Category: Buyer Tips
Berkshire Hathaway HomeServices Releases 2021 Global Luxury Real Estate Report
The Most Comprehensive Report On The Luxury Lifestyle Berkshire Hathaway HomeServices, the defining voice in the luxury real estate industry, and The Wall Street Journal’s Mansion Global Custom Studios bring you the 2021 Global Luxury Landscape Report. The report delves deeply into the inner workings of the world’s interconnected luxury industries, and the impact the... Read More
Insight Q1 2021: Purchasing A Home Is Better Than Renting
Purchasing Locks In Your Costs, Whereas Renting Does Not. With mortgage rates hovering around 3% today, it is generally accepted that the debate of ‘rent vs. buy’ generally falls squarely into the ‘buy’ category. For example, the principal and interest payment on a $500,000 30-year fixed rate mortgage at an annual rate of 3% is... Read More
Insight Q1 2021: Low Interest Rates Are Driving Buyer Demand in Miami
When The Cost To Borrow Money Goes Down, Prices Typically Rise The posted interest rate by FreddieMac for a 30-year fixed mortgage in February 2021 was 2.81%. Just 10 years earlier, that rate was 4.95%, and that was considered low! Who would have thought that we would be living through an era of generationally low... Read More
Advice For Military Veterans and Service Members Who Want To Buy and Sell Real Estate
Advice for Military Veterans and Service Members Who Want to Buy and Sell Real Estate I love serving soldiers, sailors, airmen, and officers from all branches of service: Army, Navy, Marine Corps, Air Force, Coast Guard, and Space Force. Please enjoy this video of a veteran doing the right thing when he probably thought no... Read More
How Much Are Closing Costs and How Do You Reduce Them?
When you get a mortgage to buy a home, you’ll have to pay closing costs: These fees, paid to third parties to help facilitate the sale of a home, typically total 2% to 7% of the home’s purchase price. So on a $250,000 home, you can expect the amount to run anywhere from $5,000 to $17,500. Now that... Read More
Why Use A REALTOR® To Buy A Home
Almost anyone who has seen a home be bought or sold has had the thought of “I can do this myself” cross their mind. Another idea that tends to enter the mind of a buyer is, “if I go directly to the real estate agent, I’ll get a better deal.” Although you can represent yourself... Read More
You’ve Decided To Buy A Home. Here’s What Should Happen Next.
Deciding to purchase is a huge step forward on your homeownership journey. There are so many great reasons to own a home: having your own space to create the ideal environment for you, tax benefits, and, of course, a place to make lasting memories. But some buyers get confused about just where to start, so... Read More