After years in your current residence, you're ready for a change. As such, you've decided to add your home to the real estate market in the hopes of moving on to bigger and better things. Selling a home can be a daunting task, particularly for first-time sellers. Fortunately, we're here to help you maximize the value of your home and accelerate the home selling process. Here are three tips that will ensure you can become an informed first-time home seller: 1. Stay the Course. Although you may expect immediate interest in your residence, it may take some time for interest in your home to pick up. However, a patient, dedicated home seller knows how to stay the course and remain calm, cool and collected throughout the home selling process. For instance, a home seller may add his or her residence to the real estate market and continue to share the online home listing with friends, family members and colleagues. By doing so, this home seller may be able to stir up interest in his or her residence over an extended period of time. It also is important to remember that Rome wasn't built in a day, and much in the same vein, the first offer you receive on your residence might not be the best one. As a result, you should only accept an offer that makes you feel comfortable, i.e. an offer that meets your expectations. 2. Don't Sweat the Small Stuff. After you accept an offer from a homebuyer, the buyer likely will want to set up a home inspection. And if he or she encounters unforeseen problems with your home, problems could arise that may slow down the home selling process. If a homebuyer notices substantial issues with your home, he or she may rescind an offer or ask that these problems be resolved. Furthermore, home repairs can be costly, which means you may be forced to invest in expensive home improvements or risk missing out on an opportunity to sell your home. As a home seller, you may encounter obstacles as you attempt to sell your home. But when difficulties arise, try to focus on what's important Ė selling your home, maximizing its value and ensuring both you and the homebuyer are satisfied with the end results. A home seller who lets minor issues cause his or her blood pressure to rise may put a home sale in danger. Therefore, if you feel stressed, take a deep breath and try to work with a homebuyer to find a resolution that fits both sides. 3. Employ a Real Estate Agent. The home selling journey often is filled with twists and curves along the way. But with a real estate agent at your side, you'll be able to overcome any pitfalls immediately. Your real estate agent can promote and showcase your residence to prospective homebuyers. This professional also will provide expert tips, enabling you to streamline the process of selling your house. Remove the guesswork from the home selling journey Ė become an informed first-time home seller, and you can speed up the process of generating interest in your house.
f you are on the fence about buying a fixer-upper house, you may be wondering if itís as affordable as you think it might be. Depending upon what needs to be done in the house and how extensive the projects are, you may be in over your head buying this type of home. Hereís a few things that you should consider before you buy a fixer-upper:
If you watch any television remodeling show, you think that remodeling can be done in an hour. They make it look so easy! Too bad it isn't like that in real life. If you attempt a job, and it takes longer than it normally would, that can set you back on dollars. Even worse, if you canít complete the job yourself, you may need to hire someone to finish it, which will cause you to incur unexpected costs. Ask yourself the following questions before you decide to undertake your own home improvement projects in a fixer-upper home:
Before you even make an offer on a fixer-upper home, make sure that you find contractors and price out the repairs that the home will need. If you do decide to do the work yourself, make sure that you price out the supplies that youíll need. No matter what you decide to do for your repairs, you should add an additional 10-20% on to the estimated costs for other unforeseen problems.
Youíll need to check out the permit costs for any and all repairs. Doing work without a permit may save you money, but it could cause problems once you try to resell your home. Contractors can arrange the permits for you. Getting these permits can be a time consuming matter and frustrating at times, so be prepared to go through some paperwork when you start the repair process.
If the home needs major structural work, itís a good idea to hire a structural engineer for a few hundred dollars in order to inspect the home before you even put in an offer. This way, you can be confident that you have everything budgeted properly and understand the full extent of the problems.
Generally, itís not a great idea to purchase a home that needs major structural work unless you fall into the following categories:
Thereís a lot to consider when youíre buying a home that needs significant repairs. It can be a great bargain if you have the budget and the will to complete the projects at hand. Just know what youíre getting into when you buy a fixer-upper home!
You never know when a storm is going to hit and you could find yourself without power. It pays to be prepared for a power outage at all times. Here is a list of things you should keep accessible for use until you can get your power back up and running:
Whether you are a recent transplant to the area or have been a New Englander all of your life itís hard to resist the charm of the classic New England style. The crisp clean lines and simplicity make one feel instantly at home. Keep reading to discover how you can add a touch of New England charm to your home. Furniture. New England style still holds its roots from it's early settlers. Look for simple, rustic furniture. Ideally, it should be a handmade piece built for quality to last the tests of time. Speaking of time, no New England home is complete with at least one antique and preferably one handed down generation to generation. If you are not so fortunate to have an heirloom piece start hunting the antique fairs for one you love. Color. New England homes are deeply inspired by their natural surroundings. When choosing colors for your home think sky blues, sunny yellows, sea foam greens, sandy beige, pine greens and nautical navy. If you need some inspiration visit the cape or some nearby woods to gather your color inspiration. Visual Interest. New England style may be simple but itís not devoid of visual interest. If you donít have at least something covered in plaid you should consider a shopping trip in the near future. Whether itís a blanket, kitchen curtains or even some wallpaper, having plaid is practically a must. Braided rugs are another New England staple and not always one limited to floor coverings. You can also find braided table runners, placemats, coasters, chair pads, and potholders. Decorating. Books, books, and more books. A large home library is not hard to find in New England homes. Collect interesting titles and visually appealing book spines for a collection that makes a statement. Nature landscapes, seashells, lobsters, ducks, and shells are all common themes found within this homey decor style. Woven baskets and rustic pottery are also New England staples to be placed on shelves or hung from hooks. Shelving and hooks will be your best friend as New England style maintains itís clean simplicity by having a place for every item and keeping them off the floor. Features. A wood stove and/or fireplace are practically nonnegotiable. And while a stack of split wood nearby and fireplace tools are a practical necessity there also a form of decor. Invest in a visually appealing log rack and hearth toolset. White washed walls and wide wood plank floors, usually of pine, are another classic New England feature hearkening back to its first settler roots you will want to look for when home shopping or replicate in your redesign. If youíve been lusting after New England style homes gracing the pages of your favorite interior decorating magazine itís probably time to add some of that charm to your own home. Whether you just add a few touches by switching up your decorations or overhaul your house top to bottom you should have a better idea of how you too can have a cozy New England style home.
When selling your home, you want it to appeal to a wide variety of people, not showcase your personality or preferences. While you might love deep red walls in your dining room, it might be too bold for a potential buyer. Your goal is to sell your home and having the right buyer appeal is key. There are a few things to think of when staging your home. Paint color is a must unless you already use neutral colors in your home. When looking for paint colors think of beige, olives, yellows, tans and greys. Outdated wallpaper patterns are a big no-no. Not only will an outdated look not be appealing to a buyer but the thought of having to take it down after buying the home can be a negative to a buyer. Taking down the wallpaper, fixing any imperfections in the walls with spackle and sanding, and applying a new coat of paint will go a long way. Choosing a paint with a low sheen will help hide any imperfections that may still remain. De-cluttering your home will give it a clean, organized look that will appeal to a buyer. Minimal items should remain in your home and going through your space to take out anything you don't need and sending it to storage is ideal. Think about your furniture as well, since often too much furniture can cause spaces to look small. In addition, by pulling furniture away from the walls and placing them in conversational groups, you add space to a room. Having the right decorative items can help to create an inviting space. Rather than having items lined up, trying grouping different items together, like on the coffee table. Hang pictures and art work in groups as well, avoiding a traditional straight line on the wall. Make sure that you have things such as decorative towels and soaps in the bathroom to help set the scene. And adding the right lighting can help set a welcoming mood. Make sure you have a variety of lighting in each space, from table lamps, to accent lighting, and whole room lighting. Basically, when staging your home, you want to make it a place that someone would want to live. Little touches here and there can really make a difference. With a little investment you might just find you are getting the offers you were hoping for.