As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard when it’s time to close on your home. What Are Closing Costs? One possible reason some people are surprised by closing costs may be because they don’t know what … [Read more...]
This Spring Presents Sellers with a Golden Opportunity
If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be able to get the best of both worlds today. Here are four reasons why this spring may be your golden window of opportunity. 1. The Number of Homes on the Market Is Still Low Today’s limited supply of houses for sale is putting … [Read more...]
Our Crystal Ball was right in 2021
We supported 16 investors in 2021 who did their own research, took our advice, and bought new construction investment homes in Cartersville GA. Townhomes that sold for under $220,000 in early 2021 new are now getting $286,000; Single Family Houses that were $280,000 are now at $360,000. These investors gained an estimated $1,400,000 in equity in one year! We still like Cartersville as an investment because it has a terrific location off of I75, several major employers, things to do, and still … [Read more...]
Key Terms for Homebuyers
How To Navigate a Market Where Multiple Offers Is the New Normal
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly competitive market where homes sell fast and get multiple offers. Realtor.com has this to say: “Homes also flew off the market at record pace as buyers put offers in the moment properties came up for sale….” In a bidding war situation … [Read more...]
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