Jamie Dee Frontiero - Coldwell Banker Residential Brokerage



Posted by Jamie Dee Frontiero on 11/25/2018

A home inspection is a vital part of every real estate transaction. Its importance is usually solidified in a purchase contract in the form of a contingency clause.

Whenever you buy or sell a home, the transaction is typically contingent upon a few things being fulfilled. Inspections help protect the buyer from purchasing a home that they believed didnít have any major issues.

For buyers, an inspection can save you thousands in the long run. For sellers, getting a preemptive inspection done (on your own dime) can be useful since it will help you avoid any surprises that could arise when a potential buyer has your home inspected.

Hiring a home inspector

Regardless of whether youíre the buyer or the seller in this instance, hiring a home inspector isnít something you should take lightly. Youíll want to confer with your agent before you pick an inspector.

Itís also a good idea to check out some online reviews and visit the inspectorís website for pricing. Typically, inspectors charge between $200 and $400 for an inspection, so feel free to shop around.

Inspectors are certified, so make sure whoever you choose has the proper licensure. You can search for inspectors in your area with this search function.

Ultimately, youíll want to choose an inspector that can give you the most unbiased assessment of the home, so that you can be assured that you know what youíre getting into when you buy or sell a home.

Preparing for an inspection

Many buyers arenít sure what to expect on inspection day. However, the process is relatively simple.

Youíll want to make sure the inspector can easily access workspaces (like around the furnace, circuit breakers, etc.). This will make the inspectorís job easier and allow them to focus on the service theyíre providing you.

If possible, itís also a good idea to provide them with records of important home maintenance and repairs. Inspectors know what red flags to look for with the home, both physically and on paper.

Finally, make sure pets, kids, and any other distractions are away from home or with someone who can attend to them.

Post inspection

After the inspection is complete, the inspector will hand you a report and be able to answer any questions you have about their findings. They will give recommendations about the timeline for repairs that need to be made soon or even years into the future.

With this report in hand, you can determine if there are repairs you want to negotiate with the seller if youíre buying a home. As a seller, this report will tip you off to issues that potential buyers will likely have and give you a chance to address them in advance.




Categories: Uncategorized  


Posted by Jamie Dee Frontiero on 11/18/2018

Whether youíre a first-time homebuyer or youíre upgrading to a larger house to fit your familyís needs, itís vital to understand just how much house you can afford before you start shopping for homes.

When planning for your future home, there are two main things you need to figure out.

  • What is a smart amount to spend on a home for your budget

  • What are the key features in a home that will give you the most benefits for the cost

These two questions may seem simple, but there are quite a few factors that should go into determining each one.

So, in todayís post, Iím going to walk you through the process of determining what kind of house you can afford so you can make the best home buying decision for you and your family.

A smart home buying budget

To create an effective budget, youíll need to gather some information and possibly create a spreadsheet with Excel (or a free alternative like Google Sheets).

On your spreadsheet, youíll first want to add up all sources of income that your family has. This is the easy part for most people who only have one or two sources of income based on a salaried job.

Next, is the hard part--expenses. We canít just use your current expenses to determine the new budget because we have to account for changes in several areas.

If you arenít sure of the cost of living for the area you hope to move to, try plugging it into this cost of living comparison tool to see get a better idea of the cost of things like transportation, childcare, groceries, and more.

Likewise, itís also a good idea to assume youíll be paying more in utilities if youíre hoping to move into a home that is larger than your current home. Keep in mind, however, that different houses have different levels of energy-efficiency, so itís a good idea to also ask the seller of the homes youíre interested in to determine what your costs might be.

Now, subtract your expenses from your income. The amount remaining should easily cover whatever mortgage payment you receive along with, ideally, 20% of your income going toward savings.

Deciding what you need in a home

The second part of determining how much house you can afford is to find out exactly what youíre looking for in a home. The number of bedrooms, bathrooms, location, the size of the backyard; all of these are questions that have a monetary value.

So, to really answer this question youíll need a strong understanding of what you and your familyís goals are for at least the next 5-7 years, if not longer.

Once you have your long-term goals and a good understanding of your budget, you can start safely shopping for homes with a clearer idea of the type of home youíre looking for and just how much home you can afford.




Categories: Uncategorized  


Posted by Jamie Dee Frontiero on 9/23/2018

The homebuying journey is exciting, particularly for an individual who is pursuing a residence for the first time. Ultimately, there are many questions that a buyer should consider before he or she searches for a house for the first time, and these include:

1. What is my "dream" home?

Perhaps the most enjoyable part of the homebuying journey involves defining your dream residence. Because once you define your dream residence, you'll be able to narrow your house search and move closer to purchasing your first home.

Think about what you absolutely require in a new home. For example, if you want to own a house in a region where the weather is hot and humid year-round, you may require a central air conditioning system. Or, if you want to enjoy a fast, easy commute to work, you may want to pursue residences close to your office.

2. How much can I afford to spend on a house?

Getting pre-approved for a mortgage is essential. Because if you have a mortgage in hand when you begin your house search, you may be able to gain a competitive advantage over rival homebuyers.

To obtain a mortgage, you should meet with a variety of banks and credit unions. These financial institutions can teach you everything you need to know about fixed- and adjustable-rate mortgages.

In addition, don't hesitate to get expert insights into assorted mortgage options. The longer you wait to get pre-approved for a mortgage, the longer you may need to wait to kick off your home search. Thus, you risk missing out on a potential dream house if you fail to get your home financing in order.

3. Do I need to hire a real estate agent?

Hiring a real estate agent is a must, especially if you plan to embark on the homebuying journey for the first time. In fact, a real estate agent can help you quickly and effortlessly navigate the housing market and discover your ideal residence in no time at all.

Typically, a real estate agent will offer comprehensive assistance at each stage of the homebuying journey. He or she first will meet with you, learn about your homebuying goals and help you craft a homebuying strategy. A real estate agent then will keep you up to date about houses that match your criteria and set up home showings. And when you find a home that you want to buy, a real estate agent will help you submit a competitive offer and negotiate with a seller's agent on your behalf.

Let's not forget about the advice that a real estate agent will provide, either. A real estate agent is unafraid to be honest with you and will provide feedback throughout the homebuying journey. Also, if you ever have homebuying concerns or questions, a real estate agent is ready to respond to them.

Take the guesswork out of finding and acquiring your first house Ė employ a real estate agent, and you can receive plenty of support as you move along the homebuying journey.




Categories: Uncategorized  


Posted by Jamie Dee Frontiero on 9/16/2018

The homebuying journey should be fast and seamless, but problems may arise that prevent you from accomplishing your desired goals. For example, if a buyer with a poor credit score fails to get financing before submitting an offer to purchase a house, this individual may struggle to acquire his or her dream residence. Or, if a buyer fails to evaluate various housing market data, he or she may miss out on opportunities to purchase the right house at an affordable price.

There is no need to worry about homebuying crises. Lucky for you, we're here to guide you along the homebuying journey and ensure you can mitigate problems that otherwise may make it difficult for you to buy your dream house.

Avoid homebuying crises Ė here are three tips to help you minimize the risk of encountering problems during the homebuying journey.

1. Learn About the Local Housing Market

The housing market is complex, regardless of whether you are pursuing residences in small towns or big cities. Fortunately, plenty of housing market data is available to help you understand real estate patterns and trends. This information can help you map out your homebuying journey based on the current housing market's conditions.

Typically, it helps to look at the prices of recently sold houses in your preferred cities and towns. This information highlights whether house sellers are receiving offers at or above their initial asking prices and may help you differentiate a buyer's market from a seller's one.

You also should examine the prices of available houses that match your homebuying criteria. That way, you can hone your home search and accelerate the homebuying journey.

2. Get Pre-Approved for a Mortgage

Believe it or not, it usually does not take long for a homebuyer to get pre-approved for a mortgage. In fact, banks and credit unions can quickly teach you about different home financing options and ensure you can make an informed mortgage decision.

If you receive pre-approval for a mortgage, you can enter the housing market with a budget. Then, when you discover your dream house, you can submit an offer to purchase with home financing in hand.

3. Work with a Real Estate Agent

A real estate agent is a must-hire, especially if you want to limit the risk of potential crises during the homebuying journey. With a real estate agent at your side, you can identify homebuying problems and resolve these issues before they escalate.

Generally, a real estate agent will support you at each stage of the homebuying journey. He or she first will learn about you and your homebuying goals. Then, a real estate agent will create a personalized homebuying strategy to help you accomplish the optimal results. And if you have concerns or questions during the homebuying journey, a real estate agent is happy to respond to them.

Prevent homebuying crises Ė use the aforementioned tips, and you can increase the likelihood of a successful homebuying experience.




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Posted by Jamie Dee Frontiero on 7/29/2018

When your family is searching for a home, itís an exciting time for the adults, but if there are children involved, it can be a difficult task. Children donít have to be left in the dark during a home search. Children of all ages can be involved in the process of finding a home. Read on for tips on how to make your kids feel a part of the home search process. 


Young Children


Preschool-aged children might seem not to be aware of the fact that your family is searching for a home, but they can still very much be a part of the process. One thing to remember about young children is that you shouldnít give them too many options. Once you have narrowed down the homes to a few and the time to buy a home is close, itís a good time to tell your toddler about the fact that youíre moving. While you probably donít want to take your kids along with you on all of your home viewings, you can bring the children with you. Even the opinions of the tiniest among us can help contribute to a final decision. 


School-Aged Children


Older children may be more challenging to deal with during a move. These kids are more aware of the changes to come and maybe more reluctant of the entire process. Itís best to include children this age (around 6-9 years old) in conversions about your plans. Where do you hope to move? What neighborhood will the home be? Show them pictures of potential new homes. Allowing kids this age to share their thoughts on location and the types of houses youíre looking at can help to ease fears and anxieties. Remind your kids that the final choice is up to the adults but that you appreciate and welcome their input. 


Older Children And Teenagers 


Pre-teens and teenagers can play a part in the house search. Make sure that they understand that thereís no pressure on them to pick a house but their input is essential to you. Teens are tweens should be encouraged to come along on house tours to help give an opinion on the properties in person. 


The older the kids that are involved, the more you should value and welcome your input.  Make sure that you reassure your teens, letting them know that they can continue their favorite activities. Do a little research on the new community first, or allow your kids to do a bit of research themselves.                     





Tags: Buying a home   children  
Categories: Uncategorized