Attracting Potential Buyers!
The goal of any homeowner trying to sell their home is to attract as many potential buyers as possible. So if you are currently trying to sell your home the best way to attract as many potential buyers as possible is to boost its appeal and desirability. Here is a list from our experts on the top five ways to help you attract the most potential buyers that you possibly can. ) Price Competitively: The place to start when it comes to attracting the most potential buyers as possible is to price it competitively. Be sure to put in some of your own research and check out the comparable home sales for the past few months to help develop a starting place. But, by all means listen to your friendly real estate agent on where they believe the best price point for your home is. ) Boost Curb Appeal: Your curb appeal is what develops the first impressions potential buyers will develop about your home. Freshen up and boost your curb appeal to help attract more potential buyers. Start by driving by your home with some family and friends having everyone write down what they like and don’t like. Latter sit down and see what you need to fix, highlight, or get rid of. ) Clean, Clean, And Clean: Typically the cleaner a home is the better condition it...
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Why Buying Is Better Than Renting!
A debate that needs to be settled here and now is the one on whether buying a home is truly better than renting one. Not only has owning a home long been a huge part of the American dream it is also far less expensive in long term than renting. ) Prices Are Rising: The median sales price for exiting single family home increased from 2012 to 2013 by over 11% the highest year to year increase since 2005. Our experts expect prices to keep rising steadily for the next several years making buying a home now a truly great investment compared to renting. ) Buying Is Cheaper Than Renting: According to the experts out there owning a home is currently around forty percent cheaper than renting. Even though rising mortgage rates and home price increases have narrowed the gap between them buying is still currently a great deal cheaper than renting one nationally. ) Mortgage Rates And Home Prices Are Increasing: As we said earlier mortgage rates are starting to increase and home prices are continuing to rise. Making now the best time for you to stop renting and buy a home. Not only is buying better than renting but according to the experts buying now is better than waiting. ) You Can Build Up Equity: When you rent a home with each rent payment you make you...
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Real Estate Definition Guide!
Our Admirals Cove experts have found that many people out there don’t exactly understand a lot of the commonly used real estate terms . So here is a list of definitions for some commonly used terms often misunderstood with people new to the real estate world. Pre-Qualification: Pre-qualification is given to buyers from a lender as a rough estimate of what they might be able to afford. It really says nothing to sellers about your ability to gain financing it just says the bank thinks you can. Pre-Approval: Pre-approval is given to buyers only after a lender has done some significant research into their financial history and agrees to loan them a certain amount. This carries a great deal more weight then pre-qualification. Down Payment: A down payment is the share of a home’s purchase price that a homebuyer pays upfront. The typical down payment for purchasing a home is currently roughly twenty percent or more. Price Appreciation: Price appreciation refers to the amount a home is likely to increase in value each year. However, price appreciation in unpredictable and can tend to be very volatile. Buyer Closing Costs: The closing costs associated with buying a home include things like mortgage points, title insurance, loan origination fees, escrow deposit, credit report running fees, appraisal fees, etc. Seller Closing Costs: The closing costs associated with selling a home include things...
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Hiring The Perfect Realtor To Sell Your Home!
Selling your home is one of the largest and most important transactions that you will ever make in your lifetime. Due to the enormity of this experience it is critical that you hire the perfect realtor to help guide you through it. So our experts have developed some great advice on finding the perfect agent to sell your home. Finding Potential Agents: Ask For Recommendations: A great way to find the perfect real estate agent is to ask your family and friends for recommendations. If one of them has had success recently with a particular agent they are good choice to put in your pot of potential realtors to hire. However, remember just because your friend or family member had success with them doesn’t mean you will so be sure to check them out further before you go hiring them. Research Realtors Online: Another great way to find potential realtors is to go and do some research online. Go online and look up local area real estate agents for selling homes comparable to yours. There is also some very effective agent finding tools out there on the Internet like Trulia’s “Find a Real Estate Professional” that you might find useful in locating and contacting trustworthy potential real estate agents. Tips On Choosing The Right One For You: Check Out Their Online Presence: Experts say that the majority of homebuyers...
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Top Ten Home Buying Tips!
Get Pre-Approved: When buying a home these days unless you plan on using cash it is imperative that you get pre-approved for your home loan as soon as possible. Most sellers’ agents won’t even talk to you unless you have a pre-approval letter. Do Your Homework: The success of your home buying experience will be determined on how prepared you are for it. It is important that you take the time to do your homework on everything from whom you hire as an agent to what the current market trends are. Know What You Want: The only way to start off a successful home buying experience is to know exactly what you want in a home. Knowing exactly what you want will help your realtor filter through all those potential possibilities out there to find the right home to fit you perfectly. Utilize Professional Help: It is imperative that you utilize professional help when buying a home. The knowledge and expertise of a realtor will prove to be invaluable through out your entire home buying experience. Interview a few potential agents and be sure the one you choose fits you and your situation best. Get Legal About It: A great home buying tool that is often neglected by homebuyers is the use of a real estate attorney. The security and safety that comes with a real estate attorney makes...
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Top Ten Home Selling Tips!
Know The Market: Being an informed home seller is extremely important for a successful home sale. So before you go listing your home for sale it is important that you take the time to get a good understanding of the current market. If the market meets your home selling requirements then continue with your sale. Boost Your Curb Appeal: Your curb appeal will help determine the first impression that potential buyers develop about your home. Poor curb appeal can even turn off potential buyers are stop a home from selling all together. So it is important that you boost your curb appeal as much as possible. Make Necessary Repairs: It is critical that you make any and all of the repairs your real estate agent has pointed out and says are necessary for a successful home sale. You may be thinking the buyer won’t see that or look there but believe me if they don’t their inspector will. Stage Your Home To Sell: Staging is a great tool that you should consider using when selling your home because it will boost its appeal and desirability to potential buyers. But remember staging isn’t just for the inside of your home so don’t neglect the exterior when it comes time to stage your home for sale. Clean It Until It Sparkles: The cleaner a home the better maintained it feels to...
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