David Tellier - Cameron Real Estate Group



Posted by David Tellier on 7/19/2018

Are you planning on buying a home by a certain date? Itís unfortunate that life canít go as we plan it all the time! With a bit of planning finding the right home at the right time is possible. Many times, families are looking to buy a home before the end of the summer. This allows them to get settled in and get the kids started in a new school before the start of the year in September. Just because there are more popular times throughout the year to move doesnít mean that the inventory of homes changes much as to whatís on the market. Whatever the reason for the short supply of homes, youíll need to be informed and creative in order to land a house in a high demand market when itís crunch time. Below, youíll find some tips to help you on your search.


Research Your Location Ahead Of Time 


Every housing market has a bit of a down time. You want to pinpoint that period. Does your location have a time of year where people flee the area for vacations? The holiday season can also be a great time to look. There may still be low supply, but there also will be less competition. Do a bit of research in order to find pricing trends. When the prices dip, youíll know thatís a time where competition for homes is lower.


Always Have Your Finances In Order


When youíre buying a home, no matter what time of year it is, you need to have your lender on call. Make sure that you have been preapproved and that your downpayment money is at your disposal. Sellers like serious buyers who are ready to pass paperwork.  


Know What Youíre Willing To Compromise On


When youíre buying a home on a timeline, you may not have the luxury of searching around endlessly to meet your wishlist. You should have a few musts, but there may be many things that youíll need to work with or compromise on in finding the right property. You may be able to find a home in the right neighborhood, but it might not have the granite countertops that youíre looking for. When time is of the essence, your home search priorities need to be set straight.  


Donít Look For Bargains


When youíre in a time crunch to land a home, you donít want to fool around with price. In order to land a home that you love, you might have to offer a bit more than the asking price. Thereís no space for a bidding war, a low offer, or an extended search when you need to buy a home fast.          

  




Tags: Buying a Home  
Categories: Uncategorized  


Posted by David Tellier on 7/12/2018

If you ride through the suburbs of America, youíll likely notice that the houses just seem to get bigger and bigger. Like our taste for large trucks and SUVs, Americans tend towards the idea that bigger is better.

On the opposite end of the spectrum are people who feel quite the opposite. From this minimalist mindset has emerged the ďtiny house.Ē What exactly is a tiny house?

There is no exact definition. However, most tiny houses are built on wheels--to adhere to local building code--and typically donít exceed 500 square feet in size.

You might be thinking thatís a bit extreme. And you wouldnít be alone--Americans have taken advantage of small homes in the form of modular homes, and cottage-style houses for decades.

With the cost of heating and powering a home rising year after year, itís beginning to make sense to downsize.

So, in this article weíll talk about what it means to live in a smaller home to help you decide whether itís a good choice for you.

Barriers to building small houses

If itís your dream to someday build a small house on a hilltop in your hometown, you might have to face-off with the local zoning committee first. Some of the biggest barriers to building smaller houses are local regulations involving minimum house sizes.

This isnít a new problem, with towns struggling with the idea of minimum square footage as far back as the 1970s. In spite of this barrier, small house and tiny house proponents have been finding loopholes.

One such workaround involves simply building your house on wheels. However, that isnít easy to do and it doesnít always look great either.

Living simply

Depending on your hobbies and philosophy, living in a small house can be a good or a bad thing. Those who seek to become more minimal in their belongings often find that small houses help them achieve this.

The more things we own the more we have to worry about storing and maintaining them. However, if you value experiences more than objects, living in a small house could save you money and therefore leave you with more funds for traveling and other experiences.

Family is another thing to consider when living in a small house. If you have a large family or pets, living in a small house can be difficult. However, there is something to be said about growing up in a small house (it makes it harder for kids to avoid their parents by playing video games in their room or the basement!).

How to decide if you can manage living in a small house

If youíre downsizing from a larger home it can be scary to lose all of that extra space you were used to. There are a few ways to see if you can adapt to a smaller home, however.

You could rent a small apartment while you search for a new home. This will allow you to acclimate yourself to living in a smaller environment.

If you donít want to go through the trouble of signing a lease, thereís always renting a small property through AirBnB or a camping cottage for a few weeks. Then youíll have time to notice what you like and dislike about the smaller space and will be able to plan for how to want to deal with those changes if you decide to move into a smaller house.




Categories: Uncategorized  


Posted by David Tellier on 7/5/2018

The more you know about the process of buying a house, the better prepared you'll be for doing it successfully.

How might you define "success" when it comes to purchasing a home?

There are a lot of standards that could be applied to successfully navigating the home buying process, but here are a few that immediately come to mind:

  • Finding the house of your dreams: While very few people find a home that is absolutely perfect in every way, it is possible to come close to achieving that ideal. Although a certain amount of flexibility goes a long way, knowing what you want and prioritizing important features are among the main prerequisites to getting what you want. As baseball legend Yogi Berra once said, "If you don't know where you are going, you'll end up someplace else." Thanks to the variety of websites devoted to home ownership, home decorating, remodeling, and landscaping, it's easy to find pictures online that can help inspire your imagination and clarify exactly what the house of your dreams might look like.
  • Minimizing setbacks and frustrations: The process of house hunting is a journey that often involves bumpy roads, detours, and dead ends. One secret to getting through it successfully is to work with an experienced real estate agent who knows the ropes and can keep you on track. It also helps to approach house hunting with a sense of optimism, resourcefulness, and commitment. Although you probably have a lot of competing priorities in your life, finding a house that you and your family will be happy in for the next few years deserves a top spot on your list!
  • Avoiding unpleasant surprises: Knowing your credit score and understanding the impact it will have on getting loan approval and a favorable interest rate will help prepare you for the financial side of buying a house. The ability to get prequalified for a mortgage and come up with sufficient down payment will also set the stage for a successful home buying experience. On the plus side, a higher down payment can potentially result in a lower interest rate and not having to pay private mortgage insurance (A 20% down payment is necessary to avoid PMI.) Since many loan programs and lenders require at least a 3-5% down payment, that can be a stumbling block for first-time home buyers. To purchase a $200,000 home, for example, you'd need to come up with a cash outlay of between $6,000 to $10,000 -- not an easy feat for everyone!
If coming up with a sufficient down payment is an issue for you, your real estate agent or loan officer can work with you to brainstorm possible solutions and alternative strategies. For some first-time home buyers, the best plan is to postpone your house buying plans for a couple years until you can improve your credit score and set aside several thousand dollars for a down payment.





Posted by David Tellier on 6/28/2018

Most Americans dream of owning their own home. The size of that pictured house is often spacious. As the housing market gets tighter, the prices of homes go up. The bigger the home you wish to buy, the larger the price tag. Keep in mind that the bigger the house you buy is, the more everything else will cost. That means you have to look deep into your budget and far beyond the list price of a home to understand what you have to work with financially. Some things that a more prominent home might bring are:


Higher utility bills due to more space that you have to heat and cool

Increased property tax

Higher insurance premiums

More expensive repairs

More expensive renovations

Bigger yard to landscape


These are all additional costs that you should consider before you take the plunge to buy a larger home. The longer you live in the house, the more these expenses can add up. Many things like flooring, carpet, concrete, and roofing materials are priced by the square foot. While living large can be a great decision, the additional expenses can really add up.  


If You Have Kids, Reconsider


Raising children is expensive. While you may want your child to have a large room and a lot of amenities right inside their home, there are so many other things that kids need. Consider your childís hobbies. How much of your budget do you devote to those? Do your kids hope to attend college? How much extra money in your budget do you have for vacations and other activities that you may want to do as a family? Buying a bigger house could mean that you have less money in your budget for these things. Understand all the ways that you need to stretch your money before you have your eyes set on a larger home. 


Consider The Rest Of Your Needs


A more massive home means a more substantial monthly mortgage payment. That leaves less for you to save for things like retirement, rainy day funds, and other financial goals. Donít let the fact that you have your eyes set on a big house shadow the rest of your life and your needs. A large part of buying a home is planning ahead. It will be a smart decision all around for you and your family to buy a home thatís affordable.            


Buying a larger home fulfills a dream for many homebuyers, but donít let that idea become a singular goal.       





Categories: Uncategorized  


Posted by David Tellier on 6/21/2018

Before you sell your home, you may want to invest in property upgrades. That way, you can enhance your residence both inside and out and boost your chances of enjoying a fast, profitable house selling experience.

Ultimately, there are many questions to consider prior to investing in home improvements. These questions include:

1. Which home improvements should I prioritize?

It may be beneficial to have a professional home inspector evaluate your residence. Because if you receive a home inspection report, you can learn about your residence's strengths and weaknesses. Perhaps most important, you can use this report to establish home improvement priorities.

There is no shortage of qualified home inspectors available in cities and towns nationwide. If you reach out to a home inspector today, you can take the first step to identify and address various problems throughout your house.

2. How much should I spend on home improvements?

Although you would like to improve your residence as much as possible, there is only a finite amount of money at your disposal to allocate to property improvements. If you create a home improvement budget, however, you may be better equipped than ever before to get the most out of your available funds.

Also, it is important to remember that some home improvements are quick and simple to complete. If you can perform home upgrades on your own, you may be able to save money in comparison to hiring a professional contractor to complete these tasks for you.

3. How much time should I commit to home improvements?

Think about when you want to list your home. Next, you can craft a home improvement timeline that allows you to determine which property upgrades you want to complete and when you want to finish these projects.

Generally, it is helpful to give yourself as much time as you can to perform home improvements. And if you have sufficient time to complete home upgrades, you'll ensure that these tasks are always finished correctly.

As you get ready to list your residence, you may want to hire a real estate agent too. This housing market professional can examine your house and offer home improvement recommendations and suggestions. Furthermore, a real estate agent may be able to put you in touch with the best home improvement professionals in your area.

A real estate agent provides comprehensive assistance throughout the property selling journey as well. He or she will help you list your residence and promote it to the right groups of buyers. And if you receive an offer to purchase your home, a real estate agent will help you analyze this homebuying proposal and determine the best course of action.

Ready to transform your ordinary home into an attractive option for buyers? Allocate time and resources to perform home improvements Ė you'll be glad you did. If you upgrade your residence, you can show off the true beauty of your house and increase the likelihood of a successful property selling experience.