Pierre C. Rumpf's Blog
Looking to buy a house without having to break your budget? Put together a homebuying roadmap, and you can increase your chances of finding a top-notch house that falls within your price range.
Ultimately, there are many things to consider as you put together a homebuying roadmap, such as:
1. Your Dream Home Definition
Differentiate your dream home must-haves from your wants – you'll be glad you did. If you can determine exactly what you want to find in your dream house, you can narrow your home search accordingly.
For example, if you need a home with multiple bedrooms to accommodate your entire family, you should include this information near the top of your homebuying roadmap. You then can kick off a search of multi-bedroom homes and move closer to finding your ideal residence.
2. Where You Want to Live
Do you enjoy life in the big city? Or, would you prefer to settle down in a small town? Think about where you would like to call home so that you can effectively plan your homebuying journey.
Ideally, you should try to refine your home search to a small collection of cities and towns. This will enable you to speed up your home search and ensure you can find a house that suits you perfectly.
Keep in mind your day-to-day activities as you consider where you want to live too. For instance, if you work in the city, you may want to pursue houses in or near the city itself. On the other hand, you may be able to purchase a small town home for less than what you would have to pay for a city residence and commute into the city for work.
3. Your Homebuying Timeline
Determine how quickly you'd like to finalize a home purchase. That way, you can map out exactly how you want to approach the housing market.
If you are committed to buying a house as soon as possible, you'll need to be proactive. The top houses sell quickly, and if you don't act fast, you risk missing out on your dream residence to a rival homebuyer.
Conversely, if you can afford to be patient, you can avoid pressure throughout the homebuying process. In this scenario, you can pursue houses at your convenience. And once you find the right home, you can submit an offer and finalize your home purchase.
When it comes to creating a homebuying roadmap, it generally helps to get support from a real estate agent. In fact, this housing market professional can provide plenty of assistance throughout the homebuying journey.
A real estate agent will learn about your homebuying goals and help you develop a successful homebuying roadmap. Furthermore, he or she can keep you up to date about new homes as they become available and make it easy to discover a wonderful residence at a budget-friendly price.
Ready to get started on the process of purchasing a house? Consider the aforementioned items as you create a homebuying roadmap, and you can plan a successful homebuying journey.
Moving into a new home can be overwhelming. Once you have gone through the long process of buying a home, when the keys are your hand, your mind could be swirling with tons of ideas for what you should do in your new space. There are a few important things that you need to complete before you get into painting those walls or buying a new sofa. Read on for tips.
Look At Your Things
In the excitement of moving, you may forget about all of the stuff that you actually moved into the home. If you hired movers, check your boxes. Make sure that nothing is broken or damaged from the move. If there is anything wrong, you can file a complaint with your moving company.
Turn The Utilities On
The utilities need to be turned over to you from the previous owner. In many cases, you’ll need to contact the local utility companies in order to get the bills switched to your name and the services started. This is important for you to have a completely functioning household. Cable and Internet is a choice provider that you’ll also need to set up ahead of time before your move.
Unpack Your Stuff
Rome wasn’t built in a day but you need certain things like clothes and coffee makers as soon as you move into a space. Find the boxes that have the most important things in them like sheets, blankets, clothing, and important appliances. Work your way out. You don’t want your new home to stay a complete disaster zone forever.
Organize Your Stuff
Moving into a new home gives you a new opportunity to get organized. Get everything in order the first time. This will keep you from needing to clean up constantly at a later date. When you start off with good organization you’ll be a lot happier in your new home.
Make sure that your new home is secure for your family. Think of everything from accidents to crime. Install an alarm system. Change the locks. Inspect the property for any hazards. All of these activities can help to make your new home a more secure place to live.
Learn About Your New Surroundings
When you move into a new neighborhood, you should take the time to get to know the area. This includes meeting your neighbors and taking a stroll around your neighborhood to see the area more closely. Discover the highlights of the area like restaurants, shops, and other activities. Enjoy the new place that you call home to the fullest!
When a house is sold, it’s generally expected that the seller will take all of their personal belongings along with them. This includes furniture, pictures, cleaning supplies, and appliances that weren’t included on the deal. This is all in the expectation that the buyer will have a clean property to move into.
If a seller does leave personal property behind, what are the rights of the buyer? Buyers may wonder if they can move in and actually take possession of the home if belongings have been left behind. There are a few reasons that buyers may leave property behind including:
- The item is actually a fixture and not considered personal property
- The item could belong to a tenant (or former tenant)
In these circumstances, each state determines different rights and procedures that must happen in order for the property to be secured without hassle by the buying party.
What If There’s So Much Stuff It Impedes On Moving In?
In the case that a seller has left so many things that a buyer cannot even comfortably move into the property, the contract may be refused. If there’s an inordinate amount of furniture, trash, and personal belongings, you certainly have a good argument to not sign the final contract for the property. Your rights as a buyer do, however, depend on what exactly was written into the purchase contract for the home you’re buying.
If an item has been deemed hidden or buried, the buyers have a different circumstance on their hands. Many times, a buyer is obligated to hang onto these items for the seller. The items were not technically abandoned by the seller to the buyer. The buyer becomes what is called a “bailor,” or a keeper of the property, who needs to be an agent in the change of possession of the items.
If the ownership of an item is unknown, the terms of the contract are held up. Standard contracts generally state that any items left behind by the seller have been forfeited to the buyer. If the contract says nothing about personal property, the buyer generally takes on the role of “bailor” again in this instance.
If The Property Owner Has Died Or The Property Has Been Abandoned
If a property has been abandoned due to foreclosure or bankruptcy, or the property owner has died, any personal property that is left behind is a bit more of a risk for both parties. These circumstances generally state that a buyer will be taking on a property “as is” and essentially anything left is the buyer’s problem.
If a property owner has died, the executors generally take on the responsibility of removing items from the property to be distributed to the rightful beneficiaries. Occasionally, this process doesn’t work out due to family quarrels. In this case, personal property of the seller goes into the category of forfeiture.
Personal property is just one reason why you need to understand your legal rights when you’re buying a home.
If you're in the process of searching for the ideal home for you and your family, there are many things to think about and evaluate.
While factors like the quality of neighborhoods and school districts may top your list, another important feature worth prioritizing is convenience. Since life is already complicated enough, it makes sense to simplify your daily routines whenever possible! The perfect time to set the stage for a simpler, easier lifestyle is when you're shopping for your next home. Here are a few thoughts to keep in mind when looking for ways to help make life easier
Short commutes: When you consider all the advantages of living close to your job or business, the benefits are undeniable! A relatively short daily commute not only helps you manage your stress level, but it also enables you to spend more time with your family... and less time dealing with rush hour traffic! A shorter commute can also save you money on gasoline, wear and tear on your car, and highway tolls.
A first-floor laundry: Unless you find ways to streamline and simplify your weekly laundry tasks, it quickly becomes a burdensome chore! Having to carry loads of laundry up and down basement stairs can definitely be tiring -- both physically and mentally. (It can be even more unpleasant if you buy a house with an unfinished basement.) The solution, of course, is to tell your real estate agent that you'd strongly prefer a home with first floor (or even second-floor) laundry hookups. Persuading your family to cooperate with organizing and sorting their own laundry items is also a good goal, but is easier said than done!
Two-car garage with remote control: After a hectic day at the office (or wherever you happen to work), there's nothing like the convenience of an automatic garage door and a spacious, private parking area waiting for you at home. In addition to the convenience, it's nice knowing your cars will be much more secure in an enclosed garage. It's also a great way to stay dry and warm when unpleasant weather is around.
Proximity to stores: The ideal location for your next home is close to grocery stores, pharmacies, and other services you and your family use on a regular basis. As is the case with job commuting distances, if you can live within a half an hour of places you need to drive to frequently, it makes day-to-day life much easier. While few neighborhoods are "a stone's throw" from everywhere you'll want to go, being close to supermarkets and other essential conveniences can save you time and provide you with a quick solution to having no milk, bread, or dinner food in the house!
So if you are getting ready to buy, or currently in the market, connect with your agent on the essentials you would like in your new home today.
Let's face it – no one wants to deal with a long, arduous homebuying process. Fortunately, we're here to help you simplify the process of acquiring your dream residence.
Now, let's take a look at three tips to ensure you can enjoy a hassle-free home shopping experience.
1. Consider What You Want from Your Dream House
What separates an ordinary house from a dream residence? The answer to this question varies depending on the homebuyer, and how you answer the question may dictate your homebuying success.
If you enter the housing market with a list of home must-haves, you'll be better equipped than other property buyers to streamline the homebuying process. Thus, you should think about your home must-haves and wants closely.
Differentiate home must-haves from wants – you'll be glad you did. For example, if you have kids, you may need to find a house that's located near top schools. On the other hand, you may want to own a home with a swimming pool. But if you find a top-notch house that offers plenty of great features but lacks a swimming pool, you might not shy away from submitting an offer on this residence.
2. Get Pre-Approved for a Mortgage
If you enter the real estate market with a mortgage in hand, you should have no trouble finding a house that won't force you to break your budget.
To get pre-approved for a mortgage, you'll want to meet with local banks and credit unions. These lenders can outline the mortgage approval process and provide you with a variety of mortgage options.
Furthermore, if you have mortgage questions, banks and credit unions are available to provide expert responses. These lenders employ friendly, knowledgeable mortgage professionals who can help you make an informed mortgage decision.
3. Work with a Real Estate Agent
When it comes to buying a house, it pays to receive comprehensive assistance. Thankfully, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you acquire your dream house in no time at all.
A real estate agent understands the challenges commonly associated with buying a home. However, this housing market professional also knows exactly what it takes to overcome myriad homebuying challenges.
For instance, a real estate agent will negotiate with a seller's agent throughout the homebuying cycle. By doing so, a real estate agent can help a buyer get the best price on a residence without the hassle of a stressful negotiation.
Let's not forget about the extensive homebuying expertise that a real estate agent possesses, either. A real estate agent understands all stages of the homebuying process and is happy to share his or her insights with a property buyer. Therefore, if you ever have homebuying questions, a real estate agent is ready to respond to them.
There is no need to deal with an anxiety-ridden homebuying process. Take advantage of the aforementioned homebuying tips, and you can keep things simple as you go from homebuyer to homeowner.