Preparing for a growing family!
Congratulations! A growing family is a wonderful change to look forward too. And upgrading your living space is a common reaction to a family about to outgrow their current space.
The new house may not cost more.
This might be counterintuitive to many but not all neighborhoods, communities, or cities are same. For example, owning a home in the right neighborhood in the heart of a city often demands a greater price than a home sitting in the burbs’. Are there tradeoffs? Sure. But don’t automatically assume a higher monthly mortgage payment simply because you need space for a cavernous man cave – I mean, spacious family room.
But, it probably will cost more.
Moving into a larger space often means having to fill that space – this means, more furniture and décor. This may also mean more house and landscape maintenance, high utility bills, and sometimes, higher transportation costs if moving a bit further from your place of employment.
Consider Your Timing.
Most folks do not want two mortgages – and in highly competitive markets, contingency sales are not ideal in winning your dream home. Speaking with your REALTOR® on how best to time your present home sale while shopping for your new home is the best place to start. Your REALTOR® will take into consideration up-to-date real estate data they have exclusive access, local trends, and using their professional experience, formulate a plan that best mitigates timing concerns.
Sell Before Your Buy.
Ideally, you’ll want to sell your home before you buy your next home. This represents a lot of moving parts and you’ll want your REALTOR® in the middle of it all to help coordinate the process. Resist the urge to celebrate your home as being sold simply because you have an offer – your home is not sold until it closes.
Consider Her Timing.
Getting in and out of the car, looking at homes, going up and down stairs, packing – let’s be honest, doing much of anything while you’re near your due date just isn’t a good time. Once the new baby arrives, time and energy will become an even more precious commodity. But, just because you’re not prepared to truly buy your next home until your present one sells doesn’t mean you shouldn’t look with your REALTOR®. Time looking at homes, hearing your likes and dislikes, sheds light on your personality and other intangibles often not expressed during the initial discussions regarding your needs/wants in your next home. You’ll find that as time progresses, your REALTOR® is able to really show you properties that hit all your points. And they’ll keep an eye out for your perfect home and be ready when your current home closes.
Real Estate Professional
Boise, Idaho – As the fastest growing metropolitan area in the country, the Treasure Valley is simply exploding in growth – a fact you probably face with every morning and afternoon commute. While much of this growth has primarily affected Boise, Meridian, and Nampa, the growth finds itself even spilling into communities such as Middleton, Kuna, and Caldwell.
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I have been a licensed REALTOR® and Entrepreneur in the Bay Area since 1987. Being a REALTOR® is about helping others achieve home ownership by providing quality professional services buying and selling properties. I was recognized as REALTOR® of the Year in 2001, hold the Tribute to Women in Industry Award, was honored in the XYZ International Hall of Fame, hold the XYZ Lifetime Achievement Award, Solano County Association of REALTOR® Distinguished Service Award and the Peyton Manning Humanitarian Award.
Being fully dedicated to the industry means giving back to ensure that our Napa community always remains a top place to live and raise a family. I am honored to have held many positions in my Real Estate Career including President of the Napa County Association of REALTOR®, President of the Sacramento Multiple Listing Service, President of the Oakland Multiple Listing Service, President of the Nevada Association of REALTOR® and Director of the National Association of REALTOR®. I have sat on the Boards of Placer County Association of REALTOR®, Oregon Association of REALTORS® and the National Association of REALTOR®.