Meg Burke's Blog
Let's face it – selling your home has been a long, complex and stressful journey. Now, you're only 24 hours from finalizing the sale of your house and moving on to the next chapter of your life.
Although most of the home selling process is complete, a homebuyer still needs to finalize the home purchase agreement. As such, there are several things that you may want to do before a homebuyer completes his or her final walk-through of your residence, including:
1. Clean Your Home's Interior
A messy interior is unlikely to ruin your home sale. At the same time, it is always better to err on the side of caution and provide a homebuyer with a fresh, clean residence that he or she will be able to enjoy instantly.
Spend some time mopping the floors, wiping down the walls and ceilings and ensuring your house's interior looks pristine. By doing so, you can minimize the risk that a homebuyer will find last-minute problems that could delay his or her home purchase.
2. Remove Your Belongings
If you have any belongings still at your residence, you'll need to remove them quickly.
When it comes to last-minute moving, you may need to rent a moving truck. With a moving truck at your disposal, you can remove items from your property and put them in storage or move them to your new address.
Also, don't hesitate to ask family members and friends for assistance. These loved ones may be able to provide a helping hand as you prepare to relocate from your current residence. Plus, they may be able to help you alleviate stress as you wrap up the home selling cycle.
3. Cancel Any Home Services
Contact your home cable, internet and telephone service providers to inform them about your upcoming move. You may be able to move various services to your new address, or you may need to cancel some of these services entirely.
Don't forget to contact any utilities providers as well. That way, you can avoid the risk of utility bills after you leave your current address.
4. Consult with Your Real Estate Agent
Your real estate agent has been a game-changer throughout the home selling cycle. As the home selling process draws to a conclusion, your real estate will continue to do what he or she can to ensure you can get the best results possible.
If you're uncertain about what to do to get ready for a home closing, be sure to give your real estate agent a call. This housing market professional will provide details about how the home closing process will work so that you can plan accordingly.
Moreover, your real estate agent is happy to respond to any home selling concerns, at any time. He or she will go the extra mile to provide you with the home selling support you need.
Get ready to finalize a home sale – use the aforementioned tips, and you'll be able to prepare for a home closing.
If you plan to sell your house in the near future, it often pays to focus on your garage. In fact, doing so may help you find innovative ways to differentiate your residence from other available houses and boost your chances of a fast, profitable home sale.
Ultimately, there are many quick, easy ways to transform an ordinary home garage into an exceptional one – here are three tips to help you do just that.
1. Remove Clutter
From rusty automotive parts to assorted paint cans and tools, your garage may be filled with a wide range of excess items. However, if you spend some time decluttering, you can cut down on excess items and improve your garage's appearance.
Separate must-keep items from excess ones in your garage. Then, if you have an abundance of clutter, you can host a yard sale or list excess items online.
Furthermore, if you're struggling to get rid of garage clutter, you may be able to donate some items to charity. By doing so, you can do a good deed and eliminate clutter from your garage at the same time.
2. Perform Deep Cleaning
A neat, well-organized garage can make a world of difference in homebuyers' eyes. Thus, you should focus on cleaning your garage from top to bottom.
Sweeping the floors usually offers a great starting point for garage cleaning. You also can wipe down tool benches and other garage surfaces and vacuum your garage as needed.
In addition, don't forget to err on the side of caution as you clean your garage. And if it's been many months since you last cleaned your garage, you should wear goggles, hand protection and a face mask while you clean.
3. Consult with a Real Estate Agent
When it comes to getting a home garage show-ready, hiring a real estate agent is a must. With a real estate agent at your side, you can find the best ways to enhance your house's appearance both inside and out.
Typically, a real estate agent will meet with you before you list your house. He or she then will examine each area of your home – including the garage – and offer honest, unbiased home maintenance and improvement tips. That way, you can prioritize various home upgrades.
A real estate agent will even provide expert support throughout the home selling journey. For example, if you need extra help cleaning your garage, a real estate agent can put you in contact with professional home cleaning companies in your city or town. Or, if you're unsure about how much your home is actually worth, a real estate agent can provide housing market data to help you price your residence appropriately.
Unfortunately, home sellers sometimes ignore garage cleaning as they prep their residences for the real estate market. But with the aforementioned tips, you should have no trouble upgrading your garage and transforming this area into a key differentiator for your home.
Persistence may prove to be exceedingly important to a home seller. In fact, a persistent home seller may be better equipped than others to reap the benefits of a fast, profitable property selling experience.
Now, let's take a look at three tips to help you become a persistent home seller.
1. Analyze the Real Estate Market
Persistence and confidence often go hand-in-hand. And if a seller allocates time and resources to learn about the housing sector, he or she can build the confidence needed to remain persistent throughout the home selling journey.
Take a look at the prices of available houses in your city or town that are similar to your own residence. By doing so, you can see how your house stacks up against the competition and identify innovative ways to differentiate your residence from the pack.
Furthermore, it may be beneficial to look at the prices of recently sold residences in your area. This housing market data can help you determine whether you're preparing to enter a seller's or buyer's market.
2. Set an Aggressive Initial Home Asking Price
A persistent home seller will take a data-driven approach to establish a competitive initial asking price for his or her residence. That way, this seller can set an aggressive home price that will help his or her residence stir up plenty of interest as soon as it becomes available.
Conducting a home appraisal offers a quick, easy way to receive an expert property valuation. It usually only takes a few days to receive a home appraisal report. Once a seller has this report, he or she can use it to set an aggressive initial home asking price.
3. Hire a Real Estate Agent
Even a persistent home seller realizes that he or she may struggle to navigate the home selling journey alone. Thankfully, if you hire a real estate agent, you can receive comprehensive support at each stage of the home selling cycle.
A real estate agent is committed to helping a home seller enjoy a seamless property selling experience. He or she will work directly with a seller and keep him or her up to date throughout the house selling process. As a result, a home seller and real estate agent together can maximize the value of any house, at any time.
In addition, a real estate agent is resourceful and will do whatever it takes to promote a residence to the right groups of buyers. He or she will host open house events and home showings and provide a property seller with plenty of feedback. Best of all, a real estate agent maintains constant communication with a house seller. And if a seller has questions, a real estate agent is ready to answer these queries.
For home sellers who want to achieve the best-possible results, persistence is paramount. With the aforementioned tips, anyone can become a persistent home seller and boost the likelihood of a successful house selling experience.
Buying a house is arguably the most expensive purchase most people will make in their lives. With real estate prices steadily rising year after year, many Americans are finding ways to save on housing.
At the same time, rent prices too are increasing, especially around metro areas where many young Americans are entering the workforce. With costs rising and wages stagnating, it can be hard to find an affordable place to live while still building equity that can be used later on down the road.
One option that many Americans are considering is the fixer-upper route. However, it takes know-how and a lot of hard work to make this method a good choice to save you money. In this article, we’ll tell you how to make certain buying a fixer upper is a good idea and what costs you can expect along the way.
Adding up the costs
Buying a house that needs work means you’ll need to spend a good amount of time calculating costs and getting quotes from professionals. Even if you’re familiar with several home maintenance tasks, there are some jobs that are safer if left to the pros. This isn’t only a matter of physical safety, however. If you start a job that you aren’t qualified to finish you could end up paying much more than if you had just hired a licensed professional to do the job in the first place.
When estimating costs for reparations and renovations, aim high. It’s better to plan for it to be more expensive and have more left over than to underestimate your projects and go over budget.
Get an inspection report
If you aren’t sure whether or not you want to go through with a deal, make sure you have an inspection contingency clause in your contract. This will enable you to back out if the home inspector makes you aware of any costs that you weren’t told about by the seller.
Don’t forget added costs
There are several closing costs you’ll be responsible for as a buyer. Make sure you keep tabs on how much you can expect to spend closing on the home. If you’re going through a mortgage lender, they are required to give you an estimate of closing costs.
Once you know the purchase price of the home and the closing costs, make sure you account for other aspects of your renovations, such as getting required permits.
If you do plan on taking out a loan to cover the cost of renovations, be smart with how you get and pay back that money. One option is the FHA 203(k) loan or renovation loan.
Renovation loans help you save on closing costs and simplify the lending process by giving you one loan that accounts for the cost of the renovations and of the home itself.