Afonso Real Estate



Posted by Afonso Real Estate on 12/28/2016

Taking ownership of an older house could save you thousands of dollars. In fact,ticket prices on houses built during the 1940s are generally half the ticket price on modern homes. Think of buying an older house the way that you approach buying a used car. As with a used car, because the house has experienced wear and tear, you won’t be asked to pay top dollar to move into the home.

Age could provide you significant cost savings

Pick an older home that’s not located in an area that’s overseen by a homeowners association and you could save thousands of dollars a year. Other ways that buying an older house could save you thousands of dollars are in structural maintenance costs.

Houses built around World War II were built to endure hard blasts. Punch a wall in a house that was built during the 1940s and you could break your hand. On the other hand, you could tear a hole in a house built during the 1980s or later if you accidentally jam the end of a broom handle against the wall.

Walls of houses built in the 1940s were made of cement. Modern homes may be constructed with fiberboard or plasterboard panels. Fiberboard and plasterboard are thinner than cement walls. You may have heard a relative or friend refer to the walls as being “paper thin”.

As a note of caution, get walls of older houses you’re thinking of buying inspected. Many walls in houses built during the 1940s were made with asbestos cement. To save money on an older home also ensure that the house is well ventilated.

Making the most out of buying older houses

If you don’t, you could buy a house that, although durable, is not well insulated or ventilated.Poor ventilation can cause a house to feel uncomfortably warm during summer months and far too cool when it gets cold outside. Also, make sure that the older house you want to buy has central air conditioning.

Of course,if you spend a lot of time outdoors, central air may not be a priority. To keep your older home cool during summer without turning on central air, close the doors to rooms that you are not using. Place chairs and sofas near windows and vents. And use window air conditioners and efficient floor fans.

You may love the privacy that you’ll gain with an older home, as older houses are generally not designed with open floor plans. Each room may have a separate archway or door. Houses in older neighborhoods tend to have a similar floor plan.Depending on when you grew up, you may recall how your parents, aunts, uncles and grandparents homes’ were laid out the same.

After you get an older house that you want to buy inspected, you can always modernize the home. For example, you could install solar panels in the house. Upgrade the insulation and knock down walls and create an open floor plan to give the home a more spacious look and feel.




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Posted by Afonso Real Estate on 6/1/2016

There are so many things to think of when buying a home. It can be difficult to think of everything when you are house shopping. When you tour potential homes it can be easy to get caught up in things that may not be as important after you move in like storage, parking, and privacy. When home shopping you should make a checklist of the things you must have in a home so you don't get caught up in the new granite countertops or the beautifully decorated master bedroom. Think function over style when making a buying decision. Here are some things you may want to consider putting on your must-have list. Storage When walking through a home make sure to make note of the amount of storage. A good staging job can disguise a home with too little storage. Imagine the home with no furniture and picture your furniture and belongings in place. If you are seriously interested in the home bring a sketch pad and measure the rooms and draw a quick sketch of walls, doors, windows and closets. Location Consider the location of the home to places you frequently travel. You may only be a few miles from the store or work but what is the commute like? Do a practice run at rush hour from the home to your work. If you are moving near public transportation give that a try too. Make sure to try the commute both ways. Enough Power and Water Imagine waking up the first morning in your new home and finding out the water pressure is barely enough for a shower or the water gets cold half way through.  It is important to determine if the plumbing and wiring can accommodate your lifestyle. Check the size of the hot water tank and run a few plumbing items at a time to check the water pressure. Talk to your home inspector about the electrical system. Make sure the home inspector knows the kinds of electrical equipment you run and the number of people that will be living in the home. Privacy Many buyers overlook privacy until it's too late. Try to spend some time in the house. Look out the bathroom and bedroom windows and test what you see. Do a walk-through of the home and pretend to go through your day. Sit in the back yard and on the deck to see and listen to the neighbors.




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Posted by Afonso Real Estate on 4/20/2016

The story is always the same, buying a home is always a good investment. It doesn't matter the study, the year, the market, the results are always the same. Owning a home is a good investment. Homeownership provides both economic and psychological benefits. A survey released earlier this year by the magazine Better Homes and Gardens found that eight in 10 respondents said homeownership is still a good investment and believe owning a home is a smart financial move and a source of pride. Here are some results of the 2,500 people surveyed online:

  • 86% of home owners still feel owning a home is a good investment.
  • 85% feel “owning a home is one of their proudest accomplishments.”
  • 69% of Americans who don’t currently own a home agree with the statement, “No matter what happens in the U.S. housing market, owning a home is still an important goal in my life.”
  • 68% of Americans plan to spend money on their homes in the next six months, with roughly half (49%) expecting to pay up to $1,000.
 




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Posted by Afonso Real Estate on 7/15/2015

When you are looking at buying a home there are don'ts you should be aware of. Many times the handling of the negotiation can mean the difference in huge amounts of money. This is why it is vital to have an experienced agent on your side. Here are just a few common pitfalls to avoid.   Not doing your homework Doing your homework is important in such a large purchase. Ask your agent for a list of comparable homes recent sale prices. Look to see how long comparable listings have been on the market and what the average sale to list price ratio is. This will give you the information you need when making an offer and negotiating a final sale price. Not understanding the seller Try to look at the deal from the opposite side of the table. A sale is typically emotional for a seller. When making an offer try not to insult the seller, offering a fair and realistic offer to purchase will typically get you further in the negotiations. If you know the seller's motivations for selling you may also be able to offer terms that might be more attractive like a quick close or inspection. Showing your cards While you want to know as much about the seller as possible divulge as little about yourself in the negotiation as possible. Any knowledge the seller has about your motivation can be used as leverage in the negotiation. Getting your heart set Buying a home can often be an emotional process. Identify several properties you'd be happy with as well. Be careful not to get your heart in the way of your head as it can sometimes hinder the deal. Trying to win In a sale there needs to be two ingredients: a seller who wants to sell and a buyer who wants to buy. Try not to getting caught up in the game. Ultimately it is about buying a home and not winning a negotiation.





Posted by Afonso Real Estate on 2/11/2015

A home is a very big purchase in your life and one of the most important things you can do before you buy your new home. It can be difficult to find a qualified home inspector. You will want to make sure to do your homework before paying for a home inspection. Here are some tips to help you get on the right track and finding the right home inspector. Ask for opinions. Ask your friends and your real estate agent who they recommend who have had an inspection recently. You can also ask the inspector for references. Word of mouth is always a great way to find a reliable professional. Check with your lender Some lenders or loan types require a certain type of inspection. You will want to make sure your inspector qualifies and you obtain the necessary type of inspection. Ask what the inspection covers No two home inspections are the same so you will want to be sure to know what you are paying for. Ask questions like:

  • What systems are covered in the home inspection?
  • Are there some services that require an extra fee?
  • Ask for an example or outline of the inspection report.
  • Ask for a resume or background questions
  • Where was the inspector trained?
  • Does he or she attend continuing education classes?
  • Does the inspector belong to a professional organization? If so, what are the requirements for membership? Entry should require more than just an application fee.
  • Does the inspector carry Errors & Omissions insurance? This type of malpractice insurance may come in handy if the inspector overlooks a major problem.
  • At the inspection A home inspection is not only a time to find the potential pitfalls it can also be a time to learn about your new home. Make sure to attend the inspection yourself. Witnessing problems first-hand will give you a better grasp of the home.   .







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