Hunting for a new home online is a great place to start your search, but it should not be your end all be all. Good listing agents are excellent at highlighting the best features of the home, but keep in mind there may be more than meets the eye. To make the most of your time and efforts and gather a well-rounded picture of home listings online, keep the following three things in mind.

Stay up to date. 

When you start your search, make sure you find a site that pulls up-to-date listings directly from the multiple listing service (MLS) where real estate agents actively post their most current homes for sale. Many online resources update less often or fail to remove listings that are off the market, making it more difficult to sort through the clutter.

Pictures can be deceiving.

Real estate photographers are experts at showing a home in the best possible light. Many use tools and strategies to boost appeal, such as a fisheye lens to make areas look larger and creative editing to make colors and textures really pop. But, often listings will not contain photos of unappealing parts of the home, like small closets or outdated bathrooms.

See it to believe it. 

Once you find what appears to be your dream home online, call up your real estate agent and schedule a showing. You want to take the opportunity to vet the home in person and explore every part of it before beginning the offer process. Your real estate agent will help you cover all your bases and will ask questions you may not have thought of.

Certified Residential Specialist - Why Not Use The Best

A Certified Residential Specialist® (CRS) is a REALTOR® who has earned certification from the Residential Real Estate Council by completing advanced training and by meeting significant experience requirements. Working with a CRS will make a real difference in the purchase or sale of your home since they have been trained to help save you time and money.

CRSs have professional experience and advanced training to ensure successful, worry-free real estate transactions.

Experience

Certified Residential Specialists® are REALTORS® that have completed a significant number of real estate transactions and have met requirements for advanced training and education. That means that CRSs are experienced professionals who have a proven track record of successful sales and transactions.

Ethics

As REALTORS®, CRSs abide by a strict Code of Ethics and maintain membership within the National Association of REALTORS®. Negotiation Skills As a home buyer or a seller, you face many risks along the way— financial risks, legal risks, even the risk that a home purchase will fall through. A CRS is trained to minimize those risks and negotiate on your behalf to give you peace of mind throughout your transaction.

Negotiation Skills

As a home buyer or a seller, you face many risks along the way— financial risks, legal risks, even the risk that a home purchase will fall through. A CRS is trained to minimize those risks and negotiate on your behalf to give you peace of mind throughout your transaction.

Contact a CRS Today!

Discover how working with me, a Certified Residential Specialist®, can help make your home buying or selling experience a success.

Homeownership! shelter, stability, wealth, and pride

Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride! For decades, homeownership has been an important part of the American Dream!  It is the biggest investment you will make in your life.  But, it's also the most rewarding and exciting.

Times are uncertain right now but statistically, there are reasons you are better off as a homeowner vs a renter.  

Non-Financial Benefits

1. Educational Achievement: Homeownership has a positive impact on academic achievement, including reading and math performance in children 3-12 years old.
2. Civic Participation: “Owning a home means owning a part of the neighborhood.” Homeowners have a stronger connection to their neighborhood and are more committed to volunteer.
3. Health Benefits: Adjusting for a range of demographic, socioeconomic and housing-related characteristics, homeowners have a substantial health advantage over renters.
4. Public Assistance: The reports show 47% of homeowners use their home equity credit lines to help pay other debts, diminishing their need for public assistance.
5. Property Maintenance and Improvement: A well-maintained home not only generates benefits through consumption and safety, but a high-quality structure also raises mental health.
6. Pride of Ownership: This place is unique.  It's “yours.” You can customize it according to your likes and personality.

In addition to financial benefits, homeownership also brings significant social benefits. These not only pertain to the family, but extend to the communities, the state, and the country!

Financial Reasons - Buying a home is an investment in your future!

1. Appreciation: On average, home prices are appreciating annually at a rate of 3.6%. This helps to create a safety net.
2. Forced Savings: Your mortgage is like a forced savings plan! With each payment, you are reducing the principal of your loan.
3. Home Equity: Homeownership builds equity every single month. You can later use that equity to start a business, send your children to college, etc.
4. Net Worth: A homeowners’ net worth is 44x greater than renters! This gives you the financial freedom to invest.  
5. Stability: Rent prices are projected to increase by 2.3% in 2020! A fixed mortgage payment allows you to save for future projects and guard against inflation. According to the National Association of Realtors, after 6 years, you will be putting money in your pocket vs renting.  
6. Tax Benefits: The government has created tax benefits to encourage customers to purchase. (Talk to your CPA to see which benefits apply to you).

Statisticians/economists at the National Association of Realtors research these facts daily and have for centuries.  Don't put off having shelter, stability, wealth, and pride of ownership.  You deserve that to yourself.  

How Martin Luther King Day Relates to Federal Fair Housing

Today is Martin Luther King Day.  Celebrate Civil Rights and the Federal Fair Housing Act.

Five days after the assassination of Martin Luther King Jr, the Federal Fair Housing Act was passed.  It essentially extended the same discrimination protections contained within the 1964 Civil Rights Act to the housing industry.

Within the Federal Fair Housing Act, those individuals (realtors, lenders, property managers, etc) who facilitate a housing transaction must adhere to the rules of this Act. 

The classes of people this act protects are:

• Color
• Disability
• Familia Status  
• Parents who have one or more children under the age of 18 living with them.
• Legal guardians who have one or more children under the age of 18 living with them.
• The designee of the parent or legal guardian of a child under the age of 18. This designation must have been made in writing by the child’s parent or legal guardian.
• A person in the process of being granted legal custody of a child under the age of 18.
• Pregnant women.
• National Origin
• Race
• Religion
• Sex

Examples of discriminatory housing allegations based on membership in a protected class may include, refusal to rent, unequal terms and conditions, discriminatory financing, failure to provide reasonable accommodation or modification for a person with a disability, refusal to sell, and retaliating against someone who has exercised his/her fair housing rights.  These are just a few examples.  

We've come a long way since Dr. King changed the world, but we still have a ways to go.  Discrimination still exists in our country, even in the housing industry.  If you feel you are a victim of Federal Fair Housing, you have one year to file a complaint with the Colorado Civil Rights Division

Here at Turn Key Realty, our agents have taken extensive training on Federal Fair Housing.  We pride ourselves abiding by the rules set for by National Association of Realtors and Federal Fair Housing.