. It can be tempting to tackle home projects yourself but in the long run it may be better to leave some home renovations to the professionals.

Here are a few projects you might want to leave off the DIY list:

1. Roofing-Roofing can be a time sink. As a do-it-yourselfer you probably will not be able to complete the project in a short enough period of time to avoid exposing your home to damage from the elements.

2. Electrical-Poor electrical work is a safety hazard.  There are safety codes that need to be followed and just because you were able to wire something and it worked, doesn’t mean you haven’t created a safety hazard.

3. Insulation-Homeowners often assume that installing insulation like fiberglass is an easy project. It can be easy to leave gaps that draw heat and moisture into your walls creating a much bigger problem. Insulation contractors usually get a much better deal on the material costs than you would, offsetting the cost of the labor.

4. Structural work-The structural work on a home should always be left to a professional. Structural work or changes should be drawn or approved by an engineer, whose specifications should be followed to the letter. Don’t take chances here.

Have you ever tackled a DIY project you thought should have been done by a professional? Share your story.

There’s no denying the truth – the real estate market can be complicated. As such, regardless of whether you’re a first-time or experienced homebuyer, you’ll want to do everything you can to prepare for the process of purchasing a new residence.

So what does it take to ensure you can land your dream home in any real estate segment? Here are three tips for both first-time and experienced homebuyers:

1. Understand the Speed of the Real Estate Market.

A newly listed residence may sell only a few hours after it reaches the real estate market. Thus, you’ll want to stay on top of houses as they become available in cities and towns where you’d like to relocate; otherwise, you risk missing out on what could be your perfect residence.

Remember, the real estate market moves fast, and homebuyers who hesitate likely will struggle to score their dream homes.

To accelerate the homebuying process, you’ll want to get pre-approved for a mortgage. By doing so, you can submit an offer without having to commit significant time and resources to secure financing for your dream home down the line.

Also, if you’re interested in a home and feel comfortable with a residence, don’t wait too long before you submit an offer. Because if you do, you could lose your dream home to another homebuyer.

2. View Any Home Purchase as an Investment.

Although you have no plans to purchase a home and sell it at a later date, the future remains unpredictable. As a result, you should view any home you check out as a long-term investment and try to find a residence that you believe will increase in value.

Typically, what you pay for a home is unlikely to represent your residence’s total value in five or 10 years. But homebuyers who view a home purchase as an investment will understand that a residence’s value will fluctuate over time and dedicate the time and resources to maximize a home’s value, too.

Look beyond a home itself to determine whether you are comfortable with a residence as a long-term investment.

For instance, if you buy a newly constructed home in an up-and-coming area, the residence’s value may rise quickly in the foreseeable future. On the other hand, if you purchase a “fixer-upper,” aka a home in need of significant repairs, you may need to consider setting extra money aside to complete home improvement projects to help optimize this residence’s value.

3. Work with an Experienced Real Estate Agent.

Although you’ve done plenty of research about the housing market, it never hurts to have an experienced real estate agent at your disposal.

A real estate agent is happy to assist you during every step of the homebuying process. That way, if you encounter any homebuying hurdles, this real estate professional can help you overcome these challenges without delay.

Employ a real estate agent who possesses comprehensive industry experience and who makes you feel comfortable and confident as you explore the real estate market. And ultimately, your real estate agent should be able to help you find your dream home.

Open House Tips

On September 19, 2016 By
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