Stephanie Jones, REALTOR's Blog
If you're an apartment renter ready to take the plunge into home ownership, there are a lot of reasons to be excited! Owning your own home does bring with it additional work and responsibilities, but the feeling of pride that accompanies it makes it all worthwhile!
Once you get used to the idea that "the buck stops here" and that there's no landlord to handle repairs and maintenance any more, it won't take long to get into the rhythm of being an established property owner. Here are a few tips to help ensure that your first experience with home ownership is a satisfying one.
- Get a good real estate agent. A real estate professional can provide you with valuable guidance, advice, and information about houses you're considering in your desired neighborhoods and price ranges. A buyers' agent can help you avoid many of the potential pitfalls of buying your first home and help you stay within budget. They'll assist you in clarifying your priorities and work on your behalf to find homes that meet your requirements. A service-oriented agent will not only point out the positive aspects of houses you're considering, but they'll also discuss ideas for adapting the home to your specific needs and lifestyle.
- Hire an experienced property inspector. A seasoned home inspector can take a close look at the condition of the house and property you're considering and help make sure there are no major structural defects, safety issues, or operational problems with the home's systems and components. Although every property inspector approaches their job a little differently, their inspection service should include everything from the roof and foundation to the plumbing, electrical, and HVAC systems. They may also report to you on the condition of the home's insulation, its exterior, and any existing or potential drainage problems on the property. Certain aspects of the house may be excluded from the inspection if it's difficult or unsafe to gain access to them. A top-notch home inspector can also provide useful insights into repairs that need to be made on the house. As a side note, professional property inspectors are often members of The American Society of Home Inspectors and follow the organization's Standards of Practice.
- Visit a lot of different houses for sale before making a final decision. It also pays to have a checklist with you to keep track of how each house stacks up to your requirements and expectations.
In a seller’s market, you shouldn’t have a home that’s simply sitting there. If a home isn’t selling and the market is hot, something must be wrong. There are many different reasons that your home isn’t selling. Below, you’ll discover some of those issues and what you can due to remedy the problems.
You Need To Adjust Your Expectations
Many people put their homes on the market expecting high results. While it’s good to have confidence, it can be detrimental to your home sale. Great expectations can lead to an overpriced home, a lack in marketing efforts, or lowering the price of the home too late. All of these situations can be detrimental to your home sale. Research and hiring a realtor to help you with the sale can keep you organized and assist ou in staying on top of the market.
You Don’t Understand Home Values
If you’re selling your home on your own, you may not have priced the property correctly especially if you have no professional experience. This is where a realtor comes in. A real estate agent can do the professional market research that finds the sweet spot for a price on a home for sale. Knowing that price is one of the best ways to sell your home fast. Without a well-valued home, it could sit idle in a good market.
Your Home Is Neglected
If you have been neglecting various projects around your home, you could find that it’s more difficult to sell your home. Buyers want the best house for the lowest possible price. Homes that have been properly maintained with the right HVAC maintenance, yard upkeep, and regular appliance services are more likely to be scooped up fast by buyers.
Before your home even goes on the market, you should do any tasks around the house that you have been neglecting. The investment of both time and money will be worth it for you in the long term when you go to sell your home.
The Photos Aren’t Professional
The marketing efforts used to sell a home are very important. On the top of this list is the photos that represent the house. Most home buyers begin their search online. This means the first impression that they get of your home is from pictures. If these are not well done, it could be very detrimental to your home sale.
For good photos, be sure that you get rid of all the clutter from your space before the pictures are taken. It’s really best to hire a professional to deal with his aspect of home marketing. If you must take the photos on your own, using a better camera than that a cell phone provides can really be a step up in the picture taking process.
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Before you sell your home, you may want to invest in property upgrades. That way, you can enhance your residence both inside and out and boost your chances of enjoying a fast, profitable house selling experience.
Ultimately, there are many questions to consider prior to investing in home improvements. These questions include:
1. Which home improvements should I prioritize?
It may be beneficial to have a professional home inspector evaluate your residence. Because if you receive a home inspection report, you can learn about your residence's strengths and weaknesses. Perhaps most important, you can use this report to establish home improvement priorities.
There is no shortage of qualified home inspectors available in cities and towns nationwide. If you reach out to a home inspector today, you can take the first step to identify and address various problems throughout your house.
2. How much should I spend on home improvements?
Although you would like to improve your residence as much as possible, there is only a finite amount of money at your disposal to allocate to property improvements. If you create a home improvement budget, however, you may be better equipped than ever before to get the most out of your available funds.
Also, it is important to remember that some home improvements are quick and simple to complete. If you can perform home upgrades on your own, you may be able to save money in comparison to hiring a professional contractor to complete these tasks for you.
3. How much time should I commit to home improvements?
Think about when you want to list your home. Next, you can craft a home improvement timeline that allows you to determine which property upgrades you want to complete and when you want to finish these projects.
Generally, it is helpful to give yourself as much time as you can to perform home improvements. And if you have sufficient time to complete home upgrades, you'll ensure that these tasks are always finished correctly.
As you get ready to list your residence, you may want to hire a real estate agent too. This housing market professional can examine your house and offer home improvement recommendations and suggestions. Furthermore, a real estate agent may be able to put you in touch with the best home improvement professionals in your area.
A real estate agent provides comprehensive assistance throughout the property selling journey as well. He or she will help you list your residence and promote it to the right groups of buyers. And if you receive an offer to purchase your home, a real estate agent will help you analyze this homebuying proposal and determine the best course of action.
Ready to transform your ordinary home into an attractive option for buyers? Allocate time and resources to perform home improvements – you'll be glad you did. If you upgrade your residence, you can show off the true beauty of your house and increase the likelihood of a successful property selling experience.
If you ride through the suburbs of America, you’ll likely notice that the houses just seem to get bigger and bigger. Like our taste for large trucks and SUVs, Americans tend towards the idea that bigger is better.
On the opposite end of the spectrum are people who feel quite the opposite. From this minimalist mindset has emerged the “tiny house.” What exactly is a tiny house?
There is no exact definition. However, most tiny houses are built on wheels--to adhere to local building code--and typically don’t exceed 500 square feet in size.
You might be thinking that’s a bit extreme. And you wouldn’t be alone--Americans have taken advantage of small homes in the form of modular homes, and cottage-style houses for decades.
With the cost of heating and powering a home rising year after year, it’s beginning to make sense to downsize.
So, in this article we’ll talk about what it means to live in a smaller home to help you decide whether it’s a good choice for you.
Barriers to building small houses
If it’s your dream to someday build a small house on a hilltop in your hometown, you might have to face-off with the local zoning committee first. Some of the biggest barriers to building smaller houses are local regulations involving minimum house sizes.
This isn’t a new problem, with towns struggling with the idea of minimum square footage as far back as the 1970s. In spite of this barrier, small house and tiny house proponents have been finding loopholes.
One such workaround involves simply building your house on wheels. However, that isn’t easy to do and it doesn’t always look great either.
Depending on your hobbies and philosophy, living in a small house can be a good or a bad thing. Those who seek to become more minimal in their belongings often find that small houses help them achieve this.
The more things we own the more we have to worry about storing and maintaining them. However, if you value experiences more than objects, living in a small house could save you money and therefore leave you with more funds for traveling and other experiences.
Family is another thing to consider when living in a small house. If you have a large family or pets, living in a small house can be difficult. However, there is something to be said about growing up in a small house (it makes it harder for kids to avoid their parents by playing video games in their room or the basement!).
How to decide if you can manage living in a small house
If you’re downsizing from a larger home it can be scary to lose all of that extra space you were used to. There are a few ways to see if you can adapt to a smaller home, however.
You could rent a small apartment while you search for a new home. This will allow you to acclimate yourself to living in a smaller environment.
If you don’t want to go through the trouble of signing a lease, there’s always renting a small property through AirBnB or a camping cottage for a few weeks. Then you’ll have time to notice what you like and dislike about the smaller space and will be able to plan for how to want to deal with those changes if you decide to move into a smaller house.