Collins & Demac Real Estate



Posted by Collins & Demac Real Estate on 3/23/2017

Purchasing a home can be stressful, and the homebuying process might even cause your blood pressure to rise if you're not careful. Fortunately, there are many quick, easy ways to minimize stress and stay calm during the homebuying process, including: 1. Don't Be Afraid to Take a Step Back and Relax. The real estate market remains an ongoing battle between homebuyers. Plus, after you find a house you like, you may encounter problems with a home seller as you try to finalize a purchase agreement. But remember, as you move along the homebuyer journey, don't be afraid to take a step back and relax. Buying a home represents a life-changing event, one that should not be taken lightly. However, homebuyers who try to rush through the homebuying process may watch their stress levels rise quickly – the last thing any homebuyer wants to encounter. If you feel stressed at any point during the homebuying process, be sure to take a deep breath and focus on the big picture. By doing so, you'll be able to improve your chances of remaining cool under pressure and simplify your journey from homebuyer to homeowner. 2. Stay Organized. As a homebuyer, you may be required to make phone calls and emails as you move along the homebuying journey. And in some cases, problems could arise if you don't document your conversations properly. But a homebuyer who devotes the necessary time and resources to stay organized should have no trouble tracking phone calls and emails that are sent to a home inspector, lender or other professionals who may be involved in the homebuying process. Jotting down notes on phone calls usually is a great idea for homebuyers, as this allows you to keep track of your conversations. And if you send emails, you already have a surefire way to monitor any messages you send or receive, too. 3. Hire a Courteous, Diligent Real Estate Agent. Let's face it – it often is easy to become emotional during the homebuying process. On the other hand, if you have a courteous, diligent real estate agent at your side, you'll be better equipped to overcome any hurdles that you may encounter during this process. Your real estate agent will offer information about upcoming open houses and set up home showings, enabling you to check out many homes that fit your needs. Also, this professional ultimately will serve as a liaison between you and a home seller and can help you stay calm, cool and collected during negotiations. Furthermore, your real estate agent will keep you up to date as you progress through the homebuying journey. As a result, this professional is exceedingly important and can help streamline the process of buying a home. The homebuying process can become time-consuming and complicated, and as such, cause stress. Conversely, if you use the aforementioned tips, you should be able to simplify the process of finding a home that suits your perfectly and buy this residence without delay.




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Posted by Collins & Demac Real Estate on 9/29/2016

Let's face it – buying a home is rarely simple. As such, you may need extra help along the way to ensure you understand the ins and outs of purchasing a house. So what does it take to become an expert homebuyer? Here are three homebuyer education options that are available to homebuyers nationwide: 1. Family Members and Friends Did a family member or friend recently purchase a house? If so, you may be able to lean on this individual for support as you explore the real estate market for the perfect home. Typically, a family member or friend can serve as a reliable source who can share his or her past homebuying experiences. This individual also might be able to recommend a real estate agent who provided outstanding support to him or her in the past or suggest areas where you may be able to find a home that fits your budget. Family members and friends, of course, can help you minimize stress throughout your search for the right home, too. Thus, you should be able to rely on them for a helping hand as you explore the housing market. 2. Networking Groups and Workshops Did you know that networking groups and workshops may be available that can empower you with insights you need to find the right home immediately? That's right, and in many cases, there are no costs to participate in these groups and workshops as well. Usually, a networking group serves as a collection of homebuyers with a common mission – to discover a great house at an affordable price. It is important to note that networking groups are scattered across the country. And in order to find the right networking group, you may want to search websites like Meetup and Facebook. Homebuyer workshops occasionally are held at various locations nationwide by homebuying experts who are happy to share their knowledge. In many cases, cities and towns also will host free homebuyer workshops, enabling you to learn what it takes to purchase a house quickly and effortlessly. 3. Real Estate Agents When it comes to becoming an expert homebuyer, there may be no better resource at your disposal than an experienced real estate agent. Because with the right real estate agent at your side, you'll be able to explore a broad assortment of high-quality houses any time you choose. To hire the right real estate agent, you should be prepared to meet with several real estate professionals and discuss your homebuying needs with them. By doing so, you'll be able to find a real estate agent who you are comfortable working with and possesses the skills and expertise needed to ensure you can find your dream home without delay. Purchasing a house can be a stressful, time-consuming process, but receiving homebuyer education from multiple expert sources ensures you are better equipped to buy a house that fulfills your needs. Utilize the massive collection of homebuyer educational resources that are available, and ultimately, you can improve your chances of purchasing a home that you can enjoy for years to come.





Posted by Collins & Demac Real Estate on 5/12/2016

If you are thinking about owning a piece of property to live in while wanting to have an extra section to help pay the bills, then you will find that there is an effective way to do it. Today, many people are considering the idea of buying a multi-family home, because this allows you to have your own space for you and your family while getting extra income from renting the other apartments. Keep in mind that as advantageous as this is, there are a few points that you have to consider. The first thing to keep in mind is becoming a landlord will require some extra work. When repairs are needed, or a tenant does not pay the rent it can cause some unwanted worries. This being said it can also be a great way to start off allowing you to live, in some cases, rent free while getting monthly income to help pay down your mortgage. Another point to remember is that when it comes to renting, is choosing the right tenants, you have to remember that you are in fact running a business, as you will be collecting an income from the home you are renting. Take the time to choose the right tenant, a credit check, otherwise you might find yourself in a situation where you will be losing money if your tenant does not pay up at the end of the month. If you are willing to put in the work, purchasing a multi-family home can be a great way to invest.




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Posted by Collins & Demac Real Estate on 1/21/2016

Owning your own house or apartment is a gratifying experience, as you not only have a place you can call home, but you also have the freedom to live the way you choose once you enter your domain. However, to find a home that can truly make you happy, there are a few points that you should consider beforehand. The first point to think about is the neighborhood (where your home will be located). This is important, because you need to feel that the area you are living in will be safe from crime, and that it will also be easy to commute to work on a daily basis. In the end, you do not want to spend too much time traveling in the evenings or in the mornings, as this can only make life more difficult. The next point to think about is how much space you want, as well as how many responsibilities you are willing to put up with. In other words, you could either choose to find a home that has a huge garden and a swimming pool, which is perfect if you enjoy gardening and going out for a swim, or, you could decide to do away with these extra bells and whistles if you hate gardening and do not want to spend time cleaning the pool. In other words, you want a home that you can truly feel comfortable living in, as this in turn will ensure that you can keep your life as stress free as possible. Price is always important, and you want to make sure you look for a home that you can afford. There are a lot of other expenses you have to think about, cable TV, insurance, taxes, telephone, heat, electric, maintenance etc. So make sure you factor all of these into your monthly budget. You do not want to be house poor and buying a home that you may fall in love with can in the end be very stressful if you are struggling to pay for it every month. Look for a home at a good value and that may need some cosmetic fix ups and grow into the home with home improvements down the road. This will bring value to your home and in turn be a good invest when you go to sell the home.





Posted by Collins & Demac Real Estate on 9/24/2015

The news has been bombarded with negative stories about the real estate market over the past few years, but the tides are turning and inventory is now lower than ever. There are still many opportunities for buyers as prices still remain low. For savvy homebuyers looking to buy in the high-end or luxury marketplace there is tremendous opportunity. If you’ve always dreamed about buying a luxury property but considered it just out of reach, today’s market may has put downward pressure on the prices of higher-end homes making them more affordable than ever. To buy your dream home you will want to have a strategy. 1. Choose your agent wisely. Your agent is your advocate. You will need an agent who is experienced and successful in the luxury home market. Agents who deal in luxury property have the right knowledge to help you locate and negotiate an offer on a high-end home. 2. Take the time necessary. The high-end home search may take more time and patience. The supply of luxury homes may be smaller, you may even need to expand your search or rely or your agent to find homes that may not be currently up for sale. The home will be bigger, have more features and thus there will be more to consider in the purchase decision. 3. Prepare the perfect offer. Cash is king in today’s market. According to the May 2011 REALTORS® Confidence Index from the National Association of REALTORS®, 30 percent of all purchases between mid-April and mid-May of last year were financed with cash. The number was even higher for luxury properties. Even though many luxury sellers may also be in a distressed property situation they are typically more particular about who was buying their property as well as the final selling price. Use your agent to carefully craft the perfect offer.







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