Thunderbird Realty's Blog
No one wants to face a homebuying dilemma. Yet problems may arise during the homebuying journey that make it tough for an individual to find and buy his or her dream residence. Lucky for you, we're here to help you prepare for potential homebuying dilemmas and ensure you can quickly address these issues.
Now, let's take a look at three tips to help you avoid a homebuying dilemma as you search for your ideal house.
1. Craft a Homebuying Strategy
If you intend to embark on a home search, it often helps to enter the real estate market with a plan in hand. That way, you can streamline your house search and boost the likelihood of finding a quality home that matches your expectations.
Think about where you want to live, as well as the features you want to find in your dream home. Then, you can create a homebuying strategy designed to help you discover the right house.
2. Get Pre-Approved for a Mortgage
Obtaining home financing may prove to be problematic for some people. However, if you apply for a mortgage today, you can start your search for your dream home with a budget at your disposal.
There is no shortage of mortgage options available to homebuyers nationwide. Adjustable- and fixed-rate mortgages are two of the most popular options for homebuyers. Meanwhile, banks and credit unions can teach you about adjustable- and fixed-rate mortgages and other home financing options at your convenience.
If you meet with banks and credit unions, don't hesitate to ask mortgage questions, either. If you learn about all of your mortgage options, you can make an informed home financing selection that may serve you well for years to come.
3. Hire a Real Estate Agent
There is no telling when a homebuying dilemma will crop up during your search for your dream residence. Fortunately, if you hire a real estate agent, you can receive expert assistance with any homebuying dilemma, at any time.
A real estate agent understands the challenges commonly associated with buying a home. Therefore, he or she will do everything possible to help you address these challenges as you navigate the homebuying journey.
Typically, a real estate agent will help you craft a property buying strategy, narrow your home search and establish realistic homebuying expectations. He or she also will set up home showings, teach you about different aspects of the housing market and provide homebuying recommendations and suggestions.
If you discover your dream residence, a real estate agent will help you put together a competitive offer to purchase this home too. And if your homebuying proposal is approved, a real estate agent will help you finalize your house purchase as quickly as possible.
There is no need to stress about homebuying dilemmas. If you take advantage of the aforementioned tips, you can get ready for potential homebuying problems and resolve these issues before they escalate.
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A struggle that everyone faces is keeping priorities straight. As careers advance, families grow, and financial responsibilities increase, some priorities fall by the wayside.
One example of how that can happen is with home security. When you have your mind on twenty other things that need to be taken care of this week, it's easy to forget about consistently locking doors, turning on security lights at night, and being observant of suspicious activity or people in your neighborhood.
There are dozens of home security mistakes people make every day, most of which are the result of complacency or a lack of awareness. Probably one of the biggest security blunders many homeowners and renters make is broadcasting the fact that they're away from home, traveling, or planning to leave the house for any period of time.
In many cases, you may be unaware of security breaches you're creating. In an era in which nearly everyone has a social media presence, it's very common to let your guard down and announce on Facebook or another platform that you're planning to go to a high school reunion, a wedding, or a week-long vacation at a Florida theme park.
While sharing personal information on social media or blogs may be one way to keep in touch with friends and family, it's often safer to be a little vague about exact dates and times you're away from home. Once you've returned, there's certainly no harm in providing a full account of your travel adventures, but doing so beforehand can be a little risky -- especially if you haven't set your social media account settings to private
Forgetting to have your mail or newspaper delivery suspended for the duration of your absence is another way people inadvertently advertise the fact that their house is unoccupied. The ideal scenario is to have a trusted neighbor keep an eye on your home while you're gone. That enables them to report any trespassers or other suspicious activity to the police.
Even if you don't have mail or unread newspapers piling up in your mailbox, driveway, or front steps, there's still the chance that an unexpected package will be delivered and left out in the open for passersby to see. You can't always predict when a box, a catalog, or an advertisement is going to be left at your home, so it pays to have a friend, relative, or neighbor check on your house daily to remove any telltale signs that no one's home.
Perhaps the ultimate in home security is to have closed circuit cameras, monitored alarms, and/or a wireless security system installed in your home. Once you get the hang of it, being able to monitor and control different aspects of your home environment remotely can enhance your security, your safety, and your sense of well-being.
The neighborhood you live in has just as much to do with the value of your home as the features of the house itself. The right amenities in a community can increase the value of your home significantly. Read on to find out the most desirable features of any area.
Places To Walk
Whether it’s immaculate sidewalks, hiking trail, or parks, anywhere that you can be outdoors and walk easily increases the value of the nearby homes. This is because it’s great for families to get out, get some exercise, and not have to go very far. This feature can bring in anywhere from a few hundred to over a thousand dollars above your home’s asking price.
We often take trees for granted, but trees that have grown up around a property can add some value to the home. Think of it in the context of, however natural a neighborhood is, the higher the value of the homes in it. Before you think about cutting down any trees around your house, consider the fact that grown trees can increase the cost of a home by up to 5%!
Neighborhoods that are surrounded by historic districts, landmark homes, or other places of historical interest have the higher value. For one, these are usually walkable neighborhoods. Second, your area has a story unlike any other. It’s a fun place to get out and explore. All homes in these historic districts aren’t ancient; you can find some newer construction homes in these areas, which means that there’s truly something for everyone!
A dog-friendly neighborhood is a valuable neighborhood. People love places that they can take their dogs like dog parks. This especially holds true in the city where yard space is limited. Even better is a neighborhood where dogs can be seen in restaurants and coffee shops. If you can drive around the block and see people walking dogs everywhere, it’s a good bet that it’s dog-friendly! People love their pets and want them to be a part of the family, so they need to live in a place that allows them to do that.
All The Essentials
If your neighborhood is near all of the essential things that people need on a daily basis, your home’s value may increase. Places like grocery stores, pharmacies, shopping malls, hospitals, and safety support services all play a role in improving the value of homes in a neighborhood.
A Sense Of Community
If a neighborhood has community groups, a neighborhood watch, or other organizations that help to bring about a community feel, your home may be a bit more valuable than you think it is.