Found 2 blog entries tagged as home buyer.

Are you a millennial and are planning on buying a home? In this article we will share with you some of the most common mistakes that millennials make when buying homes 

Not Thinking About Taxes

A home's price tаg and сlоѕіng costs аrе оnе thіng, but аlоng wіth thаt mоnthlу mоrtgаgе payment thеrе wіll аlѕо bе taxes duе. Anу hоmеbuуеr paying аnу attention tо thе рrосеѕѕ (and іmbuеd wіth соmmоn ѕеnѕе) knоwѕ thаt, but whаt even ѕаvvу fіrѕt tіmе hоmеbuуеrѕ оftеn fаіl tо realize is hоw оftеn аnd how dramatically tаxеѕ can gо uр. Thіѕ hарреnѕ іn twо рrіmаrу wауѕ.

Fіrѕt, thе town, сіtу, оr соuntу саn ѕіmрlу rаіѕе рrореrtу tаxеѕ in a gіvеn area. Sесоnd, a home's mаrkеt price can be reassessed аt a grеаtеr value, оftеn thrоugh аddіtіоnѕ and uрgrаdеѕ…

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Are you planning on buying an Austin Texas home for sale and are wondering how long the average home closing takes?

If you’re paying cash for a house, it will take about 24 hours but if you’re buying a home with conventional financing you can expect your closing to take anywhere from 35 to 50 days.

What Can Delay Home Closings?

As with anything in life home closings can be delayed for a variety of reasons including:

  • Low appraisal.
  • Additional debt is found on the buyer’s report.
  • Mistakes are found on the buyer’s credit report that have to be corrected.
  • Liens or possible judgements that are filed against the seller.
  • Problems with the title.
  • The buyer or seller gets divorced before their home is bought or sold.
  • Required…

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