Real Estate Report

Buying your first home can be a stressful event. The process can be a long one, and there are a lot of things that you need to do to prepare yourself. It can be helpful to take a bird’s-eye view so you can better prepare ready yourself for the journey ahead. First, you will have to figure out your needs, wants and budget. This will guide you through every other step of the process. It’s important to determine these things in the beginning, so you don’t waste time heading down dead ends. A home is so much more than looks …

Because homes are such huge purchases, regrets loom large and you want to do everything in your power to avoid them. Here are a few items to pay close attention to prior to signing on the dotted line at the closing table. A property inspection is one expense you should never skimp on. Trust me when I tell you will regret it if you do. Besides the typical home inspection there are many other possible features that may require special attention. Does the property have a pool? Is there a septic system? Are there solar panels that power the property? …

When you’re buying a home, waiving your rights to a property inspection if often recommended with a couple of notable exceptions. A home inspector protects your investment and reveals potential issues that might not be visible to the naked eye. Look at it this way: How happy would you be with your property if you only discovered it needed $10,000 worth of immediate repairs AFTER the sale was final. Inspectors look for health and safety concerns, and can usually uncover such issues as faulty electrical wiring or heating-and-cooling systems, and even structural defects that the average person would never notice. …

I have more than a decade of experience in real estate and I honestly had no idea how the industry would be impacted when COVID-19 hit. I had several concerns at the start of the pandemic. Here are the five things that took me by surprise. The first thing I wondered was, “Are people really going to be selling or buying a house during all of this?” I was shocked that the answer is yes! Houses are flying off the market right now like never before. Some even being sold within 24 hours of being listed. The second thing I …

Buying property is one of the biggest investments you’ll make in your entire life. To get the most out of that investment, you need to find the right broker. You’ll need to do a lot of research before you make you decide, but all the upfront effort will be well worth it in the long run.   One thing you want to pay attention to when picking a broker, is how much experience they have. Ask them how long they have been in the business and which areas they usually work in. Getting referrals from friends, family, neighbors, or anyone …

With a lockdown that seems to go on forever, it’s safe to say we’ve all spent a lot more time at home than we ever have before. As a result, we’ve all become intimately familiar with the things about our home that we love and the things we’d love to change. If you were planning on buying a new home before COVID-19, spending a lot of time in your current home will help you decide what you want by giving you the opportunity to look closely at what you have and don’t have right now with an eye toward what …

There are many common misconceptions when it comes to real estate brokers and brokerages. Many people think, for example, that all brokers and brokerages are alike. Nothing could be further from the truth. Finding the right broker can make a huge difference in your buying or selling experience. If you’re looking to buy a house, be sure your broker knows the neighborhoods you’re interested in. Having a high level of knowledge and experience translates into an ability to find you the best possible house for you given your price range, needs and tastes. Your broker also needs to be surrounded …

With the Covid-19 pandemic in full swing as Fra Noi goes to press, business has been affected in unprecedented ways. It’s hard to predict what’s going to happen in the real estate industry during normal times, let alone at times such as these. Here’s what we do know. Real estate sales has been deemed an essential business by the governor during the lockdown, so realty can and is being bought and sold. Mortgage applications were booming toward the beginning of March after the interest rate cut, but the lockdown put a damper on subsequent sales. Buyers and sellers have legitimate …

When it comes to selling your home nowadays, it’s all about staging. When buyers are looking for a home, they want to see something clean and simple. They want to be able to imagine themselves living there, and that’s hard to do when all they can see is someone’s else’s home. You want the buyer to be able to picture it as their own. Most buyers shop for homes online these days, and the most important part of online shopping is the pictures. If the home isn’t eye-catching in the photos, the buyer is a lot less likely to want …

You’re deciding whether to buy property as part of a homeowner’s association, and you’re excited at the prospect of shared amenities like lawn care and snow removal. Before you sign on the dotted line, though, be sure to read the bylaws or rules-and-regulations packet completely. There are several items that a homeowner’s association may not be able to legally enforce. Most homeowner’s association will deny your rights to solar drying, a fancy way of saying drying on clotheslines. This old-school method may mean sun-kissed laundry to you, but to your homeowner’s association it may be an eyesore. Many states, though, …