Tina Bilazarian Group
Tina Bilazarian Daily Emails Tina Bilazarian reviews


Posted by Bilazarian Group on 6/20/2019

Selling a home in a buyer's market may seem like a major struggle, particularly for those who are listing a residence for the first time.

Fortunately, we're here to help you streamline the process of selling your house so you can get the best price for your residence, even in a buyer's market.

To better understand how to succeed in a buyer's market, let's take a look at three factors that every home seller should consider before they list a residence.

1. Your Home's Condition

What is the current state of your home? Ultimately, your home's condition will play a key role in how quickly you can sell your house, regardless of whether you're operating in a buyer's or seller's market.

Before you add your residence to the real estate market, it often is a great idea to complete a property appraisal. This evaluation will allow you to learn about your house's strengths and weaknesses and prioritize home improvement projects.

Furthermore, there are many quick, easy ways to enhance your home's interior and exterior.

Removing clutter from your home offers an excellent option for those who want to free up space inside a residence. Or, you can always trim the hedges, remove dirt and debris from walkways and perform other home exterior tasks to bolster your house's visual appeal.

2. Your Timeline

When do you need to sell your home? If you're in a hurry to sell your home, you'll need to proceed cautiously, especially if you're operating in a buyer's market.

In this scenario, you'll want to establish a competitive price for your home from the get-go. This will require you to analyze the prices of similar homes in your area so you can better understand how your house stacks up against the competition.

If you have several months to sell your home, you may be able to wait out a buyer's market. In the meantime, you can always complete assorted home improvements to upgrade your house both inside and out.

3. Your Housing Market Expertise

How do you intend to get the best price for your home in a buyer's market? You may need extra help along the way. Lucky for you, a real estate agent is happy to provide you with the assistance you need to succeed.

A real estate agent is a housing market expert who understands what it takes to sell a home in a buyer's market. He or she will be able to help you prep your home for the real estate market so you can speed up the home selling journey.

Usually, a real estate agent will promote your house to potential homebuyers, keep you up to date about offers on your house and negotiate with property buyers on your behalf. This housing market professional also can provide honest, unbiased home selling recommendations at each stage of the home selling cycle.

Remove the guesswork that is commonly associated with selling a home in a buyer's market Ė use these tips, and you should have no trouble generating plenty of interest in your residence as soon as it becomes available.





Posted by Bilazarian Group on 6/13/2019

Your 401K is a great resource of investing for retirement. Many people use their 401kís as a part of their overall investment strategies, pulling money out of it when itís needed. When youíre ready to buy a house, you may think that pulling money out of your 401k for a down payment is a good idea. But think again. 


Although you should always speak with a financial professional about your money matters, the bottom line is that is probably not the best idea to use your 401k to supply money for a downpayment on a home. 


First, your 401k funds are pre-tax dollars. That means that you havenít paid any taxes on these funds. Your employer will often match the amount of money that you put into your 401k, as an incentive to help you save money for your future. You need to keep your 401k for a certain amount of time before any funds in the 401k become available to you without having to pay any kind of penalty. If you decide to take on the penalty, you can often face a cut to your employerís match programs as well. This is why you must make this decision wisely. 


The Penalties


Anyone under the age of 59.5 pays a penalty of 10 percent to take the money out of the fund. In addition, youíll now need to pay taxes on this money, because it becomes a part of your adjusted gross income. 


Alternative Actions


If you are looking to invest in a property, there may be other options for you rather than pulling money out of your 401k. While some plans allow you to borrow money from it. However, if your only option to get money to invest in a property is to pull money from your retirement account, it may not be the best time to invest in property for you. 


Keep It Separate


If youíre younger (say in your 30ís or 40ís) your best option is to have a completely separate account that is used to save for a downpayment and other expenses that youíll incur when you buy a home. In this sense you arenít spreading yourself too thin as far as investments go. You should compartmentalize your money. Buying a home is a large investment in itself. Home equity can also be a good source of a nest egg in later years when you need it. However, even if a property will be an income property, itís never smart to take from one investment account to provide for another unless youíre shifting your focus. You donít want to reach retirement, only to see that your funds have been depleted and you canít retire as expected.




Categories: Uncategorized  


Posted by Bilazarian Group on 6/6/2019

One of the final hurdles to buying a house is making sure your future home is structurally sound. To the untrained eye, the property you've made an offer on may appear to be "close enough to perfect."

However, your excitement over that gourmet kitchen, finished basement, and manicured lawn may be causing you to view your future home with rose-colored glasses!

Fortunately, you can (and should) hire an experienced, licensed professional to thoroughly inspect the property and point out flaws and potential problems that might need to be addressed by the seller -- either in the form of price concessions or repairs. If the seller is unwilling to be flexible in those areas, then you may have the option of withdrawing your offer. Hopefully, it won't come down to that -- especially if you love the house -- but that situation could arise and derail your plans for buying a particular property.

Many real estate purchases do involve a few bumps and detours along the way, but they frequently can be resolved by your real estate agent and/or attorney.

The starting point for identifying structural issues with a house is to have the property inspected by a reputable home inspector. Here are a few of the key areas they'll evaluate and include in their report:

  • Foundation and basement: Cracks, leaks, and signs of instability can often be identified through a visual inspection of the underlying structure of a home. Some issues are relatively minor, while others can be quite costly.
  • Roof and attic: Although most new roofs typically last for 20 to 30 years, time has a way of slipping by when you least expect it! Depending on weather conditions, climate, and falling tree branches, roofs of any age can be subjected to a lot of wear and tear. Since roofs play such a vital role in protecting your home and family from the many forces of nature, it's crucial that your roof be intact, in sound condition, and fully functional. An inspection of the home's attic and/or crawlspace will also reveal actual or potential problems with leaks, mold, roof damage, or infestations.
  • HVAC, electrical, and plumbing: There are a lot of systems that provide homeowners with comfort, convenience, and the ability to meet day-to-day needs. Whether you're talking about major kitchen appliances, hot water heaters, or climate control systems, there are dozens of things an inspector needs to check and keep you apprised of.
  • Exterior checkpoints: Property inspectors will also assess the condition of the outside of the house, as well as drainage efficiency and any visible structural damage or signs of deterioration.
Although all property inspectors should adhere to industry standards and best practices, some are more thorough and efficient than others. It's essential for you to understand the scope of their services, including whether they offer lead paint testing, termite inspection, radon detection, and asbestos testing.

When it comes to home inspections, your real estate agent can not only provide you with professional referrals, but they can also accompany you on the actual property inspection. That will help make sure important questions, issues, and recommendations don't slip through the cracks!





Posted by Bilazarian Group on 5/23/2019

Although buying your first house can be a little bit frightening, it should not be if you have a clear plan to get the funds you need. Aside from the mortgage process that may be confusing, every other thing is irrelevant because all you want is to ensure that the house is your choice and that it readily fits your needs.

Many of the things that homeowners keep worrying about are not worth the stress. Here are five things that you should not worry about when you buy your first house: 

1. Poorly fitting furniture

You can replace furniture that doesn't fit into your new home or give it away to some charity. You can also resell furniture items still in good condition. However, if you continue to like it, you can decide to keep it and put it in storage. After all, this is just your first house. If it doesn't fit in here, it will work in the next one you buy.

2. Wall paints

You have every right to pick the color of your new home. First-time homeowners, however, are found guilty of expecting things to look a certain way and get disappointed when they are not. If you don't like the paint, you can always change it to your taste. If you love the color, but it looks worn out, you can still have it repainted when you can afford the cost.

3. Decorations are worn out

There's no doubting the fact that some homes may look outdated and worn-out already, but you need to understand that upon acquiring your new home, there will be plenty of time to bring it up to your standard. Sometimes, kitchen and bathroom remodeling are the only areas thatíll cost you some cash. Other times, thereís a lot more to do to bring it up to your style. Check and confirm before buying to know where you will be spending money.

4. Outdated kitchen

The kitchen may not be entirely what you want. What's more important is how you evaluate the house in terms of infrastructure. Take a look at the roof, plumbing, and the electrical systems; make sure they all are in place. If everything looks and works perfectly, then you can prepare for a kitchen remodeling when you can afford it.

5. No children, no problem!

If you do not have children, then you should not worry too much about space, the quality of schools in the area, and the nursery facilities. While you may be tempted to worry about where your future children will go to school and where you can drop them off when you are going to work, the reality is that when children come, you will likely be in another phase of your life, getting ready to move to a larger home perfect for children.

Have a clear set of goals and objectives when buying a home for the first time and discuss them with an experienced, local realtor to help you make the right decisions.




Categories: Uncategorized  


Posted by Bilazarian Group on 5/16/2019

Building your own home can be a big undertaking, and when you're considering this option, as opposed to buying a finished house, you'll consider several factors like design features, cost to design, building quality and timeline. When it's completely said and done the numbers certainly add up, and you'll be looking at several additional months to a year before you can move into your new home. While you're looking at building your home, consider going modular. Far from the off-putting idea of living in a trailer or mobile home, prefab home design and construction has come a long way in the last decade, and there are some genuine advantages to selecting a modular home for your new property. 

Affordability.Modular home builders are constructing multiple homes at the same time, in a controlled environment. They have readily available materials, workforce and time that cut down on the initial costs to build your home. Even with the expense of transporting the pieces of your home to your land modular homes are incredibly cost-effective. Whether you are looking for a home you can buy under 100k or looking to get a 12 million dollar mansion for 2 million dollars buying a prefab home helps you stay within your budget and get more bang for your buck.

Timeline. Your prefab home construction takes place in a controlled weather environment. Builders aren't subject to changes in weather that damage materials and delay deadlines. Unlike residential builders who specialize in stick-built homes, your modular home builder is building many houses at the same time, at the same location, so they usually have an abundance of materials on hand and recurring order and delivery dates with their suppliers. This process helps to prevent the delays caused by delayed deliveries to the build site, sold out suppliers or lack of accessibility to the build site. If an accelerated timeline is important to you a modular home can help you make that expedited move-in date. 

Quality control. Here again, a controlled building environment is a tremendous positive of prefabricated homes. You don't have to worry about finding warped or rotted boards or a crew working through miserable weather. Prefab building facilities can employ more technology to assist builders and ensure exact measurements, cuts, and precision of craftsmanship. Stable factory conditions improve the health and safety of workers allowing them to produce their best work. As with all homes, your modular home will be reviewed by an independent inspector to make sure it meets all building codes.

If you've found a property that you like and are considering building your own home speak with your lending agent and realtor about your modular home building options.




Categories: Uncategorized