One of the first home buying decisions most people make is whether to look for a condominium or a single-family home. Condominiums are very popular because they help first-time buyers enter the market, are easier to maintain, and are often more affordable. Before you decide, here are some factors to consider:
Condos:
* Require less maintenance.
* Are often less expensive than a single-family home.
* Offer a greater sense of security and community.
* Common areas, driveways, landscaping and the building exterior are owned by the condo association – a group that includes all owners in the complex.
* Special assessments like painting or repairs are usually mandated by the condo association and can be expensive.
Single-Family Homes:
* You own the inside and the outside of your home.
* Landscaping, repairs and maintenance are your responsibility.
* More storage space than a condo.
* No condo association dues (except in country clubs or gated communities).
* No special assessments for any remodeling or updating.
Please call or email The Davidson Team for answers to any questions you have about buying a condo or a single-family home
Warm regards,
The Davidson Team
"Start Packing Today!"
Deciding whether to buy your next home before you sell your current one depends entirely on your individual situation and financial resources.
Most home owners agree that it's less stressful to sell your current home before you buy a new one. Avoiding the added pressure of having to sell quickly gives you time to command top dollar and end up in a better financial position when you’re ready to buy again.
When you don't have to make an offer dependent upon the sale of your house, it puts you in a stronger position in the eyes of most sellers. Even if the home you choose isn't ready when you are, you may get cash in hand for a short-term rental. While it might be inconvenient to move twice, it’s often a great way to eliminate risk and have more money when you get ready to buy again.
Do you know how much your current home is worth? We're happy to provide you with a current market valuation to help you determine your home’s current value in today’s market. Click below to receive this complimentary service!
http://wenatcheehouses.com/home_worth.php
Warm regards,
The Davidson Team
"Start Packing Today!"
When you start looking for a home, it’s important to consider factors outside the home that can enhance or detract from your lifestyle. Here are some things to consider:
* Is there a playground, pool or park nearby? Are the fees affordable?
* How close is the home to a hospital, police or fire department?
* How big is the garage or driveway? Will there be enough parking for guests when you entertain?
* Can you live with area commute times, traffic jams, gas prices and public transportation access?
Choosing a home that fits your needs, your budget and your lifestyle isn’t hard when you are realistic and understand what's truly important to you. While you may need to compromise on some items, there are plenty of homes available that can fit your needs and make you happy.
When you're ready to buy your next home, we'll be happy to help you. Please visit our website for buying and selling tips, MLS property searches, town and community information and more at www.WenatcheeHouses.com.
Warm regards,
The Davidson Team
"Start Packing Today!"
For most people, buying a home represents one of the largest purchases they’ll ever make. Here are some factors to consider before you start shopping for your next home:
* How much money you want to spend.
* What type of home you would like.
* Where you want to live.
* When you want to move.
* How much you qualify to borrow and what type of financing is available to you.
To help you focus on affordable homes and neighborhoods and keep your expectations realistic, it pays to get pre-qualified by a lender right away. When you start your search, you will want to get pre-approved for a loan as soon as possible. The pre-approval process includes a credit check and employment verification. Once you are pre-approved and make an offer, all the lender needs to do is appraise the property you want to buy.
Why is pre-approval so important? Sellers are more likely to choose an offer that is pre-approved over an offer from someone whose financial picture is still in question. Get pre-approved and you strengthen your position in the eyes of most sellers.
Warm regards,
The Davidson Team
"Start Packing Today!"
The secret to minimizing stress when you move into your next home is to make a checklist of all essential activities that need to be addressed before, during and after your move. Here are some of the items that should be on your list:
* Reserve a moving van or make a reservation with professional movers well ahead of time.
* Arrange for utilities, cable and phone service to be working at your new home on the day you move in.
* If you’re moving to a new area, ask for referrals for doctors, dentists, and specialists.
* Request copies of all medical and dental records for family members and pets.
* Refill all prescriptions to make sure you don’t run out too soon after the move.
* Set up new checking and savings accounts and safe-deposit boxes.
* Lightly water any plants you plan to bring to your new home.
* Back up your computer files and secure the back-up disks.
* Empty the fuel from lawnmowers and other power equipment before moving them.
* Have your car(s) serviced and filled with gas.
* Pack a box of basic items you'll need when you first arrive (toothpaste/toothbrush, blankets, coffee pot, etc).
* Before you leave, walk through your old house to make sure everything is turned off.
We hope you find this checklist helpful. You’ll also find helpful information, buying and selling tips, MLS property searches, town and community information and more at www.WenatcheeHouses.com.
Warm regards,
The Davidson Team
"Start Packing Today!"
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