Coldwell Banker Murray Real Estate



Posted by Coldwell Banker Murray Real Estate on 6/12/2018

If you plan to submit an offer to purchase a home, there is no need to leave anything to chance. And in most instances, it is a good idea to put your best foot forward with your offer to purchase. That way, you can boost the likelihood of receiving an instant "Yes" from a seller and moving one step closer to acquiring your ideal residence.

Now, let's take a look at three tips to help you put together a competitive homebuying proposal.

1. Study the Housing Market

The current state of the housing market may impact the definition of a competitive offer to purchase. For instance, if the housing market favors buyers, you may face limited competition to acquire your ideal residence and can craft your offer to purchase accordingly. On the other hand, if the housing market favors sellers, you may need to submit an offer to purchase at or above a seller's initial asking price to secure your dream home.

Take a close look at the housing market and analyze market data. Then, you can differentiate a buyer's market from a seller's market and determine how much to offer for a house.

2. Weigh a House's Pros and Cons

A home has its strengths and weaknesses, and as a property buyer, you should dedicate time and resources to learn about all aspects of a residence. By doing so, you can determine whether a residence is right for you and submit an offer to purchase based on a house's age and condition.

Consider any home repairs that may need to be completed as well. If you understand the costs of potential home improvements, you can craft an offer to purchase that accounts for these tasks.

3. Collaborate with a Real Estate Agent

Submitting a competitive offer to purchase sometimes can be difficult for experienced and first-time homebuyers alike. Fortunately, if you work with a real estate agent, you can get the help you need to create an aggressive offer to purchase.

A real estate agent understands the ins and outs of buying a house and can offer expert insights into the property buying journey. He or she will teach you about the real estate market and respond to your homebuying concerns or questions. In addition, a real estate agent will help you find your dream home, set up house showings and keep you informed about residences that become available and fit your homebuying criteria.

Furthermore, a real estate agent can provide in-depth housing market data and insights. He or she ultimately can help you take the guesswork out of crafting a competitive homebuying proposal. And as a result, a real estate agent will do everything possible to ensure your offer to purchase matches a seller's expectations.

Ready to submit an offer to purchase your dream residence? Take advantage of the aforementioned tips, and you can bolster your chances of acquiring your ideal residence in the foreseeable future.




Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 5/22/2018

The kitchen is one of the busiest rooms in a home. Not just a place to cook meals itís also often the entrance to a home and where families gather together at the end of the day. Arguably, itís also the most important room in the home and the one home buyers should be most astute of.

The kitchen is one of the most expensive rooms to remodel ranging between $20,000 and $50,000. Whether youíre eager for some renovation projects or looking for a move-in ready home, youíll want to assess the level of work this room will need as your shop potential houses.

Start with perhaps the most obvious - is the room large enough for your daily needs? Is there plenty of counter space or room to expand cabinetry? Do you have a lot of kitchen tools that call for plenty of storage space or perhaps prefer an island to prep dinner at? Know what your ideal kitchen space ahead of time, especially if it is a priority, so your realtor can help you find the perfect fit.

Check that all appliances to ensure they are in working order as per the disclosure statement claims. Appliances are a big expense and youíll want to have a good idea of what will need replacing or to be installed. Consider if they are an easy color to match when it comes time for replacement and if any are under warranty.

Youíll also want to examine the cabinetry. Check to ensure all drawers and cabinets are properly aligned and open smoothly. If they are wooden cabinets you can easily swap out hardware or change the color if youíre not a fan of the current style. However, other materials are not as convenient so consider replacement costs if youíre unhappy with the current installation.

Countertops can be another major expense. Have the granite countertops been properly taken care of? If they are laminate are they scratched or chipped? If this isnít an upgrade youíre looking to make, be sure to look closely at what each home already has in place.

Kitchens are one of the busiest rooms in your home, especially if you love to cook. Check flooring for loose tiles, discoloration or poorly maintained wood flooring. This tells you a few things. Firstly, the quality of the materials used to build the home. And secondly, how well the house has been maintained over time.

Remodeling isnít on everyone's list when house shopping. And with kitchenís being one of the most expensive to renovate, this is one room you want to pay extra attention to as you view each potential home. Happy house hunting!




Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 5/8/2018

Want to relocate to a condo? Buying a condo can be an uphill climb, particularly for homebuyers who are browsing the real estate market for the first time. Fortunately, real estate agents are available who will allocate the necessary time and resources to ensure you can find a top-notch condo in no time at all.

Ultimately, hiring the right real estate agent to assist you during your condo search can be easy. Here are three questions that you should ask a real estate agent before you hire him or her to guide you during your condo search:

1. How have you helped condo buyers in the past?

Ask a real estate agent about his or her past experience with condo buyers Ė you'll be glad you did. With this information at your disposal, you can find out how a real estate professional collaborates with condo buyers to help them achieve their goals.

A real estate agent should be a good communicator, i.e. someone who keeps condo buyers informed at each stage of the condo buying journey. That way, this real estate professional will keep you up to date about new condos as they become available and ensure you can find a great condo at a budget-friendly price.

When in doubt, be sure to ask for client referrals too. By doing so, you can reach out to a real estate agent's past clients to learn about their condo buying experiences.

2. How do you approach difficult situations?

Unfortunately, the condo buying journey sometimes can be filled with roadblocks along the way. For real estate agents, it is important to remain calm, cool and collected in these situations and do everything possible to limit their impact.

Ask a real estate agent to share details about past condo buying experiences that did not necessarily go according to plan. This will provide you with insights into how a real estate agent approaches unforeseen circumstances and whether he or she can thrive under pressure.

A real estate professional with condo buying experience should do whatever it takes to help his or her client get the best results possible. With this real estate agent at your side, you should have no trouble securing your dream condo, regardless of the challenges that you encounter along the way.

3. Why should I hire you?

There is no right or wrong answer as to why you should hire a real estate agent to help you find a condo. For many condo buyers, it is a gut feeling. Meanwhile, other property buyers will choose a real estate professional based solely on his or her education and past successes.

As a condo buyer, it is important to employ a real estate agent who you will feel comfortable working with at all times. This real estate professional should be happy to help you in any way possible and respond to your condo buying concerns and queries. In addition, he or she will go the extra mile to ensure you can buy a terrific condo that matches or exceeds your expectations.




Tags: Condo   buyer tips   Buying a home  
Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 4/17/2018

If you want to purchase a home, it may be beneficial to check out the residences available in a major city. In fact, there are many reasons to pursue a city house, and these include:

1. You can live near a variety of attractions and landmarks.

Most cities provide quick, easy access to attractions and landmarks. And if you purchase a city residence, you can explore a wide range of attractions and landmarks any time you choose.

Of course, it generally helps to plan ahead if you intend to buy a city residence. If you enter the real estate market with a homebuying strategy in hand, you can narrow your city house search to residences near your preferred attractions and landmarks.

2. You can upgrade or downgrade from your current residence.

If you find your current residence no longer matches your needs, don't stress. Houses are available in cities around the country so you can upgrade or downgrade from your current home.

Oftentimes, it helps to get pre-approved for a mortgage before you start to explore city residences. If you are pre-approved for a mortgage, you'll know exactly how much you can spend on a city home. Then, you can hone your city house search and speed up the homebuying journey.

3. You can find a residence close to family members and friends in the city.

If your family members and friends frequently rave about life in the city, now may be the perfect time to join them. And if you kick off a city house search, you can find a great home that allows you to live close to loved ones.

The city real estate market often fluctuates, and a housing sector that favors buyers today may shift into sellers' favor tomorrow. Thus, if you want to buy a city home near loved ones, you should allocate time and resources to learn about the local housing sector. Because if you have housing market insights at your disposal, you can differentiate a buyer's market from a seller's market and prepare accordingly.

As you get ready to launch a search for a home in the city of your choice, you may want to hire a real estate agent too. By employing a real estate agent, you can get the help you need to streamline your city house search.

Typically, a real estate agent will meet with you, find out where you want to reside in your city of choice and help you budget for the homebuying journey. He or she also will keep you up to date about city residences that meet your homebuying criteria. And if you find a city residence that you want to buy, a real estate agent will help you submit a competitive offer to purchase this home.

Simplify the process of locating and purchasing your ideal city home. Hire a real estate agent today, and you can receive extensive assistance at each stage of the property buying journey.




Categories: Uncategorized  


Posted by Coldwell Banker Murray Real Estate on 4/10/2018

When youíre shopping for a home, one of the most important things is that you feel comfortable in the home. Sure, you can look at the listing and visit the property, but youíll never know what itís like to sleep in a home until you move in. While there arenít many homeowners that offer overnights in order for you to feel out their property listing, there are ways that you can test a home out subtly.


Check Out The Neighborhood


You can learn a lot about a neighborhood just by observing the area. See how many people are out walking around. What is the age group of the people you see? This can give you a great idea of the neighborhood that your potential home is in. You could do this investigating several times at different hours of the day to get a full picture of the area.


Getting out and taking a stroll around the neighborhood is also a great idea to see what potentially living in your new home will be like. Check out public transportation options and local establishments like restaurants and coffee shops. Another great place to check out is local parks and recreation centers. This will allow you to see both the quality and the quantity of the options available to you. 


Test The Plumbing


If you have a chance as youíre walking through a home, touring it, be sure to check out the plumbing. Turn on the faucets. See how the water pressure from the shower is. It seems like kind of a strange thing to think of testing, but itís important. You donít want to move into a house only to find out the water pressure is unlivable and the hot water isnít so hot! 


Check Out How The Windows Work


A home with a breeze is always nice. See if any windows get stuck or are leaking out cold air when shut. This is a subtle way to do your own home inspection of an important aspect of your potential future home. Paying attention to the windows can also help you to hear the noise factor that you might face in the home. Can you hear a lot of traffic? Is the neighborhood quiet? Discovering these things will be very important in your decision to purchase a home.   


How Is The Storage Space?


Look around the homes that youíre considering and see how much storage space youíll have. Is there a basement or an attic or both? How easy are these spaces to access? If a home lacks adequate closet space for storing things like towels, cleaners, clothing, etc, you may find yourself scrambling for ways to keep all of your things in the home once you move in. Make sure the storage space you see is enough for you and your familyís lifestyle.    

 








Tags
©2018 Murray Real Estate,Inc. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Murray Real Estate, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.