American Eagle Realty's Blog
Ready to submit an offer on a house? Not so fast. First, you'll want to consider a few key questions, including:
1. Can I afford to buy a house?
If you find a house you like, make sure you can afford the monthly mortgage payments. By doing so, you may be able to avoid costly, time-consuming problems down the line.
Ultimately, getting pre-approved for a mortgage can make a world of difference, particularly for a homebuyer who is ready to submit an offer on a home.
With pre-approval for a mortgage, a homebuyer will understand exactly how much money is at his or her disposal. As a result, this homebuyer can avoid the temptation to overspend on a house.
2. Should I submit a "lowball" offer?
For many homebuyers, it may seem like a good idea to submit a "lowball" offer on a house. But doing so may be problematic for a number of reasons.
If you submit a lowball proposal, a home seller is unlikely to take your bid seriously. As such, this home seller may dismiss your offer and move on to other proposals quickly.
In addition, a lowball offer may cause you to miss out on the opportunity to acquire your dream residence.
When you locate the perfect residence, there is no need to leave anything to chance. If you submit a fair proposal that meets or exceeds a home seller's expectations, you can avoid the risk of losing your dream house to a rival homebuyer.
3. How much should I offer for a residence?
We've already established that a lowball offer is rarely, if ever, a good idea. Now, you'll just need to determine what differentiates a fair proposal from a lowball one.
A fair proposal accounts for the needs of both a homebuyer and home seller. It should be based on the current state of the housing market as well as the condition of a home.
For instance, if you're operating in a buyer's market, there is likely to be a broad assortment of homes available. This means a home seller may need to lower his or her expectations due to the sheer volume of quality residences currently on the market.
Don't forget to study the prices of recently sold homes in a particular city or town too. This housing market data will help you better understand how a residence you're considering stacks up against comparable houses so you can submit an appropriate offer.
4. Do I need a real estate agent?
A real estate agent will take the guesswork out of buying a home, and for good reason. This real estate professional can help you prepare an offer and will negotiate with a home seller on your behalf. That way, you can streamline the process of going from homebuyer to homeowner.
Hire a real estate agent before you submit an offer on a house – you'll be glad you did. A real estate agent will guide you along the homebuying journey and ensure you can secure a great house at a price that fits your budget.
The headboard has become an integral part of bedroom furniture in the contemporary bedroom. Often the centerpiece of a bedroom, there are many design options available to you. Some are simple and understated. Others may feature cushioned back support, storage functions or built-in reading lights.
Wooden headboards are a classic and timeless choice. Traditional wooden styles can take center stage or be beautifully understated, letting your bedding or other design features take the spotlight. You’ll find paneled options, mission, spindle or sleigh styles and even variations that incorporate shelving or drawers for storage. Modern options could use simple shapes that highlight rustic or distressed finishes.
A wooden headboard doesn’t have to be traditional. For a more unusual wooden option, consider repurposing an intricate antique door or a hand-carved medallion.
Upholstered headboards are often finished with fine textiles like velvet and satin but they can also be found in leather or leather-like materials. There are plenty of understated styles that come in standard sizes but many upholstered headboards are quite large and can become a natural focal point for the room. Sophisticated details like brass nailheads or thick piping are often used in these designs.
There are DIY options available that can show you how to add upholstery to an existing headboard. Consider this option if you already have a headboard that is a size that fits your space well.
Paint or Textiles
If your room is on the smaller side and you want to conserve space, incorporate a headboard that is either painted on the wall or created with hanging textiles.
If you opt to paint, carefully measure and draw your design on the wall where the head of your bed will be. Use painters tape to achieve a crisp line. It’s easy to repaint if you change your color scheme or bedroom style so this is a good option if you often like to refresh your space.
If textiles are a better fit for you, consider installing a decorative curtain rod near the ceiling line above your bed. You can use the curtain rod to hang curtains, tapestries or even macrame or woven pieces. If you have a few bedding sets that you cycle through, this gives you the flexibility to easily update the hanging textile to match.
Enjoying a quick, easy home selling journey is ideal. Yet many problems may arise that could make it tough for a property seller to streamline the home selling journey. Lucky for you, we're here to teach you what it takes to reduce the time it takes to sell your house.
Now, let's take a look at three tips to help you accelerate the house selling journey.
1. Upgrade Your House's Curb Appeal
Curb appeal is a difference-maker in any housing market, at any time. If you allocate time and resources to upgrade your residence's curb appeal today, you could transform your house into a hot property in your city or town.
Mowing the front lawn, trimming the hedges and performing other home exterior improvements may help you boost your house's curb appeal. You can always perform these home exterior upgrades on your own. Or, if you need extra help with home exterior projects, you can hire a professional contractor.
2. Remove Clutter
Clutter may make it tough for you to show off the full size and astounding beauty of your residence to prospective buyers. Thus, if you eliminate clutter from your home today, you could make it simple for buyers to fall in love with your residence right away.
To remove clutter, you may want to host a yard sale or list your excess items online. Both yard sales and online marketplaces will enable you to quickly and effortlessly get rid of unwanted items and earn extra cash.
Furthermore, if there are antiques, paintings, decorations and assorted personal belongings you want to keep, you can rent a storage unit. With a storage unit at your disposal, you can keep various personal belongings safe until your residence sells.
3. Hire a Real Estate Agent
Speeding up the home selling process is no small task. Fortunately, if you hire a real estate agent, you can gain expert home selling insights. And as a result, you may be better equipped than ever before to accelerate the property selling journey.
A real estate agent can provide you with home selling recommendations and suggestions you may not be able to receive elsewhere. First, he or she will learn about you and your home and teach you about the local housing market. A real estate agent next will craft a personalized house selling strategy for you. This housing market professional then will put your home selling strategy into effect and do whatever it takes to help you streamline the house selling process.
In addition, a real estate agent will reply to any home selling questions you have. If you are unsure about how to price your residence, whether to accept an offer to purchase or have any other home selling concerns, a real estate agent can provide plenty of guidance.
Ready to enjoy a fast, profitable home selling experience? Take advantage of the aforementioned tips, and you should have no trouble navigating the house selling journey.
Ready to purchase your dream home? Before you finalize a home purchase, it may be worthwhile to schedule a home appraisal.
With a home appraisal, a property expert will examine a residence both inside and out. The home appraiser then will offer a property valuation.
In some instances, a home offer may be appraisal-contingent. And if the home appraisal valuation falls below the amount of a buyer's offer, the buyer may request a renegotiated price.
A home appraisal may prove to be an important part of the homebuying process. As such, it is paramount for homebuyers to understand what an appraisal is all about and determine whether to conduct an appraisal.
To better understand home appraisals, let's take a look at three home appraisal facts that every homebuyer needs to consider.
1. An appraiser's valuation is his or her opinion of what a residence is worth.
Typically, a home appraiser will use a broad assortment of housing market data as part of a home assessment. The appraiser also will look closely at a residence as part of the home evaluation process.
Although a home appraisal is based on housing market data and a home assessment, it is essential to note that a home valuation is an appraiser's opinion. Therefore, two home appraisers may examine the same housing market data and the same house and come up with two different home valuations.
2. The homes in a neighborhood may affect the valuation of a residence.
Believe it or not, a home's value may be impacted by those around it. Thus, if you intend to buy a home, it often pays to evaluate the neighborhood to better understand whether a house's value will decline, stay the same or increase over time.
Furthermore, what you spend to improve a house is unlikely to raise a house's value proportionately. And if you spend $20,000 on home improvements, there are no guarantees that these home improvements will add $20,000 to a home's valuation.
3. A home appraisal and a home inspection are two very different things.
A home inspection often is considered a must-have during the homebuying process, and perhaps it is easy to understand why.
During a home inspection, a property expert will ensure there are no structural issues with a home and identify any problem areas. Then, a homebuyer can move forward with a home purchase, rescind a home offer or submit a counter proposal based on a home inspection report.
On the other hand, a home appraisal enables a property expert to evaluate the house in its current state. A home appraiser will compare and contrast a home in relation to others in the area and offer a valuation.
If you need help determining whether to conduct a home appraisal, a real estate agent is happy to assist you. With a real estate agent at your side, you can determine whether to set up a home appraisal prior to finalizing a home purchase.
A smart home device may prove to be a time (and money) saver. However, not all smart house devices are ideal for all homeowners. If you select a smart home gadget that fails to accommodate your day-to-day needs, you risk wasting time and resources on a device that delivers little to no return on investment.
Ultimately, it helps to conduct an in-depth search for the right smart home devices based on your individual needs. With a comprehensive search, you can find one or more terrific smart house gadgets that suit you perfectly.
For those who are on the lookout for reliable and budget-friendly smart home devices, there are lots of things you can do to perform an extensive search for gadgets that will serve you well. Now, let's take a look at three tips to help you find the right smart house gadgets for your residence.
1. Assess Your House
Think about why you want a smart home device, as well as how you might use this gadget in your house. Then, you can determine how exactly a smart house device can help you streamline various day-to-day tasks.
For instance, if you strive to reduce your electricity bills, you may want to invest in smart light bulbs. This investment could deliver long-lasting cost savings, as smart light bulbs will allow you to simultaneously brighten up your residence and lower your electricity consumption.
On the other hand, if you want a new doorbell, now may be an ideal time to invest in a smart doorbell. With a smart doorbell at your disposal, you can use the video camera that allows you to see visitors as soon as they approach your home.
2. Start Small and Scale Accordingly
Although you may be tempted to buy multiple smart home devices at once, it often is a good idea to purchase one smart house gadget at a time. That way, you can avoid the risk of getting overwhelmed by myriad smart home devices at once.
Generally, it helps to perform research, find out if a smart home device is right for you and make your smart house gadget purchase. If your investment works out well, you then should consider additional smart home devices.
Of course, if you find a particular smart home device fails to match your expectations, there is no need to stress. Smart home technology is constantly evolving, and as such, new and improved smart house devices soon may be available to fulfill your needs.
3. Review Your Budget
Set a budget for your smart home device spending. Next, try to stick to this budget as closely as possible to ensure you don't spend beyond your means to purchase smart house gadgets.
Shop around for a smart home device, too. This will allow you to pick up a quality smart house gadget at a price that corresponds to your budget.
Clearly, there is a lot to consider relative to smart home devices. If you use the aforementioned tips, you may be better equipped than ever before to determine if a particular smart house gadget is right for you.