Category: Home Buying Tips
Home Buying Tips
Lessons From a First-Time Home Buyer: Hosting Our First Guest in the House
by Kyle Burbank
After more than a year in our new home, we finally hosted our first guest last month. While the ability to have overnight guests was a partial factor in why we elected to upgrade to owning a home versus renting a one-bedroom apartment, the amount of time that it took to actually have someone over is more a testament to just how few people we know. In any case, while...
Home Buying Tips
Lessons From a First-Time Home Buyer: Average Annual Homeowner Expenses vs. Mine
by Kyle Burbank
In one of my daily searches for financial news recently, I came across a report from the site Real Estate Witch (which is owned by Clever Real Estate) detailing how much the average American homeowner spends on their house — not even including their mortgage. What it found was, heading into 2025, the average per year is a whopping $24,529. That figure is up significantly from the $17,958 annual average...
Home Buying Tips
Lessons From a First-Time Home Buyer: How the Pros We Worked With Are Still Helping Us
by Kyle Burbank
A few months ago, I wrote about how the professionals we choose to work with when buying our home made a huge difference and made our experience a positive one. Now, one year later, I'm somewhat surprised to say that they continue to help us out on a regular basis despite the transaction that first brought us together being well behind us. So, between that milestone and with it being...
Home Buying Tips
Lessons From a First-Time Home Buyer: One Year as Homeowners
by Kyle Burbank
It feels absolutely crazy to say but it's now been a full year since we closed on our house. Perhaps it doesn't feel as long since we didn't actually move in until closer to Christmas — but, either way, time has flown. Before my wife and I got married, her mother said something to her about getting to know someone in all seasons. Well, now, we've come to know our...
Home Buying Tips
Lessons From a First-Time Home Buyer: The Problem with Appliance Repair "Quotes"
by Kyle Burbank
When we were buying our house, one piece of advice we were given was, "Get three quotes before hiring someone for repairs." While this sounds like a lot of work, I can absolutely appreciate this tip. After all, even when you're potentially spending thousands of dollars, saving any money you can is still important. As I shared, a few months ago, our water heater broke, ultimately leading us to replace...
Home Buying Tips
Lessons From a First-Time Home Buyer: What Fed Rate Cuts Could Mean for Home Buyers and Owners
by Kyle Burbank
Yesterday, for the first time since 2020, the Federal Reserve cut interest rates. In fact, to the surprise of some observers, the rate was cut by half a point (as opposed to the quarter point that was widely anticipated). For many people, this update might not mean much — but, for those who have been looking to buy a home or who purchased during recent rate highs, this could be...
Home Buying Tips
Lessons From a First-Time Home Buyer: 5 Safety and Security Items We've Purchased for Our House
by Kyle Burbank
When you're a renter, there's a certain level of safety and security that your landlord is required to provide. So, when you become a homeowner, suddenly you're solely responsible for these important aspects of your life. And, of course, this also likely means spending more money to protect yourself. In our case, since moving in last year, we've made at least a few purchases related to keeping ourselves and our...