17 May 2022
By RESCO Realty

Should Your First Home Be A Starter Home Or Forever Home?

Real Estate Tips, ,
If you are looking for a house for the first time, you might be wondering whether you should purchase a starter home or a forever home. A starter home is a home in which you intend to live for a few years before you sell it and upgrade to a better home. A forever home is a home that you intend to be in for ten years or more. You can see yourself moving into the house and potentially spending your entire life there. How do you decide which type of home you should purchase? A Starter Home If your…
Read More
10 May 2022
By RESCO Realty

The Pros and Cons of ‘Mortgage Before Marriage’ for Young Couples

Real Estate Tips, ,
There was a time when a higher percentage of people were married before they committed to buying a home together, but it's a lot more common to co-habit and invest in a home together. If you're considering the commitment of a mortgage without being married, here are some things to be aware of before you start searching the market. Relationship Status Won't Affect Your Rates It might seem like there are greater risks involved if two individuals purchasing a property are not legally bound, but it actually makes no difference to the mortgage lender. If two people are buying a…
Read More
29 Apr 2022
By RESCO Realty

Sale Pending: What Does This Mean?

Real Estate, ,
The search for a house can be stressful and filled with lots of jargon that can make it difficult for someone new to the real estate world to figure out what is going on. One of the most common terms that people might see on the MLS is "sale pending." What does this mean, and how should people interpret this? An Overview Of Sale Pending If a listing says that it is "sale pending," it means that the buyer and the seller are under contract. While the deal is not yet set in stone, it means that the seller has…
Read More