Who doesn’t love to spend time browsing through home magazines? Every season there are new looks and trends. While some are easy to achieve with a little paint, others would require extensive redecorating and design. A trip to the mall with high-end home stores is not helpful either. Unless you are prepared to spend hundreds or thousands of dollars on new items, these stores are disappointments. Fortunately, there are other ways to achieve the latest look without the designer price tag.
Monday, September 16, 2024
How To Get Designer Looks For Your Home On A Budget
Who doesn’t love to spend time browsing through home magazines? Every season there are new looks and trends. While some are easy to achieve with a little paint, others would require extensive redecorating and design. A trip to the mall with high-end home stores is not helpful either. Unless you are prepared to spend hundreds or thousands of dollars on new items, these stores are disappointments. Fortunately, there are other ways to achieve the latest look without the designer price tag.
Monday, August 26, 2024
Pricing Your Home for Sale When Everyone Else is Overpriced
The past few years have been exciting for home sellers. Not only were home prices historically high but buyers were well qualified and enjoying low interest rates. Today’s housing market is dramatically different in many areas of the country. If you are considering selling your home, you may be wondering how to select the correct price when it seems all the sellers around you are still overpricing theirs.
Working with your real estate agent, the first step is to look at recent sales, not just recent listings. You may find quickly that the homes are selling for quite a bit less than they are listed for. You also need to look at the trends. Are sales prices rising month-over-month or declining – and by how much? This can help you gauge if you should price higher than recent sales or lower.
In areas with few recent comparable sales, such as markets with many custom homes, it may benefit you to get a professional appraisal. This will cost a few hundred dollars and will give you a full picture of the local market. Appraisers will consider the unique features of your home vs the recent sales, as well as the sales prices. This can offer great information if you have a beautiful view, a large lot, or a remodeled home.
Finally, rely on the advice from an experienced agent. Don’t be tempted to join the pack if they are overpriced. Be reasonable in your expectations. This will allow you to sell quickly and for the best price possible in the current market.
Tuesday, August 6, 2024
Evaluating Schools When Moving – How to Involve Your Child
House hunting is exciting and most likely, your child is excited along with you. They love to explore the possible bedrooms and dip their toes in the big backyard pool. However, when it comes to changing schools, their enthusiasm may start to wane. This might not be instantly apparent, and they may not have even thought about what a move would mean to them if they needed to change schools. But involving your child during the home hunting itself can help make the move easier.
First, start discussing the school change in the very beginning. Explain why you are moving and the benefit to the family. Explain that they will get to see possible new homes and new schools. Reassure them that the quality of the school and opportunities it can offer are prime concerns of yours as well as the impact it will have on the child.
Share the process you will take to research the schools and share the results. Spend some time discussing the advantages and disadvantages of the various options and discuss how the change might affect the child. Take them on a school tour and help them prepare some questions of their own during the visit. Consider creating a checklist for your child to use to learn more about the classrooms, teachers, activities, and children. Spend some time discussing their opinions and feedback as soon as you finish.
Moving can be a very exciting time, but children do not always understand
or express how change affects them. School is a huge part of their life and
social world, so spend the time to ensure the change is a positive one by
involving the child from the very beginning.
Wednesday, July 24, 2024
Finding An Affordable Home in a Great Neighborhood
You have heard it a million times, “buy the worst home in the best neighborhood.” While you do not necessarily want to buy a home straight out of a horror film, finding an affordable home that might need some updating or repairs in a GREAT neighborhood is a great strategy in a tight real estate market. With some strategic planning, it is possible to find a great home that will accrue value over time because it’s located in a great neighborhood.
The first step is to define what a “great neighborhood” means to you and your family. Of course, the basics such as low crime and great school are a good start, but you also want to consider amenities that affect your quality of life and lifestyle. Do you want easy access to recreation facilities or trails for example? Once you identify the essential qualifications of a “great neighborhood” for you, then start doing your research.
Real estate and community websites are a great start. Social media sites can also offer insight into the lifestyle of the communities you are considering. Review the prices of current listings and consult with your lender to determine a realistic budget. Then be open to compromises. What are the true “must have” aspects and what would you simply “like to have”? Be ready to pounce if a good home becomes available.
Be open and honest with your budget and goals. Working with a real estate
agent, they may offer similar communities as well. These could be good
starter locations that offer value accretion. Finally, be ready to make
updates and repairs. Finding a diamond in the rough will take work and
elbow grease but in the long run, you can find significant financial and
personal reward from investing in the right neighborhood.
Monday, July 8, 2024
How to Find a Pet-Friendly Neighborhood
First, if you are considering a home in a planned community or association. Carefully read the rules, restrictions, and policies. While most local laws prohibit properties from banning pets, they can limit the number and type of pets. Make sure your furry friend meets their requirements.
The home itself should be in a safe environment also. If your pet will spend time outdoors, either playing in the yard or chasing a ball, look for communities with low traffic and well-lit streets and parks.
Next, observe the community. Take a drive and look for green spaces, dog parks, and trails. Spend time learning the rules, such as leash laws, day availability, or breed restrictions. Ensure they are maintained, and that people are complying with the posted rules.
Finally, check for local pet services such as pet supply stores, grooming
salons, boarding kennels, and veterinary clinics. Easy access to these
facilities is important for your pets’ well-being and health. By focusing on
these aspects, you will find a neighborhood where both you and your pet
will thrive.
Monday, June 24, 2024
5 Ways to Verify Your Real Estate Agent is Experienced
Regardless of whether you are a buyer or seller, using an experienced real estate agent is important to the success of your transaction. Yet, how do you know if the agent truly has the experience they claim? While there’s a case to be made that a new agent works harder, and they have the assistance of their broker, if you want a seasoned agent for a more complicated transaction, there are a few ways to verify they meet your expectations.
1. Check their License and Credentials – The first step is to check their license and any accreditations they claim. All these professional organizations keep membership records available to the public. Also, review any disciplinary records or complaints.
2. Review their Track Record – Ask for references and call them. Ask about any challenges that occurred during the transaction and how the agent oversaw them. Ask for a printout of closed sales, to see if they are managing the kind of homes that pertain to you.
3. Ask Good Questions – Ask about the market. Ask them to talk about the community, amenities, HOAs, property values, etc. A seasoned agent should know this and be able to inform you on any local subject.
4. Assess their Communication Skills – During the interview process, determine if you are getting clear and concise information. Notice if they are attentive to your needs and communicate quickly. Remember, they want your business, and if there are issues upfront, it will not get better once you list with them.
5. Understand their Marketing Strategy – Ask for a detailed marketing strategy. Question anything that seems unclear and know why they are using the various tools to sell your home.
Everyone starts sometime. There is no reason a brand-new agent isn’t the right choice for you, if you’re aware and understand the support they are receiving. But, if you think you’re hiring a seasoned professional, these are a few ways you can verify the information and ensure you’re hiring the experience you expect.
Tuesday, June 11, 2024
Pricing Your Home for Sale When Everyone Else is Overpriced
The past few years have been exciting for home sellers. Not only were home prices historically high but buyers were well qualified and enjoying low interest rates. Today’s housing market is dramatically different in many areas of the country. If you are considering selling your home, you may be wondering how to select the correct price when it seems all the sellers around you are still overpricing theirs.
Working with your real estate agent, the first step is to look at recent sales, not just recent listings. You may find quickly that the homes are selling for quite a bit less than they are listed for. You also need to look at the trends. Are sales prices rising month-over-month or declining – and by how much? This can help you gauge if you should price higher than recent sales or lower.
In areas with few recent comparable sales, such as markets with many custom homes, it may benefit you to get a professional appraisal. This will cost a few hundred dollars and will give you a full picture of the local market. Appraisers will consider the unique features of your home vs the recent sales, as well as the sales prices. This can offer great information if you have a beautiful view, a large lot, or a remodeled home.
Finally, rely on the advice from an experienced agent. Don’t be tempted to
join the pack if they are overpriced. Be reasonable in your expectations.
This will allow you to sell quickly and for the best price possible in the
current market.
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