Tagged : Selling a home

Found 15 blog entries tagged as "Selling a home".

 

Buying a home is often an emotional decision; perhaps even more so than a practical, financial decision. Real estate marketing has recognized this for decades which is why agents have emphasized curb appeal and staging to their clients. Open houses have featured the smell of fresh baked cookies and soothing music, all in an effort to appeal to the buyer’s sense of home and comfort.

Many homeowners ponder this question, along with whether they can make adjustments via remodels or additions. The fact is that our tastes, needs, and lifestyles change and evolve over time. The past few years have dramatically changed the way we look at our homes. More people than ever before now work from home. That cute cottage or condo might have been the perfect

324 Views, 0 Comments

The increase of pricing in the housing market and lack of inventory has left some potential homebuyers renting instead of purchasing.

As a result, these renters may not just be viewing rentals as just a temporary steppingstone to homeownership and expect their rentals to have nicer amenities than in previous decades. If you’re a landlord, there are 8 amenities your rental should consider including:

1. Dishwasher – Rentals without dishwashers may experience more turnover than those that include one.

2. Washer and Dryer – With all the great space-saver appliances on the market, there is no excuse not to find room for a washer/dryer unit.

3. Alarm System – Security systems cost a few hundred dollars and can add value to your rental.

4.

791 Views, 0 Comments

Real estate markets across the country are experiencing a strong seller’s market right now. For potential sellers, this may be a golden opportunity to get top value for their property. While it may be tempting to aim for the sky when setting the listing price, that may not be your best option.

Here are 3 pricing strategies to consider before deciding on your asking price.

1. Listing at Market Value Buyer’s love “realistic sellers.” After considering the market data for your area, choosing to list at the current market value can attract the right buyer and encourage a solid offer or two. Typically, this results in a full-price offer with straightforward terms.

2. Listing High It is always tempting to list ahead of the market, especially in a

722 Views, 0 Comments

There’s one phrase which strikes fear into the heart of a potential homebuyer – “seller’s market.” A seller’s market is created when there are more homebuyers than inventory from which to choose. The anxiety this causes many potential buyers causes them to write offers on anything and everything, just to hedge their bets on having one accepted.

But it’s important to slow down and consider the purchase carefully. Is the home truly the right fit? If the pace wasn’t so frantic and the pressure to decide so strong, would you normally buy a home that backs to a busy road? Would you consider a property with power lines blocking the view or seek a property in need of serious repairs?

It may feel like the sellers are holding all the cards in this crazy

157 Views, 0 Comments

The pandemic has had one unexpected result, a huge increase in home projects. From complete remodels to deferred maintenance projects, and everything in between, homeowners have taken advantage of their time at home by improving their property. Unfortunately, not all projects went as planned. Many homeowners bit off more than they could chew and became DIY failures.

During the last decade, the plethora of TV programs and DIY magazines have encouraged unskilled homeowners to attempt home improvements on their own. It looks easy enough to sledgehammer a wall or repave a backyard, but the truth is that few people have the aptitude to learn these skills over a long weekend. Add to this the shortage of contractor availability and in some cases, it was a

164 Views, 0 Comments

Buying or selling a home can be stressful, even in normal times. Right now, when the housing market is moving at a frenetic pace, both buyers and sellers are making quick decisions and are feeling extreme pressure. As the tension rises, it can be easy to overlook the end goal; right-sized home, relocation, dream home, etc. Try not to lose focus!

Buyer Challenges

Facing a very tight inventory of available properties, buyers have limited time to arrange to tour homes and knowing they must make a quick decision once they have. Buyers do not have the luxury of a second look or hesitation and often are competing against multiple offers, adding to the pressure.

Seller Challenges

Sellers are also feeling the challenge of the frantic pace. While

207 Views, 0 Comments

We are spending more time at home than ever before. This impacts how we view and use our homes. If your home no longer fits your needs in this new environment, you may be considering a right-size move. The open floorplans and great room layouts that have been so popular over the past few years may not allow for the various workspaces your family needs now. Separate and private areas for work and school needs may require more rooms or nooks, causing you to wonder if a larger home makes sense.

The fact is, before you buy a larger home, consider your long-term needs. Will the kids be returning to the classroom? Will you need extra rooms in the future? Most people need to stay in a home for 5-7 years to recoup the cost of moving, planning for this time

175 Views, 0 Comments

It can be disturbing to realize that the beautiful home you’ve fallen in love with is in a flood zone. While it’s not necessarily a deal-breaker, there are some serious considerations to understand before moving forward.

Flood zones are defined by the Federal Emergency Management Agency (FEMA) and are categorized according to the level of risk. A high-risk area is defined as having a 1+% chance of annual flooding, whereas a low-to-moderate location has a 0.2% or less chance of annual flooding.

FEMA maintains a flood map center where you can research the classification of the location and the level of concern. Zones labeled A and V are the highest risk zones. These are areas that are either coastal or riverside communities. These Special Flood

393 Views, 0 Comments

Recent interior design trends have focused on one primary era or design scheme. Mid-century modern furniture and accents have dominated the magazine covers and home shows as decorators have worked with their clients to bring this trend into their spaces.

Yet, what to do about the beautiful antique chest from your grandma or the dining room table you inherited from your mom? These pieces of history seem to have no place in modern design and have been relegated to storage units and garages over the past decade. Well, it’s time to pull them out again as design trends are moving away from stark modern schemes to a warm, eclectic look.

The main principle in merging design styles is to focus on one unifying element— like warm wood tones or the high

179 Views, 0 Comments

Special Benefits of the VA Loan

 

Our military veterans have given so much to this country. To make it easier for these special families to qualify for and purchase a home, Veteran Affairs has a unique loan offer reserved only for retired and active military.

The VA loan offers mortgage options unavailable to the general public.

No Down Payment – While zero down loans disappeared in the real estate bubble of the last decade, VA loans allow our military to buy a house without the stress of trying to save the down payment.

Easier to Qualify – Most loans require a credit score of 650 or higher. Qualifying for a VA loan only requires a FICO score of 620.

No PMI – PMI (private mortgage insurance) is required for any loan where the

215 Views, 0 Comments