How to Have a Smooth Home Buying Experience

May 4th, 2017 Posted by Blog No Comment yet


Are you currently shopping for a new home? While it’s true that real estate transactions can be stressful, this stress can be minimized by following a few simple tips. For example, following proper etiquette plays a big role in making your real estate experience go smoothly, and in this post we’ll share four key tips that are sure to help.

Get Preapproved

Prior to shopping, a buyer should check with a lender to determine the maximum loan amount they qualify for. This is proper etiquette because both the seller and the real estate broker have likely prepared themselves and assume you have as well.

Keep It Professional

Shopping for a home seems personal, but keeping interactions on a professional level can ease the awkwardness of the process. One step in that direction is being considerate of others’ schedules. Proper etiquette includes being realistic about how many properties can be seen in a span of time. Allowing time for a seller’s special conditions, pets, or children is also good etiquette.

Negotiate Through a Representative

When it’s time to negotiate pricing between a buyer and seller, the real estate agent should be used as the intermediary. While touring a property, it is best not to make offers or discuss how much the house is priced for, or make any counter offers without involving the real estate agent. It is also not advisable to point out stains, outdated designs or noticeable damage in the hopes of getting a discount.

Use Closing Credits

Home sellers should not be surprised once a buyer has decided to close and begins to negotiate the price. Home inspections reveal problems a home has and the buyer’s willingness to continue negotiating can depend on how willing the seller is to address those problems. A closing credit can be a win-win for both parties. If the buyer and seller of the home agree on closing credits instead of repairs and inspections, the buyer has the option of hiring a contractor and dealing directly with the contractor if not satisfied. Meanwhile, sellers are typically ready to move out or are not living at the property, so closing credits save them time.

Well-mannered people handle real estate transactions in a way that lets them join the ranks of successful buyers and sellers who operate with as little stress as possible. The good news is that real estate agents can help with understanding what proper home-buying etiquette is. Get in touch with me if you or someone you know have any questions about the home buying process.

Remodeling on a Budget: How to Do it Right

March 29th, 2017 Posted by Blog No Comment yet


Renovating your home is a great way to get it ready to put on the market, or to update certain things to modernize the house. It can be difficult to come up with a budget and decide on which projects to tackle. Use these tips to come up with a budget that works for you so you can prepare for your upcoming projects.

Choose Your Priorities

You may have several items that need to be addressed, such as the outdated kitchen tiles or the stained living room carpet. But there are one or two things that have been on your mind for the longest. Usually, these are the things that are most necessary to get started on. Come up with an estimated cost for this repair first. You can then compare this amount to your budget and see how much room you have for more projects.

Plan for Extra Expenses

The downside to any home remodeling project is that almost certainly you will run into additional expenses that were not planned for. These extra costs can sometimes add up to break the bank and leave your task unfinished. Instead of being optimistic when estimating costs, add a little extra to expand your budget in case unexpected expenses come up. And if they don’t, you have some leftover for other things to fix up!

Determine an Economical Approach

At first glance it might seem that your entire bathroom needs to be remodeled. But maybe just painting the walls and cabinets is enough to achieve the look you are going for. It’s important to not get too carried away when planning for renovations. Focus only on what needs to be done, and how to get the most bang for your buck. If done right, you can increase the value of your home more than the cost of the repairs involved.

Upcoming renovations can be difficult to plan for. However, the most important thing to sort out before hand is your budget for the projects. Take your time to decide on what really needs to be done, and how to go about it in the most cost efficient way. If you have any questions about how remodeling can affect your home’s value, reach out to me and I’ll gladly answer your questions.

3 Tips You Must Read Before Buying Your First Home

March 21st, 2017 Posted by Blog No Comment yet


Buying your first home is a very exciting milestone in your life. However, the process may seem a little bit more daunting than expected. There are a lot of things to consider with such a major investment. If you are a first-time home buyer, here a 3 essential tips to prepare you for your first home purchase.

Determine Your Budget

You might have an ideal purchase price in mind, but there is another financial factor that you must consider before you start making offers. That is your debt-to-income ratio. You can find this percentage easily by adding up your total monthly costs, adding your future monthly payments associated with your new home, and dividing that number by your monthly gross income. Ideally, the percentage you get should be below 43% to avoid any issues with the mortgage process. This often gets overlooked in the excitement of house hunting.

Check Your Own Credit

If you have not checked your credit score and history in a while, it is certainly time now. Your credit is going to play a huge role in your mortgage approval process. The better your credit, the better your mortgage rate. Fortunately, you can get a free yearly credit report online. It’s important that you check it as early as possible to give you enough time to clear up anything that may hurt you such as delinquent accounts, or balances in collections. If you get on top of your credit, you will be in great shape for your purchase.

Consider All of Your Options

It’s easy to get carried away and fall in love with a house right away. This is especially true when it’s your first time buying a home. While it’s very exciting to choose a future place to live in, you have to make sure that you consider all of the available properties that match your criteria. It’s good to have backup options in case your first choice doesn’t work out. That way, you won’t be disappointed either way, and you won’t have to scramble later on to find a house.

There are a lot of things to consider when buying a home. If you’re a first-time buyer, remember these tips to give you an advantage for the process. This is a very exciting time in your life, and you want to make sure you do it right. If have any questions regarding your first buy, feel free to contact me.