Carol Woods' Blog
If you are in hot pursuit of your dream home, it is important to do everything you can to gain a leg up on the competition. That way, you can acquire your ideal residence as quickly as possible.
Now, let's take a look at three tips to help you gain a competitive advantage over your homebuying rivals.
1. Keep Track of the Local Housing Market
The top houses sell immediately, and as such, you may need to act fast to find and purchase your dream residence. If you keep track of the local housing market, however, you will be better equipped than other buyers to instantly acquire a house that suits you perfectly.
Monitor the housing market in cities and towns where you want to reside. Then, if you find a house you may want to buy, don't hesitate to set up a showing. And if you like what you see, you should submit a competitive offer to purchase this residence.
2. Get Your Finances in Order
Entering the housing market with pre-approval for a mortgage usually is a good idea. Because if you know how much you can spend on a residence, you can tailor your house search accordingly.
To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. Find out what mortgage options are available, and learn how different types of home financing work. Next, you can select a mortgage that enables you to begin your house search with a budget in hand.
Of course, if you have any concerns or questions about home financing, you should address them right away. If you speak with mortgage specialists at a bank or credit union, you can get the insights you need to make an informed mortgage selection.
3. Employ a Real Estate Agent
A real estate agent is a difference-maker, particularly for a homebuyer who is shopping for a residence in a fierce housing market. Typically, a real estate agent will work with a buyer to craft an in-depth property buying strategy. A real estate agent and homebuyer then will work together to put this plan into action and streamline the property buying journey.
In addition, a real estate agent offers guidance at each stage of the homebuying cycle. He or she first will help you hone your home search to a select group of cities and towns. A real estate agent next will keep you informed about houses that become available that match your homebuying criteria. If you find a house you want to purchase, a real estate agent will help you submit an aggressive property buying proposal. And if your offer to buy a home is accepted, a real estate agent will make it simple for you to finalize your house purchase.
As you get ready to pursue your dream residence, you should devote plenty of time and resources to prepare. Thanks to the aforementioned tips, you can prep for the homebuying journey, gain a competitive advantage over rival buyers and accelerate your house search.
89 Salem Rd, Billerica, MA 01821
Keeping a clean and reasonably organized kitchen is essential for those wanting to prepare food at home quickly. Finding your kitchen comfortable to work in and maintain will help keep you motivated to cook instead of caving to ordering in or going out to eat. It may seem simple, but many people just put things in different cupboards and don't consider how it might affect the flow of their kitchen and their ability to use the space efficiently. Here are some thoughtful ideas to consider when putting kitchen items away in your new home, or when you finally get around to reorganizing your kitchen space.
Consider the location of your large appliances. You can’t rearrange your refrigerator, stove, dishwasher or sink without a kitchen remodel. So, you’ll need to design your kitchen organization around these main appliances that you use frequently. Inspect at the cupboard and drawer space in your kitchen and consider organizing as follows.
- Prep: Put your cutting boards and knives near each other for easy access and consider keeping them near your sink or within close range of your kitchen trash for quick clean up.
- Cooking: Place pots, pans, and bakeware in a cupboard near your stovetop and oven. Put hot pads, trivets, and utensils like spatulas and cooking spoons in a drawer near the stove or hang your tools on hooks by the stovetop.
- Drinking: If possible put your coffee pot near your sink and fridge and place your glasses and mugs in a cupboard easily accessible by both.
- Dining: For the most convenience see if you can place your plates, bowls and serving dishes near your table and also near your sink and dishwasher. This arrangement will help facilitate dining as well as simplify clean up.
- Miscellaneous Appliances: Take inventory of your appliances and be honest with yourself about which ones you use the most. If you bake all the time maybe your mixer needs to be out on the counter or in the front of a lower cupboard. If you’re really into juicing or making smoothies, consider keeping these appliances out or in a place you can easily access. If you rarely use your crockpot or fondue set and are truthfully unlikely to start anytime soon you don’t need to have these items out crowding your space or taking up prime real estate at the front of your cupboards.
Organizing dry foods can also be tricky depending on the size of your kitchen, but there are several ideas you can use to help yourself out.
- Baking: Put all your baking materials in the same cupboard, on the same shelf if possible and keep these near your oven or your mixing equipment.
- Beverages: Keep all your coffees and teas together and near your coffee pot and water kettle.
- Pantry Goods: If you don’t have a pantry, designate one cupboard to house goods that are shelf-stable for a long time. Place canned items, unopened sauces, rice and pasta in this cupboard, or on a particular shelf.
- Daily Use: For items you use daily like bread, cereal and snacks find a quick access location in your kitchen. Maybe this is a cupboard right by your plates and bowls or by your fridge.
Any kitchen, no matter the size can be organized to meet your daily needs. Take inventory of what you have and what you use to help you transform your kitchen into a functional space that works for you.
You've assessed your budget, changed your habits, and made spending cuts but you still need to reach your down payment faster. Consider these significant steps to help you get there.
- Take on a second part-time job. If your work schedule allows you to add a second job find a part-time option that will enable you to earn one or two thousand dollars more each month. If you are part of a couple, each partner can get a light part-time job without feeling overloaded. Bonus—occupying your time more does help lead to less spending and more saving! Tutor students, pet sit, or take a steady part-time gig!
- Move back home, move in with extended family, or get a roommate. If your family is on board with the changes you need to make to meet your financial goals, consider moving in with someone in your family to pay lower rent and save tens of thousands over one year. If family help isn't an option, consider getting a roommate or moving into a two-bedroom apartment and adding a roommate to lower your monthly rent.
- Review your belongings for big-ticket items you can sell. Do you live in an area with excellent public transportation? Consider selling your expensive, gas-guzzling car or getting out of your costly lease. Do either you or your spouse work at home, but you both own a car? See if you can help fund your savings by downsizing to one vehicle for the next year to save more.
- Sell unworn jewelry and have broken pieces melted down for cash.
- Skip vacations for a year, or even two! And during your vacation time, take on an extra job so when you head back to work you’ve earned a bit chunk to add to your savings kitty.
- If your owning a home in the near future is a top priority, take a break from your retirement fund at work and redirect those funds into your savings account. (Only take this step if you are completely committed to reaching your down payment goal within a year or two at most since you lose the value of compounding those funds toward your retirement for the life of the account.
- Direct all your tax refund and any annual bonuses into your savings!
Remember, this isn’t a forever deal. You’re not signing on for an austere life ongoing. It’s just temporary to reach a goal. Your real estate professional can help you get started by determining how much you need to set aside for your down payment.
Home improvements are often considered arduous tasks. Of course, the thought of improving certain aspects of the home crosses the mind at some point in time. But, you may discard such ideas when considering the technicality associated with home improvements.The issue of time, funds, energy, workforce and a host of others crop up as soon as a home improvement topic comes to mind. These deterrent factors add up quickly, and home improvement ends up at the back burner.
Here, you will learn a few benefits you stand to gain by embarking on home improvement projects from time to time.
- Allows for Expansion. Home improvement involves rearranging, break down, and restructuring. These activities de-clutter your home, making available some space you never thought were there. You could comfortably play host to friends, keep an uninterrupted line of sight on your kids, not to mention the superb view it provides. It is entirely worth it!
- Appreciates the Value of Your Home. An improvement on the home extends beyond short-term gains. Every home improvement project adds value to your home, increasing your chances of attracting potential buyers and upselling the property. Although the intent behind the improvement to various sections of the house might not directly target attracting buyers, undertaking such projects boosts the appearance of your home which, in turn, spikes the market value of the home to the roof.
- Beautifies Your Home. The beautification of the home is one of the most common and obvious reasons why many homeowners embark on home improvement projects. Nobody wants to live in an old and dilapidated house. Which is why homeowners are compelled to improve and update the look of their home from time to time. A beautiful home is the pride of the homeowner and the envy of passersby..
- Preserves the Glamour. Like other things in life, your home requires constant maintenance to live a useful life. Without active efforts, your flawless paradise may become a place of ruin in no time. Therefore, home improvement projects are crucial to help preserve the glamour that your home deserves. Be sure to give basic installations such as doors, windows, roofing, handles, a lift to ensure proper function and preserved beauty.
An investment in the home is an investment in the future. Although plans may not be in motion to sell the house anytime soon, it is the wish of every homeowner to live in a stylish and exquisite home. Pick up those tools and get to work today!