Porcupine Real Estate


Posted by Mark Warden on 2/1/2017

 What is your dream home? It is a water-front home, a cabin in the woods, a city apartment or a home on a cul de sac in a suburb? The phrase “dream home” means a lot of different things to a lot of different people. Here are some things to consider when looking for your dream home:
- Square Footage - Consider how much room you need in your home. Do you need a media room or a finished basement? Three decades ago the average home size was 1,645 square feet. Now the average home size has gone up to 2,195. Recent trends have shown house sizes again decreasing as buyers evaluate what they truly need.

- Floorplan - Think about how you will use your home, will you be entertaining? Do you like your home with rooms that are intimate and have a traditional feel? Or do you prefer an open floor plan? The way you use your home will dictate the type of floor plan you ultimately choose.

- Extras - What kind of extras are you looking for in a home? Do you want granite counter tops, high-end appliances, or other extras?  That will also affect price. Decide what you want and make sure it fits your budget.

- Landscaping - The bigger the better may not be the case when it comes to a lawn. A big lawn means lots of landscaping. If you are willing to perform the necessary upkeep you may opt for a large yard; if not, your dream home may be a home with a smaller yard or even a condo.

- Location - Choosing a neighborhood is important when picking your dream home. If you have a family or are planning one in the future you most likely will want to look at school systems.  Other considerations are commute time to work, location to stores, highways, the ability to walk to venues and public transportation.  





Posted by Mark Warden on 7/3/2015

Owning your own house or apartment is a gratifying experience, as you not only have a place you can call home, but you also have the freedom to live the way you choose once you enter your domain. However, to find a home that can truly make you happy, there are a few points that you should consider beforehand. The first point to think about is the neighborhood (where your home will be located). This is important, because you need to feel that the area you are living in will be safe from crime, and that it will also be easy to commute to work on a daily basis. In the end, you do not want to spend too much time traveling in the evenings or in the mornings, as this can only make life more difficult. The next point to think about is how much space you want, as well as how many responsibilities you are willing to put up with. In other words, you could either choose to find a home that has a huge garden and a swimming pool, which is perfect if you enjoy gardening and going out for a swim, or, you could decide to do away with these extra bells and whistles if you hate gardening and do not want to spend time cleaning the pool. In other words, you want a home that you can truly feel comfortable living in, as this in turn will ensure that you can keep your life as stress free as possible. Price is always important, and you want to make sure you look for a home that you can afford. There are a lot of other expenses you have to think about, cable TV, insurance, taxes, telephone, heat, electric, maintenance etc. So make sure you factor all of these into your monthly budget. You do not want to be house poor and buying a home that you may fall in love with can in the end be very stressful if you are struggling to pay for it every month. Look for a home at a good value and that may need some cosmetic fix ups and grow into the home with home improvements down the road. This will bring value to your home and in turn be a good invest when you go to sell the home.





Posted by Mark Warden on 3/27/2015

To buy or not to buy that is the question. There are reasons for or against homeownership on both sides of the fence. So here are the pros and cons of buying a home. You decide... Pros: 1. It Costs Less- With record low interest rates, and low home prices a mortgage payment on a house can be less than a rental payments. 2. Equity -If you own a home rather than rent you are building equity. If you pay rent you have nothing to show for it. If you own a home you are building equity. Even if housing prices stay flat part of your mortgage payment goes towards the principal balance and eventually you will own the home. Cons: 1. You Could Get a Better Money Return-A home may not be the best return on your money. You may find a better return on capital in the stock market. If you are just looking at it in a strictly financial way there are better investment strategies. Historically, the S&P 500 has returned an average of 13.4% -- 4.8% higher than the 8.6% average return on housing. 2. It is a Big Commitment-You can't just sell your house and move quickly. It is a long term decision. If you job requires frequent moves this can be a significant consideration. Now that you have seen some of the pros and cons the decision is ultimately up to you and what is best in your circumstance. The pros cannot be disputed. Low rates and prices almost make buying a no-brainer if it fits within your financial situation.





Posted by Mark Warden on 3/6/2015

If there was ever a time to purchase real estate it is now. A unique combination of circumstances makes buying a home a no-brainer. Here are five reasons why you should buy a home NOW...   1. Houses are more affordable 2. Historically low mortgage rates 3. Prices are stable 4. Home ownership is the path to independence and wealth 5. Owning a home gives you pride of ownership Call today to find out what homes are available in your price range or do a quick search to look for homes and create a profile on this site to save your favorites.





Posted by Mark Warden on 2/27/2015

Buying a new home is a significant investment and it's best to get it right the first time. To achieve this, it is important that you take into consideration lots of important factors before signing on the dotted line. Many people, in a state of euphoria and excitement hurry into making  decisions that they later regret. There are many important elements involved in purchasing a home that need serious consideration to avoid long term remorse.  Here are some important factors to consider when you are looking to purchase a home. The Condition Of The home The condition of the home you are buying is very important as it should be a true reflection of the purchase price. Here are a few specific issues you must keep an eye open for.

  • Start in the kitchen, make sure all appliances are functioning. Make sure the integrity of the kitchen cabinets are intact. Turn on the tap and leave it running for a few minutes to make sure there are no problems with the drainage system.
  • What is the capacity of the hot water system? Is it sufficient for the needs of the entire family? Check for leaks, rust and aging indicators. Be careful with this as repairing a hot water system is quite expensive.
  • Examine the walls carefully, were they recently painted? If so, do not be deceived, a fresh coat of paint could be masking existing cracks in the walls resulting in an investment of thousands of dollars to repair.
  • Tap the walls to perform a preliminary termite infestation check. You may need the services of a professional to do this for you.
Financial Requirements After certifying that all is well with the home, you can then proceed to negotiations. Although this requires some skills, here are a few tips.
  • There is no harm in negotiating as much as possible, push as far as you can. Some individuals hire a negotiator for this, as cool as this may seem, it may not be the best idea as you are the only one who can effectively communicate your needs. It is recommended you do the negotiation yourself. You will be amazed at how much you can save.
  • Make sure you are familiar with the entire terms and conditions. What is the down payment? What is the payment plan? Are you comfortable with it, what is the interest rate? You must be familiar with all these factors before signing on the dotted line.
The History Of The House
  • It would be nice if you had a little insight into the history of the building. How do you go about this? Ask the neighbors, do your due diligence. Inquire about previous owners, ask about recent renovations, get a feel for the vibe in the neighborhood.  Get as much information as possible, in short learn the story of the house before making it your home.
In summary, there is a lot of joy and sense of fulfillment that is associated with buying a new home. In order to make this joy last, you have to get it right the first time, taking the aforementioned into consideration would help you achieve this.