Key takeaways: Most buyers—especially first-timers—think they need a 20% down payment to purchase a home. Believe it or not, a majority of today’s buyers put down significantly less than 20%! Want to know if homeownership is within your reach? Contact Linda Craft & Team at 919-235-0007 to start your real estate journey! No, You Don’t […]
Tag Archives: First Time Home Buyers
3 Reasons All Buyers and Sellers Should Use Listing Alerts
Key takeaways: Listing alerts send new homes straight to your inbox as soon as they hit the MLS, and they’re the easiest way to keep up with the competitive market. Listing alerts aren’t just useful for buyers—they can also help sellers stay up-to-date on other current and sold properties in their neighborhood. Signing up for […]
What’s the Difference Between an Appraisal and an Inspection?
Key takeaways: If you’re planning on buying a home, you’ll likely have to navigate both an appraisal and a home inspection. Appraisals and inspections can tell you more about a home before you commit to purchasing it, and they’re two crucial steps you won’t want to skip. Need help understanding the buying process? Contact Linda […]
3 Reasons You Shouldn’t Use Zillow to Search for a Home
Key takeaways: For years, Zillow has been one of the most popular real estate sites for buyers, sellers, and daydreamers—but it might not be the most reliable option for serious house hunters. If you want to shop the hottest deals and see homes before they hit the market, it’s better to work with a local […]
Why 2020 Was a Great Year for Homeownership
Key points: Despite the financial instability of 2020, it was actually a great year for homeownership. Rock-bottom-low interest rates provided homeowners and buyers with a lot of fantastic real estate opportunities. Interest rates are still low, so if you’re thinking of making a move, now is the time! Contact Linda Craft & Team today to […]
Mortgages Made Easy: How to Choose the Right Home Loan
Key Takeaways: As mortgage rates continue hovering near historic lows, many potential buyers are eager to make a move—but it can be hard to know which type of loan is best. There are dozens of different mortgage options available today, and some even have low down payment or credit score requirements. This can help a […]
You May Already Have Enough Money Saved for a Down Payment!
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 […]
Buyer Beware: 6 Red Flags That Could Spell Trouble for Homebuyers
Picture this: you’ve found a seemingly perfect home in just the right Triangle neighborhood. It has every single one of your must-haves, plenty of space, and even all of the features you want. But on the tour, your agent spots a few big problems, like a crack in the foundation or signs of water damage. […]
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; […]
4 Tips to Ace Your First Home Purchase
If you ask a homeowner what it was like to buy their first home, they’ll probably mention a few things they’d change if they could do it all again. While it’s impossible to know everything about the home-buying process beforehand, you can still prepare yourself for what lies ahead—and figure out how to avoid some […]