3 Costly Mistakes When Selling Your Home

Selling your home could be a challenge for a multitude of reasons, but if you listen to the experts and follow basic rules your home has a great chance of selling quickly. It can be difficult to put aside the emotional attachment many people have with their home in order to show it to buyers effectively. When there are many homes on the market in your area, you want to make sure you have done everything possible to make your own home appealing to buyers. Once you have made a firm decision to sell your property, it is essential that you research the market for a great selling price and advertise your property effectively. I have listed three major mistakes people make when selling their home.

 

Mistake #1 –…

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If you are preparing to buy a new property, you may be closely reviewing the many listings available in your local area that fall within your desired sales price range. In many markets, this includes both single family homes and condos, and you may be wondering which option is ideal for your needs and budget. There are key differences between these two property types, and a closer look at the pros and cons of each option may help you to determine which type of property you should focus your attention on.

 

The Proximity of Your Neighbors

A single family home generally sits on its own plot of land, and there are usually several feet of land surrounding the home in all directions before the property line. Likewise, neighbors usually have several…

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The real estate market is hot in a lot of areas around the country. With the strength in the housing market, some buyers are having trouble affording homes in the area they want to live in.

 

One of the best ways to save money on the purchase of a home is to buy an older one. However, there are a lot of potential issues that come along with purchasing an older home. As long as you know all of the risks, this can be a great way to save money. Here are some of the most important aspects to consider when buying an older home.

 

 

Age of the Roof

 

One of the most expensive things in a home to replace is the roof. There are a lot of people who do not have the cash on hand to replace their roof all at once. If the home you are purchasing…

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If you're planning to buy a home, you're most likely going to need financing or a mortgage. Because your mortgage will affect your finances for many years to come, it's important to make sure you understand your options and choose a mortgage program that will best fit your needs. Here are 5 common questions about home loans to help you in this process.

 

Q1. What documentation do I need to get a mortgage?

The documentation you need to apply for and qualify for a mortgage will depend on your individual case and the type of mortgage you choose. Still, most documentation requirements are similar. The initial documentation you need to apply for a mortgage includes your Social Security card, your driver's license, one month's pay stubs, W-2s for the…

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A recent survey by Coldwell Banker real estate revealed that two-thirds of its agents found out that homebuyers are interested in homes with smart features and technology than they were just two to five years. This trend is increasing, and research shows that homes with smart technologies are generally more desirable.

28% of U.S adults and 47% of millennials have smart home products and believe that these devices make life more comfortable, efficient and secure. If you are remodeling your old house, add these smart features to give it a touch of elegance and to make it more comfortable. On the other hand, if you are buying a new home ensure that it has these smart features.

Some of these smart home appliances are:

Smart home lighting

This…

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You find yourself at an after-work party when someone starts discussing the events of the day. A topic likely to come up is the real estate market. Someone at the party is either looking to buy a home or sell a home, and the next thing you know everyone is talking about their opinions on the real estate conditions at the time. Before you know it, someone has said "It's a seller's market out there". You nod your head because you don't want to seem as if you don't understand what they are saying. However, the truth is that you really don't quite get it. There is nothing to be ashamed of about that, you just will want to learn these terms so that you are not left sounding uninformed.

 

What Makes Up A Seller's Market?

 

There is not a textbook…

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