The challenges of buying a home Buying a home is a challenging task. Homebuyers need to gather many documents. Banks will issue mortgages based on proof of income, credit history, amongst other papers they will request from you. And if everything goes right, the seller signs a grant deed to transfer real property title to the new owner. Unfortunately, many homebuyers think that once they have a title...
A new normal It's undeniable that the real estate market has been through a very abnormal period since the pandemic started. The graph below shows the % change in pending sales every month from Jan 2018 to Aug 2022. You see a big dip in April of 2020 when the stay-at-home order was implemented. You also see the pending sales dwindling as the interest rate started to rise in 2022. The Bay Area...
The pandemic has truly caused much headache for Bay Area dwellers. A rush of residents moved out of the Bay Area last year, some returning to their home states and some fleeing to less expensive cities. Because of this, many condo units went on the market. Veteran renters snatched up condos and became first time homeowners. But, is a condo the right type of property for you? If you are considering a condo...
Traditionally, Spring is the time of year when people opt to buy a new house. Recently, some home sellers found this to be a huge opportunity to also practice leveraging during the Fall. Various factors effect the housing market find out why they think that the Autumn is the perfect time of year to find the dream home for you and your family. Here are the top 5 reasons why you should consider buying a...
by Lex Shan
Being married is a whole new stage in life. Unlike most romantic comedies that end with the wedding, in real life, it is just the start of a whole lot of adventure for couples. After getting over with the ceremonies, what most newlyweds usually endeavor is finding a new house where they can settle down and fulfill their dream of having a happy family. Buying that dream house is probably the first major...
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