Are you thinking about selling your home, but waiting for prices to rebound? You might be making a mistake. There are plenty of reasons you might want to hold onto your home for a while longer, but for most of us, market conditions aren’t usually one of them. The logic usually sounds something like this. […]
Category Archives: For Sellers
Preparing Your Home for Showings
Homes sell more quickly & at higher prices when they show their best! It’s important that your home shows well and while it can’t always be “showroom” perfect. After all, you and your family must live there, it’s important that sellers be prepared for short notice showing requests. (while agents will try to provide 24 […]
Selling a Vacant Home
Great job opportunities, moving for school, finally finding the perfect property elsewhere … there are lots of reasons why homeowners move and leave behind a home to sell, whether planned or unplanned. If this is you, take heart. You won’t be bothered by last-minute showings, keeping the house immaculate all the time and dealing with […]
Should You Update Before You Sell?
Thinking of selling your home and know your carpet, appliances, counter tops, etc. could benefit from updating and wondering if it’s best to do it now or to give an allowance on the selling price for these upgrades? This is an age-old question faced by sellers: update or credit? There are dozens of ways to weigh the pros and cons of […]
How Accurate are Zillow Zestimates?
Click here or image above to play video https://youtu.be/siTPLLX9wPc Since its launch in 2006, Zillow has taken heat over its Zestimates. Many homeowners have complained that the company’s automated home valuations don’t accurately reflect the true value of their homes. A formal complaint was also filed with the Federal Trade Commission alleging Zillow is misleading […]
How to Fight and Avoid a Low Appraisal
Thinking of buying or selling a home? Even when both sides agree on a price, the deal could fall apart thanks to an under-appraisal. Short appraisals typically arise in a declining housing market because the lack of recent comparable area homes sales, or “comps,” making it difficult for appraisers to determine the current market value […]
Who Pays Back Property Taxes on a Short Sale?
In terms of the back property taxes owed on a home that is sold through a short sale, the bank will typically cover this expense and seller’s should be free and clear of this liability going forward. In most states governmental property taxes convert into a lien on a property as soon as they are […]
Buying a Home “As-Is” What’s it Mean?
Q: From what I have read, Sold “As Is” can cover anything from minor defects/repairs that the seller is unable/unwilling to do or can be major problems. What can a prospective buyer do to protect themselves? A: Here’s the deal: An “as-is” sale really does only this: It informs the buyer that the seller has […]
Best Time to Make a Price Reduction
There was a time when a price reduction tainted a listing. That was several years ago when listings in many areas sold quickly. At that time, it was assumed that something was wrong with a listing if it needed a price reduction. In today’s market, price reductions are common. Sometimes, sellers aren’t content with listing […]
Condos Face FHA Deadlines
An estimated 2,200 condominium projects nationwide last week lost their eligibility for Federal Housing Administration-guaranteed sales and refinancing. Unless condo officials take action, another 23,000 residential condos with housing units numbering in the tens of thousands will lose their eligibility by spring. That means that buyers of units in these buildings won™t be eligible for […]