Blog :: 01-2016

First Time Home Buyer Tips and Resources

First Time Home Buyer Tips! 

When I bought my first home last summer, I thought it would be smooth sailing. I assumed that since I work in communications in real estate, I was totally prepared. Oh, how wrong I was! I might spend my day immersed in all things real estate, but when it comes to purchasing your first home, I learned some things along the way. Below are some of my favorite tips to help you tackle purchasing your first home! 

Find a Qualified REALTOR®

I am lucky enough to work in an office with 14 of the most amazing real estate professionals in the Mount Washington Valley, so when it came time to choose an agent to represent me, I had it easy. When looking for an agent, make sure they understand you and your needs. As their client, a REALTOR® is there to protect you, guide you through the entire process, and negotiate a purchase on your behalf. 

Get Pre-Approved FIRST

One of the most important things you can do is to get pre-qualified for a mortgage. Knowing how much you can afford saves a lot of headaches down the road. Being pre-approved keeps you focused on houses within your price range, and it also greatly strengthens your negotiating power when the time comes to put in an offer.

Don’t Judge a Book by its Cover (or bad MLS photos)

Some houses don’t show well on the Multiple Listing Service; the home may be vacant, or there may have been poor lighting when the photos were taken. If you are unsure if a house could be your dream home, call your Realtor, they more than likely know the property and can tell you all about it! Don’t forget things such as paint can be easily and cheaply changed; that red kitchen might not be your style, but you can always change the color after you close on the home. 

Get an Inspection

One of the most important things you can do as a first time homebuyer is get an inspection. An inspection might cost you a few dollars up front, but it can save you thousands down the road. An inspection will tell you if there is anything wrong with the house, or if big ticket items, such as the roof, will need to be replaced. If an inspection reveals things you aren’t comfortable with, you can renegotiate the contract, or withdraw if necessary. 

Put Down the Credit Card

Do not make any big purchases prior to closing on your new home! While getting furniture for your new home is extremely fun, it can also be detrimental to you obtaining a home loan. Hold off on any big purchases or signing on a loan (no co-signing either). You don’t want to be left with a new big screen and couch and no home to place it in! 

Ask Questions

Your REALTOR® is a licensed professional that continually takes education courses to grow their knowledge bank. They are your resource for information. Whether you are looking for an inspector, or have no idea what the association rules mean, there are no silly questions! 

Be Flexible

One of the scariest parts of buying a first home for me was that my closing was delayed due to waiting on an appraisal for my lender. Luckily, my REALTOR® and my lender had both warned me that closing could be held up for several reasons out of my control. It doesn't happen every time, but it is a possibility. Since we knew this, my husband and I planned ahead, ensuring that we still had our rental for an extra month just in case, and had other options lined up if needed. At the end of the day, paying an extra month's rent was well worth it to ensure we weren't left scrambling to find a place to stay! 

Sign up for our FREE Home Buyer Seminar! Learn more and sign up here!

When it comes time for you to purchase your first home, your REALTOR® is there for you. Here at Coldwell Banker Wright Realty, our sole focus is ensuring each real estate transaction for our clients goes as smoothly as possible, and that our clients are happy. Learn more about our agents and staff by clicking here. 

Being Prepared for a Winter Storm in the Mount Washington Valley

Preparing for a Winter Storm in the Mount Washington Valley

Winter storms in the Mount Washington Valley can oftentimes be unpredictable. What is initially forecasted to be a dusting can quickly turn into a good ole fashion nor'easter. Being prepared for whatever mother nature throws at us is key if you're in New England! Below are some of our top tips for preparing for a winter storm. 

 

1. Let there be light! Check the batteries in all of your flashlights, and ensure you have backups. Keep candles on hand in case your batteries run out

2. Charge your phone! Prior to a storm, make sure your cell is charged all the way. Keeping a car charger in your vehicle is a great way to charge it in case of an emergency

3. Gas up! Ensure your vehicle has at least a half tank of gas. Your vehicle can keep you warm in the event of an extended power outage, or be used to charge your phone. 

4. Don't go hungry! Keep plenty of water and food on hand, even if you think the storm will be a quick one. 

5. Listen! Purchase a battery operated radio if you do not already have one. Not only will it keep you entertained in the event of a power outage, but will also give you access to storm updates. 

6. Warm up! Have extra blankets and winter clothes on hand in the event that you lose heat due to a power outage. Remember, you lose most of your body heat through your head, so make sure you have plenty of hats! 

Now that you're prepared for a winter storm, you can get outside and enjoy all that the area has to offer, including skiing, snowmobiling, and showshoeing! 

Coldwell Banker Wright Realty's favorite Winter Activities in and around the Mount Washington Valley

This time of year is one of my favorites. The valley is blanketed in a layer of pristine snow, making every inch of our area sparkle and glisten. Whether you enjoy getting out in the snow, or staying warm inside, below are some of our favorite winter activities! 

Cranmore Cranapalooza

 

Saturday afternoons and during special holidays, join Cranmore for Cranapalooza! This apres ski celebration includes family entertainment, s’mores by the outdoor fire pit, parades led by C-More the Cranmore mascot and face painting. To learn more visit cranmore.com/winter/cranapalooza

 

Ice Castles New Hampshire

 

Beginning in early February, experience the wonder of the Ice Castle in nearby Lincoln. This years ice castle will feature waterfalls, slides, caves, stalactites, thrones, and thousands of LED lights!  I had the pleasure of visiting the ice castles last year, and I have to say it is absolutely stunning! Book your tickets early! For more information visit www.icecastles.com/lincoln

 

Jackson XC Skiing

 

Jackson Ski Touring Foundation presents state of the art grooming on trails throughout the New England Forest. With over 55 trails, XC Skiers and Snowshoers can enjoy groomed trails throughout the Mount Washington Valley. For more information visit jacksonxc.org

 

M&D Productions

 

Join M&D Productions beginning January 14th for Walter Cronkite is Dead, a comedy by Joe Calarco starring Christine Thompson and Karen Gustafson. This performance brings together two women from two separate lives who become the unlikeliest of friends. M&D puts on a great show, don't miss it! To learn more, or purchase your tickets, visit www.yourtheatre.com

 

 

 

 

Image courtesy of Unsplash/Natasha Vasiljeva

 

Chris Major joins Coldwell Banker Wright Realty

 
Chris Major has recently joined Coldwell Banker Wright Realty. Antonella Bliss, one of three owners of the firm, says "I'm very happy to have him on board. Chris has an accomplished background with experience in marketing, publishing, television and client accounts." Lindsey Maihos, (owner) noted, "These are all very strong skills that readily transfer to real estate."
 
Chris Major has a Bachelor's degree in Business Management and  Marketing from Curry College in Massachusetts. His work experience includes marketing for a major ski area, managing a local outdoor television station, publishing a national fly fishing magazine, working as an account executive for a local marketing firm, and working as a National Account Manager for a local software company. Chris Major says "Now it's time to help others enjoy and realize the lifestyle possibilities this wonderful area has to offer."
 
"We just moved into a new office, and we are expanding," says Rose Robinson, one of the principals of Coldwell Banker Wright Realty. "Chris will be a wonderful addition to our team, and, more importantly, a great asset to our clients."
 
Chris Major can be reached by phone at (603) 662-6860 (cell), (603) 447-2117 ext. 300 (office), or email chris@wrightrealty.com. Coldwell Banker Wright Realty is a full service real estate brokerage representing buyers and sellers in both New Hampshire and Maine for more than thirty years. The company is located at 486 White Mountain Highway (Rt 16) in Conway, NH, just north of the Tech Village and on the left. For more information visit www.WrightRealty.com, email: Info@WrightRealty.com, or call (603) 447-2117.