Mark Uppendahl's Blog
Buying a home should be a problem-free experience. Yet issues may arise that make it tough to acquire the perfect house at an affordable price.
Common problems that come up during the homebuying journey include:
1. Lack of Home Financing
Before you search for a home, it generally is a good idea to get pre-approved for a mortgage. That way, you can kick off a house search with a budget in hand.
To get pre-approved for a mortgage, you should meet with banks and credit unions. These financial institutions can teach you about a variety of mortgage options and help you get approved for home financing in no time at all.
Of course, if you have questions as you pursue a mortgage, don't hesitate to ask a lender for assistance. Lenders employ courteous, knowledgeable mortgage specialists who are happy to respond to your queries without delay.
2. Temptation to Submit a Lowball Offer to Purchase
Once you find your ideal residence, you may be tempted to submit an offer to purchase at or below a house seller's initial asking price. But doing so may be problematic, particularly for a homebuyer who wants to acquire his or her dream residence as quickly as possible.
If you submit a lowball offer to purchase a house, a seller likely will reject the proposal. Worst of all, a rival homebuyer may swoop in with a competitive offer to purchase this residence – something that may cause you to miss out on the opportunity to buy your ideal home.
Ultimately, it is beneficial to submit a competitive homebuying proposal. If you allocate time and resources to learn about a home's condition and how a residence stacks up against comparable houses in the same city or town, you can craft a competitive offer to purchase. And as a result, a competitive offer to purchase may receive an instant "Yes" from a home seller, leading to a fast, successful homebuying experience.
3. Failure to Identify Problems During a Home Inspection
A home inspection is paramount because it gives you the opportunity to walk through a residence with a property expert and learn about any underlying house issues. Then, if you discover major problems with a house, you can ask a seller to complete property repairs, reduce your initial offer to purchase or walk away from a residence altogether.
Hire a home inspector who possesses comprehensive expertise – you'll be glad you did. With the right house inspector at your side, you can get the help you need to identify problems during a property inspection.
Lastly, as you get ready to search for a house, you may want to hire a real estate agent as well. This housing market professional can provide extensive guidance throughout the property buying journey and ensure you can mitigate homebuying problems before they escalate.
Reach out to a real estate agent today, and you can receive plenty of support as you navigate the homebuying journey.
New windows can work wonders for a house. Depending on how old your windows are, replacements can make your home less drafty, and much quieter, but they can also spruce up a room that’s starting to look dated.
When you replace your windows you also might see a drop in your heating bill. However, the cost of replacing windows is steeper than you’re ever likely to save on heat. So, if you’re thinking of replacing your windows just to save cash, in the long run there might be better ways of doing so.
In this article, we’re going to talk about choosing replacement windows for your home. We’ll walk you through the different types of windows so you can find the type that fits your needs. Read on for our replacement windows buyer’s guide.
Choosing the right window style
There are endless types of windows that you could find in a given home. However, four main styles are what we normally think of when talking about replacement windows.
Single vs double-hung windows
First, there are single and double-hung windows. In double-hung windows, both the top and bottom sash are operable, or able to be opened. Being able to utilize both sashes is beneficial for airflow. Opening the top sash will allow the warm air escape, opening the bottom sash will allow cool air to enter.
In single-hung windows, only the lower sash is able to be opened and closed. But otherwise, they are very similar to double-hung windows.
Both of these types of windows come in variants that allow you to pivot the sashes inward to clean the exterior glass. However, if you buy single-hung windows you’ll only be able to wash the lower sash. Keep that in mind if you’re buying windows for a second floor or attic window.
Sliding windows are those which move horizontally on their tracks. They produce good ventilation and are easy to use. However, just like single-hung and double hung windows, they do slightly obstruct your view at the midpoint when closed. The rectangular shape of sliding windows, however, means you won’t likely be able to install an air conditioner.
Casement style windows
The last main type of window we’ll talk about are casement style windows. This type of window operates on a hinge like a door would. When they’re fully opened, they produce good ventilation. When they’re fully closed, they don’t obstruct the view at all.
However, just like with sliding windows, you won’t be able to install an AC unit. Furthermore, this type of window is more prone to malfunction due to the crank and hinge system, and cranking it open and closed all the time could be a minor annoyance for some homeowners.
Window frames come in four main materials--vinyl, wood, clad-wood, and aluminum.
Vinyl is the most common. They look clean and modern, and they also resist heat and condensation making them easy to maintain.
Wood frames are regaining popularity. Since they often come unfinished, you can easily customize them to your home.
Clad-wood frames are wood on the interior and aluminum on the exterior, making them rugged and resistant to weathering and rot.
Aluminum windows are economical, lightweight, and easy to maintain.
Now that you know a bit more about windows, you’ll be better equipped to decide what type of replacements to purchase for your home.
As a home seller, it is important to do everything possible to generate interest in your residence. Otherwise, it may be tough for you to maximize your house sale earnings.
Ultimately, there are many things you can do to stir up interest in your house, such as:
1. Improve Your Home's Curb Appeal
Buyers may be more likely to schedule a showing to view a home that boasts amazing curb appeal versus other available houses. Fortunately, if you devote time and energy to revamp your house's exterior, you can ensure your home makes a positive first impression on buyers.
To upgrade your home's curb appeal, you should repair any cracked or chipped property siding. You also may want to remove debris from any home exterior walkways and ensure your front lawn is neat and tidy. That way, you can make it easy for buyers to fall in love with your residence as soon as they see it.
2. Remove Clutter
Clutter may make a house appear cramped. Luckily, if you remove clutter from your house, you can show off your residence's full potential to buyers.
If you have assorted personal belongings scattered across your home, you may want to put these items into a storage unit for the time being. This will help you keep your personal belongings safe until your residence sells. At the same time, removing these items from your house could help buyers envision what life may be like if they purchase your home.
3. Perform a Home Inspection
A home inspection is crucial for a seller, as it enables this individual to learn about any underlying property issues. Then, following an inspection, a seller can prioritize home repairs accordingly.
It generally won't take long for a home inspector to review your residence and provide you with his or her findings. Once you have a home inspection report at your disposal, you can determine exactly what you can do to improve your house and help it stand out to potential buyers.
For those who are searching for innovative ways to showcase a home to buyers, you may want to hire a real estate agent, too. This housing market professional can eliminate the guesswork commonly associated with selling a home.
Typically, a real estate agent works with a seller to ensure this individual's house selling dreams can come true. If a seller wants to get the best price for a home, for example, a real estate agent will craft a plan to help this individual achieve his or her desired results. Or, if a seller is unsure about how to promote a residence to buyers, a real estate agent will help this individual host home showings and open house events.
When it comes to selling a house, it usually is a good idea to prepare for the property selling journey. Thanks to the aforementioned tips, you can accentuate your home's features to prospective buyers. And as a result, you could speed up the house selling journey.
The homebuying process can be stressful, particularly for those who are purchasing a house for the first time. From the time it takes to find your "dream" home to the final closing, there may be many hurdles that you'll need to overcome to secure your ideal home. As such, it sometimes can be difficult for a first-time homebuyer to maintain a positive outlook during the most challenging times.
Lucky for you, we're here to help you remain calm, cool and collected throughout the entire homebuying cycle.
Now, let's take a look at three tips to help first-time homebuyers maintain a positive outlook at each stage of the homebuying journey:
1. Establish Realistic Expectations
Although first-time homebuyers would like to believe the property buying journey will be quick and seamless, it is important to realize that problems can arise without notice. However, homebuyers who understand the ins and outs of purchasing a house should have no trouble identifying potential issues and minimizing their impact.
For example, a homebuyer who defines his or her ideal residence can narrow a home search accordingly. This homebuyer also will be able to check out a variety of houses based on assorted property buying criteria and boost his or her chances of discovering the perfect residence without delay.
A homebuyer who establishes realistic expectations will be ready for the worst-case scenarios too. And if this homebuyer submits an offer to purchase a home that ultimately gets rejected, he or she will remain confident and be ready to restart the homebuying cycle from stage one.
2. Become an Informed Homebuyer
A first-time homebuyer who learns about the housing market can improve his or her chances of getting the best possible results.
Allocating the necessary time and resources to understand the differences between a buyer's market and a seller's market, for instance, can make a world of difference for any homebuyer, at any time.
Furthermore, an informed homebuyer may be more likely than others to get pre-approved for a mortgage. With a mortgage in hand, this property buyer can set a budget for his or her home search and increase the likelihood of securing a terrific house at an affordable price.
3. Work with a Real Estate Agent
When it comes to purchasing a home for the first time, why should a homebuyer leave anything to chance? Instead, a homebuyer can work with a real estate agent to reduce the risk of potential pitfalls throughout the homebuying cycle.
A real estate agent is happy to respond to a homebuyer's concerns and questions as the property buying journey progresses. This housing market professional will even help a homebuyer maintain a positive outlook, regardless of what happens. That way, a real estate agent can assist a homebuyer through both good times and bad and ensure a property buyer can purchase a first-rate house that matches or exceeds his or her expectations.
Take advantage of these tips, and any first-time homebuyer can keep things positive at each stage of the homebuying cycle.
There is no need to struggle as you pursue your dream home. In fact, there are many things you can do to ensure the homebuying journey is quick and easy.
Now, let's take a look at three tips to help you enjoy a seamless property buying experience.
1. Know Where You Want to Reside
It often helps to narrow a home search to a small group of cities and towns. That way, you can focus exclusively on residences in a set area and speed up your house search.
As you consider where you want to live, it generally is a good idea to review your short- and long-term plans. For example, if you intend to return to school soon, you may want to search for houses near some of the nation's top colleges and universities. On the other hand, if you want to start a family, you may want to focus on homes close to parks and other family-friendly attractions.
2. Establish a Homebuying Budget
Most homebuyers will need to get a mortgage so they can acquire their dream residence. Fortunately, banks and credit unions are happy to teach you about home financing and help you make an informed mortgage selection.
Typically, banks and credit unions employ courteous, knowledgeable mortgage specialists who can educate you about all aspects of home financing. These specialists are ready to respond to your home financing concerns and questions and help you find a mortgage that suits you perfectly.
There is no such thing as a "bad" question to ask mortgage specialists, either. If you work with mortgage specialists to assess all of your home financing options, you can select a mortgage that will serve you well for the foreseeable future.
3. Hire a Real Estate Agent
When it comes to searching for a home, you don't have to work alone. Thankfully, real estate agents are available throughout the country, and these housing market professionals can make it simple for you to acquire a great home at a budget-friendly price.
A real estate agent goes above and beyond the call of duty to make the property buying journey fast and easy. First, he or she will learn about you and your homebuying goals. This housing market professional next will craft a personalized homebuying strategy for you and put this plan into action. Then, after you discover your ideal residence, a real estate agent will do everything possible to help you acquire this home.
In addition, a real estate agent will work with you to finalize a home purchase. As a home closing date approaches, a real estate agent will help you plan accordingly. By doing so, he or she can help you purchase your dream residence without delay.
For those who want to enjoy a quick, easy homebuying journey, it helps to plan ahead. With the aforementioned tips, you can prepare for the homebuying journey and limit the risk of encountering various problems as you search for your ideal house.