Margus Deery's Blog
After a seller accepts your offer to purchase his or her house, it likely will be only a few weeks before you can wrap up your home purchase. And if you understand exactly what to expect during the homebuying process, you should have no trouble eliminating potential hurdles along the way.
Now, let's take a look at three tips to help you accelerate your journey from homebuyer to homeowner.
1. Conduct a Home Inspection
A home inspection is paramount for a buyer. Because if you encounter home problems during an inspection, you still have an opportunity to back out of a house purchase.
Hire an expert home inspector – you'll be glad you did. This inspector will assess a house both inside and out and offer comprehensive insights into a residence's condition.
Of course, you should always review a home inspection report closely too. This will enable you to analyze a house and determine whether to move forward with a home purchase or reconsider your options.
2. Perform an In-Depth Home Appraisal
Oftentimes, a lender will require an appraisal before you can close on a house. Lucky for you, there are many home appraisers available in cities and towns nationwide, and these property experts can perform an appraisal at your convenience.
Spend some time looking for the top appraisers in your area. By doing so, you can find a home appraiser who will go above and beyond the call of duty to provide an accurate appraisal.
3. Prepare for Closing Day
As closing day approaches, your stress levels may rise accordingly. However, a homebuyer who plans for closing day can stay calm, cool and collected as the homebuying journey reaches its conclusion.
Generally, it is a good idea to prepare any documentation that you'll need for a home closing. If you have all of the necessary documents ready in advance, you can avoid the risk of potential delays when you close on a house.
If you need additional assistance in the weeks or days leading up to a house closing, you may want to collaborate with a real estate agent as well. In fact, a real estate agent can offer extensive support as you navigate the homebuying journey.
Initially, a real estate agent will help you narrow your house search and ensure you can find your ideal residence. He or she then will help you prepare a competitive offer for this home. And once your offer is accepted by a seller, a real estate agent will provide plenty of guidance as you get ready to finalize a house purchase.
A real estate agent also will respond to any concerns or questions that you may have throughout the homebuying journey. That way, you can make informed decisions as you pursue your ideal residence.
Get the help you need to wrap up a home purchase – collaborate with a real estate agent, and you can streamline the homebuying journey.
71 Osgood St, Andover, MA 01810
Selling a home should be a fast, easy process. However, challenges may arise that prevent you from quickly selling your house and maximizing your property sale earnings. And if you fail to plan ahead for the home selling journey, these challenges may get the best of you.
Ultimately, there are several things you need to know before you list your residence, such as:
1. The housing market fluctuates constantly.
The housing market in your city or town may change frequently. Fortunately, if you allocate time and resources to analyze the local housing sector, you can determine if a buyer's or seller's market is currently in place and prepare accordingly.
In a buyer's market, there may be an abundance of quality houses that sell within weeks or months of their initial listing dates. Comparatively, in a seller's market, there may be a shortage of first-rate residences, and the best houses generally will sell shortly after they are listed.
To determine if a buyer's or seller's market is in effect, you should find out how quickly houses are selling in your city or town. You also should assess how your house stacks up against comparable residences that are currently available. With this housing market data in hand, you may be better equipped than ever before to succeed during the home selling journey, regardless of the current real estate sector's conditions.
2. Your home's curb appeal may have far-flung effects on your property selling experience.
How your home looks to buyers may dictate your house selling success. For instance, if your residence boasts amazing curb appeal, it may generate lots of interest from prospective buyers. On the other hand, if your house fails to impress buyers when they see it for the first time, your residence may linger on the real estate market for an extended period of time.
For a home seller, it often is beneficial to upgrade a residence's curb appeal. Because if you mow the lawn, trim the hedges and perform other home exterior upgrades, you could differentiate your residence from other available houses. As such, you could stir up significant interest in your home.
3. Working with a real estate agent may help you speed up the house selling journey.
A real estate agent is crucial for a home seller, as this housing market professional can offer expert insights into the property selling journey. If you need help establishing a competitive initial asking price for your residence, for example, a real estate agent is ready to assist you. Or, if you want to sell your home as quickly as possible, a real estate agent can help you do just that.
As you get set to list your residence, you should plan ahead. If you start preparing for the house selling journey today, you could enter the real estate market as a property selling expert. As a result, you could reap the benefits of a quick, profitable house selling experience.
71 Osgood St, Andover, MA 01810
Floods are one of the most terrifying events to occur in any home, especially if it’s the result of a natural disaster. As expected, your priority should be the safety of your family, and while you make arrangements for their protection, you can do the following things before repairs start.
1. The first step is to cut off the power supply.
Be very careful before going in to grab items as flood water could carry an electrical current to electrocute you or even cause a fire, as well as bring bacteria and microbes into your home. Locate your circuit panel and shut off all power circuits, even if the power from the grid is off. Watch out for signs of potential danger, like a collapsed roof. If the home appears unsafe to enter, do not attempt to go inside.
2. Document Everything
Since you do not know how long it will take before the insurance process kicks in, you will need to start compiling documentation of everything. Pictures and videos are essential, as well as written reports about the condition of the home. If the house worsens after the initial damage let your records reflect it. The claims adjuster will carry out another investigation on getting to your property and the more information you offer, the better informed they can be during their assessment.
3. Begin the Repair Process
As soon as you can, drain the water from your home. If you have a sump pump, you can elect to do it yourself, or you could decide to hire an expert for the job. Take extra caution when paying for services if your claims adjuster is not done assessing the degree of the damage. It’s advisable that you keep receipts for whatever you purchase, no matter how unimportant you think it is.
4. Be Patient and Cautious
If your region was declared a disaster area because of the flood, you might have to spend a long time before you get access to repair services. Protect yourself from repair scams by asking anyone who comes to your home to provide identification and confirmation that they are from your insurance company, as many conmen often use this con to defraud victims.
If you need special help and assistance from FEMA or other relief agencies, don't hesitate to reach out to them.