Thomas Murphy - Pine Shores Real Estate

Posted by Thomas Murphy on 1/7/2018

Adding your residence to the housing market can be tricky. And for those who are unprepared for the potential pitfalls of the real estate market, it may be difficult to get the best results from the home selling journey.

Fortunately, we're here to teach you about the housing market so you can understand what it takes to optimize the value of your home.

To better understand the ins and outs of the real estate market, let's take a look at three common misconceptions that are frequently associated with selling a house.

1. Your home has increased in value since you initially purchased it.

What you paid for your house a few years ago is unlikely to match what it is worth today. As such, it is important for a home seller to understand the current state of the real estate so he or she can price a residence accordingly.

A home seller should look at the prices of comparable residences before adding his or her home to the housing market. By doing so, this home seller can see how his or her residence stacks up against the competition and price it based on the current housing market's conditions.

Also, a home seller should complete a property appraisal. This evaluation allows a home seller to receive expert insights into a house's pros and cons. Plus, a home appraisal ensures a property seller can prioritize myriad home improvement projects to help boost a house's value.

2. You should have no trouble stirring up plenty of interest in your house.

Although a home seller enjoys his or her residence, there is no guarantee that homebuyers will feel the same way. Therefore, a home seller should allocate the necessary time and resources to enhance a property's appearance both inside and out.

Completing simple home exterior improvement projects like mowing the front lawn and clearing dirt and debris from the walkways can make a world of difference in homebuyers' eyes. These home exterior improvements will help you bolster your house's curb appeal and boosts your residence's chances of making a positive first impression on homebuyers.

In addition, don't forget to declutter your residence's interior as much as possible. This will make it easy for homebuyers to imagine what life may be like if they purchase your home.

3. You don't need support from a real estate agent.

When it comes to selling your residence, it is always better to err on the side of caution. With a real estate agent at your side, you may be able to accelerate the home selling process and improve your chances of maximizing the value of your house.

A real estate agent will help you manage challenges throughout the home selling process. He or she will show you how to list your residence and promote it to the right groups of homebuyers, along with provide comprehensive responses to your home selling questions.

Employ a real estate agent to guide you along the home selling process – you'll be happy you did. A real estate agent will do everything possible to ensure you can sell your residence quickly and effortlessly.

Categories: Uncategorized  

Posted by Thomas Murphy on 12/31/2017

As a homebuyer, it is easy to envision finding the perfect house, submitting an offer on it and acquiring it right away. However, it is important for buyers to consider the worst-case scenarios as well.

A buyer who understands the worst-case scenarios that he or she may encounter during the homebuying journey can plan accordingly. That way, this buyer will be better equipped than others to avoid various homebuying worst-case scenarios altogether.

Now, let's take a look at three common homebuying worst-case scenarios, as well as how buyers can avoid these situations.

1. You find your dream home, but it falls outside your price range.

If you enter the housing market without a mortgage in hand, you may need to act quickly to acquire the necessary financing to purchase your dream house. But once you kick off a search for a mortgage, you may find that the cost to acquire your dream home falls outside your budget.

When it comes to getting home financing, it often helps to be proactive. Fortunately, if you meet with banks and credit unions before you launch a home search, you can determine exactly how much money you can spend on a residence.

Banks and credit unions employ friendly, knowledgeable mortgage professionals. With these mortgage experts at your side, you should have no trouble getting pre-approved for a mortgage at your convenience.

2. You discover a wide range of problems during a home inspection.

A home inspection likely will be completed in the days after a seller accepts your offer on a residence. And in some instances, an inspection may force you to reconsider whether you want to purchase a house.

If you encounter problems during a home inspection, you still have lots of options. You can ask a seller to perform assorted home repairs or reduce your offer. Or, you can walk away from a home sale and restart your home search.

For homebuyers who are worried about any problems that they encounter during a home inspection, it is paramount to look closely at all of the aforementioned options. By doing so, you can make an informed decision about whether to proceed with a home purchase or reenter the housing market.

3. You employ a real estate agent who fails to help you achieve your homebuying goals.

Many real estate agents are available in cities and towns nationwide. But if you fail to conduct an extensive search for the right real estate agent, you may struggle to accomplish your homebuying goals.

When choosing a real estate agent, you should learn about this housing market professional's industry experience. It also helps to meet face-to-face with a real estate agent and discuss your homebuying goals with him or her. This will enable you to determine whether you're comfortable working with a particular real estate agent.

Enjoy a quick, stress-free homebuying experience – consider the aforementioned worst-case homebuying scenarios, and you can minimize the risk of potential pitfalls throughout the homebuying journey.

Categories: Uncategorized  

Posted by Thomas Murphy on 12/24/2017

In certain states, attorneys are almost required in order for you to purchase a home. In many states, real estate matters can be handled completely by the real estate agent themselves along with a title company. An attorney’s presence is not required in these states. This is when hiring a real estate agent is most important. 

Buying A Home With An Agent

You can either get your own buyer’s agent to represent you, or you can use the seller’s agent to help you seal the deal. It’s a good idea to have your own agent to represent you, but you have the right to use either option. A buyer’s agent has a duty to keep the buyer’s best interests in mind and to keep all of the buyer’s information private and confidential.

It’s important to find your own buyer’s agent before you even start the house hunting process. Your agent can be a valuable resource in helping you to choose the right home for you and your family. If you decide to use the seller’s agent, their loyalty will be divided between the sellers and you. This is a fine choice as it will be balanced. However, you may want an agent who is completely dedicated to you so that your needs and interests are adequately represented.

If you have a question as to whether an agent is actually representing you as a buyer, the seller, or both, it should be clearly stated in writing for you. This way there will be no questioning as to whom is being represented by who. 

Buyer’s Agent Duties

Having a buyer’s agent is a great resource for you. An agent will be able to help you search for properties. The agent can help you to see properties in person if you are unable to make it to an open house. Buyer’s agents also can provide market analysis to help discover a home’s value. They’ll also strategize with you on negotiating. Other things that the buyer’s agent can assist you with are:

  • Presenting your offer
  • The home inspection
  • The application for a mortgage
  • The completion of the purchase and sales agreement
  • Attend the final walkthrough at the closing

Finding a buyer’s agent is an important part of buying a home. The agent can help you throughout the entire process from finding a home to closing on a home. Your agent can even give you recommendations on everyone who may need to be involved on the road to home ownership including attorneys, inspectors and contractors. It’s important to have someone around who knows all about real estate and can understand every step of the home buying process.

Posted by Thomas Murphy on 12/17/2017

Buying a new home is an exciting prospect. Touring a house can feel like walking around your favorite store, picking out all of the things you love. It's easy to get distracted by things like fresh paint or nice furniture and forget to look for important structural aspects of the home that can make or break a deal. Most sellers will be honest and straightforward with you about the state of the home. In some cases, they are required by law to inform you about costly issues with the home (lead paint or sewage issues, for example). Other times, a seller is under no legal obligation to inform you about potential problems with the home. In these instances, you'll need to rely on your own senses. To help you out, we've compiled a list of the top ten red flags to beware of when buying a home.

  1. Fresh paint  It's common practice when selling a house to put a fresh coat of paint on the walls. It's an inexpensive way to spruce up the home for potential buyers. Sometimes, however, the paint is used as a quick fix for hiding more serious issues. Water damage, mold, and mildew can all be covered up, momentarily, by a coat of paint.
  2. Strong odors We say "strong" rather than "bad" odors because sometimes someone selling a home will try to mask bad smells with air fresheners or candles. Bad smells in a house can be the result of plumbing issues, humidity, indoor smokers, water damage, pet urine, uncleanliness, and any number of undesirable things.
  3. Bad roofing Missing, broken or stacked shingles are all signs that the roof is in need of repair--a costly fix you probably want to avoid if buying a new home.
  4. Cracked foundation A damaged foundation could be a sign of serious structural problems with the house. Especially in sloped areas, cracked foundations can lead to water damage in the basement.
  5. Poor wiring  Don't be afraid to ask to test out the lights and outlets in a home or take a look at breaker boxes. Flickering lighting and faulty outlets are signs that a home is in need of electric work.
  6. Pest issues  Many people underestimate the power of insects when it comes to damaging a home. Wood-eating termites and carpenter ants can both devastate the structure of a home and usually results in an expensive repair. Noticing ants is a huge red flag, but if you suspect a home could have an infestation for any reason try to get it inspected by a pest control firm before you make the deal.
  7. Locked doors and off-limit rooms  When touring a home there should be no areas that you aren't allowed to see. A locked door or "do not enter" sign are all red flags that the seller may be hiding something in that room.
  8. Leaking faucets Small plumbing issues like leaky faucets or toilets that run excessively are signs that there could be even larger issues with the plumbing in the house.
  9. Deserted neighborhood Multiple homes for sale in the neighborhood, deteriorating buildings and closed businesses are all signs of a problem neighborhood. It could be due to economic issues or a decaying community, but either way these are things you'll want to consider before moving into a new neighborhood.
  10. Defective windows  Windows that are sealed shut, fogged up, or won't open or close are all signs of costly repairs. You're going to depend on windows for the security of your home, lighting and aesthetic, and to a minor degree for retaining heat. They should all function properly.

Posted by Thomas Murphy on 12/10/2017

Kitchen appliances are a big investment and you’ll want to make sure you get your money’s worth. Most of us start off with good intentions, cleaning our appliances regularly. However, over time it’s easy to slack off and neglect basic maintenance and cleaning that will help keep your expensive appliances in good working condition.

 In this article, we’re going to give you some advice on maintaining your kitchen appliances to increase their lifespan and keep them looking great years after purchase. Read on for our kitchen appliance maintenance tips.

 Maintaining your refrigerator

Most refrigerators cost upward of a thousand dollars these days. They also come with more features than ever, making them particularly vulnerable to malfunction if neglected.

The best way to maintain your refrigerator, and many of the appliances on our list, is to add recurring maintenance and cleaning tasks to your calendar so that you know when it’s time to address them.

When maintaining your refrigerator you’ll want to clean the condenser coils and fan thoroughly. You’ll likely have to pull the refrigerator away from the wall to do this, so be sure it is unplugged.

Next, check the door seals on your refrigerator to ensure that they are not cracked or dried out. Damaged door seals let cool air out of your refrigerator, causing it to run harder and increasing the chance of malfunction.

Cleaning the dishwasher

To make sure your dishwasher keeps cleaning your dishes, you’ll want to inspect the spinning arm to see if it spins easily. Next, check the small holes on the spinning arm where the water sprays out. If these are dirty or clogged, clean them out with a sharp point.

To avoid leaks, check the gasket, or rubber-like liner around the dishwasher door. If it is cracked or dirty, it will need to be replaced.

Next, clean the drain at the bottom of the dishwasher and clear it of debris. If you’ve noticed any bad smells from your dishwasher, place a small cup of vinegar in the top rack and run the dishwasher on a hot water cycle.

Microwave maintenance

Microwaves are often treated as being relatively dispensable because you can buy them cheap enough. However, there are a few things you can do to keep your microwave running longer and avoid waste.

First, keep the microwave interior clean. Splatter that is left in a microwave too long will get repeatedly burned and become more and more difficult to remove. So, to loosen them up, you can place a glass of water in the microwave for a few minutes and then leave it inside. The steam from the water will help free up the splatter and make them easier to scrub away.

Another common issue with microwaves is a damaged power cord. Since most of us try to stuff them out of the way behind the unit, it can easily damage the wires inside the cord. Situate your microwave in a way that the cord isn’t pressed up against anything.


Finally, remember that many parts on your refrigerator, dishwasher, and microwave are easily replaced by calling the manufacturer or a repair technician. Opt to repair your appliances before just  throwing them away.