What to Know Before Buying a Home for Someone Else
Have you ever considered buying a home for someone else? Maybe you’d like to give a head start to an adult child, take care of an elderly parent, or help out someone with bad credit or who is simply having a hard time financially. It’s a noble idea and it can be done. But there are things you need to know so your generosity doesn’t end up costing you more than you expected.
What it Means to Sell a House As-Is
There’s plenty of advice online on how to sell a home fast. Our post 20 Creative Ways to Sell Your Home in Under a Month is a good example. But some sellers are in too much of a hurry to try those tips or don’t want to go to the trouble. They might be contemplating selling a house “as-is.”
Where to Live Near St. Louis, MO
Figuring out where to live near St. Louis, MO can be a little overwhelming, especially for people relocating to the area who may not be familiar with all the different parts of the city, county, and surrounding areas. (And even for those who do live here, there are a lot of outdated views and myths that too often color people’s perceptions of certain areas...)
Selling a Home vs. Renting it Out: The Case for Both
Moving to a new home doesn’t always mean selling the old one. Homeowners could choose to keep it as a rental property. How to decide between selling a home vs. renting it out will be different for everyone. It boils down to three main topics: the homeowner’s goals, their financial situation, and whether or not they are “cut out” to be a landlord.
What Are the Best Types of Homes for a First-Time Home Buyer? Finding What’s Right for You
The time has come. You’re tired of paying rent and ready to take the big step of buying a home of your own. You may be wondering what the best type of home for a first-time buyer is. It’s impossible for us to know whether you should go for the sleek modern city condo or opt for the cute suburban bungalow. What’s best will depend on an individual’s region, tastes, income, lifestyle, and more.
Things to Consider When Buying or Selling a Home With Solar Panels
Residential homes with solar panels are becoming more commonplace than they were even just a few years ago. Companies that sell panels are popping up across the country, and homeowners who want a greener, cheaper alternative to traditional power sources are having them installed. Buying or selling a home with solar panels can be a little more complicated than a routine sale. There are some things to consider on both sides of the transaction.
Buyer, Seller, or Both—Who Pays the Closing Costs?
Preparing to sell a home can be expensive: Preparing a home to go on the market comes with the cost of repairs, updates, cleaning and staging. And of course buying one is a huge investment, too; buyers not only need to come up with a downpayment, but have to think about the cost of loan application fees and inspections.
Everything You Need to Know About Buying a Foreclosed Home
People in search of real estate bargains may find themselves considering foreclosures. Foreclosed homes have been seized by a lending bank after a homeowner has defaulted on their mortgage. Although not as common as during the real estate crisis of 2008, foreclosures still happen all over the country.
What to Fix Before Selling a Home in St. Louis
Even when a home is well-maintained, there is always a list of things to do before putting it on the market. Most houses need a good cleaning and de-cluttering. Some might need major repairs.
Is Buying a Home Worth It? What You Need to Consider
It’s not news that buying a house is a big financial investment. But many first-time buyers wonder if buying a home is worth it. They wonder how long it will take before breaking even compared to renting. The St. Louis region actually has one of the shortest break-even times in the country.
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