Kim Abbott

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Current Servicemember or Veteran? 4 Reasons Why a VA Home Loan Is an Excellent Choice

October 12, 2022 by Kim Abbott

Are you current or former member of the US military service who is looking to buy a new home? If so, you will be pleased to know that there are some special mortgage programs that are open to you. Let's take a look at five reasons why a mortgage backed by the Department of Veterans Affairs is an excellent choice when buying your new home. You Can Borrow Up To 100% Of The Home's Value You read that correctly! VA-backed mortgages are available to you even if you choose to put no money towards your down payment. This can be a huge benefit for those individuals and families who are looking to … [Read more...]

Filed Under: Real Estate Tagged With: Home Buying, Real Estate

The Pros and Cons of Buying a New Home Versus Buying Pre-owned

August 10, 2022 by Kim Abbott

Are you thinking about buying a new home? Congratulations! Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you'll need to make a number of decisions – including whether you want to buy a pre-owned home or one that has been built recently and is brand new. Let's take a quick look at some of the pros and cons of buying a new home versus buying pre-owned. New Homes Tend To Have Fewer Problems One of the major upsides of buying new is that newly-built homes tend to have very few problems within the first few years of … [Read more...]

Filed Under: Home Buyer Tips Tagged With: Buying A Home, Home Buying, Home Buying Tips

Where Buyers Tend To Compromise When Buying A Home

June 1, 2022 by Kim Abbott

If you are in the market for a home, it is important for you to think about what is most critical to your housing search. Unless you have an unlimited budget, you will probably have to compromise somewhere to make a competitive offer on a house you can afford. Every buyer is different, but there are a few common themes regarding where buyers tend to compromise when looking for a house.  The Condition Of The Home One area where buyers tend to compromise is the condition of the house. Most buyers would prefer to purchase a new house that is move-in ready, but you may notice that it can be … [Read more...]

Filed Under: Real Estate Tagged With: Home Buying, New Home, Real Estate

NAHB: Home Builder Confidence Ticks Up in April

April 16, 2021 by Kim Abbott

The national reading for home builder confidence rose one point to an index reading of 83 in April; the National Association of Home Builders predicted a reading of 84. Component readings for April’s national index readings were mixed.  Builder confidence in current market conditions for single-family homes rose one point to 88. Builder confidence in market conditions for single-family homes in the next six months fell two points to 81 but homebuilder confidence in buyer traffic in new home developments rose two points to an index reading of 75. Readings over 50 indicate a majority … [Read more...]

Filed Under: Real Estate Tagged With: Home Buying, Housing Market, Market Conditions

Common Mistakes The Experienced Homebuyers Tend To Make

February 12, 2021 by Kim Abbott

When people are looking at buying a home, there are a few common mistakes that first-time homebuyers make; however, there are mistakes that seasoned homebuyers make as well. What are the most common mistakes that people make when they are looking for a new home for the second or third time? There are a few key examples to keep in mind.  Trying To Rush Through The Process The first mistake that experience homebuyers make is that they try to rush through the process. They feel like they understand exactly how it is going to work because they bought a home the first time. Therefore, they end … [Read more...]

Filed Under: Home Buyer Tips Tagged With: Home Buying, Homebuyer Mistakes, Neighborhoods

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Kim Abbott

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Located in Phoenix, AZ

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