U.S. prices of single-family homes continue to rise... read on Here is a complete survey about what the nation's position on the timing of buying and selling. The higher percentage of participants in the survey feel it is a good time to Buy and Sell real estate. 352273048-2017-Q2-Homeownership-Opportunities-and-Market-Experience-HOME-Survey For the complete article: http://economistsoutlook.blogs.realtor.org/2017/08/29/instant-reaction-june-owners-gains-forecast/Read more
Some people wait to buy a home until they have 20% down payment to avoid paying the mortgage insurance which is required by lenders when the loan-to-value ratio is greater than 80%, with the exception of VA loans. To illustrate a typical situation, let’s assume that buyers have $10,000 for a down payment on a…Read more
For more information contact: Joe Bowling NMLS# 72069 email@example.com Direct - 678-695-8552 Fax – 866-546-7950. Toll Free - 866-637-4568 Source for rates: Mortgage News DailyRead more
by Laurie Whitehead
As we’ve all noticed living in town Atlanta, the inventory of homes for sale is extremely low which in turn means, if you’re contemplating selling, now might be the perfect time! If priced right, not only will your home most likely be on the market for fewer days, but the odds of receiving multiple offers may increase which could drive up your sales price. And what seller doesn’t want a higher sales price? As a seller, your goal is to sell your home as soon as possible at the highest price possible. In order to accomplish that goal, even in a low inventory market, there are items you need to do even before listing.
Make sure your home is sale ready before listing it on the market.
*Any items you were planning to do anyway like painting interior or replacing carpet should be done before listing. It’s amazing what a fresh coat of paint can do to approve not only your home’s appearance, but it's value without breaking the bank.
*Curb appeal really matters!!! Many buyers won’t make it inside your house if the outside does not appeal to them. First impression is everything here. Make sure you spruce up the lawn, weed, trim shrubs plant flowers and do any exterior repairs to spruce it up. A fresh welcome mat is always an inviting touch too!
*Depersonalize your home by creating a neutral environment. Do this by removing any objects that reflect your own personal choices and lifestyle.
*Declutter your home. We at the Home Team will come in and access the interior of your home and assist you in decluttering, furniture placement and provide staging items you may need to beautify your home at no additional cost to you.
*Clean your house like you’ve never cleaned before. If you can afford it, hire a professional service to do a deep cleaning to your home. It’s money well spent since a clean home gives the impression that the property has been well maintained.
*If at all possible, put your house on the market during the spring or fall, when the most buyers are home searching. Keep in mind that the longer your house sits on the market, the less likely you are to get the best price.
*When determining a price, do your homework. The Home Team will provide comparable homes sales in your area to determine the accurate price point to sell your home quickly. While we all want to get the maximum amount for our home, over pricing will cause the home to sit on the market even in a hot market. When a home sits on the market, buyers tend to question why which usually lends itself to a lower offer price when an offer is finally made.
*Have professional pictures taken of your home. I can’t tell you how many times I’ve gone on line to preview a house for a client and the pictures taken were horrible. Many times pictures determine whether or not a home is shown. It’s crucial that they highlight the best features of your home. We at the Home Team include professional pictures at no additional cost that will enhance the look of your home which in turn means more showings.
As a homeowner, tackling the items above before listing your home will give you the competitive edge needed even in a low inventory market. Putting in the work will allow you to reap the rewards!!!
Trulia is a great source to learn more about different areas. Here is some of what they had to say about the ATL.
Read the full story here: http://www.trulia.com/blog/local-love-atlanta-edition/
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