Posted by Betsy Graziano on 3/5/2018

There are countless reasons a homeowner might want to sell their home and buy another. Some want to move for a change of scenery or to relocate for work. Others are parents with a recently empty nest who want to downsize to something more affordable that meets their needs.

The good news for second time homebuyers is that you already have an idea of what to expect when buying a home. The research, paperwork, disappointments, and delays that come with buying a home can all be prepared for. However, if you have the burden of selling your old home, finding a temporary place to live, and then moving into a new one, your responsibilities can be doubled or tripled.

In this guide, weíll go over how to prepare for selling your old home and moving into the new one. Weíll cover some common mistakes and offer some advice to keep you sane throughout this daunting (but exciting!) process.

Buying or selling first

For most homeowners, selling first makes the most sense financially. Holding onto a second house often means having to make two mortgage payments at once. Similarly, selling first will give you a much clearer idea of your budget for your new home.

Depending on market conditions, your home may or may not sell for as much as you were hoping. Itís important to keep this in mind before signing onto a new mortgage.

Moving logistics

Once you sell your home, youíll have to work out living and storage arrangements until you are ready to move into your new home. It may seem easy at first--just rent for a couple months until your move-in date, right? It isnít always that simple, however, as deals can sometimes fall through and you can find yourself with a move-out date from your own home without having finalized a deal on your new home. Because of this, many homeowners elect to may their current mortgage for an extra month or two until they can move in to their new home. 

Research your options for short-term living and storage in your area. See if you can work with moving companies who will give you a discount for helping you move twice; once to the storage facility and again to your new home.

One way around this is to time your move out and move-in dates so that you donít have to worry about storage. Some homebuyers will even move into the new home before officially closing on the home (i.e., take possession before closing). While this may be convenient, it can also be dangerous for the buyer and the seller.

Plan meticulously

One of the best piece of advice we can give is to stick to your schedule and keep good records during your buying and selling processes. Make sure whoever buys your home is aware of your plans for moving out and that anything that could delay those plans (inspection issues, moving logistics) are taken care of.  

Keeping track of all this information can be difficult, so donít be afraid to keep a daily list or planner of the things you need to take care of, and never be afraid to reach out to your real estate agent who will often be able to advise you on the best way to make your move as smooth a process as possible.

Posted by Betsy Graziano on 2/12/2018

Want to transform an ordinary garage sale into a successful one? Sell your electronics, and you can cut down on clutter, earn extra cash and speed up the home selling process.

If you plan to list your home in the near future, a garage sale offers a great opportunity to remove excess items from your house. Meanwhile, there are many electronics that you can sell to help stir up interest in your garage sale, and these include:

1. TV

You may be in no hurry to get rid of your big-screen TV. However, it is important to remember the time and energy it may take to move your TV from one home to another.

Ultimately, you may need to hire a moving company if you want to guarantee your TV can make it to a new address. And if you decide to move your TV on your own, you may struggle to do so due to its size and weight.

If you intend to sell your TV during your garage sale, you should learn as much as possible about this device. That way, you can establish a competitive price for your TV.

Also, if you have a TV remote or DVD player that complements your TV, you may want to consider selling these items at your garage sale.

2. Video Game Console

After spending many hours playing video games, now may prove to be the perfect time to sell your favorite video game console.

Many garage sale shoppers search far and wide for video game consoles, which means you may be able to generate plenty of interest in your video game system. In addition, if you own a "retro" video game console, you may be able to turn a significant profit from it.

If you sell a video game console during your yard sale, ensure the device works properly and includes all associated cables and wires. Furthermore, perform online research to understand the true value of your video game console to guarantee you can price it competitively.

3. Computer

An old computer may take up space in your house. Fortunately, a garage sale makes it simple to get rid of this device before you sell your residence.

When it comes to selling a computer, it is always better to err on the side of caution. Thus, you should clear your computer's hard drive to remove any sensitive information from the device altogether.

Moreover, if you own a printer, mouse or other items that complement your computer, it may be worthwhile to sell them as part of a package deal.

Selling your electronics at a garage sale may be one of the first steps to eliminate excess items from your residence prior to adding your home to the real estate market.

Lastly, if you need extra help with selling your home, you should collaborate with a real estate agent. By doing so, you can seamlessly navigate the home selling cycle and boost your chances of a profitable home sale.

Posted by Betsy Graziano on 2/5/2018

Selling your home is a major decision, and as such, you likely will need to allocate significant time and resources to determine whether now is the right time to add your residence to the real estate market.

Ultimately, there are many signs that may prove now is the ideal time to list your home, including:

1. Your house feels too big or too small.

Does your home feel cramped? Or, do you feel like you have too much space at your disposal? In either scenario, listing your home may enable you to relocate to a house that better suits your lifestyle than your current residence.

Working with a real estate agent will enable you to determine the right price for your home and generate plenty of interest in your residence. Plus, your real estate agent will help you narrow your search for a new home, ensuring that you can discover a new residence that suits you perfectly.

2. Your financial situation has changed.

Land a high-paying new job? Or, are you looking to cut expenses to save for a baby who is on the way? If your financial situation has changed dramatically, you may want to consider selling your home.

Furthermore, collaborating with a real estate agent may enable you to maximize the value of your residence in any housing market, at any time. Your real estate agent will set up home showings, provide tips and recommendations to help you bolster your house's curb appeal and much more. By doing so, your real estate agent will make it easy for you to drive interest in your home.

Let's not forget about the personalized support that a real estate agent can provide, either. Your real estate agent will be able to respond to any of your home selling concerns and queries. Thus, your real estate agent can play an important role in your ability to sell your home and optimize its value.

3. You're ready for a change.

Tired of dealing with New England winters? Or, do you want to enjoy the warm, sunny California weather day after day? If you're ready for a change in your life, you may want to sell your house sooner rather than later.

After you sell your home, you can relocate to any location you choose. Meanwhile, selling your home may open up new opportunities for you, as you'll be able to establish a new life in a new location at your convenience.

If you're ready for a change, you may want to consult with a real estate agent. This real estate professional will help you add your home to the real estate market and offer plenty of housing market data to ensure that you can price your house competitively. In addition, your real estate agent will go above and beyond the call of duty to help you get the best home selling results.

Don't wait to make a change in your life. Instead, meet with a real estate agent, and you can explore your home selling options today.

Posted by Betsy Graziano on 1/1/2018

After you receive an offer to purchase your house, you likely have only a short period of time to make your decision. Ultimately, determining whether to accept, reject or counter a homebuyer's proposal can be tricky. But if you plan ahead, you should have no trouble performing a comprehensive analysis of a buyer's offer, regardless of how much time is available.

Now, let's take a look at three tips to help you review a homebuying proposal.

1. Weigh the Pros and Cons

Creating a pros-cons list may prove to be ideal, particularly for a seller who is struggling to decide how to proceed with an offer. With this list in hand, you can evaluate the advantages and disadvantages of accepting a proposal and determine the best course of action.

Furthermore, it may be beneficial to assess your homebuying goals relative to an offer. If you goal is to maximize your profits, for example, you may want to accept an offer only if it matches or exceeds your house's initial asking price. Or, if your goal is to move out of your current residence as soon as possible, you may be willing to accept a proposal, even if it falls short of your home's initial asking price.

2. Assess the Housing Market

Housing market data is readily available that may help you make the best-possible decision about a home offer. If you analyze this information closely, you may be better equipped than ever before to decide whether a buyer's proposal is "fair" based on the current real estate market's conditions.

Oftentimes, it helps to conduct a home appraisal before you list your residence as well. Following a home appraisal, you'll receive a property valuation that may help you price your residence and evaluate home offers down the line.

3. Consult with a Real Estate Agent

There is no need to examine a home offer on your own. Instead, collaborate with a real estate agent, and you can receive expert recommendations as you assess a homebuying proposal.

A real estate agent is happy to work with you at each stage of the home selling process. This housing market professional will make it simple for you to list your house and promote it to the right groups of buyers. Next, a real estate agent will set up home showings and open house events to showcase your residence. And once you receive an offer on your house, a real estate agent will allocate the necessary time and resources to help you make an informed decision.

Lastly, if the first home offer that you receive fails to impress, there is no need to worry. You should not feel pressure to accept the initial offer on your house. In fact, you can always counter this proposal to set the stage for negotiations with a buyer, which could increase the likelihood of a successful home sale.

Get ready to review a homebuying proposal Ė use the aforementioned tips, and you can fully assess any offer that you receive.

Posted by Betsy Graziano on 10/23/2017

A home showing can make or break your chances of selling your house. Therefore, you'll want to do everything possible to ensure that each home showing is a success.

Ultimately, there are several best practices for home showings that every home seller needs to know, and these practices include:

1. Clean and Declutter Your House

A tidy home is sure to garner homebuyers' attention. Comparatively, a messy house is unlikely to do you any favors in a competitive real estate market.

Allocate the necessary time and resources to clean your house. Mop the floors, wipe down the walls and perform assorted home interior cleaning. Also, don't forget to mow the front lawn, trim the hedges and ensure your house's exterior looks great.

In addition, eliminate clutter from your home as soon as possible. By doing so, you can show off the true size of your living space to potential buyers.

2. Remove Personal Belongings from Your Home

Although you may have many personal photographs and other treasured mementos scattered throughout your house, you should put these items away before a home showing. That way, you can make it easy for homebuyers to envision what life might be like if they purchase your house.

When it comes to personal belongings, it sometimes can be tough to hide these items. However, if you store your personal belongings properly, you can guarantee these items will maintain their quality and appearance until you sell your house.

Pack up any treasured belongings carefully. Then, you can put these items in a storage unit for safe keeping. Or, if a family member or friend has storage space to spare, you can always ask a loved one to store your personal belongings temporarily.

3. Consult with a Real Estate Agent

If you're unsure about how to host a successful home showing, you're not alone. Thankfully, real estate agents are available in cities and towns nationwide, and these housing market professionals know what it takes to transform an ordinary home showing into an unforgettable experience.

A real estate agent can offer expert recommendations to help you get your house show-ready. In fact, a real estate agent can put you in touch with the best home cleaning companies in your area. He or she also is unafraid to be honest and will share any home interior or exterior concerns with you.

Furthermore, a real estate agent will teach you about the real estate market. He or she can educate you about the differences between a buyer's and seller's market, respond to your home selling concerns and questions and much more. Thus, if you work with a real estate agent, you should have no trouble making informed decisions throughout the home selling journey.

Take the guesswork out of prepping your house for a showing Ė use the aforementioned best practices, and you can improve the look and feel of your house in no time at all.

Categories: showing   Selling Your Home