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Finding a New Nest |
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Who's the Best? |
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A Sign of the Season |
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I am pleased to present you with the latest issue of Life@Home. Delivered to home buyers, sellers and owners on a monthly basis, this electronic newsletter is designed to give you the real estate information that is important to you. In each issue, you will find practical tips and articles related to buying, selling or owning a home, as well as the latest news on real estate trends. I hope that you enjoy this issue of Life@Home. If I can be of any assistance, please do not hesitate to contact me. |
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| Finding a New Nest  The definition of an empty nester is a person whose children are grown and have left home. An alternate definition might be: a person who is ready to start the next chapter in their life, a chapter that often begins with a move.
Empty nest buyers have a definite set of home buying criteria. And while it is true that every buyer has their own unique wants and needs, there are certain amenities almost all empty nesters should add !
to their home search check list.
1. A Good Layout: A floor plan that is easy to navigate is a must. Many empty nesters look for a home with just one floor in case there are mobility issues as they age. However, if a single floor is not your style; an extra first floor room that could be converted to a bedroom is a nice option, as is a first floor bathroom.
2. Good Shape: If buying new construction is not an option, search for a home that is in very good to excellent condition. Almost all empty nesters do not want the expense and time commitment of renovating a home.
3. A Look Outside: Similarly, most empty nesters want to scale back to a smaller yard and property. In fact, many retirement communities or condominium associations include property upkeep as part of the services.
4. Store the Stuff: While man!
y empty nesters use this move to reduce their belongings, you will sti
ll need ample storage space. A dry basement, easy-to-reach attic or attached garage are all good options.
5. Stay Connected: Consider how far you want to move from friends and family. Many empty nesters choose to move to warmer climates for all or part of the year. If this is your plan, be sure to add the expense of return trips or visits to loved ones to your budget.
In Case of Emergency: No matter where you move, find out how far the nearest hospital, first aid squad and doctors offices are from your potential home. In the event of an emergency, you will want nearby medical assistance. |
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Who's the Best?
You might think choosing the right buyer for your home will be a pretty easy decision - simply select the one who bids the highest price. But the decision can be more complicated. Instead, consider all of these criteria. 
Price - The buyer who comes closest to your asking price or, in the case of a "seller's market," the one who exceeds it by the greatest margin, is the one you will give the greatest consideration. But you should be sure that all those who make an offer, are also qualified. A mortgage prequalification or pre-approval sets the stage. Then, once an offer is made, a mortgage commitment from a lender is a must. Perks - In addition to price, some buyers may be able to sweeten the deal by paying cash or removing certain contract contingencies. For instance, most buyers must sell their current home to fund the purchase of their next house. If a buyer is able to waive that contingency that might make them more appealing, even if their bid is lower than you hoped. Flexibility - If you are working with a strict moving timeline a cooperative
buyer who is flexible and able to meet your deadlines is very appealing. Personal Connection - Finally, pay attention to that instinct or "gut feeling" you get from a buyer and listen to the expert advice of your real estate professional. These are your two guiding forces when deciding who should be the next person to call your house "home." |
A Sign of the Season
 The appearance of tulips heralds the arrival of spring. Help your tulip arrangements last longer by cutting off an inch of each stem before placing in a clean vase filled with ice water. Trim the stems every two to three days and refill the vase with cold water to help extend the life of these pretty blooms. |
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