4 Tips to Help Sell Your Home

selling your house

Selling your home isn’t always easy.  Often it’s a time-consuming project that could leave you feeling drained and thinking you should have never started the process in the first place.  Don’t despair, though.  We have connected with Arbor View Properties of Atlanta, Georgia, to give us insights on what you can do to help sell your home.

Below are four tips that will help you shed a positive light on your home for prospective buyers.  Just remember, it’s important to pay attention to the details to make sure your viewers will have no doubts that your house can be the home of their dreams.

#1 Show it at the right times

Believe it or not, every house has its own viewing schedule. Regardless of how neat and clean your home is, there are times of the day when your home looks better. For instance, if your home faces the east, chances are there is more light flowing through the windows in the morning. On the flip side, if the house is facing the west, the later afternoon or evening hours will shine more light into your home. Simply displaying the amount of natural light that can fill your home can make a massive difference on how pleasing your home is.

If, on the other hand, your home doesn’t get that direct sunlight, then you need to focus on giving your home its best look on the outside, First impressions are important and though most people won’t buy a home based on first impressions, they certainly have no problem walking away from a home based on first impressions.

Once inside, though, you need to make sure you highlight the best features of your home. This is especially true if your home has features that aren’t common in the area. Make sure everything that is special about your home makes people talk.

#2 Keep your home clean and remove all odors

Cleanliness is key to selling your home. Whether or not you live in the house you are trying to sell, you want to make sure the house is clean, tidy, and well ventilated. Two things can turn away a potential buyer quick – a dirty house and a stinky house. Every house has distinct smells, but if your house is going to be shown, make sure to take the time to remove items that can give off strong odors and open windows when possible.  Check out this article on Good Housekeeping for more tips on how to deodorize your home

Keep in mind that the viewer wants to be able imagine owning and living in your house. If there are clothes strewn about, dust collecting everywhere, and unknown smells wafting throughout the house, no one is going to be able to imagine living there.

Make sure you take the time to clean every corner of the house before the house is opened to be viewed. If you don’t have the time to handle it yourself, hire a cleaning company.

#3 Remove personal items

Remember, potential buyers are going to try to imagine living in your home. It’s a lot tougher to look at a home as yours if its littered with someone else’s personal items. These items include the likes of family photos, trophies, or anything else that would be considered personal in nature.

This doesn’t mean you have to remove these items from your home while you are showing it. Just put them away out of sight. Allow the illusion of the home being unoccupied so the viewer doesn’t get the feeling they are intruding in on your home and life.

#4 Highlight the land and location

When someone is buying your house, they are also buying the land and making a decision to move to your town or city. If there are features on your property that make it stand out above and beyond other homes in the area, make sure you let your viewers know about this. It could be the difference in selling your home fast or not.

At the same time, make sure your selling agent is familiar with the area. He or she should know all of the nearby amenities as well as important places like schools, hospitals, and shopping centers. Armed with this knowledge, your agent can help paint a picture of why your home is a great choice for any buyers.

Of course this isn’t the total picture, but it should give you an idea of a few things you need to do to prepare to sell your home.  And as always, if you’re looking to sell your home fast, you can reach out to a company like Arbor View Properties who specializes in buying homes fast while cutting out the middle man of a real estate agent.

Real Estate Strategies – Thinking Outside The Box

We know that once the boom has gone out of the real estate market, we have to adapt our profit-making strategies to fit. It’s no longer enough to make a few cosmetic repairs and depend on the market values to push up the price like we did when there was a boom on.

After some time it will become a little more challenging to find the right kind of real estate to purchase. Remember, before the market flattened it was okay to do some light cosmetic fixes that would make the home look better without costing too much and thus eating into our profits.

Now we have to realize we are not going to make huge profits for next to nothing. We are going to have to do a bit more work and start to think outside the box when it comes to fixing up the house. Now we are relying totally on the sweat equity principle to make a profit. This means that it is only what you do to a house that will bump up the price and still make the buyer view it with favor.

We learned from SaltLakeHouseBuyer.com, when you buy a run-down property, you still need to make sure that it is structurally sound. It may look hideous; it may even smell disgusting, but that’s good news for you. That’s what will turn the other buyers off and give you a good price. And you are going in with the idea of fixing those problems.

Understand that Mr. and Mrs. Buyer don’t want to spend money on repairs in addition to their purchase price. They want a home that is ready to be lived in. Hey, it’s been enough hassle just moving; who wants any further problems renovating?

So when you purchase that home that no one else wants, think outside the box to find how you can renovate it to make it absolutely brilliant. Forget new carpets and paint and look at some structural alterations. That doesn’t necessarily mean tons of money.

Look at the layout. You may be able to add an ensuite to the master bedroom. That will jump your value up tremendously. Look for another area that can be used for a family bathroom. Try replacing a blank wall with picture windows. This could open up the home to a view that people may not have realized was there.

Look for original cladding. Restored to pristine condition, it may give the home value that was previously unthought of.

Another great move is to use garage space for an extra room – a family room or an extra bedroom perhaps. Install a carport to replace it, or if it’s a two-or-more car garage, use half for the extra room and keep the rest for the car.

You may be able to add a deck out the back, with sliding glass doors onto it from the house. Or maybe the house would have better curb appeal if you pulled down that filled-in front porch. These are the kinds of things to look at when you want to add lots of value to bump up your price.

Real Estate Investing – Which Is The Best Strategy For You

Even in a softening market, real estate can be a lucrative venture for investment. According to Fort Lauderdale real estate investors, MBBW Property Investments, you need to have a solid strategy before starting out. Investors face 3 problems from the get-go:

1: Most “gurus” promote ideas/strategies that worked when the market was hot. You need to investigate if the “strategy” the pros are telling you about will actually work in the current market. Not only that, what they tell you may not fit in with what you’re able to accomplish. Factors such as time and skills need to be considered. What works for one investor may not work for another.

2: Most investors lack a clearly defined objective. How will you be able to work toward a goal if you don’t have one? This is true with most things in life. Unless you know what you’re working toward, how will you know what you need to do to get there? You may end up spinning your wheels and wasting time unless you have a well-thought-out goal.

3: Investors seem to be looking for the elusive “magic bullet” solution (here’s a hint: there is none!). There is no quick-fix for any situation. Especially in an investment situation, sustained profits will only occur as the pay off for the time put in from the beginning. Plus, a strategy that works in one market may not be appropriate for another. You need to research what will work for your market.

Ultimately, you need to decide what you want out of your investment. Some strategies aren’t as risky as others; they also will not yield as high a profit. The riskier strategies may simply be too time-consuming and complicated for you to take on at this point. You need to move with a plan that is right for you.

Far too many real estate investors get sold on the “get rich quick” hype. As a result, they waste years running around like headless chickens from one scheme to another, and in the end, have nothing to show for their efforts. The truth is that over 90% of your success will come from finding a strategy that suits you… and sticking to it! Yes, and while we’re at it, let’s get real nasty: Real estate investment requires time, dedication and hard work. If you are unwilling to accept this, then perhaps it isn’t for you.

Real Estate Foreclosures

If you have ever watched the evening news or read the newspaper, you are bound to have come across the term foreclosure in at least one point in your life, but that doesn’t necessarily mean you know what they are. Foreclosures occur when there is still a mortgage on a house and the owner of the house is unable to pay the mortgage.

At this point, the lender goes to court and files a public default notice. The bank or mortgage company does not want the property, they just want their money. Either the owner of the house can auction it off or the bank or Mortgage Company that acquires the house will auction it off. In foreclosure, a lender gets back the money owed on a defaulted loan and gets ownership or right to sell the property on securing the loan.

Reasons Why Foreclosures Occur

There may be many reasons why foreclosures occur. The most common reasons may be death, divorce, or bankruptcy. It may also be because the owner took on too much loan and the payment amount is spiraling out of control. Many real estates are sold on auction but there are many which are sold on the traditional real estate market.

Pre-foreclosure

Although foreclosure is the most widely heard term in the real estate market, there is a period at the beginning of the process, where the property owner still has the chance to re-establish his loan if he pays off the default amount. This payment is made during what is called the grace period, or pre-foreclosure period, which is determined by the law of the land of jurisdiction.

The borrower or owner can also dispose of the property during this pre-foreclosure period. They can repay the loan and there will be no foreclosures in his or her credit history. Otherwise, the lender can then legally own the property by entering an agreement with the borrower or owner during the pre-foreclosure period. If an auction ensues, the third party buys at the end of the pre-foreclosure period.

Where to Find Foreclosures

If a person wants to purchase just the right real estate foreclosure, they may want to visit online real estate foreclosure listing services, classified newspaper ads, and keep their eyes and ears always open to their surroundings. There are also judicial foreclosures and this is the sale of the mortgaged property under the jurisdiction of a court. The resultant proceeds go into satisfying the mortgage.

Profiting and the Foreclosure Process

Many people buy a home thinking it will appreciate and its value will increase but when the reality is debt, the story is different. There is the possibility of the foreclosure on the property. Real estate foreclosures are very lucrative and the buyers can make good money. A real estate foreclosure means you are obtaining the property at a lower cost and reselling it at a higher price. The mortgage and the ensuing process are very long drawn and that is why mortgage companies or the banks do not want to get these foreclosure properties.

Now you know the truth behind real estate foreclosures. Depending on what side of the foreclosure process you are on they could either be a nightmare or an opportunity for profit. Stay informed and you will never find yourself on the wrong side of the fence when it comes to your real estate investment.

Types Of Mortgage Loans

While there are many different types of mortgage loans available at present, they can generally be grouped into two kinds: fixed rate mortgages and adjustable rate mortgages. The decision to go with a particular mortgage loan depends on your present situation and the amount of risk that you are willing to take. Below we outline some of the advantages and disadvantages of both types of mortgage loans and a few ideas on how to choose the mortgage loan that is right for you.

Fixed Rate Mortgages

Fixed rate mortgages are generally better options if security and stability are your primary concerns. Since fixed-rate mortgages have a predetermined interest rate throughout the entire course of the loan, you will know exactly how much you have to pay every month. Hence your monthly principal and interest payment will remain unchanged for the duration of the mortgage. While some adjustable rate mortgages have an introductory period during which the interest rate is fixed, a truly fixed rate mortgage has one interest rate for the entire term of the mortgage loan.

One disadvantage of fixed rate mortgage loans is that they typically have a higher interest rate than an adjustable rate mortgage. In general, the longer the term of your mortgage loan, the larger the premium between a fixed and adjustable rate mortgage. If the mortgage borrower plans to stay in their house for many years and believes that interest rates may go up, then the premium today could be a substantial saving tomorrow.

Adjustable-rate mortgages (ARMs) Adjustable rate mortgages do offer lower interest rates at the outset, but interest rates and payments will likely change in the future. With adjustable rate mortgages, the interest rates are dependent on general interest rates or what is known as an index. There are many adjustable rate mortgages that can be considered hybrid mortgages, in that they offer fixed interest rates for a period of 1, 3, 5, or 7 years. But another type of ARMs can reset at much more frequent intervals. If a homeowner knows that they will only stay in their home for a few years, then a hybrid adjustable rate mortgage loan may meet their needs. It’s always important to keep in mind, however, that payments on adjustable-rate mortgages could increase when the interest rate resets. Many ARMs, however, impose limits on how high-interest rates can increase during an adjustment period.

Choosing the right mortgage loan for you How do you make a decision on which types of mortgage loans to go for? As we mentioned at the start of this article, that decision is dependent on the risk that you are willing to incur and your present situation. If you want the peace of mind that comes from knowing exactly how much you will have to pay every month, fixed-rate mortgages present the safer alternative. Adjustable rate mortgages may be more affordable at the beginning, but there are more risks involved. In any case, careful comparison shopping will help you decide which mortgage loan will best suit your needs.

Real Estate Companies Guide

Real estate is probably one of the most profitable and successful business industries of the world today. So it is not a surprise that so many people all over the world try to become a part of this industry. Some people just invest their money in real estate, others buy or sell realty to have some extra income for their family, there are also private real estate agencies helping their clients to make transactions with real estate. But there are also big and not very big real estate companies providing a wide range of different services to people dealing with real estate. It would be difficult even to imagine today’s real estate market without real estate companies that can be found not only in big cities but even in small towns.

Many of real estate companies that work in this promising business have a good professional history and much work experience in this area, they provide such services as brokerage, leasing, financial services, management, and mortgage services, they can help their clients with problems and issues concerning real estate law and real estate investing. Other real estate companies can offer also such services as title insurance and closings, land development, appraisal and corporate relocation etc. In other words, if you come over real estate companies with good reputation and experience you can solve all the problems concerning real estate or at least to get a professional consulting on this topic.

Real estate companies are often chosen based on the recommendation of friends or advertisement in the paper/magazine/TV etc. But it is recommended that you be careful when choosing the best real estate company for you because in the long run, it can save you both time and effort in finding the perfect realty at the most suitable price (or selling your home for biggest profit). First of all real estate companies must have a license given by the state. It can guarantee you that you pay money to the company and your rights will be protected. Besides, real estate companies can’t get a license to run this business if their staff doesn’t have enough qualification and experience.