Philip & Hrono Partners' Blog
Let's face it – buying a home can be difficult, particularly for those who are exploring the real estate market for the first time.
As a homebuyer, it is your responsibility to learn about the ins and outs of the housing market. By doing so, you can understand what differentiates a high-quality house from a subpar residence and proceed accordingly.
Furthermore, an informed homebuyer will know how to evaluate a home's exterior properly.
What does it take to conduct an in-depth assessment of a house's exterior? Here are three questions that every homebuyer should consider as he or she examines a home's exterior.
1. How do I feel about a home's exterior?
For many homebuyers, finding a house with an awe-inspiring exterior is a top priority. However, it is important to consider how you feel when you see a home's exterior for the first time.
A home's exterior should impress. At the same time, you need to evaluate a house's exterior in conjunction with other home features.
For example, a home may boast a massive kitchen and other dazzling interior features. On the other hand, a home's exterior may leave much to be desired.
Consider the pros and cons of a home's interior and exterior as you determine whether to submit an offer on a house. And if you need extra help along the way, be sure to consult with a real estate agent.
2. Will home exterior repairs be needed in the near future?
Examine a house's driveway, walkways and lawn as you conduct a home exterior evaluation. This will allow you to review the condition of these home exterior areas and determine whether repairs may be needed sooner rather than later.
Home exterior renovations sometimes can be costly and time-intensive. Thus, if you notice home siding that is cracked or other exterior issues, you will want to consider the time and expenses that may be required to fix such problems.
3. How much time will I need to commit to home exterior maintenance projects?
A home may have a beautiful exterior. In order to keep a house's exterior looking great, you'll need to conduct regular maintenance.
Consider what you will need to do to maintain a house's dazzling exterior as you explore all of the options at your disposal.
Will you need to hire a landscaping company to mow the lawn and trim the hedges? Or, are you willing to commit the time and resources necessary to perform assorted home exterior maintenance tasks on your own? These are just a few of the home exterior maintenance questions to consider as you review a property.
Of course, if you need guidance during the homebuying process, real estate agents are available to provide expert assistance.
A real estate agent possesses comprehensive housing market knowledge and can offer real estate insights that you may struggle to obtain elsewhere. With a real estate agent at your side, you should have no trouble examining a house – both inside and out – and making an informed homebuying decision.
783 Revere Beach Pkwy, Revere, MA 02151
783 Revere Beach Pkwy, Revere, MA 02151
Homeowners Associations (HOAs) were originally created to give everyone a larger say in their community. The rules and regulations are there to provide structure, preserve property values, and increase a sense of unity within the neighborhood boundaries. But not all HOAs function in the same way, and some can lead homeowners to feel stifled or even alienated. We'll look at how HOA laws work and what you can expect.
HOAs vote on a number of different laws for their community, but the majority of laws are passed down by the state. A state like Florida will have a number of hurricane regulations in its laws while a state like California may concentrate more so on earthquakes. Property owners are expected to comply with all state mandates to ensure their homes are protected in case of a disaster. But HOAs can definitely expand those state laws, depending on everything from personal values to property values.
HOAs will typically require dues in order to keep the association going. These fees generally total anywhere between $200 and $400 a month, and typically go toward maintaining the shared amenities (e.g., clubhouse, tennis court, etc.) of the property. For some residents, these fees are more than worth what they receive in return. You may want access to a pool without having to schedule maintenance or pay for repairs out-of-pocket. However, not all property owners get the same utility out of shared spaces, so it's important to take this into account before opting for a property with an HOA.
HOA Code of Conduct
A code of conduct is essentially there to ensure that all property owners keep up their homes and grounds. It may dictate what colors can be used to paint the home, or how tall grass can be before it needs to be mowed. The larger the general property, the more detailed their HOA laws are likely to be. While some residents love the order and predictability of an HOA, others feel resentful of the restrictions imposed upon them. The good news is that the code of conduct is dictated by the residents.
HOA laws are typically governed by the original developers of the property until a minimum percentage of units have been sold to the public. From there, it's the collective who will make decisions moving forward. Before choosing an HOA, make sure that you're picking an area with like-minded property owners. Otherwise, you may end up feeling trapped by rules that you neither agree with or approve of.