How to Sell a Home with Pets | 3 Pro Tips. Top Kitchen Remodeling Trends 2018 - Lakeland Real Estate. Weekend Warrior - Homeowner Repairs and Renovations Come Resale. As a Massachusetts real estate agent working with buyers, I see a variety of houses. Some expensive lavish homes, as well as starter homes. And in these homes, I can see professional renovations or work done by the weekend warrior homeowner. While some homeowners can do very professional quality work, their are others that should have left the job to a professional. It is common to go into some homes and see homeowner renovations from laminate floor installation, basement remodels, decks and even complete kitchen renovations or bathroom remodels.
Where a problem arises from our weekend warriors doing their own homeowner repairs and renovations is in performing inferior work and now the homeowner is trying to sell their home getting and trying to get full retail value from the poorly done repairs and renovations. I recently wrote an article that is a great companion to this article, called smart renovations. Always Think About Resale I tell most of my clients to always think about resale. 5 Ways a Seller Can Sabotage Their Home Sale. How to Avoid Leaving Money on The Table When Selling Your House. Deferred Showings Help Prevent Leaving Money on The Table The phrase “leaving money on the table” is an idiom which means not getting enough money as you could have. If you are like most sellers, you hope to sell your home at the very best possible price. No one wants to leave money on the table, after all.
There are several strategies your Realtor may try to fetch the highest price, approaches which have been effective for numerous sellers. Keep in mind; there are no one-size-fits-all approaches when it comes to selling a home—what works for one may not work for another. But there are some options you should at least discuss with your agent before you list. Over the years I have found that some sellers are reluctant to take the advice of their real estate agent when it comes to pricing. You can easily avoid leaving money on the table by following an excellent home selling strategy called deferred showings. Don’t Leave Money on the Table—Strategies for Your Home Sale 1. 2. 3. 4. 5. 6. Anitaclark.kinja.
When Should I Contact A Real Estate Agent to List My Home- Tewksbury MA. Homeowners who want to list their home to sell, very rarely make an impulse decision to just throw a sign on the lawn and sell their home in a moments notice. Usually the thought is in their mind many months to even a year or more before they actually list their home for sale. Yet everyday, I meet with potential sellers who want to list their home tomorrow. They are in a hurry. The thought to sell has been on their mind for awhile and now it has come to fruition and they are in hyper rush mode. But don’t call an agent two days before you want to list your home. Call an agent when the thought to sell your home appears to be a reality, even if it is six months out. I had 3 listings in the past year that contacted me days before wanting to list. And they all tried to prepare their home on their own.
Yet, in each case they were not fully prepared to list their home. The Benefits of Calling Your Agent Early To List Your Home Know When You Don’t Know What You Don’t Know Reduce Stress Summary. 1031 Exchange - How It Works! Items Never to Leave Out At An Open House. Open Houses Let Anyone in Through Your Front Door When selling a home, most owners automatically think that having an open house is a great idea. After all, they see their neighbors doing the same. There are always lots of cars parked out in front of these homes so they must be effective. Right? One of the biggest myths in real estate sales is that an open house is effective to sell a home. Do open houses sell homes? What sellers should understand is that open houses increase the odds of a burglary occurring. You put a lot of trust in your Realtor when you agree to an open house.
That leaves only your Real Estate agent to watch over the entire home—while also trying to sell the property to prospective buyers. The fact is, visitors are going to have a lot of alone time in your home, with your stuff, to do what they like. Below you’ll find the things people are most likely going to try to steal at an open house. Protecting Your Things – What Not to Leave Out at The Open House 1. 2. 2. 3. 4. How Home Staging Can Help A Home Sell. How to Sell a House After a Relative Dies. What is an Estate Sale? The death of a relative is always hard on a family.
Not only do you have to weather the emotional turmoil that accompanies someone you love passes away, but you also have to deal with the real world details – like selling your relative’s home. Selling a home after a relative dies is what’s known as an “estate sale.” The term “estate sale” can often be interpreted in different ways. For instance, if you are not a Realtor, you might be thinking that an estate sale is an auction where furniture and other possessions are liquidated. Most real estate agents, on the other hand, think of an estate sale as selling a property for one of the heirs.
Selling the home of someone who passed away recently is similar in many ways to selling any other home, but there are some extra considerations. Getting ready for an estate sale is no easy task. The most common situation is a son or daughter having to sell a parents home. Selling a Home After the Passing of a Relative 1. 2. 3. 4. Why Cincinnati Investment Property Owners Should Consider Selling Their Investment Property. With real estate prices increasing all over the United States many investors are seeking lower costs investment properties in a number of cities in Ohio.
Notable cities in Ohio that these investors are looking at include Cleveland, Columbus, Dayton and Cincinnati. These investors are looking for lower costs properties with a good history of rents in order to better invest their money than they can in high real estate cost areas like Los Angeles, CA; New York, NY, Seattle, OR, Las Vegas, NV and more. As a result investment property prices in the Cincinnati, Ohio area are at multi-year highs and Cincinnati investment property owners might find it advantageous to sell their properties now while the prices are high.
What Are Some Of The Reason For High Investment Property Prices In Cincinnati, Ohio? Cincinnati has long been known as having great overall affordability. In fact in 2017 US News & World Reports rated Cincinnati as the 14th most affordable city to live in the US. Bottom Line. What Causes a Home to Appreciate? (Real Estate Information)
I think we’ve all heard that supply and demand effects the price of just about everything. Well that is certainly true with real estate. So if the demand for homes is greater than the current supply, you’re going to find that homes will appreciate because buyers are willing to pay more for the property than they would when the supply was great. Appreciation typically occurs slowly over a long period of time in most areas and I think that most real estate professionals would agree that a growth of 2%-4% yearly would be a healthy increase. “Appreciation is an increase in the value of an asset over time. So if demand is the main cause of appreciation, the deeper question is …….
One of the most interesting things about buying real estate is one of the most overlooked – the land on which the home sits. It’s interesting because the land is the “real” appreciating factor. When you’re thinking about your next home to buy, look more into just how many beds and baths that you will need. Size. Don't Let the Bank Talk You Into Stopping Mortgage Payments- Loan Modifications. As a Massachusetts Short Sale Agent, I have in the past and recently run into home owners who have contacted their bank to do a loan modification. In doing so the bank has told them to be considered they need to stop paying their mortgage to be considered for a loan modification.
The Bank Is Not Your Friend First and foremost, you must understand the bank is not your friend, they will do anything to collect what you owe. In many cases they will act nice and friendly and tell you that they will help you out in your times of trouble. Often I find troubled homeowners tell me how nice and understanding the bank is....NOT!! It is irresponsible of a bank employee in the loan modification department to tell you to stop paying your mortgage. Most Loan Modifications Don’t Get Approved Very few loan modifications actually get approved by the bank.
You must qualify for a loan modification much like you had to for a loan. Loan modification approvals also take time. It will impact your credit. How To Establish A First-Time Home Buyer Budget. Ah, the first-time home buyer budget. It takes a lot of careful planning and thought to buy a house, not to mention a lot of money in some instances. Seem daunting? It can be, but people do it all the time.
The key is to have a plan in-place before you decide you want to buy a home. Even if you do not have a fortune saved, there are plenty of programs available to help you. Below are several ways to start on the path that is going to lead to your first home. Start Planning Early Just because you need to plan and save, buying a home is not something you can do in three to six months. What neighborhood would you like to live in? Now remember, not everyone gets their full set of likes on their first home.
Start Saving for the Down Payment and Associated Costs Often times you will need moderate savings for your first home. Traditionally, lenders have wanted to see 20 percent as a down payment. Some programs will accept a lower down payment. Remember that you will also need cash to move. What to Know About Real Estate Appraisals. On becoming a landlord – a cautionary tale staring Murphy's Law… | Westchester Real Estate and Homes For Sale. How To Create A Renovation Budget. Homeowners decide to do renovations for a number of reasons, but one constant is clear, they all should create a renovation budget to ensure they stay on track and on budget.
Perhaps you have been leafing through design magazines and decided that this is the year for your kitchen to be transformed. Forty percent of the money spent on renovations in the United States every year is spent on kitchen remodels, from granite countertops to bright retro stoves. Maybe your electrical wiring is old and not up to code and must be replaced.
It could be your bathroom faucets have been leaking, and you have decided to upgrade the bathroom since the faucets already need to be replaced. Maybe your kids have gone off to college, and you are going to convert their rooms to a solarium, second office, craft room, or media space. Clearly, home renovations vary and occur due to all kinds of life changes, ideas and motives. But there is one element all renovations have in common: a budget. Set Your Goals. How to Create a Proper Home Maintenance Checklist. Top Tips For Creating A Home Maintenance Checklist How To Create A Home Maintenance Checklist Being a homeowner is a very rewarding experience, but it also requires a lot of dedication and hard work. It’s up to you to ensure that your living quarters are taken care of properly so that both you and your family are safe.
Creating the proper maintenance checklist for your home to identify if any repairs need to be pursued can be tricky. Here are a few tips on what you need to do specifically, catered for different time frames. Monthly Home Maintenance Checklist The DIY Network details a few inspections and potential repairs that you will have to pursue monthly. Make sure to pour boiling water down all the drains in your house, especially those who aren’t used that often.
If you have a frost-free refrigerator, now’s the time to check the drain pan. Biannual Home Maintenance Checklist Although monthly DYI inspections are important, not everything needs to be done that often. Does the 2018 Tax Bill Affect Real Estate Markets? - ZING Blog by Quicken Loans | ZING Blog by Quicken Loans. Anita Clark is a residential real estate agent based in Houston County, Georgia. You can find more of her work on her blog covering Warner Robins real estate. The opinions expressed are those of the author and don’t necessarily reflect those of Quicken Loans. For most people in the real estate industry, the ripple effect emanating from the new tax laws seems to be a bit confusing. In fact, the question on many homeowners’ minds is pretty obvious: How will they be affected by the tax bill? Yes, the new tax plan seems to have left many confounded, owing to the fact that some feel like it’s an improvement that’s meant to better the lives of the American people while others think otherwise.
To allay any bits of confusion that may be lurking around the new bill, here is an in-depth look at how the tax bill may affect local real estate markets. The Property Owners Dilemma: Understanding the New Tax Bill Home Equity Loans Mortgage Interest Property Taxes Moving Expenses Capital Gains. Hold an Open House to Increase Your Odds of Getting Burglarized.
PROs and CONs of Selling a Tenant Occupied Property. A seller pre-listing home inspection can used to both find issues with the home and be used as a marketing too. Should it be shared with potential buyers? They say don't look a gift horse in the mouth. But when it's a Trojan horse, you do! - Eric Johnson Usually, as part of the home buying process, the buyer hires a licensed home inspector to inspect the home so they know what they are purchasing. However, sometimes, the seller will pre-inspect the home before listing it for sale and share that home inspection report with interested buyers. There are two specific uses of a seller home inspection: The sellers do a pre-listing inspection of their home for the purposes of finding and fixing any issues before putting the home on the market.The sellers do a pre-listing inspection their home for the purposes of finding and fixing any issues before putting the home on the market AND intend to provide a free copy of the home inspection report to potential home buyers as a marketing strategy.
The usual home purchase procedure is for the buyer to do a home inspection AFTER the seller has accepted their offer. "Excellent! " Advantages for the seller: Pros and Cons of a Pre-Appraisal. I periodically write short real estate tips of the week on things that will help buyers and sellers of real estate. After last weeks short tip on getting a Pre-Appraisal I thought this topic should go into more depth. There are 1000′s of articles written about pricing your home correctly. Shoot, I’ve referenced it dozens of times myself. If you price too low, you run the risk of leaving money on the table for the buyer at closing.
If you price too high, you risk your home not being shown at all. There are absolutely cases where it makes total sense for a seller to pay for a pre-appraisal and there are also cases for the opposite to happen (it would be a waste of money). Here’s my opinion…. Reality Check Most sellers (including me in the past) think their home is worth more than it really is. Reassurance Just like Realtors, licensed real estate appraisers are held to high standards in the industry. You Have Back Up Like everyone else, an appraiser can make a mistake too. True Size. Pros and Cons of a Pre-Listing Home Inspection. Should Sellers Have an Inspection Before Listing For Sale Should a seller hire their own home inspector? Many homeowners will ask their real estate agent if getting their home inspected before they put it on the market is a good idea. Having been a real estate agent for the past thirty plus years, I’m going to tell you that there are more good reasons for having an inspection than not.
As a seller, you know that buyers are going to need to have a home inspection conducted before they agree to purchase the property. Getting a pre-listing home inspection offers some advantages to sellers that you may not be aware of. Exceptional real estate agents are continually preaching to their seller clients about the importance of being ready for the buyers home inspection.
To help you determine whether a pre-listing inspection is right for you, consider the pros and cons. Getting a Home Inspection Before Putting Home on The Market Pros For Having an Inspection 1. 2. 3. 4. 5. 6. 7. 1. 3. Should I Sell or Rent My Home. How Grading Your Yard Can Reduce Water Damage. 24 Hour Showing Notice Will Make Your Home Harder to Sell. 5 Ways To Boost The Chances Of Selling Your Home. Home Additions You Should Consider. How To Protect Your Home From Pests. The Best Home Improvement Blogs From 2017 | Advice For Home Remodeling. 10 Ways to Take Your Home's Curb Appeal to the Next Level | Long Beach California Homes and Real Estate. Step 8 - From Contract to Closing for Home Sellers. When Mother Natures Invites Herself to Your Home Sale. 10 Simple DIY Home Maintenance Tips. FSBO | Save the commission | Pros and Cons of For Sale by Owner.
Step 3 - Hire a Realtor. Step 2 - Prepare Your Home to Sell. Selling Your Home To Millennials - Lakeland Real Estate. Flooding Issues Homeowners Should Be Aware Of.