Lynn D'Avolio
Coldwell Banker Residential Brokerage | 801-597-2857 | lynn1@soldbylynn.com


Posted by Lynn D'Avolio on 11/1/2016

Getting ready to buy a new home? You'll want to hire a real estate agent to guide you along the homebuying journey, as this professional will possess the skills and know-how needed to ensure you can find your dream home quickly. There are many great reasons for homebuyers to work with a real estate agent, including: 1. You Can Check Out a Wide Range of Homes That Fit Your Needs. Whether you're looking for a three-bedroom, two-bathroom home in the city or a small residence on the outskirts of town, a real estate agent can arrange home showings to ensure you can check out a variety of houses that fit your needs. Remember, a real estate agent works for you and will do everything he or she can to help you find your ideal residence. This professional will conduct research into homes that meet your criteria and even work with a home seller's real estate agent to make sure you can view a house at your convenience. 2. You Can Receive Expert Support During the Negotiation Stage. No homebuyer wants to enter the negotiation stage alone. Fortunately, a real estate agent will help you manage negotiations. Negotiations with a home seller can become contentious if you're not careful, but your real estate agent will go above and beyond the call of duty to help you get your dream house at the right price, regardless of the circumstances. 3. You Can Get Extra Help with a Home Inspection. Completing a home inspection is paramount before you finalize a purchase agreement with a home seller. And with a trusted real estate agent at your side, you should have no trouble finding a reliable home inspector who will be able to identify potential issues with a house before you buy it. Your real estate agent also can help you minimize stress if a home inspector encounters problems with a house. For example, your real estate agent will speak with a home seller to ensure any home repairs are completed before you finalize your purchase agreement. Thus, you'll be able to buy a home that you can enjoy for years to come thanks in part to the support provided by your real estate agent. 4. You Can Enjoy a Simple Closing Process. The closing process often represents the final step before you can move into your new home. Therefore, it is crucial to understand the paperwork that is included as part of this process and ensure you are comfortable with each form you sign. Your real estate agent, meanwhile, will be with you during the closing process and can explain the importance of each form. Furthermore, your real estate agent will be happy to respond to any concerns or queries and help you feel comfortable throughout the closing process. Ultimately, your real estate agent may play a key role in your ability to find the perfect house. As a result, be sure to spend some time interviewing prospective real estate agents in your area to find a real estate professional that you can collaborate with during each stage of the homebuying journey.





Posted by Lynn D'Avolio on 8/30/2016

Let's face it – paying monthly rent for your tiny apartment is no longer feasible. Instead, you need a bigger place to live, i.e. a house that you can enjoy for years to come. As a first-time homebuyer, exploring the real estate market may sound like a fun, exciting opportunity – and it is! However, you need to prepare for the housing market, and by doing so, you'll be able to improve your chances of finding your dream residence quickly and effortlessly. So what does it take to find the right home? Here are three ways to boost your chances of buying your ideal house: 1. Save Money Before You Buy a Home. You'll likely need to find a lender that can offer you a mortgage with an interest rate that fits your budget. And if you save money before you buy a house, you could improve your chances of getting a mortgage with a lower interest rate. Typically, having enough money to cover several months worth of a home's mortgage may make you a better candidate for a mortgage than other potential homebuyers. It also is important to keep in mind that saving money now may help you pay closing costs and other fees that frequently arise during the homebuying process. 2. Look at Both Your Income and Debt. Ideally, you'll want to establish a budget as you prepare to explore the real estate market, as this will allow you to determine which houses you can afford. When you create your budget, be sure to consider both your annual income and outstanding debt as well. Evaluating these factors will enable you to better understand your yearly expenses and ensure you're able to search for homes that fit your budget perfectly. Don't forget to consider your future earnings as you develop your budget, too. For instance, if you're a student who already has a job lined up after graduation, you may be able to handle a larger monthly mortgage payment. On the other hand, if you have a baby on the way, you may want to account for the expenses associated with a newborn as you pursue a residence. 3. Monitor Your Credit Score. For homebuyers, your credit score reigns supreme in the eyes of lenders. Thus, spending some time monitoring and improving your credit score may make it easier for you to move one step closer to landing your dream house. Remember, you're eligible to receive a free copy of your credit report from each of the three major credit reporting agencies (Equifax, Experian and Trans Union) annually. And if you review a copy of this report, you can understand where your credit score currently stands. If your credit score is low, you can improve it by paying off any outstanding debt. Furthermore, if you find an error in your credit report, be sure to notify the agency that provided the report to you to ensure you can fix this mistake; otherwise, the error could impact your ability to buy a house. Being a first-time homebuyer sometimes can be challenging. But if you use the aforementioned tips, you may be able to bolster your chances of purchasing your dream residence.





Posted by Lynn D'Avolio on 2/23/2016

When it comes to searching for a home, there are a lot of factors that you have to consider. This is especially the case if you are shopping for condos, as you will be sharing a lot of common space with your neighbors as well. The first thing to look into is the overall interactivity that goes on within the block of condos you are considering to make your home. In most cases, it is always better to find a condo that has an interactive community, because this in turn means that you never have to worry that someone might not be doing their part in keeping the block of properties maintained and in good condition. One thing to be careful of is that some communities do not allow pets, and so if you are looking for a condo for you and your pets, then you need to make sure that the community has no problem with this. In the end, you have to find a condo that is able to be comfortable to live in, and where there is the least amount of stress. While it can be very beneficial to live in a community, it can at times be stressful if you are not one to go by strenuous rules. For some people, the idea of owning a home means that they have the freedom of choice to do what they want in their property. One of the most important things to look into when buying a condo is the condo fees. What are they and what will they be down the road? Are they set condo fees, or could they become too costly to pay down the road? Some condos fees go up to the point that makes the great price you got on the condo not look so great because of what you are paying in taxes and condo fees. One of pluses of a condo is no maintenance and a lot of people really like that especially in your later years when you don’t want to mow the lawn or shovel the sidewalks. A condo is a great option for many buyers and you can generally get into a condo for a fair price.




Categories: Uncategorized  


Posted by Lynn D'Avolio on 9/1/2015

The news has been bombarded with negative stories about the real estate market over the past few years, but the tides are turning and inventory is now lower than ever. There are still many opportunities for buyers as prices still remain low. For savvy homebuyers looking to buy in the high-end or luxury marketplace there is tremendous opportunity. If you’ve always dreamed about buying a luxury property but considered it just out of reach, today’s market may has put downward pressure on the prices of higher-end homes making them more affordable than ever. To buy your dream home you will want to have a strategy. 1. Choose your agent wisely. Your agent is your advocate. You will need an agent who is experienced and successful in the luxury home market. Agents who deal in luxury property have the right knowledge to help you locate and negotiate an offer on a high-end home. 2. Take the time necessary. The high-end home search may take more time and patience. The supply of luxury homes may be smaller, you may even need to expand your search or rely or your agent to find homes that may not be currently up for sale. The home will be bigger, have more features and thus there will be more to consider in the purchase decision. 3. Prepare the perfect offer. Cash is king in today’s market. According to the May 2011 REALTORS® Confidence Index from the National Association of REALTORS®, 30 percent of all purchases between mid-April and mid-May of last year were financed with cash. The number was even higher for luxury properties. Even though many luxury sellers may also be in a distressed property situation they are typically more particular about who was buying their property as well as the final selling price. Use your agent to carefully craft the perfect offer.





Posted by Lynn D'Avolio on 3/11/2014

Is it time to buy a home? According to a Gallup poll done on 1/17/2012, 67% of people polled say yes! According to Gallup, “Overall, there is good reason for most Americans to think now is a good time to buy a house. Interest rates remain near historic lows. Home prices are down sharply, providing many incredible buys.” According to the November 2001 National Housing Survey conducted by Fannie Mae, buyers cited their major reasons for buying a home. Here are the results:

  • 80% Having a good place to raise children and provide a good education
  • 79% Having a physical structure where you and your family feel safe
  • 75% It allows you to have more space for your family
  • 69% It gives you control over what you do with your living space 69
So despite what has been a negative sentiment towards the housing market, buyers and the general public still think that homeownership is the way to go.  




Categories: Real estate