N.B.Taylor & Co., Inc. Realtors



Posted by N.B.Taylor & Co., Inc. Realtors on 11/11/2019

New technologies are constantly being produced that are designed to make our lives easier. Technology around the home is no different.

America recently underwent a boom in residential solar power, a trend that doesn’t look like it will be slowing down anytime soon. And, big tech companies like Google and Amazon are trying to nudge their way into the smart home technology sector with devices like the Amazon Echo and Google Home.

Many of these tools and technologies are great for convenience around the house. Amazon Dash buttons let you reorder common household goods like paper towels and laundry detergent with the touch of a button in your pantry when you run low.

However, some forward-thinking homeowners are looking towards home improvements that can increase the resale value of their home by making it more desirable to potential buyers.

In today’s post, we’re talking about the latest tech that homeowners are buying to give their home an edge over the competitors in the real estate market.

Read on to find out which technologies can make a difference and which ones will soon be obsolete.

Smart home technology

Our phones have gradually become all-encompassing devices that help us organize our lives, and smart home tech companies hope to do the same thing with your home.

There is no shortage of competition for access to your home in the form of remotely controlled lighting, sprinklers, HVAC, and more.

And, while some state of the art systems might attract potential buyers, it’s important to remember that smart home tech is a fledgling industry.

That means that the tech is constantly evolving and might not be relevant or useful to potential buyers when it comes time to sell your home. (It would be like trying to sell an iPhone that is 4 generations too old for anyone to want it anymore.)

Home security

While home security technology is still rapidly changing, there is a benefit to having a system installed that can help woo potential buyers who are concerned about the safety of their family.

Aside from safety, this tech can also be just plain convenient and time-saving. Smart door locks can sync with your smartphone to unlock when you arrive at your home and lock when you leave, shaving a few seconds off of your daily routine.

Solar panels

One benefit of installing solar panels on your roof is that you can then show potential buyers physical evidence of the amount of money they can save each month on their utility bills.

However, it should be noted that there are some exciting new residential solar solutions coming to the market in the near future--one example being Tesla’s solar roof that looks almost exactly like a regular roof but generates electricity for your home.

So, when considering new technology for your home to boost its resale value on the market, remember that technologies are still changing. Keep your timeline for sale in mind, and try to avoid tech that will be obsolete before you plan on putting your home for sale.





Posted by N.B.Taylor & Co., Inc. Realtors on 11/4/2019

A home is one of the biggest purchases that an individual can make in his or her lifetime. It also may prove to be expensive, particularly for those who fail to plan ahead for the property buying journey.

There is no need to break your budget to acquire your dream residence. In fact, there are many quick, easy ways to guarantee you can keep you finances in check and avoid the risk of spending too much to purchase your ideal house.

Now, let's take a look at three tips to ensure you can buy a quality house at a budget-friendly price.

1. Get Pre-Approved for a Mortgage

You want to buy a home, but you still have no idea how much you can spend on a residence. Thankfully, if you get pre-approved for a mortgage, you can enter the real estate market with a budget in hand. As a result, you will know exactly how much you can spend on a house and can plan accordingly.

Banks and credit unions employ friendly, knowledgeable mortgage specialists who are happy to meet with you. These mortgage specialists can review your income, credit score and other relevant financial data. Then, they can provide you with mortgage options based on your finances.

2. Narrow Your Home Search

Although most people want to buy a mansion, it is important to establish realistic homebuying expectations. Because if you narrow your home search to properties that fall within your price range, you can speed up the property buying journey. Perhaps most important, you can shop around to find a terrific home that corresponds to your budget.

Don't forget to consider homes in a variety of cities and towns too. In some instances, it may prove to be more cost-effective to purchase a house in a small town than a residence in a big city.

3. Evaluate Your Short- and Long-Term Plans

Think about your short- and long-term plans, and you may be better equipped than ever before to map out your home finances for the foreseeable future.

For instance, if you plan to raise a family in the years to come, you may want to consider the costs associated with childcare and other child expenses. This will allow you to budget properly as you search for your dream home.

On the other hand, if you recently accepted a work promotion, your income soon may rise. In this situation, you may be able to increase your homebuying budget due to the fact that extra income will be coming your way.

Lastly, as you get ready to search for a house, you may want to hire a real estate agent. In addition to helping you find a home that matches your budget, a real estate agent will offer expert guidance throughout the property buying journey. He or she will help you prepare for a home inspection, closing and other important steps during the homebuying process. By doing so, a real estate agent will help you seamlessly navigate the homebuying journey and achieve the optimal results.




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Posted by N.B.Taylor & Co., Inc. Realtors on 10/28/2019

The shed is a space that’s useful for storing tools and equipment; homeowners who have a lovely garden they maintain themselves might not pay any attention to their shed after use. The shed is useful if appropriately used and organized, making it easier to find and locate tools when needed. During the spring and summer period, homeowners use the shed more often. The period before winter, homeowners should ensure they have their shed adequately arranged and organized to avoid staying out in the cold looking for a snow shovel.

To arrange your shed is not a difficult task, and you can do it in no time if you follow the steps highlighted below.

Install A Track

Installing a track in your shed is a great way to keep tools of different size organized and easy to locate. Mounting it reasonably high above the ground would create room on the floor and also make it difficult for kids to have access to tools. The track is easy to install making it ideal for your shed. 

Create An External Cupboard

When it comes to storing tools and gardening equipment, cabinets and cupboards come in handy. Installing a garden cupboard to hold supply you often use outside your shed is a smart way to keep your shed organized while making it easy to access tools regularly used. External cupboards outside help free space inside the shed and make cleanup easier. 

Consider Pegboards

Pegboards is a great way to keep things organized within and outside your shed. Install pegboards on your wall, make use of the right hooks and attachment and your wall would turn out as arranged as you want it to look. Making use of the pegboards keeps Smaller tools like your hand shovel and spanners in a place and off the floor. For an additional solution, label each part according to the tool type–makes it easier to locate items. 

Jars For Smaller Items

Smaller tools like nails and screws might cause a problem when you need to locate. For a complete organization, devices such as this should fit inside jars just at the bottom end of a shelf inside the shed. Depending on the size of the tool, jar containers can vary in sizes. Ensure each jar is appropriately labeled to avoid mixing up items. 

Magnetic Strips

Using a magnetic strip is a unique way to keep your tool organized and properly stored. Metallic items need not remain on the floor anymore, free up floor space with the use of magnetic strips and hangers. 

The steps detailed above are great ways to organize your shed, making it convenient and easy to locate tools and items at no cost to you.




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Posted by N.B.Taylor & Co., Inc. Realtors on 10/21/2019

The homebuying journey can be long and arduous, particularly for an individual who makes mistakes along the way. Fortunately, an informed homebuyer can identify potential problems early in the homebuying journey and take the necessary steps to resolve such issues without delay.

Now, let's take a look at three common mistakes that homebuyers make, along with the best ways to eliminate these problems before they escalate.

1. A homebuyer spends too much time debating whether to submit a home offer.

The housing market moves quickly, and a homebuyer who hesitates to submit a competitive offer on a residence risks losing this house to a rival homebuyer.

Ultimately, it pays to learn about the real estate market. That way, if you fall in love with a house, you'll be better equipped than other homebuyers to submit a competitive offer before it's too late.

Check out the prices of houses in cities and towns where you'd like to live. This may help you narrow your search for the perfect home and provide housing market data that highlights how much it may cost to acquire your dream residence.

Also, take a look at the prices of recently sold houses in different areas. This will enable you to determine whether you're working in a seller's market or a buyer's one.

2. A homebuyer foregoes a home inspection.

Even though a homebuyer may want to rush through the purchase process, there is no reason to forego a home inspection.

When it comes to buying a residence, it is always better to err on the side of caution, and a home inspection offers a valuable opportunity to learn about a house's condition and uncover any "hidden" problems with a residence.

For example, a home inspection may reveal roof damage that could lead to thousands of dollars in roof repairs in the near future. On the other hand, a home inspection may show there are no major issues with a residence, thereby verifying that a house is a sound investment.

Don't forget to consider a variety of home inspectors before you schedule a property inspection. This will ensure that you can find a home inspector who possesses the necessary skills and expertise to perform a deep evaluation of a home before you finalize your purchase.

3. A homebuyer tries to purchase a house without support from a real estate agent.

For those who want to streamline the homebuying process, expert help may be necessary. Luckily, you can hire a real estate agent who can help you seamlessly navigate the homebuying journey.

Real estate agents are easy to find in cities and towns nationwide. Meanwhile, these housing market professionals are available to help you narrow your home search, submit offers on residences and much more.

If you need additional help during the homebuying journey, it usually is a good idea to hire a real estate agent. By doing so, you can receive the expert guidance and support that you need to go from homebuyer to homeowner.




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Posted by N.B.Taylor & Co., Inc. Realtors on 10/14/2019

Although a home seller wants to enjoy a quick, seamless home selling experience, problems sometimes can arise along the way. And if a home seller is not careful, these issues may cause him or her to encounter one of the dreaded home selling worst-case scenarios.

Ultimately, there are many home selling worst-case scenarios that a seller should try to avoid at all costs, and these scenarios include:

1. A home is priced too high.

A home seller should establish a competitive price for his or her residence from the get-go. Because failure to do so could force a residence to linger on the housing market for weeks, months or years.

To determine a competitive price, it helps to conduct plenty of real estate market research. Looking at the prices of recently sold houses in your city or town can help you determine whether you're preparing to enter a buyer's or seller's market. Also, examining the prices of comparable houses in your area can help you narrow your price range.

Furthermore, a property appraisal is a viable option for all home sellers, at all times. During an appraisal, a home expert will assess your residence and provide a property valuation. Then, you can use the property valuation to price your home accordingly.

2. A homebuyer requests a price reduction or major repairs after an inspection.

A home inspection generally takes place a few days after a seller accepts a buyer's offer on a residence. If this inspection reveals a wide array of home problems, it could jeopardize a potential sale.

It often helps to complete a home inspection before listing a residence. This inspection allows a seller to identify any home problems and resolve these issues immediately.

In addition, a home seller should understand his or her options after an inspection that reveals myriad home problems.

If a buyer requests a price reduction or home repairs after an inspection, a seller can agree to the buyer's terms or counter a buyer's proposal. Or, if a seller feels a buyer is being unreasonable, he or she can walk away from a home sale and relist his or her residence.

3. A home seller hires a real estate agent who lacks comprehensive industry experience.

If a seller hires a real estate agent who lacks comprehensive industry experience, he or she risks a long, arduous home selling experience.

There is no need to hire an inexperienced real estate agent. In fact, dozens of top-notch real estate agents are available nationwide, and these housing market professionals can help you achieve your home selling goals in no time at all.

The ideal real estate agent will know the ins and outs of the housing market. Plus, he or she will be able to guide you along each stage of the home selling journey and do whatever it takes to promote your residence to the right groups of buyers.

Enjoy a fast, profitable and worry-free home selling experience – consider the aforementioned home selling worst-case scenarios, and you can minimize risk throughout the home selling journey.




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