Annemarie Torcivia - RE/MAX  Trinity



Posted by Annemarie Torcivia on 7/3/2017

Home sellers often face an uphill climb to maximize the value of their residences, and perhaps it is easy to understand why.

In many instances, dozens or hundreds of home sellers may compete against one another to generate interest in their properties. Plus, home sellers who fail to allocate the necessary time and resources to enhance their residences may struggle to differentiate their houses from others.

Fortunately, there are many quick, easy ways for home sellers to gain a competitive edge in any real estate market, at any time. Some of the best ways for home sellers to gain a competitive advantage over rivals include:

1. Focus on Improving Your Home's Curb Appeal

You only get one chance to make a positive first impression on homebuyers, so why not make the most of it? Ultimately, home sellers who spend some time revamping a house's curb appeal may be able to generate substantial interest from homebuyers.

Simple home exterior maintenance tasks such as mowing the front lawn, trimming the bushes and clearing walkways can make a world of difference in homebuyers' eyes. Thus, home sellers who complete various home exterior enhancements could accelerate the home selling process.

2. Be Ready to Act Quickly on Offers

As a home seller, try to be as flexible as possible, particularly when it comes time to accept, reject or counter a homebuyer's offer.

A home seller who conducts plenty of housing market research will understand the true value of his or her residence. As such, this home seller will be able to act quickly and determine whether a homebuyer's proposal meets his or her needs.

In addition, be ready to negotiate with homebuyers. And remember, if a homebuyer submits an initial offer that is close to your expectations, you can always counter his or her proposal.

3. Collaborate with a Real Estate Professional

When it comes to selling a home, there is no better option than hiring an experienced real estate agent.

Your real estate agent will help you set up home showings and open houses, keep you up to date about offers on your residence and help you handle home selling negotiations. This real estate professional also can provide feedback about your home, ensuring that you can make the necessary home improvements to help your residence stand out from others.

Furthermore, your real estate agent is ready to respond to your home selling concerns and queries at any time. If you ever have questions about how to price your home competitively or how to proceed with an offer on your house, your real estate agent will be able to offer expert guidance.

With an experienced real estate agent at your side, you can navigate the home selling process with ease. This real estate professional will go the extra mile to ensure that your residence will impress homebuyers. As a result, your real estate agent can help you gain a competitive edge over home selling rivals.




Categories: Uncategorized  


Posted by Annemarie Torcivia on 6/26/2017

Apartment living attracts the Millennial generation and older adults. People are attracted to apartment living, in part, because apartments are generally centrally located. Apartments are near public transportation, shopping centers, grocery stores and restaurants.

Make apartment living do more than put a roof over your head

Better yet, there are generally no maintenance costs associated with living in an apartment. Live on the top floor of an apartment building and experience a roof leak, and all you generally have to do is pick up the telephone and call the management or maintenance office.

Although you won't have to pay to get a problem fixed, when you live in an apartment, you learn about repairs that are typically needed around a home. This makes apartment living more like owning a home than staying with your parents does. If you're thinking about renting an apartment, you could be making a smart move. Checkout these other ways that apartment living can prepare you for buying and maintaining a house:

  • Gets you accustomed to managing a budget so that you can meet your monthly rent
  • Lets you find out firsthand how important it is to meet your financial obligations. If you don't pay your rent on time, you could receive an eviction notice.
  • Shows you how not taking care of household appliances can leave you without dish washer, clothes washer, dryer and other conveniences. For example, if you over load a washing machine, you could cause the machine to break or flood. Over load your clothes dryer or not clean out the filter and  you could cause the appliance to over heat. Although you can put in a maintenance request, you may have to go a day or longer without the appliances before they are fixed.
  • Teaches you about the importance of having residential insurance. Many apartments recommend or request that you have renter's insurance.
  • Is a great way to see what your home will look like if you don't clean up after yourself. Leave food on the counter, the floor dirty and clothes laying on the floor and you could run out of pants and shirts to wear to work. You could also attract pests into your home.
  • Prepares you to deal with neighbors directly and indirectly. You'll learn how to communicate with people with diverse interests.

Buy a house could be easier if you start out in an apartment

Living in an apartment can serve as a step toward home ownership. Apartment living makes you aware of residential repairs needed to maintain a property. While you live in an apartment, you can also learn about non-typical repairs, including unexpected appliance breaks.

Other outcomes of apartment living are the chance to learn whether you're better off living at a property that has uncovered or covered parking. You can also learn how to deal with neighbors, manage pets and accommodate guests. Most of all, apartment living prepares you for the financial responsibility of paying a monthly mortgage.





Posted by Annemarie Torcivia on 6/19/2017

Once you have gone through the pre-approval process and have narrowed down your home search, there’s a good chance you’ll soon find a place that you want to make an offer on. This can seem like a huge step for any first time homebuyer. Even seasoned home buyers feel butterflies when the time comes to make an offer on a home they love. Before you even start your home search, you should become educated on how to make a good offer in order to land the property that you really want. There’s so many factors that effect your offer including the surrounding properties and the current state of the market. Here are a few very important pieces of advice that you should heed in order to have a successful time securing a home and closing the deal. 

Craft A Persuasive Offer

In many areas there’s a low inventory of homes and a high number of those seeking to buy. This means that you’re not guaranteed to get a property that you have made an offer on. Lowball offers might not be at all competitive and even insulting to sellers in certain markets. Often, you may need to make an offer of more than the asking price if you’re in love with a home. By working with your real estate agent and doing the right research, you can craft an offer on a home that will be compelling for sellers.    

Decide On Your Contingencies 

Once an offer has been accepted, it’s time to get to work on those contingencies. Be especially mindful of financing contingencies. If something falls through in the process, you’ll want to be sure you can get the deposit you made back. Also keep in mind that sellers love reliable buyers who have already been preapproved.  

Home inspection contingencies are another area of importance. After you sign the purchase agreement and the inspection is complete, you’re allowed to ask the seller to make repairs or provide you with a counter offer. While this can be one of the more nerve-wracking aspects of home buying, it has many positives. Home inspections protect buyers from purchasing a home that they can’t live with in cases of extreme mold, termites and other environmental and structural issues. 

The appraisal contingency is also important. In order for you to qualify for a loan, the property must be appraised. The property must be valued at or above the purchase price. A loan will only be approved by a lender up to the appraised value. If your home loan is $400,000 but your home of choice is appraised at $390,000, you’ll have a problem.       

Your Finances Matter Until You Get To The Closing Table

Don’t go crazy with all kinds of purchases before you reach the closing table. Opening a new credit account at your favorite furniture store, for example, could lead to a disastrous surprise on closing day. Hold off on big purchases until after you secure your home. Also avoid making large transfers or deposits from your bank account. don’t do anything to negatively affect your credit score

  

Know What To Bring To The Closing

Don’t show up to the closing for your home purchase unprepared. You’ll need to have the following items: 


  • Photo ID
  • Checkbook
  • Cosigners 



Think Ahead


Be sure that you think of the future when you’re purchasing your home. You’ll need to have enough cash flow to pay for things like property taxes, home insurance, utility bills and even new furniture for your home. Plan your future mortgage payments accordingly. Some companies have payments that are monthly or bimonthly. 


While buying a home is a huge undertaking, with the right plans in place, the process will be as seamless as possible. With the right plans, the moving truck will be pulling into the driveway before you know it.      




Categories: Uncategorized  


Posted by Annemarie Torcivia on 6/12/2017

Owning your own home offers you the chance to direct more of the decorative, structural and spacing options at your residence. You won’t have to accept design changes that a landlord makes. You also won’t have to clear it through your landlord before you allow a relative or friend to move in with you. When you own your own house, you also have equity to transfer to your children.

Don’t rob yourself of the business of owning a house

It’s this equity that can lower housing costs for your adult children. Depending on their personal situation, your children could also sell the house that you will to them and use the finances to buy a more modern home. They could also use money from the sale of your house to pay for their children’s college education, to start a business or to grow their savings.

But, owning a house is not magic. Even when lenders are lax, there are certain reviews that they conduct before they enter a mortgage agreement with you. Whether you realize it or not, you could be robbing yourself of the chance to own a home due to the way that you conduct your personal affairs, because of habits that you refuse to let go of.

In fact, incorrect statements and erroneous beliefs could set you up for one mortgage disaster after another. Even if you do get approved for a mortgage, you could end up paying higher interest rates. You could also be forced to move into at risk neighborhoods.

Habits that could put owning a home out of reach

Here are a few examples of thought and behavior habits that could rob you of the chance to own a good house years from now:

  • Asking high school and college friends for money whenever you spend all of your paycheck on clothes, concert tickets, dining or another source of entertainment
  • Giving people excuses as to why you cannot repay them money that they loaned you
  • Thinking that if people love you, they will always bail you out of poor financial decisions that you make
  • Blaming the government for your financial situation, especially when you regularly pay your bills late and started the habit while you were still living at home with your parents
  • Lying to bill collectors when they ask you when you are going to pay your bill
  • Thinking that your employer and other business owners have an endless supply of money, so you don’t really have to pay them
  • Buying products and services to feed emotions or perceived lacks in your life
  • Spending money to impress others

As early as middle or high school, you could start to develop thought patterns and behavioral habits that may hurt your house buying success in the future. Practice awareness so that you can spot yourself developing negative habits and unrewarding ways of thinking. Surround yourself with people who pay their bills on time and take full responsibility for their lives.

Stop yourself from believing that it’s normal to lie to vendors and that it’s marketers who are responsible for your overspending habits and not you. Set yourself up for success. Give yourself a chance to own a home in an progressive neighborhood, the type of home that your children can benefit from living in or selling generations from now.




Categories: Uncategorized  


Posted by Annemarie Torcivia on 5/29/2017

If you’re hunting for a new home, it can be tempting to make an appointment to view as many as possible. However, it can be a better use of your time to narrow down the search beforehand and eliminate houses from your list based on some at-home research. That way you can use those extra hours for fine-tuning your home search and make sure you visit only the houses that will suit your every need.

In this article, we’ll teach you some ways to research a home, neighborhood and town before you take the time to visit.

Things to Research about Your Potential New Neighborhood

So you’ve found a listing that looks nice. Your next step should be to find out as much as possible about the area the home is in to make sure it suits your needs.

A good first step is to head over to Google Maps to find out which amenities are in the area. Schools, banks, grocery stores, restaurants, hospitals, parks… the list goes on. This is also a good time to map out how long it will take you on average to drive to work from this house and to see if it will lead you through any high-traffic areas that might affect your daily schedule.

You can also research other homes in the area to see if the house is selling higher or lower than average. This will give you a question to ask the real estate agent if you choose to reach out for further information.

Town statistics

Another step to take on Google for this home is to look up statistics for things like neighborhood crime, ratings for the school district, and the state of local businesses.

Is the area up-and-coming with healthy businesses and low crime? If so, it could be worth pursuing further.

If you’re planning on having children or already do, the quality of the education could be of importance to you.

Finally, get an idea of the local tax rates so you know how much you’ll owe the government for your property and excise taxes.

Researching the house itself

If you’re comfortable with the town and neighborhood, there’s still some research you can do online before you schedule a showing.

See if you can find out if the house belongs to a homeowner’s association. Look up their rules and fees to see if they’re agreeable to you and your family’s lifestyle and plans for the future.

Look up the sale history for the home. If there are several recent sales, this could be a sign of problems with the home or neighborhood. Similarly, if the price has increased or decreased dramatically more than nearby houses, consider asking the real estate agent why this is.

Finally, see if you can view the number of days the home has been on on the market, commonly abbreviated as “DOM.” This will give you some insight as to how desirable the home and neighborhood are.


Once you have all of the information at your disposal, you’ll be in a position to decide whether or not to schedule an appointment to view the home.