As a rule, we find what we look for; we

As a rule, we find what we look for; we achieve what we get ready for.
James Cash Penney
#rule #get ready #achieve #quote #motivation


Sharing Closing Costs

After signing the paperwork to sell their home, sellers usually subtract their loan and commission from the sales price and figures that’s how much they will get. Few sellers give much thought to closing costs. But they are an important and usually unavoidable part of the transaction.

Closing costs refer to all of the taxes, fees and costs required to close a real estate transaction. Who pays what in closing costs not only varies from state to state but can also differ within a state.

Ask your agent for the traditional breakdown of what you are expected to pay in closing costs and what portion the buyer pays when you list your home. You’ll want this information handy when you consider an offer so you can calculate your net proceeds.


Written By: Rick Hazeltine. If you would like to continue reading, click here.

Rent Vs. Buy: Six Questions Newlyweds Need to Ask

Love and marriage and then home ownership? The newlywed year is full of milestones including, of course, your first married home together. In many ways, home ownership is still the great American dream and we live in a culture that places a high value on owning a home. It is often a natural step many couples take after tying the knot, but choosing whether to rent or buy is an important decision that needs to be made together. There are some major lifestyle factors that impact that choice.

When you are ready to have a serious conversation about your future home, set up a date with each other either at home or in a place where you can talk quietly and at length. Turn off your phones and other distractions so that you can truly focus. The six questions below are conversation starters to help you evaluate whether or not now is the right time for you to look at buying a home.

1) Where do we see ourselves in the next five years? If you are planning to move to another state, graduate from school, or change careers soon then you may want to rent for a time to give yourself flexibility when the time comes to make a move. Buying a home and keeping it until it appreciates in value is a way to increase your personal wealth but having to sell a home quickly can result in decisions that could cost you money in the short term.

Written By: Deidre Woollard . If you would like to continue reading, click here.