Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Oct. 12, 2020

Are People Fleeing Seattle?

Are we seeing a mass exodus from the city of Seattle? That's a really good question, and one on the top of a lot of people's minds. I turn to Seattle Pi, which recently write an article "Will Seattle See a Surge of People Leaving for the Suburbs? "We Asked the Experts." So it starts off making a couple points.

The first point is that inventory, or the supply in the housing market has been very low throughout the pandemic. If you watch our weekly market updates, you've seen that the number of new listings hovers around 700 to 900 per week. And the number of listings going pending or under contract are between 1,000 and 1200 and sometimes 1300. So there is very little supply in terms of what people can buy.

Now Matthew Gardener, Chief Economist, the chief economist at Windermere Real Estate was also quoted in the article, and he said we certainly haven't seen some mass exodus form Seattle. He does mention the inventory is low, and that the closer in to a city you are the more prices appreciate because of drops and things like that. He's also coming up with reasons he might be moving during this time, which I've also seen. And that includes things like they've been sitting at home for a very long time and they find things they wanna remodel. Or they've been sitting at home, and they figure out that they need more or bigger space. A couple of reasons why people are moving. But, that said, there's not a lot to buy inside Seattle, in the city. And so that makes it very hard and very competitive for buyers in our market.

Now another person who was quoted in the article is Jeff Tucker who's a Zillow economist. He said that in urban areas buyer demand and prices are holding up pretty well, including the core cities and major metros. He said there is an exception to this though, and that's Manhattan and San Francisco. So two major metropolitan cities that have seen a huge buildup of inventory in the city and not as much demand. So that's actually where we are seeing a little bit of an exodus. He does say that prices in Seattle, as well as the suburbs are appreciating. The suburbs are appreciating a little more quickly than the city of Seattle. And he specifically names Tacoma, Federal Way, Canton, Auburn as some places where the prices are appreciating.

Another reason that he brings up that home prices are not suffering in the city is that the trade off between renting and owning in Seattle is very similar because you can, if you have the funds to put a down payment down, buy something where your monthly payment is very similar to what you might pay in rent. And so it makes a little bit of sense. He said there haven't been any signs of large numbers of people leaving the city, and there's not much evidence of an exodus.

So, be careful what you read out there. It is interesting to see at this time that people are thinking that people will leave the city. That may not be exactly true according to the data. And home prices in Seattle are still increasing. So, if you have any questions about this, the market or anything else real estate related, don't hesitate to reach out. You can call, text or direct message me. And we'd love if you shared this video with a friend who might find it useful. And as always please subscribe to our YouTube channel. We'll catch you next week. Thanks for tuning in.

Posted in Home Buying, Misc
Oct. 5, 2020

What is Underwriting?

So this week we're talking about, what does underwriting mean? Does underwriting mean that you actually go under something? No, absolutely not. There's nothing to go under, rather there's a process that you go through, but underwriting is a term that refers to the process of someone looking at all of your financial situation in order to give you the home loan or the mortgage that you're applying for.

So while the appraisal, which we've talked about before, verifies the value of the home you're buying, the underwriting process is a person specifically dedicated to looking at your financial picture. So they're looking at your pay stub, your taxes, any W2s, they're looking at any money that you've transferred in and out of your bank account to determine how much money they can lend to you and what sort of risk you might be to a lender if they take on your mortgage, and provide you that mortgage loan for your home. And so with underwriting, it is a process by which someone is looking at your financial situation to verify that the bank can actually provide you this money. Sort of like when you apply for a credit card, they have to verify your assets and know how much money you can pay back to the credit card that you might use each month based on your income.

So the same thing is happening with an underwriter. They're loaning you hundreds of thousands of dollars typically, and so for that reason, someone is taking a very careful look at all of your assets and your financial situation. Now, how long does underwriting take? Well, underwriting is very unique to each person, just like the mortgage loan process. Each person has different qualities and attributes that make things different for their loan, and therefore the underwriting process can take different amounts of time for each person. Typically, underwriting is the final step for the loan process before the loan documents get delivered to escrow for your closing. So an underwriter is the final person who signs off on you obtaining that home mortgage or that home loan.

So there you have it. Underwriting is not going under anything. In fact, it's going through something, if you had to say one way or the other. So underwriting is that process of verifying your financial picture to make sure you can afford that home that you are purchasing and the loan they are giving to you. If you have any questions about underwriting, the loan process, or real estate in general, we'd love to answer them. You can call, text, direct message or email us any time, and we hope that you'll subscribe to this YouTube channel. We love having you follow along, and we'd love to see your comments if you find this useful, and then pass this along to anyone else you might think might find it useful. Have a great week, we will see you next week.

Posted in Home Buying
Sept. 28, 2020

Should You Buy New Construction?

Hey everyone, thanks for tuning in. If you haven't subscribed yet, we'd love to have you subscribe to our YouTube channel. You can click the little button and subscribe now and share this with a friend. So today we're talking all about what happens when you buy brand new construction. So a lotta people wonder, well, what happens when I buy brand new? Is it gonna stay new forever, what do I get to fix, those sorts of things. Well, here are a few tips and tricks for when you buy brand new construction.

So typically, when you buy brand new construction, you still can do an inspection on the home, but there is not an inspection contingency. Now, after your inspection, you create a punch list of items that you could request that the builder fixes for you before closing. Now these can be real issues or even just cosmetic issues that you want to be fixed. Most builders will fix all cosmetic issues, down to even scratches on paint and things like that. So you walk through with the builder and then you mark up all of these items that you want fixed and then they come through and fix them before closing.

Now typically, a builder will also provide a warranty on the home, so usually a warranty is about one year long. So after one year, you can request that any items that are not working or structurally not sound, they come back and replace. So for example, if you had a window leak during that first year, you could request that the builder replace the window at the end of the first year and they would come back in and replace that window, as long as it's covered by the warranty. So the warranty is a big important piece of new construction.

Now, new construction will not stay new forever. Obviously, homes get older, they change, they settle, things happen. So you do have to be aware that even though you are buying a new construction it is not going to be new forever and some new construction is created better than other new construction. So keep that in mind, as well. There are a variety of builders out there and a variety of different methods for constructing and quality and finish.

So there you have it. That's a little bit about new construction. You get to pick a brand new place. You get to make sure that it's perfect when you walk in. Typically, it has to be to code and that's why they fix those things, and then you get the warranty. So it's perfect for first-time buyers who want something that is low-maintenance and they won't have to do a lot and you can move right in. Stay tuned next week. We'll have another episode for you and don't hesitate to reach out if you have any questions about new construction or anything in your real estate life. We'd love to help you. You can talk, call, text, email, or direct message me. And thanks for subscribing. We hope you'll stay tuned for next week's episode.

Posted in Home Buying
Sept. 21, 2020

What is an iBuyer?

So what's an iBuyer? You might have heard of this and think maybe an iBuyer is something that you get on your iPhone or something like that, but actually it is not an app. it's not really technology at all. Really what an iBuyer is, is something new to the real estate industry. It is the term that has been used for companies like Zillow that are offering homeowners a price for their home that is discounted based on the quality and condition, and being able to purchase it right away. They are basically eliminating the real estate agents from the transaction and offering a discounted price for the property based on the condition and quality.

So for example, if you had a home and let's say it's in disrepair and you just really need to sell it, you need to get out. You're maybe moving, or you just maybe lost your job during COVID, or something like that, and you need to get out of the property, an iBuyer might be a great option, because they will offer you a price regardless of the condition and quality and they will then resell the home for you to someone else or take it on and potentially fix it up and flip it for their own profit.

Now the caveat to an iBuyer is that usually they are offering prices that are cash, but they're offering them at a deep discount. So sometimes they're offering them as low as 11 or 12% below what the market value might be. Now that's for a couple of reasons. If they are in disrepair, they're going to take into consideration those factors that may need to fix.

The second one is they're taking into consideration the real estate transaction fees. So you may need to get out, or you're going to net a little bit less money, because an iBuyer can come in and pay you all cash and get you out of the property but there is going to be a cost to that, usually to the tune of 11 to 12% below what the market value might be. So if the market value of your home is 500,000, but there are $20,000 in repairs, so now you're at about 480. Take off on top of that about eight to 9% for the real estate tax and real estate commissions. So you are looking at a lower price. But the benefit to an iBuyer is that you're actually getting out of the house quicker. So if you need to move, if you can no longer pay the bills, this can be a great option.

So who's doing this? Places like Zillow are now offering an iBuyer option in some cities where they will you an offer to get out of your home and take over. They'll pay you cash for the property and they will basically take over the property. They'll either have someone resell it or they may put in money to fix that up, and so it's sort of like a mass scale of home flippers. So they're finding properties that they can pay cash for, that they can either fix up or resell for a profit, and they are offering a lower price for those not quite market value. So it's not an app on your phone. It's actually not even really real estate technology. The only technological part of it is actually what they're offering you, and that's based on data and what they believe your home is worth and what it could sell for.

So that's what an iBuyer is, and you may have heard that in the real estate industry. Hopefully, this gives you a little more context. It's not an app on your phone, but you can surely try to search for it in the app store. I've never actually tried that, but you can see what's there. So that's what an iBuyer is. We hope you've loved this episode. And if you have any questions about what an iBuyer is or if it's right for you, don't hesitate to reach out. You can always call, text, and email, or slide into my DMs. And we'd love to have you subscribe to our YouTube channel. If you like episodes like this and like the channel, or if you know someone else who might know this channel, we'd love to have you pass it along and have them subscribe. Thanks for tuning in, and we'll see you again next week.

Posted in Home Selling
Sept. 14, 2020

What is Equity?


It is another week, and today we're talking about a little bit about equity, what is equity and how do you turn it into real money? So, to start off, a lot of people think that when they have equity in their home, they may already have that cash in hand, but that is actually not the case. Equity is sort of like having your money in the stock market, you're not able to access that equity until you sell your home. But equity is the difference in what your home is valued at or what it could sell at, versus what you owe back to the bank on your mortgage. So it's that difference in that amount, and that is the money that you would ideally net from the sale of your home.

So again, you can't access that equity until you actually sell the home, but it is money that you have tied into your home that your home is potentially worth if it were to sell, that you could then get back into your pocket once you sell that home successfully. So again, it's the difference between what you think the home could sell for, or what it actually sells for, and what you owe back to the bank on your mortgage. That gap is your equity in the home, so it's the amount of shares, if you will, of your home, that you own outright and that you will get to cash out when you sell your home successfully. So that's a little bit about what equity is and how to get that money back into your pocket when you're ready to make that move.

If you have any questions about equity or any other real estate terms, don't hesitate to reach out, we are here to help. Thanks for tuning in. Also be sure to like us on Facebook, follow us on Instagram, and subscribe to our YouTube channel. We would love to give you more content just like this. Have a great week.

Posted in Home Selling
Sept. 7, 2020

The Timeline to Sell Your Home

Hey there, thanks for tuning in. Today we're talking about how long does it take to get your home onto the market and get it for sale? So there are a lot of different factors that go into selling a home but generally what I like to tell my clients is it takes about two weeks from the time the home is completely ready to be staged and photographed to get it onto the market. Now, it really depends on what sort of marketing strategy you're going for when you sell your home. But with our robust marketing strategy, it takes about two weeks to get everything ready and into place properly before we can get your home listed for sale.

So what goes into that? Well, when I say that your home needs to be ready to go in the market, it needs to be in a condition and quality for us to come in and be able to stage the home if we're going to stage it, it needs to have already been painted if you're going to paint it, it needs to be in a condition where we can schedule the photographer to come in, the videographer to come in, to get all of our print marketing and digital marketing setup for the launch day. So it's really important that when you're thinking about selling your home, you contact your agent at one or two months before you actually want your home to be on the market, because it will take about two weeks from the time it's ready.

And you may wanna think about potentially moving out of the home before that, you may want to already have those stagers scheduled to come in and add the staging furniture but you wanna give it enough time so that the day that your listing goes live, you can really have everything in place to get it onto the market and make the biggest impact possible amongst all of the buyers who are looking so about two weeks. Now this can be done in as little as one week but that is really a rush. and you have to do some planning in terms of getting vendors into the home during that small window of time.

So one of the reasons that people choose to work with us is because we have a great network of vendors and we can get you into the house very quickly or we can get them into the house very quickly and make sure that everything is set to go. But it really two weeks is the ideal amount of time to get your home from the point where we can move everything in and schedule everyone to getting on the market.

Now, before that two weeks you wanna make sure you have it painted if you're going to paint, you want to have the stager scheduled. So really talk to your agent or reach out to us about one to two months before you want your home on the market. So if you're thinking about selling now's a great time there is a lot of demand in the market, and we'd love to help you. You can reach out to us and let us know if you have any questions or what you're thinking about and if you wanna know more about what homes are selling for in your neighborhood, and we'd be more than happy to help and develop a custom marketing strategy for you.

So thanks for tuning in, reach out to us. You can call, text or direct message us, and we hope that you'll subscribe to our YouTube channel. We hope you found this valuable, and if you'd like to share this with someone who's thinking about selling their home, we'd love for you to do so. Thanks for tuning in and we'll see you next week.

Posted in Home Selling
Aug. 31, 2020

The Top 5 Things You Need To Do on a Final Walkthrough


Hey there, thanks for tuning in, today I'm covering the top five things that you need to do before your final walkthrough to close on your home. Now, typically the final walkthrough is done up to three days before closing, and it's your last chance as a buyer to make sure that everything was completed to your satisfaction and that nothing is wrong with the home before you actually close on the home. So today I'm gonna talk through the top five things that you need to do during your final walkthrough of the home.

So, first and foremost is if you negotiated any repairs during the contract process and during your inspection, you wanna test and make sure that those repairs were completed to your satisfaction. So if you do wanna have your inspector back out to the property, you need to do that during those final three days during your final walkthrough, to make sure that those repairs were completed. Anything that you negotiated, that the seller complete should be done before those three days prior to closing, so that's the first thing.

The second thing you want to do is test all of the appliances in the home. So, we all know appliances can sometimes break depending on how old they are or how often they've been used, and so you wanna go through and make sure you test all of the appliances in the home and make sure those are still working before you actually close on the home.

Number three, you wanna test all of the lights in the home and light switches and make sure that those are still working. Oftentimes people will also test the outlets and make sure that nothing has been changed with the outlets and the days, and that those all still work, so you wanna go through and make sure to test all of the electricity, and make sure that everything is still working.

Number four, you wanna check for any leaks in the plumbing, so you wanna turn on all of the places where water might be available and make sure that there's no leaking happening, so open up the cabinets underneath the sink, make sure that there's nothing dripping onto those cabinets below the sink and make sure that there are no leaks that you can spot both inside and outside of the home.

And number five, you wanna test the hot water, so make sure to test the hot water, turn those sinks on while you have them on turn them to hot, make sure the water is getting warmer and that the water heater is still working. So those are the top five things you wanna test. Now if you have any other questions, now is a great time to get those answered by the seller right before you close. So you wanna make sure if you have any questions about anything in the home or anything that you might wanna know before you close, you wanna have those answered right before closing, so ask your agent to get those questions answered for you right before closing.

So there you have it, those are the top five things that you wanna test during your final walkthrough before you close. If you have any questions about walkthroughs or anything else related to real estate, we'd love to help, you can reach out to us, call, text, email, or direct message us, and we hope you will subscribe to our YouTube channel, we'd love to have you follow along and share this video with anyone who is about to do a final walkthrough or might find this helpful. Thanks for tuning in and we'll see you next week.

Posted in Home Buying
Aug. 17, 2020

Can I Make Money Owning a Condo?

So maybe you're wondering, should I keep renting or should I buy? And if I buy, how much money could I possibly expect to make. Now one warning with this video, I cannot claim that these numbers are going to be your experience but this is based on historical data of what we've seen in the Seattle market. And I'm gonna break this down into three examples for you, we're gonna talk about a five year ownership, a four year ownership and then a three year ownership. So based on what you might be looking at, I always recommend that you own for five or more years if possible but if you're only going to own for three years, this might be really helpful for you to, to give you some numbers to think about.

So let's start with the five-year example. So in June of 2015, the average price of a condo in Seattle was $373,931, in June of 2021, the average price of a condo in Seattle was $551,059. Now that is a gain over five years of $177,128. Now the cost to sell your home is approximately 9%, we're gonna put it on the higher end, it's typically eight to 9% but we're going to give a higher amount to sell a condo. So at $551,000, that would be approximately $49,595 to sell that condo. So your net gain over five years which is the equity that you've gained over the five years or minus the cost to sell is $127,532. So your net gain is what you would make over those five years. Now, I am estimating I have in front of me the actual sense here but I'm estimating, I'm rounding these off so that you get whole numbers so you can see.

Now for a four year condo example so in June of 2016, the average condo in Seattle was sold at $460,662. Now the average June 2020 condo price again, was $551,059. So the equity gain over four years was at $90,397. Now, when you take out the cost to sell 9% of that, that's approximately $49,595 same as the last one because the selling price would still be that 551,000 approximately. So your net gain over four years comes down and it is $40,801 over four years. So not quite as much as the $127,000, the year is fluctuate in terms of how much you can gain.

Now three year example and this is a good reason why you probably want own more than three years in June of 2017, the average condo price was $537,337 and in June of 2020, the average condo price again was $551,059. So that's only an equity gain of $13,722. Now, if you take the cost to sell 9% of that 551,000, that's about $49,595. So the net gain equity minus the cost to sell is actually negative in this case it's $35,873. Now, even though this is negative, keep in mind you have been paying your mortgage off for these three years and not paying rent. So your mortgage is probably going to be less than what you bought the condo for because you put a certain percentage down. So if you put even 5% down, then you're probably going to make a little bit of money on the sale and you will have not paid rent for those three years. So keep that in mind.

So there you have it, the best possible scenario is to own five or more years that the gain in what you make just continues to go up each year that you own but again, then the example for five years is $127,532 that you will make after the cost of selling is taken out. So keep that in mind when you're thinking about should you rent or should you buy, that's just a few numbers to give you a good example of what you can expect. Again, this is based on historical data, not future data, 'cause we don't have that so it is at your own risk but if you want to know more, don't hesitate to reach out to me. I can tell you these numbers for any specific neighborhood that you're looking in or thinking about, you can talk, call, text, email or direct message me and don't forget to subscribe to our YouTube channel and also follow us on social media. Thanks for tuning in, see you next week.

Posted in Home Buying
Aug. 10, 2020

Common Mistakes Home Sellers Make


Hey, there we are back with another Clouse Corner. And this week I'm telling you the top five common mistakes that sellers make when they list their homes for sale. So without further ado, if you're thinking about selling your home avoid these top five things.

Number one, sellers do not paint their walls. So if you're thinking about listing your home, home, when you're thinking about listing your home, one of the easiest and cheapest things you can do to have a really lasting impact and a greater ROI is to paint your walls. So if there's cheap paint, if there's scuffs on your baseboards, anything like that, those can immediately bring down the value or the perceived value of your home from buyers. So you need to make sure that you paint the walls and get it looking really fresh and really new and great.

Number two, this is a big mistake, not removing personal items. So when you as a seller leave personal items in your home and buyers are walking through your home, they cannot envision themselves living there because all of your stuff is still there. This is really important because part of the home buying process is these buyers being able to envision what their life would be like if they lived in this home. So please do not leave your personal photos, your personal belongings out. And if you have anything that could even slightly be offensive to a buyer, please put that away.

Number three, pricing your home too high. So I see this a lot where sellers come on the market, they're really afraid of not getting the price they want and so they tend to price their home too high. What happens when you price your home too high is that it will sit on the market. And the longer a home sits on the market, the more buyers think something is wrong with it, the less they want to go look at it. When they're thinking about a home that's been on the market 30 days and home that just came on the market last week, they're gonna go see the home that just came on the market last week over the one that's been on the market 30 days because it's new, exciting. And there probably is a lot of buzz around it unlike the home that's overpriced and been sitting on the market. So make sure you look at the comparables really thoroughly and have a discerning eye about what your home is actually worth, and there's a hint. It's not always worth what Zillow says it's worth.

Number four, not staging. Now this goes with de personalizing your home but this is also about making sure there's not clutter in your home. Staging furniture is there to help buyers envision their life in your home as the future owner but also to show off how the spaces can be used. This is more important than ever during COVID because buyers are looking for extra workspace from working from home and a home gym. So if you have those two things, you're immediately going to appeal to a lot more buyers than you would have before. This is what staging is for to help people envision themselves in your space and see the space you use to its full potential.

Last but not least, number five is sellers not being thorough. So as a seller, you really need to be thorough in understanding and knowing all of the details of your home. If you don't know when your roof was last replaced, buyers are going to be asking about that. If you don't know, if the electrical is updated, buyers are gonna know that, they're gonna know about the plumbing. So be as thorough as you can with knowing what's been done to your home, who it was done by and how much you spent on it, this will help you a lot and appealing to buyers because the more records they can see and the more they can understand about what you've done, the more perceived value they'll assign to your home. So try to be really thorough when you're listing your home.

There you have it sellers. If you're thinking about selling your home, these are five things to avoid. If you have any other questions or want to know a few other tips, don't hesitate to reach out, I'm always happy to help. You can call, text, email, or direct message me and as always, don't forget to subscribe to our YouTube channel and follow us on social media. I look forward to seeing you next week, have a great day.

Posted in Home Selling
Aug. 3, 2020

The Top 7 Mistakes Home Buyers Make

So this week we're talking a little bit about the top seven common mistakes that buyers make when they are purchasing a home. So without further ado, let's get right into it.

Number one, the first mistake that people make is they go shopping for a house without actually knowing their options for the mortgage. So when you go shopping you can't really shop unless you know your budget. And that's one thing that a lot of buyers make a mistake on is they don't talk to a mortgage lender or professional before they actually go out shopping. So when you don't do that, you don't really know how much you can spend or what your monthly payment will be which are two very important things that you need to know when you're out looking at houses. Because you don't want to fall in love with a house that you then cannot afford and similarly you don't wanna be housed for. So make sure that you talk to your mortgage lender first, before you start shopping for houses.

Number two also finance related, spending your maximum budget on a home. So when you're thinking about your budget for your purchase, you should really set a comfortable range where you can comfortably pay that monthly amount and you can do it for a really long time. So you wanna make sure that you're not spending your absolute maximum, you'll probably be approved for more than you might wanna spend and you don't actually wanna spend your maximum budget because that's gonna put you in a little bit of a bad place in terms of being able to save and also save for any home repairs or any maintenance items that come up. So you should always be budgeting with home ownership in mind and making sure that before you actually start paying a mortgage, you're putting aside as much money and you might be paying in a mortgage in addition to what you're already paying in rent or whatever you may be doing currently.

Number three, the third common mistake is actually very common and that's the thinking you need 20% down in order to purchase a home. That is absolutely not true. You can purchase a home with as little as 3% down and you have different options for what you can do. So this is again, back to the first point, why it's so important to talk to a mortgage lender is because you need to know your options and what's out there and how much money you have to have saved in order to put down a down payment on that very first home or that second home or whichever home it is for you.

Number four, again, cost related. Under estimating the cost that is required to own a home. So as a homeowner, you are now responsible for the structure of the home and all of the systems within it. Which means you do need to have savings and you need to have a budget in mind for any repairs that you might wanna do on the property. If there is suddenly a leak in the roof, you need to have some money set aside so that you can take care of that leak and make that you are still financially solve it and that you have some flexibility in terms of your budget. So don't underestimate that even if you buy a brand new house that there will never be costs. Even the cost of blinds can sometimes be surprising to people, so keep that in mind.

Number five, this is a really common mistake, not seeking the advice of a professional. Now I'm biased because I'm a real estate agent, but you really should have a professional on your side as a buyer. It's super important. The seller is paying for your buyers agents commission and so it's not really a cost to you and you should really have someone advocating for you and helping you through the process who knows and understands what's going on in the market and how to save you money. Oftentimes, a buyer's agent can actually save you a lot more money than someone else who's willing to give you a discount or who doesn't really know what they're doing. So make sure you're seeking out an experienced professional.

Number six, not being able to see the house beyond its cosmetic appearances. So there are homes out there, this is how people make money on their own. Is they find a home that maybe doesn't look as desirable to everyone else and they put some love and care into that home and make it really stand out. So when you're out shopping, just be aware that it doesn't have to always be picture perfect. There are things you can do like painting or perhaps putting in new floors or doing some gardening. So if you can't see the home just the way you want it right now, it could be worth having a little bit of imagination and not just looking at the home on a first pass.

And last but not least number seven. Now this can be a really hard one, but not allowing your emotions to take over in the home buying process. So as a buyer, you can and become very emotional, it's a super exciting time and you get to see a lot of cool homes and imagine your life in those home. But what do you need to remember is that this is also a business decision for yourself and for your future. So you wanna make sure you're investing wisely. Again, having a great professional by your side, understanding the numbers are both really important to making this a smart decision for yourself and thinking about how long you can hold on to this major asset that you're buying to really make a great financial decision for yourself. So don't let your emotions take over too much.

There you have it. Those are seven common mistakes that we see buyers make and that you can hopefully avoid. Now, if you have any questions about this or anything else related to home buying or selling, we'd love to help. So don't hesitate to reach out, send us a message, email us, call us, text us. And if you found this useful and you know someone else who might find it useful, we would absolutely love you to send it on to them. Thanks so much for tuning in, will see you next week.

Posted in Home Buying