Wayne Realty Co.

Tips for Buying a Fixer-Upper There's an axiom in the real estate industry that says we should forego buying the nicest home in a bad or borderline neighborhood and go for the worst home in the best neighborhood we can afford. This is because the sales prices of surrounding homes determine the market value of yours, so buying...

The Neighborhood Wish List: 3 Things to Consider Let's face it; buying a home is an emotional undertaking. First, there's that huge wad of money you're spending. Then, there's the fear that years of mortgage payments will disappear and you'll actually lose equity on the home. If you shop carefully, however, you can banish those anxieties. The...

4 Tips for Home Buyers with Boats When you need to find a new hole in the water into which you'll throw money, the home purchase process becomes ever more complicated. Sure, you can park it in a marina and pay up to or more than $500 a month for the privilege, or up to $150,000 to purchase a slip, but (you have said this to yourself...

3 Reasons to Think Twice about a Home Think back to your first big crush. He or she was perfect, right? When emotions run rampant, flaws become invisible, whether you're falling in love with a person or a home. With familiarity comes the truth - this perfect specimen of a human being isn't perfect. None of us are. And houses aren't eith...

Thinking of Buying a Houseboat? You aren't the first person to be enthralled with the notion of drifting off to to the sound of rippling water, being greeted by a pelican's splash as it plunge-dives into the sea for its breakfast and fishing from your living room window. All of this, and more is a dream come true when you purchase...

The Essential Real Estate Glossary Learning about the home buying and selling process, when you've never been exposed to it before, is a bit like trying to get a drink of water from an open fire hydrant - it's completely overwhelming. Real estate professionals toss around lingo as if you're expected to know what they mean when, in re...

2 Tips for the Luxury Home Buyer If terms such as Art Deco, Italianate, Federal colonial and mid-century modern are floating around in your head, the chances are good that you're considering purchasing a luxury home. Knowing the fine points of architectural styles is one thing, understanding the differences between the luxury home....

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Your Offer is Accepted! Now What? (Part 2) In part 1, we looked at what happens immediately after the seller accepts your contract to purchase. In part 2, we'll cover contingencies - those tasks you must complete according to the contract's stated timelines. Contingencies Remember all those deadlines we set for you when I assisted you with.....

Your Offer is Accepted! Now What? (Part 1) The most anxious part of the process is over when we get word that the seller has accepted your offer. Oh, there's still work to be done and time constraints, but at least at this point we know you're ever closer to owning that house. Since there is so much to do from the time the seller accepts to....