Posted by Northeast Signature Properties, LLC on 7/2/2018

Purchasing a residence can be quick and simple, particularly for those who know the ins and outs of the housing market.

At first, navigating the real estate market may seem impossible. Fortunately, homebuyers who consider the right questions before they browse residences can streamline the process of acquiring a house.

There are many key questions for homebuyers to consider prior to entering the housing market, including:

1. Where Do I Want to Live?

When it comes to the real estate market, it is all about location. Thus, you'll want to consider where you want to live and plan accordingly.

For example, if you enjoy the city life, you may want to purchase a house in a major metropolitan area. Or, if you prefer quiet country living, you might pursue houses in small towns.

Consider your current and future living situations as well. If you want to work in a particular city or town, you may want to purchase a nearby home. Or, if you plan to have children in the future, you may want to consider properties near schools.

2. How Much Can I Afford?

Unfortunately, bad credit may hinder your chances of securing your ideal residence. But if you know your credit score, you can work to improve it prior to searching for a house.

You are entitled to a free copy of your credit report annually from each of the three reporting agencies (Experian, TransUnion and Equifax). Request a free copy of your credit report, and you can learn your credit score and find out how it may affect your ability to buy a home.

Also, getting pre-approved for a mortgage may make it easy for you to secure a house that matches your budget. With a mortgage in hand, you'll be able to browse homes within a set price range and find one that you can enjoy for years to come.

3. How Do I Get Started?

Let's face it Ė the real estate market can be complex, but there are many ways to simplify the process of obtaining the perfect residence.

First, create a list of must-haves for your residence. This list will help you narrow your search and determine exactly what you'd like to find in a dream home.

Don't forget to work with an experienced real estate agent, either. This real estate professional can offer support in many areas and ensure that you can explore a wide range of houses at your convenience.

Your real estate agent will help you set up home showings, submit offers on houses and handle negotiations with home sellers. Plus, if you ever have homebuying concerns or questions, your real estate agent will be ready to respond to your queries immediately.

Employing a real estate agent enables you to get your home search started on the right foot. With a real estate agent at your disposal, you can learn about all aspects of the homebuying process. And as a result, you can streamline the homebuying process and find your dream home quickly and effortlessly.




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Posted by Northeast Signature Properties, LLC on 6/4/2018

Understanding how much your home is worth is important for a number of reasons. For one, when you go to sell your home, youíll have an idea of how much equity that youíre working with. You may need to either refinance your home, take out a loan, or line of credit. Knowing the current market value of your home can give you a good idea of your finances and what to expect. Many people believe that their home is worth more than it actually is. In reality, your home is only worth what people will actually pay for the property in a certain time frame. 


Some websites offer basic ideas of how much your home is worth. You can also use the Internet to search for comparable properties and see what has been sold, how much it has been sold for, and how much other homes that are similar to yours in the neighborhood are worth. Youíll need to be sure that the comparing properties include the same types of features as your own home in order to get a good estimate. 


Consult A Realtor


Experienced realtors in your area are great resources for helping you to determine your propertyís value. Many agencies offer free market value analyses, which can help you to see where your home would fall in the current real estate market. Realtors donít get paid unless your home sells. They can use their many resources to work with you on the sale of your home and help you to price it appropriately.


Hire An Appraiser


If you want to dig a bit deeper in the pricing of your home, youíll need to shell out a bit of cash. You could hire a certified appraiser who will dig deep into your property to determine the value. Once you find a buyer, another appraisal will happen on the property. The buyer pays for this. If you really want a good idea of how much your home is worth, hiring an appraiser beforehand is key. Keep in mind that appraisers may come up with slightly different estimates for the same home.      


Know The Key Things That Affect Home Value


There are a few big factors that influence just how much your property is worth. While you may love your big kitchen, it goes a lot further than that. Factors that contribute to how much your property is worth include:


  • The amount of land that you have
  • The neighborhood your home is in
  • The schools your home is near
  • How many square feet your property is
  • The condition of your home
  • Any updates that have been made to the home
  • The types of appliances you have
  • Has the home ever been foreclosed on? 
  • Is your home energy efficient?


Based on all of this information, youíll be able to get a good idea of what your home is worth. Beware of things that can cause a major financial setback on your homeís value like an urgent need for roof replacement, dated windows, or an unknown crack in the foundation. Getting an idea of what your home is worth is a great way to keep on top of your own assets whether youíre prepared to sell or just curious about numbers.




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Posted by Northeast Signature Properties, LLC on 5/7/2018

The real estate market is filled with many high-quality residences, and after a comprehensive search, you've found a residence that fits your personal needs and budget perfectly. However, you may need to think twice before you submit an offer on this residence. There are many factors that homebuyers should consider before they make an offer on a house, including: 1. Neighborhood Ideally, you'll want to find a home in a community filled with friendly neighbors. But in many cases, homebuyers may focus exclusively on a residence and ignore the neighborhood entirely. Taking a walk around a neighborhood often allows you to get a better feel about what it is like to live in a neighborhood and may give you a chance to meet some of the neighbors as well. Also, a simple walk around the block will provide you with a better idea about whether a house's value may rise or fall in the foreseeable future. For instance, a neighborhood filled with houses with well-maintained front lawns, nearby parks and schools and other local amenities may prosper for years to come, and home values may rise in this neighborhood over the next few years. 2. Crime No one wants to live in an unsafe area, and you can learn about crime near a prospective home before you submit an offer on a residence. Contacting a local police station usually is a great idea for homebuyers who want to find out about crime statistics in a particular area. Furthermore, your real estate agent can provide insights into crime in a specific area and help you determine whether a particular house is the best option. 3. Traffic Although your dream home features all of the amenities you want, it might fail to provide you with quick, easy access to your office day after day. For example, traffic can be a problem if your house is located in or near a major city. And if you need to travel to work every day, it is important to understand how traffic could affect your daily commute. To better understand traffic patterns in a particular area, try driving to a residence at different times during the day. By doing so, you can learn about traffic patterns near a house and be better equipped to make a more informed decision about whether to submit an offer on a residence. 4. Taxes You've been pre-approved for a mortgage and have established a monthly budget for a new home, but taxes may vary depending on where you move. Thus, you'll want to learn as much as possible about potential taxes that you could face at a new residence before you submit an offer. Taxes may add up quickly, but homebuyers who budget accordingly can minimize the risk that they'll fall behind on tax bills. And with support from your real estate agent, you can learn about taxes that you may encounter if you purchase a particular residence. If you're fully satisfied with a residence after you consider the aforementioned factors, you'll be ready to submit an offer and move one step closer to moving into your dream house.





Posted by Northeast Signature Properties, LLC on 4/23/2018

Open houses can be a great way to get to know a home and the neighborhood it sits in. Sure, the seller will be trying to put their best foot forward on the big day. But, youíll still be able to get a chance to tour the home relatively uninterrupted.

But what should you look for in particular when attending an open house?

There are a number of things you can learn at an open house. Many prospective buyers spend the time looking at things like paint color and cosmetic touches that can easily be changed, and very little time considering important factors that should go into their home buying decision.

So, in todayís post, Iím going to cover some of the lesser known things you should be looking out for when you attend an open house. That way, youíll know which houses are worth considering further and which ones should be left behind.

Not enough storage space

If you find yourself constantly running out of storage space (and who doesnít?), youíll want to make sure the home has ample space to store your belongings. If it doesnít, see if you can find ways to repurpose areas for storage, such as spare bedrooms or garage space.

Overly scented areas

Itís perfectly normal for a sellerís agent to place one or two choice candles in the home during an open house.

However, if you notice some rooms have an overpowering smell of candles or air fresheners, thereís a good chance itís there to mask offensive and hard to remove smells. Pet and cigarette odors are among the worst culprits.

The windows, doors, and cabinets should work like a dream

When attending an open house, take note of how well the doors open and close. If appropriate, ask the sellerís agent if you can try out the windows and cabinets as well.

Problems with these items can be signs of poor craftsmanship, cheap materials, or neglect.

Traffic and neighbors

If youíve found what you think is the perfect home, it can be easy to see the world through rose-colored lenses.

However, itís important to take them off when looking around the yard. Take note of the traffic level, and the amount of privacy the home receives. If you like the home, itís also a good idea to stop by the neighborhood during rush house to gauge how traffic would affect your commute.

Air flow issues

Improper ventilation can lead to mold growth, especially in bathrooms and kitchens. Make sure bathroom vents and fans work properly, and check windows for condensation.

In rooms with sinks, check around the base of the sink and counter for signs of water damage or mold.

Large cracks in foundations or ceilings

While small, hairline cracks in the foundation of a home are completely normal, large ones can be dangerous.

They can allow water and pests to enter the home, causing all types of costly damages.


Keep those six tips in mind when you attend the open house, and be sure to bring a list of any other questions you might have for the sellerís agent.





Posted by Northeast Signature Properties, LLC on 3/26/2018

From clogged toilets to a lack of ample shower time, thereís always an issue of too many people and too little bathrooms in a home. Most people will agree that one bathroom isnít enough in a home. Yet, while youíre on the hunt for a home, should you decide to just settle for a single bathroom or keep hunting for a house with more bathrooms? There is always the additional option of putting in another bathroom as well, although this can be costly.  


 In todayís fast-paced world, we have new bathroom needs that make us look at properties differently. Different cultures are also accustomed to varying standards of bathrooms and home building, and find it a normalcy to have only one bathroom. Also, once upon a time, it was feasible for everyone to have people take their turn in the bathroom-even in America. As the family unit shifted and everyone in the house became accustomed to living on the same exact schedules, it became more necessary to have an extra bathroom. 


Age Of A Home   


While you can survive with one bathroom, the biggest message one bathroom in a home sends is that itís an older property. That may be the underlying factor that steers people away from one bathroom homes. Many realtors even warn of the difficulties in selling a one bathroom home. Ultimately, the decision is up to you. Thereís some things that you should consider when youíre searching for a home and are concerned about the number of bathrooms.


How Many Bathrooms Will You Actually Use?


If youíre a bachelor, living on your own, you may not need more than one full bathroom in a home. For comfort reasons, you could consider places with an additional half-bath, but it may not be necessary. If youíre planning on co-living with your in-laws or friends, youíll definitely need to consider your need for multiple private baths high.


Home Value


If you can afford the upfront cost, it could be well worth it to put a second bathroom into a one bathroom home. It will add a lot of value to the home once it is sold again and your family will have more privacy and space. Not to mention that your home will be more attractive to buyers once the time to sell does come. 


A Luxury


Homes with extra bathrooms are truly seen as a luxury. Have you ever seen celebrity homes advertised that have more bathrooms than there are bedrooms? Thereís probably little reason for that other than the luxury factor. Ultimately, your home search will be a bit harder when you seek out multiple bathrooms. However, if this will increase you and your familyís comfort, the time spent searching is definitely worth it! When youíre on the house hunt, the number and type of bathrooms are just one of many things that youíll need to consider.




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