Trust Realty One


Posted by Trust Realty One on 7/17/2017

When you drive through a new housing development does it seem like all of the homes are enormous compared to when you were growing up? You're not alone. In fact, over the last 40 years, average home sizes have increased by over 1,000 square feet. In other words, you could fit an entire small house inside of the amount homes have grown in size.

Why do Americans love huge houses?

It's counter-intuitive that home sizes should keep growing larger. Bigger houses mean higher prices, more maintenance, and more expensive utilities. To understand why, we need look no further than the automobile industry. In spite of the fact that larger vehicles cost more to buy, use more gas, and do more harm to the environment, people still buy bigger and bigger trucks and SUVs. There are a few reasons why. One is that they can afford to (or they can at least afford the payments). Another reason is cultural. For the most part, bigger meant better in American culture--until recently. Recently, many Americans have begun saying they would prefer smaller sized houses. That desire hasn't entirely caught up to the people building the homes, however. And even as simple living trends and the "tiny house" phenomenon gain traction, building contractors still stand the most to gain from large houses and the people with the money to build houses continue to build big to stay aligned with the other homes in their neighborhood. There are other obstacles in place for people who want a smaller house. Some counties around the U.S. now enforce minimum square footage requirements to uphold the building standards of the area. So, people hoping to move to a particular suburban area but don't want a huge house might be out of luck.

How big of a home do I need?

There are a lot of things to consider if you're buying a home. Size and cost often go hand-in-hand, but even if you can afford a larger home, do you really need the space? Here are some questions to ask yourself to determine how large of a house you really need:
  • Do I or will I have a family? Kids need space. They need bedrooms and places to play. The size of your family is going to be a huge factor in choosing the size of your home.
  • Do I need all this stuff? Many people use their homes like storage containers. Think about the last time you moved and what you brought with you. Now determine how often you used the things you brought. Odds are you have a lot of items just sitting around taking up space that you don't really need.
  • Do I have hobbies that take up a lot of space? Woodworking, working on cars, playing drums... these are all examples of hobbies that call for some leg room.
  • Am I a dog person? Just like kids, pets tend to take up some room. Larger dogs and energetic dogs require more room, both outside and inside the house.
  • Do I have time to keep up with the maintenance? Bigger houses means more windows to clean, more toilets to scrub, more grass to mow... you get the idea. You might find that you'd rather have a beautiful and well-kept small home than a hard-to-maintain huge one.





Posted by Trust Realty One on 7/10/2017

You've attended an open house – now what? Ultimately, there are many questions for homebuyers to consider after they attend an open house, and these include:

1. Did the home match or exceed my expectations?

It is important to understand whether a home is one that you could enjoy both now and in the future. And if you found that you liked a home after an open house, you may want to proceed with an offer on this residence.

Usually, it is a good idea to carry a checklist of your homebuying wants and needs that you can use throughout an open house. With this list in hand, a homebuyer can identify a house's strengths and weaknesses.

If you ever have concerns or questions during an open house, don't hesitate to find the listing real estate agent for assistance too. By doing so, you can gain the insights you need to determine whether a particular house is a viable long-term investment.

2. What would life be like if I purchased the home?

An open house can bring out a broad range of emotions in homebuyers, particularly if these individuals see things that they like in a residence.

For example, a homebuyer who sees a large outdoor deck may envision summer barbecues with family members and friends. Or, a homebuyer who views a spacious kitchen might picture dinner parties that he or she could host in the future.

If a home brings out positive feelings, it may be a keeper. As such, a homebuyer who feels good about a home after an open house may want to move forward with an offer.

3. Am I ready to submit an offer on the home?

Submitting an offer on a house can be tricky. On the one hand, you don't want to overspend to acquire a residence. Conversely, you want to submit a competitive offer that matches the home seller's expectations.

After an open house, it never hurts to meet with a real estate agent. Then, you can outline your homebuying goals and determine whether now is a good time to submit an offer on a residence.

If you decide to proceed with an offer, ensure that the proposal is fair and is submitted in a timely fashion. In all likelihood, the home seller will have 24 to 48 hours to accept, decline or counter your proposal. Once you receive a home seller's decision on your offer, you can determine the next step on your homebuying journey.

Lastly, if a home seller rejects your offer, there is no need to worry. With an expert real estate agent at your side, you can check out other open house events in your area. And as a result, you should have no trouble accelerating the process of going from homebuyer to homeowner.

Alleviate stress as you decide how to proceed after you attend an open house – consider the aforementioned factors, and you can determine whether a particular residence is right for you.




Categories: Uncategorized  


Posted by Trust Realty One on 7/3/2017

Did you know that you could drastically improve your credit score in just a year? Or that there are things that you can actively be doing to keep up your good credit score and make it to excellent? Improving your credit score involves improving many pieces of what makes up a credit score. The tips here are twofold. If your score is low and you are looking to greatly improve it, then you must first figure out why. Review the tips below to see if any listed can help you deal with your credit pitfall(s). If you have an average to good score and just want to improve it as much as possible then each of the steps below can give you insight into how to do so. Balances: The amount of revolving credit you have compared to the credit that you are using is a large factor in your credit score. It’s best to keep your balances from all of your credit cards under 30% of your revolving credit. Even if you pay off your credit cards every month, the amount of credit you are utilizing is recorded. In short, keep balances low, but also keep paying them off each month so you do not end up with a balance than can’t be immediately paid off. Credit Inquiries: Hard credit inquiries show up on your report for 2 years, but only affecting your score for around a year. Hard inquiries show that you are looking to use additional credit and too many hard inquiries in a short amount of time can negatively affect your credit score. One or two within a year’s time will not significantly affect your score but as that number gets higher it will. One way around this is to make those couple of inquiries within a 30-day period. FICO will count those inquiries as one since oftentimes multiple inquiries in a short period of time results in one loan— meaning you are not in search of multiple lines of credit/loans. But it’s best to be cognizant of this and strategic in how you view your credit report or apply for loans and credit cards. Payment History/On-Time Payments: If you have struggled with paying your bills on time and have seen a suffering credit score then this then would be a main reason behind your low score. And it’s time to take action and change that. This is one of the main factors in your credit score and therefore significantly impacting your score, either negatively or positively. It’s important to do everything in your power to pay all bills on time. Even being just a couple days late on payments will have affect. Length of Credit History: Length of credit is not necessary something that you can completely control. But it does have an affect on your credit score. As the length of your credit increases, and given that you are responsible with your credit, your score will improve. The most important piece to remember here is to be responsible with your credit. So what are you waiting for? If you haven't already, sign up for a free credit score site or find out if one of your credit card companies offers it. Frequently checking and seeing your score rise will provide you with the gratification you need to keep on track.





Posted by Trust Realty One on 6/19/2017

You don’t have to go to a furniture store and spend thousands to find great furniture to fit your home. Secondhand furniture shopping can be a fun and creative hobby that will get you outdoors hunting for the perfect item to fix up for your home. This guide will tell you everything you need to know to help you get the best deals on furniture and how to go about making it your own once you find it.

Furniture sources

Many people think the bargain section of their local furniture store is the best they can do when it comes to saving on furniture. However, there are several better places to start your hunt.

  • Craigslist. The “for sale” section of your local Craigslist is bound to be full of furniture that people are clearing out. Oftentimes people put things on Craigslist that are still in good shape that hoping to make a bit of money from. For best results on Craigslist, sort by “most recent” and by posts that have images. This will give you the best items and ones that are most likely still available.
  • Facebook. Aside from being the go-to place for arguing with your relatives about politics, Facebook is also a great way to find cheap used furniture. Search Facebook for local buy/sell pages for your town or city. Post in these groups with what you’re looking for. Also post what you’re searching for on your own wall. There’s a good chance one of your Facebook friends has something like it.
  • Thrift stores. Secondhand stores like Savers, Goodwill, and Salvation Army all sell furniture in their brick & mortar locations. If you’re bored on a rainy day, head out to the thrift stores in your city to see what they have.
  • Yard sales and flea markets. When the weather’s nice, take a Sunday drive out to some yard sales and flea markets. At yard sales especially people are desperate to get rid of everything so you’re likely to get the best deals.

Making it your own

Aside from getting a great deal, arguably the best part about secondhand furniture is that you get to add your own personal touch to it. Whether it’s reupholstering a sofa, sanding down a bookshelf, or painting a new kitchen chair, you’ll have the gratification of putting in work on your furniture, making it that much more special to you. Here are some furniture items that make great DIY or restoration projects.

  • Tables. Since the weathered and rustic look in in style, finding used tables has become a competitive market. If you have a small kitchen you can turn a old cafe table into your kitchen table. If you need something larger an old work bench can be crafted into a long dining room table.
  • Chairs. Many people think chairs need to come in sets to be worthwhile. However, having mismatched chairs can be a fun way to personalize your kitchen. Paint all the chair legs the same color or sand them and stain them all the same color to give them a sense of unity.
  • Repurposed wood. Pinterest is filled with ideas on how to repurpose used lumber. A wine rack out of an old pallet? There’s a tutorial for that.
  • Sofas. Oftentimes the only thing an old sofa needs is some reupholstering. Buy a secondhand sofa based on its style, not color. You can focus on fitting it to your color scheme when picking a fabric to reupholster with.





Posted by Trust Realty One on 6/12/2017

Who says your ordinary residence can't become a "smart" home? Now, there are many state-of-the-art smart home technologies you can deploy to transform a standard house into one that will capture homebuyers' attention in a competitive real estate market. Some of the top smart home technologies for today's home sellers include: 1. Thermostats Remember the old days when you had to set your thermostat manually? Thanks to high-quality smart thermostats, you can program your thermostat to ensure your home maintains an optimal temperature at all times. Whether you want your home to be warm in winter or cool in summer, a smart thermostat empowers you to maintain the ideal temperature consistently. Also, a smart thermostat may help you cut down on your heating and cooling bills significantly. And if you're able to highlight this energy savings to prospective homebuyers, you may be able to differentiate your residence from others in today's real estate market. 2. Smoke Detectors Imagine what it would be like if you were notified on your smartphone or tablet in the event of an emergency at your home. With top-of-the-line smart smoke detectors, you now can transform this dream into a reality instantly. A smart smoke detector typically is inexpensive but can make a world of difference for homeowners. This device often is simple to set up and guarantees you'll be alerted if your smoke alert goes off. Installing smart smoke detectors throughout your residence is a great way to enhance the quality of your residence. Remember, homebuyers will notice all the small things during a home showing, and the addition of smart smoke detectors could be a positive influence on a homebuyer's decision to purchase your residence. 3. Light Bulbs New smart light bulbs are available that are embedded with deluxe motion sensors. That way, these bulbs can detect when you are in a particular room and illuminate the area accordingly. In addition, smart light bulbs usually are energy efficient, providing you with yet another way to cut down on your energy bills. Implementing smart light bulbs throughout your home may seem costly, but it actually may help you save money over an extended period of time. Furthermore, home sellers who install smart light bulbs can add another distinct feature to their residence, and ultimately, may make their home that much more appealing to prospective homebuyers. Smart home technologies are changing the way homeowners manage their residences, and new devices and tools likely will become available that empower property owners to enhance the quality of their homes as well. However, today's home sellers should take advantage of smart home technologies as much as possible. By doing so, home sellers can work toward improving their residences and maximizing the value of their homes. When it comes to selling your home, you should be prepared to think outside the box. And with smart home technologies, you'll be better equipped to ensure your home makes a memorable impression on homebuyers. Incorporate smart home technologies into your residence today, and you'll be able to improve your residence quickly and effortlessly.







Tags