Jun 27, 2017 | Home Buyer Tips
For many homeowners who are selling in today’s real estate market, pinching every penny can be important. They may be considering opting out of using a real estate agent and going with the DIY approach. However, there are many things an agent can do for you in a hot market that is worth the money. If you’re wondering how a real estate agent can help you, here are some things to consider.
Understanding The Neighborhood
It’s possible that you know your neighborhood quite well and are aware of the selling prices of many homes in the area. However, an experienced agent will have a good grasp on the history of your neighborhood and has probably sold a house in your area before. While research is great, prior knowledge can give them a leg up in determining exactly how you can price your house for maximum success. Instead of having to guess at what will work, they will have the know-how to make a sound judgment.
Marketing Know-How
Most real estate agents have dealt with the ups and downs of the market, and this generally means that they’ve learned how to succeed even when the chips are down. When it comes to marketing, the right agent will have the contacts and the savvy to determine the best approach for selling your home. Whether it involves posts on social media sites like Facebook and Twitter, an online website or an Open House, an agent will know how to appeal to your ideal buyer and garner you the best offer around.
Closing The Deal
With so much money involved for both the seller and the buyer, the likelihood of getting your asking price right off the bat is not high. In situations like this, it’s more than a little helpful to have a real estate agent around who understands the negotiating process and how to close the deal. Not only will they be able to advise you on what your home is worth and what it can garner, they can also advise you on when you should consider a lower offer.
It may be tempting to go it alone when it comes to selling your house, but the right agent can be instrumental in marketing your home and getting you the price you’re asking for. If you’re currently preparing to put your home up for sale, contact your local real estate professional for more information.
Jun 22, 2017 | Around The Home, Home Buyer Tips, Home Seller Tips
It can be a stressful experience to put your home on the market and wait for offers in the hope that you’ve priced it right. However, for those who are considering selling to family members, the sale of a home can be fraught with just as much stress before and after sealing the deal. If you’re wondering if it’s a good idea to sell to a family member, here are some things to consider beforehand.
Providing A Discount
Whether you’re selling to a sibling or a child, you may be considering offering the home at a discount to help them out. Fortunately, since the discounted value will be different than the market value of the price, this may mean a taxable gain when it comes time for them to sell the property after a few years of residing in it. On the other hand, if your financial health is not the best, selling at a lower price to a family member can create an undue financial burden for you.
An Owner-Financed Sale
If you’re trying to help your child get on their feet, the option exists for an owner-financed sale where your child will be making monthly payments to you. This provides the benefit of not having to worry about a lender and avoiding interest rates on top of the payment. While this can be a great feeling as a parent to be able to help your child, it’s important to weigh the decision carefully to determine that your child will not default on the loan and it won’t be tiresome for you to act as the lender.
Keeping It In The Family
For most people, the home they live in has sentimental value, whether they’ve lived there for a few years or it’s been in the family for generations. That’s why it can be a great comfort for many to sell to a family member who will understand the house’s history and the family traditions. If the deal is going to put a strain on relationships, though, it may not be worth the well-being of the family to keep the home among the relatives.
It can be a comfort to sell a home to a family member and secure their well-being, but there can be financial hurdles involved that can have an adverse impact on the relationship. If you’re currently considering selling to a family member, contact your local real estate professional for more information.
Jun 20, 2017 | Home Buyer Tips, Home Buying Tips, Selling Real Estate, Selling Your Home
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Jun 20, 2017 | Around The Home, Home Buyer Tips, Home Seller Tips
When investing in a home, one of the most important things is buying a place that you and your family can feel comfortable in. However, while a place you can envision yourself in is important, it’s not worth neglecting the neighborhood you’ll be moving into for the perfect home. If you’re wondering what you should be looking for in the neighborhood you choose, here are a few things to consider before making an offer on a home.
Is It Safe?
It may be common to feel bowled over by a home and want to invest immediately, but the right home in the wrong neighborhood may not be the best choice for many reasons. Part of feeling comfortable in your home is being safe among its streets, so ensure you research the neighborhood and its history, and check in on the crime rate. You may even want to consult with your agent or some local neighbors to see what information they can provide about the area’s history.
Are There Local Amenities?
If you’re used to getting in the car to run errands, it might not be a big deal to not have a grocery store or pharmacy nearby. However, if there are no amenities you use frequently close by, it can start to be a bit of a drain on your lifestyle. While you don’t necessarily need to have the trendiest restaurants or best shopping, it’s important to have a few choice places in case you run out of something and need to make a quick run to the store.
What’s Your Neighborhood Style?
It might seem like a strange thing to ask yourself, but the neighborhood you live in is going to become a big part of your life and that means you’ll have to see yourself in it. If you want neighbors you can trust and community-mindedness, you’ll want to seek out an area with these qualities. On the flip side, if you happen to prefer a busier urban atmosphere that offers more independence, this may be the way to go.
There are a lot of things that go into finding the right home, but it’s important not to forget about the neighborhood you’re living in and what it will mean for your lifestyle. If you’re currently looking into homes and are trying to determine an area that will work for you, contact your local real estate professionals for more information.
May 31, 2017 | Home Buyer Tips
With the popularity of living in high style, many people are considering life along the golf course as a way to get in the game and dwell in a picturesque place. While there are many benefits to this kind of living, there are also a number of drawbacks to consider before investing. If you’re wondering whether or not a home on the green is a possibility for you, here are some things you’ll want to consider before making the big purchase.
Close To The Course
If you happen to love the game and are an avid golfer, living along a golf course can be one of the best ways to inspire you to improve your game and get out on the green consistently. With a course just a short walk away, it may seem like a matter of time before you’re a pro at the game! However, if you don’t absolutely love golfing and are simply a novice who wants to try it out, it’s better to decide if you truly love the sport before it’s staring you down in the backyard.
Always A Picturesque Scene
From city life to the press of nature, everyone has an aesthetic they like that makes them feel at home, and there’s no place like life along the course to get a charming view. However, given the well-groomed greens of a course, it may also get a little bit boring for those who prefer the wilds of nature or a more urban lifestyle. While it goes without saying that a golf course provides an idyllic setting, make sure you determine beforehand if you’ll love it over time.
The Potential For Damage
Living along a golf course can certainly provide a variety of entertainment throughout the day, from random visitors to local tournaments, but golf balls in close proximity can come with damage. While your home will be off-course and the likelihood of damage is minimal, it’s important to consider how much of a risk you’re willing to take on your home before you decide to invest in this kind of property.
Life on the golf course may seem ideal for enthusiasts of the sport, but it’s important to consider if living along the green will be the right environment for you before taking the leap. If you’re currently considering purchasing a home on the green and are looking into options, contact your local real estate professional for more information.
May 23, 2017 | Home Buyer Tips
Without a doubt, it can be both overwhelming and exciting to find your dream home and be able to put the money down for it. However, there are a lot of things to know before signing on the dotted line so you can avoid buyer’s remorse. Instead of going it alone, here are a few tips to keep in mind before you decide to commit to your new home.
A Good Agent Is Important
Many homeowners want to find the right place on their own, but having an agent along to assist you in the process can go a long way towards finding your ideal home at the right price. Instead of risking it, choose an agent that comes highly recommended and has an abundance of experience in the business.
Is The Price Right?
It’s easy to be taken in by a beautiful home, but before putting money down you’ll want to calculate your debt-to-income (DTI) ratio to make sure it’s within reach. You may feel like you can make it work, but paying a too-high mortgage will become a drain over time and may ruin the happiness of your home investment.
What’s The Potential?
When it comes to first-time buying, many potential homeowners go into it with unrealistic expectations. However, demanding too much of your investment can mean you miss out on the gems that have a lot of hidden potential. Instead of saying ‘no’ right away, consider what you can improve for little cost.
Researching The Neighborhood
The focus for many homeowners is definitely the house, but ‘location, location, location’ is a cliche; for a reason. Instead of focusing only on your home, ensure you’ll be living in a neighborhood where you can feel safe and will have access to all the amenities you need.
Investing In An Inspector
A home inspection may feel like a formality, but it’s important to have the right inspector so they will notice maintenance items that can hugely impact your finances. While little items that need to be fixed-up are not a big deal, issues with the foundation or the roof can cause major grievances if they’re not detected.
There are a lot of things to keep in mind when it comes to buying a home, but by doing your research and being aware of your financial outlook, you’ll be well on your way to a good investment. If you’re currently in the market for a home, please contact your trusted real estate professional for more information.
