Steve Casey
RE/MAX Real Estate Center | 508-341-4464 | stcreal@aol.com


Posted by Steve Casey on 3/31/2018

When you hire a realtor to be your buyerís agent, you want to make the most of the resource that you have. If you learn a bit more about realtors, it can help you to work with your agent in tandem to get the best deal on the property thatís right for you. Below, youíll find some tips to help you navigate working with your realtor and make the whole process quite smooth. 


Be Punctual


You should keep your appointments and be on time when meeting with a realtor. While he works for you, you shouldnít assume that youíre the only client he has. Yes, youíre important to him, but understand that your realtor is very busy and his time should be respected. If youíre running late or need to reschedule an appointment, always make the effort to call your agent to let him know whatís going on.


Let Your Agent Do The Work


While there are plenty of things that you can do to help your agent through the process of helping you buy a home, you should let him do his job. This means that you should never call a listing agent if you have signed on with a buyerís agent for yourself. Understand that a buyerís agent could also get passed on commission if the listing agent believes that you are under a dual agency agreement and do not mention your buyerís agent. Itís important that all contacts are done through your agent. Thatís what they are there for! 


Itís also important to note that you should try and avoid going to property showings and open houses without your agent. If you do need to go to an open house on your own, you should let your agent know so he can make the proper arrangements ahead of time. You should expect to sign an agreement with your agent once you decide to hire him as your buyerís agent. 


Let Your Agent Know What Youíre Looking For 


Itís important that youíre honest and upfront with your buyerís agent. Buying a home is no small task and your agent is your advocate throughout the process. Your realtor will have a basic understanding of your finances, what youíre looking for in a home, and will even know a bit about your family structure. 


So that your agent can best help you to find the home thatís right for you, donít try and sugarcoat anything. If you see a house youíre not fond of, say so. If a home seems out of your budget, you need to discuss it. The easiest way to find the property to fit your needs is to relay your desires and circumstances to your realtor.        


 




Categories: Uncategorized  


Posted by Steve Casey on 3/26/2018

Buying your first home is a big endeavor, both financially and personally. Homeownership means taking on new responsibilities and bills, but it also means true financial independence.

If youíre hoping to buy a home in the near future, you might be wondering what you should be doing now to put yourself in the best position when it comes time to buy a home. Well, youíre in luck. Todayís post is a simplified list of all of the things you can be doing today to start making your way toward your ultimate goal of homeownership.

1. Pay off small debts

The first thing youíll want to do to start saving for a down payment is to make sure youíre not pouring money down the drain to credit card companies for interest rates. If you owe small amounts of money (or less than $1,000), now is the time to aggressively pay down those debts.

The goal here is to get your credit cards to a place where you pay off your balance in full each month, avoiding interest while still earning rewards and building credit.

2. Speaking of creditÖ

One of the most important aspects of buying a home is your credit score. Take the time to learn about the 5 main things that contribute to your credit score and then work on ways to improve your score in those areas.

3. Donít open any new accounts if you can help it

Once you start getting closer to applying for a mortgage, you wonít want any new inquiries on your account that are temporarily lowering your score. If you need to open a new account to lift your score, then do so well in advance of applying for a mortgage.

4. Get serious about saving for a down payment

There are a few ways to proactively save for your down payment; none of them include setting money aside when you feel like it. Start by opening a dedicated account and direct-depositing a portion of your pay into that account each week.

If you have an emergency fund in place, you might be in a position to use a CD or certificate of deposit. These give the highest earnings from interest out of any form of savings. The catch? You canít withdraw from the account until you reach your savings goal without a penalty. If you know you wonít need to dip into these funds before theyíve matured, a CD is an excellent way to save.

5. Find out how much house you can afford

Homes are expensive. but, if itís your first home, you might need to borrow the maximum amount form the bank to find a house that youíll love. To find out what is a reasonable amount to spend on a home, youíll need to consider your monthly mortgage, bills, taxes, insurance, and any other expenses. Leave yourself room for savings, emergencies, and to live a little. You wonít be able to enjoy your home much if you have to spend your days struggling to afford it.

6. Career planning is vital

A good career is a balance between stability and upward mobility. Donít be afraid to be on the lookout for new positions with higher pay and better opportunities, even if youíre happy with your current job.

If youíve been in your position for a while, consider asking for a raise. Research salaries for other people in your position and go to your boss equipped with data to show that show you deserve a raise.




Categories: Uncategorized  


Posted by Steve Casey on 2/12/2018

Buying a home is one of those things in life that requires you to take a certain order of steps to complete the process. First, youíll need to save up some money for a down payment and all of the other costs that go along with buying a home. Next, youíll take a look at what you can afford and perhaps get pre-qualified. Then, youíll hire a realtor and begin searching for properties. Finally, youíll make an offer, sign for the mortgage and close on the home. After that, youíll probably buy some furniture and paint the walls to make yourself feel at home. 


Would you ever dream of making that big home purchase without actually seeing the property first? One of the most time-consuming parts of the home buying process is that of viewing homes and visiting property after property. 


There are actually many reasons that a buyer might buy a property without seeing it first. With the Internet, itís fairly easy to get an idea of what a house might be like. Too, if youíre an investor, itís sometimes worth the gamble to scoop up a property at the right price in order to score a great deal. 


Itís also usually not detrimental to buyers who are trying to get a home in a high competition market to go after places they really love immediately. The early bird does get the worm, right?


Foreclosed Properties 


Properties in distress may be in poor condition, but for the right buyer can be a great deal. Banks want to get rid of these places as soon as possible due to the expenses incurred by keeping them. 


Pre-Construction Properties


Not all properties that are bought sight unseen are fixer uppers. Some properties can be bought in the pre-construction phase. These homes havenít been built but are already on the market available for purchase. Many times, buying properties this way can be cheaper than buying the new construction home after itís built. 


The Risks


There are obviously many risks to buying a home sight unseen. First, pictures can be deceiving. You never really know what youíre walking into until you see it. Photographs can easily hide major damage. Until a home is physically inspected, you may not know what the costs will be to repair it. 


The same risks apply to new construction homes. The layout of the home may not be what youíre looking for, or the home may not include the features that you want.


When you do decide to buy a home sight unseen you need to weigh the risk versus the reward in the transaction. It can be a valuable decision, in the long run, to take a chance on buying a home that you havenít been able to physically inspect.       

 





Categories: Uncategorized  


Posted by Steve Casey on 1/8/2018

If you want to buy a house, it helps to plan ahead as much as possible. That way, you can increase the likelihood of a fast, seamless homebuying journey.

Now, let's take a look at three tips to help you prepare to enter the housing market, and ultimately, ensure that you can enjoy a speedy homebuying experience.

1. Focus on Specific Cities and Towns

Consider what you want to find in your dream house. Then, you can fine-tune your dream home criteria and narrow your house search.

For example, if you prefer small town living to life in the big city, you may want to search for houses in various towns in your state of choice. Or, if you want to buy a house near your office in the city, you can browse residences in or near the city itself.

Differentiating your dream home must-haves and wants can make a world of difference too. Because if you know exactly what you want to find in your ideal residence, you can streamline your house search and accelerate the homebuying journey.

2. Get Pre-Approved for a Mortgage

The process of filling out a mortgage application and getting approval from a bank or credit union can be long and arduous. And if you submit an offer a house without financing in hand, you may face a time crunch to get a mortgage as well.

When it comes to home financing, it pays to be proactive. If you start searching for a mortgage today, you may be able to save time down the line.

For instance, if you meet with a bank or credit union, you can learn about a variety of mortgage options. Next, you can select a mortgage that matches your needs, and this mortgage will allow you to enter the housing market with a budget. With this budget at your disposal, you can narrow your search to houses that fall within your price range.

3. Employ a Real Estate Agent

Let's face it Ė few homebuyers have the necessary time and resources to conduct a comprehensive home search. Luckily, real estate agents are available to help you discover your dream house in no time at all.

A real estate agent will learn about your homebuying goals and find out what you want from your dream house. With this information, a real estate agent can provide you with details about houses that fulfill your criteria.

Furthermore, a real estate agent is a housing market expert who will do everything possible to help you buy a high-quality residence. He or she will teach you about the housing market and provide extensive insights into real estate patterns and trends. Also, a real estate agent is happy to respond to your homebuying concerns and questions at any time.

For those who want to buy a house, there is no need to wait to enter the housing market. Instead, use the aforementioned tips, and you can reap the benefits of a quick, stress-free homebuying experience.




Categories: Uncategorized  


Posted by Steve Casey on 12/25/2017

After you buy a house, it may be only a few weeks before your closing date arrives. At this point, you and the home seller will finalize your transaction. And if everything goes according to plan, you'll own a new home.

Getting to closing day, however, sometimes can be difficult. Lucky for you, we're here to help ensure you can enjoy a quick, seamless home closing.

Now, let's take a look at three steps to close on a home.

1. Complete Your Mortgage Application

A mortgage is a must-have for a homebuyer to close on a residence. Fortunately, it often can be simple to obtain a mortgage that matches or exceeds your expectations.

Consult with several local banks and credit unions. By doing so, you can learn about all of your mortgage options and select a mortgage that corresponds to your finances.

After you complete a mortgage application, a bank or credit union can provide you with mortgage options. Then, you can make an informed decision about which mortgage suits you perfectly.

2. Perform a Home Inspection and Appraisal

A home inspection is paramount, as this assessment will enable you to identify any underlying home problems and address them before closing day arrives.

During a home inspection, a property expert will assess your residence both inside and out. This expert also will provide an inspection report that details his or her findings.

Review the results of a home inspection report closely Ė you'll be glad you did. If you assess a home inspection report, you can review a home inspector's findings and determine whether you still want to purchase a house.

If you accept the inspection results and decide to move forward with a home purchase, an appraisal may follow.

Like a home inspection, an appraisal requires a property expert to visit your home. This expert will evaluate your home's interior and exterior, as well as comparable houses in your city or town. Following a home appraisal, you will receive a property valuation.

Oftentimes, a property valuation may match or exceed the price that you intend to pay for a house. If it does not, there may be instances in which you can still walk away from a home sale or ask the seller to lower a house's asking price.

3. Buy Home Insurance

Home insurance safeguards your residence and personal belongings against loss, damage or destruction. As such, it is essential to purchase home insurance before you close on a house. Because with home insurance in place, you'll be good to go to protect your house and personal belongings against myriad disasters.

The closing process can be long and complicated. But if you work with a real estate agent, you can receive plenty of support leading up to closing day. In fact, this housing market professional is happy to provide tips to ensure you can streamline the closing process.

Get ready for closing day Ė follow the aforementioned steps, and you can speed up the process of acquiring your dream house.




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