• 6 Reasons Fall may be the Best Time To Buy a Home 6 Reasons Fall may be the Best Time To Buy a Home

    0 comments / Posted on by Steven Rivera

    6 Reasons Fall may be the Best Time To Buy a Home

    Traditionally, spring is considered peak season in the real estate market. Families with school-aged children find it less disruptive to move over the summer. Spring is also a time when people are eager to get outside and properties usually look their best. On the flip side, however, there are a number of good reasons for homebuyers to hold off until fall:

    1. Sellers are Motivated

    If they weren’t, they’d probably hold off until spring, since April is the best month to sell a home. By fall, sellers who were “testing the waters” with a listing in prime selling season are either eliminated or are now serious sellers.

    These motivated sellers often want to get things settled before the end of the year, completing their own move before the holidays. Living “in limbo” for several months can be exhausting and provides another motivating factor.

    The longer a house has been on the market, the more likely a seller is willing to negotiate on everything from price, to closing costs, to move-in dates.

    2. There are Fewer Buyers

    Potential buyers with children are less likely to be in the market once school has started. Other autumn buyers may become hampered by inclement weather, shorter daylight hours, and holiday demands. If you are flexible, less competition in the fall can pay off for you!

    3. Lower Home Prices

    October may be the best month to buy a home. After reviewing 32 million sales of single family homes over a 15-year period, RealtyTrac found that properties that went under contract in...

    Traditionally, spring is considered peak season in the real estate market. Families with school-aged children find it less disruptive to move over the summer. Spring is also a time when people are eager to get outside and properties usually look their best. On the flip side, however, there are a number of good reasons for homebuyers to hold off until fall:

    1. Sellers are Motivated

    If they weren’t, they’d probably hold off until spring, since April is the best month to sell a home. By fall, sellers who were “testing the waters” with a listing in prime selling season are either eliminated or are now serious sellers.

    These motivated sellers often want to get things settled before the end of the year, completing their own move before the holidays. Living “in limbo” for several months can be exhausting and provides another motivating factor.

    The longer a house has been on the market, the more likely a seller is willing to negotiate on everything from price, to closing costs, to move-in dates.

    2. There are Fewer Buyers

    Potential buyers with children are less likely to be in the market once school has started. Other autumn buyers may become hampered by inclement weather, shorter daylight hours, and holiday demands. If you are flexible, less competition in the fall can pay off for you!

    3. Lower Home Prices

    October may be the best month to buy a home. After reviewing 32 million sales of single family homes over a 15-year period, RealtyTrac found that properties that went under contract in...

    Read more

  • Reasons Why You Should Hire a Real Estate Professional When Buying or Selling Your Home Reasons Why You Should Hire a Real Estate Professional When Buying or Selling Your Home

    0 comments / Posted on by Steven Rivera

    Reasons Why You Should Hire a Real Estate Professional When Buying or Selling Your Home

    Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’

    The reasons you NEED a real estate professional in your corner haven’t changed but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.

    What do you do with all this paperwork?
    Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

    Ok, so you found your dream house, now what?
    There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to make sure that you achieve your dream?

    Are you a good negotiator?
    So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyers (who want the best...

    Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’

    The reasons you NEED a real estate professional in your corner haven’t changed but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.

    What do you do with all this paperwork?
    Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

    Ok, so you found your dream house, now what?
    There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to make sure that you achieve your dream?

    Are you a good negotiator?
    So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyers (who want the best...

    Read more

  • Tips on Making a Strong Offer Tips on Making a Strong Offer

    0 comments / Posted on by Steven Rivera

    Tips on Making a Strong Offer

    If you're in the process of shopping for a home, you likely want to know how to make your offer stand out from the crowd. Below, you will find four components that you can use to your advantage when putting together a strong offer. Read on below to learn how to put together an offer that will undoubtedly capture the sellers' attention.

    Offer Price

    This is the one component of an offer that everyone knows about, even if they've never been through the process before. However, as the buyer, it might be less of a big deal than many people make it out to be.

    From the sellers' perspective, the offer price makes a huge difference. The proceeds that they receive from at settlement are the only benefit that they get from the sale of their home. That money could be what they're relying on in order to purchase their next home or to carry them through retirement. It's likely that they have a firm bottom line that they need to meet.

    However, as the buyer, you're a bit more protected from the impact of a higher offer price. Any increase in price will be rolled into your mortgage and you'll pay for it over the life of the loan. It will likely only make a small difference in your monthly payment.

    Keep this in mind as put your offer together. While you ultimately have to be comfortable with the amount you agree to pay, if you love the home, it may be worth...

    If you're in the process of shopping for a home, you likely want to know how to make your offer stand out from the crowd. Below, you will find four components that you can use to your advantage when putting together a strong offer. Read on below to learn how to put together an offer that will undoubtedly capture the sellers' attention.

    Offer Price

    This is the one component of an offer that everyone knows about, even if they've never been through the process before. However, as the buyer, it might be less of a big deal than many people make it out to be.

    From the sellers' perspective, the offer price makes a huge difference. The proceeds that they receive from at settlement are the only benefit that they get from the sale of their home. That money could be what they're relying on in order to purchase their next home or to carry them through retirement. It's likely that they have a firm bottom line that they need to meet.

    However, as the buyer, you're a bit more protected from the impact of a higher offer price. Any increase in price will be rolled into your mortgage and you'll pay for it over the life of the loan. It will likely only make a small difference in your monthly payment.

    Keep this in mind as put your offer together. While you ultimately have to be comfortable with the amount you agree to pay, if you love the home, it may be worth...

    Read more

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