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All posts by Susan Feil

8 Simple Ways to Get Your Outdoor Spaces Ready for Summer

The weather’s getting warmer, summer is (finally!) just around the corner, and we’re all staying at home more than ever before. If you plan on spending your days relaxing in nature, now is the perfect time to give your outdoor space a little upgrade. And if you’re thinking about selling soon, you might even impress some summer buyers, too.

These Easy Projects Can Totally Transform Your Outdoor Space

You don’t have to spend a lot of money or time to get your outdoor space looking stellar. Here are eight quick, cost-effective DIY projects to help usher your yard, patio, porch, or balcony into the new season. 

Do a little tidying

Gardening supplies

Did you forget to do your spring cleaning? Before you start on any big projects, take some time to tidy up your outdoor spaces. Sweep away any dust on your balcony, patio, or deck, and clean off your furniture. If you have a yard, be sure to clear out any lingering debris, trim back your trees or shrubs, and uproot any pesky patches of weeds.

Perform regular maintenance

Late spring is the perfect time to tackle that maintenance to-do list you’ve been putting off! Although these routine tasks might seem mundane, they’re essential to keeping your outdoor space in tip-top shape. Cleaning out your gutters, spraying for bugs and pests, and powerwashing are just a few common projects that you’ll want to handle before the weather gets too hot. 

Give your lawn some extra attention

Mowing the lawn

There are a few steps you should be taking right now if you want to keep your lawn green all summer long. Aerating and fertilizing during late spring is key to keeping your yard healthy. When you start mowing, be sure to not cut more than one third of the grass height in one sitting. You can prevent this by increasing the blade height on your mower.

Add new landscaping

You don’t have to be a professional landscaper to add some new greenery to your outdoor space—but be sure to do some research before you start planting. Try to select flowers, shrubs, or trees that do well in your area, and consider how much sunlight they’ll get throughout the day. If you have a balcony or patio, incorporating a few potted plants can add a fun (and low-maintenance) splash of color.

Plant a garden

Raised garden bed

Have you always wanted to harvest your own fruits, vegetables, or herbs? Raised plant beds make it easy to create a garden just about anywhere, and they’re an easy DIY project that you can tackle before the summer months. Just build or buy the beds, fill them with soil, pick your plants, and start growing!

Invest in some outdoor furniture

Good patio furniture offers both comfort and function, and just a few updates can transform your outdoor space into a whole new living area. Consider investing in some staple pieces, like a table and chairs or a loveseat, depending on the size of your deck or patio. Many retailers will even ship the furniture straight to your front door. 

Incorporate new lighting

Outdoor string lights

If you want to take advantage of your outdoor space during the day and at night, new lighting might just do the trick. You don’t have to get too fancy (unless you want to!)—simply replacing some fixtures or hanging a strand of trendy string lights will elevate the entire area. If you really want to beat the heat, you might even install an outdoor ceiling fan on your covered patio or deck.

Getting Ready to Buy or Sell This Summer?

Whether you’re thinking about moving next week, next month, or next year, you can trust us to help you navigate every step of the process. We have plenty of buying and selling resources to get you started, so feel free to reach out if you have any questions. We’re always on hand to lend our expertise!

5 Easy Ways to Save Up for a New Home

Saving for a house might seem difficult, especially as the economy continues to fluctuate. However, that doesn’t mean you have to give up on your home buying dreams! If you want to take your first steps towards homeownership, we have a few simple tricks that can help you build your savings account. 

How to Save Up for Your Perfect Place

Before you begin saving, consider how much you’d ideally like to put down on a house. Your down payment will likely be your largest upfront cost, and most buyers put down around 20% of a home’s value. However, there are some loans that require as little as 0% down, so be sure to explore all of your options.

It can take years to save up for a home. Nevertheless, if you plan ahead and follow these tips, you’ll soon be on a path to success. 

Create a monthly budget…and stick to it

Woman creating a budget

Having a budget can help you set spending limitations and savings goals each month, but it’s crucial to stick to it if you want to make progress. Start by documenting all your sources of income, then subtract your monthly expenses. This shows you what you’re paying for housing, food, utilities, and extra expenses, as well as how much you have left over. From there, you can set spending goals and designate a certain amount of money towards your house fund every month.

Cut unnecessary spending

Person using a credit card

As you craft a new budget, consider cutting out any expenses you can live without. You might have to make some sacrifices, but if you’re serious about saving for a home, your hard work will pay off in the long run. The more you save, the more house you can afford! 

Consider getting rid of any unnecessary recurring payments, like streaming services or magazine subscriptions. Cooking at home, buying generic brands, and putting off that big vacation can also save you thousands every year. If you put that money directly into your savings, you won’t even miss it…because you were already spending it.

Pay off your debt

House with coin stacks

If you’re like many would-be homebuyers, lingering credit card or student loan debt might be keeping you from making a move. Before you start saving for a home, try to pay off debts or reconsolidate them into a smaller monthly payment with a lower interest rate.

Not sure where to start? Consider talking with a financial advisor about any underlying debt that needs to be paid off. It might take a while, but it’s better to take on a mortgage with more manageable payments.

Put your retirement savings on hold

House fund coin jar

While it is crucial to save for retirement, buying a home is also an important step in your life—so it’s okay to temporarily divert some of your savings towards your down payment. However, it’s not a good idea to take money out of your existing retirement accounts. You could get saddled with taxes and unwanted early withdrawal fees if you dip into your IRA or 401(k)!

Start a side hustle

Personal trainers exercising

Even during these challenging economic times, it’s still possible to make a quick buck doing what you love. Starting a side hustle can help you rake in some extra cash on the weekends and evenings—and even a little money can add up over time.

Looking for suggestions? Pet sitting, ride sharing, personal training, and photography are just a few possibilities. Who knows…your passion could turn into a profitable second income!

Ready to Start Your Buying Journey?

Looking for more home buying advice? We’ve got you covered! Just reach out to us for more tips and tricks, and let us know when you’re ready to take your next steps. We’re always here to answer any questions you might have, especially as the market continues to change.

4 Ways to Maximize the Potential of Your Home’s Flex Space

Are you stuck at home and looking to take on a DIY project? If you have an extra room or a small nook that you just don’t know how to use, try tackling a mini home makeover! Here are some out-of-the-box ways to transform surplus flex space into a room that you’ll actually use…and will maybe even appeal to future buyers.

Here’s How to Take Advantage Your Flex Space

A flex space is an area in your home that can be customized and used in a number of different ways. They’re designed to be flexible (hence the name), and their function can be changed depending on the kind of room you need. 

Looking for some inspiration to really spruce up your flex space? Here are a few ideas that won’t require much money or time.

Incorporate a home office

Home office desk

Have you recently started working from home? If so, it might be worth setting up your own home office. Even if you don’t have a separate room for your workspace, you can easily create a dedicated office with what you have.

If you really need a place to work, start by moving around some furniture or finding a quieter area in your house that doesn’t get used often. Remember—this is supposed to be an office you’ll want to spend time in, so be sure to add more than just a desk. Some great lighting, storage for supplies, and a comfy couch or task chair can tie the whole workspace together. 

Create a home gym

Workout equipment

Turning your flex space into a home gym is a practical way to show off its potential as a multi-use space. And if you’ve been slacking off on your workouts recently, having a dedicated active area can help you stay fit without leaving home.

To get started, try adding some mirrors, a wall-mounted weight rack, and exercise equipment that you’ll actually use (like resistance bands, a stability ball, or dumbbells). You can also incorporate a television or child-safe mats to easily turn your workout spot into a media room or play area!

Make the most of smaller spaces

Woman reading in a hammock

Does your home have a smaller room or nook that doesn’t seem to serve a purpose? You can make the most of these awkward spaces by transforming them into whatever you want—the options really are endless here, so feel free to get creative.

If you aren’t sure where to start, just let your imagination run wild. If you love to read, consider creating a small library or reading nook where you can relax with your favorite book. Want to pick up a new skill? Having a dedicated hobby room makes it easy to spend time doing what you love. You can even design a designated space for your pets or a playroom for your children—it’s all up to you! 

Add tons of storage

Shelving in a home office

No matter what you choose to do with your flex area, it’s crucial to have enough storage space. You never know what you might use a particular room for in the future—but closets, shelving, and cabinets are always useful additions. 

Even if a room doesn’t have a dedicated closet, you can create stylish storage by adding built-ins or tall bookcases. For a more minimalist look, wall mounted shelves are the way to go. You can even incorporate storage as part of your decor by investing in a trendy ottoman or a set of matching baskets.

Getting Ready to Sell?

If you’re thinking about listing your home and want to maximize the potential of your flex space, we’d be happy to help! While it may be impossible to predict how current events will affect the market, you can still sell quickly and for top dollar—just give us a call for all the details.

3 Key Tips to Finding a Home Online

The coronavirus outbreak is impacting the world, and it definitely affects anyone looking to buy a home. The pandemic is changing the entire real estate industry—and buying a home wasn’t exactly an easy process to begin with! Now, finding a home online might be the only option.

Finding a Home Online Isn’t as Difficult as You’d Think

Thankfully, we live in a time where online home searches have never been easier. You can easily find the perfect real estate agent by looking through ones in your area online, and they’ll help you find everything you need. Here are some tips we’ve created to help you track down your dream home…virtually!

Find a Great Local Agent

Buying a Home

The first thing you should be looking for is a local agent who can help you find your perfect home. Agents have access to homes that haven’t been listed yet and houses that you would never know are for sale. Using an agent broadens your options so that you can find the home that meets your every need.

Look at Local Real Estate Websites

Home for Sale

Make sure that you’re checking local real estate websites to find the newest homes on the market. If you’re in the Albuquerque or Santa Fe area, we’ve got a great way to show you what’s for sale in the area in your price range. 

Our home search tool lets you set your budget and pick how many bedrooms and bathrooms you’d like. We also let you filter homes based on locations, neighborhoods, features, and much, much more.

Keep an Open Mind

Browsing homes online

Make sure you keep a clear head when you’re looking at homes online. Don’t talk yourself into or out of a house based on pictures alone! There are too many variables that affect how a home looks in a photo, so be open-minded if you come across a home that’s almost perfect

If you find a house that you’re interested in, contact your agent! More and more agents these days are offering virtual tours that allow you to see more of the home and ask any questions you’d like… without having to leave the comfort of your couch.

Don’t Forget to Ask Questions

Real Estate Agent

Make sure to find out as much information as you can about a home before you commit. Some real estate websites won’t tell you everything you need to know immediately; imagine settling on the perfect home…only to find out the HVAC system is 25 years old! That’s definitely something you want to ask your agent about before you consider making an offer. 

Make sure to contact your agent and ask questions. Most agents are still working (from home) and can get all the information you need without you having to go anywhere in person. They’ll serve as a vital resource when you’re buying a home online, so don’t overlook them!

Ready to Find Your Dream Home?

If you’re ready to find the perfect home, then we can help! We know how much current events have changed everything from business to day-to-day living, and we are more than happy to assist you during the home-buying process

How COVID-19 Is Impacting Real Estate

If you’ve been thinking about buying or selling a home in the near future, the unprecedented events of the last few weeks might have left you feeling a bit uncertain. COVID-19 has undoubtedly affected all of our lives, but that doesn’t mean you need to press pause on your real estate dreams. 

We want to set the record straight about how these changes to everyday life affect buyers, sellers, and agents…and how you can protect yourself while continuing to pursue your goals. 

How Will COVID-19 Affect the Real Estate Market?

Our way of life has changed dramatically within the course of just a few weeks, and the real estate market has shifted, too. Have a few questions? It’s hard to predict what will happen in the future, but here’s what we know right now.

Expect some major market shifts

Person studying COVID-19 graph

As we adjust to a new normal, it’s clear that COVID-19 will have a lasting impact on every industry in the country—including real estate. However, this doesn’t mean that investors aren’t still buying and selling homes. A recent survey by the National Association of Realtors shows that 61% of sellers plan to keep their houses on the market, and over half of buyers will continue to shop for a home.

Although we’ll likely see a reduced number of sales in the coming weeks and months, record-low interest rates and a continuously low supply of homes might help to prevent any drastic price drops. Many economists also believe that another housing market crash is unlikely due to new regulations and stricter mortgage qualifications. 

Buying and Selling a Home During COVID-19

As of early April, agents are continuing to help their clients buy and sell homes—but you can expect to see some changes aimed at keeping everyone safe and healthy.

Essential Tips for Sellers

Cleaning supplies

Selling a home during the COVID-19 outbreak is definitely uncharted territory, but as we’ve seen in the last few weeks, it’s not impossible. Many sellers and their agents have worked together to pioneer new marketing strategies…some of which might last even after life returns to normal. Before you start scheduling those virtual showings, here are some tips to consider.

Make sure you’re healthy

First and foremost, it’s crucial to ensure that every member of your household is healthy before and during the selling process. Alert your agent right away if you’re feeling sick so they can halt in-person showings. 

Sanitize your home

As a seller, your main priority should be ensuring that your home is germ-free, especially before a showing. We recommend wiping down all surfaces with disinfectant wipes and sprays and offering hand sanitizer to potential buyers. Reduce unnecessary touching by pre-opening any doors, cabinets, or drawers and turning on all lights before a showing.

Capitalize on digital marketing

If you still plan on selling soon, have your agent use the latest digital marketing techniques to really showcase your listing. Open houses and showings might be out, but virtual tours and showings via video sharing platforms are in—and it’s important to capitalize on these techniques to draw in potential buyers.

Essential Tips for Buyers

Person using a tablet

Believe it or not, it’s still possible to buy a home during these uncertain times—and modern technology is making everything easier than you might expect. Here’s how to stay safe and healthy throughout the entire buying process.

Make sure you’re healthy 

If you’re feeling ill, it’s important that you stay home, practice social distancing, and avoid any showings. However, you can still continue to tour homes virtually and chat with your agent via online meetings.

Use virtual homebuying technology

Thanks to new innovations, it’s easier than ever to explore listings from the comfort of your couch. If you don’t want to attend a showing, many agents provide in-depth virtual tours and personal walkthroughs through video platforms like FaceTime and Zoom. 

It’s also possible to complete the entire closing process remotely. Chances are, most documents can be signed electronically, which adds another layer of convenience and safety. Some states even allow you to virtually notarize your paperwork! 

Take extra precautions during in-person showings

Want to see a home in person before making an offer? If your agent still offers normal showings, there are a few extra steps you should take to keep yourself (and the sellers) safe. Carry hand sanitizer with you and try to refrain from touching any surfaces. This might be difficult, but it’s the easiest way to mitigate the spread of germs. If your community has a shelter-in-place order, you may have to postpone any in-person showings until restrictions are lifted.

Have More Questions?

As we navigate the changes inflicted upon the market by COVID-19, it’s crucial to consider your individual needs and follow local guidelines. We’re constantly on the lookout for new ways to assist our clients, and we’re determined to protect your health and safety while helping you meet your goals. If you have any questions, please don’t hesitate to contact us.

5 Ways to Freshen Up Your Decor for Spring

The days are getting longer, temperatures are starting to climb, and the trees are finally starting to turn green again. As spring approaches, it’s a great time to freshen up your decor and add a splash of color to your space. Looking for some quick, easy, and affordable design tips? Here are a few ways to welcome spring into your home…especially if you’re thinking about selling in the next few months!

Our Top Spring Decor Tips

Do Some Spring Cleaning

Person cleaning a kitchen

Before you make any decor updates, it’s crucial to get every inch of your home looking pristine. Spring cleaning involves more than just a little scrubbing—you should take some time to reorganize, too!

If you’re feeling a little overwhelmed, just start by working room by room and removing any clutter. It may also be beneficial to make “keep,” “donate,” and “throw away” piles to ensure that everything stays in order. After you’ve freed up some space, break out the cleaning supplies and banish any dust, cobwebs, and grime. Don’t have time to do it all yourself? Consider hiring a professional cleaner or organizer.

Incorporate a Little Greenery

Roses in a vase

Want to breathe new life into your home? Take some inspiration from nature! Adding freshly-cut or potted flowers and greenery can turn your house into a home—and if you’re selling, your buyers might appreciate the extra pop of color.

If you’re not sure where to start, consider picking up a ready-made bouquet or some low-maintenance houseplants for your living room, kitchen, or bedroom. Placing them in trendy planters and decorative vases can create an added level of style. For a final splash of spring, try hanging a wreath of seasonal blossoms or greenery on your front door to welcome guests inside.

Add New Accessories

Blue-themed living room

Take some time to get rid of your winter accessories and usher in a brand-new season. Light and bright colors, linens, textured pottery, and raw wood accents are all on-trend this spring, and adding these small details can really elevate your home’s style.

Start by incorporating some new accent pillows and paring down your current accessories in favor of a more curated collection. This is particularly important if you’re getting ready to sell; you’ll want to depersonalize your space, but it should still feel like a home. Hanging some different art on your walls can also help you transition to spring—we recommend floral prints or paintings.

Freshen Up with Inviting Scents

Lit candle in a living room

Is your home smelling a little musty after a long winter? Throw open the windows and freshen up with some invigorating scents…especially if you’ll be inviting buyers into your home.

Before you integrate spring fragrances, however, be sure to eliminate any unpleasant odors first. Once you’ve deodorized, swap out those holiday candles in favor of some fresher aromas. Lavender, fresh cotton, and lemongrass are all great choices, and they won’t be too overpowering. 

Don’t Neglect Your Outdoor Space!

Spring patio with a table and chairs

As you prep for the warmer months ahead, the outside of your home matters just as much as the inside. Your outdoor space can really make or break a sale during the spring, as buyers are probably ready to spend some time outside. Even if you aren’t selling soon, your yard, porch, deck, or patio could probably use a little extra attention. 

Brush off the winter blues by sweeping away any debris, addressing brown spots on your lawn, and getting rid of any dead or wilting plants. You might also want to incorporate some new outdoor furniture on your deck or patio to show off its potential. 

Ready Sell Your Home This Spring?

If you’re looking for spring decorating tips because you’re planning on selling your home soon, we’d love to help you navigate every step of the process. Feel free to reach out to us for more staging strategies and seller tips—we can even help you list your home with just a few clicks!

The Top 10 Questions to Ask When Choosing a Buyer’s Agent

When buying a home, who you choose to work with matters more than you think. Finding the right agent can make or break your entire experience, so it’s important to interview a few candidates before settling on “the one.” Not sure where to start? Here are a few must-ask questions to consider before you pick your buyer’s agent.

How long have you been an agent?

Agent and client talking at a table

Unless you mesh well with a newer agent, it’s usually better to go with someone who has at least a few years of experience under their belt. They’ll have the knowledge you need to navigate the ins and outs of the entire buying process.

Are you a full-time or a part-time agent?

When you’re buying a home, would you rather work with someone who puts in part-time or full-time effort? It’s best to go with a full-time agent that can devote more attention to you and your specific needs.

What experience do you have in my preferred areas?

People talking at a table

If you already know where you want to move, consider collaborating with a real estate pro that has plenty of experience in your target areas. They’ll have the inside scoop on the most popular neighborhoods, price trends, and all the other details you need to know before you buy.

How many clients are you working with right now?

It may seem tempting to use a popular agent—they must be the best if they have a lot of clients, right? This might be true, but you also want to make sure they have the time to take on another buyer. The last thing you want is an agent that has a hard time scheduling showings or returning your calls.

How can I get in touch with you?

Woman texting on a cell phone

Communication is key in the world of real estate, and every agent has a different way of connecting with clients. Be upfront about which method works best for you, and confirm that your agent is willing to reach out in a way that you’re comfortable with. 

What’s your availability?

Even if an agent is able to take you on as a client and is willing to communicate, they might have a lot of other things going on in their personal and professional lives. Make sure they’re honest with you about their availability…and that they aren’t jetting off on a 2-week European vacation anytime soon!

What are the conditions of your contract?

People signing a contract

Some buyer’s agents require you to sign a contract before you start touring homes, and this isn’t necessarily a bad thing. However, you shouldn’t agree to anything without reading all the terms and conditions, and if you have any concerns, bring them up during the interview.

What’s your commission policy?

Traditionally, the seller pays most (if not all) of your agent’s commission, but it’s still crucial to familiarize yourself with their policies. You don’t want any surprises to come up during the closing, especially if they’re in the form of unexpected fees.

Can you connect me with other professionals?

Women at a table

You’ll work with more than just a real estate agent when you buy a home. If you’re looking for a good home inspector, lender, real estate attorney, repairman, or cleaner, having an agent with a broad professional network is a major plus. 

Can you provide any references?

A great agent should have plenty of references, and they’ll probably be happy to share them with you. If they seem hesitant, try searching for testimonials online or consider going with someone else. You want to choose someone that’s honest and has plenty of 5-star reviews!

Looking for a Top-Notch Agent?

If you’re looking for the right real estate agent to suit your needs, we’d love to offer you our expertise! Feel free to give us a call to learn more about the tools we offer our buyers—we’re always here to lend a helping hand or answer any lingering questions.

4 Easy, Low-Budget Projects Buyers Will Love

If you’re getting ready to sell your home, you don’t have to spend a lot of money to impress buyers. In fact, making just a few small changes can have a lasting impact and help you secure a sale. Here are four easy, low-budget projects you can do on your own—and buyers will love the results!

Updating Hardware and Fixtures

Faucet with running water

Does your kitchen feel a little drab? Is your bathroom still stuck in the 1990s? You probably don’t have to undertake an entire renovation to bring your space into the new decade—adding some updated hardware and fixtures just might do the trick! Today’s buyers are looking for modern yet timeless finishes, so oil-rubbed bronze, brushed nickel, or matte black are all great choices. 

Start by checking out your light fixtures, faucets, or shower heads. Do they look dingy, worn, or out of style? If you’ve tackled a few DIY projects in the past, you can probably update them yourself. For an even easier change, try replacing the pulls on your cabinets—it only costs a few dollars.

Adding Some Fresh Paint

Paint roller

Adding a fresh coat of paint is an easy (and inexpensive!) way to update a room, but it’s crucial to choose the right color to enhance your space. While you might love bright hues or eye-catching wallpapers, buyers may feel differently. When in doubt, it’s best to go with a more neutral shade instead of something bold.

However, just because you’re repainting your home with more subdued tones doesn’t mean you’re limited to white or beige. In fact, grays, pale pink, light sage, and even steel blue are all considered “new neutrals.” It’s okay to experiment with a little bit of color, but be sure to ask your agent for a second opinion.

Maximizing Your Storage Space

An organized closet

Dedicated storage space is one of the most highly sought-after features in today’s market—and buyers are willing to pay a premium for it. Even if your home doesn’t have a lot of storage, you can still enhance what you already have with a few small tweaks.

Buyers often prioritize laundry rooms, closets, and pantries, so it’s best to focus on these spaces if you have them. First, start by decluttering and cleaning your storage areas to maximize every square inch. Adding some shelves, woven baskets, or wall-mounted organizers can create even more storage, too.

Improving Your Curb Appeal

Front porch with a plant

Want to make a great first impression? Don’t forget to update the exterior of your home, too! It’s crucial to wow buyers from the moment they drive up to your home—if they don’t like what they see on the outside, they might never make it inside.  

If you want to up your curb appeal, start by taking a look at your home from the street. Do you see any peeling paint, cracked walkways, or overgrown bushes? These are all repairs that you can tackle during a free afternoon, and you won’t even have to enlist the help of a pro. For a really simple fix, try adding a potted plant or a new welcome mat to your porch.

Are You Ready to List?

Selling your home is no easy task…unless you have the right real estate pro on your side! We’re always here to help you navigate the selling process from start to finish, and we have plenty of staging resources to get your home looking its best. Feel free to reach out to us with any questions and let us know if you’re ready to take your next steps.

4 Tips to Ace Your First Home Purchase

If you ask a homeowner what it was like to buy their first home, they’ll probably mention a few things they’d change if they could do it all again. While it’s impossible to know everything about the home-buying process beforehand, you can still prepare yourself for what lies ahead—and figure out how to avoid some potential pitfalls. Not sure where to begin? Here are some key pointers to keep in mind before starting your search.

You’re Buying More Than a House

Neighborhood

We all know the phrase “love at first sight,” and it can certainly apply to homes, too! Even if you step inside a home and instantly fall in love, it’s crucial to step back and consider the whole picture before making a purchase.

When you buy your first property, you’re investing in more than just four walls. It’s worth paying attention to things like a home’s location, neighborhood, and physical condition, too. Even if you find that open concept kitchen you’ve been dreaming of, it might not be the right fit if it’s in the wrong community or if the rest of the house requires out-of-budget repairs. It’s best to stay realistic and listen to your agent’s (and home inspector’s) advice. Remember, this is likely one of the biggest investments you’ll ever make, so spend your money wisely!

Down Payments Are Different for Everyone

Piggy bank and house figure

So many would-be buyers are scared of homeownership for one reason: the down payment. Traditionally, you’d put down around 20% on a home and spend anywhere from 10 to 30 years paying your lender back. However, you actually have more flexibility than you might expect. 

Depending on your credit history, location, and occupation, you could be eligible for loans that require as little as 0% down. However, making a larger down payment means you’ll pay less interest to your lender in the long run. Be sure to shop around for the right fit and reach out to your agent with any questions—they’re always available to help you out. 

Prepare for Extra Expenses

House fund coin jar

Homeownership often comes with unexpected expenses, especially right after you move in. When you’re setting a budget for your big purchase, consider adding some wiggle room to allow for any additional and long term costs. You don’t want to realize that you can’t afford your home after you’ve purchased it!

Wondering what kinds of expenses can come up? Inspections, homeowner’s insurance, prepaid taxes and other various closing costs, HOA dues, and repairs are just a few possibilities. You’ll pay for some of these before or at the closing, but certain recurring costs will have to be factored into your monthly budget. 

Get Pre-Approved Before You Start Searching

Tax forms with phone and coffee cup

Once you’ve made the decision to buy, it’s tempting to start looking at listings right away. However, you might want to press pause and complete an essential step before you start scheduling showings. Getting pre-approved for your loan will show sellers and agents that you’re serious about buying—and it can tell you exactly how much you can afford to spend.

Ready to start the pre-approval process? First, you’ll want to get your finances in order and shop around for the right lender. Be sure to have all of your important documents on hand, such as your W-2 tax form, paystubs, and social security card. Most lenders allow you to apply online, and within a few business days, you’ll know whether you’ve been approved or not, as well as the conditions of the loan. 

Are You a First-Time Buyer?

Buying your first home is a big deal, and it’s important to have the right agent by your side throughout the process. If you’re ready to start your search, feel free to reach out to us with any questions. We can’t wait to help jumpstart your journey to homeownership!

4 Challenges That Come with Marketing Your Own Home

If you’re looking to list your home this year, we have some good news—2020 is forecasted to be a seller’s market, which means most properties will sell quickly and for a higher price than normal. Although buyers are scrambling to find somewhere to settle down, even the most desirable homes still need some marketing to attract a broader audience.

Thinking about selling without the help of an agent? Here are four challenges you might not have thought about—and why you should probably consider working with a pro instead. 

Reaching Out to Buyers

Laptop and phone

Real estate is always evolving, and nowadays, most homebuyers are using the internet, apps, and more to do their research before scheduling an in-person tour. That means if you want to reach an even broader audience, you’ll have to look further than just Zillow. With so many new platforms to choose from, It’s hard to know where to promote your listing—but working with an agent will open the door to even more options (and mean less work for you!).

Not sure where to start? Working with a licensed real estate expert will give you access to the Multiple Listing Service (MLS), which is the number one way that buyers search for homes. The right agent will reach out to their broad network of contacts, host open houses, take advantage of social media, and feature your home on top real estate apps.

Taking Professional Photos

Man holding a camera

Now that we’ve entered the digital age of real estate, it’s essential to get your space looking its best on a screen. Wondering how to make an unforgettable first impression? High-quality listing photos can help lure buyers into your home, especially if you highlight its best features. 

Although smartphone cameras have come a long way, they still can’t hold a candle to the power of a professional photographer. If you want a picture-perfect listing, working with a pro is the way to go—they’ll use the right angles and lighting to make your home appear bigger and brighter. Agents can even create virtual tours and take aerial photographs, which allow buyers to get an in-depth look at your home from the comfort of their couch.

Perfecting Your Listing

Women using a computer

Want to craft a flawless listing? It’s not as easy as you might think. Most buyers prioritize price, square footage, and the number of bedrooms and bathrooms—and you should include all of these in your home’s description. However, there’s more to it than just mentioning the basics. 

Because many buyers preview homes online first, a good description will set your listing apart from the rest. Highlighting special features, such as outdoor entertaining space or custom cabinets, will have potential buyers falling in love at first sight. If writing isn’t your forte, you might want to consider turning to an agent instead. They’ve probably crafted hundreds of listings in your area, so they’ll know how to appeal to prospective buyers.

Pricing Right the First Time

House figure with coin stacks and alarm clock

No matter how well you market your listing, even the most beautiful homes can linger on the market if they aren’t priced correctly. Unless you have plenty of real estate experience under your belt, you could end up making a costly mistake by setting a price without the help of a specialist. If you list too low, you risk losing hard-earned equity—but asking too much will drive buyers away.

If you’re feeling a little lost, you might want to let a professional crunch the numbers for you. The right agent will be familiar with what other homes are selling for in your area, and they’ll be able to figure out how you stack up against the competition.

Take Your Next Steps

Are you ready to team up with an agent and take the hassle out of selling? Let us do the heavy lifting for you! We believe there’s no such thing as too many questions, so feel free to reach out to learn more about navigating the selling process, as well as our effective marketing strategies.