• Wappingers Office
    (845) 297 4700
    (845) 297 8178
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    (845) 485 2700
    (845) 485 2703
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    (845) 255 6757
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Home Buying Advice

What to Expect from a Smoker's Home

Smoking has become less and less popular over the decades, with the CDC reporting that the proportion of U.S. adults who smoke dropped from 20.9% in 2005 to 15.5% in 2016. Still, that number means that around 38 million potential home sellers are active smokers. Those who do smoke might be interested in learning just how much it reduces the value of their home, while everyone else is likely interested in knowing how to eliminate the smell of cigarettes from their new abode. Realtor.com recently wrote about this topic, offering some useful advice on how to deal with a smoker's home.

Buying a Home? Beware These Compromises

Without a doubt, compromise is an important part of the home-buying process. In fact, you are almost guaranteed to come up empty-handed unless you are willing to forego some of those items on your dream house checklist. Unfortunately, there is a fine line between making reasonable compromises and living with regret. No matter how frustrated you might become during the search for a new home, the following are some compromises that aren't worth making.

Save Money by Shopping for the Best Mortgage Rate

When shopping for a particular item, everyone is always on the lookout for the best deal, especially if it's an expensive purchase. This rule holds true for things like shoes, appliances, and cars, but many home buyers fail to shop around when it comes to the most expensive item of all: a mortgage. Freddie Mac recently analyzed just how much money buyers are losing out on over the course of their loan by failing to get multiple quotes, and the number wasn't cheap! In fact, they found that getting just one extra quote saves the average borrower over $1,400!