If you need assistance, please call 610-709-5147

Philadelphia Homebuyers | THE JRS REALTY GROUP Blog

Friday, August 20, 2021   /   by John Salkowski

Why Is Financial Stability Important?

Here’s why I preach financial stability to my homebuyer clients.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

Financial stability is something that every homebuyer should have on their mind. The most important thing you can do before starting your search is to get a pre-approval from a reputable mortgage lender or mortgage banker. We can connect you with one of our trusted mortgage advisors to get the ball rolling. The pre-approval helps determine what you can afford and what your monthly mortgage payment will look like.
Another tenant of financial stability is knowing your monthly budget. What’s coming in, and what’s going out? If you’re on top of this, you won’t be house-poor when you purchase your next home. 
"A home takes money to operate, and things will go wrong eventually."


I believe that having cash reserves is also very important. At the same time, you have to be dis ...

Read More


  philadelphia homebuyers

Tuesday, August 10, 2021   /   by John Salkowski

Should You Waive the Home Inspection?

Here’s my team’s process for handling a multiple-offer situation.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

In our current, red-hot market, many buyers are waiving their home inspections when they write offers on homes. Is that a good idea?
Back in December, I purchased a building as is, so I didn’t have a home inspection done. However, I did walk through the property numerous times before I decided to write an offer. Keep in mind that I have a trained eye for doing this over the last 15 years, so I was confident in buying this property as is. 
"Waiving your inspection signals to the seller that you’re willing to assume all risk."


If you’re looking for properties and feel you need to waive inspections, ask yourself if you’ve trained enough to walk through a property and spot the major details. This way, you can feel confident that everything will be okay if you write ...

Read More


  philadelphia homebuyers

Monday, July 12, 2021   /   by John Salkowski

6 Signs It’s Time to Downsize

Here’s when you know it’s time to downsize.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

Here are the top six signs it may be time for you to downsize:
 
1. Retirement. Are you planning on retiring soon? If so, it may be a good time to consider selling your property and downsizing into something more manageable.
 
2. You have too much house. In other words, you don’t live in the entire property anymore—you only live in a few rooms and the rest stay unused while you keep their doors shut to keep the heat or air conditioning out.
 
3. There’s too much upkeep. Does it take a lot of time and resources to maintain your property? At that point, you’ll know it’s time to downsize. 
"If your home is paid off and, more importantly, well-maintained and updated, now’s the time to downsize."


4. You’re worried about maintenance issues. Downsizi ...

Read More


  philadelphia home sellers, philadelphia homebuyers

Monday, June 28, 2021   /   by John Salkowski

Buying & Selling Simultaneously

Remember these points will help you buy and sell simultaneously.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here.

If you need to buy and sell at the same time, here are the most important points to remember to pull off both transactions successfully.
1. Get pre-approved for your next purchase. You need to know what you can afford in terms of your next home, so be sure to contact a reputable lender or bank (which we can help with).
2. Decide where you want to live and what style of home you want. All of this has to be in order, because selling and buying in this market will be challenging. It can be done, but it will still be challenging.
3. Prepare your current home for sale. This is important because you need to sell in order to buy. As I always like to say, when preparation meets opportunity, success is inevitable. When preparing your home to sell, you need to have a trusted real estate professional by your side t ...

Read More


  philadelphia home sellers, philadelphia homebuyers

Monday, June 21, 2021   /   by John Salkowski

Homebuyers: Don’t Make These 3 Mistakes

Here are the three worst mistakes you can make as a buyer in this market.
Looking to buy a home? Search all homes here.Looking to sell your home? Get a free home value report here. 

There are three critical missteps that all homebuyers need to avoid. The first one will drive you nuts, the second will open you up for liability, and the third one will cost you money. Here are three home-buying mistakes that you should avoid at all costs:
1. Signing up for multiple search websites. Realtors pay these websites to generate business. If you’re using up to three different sites, you could have 10 different agents texting, calling, and emailing you all at the same time. 
"You want to hire a lender you can trust."


2. Calling the number on the “for sale” sign. The agent representing a home seller will not represent you the right way. You have to keep this in mind. The person listing the property has a fiduciary responsibility to the seller, not to you. A ...

Read More


  philadelphia homebuyers

] [
powered by BirdEye
] [
powered by BirdEye
] [
powered by BirdEye
]