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Financial Fundamentals for Homebuyers [INFOGRAPHIC]

Financial Fundamentals for Homebuyers [INFOGRAPHIC] | Simplifying The Market

Financial Fundamentals for Homebuyers [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses.
  • From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning.
  • Let’s connect today to make sure you have an introduction to a trusted lender and the best possible real estate guidance as you begin your homebuying process.


Source: KMC

Posted in: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics Tagged: Real Estate

© Margo Borkin Real Estate 2010

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« Frequently Asked Friday: Are Appliances Included In My Home Purchase?
Why Moving May Be Just the Boost You Need »
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Margo Borkin Real Estate
4 hours ago
Margo Borkin Real Estate
Planning to sell soon? Hit a HOME run as as a seller by avoiding these seller strikeouts. ⁣
⁣
• Don’t take low offers personally. ⁣
• Don’t overprice your home "just to see" if anyone will bite".
• Don't underestimate the importance of listing photos.⁣
• Don't hide major issues from your agent.⁣
• Don’t hang around during showings or leave pets roaming around.⁣
• Don’t hide your thoughts from your agent.⁣
⁣
Selling a home is incredibly exciting and sometimes stressful. Hiring an agent to guide you through the entire process is the right choice if you want to actually ENJOY selling your home.⁣
⁣
Was this info helpful? Tag someone who needs to see this!⁣

#oaklandcountymichigan #oaklandcountyrealestate #oaklandcountymi #oaklandcounty
... See MoreSee Less
Planning to sell soon? Hit a HOME run as as a seller by avoiding these seller strikeouts. ⁣
⁣
• Don’t take low offers personally. ⁣
• Don’t overprice your home just to see if anyone will bite.
• Dont underestimate the importance of listing photos.⁣
• Dont hide major issues from your agent.⁣
• Don’t hang around during showings or leave pets roaming around.⁣
• Don’t hide your thoughts from your agent.⁣
⁣
Selling a home is incredibly exciting and sometimes stressful. Hiring an agent to guide you through the entire process is the right choice if you want to actually ENJOY selling your home.⁣
⁣
Was this info helpful? Tag someone who needs to see this!⁣

#oaklandcountymichigan #oaklandcountyrealestate #oaklandcountymi #oaklandcounty
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Margo Borkin Real Estate
2 days ago
Margo Borkin Real Estate
It's the question every homeowner asks at one point or another: Should I sell or should I remodel? Here are a few questions to ask as you make the king-size decision.⁣
⁣
First up, Team Remodeling: ⁣
• Do I love my current home's location? ⁣
• Do I have space (inside and out) for an addition?⁣
• Will remodeling address my biggest concerns about my home? ⁣
• Do I have a place to temporarily move during the remodel (or the patience of a saint to live in an "under construction" house)?⁣
A YES to most of the above means remodeling is probably in your future.⁣
⁣
Next up, Team Time-to-Move:⁣
• Do you anticipate needing more space than a remodel can provide in the next 5 years? (more bedrooms, bathrooms, etc.)⁣
• Will remodeling put your home above neighborhood value?⁣
• Would you prefer a home that's closer to your everyday places (work, school, shopping) or do you desire a different school district or a larger lot?⁣

Resonate with these questions? Find a realtor and at the very least, take a look at what's on the market. Sometimes moving in one direction is just what you need to clarify your thinking.⁣
⁣
Whether you're leaning towards remodeling or moving, send me a message. I'd love to do a quick analysis on your neighborhood and give you the stats you need to go along with your intuition!

#oaklandcountymichigan #oaklandcountyrealestate #oaklandcountymi #oaklandcounty
#realestateexperts⁠
#iloverealestate⁠
#realestatexpert⁠
#realtorslife⁠
#realestateforsale⁠
#sellinghouses⁠
#realestateagent⁠
#realtorsofinstagram⁠
#realtorsofig⁠
#realestatelife⁠
#realtorsofinsta⁠
#instarealestate⁠
#realtorstyle⁠
#realestateblogger⁠
#realestateblog
... See MoreSee Less
Its the question every homeowner asks at one point or another: Should I sell or should I remodel? Here are a few questions to ask as you make the king-size decision.⁣
⁣
First up, Team Remodeling: ⁣
• Do I love my current homes location? ⁣
• Do I have space (inside and out) for an addition?⁣
• Will remodeling address my biggest concerns about my home? ⁣
• Do I have a place to temporarily move during the remodel (or the patience of a saint to live in an under construction house)?⁣
A YES to most of the above means remodeling is probably in your future.⁣
⁣
Next up, Team Time-to-Move:⁣
• Do you anticipate needing more space than a remodel can provide in the next 5 years? (more bedrooms, bathrooms, etc.)⁣
• Will remodeling put your home above neighborhood value?⁣
• Would you prefer a home thats closer to your everyday places (work, school, shopping) or do you desire a different school district or a larger lot?⁣

Resonate with these questions? Find a realtor and at the very least, take a look at whats on the market. Sometimes moving in one direction is just what you need to clarify your thinking.⁣
⁣
Whether youre leaning towards remodeling or moving, send me a message. Id love to do a quick analysis on your neighborhood and give you the stats you need to go along with your intuition!  

#oaklandcountymichigan #oaklandcountyrealestate #oaklandcountymi #oaklandcounty
#realestateexperts⁠
#iloverealestate⁠
#realestatexpert⁠
#realtorslife⁠
#realestateforsale⁠
#sellinghouses⁠
#realestateagent⁠
#realtorsofinstagram⁠
#realtorsofig⁠
#realestatelife⁠
#realtorsofinsta⁠
#instarealestate⁠
#realtorstyle⁠
#realestateblogger⁠
#realestateblog
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Margo Borkin Real Estate
3 days ago
Margo Borkin Real Estate
Our next FAF (Frequently Asked Friday) is often a source of confusion when buying a home. Let me clear it up once and for all!⁣
⁣
Q: Can you show me any house on the market or only the ones you have listed?⁣
⁣
A: Any licensed real estate agent (that’s me!) can show any home that’s listed for sale in the Multiple Listing Service (MLS)—not just the ones they have listed. ⁣We can also arrange showings with for sale by owner properties, and even "pocket listings" that may not be fully on the market yet.
⁣
So while you’ll see an agent’s name and brokerage firm on the listing, that agent isn’t the only one who can show the home. (In fact, it’s advantageous NOT to use the listing agent. As a buyer, you need a dedicated advocate all your own. Not one already looking out for the seller.)⁣
⁣
See a home you like and want to schedule a showing? Stop thinking about it and get inside it—send me a message and let’s go check it out!⁣
... See MoreSee Less
Our next FAF (Frequently Asked Friday) is often a source of confusion when buying a home. Let me clear it up once and for all!⁣
 ⁣
Q: Can you show me any house on the market or only the ones you have listed?⁣
 ⁣
A: Any licensed real estate agent (that’s me!) can show any home that’s listed for sale in the Multiple Listing Service (MLS)—not just the ones they have listed. ⁣We can also arrange showings with for sale by owner properties, and even pocket listings that may not be fully on the market yet. 
 ⁣
So while you’ll see an agent’s name and brokerage firm on the listing, that agent isn’t the only one who can show the home. (In fact, it’s advantageous NOT to use the listing agent. As a buyer, you need a dedicated advocate all your own. Not one already looking out for the seller.)⁣
 ⁣
See a home you like and want to schedule a showing? Stop thinking about it and get inside it—send me a message and let’s go check it out!⁣
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· Share
Share on Facebook Share on Twitter Share on Linked In Share by Email
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