Harold (Buddy) Pope | Francestown Real Estate, Amherst Real Estate, Hancock Real Estate


Being a homeowner comes with a lot of responsibility. You'll need to keep up with your bills, cleaning and maintenance, and have a keen eye for managing your finances. What many people don't tell you when you buy a house is that you could also become the victim of scammers who specifically target homeowners. Like computer viruses, scams are constantly evolving to stay one step ahead of the game. However, many of them rely on behavior that should raise a red flag for homeowners. In this article, we'll cover some common scams that affect homeowners and tell you how to avoid them to keep you, your home, and your wallet safe.

You've won!

Congratulations! By reading this article you've won an all-expenses paid trip to the destination of your dreams. One of the most common scams affecting homeowners come in the form of phone calls, mail, or even door-knockers informing you that you've won some kind of prize. Unless you've specifically entered to win a certain prize, you can almost be certain that this is a scam.

Identity crisis

We've often heard of the dangers of identity theft, but homeowners in particular are an at-risk demographic. Identity thieves attempt to steal your personal information in order to commit fraud or crimes. To avoid identity theft, be responsible with your mail. Always shred mail with personal data and be sure to have someone take care of your mail for you when away from home for extended periods.

I noticed your roof needs to be repaired

Many scams come in the form of people knocking on your door to offer a great deal on a service. People who solicit you and ask to be let into your home or onto your property to "inspect" part of your home should never be allowed in. They may actually be a roofer attempting to convince you to repair your roof (regardless of whether it needs to be repaired). Or, they could be a would-be burglar scoping out your residence. These scammers will attempt to sell you anything from "subsidized" and "energy efficient" home energy products all the way down to fixing imagined water/moisture issues in your basement.

Make $60k a year working from home!

Work-from-home jobs do exist, and they're growing in number as technology makes it easier and more efficient than traveling. However, some job offers are too good to be true. Be wary of job offers that require you to enter personal information like your social security number before ever having met the employer. Many of these "too good to be true" jobs can be spotted when they ask you for money to get started. They may say to need to pay for your own training but then can make thousands, or will ask for a company buy-in that will pay off later. Regardless, never give money to a potential employer.

I came to read the meters

Someone in a safety vest with a name tag and clipboard knocks on your door and says they're from the energy company, water company, etc. They seem legitimate and tell you how important it is to have your meter read. The might even say you're eligible for a refund or subsidy. It's important to always ask representatives to show you their ID or ask them to call and make an appointment before letting them enter your home.

When it’s time to list your home, you probably have two main questions in mind for your real estate agent. The first is how much can I get for my home? The second is how much commission do you take? Obviously, you want to get the most money in return for your investment. 


Many sellers hire the very first agent they meet and this isn’t necessarily the right process. Selling a home is a huge undertaking. As a seller, you’ll want to dig a bit deeper in order to find the agent who is right for you.


What Experience Do You Have?


It sounds like such an obvious question, but many sellers fail to ask their real estate agents what kind of experience they have. Homes are very expensive business transactions. You want someone who has some experience under their belt to help you get the most bang for your buck in the sale of your home. While there’s no amount of experience that’s “required,” your agent should have some experience selling homes. The ability of an agent to handle deals is very important. 


How Will You Market My Home?


You can’t really sell anything without some kind of marketing efforts. There are many different ways to market a home including direct mailing, online advertising and sending the property to the MLS for wide search availability. It’s important that your real estate agent knows how to market a home. 


How Will We Communicate


This is an important question. You don’t want to hire a real estate agent just to find that they are often unavailable and leaving you wondering what’s happening in the sale of your home. In this age, it’s important to remember how many different ways that we can communicate. There’s e-mail, texting and of course old fashioned phone calling. You want to make sure that the agent you choose to help you sell your home will be open to communicating in the ways that are most convenient for you. 


Will You Be Representing Both Sides Of The Transaction?


Agents have the ability to represent both the buyer and the seller if the buyer doesn’t have their own agent to represent them. This is normal and expected especially in special cases. Dual agency is possible and it is legal. However, sometimes you may want someone who is purely “on your side.” If an agent is getting commission from both transactions, you may think it’s hard for them to be working for both the buyer and the seller without trying too hard to make a deal. You don’t want your best interest to be compromised when you’re selling a home.


If you've recently put your home on the market -- or are considering doing so in the near future -- home staging is a priority which will soon take front and center!

Since "presentation is everything" when trying to catch the interest of prospective buyers, it's crucial to be able to see things through their eyes.

Unfortunately, being able to accomplish that objective is next to impossible because, as a homeowner, you're looking at your home and property through a completely different lens than the rest of the world. The longer you've lived in your home, the more your objectivity is compromised.

Here are a few reasons why it's really difficult to "see the forest for the trees" when it comes to home staging:

First of all, there's the emotional aspect of owning a home and seeing your life unfold there over a period of years. That's especially true for first-time homeowners, parents of growing children, and people who have sunk a lot of money, time, and energy into improvements and customization. Once you've added personal touches to your home to reflect your own tastes, personality, and lifestyle, you're viewing your home through a unique perspective that may cloud your objectivity as a home seller.

Solution: Think Like a Business Owner

For the same reason business owners and executives hire outside consultants to tell them how to improve management efficiency or profitability, home sellers often need professional marketing guidance from a real estate agent or home staging consultant. Getting input from home decorators, landscapers, or home improvement contractors may also provide you with helpful ideas, but their recommendations may not always be the most economical and cost effective.

When staging your home to enhance eye appeal and attract the most potential buyers, a good guiding principle to keep in mind is ROI or "return on investment." While you don't want to sink more money into sprucing up and staging your home than necessary, you do want to cast it in its best possible light. Depending on how recently your home has been updated or improved, your investment in home staging may be relatively inexpensive. On the other hand, if you haven't updated, repaired, or made improvements for more years than you care to remember, the cost of making your home irresistible to buyers may be a lot higher!

One More Scenario

If your tastes could be described as eclectic, "off the wall", or otherwise out of the mainstream, you might need to consider a major overall in the look and feel of your property. Unless you're lucky enough to have it be a "sellers' market" at the time you're putting your house up for sale, it's generally advisable to make your home appealing to as wide a range of potential buyers as possible. An experienced real estate professional is usually in the best position to provide the guidance you need to accomplish that key objective.


 
This Lovely Home in Goffstown, NH recently sold for $293,000. This Cape style home was sold by Harold (Buddy) Pope - Bean Group / Bedford.


62 Larch Street, Goffstown, NH 03102

Single-Family

$310,000
Price
$293,000
Sale Price

3
Bedrooms
8
Rooms
3/1
Full/Half Baths
Beautiful updated 3-bedroom home with open floor plan. As you enter the home through the garage, there is custom built-ins in the mudroom and laundry room off mud room. As you enter the kitchen, there is an eat-in area, hickory cabinets and granite countertops. Open concept to living room with hardwood flooring. Great open concept for entertaining. Beyond the kitchen is 3/4 bath, bedroom and an office with built-ins. Upstairs you will find two more spacious bedrooms with full bath. Master bath has an en suite with walk-in closet. There is a heated garage with a separate electrical panel. 20 x 28 room above garage is finished with bar and great space for man town or entertaining. It also includes 1/2 bath. Out back you have a generous deck with bar, above ground pool, patio and 12 x 16 shed that has its own electrical panel. Nothing to do to this home, but move in!




When you’re shopping for a home, there’s so much to consider. Between the questions of what neighborhood you should live in and what style house you like, you need to think of the most important thing: finances. When you think that you’re financially ready to buy a home, you often will get the notion that it’s a good time to just start shopping. There’s several steps that you must take first before you start shopping for a home. One of the first steps you should consider taking before you make the leap into home ownership is to get preapproved. While buyers still tend to skip the preapproval process, doing this can help you immensely throughout the home buying process. While it may seem an insignificant and kind of boring step, getting preapproved is important for your finances. It may even help you to land in a home that you love faster. It’s actually detrimental to make an offer without a preapproval, because some lenders won’t accept an offer without one. Many realtors verify and require that offers come along with the stamp of preapproval. What Does Getting Preapproved Involve? You may have heard of a prequalification. This is much different from being preapproved. Prequalification involves buyer provided information, just to get a sense of how much they can spend on a home. Preapproval involves credit scores, bank statements, tax returns and more. This process states exactly how much lenders will be willing to give to the borrower. All of the documents needed for preapproval are the same exact documents needed for a mortgage. This helps you as the borrower prepare ahead of time as well. These are some of the kinds of documents that you’ll need for preapproval: Pay stubs W-2s from the previous year Federal tax returns from the past two years Two Months of Bank Statements from all of your accounts A credit report While a preapproval is only one step in the long process of buying a home, it speeds up the later steps of securing a mortgage. The process also helps buyers face their financial reality. Don’t put off the important process because you fear that you won’t be approved for the amount that you need. It’s also common for buyers to assume that because someone they know has been approved for a certain amount of money that they will be able to get that same loan amount as well. This isn’t always the case and another great reason to get preapproved. Errors On Credit Reports Often, there are errors on credit reports. That’s why you need to check them often. If you have some errors on your credit report, getting preapproved is a great way to check if there are any errors and give you time to fix them before you apply for a mortgage.



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