When looking at homes for sale, buyers are likely to hear the term “fixer-upper.” While they may have a general idea of what that means, they might be less clear about how that house might differ from one described as “needing some TLC” or one that is advertised as “perfect for flipping.”
Humans have a hard time dealing with change, so it’s not a surprise that relocating to a new home can be anxiety-inducing. That upheaval is one reason why selling a house can be stressful. The other big factor is not having any control over the outcome.
You planned to put your house on the market in June or July. Suddenly, it’s October and you’ve missed that traditional spring/summer window. As the days turn cooler, homeowners might wonder if selling a home in winter is really harder, or if that’s just a myth.
Livable, affordable, and friendly are some of the adjectives you want to hear when you’re in the market for a home. All of these are used when describing St. Louis and its surrounding communities. We’re biased, but we think it’s the city for the next century! Read our recent article and we think you’ll agree.
Moving to a new home doesn’t always mean selling the old one. Homeowners could choose to keep it as a rental property. How to decide between selling a home vs. renting it out will be different for everyone. It boils down to three main topics: the homeowner’s goals, their financial situation, and whether or not they are “cut out” to be a landlord.
The time has come. You’re tired of paying rent and ready to take the big step of buying a home of your own. You may be wondering what the best type of home for a first-time buyer is. It’s impossible for us to know whether you should go for the sleek modern city condo or opt for the cute suburban bungalow. What’s best will depend on an individual’s region, tastes, income, lifestyle, and more.
It’s not news that buying a house is a big financial investment. But many first-time buyers wonder if buying a home is worth it. They wonder how long it will take before breaking even compared to renting. The St. Louis region actually has one of the shortest break-even times in the country.
It’s best to be completely sure about selling before taking the plunge to put a house on the market—obviously. And while it doesn’t happen often, a seller sometimes wants out of an agreement. Deciding to keep a home is not a decision that should be taken lightly.
Taking on a mortgage, especially as a first-time homebuyer, can be intimidating. Finding out that it can lower your credit score can be downright stressful. It’s a bit of a “Catch 22”: You need good credit to buy a house, but buying a house lowers your credit.
If you live in an older home (and there are many of them in St. Louis) it might have knob and tube wiring. Knob and tube (or K&T) was the standard method of electrical wiring when electricity was first used in homes in the 1880s. New innovations in cable and wire came along in the 1920s, but K&T was still common up until the 1950s when more modern methods took over.