Friday, May 24, 2019 / by Harvey Rosenberg
In an ideal world, you'd list your home for sale and boom, the next day you'd be moving out, cash in hand. In reality, however, selling a home takes a little more time than that. While the national average is about 68 days to sell a home, that range can vary depending on the area, time of year, and price point. Here's what you can expect when setting a timeline to sell your home.
Get a real estate agent.
You should interview a potential real estate agent to find out if they are the right fit for you. See how to choose a listing agent here. Be sure it's someone you trust, has a proven track record, and find out their rates. Using an agent to sell your home actually saves you money and gets your home sold faster.
Once you've chosen an agent, find out what the rest of your timeline is. We'll talk estimates below, but he or she will have a better idea with the current market and location you're in.
Next, start decluttering. Clear away what you don't need by donatin ...
Friday, May 17, 2019 / by Harvey Rosenberg
Buying a home, whether it be for the first time or your third, consider setting up a budget to know not just how much home you can afford with monthly payments, but how much does buying that home cost at the start. Here are some things to consider to create a home buying budget.
Up Front Costs
Buying a home is more than just a down payment. Set aside money for additional costs such as home inspections, title fees, moving expenses. Additionally, if you're selling a home, you may need to make some improvements before listing or after negotiating. And moving into a new home may come with additional repairs or cosmetic changes to make the home your own.
Be sure to talk to your realtor about upfront costs. Set a reasonable budget for any changes you may need to make as well. Just like on the home improvement shows, buying a home for less may mean you get to do more improvements that are within your budget.
Before you buy, save for your dow ...
Sunday, May 12, 2019 / by Charlotte Rose
It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the dollar value of a home is trickier.
As a seller, knowing your home’s worth helps you price it correctly when you put it up for sale. If you price it too high, it may sit on the market. But price it too low and you may be losing out on a good chunk of money (nobody wants that!). For buyers, it’s important to know a home’s worth before you make an offer. You want your offer to be competitive, but you don’t want to overpay for the property.
Even if you’re not a buyer or seller right now, as a current homeowner you might just be curious about the value of your home. Keeping track of your home’s worth year over year helps you understand the trends in your market. So when you are ready to sell, you can take advantage of a good window of opportunity.
The good news is, a trained real estate agent—who unde ...
Sunday, May 12, 2019 / by Charlotte Rose
Thanks to Marie Kondo and her hit Netflix series “Tidying Up,” home organization is a hot topic right now. Marie encourages her viewers to minimize their possessions and keep only those items that “spark joy.”
With spring in full bloom, now is the perfect time to do some spring cleaning and add organizational systems to your own home. Not only will you clear out clutter, your efforts can actually increase the value of your home.
Ready to give it a try? Here are six home organization ideas that will “spark joy” for you and your property value.
Boost Bathroom Storage Capacity
When was the last time you cleaned out your bathroom cupboards? If it’s been awhile, remove everything and take a look at each item. Toss any old or expired products—keep only what you actually use.
If your vanity has drawers, add drawer organizers, so you have a dedicated space for smaller items, like makeup and jewelry. ...
Friday, May 10, 2019 / by Harvey Rosenberg
Before you hire any property manager, you should ask them a few questions. Think of it as a job interview. You want to hire the right person to manage your investment. Consider the following questions to ask a potential property manager.
How many rental units do you manage?
You don't want to get lost in the shuffle of someone who has too many, yet too few and you might be getting a manager that's inexperienced. Ask a few property managers and you should be able to get a range for the area.
How do you determine the rent amount?
Is your manager experienced in getting a market analysis of your property? Do they have the expertise to factor in any unique aspects of your home?
What are the pricing options?
Does the property management company offer a suite of services, or could you pay per service? knowing up front what the fees are is important.
What services do you offer?
In this case, you could get what you pay for. a lower rate may also mean t ...