If you’re thinking about helping your son or daughter purchase their first home, you are not alone. Many parents, just like you, help their kids make the jump from living at home to owning one. According to the National Association of REALTORS®, 23 percent, or nearly one in four, of those 37 years old or younger used a gift from their parents to buy their first home, and 6 percent relied on a loan Continue Reading
Should I Buy or Should I Build? Pros & Cons
You want a new home…or at least one that's new to you. Should you buy or build? Both have their pluses and minuses. How do you decide which avenue to take? That depends on the time frame you have to make a move, where you want to live, and how much personal customization you want in your new (or new-to-you) home. According to the U.S. Census Bureau, the median price for an existing home in the Continue Reading
Keep or Sell Your Vacation Home?
Recently, we’ve had the opportunity to help a few clients sell their vacation homes – mostly condos along our beautiful Gulf coast beaches. It wasn’t that they no longer wished to vacation at their favorite beach community, but they were visiting less frequently, and the cost to benefit no longer balanced out. Like these sellers, many homeowners are observing how the market is changing and Continue Reading
HECM: A Beneficial Real Estate Investment Option for Boomers
Baby Boomers joyously easing into retirement who also are planning their next home purchase have an incredible investment resource available to them that will save them a great deal of cash. Unfortunately, it’s a resource most aging adults don’t know about, and some who do are skeptical to take advantage of it. Likewise, one of our Buyers didn’t know anything about this resource, but she took Continue Reading
Five Easy Steps for Getting Your Home Ready for Sale
So, you’re ready to sell your home. Whether it’s your first or your fifth sale, it can seem like a daunting task. At Personal Realty Advisers, we’ve helped hundreds of people like you sell their home over the past 30 years, and we offer these proven tips to make sure you get the most for your investment with the least amount of frustration or disappointment. Step 1. Hire the Right Real Estate Continue Reading
Buyer’s Guide: How to Plan NOW for a Seamless Real Estate Closing
In today’s super-competitive real estate market, buyers need to prepare to be as competitive as possible. Getting all your ducks in a row in advance so you can offer a quick closing with acceptable terms is a great way to do just that. Time spent tracking down financials, and other documents can be a costly financial mistake made during your home’s offer period that can add time and frustration to Continue Reading
What Does a Dream Home Look Like in Retirement? Advice From Your Real Estate Brokerage
You’ve made it! You’re retiring and finally ready to move and find your own slice of retirement real estate. At Personal Realty Advisers, we’re fortunate to work with many retirees: individuals and couples who are making a major life change—often looking to trade an old home for a new one. One would think that working with “retirees” would be easy—a one-size-fits-all approach—but our 60+ Continue Reading
Cash Real Estate Sales Are Skyrocketing: Should You Consider Paying Cash For Your Next Home?
To say that today’s current real estate market is wild is an understatement. Homes are being sold as soon as they go on the market, often for cash and often above the asking price. This is especially true in the vacation real estate and retirement real estate markets. But why have cash sales boomed in our current market? Even if you have the cash available to purchase a home, is it prudent to Continue Reading
Should I Buy Now or Wait: Advice from a Tampa Bay Real Estate Broker
We’ve heard from several clients and friends recently who said they are going to wait to buy their next (or first) Tampa Bay home. They have seen or heard recent news headlines that predict a cooled down market with better opportunities for buyers. Frustrated with the current market and being outbid several times, they are postponing their real estate dreams and resigning themselves Continue Reading
