Kim Cook's Blog
38 Lawrence St., Leominster, MA 01453
As incredible the act of purchasing a home is, many buyers end up regretting their purchase. There’s a variety of reasons for this. It all comes down to being ill-informed about buying a home and the type of home needed for the most liable situation. Read on to find out some of the biggest regrets home buyers face and how to avoid them.
Buying Too Small Of A Home
The most prominent regret that many buyers face is not buying a larger property. Many people want to live in a specific location or type of home that they overlook the size altogether. One reason that people end up buying a home that’s the wrong size is that they rush to find a property in a particular area. If you branch out on your search, you’ll have a better shot at finding the right size home. The area might not matter as much as the space you’re living in, s keep that in mind.
Not Doing Your Research
People tend to skip out on the research phase of buying a home. It’s critical that buyers understand things like mortgage rates, fees, credit reports, how much needs to be saved, and more. There are so many things that go into buying a home that you could easily miss out on something if you don’t know what you’re in for ahead of time.
Not Saving Enough
Your home will be one of the largest purchases you make in your entire life. There is a lot more to the cost than just the monthly mortgage payment. You’ll need a lot of money upfront when you buy a home including a downpayment along with other closing costs and fees. Plus, you’ll need to set some money aside for any repairs or replacements you need to do in the home once you move in. It’s also a good idea to have an emergency fund available just in case. Life happens, and you don’t want your savings to be depleted because you bought a house.
Keep in mind that the bigger of a downpayment you make, the better off you’ll be. Even if you can buy a home with a low downpayment, you want to put down as much as possible. A higher downpayment will keep your mortgage payments lower, get you a better rate, and you may even be able to avoid paying for PMI (private mortgage insurance.) Aim to save a 20 percent down payment for the most optimal mortgage situation.
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Taking good pictures of a house up for sale can be challenging, especially when trying to make your home standout against all the other homes on the market. A good picture portrays your home in a great light and tends to make your house look attractive to prospective buyers. Some home sellers hire a professional photographer to take high-resolution pictures; others may opt to take the photos themselves. Whether you're a professional or a novice, utilizing the following tips will help you capture the best photos for your real estate listing:
Use a High-Resolution Camera
Your camera is the most important tool in your arsenal. No matter the technique or angle of the shot, without the resolution-backing power of a high-quality camera your images may fall short. DSLR (Digital Single Lens Reflex) cameras are relatively inexpensive and provide a large range of operating options to suit your photography prowess, no matter what it may be.
Rearrange and Organize
Before beginning your home photo shoot, you may want to make sure the aesthetic is pleasing to the eye. Tidying up a room by putting items away, making sure the surfaces are properly dusted and cleaned, and even rearranging a few things to fit into a geometric space with plenty of negative space (space without any items) may aid in making your home more appealing.
Use Good Lighting
Lighting can often make or break a picture. If you opt to use natural lighting, make sure the weather is favorable to avoid any unwanted flares or shadows. Consider starting your photo shoot in the morning or early evening when the sun is not overbearing but still provides an adequate amount of natural light. This way, your property is not directly under the sun. If you decide to use artificial lighting, look at the colors in your home and decide if you'd like a warmer atmosphere or more radiant one. Soft white light will give your home a more homey feel, whereas bold white lights will highlight everything underneath them.
Stabilize Your Photos
Blurry images distort what prospective buyers see when they look at your house. A way to avoid blurry photos is to use a stand specifically designed for the camera you've opted to use. You may also use a table or steady your arms across a larger piece of furniture, depending on what you're snapping at the time. Many cameras also have a stabilization feature that allows them to remove or minimize the movement of the operator.
Pictures speak thousands of words. Get the right images for your home listing by following these tips or hiring a professional real estate photographer to give your home the best, glowing, visual reference on the market.