Tag Archives: home buyers

Finding an Accessible Home

There are many reasons to search for an accessible home. Whether you have a need for more mobility, are caring for an aging parent or plan on aging in place one day yourself, it is crucial to have a home that is barrier-free. Some homes will already be perfectly suited to accommodate homeowners, of all abilities, but others will need a little improvement before they get there. Below, find out what features you should keep an eye out for when searching and discover what can be changed in a house to make it more accessible. 

Finding a Move-In Ready Home 

Some homes already incorporate elements of universal design, which has fewer barriers for people who use a wheelchair or other mobility devices. An accessible home may have features such as wider hallways and doors, low-threshold doors, hard floors and low storage space that’s easy to access. Even features such as a front-load washing machine, rocker-style light switches, and lever-style doorknobs make a home more accessible. 

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Upgrading Your Loft for Resale

When you are trying to sell your home, there are a great many factors that you need to have in mind. A lot of things will influence the buyers’ decision, as well as the price you can get. One of the things that can increase the appeal of your home is – the shape your loft is in. With that in mind, we’ve prepared this article on loft upgrades that will help you sell your property faster and at a better price. Consider implementing them, as doing so will certainly work in your favor.

Bringing in Natural Light

As lofts usually come with sloping ceilings and unusual angles, bathing them in natural light can be tricky. Still, this is an essential thing to do, as a loft without natural light will be much less attractive to buyers. Dormer windows are a good solution to this problem. Not only do they allow for natural light to break in, but they also provide additional headroom. Unfortunately, you may need to get planning permission before installing these windows. Because they change the way your property’s exterior looks like, you could be instructed, for example, that you will have to use sash windows instead of sliding ones, or that the windows can only cover a certain part of your property’s width.

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Five Common Mistakes First-Time Home Buyers Make

Contemplating buying your first home can be stressful. With so many things to consider and decide on, where do you start and what obstacles may you face along the way? Here are a couple of pitfalls you should try to avoid if you are a first-time home buyer.

Not Visiting Enough Properties Before Deciding to Buy

One mistake you should never make is purchasing a house on a whim. This is not one of those decisions you get to be spontaneous about. Think about it from the perspective of making any random purchase e.g. buying clothes. You’d probably try out three to four shirts before picking the best when shopping. If you’d do that for a minor purchase, then it’s perfectly logical to go through at least 20 properties before settling on the best house to buy! The good thing about checking out several properties is that it gives you better insight about different types of homes, the neighborhood you want to settle in and what amenties best fit your lifestyle that each listing offers. Of course, if you fall in love with one of the first homes you see, don’t lose out on it because you are worried you are making a decision too quick. If it’s your dream house…go for it!

Working with a Rookie Real Estate Agent Because He’s Your Friend or Relative

This is not the time to help out your cousin who just qualified as a real estate agent last year. When you realize that the house you buy will be one of the most important assets of your life, you know that you should work with only the best local real estate agent you can find! Finding an experienced real estate professionals might take some more research, but with a little bit of patience you’ll figure out who the best agent is for the job.

Financial Missteps

Before you consider buying a house, you need to check how much mortgage you can afford and also learn about the hidden costs of buying a home. This way, you’ll be able to tailor your search towards houses that are within your budget instead of wasting valuable time visiting properties you can’t afford. Also never underestimate the closing costs and use a reliable closing cost calculator to not be surprised by a huge closing costs, which can be 2-4 percent of your home price. There also the regular homeownership costs after you get your home – you don’t want to buy a home and then find out you can’t afford the monthly mortgage payments, let alone your maintenance fees and property taxes. It’s a good idea to check your future monthly mortgage payment by using an accurate mortgage payment calculator as well as check your annual property tax

Not Giving it Enough Time

Setting aside enough time to process all the important aspects of buying a house is one of the wisest things a home buyer can do. Because the buying process is time consuming, the time interval between when you start looking and when you close on a house can be as long as five to six months. This is essential if you want to find the right property. Also remember that it usually takes between two and three months after putting out an offer for you to close in on a property.  

Choosing the Wrong Property Type

Buying a house should never be based solely on emotions. You need to purchase a solid property type which can serve your needs for at least the next three years. This is one decision that’s solely yours, as you are the only one who knows the right property type that would serve your and your family’s needs properly. For instance, if you have a couple of kids, or you plan to have more kids within a short time span, a small condo apartment would not be the best option for you. Instead, you would need to consider detached homes with more space and freedom for your kids to play in. Live with grandparents who find it difficult to climb the stairs? You’ll need to look out for properties that are easily accessible from the ground floor. Practicality should be the bedrock of your decision making when buying a house.

Making Your Decision

Ultimately, it’s up to you to choose what kind of house would best serve you over the next couple of years. If you choose to be a rational buyer, you would belong to the class of satisfied buyers who have bought the right kind of property. This is the best place to be!

Questions to Ask When Buying a Home With Someone

Buying a home can be a fantastic investment, but it also comes with its fair share of responsibilities, obligations, and financial strains, especially if you’re considering purchasing a home with someone else. While it’s very common for married couples to purchase homes jointly, it’s also not uncommon for people to purchase homes with those they aren’t married to, though this does have pros and cons. Here are some helpful questions to ask yourself when considering buying a home with a significant other, friend, or relative. 

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The New Home Checklist: Pre-Move Essentials

 

Congrats on the new home! You’re probably excited, exhausted, and in need of somewhere to start – sounds like a job for our new home checklist.

Let’s cut to the chase, the new home journey can be overwhelming. You’re excited to start your new life, but getting there can feel like a lifetime of preparation. From cable to comforters to crock-pots, there’s a lot that goes into moving into a new home. If you don’t stay organized, move-in day can be a total bust. It’s common to worry, but lucky for you, this ultimate new home checklist will put your mind at ease and simplify the moving process.

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Are You Ready for Your First Investment Property?

Real estate investments provide the perfect vehicle for increasing your monthly cash flow, growing your net worth, and achieving financial independence.

But investing in a property is a big decision. Before you make the leap to real estate investor, you need to make sure you’re ready to handle everything that comes with that title.

Here are three questions to ask yourself to help you decide if you’re ready for your first investment property. How many of these can you say yes! to?

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Hard-hitting Questions to Ask Your Real Estate Agent

Far too many buyers and sellers hire the very first real estate agent they contact. But real estate transactions are a big deal, and you deserve the best possible representation. Before you choose your real estate agent, invest some time in researching multiple agents and finding the agent that best suits you.

First, do your homework! You should be able to learn a lot about your agent candidates online. Including things like:

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Is There a Perfect Time to Sell Your Home?

Selling your home is a big decision that you don’t want to take lightly. When it comes to putting your home on the market, you don’t want to make a mistake that will end up costing you much more than you anticipated. And once you decide you want to sell your home, there are many things to think about before listing it, including the time of year (and time in your life) you choose to sell. Here’s what you should consider before selling your home, and whether or not there is a perfect time to do so.

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How Real Estate Law Benefits and Protects Homeowners

Very few things in life can make you feel safe, proud and happy at the same time. Being a homeowner gives you these and more. You may not think about it this way, but owning a home is a great achievement. With today’s real estate prices, to afford a house is no easy feat.

It doesn’t take a genius to understand the advantages of buying a house over renting, so long as your finances can handle it. With real estate value getting higher and higher by the day, homeownership is an investment that builds equity and grows with time.

The amount of money you put into that piece of real estate property is not a joke. That said, you must do everything in your power to protect it. How, you ask? Well, learning your rights as a homeowner is a pretty good place to start.

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Five Common Home Seller Misconceptions

The real estate world is full of misconceptions about the home selling process. After all, selling a home can be complicated with lots of details that are easy to get wrong.

In this post, we’ll look at five common home seller misconceptions and we’ll set the record straight on each!

1. Pricing high will leave room for negotiation.

Overpricing your house is always a bad idea.

Buyer’s agents know the market, and they can spot an overpriced listing from a mile away. When buyer’s agents see an overpriced listing, they assume the seller is either 1) unreasonable, or 2) not serious about selling. Either way, agents don’t want to waste their time, or their buyers’ time, touring the house and making an offer they think will be rejected.

So an overpriced house will sit on the market until the price is reduced. And by that time, the excitement over the new listing has worn off. Even worse, buyers might see the reduction and think the price had to be reduced because of a problem with the house.

Always price your house fairly and let the market do its job.

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