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The Six Phases of Buying a Home



Six Phases of Buying a Home

First off, congratulations on entering the the second phase of buying a house. That’s right, the SECOND phase; Whether you realize it or not if you’re reading this article you’ve likely mulled it over at some level, even if only deep within your subconscious. Maybe you’re a savvy, investment-minded individual thinking about the future; perhaps you’re simply experiencing a severe case of FOMO as you hear about all your friends buying houses; or maybe you’ve simply outgrown your current place; for whatever reason, at this point you’re solidly planted in phase #2.

#1- A Lingering Thought

Let’s back up for a moment and discuss phase # 1. In this phase, the idea of purchasing a home isn’t a fully-formed plan, and is very likely simply a passing thought, or idea. Butthat’s excellent! The greatest feats of mankind each started as a simple idea. 

During this period you’ve likely found yourself coming back to the idea of buying a home, over and over. It wasn’t a serious, time-consuming consideration, but a pesky recurring thought that wouldn’t go away. As a result, you began noticing the things you admire about your friend’s homes, or you found yourself holding a lingering glance at the beautiful home down the street, or just maybe, the “For Sale” and “Open House” signs on the corner suddenly caught your attention. You spent some time ignoring it, then you gamed it out in your mind as a potential scenario, now you’re truly considering it, and here you are reading a piece titled “The Six Phases of Purchasing a Home” Welcome to phase #2.

#2- Exploring the Idea of Buying a Home

Now that you’ve given in to that still small voice in the back of your mind, you’re in a preliminary exploratory phase. You’ve probably already done a home search or two, huh? Thought so. During this phase potential buyers begin researching the process of buying a home in earnest; They’re considering their finances and purchasing power, glancing at the inventory, and likely searching online about what to expect (again, here you are!), as well as asking close friends about their experiences and recommendations. 

While no serious commitment to actually buying a home has been made yet, with each passing day it begins to feel more and more like a real possibility. As you do your homework, it becomes obvious that it makes much more economic sense to purchase your own home to build personal wealth, than to continue contributing to that of your landlord’s

Now you’ve decided; It’s time. 

This conveniently brings us to phase #3: Committing to buying a home. 

#3- Committing to Buying a Home

This period is an extension of #2, and a pre-cursor to #3, in that it incorporates the activities of both. At this point purchasers have been doing some preliminary groundwork, but now that they’ve officially set out on the adventure of becoming a homeowner, everything steps up a notch. What were innocent casual searches before are now auto-emails with pre-defined filtered criteria, only returning properties that are perfect matches for their dream home… or something they’ve landed on which they can both afford and find joy in. 

This is a crucial step because this is where buyers assemble their real estate teams (cue dramatic inspirational music and a cast of superheroes appearing!). Ok, maybe not quite so cinematically divine, but still an exciting and highly consequential decision. A real estate team’s makeup will vary slightly depending upon the individual buyer’s circumstances, but most are made up of three key players: The buyer, their realtor, and their lender. 

The buyer has the vision and calls the shots, the realtor knows the housing market and current inventory, and handles negotiations, and the lender helps the buyer better understand the specifics of the finances, issues a pre-approval (required to submit an offer in most cases), and processes the loan. 

Choosing a real estate team is an integral step in the process, and buyers should choose professionals who are experienced and bring a great deal of value to the table, but who also help the buyer feel at ease and educated about the process; They serve as both advocates and educators.

#4- Actively Pursuing a Home to Buy

Now that a solid team is formed, the buyer is well on their way to purchasing a home. Here the buyer enters phase #4. During this time the buyer and their agent are actively monitoring the housing inventory. In step #3 the agent likely set up an auto-search, so both the agent and the buyer are pinged when a new listing that matches the search criteria goes active. Now, the buyer is also attending open houses on the weekends and visiting the strongest contenders with their agents. At this stage, the buyer is ready to take action when the right home hits the market. The real estate team is on high alert.

And then it happens; The perfect home has been identified, and it’s “the one”. Buyer and agent discuss the specifics of an offer, the offer is written and submitted (along with the pre-approval letter from the lender), and then the buyer hears those magic words they’ve been anxiously awaiting: “Your offer has been accepted!”

#5- Contract Process

Woo hoo! Now phase #5 commences: the contract phase. The length of this phase is determined by the settlement date included in the offer; It may be a very quick turn-around of 14 day, or a pretty lengthy period of 60 days. During this time the contract’s contingencies are worked through (items such as the home inspection, appraisal, reviewing documents if located within a homeowner’s or condo association, etc.). This is when the buyer, with the aid of their agent, performs their due diligence and gathers all the relevant information on the property. During this same period, the buyer’s lender is processing their loan documents, and eventually sends them to underwriting for final loan approval. 

#6- Closing Day!

And finally, once all the action items of the contract period are satisfied, the magical day arrives, the day considered by many to be one of the most important days of their lives; It’s closing day! This is the sixth and FINAL step of the home buying process. Closing day (also called settlement day) is when the buyer finally takes possession of the keys to their new house. Settlement itself is a relatively simple affair, merely requiring a lot of initials, dates, and signatures. 

For some, this process takes months, and sometimes even years, and for others it can be a blazing fast affair of only a few weeks. For most, it seems far more daunting than it actually is. So, if you’re an early-stage #1-er, or you’ve found yourself progressing into phase #2 land, don’t hesitate to start considering the makeup of your real estate team; They’ll help ground you and focus you on the objectives ahead. 

Start with your friends who have purchased before and ask what they loved or didn’t love about their realtors. Maybe they have a strong suggestion, or perhaps they didn’t have a great experience and they’ll share why. Either way, you’ll get valuable insight about what to expect along the path to homeownership.

Happy house-hunting!

Ed Cook Licensed Realtor – South Florida

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The Best Metal Roofing Company: The Pros and Cons of the Different Types



What is the Best Metal Roofing Company?

Modern-day metal roofing in Australia needs to be qualified by engineers. And in order to be a good roofing company, one has to have passed comprehensive exams that make them qualified to work on metal roofs. Also, a good roofing company ensures that they invest on qualified contractors, trained by the appropriate engineering bodies. The Best Metal Roofing Company Metal roofing has several benefits. One of the many ways in which it improves one’s home is that it keeps the house cooler and improves the comfort of the area around it. Concrete walls create a temperature difference in the area around them, thereby causing a dip in the temperature of the roof. Metal roofing greatly reduces the temperature difference, which is great for those living in hot areas. We are the best metal roofing company in Sydney.

How to Choose a Metal Roofing Company

In this short article, we shall guide you through the different types of metal roofing, including the pros and cons of each and help you choose the right metal roofing for your home. However, if you want to have flat metal roofs, you must only install them on an inclined roof and if you want a slate metal roof, you must purchase an incline system. While there is no one size fits all metal roof, all of the styles have their advantages and disadvantages. To help you choose the best metal roof for your home, we shall take a look at the three most common types, comparing their features and pros and cons.

Types of Metal Roofs

Metal panels are one of the cheapest roofing materials you can get. Metal panels do not cost much compared to tiles, slates or shingles. Metal roofs are flexible as compared to tiles and can be reused. The materials used for the roofing panel are steel, aluminium and copper. Depending on the type of metal you want, prices vary from $3 to $8 per square meter. Concrete Roofs Concrete roofs are more expensive than the other roofing materials. Metal roofing requires less material and no maintenance. Concrete roofing is made from a special cement material that is waterproof. The only maintenance that you need to do is to clean the moisture. Canvas or Tiles Canvas is one of the most popular materials used for metal roofs. Call our team of roofing experts to learn more about metal roofing services in Sydney.

The Pros and Cons of Metal Roofing

Regardless of where you live in the United States, metal roofs are the status quo right now. They provide better insulation than traditional roofing and are designed to hold their load better. But, no roof is perfect, and there are pros and cons to metal roofs. So, before you go and put your roof on the market, you’ll want to know what they are. Pros of Metal Roofing With a metal roof, you can stay dry during downpours, hail storms, and even snowstorms. If you live in an area prone to earthquakes or hurricanes, you’ll be relieved to know that your metal roofing won’t cause structural damage. In fact, many modern roofing materials are manufactured to withstand most of the extreme weather conditions that we’ve come to expect from a normal day.

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4 Scary Things That Can Happen without HVAC Maintenance!



air conditioner

Staying cool in summer is one of the biggest challenges and HVAC is simply the perfect appliance for the task. The HVAC not only cools down the air but purifies and improves the air quality of the house as well. This way if it has become unbearable outside, then it is better you turn on your HVAC and get ready to enjoy the coolest summer. It is just like any other appliance and it has to be maintained properly if you want to avoid any tough spot. Don’t worry if your system is troubling you because an air conditioner repair in Bismarck ND can be hired easily. If you are unable to manage this powerful appliance, you might have to face the following severe consequences.

1. Higher energy bills

Electrical energy has become the life and soul of daily life. If you just take a look around, you’d notice that almost everything is now going electric, including cars. The reason for that is pretty simple, that’s because electrical power is the best form of clean energy and it doesn’t damage the environment. That’s the beauty of going electrical. The problem is, the energy comes from a limited source and it has a cost as well. Hiring affordable HVAC services becomes necessary if you don’t maintain your HVAC properly.

Without maintenance, the HVAC starts consuming more energy. A room that your HVAC can cool down in an hour would require more than double of the regular time to cool down the same room. The air has to pass through filters to enter and zero maintenance chokes the whole system and consequently, the efficiency drops, and energy bills become higher.

2. Inconsistent cooling

The cooling efficiency of your HVAC is directly proportional to the maintenance. The maintenance keeps the system in check and ensures that everything is perfectly in place to provide uniform cooling. inconsistent cooling would be more prominent in larger rooms as compared to the smaller areas. When an HVAC is not maintained regularly, it is quite common that it doesn’t cool the room evenly. In one corner of the room, the temperature will be different as compared to the other corner. That’s because dust absorbed by the system prevents the HVAC from cooling the room uniformly.

The system must be cleaned up every once in a while, and it isn’t a hard job. All you need is a brush and some cleaning solution. The cleaning guidelines can be seen online or from the user manual.

3. Unpleasant odors

Another commonly occurring issue reported by users frequently is the presence of odors. The HVAC isn’t a simple installation as a common split air conditioner. It is a duct-based system and the duct runs through the whole house to cool different areas. Whenever you order the service, it is for the HVAC and for the duct as well. Since cool air passes from ducts for long periods and bacteria can start growing silently. If the population of bacteria goes beyond control, you’d start smelling strange odors. The best way to find out whether the duct needs to be cleaned or not is to take a sample to the closest lab for testing. It doesn’t cost much and it’ll clarify the situation immediately.

4. Bad air quality

The manufacturers don’t recommend cleaning for nothing. As a user you should know it too. The indoor air quality depends greatly on the HVAC. If it isn’t cleaned properly the quality of air will drop badly. If you start experiencing unusual flu or cough, then probably the responsible is your poorly maintained HVAC. If your house doesn’t have proper ventilation and depends solely on HVAC, then you must clean it at regular intervals.

The situation can get worse if you have a bigger place to cool down because it would have a bigger duct as well. If your HVAC is not maintained well and in addition, your duct system is also full of debris, then definitely the quality of air will drop quicker than you imagine. That’s why make sure it stays clean all the time, and if you find it too difficult to do it yourself, then hiring an expert is an appropriate choice.

Regular maintenance of HVAC ensures a better ambiance inside your house. That’s why maintenance must be scheduled at regular intervals. You can either create a conventional paper-based log or create a log on the smartphone. Ideally, the filters must be cleaned every fifteen days but if you have carpet inside the room, then the interval must be reduced. The higher would be the cleaning frequency, the lesser would be the risk of technical faults with your HVAC. For worst-case scenarios, you must have a couple of contacts in your list that can provide immediate assistance. That’s why to keep a close watch so you can call out for the experts in time.

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3 Best Places to Install an Air Conditioner in Your Home



Location is one of the most important considerations when installing an air conditioning unit. The placement of the AC unit in your home can greatly affect the system’s operation. If you notice that your AC is not cooling your home properly yet consumes a lot of energy, it’s best to take a look at its current placement and assess whether or not it requires relocation. 

Here are the top 3 best places to install your cooling system at home:

Away from heat sources

When installing your air conditioning system at home, choose a location that is away from heat sources. Installing your unit near windows and skylights puts stress on your air conditioner as the heat from the sun makes it harder to cool the air that enters your home.

Another source of heat in your home is your appliances. These include lamps, TV sets, stoves, and microwave ovens. The heat produced by these appliances makes it harder for your AC to reach your comfort level at home. 

High up on the wall

If you are planning to install a split-type cooling system in your home, it would be ideal to place it up on the wall. Besides saving floor space, a wall-mounted AC will also cool the room more evenly. However, be careful not to place it too high that regular servicing becomes hard. 

Under the shade of a tree

Shading the outside portion of your AC will increase its efficiency and lower your cooling costs. Just be sure to regularly check the unit for any obstructions that restrict the proper flow of air. Leaves, branches, trash, and other debris may collect on your condenser once neglected. 

Hire a professional air conditioning installation Jupiter

Are you planning to install a new air conditioner in your home? If yes, make the right decision and hire the licensed professionals in Jupiter to handle the job for you. A professional AC installation service will not only guarantee you fast and efficient results, but it will also save you money in the long run. Call your trusted local HVAC company to book a service today! 

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Things to Look For in Luxury Home Builders




Luxury home builders in Melbourne, Australia offer the best services to create the homes of dreams. Their mission is to combine beauty with functionality for the luxury home owners in Melbourne. They build homes of the highest quality using the most innovative construction techniques to provide a home that you will cherish and be proud to show off to your guests. A home is not just a place to live in. It’s also where you should be happy, relaxing and free to do what you want when you want without interference from other people or society. This is what luxury home builders in melbourne have to offer.

In choosing luxury home builders in melbourne for your next project, you have a lot to look forward to. There are many of them in the city. Most of them have branches all over the country so they are relatively easy to get hold of, and most of them have websites. Take some time to explore their websites and see if they can fulfill your needs.

They should be licensed and insured. This ensures that the work done on your house will be done safely and appropriately. Good builders provide you with details about the custom home builders melbourne construction process as well as the warranty offered. You should also be able to get information about the warranties offered by each builder.

They should use the highest quality materials used. The highest quality materials used in making your dream home should be used so that the finished product is of excellent quality. Good builders provide you with this kind of information. In addition, good builders employ qualified and experienced staff members who know exactly what they are doing. They are well aware of the best practices in home construction and design.

You can contact the company directly to inquire about the different options available. A luxury home builder should offer you various options including custom home designs, floor plans, architectural drawings, and even virtual tours of the completed homes. All these services should be provided for free. If not, look somewhere else.

They should be experienced in all matters concerning luxury home builders. They should have many years of experience in constructing and designing luxurious homes. Their work should be spotless and flawless. Look at the testimonials provided on their websites. If you find any with glowing reviews, you can consider them good choices.

They should have an established track record. They should provide you with some guarantees as well as a license number. They should be able to provide you with some schedule for pre-construction works and post-construction works. And finally, good builders employ only very experienced and skilled tradesmen.

Melbourne is a thriving real estate market. It has one of the best real estate markets in the world with ever increasing demand for luxury home builders. This will definitely make it easier for you to locate the best builder to construct your dream home.

You need to check out the license of the luxury home builders in Melbourne. There are some that are licensed but not in a proper way. Also, you should know about the number of years they have been in business. This information will provide you a fair idea of their capabilities in the luxury home industry.

Once you get to see their portfolio of completed projects, you will be able to know if they have a good reputation in the industry. Make sure the design and construction techniques they use is innovative and up-to-date. This will give you assurance that they are capable of constructing the home you envision. They should be able to accommodate all the design requirements you have and will not make you feel limited. They should have the skills and resources to execute your ideas into reality.

They should also take into consideration your budget and timeline. The price range should be appropriate to your budget and the timeline should be flexible enough to accommodate your needs. They should be able to discuss with you the best design for your home based on these factors. They should be capable of completing the design and construction within your budget and timeline.

Most importantly, the Melbourne luxury home builders should be located nearby to where you intend to live. It is better if they can offer you a quick on site visit for an assessment to assess the current and future site requirements. This will help you avoid unwanted surprises in the future. You can compare home prices from different home builders to get the best deal. You can also check their website for more information and details.

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How does an inspector check the roof?




Roofing Bournemouth

A roof inspection is an essential element of buying or selling a home and general day-to-day life. Generally speaking, a professional roof inspector will be looking for leaks, unusual wear and tear, damage caused by windblown debris, organic growth issues, and more. They will assess if repairs are needed or if any areas need repair.

How is a roof inspection performed?

Typically roof inspectors assess the roof up close by climbing up to see what issues may be arising. They use ladders or equipment to take a look. It can take up to an hour to assess, but new methods are approaching fast in modern times. After all, climbing up onto roofs can be dangerous and pose massive health and safety risks. You should not attempt to do this yourself. Walking on a roof can be learned and is reserved for professionals. However, you can make a few checks by inspecting the condition of your roof visually. The signs of degradation that an inspector should address are:

  1. Degraded roofing: tiles that are broken, missing, covered with moss, or which are no longer in their original place;
  2. A roof outlet from a chimney, the masonry of which seems to be deteriorating;
  3. The ridgeline which no longer appears to be rectilinear;
  4. A gutter that has oxidation points or is clogged due to the development of foam.

Checking the condition of your roof by spotting these problems will allow you to anticipate other more serious degradations and preserve its insulation, an important point to avoid heat or cooled air loss in particular.

Overall, your roof inspector will look for damage, wear or vegetation growth both on the exterior of your roof and in the attic or interior ceiling. Wind, water, and mould can damage all parts of your roof because it is exposed to the elements. A building inspector will consider whether the roofing materials are damaged, missing, or loose, including roof tiles and ridge caps. In particular, they look for signs of sagging, water damage, mould, and tile heaving. Next, they will inspect the gutter and downpipe system. This means making sure that water is draining properly from your roof instead of collecting in certain areas. This defect creates the perfect environment for termites.

For the gutters and downpipes, the presence of blockages and any sagging or curvature is checked. The inspector will also check for the presence of rotting or damage caused by pests and sealing.

The inspector also takes a look inside the roof. The roof space or ceilings are inspected for water damage or leaks. Water leaks can lead to rotting or mould growth in your home, which could turn into expensive repairs. Leaks are also a sign of more significant problems with your roof’s insulation, whether it’s with the roof tiles or the underlayment.

Drones for inspection

So you may have wondered, how does an inspector check the roof if it’s unsafe to do so? What happens if there are defects that go unseen? Well, modern technology has paved the way for drones to aid in the job when deemed unsafe or with any roof inspection. They are specially developed for the requirements of professionals such as building and pest inspectors. Building inspectors can perform checks easier, faster, and more cost-effectively than in the traditional way.

A drone roof inspection means that inspectors can check the roof even at great heights or with complex roof geometry. Not everyone can fly the drone required for this task. A drone ‘pilot’ license is required. The Queensland Government has information about drones in Business. Check with your government department for information, and make sure you ask your inspector to view their license. With practice, the building inspector can steer the drone to the nearest centimetre to a gutter to take a critical look inside or precisely check connection areas.

A drone roof inspection allows the inspector to receive the recorded data in real-time. The data is saved for later processing and can be transferred to a computer. Drone inspections provide peace of mind to home buyers, knowing that the entire property is inspected. It truly is a great tool and is becoming more popular.

The flying roof inspector, also known as the drone, can be used in the following ways:

  • The early detection of damage to existing roofs and other structural elements in the roof area.
  • Documentation of individual work steps accompanying construction work on the roof.
  • Damage diagnosis after an event – e.g. storm or hail (also for complete documentation to the insurance company).
  • For planning purposes (e.g. renovation, conversion, expansion).

Drones are a versatile tool that makes building inspectors work more accessible and provides confidence to home buyers. This way, being able to carry out a roof inspection adds another layer of security to a home buying transaction when a roof inspection would have otherwise not gone ahead.

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