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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Posted by Northeast Signature Properties, LLC on 3/12/2018

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 Ė 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.




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Posted by Northeast Signature Properties, LLC on 2/19/2018

Buying a house is one of the biggest decisions you will make in your life, both financially and otherwise. Just like retirement funds, buying a home and paying off your mortgage can be a significant long term investment.

It will take time to prepare for buying a home. Youíll need to build credit, save for a downpayment, and find a degree of financial stability to ensure you can pay your mortgage each month.

This article is catered towards homebuyers who have already met those prerequisites and are ready to jump in and start hunting for houses. For those of you curious about exactly how long it will take from the time you view your first house until you close the deal on your new home, read on.

Home buying by the numbers

On average, buyers can spend 30-60 days looking at homes and anywhere between 15 and 60 days longer to close on a home. Of course, these numbers depend on a lot of things such as how eager you are to buy, how  effectively youíre able to work with agents and sellers, and on just sheer luck.

How can I speed up the process?

Preparation is the number one thing to focus on when it comes to buying a home. First, double check your finances. This means taking time to run a credit report and challenging any errors that may be lowering your credit.

Next, take time to sit down and discuss with your family (if applicable) your moving goals. Are you trying to move closer to someoneís place of business or to a particular school district? Having these discussions will make it easier to eliminate houses and to narrow your search, saving you time in the long run.

Before you start looking at homes, itís a good idea to being the process of getting preapproved for a loan. This can take weeks, so you want to get this step done early to know where you stand when it comes time to start house hunting.

Next youíll want to meet with a real estate agent who has extensive knowledge of your area. Theyíll send you listings that meet your criteria, stylistically and financially.

The offer and closing

Now that youíve found the right home, youíll have to enter the next part of the process: making an offer and closing. This step isnít entirely within your control. Some sellers will delay in accepting, others will reject, and others will give a counter offer. The best way to save time on this step is to give a reasonable offer from the start, showing the seller that you are serious and worth negotiating with.

Once your offer has been accepted, your work is still far from over. There will be a lot of paperwork to fill out, but youíll also have to schedule a home inspection to ensure there are no problems with the home that you havenít already been made aware of.

Once all of these steps are complete, you will have purchased a new home.







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