Yvonne McNamara
SUCCESS! Real Estate | 508-858-8044 | ur@homewithyvonne.com


Posted by Yvonne McNamara on 7/15/2018

If you want to purchase a home, it may be beneficial to check out the residences available in a major city. In fact, there are many reasons to pursue a city house, and these include:

1. You can live near a variety of attractions and landmarks.

Most cities provide quick, easy access to attractions and landmarks. And if you purchase a city residence, you can explore a wide range of attractions and landmarks any time you choose.

Of course, it generally helps to plan ahead if you intend to buy a city residence. If you enter the real estate market with a homebuying strategy in hand, you can narrow your city house search to residences near your preferred attractions and landmarks.

2. You can upgrade or downgrade from your current residence.

If you find your current residence no longer matches your needs, don't stress. Houses are available in cities around the country so you can upgrade or downgrade from your current home.

Oftentimes, it helps to get pre-approved for a mortgage before you start to explore city residences. If you are pre-approved for a mortgage, you'll know exactly how much you can spend on a city home. Then, you can hone your city house search and speed up the homebuying journey.

3. You can find a residence close to family members and friends in the city.

If your family members and friends frequently rave about life in the city, now may be the perfect time to join them. And if you kick off a city house search, you can find a great home that allows you to live close to loved ones.

The city real estate market often fluctuates, and a housing sector that favors buyers today may shift into sellers' favor tomorrow. Thus, if you want to buy a city home near loved ones, you should allocate time and resources to learn about the local housing sector. Because if you have housing market insights at your disposal, you can differentiate a buyer's market from a seller's market and prepare accordingly.

As you get ready to launch a search for a home in the city of your choice, you may want to hire a real estate agent too. By employing a real estate agent, you can get the help you need to streamline your city house search.

Typically, a real estate agent will meet with you, find out where you want to reside in your city of choice and help you budget for the homebuying journey. He or she also will keep you up to date about city residences that meet your homebuying criteria. And if you find a city residence that you want to buy, a real estate agent will help you submit a competitive offer to purchase this home.

Simplify the process of locating and purchasing your ideal city home. Hire a real estate agent today, and you can receive extensive assistance at each stage of the property buying journey.




Categories: Uncategorized  


Posted by Yvonne McNamara on 5/27/2018

The homebuying journey is exciting, particularly for an individual who is pursuing a residence for the first time. Ultimately, there are many questions that a buyer should consider before he or she searches for a house for the first time, and these include:

1. What is my "dream" home?

Perhaps the most enjoyable part of the homebuying journey involves defining your dream residence. Because once you define your dream residence, you'll be able to narrow your house search and move closer to purchasing your first home.

Think about what you absolutely require in a new home. For example, if you want to own a house in a region where the weather is hot and humid year-round, you may require a central air conditioning system. Or, if you want to enjoy a fast, easy commute to work, you may want to pursue residences close to your office.

2. How much can I afford to spend on a house?

Getting pre-approved for a mortgage is essential. Because if you have a mortgage in hand when you begin your house search, you may be able to gain a competitive advantage over rival homebuyers.

To obtain a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you everything you need to know about fixed- and adjustable-rate mortgages.

In addition, don't hesitate to get expert insights into assorted mortgage options. The longer you wait to get pre-approved for a mortgage, the longer you may need to wait to kick off your home search. Thus, you risk missing out on a potential dream house if you fail to get your home financing in order.

3. Do I need to hire a real estate agent?

Hiring a real estate agent is a must, especially if you plan to embark on the homebuying journey for the first time. In fact, a real estate agent can help you quickly and effortlessly navigate the housing market and discover your ideal residence in no time at all.

Typically, a real estate agent will offer comprehensive assistance at each stage of the homebuying journey. He or she first will meet with you, learn about your homebuying goals and help you craft a homebuying strategy. A real estate agent then will keep you up to date about houses that match your criteria and set up home showings. And when you find a home that you want to buy, a real estate agent will help you submit a competitive offer and negotiate with a seller's agent on your behalf.

Let's not forget about the advice that a real estate agent will provide, either. A real estate agent is unafraid to be honest with you and will provide feedback throughout the homebuying journey. Also, if you ever have homebuying concerns or questions, a real estate agent is ready to respond to them.

Take the guesswork out of finding and acquiring your first house – employ a real estate agent, and you can receive plenty of support as you move along the homebuying journey.




Categories: Uncategorized  


Posted by Yvonne McNamara on 5/6/2018

?

Ready to buy a house? It pays to be proactive, especially if you hope to streamline the process of acquiring a terrific residence at a budget-friendly price.

A superb house is likely to stir up interest from large groups of homebuyers. Fortunately, with a proactive approach, you can stay ahead of the homebuying competition and boost your chances of securing a wonderful house.

Ultimately, there are several best practices for proactive homebuyers, and these practices include:

1. Search for Homes Early and Often

The early bird catches the wom. Much in the same vein, a proactive homebuyer is better equipped than others to achieve his or her desired results.

Keep a close eye on the housing market – you'll be glad you did. If you monitor home listings in your city or town, you can quickly identify potential properties that you may want to buy.

In addition, evaluate housing market trends and patterns. With this housing market data in hand, you can differentiate between a buyer's and seller's market.

2. Get Pre-Approved for a Mortgage

Meet with several banks and lenders in your area. By doing so, you can explore a variety of mortgage options and select one that complements your finances.

There is no shortage of mortgage options at your disposal. For example, many homebuyers prefer a 30-year fixed-rate mortgage, which guarantees they will pay the same amount each month for the life of a mortgage. On the other hand, some homebuyers choose a 15-year adjustable-rate mortgage, which features lower upfront payments that gradually increase over time.

If you're uncertain about which mortgage option to select, there is no need to worry. Banks and credit unions employ friendly, knowledgeable mortgage professionals who can help you make an informed decision.

Perhaps best of all, meeting with mortgage professionals guarantees you can receive expert responses to your concerns and questions. These mortgage professionals will devote the necessary time and resources to assist you and make it simple for you to select a great mortgage.

3. Collaborate with a Real Estate Agent

If you want to enter the housing market, there is no reason to wait. In fact, if you contact a real estate agent today, you can immediately launch a successful homebuying journey.

A real estate agent is dedicated to your homebuying success. He or she first will learn about your homebuying goals, ensuring you can start the homebuying journey on the right foot. Then, this housing market professional can help you narrow your search for your dream residence.

In most instances, a real estate agent will set up home showings, keep you up to date about new residences as they become available and help you submit home offers. This housing market professional also provides a one-of-a-kind homebuying resource. And if you ever have homebuying concerns or questions, a real estate agent is ready to respond to them.

Don't wait to kick off a homebuying journey. Instead, use the aforementioned tips, and you can become a proactive homebuyer.




Categories: Uncategorized  


Posted by Yvonne McNamara on 4/29/2018

Although buying a home should be a fast, seamless process, negotiations with a home seller sometimes can slow down the homebuying journey.

Let's face it – no one wants to deal with long, arduous negotiations, particularly when they are close to acquiring their dream residence. However, homebuyers who prepare for the worst may be better equipped than others to avoid a complicated homebuying negotiation.

What does it take to prepare for a difficult homebuying negotiation? Here are three tips to help you do just that.

1. Understand the Housing Market

If you submit a competitive offer on a residence from the get-go, you may be able to avoid a difficult homebuying negotiation altogether.

Ultimately, a homebuyer who allocates the necessary time and resources to learn about the real estate market will understand how one residence stacks up against another. Then, he or she can submit a home offer that matches or exceeds a home seller's expectations, thereby reducing the risk of an extensive homebuying negotiation.

2. Analyze Your Homebuying Goals

A homebuyer who analyzes his or her homebuying goals can map out his or her property buying journey. That way, this homebuyer can assess homes that fit within his or her price range and minimize the chance of a complex homebuying negotiation.

Furthermore, if a homebuyer sets realistic expectations for a home search, he or she may be able to make informed decisions throughout a negotiation with a home seller.

A homebuyer who knows how much he or she can afford to pay for a house will be able to submit a home offer that corresponds with his or her budget. And if a home seller asks for more money, a homebuyer should feel comfortable walking away from a negotiation.

Remember, it is paramount for a negotiation to fulfill the needs of both property buyer and seller. If the negotiation favors a home seller, a homebuyer should be prepared to restart his or her home search.

3. Keep Your Emotions in Check

It is easy for a homebuying negotiation to escalate quickly. But a property buyer who understands how to control his or her emotions can take a step back during a stressful homebuying negotiation and plan his or her next move accordingly.

Stress sometimes can get the best of a homebuyer, especially if a property buyer wants to do everything possible to secure a great home as quickly as possible. If a homebuyer plans for stressful situations now, he or she may be able to reduce his or her stress levels when a homebuying negotiation begins.

Don't be afraid to take time to relax during a homebuying negotiation. Going for a walk outdoors or hanging out with family members and friends may provide a stress-relieving break from a homebuying negotiation.

Or, if a homebuyer wants extra help, hiring a real estate agent is ideal. This housing market professional understands the challenges of homebuying negotiations and will help a homebuyer alleviate stress time and time again.

Ready to acquire your ideal residence? Use the aforementioned tips, and you can get ready for a difficult homebuying negotiation.




Categories: Uncategorized  


Posted by Yvonne McNamara on 4/8/2018

Finding a mortgage lender should be easy, particularly for homebuyers who want to purchase a high-quality residence without having to worry about spending too much. However, many mortgage lenders are available nationwide, and the sheer volume of lenders can make it difficult to choose the right one.

Lucky for you, we're here to help you streamline the process of selecting the ideal lender.

Now, let's take a look at three tips that homebuyers can use to accelerate the process of choosing the perfect lender.

1. Know Your Credit Score

Your mortgage interest rate may vary based on your credit score. As such, you should learn your credit score before you begin your search for the right lender. This will enable you to boost your credit score if necessary – something that may help you get a preferred mortgage interest rate.

You are eligible for one free copy of your credit report annually from each of the three major credit reporting agencies (Equifax, Experian and TransUnion). Request a copy of your credit report, and you can find out your credit score and map out your search for the ideal mortgage lender accordingly.

2. Meet with Several Mortgage Lenders

There is no shortage of mortgage lenders in cities and towns around the country. Therefore, you should allocate the necessary time and resources to meet with several credit unions and banks to explore all of your mortgage options.

Each lender can provide details about fixed- and adjustable-rate mortgages, how these mortgages work and other pertinent mortgage information. This information can help you make an informed decision about a mortgage.

In addition, don't hesitate to ask questions when you meet with a mortgage lender. If you obtain plenty of information from a mortgage lender, you'll be able to understand the pros and cons of various mortgage options and make the best choice possible.

3. Review a Mortgage Closely

A mortgage may enable you to secure your dream residence, but it is important to understand all of the terms and conditions associated with a mortgage before you select a lender.

For example, if you decide to purchase a condo, your mortgage might only cover the costs of your property. Meanwhile, you still may be responsible for condo homeowners' association fees that total hundreds of dollars each month, so you'll need to budget properly.

Of course, you should feel comfortable working with a mortgage lender as well. The ideal mortgage lender should be available to answer your concerns and questions at any time and help you stay on track with your monthly mortgage payments.

If you need extra assistance as you consider the mortgage lenders in your area, you can reach out to a real estate agent for additional support. This housing market professional can provide insights into mortgage interest rates and may even be able to connect you with the top local lenders.

Take the guesswork out of finding the right mortgage lender – use these tips, and you can move one step closer to getting the financing you need to buy your dream residence.




Categories: Uncategorized