Buying a Home - Are you ready?
Buying Verses Renting A Home
When it comes
to a home, you have two options: buy or rent. What is right for one
person may not be right for another, which is why it's important to
know which is the best option for your individual situation.
As a homeowner, you will be responsible for any maintenance or repair
issues that arise. This is a big consideration when choosing whether
to rent or buy. When you rent, the property owner is responsible for
repairs and it may not always be obvious that these issues can be very
How To Know When It's Time To Buy
If you have steady income with a good employment history, can provide a
down payment of at least 10-20 percent of the purchase price and are
current with all debts, it may be time to consider buying a home
instead of renting. In some cases, the cost of rent may even exceed
that of a typical mortgage payment.
When deciding to buy, job stability is a big factor. If your job does
not require frequent relocation and you plan to live in the home for at
least 5-10 years, you may want to consider making the purchase.
Home Buyer's Checklist
If you can answer yes to the following questions, you may be ready for
home ownership. We can help you to find the perfect home based on your
· Have you been steadily employed for at least
one year, but preferably two years?
· Do you plan to live in the home long enough to build equity?
FIVE QUICK TIPS TO IMPROVE THE DESIRABILITY OF YOUR HOME
1. TOUCH IT UP:
A finished, flawless paint job can enormously increase the value and
attractiveness of your home! Spend some time checking the exterior and
interior surfaces-as well as fences, banisters, etc.-and touch up any
chipped or peeling paint.
2. BAKE! Research has shown that potential buyers are
greatly influenced not only by the appearance of a house, but by its
scent as well! Baking cookies or pastry before an open
house or showing will fill your home with a warm, welcoming and comforting aroma that is irresistible to buyers!
3. COLOR: In addition to providing a delightful and
aromatic scent, fresh flowers brighten up your home and appeal to the
buyer's sense of aesthetics. Add a few arrangements in different rooms
to add some color and cheer!
4. MIRRORS: Mirrors have long been used to give the
impression of extra spaciousness in a home. Adding a few mirrors to
different areas of the house-including hallways and bonus rooms-will
make the house appear roomy and bright.
5. LANDSCAPE LUXURY:
Paying special attention to your landscaping is absolutely crucial
during the selling process. Keep your lawn freshly mowed, flower beds
free of weeds, and add some additional outdoor lighting to brighten up