A lot of money goes into buying a new house so it is understandable if a seller feels hesitant investing even more money to fix up their current house prior to selling. However, sellers may not realize that some of the issues they live with everyday and consider minor, such as the hallway light switch or the kitchen sink that has plumbing issues, may actually be considered major to home buyers. These issues may even prevent buyers from making an offer on a home or making a lower offer. It’s crucial to keep your house presentable and in good shape before you list it on the market. That being said, read on to find out what repairs you might want to consider before you list on your house on the market. Roof Problems
A roof is one of the most important components of a home, protecting all that is underneath. Additionally, roofs are major expenses to replace. Therefore, it is imperative to keep the roof well maintained and free of damage and leaks. Issues like water and sun damage, clogged gutters, and rotting will lead to bigger issues if not fixed timely. Tending to these items immediately will help prevent further damage and help present the home well. Poor Maintenance Minor issues such as damaged flooring, paint chipping, and old carpeting can be easily fixed to give your home a renovation. Your goal is to make your home appealing so start by replacing anything that is heavily worn and adding a fresh coat of paint. And these minor upgrades can be inexpensive because you’ll most likely see a return on investment. Plumbing Plumbing problems can result in minor or major issues and it is very important to take care of these issues right away as they can lead to further problems. Bigger problems such as water damage can lead to mold and easy fixes to leaky faucets can be replaced inexpensively. Wiring Electrical problems can cause a wide variety of problems. Smaller fixes such as faulty switches, missing wire nuts, or damaged junction boxes can be
fixed with a good electrician. Replacing a circuit breaker might be needed if they don’t match the amperage of your home. Some repairs are obvious to see and others aren’t so it’s a good idea to run a pre-inspection of your house before listing. After, review it with your realtor because they can advise on which ones are the first priority.
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.
Most people dread the thought of moving, yet those same people love it when they move. Why? Most likely it’s emotional attachment and nostalgia for a beloved home. It’s understandable but yet a home that just doesn’t fit your needs any longer can make even the most loved home uncomfortable. Are you wondering if it’s time to move?
Here are 6 telltale signs that you should consider putting the “for sale” sign up in your front yard.
1. Your Home is Too Small – One of the most common signs is that you’ve outgrown your home.
2. Your Home is Too Large – Life changes! Empty nesters often find the home too large and it’s maintenance too much when they finally have time to travel and relax.
3. Your Home is Too Expensive – Are you spending all your extra cash making repairs or do you want major upgrades to suit your lifestyle?
4. The Neighborhood is Losing Value – Neighborhoods do change over time, if yours is declining consider a move.
5. Changing the Weather – Have you finally tired of shoveling snow? A move to a warmer state could be the right move.
6. Change is Good – The last great reason to move is to try something new. Different style or location, if the home isn’t making you happy any longer, time to move.
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.
With the start of the New Year, thoughts naturally turn to change. If one of your New Year’s
Resolutions is to sell your home, then making the right resolutions can help you sell your home
quickly and for the best possible return.
Top 7 New Year’s Resolutions for Home Sellers
1. Move Up Spring Cleaning – Time to do your spring cleaning now. Declutter,
depersonalize and make the home look roomier.
2. Stage Your Home – Whether you hire someone or do it yourself, this is the time to
rearrange your furniture to make your rooms look bigger and brighter.
3. Think it Through – Before you spend money on renovations and upgrades, think
carefully and don’t overspend by guessing.
4. Take Care of Neglected Repairs – This is a great time to hire a handyman or break out
the tool belt to take care of deferred maintenance and take care of minor repairs.
5. Interview Real Estate Agents – Hiring a real estate agent is critical to your success. Take
the time to interview a number of agents and choose the right one for your needs.
6. Check out the Competition – Go see homes listed for sale in your area and adjust your
timing, staging and pricing based on the market.
7. Prepare Mentally – Selling a home can be stressful. Be prepared for low offers, picky
buyers, drop-by agents and odd terms. Prepare yourself now so you will take them in
stride when you’re on the market.
And bonus tip: Call me, Your agent extraordinaire to help you sell your home fast.
Home sellers and real estate agents often fear the winter months because it
seems like a poor time to list. The truth is that winter can be a great time to list
your home for sale.
Conventional wisdom tries to say that taking your home off the market in winter,
or waiting to list, until the spring selling season starts is the best way to sell your
home. The truth is that if you are trying to sell your home, wouldn’t you rather list
while the competition is less?
With the end of the summer season, often homes are removed from the market,
either because the sellers mistakenly believe they need to wait for the spring. But
when listings flood the market in April, prices can go down as a “buyers’ market”
takes hold and inventory increases.
Buyers in the winter also tend to be more serious about a home purchase. The
holidays are a time to relax and enjoy family and friends. In real estate, studies
show that if a buyer is out looking for a new home during these months, they
have a reason to move, which tend to create better offers.
Home sellers can enhance their ability to capitalize on the slower pace and
smaller inventory by listing their homes for sale now. Winter is the perfect time to
get the highest possible sales price while the competition is drinking pumpkinspiced
latte and waiting for the spring.
Tips for Buying a House in the Fall
Surprisingly, fall is a great time to buy a home.
There are still homes on the market which did not sell during the summer months, some at deep discounts.
There are also homes newly listed by sellers trying to beat the slower winter months.
At the same time, there are fewer buyers out searching, which makes it the perfect time to buy a home.
• Fall home buyers should be ready to move when they find the right home and at the right price. Get prequalified so that you can jump at the right opportunity.
• Notice the imperfections. With windy or rainy weather, homes can show their scars.
Look for evidence of water intrusion and evaluate the yard debris with the falling leaves.
Look at gutters and ceilings for both.
• Visit the local school. With school in session, this is a good time to visit and ask questions from teachers and administrators.
• Wait for winter if necessary.
Buyers all but evaporate in the winter months, so while the competition seems low in the fall, wait for the right home to come along, even if it’s in January.
Buying a home this fall is exciting.
By using the season to its advantage, home buyers can get a great deal.
Welcome to my blog! Look around and lets find your dream home.