Tag Archives: Homebuying

📢 NEW LISTING IN AVALON WITH MUST-SEE RENOVATIONS BY SHANNON STALEY AND SONS! 📢

DHREA 14/01/2019

After you view the slideslow below, click this link to see the stunning work put in by Chris Ciccarelli and the fantastic crew at Shannon Staley and Sons! We were blown away by the modernized look!

Network with over 600 other real estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com, and be the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
609 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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🎈 PROPERTY UPDATE! 🎈 Remodeled and move-in ready, this Penn Hills home is priced to move!

DHREA 07/01/2019

This beautifully renovated, move-in ready home located in Penn Hills is back on the market at a reduced price! The seller is motivated on this one. Contact Megan Clancy for a showing, check out the slideshow below, and click this link for full property details!

Don’t miss Alex Deacon’s first FREE Real Estate Networking Workshop of 2019! The event is filling up fast. Click the box below to reserve your seat in the room!

Detailed Game plan from A-Z for your next Buy and Hold

Saturday, Jan 12, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

31 Members Attending

This is a great session for those who want to buy and hold. This will give you an idea of realistic expectations that you can count on for your current and your future investments. We will look at some of my current and past buy and hold properties and take a close look to see what mistakes and successes I had made and lets learn from those and com…

Check out this Meetup →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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🚨🚨 OPEN HOUSE SUNDAY, JANUARY 13TH! 🚨🚨 Come out and see this freshly renovated brick home in Pleasant Hills!

DHREA 05/01/2019

This newly remodeled four bedroom, two full bathroom is back on the market! Come out to Pleasant Hills next Sunday, January 13th, and see this wonderful home and newly finished basement.

Sean Sabina will be hosting this open house! Contact Sean for more details regarding the event, check out the slideshow below, and click this link full property details!

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Don’t miss Alex Deacon’s first FREE Real Estate Networking Workshop of 2019! Click the box below to reserve your seat in the room!

Detailed Game plan from A-Z for your next Buy and Hold

Saturday, Jan 12, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

18 Members Attending

This is a great session for those who want to buy and hold. This will give you an idea of realistic expectations that you can count on for your current and your future investments. We will look at some of my current and past buy and hold properties and take a close look to see what mistakes and successes I had made and lets learn from those and com…

Check out this Meetup →

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#TaraMTG Tuesday (On a Wednesday): Increased Mortgage Rates — Should You Still Buy In 2019?

DHREA 02/01/2019

(Every Tuesday we feature a blog from one of our fantastic affiliates, Tara Mortgage Services! We opted for Wednesday this week due to the holiday.)

Does the news of rising rates make you second guess buying your first home in 2019? It shouldn’t and here’s why:

Higher Rates But Not Frighteningly High

With headlines that read “Feds Hike Up Mortgage Rates — Highest Since 2014,” it’s no wonder that you doubt that it’s a great time to buy your first home. While it’s true that the mortgage rates are higher than 2014, historically, the increase tells a different and promising story. Homebuyers in 2017 took advantage of a prime environment that included higher employment rates and low mortgage rates.

However, we must keep in mind that although interest rates were low, they were, in fact, higher than they were in years prior!

As many of you can remember, 2008 marked the beginning of a horrific economy in the U.S. Unemployment inched closer and closer to 10 percent, and those that were employed didn’t have much job stability. Understandably, the Feds had to take measures to pull us out of recession by lowering rates –but the goal had always been to increase rates gradually as the economy recovered.

And that’s what they’ve been doing, slowly increasing in relation to the strength of the economy.

You Can Still Afford to Buy a Home Despite the Increase

In a competitive housing market, you’re worried that you’ll be outbid. But in a higher mortgage rate market, does that mean you’re out altogether? No!

While the current rate increase and planned increases by the Feds change things, it does not substantially change your buying power as a potential homebuyer.

How much you qualify for is more a matter of your income, debts, credit score, and the amount you can put as downpayment –and less to do with mortgage rates.

The rates do, however, impact your monthly payment. So for those homebuyers with a set monthly mortgage payment window, rising rates may change the listing prices of the homes you’re looking at. On the bright side, an increase in rates sometimes means lower asking prices –again, ensuring that you can still buy your dream home at a reasonable cost and affordable monthly payment despite higher interest rates.

2019 Is A Great Time To Buy A Home

Don’t let the hype of higher rates scare you into thinking you missed out on buying your first home. When you look at current mortgage rates in a historical lens, you’ll see that it’s a sign of a strong economy and the modest increase does little to affect your buying power.

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Blue Label Labs Featured Blog: Bringing Real Estate into the 21st Century with These New Technologies

DHREA 29/12/2018

(We’ve partnered with the great folks at Blue Label Labs to bring you this fantastic blog!)

Real estate is a massive industry with an incredibly high value—already over $1 trillion in New York City alone. Yet in contrast to many fields which have been eager to adopt and implement new technologies throughout their practices, real estate remains a relatively low-tech sector.

Although real estate continues to lag behind in its utilization of the possibilities offered by technological solutions like on-demand app development, artificial intelligence, and more, the industry’s major players are looking for ways to get ahead of their competition. Technology is affecting real estate in important ways and its prominence will only continue to increase in the near future.

Proprietary and Outsourced Solutions

Cloud services have already taken over multiple areas of the workforce. However, many real estate companies continue to compete using their own solutions, a significantly less efficient and more expensive model. Focusing on in-house development diverts important resources that could be used to improve more important aspects of the business.

Along with outsourcing workflow, real estate companies have also been behind other businesses in adopting technologies that could change the way they do business. In sticking to traditional real estate procedures, these companies are allowing their practices to become more and more outdated.

Aside from the cloud, the following are two additional technologies that have the potential to change the real estate industry.

Blockchain

Most people associate the word blockchain with Bitcoin, but the truth is that this technology has important applications in a variety of contexts. The market for blockchain is expected to reach $3 trillion by 2024, and it offers improved efficiency, transparency, and security compared to traditional alternatives.

Blockchain’s possibilities in the economy are just beginning to be explored, so it will likely be a few years before it’s able to have its full impact on the real estate industry. That said, many exciting startups are already working on discovering new ways to incorporate blockchain in the world of real estate.

Virtual Reality

Virtual reality offers an improved customer experience through the ability to see a house in detail without having to physically visit. Compared to traditional photos, or even video, virtual reality gives users a much more vivid experience and feel of a house or apartment.

As with blockchain, there are already businesses working on virtual reality solutions for the real estate market. While the industry has always been reluctant to move forward with new solutions and technologies, both blockchain and virtual reality have the potential to significantly affect how real estate operates.

Although there are exciting possibilities just around the corner, real estate is still in the early stages of this transformation. These technologies and others will likely begin to become more visible throughout the industry in the next few years. Many of the inefficiencies and inconveniences associated with purchasing and renting property will be improved through the use of these technological solutions.

(This blog was originally posted at BlueLabelLabs.com)

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
595 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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OpenListings.com featured blog: Is winter the best time of year to buy a house?

DHREA 20/12/2018
Is winter the best time of year to buy a house?

Even if you’ve never purchased a home before, you’ve probably heard the term “spring market.”

Traditionally, the warmer months were thought of as the only time to get into the real estate market, but that’s not always the case.

If you’re looking to buy a home without all the heat of a potential bidding war, here’s 3 main reasons why this winter just might be the best time to buy:

1. Sellers are more motivated

Calendars become packed around the holidays. Between social events and familial obligations, very few of us would want to add yet another thing to our already busy schedules — especially something as important as selling your home.

As a buyer, you can use this knowledge to your advantage.

Sellers who are willing to market their home during the winter usually need to move right away.

These sellers are moving for a reason — a new job, a progressing relationship, or a family emergency — that’s so important they’re willing to inconvenience themselves during the busiest time of year.

It stands to reason that, if they’re willing to compromise their time, they’ll probably be willing to negotiate on price, too.

While your real estate agent is ultimately the best person to help you decide how to make an offer based on your current market, it’s something to think about.

If coming in under budget is your top priority, buying in the wintertime is probably your best bet.

2. The house’s true colors come out

Let’s be honest: everything looks better on a sunny summer day.

The reason why most agents encourage their clients to sell during spring & summer is because it’s literally the best possible light.

You’re seeing properties in their prime — the most natural light, neutral temperatures, and landscaping in full bloom.

In the winter, sellers don’t have that advantage.

Buyers will know if the heat isn’t working correctly. They’ll know if certain windows are drafty, and with less daylight, there’s more of a chance buyers will see a property after dark.

As the buyer, you should always go into showings with a discerning eye, but shopping around in the wintertime can help make potential deal breakers seem more apparent.

If you’re buying in a cold, rainy, or snowy spot, you’ll want to give extra consideration to some winter-specific details about the home.

How much shoveling, if any, will need to be done if there’s snow? Will you need to contract with someone to bring in oil? Is the house drafty or well-insulated and seale?

Make note of these factors so they can weigh into your decision making process.

3. There’s less competition

Since spring is the dominant time to buy, there might be another unforeseen advantage: less competition.

Many buyers take the “wait until spring” approach and get started with the masses.

Whether it’s kickstarting a New Year’s resolution or timing a house hunt around the kids’ school year, you can bet that the market will be its most crowded in springtime, which means you’ll be fighting over inventory with everyone else who had the same idea.

While inventory can be more limited in the winter, so can the number of potential buyers you’ll be competing against.

Sellers will be grateful to have someone willing to brave the ice, snow, or chill (if you live in that sort of climate) to come see the property.

And since there are fewer interested parties, there’s less of a chance you’ll have to deal with a high-stress multiple offer situation.

This article originally appeared on OpenListings.

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
591 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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NEW LISTING! Great Investment/Starter Opportunity in Sheraden (Montour School District)

DHREA 13/12/2018

🎈 NEW LISTING! 🎈

Currently rented to long term tenants who have taken great care of the property, this would make a great addition to any portfolio! The property has three bedrooms, with the attic currently being converted into a 4th bedroom. The property also has a decent sized yard, and is in the Montour school district. Check out the slideshow below, and click this link for full details on this great opportunity for investors or anyone looking for their starter home!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
592 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

UPDATE! Remodeled starter/investment home in Washington REDUCED!

DHREA 08/12/2018

🎈 PROPERTY UPDATE! 🎈

Fully rehabbed inside and out, this home would be great for a first-time homebuyer or as a rental property in your portfolio! Watch the slideshow below, and click this link for full property details!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
593 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Read More

UPDATE! 1672 Hillsdale in Dormont has been REDUCED!

DHREA 07/12/2018

🎈 PROPERTY UPDATE! 🎈

This beautifully renovated brick home in the heart of Dormont has been REDUCED! Click below for a slideshow preview, click this link for full property details, and click this link to conctact Ashley Johnston today!

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
593 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

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Want to buy a house with Bitcoin? Here’s what you need to know!

DHREA 05/12/2018

Want to buy a house with Bitcoin? Here's what you need to know.

 

With everyone going cryptocurrency crazy and the value of a single Bitcoin having skyrocketed as high as $19,000, there’s two things guaranteed when you work at a real estate startup:

  1. Your parents and non-tech savvy family members will ask you to explain what the hell it is over and over again
  2. Tech-savvy buyers who’ve mined their way to Bitcoin and other crypto riches will want to know if there is a way for them to buy a house using Bitcoin

For these questions, we say: “It’s like internet money, Mom.” and “Yes, it’s totally possible to buy a house with Bitcoin.”

How buying a house with Bitcoin works

If you’re serious about purchasing a house with Bitcoin, there are a few factors that come into play:

The seller has to be down
First, you have to find a seller who is willing to accept Bitcoin as payment for the house. You can use our search to look for the words “Bitcoin” or “Ethereum” or whatever your cryptocurrency of choice happens to be to find potential property matches.

Once you have an accepted offer, the title and escrow companies have to agree to handle the transaction
Even if you are able to find a seller that’s willing to accept your offer in Bitcoin, it can be tricky to find title insurance and escrow companies who feel comfortable handling virtual currency transactions. To take on your home purchase, they may require you to cash out your Bitcoin so that your transaction can be treated more like a traditional house purchase.

The future is here

Still have those Bitcoin homebuying dreams? Here are a few of our favorite properties for sale in California and Washington that’ll accept your cryptocurrency:

6023 W Beachwood Ln. Los Angeles, CA 90038
6023 W Beachwood Ln bitcoin house for sale

This Hollywood Hills new construction is smart home ready & highly walkable. Listing price is $1,190,000. If you buy it with Open Listings, you’ll get $11,900 back. View Listing

1338 Orchard Ave. Wenatchee, WA 98801
1338 Orchard Ave house for sale bitcoin

This charming & Wenatchee home could make a great investment for the right Bitcoin buyer with its big corner lot and full apartment above the garage. Listing price is $399,900. As of writing this, that’s about 25 Bitcoins. View Listing

1301 Duhig Rd Napa, CA 94559
Buy Napa California land for sale with Bitcoin

This may only be the bird’s eye view of this 10 acre plot in Napa County, but it’s ready and waiting for you with 3 bedrooms, 2 bathrooms, a hot tub, and some of Napa Valley’s finest wineries as your neighbors. Pretty, pretty, pretty good. Listing price is $2,900,000. Buy it with Open Listings, and get $36,250 back. View Listing

On the hunt to buy more homes with that Bitcoin? House hunt for free with Open Listings, find matches the moment they hit the market, and save thousands in unnecessary fees.

(This article originally appeared on OpenListings.)

 

 

 

Connect with nearly 600 other Real Estate professionals! Join Alex Deacon’s Real Estate Networking Workshop group on MeetUp.com today, and be the first to receive updates regarding Alex’s FREE monthly workshops!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
591 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

 

 

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