Home Buyer Tips

Being a homebuyer in today's market is daunting. We've provided some homebuyer tips to help you wisely navigate each step in the buying process. You'll have the information you need to make smart decisions and avoid costly mistakes.

Home Buyer Tips What is FIRPTA Certification? A complete overview on why you need to know about it…   If you are purchasing property from a non-US individual or entity, you may be required to withhold taxes under the Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”), 26 U.S.C. 1445 (unless one of the exceptions in the Act applies). The […]
Home Buyer Tips Thinking About Buying a Second or Vacation Home? Here are a few tips to make sure it’s worthwhile… These days, having your own home away from home is a compelling concept. There are many clear benefits including being able to use your home how you wish, decorate to your taste, and include your furry friends in your time away. There are also challenges […]
Home Buyer Tips Should I Be a Homebuyer in this Market? Fourteen offers, all contingencies waived, earnest money deposit released to seller on offer acceptance. This is the norm rather than the exception in our current market. Sound crazy? It is! And we’ve been here before. Today’s buyers are likely paying considerably above market values to “win” the war and snag a house that they can […]
Home Buyer Tips What You Need to Know about the Washington State Seller Property Disclosure – Form 17 Washington State requires sellers of residential real property to thoroughly disclose material facts on a form called the Residential Real Property Disclosure Statement (often referred to as Form 17). Unless the buyer has expressly waived their rights, the seller must deliver this completed disclosure with 5 days after mutual acceptance.  The buyer then has a […]
Home Buyer Tips Due Diligence Pays Off Big Time When Buying a Condo When you buy a condo, you are also buying into its community. You get the benefit of its many amenities, along with the restrictions of its rules, and financial responsibility for its upkeep. Most condominiums offer community features such as pools, exercise rooms, media centers, and entertaining spaces that many people could not comfortably afford […]
Home Buyer Tips Assessing the Real Cost of a Fixer It can be very compelling to find a home in a neighborhood you like that is bargain priced. But how do you know if it will be a good investment? The only certainty in a fixer project is that there will be a substantial amount of uncertainty and risk. There can be significant rewards too, […]
Home Buyer Tips Should I Rent or Buy a Home? It’s important to remember that the purchase or rental of a home is a lifestyle choice as much as it is an investment. It is not just a commodity to negotiate, but also the place you’ll come home to each day and make your own. Yes, it is important to buy wisely and stay within […]
Home Buyer Tips Flip or Flop? Is That Gorgeous Makeover All It’s Cracked Up to Be? It seems like the perfect combo of fantastic location and newly renovated home. But is it really? The concept of renovating a tired home for profit (flipping) is a business model that is often naturally averse to the future buyer’s interests. The lower the costs, the higher the profit. And, the lower the costs, the […]
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