Posted by Betsy Graziano on 8/27/2018

A home appraisal often helps a property seller determine how to price his or her residence. As such, an appraisal is important. And with a great appraisal, a seller may boost the likelihood of earning top dollar for his or her house.

Ultimately, there are many reasons to trust the final results of a house appraisal, and these reasons include:

1. A home appraisal is conducted by a property expert.

An expert home appraiser will allocate significant time and resources to complete his or her report. This professional also will perform a home analysis as part of his or her assessment. That way, a home appraiser can provide an accurate property valuation.

As you consider home appraisers, you may want to search for professionals with comprehensive experience. By doing so, you can find a home appraiser who knows the ins and outs of evaluating properties.

2. A home appraisal is based on your home's condition and real estate market data.

Although many home sellers believe an appraisal's property valuation is based solely on the age and condition of a house, other factors come into play. In fact, a home appraiser generally evaluates the current state of the housing market, the prices of comparable houses that recently sold and other real estate market data to determine the optimal property valuation.

Of course, it typically is a good idea to perform myriad property upgrades before an appraisal is completed. This may help you improve your chances of receiving the best-possible property valuation.

3. A home appraisal provides home selling insights you may struggle to obtain elsewhere.

A home seller won't have to wait too long to receive an appraisal report, as a home appraiser usually can provide this report over the course of a few days. Meanwhile, the report includes a property valuation and other home insights that a seller may be unable to obtain elsewhere. And as a result, the report may prove to be exceedingly valuable, particularly for a seller who wants to maximize the value of his or her house.

When it comes to conducting a home appraisal, you may want to consult with a real estate agent. This housing market professional can explain how a home appraisal works and answer any concerns or questions that you may have. Plus, a real estate agent may be able to put you in touch with the top-rated home appraisers in your city or town.

Let's not forget about the assistance that a real estate agent can provide throughout the house selling journey, either. A real estate agent will help you list your home and promote it to prospective buyers. And if you receive an offer to purchase your residence, a real estate agent can offer a recommendation about how to proceed with this homebuying proposal.

Ready to add your residence to the real estate market? Perform a house appraisal, and you can move one step closer to establishing a competitive initial asking price for your home.




Categories: Selling Your Home   appraisal  


Posted by Betsy Graziano on 6/25/2018

You may have looked up what the estimate of your home’s value is online. This is purely a number based on what other homes in the neighborhood are selling for. There are some obvious factors that you need to know to calculate your home’s value. These include: how many bedrooms, how much square footage and how much land the home resides on. There are some not so obvious factors that are included in calculating the value of a home. Here’s some things that typically affect a home’s value:


The Street Name


As bizarre as this sounds, it’s true. Whatever suffix that your street name ends in can have an impact on the price of a home. “Street” is less expensive than Boulevard, Road or others. You may even be lucky enough to live on Park Place or Boardwalk!   


Your House Number


People have superstitions and varying beliefs. Whether it’s numerology or the fact that you live at an infamously unlucky number house, buyers will be less attracted to your place. This is another one of the stranger factors you must keep in mind when it comes to valuing your home. 


The Neighbors


If you live close to any neighbors, they will play a factor in how much you can get for your home. If your next door neighbor has strange taste in paint color or has built an eccentric shrine in his front yard, potential buyers may be turned off. You can’t pick your family. However, if you’re moving you do have a say as to what kind of neighbors you’ll surround yourself with. Be prepared for this to affcet your home value if this is the case.   


Trees


Did you know that trees increase the value of your property? When properties are being built, trees are often cleared away. If you have trees around your property that have grown, you’ll find that you can get a bit more for your home. Want to add value to your home? Get planting!   


Crown Moldings Are King


People love crown molding. You can put in crown molding as an easy way to add value to your home and be more attractive to buyers. While buyers look for high ceilings, crown molding can certainly be a deal breaker. 


Your Hobbies Are A Buyer’s Hobby


If you have anything in your home that buyers love, they’re more likely to want to buy the home. If you’re a huge football fan, and a buyer comes along with matching interest, you could add some more attention to your home. The reason is that buyers can easily see themselves there due to the shared interest. But, this also has a reverse effect. Not everyone is a football fan. If you want to appeal to a larger pool of buyers, (which you probably do) you may want to get the extensive hobby paraphernalia out of your home before it’s shown.


A Crime On The Property


If there was a death on the property or a significant crime, people will be turned off. This will significantly affect the value of your property. You’ll most likely have to reveal the death or the crime in the buyer’s disclosure as well based on legal requirements. 


What’s Nearby?


Whatever is nearby could have a significant effect on your home’s value. Whichever kind of grocery store or restaurants are nearby can really help the value of your home. People love their daily coffee! If there’s a unique coffee shop down the street, or a popular grocery chain, you could be looking at potential gains on the value of your home.





Posted by Betsy Graziano on 6/4/2018

After you accept an offer on your house, it is only a matter of time before you need to move out. This means a home seller will need to start packing up his or her belongings and figure out which items need to stay and which items need to go.

Ultimately, it often pays to leave high-quality items behind as part of a home sale. And if you include top-notch items as part of a home listing, you may be better equipped than other home sellers to receive multiple outstanding homebuying proposals.

Determining which items to leave behind as part of a home sale can be simple. In fact, here are three of the most common items that home sellers choose to offer in a home listing:

1. Refrigerator

If you intend to move into a house that already has a refrigerator, there may be no need to bring your current refrigerator to your new address. Thus, you can include your current refrigerator as part of your home listing.

A refrigerator that looks and performs great may be worth several hundred dollars. Therefore, this appliance could become a key part of a tight negotiation with a homebuyer and may help you move closer to finalizing a home sale agreement.

Of course, if you include your refrigerator in your home listing, you also won't have to worry about moving this big, heavy appliance to your new address.

2. Washer and Dryer

Your washer and dryer have helped you keep your clothes clean and dry for many years. Now, these appliances may prove to be exceedingly valuable to a homebuyer who wants to avoid the hassle of shopping for a new washer and dryer.

If possible, it may be worthwhile to include a washer and dryer in a home listing. Plus, you can include information about the age and condition of your washer and dryer to help your home listing stand out from others.

3. Big-Screen TV

A big-screen TV that served as the centerpiece of your living room or man cave may be tough to move. Thankfully, you can include this item in a home listing and make it simple for a homebuyer to enjoy a wonderful TV as soon as he or she buys your house.

Determining which items to leave behind as part of a home sale sometimes can be tough. Fortunately, if you work with a real estate agent, you can get expert assistance as you put together a home listing.

A real estate agent is happy to provide comprehensive support throughout the home selling process. He or she will learn about your home and help you craft a home listing that highlights your house's features. In addition, a real estate agent will set up home showings, respond to your home selling concerns and questions and much more.

When it comes to selling your house, don't hesitate to leave various first-rate items behind. By doing so, you may be able to make your home more attractive to potential homebuyers and boost your chances of a fast home sale.




Categories: Selling Your Home   Appliances  


Posted by Betsy Graziano on 5/14/2018

A home showing offers a wonderful opportunity for a home seller, as it enables this individual to promote his or her residence to a potential homebuyer. But after a home showing is finished, how should a home seller proceed?

Ultimately, there are several steps that a home seller should expect following a home showing, including:

1. Waiting for a Response from the Homebuyer

The time between when a homebuyer views your home and when he or she provides feedback about a home showing may seem endless. However, home sellers should remain patient and understand that what happens immediately following a home showing often is beyond their control.

Remember, you only get one chance to make a positive first impression on a homebuyer. And if you went above and beyond the call of duty to enhance your residence before the home showing, you've likely done everything you can to put your best foot forward.

On the other hand, if you failed to clean up the kitchen, remove clutter from the basement or perform other home repairs and maintenance, there is no time like the present to get started on these home improvement tasks. Even if an initial home showing was far from perfect, you can always learn from it and allocate time and resources to enhance your house's appearance for future showings.

2. Consulting with Your Real Estate Agent

Your real estate agent will serve as a liaison between you and a homebuyer and keep you up to date with feedback about the home showing.

If the home showing was successful, your real estate agent may come to you with an offer on your house. In this scenario, you'll have a short period of time to decide whether to accept, reject or counter the proposal.

Or, if the home showing was unsuccessful, there is no need to fret. Your real estate agent will be able to share a homebuyer's feedback with you, which may help you discover ways to improve your home.

3. Enhancing Your Home

As a home seller, you may need to host many home showings to stir up lots of interest in your property. And with an experienced real estate agent at your disposal, you should have no trouble getting your home ready for home showings.

Your real estate agent understands what it takes to garner interest from homebuyers. Thus, this real estate professional will offer recommendations and suggestions to help you improve your home quickly and effortlessly.

Also, your real estate agent is available to respond to your home selling concerns and queries. That way, if you're uncertain about how to make your home stand out from the competition, your real estate agent will be able to provide insights and tips to help you do just that.

Collaborate with a real estate agent, and you can streamline the home selling process. This housing market expert will do everything possible to assist you before and after a home showing and ensure that you can promote your residence to the right homebuyers consistently.





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, we’ll go over how to prepare for selling your old home and moving into the new one. We’ll 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. It’s important to keep this in mind before signing onto a new mortgage.

Moving logistics

Once you sell your home, you’ll 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 isn’t 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 don’t 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 don’t 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.