Dc Fawcett Real Estate Tips – Pros And Cons Of Buying a Home Near The Airport
Most of us want to own a home. It is a great feeling to be a home owner. When we buy a new home, we consider various points, right from demographics to life situations. Some of us may be frequent fliers and we would want to commute to the airport. So why should we take the trouble of shuttling so much of distance often? Why not buy a home near the airport? In real estate there are various pros and cons of buying a home near the airport. In this article, Dc Fawcett, a real estate investor and mentor, reviews the different pros and cons of buying a home near the airport.
Travelling is easy
Homes near the airport deduct the travel time between the airport and the home. Also, it is well connected to public transit lines hence it is easy to come back and forth.
Noise levels near the airport are not too high
If you are adjacent to the airport, you can tolerate the noise levels since you do not fall directly on the flight path. Nowadays, advancements in technology have led to maximum reduction in noise pollution. Over the time, noise pollution will hit a minimum point and will no longer continue to annoy inhabitants.
Property value
Homes near the airport boast of their proximity to industrial and lifestyle developments. So, the value of these homes is always increasing.
Noise pollution
Although neighboring homes can tolerate noise pollution, homes which fall directly under the flight path are filled with noise. Some airports are packed with commercial and industrial exploits.
Health hazards
Pollutants from airports include particle matter which gets mixed up in our blood. They cause heart diseases and many other blood diseases which know no cure. Noise from the airport can shorten lives. Surveys have shown that those living near the airport are more likely to die from strokes and cardiovascular diseases. This is because the noise sets off a stress related hormone which increases blood pressure and mars sleep. High blood pressure can lead to kidney failure. People who are living near an airport for a period of 5 years and who are under a flight path are in higher danger of developing hypertension as compared to those living away.
DC Fawcett – Tips For Buying Water Front Property In Real Estate
When you are buying a house, be sure about you need and how your dream home should look like. If you are going for waterfront home, you need to give special considerations whether it suits your lifestyle and lets you to enjoy your activities or not. As such, buying a home has never been an easy decision, especially for the person who has his own family. Though the decision maker would have liked the place, he or she would also think about their spouse and children’s convenience. Just as a professional real estate owner does what is best for the client, you too should ensure that your agent does what is best for you. However, if you are used to this lifestyle or want some change, then, you have made a right choice. DC Fawcett gives you the tips while going for this property.
DC Fawcett – Tips for buying Water front property
Sketch out your needs
When it comes to waterfront property, determine what are your passions, requirements and priorities before taking a final decision.
Favorite Activity
If you have a passion for the activities such as boating or fishing, the boat size becomes a vital factor. The boat cannot be put behind as there will be a lot of properties which you cannot access because of the water depth. If you are fond of fishing, any fisherman would like to get easy access to the water. So buyers should look for the deep body which will support cold water fisheries.
Consider about the risk and insurance cost
Though waterfront is attractive, there is an increased risk of damage like surrounding water and high winds. Insurance is also expensive because of these reasons.
Most of the times, there are regulatory and practical restrictions as far as additional structures on water property are concerned. If you have made up your mind to go for it, make sure that land near water support these structures. If the legal issues prevent further development, log on to local government and check for the information about getting permission.
Consider the weather and the seasons
Weather differs from state to state. In some places, the weather will be extremely cold in winter due to which the water will freeze. The historical climate date is available in NOAA.
Know the waterfront property’s value
Waterfront property value may be of double value than normal homes as demand is more and supply is less. The property value depends on the number of risk factors such as noise level and flood levels that are involved with the water activities. However, it depends on the location where you want to buy the property.
DC Fawcett’ Tips to Help a Home Buyer Triumph in a Multiple Offer Situation
Most of the time, there will arise a situation wherein there will be multiple offers for a home. This is really great from the seller’s point of view but it is not good from the buyer’s perspective. Buyers feel insecure when the homes they are targeting gain a pool of offers. Then they have to employ various ways to stay on top of the competition. Dc Fawcett, a real estate investor, who shares his knowledge on real estate in his blog. Virtual real estate investing club gives guidelines or Tips to help home buyers to gain an edge in a multiple offer ball game.
Tips to help home buyers by Dc Fawcett
Make sure that you have a secure source of finance
Sellers tend to select you as the new owner based on your finance source. If you don’t have a strong financial source. Sellers will not make the offer to you since they may incur a loss.
Make an advance home inspection
Sellers offer homes more readily, if the offer does not contain the “subject to an inspection” clause.
Gauge the competition
Work with your realtor to evaluate the competition. Find out how many people are involved in the race. Are you contesting against a single family or are multiple families involved?
Decide on the price firmly
Establish the price firmly. Tell yourself that you want to pay only this much for the home. You will not regret later on, if you end up losing your home by a few thousands even. You can make a bully offer. A bully offer is something when you make the offer to the seller before the laid down date. In this way, the seller will consider your offer above all others. But, bully offers are associated with risks. Sellers will quote higher if you are in a rush. Sometimes sellers will not be impressed by your hurried approach and so on.
Make a huge down payment
Paying huge sums of money in advance will portray your strength to the seller. He will make the offer with a lot of confidence. Making huge down payments will expedite things with you money lender as well. He will issue a mortgage with ease and without doubt.
Good faith deposit
Make a huge good faith deposit. This deposit is separate from the purchase amount. The larger the deposit, the higher the likelihood that the seller will make the offer to you. The deposit indicates your seriousness in buying the home.
Make sure to get everything in writing
Don’t make any oral agreements. Have everything written and signed in paper form.
DC Fawcett – Tips For Successful Apartment Hunting In Real Estate
When you are looking for a flat or an apartment in real estate at the particular location, but looking for all the facilities like dishwasher, dryer, or being close to public transportation, you may need to check in the multiple apartments and decide what is best for you, taking your budget and affordability into consideration. If you would like to keep the pets in your house and concerned whether they will be accepted or not, you need to check for the rules and regulations and search for a place that accommodates everything, if required. DC Fawcett advises you to check for the surroundings as well, as it will be easier for you to sell the house if it comes to that.
DC Fawcett Tip for successful apartment hunting
The best way to hunt for an apartment requires combined efforts like asking in the neighborhood; consult a good real estate agent, and online search. You cannot depend on one particular source to get the right one. DC Fawcett has suggested the following tips for successful apartment hunting.
Check for the neighborhood and surroundings
Ask yourself where you have to relocate based on your priorities such as the workplace being near to your place or are you willing to travel. It depends on what type of surroundings you prefer.
Take help from Google Maps
If you are unable to go to the neighborhood personally, you can find out the surroundings referring to Google maps or Google Earth. These tools will pinpoint the locality surroundings like bars, groceries, cafes and other amenities.
Cast a wide net
When you search for an apartment online, check for the facilities it can provide you. This makes your search broader.
Use Virtual Guide
Virtual guide shows the most popular mainstay in your neighborhood. Magazines help you to find out what is happening in your surroundings or otherwise.
Budget
After you get a suitable place, budget is the other factor that plays an important role in your daily life. Before finalizing the place, ensure that all fixtures and appliances are clean and are in a working condition. Also, you need to see whether other expenses you incur apart from the rent fits your budget.
Pet Accommodation
If you like to keep the pet with you, ask the concerned person whether they are accommodated. Though, in most of the apartment pets are allowed, it adds to your lease or deposit.
Read and Understand the lease
The most important thing is to read and understand the agreement even if it takes some time. The agreement may have important terms and conditions and mention about the due date when the rent has to be paid and whether there is any grace period. You can also negotiate the rent or the deposit with the owner.
Safety
When you are looking online, you may not know whether the roads or the surroundings are safe. You can check for the locality through the websites like SpotCrime and check the locality.
Conclusion
Living near the airport has both positives and negatives as we have seen in this review by Dc Fawcett. While easy commutation can be the benefit, the disadvantages are numerous like health risks and noise pollution.These two factors however depend heavily on the type of aero planes used, the closeness to the airport’s flight paths, the airport clutter and so on.
The best thing is to consult the top real estate agent who has got a good knowledge about the waterfront property as it is more complicated than purchasing the house without the waterfront. They will have the knowledge and insight about these properties and can guide you.
These are some of the suggestions given by Dc Fawcett to home buyers when they encounter competition from multiple offers. DC Fawcett is an expert real estate investor and teacher. However, there are lots of complaints against him in various blogs in the internet. These are done with an aim to tarnish his reputation. These are just scams. Following,his advice will definitely benefit people in the real estate field. Sometimes, you may not get the house that you expect as there may be some shortcomings. DC Fawcett says that If you succeed in finding one, it might not suit your budget. You might have to compromise on something.
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