Archives for sell your home

Color Psychology for Homes

              I frequently suggest that homeowners paint before placing their homes on the market. Don’t be offended! I want my customers to understand “color psychology,” which focuses on color’s effect on human behavior and emotion. Since people’s reaction to color is immediate, color has a tremendous influence on the choices they make every day.             Color choices are very personal and when selling your home, it’s critical to appeal to the greatest number of potential buyers. With so many people beginning their search for a home on the Internet today, your home and listing photos must stand out from your
Read More

Flood Insurance for Coastal and higher risk areas

A little known act which is only now rising to the attention of all of the U.S. coastal cities is now becoming a nightmare to homeowners. The Biggert-Waters flood insurance reform act of 2012 is now set to affect millions of homeowners from the coasts of Maine down to Florida through Texas and then over to the west coast.
Read More

How to Sell a House!

Still a tough market. Words of wisdom:  Listen to your Realtor.  If he or she isn’t talking – get a new one. Getting your home sold requires effort.  If you have your home on the market and there are no showings – there could be a number of things wrong. Price, condition (people see the photos online), poor marketing (poor photos), bad location or all of the above. To get your home sold now for TOP DOLLAR, your home has to have “WOW” factor.  No “wow” factor and you’re just a plain Jane! Granite, travertine, stainless appliances, iron stair railings,
Read More

Is it time for a Discount Broker?

Why not hire a discount broker?  One who charges less – in some cases, apparently a lot less. This has been asked time and time again.   All agents are the same, right?  Then why not just put my home up for sale with a discount broker and sell and save?  After all, I’ve seen ads that say “We’ve saved our clients Thousands of $$ over conventional brokers..” First, let’s show you the break down of how agencies get paid. Let’s assume a $310,000 home sells for $300,000.00 and there is a 6% commission.   Usually there is the listing broker and
Read More

Short Sale Guidelines are Making a Difference

 The theory behind short sales seems simple enough: If a homeowner owes more money on a house than the house can sell for, and the homeowner is struggling to pay the mortgage, the lender will allow the house to be sold for less than is owed. For obvious reasons, lenders are not big fans of short sales and often make it a complicated process. In April 2010, The Home Affordable Alternatives Program (HAFA) released new guidelines designed to streamline the short-sale process and allow more delinquent homeowners to sell their homes and move on with their lives. In its first
Read More

The 203k Mortgage

              Real estate consumers today can find ample value in distressed homes – properties that are under a foreclosure order or up for short sale. In many cases, however, “distressed” speaks more for the condition of the homes than their recent financial histories, as they’ve sat empty for extended periods and have been subject to vandalism and theft.             Those considering homes in need of repair and renovation should consider a 203k mortgage, which enables homebuyers to finance both the acquisition and rehabilitation of the property with just one loan.             “FHA 203k purchase loans are the perfect financing
Read More

Home Not Selling? It's Not Personal, It's Probably Price

     Home sellers face a new reality as they look to move up, down, in or out of their American dream in today’s market. Consumers, particularly those who purchased their homes within the last five years, often find their options limited by a lack of equity. Those who can sell are sometimes numbed by deflated home prices and find it difficult to justify yesterday’s valuations with today’s reality.             Many home sellers have dug in on price hoping to lose no additional ground. Others seem to have taken this market personally, letting emotions override analysis when setting price. Buyer
Read More