Maria Acuna Real Estate



Posted by Maria Acuna Real Estate on 2/13/2020

For those who want to enjoy a quick, seamless homebuying experience, it helps to prepare as much as possible. In fact, those who plan ahead may be better equipped than others to avoid various challenges throughout the homebuying cycle.

From struggling to obtain home financing after a seller accepts your offer to purchase to struggling to find the right home in one of your preferred cities and towns, myriad issues may make it tough for you to achieve your desired results on the homebuying journey. Fortunately, we're here to help you minimize risk as you pursue your dream residence.

Now, let's take a look at three tips to help you avoid a homebuying fiasco.

1. Establish Homebuying Criteria

If you enter the housing market with criteria in hand, you can narrow your house search. As a result, you may be able to accelerate your journey from homebuyer to homeowner.

Think about where you want to live. Then, you can hone your home search and focus exclusively on houses in specific cities and towns.

It also may be beneficial to establish a list of home must-haves and wants. This list can help you determine exactly what you want to find in your dream house so you can map out your home search accordingly.

2. Get Pre-Approved for a Mortgage

There is no need to wait to get a mortgage. Thankfully, lenders are available that can help you get approved for a mortgage before you kick off your home search.

Meet with a variety of banks and credit unions – you'll be glad you did. This will allow you to learn about the ins and outs of different mortgage options.

Furthermore, don't hesitate to ask questions about all of the mortgage options at your disposal. Because if you understand exactly how a mortgage works, you can make an informed mortgage decision.

3. Collaborate with a Real Estate Agent

When it comes to avoiding problems during the homebuying journey, it generally is a good idea to hire a real estate agent. This housing market professional will offer comprehensive support at each stage of the homebuying journey. By doing so, a real estate agent will ensure you can quickly and effortlessly navigate the housing market.

For example, if you want to find a house in a small town, a real estate agent will help you explore residences that match your expectations. He or she will set up home showings and keep you informed about open house events. Plus, if you identify your dream house, a real estate agent will help you submit a competitive offer to purchase.

Let's not forget about the housing market expertise that a real estate agent possesses, either. If you ever have concerns or questions as you pursue your dream house, a real estate agent is happy to address them at any time.

Want to discover your dream residence? Use the aforementioned tips, and you can reduce the risk of encountering problems as you search for your ideal residence.




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Posted by Maria Acuna Real Estate on 2/6/2020

"Motivation" could be defined as a positive energy that is applied to the achievement of a desired goal.

You may be wondering whether you, as a home seller, need to be motivated. The short answer is: "Yes! Your attitude and energy level can potentially make a huge difference in the sale of your home!"

In rare instances, the right buyer may show up at just the right time, without much effort on your part. However, when it comes to getting the best price for your house and selling it within the shortest period of time, you don't want to leave things to chance! The stakes are too high and the window of opportunity is too brief to depend on luck. Although there are several variables that are beyond your control -- such as market conditions, location, and time of year -- there are plenty of things you can do to increase the probability of a fast sale.

Choose a proactive real estate agent: The encouraging news is that there are many full-time real estate agents who are personable, focused, and results oriented. They know their business and they recognize the value of positive client relationships. However, all real estate agents are not created equal. Unless you're hiring a real estate agent based on a rock-solid recommendation from a trusted friend or relative, it's always best to interview at least two agents before making your final decision.

The real estate agent you ultimately work with will have a direct impact on many aspects of your home-selling experience, so it pays to choose carefully. Although a good rapport does go a long way toward a successful working relationship with an agent, it's vital to find one who's experienced, knowledgeable, and successful. Success is important because if they don't have a proven record of selling houses in your area -- especially ones in your price range -- then how can you be sure they'll market your home effectively?

Always put your best foot forward: One crucial thing house sellers do have control over is making a good impression. You rarely get a second chance to make a great first impression, so it's well worth your while to prioritize things like curb appeal, cleanliness, and home staging.

If there's anything about the appearance or functionality of your home that concerns you, you can be sure prospective buyers are also going to notice it. An experienced real estate agent will have a good sense of effective home staging, what might put off buyers, and how you can cost-effectively remedy problems.

Half the battle usually involves thoroughly cleaning your house, applying a fresh coat of neutral-colored paint where needed, and getting rid of clutter in and around all surfaces, including floors, countertops, walls, and storage areas. Although every situation is different, when it comes to furniture arrangement and room décor, "less is (usually) more!"





Posted by Maria Acuna Real Estate on 1/30/2020

For many people, nothing beats condo living. As such, the demand for condos continues to grow, and many property buyers are relocating to condos across the nation.

Before you buy a condo, however, it is important to remember that condo living is different from living in a traditional house. Therefore, property buyers who plan accordingly can set realistic expectations for condo living.

How can a property buyer find out what it's like to live in a condo community? Here are three tips to help you prepare for condo living.

1. Learn About Condo Communities in Your Area

Condo communities come in all shapes and sizes, and you should take a close look at the condo communities in your city or town to find out what they're all about.

Even a quick drive through a condo community may prove to be exceedingly valuable. This will enable you to see the size and style of assorted condos, along with the distance between the properties themselves.

After you view a few condo communities, consider what you'd like to find in your ideal residence. This will enable you to compare and contrast your home must-haves versus what condos offer and map out your property search accordingly.

2. Meet with Current and Past Condo Owners

Do any family members or friends who currently live in a condo community? If so, schedule a meet-up with them so they can share their thoughts and views on condo living with you.

Nothing beats firsthand knowledge about condo communities. By meeting with current or past condo residents, you can better understand the pros and cons of condo living.

Be sure to come up with a list of questions before you meet with current or past condo residents as well. Remember, the more you prepare, the better off you'll be as you determine whether condo living is right for you.

3. Collaborate with a Real Estate Agent

A real estate agent has a simple goal: to help you find a residence that you'll be able to enjoy both now and in the future. As a result, this housing market professional can set up condo showings for you, allowing you to find out what it's like to live in a condo community.

In addition, a real estate agent can provide extensive details about what to expect if you decide to purchase a condo. This real estate professional can provide a copy of a condo community's homeowners' association (HOA) rules, inform you about any HOA fees and offer details about community pools and tennis courts that may be available to condo residents.

Perhaps best of all, a real estate agent is happy to offer honest, unbiased condo buying recommendations. He or she can provide you with plenty of information about a broad assortment of condos to help you make an informed purchase decision.

When it comes to browsing condos, don't leave anything to chance. Instead, collaborate with a real estate agent, and you can explore a variety of condos any time you choose.




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Posted by Maria Acuna Real Estate on 1/23/2020

Ready to sell your condo? As a first-time condo seller, it sometimes can be tough to streamline the process of finding interested property buyers and getting the best price for your residence.

Fortunately, we're here to help you simplify the process of selling your condo.

Here are three tips that every first-time condo seller needs to know.

1. Check Out the Prices of Comparable Condos

When you price your condo, it is important to set realistic expectations from the get-go. And if you ask too much for your property, it may linger on the real estate market for an extended period of time.

On the other hand, an informed condo seller will have real estate market data that he or she can use to gain an advantage over the competition.

How does your condo stack up against similar properties? Perform an in-depth assessment of the competition, and you'll be able to price your condo accordingly.

Check out the prices of recently sold and currently available condos. By doing so, you can better understand how to price your condo competitively.

Also, spend some time performing assorted condo interior and exterior repairs before you add your property to the real estate market. This will allow you to boost your condo's appearance both inside and out and make your property an appealing choice to condo buyers.

2. Conduct a Property Appraisal

Hire a property appraiser to inspect your condo. That way, you can receive expert insights into your condo's strengths and weaknesses.

During a condo evaluation, a property appraiser will review all aspects of a property. He or she then will provide you with an in-depth report that you can use to understand potential problem areas with your condo.

A property appraisal is a valuable learning opportunity, and you should try to make the most of it.

Choose a property appraiser with condo experience. This professional will be able to take a close look at your condo and help you prioritize potential repairs.

In addition, review a property appraiser's findings closely. This information will help you determine the best ways to enhance your condo and ensure it can stand out from the competition.

3. Work with a Real Estate Agent

When it comes to selling your condo, it is always a good idea to work with a real estate agent.

Hiring a real estate agent with condo experience is a must, particularly for a first-time condo seller. This real estate professional will teach you about the ins and outs of the housing market and help you promote your condo to the right groups of property buyers.

A real estate agent will set up condo showings and open houses and negotiate with condo buyers on your behalf. Plus, he or she will offer honest, unbiased condo selling recommendations to help you get the best price for your property.

Don't leave anything to chance as you get ready to sell your condo. Take advantage of the aforementioned tips, and you can accelerate the process of selling your condo.




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Posted by Maria Acuna Real Estate on 1/16/2020

If you’re planning on buying a home in the near future and are confused about many of the terms associated with mortgages, you’re not alone. Real estate is its own industry with its own set of processes, terms, and acronyms. If you’re new to the home buying process, there can be somewhat of a learning curve to understand what each of these terms means.

Since buying a home is such a huge investment and life decision, there’s a lot of pressure on home buyers to make sure they get everything right. This makes for a stressful situation for buyers who don’t feel like they understand the terminology of things like mortgages, appraisals, credit reports, and other factors that contribute to the home buying process.

To alleviate some of those concerns and to make the home buying process run more smoothly, we’ve compiled a list of the most common, and most commonly confused, real estate words, terms, and acronyms. That way, when you’re talking things over with your real estate agent or your mortgage lender, you’ll be confident that you understand exactly what’s being considered.


Read on for our real estate terminology glossary.

  • Adjustable rate mortgage (ARM) - This is one type of home loan. Mortgage rates with this type of loan fluctuate throughout the repayment term of the loan. The fluctuation is based on a market indicator.

  • Fixed rate mortgage (FRM) - Another type of home loan, a fixed rate mortgage has a rate which does not fluctuate, remaining constant for the life of the term, most commonly 15 or 30 years.

  • Appraisal - An appraisal is the determination of the value of a property. Appraisals are used when purchasing and selling a home, as well as when refinancing a home loan. Appraisers are required to be licensed or certified in each state and are usually paid for by the lender.

  • Appreciation - An increase in a property’s value, most commonly due to market inflation, or the general increase in home prices over time.

  • Depreciation - A decrease in a property’s value, due to either market deflation (uncommon) or the wear and tear on a home that comes with age.

  • Closing costs - The costs and fees that a buyer is responsible for when purchasing a home or taking out a mortgage. These include underwriting fees, inspections, appraisals, transfer taxes, and more. Closing costs typically range from 2% to 5% of the total loan amount.

  • Contingency - Home purchases have contracts to protect the interest of the buyer, seller, and lender. Contingencies are provisions designed to protect the buyer or lender should something occur in the time leading up to closing on (or purchasing) the home. One common contingency is the buyer’s right to have a final inspection of the home before closing to ensure no new issues with the home have occurred.

  • Private mortgage insurance (PMI) - Buyers who cannot afford a down payment of %20 typically are required to take out a private mortgage insurance policy. This policy protects the lender should the borrower default (fail to repay or meet the conditions of their loan).






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