Category: Real Estate

Things You Need To Know Before Relocating

Whether you are choosing to relocate or your employer has made that choice for you, there are several things you need to know before relocating. Each of these things has an impact on how your life will be going forward and how they will impact your spouse and children, if applicable. Most people might investigate the area or city to which they are relocating just out of curiosity, but for those relocating for work, this research should be classified as a necessity. 

 For one, you should see what part of the city you are relocating to. Is it a nice part of town, or is it so rundown that you should consider moving to another part of that city before you even start relocating? Thanks to internet maps, satellite views, and 360-degree tours, you can see exactly where your new home or apartment is located. For those that have not been part of the relocation choice or process, these technology tools will help them (and you) get a really good look at your new home before you get there.

 Two, research the local schools. How do the district schools rate? Which one is closest to where you will be living? Is there any private school or charter school options? These questions are all very important if you are relocating with children. You want the best possible education and the safest schools for your children when you are a parent.

 Three, find out what the crime rates in the city are like. What was the most prolific crime last year, and does it affect your new neighborhood? For example, were there a lot of break-ins near your future home, or is your home located in a very crime-quiet neighborhood? Knowing what to expect in terms of crime rates and the types of crimes happening in the city and suburbs gives you an idea of what to expect when you finally move there.

 Four, locate the nearest hospitals and health clinics. So many people relocate and fail to do this within the first few months of moving to a new city and then don’t know where to go when they are really sick or have a medical emergency. Googling a city plus hospitals or health clinics helps you know where, how close, and the types of medical services provided by the hospitals and clinics within a few minutes of your new home.

 Five, and finally, compare and contrast rent and mortgage rates where you are headed. Find out what the high and low rental costs are for similar apartments. Then find out what the least and most purchase prices are for single-family homes throughout the city. This usually can be done by contacting one or more real estate agencies and asking for this data. Some of the other data and information mentioned above may also be available through a real estate agency if you ask for it. Having rental and mortgage rates for the city you are relocating to helps you select a new home when you arrive there, and you either are staying somewhere temporarily, or you get to choose your new home before you arrive.

Things to Brainstorm When Looking Into the Housing Market

It doesn’t matter if you are buying or selling a home. Both can be equally frustrating and overwhelming. There are several different factors to think about, and we’re going to go over a few of them. Starting with what to think about when buying a home.

 Where to Live

 The most important thing to think about is where you’re going to live. Will it be out of state? In a different city? And what about safe neighborhoods? These are all the things I thought about when I was looking into buying a home with my family, and you can too.

  • What city to live in: This determines the reason for your move. Your job may be relocating, or you may be moving closer to family. If none of those fit your reason for moving, make sure you’re choosing a safe area.
  • Safety: It wouldn’t hurt to find out about crime rates. You could also ask residents in the area you are thinking of moving to what they think of the area.
  • Children: If you have kids or are planning on having children in the near future, make sure you live close to the best parks in the area and check out the school district. A or B-rated schools are perfect.

 Negotiating Deals

 Have you ever wondered “do I need a broker when house hunting”? Well, when buying a home, it is also important to negotiate a good deal. You need to make sure that the house that you’re planning on buying is worth the money. There are a few factors to think about when negotiating deals that a real estate agent can help with.

  • Take a look around the house you’re planning on buying. If it’s going to take a lot to fix up, then you can see if the owner will drop down on the price a little bit or see if they can fix up the house for you before you move in.
  • Make sure there is a good contract so none of the parties will have the opportunity to back out.
  • Don’t overdo it. Make sure the price of the house fits in your budget. If it doesn’t then, see if they drop the price a little bit so you can afford it.
  • Also, ask if they have payment options that would benefit everyone.

 When selling a home, there are also a couple of different factors to consider. To sell a home, you need to think about price and advertising.

 Price

 When it comes to putting a value on the home, think about how much it would be worth.

  • Amenities: If you have a pool or a huge kitchen, the price of your home will go up. Those are the kinds of things people are looking for in a home and will pay anything to get your home.
  • Do some research on the house and find out the value. Choose a price that will stay within that area.
  • Housing market: Think about the market. Are houses selling? You may want to put a low price on your home so you can negotiate later. It’s important to get people in the house to see it. If there are other people there, they may try to outbuy the other people interested, and your price could go up.
  • You also need to think about the price of your next home because the money you make from the home that you are selling will go towards your next home.

 Advertising

  • Print out flyers.
  • Get a realtor to help you market your home.
  • Take pictures of your home and post them online on housing boards. Also, make sure you include at least a picture of the front of your house on the flyer.

 Whether you are buying or selling a home, it is very important to consider all of these things. This way, buying, and selling will go a lot more smoothly.