Mistakes To Avoid When Pricing Your Home For Sale!
Posted by Admirals Cove Homes on Oct 7, 2014 in Home, Real Estate | 0 comments
Selling your home is probably going to be one of the largest and most important transactions you will ever make and pricing it right is key. Unfortunately, pricing is not a simple process and home sellers are bound to make a mistake or two when pricing their home for sale. So here is a list of some of the top mistakes home sellers should avoid when setting their asking price. Not Doing The Right Or Forgoing Research: Before you even consider setting your asking price it is imperative that you do your homework and research what comparable homes have sold for recently. It is crucial that you at least use recent comparable home sales as a place to start when pricing your home for sale. It is important for you to know the recent comparable sales because your potential buyers will. Letting Your Emotions Get In The Way: Owning a home is much more than just that. It is an investment in your future and the future of your family and we understand that but it is a dangerous mistake to let your emotions get involved when pricing your home for sale. Because unfortunately potential buyers don’t care about sentimental value or about your feelings so be sure and price your home correctly and avoid allowing your emotions to get in the way of your home selling. Overpricing Because You Can Wait For It To Sell: Sometimes home sellers will overprice their home because they think they can wait and eventually get that asking price. But in today’s housing market overpricing a home and waiting to see if you can get it will typically lead you to lose money in the end. This is a huge mistake that you should avoid when pricing your home for sale. So be sure and price it correctly right from the start to avoid any potential lose down the road. Pricing High Because You Can Always Come Down: Some home sellers will make...
Top Five New Homeowner Tips!
Posted by Admirals Cove Homes on Oct 3, 2014 in Real Estate | 0 comments
Congratulations on buying your new home but now it is extremely important that you try and be the best homeowner you can be. So we have put together a list of the top five new homeowner tips to help you be the best homeowner you can be. Start Keeping Detailed Records: As a new homeowner it is essential that you start keeping detailed records of any and all repairs and improvements you make on your home. Anything from re-calking your bathroom to installing a new roof can increase the value of your home. It is important that you keep detailed records of all your hard work to ensure your investments pay off. Take Advantage Of Tax Benefits: There are many tax credits and benefits that are given to homeowners that you need to be sure and take advantage of. There are a variety of tax benefits from mortgage interest to installing things like solar panels and Energy Star appliances. Be sure to do some research on all the tax benefits you can take advantage of so you are ready come tax time. Develop An Inspection Habit: It is extremely important for new homeowners to develop an inspection habit. Catching potential a potential issue like infestations or mold early can be the difference between a cheap and easy fix and an expensive and difficult one. So be sure and develop a habit of inspecting your home every once in awhile to ensure you don’t let potential issues get out of control. Save For Unexpected Issues: As a new homeowner it is very important that you understand no matter what you do unexpected issues are bound to pop up and present themselves to you. That is why it is imperative for you to protect yourself and start saving up for these unexpected issues as soon as you possibly can in order to be ready for if and when something happens. Get To Know Your New Home: It is crucial that as...
Top Secrets To Healthier Living In Your Home!
Posted by Admirals Cove Homes on Sep 30, 2014 in Real Estate | 0 comments
It doesn’t matter if you rent or own your home you need to think about the healthiness of your living environment. While you may think you have a safe and well kept home that doesn’t mean it is a healthy environment for you and your family. So here is a list of the top secrets to healthier living in your home. Introduce Some Potted Plants: You would be surprised to know how truly effective this trick is. But, introducing some potted plants into your home will greatly help to neutralize many harmful chemicals that naturally occur in some paints and fabrics. Plus they will help infuse more oxygen into the air of your home making it safer and healthier for people to breathe. Utilize An Air Purifier: There are a variety of air purifier options out there from small single room purifiers to large full home purifier systems. This may require you to fork out a little cash but remember this is an investment in the health of you and your family. Utilizing an air purifying system will eliminate a great deal of dust, allergens, and pollutants you don’t want floating around your home. Open A Window Or Two: Stagnant indoor air can contain as much as five times more pollutants than the cleaner fresher air of the outdoors. Air flow is very important when it comes to a healthier home so be sure and open a window or two from time to time. Obviously, if you are susceptible to pollen or other allergens scratch this idea and try to create a fresh airflow some other way. Lay Mats At All Entryways: Experts say that up to 80 percent of the dirt, lawn chemicals, bacteria, allergens, and overall mess that gets traced into your home each day can be caught on entry way mats. By putting washable mats on both sides of all your entryways you can really boost the healthiness of your home by keeping many harmful particles...
First Time Homebuyers Beware!
Posted by Admirals Cove Homes on Sep 29, 2014 in Real Estate | 0 comments
So, you have decided that the time is right for you to purchase your fist home and are gearing up for the home buying process. Well first time homebuyer, beware there are some home buying mistakes that you should avoid making at all costs. Here is a list of the top six scariest home buying mistakes to stay away from when buying your first home. Hiring The Wrong Real Estate Agent: Whether you are a first time homebuyer or an experienced one hiring the wrong real estate agent or choosing not to hire one is the biggest mistake you can make. Your top priority in any home buying experience is to find the right realtor for your situation. You want to have an experienced pro on your team with a proven track record for success. Not Getting Pre-Approved For A Loan: In today’s real estate market the first thing you should do when you decide to buy a home is to go to a lender and get pre-approved for a loan. Most sellers won’t even waste their time with you if you don’t have a pre-approval letter to show them. If you haven’t done it already go out and get pre-approved right away. Not Comprehending What You Can Afford: You will be destined to fail if you don’t fully comprehend exactly what you can afford to pay for a home. Just because the bank says they will lend you something doesn’t mean you can truly afford it or at least comfortably afford it. It is import that you make a budget for what you can afford and stick to it as much as you possibly can. Neglecting To Get A Home Inspection: It is imperative that you get a home inspection done on any property you intend to purchase. Even if the property seems to be in mint condition it is extremely important that you utilize the skills and knowledge of an experienced home inspector to ensure it is....
Preparing For A Home Mortgage Loan!
Posted by Admirals Cove Homes on Sep 24, 2014 in Real Estate | 0 comments
Knowing how to prepare for a home mortgage loan is something each and every potential homebuyer should have a good grasp on way before deciding to buy a home. Our experts have found that preparing for their mortgage is something potential buyers rarely think of. But, taking out a home mortgage loan is a very in depth process and tricky experience that needs to be prepared for correctly. So here is a list of the top tips from our experts on how to prepare for a home mortgage loan. Start Getting Your Down Payment Ready: As you are getting your credit and finances in order and preparing for your home mortgage loan it is imperative that you start getting your down payment ready. It is important to understand that you will need to put at least twenty percent of the selling price down in cash and it would be a huge mistake for you to wait and try and scrape your down payment together at the last minute. Keep Tabs On Your Credit Reports: In order to prepare correctly for your home mortgage loan it is extremely important for you to keep tabs on your credit reports. One of the first things a lender will do when you apply for a home mortgage loan is to check your credit reports. That is why it is crucial you keep tabs on it to ensure everything is in order and that it is in as good of shape as it possibly can be. Understand What You Can Really Afford: One of the biggest things you will learn while you prepare for your home mortgage loan is what you can truly afford in a home. Even though home ownership is part of the American dream and it can be a very enticing and exciting idea, it is crucial that you keep one foot firmly planted on the ground and that means knowing the difference between what you want and what you can...