Sumathi Narayanan Realty's Blog
Selling a home may prove to be an uphill climb. Fortunately, if you craft a home selling strategy, you can eliminate guesswork throughout the property selling cycle.
A home selling plan is a must-have, and perhaps it is easy to understand why. This strategy enables you to prepare for potential hurdles you may encounter as you promote your residence to buyers, review an offer to purchase and perform other house selling tasks. Plus, if you allocate time and resources to develop an effective strategy, you could streamline the process of selling your residence.
There are several things you can do to ensure your home selling strategy will deliver the best-possible results. Now, let's take a look at three tips to help you craft a top-notch house selling plan.
1. Analyze Your Home
What you originally paid for your house is unlikely to match your home's current value. Luckily, there are various assessments you can use to evaluate all areas of your residence.
A home inspection enables you to identify any underlying house issues and correct such problems before you list your residence. Or, you can always hire a home appraiser who can give you a property valuation.
When it comes to selling a home, it helps to prepare as much as you can. If you conduct a home inspection and appraisal, you could gain valuable insights so you can set a competitive initial asking price for your residence.
2. Upgrade Your House's Interior and Exterior
Your home may have flaws, but you can address these issues right away. By doing so, you could make your house an attractive option to buyers.
Clean each room of your house. Also, eliminate clutter so you can show off the full size of your house.
In addition, mow the lawn and perform other home exterior updates. If you boost your house's curb appeal, you may be able to differentiate your residence from the competition – something that could result in a quick, profitable home selling experience.
3. Collaborate with a Real Estate Agent
A real estate agent understands what it takes to develop a house selling strategy. Thus, he or she can help you craft a home selling strategy and put this plan into action in no time at all.
Typically, a real estate agent meets with a house seller and learns about this individual's property selling goals. A real estate agent next creates a plan designed to help a seller quickly achieve the optimal results.
A real estate agent offers plenty of guidance throughout the house selling journey too. Therefore, if you are unsure about how to showcase your residence to potential buyers, a real estate agent can deliver support. On the other hand, if you are uncertain about whether to accept or reject an offer to purchase your home, a real estate agent can provide an honest, unbiased recommendation.
Use the aforementioned tips, and you can instantly create and implement a successful home selling strategy.
Selling a vacation home is a lot like selling any other property, but for a few key differences. One, most vacation homes are far from the people who want to purchase them. Two, most vacation homes are far away from their owners, as well. This distance between owners, sellers, and the property can lead to some marketing challenges.
Working with a team of dedicated professionals can help. If you're a vacation home owner who would like to sell your property sometime in the next few months, working with a capable real estate professional can help the selling process go smoothly and quickly. Here's what you need to know.
1. Maintain the Property
Before listing your property for sale, address your deferred maintenance. Is the air conditioner old or in disrepair? Get a tune up or replace the unit. Does the chimney need a new liner? Replace it. Disclose these new repairs to your real estate professional, so they can mention recent repairs in your home's description.
If you choose not to make these repairs before listing your home for sale, assume you'll have to disclose maintenance problems and (probably) reduce your price. Work with a real estate professional who can help you negotiate a good deal, while keeping in mind that you won't be able to fetch the best price for your property.
Buyers love new features, especially new kitchens, bathrooms and decks. If you're trying to collect the maximum amount for your vacation home, talk to your real estate agent about upgrading parts of the property that are out of date.
Not all home buyers expect the latest and greatest from their vacation home. If your property is a cabin in the woods, buyers may expect the facilities to be rustic and basic. If you're selling a beach house, buyers may have greater expectations. Your real estate professional will be able to tell you if a home upgrade will do you good, and if so, what kind of home upgrade.
3. Improve Curb Appeal
Views, scenery and natural surroundings tend to be very important for vacation properties. Work with a landscaping professional or a contractor to improve your vacation home's curb appeal. This may mean planting flowers, installing a pathway, replacing overgrown or unhealthy shrubs and even clearing away trees that block the view. Do this before listing your home for sale, so the house will be ready when the photographer takes pictures.
4. Get Professional Photographs & a Virtual Tour
Hire a photographer or media specialist to take professional photographs of your property and make a virtual tour. Photographs are very important because buyers may not be local and must rely on pictures to decide which homes are of interest. Virtual tours also make it easier for home buyers to decide which properties are most enticing. The easier it is for your home to be seen from a distance, the more attention it will attract from potential buyers.
5. Find the Right Real Estate Professional
Work with a real estate professional who is experienced working with remote buyers and sellers. Interview several real estate professionals and ask them which strategies they recommend for selling a home remotely. Choose the real estate professional who has the most experience working with vacation home buyers and sellers, as this will be very important for the successful sale of your property.
The weeks and days leading up to a home closing can be stressful, particularly for a homebuyer who is already trying to do everything possible to secure his or her dream residence. Fortunately, we're here to help you simplify the process of getting to your closing date.
Now, let's take a look at three tips to ensure you can enjoy a fast, easy home closing.
1. Get Your Paperwork Ready
It often helps to get all of your homebuying paperwork ready before you pursue a residence. That way, you can minimize the last-minute stress associated with searching far and wide for pay stubs, tax returns and other documents that you'll ultimately need to get financing for a residence.
Furthermore, you should meet with local banks and credit unions as soon as you can. If you can get approved for a mortgage prior to starting a home search, you may be able to speed up the process of acquiring your ideal residence.
2. Be Prepared to Cover Your Closing Costs
Although you might have financing to cover your monthly mortgage payments, it is important to remember that you may need to pay closing costs to finalize your home purchase. As such, if you begin saving for your closing costs today, you can guarantee that you'll have the necessary funds available to purchase your dream residence on your scheduled closing date.
Also, you should be prepared to present a cashier's check or wire funds when you close on a house. If you plan ahead, you should have no paying off your closing costs when your complete your home purchase.
3. Schedule Your Final Walk-Through Before Your Closing Date
When it comes to a final walk-through on your dream house, why should you leave anything to chance? Instead, set up the final walk-through at least a few days before you're scheduled to close on a house.
If you find problems with a house during a final walk-through, you'll want to give the seller plenty of time to address these issues. Thus, if you schedule a final walk-through several days before your closing date, you can ensure that any home problems can be corrected without putting your closing date in danger.
For homebuyers who are worried about a home closing, there is no need to stress. In fact, if you work with an expert real estate agent, you can receive plenty of support throughout the homebuying journey.
Typically, a real estate agent can explain what you should expect in the time leading up to your closing date. If you have any concerns or questions before a home closing, a real estate agent is happy to address them. Plus, when your closing date arrives, a real estate agent will help you remain calm, cool and collected as you purchase a home.
Ready to streamline the process of closing on a house? Use the aforementioned tips, and you can reap the benefits of a quick, seamless home closing.
Most adults go through a series of predictable life stages, which include the eventual desire to be a home owner. Some people take the plunge sooner than others, but that decision is typically set in motion by changing circumstances, such as financial readiness, additions to the family, or career advancement.
Owning your own home certainly has a different "feel" to it than being a renter. Not only do you tend to feel more established and successful, but home ownership gives you more control over your environment. When you no longer have to answer to a landlord, you don't have to concern yourself with unannounced visits, inspections, restrictions, rent increases, or even lease terminations.
Renting an apartment, condo, or duplex may make the most sense when you're getting your first taste of independence as a recent college graduate or a young newlywed couple. However, as maturity settles in, buying a house becomes the next logical step. In addition to the investment value of real estate, most people also gravitate toward the idea of more privacy, more control over their lives, and the sense of accomplishment that comes from owning your own home.
Parenthood brings changes. Once children come into your life, your whole perspective undergoes a seismic shift! New priorities come to the forefront, such as relocating to a better school district, living closer to relatives or a recommended child care facility, and having a spacious yard where your kids can play. Owning property with a private, grassy space for a sandbox, a swing set, or backyard birthday parties are also among the reasons home ownership appeals to young parents.
Gardening becomes an option. With few exceptions, the joy of backyard gardening is a pastime that's only available to home owners. Whether your interest lies in growing your own vegetables, herbs, or wildflowers, cultivating a garden can be a very satisfying aspect of home ownership. While there is definitely more work involved in landscaping, maintaining property, and keeping your lawn looking manicured, the pride of ownership that comes from beautifying your own yard makes it all worthwhile!
Building equity: While deluxe townhouse rentals and luxury apartments may offer some temporary appeal, there comes a time in life when you want your monthly payments to begin feathering your own nest, rather than helping your landlord retire comfortably! Although your rented living space may provide you with immediate comfort, ample storage, and a place to entertain friends, it's your landlord, not you, who's receiving the tax advantages and investment value of the property you're living in.
Even though apartment living or townhouse renting may have suited your purposes up until now, you can't help but wonder whether it's time for a change -- specifically, a change that can strengthen your financial security and provide you with a resource you can leverage and enjoy for years to come.
Thanks to screens, we can enjoy being outdoors without all the dirt and insects. Open windows let the breeze in without letting in anything else, and we can picnic on our screened-in porches without the bug spray. Screens can generally take a lot of wear and tear, but when subjected to winds, weather, and contact with people and pets, they start to break down. Fortunately, they are often easy to repair without costly maintenance. In fact, window and door screen repairs can be straightforward DIY projects.
Screens usually come in either aluminum or fiberglass material. Either of these can be patched if the damage is minor, such as a rip or hole just a few inches in length. Hardware stores sell kits specific to the screen’s make and material for patching small holes. Alternately if you have spare screen fabric on-hand you can construct and apply a patch yourself. Start by cutting an even shape around the rip, like a square or rectangle. Place a piece of waxed paper under the hole so the adhesive does not stick to your workspace. Dab a light layer of an adhesive like super glue or rubber-based glue along the edge of the hole--you could use a toothpick or small paintbrush for this step. Cut a patch out of your roll of spare screen that is about a half-inch larger than the hole. Center the patch over the hole and press it onto the cut edges of the hole, allow to dry completely.
If the damage is larger or if you would just prefer to replace the entire screen, this won’t cost you much time or effort either.
- Locate a clear, flat workspace and lay the screen down flat. Use a flat instrument like a flathead screwdriver to remove the rubber screen retainer spline from the screen’s frame so you can remove the old screen. Check to see if the spline is visibly cracked or weathered. If it is, replace it along with the screen material.
- Measure the screen then cut the replacement screen to size using tin cutters or heavy-duty scissors. Allow yourself a few extra inches on each side to make installation a little easier.
- Center the new screen on the frame and pull it tight over the frame edges. Secure it in place with strong tape.
- Using a screen spline roller tool, fit the screen firmly down into the indentation on the frame while pulling it taut, then use the tool to push the rubber spline back into the indentation over the new screen. Once the spline rests tightly down in the indentation, closely trim any excess screen around all the edges.
If you are constructing a porch or outdoor kitchen and planning for a large amount of screen, you may want to consider using thin posts or vertical slats between large screen ‘windows’ instead of expanses of uninterrupted screen. This lets you take down individual screens to repair or replace instead of more costly, larger-scale fixes.