Own Realty Group - Real Estate Services

  Choosing the wrong tenants for your rental property can end up costing you thousands of dollars in unpaid rent and property damages.  You can reduce your liability and risk of loss by carefully evaluating prospective tenants.   Steps Suggest that the whole family come to look at the apartment. ...

Buying a home can be very exciting and scary at the same time. Most first time home buyers will experience a full range of emotions as they go through the buying process. This is a completely normal reaction. Homeownership is at an all-time high in America, not just because of low interest rates...

  Before you begin the process of buying a property or home you need to consider the following: Determine Your Buying Objectives. Why do you want to buy a home? Need more room?  Downsizing? Tired of paying a monthly rent for nothing in return? Determine Your Needs. Prioritize what is most importa...

Congratulations on making the decision of buying a new home! The first thing you need to decide is how much you can afford. Determining this early in the buying process will save you a lot of time and frustration.  Not only will you have a clearer idea of the amount you can spend, but you can al...

Save Time & Money When You Buy -  7 Steps to Home Financing: Credit Report - Contact a credit bureau and get a credit report on yourself, just to make sure your report is accurate. If you don't like what you see, it's time to try to clean up any problem items or clear up any mistakes.  You may a...

What's the difference between Pre-qualification and Pre-approval? Pre-Qualification is a "guesstimate" of what a buyer might qualify for prior to actually submitting a mortgage application. Based on the unverified financial information you provide, the lender uses a quick calculation to arrive a...

By now you should be well into your home search. If you haven't already been pre-approved for a loan, now is the time. Pre-approval lets you know in advance how much you can afford to spend, gives you more negotiating power because you have financing in place and can save you money by locking in...

What type of loan is right for you? When choosing a mortgage, find out about… The down payment that is required Both the interest rate and the annual percentage rate (APR) Standard closing costs (and any extra fee the lender may charge and why) The possibility that your mortgage will be resold o...

OK, this is where the fun begins! Actually looking at homes for sale.    Beginning your home search Become familiar with the area where you're considering buying in order to determine if it meets your needs (e.g. near a park, shopping, public transportation, etc.) Drive around. Attend open house...

Congratulations! You've found the home of your dreams! Before you make a formal offer, you need to make sure the home is priced correctly. You don't want to overpay.   Typically used when selling a home, a comparable market analysis (CMA) lists the recent sale information of nearby homes, includ...