Tuesday, August 22, 2017 / by Denise & John Bracco
Buying a rental property is often one of the best things that first time home owners can do. They will often live in one of the units, and rent out the other units of the home. There’s many things to consider before you buy a rental property. Here, we’ll break down the good and the bad of being a landlord and owning your very own rental property. We’ll also show you the steps that you should take before you sign on the dotted lines.
Gather As Much Information As You Can
Before you make the decision to become a landlord, gather as much information as you can. Talk to people who are landlords and who own rental properties. See how people feel about living in their own rental properties. You can also read and research as much as you can on the topic for a broad perspective.
Consider If You’re Ready To Be A Landlord
There’s so many things to consider when it comes to buying a rental property. One of the biggest things to think about is if you truly are ...
Thursday, August 3, 2017 / by Denise & John Bracco
If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.
Ask yourself the following 3 questions to help determine if now is a good time for you to buy in today’s market.
Why am I buying a home in the first place?
This is truly the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.
For example, a survey by Braun showed that over 75% of parents say, “their child’s education is an important part of the search for a new home.”
This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the top four reasons Americans buy a home have nothing to do with money. They are:
A good p ...
Tuesday, July 25, 2017 / by Denise & John Bracco
In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.
Here are the top five reasons:
Exposure to Prospective Buyers
Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 16% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?
Results Come from the Internet
Where did buyers find the homes they actually purchased? • 51% on the internet • 34% from a Real Estate Agent • 8% from a yard sign • 1% from newspapers The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.
There Are Too Many People to Negotiate With
Tuesday, June 6, 2017 / by Denise & John Bracco
For many families, the kitchen is the most important room in the house. With the exception of homes that have narrow galley kitchens, this living space is often thought of as the nerve center or heart of a home.
The kitchen is typically the focal point of everything from meal preparation and consumption to holiday parties and social gatherings . It's usually the first place families congregate in the morning and often the last place they see each other before going to bed. Choosing a kitchen that's a good match for your lifestyle and decorating tastes can have a major impact on your satisfaction with a new home.
Starting out your home search with a clear idea of what your ideal kitchen should look like will increase the likelihood of bringing that image into reality. Perusing kitchen design stores, websites, and magazines is often a good starting point for developing a clear mental picture of what you want There are dozens of features and characteristics to keep in mind when search ...