home selling: Can you take light fixtures and curtain rods with you when selling a home?
- 09/13/24 04:55 AM
Can you take light fixtures and curtain rods with you when selling a home?
Thinking about selling your home? Here’s a key detail you don’t want to overlook: what items are you required to leave behind?
When selling your home, it’s important to know that anything attached to the walls or structure—like curtain rods, light fixtures, and built-in shelves—typically needs to stay with the property. Many sellers are surprised by this, but these items are considered fixtures and are part of what the buyer expects to get when they purchase the home.
If you have curtain rods, light fixtures, or other attached items that … (4 comments)
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home selling: Are We Moving Toward a Balanced Market?
- 09/12/24 04:58 AM
Are We Moving Toward a Balanced Market?
The real estate market is shifting! With growing inventory, we’re inching closer to a balanced market where neither buyers nor sellers hold all the power. Here’s what you need to know.
What’s a Balanced Market?
A balanced market typically means a 5-7 month supply of homes for sale, where prices stabilize and both buyers and sellers have equal opportunities. We’re not quite there yet, but inventory is on the rise, moving us closer to this sweet spot.
Current Market Trends
More Homes on the Market: Inventory has increased, meaning homes are sitting longer. As a buyer, you have more … (3 comments)
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home selling: Slash Your Mortgage Rate Now: 4 Steps to Save Big!
- 09/11/24 04:47 AM
Slash Your Mortgage Rate Now: 4 Steps to Save Big!
Tired of waiting for lower mortgage rates? You don’t have to sit on the sidelines! With a few smart moves, you can cut your mortgage rate by up to 1.5%, potentially saving $400 a month or $4,800 annually on a $500,000 home. Ready to learn how? Let’s dive in!
1. Shop Around for the Best Rate
Did you know that comparing offers from multiple lenders can save you up to 86 basis points on your mortgage rate? Many buyers settle for the first offer they get, but a little comparison shopping can lead to big … (4 comments)
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home selling: Understanding the Appraisal Gap
- 09/09/24 04:35 AM
Understanding the Appraisal Gap: A Smart Strategy in a Competitive Market
In a hot real estate market, how do you make your offer stand out? One effective tactic savvy buyers are using is the appraisal gap strategy.
An appraisal gap occurs when a buyer is willing to pay more than the appraised value of a property—up to a specific dollar amount. This strategy is particularly useful in a multiple-offer situation, helping your offer rise to the top when competing against others. For example, if a property is listed at $300,000 and you agree to pay up to $5,000 over the appraised value, you’re … (6 comments)
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home selling: Why You Should Never Waive a Home Inspection Contingency
- 09/06/24 06:08 AM
Why You Should Never Waive a Home Inspection Contingency
I’m often surprised when I hear some realtors suggest that buyers should waive the home inspection contingency. This is one of the most crucial steps in the buying process, and skipping it could cost you thousands of dollars down the line.
The Importance of a Home Inspection
A home inspection isn’t just a formality—it’s your safeguard against unexpected, costly surprises. This contingency gives you the time to thoroughly inspect the property and ensure everything is in working order before you finalize the purchase. Imagine moving in and discovering the roof needs replacing or the plumbing … (4 comments)
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home selling: Why Skipping Permits Could Cost You Thousands
- 09/05/24 04:52 AM
Why Skipping Permits Could Cost You Thousands: The Hidden Dangers of Unregulated Home Projects
When it comes to home improvements, cutting corners might seem like a money-saving move, but it can lead to costly and dangerous consequences. One critical step that homeowners often overlook is obtaining the proper permits. In cities like ours, this oversight can result in substantial financial and safety risks.
The Real-Life Horror Story of Skipping Permits
Imagine hiring a fence company that skips the permit process. They drill right through a sewage pipe, causing thousands of dollars in damage, and then refuse to pay for the repairs. Even worse, what … (7 comments)
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home selling: Don’t Get Burned: The Importance of Listing Appliances in Your Contract
- 09/04/24 05:14 AM
Don’t Get Burned: The Importance of Listing Appliances in Your Contract
Imagine walking into your new home, excited to start this next chapter, only to find that the shiny stainless steel refrigerator you fell in love with has been swapped out for an older model. It’s a common pitfall that home sellers and buyers can easily avoid—if they know what to look for.
When selling your home, it’s crucial to understand that the appliances your buyer sees during the showing are the ones they expect to receive. Swapping out that high-end stove or refrigerator for a less desirable one without written permission could … (6 comments)
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home selling: Why Your First Offer Might Be Your Best Offer
- 09/03/24 05:52 AM
Why Your First Offer Might Be Your Best Offer
You’ve just listed your home, and an offer comes in almost immediately. It’s tempting to hold out for a higher bid, but here’s the truth: your first offer is often your best offer.
Early buyers are usually the most serious and motivated. They’ve been searching the market and know a good deal when they see one. Accepting a strong initial offer can save you from the headaches of prolonged listings, endless showings, and the uncertainty of future offers. Plus, a quicker sale means less time and money spent on maintaining a property you’re ready … (5 comments)
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home selling: Are Home Warranties Worth It or Just a Scam?
- 09/01/24 04:59 AM
Are Home Warranties Worth It or Just a Scam?
Ever wondered if a home warranty is truly worth the cost, or if it’s just another scam? The answer isn’t as clear-cut as you might think.
Home warranties are often marketed as a safety net for homeowners, offering protection against unexpected repairs. However, it’s important to understand their limitations before deciding if one is right for you.
Home warranties typically cost between $350 and $1,000, depending on the level of coverage. While that might sound like a small price to pay for peace of mind, there are a few things to consider. For starters, coverage … (9 comments)
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home selling: Selling Your Home? Don’t Forget This Crucial Contingency
- 08/31/24 06:11 AM
Selling Your Home? Don’t Forget This Crucial Contingency
Imagine selling your home, only to find yourself with nowhere to go. It happens more often than you think, and it’s a nightmare scenario that can be easily avoided with the right contingency in your offer.
The Importance of a Contingency Clause
If you need to find a new home before selling your current one, it’s vital to include a contingency in your offer that states you must secure a new property before the sale can proceed. Without this clause, you could be legally obligated to sell your home—even if you haven’t found a new place … (3 comments)
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home selling: 2024 Home Trends: Embrace Casual, Green, and Warmth in Your Home Design
- 08/30/24 05:44 AM
2024 Home Trends: Embrace Casual, Green, and Warmth in Your Home Design
Are you ready to refresh your home’s style for 2024? The new year brings exciting trends that focus on creating relaxed, inviting, and vibrant living spaces. Here’s a sneak peek at the top three home design trends that will dominate in 2024: Casual, Green, and Warmth.
Casual Elegance
In 2024, the shift towards casual, comfortable living continues to grow. People are moving away from overly formal spaces in favor of a more relaxed, livable aesthetic. Say goodbye to stuffy rooms and hello to cozy, inviting environments. This trend embraces comfortable furniture, soft … (1 comments)
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home selling: Do Not Waste Your Money on These Home Upgrades
- 08/29/24 06:01 AM
Do Not Waste Your Money on These Home Upgrades
Thinking about adding a luxurious pool or converting your garage into a cozy living space? While these upgrades might sound appealing, they can actually hurt your home’s value and make it harder to sell. Before you break out the toolbox, consider the impact on your bottom line.
Upgrading your home is a great idea—when done strategically. But some renovations, like garage conversions or adding a pool, often don’t pay off. Many buyers want a functional garage for their cars, not an extra room they didn’t ask for. Similarly, a pool might seem like a … (5 comments)
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home selling: What Top Buyer’s Agents Know Before Showing a Home
- 08/28/24 06:24 AM
What Top Buyer’s Agents Know Before Showing a Home
The difference between an average buyer’s agent and an exceptional one can make or break your home-buying experience. Here are key things great agents know before they ever show you a property:
Buyer’s Value: Exceptional agents see every buyer as more than a transaction—they see the potential for referrals and future business. Agent Loyalty: Great agents confirm upfront if you’re working with another agent to avoid wasted time and confusion. Pre-Approval: Before showing homes, top agents ensure you’re pre-approved for a mortgage, saving you from disappointment later. Buyer’s Needs: They dig deep to understand your priorities—like schools … (1 comments)
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home selling: Strengthening Our Community: Auburn’s Neighborhood Conference
- 08/19/24 02:54 PM
Strengthening Our Community: Auburn’s Neighborhood Conference
As a realtor deeply connected to the pulse of Auburn, I recently had the pleasure of attending the City of Auburn’s annual Neighborhood Conference for the second time. This event is more than just a gathering—it’s a chance to dive into the basics of city planning, promote healthy neighborhoods, and learn how to navigate local government. It’s inspiring to meet so many dedicated neighbors working tirelessly to make Auburn a safer, friendlier, and more beautiful place to live.
If you’re passionate about our community, I highly encourage you to consider attending next year’s conference. It’s a fantastic … (0 comments)
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home selling: Unlocking Negotiation Power in Today’s Housing Market
- 08/16/24 05:06 AM
Unlocking Negotiation Power in Today’s Housing Market
As the housing market evolves, buyers are regaining some negotiating leverage. While this doesn’t make it a buyer’s market, it does mean that sellers need to be prepared to negotiate. Whether you’re buying or selling, understanding what can be negotiated is key to a successful transaction.
Key Negotiation Points:
Sale Price: Buyers can push for a lower price, especially if the home is overpriced. Home Repairs: Post-inspection, buyers may request repairs or ask for price reductions to cover future costs. Fixtures and Appliances: Buyers might ask for appliances or furniture to be included in the sale, which sellers can … (2 comments)
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home selling: Why Offering a Buyer’s Agent Commission Could Be the Key to Selling Your Home Fast
- 08/15/24 06:14 AM
Why Offering a Buyer’s Agent Commission Could Be the Key to Selling Your Home Fast
Want to maximize your home’s sale price? One of the most effective strategies might be one you haven’t considered: offering a commission to the buyer’s agent. Here’s why this small investment can yield big returns.
The Value of Offering a Buyer’s Agent Commission
When you offer a commission to the buyer’s agent, you’re doing more than just checking a box—you’re actively increasing the pool of potential buyers. Many buyers do not have the funds to pay the commission and may not be able to buy your home without the … (5 comments)
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home selling: Why an “AS IS” Listing Shouldn’t Scare You Off as a Home Buyer
- 08/14/24 05:46 AM
Why an “AS IS” Listing Shouldn’t Scare You Off as a Home Buyer
Seeing “AS IS” in a listing can make some buyers nervous, but it doesn’t have to be a deal-breaker. In fact, with the right approach, an “AS IS” home could still be a great investment.
Understanding “AS IS” Listings
When a home is listed “AS IS,” it often means the seller doesn’t want to be bogged down with minor repairs. However, it doesn’t strip you of your rights as a buyer. You can still conduct inspections and request repairs for major issues.
In many cases, sellers are willing to address big-ticket items … (2 comments)
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home selling: Why You Should Always Ask Your Realtor for a Net Sheet
- 08/12/24 04:27 AM
Why You Should Always Ask Your Realtor for a Net Sheet
Planning to sell your home? Before you get too far into the process, there’s one crucial document you need to request from your realtor: the net sheet. Here’s why this seemingly simple sheet can make a world of difference in your real estate transaction.
When selling a home, it’s easy to get caught up in the excitement of listing, staging, and negotiating offers. However, one vital aspect that often gets overlooked is understanding the financial breakdown of the sale. This is where a net sheet comes into play.
A net sheet is a … (5 comments)
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home selling: Would you choose a fixer-upper with lots of potentials or a move-in ready home?
- 08/07/24 06:14 AM
Fixer-Upper vs. Move-In Ready: Would you choose a fixer-upper with lots of potentials or a move-in ready home?
Fixer-Upper:
Pros: Lower purchase price, customization potential, investment opportunity.
Cons: High renovation costs, time-consuming, unexpected issues.
Move-In Ready:
Pros: Immediate occupancy, less stress, predictable costs.
Cons: Higher purchase price, less opportunity to personalize, potentially paying for upgrades you don’t need.
#bhhs #fixerupper #moveinready #dreamhome #house #home #homebuying #homeselling #bestrealtor #realestate
… (3 comments)
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home selling: Will Sellers Know the Buyer’s Appraisal Value?
- 08/06/24 04:59 AM
Will Sellers Know the Buyer’s Appraisal Value? What You Need to Know
In the world of real estate, the appraisal process can be a mystery for many sellers. One common question that arises is: Will the sellers know what the buyer’s appraisal came in as?
Unveiling the Appraisal Process
The appraisal is a critical step in the home buying process, determining the property’s fair market value. This valuation can significantly impact the transaction, especially if it comes in lower than the agreed-upon purchase price.
Will Buyers Disclose the Appraisal Value?
Buyers are not obligated to disclose the appraisal value to the sellers. However, if the appraisal … (5 comments)
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Can you take light fixtures and curtain rods with you when selling a home?
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