Nicole Marks' Blog
As a homebuyer, you likely will want to do everything possible to secure your dream house at a budget-friendly price. Yet for those who are dealing with an aggressive property seller, achieving the optimal results may prove to be challenging.
Lucky for you, we're here to help you simplify the homebuying process so you can acquire your ideal residence at an affordable price – even if you're forced to deal with an aggressive home seller.
Now, let's take a look at three tips to help you deal with an aggressive property seller and accomplish your desired homebuying results.
1. Remain Patient
It may be tough to deal with an aggressive home seller at times, but those who stay the course can buy a house that matches or exceeds their expectations.
Remember, a patient homebuyer generally is a happy homebuyer. If a buyer avoids rash decisions and remains calm, cool and collected when dealing with an aggressive seller, he or she can boost the likelihood of making the best-possible choices throughout the property buying journey.
2. Focused on Your Desired Results
The ultimate goal of the homebuying journey is to find and buy a house that you can enjoy for years to come. In some instances, an aggressive seller may make it difficult for you to accomplish your goal. But if you prioritize the end results of the homebuying journey, you may be better equipped than others to secure a terrific residence.
If you focus on the big picture, you may be able to reduce the risk that minor issues with an aggressive home seller could slow down the property buying journey. And if you do whatever it takes to achieve your desired homebuying results, you may be able to find unique solutions to various problems.
Don't forget to maintain open communication with a seller. If you open the lines of communication with a seller, both you and a seller can work together to ensure all parties are satisfied with the results of a home sale.
3. Hire a Real Estate Agent
If you're uncertain about how to deal with an aggressive seller, you may want to hire a real estate agent. That way, you'll have an expert negotiator at your disposal.
A real estate agent is happy to negotiate with a home seller and his or her agent on your behalf. By doing so, a real estate agent will minimize the risk of potential property buying delays.
Let's not forget about the frequent updates that a real estate agent provides during a negotiation with a property seller, either. A real estate agent will keep you informed about seller negotiations and ensure you can move along the homebuying cycle. And if you ever have concerns or questions during the homebuying journey, a real estate agent is ready to respond to them at your convenience.
Manage the homebuying journey like never before – use the aforementioned tips, and you can avoid the headaches commonly associated with dealing with an aggressive property seller.
Boosting the value of your home doesn’t have to require huge renovation projects, thousands of dollars, and months of planning. Making small, tactful home improvements can do the trick just as well.
The key to making desirable home improvements is to follow well-established building and design principles. Don’t worry about the latest trends or trying to reinvent the wheel.
In this post, we’ll tell you how to do just that so your home can be market ready in no time. Here are the top ten improvements for your home that cost $100 or less.
1. Add fixtures to the most outdated room of your home
Most people tend to renovate their homes one room at a time. If you have that one room that’s keeping your home in the past, bring it up to speed by replacing the fixtures; whether that’s a new faucet, doorknobs, or other hardware.
2. Shine the light on your hard work
A dark room feels smaller, older, and less put together. Abundant lighting is an excellent way to make your home feel larger and more welcoming.
3. Paint the front door and mailbox
It’s all about curb appeal. Refresh the outside of your home by putting a fresh coat of paint on your front door and mailbox. Bright, bold colors are sure to help your home stand apart from the neighbors while still fitting in.
4. Powerwash exterior surfaces
For $50 you can rent a pressure washer and clean up your vinyl siding, decks, walkways, and driveways. That’s a lot of value and square footage for a small investment.
5. Buy a “luxury shower head”
You can find spa-style shower heads on Amazon for less than $40 that look great and will make your home feel a bit more luxurious.
6. Stage to sell
Buy some modern wall art and large plants and ditch the family heirlooms for when it comes time to sell. These additions will make it easier for prospective buyers to picture themselves living in your home.
7. Mirrors are magic
Mirrors can be used in a number of places around the home to create the illusion of spaciousness in rooms that are otherwise lacking. There are plenty of creative uses for mirrors for each room of the home.
8. Ditch the linoleum
Underneath those linoleum floors lies wood that might be able to be refurbished. Don’t worry about small dings; they add character.
9. Get ready for the welcome party
Buy a fresh doormat and replace an old doorbell to make visitors feel like they’re entering a brand new home.
10. Cable management is king
Hide those cables in the office and living room by tying them behind displays or running wires underneath carpets or behind the drywall. This can instantly make your home feel more clean and put-together.
If you've been pre-approved for a mortgage, you can enter the housing market with a budget in hand. In fact, this mortgage will enable you to spend up to a certain amount on a house. But in many instances, it pays to buy less house than what you can actually afford.
Ultimately, there are many reasons to consider purchasing a house below your means, such as:
1. You might not have to worry about significant home maintenance.
A small house likely means less home maintenance than would be required in a large house. Therefore, you may be able to spend less time worrying about keeping your residence looking great if you acquire less home that what you can afford.
Of course, let's not forget about the money that you might save by purchasing an affordable residence. If you buy an inexpensive home, you may be able to use the money that you save to hire professional home cleaners, landscapers and others to help you enhance your residence's appearance.
2. You'll be better prepared than ever before for unexpected expenses.
There is no telling when a family emergency, natural disaster or other dangerous situations may arise. Fortunately, if you spend less on a house now, you may be better equipped than ever before to handle the expenses commonly associated with these unforeseen events.
Purchasing a cheap house may prove to be valuable if you encounter costly, time-intensive home repairs down the line too.
For example, your home's roof won't last forever, and you likely will need to fix or replace it at some point. But if you purchase a budget-friendly home, you may be able to save extra money that you can use to cover the costs associated with various home repairs.
3. You'll have more money that you can use to personalize your house.
The money that you save on a house today may be used to upgrade your home both now and in the future.
For instance, if you want to install a deluxe swimming pool or fire pit in your backyard, spending less on a house now may provide you with the financial resources that you need to fund these projects. And if you complete a broad range of home renovations, you may be able to increase your house's value as well.
Deciding how much to spend on a house can be a tough decision for any homebuyer, at any time. If you collaborate with a real estate agent, you can explore a vast array of residences that fall within your price range.
A real estate agent will learn about your homebuying goals and tailor your home search accordingly. He or she also will set up home showings, keep you informed about new residences that become available and ensure that you can discover a home that matches or exceeds your expectations.
Consider your budget closely as you prepare to kick off a home search. By doing so, you should have no trouble finding a terrific house at an affordable price.
Having a high credit score is one of the most important and helpful things you can achieve before buying a home. A solid credit history will give you a better chance of being approved for the home loan you want and getting a lower interest rate so that you know you’re getting a good deal on your first home.
But, as any renter can tell you, it can sometimes be difficult to lift your credit score when you’ve got so many other things to worry about.
In today’s post, I’m going to cover the best ways to build credit while renting an apartment so you can lift your score to an amount that will help you achieve your goal of homeownership.
1. Take over the bills
If you live with roommates or with your family, one good way to start building your credit score is to simply put more bills in your name.
If you’re certain that you’ll be able to make on-time payments on them each month, this can be a way to boost your score without much thought.
Keep in mind, however, that not all utility companies report your payments to credit bureaus, so it’s a good idea to check that yours does before putting the bills in your name.
2. Become an authorized user
If taking out new credit isn’t an option for you, becoming an authorized user on someone else’s credit account can help you increase your score.
Be sure to find out whether the credit issuer reports payments for authorized users before taking this step. And, once you’re sure that they do, you can be added to the account without changing anything about your spending.
3. Convince your landlord to report your rental payments
In most cases, rental payments aren’t reported to the credit bureaus. However, it is becoming more common. Check to see if your landlord uses a service like PayYourRent or RentTrack. If not, consider asking them to try it out.
4. Solving the “no credit” problem
Since we all start off with a blank slate in terms of credit history, some renters have the issues of not having enough credit information to start building their score.
If this is the case, it might be a good idea to open your first credit account. But, wait! Before you start racking up debt on your first credit card, take a minute to make a wise plan.
First, don’t change your spending habits just because you have credit. Pick a card that offers rewards in the form of cash back, and only use your card for things like gas and groceries that will help you earn points.
Then, set your card to auto-pay in full each month so that you never start accruing interest. This way, you’ll build your credit score and earn money (in the form of rewards or cash back), making it a win-win.
Looking for a fresh start? Check out homes in a new city, and you can kick off the next chapter of your life in a bright, vibrant location.
Ultimately, finding a home in a new city can be simple – here are three tips to help you discover a top-notch house in the city of your choice.
1. Learn About Your Surroundings
If you grew up in a small town, it may take some time to adjust to city life. However, if you start learning about what it's like to live in a particular city, you can streamline your home search and find a house that matches or exceeds your expectations.
For example, parking in most cities is difficult, and city residents frequently rely on public transportation to get where they need to go. If you own a car but don't want to deal with the hassle of finding parking in the city, you may want to sell your car before you launch your home search.
You also should consider city homes in relation to where you need to go day after day. If you work or go to school, you may want to find a city residence that ensures quick, easy access to these regular hot spots. Or, if you have kids, you may want to consider city houses near parks and other public recreation destinations.
2. Budget for City Life
City life may prove to be more expensive than living in a town. As such, you'll want to budget accordingly to ensure that you won't exceed your monthly budget.
Get pre-approved for a mortgage – you'll be glad you did. With a budget in hand, you can put together a homebuying budget and avoid the temptation to spend too much on a city residence.
Also, it often helps to budget for electricity and other utilities. If you consider your home expenses, you can guarantee that you have the finances available to pay off your monthly bills.
3. Collaborate with a Real Estate Agent
If you plan to buy a home in the city, you should collaborate with a housing market expert. Meanwhile, if you hire a real estate agent, you should have no trouble finding your ideal residence in any city, at any time.
A real estate agent studies the housing market closely and understands housing market patterns and trends. That way, this housing market expert can help you find a great residence in no time at all.
Typically, a real estate agent can set up home showings, keep you up to date about new residences that become available in your preferred city and help you submit offers on houses. And if you ever have questions during your search for a city home, a real estate agent is happy to respond to your queries.
Make your dreams of owning a first-rate home in a new city come true – use the aforementioned tips, and you can move one step closer to acquiring a terrific house in the city of your choice.