Category: Buying A New Home

First-time home buyers – did you know the government recently enacted a benefit to help you make your first home purchase? The incentive gives first time home buyers a federal income tax credit up to $7,500 for those who close on or after April 9, 2008 and before July 1, 2009. 

So if trying to time the bottom of the real estate market is not the best strategy, what should a home buyer evaluate before buying a new home?  Here are some considerations that can help you assess whether this is a good time for you to buy property.

New home buyers…if the dismal news on the housing market has you waiting on the sidelines or trying to time when we’ll hit bottom, you may want to rethink your strategy about buying a new home.
Timing the Market Bottom May Not Be Wise Home Buying Strategy
The fact is, even the economists have a hard time agreeing on when the U.S. real estate market will hit its low point.  Many financial analysts think we could experience at least two more years of depreciating home values.

Trying to time the market, be it the stock market or the housing market, is a difficult task - and depending on your local environment, it may be an unnecessary gamble. 

When you’re buying a new home, you have an endless array or questions to go along with the anxiety and the stress and worries about the unknown. So calm down and we’ll give you a few tips that will help …

Is a new home warranty right for you? You should consider a new home warranty to help ease your mind about what could go wrong with your new home after the closing. Weigh the costs and benefits of purchasing a new …

There are many favorable reasons to buy a new home in lieu of renting. Most homeowners will agree that receiving tax advantages is high on the list. Tax benefits will vary widely depending on the circumstances of the individual home buyer, but the main …

It’s Halloween Week, when seemingly everything around us is scary. Recent news reports have portrayed the housing market as scarier than a busload of zombies, arousing primal fears, but the real truth is that home buyers — that is, people who …

Home Buying Guide: Rent vs Own

There are many advantages to owning your own home instead of renting. From a financial standpoint, the only one who truly benefits from paying rent is the landlord.

If you choose to rent, you’ll never see your …

What Should You Look For In a Neighborhood?
Some neighborhoods will be an immediate yes or no. You’ll  get the “Like it” or ”Not for me” vibe right away. The energy and quality of life will be visible everywhere - in the streets, buildings, parks, …

What Kind of Home Do You Want?
When you first start gearing up to buy a new home, it’s a good idea to create a ‘house hunting action plan’ - the business of finding the perfect …