tallahassee real estate: 3 Easy Steps To Sell Your Home
- 01/31/19 06:41 AM
The process of selling a home can be overwhelming at first. There are numerous components to think about - how to pack everything in boxes while you're still living in the house, what time of year to sell, what to do about showings when you have young children (or pets) at home. The list just keeps going.
Fortunately, I've boiled it down to the three most important steps on which you should focus. While I cannot promise the process will be completely smooth, I am sure that if you follow these instructions, you'll get your home sold quickly and for top dollar.
1. … (4 comments)
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tallahassee real estate: Lower Your Property Taxes In 10 Minutes
- 01/23/19 12:29 PM
When it comes to taxes, everyone enjoys saving money. However, did you know that you might be paying more than you should on your property taxes? If you bought a home and didn’t file for the homestead tax exemption, then you are paying extra on your taxes. Below, I’ve explained all the steps to apply for this exemption. Just be sure to submit the application prior to the deadline of March 1st.
What Is The Homestead Tax Exemption
The homestead exemption allows for the County to exempt a part of your home’s value when determining the taxable assessed value. Anyone who owns … (3 comments)
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tallahassee real estate: The 3 Reasons You Will Want A Buyer’s Agent When Purchasing A Home
- 01/15/19 10:58 AM
Nearly all homebuyers want to save the most money possible when they purchase a house. One way they often try to do this is by not hiring a real estate agent. Since home sellers pay commission to both their listing agent and the buyer’s agent, some homebuyers prefer to work directly with the listing agent in order to try and put the buyer agent’s commission back in their pocket.
While this tactic seems to make financial sense, it usually ends up costing the buyer a significant amount of money or hinders them from being able to buy the house they love. Below are … (37 comments)
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tallahassee real estate: What Is Your Home Worth Today?
- 01/09/19 11:47 AM
During my past thirty years in the field of real estate in Tallahassee, one question I’ve been asked often is “What is my home worth?”. The simple answer you should be aware of is that there is no set dollar amount that any single home is valued at. Every house is different and will be valued differently by various buyers. Instead, you should consider a range of values for your home. Below, I’ve outlined several variables to think about when determining today’s value range for your home.
Square Footage And Online Valuation Tools
Utilizing price per square foot is OK for making general … (2 comments)
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tallahassee real estate: Rising Interest Rates Impact The Tallahassee Housing Market
- 01/03/19 01:20 PM
The Federal Reserve raised its benchmark interest rate by .25% at the end of December. It also advised that additional interest rate increases were planned for 2019 as they anticipate the economy to continue improving. As we start the new year, lots of people are wondering how the increased federal funds rate will affect the real estate market.
It should be noted that the Federal Reserve does not determine mortgage interest rates directly. Instead, they set the interest rate at which banks and other financial institutions lend money to each other to meet mandated reserve levels. This, in turn, typically has an … (0 comments)
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tallahassee real estate: 3 Tasks to Complete Before Selling Your Home
- 12/11/18 08:43 AM
You’re going to have to put in some work if you plan to sell your house fast and for top dollar. Selling a home takes more than just placing a sign in the front yard and waiting for a buyer to come along. Before you have a real estate agent actively market your home, there are three essential tasks related to home inspections and repairs to complete.
1. Order A Home Inspection.
Since it can be expected that almost any potential homebuyer will have your home inspected before buying it, why not order the inspection yourself? You will be required to pay … (6 comments)
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tallahassee real estate: The Internet Has Greatly Improved Buying And Selling Homes
- 12/05/18 12:17 PM
The real estate industry has seen big changes over the years, but the Internet has been the biggest development. The development of the Internet has helped buyers become more informed, real estate agents market homes digitally and homeowners sell their houses faster. In order to be a home buyer or home seller who comes out on top, you’ll need to know how to best use today’s technologies.
Changes for Home Buyers
Studies have shown that 94% of people looking for homes to buy are using the Internet during their home search. Through the use of advanced property search tools, buyers have easy access to … (6 comments)
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tallahassee real estate: Consider A Home's Resalability Before You Buy
- 11/28/18 09:08 AM
There are numerous elements involved in choosing a home to purchase, but there is one significant factor that is often overlooked by potential homebuyers. Although you may intend on living in your next house for a long time, you should always think about the resalability of a home.
Considering this factor can help homebuyers easily decide between two houses they love and promotes wise financial decisions. Often times, there are characteristics of a home that could discourage buyers, but aren’t regarded as an issue by all homebuyers.
For example, people who do not plan on having children, or whose children are grown, may … (3 comments)
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tallahassee real estate: Is It Possible to Flip A House in Today’s Market?
- 11/27/18 01:14 PM
It’s a seller’s market, home values are going up and there is a shortage of housing in Tallahassee. It may appear as though the days of house flipping in our area are long gone, but don’t give up yet. Admittedly, it is more complicated to flip a house in some segments of our market, but below are 4 simple tips that will put you in a position to buy and flip when the next chance comes around.
1. Know when to act fast
In a seller’s market like our current one, you have to be willing to offer on a house the moment … (0 comments)
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tallahassee real estate: When is ‘Black Friday’ in Real Estate?
- 11/19/18 09:11 AM
Everybody likes getting a good deal. After we spend time celebrating being thankful this week, millions of Americans will rush to retail stores and buy some of the most popular products at discounted prices. It’s pretty much impossible to not be aware of this big event, but have you ever wondered when Black Friday happens in the real estate market?
While the housing market may not have an official Black Friday sale, there are three significant variables that can indicate when it’s the best time to buy. This can differ among individual homebuyers, so it’s important to be aware of when all … (4 comments)
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tallahassee real estate: It’s a seller’s market, so why isn’t your home selling?
- 11/07/18 10:35 AM
Over the last couple months we have seen a slight decrease in home sales, which appears to be related to rising mortgage interest rates. However, the real estate market in Tallahassee is still in a very strong seller’s market. Home sales through October have increased more than 2% in relation to sales through October last year, and housing inventory is still very low.
Therefore, home sellers are currently enjoying a sellers market and should be able to sell their homes fast and for top dollar. There are three issues you’ll want to consider if you are faced with a home that is … (4 comments)
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tallahassee real estate: Spruce it or Sell it: Handling Your Home over the Holidays
- 10/31/18 01:34 PM
It’s hard to believe that October is over and the holidays are just around the corner. It’s a time of the year when families spend time with one another and there’s lots of good food to go around. However, there’s probably one big task you are not looking forward to this holiday season: preparing your home for guests.
Fortunately, getting ready for a houseful of guests is quite similar to getting prepared to market your home for sale. Just use some of our pre-marketing preparation tips to make sure your house is ready for all the friends and family you’ll have walking … (2 comments)
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tallahassee real estate: How To Avoid Significant Expenses AFTER Selling A Home
- 10/23/18 02:07 PM
Florida law requires home sellers to disclose all known defects that could adversely affect the value of a house to a potential buyer. This is usually achieved through the Seller’s Property Disclosure form which is given to the buyer when they are thinking about making an offer. When handled correctly, this statement creates a smooth real estate transaction for both the seller and buyer. However, it also has the potential to kill a deal or worse, result in costly expenses or legal actions, particularly when sellers forget to do one very important task.
1. Keep it current.
This is the point at which … (23 comments)
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tallahassee real estate: The Art of Real Estate Negotiations
- 10/17/18 06:30 AM
For home sellers and buyers, the negotiation part of real estate transactions is where the most money is gained or lost, thus creating the need for adequate preparation. From desiring to know how many times a seller will counter offer (a buyer) to bringing up concerns about how to choose the initial asking price of a house, the home buying and selling process can be challenging. Fortunately, it is possible to start the process with a reasonable understanding about real estate transactions and the best way to navigate through them.
It all begins with knowing the specific market conditions for the home in question. … (2 comments)
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tallahassee real estate: How to Handle Hurricane Damage to Your Home
- 10/15/18 08:10 AM
If your house was damaged during Hurricane Michael, you might be wondering what steps to take next. Hurricane damages often result in the need for costly repairs, but using the five steps below will help to ensure the repair process is a little bit easier.
1. Take photos of the damage as soon as it is safe to do so. Take pictures from multiple angles and viewpoints in order to thoroughly document the damage. Take the photographs before cleaning up or making any emergency repairs. This will help to provide proof for the insurance claim and prevent contractors or claims adjusters from … (6 comments)
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tallahassee real estate: Are You Waiting Until After The Holidays To Sell Your Home?
- 10/02/18 12:29 PM
Year after year, in mid-October, I hear the same statement from individuals planning to sell their houses; “I’m going to wait until after the holidays to list my home for sale.” It’s understandable reasoning. After all, nobody wants strangers pouring through their home when they are trying to have fun with their family and enjoy year-end festivities.
Plus, you’ve probably heard that the lowest number of houses sell around this time of year. That is typically a pretty accurate statistic, mostly because everyone is waiting ‘until after the holidays’ to sell their homes. So, that results in more competition for anyone attempting … (0 comments)
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tallahassee real estate: The Real Way to Determine Your Home’s Value (Hint: It’s Not on Zillow)
- 09/26/18 07:35 AM
You are probably know that that Tallahassee’s real estate market is doing well at the moment, but are you aware of the value of your home in today’s market? When asked, clients often say something like “Well, the Zestimate of my home is…”.
The price they list is occasionally close to the actual value of their house, but other times it’s far from correct. In fact, when the CEO of Zillow sold his own home a while ago, he sold it for 40% less than what Zillow said the home was valued at. Perhaps he’s just a generous man ...
Zillow’s Zestimate, along … (24 comments)
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tallahassee real estate: Who Goes House Hunting in the Rain?
- 09/20/18 05:49 AM
The rainy weather seems to have no end, but there is a relevant home buying lesson that you should be aware of. Homebuyers often cancel appointments on rainy days. This is a huge mistake.
Poor weather makes for an opportune time to look at potential houses, as the rain can reveal important issues with a property or the neighborhood as a whole. Some places in Tallahassee are prone to flash flooding (or at least water build-up), and some properties and low lying areas experience worse conditions than others. The next time you find yourself ready to go looking at houses and the … (5 comments)
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tallahassee real estate: 3 Tips to Sell Your Home for Top Dollar
- 09/05/18 08:12 AM
Whether you are an experienced home seller, or it’s your first time selling a home, there are three factors you should consider in today’s real estate market to ensure you get the most money for your house and have the best home selling experience possible. I’ve outline the three elements below to remember before placing your home on the market.
1. Motivation to sell
First, take a minute to consider why you want to sell your home. Did you get offered a promotion and need to relocate out of town? Do you need more space for a growing family? Being aware of your … (2 comments)
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tallahassee real estate: Homebuyer Beware: Don’t Make These 4 Costly Mistakes
- 08/29/18 07:25 AM
With almost 30 years of experience in the real estate industry, I have gained a lot of wisdom from the experiences of both buyers and sellers. Below, I’ve outlined four common mistakes that I have seen repeated by many homebuyers throughout the years and tips on how to avoid making them.
1. Failing to consider your current budget
One of the first things people should do when they are thinking about buying a home is meet with a real estate agent with expertise in working with buyers. They will assist you in assessing market conditions, prioritizing your wants and needs, identifying your most … (28 comments)
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The process of selling a home can be overwhelming at first. There are numerous components to think about - how to pack everything in boxes while you're still living in the house, what time of year to sell, what to do about showings when you have young children (or pets) at home. The list just keeps going.
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