Why brick homes are sold faster?
Brick is the most extensively used exterior material for constructing a property, the brick homes is retaining its popularity till date.
The article Dc Fawcett describes about the specialty of brick homes, drawbacks and how it influences in the real estate.
Dc Fawcett Real Estate – Qualities of brick homes:
Low maintenance is sufficient; these homes are strong and durable. They are made out of clay and shale, thus it is eco friendly in nature. Due to its non-combustible nature, these homes are fire-proof and heat-resistant. It is also known for its withstanding power during heavy and violent storms. Many homes are affected by termites and pests whereas brick homes are termite resistant. The coolness is maintained during summer and warmness during winter. It is a dual-purpose material it can be used in landscaping, apart from using it as exterior material. It acts as a barrier and stabilizes the internal temperature. Pressure washers are used to wash the building and it gives a brand new-look. Patterns like herringbone, basket weave are commonly used for designing the brick wall.
Dc Fawcett complaints that investors get a low home insurance coverage as bricks home exteriors have several advantages. On the other hand, brick is an expensive exterior material when compared to wood. The color of the brick has few limitations and it depends on the composition and temperature. Painting bricks is a tedious task so that option cannot be considered. To maintain the integrity of the structure, repointing is done where mortar has to be fixed properly. Due to its expensive nature, even home repairs turn out costly. Moreover, they are heavier than wooden homes due to high density of the bricks. These homes are not suitable for cities having high temperature because it creates a cool atmosphere by holding moisture which may affect the health of the people. Allergies may occur and quality of the air is getting spoilt. Bricks are porous; molds, cracks occurs which in turn creates a bad outlook to the exterior of the building. It also causes few issues pertaining to drainage system.
Virtual wholesaling is an emerging trend in the market as it has made the whole process of wholesaling easier and quick, investors prefer this method as they can sit at home and work during the free time apart from 9 to 5 job. It is a better way to avoid scam as you don’t meet anyone during the transaction.
How brick homes influence real estate?
- Comparatively, it has higher resale value than timber homes.
- Generally investors prefer homes made with brick as it is sold easily.
Brickwork adds charm and aesthetic look to the entire building, if exteriors are un-plastered the brickwork is exposed. This creates a visually appealing effect when buyers enter the home. To improve the curb appeal, brick work is used in exterior areas because it gives a beautiful effect when combined with garden in the backyard.
- High selling price is guaranteed
- Builders prefer brick first than any other exterior material
Condos and town homes are constructed close to each other as owners share their unit. To ensure sound proof feature, bricks can be used.
DC Fawcett virtual real estate investing club helps the aspiring investors to get a vast knowledge about different types of real estate marketing strategies.
To make your home searching process easy and efficient, hiring a buyer’s agent is recommended. Listing agent is legally responsible to meet the buyer’s need. So the buyer‘s needs are to be satisfied by both agents (listing and buyers). The listing agent treats the buyers as his client, so the prospective buyers are treated with more care and concern. All the services are provided when you enter buyer-agency relationship. DC Fawcett reviews discusses about pros and cons of hiring a buying agent, his responsibilities.
The duties of the buyer’s agent
Ensure the information remains confidential and financial details remains within the buyer’s agent. The agent must support and guide the buyers throughout the process.
The agent must provide solutions when buyer is undergoing any confusion or problem while purchasing a property.
He must be able to convey all your needs to the seller and his agent as well as find a home that suit all the buyer needs.
They must help in negotiating the price and ensure the buyer gets the best deal. The properties have to be visited along with the agent.
Initially the duty of the agent is to do comparative assessment of the properties they visit.
Once a home is finalized, the agent has to guide the buyer in home inspection.
The agent should be able to inform and take care of the deadlines, legal formalities, mortgage approval. He should make sure all these are done within the budget and not exceed your financial status.
If the agent is not having much idea or experience about home inspection, he must appoint home inspectors to make the process easier.
Pros of hiring a buyer’s agent
- No need to pay commission, the seller pays for both the agents.
The agents are the first people to know about a property even before it appears on MLS.
The agent might give you information about the neighborhood and facilities available in the area.
The emotions are too high when you find a home that meets all your needs, to make you feel grounded and lists the drawbacks of the home, the agent help is needed indeed.
How to choose an agent
Real estate agents are not trustworthy; hence you hire very reputable and reliable agents while buying a home. There are several scams, for e.g. the scammer pretends to be an agent and get all your money and personal information and runs away once amount is credited to his account.
DC Fawcett virtual real estate investing club contains blogs that can provide more information on buyer’s agent. The interested investors can make use of the blogs. Virtual wholesaling is the new emerging trend in real estate; you can browse about it as well in these blogs.
Exceeding demands and lesser rates of interest have been promoting sales of houses in 2016. And 2017, is going to be one big year, although with a few limitations. Here are the few real estate suggestions from DC Fawcett.
Home prices have started to go for a steep hike. Particularly, in secondary markets, homes are found to be distributed in areas with exorbitant prices.
The vicinities of Seattle, Portland and Denver will perform well in the real estate market in the year of 2017. The growth of price is expected to be around 10 percent or 11 percent. If there is a hike in the rate of mortgage in the year of 2017, normalcy will be restored to the sales. There will be only a smaller price appreciation.
The market scenario is likely to be in favor of the seller in 2017. And, by the year of 2018, there will be exceptions with regard to cities as the Atlantic, New Jersey, and Detroit.
As we are going through the latter half of the decade, ownership of home is a viable long term hold and the choicest savings plan.
Real Estate Suggestions
Here are some Real Estate Suggestions from DC Fawcett to keep in touch with the latest market scenario:
Those who buy for first time – Get the home now:
Those who want to purchase home should do it right away. Umpteen homes sales are inclined to be for the buyers who are purchasing home for the first time. The bidding wars are likely to be vehement in the spring. Also, there will be a very scant inventory this year. There will also be less competition for a single unit. There will be a greater amount of aspiring sellers.
Those who sell – Hire the appropriate agent:
Sellers should spend time on skimming for the appropriate agent. In case of a bad hire, it can cause loss to the seller, and arduous waiting for many months.
One has to view the agent’s online marketing material and listings. Does it furnish a good photo or a video? One has to see whether the descriptions are accurate and relevant, and whether they are without much exaggeration.
One has to confine the search to just a couple of agents. Keep it in mind to request for sales reports and listings.
Those who are buying – There are plenty of loan options
Those who are not able to acquire the mortgages can easily get financing of mortgages. The alluring interest-alone loans have popped up on the menu once again. Just steer clear of those loans.
For Renters – This might be the best time to purchase
In many scenarios, rents have a steep hike than the value of the homes. It has to be noted that the rate of mortgages are low. There is an impending rise of renters who have turned into buyers. This is the case if they are to be in the place for 10 years after purchasing.
For Sellers – The Option is always open:
No sooner than you plan to dispose a property, it could materialize. All that is needed is to raise greenery in front of the property.
Sellers and buyers – Make out the market:
When the inventory goes up, there is the potential buyer’s market. Sellers must be more diligent about slashing of the prices and the credits that they can acquire.
Buyers – Be careful when buying near a waterside
While buying near a waterside, be careful about the harsh realities of weather and insurance. Many people along the coast are forced to buy flood insurance. Some home sellers and agents very easily get away with not revealing the realities. So, accurate questions have to be raised by the buyers, and they will have to continue researching on their own.
One can get more suggestions regarding the real estate through the blogs by Dc Fawcett. The Founder of the Virtual Real Estate Investing Club. That is the right place to see what is visible in the present real estate scenario – buying, selling, or renting.