Keith Evans' Blog
If you have always wanted to own a second home in the mountains, near the beach or just about anywhere else, now may be the ideal time to transform your dream into a reality. The housing market offers many opportunities for property buyers – even those who already own a residence. If you understand what it takes to navigate the homebuying journey, you could quickly and effortlessly purchase a second house that matches or exceeds your expectations.
Ultimately, there are lots of things you can do to streamline your search for a second residence, such as:
1. Get Your Finances in Order
If you still have a mortgage on your current residence, there is no need to stress. In fact, by consulting with a mortgage specialist, you can evaluate your home financing options as you prepare to search for a second house.
Mortgage specialists are available at banks and credit unions, and they understand the ins and outs of home financing. Thus, mortgage specialists can help you analyze your current mortgage, establish a homebuying budget and determine the optimal financing option for a second house.
Of course, if your current house's mortgage is paid in full, mortgage specialists can still help you get ready to launch a search for a second residence. If you collaborate with mortgage specialists, you can get the help you need to immediately obtain financing to acquire a second house.
2. Narrow Your Home Search
You know you want to buy a second house – now, you just need to hone your house search based on your individual needs. If you focus on residences in a select group of cities and towns, you may quickly discover a wonderful house that you can enjoy for years to come.
As you consider potential cities and towns where you want to purchase a second home, think about your short- and long-term goals, too. By doing so, you can boost the likelihood of finding a second house that will suit you perfectly both now and in the future.
3. Consult with a Real Estate Agent
For those who want to acquire a second home sooner rather than later, hiring a real estate agent is a must. Because if you have a friendly, knowledgeable real estate agent at your side, you can minimize the risk of encountering roadblocks that otherwise could slow down your homebuying journey.
A real estate agent is happy to teach you about the housing market in your preferred cities and towns. Plus, he or she can offer expert recommendations about how much to offer to pay for a residence you want to acquire. And if you have concerns or questions as you pursue a second home, a real estate agent is ready to respond to them right away.
Take the guesswork out of finding and purchasing a second residence – use the aforementioned tips, and you could speed up your search for a second house.
More Info on this Property | Sign up for Updates
Selling a home is a big decision with far-flung ramifications. If you're on the fence about selling your house, there is no need to wait. In fact, there are many reasons why now may be the right time to list your residence, and these include:
1. You can upgrade or downgrade.
Although your current home has served you well for many years, now may be a good time for a change. Fortunately, you can sell your residence and move into a bigger or smaller home that will suit you perfectly.
It often won't take long to transition from one home to another. In many instances, individuals simultaneously sell their current house and search for a new home. This generally enables an individual to seamlessly relocate from his or her current house to a bigger or smaller residence.
2. You can move closer to family members and friends.
If you find your current home is far away from family members and friends, don't stress. For those who sell a home, it may be only a matter of time before you can enjoy convenient access to loved ones.
By selling your current home, you can explore houses in cities and towns where your loved ones reside. Then, if you purchase a house close to family members and friends, you can visit these loved ones without having to worry about a long commute.
3. You can receive plenty of support throughout the home selling journey.
Listing a home may seem virtually impossible, particularly for someone who previously has never embarked on the property selling journey. Lucky for you, help is available to ensure you can quickly and effortlessly sell your home and maximize its value.
Working with a real estate agent typically is a good idea for first-time and experienced home sellers alike. With a real estate agent at your side, you can get the assistance you need to achieve your property selling goals.
A real estate agent understands the assorted pitfalls that a home seller may encounter. As such, he or she works with a home seller to help this individual address potential problems before they escalate. A real estate agent will collaborate with a property seller to craft a house selling strategy. Next, a real estate agent will put this plan into action and do everything possible to promote a house to prospective buyers. And if a seller receives an offer to purchase, a real estate agent will help this individual review his or her options and determine how to proceed.
In addition, a real estate agent provides a housing market resource unlike any other. He or she is available to respond to a seller's concerns and questions. Plus, a real estate agent is happy to provide home selling recommendations.
Take the guesswork out of selling your home – hire a real estate agent, and you can receive extensive support as you navigate the property selling journey.