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buying a home

12-must-know-factors-before-you-buy-your-dream-home

Purchasing the home of your dreams is an exhilarating yet formidable journey marked by a whirlwind of emotions. This aspiration carries substantial financial responsibilities and emotional investments. 

In this complex endeavor, it’s crucial to carefully consider essential factors before taking the significant step of buying your dream home.

From financial planning and location to the features of the house and its structural integrity, each facet profoundly influences your future in your ideal dwelling.

Pursuing your dream home requires meticulous attention to detail and an unwavering commitment to ensuring that your investment aligns seamlessly with your vision.

1. Financial Planning

Understanding the financial implications of purchasing a new home is paramount. 

According to top mortgage brokers in Auckland, financial planning is important in buying your dream home. Begin by assessing your budget to ascertain whether you can comfortably manage the ongoing and soon-to-be financial commitments. Financial assessment includes the principal amount, interest rates, down payment, and closing costs. 

Careful financial planning ensures that you choose a home that aligns with your fiscal capabilities, safeguarding your financial stability and peace of mind as you embark on this life-altering journey.

2. Location and Lot Size

Your prospective home’s location and lot size significantly impact your daily life. 

It is vital to scrutinize various factors, including neighborhood safety, proximity to your workplace, educational institutions, healthcare facilities, and essential amenities like grocery stores and recreational areas. 

Furthermore, the suitability of the lot size in relation to your family’s outdoor space requirements should also be considered when buying a new home. 

These considerations ensure that your chosen location harmonizes with your lifestyle, guaranteeing both convenience and comfort in your everyday life within your new home.

3. Age and Condition of the House

Older homes often possess unique character but can also come with increased maintenance demands. Thoroughly inspect the home’s condition and take note of the age of essential appliances and systems. This evaluation will help you budget for potential renovations or replacements.

4. Interior Features

Photo by Zac Gudakov on Unsplash

The features within the home are instrumental in determining your daily comfort and lifestyle. 

First, assess the number of bedrooms, ensuring it accommodates your family’s size and potential changes in the future. Evaluate the count and condition of bathrooms to provide convenience and privacy. 

Next, focus on the kitchen, the heart of the home. Scrutinize its layout for functionality, considering whether it accommodates your culinary and entertaining needs. 

Additionally, inspect the quality and suitability of appliances, ensuring they meet your standards or if upgrades are necessary. 

A well-designed interior with all these elements contributes to a harmonious living space, enhancing your overall quality of life in your new home.

5. Architectural Design

The architectural design of your future home is more than aesthetics; it’s about functionality. Ensure that the layout aligns with your family’s specific needs, offering efficient spaces for daily life. 

Consider the flow and accessibility of rooms to create an environment that enhances your daily routines. 

Your ideal home design should reflect your unique lifestyle and preferences, creating a harmonious living space for years to come.

6. Kitchen Layout

The kitchen’s layout is a cornerstone of daily life. Evaluate its functionality and organization, ensuring it caters to your culinary and social needs. A well-designed kitchen enhances your cooking experience and eases entertaining. 

Additionally, assess the quality and suitability of appliances to determine whether they meet your standards or require upgrades. A kitchen that aligns with your lifestyle is crucial to your home’s comfort and functionality.

7. Bedroom Count

The number of bedrooms within your prospective home is pivotal to your family’s comfort and convenience. 

Assess whether the house offers adequate sleeping spaces for your current needs and potential expansion. Additionally, consider the availability and condition of bathrooms and how they align with your family’s daily routines. 

This careful evaluation ensures that your dream home harmoniously accommodates your family’s living requirements for years.

8. Roof Health

Photo by Edgar on Unsplash

The roof’s condition is paramount for your new home’s long-term value and maintenance. A thorough inspection to determine its current state, the roofing material used, and its durability is essential. 

Ensuring the roof is in good condition safeguards your investment and prevents future costly repairs and maintenance, providing peace of mind in your new home.

9. Natural Light

Adequate natural light can significantly enhance your living experience and potentially reduce energy costs. 

Evaluate the orientation of the house and the number of windows to ensure that you’ll have a well-lit interior throughout the day.

10. Foundation and Exterior

The foundation’s condition is fundamental for the home’s structural integrity. Detecting any signs of cracks or foundation issues is crucial, as they can lead to significant expenses down the road. 

Additionally, scrutinize the condition of the home’s exterior, including the walls, roof, and siding, to avoid unexpected repair expenses. 

A thorough evaluation of the home’s foundation and exterior can help you make a well-informed decision when buying your dream home, ensuring your investment is sound and secure for years to come.

11. Noise Levels

Noise levels can profoundly influence your daily life and should be a crucial consideration when buying a new home. 

Pay attention to the neighborhood’s noisy environment and determine if the home is close to noisy areas, such as busy streets or sources of disruptive noise like construction sites or airports. 

Thoroughly evaluating the noise levels in and around the prospective home can help you make an informed decision, ensuring a peaceful and comfortable living environment for you and your family.

12. Resale Value

While seeking your dream home is a deeply personal journey, it’s also an important financial investment. Investigate the property’s potential resale value by assessing its location and features that may appeal to future buyers. 

This forward-thinking approach ensures that your investment fulfills your present needs and retains or appreciates over time, safeguarding your financial interests in the ever-evolving real estate market.

In conclusion

Acquiring your dream home involves more than just a transaction; it’s a life-changing decision. Thoroughly evaluating these factors will empower you to make an informed choice that aligns with your lifestyle, financial capacity, and long-term aspirations. 

Remember that patience, thorough research, and expert guidance are invaluable in your quest for the perfect dream home.

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how-to-know-if-youve-found-your-dream-home

Most people dream of finding the perfect home for themselves and their families. Of course, it’s highly unlikely that you will find a house that fits the exact picture you have in your head. So, how do you know if you’ve found the right house for you?

While this will differ from person to person, there are a few things that can help you determine whether or not you have found your dream home, and we’re here to share them.

Is it your dream kind of home?

As mentioned, most of us have a picture in our heads of what our dream home would look like – and you probably won’t find that exact house unless you build it yourself. However, you should try to find a home that is the same kind of home that you’ve always dreamed about. 

For example, some people may dream of a massive mansion, while others may want a small low-maintenance apartment. Some people may want a little cabin in the woods, while others may be more interested in New York City condos for sale. Finding a house that has the same atmosphere as your dream house is always a good sign that you’re on the right track. 

Does it fit your budget?

Unfortunately, for many people, their dream home doesn’t fit into their budget. This means that they will need to lower their expectations a bit. 

However, just because you’re looking at homes in a lower price class doesn’t mean you can’t find your dream home. In fact, it might be a great idea to buy a relatively cheap home with good bones, and then renovate it as needed until you’ve added your own touch and it resembles your dream home. 

The key is to buy a house within your budget – even your dream house isn’t worth it if you have to go bankrupt over it. You might also need to take out a loan, so be sure you have these documents ready to make the process easier. 

Does it feel like home?

Most people would agree that home isn’t as much a place as it is a feeling. As cliché as that may sound, it’s true. You will know I the place is the right fit for you or not the moment you walk through the door. Of course, you should still take all the other factors into consideration, but you shouldn’t discount your gut feeling. 

If you can’t choose between two homes, and you prefer one above the other for no particular reason, you should trust your instincts. 

Does it have enough space?

We often get caught up in the aesthetics of a home when house hunting. If you don’t like the colors of the walls, you might not want to buy the house.

But remember that things like that are easy to change. It’s more important to look at things like the structure and space that the house can offer you since they are much harder to change. Naturally, you can still make a small room look good, but you should try to find a house that has enough rooms for your family. Also keep in mind that if you want your family to grow, you might want a house that can accommodate this growth. 

Is it safe?

Safety is a major concern of anyone buying a house, especially if you’re hoping to live there for a long time. Keep in mind that this shouldn’t make or break your decision since you can always add safety features like an alarm system or burglar bars after you’ve bought the house. 

However, one thing you can’t change is the neighborhood the house is in. While crime can happen in any neighborhood, some neighborhoods are simply safer than others, so if possible, try to get a home in a safe neighborhood. If you’re not sure whether a neighborhood is safe or not, you can use these online tools to help you.

In conclusion

Just because you might not find the exact home you’ve always dreamed of doesn’t mean that you can’t still find your dream house – it might just look a bit different than you always imagined. 

There are many things that you need to consider when deciding whether or not a home is the perfect fit for you. Buying a house is a big deal, so try not to make emotional decisions. Rather focus on the things that matter – remember, you can always add your own style later so that it feels like home.

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looking-to-move-8-guidelines-to-follow

When you decide it is time to move down the street or across the country, it is important to choose a place to live carefully. If you want to move to a new state or town, you need to make sure that area has the amenities you need, such as job opportunities, good schools, medical services, and pleasant neighborhoods to live in.

Choose the Location To Move to

The first step in any journey to find a new home is to choose the town, the neighborhood, and the development to look for a house in. By contacting www.homesinchapinsc.com/ in the Lake Murray SC area, you can find the best places to consider living in. Searching for a new home in this area is easy with the expert real estate professionals available to help with the search. There are home lots, homes with acreage, homes on city lots for sale, and homes in planned developments.

Choose a real estate agent to help you decide which housing choices best meet your needs. There will be homes in many different price ranges to consider, so decide on a budget and get pre-approved for a home loan before starting the shopping process.

8 Guidelines To Finding The Right House

Here are 8 guidelines to follow in that new home search:

1. Decide what you and all the members of your family want in a home. Does the family want a new or existing home? should it be one story or multi-story? Will the family consider a fixer-upper house to save money?

2. Decide which features are necessities in a home and which things would be nice. Then, do some searching online with real estate listing services to narrow down the neighborhoods and houses to visit. Check out crime rates, commute time to a job, schools, shopping, and recreational activities.

Get Finances in Order

3. Don’t start touring homes until the finances to purchase a home are in place. Meet with local lenders to find the best home mortgage terms and determine how much you qualify to borrow. Then, get a pre-qualification letter to present to the agent and seller of any house you want to purchase.

4. Decide on a moving timeline. Is your present home sold, and when is that closing? Do you need time to clean up your credit rating to qualify for a home loan? Do you want to wait until school is out to move or be moved before the school year begins? Is there a lease that has a couple of months left on it?

5. Find and work with a good Realtor in the area you want to move to. They can be a valuable tool.

6. Think long-term on what you want in life and a house. This could be a starter home that you plan on living in for a few years and then upgrade to a better home. Or, this might be the home you want to raise a family in for the long term. This may be a down-sized home for your retirement years. The home for each of these needs will be different.

7. Be open-minded about the housing options you will consider. Budgets have a lot to do with determining the size and amenities that a family can realistically expect. Stay true to that list of family necessities you listed. With each house, you must weigh the advantages and good points with the disadvantages, such as neighborhood, street noise, and some home imperfections.

8. Make sure you can afford the home you are interested in when considering the closing costs and other expenses that must be added to the purchase price. If the home meets your needs and budget, don’t take days to decide on making an offer. There is nothing worse than losing out on the perfect home by a day.

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6-tips-for-first-time-home-buyers

Purchasing a home for the first time is a monumental moment in a person’s life. Saving up for years to be able to put a down payment on a house and finally moving in is a rewarding feeling, which is why so many people are opting to buy instead of rent these days. 


Purchasing your first home, however, can quickly become overwhelming if you don’t know what you’re doing. There are a lot of important details that go into buying a house, and it can be easy to end up in a property you don’t absolutely love if you’re not careful. If you’re thinking about purchasing your first home, here are 6 tips to make the process go smoothly. 

Determine what you can afford 

Figuring out what you can afford should be the first step you take when it comes to purchasing a home. A quick Google search for “what price home can I afford?” can help you determine this number, but it is also important that you create a budget that breaks down your debt-to-income ratio as well. Think of how much money you’re making each month, and factor in your monthly expenses. This can be car payments, utilities, groceries, and should also include your mortgage payment. Creating a detailed budget will help you see the bigger picture, and you’ll be able to house-hunt with a clearer idea of what you can afford. 

Start saving well in advance 

While putting 20% of the home’s worth down is the standard for many first-time home buyers, many lenders have started allowing borrowers to put down much less. Regardless of how much money you decide to put down on your home, it is important that you start saving well in advance to ensure you have a sum of money you are comfortable with. Putting $20,000 down on a home that costs $100,000 can make a huge difference when it comes to how long it takes you to pay off your mortgage, so remember to keep this in mind when saving up for a house. 

Research the neighborhood beforehand 

You could absolutely love a particular house, but a bad or dangerous neighborhood can quickly turn your dream home into a nightmare. Because of this, it is crucial that you check out the neighborhood you’re thinking about living in before purchasing a home there. To get the best idea of the area, make sure to visit the neighborhood during different times of day, especially in the morning and at night. You should also take note of if the home you’re interested in is in a flood zone or any other details that can make your living situation less than desirable. 

Attend open houses 

When searching for a home, attending as many open houses as possible can help you land the home of your dreams! Open houses allow you to tour a property without the pressure of a one-on-one showing, and you will be able to roam the house freely and check out every nook and cranny. If you do wish to schedule a private follow-up showing, don’t hesitate to reach out to the listing agent and be prepared to ask any and all questions you may have. 

Consider your future plans 

One mistake many first-time home buyers make is not planning for the future. For example, while you may not currently have children, you could end up changing your mind down the road, so buying a home with only one bedroom can pose a problem eventually. This goes for other possible life changes, such as an elderly relative coming to live with you or a future pet. When shopping for a home, it is important to remember that your plans may very well change at some point, so be sure to consider any possible life changes and what that could mean for your living situation. 

Choose the right homeowners insurance 

When you’ve finally settled on a house you love, your mortgage lender will ask you to purchase homeowners insurance. If you’ve never had to do this before, it can be difficult to know what to look for. When purchasing homeowners insurance, don’t be afraid to shop around and compare different rates until you find a price that works best for you and your budget. Typically, the more expensive a homeowner’s insurance policy is, the better protection it offers, so keep that in mind when deciding on one to go with.


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open-house-tips-for-first-time-buyers

While open houses seem pretty casual, savvy buyers know that checking out a home isn’t just about aesthetics or a quick view. In today’s hot market, you might not get another look before making an offer. If you’re seriously interested in a home, get a feel for the things you can’t change: the neighborhood & ongoing home maintenance needs. You should also get critical details such as when offers are due.

If you aren’t totally sure about how the open-house process works, you aren’t alone. Sometimes home buyers visit an open house to window shop instead of taking full advantage of the opportunity to get important details about the home. When you visit an open house, you should have several questions prepared for the seller’s agent and you should have already conducted some research, too. You want to leave this process feeling that you have enough information to make a well-informed decision.

Here’s what you need to know about the open-house process:

Open house etiquette

It may not be a fashion show, but it’s important to leave a good impression on the listing agent. Bringing your business casual A-game will help you look like a serious buyer. Don’t rush – make sure you get a chance to visit each room and get a feel for the look and smell of the place. Be courteous to the agent and don’t be afraid to ask questions.

What to look for at an Open House

If allowed, you should take pictures of the inside and outside of the house. On the interior of the home, you should be looking for uneven floors, water stains, signs of cracks in the ceilings or walls, and mold. On the exterior, you’ll want to see if there’s any damage to outer walls, or if the roof has any tiles missing. If you can easily spot damage to the home, then it might not be worth your time. it’s important to consider that there may be repairs you’ll need to factor into your budget if you decide to make an offer on the home.

How to take the pulse of the competition

Are other prospective home buyers at the open house? How serious do they seem about the process? Are they asking questions? Do they have a checklist? Be on the lookout when you enter the home. These are potential home buyers who might also make an offer on the property.

Make sure you are memorable

You want to try and ensure that the agent remembers you. Building a good relationship with the agent can be key if you decide to make an offer on the home. Tell a short story about yourself, or ask the agent about their family or how they got started in the real estate business. Make a genuine effort to get to know them in the short period of time you spend at the home. Agents are people too, and people remember those who make an effort.

Know which questions to ask

By now, you know that an open house isn’t just a casual gathering of interested buyers, sellers and real estate agents. It is a major opportunity for you to feel out the home while also getting critical information.

You are probably still wondering what to ask at an open house. You should have several questions prepared, as the open house might be the only chance you get to ask them. If the home is a hot commodity, then other potential buyers might be looking to put in an offer soon. You want to get as much information as possible during the open house so that you can make an informed decision on whether or not you want to go forward with an offer of your own.

Here is a helpful checklist of questions to get answered on your open house tour:

  1. How many offers have been made?

You should always ask the real estate agent if any offers have already been made. If there are multiple offers on the home, it could indicate that the property might sell quickly. If there aren’t any offers yet, then the opposite might be true. Real estate agents hope that multiple offers will push up the sales price of the home. Keep your budget in mind — even if you love the home, you don’t want to get into a bidding war with other prospective buyers if the result is an unaffordable price.

  1. Why are the sellers moving?

The sellers could be moving because one of the owners got a new job across the country. Or they could be moving because the home’s maintenance is unaffordable and the repairs are getting more burdensome. Always make sure to ask the real estate agent why the sellers are moving. If they give a strange or off-putting reason, take note. The last thing you want to do is move into a house the owners sold because of bad neighbors, rising crime or failing schools.

  1. How long has the property been on the market? Why?

Learning how long a property has been on the market will allow you to make a knowledgeable offer. Make sure to ask the agent, but also verify their claim with a listing service. It could have been on the market for a while because a previous buyer’s financing didn’t come through. Or maybe the property just went on the market this month and there are plenty of suitors. The context will provide you with useful information that gives you a better idea of how fast you’ll need to take action and how competitive the offer process might be.

  1. When was the house built? Has it ever gotten any updates?

You want to make sure that you know when the home was built and if there have been any updates or renovations. Check on key features of the home, such as the roof, piping or electrical wiring. If you are purchasing an older home and there have been no recent updates of these features, you should be wary — you might have to make those repairs at significant cost in the near future.

  1. What are the costs of utilities?

Too often, utilities are an afterthought in the home-buying process. But this is a property you are thinking about living in, and that means you’ll need lights, running water, heat, air conditioning and working sewer pipes. Ask the agent if he or she knows a ballpark of what utilities cost. You don’t want to get further into the process just to find out that the utilities on the property will have a significantly adverse effect on your budget.

  1. How eager is the seller to sell the property? Is it an urgent sale or can it happen at any time?

Just as it is important to know why the seller is moving, it is also important to know how eager they are to sell and what their timeline looks like. If the seller needs to offload the house in a hurry, then perhaps they might be willing to consider a lower offer. But if the seller isn’t motivated, then the process might not move very quickly.

  1. What are the neighbors like? Have there ever been any issues?

You aren’t just buying a property. You are also going to be spending the majority of your time in a new neighborhood. Even if you like the property, do you really want to live in a neighborhood you don’t feel comfortable in? Ask the real estate agent about the neighbors and make sure there haven’t been any issues. You’ll also want to check online and look at the local shops and eateries. Visit a few and see if they match your lifestyle and meet your needs.

  1. What/where are the schools? How are they rated?

Schools are a huge issue for home buyers. You can check how the local school district is rated online, but nothing beats asking people in person. How do they feel the local schools are serving the students? Even if kids aren’t in your near future, the quality of your school district will eventually impact your home’s resell value.

  1. What other homes should you check out in the neighborhood? Why?

Real estate agents aren’t just selling one home. There are likely other sellers in the area that they represent as well. If you aren’t totally sold on the home you are visiting during the open house, ask the agent if there are any other homes nearby that you should check out. You’d be surprised how often buyers find helpful information this way.

This article originally appeared on OpenListings.

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why-you-need-to-stage-your-home

First impressions matter the most when it comes to selling a house. In the real estate world, impressing prospect buyers is already half the battle. That’s why many seek professional home staging services to bring out the full potential of their home.

But not all people are convinced and we understand their hesitation. Some prefer to do it themselves instead of asking for professional help. Many home sellers ask us – why should I spend  money to sell my home, can’t the buyer do it themselves and make the changes they really want? The problem with that is most buyers can’t see potential and in this current real estate market most buyers don’t want to lift a finger!  So if you want your home sold and fast, you need to do the ‘grunt’ work for them. Remember when a professional stager comes to your home for a consultation it isn’t a personal attack, we are there to help you get your home sold and for as much money as possible in the shortest amount of time.

If you are in the process of selling your home and are having second thoughts about the benefits you can get out of professional home staging, here are a few reasons why you should consider it.

 

#1 The best short term investment a seller can make

In a study conducted by the National Association of Realtors (NAR), the average cost of staging is between 1% and 3% of the asking price and this investment can yield on average 4-10% more of the final selling price.

Moreover, Homegain.com explained that sellers who invested $500 in home staging recovered over 343% of the total cost when they sold their home. That’s a pretty good investment.

 

 

#2 Staging help you sell faster

If you’ve done your research beforehand, you must know by now that the longer a house sits on the market, the more likely the price drops.

Based on controlled tests initiated by the Real Estate Staging Association (RESA), wherein a number of identical homes were sold, professionally staged vs. not staged, the non-staged houses sold in 102 days, while the staged houses sold in 45 days.

Just imagine all the carrying costs you need to manage if your home stays longer on the market. By staging your home, all the inconvenience, stress, plus additional expenses such as mortgage and taxes, can be avoided

 

#3 Avoid a price reduction

A home that’s in “as in” condition are a tough sell, unless it has already been the victim of a substantial price reduction. Ensure that your property is in tip top shape before listing. Most traffic and interest will come up within the first two weeks so make it a point to maximize the potential of your home to make it to a buyer’s shortlist.

 

#4 Stand out among competition with professional MLS photos

Over 95% of buyers look at online listing before making an actual visit, so it is important to have professional MLS photos to convince them to see the place for themselves. As professional stagers, we know how important first impressions are and we employ various techniques to make the best impression possible. Colours to use, the right amount of decor pieces, furniture placement and more…so our ideas for your home might be completely different than yours but we are here to help you show case this home to buyers and make your home look like their dream home!

#5 Most sellers are having hard time viewing their home objectively

If you can’t view your home objectively, it’ll be hard to package it for the buyer’s eyes.  A professional home stager can help you with this. They know how to minimize the problem areas and maximize the potential of the best features. You decorated your home to suit your lifestyle and personal tastes but now that you have decided to move on, you need someone to come in and help you present your home in its best light and have it attract as many buyers as possible.  It can be very tough to be objective in your home as it holds so many wonderful memories, so again don’t take it personally when a home stager gives your ideas or stage your home in a way that you ‘never’ would.

#6  Only 10% of home buyers can visualize a house’s potential

This is why home staging is so important. It gives the buyers ideas how they can play with interior design. You need to bring out and show the potential of a house the best way you can.

#7 Peace of mind

Staging your home by yourself can be a tough job. It entails detailed planning, sorting out things, decluttering, trips to the home depot, finding contractors for paint jobs and repairs, etc. By entrusting the job to more capable hands, rest assured that you’ll get the best return on your investment.

 

Staging your home really is a must in any market.  Why? Because no matter the market conditions you want to stand out from the crowd, sell quickly and for top dollar! You can’t afford not to stage your home,

 

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