Tag Archives: Relocation

What You Need to Know About Relocating

Moving, whether across town or across the country, can evoke a blend of excitement and dread. New job? New digs? New scenery?  Hooray! Good-bye to friends and family? Loss of familiar routes and routines? The hassle of packing, moving, and setting up in a new location? Perhaps not so exciting.

One thing I’ve learned over the years is that “what you focus on expands.” Sure, you need to address the downsides. But by focusing on the upsides, your positive perspective will make all the difference in the world. Just think: you’ll get to explore a whole new place and all that that new place has to offer! There’ll be new activities, new restaurants, new friends, new parks, and more.

With that in mind, here are some suggestions about the kinds of things you’ll want to research before or during your move process:

1. What amenities are available in the new location and how important are they to your lifestyle?

The area or neighborhood you live in makes your home what it is. Check out Google Maps before your big move. Maybe even make a list of the advantages and disadvantages to each area you research—it can help make the decision easier. If your kids are in school, you’ll likely want a school facility close by. Do you want them to attend a private or public school? Is there one close by? What about grocery shopping? Is it easy to get to? Do you like to have a gym you can walk to? Are there parks? Ask yourself these questions ahead of time. Determine their importance to you and your family.

2. What is there to do in the new location (e.g., recreation and events)

Find out what big events and attractions there are. If your family is into skiing or mountain biking (or any other sport/activity), look to see if there is a place close by where you can participate. What events are there coming? (Finding activities and fun events to look forward to can lessen the impact of a move, such as moving far away from friends and family.)

3. How much does it cost to live in the new location? (Be prepared.)

Cities come with different price tags, as far as cost of living goes. Make sure you know what you’ll be spending before you commit. Gas and grocery price can be different in different regions. Calculate what you can expect to spend in your new city—how does that work for your budget? Shrewd financial planning in advance can make all the difference in avoiding future panic or crises.

4. Plan how you’ll connect once you get there. What are ways you can meet people in your new location? A sense of community and belonging is the first and best way to feel settled and “at home.” Some of this may come from a job or school, but not all of it.  Where can you find likeminded new friends to share life and experiences with? Is there a faith community you can connect with? Civic clubs? Non-profits and community service organizations you can join or volunteer with? Sports teams/fitness clubs you can join? Jumping in to environments like these can make the integration process go much more quickly.

My motto is “love where you live,” and there are so many ways you can help make this happen for yourself and your family when a relocation is involved. I hope these have been helpful; they are only a start.

If you are anticipating a move and have real estate needs as a part of the package, I hope you’ll give me a shout or send an email. Even if you’re moving across country or in another town, I can help with referral and connection to a trusted real estate professional in my network. I’ll do my best to help you and your family “love where you live,” wherever that may be!

Doug Lawrence is a licensed broker with Keller Williams West Sound. He is a certified Veterans and Military Relocation Specialist and a Global Property Specialist. No matte where your move may take you, he can help! You can reach him through this site, by email at dlawrence@kw.com, or by phone/text at 253.341.5287.  

Overcoming Deferred Maintenance: Prepping a Fixer for Sale

So, you want to sell your house, or maybe someone else’s house—an aging or deceased relative, for example. And, for whatever reason, the property has experienced “deferred maintenance.” It needs a lot of work!

Bringing a “fixer” home up to a sellable standard can seem overwhelming sometimes, especially when it needs significant improvements. Getting top dollar for a property that needs work can be challenging, especially if your budget for improvement is tight. That being said, with the right perspective, some creativity, and strategic emphasis on the right things, it can be done—for less time and money than you probably think.

Where to Get the Most Bang for Your Buck

Experts often say to put your energy into updating the kitchen and bathroom for maximum impact. However, a major renovation in these areas can set you back tens of thousands of dollars and take weeks to complete, which simply isn’t possible within a tight budget and time frame. So instead, make your focus on the areas of the home that will make a good first impression and enhance the overall look of the house—for a minimal outlay of cash. Here are my top five recommendations:

1. Get rid of the clutter. Buyers need to be able to visualize their own life in the house—impossible if there are piles of stuff everywhere! The clutter has to go. (If this feels overwhelming, hire a high school or college student who wants to make a few extra bucks to help you sort.) Have three categories of bags or boxes available as you move through the rooms: throw away, give away, put away (keep). The “keep” pile will be the minimal amount of stuff you either want to take with you to your next home if you are selling your own home, or perhaps mementoes or heirlooms you want to pass on to family members, etc. in the case of liquidating a home for a relative. “Give away” goes to Goodwill or other similar charity (often these organizations can arrange to pick up your stuff). And “throw away,” well, that just goes straight into the garbage or to the dump! (You may also have a “garage sale” pile as well.)

2. Give rooms a facelift. Repaint the interior walls in a neutral color. Replace carpets (opting for a low-cost but good-quality laminate floor is often a good choice). Paint and new flooring not only improve the look of the house, but also the smell, giving the impression of fresh, clean, and new.

3. Get rid of dated or dodgy furniture. Keep only the nicest furnishings (less is more). If you don’t have any, consider borrowing statement pieces from friends or neighbors temporarily to improve the look of the home for showing. Or pick up a few new inexpensive or free things on Craigslist or local give-away websites. If staging isn’t your forte, ask a friend with an eye for style to help you arrange the rooms attractively. Your real estate professional may be able to provide assistance with this.

4. Give every surface a deep clean. Include exterior surfaces and windows, interior walls, floors, trim, doors, bathrooms, tile, etc. If you don’t have the time or energy for cleaning, hire some help. It will be worth it!

5. Tidy the front and outside of the house. Weed and trim the gardens, prune hedges, and mow the lawn. This makes a tremendous improvement in the curb appeal, for little to no money. The changes that will make the biggest impact may actually cost nothing more than a few weekends of hard work! Tip: adding bark mulch is an affordable update that is especially effective, as it injects color and makes garden beds look neater. Also, clean the roof and gutters. (If the roof needs to be replaced, do it now. You don’t want the roof to be an area of distraction and it will likely be required anyway.)

 Keep Your Buyers’ Goals in Mind

Consider that potential buyers of a dated or fixer property will likely be planning on renovating themselves, and will have their own ideas on what changes they want to make. So you don’t have to do everything, especially things they will likely later undo. That’s why spending big on significant improvements can actually be counterproductive in these situations. Your job is to make the home and property liveable, neat, and tidy, so they can best see and appreciate its potential.

Your buyer can take it from there!

(c) 2018. Doug Lawrence Real Estate. All Rights Reserved.

Doug Lawrence is a licensed real estate broker with Keller Williams West Sound in Gig Harbor, Washington. Do you have a “fixer” you’ve been thinking of selling and are dreading getting it prepped? Give him a call, whether you’re around the corner or across the country.  He’s happy to help you get the process started and guide you all the way from sorting to SOLD! 

Think You Can’t Afford It? Think Again.

September means back to school, back to routine, and back to . . . home shopping?  Yes, for many folks!

Although, as I mentioned last month, this has been a challenging market lately, affording the mortgage payment for the house they want IS possible for many prospective homeowners. Why then, by all accounts, is a sense of “unaffordability” plaguing the market?

Researchers at Freddie Mac offered several answers to that question in its latest Insight, the first one being perception. Homebuyers struggling to find reasonably-priced listings perceive the housing market in general as unaffordable — a reasonable conclusion, if their only options to date have been out-of-reach stock.

Secondly, the high likelihood these days for competition (i.e., “bidding wars”) is off-putting, both for first-time homebuyers and for sellers re-entering the market. The hesitation of these would-be sellers is notably tamping down already tight inventory.

“Thanks to very low mortgage rates, monthly mortgage payments are affordable for the average household despite currently high house prices,” says Sean Becketti, chief economist at Freddie Mac. “Nevertheless, hurdles to homeownership arise from the difficulty of finding a house. The supply of homes for sale is very tight, especially starter homes, and underwriting requirements are more rigorous than they were in the past.”

Would-be homeowners are also not confident about their prospects because their incomes have stayed relatively flat compared to home prices. Incomes have grown by an average 2.4 percent annually since 2012; home prices, however, have grown an average 6 percent.

“Many potential first-time borrowers are stymied by variable employment and income histories and the challenge of accruing a down payment while simultaneously paying down their student loans,” Becketti says. “In fact, a high level of household debt, particularly student debt, poses perhaps the largest obstacle to first-time homebuyers.”

Homeownership — stripped down to just the mortgage payment — is affordable, the researchers concluded, but challenged by barriers that play a hefty role in the home-buying process. Perception, after all, is reality.

Are any of these factors playing into your decision to buy or not buy, to sell or not sell?  I’d be happy to talk through with you how these issues might affect you (or not), and help you find workable solutions for your unique home-buying or home-selling situation. After all, I’m here to help you “love where you live!” ~Doug

Doug Lawrence is a licensed broker with Keller Williams West Sound in Gig Harbor, Washington. You can find him at http://www.douglawrencerealestate.com, or by email at dlawrence@kw.com, or by phone at 253.341.5287

Source: Freddie Mac , Photo by 2.0 Generic

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On Low Inventory: From Challenge Comes Opportunity

The last few months have been a bit frustrating for a number of my clients as it took longer than anticipated for them to secure contracts on new homes. Finding suitable and available houses, and then securing the winning bid among competitors, has been a challenge!

My clients are not alone when you look at what’s going on around us: low inventory is the foremost issue in the housing market right now. Buyers in today’s market in our area face relentless demand for a scarce supply of reasonably priced homes. In fact, in a recent survey by the National Association of Mortgage Professionals (NAMB), fifty-eight percent of mortgage professionals cited low inventory as the biggest hurdle for homebuyers today.

The inventory dilemma has even overshadowed concerns about mortgage lending standards. These standards, which some still view as too strict, have relaxed since the early, strong-armed days post-recession. In fact, according to a recent survey by Fannie Mae, more lenders have taken steps to open up access to credit since the start of 2017, and more plan to continue to do so in the future. This is good news! And coming up with enough money for a down payment has also become less of a factor, according to the same NAMB survey.

I was glad to be alongside my clients, helping them navigate this challenge, and ultimately helping them find and secure their homes. At the same time, my clients who are sellers have also appreciated the  professional assistance to deal with multiple offer situations.  Face value is not always an accurate representation of reality. That’s why having an experienced real estate agent is more important than ever to help both buyers and sellers navigate this intensely competitive market.

Undeniably, there are fewer homes on the market—but there are also many opportunities. How will you use today’s environment to your advantage?

Doug Lawrence is an agent with Kellers Williams WestSound in Gig Harbor, Washington. You can reach him at dlawrence@kw.com for advice or assistance on your upcoming home sale or purchase.

Approach Your Move with Confidence

May is often a month of transitions. As I write this, we are in the process of collecting our youngest daughter from her university, packing up her apartment, and moving her belongings into storage for the summer. Next year, she’ll be in a new apartment, bigger, better, with more amenities and opportunities. Out with the old, in with the new.

This is but one of many transitions she will encounter throughout her adult life. According to the US Census Bureau (2007), the average American moves around 12 times in his or her lifetime. That’s a lot of packing and unpacking!

Moving to a new home can be overwhelming and sometimes downright daunting, whether we’re transitioning from one college apartment to another, or downsizing from a family home to an empty nest condo. Maybe it’s moving up from a starter home to a second home, or the consideration of a rental or vacation property. How we approach these moves makes all the difference in the world.

Here are some pointers for helping you approach your transition with confidence and enthusiasm:

  1. Prepare. I learned early in my life that “prior proper planning prevents poor performance.” Don’t be that person who starts packing the night before the movers arrive. Start early. Make to-do lists. Delegate jobs for friends and family members. Schedule help and/or the moving company well in advance. If you have small children, arrange for away-from-the-house childcare; animals can go to the kennel for the day.
  2. Purge. Take this opportunity to get rid of excess possessions you can live without. Decluttering is cathartic—not to mention it makes moving a whole lot easier on your back (and on the friends who help you move!). As soon as you know your move is imminent, start packing away (or giving away) anything you know you won’t be using between now and your move. A great rule of thumb is: if you haven’t used it in a year, it can go. If you have adult children who have moved away, now is the time for them to claim their stuff—or lose it!
  3. Be Proactive. Where are you headed? Research your new community ahead of time. Have an idea of schools, restaurants, places of worship, community organizations, recreation activities, etc. that appeal to you so you can jump in right away and feel connected as soon as possible. This will help build anticipation toward your new destination, and help alleviate the feelings of loss about your old one.

Doug Lawrence is a real estate broker with Keller Williams West Sound in Gig Harbor, Washington. He and his wife have already beat the national average, having moved 13 times in their 34 years of marriage! Every single move has been an adventure in and of itself. Doug’s motto is “Love where you live!” If you’re ready for a transition of your own, he’d be delighted to help make your dream a reality. You can find him at www.douglawrencerealestate.com or dlawrence@kw.com 

Photo Credit: Nicholas Huk