Buying Myths | Chuck Norsch, CMPS, MBA

What’s the Difference between an Appraisal and a Home Inspection?

by Chuck Norsch | Jan 26, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior...

Financial Fundamentals for Homebuyers [INFOGRAPHIC]

by Chuck Norsch | Jan 22, 2021 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics

Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on...

Owning a Home Is Still More Affordable Than Renting One

by Chuck Norsch | Jan 20, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to...

Should I Wait for Lower Mortgage Interest Rates?

by Chuck Norsch | Jan 19, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold...

Things to Avoid after Applying for a Mortgage [INFOGRAPHIC]

by Chuck Norsch | Jan 15, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table. Along the way, be sure to discuss any changes in income, assets, or credit with your lender, so you...

Reasons to Hire a Real Estate Professional [INFOGRAPHIC]

by Chuck Norsch | Jan 8, 2021 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, FSBO's, Infographics, Move-Up Buyers, Selling Myths

Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process. The right agent can explain current market conditions and break down exactly what they mean for you. If...