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Frank Dolski's Blog

By Frank Dolski Associate Broker | Agent in 18901
  • What Factors Should Buyers Consider When Purchasing A Home?

    Posted Under: Home Buying in New York, Financing in New York, Home Ownership in New York  |  September 18, 2014 10:44 AM  |  45 views  |  2 comments
    There are many buyers in a variety of categories who have different “wish Lists”, requirements and sometimes they are unsure and should be educated prior to making such a huge decision. I have compiled a list of suggestions to consider that I would recommend to buyers.

    1.       Buy a home within your means! Plan your home purchase carefully and make sure that you have done your homework in terms of financing. Do not buy any other large purchases during the loan process until you settle on your new home. Your loan office should be able to direct you.

    2.      Location, Location, Location! This is still the greatest factor in determining value, appreciation and is the #1 Rule when purchasing a home. Location within a specific area and to a micro level on where it is located in the community a home is located all makes a difference on the net worth of a home. For example, a home located on a busy road with no privacy may not be worth the same value as the same home (all things equal) located with on a lot with woods or privacy. The fact is that it may seem like a good value but you will reduce your buyer pool when you resell because a busy road backing to a home may seriously affect the value of what your next buyers are willing to pay.

    3.      Make up a wish list! Include a “must have” list as well as amenities that you would like to have. This is more critical when purchasing a new home. When buying new construction, focus on structural items that cannot be done in the future or may be cost prohibitive. Understand that you have a budget but try to make educated choices. Some popular choices include: Walk-out basements, extended kitchens and family rooms, basement height, 2 versus 3 car garages, morning rooms, basement plumbing rough-ins, type of façade and various upgrades throughout the home. Ask yourself this question. What value do the upgrades make to future appreciation? Your Realtor® should be able to give you advice in this area!

    4.     Schools – When purchasing any Real Estate, one of the greatest factors is the quality of a school district. Even if you don’t have school age children, many buyers purchase in specific areas because of the quality of schools. Do your research in this area! It is a critical factor for resale.

    5.      Home Inspection – It doesn’t matter if it is resale or new construction; make sure that you hire a professional inspection to inspect your home. I highly recommend a pre-dry wall inspection on all new construction!

    Many of the homes that I list and sell are in the greater Philadelphia area. Townships such as Buckingham, Solebury, New Hope Borough, Newtown, Upper Makefield, Montgomery, Warwick and Doylestown are only just a few areas where I represent buyers and sellers. These are only a few suggestions to consider when purchasing a home and there are many other considerations. Please feel free to contact me if you are considering buying or selling a home whether it is now or you are planning for the future. I would also like to hear your thoughts on what buyers should consider when purchasing a new home.

    Frank Dolski   MBA, ABR, e-PRO
    Associate Broker
    Certified Relocation Specialist
    Previews Luxury Home Specialist
    Coldwell Banker Hearthside Realtors
    215-803-3237 (mobile)
    215-794-1070 x-103
    f.dolski@cbhearthside.com
    www.FrankDolski.Com

    2006-2013 Top Producing Agent and Agent of the year for Coldwell Banker Hearthside in Lahaska Office!
    2013 Coldwell Banker President’s Circle Recipient – Top 6% of all Coldwell Banker International Realtors.
    Ranked in the top 1% of all Bucks County Realtor in 2013!

  • Do Good Quality Pictures Make A Difference When Listing Your Home?

    Posted Under: Home Buying in New York, Home Selling in New York, How To... in New York  |  September 10, 2014 5:41 AM  |  34 views  |  1 comment

    Pictures, they do make a difference if you are selling or listing a home!

    It is a statistical fact that 90% of buyers use the internet to search for homes. Location, amenities, commuting, schools and more play a critical role in selecting an area/home. But pictures play an important role in creating the images to want a buyer to even consider a home.

    My name is Frank Dolski, Associate Broker/Realtor® with Coldwell Banker Hearthside Realtors serving Bucks, Montgomery, Chester, Delaware, Lehigh and Philadelphia counties. I service buyers, sellers and investors in these areas and more! One thing that I learned very early in my career is that good pictures make a difference in depicting the interior and exterior of homes that I list as well as homes that my clients are viewing over the internet.

    Have you seen pictures with sun glaring through the windows, or perhaps a critical picture of a kitchen where two-thirds of the kitchen are missing in the shot? Or perhaps a picture of a room where key features like the fireplace is missing from the image? Not only is this a disservice to sellers but buyers really do not have an opportunity to see what the home really looks like.

    My objective in marketing a house is to capture key pictures of every possible room and angle in a home. Listed below are some suggesting and strategies that I use when taking pictures of a home.

    1.      Make sure that you have a decent camera. There are many types of cameras and they do not have to be ultra expensive. Having the proper lenses as well as a good flash are also very important.

    2.      Select a mode that you will are comfortable with and can produce good pictures. I like to shoot in manual mode but remember that a tripod must be used in this mode or any non automatic mode. Depending on the mode that you use, make certain that the lighting is sufficient.

    3.      Interior Pictures - Make sure all of the lights are on! When taking pictures of each and every room, make sure that all of the lights are on as well as the adjacent rooms. This will help in overall exposure as well as ambient light glowing from a lamp is awesome! You will have to select the property time of day to take the pictures whereas the sun is not pouring through the windows.

    4.      Exterior pictures – Make sure that the sun is at your back when taking pictures. You will get a great skyline background without the sun glaring in your face. Note that this will typically take two trips to a home. You may also need a ladder to carefully get the right shot due to the topography of the property! Make sure that you include critical pictures such as landscaping, an indoor pool, decking, patio and views that illustrate the setting in the back or front yards.

    5.     Staging and de-cluttering is a given for every room. This is a completely separate topic but just remember that a well staged home typically sells quicker and for more money! This also holds true for the exterior of a home. Curb appeal is critical so be sure to trim plants and trees, mulch and make sure that optimum pictures may be taken.

    In conclusion, pictures draw attention to buyers. They are important as any other factor to consider when listing/marketing your home. For the buyers, it gives them a better indication on how a home really looks and good pictures inspire showings. Therefore, it is imperative that they are done right and with the proper lighting. I'd like to hear your ideas on Real Estate Photography and if have any questions, please feel free to contact me.

    Frank Dolski   MBA, ABR, e-PRO
    Associate Broker
    Certified Relocation Specialist
    Previews Luxury Home Specialist
    Coldwell Banker Hearthside Realtors
    215-803-3237 (mobile)
    215-794-1070 x-103
    f.dolski@cbhearthside.com
    www.FrankDolski.Com

    2006-2013 Top Producing Agent and Agent of the year for Coldwell Banker Hearthside in Lahaska Office!
    2013 Coldwell Banker President’s Circle Recipient – Top 6% of all Coldwell Banker International Realtors.
    Ranked in the top 1% of all Bucks County Realtor in 2013!

  • So Your Home Won’t Sell. Now What?

    Posted Under: Home Selling in New York, Curb Appeal in New York, Remodel & Renovate in New York  |  July 6, 2014 8:48 PM  |  40 views  |  No comments

    Perhaps your home has been on the market for 6 months, a year or even longer. What is the issue? No showings? Why isn’t selling?

    There are many reasons why a home will not sell. Perhaps it is overpriced, the market is slow, or what if there were things in your control to help your home sell.  It is easy to blame a Realtor/Broker and switch to a 2nd or 3rd Realtor/Broker. But sometimes this is not the issue and many times, all of this may be avoided. Selecting a new Realtor may not be the answer.

    Here is a list of ideas that will help you to sell your home quicker and in most cases, for more money.

    Preparation

    The first thing that you must do is to involve a Realtor® before you consider listing your home.  An assessment is done on what you need to do to prepare your home for sale. De-cluttering is typically the first step as buyers do not want to see a cluttered house. A Market analysis is also performed at this time.
     Fact: Reducing unnecessary stuff will make each room look larger and more appealing. This comes down to how much "stuff" you have on your kitchen counters to how your bookshelves are organized (or not) to how many items are on a coffee table. Less items throughout your home shows a more organized room and the perception of a larger room.

    Updates: This goes hand in hand with preparation. If your competition has it, you better! Using a professional stager is critical and for me, I use Creative Staging and their assessment is of no cost for my clients. It may be as simple as painting, caulking or adding granite or new appliances. The return on investment must be calculated but I assure you that in the majority of cases, the ROI is well worth it! Occasionally, I hear “The buyers may not like the colors we pick” or “we’ll just give a credit”. Totally not true! I have my stager help to pick the paint colors, granite, carpeting and whatever needs to be done with close colabration with the sellers and I.  Consistently lowering the price is an option but do you really want to do that? My professional opinion is do it right the first time! I can site many situations and give you dozens of recommendations but trust me, it works!

    Curb Appeal: The exterior must look as good as inside or better! The first impression is lasting! So, freshen up the outside by weeding and mulching and adding some landscaping if needed. Exterior painting, power-washing, driveway sealing and gutter cleaning are only some of my suggestions. If the outside of your home does not look good, you may never get buyers inside! Dressing your home to sell is essential.

    Pictures

    Good pictures and videos give buyers a clear vision of how your home shows. Poor pictures can have buyers and Realtors overlook your listing. It is imperative that good pictures are taken of every room and from different angles. 90% of all buyers go on the Internet to look for homes. If the pictures are poor and the home may really show well, they may overlook your listing. Sun glaring or uneven pictures are distracting and do not depict a clear image of your home. Feel free to visit my website at www.FrankDolski.com and look at my listings for some example of the pictures that I post. Professional photographers are sometimes used but make sure that they are experienced with architectural /Real Estate pictures.

    The greatest complaint and I look at it as an opportunity up front is that I have is “that when sellers do not listen and roll the dice”. Or. “Let’s see what happens”.  Six months later after numerous price reductions I am asked what I am doing to sell their homes. Let me be clear that this is not the majority but the minority of educated sellers that Realtors represent. Sure it is nice to be the second or third Realtor in but I’d rather see sellers be proactive. So, remove that wallpaper, paint those rooms and employ a team effort with your Realtor® to place your home in its optimum condition. Please feel free to contact me if you are considering listing your home. I service buyers and sellers of Real Estate in the greater Philadelphia Suburbs in Bucks, Montgomery, Chester and the adjacent counties. Cites such as Doylestown, Buckingham, Newtown, North Wales, West Chester and New Hope, just to name a few.  Feel free to contact me. There is a difference!

    Frank Dolski   MBA, ABR, e-PRO
    Associate Broker
    Certified Relocation Specialist
    Previews Luxury Home Specialist
    Coldwell Banker Hearthside Realtors
    215-803-3237 (mobile)
    215-794-1070 x-103
    f.dolski@cbhearthside.com
    www.FrankDolski.Com

    2006-2013 Top Producing Agent and Agent of the year for Coldwell Banker Hearthside in Lahaska Office!
    2013 Coldwell Banker President’s Circle Recipient – Top 6% of all Coldwell Banker International Realtors.
    Ranked in the top 1% of all Bucks County Realtor in 2013!

  • Let The Good Times Roll At Local Theme Parks!

    Posted Under: General Area in New York, Entertainment & Nightlife in New York, Parks & Recreation in New York  |  June 3, 2014 1:03 PM  |  71 views  |  No comments

    "Let The Good Times Roll" At Theme Parks Local To Bucks County, PA!

     

    Perhaps you are thinking about moving to the Bucks, Chester, Montgomery, Lehigh,  or Philadelphia County areas? Maybe you already live here or perhaps are visiting? Finding the perfect home is a important but what are your going to do here for fun? There are many things to do in the area and one of the best that I like to do is visit theme parks. Roller Coasters are may favorite rides and these parks sure do have some good ones! Listed are some of the best theme parks in the general area!

     

     

    Hersheypark

     

    Hersheypark has been putting smiles on people’s faces and has been a place for families to build memories for over 100 years.  With 12 thrilling roller coasters, 14 water attractions, and over 65 rides and attractions, there will never be a dull moment for anyone at any age!  Learn more about this park at http://www.hersheypark.com/.

     

    Dorney Park & Wildwater Kingdom

     

    Here, there is something for everyone!  A day at Dorney Park & Wildwater Kingdom will leave every family member dreading to go home.  The wide variety of roller coasters, thrill rides, family and water rides will make this trip a very special one.  Learn more about Dorney’s thrilling rides and fabulous food at http://www.dorneypark.com to make your stay at the park as enjoyable as you’d like it to be!

     

    Knoebels Amusement Resort

     

    Knoebel’s is the largest free admission amusement park in America!  What’s better than free?  “Free Admission, Free Parking, Free Entertainment, Free Picnic Facilities all make Knoebels a great place for an affordable family outing.”  Go on rides and attractions, go camping, or go swimming all at Knoebels Amusement Resort! Learn more at http://www.knoebels.com/.

     

    Sesame Place Theme Park

     

    Sesame Place is designed to allow kids and parents to laugh and learn their way through this park.  With over 18 dry rides, a number of water rides, and shows and parades that give families a chance to meet the characters of Sesame Street, this vacation will be one to remember!  Go to http://www.sesameplace.com to learn more about all the events Sesame place has to offer.

     

    Camelbeach Mountain Waterpark

     

    Did you know Camelbeach Mountain Waterpark is the biggest water park in Pennsylvania?  There are more than 37 rides, slides, and attractions here at Camelbeach.  Splash your way through this park on a hot summer day with family and friends!  Buy your tickets today at http://www.camelbeach.com.  

     

    Six Flags Great Adventure

     

    Looking for a relaxing day with young children or a thrill-filled day for dare devils?  You found the perfect place! Six Flags Great Adventure has not only family rides, but in fact “some of the fastest, tallest, wildest, gut-wrenching-est rides in the country—including a few record breakers.”  Go to http://sixflags.com to start planning your memorable trip. 

     

    If you are considering moving to the Bucks, Montgomery, Lehigh, Chester or Philadelphia counties, please contact me for additional information. Buying  Real Estate is one of the most important decisions that you will ever make and I am here to help. Or if you already live in the area, there is much to do in terms of year round entertainment and visiting theme parks are only just one of my favorite things to do!

     

     

    Frank Dolski   MBA, ABR, e-PRO
Associate Broker
Certified Relocation Specialist
Previews Luxury Home Specialist
Coldwell Banker Hearthside Realtors 
215-803-3237 (mobile)
215-794-1070 x-103
f.dolski@cbhearthside.comwww.FrankDolski.Com

2006-2013 Top Producing Agent and Agent of the year for Coldwell Banker Hearthside in Lahaska Office!
2013 Coldwell Banker President’s Circle Recipient – Top 6% of all Coldwell Banker International Realtors.
Ranked in the top 1% of all Bucks County Realtor in 2013!

  • Preparing Your Home For Sale! IT Makes A Huge Difference!

    Posted Under: Home Selling in New York, Curb Appeal in New York, Home Ownership in New York  |  March 26, 2014 12:15 PM  |  279 views  |  No comments


    When you are putting your home up for sale, you have two main goals; a timely sale, and receiving the best possible price.  In order to achieve these goals, your home needs to present itself in the best possible light. While every home shopper has different ideas about what the 'perfect home' is, you as the seller need to ensure that your home appeals to the widest variety of home buyers possible.

    How Does Your Home Stack Up?

    According to a survey put out by the National Association of Home Builders  "What Home Buyers Really Want", home buyers desired the following features most:
  • Energy Star-rated appliances — 94 percent
  • Laundry room — 93 percent
  • Energy Star-rating for the whole home — 91 percent
  • Exhaust fan in bathroom — 90 percent
  • Exterior Lighting — 90 percent
  • Bathroom Linen Closet — 90 percent
  • Energy Star-rated windows — 89 percent
  • Ceiling fans — 88 percent
  • Garage Storage — 86 percent
  • Table space for eating in kitchen — 85 percent
  • Walk-in kitchen pantry; ability to stock up and buy food and supplies in bulk — 85 percent
  • As you may have noticed from the preferences above, green is gold.  Buyers are looking for homes that are energy efficient, providing an overall lower cost for owners to run the home.

    Other surveys have uncovered the desire for develop function rooms with zones for entertaining, working, family activities, and retreating. This is true of the kitchen as well since it serves as the hub for social activity in the home. Kitchens should be open with an island that serves as both additional eating space and a divider from the great room.

    Outdoor living space serves as an extension of living space for the home.  Ground floor walk outs and covered patios are high on many buyers wish lists. Outdoor fireplaces and cooking areas are an attractive way to showcase an outdoor living space.

    "To dos"
    What can I do to make sure my home shows its best?

  • Yard
  • Your yard is the first thing a buyer will see and is the basis for your home's first impression. Make sure the yard is well manicured, no leaves or branches on the ground and all beds freshly mulched.. You may want to leave a pot of red or yellow flowers by the front door - research shows that this helps to sells homes faster!

  • Clean & Shiny
  • All home surfaces should be clean and the air should be fresh smelling. If there's a smoker in the home, be sure to remove all ash trays and make sure that your home does not contain smoke odor. Consider smoking outdoors while the home is on the market.
  • Bathrooms need to be spotless, no towels lying around, toys in the tub, ring in the toilet, etc. Ensure that they sparkle and smell fresh everyday. Make the beds and develop all bedrooms each day and especially prior to all showings.

  • De-clutter
  • While you may become accustomed to things lying around your house, try to look at your home the way a buyer would.  Inspect all surfaces and floors; don't forget about the closet! Removing clutter will make the home appear larger. As a rule of thumb, there should be no more than 3 kitchen appliances on the counter top and as little as possible on the bathroom counters. Less "stuff" on counters show more room! It's ok to leave out a few of your child's favorite toys and a few family photos to give that good, cozy feel'. Tip - For those smaller items lying round the home, have some plastic laundry baskets handy so you can throw any clutter in them and take them with you when the home is being shown. Also, have a 'pet plan' - to remove pet toys, food bowls,etc. as well as the pet anytime the home is shown.

  • Organize
  • Straighten up and dust bookshelves. Use the bookshelf rule of three; 1/3 books, 1/3 pictures and accessories, and 1/3 open space.
    Organize closets, ensuring items are hanging nicely and everything has its own space.
    Since the pantry &  laundry room both rate high of the list of things buyers want, buyers will be interested how you are utilizing these spaces.  It's important to make sure they are neat and well organized. 

  • Updates
  • Complete the 'honey-do' list. Finish all those small repair jobs you've been working on or putting off. Even the smallest repairs can be an indicator of non obvious problems lurking below and the surface, and be a put off to the buyer.
  • Paint colors can be daunting - too much white gives an institutional feeling while bold colors can be off putting. The key is using neutral colors.  Neutrals appeal to a wide audience and is your safest bet.
  • Changing out old door knobs, light fixtures and kitchen cabinet knobs will give you a big bang for your buck. According to Realtor Magazine, buyer now want more efficient and smarter home! If you really want to give your home a strong selling advantage, consider upgrading your kitchen with stainless steel appliances and granite counter-tops, this is sure to win over the pickiest of buyers. 
  • One of the greatest comments that I often hear is that a seller may not want to paint or upgrade because the buyers may not like it! Not true! I utilize professional interior designers at no cost to help you to pick paint colors and suggest ideas to improve the overall appearance of your home. Whether you are picking paint, carpet or granite counter top colors, I can certainly assist you in this endeavor.

    Chasing Buyers Away
  • Trends of the past that no longer appeal to some home buyers include: a shower-only stall in the master bath and a two-story entry foyer, which is viewed as costly to heat and cool. Home-buyers want to live in an area that has walking and bicycle paths, with community landscaping of green spaces.  But keep in mind that every buyer is different in terms of needs or wants. Laminate or tile counter tops, laminate cabinets, one car garages, wallpaper, and popcorn acoustic ceilings are a big "no-no". Pet odors, musty or wet basements, unclean homes, poorly lit rooms, older carpeting and more are just a few of the things that chase buyers away. And one of the worst things to do is for a seller to hang around during the showing! Buyers and their agents want to freely walk around and discuss the home.

  • Preparing your home for sale can seem overwhelming at first. Utilize a professional Realtor and home staging expert to help you develop a customized plan of action. The results will be amazing and the return on investment will be worth it! You must do everything possible to make your home stand out among the your competition! Lighting rooms before showings and having your home show in the best possible way will pay back dividends. I strongly recommend a company called Creative Staging. They are amazing!
  • Please contact me if you are considering to list or sell your home now or in the near future. There is a difference! Let me show you how.


  • Frank Dolski MBA, ABR, e-PRO
    Associate Broker
    Certified Relocation Specialist
    Previews Luxury Home Specialist
    Coldwell Banker Hearthside Realtors
    Ranked #1 In The State of PA in 2012 For Affiliated Coldwell Banker International Realtors
    2012 Coldwell Banker International President Elite Award
    2013
    Coldwell Banker International President Circle Award
    2010-2011 Coldwell Banker International President's Circle Award
    215-803-3237 (mobile)
    215-794-1070 x-103
    f.dolski@cbhearthside.com
    www.FrankDolski.Com
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  • Is Purchasing a Vacation Property Right for Me?

    Posted Under: Home Buying in New York, Investment Properties in New York, Home Ownership in New York  |  January 26, 2014 6:12 AM  |  377 views  |  No comments

    Is that year end bonus burning a hole in your pocket?  Thinking of a way to spend your tax refund or did your accountant tell you that you must invest in something because you made too much money? When considering how to invest your money, you may be considering upgrades to your current home, whether it be finishing your basement, adding square footage to your home, or updating your kitchen or bath. When considering the options you need to be wary to not over improve a home, so use some discretion.  Alternatively, have you considered taking those same dollars and putting them down on another property?
    You wouldn't be alone if you were considering purchasing that vacation home. Sales of second homes increased 10 percent between 2011 and 2012, according to the National Association of Realtors. During this vacation-home buying boom, the median price for these properties went through the roof – up 23 percent, to $150,000.

    Does a Second Home Makes Financial Sense

    Resist the urge to impulse buy, you may end up with a second home you cannot afford or that does not fit your needs.
    Whether or not you consider yourself an investor, you'll want your second home purchase to be a sound financial decision. Consider all the costs, not just the purchase price, but ongoing routine expenses as well as unforeseen expenses. You'll want to tally up your likely expenses and build up your cash reserve. For home maintenance, a good rule of thumb is to set aside 2 percent of the home’s value per year for upkeep and repairs. If you plan on renting out the property, determine how much you can expect from rental income (it's often not enough to cover your monthly costs).

    A few questions to ask yourself:

    If you answer yes to these, it probably is a good choice for you. However if you’re not sure how long you’ll enjoy that location or if you’re unsure of your future income, it is best not to commit yourself just yet.

    Location: Where & What Type of Home to Buy

    More than 80 percent of second-home owners purchase their home within driving proximity to their primary residence, according to the National Association of Realtors (NAR). What distance do you feel comfortable with?  The average buyer purchases a vacation home within 375 miles of his or her primary residence, with 31 percent buying within 100 miles. Get out a map and draw 100 mile and 400 mile circles to help pinpoint the areas where you should be looking. Then identify the areas that best suit your needs. You'll need to rely on both market research and your own personal preferences - be realistic about what type of second home fits your lifestyle, focusing on quality-of-life amenities as you envision what a second home could mean for your family. With 34 percent of vacation-home buyers eventually using the property as a primary residence, make sure it’s somewhere you can see yourself spending a significant amount of time. Don't go it alone - team up with a Realtor to look into factors such as the strength of the local economy, trends in resale values, conveniences and amenities, property taxes, quality of local schools and medical care, as well as others. Visit the area that you're interested in during all four seasons of the year in order to get a complete picture. A well placed home will aid in the ease of renting and ensure long term enjoyment.
     
    Once you've zeroed in on where you want to be, you need to decide on the type of home that would best suit your needs. The costs and demands of owning a single-family home are different from those of owning a condominium, townhouse, or co-op. Buyers who only plan on visiting their homes occasionally may be better suited to condos, townhouses, or co-ops as they typically require less outdoor maintenance, as these areas will be governed and maintained by a community association. If your idea of solace includes privacy, stick with a single-family home.

    A note on renting; even if you have no plans to rent your vacation home, it is a good idea to weigh out the home's 'rental potential'. Renters want access to amenities, places for a group of people to sleep, and being in the thick of things. Homes that can be rented are more valuable and can offer you more options should your plans change in the future.

    Taxes

    Second-home owners need to worry about both property taxes (which vary by state and locality) and, if renting out the home for more than 14 days per year, income tax. Researching the taxes during the house-hunting process can save you thousands of dollars a year by purchasing a home in a favorable tax situation.  If you're renting out a vacation property, the amount of days you yourself spend there can make a difference in how much you'll owe in income tax or the potential benefits you can reap such as deductions for property management and rental expenses.

    Financing

    Most people pay for their home with 'traditional financing',  a combination of a down payment and a loan for the remaining amount. The higher your down payment, you should aim for 20%, the lower the loan, and the more house you can therefore afford.

    Most buyers will also need to secure a loan to help with the rest of the financing. Your Realtor can provide you with some references - those whom they've had a good experience and have had a successful track record.  Review the various mortgage options and sample payment schedules and compare them to your own short- and long-term goals, to find a mortgage that best fits your needs.

    Alternatively, some buyers wish to forgo the traditional mortgage route and instead opt to borrow directly from parents, siblings, or close friends. This option saves you tens of thousands of dollars in interest over the life of your mortgage and keeps the property within your circle, rather than handing it over to a bank.

    Another money-saving approach is to partner with another purchaser, a growing trend known as 'shared ownership'. You'll want to start by determining whether co-ownership with a particular person is likely to work. If so, draft a written agreement to spell out how ongoing costs will be split and deal with other potential sources of contention, such as what happens if one of you wants out after a few years or how to deal with improvements or maintenance over the long term.

    Protect Your Investment

    From the beginning, prior to purchasing, you'll want to get a proper home inspection, so as to deal with some repair issues up front, and get a sense of what other repairs may be looming.

    Your lender typically requires you to purchase title insurance in case problems such as past ownership or debt claims on the property surface after the purchase. I would suggest this in all cases as you do not want a past lien to now be your responsibility!

    Your lender is likely to also require that you carry hazard insurance, protect your property against damage from theft, fire, flooding, etc. The cost of insurance for second homes can be higher than your primary residence. You will probably want to add liability insurance, covering you and members of your household for accidental injuries to your visitors. Consider buying a home warranty as if you are renting your home, others may not treat it the same as you would or major items like your HVAC system, plumbing, electrical and more may need repair. In all cases, protect your investment as you would your primary home.

    Please feel free to contact me for assistance in purchasing a 2nd, or 3rd  home even a primary residence in the greater Philadelphia area.  I have the reources for helping you to find the best Realtor and financing nationally and internationally as well. My services to assist you are free!

    Frank Dolski   MBA, ABR, e-PRO
    Associate Broker
    Certified Relocation Specialist
    Previews Luxury Home Specialist
    Coldwell Banker Hearthside Realtors
    Ranked #1 In The State of PA in 2012 For Affiliated Coldwell Banker International Realtors
    2012 Coldwell Banker International President’s Elite Award
    2010-2011 Coldwell Banker International President’s Circle Award
    215-803-3237 (mobile)
    215-794-1070 x-103
    f.dolski@cbhearthside.com
    www.FrankDolski.Com

  • What Effect Does Print Material Have In The Quest To Market Real Estate?

    Posted Under: Market Conditions in New York, Home Buying in New York, Home Selling in New York  |  March 26, 2013 8:55 PM  |  430 views  |  No comments
    How Effective Is Print Material In An Effort To Market Real Estate?

    Some Real Estate magazines are shrinking in size; newspapers are getting smaller as the Internet has been a valuable resource for everything from shopping, booking vacations to Real Estate. But does everyone really look for homes online?

    My name is Frank Dolski, Associate Broker for Coldwell Banker Hearthside Realtors in Lahaska, PA and I represent buyers, sellers and investors of Real Estate.  I service the Philadelphia suburbs in areas of Bucks, Montgomery, Chester, Philadelphia, Delaware and Lehigh counties. I advertise my listings on over 900 sites which include Realtor.com, Trulia, Zillow, ColdwellBanker.Com,  and many more! It is a fact that 80-90% of home buyers surf the web to find a home in tandem with working with a Realtor®.  Butis this the only resource that buyers use when looking for homes or open houses?

    I agree that it is imperative to be everywhere on the internet as this type of advertising is extremely effective for buyers and sellers. But I also agree that there are people who still read the newspaper, Real Estate Magazines and other print related material. I make my assertion on fact as my success is based on my ability to service my clients and I have to use every resource that is available to do so.  I track where my business comes from or how buyers find out about open houses and the answer is everywhere! They do so from the internet and also from the Sunday newspaper which here in Bucks County is the Intelligencer or Courier Times. Remember that not everyone relies on the internet and yes, they still read the newspaper and look for open houses, articles and other Real Estate related information.

    Printed brochures help to promote homes with information,
    floor plans, pictures and much more! Real Estate Magazines such as Homes and Land and Gallery are local and national magazines that buyers look through for homes. So my point is that advertising
    is needed in all mediums because the end user, the customer, has many ways to search for a home.  What are your thoughts regarding print material? I would like to hear your opinion on this topic. You have mine!

    FrankDolski   MBA, ABR,e-PRO
    Associate Broker
    Certified Relocation Specialist
    Previews Luxury Home Specialist
    Coldwell Banker Hearthside Realtors
    Ranked #1 In The State of PA in 2012 For Coldwell Banker International Affiliated Realtors
    2012 Coldwell Banker International President’s Elite Award
    2010-2012 Coldwell Banker International President’s Circle Award
    215-803-3237 (mobile)
    215-794-1070 x-103
    f.dolski@cbhearthside.com
    www.FrankDolski.Com

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