Stuck in the Renting Rut

If you’ve been renting an apartment for longer than you’ve had a Facebook, don’t worry—you’re not the only one. But if you’ve been teetering on the fence of buying or renting, going over the pros and cons, all whilst watching your friends settle into their own place, it might be time to say goodbye to the landlord.

It’s normal to be afraid to take the plunge into home-buying territory, but with the help of a great agent and a little research, you can determine if the time is right for you.

If you have a healthy savings account.
Perhaps the scariest part about buying a home is making the financial commitment, but if you’ve managed to save enough (and then some) to put a down payment of at least 10 percent, you should feel confident in your ability to make the purchase.

If you’re ready to commit.
Another common qualm about buying a home is the uncertainty of where you will be a year or two from now. However, if you have a steady job and are happy with the location, there’s really no reason for concern.

If the price is right.
An agent can help you determine whether or not the price you are looking to pay is reasonable for your specifications and needs in a home, but ultimately, if the market is favorable and you’ve found the right deal, there’s no better time than the present.

If you’re sick of pouring money into someone else’s pocket.
It sounds harsh, but if you’ve been renting for three, five, or even ten years, you have been spending thousands of dollars on something that doesn’t even truly belong to you when all is said and done. Sure, a mortgage is likely more than your current rent, but you’ll have a place to really call your own.

4 Reasons to Buy a Home During the Fall

Let’s face it, the fall market gets a bad rap. The majority of buyers assume that they’ll be unable to find a house that fits their needs during the fall—hence the mad rush during the summer. However, this couldn’t be further from the truth. Here are four reasons why a buyer should disregard the myths, and make a fall real estate purchase.

Star of the show  The realty market clears out as soon as the weather turns crisp. The majority of warm-weathered buyers have already found a home, meaning a fall buyer will have less competition for the available houses on the market that spark their interest.

Exhaustion is real
Countless showings and no offers makes for one tired seller.  After months of no action, lingering summertime sellers are more than ready to make a deal. This puts the buyer in a prime position to negotiate a price that more than fits their budget.

Home for the holidaysNot only are sellers tired after an unsuccessful summer, the holidays are looming. The majority are aware that if they want to be settled in time for the holiday season, they have to close quickly. Buyers can use this time crunch to their advantage.

Season of deals
After settling, furnishing the house is next on a buyer’s list. Fortunately, December proves to be an ideal time to purchase large ticket items. According to Consumer Reports, appliances like refrigerators, stoves, washers, and dryers are at their very cheapest. Buyers can also snag great deals on furniture and home decor during an end-of-year sale.

If you’re serious about moving, there’s no reason to wait until the spring. With just a little patience and persistence, you can be in your dream home before the start of the New Year!