COMPARE CLOSING LLC

Sometimes when you get out there and start thinking about  home shopping , you get a little sticker shock when you see how much these homes cost whether it is new construction or a resale home. You wonder what happened to these more affordable homes, where are the fixer-uppers in the market? And should I buy one to make it my dream home? Only you can decide that, so today we will discuss  fixer-uppers vs move-in ready homes  and which one is right for you. Buying a Fixer-Upper Buying a fixer-upper is a good idea at least to consider. Right? Let’s face it; no home is going to be everything that you wanted until you put your touch on it anyway. So if you are going to do all that work to the home, how about you put some more in a fixer-upper home and get the value of the house more close to any move-in ready home in the same area or community that you are planning to buy. Estimating the Renovation Cost First thing! You got to be real with your self a...

List of  Challenges  and  Tips If you are  new home buyers  and you are on that fence, it makes a lot of sense. Sometimes you get a lot of anxiety and concerns. Yes, it could be less confusing and easy if you know how to go about it. Today we will discuss the most common challenges faced by new home buyers and also understand how to get over these challenges. 1- Commitment Issues for New Home buyers When you are thinking of buying a home, especially the new home buyers, there is a lot of anxiety and fear, which could be called the fear of the unknown. The best way to replace fear is with knowledge. Because with knowledge comes power, and with power comes the comfort and confidence to make a well-informed decision. The reason why this is one of the biggest things across the country for the new home buyers as commitment issues is that a lot of home buyers feel nervous of making sense about 15 years or 30 years fixed-rate mortgage or ARM. ...

https://www.compareclosing.com/blog/build-home-equity-on-your-new-home/ 4 Ways to Build  Home Equity  on Your New Home It’s out there. Buying a new home is one of the most intriguing processes. There is too much thought which goes in when looking to buy a new home. When it comes to real estate, you are looking for a comfortable place to live, at the same time, it should also be a sound investment. Below are four tips so that you can build Home equity and do not end up underwaters on your new home. Location Be strategic about where you buy your new home. Do your homework on which areas are getting good appreciation in home values. Sure, you want to buy where population and amenities are growing, but you also need to understand what’s driving the local economy? Home prices mirror income levels! So, look for communities with mixed and expanding job base, where salaries are growing. It is also possible that the home value may not appreciate as anticipated, bu...

Documents Required After Buying A Home First Time While after buying a home the first time you have signed many documents. What were those documents? The title company gave you a copy of documents on your way out of closing and possibly you placed those documents somewhere never to see them again. Let us know what documents to keep and where can you get those documents if you have accidentally misplaced them. First, let us know the documents which are super important that you would want to keep. When you started the process of buying a home first time your realtor might have provided you with some documents. The best way to secure them is to maintain a binder or a folder physically or you can back up the digital copies of the documents as and when you receive it on your computer or cloud storage Buyer Representation Agreement The first document you would want to secure is the “ Buyer Representation Agree...