Real Estate

Five Things To Look For When Purchasing The Next Home

Purchasing a "Dream Home" is a life goal that practically everyone has on their wish list. We all want a home that feels like it was designed specifically for us. However, unlike any other real estate purchase, looking for your dream home has its own set of issues. You will want to look for a property that will keep you and your family happy for the long haul, as you will most likely be staying in it for...

10 Lake Wallenpaupack Homes: Find the Home of Your Dreams

Have you finally decided to buy a lake house but have been all over the place (the country even) looking for the right one? Look no further because Wallenpaupack Realty is here to help you find your dream lakefront home.  Why choose Lake Wallenpaupack, Pennsylvania? The real estate market of Lake Wallenpaupack is the largest lake property marketplace in Pennsylvania. You will have various property...

The summer 2021 season for buyers

To buy or to sell? The summer forecast for Lakefront homes in PA From the historically low mortgage interest rates throughout the pandemic year in 2020, rates remained low going into 2021 - as low as 2.65% in January of this year. Even as coronavirus fears and restrictions ease and vaccination numbers rise, homebuyers can still enjoy extremely low-interest rates of around 3%. In fact, Real Trends stated...

For Sale By Owner – A Good Idea?

FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission. 6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home...

Finding the Right Seller

The best seller is one who is highly motivated. A highly motivated seller is more likely to sell at a lower price than his or her house is actually worth. And it matters that you find out why. Learning why can help you get the price you want and help the seller get what they want: a timely sale. When allowed to meet with sellers, ask them why they are selling. The reason could be anything, such as a job...

Getting a Legitimate Lender and Getting Pre-Approved

It used to be that buyers could go house shopping, and when they have found their dream home, they go to get pre-approved. However, in today’s market, that has proven to be one of the least effective methods in landing the dream home. Most lenders can pre-qualify you for a mortgage over the phone. Based on general questions about your income, debt, assets, and credit history, lenders can estimate how...

How To Avoid Financial Stress When Purchasing A Home

By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money. It is still true that the better qualifications you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it's the interest rates or the down...

Importance of an Inspection

As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tells you. A professional home inspection is something you MUST do, whether you are buying an existing home or a new one. An inspection is an opportunity to have an expert look closely at the property you are considering purchasing and getting both...

Is Buying a Home Still a Smart Plan?

With the burst of the housing bubble, credit crisis, and millions of foreclosures across the country, you may wonder if buying a home is such a good idea after all. However, it’s important to consider all of the facts. The important message to take away from these events is not that buying a home is a bad idea, but that you must be smart about buying your home. The housing market, like every type of...

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