Market Strong For Older Homes

Sometimes we hear in the real estate industry that buyers prefer modern homes over older ones.  The reasons seem obvious; modern layouts and styles latest technologies energy efficient less maintenance and more ... However, RealtyTrac data shows that older homes still make up the majority of homes sold.  In some markets, homes built prior to 1940 are worth more on average than newer homes as well.  In 2013, 60% of sales represented homes built before 1990. Why is that?  The … [Read more...]

What are easements and how do they affect the buying and selling of homes?

As you search for a home, you may run across the term "easement" in a property listing.  We found an article that helps explain what an easement is. An easement is a legal arrangement by the owner of the property and a nonowner to use the property in some fashion. You may see this term used in listings where a home is located near a public recreational area. For example, the property may come with a walking easement to the nearby lake. You can read the entire article here … [Read more...]

15 Questions to Ask When Selecting a Home Builder

Experts agree these 15 questions are a great place to start to help you select the right builder for your new home. Selecting the right builder is a key step in the journey that leads to your dream home. Asking builders the 15 questions below will help you choose the right builder to create your new home — and give you confidence in your choice. These questions will also help you better understand key steps in the building process and the decisions you’ll make, in partnership with the … [Read more...]

8 Inexpensive Ways to Perk Up Your Porch

First impressions are everything when you’re trying to sell your home. Even for homes that aren’t on the market, owners know that neighbors often make snap judgments based on a glimpse at a front porch or yard. Litter and overgrown landscaping are doing nothing to increase your curb appeal. The great news is that it doesn’t cost a bundle to make some big changes in your home’s exterior appearance. Each of these eight fixes costs less than $50. Make one improvement or a handful, and before you … [Read more...]

Three Tips for Avoiding Closing-Day Glitches

Closing day is the most exciting day in the home-buying process. The long journey is finally over, and you will sign your papers and get your keys. Once you’ve been told that your home mortgage has a closing date, you may want to move in immediately. But while most home-sale transactions are smooth, some may hit speed bumps on the road to ownership bliss. The most important part of the transaction is getting all the necessary parties and documents together on the right day at the right time. … [Read more...]

Tips for Staging Kitchens and Bathrooms When Selling

Curb appeal may bring potential buyers to the door, but it’s the living spaces inside that sell the home. Many sellers focus on making sure that the living room and den are clean and inviting, but don’t forget kitchens and bathrooms, two areas where remodeling is often expensive. For buyers, a clean, modern, well-laid-out kitchen is a major feature. Bathrooms are also a consideration, because they contribute to overall happiness in living in the home. 1. Clean it once. Then clean it … [Read more...]

How to Get the Most Value From Your Home Inspection

Once an offer on a property is accepted, most buyers hire a professional home inspector to assess the condition of the home. The inspector will write a detailed report for the buyer to use in deciding how to proceed with the purchase. Should the buyer cancel the contract and terminate the purchase; ask for the seller to complete repairs; or request a price reduction or purchase credit from the seller to cover repairs? Unfortunately, many buyers fail to realize the importance of the home … [Read more...]

How to Avoid Seller’s Remorse in Real Estate

AUTHOR:BRENDON DESIMONE In many real estate markets around the country, sellers are in the driver’s seat again. Inventory is low. Houses are often selling for more than asking price. After years of a sluggish buyers’ market, many real estate agents are trying to get their would-be sellers to list their homes now. It seems like a great time to sell. But how can you know for sure if it’s a great time for you to sell? If you experience buyer’s remorse, you can usually get out of a … [Read more...]

8 Things That Can Lower Your Home Value

When getting ready to sell consider these 8 things that might lower your value. 1: Poor Garage Space Having no garage, or a tiny one-car garage, is a big negative in the home market. Most people want the storage space a garage provides. No garage means the car sits naked in the driveway open to the elements. Many modern families have two working adults and thus two cars, so a single-car garage is inconvenient. 2: A Pool A pool might not automatically decrease the value of your home. On … [Read more...]

Navigating a Final Walkthrough on Your New Home

Before you buy paint and order new furniture there's one more step that shouldn't be overlooked: the final walkthrough of your new home. This is the last chance before closing to make sure everything is working properly, there aren't any imperfections in the finishes, and the house is move-in ready. Our friends at Allstate put together this great piece on how to navigate your walkthrough, what to look for and how to take action on any repairs. A final walkthrough can not only help you … [Read more...]

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