John Farrell's Blog
Deciding on a home is both exciting and daunting! Here are a few ideas (do's and Dont's) I will share with you.
1. Decide on"location" (school system, access to friends, job, church, city or country, north, south, east or west?)
2. Create a list of NEED to have features , (bedrooms, bathrooms, garage, one level living etc...) and a list of NICE to have features. (amenities etc...)
3. Determine budget (get pre qualified from a lender, (ask your agent)for Occupancy cost! mortgage principal and interest, taxes, all insurances, heat, electricity, trash, water, deferred maintenance. (sometimes a more expensive house may cost less in the long run if it is in "perfect condition")
4. Do get "educated"... Your agent will provide you with a sorted list of possibilities. Take a drive around and view them and imagine living in the locations.
5. Discuss the results with everyone involved in the home.
6. Law of Unity!...When everyone agrees on one or more settings, schedule a viewing with your agent to see properties.
7. Compare your needs and wants with the house's features and benefits. Pick the best one!
8. When you pick, don't fail to act! make an offer that realistically will be negotiated and accepted by the sellers! ...others buyers know that the best choice is the best choice.
9. Follow through on all your tasks....bank, inspection, attorney, insurance, moving plans, utiliti
Even this may be off topic in the Real Estate World, this Manifesto by Seth Godin, Book-writer, blogger and insightful thinker is a must read for everyone who has a child in the educational system or lives and works in America. Stop Stealing Dreams (it's Free)
Seth Godin has influenced the next generation of entrepreneurs with his numerous books and his Daily Blog..
The fundamental transformation in the country and the world is upon us... join it!
I have 3 adult children with 3 grandchildren (more to come :) and believe that there is never been a better time to embrace the liberty we have in America and improve the quality of life we enjoy. Opportunity has never been so available.
Best WIshes for all... john
607 760 0908
john@exitnys.com
For those of us who grew up in the pre internet age, our brains are wired to select from very few choices. 3 channels of TV, 2 favorite high powered AM music stations, black coffee or with milk, Ford or Chevy... Do you want cheese on that burger??? Alas, in 2012, we are inundated with limitless choices for everything!!! In a very real sense, the extreme--- and I mean extreme, amount of choices the average person must make in a day is both overwhelming and empowering. How nice...I get to pick what I want on my burger from 77 combinations, 50,000 movies on netflix, 77,000,000 websites on any topic...etc... Exhausting to say the least..:)
When searching for the home of your dreams however, the choices for the RIGHT house must be picked from the current, yet shifting inventory of available homes. The greater Binghamton marketplace may have a total of 1500-2000 possibilities. However when matching YOUR NEEDS (things you must have) and YOUR WANTS(things that may be NICE to have) and filtered by your location, acceptable condition, and your financial range for occupancy cost, will typically result in your choice of a few, 1-4 Right houses. Since you usually are not the only active buyer in that narrowed, filtered range, please don't be surprised when after viewing the 1-4 of your best choices, that just as you are pondering your VERY important decision... someone else may beat you to the home
Investors who are involved with student housing in the Greater Binghamton area should be aware of the new proposed rules for high density housing in the Tree Distrct of the west side.
Please read below as these are the NEW rules!
For expert wisdom about the market for real estate in Binghamton N.Y. Please Call John Farrell, Exit Realty Homeward Bound, Vestal NY
When looking at Video Tours of Houses, it satisfies the desire to check out features that are attractive to you. Be AWARE! and Beware!
1. Pictures are by their nature... selective. It is not what you see, but what you don't see. NOTHING replaces going to the house. You may miss out on your perfect home that was eliminated by an emotion caused by a picture. In 28 years I have view tens of thousands of homes and experienced this myself. I call them (SLEEPER DEALS) because a bad picture lowered the showings of the house and the final buyer got a better deal than usual.
2. Realtor's are not professional photographers! Nor are sellers home decoration consultants!
3. Sometimes W-I-D-E angle lens are used ...just to get more than a corner of a bedroom. This distorts the ceiling lines and makes straight lines look crooked! Perhaps the porch looks crooked. Don't let that bother you! It's just a picture.
4. If the video has a TOUR Guide, realize it is more of an ad for the agent than the house... (Please Spare me the OO's and AH's) A slide show of non-moving images makes it easier to see the hardwood floors, kitchen cabinets etc.. The Customer Display with multiple pictures of the houses supplyed on most websites is easier to digest.
5. Choose your houses to view by recieving a presorted list from us, then DRIVING by the location, MATCHING the price range to your budget,
Real Estate Professionals in New York State can work with Buyers and Sellers in different forms of representation with different services, obligations, and loyaltys.
Please Read (NY Agency Disclouser)
I am pleased to completely explain any of your questions!
Ask me about our Unique Premium Advantage System! UPAS
John Farrell "Your Success is My Success" 607 760 0908 Call/text John@exitnys.com
Flood houses in Vestal, Johnson City, Apalachin and Owego New York.
The flood of 2011 affected thousands of homes in Broome and Tioga County. Some of them have been put up for sale and they can be viewed at Exithb.com sign in and Choose John Farrell as your agent.
for
The former home owners typically have stripped and cleaned the homes to prevent mold growth, certainly a necessity! A few owners have completely rehabbed the home and are returning to live, rent it out or put up for sale. for example 7 Circle Drive
Other houses are being sold to investors or contractors who will complete the home for rent or resale. Click here for sample list of sold houses: http://www.binghamtonmls.com/brm/maildoc/sd_CoddF320120113193946.html
Wow! 2012 already! It has never been a better time to make a move and buy your home. Binghamton, Vestal, Endicott, Endwell and our towns in our Broome County Area have never been so affordable.
The anticipation of the windfall from Marcellus shale formation has the area prime for "buying at the bottom"
The lowest interest rates in our lifetime makes acquiring your dream home at this time extra appealing!
Attention buyers
Many homes are on the market (over 1200+) which give you value, value, value. Contraty to many parts of the nation, we have experienced price increases over 2010. My Unique Trends report is available to demonstrate the shifting market place. Choice, Value, and Low interest create an unbeatable combination for YOU!
Always wishing you well...
"Your Success is My Success!" and a Happy New Year...
