Blogging Archives - Loftway : Loftway


Loft Buyer Turnoffs

27 Jul 2018 · by Virtual Results PubSub

Homebuyer TurnoffsWhile every buyer is looking for something different in a loft, there are a few key things that are universal turnoffs. If you’re selling your loft, you’ll disregard these issues at your own peril. Even in a competitive market, here are the things that potential buyers will have a hard time ignoring.

Bad smells

Is there a mysterious odor coming from somewhere in your loft? You better find it, and fast. Buyers are often turned off by bad smells, including cigarette smoke, pet odors, mildew, or garbage. Identify the offending fragrance, and take steps to eliminate it.

Aggressive pets

Sure, you know your 100-pound dog is just being friendly. But to someone unfamiliar with your best friend, it can look like aggression. The same goes for territorial cats and loud birds. In fact, it’s highly unlikely that your pet won’t interfere in your loft showing in some way, even if they are relaxed and sweet. When potential buyers are coming to your loft, make arrangements to have your pets off the property.

Insects

Even if a potential buyer is an avid insect collector, he still won’t want to see pests inside your loft. If you see any evidence of an infestation, hire an exterminator and take care of the problem before you begin showing your loft.

Wrong price

It doesn’t matter how much a buyer loves your loft – if it’s priced too high, it’s going to be a big turnoff. Remember, if the loft doesn’t appraise for the selling price, the buyer may have trouble with their financing. Work with a professional real estate agent who will use their expert knowledge of your local market to help you determine the best listing price.

Dirty bathrooms

You know the feeling you get when everything around you feels dirty? Imagine a potential buyer having that feeling when they walk into your bathroom. Dirty bathrooms are one of the biggest turnoffs to buyers. Make sure you scrub your bathroom until it shines, remove all clutter, and invest in some brand new towels.

Dark rooms

Have you ever noticed that many loft listings describe a loft as being bright or filled with natural light? That’s because most buyers want to live in lofts that feel open and airy. When potential buyers are visiting your loft, make sure all the lights are on. Open curtains to let in as much natural light as possible. If any rooms are painted dark colors, repaint them in a lighter shade. If tree limbs are blocking sunlight from outside, trim the branches until more light shines through.




Organize Your Storage Unit

20 Jul 2018 · by Virtual Results PubSub

Are you planning to move your personal belongings into storage while your home is for sale? Will you be moving into a rental while house hunting, and you need a short-term place to keep the items you won’t need right away? No matter what the scenario, you’ll likely want to rent a storage unit. Here’s what you need to know to keep it organized and hassle free.

How to pack

As you’re packing up your belongings for storage, there are some guidelines you should follow to keep everything in good condition:

  • Use sturdy boxes that are the same size, to make stacking easier.
  • Pack items by category, and clearly label the outside of each box.
  • Use appropriate packing materials, especially when packing breakable items.
  • Fill boxes completely, as half-full boxes are more likely to collapse.
  • Cover furniture with packing blankets, remove detachable parts and place them in plastic bags that you keep with the furniture.
  • Clean appliances and make sure they are dry.
  • Pack books flat so the spines don’t break.
  • Place heavy items in the bottom of the box and lighter items on top.
  • Use wardrobe boxes for clothing.
  • Use packing tape to seal boxes from dust or moisture.
  • Keep an inventory list for insurance purposes.

Choose the right unit

While it’s tempting to choose the smallest unit possible, it will be easier if you have a little extra room. This is especially important if you will need to access items while they are in storage. Extra space will allow you to have aisles and will provide room for shelves.

Also consider how safe and secure the storage facility is. How easy is it to get in and out? Are there limited hours? Is the facility protected with surveillance cameras? You want to make sure your belongings will be safe while they are being stored.

Make a plan

Come up with a strategy for how you will organize your boxes, furniture and appliances in the unit. Draw up a floor plan and designate where your items will go.

  • Keep items that you will need to access in the front where they will be easy to reach.
  • Large items like furniture and appliances can be stored near the back and along the walls.
  • Store heavy boxes on the bottom and lighter boxes on top.
  • Use any shelves that are available to keep boxes neat and organized.
  • Maximize space by filling empty space, such as inside wardrobes and drawers.
  • Keep a path clear through the middle of the unit for easy access.
  • Don’t place items directly against the walls. Give them a couple of inches of space to allow for air circulation.

Be systematic

Once you’ve made your plan, stick to it. Create a master map of where all the items are located within the unit and keep it at the front. This way, when you need to retrieve an item at a later date and you don’t remember where you put it, you have the map to refer to.




Beat the Loft Selling Blues

13 Jul 2018 · by Virtual Results PubSub

Beat the Home Selling BluesSelling a Loft brings with it a sizable dose of uncertainty as well as a heaping helping of stress. It’s no wonder that Loft sellers can feel anxious or depressed during the process. Although it’s common to feel a little overwhelmed, it doesn’t have to overtake your life. Here are several tried-and-true ways to beat the Loft selling blues.

Prepare

You know the saying “an ounce of prevention is worth a pound of cure”? It applies to the Loft selling process as well. By preparing as much as you can before you list your Loft, you’ll alleviate many of the headaches you may otherwise encounter. Make any needed repairs and declutter your Loft before listing. Do some research about your local market so you know what price range Lofts like yours are selling for. Read up on the steps of the Loft selling process so you know what to expect. You can’t prepare for everything, but you can familiarize yourself with what’s ahead.

Keep things in perspective

We totally understand that now is a stressful time. But always keep in mind that this process won’t drag on forever. Yes, you may have some stressful days ahead. But soon you’ll reach closing day and this process will become a memory. Remember that you can’t always control every aspect of a situation. Try not to worry too much, as it will only make you unhappy and the worry is unlikely to affect the outcome.

Take time outs

While selling your Loft will take a good chunk of your time, you don’t have to spend every waking moment thinking about it. That will only add to your stress. Instead, take some time outs now and again. Go for a walk. Get a massage. Take the family to dinner and a movie. Spend time with family and friends. You’ll need your energy during this process, so taking time out to care for your emotional well being is paramount.

Remember why you’re selling

Selling your Loft is an emotional process. After all, it’s the center of your life and it’s the place where many of your fondest memories have been made. Perhaps you raised your family here. Not only are you making a financial transaction, but you’re also letting go of something that has been important to your life. Allow yourself time to detach emotionally from the Loft, and remember the positive reasons why you are selling. Maybe you’re upgrading to a bigger Loft or moving closer to your grown children. Perhaps you’ve gotten an exciting new job in a new city. Acknowledge that you’re feeling a sense of loss, but that the future also holds possibility for new and exciting experiences.

Work with a professional

Finally, the best way to get through the process with the least amount of stress is to work with a professional real estate agent. Seasoned agents know what to expect and can give you solid advice and guidance throughout the entire process. Partnering with a professional will ease the burden on you and help you get to the finish line with your sanity intact.




What To Do With Your Moving Boxes

6 Jul 2018 · by Virtual Results PubSub

What To Do With Your Moving Boxes

When you’re moving, it seems like unpacking boxes is a chore that never ends. But there will come a day when every last box is empty. The question then becomes – what do you do with all those empty boxes? Check out these great ideas for giving new life to all those old boxes that would otherwise end up in the trash.

Offer them on CraigsList

If you weren’t already aware, CraigsList is one of the best places online to buy and sell just about everything, including moving boxes. When you’re finished with your boxes, post them on CraigsList for sale or for free. You’ll be surprised at how quickly they’ll get snatched up, and how grateful the recipient will be.

Post them on Nextdoor

Do you know about Nextdoor? It’s the latest social network that allows you to connect with all the people in your neighborhood. When you move in, set up an account for your new address. Once you’ve been verified, list your boxes for free. It’s a great way to get rid of those boxes and meet a new neighbor!

Recycle them

If your city has curbside recycling, check to make sure they accept cardboard boxes. Many times, you’ll be asked to break them down before the city will collect them. It’s a small price to pay to make sure they get recycled instead of ending up in a landfill. If your city doesn’t accept boxes, check to see if there is a recycling center nearby where you can drop them off.

Use BoxCycle

More and more people are becoming aware of how important it is to reuse or recycle materials. Recycling cardboard is better than simply tossing it out, but it’s much better for the environment to reuse those boxes while they still have life in them. For that reason, BoxCycle was created. It is a marketplace specifically for used cardboard boxes. The website helps to connect you with people who are in the market for used boxes. Not only do you get the boxes off your hands, you make a little money while doing it.

Post on U-Haul Box Exchange

Even the big moving companies are getting in on the action. U-Haul operates a message board called Box Exchange that lets customers buy, sell, or give away boxes and other moving supplies. Post on their message boards and see if there are any interested takers in your area.

Use them in your garden

There are so many ways to use cardboard in your garden. It works great as a weed barrier in flowerbeds and vegetable gardens or along walking paths. Remove all staples and packing tape from the boxes before using them in the garden. The cardboard will break down over time and help to nourish the soil. Boxes can also be used as temporary compost bins. Of course, many a good fort has been created out of used cardboard boxes, giving kids hours of fun. All it takes is a little imagination!




How to Attract Abundance at Home

29 Jun 2018 · by Virtual Results PubSub

How to Attract Abundance at Home

If you’re feeling a little stagnant or wishing for some good fortune to come your way, then it may be time to make some adjustments to your living space. Did you know that there are several ways you can attract abundance at Loft, with very little effort? Take at a look at these secrets for filling your Loft with magnetic energy and attracting prosperity into your life.

Clear out the clutter

The very first place to start is with a good deep clean. Abundance can’t set up shop in your Loft if there’s no place for it to go. Take a weekend to clean the floors, wash the windows and sanitize the kitchen and bathroom. Get ride of any belongings that are broken or no longer used.

Create more open space

After you’ve cleaned and de-cluttered, it’s time to re-think floor plans. Take a look at each room in your Loft. Does it feel cramped? Is the traffic pattern blocked by a big piece of furniture? Do you feel claustrophobic? One thing that almost all luxury Lofts posses is an abundance of open space. This doesn’t mean that you’re out of luck if your Loft has smaller rooms. It just means it may be time to rearrange the furniture to create a greater feeling of spaciousness.

Make the front door inviting

By applying some principles of feng shui, you can invite abundance right through your front door.  Energy flows into your Loft through your main entryway, so be sure there isn’t anything that can impede it. Try not to place too many obstacles within six feet of the door, such as shoe racks or benches. Keep the area well lit and the space just outside the door clear. You may also consider flanking the outside of the front door with plants, which brings balance to your Loft.

Add plants

Plants are a natural symbol of abundance, and are perfect for attracting that energy into your Loft. As a bonus, they also help to detoxify the area and filter out pollutants. Try adding a money tree or lucky bamboo plant. Rubber plants are excellent air filters, while snake plants are great for those who don’t have green thumbs.

Hang abundant images

Another way to invite prosperity into your Loft is to hang art that symbolizes abundance. Images to consider include plants, moving water and traditional symbols of wealth in feng shui, like a laughing Buddha or dragon turtle.

Gold accessories

If you really want to attract abundance and wealth, then the best color to add is gold. You don’t need to overdo it – a little goes a long way. But by adding touches of gold throughout your Loft, you’re giving your Loft a stronger feeling of abundance. Consider décor items like trays, side tables, mirrors, lamps, bowls and vases.

Welcome guests

The final touch is welcoming guests into your abundant Loft. Now that you have created a space that invites prosperity, it’s time to share it with others. Carve out an area that is dedicated to entertaining guests. Nothing brings in more abundant energy than friends and loved ones!




Sneaky Ways to Save Money for a Down Payment

22 Jun 2018 · by Virtual Results PubSub

 Sneaky Ways to Save Money for a Down PaymentDo you dream of owning your own Loft, but feel like you’ll never have the money for a down payment? While saving for a down payment can seem like a daunting task, it isn’t impossible. In fact, there are ways to begin saving right now that won’t put a crimp in your lifestyle. Here are the best sneaky ways we’ve found to save money for that down payment.

Use cash

We’ve gotten so accustomed to paying with credit and debit cards, having cash on hand can seem like a real hassle. But it’s so easy to spend more than you think you are when you’re swiping that card. Instead, opt to pay with cash. You’ll have a better sense of how much money you’re actually spending, and will spend less on impulse purchases.

Limit food waste

How much food do you end up throwing away in a typical week? If it’s more than you’d like to admit, perhaps it’s time to curtail those food expenses. In fact, according to the National Resources Defense Council, the typical American wastes a whopping 40 percent of the food they buy. Think of how much money you can save by only buying what you can actually eat.

Adjust your thermostat

As the temperatures rise over the summer, you may be tempted to crank that AC. But think about how much extra money you’re spending just to lower the temperature by a degree or two. If you have a programmable thermostat, set it so that the Loft is warmer while you’re away. Keep curtains closed on sunny days. According to the Department of Energy, you could save up to three percent on your energy bill for every one degree you change your thermostat.

Set up automatic savings

Help yourself get into the savings mindset. Instead of only saving what you have left over from your paycheck each month, decide how much to save in advance. Then set up an automatic transfer from your checking to your savings account, and watch the dollars add up.

Don’t chase trends

Is it really necessary to have the latest phone or wear the newest clothing trends? See if you can resist the urge to go shopping for new things. Instead, make do with what you already have or shop second hand. You’ll begin to see that not only will you save money, but you’ll also be happier as a result. It’s exciting to see your savings grow as you edge closer and closer to your goal.

Compete with your spouse

If you’re buying a Loft with your partner, why not introduce a little friendly competition? This is a great idea, especially if one of you is very competitive. Have weekly challenges to see who can save the most money or the largest percentage of their paycheck. The loser each week then makes dinner for the winner.

Cancel unused subscriptions or memberships

Did you get that gym membership hoping it would inspire you to exercise more often? If it’s just sitting there unused, then cancel it. The same goes for magazines you don’t read and any other recurring payments for goods or services that aren’t meaningful to you. While those celebrity tabloids can be fun to read, by giving them up you’ll realize your dream of Loft ownership a little faster.




Don’t Fall For These Real Estate Scams

15 Jun 2018 · by Virtual Results PubSub

Don’t Fall For These Real Estate Scams

As if buying or selling a Loft weren’t complicated enough, you also need to be vigilant about scams. There are scams everywhere, and some are sophisticated enough to look real. With so much information available on the Internet, it’s getting easier for scammers to con innocent people. Here’s what you need to be on the lookout for so that you don’t become a victim.

Down payment scam

In the down payment scam, a scammer hacks into a real estate agent’s email account. After reading through their correspondence, they target buyers who are about to close. Then, posing as the agent, they send you instructions on where to wire the money for your closing. Once you’ve wired the payment, it’s never seen again. The best way to avoid this scam is to either use encrypted email or get all wiring requests and instructions from your agent over the phone. Then confirm with the bank you are wiring to over the phone as well.

The inspection scam

If you’re looking for a fixer-upper, beware of the inspection scam. In this scenario, a seller agrees to a lower price on the condition that you forgo an inspection. If this happens to you, it can be a red flag. The seller may be aware of a serious problem with the property that they are trying to cover up. This could include expensive problems like issues with the foundation or pest infestations. Never agree to give away your right to a professional inspection.

The mortgage rate scam

If the rate you’ve been approved for on your mortgage seems too good to be true, it probably is. In this particular scam, a shady lender agrees to a very low rate on your loan. Then, once it becomes too late to back out, they jack up the rate. While you have the right to cancel the deal, it could cause a serious loss of time. These lenders may also charge upfront fees in order to lock in the low rate, which is money you could lose if you cancel. Don’t agree to pay fees upfront and be cautious about rates that are much lower than other lenders have quoted to you.

The real estate agent scam

In this scam, an agent takes the money that is to be deposited into an escrow account, and deposits it into his own account instead. The easiest way to avoid this costly mistake is to work with a licensed agent and research any complaints that may have been lodged against them in the past.

Moving scams

Finally, even if you’ve made it through the real estate process unscathed, you need to be aware of moving scams. One scam that is common is when moving companies offer you a great price on a move, only to significantly increase that amount once the truck is packed. They may also hold your possessions hostage until you agree to pay them more money. And unfortunately, there are some scammers out there who will pack up your truck and drive away, never to be seen or heard from again. Always be sure to thoroughly vet a company before signing a contract.




Commission Fees Explained

8 Jun 2018 · by Virtual Results PubSub

Commission Fees Explained

If you’re preparing to buy or sell a Loft, you may have questions about real estate commission fees. Who pays them? How much are they? Can they be negotiated? When are they paid? Even if you’ve gone through this process before, you may not have all the answers. Let us clear up any confusion by explaining the nuts and bolts of commission fees.

How much are the commission fees?

Let’s begin with the basics. In general, commission fees total approximately five to six percent of the sales price of the Loft. In most instances, the buyer’s agent and the seller’s agent will split this evenly between them.

Can the commission be negotiated?

A seller and their agent should agree to the details about the commission in the listing agreement. The agreement will outline what services will be provided by the agent. It is possible for the seller to negotiate the fee that is paid. Some agents will agree to lower commission fees, especially if they are representing the buyer as well. Be aware, however, that some agents will not be open to negotiating.

Who is responsible for paying the commission?

Generally speaking, the seller is responsible for paying the commission fees. Buyers are usually off the hook, though they are still responsible for other closing costs. However, in a competitive market, a buyer may offer to pay for a portion or all of the commission fees in order to make their bid more attractive.

When is the commission paid?

Commission fees are paid during the closing of the Loft, when all the details of the sale are finalized.

How is the commission paid?

The commission is paid at closing to the brokers that employ the agents. The brokers then pay the agents their shares. How much the agent receives can depend on how long they’ve been with the brokerage, how much was spent on advertising and marketing, and general office expenses.

What do the commission fees pay for?

Commission fees pay for the work that the agents are doing on behalf of the buyer and seller. This includes taking listing photos, scheduling viewings and open Lofts, negotiating the contract, coordinating inspections, creating online listings, and much more.

What happens if you don’t buy?

If you end up not buying a Loft, then the agent you’ve been working with will not get paid for the time they’ve invested helping you with your search. However, if you decide to work with a different agent during the process, you may have some difficulties if you’ve signed a contract with the original agent. If you’re buying, take time to properly vet and interview potential agents.

What happens is the sale falls through?

Whether or not the selling agent gets paid even if the Loft doesn’t sell is dependent on a few things. If you decide to back out of a sale after an offer has been accepted, you are still likely responsible for paying the commission fees. If the buyer backs out, you may still have to pay the fees, but you can take legal action against the buyer. If your contract with your agent expired and the Loft didn’t sell, you usually aren’t required to pay. However, if you sell at a later date to a buyer that the agent originally found, you may have to pay. The bottom line – always read the fine print of any contract you sign.




What Stays Behind When You Sell?

1 Jun 2018 · by Virtual Results PubSub

When you’re selling your Loft, do you know what items you can take, and which ones you’re supposed to leave behind? While things like furniture and personal items are obvious, there are other things that may not be so cut-and-dried. If you’re a little confused about what items are supposed to stay with the Loft, read on.

Window treatments

Not sure if you can take those window treatments you love and spent a small fortune on? Here’s a good rule of thumb: if they’re attached to the window, they should stay. That means curtains, which can easily be slipped off a rod, can go with you to your new place. However, the curtain rods and blinds that are more permanently attached need to stay.

Lighting fixtures

In nearly all cases, the lighting fixtures that are attached to the wall or ceiling need to stay with the Loft. The buyer is purchasing the Loft the way they saw it on the day of the viewing. You could find yourself in legal trouble if any of those permanent fixtures they saw are missing when they move in. If you have a lighting fixture that you absolutely love, say a beautiful chandelier, you should replace it before you list your Loft for sale.

Built-in appliances

Appliances can be somewhat of a grey area. In general, built-in appliances like dishwashers, ovens, and range hoods should remain with the Loft. If the appliances are freestanding, like a freestanding dishwasher or a refrigerator, they should be specifically addressed in the contract to make it clear whether or not the seller is planning to leave them behind. This is also true for air conditioners. If you have a window unit, it’s safe to assume that you can take that with you. However, if you’ve cut a hole in the wall and installed the unit, it needs to stay with the Loft.

Wall-mounted brackets for TVs

While it may seem like you should be able to take your TV mount with you when you leave, you should probably leave it behind. The generally accepted rule is that if it requires tools to remove it, it should stay with the Loft. If you want to keep the mounting brackets it should be stated in the contract so there is no confusion for the buyer.




How to Make an Offer

25 May 2018 · by Virtual Results PubSub

How to Make an Offer

After weeks or months of searching, you’ve finally found the Loft you love. While it’s an exciting time, it can also be stressful because suddenly the Loft buying process gets serious. It’s important to be prepared if you want your offer to be accepted. Here’s what you need to know when you’re getting ready to make an offer on a Loft.

Get pre-approved for a mortgage

If you’re serious about buying a Loft, you need to get pre-approved for a mortgage before submitting an offer. This is especially true in a competitive market where the seller may get many offers. Getting pre-approved shows the seller that you’re not just window-shopping – you are seriously in the market for a Loft.

Determine your price

It isn’t always necessary to offer the listing price of the Loft. There are several factors that will weigh in on your decision. Find out what the comps are for the area, and seek advice from your real estate agent. It’s possible to get discounts on the selling price if you’re paying with all cash, if you limit your contingencies, or if the Loft has been on the market for a period of time. However, if the market is hot, you’ll want to make an offer for the full amount and do it as quickly as possible.

Prepare the paperwork

Once you’ve gotten your pre-approval and determined your price, your real estate agent will help you prepare a written offer. This purchase agreement will become a sales contract if the offer is accepted. It should include:

  • Description and address of the property
  • Price being offered for the Loft
  • Terms of the deal, for example whether or not you’re offering cash or obtaining a mortgage
  • The amount of the down payment
  • Details of the escrow
  • Target closing date
  • Contingencies such as financing and Loft inspection
  • Date of possession
  • Other requirements determined by the state, such as seller disclosures and attorney review
  • Expiration date of the offer

Submit earnest money

In addition to the purchase agreement, you will submit earnest money when you make the offer. This is a cash deposit that is a sign of good faith. If your offer is accepted, the earnest money will be placed in escrow and used towards your down payment. This money is forfeited if you decide to back out of the agreement at a later date.

What happens next

Once the document is complete, your agent will submit the offer to the seller or the seller’s agent. The seller will have one of three responses: they’ll accept it, reject it, or make a counteroffer. If a counteroffer is made, the seller will make suggestions about changes to the offer such as a modified sales price, date of possession, or removal of contingencies. Once you’ve received the counteroffer, you can accept it, reject it, or make a counteroffer of your own. This continues until either the buyer and seller agree on the terms of the sale or the offer is refused. Once the offer is accepted and both parties sign, it becomes a legal contract.

 




Pros and Cons of Online Mortgage Lenders

19 May 2018 · by Virtual Results PubSub

Pros and Cons of Online Mortgage LendersYou can’t beat the ease of applying for a mortgage online, rather than going to a bank in person. But is it the best decision for you? Here are the pros and cons of online mortgage lenders that you should consider when you’re buying a Loft.

Pro: It takes less time

If you’re busy or need to move quickly, then applying for a mortgage online may be a great choice for you. You won’t have to travel to the bank, find all your documents, and copy and fax all those documents. Instead, you’ll simply upload everything you need right on the website. The time saved can be significant.

Con: It’s easier to make mistakes

While filling out forms online can be a great time-saver, it can also lead to more errors. You could misunderstand a question and provide the wrong information. It’s also more difficult to get answers to any questions you may have while you’re filling out the forms. You may have limited access to customer service, which is generally only available during business hours.

Pro: It’s easy to shop around

Because it’s so easy to access information from online lenders, shopping around is a breeze. Shopping for a mortgage is just like shopping for anything – you should do your research to make sure you’re getting the best deal. Each lender will have its own rates and terms, and when you shop around online, you can easily compare them.

Con: There are more scams

Scams are prevalent all over the Internet, and it’s no different with online mortgage lenders. When you’re shopping around, you may come across a deal or two that seem too good to be true. That’s a red flag. Mortgage scammers will entice you with low rates or insist on some kind of fee or prepayment. If you have any doubt in your mind, do some research on the company to make sure they are legitimate, or it could cost you.

Pro: You’ll likely find lower rates and fees

In general, it’s not unusual for online mortgage lenders to offer lower rates and fees. After all, they don’t have the same kinds of operational costs that brick-and-mortar banks have. They can then pass those savings on to consumers. Even a slight reduction in your rate could save you serious cash over the long haul, which makes online lenders very attractive to many buyers.

Con: You may not qualify for those low rates after all

Online mortgage lenders attract new customers with promises of low rates, fees, and closing costs. But it’s important to read all the fine print. While they originally promise you a low rate, after you’ve filled out all your forms it may turn out that you don’t qualify. This could waste weeks of time and cause serious frustration. And you may be at the point where there’s no turning back if you want to close on the Loft, so you end up paying more.

In the end, online mortgage lenders can be a great choice for many Loft buyers. By understanding both the advantages and disadvantages of securing a loan online, you can be more confident in your ultimate decision.

 




Make the Most of Open Houses When Buying

3 May 2018 · by Virtual Results PubSub

Loft hunting can be a little intimidating, especially if you’re doing it for the first time. That’s why it can be a wise move to attend open houses when you begin your search. Open houses are a great opportunity to learn more about the local housing market and to define exactly what you’re looking for. Use these tips to make the most of open houses when you’re buying.

Learn about the neighborhood

Open houses offer an excellent opportunity to learn more about the neighborhoods where you’re interested in buying. Chat with the agent about the area and get their take about what its best features are. After having a look at the Loft, take a stroll through the neighborhood and notice what you see. Do residents keep their yards looking nice? Are there any vacant properties? How close are amenities? What’s the street parking situation like?

Develop your priorities

Another great reason to attend open houses when you’re Loft hunting is to develop your priorities. Take a look at different size lofts and layouts, and make notes about what you like and what you don’t like. You’ll begin to see patterns emerge, and they will help you to narrow down just what kind of house you’re looking for. Do you want a pool or a gym? Do you respond to open concept Lofts, or do you prefer soft lofts? Is it better to have a Loft that’s all on one level, or do you like having a second-story window to admire the view?

Imagine yourself living there

As you’re walking through Lofts, imagine yourself living there. Think about what your routine is like each day. Does the layout of this Loft support the kind of lifestyle you imagine yourself having in your new Loft? Does the Loft feature the kind of amenities you’d like to have, like a laundry room that’s easy to access or an area where you can wash your dog? Think about what it’s like while you get ready for work in the morning, and also how you like to spend your time on the weekends. Will this house provide what you need to have a happy life there?

Use your senses

Sellers stage their Lofts to make them appealing to potential buyers, but don’t let them fool you. Yes, the smell of cookies baking is wonderful – but is it hiding another, more unpleasant odor? The soft music playing might add to a sense of peacefulness, but is it covering noise coming from outdoors? How are the views out of the windows? Does the bedroom face the neighbor’s backyard where young children are playing? Use all your senses to discover what it might be like from day to day living there.

Refine expectations

Visiting open houses will also help you to refine your expectations. After seeing many houses, you’ll have a much better understanding of how much loft your money will buy. You’ll see where you may need to make some compromises and what kinds of features will be deal-breakers for you. It will ensure you’re that much more confident about making an offer when you find the loft you truly love.