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Real Estate - Home » Home Buyer Tips » Page 2

Articles about Home Buyer Tips

There is a lot to know when you are buying a home. Whether you are a first-time homebuyer or a seasoned veteran, we have loads of tips for you.

Scroll down the page to find articles that interest you. Of course, if you have any questions, we are happy to help, just ask!

How to Become a Homeowner on a First-Time Buyer’s Budget

May 11, 2023 By Libby Guthrie Leave a Comment

How to Become a Homeowner on a First-Time Buyer’s Budget

It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers […]

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Filed Under: Home Buyers Tagged With: California Real Estate, First-Time Home Buyers, Home Buyer Tips

BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)

March 24, 2023 By Libby Guthrie Leave a Comment

BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)

The recent collapse of Silicon Valley and Signature banks sent shockwaves through the financial sector, causing a ripple effect through the economy. While the situation has been challenging, there’s also been a silver lining in real estate: Mortgage rates are down. Read on for a summary of the situation, as well as what it means […]

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Filed Under: Financing Tagged With: California Real Estate, Home Buyer Tips, Home Seller Tips, Homeowner Tips

5 Questions to Ask Before Purchasing Your First Home

October 17, 2022 By Libby Guthrie Leave a Comment

5 Questions to Answer Before Purchasing Your First Home

Buy Now or Rent Longer? Should you buy a home now, or should you continue to rent an apartment or house? Let’s go over some considerations before you decide. Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s […]

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Filed Under: Home Buyers Tagged With: California Real Estate, First-Time Home Buyers, Home Buyer Tips

8 Strategies to Secure a Lower Mortgage Rate

September 19, 2022 By Libby Guthrie Leave a Comment

8 Strategies to Secure a Lower Mortgage Rate

Securing a Lower Mortgage Rate can save you thousands of dollars over the life of your home loan. Here are 8 simple ways to do so. Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes […]

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Filed Under: Financing Tagged With: California Real Estate, Credit, Home Buyer Tips

10 Pro Tips for a Smooth Home Move

August 15, 2022 By Libby Guthrie Leave a Comment

10 Pro Tips for a Smooth Home Move

The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. Fortunately, you don’t have to do everything in […]

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Filed Under: Real Estate Tagged With: Home Buyer Tips, Home Seller Tips, Homeowner Tips

Higher Rates and Short Supply – The State of Real Estate in 2022

June 20, 2022 By Libby Guthrie Leave a Comment

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring […]

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Filed Under: Real Estate Tagged With: Home Buyer Tips, Homeowner Tips, Real Estate Market

5 Ways to Write a Winning Offer in Today’s Real Estate Market

May 11, 2022 By Libby Guthrie Leave a Comment

Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1 Fortunately, if you’re a […]

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Filed Under: Real Estate Tagged With: California Real Estate, Home Buyer Tips, Home Buying Tips

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

Scenario time! You're house hunting and find two o Scenario time! You're house hunting and find two options:⁣
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🛠 Option A: Fixer-upper in a prime location (great schools, walkable area, close to work)⁣
🚙 Option B: Move-in ready home that's further out (longer commute, but everything's already perfect)⁣
⁣
Pro tip: Consider your lifestyle and timeline. Are you handy and have time for projects? Or do you need to focus on work/family without renovation stress? Also factor in commute costs and time – sometimes that "cheaper" home further out costs more in the long run.⁣
⁣
There's no wrong answer here – it all depends on your priorities, budget, and long-term goals!⁣
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Let us know in the comments which option you'd choose and why! 👇⁣
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