Posts with tag 'Buy a House'

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June
20

Features to Consider When Downsizing - Laffey Real Estate

Downsizing can simplify life, whether you're an empty nester or looking to get into the tiny home trend. A smaller house means less upkeep, lower bills, and more time and money to do the things you love.

Our real estate agents can smoothen your transition to a smaller space by helping you find a home that's perfect for you.

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May
31

Bidding War Buyer's Guide - Laffey Real Estate

Bidding wars occur when housing inventory is low in a popular location. It occurs when two or more buyers are interested in the property. As a buyer, it's not advisable to rely solely on the seller's agent when you find yourself in a bidding war; you should have your own home-buying pro. Our real estate agents are ready to negotiate on your behalf to help you navigate this tricky process.

In today's competitive market, houses in all locations and price ranges are receiving multiple offers, and bidding wars are becoming a lot more frequent. Sometimes, a listing can be purposely underpriced to trigger a bidding war. One of the primary reasons longtime home searchers find it difficult to close on a home is because they end up outbid repeatedly.

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January
17

Considering the Garage - Laffey Real Estate

Home garages are not what they used to be. Homebuyers expect the garage to have adequate space for parking one or two cars, storing tools and household items, building home projects, and pursuing hobbies. According to our real estate agents, buyers expect the garage to be a livable space in the home that serves multiple purposes.

In most newer home developments, the garage is attached to the house. This provides easy access to the house and added safety when parking the car, especially at night. The garage has become an important home feature that prompts home buyers to ask a lot of questions before making an offer on a property.

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June
14

Early Offer - Buy a Home - Laffey Real Estate

Real estate markets across the country are booming, with more buyers shopping than there are homes available in many markets. With homes selling so quickly, it's important to consider all options for landing the top choices on your list of potential homes. For buyers in a competitive market, an early offer can be an appealing option for trying to land a home before more buyers get the opportunity to make a bid. There are both positives and potential pitfalls to making an early offer, and our real estate agents are here to help you decide on the best options for purchasing your next home.

  • What Qualifies as an Early Offer?
    In many cases, agents like to list homes on Friday because it's typically the best day of the week for posting new listings. The open house will then usually occur a few days later, so there is a small gap between when the listing is posted and when most buyers will see the home in person. So an early offer will typically come in shortly after the house has been listed, but before most buyers will see the home. Some sellers will be more interested in considering an early offer than others, with their own circumstances and the local real estate market trends playing an important role in their decision.

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March
22

Why Pre-Approval Should Come First - Buy a Home - Laffey Real Estate

Pre-approval. It's the first step every homeowner should take before shopping for a new home. Our real estate agents recommend starting with this step because it helps narrow your search to homes within your price range. It also gives your offer added weight when you find the home you want to purchase. Whether you have excellent credit or a significant down-payment, getting pre-approved for a mortgage is a step you don't want to skip.

The Many Advantages of Pre-Approval

We are in a low inventory market, which means that sellers receive multiple offers for their homes. Many times the offers are above the listing price. As sellers consider their options, the knowledge you're serious about and can close the deal gives you an advantage. It also helps you know how high you can go if a bidding war erupts.

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