Kriss Stevens & Scott Manley - CENTURY 21 Cobb Real Estate



Posted by Kriss Stevens & Scott Manley on 9/16/2018

A successful home search enables you to discover your dream residence at a budget-friendly price. However, conducting a successful house search may be difficult, particularly for individuals who fail to prepare for the homebuying journey. Lucky for you, there are many things you can do to prevent problems as you search for your ideal home.

Now, let's take a look at three tips to help you complete a successful home search.

1. Refine Your Homebuying Criteria

Think about where you want to reside. That way, you can focus on available houses in your preferred cities and towns Ė something that will allow you to speed up your quest to find your dream home.

Also, consider your homebuying must-haves. If you have always wanted to own a house with a spacious backyard, for instance, you can hone your home search accordingly. On the other hand, if you require a home that features multiple bedrooms, you can search for a residence that matches your expectations.

2. Establish a Homebuying Budget

A homebuying budget is crucial because it helps you understand exactly how much you can spend on a house. If you get pre-approved for a mortgage, you can start your house search with a budget in hand.

Meet with a variety of banks and credit unions. Then, you can find out how different types of mortgages work and select a mortgage that complements your finances.

In addition, ask questions about home financing. Banks and credit unions are happy to help you make an informed mortgage selection. If you analyze your home financing options closely, you can choose a mortgage that will serve you well both now and in the future.

3. Collaborate with a Real Estate Agent

A real estate agent takes the guesswork out of a home search. In fact, he or she will go above and beyond the call of duty to ensure you can discover your ideal residence without delay.

Oftentimes, a real estate agent makes it easy for a homebuyer to find a terrific house at an affordable price. This housing market professional simplifies a home search and will keep you up to date about residences that match your property buying criteria. Plus, if you want to buy a home, a real estate agent will help you submit a competitive offer to purchase your ideal house any time you choose.

With a real estate agent at your side, you can streamline the home closing process as well. A real estate agent will help you finalize a house purchase and ensure you can move into your dream residence as soon as possible. Best of all, if you have any concerns leading up to a home closing, a real estate agent can respond to them right away.

As you get set to search for your dream home, you may want to start planning for the homebuying journey. Thanks to the aforementioned tips, you can prepare for the homebuying journey and boost the likelihood of quickly finding and acquiring your dream house.





Posted by Kriss Stevens & Scott Manley on 9/9/2018

Employing a real estate agent offers an ideal first step for those who want to buy the perfect residence, and for good reason.

With a real estate agent at your disposal, you'll be better equipped than other homebuyers to find a wonderful house at a price that matches your budget. Plus, your real estate agent will be able to help you navigate each stage of the homebuying process.

What should you expect after you hire a real estate agent? Here are three things that will happen:

1. You'll narrow your home search.

What are you looking for in the perfect house? Ultimately, you'll need to narrow your home search to ensure that you can discover your dream residence without delay.

Luckily, your real estate agent will allocate the necessary time and resources to help you narrow your home search. By doing so, you'll be able to move one step closer to finding a first-rate home that you can enjoy years to come.

2. You'll visit a wide range of high-quality houses.

Your real estate agent will set up home showings and keep you up to date about open houses in your area. That way, you can stay on top of the housing market, browse a broad array of top-notch residences and find one that suits you perfectly.

As you browse houses, don't forget to provide your real estate agent with questions. This will enable you to make a more informed decision about how to proceed following a home showing or open house.

Furthermore, your real estate agent wants feedback to guarantee that you can explore houses that correspond to your lifestyle and budget. And if you view a home that fails to meet your criteria, let your real estate agent know immediately. This will make it easier for your real estate agent to find houses that meet or exceed your expectations, and as a result, may help you accelerate the homebuying process.

3. You'll submit your first offer on a home.

If you've reviewed a variety of houses and find a residence that you would like to purchase, now is the perfect time to submit an offer.

Your real estate agent will offer recommendations to ensure that you can submit a competitive offer on a house. In addition, this real estate professional can provide details about how long a home has been available, if a home seller has lowered the price of a residence recently and other factors that may impact your initial proposal.

Submitting an offer on a house can be stressful, but you can always reach out to your real estate agent for support. Your real estate agent will keep you up to date about whether a home seller accepts, rejects or counters your offer. And if you receive a "Yes," your real estate agent can help you take the next step toward acquiring your dream home.

Before you begin a home search, hire a real estate agent Ė you'll be happy you did. A real estate agent can simplify the homebuying process and help you achieve your homeownership dreams.




Tags: buying a home  
Categories: Buying a Home   buying tips  


Posted by Kriss Stevens & Scott Manley on 9/2/2018

Ready to purchase a home this fall? To land your dream house at a price that fits your budget, you'll want to know exactly what it takes to browse the real estate market in autumn.

Ultimately, securing a home in fall can be quick and simple, particularly for homebuyers who understand the ins and outs of the autumn housing market. Here are three tips that every homebuyer needs to know to find a house in fall:

1. Examine the Autumn Housing Market Closely

In many instances, a home seller may list a house at the beginning of summer in the hopes of a quick sale. However, a home seller who fails to generate significant interest in his or her residence may be more likely to lower the price of the house to sell the property in autumn.

Homebuyers who study the fall real estate market may be able to identify bargains. These homebuyers should look at factors such as how long a home has been available and the prices of comparable houses in a specific area and plan accordingly.

Furthermore, don't forget to consider your personal budget as you search for homes in autumn. By doing so, you can avoid the temptation to overspend on a residence.

2. Submit Competitive Offers

In fall, if you find a home that you like, you should submit a competitive offer. This may enable you to secure your dream home and accelerate the homebuying process.

Ideally, you should submit a data-based offer, i.e. a proposal that takes into account the current state of the real estate market and the condition of the home. With this proposal, you'll be able to minimize the risk that a home seller will decline your offer or submit a counter-offer.

Although a home may have lingered on the housing market throughout summer and into fall, there is no need to submit a "lowball" proposal, either. Remember, if you submit an offer that is well-below a home seller's asking price, you may miss out on the opportunity to purchase your dream home. But if you submit a competitive offer from the get-go, you can avoid this risk entirely.

3. Collaborate with an Experienced Real Estate Agent

For homebuyers who want to avoid stress as they explore the real estate market, there may be no better option than hiring an experienced real estate agent.

An experienced real estate agent will be happy to help you find your dream home in fall. This real estate professional can set up home showings, provide you with in-depth home listings and help you prepare to submit an offer on a home. Plus, your real estate agent knows how to handle tough negotiations and will work on your behalf to help you secure your dream home at the best price.

Employ an experienced real estate to help you go from homebuyer to homeowner this autumn. With a real estate professional at your side, you can accelerate the homebuying process.




Tags: buying a home   Fall   buyer tips  
Categories: Buying a Home   buying tips  


Posted by Kriss Stevens & Scott Manley on 8/5/2018

With rent prices soaring in many areas of the U.S., renters are starting to consider whether now is the right time to start saving for a down payment on a home.

Depending on where you live and what your timeline is for buying a house, you might be wondering the same thing.

So, in todayís post, weíre going to talk about how to break down your rental costs to determine whether it makes more sense to buy a home rather than continue renting.

Add up your rental costs

There are any number of costs associated with renting depending on your lease agreement. Some renters are required to pay their own heating and utilities, while others have several bonuses thrown into the cost of their rent, such as internet, gym memberships and more.

So, take a minute to write down each of your rental expenses. To get you started, hereís a list of some of the most common costs for renters:

  • Monthly rent

  • Electric bills

  • Heating bills

  • Trash removal

  • Renterís insurance

  • Parking fees

Now that you know how much you put toward renting each month, itís time to take a look at what it could cost you to own a home.

Homeowner expenses

The key thing to remember about buying a home is that your costs can vary widely based on the size of your home, where itís located, and a number of other factors. However, you can often find area averages online.

If youíre considering a starter home (which you should!), then youíll want to look at houses in your area that are on the lower end of the market.

To get an idea of what your mortgage payments and monthly interest will be, you can use a free tool like Bankrate.

Now, letís make a list of your homeowner expenses:

  • Mortgage payment

  • Home insurance

  • Trash removal

  • Utilities

  • Heating and AC costs (plan for higher costs than renting due to more space)

  • Electricity

  • Property taxes (divided by 12)

  • Mortgage insurance (if you donít have a 20% down payment saved)

Cost-benefit analysis of owning a home vs renting

Now that you know the general costs, youíre getting close to knowing whether it would be cheaper or more expensive to buy a home than rent.

However, that isnít the full picture. When you own a home, youíre responsible for maintenance and upkeep. That means you should budget around $250 per month toward maintenance. Even if you donít use that amount each month, thereís a good chance youíll have to make a repair or upgrade, or even hire a professional to come and fix something on your home.

The final piece of the picture involves home equity. When you own a home, most of the money you pay each month to your lender will come back to you in the form of equity. As a renter, your money goes to your landlord and will never be seen or heard from again.

So, if youíve added up your lists, accounted for maintenance costs, and still have enough left over to live comfortably each month by buying a home, you can most likely bet on buying as being a better option.

If not, it might pay off to rent for another year or two while you save up for a down payment so you can get the lowest interest rate and avoid PMI.





Posted by Kriss Stevens & Scott Manley on 7/22/2018

Buying a condo may seem like an uphill climb, particularly for those who are browsing the real estate market for the first time. Lucky for you, we're here to help you take the guesswork out of finding the right condo.

What does it take to locate a high-quality condo at an affordable price? Here are three tips that every first-time condo buyer needs to know.

1. Explore a Wide Range of Condos

The real estate market is filled with many first-rate condos, and the sheer volume of properties that are available may feel overwhelming at times. Therefore, you should allocate the necessary time and resources to find a condo that suits you perfectly.

Don't be afraid to check out several condos over the course of a few days or weeks. By doing so, you can better understand what you'd like to find in the ideal condo.

Of course, if you fall in love with a condo, you should be ready to submit an offer. That way, you can avoid the risk of missing out on a great condo that matches or exceeds your expectations.

2. Determine How You'll Pay for a Condo

Many property buyers get pre-approved for a mortgage, and for good reason. With a mortgage in hand, you'll know exactly what you can afford as you review the real estate market.

Meet with a variety of banks and credit unions. These lenders will be able to provide you with multiple mortgage options and respond to your financing concerns and queries.

Also, keep in mind that the price of a condo may extend beyond your monthly mortgage payments.

In many instances, condo communities have homeowners' associations (HOAs) in place that will charge monthly fees. Learn about any HOA fees in advance, and you'll know exactly what you'll need to pay each month to live in a particular condo community.

3. Work with a Real Estate Agent

No one should be forced to evaluate condos on their own. Fortunately, you can hire a real estate agent to streamline the process of finding a terrific condo.

A real estate agent with condo experience understands the hurdles that may arise during a condo search. As such, he or she will do whatever it takes to ensure you can get the best results possible as you look for the perfect condo.

For instance, a real estate agent will set up condo showings and keep you up to date about open houses. This real estate professional will even negotiate with a condo seller on your behalf, which means you won't have to worry about breaking your budget to purchase a stellar condo.

Employing a real estate agent enables you to get expert advice at each stage of the condo buying process too. Thus, you can receive instant responses to your condo buying questions at any time.

Simplify the process of buying your first condo Ė use the aforementioned tips, and you can boost your chances of acquiring a superb condo at a budget-friendly price.




Tags: buying a home   buyer tips   condo  
Categories: Buying a Home   Condo   buying tips