• Four Essential Components of a Strong Offer Four Essential Components of a Strong Offer

    1 comment / Posted on by Steven Rivera

    Four Essential Components of 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. We’ve put together four components that you can use to your advantage when putting together a strong offer. Read on to learn how to put together an offer that will undoubtedly capture the sellers’ attention.

    Offer Price

    This is 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 to carry them through retirement or possibly these funds may be needed for the sale of their new home. In either case, it is likely that the sellers 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 you put your offer together. While you ultimately have to be comfortable with the amount you agree...

    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. We’ve put together four components that you can use to your advantage when putting together a strong offer. Read on to learn how to put together an offer that will undoubtedly capture the sellers’ attention.

    Offer Price

    This is 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 to carry them through retirement or possibly these funds may be needed for the sale of their new home. In either case, it is likely that the sellers 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 you put your offer together. While you ultimately have to be comfortable with the amount you agree...

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  • Reasons To Consider Investing In Rental Property In Today’s Market Reasons To Consider Investing In Rental Property In Today’s Market

    0 comments / Posted on by Steven Rivera

    Reasons To Consider Investing In Rental Property In Today’s Market

    The real estate market is constantly changing, with investment approaches shifting as new market trends and area-specific information drive change. What worked twenty, fifteen or even five years ago may not work now or in the new year to come. Successful real estate investors need to constantly consider market trends in order to continue growing within their industry.

    The Real Estate Market Could Crash In The Next Few Years (Or Sooner)

    There are many signs that another real-estate market crash is on the horizon. Zero or low down payment mortgages are again becoming a thing. Real estate prices have risen dramatically while incomes have basically stagnated, which suggests a lot of people may be getting in over their heads. With market conditions changing it makes sense to invest in rental properties in 2019.

    Increased Demand For Rentals Due To The Shift In The Market

    Most young home buyers are more savvy than you may think and realize that this is not the right time to purchase due to the market trend - higher interest rates historically bring down the home value , therefore the demand for rentals will increase in the New Year as it is becoming apparent that purchasing may not be the way to go for now.
    In the past the thinking process was that if home prices go down, you can just sit tight for a couple of years until they come up again. In my opinion those home buyers should be prepared for a long wait. I have a friend who bought a house...

    The real estate market is constantly changing, with investment approaches shifting as new market trends and area-specific information drive change. What worked twenty, fifteen or even five years ago may not work now or in the new year to come. Successful real estate investors need to constantly consider market trends in order to continue growing within their industry.

    The Real Estate Market Could Crash In The Next Few Years (Or Sooner)

    There are many signs that another real-estate market crash is on the horizon. Zero or low down payment mortgages are again becoming a thing. Real estate prices have risen dramatically while incomes have basically stagnated, which suggests a lot of people may be getting in over their heads. With market conditions changing it makes sense to invest in rental properties in 2019.

    Increased Demand For Rentals Due To The Shift In The Market

    Most young home buyers are more savvy than you may think and realize that this is not the right time to purchase due to the market trend - higher interest rates historically bring down the home value , therefore the demand for rentals will increase in the New Year as it is becoming apparent that purchasing may not be the way to go for now.
    In the past the thinking process was that if home prices go down, you can just sit tight for a couple of years until they come up again. In my opinion those home buyers should be prepared for a long wait. I have a friend who bought a house...

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  • Smart Technology Benefits in the Home Smart Technology Benefits in the Home

    0 comments / Posted on by Steven Rivera

    Smart Technology Benefits in the Home

    Smart technology is not just for the techies who love tinkering around with gadgets and gizmos. Neither is it exclusively for the super-rich who are constantly on the search for something extraordinary to spend their money on. Smart technology is readily available to everyone and is more common than ever before.

    Programmable temperature settings, one-button centralized lighting control, remotes that open and shut the living room blinds... these are just some of the ways that many of use smart technology in our homes. But the big question is, do we really need it or is it all just a little too highly overrated?

    This list of benefits smart technology can offer may be an eye opener.

     

    1. Smart Technology Helps Conserve Energy.

    Diminishing fuel sources combined with rising energy costs have made energy conservation a top priority. Smart technology helps by automating home energy usage. Many of us forget to switch off the lights or turn off the thermostat before we leave home, resulting in a huge waste of energy and money. In homes that use smart technology, light usage is automatically regulated, heating and cooling equipment is monitored and appliances are shut off if not in use. Homeowners have the added benefit of being able to turn appliances on or off while they are away from home. This not only saves money, but also helps protect the environment.

     

    1. Offers Convenience At Various Levels.
    2. ...

    Smart technology is not just for the techies who love tinkering around with gadgets and gizmos. Neither is it exclusively for the super-rich who are constantly on the search for something extraordinary to spend their money on. Smart technology is readily available to everyone and is more common than ever before.

    Programmable temperature settings, one-button centralized lighting control, remotes that open and shut the living room blinds... these are just some of the ways that many of use smart technology in our homes. But the big question is, do we really need it or is it all just a little too highly overrated?

    This list of benefits smart technology can offer may be an eye opener.

     

    1. Smart Technology Helps Conserve Energy.

    Diminishing fuel sources combined with rising energy costs have made energy conservation a top priority. Smart technology helps by automating home energy usage. Many of us forget to switch off the lights or turn off the thermostat before we leave home, resulting in a huge waste of energy and money. In homes that use smart technology, light usage is automatically regulated, heating and cooling equipment is monitored and appliances are shut off if not in use. Homeowners have the added benefit of being able to turn appliances on or off while they are away from home. This not only saves money, but also helps protect the environment.

     

    1. Offers Convenience At Various Levels.
    2. ...

    Read more