The homebuying journey can be long and arduous, particularly for an individual who makes mistakes along the way. Fortunately, an informed homebuyer can identify potential problems early in the homebuying journey and take the necessary steps to resolve such issues without delay.
Now, let's take a look at three common mistakes that homebuyers make, along with the best ways to eliminate these problems before they escalate.
1. A homebuyer spends too much time debating whether to submit a home offer.
The housing market moves quickly, and a homebuyer who hesitates to submit a competitive offer on a residence risks losing this house to a rival homebuyer.
Ultimately, it pays to learn about the real estate market. That way, if you fall in love with a house, you'll be better equipped than other homebuyers to submit a competitive offer before it's too late.
Check out the prices of houses in cities and towns where you'd like to live. This may help you narrow your search for the perfect home and provide housing market data that highlights how much it may cost to acquire your dream residence.
Also, take a look at the prices of recently sold houses in different areas. This will enable you to determine whether you're working in a seller's market or a buyer's one.
2. A homebuyer foregoes a home inspection.
Even though a homebuyer may want to rush through the purchase process, there is no reason to forego a home inspection.
When it comes to buying a residence, it is always better to err on the side of caution, and a home inspection offers a valuable opportunity to learn about a house's condition and uncover any "hidden" problems with a residence.
For example, a home inspection may reveal roof damage that could lead to thousands of dollars in roof repairs in the near future. On the other hand, a home inspection may show there are no major issues with a residence, thereby verifying that a house is a sound investment.
Don't forget to consider a variety of home inspectors before you schedule a property inspection. This will ensure that you can find a home inspector who possesses the necessary skills and expertise to perform a deep evaluation of a home before you finalize your purchase.
3. A homebuyer tries to purchase a house without support from a real estate agent.
For those who want to streamline the homebuying process, expert help may be necessary. Luckily, you can hire a real estate agent who can help you seamlessly navigate the homebuying journey.
Real estate agents are easy to find in cities and towns nationwide. Meanwhile, these housing market professionals are available to help you narrow your home search, submit offers on residences and much more.
If you need additional help during the homebuying journey, it usually is a good idea to hire a real estate agent. By doing so, you can receive the expert guidance and support that you need to go from homebuyer to homeowner.
We live in the 21st century and the age of technology, this we know. But, what some sellers still do not realize is the importance of properly staged and well taken photos. The photos that you place online with your home’s listing can make or break a buyer’s interest. If you do not feel confident in your own ability to take the photos then you may want to consider hiring a photographer. However, if you feel capable of taking the photos that will be a buyer’s first look, then review the pointers below.
1. Proper lighting: Proper lighting when taking photos is essential. The lighting can completely alter the look of a home; a poorly lit room can look older and smaller than it actually is. To avoid this, try taking photos during the daytime when there is plenty of natural light, but when the sun is not beating into the room as it can cause shadows. The natural light is an ideal situation, as different lightbulbs give off different levels and color of light.
2. Avoid blurry photos: Posting out of focus photos to your listing is asking for a buyer to overlook your home. They are not only uncomplimentary but detrimental to a buyer’s interest. Make sure to keep the camera or phone (only high-end phones) steady and have proper lighting when taking the photos. It would be best to utilize a tripod or a stabilizer, if you have access to one.
3. Choose your angles wisely: All too often photos are shot up close on a feature in the room. This does not give the buyer an accurate depiction of what the room truly looks like. It’s hard to tell its size and its shape. Try standing in a doorway or inside of a closet, so you are able to photograph most of the room. But, be sure not to use a wide-angle camera lens, as it can distort the room and give buyers a false pretense of its size.
4. Remove clutter: Taking photos of your home for your online listing while there is clutter all over is not the best way to showcase your home. It will make your rooms look smaller and be harder for one to visualize his/her belongings in that space.
5. Remove personal items: When selling your home, you want buyers to be able to envision themselves living there. It’s important to remove overly personal items for open houses and it’s also important to do so when taking photographs of your home.
These are just a couple pointers for taking photos that peak buyers’ interests in your home. If you are very inexperienced in photography,be sure to do additional research, so you are taking the best photos possible.And again, if you’re unsure of your ability, it might be best to leave it to the professional—as a first impression is everything.
Looking to sell a home for the first time? Ultimately, a first-time home seller must be able to identify a strong offer for his or her residence. With extensive real estate insights, a first-time home seller may be better equipped than others to accept a strong offer and accelerate the home selling cycle.
Identifying a strong offer for a home can be quick and easy – even for a first-time home seller.
Now, let's take a look at three tips to help a first-time home seller differentiate between a strong offer and a poor one.
1. Analyze the Housing Market
The housing market can be complex, particularly for a first-time home seller. Fortunately, many free, easy-to-access resources are available to help a home seller learn about the ins and outs of the housing sector so he or she can plan accordingly.
For example, a home seller can check the prices of homes available in his or her area via a simple online search. This home seller can even find out how long a particular house has been available, whether the price of a home has been reduced over time and much more.
With in-depth knowledge of the real estate market, a home seller can study how his or her residence stacks up against the competition. Then, this home seller can establish a competitive price for his or her home, increasing the likelihood that he or she will receive a number of strong offers.
2. Understand Your Home Both Inside and Out
A home appraisal is a must for a first-time or experienced home seller, and perhaps it is easy to understand why.
During a home appraisal, a property inspector will take a close look at a house's interior and exterior. This inspector will provide a report at the appraisal's completion that highlights a house's strengths and weaknesses too.
For a home seller, an appraisal offers a valuable learning opportunity. It enables a home seller to gain deep insights into a home's condition that he or she may struggle to obtain elsewhere. That way, a home seller can complete assorted home repairs before listing a residence and boost his or her chances of receiving multiple offers that exceed a house's initial asking price.
3. Consult with a Real Estate Agent
A first-time home seller should meet with a real estate agent and discuss the differences between a strong offer and a poor one.
Thanks to a real estate agent, a home seller can seamlessly navigate the entire property selling journey as well.
Typically, a real estate agent will help a home seller establish a fair price for a residence from the get-go. This housing market professional also can offer helpful tips throughout the home selling journey to ensure a home seller can get the best possible results.
Don't leave anything to chance as you prepare to list a residence for the first time. Instead, take advantage of the aforementioned tips, and a first-time home seller should have no trouble distinguishing between a strong offer and a subpar proposal.
Many people find it difficult to find the time and energy to prepare meals at home. Cooking at home may seem like another task on your to-do list for the day, but it carries many benefits for you and your family. It not only benefits your wallet, but it will also create lasting memories with your loved ones.
Before you make the leap and decide to quit eating out so often, it is essential to prepare for this new lifestyle change. The initial thing to do is come up with a plan of action. Meal planning can ensure your success. Start by planning which days of the week you would like to start cooking on. These days can be reoccurring in your schedule each week. For example, you can cook on Monday, Wednesday, and Friday evenings and eat leftovers or takeout on the other days of the week. Pick days in your schedule that are not jam-packed with activities. Once you decide upon the days you would like to cook at home, begin to make a recipe list for that week. Find recipes online and print them out so that they're easy to access when you're ready to cook them. If you're not a huge fan of at-home cooking, try to find one pot meals that can go a long way for you and your family.
After you have your recipes for the week, create a shopping list for those recipes. Try and steer clear of buying unnecessary ingredients that will go bad before you use them. Stick to your list as much as possible. If you’re too busy to find time to make it to the grocery store, utilize the free pickup option that many grocery store chains now offer.
Fall in love with cooking
A love for cooking may not be something that comes naturally to you at first, but do not fret, before long you will be enjoying the benefits of utilizing your kitchen more. To develop a love for cooking, you need to make it as stress-free as possible. Now that you have your meal plan operating make sure you have the right tools to make it work for you. Look into tools like a pressure cooker or a food processor to cut down the tasks of preparing your meals. If chopping veggies are going to add stress to your prep time, opt for pre-cut vegetables in the frozen food section.
Make it an event
Food often brings people together. Cooking can become a family activity that you enjoy throughout the week. Involve everyone in the family by assigning tasks to each person and work as a team to create a delicious meal. Invite your neighbors over for a family dinner and get to know the neighborhood. If cooking for a party seems too overwhelming, ask others to bring a dish.
Once you get the hang of cooking for your family consistently, enjoy the quality time you now get to spend with your friends and family at your dinner table. Invite your neighbors over for your next homemade meal!
When you move into a home that you worked so hard to buy, it’s an exciting and overwhelming time. The biggest problem with a new place is that you don’t know your surroundings very well. Even if you have just moved down the street, there’s a lot of new things to be discovered from new neighbors to new places to explore.
One thing that many new homeowners overlook is the way in which their new home functions. Do you know where the circuit breakers are? What about that switch in the corner of the living room that doesn’t seem to do anything? While the seller's disclosure and your home inspector will give you a wealth of information, you can gain a lot of knowledge just by asking questions.
Sellers may not be eager to answer too many questions at first for fear that their answers could jeopardize the sale of their home. You can safely ask a lot of questions at the final walk-through or at closing since the seller will know that they’re secure in the transaction.
What’s Strange About This House?
While you wouldn’t word a question to a seller in this exact way, you do want to know if there’s anything unique or anything that you should anticipate about the home. Remember that you should be subtle, yet curious in your question asking.
What Type Of Repairs Have Been Made?
While you expect that most repairs will be on the disclosure statement, anything that has been done in the past is noteworthy as well. It’s helpful to know what’s been done in the house in the past so you have an idea of what to keep an eye out for.
Where Are The Important Utility Boxes In The Home?
Not all home inspectors are created equal. Your inspector may not be great at educating you as to where things are in the home like the circuit box, the water switches, the pump, or the controls for the furnace. The seller can often show you the location of these items in the house. This will prevent you from a lot of confusion starting at the time you move into the home.
Have You Enjoyed Living In This Neighborhood?
You can discover a lot about a neighborhood if you just start a conversation about the seller’s own experiences. You can learn a lot through this simple question. Are there any crazy dogs in the neighborhood? Where are the best places to eat in the area? While you may not ask these questions directly, you can gain some powerful information just by being curious and conversational.
Gaining a good rapport with your seller can get you places. You’ll know a bit more about the home and the seller will even feel more friendly towards you. The seller could even leave some cool stuff behind that they don’t need like a microwave, a piece of furniture, or a patio set. All you need to do is be friendly and curious and you’ll be off to a great start in your new home.