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Showing posts from December, 2012

A Good Feeling House

When selling a house, empathy for the buyer can be helpful. Put yourself in the buyer's shoes and think about what you would like to see if you were walking into the home. Create the lighting and aromas that would entice the buyer into purchasing your home.

When your home is up for sale and potential buyers are coming to look it over, run a load of laundry before they arrive. Scent is a powerful influence on moods and impressions. The idea of baking cookies for potential buyers is practically a real estate cliche. The scent of freshly-laundered clothes gives a similar positive, domestic impression, without seeming trite.
As you are preparing to sell your home, give some extra attention to your front door. A buyer's impression of your home begins at the front step. Give the door a fresh coat of paint or replace it all together if it is scratched and dented. You want the buyer to enter your home with good feelings.
Knowing how to sell in today's' market is extremely vit…

Stage Every Room

In almost every area there will be multiple homes for sale at the same time. You have to make sure to take some steps to have your home stand out from the rest of the pack.
When selling your home, stage every room so that it has a purpose. Buyers don't want to be confused by a room that might be an office or might be a playroom. Pick one purpose and stick to it. Use furniture that is appropriate for that purpose and add a few decorative touches as well.
Try to focus on what you know when you are selling a home. Do not spread yourself too thin and deal with types of real estate you have little familiarity with. If you know about small apartments, sell a small apartment. If you know about houses that are fixer-uppers, sell a fixer-upper. TeamLund is very familiar with the Sacramento area and we can help you sell any type of dwelling.

Cinnamon in the Paint

In this article, find out some great tips about how you can cater to homebuyers and give them exactly what they're looking for.

If you paint the interior of your home in preparation for selling it, try mixing a little cinnamon oil into the paint. This will give your home a deliciously cinnamon scent that has been proven to encourage potential buyers to buy! Alternately, you might set up a potpourri pot with simmering cinnamon sticks to entice your buyers!
Check your local laws regarding the condition you must leave your home before turning it over to a new owner. If you are the seller, some states require that the house be "broom swept" before switching hands. The terms are usually ambiguous so make sure to review your purchase contract and local by-laws.

Advice For Pet Owners

If you know that you have a pet that can be aggressive at times, then it may be a good idea to find somewhere else for them to be when you are showing your home. Having your pet jump on someone might  make a potential buyer decide not to make a purchase.
When selling, keep your house staged in a ready state to attract buyers. People want to be able to imagine themselves in a home when they are considering buying. A warm home still filled with pictures, and furnishings will allow the prospective buyer a chance to see their items in place of yours. A cold, empty sterile property is not an inviting place to live. Make sure that there are not overly strong pet odors. If you do have a pet it might be a good idea to invest in an air freshener.

What to Take Down & What to Write Down

When getting your home ready to get listed, be sure to take down any types of personal information you have out. This includes pictures, diplomas, your child's report card, and so on. By doing this, you allow your potential buyer to see him or herself living in your home.
Put everything in writing. Listing down your home buying or selling goals and important dates is always a smart thing to do. Keeping track of what you hope to accomplish can really get you motivated. Write your goals down as well as dates and times of house tours you may have given or taken.

Stay Tech Savvy

Find an agent that knows how to market and how to advertise your house in the most productive way. A good real estate agent can make a huge difference in the price you get, and how long the home is sitting on the market. Get referrals from friends and neighbors, and make sure you ask for references. TeamLund is very familiar with the Sacramento market. See our testimonials at http://teamlund.com/Testimonials/?ID=5621.

When remodeling your home remember to stay tech savvy. Creating an infrastructure such as high speed cable and wireless systems can make the value of your property go way up. As society becomes more dependent on technical devices, the demand for these upgraded properties increases.

Experiences in selling real estate can vary widely depending on each situation, but the knowledge gained from this article will be able to help you in your selling venture.

Should you buy a home during the holidays?

Once Thanksgiving is over, the real estate world typically starts to wind down for the holidays and doesn’t usually reawaken until after New Year’s.

But potential home buyers who are prepared to close in today’s competitive market may want to keep house hunting while everyone else is waiting for spring. Making sense of the story REALTORS® especially recommend that serious home buyers continue shopping if they have repeatedly lost out on deals because of a limited and continually decreasing supply of homes. Buying intensity typically cools down at the start of fall through early January, which could increase the odds for those with more patience.

Would-be buyers historically have bowed out during the winter season because they are overwhelmed by holiday spending and commitments. There’s also the aversion of moving in the middle of a school year. Consumer interest typically picks back up again in the New Year and peaks in the spring. Certain buyers may be well-served to b…

A soon-to-expire tax break for troubled homeowners is helping drive a spurt in short sales

During the three months ended Sept. 30, short sales in which homeowners had fallen behind on mortgage payments soared 22% over last year, according to a report released Thursday by online marketing company RealtyTrac. By comparison, short sales by people current on their payments went up 17%. In a short sale, homeowners sell at a price that is less than what they owe the bank, and the bank agrees to absorb the loss. The bank unloads the house and the homeowner gets out of a mortgage he can't afford. And currently, homeowners don't have to pay federal tax on the unpaid mortgage debt because of a bailout-era law known as the federal Mortgage Debt Forgiveness Act. But the act expires on Dec. 31 and, unless it is extended, the IRS in January will start treating unpaid mortgage debt as taxable income for many borrowers. The average amount of forgiven debt in a short sale is about $95,000, according to Blomquist. The tax on that could go as high as $33,250, even more if the Bush…

Short Sales at 3 Year High!

Research shows that Short Sales reached a three-year high in 2012 and will continue to trend positively in 2013. Short Sales are becoming even more popular for Lenders and Servicers because they provide relief from foreclosure and save both time and money. Effective November 1, The Federal Housing Finance Agency (FHFA) for Fannie Mae and Freddie Mac established new guidelines that expedite the Short Sale process for Lenders and Borrowers.