Tina McManus' Blog
After you receive an offer to buy your house, you likely will have only a short period of time to determine whether to accept this proposal. As such, pressure can add up quickly, which often can make it tough to make the best-possible decision.
Fortunately, we're here to help you analyze your options and determine how to proceed with a homebuying proposal.
Let's take a look at three steps that every home seller should take after receiving a homebuying offer.
1. Weigh the Pros and Cons
Make a pros and cons list to examine a homebuying proposal – you'll be glad you did. With this list, you can assess the advantages and disadvantages of accepting a homebuying offer and proceed accordingly.
If you accept an offer, you can move forward in the home selling process. On the other hand, if you don't feel that an offer matches your expectations, there may be no reason to accept this proposal.
2. Evaluate Your Home Selling Goals
Consider your home selling goals as you evaluate an offer to buy your house. By doing so, you can determine whether an offer falls in line with your goals.
For example, if your goal is to sell your house as quickly as possible, the amount of the offer may not matter. In this scenario, you may want to accept a homebuying proposal to accelerate the home selling process.
Comparatively, if your goal is to maximize your profits, you will need to determine if a current offer is the best proposal that you could receive. If the answer is "Yes," then you may want to proceed with a home sale. Or, if the answer is "No," you may want to reject or counter a buyer's proposal.
3. Consult with a Real Estate Agent
Let's face it – evaluating a homebuying proposal can be difficult, particularly for a first-time home seller. If you consult with a real estate agent, however, you can get the help you need to make an informed decision about an offer.
A real estate agent can offer lots of housing market data to help you understand the current value of your house. Plus, this housing market professional can provide recommendations about whether to accept, reject or counter a homebuying proposal.
Perhaps best of all, a real estate agent will serve as a guide throughout the home selling journey. He or she can keep you up to date about any offers on your house, perform deep analysis of all homebuying proposals and ensure you can determine the best course of action on any offer, at any time.
Let's not forget about the housing market expertise that a real estate agent possesses, either. A real estate agent understands there is no such thing as a "bad" question. Thus, a real estate agent will respond to any home selling queries that you may have.
Take the guesswork out of assessing a homebuying proposal – use the aforementioned steps, and you can determine whether to accept an offer on your house.
2050 Salem St, North Andover, MA 01845
It may be tempting, when buying a home remotely, to jump at the first great deal that fits your checklist. But, number of beds and baths aren't everything. Location matters, too. So does the school district if you have school-age children. Don't be afraid to delve deeply into a property that you're thinking of buying sight unseen, because failure to do so could lead to some serious buyer's remorse. Here's the checklist of items to cover and questions to ask before you buy a home long-distance.
Neighborhood Crime Statistics
Sites such as ADT.com and Cityrating.com can help you learn about crime rates in your potential new neighborhood. The local police department or sheriff's office is a good resource, too. All are easy to find online once you know the address of the home or county in which it's located. Find registered sex offenders living nearby and whether your new neighbor has a collar for burglary.
Costs of Getting There
If you're searching remotely for homes that are close to your new job location, ask your employer about job relocation assistance. Sometimes employers have packages in place to help with the logistics involved in relocating for work. A package might include financial assistance for multiple items, including:
Having financial help to get you and your family settled in before your first day of work at your new job is a great perk. It goes a long way toward alleviating the stress of relocation.
Homeowner's Associations can be beneficial in keeping housing values steady in your target area, but they can be costly, as well as restrictive. Is your new home governed by an HOA? If so, expect to pay monthly dues, and read up on the restrictions before you commit. If you plan to change the color or layout of your new home, you may have strict guidelines you're required to follow.
Reputation of the Local Schools
Parents of school-age children should also be concerned with the school district they're moving into. Your real estate agent should be a good resource for the best schools in the area, but it never hurts to Google. The best schools have a low student-to-teacher ratio, strong test scores compared with the rest of the state and plenty of support programs in place for students and parents.
A little homework done from the comfort of your home office can help you score the remote home purchase of your dreams. Don't be afraid to play investigator throughout your new target neighborhood.
Home maintenance plays a key role in ensuring your house will impress both now and in the future. If you establish a home maintenance budget today, you can reduce the risk of spending too much to find ways to keep your residence looking neat and tidy.
Ultimately, creating a home maintenance budget can be simple – here are three tips to help you craft an effective home maintenance budget.
1. Assess Your Home Maintenance Needs
Home maintenance generally varies from house to house. Thus, the home maintenance needs of a mansion owner are unlikely to match those of a condo owner.
Think about what types of home maintenance that you need to perform. That way, you can determine exactly what you'll need to do to maintain your residence for years to come.
It often helps to examine each room of your house, as well as your home's exterior. Then, you can better understand different aspects of your home and what you'll need to do to achieve the optimal home care results.
2. Make a Home Maintenance Checklist
A checklist is a terrific option for any homeowner who wants to limit his or her home maintenance expenses. This checklist will enable you to determine the home maintenance tasks that you'll need to complete and the expenses associated with them.
For example, if you want to maintain a lush garden in your backyard, you may need to purchase assorted gardening supplies. Conversely, if your bedroom has carpet, you'll want to pick up a vacuum that you can use to keep the carpet dirt- and dust-free.
It also may be a good idea to update your home maintenance checklist regularly. If you perform home upgrades, your home maintenance needs may change. As such, you'll want to revise your home maintenance checklist to account for various home upgrades over time.
3. Establish Home Maintenance Priorities
Whereas cleaning your swimming pool may need to be done periodically during summertime, mowing the front lawn likely needs to be done much more frequently. Fortunately, if you have home maintenance priorities in place, you can budget your time and resources appropriately.
As you craft your home maintenance budget, you should consider your home care expertise as well. If you don't feel comfortable performing certain home maintenance projects, it may be worthwhile to hire professionals to complete these tasks for you. And if you decide to hire professionals, you probably will need to account for additional costs in your home maintenance budget.
With a home maintenance budget, you'll be better equipped than ever before to ensure your house dazzles day after day. Plus, if you decide to sell your house, you'll be in a great position to maximize its value.
Lastly, if you plan to list your home, you may want to contact a real estate agent sooner rather than later. This real estate professional can help you prepare your residence for the housing market and provide expert home selling tips. As a result, a real estate agent will make it easy for you to list your house and enjoy a quick, profitable home selling experience.
If you have been looking to give your home a bit of pizzaz, you may be worried about the cost or the time investment. The good news is that you don’t need to put in a huge amount of work or money in order to make a big difference in your home. Below, you’ll find some of the easiest projects that you can complete in a hurry. You’ll be enjoying a new view of your home in no time!
Change Up The Mantel
We often grow comfortable with the decor in our homes. It’s a good idea to change those pictures and displays that you have along the top of your fireplace from time to time. For a more dramatic change, you can replace the entire mantel.
Bring Out The Front Entryway
The entry to your home is all a part of the curb appeal. You can easily paint the front door or part of the entryway to enhance the look of the front of your home. If you want to go even bolder, try and replace the door with something a bit different than what you already have.
Refresh The Paint
Whether you look at the inside or the outside of your home, you can easily bring about change to the look of your home. Add a fresh coat of paint to the front door. Take a tired looking room and change the paint color of the space. Taking things room by room can be less time consuming than trying to take on the entire house at once. If the exterior of your home needs some fresh color, this project can be expensive, yet rewarding as the amount of curb appeal that you have will increase dramatically.
Try Some New Lighting
It’s easy to get some new lighting fixtures. It could be as simple as switching a lamp or installing a few new light fixtures. For an even more dramatic change, add some dimmer switches or energy efficient lightbulbs. Checking in on the lighting in your home can be beneficial for both your home decor and the practical use of lights.
Don’t forget the outdoors as well. It can be very refreshing for your landscape to have some outdoor lighting that highlights the more dramatic pieces of the outdoor space.
Plant Something New
If you take the time to plant something new, you can bring a whole new look to the exterior of your home. Whether you take the time to plant one simple bush or are able to place down a whole new flower bed, small changes make a big impact.
However small your home improvement projects are, they are a part of working towards making your home a better place to live.