Wendy Johnson - RE/MAX Professional Associates



Posted by Wendy Johnson on 10/28/2020

Image by Shahid Abdullah from Pixabay

A home inspection is a service that’s usually paid for by the buyer in a real estate transaction, and you have the option to forgo this when you’re purchasing a house. In almost every situation, however, real estate agents recommend getting a  home inspection. Here’s why an inspection is so important.

What is a Home Inspection?

A home inspection is essentially an audit of a home’s structure and vital systems, and the audit is performed by a home inspector. Home inspectors are independent parties, which allows them to provide objective assessments, and they specialize in this particular service. Home inspectors have a broad knowledge about foundations, structural integrity, HVAC systems, plumbing systems and much more.

A basic home inspection generally includes an assessment of the house’s structure and essential systems. Some inspections will also check for mold, pests, lead paint and other potential issues.

How Much Does a Home Inspection Cost?

The cost of a home inspection is usually based on the size of a home and what exactly an inspector is looking for. An inspection that checks for mold and pests will typically cost more than only a basic inspection that looks at structural integrity and essential systems. Even among basic inspections, there are sometimes varying levels that cover different systems at different costs.

Despite the variance in price, however, home inspections tend to be quite affordable. Most inspections cost a few hundred dollars for a fairly common single-family house.

What Do You Do With Results from a Home Inspection?

After a home inspection is complete, the inspector will furnish a report that details their findings. Few homes are absolutely perfect, and there are normally at least a few issues noted on an inspection report. Depending on what the real estate market is like and what’s noted on a report, there are a few ways you might use this information.

First, the report at least tells you what issues the house has so that you can make sure you want to purchase the property. Second, you can also use the report to prioritize projects once you own the building. Finally, sometimes items in a report can be used to negotiate the sale price lower.




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Posted by Wendy Johnson on 8/19/2020

If you want to streamline your home search, there is no need to worry. In fact, there are several things you can do to quickly and effortlessly discover a great house at a budget-friendly price.

Now, let's take a look at three tips to help you streamline your search for your ideal house.

1. Create Homebuying Criteria

Homebuying criteria may help you save time as you embark on a quest to find your dream home. Because if you enter the housing market with homebuying criteria in hand, you'll know what you want to discover in your ideal residence.

To create homebuying criteria, think about your home must-haves and wants. Then, you can search for houses based on your homebuying criteria and move one step closer to finding a residence that you can enjoy for years to come.

Of course, it is important to remain flexible as you pursue your dream house too. And if necessary, you should be ready to adjust your homebuying criteria as your home search progresses.

2. Hone Your Home Search to Preferred Cities and Towns

You know you want to buy a house, but you still have no idea where you want to settle down. If you make a list of preferred cities and towns, however, you may be able to accelerate your home search.

Consider your short- and long-term aspirations as you prepare a list of preferred cities and towns. For instance, if your long-term goal is to work in the city, you may want to focus on houses in or near the city itself. On the other hand, if you want to own lots of land in a small town, you may want to consider small town residences.

3. Work with a Real Estate Agent

Searching for a home on your own may prove to be time-consuming. Fortunately, real estate agents are homebuying experts who are happy to help you simplify your house search.

By hiring a real estate agent, you can receive comprehensive assistance throughout the property buying journey. A real estate agent will teach you about the housing market and respond to your homebuying concerns and queries. Plus, he or she will offer recommendations and suggestions to help you make an informed home purchase.

In addition, a real estate agent is ready to assist you in a number of ways. He or she will set up home showings, keep you up to date about new houses that become available in your preferred cities and towns and help you submit a competitive offer to purchase your dream home. Perhaps best of all, a real estate agent will do whatever it takes to help you acquire a terrific residence at an affordable price.

As you get set to embark on a home search, it generally is a good idea to enter the housing market as a prepared property buyer. Thanks to the aforementioned tips, you can conduct an in-depth home search without delay. And as a result, you can use these tips to discover your dream house in no time at all.





Posted by Wendy Johnson on 7/15/2020

If you want to buy a house, it pays to enter the real estate market with a checklist in hand. That way, you can streamline the process of going from homebuyer to homeowner.

Now, let's take a look at three things to include in your homebuying checklist.

1. Your Budget

Your budget will dictate whether you're able to afford a condo, luxury home or something in-between. As such, you'll want to assess your finances closely as you determine exactly what type of house that you can afford.

Oftentimes, it helps to get a copy of your credit report. You are eligible to receive one free copy of your credit report annually from each of the three credit reporting bureaus (Equifax, Experian and TransUnion). If you know your credit score, you can determine whether now is a good time to enter the real estate market, or whether you should improve your credit score first.

You may want to consult with several banks and credit unions too. These financial institutions can teach you about various mortgage options and help get pre-approved for a mortgage. Then, once you have a mortgage, you'll know exactly how much you can spend on a house and tailor your home search accordingly.

2. Where You Want to Live

Living in the suburbs is very different from residing in the city. Therefore, you'll want to consider where you want to live so that you can search for a home in specific areas.

For example, if you prefer the peace and quiet of a small town, you may want to consider houses in small towns in the state of your choice. These towns may feature dozens of available homes. Plus, in many instances, small town houses are priced lower than big city residences.

Or, if you enjoy the hustle and bustle of the big city, you can search for residences in any city, at any time. These houses likely will ensure that you'll have quick, easy access to a variety of big city attractions and landmarks.

3. Real Estate Agent

There is no telling whether you're about to enter a seller's or buyer's market, as the housing sector often fluctuates. Fortunately, if you hire a real estate agent, you can increase the likelihood of a quick, successful homebuying experience, regardless of the current housing market's conditions.

A real estate agent is committed to your homebuying success and will do what it takes to help you find the right home, at the right price. He or she will learn about your homebuying goals and offer expert insights into the real estate market. Also, if you ever have homebuying concerns or questions, a real estate agent is available to address them.

For those who want to streamline the homebuying process, it helps to hire a real estate agent. And if you hire a real estate agent today, you can get the assistance that you need to make your homeownership dream come true.

Get started on your homebuying checklist, and you can simplify the process of acquiring your ideal residence.




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Posted by Wendy Johnson on 6/24/2020

Buying a home can be fast and easy for just about anyone. However, becoming the "perfect" property buyer can be challenging, particularly for those who are shopping for a house for the first time.

The perfect homebuyer understands what it takes to land his or her ideal house at the best price. As such, he or she will know how to handle difficult homebuying situations and streamline the process of going from property buyer to property owner.

Ultimately, becoming the perfect homebuyer may be easier than you think – here are three tips to help you acquire your ideal residence quickly and effortlessly.

1. Study the Real Estate Market Closely

The real estate market has many ups and downs, but the perfect homebuyer will know the ins and outs of the housing sector. By studying the real estate market closely, this property buyer will be able to identify the right opportunities and overcome any potential homebuying hurdles.

Spend some time looking at the prices of homes that are currently available. This will allow you to find homes at price that you like – and homes at prices that you don't like – and map out your homebuying journey accordingly.

Also, take a look at homes that recently sold in cities or towns where you'd like to live. This will enable you to differentiate between a buyer's market and a seller's market.

2. Know What You Can Spend on a Home

The perfect homebuyer should have no trouble avoiding the temptation to overspend on a house. In fact, this homebuyer will understand how to get pre-approved for a mortgage, which will ensure that he or she can establish a property buying budget.

To get pre-approved for a mortgage, a homebuyer should meet with several banks and credit unions. Each meeting will enable a homebuyer to learn about the mortgage options that are available from a variety of lenders. Plus, a homebuyer can ask questions and discuss myriad mortgage options with these lenders.

With pre-approval for a mortgage, a homebuyer will be able to enter the housing market with a budget in hand. Then, this property buyer can narrow his or her search for the ideal residence.

3. Collaborate with a Housing Market Professional

Becoming the perfect homebuyer may require you to receive housing market guidance at times. Fortunately, if you work with a real estate agent, you can get top-notch support as you navigate the homebuying journey.

A real estate agent is a housing market professional who will go above and beyond the call of duty to assist you. He or she will be able to provide homebuying recommendations to help you make informed decisions. Also, a real estate agent will be able to keep you up to date about new houses as they become available, guaranteeing that you can speed up the homebuying process.

When it comes to buying a home, it is essential to do whatever it takes to acquire a first-rate residence at a budget-friendly price. Take advantage of the aforementioned tips, and you can move one step closer to doing just that.




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Posted by Wendy Johnson on 4/1/2020

For those who want to enjoy a quick, seamless homebuying experience, it helps to prepare as much as possible. In fact, those who plan ahead may be better equipped than others to avoid various challenges throughout the homebuying cycle.

From struggling to obtain home financing after a seller accepts your offer to purchase to struggling to find the right home in one of your preferred cities and towns, myriad issues may make it tough for you to achieve your desired results on the homebuying journey. Fortunately, we're here to help you minimize risk as you pursue your dream residence.

Now, let's take a look at three tips to help you avoid a homebuying fiasco.

1. Establish Homebuying Criteria

If you enter the housing market with criteria in hand, you can narrow your house search. As a result, you may be able to accelerate your journey from homebuyer to homeowner.

Think about where you want to live. Then, you can hone your home search and focus exclusively on houses in specific cities and towns.

It also may be beneficial to establish a list of home must-haves and wants. This list can help you determine exactly what you want to find in your dream house so you can map out your home search accordingly.

2. Get Pre-Approved for a Mortgage

There is no need to wait to get a mortgage. Thankfully, lenders are available that can help you get approved for a mortgage before you kick off your home search.

Meet with a variety of banks and credit unions – you'll be glad you did. This will allow you to learn about the ins and outs of different mortgage options.

Furthermore, don't hesitate to ask questions about all of the mortgage options at your disposal. Because if you understand exactly how a mortgage works, you can make an informed mortgage decision.

3. Collaborate with a Real Estate Agent

When it comes to avoiding problems during the homebuying journey, it generally is a good idea to hire a real estate agent. This housing market professional will offer comprehensive support at each stage of the homebuying journey. By doing so, a real estate agent will ensure you can quickly and effortlessly navigate the housing market.

For example, if you want to find a house in a small town, a real estate agent will help you explore residences that match your expectations. He or she will set up home showings and keep you informed about open house events. Plus, if you identify your dream house, a real estate agent will help you submit a competitive offer to purchase.

Let's not forget about the housing market expertise that a real estate agent possesses, either. If you ever have concerns or questions as you pursue your dream house, a real estate agent is happy to address them at any time.

Want to discover your dream residence? Use the aforementioned tips, and you can reduce the risk of encountering problems as you search for your ideal residence.




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