Home Buying

What You Need to Know About Rural Housing Programs

Rural Housing Programs Defined According to the United States Department of Agriculture (USDA), Rural Development’s purpose is to provide, “Well built, affordable housing [that] is essential to the vitality of communities in rural America. Rural Development’s Single Family Housing Programs give families and individuals the opportunity to buy, build, or repair affordable homes located in […]

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The Small House Movement: Is Less Really More?

According to PropertyShark, over the past 100 years, homes in the United States are now 74% larger and personal living space went up 211%. On average, today, the typical U.S. home boasts around 2,430 square feet as opposed to that of our grandparents’ generation at around 957 square feet.   Whether your current home falls above

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What is Earnest Money?

Earnest Money Defined If the word “earnest” is defined as showing sincere and intense conviction, then “earnest money” can be considered the good faith deposit in a real estate transaction that shows a buyer’s sincere and intense conviction (interest) to purchase the home upon agreement of a signed contract.  Essentially, earnest money is a deposit

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What You Need to Know About Homeowners Associations

Just hearing the name, Homeowners Association (HOA) may conjure images of grown adults huddled together in folding chairs in the pool house, arguments ensuing, and that one neighbor on the board who has let a little too much power go to his head, rapping the wooden gavel trying to maintain order in the ranks over

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5 Tricks for Getting Your Offer Accepted in a Competitive Market

The housing market has gone through many changes as a result of the pandemic and its economic consequences. Seemingly gone are the days when home prices were reasonable and buyers had the luxury of taking their time to really weigh the pros and cons of a property and linger with their offer-making efforts.  These days

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Newlyweds: A Checklist for Buying Your First Home

Whether you are planning an upcoming wedding or have recently tied the knot, these are exciting times all around. Everything feels new from name changes and establishing new rhythms as a married couple, to learning the art of compromise and teamwork in most decision making.  One such area that will require the ultimate exhibition of

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What is Escrow?

Escrow Defined Escrow is a legal arrangement in which a third party temporarily holds money or property until a particular condition has been met (such as the fulfillment of a purchase agreement). Who Is Involved with Escrow? There is a litany of people who are involved when it comes to escrow. First, there is the

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