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Looking for the perfect home may be an experience of a life time. It may have its up and downs. Here are a couple of hints to keep the process is perspective.
Make a list of your needs and desires. A new home should have everything you need and most of what you desire.
Begin your search early. Keep up to date on current market conditions and price trends, interest rates and loan programs.
Know your limitations. Don't get involved with repairs and updates beyond your scope of experience and your budget.
Gather a team you know you can rely upon. This will include a Real Estate Agent, a Lender and an Inspector.
Having worked with a number of Buyers, I have developed listening skills which allow me to review a number of properties and find those most likely to appeal to the buyers needs and desires. After reviewing hundreds of listings I can present a short list of homes to view. In most cases buyers have chosen one of these properties to become their new home.
Most Buyers receive free automatic E-mail updates from an automatic MLS search I customize for their needs for a period of 3 months to a year before they begin to actively look.
I counsel Buyers and teach them how to read specification sheets, to find information other Buyers wish they had known before they purchased a home. When my Buyers sit down to write an offer, they do it with confidence.
I keep Buyers informed on the latest market trends and teach them how to find Sellers most likely to offer the best deals. Buyers need to know how to use these trends and information to their advantage.
I work with Buyers and learn their needs. I offer information and guidance on finding the best loan for their individual circumstances. Finding the right loan is an important as finding the right home.
I work with a dedicated and professional team of Lenders and Inspectors, who I know will be available to answer questions and resolve situations during and after the sale period. I measure the professional attitude of the people I work with by their performance before, during and after a sale. I pass this knowledge on to the Buyers I work with.
Listings require a lot of quality pictures. What interests you when searching for a property? Have you ever walked into a house only to be disappointed by what it actually looks like? Most homes have outstanding features that are not properly marketed. The description is another important feature of a Listing. I often see Listings with so many abbreviations I am not sure what they are attempting to describe. I think this distracts from the interest of the property. I write and rewrite my descriptions many times until I am satisfied. That is one of the many things I am being paid to do when marketing a property.
Internet targeting is another important strategy. Companies invest millions in being the first to bring you these Listings. Many of these companies specialize on one or two types of properties. Finding, joining and updating Listings on these sites is the wave of TODAY. Printed advertising is a dinosaur. Learning to make the Internet work for the Buyer and Seller is what a good agent needs to do to keep up with the competition. Developing new skills to utilize this avenue of advertising is what an excellent agent does to stay ahead.
Leaning to use the latest technology to keep both Buyers and Sellers on the top of the market is a crucial segment of the Real Estate industry. I have developed a number of web pages that supply information and links to help Buyers and Sellers navigate the purchase and sale of all types of Real Estate. My years of experience in engineering have given me the drive to always look at situations from a number of different aspects. Always have a plan B is my motto. This has been especially useful in the art of negotiations.
Some of the pages I have developed use a unique collection of simple pull down windows that allow a Buyer to choose the details they require in a home. A Buyer can quickly answer the questions that will give me a detailed view of exactly what they are looking for. With that information I can quickly arrange a search within the MLS and E-mail them the results. From there I can also set up automatic updates that can be sent to the Buyer on a daily or weekly basis. Buyers can get the most up to date information on new listings and price changes for the properties that most interest them. Basically that gives them the advantage of being the first to view new listings or the first to take advantage of price reductions.
From the first time home Buyer to the seasoned Investor I have developed formulas for success. As an independent contractor my business replies upon repeat business and referrals. Finding and relaying this information in a timely and understandable manner is what I rely upon to build lasting relationships.
New home construction is one of the best ways to build instant equity into a home. Making all of the decisions before signing a contract is the key to succeeding in this field. There is no detail too small to overlook. Opening and defining lines of communication are important aspects to guaranteeing success and a smooth building process.
Trying to decide between buying a new home and an existing? There is more to consider than the price on the surface. Both options may contain hidden costs. Following is a list of factors to consider.
* Potential resale value
* Potential maintenance costs
* Cost of improvements to an existing home
* Size of the home or square footage. Compare the same size homes.
* The age of the home plays a part in the actual value. Would you pay more money for a newer home?
* Does the layout of the home fit your lifestyle?
* What type of improvements may have to be done to an existing home?
Building a home gives you the opportunity to add the features that are important to you. This is true for the inside of the home as well as the outside. The kitchen is the most important room in the house for many people. Often plans can be changed on paper at little or no extra cost which can make the kitchen area into a dream kitchen. Modifications can also be made to the garage area, bedrooms, bathrooms, etc.. You may decide to build a house that includes some of today's more energy efficient features. You can choose your own flooring, counter tops, light and plumbing fixtures and room colors. You can decide how much money to spend and what areas to invest the money in. Even the outside landscaping. If you like to garden you can reserve a spot for that using your own specifications. You can plant the trees, the type and location you will appreciate in the years to come. You can add a watering system and any other number of options that are available to you. The choices may be endless. The hardest decision is what features can I include in my new home.
Knowledge is the key to investing. Investors can be demanding. Knowing how to gather this information is an important part of my job. I am surprised at the amount to investment properties on the market that do not have important information on hand at the time of a showing. The interest the Investor has in a property soon dwindles if they do not have the facts and figures down in writing when they are considering a purchase.
Classes for first time home Buyers is an important aspect of beginning the home buying process. First time Buyers generally are brimming with questions. A simple informal one hour meeting will answer most of those questions and give the Buyer the qualifications and confidence to ask the questions that may save them money and headaches further down the process. Having this information ready in an easy to understand package is pivotal in establishing a business relationship.
Foreclosures are not what they used to be. A few years ago the only people interested in foreclosures were bargain hunters and seasoned professionals. At the present time there is such a large number of foreclosures everyone has the opportunity to find the diamond in the rough. Having the experience of dealing with foreclosures can save the Buyer money. With a Buyer Agency Agreement my license agreement allows me to discuss price negotiations and share my knowledge of dealing with foreclosures throughout the house hunting process.
I have also been developing a set of Bible Studies that use only the Bible to explain the Bible. I have been working with a group of people that have been aiding me on this venture. If I see someone has trouble understanding a point or a step I rewrite it until it is clear. I have been doing this for over 20 years and I have over 300 studies written in various stages. I have Biblical proof that Jesus not only taught this method but He intended to have the Pharisees study in this same manner. If they would have looked up the key words that Jesus used they would have had no doubt that He was the Son of God. Acts chapter 6 tells us that many of them did understand and joined with the early Christians. Yes, this method is over 2000 years old but has been largely forgotten over the past 100 years. If you read books older than 100 years you can see the difference in writing styles. E-mail me for more information.