by Mark Chaffee | Jan 16, 2024 | Homebuying, Real Estate
The calendar may say it’s winter, but the spring real estate market isn’t far off. This period is one of the most popular times to buy or sell a home in most of the country, and in some regions, it begins as early as January or February. If you’re planning to make a...
by Mark Chaffee | Nov 28, 2023 | Homebuying, Mortgage Tips
Today’s higher mortgage rates have increased the cost of buying a home, but most recent homebuyers have a plan: buy now, refinance later. According to a survey conducted by U.S. News in September, 84% of homebuyers who purchased a home with a mortgage in the previous...
by Mark Chaffee | Oct 24, 2023 | Homebuying, Real Estate
When two or more homebuyers want to purchase the same home, a bidding war can occur. This is a situation where multiple buyers compete against each other with incrementally increasing bids on the same property. Bidding wars are common in competitive homebuying...
by Mark Chaffee | Sep 19, 2023 | Homebuying, Real Estate
Embarking on the journey of buying your first home is an exciting endeavor. However, amid the excitement, it’s easy to stumble into common pitfalls that many first-time homebuyers encounter. From overlooking crucial details to underestimating financial aspects,...
by Mark Chaffee | Aug 22, 2023 | Credit Scoring Info, Homebuying, Mortgage Tips, Personal Finance
More than 43 million Americans have student loan debt, with the average borrower paying around $200/month. Student loans can open the door to a valuable education and a rewarding career, but carrying and paying off that debt can be a financial burden and a barrier to...
by Mark Chaffee | Jul 25, 2023 | Homebuying
Once you’ve found a home you want to buy and signed a real estate contract, you’ll typically want to order a professional home inspection. While getting an inspection is generally not required, and the cost is usually your responsibility, it is a highly recommended...