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Posted by Joyce Torelli on 5/9/2018

After you accept a buyer's offer to purchase your house, it may be only a few weeks until you finalize your home sale. However, problems may arise that slow down the home selling process. And if these problems linger, they may stop your home sale altogether.

As a home seller, it is important to do everything possible to ensure the home selling journey is quick and seamless. If you know what to expect after you accept a buyer's offer to purchase your residence, you can prepare accordingly.

Now, let's take a look at three tips to help you wrap up a home sale.

1. Negotiate with a Homebuyer As Necessary

Typically, a homebuyer will request a house inspection after his or her offer to purchase your residence is accepted. This appraisal will enable a buyer to identify any underlying problems with your home. It also may lead a buyer to request a price reduction or property repairs in order to finalize a home sale.

Although you may have allocated significant time and resources to upgrade your residence before you listed it, a home inspector still might identify assorted house issues. In this scenario, you should be ready to negotiate with a homebuyer to find a solution that satisfies the needs of all parties involved in a home transaction.

2. Remain Patient

Ultimately, the period between when you accept an offer to purchase your house and closing day may seem endless. At this time, try to remain patient and focus on the big picture, and you may be better equipped than ever before to limit problems that could slow down your house sale.

It generally is a good idea to be open to communication with a homebuyer as well. If you keep the lines of communication open with a buyer, both parties can work together to ensure a home sale goes according to plan.

3. Collaborate with a Real Estate Agent

For those who are stressed out about the home selling journey, there is no need to worry. In fact, if you work with a real estate agent, you can receive expert guidance at each stage of the home selling journey.

A real estate agent is committed to helping you achieve the best-possible results. He or she will collaborate with you throughout the home selling journey and help you identify and address any potential home selling hurdles.

Let's not forget about the assistance that a real estate agent provides after you accept a buyer's offer to purchase your home, either. At this point, a real estate agent will keep you up to date about a home inspection request and the final results of an inspection. Plus, as closing day approaches, a real estate agent will help you get ready for the big day.

Take the guesswork out of selling your house Ė use the aforementioned tips, and you should have no trouble wrapping up a home sale.




Categories: Uncategorized  


Posted by Joyce Torelli on 3/28/2018

Believe it or not, the costs associated with selling a house can add up quickly. If a home seller fails to budget accordingly, he or she risks costly, time-intensive home repairs following a property inspection. Perhaps worst of all, this scenario may force a home seller to miss out on an opportunity to get the best price for his or her residence.

With a home selling budget in place, you can increase the likelihood of a profitable home selling experience. If you know what it takes to set up a home selling budget, you may be better equipped than ever before to streamline the home selling process.

Now, let's take a look at three tips to help you establish a home selling budget.

1. Assess the Condition of Your House

Before you list your house, it helps to perform a comprehensive home assessment. That way, you can identify potential upgrades both inside and outside your house and evaluate the costs associated with these home improvements.

Typically, a home inspection enables you to learn about your house's strengths and weaknesses. This inspection requires a property expert to assess your house and may take several hours to complete. Then, once the inspection is finished, you'll receive an inspection report that you can use to determine which home improvement projects that you may need to complete sooner rather than later.

2. Establish Home Improvement Priorities

Although you might want to give your residence a complete overhaul, there may be only limited time and resources at your disposal. Thus, you'll want to establish home improvement priorities to ensure you can maximize your time and resources.

Think about which home improvement projects are necessary. These projects should rank at the top of your list of home improvement priorities, as failure to complete them may prevent you from optimizing the value of your house.

As you establish home improvement priorities, don't forget to assess the costs associated with various home upgrades. This will help you achieve the best-possible home improvement results without spending beyond your means.

3. Consult with a Real Estate Agent

A real estate agent understands exactly what it takes to sell a home, regardless of the current housing market's conditions. In fact, this housing market professional can make it easy to map out a successful home selling budget and ensure you can quickly and effortlessly navigate the home selling process.

With a real estate agent at your side, you'll receive expert support throughout the home selling journey. A real estate agent will learn about your home and help you identify ways to enhance your residence. Plus, a real estate agent will offer recommendations to ensure you can upgrade your house on a budget.

If you're getting ready to sell your house, it helps to collaborate with a real estate agent. Reach out to local real estate agents in your area, and you can get the support that you need to establish a home selling budget.




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Posted by Joyce Torelli on 12/6/2017

Any pet owner will tell you that their pets are a part of the family. They bring joy to new families getting their first dog, and companionship to people who would otherwise live alone. However, they also bring the pet odors associated with having them around the house.

Since we spend so much time in our own homes, we oftentimes donít even notice pet odors. So, even if you think your home is free of odors, itís a good idea to get an unbiased opinion of the various odors of your home so that you can address them if necessary.

In this article, weíre going to teach you how to identify and neutralize those pet odors before the open house or first home showing. That way you can make the best impression on potential sellers and leave them feeling like your home has been well-maintained.

Identifying pet odors in your home

Whether youíve got a dog, cat, rabbit, or hamster, odds are your little friend puts off some amount of odor. To discover where, if any, odors can be found, invite a friend over to your home who isnít familiar with the smells and ask them their honest opinions about the various rooms in your home. This will give you a good idea of where you need to focus your efforts.

Important areas to clean

First thingís first: the fabrics, surfaces, furniture, and carpet in your home in your home hold onto odor the most. Renting or buying a carpet cleaner, mopping the hard surfaces, and washing or refreshing curtains is a great place to start.

Many steam cleaners can be used on various surfaces, making them a good solution to get the most value out of your cleaning budget.

Donít forget the carpet pad

If your pets have ever had ďaccidentsĒ on your carpets, itís vital to remember that their mess likely soaked through the carpet onto the carpet pad. While it may seem like a lot of effort to pull up the carpet just to clean the pad, it may be your only option in severe cases of pet odors.  

Painting

Repainting is a guaranteed way to remove any lingering odors in your home. Try to time your painting so that the room has the chance to air out and the smell of fresh paint isnít overpowering.

Repainting is also the perfect opportunity to brighten up the rooms of your home, making them feel more spacious. Sticking to neutral, proven colors will give you the most bang for your buck.

Let some fresh air in

Before showing your home, open up the doors and windows and doors to closets and basements and let a draft run through the house. This can eliminate any musty smells that have accumulated in the lesser used parts of your home, as well as help mitigate the effect of pet odor.

Last minute additions

The day of showing your home, use a high-quality scented candle or two in places that your pets frequent. You donít want it to be obvious that youíre trying to mask any bad odors, so donít use anything overpowering. Rather, opt for a pleasant-to-neutral fragrance that isnít too noticeable.




Tags: selling your home   dogs   cats   pet odor  
Categories: Uncategorized  


Posted by Joyce Torelli on 11/15/2017

If this is your first time selling a home, you might not be familiar with the costs associated with selling. Lenders and agents help to make this process as simple as possible for both the buyer and seller. However, itís still a good idea to know what to expect to pay for selling your home, as it seems counter-intuitive that you would have to pay to sell something.

Due to the consolidation of costs by lenders, it can be easy to glaze over the list of closing expenses without fully knowing what they mean. But since many fees can be negotiated, it pays to learn the ins and outs of closing costs.

Whether youíre selling your home soon or just want to brush up on real estate processes, this article will give you a better understanding of closing costs from the perspective of a seller.

Closing costs

Buyers typically pay the majority of the closing costs associated with purchasing a home. However, there are some closing costs that buyers are at least partially responsible for.

Notary fees, expenses from escrow, and title insurance are all likely costs youíll have to dish out before closing.

Agent fees

Real estate agents typically earn a commission on selling a house. The work they put in saves you in several ways. First, you donít have to pay for all of the marketing expenses associated with selling a home. This includes photography, sign-making, and online listings.

Agents can save you in other ways, as well. Theyíll help you price your home effectively, negotiate prices, and take care of the time-intensive process of showing your house. You wonít want to have to take time off from work to try to DIY these steps.

Taxes

Since youíve likely owned your home for a while now, youíre familiar with paying property taxes. If you pay taxes yearly and are moving toward the end of your pay cycle, youíll have to pay a prorated rate for the amount of time youíve lived in the home that year.

The burden is also yours for any remaining HOA fees and state transfer taxes. Not every state charges transfer taxes so be sure to check the cost for your state.

Moving costs

Moving can be an expensive endeavor. Aside from hiring movers, renting vans, or buying boxes, there are a number of expenses we donít often think of when preparing to move.

First, it will take you a while to get your new home set up. That means you should be prepared to eat out for a while until you get settled.

On top of that, thereís also the matter of having to take days off from work, which can be costly in its own right.

Those are some of the most common expenses a buyer has to worry about during closing. Your real estate agent will be able to give you a comprehensive rundown of costs and help you find the best agreement.





Posted by Joyce Torelli on 6/28/2017

Millennials are often a topic of discussion in everything from jobs to cars to real estate. They are the generation who is changing the way we think about so many things. So, when it comes to selling your home to younger buyers, thereís certain things you may want to consider to raise the appeal of your home. Hereís what Millennials are looking for and what you can do to entice them in the home buying process: Young People Want Something Move-In Ready Millennials are young professionals who donít want to make the time for home improvement projects. These buyers are typically looking for something thatís known as ďturnkeyĒ or move-in ready. Other groups of Millennials are more creative and see a vision in the home they buy, investing in the right property over time. What Sellers Can Do: The biggest thing you as a seller can do is be sure that the home displays all of its potential in each area. Even if your home isnít move-in ready be sure that potential buyers understand what needs improving. Updated Kitchens And Baths Are A Must... Maybe Most home buyers desire a home with brand new kitchen and bath fixtures. Younger buyers have limited budgets and updates to both the kitchen and the bathroom are among the most expensive renovations to complete. On the sellerís side of things, however, these updates may not be within the budget either. It may not add enough value to the home in order to make updates worth it. Also, even with updates, the style of a kitchen or bathroom may not gel with the desired style of the buyer. What Sellers Can Do: Update the big things in the kitchen and bathroom where needed. The purple tile in the bathroom may appear ugly to you, but a buyer could find some great potential in it. Just be sure the kitchen and bath appear clean and have the basics such as storage areas in them. Big Open Kitchen The younger crowd likes bigger kitchens for entertaining and cooking elaborate meals. Millennials also like a lot of storage to keep things organized, simple and neat. They are the generation known to be ďminimalists,Ē and their preferred style holds true to this. What Sellers Can Do: Sellers should at the minimum be sure that there is adequate storage available in the kitchen. When staging the home, take any unnecessary furniture pieces out, so that they donít deter from the size the kitchen appears. Staging Your Home Overall, one of the most important things that sellers can do to appeal to young buyers is to stage the home well. While itís often up to the buyer to create their own vision, having the home staged helps to ignite the creativity in the mind of the buyer. By using some of the above tips, you can help to make your home appeal to a younger demographic who are looking for very specific things in a home. Even if you donít think your home can meet these expectations, youíll be surprised what a little creativity can do!