Ideal Real Estate Services



Posted by Ideal Real Estate Services on 9/15/2019

When it comes to selling a house, it helps to plan ahead. By doing so, a home seller can identify and resolve potential home selling hurdles right away.

With the right approach to selling a house, any seller can minimize problems along the way. In fact, the right approach may increase the likelihood that a seller can enjoy a speedy home selling experience.

Now, let's take a look at three tips to help sellers streamline the home selling journey.

1. Price Your House Competitively

What is your house really worth? This question is difficult to answer for a home seller, as many factors impact the value of a home.

A home's age and condition likely will play important roles in your residence's value. Furthermore, external factors like the crime rates in the city or town where your home is located or your house's proximity to parks and schools may affect your residence's value.

To establish a competitive price for your house, you'll want to study the local housing market. Look at the prices of available houses that are similar to your own; this data can help you define a competitive initial asking price for your residence.

In addition, it frequently helps to perform a home appraisal. During a home appraisal, a property expert will assess your house and provide a property valuation. Then, you can use this valuation to determine the ideal asking price for your house.

2. Conduct a Home Inspection

Although a home inspection generally is completed after a seller accepts a buyer's offer on a house, there is no need to wait. Instead, a home seller can conduct an inspection prior to listing a residence to learn about a house's strengths and weaknesses.

Review the results of a home inspection closely – you'll be glad you did. After a home inspection, you can identify any underlying problems with your house and take the necessary steps to resolve these issues. That way, you can prevent such problems from cropping up after a buyer submits an offer on your house.

3. Hire a Real Estate Agent

If you are unsure about how to price your house or complete other home selling tasks, there is no need to worry. Remember, you can always hire a real estate agent who can provide plenty of support throughout the home selling journey.

A real estate agent understands the ins and outs of selling a house. As such, this housing market expert can teach you about the real estate sector and ensure you can achieve the best possible home selling results.

Typically, a real estate agent will set up home showings and open house events, negotiate with a buyer's agent on your behalf and simplify the home selling cycle. With a real estate agent at your side, you should have no trouble receiving expert responses to your home selling questions too.

Ready to add your house to the real estate market? Use the aforementioned tips, and you can reap the benefits of a speedy home selling experience.




Categories: Uncategorized  


Posted by Ideal Real Estate Services on 9/10/2019

You know when you buy a home that your credit score matters, but do you see all of the numbers that matter to your financial picture when you’re buying a home? Your debt-to-income ratio is one of the most critical figures that will influence if you can get a mortgage and what type of rate you can get. 


What Is A Debt-To-Income Ratio?


This number is exactly what it states: the ratio of debt divided by your gross monthly income. Your credit report doesn't include any of this income information. This number is actually the best way to see if you’re living within your means or not. This way, your lender will know your monthly debt payments along with your monthly income.  


If your ratio of debt is high, you may not get a loan or get less desirable interest rates than if you had lower amounts of debt. Even if you have a high credit score, your debt-to-income ratio could affect these things. In reality, a higher debt ratio will make it harder for you to pay back your debt, so it’s important to you. 


How It’s Calculated


You can use an online tool to help you calculate your debt-to-income ratio. You can also use a simple formula if you’re up for doing some math yourself:


Divide your monthly debt payments by your monthly gross income then multiply that number by 100. For example:


Student loans: $400

Car loan: $300

Rent: $700

Income: $4,000 


1400/4000= 0.35 x 100= 35%


Household Ratio


You should also be aware of something called your household ratio. The household is the amount of home-related expenses which includes property taxes, prospective mortgage, home insurance, and more. These costs are divided by your monthly income to get this ratio as well. Obviously, your household debt adds to your financial commitments and is also put into consideration by your lender.    



What’s A Good Debt-To-Income Ratio?


It’s ideal that you keep your ratio less than 36%. Your household ratio should be even lower than this. It’s great to be debt free, but in the real world, that’s not always possible. Your best bet is to be responsible with your finances and work on paying your debt down as much as you can. Then, little by little all of the critical numbers that are required to get a mortgage will fall into place.  

    






Posted by Ideal Real Estate Services on 9/8/2019

Selling a house may prove to be a high-pressure situation, particularly for an individual who is listing a residence for the first time. However, if you share your home selling plans with family members, friends and other loved ones, you may be able to receive additional support throughout the home selling journey.

Ultimately, there are many reasons to inform your loved ones about your plans to sell your house, and these reasons include:

1. You can respond to any concerns or questions before you finalize your home selling decision.

Loved ones have your best interests in mind, and as such, they probably are unafraid to tell you exactly what they think and how they feel. Therefore, it may be beneficial to tell your loved ones about your intention to sell your house, as you'll be able to receive unbiased feedback about your decision.

Although loved ones might not always agree with your decision to sell your home, it is paramount to open the lines of communication with them. And if you tell loved ones about your plans to sell your house, you can clear the air with them before you list your residence.

2. You may be able to gain extensive home selling insights.

In many instances, loved ones may have sold a house in the past, and you may be able to learn from their prior home selling experiences.

Loved ones may provide you with home selling insights that you might be unable to obtain elsewhere too. Then, you can use these insights to increase the likelihood of a successful home selling experience.

3. You can take the first step to promote your house to potential buyers.

Loved ones can help spread the word about your house to dozens of potential buyers. Thus, if you give loved ones advanced notice about your home selling plans, you may be better equipped than ever before to stir up significant interest in your house.

Of course, once your house is listed, it usually is a good idea to share your home listing with loved ones as well. Loved ones then can share your home listing with co-workers, friends and others, thereby improving your chances of a fast, profitable home sale.

As you get ready to list your residence, you also may want to seek out a real estate agent. Because if you employ a real estate agent, you can get the expert help you need to accomplish your home selling goals.

A real estate agent understands the ins and outs of the housing market and will help you put together a successful home selling strategy. This housing market professional can help you showcase your residence to interested buyers. Perhaps best of all, a real estate agent is happy to respond to any of your home selling concerns or queries throughout the home selling journey.

Want to achieve the optimal results when you list your house? Collaborate with your loved ones – and a real estate agent – and you should have no trouble getting the best price for your residence.




Categories: Uncategorized  


Posted by Ideal Real Estate Services on 9/3/2019

The process of finding and purchasing your dream house may prove to be difficult, regardless of whether you are an experienced or first-time homebuyer. Fortunately, there are many things you can do to avoid hurdles as you navigate the homebuying journey.

Now, let's take a look at three tips to help you quickly discover a quality home at an affordable price.

1. Narrow Your Home Search

Understand what you want to find in your dream home. Then, you can enter the housing market with a plan in hand to discover your ideal residence.

To narrow your home search, think about the features you require from a home. If you need a house that offers multiple bedrooms, for example, you can hone your house search accordingly. Or, if you want a home that boasts an outdoor swimming pool, you can search for a house that matches your expectations.

Don't forget to consider where you want to reside as well. That way, you can narrow your house search to a select group of cities and towns.

2. Establish a Homebuying Budget

If you know you want to buy a home soon, you may want to search for a mortgage. Because if you begin a home search with a mortgage at your disposal, you will know how much you can spend on a house.

To obtain a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you about different mortgage options and help you make an informed home financing selection.

Also, you can always ask mortgage questions when you meet with financial institutions. If you receive expert insights into assorted home financing options, you can choose the right mortgage.

3. Work with a Real Estate Agent

If you collaborate with a real estate agent, you can receive plenty of assistance as you navigate the homebuying journey. And as a result, you could streamline your search for your dream house.

A real estate agent is a homebuying specialist who is ready to help you accomplish your desired results. For instance, if you want to acquire a budget-friendly home in the city of your choice, a real estate agent can help you do just that. On the other hand, if you are looking to buy a house that provides convenient access to your office, a real estate agent can help you map out your house search so you can quickly find your dream home.

In addition, a real estate agent can help you submit a competitive offer to purchase your ideal house. And once a seller accepts your offer to purchase, a real estate agent will help you finalize your home purchase.

Finding and purchasing a home sometimes can be tricky. Thanks to the aforementioned tips, however, you can simplify your quest to buy your ideal residence. Perhaps best of all, these tips may make it easy for you to navigate the homebuying journey like a pro.




Categories: Uncategorized  


Posted by Ideal Real Estate Services on 9/1/2019

You thought that working from home was the ideal solution to your crazy daycare and commuting routine. You discussed it with your partner for weeks, spent hours convincing your boss, and her boss, and here you are in your pajamas two months later wondering what you've done. The house is a wreck. There are dishes in the sink. You haven't had a shower in what seems like days (it was only yesterday). The dirty laundry has piled up so high that it spills out the door of the laundry room … and the baby's crying … and the phone's ringing … and that project is due! 

How could such a great idea, that works perfectly for so many others, be such a disaster for you?

Take a deep breath! Let it out slowly.

The truth is, most first-time telecommuters or from-home contractors experience complications in the first few months. Many do not realize that their commute time indeed was productive in a way because they could plan and focus in their heads so that they can start right in a soon as they reach the office (after that cup of coffee, though). At home, you tend to jump right in, directly after you've thrown in a load of laundry, the baby's fed—and you hope will play happily for the next 45 minutes—and do the dishes. The first few days go so great that you feel entirely productive. You got more work done because you didn't have that side trip to daycare on your commute to the office.

Within a few weeks or so, however, this house of cards tumbles down. Now, you not only have a chaotic household, but you're also feeling less productive than you did in the first week and you hope no one wants to Skype because you don't look or feel like the professional you once were.

Get back that commute time

Reclaim your commute time. Even though the commute is only from your kitchen to your home office, take back the 20-30 minutes you need to get your head in the game. Sit down with that extra cup of coffee and mentally run through your to-do list.

Become hyper-focused

When managing a workload with at-home parenting, control the time baby is asleep or occupied by focusing entirely on work. The baby doesn't mind you folding laundry while he's awake. Do household chores when you're in mommy or daddy mode, but as soon as the baby is asleep or with someone else, focus only on work.

Your original plan was a good one. It will work, just a little differently than you'd planned.

If your home isn’t suited to a home office, ask your real estate professional to show you some options in your neighborhood.




Categories: Uncategorized  




Tags