What Time, Is The Best Time To Buy Your Dream Home?

Commonly, spring is thought of as the best home buying season.  It turns out that this is not the case.

After reading data collected from a report done by ATTOM Data Solutions, there are only three days out of the year, all of which fall in December, where homes are sold under market value.  

“Closing on a home purchase the day after Christmas or on New Year’s Eve can be one of the most financially beneficial holiday-season gifts you can get,” said Todd Teta, chief product officer of ATTOM Data Solutions.

The report was conducted among 23 million single family home and condo sales over the past six years.  It shows buyers willing to close on a home the day after Christmas encounter discounts of .3% over expected price and a discount of .1% on both New Years and December 4.  

Clearly, December is the best month to buy but you can still expect premiums of about 1.2% above market value.  Thats great, in comparison to months like June, experiencing premiums as high as 7.1% above market price.

Further, the data is broken down by state.  Particular months discounts were substantial.  In Ohio homebuyers saw discounts as low as 7.4% under expected value in January; Tennessee, with prices down 6.2% in January; Michigan, with prices down 7.2% in February; New Jersey, with prices down 5.8% in December and Delaware, with prices down 6.3% in February.

Despite such drastic changes in premiums, buyers can expect homes to average between $197,500 – $198,000 throughout the holiday months.

“While lots of folks are shopping the day-after Christmas sales or getting ready to ring in the New Year, our data shows that buyers and investors are buying homes on those days at a discount,” Teta said. “That’s a far cry from buying during June, when they are likely paying about a 7% premium.”

Clearly, Black Friday is not the best time to look for a discount on the housing market.

Best Way To Get Started In Real Estate Investing

The moment you’re just getting started with a new business venture, particularly those that revolve around professional investments such as real estate, you tend to commit a lot of errors.

Most individuals who develop an interest in real estate investment end up looping from one mistake to yet another for years, even after devouring tons of ebooks, videos, and training courses on the subject.

What is the missing link stopping most wannabe investors from attaining financial freedom with real estate investments? Why do some folks achieve massive success whereas some others see not even an iota of success?

Reasons Why Ebooks And Courses Only Serve To Confuse You

Some weariless investors have been able to get started on their own and make lots of money, but they are the exception. When you find yourself failing continuously, what you need is a real estate coach.

E-books and courses drag you in various directions, but a real estate mentor sets you on the right course to success. You gain extensive knowledge from their experience, and through their training, you are able to focus on a single goal at a time, which is critical to success.

They can also recognize errors you’ve overlooked and guide you on what to do instead. It’s like they’re a teacher, gripping your hand and telling you exactly what to carry out. With that kind of support, your possibilities of success increase significantly.

The Only Real Estate Coaching Program I Recommend

You’ll find many real estate mentoring programs online, all with similar claims of helping you turn into a six-figure realtor in as little time as possible.

Every one of these programs are clearly expensive, so choosing the best one is of crucial importance. Choose the bad one and you’ll probably wind up regretting losing time and money you simply cannot really get back.

I’m a successful realtor, and I obtained my training from my mentor, Phil Pustejovsky. Phil Pustejovsky runs the Freedom Mentor coaching program – a program that explains to you the ropes on how to accomplish financial freedom in real estate. Here are some Freedom Mentor reviews to help you guage the effectiveness of the program.

The Freedom Mentor coaching program is not really a program you can just buy whenever you want. You have to apply first, and you’ll only gain access to the program if your application is approved.

The actual fact that Phil Pustejovsky screens applicants goes to show how much he wants you to be successful. He’ll solely take coachable, action-oriented, and optimistic applicants.

Phil was once an amateur as well. He began from an all-time low and only began to achieve success after he met his coach, Tom.

Ever since, he has managed to close tens of millions of dollars worth of deals while earning millions of dollars in profits during the process.

If you believe Phil’s expertise would have a positive impact on your real estate journey, then you have to pay undivided focus to the following paragraphs as I talk about his Freedom Mentor program in even more detail.

Why Freedom Mentor?

Through signing up to the Freedom Mentor coaching program, you’ll gain access to premium tools and resources to assist you finalize your first real estate deal.

These consist of access to a lender list, an instruction/lead-generating software to aid you find deals quicker, and a personalized investing strategy.

That’s not everything, though. You’ll also receive 3 live coaching calls every month with Freedom Mentor’s coaches, 2 conference calls weekly, and the capability to ask questions and immediately receive answers from the coaches by means of an instant message platform.

There are two very good attributes of the coaching program that help it stand apart from the competition. The first feature is the array of experienced mentors and coaches it includes.

You won’t get access to just Phil Pustejovsky’s coaching once you become a member. Freedom Mentor is made up of a team of mentors and coaches directly trained and mentored by Phil.

These are the coaches you’ll be receiving help from. You’ll get access to a combined pool of knowledge and experience from many of the best coaches in the industry.

The second feature that makes this program so impressively good at helping ambitious realtors gain success is its 50/50 split.

This essentially implies Phil shares every one of his valuable real estate secrets with you, and you share 50% of the profits from your first few deals with him.

When you’ve finalized your first couple of deals, you can then proceed to become an independent property investor, armed with all of the insights you’ve acquired from the mentorship program.

If you possess a talent for teaching or coaching, you can even establish your very own mentoring program and teach your apprentices the actions required for success just like Phil does.

A few of Phil’s previous apprentices are presently running their own mentoring programs after becoming successful real estate investors.

Note: I know the program offering improvements from time to time as they continue to fine-tune it and improve it. Nevertheless, this is current as of this writing.

Conclusion – Action Takers Desired

The Freedom Mentor coaching program is geared towards folks who are 100% dedicated to becoming successful real estate investors. If you aren’t ready to treat real estate investing just like a business, this program might just not be for you.

The tools, resources, and mentoring offered in the program are sufficient to set you on the best path to financial freedom.

Since you’re sharing your first few returns with Phil, it is really in his benefit to make you succeed, and you possess as much determination to accomplish just that. It’s a jointly advantageous arrangement, therefore you practically can’t fail if you put in the energy and time to make this work.

Overall, the Freedom Mentor program is the most effective means to get started in real estate investing. You’re getting all the support you want from a professional in the field. There’s really nothing else you need to have to make your real estate dreams come true.

2 Things To Consider Before Home Buying

Not all home sellers are completely truthful about the condition of their property. It is unfortunate that if you were to hire a professional inspector for each viewing, it would get incredibly expensive. Thus, here are a few things that you can spot yourself, telling you to avoid the purchase.

The first thing is that you must get to know the neighborhood. This is of absolute vital importance. Is it a growing community, or is it in decline? If there are many foreclosed homes and businesses, the community is going through tough times. Make sure you visit the area on two different occasions. In doing so, you will also become aware of traffic. Do also come at least once at night, so you can see whether the streets are safe and quiet at night or not. Speak to the police and ask for statistics on local crimes.

You should now look at the property itself and how it was treated. Signs of regular maintenance are hugely important. If it looks run down from the outside, it is likely that the inside isn’t in a much better condition either. Always look at the wiring too. Although you probably won’t be able to identify all of the problems yourself, some red flags are easy to spot. If you spot that outlets are warm or that lights flicker, there is likely to be a wiring problem. Similarly, if you notice that there is a single wall, or just a few walls that have been painted very recently, where others haven’t, the owners may be hiding something. Also inspect the windows. Look at whether the windows have mold or condensation or are hard to open; this could be a sign of expensive problems.It goes without saying that if there are any rooms that the sellers don’t want you to see, you should avoid the property completely. If there have been any structural changes to the original property, you need to check whether these were done in accordance with various building regulations.

At the end of the day, only you can decide whether or not you should purchase a property. Additionally, if you find that there are certain problems, you could use this as a negotiating point to drive the price down. You do have to ask yourself whether that bargain is worth the potential financial hassle you are putting yourself through. Whether you purchase a property as an investment or as a home, it is always going to be a building that somebody will live in, and you need to make sure that the quality of life in that property can be pleasant and enjoyable. It goes without saying that checking the condition of the property itself is very important, but the area it is in must be focused on as well. To check on the actual property, all you really need to do is hire the services of a property inspector. When it comes to the neighborhood, however, you need to have a personal feel, something that cannot be achieved by a check box list.

The Best Ideas When Thinking Of Selling a House

Discovering Different Recommendations And Advice When Looking At Selling a Property

Plenty of folks are investing in real estate because they want to earn more income in the foreseeable future. If you could buy a house now for a particular value, it’s going to be more expensive in the next 5 years if the real estate market will remain stable. Before you do this, you should first recognize how difficult it’s to sell a property. You will see tons of articles saying that selling a property is very easy or there are some adverts telling you that they can sell your house in just a few months. You may opt to bring the price down, but this will not be the right thing to do.

In the real estate market right now, the supply fully surpasses the demand, but you’ll find various methods to sell your property. Below are a few of the recommendations on how to do this.

Think About the Curb Appeal of Your Home

First impression lasts so your home should give the buyers a great impression once they see its exterior. You could place yourself in the shoes of the buyer and see if the curb appeal of the house can attract them. You should determine if the house can provide a great impression to possible buyers or it needs maintenance.

The possible customer will see the outside of the house firsthand and you need to understand that they always pay attention on how the house looks outside. You need to prepare everything in the house and fix everything.

Make Suitable Enhancements

You’ll need to make the correct improvements outside and inside of the house to attract your prospective customers. They really want a total package where they won’t have to make repairs on certain parts of the house.

If you’re the seller, you should make sure that you will check everything that needs fixing and improvement. You must never over improve your house because there are some upgrades that will not really make a huge difference in the asking value of your house.

Enhancements can improve the value of your house and its chances to be sold, but you cannot make improvements that would not pay in the end. You should do your research and only invest in things that may give you the best roi.

Depersonalize Your Home

Most of you would claim that adding more design can make it more appealing to the customers, but this is an error as your personal items, art works and collectibles will not attract the customers. You may always eliminate these items and leave out the essential furniture so your home will look bigger. The objective is to allow the buyers to picture themselves in your home.

They will point at the various parts of the house while they visualize what they really want to place there if they choose to buy it. It only means that your personal items have to be removed in the house because it’s going to make it difficult for them to imagine.

You must Offer a Realistic Price

If you’ll sell a home in Calgary, you must put up a competitive value for your property. If you’ll put a lower price, it’s going to actually be the same as leaving money on the table and if you put a high value, it will be unattractive to the buyers. If you’re speaking about home buying, the buyers always look for houses which are very similar to yours and compare the prices. If your house is a bit costly, the buyer will check other houses and ignore you. Most of these buyers are only counting on home financing so they can’t afford houses that are too pricey. If the value is low, you can sell the house very easily, but your investments will not be given back to you.

Look for a Real Estate Agent

You’re absolutely making a mistake if you believe that you could sell your house on your own. In case you’re not a professional real estate agent, it’s going to be very difficult as you do not have the experience and knowledge to do it. If you’ll do this on your own, it is feasible that you will not be able to sell the house or you won’t obtain a good deal. You might get fortunate and get a great deal for the house, but you can’t depend on luck when you’re selling a property because we are talking about a huge amount of money. You could employ an agent and let them do everything. You will absolutely need to pay them, but this is better than acquiring a bad deal as you do not know anything.

Before you sell your house, make certain that you consider all of these ideas so you will not make an error. The real estate market is very complex so you have to know anything and everything about this prior to selling your property.

Buying a Home Check-list


Buying a house is a big deal, and should be treated as such. This is the most important purchase you’ll make in your life and while it can be very stressful, the things below will help the process go much smoother and ease some of the anxiety.

Get pre-approved

Getting a pre-approval from a mortgage lender is the first thing you should do. Many buyers skip this step in the beginning. This is a poor move, because many realtors will not accept offers from buyers that don’t have one.

Check out the neighborhood

Buyers tend to fall in love with a house for its aesthetics. Sometimes the exterior and interior can be so nice, that they throw out the importance of where the house is. You need to research crime rates, what schools are in the area, and check out your neighbors as well. Drive around at different times of the night and day. You can change all sorts of things from the carpet, paint, to decorating, but you can’t change where the house is.


Keep in mind that just because you’re approved for a certain amount toward a home doesn’t mean you should actually spend all of it. You must be prepared for the other expenses that are coming after. These include taxes, homeowner associations, and insurance. You don’t want to have your perfect dream house with no money to leave it to go do things.

Get the home inspected

Too many buyers skip this step. This is a bad move, because there can be many problems hidden inside a home and you want to know about them before you buy it. Depending on the severity and number of the problems, you may not want to purchase it. Don’t make this mistake, its too easily avoided.

Spending too much money before you move in

Remember that your financial status is being watched like a hawk at this time. When you apply for the loan, the bank is going to look at your debt-to-income (DTI) ratio. You should wait until after you are approved for the loan before you start ordering furniture, TVs, etc. for the house.

Signing without reading

Many buyers are in such a rush that they don’t read the documents they are signing. Panic occurs when the first mortgage, insurance or tax bill is due because they did not read the documents at closing and are not prepared. Electing to have an attorney present at closing is wise to ensure each document is explained and fully understood before signing.

Home Inspections


Home Inspections

Inspection reports are very scary for a home seller. The reason for this is that sellers know that the buyer is hoping for problems to pop up in the report, and they always do because no home is perfect, and buyers use this to their advantage to get in some last minute negotiations. Also, some buyers are even able to cancel the contract depending on what problems are found. Or, they may request you fix the issues which can be costly.  There are some things you should consider:

You should ask yourself if the buyers request(s) are sound. Sometimes a buyer will make demands that are unreasonable compared to what the problem actually is. Some are also so minor, that you know they are just looking for things to complain about. Come up with a firm decision on how much you will be willing to pay to repairs. Sometimes buyers will come up with so many reasons, that you should realize they are just trying to get out of purchasing the house.

One way to alleviate the situation when the inspection shows lots of problems it to consider paying them cash for things that need to be replaced or repaired. This may interest a buyer, because they will be able to decide how they are performed. For example, if the kitchen cabinets must be replaced, they might rather do it themselves to pick out what they want.

Do offer to pay for other repairs besides the main expensive one. If you agree to do numerous specific repairs, they may let you off the hook for that one major one. Be sure to make a written list. Let them know, that while you can’t do that major repair, you are able to do all of these other things. Keep in mind, this may or may not be acceptable to them but it is a good strategy.

The inspection could uncover a previously unknown, but serious home inspection problem. Do not avoid this issue, because if you do, you’ll get in trouble. When you find out about a problem with the home you are legally obligated to reveal it. After you and the buyer negotiate back and forth through a list of issues, point out to the buyers that inspectors, like appraisers, are only offering their opinion. Granted, they are based on experience, but no two inspections will be alike.

Whether the inspector made a bigger deal out of some problems or these happen to be his pet peeve about houses in general, let the buyers feel your frustration. Appeal to the buyers’ sense of fairness. Shift the focus onto the inspector; never blame the buyers, even if they are being difficult.

Cost to Sell a House?

Cost to Sell a HouseWhat Does It Really Cost to Sell a House?

Speak to anyone who has just gone through the process of selling their house, and more than likely, you will hear them talk about how many unforeseen costs they experienced before they even listed their home on the market.

Homeowners generally know what tasks must be completed before listing their home. This is often a primary reason that a homeowner might put off selling their home for a while; because they have a pretty good idea of how these costs can add up, or they do not have the time to complete these necessary actions yet. When they decide to list their home, they sometimes consider completing a few of the tasks themselves. While some of these projects can be completed alone, many of the tasks will require experts. Their fees and materials can sometimes add up to an amount of money that the homeowner did not anticipate.

Some preparations may be standard tasks that are not difficult to achieve, and do not cost as much. Others might require deeper investments concerning time and/or money. Here are some of the expenses you can almost undoubtedly expect:

1. Fresh paint. This is one of the most obvious improvements a homeowner knows they should make. What a lot of homeowners don’t know, is that the color choice is equally as important as the new paint itself. For example, while you may love maroon walls, a potential buyer has already made a mental note of what they are going to have to spend to cover it up, before they even assess the room in itself. Aside from the fact that dark paint colors also make rooms look smaller. It is extremely important to consider using neutrals when painting. This is a task that can be done alone, and while it will cost some money, it may save you a few thousand dollars.

2. Windows. Windows are a very important consideration when selling your home. Buyers want to see clean, transparent windows. While it may seem innocent, cleaning windows in itself can cost a few hundred dollars depending on the size of your home.

3. Standard touchups. Touchups are almost always necessary. These may include things such as stained carpets, broken molding, or hardwood floors that have faded, or have been damaged over time. There is practically no home that doesn’t require touchups, and while they may cost you some, they will make you some in return.

4. Home staging. Staging your home can always make a difference to a buyer. If you have the means, hiring a decorator can make all the difference. However, interior decorators have a bad stigma around them; most people think that they are extremely expensive to hire. While this is true for some, there are also many decorators out there that dedicate their business solely to helping homeowners on a budget. There are studies that have proven buyers pay more for homes that have been staged. Expect to pay a designer a few thousand for their service.

5. Adding decorative or new items to your home. If you choose to not hire a professional, you will still not be able to avoid purchasing the proper necessities and accessories. You should have clean towels in the bathrooms, replace any stained furniture, and consider hanging artwork. This is an important step in selling your home.

6. Landscaping. Landscaping is critical. Sometimes, your yard may require a professional landscaper. If the yard is in decent condition, it may be that you only need to plant some flowers or do general weeding and touchups. However, sometimes you may need all new grass. If you feel your yard may need a fair amount of work, consider meeting with a landscaper, or have a friend come over to give you an honest opinion on what you could do to make your yard look more inviting.

7. Pre-inspection reports. While having a professional inspect your house on structural matters is not required, it may be money well spent. A potential buyer most than likely will hire their own inspector to assess any existing damage to the home. It is important that you know of any structural issues regarding your home before they do. For example, maybe the roof has leaked a couple times, and you need a new one and were not aware of it. Buyers will come in and try to drive the price down for this, or, be put off by the home altogether after discovering an issue such as this. It is important that you be aware of any problems before a potential buyer has the chance to. An inspector can cost you around $200.

8. Lights and heat while the house sits empty. It is imperative that utilities be on on during the selling process, regardless of if you have already moved out. It is important to have the lights and water on in the home, as well as the air temperature setting that matches the season accordingly. Your realtor might need to show the home last minute, and the potential buyer will not want to walk into a dark, cold home.

Expenses You Can Expect at Closing

Although most of what you pay at closing time comes from the sale proceeds, the closing costs are where you really lose money. Here are some expenses that you can almost certainly expect at the time of closing.

1. Real estate agent commissions. As the homeowner, you will be paying commission that is to be split between your agent, as well as the buyer’s agent. This cost can vary, but generally it can come to 5-6% of the selling price. These fees can sometimes be negotiated; it is important to discuss possible negotiation with your agent before working with them, and definitely before signing any contract.

2. Other closing costs or credits to the buyer. Sometimes you can agree to pay some of the standard costs associated with closing the deal, such as fees for the escrow company, mortgage and home appraisal, and homeowners’ and title insurance. However, buyers may also ask you to pay all or a hefty portion of the closing costs. It is important to know that these costs can sometimes add up to 2% to 4% of the sale price.

3. Transfer tax. Your city or state may require you to pay transfer taxes as a small percentage of the sale price.

4. Home warranty for the buyer. Many sellers purchase a home warranty on the buyer’s behalf. This is a contract that covers repairs to appliances and certain systems within the house for the first year of ownership. This can run you a few hundred dollars.

5. Capital gains tax. If you earn less than $250,000 on your home sale, know that you won’t owe any capital gains taxes. However, if your home is sold at or above that amount, you may still not owe that tax if you’ve deducted things such as the costs of preparing the property for sale. This is something that you should look in to, in order to avoid paying fees that you may not have had to incur.

6. Moving costs. Depending on the size of your house, you might have no choice other than to hire a moving company. Depending on the size of your home, it can be a high expense that you may not be able to avoid.

Here is a great video that explains in further detail how much it costs to sell a home:

Here are some other great links to check out:

Interior and Exterior Paint Supplies at the Home Depot

Negotiate the Agent’s Commission When Selling Your House

Neutral Paint Choices Sherwin Williams