Our Real Estate Blog
26 Joseph Drive, Tewksbury, MA 01876
Tewksbury, MA 01876
If you’re in the market to buy a home, you want to find the perfect place for you and your family. In a seller’s market, the competition can be fierce. As a buyer, you may be under the impression that you need to make the highest offer in order to secure the home of your dreams. The problem is, you may never know what price other people have offered for the same home.
Know Your Budget
First, you should know what kind of a budget you have to work with to buy a home. You probably have done an online search to see what’s out there and what price range the homes you like fall into. You’ll want to go beyond the online search and actually see some of your favorite houses in person because pictures can be deceiving.
Next, you’ll want to do is speak with a lender. This can help you before you even hit the ground running on your home search. A lender can pre-qualify you then work you through the process of pre-approval. This will give you a definitive number to work with when searching for a home. With this number, you’ll know how much you can offer comfortably when you find that house you fall in love with.
Make A List Of Priorities
Finding the “perfect” house usually requires that you make a few compromises along the way. It’s very unlikely that you’ll find one house that gives you everything you want in one place without a bit of imagination. Jot down all of the things about a home that are the most important to you. These items could include:
- The neighborhood
- Big backyard
- Open floor plan
- Number of bedrooms
- Hardwood floors
- The size of the rooms
- Style of the house
- Granite countertops
Whatever is important to you should be on the list. Next, go through the list and see what can be compromised on. There are probably a few luxuries on the list that you could stand to give up in lieu of something else.
Once you find that home you know that you absolutely want to live in, you’re going to want to make an offer. Let your realtor know immediately that you’re interested in the home and they can get to work. Your realtor can help you to make an offer that’s reasonable based on the asking price and your budget. Your offer doesn’t have to be thousands of dollars over the asking price for you to win the bid. There are a couple of strategies that can help you to land the right home even if you’re not stretching your budget to the max.
Showing You’re Serious
Taking steps like being pre-approved and having all of your finances in order can help to give you the upper hand in the house hunt. Sellers don’t want to deal with a buyer who is ultimately going to have issues where the deal will fall through.
The Offer Letter
Writing a letter along with your offer is a great personal touch to help you land the home of your dreams. If a seller knows that the home they have lived in and loved will go to another owner who is going to appreciate and take the same great care of the home, they will be more likely to go with you as a buyer. First, tell the seller a bit about yourself and why you love the home so much. Compliment the landscaping. Tell the seller just how much your kids are going to appreciate living in the home. Don’t be afraid to get too personal when it comes to writing an offer letter to the sellers. They will appreciate honesty and a candid approach in the sometimes all too serious matter of buying a home.
Wilmington, MA 01887
If the cost of renovations holds you back from realizing your desired living space, strategic do-it-yourself projects can save money and accelerate the process.
It's essential to understand that not every handy homeowner possesses the DIY skills to orchestrate a complete makeover. However, basic understanding of how to measure and use tools allow everyday people to make substantial living space improvements. In fact, more than a few motivated people can create a DIY kitchen island. Given that the meal preparation area ranks among the more expensive to upgrade, a DIY kitchen island can be a game-changer in terms of enjoyment and investment.
Popular DIY Kitchen Island Innovations
The kitchen has more foot traffic than any room in the household and that's why many consider it the heart of the home. Perhaps the most dramatic change involves adding a DIY kitchen island. This asset allows family chefs expansive food preparation space and a place for friends and family members to gather over small meals and beverages. The following DIY kitchen island innovations illustrate ways you can save big while enhancing your home.
- Farm Style Center Islands: One surprising innovation involves taking an outdated table or workbench and refurbishing it. Antiques often utilize sturdy hardwoods that can be sanded down, stained, and coated for kitchen use and fixed in place. These furniture items are usually created at the precise height of a modern center island and can be picked up at tag sales or junk stores for pennies on the dollar.
- Dresser Updates: Like farm tables, a beat-up old dresser can form a DIY kitchen island's foundation. Identify a piece of furniture that meets your desired height requirement. For instance, dressers of about 42 inches may accommodate bar stool seating. You can remove the top and craft a replacement that extends off one side for a seating countertop. It's also perfectly acceptable to attach a more expansive countertop over the existing one. Given that repurposed furniture is inexpensive, you're only paying retail for the countertop materials.
- Rustic Built-It-Yourself: A DIY kitchen island does not necessarily require you to purchase a manufactured product. Fashioning a kitchen island remains remarkably similar to building a make-shift table or cabinet. Consider downloading basic table-making or cabinet plans and crafting one from lumber. Given that most homeowners are not finished carpenters, rustic designs and appearance can simplify the project.
- Value of Shiplap: These interlocking boards rank among the more cost-effective home siding materials on the market. They are easy to manage and ideal for the exterior of a DIY kitchen island. This wood material can be installed on three sides of an island, leaving one side available for storage shelving. Shiplap provides aesthetically pleasing lines and can be painted or stained to suit. That makes it a cost-effective material to employ in a DIY kitchen island innovation.
Working families on strict budgets do not necessarily need to build up home improvement savings or leverage equity to enhance their living environment. By thinking outside the box and putting your creative spirit to work, it's possible to make these DIY kitchen island innovations a reality.