RE/MAX Professional Associates
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Posted by RE/MAX Professional Associates on 7/21/2019

Whether you're looking for the house of your dreams or the spouse of your dreams, it helps to write up a detailed description of the qualities that matter most to you!

While your goals should be realistic and attainable, you do not want to compromise your standards or aim too low.

In the case of house hunting, there are many conditions which will directly affect the success of your search.

Here are some of the main ones.

  1. Your budget: All things being equal -- the higher your budget, the greater your chances for getting everything on your wish list. The most desirable locations, lot size, amenities, and square footage often come with a price. The same can be said of homes that are in optimal condition with lots of recent updates, improvements, and energy efficient or high-tech features.
  2. The real estate market: Three factors which will invariably affect the outcome of your real estate search will be the local real estate inventory (the number of properties available -- especially those in your price range), the law of supply and demand, and property values in your chosen geographic area.
  3. Your real estate agent: Choosing a real estate agent who's experienced, resourceful, and dedicated can prove to be a significant advantage in finding a home that matches your budget, your goals, and your desired lifestyle. Once you've decided what you want in your next home, an agent or Realtor can show you houses on the market that will meet many, if not all, of your requirements.
  4. Your wish list: Creating a list of property features and characteristics that you absolutely must have in your next home will help ensure that you get them. A carefully thought-out "wish list" is also a vital aspect of your search for the perfect or "near perfect" home. By creating a clear mental picture of your ideal living space, location, and environment, you'll be increasing your chances of finding a home that meets all your expectations. There are literally dozens of features to keep in mind, including architectural style, square footage, the number of bedrooms and bathrooms, the size of the lot, distance from the street, privacy, the spaciousness of the kitchen, and the layout of adjacent living areas. If you plan on doing a lot of entertaining, for example, you might prefer an open floor plan. Features like a screened-in porch, a patio, and a large backyard are often major wish-list items for homeowners who enjoy outdoor living. Other items to consider may include things like a fireplace, a finished basement, a convenient laundry room, and a two-car garage. Proximity to stores, quality schools, medical/dental services, and recreation areas will also be key factors in the selection of your future home.
Thanks to the Internet and the many home improvement websites you'll find online, it's easy to get clear picture of your dream home, the countless decorating possibilities, and the many landscaping options available to you.





Posted by RE/MAX Professional Associates on 6/24/2018

When you stop and think about all the potential pitfalls, the prospect of buying a house and moving into a new neighborhood can be quite nerve wracking! (It doesn't have to be, though.)

Since there are so many crucial factors to consider, you want to be sure you're not overlooking anything important.

A Real Estate Agent Can Help

What makes the process a lot less daunting is the fact that experienced Realtors and real estate agents are available to provide you with guidance, advice, and help.

The ideal real estate agent will be familiar with areas you're interested in, and will be able to provide insights into everything from nearby conveniences and municipal services to the character of neighborhoods you're considering and the quality of the local school district. If you try to do it on your own and gather all the relevant information you need to make an informed home buying decision, it can be overwhelming! By working with a knowledgeable buyers' agent, you're a lot more likely to find a home that is a near-perfect match for your wants, needs, and budget.

In addition to getting prequalified for a mortgage, one of the first steps to beginning a house hunting campaign is clarifying exactly what you're looking for. Creating both a "wish list" and a "must have list" will enable your real estate agent to make the best use of your time and effectively match you with houses you'll like.

Although everyone has a different perspective when it comes to house hunting, most people start making decisions, early on, about things like the house style they'd prefer, the number of bedrooms and bathrooms they need, and the preferred size of the backyard. First-time home buyers may be unsure about their square-footage requirements, but after touring a few houses and spending time with their real estate agent, they usually gain a good grasp of how much space they would need to feel comfortable.

Other Factors To Weigh

If you have children now or are planning to start a family soon, then your priorities may include living in a good school district and being close to playgrounds and summer recreation programs. The ideal neighborhood would also include potential playmates for your children, low-to-moderate street traffic, and short commuting distances to work. A low crime rate, convenience to shopping areas, and off-street parking are other typical priorities.

While your agent will undoubtedly help you develop a list of requirements and preferences for your real estate search, here are a few things to keep in mind:

  • The layout and floor plan of your ideal home
  • The preferred size and style of the kitchen
  • The possible inclusion of a deck, patio, garage, and/or finished basement
  • The number and size of closets and storage space
  • Features like a fireplace, fences, and a backyard shed
Once you get to the stage of having a property inspector examine a house you're considering, you'll have the chance to be alerted about issues like wet basements, leaks, termite damage, radon hazards, insufficient insulation, and other potential red flags. Most problems are readily solved, though, and can sometimes result in seller concessions and a lower selling price. In all instances, an experienced real estate agent is a good person to have in your corner.


 





Posted by RE/MAX Professional Associates on 12/3/2017

The more you know about the process of buying a house, the better prepared you'll be for doing it successfully.

How might you define "success" when it comes to purchasing a home?

There are a lot of standards that could be applied to successfully navigating the home buying process, but here are a few that immediately come to mind:

  • Finding the house of your dreams: While very few people find a home that is absolutely perfect in every way, it is possible to come close to achieving that ideal. Although a certain amount of flexibility goes a long way, knowing what you want and prioritizing important features are among the main prerequisites to getting what you want. As baseball legend Yogi Berra once said, "If you don't know where you are going, you'll end up someplace else." Thanks to the variety of websites devoted to home ownership, home decorating, remodeling, and landscaping, it's easy to find pictures online that can help inspire your imagination and clarify exactly what the house of your dreams might look like.
  • Minimizing setbacks and frustrations: The process of house hunting is a journey that often involves bumpy roads, detours, and dead ends. One secret to getting through it successfully is to work with an experienced real estate agent who knows the ropes and can keep you on track. It also helps to approach house hunting with a sense of optimism, resourcefulness, and commitment. Although you probably have a lot of competing priorities in your life, finding a house that you and your family will be happy in for the next few years deserves a top spot on your list!
  • Avoiding unpleasant surprises: Knowing your credit score and understanding the impact it will have on getting loan approval and a favorable interest rate will help prepare you for the financial side of buying a house. The ability to get prequalified for a mortgage and come up with sufficient down payment will also set the stage for a successful home buying experience. On the plus side, a higher down payment can potentially result in a lower interest rate and not having to pay private mortgage insurance (A 20% down payment is necessary to avoid PMI.) Since many loan programs and lenders require at least a 3-5% down payment, that can be a stumbling block for first-time home buyers. To purchase a $200,000 home, for example, you'd need to come up with a cash outlay of between $6,000 to $10,000 -- not an easy feat for everyone!
If coming up with a sufficient down payment is an issue for you, your real estate agent or loan officer can work with you to brainstorm possible solutions and alternative strategies. For some first-time home buyers, the best plan is to postpone your house buying plans for a couple years until you can improve your credit score and set aside several thousand dollars for a down payment.





Posted by RE/MAX Professional Associates on 3/22/2015

What is your dream home? It is a water-front home, a cabin in the woods, a city apartment or a home on a cul de sac in a suburb? The phrase “dream home” means a lot of different things to a lot of different people. Here are some things to consider when looking for your dream home: Square Footage Consider how much room you need in your home. Do you need a media room or a finished basement? Three decades ago the average home size was 1,645 square feet. Now the average home size has gone up to 2,195. Recent trends have shown house sizes again decreasing as buyers evaluate what they truly need. Floorplan Think about how you will use your home, will you be entertaining? Do you like your home with rooms that are intimate and have a traditional feel? Or do you prefer an open floor plan? The way you use your home will dictate the type of floor plan you ultimately choose. Extras What kind of extras are you looking for in a home? Do you want granite counter tops, high-end appliances, or other extras?  That will also affect price. Decide what you want and make sure it fits your budget. Landscaping The bigger the better may not be the case when it comes to a lawn. A big lawn means lots of landscaping. If you are willing to perform the necessary upkeep you may opt for a large yard; if not, your dream home may be a home with a smaller yard or even a condo. Location Choosing a neighborhood is important when picking your dream home. If you have a family or are planning one in the future you most likely will want to look at school systems.  Other considerations are commute time to work, location to stores, highways, the ability to walk to venues and public transportation.    





Posted by RE/MAX Professional Associates on 7/29/2013

What is your dream home? It is a water-front home, a cabin in the woods, a city apartment or a home on a cul de sac in a suburb? The phrase “dream home” means a lot of different things to a lot of different people. Here are some things to consider when looking for your dream home: Square Footage Consider how much room you need in your home. Do you need a media room or a finished basement? Three decades ago the average home size was 1,645 square feet. Now the average home size has gone up to 2,195. Recent trends have shown house sizes again decreasing as buyers evaluate what they truly need. Floorplan Think about how you will use your home, will you be entertaining? Do you like your home with rooms that are intimate and have a traditional feel? Or do you prefer an open floor plan? The way you use your home will dictate the type of floor plan you ultimately choose. Extras What kind of extras are you looking for in a home? Do you want granite counter tops, high-end appliances, or other extras?  That will also affect price. Decide what you want and make sure it fits your budget. Landscaping The bigger the better may not be the case when it comes to a lawn. A big lawn means lots of landscaping. If you are willing to perform the necessary upkeep you may opt for a large yard; if not, your dream home may be a home with a smaller yard or even a condo. Location Choosing a neighborhood is important when picking your dream home. If you have a family or are planning one in the future you most likely will want to look at school systems.  Other considerations are commute time to work, location to stores, highways, the ability to walk to venues and public transportation.