RE/MAX Executive Realty



Posted by RE/MAX Executive Realty on 4/14/2019

Shopping for a home is a long, arduous process. When you finally find one that you love, think you can afford, and spend the time to formulate an offer, it can be crushing when your offer is rejected.

However, getting rejected is simply part of the process. If youíve ever applied to college, you might be familiar with this process. You send out applications that you poured your heart and soul into. Sometimes to get accepted, other times you donít.

Making an offer on a home comes with one big advantage over those college applications, however--the opportunity to negotiate. As long as the house is still on the market after your offer is rejected, youíre still in the game.

In this article, weíre going to talk you through what to do when your offer is rejected so you can reformulate your plan and make the best decision as to moving forward.

1. Donít sweat it

One of the most common fallacies we fall into as humans is to think the outcome is worse than it really is. First, remember that there are most likely other houses out there that are as good if not better than the one you are bidding on, even if theyíre not for sale at this moment.

Next, consider the rejection as simply part of the negotiation process. Most people are turned off by rejection. However, you can learn a lot when a seller says no. In many cases, you can take what you learned and return to the drawing board to come up with a better offer.

Donít spend too much time scrutinizing the sellerís decision. Ninety-nine percent of the time their decision isnít personal. You simply havenít met the pricing or contractual requirements that they and their agent have decided on.

2. Reconsider your offer

Now itís time to start thinking about a second offer. If the seller didnít respond with a counteroffer it can mean one of two things. First, they might be considering other buyers who have gotten closer to their requirements. Alternatively, your offer may have been too low or have had too many contingencies for them to consider.

Regardless, a flat-out rejection usually means changes need to be made before following up.

3. Making a new offer

This is your chance to take what you learned and apply it to your new offer. Make sure you meet the following prerequisites before sending out your next offer:

  • Double check your financing. Understand your spending limits, both on paper and in terms of what youíre comfortable spending.

  • Check comparable houses. If houses in the neighborhood are selling for more than they were when the house was previously listed, the seller might be compensating for that change.

  • Make sure youíre pre-approved. Your offer will be taken more seriously if you have the bankís approval.

  • Remove unnecessary contingencies. Itís a sellerís market. Having a complicated contract will make sellers less likely to consider your offer.

4. Move on with confidence

Sometimes you just canít make it up to the sellerís price point. Other times the seller just canít come to terms with a reasonable price for their home. Regardless, donít waste too much time negotiating and renegotiating. Take what you learned from this experience and use it toward the next house negotiation--it will be here sooner than you think!




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Posted by RE/MAX Executive Realty on 4/12/2019







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Posted by RE/MAX Executive Realty on 4/7/2019

Here are some secret places where dirt and germs accumulate.

Kitchen - The Sponge 

Even though we take time to clean the sink and worktop, there is something that often escapes our routine cleaning... the kitchen sponge. 

How to take care of it?

Opt for sponges that are good quality, dependable, and wash with hot water. The hot water helps kill some germs and makes your cleaning more effective. Flap the sponge well when you're done using it every day to avoid humidity in which the bacteria reproduce.

Living roomĖ Remote Control

One never thinks of cleaning it, yet everyone fiddles with it, makes it fall to the ground; it passes in the hands full of crumbs of chips, under the soles of the slippers; not to mention the times when we sit on it by mistake or those where the dog drool over it.

How to clean it?

Spray a little liquid soap on a cotton swab and clean carefully between the keys.

Bathroom - The toilet seat

The toilet seat sometimes does not get all the cleaning it deserves.

How to clean them?

Washing your toilet set once a week won't suffice. You must do it every day or at least three times a week. The lid is flipped before flushing to prevent the movement of water from causing the bacteria to fly.

Doorknob

Doorknobs can be one of the dirtiest places in the house especially that of washrooms and the ones facing outdoors.

How to clean one?

80% of infectious diseases spread by hands. Think about putting a disinfectant bottle near the door at the entrance and outside your washroom to ensure that the hands that hold the doorknobs are clean and do not transfer any germs.

Bath Mat 

Sometimes you wash the towels and bath and remember to clean the shower. Most times, the bath mat goes scot-free in the middle of household chores. However, it must be washed and changed at least as much as towels or more: because it stays on the ground, wet, and is used by several people. 

How to wash it?

You need to, first of all, stop taking shoes into the bathrooms and also ensure that you clean the bath mat often enough. You should also ensure that your floor mat stays dry as much as possible.

Pay attention to these areas to keep your home clean. Pay extra attention to these areas when cleaning your home for inspection or an open house.




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Posted by RE/MAX Executive Realty on 4/7/2019

It's imperative that you clean up your home appropriately whenever a member of your household has had the flu to prevent other members of the house from getting sick too. Not just that, a germ-free home also provides some form of protection for everyone. To clean thoroughly, you will need cleaning supplies like disinfectant and sanitizing solutions. You may either decide to make your own at home or purchase one from the store, but remember not to mix disinfectant with any other cleaning products to prevent the rise of toxic fumes. 

Cleaning The Bedroom

Itís very likely that the sick individual spent a lot of time in the bedroom, so this is one of the first places to which you should attend. Remove all bedding entirely and throw it in the washing machine, under the highest setting as theyíve usually had the closest contact with the body. The mattress should also be aired out to get rid of sweat stains and odors.

Cleaning The Bathroom

Using a disinfectant, wipe down your entire bathroom including the bathtub, toilet handles, sink and shower handles, door knobs, light switches, and any other commonly shared areas. Do this regularly throughout the period of the illness and after. You should also switch out the hand towel every day or have designated paper towels for everyone. Everyone's toothbrushes should be sanitized in a solution of hydrogen peroxide and water, but discard that of the convalescent should.

Cleaning The Living Areas

It's very advisable that you cover all your furniture and upholstery with washable blankets during the sickness time, to prevent cross-contamination. Otherwise, you might be dealing with more germs than you thought. Wipe down the living room area such as the floors, chair and sofas, side stools, phones, remote controls, board games and any other thing that has been in contact with the sick person.

Cleaning Other Parts of the House

Also disinfect the parts of the house that you donít pay much attention to on a regular basis such as the handrails, doorknobs, computers and video game consoles, light switches, etc. If the sick individual spent much time in the kitchen, disinfect it thoroughly. Kitchen utensils and plates used by the individual should always be washed at the highest setting of the dishwasher or disinfected when washing by hand. 

Keeping your home germ free at such a time like this might seem like lots of work so soon after an illness, but the rewards are definitely worth it. Ask your real estate professional for a housecleaning referral if you don't want to do it yourself.




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Posted by RE/MAX Executive Realty on 4/7/2019

A home showing will help you gain the insights you need to make an informed decision about a house purchase. At the same time, you may have many concerns about whether a residence is right for you, even after you complete a home showing.

Ultimately, there are many questions to consider after you finish a house showing to ensure you can make the right choice about a residence, and these include:

1. How did I feel as I walked through a home?

Oftentimes, homebuyers try to envision what life may be like if they purchase a residence. As these buyers walk through a house during a showing, it sometimes can be simple to imagine the possibilities if you buy this residence. On the other hand, it may be tough to envision a future in a particular home if a house fails to match or exceed your expectations.

Think about how you felt as you explored each room in a house during a showing. If you left a home showing with a good feeling about a residence, it may be beneficial to submit an offer or set up a follow-up showing. Conversely, if a home showing left you feeling uncomfortable with a residence, you may want to continue your search for your dream house.

2. Are there any major issues with a home?

Generally, it is a good idea to ask lots of questions about a house during a showing. This will enable you to learn about the condition of a home and determine whether major repairs are necessary.

A home in need of significant upgrades offers opportunities for homebuyers who are looking for a "fixer-upper" house. In fact, if you submit an offer on a fixer-upper home, you may be able to perform assorted repairs to enhance a house's condition and value.

Comparatively, if you are unwilling to perform substantial home upgrades, there is no need to worry. You can always forego submitting an offer on a house after a showing, and by doing so, continue your pursuit for your ideal home.

3. Is a home a viable long-term investment?

As a homebuyer, it is important to find a house that will serve you well both now and in the future. Because if you fail to do so, you risk purchasing a house that will only decline in value in the years to come.

If you feel that a home is a viable long-term investment following a showing, you may want to submit an offer to acquire this residence. Then, if a seller accepts your offer, you can conduct a home inspection and move forward in the homebuying process.

Lastly, as you consider what to do after a home showing, you may want to collaborate with a real estate agent. This housing market professional can help you evaluate the pros and cons of submitting an offer on a particular residence. Perhaps best of all, a real estate agent will offer expert tips to ensure you can find your dream residence in no time at all.




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