The National Association of Realtors (NAR) has conducted some studies that showed us what top cities many baby boomers are moving. These cities are not necessarily where baby boomers are retiring. They are considering these cities to continue working with a lower cost of living and some good weather. Many individuals are not ready to retire. But realize that a lower cost of living can support their final plans for retirement. With a pre retirement city move, boomers can add more to their retirement packages. Boomers also want warm weather locations, which are good for the body as we continue to age. Here are the top five cities that NAR has discovered has many baby boomers moving to prior to their retirement.
Getting a mortgage can be no small task. These days, borrowers have to meet stringent income and credit requirements to get a lender to finance their new home. But even with proper documentation and a stellar credit score, the process can go awry.
Here are five things borrowers still do that can make getting a mortgage more dicey.
Selling your home during the holidays can present different challenges than during other parts of the year. Are buyers out and about? When is their time to see the house amidst all the holiday events and family? Are you or your agent available to show your home? Asking yourself these simple questions and others will help determine if you can sell your home during the holidays. Read More
Buying a new home or property is a daring challenge many people fail to stand up to. A good deal in the real estate market is not a dime a dozen, and can be quite difficult to strike. Those becoming homeowners for the first time should brace themselves. Especially when operating on a tight budget. To make the decision making process easier, you must come up with a list of non-negotiables. These are the elements and properties of the living environment you cannot do without. Read More
Buying real estate can oftentimes seem intimidating. Especially, when you are not actually in the industry. What forms do we need, what is recommended to do before, during and after buying a home? Can I carry a proper negotiation if I do not understand the real estate terms and the processes.
Here are some great definitions of real estate terms from the group at HouseHunt and Inman.com that can make you feel more comfortable when purchasing a house. By understanding these terms, you will also feel confident when negotiating when buying or selling a home.