While buying a tiny home is similar to purchasing a traditional one, there are some unique issues you may run into during the process. One of those is the fact that you may have trouble obtaining bank financing for the property. Here’s the reason why that is and what you can do to overcome the issue.
Tiny Home Aren’t Considered Homes
The primary reason banks may hesitate to issue loans on tiny properties is because the homes aren’t classified as houses. Read More»
Purchasing a luxury home is a major investment. What qualifies as a luxury home varies from market to market. In most real estate markets across the US, luxury real estate starts at around $1 million. However, in certain markets the luxury real estate market begins at a higher price point due to overall higher home prices. In cities such as New York, Los Angeles, and San Francisco, luxury homes for sale usually command $4 million and up. Read More»
Many people want to live on a quiet side street, but when you own a home on such a street, finding a buyer is not always as easy. You can’t rely on drive-by traffic for advertising, and some potential buyers may not recognize the street’s name, making them less likely to come see your home than those on more popular routes. If you want to sell your home on a side street quickly and at a good price, follow these three tips. Read More»
With many areas in the United States suffering from a tight housing market, it can be hard to find the house you really want at a price you can afford. In a seller’s market, a buyer needs to be more diligent and more flexible. Here are four tips for any potential home buyer, from new to experienced:
Have Money Ready. Tight real estate markets mean you have to be ready to go before you look at a single house. Read More»
Purchasing a home is major decision for most people. Not only is it a major financial commitment, it can also be difficult to find the right home. This is especially true in housing markets with low inventory. Simply finding a home that’s for sale can be difficult in low inventory real estate markets. For those who are able to find a home that suits their needs, multiple offers above asking price can make purchasing a home a gamble. Read More»