9 Tips for Buying a House Sight Unseen
Most people could not imagine buying a house without first setting foot inside. After all, how do you get a clear feeling of the layout, room sizes, and all the little details that make you fall in love with a home? Is that not just a crazy leap of faith to trust a house has everything to fit your needs …
What is a Drive-By Appraisal?
After the offer on the home is accepted, an appraisal will be conducted by a third-party company. The appraisal gives a second opinion on the fair market value of the home. This assures the lender that they are making a sound decision lending their money to the buyer. As long as the buyer is getting financing for the home, there …
Do “Days on the Market” Matter During a Pandemic?
If you have been searching for homes online, you have likely noticed that each listing page has a DOM or Days on the Market listed. This is how many days the home has been listed for sale. That includes days where it may have been under contract with a buyer and put back active in the Multiple Listing Service (MLS) …
What Matters Most on a Credit Report
Is purchasing a home one of your goals? First things first, retrieve your credit report and assess if there’s anything you can do to improve it before securing financing. The better your credit report, the better interest rate and terms for your mortgage, which can save you thousands in the long run. If you want to improve your credit score, …
How to Assess the Health of a Homeowners’ Association
REALTOR® Melanie Cameron explains how to assess the health of a homeowners’ association (HOA). This is important to know if you are buying a house, condo, or townhome in a community with an organization that makes and enforces rules for the properties, as well as maintains common areas. The purpose of an HOA is to uphold property values, but an …
Single and Thinking About Buying a Home? Consider This!
According to HAUS and U.S. Census data, single homeowners are breaking records in the United States. They now own 38.4% of owner-occupied housing, the highest it’s been since 1900, the earliest year for U.S. Census records. The rise comes due to two segments of the population: people under 35 and those over 55 years of age. But the reasoning for …
How to Buy a Home During a Pandemic
The spread of COVID-19 (coronavirus) has created incredible new challenges for everyone. With restrictions in place that are sure to be there for months to come, we must now create a new normal that includes social distancing and extra health precautions. This does not mean that your dreams of buying a home must be put on hold. While we understand …
Buying a Condo: Information to Investigate and Consider
REALTOR® Melanie Cameron shares some information you want to investigate and consider before purchasing a condo, including financing options, lifestyle features, and restrictions. Have questions about buying a condo in the greater Wilmington area? Give us a call at (910) 202-2546 or send us an email at [email protected]!
Condos Vs. Townhomes: What are the Differences?
Whether you’re looking to make your first real estate purchase, downsize, or snag a property at the beach, you may notice that condos and townhomes offer similar living situations. They’re both types of attached dwelling units that offer lower maintenance options than single-family detached homes. However, ownership across the two can look quite different, and we are here to break …