Brooklyn News & Real Estate Trends 

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Feb. 21, 2024

A Family-Friendly Guide to Activities in Brooklyn

Alt-tag: An aerial view of Brooklyn across the bridge

 

 

Brooklyn, often called the "borough of neighborhoods," is a fantastic place for families to explore and enjoy. With its diverse culture, rich history, and an abundance of family-friendly activities, Brooklyn has something for everyone. We'll take you on a tour of the best family-oriented activities that Brooklyn has to offer. Get ready for an adventure with our family-friendly guide to activities in Brooklyn!

 

Prospect Park

 

This extensive 585-acre oasis invites families to discover its wonders. The green haven offers an abundance of activities suitable for all ages. Whether you need a spot for a family picnic, want to explore scenic hiking trails, or simply take a nature stroll, Prospect Park has it all. The Long Meadow is the perfect open space for games of frisbee or soccer, allowing the family to enjoy the outdoors. The Prospect Park Zoo is also a hit with the little ones, providing a chance to get up close and personal with various fascinating animals. And don't forget to visit the Lefferts Historic House, where stepping back in time allows you to learn about the rich history of Brooklyn.

 

Brooklyn Children's Museum

 

This would not be a family-friendly guide to activities in Brooklyn without the Brooklyn Children's Museum! It is an educational gem for families with curious kids. This interactive museum has many hands-on exhibits designed to engage children of all ages. The museum's diverse exhibits will ignite your child's imagination, from the wonders of the natural world to explorations of art and culture. Be sure to check out the Sensory Room, thoughtfully created to provide a calming and immersive experience for children with special needs.

 

Pro Tip: If you are a tourist on a layover in Brooklyn for the day, you might not have a place to keep your suitcases or heavy bags. A trusted and local solution is at your disposal – U. Santini Moving and Storage Brooklyn, a reputable and well-established name in the borough. They offer a reliable luggage storage service that caters to locals and visitors alike. With their extensive experience in the moving and storage industry, you can trust them with your bags while you explore Brooklyn worry-free.

 

Coney Island

 

Coney Island, steeped in nostalgia, remains a timeless destination for families spanning generations. It's where classic boardwalk games transport you to a bygone era, and Luna Park's thrilling rides promise endless excitement. Treat your taste buds to the iconic flavors of Nathan's Famous hotdogs, and spend a day at the beach building sandcastles or simply strolling along the iconic boardwalk.

 

Alt-tag: Luna Park Ferris wheel on Coney Island

Caption: Visit Coney Island for some family fun

 

 

New York Aquarium

 

The New York Aquarium near Coney Island offers an immersive experience for kids eager to learn about marine life and conservation. Find sea lions, penguins, and mesmerizing underwater exhibits. Your family can go on an underwater adventure without ever getting wet. The interactive Touch Tank, where children can gently touch marine creatures, is always a favorite among young visitors. With educational programs and conservation efforts, the aquarium encourages a deeper understanding of our oceans and the creatures that call them home.

 

Brooklyn Botanic Garden

 

Amidst the hustle and bustle of city life, the Brooklyn Botanic Garden offers an escape. Families can wander through stunning gardens, each season offering a unique spectacle, from cherry blossoms in spring to vibrant roses in summer. The Children's Garden is thoughtfully designed for young botanists, allowing them to get their hands dirty while learning about plants and nature. Don't miss the annual Cherry Blossom Festival, a breathtaking display of blooms that captivates visitors of all ages.

 

Alt-tag: Our family-friendly guide to activities in Brooklyn will take you to Brooklyn Botanic Garden, with a pond and colorful trees

Caption: Brooklyn Botanic Garden is a wonderful oasis

 

 

Brooklyn Bridge Park

 

Brooklyn Bridge Park is not just a park; it's a scenic playground that provides breathtaking views of the Manhattan skyline and the iconic Brooklyn Bridge. It's the perfect spot for family outings, where your kids can let loose and explore the various playgrounds. The lawns offer an ideal setting for a family picnic, and the waterfront provides opportunities for leisurely bike rides along the river. During the summer months, the park hosts various events and outdoor movies, ensuring endless entertainment options for families of all ages.

 

Brooklyn Ice Cream Factory

 

If you want to cool down and satisfy your sweet tooth, the Brooklyn Ice Cream Factory is a must-visit hidden gem. Housed in a historic fireboat house, this ice cream parlor offers a wide range of flavors to delight all tastes. Indulge in classic scoops, create your own sundaes, or enjoy a refreshing root beer float while taking in the stunning views of the Brooklyn Bridge. It's a treat for all ages, making it the perfect post-park or after-dinner destination for families exploring Brooklyn.

 

DUMBO

 

DUMBO, an acronym for Down Under the Manhattan Bridge Overpass, is a vibrant neighborhood that seamlessly blends art and culture, making it an ideal destination for families with artistic inclinations. Wander through art galleries and admire mesmerizing street art and stunning architectural designs. Don't forget to visit Jane's Carousel, a beautifully restored vintage carousel perfect for kids of all ages.

 

Alt-tag: A green DUMBO sign

Caption: Our family-friendly guide to activities in Brooklyn will take you to DUMBO

 

Brooklyn Public Library

 

For families who value the love of reading, a visit to the Brooklyn Public Library is a must. Many branches of the library system offer dedicated children's sections with an extensive collection of books, storytelling sessions, and engaging educational programs. It's a great place to spend a rainy day, allowing your children to get lost in the pages of a good book. After a day of exploration, the library provides a tranquil and educational space where families can unwind.

 

Planning Your Move to Brooklyn

 

Are you so in love with Brooklyn that you want to move here with the family? Imagine being able to enjoy all these wonderful activities every week! If you have made such a decision, you will definitely need the help of long distance movers in Brooklyn. With their extensive knowledge of Brooklyn neighborhoods and an understanding of the unique challenges that come with moving a family, they ensure that your journey to your new home in Brooklyn is seamless. Their services allow you to focus more on exploring and less on the hassles of moving, giving you the peace of mind to immediately start enjoying all of Brooklyn's family-friendly adventures.

 

Brooklyn Adventures Await with Our Family-Friendly Guide to Activities in Brooklyn

 

Brooklyn is a treasure trove of family-friendly activities waiting to be explored. Whether you're a resident or a visitor, Brooklyn offers endless opportunities for memorable family adventures. So pick up our family-friendly guide to activities in Brooklyn, pack your bags, grab your loved ones, and get ready to create lasting memories in this vibrant borough.

  

https://unsplash.com/photos/aerial-view-of-city-buildings-during-daytime-uuYvO1gcqyw

https://unsplash.com/photos/red-and-blue-ferris-wheels-during-daytime-YRPO1tFNKTU

https://unsplash.com/photos/a-body-of-water-surrounded-by-trees-and-a-building-hcfu6ZlFTuY

https://unsplash.com/photos/people-walking-near-dumbo-signage-mHpJToohk1Y

 

Posted in Traveling
Dec. 12, 2023

The Ultimate Guide to Moving to Brooklyn with Kids

Feature image Alt text: Parents and their two children sitting at a table and smiling

Brooklyn has become an oasis for families, offering a unique vibe, diverse communities, and plenty of family-friendly amenities. Thus, many are finding the idea of moving to Brooklyn with kids appealing and rewarding. This guide aims to help you navigate this significant change, ensuring a smoother and more enjoyable experience for your entire family. From understanding the different neighborhoods, finding the right schools, and exploring kid-friendly activities, we’ve got you covered. So, let’s get into it and start planning your family’s next big adventure.


Caption: There is a right neighborhood for every family; you just need to do a little research to find it. Alt text: A shot of the Brooklyn Bridge between two buildings

Get Familiar with the Neighborhoods

Brooklyn’s vast choice of neighborhoods offers something for every family. From the tree-lined streets of Park Slope with its renowned schools and family-oriented vibe to the artistic atmosphere of Carroll Gardens and the scenic views and spacious parks of Bay Ridge, there’s a perfect fit for everyone. These neighborhoods are not just places to live; they’re communities that provide safety, amenities, and a sense of belonging. When selecting a neighborhood, consider the proximity to parks, schools, and local shops. Think about the commute to work and the availability of public transportation. Join community forums and talk to current residents to get a genuine feel of the neighborhood. Your goal is to find a place that aligns with your family’s lifestyle and values, ensuring a happy and fulfilling life.

Finding Family-Friendly Housing

The search for the perfect family home in Brooklyn requires patience and diligence. The borough offers a variety of housing options, from charming brownstones in historic neighborhoods to modern apartments. When searching for a home, prioritize safety, space, and proximity to essential amenities. Look for neighborhoods with parks and recreational areas, and consider the quality of local schools. Use online housing portals and connect with real estate agents specializing in family housing. They can provide invaluable guidance and help you navigate the competitive housing market. The right home will provide a safe and nurturing environment for your children to grow and thrive.


Caption: Good education is really important to parents when choosing where to raise a family. Alt text: An empty classroom with a big whiteboard

Navigating Schools and Education

Education is a crucial factor for families moving to Brooklyn. The borough offers diverse schooling options, catering to different needs and preferences. Public schools such as P.S. 321 in Park Slope have a stellar reputation for academic excellence. Charter schools like Brooklyn Charter School provide innovative education approaches, while private institutions such as Saint Ann's School offer a unique, arts-centered curriculum. Conduct thorough research on the schools in your preferred neighborhood, paying attention to academic performance, extracurricular offerings, and parent reviews. If possible, visit the schools, meet with teachers, and get a feel for the environment. Consider the school's proximity to your new home, ensuring the daily commute is feasible. In addition, tap into local parent groups and online forums specific to Brooklyn. These platforms can be valuable resources, providing insights and firsthand experiences from other families.

Exploring Kid-Friendly Activities and Amenities

The borough has numerous expansive parks, such as the famous Prospect Park. You’ll find a zoo, numerous playgrounds, and ample space for picnics and outdoor activities here. Museums like the Brooklyn Children’s Museum provide interactive and educational fun where your kids learn while they play. The borough is also renowned for its family-friendly dining options. Restaurants such as Lella Alimentari in Williamsburg serve delicious, kid-friendly Italian fare in a welcoming environment. These dining spots understand families' needs, so you and your little ones have a pleasant experience. On top of that, you’ll find numerous parenting groups and community organizations here. These groups provide a supportive network, helping parents and children connect and feel at home in their new neighborhood.


Caption: When moving to Brooklyn with kids, it's important to make them feel included in the relocation process. Alt text: A woman and a little girl packing boxes together

Moving to Brooklyn with Kids: Relocation Tips

Relocating to Brooklyn with kids necessitates careful preparation. Talk to your kids about the move early on, and try to make them see all the pros. Involve them in the process by allowing them to pack their belongings. Also, let them say goodbye to their old home. This gentle approach can ease their anxiety and make them feel included in this significant change. Choosing a specialized moving service will ensure a smooth relocation, particularly when moving from areas like the Upper East Side in Manhattan. For this specific relocation scenario, you might want to look for Upper East Side movers experienced in family relocations. They will be adept at addressing the unique needs of a family move and will handle your belongings with care. On moving day, maintain a calm and collected atmosphere to help kids feel less anxious.

Integrating into the Brooklyn Community

Successfully moving to Brooklyn with kids involves more than just finding the right home and school. You need to become part of the community. This area is known for its strong sense of community, which can be a tremendous source of support for both parents and children.

To quickly integrate into your new surroundings:

·         Attend local events and fairs, which are great opportunities to meet neighbors and make new friends.

·         Explore community centers and libraries, which often host family-friendly activities and events.

·         Join local parenting groups or online forums specific to this area, providing a platform to connect with other families and gather valuable local insights.

These steps help build a network of contacts and friends, which can be particularly comforting for kids as they navigate the changes that come with moving.

Conclusion

The adventure of moving to Brooklyn with kids is a decision that comes with many challenges. However, it also offers many opportunities for family growth and happiness. With its diverse neighborhoods, family-friendly housing, outstanding schools, and abundance of activities, Brooklyn provides a welcoming and nurturing environment for families. As you settle into your new home, take the time to explore and connect with your community.

Images used:

https://www.pexels.com/photo/loving-family-laughing-at-table-having-cozy-meal-3807571/

https://www.pexels.com/photo/manhattan-bridge-seen-between-buildings-2706653/

https://www.pexels.com/photo/school-bench-with-stationery-in-classroom-5905445/

https://www.pexels.com/photo/woman-in-white-crew-neck-t-shirt-sitting-on-brown-couch-4568697/

 

Sept. 28, 2023

5 Up-and-Coming Neighborhoods in Brooklyn

Feature image
Alt-tag: Brooklyn Bridge.

In the labyrinthine community of Brooklyn, a world within a world awaits. Beyond the iconic skyline and renowned hotspots lies a tapestry of neighborhoods, each weaving its unique tale of transformation. The dynamism of neighborhoods in Brooklyn is an ever-evolving canvas where history and modernity intersect in unexpected ways. Often overlooked by the hurried masses, these neighborhoods are carving out their identities, breathing new life into the borough. Join us on a journey through the lesser-known streets as we unveil the enchanting narratives of Gowanus' artistic resurgence, Bushwick's creative metamorphosis, the cultural melting pot of Sunset Park, the historic charm with a twist in Bed-Stuy, and the quaint resilience of Red Hook. Step off the well-trodden path and immerse yourself in the vibrant spirit that defines these up-and-coming pockets.

Gowanus: The Artistic Revival

Amidst the urban hustle, Gowanus emerges as a haven for creativity, painting the industrial canvas with vibrant hues. Once known for its canal's murky waters, Gowanus now hosts art galleries, embodying the neighborhood's rebirth. Stroll through these galleries, each brushstroke a testament to innovation and resilience. The transformation of warehouses into studios is a symphony of urban renewal. This eclectic energy not only cleanses the canal but also infuses life into every nook, attracting both locals and those making the leap to NY from another state. And while looking for reliable interstate movers to help you make that leap, thoroughly research them and ask for references if possible. This will help make your move to Brooklyn a breeze. All in all, the magic of Gowanus lies in its ability to bridge the gap between industry and artistry, thus making it a haven for everyone.

Caption: Carefully research moving companies if you want to have a smooth relocation to Gowanus.
Alt-tag: A woman sitting on the sofa and using a laptop.

Bushwick: Hipster Haven Turned Cultural Gem

Bushwick's metamorphosis transcends its hipster reputation, blossoming into one of the top up-and-coming neighborhoods in Brooklyn. Graffiti-drenched streets narrate their journey. Once considered gritty, it's now a mosaic of galleries, cafes, and multicultural flavors. The echoes of its industrial past harmonize with avant-garde artistry, attracting both traditionalists and those seeking artistic inspiration. This urban evolution doesn't just celebrate change—it flaunts it. Bushwick's street art, a symphony of colors and narratives, beckons explorers while nurturing a sense of community. Trendy cafes and eateries breathe life into renovated spaces, honoring heritage while embracing the contemporary. An irresistible draw for the creatively inclined, Bushwick reverberates with authenticity, infusing global influences into its urban fabric. Bushwick's evolution exemplifies Brooklyn's vitality, a reminder that transformation can be both revitalizing and harmonious. It's a neighborhood where one can savor an artisanal latte while pondering the stories etched on its walls.

 

Caption: Bushwick is a real cultural gem and one of the top up-and-coming neighborhoods in Brooklyn.
Alt-tag: Aerial view of Bushwick.

Sunset Park: A Melting Pot of Diversity

Sunset Park dances to a symphony of cultures, a testament to Brooklyn's vibrant diversity. Its streets embrace various ethnic communities, each contributing a unique flavor to the neighborhood's tapestry. As you explore, the aroma of global cuisines beckons, from dim sum to tacos, creating a culinary journey around the world. The neighborhood's heart, its waterfront park, offers a tranquil escape with breathtaking views of Manhattan's skyline. Sunset Park's growth nurtures local businesses, cultivating an authentic sense of unity among its inhabitants. The spirit of cooperation and exchange permeates its streets, creating an environment that fosters community engagement and cross-cultural connections. Sunset Park is more than a neighborhood; it's a testament to the power of diversity to shape a cohesive and vibrant urban landscape.

 

Bedford-Stuyvesant (Bed-Stuy): Historic Charm with a Modern Twist

Bed-Stuy's brownstone-lined streets exude timeless elegance, a fusion of history and contemporary energy. This neighborhood honors its African-American heritage while embracing innovation. The grandeur of its historic architecture blends seamlessly with artisanal boutiques and cultural spaces. Bed-Stuy's legacy is palpable, a tribute to its role in shaping African-American culture. Local gardens and markets infuse the area with vitality, reflecting a commitment to sustainability and community bonding. The neighborhood's dynamic evolution invites newcomers moving to NY to immerse themselves in a harmonious blend of past and present. Bed-Stuy thrives as a cradle of inspiration, where echoes of the past resonate alongside the hum of progress. This is a place where cobblestone streets and trendy cafes coexist, where history and reinvention intertwine.

 

Red Hook: Quaint Seclusion by the Waterfront

Nestled along the Brooklyn waterfront, Red Hook is a serene escape from the urban bustle. Cobblestone streets lead to a maritime haven where history intertwines with the sea breeze. Its shipyard echoes of yesteryears, while independent shops and distilleries evoke a modern artisanal charm. Red Hook's seclusion offers solace, a refuge where creativity flourishes and the skyline's silhouette mesmerizes. However, the neighborhood's tranquility contrasts with its resilience; floods have tested its spirit, yet the community bounces back. For those embarking on the journey of moving to NY from another state, Red Hook embodies adaptability, embracing change while cherishing traditions. So buying a home in this area is perfect for those looking to start a family. It's a place where the waterfront whispers stories of maritime glory and contemporary dreams, creating a harmony that's uniquely Red Hook.

 

Moving to Neighborhoods in Brooklyn – A Quick Tip

Embarking on a move to Brooklyn, especially one spanning cross-country distances, necessitates meticulous planning. The energetic pulse of New York City, often bustling and teeming with activity, amplifies the significance of foresight. The chaotic, crowded, and at times, frantic nature of the city can overwhelm the unprepared. To navigate this urban landscape seamlessly, initiating the moving process well in advance is essential. As Best Cross Country Movers advises, thoroughly researching moving companies is pivotal in ensuring a hassle-free transition. The city's dynamic rhythm and relentless pace underscore the importance of starting preparations early. From logistical arrangements to settling into your new Brooklyn abode, early planning facilitates a smoother acclimatization.

 

Caption: You won't regret moving to any of these amazing neighborhoods in Brooklyn.
Alt-tag: Skyscrapers in Brooklyn.

In Conclusion

 

In the symphony of neighborhoods in Brooklyn, each note resounds with its own story. From the artistic revival of Gowanus to the cultural gem of Bushwick, the diverse melting pot of Sunset Park, the historic charm of Bed-Stuy, and the resilient seclusion of Red Hook, these emerging pockets exemplify Brooklyn's dynamic transformation. If you're contemplating moving to Brooklyn from another state, remember that timely planning is your compass in navigating the city's vibrant chaos. The threads of history, innovation, culture, and resilience weave through these neighborhoods, inviting you to explore their nuanced narratives. As you traverse the borough's streets, you'll find Brooklyn's essence in its neighborhoods—an ever-evolving urban tapestry that celebrates the past, embraces the present, and paints a promising future.

Images used:

https://www.pexels.com/photo/brooklyn-bridge-new-york-944690/

https://www.pexels.com/photo/woman-using-macbook-sitting-on-white-couch-1181414/

https://unsplash.com/photos/a7AhbqFAEcQ

 

https://www.pexels.com/photo/clouds-over-brooklyn-skyscrapers-17581487/

 

 

July 19, 2023

The Most Common Mistakes to Avoid When Buying or Selling a Home in Brooklyn

Alt.tag: People holding house keys

Welcome to the diverse and vibrant Brooklyn real estate market, a sought-after destination for home buyers and sellers alike. Navigating this dynamic terrain can be thrilling yet fraught with potential pitfalls. A misstep can cost thousands of dollars or even sabotage the entire transaction. Therefore, understanding and avoiding the most common mistakes is essential. This blog post highlights these common pitfalls, offering valuable insight for buyers and sellers navigating this dynamic real estate market. So, read on and learn the most common mistakes to avoid when buying or selling a home in Brooklyn.

Common Mistakes Made by Buyers

Purchasing a home is a significant financial investment, making it even more critical to tread carefully. Brooklyn's real estate market can be complex and unforgiving for the unprepared. This section aims to illuminate the most common buyers' mistakes and how to avoid them effectively.

Overlooking the Importance of Pre-Approval

Securing pre-approval from a lender before house hunting is a crucial step many buyers overlook. Not only does a pre-approval letter give you a clear picture of your budget and how much house you can afford, but it also makes you a more attractive candidate for sellers. In Brooklyn's competitive real estate market, a pre-approval can differentiate you from other potential buyers who lack this endorsement. It signals sellers that you are a serious, financially secure buyer, which can be particularly persuasive in a bidding war. By obtaining pre-approval, you streamline your home-buying process, saving time and avoiding potential heartbreak over unaffordable properties.

 

Alt. tag: Professional movers

Caption: Hire reliable professionals if you decide to move

Underestimating Total Costs of Ownership

When buying a home, it is necessary to consider not only the costs of the property itself but also the often underestimated costs that come with home ownership, like property taxes, maintenance expenses, and homeowners insurance. Property taxes vary in different neighborhoods, and it's crucial to consider their potential increase over time. Additionally, ongoing maintenance and repairs can quickly add up, requiring budgetary planning. Do not forget to calculate the cost of the logistics of the move itself. If you're moving to Brooklyn and looking for long-distance movers, look for an ideal moving partner that's reliable and affordable. You'll get a stress-free move without unforeseen expenses. Taking these costs into consideration ensures a more realistic and sustainable homeownership experience.

 

Alt. tag: A house for sale

Caption: Mistakes to Avoid When Buying or Selling a Home in Brooklyn: When buying a house, don’t let your emotions get in the way of the right judgment.

Falling in Love with a Home at First Sight

It's easy to get swept away by the allure of a dream home that captures your heart at first sight, especially in the captivating neighborhoods of Brooklyn. However, it's crucial not to let emotions cloud your judgment when making a significant financial decision. Falling in love with a home should be followed by a prudent approach that includes due diligence and inspections. Take the time to thoroughly assess the property's condition, evaluate its suitability for your needs, and consider any potential red flags that may not be apparent at first glance. Conduct proper research and remain objective. Make an informed decision that aligns with your long-term goals and avoids costly regrets.

Neglecting the Neighborhood and Lifestyle Factors

While the excitement of house hunting and exploring Brooklyn's hidden gems can be enticing, it's crucial not to overlook the neighborhood and lifestyle factors when buying a home. Beyond the property, consider the neighborhood's character, amenities, and accessibility to essential services like schools, parks, and transportation. Assess the lifestyle compatibility with your preferences and plans. Additionally, keep an eye on the neighborhood's potential for future growth and resale value. By thoroughly evaluating these factors, you can ensure your new home aligns with your current needs and investment goals.

Common Mistakes Made by Sellers

Avoiding common mistakes can make a significant difference in achieving a successful and profitable transaction when selling a home in this area. Sellers often face challenges and pitfalls that can hinder their efforts. This section explores the most common mistakes and provides insight to help you navigate the process, maximizing your sales potential.

 

Alt. tag: Buyers talking with the seller

Caption: It is very important not to make the mistake of overpricing or underpricing your property.

Mistakes to Avoid When Buying or Selling a Home in Brooklyn: Pricing the Property Incorrectly

It's significant to avoid the pitfalls of both high and low prices when selling a home. Overpricing can deter potential buyers and result in a stagnant listing that lingers on the market. On the other hand, underpricing may lead to missed opportunities for maximizing your home's value. Investing the money from the sale is especially important in buying your next property. Also, additional moving costs are waiting for you. Find suitable moving companies in the Best Long Distance Movers database of movers to reduce costs. They’ll also give you the necessary advice on the moving process. A thorough market analysis is essential to determine an accurate and competitive price. This analysis considers recent sales, market trends, and the unique features of your property. By pricing your home correctly, you can attract interested buyers and increase the likelihood of a successful sale.

Ignoring Necessary Repairs and Improvements

Neglecting necessary repairs and improvements is one of the mistakes to avoid when buying or selling a home in Brooklyn and can lead to costly mistakes. Visible issues or a lack of upkeep can deter potential buyers. To increase your home's appeal and value, address necessary repairs and make strategic improvements. Fixing plumbing leaks, repairing damaged flooring, or replacing outdated fixtures can make a significant difference. Enhancing curb appeal through landscaping or freshening paint can attract more interested buyers. Take time to spruce up your property and create a positive first impression. Instill confidence in potential buyers and ultimately increase your chances of a successful sale.

Neglecting Proper Staging and Photography

Neglecting proper staging and photography can undermine your efforts to sell your home quickly and at the desired price. First impressions are crucial, and staging is pivotal in showcasing your home's potential. De-cluttering, rearranging furniture, and adding tasteful decor, create an inviting atmosphere for potential buyers. Furthermore, professional photography is essential in capturing the best features of your property and creating visually appealing listing images. Quality photographs attract more attention online and leave a lasting impression on potential buyers. Investing in proper staging and photography enhances your home's appeal and increases the likelihood of a successful sale.

Conclusion

Buying or selling a home requires a comprehensive understanding of the buyer's and seller's perspectives. Overlooking the common mistakes to avoid when buying or selling a home in Brooklyn can hinder your success in this vibrant real estate market. Familiarize yourself with the challenges and pitfalls faced by buyers and sellers. Navigate the transaction with confidence and avoid costly errors. This holistic approach ensures a smoother and more rewarding experience for all parties involved in Brooklyn's dynamic real estate landscape.

Meta Description: Here are common mistakes to avoid when buying or selling a home in Brooklyn. Discover steps and tips for a successful real estate transaction.

Focus Keyphrase: Mistakes to Avoid When Buying or Selling a Home in Brooklyn

Photos used:

https://www.pexels.com/photo/elderly-couple-holding-keys-of-a-house-besi8de-a-man-in-black-suit-jacket-8815932/

https://www.pexels.com/photo/man-and-woman-working-together-5025667/

https://www.pexels.com/photo/white-and-brown-concrete-bungalow-under-clear-blue-sky-210617/

https://www.pexels.com/photo/man-talking-to-clients-7641863/

 

May 9, 2023

The Pros and Cons of Renting vs. Buying in Brooklyn

Featured Image
Alt-tag: Buildings in Brooklyn.

The Pros and Cons of Renting vs. Buying in Brooklyn:

What You Need to Know

 

Brooklyn is quite a popular place to move to. Be it for work, education, or something else, there are thousands of people every year that choose to call Brooklyn their new home. And one of the main questions those people have to answer is whether they will rent or buy after moving here. So, let's explore the pros and cons of renting vs. buying in Brooklyn and come out with a decent idea of how to approach answering this question.

 

The pros and cons of renting vs. buying in Brooklyn

To make things simple, we will first outline the pros and cons of renting and then do so for buying. Once we have a clear overview of all the pros and cons, we will outline certain general conclusions. We leave it up to you to factor in different types of properties and see how they fit your real estate needs.

 

Renting pros

Let's start off with the pros of renting in Brooklyn. The first one is flexibility. Namely, it is important to remember that Brooklyn is a big place. As of writing this article, there are over 3000 apartments available for rent. Therefore if a specific apartment doesn't suit you, you can always look for a better one. The same goes for your neighborhood or general area of Brooklyn. Keep in mind that many of these apartments offer specific amenities like gyms, rooftop terraces, and common areas. So, finding a Brooklyn apartment for rent that suits you perfectly should be pretty feasible. Experienced moving companies like Movers Not Shakers NYC advise newcomers to Brooklyn shouldn't expect to live in their initial apartments for too long. In most cases, a year is more than enough to learn a thing or two about Brooklyn and find an apartment that suits you better.

The longer you live in Brooklyn, the easier it will become to find a decent apartment to rent.

 

Alt: A couple high fiving while unpacking.

 

Another pro of renting in Brooklyn is carrying less financial strain. Yes, you will have to pay for the rent and the security deposit. But you won't have to pay for any significant repairs or maintenance. Nor will you have to worry about property value fluctuations or keep track of mortgage interest rates.

 

Renting cons

The first con of renting is that you have limited control over your living space. If you wish to make any changes to the apartment, you will have to get the go-ahead from the landlord. For any major modifications, this likely won't happen. Similarly, unless you have a law-binding agreement with the landlord, there is no guarantee that your rent won't go up. The landlord can even decide to evict you if doing so suits their needs.

Dealing with Brooklyn landlords can often be quite a headache.

 

Alt: A landlord holding keys.

You should also keep in mind that while there are over 3000 available apartments in Brooklyn, they are in high demand. Good, affordable apartments don't stay available for long, which is why you might not be lucky enough to find one. Furthermore, even if you do, you are still giving your landlord money for rent which could otherwise finance the purchase of your desired property. When considering the pros and cons of renting vs. buying in Brooklyn, it is crucial to consider both the short-term and the long-term implications.

Buying pros

Now, let's take a closer and the pros and cons of buying a home in Brooklyn. At first glance, it may seem that you should always purchase a property if you have the finances. After all, you would have complete control of it and wouldn't waste money on rent. But, as you might have guessed, the decision between buying and renting in Brooklyn is never that simple.

The first pro of buying property in Brooklyn is that you have control over it. You can modify and personalize your property however you see fit, whether you wish to use it for residential or commercial purposes. Another option is to rent out your property and use it as another source of income. Owning property also helps build your equity and can even help you improve your wealth through property appreciation. Lastly, it shouldn't go without notice that owning property in Brooklyn does come with certain tax benefits like exemption from school taxes or tax abatement.

Consider all the financial implications of the pros and cons of renting vs. buying in Brooklyn.

Alt: A person comparing the pros and cons of renting vs. buying in Brooklyn from a financial standpoint.

 

 

Buying cons

Unfortunately, buying property in Brooklyn is anything but cheap. Apart from the cost of the property (which can be substantial), you also have to factor in down payments, closing costs, upfront expenses, and moving costs. For instance, a home in Downtown Brooklyn can easily cost $ 1 million. Add to this %15 for closing costs and upfront expenses, and factor in moving costs, and you'll soon come at a hefty price. Even if you go through the trouble of looking for movers in the area that are affordable, you are still looking at a substantial financial burden.

Also, since you are the owner, you will have to take care of any major maintenance or repairs. Depending on how well the previous owners managed the property, you might need to also invest in a significant renovation. Unfortunately, you don't get much investment stability with all this cost. All real estate markets are prone to change. And your real estate can lose value over time.

 

Finally, buying property in Brooklyn ties you to it. Whether you live or rent it out, you must spend ample time there. If doing so doesn't suit you, maybe buying property in Brooklyn is the right call.

Conclusion

With the pros and cons of renting vs. buying in Brooklyn, can we come to a conclusion on what you are supposed to do? Well, we would advise that you ask yourself two questions. First is whether you can afford to buy and own a home. If not, rent. If yes, proceed to ask yourself the second question. Do you plan on staying in Brooklyn? If yes, purchasing a home might be the better option. Carefully consider what your future life in Brooklyn will be like and whether you live in the right neighborhood for raising a family. You should also consider ongoing real estate trends and whether buying a home is a suitable financial investment.

 

 

Photos used:
https://pixabay.com/photos/buildings-street-wall-facade-6257691/
https://pixabay.com/photos/keys-house-property-real-estate-5238834/
https://www.pexels.com/photo/multiracial-couple-giving-high-give-standing-near-pile-of-boxes-4246202/
https://www.pexels.com/photo/person-writing-on-white-paper-8927687/

 

Jan. 25, 2023

Exploring the Best Hidden Gems of Brooklyn

Feature image
Alt-tag: The Brooklyn Bridge.

One of the greatest joys in life is traveling. Visiting new places, experiencing new things, and learning about different cultures is incredibly inciting. And every city has its signature attraction. And while famous tourist attractions are incredible, sometimes those lesser-known spots make the city what it is. Unfortunately, it is hard to learn about those if you are only visiting a new place only for a few days. It takes a while to truly explore a city and learn about all those interesting places that are a little under the radar. So we decided to do something to help anyone planning to visit a new place or perhaps already living in it but never got the chance to explore it. To be more specific, we made a list of some hidden gems of Brooklyn.

 

What makes Brooklyn so great?

Brooklyn is New York's most populous borough and one of the most interesting ones. It's a city filled with history, culture, and art. It's a bit more relaxed and more community-focused than Manhattan. That's why many people who want to settle and slow down a little choose Brooklyn as their new home, even those who live far away.

Also, moving to Brooklyn from far away and hiring long-distance movers is quite simple, as there are many affordable moving companies. Then once you let experts get you settled, it's time to start exploring the borough. There are some notable features of Brooklyn, like the Brooklyn Bridge and Coney Island, but we will focus on these hidden gems of Brooklyn:

 

      Le Boudoir

      Bushwick Collective Street Art

      The Puppet Library

      Brooklyn Banja Bathhouse

 

Caption: There are many hidden gems of Brooklyn worth experiencing and photographing.
Alt-tag: Man with a camera around his neck.

Le Boudoir

Putting the words 18th century France and Brooklyn doesn't make much sense, right? Well, in Le Boudoir, one of the secret gems of Brooklyn, it absolutely does. This is a small craft cocktail bar whose interior is inspired by the design of Marie Antoinette's private chambers she lived in while she was queen. Rooms are filled with deep red color and a lot of golden details. The sofas are colorful and soft, and the lights are dimmed but still pleasant.

This makes the place feel more private and intimate and creates a wonderfully cozy atmosphere. You can enjoy your food, as Brooklyn is famous for that, and drink delicious creative cocktails while live jazz music is playing. This is a perfect place to get to know the borough and its community, especially if you just moved in. You can have a big family dinner, a romantic date, or lunch with friends.

 

Bushwick Collective Street Art

As we said before, one of the things that make Brooklyn so unique is the culture and art. And one of the shining examples of that is the Bushwick Collective Street Art. If you ever find yourself in Brooklyn, visiting this spot is a must, even if you are not a passionate art lover. The creation of this art collective started in 2012, and over time talented street artists from all over the globe have made it what it is today. New murals are being made all the time! You can see the way art progresses and changes through this art collective.

Some people move to Brooklyn just to be close to this incredible display of creativity. According to experts at Clean Cut Moving, many of their clients shared that one of the main reasons they are moving to Brooklyn is experiencing the art and that unique spirit that Brooklyn has.

 

Caption: Bushwick collective street art will impress even those not big fans of street art.
Alt-tag: A man painting graffiti.

The Puppet Library is one of the best hidden gems of Brooklyn

We continue our list of hidden gems of Brooklyn with the Puppet Library. This unique and creative place in Brooklyn College is very under the radar; many locals don't know about that. There are many innovative handmade puppets that go up to 20 feet tall. That sight alone makes it a place worth visiting. Furthermore, there are animal puppets, film and tv character puppets, and all kinds of other creative shapes.

 

Many New Yorkers might have seen these puppets in one of the parades. But they don't know there is the Puppet Library where they can go and see it all the time. You can take your whole family to see a puppet show, and it is a guarantee that you will have a good time. Also, because this place is so hidden, there won't be a big crowd, so you can relax and enjoy the show.

 

Brooklyn Banja Bathhouse

We have arrived at the last item on our list, and that is Brooklyn Banja Bathhouse. Even though it is an extensive 10000 square feet facility, this bathhouse is not that well known to people outside of Brooklyn. And that is a huge missed opportunity because the experience here will leave you feeling fresh and rejuvenated. It is perfect after you have had a long exhausting week and need to relax. This is an authentic Russian bathhouse at Coney Island that offers services such as:

 

      Swedish massage

      Relax aroma massage

      Sea salt scrub

      Hot stones massage

 

Caption: Have a relaxing spa day at an authentic Russian bathhouse in Brooklyn.
Alt-tag: Woman getting a massage.

And so much more. As you can see, there is something for everyone. The staff is incredibly kind and professional and will ensure you have a great time there. The exact location is 602 Coney Island Ave, Brooklyn.

In conclusion

Many hidden gems of Brooklyn will satisfy tourists worldwide and even inspire some people to move there. You can visit 18th-century France-style cocktails bars, enjoy some incredibly creative street art, experience all the glory and weirdness of the Puppet Library in Brooklyn College, and at the end of the day, go and relax at the authentic Russian bathhouse. It's crucial to look under the surface when visiting a new place. There is so much more to see and experience. It's just hidden a little, but it's really worth finding.

Posted in Traveling
Jan. 19, 2023

A Step by Step Guide To The Home Buying Process

 

Buying a home is a big step and can seem overwhelming, but with the right guidance and preparation, it can be a smooth and enjoyable process. Here is a step-by-step guide to help you navigate the home buying process:

 

1.     Pre-Approval:

This is the first step in the home buying process, and it involves getting pre-approved for a mortgage. To do this, you will need to provide your lender with preliminary documents such as W-2s, pay stubs, bank statements, and tax returns. This will give you an idea of how much you can afford to spend on a home and will also make you a more attractive candidate to sellers.

 

2.     Find A Home:

Once you have your pre-approval, it's time to start looking for your dream home. Assess your wants and needs and let a real estate agent like Century 21 MK Realty help you find the perfect home to fit your lifestyle.

 

3.    Make an offer:

Once you find a home that you love, make an offer. If the offer is accepted, sign the binder and schedule an inspection.

 

4.    Inspection:

Schedule a home inspection within 5 days of the accepted offer. This will give you a professional evaluation of the condition of the home and any potential issues that need to be addressed.

 

5.    Contract:

The seller's attorney will prepare a contract for the buyer's attorney to review and discuss with their client.

 

6.    Application:

Submit updated documents from your pre-approval to your mortgage broker.

 

7.    Order Appraisal:

Within two weeks of the signed contract, the mortgage broker will schedule an appraisal.

 

8.    Appraisal Report:

Once the mortgage broker receives and reviews the appraisal report, they will update you on any outstanding items needed for approval. Stay in touch with Century 21 MK Realty throughout this process.

 

9.    Underwriting:

The processor will submit your file to the underwriting department for review and a commitment letter will be issued. This letter will be sent to the buyer's attorney for review.

 

10. Commitment:

Submit all outstanding closing condition items to the mortgage broker for the commitment letter prior to final clearance.

 

11. Title Report:

The buyer's attorney will submit the title report to the bank attorney for review and clearance

12. Homeowners Insurance Policy:

Provide a copy of the appraisal and mortgage clause to the buyer to secure a homeowners insurance policy.

 

13. Clear to Close:

The buyer's attorney will be notified that the file is clear to close and a closing date will be scheduled by both the buyer and seller's attorneys.

 

14. Final Walk-Through:

Do a final walk-through of the property to approve the condition of the house prior to signing the purchase documents with your Century 21 MK Realty agent.

 

15. Closing:

All parties will sign the closing documents with the bank attorney. Congratulations! You are now a homeowner!

 

 

The Home Buying Process Tips:

 

Helpful Strategy:

 

  • Save and submit all future pay stubs.
  • Save and submit all future bank statements (complete with all pages)
  • Keep copies of all documents submitted to processing.
  • Continue to pay all debts and loans on time.

 

Common Mistakes:

 

  • Don't make any cash deposits.
  • Don't make any large purchases on your credit cards.
  • Don't co-sign a loan for anyone.
  • Don't change bank accounts.
  •  
  • Don't apply for new credit cards.

 

Dec. 23, 2022

Best Areas for Raising a Family in Brooklyn

Best Areas for Raising a Family in Brooklyn

Alt: View of the Brooklyn Bridge from the streets below.

It is easy to become overwhelmed when deciding where to relocate your family. The possibilities are endless, and most people are afraid that they will make a bad choice. However, we believe you won't make a mistake if you relocate to Brooklyn.  Brooklyn is quickly becoming one of the most desirable in New York. That is mostly the case because of Brooklyn's exciting cultural scene, excellent dining options, spacious parks, and promising business climate. It's great for families and young people, entrepreneurs, and artists. Getting settled in this New York City borough will indeed be an ordeal. However, it's worth it once you see everything it offers. Therefore, to help you choose, we'll discuss the best areas for raising a family in Brooklyn.

1. Dumbo

When deciding where in Brooklyn to relocate, we recommend examining Dumbo first. Older generations from Brooklyn knows Dumbo by its old name: "Down Under the Manhattan Bridge Overpass." However, due to the influx of new residents and businesses in recent years, Dumbo has become the preferred moniker.  That said, what makes Dumbo a great place for raising a family in Brooklyn because of its many parks and playgrounds. Bridge Park 2, a new public park for the area, will be constructed not far from the York Street F subway stop. The park will have swings, a spray shower, brand-new playground equipment, and a multipurpose synthetic grass field. 

Other than that, Dumbo also boasts a new public library, the first in Brooklyn since the 1970s. Furthermore, The Brooklyn Children's Museum is another popular playground in Dumbo. The community also hosts concerts and other activities appropriate for all ages. Additionally, the fall and winter seasons bring out the neighborhood's full beauty, making now an excellent time to move.

2. Red Hook

A move to Red Hook will require you to travel further north than Dumbo or Downtown Brooklyn, but this should not deter you if you're willing to put up with some traffic. Moving to Red Hook may be the best option for people looking to raise their families in quiet residential areas. Indeed, the neighborhood is home to several lovely residential areas and community spaces, such as the Van Brunt Playground and the Spuyten Duyvil Creek Park. Furthermore, several elementary schools in the area have recently received significant upgrades and expansions to meet the growing population's needs. Given these enhancements and other family-friendly amenities, the Red Hook neighborhood is an excellent choice for raising children in New York City. Therefore, if that is what you're looking for, you can quickly settle in with expert help, maybe even before the end of the holiday season.

3. Boerum Hill

Like other parts of Brooklyn known for its historic brownstones, Boerum Hill is conveniently close to downtown. It is also close to the shopping and entertainment hubs of the Fulton Mall, City Point, and the Barclays Center. Additionally, Boerum Hill is home to several green spaces and recreational areas that give the neighborhood its signature atmosphere. The popular Boerum Park, Carroll Park, and the quieter Cobble Hill Park are among them. Thousands of people gather in these parks each year for the Halloween Parade.

Furthermore, in Boerum Hill, you will find many amenities. Among them are the YMCA, the New York Transit Museum, multiplex, art house cinemas, Trader Joe's, Michael's, and Marshall's. Finding a crew to get you here is easy. Therefore, if you like what you've heard, there is no reason to postpone your relocation. 

4. Windsor Terrace

You will find Windsor Terrace immediately over Prospect Park. It is a great place for people who find Park Slope's rent too high. Windsor Terrace is more residential, and some would even say more sleepy than the surrounding neighborhoods. Windsor Terrace may be a dream come true if you enjoy peace (but still want to live in Brooklyn). We've mentioned that Windsor Terrace is near Prospect Park and Park Slope. That allows families to enjoy the best of both neighborhoods without driving. Close by are Prospect Park's Parade Grounds and Vanderbilt and Greenwood playgrounds. That guarantees that you will never be at a loss for kid-friendly activities.

Additionally, you will find some of the best elementary and middle schools in the city within District 15, which includes Windsor Terrace. One of the defining features of Windsor Terrace is that it mostly has single- and multi-family homes rather than apartment complexes. That means that it doesn't have many renters. However, it also means that it is a better neighborhood for people who want to buy a permanent home rather than rent one. We think this is an ideal neighborhood for raising a family in Brooklyn and want a quiet life in the Greenpoint/Prospect Heights area.

5. Brooklyn Heights

And last but certainly not least on our list of the best areas for raising a family in Brooklyn is Brooklyn Heights. It is the home to all of the city's most endearing hallmarks. This region is great for families because of its historic buildings, Brooklyn Bridge Park, and unique community atmosphere. Soon, there will be a new library and a permanent public pool at Squibb Park. Furthermore, there are several prestigious private schools in the area, and the public schools were rezoned to accommodate the growing population. In addition to that, downtown Brooklyn and the DUMBO area are both close by. However, due to its rising popularity, Brooklyn Heights has seen a rise in the median value of its residences to slightly over $1 million. On the other hand, if you are looking to rent, you will be looking at a price somewhere around $3,800.

Meta description: If you are looking for the best place to relocate with your family, here are some of the best areas for raising a family in Brooklyn.

Keyword: Raising a family in Brooklyn.

Image used:

https://unsplash.com/photos/wOj5odhDOZ0

 

 

 

Nov. 22, 2022

Fun Ways to Spend Fall Days in Brooklyn

Fun ways to spend fall days in Brooklyn

Feature image

Alt-text: Brooklyn Bridge

Brooklyn is a place that caters to people of all ages. Both residents and tourists are happy in this New York City neighborhood. You will easily find ways to have fun, whether you visit with friends or family. The Brooklyn community and the amenities found here are significant enough to make you consider even moving here. Find the best ways to spend fall days in Brooklyn, from the always-fun Coney Island to the Bushwick murals.

Visit Coney Island for a day

One of the most popular things you can do in Brooklyn is go to Coney Island. This place is an endless source of fun and has it all. The amusement park can entertain people of all ages. After you’ve taken your turn on the rides, go for a walk through the Aquarium. Even though the fall weather makes it impossible to go for a swim, you can still walk along Coney Island beach. All in all, this is the perfect place to visit with your friends and family. With so many amenities, you will easily find ways to spend an entire day here.

Go to the Brooklyn Museum this fall

Stay away from the rain and cold weather by going to the Brooklyn Museum this fall. This art museum features so many different collections and pieces that you will be able to spend an entire day here without any problems. Best of all, the museum always holds different events. If you are looking to buy Christmas presents early, you can buy unique gifts at the museum’s gift shop, too.

Visit the Maria Hernandez Park in Bushwick

 

This gorgeous public park is worth visiting. It is one of the best places to visit with children and family members. This park will help you stay active during the colder fall months with playgrounds, basketball courts, and available exercise equipment. If you plan on visiting Brooklyn with your dog, you can also take your pet to this park, as there are dog-friendly areas available here. In Brooklyn, the sense of community is strong; proof of that is this park. Places like these will make you want to stay here for good and relocate to Bushwick. You can easily do so by hiring professional movers to handle your Bushwick relocation. Soon enough, you will be part of this beautiful community. 

In Brooklyn, you can ride your bike anywhere

Alt-text: a bicycle inside a home

Explore the nightlife scene in Brooklyn

Brooklyn may seem like it’s a good location only for families, but this isn’t the case. With many different clubs, the Brooklyn nightlife scene will keep you entertained. You and your friends will always have somewhere new to go and dance. No matter what kind of music you like to listen to, in Brooklyn, you will easily find something that you’ll enjoy during the weekends.   

Go thrift shopping in Brooklyn

The best way to find unique items is to go thrift shopping. Second-hand clothes can be found in all conditions and of every quality. No matter if you are looking for simple décor for your home or high-end brands, you will find it all in the Brooklyn flea market. There are many locations for flea markets in Brooklyn, with the most famous one being in Dumbo. Besides the flea market, you can go window-shopping in the thrift shops and find things that are just as great. You will save yourself some money along the way as well.

Visit the Brooklyn Botanical Garden

 

Fall weather has its disadvantages, but one of the biggest pros is the look of the Brooklyn Botanical Garden. One of the best ways to spend fall days in Brooklyn is to visit the Brooklyn Botanical Garden. With the leaves changing color and falling on the ground, it creates a scenery everyone should see. The Brooklyn Botanical Garden has so many different species of trees and plants, all in one place. You will get the opportunity to see new species of plants while at the same time going on a relaxing walk. 

You will never be bored during your stay in Brooklyn

Alt-text: an image of Brooklyn

See the Bushwick murals

There’s nothing better than taking a relaxing walk while the weather is still nice. Before the first snow falls, take this opportunity to go on a stroll through Bushwick and see some of the famous murals found here. The artwork truly makes this place one of a kind. From simple graffiti art to 3D murals, this neighborhood is a must-see when in Brooklyn. If you are coming to Brooklyn with your dog, take them along with you.

Explore Brooklyn's food scene

After a long walk through the Brooklyn Botanical Garden, go inside one of the plenty of Brooklyn restaurants to warm up. You will get to enjoy some of the best food in New York right here in this neighborhood. The food scene in Brooklyn is vast, with many restaurants featuring food from all over the world. You can find somewhere to go for every meal of the day without having to eat the same thing twice.

Bike riding is one of the ways to spend fall days in Brooklyn

 

Brooklyn is a very walkable neighborhood, and you can easily get around. Use these last days before the snow falls to ride a bike through Brooklyn. Renting a bike is an affordable option to do so. You will get to experience Brooklyn in a different way when you take a bike to get around. Another advantage to bike riding in Brooklyn is the fact that you will be able to see more in a much shorter period of time. 

One of the ways to spend fall days in Brooklyn is by exploring the food scene

Alt-text: an image of a waiter bringing food to the table

To sum up

Brooklyn is one of those places you will keep coming back to. This gorgeous New York City neighborhood has features that can make anyone fall in love with it. With so many different murals to see and Coney Island rides to go on, one day won’t be enough. Brooklyn has so many attractions and amenities that there’s no chance of ever being bored here. Use this fall season to visit and explore Brooklyn as a local by using our ways to spend fall days in Brooklyn.

Meta: There are many ways to spend fall days in Brooklyn. Find out the best and most popular activities and locations in Brooklyn.

Kw: ways to spend fall days in Brooklyn

https://www.pexels.com/photo/manhattan-bridge-seen-between-buildings-2706653/

https://www.pexels.com/photo/brown-buildings-410237/

https://www.pexels.com/photo/activity-bicycle-bike-biker-276517/

 

https://www.pexels.com/photo/blur-breakfast-chef-cooking-262978/

 

Sept. 30, 2022

Buying a Home for Now or Forever?

When it's time to purchase your first home, you have a choice to make: do you buy based on your current needs or based on what you want in the future? The home-buying process isn't simple, so before you make your decision, consider all the potential outcomes carefully. Melanie Kishk Realty walks you through the process.

Buying a Starter Home

A starter home is usually a smaller space, and sometimes it's an older home. These homes usually have a smaller price tag and thus a lower down payment. However, you often don't get to choose the amenities you want, you may need to invest in some repairs, and the home may be in a less than desirable location. Beginning with a starter home means you either need to sell later or rent out the space as an income opportunity in the future. 

Buying a Forever Home

Conversely, a forever home is usually larger with all the bells and whistles. It's a place you plan to stay for a long time. These homes generally have a much higher price and a larger down payment. With a move-in-ready home, you may not earn equity as quickly as you might with repairs made on a starter home. However, you do get more space and amenities, you can put down roots in a place where you plan to spend many years, and if things go according to plan, you don't need to move again. 

Other Considerations

You may be leaning one way or another, but these other minor considerations may push you in a particular direction when considering what type of home to buy.

Pre-Approval

Before you fall in love with a home, it's a good idea to meet with a lender and get a preapproval. Most importantly, this tells you how much you can afford for a home on your salary. It's no fun to fall in love with a house just to realize that it's out of your price range. At the very least, use an online calculator to figure out the correct price range for your home search.

Down Payment

There's no set amount you need to have for a down payment. The down payment amount often depends on the home loan you go with. However, saving enough for a down payment of 20% or more allows you to avoid having to pay private mortgage insurance, which means a greater portion of each mortgage payment goes toward paying off the home. 

Moving Services

For many, moving is the most difficult part of buying a new home. If you agree, make sure you add into your budget the cost of movers. Read reviews online before reaching out for quotes. When you're ready to hire, get your entire contract — including pricing — in writing to avoid any issues. Most movers require a home inspection before quoting to be sure the price is accurate.

Protecting Your Investment

It doesn’t matter if you choose a starter home or a forever home. You’ll want to protect your investment by getting homeowner’s insurance and a home warranty. You may think that a homeowner’s insurance policy is enough, and it does provide very helpful coverage. However, it may not cover as much as you think. Insurance will cover damage to the structure itself, stolen items, and injuries that occur on your property. But if you want coverage for major appliances or home systems breaking down (like your HVAC unit), you’ll need a home warranty. There are many options for home warranty companies, but do your research before committing. Make sure that they offer an annual renewable policy that covers breakdowns to your heating, cooling, electrical, and plumbing systems, along with appliance repairs.

Your New Home

Finding a new house can be exciting, whether it's the home of your dreams or just a place for now.  Be realistic about what you want and what you can afford, and then work with a skilled real estate professional like those with Melanie Kishk Realty to find the perfect home for your situation.