Selling your home can be a daunting task, as there are numerous factors that you should take into account when embarking on the home selling process. Here are few tips to follow to ensure that the home sale runs smoothly.
1. Depersonalize Your Property To Sell Your House. If you have ever visited a show house, you will certainly know that the property is immaculate and, sometimes, sparsely, furnished because real estate agents encourage home sellers to depersonalize their real homes. As a matter of fact, this is a good strategy to employ if you are considering selling your home because it allows prospective home buyers to view your home as their potential property. But when a buyer sees your family pictures hanging on the wall, or any other personal items, it could destroy their illusions about living in the house themselves, and eliminate your chance to sell your property. Thus, it prevent deterring home buyers from purchasing your home, so put away family pictures, collectible items, sports trophies, souvenirs and knick-knacks. You can actually pack these items into boxes or rent a storage room to keep them until your property is sold.
2. Repair Interiors and Exteriors to Sell Your Home. When viewing a property, prospective buyers will often switch on light switches, open cupboards or examine taps and fittings. It’s for this reason that it’s imperative to ensure that everything in your home is working orderly and is aesthetically pleasing. So all your sink fixtures, say for example, should look shiny and new. But if this could not be accomplished by cleaning, purchase new ones. Make sure all the hot and cold water knobs are easy to turn and that the taps don’t leak. But if they do, you should hire a plumber to help you with replacing the washers. Continue reading →
Since launching the Home Buying Institute website back in 2005, I’ve received quite a few home-buying questions by email. As you might imagine, many of these questions came from first-time home buyers who are new to the process of buying a home.
I thought it would be beneficial to home buyers everywhere if I selected five of the most common home-buying questions I receive, and explored them in an article such as this. I’ve also listed the corresponding areas of HomeBuyingInstitute.com that cover these topics in more detail.
So here we go with five common questions when buying a home:
1. How do I find out my price range?
Determining a price range should be one of your first steps when buying a home. When you know how much you can comfortably afford each month, you’ll save time during the house hunting process by only visiting properties within your price range.
To determine your price range, sit down and compare your monthly income to your monthly expenses (savings, credit card payments, car payment, quality of life, etc.). How much is left? Your monthly mortgage should be less than this amount. Now you can use an online mortgage calculator to break each sale price down to a monthly amount, and determine if that amount is inside or outside your comfort zone. Continue reading →
Even in the best of circumstances, home buying or selling is stressful, and some of the biggest potential deal-breakers lurk in the time right before the sale closes. Home buying stress can be easily avoided, however, with the following five home buying tips.
Home Buying Tip #1 – Home Inspection Results
Todays home purchase contracts typically include a home inspection contingency clause, which allows the buyers to choose and hire a home inspector to thoroughly evaluate the property. Once the contract has been signed, the home inspection usually happens quickly. Arriving with the buyer, the home inspector will go through the entire property for a thorough two- to three-hour evaluation of a homes structural and mechanical condition. Home inspectors may also do tests for, check for, wood-destroying insects or perform other services requested by the buyer.
Findings can range from minor issues calling for low-cost repairs to major toxic troubles like the presence of underground oil tank, mold, asbestos, termite infestations, rodent overruns, and lots of dangerous lead paint. Depending on the severity of the findings (which, by the way, are only reported to the hiring party), there is either a new round of home buying negotiation accommodating the price and execution of repairs, or an abrupt halt to the home buying proceedings due to costly and dangerous problems.
Here’s a home buying tip to help sellers avoid potential these hassles: before you list your home, have the home inspection done. That way, you’ll be fully acquainted with possible issues and have the opportunity to correct them or, Continue reading →
If you want to sell your home quickly and for the most money possible, you will need to take special measures. Here are 10 specific home selling tips that will help you sell your home faster while maximizing your profit potential:
Get a Good Agent
A good agent will be your most important asset when it comes time to sell your home. A competent agent will be able to bring in buyers and provide you with sound advice during the negotiating process. The best agents are experienced and familiar with your neighborhood.
Price to Sell
To sell your home quickly, you will need to make sure it is priced to sell. Find out what the average buyer pays in your neighborhood, get a professional home appraisal, and talk to your real estate agent to come up with a price that will attract buyers and still give you the profits you’re looking for.
Have Your Home Inspected
To eliminate the chances of unexpected surprises during the sale and unpleasant lawsuits after the sale, you may want to consider having your home inspected. Continue reading →
Home Buying 101 - Home Buying Guide Step-By-Step for first time buyers. First time buyers have tons of questions, one can understand being nervous of investing life time saving in home. All right, you have got nice idea of buying a home for yourself or for your family. How did you reach to this decision. Are you planning for a family, are you going to invest in real-estate or you buying under pressure from your peers. Because all of them have bought homes and you get pissed when you are asked repeated question in potluck parties, “when are you going to buy home”. The reason can be many, it can be right time to settle, favorable real-estate market, cash available, saving tax on high income, family status or not much difference in renting and owning (Depending upon city to city).
Whatever be the reason the home buying for first time buyers is a huge decision and they are confused and are looking for guidance and detailed information. The complete information and step by step details help first time home buyers. The gained information will help first time home buyers to understand the home buying process.
Check Your Credit Score and Financial Situation
The first thing before you start home buying process is to check your credit score. Your credit score will be major factor in getting a loan for house. In order to apply for a credit for house loan, first check your credit history and credit score. As of now with new legislation passed each consumer is entitled to get one free credit report from each three major credit score companies (Transunion, Equifax, Experian).
Under the federal law guidelines, Continue reading →