If you’re looking to transition from renting to homeownership in the near future you may be the perfect candidate for a starter home. By their very nature, starter homes are not designed to be your forever home. But, if you’re new to the real estate market, you may not know what to look for when buying your first house. Thankfully, a new article from Trulia, the online real estate authority, offers insight into the five standout characteristics your starter home should have. One of the most … [Read more...]
Buying a Condo: 5 Reasons it’s Smart for Millennials
October 14, 2015 by
With rents rising at twice the rate of income, many millennials are wisely beginning to explore the prospect of buying a home for the first time. According to Zillow, the affordability of buying a condo may make it the smartest way for millennials to enter the realm of homeownership. Because location is often a major selling point for millennial buyers who want to be close to work, night life, and other social settings, buying a condo often offers more bang for the buck than buying a … [Read more...]
Should Your First Home Be a Fixer Upper?
September 28, 2015 by
Buying a home for the first time is one of the most important financial decisions most Americans will make. While the price tag of a fixer upper may seem appealing to a first-time homebuyer, is it really the right financial move for someone who has no experience being a homeowner? According to William Giakoumatos, vice president of American Custom Contractors and a contributor to a recent article for RISMedia, there are seven important factors a first-time homebuyer should consider before … [Read more...]
