Buying A Condo | Who is Responsible for Maintenance?

Are you in the market for a condominium?
Are you aware of who is responsible for damages and maintenance to the condominium? The owner or the condo association...

Have more questions? Call Tamara Williams today at (406) 223 - 6823 or visit our blog "Buying A Condo - What You Should Know"

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5 Reasons the Holidays May Be the Best Time to Buy A Home

The days may be getting shorter, but the list of reasons to BUY NOW is getting longer. 

The falling leaves and slowing days often cause the real estate market to do the same. But here are some reasons why this slower pace could actually be good for home buyers. 

1. There are fewer Buyers on the market  

As the market slows, this means there are LESS BUYERS on the market competing for the same house. This makes it easier to negotiate by giving Sellers less options to chose from. 

2. Sellers may be motivated by the end of the year

Closing by December 31st may be beneficial for Sellers in terms of taxes. They may be able to take advantage of tax gains or losses during the year, that might go away if they were to settle in January. 

3.…

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Senate Bill 300 - Preventing HOAs From Imposing New CCRs

A new Senate Bill has been passed and we are eager to share it with you!

Senate Bill 300 was passed to prevent Homeowners' Associations (HOAs) from imposing new covenants, conditions, and restrictions (CCRs) on certain types of use of property. 

Effective May, 8, 2019, this bill prevents an HOA from imposing certain types of new use restrictions against owners who purchased their properties before the restrictions went into effect and do not wish to be bound by them. Basically, if your HOA makes adjustments to your CCRs after you've purchased your home, you can be "grandfathered" into the prior CCRs and exempt from the new CCRs. And guess what? All you have to do to become exempt from the new CCRs, is contact your HOA and tell them, then record…

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Are You Currently Renting?

The Bozeman population is on the rise! What does that mean if you're renting?!

The current population in Gallatin County is 107,810 people with a population growth projection to 159,000 in 2045. In the next 28 years, Gallatin County is projected to grow at 2,000+ people per year until 2045. Of this growth, about half is likely to occur in the City of Bozeman. So what does that mean for you as a renter? Well, that could mean higher rent prices, lower rental inventory, stricter rental agreements, and more!

Now for the big question, “Is now the right time for me to buy?” Whether you are just tired of renting and want to live by your own rules or maybe you're tired of being told you can't have a dog/or your rental doesn't allow pets. Or say you’re tired…

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3 Important Questions to Ask Your Buyer's Agent BEFORE You Hire

Are you starting the Home Buying process? Have you hired your Buyer’s Agent yet? If not, this article is for you! We discuss the 3 most important questions to ask before you hire an Agent.

In the initial stages of purchasing, clients typically look to the internet to find areas of interest and houses they like. Most people aren’t aware they can hire an Agent who will help guide them from the very start. However, finding a Realtor right away, and finding the right one, can really pay off! So let’s discuss how to find the right Buyer’s Agent for you.  

The first question to start with is, “how many transactions did you complete in the last 12 months?” 

This is a simple question to help you gauge their experience in the industry. Knowing the…

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Title Insurance Policy FAQ's

Purchase an Owner’s Title Insurance policy to protect your property rights. 

For a one time fee, you can purchase a policy that protects the rights of how you use your property. This policy will stay active as long as you, or your heirs, own the property. Below are some frequently asked questions regarding Title Insurance and how it can benefit you. (Note: This policy is actually purchased by the Sellers' of the property once you are under contract on the property.) 

What is a Title?
A Title is your right to own and/or use your property. This document will state any limitations of those rights. 

What is Title Insurance?
Title Insurance is a policy issued to protect both the buyer and the lender, against any loss due to a title…

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Why You Should Use Local Real Estate Websites Instead of National Websites

Have you been searching for your next home online? Are you feeling overwhelmed by all the websites and search engines available? Don’t be! We are here to help guide you through searching for your next real estate purchase!

When you go online to search for properties for sale, you can become inundated with resources. Some ads are legitimate and some are so vague you can’t even figure out who to contact about the property. One of the most common websites available is Zillow.com, but did you know it is an open platform and anyone can put information on there? It’s true! One of the major issues homebuyers have is not knowing if the information is legitimate or a scam. For example, Zillow.com especially will post "Zestimates". Montana is a…

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4 Reasons to Buy a Home Now

Thinking of purchasing a home this summer? Here are four reasons why you should consider purchasing NOW!

1.  Increasing Prices

Over the last twelve months, home prices have appreciated by 3.7% according to CoreLogic’s latest report on U.S. Home Price Insights. The projections over the next year reflect an additional appreciation of 4.8%. With increases like these, waiting to buy doesn’t make sense.

2.  Mortgage Interest Rate Increase Projected

The Primary Mortgage Market Survey compiled by Freddie Mac reflects interest rates over a 30-year fixed-rate mortgage have started to average around 4.3%. Experts in the market are predicting the rate will increase over the next twelve months as well. Who are these experts you ask? The Mortgage…

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Want to Know The Best Time to Buy or Sell Your Luxury Home?

I have broken down the numbers over a 5 year period.  I calculated anything over $800,000 in Bozeman City Limits. I went the extra step and broke the numbers down by quarter so you can decide when you should buy or sell your luxury home in Bozeman city limits.

• Quarter 2 and Quarter 3 have the most home sales
• Quarter 4 has the highest sales price but the fewest units sold

Please note I did not post 2014 as mentioned in the video.  I can tell you there were a total of 4 sales of $800,000.  Two homes sold in Jan and March with sales prices averaging $846,500.  One sale took place in June, averaging $800,000. The final sale took place in December and averaged $1,075,000.

If you have any questions about this post please call me…

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Why Rent When You Can Own?

Are you thinking of home ownership?

Are you tired of renting?  Are you wanting to live by your own rules, rather than some strangers? Are you tired of being told you can't have a dog? Are you tired of your landlord telling you they are coming to do a walk through, or you have to move because your landlord is selling? 

It doesn't really matter what your "Why Buy" reason. Now is a great time to get out of your rental and into your own home.

We know the thought of homebuying can be stressful, but we are here to help make the process easier and to answer any questions you may have including:

• How do I get pre-qualified?
• How much home can I afford?
• How long does it take to close on a home?
• What is the home buying process like?
• How much is a Buyer's…

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