The Home-Buying Process: First Steps

Aug 6, 2020 9:41:21 AM / by Brett O'Daniell posted in Pre-Qualification, house hunting, home purchase, Credit, Credit Score, homebuying


Congratulations! You've decided to begin your journey to becoming a homeowner.  We know this cab be a stressful process, and are providing some information to help you along the way. 

HomeTraq has several key services that for giving you a positive foundation for your home-buying experience. We will be assisting in your home search, and our network of lenders will be helping you through the financial process. The best part? Our network of real estate agents is ready to start showing you a home on your terms!



Here's what you should know if you're planning to buy a house. 

Finding a home to tour

Searching for the right home is one of the most exciting parts of buying a house. It can be stressful at times, too. You can go in with certain expectations or with an open mind. Either way, you are making a huge decision, and it can carry a lot of stress.

That's why we are making it easy! Simply begin by visiting HomeTraq to view a home at your convenience! Start by choosing the property you want to see and when you want to see it. Once you click "SEE IT NOW," we will coordinate the rest. Most importantly, you can tour the home at a time that fits your busy schedule!

We also want to be sure that you find the home that is fitting your requirements. That is why HomeTraq is pulling houses from your local MLS (Multiple Listing Service) 24/7. This gives you several options for when you start your search. 

Finally, it is important that you are surrounding yourself with people who have been through the home buying process. It is a long process, involving a lot of decisions. Having someone you trust in your corner with experience buying a home can help answer any questions you may have or advise you along the way. 


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Truth about Down Payments - Should I pay 20%? [ Real Estate Insider ]

Aug 5, 2020 4:43:58 PM / by Brett O'Daniell posted in Mortgage, home purchase, negotiation, housing demand, financing, misconceptions, loan


Have you ever wondered how much you need to budget for a down payment on a house? Like any other large purchase, lenders usually want a down payment to secure a mortgage. The amount may vary depending on your situation, but most financial advisors recommend paying at least 20% of the value of the home as a down payment. First of all, this reduces the total amount you have to borrow. It also covers Private Mortgage Insurance (PMI) fees that lenders would include if you don't reach the 20% down-payment threshold.

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The Future of Real Estate After COVID-19

Aug 4, 2020 9:50:03 AM / by Brett O'Daniell posted in Insider, agents, homebuyers, housing market, real estate tech, homebuying


Good news! The housing market is still active, and agents and brokers are finding new and creative ways to accommodate social distancing! A lot of what you read about the impact of COVID-19 is negative, so we wanted to shine some positive light and commend our network of agents and brokers for their hard work. The good news? There could be some long-term benefits from the innovations made to the home-buying process that can carry over into the post-COVID era!

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6 Surprisingly Cheap DIY Home Improvement Projects [Real Estate Insider]

Jul 3, 2020 11:18:44 AM / by Brett O'Daniell posted in Insider, house hunting, homebuyers, housing market, homeownership, buying a home


Homeowners who find themselves around the home more than normal can use time to make a big difference in their home with upgrades that don’t have to cost a fortune. Simple DIY projects can enhance a home and make spaces more appealing for buyers when homeowners are ready to move forward with their home sale.

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