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Posted by New Age Real Estate on 2/8/2019

If you’re thinking about downsizing but haven’t made the move yet, now is the right time to hammer out a list of community requirements that best fit you and your pet’s needs. Many modern condo and townhome communities work to make a whole neighborhood within their properties. Look for places with lots of green areas, trees, barbecue and picnic setups, benches, etc. Make sure there are comfortable places for you to hang out outside with your dog. Check out the dog run or dog park at your new condominium, is it big enough for your dog? Is the area well kept? Do other dog owners seem to be responsible and help maintain the space? Find a community with lots of walking paths for more entertaining walks with your pup or look for a new home near a public park or greenbelt that gives you easy access to more dog-friendly activities. Your dog might miss the free range they had at your more substantial property, but they can significantly benefit from more interaction with new people and new puppy friends as well. Before you start your home search, work with your real estate agent to develop a checklist that includes your dog. 

Walks, Walks and More Walks.

Employing new independent play options won’t be enough on its own to help your dog be happy in your new home. Especially if you are transitioning an outdoor dog to an entirely indoor lifestyle, you'll need to set aside time in your new schedule to get them outside. One walk a day might not be enough any longer. Take your dog for an extended walk, not just to go to the bathroom, before and after work. Whenever you have a more extended period take them on a good long walk, go to the nearby park to get your pet the exercise and stimulation they need. Play ball and lots of running games to help them derive the most out of their time in larger outdoor spaces. Let them sniff around a bunch and play with other dogs at the park to help stimulate them fully.

Time with you and out of the house. 

An easy way to add stimulation to your dog's life is to just spend more time with them outside the house, whatever you're doing. If you don't have another walk in you for the day or enough time to go to the park try just hanging out with them outside somewhere on your community’s property. Let them observe and sniff around while you read a book or take your laptop outside to keep working at a picnic table and take the dog out with you. Take your dog on outings for them, but also with you when you run quick errands. Load them up when you go to get gas, run to the post office and the hardware store. Feeling like they've had different activities throughout the day can significantly help stimulate your pet and give them a satisfying life experience.

Your local real estate agent is here to help make your life better by finding you the right home and community. Work with your advisors to make your next lifestyle transition a great one.




Categories: Uncategorized  


Posted by New Age Real Estate on 2/1/2019

For first-time home sellers, promoting a residence to the right groups of homebuyers may prove to be a major challenge. Lucky for you, we're here to help first-time home sellers streamline the process of showcasing a house to prospective buyers and accelerating the property selling journey.

What does it take to promote a house effectively? Here are three tips to help first-time home sellers do just that.

1. Understand Your Home's Strengths and Weaknesses

A first-time home seller should evaluate a house's interior and exterior closely. By doing so, this property seller can identify any potential problem areas and work to address such issues accordingly.

Typically, a home appraisal offers a great starting point for home sellers. This appraisal ensures a property inspector can assess a house both inside and out and offer expert insights into a residence's strengths and weaknesses.

After a home appraisal is completed, a home seller can use the appraisal report findings to prioritize assorted home improvements. That way, a home seller can commit the necessary time and resources to transform various home weaknesses into strengths.

2. Improve Your House's Curb Appeal

It is paramount for a first-time home seller to consider the homebuyer's perspective. In fact, doing so may make it easy for a home seller to uncover ways to bolster a residence's curb appeal.

Consider what homebuyers will see when they view a house for the first time. This will enable a home seller to identify potential issues and work to resolve such problems without delay.

For example, a home with long, uncut grass or chipped paint on the exterior may be an eye sore. As a result, homebuyers might shy away from this residence after they see it for the first time.

On the other hand, a house with a pristine front lawn and a dazzling exterior may make a great first impression on homebuyers. This means a homebuyer probably will view this house in a positive light – something that may lead a property buyer to submit an offer.

3. Collaborate with a Real Estate Agent

When it comes to promoting a house, there may be no better option than hiring a real estate agent. Together, a real estate agent and a first-time home seller should have no trouble promoting a residence to the right homebuyers, at the right time, every time.

A real estate agent will teach a home seller about the housing market and help him or her plan ahead for any potential home selling pitfalls. Plus, this housing market professional will provide honest, unbiased home selling recommendations to ensure a home seller can maximize the value of his or her residence.

Perhaps best of all, a real estate agent will assist a home seller in any way possible. And if a home seller ever has housing market questions, a real estate agent will respond to these queries immediately.

Take the guesswork out of promoting your residence to homebuyers – use these tips, and a first-time home seller can stir up interest in his or her residence as soon as it becomes available.




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Posted by New Age Real Estate on 1/25/2019

Personal financial in your twenties comes with a steep learning curve. One minute you’re studying for your finals and the next you’re expected to suddenly know about APR financing, 401(K)s, and fixed-rate mortgages.

If you’re in your twenties and are facing these new challenges, you’re probably equal parts terrified and excited for the future. And, although it can be anxiety-inducing to step into the world of personal finance, you have one tool to your advantage that your parents and grandparents didn’t have: the internet.

So, in this article, we’re going to give you some tips about buying a home and managing your finances in your twenties.

Have an emergency fund

You probably have a lot of things you want to save for. Down payments on mortgages and auto loans, saving money for traveling, beginning your retirement funds, and maybe even starting a family; they’re all important investments that will take time and financial planning to achieve.

However, one thing that many young people neglect when they first start saving is an emergency fund. There are any number of things that can throw a wrench in your plans in your twenties. You might lose a job and have to live off of savings while hunting for a new one. Maybe something goes wrong with your car and it costs hundreds to repair. Or, you could have unforeseen medical expenses that aren’t covered by your insurance. Regardless of the reason, having an emergency fund will help you stay out of unnecessary debt.

It’s recommended to have at least 6 months of living expenses saved in your emergency fund. Once you have this amount saved, it’s a good idea to keep it in a separate account to avoid spending it on things that aren’t exactly an emergency.

Don’t live above your means

We all know that buying a house, going to college, and even buying groceries are all exponentially more expensive than they used to be. However, it’s still important to try to adjust your lifestyle to the things you can afford.

This includes the vehicle you drive, the first home you buy, and even smaller purchases you make.

Avoiding lifestyle creep

Related to our last point about living above your means, lifestyle creep is the phenomenon that occurs when you get a raise or a higher paying job: the more we make, the more we spend. However, it’s possible to avoid this trend by keeping your finances in check.

The next time you get a raise, make sure that money is put to use in either your retirement fund or savings account. This method is based on the goal of “giving every dollar a job.” When every dollar you earn has a purpose, you’re less likely to spend it on new video game consoles every six months.





Posted by New Age Real Estate on 1/18/2019

Okay, so you’ve been watching all those home shows and think you want to invest in a second property, but that whole flipping business seems like more trouble than you want to handle. First, you have to budget correctly for the remodel, then it absolutely has to sell, and quickly, otherwise, it stops being a good investment. There is an alternative: keep it as a second property and lease it out for additional income. 

Depending on what kind of rental you want to own, you will want to look at different properties and price ranges. Your real estate agent can help you choose what’s best in your neighborhood.

Standard or Long-Term Rental

For best results, you want your rental home to land smack in the middle of the neighborhood's price bracket. That means calculating your mortgage, taxes and all other included expenses and making sure you can make an income while keeping the rent reasonable. Middle-of-the-road rental prices will get you the best tenants. They will fit into the neighborhood and are more likely to be comfortable there, which means you can probably keep them longer. Each time you turn over the property between tenants, you not only lose the income for that time but incur the extra costs of preparing the property for the new renter. The longer you keep individual tenants, the more profit you make.

Vacation or Short-Term Rentals

Vacation rentals differ from standard rental properties in several ways, but the most common differences are (a) the nightly rate, (b) how often you have tenants, and (c) the range of turnover requirements and costs. Vacation rentals—growing in popularity for a while now—might be your chance to cash in on the craze. Guests prefer them because they can usually get more space for a lower cost than a hotel, fit more people together in a single area and prep their own meals. This makes them particularly popular with families and groups with children.

You'll need to keep your vacation rental furnished and cleaned which increases the costs initially, but if you can keep guests scheduled regularly, the profit margin can be substantial. You can vary your rates depending on the length of stay, catering to stays a short few days or up to three to four months and anything in between. Make sure to check with your local municipality for regulations on short-term rentals in your area.

Don't forget that you can use it yourselves as well, just be careful not to leave too many personal effects there, it can break the ambiance for your guests.

New Property, New Job

The most significant difference between keeping your investment property and flipping it is that you get a second job: Landlord. This is not a position for everyone. First, if you've ever been a renter, you know how difficult it can be if your landlord is in a different city or even a different state. If your property is out of town, investigate getting a property manager. If your property is local, you may want to handle it yourself, but if it takes too much time or causes more stress than it alleviates, you may wish to hire a property manager as well. A good manager will handle interviewing and advising renters, running credit approvals, collecting payments, some landscaping and maintenance, and turning over the home between tenants. Make sure you include this cost when you calculate your necessary rental expenses.

So, ready to invest? Your real estate professional should be your first call! Put their local knowledge to use in finding the best properties for rental investments.





Posted by New Age Real Estate on 1/11/2019

Although you might have a home selling timeline in place, there may be instances where changes to your plan are required. These include:

1. You are listing your home in a buyer's market.

If you add your house to a buyer's market, you likely will face lots of competition from rival home sellers. As such, it may be difficult to enjoy a fast, profitable home selling experience if you fail to promote your residence accordingly.

To succeed in a buyer's market, you'll need to be patient. But if you can find ways to differentiate your house from the competition, you could maximize your home sale earnings.

Oftentimes, it helps to revamp a house's curb appeal. By mowing the front lawn and performing various home exterior improvements, you can help your house make a positive first impression on potential buyers.

You also should spend some time removing clutter from inside your house. That way, you can make it easy for buyers to envision what life may be like if they purchase your home.

2. You are struggling to stir up interest in your house.

After you add your house to the real estate market, it may be several weeks or months before a buyer submits an offer to purchase your residence. And if you're committed to optimizing the value of your house, it is important to wait for the right offer before you finalize your house sale.

If your home initially fails to stir up interest among buyers, there is no need to worry. In fact, there are many things that you can do to ensure your house hits the mark with buyers.

Generally, it is a good idea to establish an aggressive initial home asking price. This price should account for your house's condition, age and the current state of the real estate market.

It typically is beneficial to consider the homebuyer's perspective as well. Because if you understand why a buyer may be interested in your house, you could discover ways to help you house stand out in a competitive real estate market.

3. You have yet to hire a real estate agent.

Finding a real estate agent who can help you sell your house is key. Yet if you fail to employ an expert real estate agent right away, it may be difficult to enjoy a quick, seamless home selling experience.

Real estate agents are available in cities and towns nationwide, and these housing market professionals are happy to assist you in any way possible. If you need a real estate agent who can help you list your house and promote it to dozens of potential buyers, you should have no trouble finding an agent who matches or surpasses your expectations. Or, if you want to find a real estate agent who can offer tips throughout the home selling journey, you can choose from many potential candidates in your area.

Remember, be flexible as you proceed along the home selling journey, and you can increase the likelihood of achieving the best-possible results.




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