• Homes and Real Estate
  • Hassle-Free Home Purchase – The Power Woman’s Strategy

    Hassle Free Home Purchase

    Easy home purchase, and how some do achieve it. Have you ever wondered why some people seem to be able to manage the process of relocating their home in their stride. They do it reasonably quickly, and apparently with minimal drama?

    We think that it is that the successful, low stress property re-locators follow the following strategy, they know their mind and they refuse to let the inevitable small problems obscure their minds from the big-picture.

    We suggest that you follow the useful tips we explain in this article, and apply them during your house move. It will help to make the process move forward for you, and do that with reduced stress.

    Take Time and Make an Effort to Select a Realtor that Understands Your Needs

    Research your realtor, and ask around about their performance. We are assuming that as a power woman you already possess a valuable property. A home that stands out from the crowd. So, why settle for a realtor who normally sells low priced houses which are little more than boxes?

    The power woman finds a realtor with a real ability to assess properties for their market and truly market your property into the target market of buyers. This needs a person with experience and drive, and then a gift for closing a deal.

    This way, your realtor will not be cheap, but will be effective.

    Get Your Mortgage Offer Lined Up and Ready

    The power woman making a home purchase, doesn’t look at a single property until she has the mortgage funds sitting waiting. This person will be ready to ask her financier to draw funds against it without delay. The power woman will be ready sign a deal within 24 hours of viewing a property.

    That way, these buyers get the property they want, not those that are left-over on the market. Sometimes, a great property can be bought within hours of going on the market. You can bet that those are total bargains. Don’t risk losing a home purchase, just for a lack of up front work having been done to obtain a mortgage offer, in advance, .

    Have a Home Inspector Ready to Quickly Go and Look at the Property

    The Power Woman's Strategy for a Hassle-Free Home Purchase_18
    Source : dickoatts.com

    Again, the best home purchases sell quickly. They get snapped up! So, get a home inspector primed to take your call within minutes of leaving any “dream home” viewing, on which you have agreed a “Subject to Contract’ price, with the seller.

    The power woman knows that to try to save money by not having a home Condition Assessment and report, is almost always a false saving.

    Decide Whether You Are Seeking a Fixed or an Adjustable Rate Mortgage

    Be aware that although you may have received a mortgage offer, there is still a further decision to make, and that is around the choice of fixed and adjustable rate mortgages.

    Don’t risk your home purchase being slowed down after you clinch a deal with your seller by the considerations of fixed and adjustable rate mortgages.

    Read up on this and take independent advice on this before you arrange the home inspection to take place rapidly after your provisional  purchase price agreement, but before you actually buy the home.

    Decide on your Buying Strategy and Negotiate

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    No power woman overlooks an opportunity to avoid spending more than she needs to! Making any home purchase is a huge opportunity to save money. Once you have the home inspector’s property condition report in your hands, go back to the seller. Tell them about any defects and forthcoming maintenance costs which the inspection has revealed. Ask for a reduction to help you complete the repairs.

    Many homes need work done to them, and when this happens it has become perfectly acceptable to go back to the seller, via their realtor. You talk to the realtor, and ask for a reduction in the price. When the seller is shown the amount of work that is needed, they will often be prepared to reduce the price to cover that cost.

    Don’t Overstretch Your self and Get Into Trouble Repaying

    Only make a home purchase that you can afford to pay for. To do overstretch yourself on repayments is a recipe for hard-times, and heart-ache.

    The Power Woman's Strategy for a Hassle-Free Home Purchase_11
    Source : tamykawashington.com

    Take a cool look at your monthly outgoings and other costs. There are calculators online which cost nothing and help home buyers calculate how much spare cash they earn which is available to pay out for a new home.

    It really pays off to study one of those. Do that before you decide what monthly mortgage repayments you will be able to afford.

    Be Flexible and if Necessary be Prepared to Live Outside Your Normal Area

    Finally, many people are surprisingly unwilling to look at properties outside their normal neighbourhoods. That can be a big mistake because neighbourhoods constantly improve and others deteriorate and fall down the grading.

    An, up and coming neighbourhood, may offer lower prices, and yet actually prove to be a more pleasant area to live in over the next 5 to 20 years. Even the same house in a cheaper neighbourhood, if available, may prove a better home purchase because, while still within budget it would be possible to do a number of improvements to it. These improvements would effectively come, free of charge!

    Successful Home Purchase – Conclusion

    By buying wisely into neighbourhoods which are well established, and not overly dependent on one large employer is also likely to prove to be a very good investment when you come to selling a property.

    By following the advice explained in this article, we think that you find it easier to buy the home of your dreams.

  • Homes and Real Estate
  • How to Avoid an Exploitative Home Improvement Contractor 7 Tips for Women

    woman with exploitative contractor image

    Home Improvement Contractor’s nowadays continue to be dominated by men, and therein lies an increasing problem with how to avoid an exploitative home improvement contractor.

    Women are easy to exploit during home improvement projects. More and more women are living alone, and yet they are if anything more focused than ever on the condition of their homes. That means that more and more often they are starting home remodelling contracts. The dominant male workforce employed by these firms is by its nature high in male hormones, and frequently domineering. The result is that there is little protection for the woman who lives alone, while the contractor has free access into the client’s home, during the work.

    How to Avoid an Exploitative Home Improvement Contractor 7 Tips for Women_20

    In fact, many women feel that they have been provided with an end result to their home remodelling project which is not truly as they intended.

    There are also many who believe that the cost has been intentionally inflated by added “extras”, for which they have been charged each time they asked the contractor to work differently, or alter incorrectly installed work.

    Above 80% of home remodelling projects run over budget by more than 20%, and that is an appalling statistic for householders who have the right to expect professional building contractors to better estimate their costs in advance.

    But, not all contractors in this field of work seek to exploit their female clients (or indeed male project commissioners!), so how do you avoid hiring one of those all-too-common fraudsters?

    1. Speak to Friends for Recommendations

    How to Avoid an Exploitative Home Improvement Contractor 7 Tips for Women_11
    Source : thegoodcontractorslist.com

    The number one best method of finding a good contractor is to seek out recommendations from friends whom you trust. Most people will have been told this many times, but this cannot be said too often. It is an appealing prospect to log-in to your phone or tablet and search for a local contractor, and may only take 5 minutes to find a selection of them to call, within your local area. But, be careful. Unless they come with a recommendation from someone you trust, you may be deceived by clever salesmanship. Also, as female client, you have no idea of their ability to work for a woman unless you can ask a friend about their experience.

    If you are going to ensure that the property will be built to a high standard, and you don’t have friends in the area who are able to recommend a suitable contractor, consider appointing a Building Inspector to act on your behalf. The inspector will view the work at every critical stage for you.

    Very often, the inspectors working for a home inspection services company like 4WallsCheckers, will hold the best insight into the true abilities of the local contractors of anyone. Once appointed they will usually be willing to suggest good contractors to contact. The benefits of appointing qualified professional home inspectors (surveyors) to oversee that the quality of the work meets local minimum quality standards, usually exceeds the cost of their fees.

    2. Obtain Multiple Quotations

    This one is a hard one. It can be a harder thing for a woman to achieve than a man, due to our less spatial/ 3 dimensional way of thinking. Ideally, in order to obtain comparative quotations it is by far the best to write your own simple “specification” of the materials you want the contractor to use, and a list of tasks that the bidder must include in their price.

    Without that you will find it difficult to be sure that a lower price is genuinely the one to go for. without a specification and a list of tasks, it may be that the lower price simply includes less work! If so, you will probably pay more at the end of the job, when the avoid an exploitative home improvement contractor adds in all sorts of “extras”.

    We know it is tedious getting multiple quotations for your project, but doing that work at the start usually makes things so much easier later on.

    3. Check Compliance with License Requirements Under Local State Law

    How to Avoid an Exploitative Home Improvement Contractor 7 Tips for Women_2

    The next step is to check out the contractor’s legal credentials, unless of course you already know them through a friend who has already done this step. The general public never cease to be amazed how poorly a lot of contractors perform, especially in large cities, where work is abundant, and there is always a new client they can find.

    Ensuring that your contractor complies with the local regulations is one simple step which is often neglected, but can be very important. Simply, ask for sight of the necessary documentation when you meet the contractor. No genuine contractor will have any problem with that.

    4. Check with the Department of Consumer Affairs

    Look up the contractor on the website of your local Department of Consumer Affairs. It will take less than 5 minutes to see whether there are any references to that contractor. Take care to read any statements about the contractor, and act wisely on the information if it exists.

    5. Ask to View the Contractor’s Insurance

    The have been instances where the contractor has told a client that he holds full professional indemnity insurance, but later when the client seeks to claim it turns out that the insurance had lapsed.

    The lesson here to avoid an exploitative home improvement contractor, is to always check the certificate and make sure you look at the date of the cover stated on the document.

    6. Look Up Your Contractor on the Better Business Bureau Website

    As we said in item 4., you can’t be too careful, and also as in 4., you can look up the contractor’s listing, and be re-assured if it appears to be complete and up to date.

    7. Paper Always Reigns Supreme to Avoid an Exploitative Home Improvement Contractor!

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    Obtain a piece of paper, for all important aspects of your agreement about the content of the contract.  All estimates and warranties need to be recorded on paper, in case of problems later.

    We all like to befriend our contractors if they are efficient and helpful when doing the work, so there is a temptation to do all the earlier steps, and then just shake hands before the work begins! This is what not to do if you are ging to avoid an exploitative home improvement contractor. It is a big mistake almost always.

    Just take one more steps and insist on an agreed final version of the quotation, with any insurance and warranties to be provided by the contractor clearly stated.

    Any dispute will usually amount to one person’s word against another’s unless the right piece of paper has been exchanged. You won’t avoid an exploitative home improvement contractor getting his way, without pieces of paper!

    There is no need for complex legal language, just plain English and a clear statement of the work, plus the price to be charged. Other matters might also be included, such as how and when the contractor will make access into your home to do the work, how long it will take to complete, at what stage of the work payment will be made, any warranties which will apply, and the price.

    Conclusion

    There you have it. We have listed our 7 tips on hiring a home improvement contractor. Use these and you should have a very good chance to avoid appointing an exploitative (fraudulent) contractor to do the work, on your next remodelling project.

    That way there is no reason why women commissioning home improvement works should encounter any trouble at all with the actions of their appointed home improvement contractor. In addition they should get tradesmen who provide quality work at a fair price.