Seller Resources
Guide to staging your home like a professional
Selling a home is quite a process. To make the sale quicker and more successful, you need to prepare your home for potential buyers. Staging a home is an efficient method of making the house more likable to the people looking for a home. Preparing your property makes people see its full potential and brings you a faster sale and more money. Here's our guide to staging your home like a professional for the best results.
Guide to Home Pricing Strategies
This guide is everything you need to determine the most suitable price for your home. Read about the best home pricing strategies when selling a property.
Biggest Mistakes People Make When Selling a Home
So, you have decided to sell your home, or you are on the brink of making perhaps the most significant financial decision you have ever made. You can already visualize handing out the keys to your old house for a large sum of money with which you will be able to finance your next big real estate venture. It is a good feeling if there ever was one, but it is important not to rush into finalizing the purchase agreement, especially if this is your first time doing this. Namely, there are many 'traps' and legal loopholes you can fall into only because you are not aware of them. To prevent this from happening, we will list the biggest mistakes people make when selling a home.
Short-Term Homeownership - Is it Worth it?
Purchasing a home is one of the most significant life-changing decisions you could make. Therefore, if you are considering buying, you have probably devoted sufficient time thinking about it. However, sometimes unexpected occurrences have an impact on your well-thought plans. You might have to change your job, which entails moving to another city, or you plan on flipping a house. Whichever the reason may be, you might be wondering if short-term homeownership could wreck your finances. Owning a place for a short period is a risky venture. However, there still are ways to make it as profitable as possible.
Remodeling- How to Get Started?
No matter if you've remodeled your home a hundred different times or if you've lived in the same old house for a while, spaces get dull over time. Although the home we live in once seemed fresh, new, and exciting, it's only natural to get used to your surroundings. On one side, it's great to live in a familiar space where you feel at home.
Do School Ratings Impact Home Values?
When deciding what home to buy, many potential buyers weigh their wants and needs including the price, size, architectural style, commute time and of course, the location of their target house against the challenging realities of the current market. Homebuyers are increasingly adding another priority to their wish list – quality schools.
Bad Home Improvements That Hurt Your Home's Value
So, is it finally time to renovate and remodel your entire home, and give it a new look? Or, are you looking for simple ways to refresh your living area? Well, if you expected to get a bunch of advice on how to embellish your house, you are in the wrong place! Instead, what I am about to do is talk about bad home improvements that hurt your home's values. Pay attention and let me save you a small fortune that you could otherwise spend in a more productive manner.
The Functions of an Escrow
Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was developed.
Title Insurance When Refinancing Your Loan
Lower interest rates have motivated you to refinance your home loan. The lower rate may save you a tremendous amount of money over the life of the loan, but you should also expect to pay the lender the typical closing costs associated with any new loan, including service fees, points, title insurance protection and other expenses.
Title Insurance Requirements for Insuring Trusts
In today’s world of busy probate courts and exorbitant death taxes, the living trust has become a common manner of holding title to real property. The following may help you understand a few of the requirements of the title insurance industry if title to property is conveyed to the trustee of a living trust.
Why Do You Need Title Insurance?
The purchase of a home is most likely one of the most expensive and important purchases you will ever make. You, and your mortgage lender, want to make sure that the property is indeed yours - lock, stock and barrel - and that no individual or government entity has any right, lien, claim to your property.
Statements of Information
Statements of Information provide title companies with the information they need to distinguish the buyers and sellers of real property from others with similar names. After identifying the true buyers and sellers, title companies may disregard the judgments, liens or other matters on the public records under similar names.
Required Reporting to the I.R.S.
Sellers of real property will have certain information regarding the sale reported to the Internal Revenue Service. This required reporting is a consequence of the Tax Reform Act of 1986; it is intended to encourage taxpayer compliance and aid in audit and enforcement efforts by the I.R.S.
Home repairs you shouldn't do yourself
A lot of people like to consider themselves as quite capable handymen. So, does that mean that you should handle every repair by yourself? Of course not. There are numerous home repairs you shouldn't do yourself, even if you are only trying to sell your home and want to be as cost-effective as possible.
Why Is My LA Home Not Selling?
Despite the COVID-19 pandemic the real estate market is still very active. Homes are selling fast and yours should be easy to sell. So in a seller’s market, why is my LA home not selling? If you haven’t received an offer after six or seven showings, you need to reevaluate your home’s situation to find out where your home’s weakness, or weaknesses, may be.
What is a Short Sale Anyway?
A short sale happens when you sell your house for less than your remaining mortgage balance, the proceeds of which go to the lender and in return the lender forgives the remaining balance. Selling your home as a short sale is one way to avoid foreclosure.
Setting the Price
The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
Plan of Action
The first step in a listing your home for sale is to analyze why you are selling. If you understand your motives, you will be able to better negotiate and to get what it is that you want, whether it be a quick sale, high price, or somewhere in the middle.
Making a Good First Impression
If you want buyers to be interested in your home, you need to show it in its best light. A good first impression can influence a buyer both emotionally and visually, thus prompting them to make an offer.
Know Why You are Selling
If you know exactly why you are selling then it is easier for you to follow the right plan of action for getting what you want.