There are a number of reasons why you may need to sell your home in a buyer’s market, and though getting the most for your home in that situation may seem impossible, there are several strategies you can use to get the best offer for your home. Here are a few tips to getting the most for your house in a buyer’s market! Know Your Local Real Estate Market While the national housing market may be booming, your local market may be very different. A real estate agent can give you the information you need to determine how your local housing market is doing, and whether it is a good time to consider selling. Get A Home Inspection Knowing the condition of your home, and the strengths and weaknesses of your property, can help you make an accurate evaluation of what your home is worth and how best to market it. A home inspection can also point out any repairs that may be required, and you can even use the covered cost of a home inspection as a perk to potential buyers. Make Necessary Repairs Making repairs may seem like an unnecessary expense when selling your home, but these repairs, […]
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Selling your home can cause potential anxiety about your personal privacy. With your doors open to a nearly constant stream of strangers through your home, you may worry that your personal information is at risk. Protecting your personal information is a top priority. Here are a few tips for protecting your privacy while your home is on the market. Ask Your REALTOR® To Accompany Potential Buyers And Other People Entering Your Home Some REALTORS® allow buyers to walk through the property on their own. If you are concerned with allowing strangers to tour your home unaccompanied, let your agent know ahead of time. Remove Your Mail And Financial Information Don’t leave mail sitting out. You don’t want your personal information made public, and you would be surprised what thieves can use to steal your identity. Also remove all checkbooks and banks statements and place them in a secure filing cabinet or lockbox. Remove Personal Effects From diplomas to wedding photos, don’t provide potential buyers with any personal information about yourself or your family. Depersonalizing is also an important part of successfully staging your home for sale, so removing these things will allow you to accomplish two things at once. Don’t […]
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Many a home seller has been there—the house has been on the market for months and there is no sign of a sale. At what point should you pull the house off of the market, assuming it is even an option for you? When you start to feel like you are getting nowhere, it’s important to step back and consider the facts of the situation before you make any decisions. Is The Season A Factor? If your house has been on the market through the summer and well into fall, and the holiday season is approaching, you may feel there is no point in keeping it listed through the winter. You may be right. The holiday season is a notoriously difficult time to sell, and you yourself may want to just take a break and enjoy your holidays without interruptions from agents and potential buyers. If you can take a step back and resume your efforts to sell in the late winter or early spring, doing so is usually a wise choice. Are You Asking Too Much? Before you consider pulling the house off the market, take an honest look at your asking price. If it is unrealistic and you […]
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If you are in the market for a new home, or it is time to refinance your mortgage, there is no doubt you have been looking at the current interest rates. But with all the financial jargon and the multitude of lenders and mortgages available, understanding your options can really be confusing. Here are some simple facts about interest rates and how they affect your bottom line. Do Your Research As with any major decision, knowing the facts about the housing and financial markets before making any major decision is of vital importance to protecting your investment. Review online the national mortgage rates for different types of loans. There are a number of sites where you can find this information, or you can ask your REALTOR® to point you in the right direction. In general, fixed rates will be higher, but as they don’t fluctuate over the term of your loan they may be a better choice for those who need the stability of fixed payments. Also when comparing interest rates, be sure you are comparing the APR, or Annual Interest Rate, to ensure that your comparisons are on equal ground. Also keep yourself informed on some of the riskier […]
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