Category Archives: Buyer Resources

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New Home for 2017?

By | Buyer Resources | No Comments

The new year is a time to achieve goals and plan for the rest of the year. If buying a home is on your mind, then it’s time to start planning appropriately. Buying a home is a big decision and 2017 may just be the year to take the plunge. Buying a home is never an easy task, there are so many factors to consider and tackle. Even if you plan to buy for the summer, it’s always good to start early. January is the perfect time to start the hunt and prepare for the big purchase. Here are some helpful tips to consider: 1. How Much Can You Afford? Before you find a home and find an agent, it’s important to know how much you can afford. Lenders generally recommend that you look for homes that cost no more than three to five times your annual household income if you make a 20% down payment and have a moderate amount of other debt. This will help ensure how much house you can afford 2. Get Prequalifies and Preapproved To get prequalified you just need to provide some financial information to your mortgage bankers such as your income and the…

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Millennials are Choosing the Suburbs Over the City

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Young home buyers are giving up the city life in favor of quiet neighborhoods, convenience in parking and morning jogs at local parks. In the past, millennials thought of the burbs as cookie-cutter homes and slow day to days. Now, it’s time to erase these stereotypes and see why young buyers are flocking over to buy homes in the suburbs. According to National Association of Realtors®, first-time buyers made up 35% of all home buyers. Millennials are increasingly buying homes in the suburbs. Let’s look at some factors on why millennial homebuyers are leaving the big city and going to a slower and quiet paced neighborhood. Land and Space People who lived in the city before understand that both land and space are limited. Suburbs have a number of parks, hiking grounds and greenery. Backyards are often on homebuyers wish list, the house itself isn’t enough. Young buyers want a yard for their dogs and a space to grow different plants and crops. Convenience While it’s exciting to have a city full of people and access to nightclubs and events, younger buyers are appreciating the convenience of getting around. Convenience driving to the grocery store, convenience making quick errands and…

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downsizing a home

7 Tips When Downsizing Your Home

By | Buyer Resources, Seller Resources, Tips for Home | No Comments

Downsizing can be extremely tough. Whether you have already downsized or preparing to do so, there are some key important steps you can take to make the process a smooth transition.  Like most people, your home is probably filled with items that you have accumulated over time.  Follow these seven steps and I promise it will make the experience a much more positive one.

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St. Louis

Reasons to Love St. Louis

By | Buyer Resources, For the Family | No Comments

From trend-forward, energetic bar and nightclub districts, to charming tree-lined streets dotted with neighborhood cafes and restaurants, St. Louis, the ‘Gateway to the West’, offers the perfect recipe for those who might be considering a move to this Midwest favorite. Whether you’re considering a company relocation opportunity, starting a new career, or simply wanting to experience the adventure of living in a new city, it’s easy to see why the ‘Spirit of St. Louis’ abounds in this beautiful city known as the ‘Rome of the West’.

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home buying costs

The Home Buying Costs You Haven’t Considered

By | Buyer Resources, Tips for Home | No Comments

Buying a home is 38% cheaper than renting in most cities, so it’s no surprise that more and more renters are considering buying a home. If you’re among this new crop of prospective homeowners, as you crunch the numbers for your down payment and mortgage, be aware that there are a few other costs that catch you by surprise. While shopping for your first home, a few of these costs:

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homebuyers

Five First Time Home Buyer Mistakes and How to Prevent Them

By | Buyer Resources | One Comment

So you’ve saved, saved, and then saved again for that down payment on your first home purchase. You’ve read countless articles on how to select an agent, you’ve toured several communities, and even spent hours online doing research. You feel more prepared than ever, and now you’re finally ready to start thinking about making that piece of the “American Dream” a reality. But wait, before you make what will arguably be the most expensive purchase in your lifetime, make sure you avoid some common mistakes that, in the end, could save you some serious money and frustration. Here are five mistakes you’ll want to know you navigated around, as you pop open that bottle of bubbly in celebration of your first home purchase.

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down payment

How to Start Saving for a Down Payment for your First Home

By | Buyer Resources, Tips for Home | No Comments

These days, pursuing the American Dream of owning your own home isn’t so easy. However, despite the challenges associated with saving for a down payment, and the high cost of housing in certain markets, most Americans still want to own their own home. Some call it a biological urge, based on our human desire to nest.  According to former Housing and Urban Development Secretary Shaun Donovan, Americans are still determined when it comes to home ownership. “Americans continue to want to be homeowners and they want to do it in a more careful and responsible way given the crisis that we’ve been through, but there is no evidence that we’re going to abandon the home ownership society.” And as American’s interest in home buying inches up near 2006 levels, the biggest hurdle is saving for a down payment.

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