Francesca Volpe - RE/MAX Alliance



Posted by Francesca Volpe on 4/3/2017

What should you expect after you make an offer on a residence? There are several steps that will take place between the time you submit an offer on a house to the date you finalize a purchase agreement, including:

1. Acceptance or Rejection of Your Initial Proposal

A home seller will have a short period of time to accept or reject your initial offer.

If a home seller accepts your proposal, you'll be able to move forward in the homebuying process. Conversely, if he or she rejects your offer, you may be forced to restart your home search.

On the other hand, a home seller may counter your offer as well. In this scenario, you likely will be given a set amount of time to accept or reject the counter-proposal. Or, you may be able to further negotiate with a home seller in the hopes of finding common ground.

The time between when you submit an offer on a home and receive a home seller's response to your proposal can be stressful. Fortunately, working with an experienced real estate agent ensures that you'll be able to stay up to date. This real estate professional will even help you put together a competitive offer on any home, ensuring that you can boost your chances of getting an instant "Yes" from a home seller.

2. Completion of a Home Inspection

Although a home seller has accepted your initial proposal, you'll still want to conduct a thorough home inspection to identify any major property issues.

For example, if a house has a faulty roof or defective hot water heater, an expert home inspector will be able to uncover such problems immediately. That way, you can learn about issues that may impact the long-term value of a home as part of an inspection.

If you find out about major issues with a home during a property inspection, you can rescind your initial offer and walk away from a house. Comparatively, if you still want to buy a home in spite of problems that were discover during an inspection, you can ask the home seller to complete home repairs or upgrades. You also may want to consider asking for a price reduction if major home repairs or upgrades are needed.

Ultimately, a home inspection will help you make an informed homebuying decision. After a home inspection, the ball is in your court, and you can choose to move forward with the purchase of a home, revise your initial offer or remove your proposal altogether.

3. Relocation to Your New Address

The final step of the home selling process involves closing on a home and relocating to your new address. At this point, all you'll need to do is pack up your belongings from your current location and move them to your new home.

Purchasing a home may seem impossible at times, but the homebuying process often gets easier as it progresses. Plus, homebuyers who collaborate with an experienced real estate agent can receive plenty of support as they navigate each stage of the homebuying journey.




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Posted by Francesca Volpe on 3/20/2017

Do you enjoy the hustle and bustle of the big city? If so, you're sure to enjoy a city home.

Ultimately, there are many reasons to consider purchasing a home in a big city, including:

1. You can enjoy quick, easy access to public transportation.

Let's face it owning a car sometimes can be problematic, and the costs associated with fuel, insurance and maintenance can add up quickly. However, you may be able to cut out some of these expenses if you live in the city.

Many cities feature public transportation systems that make it simple to travel from one location to the next. That way, you can avoid the hassles commonly associated with car ownership.

2. You can check out a broad assortment of attractions and entertainment.

The lights are always brightest in the city. Here, you can visit museums, historic landmarks and other attractions any time you choose.

For those who live in the city, you should have no trouble accessing a massive assortment of attractions and entertainment. From live theater performances to sports events, you can enjoy fun experiences in the city year-round.

3. You can visit a wide range of high-quality restaurants.

Foodies rejoice! Cities are home to some of the world's best restaurants, guaranteeing you can sample gourmet cuisine that you may struggle to find elsewhere.

Whether you appreciate traditional pub fare or elegant French dishes, you're sure to find exactly what you're looking for at a city restaurant. Plus, many city restaurants offer take-out menus, ensuring you can get first-rate cuisine delivered to your home.

How can you obtain a home in the city?

You don't need to be a millionaire to purchase a city home. In fact, here are three tips to ensure you can acquire an outstanding city house at a price that meets your budget:

1. Browse the housing market closely.

New homes reach the real estate market every day. As a homebuyer, you'll want to explore the housing market closely to find a residence that you can enjoy both now and in the future.

Examine the prices of recently sold homes in the city. Also, be sure to check out a variety of residences in-person. By doing so, you can understand what you can afford and map out your homebuying journey accordingly.

2. Get pre-approved for a mortgage.

Meet with multiple banks and credit unions before you begin your search for a city house. This will enable you to get pre-approved for a mortgage and kick off your home search with a homebuying budget in hand.

3. Work with a real estate agent.

Hire a real estate agent who understands a city's real estate market. This real estate professional will offer honest, unbiased homebuying recommendations. That way, you can accelerate the homebuying process and avoid the risk of spending too much on a city home.

Use the aforementioned homebuying tips, and you can move one step closer to securing your dream home in the city of your choice.




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Posted by Francesca Volpe on 2/27/2017

If you're in the market for a new home, Vermont may prove to be a great place to settle down. From Lake Champlain to the Shelburne Museum, the Green Mountain State boasts many terrific attractions. Plus, Vermont features a bustling real estate market, one that offers numerous high-quality houses in cities and towns across the state.

Ultimately, Vermont offers a wonderful place to live, which means you may need to act quickly to purchase a great house in the Green Mountain State. Lucky for you, we're here to help you do just that.

Here are three homebuying tips to help you secure a top-notch residence in Vermont.

1. Set Realistic Homebuying Expectations

Although you may search far and wide for a Vermont home, it is important to understand that no house is perfect. However, if you establish realistic homebuying expectations, you can streamline your home search and avoid potential "disappointments" along the way.

Make a checklist of "must-have" items that you would like to see in your Vermont home. This list may include everything from an indoor fireplace to a fenced-in backyard.

Then, create a list of things that you "want" to find in a Vermont home but can live without if necessary. This list may feature things like a home automation system or mud room.

After you differentiate your must-haves from your wants, you can pare down your Vermont home search. By doing so, you'll be able to streamline the process of buying a Green Mountain State home that meets your expectations.

2. Review Your Finances

Do you have enough money to buy a Vermont home? The only way you'll know for sure is to review your finances and find out how much money you have at your disposal.

For the majority of homebuyers, a mortgage is necessary. Thankfully, many credit unions and banks are available and will share information about all of your mortgage options.

Start meeting with credit unions and banks today you'll be happy you did. These lenders will be able to provide you with details about adjustable- and fixed-rate mortgages and help you secure a mortgage that fits your budget.

3. Work with a Real Estate Agent

Hire a real estate agent before you kick off your search for a Vermont house. With a real estate agent at your side, you can take the guesswork out of finding the right Green Mountain State residence.

Your real estate agent will serve as your guide to the Vermont housing market. He or she will inform you about new houses that become available, set up home showings and negotiate with home sellers on your behalf. In addition, if you ever have homebuying concerns or questions, your real estate agent will respond to your queries.

When it comes to buying a Vermont home, there is no need to navigate the homebuying process alone. Fortunately, your real estate agent will keep the homebuying process simple and ensure you can purchase a superb Vermont house any time you choose.

Don't wait to begin your Vermont home search use these tips, and you can move closer to buying an outstanding Vermont residence.




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