When buying a house, many people might simply think it is just as simple as that. However, there are many ways homes can differ depending on how you’re going to use them. Whether you want this place to be your primary residence, a house you rent out to make passive income, or a home you venture to when you just want a change of scenery, all these factors can change what kind of mortgage you can get. This article will illustrate the differences between a second home, an investment property, and a vacation home.
Whether you are looking to move to a new city or a different neighborhood, a real estate agent can be a huge asset in helping you get the home of your dreams. Their expertise, experience, and knowledge will benefit you when looking to start the next chapter of your life. If you’re still not convinced, we have a guide that will show you all the reasons why a real estate agent is a way to go when buying a new home.
When we all fly out of the nest, we usually land in a rental apartment or room and then upgrade somewhere down the line to buying a home or condo. However, sometimes these options make more economic sense depending on your circumstances. Here we will discuss the economic benefits of renting and buying so you can decide how you want to use your money.
As we approach the new year, it means the spring housing market is peeking just around the corner. Many forecast that the Spring of 2021 is going to be a great time to buy a new home, however, if your children aren’t able to make a down payment or find themselves needing some assistance, a little extra help from family could be an alternative option to support buying their first home. Many Millennials are striving to succeed, yet the current climate makes it tricky to buy a home.
Since 2017 home sellers have recognized the potential of the iPhone-only video chat application, FaceTime. While nothing beats the experience of in-person home viewing, video chat apps have become increasingly popular recently because of the COVID-19 pandemic. With video chat apps, home sellers are now able to give prospective homebuyers a walk-through of the property virtually.