If you’re interested in buying a condo, here are some helpful terms and things to consider. No matter what, future condo homeowners should ask a few important questions when considering a unit: Who runs the condo association? What are the rules and restrictions for living in the building? How much are the monthly fees and what do they cover? […]
In a simplified example, zoning means your neighbor cannot turn their condo unit into a public café or a daycare. Zoning might not feel important to you as a homeowner, but the extent of its influence may surprise you!
Congratulations homeowner! Let’s talk about safety, especially as it pertains to carbon monoxide detectors. Carbon monoxide (CO) is a colorless, odorless, poisonous gas found in fumes produced anytime you burn fuel like oil, gas or coal. It can build up indoors and poison people or animals!
A closing is when you, the buyer, sign the final ownership paperwork and officially, legally become the owner of your home! You will leave your closing with the home’s keys. Your closing date will likely be listed on the purchase and sale agreement you will sign after your offer is accepted. On average, closings are […]
This group of professionals will help you throughout the homebuying process. As you assemble your homebuying squad, consider working with all of these experts to make your home purchase confidently and with minimal stress. Like an athletic team, each member of the homebuying squad plays a crucial role in helping you achieve homeownership. MEET YOUR REALTOR® On this team, you are […]
If you’re buying a condo or townhouse with commonly shared areas or amenities, the property is likely run by a homeowner’s association (HOA). The fees you pay to the association, otherwise known as HOA fees, go towards the ongoing and future maintenance of these amenities and spaces. Why Do HOA Fees Vary So Much? The […]
Finances are typically the most intimidating part of the homebuying process. So, here are five financial questions to ask yourself so you feel as empowered as possible. #1: How Are Your 4 C’s? Let’s look at loan eligibility or “buying power.” Most lenders evaluate a person’s buying power based on four elements called “the four […]
Congratulations, your offer has been accepted! You now have entered the attorney review period. Typically, a home inspection is scheduled within five days of the accepted offer. An inspection report is an inspector’s documented recommendations and observations of the property’s potential need for repairs. Remember, your inspector’s job is to find any reasonably discoverable issues […]
