Realty Executives of Hickory

Michelle Hrin

Michelle Hrin

Blog

WHY WORKING FROM HOME MAY MEAN IT'S TIME FOR A NEW HOME

(Published on - 4/1/2021 4:04:00 PM)

Why Working from Home May Mean It's Time for a New Home

One of the biggest changes 2020 brought was a major switch to working from home. More and more employees are working remotely, either temporarily, or even permanently. But with this lifestyle change come other things that may no longer fit, like your house. 

Your home may have suited your needs when you were working in an office, but if you’re suddenly having to bring your work home, you might find that you no longer have the space or the comfort you crave. Here’s why it may be time to buy a new home.

 

Your Home Needs to Be Multi-Functional

If you’re working from home 8 hours a day or studying remotely, then an office space is in order. You can use your kitchen counter, your sofa, your bed, or your coffee table, but your productivity is probably not going to be the same as it would be in a dedicated space. Plus, this kind of improvised arrangement tends to lead to blurred lines between work and home life.

Having a separate office space not only helps you physically contain and separate your work from your personal life, but it can also act as an effective psychological barrier. You know that when you step into that space, you’re in “work mode” and at the end of the day, you can lock the door behind you and allow yourself to transition back to a “home” mental space. 

Your Home Needs to Be Conveniently Equipped

If you’re going to be spending time at home and relying on your own amenities for work, then you might need to step up your devices and plans. Since you’re relying on Wi-Fi for all your work needs, it’s a good idea to check who covers your area and what your best options are. You might be surprised to realize that you’re stuck in an area with spotty coverage, in which case, a move may be imminent. 

There’s also the issue of cost – you have to make sure you’re getting the best deal, since you’re paying for your own internet, phone, electricity, etc. You may be also thinking about upgrading other aspects of your home, like your lighting, thermostat, or even your security cameras. Smart devices can save you a lot of money in the long run, so it makes sense to prioritize that feature when looking for a new home. 

You Could Use Some Outdoor Recreation

If you were living in an apartment before, or in a home with a small backyard, you are probably craving a patch of grass and some sunlight, and with good reason. Most employees who work from home want that outdoor space for recreation purposes – or even working outside in the sun.

A yard with some space to lounge in and some fun amenities like a pool and some lounge chairs turns your backyard from a drab suburban space to your personal party pen. Imagine being able to go out for a swim and a cold coke on your lunchbreak – that’s taking full advantage of the remote work lifestyle.

Add a grill in a corner and you can cook your own homemade burgers and hotdogs, whether it’s for your family or a group of your friends. You just have to finish sending that last email, head out, and you’re already at your cookout. 

You Feel the Need for More Entertainment

Since you’re spending so much time at home, you probably feel the need to have more entertainment within reach. Especially if you’re moving away from the city, where you’re a stone’s throw away from restaurants and cinemas, you’ll want to bring some of those experiences home with you. 

A new home can accommodate exciting amenities like a hot tub in your backyard for those late summer nights when you want to relax with a drink after work with your partner or friends. Add a rustic wooden table and a string of fairy lights and you can create a dreamy entertaining space.

A lot of people like to invest in a huge living room, home cinema, or outdoor firepit and conversation lounge. If you’re keen on inviting your friends over to hang out, then you’re going to need the space. Bring in a big screen TV, and some smart speakers, and you can replicate the best parts of going out with your friends right at home.

What’s the Bottom Line?

A lot of us have made the big switch in 2020 and started working from home. However, you may come to realize that it’s not as comfortable as advertised, and you feel the need for more space – for work and entertainment. That’s why the best solution might be to look for a new home.

Any major lifestyle change comes with its specific requirements, and when you’re working from home, your space has to suddenly accommodate a lot of different activities. From work to hanging out with friends or relaxing, a new home can meet all your needs.

 


HOW MUCH DO I NEED TO SAVE TO BUY A HOME?

(Published on - 1/2/2021 11:31:42 PM)

Closing costs and down payments are factors to consider when saving for home ownership, let's break them down

  • 3 days = 3 days after submitting their loan application buyers receive a loan estimate and 3 days after submitting their loan application buyers receive a closing disclosure. The closing disclosure includes final details about the loan and the closing costs.
  • A portion or all of the closing costs can be negotiated to be paid by the seller as part of the deal and some lenders help with them but be prepared at the outset for closing costs to be 2-5% of the purchase price.
  • Down Payment = traditionally this is 20% of the loan amount to avoid paying PMI (primary mortgage insurance - fee added on to your monthly payment) however you can have less down and pay PMI or you may be able to qualify for various down payment assistance programs.
  • Don't forget other fees for utilities and moving costs/storage of things if there is a gap and those short term living arrangements.

 

Have questions? Want more information on how to get started? Just want to chat through things as you begin to prepare? Contact me and I will help. I can provide information on down payment assistance programs and put you in touch with lenders so that you are able to evaluate your credit, what you can afford and what you need to have saved. The process doesn't have to be scary nor does it have to be rushed. It only requires a quick phone consult and you can be on your way in your time. 

Questions? Need Advice? Complete this form for more information.

Contact Information::










SELLING YOUR HOUSE | HICKORY, NC REAL ESTATE BROKER

(Published on - 8/25/2020 10:51:41 PM)

Visit houselogic.com for more articles like this.

© Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®


HOME BUYING TIPS | HICKORY, NC REAL ESTATE AGENT

(Published on - 8/20/2020 7:50:20 PM)

Visit houselogic.com for more articles like this.

© Copyright 2020 NATIONAL ASSOCIATION OF REALTORS®


CATAWBA VALLEY AND CALDWELL REAL ESTATE MARKET REPORT

(Published on - 8/10/2020 4:37:50 PM)

Take a look at the July 2020 Real Estate Market Reports for our area. These reports published monthly by Realty Executives of Hickory and LKN are a great source of information. Not only do they provide the number of transactions and their total amount for each county, they also give the average price of homes selling by county. 

 

If you are interested in buying or selling then they are great insight about the market. Homes are selling at 99.7% of list price with an average of 52 days on the market. That is great news for sellers! It is also a great time to buy with interest rates at an all time low. If you would like information on what your home is worth or what you can pre-qualify don't hesitate to ask me! I would love to help you. There are also helpful tools on my website that provide more information. 

 

 

For Caldwell county we now have a new report specific to that growing market. Did you know that I live in Caldwell county? I am a Hickory navtive but settled between Lenoir and Taylorsville, just over the Alexander county line in the desireable Ellendale area. If you are intersted in buying or have a home ready to put on the market then I am YOUR agent! Homes here are closing at 100% list price. It is a growing area with lots to offer. As a gateway to the mountains, definitley a great place to live. Let's chat about beautiful areas that you may be intersted in. 

 


;

Questions? Need Advice? Complete this form for more information.

Contact Information::










Copyright 2022 Realty Executives All Rights Reserved

Executive Broker/REALTOR

Michelle Hrin

Contact
Disclaimer: Each office independently owned and operated. Please disregard this message if you are already under contract with another real estate professional.
172.31.14.245