Kim Daneault
KELLER WILLIAMS REALTY / Metropolitan | 603-345-7783 | [email protected]


Posted by Kim Daneault on 11/29/2020

Let's face it clutter is an eyesore that all home sellers can live without. However, removing clutter before you list your house may prove to be difficult, particularly for those with limited time and resources at their disposal.

Fortunately, we're here to help you streamline the decluttering process. That way, you can speed up the process of improving your house's appearance and get your residence show-ready.

To better understand how to effectively declutter your home, let's take a look at three best practices for decluttering:

1. Organize Your Belongings

Old electronics, broken exercise equipment and other items can take up lots of space in your home. If you take a look at all of your belongings, you can differentiate clutter from items that you'd like to keep.

If you haven't used an item in several years or an item simply takes up space in your house, this item likely is clutter. As such, you should eliminate this item from your premises as soon as possible.

On the other hand, items that you use regularly or items that have sentimental value may prove to be keepers. With these items, you should store and maintain them properly to reduce the risk of deterioration.

2. Get Rid of Items That You No Longer Need

There may be a wide range of clutter scattered throughout your house. Although your first instinct might tell you to throw out excess items, it is important to consider whether these items could be sold or donated.

Even though a particular item no longer serves your needs, you may be able to sell this item to the highest bidder. Thus, if you post an item online or host a garage sell, you could earn extra cash by selling your clutter.

In addition, many charities will accept items that you no longer need. If you have excess items that are working properly, reach out to local charities, and these organizations may be able to pick them up at your convenience.

3. Consult with a Real Estate Agent

If you plan to list your home in the next few weeks, consulting with a real estate agent is ideal. This housing market professional can offer expert decluttering recommendations and help you get your house ready for the real estate market.

Typically, a real estate agent will meet with you, evaluate your house and learn about your home selling goals. He or she also will explain the home selling process and ensure you know what to expect before you list your residence.

In most instances, a real estate agent will set up home showings and open houses, notify you about offers on your house and provide various home selling recommendations and suggestions. Plus, if you ever have questions about decluttering your home or other home selling topics, a real estate agent can provide immediate answers.

Simplify the process of decluttering your house use the aforementioned tips, and you can remove clutter from your residence in no time at all.





Posted by Kim Daneault on 11/22/2020

The amount of money you will need to ensure you can purchase a house varies based on a number of factors. For example, if you want to purchase a house in a big city, you may need to save more money than you likely would require to buy a residence in a small town. Meanwhile, your decision to choose a fixed-rate mortgage over an adjustable-rate mortgage or vice-versa can impact your monthly housing costs. And let's not forget about the costs of home utilities like electricity and water, either.

Ultimately, it helps to put together a homebuying budget before you embark on a house search. Because if you know how much money you have at your disposal, you can map out your house search accordingly. And as a result, you can minimize the risk of spending too much to acquire your dream residence.

Let's now take a look at three tips to help you craft an effective homebuying budget.

1. Evaluate Your Current Expenses

An in-depth assessment of your current monthly expenses is key. If you conduct an expense evaluation, you can find out how much you spend on various must-haves and wants. You then can take steps to reduce your monthly expenses and increase your savings for a new home.

It also never hurts to consult with a financial planner. If you have a financial planner at your side, you can gain expert insights to help you evaluate your current expenses. Plus, you can work with a financial planner to determine the best course of action so you can eventually buy your dream residence.

2. Get Pre-Approved for a Mortgage

Meet with a variety of banks and credit unions and explore your mortgage options you will be happy you did. If you assess your mortgage options closely, you can find one that complements your finances. And once you get pre-approved for a mortgage, you will know how much you can spend on a house.

Generally, it is beneficial to meet with as many banks and credit unions as you can. If you consult with myriad lenders, you can receive extensive insights into many mortgage options. Best of all, you will be better equipped than ever before to find the lowest-possible interest rate on a mortgage.

3. Consider Your Down Payment Options

The down payment required for a home purchase varies, but it commonly ranges between 5 percent and 20 percent of a house's total price. If you account for a down payment as you craft a homebuying budget, you can use this total to plan ahead for the property buying journey.

Lastly, you may want to collaborate with a real estate agent as you prepare to launch a home search. In addition to helping you find your dream residence, a real estate agent can put you in touch with potential lenders and offer plenty of guidance throughout the property buying journey.

Ready to pursue a home? Use the aforementioned tips, and you create a successful homebuying budget.




Categories: Uncategorized  


Posted by Kim Daneault on 11/15/2020

Image by Muntzir Mehdi from Pixabay

A seller's market poses a challenge for any buyer - when there are more buyers competing for homes than there are homes in market, you have to be ready to move swiftly when you find a home you like. Since the inventory of luxury homes is usually small when compared with more conventional homes on the market, a seller's market could make it more difficult to get the home you want, even if your financial details are in order and you're ready to buy. 

What is a Seller's Market? 

A seller's market simply means that there are more people who want to buy a home than there are homes for sale. When this happens, homes can move very swiftly -- some will sell within days of listing -- and buyers need to be able to offer appealing contracts to secure a home. While the luxury market often contains a smaller inventory, there are also fewer buyers competing for homes, but the market can still favor sellers. 

Tips for Buying a Luxury Home in a Seller's Market

Visit in Person: Your real estate agent can help narrow down the possibilities and you can even send someone ahead to take a first look for you -- but you should view the home sooner rather than later if you want to see it in person before you buy. Luxury homes in high end vacation destinations can go very quickly in a sellers market, so you may not have the amount of time you are used to for viewing the property. 

Streamline the Process: Work with your luxury real estate agent to prepare a compelling offer that is free of contingencies, or as free as it can be. The fewer conditions you have and the easier you are to deal with, the more likely it is the seller will accept your offer. Offer a swift and easy closing, request no contingencies and be ready to go swiftly when you find the home you want.  

Have Financing in Place: If you need a mortgage, you should have your details worked out and ready to go. A seller with an advantage will be reviewing multiple offers and yours should indicate there will be no delays in closing. If you are a cash buyer, the funds should be available in time for closing; make preparations early and assume you will need to close within a month. 

Be Prepared to Pay Full Price: The most common impact of a seller's market is that homes sell for the asking price -- or even more than the list price. Your agent can help you determine if a full price offer is right, or if you should even consider offering above the selling price. This is most likely in a hot market where homes are selling as soon as they list. If the home is still available after a week on the market, a full price offer may not be needed, if everything else is in order. 

Make the most of the process by working with a skilled agent who is familiar with the complexities and demands of the luxury market. They will be more adept at helping you find and secure the property you want than a conventional agent. When you do find a home you like, be ready to act quickly so it does not get away; these steps will help ensure you don't miss out on a property you love. 




Categories: Uncategorized  


Posted by Kim Daneault on 11/8/2020

The home selling journey may seem endless at times. Fortunately, once you accept a buyer's offer to purchase your home, the finish line of this journey may be in sight.

There are many things that a house seller can do to streamline the process of reaching a home closing date, and these include:

1. Establish Realistic Expectations

Although accepting an offer to purchase is a big step forward in the house selling journey, it is important to remember that many steps still need to be completed before you finalize your house sale. However, if you establish realistic expectations for the home selling journey, you can plan ahead for the steps you'll need to complete after you approve a buyer's offer to purchase your house.

Typically, a buyer will request a home inspection after you accept his or her offer to purchase your residence. If the inspection reveals there are no major problems with your house, you may be able to finalize a home sale in a matter of weeks.

On the other hand, if a home inspection raises concerns about your residence, you can always try to negotiate with a buyer. If you complete home repairs or offer a reduced price for your residence, you may be able to speed up the house selling process following an inspection.

2. Keep in Touch with a Buyer

It is important to maintain open lines of communication with a buyer as you work toward the conclusion of the house selling journey. If you work with a buyer to finalize a home transaction, you can minimize the risk of encountering time-consuming problems along the way.

If you have concerns or questions as you work toward the finish line of a home sale, don't hesitate to contact a buyer or his or her real estate agent. That way, you can address any concerns or questions and resolve potential problems before they escalate.

3. Work with a Real Estate Agent

Collaborating with a real estate agent can make a world of difference for any house seller, at any time. In fact, if you have a real estate agent at your side, you should have no trouble achieving your desired home selling results.

A real estate agent is happy to work with you throughout the home selling journey. He or she will promote your residence to potential buyers and help you analyze offers to purchase your house. Then, when you are ready to accept an offer to purchase, a real estate agent will help you finalize a house sale.

The days and weeks leading up to a home closing can be stressful, but a real estate agent can help put your mind at ease. He or she will offer expert tips and recommendations as you navigate the home selling journey. As a result, a real estate agent will make it simple for you to quickly and effortlessly sell your house.

Enjoy a successful home selling journey use the aforementioned tips, and you can limit risk as you conclude the home selling process.




Categories: Uncategorized  


Posted by Kim Daneault on 11/1/2020

Photo by Lukas from Pexels

If you're ready to get serious about your home buying journey, one of the first steps is seeing various lenders. As you become more familiar with the process, you'll likely hear the terms preapproval and prequalified mentioned again and again. We'll look at how each letter works and what you should know before approaching a home seller. 

Prequalification Vs. Preapproval 

The key difference between a preapproval and prequalification is that the preapproval letter is much more involved. With a prequalification, the lender will look at the general state of the buyer's assets before estimating how much home they're likely to afford. Lenders are not diving into the buyer's past, which can make real estate agents wary of accepting prequalification letters. 

Preapproval 

With a preapproval letter, you're typically asked to provide the following:

  • Two year's worth of W2s
  • A month's worth of paystubs 
  • Two month's worth of bank statements 
  • Social security card 
  • Considering the amount of paperwork you need to provide (and the lender needs to process), preapproval letters can take months to generate. On the other hand, a prequalification letter can be procured in little more than 24 hours. 

    Additional Facts 

    Here are a few facts that can help you know more about what to expect:

  • Preapproval letters can cost several hundred dollars to generate. We recommend starting with your financial institution because you already have a relationship with them, and they may not charge as much. 
  • You may be able to lock down interest rates at the time of your preapproval letter. This is exceptionally helpful for those who want to know what their payments will be down to the penny. 
  • Make sure to calculate closing costs beforehand so you know exactly how much you'll owe out-of-pocket. 
  • Does It Help to Have Both?

    Not necessarily. Prequalification letters are generally recommended for homebuyers who may not know for sure if they're ready to buy. It's a general indication of how much money you'll get, which can help you decide if it's enough to get a preapproval letter. If you're in a buyer's market, you may be able to get away with a prequalification. However, it's generally the far less coveted letter that you can have. 

    A preapproval letter is definitely the best letter you can take to a seller when you're ready to make a bid on a home, but it's important to note that even these letters may fall through. For example, if a major event occurs (e.g., a job loss, etc.) between when your financial institution issued the letter and when you close on the home. Talking to a real estate agent or financial expert can make it easier to navigate it all. 




    Categories: Uncategorized  




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