7 tips to ensure your home sells
Selling a home is quite hard. Most especially if you’ve owned it for quite some time. For sure there are lots of souvenirs on your cabinets or coffee tables which cause your home to appear cluttered. Or perhaps, you haven't been able to maintain the exterior of your home very well. All these things can hugely impact your home's salability. Here are some tips to get your home sold in no time!
Top Reasons to Hire a Professional
Matt Weaver from CrossCountry Mortgage talks about a sensitive and emotional topic. Divorce.
Your Trusted Team
Anytime you can have a trusted team on your side it makes it easier to make a challenging situation more manageable. Divorce is one of those times when you have the right experts it brings the results you want. Equally as important as hiring a good lawyer, having a trusted mortgage professional and trusted real estate agent is also imperative, particularly when there's real estate involved. When you hire a real estate agent, having someone that .can remain neutral and...
Storage and Staging Tips for a Small Closet
If you are preparing to sell your home, you already know about the concept of staging. While most people think about pretty flowers in the front yard and the perfectly set table in the dining room, the fact is that staging is much more than nice lifestyle elements. Staging is something that should be considered throughout the home; it’s creating a scene in which your buyers can envision themselves living a beautiful life.
One of the most overlooked aspects of staging is the closet. All buyers will open drawers and closets, and when they do, you want them to see a spacious place for their belongings. Here are a few tips for staging your closet to...
Home Appraisals Defined
If you are getting financing to buy a home, an appraisal will be required by the lender. The appraiser is there to give an independent opinion of the home's value. When a buyer and seller agree on a sales price, it can be frustrating to hear that the appraisal came in with a value too low. It’s not enough for the principals to agree to the price, the appraisal is the lender’s way to ensure they are not loaning money over the actual market value of the property.
How is the value reached?
Appraisals are not 100% science. There is a human involved so the condition of the home and upgrades are adjusted and that can vary...
What Happens to my Mortgage?
Divorce and Your Mortgage
If you have a mortgage and you are facing a divorce you might wonder what your options are to deal with the situation. There are several ways to resolve the debt on the home and it is important to consider what is best for your situation.
Options to Deal with the Obligation
1. The most obvious is to sell the home which will allow the mortgage to be paid off. It is one of the easiest way to get a fresh start. Depending on your divorce settlement, the equity will be split.
2. If one of the parties is retaining the home, the home can be refinanced by the person keeping the home. This will allow a fresh break for both parties as the prior mortgage will be paid off and the obligaton to pay...
What to Tell the Kids about Selling
What do You Tell the Children?
If you are selling your home, you might be wondering what to tell the children. This is one of the most challenging steps when you decide to sell. It can be scary if this is the first time they are experiencing a move or love their home and neighborhood. How you handle the conversation depends on what is causing the sale of the home.
Is it a relocation, divorce or are you buying your dream home? The reason for the move will likely have a big impact on how it is received.
Tips to help make the move easier:
1. Get the children involved early with the decision to move. Let them know the plan and the steps along the way. If you don't communicate with them, the story in their head...
Should Sellers Offer Home Warranties?
Many buyers are concerned about home repair expenses and a home warranty would offer peace of mind. A home warranty is an inexpensive way to deal with minor issues that can become an issue during the inspection. Some agents suggest that the seller purchase a listing warranty as well as part of the sales process. Understanding the benefits of a home warranty is the first step in deciding if it’s worth the cost to you, the seller.
What is a Home Warranty?
A home warranty is a policy that covers the cost of repairs to a number of critical systems in the home. While coverage varies, most cover electrical, plumbing, heating, air conditioning, and appliances. Some optional coverage could include pool and spa, roofing and code protection among others. In the event that a home buyer has a problem with any of the...
What Should I do with the House?
One of the most important decisions when getting a divorce is what to do with your house. This is a hard decision for many divorcing couples. There are many reasons that the house becomes a big issue for many couples as it represents so much more than just real estate. Divorce and real estate can be a very stressful and emotional time. Figuring out what to do with your home while dealing with disolving your marriage adds to the complexity of the situation.
Check on the “Whys”
Checking on why you want to keep the home is helpful. Few people realize that they are mourning three things all at once. Those that hold on so hard to the property usually do so because of fear of losing the memories, the changes that face them today, and even...
Divorce and Your Equity
Protecting your equity is always a good idea when selling especially when getting a divorce. When you are having the proceeds split in 1/2 it impacts the funds that you will have to buy your next home. Here are the steps that you can take to put the most money in your bank account.
Remove the Distressed Feeling
Do not start dividing and removing furniture and art from the home. Empty rooms and closets scream divorce. If you have empty closets, move clothes around so it is not obvious that a separation has happened. It is nobodies business of your personal situation and that information could financially harm you during negotiations.
Staging a Great Investment
Staged homes sell faster and for the most money. You...
6 Reasons why you should sell your house after divorce
“Bad things do happen; how I respond to them defines my character and the quality of my life. I can choose to sit in perpetual sadness, immobilized by the gravity of my loss, or I can choose to rise from the pain and treasure the most precious gift I have - life itself.” - Walter Anderson
Many say home is where the heart is, a home is a place where you feel comfortable and safe. The emotion that you have with your house is strong. It is where your kids grew up, with pencil marks on the walls reminding of their past, it is where you had many happy hours and memories.
Despite all this, every journey has its ups and downs, junctions and stoppages. When life sets new challenges for us, we should accept it wholeheartedly.
After the divorce, we feel shaken from inside, as if life turns...