Joseph Federico's Blog
When you find a house that you love a lot, your main concern may be that other people really love the home too. How can you make your offer stand out? You might want to write an offer letter to go long with your proposed purchase price for the home. While making the highest offer s typically the best way to secure a bid on a home, if sellers get a few similar offers, they may be enticed by an extra bit of effort on the part of the buyer.
There are certain ways that you can craft an offer letter to help a seller be intrigued a bit more and accept your offer. Many times, sellers have a certain type of attachment to a home. They want someone who loves the home as much as they did. Most sellers who have taken pride in their homes want to pass that on to the next owner. Be sure you tell the owners that you appreciate the care that they have taken to keep their home nice. You can also mention that this home will be a great place for you and your family to grow. If you let your enthusiasm stand out, you’ll be able to shine among other offers.
Give Your Backstory
If you happen to be expecting your first child, or maybe your family is expecting another addition, you may want to note that in your letter. Getting personal with a stranger may seem kind of odd, yet sharing a bit of your story can help a seller feel more comfortable about accepting your offer as opposed to any others. If you have family or good friends that live in the neighborhood, let the seller know about that as well. Sometimes, sharing your story gives that extra touch that you need to have a winning offer.
Just as you would praise the seller for taking good care of the home, you also want to point out any specific updates that will make your life easier. If there’s a newly landscaped backyard, mention it. If the new roof looks great on the house, include it in your letter. If you notice that the sellers have dogs, let them know how much your dogs will love being in the house as well. You’re not brown-nosing, you’re just giving the sellers a little something to be proud of, letting them know that you took notice!
Don’t Be Afraid To Get Sentimental
If the home happens to be in the same neighborhood that your family grew up in, then by all means include that in your letter. If your mom lives a few blocks away and is hoping to be closer to the grandkids, it doesn’t hurt to tell the seller about it. The bottom line is to get a bit personal and let the seller know why you want the home. From the home itself to how it will suit your needs, a seller will feel good accepting an offer that they have a connection to.
Searching for a new house that will meet your needs without breaking your budget can sometimes feel overwhelming! There are dozens of factors to consider and countless details to handle at any point in time.
Fortunately, there are strategies for getting it all done, maintaining your sanity, and being satisfied with the final outcome.
If you feel like you're getting off track (or can't even find the train station), here are a few tips for getting organized:
Create a priority list. If you haven't clarified and discussed with your spouse what you want and what's important to both of you, then there's a good chance you won't get it. You do not have to go it alone, though! A top-notch real estate agent can help you create a working list of priorities and preferences that you can use as a measuring stick when evaluating homes for sale. Better still, once you develop this list with your agent, he or she will have the information they need to efficiently locate properties that conform to your wish list and requirements. Your priority list will be based on a lot of criteria, including your desired lifestyle, the size of your family, and proximity to good schools, recreation, and shopping centers. If may also be important to you to live within a short drive to work, childcare facilities, or houses of worship. One of the best ways to organize your wants and needs is to get a copy of a homebuyers' "wish list" from your Realtor or the U.S. Department of Housing and Urban Development (HUD). Key factors to consider when developing your list may include items like architectural style, the amount of remodeling you're prepared to do, and the size of the yard. Privacy, space between neighboring houses, and distance from busy highways are also important factors to weigh.
Choose the right real estate agent: The ideal way to find a real estate agent you'll be pleased with is to get recommendations from family, friends, and trusted business associates. If someone you know well has had a favorable experience with a specific real estate agent, chances are good that your experience would be similar. Since most real estate agents value referrals, a smart agent will strive to make a positive impression on both you and the person who referred you. It's often advisable to talk with more than one real estate agent before making your final decision, though. That way you'll be in a position to compare qualities like experience, knowledge, personality, rapport, and energy level. It's vitally important that you feel comfortable with the agent you decide to work with, and that they're responsive to your questions, concerns, and requirements.
While a "wish list" and a "must have" list are essential components of a successful real estate search, the process unfolds much more smoothly when you remain open minded, flexible, and realistic.
A real estate agent doesn't get paid unless he sells your house or negotiates a great deal on a new house for you to move into. If you've never worked with a real estate agent before, you may have lots of questions about how the process works. The below points offer insight into what you can generally expect when you work with a real estate agent.
Start smart when dealing with a real estate agent
During early meetings with a real estate agent, expect to find out how many other sellers or buyers the agent is representing. You'll also learn about the agent's standard commissions or fees. Third parties that the agent works with should also be discussed during early meetings.
The agent will create a marketing and advertising plan if you are selling your home. If you are house shopping, your real estate agent will search indexes, websites and directories for houses that are within your price range. The agent will also look for houses that meet your square footage and amenities requirements.
Home staging and open house schedules will be shared with you, so that you can view houses you're interested in buying in person. This also gives you the chance to as current owners of the houses or their representatives questions. If you'reselling your home, real estate agents work with stagers and interior designers to get your house ready to be showcased. Agents may ask you to remove family pictures and bright colored decorations off walls and tables while your house is being staged.
Photographs and videos will be taken of your home to generate leads. These pictures and videos will be placed on realtor websites. As a buyer, your real estate agent will share pictures and videos of houses that match your new home requirements with you.
What happens when you get closer to buying or selling a house
Throughout the home selling or home buying process, your real estate agent may telephone and email other area realtors to learn about properties on the market.
When your real estate agent finds houses that fit your requirements, he'll contact you and schedule a day and time for you to visit the houses. This part of the home buying process could take weeks or months. The more clear you are about what you want in a house, the shorter the process generally is.
Your real estate agent should handle paperwork and negotiations. Your agent should stick with your pricing requests. Your agent shouldn't talk you into buying a house that you cannot afford. Nor should your real estate agent try to talk you into buying a house that's too big or too small.
Few are as well versed in the world of home buying and selling as a real estate agent. Knowing what to expect from a real estate agent helps to take the uncertainty out of the process, especially if you're a new home buyer or a new home seller. Knowing what to expect from the real estate agent relationship also helps you to know which questions to ask agents you're thinking about contracting with.
Tourism is big in New England. Even so, New England states offer much more than rich historical locations. Culture, enterprise, social and community traditions help to make New England a great place to live and raise a family. There is no other region of the United States that is older than New England. If you value and appreciate history, New England is a great place to call home.
Diverse Landscapes – Oceans, beaches,mountainous areas and flat lands make up New England. Looking for great beaches?There’s Cape Cod, Nantucket, Falmouth and Martha’s Vineyard, to name a few. Quaint villages in areas like the Hull and Truro make for memorable, relaxing getaways. Of course, you could also purchase property in one of New England’s villages and regularly enjoy a quieter and calmer pace of living. But, that’snot all. Mountainous landscapes include Mount Washington, Mount Flume, Mount Liberty and Mount Mansfield.
Food – Although it’s famous for its breweries, New England offers savory food items. There’s hot clam chowder to warm you on cold afternoons. Cranberries, maple syrup, steamed clams, cheese and lobster are New England staples.
Waterways – Numerous lakes and rivers provide for great fishing. If you’re into fishing, board a boat and spend the afternoon relaxing while you travel down waterways like the Pow Pow River, Lake Attitash or the Kennebec River.
Sports – You don’t have to be an outdoors person to get into New England sports. If you love football, there’s the Super Bowl winning New England Patriots. Not a football fan? You and your family could attend Boston Celtics, Boston Red Sox, the Connecticut Sun or Boston Bruins’ games. You could also enjoy taking in one or more minor league athletic events.
Business – Major corporations, midsize companies and small businesses thrive in New England. If you’re an entrepreneur at heart, you could start a family business and potentially see a spike in sales if your business is located in a major business hub or if your business is located in a busy tourist spot. Cities like Boston, Hartford and Worcester are known for robust enterprise.
Education – Harvard University, Boston College, Yale University, Brown University, Dartmouth College and the Massachusetts Institute of Technology (MIT) are located in New England. Secondary public schools offer robust curriculum to prepare students for admittance into one of the area colleges or universities.
Literature – Ralph Waldo Emerson, W. E.B. DuBois, Henry David Thoreau, Emily Dickinson and Robert Frost were either born or lived in New England. Storyland in Glen, New Hampshire takes popular childhood stories like Cinderella and Mother Goose from the printed page to the stage, connecting children and adults to the celebrated stories even more.
Arts and Crafts – Several arts and crafts festivals are held throughout the region, many are free to enter. You can also enjoy street festivals and local seasonal arts and crafts shows. Come as an artist and showcase your talents.
Climate – Just as New England offers diverse landscape, it also offers diverse climate. All four seasons are experienced in the region.
National Landmarks - About 20% of America’s historical sites or national landmarks are in New England. The country’s first public park, oldest newspaper and largest producers of blueberries hail from New England. Among the area's national landmarks are the Edward Bellamy House, Acadia National Park, Lebanon Green, John Adams’birthplace, W. E. B. DuBois’ childhood home, Ralph Waldo Emerson’s home and House of the Seven Gables.
Running out of things to do in New England is hard, especially if you like to get out and visit new sites. Schools, worship, entertainment, sports, shopping and community enriching offerings help to educate, inspire and strengthen people of all ages and from a broad range of backgrounds. You don’t have to be an avid fan of an area professional sports team to become a proud New Englander.