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real estate listings: Getting Ready to Sell Part I
- 05/01/07 01:34 PM
We all know that when you buy a home, you generally make one of the largest purchases you have ever made. The flip side of that coin is that when you sell your home, you are selling the largest asset you possess, and you need to maximize the return on that sale. Therefore, when preparing to sell your home, it becomes necessary to look at your home as a product to prepare for sale. You need to divorce yourself from the home emotionally and objectively analyze its advantages and disadvantages.
Your real estate agent is trained to make suggestions to help you … (0 comments)
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real estate listings: VACATION HOMES
- 04/22/07 09:12 PM
Whether it's a lakefront cottage or a log cabin in the woods, a vacation home often seems to be a dream that only the wealthy can afford. But these days, you don't have to be a millionaire to own one.
A nationwide survey shows the median household income of second-home owners is $46,500. And, according to recent statistics, there were 7.2 million U.S. households in 1990 that owned some kind of recreational property or second home for vacation purposes. That number is expected to at least double and possibly triple over the next 10 years. With today's continued low interest rates, … (0 comments)
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real estate listings: SPOTTING A GOOD BUY
- 04/22/07 09:08 PM
Beauty is in the eye of the beholder, particularly when it comes to buying a home. Features that attract one home-buyer may repel another.
However, the one feature of interest to every home-buyer is price. Getting the most home for your money is paramount. The real problem is figuring out whether that fixer-upper on one street is a better buy than the home in next-to-new condition two blocks away. That's why knowing what to look for before you buy can save you time, energy and money down the line.
The first step is figuring out what kind of house you need. … (0 comments)
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real estate listings: TIMING IS EVERYTHING
- 04/22/07 09:07 PM
The old adage that "timing is everything" especially applies to buying a new home. And trying to be at the right house at the right time and get it for the right price can be tricky. Here are some guidelines to assist you:
•· Turn to the real estate section of your Sunday newspaper. Monitor the market and tract home prices. Expect to spend 90 days watching the real estate market through advertisements. Question and investigate homes that are advertised month after month. Hard-to-sell properties could either be a warning sign or simply overpriced for the value.
•· When a real estate agent … (0 comments)
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real estate listings: HOW TO DETERMINE THE PRICE OF YOUR HOME
- 04/22/07 09:02 PM
Why is it that some homes sit on the market for a year while others sell like hot cakes? Frustrated sellers will blame a bad market, while a good real estate professional will tell you that many times, a slow sale is often attributed to the listing price.
If a home is overpriced, buyers will stay away. But, if the price is competitive with similar homes in the area and "shows" better than the competition, it will have a better chance of being sold quickly.
The secret is perfecting a technique that's as American as apple pie: comparative shopping.
Although comparing … (1 comments)
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real estate listings: UNDERSTANDING REAL ESTATE TERMINOLOGY
- 04/22/07 09:00 PM
Purchasing a home can be a complicated and confusing process, especially for first-time buyers. Throughout the process, first-time home buyers will encounter a variety of unfamiliar real state terms. There are several key terms associates with purchasing real estate that are helpful to learn.
For example, many buyers confuse the terms broker and salesperson. A broker is a properly licensed individual, or corporation, who serves as a special agent in the purchase and sale of real estate, a salesperson is an individual employed or associated by written agreement by the broker as an independent contractor. The salesperson facilitates the purchase or … (0 comments)
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real estate listings: HOW TO GIVE YOUR HOME A FACE-LIFT:THE SELLERS' GUIDE TO A QUICK SELL
- 04/22/07 08:59 PM
One of the great challenges to selling a home can be showing all of its space, decor and natural light potential. For example, every home has crowded closets and dead space. Sellers should be aware that areas such as these are easy to spruce-up with a little elbow grease and old-fashioned innovation.
Begin by evaluating your closet/storage space, determine which areas can cut-down in clutter. Go through old clothes, shoes, etc., and get rid of anything that will not be used and in turn create more space. Consider organizing shelves and other areas to make better use of your storage space, … (0 comments)
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real estate listings: The Role of the Grievance Committee and Professional Standards
- 04/22/07 08:40 PM
When something goes wrong in a real estate transaction, it is natural for the parties involved to look for someone to blame. Sometimes problems are caused by situations , but sometimes they are caused by the people that are involved. If the transaction was made without a real estate broker, the buyer and seller have only themselves to blame. If the transaction does involve a real estate broker, they have a handy party around to place the blame on, deserving or not.
In some instances the appropriate action is to consult with an attorney or make a complaint to the State real … (0 comments)
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real estate listings: NEGOTIATING WITH YOUR BUYER
- 04/22/07 08:23 PM
A lot of articles are written which advise the buyer how to make an offer to a seller when they want to buy a house. Very little is written about what the seller should do when they receive an offer, and want to give the offer their best consideration.
When a seller is informed that there is an offer on their property, they immediately ask ,"What's the price?", as if that is the only important consideration. In fact, an acceptable price that is packaged with unacceptable terms is as unpalatable to the seller as an offer with good terms and a low … (0 comments)
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real estate listings: GETTING YOUR PROPERTY READY TO SELL
- 04/22/07 08:18 PM
We all know that when you buy a home, you generally make one of the largest purchases you have ever made. The flip side of that coin is that when you sell your home, you are selling the largest asset you possess, and you need to maximize the return on that sale. Therefore, when preparing to sell your home, it becomes necessary to look at your home as a product to prepare for sale. You need to divorce yourself from the home emotionally and objectively analyze its advantages and disadvantages.
Your real estate agent is trained to make suggestions to help you … (0 comments)
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real estate listings: CHECKING OUT NEW TENANTS
- 04/22/07 01:29 PM
A lot of landlords are anxious to rent their properties, especially if they only have one or two rental units. If a tenant approaches them that speaks well, appears clean and polite, and seems to be "a nice guy" they will sometimes forget to be prudent business people. And that is when they really get into trouble.
In the current economy, homeowners are not the only ones who feel the pinch. Many renters become bad pay when they have always had good records before. While there are no magic formulas to insure good tenants, there are some practical guidelines to … (0 comments)
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real estate listings: Picking Your Home: What's Right For You?
- 04/22/07 01:25 PM
It's every homebuyer's nightmare. You pick out the house, close the deal, and move in. Within three weeks, you know that you've made a big mistake. This house isn't what you wanted at all.
You can easily avoid this sad scenario by planning ahead. Know what you want in a home, what's important to you, and what you can live without--whether it's the first time you're buying a house or the tenth time.
Houses aren't just buildings; they're machines for living. Where and what you buy will affect your life for as long as you own the house. So it's important to get … (0 comments)
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We all know that when you buy a home, you generally make one of the largest purchases you have ever made. The flip side of that coin is that when you sell your home, you are selling the largest asset you possess, and you need to maximize the return on that sale. Therefore, when preparing to sell your home, it becomes necessary to look at your home as a product to prepare for sale. You need to divorce yourself from the home emotionally and objectively analyze its advantages and disadvantages.
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