The Danger OF Love At First Sight When Buying A Home
The Danger OF Love At First Sight When Buying A Home
The Dangers Of Love At First Sight When Buying A Home
WRITTEN BYJAYMI NACIRIPOSTED
Facebook just announced they are getting into thedating app game, giving those who are looking for love yet another avenue to potentially find it. While we don't yet now specific details of how it will work, one thing is for sure: There are bound to be a lot of matches made based solely (or at least mainly) on looks, alone. Is this a smart strategy? It all depends on what you're looking for. And the same could be said of your home search. If you're just looking for a pretty face, it's easy to fall in "love" - with a person, or a home. But you need to look deeper if you want it to last.
The kitchen makes your stomach do that roller coaster thing and the master bath is so pretty it should be on the cover of How to Seduce a Homebuyer magazine. It's hard to ignore the pretty stuff when you're home shopping. The trick is not getting distracted by the pretty stuff and ignoring the important stuff. You can take yourself out of the house hookup land and help avoid falling for the wrong home by asking yourself these questions during your home search.
Is it a keeper?
If you're looking for a long-term relationship with your home, you should have some non-negotiables. Perhaps you would never consider marrying someone who was rude to service people or didn't share your political views. When it comes to your forever home (or at least your "for the foreseeable future home"), making a list of absolute must-haves can help you stay on track. They'll probably include location, price, and home size, but getting even more specific (perhaps you need to be in a certain school district but are willing to compromise on the type of architecture) is even better.
Is there any substance behind your emotional attachment
You walk into a restaurant to meet your date, and before you even sit down, you're a goner. Is it the eyes, the smell? Some cosmic thing at work? Love at first sight? Who knows.
You walk into a house that seems like nothing special, and before you're even passed through the hallway, you're a goner. What's at play here? Is it some reminder of a home from your childhood, maybe? Who knows. But now you've got it bad, and you have to have that house. Time to get real with yourself, because falling for a person - or a home - and going on emotions alone typically doesn't end well.
"Buying a home is a very emotional process, but if you allow those emotions to get the best of you, you may fall prey to a number of common home buyer mistakes,"said Investopedia. "Since buying a home has many far-reaching implications - ranging from where you will live to how hard it will be to make ends meet - it's important to keep your emotions in check and make the most rational decision possible."
Is it too much of a project?
We've all heard of the project person - you know, a guy or girl that could be great with just a little (or more than a little) work. A project house could be even more alluring. Seriously, who doesn't love the idea of a fixer-upper these days? But, you need to know your limits,says Bob Vila.
"Don't overestimate your abilities. Determine if the house you like needs work," they said. "Then assess whether you're really capable of doing it." It's also a good idea to properly estimate the post-renovation potential with help from your real estate agent. "Make sure that if you can't do the work, you get estimates before you buy the house so you know what you're getting into. If the cost of the house plus the renovations will put the home's value significantly above others in the neighborhood, it's probably not the best investment - or you may need to scale back the renovations."
What are its friends like?
You can tell a lot about someone by their friends, and the same is true of homes. If the home you're looking at is fixed up and well-taken-care-of, but the rest of the neighborhood is eh, that could be reason to walk away. "Before making an offer on that picture-perfect home, take a look at the surrounding houses. If they're all in disrepair - or just obviously less nice than the one you're considering - you might be buying the most expensive house in the neighborhood,"said Realtor.com. Their three reasons include: 1) "When it comes time to sell, unloading the priciest home on the block will be a challenge. 2 ) A home is an investment - and the best investments have the most room for improvement. Ideally, you'll be adding to the home during your ownership, building equity in hopes of a payoff when you (eventually) sell. 3) You can't bet on the neighborhood to improve."
What are they not telling you?
Yes, there are seller disclosures, but they're only going to tell you so much. Have you checked out the neighborhood in terms of crime statistics, sexual offenders nearby, and any big plans for the neighborhood or surrounding area that could affect your home value or lifestyle? Just like you might Google someone you meet on Tinder (Come on, we all do it!), do the same with any home you are considering.
Are they dating someone else?
It's human nature to want someone who is wanted by someone else. Seeing a lot of interest in a particular home may affect you similarly, and you may find yourself pressing for a home because it's in high demand. Are you just trying to "win," or do you really want the house?
Conversely, a home that's seemingly unpopular because it's been on the market for a while can have the opposite effect on us. Don't let a good one get away just because it hasn't already been snapped up by someone else. In either case, refer to your list of must-haves to remind yourself of those things that are really important to you before making a move.
Does it have good character?
This is obviously important when looking for a relationship partner. But, to many people, it's also an important factor when buying a home. You can get waylaid by a great figure or physique just like you can a huge backyard or a gourmet kitchen and ignore something that was key on your must-have list. As it relates to your home, you can always add crown molding or vintage fixtures. But new construction may never have the feel of an older home, if that's what you're into.
A word from Chris Russell, CEO of Plum Tree Realty:
"One of my greatest passions is to use our real estate business to help alleviate suffering in this world. So we take proceeds from Plum Tree to help orphans, feed the hungry, heal the sick and hurting, and to aid the homeless ... both in the States and abroad. We are not about "getting rich." We are about making a difference. So when you do business with Plum Tree Realty, you can know that a portion of your money is going toward helping those on this planet who are in need of help. Together we can make a difference!"
To help people realize their dreams in home ownership and real estate investing through the highest levels of broker services at the most affordable prices available.
Our Core Values:
Integrity in every relationship, decision, and transaction.
Truth in word and deed.
Hard work that keeps us ahead of the competition.
Sacrifice of our own interests for the gain of our clients.
Commitment to excellence in every task we perform.
Respect for all people.
Giving to those with whom we work.
Areas of Expertise:
Residential Real Estate Sales and Purchase
Commercial Real Estate Sales, Purchase and Leasing
Real Estate Investing (buying, selling, holding, rehabbing)
Property Management and Leasing
Putting it Together
Plum Tree Realty is a premier real estate marketing company focused on helping buyers and sellers get the highest level of real estate services. We help home owners, for instance, who have homes for sale in Mason, Ohio to price their homes in a competitive way since the market is growing in such a fast rate in that area. When a buyer is looking for West Chester, Ohio real estate for sale, we can guide them to the very best deals that are available, and we can give them expert advice as they make such a huge purchase. We cover all of the major real estate markets of the Greater Cincinnati including the following hot markets:
Cincinnati, OH Real Estate (homes for sale)
West Chester, OH Real Estate (homes for sale)
Madeira, OH Real Estate (homes for sale)
Monroe, OH Real Estate (homes for sale)
Indian Hill, OH Real Estate (homes for sale)
Hyde Park, OH Real Estate (homes for sale)
Blue Ash, OH Real Estate (homes for sale)
Lebanon, OH Real Estate (homes for sale)
Loveland, OH Real Estate (homes for sale)
Fairfield, OH Real Estate (homes for sale)
Hamilton, OH Real Estate (homes for sale)
Liberty Township, OH Real Estate (homes for sale)
Kenwood, OH Real Estate (homes for sale)
Mount Adams, OH Real Estate (homes for sale)
While some people search for homes according to the suburb names, others are very interested in the top school districts in the area such as homes for sale in Mason School District, homes for sale in the Lakota School District, homes for sale in the Wyoming school district, homes for sale in the Sycamore school district, homes for sale in the Monroe School District, and more. Our agents are highly-skilled in placing families in the best school districts in Cincinnati according to the desires of each family involved.
Of course, we also have great skill in helping buyers and investors find foreclosures, short sales, bank owned homes, and other great investment properties in the Greater Cincinnati Metro Area as well. Many of our agents are investors themselves, so they are great at helping other investors be the first one to the "golden egg."
We also have agents who specialize in helping families who are relocating to Cincinnati, Mason, West Chester, Blue Ash, Madeira, and any of the other regions in Southwest Ohio. It's great to have "feet on the ground" when you are looking to make such a move.
Plum Tree Realty has also become quite a favorite company for those who like to try to sell their home as a For Sale By Owner in Cincinnati as well. The reason for this is that we offer a $500 flat-fee listing to home owners who would like to sell as a FSBO, but they would also like to have a presence on the Cincinnati MLS search for homes for sale. Most FSBOs miss that exposure, but for just $500, we can help them get listed on the Cincinnati MLS and find buyers at the speed of ... the internet!
While most brokerages feel they have the best agents in Cincinnati, we truly believe that we are at the top. Many larger companies like Sibcy Cline, Remax (RE/MAX), Coldwell Banker West Shell, Comey & Shepherd, and others are at a size that makes it difficult for them to react to the markets and changing times at a great speed. Since Plum Tree is smaller, we are able to respond to market conditions rapidly and efficiently which gives us a disting market advantage. Remember: "It's not the big who eat the small; it's the FAST who eat the SLOW!"
One of the biggest benefits of a 15-year mortgage is the ability to pa
"We have purchased 2 homes with Plum Tree Realty. We initially found Chris Russell prior to having even visited Cincinnati. He sent us many MLS's and we found our home while on our pre-move vacation in Japan. I probably looked at 15 or 20 houses with Chris on a few occasions. He coordinated the viewings well. He knew about the neighborhoods and which ones were being updated and selling for more. He gave me space to form my own opinion about the house, but if I specifically asked, he would lend his expertise. As first-time home buyers, we were very uneasy about the process. We would ask a ton of questions just to truly understand. Chris was very patient with that. He helped us through the negotiation process and helped explain the titling process when it overlapped with the deal. We closed in record time! We found the house and negotiated the deal within a week of moving to the area and were moving in 5 weeks later. When we went to buy our first rental property, I reached out to Chris and he referred me to one of his realtors who took great care of us. I don't doubt that the rest of the Plum Tree team has just as much integrity and professionalism as Chris and Mike."