TOP REAL ESTATE ARTICLES FOR MARCH 2019
Fortunately, I have scoured the Internet and have discovered several posts that will give you a better understanding of the specific topics referenced below.
The articles represent the “best of the best” real estate content found online this month. Check out each of them to glean new information and become better educated on a variety of real estate topics.
Also included are links to other compilation “best of” articles so make sure to peruse those too!
AVOID HOME INSPECTION PROBLEMS THAT KILL HOUSE SALES
Whether you are buying or selling a home, a house inspection is a significant hurdle to clear. There is a lot of anxiety that takes place at the time of the home inspection for a number of players including the buyer, seller and the respective real estate agents.
It can be a stressful event for sure. The biggest challenge for all involved is when home inspection deal breakers rear their ugly head. These are the kind of problems that kill home sales. Are you not sure what I am referring to? Well, take a look at the article featured on the ASHI website.
ASHI is a very well respected home inspection organization. ASHI is short for the American Society of Home Inspections. Inspectors certified via ASHI has gone through additional hours of training.
SHOULD I PURCHASE THE MODEL HOME
In many developments builders contruct a model home. The model is uses to show off the builders product and all the best features. It allows a builder to really ramp up sales as buyers can touch and feel all of the building options.
Sometimes buyers have to decide whether they would like to custom build a home or potentially purchase the model home. Before doing so buyers should understand the pros and cons of buying a model home. In the article at Before Its News, you will see an in-depth review of whether or not it makes sense to move forward with the purchase of a model.
SHOULD YOU MANAGE YOUR INVESTMENT PROPERTY
If you are fortunate to own an investment property, you have certainly considered the pros and cons of managing that home yourself. Is it worth your while? What are the benefits? Does it make more sense to let someone else handle it for you?
This excellent article by Paul Sian discusses several advantages and disadvantages of managing your investment property. As mentioned in the article, managing your property can work if you have the time to commit to it fully, but it may make more sense to hire a professional property manager to keep up with all the details.
Whatever you decide, it is essential to understand the resource commitment that is needed to make property management a success. When in doubt, contact a local real estate agent for assistance.
HOW TO SAVE MONEY WHILE MOVING
We all like to save money, right? This is especially true when going through a relocation as there are bound to be unexpected expenses that pop up during the process. This saving money during a move article by Bill Gassett is chock full of great advice to help consumers keep those hard-earned dollars in their pockets.
Packed with nine useful moving tips, following Bill’s advice is bound to help you experience a less expensive relocation, wherever you end up moving to.
Ultimately, this means you will reduce your moving stress and have more funds for other home-related activities (like new window treatments, landscaping, or painting).
KEY HOME LOAN ADVICE FOR YOUNG COUPLES
Buying a home brings out a variety of emotions in real estate consumers. If you have ever been through the process you know it can be exhilarating, frustrating, rewarding, and annoying…sometimes within the same day! Fret not.
If you are looking to buy your first home, you have plenty of options to find the right mortgage for your specific needs.
When it comes to financing and purchasing your first property, obtaining smart home loan advice is often the difference between buying a house and continuing to look for a property.
This article is geared toward young couples, but the tips apply to anyone purchasing a home, whatever your status or stage of life is. As always, ensure you do your due diligence and research every possible angle to find the option that works best for your situation.
BUYING YOUR FIRST HOME
Buying a house for the first time can be extremely exciting. On the flip side, it’s also very easy to make mistakes as a first-time home buyer. Fortunately, there are a lot of exceptional articles online to help first-timers purchase a house. In his latest article, Jamohl DeWald has done a terrific job providing excellent first time home buyer tips.
Take a look at the advice and you’ll be making smart home buying decisions.
WHY HOME INSPECTIONS ARE A MUST FOR BUYERS
When buying a home there are not many things that are more important that the buyer’s home inspection. The inspection is a good practice not only to find out if you are buying a lemon or not but to learn about the inner workings of the property.
A home inspection can be a very educational process when you have an exceptional home inspector. Buyer’s who think about skipping an inspection could be putting themselves at serious risk. Take a look at Xavier DeBuck’s article where he explains why you should have a home inspection. There are six solid reasons not to skip the inspection!
TIPS FOR SELLING YOUR HOME IN 3 EASY STEPS
If you have ever sold a home you know it is typically anything but easy. However, that may be more a product of your approach than an issue with the home selling process. In his latest offering, Andrew Fortune has provided an easy to follow blueprint with the necessary steps to sell your home, regardless of the real estate market or time of year.
Follow the three steps as outlined and you should be well on your way to getting your property contracted and sold. At its core, it really is this easy if you take the time to get your property ready to sell, list it with the right agent, and ensure the contract process goes smoothly.
As Andrew says, “Once you receive your closing funds, you’ll feel a great sense of relief.”.
MISTAKES TO AVOID WHEN BUYING A HOME
The last thing you want to do when going through the home buying process is to make a mistake. Especially one that costs you money leaves you with buyers remorse, or even worse affects your ability to purchase the home of your dreams.
If you know the pitfalls, you can avoid them altogether, and ensure you put yourself in the best possible position to buy a home.
Thankfully, Sharon Paxson has identified several mistakes home buyers make when buying a house that are relatively easy to avoid when you understand the impact and consequences involved.
Follow Sharon’s sage advice, and you will have a successful transaction and a much more smooth and satisfying home buying experience.
INCREASING YOUR TENANT’S MONTHLY RENT
Landlords want to get the maximum amount of funds for their rental properties. That should surprise no one. However, it is essential to go through your mental checklist, taking into account each possible scenario, before taking definitive action.
Michelle Gibson covers the critical points concerning increasing a tenants monthly rent in her recent article to include the risk and reward of doing so. Knowing upfront if you can financially handle the possibility of lost revenue will help you decide if raising the rent is a smart move.
Only you can answer that question, but Michelle’s article provides food for thought as you determine the best course of action.
SHOULD YOU COSIGN ON YOUR CHILD’S MORTGAGE
It sounds like a no-brainer. I do not know any parents who do not want their kids to succeed in life, including owning their own home. However, there are several key things you need to understand about co-signing on a mortgage to include your responsibility, changes to your credit, and even what occurs if the mortgage is defaulted on.
As usual, Kevin Vitali does a beautiful job of navigating through the details surrounding cosigning on your child’s mortgage. While the only actual benefit to you is assisting your child to become a homeowner, knowing what liabilities you could be burdened with should at least give you pause to determine if this is the right approach to take.
Only you know that answer so weigh all your options before committing.
HOME BUYERS TIMELINE
In this article, Danny Margagliano provides a straight forward and realistic review of the critical tasks and home buyer timelines new buyers need to go through.
When should you start your home buying research? What can you do to improve your financial stability? What is the right time to get pre-approved for a mortgage?
You will find answers to these questions as well as several other essential buying tips such as when to make an offer and when to schedule your home inspection.
From the beginning of the home buying process (searching online) to the ceremonious ending (closing on a home), Danny provides sage advice for first-time, step-up/down, and even sunset home buyers. Follow his lead, and you will purchase your property in no time.
SELLING MY HOUSE AND GETTING DIVORCED
Without a doubt getting a divorce and selling a home are two of life’s most stressful events. Nobody plans for these two life changing events to happen simultaneously. It is a real drag. In the article at Realty Biz News, you will see some tips for dealing with a divorce and home sale.
Use the advice to make smart decisions. Do what is best for yourself and your family. Try to avoid the mistakes others have in the past by letting emotions cloud your judgement.
RECENT “BEST OF” REAL ESTATE ARTICLES
For more great real estate information, check out these previous real estate roundups for tips to help buyers, investors, sellers, and even other real estate professionals. Happy reading!
About the author: Anita Clark is a residential real estate agent from Houston County GA who has been helping buyers and sellers with their real estate needs for well over a decade. You can read her excellent real estate content on her Kathleen GA real estate blog!