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By Katie Browder-Person 03 May, 2023
Soaring rental prices have many renters considering buying a home. If you are one of them, here are a few tips to help you get ready to buy your first home. According to recent data from ApartmentList.com:
By sales 26 Apr, 2023
  If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your home buying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One thing you can do to help you prepare is to get pre-approved.
By sales 25 Jan, 2023
 
By Evan Skinner 06 Oct, 2022
By Katie Browder-Person 28 Mar, 2022
Preparing your home for a private viewing is essential. These are the things you should focus on...
By Katie Browder-Person 28 Mar, 2022
This is a subtitle for your new post Write about something you know. If you don’t know much about a specific topic, invite an expert to write about it. Having a variety of authors in your blog is a great way to keep visitors engaged. You know your audience better than anyone else, so keep them in mind as you write your blog posts. Write about things they care about. If you have a company Facebook page that gets lots of comments, you can look here to find topics to write about.  Write about something you know. If you don’t know much about a specific topic, invite an expert to write about it. Having a variety of authors in your blog is a great way to keep visitors engaged. You know your audience better than anyone else, so keep them in mind as you write your blog posts. Write about things they care about. If you have a company Facebook page that gets lots of comments, you can look here to find topics to write about.
By Katie Browder-Person 28 Mar, 2022
One of the first steps in your home buying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a pre-approval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to borrow, and what your rate could be .” Basically, pre-approval gives you critical information about the home buying process that’ll help you understand your options and what you may be able to borrow. How does it work? As part of the pre-approval process, a lender will look at your finances to determine what they’d be willing to loan you. From there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. That can make it easier when you set out to search for homes because you’ll know your overall numbers. And with higher mortgage rates impacting affordability for many buyers today, a solid understanding of your numbers is even more important. Pre-Approval Helps Show You’re a Serious Buyer Another added benefit is pre-approval can help a seller feel more confident in your offer because it shows you’re serious about buying their house. A recent article from Forbes notes : “From the seller’s perspective, a pre-approval [sic] letter from a reputable local lender often can make the difference between accepting and rejecting an offer .” This goes to show, even though you may not face the intense bidding wars you saw if you tried to buy during the pandemic, pre-approval is still an important part of making a strong offer. In fact, Christy Bieber, Personal Finance Writer at The Motley Fool explains it may be the most important part of making an offer: “Pre-approval maximizes the chances you’ll be able to actually close the deal – and sellers want to see that . The fact that a pre-approval gives you a better chance of getting your offer accepted is undoubtedly the most important reason to complete this step . . .” Getting pre-approved is an important first step towards buying a home. It lets you know what you can borrow and shows sellers you’re serious about purchasing their home. Connect with a local real estate professional and a trusted lender so you have the tools you need to purchase a home in today’s market. Bottom Line If you’re looking to buy or sell a home this year, the best way to ensure you’re up to date on the latest market insights is to partner with a trusted real estate advisor. At VIP Realty, we can help you find a home that is perfect for you and your family. We have helped thousands of people achieve their dream of owning a home. We take pride in the relationships we build while working relentlessly on our clients' behalves selling commercial, industrial and high-quality residential properties. Call Greg or Evan at 614-537-1994. The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. VIP Realty does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. VIP Realty will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
By sales 01 Oct, 2021
What king of offer do you need to make in today's competitive market?Gone are the days when buyers could shop for a home with the expectation they would be able to negotiate a lower sales price. Typically, buyers tried to determine how much less than the asking price they could offer and still get the home. From there, the buyer and seller typically negotiated and agreed on a revised price somewhere in the middle.Things Are Different TodayToday’s housing market is anything but normal. According to the National Association of Realtors (NAR), homes today are:  • Receiving an average of 3.8 offers  • Selling in just 17 daysHomes selling quickly and receiving multiple offers highlights how competitive the housing market is right now. This is due, in large part, to the low supply of homes for sale.
By sales 04 Sep, 2021
Soaring rental prices have many renters considering buying a home. If you are one of them, here are a few tips to help you get ready to buy your first home. According to recent data from ApartmentList.com:
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