Jared Wilk Group's Blog
- Inspect roof for any damage that could have occurred from the harsh Winter weather.
- Look for any other Winter related damage around the parameters of your house.
- Scrape, sand, prime and/or paint any spots around the home that need it.
- Clear out lawn and garden beds from any debris to make way for new growth.
- Plan out your Spring and Summer planting, gardening and landscaping projects.
- Sort through winter clothes before storing them for the season. Donate any items your children may have outgrown and repair anything that needs mending.
- Clean your home top to bottom by wiping down ceilings, walls and baseboards.
- Vacuum and wipe down window panes and sills.
- Consider holding a yard sale to get rid of any extra clutter that may have gathered over the year.
- Deep clean the carpets in your home.
- Clean out the inside of your fridge and vacuum the coils on the back.
- Test all smoke detectors.
- Have your air conditioner serviced before the hot weather hits.
- Pressure wash your house and garage siding as well as your driveway.
- Spray insecticides and bug repellants.
- Inspect fire extinguishers and purchase some if you do not already own any.
- Flip and rotate mattresses and couch cushions.
- Regularly prune trees and shrubs.
- Drain and/or flush your water heater.
- Clean all patio furniture before storing it for the winter.
- Touch up any paint that may be peeling and worn from the Summer heat.
- Check seals on windows and doors as well as caulking. Make sure your home is well-sealed to prevent any energy leaks over the Winter months.
- Clean out the gutters along your home.
- If your home has chimneys have them professionally inspected and cleaned.
- Schedule a furnace inspection before the cold weather hits.
- Take the time to clean and organize your kitchen to prepare for holiday cooking.
- Test and replace batteries in fire alarms.
- Rake up leaves to prevent debris buildup.
- Install storm windows to prepare for colder weather.
- Clean and organize your attic and/or basement.
- Sort through your family's’ Summer clothes before storing them for the season. Donate any your children have outgrown and repair any that need mending.
- Change your furnace’s filters throughout the season as needed.
- Check the grout around your home and repair as needed
- Program your thermostat for maximum energy savings.
- Schedule a termite inspection.
- Clean out the vents to your dryer.
- Before packing holiday decorations up for the year ensure they are clean, organized and in working order.
Once you have signed the purchase and sales agreement, the property will be appraised by a licensed appraiser. The home appraisal is an estimate of what the property is valued at. The appraisal takes into account a number of factors such as the location of the home, the condition of the house, and recent sales of like homes in the area. The value that is determined by the appraiser is the maximum amount that can be loaned out by a mortgage company.
If you’re buying a $300,000 home, but the appraisal comes back at $297,000, you’ll need to pay the remaining $3,000 out of pocket in addition to the down payment and the closing costs that are paid up front at the time of purchase.
If the appraisal comes in too low, you might not have the necessary funds in your bank account to actually make the purchase of the home. Since you have already signed the purchase and sales agreement, you have signed a legally binding contract that states that you will in fact buy the home from the seller. If you break the agreement, you’ll lose your deposit, which could be a significant sum of money.
The Appraisal Contingency
Most purchase agreements contain something called an appraisal contingency. This is an out for the buyer in the case of a low appraisal. If the appraisal is less than the agreed upon price, there’s a way for you as a buyer to get out of the contract without it taking a hit on your finances. You need this contingency to protect you.
Is Waiving The Appraisal Contingency Is A Good Idea?
You could be in a situation where you might consider waiving the appraisal contingency. This would be a case where you agree to pay the entire amount of the contact price, even in the event of a low appraisal. This gives the seller a clear message that you want the home no matter what. The only way that you should even really consider doing this is if there is a lot of competition for the home that you want to purchase. If an appraisal comes back much lower than expected, you’ll be expected to make up the difference in price. In most cases, it’s a good idea to keep the appraisal contingency in the agreement to protect yourself as a buyer.
How To Know For Sure
This is why it’s so important to hire a real estate agent. In many states, agents are able to give you advice on the best course of action for buying a home. You can also hire your own attorney to help you through the legal portions of the home buying process. In other states, attorneys are required for the sale of a home. These lawyers will be able to advise you as a buyer what’s in your best interest. Your attorney is there to protect you!
The homebuying journey may prove to be difficult, and assorted challenges may arise that make it tough to quickly find and buy your dream house. Whether it's encountering problems during a home inspection or negotiating a house price with a property seller, there is no telling what may happen during your pursuit of your dream home. However, if you know how to handle homebuying challenges that come your way, you'll be better equipped than ever before to enjoy a seamless homebuying experience.
Now, let's take a look at three tips to help you tackle various homebuying challenges.
1. Stay Patient
When you are faced with a homebuying hurdle, it is important to remember that every problem has a solution. Thus, if you take a calm, cool and collected approach to a homebuying issue, you can find the best way to alleviate this problem.
A patient homebuyer usually is a successful homebuyer, and for good reason. If you maintain patience as you navigate the homebuying journey, you can analyze problems that come your way and allocate the necessary time and resources to solve them. And as a result, you may be able to speed up the homebuying journey and acquire your dream residence in no time at all.
2. Consider Your Options Closely
As you encounter homebuying hurdles, you should consider your options closely. That way, you can weigh the pros and cons of potential homebuying decisions and make informed choices as you try to buy your ideal residence.
Sometimes, it may be beneficial to consult with family members and friends too. If you reach out to loved ones for support, they may be able to help you make the best-possible decisions throughout the homebuying journey.
3. Collaborate with a Real Estate Agent
When it comes to purchasing a home, you may require expert assistance. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you overcome property buying issues.
A real estate agent is committed to your homebuying success, and as such, will work with you to make your homeownership dream come true. Therefore, if you want to acquire a city residence as quickly as possible, a real estate agent can help you do just that. On the other hand, if you want to purchase a small town home at an affordable price, a real estate agent will help you accomplish your desired result.
Let's not forget about the comprehensive guidance a real estate agent can provide as you search for your dream residence, either. A real estate agent can teach you everything you need to know about the housing market. By doing so, he or she can help you identify and resolve homebuying problems before they escalate.
For those who want to streamline the homebuying journey, it helps to prepare. Thanks to the aforementioned tips, you can reduce or eliminate homebuying hurdles and purchase your dream house without delay.
A condo represents a special type of property, and for good reason. Ultimately, there are many great reasons to purchase a condo, including:
1. You won't have to worry about home exterior maintenance.
For those who dread mowing the lawn on a hot summer day or shoveling snow out of their driveway in sub-zero temperatures, a condo may prove to be a terrific investment.
Condo owners typically pay homeowners association (HOA) fees that cover the costs of home exterior maintenance. Thus, condo owners can reap the benefits of fresh-cut grass, snow-free walkways and other home exterior maintenance perks throughout the year.
Furthermore, condo owners typically are protected against the risks associated with severe roof damage. This means if a hurricane damages or destroys your home's roof, your HOA fees will cover the costs to repair or replace your roof.
2. You can be a part of a wonderful condo community.
Condo communities are set up across the United States and feature rules and regulations set up by HOAs. Although each condo community is different, many communities share rules that ensure each condo owner can enjoy a wonderful experience day after day.
For example, some condo communities set up quiet hours, minimizing the risk that you'll be forced to deal with raucous parties or loud noises late at night. Or, condo communities may prevent condo owners from renting out their properties, which means your neighbors are property owners who care about their neighborhood just as much as you.
Condo communities also may feature neighborhood events periodically. That way, you should have no trouble meeting your neighbors and making new friends in your condo community.
3. A condo may prove to be cheaper than a house.
Buying a condo frequently usually offers a cost-effective alternative to purchasing a house.
Condos are available in a wide range of sizes and styles, ensuring that you can find a property that matches your budget and personal taste. Plus, condos enable you to avoid the headaches associated with roof repairs and other home maintenance projects that may crop up for homeowners.
Purchasing a condo is a big decision, and it is important to conduct plenty of research before you make an investment in any property. With a trusted real estate agent at your disposal, you can search for condos in your area and find one that suits you perfectly.
Hiring a real estate agent with condo experience is essential, particularly for property buyers who want to get the best condo at the best price. An experienced real estate agent will be able to teach you about the ins and outs of condos and ensure that you can find a property that you can enjoy for years to come. In addition, your real estate agent can keep you up to date about new condos as they become available and help you accelerate the property buying process.
Choose an experienced real estate agent to serve as your property buying guide. This real estate professional will make it easy for you to discover your dream condo quickly and effortlessly.
Have you ever wondered how rooms in magazines always seem to be pulled together in a way you just can’t seem to replicate? Spoiler alert: the secret sauce is the addition of greenery and fresh cut flowers. But don’t worry you don’t have to run out and buy bouquets of flowers each week to gain the same effect for your home. You can turn your new home into a green paradise all year long with these five easy to care for plants.
Aloe - A plant that’s easy to care for no matter how green your thumb, the aloe is a hearty plant that can survive a little neglect here and there. Note, though, that the aloe does do best in dry areas and while it can go without frequent watering you want to ensure it is in a pot that drains well to avoid root rot. A large aloe plant can add balance to a minimalist room while a row of smaller plants adds whimsical charm to a child’s room.
English ivy - Here’s a plant for the homeowner who wants a plant to add some decorative interest. As a sprawling plant, the English ivy will look beautiful draped along shelves or windows. The ivy is another easy to grow plant that doesn’t require frequent watering and will thrive with lots of light.
Rubber tree - Looking for something to fill a bare corner? Pick up a rubber tree to add life to the room. Its height allows it to make a statement on its own without a corner table to put it at eye level. This tree prefers indirect light and only requires watering about once or twice a month.
Peace lily - Add some beautiful blooms to a room all year with the peace lily. Not only does it boast beautiful white petals, it is also known to greatly improve air quality. This lily is easy to care for and can be coaxed it to bloom all year in a room with low light conditions.
Spider plant - Draw the eye upward in small rooms by hanging the spider plant from the ceiling. With proper care, this plant will eventually offshoot with “babies” that add more visual interest to its foliage with delicate white flowers. Another plant known for its ability for improving air quality the spider plant is easy to care for.
When choosing plants to add to a room don’t be afraid to get creative as you would with decor and take into consideration how well the color and shape of the plant matches the style of your home. Whether you reach for something to sprawl out over a sparsely filled bookshelf with the English ivy or fill an awkward corner with the rubber tree keep the flow of the room in mind. Happy decorating!