home sellers: Buying and Selling at the Same Time - 04/14/21 06:28 AM
Let’s face it, selling and buying a house at the same time can be very overwhelming and usually involves some element of risk. However, it is pretty common for people to have to buy and sell at the same time. Per the National Association of Realtors, 71% of repeat home buyers still owned their previous residences, which means it’s highly likely that most of them were both buyers and sellers.
If you are lucky enough to time it right, you may hit that perfect “sweet spot” where you sell your house, make a profit that can be used for a down payment, and then … (2 comments)

home sellers: Types of Mortgage Loans for Buyers and Sellers - 03/17/21 11:09 AM
There was a time when there were three mortgage loan types available to home buyers. You could get a Fixed-Rate Conventional Mortgage, an FHA Loan or a VA Loan. But times, they are a changing.  Now there is a vast array of mortgage loan types to be had!  Let’s learn about some of them, and the differences between them.
We will start with the Most Popular:
FIXED-RATE MORTGAGES - These loans come in 5-year, 10-year, 15-year, 20-year, 30-year, 40-year, and even 50-year timeframes and they are all completely amortized.
FHA LOANS - FHA Mortgage Loan types are insured by the government through mortgage insurance that is funded into the loan. This is … (3 comments)

home sellers: Is it a Good Time to Sell Your House? - 03/10/21 09:33 AM
Under normal circumstances, spring is the busiest season for residential real estate with many people choosing to list their houses.  Spring of last year was far from “normal” and we’re not quite there this year either. We do know more people are looking to buy homes right now than there are homes available for sale; making this spring a prime time to put your house on the market.
Let’s look at what it means for you if you are thinking about selling your house.Housing inventory declined 39.6% on a national level in 2020, making it the lowest housing inventory year on record, … (0 comments)

home sellers: Why Home Prices Are Not Falling - 02/24/21 05:22 AM
The global pandemic set the world into a tailspin, and one result was that the US economy suffered its largest blow since the Great Depression in the second quarter.  It has been about a year since the housing market was on hold for a few months due to the pandemic last spring, and back then it appeared that the real estate market would go into a steep decline because of widespread stay-home orders. But that has not been the case. Instead, the US housing market has been kept afloat by homebuyers. It turns out that residential real estate has been very resilient. In … (3 comments)

home sellers: 4 Reasons To Sell Your Home Now and Not Wait Until Spring - 01/20/21 09:03 AM
The general rule of thumb is spring is the best time to sell your home. Most Realtors experience a “spring rush”, but there are many reasons to consider selling your home during the winter months rather than wait until spring.
1. Less Competition
As you are driving around town, you probably don’t see many ‘For Sale’ signs. Typically in the winter, there are frewe homes for sale, which means less competition. Real estate is affected by supply and demand. The fewer homes there are for sale, the better chance you have of securing a buyer and the more negotiating power you have as a seller.
2. Historically Low Mortgage Rates
Mortgage rates continue to … (0 comments)

home sellers: Showing Your Home During the Covid-19 Pandemic - 01/20/21 09:01 AM
Experts predict we will be in the middle of the Covid-19 pandemic for at least another 6 to 9 months if not longer. You may think the real estate market has tanked due to the pandemic but this is not the case. Interest rates remain low and are enticing buyers to take advantage of lower mortgage payments. The pandemic is changing the way real estate is being sold and making showing your home a bit more challenging. But with creativity and preparation, showing your home can be done safely. The following guidelines will help keeping you, your family, your Realtor, and … (1 comments)

home sellers: How to Stage Your Home When You Have Young Children - 12/16/20 05:38 AM
You have placed your house on the market and now it’s time for potential buyers to come and look at it. Keeping it clean, tidy and ready to show can be challenging in the best of circumstances, but even more so when you have young children.  Here are a few staging tips for keeping your house ready for last minute showings while making it attractive to buyers at the same time:
Remove excess toys and clutter. Cumbersome toys like play kitchens and picnic tables take up a lot of space and can made a room look crowded and smaller than it … (1 comments)

home sellers: Negotiating for the Best Deal When Buying or Selling a House - 10/14/20 08:12 AM
Negotiation is important in the world of real estate because the truth of the matter is, if you do not ask…you do not get. While sellers want the highest price and buyers want a bargain, they must meet somewhere in the middle for the deal to close. Negotiating is a vital part of selling or buying a home because it is the largest asset people own and there is a lot of money at stake. Here are some guidelines for what sellers and buyers might ask for in real estate negotiations:
PriceNegotiating the best price means different things for sellers and buyers.  … (0 comments)

home sellers: Home Pricing Myths That Can Hurt Your Sale - 09/16/20 06:37 AM
​When you are putting your home on the market to sell, your top priority may be money. As in, how much money can you get for your house? And it should be. Owning a home is likely the largest financial investment you will ever make and it is only natural that you want to get the most profit possible when you sell.  Setting the right asking price can mean the difference between selling quickly or having your home languish on the market for months. The following myths can be harmful when trying to decide on the best price to ask for … (1 comments)

home sellers: Should You Sell Your Home or Rent it Out? - 07/21/20 02:33 PM
Whether moving for a job or just relocating for personal reasons, you still must decide what to do with your current home.  Should you rent it out?  Or sell it?  There are many circumstances to consider before making that decision.  How long do you have before you move?  What is the housing market doing in your area?  And do you have someone you can trust to manage your property? Rental Income: The Pros and Cons of Leasing Your Property
Of course, the biggest motivator in your decision is which option will be most financially profitable.   If you have a lot of equity in … (1 comments)

home sellers: Tips for Selling a Home to Millennials - 05/12/20 02:10 PM
Millennials (or Generation Y) have emerged as a preeminent force in the housing market.  Per the National Association of Realtors’, “older millennials, buyers aged 30 to 39 years, made up the largest share of home buyers by generation at 25 percent of all home buyers in 2019.” In fact, this group, born between 1980 and 1989 comprised the largest share of buyers for the seventh consecutive year. Older Millennials: Forming Families, Establishing Homes
That being said, when selling your home, it would be wise to think about the wants and needs of millennials as potential buyers.  Here are 10 must-haves for selling a home … (0 comments)

home sellers: Moving in the Midst of the COVID-19 Pandemic - 04/08/20 08:17 AM
Life seems to be on hold right now due to the novel coronavirus (COVID-19), but that doesn’t mean that everything just stops.  While social distancing is vital to our health and well-being, moving to a new home is something that might not be able to wait.  Whether you are relocating for a job, or it was a planned move prior to the start of social distancing, you need to know how to go about moving during a pandemic. Here is a list of tips to help you with your move. Remember that moving can already be stressful under normal circumstances, so … (0 comments)

home sellers: What You Need to Know About Home Appraisals - 03/04/20 06:50 AM
Whether you are buying, selling, or refinancing a home and a mortgage is involved, a home appraisal is going to be an important aspect of the process.  Therefore, it’s crucial that you understand how the appraisal process works and how an appraiser determines a home’s value.
A home appraisal is an unbiased, professional opinion of a home’s value.  Conducted by a licensed home appraiser with the knowledge and experience to determine the fair current value of the home, it takes place in almost every home purchase/sale transaction and is commonly used in refinance situations as well. Within a purchase/sale transaction, it is … (1 comments)

home sellers: Avoid These Home Selling Risks - 02/26/20 05:46 AM
Once you have decided to sell your house, there are a lot of steps to take to get it ready and listed on the market.  The goal should be to get the best possible price for your home with the least amount of stress and disruption.  Manage possible financial dangers by avoiding these home selling risks:
Selling your current home before closing on a new one.  This is a risk many people take because they need the money from the sale to make the down payment on the new home. But it can be a big mistake. It could mean that … (2 comments)

home sellers: A Time to Sell - 01/08/20 10:39 AM
Selling your home is a huge decision and one that should not be made impulsively.  If you are thinking about selling, but you’re not sure if you should, here are some signs to look for that will indicate that now is a good time to sell:
Space is an issue.  Has your family grown since you bought your current home?  Do you have multiple people sharing bedrooms and bathrooms?  If your house is bursting at the seams, it might be time to let it go and find something a little bigger.  Alternatively, perhaps you have too much space.  If you bought … (1 comments)

home sellers: Tips for Selling Your House During the Winter Season - 12/09/19 01:54 PM
Selling a home during the winter months presents challenges that you don’t have other times of the year. But they are easy to overcome.  Here are some tips to help you sell your house this winter:
Light it Up You want your home to feel light and bright when potential buyers are checking it out.  Pull up the blinds, open the shutters and pull back the curtains at every window.  Turn on all the lights in the house, including the ones in bathrooms and closets.  If you have dark areas in rooms, consider placing spotlights behind furniture to brighten them up.
Warm … (1 comments)

home sellers: These Pointers Will Help You Sell Your House in Autumn - 11/12/19 12:14 PM
We are in the thick of Autumn, and you may think that you should wait until next spring or summer to sell your house.  While it is true that the warmer months are popular for home sales, that doesn’t mean autumn is a bad time to sell.  Some buyers, such as empty nesters and millennials, prefer shopping for a home when there is less competition from people trying to move before the beginning of the school year.  So, if you would like to sell your house before winter, here are some pointers for making it attractive to buyers during autumn:
Keep … (0 comments)

home sellers: Using the Psychology of Color to Help You Sell Your Home - 11/06/19 07:47 AM
Selling a home can be stressful, especially if you need to update it to sell.  But there is a way you can give your home a new look that will attract buyers without breaking the bank.  All it takes is a few cans of the right colors of paint!  By using Color Psychology you can quietly influence potential buyers’ emotions.  Think about how different colors make you feel. Using the right color combinations can make all the difference in how a room feels. For some buyers, a blank canvas is attractive.  By painting rooms neutral colors like cream or beige, people can envision … (0 comments)

home sellers: Seller’s Checklist for Home Inspections - 09/25/19 09:26 AM
It’s very exciting when you accept an offer on your home and you are ready to sell. But that excitement can go away quickly if the buyer’s home inspection doesn’t go well.  Smart homebuyers will never make a purchase without having a property professionally inspected first, so you can pretty much count on that happening.  So, it’s important for you, as the seller, to be prepared for the home inspection.  By identifying potential problems beforehand, you can make the repairs needed to avoid unpleasant surprises during the inspection. Find Out What Home Inspectors Look For
Use this checklist to help you prepare for … (0 comments)

home sellers: Thinking of Selling Your House? You Don’t Have to Wait! - 08/21/19 07:45 AM
With autumn fast approaching, you may think that you should wait until next spring or summer to sell your house.  While it is true that the warmer months are popular for home sales, that doesn’t mean autumn is a bad time to sell.  Some buyers, such as empty nesters and millennials, prefer shopping for a home when there is less competition from people trying to move before the beginning of the school year.  So, if you would like to sell your house before winter, here are some tips for making it attractive to buyers during autumn:
Keep the exterior of your … (1 comments)

 
Sandra Nickel, The Hat Team (Sandra Nickel REALTORS)

Sandra Nickel

The Hat Team

Montgomery, AL

More about me…

Sandra Nickel REALTORS

Address: 1067 Woodley Road, Suite 1, Montgomery, AL, 36106

Office: (334) 834-1500

Fax: (334) 269-4083

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