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Residential Real Estate Archives

Reasons to buy a home after getting married

Many couples buy homes before they get married. Others wait until after the wedding day. It's a personal decision and depends on a litany of factors -- income, debt, relationship strength, the housing market and much more. What you decide is up to you, and either choice can be perfect, depending on your situation.

How old are first-time home buyers?

There are plenty of examples of first-time home buyers of all ages. Some people buy homes at 18 and rent them out while going through college. Others rent or perhaps live in military housing for years, only buying a house well into middle age. It all depends on the specifics of the situation. How old is the average person who is buying a house for the first time?

Is it a myth that millennials aren't buying homes?

You often hear people say that millennials are not buying homes, and that it's having a drastic impact on the economy. At that same age, younger generations were buying homes and starting families. Millennials have far too much student debt. They spend their money on other things besides homes.

What do you want in your starter home?

Odds are that the first home you buy isn't going to be the one you live in for the rest of your life. Many people buy starter homes. It's a step up from renting an apartment, but they plan to move on to bigger, more expensive homes as they advance in their careers.

5 key issues to consider during a home inspection

When you're considering buying a home, you need to make sure that your offer is contingent on the home passing an inspection. If you find issues, you can then offer a lower amount, ask the homeowner to make the repairs or back out of the deal entirely. This clause is very important.

What rights do you have with an easement?

When buying real estate, it is very important to find out if anyone else has an easement that goes with the land. Typically, the easement is going to stay with the property, even through a sale, so you may have to honor it even though you had nothing to do with the initial agreement.

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