Well, you’ve finally done it!
You’re moving into your new home…you’ve gone through the hassle and the pain of filling out every single line of your closing documents. You’ve dealt with inspections, with last-minute changes to your closing costs, and of course the ever-changing closing date.
So now you’re probably thinking, well all I have to do is move everything in, then I can kick back, relax, turn on the TV and enjoy myself!
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Real estate investment isn’t the same as gambling; but these days, it’s hard to know your best investment “bet”. In 2020, things are all over the map. There are supreme opportunities for those who have enough capital they can invest it, then sit on it. Meanwhile, some who previously invested are getting negatively impacted.
A great example is Los Angeles, California. L.A.’s real estate would be $200k to $1,000,000 for some ramshackle shack worth $80k in the midwest. Today, that has changed. Go on Zillow.com, and search real estate in Los Angeles stratified by price.
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While selling a home is not always a walk in the park, when you add in the current pandemic and subsequent economic situation that we’re facing, it can be downright frightening to think of listing your home for sale.
However sometimes we must sell; either for financial or personal reasons, so if you’re thinking of selling your home now, you might wonder if it’s a good idea.
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The first step in selling your home is to find the best real estate agent to fit your needs — and not all agents are created equal. What may have been a great fit in an agent for your aunt, your best friend, or your neighbor may not necessarily be the best one for you.
In larger communities, you may find agents have specialties — they may focus on a certain price range, a certain neighborhood, or a demographic such as first-time home buyers. Some may be more hands-on — leading you every step of the way — whole others may only step in when needed. Determine which kind of agent you prefer and then use these steps to make sure you find the right agent for your situation.
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As a first-time home buyer, there are many financial considerations to take into account. From the beginning stages of choosing a mortgage lender, to organizing your down payment, and finally selecting your dream home. It is important to know what financial options you have available.
For many, these options can become overwhelming and confusing. To help simplify these considerations, we’ve put together a list of the best financial options available to first-time home buyers.
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