real estate: How to Get the Most Money When Selling Your Home
- 03/21/17 12:26 PM
Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In reality, this just dramatically lessens the demand for their house (see chart below). Instead of the seller trying to ‘win’ the negotiation with one buyer, they should (1 comments)
real estate: 4 Trending Features in Today's Modern Kitchen
- 02/21/17 12:25 PM
While a home's curb appeal may draw buyers in, its interior matters just as much, if not more. Several features are high on the wish list of today's homebuyer, including a modern kitchen. Whether you're thinking of starting a remodel or you're just curious about what the future holds, check out these trends that turn kitchens into buyer bait. Hidden appliances: Upgrading appliances is one of the quickest ways to add value to a kitchen. If you're looking to impress a buyer with deep pockets, look into hidden appliances. What's the appeal? Less obvious appliances keep the eye on the kitchen's overall (3 comments)
real estate: 5 Reasons to Sell Before the Selling Season Picks Up
- 02/16/17 11:29 AM
5 Reasons to Sell Before the Selling Season Picks Up A common thought in real estate is never list your home in the winter offseason. Perpetuated by industry experts, agents and repeat sellers alike, this saying encourages many would-be sellers to wait until the spring peak to list their homes. However, studies show that homes listed in the winter offseason not only sell faster than those in the spring, but sellers also net more above their asking price at this time.1 Don’t wait until spring to sell. If you’ve been thinking of selling your home, here are five compelling reasons to list (2 comments)
real estate: Have You Saved Enough for Closing Costs?
- 01/31/17 12:32 PM
There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little as 3% (or 0% with a VA loan). If you have saved up your down payment and are ready to start your home search, one other piece of the puzzle is to make sure that you have saved enough for your closing costs. Freddie Mac defines closing costs as: “Closing costs, (2 comments)
Renting a home is a good option for some, but buying a home just might be the best thing for you. When you rent a home, you send money to someone else every month in exchange for knowing that you can call on your landlord when the roof leaks, an appliance stops working or your bathroom faucet breaks. There are some big advantages to buying a house that will help you get out of your renting rut and focus more on your future. Build Equity Did you know that when you rent a home, you help someone else build equity? Any changes that (2 comments)
real estate: October 2015 Bay Area Home Sales Statistics
- 12/04/15 04:19 AM
California’s housing market softened in October as both statewide sales and median price contracted from the previous month and is still on target to meet forecast projections . Home sales exceeded the 400,000 level in October for the seventh consecutive month and posted higher on a year-to-year basis for the ninth straight month. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 403,510 units in October.
According to CA Association of Realtors, San Francisco Bay Area's median price of a single family homes was $790,580, increased 7.3% form last year. Sales in the Bay Area decreased (0 comments)
real estate: The Best Website for Homeowners, Buyers and Investors
- 06/09/15 06:07 AM
The Best Website for Homeowners, Buyers and Investors Drum Rolls.....I am so THRILLED to announce my new website: http://www.mysfba.com/ Me and my husband worked tirelessly (well, mostly my husband) to make this site the best resource for home owners, buyers and investors. I know there's even more work ahead maintaining the site and making sure it provides you with valuable and interesting information. But I am extremely satisfied and hope you will enjoy it too. Thank you, thank you, thank you, my husband Marcio Santos, for doing such a fantastic job. There are not enough dinners to pay you for the (0 comments)
The real estate market is HOT in San Francisco Right now and pretty much in all other cities in Bay Area. The inventory is very low, means that there are very few properties on the market. On the other hand, the interest rates are very low as well. This means, that the market became more affordable for buyers and there are a lot of them out there, looking for their dream home. Newly listed homes are being sold like hot cakes, in a matter of a few days. They often receive multiple offers, which is great news for sellers. Having multiple offers, on (8 comments)
real estate: The Zestimate Home Value Explained
- 02/20/15 04:44 AM
Somewhere at Zillow headquarters a famous "Zestmate" was created. It shows you a value of your home based on a formula derived from their Zillow data. What it doesn't show you, is how inaccurate their values are! In fact, almost 65% of their "estimates" for home values are more that 8% off! So if Zillow shows you that your home is worth $750,000, it can very well be worth anywhere between $690,000 and $810,000. The problem here is that Zestimate lacks the accuracy of an appraisal. The data they pull may very well be incorrect. County records can be outdated (11 comments)