Wednesday, January 23, 2019 / by Trish Ford
Putting your house up for sale can be quite a chore. If you want to receive an offer quickly and for top dollar, you’re going to have to take some things into consideration. We’ve put together a list of the Top 4 Things You Should Avoid When Selling Your Home.
1. Don’t overprice
It is common for people to think that if they list their home at a high value then they will have more room for negotiations in the price.
However, overpricing your home can actually have the opposite effect...it can make offers disappear. Once potential buyers have dismissed your home, it’s difficult to win them back even with a decrease in price.
Additionally, if you were to receive and accept an offer based on an inflated place you could then run into trouble with your appraisal. This could result in losing a deal entirely.
It’s best to list your house for its fair market value based on the comps in your area. A real estate agent can analyze the hous ...
Wednesday, January 2, 2019 / by Trish Ford
Buying a home is one of the most exciting investments you will make in your adult life. With stars in your eyes and dreams of open floor plans, garden tubs, and a big backyard, it is so easy to get caught up in the thrill of the hunt for your first home. However, before you set out on your home-buying adventure, obtaining a mortgage loan pre-approval is the responsible place to start.
What is a Mortgage Loan Pre-Approval?
In general terms, a pre-approval is a guarantee from a lender that you are already approved for a mortgage loan up to a certain amount. The lender has already verified:
Your proof of employment
Your credit score
Your payment capability
Once you have this pre-approval, you will have a certain time frame for which you will qualify for the loan you are already approved to get.
What are the Advantages of Having a Mortgage Loan Pre-Approval?
Having a pre-approval in-hand for a mortgage loan brings along ...
Thursday, December 27, 2018 / by Trish Ford
Your search is finally over. The house of your dreams is now yours, the deal is done, and it is time to transition into your new life in your new abode. As thrilling as it is to think of getting life started at the new place, there's an ugly task you have to get through first: Moving. According to The Atlantic, the average American moves at least 11 times in their life, but that's not to say it ever gets any easier, but it does not have to be as intimidating as expected.
1. Schedule, Plan, Plan, Plan
Create a schedule that includes a timeline of when pertinent steps in the process will take place. Your schedule or timetable should show things like:
What day you will be moving
When you will pack what room
Which days you intend to have certain tasks accomplished (i.e. cleaning out the fridge or collecting donation items.)
The more detailed your schedule, the less moving will look like a monumental task and the more it will look like a series of smalle ...
Tuesday, December 18, 2018 / by Trish Ford
In the everyday world, a picture is worth a thousand words. In real estate, a picture can be worth a LOT of dollars. Just getting good pictures of your home to post alongside the written description can speak volumes to a prospective buyer, but not everyone is a pro when it comes to taking pictures. Here are some easy-peasy tips to help you get behind the lens with a real-estate-agent eye and snap those pics that get your home recognized, appreciated, and sold.
1. Don't Capture Pics of Clutter
Before taking pics, clear out any stuff that clutters up the beauty of your home. For example, in the kitchen, if your countertop is cluttered with small appliances and food containers, no one looking at it in a shot will see the style of the countertops or the way the cabinetry highlights the backsplash.
2. Do Get Pics of Nice Views
Walk through your home and find the best views of the house. Maybe your house has an awesome staircase that leads down to a lovely foyer with ...
Tuesday, December 11, 2018 / by Trish Ford
Finding a home listed below market value is always a buyer's dream, but what if you find a property that listed well below the rest of the homes in the neighborhood because it is listed as a short sale by the bank? The truth is, finding these properties can be like finding a golden ticket in your chocolate bar. Take a look at some of the advantages of buying short sale properties as a buyer.
Buy a Better Home at a Lower Cost
For a lender, going through the foreclosure process to reclaim a property and sell it can be a costly endeavor. The mortgage lender will have to pay for legal fees associated with foreclosure, such as costs relative to getting the current resident out of the house and maintenance costs that can come along with maintaining a property until it sells. To get out of these expenses, some mortgage holders will agree to do a short sale, which basically means they drop the home below market value so it sells quickly and they can quickly recoup the majority of their m ...