Ann Marie Martin


Posted by Ann Marie Martin on 8/10/2020

Image by Mohamed Hassan from Pixabay

There are many parts and pieces that go into relocation. Finding the perfect home is, of course, an important step in the process. But once you have found a residence in your new city or town, it is crucial to consider other home-ownership factors that will affect your monthly and annual expenses. As part of your relocation preparation, research what other fees and bills you may need to pay outside of your mortgage. 

If youíre moving to a new state, review the escrow process and any new, or different, closing costs that may increase the amount youíll owe. Understand what annual property taxes will be assessed and fees you will be responsible for. Homeowners Associations may also function differently in your new city or state. Closely review all paperwork and research what costs are normal for the area. Know what your requirements are as a homeowner, so you donít agree to anything outside the norm or incur fees from not aligning to your contract.

Utility costs vary from city to city and state to state, but even within the same city, prices can be different from neighborhood to neighborhood. While youíre house hunting, include a visit to the electricity, water, gas and trash company websites that service the homes youíre considering. For electricity and water, learn what the costs are per unit, time of day and any special programs available for conservation. See what bins your new trash company offers and how much they charge per month. There might be different sizes available to you at different pricing, along with compost or yard waste bins and lower to even free rates for recycling. Your new city may also have monthly fees for general upkeep of parks, greenbelts and other public services.

When you consider the monthly mortgage payment you can afford, itís smart to take these other costs into account. You might be able to make a mortgage payment, but a high electricity or water bill might put your monthly outgo outside your budget. Itís easy to forget about these little (or big) costs. Make your move easy and successful by planning for monthly and annual costs outside of your mortgage.




Categories: Relocating  


Posted by Ann Marie Martin on 7/6/2020

Do you enjoy the hustle and bustle of the big city? If so, you're sure to enjoy a city home.

Ultimately, there are many reasons to consider purchasing a home in a big city, including:

1. You can enjoy quick, easy access to public transportation.

Let's face it Ė owning a car sometimes can be problematic, and the costs associated with fuel, insurance and maintenance can add up quickly. However, you may be able to cut out some of these expenses if you live in the city.

Many cities feature public transportation systems that make it simple to travel from one location to the next. That way, you can avoid the hassles commonly associated with car ownership.

2. You can check out a broad assortment of attractions and entertainment.

The lights are always brightest in the city. Here, you can visit museums, historic landmarks and other attractions any time you choose.

For those who live in the city, you should have no trouble accessing a massive assortment of attractions and entertainment. From live theater performances to sports events, you can enjoy fun experiences in the city year-round.

3. You can visit a wide range of high-quality restaurants.

Foodies rejoice! Cities are home to some of the world's best restaurants, guaranteeing you can sample gourmet cuisine that you may struggle to find elsewhere.

Whether you appreciate traditional pub fare or elegant French dishes, you're sure to find exactly what you're looking for at a city restaurant. Plus, many city restaurants offer take-out menus, ensuring you can get first-rate cuisine delivered to your home.

How can you obtain a home in the city?

You don't need to be a millionaire to purchase a city home. In fact, here are three tips to ensure you can acquire an outstanding city house at a price that meets your budget:

1. Browse the housing market closely.

New homes reach the real estate market every day. As a homebuyer, you'll want to explore the housing market closely to find a residence that you can enjoy both now and in the future.

Examine the prices of recently sold homes in the city. Also, be sure to check out a variety of residences in-person. By doing so, you can understand what you can afford and map out your homebuying journey accordingly.

2. Get pre-approved for a mortgage.

Meet with multiple banks and credit unions before you begin your search for a city house. This will enable you to get pre-approved for a mortgage and kick off your home search with a homebuying budget in hand.

3. Work with a real estate agent.

Hire a real estate agent who understands a city's real estate market. This real estate professional will offer honest, unbiased homebuying recommendations. That way, you can accelerate the homebuying process and avoid the risk of spending too much on a city home.

Use the aforementioned homebuying tips, and you can move one step closer to securing your dream home in the city of your choice.




Categories: Buying a Home   buying tips  


Posted by Ann Marie Martin on 6/29/2020

If you plan to conduct a house search, there is no reason to settle for inferior results. Instead, you should dedicate the necessary time and resources to conduct a comprehensive search for your dream house.

Ultimately, there are many reasons why it pays to perform an in-depth home search. These include:

1. You can avoid the risk of buying a subpar house.

As a homebuyer, it is paramount to discover a residence that meets or exceeds your expectations. Because if you purchase a house that falls short of your expectations, you may suffer the consequences of your decision for years to come.

For example, if you want to acquire a home quickly, you may be tempted to submit an offer to purchase the first house you view in-person. You might even choose to ignore house problems that are discovered during an inspection.

In the aforementioned scenario, you may wind up purchasing a home that will require costly, time-intensive repairs in the foreseeable future. Perhaps worst of all, you may struggle to generate equal value for your residence if you decide to re-sell it at a later date.

2. You can boost the likelihood of finding a house that matches your budget.

If you have a limited homebuying budget at your disposal, there is no need to leave any stone unturned in your quest for your ideal residence.

By dedicating time and resources to conduct an extensive house search, you'll be better equipped than other buyers to find a first-rate residence at a budget-friendly price. Plus, you may be able to pounce at the opportunity to buy a home that matches your budget as soon as this residence becomes available.

3. You may be able to capitalize on a buyer's market.

A patient homebuyer may be able to wait out a seller's market, i.e. a real estate market that features an abundance of buyers and a shortage of sellers. And in this situation, a buyer could capitalize on a buyer's market, i.e. a real estate market that boasts an abundance of sellers and a shortage of buyers. As a result, this buyer could choose from a wide selection of top-notch residences in a buyer's market and select a residence that offers a great combination of affordability and quality.

If you plan to pursue a home soon, you may want to hire a real estate agent. Because if you have a real estate agent at your side, you can receive plenty of support throughout the property buying journey.

A real estate agent understands what it takes to conduct a thorough home search. He or she will keep you up to date about new houses that become available in your preferred cities and towns and offer expert homebuying recommendations. Also, if you want to submit an offer to purchase a home, a real estate agent will help you put together a competitive homebuying proposal.

Simplify the homebuying process Ė work with a real estate agent, and you can streamline your house search.





Posted by Ann Marie Martin on 6/1/2020

Image by congerdesign from Pixabay

If you're looking to buy a new home, there's no reason you should be limited by your geographic area. In today's digital world, buying a home in another city, another state or even in another country has never been easier or more convenient. Additionally, when you buy a home remotely, you're not limited by property values in your own area. This may be especially beneficial to home buyers who currently live in high-value areas but who are looking to downsize or to lower their monthly mortgage payments.

By conducting your home search remotely, you can find the most house for the lowest price, regardless of where it's located. We've compiled the top three reasons why you might want to consider conducting your next home search from the comfort of your easy chair.

Moving Closer to Family

Getting out and on your own may have been a dream right out of college, but once you begin having children of your own, and work responsibilities begin piling up, having family living just down the street can be a lifesaver. Moving closer to family may also be more convenient for home buyers whose parents are aging and increasingly in need of help. By conducting your home search remotely, you can view all available homes near loved ones without ever leaving your house. 

Relocating for Your Career

You've worked hard for your career, and the most irresistible promotions often involve relocation. When the time comes, you won't have to trust the company to find you suitable accommodations. With a remote home search and the help of a local real estate agent, you can easily find the home of your dreams regardless of where work sends you. 

Purchasing an Investment Property

Flipping houses requires know-how, experience, and a large serving of luck. And when you find that perfect property that's selling for peanuts, timeliness matters. When it's not possible to fly out and look at a prospective income property, buying remotely is the only other option. Better still, it gets your foot in the door fast -- maybe even before local investors have time to make an offer. 

If you've been thinking of moving out of state, across town, or to the other side of the world, consider doing a remote home search to see what pops up. You'll be surprised at how easy it is to work with an experienced real estate agent over the phone or through email. You may find that housing values in your target area are much more affordable than they are where you're currently living, and that's a win-win for everyone involved, regardless of why you've decided to buy. 




Categories: Buying  


Posted by Ann Marie Martin on 5/18/2020

The homebuying process sometimes can be tough to navigate. Fortunately, we're here to help you achieve the optimal results throughout the homebuying cycle.

Now, let's take a look at three questions that every homebuyer needs to consider as he or she pursues a home:

1. What is my "dream home" definition?

If you know what you want to find in your "dream home," you may be better equipped than ever before to streamline your home search. Thus, it generally helps to establish a list of home must-haves and wants to guide you along the homebuying journey.

As you check out a broad range of houses, don't forget to update your list of home must-haves and wants too. By doing so, you may be able to further accelerate your home search.

2. What can I afford to pay for a home?

The prices of homes vary based on location, size and other factors. As such, you may want to get pre-approved for a mortgage to ensure you know exactly how much you can spend to acquire your ideal residence.

Getting pre-approved for a mortgage can be fast and simple. If you meet with banks and credit unions, you can learn about all of the mortgage options at your disposal.

Of course, you should ask plenty of questions any time you meet with mortgage specialists. This will enable you to evaluate myriad mortgage options and choose a mortgage that complements your finances perfectly.

3. How can I quickly and effortlessly achieve my homebuying goals?

The homebuying journey differs from buyer to buyer. However, homebuyers who work with real estate agents typically can boost the likelihood of achieving the best-possible results during the homebuying journey.

A real estate agent knows the ins and outs of the housing market. He or she can teach you about the real estate sector and help you narrow your home search. Also, a real estate agent is unafraid to be honest with you and will offer unbiased recommendations to ensure that you can make an informed homebuying decision.

Let's not forget about the comprehensive assistance that a real estate agent can provide throughout the homebuying cycle, either. A real estate agent will keep you up to date about available houses that match your homebuying criteria. In addition, he or she will set up home showings that enable you to check out residences in-person. And once you discover your dream residence, a real estate agent will help you put together a competitive offer to acquire this house.

Furthermore, a real estate agent is ready to respond to any of your homebuying concerns and questions. As a result, a real estate agent will allow you to quickly and effortlessly navigate the homebuying journey.

When it comes to buying a house, there is no need to worry. If you collaborate with a real estate agent, you can get the support you need to make your homeownership dream come true.




Categories: Buying a Home   buying tips