Sellers

The BIG Question of the day: How Do I Creating Curb Appeal on a Budget?

It’s the one question that is asked often… How to create ‘curb appeal’ when selling your home, but you don’t want to spend a lot to do it? First impressions DO matter!

Working in real estate, I’ve learned that many buyers will drive by a house before they even call for a showing. It makes sense. After all, if the buyer doesn’t like the outside of the house, why would they want to buy the inside? Unfortunately, properties going on the market often have poor or sparsely landscaped fronts that don’t appeal to buyers.

Case and point, I’m helping a former client sell her house. The house is great on the inside, but hasn’t drummed up a lot of interest. She’s on a limited budget, so I had to create some curb appeal without spending a lot of money. Thankfully, I came up with a few curb app… Continue Reading The BIG Question of the day: How Do I Creating Curb Appeal on a Budget?

A moment for Boston

All of us at Your Guy for That and Intown Focus Realty wish to extend our deepest heartfelt sympathy to the families, friends, and loved ones of the recent Boston Marathon tragedy.

There is no words, no gesture, and no thing can take the biting sting from loss; and only the honestly offered hand in wanting to help can be shown to help ease this painful path.

We ask all who wish to help in some small way, look to donate through your local Red Cross Disaster Teams, as they struggle to assist those in Boston. The link below will take you to their national donation website.

https://www.redcross.org/donate/index.jsp?donateStep=2&itemId=prod10002

Please take a moment of silence for those whose lives were lost, or changed during this horrific time.

The Boston Marathon tradition… Continue Reading A moment for Boston

4 emotional mistakes made by home sellers

By Michael Estrin • Bankrate.com
Keep emotion out of selling a home

The greatest hindrance to the sale of a home can be a seller who is seized by emotion.

“It is very important for sellers to (keep) in mind that a real estate transaction is most likely the single largest financial transaction they will ever undertake,” says Fiona Dogan, a realtor in Rye, N.Y. “It should be viewed and handled primarily as a business transaction, with cold, hard decisions being made on a financial and investment basis.”

Home sellers who allow emotions and sentimental attachments to overtake them during the sales process run the risk of making hasty, sometimes poor decisions, Dogan says.

Here are some tips to help any home seller avoid making emotional mistakes that could cost money… Continue Reading 4 emotional mistakes made by home sellers

About Property Disclosures

by William Bronchick, Esq
When you are selling a property there are certain disclosures mandated by state and federal law.  Do you know them?  Are there other disclosures that are recommended, even if not required? This article will address those issues.

Federal Disclosures Federal law requires disclosure of lead-based paint hazards on any property built before 1978.  This is generally done on an EPA-approved form, combined with giving the buyer a copy of the pamphlet, “Protect Your Family from Lead in Your Home”, available from the EPA’s website.  The law requires that you give your buyers a ten-day opportunity to test the house for lead.

State Disclosures Every state has different required disclosures, so it is best to research your own state’s law.  A good place to s… Continue Reading About Property Disclosures

Tips for First-Time Home Sellers

by Andrea Murad

It’s not easy being a home seller in this market. It’s even harder for  first-time sellers.

Selling a home is one of the biggest financial transactions most people ever  do in their lives. And the current real estate market, still plagued with a  record number of foreclosures and short sales, can be a challenge for  anyone.

“This is a unique market,” says Walter Molony, senior public affairs  specialist at the National  Association of Realtors (NAR).  “The real estate market is cyclical in nature, but we’ve never had an  amplification like we’ve seen in this market. The boom and bust cycle is taking  much longer to recover from, although we’re beyond the midway point in the  recovery.”

For first-time home se… Continue Reading Tips for First-Time Home Sellers

7 smart ways to tweak your online home search

Buying Advice: If you’re like most buyers, you start your house hunt on the Internet. Here’s how to pare down those options and find the homes that are right for you.

© Rex Features

Scouring real-estate search engines is a little bit like online dating. An overwhelming number of homes are available, but probably only a few are right for you.

To cut down on your time in front of the computer and to boost your knowledge about the market, we’ve gathered some tips for searching for homes online, as well as some advice on vetting the neighborhoods you have your eye on.

In this edition of Buying Advice, we’ll also check in with the latest housing stats and find out where the biggest foreclosure bargains can be found. (Hint: Think East Coast.)

Use the searc… Continue Reading 7 smart ways to tweak your online home search

Secrets of Staging: Sell Your House for More, Quickly

How prepping your house can change the minds of buyers

By Candice Novak

Home staging—a popular trend in the competitive housing market—is often the next step in selling your house more quickly, and sometimes at a higher price. Staging is preparing the home before it goes up for sale.

The practice has become somewhat of an industry—there are certified stagers, staging assessments, and a spattering of literature on the subject. Since the ’90s, staging has been practiced by designers and now increasingly by homeowners themselves. According to a study by StagedHomes.com, a website dedicated to all things staging, staged homes sold for 6.9 percent more then their un-staged counterparts. Staged homes stayed on the market for half the time (11 days) that un-staged houses did (… Continue Reading Secrets of Staging: Sell Your House for More, Quickly

5 Steps To Picking The Right Agent To Sell Your Home

Interview more than one agent before you choose one — and be sure to ask the right questions.

By Pat Mertz Esswein of Kiplinger

If you’re selling a home, a good real-estate agent will help you set the right price, market the home professionally, qualify the buyers and expertly negotiate and finalize the deal.

A great agent has long experience with recent sales and can walk a tightrope, balancing optimism with realism and diplomacy with brutal honesty. You’ll pay for an agent’s service — an average of 5.3% of the sale price in 2011, according to Real Trends, a real-estate consulting company. So you owe it to yourself to interview more than one agent.

1. Round up good prospects
To identify prospective agents, you can ask for referrals from neighbors or friends or use… Continue Reading 5 Steps To Picking The Right Agent To Sell Your Home

Property Damage While Under Contract

It’s the day before closing and you are packing up getting ready to move into your new home. Bad storms are making their way through the area when your agent calls with bad news. Your closing has been delayed because a tree fell on the home you were scheduled to purchase. After you get past the initial shock, the question is, what happens next?
If you are represented by a REALTOR(r), utilizing a contract provided by the Georgia Association of REALTORS, then you are protected.  The contract specifies that the Seller is to promptly provide notice that an insurance claim has been filed, from there each party has 14 days to decide how to move forward.
The Buyer could agree to allow time for the Seller to repair the property and close under the terms of the current Purchase & Sale Agreem… Continue Reading Property Damage While Under Contract

Housing Recovery Revs Up As Home Resales Rise

 

NBC News staff and wire reports

U.S. home resales unexpectedly rose in October, a sign that slow improvements in  the country’s labor market are helping the housing sector recovery gain  traction.

That, in turn, is feeding hopes among construction companies, whose sentiment rose for a seventh straight month in November to its highest level in six years.

The National Association of Realtors said on Monday that  existing home sales climbed 2.1 percent last month to a seasonally adjusted  annual rate of 4.79 million units.

That was above the median forecast of  a 4.75 million-unit rate in a Reuters poll.

NAR economist Lawrence Yun  said superstorm Sandy, which slammed in the U.S. East Coast on Oct. 29, had only  a slight impact on home resales. The only reg… Continue Reading Housing Recovery Revs Up As Home Resales Rise