Collins & Demac Real Estate



Posted by Collins & Demac Real Estate on 8/22/2019

As a home seller, it generally is a good idea to consider the buyer's perspective. That way, you can determine why buyers may consider your house over other available properties and map out the home selling journey accordingly.

Now, let's take a look at three tips to help you assess the buyer's perspective before you embark on the house selling journey.

1. Analyze Your Home

Think about why you decided to buy your home in the first place. By doing so, you may be able to discover what makes your house unique from other properties so you can promote your residence to the right groups of prospective buyers.

Don't hesitate to take an objective view of your home's interior and exterior too. Remember, your goal as a home seller is to generate as much interest as you can in your house. If you take a critical view of your house, you can identify problem areas and work to correct various issues as quickly as possible.

2. Review the Local Housing Market

The local housing market may favor buyers or sellers. By reviewing housing market data, you can find out whether a buyer's or seller's market is in place. Plus, if you evaluate the local real estate sector, you can understand how your residence stacks up against the competition.

Analyzing the local housing market also may help you establish a price range for your home. As you check out the prices of comparable houses in your city or town, you can use this information to set an aggressive initial asking price for your residence. And as a result, you may be able to stir up lots of interest in your home among potential buyers.

3. Consult with a Real Estate Agent

If you are unsure about how buyers may perceive your house, it may be beneficial to have a housing market expert at your side. Luckily, real estate agents are available in cities and towns nationwide, and these housing market experts are happy to help you find ways to generate interest in your residence.

A real estate agent will learn about you, your home and your house selling goals. Next, he or she will craft a personalized house selling strategy designed to help you achieve your desired results. After a real estate agent puts this strategy into action, it may be only a matter of time before you receive offers to purchase your residence.

Let's not forget about the assistance a real estate agent provides after you receive an offer to purchase, either. At this point, you'll have to decide whether to approve, reject or counter a buyer's proposal. Meanwhile, a real estate agent can provide an honest, unbiased recommendation to help you make an informed decision about a homebuying proposal.

Want to streamline the home selling journey? Use the aforementioned tips, and you can incorporate the buyer's perspective into your home selling strategy and increase the likelihood of enjoying a fast, profitable house selling experience.




Categories: Uncategorized  


Posted by Collins & Demac Real Estate on 8/15/2019

It's always important to ask some crucial questions from the seller of your new home. No home is 100% perfect, and you want to make sure that you are aware of whatever issues the house may have. While some sellers may volunteer that information, it is not incorrect to assume that most will not, hence the need to ask these questions.

  • How old are the roof and other structures in the house? Older portions of the structure such as the roof may be very expensive to replace. On the average, an asphalt roof may last as long as 15 to 20 years before needing repairs or replacement, so factor in the age of the roof before you decide to make your offer to the buyer. Find out about the material used to make the roof too, as some are more expensive than others when it comes to replacement. You should also ask for documentation about repair work done on any part of the house, so you have it for future references.
  • Have there been any water-related issues? Issues like burst pipes, flooding or water poisoning are sometimes reoccurring incidences. So you need to know ahead of time. Some neighborhoods are more prone to flooding during flood season and knowing these details might be crucial to your convenient stay. Knowledge of previous occurrences will help you keep an eye out for repeat situations so you can address them early enough.
  • What kind of sewage system does the house have? Does the house have a septic tank or is it connected to the local sewage system? You need to be aware of that. A home with its own septic tank needs to be pumped out on average every 4 to 5 years unless property care for with an enzyme treatment, so knowing the care history or the last time of its service will give you an idea of when you might need to pump it again after you move in.
  • What is the neighborhood like? You may assume you are just buying a property, but you are buying more than that. You are investing in the value of the neighborhood too. So you should ask questions about the type of community it is. Do drugs and gangs overrun it? Is the public system good enough for your kids? Is it too close to the freeway? Being aware of some this information may also affect your decision to buy or not. If you want to learn more about that neighborhood, view reviews of it online and talk to a knowledgeable real estate agent.





Posted by Collins & Demac Real Estate on 8/8/2019

There are so many factors that go into finding and securing the financing to buy a home.   While lenders require quite a bit of information for you to get a loan, you still need to be aware of your own financial picture. Even if youíre pre-approved for a certain amount of money to buy a home, you still need to dig into your finances a bit deeper than a lender would. The bottom line is that you can't rely solely on a lender to tell you how much you can afford for a monthly payment on a home. Even if youíre approved to borrow the maximum amount of money for your finances to buy a home, it doesnít mean that you actually should use that amount. There are so many other real world things that you need to consider outside of the basic numbers that are plugged into a mortgage formula.   


Run Your Own Numbers


Itís important to sit down and do your own budget when youíre getting ready to buy a home. You have plenty of monthly expenses including student loan debt, car payments, utility bills, and more. Donít forget that you need to eat too! Think about what your lifestyle is like. How much do you spend on food? Do you go out to the movies often or spend a regular amount of cash on clothing? Even if you plan to make adjustments to these habits when buying a home, youíll want to think honestly about all of your needs and spending habits before signing on to buy a home. 


Now, youíll know what your true monthly costs are. Be sure to include things like home insurance, property taxes, monthly utilities, and any other personal monthly expenses in this budget. If you plan to put down a lower amount on the home, youíll also need to include additional insurance costs like private mortgage insurance (PMI).


The magic number that you should remember when it comes to housing costs is 30%. This is the percentage of your monthly income that you should plan to spend on housing. Realistically, this could make your budget tight so this is often thought of as a maximum percentage. By law, a lender canít approve a mortgage that would take up more than 35% of your monthly income. Some lenders have even stricter requirements such as not allowing a borrower to have a mortgage that would be more than 28% of monthly income. This is where the debt-to-income ratio comes into play.


As you can see, itís important to take an earnest look at your finances to avoid larger money issues when you buy a home.  





Categories: Uncategorized  


Posted by Collins & Demac Real Estate on 8/1/2019

Not long ago to protect our homes from intruders we would lock the doors, the windows, close the blinds, leave a light on and possibly set the alarm. Today houses are full of devices that make our lives convenient such as computers, laptops, printers, smart televisions, streaming media devices, gaming consoles, smart appliances, digital assistants, mobile phones, tablets, baby monitors, web cameras, alarm systems, and cars. All of these devices have a commonality of being connected to the internet. Which means they also provide another means of breaking into homes... via the internet.

Protect your home network

Protection of your home network starts with your connection to the internet. You always close your windows and doors, and wouldnít give strangers the keys, right? Make sure you are not allowing free access to your network by leaving your router or wireless access point unsecured. Some necessary steps to secure your network include:

- Change the administration login and password from the factory default. Anyone can quickly perform a web search and find the router or wireless access point manufacturers default username and password.

- On a wireless access point or router change the SSID (this is the name of your wireless network) you can name it whatever you want just do not leave the default name on.

- Enable encryption on your Wi-Fi network. There will be several choices of encryption to use. Select the WPA2 over WEP. If there is a choice of several WPA2 choose WPA2-PSK AES. Assign a passphrase that is at least 8 characters long and consists of letters (both upper and lower case), numbers, and special characters. The longer the passphrase the securer it is.

- Turn off guest networks unless you actually plan on using this feature.

- If your router supports the Wi-Fi Protected Setup (WPS) disable it. This is vulnerable to brute force attacks.

- Ensure that the routerís built-in firewall is activated. It will be NAT (network address translation) or SPI (stateful packet inspection). The firewall is another layer of protection for your network.

Keep Your Connected Devicesí Software Updated and Secured.

Enable automatic updates for the operating systems on your desktop computers, laptops, tablets, and smartphones. By getting these updates, you will get new software features and security patches for the device. Keep any anti-virus and anti-malware software updated too.

Over the next couple of days take a look at your home network and make sure you are not leaving the doors to the network unlocked. Talk to your technology providers about additional safeguards you can set up to protect your information.




Categories: Uncategorized  


Posted by Collins & Demac Real Estate on 7/25/2019

A recreational vehicle, which many prefer to call a 'house on the wheel' has been a dream for a lot of adventurers over the years. It is mainly for people who love to go on an adventure, camp, travel, etc. It is the ideal vehicle for shelter, fun, and entertainment. The advantages of having an RV are numerous.Follow this guide if youíre looking to buy an RV

1. Use of the vehicle

How do you intend to use this vehicle? Is it on road trips only? Will you be living on the road for months? Do you plan to boondock? Ask yourself these questions to know if the RV will suit your needs, especially in terms of the size, type, and amenities that come with it. If you plan to live inside the RV with your family, then go for one with more space and more facilities.

2. Do your homework

You need to do your homework by doing extensive research about what you plan to do with the vehicle and the general idea of what you like in an RV, in terms of size, design, brand, and features. There are many brands available, and their websites are always online. Look around and make inquiries. If you donít know much about vehicles, joining popular forums and seeking for help could be a good option.

3. New or fairly used

Unless money isnít your problem, an RV is a huge purchase. Can you afford to buy a brand-new RV or a used one? If youíre going for a used RV, It is best to buy from someone you know. Whenever there is an issue, there will always be someone to help you.

4. Expenses to consider

You need to know that buying an RV isnít the end. There are some expenses which you will also need to handle such as comprehensive insurance coverage, gas, propane, and fuel, access to cable and internet, maintenance and repair cost, etc.

Buying an RV is one of those things any fun lover, adventurer, or traveler would love to do. It gives you the chance to carry your home with you anywhere in the country for as long as there is road access. So, when buying an RV, donít be in haste. Explore discounts, negotiate properly and you will carry your new home, home. Look for a local RV dealer to do a test drive and inspection today.







Tags