My Real Estate Tips » Homes

What not to do when house hunting

Jane — Fri, 09 Mar 2012 15:34:53 +0000

Here are some practical real estate tips when you are searching for that new home:

Don’t go by yourself and let your realtor do the work

It is not a safe thing to do to pick your phone up, contact the seller, and visiting the property by yourself. You might just end up looking at several properties that do not really fit your finances. If you go alone, the seller will have an impression that he has the bargaining power since you do not have a professional to help you out. Let your realtor research the property you want to check into.

Do not rush

Take your time when checking out houses. You can linger when you think you like the place and know all the details that you want to know about the property.

Use one car when doing a property tour

Meet up with your realtor and use one car when visiting target properties. This way no one will be lost, you can have enough time to go around the houses, and you will be able to give feedback to your realtor so the search can be trimmed down on your ideal home.

Say anything to your realtor

Your realtor will be showing you different houses and not his or her own house. If you like a certain property then that is great but if you do not like some houses then you can tell them straight. Do not be afraid to voice out since you will not offend them at all. You need to tell them any concern that you have in mind and this way you will have a better communication with your realtor.

No trash talking

Hold your trash talk when doing a tour around a property. The seller might say they will step out so you can discuss things with your realtor but in fact most of the time, the seller is just nearby to listen to the things you say. Bad mouthing might have you on an uphill battle in case there are multiple offers for the house that you like.

How You Can Easily Cut Closing Costs!

Heather — Sat, 20 Mar 2010 19:46:46 +0000

Purchasing a home is a very, very big decision and it is one that you do not want to take lightly, at all. There are many different expenses that go into purchasing a home and one of them is actually the closing costs. When you are purchasing a home, closing costs are things that you will want to keep in mind, as they are expensive.

However, there are a ton of different ways that you can cut those closing costs down and one of them is by shopping around for the mortgage brokers. You want to make sure that you do your research and ask about the mortgage broker fees before you commit.

That way, you can make sure that the fees are going to be what you expected and they do not go up any.

Homes For Sale: Finding The Right One!

Heather — Fri, 02 Oct 2009 00:57:20 +0000

Purchasing a home is one of the biggest decisions that you are ever going to make – you know that right? Most people take the decision of buying a home very seriously, and you almost have to – in this day and age, if you buy a home and want to resell it, you can’t most of the time. So make sure that you are ready to buy a home first and foremost before you even consider it.

After you have thought about it – the next step is to hit the streets and make sure that you start looking at the homes on the market. This can be a time consuming thing as there are a ton of different homes available on the market right now. Research going to become your best friend, as you want to make sure that you learn everything about the neighborhood and the house itself before you buy.

Also, engaging the real estate agent can do nothing but help you, so keep that in mind!

How To Buy A Repossessed Home!

Heather — Fri, 07 Aug 2009 16:37:14 +0000

Purchasing a home that has been foreclosed on is not an easy thing to do. While the home itself might be cheap, getting the most out of it is something that you need to make sure that you are doing. When buying a repossessed home or a foreclosed on home, you need to first do you research on it – you want to make sure that you are getting a good deal with no strings attached … such as the old mortgage payments getting tacked onto your credit.

Foreclosed or repossessed homes can honestly be a godsend when you are in the market for a home but can not afford a lot of money for it. These bargain homes are basically homes that the banks are trying to get off of their dime, so they are willing to sell them fairly cheap, which is good for you.

After you have done your research on the property in question, the next step is to schedule yourself a tour of it. This is where you really have to watch everything, as foreclosed on homes are not always in the best condition – so keep that in mind when you are doing your tour.

Concessions: They Will Gain You Tenants!

Heather — Wed, 22 Jul 2009 19:55:06 +0000

Back in the day, it used to be that the homeowner or the landlord made all of the rules. Nowadays, with people constantly trying to gain new commitments and tenants, it is the tenants that actually make the rules nowadays. This is where you as a landlord really need to take some charge and certainly make sure that you give potential renters some concessions.

Concessions are keeping a lot of business afloat and if you are looking to draw up some new contracts for renters, you are going to have to come up with some concessions.

Now, concessions could be anything from your cancellation policy and being lenient on that or simply adding in some short term fixes that might save your tenants some money. You could also reduce your rent or match some of your competitor’s rental properties.

How Much Is A Swimming Pool Worth?

Heather — Sun, 05 Jul 2009 16:05:46 +0000

If there is one thing that I know, it is going to be swimming pools. Whenever you are selling a home that has a swimming pool, you really need to make sure that you understand how much value they add to the home and really use it as a selling point. A lot of buyers will actually base their decision to buy a home on whether or not it has a swimming pool and to be honest; I would love to purchase a house that has a swimming pool. Something about the crystal clear water and the fact that you can have a swim party makes the house seem that much greater.

Another cool selling point is going to be that it really can make the backyard seem pretty cool – meaning the landscaping can tie right into the swimming pool like in this picture. You can add flowers, walkways, ponds – everything can tie right into the landscape around the swimming pool.

So potential sellers, if your home has a pool – you are most likely going to sell it a lot faster than homes without a pool … keep that in mind!

You won’t be able to compete with the Best Las Vegas Pools, but still…. Pools are awesome!