For someone who wants to stop renting and start owning a home, the goal may feel like steep climb. With housing prices and rent rising, it can be hard to imagine making a large purchase such as a home. However,…
Category: For Buyers
Affordability in Home Ownership
Posted in For Buyers Tagged with: affordability, budget, credit, credit history, credit reporting, home buying, mortgage, types of mortgage
Building your Dream Home in Maine
Building a dream home has many benefits! New construction homes are: Tailored to you and your family’s needs Built using new materials that will last longer Need less maintenance and repair in the near future Meet current safety codes and…
Posted in For Buyers Tagged with: architects, builders, buyers, dream home, land, land buying, maine, new construction, new england, winter construction
Short-Term Rentals as Investment Properties
Short-term rentals are an up-and-coming way for travelers to stay in places that are not the conventional hotel or resort. For a generation looking for “authentic experiences,” it’s a fun and exciting market to tap into. However, there are many things…
Posted in For Buyers Tagged with: investment, investment property, short-term rentals, travel, vacation
7 Tips to Scoping Out a New Neighborhood Before Buying
Planning on moving to a new neighborhood? Many times when people start the moving process, we tend to focus on making sure the property is going to meet our needs. Beyond the property lines, however, knowing your neighborhood can really…
Posted in For Buyers Tagged with: home buying, neighborhood, real estate, real estate agent, research, tips
Mortgage Road Map: What to Expect!
Buying a home can be a daunting task. Between making sure your new home will meet all your needs and getting the best value, adding the mortgage process into the mix can be overwhelming. Thankfully our agents here at The…
Posted in For Buyers, Uncategorized Tagged with: home buying, maine, mortgage, mortgage application, mortgage process, pre-approval, real estate, underwriting
Getting Ready To Buy A Home?
Here are some helpful tips for getting ready to buy a home: 1. Check your credit score and report. You can obtain a free copy of your credit report once a year www.annualcreditreport.com Keep in mind that different industries calculate…
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The Big Down Payment Myth
According to a recent article by The National Association of Realtors, there is a common misconception that buying a home requires a 20% down payment. “The average down payment on a purchase mortgage was just 11 percent in 2016. And…
Posted in For Buyers
Should I buy a house with a well?
When buying a house you may come across a house that uses a private well for water supply instead of public water. There are advantages and disadvantages to a well water system and a public water system so it’s not…
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How To Buy in a Tight Market
Follow these tips from Realtor.org to increase your chances of getting your dream house in a competitive housing market. Get prequalified for a mortgage. You’ll be able to make a firm commitment to buy and your offer will be more…
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2012 Statistics For Buyers
Here are some recent interesting statistics that were published by the NATIONAL ASSOCIATION OF REALTORS® • Fifty percent of recent home buyers were first-time buyers in Maine, compared to a national level of 39 percent, which is a slight rise…
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