Thomas Murphy - Pine Shores Real Estate



Posted by Thomas Murphy on 4/12/2015

Do you have a home buying strategy? Buying a home can be a risky and expensive proposition so you will want to make sure you have a plan.  In order to put a plan in place you will want to ask ask the following questions: How long do I plan to live here? You will need to consider how long you plan to live in your home to determine if it makes financial sense. Consider what changes you might make during that time frame. Will you be starting a family? Will elderly parents need to move in with you? You may need a larger home or need to find a community with better amenities for children, and that will increase the likelihood of you moving. How is the local market? All real estate is local.  Find out all you can about the neighborhoods you're considering. Look at the inventory of homes, how have properties gone up or down in value, and how much homes are selling for compared to the listing price. What is my financial stability? Consider factors like the stability of your job. Will you still be there in five years? What kind of future does your industry have? Does climbing up the career ladder mean you might have to move elsewhere to get ahead? Look at your current debts and income, not your future salary, to determine whether you can afford to buy.





Posted by Thomas Murphy on 9/14/2014

If you are thinking about buying a new home one thing that you should take the time to research is who your potential new neighbors might be. A great tool to know more about the area you are thinking about buying in is the Official Sex Offender Registry Site. This free service can locate registered sex offenders in any area. Click here to locate registered sex offenders in your area. Just enter an address and it will show a map. The site will show you photos (where available) addresses, convictions and other information about the offender. Also included are statistics on crime in the area. It is important to consider this when thinking about not only the safety of your family but also how this could affect the resale of the home.