Ron Ouellette
RE/MAX Advantage I | 508-847-7111 | rono@remax.net


Posted by Ron Ouellette on 12/14/2017

Ready to make your homeownership dream a reality? In some cases, you may need to submit a home offer that surpasses a home seller's initial asking price, and these cases include:

1. You've fallen in love with a house.

Once you've found your dream residence, you'll want to do everything possible to secure this home as quickly as possible. Therefore, if you fall in love with a house, you can submit an offer that exceeds a home seller's initial asking price in the hopes of streamlining the homebuying journey.

Of course, before you submit an offer on any house, it is paramount to understand what differentiates an average home from a great one.

A great residence is one that you can enjoy both now and in the future. It likely will require minimal initial repairs, and as such, will be worth your time and resources.

2. You are facing steep competition.

For homebuyers who are competing for a high-quality residence in a buyer's market, it often pays to submit a home offer that surpasses a homebuyer's initial asking price. By doing so, you can guarantee your offer will stand out from others and boost the likelihood of securing your dream residence.

In a competitive real estate market, there is no need to hesitate to submit an above-average home offer, either.

A home offer that impresses a homebuyer may set the stage for a quick home sale. And if you put your best foot forward with a home offer, you should have no trouble acquiring a terrific residence, regardless of the current housing market's conditions.

3. You have substantial financial resources at your disposal.

A diligent homebuyer may choose to get pre-approved for a home loan. As a result, this homebuyer may be better equipped than others to submit a home offer that is higher than a home seller's initial asking price.

For example, a homebuyer who receives pre-approval for a home loan can start the homebuying journey with a budget in hand. This homebuyer then can check out houses that fall within his or her price range. And after this homebuyer discovers the perfect house, he or she can make an above-average proposal to acquire the residence.

To get pre-approved for a home loan, a homebuyer should meet with multiple lenders. Next, this homebuyer can review various home loan offers and select one that corresponds with his or her finances.

Lastly, if you need extra support during the homebuying journey, it pays to collaborate with a real estate agent.

A real estate agent will help you evaluate a broad array of houses in your city or town. In addition, this housing market professional can help you put together the right offer on a house to ensure you can secure your dream residence in no time at all.

Take the next step to acquire your ideal house Ė reach out to a local real estate agent today, and you can move closer to finding and purchasing your dream residence.




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Posted by Ron Ouellette on 12/7/2017

Do you enjoy the hustle and bustle of the big city? If so, you're sure to enjoy a city home.

Ultimately, there are many reasons to consider purchasing a home in a big city, including:

1. You can enjoy quick, easy access to public transportation.

Let's face it Ė owning a car sometimes can be problematic, and the costs associated with fuel, insurance and maintenance can add up quickly. However, you may be able to cut out some of these expenses if you live in the city.

Many cities feature public transportation systems that make it simple to travel from one location to the next. That way, you can avoid the hassles commonly associated with car ownership.

2. You can check out a broad assortment of attractions and entertainment.

The lights are always brightest in the city. Here, you can visit museums, historic landmarks and other attractions any time you choose.

For those who live in the city, you should have no trouble accessing a massive assortment of attractions and entertainment. From live theater performances to sports events, you can enjoy fun experiences in the city year-round.

3. You can visit a wide range of high-quality restaurants.

Foodies rejoice! Cities are home to some of the world's best restaurants, guaranteeing you can sample gourmet cuisine that you may struggle to find elsewhere.

Whether you appreciate traditional pub fare or elegant French dishes, you're sure to find exactly what you're looking for at a city restaurant. Plus, many city restaurants offer take-out menus, ensuring you can get first-rate cuisine delivered to your home.

How can you obtain a home in the city?

You don't need to be a millionaire to purchase a city home. In fact, here are three tips to ensure you can acquire an outstanding city house at a price that meets your budget:

1. Browse the housing market closely.

New homes reach the real estate market every day. As a homebuyer, you'll want to explore the housing market closely to find a residence that you can enjoy both now and in the future.

Examine the prices of recently sold homes in the city. Also, be sure to check out a variety of residences in-person. By doing so, you can understand what you can afford and map out your homebuying journey accordingly.

2. Get pre-approved for a mortgage.

Meet with multiple banks and credit unions before you begin your search for a city house. This will enable you to get pre-approved for a mortgage and kick off your home search with a homebuying budget in hand.

3. Work with a real estate agent.

Hire a real estate agent who understands a city's real estate market. This real estate professional will offer honest, unbiased homebuying recommendations. That way, you can accelerate the homebuying process and avoid the risk of spending too much on a city home.

Use the aforementioned homebuying tips, and you can move one step closer to securing your dream home in the city of your choice.




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Posted by Ron Ouellette on 11/30/2017

You've added your home to the real estate market, and the offers are already beginning to arrive from interested homebuyers. However, you're still a long way from finalizing the sale of your home, and there likely will be many hurdles that you'll need to overcome before you complete the home selling journey. Stress is common for many home sellers, regardless of whether you're selling your home in a buyers' market or a sellers' market. Fortunately, we're here to help you minimize stress as you move closer to finalizing the sale of your residence. Here are three tips to ensure you can limit stress as you sell your home: 1. Plan Ahead. What will happen if a homebuyer decides to back out of a deal after a home inspection? Or, how will you respond if a homebuyer asks you to complete home repairs? Plan ahead, and you'll be ready to deal with a wide range of scenarios that could arise during the home selling journey. The home selling journey is rarely, if ever, a clear-cut path. But home sellers who dedicate time and resources to plan for a variety of scenarios will be able to respond quickly and effectively in tough situations. Also, planning ahead may improve your chances of remaining calm, cool and collected under duress. And ultimately, you'll be better equipped to minimize stress throughout each stage of the home selling journey. 2. Give Yourself Plenty of Breaks. The home selling journey may move fast, but don't forget to take some time for yourself. By doing so, you'll be able to focus on what's important Ė your personal well-being and happiness. For instance, spending a day at the beach with friends, enjoying a mini-vacation or even going for a short walk around the block enables you to take a break from the hustle and bustle of the home selling process. Even spending an hour a day relaxing can deliver long-lasting benefits for a home seller. Remember, any time you devote to yourself will help you minimize stress and improve your chances of maintaining a positive outlook. 3. Work with a Top-Rated Real Estate Agent. Who says you need to deal with the stress of selling your home on your own? Instead, work with a top-rated real estate agent, and you'll be better equipped to stay calm throughout the home selling process. Your real estate agent should be able to put things in perspective as you progress along the home selling journey. As such, you'll want to find a top-rated real estate agent to ensure you can receive support from a qualified professional as you sell your residence. A skilled, talented real estate agent will be able to handle tough negotiations with a homebuyer and ensure you're able to get the best price for your home. Plus, this professional will provide you with a trusted resource and will respond to any of your concerns and questions. Don't let stress get the best of you as you sell your home Ė use these tips, and you'll be able to remain confident and relaxed throughout the home selling journey.





Posted by Ron Ouellette on 11/23/2017

You may have the notion as youíre searching for a house that the first bid will win when it comes to jumping at the chance to buy a home. Thatís not always true. however, can waiting too long to put in an offer on a home be detrimental to your home search? Weíll go over some of the best advice as to what makes a good offer, and when the best time to put that offer in is.  


Thereís actually no real set timeline for when you should put an offer in on a home. The real determination of this is the type of housing market that weíre in in at any particular time. A fast moving housing market can equate to the need for you to make an offer quickly. Most realtors will agree that you shouldn't wait too long to put in an offer on a home that you like. 


If you have a good realtor, and you have done your homework as well, youíll be able to make an educated offer. Youíll have done your due diligence if you have a pre-approval letter ready and understand a bit about the market itself, along with the pricing typical of the neighborhood where youíre interested in buying. Your realtor can help you to understand as to whether the offer you want to put in is a good one or not. 


Know What You Want


The most important part of putting in an offer on a home is knowing what you want in a  home. Before you get to the point where you actually want to put in offers, itís a good idea to have searched a bit online, and even attended a few open houses in the area where youíre searching. This will give you a better idea of whatís out there in your price range.     


The First Offer Is The Best One


This is an old adage in the real estate business. If youíre a seller, you have to assume that what a buyer is offering is their top number. If other offers come in at a higher price, then buyers who were really interested in the home may be fresh out of luck. Thatís why putting in a strong offer is so important. You donít want to lose out on a home that you really want because you havenít taken the time to understand what a good price point for a home in your neighborhood of choice is.


New Listings Have More Interest


Homes that have just been listed generate the most enthusiasm. Sometimes, the biggest part of putting an offer in on a home is trial and error. Many people will put in 2 to 3 offers before they finally secure the home of their dreams. Newer listings typically expect more for the price point the house is listed at. If a home has been listed for a short time, buyers can expect to pay close to the asking price for the home. Homes that have been on the market for a longer period of time have more negotiating power, giving the buyer a bit more wiggle room in their offer.  

The bottom line is that if you see a home that you love, youíll want to put an offer in as soon as possible. When the market is hot, no home will last long. Be prepared to make an offer when you find that property you want so that the process will be a lot easier for you.  






Posted by Ron Ouellette on 11/16/2017

When you buy a home, you suddenly realize that your wallet and bank account become quickly drained with all of the expenses involved. If you want to save money when you own a home, youíll need to find ways to cut down on your spending. This takes some creativity and some budgeting. The good news is that you donít have to sacrifice everything in order to live in the home you want. There are many ways that you can trim your budget and you probably never even thought of them.  


The Grocery Store


We all need to eat, so you definitely canít eliminate food from your budget! You can get your grocery bill down significantly with some careful planning. 


One of the biggest problems that people have, when they head to the grocery store, is that they simply shop without a plan. Make a list of what you need to buy. There are certain things that just about everyone needs every grocery trip like milk, bread, and eggs. If you go into the store with a list, youíll have a plan that you can stick to. Know what youíre going to cook and what everyone will eat throughout the week. If you bring coupons along on a grocery trip, try not to bring anything that you donít have use for. Youíll overspend if you buy just based on coupons. After you start your new system, you can have a clear budget that will become a habit over the course of time.


Donít Pay For What You Donít Use


Are you paying for things like a landline telephone or cable? Do you actually use these services? Cutting the cords can save you a lot of expenses. Also, youíre truly wasting money if youíre paying for something that you donít use. Thereís also some cheaper alternatives available when it comes to these types of services. 


Do More Yourself


While you may have relied on the luxury of a cleaning service or a landscaping service, you can cut these things out of your budget. Itís fairly simple to clean up after yourself, just set some standards with your family in order to keep the house up. As far as landscaping, you can probably do some of the mowing and raking on your own. You can still keep these services, but perhaps you want to save the maid for an every other month deep cleaning of your home. 


Other Places To Cut Expenses


Depending upon your lifestyle and needs, there are probably a few other places that you can save in your budget. These include:


  • Seeing where you can save on insurance policies
  • Finding alternatives for pet care and child care
  • Cutting back on your commuting costs by carpooling or using public transport


When you take a good look at your budget, youíll see that there are plenty of ways that you can start saving, yet still live in the home of your dreams and keep your lifestyle.




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