Property Virgin Buyers’ Tips.

Property VirginsIf you’re considering buying a home in your 20s, or just for the very first time, it may seem like a daunting task. It may not be easy, but with this helpful guide you’ll be able to confidently search for a home that’s right for you and your plans for the future. Break it down into smaller portions, and it becomes much easier, and less stressful, to buy a home.

The first thing you need to think about is how long you’re planning on staying in this new home. Are you looking for a forever home? Somewhere you can stay for a few years? These are important questions when it comes to finding the house you’re looking for.

You should decide if the house is just for you, or a future family that will live in the house for the next 20 years. Deciding what type of house you are searching for can help narrow the search and help your agent know what you’re looking for in a home.

The last step is extremely important, and may seem obvious, but always needs to be considered when it comes to finding your new home. You have to find a home that is within your price range. Remember to think about how long you could be able to afford the mortgage if you were laid off from your job, or pursuing other personal ventures. Whatever your plans are for buying a house, make sure that they are financially feasible.

Mel Foster agents are experts at finding homes that fit your needs. Click here to view new listings and start your home search today.

Mel Foster Co. and movingWOLF Deliver a Suite of Services Tailored to Moving Families

Mel Foster Co. logoMel Foster Co. has teamed up with movingWOLF, a program offered by the WOLFmedia division of Lone Wolf Real Estate Technologies, to offer clients in the home buying and selling process deals on hyper-local and national brands, all providing discounts to save the consumer money.

Your Mel Foster Co. real estate agent will be supplying exclusive email offers to home buyers and sellers. Each email delivers discounts on items relevant to where the home buyer or seller is in the moving process. Offers range from products and services needed before, during and after the move such as moving trucks, boxes and supplies, home services set-up, home security, restaurants, decorating and renovations.

“We are thrilled to partner with movinWOLF in a marketing benefit to offer our clients money saving opportunities with some local and national brands and assist them in organizing their move”, mentions Lynsey Engels, President Real Estate Brokerage of Mel Foster Co.

A study by the National Association of REALTORS® found that movers spend, on average, $9,000 on goods and services during their move. In an effort to help clients transition into their new home, Mel Foster Co. has joined the movingWOLF program to provide savings along the way.

The program also serves as a reminder to consumers of the services and products they’ll need throughout the moving process. Moving can be hectic and reminders to get boxes or book the moving truck, along with a discount for those products and services, helps consumers stay organized and ahead of the game, alleviating stress and pressure during a move.

“Consumers spend more money in a 180-day window during their move than they will in any other time in their lives,” says Scott Oakley, Vice President of Lone Wolf Real Estate Technologies’ WOLFmedia Division. “The value of the service is not only the money-saving offers to alleviate the cost of moving but also the reminders to book services and pick up products they’ll need before, during and after their move. This improves the experience for consumers and reinforces their decision to work with their real estate agent.”

For more information about Mel Foster Co., please visit www.melfosterco.com.

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 About Lone Wolf Real Estate Technologies

Lone Wolf Real Estate Technologies Inc. is the North American leader in real estate solutions and services with almost 10,000 offices utilizing their fully integrated product lines. Lone Wolf’s Complete Enterprise Solutions is comprised of its core products and services – brokerWOLF back office management solution, WOLFconnect front office management solutions, globalWOLF website solution, loadingDOCS paperless office solution, mobileWOLF mobile solution, WOLFmedia ad revenue generation service, WOLFwatch accounting service and Lone Wolf’s newest service specific to the agent marketplace, agentWOLF. The Complete Enterprise Solution is ideal for real estate offices looking to seamlessly manage their data from the back office to the front office to brokerage and agent websites, providing a single point of entry for data, significant time savings and profitability opportunities. The Complete Enterprise Solution is an invaluable component of a successful real estate brokerage. Lone Wolf has offices in Cambridge, ON, Langley, BC, Las Vegas, NV and Show Low, AZ. For more information please visit www.lwolf.com.

About Mel Foster Co.

Founded in 1921, Mel Foster Co. is a Real Estate Leader of Eastern Iowa and Western Illinois serving Davenport, Bettendorf, Moline, Rock Island and the surrounding Quad City area, and it is one of Iowa’s largest independently owned real estate company. The company specializes in residential sales and offers services in insurance, commercial, farm and land sales, land development, relocation, career development, and new construction. Visit their website at http://www.melfosterco.com  for more information.

Mel Foster Co. Nominated for Performance Awards

MF LOGO WITH LRE LOGOLynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that their Relocation Division, lead by Deb Boland, has been nominated by Leading Real Estate Companies of the World® for three Awards for production in 2014.  Mel Foster Co. is one of five real estate companies nominated for these awards in their size category. The three Awards of Excellence nominations include:

  • Sales Production – determined by the number of outgoing closed referrals
  • Referral Production – determined by the number of outgoing sent referrals
  • Incoming Conversion Rate – determined by the number of incoming closings with the number of incoming referrals

The awards will be presented during the Annual Performance Awards Dinner and Ceremony in Las Vegas later this month. For the past 20 years, Mel Foster Co.’s Relocation Division has been nominated for an award from Leading Real Estate Companies of the World®.

Leading Real Estate Companies of the World® is a global network of over 500 premier real estate firms.  Leading RE is comprised of select independent real estate companies who set the standard of quality service, while generating a highest volume of referral, relocation, and real estate business opportunities for its members.  Mel Foster Co. has been with the prestigious affiliation for over 20 years.

Top Three Tips For First Time Buyers.

First Time Tips
First Time Tips

Buying your first home is an exciting adventure. However, there’s a lot of your money on the line, so you’d better be prepared. Avoiding mistakes and getting guidance from seasoned professionals will ensure the process goes smoothly. Here are a few tips to help you make the most of your time and efforts when starting the home buying process.

Know What You Want and Do Your Research

This is one of the most important steps. What are your must-haves in your new home? What are you willing to compromise on? The more prepared you are before you start to look at properties, the easier it will be to pinpoint the perfect home. Also, with the power of the Internet, you have a wealth of information at your fingertips. Focus your search on the neighborhoods you are interested in and learn as much as you can about the surrounding area. Use the interactive search map to zoom in on neighbors and see what’s for sale.

Get Preapproved

Talking to the bank prior to getting a mortgage will give you a leg up when you start looking at homes. Your lender will be able to assess your finances and let you know how much house you can afford, and give you an idea of what percentage rates you might expect to receive on your loan. Making an offer with a bank’s preapproval may give you the upper hand if it’s a competitive offer situation.

Work with a REALTOR®

Your agent can be your right hand man or woman when it comes time to start your search. Your agent can help you narrow down your options so you aren’t wasting your time with homes that don’t fit your needs. Their job is to help you find the home you want, and help you negotiate a fair asking price. Your agent can also help you navigate the paperwork, which can be overwhelming for first time buyers. Click here to find a Mel Foster Co. agent to start your home search.


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