Homes of Distinction Realty



Posted by Homes of Distinction Realty on 10/12/2018

If you ride through the suburbs of America, youíll likely notice that the houses just seem to get bigger and bigger. Like our taste for large trucks and SUVs, Americans tend towards the idea that bigger is better.

On the opposite end of the spectrum are people who feel quite the opposite. From this minimalist mindset has emerged the ďtiny house.Ē What exactly is a tiny house?

There is no exact definition. However, most tiny houses are built on wheels--to adhere to local building code--and typically donít exceed 500 square feet in size.

You might be thinking thatís a bit extreme. And you wouldnít be alone--Americans have taken advantage of small homes in the form of modular homes, and cottage-style houses for decades.

With the cost of heating and powering a home rising year after year, itís beginning to make sense to downsize.

So, in this article weíll talk about what it means to live in a smaller home to help you decide whether itís a good choice for you.

Barriers to building small houses

If itís your dream to someday build a small house on a hilltop in your hometown, you might have to face-off with the local zoning committee first. Some of the biggest barriers to building smaller houses are local regulations involving minimum house sizes.

This isnít a new problem, with towns struggling with the idea of minimum square footage as far back as the 1970s. In spite of this barrier, small house and tiny house proponents have been finding loopholes.

One such workaround involves simply building your house on wheels. However, that isnít easy to do and it doesnít always look great either.

Living simply

Depending on your hobbies and philosophy, living in a small house can be a good or a bad thing. Those who seek to become more minimal in their belongings often find that small houses help them achieve this.

The more things we own the more we have to worry about storing and maintaining them. However, if you value experiences more than objects, living in a small house could save you money and therefore leave you with more funds for traveling and other experiences.

Family is another thing to consider when living in a small house. If you have a large family or pets, living in a small house can be difficult. However, there is something to be said about growing up in a small house (it makes it harder for kids to avoid their parents by playing video games in their room or the basement!).

How to decide if you can manage living in a small house

If youíre downsizing from a larger home it can be scary to lose all of that extra space you were used to. There are a few ways to see if you can adapt to a smaller home, however.

You could rent a small apartment while you search for a new home. This will allow you to acclimate yourself to living in a smaller environment.

If you donít want to go through the trouble of signing a lease, thereís always renting a small property through AirBnB or a camping cottage for a few weeks. Then youíll have time to notice what you like and dislike about the smaller space and will be able to plan for how to want to deal with those changes if you decide to move into a smaller house.




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Posted by Homes of Distinction Realty on 10/5/2018

As a homebuyer, you likely will want to do everything possible to secure your dream house at a budget-friendly price. Yet for those who are dealing with an aggressive property seller, achieving the optimal results may prove to be challenging.

Lucky for you, we're here to help you simplify the homebuying process so you can acquire your ideal residence at an affordable price Ė even if you're forced to deal with an aggressive home seller.

Now, let's take a look at three tips to help you deal with an aggressive property seller and accomplish your desired homebuying results.

1. Remain Patient

It may be tough to deal with an aggressive home seller at times, but those who stay the course can buy a house that matches or exceeds their expectations.

Remember, a patient homebuyer generally is a happy homebuyer. If a buyer avoids rash decisions and remains calm, cool and collected when dealing with an aggressive seller, he or she can boost the likelihood of making the best-possible choices throughout the property buying journey.

2. Focused on Your Desired Results

The ultimate goal of the homebuying journey is to find and buy a house that you can enjoy for years to come. In some instances, an aggressive seller may make it difficult for you to accomplish your goal. But if you prioritize the end results of the homebuying journey, you may be better equipped than others to secure a terrific residence.

If you focus on the big picture, you may be able to reduce the risk that minor issues with an aggressive home seller could slow down the property buying journey. And if you do whatever it takes to achieve your desired homebuying results, you may be able to find unique solutions to various problems.

Don't forget to maintain open communication with a seller. If you open the lines of communication with a seller, both you and a seller can work together to ensure all parties are satisfied with the results of a home sale.

3. Hire a Real Estate Agent

If you're uncertain about how to deal with an aggressive seller, you may want to hire a real estate agent. That way, you'll have an expert negotiator at your disposal.

A real estate agent is happy to negotiate with a home seller and his or her agent on your behalf. By doing so, a real estate agent will minimize the risk of potential property buying delays.

Let's not forget about the frequent updates that a real estate agent provides during a negotiation with a property seller, either. A real estate agent will keep you informed about seller negotiations and ensure you can move along the homebuying cycle. And if you ever have concerns or questions during the homebuying journey, a real estate agent is ready to respond to them at your convenience.

Manage the homebuying journey like never before Ė use the aforementioned tips, and you can avoid the headaches commonly associated with dealing with an aggressive property seller.




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Posted by Homes of Distinction Realty on 9/28/2018

Newlywed life is such an exciting time! Itís also a time many couples decide to buy their first home together. And therefore aside from having a wedding, itís the first major financial decision couples make together. Hit the ground running together with these tips:

Co-managing money: If they havenít already combined finances before the big day many couples choose to do so after marriage. Learning how to manage money on your own is a task unto itself but managing it together is a vital skill for newlyweds. You can avoid unnecessary fights over money down the road by getting on the same page financially now. Get really honest with each other. Put everything on the table, especially various debts you each may hold, from credit cards to school loans itís all important to get a true snapshot of your combined finances.

Create a budget for your life together. Calculate your combined expenses. Consider where you can cut back on services and habits to save money and what you need to add to your budget. Be sure to consider: savings for a nest egg, vacations, car repairs, and unexpected medical emergencies. You may also want to begin saving up to start a family or plan for retirement. When you have a complete picture of your finances you can then look at whatís left over. What kind of down payment and/or monthly payments will you be able to realistically make with this amount?

Youíll also want to talk to each other about your lifestyle goals. If youíve always dreamed of living in the city or a small tightly-knit town. Perhaps youíve always imagined a large, spacious home while your partner is thinking of something smaller to focus more on traveling. Do you want a garage, a big yard, a pool or to be close to family? Getting clear on what you each expect from your ideal home will help you find the perfect middle ground where you will both be happy.

Itís best to be able to make at least 20% of the house cost for a down payment. The higher the down payment you can make the better as youíll have lower monthly payments and wonít get hit with extra fees from your insurance. If you canít save up this amount, look into first-time buyer loans which allow new buyers to make a smaller down payment.

Be prepared. Remember to plan and budget for closing costs on your home. You donít want this price tag to catch you off guard. Other things to be financially prepared for throughout the year are property taxes, homeownerís insurance as well as maintenance and upkeep.

Being newlyweds is an exciting time where you have the rest of your life together to look forward to. And buying a new home, in a lot of ways, can feel like the first major step in laying down the foundation for a long, happy life together.




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Posted by Homes of Distinction Realty on 9/21/2018

Working from home is a job benefit many dream of. However, despite what some may think working from home is not all fun and games. While it may make for an easier commute it also can make for more distractions that keep you from your work. Learn how you can create an office in your home that is a productivity oasis. Function before form. It may be tempting to run out and buy all the beautiful office supplies and knick knacks, but before you do plan out the function of your office first. Create a list of must-have items. Will you need a printer, file cabinet or shelves for your reference binders? Perhaps a fax machine, large whiteboard or a sprawling desk with plenty of elbow room. Knowing what you need on hand to create the most efficient work environment will give you the ability to sit down and productively work without running out to get supplies or inventing workarounds. You will also want to invest in a good ergonomic chair since you will be spending so much of your time sitting in it. Your back will thank you. Location. The location of your home office in your house may be more important than you think. Choosing a quiet secluded room with lots of light will create an ideal working environment. If you have children or a partner that will be home during the day you will want the room in a place where they will not have to tiptoe around like if you, for example, set up shop in the dining room. Creating some ďdo not disturbĒ signs may be a good idea to further set boundaries with your family. Organize. Set yourself up for success off the bat by developing an organization system that works best for your home office. Since home offices tend to be set up in smaller rooms of a house make the most of your space by organizing vertically as well horizontally. Neatly manage and label cords when you set up any electrical equipment. Keep the items you use daily within easy reach so you donít need to jump up and down all day to dig through your cabinets. Inspire. This is your home office, after all, and not a cubicle so donít be afraid to add personality to work your space. Pick up posters with uplifting quotes or imagery or a cork board to pin inspiration and goals. Paint your office a color that uplifts and inspires you. A calm blue paired with a vibrant yellow can help boost your focus and alertness. Setting up a home office is an exciting house project, especially when you will have the opportunity to work from home. While itís tempting to make your new office one that is visually appealing donít forget to keep function at the forefront of your planning process. In the end, youíll have the best of both worlds and may even be more productive for it!




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Posted by Homes of Distinction Realty on 9/14/2018

If you're on the fence about whether to attend an open house, there is no need to worry. Ultimately, it is always better to err on the side of caution, especially if you're on the hunt for your dream home. And if you attend an open house, you may be better equipped than ever before to determine whether a particular residence is right for you.

There are many reasons why you should attend an open house, and these include:

1. You can assess a house both inside and out.

An open house provides a stress-free opportunity to walk through a house and examine it on your own. As such, an open house is a can't-miss event, particularly for a homebuyer who is actively seeking the perfect residence.

Of course, an open house enables you to learn about a home's condition both inside and out. And if you find that you like a home after you attend an open house, you can always set up a one-on-one home showing with a seller's agent or submit an offer to purchase.

2. You can envision what life may be life if you purchase a particular home.

It's one thing to look at pictures of a home and imagine what it would be like to live there. However, homebuyers who want to do everything possible to find the right residence should attend an open house to fully capture what it may be like if they purchase a particular residence.

Remember, how a home makes you feel can have far-flung effects on your decision about whether to submit an offer. And if you attend an open house, you may quickly discover whether you can picture yourself as the owner of a residence. Or, if you find that you are uncomfortable with a home, you can instantly move on and pursue other houses.

3. You can obtain home insights that you won't necessarily find in a house listing.

A home listing often contains details about a home's age, recent house upgrades and other pertinent information. But a home listing alone rarely provides you with all of the insights you need to make an informed decision about whether to submit a homebuying proposal.

During an open house, you can ask a seller's agent lots of questions about a residence. This will enable you to obtain insights that you otherwise may struggle to discover in a home listing. And as a result, you'll be able to make the best-possible decision about how to proceed with a residence.

Clearly, there are many reasons to consider attending an open house. If you need extra help as you pursue residences and debate whether to attend open houses, you may want to hire a real estate agent. This housing market professional can offer expert guidance throughout the homebuying journey. By doing so, a real estate agent will make it easy for you to find your ideal residence in no time at all.




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