For Buyers | 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...

Why Moving May Be Just the Boost You Need

by Chuck Norsch | Jan 25, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers

As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and...

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...

What Experts Are Saying about the 2021 Job Market

by Chuck Norsch | Jan 21, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates

Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....

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...