Our Real Estate Blog
A home inspection often plays a key role in the homebuying journey. If an inspection shows that there are no underlying problems with a house, you should have no trouble moving forward with a home purchase. On the other hand, if an inspection reveals a variety of structural problems with a house, you may need to reconsider your purchase decision.
Ultimately, a homebuyer who knows what to expect during a home inspection can plan accordingly. This buyer also may be better equipped than others to accept the results of an inspection and make an informed choice about whether to move forward with a home purchase.
What does it take to achieve the best-possible results during a home inspection? To find out, let's take a look at three tips to ensure you can prep for a house inspection.
1. Hire an Expert Home Inspector
There is no shortage of home inspectors available in cities and towns nationwide. However, employing an expert home inspector will require you to conduct an in-depth search.
When it comes to finding an expert home inspector, it pays to search far and wide. Because if you have an expert home inspector at your side, you can boost the likelihood of identifying major and minor house issues during an inspection.
2. Assess Every Area of a House
Oftentimes, a home inspection takes several hours to complete, and for good reason. In order to fully evaluate a residence, you'll want to be diligent. That way, you can minimize the risk of missing potential problems as you perform a home assessment.
As you walk through your house with an inspector, don't hesitate to ask questions too. In fact, a home inspector may be able to provide insights into home problems and repairs that you might struggle to obtain elsewhere.
3. Collaborate with a Real Estate Agent
A real estate agent can help you find your dream house, as well as put you in touch with the top home inspectors in your area. Plus, this housing market professional likely will walk through a house with you during an inspection to ensure you can get the support you need to make an informed homebuying decision.
Furthermore, a real estate agent is happy to consult with you before and after a home inspection. Prior to an inspection, a real estate agent will help you put together a plan to assess a house. Meanwhile, after an inspection, a real estate agent can discuss the inspection results with you and help you determine the best course of action.
Let's not forget about the assistance that a real estate agent can provide throughout the homebuying journey, either. This housing market professional can help you streamline your search for your dream house, submit a competitive offer on a residence and ensure you can purchase a terrific house at a budget-friendly price.
A home inspection may seem daunting at first. Luckily, if you plan ahead for a home inspection, you can use the assessment to gain the insights that you need to determine whether a house is right for you.
Buying a house is a life-changing decision. As such, you should perform extensive home evaluations before you make your final purchase decision.
There are many questions to consider as you review houses, and these questions include:
1. Does a home match my expectations?
Entering the housing market with homebuying criteria usually is a good idea. If you know what you want to find in your dream house, you can tailor your home search accordingly. As a result, you can speed up the homebuying journey.
When it comes to establishing homebuying criteria, it helps to consider your short- and long-term goals. For example, if you want a house that is close to your current office in the city, you can search for residences in towns and cities near your workplace. Or, if you are willing to upgrade a house on your own, you may want to focus on "fixer-upper" properties.
2. Can I afford a house?
Home prices vary based on many factors. Fortunately, if you create a homebuying budget, you can narrow your house search and review properties that fall within your price range.
Oftentimes, it helps to get pre-approved for a mortgage. Banks and credit unions are happy to provide you with a wide assortment of mortgage options. Once you assess the different types of mortgages, you can choose one that will ensure you can acquire your dream home in no time at all.
3. Will a home require in-depth repairs in the near future?
How a home looks today may not match how this residence looks in the years to come. As you evaluate residences, it may be beneficial to consider potential repairs.
For instance, if a house likely will require a new roof in the next few years, you may need to budget for this expense. Conversely, if a home is brand new or recently has been upgraded, you may be able to avoid costly, time-consuming repairs in the foreseeable future.
If you want to streamline your home search, you can hire a real estate agent too. In fact, if you employ a real estate agent, you can receive comprehensive support throughout the homebuying journey.
A real estate agent has a simple goal: to help you find a great house at a budget-friendly price. To accomplish this goal, a real estate agent will learn about you and your homebuying criteria and craft a personalized homebuying strategy. Plus, a real estate agent will set up home showings, offer expert homebuying recommendations and help you submit an offer to purchase your dream residence. And if you have homebuying concerns or questions, a real estate agent is available to respond to them at your convenience.
Lastly, be careful as you evaluate available homes in your preferred cities and towns. Keep in mind that no house is perfect, and any residence you buy may increase or decrease in value over time. And if you find a home that you want to buy, prepare a competitive offer, and you can boost the likelihood of receiving an instant "Yes" from a property seller.
Want to buy a house? If you plan ahead for the homebuying journey, you may be better equipped than ever before to reap the benefits of a seamless homebuying experience.
Now, let's take a look at three tips to help you prepare for the homebuying journey.
1. Figure Out Where You Want to Live
Do you prefer the hustle and bustle of the big city? Or, would you like to reside in a small town? Think about where you want to live, and you may be able to speed up the homebuying journey.
A homebuyer who narrows his or her search to houses in a set number of cities and towns may be able to quickly discover the ideal residence. Thus, if you know where you want to go, you can act fast to pursue your dream house. And once you find your dream home, it may be only a few weeks before you can finalize a home sale.
2. Obtain a Mortgage
A mortgage generally is a must-have for a homebuyer, regardless of where he or she decides to live. If you submit a mortgage application before you embark on the homebuying journey, you can enter the real estate market with a budget in hand.
Oftentimes, it won't take long to get pre-approved for a mortgage. You can meet with a variety of banks and credit unions, and these financial institutions can teach you about a wide array of mortgage options. Next, you can select a mortgage that satisfies your personal requirements.
When you meet with banks and credit unions, don't hesitate to ask plenty of questions, either. If you receive expert mortgage insights, you can make an informed mortgage decision that likely will serve you well for years to come.
3. Consult with a Real Estate Agent
Let's face it – pursuing a home should be a quick, easy process, but problems may arise that prevent you from buying your ideal residence. Thankfully, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you make your homeownership dreams come true.
A real estate agent is a housing market expert who can teach you how to discover a terrific house at a budget-friendly price. This housing market professional can explain the differences between a buyer's and seller's market and help you map out a successful homebuying journey. That way, you may be able to improve your chances of acquiring a superb residence if you hire a reliable real estate agent.
In addition, a real estate agent will serve as your guide along the homebuying journey. He or she will keep you up to date about new residences that become available, set up home showings and help you submit homebuying proposals. And if you ever have homebuying concerns or questions, a real estate agent is available to respond to them.
Achieve the best-possible results during the homebuying journey – use the aforementioned tips, and you can plan ahead to acquire your ideal residence.
If you’re hunting for a new home and have come across one that fits all of your requirements and more, it can seem like the only thing you can do is make an offer and wait.
However, your first choice could also be another buyer’s dream home. And, if a higher bid isn’t feasible, you have to find other ways to win over the seller. One way this can be achieved is through writing a letter to the owner of the home.
If you’re bidding on your dream home, writing a letter the the owner can be anxiety inducing. Choosing what to reveal and finding the right words can be scary, even for the most seasoned writer.
So, in this article we’re going to walk you through writing a letter to a seller to give you the best possible chance of winning the bid for a new home.
Tell them why you love their home
If you’ve fallen in love with certain aspects of the home, there’s a good chance the sellers did too. Be personal in your explanations. Rather than just say you love the location, mention that it is a perfect distance to walk to the playground with your children or pets. This will help buyers better understand you and your story.
If you have family who lives nearby, or if the home has features that can greatly improve the life of you, your family, or your pets, be sure to mention this in the letter as well.
Don’t press or plead, just be polite
It can seem desperate and off-putting to receive a letter pleading with you to sell your home to someone. So, when you’re writing your letter and you come to the end, simply thank the buyer for their time and for reading, compliment them once more, and wish them luck in their new home.
Revise and review
It can be tempting to send your letter immediately after writing it, especially if writing is you don’t like writing in general. However, it’s always a good idea to revise. I suggest writing your letter one night, then reading it again the next evening to give yourself time and distance from it--this way you’ll be reading it with fresh eyes and will be able to find any wording that sounds strange or confusing.
It’s also a good idea to run your writing through a free proofreader like Grammarly. And, finally, there is no substitute for having an editor. Ask one of your friends or family members to read the letter and give you feedback.
Stand out from the crowd
There are a few things you can include in your letter to set you apart from other potential buyers. Including a family photo will help the sellers put a face to the names you mention in the letter.
It can also be helpful to print and mail the letter, rather than sending it electronically. Since we so rarely receive a physical copy of a letter these days (unless it’s from a bill collector), it can be nice to receive something positive in the mail for a change.
If you have been looking for homes online for some time, you may be tired of viewing them on a screen. While online home searches are helpful and a perfect starting point for finding a home, you need to see a home to get a feel for it. Whether you are attending open houses or have set up private showings with your real estate agent, there are certain things that you can do to make the most of touring potential homes. You only have a limited amount of time to see a home. Your agent won’t wait around for you all day while you explore every nook of a house and people still live in the house. There’s a good chance someone may need to come back in at some point! Read on for tips on how to use your time and resources wisely when it comes to searching for a home to buy.
Don’t Waste Time
First, you should select the right homes to view. Don’t waste your time looking at properties that you can’t afford or aren’t the right size for you. From your online search, make a list of properties you’d like to see in person. You can narrow down your search quickly by doing the following:
Carefully read property details
Check out the photos of the home in detail
Find out from your realtor if there are any comparable properties for sale
Know What You Can Afford
If you can’t afford a property, don’t waste your time looking at it. Be realistic in your home search, finding the properties that will suit your needs and your budget. Remember that many factors go into a listing price for a home including the location, the size of the house, the neighborhood, the amenities, and more. The bottom line is to stick with homes that fall in your budget to make your search much more manageable.
Work With Your Realtor To Schedule Home Showings
Make use of your agent. They can schedule private showings for you or alert you to upcoming open houses. You can send your agent a handful of listings that you’re interested in, and they can make a schedule for you to maximize your time seeing properties in specific locations.
Hiring a real estate agent is an essential step in buying a home. They can help you to find and view the properties that could potentially come your next home.