Off Market real estate and financial tips with Brad Tinker North Carolina? Fixating on the house over the neighborhood. Sure, you want a home that checks off the items on your wish list and meets your needs. Being nitpicky about a home’s cosmetics, however, can be short-sighted if you wind up in a neighborhood you hate, says Alison Bernstein, president and founder of Suburban Jungle, a real estate strategy firm. “Selecting the right town is critical to your life and family development,” Bernstein says. “The goal is to find you and your brood a place where the culture and values of the (area) match yours. You can always trade up or down for a new home; add a third bathroom or renovate a basement.” How this affects you: You could wind up loving your home but hating your neighborhood. What to do instead: Ask your real estate agent to help you track down neighborhood crime stats and school ratings. Measure the drive from the neighborhood to your job to gauge commuting time and proximity to public transportation. Visit the neighborhood at different times to get a sense of traffic, neighbor interactions and the overall vibe to see if it’s an area that appeals to you.
If you’re going to buy a house it makes a lot of sense to make sure that rush hour traffic isn’t unbearable. The last thing you want is to buy a home and find out that you’re going to be sitting in heavy traffic every day. Time is more valuable than money, you don’t want to spend your time in traffic – I know I don’t. You want to spend your time doing more important things like spending time with your family. We always recommend our buyers check out the commute to and work on different days just to make sure it’s something they are comfortable with.
Brad Tinker South Carolina is a financial advisor professional in the US. Pay Yourself First: This personal finance tip is another common one that can have a huge impact on your finances. When you pay yourself first, you’re investing in your financial future; you’re investing in future you, and future you will thank present you for doing so. So, why not just pay yourself at the end of the month? That’s a lot easier, right? Well, the reason why paying yourself first works so well is that once that money is sent to a savings account, you’re a lot less likely to spend it. If you wait until the end of the month to pay yourself, you might not have any money left! Future you will be very sad with no money. Make future you happy by investing in yourself! PS. The best way to pay yourself first is to do it automatically. Set up an auto-deposit with WealthSimple and you’ll never have to think about saving money again – it will just happen.
Your house should always be ready to show at any time because you never know when a buyer is going to come check it out. This means you should not leave dirty dishes in the sink and the dishwasher should be empty. You should also not have dust bunnies rolling around in corners and bathrooms should be sparkling. People who are house hunting are imagining a fresh start and this requires bringing back a few elements that will make your home more appealing. If you have doors hanging off of hinges, holes in walls, or children’s toys scattered all over the yard and in the living room, this is a huge turnoff for buyers because it gives the impression that you do not care about the existing condition of the home.
Once you select a lender, you should speak with a loan officer as quickly as possible. At this point, there is one thing you should know. Pre-qualifying means absolutely nothing. All pre-qualifying does is determine the amount of the loan you could qualify for based on factors such as your credit, salary, etc. It does not guarantee that a lender will actually loan you the money. It’s more important to get PRE-APPROVED. Pre-approval means that your application has been submitted to a lender who is willing to extend you a specific loan amount, pending a property and appraisal. Being pre-approved lets you know that you won’t be denied for a loan, and it also provides you with leverage to negotiate the purchase price of a home with the seller. Find even more details at Brad Tinker.
