Home Buying

Even Experienced Home Buyers Can Make These Mistakes

Many articles are specifically written for first-time home buyers, whose lack of experience naturally puts them in a more vulnerable position when searching for a home. However, when dealing with something as complicated as real estate, there are still plenty of mistakes to be made by even seasoned buyers! Keep reading to learn about four home buying traps which often ensnare repeat buyers as they attempt to find their next home.

Fall Might Be the Best Season for Home Buying

Although the summer months are the traditional time when most house hunters are out looking for their new home, savvy buyers should consider continuing or beginning their search in the fall. In fact, there are several factors which combine to make fall the optimal time for home buying. This largely comes down to less buyer competition; you are essentially zigging when most people zag, giving you the advantage over sellers as demand falls after summer. Keep reading to learn why fall might be the best season for home buying!

Buying a Home? Factor in These Forgotten Costs

All serious home buyers should already know about closing costs, the cash needed to finalize a home purchase. Usually totaling between 2% and 5% of the purchase price, this money covers a variety of expenses, including the title, lender, and appraisal fees, that are required to sell a home. As part of your financial preparation for buying a home, you probably budgeted for these official closing costs; however, there are several additional expenditures which are commonly overlooked by otherwise well-prepared home buyers. Keep reading to learn about these forgotten costs so that they don't end up busting your budget!