Needs versus Wants

Have you ever seen the commercial about the guy that goes out to buy a new car and drives his new, red, 2-door, sports car into the driveway where his wife and three young children are waiting?  That’s what I mean…need versus want.  It’s the same with houses.  You have to find a good balance and a good Realtor will help you find that.  You LOVE the two story home with the huge backyard, but you are over retirement age.  Stop and think.  Are those stairs going to be a problem or a big headache for you in a few years?  Is the large backyard a lot of work?  Maybe your needs are more in line with a smaller home with no stairs and a yard that is maintained by someone else.  But maybe you just don’t like that.  Well, it’s time to find a balance or sacrifice one for the other.  Maybe that doesn’t make me the best “salesperson” who would push you into the largest, most expensive home of your dreams, but it’s what makes me a good Realtor.  A good realtor understands both your wants and your needs and can help you find that perfect match.  And if you are lucky enough, you might just find exactly what you need AND exactly what you want in the same property.

How can you help your Realtor help you?  Determine these things first and let your Realtor know.

What are your needs?

  1. How many people are in your family?
  2. How many bedrooms and bathrooms do you need?
  3. How often do you have visitors?
  4. Do you need indoor space or more outdoor space, such as a patio?
  5. Do you have pets?
  6. How much care can you give to a yard or pool?
  7. Do you need easy access to town or a highway?
  8. Do you need to be able to get to the main city or hospitals?

What are your wants?

  1. Do you want a guest bedroom or house?
  2. Do you want a large yard or a small one?  Are you willing to pay someone to keep up a larger yard?
  3. Do you want a pool?  Are you willing to pay someone to clean it or are you willing to do it yourself?
  4. Do you want to live in a gated residential community or in a smaller local community?
  5. Do you want a new home or one that is a more established neighborhood?
  6. Do you want to live in a secluded rural area with no neighbors?
  7. Do you want to never drive on a dirt road?

How can you compromise the two or make a tradeoff?

  1. Do you want the guest house, but only have visitors for one week out of the year?  Would it be worth to live close to a small hotel or short-term rental where you could have them sleep there instead?
  2. Would a pool that is available to the residential community work so that you don’t have the personal maintenance?
  3. Could you buy a smaller house and build a separate guest home in the future?
  4. Would you want to get a secluded home but still close to the city?
  5. Would you be willing to drive on a good dirt road if it meant living in the home of your dreams?
  6. Do you love the beach but hate the heat?  Could you then live 30 minutes away from the surf but up where the air is cooler?
  7. How do you get a home with a view over the whole valley without driving on a hill?

 The more inline that your wants and needs are, the easier it will be, but sometimes compromises or tradeoffs can be made between the two.  It can make it even more complicated when two people have very different ideas of what they need and want.   For example, a wife who likes to be close to town in a home with very little maintenance and a husband who likes to be out in the country with no neighbors in shouting distance.  So, then you have to try to line up two sets of needs vs. wants.  The more you can know this about yourself before you start and let your agent know, the quicker you will find the perfect home. 

Tina Newton who is part-owner of Tristan & Newton real estate is always glad to help you in the search for a home, to sell a home, or even to just answer any questions you have about living in Costa Rica.  Check out the website, facebook page, or send a direct email to find the home of your dreams.

Don’t Be Scammed

 One truly sad fact about the electronic age…anyone can fall prey to a scam.  As much as we constantly hear, “Don’t give out your account information, the bank will never ask for this information over the telephone, keep your passwords safe, etc.”, people fall into the trap every day.  Thieves keep getting more and more sophisticated.  I have had several clients who were in the process of selling a car when a great buyer appears (never in person), offers to put down a deposit and then needs the bank account to do so.  Of course, they think.  If someone is going to make a deposit, they need my bank account number.  I often have given my account number for someone making a deposit, but if you don’t know this person, don’t do it.  They can give you a cashier’s check.  Sometimes they even call you with an “agent” from the bank to show that it is legitimate.  This often happens after bank hours so that you won’t know you are getting scammed immediately.  First of all, bank agents NEVER call you by phone to confirm your information and have you ever known a bank employee to work after hours (sorry to my banking friends)?  But yet, it is amazing the amount of information strangers can already know about you.  Remember that your name and identification as well as date of birth can be found publically in the registry.  This is not private information.  So don’t be convinced if they know it.

Second clue…they call on Friday afternoon and want to make a deposit right away to move in over the weekend.  Again, if they haven’t come in person to see the rental, home for sale, or car, but yet, they want to put down a deposit.  STOP.  No one buys or rents a home without seeing it first, unless they are working with an agent who has been designated to find something very specific and this agent knows them personally.

I once had someone call and insist on moving in right away to an expensive rental without seeing it and they wanted to do it on Sunday and sign all of the paperwork on Monday.  Nope.  I told them they had to see it first and we would do the paperwork and have the deposit made before they moved in.  He was going to call me back.  Thinking maybe I was being too cautious, I saved the name and number in my phone in case they called back.  About 2 weeks later, the same number popped up but asking about a different rental.  When I asked the guy his name, he responded with a different name than was registered and when I told “Alfonso” that it was interesting, because he was “Eduardo” the last time, he hung up and has never called back.

We once had a buyer from “France” who even sent a photo of his family and started by giving lots and lots of details about why he wanted to purchase a specific home, but wanted to put down the money without seeing it and then move in later.  Again, he asked for a bank account.  The owner was desperate and wanted to believe this was all on the up and up and was actually angry with me for doubting this incredible buyer.  So, I told him we could set up an Escrow account with Stewart Title so he could make all of the financial arrangements through them and his money would be protected.  Never heard from him again.  Later we heard that someone out of Manuel Antonio had been scamming homeowners in this way and they were trying to capture him.

What happens?  These thieves convince you to confirm or give them certain information, then they quickly transfer money right out of your account.  You can be left with nothing and since you gave them the information, the bank is not held responsible.

Point….you cannot be too careful.  Don’t get overly anxious to make a deal and trust too quickly.  If someone really wants something, they will do it the right way.  These scammers have a way of making us all feel so stupid.  We know that we should have been smarter.  But they are really good and they get better every day.  They find information that no one should have access to, but they do.  Always stop and think, get a number to call someone back, ask for payments in an official, non-digital way at least until you can confirm that this person is legitimate.  And NEVER EVER give your information over the phone or internet especially if someone calls claiming to be from the bank. 

Tina Newton is a Realtor and part owner of Tristan & Newton Real Estate in Atenas, Costa Rica.  She is always glad to answer any questions about living in Costa Rica, travelling abroad, or housing options.  You can contact her directly by email as well as through the website, or Facebook.

Satisfaction in Your Life

Where do you get your satisfaction?  Maybe it’s a bit of a funny question, but if your life revolves around positive things that give you satisfaction, the happier you will be.  Personally, I have surrounded myself by the things that give me lots and lots of satisfaction and only run around singing “I Can’t Get No…Satisfaction” just for fun, not as my anthem.

1)      Watching my kids.  Observing my children in their day to day lives (not in a stalker way) and seeing how they have grown up and behave in situations gives me a ton of satisfaction.  In general, they are just great kids, but I feel satisfied that I have guided them in a good way.  When my son tells me he doesn’t want to sell off his used soccer cleats, but instead give them to a child who needs them, it gives me a real sense of pride.

2)      Social involvement.  Whether it is working with the Angel Tree project for needy children, assisting in the Chili Cookoff for the Children’s Home, putting on events such as the Climate Fair or the Christmas Fair which bring entertainment to the town and allow young people to exhibit their talents, or heading up the swim commission to promote water safety to the community, these things give me so much satisfaction.  I feel I am making a difference.

3)      Making dreams come true.  It’s why I enjoy real estate.  For me, it’s not the wheel and deal of the transaction, it’s matching up someone with the home of their dreams.  When I take someone to a property and they turn and say, “this is EXACTLY what I want”, it makes me so happy.  That is why I do what I do.  I got out of my field of study (economics) because of that.  I was good at it, but didn’t feel the satisfaction from it.

4)      My network of friends and family.  When things happen (for good or for bad) and I have all of these helping hands there to assist and fix whatever it is or lend an ear, it’s a great feeling.  It’s a satisfaction in knowing that if I can’t figure out, I know who can. 

5)      Giving advice. When I feel that I can share my experiences to help guide another person and make their life easier, it just feels good.  I enjoy it.  For that reason, when I give someone my card and say, “Contact me for any questions you have, whether it’s about real estate or not”,  I really mean it. 

Maybe I require more confirmation and satisfaction than the average person, or maybe not, but that sense of accomplishment keeps me going every day and inspires me to do more.  What keeps you going? 

Tina Newton is a Realtor and part-owner of Tristan & Newton Real Estate, located in Atenas, Costa Rica.  For information on homes in Costa Rica or just to answer your questions about living there, contact her at her email, check out the listings on the homepage or follow on Facebook.