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Posted by New Age Real Estate on 3/27/2020

A smart home device may prove to be a time (and money) saver. However, not all smart house devices are ideal for all homeowners. If you select a smart home gadget that fails to accommodate your day-to-day needs, you risk wasting time and resources on a device that delivers little to no return on investment.

Ultimately, it helps to conduct an in-depth search for the right smart home devices based on your individual needs. With a comprehensive search, you can find one or more terrific smart house gadgets that suit you perfectly.

For those who are on the lookout for reliable and budget-friendly smart home devices, there are lots of things you can do to perform an extensive search for gadgets that will serve you well. Now, let's take a look at three tips to help you find the right smart house gadgets for your residence.

1. Assess Your House

Think about why you want a smart home device, as well as how you might use this gadget in your house. Then, you can determine how exactly a smart house device can help you streamline various day-to-day tasks.

For instance, if you strive to reduce your electricity bills, you may want to invest in smart light bulbs. This investment could deliver long-lasting cost savings, as smart light bulbs will allow you to simultaneously brighten up your residence and lower your electricity consumption.

On the other hand, if you want a new doorbell, now may be an ideal time to invest in a smart doorbell. With a smart doorbell at your disposal, you can use the video camera that allows you to see visitors as soon as they approach your home.

2. Start Small and Scale Accordingly

Although you may be tempted to buy multiple smart home devices at once, it often is a good idea to purchase one smart house gadget at a time. That way, you can avoid the risk of getting overwhelmed by myriad smart home devices at once.

Generally, it helps to perform research, find out if a smart home device is right for you and make your smart house gadget purchase. If your investment works out well, you then should consider additional smart home devices.

Of course, if you find a particular smart home device fails to match your expectations, there is no need to stress. Smart home technology is constantly evolving, and as such, new and improved smart house devices soon may be available to fulfill your needs.

3. Review Your Budget

Set a budget for your smart home device spending. Next, try to stick to this budget as closely as possible to ensure you don't spend beyond your means to purchase smart house gadgets.

Shop around for a smart home device, too. This will allow you to pick up a quality smart house gadget at a price that corresponds to your budget.

Clearly, there is a lot to consider relative to smart home devices. If you use the aforementioned tips, you may be better equipped than ever before to determine if a particular smart house gadget is right for you.




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Posted by New Age Real Estate on 3/20/2020

The home selling journey can be long and time-consuming, particularly for those who are listing a residence for the first time. Lucky for you, there are many quick, easy ways to avoid the danger of becoming a "typical" home seller, i.e. someone who lacks the skills and know-how to generate plenty of interest in his or her property.

Now, let's take a look at three tips that you can use to become an expert home seller.

1. Review the Current State of the Housing Market

The housing market often fluctuates. As such, a buyer's market today may quickly morph into a seller's market tomorrow.

Ultimately, an expert home seller will allocate the necessary time and resources to learn about the current state of the real estate market. He or she will be able to identify housing market patterns and trends and collect extensive real estate market data to map out the home selling journey accordingly.

To learn about the housing market, take a look at some of the houses that are currently available in your city or town. Evaluating available houses in your area will allow you to find out how your residence stacks up against the competition.

Also, assess the prices of recently sold residences in your region. This may help you differentiate between a buyer's market and a seller's market.

2. Analyze Your House's Interior and Exterior

For a home seller, it is paramount that his or her residence makes a positive first impression on potential homebuyers. And if you enhance your house's interior and exterior, you may be able to boost your chances of a quick, seamless home sale.

A property appraisal usually represents a great starting point for home sellers. This appraisal involves a full evaluation of your house by a property inspector. Then, you'll receive a report that outlines your home's strengths and weaknesses and will help you plan any home improvement projects.

Also, it is important to remember that there are many simple ways to upgrade your home's exterior and interior.

Home exterior improvements like mowing the front lawn and clearing dirt and debris from walkways can make a world of difference in the eyes of homebuyers.

Removing clutter from your home offers multiple benefits as well. De-cluttering allows you to free up space inside your residence as well as get rid of unwanted items.

3. Collaborate with a Real Estate Agent

There is no need to navigate the home selling process on your own. Fortunately, you can hire a real estate agent to help you remove the guesswork as you proceed along the home selling journey.

A real estate agent understands what it takes to promote your residence to large groups of potential property buyers. In fact, he or she will set up property showings and open houses, offer honest, unbiased home selling suggestions and respond to your home selling queries at any time.

Don't settle for an "average" home selling experience. Instead, use the aforementioned tips, and you can become an expert home seller in no time at all.




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Posted by New Age Real Estate on 3/13/2020

Photo by RTImages via Shutterstock

Buying raw land with the intent to build can be exciting, but there are many things to consider before you make the purchase final. Building requirements: From soil type, building setback requirements, electrical accessibility, well drilling, sewer placement and everything in between, learn what needs to be done and planned before beginning the project ahead.

Soil Type

The type of soil can have a huge impact on the cost of excavation. Sandy or rich soil will make for easy excavation; however, if your ground is Rocky, or bedrock is present, it will be more challenging and likely require heavier equipment to complete the task at hand. Setback: City, county and state setback means the structure you are building will need to be set back a certain distance from the property line. It's always best to check with the county and learn the requirements before you begin your excavation.

Electrical and Other Utilities

Check with your local power company to understand the means and requirements for connecting your electricity.

The power company will send an employee to look over your project and inform you of your best options for hooking up power. Will a new pole need to be set? (If so, will this pole obstruct a view you were looking forward to having?) Will electricity be brought to your land underground? Be sure to check with your power company at the beginning of your project to secure a spot on their calendar to keep your project moving in a timely fashion.

Well Drilling 

You will need to get ahold of a drilling company to discuss the location for drilling your well. Your well will need to be a certain distance from your sewer system and land setbacks. The well company will give you an estimate of how deep your well may be due to neighboring wells; however, they won’t be able to guarantee a certain depth. Well cost is based on how deep they need to drill to get the needed gallons-per-minute that will be suitable for your particular needs.

Sewer Perk Test

The ground type will determine what sewer system will be needed for your project. The sanitation department will dig a hole on your property and, after examining the soil (perk test), they will decide what system is suitable for your project. If your structure is residential in nature your system size will usually be determined by how many bedrooms you will have as well as the soil type.

Other Tips

If you visit your county office and inquire about your upcoming building project, they can give you guidance as to what you’ll need to be aware of and who to get in contact with as you begin your project. You’ll need a file or folder to keep all building-related paperwork together. Staying organized will be key as you proceed. Typically, the beginning of a project will be full of many delays, so take a deep breath, and do your best to enjoy the satisfaction of each task as you see it come to completion.




Tags: land   Building   Developing  
Categories: Uncategorized  


Posted by New Age Real Estate on 3/6/2020

If you own a city home but are ready to relocate, now may be a great time to list your residence. In fact, there are many reasons why an individual may choose to sell his or her city residence, and these include:

1. You want to downsize or upgrade.

Although your city house likely has served you well for many years, it may become too big or too small for you due to changes in your living situation. Fortunately, if you sell your city residence, you can downsize or upgrade as needed.

If you decide to list your city house, it helps to plan ahead as much as possible. Therefore, if you craft a property selling strategy, you can determine what steps you'll need to take to quickly sell your city home and maximize your house sale earnings.

2. You want to live closer to family members and friends.

Your city home probably provides convenient access to a wide array of attractions and landmarks. But in some instances, a city residence may be far away from family members and friends.

If you want to live closer to loved ones, there is no need to worry. By listing your city home, you can take the first step to relocate closer to family members and friends outside the city. And after you sell your city house, you may be able to reap the benefits of quick, easy access to loved ones.

3. You are tired of the hustle and bustle of the city.

Let's face it – the city is a busy place. A city home may have seemed like a fun, exciting place to live, at least at first. But if you've grown tired of the hustle and bustle of the city, you may want to sell your current residence and relocate to a new home in a small town.

If you know how to promote your city home to the right groups of potential buyers, you should have no trouble stirring up interest in your house. And if your city residence boasts amazing curb appeal and a stunning interior, you could boost the likelihood of a fast, profitable home selling experience.

As you get ready to list your city home, you may want to hire a real estate agent. With this housing market professional at your side, you can achieve the best-possible results throughout the home selling journey.

A real estate agent will allocate time and resources to learn about you and your city residence. Next, he or she will craft a personalized home selling strategy designed to help you achieve your property selling goals. And if you have any concerns or questions as you put your house selling plan into action, a real estate agent is happy to address them.

Take the guesswork out of selling your home in the city. Employ a real estate agent today, and you can receive comprehensive support as you list your city home and navigate the property selling journey.




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Posted by New Age Real Estate on 2/28/2020

Image by Tumisu from Pixabay

It's easy to think that investing in real estate is an incredibly expensive venture. You may think you need thousands if not tens of thousands saved before you can even think about it. But there are ways to jumpstart your portfolio even if you're renting one of the cheapest apartments in your neighborhood. Learn more about assumable mortgages and how you can use them to get ahead. 

Taking Charge 

An assumable mortgage is one that's allowed to be transferred to another person. So if a property owner no longer wants to pay their mortgage, they have the option to put the property in someone else's name. You'll still need to qualify for the loan, and you'll need to go through the lender to work it out properly. Informal assumptions are liable to be canceled immediately (with the lender demanding full repayment on the loan).

The Terms 

You cannot assume all types of mortgages. As a general rule, insured loans, such as USDA, FHA, and VA loans, are assumable while conventional loans are not. In an assumable mortgage, the terms of the loan stay the same. A buyer won't have to worry about the interest rate or deadline changing. So a 15-year mortgage taken out three years ago gives you 12 years to pay it off. 

Why Choose an Assumable Mortgage?

There are a few ways to get started in investing without saving for a large down payment, so it helps to understand the perks of each option before choosing one. The biggest advantage of an assumable mortgage is that you have the chance to lock in a property at a relatively low-interest rate. The closing costs are also more reasonable, given the strict limits on FHA, VA, and USDA fees for buyers.

Why Skip an Assumable Mortgage?

Assumable mortgages are not always recommended for buyers in rapidly exploding neighborhoods. This is because you're still paying the total value of the home at the time of sale. So let's say the property was originally sold for $100,000 two years ago and $20,000 has already been paid off, but the home is now worth $150,000. You'll still need to make up the difference in the home's value to complete the sale — which usually means taking out a second loan. 

Assumable mortgages can be a great way to get started in real estate, but they're not for everyone. If you're shopping around for one, consult a real estate agent or financial advisor who can answer the nitty-gritty questions about how the loan works and what you can expect. 




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