CENTURY 21 Ed Pariseau, Realtors

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4 Reasons to Move Up to Your Dream Home This Spring

May 9, 2016 by CENTURY 21 Ed Pariseau, Realtors

 4 Reasons to Move Up to Your Dream Home

 4 Reasons to Move Up to Your Dream Home

 

4 Reasons to Move Up to Your Dream Home This Spring

 

Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting.

 

1. Buyer Demand is High & Inventory is Low

Recent numbers show that buyer demand is at the highest peak experienced in years, and inventory for sale is at a 4.5-month supply, which is still markedly lower than the 6 months needed for a historically normal market.

 

Demand in many markets is far exceeding the supply, and more properties in March sold in less than 30 days (42%) than in any month since last July.

 

Listing your home today can greatly increase exposure to buyers who are out in force and ready to act.

 

2. Prices Will Continue to Rise

CoreLogic recently released their latest Home Price Index in which they predict that national home values will appreciate by 5.3% by this time next year.

 

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting for your current home’s value to increase before selling could price you out of your new home if you aren’t careful.

 

3. Mortgage Interest Rates Are Still Near Record Lows

Interest rates have remained below 4% for some time now and are substantially lower than the rate previous generations paid when getting a mortgage.

 

The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison projecting that rates will rise over the next 12 months.

 

An increase in rates will impact YOUR monthly mortgage payment. Even an increase of half a percentage point can put a dent in your family’s net worth. Whether you are moving up or buying your first home, your housing expense will be more a year from now if a mortgage is necessary to purchase your home.

 

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But, what if they weren’t? Would you wait?

 

Look at the actual reason you are buying and decide whether it is worth waiting. Have you always wanted to live in a certain neighborhood? Would a climate change be just what the doctor ordered? Would you like to be closer to your family?

 

Bottom Line

 

If the right thing for you and your family is to move up to the home of your dreams this year, buying sooner rather than later could lead to substantial savings.

 

 

 

 

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Filed Under: Blog Tagged With: Buying a home, Home, Home Buyer, Home For Sale, Update

Home Buyer: What to Look for in an Open House

April 20, 2016 by CENTURY 21 Ed Pariseau, Realtors

Home Buyer: What to Look for in an Open House

 

Home Buyer: What to Look for in an Open House

 

Open houses may be staged to look like a home decor dream, but don’t let that distract you from the real reason you’re there: to potentially buy a home. Make sure you can look past the neatly arranged furniture and focus solely on whether the house would be a good fit for you and your family. To help, here’s a home buyer’s checklist of things you might have missed at first glance.

 

Windows – Look specifically if they are facing the right direction to let sunlight in, and whether they open to a nice view (versus directly toward another neighbor’s window).

 

Under the Sink Cabinets – Check for possible signs of water damage due to leaky plumbing.

 

Electrical Outlets – Make sure there are enough outlets for the appliances and other electronics you’ll be using. If not, you can decide if that’s a renovation you’d like to make.

 

Storage Space – Don’t just look to see if there’s enough closet space, but look for closet placement. Also check that the storage is in a convenient location.

 

Appliances –  If they’re included in the house, make sure they’re in good condition. They should be on and working while you’re there.

 

Under the Rugs  – Lift up any rugs to check the condition of the floor underneath.

 

Floor Level – Check to see if the floors are level. Place a marble or another small, round object on the floor and see if it rolls consistently in one direction.

 

Attic – If the house has one, make sure it’s well insulated.

 

Water Spouts – Runoff from the gutters should be pointed away from the house, so take a step outside to see if this is the case.

 

This list isn’t all-inclusive, but it’s a good place to start. Talk to one of our  #c21epr agents to see what else he or she might add.  

 

 

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Filed Under: Blog Tagged With: Home Buyer, Open House, Tips

Neighborhood Checklist

March 4, 2016 by CENTURY 21 Ed Pariseau, Realtors

Neighborhood Checklist

Neighborhood Checklist

When you buy a home, you’re getting more than just the structure of the house – you’re getting the neighborhood, too. We recommend visiting the new area multiple times at different times of the day to get a feel for it, since that may determine your family’s experience while living there. A great house might not be as enjoyable if the surrounding community isn’t a good fit. To help out with your neighborhood evaluation, use this checklist of important items to look out for.

 

Sidewalks – The presence of sidewalks may indicate that the neighborhood is an active one. It may also be safer for those with children, since drivers and pedestrians won’t be sharing the same space.

 

Parks – A nearby park might be beneficial for you and your family to get some exercise while meeting new people.

 

Schools – Check to see how far away the schools are, and how your children would be getting there. This may not be as important for homeowners who don’t have children.

 

Major Roads – Drive around to locate the closest major highways. If big roads are close, they may increase noise level around your home or become a security concern for those with small children and pets.

 

Transportation – Depending on the area, you might not always depend on a car to get around. Explore the local public transportation options to see what works for you.

 

Shopping Centers – Figure out how close you are to shopping centers so you can estimate how long it will take to run errands on a typical day.

 

Restaurants – If your family likes to dine out, check out the food scene near your house to see if you’ll enjoy frequenting those restaurants.

 

Recreational Centers – Whatever you and your family do for fun, make sure there’s something within a reasonable distance. Think fitness centers, pools, dance or martial arts studios, painting classes, or anything else that could entertain you and your family.

 

At your next open house, bring this checklist with you as you go for a walk around the neighborhood. Your new community might be a perfect fit!

 

 

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Filed Under: Blog Tagged With: Community, Home, Home Buyer, Home For Sale, Neighborhood, Tips

Moving Day Mistakes That May Slow You Down

January 11, 2016 by CENTURY 21 Ed Pariseau, Realtors

Moving Day Mistakes

Moving Day Mistakes That May Slow You Down

 

Congratulations!   

 

You’ve found a new home. Now it’s time to move in. One of the most important components of a successful move may be staying organized. Avoid making these common moving mistakes and you are likely to have a smoother move.
 
Packing boxes haphazardly

You may think that putting everything into boxes as fast as you can is easier, but in reality it is likely to make unpacking a headache. How will you find your silverware without opening up every single box? Pack items by room and label them accordingly so movers can drop them off in the appropriate rooms.
 
Hiring movers without researching

Do your research before choosing a moving company. Read reviews and ask for referrals from friends to decrease the likelihood of lost, stolen, or damaged belongings.
 
Forgetting to set up utilities beforehand

Call your providers a month before your move. Schedule to have your utilities set up in advance so you don’t have another task on your to-do list on moving day.
 
Underestimating the importance of measurements

Can your living room sofa fit through the front door? Take measurements of doorways beforehand to make sure all your large pieces of furniture can fit. If the front door isn’t an option, measure other entry ways, such as the back door or garage.
 
Not packing a “just in case” kit

Pack a small suitcase with clothes and belongings you’ll need to get through one week. If anything comes up that delays your movers significantly, you may be relieved to have the essentials on hand.
 
Avoid these mistakes and your move may just fly by, stress-free. Looking for more tips? Use our Ultimate Moving Checklist. 

 

 

 

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Filed Under: Blog Tagged With: Home, Home Buyer, Home Seller, Move, Moving, Successful, Tips

Tips for Assessing a Driveway When You Buy

December 11, 2015 by CENTURY 21 Ed Pariseau, Realtors

Tips for Assessing a Driveway When You Buy

 

Tips for Assessing a Driveway When You

 

Thought-out floor plans, updated kitchen appliances, and abundant backyard space may be perks you’re searching for when trying to find your dream home, but a seemingly minor aspect may make or break the sale – and it’s right under your feet. An attractive driveway boosts curb appeal and sets the tone for the entire home. You don’t want to come home to a dilapidated driveway every day after work, so here’s what to look out for when making the drive to the big decision.

 

Don’t step on the crack:

Cracks and crumbling, sunken areas in a driveway usually mean there are weeds growing underneath. The option of tearing apart and repaving could be in the cards, but wouldn’t you rather spend your money on other household projects?

 

Sharing is caring:

…except when you’re sharing a driveway with your neighbor. In some urban neighborhoods, cohabiting the same driving space with dwellers surrounding you is the norm. If you’re not comfortable with constant communication in the early morning hours, perhaps this might not be the right home for you.

 

Keep a watchful eye:

A security system in your home is commonplace nowadays. Having a driveway sensor to detect suspicious movement around the entrance of your home would give your entire family an additional sense of safety while you’re at the office or school for the entire day. While more of a perk than a necessity, the luxury of having heightened protection can give the home a desirable edge.

 

A worthy investment:

Looks matter in a lot of departments, including your driveway. Gravel driveways are economically easy to make and maintain, while a timeless cobblestone path gives the home upscale undertones. Attractive paths tend to lead towards more impressive interiors, so the bar is already set high from the moment you park the car.

 

Keep these tips in mind when you go to your next open house – they may make all the difference!

 

 

 

 

 

 

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Filed Under: Blog Tagged With: Buying a home, Curb appeal, Home, Home Buyer

What’s the Right Home For You?

November 27, 2015 by CENTURY 21 Ed Pariseau, Realtors

What’s the Right Home For You?PG 23Looking for a house to buy?  This section will help you create a prioritized list of features to narrow your search.

 

Before deciding which house to buy, consider your lifestyle, current and anticipated housing needs and budget. It’s a good idea to create a prioritized list of features you want in your new home; you’ll quickly discover finding the right house involves striking a balance between your “must-haves” and your “nice-to-haves.”

 

If you love to cook, you’ll appreciate a well-equipped kitchen. If you’re into gardening, you’ll want a yard. If a home office is a must, you’ll need a room that will provide you adequate work space. If you have several cars, you may require a larger garage. Use this list as your search guide.

 

Next, think about what you might need in the future, and how long you are likely to live in this particular home. If you’re newly married, you might not be concerned with a school district right now, but you could be in a few years. If you have aging parents, you may want to look at homes that offer living arrangements that could accommodate them as well.

 

It’s important to think about your new home’s location just as carefully as its features. In addition to considering the distance to work, evaluate what matters to you in terms of services, convenience and accessibility, such as shopping, police and fire protection, medical facilities, school and daycare, traffic and parking, trash and garbage collection, even recreational facilities.

 

Be sure to talk to your real estate professional about where you want to live and what’s most important to you. While buyers frequently use the Internet to gain access to listings or available properties for sale, an agent brings value to the entire home buying process. He or she is available to analyze data, answer questions, share their professional expertise, and handle all the paperwork and legwork that is involved in any real estate transaction. CENTURY 21® professionals can help their clients narrow their choices by sharing market trends and local information.

 

TIP:  It’s also important to consider the type of home that suits you best. Is it a condominium or a co-op? A townhouse or detached single-family home? Do you want brick, stone, stucco, wood, vinyl siding, or something else? Do you prefer a new home or an older one?

 

 

 

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Filed Under: Blog Tagged With: Buying a home, Home, Home Buyer, Ideas, Tips

Avoid These Common First-Time Home Buyer Mistakes

September 30, 2015 by CENTURY 21 Ed Pariseau, Realtors

First-Time Home Buyer Mistakes

agent - customer

 

Buying a home for the first time can be cumbersome. You’ve never done it before, so it’s normal to feel a bit overwhelmed. Luckily, we’ve pulled together some of the common mistakes first-time home buyers make. Learn from them, and you may have a smoother home buying process.

 

Forgetting About Costs:

Your mortgage will probably not be the only cost when it comes to buying a home. Smaller costs like property insurance, taxes, electric and water bills, and other fees may start to pile up. Before buying a house, you may need to look further into your savings to figure out if you can pay for all of these additional charges.

 

Looking for a Home Before the Loan:

Once you find a house and decide to buy it, you don’t want to spend time wondering if you can afford it. Knowing your budget, and that you are a qualified buyer before you begin your search may make the process easier and more efficient. Once you decide that it’s time to buy a home, get pre-approved for a loan.

 

Not Hiring Professionals:

Moving isn’t as simple as packing up your stuff and renting a van. It takes a village to move into a new neighborhood. Your team can only be as good as your weakest link, so you may want to ensure that you have only the best players. Get your home buying team in place before starting the search.

 

Being Too Picky:

There’s nothing wrong with knowing what you want when it comes to buying a home. But if your “must-have” list get too long and too specific, you may end up looking for your perfect house for a very long time. Also, remember that you can make changes once you move in. It may be wise to take the time to figure out what you really need versus what you want. If you are unsure where to start, our checklist may help!

 

Lacking Vision:

Some of the open houses you attend may not look move-in ready. But plenty of homes have hidden potential. When you look for a home, try to look past the 70’s shag rugs and lava lamps. Imagine what the home will look like after you’ve moved in with all of your own belongings, or try to envision the structure of the home without the stuff inside it. This will be an important skill, especially if you’re looking to buy a fixer-upper as your first home.

 

Ignoring the Future:

If you plan on living in this house for a long time, you may want to think ahead. You may decide to have kids in a few years, and then you’ll have to worry about another set of questions. Will there be enough bedrooms? Is the house located in a good school district? These may be things to think about when buying your home.

 

So whether you’re just starting to think about buying your first home, or you’ve already spent some time looking, there may be a lot to learn from this list of mistakes.

 

 

 

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Filed Under: Blog Tagged With: Budget, Buying a home, Home, Home Buyer

5 Tips for First Time Homebuyers

September 28, 2015 by CENTURY 21 Ed Pariseau, Realtors

5 Tips for First Time Homebuyers

 handing over keys

Congratulations! You are ready to buy a home.

 

Purchasing a home is an exciting life milestone and is a huge decision with so many factors to consider. Finding the right property can be a challenge for growing families. What may seem like a good fit now may not be the best choice for your family in the long run.

Here are our 5 best tips when buying a home for your growing family:

 

Neighborhood:  Do your research before looking at homes in neighborhoods that aren’t convenient for young families. Look into school districts, local parks, neighbors and proximity to doctors and hospitals. Consider the length of your commute to work so that you can maximize the amount of time you have to spend with your family.

 

Space:  How many kids do you want to have? Simple things like sharing a bathroom or closet space can become a hassle in the long run. Families with small children might want to look into an open-concept floor plan for safety reasons. A designated playroom might be a smart idea for your family, or maybe you’d prefer two levels instead of three. List out what your priorities before making the move.

 

Affordability:  Now that you know what you’re looking for, the next step is figuring out what type of home you can afford. A review of your income, savings, monthly expenses and debt will be necessary. Use our Affordability Calculator 

 

Offer:  Once you’ve found your ideal house, it’s time to get started with the financial and contractual side of the purchase. Let your CENTURY 21® real estate professional guide you through this process. Purchase contracts vary in length and terms from state to state, and sometimes within a state. Multiple offers on the same home are not uncommon, so you may only get one chance to make an offer that the seller will consider. That’s why it’s important to think carefully about your strategy. In most cases it is better to have your real estate professional present the offer.  

 

Inspection:  Once you’ve made an offer, hire a professional home inspector to give the house a standard inspection and make sure that it is a safe home for your family.

 

Agents affiliated with the CENTURY 21 System are ready to make a commitment to help you capitalize on current market opportunities and assist you in making an informed decision. A CENTURY 21 Ed Pariseau, Realtors associate can help ensure you make the right choice for the long term, get a better understanding of different neighborhoods, schools, and market conditions, find a mortgage specialist, and more.

 

Find an agent today!  

 

 

 

 

 

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Filed Under: Blog Tagged With: Home Buyer, Home For Sale, Inspection, Neighborhood

The Ultimate Moving Checklist

February 25, 2015 by CENTURY 21 Ed Pariseau, Realtors

 The Ultimate Moving Checklist

Congratulations! Buying a home is an exciting time for every family. The next step is packing up your current home and moving into your new one. Moving can be overwhelming but, luckily, we have a checklist to help you make your move efficient and organized.

 

moving checklist

 

The Ultimate Moving Checklist:

 

1. Disconnect all utilities: Before you move schedule for your cable, internet, electricity, etc. to be turned off. Call your provider about a month before the move to let them know the date that you want to stop the service.

 

2. Schedule new utilities: Let there be light! A month before your move, call all your providers to schedule to have your utilities setup.

 

3. Measure doorways and furniture: Take the extra precaution of measuring all your furniture and doorways in both your new and old home. Inform the movers of the measurements and make sure they have a backup plan in case some pieces can’t fit.

 

4. Change mailing address: Don’t let your mail get lost in the shuffle. Call your post office five weeks before the big move and let them know of your change in address.

 

5. Leave a change of address: It’s better to be safe than sorry. Leave a note for the new residents, informing them of your new address. If any stray mail gets through the postal system, they’ll be able to send it your way.

 

6. Get covered: It seems like a tedious task but it’s important. If you’re moving outside of your current neighborhood, it’s best to call your old pharmacy and transfer all your current prescriptions to a local pharmacy closer to your new home. Tell your doctors that you are moving and ask for referrals and record transfers. If you have children, make sure to register them for school in your new school district.

 

7. Notify accounts of your move: Whether it’s your newspaper and magazine subscriptions or your credit cards, don’t miss anything. Call all the important companies and providers in your life to give them your new address. Don’t forget to get your homeowners insurance changed to your new address!

 

8. Tag your furniture for placement: You get to your new home, furniture is all moved in, and it just so happens that everything is in the wrong place. Prevent that by sticking notes on larger pieces of furniture, signifying where they belong in the home.

 

9. Create a “just in case” kit: If the movers are late or get lost on the way, it’s best to be prepared. Fill a box with cash, a first aid kit, toilet paper, snacks, and any other daily essentials you may need to get yourself through moving day.

 

10. Get a new driver’s license, voter’s registration, etc.: Changing your address through the postal service and other accounts are important, but don’t forget to take care of personal documents as well. Change your address on your driver’s license, insurance policies, and voter’s registration.

 

Moving to a new home is the start of a new chapter. Be prepared in all aspects to ensure that you have the best moving experience ever!

 

 

moving checklist 2

 

 

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Filed Under: Blog Tagged With: Home, Home Buyer, Home Selling, Move, Moving, Organized, Projects, Tips

How to Help Baby Boomers Find a Home

January 13, 2015 by CENTURY 21 Ed Pariseau, Realtors

Help Baby Boomers Find a Home

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According to data from the U.S. Census Bureau, there are 76.4 million baby boomers. This statistic has an interesting implication for the real estate market. Many baby boomers will be in the market to downsize from the home where they raised their family to a smaller house or apartment. Here are a few tips for helping baby boomers find the right home for the next chapter of their lives.

 

 1. Friends and Family: Living in a close proximity to friends and family will increase the likelihood that baby boomers will have companionship and someone to care for them should the need arise. Plus, who wants to watch their grandchild’s first steps over video chat.

 

2. Accessibility: As people age, walking up stairs may become burdensome or impossible. Look for houses or apartments with ramps, stair lifts, or elevators. Similarly, make sure that all the housing you look at is wheelchair accessible.

 

3. Storage: Downsizing is an emotional process for many reasons — including the fear of losing the memories attached to the home and the belongings it contains. Almost every parent has a box of notes, art, cards, macaroni necklaces, and other memorabilia from their kids and grandkids. Recommend that they open a storage unit so that they can keep things with sentimental value even after they move.

 

4. Neighborhood: Ideally the neighborhood will have classes and activities for baby boomers. It will also be good to look for neighborhoods with good hospitals and doctor’s nearby. Bonus points if there is a golf course close!

 

Whether you are an agent or a friend or family member, these tips will help you make a baby boomer’s transition easier.

 

 

 

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Filed Under: Blog Tagged With: Baby Boomers, Buying a home, Downsizing, Family, Friends, Home, Home Buyer, Home For Sale, Neighborhood

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