One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house, especially if you take advantage of government-backed programs or incentives. Are you eager to buy a home but aren’t sure if […]
Category Archives: First Time Home Buyers
Buying Your First Home? You’re Not Alone!
Buying your first home is both exciting and a little overwhelming. There’s a lot that goes into the process—applying for a loan, making an offer, inspections, appraisals, due diligence, escrow… It can be a lot for an inexperienced buyer! But the good news is that you’ll hardly be the only new buyer on the hunt; […]
3 Reasons to Get Pre-Approved Before Buying a Home
If you’re thinking of investing in real estate, you might be wondering exactly where you should be starting your homebuying journey. Is it with a home search? A real estate agent? An open house? Actually, the answer might surprise you: it’s with getting pre-approved. Get Pre-Approved, Start Your Homebuying Journey It’s no secret: real estate […]
Find Out Why More Than Half of Buyers are Wrong About Down Payments
True or false: if you’re buying a home, you need to have at least a 20% down payment? If you answered true, you aren’t alone—so did 62% of Americans. But in reality, that couldn’t be further from the truth—and you don’t have put off your home-buying dreams just because you can’t come up with 20% […]
Your Latest Course in Homebuying: The 5 Acronyms You Need to Know
You might think that since you’ve put some distance between now and high school and college, your days of memorizing vocabulary and learning new definitions is long gone. But if you’re buying a home, then you’re going to want to dust off those skills and start studying up. Real estate comes with its own confusing […]
The Biggest Reasons Why Homeowners are Happy… and Renters Aren’t
Coffee or tea? Cake or pie? Rent or buy? Life is full of big questions—some a little harder to answer than others. But in the case of renting versus buying, there are a few big reasons why ownership still wins the battle. Thinking about making the jump from renting to owning? Here’s how your life […]
How A Daily Latte Affects Your Real Estate Goals
With summer on its way out and fall just around the corner, it’s prime latte season. Pumpkin spice, maple pecan, salted caramel—some of the best seasonal flavors make their debut! While it’s great to treat yourself to a cup of coffee every now and then, those small expenses can really add up—especially if you’re pinching […]
The Best Real Estate Advice for Millennials—from a Millionaire
If you’re a millennial, then you’re probably a little tired of hearing all the criticism towards your generation. Buying avocado toast instead of saving money, always texting instead of calling—they’re all pretty unfair generalizations. Another common criticism of millennials? That they never buy homes. But actually, that couldn’t be further from the truth! In fact, […]
The 2 Biggest Buying Myths—And Why You Shouldn’t Believe Them
Buying a home is a major decision—one that you should spend plenty of time thinking about. But for many people, that thinking stage quickly becomes filled with anxieties—about money, about mortgages, about lenders—and they may decide to postpone their buying plans. At Linda Craft & Team REALTORS®, we want to break some of the negative […]
Streamline Your Raleigh Home Search with These 6 Key Tips
Buying a home can be challenging, especially when you factor in low inventory levels in top cities like Raleigh. High demand and low inventory have created something of a seller’s market, and while conditions are slowly improving for buyers, the market is still tipped favorably towards sellers. But don’t give up! While finding a home […]