Real Estate

Real Estate Thursday - Buying or Selling a Home is a Family Affair

Real Estate Thursday - Buying or Selling a Home is a Family Affair

Team Hampton and Robbins understands that selling a home or moving can add additional stresses on the family.  Here are some tips for helping the family and children cope with the selling and buying process.

1 - Different ages bring on different challenges when it comes to how a child may handle the move.  Very young children and infants may be confused.  Explain to them what is going on in an age appropriate conversation.  School age children will be worried about making new friends and teenagers will find it the most difficult as they have developed friendships that are extremely critical to their identity.  The idea of leaving their friends and having to make new can be very stressful.  Be understanding, reassuring and share all the positives of the move.

2 - Make it fun.  When a real estate agent calls to schedule a showing everyone needs to help out to get the home in showing condition.

Social Media Monday - SocialandME.Com Open For Business

Social Media Monday - SocialandME.Com Open For Business

 

Social and Me was created to assist small business, cities and nonprofit groups utilize social media in a cost effective and strategic way.  We understand that in today’s busy world many do not have enough time to learn new platforms or marketing programs.  Social and Me feels that you should not have to spend $100s to $1000s of dollars to accomplish your marketing goals through social media.

Real Estate Thursday - 2011 in Review

Real Estate Thursday - 2011 in Review

2011 was an interesting year in real estate.  I called it the year of transition.  Overall homes sales were up throughout the year from the year before.  It was encouraging to see signs that the real estate market was improving month over month especially in Maine.

The average sale price would remain unchanged or dip a bit over the 12 months but overall values were still competitive.

Real Estate Thursday - Benefits of buying in the winter and more

Real Estate Thursday - Benefits of buying in the winter and more

Benefits of buying a home in the winter

Typically, home sales are strongest in the spring and summer months; however, there are several advantages to shopping for homes in the fall and winter. Sellers are often more motivated in the winter and may be willing to negotiate terms such as price, repairs, and even a closing date.

Real Estate Thursday - Determining Value when Selling

Real Estate Thursday - Determining Value when Selling

A Comparative Market Analysis (CMA) is essential to determine the value of residential property.  Location and characteristics of the property are the key elements in determining value.

Real Estate Thursday - The Real Estate Market Is Looking Up! - Is Now The Time To Buy?

Real Estate Thursday - The Real Estate Market Is Looking Up! - Is Now The Time To Buy?

10 Ways to Prepare for Home Ownership

1. Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.

2. Develop your home wish list. Then, prioritize the features on your list.

3. Select where you want to live. Compile a list of three or four neighborhoods you’d like to live in, taking into account items such as schools, recreational facilities, area expansion plans, and safety.

4. Start saving. Do you have enough money saved to qualify for a mortgage and cover your down payment? Ideally, you should have 20 percent of the purchase price saved as a down payment. Also, don’t forget to factor in closing costs. Closing costs — including taxes, attorney’s fee, and transfer fees — average between 2 and 7 percent of the home price.

5. Get your credit in order.

Welcome To Real Estate Thursday

Welcome To Real Estate Thursday

 

Each Thursday I will focus on the market and the home buyer or seller.  We are in difficult times and folks are not sure what to do when it comes to real estate. Should I buy? Should I sell?  Are pricing going down?  Going up?