Posted by Liberty Real Estate on 3/14/2018

If you intend to purchase a house, it helps to submit a competitive offer. In fact, if you submit a competitive offer, you may be better equipped than ever before to enjoy a fast, seamless homebuying experience.

Ultimately, there are many reasons to submit a competitive offer on a home, and these include:

1. You can increase the likelihood of an instant "Yes" from a home seller.

Let's face it no home seller wants to deal with a "lowball" offer on a house. Fortunately, a competitive offer helps improve your chances of receiving an instant "Yes" from a seller, thereby increasing the likelihood of a stress-free homebuying experience.

A homebuyer who allocates the necessary time and resources to understand a house and its strengths and weaknesses should have no trouble defining a competitive offer. Then, this buyer can submit a proposal that accounts for a house's age and condition. And if a seller accepts the homebuying proposal, both the buyer and seller can work together to finalize a purchase agreement.

2. You can open the lines of communication with a home seller.

Although a competitive home offer may suit your interests, it may not match a seller's expectations. However, a buyer's decision to submit a competitive proposal may open the lines of communication with a seller.

If a buyer submits a lowball proposal on a house, he or she may receive an immediate rejection from a seller. Comparatively, a competitive home offer may force a seller to consider his or her options closely. And even though a seller may not be fully satisfied with the proposal, he or she could counter the offer and negotiate terms with a buyer.

3. You can avoid the risk of overspending to acquire a residence.

A homebuyer who analyzes the real estate market can find out what a home is worth based on a variety of housing sector conditions. Therefore, this buyer can submit a competitive offer, one that minimizes the risk that he or she will overspend to acquire a residence.

When it comes to putting together a competitive home offer, you may want to collaborate with a real estate agent as well. This housing market professional can work with you throughout your home search and ensure you can pounce at any opportunity to purchase your ideal house.

A real estate agent understands all aspects of the housing market. He or she will help you search for residences in your preferred cities and towns. Plus, once you discover your dream house, a real estate agent will make it simple to put together a competitive offer.

Furthermore, a real estate agent is happy to respond to your concerns and questions throughout the homebuying journey. This housing market professional will offer expert homebuying insights, enabling you to make the best-possible homebuying decision.

Limit the guesswork associated with submitting a competitive homebuying proposal use the aforementioned tips, and you can make an aggressive offer on any house, at any time.

Categories: Uncategorized  

Posted by Liberty Real Estate on 1/3/2018

A home inspection may prove to be exceedingly valuable, particularly for a homebuyer who is on the fence about whether to purchase a particular house. In fact, a house inspection may raise a number of questions that a buyer will need to consider to make an informed decision about whether to proceed with a home purchase.

Some of the key questions that a homebuyer needs to consider after a house inspection include:

1. What do the inspection results reveal about the overall condition of a house?

A home inspection represents a learning opportunity for a buyer. After the evaluation is finished, a buyer will receive a report that outlines a home inspector's findings. This report usually is available within 24 to 48 hours of an inspection and can make a world of difference to any buyer, at any time.

As a homebuyer, it is essential to review the results of a home inspection closely. That way, you can learn about any underlying issues with a home and map out the best course of action.

If you find that a home has a variety of problems, you may want to ask a seller to complete myriad house repairs before you finalize your home purchase. Or, if you are satisfied with a home after an inspection, you may want to continue with your house purchase.

Keep in mind that you can always walk away from a home sale after an inspection too. In this scenario, you can simply reenter the housing market and continue your search for your dream residence.

2. After reviewing the home inspection results, am I comfortable with a house?

Oftentimes, it helps to consider the prices of possible home repairs after you complete an inspection. If you analyze these potential costs and find they exceed your budget, you should plan accordingly.

Home repairs sometimes can be expensive and time-consuming. As such, if you are uncomfortable completing a broad assortment of home repairs on your own, you'll want to account for these repairs as you decide how to proceed with a house following an inspection.

3. Is a house a viable long-term investment?

The decision to purchase a home is a life-changing choice. Therefore, you should consider the results of a home inspection to ensure you can maximize the value of this potential long-term investment.

Remember, a home inspection gives you an opportunity to assess any structural issues with a house prior to finalizing a house purchase. If you have any concerns about a possible home purchase following an inspection, you should address these concerns before you complete your transaction.

When it comes to conducting a home inspection and reviewing the assessment results, it generally is a good idea to work with a real estate agent. This housing market professional can help you find an expert home inspector to analyze a residence both inside and out. Plus, a real estate agent will offer tips about what to do following an inspection and ensure you can achieve the best-possible results throughout the homebuying journey.

Categories: Uncategorized  

Posted by Liberty Real Estate on 12/27/2017

Imagine what it will be like when you discover your dream house. In all likelihood, this residence will meet all of your needs, along with your budget. However, it is important to note that the final price of your home is unlikely to be what you'll wind up paying for your new residence. There are many hidden home costs that you should consider before you finalize your home purchase, including: 1. Property Taxes Property taxes are a necessary evil. And even though every homebuyer would like to avoid them, these taxes must be paid consistently. Typically, property taxes are billed annually as a percentage of your assessed home's value. They may total thousands of dollars that you'll be responsible for paying every year, and as such, should be considered when you budget for your home purchase. Although you cannot avoid property taxes, you can plan for them. Homebuyers who budget accordingly, meanwhile, will be able to ensure that they can pay these taxes on time for the length of their mortgage. 2. Utilities You've decided to buy a home, but how do you plan to pay for electricity for your new residence? Or how do you intend to pay to heat and cool your home? Utilities are paramount, and the costs associated with utilities need to be evaluated during the homebuying process. Fortunately, working with an experienced real estate agent ensures you'll be better equipped to understand the utilities costs you may encounter when you buy a new residence. A real estate professional may be able to provide insights into how much utilities will cost based on the size of your home and your individual needs. That way, you'll be able to get a better idea about how much you'll need to save each month for electricity, heat and other utilities. 3. Home Repairs and Maintenance Even a brand new house will require repairs and maintenance over time. And even though every room in a home looks like it is in great shape now, the same may not hold true even a week, month or year from now. Putting aside money each month enables you to prepare for any minor or major home repair or maintenance projects that could arise. Furthermore, those who are in dire need of extensive home repairs may be able to apply for a home improvement loan to ensure they can get any home improvement projects done as soon as possible. Remember, planning ahead usually is a good idea, particularly for homebuyers. Budgeting for the unforeseen costs associated with buying and owning a home is important, and doing so will ensure you're prepared for any challenges that may come your way. Creating a budget and sticking to it can help you find a great home that won't force you to stretch beyond your means. Plus, those who develop a budget that includes potential hidden homebuying and homeownership costs can avoid the risk of falling into debt. Prepare for the hidden costs of buying a new residence, and you'll be able to maximize the value of your purchase.

Posted by Liberty Real Estate on 10/11/2017

No one should be forced to break the bank to secure a terrific house. However, a first-time homebuyer may be more likely than others to overspend on a residence, particularly if he or she fails to understand the ins and outs of the housing market.

Lucky for you, we're here to teach you what it takes to browse the real estate market effectively so you can find a house that matches your budget.

Now, let's take a look at three tips to help a first-time homebuyer purchase an affordable residence.

1. Examine the Housing Market Closely

Many great houses are available, and a first-time homebuyer should review a broad range of residences closely. By doing so, this homebuyer can establish a price range for his or her home search.

Evaluate the prices of residences that are currently available in your city or town. That way, you can find out what it costs to afford a home that may serve you well both now and in the future.

Also, assess the prices of recently sold residences in your area. With this housing market data in hand, you can find out whether you're about to enter a buyer's market or seller's market and plan accordingly.

2. Get Pre-Approved for a Mortgage

Pre-approval for a mortgage can help you map out a homebuying budget before you enter the real estate market. Thus, getting pre-approved for a mortgage can make a world of difference for any first-time homebuyer, at any time.

To get pre-approved for a mortgage, you'll want to meet with several banks and credit unions in your area. These lenders can teach you about different mortgage options and help you select one that corresponds with your budget.

In addition, be sure to ask plenty of questions about potential mortgage options before you make your final mortgage decision. This will allow you to understand the differences between fixed- and adjustable-rate mortgages and choose a mortgage that can help you avoid the temptation to overspend on a residence.

3. Collaborate with a Real Estate Agent

When it comes to pursuing a house for the first time, don't leave anything to chance. Instead, collaborate with a real estate agent, and you can streamline the process of purchasing an affordable residence.

A real estate agent helps take the guesswork out of looking for residences. He or she will keep you up to date about new houses as they become available and set up home showings on your behalf. Plus, this housing market professional will do whatever it takes to guarantee you can obtain an affordable house that surpasses your expectations.

Perhaps best of all, a real estate agent will help you alleviate stress throughout the homebuying journey. And if you encounter challenging negotiations with a home seller, a real estate agent will step in and help you get the best price for a residence without exception.

Ready to purchase a house for the first time? Use these tips, and you can acquire an affordable residence that you can enjoy for years to come.

Categories: Uncategorized  

Posted by Liberty Real Estate on 10/4/2017

Believe it or not, fall may prove to be an ideal time to buy a home. Many homebuyers exit the real estate market after summer, which means the number of home sellers may surpass the number of homebuyers in autumn. Thus, homebuyers who are ready to pounce may be able to browse many high-quality houses at budget-friendly prices this fall.

What does it take to explore the fall housing market effectively? Here are three tips to discover the ideal home in fall:

1. Check Out a Wide Range of Houses

Fall often serves as a buyer's market, and as such, there is no shortage of first-rate residences available. Therefore, homebuyers should check out a wide range of houses to find the right residence at the right price.

Remember, you can always set up a home showing to view a home at your convenience. You also can visit open houses, which commonly are held on weekends and provide pressure-free opportunities to take a close look at a home's interior and exterior.

If you find a home that you like, don't wait to make an offer, either. The longer that you wait to submit a proposal, the more likely that it becomes that another homebuyer may swoop in and buy your dream residence.

2. Consider Your Finances

Getting pre-approval for a mortgage is a great idea, particularly for those who plan to buy a house in fall.

Purchasing a home before the end of the year may enable you to capitalize on various tax benefits. Meanwhile, many banks and credit unions are available to help you evaluate all of your mortgage options and map out your finances accordingly.

Ultimately, you'll want to purchase a home that you know you'll be able to afford both now and in the future. If you examine your finances closely, you'll be able to browse properties without having to worry about exceeding your budget down the line.

3. Collaborate with a Real Estate Agent

A real estate agent understands what it takes to purchase a residence in fall. As a result, he or she will go the extra mile to ensure that you can buy your dream residence without delay.

Working with a real estate agent provides you with expert support throughout each stage of the homebuying journey. Your real estate agent will keep you up to date about new properties as they become available, set up home showings and negotiate with home sellers on your behalf. Plus, your real estate agent will respond to your homebuying concerns and queries, ensuring that you can make informed decisions at every step of the homebuying process.

Employing a real estate agent is a must for homebuyers, and for good reason. With this real estate professional at your side, you can navigate the autumn housing market quickly and effortlessly and streamline the process of obtaining your ideal residence.

Take advantage of the aforementioned homebuying tips, and you can make your homeownership dreams come true this fall.

Categories: Uncategorized