Getting Kids Involved In Your Home Search.

Involving your kids

Children are becoming more and more involved in the search for real estate, especially as children wait longer to leave the nest and complete their education. Depending on the age of your children, they can use technology to find homes for sale or even be an integral part of determining how much house you can afford.

Mel Foster Co. lists all home for sale, from every listing company, at www.melfosterco.com. Your kids can help you filter by price, bedrooms and other options that are important to you.

The free Mel Foster Co. app can be downloaded to find all homes for sale around a particular location. Once you have the app downloaded to your phone or tablet, your tech-savvy child can launch the Foster Finder to activate your device’s camera and GPS to identify listings while you drive. It’s a fun way to get kids involved on the drive home from school or a friend’s house. And having a helper while you drive is the safe way to search on the go.

Children of all ages can benefit from the financial lessons that go along with buying a house. Searching within a budget is an easy lesson for younger children while budgeting for expenses like homeowners insurance, taxes, inspections and closing costs is a valuable exercise for older children who may soon be buying their first home.

Make your home search a family affair and involve your kids at an age appropriate level.

Property Virgin Buyers’ Tips.

Property VirginsIf you’re considering buying a home in your 20s, or just for the very first time, it may seem like a daunting task. It may not be easy, but with this helpful guide you’ll be able to confidently search for a home that’s right for you and your plans for the future. Break it down into smaller portions, and it becomes much easier, and less stressful, to buy a home.

The first thing you need to think about is how long you’re planning on staying in this new home. Are you looking for a forever home? Somewhere you can stay for a few years? These are important questions when it comes to finding the house you’re looking for.

You should decide if the house is just for you, or a future family that will live in the house for the next 20 years. Deciding what type of house you are searching for can help narrow the search and help your agent know what you’re looking for in a home.

The last step is extremely important, and may seem obvious, but always needs to be considered when it comes to finding your new home. You have to find a home that is within your price range. Remember to think about how long you could be able to afford the mortgage if you were laid off from your job, or pursuing other personal ventures. Whatever your plans are for buying a house, make sure that they are financially feasible.

Mel Foster agents are experts at finding homes that fit your needs. Click here to view new listings and start your home search today.

Mel Foster Co. Receives Relocation Recognition

MF LOGO WITH LRE LOGOLynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that their Relocation Division, lead by Deb Boland, has been recognized as a recipient for the 2014 Global Alliance Club by Leading Real Estate Companies of the World®.

Leading Real Estate Companies of the World® is a global network of over 500 premier real estate firms.  Leading RE is comprised of select independent real estate companies who set the standard of quality service, while generating a highest volume of referral, relocation, and real estate business opportunities for its members.

Mel Foster Co.’s Relocation Department is one of 37 real estate companies to receive this honor.  In order to be a part of this prestigious club, at least one referral must be sent and closed across country borders. The referral was to Alberta, Canada, therefore Mel Foster Co. can make it happen anywhere.

Not So Fast…Five Things To Check Before Writing An Offer.

Do they work?
Do they work?

You’re in love. The house seems perfect and you almost don’t want to know if it’s not. But before you blindly make an offer, be sure to check these five things.

Assess the grounds

Even if it’s cold and snowy, do a thorough walk around of the yard checking for drainage issues, major concrete shifts or cracks in the foundation.

Open every door and window

Check the locks, evaluate the operation and make sure every door and window opens and closes properly. Also check for any cracked glass that may be hidden behind window treatments.

Turn on every appliance

Be sure to check the stove, refrigerator and dishwasher in the kitchen and don’t forget the washer and dryer if you are asking for those items to be left for you. Also run both the furnace and central air to be sure the systems are functioning properly.

Check the water

Turn on each faucet and check for water pressure and leaks. Also flush every toilet. Be sure to check outdoor faucets.

Turn on the lights

Every interior and exterior light should be turned on. Also test the speed of ceiling fans and check the fan in the bathroom and the vent hood above the stove. If a light is not functioning, determine if it’s a burned out bulb or an electrical issue.

Doing this quick checklist will uncover major issues, before you write up an offer or schedule a home inspection. For added peace of mind after you move in, consider purchasing a Mel Foster Co. Advantage Home Warranty Plan.

For more information on The Mel Foster Co. Advantage Home Warranty Plan, contact one of our experienced professionals.

Five Tips For Selecting The Best Contractor

What are you looking for in a Contractor?
Selecting a Contractor

Home improvement projects aren’t cheap. They are even more costly if you choose a bad contractor. These tips will help you discern the quality of the work your prospective contractor provides and protect your interests during the project.

Ask your friends for referrals

Skip the phone book and go right to the friends you trust for their opinions. Even if they tell you about a bad experience or give you the names of contractors to avoid, this is great information to have.

Make a list of the work you need done

You don’t want a contractor that is great at building decks to be doing your major kitchen remodel. Determine the scope of the work you need done, so as you interview prospective contractors, you can line up their expertise with your needs.

Look at the contractor’s past jobs

Every reputable contractor should provide you with a list of references you can call, or even visit, to see the quality of the work done. Take advantage of the opportunity to see the work for yourself.

Get it in writing

Once you’ve selected your contractor, get a contract written up and thoroughly review it with your contractor before signing the agreement for work.

Be money smart

Be weary of a contractor who asks for more than 10% down. If your contractor can’t start work for several weeks, never give more than a $1,000 deposit.

Once work begins, pay your contractor in increments of 10% as project goals are met. Arrange for the final payment 30 days after completion of the job.

 

Mel Foster Co. Nominated for Performance Awards

Mel Foster Co Relocation Nominated for Leading RE AwardsLynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that their Relocation Division, lead by Deb Boland, has been nominated by Leading Real Estate Companies of the World® for five  2013 Awards.  Mel Foster Co. is one of five real estate companies nominated for these awards in their size category. The five Awards of Excellence nominations include:

  • Equivalent Closing Sales Production – determined by the number of closings with the average sales price for 2013
  • Outgoing Sales Production – determined by the number of outgoing closings
  • Outgoing Referral Production – determined by the number of outgoing referrals
  • Incoming Conversion Rate – determined by the number of incoming closings with the number of incoming referrals
  • Crown of Excellence – awarded to the member with the highest points total earned from performance ranking within their company-sized categoryThe awards will be presented during the Annual Performance Awards Dinner and Ceremony in Las Vegas later this month. For the past 19 years, Mel Foster Co.’s Relocation Division has been nominated for an award from Leading Real Estate Companies of the World®.

Leading Real Estate Companies of the World® is a global network of over 500 premier real estate firms.  Leading RE is comprised of select independent real estate companies who set the standard of quality service, while generating a highest volume of referral, relocation, and real estate business opportunities for its members.  Mel Foster Co. has been with the prestigious affiliation for 20 years.

5 Hot Trends In New Construction

You’ve decided to build for the freedom to select the amenities and finishes that match your lifestyle and tastes. Here’s a list of five trends to discuss with your builder.

1. Smart House
Automating systems like heating, AC, security and lights can save you money. You can even control systems when you aren’t home by using your iphone.

2. Media Madness
Media rooms that only serve one function are becoming a thing of the past as home sizes shrink. Media still plays a huge role for many when deciding on a home layout, but the media rooms now have more comfortable seating, tables and good lighting. They are intended for more frequent usage than movie theater style rooms of the past.

3. Bye Bye Bulk
Smaller new homes call for smaller furniture pieces, including built ins. Consider swapping out a heavy wall of cabinets for floating shelves. Less bulky furniture also allows more natural light in.

4. Go Low
Check out more energy efficient toilets, faucets and appliances. It’s better for your utility bill and the environment.

5. Reclaim It
Go on the hunt for reclaimed materials that can be integrated into your home’s design. Look for rustic wood, light fixtures or cabinet pulls that will give your home a one of a kind feel.


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