Jeremy McElwain's Blog
If you’re in the market to buy a home, you have a lot of options. Do you want to buy a fixer-upper? Should you get a home close to the city or nestled in the suburbs? How much can you spend on a home to get the amount of space you’ll need for you and your family. There are so many variables that exist in the decision to buy a house.
One thing that many buyers want but aren’t sure of is the concept of a “move-in-ready” home. Sometimes, move-in-ready means that a home is brand spanking new. There should be no work in the house that needs to be done because everything is installed new during construction. As soon as construction is completed, you should be able to move right into the home.
Other homes that are deemed ready to move right in are those that are relatively new and have very little work to do. If a home has a roof that’s caving in, it’s not move-in-ready. If a home needs paint, it’s a sure bet that you can move right in. You may just need a bit of elbow grease in some of these situations. It’s your job to let your real estate agent know what you are looking for and what your budget is. Read on to discover the benefits of buying a move-in-ready home.
You Can Enjoy It ASAP
It takes a lot of work and a lot of cash up front to buy a home. You want to enjoy the fruits of your labor sooner rather than later. If you buy a home that needs little to no work, you’ll be able to enjoy it sooner. There’s no waiting period to move in when you buy a house that’s in excellent condition. You can just start living.
If you buy a home that you can move right into, you will often get things that are trending at the moment. The best of appliances, technology, and security are just some of the benefits that you’ll be able to enjoy when you buy a home that doesn’t need a lot of work.
Many times, you’ll find move-in-ready homes in great locations. These homes will also give you a great resale value once you head to sell the house in the future.
Whether you buy a brand new home or a home that has been upgraded, these sellers are often very motivated. Builders want to get paid for the work they have done. Sellers of upgraded homes wish to get their homes off of their hands and get a return on their investment.
Finding a move-in-ready home may take some time, but the benefits are definitely worth it.
You can create a stunning outdoor kitchen using basic components and pulling things together over time. Entertaining outdoors has become so popular that supplies and materials for cooking are easy to come by in a variety of price points. Follow the steps below to make the most of the process.
Foolproof Steps to Creating an Outdoor Kitchen you'll Love
Determine what you need. A kitchen showroom can be overwhelming -- but you may not need everything you see. If you love the look of the striking pizza ovens, but no one in the family eats pizza, you may get little use from this purchase, and miss out on the space you've used later. What do you like to cook, what do you like to serve and what components matter most to you? These should go to the top of your list.
Where will people sit?: The best part of an outdoor kitchen is the entertaining you can do in the space. You should think about how many people you like to host at a time, where they'll sit and what you envision for the space. An outdoor kitchen that is designed for the family and a guest or two may need to seat six people, but if you entertian large groups, then you'll need to allot more space to seating -- 12 to 16 people is an ideal start.
Where will you keep the food? Do you want to prep inside and cook outside? Or do you prefer having everything together? If you need the food on hand, a fridge should be included in your plans. If you want to keep the food inside, consider adding a wine or beer fridge instead; it will take up less room and get regular use.
What will you cook? A grill is a great starting point, since you can cook a variety of foods. Determine if you want to buy a freestanding piece or have something built in -- this will likely be the largest and most expensive component. Once this is in place, decide what else you need; other cook surfaces, a sink or specialty surface could be next on your list.
Begin with your largest pieces, like your grill and table, then add items as you need too. Your pillows, textiles and accessories can be chosen last, then added and used as needed to create a space that is uniquely yours.
Your outdoor kitchen can be a work in progress; you don't have to complete it all at once. Adding something new each season or year allows you to spread out the cost of your new kitchen and add components as you need them.
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After you add your house to the real estate market, it may be only a matter of days before you receive the first offer on your residence.
Ultimately, the initial offer on your home may prove to be the best proposal for a number of reasons, including:
1. The offer matches or exceeds your expectations.
An informed home seller understands the condition of his or her house, and as such, sets realistic expectations for the home selling journey.
For a home seller, it is paramount to conduct a home appraisal before you list your residence. With this appraisal, you can learn about your residence's strengths and weaknesses and price your house accordingly.
Furthermore, a home appraisal will help you understand the true value of your home. And if you receive an initial offer that matches or surpasses your expectations, you should have no trouble accepting the proposal and moving forward with a home sale.
2. The offer corresponds to the current state of the real estate market.
Operating in a buyer's market is far different from operating in a seller's market, and perhaps it is easy to understand why.
In a buyer's market, there is an abundance of high-quality houses and a shortage of property buyers. This means a buyer's market typically favors property buyers over property sellers.
On the other hand, a seller's market usually favors property sellers. This market includes many property buyers and a shortage of top-notch houses. Thus, the likelihood of receiving a terrific first offer may increase in a seller's market and decrease in a buyer's market.
As a home seller, it is essential to allocate the necessary time and resources to learn about the housing market. If you understand the differences between a buyer's market and a seller's market, you can identify a great initial offer on your house.
3. The offer is a must-accept in the eyes of your real estate agent.
When it comes to selling a house, it often is a wonderful idea to work with a real estate agent. In fact, this housing market professional may prove to be a difference-maker at each stage of the home selling journey.
A real estate agent will help you list your residence, promote it to potential homebuyers and set up home showings and open houses. That way, he or she can make it easy for you to generate substantial interest in your residence as soon as it becomes available.
Perhaps most important, a real estate agent is happy to provide honest, unbiased home selling recommendations. This housing market professional will help you differentiate between a mediocre initial offer and a stellar one and ensure you can make informed home selling decisions.
Lastly, be sure to analyze the initial offer on your home closely before you accept it. By taking a diligent approach to this home proposal, you can evaluate the pros and cons of it and make the best possible decision based on your individual needs.