Jay Falone's Blog
A "lowball" homebuying proposal is unlikely to do you any favors, particularly if you want to acquire your dream residence as quickly as possible. In fact, after you submit a lowball offer, it may be only a matter of time before you receive a "No" from a home seller.
When it comes to buying a house, it helps to prepare a competitive offer. That way, you can increase the likelihood of getting a seller to accept your home offer and speed up the homebuying journey.
Now, let's take a look at three tips to help you avoid the risk of submitting a lowball offer on your dream residence.
1. Analyze the Housing Market
Are you searching for a house in a buyer's or seller's market? Are homes selling quickly in the current real estate market? And are houses selling at, above or below their initial asking prices? These are just some of the questions that homebuyers need to consider as they assess the real estate sector.
With a diligent approach to buying a house, a homebuyer can become a real estate market expert. This buyer can assess a wide assortment of housing market data, and by doing so, gain the insights that he or she needs to submit a competitive offer on any residence.
2. Understand a Home's Condition
A home purchase is one of the biggest transactions that an individual will complete over the course of his or her lifetime. As such, the decision to submit an offer on a house should not be taken lightly.
To make the best-possible choice, it helps to look at all of the available information about a residence. You should review a home listing closely and attend a home showing. In many instances, it may be beneficial to check out a house a few times to get an up-close look at it before you submit an offer.
The condition of a home will play a major role in how much you are willing to offer to acquire a residence. Therefore, you should learn as much as possible about a house's condition. And if you feel comfortable with a home, you should be ready to submit an offer that will match a seller's expectations.
3. Collaborate with a Real Estate Agent
Hiring a real estate agent generally is a good idea, particularly for a homebuyer who wants to reduce the risk of submitting a lowball offer on a house. A real estate agent can help a homebuyer prepare a competitive offer, as well as ensure that a buyer can enjoy a seamless home transaction.
Furthermore, a real estate agent will allocate the necessary time and resources to help you analyze a house. He or she will even offer homebuying recommendations and teach you everything you need to know about the homebuying cycle.
Avoid the temptation to submit a lowball offer on a house – use the aforementioned tips, and you can submit a competitive proposal to acquire your dream residence.
Selling a house may prove to be difficult, particularly for those who are competing against dozens of rival sellers in the same city or town. Fortunately, there are lots of things that you can do to gain a competitive advantage over rivals in a fierce housing market.
Now, let's take a look at three tips to help you get a leg up on the home selling competition.
1. Focus on Curb Appeal
How your residence looks to buyers can have far-flung effects on the house selling journey. Thus, if you allocate time and resources to upgrade your house's curb appeal, you can differentiate your home from all others in your area. And as a result, you could speed up the home selling cycle.
To enhance your home's curb appeal, eliminate clutter and debris in front of your residence. Also, if there is any damaged home siding, you should fix this problem.
If you are unsure about how to improve your home's curb appeal on your own, you can always hire professionals to help you out, too. These professionals will take the guesswork out of home exterior improvements and allow you to upgrade your residence's curb appeal without delay.
2. Set an Aggressive Initial Asking Price
If you price your home too high, you risk alienating prospective buyers. Or, if you price your house too low, you risk missing out on the chance to optimize your home sale earnings.
Ultimately, it is beneficial to establish an aggressive initial home asking price. If you learn about the local housing market, you can compare your residence to available houses in your city or town. Then, you can use this housing market data to help you establish a competitive initial asking price for your home.
You may want to conduct a home appraisal as well. That way, you can receive a property valuation that you can use to help you set an aggressive initial home asking price.
3. Collaborate with a Real Estate Agent
Navigating a fierce housing market often is challenging for first-time and experienced house sellers alike. Lucky for you, real estate agents are available who can help you simplify the house selling journey.
By hiring a real estate agent, you can collaborate with a home selling expert. Typically, a real estate agent will work with you to create a custom home selling strategy. And when you are prepared to sell your home, a real estate agent will ensure that you can put this plan into effect and achieve the best-possible results.
Furthermore, a real estate agent will help you review any offers to purchase your house. He or she is happy to provide honest, unbiased home selling recommendations. By doing so, a real estate agent will help you immediately sell your residence and get the best price for your home.
Ready to sell your house? Take advantage of the aforementioned tips, and you can quickly and effortlessly sell your home in a competitive real estate market.
90 Indian Run Rd, Bellingham, MA 02019
In a not-so-distant future, American homeowners may not have to worry about blackouts any longer. Tesla’s giant battery recently powered up Australia’s grid after a power outage in just milliseconds. And, with new, green technologies, constantly being pursued, it could be within reach to say goodbye to blackouts once and for all.
However, we’re not quite there yet. And, if you live in the colder areas of the country, you’re also at the beginning of the worst season for snow and ice that can wreak havoc on power lines.
So, to help get you prepared, I’ve written this list of things you can do to start preparing yourself, your family, and your home for your next power outage.
Read on for the list.
1. Emergency supplies list
It’s vital to have the supplies on hand before a power outage hits so that you don’t have to be wandering around your home in the dark fishing for things you might not even have.
To avoid this, it’s a good idea to keep a supplies bag packed and tucked away somewhere safe. It’s also important that your family knows where this bag is located in case you’re away when the power goes out.
Now, let’s make your list:
Flashlights and batteries - Two quality flashlights with batteries should be on everyone’s emergency list. Make sure your batteries were recently bought and that they are of high quality that won’t run out of juice in just a few minutes. Also, consider including a wind-up flashlight that doesn’t require batteries for use in case you forget to replace your old batteries.
Radio - Most of us keep our cell phones charged up, but we’ve all been guilty of letting them get too low on charge. In these situations, it’s good to have a battery-powered radio to listen to the news.
Power bank - Speaking of cell phones and their poor battery life, consider buying a power bank and keeping an extra charging cord in your bag. Make a note to charge up your power bank every few weeks to ensure it will be charged when you need it most.
Cash - If the blackout effects more than just your neighborhood, many stores’ ATM and credit card machines may be down. It’s a good idea to have a stash of cash for emergencies.
Optional: generator - while you don’t need to buy a generator for your average power outage, it can help if you live in an area that experiences them frequently.
2. Familiarize yourself with your home
Find out where the shutoff valves for water are, learn the layout of your circuit breaker, and learn how to use the manual release on your garage door.
If you have an electric stove, consider purchasing and learning how to use a small propane grill for emergencies.
3. Best practices during a blackout
If you have children, make sure they know what to do if the power goes out when you’re not home. Especially during the winter months, it gets dark out early enough that many parents haven’t even arrived home from work yet. So, be sure your kids know not to start lighting candles in dangerous places and keeping the refrigerator open for extended periods.
Finally, it’s a good idea to turn off power strips and unplug appliances that were turned on when the power went out. This can stop surges from damaging your appliances and save you money.
Our homes are special from the first time we enter. That's why we spend our precious time and money caring for our dwellings when bad weather threatens damage.
For homeowners, windstorms are often unassuming. We all know to watch for snow or rain, but high winds can cause significant home damage.
While we can't control the wind, there are some proactive measures we can take. Refasten any loosely hanging shingles or gutters. Check the yard for unsecured items that could become projectiles in high winds. Finally, remove branches or whole trees that are within falling distance of the house.
During the winter, one of the biggest problems for homes involves the weight of snow. As mentioned above, make sure to trim any branches hanging over the house. The last thing you need is a heavy branch falling on your roof.
Before it gets too cold, you should also change filters and perform necessary maintenance on your home heating devices.
Over the past decade, floods have happened more frequently due to climate change. If you live in a minor floodplain, now is the time for a plan of action.
You may want to consider building trenches and water runoff channels into your yard. Many homeowners also build decorative concrete walls or other barriers around their homes. Lastly, consider investing in a sump pump to remove internal flooding.
Hurricanes are the most destructive of storms; however, preparation mirrors earlier examples. Preparing for hurricanes means preparing for the worst possible winds and floods. Make sure to reinforce any home appendages, barricade doors and windows, and build water barriers.