Posted by Jennifer Santosuosso on 7/15/2018

A real estate agent is a must-have for homebuyers, particularly in a highly competitive housing market. However, it is important to understand what it takes to work with a real estate professional to ensure you can enjoy a fast, seamless homebuying experience.

What does it take to get the best results from the homebuying journey? Here are three rules to follow so that you and your real estate agent can work together to find your dream house.

1. Establish Realistic Homebuying Expectations Before You Begin Your Home Search

Buying a home can be a long, costly process if you're not careful. But with the right real estate agent at your side, you can simplify your house search.

Ultimately, you should work with a real estate agent to establish clear-cut homebuying expectations before you embark on your search for the perfect residence. This will enable you and your real estate agent to work together to achieve a common goal.

With realistic homebuying expectations, you'll be able to help your real estate agent understand what you'd like to find in your dream residence. Meanwhile, your real estate agent can get to work and keep you up to date about available homes that will meet or exceed your expectations.

2. Understand Your Real Estate Agent's Role in the Homebuying Process

A real estate agent should define his or her role in the homebuying process. That way, you'll know exactly what to expect as you go from homebuyer to homeowner.

Typically, a real estate agent will set up home showings, negotiate with home sellers on your behalf and offer honest, unbiased homebuying recommendations. He or she also should be available to respond to your questions throughout the homebuying journey.

Your real estate agent will be happy to assist you in any way possible. By doing so, he or she will make it simple for you acquire to acquire your ideal residence at a price that matches your budget.

3. Ensure That Both You and Your Real Estate Agent Are Comfortable Working with One Another

Communication plays a key role in the success of a homebuyer and his or her real estate agent. If you keep the lines of communication open with your real estate agent, you should have no trouble staying on top of the housing market.

In most instances, a real estate agent will be able to keep in touch with a homebuyer via phone, email and text. At the same time, you should try to remain available to your real estate agent as much as possible.

With ongoing communication with your real estate agent, you'll be able to stay informed as new properties become available that fit your homebuying criteria. Furthermore, your real estate agent can help you alleviate stress by listening to your homebuying concerns at each stage of the homebuying journey.

Many real estate professionals are available in cities and towns nationwide. Start your search for a real estate agent today, and you can move one step closer to discovering your dream home.




Categories: Uncategorized  


Posted by Jennifer Santosuosso on 6/24/2018

If you plan to pursue a condo, it generally is a good idea to know exactly what to expect. That way, you can map out a successful condo buying journey, one that ensures you can avoid potential pitfalls along the way.

Ultimately, there are many factors to consider as you get ready to embark on the condo buying journey, and these include:

1. Where You Want to Live

The condos in a big city often are very different from those available in a small town. Thus, you should make a list of your condo must-haves prior to starting a condo search to boost the likelihood of a seamless condo buying experience.

Furthermore, think about where you want to live before you kick off your condo search – you'll be happy that you did. Because if you can narrow your condo search to properties in a group of cities or towns, you may be able to speed up your condo search.

2. Your Budget

If you intend to buy a condo, you'll likely need a mortgage. Thankfully, many banks and credit unions are available, and these lenders can teach you everything that you need to know to put together a successful budget.

Banks and credit unions employ friendly, knowledgeable mortgage specialists. If you connect with these mortgage specialists, you can learn about a variety of mortgage options and make an informed mortgage selection.

Also, don't forget to plan ahead for potential condo dues. Most condos provide lawn care, snow removal and other amenities that are covered under monthly or annual condo fees. Although these fees may not be included in your mortgage, you'll need to put aside funds each month to cover them. Therefore, you'll want to account for potential condo fees as you craft your condo buying budget.

3. Condo Living

Living in a condo and residing in a house are not the same thing. As such, you should try to prepare for condo living as much as possible to ensure that the condo lifestyle is right for you.

For example, condo owners typically won't have to worry about performing lawn care thanks to their condo fees. At the same time, condo owners will need to comply with various regulations established by a community's homeowner's association (HOA). In fact, failure to comply with HOA rules could result in fines or other penalties.

If you want to get a better understanding about what it's like to live in a particular condo community, it may be beneficial to consult with a real estate agent with condo buying expertise. This housing market expert can offer insights into different condo communities in your city or town. Then, if you want to pursue a condo in a specific community, a real estate agent can help you purchase your ideal condo.

Ready to take the guesswork out of buying a condo? Consider the aforementioned factors, and you can streamline the process of going from condo buyer to condo owner.




Tags: Condo   buyer tips  
Categories: Uncategorized  


Posted by Jennifer Santosuosso on 9/3/2017

An open house allows a homebuyer to explore a residence. And ultimately, this event may help a homebuyer determine whether to submit an offer on a home. For homebuyers, there are many terrific reasons to attend an open house, including: 1. You Can Learn About a Home from a Home Seller's Real Estate Agent. Although you may spend time reviewing home listings online, there may be information about a house that is unavailable on the web. Fortunately, an open house enables you to speak directly to a home seller's real estate agent and find out more information about a residence. From learning whether a home seller is motivated to sell quickly to finding out which internet services providers are available in the area, a home seller's real estate agent should be able to answer any questions you may have during an open house. As a result, you can receive plenty of insights that can help you make an informed decision about whether a particular residence is right for you. 2. You Can Check Out the Overall Condition of the Home. Online photos sometimes can be deceiving, but an open house allows you to get an up-close look at a residence and find out if it fulfills your personal needs. For instance, an open house will enable you to check out the size of each room as well as the overall condition of the home's exterior and interior. Plus, you may be able to review the performance of a home's air conditioning and heating systems and find out if these units will need to be repaired or replaced in the near future. Perhaps best of all, an open house gives you the chance to envision what life could be like if you bought a residence. Because you can walk around the home and explore it at your leisure during an open house, this event provides you with the freedom to evaluate a residence in a pressure-free situation. 3. You Can Find Out if There Is Significant Interest in a Home. Typically, a home seller's real estate agent will set up a sign-in sheet for attendees who visit an open house. This sheet enables a home seller to see how many people attended an open house and may provide you with a good indication about whether there is substantial interest in a residence. It is important to remember that the housing market is competitive, regardless of whether you're searching for a residence in a buyers' or sellers' market. As such, if an open house is filled with people, there likely is significant interest in a house. And if only a few people attend the event, there may be a greater chance that a home seller would accept an offer below his or her initial asking price. Ask your real estate agent for information about open houses in your area – you'll be glad you did! This real estate professional will be able to keep you up to date about open houses and help you find your dream home quickly and efficiently.




Categories: Uncategorized  


Posted by Jennifer Santosuosso on 5/7/2017

Buying a condo may seem like an uphill climb, particularly for those who are browsing the real estate market for the first time. Lucky for you, we're here to help you take the guesswork out of finding the right condo.

What does it take to locate a high-quality condo at an affordable price? Here are three tips that every first-time condo buyer needs to know.

1. Explore a Wide Range of Condos

The real estate market is filled with many first-rate condos, and the sheer volume of properties that are available may feel overwhelming at times. Therefore, you should allocate the necessary time and resources to find a condo that suits you perfectly.

Don't be afraid to check out several condos over the course of a few days or weeks. By doing so, you can better understand what you'd like to find in the ideal condo.

Of course, if you fall in love with a condo, you should be ready to submit an offer. That way, you can avoid the risk of missing out on a great condo that matches or exceeds your expectations.

2. Determine How You'll Pay for a Condo

Many property buyers get pre-approved for a mortgage, and for good reason. With a mortgage in hand, you'll know exactly what you can afford as you review the real estate market.

Meet with a variety of banks and credit unions. These lenders will be able to provide you with multiple mortgage options and respond to your financing concerns and queries.

Also, keep in mind that the price of a condo may extend beyond your monthly mortgage payments.

In many instances, condo communities have homeowners' associations (HOAs) in place that will charge monthly fees. Learn about any HOA fees in advance, and you'll know exactly what you'll need to pay each month to live in a particular condo community.

3. Work with a Real Estate Agent

No one should be forced to evaluate condos on their own. Fortunately, you can hire a real estate agent to streamline the process of finding a terrific condo.

A real estate agent with condo experience understands the hurdles that may arise during a condo search. As such, he or she will do whatever it takes to ensure you can get the best results possible as you look for the perfect condo.

For instance, a real estate agent will set up condo showings and keep you up to date about open houses. This real estate professional will even negotiate with a condo seller on your behalf, which means you won't have to worry about breaking your budget to purchase a stellar condo.

Employing a real estate agent enables you to get expert advice at each stage of the condo buying process too. Thus, you can receive instant responses to your condo buying questions at any time.

Simplify the process of buying your first condo – use the aforementioned tips, and you can boost your chances of acquiring a superb condo at a budget-friendly price.




Tags: Condo   buyer tips   Buying a home  
Categories: Uncategorized  


Posted by Jennifer Santosuosso on 5/15/2016

When you are looking to buy a home or refinance it is important that your credit is in tip-top shape. It is often a credit score that gets in the way of a home buyer and their dream home. Credit today means everything as far as your purchasing power. So if you want to be ready when opportunity knocks read on for some for smart ideas on how to keep your credit score going up.

1. Use your credit cards.

This may sound funny but it is important to have credit over having no credit. Paying in cash and over using credit cards isn’t always a good move for your credit score. Cards that are seldom used are often shut down or closed by the credit card companies. Because 30 percent of your credit score is based on your debt-to-credit-limit ratio you will want to have a high your total available credit. Having one account closed increases that ratio of available credit to debt and thus lowers your credit score.

2. Pay off your credit cards.

It may seem to make sense to pay off the highest-interest card first and save the most money in the end. But your credit score will get a bigger boost from knocking off the lowest-balance card. Instead of spreading your monthly payments equally among credit cards, pay down the lowest-balance card first and pay minimum balances on the rest. As you pay off each card, apply the money you would have paid on it to the next-lowest-balance card.

3. Don’t close cards once they are paid off.

The length of time you’ve had credit determines fifteen percent of your score. By closing your oldest account, you can shorten the length of your credit history causing a big hit to your score.

4. Keep the balance low

Much of your credit score is determined by your debt-to-credit-limit ratio on individual accounts. Maxing out one card raises your debt-to-credit-limit ratio and your credit score. So be sure to keep balances as low as possible. Try to target no more than 30 percent of your credit limit.

5. Stay away from retail-card accounts.

These are a big no-no. Retail store cards often have lower limits and higher interest rates. So running up balances on low-limit store cards affects your credit score more negatively than does using one or two bank cards. So in the long run the fifteen percent you were going to save on the one purchase will probably cost you more in the end.