Category: Home Ownership

Buying a Home: Do You Know the Lingo?

Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is …

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Saying ‘I Do’ to a Tiny Grain Silo Home

“What can you live in and still have a sense of home?” Christoph Kaiser finishes his latest sketch, while Shauna Thibault chops vegetables. It’s a delicate dance in 366 square feet, but the newlyweds aren’t fazed. “There’s something about living in a small space that simplifies life,” Kaiser explains. “It quiets the mind, in a way.” …

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Spring hath bloomed… it’s that time of year again!

Grab Your Rubber Gloves and Hammer! Every spring, your home needs some extra TLC! Whether you plan on selling your home this spring or not, conducting this maintenance will help ensure your home functions well for the rest of the year. I have a list of specific suggestions for getting your house ready for market …

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Home Purchase Builds Family Wealth

  The Connection Between Home Prices & Family Wealth Over the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased …

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Rise of the mortgage-free Seattle homeowner

Aging Boomers and Rich Millennials… fueling the rise of the mortgage-free Seattle homeowner If you’re among the thousands struggling with the high cost of housing in Seattle, here’s a statistic that might make you wince. Census data show that in 2016, more than one in four Seattle homeowners owned their home outright, free from any mortgage …

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Don’t Get Caught in the Rental Trap!

Don’t Get Caught in the Rental Trap! There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t become trapped A recent article by Apartment List addressed rising rents by stating: “Rents are up 2.7% year-over-year at the national level. Year-over-year …

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99% of Experts Agree: Home Prices Will Increase

99% of Experts Agree: Home Prices Will Increase Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyedhousing experts believe that home values will continue to rise this year. What is the Home …

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2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers In Realtor.com’s recent article, “Home Buyers’ Top Mortgage Fears: Which One Scares You?” they mention that “46% of potential home buyers fear they won’t qualify for a mortgage to the point that they don’t even try.” Myth #1:  “I Need a 20% Down Payment” Buyers overestimate the down payment funds needed to …

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8 Earnest-Money Deposit Mistakes Home Buyers Live to Regret

Once a buyer settles on a home, they often show their commitment with an earnest-money deposit. But if they’re not careful, they could lose thousands of dollars. When home buyers find a home they love, they declare their commitment to the seller with a sizable chunk of change known as an earnest-money deposit. Yes, it sounds …

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What time of day to visit the home you want to buy

Visit a home you like at these times…       A neighborhood during midday can look and sound drastically different in the evening. Home buyers should spend more time scouting out the house they’re interested in at various hours of the day and night to determine if the home truly is a good fit. The …

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