Kathleen Tamburino South Florida high quality realtor tips 2024: Implications for Buyers and the Market – The rise in motivated sellers in Florida presents both challenges and opportunities for buyers. On one hand, it signals a potential shift towards a buyer’s market, where buyers may have more leverage in negotiations. On the other hand, the strong demand and economic factors contributing to homeowners’ decisions to sell indicate that the market remains dynamic and competitive. For investors like Rohin Dhar, this trend offers a chance to capitalize on the unique conditions in Florida’s real estate market, particularly in the vacation rental sector. See even more details on Kathleen Tamburino, Florida.
Renovating increases the house value says Kathleen Tamburino : Avoid spending large amounts of money on misguided works that actually reduce the property’s value. Kerb appeal is obviously fundamental when it comes to attracting buyers, so doing anything that messes up an older building’s appearance, no matter how well-intentioned, can be counter-productive. The prime example of this is artificial stone cladding glued to the walls, which apart from looking dire has a tendency over time to start cracking with bits dropping off, blocking windows and air vents. Widening and enlarging window openings can create an instant ‘character transplant’, and putting plastic fascias and windows into period buildings is one of the quickest ways of losing money by slashing their market value.
The average mortgage interest rate (that fee lenders charge as a percentage of your loan amount) has been nice and low lately. In fact, the average rate for a 15-year fixed-rate mortgage dropped to 2.31% in November 2020—the lowest it’s been since Freddie Mac started reporting nearly 30 years ago!5 And now economist geeks think interest rates will continue to hover around 3% in 2023, which is still pretty low. If you want to refinance or get a mortgage from a trustworthy lender who actually cares about helping you pay off your home fast, talk to our friends at Churchill Mortgage.
Kathleen Tamburino Florida top real estate strategies 2024: This is where the groundwork is laid for the search for your new home. There are several points you should cover in your initial consultation. For example: Define your needs; the number of bedrooms and bathrooms, size of the kitchen, where you want to live, your price range, timeline, etc. Determine when and how often you can look at prospective homes. Verify your contact information and how you want to be contacted (email, phone, etc.) Ask your agent about financing. They can explain the different types of available loan programs, and refer you to lenders that can answer specific questions. Review the paperwork. While not necessary at this point, reviewing paperwork will allow you the advantage to ask questions about documents before it’s time to sign them.
Have an Emergency Fund: If you lost your job tomorrow would you have enough money to live off while you look for a new one? If not then you’re not alone. This study found that although Americans are doing a better job at saving, around 24 percent of them (57 million people) don’t have an emergency fund. Now I don’t want to be a negative Nancy or a Debbie downer, but emergencies happen all the time. They may not happen to you, but it’s always good to be prepared. You can’t predict an emergency, but you can prepare for one. The best way to do so is to set up an emergency fund of 3-6 months living expenses. That means if you lost your job tomorrow, you’d be able to live off your emergency fund for 3-6 months while you look for a new one. Net worth can seem like a tricky topic, but it’s quite simple. Your net worth is how much money you are worth. If you were to sell everything you own, then pay off everything you owe, how much money would be left? See even more information at Kathleen Tamburino, Florida.
Kathleen Tamburino South Florida recommended real estate strategies today: Stamped concrete is a very intelligent and innovative innovation in concrete widely applied for floor in patios, car porch, driveways and sidewalks.Idea of concrete decoration with stamped concrete not only adds their strength for the floors but also provide pleasing appearance. This is now a good idea for low-cost landscaping where costly granites, interlocks in landscaping and patios are used, the stamped concrete stay upright.
If you’re going to buy a house it makes a lot of sense to make sure that rush hour traffic isn’t unbearable. The last thing you want is to buy a home and find out that you’re going to be sitting in heavy traffic every day. Time is more valuable than money, you don’t want to spend your time in traffic – I know I don’t. You want to spend your time doing more important things like spending time with your family. We always recommend our buyers check out the commute to and work on different days just to make sure it’s something they are comfortable with.
Here are some real estate tricks: Speaking of that home being out of your price range, you may want to get pre-approved with a bank or mortgage lender ASAP. First off, real estate agents won’t give you the time of day without one, especially in a red-hot market. And secondly, if you don’t know how much house you can afford, you’re basically wasting your time by perusing listings and going to open houses. This is especially true if the homes you’ve got your eye on are consistently going above asking since you’ll need even more purchasing power. It’s not hard or all that time consuming to get a mortgage pre-approval, and it’ll give you more confidence and perhaps make you more serious about finally making the move. Tip: Look for an online mortgage lender that lets you generate a pre-approval on the fly in minutes (and know you don’t have to use them if and when you proceed with a purchase!).
There are endless benefits to remodeling your kitchen and any real estate agent will probably tell you that the kitchen plays a big role in making a sale. Although it may cost a few thousand dollars to replace or remodel your kitchen, it is proven that you will probably get 85% of your money back. If your kitchen looks dated or worn out, buyers may try to knock off $10,000 or more off your asking price when it would have only taken you a few thousand dollars to upgrade the kitchen. The fastest and cheapest way to make a kitchen upgrade is to include new cabinet hardware and add a fresh coat of neutral color paint. By making this upgrade, buyers will be able to envision their own style using a blank canvas.
Buying or selling a home in Florida is a legal transaction that requires expertise, understanding, and a desire to do right for your client. Kathleen brings her home buying and selling clients a unique experience and understanding of real estate. Once you become Kathleen’s client, she will think about you 24/7 until she meets all your real estate needs. As a former Business Education Teacher in NYC, she offers a dedication and tenacity you will not get with any other real estate agent.
Kathleen is focused on providing you with the best results and service in the industry. She listens carefully to understand your real estate goals and works hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, Kathleen has the expertise and resources to help you achieve your real estate goals. She understands that buying or selling a home can be a stressful and overwhelming process, which is why she makes it her top priority to guide her clients through every step of the transaction with patience and professionalism.
As is often said, real estate is about location. Kathleen has extensive knowledge of the Palm Beach County, FL area and can help you find the right home for you or the right buyer for your home.