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Selling Your Home Takes Work….Part 5
November 28th, 2009 9:13 AM
Selling Your Home Takes Work….#5

Get a Pre- Appraisal, Pre-Inspection Reports, and Home Buyer’s Warranty……..All Buyers like to know up front any information or material facts on a property. It makes their decision making process easier.

Getting a Pre-Home Inspection on the property up front shows a good will to the Buyer and discloses any possible hidden issues. Although you would not necessarily need to fix or repair all issues they would need to be disclosed, but if at all possible addressing these issues ahead of time makes the Buyer feel much more at ease in moving forward with an offer. A Home Buyers Warranty is a great insurance policy for future mishaps and repairs for a new homeowner, again easing them into home ownership with little concern. The Pre-Appraisal is more for your benefit and used to help you and your Agent have more of a Negotiating leg to stand on, not to mention getting your home priced right from the get go.

More helpful hints to pricing your home to follow….Check back!


Posted by Barbara Dees-Earley on November 28th, 2009 9:13 AMPost a Comment (0)

Selling Your Home Takes Work….Part 4
November 22nd, 2009 8:51 PM
Selling Your Home Takes Work….#4

Curb Appeal and Staging……..goes a long way. A potential Buyer’s first impression is curbside. Make sure you have paid close attention to the outside otherwise when a Buyer looks at your home either on the Internet or when they first drive up, the impression of a well maintained home could be a determining factor. Pay close attention to the yard, flowerbeds, windows, clutter, dirty roof, chipped paint and the list goes on. Staging or setting a scene in each room goes a long way to providing an emotion in the eyes of a potential Buyer. A good Listing Agent can be those set of eyes to give you the constructive feedback, as well as a professional Stager to direct you in setting the scene. Certainly the rewards of professional staging is money well spent and will provide you with a better return than you initially put out. Your Agent can give you a list of Professional Stager’s he or she works with on a regular basis. Remember…Attention to Detail!!! CLICK ON THE TAB ….CURB APPEAL LIST & STAGING YOUR HOUSE.

More helpful hints to pricing your home to follow…..Check back!
And... Have a Very Happy Thanksgiving!!!


Posted by Barbara Dees-Earley on November 22nd, 2009 8:51 PMPost a Comment (0)

Selling Your Home Takes Work...Part 3
November 11th, 2009 4:35 PM

Selling Your Home Takes Work….Part 3

Offer Selling Agent Bonus……..The Agent that brings a potential Buyer to your home is called the Buyer’s Agent or Selling Agent. In today’s market called a “Buyers Market” an added incentive to drive Agents to show your property more frequently may be just the motivation they need to work harder and to get top dollar for your property. I know many of you don’t like the thought of placing more commission in the Agent’s/Agency pockets, but the truth of the matter is, that Agent will work harder to get that property to closing, so ultimately it ends up being a win win situation all around.

Offer Incentives and Perks to the Buyer…..If a Buyer is sitting on the fence mulling over a few properties of interest, dangling a carrot in front of them may just be the determining factor to close. Consider incentives such as, paying “X” amount of dollars toward Buyers Closing Costs, pay for inspections or repairs, or home improvements, allowances or credits toward a particular improvement or upgrade after closing, or prepay property taxes or an annual country club membership fee at closing. Think of perks that would help to close that deal and set your home apart from others.

More helpful hints to pricing your home to follow…..Check back!


Posted by Barbara Dees-Earley on November 11th, 2009 4:35 PMPost a Comment (0)

Did You Miss The Boat on the First Time Home Buyers Tax Credit? Great News...It's Not Too Late!!!
November 11th, 2009 4:33 PM
Good news for those first time homebuyers who thought they had missed the boat on the $8000 first time homebuyers tax credit. President Obama signed the Unemployment Insurance Bill, which contains the Homebuyer Tax Credit extension and expansion.
 
The bill extends the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are now eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as principal residence for five consecutive years in the past eight years. If potential home buyers have a binding contract on or before that date, they will have until July 1, 2010 to close the transaction.

Income limits for eligible home buyers are expanded to $125,000 for single buyers and $225,000 for couples. The purchase price of the home cannot exceed $800,000. To help guard against fraud, buyers are required to attach documentation of purchase to their tax return such as the HUD statement. Remember to put that HUD statement from the closing in a safe place.
 
Click Here to view detailed chart explaining the above modifications to the tax credit. You may also view FAQs by clicking here.
 
The approval of this package will allow our local housing market to continue to stabilize and improve and in turn will hopefully help the economy rebound! Stay tuned for more updates...

Posted by Barbara Dees-Earley on November 11th, 2009 4:33 PMPost a Comment (1)

Selling Your Home Takes Work...Part 2
November 3rd, 2009 6:32 PM

Selling Your Home Takes Work…..Part 2

Pricing Increments……When potential buyers walk into an agent’s office and ask to see homes, they don’t usually ask to see homes listed at $249,700. They usually ask for a range. For example, homes between 225k and 255K. Most likely a Buyer’s Agent will search in 5K and 10k increments. Because of this, always consider pricing your home in ranges where it will drive the largest exposure to potential Buyers. For an example;

Asking price of $249,900 would get you the same exposure as $247,700, but dropping your price to $244,900 would widen the scope of inventory in your market therefore giving you a wider range of exposure.

More helpful hints to pricing your home to follow……. Check back!


Posted by Barbara Dees-Earley on November 3rd, 2009 6:32 PMPost a Comment (0)

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