John Watts's (zwatts1) Blog

Currently, all real estate price points are experiencing a shortage of inventory in the housing market.  At this point in time, the entry level for first-time home buyers is experiencing the greatest difficulty.  This is due in part; many homeowners are staying in their current home longer instea...

People over the age of 55 begin to think about whether they should own or rent a home.  Many of these people desire to downsize and have hassle-free lifestyle which includes little or no maintenance.  At this time, this age group is becoming the fastest growing segment of renters.  Apartments own...

Consumers in today’s market tend to have a lot of assumptions about the housing market.  Many times, assumptions are incorrect and cause them to miss out on a great property deal.  Following are some of the assumptions and opposing viewpoints on some assumptions: 20% Down Payment - Some buyers wa...

In the foreseeable future technology will be having a significant impact on real estate transactions by using artificial intelligence and machine learning.  There will be new tools and processes to improve the industry in the future.  Following are few ways where the processes may be improved: Ma...

Once a new home buyer has a contract agreement to purchase a home and before they close on that home they should develop a checklist of things to done before ownership is transferred to them.  This will help a buyer not to overlook something, reduce expenses and prevent creating other potential p...

Each year many people move out of their current home into a new home.  Prior to moving, they need to start developing a written master moving plan with the ability to update the plan as you move towards moving day.  Written plan will help you not to forget something, and control your time and exp...

Before buying a new home investigate each neighborhood and determine if it reflects the lifestyle you desire.  Drive the neighborhood at different times of the day and visit with people who live in the neighborhood.   Performing these exercises, will give a buyer greater comfort level that they a...

Prior to beginning a serious home search, do research on how you can best finance your new home based on your personal situation.  There are things to take into consideration, such as, are you a first-time home buyer, veteran, credit score, and types of loans available, etc.  Be sure to talk to m...

Title policy will be required whenever you purchase a home and have a mortgage loan on the property.  Normally, the policy is purchased by the seller of the property.  Title policy is an insurance policy that protects the homeowner from fraudulent claims made against their ownership, mistakes mad...

If you are thinking of building a new home or buying your next home, you should think about the environmental conditions of the property.  There are a lot of  available material to read and understand to help make the correct decisions.  Following are some greenhouse terms that will aid you in th...