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July
25

Down Payment Amounts - Buy a Home - Haring Realty

When looking for Mansfield or Ashland homes for sale, many buyers feel intimidated by the idea of the down payment. As in other kinds of loans, the down payment is the cash amount you'll "put down" to secure the transaction and get the financing you need.

Our REALTORS® know this is a potentially confusing issue. Advice about down payments has changed in recent years. Whenever the housing market takes a big swing, it's important to double-check all of your assumptions. A qualified real estate agent is the best person to ask.

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June
13

Downsizing Tips - Buy a Home - Haring Realty

Aging brings many changes in lifestyle and personal needs that can have a significant impact on finances. While some seniors choose to remain in their homes and age in place, others choose to downsize and move to smaller homes. If you're considering a move, our REALTORS® have some tips to make downsizing to a new home a smoother transition.

If you're considering moving to Mansfield and Ashland homes for sale, finding a home with the right amenities is essential for your senior years. Take a look at five home features that are important to your safety, health, lifestyle, and finances in your senior years.

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May
31

Avoiding Buyer Burnout - Haring Realty

Even in a buyer's market with plenty of affordable houses with little competition, buying a home is a stressful endeavor. This stress is amplified in today's market, where prices remain high and scant inventory leads to bidding wars. You can quickly become emotionally drained between finding a home that suits your needs and navigating a grueling loan approval process. Our REALTORS® can take some of the strain off your shoulders, but it's just as important to arm yourself with information to avoid buyer burnout.

Read on for some tips and tricks on navigating what can be both a stressful and joyful journey.

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January
31

Financing in 2022 - Homebuyers - Haring Realty

Our REALTORS® have been getting many questions about what to expect from the housing market in the coming year. No matter whether you're interested in Mansfield or Ashland homes for sale, there are plenty of opportunities.

The big question on everyone's mind is how financing will change in 2022.

Over the last year, many places in the country have seen home prices skyrocket. Homeowners have had the chance to attract abundant attention, with many homes receiving competitive bids from multiple buyers at once. As a result, quite a few homes have sold for well over asking price.

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December
13

Buyer Closing Costs - Haring Realty

Buying a home is one of the most significant purchases most people will ever make. And, just like when you go shopping at the store, the sticker price is not the home's total price. This can come as a shock to many first-time home sellers and first-time homebuyers alike, which is why our REALTORS® want you to know everything about closing costs and how they affect the final price you pay for your new dream home.

  • Fees and Commissions
    You will also need to factor in real estate agent fees and commissions. These can be around 6%, but they vary depending on the agent. The seller is the party that typically pays the agent fees and commissions. The seller also pays for title insurance and any pro-rated property taxes on the property. It is also the seller's responsibility to pay any HOA fees, attorney fees, and escrow money owed to the buyer. To help ink the deal, some contracts allow the seller and buyer to split, or have the buyer pay 100 percent of, the owner's title fees on cash deals.

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November
8

VA Loans in 2021 - Haring Realty

Our REALTORS® know that no matter what your homebuying goals are, the process of getting a loan can seem intimidating. Whether you're looking at Mansfield or Ashland homes for sale, the question of financing looms large for most buyers.

If you're a U.S. military veteran, the Veterans Administration loan program may be a good fit for you.

Known popularly as the "VA home loan," it's one of the biggest benefits offered to America's veterans. It grants a wide range of perks compared to conventional loans, including no down payment and attractive rates. There are many other advantages that you might qualify for.

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September
20

Buy a Home - Improve Credit Score - Haring Realty

Before looking at Mansfield or Ashland homes for sale, many would-be buyers take time to improve their credit scores. As a general rule, the better your credit is, the easier it is to access home loans on favorable terms. That usually means better interest rates and saving thousands over a mortgage's life.

Our REALTORS® have helped many clients understand how to tackle this process. We have spoken to many people who have put off their plans to buy a home due to their low credit score, even when they have substantial current income.

Luckily, you can improve your credit score in 2021 no matter where you start from!

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September
13

Buying a Flipped House - Haring Realty

The housing market is pretty hot nowadays, and investors are flipping like it's 2006 again. If you've been browsing homes for a while, you've probably come across flipped houses. But, buying a flipped house can be risky business.  Our REALTORS® are more than happy to guide you through the process and ensure you avoid any pitfalls.

If you're looking to buy a house in this marketfor instance, these Mansfield and Ashland homes for sale  knowledge is the best tool you have at your disposal. So, here's a guide to help you figure out whether a flipped house is worth it.

Buying A Flipped House: What You Need To Know

House flipping occurs when a real estate investor buys a house, makes some upgrades, and sells it at a profit. House flippers do it to make money. That's not to say you should discount these houses. You can get a great deal on the house, considering you don't have to dig further into your pocket to make renovations.

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September
7

Sanity-Saving Moving Tips - Haring Realty

In a perfect world, you'd have several months to fully prepare for a move. But in the real world, you often learn you need to move at the last minute. Maybe your house sold faster than you ever dreamed it would, or perhaps you stumbled upon the house of your dreams and bought it quickly. Regardless of why you need to move in a hurry, Our REALTORS® have some tips to help you out.

  1. Hire Movers ASAP
    The good moving companies book up quickly! As soon as you know you need to move and have a reasonable idea when you need to move, start getting estimates from moving companies. The earlier you book, the more flexible the movers can be. Once you have arrangements with a moving company, you can schedule everything else around their services.

    If you plan on renting a moving truck and moving yourself, the same advice applies. Book the moving truck ASAP so you can get the right size truck from a company you trust.

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July
19

Buying an Older Home - Haring Realty

When that fabulous old house on the hill looms large in your thoughts, it's easy to get swept up in the nostalgia of the past. Whether it's memories of your youth or a longing for the days of yore, it's important to know what you could be getting into. While old houses most certainly have their charms, our REALTORS® know that it's important to look for warts, as well. That said, owning an older home is most certainly rewarding if you are willing to put in the work and resources required to maintain it.

  • Buying Older Homes in the Region
    There are many Mansfield and Ashland homes for sale that date back to the late 1800s. These old homes were built with hand tools, solid wood, and stone. They were built to last, and many have made their way into the present day.

    As the years have passed, styles evolved, materials advanced, and lifestyles changed. This means when you buy an older home, you're likely to find many different eras represented within the rooms and behind the walls. You may find solid wood floors from the 1900s covered by linoleum from the 1950s. Sometimes, these are pleasant surprises that, with a little TLC and creativity, can significantly boost the ambiance and appearance of the home.

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July
5

Consider the Garage - Buy a Home - Haring Realty

While most homebuyers consider a garage a necessary or important home feature, many buyers overlook potential problems that may be lurking in the space. If you're looking around at Ohio homes for sale, our REALTORS® at Haring Realty can help you find a beautiful home with a two-car garage that's in great shape.

A garage is an asset to any home because it can serve many purposes. As a utilitarian space, its primary purpose is storage and protection for your car, which is a big expense. However, a garage can also provide a large amount of storage space for a washer and dryer, lawn care equipment, tools, household items, and clothing. Most homeowners with a two-car attached garage use the space for much more than storing vehicles.

Although your garage is separated from your living spaces in Mansfield or Ashland homes for sale, it's still space with structural components that need attention. Your garage can reveal telltale signs of damage that can have a significant impact on a home's investment. To avoid problems and expensive repairs, pay attention to your garage.

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June
28

Early Offer - Buy a House - Haring Realty

You've been browsing Mansfield and Ashland homes for sale for quite some time now and have finally found something perfect for you and your family's needs. You're ready to take the plunge and put in an offer on the house. But how long should you wait ?There's really no conventional answer to that question. But in a seller's market, when inventory is low and demand is high, you may have to go above and beyond to make sure you submit an early offer and that it stands out from the competition. Here's what you should know about making early offers along with strategies for making a winning one.

Potential Problems with Early Offers

Making an offer isn't as simple as knocking on the door and informing the seller you'll take the house. Your intentions trigger the start of an intricate process between you and the seller. Don't expect the seller to accept your offer just because it came in first. Sellers usually think they've priced their home too low when an offer comes in fast. So, they want the house to have the longest exposure possible on the open market and get bids from a large number of buyers. An early offer would need to be mighty attractive for the seller to accept it instead of waiting too long for better offers.

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June
7

Competitive Housing Market - Buy a Home - Haring Realty

Real estate markets across the country are red hot. It is not uncommon for sellers to receive numerous offers within days of listing their property. Time and time again, our REALTORS® have seen homes sell for well above their listing price. If you have your eye on the perfect property for your next home, we recommend taking the time to get prepared before you jump into the pool of buyers eager to get their hands on your dream home.

  • Preapproval
    Start by getting preapproved for a loan. This is more rigorous than a prequalification process and shows you precisely where you stand and how much the lender will loan for your purchase. There are multiple advantages to this when searching for Mansfield or Ashland homes for sale. It helps narrow down your search to only those properties within your price range. This speeds up the process considerably. It also shows you how high you can go if a bidding war breaks out. Equally important, when multiple offers are submitted, sellers are more likely to accept offers from preapproved buyers than those who are merely pre-qualified.

    In fact, be prepared to pay more than the listing price. This is especially true for well-maintained homes in desirable locations. It's not unheard of for homes to sell for 100-110% or more of the asking price. As you search, factor this into your calculations and search for homes that are 95% or less of your preapproval.

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April
19

FICO Score Importance - Buy a Home - Haring Realty

At Haring Realty, our REALTORS® know that some aspects of the home-buying process can be confusing.

Even buyers who have been through it all before don't know everything. And it can be even more worrisome for first-time buyers, who wonder about all the things they aren't familiar with yet. That can put a damper on the fun of looking at Mansfield or Ashland homes for sale.

One subject comes up again and again: Financing. Where to find a mortgage and how to get the best deal.

Choosing the best mortgage for you can save you thousands of dollars across the life of your mortgage. But buyers often go into the process knowing little about one of the most important factors that can influence your mortgage terms: your FICO score.

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February
10

Overcoming Homebuying Obstacles - Haring Realty

It's a competitive real estate market. For first-time homebuyers, the goal of homeownership can appear difficult to achieve. While it's true that there are obstacles in the path, it's not impossible to overcome them and beat the odds. Our REALTORS® know how to help first-time homebuyers position themselves in the market to purchase the home they desire. 

Overcoming the Obstacles to Homeownership

  • Strict Lending Requirements
    This is often the most daunting obstacle first-time homebuyers need to tackle. Overcoming it requires a multi-prong approach that starts with trimming the budget. Eliminating unnecessary spending, paying off credit card debt, and consolidating existing loan obligations at a lower interest rate are essential steps. It pays big dividends. It will help first-time homebuyers save money for the down payment, and it reduces the debt-to-income ratio. It also helps boost the credit score a few points, which allows buyers to qualify for a lower interest rate.

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January
13

Real Estate Agent Help - Haring Realty

Real estate agents have experience and knowledge that can make buying a home easier and help you avoid costly mistakes. They can help you with many aspects of the home buying process, including several you may not have thought of.

The following are just a few of the things our REALTORS® can help you with when you're looking at Mansfield homes for sale:

  • Spotting problems you may not notice
    Real estate agents have looked at enough homes to be able to spot problems that you may not notice. For example, he or she may be able to see signs of insect issues, problems with the roof, or leaks in the home. These may be expensive problems to fix, and if your real estate agent notices them, you may end up saving a lot of money or avoiding a headache.

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December
9

Mortgage Loan Pre-Approval - Haring Realty

When it comes to applying for a mortgage, getting pre-approved for financing and starting the credit application process should begin as early as possible. The sooner you get a jump on the process, the fewer problems you'll have when it's time to close and sign on the dotted line.  

But is it possible to apply too early? Our REALTORS® know the answers, and we've put together some of our expertise to help you apply for your mortgage financing at an optimal time for your home purchase.  

How Long Does Pre-Approval Take?

Before you decide how early to apply for a mortgage, we should help you understand how long the pre-approval process takes. 

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November
11

Commute Time - Haring Realty

It's true that location matters when it comes to buying a home. A top location can offer a great school district, great amenities, convenient access to shopping, and a low crime rate. However, your commute time to work is another important factor to consider when looking for Mansfield homes for sale. It can be tempting to ignore a long commute if it would mean foregoing what is an otherwise perfect home. But will the time and cost of a long commute be worth it?

The Costs of a Long Commute

The average American commutes for approximately 25.4 minutes each way. But those in larger metropolitan areas are subject to an extremely long commute of up to 1.5 hours each way. Extreme commuters spend at least 15 hours a week on the road without getting paid for it. As the time adds up, so do your travel expenses, especially gas and car maintenance. In most cases, the savings realized by purchasing a home in a suburban area result in a higher cost overall. Adding a distant commute to your housing expenses can exceed 30% of your gross monthly income.

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October
21

Historic Homeownership - Haring Realty

Old homes are filled with charming details and touches that give them a fascinating appeal. Older Mansfield homes for sale conjure images of strong communities and simpler times. Each home is a reflection of the builder's interests and the style of the era. While purchasing an older home can give you a truly distinctive property, it can also come with unique challenges that you can't ignore.    

Historic Charm in Every Room

From the intricacies of the crown molding above an ornate fireplace to the antique door handles and solid oak floors, older homes are filled with fine details that will win your heart over. These finishing touches reflect the trends of the time the house was built and may also include trends from periods when the home underwent renovation or the addition of new rooms. In Ohio, it is not uncommon to find a Victorian-era home with Georgian, Spanish, or Mid-Century Modern accents sprinkled in over the years.

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April
22

Multigenerational Home Buying

Our REALTORS® at Haring Realty are excited to present an outstanding collection of Mansfield homes for sale this season. Our team is here to help clients achieve their goals in the real estate market – we help you every step of the way.

One trend that's become important here in Mansfield is the multigenerational home.

Economic shifts of the last few years have made it much more difficult for young people to buy a home. Job market fluctuations have left many in their 20s and 30s challenged to reach the kind of career they want. At the same time, elders are seeking stability in retirement and beyond.

The multigenerational family home is the solution that can serve both these needs.

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January
7

Mansfield Home Buying Budget
Do you dream of buying one of our local Mansfield homes for sale, but think there's no viable way to afford it? Think again! 2019 can be your year to purchase a house! Gathering the right information, taking advantage of multiple resources and making friends with your budget are the critical ingredients for taking that life-changing step. With a bit of planning and effort before you begin searching, buying a home may not be easier than you ever imagined.

  1. Understand What You Can Afford
    Now is the time to create a home buying budget, and in doing so, you'll know what you can afford in relation to where you want to purchase. In addition to the actual mortgage payment, you'll need to plan for the down payment, closing costs, taxes and insurance, and the likelihood of higher energy and maintenance expenses. That being said, in many cities, monthly rental rates are at or above what you will pay for a mortgage payment. One of the best ways to determine your home buying budget is to talk to a lender and get pre-approved for a mortgage. Knowing what you can afford will allow you to build your budget around what you're expecting to spend on your home.

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November
6

Mansfield Ohio Buy Home Holidays
If you've been searching for a new home, you probably know that the residential real estate market slows down this time of year. That doesn't mean you have to postpone your search. The year-end holiday season offers the best opportunities to visit Mansfield homes for sale and seal the deal on your new home. 

Our REALTORS® keep informed about regional marketing data. Their research shows that buying a home during the holidays makes sense, especially when you're a serious buyer. They share five good reasons why you should step up your home search during the holidays. 

  1. Serious Sellers
    When a homeowner keeps a For Sale sign posted when the market slows for the season, they're serious about selling. They may have a job transfer deadline, a new home purchase pending, or an urgent need to downsize. Whatever their reason, sellers who keep their listings active during the holidays, are hoping a buyer will make a reasonable offer before the year's end. Their desire to sell paves the way for you to make your best deal.

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October
30

Buy a House - Negotiate Price

When you're shopping for Mansfield homes for sale, finding a house that you'd love to call your own is just one step in a lengthy process. Negotiating a price for that home is one of the most critical steps in the process, while also ranking as one of the most intimidating for both new and experienced home buyers. Our REALTORS® know what it takes to succeed at the negotiating table, and we've put together six tips to help you negotiate a price when buying a house.

  1. Find the Right Real Estate Agent
    Whether you have extensive experience or you're negotiating the price of a home for the first time, working with the right real estate agent will make life much easier. An experienced agent has been at the negotiating table many times before, so they're the perfect person to provide guidance. Don't be afraid to interview more than one buyer's agent to find someone you're confident working with as you buy a home.

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July
24

Buy House Seller's Market

Insider Help for Buying a House in a Seller's Market

Buying a house can be more challenging in a seller's market.  It may feel as if you keep hitting roadblocks and dead ends and only the sellers are in control. In this market, there are more potential buyers, able and willing to make a purchase, than there are Mansfield homes for sale. The low inventory means that the existing homes are priced higher, but still sell relatively quickly.

This does not mean that you can't buy a home in Mansfield, Ohio for a good price even--it just means you may need a little help and advice from real estate insiders. Here are three ways to buy your dream home even in today's market.

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March
6

Buy a Home with New Job

Even if you're new to a job, you can still fulfill your dream of owning a home. When you search for Mansfield homes for sale, you're destined to find the perfect residence in a neighborhood that fits your lifestyle. While your new job may present financing challenges, some mortgage companies will find ways to work around the obstacles.

Our REALTORS® believe that the path to homeownership is easier when you know what to expect. That's why we created a "First-Time Buyers Guide: Buying a Home With a New Job" with information to help you through your home-buying process.

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January
11

Home Buying Tips for Millennials
As the economy grows, Millennials are taking a second look at the housing market. Let's review ten tips that will smooth the path to your first house, no matter what your goals are. 

  1. Think About a Starter Home
    You don't have to go straight into a lavish home. If you start with a smaller home or fixer-upper, you'll often be able to get even better mortgage terms in the future-thanks to your established history with your first property.

  2. Click Here to Read More...

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