Sumathi Narayanan Realty's Blog
Smart home devices are becoming increasingly popular among U.S. property owners. Yet deciding which smart house gadgets – if any – are right for you may prove to be difficult. Fortunately, there are several things that you can do to determine if a smart home device is a must-have, such as:
1. Consider a Smart Home Device's Purpose
A smart home device that works well for one homeowner might fail to meet the needs of another property owner. If you assess a smart home device's purpose closely, you can determine if a particular gadget matches your expectations.
For example, if you are searching for a quick, easy way to keep your home's floors dirt- and debris-free, a smart robot vacuum may be ideal. This vacuum will take the guesswork out of cleaning your house's floors. Best of all, this device will allow you to speed up the process of vacuuming your house.
On the other hand, if you are on the lookout for energy-efficient lighting, smart light bulbs could provide viable investments. These light bulbs are simple to install throughout a house. Furthermore, smart light bulbs will continue to perform for an extended period of time.
2. Evaluate Your Finances
Your budget may dictate your smart home device investments. If you analyze your finances, you can establish smart home device priorities. Then, you can gradually integrate smart home devices into your residence.
It usually is a good idea to take a slow, steady approach to smart home device purchases. If you try to do too much at once, you risk spending beyond your means to acquire and install smart home devices across your residence.
3. Shop Around
There is no shortage of state-of-the-art smart home devices available at both online and brick-and-mortar retailers. Thus, if you conduct an in-depth search for smart house gadgets, you may find quality devices that won't force you to exceed your budget.
Of course, if you shop around for smart home devices, you can differentiate between average gadgets and best-in-class ones. You also can use online tools and resources to learn about different smart home devices and select gadgets that will perform consistently.
4. Keep Things Simple
Investing in smart home devices should be a fun, exciting experience – not a stressful one. If you feel overwhelmed as you search for smart home gadgets, take a step back and review your options. This may help you alleviate your worries and re-start your search for smart house gadgets with a fresh perspective.
Lastly, it sometimes helps to collaborate with family members and friends as you shop for smart home devices. Family members and friends can help you weigh the pros and cons associated with smart house gadgets. With the support of family members and friends, you could boost the likelihood of making an informed smart home device purchase.
Take advantage of the aforementioned tips, and you could pick up a wide range of smart home devices that will help you transform your ordinary house into a spectacular residence.
Purchasing a house should be an unforgettable journey for all the right reasons. However, problems sometimes may arise that can make it tough to enjoy a positive homebuying experience.
Whether it's struggling to know where to search for your dream home or getting the financing you need to purchase a house, myriad problems may prevent you from enjoying a positive homebuying experience. Lucky for you, we're here to help you identify potential homebuying hurdles and eliminate such problems before they escalate.
Now, let's take a look at three tips to help you reap the benefits of a positive homebuying experience.
1. Enter the Housing Market with Clear Expectations
If you know you want to purchase a house, it helps to enter the real estate market with clear expectations. That way, you'll be better equipped than ever before to streamline your house search.
Consider what you want to find in your dream house. For example, if you want to own a house near the beach, you should conduct your home search accordingly. Or, if you want to buy a home with a big backyard and outdoor swimming pool, you can hone your home search as needed.
Think about areas where you want to reside too. By doing so, you can focus on available homes in specific cities and towns.
2. Know Your Homebuying Budget
Get pre-approved for a mortgage – you'll be glad you did. Because if you have a mortgage at your disposal, you can pursue houses in a specific price range and speed up your home search.
Obtaining a mortgage can be simple. In fact, if you meet with a variety of banks and credit unions, you may be able to get a mortgage in no time at all.
Remember, banks and credit unions employ knowledgeable mortgage specialists who are happy to assist you in any way possible. If you have any mortgage questions, these specialists can respond to your queries. And as a result, you can gain the insights you need to get a mortgage that matches your finances.
3. Employ a Real Estate Agent
A real estate agent is a difference-maker, particularly for a homebuyer who wants to seamlessly navigate the property buying journey. With a real estate agent at your side, you can achieve the best-possible results, regardless of where and when you're searching for a home.
Typically, a real estate agent will meet with you, learn about your homebuying expectations and help you map out a property buying strategy. This housing market professional can offer expert insights into the local real estate market and ensure you can pursue houses that match your expectations. Plus, a real estate agent will set up home showings, help you submit an offer to purchase your dream house and negotiate with a seller's agent on your behalf. And if you ever have concerns during the homebuying journey, a real estate agent will address them immediately.
Ready to enjoy a positive homebuying experience? Use the aforementioned tips, and you can quickly and effortlessly navigate the homebuying journey.
Before you even start the home search, research is key. There are a few areas that you should look closely at in every home that you’re touring in order to make an informed decision about each property and your future in it.
Check The Foundation
When you’re walking around the home, note creaky floors, cracks in the walls, and water drainage issues. Maybe you won’t even be able to see if the foundation has any cracks in it or not with your own two eyes. A certified home inspector will, however, be able to tell you what is happening on the property. Cracks in the foundation or major foundational damage can be incredibly costly to you as a homeowner. You’re going to want to know about these issues ahead of time.
Do Some Investigating
Taking a walk around your desired neighborhood can give you a lot of valuable information. You may be able to talk to neighbors who will give you a bit of information about a property. Even wandering around the neighborhood or attending yard sales can help you to see what’s going on, if you can see yourself living there, and if there are any major issues that you should be aware of.
Sellers prefer to sell a home to a buyer who they like. if you see that you have something in common with the seller like the fact that you’re both veterans, you should send a letter along with your offer to let the seller know your connection. It’s also helpful to send an offer letter that lets the seller know how much you love the house and that you can see yourself living in the home. It never hurts to add a personal touch to a home offer.
Keep Your Options Open
Just because a home doesn’t consist of the modern decor you picture yourself living in, doesn’t mean it can’t be changed. If a home happens to be older with less present-day decor in it, be sure to keep an open mind as to the potential that the home has for you.
Make A Strategic Offer
We know that prices that end in 9 are a bit more attractive to the psyche than prices that end in a flat zero. If the asking price for a home is $310,000, you may be tempted to offer $320,000 to shell out the competition, but you may be better off offering an odd number like $312,000. Sometimes a small difference makes a big impact in the eyes of the buyer. Work with your realtor to see if a home you’re interested in has any other offers. Your agent can help you to find a good price point for your offer as well.
If this is your first home sale, you might be wondering about what your requirements are in terms of home inspections. A vital step in the closing process, professional home inspections are typically included in real estate contracts as a contingency (the sale is dependent upon their completion).
But, are there any situations in which a seller would get a home inspection?
In today’s post, we’re going to talk about why sellers might want to get their home inspection and how it could be useful to the home sale process overall.
To diagnose problems with your home
When you’re deciding on the asking price of your home, you’ll want to take into account all of the things that could potentially drive that price down. Inspectors will look for a number of issues in your home, which can save you from any surprises when a potential buyer orders their inspection of your home.
The further along in the home sale process when you discover an expensive repair that needs to be made, the more complicated it makes your home sale.
So, if you’re in any doubt about whether your home will need repairs now or in the near future, ordering an inspection could be a safe option.
What do inspectors look for?
When inspecting your home, a licensed professional will look at several things:
Exterior components of your home, such as cracks or broken seals on exterior surfaces, garage door function and safety, and so on.
The structural integrity of your home; checking your foundation for dangerous cracks where moisture can enter and cause damage in the form of mold or breaks in the foundation.
The roof of your home will be checked for things like broken or loose shingles or nearby tree branches that could damage your home or nearby power lines in a storm.
The HVAC system will be tested to make sure it’s running properly and efficiently and also that vents are clean and clear of debris.
Interior components of your home will be checked for safety and damage from things like pests and water damage.
Will the seller still order an inspection if my home just had one?
An inspection contingency is built into almost all real estate contracts to protect the interests of the buyer and seller alike.
In most circumstances, a buyer will want to get their own inspection performed. After all, they don’t know who you went to for an inspection and whether they were licensed in your state.
The bottom line
Ultimately, if you’re planning on selling your home in the near future and aren’t sure if your home may have any underlying issues, it’s usually a good idea to get an inspection to make sure you can plan for any repairs or inform potential buyers of any issues with your home.
Your credit score can play a major role in your ability to get the financing that you need to buy a house. As such, you'll want to do everything possible to improve your credit score before you enter the real estate market.
Now, let's take a look at three quick, easy ways to boost your credit score.
1. Pay Off Debt As Quickly As Possible
Get a copy of your credit report from each of the three credit reporting bureaus (Equifax, Experian and TransUnion). You are entitled to one free copy of your credit report annually from each credit reporting bureau, and you should take advantage of this perk so that you can learn about your outstanding debt.
If you have lots of outstanding debt, you'll want to start paying this off as quickly as possible. Because the less debt that you have, the more likely it becomes that you can get a favorable mortgage from a credit union or bank.
Don't wait to begin paying off outstanding debt. If you pay off even a small portion of your outstanding debt regularly, you can move closer to getting the financing that you need to acquire a terrific house.
2. Avoid New Credit Cards
A low credit score can be worrisome, and it may cause you to consider a variety of options to manage outstanding debt. However, if your credit score is low, there is no need to take out additional credit cards.
New credit cards may seem like viable short-term options to help you cover various expenses while you pay off assorted outstanding debt. But these cards are unlikely to help you resolve the biggest problem – paying off your outstanding debt to bolster your credit score.
Instead of signing up for new credit cards, it often helps to cut back on non-essential bills. For instance, if you don't need cable, you may be able to eliminate this expense and use the money that you save to pay off outstanding debt. Or, if you have first-rate items that you don't need, you may want to sell these items and use the profits to pay off myriad bills.
3. Keep Your Credit Card Balances Low
Once you have paid off your outstanding debt, you'll want to keep your credit card balances low.
It often helps to have one credit card that you can use in emergencies. If you keep one credit card and get rid of any others, you may be better equipped than ever before to maintain a high credit score.
Lastly, if you require additional assistance as you prepare to kick off a home search, you may want to work with a real estate agent. This housing market professional can help you narrow your home search to residences that fall within a specific price range. That way, you can avoid the risk of spending too much to acquire a house.
Increase your credit score – use the aforementioned tips, and you can raise your credit score before you launch a home search.