Homebuyer Beware: Due Diligence Can Save You From Despair

June 5, 2015

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Caveat emptor: Let the buyer beware. Sure, we’ve all heard it before and we know what it means. Sadly, many don’t pay heed. There is an investment rule that all homebuyers should learn about called “due diligence.” Investopedia defines due diligence as “an investigation or audit of a potential investment,” and notes that “generally, due [...]

The 6 (Not-So-Simple) Steps to Securing a Home Loan

February 27, 2015

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From the word “mortgage” to the methods used by lenders to determine how much to loan, the home loan process can be confusing to first timers. In fact, one third of the respondents to a 2011 Wall Street Journal survey of homebuyers said that the most difficult part of buying a home was understanding the [...]

Buyers Beware: 3 Points to Ponder About a Home’s Location

December 19, 2014

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When buyers are on the hunt for a new home, they’re usually very focused on one thing: the house. Blinders can get even worse if they fall in love with one, and the thought process becomes akin to one of those romantic photos with fuzzy edges—the only thing in focus is the house. What those [...]

Avoid These 5 First-Time Homebuyer Mistakes

August 29, 2014

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According to the dictionary, a mistake is an error resulting from deficient knowledge or carelessness. While we can’t do anything about carelessness, when it comes to counseling first-time homebuyers, it’s up to the real estate agent to cure any deficiency in knowledge. That homebuyers lack knowledge about the process only makes sense when you understand [...]