Ron Ouellette
RE/MAX Advantage I | 508-847-7111 | [email protected]


Posted by Ron Ouellette on 9/20/2018

While buying a home is a huge decision that should entail a lot of planning and preparation, applying for a mortgage can be surprisingly easy. Just like with other lenders and creditors, a mortgage lender will want to know that letting you borrow money will be a safe investment. Applying for a mortgage is all about ensuring just that.

In today’s post, we’re going to breakdown the home loan application process to help you have the best chances at a smooth and successful mortgage approval. We’ll also define some of the common terms used in mortgages that might leave you scratching your head so you have a better idea of what your options are.

Prequalification and Preapproval

Getting prequalified and preapproved for a mortgaged can both be helpful steps toward securing your home loan. The two terms mean two entirely different things, however.

In order to be prequalified for a mortgage, you typically need to only fill out a simple form (sometimes directly through a lender’s website). On this form, you won’t need to provide specifics or official documents.

Why is this process so simple? Well, that’s because getting prequalified for a loan doesn’t ensure that you’ll actually receive one. Rather, it is simply the first step toward finding out what type of mortgage and interest rates you could receive.

The next step after prequalification is preapproval. To get preapproved, you’ll have to fill out an official mortgage application. Your lender of choice will request a few pieces of information from you, including tax returns, proof of employment for the last two years, and a list of your debts. The lender will also perform a credit check to determine your loan eligibility.

Credit report

At this phase, lenders will also run your credit report. This is a type of “hard credit inquiry” that details your payment history, the number of accounts you have open, and other factors that help make up your credit score.

To secure the lowest interest rate possible, it helps to have a high credit score. So, in the years and months leading up to your mortgage application, focusing on building credit will pay off.

To increase your credit score, you’ll need to focus on paying your bills on time each month. You should also avoid opening new accounts within a few months of applying for a mortgage because this will count as a new credit inquiry. New credit inquiries--including applying for a mortgage--lower your score temporarily, so it’s best to avoid them when possible.

Additional paperwork required for mortgage applications

Not every mortgage application will be the same. Depending on the type of income you receive, you may need to provide different forms of income verification.

Each person will also have to claim different debts and assets. When buying a home with a spouse or partner, it’s important to consider your debts, assets, and credit scores to determine if it’s better to apply jointly or separately.





Posted by Ron Ouellette on 9/13/2018

If you intend to buy a house in the foreseeable future, it pays to prepare. That way, you can enter the real estate market as an "extraordinary" homebuyer, i.e. someone who knows exactly what it takes to find a great house at an outstanding price.

Now, let's take a look at three tips to help any homebuyer go from ordinary to extraordinary.

1. Learn the Ins and Outs of the Housing Sector

The real estate market is complex, particularly for someone who is pursuing a house for the first time. Fortunately, plenty of housing market data is available that can help you gain the insights that you need to make an informed home purchase.

Take a look at homes that are currently available in your city or town. By doing so, you can better understand the prices of houses that match your expectations. Then, you can tailor your home search accordingly.

Furthermore, don't forget to assess the prices of recently sold residences in your area. This housing market data will help you determine whether you're about to enter a real estate market that favors buyers or sellers.

2. Get Your Finances in Order

Meet with banks and credit unions to learn about your mortgage options – you'll be glad you did. If you get pre-approved for a mortgage, you can begin your home search with a budget in hand, thereby reducing the temptation to spend too much on a house.

Lenders are happy to provide you with information about a broad range of mortgage options. Also, if you ever have mortgage questions, lenders employ friendly, professionally trained mortgage specialists who are ready to respond to your queries.

In addition, it usually is a good idea to evaluate your credit score prior to applying for a mortgage.

You can obtain a free annual copy of your credit report from each of the three credit reporting bureaus (Equifax, Experian and TransUnion). If you review your credit report closely, you can identify and resolve any potential credit problems and increase the likelihood that you can obtain a favorable mortgage.

3. Work with a Real Estate Agent

When it comes to becoming an extraordinary homebuyer, it is important to note that it can be difficult for even the most diligent homebuyer to succeed on his or her own. However, if you employ an expert real estate agent, you can streamline the process of acquiring your dream residence.

A real estate agent is committed to your homebuying success, and as such, will do everything possible to help you find the perfect residence.

Typically, a real estate agent will set up home showings, negotiate with a seller's agent on your behalf and provide honest, unbiased homebuying recommendations. This housing market professional will even help you alleviate homebuying stress and ensure that you can quickly go from homebuyer to homeowner.

Ready to embark on the homebuying journey? Use the aforementioned tips, and you can become an extraordinary homebuyer in no time at all.




Categories: Uncategorized  


Posted by Ron Ouellette on 9/6/2018

Moving groceries is not the most ideal of situations. You’re left worrying about spoilage, spillage and, let’s be honest, having another thing to move. Lighten your moving day load by planning ahead of time so that you have little to nothing left in your fridge and pantry to take with you.

To do this well it’s important to start at least a month before the move. Start by cleaning everything out - the pantry, your fridge and your freezer chest if you have one. Get rid of everything that is expired, stale or you just aren’t going to eat.

Take inventory of what’s left and categorize this list much like you would when creating your grocery list. So categories could be: meats/proteins, frozen vegetables, toaster/microwave items, desserts, dairy, fresh fruits and vegetables, grains, sauces, condiments, and snacks.

Next, it’s time to get creative and meal plan around these ingredients supplementing with items from the store occasionally as needed. The idea though is to do as little shopping and use up as much as you can with your meals for the month ahead. If you feel stumped on how to use what you have on hand utilize recipe websites that can pull recipes based on the ingredients you input into their system.  

Write down the meals you plan into your calendar or day planner. If you use an app for planning you can write down the recipe and set a reminder to it. Apps like Trello, Evernote and Asana are all free and perfect for this.

A few meal ideas:

Use ingredients to create items that are more stable, like baked goods, to take with you. Make homemade pizzas, soups, stews, salads, omelets and casseroles. The beauty of these types of dishes is the variety of ingredients you’re able to use in them. Be playful and make hybrid meals - spaghetti on pizza, taco omelets, a buffalo chicken rice bowl, french fries in a casserole (similar to hotdish, a Midwestern classic).

Hectic. Chaotic. Busy.

Moving week is many things, but there is one thing it is not - the time to cook elaborate or the creative dinners you’ve been eating throughout the month to use up items.

Plan this week well ahead of time, if not first, and make it all the easier by planning freezer meals you can just pull out and heat up.

Cooking items to keep out as you begin packing:

Salt and pepper

Cooking spray or oil

Spatula and a pan or two

A chef knife

A mixing bowl

Enough cutlery for everyone

Enough plates, cups, and bowls for everyone

Sponge and dish soap

By using up all your items as much as possible before the move you are creating the perfect opportunity to start over with your pantry. As you clean out items take note of what your tossing and steer clear of those when restocking or note to buy a smaller package to avoid future waste.




Tags: moving tips   moving day   moving  
Categories: Uncategorized  


Posted by Ron Ouellette on 8/30/2018

Regardless of whether you're buying or selling a home, it is important to keep your house looking great at all times. By doing so, you'll be able to boost your home's appearance and maintain or increase your house's value for years to come.

A professional cleaning service remains a popular choice for homeowners, as this service makes it easy for homeowners to enhance the quality and appearance of a residence. Finding the right home cleaning service, however, may seem like an uphill climb, particularly for homeowners who are searching for a professional cleaning service for the first time.

Lucky for you, we're here to take the guesswork out of finding the right home cleaning service – here are three tips to streamline the process of discovering the ideal professional cleaning service.

1. Ask Friends and Family Members for Help

Friends and family members serve as valuable resources, especially if you're searching for a home cleaning service. These loved ones may be able to offer recommendations based on their past professional cleaning service experiences, ensuring you can find a terrific home cleaning service in no time at all.

Ask friends and family members about their past home cleaning service experiences. This may allow you to find a trusted professional cleaning service, one that can help you transform your ordinary residence into a dazzling one.

2. Browse Customer Reviews

Professional cleaning services are readily available nationwide, so how can you differentiate a great home cleaning service from a mediocre one? Customer reviews, of course!

Yelp, Angie's List and other home service review websites can help you take the guesswork out of finding a professional cleaning service. These websites publish positive and negative home cleaning service reviews from customers, ensuring you can gain insights into various professional cleaning services that you may struggle to obtain elsewhere.

Spend some time browsing customer reviews online – you'll be glad you did! If you explore customer feedback from across the web, you can better understand what separates a wonderful professional cleaning service from a subpar one.

3. Get Support from a Real Estate Agent

Real estate agents offer expert tips and guidance to homebuyers and home sellers alike. As such, they understand the best home cleaning services in numerous cities and towns and are happy to help you discover the perfect professional cleaning service.

Furthermore, real estate agents may be able to help you find a home cleaning service that fits your schedule and budget. These agents understand that is paramount to employ a professional cleaning service that is available at dates, times and prices that work for you. Thus, real estate professionals will go above and beyond the call of duty to help you discover the right home cleaning service at any time.

A home cleaning service ensures you can eliminate dust, debris and odors from your residence. And if you dedicate the necessary time and resources to hire a professional cleaning service today, you can minimize such problems both now and in the future.




Categories: Uncategorized  


Posted by Ron Ouellette on 8/23/2018

A home showing enables a property buyer to get an up-close look at a residence. After a showing, a property buyer can determine whether a house matches his or her expectations. And if a property buyer likes a house, he or she may be ready to take the next step in the homebuying journey.

Ultimately, a showing is crucial for a property buyer. And if you fail to plan accordingly for a home showing, you risk missing out on the opportunity to identify your ideal residence. Lucky for you, we're here to help you get ready for a house showing and ensure you can use this opportunity to your advantage.

Let's take a look at three tips to help you prepare for a house showing.

1. Create a Checklist

You may have already learned about a home from a listing. However, there is only so much information available in a home listing. But if you craft a checklist prior to a house showing, you'll be better equipped than ever before to get the insights you need to determine if a home is right for you.

Include any questions you have about a home in your house showing checklist. Also, you may want to include areas of a home you want to review during a showing in your checklist.

2. Give Yourself Plenty of Time

There is no reason to rush through a home showing. Because if you fail to allocate the proper amount of time to conduct a showing, you may struggle to obtain the insights you need to make an informed decision about a house.

Clear your schedule for at least an hour before and after a showing – you'll be glad you did. This should give you sufficient time to arrive at a home and take an in-depth look at all areas of the property.

Of course, if you find that one home showing is insufficient, there is no need to stress. You can always schedule a follow-up showing to further review a residence.

3. Consult with a Real Estate Agent

A real estate agent can teach you everything you need to know about buying a house. Plus, he or she can help you get the most out of any home showing, at any time.

Typically, a real estate agent will attend a house showing with you. He or she can provide home insights as you walk around a residence and respond to your property buying concerns or questions. In addition, a real estate agent is happy to provide homebuying recommendations and suggestions. And if you're ready to submit an offer to purchase a home following a showing, a real estate agent can help you do just that.

As you get set to attend a home showing, you should prepare as much as you can. Thanks to the aforementioned tips, you can get ready for a home showing and use this opportunity to decide whether a particular residence will be able to serve you well for years to come.




Tags: Buying a home   showing  
Categories: Uncategorized