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The Rewards of Remodeling a Fixer-Upper

About Selling A House & Buying A New One

Posted by on Aug 24, 2016 in Uncategorized | Comments Off on About Selling A House & Buying A New One

Are you tired of your large family living in a house that does not have enough space? It might be worth giving some consideration to moving and buying another house. You can actually put your current house up for sale to get money towards one that is bigger. It is wise to go through the selling and buying process will help from a real estate agent. Take a look at the information in this article to learn about the type of assistance that a real estate agent can offer. Stage the Current House Before You Move A real estate agent can walk around your house and figure out what should be done to attract buyers. He or she might suggest that you organize in a certain way to add more appeal. For instance, if you have a lot of furniture in a small living room, removing some will make it appear larger. The agent might also suggest that you make necessary repairs to the house before it is shown to potential buyers. Adding curb appeal is one of the things that should be done as well. Place Ads to Attract a Buyer After your house is ready to be shown off, a real estate agent will post classified ads online and in the local newspaper. Your house will also be placed in the Multiple Listing Service (MLS) database. The great thing about the MLS database is that it is commonly used by brokers and real estate agents when searching for houses to present to clients. Your house will likely attract potential buyers in a timely manner. Show You Houses That Can Accommodate Your Family While you are waiting for your current house to be sold, a real estate agent can show you houses of interest to buy. The houses may or may not be within your budget. However, if you are shown houses that are higher than your budget, it is likely because the agent believes that a better deal can be negotiated. Houses that sits on the market for a while are good for negotiating better deals. Make Sure Closing Goes Well with Both Houses Once your current house has been sold, a real estate agent will help you switch the title over to the buyer. He or she will also make sure that you are paid before the title is handed over. If you find a house that you want to buy, the agent will make sure you are dealing with the owner. The title to the property will be investigated to make sure no one else has rights to the house. Contact a real estate agent if you decide to sell your house and buy a new...

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3 Mistakes To Avoid When Building A New Home

Posted by on Aug 16, 2016 in Uncategorized | Comments Off on 3 Mistakes To Avoid When Building A New Home

For many people, building a new home is the fulfillment of a dream. However, mistakes made before and during construction can put a damper on high spirits. To protect your investment, here are some common mistakes made when building a home that you need to be on the lookout for. Failing to Ask About the “Change Order” In the process of building your home, it is possible that the builder could encounter an issue that requires a modification to the original plans. When this happens, it could result in the home being more than the estimated price. Before signing a contract with a builder, it is important that you understand the “change order” process. In other words, you need to ensure that the builder notifies you before any changes are made to the building plans and that you have the right to object, especially if the changes are going to significantly increases costs. Asking for Changes When you make changes to the plan, it can complicate matters. After the home is designed, there is a lot of work that goes into ensuring that it is built as planned, including getting the approval of an engineer. If you decide later that you want to change something in your home, it could increase the cost of building it. For instance, if you decide that you want to move a wall, the builder has to ensure that the supports are in place for it, the new wall has to be added to the plans, the engineer has to sign off on it, and the new plans have to be re-submitted to the city. In addition to this, the builder now has to secure more materials to complete the addition. If you are unsure about the design of your home, wait until you are committed to the plans to start construction. If not, you could face additional expenses. Forgetting to Plan for the Future One of the biggest mistakes you could make when building your new home is failing to plan for the future. For instance, having a two-story home with the master bedroom on the top floor sounds like a smart move now, but, as you get older, climbing the stairs might become challenging. Ensuring there is a room that can serve as the master bedroom in the future on the bottom floor would make sense. Work with the builder like Adobe Homes Florida to find a design for your home that is fitting for you and your family now and in the...

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Looking To Buy A Home? Make Your Home Offer Stand Out With These 3 Tips

Posted by on Aug 5, 2016 in Uncategorized | Comments Off on Looking To Buy A Home? Make Your Home Offer Stand Out With These 3 Tips

If you’re currently on the market for a new home, it’s important to understand what sellers look for in an offer. Below are three tips that will help your offer to stand out and make it to the top of the seller’s pile. Get Preapproved for a Mortgage If you’re looking to purchase a home, you may think that being prequalified for a loan is enough. While prequalifying does show homeowners that your financial situation is in good standing, being prequalified by a mortgage lender is not a promise that you will receive that money. Instead, if you’re serious about standing out to home sellers, go through the process of getting preapproved. Including the preapproval letter in your offer will show sellers that you’ve already got the financial backing for the home purchase and the money is, essentially, as good as gold. If the seller chooses you, having a preapproval letter can also mean that the seller won’t be waiting as long on the mortgage approval as they would be with a buyer who was only prequalified. Be Flexible on the Closing Date For many people who’re in the process of selling their homes, they’re usually also in the process of buying another. This means they may need some flexibility when it comes to closing the deal. If you know the seller’s new residence won’t be ready for another 60 days, it can mean a lot to them if you specify that you don’t mind closing in that time period. Being flexible can go a long way, and it may even get you the house over someone who offered more money. Why? Because no one wants to go through unnecessary difficulties, such as finding a residence for a month while waiting for their new home’s closing date to arrive, and may take less difficulties over more money. Include a Personalized Letter to the Seller For many homeowners, selling can be emotional. A heartfelt letter that gives the homeowner a glimpse into who you are may be just what you need to make your offer stand out. Selling a home can be a very emotional process, so giving the seller the opportunity to learn more about who you are and how you’ll care for the home may put them at ease and place your offer at the top of the pile. You don’t have to go into too much detail, but a handwritten note with a small introduction and a short list of what you love about the home can really mean a lot to a seller. If you’re looking to buy, there are a number of ways you can make your offer stand out to buyers. To learn more, consult with a real estate agent...

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3 Finishing Touches To Ensure The Success Of Your Estate Sale

Posted by on Jul 27, 2016 in Uncategorized | Comments Off on 3 Finishing Touches To Ensure The Success Of Your Estate Sale

If you are holding an estate sale because you are downsizing significantly and want to get rid of your belongings quickly, there are a few finishing touches you can do after you hire an estate sale service to assist you to ensure that your estate sale is the success that you are hoping for. #1 Use Lots Of Signs If you really want to drive home the sale, one of the best ways to do so is by putting up lots of signs in your neighborhood directing people to your estate sale. This will make it easier for people who are planning on going to your estate sale find your home, and will help draw in people who are just passing by. Before you put up signs, check with your city office and see if there are any regulations that you need to know about concerning lawn signs. Some cities limit the number that you can place or the size of the signs. Ask neighbors and area businesses if you can place signs on their property. Promise to come pick them up and remove them when your estate sale is over, and back up that promise by providing each location where you place your signs with your business card. Put up estate sale signs on every corner going into your neighborhood. Put them out up to a mile away from your home. Make sure that the signs are facing the road and test them out by driving by to make sure that they are visible. If your signs contain arrows pointing potential buyers in the direction of your home, make sure that they are all orientated correctly. You may want to check the orientation of any arrows on a daily basis during your estate sale to ensure that they didn’t get moved or turned around. #2 Make Your Home Visible Next, you need to make sure that your home is visible. You don’t want people to follow your signs but be unable to find your actual home. Put up extra-large signs in your front yard that mark your home as the location of the estate sale. You should also put out some bouquets of balloons to help identify your home and draw people in. If your home is located down a long driveway, make sure that the entrance to the driveway is clearly marked, as well as any turn-offs along the way so that people can feel confident they are going to the correct home. #3 Have A Greeter Finally, assign either yourself or another family member to open the door and greet potential sellers as they arrive. This will further establish that potential buyers are at the right home for the estate sale. It will also establish a level of professionalism with potential buyers, as well as openness. Potential buyers may feel more invested in shopping for what they want and asking questions when you greet them with a smile and welcome them into your home. By following the three tips above, you should be able to make your estate sale stand out above the others and be a success.  For more help, contact a company like EXIT Lakes Realty...

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Three Tips for Selling Your Home in a Transitional Market

Posted by on Jul 21, 2016 in Uncategorized | Comments Off on Three Tips for Selling Your Home in a Transitional Market

When you are trying to sell your house, it’s important to recognize which type of market you are in. There are two major types of markets in real estate, buyer’s and seller’s. The first advantages buyers while the second advantages sellers. However, in between these two waves, there is a transitional market. Selling your house in a transitional market can be confusing, but it doesn’t have to be. Here are some tips to help you. 1. Figure out where the market is going and where it has been. To successfully navigate a transitional market, you need to figure out where the market has been and where it is going. Namely, is it transitioning from a seller’s market to a buyer’s market or vice versa? Once you determine the direction, you will need to act accordingly. For example, if the market is shifting to a seller’s market, wait a few months before listing your house if you can because you’re likely to garner a higher price if you wait until the market benefits sellers. Alternatively, if the market is transitioning to a buyer’s market, price your house carefully, market it aggressively, and be ready to sell its most compelling features as if you were in a seller’s market. 2. Be attentive to fair market value. With buyer’s or seller’s markets, prices tend to go up and down precipitously depending on supply and demand. However, in transitional markets, prices tend to stay closer to their fair market value (FMV). That means if you have a recent assessment from the property tax assessor, from a lender, or from any other type of property-value assessor, you should take that price into consideration when determining what price to assign to your home. Negotiations tend to stall during a transitional market, as neither the buyer nor the seller has the clear advantage, and as a result, you should just set the price at what you want. If you set it too high in hopes of getting more money, buyers may just find another real-estate option to explore, and they may simply overlook your property. 3. Work with a real-estate agent. Finally, whether you are navigating a transitional market or a buyer’s or seller’s market, you should consider working with a real-estate agent. They can help you figure out the nuances of the market in terms of pricing. They can also help you market your property and connect you to prospective...

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4 Tips For Snagging A Great Apartment With Bad Credit

Posted by on Jul 13, 2016 in Uncategorized | Comments Off on 4 Tips For Snagging A Great Apartment With Bad Credit

If you live in a city with a tight rental market, you may find yourself competing against many other prospective renters when you apply to live in a place like Meadowdale Apartments. If you have less than stellar credit, you may begin to feel hopeless and wonder if any landlord will choose your application when they can instead rent to someone with a higher credit score. Luckily, there are specific things you can do to boost your chances of snagging the apartment you really want, even with bad credit. Here are four ideas: Come Clean If you apply for an apartment and the landlord says they are going to run a credit check, take this opportunity to be upfront about your lower credit score, either in person or in an email. Explain a bit of any extenuating circumstances that caused your credit to take a hit (a period of unemployment or a divorce, for example) and mention that you are working hard to repair your credit. Your potential landlord will most likely respect your integrity and be less surprised by any negative information that pops up on your credit report. Have Landlord References Handy Landlords are reassured when they hear from fellow landlords that you have been a model tenant and paid rent on time. Instead of just handing over phone numbers, ask a couple of previous landlords you have a good history with to write a short, positive letter of reference for you, then include these letters with your rental application. Save Up Extra Money It can be worthwhile to take a bit longer to look for a new apartment and save up as much extra money as possible in the meantime. This may mean working a part-time job on the weekends, freelancing on the side, or living with family for free or reduced rent for a while. If you have a good cushion of savings you can easily offer to pay a larger deposit or even pay a few months’ rent in advance to give your potential landlord more incentive to choose you as a tenant. Find a Place Through Friends and Family You may have better luck finding a less stringent landlord if you go through informal channels. Let your friends and family know that you are seeking a rental and what your budget and requirements are. If someone you know well happens to know of a place and recommend you, the landlord may skip over the formality of a credit check or place less emphasis on its importance. By following these tips, you can help ensure that you get a great apartment even while you’re working on repairing your...

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4 Little-Known Things To Check When Apartment Hunting

Posted by on Jul 4, 2016 in Uncategorized | Comments Off on 4 Little-Known Things To Check When Apartment Hunting

Looking for an apartment can come with a lot of added stress due to your concerns over finding the perfect place to live. With the right tips, however, you can make sure that you end up with an apartment that you’re happy with. By knowing what to look for and what to avoid, you can actually enjoy the apartment hunting process and end up with the perfect place. Bring a Socket Tester to Test the Outlets It can be frustrating to move into an apartment and begin setting up all of your belongings, only to find out that one of the electrical sockets doesn’t work. This can be a major problem when you consider how many electronics the average person has. Luckily, you can make sure that the apartments electrical outlets all work fine with the use of a socket tester that can be plugged into each outlet. Ask if Handyman Services Are Local When you live in an apartment for an extended period of time, it’s likely that you’ll need repair work at some point. Whether minor or major, it’s important that you can get the repairs done in a timely manner. When meeting with the landlord or property manager, you should ask whether handyman services are taken care of by someone locally so that you can get an idea of how long you’ll need to wait for repair requests. Check the Sinks and Shower Drains Another lesser checked area of the apartment that you should test before signing the paperwork is the sinks and shower drains. It can be frustrating to fill up the sink while doing the dishes or taking a shower, only to discover that the drains don’t work well. Filling up these water fixtures and letting them drain while apartment hunting can help give you a clear idea of whether they work as intended. Look for Signs of Pest Control While you want to make sure that the apartment has had pest control taken care of, there are some signs of pest control that could be a cause for concern. If you notice that roach pest control is sprinkled around the kitchen or that there are any signs of a recent pest infestation, you may want to be wary about the apartment. Having a list of things to check when apartment hunting can help you take care of searching for the perfect apartment with a clear mind and prevent stress that could be avoided. For more information on property rentals, check with companies like Management...

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4 Tips For Buying Properties For Sale

Posted by on Jun 23, 2016 in Uncategorized | Comments Off on 4 Tips For Buying Properties For Sale

In order to get all that you can from your household purchase, it will boil down to understanding some key points that will make the process as smooth as possible. There are a lot of homes for sale in your area that you can purchase, so you will need to understand some of the most important guidelines for getting this done. With these points below, take advantage of these four guidelines in order to get the property for sale that you need. Look into your finances and credit score first Prior to reaching out to any real estate agents or checking into properties, you should both check your credit and assess your assets and liabilities. By having your credit score in order, you will be able to find the best terms and rates that you require. You should also make sure that you assess both what you own and what you owe, in order to do your due diligence in finding the home that you need, while being able to close on it under your terms. Seek pre-approval whenever possible When you want to be sure that you can pay for your household with no issues, the best thing you can do is receive pre-approval. By doing business with the right bank or credit union, you will have the opportunity to seek pre-approval so that it opens up your shopping process and lets you know exactly what you will be able to afford. Without pre-approval, you are shopping blindly and may have to go back and redirect your efforts. Factor in the overall fees You will end up paying far more than the cost of the house, so be sure that you understand other costs, including closing costs, down payment, HOA fees and more. For example, if you end up closing on a home that costs $200,000, you may pay upwards of $4000 in closing costs. Understanding these fees ahead of time lets you budget accordingly and provides yourself with all that you need to shop for your house. Hire the right real estate agent Anytime you are looking into properties for sale, the real estate agent that you hire will be especially important. Doing this will put your mind at ease and allow you to find any property that you need, in a way that makes the most sense for your lifestyle. They will open you up to different listings and will help you negotiate closing costs, sign contracts and more. For more information, contact real estate companies, like...

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3 Tips For Making Your House Appealing To More People When Selling

Posted by on Jun 14, 2016 in Uncategorized | Comments Off on 3 Tips For Making Your House Appealing To More People When Selling

Selling your house can be very stressful. Many people need to sell their house quickly, but they don’t understand how to get their house to appeal to more buyers. Luckily, there are some things that you can do to make your house more appealing to the masses. Here are some tips. 1. Get Rid Of Personal Items One of the biggest mistakes people make is keeping their house personalized to their family and their beliefs. For instance, if you are especially religious, you should take down pictures, keepsakes, and any other things that might point to your beliefs. This could turn people away who might not feel the same way that you do. Not because they don’t believe the same as you, but because it will make it hard for them to envision themselves in the house. This also applies to family pictures and decorations. Replace them with some simple and generic decorations; this will go a long way. 2. Keep Colors Neutral If you choose to touch up paint colors, or change anything, make sure that you keep it as neutral as possible. Although you may love yellow as a wall color, it is a specific taste. If a potential buyer looks at your house and sees colors and things that they want to change, even if it is a simple fix, it might appear to be a big problem and because of this the buyer will either lose interest, or put in a lower offer because they think it will need a lot of work to fit their needs. If you keep it neutral it will help the buyer to envision himself or herself moving in without having to change anything right away. Although they might want to do different things, so long as the house is neutral, they don’t have to make changes right away. 3. Take Care Of The Yard A simple, overgrown yard could turn potential buyers away. The outside of the house is the first impression the buyer will have of your house. This is why it is so important that it is good and appealing. Although it might be a simple mowing job that needs to be done, if the house looks unkempt it might make the buyer think that there is more work that needs to be done. For this reason, have a good landscaper take care of the yard while you are trying to sell it. By doing these simple things you will improve your chances of selling your home. For further assistance, contact a local real estate...

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2 First-Time Home Buyer Mistakes To Avoid And How To Avoid Them

Posted by on Jun 7, 2016 in Uncategorized | Comments Off on 2 First-Time Home Buyer Mistakes To Avoid And How To Avoid Them

Investing in real estate can be an overwhelming process, but buying your first home can affect you physically, emotionally, and financially. From the long packing and relocation process to the whirlwind of emotions that accompany buying real estate, it is easy to see the challenges of buying your first home. If you are part of the 33 percent of first-time buyers shopping for their first home, use this guide of common mistakes to make your purchase a successful one. Buying More Than you Can Afford Unless you have the cash, you will most likely need a mortgage to purchase your first home. Banks will utilize your credit report and a statement of assets to determine the amount of home you can afford. However, mortgage companies will not take hidden financial obligations into consideration. To determine how much house you really can afford, make a list of all of your bills and expenses. Be sure to include the following, if they apply to you: Auto Loans Recreational Vehicle Loan Student Loans Utilities Child Support/Spousal Support Payments Health Insurance/Medical Expenses Auto/Life Insurance Groceries Transportation Costs – Gas, Maintenance, Taxes Retirement Account Vacation Savings You should also include potential costs associated with the purchase of your first home. Homeowner’s insurance, taxes, and homeowner’s association fees should all be accounted for in your budget. Since many of these expenses occur periodically through the year, you and your mortgage company may not place enough emphasis on them. Having your bills and expenses written out or added to a spreadsheet will give you a more clear understanding on how much house you can realistically afford to purchase. Skipping the Inspection After finding the house you can afford to purchase, you may feel overly excited to close on the deal. This excitement leads to many buyers foregoing an inspection of the home. In addition to the excitement of closing on the home, many first time buyers prefer to save the $300 to $400 cost of hiring an inspector. Unfortunately, this savings can lead to enormous financial issues in the future. Hiring a home inspector is smart to ensure that your potential first home does not have outdated electrical wiring, which can lead to dangerous fires and costly repairs. A home inspector will also locate any possible plumbing problems that can lead to severe water damage and mold growth. An inspection can also save you from replacing HVAC equipment, roofing shingles, or septic systems, since licensed inspectors have the trained eye necessary to locate these severe underlying issues. To reduce your risk of purchasing a money pit, make sure to invest the money and hire the home inspector. Purchasing your first home can be a fun experience, but taking the proper precaution is key to success. With this guide, you can avoid costly, stressful, and overwhelming mistakes when purchasing your first...

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