Tips for Buying and Selling at The Same Time

Tips for Buying and Selling at the Same Time

Either buying or selling a home can be extremely stressful, it can be even more overwhelming if one is trying to do both at the same time. The good news is that this happens all the time and by following a few simple tips, both buying and selling can be a seamless process.

Tips for Buying and Selling at the Same Time

The good news is that you’re planning to move any way. Before you list your home for sale, why not start packing now? Take personal items and excess furnishings and pack them up and move them to storage. Not only will your home look larger and neater, you are getting a start on the move.

Next make sure your agent, or agents, understands the timeline and requirements. There are many standard contingencies which can protect you from owning two homes at once, or none at all. Not only can the purchase of your new home be contingent on successfully closing on your current one but you can also reverse the process and ensure you find a replacement before the close as well.

Finally, get the entire family involved. Be excited about the change and create a moving plan in which everyone has a task and there is a plan for the move itself. By taking a few initial steps, moving can be fun and easy.

7 Home Buying Myths

Home Buying Myths

Buying a home can seem like a huge undertaking. You don’t need to be a first time home buyer to find the process overwhelming. There is so much information available, how can you tell what’s true and what’s a myth? Understanding the difference can help you make the best decision for you and your family goals.

Top Home Buying Myths – And the Truth

·    The First Step is finding the Right House – Before you head out shopping, speak with a lender to understand your financial options and how much house you can afford.

·      You Can’t Buy a Home Without Perfect Credit – The truth is there are many loans available which still offer good interest rates for those without that perfect score.

·      You Need 20% Down Payment – First time home buyers can use FHA financing for as low as 3.5% down. There are other programs too, such as VA and some conventional loans with less than 20% down also.

·      You Don’t Need an Agent – An agent not only knows the market and can help you with value, but also customary charges, negotiations and solutions to common hiccups.

·      Schools Don’t Matter if you don’t have Kids – The neighborhood is always important to home values, regardless of whether you yourself have children.

·      New Homes Don’t Need a Home Inspection – Every home should have a home inspection by a licensed inspector to check for existing or potential problems.

Buying a home is one of the most important financial decisions you’re likely to make in your lifetime. Take the time you need to understand the process and learn from the professionals; don’t assume that everything you read is true.

4 Reasons Why You Need Your Own Agent When Buying New Construction

Top Reasons you Need Your Own Agent When Buying New Construction

Have you ever walked into the model home showroom of a brand new housing development? There is nothing more exciting than the prospect of building a home from scratch and starting absolutely fresh in a new space. You get to pick the colors of the carpet, choose the countertops and flooring and watch as the home goes up. The nice sales people in the showroom are happy to help you through the process, but did you know that you can bring your own real estate agent to represent you? Yes you can and here are the top reasons why you should have your own agent.

• Choose the Right Development – It’s not enough to find a lovely development; understanding the neighborhood and schools play a big part of home values.

• Choose the Right Lot – You might love the corner lot, but your agent can help you consider resale before you buy.

• Consider the Cost of Upgrades – Not all upgrades should be handled through the sales office; your agent can help you understand customary costs for upgrades.

• Contact Negotiation – Did you know that the price and terms of new construction homes can be negotiated? Your agent can get you the best deal.

• Contact Review – Your agent will ensure everything is written correctly in the contract.

• Home Inspection – Your agent will arrange a professional home inspection.

• Your Agent is Free – All this representation and help, yet the home development pays their commission.

New home construction is fun! Take advantage of all the benefits having your own agent representation brings and let the housing development pay for it. For most builders, you will have to bring your agent at first meeting in order to be able to work with her!

Top Reasons Your House Expired

Top Reasons Your House Expired

There’s nothing more discouraging than having your listing expire. You’ve gone to all the trouble of staging your home, spending weekends and evenings running out the door to accommodate last minute showings and have nothing to show for it. The good news is there are real reasons why your home didn’t sell. Understanding these reasons can help you do things differently when you relist.

• Condition – Most home buyers are able to see beyond slight imperfections, but it’s important to offer a clean, neat home free from chipping paint, clutter and debris.

• Photographs – Most of today’s buyers start their home online, you must showcase your home through media first in order to entice the buyers to make an appointment.

• Price – One of the worst things a seller can do is “test the waters.” Many buyers will write off the home because they view you as unrealistic. After a listing has been on the market for a while, buyers then assume there is something wrong with the home, when in fact the sellers are just waiting for an offer.

• Poor Exposure – Homes don’t sell themselves, buyers need to see the home. Make showings easy by using a lockbox and allowing your agent to hold open houses.

• Wrong Agent – Not all agents are alike. The agent needs to be actively involved in the sale, not simply waiting for offers to land in their inbox.

Avoid the frustrating experience of having your home listing expire by understanding ahead of time the possible issues which can cause the listing to sit on the market. Knowing the possible pitfalls reduces the chance of an expiring listing and helps you sell your home for a great price and terrific terms.

Contact me and find out why you need a pro-active real estate agent representing your home sale.

The Internet Isn't Your Agent

The Internet Can’t Replace Your Agent 

We live in the information age; the Internet offers advice on every topic and real estate is no exception. With more and more home buyers starting their home search online, they are bombarded with advice and information – it can be easy to think that you can learn everything you need to know just by reading articles online.

The truth is your real estate agent does much more than answer your questions and open doors with a special key. A professional real estate agent will be there every step of the way. They have the experience necessary to navigate the complicated home buying process and solve common hiccups that present themselves in every real estate transactions.

Your real estate agent is a local professional. They will start by presenting themselves to the buyer’s agent as someone who will work with them to see the transaction through to a successful conclusion. They have a network of professionals who will work as a team to help you through the process. These include such professionals as: lenders, title reps, escrow officers, transaction coordinators, home inspectors, contractors and handymen, among others.

Most importantly, your agent is your ally in the home buying process. They negotiate on your behalf – armed with experience and understanding of customary charges, costs and terms.

They will ensure that the price you pay for the home is fair for the condition and neighborhood. They will negotiate repairs, if needed and make sure you are protected with the proper contingencies.

The Internet offers lots of great information, but the most important step you can take when buying a new home, is hiring a local professional real estate agent. Their knowledge and expertise can’t be found by reading an article or two online.

Contact me today with your questions, concerns, or anything else.

Is A Bigger House Really Better?

Is a Bigger House Really Better?

If you are looking for your next home, it’s naturally to assume that you should buy the biggest home you can afford. Certainly if you need a big home, then this is the right decision, but if not then there are other ways to maximize your investment that doesn’t include more square feet.

Bigger isn’t always better. If you don’t need 4 bedrooms, then why spend your money on that? There are many other ways to spend your money.

·      View – View homes will always command higher sales prices than those without. If you enjoy a distant vista, use your money for a view and enjoy better returns when you sell.

·      Space – Space is not only counted in square footage, lot size also adds value and enjoyment to a home.

·      Amenities – Ask anyone who has looked at upscale retirement communities about amenities and how they contribute to qualify of life. Golf courses and lake front homes increase value as well as value.

·      Location – The old adage of location, location, location is true. From the craftsman cottage in the historic downtown to a trendy urban loft, choosing a home in the right location is critical to building value.

Choosing the right home is not simply about resale value, but that doesn’t mean you shouldn’t think about it. First and foremost choose a home that fits your needs and lifestyle, but if that’s not a huge house on the hill, there are other options that are just as good. The bigger house is not necessarily the best choice.

Tips For A Buyer of A Fixer Upper

Tips for a Buyer of a Fixer-Upper

Over the last few years weekend warriors have been delighted to find an abundance of television shows devoted to fixing up homes. More specifically, they show viewers how to take a fixer upper and turn it from an ugly duckling to a special property that they can call home. It sounds so easy but before you grab a sledge hammer and head out to buy that cheap bank- owned building on the corner, there are things to consider.

First and foremost, how handy are you really? Fixer-uppers can vary from cosmetic paint and carpet, maybe changing a countertop or fixtures; then there are fixers which have electrical problems and slab leaks. It’s important to understand what you are capable of handling – either yourself or supervisory level.

Tips for a Buyer of a Fixer-Upper

• Do Your Research – Don’t assume anything. Check for local ordinances and zones to make sure the plans you have for the property are truly available to you.     

• Hire a Professional – Regardless of your level of “handiness” you need professional help. Start with a professional home inspection and understand the true condition of the home.

• Know Your Limits – A great deal is only a deal if you can take on the project. Be honest with yourself. If you need to, hire a General Contractor to handle the renovation.

Fixer-uppers can be great investments. These properties can be converted to beautiful homes or flipped for quick profit, but either way, handled well these ugly ducklings will live up to the best episode of HGTV.

Preparing Your Home for the Colder Months

Preparing Your Home for the Colder Months

Now that the warm summer months are behind us, it’s time to prepare for winter. Regardless of whether you expect to see sub-zero temperatures this season or you live in one of the warmer climates, preparing your home for colder weather can save you money and hassle this winter. So before you dig out your fall sweaters, take a weekend and prepare your home for the cold weather to come.

Save Energy

Fall is a great time to seal drafts in the home which can suck energy out. Check around doors and windows and replace worn weather stripping and caulking. If you use your fireplace for warmth during winter, this is the right time to have the chimney cleaned and checked for safety. Arrange a furnace tune up complete with replacing the filter and vacuuming the vents to make sure you are warming your home efficiently.

Switch out your Summer curtains for something heavier to keep the cold out. Window treatments are one of the best ways to keep your home warm in Winter!

Outdoor Tasks

Before the chill turns to freezing, head to the yard to winterize the exterior of your home. Check gutters for clogged leaves and other debris and examine the roof and siding for any repairs which could create leaks or drafts in the cold. If the gardening season is at its end, drain water from outdoor faucets and garden hoses. Make sure the sprinkler system is off and reinforce any exposed pipes which could burst with the cold.

Fall is here. Along with the smell of baking and falling leaves, you can ensure your home is ready for winter by taking a few steps now to prepare. Save energy and the hassle of an unexpected repair by getting some routine maintenance done before the cold months come.

4 Reasons to Sell this Fall

4 Reasons to Sell this Fall

Traditional lore says that the best time to list your home for sale is spring and if it hasn’t sold by the end of summer, you’re out of luck. Along the same lines, homeowners across the country are often advised not to list in the fall and wait until after the holidays to list. The truth is that a great home will sell at any time of year and in fact there are some very good reasons to list in the fall, while everyone else is busy doing other activities.

4 Reasons to Sell this Fall

1.     Less Competition – As mentioned above, most sellers list in spring so as a seller, fall provides you less competition which increases the opportunity for buyers to view your home.

2.     Serious Buyers – Home buyers in fall often have a timeline to move before the holidays. They tend to take the home search seriously and move to write offers faster and avoid wasting time.

3.     Curb Appeal – Fall is a beautiful time of year and homes always seem cozier as the weather turns. Fall colors in the trees and the scent of baking entice buyers to feel “at home” which encourages offers.

4.     Closing is Easier – The pace of home sales slows during the fall; as such lenders can move faster and the process tends to take less time.

The last and best reason to sell this fall is that it’s the right time for you and your plans. Regardless of whether you are relocating, moving up or scaling down, if this is the right time to sell, then this is the best time to sell.

4 Affordable Fall DIY Updates You Can Try This Weekend

4 Affordable Fall DIY Updates You Can Try This Weekend

Fall weather is finally here and this is a great time to tackle some home projects before the holiday rush starts. Creating a fresh, modern look to your home can be done with a few simple weekend projects. Here are the 4 best DIY projects you can try this fall to spruce up the look of your home.

1.     Create a Grand Entrance – Your front door is the first thing your guests see when they come by. This weekend, give your entrance a fresh look. Add a pop of color to your front door or porch with contemporary paint colors; sage, muted yellows and navy blues are trendy colors this year.

2.     Replace Interior Doors – Pre-hung interior doors come in a wide variety of styles from traditional to modern. Instantly update the look of your room or home with new interior pre-hung doors.

3.     Frame Bathroom Mirrors – Many homes come with basic mirrors over the sink. Spend some time removing the mirrors and add a modern, framed hung mirror instead to add elegance and a spa-like feel to any bathroom.

4.     Wallpaper an Accent Wall – Wallpaper is back. Not only are there great options available with modern patterns, colors and textures, but new adhesive backing makes it easy to apply, straighten and remove.

Fall is a great time to make updates to your home with a little time this weekend. Small changes can make a big impact; a quick trip to the local home improvement store can provide great inspiration for a weekend fall project.