Marlene Oxford DMS's Blog
The home inspection may seem like a standard thing that you need to go through in the process of buying a home. Really, you’re paying for the home inspection, and it’s a huge opportunity for you. As a home buyer, you should look at the home inspection as an educational event for homeowners. You’ll learn a lot about the history of the property that you’ll be living in. From water that may have been present in the basement to a leaky roof, you’ll get to know your new home and how everything works.
When you hire your home inspector, he or she may seem like they are talking to experts. For this reason, it’s a good idea to ask questions during the inspection so that you can clarify what the inspector is talking bout.
Is This Problem Urgent?
It’s a good idea to see how soon any problems in the house need to be fixed. If the roof needs to be replaced within 3-6 months and your finances are tight, it’s something that you’ll want to know about. While home inspectors will reserve their opinions about a property overall, professionally, they can tell you how big of an issue certain things are. You may need to hire a certified professional who specializes in a certain area like plumbing or electricity for further evaluation in many cases. For your own knowledge, it’s a good idea to know what needs to be done around the property and when.
You’re never going to remember where everything is in the house on the first pass. It’s a good idea to carry a notepad with you when you’re going through the home. Make notes of any major issues, where they are, and how to fix them. This way, even after the inspection report is sent, you’ll have something to refer back to.
Is This At The End Of Its Lifespan?
Your home inspector will take a look at all of the moving parts of the home that you’re about to purchase. This includes the appliances. Is the dishwasher on its last leg? Will you need a new refrigerator very soon? Is that creak in the floor more than just a problem with a floorboard? If you find out what to expect from both the major and minor issues in the home, you’ll have a better idea of what to expect from the property overall.
Home inspectors give you an overview of the condition of a home. Inspectors will tell you that there is no home that comes completely clean when it comes to an inspection. Even a brand new home that was just built will have some issues. While it may not be the most fun to find out that your new home needs a new roof, at least you and your realtor will know what needs to be brought to the negotiation table if you decide to go through with the purchase of the home.
Looking to buy or sell a house in the near future? Hire a real estate agent, and you should have no trouble achieving the best possible homebuying or home selling results.
Ultimately, there are many great reasons to trust a real estate agent throughout the homebuying or home selling journey, including:
1. A real estate agent boasts comprehensive industry experience.
When it comes to buying or selling a house, there is no reason to work alone. Fortunately, real estate agents are available who possess extensive industry experience and understand what it takes to buy or sell a home, regardless of the current housing market's conditions.
An experienced real estate agent is easy to find – all you have to do is search.
With a simple online search, you can discover dozens of qualified real estate agents in your area. Then, you can reach out to local real estate agents and find one who can help you navigate the homebuying or home selling journey.
2. A real estate agent can help you accelerate the process of buying or selling a home.
The process of buying or selling a house can be time-consuming. Conversely, a real estate agent understands what it takes to streamline the homebuying or home selling cycle.
For a homebuyer, a real estate agent will help this individual discover a great home in no time at all. In fact, a real estate agent will set up home showings, keep a homebuyer up to date about new houses as they become available and ensure a homebuyer can narrow his or her home search. That way, a real estate agent will make it simple for a homebuyer to quickly and effortlessly complete the property buying process.
On the other hand, a real estate agent will help a home seller add a property to the real estate market and optimize the property's value. This housing market professional will even negotiate with homebuyers on a home seller's behalf to boost a seller's chances of generating a profit from a home sale.
3. A real estate agent knows how to handle tough situations.
Buying or selling a house should be a fast, seamless process. However, this rarely, if ever, is the case.
Luckily, a real estate agent knows how to handle difficult situations and ensure a homebuyer or home seller can overcome assorted hurdles. He or she can help an individual alleviate stress and proceed with confidence throughout the homebuying or home selling journey.
If you need a helping hand as you get ready to buy or sell a house, it pays to collaborate with a real estate agent. This housing market professional is a real estate expert, and as such, will do whatever it takes to help you accomplish your homebuying or home selling goals.
Employ a real estate agent today – you'll be happy you did. With a real estate agent at your side, you can increase your chances of enjoying a successful homebuying or home selling journey.
There’s a lot to buying a home. There’s no perfect home. Home inspectors will tell you that even brand new houses have their issues. If you know the right questions to ask before you even buy a home, you’ll be armed with a knowledge that you wouldn’t otherwise have. There are some very revealing questions that you can ask sellers to help you get some insight into a property. These questions can usually also be answered by your home inspector when you get to the inspection process.
Have You Had Water Damage Or Pipe Issues?
Water damage is a big deal. It can hide mold and other damage. There’s also a big issue if the pipes in a home have previously burst, or caused water damage on their own. Especially in cold climates, water damage and burst pipes can be common if the piping has not been properly insulated.
The Age Of The Roof
If the roof on a home has been recently replaced, that’s a huge bonus to buying the home. Roofing typically lasts about 25 years until it needs to be replaced. If a roof is getting close to the end of its lifespan, you can ask for a rebate or be wary that repairs will need to be made in the near future.
If a home has had any kind of significant pest infestation, then you’ll want to know about it and be sure that it has been resolved. There could be some underlying conditions within the home itself that have made the pest infestation possible. Whether there’s some unaddressed holes, rotting wood, or hidden leaks, they’ll need to be taken care of so that an infestation doesn’t reoccur.
This may sound strange but some people will run out of their homes as fast as they can if they see a ghost or something else. “Haunted houses” are a particularly difficult sell. This includes homes with:
- Ghost sightings
- Unusual deaths
- Drug labs
Many states require that these problems and conditions be revealed in a disclosure statement. Other states do not legally require this. Check local laws to find out more about paranormal activity disclosures.
Some other great questions to ask when you’re in the process of buying a home are:
- Will your car fit in the garage?
- How much are the utility costs?
- Who are the utility companies?
- Does the home have a sewer or a septic tank?
- Are there any warranties left on items in the home?
Asking these questions not only helps you as you move into a new home, but it helps you to get a better understanding of what types of insurance you need to put on your home. If you need to add a few extra pieces to the policy to protect yourself due to any information that you learn, you’ll feel safer.
Selling a home may prove to be a long, arduous process. However, if you act as a reasonable home seller, you can identify home selling challenges and overcome such problems without delay.
Now, let's take a look at three tips that you can use to become a reasonable home seller.
1. Learn About the Housing Market
Real estate is complex, particularly for home sellers. Fortunately, many housing market resources are available to help you become a real estate expert.
For example, any home seller can perform an online search to evaluate the housing market in any city or town. Then, a home seller can use this real estate data to analyze the prices of houses that are similar to his or her own and price a residence appropriately.
Home sellers also should look at the prices of recently sold houses in nearby areas. That way, a home seller can find out whether he or she is preparing to enter a seller's or buyer's market and plan accordingly.
2. Try Not to Get Too Emotional
Let's face it – any home selling journey likely includes plenty of ups and downs. But a home seller who understands the best- and worst-case home selling scenarios may be better equipped than others to stay calm, cool and collected, even in the most challenging situations.
Although a home seller may expect his or her home to sell quickly, it is important to set realistic expectations before you list a residence. This will enable you to avoid potential pitfalls that otherwise can prevent you from achieving your home selling goals.
For example, a home seller who receives a home appraisal will have a good idea about the true value of his or her house. And if the home seller receives a home offer that falls well below the appraisal amount, he or she won't feel disappointed. Instead, this home seller should have no trouble politely declining or countering the proposal.
3. Consult with a Real Estate Agent
If you're unsure about how to price your home or promote your house to the right groups of homebuyers, it often pays to get expert help. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you make informed home selling decisions.
A real estate agent possesses comprehensive housing market expertise and is happy to share his or her home selling insights with you. This means if you ever have questions about what to include in a home listing, your real estate agent can help you out. Or, if you are uncertain about whether to upgrade your house's interior or exterior, your real estate agent is available to provide honest, unbiased home improvement recommendations.
Becoming a reasonable home seller can make a world of difference in any housing market, at any time. Take advantage of the aforementioned tips, and you can quickly and effortlessly navigate the home selling journey.
- The quality of their Web site: If a real estate agent has a Web site that looks disorganized, amateurish, or outdated, then that could speak volumes about their own flaws. In this day and age, a fully functional and professional-looking website is an essential marketing tool in the real estate business. Having access to the latest marketing tools and techniques is a vital aspect of selling your home in the shortest possible time. Agents who are not making full use of the Internet to market their listings are doing themselves and their clients a disservice. If they can't present themselves in the best possible light on the Internet, then it raises questions about their presentation style, in general. On the other hand, if a Realtor or real estate agent maintains an up-to-date, professional-looking website that is user-friendly and loaded with helpful information and search capabilities, then that's one indication they're conscientious, resourceful, and in touch with relevant technology. A timely and informative blog is another positive sign that they're tech-savvy and passionate about what they do for a living.
- Attitude and energy level: A great real estate agent has the ability to look at the "big picture" and realize that there will be peaks and valleys in every transaction and marketing campaign. If you choose them over the competition, you'll eventually depend on that agent to be a problem solver, a cheerleader, and a source of positive inspiration throughout the process. When you take into account how much is riding on the sale of your home, you realize the importance of selecting a well-organized, professional, and highly motivated agent. If you're interviewing one that spends too much time complaining about market conditions, other clients, or all the "red tape" involved in real estate transactions, then RUN -- don't walk -- to the nearest door! (That advice would, of course, need to be modified if you're meeting with them in your own home.) Here's the bottom line, though: To be able to capitalize on opportunities and produce the best possible results, a great real estate agent needs to maintain a positive attitude -- especially in the face of temporary setbacks.