Jeffrey Harrington's Blog
If you've always dreamed of owning a house, there is no need to wait to enter the real estate market. In fact, there are many reasons to kick off a house search today, and these include:
1. You can upgrade from your current residence.
If you live with family members or friends or rent an apartment, buying a home may represent an upgrade. Because when you purchase a residence, you can reap the benefits of having your very own living space.
There is no shortage of high-quality houses available in cities and towns nationwide. Regardless of whether you prefer the comfort of small town living or the hustle and bustle of city life, you can check out a broad range of houses at your convenience. Then, you can discover your dream residence, submit an offer to purchase it and move one step closer to making your homeownership dream come true.
2. Many home financing options are available.
One of the biggest issues that often prevents people from pursuing homes is a lack of financing. Fortunately, banks and credit unions offer a variety of mortgage options designed for individuals of all incomes.
Whether it's a fixed- or adjustable-rate mortgage, you're sure to find a mortgage option that complements your finances perfectly. Plus, banks and credit unions are ready to teach you everything you need to know about different types of mortgages. And if you are unsure about how a mortgage works or which mortgage option to choose, friendly, knowledgeable mortgage specialists are available to assist you.
3. You can receive plenty of support throughout the homebuying journey.
Let's face it – buying a home can be a daunting task, particularly for an individual who is entering the real estate market for the first time. The sheer volume of top-notch houses sometimes makes it tough to differentiate a good home from a great one. Meanwhile, navigating the homebuying process can be stressful, and challenges may arise that make it difficult for a homebuyer to achieve his or her desired results.
If you enter the housing market today, you can hire a real estate agent who can help you streamline the process of going from homebuyer to homeowner. This housing market professional will offer expert insights into all aspects of the homebuying journey. In addition, he or she will go the extra mile to ensure that you can quickly and effortlessly acquire your dream home at a price that matches your budget.
Of course, a real estate agent will help you map out a successful homebuying strategy too. He or she will meet with you, learn about your homebuying goals and help you plan accordingly. And if you have concerns or questions at any point during the property buying journey, a real estate agent can respond to them.
Launch a home search today – you'll be glad you did. If you pursue your dream home with help from a real estate agent, you can seamlessly navigate the property buying journey.
If you're ready to sell your home, you may wonder if the time is right. Timing is truly everything when you’re selling a home. If you have some flexibility, it might be a good idea to wait to sell your home. Even with time constraints, there are a few strategies to employ that can help you find the sweet spot in your time frame.
The Month Matters
It’s widely accepted in the real estate community that the best time to sell a home is in the spring. Since people want to get moved in over the summertime, May could be the best month of the year to put your home on the market.
Springtime offers favorable weather conditions in most places. The good weather means that it’s easy for buyers to get to open houses. Homes will also look more attractive with green grass and flowers blooming. Parents also want to get their kids settled into a new home and new neighborhood over the summer months before they start a new school.
The favorable conditions along with the urgency of springtime buyers translate into more competition which equates to a better price tag for your home because buyers are willing to pay more due to the anxiety of wanting to find a place.
The Day Of The Week Matters
Most buyers start looking for homes when they have free time which is generally on the weekend. That means the end of the week- preferably a Thursday- is a good day to pick to list your home. Homes that were listed earlier in the week will be farther down on the search page. Buyers will be more likely to see your listing first the later in the week that it’s listed.
Consider Your Needs
While timing is a good marketing strategy to sell your home, you need to go by your own timeline. If you need to move due to a job change or other life circumstances, you can’t wait to sell. There are pros to selling during many different times of the year; it just may not be as busy or competitive on the buyer’s side of things. Selling your home fast might not be a sure thing. No matter what time of year you decide to sell your home, just make sure it’s inviting to buyers.
Entering the real estate market and buying your dream home may seem simple at first. However, problems may arise that make it tough to secure your ideal house at a price that matches your budget.
When it comes to finding the right home at the right price, it helps to prepare. Fortunately, we're here to help you get ready to enter the housing market and ensure you can quickly and effortlessly discover your dream residence.
Now, let's take a look at three tips to simplify the homebuying process.
1. Create Homebuying Criteria
Purchasing a house is rarely easy, particularly for a property buyer who has no idea how to kick off a home search. But if you establish homebuying criteria, you can speed up the process of going from homebuyer to homeowner.
Allocating time and resources to create homebuying criteria is essential because it forces you to consider where you want to live and what amenities you want to find in your dream residence. Plus, once you have homebuying criteria at your disposal, you can start your home search and move one step closer to acquiring your ideal residence.
2. Obtain Home Financing
Home financing is paramount, particularly for property buyers who want to avoid the risk of spending too much to purchase a house. Thankfully, banks and credit unions can teach you about a variety of mortgage options and help you secure the financing you need to buy a home.
Typically, a lender will meet with you and outline your mortgage options. It also will explain the differences between fixed- and adjustable-rate mortgages and respond to any of your mortgage concerns and questions. Then, after you review your mortgage options, a lender will help you make an informed home financing decision.
Don't wait to get home financing, either. If you have home financing in hand when you launch a home search, you may be better equipped than other buyers to quickly submit an offer to purchase a home.
3. Work with a Real Estate Agent
For those who want to avoid challenges throughout the homebuying journey, it generally is a good idea to collaborate with a real estate agent. In fact, a real estate agent will do everything possible to help you identify and resolve homebuying problems before they escalate.
A real estate agent is a housing market expert and is happy to assist you as you proceed along the homebuying journey. If you are interested in houses in specific cities and towns, a real estate agent will keep you up to date about residences that become available in these areas. Or, if you want to submit an offer to purchase a house, a real estate agent will help you put together a competitive homebuying proposal. Best of all, if you have homebuying concerns, a real estate agent will address them right away.
Ultimately, buying a house can be easy. Use the aforementioned tips, and you can streamline the homebuying cycle.
Adding your residence to the housing market can be tricky. And for those who are unprepared for the potential pitfalls of the real estate market, it may be difficult to get the best results from the home selling journey.
Fortunately, we're here to teach you about the housing market so you can understand what it takes to optimize the value of your home.
To better understand the ins and outs of the real estate market, let's take a look at three common misconceptions that are frequently associated with selling a house.
1. Your home has increased in value since you initially purchased it.
What you paid for your house a few years ago is unlikely to match what it is worth today. As such, it is important for a home seller to understand the current state of the real estate so he or she can price a residence accordingly.
A home seller should look at the prices of comparable residences before adding his or her home to the housing market. By doing so, this home seller can see how his or her residence stacks up against the competition and price it based on the current housing market's conditions.
Also, a home seller should complete a property appraisal. This evaluation allows a home seller to receive expert insights into a house's pros and cons. Plus, a home appraisal ensures a property seller can prioritize myriad home improvement projects to help boost a house's value.
2. You should have no trouble stirring up plenty of interest in your house.
Although a home seller enjoys his or her residence, there is no guarantee that homebuyers will feel the same way. Therefore, a home seller should allocate the necessary time and resources to enhance a property's appearance both inside and out.
Completing simple home exterior improvement projects like mowing the front lawn and clearing dirt and debris from the walkways can make a world of difference in homebuyers' eyes. These home exterior improvements will help you bolster your house's curb appeal and boosts your residence's chances of making a positive first impression on homebuyers.
In addition, don't forget to declutter your residence's interior as much as possible. This will make it easy for homebuyers to imagine what life may be like if they purchase your home.
3. You don't need support from a real estate agent.
When it comes to selling your residence, it is always better to err on the side of caution. With a real estate agent at your side, you may be able to accelerate the home selling process and improve your chances of maximizing the value of your house.
A real estate agent will help you manage challenges throughout the home selling process. He or she will show you how to list your residence and promote it to the right groups of homebuyers, along with provide comprehensive responses to your home selling questions.
Employ a real estate agent to guide you along the home selling process – you'll be happy you did. A real estate agent will do everything possible to ensure you can sell your residence quickly and effortlessly.
Finding a new home that will meet your family's current and future needs requires a clear mental picture of what you want and your desired lifestyle.
While you may not be able to get every item on your new-house wish list, knowing your priorities is the first step to realizing your goals.
For many growing families, having a spacious eat-in kitchen is a high-priority. Here are a few reasons a large kitchen can enhance the enjoyment of your new home.
Entertaining guests: If you like to host holiday gatherings, birthday parties, and other celebrations at your home, a spacious kitchen lends itself to everything from food preparation and buffet setup to mingling with your party guests. Kitchens are a focal point of social gatherings, and can play a major role in the success or failure of your parties, dinners, and other events.
Increased efficiency: Without enough counter space and room to comfortably move around, meal preparation can turn into more of a chore than a pleasure. Ideally, there should be unobstructed paths between key work stations, including the stove and kitchen sink (You'll want to have a clear path when you're ready to drain cooked pasta or carry pots of water to the stove.) Generally, the more people you're serving, the more crucial it is to have plenty of space for working, staying organized, and keeping track of cooking times. Since food preparation is both an art and a science, it requires planning, proper execution, and the freedom to express your creativity.
Family harmony: There are at least two ways that ample kitchen space can contribute to harmonious family relationships. First of all, gathering in the kitchen at mealtime, every day, helps foster good communication between members of your family. When you're facing each other and sharing stories, plans, and concerns at the kitchen table, it's easier to know what's going on in the lives of your spouse and children. A roomy kitchen also helps keep the peace in your family. For example, when more than one person is getting a snack, making a meal, or cleaning up, having a little extra space can help keep family members from bumping into each other and feeling cramped. Conflicts sometimes arise, especially among siblings, when there's a shortage of personal space. On busy days when everyone is rushing in opposite directions, often at a hectic pace, having enough counter and floor space in the kitchen can help minimize drama and keep family traffic flowing smoothly.
Whether you're entertaining dinner guests or baking cookies for a school bake sale, the process is sure to go more smoothly when you have sufficient counter space and a work flow area that helps gets things done in the shortest period of time.