Derrick Green's Blog
Sometimes the simplest habits can yield the greatest results. Making to-do lists is the perfect example of a productive habit -- especially if you're getting ready to sell your home.
When putting your house on the market, here are a few tips to keep in mind for staying on track and avoiding delays.
Organization: As a home seller, there are a lot of things you can do to prepare your house for real estate showings.
Making lists can be an extremely effective way to reinforce goals, clarify objectives, and remind yourself what needs to be done. Knowing your priorities for the day (and week) can strengthen your confidence and help you avoid that feeling of being overwhelmed. On the other hand, when you lack clarity and keep forgetting important tasks, frustration and pessimism can creep in, causing you to lose your edge.
Like any method of staying organized and focused, making lists is not without its potential pitfalls. Priority lists are of little use if they get misplaced, buried under other documents, or forgotten about for days or weeks. Ideally, your list of important tasks should be readily accessible, highly visible, and regularly updated. While some people like to use old-fashioned written lists in a spiral-bound notebook or legal-size pad of paper, others may prefer their mobile devices, computer, or a reminder app.
The benefit of creating a list and checking off items as you progress is that it helps keep you focused, goal oriented, and organized. The sooner you create a priority list of tasks, the greater your efficiency will be in getting them done.
Motivation: Although your real estate agent will handle most of the details related to selling your home, there are still dozens of tasks you'll need to be involved in. Keeping your home and property well maintained, presentable, and in a state of good repair are among them. If you're like most home sellers, however, your plate is already full with family responsibilities, career demands, and other obligations. Fortunately, there are strategies for balancing your priorities.
The three keys to getting important stuff done in a timely way are: effective time management, prioritization, and staying motivated. Selling a house is a team effort involving you, your family, your real estate agent, and other professionals. Doing your utmost to keep your real estate objectives on the "front burner" will help keep the sales process moving forward and make a good impression on potential buyers.
Goals, in general, should be specific, attainable, measurable, and deadline-oriented. As motivational writer Napoleon Hill said, "A goal is a dream with a deadline." When you fail to assign a target date or deadline to a house-selling task, it's all-too-easy to let that goal slide and cause you to lose your advantage.
As a homebuyer, you likely want to do everything you can to ensure you can seamlessly navigate the property buying journey. Yet problems may arise that hamper your homebuying aspirations. Lucky for you, we're here to help you analyze the property buying journey and ensure you can avoid complications along the way.
Now, let's take a look at three tips to ensure you can minimize the risk of problems as you search for your dream residence.
1. Learn About the Homebuying Journey
There is nothing quite like buying a home. As such, you'll want to do whatever you can to prepare for the property buying journey to ensure you can limit the risk of encountering potential pitfalls.
Oftentimes, it helps to review housing market data related to residences in your preferred cities and towns. This information can help you assess the prices of available houses in your area and find out how long residences typically stay available before they sell. Plus, this housing market data may help you differentiate a buyer's market from a seller's market.
You also should establish realistic homebuying expectations before you enter the real estate market. In some instances, homebuyers require many weeks or months to find the perfect residence. But if you set realistic expectations for the homebuying journey, you may be better equipped than ever before to overcome myriad property buying challenges.
2. Get Pre-Approved for a Mortgage
A mortgage is essential for most homebuyers. If you secure a mortgage before you start your home search, you'll know precisely how much you can spend on a residence. Then, you can narrow your home search accordingly.
It generally won't take long to get pre-approved for a mortgage, either. If you meet with local banks and credit unions, you can review your mortgage options and select a mortgage that complements your finances.
3. Hire a Real Estate Agent
There is no telling what may happen as you pursue your dream residence. However, if you have a real estate agent at your side, you'll be able to prepare for any homebuying challenges that might come your way.
A real estate agent is a homebuying expert who is happy to teach you about all aspects of the housing market. He or she will help you craft a homebuying strategy, as well as respond to your homebuying concerns and questions. Furthermore, a real estate agent will maintain constant communication with you to ensure you can get the homebuying support you need, exactly when you need it.
For homebuyers who want to minimize complications, hiring a real estate agent is crucial. This housing market professional will set up home showings, help you analyze properties and enable you to submit a competitive offer to purchase your dream home. And as your home closing day approaches, a real estate agent will do whatever it takes to help you quickly finalize your house purchase.
Ready to buy a home? Use the aforementioned tips, and you can streamline the property buying cycle.
Buying a new television can be a daunting task. With technologies changing so rapidly, it can seem like you need to take a new crash course in the latest tech trends every time you buy a new product.
However, a TV is an investment that you’ll get a lot of use out of if you and your family spend a lot of time in the living room. And, since most new televisions come equipped with apps like Netflix and Hulu, it’s worth taking time to learn which one is suitable for your family and that fits within your budget.
In this article, we’ll give a brief breakdown of the latest trends to help you choose the right TV for your living room.
At one time, the size of your television was the best indicator of price. But these days you’ll find TVs that are the same size but vastly different prices. That’s because TVs now contain a number of features related to audio and video quality, and smart TV capabilities like apps and games.
However, screen size still does matter when it comes to video quality, fitting the layout of your living room and your personal preferences. If you aren’t sure what size you’ll need, try visiting an electronics store and standing as far back from the tv as your couch or sofa. You can also try this at a friend’s house who has a similar setup to you.
Remember that having a huge TV isn’t always the best option if you’re in a small room. For most living room setups, the ideal size is somewhere between 55 and 65 inches.
Many of us have a collection of DVDs somewhere in our house that we save for a rainy weekend. It might surprise you to know that the quality of a DVD is lower than most streaming videos on the internet these days.
Video quality is based on a few factors and one of them is resolution. Screen resolution has improved exponentially in the recent years. What resolutions are available?
4K or Ultra HD - The current gold standard of screen resolutions is 4K, which contains a whopping 8 million pixels.
1080p or HD - Still one of the most common resolutions, 1080p can be found in many recent models and can look at sharp as 4K televisions.
720p - Only the smallest and most inexpensive televisions are still using 720p resolution sizes. However, if you only use your television for watching cable channels, it should be noted that many major networks broadcast in 720p.
To effectively “future-proof” your TV, 4K is your best option. It is slowly becoming the standard for video and will last the longest without looking antiquated.
There are other aspects of picture quality than resolution. The way the TV is lit os one consideration. Most TVs on the market today are LED-based. In LED TVs, a backlight produces the light for each pixel. One exception is OLED TVs in which each pixel is producing its own light.
The jury is still out on which is better, but OLED seems to have a leg up on LED.
The other things you’ll want to consider are a curved screen, Smart TV capabilities, BlueTooth, and the number of HDMI ports. These are all dependent on your preferences, but it should be noted that as TVs evolve, you might not have access to some newer apps.
If you own a city home but are ready to relocate, now may be a great time to list your residence. In fact, there are many reasons why an individual may choose to sell his or her city residence, and these include:
1. You want to downsize or upgrade.
Although your city house likely has served you well for many years, it may become too big or too small for you due to changes in your living situation. Fortunately, if you sell your city residence, you can downsize or upgrade as needed.
If you decide to list your city house, it helps to plan ahead as much as possible. Therefore, if you craft a property selling strategy, you can determine what steps you'll need to take to quickly sell your city home and maximize your house sale earnings.
2. You want to live closer to family members and friends.
Your city home probably provides convenient access to a wide array of attractions and landmarks. But in some instances, a city residence may be far away from family members and friends.
If you want to live closer to loved ones, there is no need to worry. By listing your city home, you can take the first step to relocate closer to family members and friends outside the city. And after you sell your city house, you may be able to reap the benefits of quick, easy access to loved ones.
3. You are tired of the hustle and bustle of the city.
Let's face it – the city is a busy place. A city home may have seemed like a fun, exciting place to live, at least at first. But if you've grown tired of the hustle and bustle of the city, you may want to sell your current residence and relocate to a new home in a small town.
If you know how to promote your city home to the right groups of potential buyers, you should have no trouble stirring up interest in your house. And if your city residence boasts amazing curb appeal and a stunning interior, you could boost the likelihood of a fast, profitable home selling experience.
As you get ready to list your city home, you may want to hire a real estate agent. With this housing market professional at your side, you can achieve the best-possible results throughout the home selling journey.
A real estate agent will allocate time and resources to learn about you and your city residence. Next, he or she will craft a personalized home selling strategy designed to help you achieve your property selling goals. And if you have any concerns or questions as you put your house selling plan into action, a real estate agent is happy to address them.
Take the guesswork out of selling your home in the city. Employ a real estate agent today, and you can receive comprehensive support as you list your city home and navigate the property selling journey.
The rent vs buy dilemma is something that Americans have been facing for decades. Both options have their benefits, and it’s really a matter of timing and preferences when it comes to choosing which is best for you.
However, there are a lot of things to consider before making this decision. So, in today’s post we’re going to break down some of the benefits of renting an apartment and of buying a home. That way you can make your decision with a clearer picture of what each situation looks like.
One thing to note first, however, is that it isn’t always as simple as buy vs rent. Some living situations draw on the pros of each type of living. For example, living in a condo might be a good option for people who want the privacy and independence of owning their own home, but who also don’t have the time or desire to keep up with maintenance.
So, as we compare buying and renting, keep in mind that the features of each are not mutually exclusive.
Renting an apartment
Most people who are living on their own for the first time start off renting. For younger people just out of school, renting offers the first taste of independence without the prerequisites of homeownership.
When you rent your first apartment, you’ll learn the skills associated with budgeting for your monthly expenses, making your rent payments on time, and will start learning some of the skills that it takes to run a household.
In terms of monthly costs, apartments can vary greatly. Depending on where you live (and how luxurious the apartment is) you could end up having rent and utility payments that are much lower or much higher than mortgage payments for a house.
However, apartment leases often come with the benefit of utilities, trash removal, and other expenses built in. They also typically require the landlord to maintain the apartment and the land it sits on.
Live in the northern part of the country and hate shoveling snow? Make sure your lease specifies that your landlord will provide snow removal.
One technique that many renters take is to find an apartment that is small and affordable while they save up for a home. In this case, it’s worth living with fewer amenities if your end goal is saving for a down payment.
But, what if you want to own a home someday but haven’t quite decided where you want to settle down? Maybe your work keeps you moving from place to place or you’ve always wanted to move away to somewhere new.
Renting is typically a better option for those who aren’t quite sure what their plans are for the next coming years. They can have a stable place to live while they figure things out and plan their next move.
Buying a home
Once you’ve rented a home for a while, you might become increasingly aware that you want more space and more control over your home.
You’re also likely noticing how much money you spend on rent each month that is essentially a net loss.
When you buy a home, your mortgage payments might be going to the bank, but someday the money you’ve paid toward that home will be yours in the form of equity. You can then use this as a down payment for another home.
This financial benefit cannot be understated. Since house values dependably increase over time, owning a home is a great investment toward your future.
So, those are the main pros and cons of renting vs buying a home. Think about your circumstances and determine which one makes the most sense for you right now. Then, start planning for the future.