Chris Smith's Blog
A home inspection enables a buyer to examine a residence and identify any underlying structural issues. Plus, the assessment allows a buyer to receive a report that details a home inspector's findings to help him or her determine how to proceed in the homebuying journey.
Ultimately, it helps to prepare as much as possible before you conduct a home inspection. If you allocate time and resources to get ready for a home inspection, you'll be better equipped than ever before to achieve the best-possible inspection results.
Let's take a look at three tips to help you prepare for a home inspection.
1. Hire an Expert Home Inspector
There is no shortage of home inspectors for hire in cities and towns nationwide. However, differentiating an average home inspector from an expert one can be difficult.
When it comes to getting ready for a home inspection, it pays to hire an expert to assess a residence both inside and out. Because if you have an expert home inspector at your side, you can learn about myriad home problems before you finalize a house purchase.
To find an expert home inspector, it helps to reach out to home inspectors in your area. Learn about each home inspector's expertise and ask for client referrals. After you perform an extensive evaluation of home inspectors, you can hire an expert home inspector to assess any residence, at any time.
2. Develop a Game Plan
If you want to achieve the optimal results during a home inspection, it helps to enter the inspection with a plan in hand. That way, you can evaluate all aspects of a residence and improve your chances of identifying both minor and major home issues.
Ensure your home inspection plan includes assessments of a house's interior and exterior, as well as a residence's attic, basement and roof. Also, you should test a home's heating and cooling system during an inspection.
3. Consult with a Real Estate Agent
A home inspection may prove to be difficult if you fail to plan accordingly. Luckily, if you hire a real estate agent, you can get the support you need to maximize the value of a home inspection.
Typically, a real estate agent will guide you along the homebuying journey. Once a seller accepts your offer on a home, a real estate agent can put you in touch with the best home inspectors in your area. Then, you, your real estate agent and your home inspector can work together to perform a successful home evaluation.
A real estate agent will provide plenty of assistance after a home inspection too. And if you are uncertain about how to proceed with a house after an inspection, a real estate agent can offer recommendations to help you make an informed decision.
Want to take the guesswork out of a home inspection? Use the aforementioned tips, and you can prepare for an upcoming home inspection.
One of the worst mistakes you can make when looking for a new home is to allow yourself to become discouraged. Once that happens, your energy level drops, your optimism wavers, and your standards slide.
Searching for just the right house for you and your family may take longer than you expect, but success is often right around the corner! In the mean time, persistence and mental focus will help you get past the rough spots and detours. If you decide to work with a real estate buyers' agent, they will help keep you motivated, encouraged, and updated on new listings.
Although a certain amount of flexibility is necessary when you're in the market for a new home, there are advantages to having a clear picture in your mind of what you're looking for. There are a lot of factors that can play a role in your degree of happiness and comfort in a new home, and it's vital to recognize exactly what those key features and characteristics would be.
Here are a few things to mull over as you visit homes for sale and compare the pluses and minuses of each.
- Location: In addition to seeking out a neighborhood that's convenient for shopping, commuting, and meeting your family's needs, it also pays to keep investment value in mind. While nobody can look into a crystal ball and say with absolute certainty that property values will increase in the foreseeable future, there are educated guesses and projections that can be made based on trends and available data. An experienced real estate agent can be one of your best resources in determining whether a neighborhood is growing or declining. Very often there are telltale signs that are worth paying close attention to when evaluating different homes for sale.
- Architectural style: While many house hunters are only interested in features like square footage, lot size, and the quality of the school district, you may have preferences for specific architectural styles. Finding a house that conforms to your architectural preferences can make a big difference in your level of satisfaction. Although there are more than thirty different styles from which to choose, many people lean toward Colonial houses, Craftsman style homes, Contemporaries, Ranch houses, Tudors, Victorians (Queen Anne, for example), Cape Cods, Art Deco houses, Split Levels, and Bungalows. Other style possibilities include Dutch Colonials, Georgian-style houses, and Spanish-influenced architectures , such as the Monterey, Spanish Eclectic, and Pueblo. While some styles tend to be mostly confined to certain areas of the country, most communities have a wide array of architectural styles available to home buyers.
- Condition of the Home: Some of a house's flaws are easy to spot, while others may require the expertise of a certified house inspector. The extent to which you're willing to make repairs, updates, and renovations to a new home will be one key factor that will determine which house is best for your needs, goals, and budget.
Home renovations are generally thought of as a good thing. You can update your home for your own comfort. New amenities will make your life easier. Your home can expand in size. Whatever you are planning to do in your home is bound to have a positive affect. One thing to be aware of when you’re gearing up for the process of any type of home renovation is that of your home insurance. You want to protect yourself and your home as your go through the stages of home renovations. Below, you’ll find some tips to help you complete renovations you desire in your home without having surprise insurance bills.
Check That Your Contractor Has Insurance Coverage
Before you sign a contract with any contractor be sure that they have sufficient insurance coverage. In particular you want to be sure that they have workers‘ compensation coverage and liability insurance. Don’t be afraid to ask the contractor for the necessary certificates and confirmation of insurance coverage before you even sign the contract. It’s your right as a consumer to know that your contractor is covered properly.
Beware Of Subcontractors As Well
Just because your general contractor is covered doesn’t mean that all subcontractors that are hired have the correct insurance. Electricians, plumbers, and other specialty contractors will need their own insurance on the job. The same rules apply as when you’re hiring any other contractor. Check with the general contractor to understand if their policy will cover all workers that are hired, or if these individuals need to carry their own insurance policies. Check with your home insurance company to see what your home insurance does and doesn’t cover during a renovation period on your home. The more knowledge that you have going into the process, the better it is for you.
For Your Homeowner’s Insurance Policy
Once the renovations are complete, you’ll need to reassess the policy coverage amounts that you have for your home insurance policy. The renovations that you have completed will undoubtedly increase the value of your home causing you to need to increase the replacement value of your home on your insurance policy. Don’t forget to include everything from new appliances to furniture that has been replaced in the renovation. This will help you to avoid any gaps in coverage. This way, you’ll know that your home will be fully covered. With the right insurance coverage you’ll know that your home is can be rebuilt to the same specifications in the event of a complete loss. You always want this peace of mind as a homeowner.
A persistent home seller may go above and beyond the call of duty to promote his or her residence to potential homebuyers. And as a property buyer, it is up to you to decide whether to proceed with a home purchase or walk away from a persistent home seller altogether.
Ultimately, dealing with a persistent home seller can be challenging, particularly for a first-time homebuyer. Lucky for you, we're here to help you take the guesswork out of negotiating with a persistent home seller.
Here are three tips to help you get the best results during a negotiation with a persistent home seller.
1. Learn About the Housing Market
Although a persistent home seller wants to do everything possible to find a buyer for his or her residence, it is important for a homebuyer to determine whether a residence is worth the price. As such, you should allocate the necessary time and resources to learn about the real estate market.
Look at the prices of available homes that are similar to the one that you're currently considering. By doing so, you can determine a price range for your home search.
Also, check out the prices of recently sold houses in your city or town. This housing market data will help you determine whether you're operating in a buyer's or seller's market so you can plan accordingly.
2. Establish Realistic Expectations
It is common for homebuyers and home sellers to negotiate with one another. However, it is essential to establish realistic expectations before you enter a homebuying negotiation; otherwise, a homebuyer may struggle to acquire his or her dream residence at an affordable price.
For example, a homebuyer who expects a home seller to accommodate all of his or her requests may be disappointed if a property seller submits a counter-proposal. Conversely, a homebuyer who keeps an open mind and listens to a home seller's concerns can determine the best course of action.
Also, it is important to remember that a homebuyer can walk away from a persistent home seller at any time. This means if you feel uncomfortable with the price or other terms associated with a home purchase, you can step back and restart your search for the perfect house.
3. Consult with a Real Estate Agent
If you are uncertain about how to deal with a persistent home seller, don't hesitate to reach out to a real estate agent for extra help.
Typically, a real estate agent can act as a liaison between a property buyer and seller. This housing market professional will do whatever it takes to ensure a negotiation fulfills the needs of all sides. Plus, he or she can provide honest, unbiased homebuying recommendations to help you make informed decisions throughout the property buying journey.
Perhaps best of all, a real estate agent will answer any of your homebuying questions, at any time. This housing marketing professional understands what it takes to deal with a persistent home seller, and as a result, will do everything to help you simplify the homebuying cycle.
Ready to acquire your dream home? Use these tips, and you should have no trouble buying a house from a persistent home seller.
If you’re ready to sell your home, you may wonder if you can do it all on your own or if you need an agent to help you. If you understand what a listing agent can help you to do, you’ll better understand their value.
Listing Agents Help You To Price Your Home
Pricing your home for sale is one of the most challenging parts of selling. Your listing agent can help you to take some of the pressure off. They will do the market research and help you come to that sweet spot for the price. How much your home goes on the market for matters because if the home is priced too high or too low, it can cause buyer interest to dwindle. If the home isn’t priced right, it can leave buyers wondering if there’s something wrong with the property or if a better deal will be available on the home at a later date. The price of a home is all part of the marketing strategy.
Advertising Your Home Listing
Realtors will be responsible for advertising your home listing. Your home for sale will be available across multiple listing services, giving your home the best chance of being seen by the right buyers.
Coordinating Open Houses And Showings
Hiring a listing agent can save you a lot of time. Your agent will coordinate your open house and advertise it. Their phone will also be the phone that’s ringing when people want to schedule showings for the house. The agent will coordinate convenient times with you but they will handle the overall scheduling and contact with buyers.
Questions To Ask A Prospective Listing Agent
- How many homes have you sold in this area?
- What price range property do you have the most experience with?
- How long has it typically taken for a home to be sold?
- What could be improved in my home to help it sell?
- What is the marketing plan?
- Who is the team that works with you?
- Will you be taking photos or can we hire a professional?
- Will we be using video marketing?
All of these questions can help you to understand whether you’re hiring the right listing agent for the job of selling your home. Listing agents work hard to earn that commission from the sale of your home. They want nothing more than satisfied clients. Your listing agent will also appreciate your recommendation for a job well done. Know that while you can sell your home on your own, there are many benefits to hiring a listing agent.