Michelle Luong's Blog
Buying a home can be fast and easy for just about anyone. However, becoming the "perfect" property buyer can be challenging, particularly for those who are shopping for a house for the first time.
The perfect homebuyer understands what it takes to land his or her ideal house at the best price. As such, he or she will know how to handle difficult homebuying situations and streamline the process of going from property buyer to property owner.
Ultimately, becoming the perfect homebuyer may be easier than you think – here are three tips to help you acquire your ideal residence quickly and effortlessly.
1. Study the Real Estate Market Closely
The real estate market has many ups and downs, but the perfect homebuyer will know the ins and outs of the housing sector. By studying the real estate market closely, this property buyer will be able to identify the right opportunities and overcome any potential homebuying hurdles.
Spend some time looking at the prices of homes that are currently available. This will allow you to find homes at price that you like – and homes at prices that you don't like – and map out your homebuying journey accordingly.
Also, take a look at homes that recently sold in cities or towns where you'd like to live. This will enable you to differentiate between a buyer's market and a seller's market.
2. Know What You Can Spend on a Home
The perfect homebuyer should have no trouble avoiding the temptation to overspend on a house. In fact, this homebuyer will understand how to get pre-approved for a mortgage, which will ensure that he or she can establish a property buying budget.
To get pre-approved for a mortgage, a homebuyer should meet with several banks and credit unions. Each meeting will enable a homebuyer to learn about the mortgage options that are available from a variety of lenders. Plus, a homebuyer can ask questions and discuss myriad mortgage options with these lenders.
With pre-approval for a mortgage, a homebuyer will be able to enter the housing market with a budget in hand. Then, this property buyer can narrow his or her search for the ideal residence.
3. Collaborate with a Housing Market Professional
Becoming the perfect homebuyer may require you to receive housing market guidance at times. Fortunately, if you work with a real estate agent, you can get top-notch support as you navigate the homebuying journey.
A real estate agent is a housing market professional who will go above and beyond the call of duty to assist you. He or she will be able to provide homebuying recommendations to help you make informed decisions. Also, a real estate agent will be able to keep you up to date about new houses as they become available, guaranteeing that you can speed up the homebuying process.
When it comes to buying a home, it is essential to do whatever it takes to acquire a first-rate residence at a budget-friendly price. Take advantage of the aforementioned tips, and you can move one step closer to doing just that.
There’s many theories about when the best time of year to buy a home is. It’s spring, right? Not necessarily. Spring is one of the busiest times of the year for real estate but it’s not always the best time of year to buy a home. The emphasis on home buying in spring tends to be rooted in the fact that spring is associated with all things “new.” However, these misperceptions about the housing market can be detrimental to homebuyers.
Spring And Summer Are Top Times To Sell
Many people get the urge to sell their properties in the spring and summer simply because they get new perspective after being cooped up in the house all winter long. People are ready for a change after the long winter. Moving close to the summertime works well with traditional school calendars. For some people, selling in the warmer months of the year is the best time, but it doesn’t hold true for everyone.
Others suggest that the best time to sell a home is in fall or winter. People who are looking to buy in the end of the year are often buying for a purpose. Their need to move is much greater. It could be due to family issues, home repair needs or other crucial factors, but these buyers are motivated. On the flip side, there’s less homes to look at since inventory tends to be lower at this time of the year.
In the spring, while many people are looking, their need to buy is much less urgent, so the demand is less. There’s a potential for more competition in the spring if you are a serious buyer just because of the high volume of shoppers.
Remember one key fact: spring starts in January when we talk about real estate! The number of listings will continue to ramp up until about mid-May. Buyers will be looking throughout the summer months. Then, the number of buyers starts to drop off in September.
The Bottom Line
There is really no “right” time to buy or sell real estate. The right time has to do with what works best for you. If you’re starting your search, it’s best to begin in the spring, but you may very well land the best deal in the fall when there’s less competition. When you start a serious home search, you get a better idea of what you want. You also don’t want to let the perfect house pass you by because you were waiting for “just the right time.”
Some Additional Tips:
- Avoid Closing Around Christmastime
- Know Your Moving Timetable
- Consider How Long It May Take You To Find A Home
- Remember That Closings Take At Least 30 Days
Whenever you buy a home, choosing a knowledgeable real estate agent can help you to close a great deal on your home whether you’re buying or selling. By planning ahead, the process will go much smoother.
When it comes to making a good impression on prospective home buyers, small details can make a big difference! Not only do you want prospects to see your home as being clean, neat, and well organized, but it should also leave them with a good overall feeling.
Even though it can be a bit of a hassle to continually prepare your bathrooms for house showings, there's no bigger turnoff to prospective buyers than a grungy bathroom! Generally speaking, if people cringe at any aspect of your home (especially the bathrooms or kitchen), then they're probably not going to make an offer on your property.
In addition to making all fixtures and surfaces sparklingly clean, winning over potential buyers also involves making your home look inviting.
One thing many home sellers overlook is the condition of their bathroom towels and washcloths. If they're wet, bedraggled, or ragged looking, then that's going to send the wrong message to buyers. There are a variety of ways to overcome that, including putting out brand new, colorful towels that have never been used before (Just make sure to take off the store tags before putting them on display!).
If they're neatly folded and strategically placed, then they'll convey an impression of freshness, cleanliness, and neatness. Those are among the key qualities people want to see when they're considering buying your home. By making sure your house is well organized, uncluttered, and tastefully decorated, you're also giving the impression that you and your family take pride in the appearance and upkeep of your home. This is sure to score many Brownie points with potential buyers!
Besides ragged-looking towels, another subtle, but powerful turnoff for buyers is old-looking curtains. Although you may be so accustomed to your old curtains that you don't even notice or see them any more, there's a good chance they'll stand out like a sore thumb to other people! If the appearance of your curtains degrade the rest of the room, then that one aspect could literally be a deal killer. As the expression goes, "A chain is only as strong as its weakest link." People may not know exactly why they weren't favorably impressed with your home -- even though it met all their basic requirements --but it could be something as simple as grungy, faded, tattered-looking curtains, rugs, or towels. It's often an easy, relatively inexpensive fix, but you have to be aware of the problem before you can take corrective action.
Working with a real estate agent to help you present your home in its best light can make the process go much more smoothly and result in a faster sale. Experienced agents will also provide you with valuable advice, guidance, and marketing assistance that can favorably affect the actual selling price and the length of time your home remains on the market.
There are few things more frustrating than finding out that the plants you’ve been tending to all summer have been overrun with insects and aren’t producing any fruit. Perhaps even worse is when you find a trail leading into your pantry where your food has been compromised by a tiny army of ants.
Keeping the pests out of your home and garden is a difficult task made even harder if you want to do it without using harsh chemicals and pesticides. However, there are ways you can effectively keep your food safe. In this article, we’ll show you how.
Protecting your garden from pests
The most important tool you have at your disposal when it comes to protecting your lawn, flowers, and garden from pests is your own vigilance.
In the garden, take note of the condition of your plants’ leaves. Look on the underside of them for small, yellow or brown dots. These are often insect eggs that will soon hatch and result in your plants being devoured before they can produce crops.
As a last-ditch effort to keep the bugs away, you can try spraying your plants with a homemade insecticidal soap spray. These sprays are usually 95% water and then a small amount of pure castile soap or vinegar. Be sure not to use too much or this can harm your plants or soil.
Whether you live in the city, the suburbs, or in the country, there are likely to be some furry creatures who see your garden as a food source. One way to keep many away is by framing the garden with a simple metal wire fence.
If it’s flowers you’re worried about, try planting them in mulch and keeping the leaves dry when possible. This will avoid excess moisture which can cause plant-killing diseases. Using a watering can rather than a hose will help you target the base of the plant and keep the leaves dry.
Keeping the bugs outside
Regardless out whether your home is old or new, you’ll likely someday find yourself with an insect problem. Some are lured in by warmth in the cold seasons, others are seeking a food source.
Let’s begin on the exterior of your home. Check for cracks in your foundation and along doors and windows and seal these cracks up. Next, if there’s a space under your door, install an aluminum door threshold if there is a gap between your door and the floor. While you’re there, make sure the weather stripping on your door is in good condition.
Next, make sure all of the screens in your doors, windows, and other ventilation areas are in good condition. Even the tiniest tear can be enough to let in flies and other insects.
The final step in keeping the bugs out of your home is to remove what’s luring them there in the first place. Store your food in airtight storage containers within your cabinets. Not only will this keep bugs away, but it can also make organizing food easier, especially things you might not use often, like flour or a large bag of sugar.
Selling a home may seem exceedingly difficult, particularly for those who are adding a residence to the housing market for the first time. Fortunately, there are many quick, easy ways to streamline the home selling process.
Now, let's take a look at three tips that you can use to become an expert home seller.
1. Examine Housing Market Trends
The current state of the real estate market may play an important role in your ability to maximize the value of your residence.
For example, a buyer's market may feature a shortage of property buyers. When this happens, home sellers may compete against one another for property buyers' attention more than ever before, leading to below-average home prices.
It is essential to consider how a seller's market works too.
In a seller's market, there is a shortage of home sellers. This means you may be in a great position to optimize the value of your residence, particularly if you have maintained a high-quality property. In fact, you may wind up receiving multiple offers on your home as soon as it reaches a seller's market.
To find out whether you're operating in a buyer's or seller's market, you'll need to study the real estate sector closely.
Look at the prices of recently sold homes and find out how long these properties were available before they were purchased. Also, you should check out the prices of comparable homes that are currently available to find out how your house stacks up against the competition.
2. Consider the Homebuyer's Perspective
How will a homebuyer feel when he or she sees your residence for the first time? Ultimately, the first impression may dictate whether a homebuyer moves forward with your home or decides to pursue other properties.
Allocate plenty of time and resources to enhance your home's curb appeal – you'll be glad you did. Completing home maintenance tasks like mowing the lawn and clearing exterior walkways may help your house stand out in a competitive real estate landscape.
Don't forget to declutter your home's interior as well. By doing so, you can make it simple for homebuyers to imagine what life would be like if they purchase your house.
3. Consult with a Real Estate Agent
Becoming an expert home seller rarely, if ever, happens overnight. Instead, you may need additional help along the way.
Lucky for you, real estate agents are available to teach you about the intricacies of selling a home.
A real estate agent is happy to respond to your home selling concerns and queries at any time. He or she can offer guidance throughout the home selling journey and ensure you can get the best results possible.
When it comes to selling your home, it is important to do everything you can to optimize the value of your property. And with extra support from a real estate agent, you should have no trouble stirring up plenty of interest in your residence.
Use these tips, and you can become an expert home seller in no time at all.