Why It’s a Great Time to Buy a House during the Holidays

As the year comes to a close, many of us are anticipating the holidays. Some families have house hunting on their to-do list. Home sales are typically lower during the holidays due to certain factors. For one, no one wants to go house hunting in this cold weather. Secondly, you want to welcome people to your home during the holidays and not invite them with moving boxes on your doorstep. Even though it’s not a popular trend, buying a house during the holidays can be very advantageous. Let’s look at a few reasons why. Low-interest rates on mortgage You can still buy a home this holiday season because interest rates on mortgages are likely to remain low. Low loan rates are more available during the holiday season because lending institutions want to attract more buyers. In fact, interest rates are likely to rise starting from spring next year. Homeowners urgently want to sell To start with, sellers are usually very serious about getting rid of their homes when they decide to do it over the holidays. It could be for sudden reasons such as a divorce, job relocation or financial reasons. Any savvy buyer can take advantage of this and get a home at a good deal. Competition is low Secondly, there are usually few people who are looking to buy a home during the holidays. That puts you in a good position as a buyer. Since the seller is receiving few offers, you don’t have to compete against multiple buyers. You are likely to save more and get a good deal when you buy a home at this time of the year. Take advantage of the holiday spirit During the holiday season, things are going well for sellers and lending institutions. You need to take advantage of this as a buyer. For instance, your loan approval process is likely to take less time because most of the companies don’t have many customers to deal with. People are nicer during the holidays so don’t be surprised if the seller agrees to your initial offer. But remember that some companies will release their employees in time for the holidays so make sure you get pre-qualified for a mortgage before you start house hunting. Take your time when choosing a home and remember that the decision you make may be stuck with you for many years. Browse through the listings here at http://homesforsaleclayton.com and get in touch with a reputable broker to help you find your dream home.

Basic Factors to Consider Before Buying Your Home

Buying a house is one of the most exciting moments in one’s life especially when you have the right amount of money at your disposal to do so. It is also as easy as pie to end up with a sour deal if you do not understand the basics of getting the right home for you and your loved ones. Here are a few basics you should stop and consider before hitting the market to get a home. Financing This is perhaps the most important factor when it comes to buying a home. The fact of the matter is that there are many ways to finance your home, all of which come with advantages and disadvantages and so the kind of financing you use to buy your home will determine how comfortable you will be while living in your house. There are a number including mortgaging, loans and cash. It is wise that you pick a method that will not end up costing you way much more than the total cost of the home in the long run. Your income will be a huge factor in this and so it is wise that you ensure that you work in such a way that your monthly expenditures are not through the roof for a number of years. Inspection It is wise that you take time to seek inspection services around Clayton NC that will handle your inspection needs. Buying a house without inspection may hurt you more than you can imagine as most houses may be breeding grounds for vermin and termites. Some may also be run down in hidden places that the realtor will fail to mention just to make a sale. An independent inspector will ensure that you get to buy a home that is within your financial standards without getting ripped off. Amenities Buying a house a long distance away from amenities such as shopping centers, schools, churches, main roads and the like is never a really good idea unless you are going for ranches and farming lands. The further the distance from, the amenities the more you will spend on dropping kids to school, shopping and takes outs. You will also have an issue with getting emergency support when you buy a house a long distance away from the main amenities. Finally, do not let the excitement get into your head by ensuring that you take time to shop around for the best homes for sale in Clayton in the market. Your home needs to not only be a place you enjoy living but an investment that can be used for monetary value.

Choosing a Realtor

Buying or selling a place can take up a lot of your time, not to mention the many hustles that you will have to go through. If you don’t want to go through that process, you should consider talking to a realtor. They will help you handle all the details of your sale or purchase including negotiations and paperwork. Choosing a realtor should be done with a lot of care since this is someone that you will be trusting with serious matters. Consider the following tips when choosing a realtor: Area of operation When choosing a realtor make sure that you go for one who deals with houses that are in the area where your house is located. Also, you need to ask about their license and whether they work as individuals or with companies. If a company is involved, you need to do some checks on its reputation. References Schedule a meeting with the realtor and ask for references of clients they have worked with. Talking to references will help you know if you can trust the realtor to help you. Negotiation capabilities Go for individuals who have great negotiating capabilities. The ability to negotiate gives you the power to get what you want. If one is not able to negotiate, you will end up selling your home at a lower price or buying at a higher price. So go for someone who can negotiate to get you the true worth.     Friendly attitude A friendly attitude is important as it makes communication easy. This is a person that you will be working with for weeks or even months. So you need someone who you can easily consult and have healthy chats as you wait to buy or sell. If it’s a company, talk to the specific realtor who you will be working with to assess their attitude. A good realtor will maintain a good attitude even when having a bad day. Record Another important fact that you need to check is the realtors’ record. When checking the record you need to differentiate between listings and sales. A realtor might have listed a thousand homes but sold only ten. So don’t be fooled by the listing. Check the sales that the realtor has managed to make out of the listings that they did. After you are successful in choosing a realtor, you can rest and wait for them to get you a good deal. Click here to learn more. Take a moment and explore more of our informative articles below: Common Mistakes Home Buyers Make How to Find Your Dream Home Considerations When Choosing a New Home What to Consider When Buying Your First Home Tips for Buying Your First Home  

Common Mistakes Home Buyers Make

The housing market is a hot marketplace. There are plenty of cool new properties on the offer. Everything can be quite fast paced at times. As a home buyer, you need to be very well informed and strategic in the decisions you make while buying a house if you want the best property for your price. The following are some of the most common mistakes made by home buyers that you should avoid. Not being financial prepared The housing market in Clayton NC is a competitive and expensive real estate environment. There is higher demand than supply and a lot of all-cash offers. Most people are often not well financially prepared to handle the pressures of the real estate market. You need to be ready to make a quick decision when you want to buy and to make a good decision, you should be prepared financially as early as possible. Do not wait until you find a house to start putting your finances in order. Save up as much as possible for the down payment on the house, clean up your credit to get further approval for a loan and get used to living on a strict budget so you can factor in monthly mortgage payments easily. Do not put your car before your home Most lenders will look at your debt to income ration before they approve you for a mortgage loan. This ratio is what determines if you will be able to make your payments. You should not load yourself with a lot of debt before you buy a house. Most debt often comes from things like student loans and car payments. It is easier to own a new home if you have a history of saving not debts from car payments.     Do not rely on online information alone You can do general research online on mortgages in your state. The internet is a good place to find out more about VA loans and FHA loans among others. However, if you have made the decision that you want to buy a house, you should verify the information from an actual real estate agent or professional in the business. There are often a lot of misunderstandings regarding fees and terms based on information collected online by home buyers. Do not skip the home inspection Finally, avoid trying to cut cost by skipping the homes inspection. Sometimes it takes an experienced eye to be able to point out the problems in a home since they go through so much cover up for the sale process. Looking for house for sale in Clayton NC? Make sure to see the best there is in the market. Get in touch with us and check out our listings! Take a moment and explore more of our informative articles below: Finding Your Dream Clayton NC Home Expert Tips for Getting a Great Deal When Buying a New Clayton Home Interested in Smithfield NC Real Estate How Can You Get the Right Home Mortgage Living […]

How to Find Your Dream Home

Nothing is as exciting as getting to a point in your life that you can afford to look for a dream house. It is one of the best feelings in life. It is also one of the most challenging phases. A mistake at this point will mean living with it for the rest of your life. The process of finding a house is not that difficult if you know exactly what you are looking for. The tricky part is finding exactly what you want in the market. There are millions of homes on sale all over the world if you want to go far and wide. Clayton NC alone has hundreds of homes that you can easily pick from. Here are a few tips on hot to find you dream house in Clayton. Online searches It is common for all house sellers to post their houses online. This is one of the best ways to market a house on sale. You are bound to find what you are looking for fast and easy thanks to detailed search engines. The best thing about an online search is that it can be done in the comfort of your home. This will also help you narrow down what you are looking for. The shortlisted options can be easily followed up with the provided addresses and contacts. Online adverts also come with photos that give you a good idea of how the house looks like. The down side to this is that you may find con men looking to make a quick buck. You may also find that the house is not what you thought thanks to misleading photos. The best way to work around this is deal with authoritative websites. The best agency Agencies are also one of the best ways to zero in on your dream house. The best agencies will charge a small finder’s fee for the trouble. A good agency will listen to what you need and take you around houses that closely resemble your desire. You may find something even better in the process. There are hundreds of good real estate agents. The best will come with a good referral not to mention pleasant reviews.     Walk the neighborhood It is wise that you take some time to visit the neighborhood that you would like to live in and scout for houses. You are likely to find some on sale where you need one. This will also save you time and money especially when dealing with agents. You get a front seat observation without the interference of an agency. It is important that you find out more about the neighborhood before making any serious commitment. When you decide that you are interested in homes for sale in Clayton or would like to sell a home in Raleigh, Clayton, Smithfield, Johnston County NC & surrounding areas, please contact a trusted real estate agent, Teresa Byrd. Take a moment and explore more of our informative articles below: Effective Price Negotiation Strategies […]

Considerations When Choosing a New Home

Many factors come into play when you are looking for a new place to call home. To get that perfect home, you need to set your priorities from the start. The idea is to strike a balance between an affordable and suitable home. Here’s what we think you need to consider when buying a new home. The cost of buying the home Always remember that the perfect home is one that you can afford. It would be very unfortunate for you to buy a house that turns out to be a financial nightmare. Even if you qualify for a loan, make sure that the repayments are not more than 40% of your net monthly income. If the cost of the home loan is too high, look for a different home that you can afford. Improvement cost and time Will you be spending time and money improving the property? There’s a high chance that you’ll find a property that doesn’t suit your exact specifications and you’ll have to make some adjustments. Make sure the home is very close to what you are looking for so that you don’t spend too much time and money on renovations. Is it suitable? Suitability varies from homeowner to homeowner. One of the things to consider would be the accessibility. For instance if you’re interested with houses for sale in Clayton, you need to ask yourself these: Is the house convenient to your workplace or children’s school? Are your family and friends nearby? You also need to check whether basic facilities like restaurants, parks and retail shops are close. You may also want a place that is quiet enough. Make sure you find out from the local police how safe the area is. Space An ideal home to buy is one that you can live in for a while. That’s why it’s important to ensure that the property has adequate space for the family to grow. You need to, at least, know the number of bedrooms you need before you buy. Consider all these factors before buying the home. The location For most people, the location is always a number one consideration when choosing to buy property. You need to look out for signs of development in the area because they’re likely to increase property value. The area also needs to be easy to access from the center of town with restaurants, bars, and shops nearby. With lots of prime properties in Clayton to choose from, you are likely to find the perfect home with ease. Looking for a licensed realtor to help you get your dream home? Call Teresa Byrd at 919.369.2444 today!

What to Consider When Buying Your First Home

Making the decision to buy a home is exciting and definitely something to be proud of. You need to be careful going about this process as there are many mistakes that first-time homebuyers make which cost them a lot of money. Here are a few things you should do when buying your first Clayton NC home: Learn more about the real estate trends of the neighborhood Many reasons could make you choose a specific neighborhood like work, the school district, family or simply the allure of the environment. Once you have settled on the neighborhood you want to buy into, you should start finding out more about real estate trends and prices. Look through listing services online, check the prices of comparable homes and find out more about realtors in Clayton through the National Association of Realtors. They can help you find a great deal on a house. Plan for the cost You need to calculate your mortgage to find out how much you will need to pay in monthly payments. You also need to find out your total monthly housing costs including taxes and insurance. The initial cost of buying a home may be quite high, so you need to start saving for it early. You also need to buy a home that you can afford even after the initial purchase to avoid foreclosure. Projecting these costs in relation to your income is a crucial bit of the decision-making process. Find a reputable realtor Realtors help you make important decisions and save you a lot of time. They understand real estate markets better than anyone. They have the scoop on the latest and best properties on the market. You may look through hundreds of listings before you settle on the kind of homes you want to check out, but based on your description, a realtor can compile a list within a couple of minutes. The realtor will also oversee the contract between the buyer and the seller and negotiate for a great deal based on a realistic property value. Clean up your credit A blemish in your financial records could prevent you from getting a mortgage lender or the best terms on a loan. You should speak to a financial advisor about your credit, and work on clearing any debt or financial issues that may have put a mark on your records.

Tips for Buying Your First Home

Your dream home should be the place where you anticipate spending the rest of your life and even raising a family there. So it is no small task when it comes to choosing which one to buy and how much to spend on it. Buying the best home on the market within your budget can give you a place to settle down for years to come. Start saving early Homes are expensive and you need to save up for it. Even before you start considering how much you want to spend on a home, saving is the most important step. Even if you are going to top off your savings with a loan, you will be able to pay a higher deposit on the house and get more favorable terms on the loan. Start your home kitty and put as much into it as possible before you finally feel comfortable buying your home. Check your credit Your credit score will determine the kind of financing you can get from lenders to buy your home. A bad credit score is never attractive to lenders; you should start cleaning up your credit atleast six months before deciding to buy a home. Get evaluated by a financial analyst to determine your credit score and speak to a professional about how you can improve it. Shop around When looking for your dream home, there are so many things to consider like how many rooms, proximity to the nearest school or mall, the size of the yard, swimming pools and so on. You should write down the must-haves for your new home. Talk to a reputable real estate agent and visit a few open houses, look around, ask questions but do not allow the curb appeal to lure you away from your list of requirements of what your new home should look like. Never jump on the first offer or seem so eager to buy, take your time and make a wise and informed decision. Stay on top of property market news The property market can be quite dynamic. Being a knowledgeable home buyer can save you a lot of trouble and money. Find out what the real estate market is like in the area you want to buy in. Find out the general cost of houses there and monitor the influence of economy in the area on housing prices. This could make it easier to project how much it would cost to buy a home in the near future. Interested in homes for sale in Clayton NC? Browse through our listing or get in touch with us to find out more about the available properties in the Triangle and nearby areas..

Finding Your Dream Clayton NC Home

If your resolution for 2016 is finding your dream home in Clayton NC, we are glad you took the time to read this. We’ll share with you some critical tips on home buying that make it easier for you to finally find the property you covet. Have a priority list First things first, you need to write down the things you really need and can’t sacrifice. It’s time for a reality check. Forget what’s on your wishlist and pen down the things that are really essential. For instance, you may want a 4-bedroom house but a 3 bedroom is still adequate. Get a pre-approval letter Knowing how much you can afford before you even set out house hunting is important. Having the pre-approval letter also shows potential sellers that you are serious about the property. Remember that the best homes are on high demand and there are investors who are willing to buy them for cash. Showing that you have been preapproved will help you beat other buyers to get the home you want. Research the home’s location Understand everything there is to know about the neighborhood before you buy property there. If you are planning to buy a home in Clayton, know what amenities are offered in most homes, how much similar homes cost and the demand for similar homes in case you’ll want to sell it in future. Find a good agent Real estate agents can help by notifying you of any new homes that show up in local listings. You can also get assistance with handling the paperwork, negotiating with the seller and speeding up the process so that you don’t miss out on a good deal. Go ahead and register in one of the local listing websites so that you are notified whenever new properties are put on the market. One mistake that people make when negotiating for property they like is making an offer that is very low and one that the seller is very unlikely to take. Start by making an offer that is negotiable and realistic so that the seller can see you are actually interested in the property. Most sellers don’t want to go back and forth with the buyer and might ignore anyone who sounds unrealistic. Don’t be in a rush to buy Browse through our listing of houses for sale in Clayton NC. Most importantly, don’t feel discouraged when a deal falls through.  Soon, another will come along and you’ll be happier with the property you end up with. Keep an open mind and look hard enough. You’ll soon find the perfect place to call home.

Expert Tips for Getting a Great Deal When Buying a New Clayton Home

Buying a new home in Clayton for the first time is a new and exciting experience for the most part. But when it comes down to the actual buying process there are often a lot of challenges involved that makes the task more daunting to the inexperienced buyers. The following are five simple tips for getting a great deal on a home Hire an expert real estate agent You need a great real estate agent to help you with the buying process. Avoid hiring the first real-estate agent you meet. You should shop around for real estate agents who work in Clayton area where you are interested in and hire the one with the most relevant experience. Agents with strong negotiation skills can get you great deals for a new home. They also know where all the best properties are and can help you find the ideal home for your needs by doing all the footwork. For a trusted real estate agent in Clayton, get in touch with Teresa Byrd. Understand the market Do not solely rely on a real estate agent. You should also do your own market research so you know what to expect financially. Sometimes the listed property price can be misleading, for instance, a house may be listed at an affordable price bit with a lot of offers, and it will sell at a more expensive price. Studying the markets also lets you know where the best places to buy homes are. Understand your finances One of the biggest mistakes that people make when buying a home is not knowing what they can and cannot afford. You need to get your finances in order before you start looking at any houses. Visit a financial advisor and find out the current state of your finances, the financing options you have and the kind of home you can afford to buy. Having a clear picture of how much you have to spend will help you maintain a level head during the bidding war rather than blowing your budget. Become an attractive buyer Property sellers are also looking for attractive buyers to sell to. One of the ways you can make the seller more comfortable selling to you is by getting a preapproved mortgage, which makes you appear more serious to the seller. This is especially useful when the seller is getting multiple offers. Sellers want buyers with as few contingencies in the contract as possible. Sellers want buyers with the highest certainty of closing without any issues. Interested in homes for sale in Clayton? Check out our featured listings today!  

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