Top things you can do to make your home more appealing WITHOUT spending a lot of money.
We often talk about how different a real property purchase is from buying personal property. There is a whole lot more paperwork to start with! However, there are also a few similarities. For example, if you’re selling your car, you do everything you can to make sure it looks its best in hopes of appealing to potential buyers.
Believe it or not, some sellers don’t subscribe to that same belief when selling their home, which can cause buyers to pass them by. A few minor touches can make the difference in convincing a buyer that your home is the right home.
Don’t I need to hire a professional staging service?
While professional home stagers and interior consultants can provide valuable information on exactly how to “stage” your home to make it more appealing, it’s not completely necessary. However, a good consultant can help to maximize the space and possibilities of your home in a buyer’s eyes.
If your budget doesn’t quite have room for a professional, you should still consider these tips before the door is open and the buyers come pouring through. Continue reading Drawing Buyers Into Your Home Through Proper Staging
January sees highest number of loan applications since 2008.
With mortgage rates holding at below 4 percent for the past few months, it’s no wonder home buyers are seeing the opportunities available to them in the form of greater purchasing power.
According to the Mortgage Banker’s Association, nationwide mortgage applications were up 49 percent as of the week ending January 9th 2015, which is the largest increase since 2008. What’s interesting about this phenomenon is that it flies in the face of predictions made by some financial analysts who predicted mortgage rates would rise.
So why have mortgage rates remained low despite predictions?
We’ve seen the foundations of not just an economic recovery, but a true rebound in the past 12 months. Nationally, unemployment rates have dropped, while the GDP (Gross Domestic Product) surpassed expectations in the latter part of 2014. Stocks have been strong, as have Mortgage-Backed Securities. Strong investment in the stock side of real estate has helped maintain low rates as well. Consumer confidence has also soared in the wake of lower gasoline prices, putting more money into peoples’ pockets. Continue reading Low Rates Spur Huge Jump In Mortgage Applications
If you’ve never sold a home before, here are a few ideas that can help you sell faster, and for more money.
In our last article, we tackled Five Awesome Tips For First Time Home Buyers. This time around, we’ll take a look at first time home sellers.
The real estate market is constantly changing. Not only in how home prices rise or fall, but in how business is done. Selling a home provides a totally different perspective from buying a home. In some cases, the real estate market has changed drastically from the time a homeowner has purchased his or her home. Laws may have changed, as have contracts and addendums. In some cases, the market may even be a very different place than it was when you bought your home.