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.




Categories: Uncategorized  


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 5/9/2018

This Commercial in Worcester, MA recently sold for $250,000. This style home was sold by Ron Ouellette - RE/MAX Advantage I.


415 Southbridge St, Worcester, MA 01610

Commercial

$295,000
Price
$250,000
Sale Price

0
Buildings
Land
Type of Comm.
20,147.00
Lot Size
Corner of Southbridge St "Rt 12" (curb cut) & Hammond St at traffic signal. Great visibility, high volume, excellent access. Across on corner (same side) of new Gulf gas station, convenience, Dunkin Donut, and Subway. Directly across from the Port of Worcester, and Providence Worcester Railroad. 1/2 acre lot (190' X 98') 5 minutes to downtown Worcester, I-290, Rt-146, 10 minutes MA Pike. All necessary services nearby.

Similar Properties





Categories: Sold Homes  


Posted by Ron Ouellette on 5/3/2018

This Land in Worcester, MA recently sold for $250,000. This style home was sold by Ron Ouellette - RE/MAX Advantage I.


415 Southbridge St, Worcester, MA 01610

Land

$295,000
Price
$250,000
Sale Price

0.46
Acres
Commercial
Land Type
Corner of Southbridge St "Rt 12" (curb cut) & Hammond St at traffic signal. Great visibility, high volume, excellent access. Across on corner (same side) of Gulf gas station, convenience, Dunkin Donut, and Subway. Directly across from the Port of Worcester, and Providence Worcester Railroad. 1/2 acre lot (190' X 98') Recent area new commercial development. 5 minutes to downtown Worcester, I-290, Rt-146, 10 minutes MA Pike.

Similar Properties





Tags: Worcester   Real Estate   land   01610  
Categories: Sold Homes  


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.