Waypoint Realty Group LLC



Posted by Waypoint Realty Group LLC on 11/15/2018

Generally, the length of the homebuying journey depends on the individual. In some instances, a buyer will purchase the first house that he or she views in-person. Or, in other cases, it may take a buyer several weeks or months to find a house that matches his or her expectations.

There is no need to rush the homebuying journey. But if you know what to expect when you pursue your dream house, you may be able to seamlessly navigate the property buying cycle.

Now, let's take a look at three tips to help you streamline the homebuying journey.

1. Establish Homebuying Criteria

If you know where you want to live and what you want to find in your ideal residence, you can tailor your house search accordingly. And as a result, you may be better equipped than other property buyers to discover a great house at an affordable price.

As you put together homebuying criteria, it is important to consider your long-term plans as well. For instance, if you enjoy city life and want to spend as much time as possible in the city, a house in the city may be the right choice for you. On the other hand, if you want to raise your family in a small town, you may want to hone your search to houses in small towns.

2. Get Pre-Approved for a Mortgage

A home purchase likely will require you to obtain a mortgage. Fortunately, banks and credit unions are available nationwide, and these financial institutions can help you get pre-approved for a mortgage.

Meet with several banks and credit unions so you can learn about all of the mortgage options at your disposal. Then, you can select a mortgage and enter the real estate market with a budget in hand.

3. Hire a Real Estate Agent

If you're on the lookout for your dream home, you may want to hire a real estate agent. This housing market professional can keep you up to date about new residences that become available in your preferred cities and towns Ė and much more.

Typically, a real estate agent will do whatever it takes to help you find and buy your dream home. He or she initially will learn about your homebuying goals and develop a custom homebuying strategy for you. Next, a real estate agent will set up home showings and keep you informed about open house events. And if you discover your ideal residence, a real estate agent will help you craft an aggressive offer to purchase this house.

Let's not forget about a real estate agent's homebuying expertise, either. If you ever have concerns or questions during the homebuying journey, a real estate agent can respond to them. That way, you can gain the insights you need to make an informed home purchase.

Simplify the homebuying journey Ė use the aforementioned tips, and you should have no trouble finding and acquiring your dream house.




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Posted by Waypoint Realty Group LLC on 11/8/2018

As a home seller, it is important to do everything possible to generate interest in your residence. That way, it won't take long to start receiving offers to purchase after you list your home.

There are many signs that homebuyers may soon submit offers to purchase your residence, and these signs include:

1. Buyers are setting up home showings.

Even a single home showing is a positive sign for a home seller. And if you find that buyers are submitting regular requests to view your residence, it may be only a matter of time before you receive many offers to purchase your house.

Typically, it helps to be flexible when you sell your house. If you make it simple for buyers to view your house at their convenience, you may increase the likelihood that the right buyer will check out your home and submit an offer to buy it.

2. The same buyers have viewed your house multiple times.

An interested homebuyer may request to view your house more than once. In this instance, you may receive an offer to purchase from this buyer sooner rather than later.

As always, it pays to accommodate as many home showing requests as possible. If you make it easy for a buyer to view your residence multiple times, you can help him or her make an informed decision about whether to submit an offer to purchase your home.

3. Buyers have lots of questions about your house.

A home showing gives property buyers an opportunity to check out your house in-person. It also may lead these buyers to reach out to you for additional information about your home.

Remember, you should be ready to provide homebuyers with as much information as you can about your residence. If you offer homebuyers the information they request, you can help them determine whether your house is the right choice based on their individual needs.

For home sellers who want to go above and beyond the call of duty to stir up interest in a house, it may be beneficial to hire a real estate agent. In fact, a real estate agent will help a seller navigate the property selling journey and achieve the optimal results.

First, a real estate agent will meet with a house seller and set the stage for a successful property selling experience. He or she will offer insights into the local housing market and help a seller establish a competitive price for a residence. Then, a real estate agent will schedule house showings and open house events. And if a seller receives an offer to purchase, a real estate agent can recommend whether this individual should accept, decline or counter the proposal.

Want to streamline the house selling journey? Work with a real estate agent Ė you'll be happy you did. If you employ a real estate agent, you can get the help you need to showcase your residence to potential buyers and maximize your house sale earnings.





Posted by Waypoint Realty Group LLC on 11/1/2018

Maybe you have always dreamed of a big yard with lots of space. With a big yard comes significant responsibilities. Are you prepared to care for a large yard? Do you know the disadvantages of having a big outdoor space for your home? Take a look at the advantages and disadvantages to having a big yard below. If youíre shopping for a home or getting ready to sell and find a new place, this information will be beneficial to you. 


Positives


A Place To Play


One of the biggest reasons for wanting a big yard is kids. Itís nice to have a large area for kids to play in. Itís a safe space for your kids to be if you want to send them out to play. 


Another great reason to have a large yard is for pets- dogs in particular. They love to run around and will be much happier if they have a bigger domain to roam.


More Space Between You And Your Neighbors


If you have a large yard, you probably also arenít right on top of your neighbor. Thereís less of an invasion of privacy when your neighbors canít see into your windows from their kitchen. A large yard gives you that sense of privacy. You can freely have gatherings in your backyard, so the whole neighborhood doesn't have a view of what youíre doing.


It Looks Nice


A big yard just has a bit more appeal than a smaller property. Your home will have definite curb appeal. The key is to keep your yard looking healthy and lush throughout the year.


The Negatives


The Upkeep Can Be Tough


Many homeowners who have a large property pay landscapers to pay for the property. It can be challenging to keep up with all the needs a large yard brings. From mowing to fertilizing and mulching, it can take a professional to keep the yard looking nice. Landscaping is an added expense to owning your property. If the previous owner had an intricate landscape, you might need to cut back on the complexity. Do you need that fish pond? Should you hire a person to care for the pool? 


Pro And A Con


At the core, a large yard can be a pro or a con when it comes to selling your home. Some buyers want a large yard for various reasons. Other buyers are deterred by large yard since they donít want the responsibility of caring for these high maintenance properties. Itís understandable that different people will have different tastes.       





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Posted by Waypoint Realty Group LLC on 10/25/2018

Getting a cat, dog or other pets ready for an upcoming move sometimes can be tricky. Fortunately, we're here to help you and your pet enjoy a quick, seamless transition to a new address.

Now, let's take a look at three moving tips that every pet owner needs to know.

1. Prepare Your Pet's Records

If you're moving far away from your current address, you likely will need to find a new veterinarian in the near future. As such, it pays to prepare your pet's records today to avoid potential problems down the line.

Ask your current veterinarian for a copy of your pet's records. By doing so, you'll have these records readily available for your new veterinarian once you reach your new address.

2. Help Your Pet Manage Stress

Moving is stressful, even for a pet. However, there are many simple ways to help your pet alleviate stress throughout the moving process.

For example, keeping your pet away from movers may prove to be exceedingly valuable. If a pet sees familiar furniture and other items leaving your home, he or she may start to feel worried. On the other hand, spending extra time with your pet while movers pick up your belongings may help you pet minimize stress on moving day.

3. Protect Your Pet While Traveling

Keep your pet in a crate while you're driving to your new home Ė you'll be glad you did. It is unsafe for your pet to roam free in your car, especially if you're going to be on the road for several hours. Conversely, if you keep your pet in a crate, you'll help him or her remain safe for the duration of your journey.

If you are traveling by airplane, ensure your pet has met all necessary airline requirements. In addition, pick up a pet crate and consult with a veterinarian before your flight.

For those who need extra assistance with navigating the moving process, it often helps to work with a real estate agent. In fact, this housing market professional can help you and your pet overcome myriad moving day pitfalls.

A real estate agent can offer expert insights into what it takes to move with a pet. He or she also can provide comprehensive support as you prepare for a move and respond to any moving day concerns or questions that you may have.

Of course, a real estate agent can help you buy or sell a house as well. For homebuyers, a real estate agent can provide details about homes located near dog parks and other pet-friendly venues. Meanwhile, for home sellers, a real estate agent will make it easy to generate plenty of interest in your house so that you can get the best price for it.

Are you and your pet ready to move? Use the aforementioned moving tips, and you and your pet should have no trouble completing a successful relocation.




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Posted by Waypoint Realty Group LLC on 10/18/2018

Have you heard a lot about HUD homes, but arenít sure if you should buy one or what the process entails?  HUD stands for The Department Of Housing And Urban Development. The FHA (Federal Housing Administration) is a part of HUD. The FHA is where federal mortgage insurance comes from. If a home is foreclosed on and insured by the FHA, the lender has a right to file a claim for the balance due on the mortgage. The FHA will pay this claim, and then transfer the ownership of the property to the HUD who will sell the home.


Will A HUD Home Provide A Price Break? 


The answer to this question is not necessarily. A HUD home is appraised just like any other home for sale. The price is based on the fair market value of the home. The prices may be adjusted according to any repairs that need to be made to the home. Itís a good idea to have your realtor look into comparable prices for HUD homes, as these properties arenít guaranteed to be a deal.


Know that HUD homes are sold as-is. There isnít much negotiating like that of a typical home purchase. As the new owner, youíll be responsible for all of the repairs. Itís a good idea to invest in a home inspection before you buy a HUD home for this reason. Youíll have a better understanding of what youíre getting into with this type of home purchase. 


How Do You Begin The Search For A HUD Home?


Housing and Urban Development homes are listed by state on the departmentís website. This is a good place to start your search. The site also lists brokers who are approved by the HUD. You can then contact local brokers to show you the HUD properties that youíre interested in.


The Process Of Making An Offer


Buying a HUD property can be very different than buying any other type of home in that the offer process is a bit different. These properties are sold through bids. You must hire a licensed real estate agent to assist you in this process, you canít just put a bid in on your own. Youíll need to be sure that your offer is placed during the designated offer period. Either the highest bid is accepted or the bid that came in first in order will be taken. Generally, the HUD wants to take the offer that will get them the most profit.


Careful With Financing


The HUD does not finance homes. Youíll need to apply for a mortgage just as you would in buying any other home. Before you can even make an offer on a home you must have approved financing. If for some reason you get through the process of having your offer accepted on the home and the financing falls through, thereís a chance that you could lose your earnest money deposit.     

     





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