Ann Marie Martin


Posted by Ann Marie Martin on 5/14/2018

For a first-time homebuyer, it is important to realize that a home seller's acceptance of your initial offer provides no guarantees. In fact, a homebuyer will still need to complete a home inspection before a home sale is finalized.

A home inspection is a valuable opportunity to learn about any potential issues with a house. After the inspection is finished, a homebuyer has the opportunity to submit a counter-proposal, rescind a proposal or keep his or her current offer intact.

Ultimately, hiring the right home inspector can make a world of difference for a homebuyer. With an expert home inspector at your side, a homebuyer can gain insights into a house's pros and cons and determine whether a house is a viable long-term investment.

So what does it take to employ the right home inspector? Here are three tips to help a first-time homebuyer do just that.

1. Conduct an Extensive Search

Search far and wide for a home inspector – you'll be glad you did. If you allocate the necessary time and resources to locate a skilled home inspector in your area, you can boost your chances of identifying potential home problems before you complete a home purchase.

A first-time homebuyer can begin a search for an expert home inspector online. A simple web search is sure to provide plenty of results, and a homebuyer then can perform an in-depth review of local home inspectors' credentials.

Furthermore, don't hesitate to ask family members and friends for assistance. If a loved one recently sold a house and had a great experience with a home inspector, it may be worthwhile to hire this same professional to perform your home inspection.

2. Look at a Home Inspector's Background

How many years of industry experience does a home inspector have? What are past clients saying about a home inspector? And how does a home inspector approach each job? These are some of the questions that a first-time homebuyer should consider as he or she assesses a home inspector's background.

In addition, a homebuyer can always reach out to a home inspector directly to learn more about this professional's experience. A face-to-face or phone conversation with a home inspector may require only a few minutes to complete and can help a homebuyer make an informed decision.

3. Consult with a Real Estate Agent

A real estate agent can help you discover your dream house as well as put you in touch with the top home inspectors in your area. As a result, this housing market professional will ensure you can purchase a first-rate house that matches or exceeds your expectations.

If you're uncertain about whether to hire a particular home inspector, it never hurts to consult with a real estate agent. By doing so, you can gain honest, unbiased tips to determine whether a home inspector is the right person to evaluate your residence.

Employ the best home inspector prior to completing your home purchase – use these tips, and a first-time homebuyer should have no trouble hiring a superior home inspector.




Categories: Buying a Home   buying tips  


Posted by Ann Marie Martin on 4/23/2018

The homebuying process may prove to be challenging, particularly for individuals who fail to anticipate potential problems. Lucky for you, we're here to help you identify and address homebuying hurdles before they escalate.

Now, let's take a look at three tips to ensure you can seamlessly anticipate and overcome homebuying hurdles.

1. Learn About the Housing Market

The real estate market can be complex. Fortunately, an informed homebuyer should have no trouble resolving potential problems early in the property buying journey.

Examine a wide range of housing market data – you'll be glad you did. Look at the prices of recently sold houses – as well as the prices of available residences – in your preferred cities and towns. With this housing market information, you'll be better equipped than ever before to differentiate a buyer's market from a seller's one and plan your homebuying journey accordingly.

2. Get Home Financing

If you intend to pursue a house, you likely will need a mortgage. Thankfully, banks and credit unions are available to help you obtain a mortgage in no time at all.

Ultimately, it helps to get pre-approved for a mortgage. If you enter the housing market with a mortgage in hand, you can narrow your house search to properties that fall within your price range. And as a result, you could speed up the process of finding and buying your dream house.

When you meet with lenders, don't hesitate to ask lots of questions, either. If you allocate time and resources to learn about all of your home financing options, you can determine exactly which option is right for you.

3. Employ a Real Estate Agent

There is no need to pursue a house on your own, regardless of whether you're an experienced or first-time property buyer. But if you employ a real estate agent, you can work with a homebuying expert who can help you make your homeownership dream come true.

A real estate agent understands what it takes to find a great house at an affordable price. He or she can teach you about the housing market and help you make informed decisions at each stage of the property buying journey. Perhaps best of all, a real estate agent can prepare you for potential homebuying hurdles and ensure you can quickly address these issues.

Let's not forget about the assistance that a real estate agent provides as the homebuying journey progresses as well. A real estate agent will set up home showings, help you weigh the pros and cons of different houses and ensure you can submit an offer to purchase your dream residence. And as you approach the date of your home closing, a real estate agent will offer tips and recommendations to ensure you can finalize your house purchase without delay.

Want to avoid homebuying hurdles? You're not alone. But with the aforementioned tips, you can identify and overcome various homebuying hurdles and effortlessly navigate the property buying journey.




Categories: Buying a Home   buying tips  


Posted by Ann Marie Martin on 4/9/2018

Once you've made the transition from renter to homeowner, life is never the same again! While new responsibilities like home repairs and paying property taxes may sometimes feel like a burden, there are plenty of benefits that should outweigh the costs.

For example, home ownership usually brings with it tax advantages and investment features that can work in your favor. Getting guidance from a licensed tax advisor and financial consultant can help make sure you're getting the maximum return on your real estate investment.

Tips For House Hunters

If you're in the process of buying or looking for a new house, an experienced real estate agent (and home inspector) can be a valuable resource when evaluating the condition of a home, estimating the current market value of the property, and predicting the growth potential of the neighborhood. As you may already know, the location of a property is one of the most important aspects of its current and future value.

Seller disclosure laws, which vary from one state to the next, can offer buyers some measure of protection against costly problems, health or safety hazards, or quality of life issues down the road.

There are two reasons that seller disclosure requirements don't always protect home buyers from property flaws and repair problems: seller dishonesty or hidden conditions sellers aren't aware of. They can't reveal issues they don't know about, and in some cases problems are hidden behind walls, ceilings, and other places.

As mentioned, a potential obstacle to getting the full story about a home's history, flaws, and weaknesses is the seller's unwillingness to be completely honest. Even though they're opening themselves up to a potential lawsuit if they fail to reveal known problems with the property, they may risk it if they think full disclosure may derail their chances to sell the house or get top dollar for it.

From the buyer's standpoint, the best advice to keep in mind is caveat emptor: "Let the buyer beware." Your real estate agent can fill you in on the details of exactly what a seller needs to disclose, in terms of flaws, defects, hazards, damage, repairs, infestations, and even bizarre things like paranormal activity, suicides or crimes that occurred in the house. You'll also want to know things like whether the property is in a designated flood plain, whether there are any boundary line disputes, and if there are known toxic substances on the premises or underground.

While there are many variations in seller disclosure forms (depending on state laws and local conditions), there are also standard questions in most forms. As a side note, some localities may require disclosure about hazards such as earthquakes, fires, or other potential natural disasters.

You can get an overall idea of what's included by doing an online search for property disclosure forms. Generally speaking, the most reliable sources of information are your real estate agent, a real estate attorney, or your state's Department of State.





Posted by Ann Marie Martin on 3/12/2018

When you move into a house, the aisles of paint at the hardware store can seem awfully overwhelming. How will you ever choose a color for each area of your home? Adding color to a home is part of what will make it your own. One of the last things that you may think of is the color of your front door. Instead of painting the entire exterior of your home, it might be a good idea to look at your front door. 


It’s not a sin to think outside of the box when it comes to the color of your front door. Why not let your house stand out from the crowd? There’s many different colors that pop out and make great additions to any front door. We’ll break down some of the great possibilities for your front door here.


Red


Red is a great color because it goes well with many neutral tones. It brings a bit of life to a sometimes rather bland exterior color of the home. You can put a red door on a home that is a shade of tan, gray, or even white. Keep in mind that there’s also many different shades of red for you to choose from that allow you to find the tone and feel that works for you. 


Yellow Or Orange


You can certainly welcome visitors with a touch of cheeriness right at your front door. Yellow brings a certain kind of warmth to the entrance of your home. Yellow goes well with white, grays, tans, even brick and stone exteriors.


Orange needs to be used carefully. With the right tones surrounding it, you can make use of orange on your front door to make your home a bit more welcoming. Shades of orange work well with grays, blues, greens, and white exteriors. 


Earthy Tones: Green And Blue


Green and blue are great colors to help your home stand out from the crowd and provide a touch of style and warmth right at the front door. There are so many shades of green to choose from. You can go with a light green such as mint or lime. You can also choose a darker shade of green like olive or avocado. 

Green shades on a door pair well with whites, browns, tans, stone, cream, grays, and even shades of blue. 


Blue is often a color that we use more indoors. There’s so many different shades of blue that are available. Blue doors pair well with an exterior that is gray, white, tan, stone, brick, or gray.


You can really use the front door of your home as an element of surprise. When you think of what colors go together, it’s hard to go wrong with a bold front door.





Posted by Ann Marie Martin on 2/26/2018

Believe it or not, getting pre-approved for a mortgage can be quick and simple, even for a first-time homebuyer. In fact, here are three tips to help a first-time homebuyer streamline the process of receiving pre-approval for a mortgage:

1. Meet with Several Lenders

Many mortgage lenders are available in cities and towns nationwide. Meanwhile, these mortgage experts are happy to teach first-time homebuyers about assorted mortgage options and help them get pre-approved for a mortgage.

Set up face-to-face meetings with various lenders in your area. That way, a first-time homebuyer can gain unparalleled insights into a wide range of mortgage options.

In addition, don't hesitate to ask questions during meetings with banks and credit unions. Mortgage lenders possess comprehensive mortgage expertise, and as such, a first-time homebuyer can rely on these mortgage professionals to receive the support that he or she needs to make an informed decision.

2. Understand Your Credit Score

Do you know your credit score? Ultimately, a first-time homebuyer's credit score may dictate his or her ability to obtain the ideal mortgage.

An individual can request a free copy of his or her credit report from each of the three major credit reporting agencies (Equifax, Experian and TransUnion) once a year. This report may prove to be exceedingly valuable, as it can help a homebuyer identify opportunities to improve his or her credit score before a mortgage application is submitted.

Also, if you identify errors in your credit report, it is paramount to contact the agency that provided the report immediately. This will allow you to correct any potential errors quickly and ensure that they won't affect your ability to get the best possible mortgage.

3. Consider Your Homebuying Budget

A first-time homebuyer may have lofty expectations prior to entering the real estate market. However, this individual should consider his or her finances before submitting a mortgage application.

With a budget in hand, a homebuyer can establish realistic expectations as he or she tries to get pre-approved for a mortgage. Plus, this homebuyer may be better equipped than others to obtain pre-approval for a mortgage and accelerate his or her search for the perfect residence.

Lastly, it may be worthwhile for a first-time homebuyer to meet with a real estate agent to learn more about assorted mortgage options.

A real estate agent understands the challenges associated with purchasing a house for the first time. As a result, this housing market professional can teach a homebuyer about all aspects of the property buying journey and help this buyer plan accordingly.

Perhaps best of all, a real estate agent can set up home showings, keep a homebuyer up to date about new residences as they become available and negotiate with a home seller on a buyer's behalf. This housing market professional will even provide honest, unbiased homebuying recommendations to make it easy for a property buyer to acquire a top-notch residence at a budget-friendly price.

Move one step closer to purchasing your dream house – use the aforementioned tips, and a first-time homebuyer can speed up the process of getting pre-approved for a mortgage.




Categories: Buying a Home   buying tips