Porcupine Real Estate Blog

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Buying a Home: Should You Stress About Multiple Offers? [Updated for 2023]

Buying a home: Should you stress about multiple offers?

Months of searching, attending open houses, reading articles about if you should buy a home, picking a lender, and viewing available homes finally paid off. You’ve found the perfect property in a nice neighborhood for a fair price. You’re ready to make an offer. Then it happens: you get the dreaded call from your agent telling you there are multiple…

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All You Ever Wanted to Know about Appraisals – Buyer Edition

While you might have a long list of things you appreciate about your new home, your lender may not agree. They don’t care if it has a pizza oven, jacuzzi tub, or patio that is perfect for outdoor gatherings. They do care if the home you are buying is worth what you’re paying. If there is ever a point where…

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How much money do I need to buy a home?

How much money do I need to buy a home?

Many buyers have questions when it comes to buying a home, but one of the most frequent we hear is: What does it cost? The Downpayment The amount of money you pay towards the home purchase upfront is the down payment. For example, if you are using a conventional loan and putting 5% down on a $400,000 property, your downpayment…

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