Navigation Links
Home Buyers Are Demanding Value Driven Purchases According to CoreLogic
Date:9/20/2013

Twin Cities, Minnesota (PRWEB) September 20, 2013

Home Buyers are buying a home with market driven objectives, according to CoreLogic's Housing MarketPulse Report for September 2013. The housing sector drove the U.S. economy by contributing 17% to GDP growth. CoreLogic seeks to define the engines of future growth and finds that home buyers are becoming better informed and demanding value driven purchases.

"Twin Cities home buyers often ask for help early on before buying a home to gain solid research and advice up front. Buying a home is a big decision, and as an investment purchase, the value of the house, and the buyer's proportion of increasing home equity will grow over time." says Jenna Thuening, owner of Home Destination.

As home purchase volumes continue to rebound, CoreLogic predicts a flight to quality because borrowers value service and end-to-end loan origination experiences that go as smoothly as possible.

An in depth understanding of home buyer needs and borrower qualifications underlines the ability to build a quality portfolio of high value home purchases, states CoreLogic in the report. As the housing market shifts to a home buyer's market, a new set of regulations adds complexities to financing and a greater need for buying a home with transparency and disclosures.

Home Destination suggests home buyers ask themselves the following questions to assist in gaining a value driven purchase:

1. Are Income Related Factors Defined? - Before buying a home, consider income bearing limitations and affordable home price ranges. Factor in family saving needs, including retirement and college, and current debt ratios; use a Buyers Mortgage Worksheet and then meet with a home loan officer.

2. What are the Commuting Distances? - The National Association of Realtors (NAR) recent study found that 73% of new home buyers consider drive time to work a key decision in buying a home. Once the desired location to live is for commute time is established, then searching for local real estate listings within the determined drive time radius makes finding the right home easier.

3. What Unexpected Charges and Purchasing Fees May Come Up? - When buying a home with value driven objectives, knowing any potential devouring costs that may come up later should be addressed up front. Hidden costs may surface during the final negotiations or home closing and simple have to be paid in order to complete the home purchase.

4. What Potential Risks Exist?- Stay objective before falling in love with a home. Having a professional home inspection may reveal potential problems the home has or many have; it is an important step in a value driven home purchase. For example, a home with hard-to-see moisture or infestation problems may drain the next homeowner of financial gains over an extended period of time

5. Is there a Multi-Dimensional View On the Home Investment? - The CoreLogic report points out that secondary market changes, even though they may seem insignificant at first glances, may affect the whole transaction. "That is why having a multidimensional view of the housing market is so fundamental," according to the report. Be thorough and take time to consider all aspects before signing a home purchase agreement.

6. What is the Most Current Related Housing Market Data? - The Twin Cities housing market is ever shifting, as with the national market. Relying on current and reliable housing market data will help ensure offering a fair bid on a home in order to anticipate favorable responses from the seller during negations.

"Your objectives are the overall goals you are trying to achieve with the money used for your home purchase, whether it is your own single-family residence or a home purchased for investment income, clear value driven objectives will become a highly valued road map through your process of buying a home," adds Thuening.

Home Destination helps home buyers prepare to buy the home they want and define their value driven objectives for long term. Individuals seeking a Twin Cities real estate buyer consultation or a home buyer's quote, may reach Jenna Thuening at 612-396-7832.

Read the full story at http://www.prweb.com/releases/home-buyers-demand-value/Twin-Cities-real-estate/prweb11144345.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Home Buyers Gaining Ground As Home Affordability Hits Record High
2. ProcurePort announces the launch of http://www.woodbrowser.com, a unique reverse auction marketplace that brings buyers and sellers together in the lumber industry
3. Life is a Cabaret for Valley Luxury Home Buyers in Palm Desert CA by Brad Schmett
4. Verified Buyers Give Ladybug Tekno 2350 Vapor Steam Cleaner 5-Star Rating, Announces 1-800-GO-VAPOR.com
5. Home Buyers Not Scared by Mortgage Rate Hikes
6. Newport Board Group, a National Business Advisory Firm of CEOs Cautions Buyers on 5 Questions to Ask Before Acquiring a Technology-Based Middle Market Company
7. E-Store India Crosses the 1-million Mark for Number of Registered Online Buyers
8. Empowering Potential Home Buyers by Learning to Set Money Aside
9. Group Car Purchase launches exclusive service for budget buyers
10. Group Home Buy, a Unique Facility for Home Buyers, Launched in Style
11. Time and Gems Offers Buyers the Largest Collection of Rolex Watches Yet
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/30/2017)... ... April 30, 2017 , ... TransLiquid Cartoon is a ... X. Editors can pick and choose from a variety of liquid transitions that ... shadows using simple color swabs. Utilize on-screen controls to fully manipulate transitions through ...
(Date:4/29/2017)... Aliso Viejo, CA (PRWEB) , ... April 29, 2017 , ... ... effects. Seamlessly transition from one video to the next without having to set ... bleeding, ripping, and blasting transitions to enhance your video production. , TransDark features dynamic ...
(Date:4/28/2017)... ... 2017 , ... An April 24th article on Yahoo! Beauty discusses the case of ... of a weight loss surgery. The woman, declaring “I will not hate my body anymore!” ... her dramatic weight loss. Dr. Feiz & Associates notes that, while it often refers its ...
(Date:4/28/2017)... ... April 28, 2017 , ... Beginning in 2017, Ridgecrest Herbals will ... begins with the popular ClearLungs Extra Strength formula. To ensure that the effectiveness of ... the following ways:, , Removal of the homeopathic element , ...
(Date:4/28/2017)... ... April 28, 2017 , ... ... . These lamps offer an instant energy-saving solution for F32T8 fluorescent lamps on ... or disconnect ballasts. These 50,000 hour rated lamps utilize the existing electronic ballast, ...
Breaking Medicine News(10 mins):
(Date:4/26/2017)... PROVIDENCE, N.J. , April 26, 2017 Phoenix ... announce its fifteenth year of fulfilling its mission of transforming ... industry is highly scrutinized, Phoenix,s innovative ... the healthcare community about the latest advances in science and ... Phoenix was founded in 2002 by ...
(Date:4/20/2017)... , April 20, 2017  Cogentix Medical, ... focused on providing the Urology, Uro/Gyn and Gynecology ... that Ash Keswani has joined the Company as ... this newly created position, Mr. Keswani will report ... CEO. "Our organization is delighted that ...
(Date:4/20/2017)... April 20, 2017 Research and Markets has ... Innovation Driven by Rapidly Expanding Injectables Market and Increasing Usage of ... ... delivery technologies will rise from USD 20 Billion in 2015 to ... Drug Delivery Technologies - Innovation Driven by Rapidly Expanding Injectables Market ...
Breaking Medicine Technology: