RE/MAX Executive Realty



Posted by RE/MAX Executive Realty on 9/22/2019

When it comes to selling a house, there is no need to make rash decisions. Instead, you should review your home selling options closely so you can make informed choices time and time again.

There are many factors to consider as you review your home selling plans, and these include:

1. Your Home's Condition

How your home looks to buyers may have far-flung effects on your house selling experience. If you allocate time and resources to upgrade your house's appearance, you could boost the likelihood of enjoying a fast, profitable home selling journey.

First, you may want to upgrade your house's curb appeal. You can mow the lawn, trim the hedges and perform other home exterior upgrades to bolster your house's curb appeal and differentiate your residence from other properties.

You should clean each room of your house, too. That way, homebuyers may be more likely than ever before to fall in love with your residence as soon as they walk through your house's front door.

2. The Current State of the Housing Market

The current state of the housing market may dictate how you price your home. If you analyze the local housing sector, you can set a competitive initial asking price for your residence.

Take a look at available houses in your city or town that are similar to your own. You then can use this information to establish a price range for your residence.

Also, find out how long recently sold houses in your area were available before they were purchased. This housing market data can help you determine if the current housing market favors buyers or sellers.

3. Your Home Selling Goals

Consider what you want to accomplish during the home selling journey. By doing so, you can map out what you will need to do to achieve your home selling goals.

For instance, if you want to sell your residence as quickly as possible, you may want to establish an aggressive initial asking price for your home. On the other hand, if you want to optimize your home sale earnings, you may want to consider myriad possibilities to promote your residence to as many potential buyers as you can.

For those who want to review their home selling options, you may want to collaborate with a real estate agent as well. In fact, with a real estate agent at your side, you can get the help you need to streamline the home selling journey.

A real estate agent offers comprehensive insights that you can use to accomplish your desired home selling results. Plus, he or she is ready to respond to your home selling concerns and questions. And if you are unsure about how to navigate the home selling journey, a real estate agent can provide guidance to help you make informed decisions.

Ready to list your residence? Consider the aforementioned factors, and you can plan ahead for all aspects of the home selling journey.




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Posted by RE/MAX Executive Realty on 9/22/2019

Do you ever wish that they taught a class in high school called, “Things You’ll Actually Need to Know In Life?” You’d learn how to prepare your taxes, what investing is, and how to buy a home.

Unfortunately, all of these important life lessons tend to be self-taught; you pick them up along the way and learn from your mistakes.

However, it needn’t be that way. Our goal today is to give you an accurate idea of what to expect when you’re buying your first home. We’ll go over a typically home buying timeline and discuss how long each step can take. This will give you a better idea of how long it will take to close on your first home.

Step 1: Build credit and save for a down payment

Estimated time: 2+ years

The first step of buying a home is to make sure you’re financially secure enough to do so. While there are ways to purchase a home with low or no down payments (See FHA, USDA, and VA loans), generally it’s wiser to wait until you have a sizable down payment saved. This will save you money in interest and mortgage insurance in the long run.

Next, you’ll need to start working on your credit. If your credit score took some hits due to late payments when you were younger, now is the time to start fixing those mistakes by making on-time payments and paying off outstanding balances.

Step 2: Have a plan for the next phase of your life

Estimated time 6+ months

One of the most important, and least talked about, parts of buying a home is understanding what it means to own a home. If you have a spouse, partner, or family, you’ll need to be in agreement that you’re prepared to stay in one place for the next 5 or more years.

Buying a home is expensive and you won’t want to go through the process of closing on a home if you aren’t sure you’ll stay. This means making sure your career won’t bring you elsewhere in the near future.

Step 3: Get prequalified and preapproved

Estimated time 1-3 days (depending on how much initiative you take)

Getting prequalified for a mortgage takes minutes. You simply fill out an online form and the lender will give you an idea of the type and size loan you could qualify for. Be forewarned: they’ll also use this information to call and bother you about getting a mortgage from them.

Once you’re prequalified, it’s just a matter of working with the lender to provide the correct documentation for pre-approval.

Getting preapproved takes a bit longer (1-3 days), since it requires a credit check and some work on your part--namely, gathering and sending income verification.

Once you’re preapproved, you can safely start shopping for homes without worrying that you’re wasting time looking at homes that are overbudget.

Step 4: House Hunting

Estimated time: 30+ days

It’s a seller’s market. So, if you’re buying a home right now there is competition out there. You’ll need to dedicate a substantial amount of time to researching homes online, contacting sellers’ agents, and following up on calls. Like before, the amount of effort you put into this process determines how quickly and smoothly you’ll get through it.

Step 5: Making an offer and closing

Estimated time: ~50 days

Average closing times for buying a home has grown to 50 days according to a recent study. However, by securing financing ahead of time and acting quickly, you can drastically cut down the time of these process to as little as two weeks.




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Posted by RE/MAX Executive Realty on 9/22/2019

For home sellers who want to do whatever it takes to enhance a house's interior, depersonalization is key.

By depersonalizing a house's interior, a home seller can make it easy for a homebuyer to envision what life might be like if he or she purchases a residence. That way, a home seller can increase the likelihood of a fast, seamless and profitable home selling experience.

Effectively depersonalizing a home's interior can be simple – here are three areas that a home seller needs to consider to depersonalize a house's interior:

1. Photographs

Although photographs of loved ones, celebrations and family vacations may hang throughout your residence, now is the right time to take them down if you're selling your house.

Removing photographs from all walls and shelves is necessary to effectively depersonalize a house. In addition, don't forget to hide any photographs located in a home office.

2. Antiques

Antiques are beautiful treasures that deserve to be displayed. However, if you're selling your house, it may be worthwhile to temporarily store these items outside your residence.

When it comes to antiques, it is always better to err on the side of caution. If you have priceless treasures that need to be removed from your house, you should allocate the necessary time and resources to store them properly. This will enable you to minimize the risk of damage to your antiques while you sell your home.

In some instances, renting a storage unit for your antiques may prove to be a great idea. Or, if you have a family member or friend who has extra storage space available, he or she may be able to hold your antiques until your residence sells.

3. Artwork

Awe-inspiring artwork can help you show off your unique personality. But if you have bold paintings, sculptures or other artwork in your home, you may want to remove these items while your house is listed on the real estate market.

Artwork sometimes can be distracting, and as a result, may make it tough for homebuyers to imagine what life could be like if they purchase your house. Also, if artwork takes up lots of space, it might be difficult for homebuyers to see the full potential of your living space.

If you need help with depersonalizing your house's interior, you should reach out to a real estate agent for support.

A real estate agent understands how to showcase a residence to homebuyers. As such, he or she will offer honest, unbiased recommendations to help you depersonalize your residence's interior and ensure your home will capture homebuyers' attention.

Furthermore, a real estate agent can serve as your guide along the home selling journey. He or she will set up home showings and open houses, negotiate with homebuyers on your behalf and respond to your home selling concerns and questions at any time.

Ready to depersonalize your house's interior? Consider the aforementioned areas, and you can give your home's interior a fresh look and feel before you list your residence.




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Posted by RE/MAX Executive Realty on 9/15/2019

Buying a home with an in-law suite provides many families with peace of mind for years to come. Whether or not your parents don’t get around as well as they used to or you’re planning ahead for the years ahead, you’ll always be a stone's throw away from them. And while this isn’t a topic most like to think or plan for, it's never one you’ll wish you were less informed on.

When shopping around for homes with an in-law suite look for those that are a single story and open floor plan. Come crutches, walker or wheelchair this layout guarantees its inhabitants full access to every room. No chairlift required.

Some things that are especially beneficial when you’re feeling the effects of age are helpful to those at any age. 

Consider these home upgrades first:

Switch out all door knobs for handles. The twisting action of a doorknob is hard and sometimes even impossible for arthritic hands. But it also makes for easier access to any room if you’re hands are full with a laundry basket, groceries or toddler.

A grab bar should be installed in every bathtub. Everyone is susceptible to the slippery surface of the tub. However, as we age our balance and coordination begins to become compromised. A horizontal bar along the length of the tub can multitask as a grab bar and place to keep shampoo bottles and facecloths. This placement is also more subtle than a bunch of horizontal and vertically placed bars.

Another feature every home should have? A motion-sense light outside. Our eyes are no more immune to age than the rest of our body. This makes getting around in the dark much more difficult. Coupled with balance could cause a very severe accident. If your new home doesn’t already have a motion sense lamp this is one upgrade that is best made ASAP.

Once you have the basics in place consider these upgrades your loved ones will really appreciate:

A hand-held shower head with the option of a waist height wall mount. For when movement is limited and especially for those who need to sit while bathing.

A built-in shower bench. This upgrade is really just a nice touch especially compared to the white metal chairs that feel more like an afterthought.

Textured flooring. Tile can get slippery especially when wet. Installing textured flooring can help avoid that infamous “help I’ve fallen and I can’t get up” scene from playing out.

Railing along the stairs; ideally along both sides. Stairs can be a dangerous place for anyone especially if we are in a hurry or not paying attention. Having a railing to hold on to will help your loved ones keep their balance.





Posted by RE/MAX Executive Realty on 9/15/2019

One of the biggest challenges of putting your house on the market is keeping it clean, organized, and ready for the next showing!

This is no easy task, especially if you have pets, messy kids, and/or a hectic schedule. If you're like most people, you're probably contending with all three conditions!

Although it's human nature to get immersed in our own view of the world, it's helpful to try and see things through the eyes of prospective home buyers. When buyers walk into your house for the first time, they're not going to immediately know about all the improvements you've made to your property or the many ways your home has served your family's needs for all these years. They're not aware of the "big picture" and may never be. They only know what they see, hear, and smell during their brief visit to your home.

Anything which makes a negative impression can sour them on the idea of buying your house. It's a delicate balance and it doesn't take that much to tip the scales in either direction. That's why it's so important for sellers to get into a routine of keeping their house clean, orderly, and well maintained.

It's amazing what a difference 24-hours (or less) can make on the appearance and cleanliness of your home. Rest assured, if you've said or thought the words, "But I just cleaned it, yesterday!" -- you're not alone! Cleaning your house when it's on the market is a lot like shaving: It doesn't take too long for that "five o'clock shadow" to start creeping in!

Reminding everyone in your family to clean up after themselves is the first step to being ready, but it also pays to have a checklist to refer to when preparing for a real estate showing. If you don't use a task list, chances are you'll forget something important -- like wiping off the kitchen counter, sanitizing the toilets, putting away dirty dishes, or cleaning the bathroom sink. Floors almost always require a quick sweeping, mopping, or vacuuming, and waste baskets need to be emptied. Crumpled towels, bath mats, and bedspreads may also be in desperate need of straightening and smoothing out! If you own pets that tend to have "accidents" or kids who haven't quite mastered the art of cleaning up after themselves, you might also want to allow a few extra minutes in your routine to take care of the "unexpected."

While it's true that you want your house to have a "lived in" appearance, it's all-too-easy to cross that thin line into a whole different category! No reasonable house hunter will expect your home to be spotless and perfect in every way, but if it looks messy, disheveled, or neglected, then that could be a potential deal breaker!







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