What to Remember When Working with a Real Estate Agent

Working with a Realtor in Polk County, FL, is essential to an enjoyable and successful experience of finding your new home. There are many different real estate companies to choose from including The Butler Team Realty group to assist you in your investment. As you do your research to determine which company or individual you want to go with, make sure that you find someone that you can easily relate to, someone who really understands what your needs are, and someone who has the necessary expertise and knowledge to actually help you find that perfect home. If you do this, you will be ready to go on the journey of finding your new home. There are a few things that you should remember when working with a real estate agent.

You should keep in mind that your agent gets paid on commission. In other words, they get their paychecks when they are involved in the purchase or sale of a home. Each agent can easily spend hundreds of hours explaining the buying and selling process, showing homes, talking to clients, and working out deals without ever seeing a penny for it. If you aren’t seriously planning on buying a home or if you want to cut the agent out of the process, then you shouldn’t hire one in the first place because you will just be wasting his or her time.

You don’t have to work with just one agent, but you should let each agent know if that is the route that you are choosing to take. You shouldn’t work with two agents from the same company, and if you are already working with a specific agent, you shouldn’t contact the listing agent on the house. Don’t ever let more than one agent show you the same house because the question of who would get the commission could be a hard one to figure out. Remember, though, working with a real estate company like The Butler Team Realty group will help you in your experience of buying a new home.

Three Things to Look for in Great Student Housing

When you are preparing for your college experience, there are a lot of things for you to consider and get put in place. This can be a harsh experience that can be overwhelming and exciting all at once. The decision of where to live while you go to school is a lot more important than you might imagine. The experiences you have there and the people you meet will have a lasting impact on your life. If you want that impact to be a positive one, then you need to find the best Orem housing for your needs. You need to look for a place that will have the right people, a good location, and the amenities you need.

The Right People

Like it or not, the people you room with will be an important part of your life. If you want a good experience in your Orem housing, then you need to be somewhat judicial about who you decide to share this living space with. Meet with the potential roommates, and don’t jump into a situation that can end up being really frustrating. This might take some trial and error, but the best memories of this stage of life will come when you find the right people to live with.

A Good Location

Take some time to think about the places you will be frequenting most during your college experience. You will want to be close to campus, of course, but there are other important things to consider as well. You will need to think about where you work, the grocery store, and some of the most frequented places for entertainment. The closer you are to the middle of all of these things, the better your experience will be. This is especially important to consider if you do not have a car to use for travel between all these different things. Before you sign any binding contracts, make sure you know all the pros and cons of the locations in question, and find a place that will meet most of your needs.

The Right Amenities

Some Orem housing will offer certain amenities and others will not. Sit down and make a list of the things that you really need from your apartment. This list will have different things for different people. Some students will need a gym, others will demand wireless Internet access, and others will not be able to survive without cable TV service. When you know the things you need, it will be easier for you to narrow down all the possibilities and find the right one for you. These three things can help you have a wonderful experience in this very unique and important part of your life.

Buying or Selling a Home in the Winter Months

Believe it or not, there are some hidden rules when it comes to buying and selling a home: rules that you don’t necessarily have to follow if you don’t want to. For instance, it seems almost fact that you shouldn’t buy a home in the winter months. Most agents will tell you that as soon as the Thanksgiving holiday rolls around, you should just put away your hopes of buying or selling your home and wait until the entire holiday season has ended. Most people will follow this rule and not even consider any other options. You may be surprised to find out, though, that there are quite a few benefits to continuing your buying or selling of real estate in Utah during the coldest time of the year.

It seems logical that most people, especially those with children, would want to find a house and get settled into it by the end of the summer. The thought of having to pack and transport all of your belongings while it is freezing cold outside doesn’t really appeal to people. So, if you decide to continue your real estate adventures during the winter, you are pretty much guaranteed to not have as many competitors as you would during the warmer months of the year.

Even though the number of people buying or selling their homes isn’t as many as during the summer months, those who are still playing the game are very, very motivated. If you have someone willing to sell their home in the thick of Christmas and all that comes with it, you can be sure that they are motivated to sell and will probably entertain any offer that you might have to give.

Most people are aware, also, of the fact that homes look more welcoming and happy during the holidays while they have all of their festive decorations out. You can more easily see yourself in the home when you are able to see you and your family there for the holidays. A seller can really pack a punch when they take an ordinary showing and make it that much more comfortable and beautiful with decorations for the holidays. Keep this in mind when you are looking through the available real estate in Utah.

Real Estate Management Offers Consistent Care

Owning property is a luxury that many people wait decades to do, if they ever own property in their life. Owning multiple properties and renting some of them out is an even more rare opportunity, one that can be a bundle of cash or a bundle of problems. Renting out property can bring in enough to cover the taxes and maintenance and a little bit extra to pay the owner, or it can bring in problems and lawsuits of many varieties. Not everyone wants to become a lawyer so that they can make the best use of their property, but they still want to rent out the properties they aren’t using; when someone makes a business of renting out their unused homes, they can either learn the laws and manage everything themselves or they can hire someone else to take care of all that. Real estate management in Mobile, AL, is nearly as varied as the residents, but that means there is management available for any kind of property.

Consistent Care

Condos where every unit has a different owner can be tricky to rent; some HOAs have a stipulation that all rented units need to be managed by the same company so that there is consistency across the floor and every unit is maintained to the same standards. Some people own multiple apartment complexes and want one level of service offered to all their tenants; hiring a management company will ensure this. Some people worry that a management company will not be as invested in the property as the owner is; this can be a good thing or a bad thing. A management company depends on the owner keeping them on for their monthly pay, and so should be invested in maintaining the property, but because they have no emotional attachment to it, they can better evaluate reasonable cost and risk.

Company Management

Living in a property is a personal, emotional thing; renting a property is a business transaction. Managing a rental property is part of that business transaction, and for those who live far from their properties, who are too emotionally involved, or simply have too many to manage themselves, there are companies that handle real estate management in Mobile, AL.

When to Hire a Real Estate Attorney

Purchasing real estate is what the American Dream is all about. Owning your own home is exciting. Unfortunately, the process of buying a home can cause a lot of potential problems. You’ll experience quite a few challenges. The good news is that your purchase will go over well, as long as you hire the necessary experts. You should definitely hire a professional home inspector as well as a real estate attorney before you sign on the dotted line.

Due Diligence

When you make an offer on a home, you have the right to perform your due diligence. That means there is a certain time frame during which you can examine the property and everything that belongs to it. Most people will hire a home inspector to ensure that the home is structurally sound. The inspector will check every system in the house, such as the electrical and the plumbing, but he will also examine the foundation and the roof. Finally, he will point out small problems as well, including a chipped sink.

Since you’re spending time and money on doing your due diligence in regards to the property itself, you should also be prepared to spend time and money on the details behind it. Your real estate attorney will perform his own due diligence. For example, it’s important to perform a title search to ensure that the property you’re buying indeed belongs to the seller without restrictions. 

However, due diligence also includes examining the property itself. You need to know where your property starts and where it ends. While there may be a fence, it could have been put up inside or outside of your property lines. The same is true for any trees bordering your property. It’s important to know whether you are required to take care of them or your neighbor.

Purchase Contract

Purchasing a home involves signing many different papers. While you probably understand the terms of your home loan very well, it’s unlikely that you understand everything in the contract between you and the seller. Unfortunately, when it comes to legal contracts, the meaning can be changed with very few words. Without a skilled attorney on your side, it’s unlikely for you to detect such a nuance in your contract. 

While you don’t have to hire an attorney before you start looking for homes, it makes sense to have him look over the contract before you make an offer on the house. If you don’t want to lose time, you can ask him to help you draft an offer letter, for which you just fill in the amounts. However, you should definitely have your attorney present at closing in order to have him look over the sales contract with you. 

Special Circumstances

Of course, you may have already realized that you’re going to need to hire a legal expert, because you’re not making an ordinary purchase. Maybe you’re negotiating with the seller asking him to carry the mortgage for you. Maybe you’re purchasing an investment property and want to put the title in the name of your company. Or you are actually selling another house at the same time, but you want to ensure that the proceeds are part of a tax-free exchange.

Your real estate attorney can certainly handle any of these scenarios. It’s important to remember that you’re hiring him for your protection. While he can’t predict a problem with the plumbing system, he can point out the pitfalls that might not be clearly visible in your contract. The money you’ll pay your attorney will be money well spent. 

Why You (Don’t) Need to Learn More about Property Management

Owning investment property is wonderful. It’s generally a safer investment than the stock market, because the value of the house is rarely going to drop down to zero. Additionally, you can rent out your property and let your renters help you pay your mortgage. However, owning a rental property means that someone has to manage it. Therefore, you have two options: either you need to learn more about property management, or you need to hire someone to do it for you.

Property Management Is Time Intensive

Managing one or more rental properties can be very time intensive. In fact, it takes up enough time for most apartment complexes to (more…)

The Perfect Charming Home in the City

If you are looking for a home with a little character and a personality of its own, you are in luck. There are plenty of homes for sale in the avenues in Salt Lake City. If you are not familiar with this area, you are in for a treat. The homes in the avenues are quaint, charming, stylish, and packed full of the very character you seek.

If you are interested in walking through a few of these homes, you can schedule a time with your realtor to meet up and check out the area. You will find an eclectic and artsy vibe to this part of town, and the homes are an extension of those who live within them. If you are looking for something unique and stylish, you will be thrilled at the options available.

When you discover a house you really like, it is always a good idea to talk to the neighbors to see how they feel about the neighborhood. This is gives you an excuse to meet the people you will be living next to as well in order to determine what kind of neighbors you will have. There is so much more to moving to a new part of town than just the house itself. You might also want to drive around to see how far away the grocery stores, schools, post office, library, and other locations and facilities are.

Moving is such an exciting thing; however, it can also be stressful and often times a little emotional. If you have children who are leaving their friends and their most familiar places, it can be a difficult transition. It is important that you show some sensitivity and understanding of the emotions they might be experiencing.

If you are ready to make the big move, it is time to check out the homes for sale in the avenues in Salt Lake City. When you discover this quaint and hip part of town, there is no turning back. You will want to settle right into your new life and begin the adventure you are seeking in a new and exciting place. It will only be a matter of time before your whole family is on board.

Reasons to Live in Park City

Are you a person who loves the outdoors and wishes to live in a beautiful place where nature is just out your back door? Perhaps you also want to live near a cultural hub and have access to the best in food and entertainment. You probably think when choosing a location for your home, you must choose between one of the above options, but the truth is that there is a place where it is possible to have the best of both worlds in one location. That place is Park City, Utah. The following article outlines a few of the many benefits you will receive from making Park City your home. If you are ready to start looking for the perfect home in Park City, Utah, contact Tisha and Cam to be introduced to luxury real estate at its finest.

Why Live in Park City?

Park City, Utah is a truly unique locale. Not only do you have the benefit of living in one of the nation’s top cultural meccas, you also have the benefit of living in one of the most beautiful locations as well. The following list outlines a few of the many benefits you will receive from making Park City your home.

  • The Sundance Film Festival—Each January the Sundance Film Festival takes place in Park City. Founded by a company owned by Robert Redford, The Sundance Film Festival is one of the largest independent film festivals in the country. Each year the Sundance Film Festival draws tourists, filmmakers, and famous Hollywood movie stars to Park City. The Sundance Film Festival is one of the many exciting events that takes place in Park City.
  • The Greatest Snow on Earth—Park City is primarily a resort town, and here you can find several locations to enjoy Utah’s famed “Greatest Snow on Earth.” If you are a lover of the outdoors who wishes to ski, snowboard, snowshoe, or snowmobile, Park City is a great location. Park City not only attracts adventure-lovers in the winter; it is also a great location for camping, hiking, and hunting.
  • A great place for a second home—Not everyone wishes to live in Park City full time, and for that reason many people have their second home or cabin in Park City. Since the town has a reputation as a resort location, many people visit their second homes regularly during the winter and summer months, and Park City becomes a haven and a respite as a home away from home.
  • The home of great food and shopping—Park City is also a mecca of food and shopping. There are many places to do both of these activities in Park City, and the location is known nation-wide for its great food, fun, and artistic outlets.
  • A great commuter location—If you wish to live in Park City but cannot find employment there, you still have options. Park City is only a 40-minute commute to Salt Lake City, Utah’s state capital. This is a very reasonable commute if you need to work in a large city. Furthermore, having the biggest city in Utah so near at hand, while still having the benefits of living in a mountain resort community, is amazing.
  • Excellent real estate options—Park City is constantly changing and growing, and the city is the home of amazing properties and real estate options. There are homes ranging from $300,000 all the way up to the millions. If you are interested in finding out what real estate options Park City can offer you, contact Tisha and Cam at Luxury Real Estate.

How to Budget when Buying a Real Estate Property

Realtors urge their clients who are considering a home purchase to carefully prepare a financial plan in order to be able to reach their goals. First-time buyers often only think about having a down payment, but there are many other expenses they will be confronted with. The closing costs can also bite a big chunk out of their savings, as well as paying property taxes for the upcoming months. If you are looking at real estate in Carlsbad, you will also need to pay for an appraisal, home inspection, and insurance. Are you interested in a fixer-upper? You will need money right away for urgent repairs and improvements. Ask your real estate agent for budget calculations and advice if you want to do it right. Consider some of the following issues as well.

Assess Your Finances

The only way to truly learn more about your household’s financial situation is to keep track of your income and expenses. Make a list of all the money coming in, and what is being spent. You can do this on paper or on a spreadsheet on the computer. Do this by month, and see how much is left at the end. It will give you a better idea on how much more you can afford on mortgage payments than what you are currently spending on rent. You should also have a few dollars left for utilities, homeowner’s insurance, and maintenance. Save for furniture if you are aiming for a bigger place.

Mutual Agreement

Are you purchasing a house together with a partner? Make sure that you are both on the same page, and willing to make sacrifices in case times get tough. Buying a house is a long-term commitment. Quite often, you may not be able to go on vacations for a while, and leisure activities may need to be kept at a minimum as well, at least until your financial obligations ease up. Ask your real estate agent to calculate a manageable mortgage amount, and which type of home you can buy for that amount.

Apply for a Mortgage Pre-Approval

The easiest way to find out how much money you can spend on real estate in Carlsbad is by asking a lender for a mortgage pre-approval. Explain your situation and intentions to a representative. Financial institutions need several documents from applicants, such as pay stubs from all household members, bank statements, and tax information. They will also check your credit score, which means that you should improve it as much as possible before approaching the bank.

The Dos and Don’ts of a Rental Apartment

Because of record low interest rates and an increasing number of homes on the market, you may notice that it is difficult to find a good place to rent at a reasonable price. The rental market is flooded with applicants, and therefore it is a very competitive market and rental owners have the luxury of a wide variety of applicants to choose from. The following article outlines a few of the dos and don’ts for finding a New Salem, PA, rental apartment to assist you in your search.

The Dos and Don’ts of Renting an Apartment

If you are in the market to rent an apartment, you may find that you are competing with a lot of applicants in a market that is flooded with potential renters. In order to be the best applicant possible, the following list is provided, which outlines a few of the dos and don’ts for finding an apartment to rent.

  • Do expect credit and background checks: Property owners want to make sure that they are renting their property to a renter that is a low risk and that will continue to pay the rent for the duration of their contract. Most property owners require a credit check, a background check, and a pay stub. If you are unable to provide these items or have a low credit rating or criminal record, it may be difficult for you to find a reputable apartment in a good neighborhood to rent. If you can provide these items and do well with all of the checks, there is a good chance you will get the apartment so long as you are the first applicant who qualifies.
  • Do expect to sign a contract: Nearly all property owners will require that you sign a six to 12 month lease for the property. It is rare to find a property owner that is willing to lease on a month-to-month basis. Your best bet for finding such a lease is to live in a renter’s basement apartment.
  • Don’t drag your feet: Since property managers are required to rent an apartment to the first qualified applicant, time is of the essence. The sooner you express your interest in an apartment and pay the required fees, the more likely you are to get the apartment you want.
  • Do expect to put money down: Since property owners want to ensure that their rental property is protected and kept in good repair, you can expect to pay quite a few fees in order to rent a property. If you are looking for a single room or small apartment, you may be required to pay the first and last month’s rent up front. No matter what, you can expect to pay a security deposit, some of which may be returned to you when you move out of the apartment. The amount returned to you depends upon the condition of the apartment when you leave. You will also have to pay an application fee, which is non-refundable and does not guarantee that you get the apartment you are applying for. 
  • Don’t accept an apartment without walking through it first: You want to know exactly what you are getting into before you agree to move into an apartment, and before you sign a lease you want to have a walk-through not only to see the place in person, but to make sure the New Salem, PA, rental apartment is in a good neighborhood.