Sherry Bourque - RE/MAX Main Street Associates



Posted by Sherry Bourque on 12/2/2018

Buying a new home is an exciting experience. Who doesnít love new thingsóand a new home at that? But a new home is also challenging and intimidating. If you have left a home that you adored then this new home has high expectations. And if itís your first home then such an investment is a big step and can be intimidating for that reason. But one thing that can be agreed upon is the need for this house to feel like your home. Letís look at a few simple tips for making your new house truly feel like your home.

Family Heirlooms: Have a family heirloom that has been passed down from generation to generation? These types of keepsakes could range from an afghan that a great-grandparent or grandparent had knit, various antiques, clocks, diaries and recipes. You can display recipes on a kitchen counter or you can even get creative and design custom wallpaper from the recipe cards. Grandfather clocks fit the atmosphere of home offices and formal living rooms. There are tasteful ways to add each one of these into your home and preserve the memory of these keepsakes.

Photos & Artwork: What better way to bring personality and familiarity into a home than photos of family and friends or artwork from a favorite artist or of your favorite place. A popular approach is a grid-like arrangement created on large, open walls. This is one way to display many beloved photos without creating clutter on tables or other pieces of furniture. A long wall along a hallway would be a great place to display larger photos or artwork that would run horizontally. This is especially nice for sequenced pieces such as change of season photos.

DIY projects: Add your personality to your home with DIY projects. Mason jars, glass vases, and wine bottles can be turned into beautiful home dťcor with only a few materials and a couple hours. Items like rope, artificial flowers, ribbon, and glitter are just a couple examples of supplies that can be used to turn those simple items into a homemade masterpiece.

Memories: Last, but certainly not least, create memories.This is the easiest and quickest way to make a house feel like a home. Things as simple as cooking dinner with your loved ones and as extravagant as starting a family are amazing memories to make. And the first time you remember something special happening in your home will be an amazing feeling. Youíll truly feel like youíve left your mark and turned four walls into something extraordinary.

Itís crucial that you add your personal touches to your home, especially if itís going to be your forever home. Itís the place you will spend most of your time, besides work. The tips above are just a couple examples of ways to help add your personality in the home. Be creative and most of all be genuine and your home will feel like itís been yours forever.  





Posted by Sherry Bourque on 11/11/2018

Conducting an in-depth home search may prove to be difficult, particularly for individuals with limited time and resources at their disposal. Fortunately, there are lots of things that you can do to streamline your home search and discover your ideal residence without delay.

Now, let's take a look at three tips to help you seamlessly navigate the homebuying journey.

1. Create Homebuying Criteria

Not all homes are created equal, and the dream house for one buyer may differ from the dream house for another. However, if you craft homebuying criteria, you can define your dream house and map out your property search accordingly.

Think about the features you want to find in your dream residence. For instance, if you want to own a house that features a dazzling backyard, you can explore residences that offer this feature. On the other hand, if you want to purchase a home that boasts multiple bedrooms, you can search for residences that provide plenty of space.

Consider where you want to reside, too. By doing so, you can narrow your home search to residences in a select group of cities and towns.

2. Know Your Homebuying Budget

Get pre-approved for a mortgage Ė you'll be happy you did. If you enter the real estate market with a mortgage in hand, you'll know exactly how much you can spend to acquire your dream residence. Then, you can search for houses that fall within your price range.

Obtaining a mortgage will require you to meet with banks and credit unions. You should review mortgage options from a variety of banks and credit unions, as this will allow you to select a mortgage that complements your finances.

Don't hesitate to ask mortgage questions, either. Banks and credit unions employ home financing specialists who are ready to respond to your mortgage queries. Plus, these specialists can offer home financing insights to help you make an informed mortgage selection.

3. Hire a Real Estate Agent

A real estate agent understands the challenges associated with finding a great house at an affordable price. Thankfully, he or she can make it easy for you to conduct an in-depth home search in no time at all.

Typically, a real estate agent will keep you up to date about new houses that become available in your preferred cities or town. If you want to view any of these homes, a real estate agent will set up a house showing. And if you find a home you want to buy, a real estate agent will help you craft a competitive offer to purchase this residence.

As you get set to search for your dream home, you should try to prepare as much as you can. By using the aforementioned tips, you can simplify the process of conducting a comprehensive home search. Best of all, you can use these tips to discover a wonderful home that is sure to serve you well both now and in the future.





Posted by Sherry Bourque on 10/14/2018

Home prices may vary greatly throughout the country. But, buying a home is most likely the largest purchase you will make in your life.

Deciding just how much to spend on your home isnít just a matter of numbers--it also depends on your lifestyle and long-term goals.

In todayís post, Iím going to give you a few ways you can help determine how much is a safe amount to spend on your home so that youíll feel confident moving into the home buying process that youíre making the best decision for you and your family.

Mortgage as a percent of your income

Like most large purchases, buying a home typically isnít dependent on the amount you have in the bank. Rather, it depends on several factors including your income, credit score, and the type of lifestyle you want to maintain.

One of the simplest ways to determine how much house you can afford is to figure out what percent of your monthly income your mortgage and insurance will be.

For most homeowners, a mortgage payment that is 25% of their income or less is ideal. So, if you earn $6,000 per month, you donít want your monthly mortgage payment to exceed $1,500.

This ď25% ruleĒ does have one flaw, however, and that does not--and cannot--account for each individualís financial circumstances.

Letís say, for example, that you earn $6,000 per month, but that you have a large monthly car payment and are trying to aggressively pay off your student loans. You might find that paying another $1,500 toward a mortgage on top of your current bills is bringing you over budget, especially when combined with your other monthly expenses and retirement contributions.

Plan for homeowner expenses

Another caveat to determining how much to spend on a home is that the home itself will require a budget for maintenance. When renting an apartment, repairs are mostly the responsibility of the landlord or property manager.

Homeownership, on the other hand, requires you to make the repairs yourself or hire a professional. And, if you neglect these repairs, you might find that they cost you even more in the long run or drive down the value of your home.

Create a comprehensive budget

Throughout a given personís life, theyíll experience raises, promotions, layoffs, medical expenses, childcare costs, and any other number of financial changes. While it isnít possible to foresee all of the financial fluctuations youíll experience in life, it is always helpful to have a comprehensive budget.

What do I mean by ďcomprehensive budgetĒ? The goal of a good budget is to know where each dollar of your income is currently going and to have a plan for each cent that you make. This is a proactive approach to budgeting that will give you an exact number for the amount you can afford when it comes to a mortgage payment.

Within your budget, itís vital to account for things like an emergency fund, retirement, savings for vacations, and so on.

If you take this due diligence, not only will you have a better sense of where your money goes, but youíll also be confident in knowing exactly how much you can spend on a home.




Tags: Buying a home   budgeting  
Categories: Buying a Home   budgeting  


Posted by Sherry Bourque on 9/30/2018

If you plan to purchase a house in the foreseeable future, it generally is a good idea to plan ahead for all of your potential homebuying costs. That way, you can secure the funds you need to purchase your dream house.

Now, let's take a look at three costs that every homebuyer needs to consider during the property buying journey.

1. Credit Report

A lender likely will request a verified credit report before it provides you with a mortgage. The fee for a credit report usually is minimal, but it is important to note that this fee adds to the overall cost of purchasing a house.

Oftentimes, a homebuyer can get pre-approved for a mortgage and pay a credit report fee prior to conducting a house search. On the other hand, if a buyer wants to secure financing from a lender after he or she discovers the perfect house, the cost of a credit report may be incorporated into this individual's home closing costs.

2. Home Inspection

A property inspection is crucial, as it ensures a property expert can analyze a house and identify any underlying problems with it before a buyer finalizes his or her home purchase. As such, it is paramount to account for home inspection fees to ensure you have the funds available to hire an inspector who can perform an in-depth evaluation of a house.

The cost of a home inspection varies based on the size of a residence. Meanwhile, there is no need to forgo this evaluation. Because if you ignore a home inspection, you risk encountering costly, time-intensive problems after you buy a residence.

3. Pest or Mold Inspection

A pest or mold inspection is not a requirement if you purchase a new house. Conversely, if you purchase an older residence, it typically is beneficial to inspect it for pests and mold prior to finalizing your house purchase.

Pest or mold inspection costs vary based on a home's size and location. And if you feel a home may be susceptible to pests or mold, you should pay the necessary fees to conduct a pest or mold inspection. Otherwise, you could encounter home pests or mold that may cause major problems down the line.

As you prepare to pursue your dream residence, you may want to hire a real estate agent as well. If you have a real estate agent at your side, you can receive comprehensive guidance as you navigate the homebuying journey.

In addition to teaching you about homebuying costs, a real estate agent is happy to educate you about all aspects of the housing market. Plus, a real estate agent will respond to your homebuying queries and help you make informed decisions as you search for your ideal residence.

When it comes to purchasing a house, it helps to budget accordingly. If you consider the aforementioned homebuying costs, you can craft a homebuying budget and speed up your quest to discover your dream house.




Categories: Buying a Home   buying tips  


Posted by Sherry Bourque on 9/23/2018

Believe it or not, an inspection may make or break a home purchase. And if a homebuyer fails to allocate time and resources to perform a comprehensive inspection, the consequences could be severe.

Ultimately, there are many reasons to conduct an extensive inspection before you finalize a home purchase, and these include:

1. You can identify any underlying structural problems with a house.

A home inspection provides a valuable learning opportunity for a homebuyer. In fact, an inspection can help you identify any underlying structural problems with a house before you complete your purchase.

During a home inspection, a property expert will examine a residence both inside and out. When the property expert has completed his or her inspection, this professional will provide you with an inspection report.

As a homebuyer, it is important to review all inspection report results closely. With these home insights, you can decide whether to proceed with a house purchase or reenter the real estate market.

2. You can assess the costs associated with various home repairs.

A comprehensive home inspection enables you to learn about a wide range of home problems. After you receive a home inspection report, you can analyze the costs associated with various home repairs as well.

If you find that home repair costs could be substantial, you may want to ask a seller to complete assorted home improvements. Or, you can always request a reduced price for a home due to its condition.

Furthermore, if you are overwhelmed by potential home repairs, it is important to remember that you can still walk away from a home purchase. And at this point, you can restart your home search from square one.

3. You can determine whether a home is a viable long-term investment.

A home generally is a long-term investment, and as such, you should strive to optimize the value of your house purchase. Thanks to a comprehensive home inspection, you'll be in a great position to do just that.

With an in-depth home inspection, you can identify a house's strengths and weaknesses. And if you feel comfortable with a house after an inspection, you can finalize your home purchase and reap the benefits of a successful investment.

When it comes to conducting a home inspection, it helps to collaborate with a real estate agent. This housing market professional can put you in touch with the top local home inspectors to ensure you can receive expert support as you evaluate a residence.

Let's not forget about the assistance that a real estate agent can provide throughout the homebuying journey, either. A real estate agent can set up home showings, help you submit offers on houses and much more. As a result, a real estate agent will make it easy for you to enjoy a successful homebuying experience.

Ready to pursue your dream house? Consult with a real estate agent, and you can receive plenty of support as you proceed along the homebuying journey.







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