Jill Finkelstein - Compass



Posted by Jill Finkelstein on 4/28/2019

For those who want to buy a house, it helps to consider your options closely. That way, you can make an informed home purchase.

Now, let's take a look at three factors to consider as you prepare to conduct a home search:

1. The Local Housing Market

Assess the local housing market before you dive headfirst into a home search – you will be glad you did. If you analyze the housing market in towns and cities where you want to live, you can determine if a buyer's or seller's market is in place. Then, you can map out your homebuying journey accordingly.

To differentiate a buyer's market from a seller's market, you should find out how long recently sold houses were available before they were purchased. You also may want to track houses as soon as they become available and see how long it takes them to sell. If residences linger on the housing market for many weeks or months, the real estate sector likely favors buyers. Or, if houses are purchased shortly after they become available, the real estate sector may favor sellers.

2. Your Home Must-Haves

Think about the features you want to find in your dream house. This will help you hone your house search to residences that match your expectations.

Oftentimes, it helps to enter the housing market with a list of home must-haves. This list can be updated throughout your house search and may help you simplify your quest to find your dream residence.

As you craft a list of home must-haves, be sure to include any house amenities you simply cannot live without. For instance, if you require a home that boasts a state-of-the-art air-conditioning system, you can search for a residence that offers this amenity. On the other hand, if you need a home that is located just minutes from your office in the city, you can search for a house in or near the city itself.

3. Your Homebuying Budget

You may have only a finite amount of money to spend on a house. If you get pre-approved for a mortgage, you will know precisely how much money is at your disposal. You then can search for a house that corresponds to your budget.

To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you about your home financing options and help you select a mortgage that suits you perfectly.

Lastly, as you get set to embark on a house search, you may want to hire a real estate agent. This housing market professional can offer expert insights into the homebuying journey. Plus, he or she is ready to respond to your homebuying concerns, at any time.

If you want to streamline the process of finding and buying a wonderful residence, it helps to plan ahead for the homebuying journey. Thanks to the aforementioned tips, you can review your options and boost the likelihood of enjoying a successful homebuying experience.




Categories: Uncategorized  


Posted by Jill Finkelstein on 2/10/2019

A home showing represents a learning opportunity for a homebuyer. If you know how to plan ahead for a home showing, you can optimize the value of this opportunity.

Ultimately, preparing for a home showing can be simple – here are three tips to help you get ready for any home showing, at any time.

1. Evaluate a Home Listing Closely

A home listing enables you to learn about a house's age and condition. It also may include pictures that highlight a home's rooms and features. Thus, if you assess a home listing closely, you'll be better equipped than ever before to determine whether a house may be right for you.

As you examine a home listing, it generally is a good idea to think about additional questions that you may have about a house. If you craft a list of questions prior to a home showing, you'll be ready to get the answers that you need to make an informed decision about a residence.

2. Make a Home Showing Checklist

A home showing allows you to examine a residence both inside and out. As such, it may be beneficial to create a home showing checklist that ensures you remember to analyze all aspects of a house.

Be sure to include assessments of an attic, basement and other house areas in your checklist. In addition, it may be helpful to consider checking out a home's proximity to parks, schools and other landmarks. Because the more information that you obtain during a home showing, the more likely it becomes that you can make the best-possible choice regarding a residence.

3. Consult with a Real Estate Agent

If you plan to attend a home showing, hiring a real estate agent is essential. A real estate agent can help you prep for a home showing and ensure you can review all aspects of a residence in no time at all.

Prior to a home showing, a real estate agent will meet with you and learn about your homebuying goals. Next, this housing market professional will offer expert recommendations to guarantee that you are fully prepared to attend a home showing.

Let's not forget about the comprehensive support that a real estate agent can provide throughout the homebuying journey, either. A real estate agent will keep you up to date about new houses that become available in your area and help you set up home showings. And if you want to submit an offer on a residence, a real estate agent will help you put together a competitive homebuying proposal.

For those who want to explore the housing market, attending home showings is crucial. If you're able to make the most of a home showing, you can boost your chances of enjoying a seamless homebuying experience.

Thanks to the aforementioned tips, any homebuyer can get ready for a home showing. Take advantage of these tips, and you can approach a home showing with the confidence that you need to succeed.




Tags: Buying a home   showing  
Categories: Uncategorized  


Posted by Jill Finkelstein on 1/6/2019

If you plan to buy a home in the immediate future, there are several concerns that you should address before you embark on your house search. In fact, some of the most common homebuying concerns include:

1. Lack of Home Financing

You know you want to purchase a house, but obtaining financing sometimes is difficult. Fortunately, if you meet with various banks and credit unions, you can review all of the home financing options at your disposal and map out your home search accordingly.

Remember, there is no such thing as a "bad" question to ask a bank or credit union relative to home financing. Banks and credit unions employ courteous, knowledgeable home financing specialists who are happy to assist you in any way possible. These specialists can respond to your home financing concerns, and as a result, help you make an informed mortgage selection.

2. Tight Homebuying Timeline

If you are tasked with relocating to a new home as quickly as possible, you may have to conduct a fast house search. But if you explore ways to maximize your time and resources, you could boost the likelihood of conducting a successful home search, regardless of your homebuying timeline.

Oftentimes, it helps to make a list of homebuying tasks that you need to complete. You then can establish goals designed to help you stay on track with your homebuying timeline.

You also should keep a close eye on the housing sector in your preferred cities and towns. That way, if a great home at a budget-friendly price becomes available, you can instantly pounce at this homebuying opportunity.

3. Establishing Realistic Homebuying Expectations

The homebuying journey offers no guarantees. If you enter the housing market with realistic expectations, however, you can avoid potential disappointments during your home search.

To establish realistic homebuying expectations, it generally is a good idea to make a list of home must-haves and wants. This list will allow you to hone your house search to residences that meet your criteria. It also can help focus on available residences that fall within your price range.

In addition, it often helps to hire a real estate agent before you conduct a house search. A real estate agent can teach you everything you need to know about finding and purchasing a house. Plus, he or she can provide expert insights at each stage of the homebuying journey.

Let's not forget about the assistance that a real estate agent provides when you are ready to submit an offer to purchase a home, either. At this point, a real estate agent will help you craft a competitive homebuying proposal and submit it to a seller. If a seller accepts your offer, a real estate agent then will help you finalize your house purchase.

Ready to embark on the homebuying journey? Address your homebuying concerns, and you can minimize risk as you begin your search for your ideal residence.




Categories: Uncategorized  


Posted by Jill Finkelstein on 12/30/2018

As a homebuyer, it is important to do everything you can to find your dream residence. Once you discover your ideal house, you should be ready to submit a competitive offer to purchase this home.

Ultimately, there are several factors to consider as you try to put together a competitive offer to purchase your dream house. These factors include:

1. A Home's Age and Condition

Examine a house closely before you craft an offer to purchase – you will be glad you did. Because if you leave no stone unturned in your quest to learn about a residence, you can create an offer to purchase that accounts for a house's age and condition.

If you have questions about a house, you should reach out to a seller's agent. That way, you can address these questions before you submit an offer to purchase.

Also, it is important to remember that there is no such thing as a "bad" question to ask about a house. A home purchase may be one of the biggest transactions you will complete in your lifetime. And if you devote time and energy to learn about all aspects of a house, you can ensure you are ready to purchase this home. Perhaps best of all, you can identify potential home problems that otherwise may prove to be costly and time-intensive down the line.

2. The Current State of the Housing Market

Differentiating between a buyer's market and seller's market is key, particularly for those who are ready to submit an offer to purchase a house. If you assess the local housing sector, you can find out whether a buyer's or seller's market is in place and submit an appropriate offer to purchase your dream residence.

In a buyer's market, homes may remain available for many weeks or months after they are listed. Thus, a seller may be willing to accept an offer to purchase, even if it falls below his or her initial home asking price.

Comparatively, in a seller's market, there is a shortage of quality houses available. And in this market, the best houses sell quickly, which means you likely will need to submit a competitive offer to purchase to secure your ideal home.

To determine if a buyer's or seller's market is in effect, take a look at how quickly houses are selling in your city or town. You also should find out if homes are selling at or above their initial asking prices. With this information in hand, you will be better equipped than ever before to submit a competitive offer to purchase your dream house.

3. Your Homebuying Budget

There is no need to overspend to buy your ideal house. Therefore, you should try to submit an offer to purchase that accounts for your homebuying budget.

Oftentimes, it helps to meet with banks and credit unions before you embark on a home search. This will allow you to get pre-approved for a mortgage and enter the homebuying journey with a budget at your disposal.

As you navigate the homebuying journey, you may want to hire a real estate agent, too. Because if you have a real estate agent at your side, you should have no trouble crafting a competitive offer to acquire your dream residence.




Categories: Uncategorized  


Posted by Jill Finkelstein on 12/2/2018

Seeing your desire to buy a waterfront property through is a big accomplishment. Before you sign on the dotted lines, there are a few things that you should know about the process of choosing the perfect waterfront property for you. 


Decide What You Need


The first step in finding the right property of any kind is understanding your own needs. How do you want to use the property? Will it be your year-round home, or will you be there only a portion of the year? Really map out what your priorities are when it comes to searching for waterfront properties. From here, you can figure out what areas you’d like to search in and what type of property you want to find to suit you. What types of activities will you be doing at your property? Will a lake property do the job or do you need an ocean escape? Is canoeing or kayaking a part of your dream, or is simply sitting by the water enough enjoyment for your needs? Answering all of these questions can help you to narrow down your needs for a waterfront property. 


Touring Properties


As with any other type of home search, you should take the time to scope out the properties that you’re interested in. This means not only looking at the properties themselves but looking at the communities and neighborhoods as well. What does the area have to offer you? Is it near a town or nestled away in a secluded spot? Remember that with a typical house the size of the home is what contributes to the majority of the value of the home. With a waterfront property, the surroundings are key. The closer to the water you are, the more valuable your piece of real estate is. Consider all of the typical factors when looking at properties along with the additional concerns of being close to the amenities and natural pleasures that you crave. 


Other Important Things To Consider


Other things that you should consider in finding your perfect piece of waterfront heaven are things like:


  • How close is the beach?
  • Does the beach or lake have easy access?
  • Is there an adequate amount of privacy at this property?
  • What kind of view is there?


The more breathtaking the views and the more space between you and your neighbors will give you an advantage not only in your own living situation but in renting out the property and even selling it in the future. 


There are a lot of things that go into making the decision of finding the right waterfront property. Sometimes, hiring an experienced realtor in the area can be just what you need to understand all the aspects of your investment from the area to the type of home you choose. Don’t be afraid to hire an experienced realtor to help you in your search.   








Jill Finkelstein