Cheryl Phelan's Blog
What better way to unwind after all the stress of moving and settling into a new house than to have a housewarming party? It doesn’t matter if it’s going to be a large shindig or small party, a fancy dinner or a casual barbecue. Whatever the plan, a housewarming party is a fantastic way to show off your new home.
After the cost of moving, you might not want to spend too much on your party. The good news is you can have a housewarming party on a budget. There are no rules or guidelines as to what a housewarming should look like, so work with your space, time, and budget — just ensure you and your guests have fun. Use the tips below as a guide for throwing a housewarming party in your new home without putting a dent in your pocket.
Make a Budget
The first thing to do is to figure out how much you want to spend. You do not have to go overboard financially to throw a great party; work with whatever amount you have available.
Set a Reasonable Date
Choose a date and time that’s comfortable for you — financially and mentally. After the stress of moving and settling in, give yourself enough time to recover before hosting friends and family.
Cap Your Guest List
When there is a budget constraint, limit the number of guests you invite. Restricting guests to your closest friends, your immediate family, and your new neighbors will help you keep costs down especially when it comes to providing food and beverages for a crowd.
Utilize Free Invitations
There are multiple free invite options available for you to use, but a simple Facebook or WhatsApp message will do. Request RSVPs from your guest so you can prepare for the number of people attending.
Skip the Decorations
The purpose of your housewarming party is to show off your new home. You do not necessarily have to use other forms of decorations. If you intend to decorate anyway, buy decorations that serve you after the housewarming such as a string of festive fairy lights or tiki lamps for your patio.
Throwing a housewarming party on a budget means inviting people over to your place to have fun with what you have available. Ensure you have fun while at it. Your agent is an excellent resource for local specialty shops to find unique party décor or local foods to try.
Let's face it – buying a home in a hot housing market is no easy task. For example, if you wait too long to submit an offer on a house, you risk losing this residence to a rival buyer. On the other hand, if you rush to submit a home offer at or above a seller's initial asking price, you risk spending too much to acquire your dream residence.
Clearly, there's a lot to think about as you search for a home in a hot housing market. Lucky for you, we're here to help you overcome myriad homebuying hurdles and acquire your dream residence, even in a hot housing market.
Let's take a look at three tips to help you succeed as a homebuyer in a hot housing market.
1. Narrow Your Home Search
You know that you want to live in a specific city or town, but you still are uncertain about what type of house that you want to purchase. However, if you create a list of home must-haves and wants, you can narrow your house search and speed up the homebuying process.
Once you have a homebuying checklist in hand, you should have no trouble evaluating residences in a hot housing market. Then, you can check out these houses in person and move one step closer to submitting an offer to purchase your dream house.
2. Get Pre-Approved for a Mortgage
To acquire a home in a hot housing market, you'll likely need a mortgage. Thankfully, lenders are available that can teach you everything you need to know about a wide range of mortgage options.
Lenders can explain the differences between adjustable- and fixed-rate mortgages, describe exactly how a mortgage works and much more. That way, you can assess many mortgage options and select one that matches your finances.
After you obtain a mortgage, you can enter a hot housing market with a homebuying budget. This will enable you to further accelerate your home search and ensure you can quickly submit an offer as soon as you discover your ideal residence.
3. Collaborate with a Real Estate Agent
Navigating a hot housing market sometimes can be tricky, particularly for a homebuyer who is competing against dozens of rivals. But if you hire a real estate agent, you can receive comprehensive support as you pursue a home in a hot housing market.
A real estate agent is ready to assist you in any way possible. This housing market professional will offer insights into the real estate conditions in a particular city or town and help you map out your homebuying journey accordingly.
In addition, a real estate agent understands exactly what it takes to buy a residence in a hot housing market. He or she will help you put together a competitive offer on any home, at any time. And if your offer is rejected, a real estate agent will help you regroup and reenter a hot housing market so you can find your dream home.
Ready to buy a home in a hot housing market? Use the aforementioned tips, and you can accomplish your homebuying goals faster than ever before.
Before you sell your home, you may wonder if there are any areas that you can improve on before putting the home on the market. Kitchen renovations have one of the highest return values of any changes that you make to your home. It’s worth investigating what areas of the room could use some improving. Some of these upgrades don’t even require you to start a construction project.
Clear Off The Counters
You don’t even have to replace the countertops to add some value to your home. Making it appear as if your counters have the maximum amount of space before you show the home can really impress potential buyers Simply clear your counter, clean it, and make any small repairs that you notice may need to be done. If you have time and the budget, you can always replace tired old countertops. Simply showing that your counters have more room can really make a big difference.
Add A Backsplash
You can add a backsplash or update your existing one in order to breathe some life into your kitchen. Make sure that the tiles you choose coordinate with the theme of the kitchen. This is purely cosmetic but a kitchen with a fresh backsplash sells much faster than a tired, worn looking kitchen backslash, or even a kitchen without a backsplash at all.
Add Some Technology To The Kitchen
Buyers like simplicity and convenience in their potential homes. Consider adding some technology to the kitchen like USB outlets and smart appliances. If you can save a buyer from needing to upgrade their appliances and meet their 21st century needs at the same time, your home will be a very attractive sell. There are few things more enticing to buyers than brand spanking new appliances in the kitchen! These updates will surely add value to your home before you sell.
While floors offer the least return for your investment, buyers don’t like looking at old, dirty floors! Take the time to clean up your floor and replace it if needed. It’s not a difficult do-it-yourself project and can really make your kitchen look more attractive.
Clean The Cabinets
Buyers are very into looking at every nook of the home they may potentially buy. That means if you have nice looking cabinets, you can have a leg up as a seller. Whether you need to clean and stain the wood on your cabinets, add a fresh coat of paint, or do a larger project and replace the cabinets altogether, there are plenty of ways that you can give your cabinets a fresh look, drawing attention to this part of the room. Be sure that whatever you do to your cabinets will bode well with the style of the kitchen.
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