Thursday, January 31, 2019 / by Francisco Latimer
With these tips and tricks, your house will be swoon-worthy in no time.
All the world’s a stage, said the Bard.
That includes your house. Which is for sale. And thus needs to look bee-yoo-tee-ful.
Staging entails hiring experts with a flair for interior design. They reimagine your living space and give your house a makeover (with temporary decor and furnishings) so that it gets “oohs” and “aahs” from the buying masses.
Great staging isn’t an insurance policy — there’s no guarantee it will bring in more money when you sell your home — but it’s an important marketing tool. It presents your house in a flattering light and helps you compete at a favorable price. (In that sense, staging is like dressing your house for the price you want, and not the price you have.)
Staging also leads to eye-catching listing photos, which are especially valuable given that most homebuyers begin their search by scrolling throug ...
Thursday, January 24, 2019 / by Francisco Latimer
How to figure out exactly what you want, and how to work with the experts who’ll help you get it.
Selling, a famous salesman once said, is essentially a transfer of feelings.
You love and cherish your home. You want the next owner to fall in love with it, too — through photos, through words, and through the experience of walking through your front door. But, perhaps most, you want to get the price you want.
This isn’t a small task. Selling a home requires work. It requires time. The journey isn’t always easy. There will be frustrations. But when you seal the deal and move on to your next chapter — wow, what a blissful, boss feeling.
Below, we preview and link to each step in your journey. We’ll discuss how to know what you want (and what your partner wants, if you’re selling together). How to understand the market, and ways to make a plan. And most importantly? How to create relationships with experts and trust them to help you ...
Thursday, January 17, 2019 / by Francisco Latimer
Real estate negotiation tips so you can buy your dream home — and not overpay.
You've looked at enough houses to fill an entire season of House Hunters and finally picked one to buy. Now you're ready to make an offer.
Your agent can help guide you through this nail-biting phase of negotiating a house price, but ultimately, you call the shots. Here's how to negotiate like a boss.
Fail #1: Thinking House Price is All That Matters
That house with a price point $15k below your budget? It may seem like a deal — until you add on the costs of maintenance and replacing the aging appliances.
Planning on repainting, remodeling, or landscaping, too? Suddenly the price looks a whole lot higher.
When developing your offer, calculate in the costs that will go above and beyond a mortgage payment. Then you can negotiate with an eye on the total cost of owning the house, not just the sticker price.
On the flip side, the price may not be all that matters ...
Thursday, January 10, 2019 / by Francisco Latimer
What to look for when buying a house — and what not to do.
The only thing more exciting than shopping for your first house is the day you move into it. And in your eagerness to get to that day, there are a bunch of opportunities to botch the shopping.
Here are some #facepalm moments and the house-hunting tips you'll need to avoid them.
"I Saw the House Online. It's Perfect — Let's Make an Offer Before It's Gone!"
Buying a house sight unseen?!? Whoa. Online photos are a fun sneak peek — and that's all.
Before you plan marriage after the house equivalent of swiping right, consider this:
It's the photos that aren't in the gallery you should worry about. You won't see the hastily patched cracks in the home's foundation. Or the mold in the attic.
Your other senses need to evaluate the place. There could be traffic rumbling by or a stinky recycling facility downwind.
Three words: Wide angle lens. (They make small spaces look deceptive ...
Thursday, January 3, 2019 / by Francisco Latimer
The city where you plan to buy a home may offer loans with no money down.
Can you buy a house with no down payment?</p
Yes, you can.
“Paying 20% down is, quite frankly, a myth," says Karen Hoskins, vice president at NeighborWorks and bearer-of-great-news. "Most buyers pay only 5% to 10% down — some even pay zero."
The key to finding a no-money-down home loan is finding the right assistance program. And there's no shortage of them if you qualify.
Of the roughly 2,500 home-buying programs tracked by Down Payment Resource, a nationwide database of home ownership programs that helps match buyers and properties, 69% offer down payment assistance.
Even better: The average amount of assistance from those programs nationwide tops $11,000 — though amounts would vary greatly between disparate cost-of-living markets like Southern California and Iowa, according to Down Payment Resource. Some 87% of properties are eligible for some kind ...