Ron Ouellette
RE/MAX Advantage I | 508-847-7111 | rono@remax.net


Posted by Ron Ouellette on 5/17/2018

Buying a home should be a fun, exciting experience, one that ends with you moving into your dream residence. However, problems sometimes can arise that prevent you from accomplishing your ultimate goal.

No homebuyer should be left in the dark, especially when it comes to navigating a competitive real estate market. Lucky for you, we're here to help you kick off your homebuying journey on the right foot.

Now, let's take a look at three tips to help you launch a successful homebuying journey.

1. Know Your Homebuying Budget

You know that you'd like to buy a house, but how much can you afford to pay for a residence? With a homebuying budget in place, you can determine exactly what you can afford.

Getting pre-approved for a mortgage enables you to enter the real estate market with a budget in hand. Many credit unions and banks are available nationwide, and each lender is happy to provide details about a wide range of mortgage options. That way, you can select a mortgage that matches your finances perfectly.

Also, don't forget to consider the costs of utilities when you budget for a home. And if you need to commute to work or school, you may want to consider your transportation expenses as well.

2. Examine the Housing Market

The housing market usually features a large collection of high-quality houses. Take a look at some of the houses that are currently available, and you can better plan for your homebuying journey.

For example, if there is an abundance of homes available in a city or town where you'd like to live, now may prove to be the ideal time to enter the real estate market. The sheer volume of residences indicates a buyer's market may be in place, so you might be able to boost your chances of acquiring an exceptional house at a budget-friendly price.

On the other hand, if homes are selling quickly in a particular area, it likely means a seller's market is in place. As such, you will need to be aggressive if you want to secure your dream residence at an affordable price.

3. Consult with a Real Estate Agent

The homebuying journey can be daunting, particularly for those who are interested in purchasing a house for the first time. Fortunately, a real estate agent can help you seamlessly navigate the homebuying journey.

A real estate agent possesses comprehensive housing market experience. He or she can share real estate insights with you to ensure you can purchase a great house that meets or exceeds your expectations.

Furthermore, a real estate agent will keep you up to date about new properties, set up home showings and negotiate with home sellers on your behalf. And if you ever have concerns or questions, a real estate agent can respond to them immediately.

Ready to make your homeownership dreams come true? Use the aforementioned tips, and you can enter the real estate market as an informed homebuyer.




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Posted by Ron Ouellette on 5/10/2018

You can't help but admire people who have an independent spirit and are determined to do things on their own. It's reminiscent of early pioneers who lived by the belief that "God helps those who help themselves." While it may be true that qualities like self sufficiency and initiative can help you get ahead in life, there are instances in which it makes sense to team up with an expert. You can't always go it alone, and when the stakes are high -- like in real estate sales -- the last thing you want to do is try to reinvent the wheel! Advantages of Working With a Professional Realtors and real estate agents know the ropes, when it comes to the intricacies of marketing a home, finding qualified buyers, and negotiating the best possible deal. If you attempt to sell your own house without the benefit of an agent, you'll be facing a steep learning curve and a lot of potential pitfalls. Perhaps one of the most compelling reasons for hiring a real estate agent is that time is of the essence. From the minute you put your house on the market, the clock is ticking. If your property is still on the market after a few months, then its perceived value will start to drop. Many people will assume there's something wrong with it -- whether it's a diamond in the rough or a polished gem! Real estate professionals are not only attuned to the pulse of the local marketplace, but they can guide you through the often complicated process of selling a home. Here are a few of the many ways that agents can simplify your life, help you avoid costly mistakes, and increase the probability that you'll receive top value for your home and sell it in the shortest possible time.

  • Home staging: By taking advantage of their knowledge and expertise, you can make sure your home is presented in its best light. Your agent should advise you of cost-effective ways to improve your home's curb appeal and correct any potential issues on the inside that may detract from its marketability.
  • Salesmanship: A good real estate agent is skilled in the art of persuasion, establishing rapport with people, and helping them focus on both the positive aspects of your home and its future potential. Many homeowners, on the other hand, tend to either undersell or oversell the desirability of their property. Their lack of objectivity can also cause them to overprice their house, resulting in lost opportunities.
  • Negotiating skills: One of the skill sets that real estate agents have is negotiating the terms and final price of a home. Since they do this for a living, a seasoned real estate agent has the practical experience, knowledge, and insights to help you get the most value for your home. They generally know how to push the envelope, without pushing too hard. Homeowners who attempt to negotiate a real estate sale on their own may make one or more "fatal errors," which can derail a potential sale.
If you're unsure whether you want the help of a real estate agent or Realtor in finding a buyer, handling the paperwork, and jumping through all the legal and regulatory hoops that real estate transactions involve, then test the waters, first. Set up a meeting with a couple different real estate agents and pick their brains. That way, you'll be sure to make an informed decision when you decide which path to take in selling your home.





Posted by Ron Ouellette on 5/3/2018

After you accept a homebuyer's offer on your residence, he or she likely will complete a home inspection. Then, the homebuyer may choose to move forward with the home purchase, rescind or modify his or her offer or ask the home seller to complete home improvements.

Ultimately, a home seller is likely to have many questions following a home inspection, including:

1. What did the homebuyer discover during the home inspection?

As a home seller, it is important to do everything possible to enhance your residence before you add it to the real estate market. By doing so, you can boost your chances of generating substantial interest in your house. Plus, when a homebuyer performs a home inspection, he or she is unlikely to find any problems that may slow down the home selling process.

An informed home seller may conduct a home appraisal prior to listing his or her house on the real estate market. This appraisal enables a home seller to identify potential trouble areas within a residence and explore ways to address such problems.

If you failed to perform a home appraisal, there is no need to worry. For home sellers, it is important to see a home inspection as a learning opportunity. And if a homebuyer identifies problems with your residence during a home inspection, you should try to work with him or her to resolve these issues.

2. Should I stand my ground after a home inspection?

Be realistic after a home inspection, and you'll be able to make the best decision about how to proceed.

For example, a home seller who goes above and beyond the call of duty may address major home problems prior to listing his or her house on the real estate market. This home seller will dedicate the necessary time and resources to correct home problems and ensure a homebuyer is able to purchase a top-notch residence.

But what happens if a homebuyer identifies problems during a home inspection, despite the fact that a home seller already tried to correct various home issues?

A home seller should consider the homebuyer's inspection report findings closely. If minor home repairs are needed, he or she may be able to fix these problems to move forward with a home sale. Or, if a homebuyer is making exorbitant demands, a home seller may feel comfortable allowing the homebuyer to walk away from a home sale.

3. How should I proceed after a home inspection?

A home inspection can be stressful for both a home seller and a homebuyer. After the home inspection is completed, both parties will be better equipped than ever before to make informed decisions.

If a homebuyer encounters many problems with a residence, he or she will let the home seller know about these issues. Then, a home seller can complete assorted home repairs, offer a discounted price on a home or refuse to perform the requested home maintenance.

Working with a real estate agent is ideal for a home seller, particularly when it comes to home inspections. A real estate agent will negotiate with a homebuyer on your behalf and ensure you streamline the home selling process.





Posted by Ron Ouellette on 4/26/2018

Ready to negotiate the purchase of a new home? Ultimately, employing a real estate agent may help you avoid the stress and anxiety that is commonly associated with a homebuying negotiation.

There are many reasons to hire a real estate agent to handle a homebuying negotiation, including:

1. A real estate agent understands the art of negotiation.

A negotiation is a high-pressure situation, one that may be difficult to navigate on your own. Fortunately, a real estate agent understands what it takes to help a homebuyer get the best price for a house – without exception.

With a real estate agent at your side, you can receive support from an experienced negotiator.

A real estate agent possesses extensive skills and know-how, particularly when it comes to homebuying negotiations. This housing market expert will be able to negotiate with a home seller and ensure all parties are satisfied with the end results.

Furthermore, a real estate agent will dedicate the necessary time and resources to complete a successful homebuying negotiation. He or she will go the extra mile to negotiate with a home seller to help you acquire a home that matches or exceeds your expectations.

2. A real estate agent will keep you up to date at all times.

If you employ a real estate agent, it is important to know that this housing market professional will keep you informed throughout a homebuying negotiation. Lucky for you, a real estate agent will provide updates as you try to acquire your dream residence at a price that matches your budget.

A real estate agent acts as a liaison between you and a home seller. He or she will keep you up to date at each stage of a homebuying negotiation and will require your approval on any homebuying decisions.

Also, a real estate agent will provide suggestions during a homebuying negotiation. As a homebuyer, you always have the option to accept or reject this housing market professional's suggestions.

3. A real estate agent is unafraid to be honest with you.

Although a real estate agent will do everything possible to help you streamline a homebuying negotiation, he or she will provide honest, unbiased recommendations as well.

For example, if you want a home seller to drastically lower the price of a home after a property inspection, a real estate agent will handle your request. And if a home seller rejects your proposal, this housing market professional will provide you with feedback and help you map out your next step accordingly.

A real estate agent will be able to respond to any concerns or questions that you have during a homebuying negotiation too. As such, he or she can provide a valuable resource and offer homebuying insights that you may struggle to obtain elsewhere.

Don't let the complexities of a homebuying negotiation overwhelm you. Instead, collaborate with a real estate agent, and you can speed up the process of purchasing your ideal residence.





Posted by Ron Ouellette on 4/19/2018

When you're a homeowner, it's tempting to save money any way you can. Oftentimes people take repairs into their own hands when they don't have the knowledge or experience to complete the job safely. What begins as a way to save money can quickly turn into a disaster--as you spend lengthy periods of time on a project and find yourself going over your initial budget. It isn't always easy to know which projects you can attempt yourself and which ones are better left to the pros. And, of course, it will depend on your comfort and skill level when it comes to various household repairs. So, if you're a plumber, disregard our plumbing advice and dive in to your DIY plumbing projects since you have the know-how. But if you're an average homeowner looking to make some renovations and repairs, read on to find out which ones you should attempt and which ones are better left to the pros.

1. Electrical work

So you've got a few faulty outlets in the new home you bought. It doesn't seem worth calling in an electrician just for those few minor issues. However, due to the dangers and complications that can arise from electric work, it's a good idea to hold off and call in the experts. Aside from shocking yourself (which can be deadly), you could also create fire hazards or damage circuitry, resulting in much higher repair costs than you initially had. Another benefit of calling in an electrician, other than having the project done correctly, is that they will be able to diagnose your home circuitry to let you know what other problems might arise in the foreseeable future. So, when it comes to power issues, always call in the pros.

2. Hazardous materials

Many people will tell you not to worry about asbestos or lead paint unless you have children. However, these are both dangerous materials than can create several chronic health problems in adults as well. If you're concerned for the safety of yourself and your family, call in contractors who will remove the lead or asbestos. What can go wrong if you try to do it yourself? Lead chips and dust will fly through the air when attempting to remove lead paint. Breathing in these fumes is dangerous initially and down the road when the dust settles into the corners of your home. Asbestos, especially in blown-in insulation can be particularly dangerous. Aside from ensuring your safety, a contractor will also be able to assess the situation and determine whether your hazardous materials need to be removed or can just be "repaired" or covered up. Simple repair jobs on asbestos or lead-containing objects can save you some serious time and money.

3. Roofing and siding

There's a reason even building contractors bring in third party companies to install roofs and siding. These are both labor-intensive and time-intensive jobs that require specialized skills and tools that only dedicated companies can accomplish correctly. Roofing and siding are both dangerous jobs that carry the risk of falling off of roofs and ladders, as well as injuring your back lifting heavy shingles. The pros have the tools and experience to avoid these injuries. When you hire the professionals to do your roofing or siding, you can rest assured that the job is done correctly and will last much longer than if you made it a DIY project as well.