Retirement marks a period of relaxation, new adventures, and indulging in your passions. As you embark on this exciting phase, it’s crucial to reassess whether your current living situation still aligns with your needs. For many, a large home can become too costly or impractical during retirement. Downsizing could be a smart solution to enhance […]
Category Archives: Home Buying Tip
What Credit Score Do You Really Need To Buy a House?
Your credit score plays a pivotal role when you’re in the market to buy a Triangle Area home. It acts as a financial benchmark for lenders, determining your eligibility and the terms of your mortgage. As highlighted by the Mortgage Report: Good credit scores communicate to lenders that you have a track record for properly […]
Is Affordability Starting To Improve?
Over the past few years, many people have found it challenging to buy a home in Raleigh. While home affordability is still tight, there are signs it’s getting a bit better and might continue to improve throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: Housing […]
Where Will You Go After You Sell?
If you’re thinking about selling your Raleigh home and relocating, you might have noticed that options have been limited lately. But here’s some good news: the number of homes on the market has increased in many areas this yearāincluding Raleighāand that includes both existing homes and newly built ones. So how do you make the […]
Why Fall Might Be the Best Time to Buy a Home
Key Facts Discover fewer competitors and more opportunities to secure the right home in the fall. Explore Raleigh properties comfortably thanks to mild weather and seasonal curb appeal. Accelerate transactions with year-end motivations, gaining tax benefits and easier moves. As the busy summer season winds down, the fall real estate market presents unique opportunities that […]
Why the Sandwich Generation Is Buying Multi-Generational Homes
Are you part of the Sandwich Generation? This term, as defined by Realtor.com, refers to the one in six Americans who are simultaneously caring for their children and their aging parents or grandparents. For those familiar with this balancing act, the challenges are manifold, but there’s a notable upside that may ease some burdens, particularly […]
The Biggest Mistakes Homebuyers Are Making Right Now
Some Highlights Are you aware of the biggest homebuyer mistakes currently affecting the market? These include delaying mortgage pre-approval, waiting for the perfect Raleigh home, buying more than one can afford, and not seeking professional advice. Contact Linda Craft Team Realtors to dodge these common homebuyer mistakes by having an expert on your side, guiding […]
How To Determine if Youāre Ready To Buy a Home
Deciding whether buying a home in Raleigh is the right choice for you involves more than just weighing financial factors and market conditions; it’s also about understanding your personal readiness and life goals. As you ponder this significant decision, consider your financial health, current mortgage rates, the housing market’s inventory, and how all these elements […]
Tips for Effective House Hunting in a Competitive Market
Key Facts Learn the importance of obtaining mortgage pre-approval and how it signals your serious intent to sellers. Discover how partnering with experienced real estate professionals can streamline your home-buying process. Understand the necessity of flexibility and quick decision-making in todayās fast-paced real estate market. The housing market is always changing, which can make buying […]
Everything You Should Understand About Current Down Payment Programs
In the current real estate climate, securing a home has become a daunting task due to rising mortgage rates and home prices. This situation has sparked interest among many in exploring available grants and down payment assistance programs. However, finding a starting point can be overwhelming for prospective homeowners. A recent Bank of America Institute […]