Posts made by author 'Greg Waite'
Subscribe and receive email notifications of new blog posts.
RSS Feed
Two Things You Should Strongly Consider Doing After Purchasing a Home
Two Things You Should Strongly Consider Doing After Purchasing a Home
Purchasing a home is one of life's most exciting milestones. You've worked hard, saved diligently, and finally unlocked the door to a place you can call your own. But what happens after the thrill of closing day? While decorating, unpacking, and settling in often take center stage, there are two crucial steps every homeowner should take to secure their future: setting up a living trust and obtaining a term life insurance policy.
Here's why these steps matter and how they can protect both your home and your loved ones.
1. Set Up a Living Trust and Transfer Your Home Into It
A living trust is a legal document that allows you to place your assets—including your home—in a trust while maintaining control of those assets during your lifetime. Once your home is in the trust, it bec...
Wondering How Much Cash You REALLY Need to Become a Homeowner?
Wondering How Much Cash You REALLY Need to Become a Homeowner?
For many aspiring homeowners, the biggest question is, "How much do I need to save to buy a home?" While the answer depends on various factors, breaking it down into clear components can help you plan your savings and make homeownership more achievable.
Here's a step-by-step guide to understanding the savings needed to confidently purchase a home priced at $420,000.
1. Minimum Down Payment The down payment is the first major savings milestone. Many buyers are pleasantly surprised to learn that you don't need a 20% down payment to buy a home. In fact, with many loan programs, you can get started with as little as 3% of the purchase price.
For a $420,000 home, 3% comes out to $12,600. This amount is your entry point into homeownership. However, if you can save more than the minimum, you'll benefit from small...
Buy now, pay later! Here's how you can get into a new home without a mortgage payment until 2025!
Buy now, pay later! Here's how you can get into a new home without a mortgage payment until 2025!
Did you know that buying a home in [YOUR CITY] right now could give you the perfect start to the holiday season? Picture this: You close on your dream home by mid-November, move in, settle down, and enjoy the holiday magic—all without worrying about your first mortgage payment until next year! That's right, if you close before mid-November, your first payment might not be due until January 1st.
Imagine ringing in the New Year in your new home, decorated for the season, and having one less bill on your mind. This opportunity could be just what you need to relax and fully embrace the holidays. Want to make it happen? Here's a step-by-step guide to help you navigate the process, so you can move into your new home before the new year rolls in.
November: The Time to Start
Thinking about Selling in the Off-Season? Here's what you need to know
Thinking about Selling in the Off-Season? Here's what you need to know
If you're thinking about selling your home, you might be waiting for the spring market. After all, isn't that when the magic happens? The sun is out, flowers are blooming, and it seems like everyone is out looking for their next home. But what if I told you that waiting for spring could actually mean missing out on some major perks? ?
That's right—listing your home in the off-season (anytime between fall and early February) could be a smart move that works in your favor. Here's why selling outside of the busy season might just give you the upper hand.
Less Competition, More Visibility
One of the biggest advantages of selling in the off-season is less competition. In spring, it can feel like every other house on the block is up for sale, and that makes it harder for your home to st...
The Off-Season Homebuying Hack That Saved Me $15,000
The real estate market can feel like a whirlwind, especially if you're trying to time your home purchase just right. You've likely heard that spring is the best time to buy a home—right? While it's true that many people list their homes during the warmer months, waiting for spring may actually cost you thousands more.
Let me share with you a little-known strategy that could save you a significant amount of money. In fact, I used this hack myself and managed to save $15,000 on my home purchase.
Don't Fall Into This Trap!
The common mistake most homebuyers make is waiting until spring or summer to start their house hunt. The logic is that more homes will be on the market, which is true. But here's the downside: everyone else has the same idea. By waiting until the traditional "peak" season, you're setting yourself up for more competition, higher prices, and potentially losing out on your dream home...
|
 |
