Buying a House

Moving to a new house can be a stressful and chaotic ordeal. You have a thousand different things to worry about. There's a good chance something will be forgotten.

Whether it's an item you didn't pack up or a task you neglected to do, it's not uncommon to get to your new home, only to say, "What happened to the ______?!" Here are some of the most common things people forget.

Often Forgotten Items and Tasks

1. Important Documents
   This includes birth certificates, medical records, social security cards, etc. You only need to access them occasionally, so you put them away in a little-used space, where you can find them if you need them. Then during moving, you forget to check that little-used space, and it all gets left behind. They may be little-used, but they're also extremely important, and take a lot of time and money to get new copies of. Pack your important documents and records up well in advance of your move, to be sure you bring them with you.
   
   
2. Valuables
   Do you have jewelry, valuable antiques, or even cash, hidden away for a rainy day? Maybe you're keeping something under a loose floorboard, or behind a panel in the wall. It's surprisingly common for people to leave their hidden valuables behind when they move. Wherever your "secret spot" is, don't forget to check it, and get everything out.
   
   
3. Keys
   Keys are small, and easy to lose during a move. Take particular note of the keys you use that aren't on the keyring you carry with you, such as to cabinets, or safety deposit boxes. If they get lost or forgotten, at best it's a major hassle. At worst, it can be a disaster. Don't forget them. If you have any spare, hidden housekeys in the yard, collect those too, and give them to the new owners.
   
   
4. Garden Tools
   While you're packing up everything in the house, don't forget the things in the garage, or in the yard. Is there a garden hose connected to an outdoor spigot? Shovels, spades, and rakes in the tool shed? Be sure to check your outdoor areas for forgotten items.
   
   
5. Plants
   If you have any potted plants outdoors, it's easy to forget about them. The same goes for lawn ornaments. Anything that's not a permanent fixture of the yard, needs to be packed up and brought with you.
   
   
6. Kitchen Appliances
   You've had your coffeemaker and microwave so long, it's like they're part of the decor. In your mind, you think of them as part of the kitchen, rather than belongings to be packed up. Then you get to your new home and realize this kitchen doesn't have a coffeemaker or microwave. That's because you left them behind.
   
   
7. Dry Cleaning and Library Books
   If you're moving a long distance away, don't forget to take care of any local business before you go. Picking up your dry cleaning is a task that can fall by the wayside, as is returning library books. Then, when you're a thousand miles away, you suddenly realize you don't have your favorite suit, or you DO have the book your child did a book report on last month.
   
   
8. Memberships
   If you pay for membership to any local clubs or facilities (e.g. a gym membership), see if there are branches near your new home, to which you can transfer your membership. If there's not, be sure to cancel, so you're not paying for a club you're too far away to attend.
   
   
9. Mail and Bills
   Don't forget to make arrangements with the post office to forward your mail to your new address. Then, go through all the bills you receive at your current address and notify each of them of your new address. The last thing you want is unpaid bills or important letters that you didn't receive because they were sent to your old house.
   
   
10. Healthcare
    Getting your prescription medication at a different pharmacy from your usual one can be a difficult process, and may take time. Don't wait until you run out of an important medication before making arrangements with a pharmacy in your new neighborhood. Take care of it ahead of time, so you don't have to deal with a gap in your medicine. It's also important to notify your doctor and your health insurance provider that you'll be moving. Depending on how far you're moving, you may need to switch doctors, or you may not be covered anymore by your current policy.
    
    

Forgetting things during a move is common, but if you have someone knowledgeable to help you, the ordeal becomes easier. Our brokers can guide you through the process and make it less chaotic, so you have more time to focus on the tasks above. Contact us and let us help you move into your dream house.

Homes are selling very quickly! Securing a home in a competitive market can feel challenging, if not impossible. Below, we've rounded a few tips to give you the best chance possible at getting your dream home in the competitive market. Following our guide and working with our brokers will help you stay ahead of the pack and position yourself as a potential buyer.

• Get Pre-Approved
  Before you even begin house hunting, get a pre-approval letter from a lender. Shopping with a pre-approval in hand shows sellers a lender has verified your income, creditworthiness, and other numbers, and you have the capacity to buy their house. A pre-approval letter will communicate that you're a serious buyer. If there are several offers on the table, interested parties without financing could be tossed out. Pre-approval qualifies you for financing and gives you a competitive edge. And keep in mind that pre-qualification is not the same as pre-approval.
  
  
• List Your Needs and Wants
  Now is the time to break out a notepad and start making a list of your needs and wants. Needs are non-negotiable features that your next home must have. Wants are features you'd like your next home to have but would be willing to sacrifice if you find a good home. For example, you may need a large backyard for your children or pets. You may prefer hardwood floors or an updated kitchen, but those may not be deal-breakers. Knowing your non-negotiable items will help determine whether a home meets your minimum requirements. If it does, you'll be able to act quickly and make an offer in today's competitive market.
  
  
• Find a Great Real Estate Agent
  A great real estate broker is your secret weapon when buying a home in a competitive market. Not only do they have a solid understanding of the current market and the neighborhood you're interested in, but they also have terrific connections and great negotiations skills, which will work to your advantage. Before you hire a broker, be sure to get referrals, check online reviews, contact several recent clients, and find out their experience. When you have a list of at least five contenders, ask important questions. The inside knowledge of an excellent broker can put you on the fast track to success.
  
  
• Look for Homes Under Your Budget
  In a competitive market, you can expect to compete against multiple or dozens of bidders on one home. As such, it may not be a good idea to look for homes at the top of your budget because chances are another person will outbid you. A good strategy is to look for homes that are below your budget so you can have room to offer above the asking price without going outside your target price point or dipping into your savings. You may also consider an escalation clause, which states that you'll put your bid at a certain price point higher than other competing bids – but make sure you know when to stop.
  
  
• Be Ready to Move Fast
  Once you've found a home that ticks the boxes in your needs list, put in an offer right away before someone snatches it up. Your offer should include all relevant information, forms, and disclosures the seller will need to make a decision. An incomplete offer could end up in the trash in a multiple offer situation. Pay attention to details and make sure your offer is complete. Your agent will be happy to help you draft your offer and have your negotiating strategies at the ready. Also, know how high you're willing to go if there are other offers and be ready to make tough decisions quickly and decisively.
  
  
• Make a Large Down Payment
  Making a sizeable down payment is another way to strengthen your offer. Of course, you should save up enough for a down payment when buying a home, but it's more important than ever to do so when buying in a competitive market. You want to show the seller that you are serious, can afford the home, and is ready to put your money where your mouth is.
  
  
• Keep Trying
  A competitive market could mean that you "lose" a few homes to other buyers. Home inventory is remarkably low and homes tend to sell remarkably quickly when they come on the market. If your offer isn't accepted, do not be discouraged. Keep searching and putting in offers until you're able to find a home that you love.

If you're ready to buy a home in the Pacific Northwest, Coldwell Banker Bain can help. We put our knowledge, skills, and experience on your side to help you find the perfect place to call home. Contact us today to get started.