Merit Real Estate

Buying a Home. The Road to Homeownership.

Buying a home

Buying a Home is the Pinnacle of Adulting Buying a home is a huge deal! It’s a big decision and requires hopeful homebuyers to navigate through a somewhat arduous process. Curiosity is often what starts the journey towards homeownership. Once you become curious about buying a home, what next? As a first-time homebuyer, you are […]

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Real Estate Commissions: What you need to know

Real Estate Commission

When a homeowner decides to sell their home, the cost of hiring a qualified Realtor will certainly be a major concern. Homebuyers often have questions about how their Realtor will get paid as well. Whether you are a buyer or a seller, working with an experienced agent can bring you great value. It’s important that […]

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Should I Buy a House During the Pandemic

Should I Buy a House Now

The nationwide real estate market started out relatively strong in 2020. Industry experts were forecasting a slightly slowing but steady housing market for the year. The U.S. economy was also humming along like a well-oiled machine, and lending rates remained very low. So many homebuyers were ready to take advantage of this seemingly ‘great time […]

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Earnest Money Deposit – Everything You Need to Know

Earnest Money Deposit

The earnest money deposit is a crucial part of a real estate purchase offer. The amount of earnest money offered to a seller as a good faith deposit can be the difference between getting your offer accepted and losing out on the house of your dreams. This article contains everything you need to know about […]

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Causes for Forfeiting Earnest Money

forfeiting earnest money

There are 3 main causes for forfeiting earnest money deposit when buying a home. When entering into a purchase contract as a home buyer, a buyer agrees to execute specific timelines and terms. Failing to do so can lead to forfeiting their earnest money deposit. Generally speaking, a purchase contract protects the buyer from being […]

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Out of Pocket Costs When Buying a Home

out of pocket closing costs

In addition to your downpayment, there are significant out of pocket costs associated with purchasing a home. These various ‘closing costs’ typically costs homebuyers between 2 and 5 percent of the purchase price.  Here is a list of typical ‘closing costs’. Typical Out of Pocket Costs When Buying a Home These costs vary greatly based […]

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The Ultimate Guide to Buying a Home Sight Unseen

Buying a home sight unseen

Buying a home sight unseen is not new. Recent polls of homebuyers have shown that over 20% have submitted offers without stepping inside the home. Similar surveys have also shown that about 50% of Millenial buyers have submitted offers without visiting the home first. Older generations are open to the idea as well. As technology […]

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Moving Checklist – Printable PDF

Moving Checklist

Moving from one home to another is no joke! Moving a long distance is really difficult. Taking advantage of available moving resources and having a great “no fluff moving checklist” will help you plan and organize this major undertaking. Find our printable “no fluff moving checklist” below and visit our Top Moving Resources blog for a […]

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Top Moving Resources – Moving to a New Home

Closing on a home

Moving to a new home can be stressful, therefore you’ll want to prepare well and have a plan. Whether you hire professional movers or use a DIY approach, there is a lot to consider. We’ve assembled a comprehensive list of online resources to help you with your move. This is a ‘no-fluff’ list of moving […]

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