Moe Mathews – Marketer

Why Location is the Most Important Factor in Real Estate

Location is the most essential factor when deciding where to buy a home. It can either be a positive or negative aspect depending on your perspective. For example, if you’re looking to live in a historic district with great access to culture and restaurants, then location may not be as important as you think. However, if you are interested in purchasing a home in a desirable neighborhood but don’t want to sacrifice family values by living alone, then location might be paramount. In this post, licensed realtor Moe Mathews will explore the importance of location when buying a home and why it’s different for real estate investors compared to other property owners.

How Important is Location When Buying a Home?
As mentioned above, location is the most important factor when buying a home. If you’re interested in purchasing a home in a desirable neighborhood but don’t want to sacrifice family values by living alone, then location might be paramount. The same can be said for those buying a primary residence. If you’re looking to purchase a primary home, then location is essential. After all, if you’re not where you want to be, it may be very difficult to get motivated to make changes or adjustments to your home that would benefit you.

Why Location Is So Important When Buying a Home
The most important reason to buy a home is to fit your family’s needs. If you have children, then a house that is close to their school will make it much easier to send them to school and have them return home safely. If you have elderly parents that might need extra assistance, then a house nearby will make it much easier to help out if and when needed. If you are a student and searching for a place to live, a close-by house is going to be much less expensive than renting a few miles away.

Reasons to Buy a Home in a Great Location
If you’re going to buy a home, then it makes sense to search for a home with great potential for value. With that in mind, here are a few reasons to consider buying a home in a great location: Predictable cash flow – If you’re buying a home with the intention of holding onto it, then location is going to be extremely important. You want to make sure that the location you choose is one that is close to family and friends, but located in a neighborhood where you can also make a good living. Good up-to-date neighborhood – Up-to-date neighborhood is something that can’t be emphasized enough. You don’t have to search very far in any direction to discover that many homes in the area have issues. The house directly across the street from you has a huge HVAC problem, there are rats running around the yard, and the house across the street is a bit of a mess. The neighborhood has serious issues, in other words, but it’s still listed as a great location.

Conclusion
The importance of location can either be a positive or negative aspect depending on your perspective. For example, if you’re looking to live in a historic district with great access to culture and restaurants, then location may not be as important as you think. However, if you are interested in purchasing a home in a desirable neighborhood but don’t want to sacrifice family values by living alone, then location might be paramount.
With that in mind, here are a few tips to make the most of your real estate investment: Shop around for lots. You want to make sure that the lot you select is in a great location. Make sure that your house is in good shape. Good maintenance could increase the value of your home by as much as 10%. Don’t make any major purchases that might significantly impact your monthly income. This includes landscaping, roofing, plumbing, electrical, etc. Make sure that these purchases won’t significantly impact your monthly budget. When you are looking at home options, don’t be afraid to compare price per square foot. This really is the best indicator that you can have of how much house you’ll be paying per square foot in comparison to other homes in your area.

House Hunting Tips for First-Time Buyers

The first time you buy a home, it’s probably the most important purchase you’ll make. But, since there are so many variables when buying your first home (like quantity of bedrooms and price range), it can be tricky to know what to expect. Luckily, real estate professional Moe Mathews has some great tips for making the process of buying that first home a lot less nerve-wracking. So, let’s get started!

Decide When You’ll Buy a Home
Like any big purchase, the first time you buy a home you’ll want to do your research and decide when is the best time to buy. There are a few different variables you’ll want to take into consideration: How quickly do you want to move? Are you looking to move in immediately or wait a while before moving in with your partner? How much equity do you have in your current home? Are you interested in saving for a larger purchase? If you’re going to be living in the home for a long time, are you interested in getting into real estate investing? If you’re interested in buying a home that’s close to where you work or where you want to live, during the off-season.

Gather as Much Information as You Can
When you’re looking to buy a home, you’ll want to gather as much information as possible to make sure you’re aware of all the features that come with the home you’re interested in. Here are a few things to keep in mind: Current home value: This will help you understand the home’s market value and will help you decide whether or not to offer. If you’re not sure how much your home is worth, you can always hire a appraiser to get it certified. HOA (Home Owners’ Association) fees: Many communities have HA fees, which are paid by the homeowner and go to the association. These fees may increase when your home is eventually sold, so make sure you know what they’re associated with. Water and sewer rates: Be sure to get an accurate idea of what your water and sewer rates will be. Some areas have a tiered system where the homeowner has to pay more for less usage. You’ll also want to make sure you understand your monthly bill and make a budget for it.

Find a Home to Buy In That Match Your Needs
Once you’ve gathered as much information as possible, it’s time to start looking. First, you’ll want to find a home to buy in that fits your criteria. These are the characteristics you’ll want to determine if the home is a good fit: Is it in good shape? This one’s important, because you’re likely going to spend the majority of your time in the home, so it's essential that it's in decent shape. Do you like the layout? There are tons of different layout styles, and you’ll want to make sure you like the style that the home has. Do you like the style? The décor, finishes, and size all play a role in deciding whether or not a home is right for you.

Set Up an Appointment to Hire a Real Estate Agent
Once you’ve determined what type of home you want to look at, you’ll want to schedule an appointment with a real estate agent to show you houses. This is the best way to ensure you get a feel for the home being shown and to make sure the home is exactly as you want it.

Don’t Be Afraid to Ask for Help with Your List
Just because you’re brand new to the game doesn’t mean you’re completely out of it. You’ll likely need help with a lot of stuff, so don’t be afraid to ask for help. Some of the things you’ll probably want to get help with are organizing your finances (i.e. figuring out what your monthly budget is) and preparing an up-to-date home inventory (i.e. figuring out what’s currently worth buying and what’s not).

Conclusion
You’re now well-versed in what to expect when purchasing your first house. From deciding when to buy a home to getting help with your home inventory, the process is easy once you’ve done it once. Once you’ve found a home you like, it’s time to get ready to shop. There are many different ways to go about this, but the most important thing is to take your time and don’t be afraid to ask questions! When you’re ready to buy a home, the process is simple and easy. Now all you need to do is choose the right home and enjoy the home-flipping lifestyle!

Three Tips for First-Time Homebuyers

Getting your first home is an exciting and important milestone. Though it can feel daunting at times, it can transform your life for the better. If you're buying your first house, you may be wondering what's going on in the housing market today, how much you need to save, and where to start.
To help you pursue your dream of homeownership, real estate professional Moe Matthews has outlined three tips for first-time home buyers as they tackle the home-buying process.

Decide What Type of Home You Want
Before you begin your research, it’s important to decide what type of home you want to buy. There are many different types of homes available, and you may want to shop around to see what other homebuyers are looking at. If you’re going with a traditional home, then you may be interested in a fixer-upper. If you’re a first-time homebuyer, then you may want to start looking at homes that have been on the market for months. There are tons of different criteria you could use to decide what type of home you want, but one thing that Moe Matthews recommends to keep in mind is that older homes are often cheaper to fix than shiny new constructions.

Hire a Real Estate Agent
One of the best things about buying a home is that you can hire a real estate agent to help with the entire process. Sure, hiring a real estate agent may cost you a little bit, but in the long run, it will save you a lot of stress and headaches. In addition to scouring the market for homes that meet your needs, a good agent will guide you through the negotiation and closing process. Consult with other recent home buyers for agent recommendations. Interview at least a few agents, and ask for references. Ask potential agents about their experience working with first-time home buyers in your market and how they plan to assist you. The good news is that most real estate agents are friendly and willing to help you out, no matter how new you are to the business.

Look Into Financing Options
At the time you decide to buy your first house, licensed realtor Moe Mathews recommends looking into financing options. You may be tempted to put down as little as possible for your own home, but in reality, that’s not a good look. If you’re able to get a mortgage, then make sure that you do your research and find a lender who meets your high standards. Moe recommends working with at least 4 different lenders to make sure you have a wide selection to choose from. This will help you feel more confident when applying for a loan. Just remember that you’re ultimately trying to get a good deal on your home, so don’t settle for anything less than what you’d like to pay.

How Homeownership Can Bring You Joy

When deciding whether to rent or buy a home, you probably weigh several different factors. If you're currently renting, you might consider making a purchase because of the financial benefits, but you might also be motivated by the desire to own a place that's uniquely your own.
When your rental agreement prevents you from upgrading or customizing your living space, you might want to consider the advantages of owning your own home. Below, licensed realtor Moe Mathews, explains how homeownership can bring you joy.

Shopping for a house can make you happy
Well, there is some truth to this! Shopping for a house can be very exciting, especially if you are a first time buyer. Experienced and award-winning business coach Moe Mathews, says his research shows that homeowners experience significant joy.
Home is more than just four walls and a roof. It is where lives are lived, memories are made, and futures are forged. It is here that people find sanctity and security, where children take their first steps, where families and friends gather, and where accomplishments are celebrated.

You own the house
Homeownership provides a great sense of pride. This is because it's a space that truly belongs to you. In other words, you can paint the walls any color you like, turn up your music, hang permanent fixtures, and decorate your home however you please.
Additionally, homeownership can give you and your family a sense of stability and security. This is an investment in your future - equity that will grow with you as you stay in the home.

You have a say in the home you live in
When you buy a house, you are purchasing an actual property, not a loan against your future income. You get to name the conditions, the layout, the fixtures, and the roof on your house. When you own your own home, you can experience a different sense of pride and freedom, which is difficult to attain when you rent. Remodeling and improving the functionality and aesthetic appeal of a home can result in increased equity at the same time. DIY projects are a great source of self-accomplishment and pride for homeowners, while renters tackling them allow them to live in the home to a higher standard, but in reality only increases the property's value for the property owner, explains Moe Matthews.

It's a place where you can put your personal stamp
This one is pretty important! You get to make this decision about the look and feel of your house, and you can do this in the way that you choose. It could be that you love the traditional look, or you love the cottage look. You get to choose what looks good in your house, and feel confident enough to let it be different from the other houses in the neighborhood. People will definitely notice if you change your house too much, as it will affect everyone who lives in and around your house. This could lead to some interesting conversations and interesting tidbits about your neighborhood.

Conclusion
No matter what stage of life you are in, homeownership can be great for your financial well-being. It can provide you with more flexibility, allows you to make smart decisions, and provides a sense of security. It is also a great way to get involved with the community, meet interesting people, and explore your creative side. Making this move means that you can control your own destiny. You can decide where to live, and how. This decision will affect your life now, and for years to come. So, why the wait? Get started today!