Couples dream of buying a home together, leisurely enjoying a latte while dropping by open houses to look at remodeled kitchens and manicured backyards. Today’s market is quite different. Desirable homes are snapped up the moment they hit the market, often with multiple offers. Homebuyers in this ... » Learn More about Can You Let Your Partner Pick The House Alone?
First Time Homebuyers
Making a Winning Bid in a Seller’s Market
Buyers: it’s a seller’s market out there, which means you can expect some bidding wars coming your way. Here’s your very own survival list guide. Match the competing offer (or if you can, offer more). Limit or completely remove the contingencies on your offer. Already be pre-approved for a ... » Learn More about Making a Winning Bid in a Seller’s Market
How To Build Equity
As you’re buying/selling a home, you may hear the advice to build equity. But what does this mean? First, let’s go over the term equity. Equity is the difference between your property’s fair market value (FMV) and your outstanding balance on your mortgage. Home equity appreciates when you make ... » Learn More about How To Build Equity
Is it the Right Neighborhood for You?
Note: In Maryland, Realtors providing opinions on the performance of school districts and the quality of neighborhoods can cross into fair housing violations. For most people, the neighborhood is one of the most important factors to consider before buying a home — so how do you know if it’s the ... » Learn More about Is it the Right Neighborhood for You?
Competing in a Multiple Offers Market
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply, coupled with high buyer demand, means you should be prepared to navigate a highly competitive market where homes ... » Learn More about Competing in a Multiple Offers Market
