Empire Real Estate Group



Posted by Empire Real Estate Group on 1/17/2020

A home inspection is one of the final stages of the property buying journey. If an inspection goes according to plan, a buyer may be able to seamlessly close on his or her dream residence. On the other hand, if problems are discovered during a house inspection, these issues may slow down or stop a home sale.

For property buyers, it helps to plan ahead for a home inspection as much as possible. Thankfully, we're here to help you do just that.

Now, let's take a look at three things that every buyer needs to know about home inspections.

1. A home inspection typically is performed after a seller accepts a buyer's offer to purchase.

With a home inspection, a buyer can review a house with a property expert and identify any underlying problems. If a buyer finds problems during an inspection, this individual can rescind his or her offer to purchase, modify the offer or move forward with a home purchase.

It typically helps to hire a highly qualified and experienced home inspector. By having a skilled home inspector at your side, you can gain the insights you need to determine whether a house is right for you.

2. A buyer is not required to go to a home inspection, but it generally is a good idea to attend.

Usually, a buyer, his or her real estate agent and a home inspector will walk through a house together during an inspection. It also is important to note that a buyer is not required to go to an inspection, but in most cases, it is a good idea for a buyer to attend.

A buyer who attends a home inspection may be able to receive home insights that he or she won't necessarily find in a house inspection report. As such, this buyer can obtain the house insights that he or she needs to make an informed homebuying decision.

3. A home inspection may require several hours to complete.

There is no time limit for a house inspection, but an average home inspection takes several hours to complete. After the inspection is finished, a property inspector will prepare a report that details his or her findings and provide it to a buyer within a few days. Then, a buyer will need to review the report and determine how to proceed.

As a buyer gets ready to enter the housing market, and eventually, perform a home inspection, it helps to hire a friendly, knowledgeable real estate agent. This housing market professional can help a buyer find the right home, submit a competitive offer to purchase and conduct an in-depth home inspection. And after a buyer completes a successful home inspection, a real estate agent will help this individual navigate the final stages of the property buying journey.

Simplify the homebuying process – employ a real estate agent, and you can get the help you need to locate and purchase your ideal residence.




Categories: Uncategorized  


Posted by Empire Real Estate Group on 1/10/2020

A home showing may prove to be a life-changing event, and for good reason. If a homebuyer attends a showing and likes what he or she sees, it may be only a matter of time before this individual submits an offer to acquire a residence. As such, it is important to prepare for a home showing to ensure a buyer can fully evaluate a house and determine whether it is the ideal choice.

Ultimately, there are many reasons why homebuyers should put together a list of questions prior to a home showing, and these reasons include:

1. You can attend a home showing with a strategy in place.

A home listing usually includes information about a house's age and condition. However, few homebuyers are willing to submit an offer on a house based on a listing alone. But if you use a home listing to prepare questions before a showing, you can attend a showing with a plan in place to pursue your dream residence.

Oftentimes, it helps to prepare a list of general questions about a home. You then can review this list in conjunction with a home listing and determine which questions are answered in the listing itself. If you find assorted questions are still unanswered in the listing, you should not hesitate to find answers to these questions when you attend a showing.

2. You can gain deep insights into a house's condition.

Preparing a list of questions prior to a home showing may enable you to gain the insights that you need to make the best-possible decision about a house. And in most instances, you can never prepare too many questions to ensure that you can make an informed decision about a house.

Remember, buying a house is a major decision. If you put together a list of questions before a home showing, you can help take the guesswork out of deciding whether to submit an offer on a home.

3. You may be able to speed up the homebuying process.

The homebuying cycle may prove to be long and complicated, particularly for a homebuyer who is uncertain about how to proceed. With a list of questions in hand, you can attend a home showing and gain expert insights right away. Meanwhile, these insights can help you decide whether a house is right for you.

As you get ready for a home showing, you may want to consult with a real estate agent as well. A real estate agent is happy to help you craft a list of questions prior to a home showing. Also, this housing market professional can keep you up to date about houses that match your homebuying criteria, help you submit offers on homes and much more.

When it comes to home showings, it helps to plan ahead as much as possible. If you prepare a list of questions prior to your next showing, you should have no trouble evaluating a house.




Tags: Buying a home   showing  
Categories: Uncategorized  


Posted by Empire Real Estate Group on 1/3/2020

A homebuyer is an interesting person, and perhaps it is easy to understand why.

Each homebuyer is different, yet every property buyer shares a common goal: to acquire a top-notch house at a budget-friendly price. Furthermore, how a homebuyer approaches the property buying journey may dictate how long it takes this individual to accomplish his or her ultimate goal.

So what does it take for a homebuyer to become a homeowner? To find out, let's analyze the homebuyer's perspective and consider three steps that a homebuyer can take to speed up the property buying journey.

1. Know What You Want to Find in Your Dream Residence

No two homebuyers have the same definition of a "dream" residence. As such, it is up to you to define the criteria for your home search, and doing so may help you accelerate the homebuying cycle.

Differentiate between "must-haves" and "wants" before you kick off your home search – you'll be glad you did.

"Must-haves" refer to things that you absolutely need from your dream home. Some of the most common must-have home features include a fenced-in backyard or multiple bedrooms.

On the other hand, "wants" are things that you would like to have but can live without. These may include an indoor swimming pool, a spacious basement or other non-essentials.

After you define your dream home must-haves and wants, you can narrow your search for the ideal house. Then, you can move one step closer to transforming your homeownership dream into a reality.

2. Get Pre-Approved for a Mortgage

Let's face it – every homebuyer wants to acquire an excellent residence, but no one wants to break their budget to purchase a house. Thankfully, you can meet with a variety of banks and credit unions to get pre-approved for a mortgage before you embark on your quest for the ideal house.

Getting pre-approved for a mortgage can be fast and simple. Meet with several lenders, and you can explore all of the mortgage options at your disposal.

Also, don't forget to ask questions about different types of mortgages. This will allow you to become a mortgage expert and select a mortgage that matches your finances perfectly.

3. Collaborate with a Real Estate Agent

As a homebuyer, entering the real estate market can be overwhelming. But with a real estate agent at your side, you can get the support you need to secure a first-rate house at an affordable price, regardless of the current housing market's conditions.

A real estate agent is a housing market professional who will go above and beyond the duty to serve you in any way possible. He or she will set up home showings, keep you up to date about new residences as they become available and negotiate with home sellers on your behalf. Plus, if you ever have homebuying concerns and questions, a real estate agent will be happy to respond to them at any time.

Ready to acquire your dream residence? Now that you understand the homebuyer's perspective, you can take the guesswork out of finding and buying a residence that matches or exceeds your expectations.




Categories: Uncategorized  


Posted by Empire Real Estate Group on 12/27/2019

This Condo in Worcester, MA recently sold for $194,000. This Townhouse style home was sold by - Empire Real Estate Group.


6 Mountainshire Dr, Worcester, MA 01606

Condo

$199,900
Price
$194,000
Sale Price

4
Rooms
2
Beds
1/1
Full/Half Baths
Welcome home to this BEAUTIFULLY RENOVATED townhouse condo located at the desirable Mountainshire Condominium on the Worcester/ Holden line. This unit has been recently renovated, new flooring, new radiators, all new light fixtures and ceiling fans, and entire unit has been freshly painted. Spacious kitchen and living room with plenty of light. Large partially finished basement with laundry and hook ups for central vac as well as a brand NEW water heater. The association fee includes, rubbish removal, snow removal, landscaping, and exterior maintenance. The unit comes with one deeded oversized parking space that allows for two vehicles and there is visitor parking for guests. Perfect commuter location with easy access to Rts 190, 290.

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Tags: Worcester   Real Estate   Condo   01606  
Categories: Sold Homes  


Posted by Empire Real Estate Group on 12/27/2019

Understanding how much your home is worth is important for a number of reasons. For one, when you go to sell your home, you’ll have an idea of how much equity that you’re working with. You may need to either refinance your home, take out a loan, or line of credit. Knowing the current market value of your home can give you a good idea of your finances and what to expect. Many people believe that their home is worth more than it actually is. In reality, your home is only worth what people will actually pay for the property in a certain time frame. 


Some websites offer basic ideas of how much your home is worth. You can also use the Internet to search for comparable properties and see what has been sold, how much it has been sold for, and how much other homes that are similar to yours in the neighborhood are worth. You’ll need to be sure that the comparing properties include the same types of features as your own home in order to get a good estimate. 


Consult A Realtor


Experienced realtors in your area are great resources for helping you to determine your property’s value. Many agencies offer free market value analyses, which can help you to see where your home would fall in the current real estate market. Realtors don’t get paid unless your home sells. They can use their many resources to work with you on the sale of your home and help you to price it appropriately.


Hire An Appraiser


If you want to dig a bit deeper in the pricing of your home, you’ll need to shell out a bit of cash. You could hire a certified appraiser who will dig deep into your property to determine the value. Once you find a buyer, another appraisal will happen on the property. The buyer pays for this. If you really want a good idea of how much your home is worth, hiring an appraiser beforehand is key. Keep in mind that appraisers may come up with slightly different estimates for the same home.      


Know The Key Things That Affect Home Value


There are a few big factors that influence just how much your property is worth. While you may love your big kitchen, it goes a lot further than that. Factors that contribute to how much your property is worth include:


  • The amount of land that you have
  • The neighborhood your home is in
  • The schools your home is near
  • How many square feet your property is
  • The condition of your home
  • Any updates that have been made to the home
  • The types of appliances you have
  • Has the home ever been foreclosed on? 
  • Is your home energy efficient?


Based on all of this information, you’ll be able to get a good idea of what your home is worth. Beware of things that can cause a major financial setback on your home’s value like an urgent need for roof replacement, dated windows, or an unknown crack in the foundation. Getting an idea of what your home is worth is a great way to keep on top of your own assets whether you’re prepared to sell or just curious about numbers.




Categories: Uncategorized