Category Archives: homes

10 Easy but Essential Steps for Home Selling Success

They say that the whole process of selling up, buying new and moving on is one of the most stressful series of events any of us goes through in a lifetime: and yet with careful planning, attention to detail and a clear focus, the whole process can be relatively stress free.

While there will always be factors outside the control of any home seller, those factors that fall within their control sphere can proceed fluidly and smoothly when they take the time to plan and think one step ahead.

By following these 10 easy but essential steps I can guarantee you home selling success!

1. Get free valuations and priceless advice.

Real estate agents will give you a home valuation for free because ultimately they hope you’ll engage their services when it comes to selling your home. Therefore use the experience of a handful of local and trusted agents who are renowned for their selling success and invite them to come and value your home. Then, ask them their opinion on what if anything can be done to raise the value of your property to the maximum.

Real estate agents spend their entire professional lives examining properties, they know what attracts a buyer, what turns a buyer away and what can and should be done to a property to enable the seller to get maximum returns from his property – request advice based on the benefit of their experience. Most real estate agents will be happy to give you any tips they feel are applicable to your home because if you can increase the value of it, they can raise the price of it and if they are asked to represent you they will ultimately make more from the sale! It is a symbiotic process!

This whole first step will arm you with two priceless facts – firstly you will know how much money you can work with when budgeting and planning for your next home. Secondly you will have a fair idea of what action you should and can take to ensure you get the maximum price for your home thus allowing you to begin planning the work that needs to be done.

2. Speak to your current mortgage lender.

You need to contact your current mortgage lender and ask them what penalties and fees you will incur for early repayment. Inform them that you are intending to sell your home and they will give you an up to date statement of the amount remaining and exactly how much selling up is going to cost you in real terms.

3. Work out total selling, buying and moving costs.

To assist you with this step ask one of your valuation real estate agents to give you a break down of all the local fees, taxes and costs you will likely incur when selling and buying. These will most likely include the real estate agent’s fees, a lawyer’s fees, surveyor’s costs, potential gain taxation and also consider factoring in the percentage of any annual taxes or charges on your home that you will have to pay.

Add to these expenses the costs you will incur when buying a new home and remember to include any deposit, mortgage arrangement fees, survey costs and insurances.

And last but not least, get a rough quotation for removal costs which are easy to gauge based on the size of your home and the distance you are likely to move.

4. Work out your budget.

By taking the original valuation sum given to you by the real estate agent and then deducting all of the totals from step 3 you will (hopefully) be left with a positive number! This is your clear profit, this is what you can then use towards your new home.

At this stage, if you have additional sums saved and you wish to add them to the above to increase your purchasing power you should do so. You will be left with an amount you can use as a down payment on your new home.

5. Get a loan agreed in theory.

Now you have to approach a mortgage lender and work with him to determine exactly how much you can comfortably afford to borrow. He will take into account many factors but these will include the amount you have as a down payment and the amount you earn. Ultimately he will arm you with a budget with which you can now work when searching for your new home.

6. Begin searching for your new house.

Now you have a budget to work with you can begin the exciting process of searching for a new home. It may seem dull to have to get all the financial facts and figures in place before heading off to find that dream house, but by doing all the ground work first you will be less likely to fall in love with an unsuitable, unaffordable home. You will not have set yourself up for a fall; you will once again have set yourself up for success.

7. Give your home a makeover!

Take the advice given to you by the real estate agents and get to work with the repairs, renovations and heavy work needed to bring your house up to the top of the market.

8. Find the best real estate agent.

Having already met and worked with real estate agents for the valuation of your home get back in touch with your preferred agent and ask them to revalue and then market your home. If you are in doubt about which agent to choose speak to any friends, family and colleagues in your local area who have recently bought, sold or rented property through an agent and ask for personal recommendations. You need to feel comfortable with the agent you choose to represent you, you need to make sure they will sell your house as quickly, efficiently, honestly and effectively as possible and that they are trust worthy to be left to show viewers around your home.

Once you choose your agent go through their entire marketing strategy for your home and make sure you are comfortable with their approach and that they are going to do everything required of them to assist you. Furthermore, ask them to revalue your home based on the work you have done to it and any market movements that have occurred in the interim.

9. Remember – first impressions count!

Now the time has come for buyers to begin viewing your home. You have to go over every single aspect of your home with a very critical eye and consider what the potential purchaser will make of every aspect. Their first impression of your home will be as they look at it from the sidewalk, ensure the outside of your home is as clean, tidy and well presented as possible and then walk through every room and the garden and look at it with fresh eyes. What will a buyer’s eye be drawn to, the beautiful proportions of the room or the dirty window and vase of dead flowers?

Because first impressions count so very much take the time to consider every aspect of your home and then make time to clean, polish and present your home in the very best light possible.

10. Be as flexible as possible.

If you can be quick to react to a viewing request and flexible when it comes to a contract completion date you will be doing everything within your power to enable your buyer. By remaining on top of the upkeep of your home you should be able to say ‘yes’ to a viewing request at the drop of a hat. And if you remain on top of your home search and are at least mentally prepared to move out swiftly – even if this means moving into rental accommodation for a short period – you will be doing absolutely everything within your power for home selling success.

5 Ground Rules for Home Buying Success

There are few purchases in life that carry the financial and psychological weight of buying a home. Whether you are buying your first home, moving up to your dream home, or downsizing your home and your life after the kids have gone, it is important to understand the ground rules for success in the world of buying a home.

Making the wrong decision in buying a home can have devastating and long lasting effects, while making a wise decision in home buying can greatly enhance the overall value of the investment. It is necessary to learn all you can about the world of home buying and mortgages before setting out to purchase the home of your dreams.

While there are plenty of web sites designed to help first time homeowners learn all they can, most financial experts say that there is no substitute for the good old one-on-one learning. Fortunately, most mortgage lenders, home inspectors and real estate agents will be able to provide this kind of one-on-one learning.

When buying a home it is often best to use a systematic approach as this is often the best way to be sure that all decisions are based on information and reason, not on impulse or emotion. Buying a home can be an emotional process, nevertheless it is imperative to keep your emotions under control and not let them cloud your judgment.

There are five basic ground rules when it comes to buying a home and shopping smart, and they are:

#1 – Get your financing before you get your home

There are few things in life as disappointing as losing out on the home of your dreams due to not being able to secure funding. While the desire to get out there are search for that great home is understandable, it is vital to line up the financing you will need before you start shopping for a home.

Getting the financing ahead of time has a number of important advantages, including knowing how much you can buy and gaining more respect from the listing agents. By knowing how much home you can afford before you shop you will avoid wasting your time looking at unaffordable properties, and the listing agent will be more than willing to show you the homes in your price range.

It is also important to take a good look at the various types of mortgage on the market before getting started in the home buying process. These days, mortgages come in far more choices than the typical 15 or 30 year. For that reason, potential home buyers need to understand how each type of mortgage works, and to gauge which mortgage is the best choice for their needs.

#2 – Look at the community, not just the home

It is a good idea to look at the entire community, instead of focusing on a single home. This can be a particularly important thing to consider for those moving to a new metropolitan area, as these buyers will be unfamiliar with the local climate and lifestyle. It is crucial to determine the areas of town that are most desirable, and to consider things like distance from work and local shopping opportunities.

We have all heard that location is the key consideration when it comes to real estate, and that is certainly the case. Buying a house in the wrong area can be a big mistake, and it is important to choose the location as well as the home. Potential buyers can learn a great deal about the nature of the various neighborhoods simply by driving around town, as well as by talking to other residents.

#3 – Be fair with your first offer

Trying to lowball a seller on the first offer can backfire, as can paying too much. It is important to carefully evaluate the local market, and to compare the asking price of the home with what similar houses in the neighborhood have sold for.

Comparing the sales of comparable homes, what are known as “comps” in the industry, is one of the best ways to determine what is fair, and to make sure that you neither overpay or underbid on the property.

#4 – Always get a home inspection

Always investigate the home for any possible defects before making an offer. Compared to the cost of the average home, the price of a quality home inspection is virtually negligible. Hence, get a good home inspection done before you buy.

To find the best home inspector, it is a good idea to seek out word of mouth referrals as many of the best home inspectors rely on word of mouth advertising.

#5 – Do not alienate the sellers of the home

Many real estate deals have fallen apart due to the personal animosity of the buyer and the seller. It is important to avoid alienating the seller of the home during the process, and to avoid nitpicking every little detail during the sale.

Keeping the good will of the seller will help the transaction go smoothly, and it will provide the best environment for seller and buyer alike.

Appraisal vs. Market Value: How to Avoid Pitfalls in the Sale of Your Home

When you sell your home, appraisers use comps (comparable market sales) of local properties sold within the last six months to value your home. With today’s rapidly rising seller’s market, six-month-old information is ancient history. Appraised value does not always equal the true market value, or what the home will sell for on the open market.

Realtors will give you a comparative market analysis, an informal estimate of market value based on comparable sales. Lenders, on the other hand, will use the appraised value to determine a new mortgage amount. Some lenders require that the stated property value covers the mortgage amount plus their selling costs in case of foreclosure. For this reason, a sale may fall through if a home sells on the open market for more than the appraised value, which often happens in bidding wars over hot property.

We learned the importance of securing a sufficiently high appraisal when we sold a rental property in Lake Elsinore, California. We listed the house for $234,700 on Friday. By Monday morning, we had three offers: $245,000, $255,000, and $260,000. We accepted the one for $255,000 because the buyers had $80,000 down, reassuring us that they had sufficient funds.

As usual, the lender sent an appraiser to review the property. This busy appraiser didn’t take the time to view all the upgrades we put into the custom-built home. Even worse, he used only comps from the local one-mile radius. Because this home is close to a shopping district, there were not many homes sold in this limited area during the six-month period.

The appraiser used comps six months old; during this time housing costs in Southern California appreciated around thirty percent. Sales from six months previous should have gone up in value by $30,000 on a $200,000 home. This means that our home should have been worth $250,000 to $260,000, especially since buyers are willing to pay this price on the open market. To increase the value of this home, at the time there was not another three bedroom home listed in the area for under $250,000 (excluding manufactured homes). However, the appraiser valued our home for only $230,000 — and we would have lost the sale if the offer did not include a sufficient down payment.

Because a low appraisal can kill your sale, finding a buyer with a large down payment provides you with a safety net. You may also choose a buyer with strong credit who doesn’t have to put a large percentage down. If you think that your home’s appraisal could become a problem, make sure you don’t include a clause in your sale’s contract which states “subject to appraisal.”

How to Avoid Low Appraisals

  • Hire your own appraiser before the sale. Then ask your buyer’s or lender’s appraiser to review your appraisal.
  • Retain the option to approve your buyer’s mortgage lender. Make sure that the buyer doesn’t use a lender with a history of deliberately underestimating property values. A good real estate agent should know which lenders routinely under value homes.
  • Keep records of repairs and upgrades, including costs. Take “before” and “after” photographs. Create an organized journal with a listing of expenses and include pictures to show to the appraiser during the appraisal appointment. Stage your home for the appraiser like you do for buyers.
  • Secure your own property comparables to make sure the appraiser uses complete information. Call real estate agents with homes in escrow and get the sales prices. Make a list of these properties with the agent’s phone numbers and give it to the appraiser.

What to Do When Your Selling Appraisal Comes in Too Low:

  • Ask for another appraisal.
  • Protest the appraisal with documentation of your upgraded expenses.
  • Have the buyers make a larger down payment.

When you sell or buy real estate, remember that the certified appraisal is just one person’s opinion of the value of your home. The opinion that counts for you is the buyer’s: you want to be sure the buyer values your home above all others.

Copyright (c) 2005 Jeanette Fisher, All rights reserved.

Preparing Your Home to Sell

If you’re thinking of selling your home and you look around wondering, “Where to start?” Here’s a list of some things buyers will look at and ways to improve your home’s appeal.

First of all, let me tell you that I’m a Realtor in Cleveland Ohio. I have been in thousands of homes. Worked with hundreds of buyers and sellers, and I know what people are looking for when they walk into a home. Real estate agents are a great source of advice! If you’re current market is anything like Ohio’s, then it’s full of stiff competition. You definitely need to be prepared and ready to impress.

You may want to go ahead and have a home inspection prior to putting your home up for sale. This way, you will have documentation and will be able to supply a potential buyer with knowledge and realistic life expectations. It will help them feel more comfortable with the possible flaws and more confident in you and the home. Even if there are things to possibly be fixed or replaced in the future, you may have just gained their trust and okay with doing some projects on their own.

Pricing your home correctly will ultimately be the deciding factor for the buyer as a rule. I’m sure you’re looking for top dollar and expect the most out of your home. After all, it is probably something you’ve invested in and it’s personal to you and your family. This list is intended to be straight forward and to the point.

Let’s start with the most important aspect of your humble dwelling, CLEANLINESS!

I can’t say this enough. Clean, Clean, Clean. Okay, three times will have to do (For now.)

While the word clean is hopefully sticking in your mind, (oops I said it again.) let’s focus on the exterior; this is the first thing people will see obviously. There’s nothing you can do about your street or location, but there is something you can do with your own lot. Get the outside ready to go for that crucial first impression.

The yard, depending on the season or your climate, should always be looking it’s best. Bushes and landscaping should be neat and trimmed. I can’t tell you how many times I’ve walked onto a property with someone, and the first words were “Uh oh, I hope the inside looks better.” Or “Wow, so far, so good.” Please make sure all outdoor items that aren’t being used are put away neatly, including lawnmowers, toys, and garbage cans.

New storm doors are a great way to add appeal for a decent price. If your current doors/screens are in need of paint or replacement, it may be something to consider. Windows are also in today’s market looked at seriously. Most buyers expect newer replacement windows. If you can’t quite swing it, at least make sure your existing windows are sparkling, free of cracks, functional, and there are no missing storms or screens. Paint the window trim if needed. No paint should be chipping or pealing including on the home, porch, awnings, or windows. A buyer looks at it as neglect. If you’re neglecting the outside, what should they expect on the inside? Don’t let them raise eyebrows already!

Smaller improvements can add value and visual appeal also; such as a new mailbox, address numbers/letters, well placed flowers/planters. Even a new welcome mat and a swept porch/sidewalk can make everything just look more clean. (There it is again.)

I’ll assume you knew most of these things and they are already done. Understand, I’ve been to many homes and have seen some interesting things. Not everyone has the time or the funds to make improvements or to make things sparkle. Perfection isn’t expected, but it sure doesn’t hurt!

Now let’s move on to the inside of your abode. The best advice I can give is to start at the door they will enter. Start slow. Look around the way a stranger would. Take the tour yourself! Pretend you’re a potential buyer, or have a family member/friend come in and critique each room. (Preferably, have your Realtor do this before putting in the for sale sign!) This is actually my favorite part. Maybe because I understand how important it is and how simple it can be. I always find something to move, replace, organize, or change in a home. Often times, it’s something that homeowner has overlooked all the years they’ve been there. An outside eye can make all the difference. Okay, I think you’re getting point. Clean! Sorry, had to throw that in there.

You may or may not have all these features in your home. If you do, please allow your ears to perk up, and take note. The entrance should be extremely taken care of. If you have a foyer, keep it clutter free. Paint if needed, and remember the hall closet WILL be opened.

Closets are a big one. If you have an older home, like many in Ohio, chances are you’re in need of more closet space. In the old days people actually survived with fewer garments. Imagine that. There’s not much you can do about the space, but there is something you can do about the appearance of. The more that’s out and off the floor/shelves, the better! People love closet space, and they love going through your closets! Don’t forget them. Make sure they offer as much space as possible and are clean (Yes, clean!)

The kitchen, or shall I say the busiest and most used part of the home. In today’s HGTV/Home Depot world, you should expect for the kitchen to be looked at and observed carefully. Upgrades are a must. Newer appliances that come with the home are also a positive. That lime green stove from 1978 isn’t a great throw in feature. Cabinetry is also a huge factor these days. Lots of space, and beauty is in. If you can’t afford to go all out and replace them, a cost effective approach may be refacing the cabinets or replacing/updating hardware, even painting them may help as a last resort. Granite, marble and engineered stone countertops are all rage. There are so many choices from top of the line, to lower budget beauty. If replacement isn’t an option, at least make sure your counters are clean! And free of any clutter. Remove almost everything not used. Store it away, but remember potential buyers will also look inside your cabinets.

Painting the walls or applying wallpaper should be done with care. On average, people choose white. White or lighter colors will make the room appear larger yes. It may not reflect the light in the best way though. There are so many colors and textures to choose from. Try if you can to keep it neutral but don’t be afraid of a little color. If your home looks like it may fit in with a hospital, it may not be quite warm enough or shall I dare say boring.

Flooring options are abundant. The preferred choices are ceramic tile, granite, or hard wood. Natural is in if possible. If you want to be unique and draw some interest, try adding bamboo or cork flooring. Perhaps not in the whole house, but a rec room, bedroom, or sunroom may add an interesting twist. If you have carpet, shampoo it, and make sure it’s not in need of replacement.

should have furniture moved to show the most potential space. It should be roomy, bright, and free of personal belongings. Many people have religious items, photos on the wall/mantle, family albums on the coffee table, etc. All these items should be removed. Hang or replace with something neutral. The reason for this is that when someone is interested in possibly buying your home, they aren’t just a visitor. They need to view the home as theirs. Imagining their photos and personal belongings filling the walls and home. Allowing this freedom to the buyer will not only help them make a decision about living there, but it will also make them more calm and comfortable while touring your home.

Bedrooms are similar. I understand it’s hard to get the teenager to remove the poster of Britney Spears, or to add something different to the part of the wall that includes the wedding photo, but again, it’s necessary to keep things as neutral as possible and of course clutter free. All personal belongings on dressers should be tucked away. The one place I hardly notice anyone looking is under the beds. This may be a great place to store things as they build up from the closets and cabinets. Purchase storage bins at a discount store and fill them up! (By the way, clearing out these areas helps when moving. The more you can get rid of now, the easier for you later.) Yes, make the beds and make sure everything is clean! (Sorry)

Bathrooms are almost as looked at as kitchens. The more bathrooms you have the better. Buyers often request from me 4 bedrooms 3 baths. It’s almost expected for there to be a bathroom for every bedroom. With so many different features and hardware to choose from, having an updated bathroom is almost considered standard. Even if you can’t get to everything, a few new things such as a vanity, mirror, flooring, lighting, or interior surround in the shower may help. Most of these projects separately are pretty inexpensive. Double sinks are very desirable in the master bath along with Jacuzzi tubs. Again, expect your linen closets and medicine cabinets to be looked at, so make sure they’re umm, yes you got it.

Basements and attics are considered living spaces at times. Depending of course on the size, they can make for great rec rooms, offices, dens, and even an extra bedroom. If you have a space like this, and it’s not finished, finish it off if you can. Adding an extra living space in the home can add tremendous value and can set you apart from the house down the street. Basements should be dry. They should be bright and as cheerful as possible. Please remove the clothes hanging near the dryer!

Mechanicals are and should be looked at seriously by buyers. There’s more to a home than wallpaper and granite countertops. Your furnace if not newer should be inspected, serviced if needed and make sure it’s CLEAN. (Last time I promise.) You should also have paperwork on the furnace and all major appliances if possible. The electric should be upgraded. Outlets should be grounded, and any outlet within 6 feet of water should have GFCI’s. Contact your electrician if you don’t know what all this means. With today’s technology, homebuyers are looking for your home to be able to handle their electronic needs. Updated electrical may also be a requirement from a government-backed loan such as FHA or VA. A home inspector will tear it apart on his report in red ink if it’s not reliable or done properly. Hot water tanks should show no sign of rust. Having at least a 40-gallon tank is optimal for keeping enough hot water in the home for multiple showers. Hopefully the roof isn’t that old. Buyers will ask about the roof and gutters. This again, is a great time to provide that home inspection report.

One last note. I find particularly important. Whether you’re a cook, have pets, or you’re just addicted to moth balls, please make sure you do something about the air quality and the home’s fragrance. Don’t be overbearing or have it be noticed, but invest in febreze, boil cinnamon sticks on the stove, clean drapes, bedding, carpeting, and give your home a thorough ——– (I promised.)

Home Value, Appraisal, Assessment – Which One is Right For You?

As you get curious about your home value and start to do a little research online, you probably see a lot of different terms thrown around: home assessment, home appraisal, comparative market analysis, property value, home value, etc. They all kind of sound the same, but actually hold some basic differences.

First off, home value and property value can be used pretty much interchangeably. Property value just sounds more encompassing because it includes the land on which the house is located. Home value should take into account the same thing, it just sounds like it only deals with the house itself.

Getting a home appraisal or assessment does give you your home value, but it comes from 2 different entities with 2 different motives. An appraisal is something you pay to get done – you higher a (hopefully) neutral third party to evaluate your house and come up with an accurate home value. In most cases, to qualify for any kind of home equity loan, you must have a home appraisal done. It’s most often done after improvements are made to a home.

An assessment on the other hand, is when the government (usually the city or county your property is located in) assesses your home value in order to determine how much property tax you should pay. Most governmental agencies do home assessments every 2 to 4 years, but that span can vary from area to area. In some areas you may never even know your home was reassessed because the government will base the home value on property sales records, age, condition, size and other factors of the home. In other areas officials will send a notice that an assessor needs to see the inside of your home to see if any improvements were made which may affect the home value.

Every governmental agency offers a window in which you can dispute their assessment of your home value. Some homeowners want to see an increased assessment because they may be considering selling, they have plans for a home equity loan, etc. Other homeowners prefer their home value to remain pretty static if not lowered when assessment time rolls around, so that their property taxes won’t sky rocket.

Keep in mind, an ASSESSMENT will ALWAYS affect your property taxes, where as paying to get an appraisal of your home value won’t necessarily do so because the government may never know about it. The two can also be used hand in hand. For example, if you think the government assessed your home value too high, you can pay for an appraisal that might lower your home value and therefore your property taxes. Of course, you do run the risk that the appraisal may wind up being similar to the government’s assessment.

Another term that is often used along with home value, assessment and appraisal is a comparative market analysis or a CMA. Getting a CMA done adds yet another third party to your home value search: a real estate agent. A CMA is an informal assessment of a property’s market value, usually done to generate a fair listing price if a home is selling. Real estate agents figure out your home value by comparing it to similar properties that have sold in the past year. For more accurate home value information, real estate agents will visit the property and do their version of an appraisal and than adjust the price based on similar homes that sold and come up with a comparative market analysis: basically, what you could expect to get your home for if you put it on the market.

There are many different ways to get an accurate home value, but the way you go about it should be determined by what exactly you want it for. If you’re thinking of getting a home equity loan, go for an appraisal. If you think your property taxes are too high, you may want to contact a governmental assessor AND and appraiser to get your home value in case you need to dispute the government’s assessment. On the other hand, if you’re thinking of selling, or you’re just curious and looking for a free home value report, go with a real estate agents.

There are plenty of sites online that offer free home value reports and get you hooked up with a Realtor. You don’t have to be selling, just willing to talk to an agent who is then going to follow up with you from time to time in an effort to win your business. Their home value report will be just as accurate as an assessor or appraiser, and if you play your cards right you might get some freebies from a real estate agent, along with that home value report you ordered!

Luxury Homes for You

Style, sophistication, subtlety is among the many words which thumps into people’s head when someone thinks of luxury. Likewise, these things also pop up to us when it comes to Luxury homes. It’s their poise, spaces, equipments, facets and locations, which define them in the market. Flaunt the money you have the best way. Invest in a luxury home and win accolades for it. What better?

So what exactly forms a luxury home? The definition of luxury is as something pleasurable and comfy beyond life’s necessities, in several ways; all of us dwell in certain grade of luxury. In the present day market here, luxury homes costs around $700,000. Well of course, presently, in the current scenario, the new $700,000 is the $1.5 million. It’s just not only the size that counts, but much so its aura for a luxury home. It should have an illustrious guise from its curtail and it must appear relaxing and gratifying from all angles of the house. Houses over the $500,000 bracket in the market, use hard coat stucco as a building material, as a major feature. Brick and stone are among the other materials used. Circular drives, Fountain, Guard house are some of the elite features which affix a facade to the house. There are huge homes with augmentations that tend to reach $700,000. But to its disparity, a Charlotte area luxury home frames its definition by the spaces. For the sophisticated homes in the area, a study or paneled den and a room for media is compulsory. There are many luxurious homes which I personally have seen gives tough competition to the high-end hotels or private club media rooms. These must also have pantries with walk in services, wine cellars and so on.

In the fine old days, truly stupendous homes in the very famous Charlotte market were available for $180 per sq foot. Still today in this present ambience, few homes like these are built but of course those, which include custom made floor plans are still being up fixed with well-appointed materials and features. On-site hand milled paneling, which a ravishing study has found to be in great demand, is one of the exclusive materials included in superlative homes. A custom hand-crafted stained glass ceiling feature is also one of the distinctive highlight of these houses. Award winning hand-hewn stone fireplaces carved from exotic places like Yucatan Peninsula is among the finest feature of these marvelous homes.

Luxury homes are today one of the most sought after destinations as it allows one to relish the amount of luxury they are provided in such houses. The benefit of such houses is that one would be provided with a spacious house that is fit for a king.

Media rooms add facets like the highest luminance and resolution projectors available in the market. There must be ample security measures to save your home from any attack. It is most natural that these homes have great money so security is a very big concern. Create a smart house and living in luxury would just expand manifold. One of the only 35 EcoBrokers in the Charlotte Metro Area, who has 15 years of experience in portfolio development, residential real estate sales and personal property management, is Chrystal Safari. She specializes in Foreclosures, Short Sales Luxury Homes, and is a Masters Designation Holder and licensed realtor, and services both South and North Carolina. Chrystal as EcoBroker, offers various guiding principles to rally round the home buyers and sellers. She helps them appraising true green features and their reimbursements to real property value, home ownership, tax savings and mortgage closing table capital donations. Based upon your personal needs, it is sustained by certified and indemnified professionals to evaluate and shield your investments.Style, sophistication, subtlety is among the many words which thumps into people’s head when someone thinks of luxury. Likewise, these things also pop up to us when it comes to Luxury homes. It’s their poise, spaces, equipments, facets and locations, which define them in the market. Flaunt the money you have the best way. Invest in a luxury home and win accolades for it. What better?

So what exactly forms a luxury home? The definition of luxury is as something pleasurable and comfy beyond life’s necessities, in several ways; all of us dwell in certain grade of luxury. In the present day market here, luxury homes costs around $700,000. Well of course, presently, in the current scenario, the new $700,000 is the $1.5 million. It’s just not only the size that counts, but much so its aura for a luxury home. It should have an illustrious guise from its curtail and it must appear relaxing and gratifying from all angles of the house. Houses over the $500,000 bracket in the market, use hard coat stucco as a building material, as a major feature. Brick and stone are among the other materials used. Circular drives, Fountain, Guard house are some of the elite features which affix a facade to the house. There are huge homes with augmentations that tend to reach $700,000. But to its disparity, a Charlotte area luxury home frames its definition by the spaces. For the sophisticated homes in the area, a study or paneled den and a room for media is compulsory. There are many luxurious homes which I personally have seen gives tough competition to the high-end hotels or private club media rooms. These must also have pantries with walk in services, wine cellars and so on.

In the fine old days, truly stupendous homes in the very famous Charlotte market were available for $180 per sq foot. Still today in this present ambience, few homes like these are built but of course those, which include custom made floor plans are still being up fixed with well-appointed materials and features. On-site hand milled paneling, which a ravishing study has found to be in great demand, is one of the exclusive materials included in superlative homes. A custom hand-crafted stained glass ceiling feature is also one of the distinctive highlight of these houses. Award winning hand-hewn stone fireplaces carved from exotic places like Yucatan Peninsula is among the finest feature of these marvelous homes.

Luxury homes are today one of the most sought after destinations as it allows one to relish the amount of luxury they are provided in such houses. The benefit of such houses is that one would be provided with a spacious house that is fit for a king.

Media rooms add facets like the highest luminance and resolution projectors available in the market. There must be ample security measures to save your home from any attack. It is most natural that these homes have great money so security is a very big concern. Create a smart house and living in luxury would just expand manifold. One of the only 35 EcoBrokers in the Charlotte Metro Area, who has 15 years of experience in portfolio development, residential real estate sales and personal property management, is Chrystal Safari. She specializes in Foreclosures, Short Sales Luxury Homes, and is a Masters Designation Holder and licensed realtor, and services both South and North Carolina. Chrystal as EcoBroker, offers various guiding principles to rally round the home buyers and sellers. She helps them appraising true green features and their reimbursements to real property value, home ownership, tax savings and mortgage closing table capital donations. Based upon your personal needs, it is sustained by certified and indemnified professionals to evaluate and shield your investments.

Mobile Homes

Mobile homes or manufactured homes refer to residential structures that have the ability to be moved from one place to another. Initially called trailer homes, mobile homes have now come a long way. Modern mobile homes are much more intricate and beautiful in their designs. Some newer mobile homes appear no different than traditional brick, cement and mortar homes to the amateur eye.

There are typically two kinds of mobile homes- the singlewide and the doublewide. Singlewide mobile homes are less than sixteen feet in width when assembled, while doublewide mobile homes are more than twenty four feet in width. Singlewide mobile homes consist of single pieces which are transported by means of truck trailers to the site. Doublewide mobile homes have two parts, which are fixed together on site. Some people have reservations concerning doublewide homes, as they believe they are prone to leakages if assembled improperly. However, doublewide homes are very spacious. Triplewide mobile homes are also manufactured, but they are very scarce. A triplewide home is immensely spacious and can provide for as many as five bedrooms and three bathrooms.

Mobile homes or manufactured homes need to meet the standards of the Housing and Urban Development code of the US, popularly called the HUD code. This code was effectuated in June 15, 1976 and it delineated norms to manufacture mobile homes. These norms relate to building standards, fireproofing, plumbing, heating, air conditioning and electricity systems. Apart from these rules, if the mobile home has garages, sheds, etc. then they must meet the codes.

Earlier mobile homes were classified as movable property and taxed as vehicles. This led to a spurt in people buying them, as they saved a lot on taxes. Modifications occurred in the designs of mobile homes, and newer homes are actually permanent structures that remain on one location throughout their lives after being assembled. They no longer have wheels, but can be dismantled and erected at another location if needed. This led to amendments in the taxation process. Today mobile homes are also classified as real properties and taxes are accordingly levied on them.

Sell Your House Today! Find The Secrets To Selling Your Home

Selling your home can be difficult. Having to endure showings or lack of showings, repeated low offers and real estate agent excuses is not fun. The competition is tough and there are no magic beans, but there are several ways you can increase the speed at which your home sells. Take a look at our checklist and see if you missed something along the way.

1. Did you select the correct real estate agent? Did you know that twenty percent of the agents sell eighty percent of the homes? Is your agent in the twenty percent? Did you interview several agents? It may be too late to select another agent but if your home doesn’t sell with this agent then change agents when the contract ends.

2. Does your agent market your home? Is your home on the internet, in local papers, and on the MLS? If not find out why not. Ask your agent to start marketing your home. People will not just drive up to your home and want to buy it. Buyers need to see a home before they decide to drive by.

3. Does your home look like a model home? Check the look of your home from the street. How does it look? Walk inside your home, do you see a model home? If not, then create one. Remove the clutter, clean, and arrange so that your home is a show home.

4. Are you marketing your home? I didn’t ask if your agent is marketing your home. You need to be marketing your home. There are several free websites that let you advertise your home for sale. One of the best sites is craigslist.org. Make flyers and put them out at stores in your city. Make another flyer and deliver it to everyone in your neighborhood.

5. Is your home priced right? The number one reason why homes don’t sell fast is they are priced wrong. Don’t list your home for what everyone has their home listed for. This puts you in competition with many homes. Price your home for what other homes sold for, not what they were listed for. There are several free sites that offer . Use three or four of them and average the appraisals. I can’t stress enough the importance of pricing your home right.

6. Do you want to sell your home today? You can sell your home fast by offering your home to investors. You have seen the signs like “We Buy Houses” and “Sell Your Home Today”. These sites will take your information and pass it on to home investors in your area. Investors can buy homes fast, but normally offer less than what your home is worth.

Follow the above suggestions and improve your chances of selling your home today.

Mobile Home Resale Value In Ann Arbor Michigan

Many people have mobile homes that they use as a summer home, somewhere near the beach. Others live in their mobile home all year round. If you live in it part time, and are considering selling, or if you are living in a home but want a bigger one, or if you want to move to another area, and want to sell your mobile home, you will need to figure out the mobile home resale value of your mobile home.

Determining the resale value of your mobile home:

Mobile home resale value is dependent on many factors. These factors include the condition of the mobile home (both inside and out) and any land that is included with the home. An appraiser will be able to tell you the value of your mobile home. An appraiser should not charge you over $300 to appraise your home, and the amount could be considerably less than $300; it depends on the area of the country you live in. The appraiser will look at the age, the model, the make, and the size of your mobile home to help determine your mobile home resale value. You can get an idea of how much your mobile home is worth by finding out the price that mobile homes from the same year, of the same or similar make and model have been selling for. You can find out this information by contacting a local real estate agent.

Selling your mobile home:

Once you have determined your mobile home resale value, it’s time to try selling your mobile home. Marketing your mobile home is fairly easy, especially if you have the aid of a realtor. You may want to place ads in the local newspapers. You can also place a fact sheet on community bulletin boards or leave them with people you know. Fact sheets contain information about your home, and your neighborhood. A realtor can help you prepare a fact sheet, and may even take care of all the marketing details for you.

After passing out fact sheets and otherwise advertising your mobile home, you should start to get phone calls. People will want to come and look at your mobile home, and you should have it looking its best before they come by to look at it. Make sure things are cleaned up in both the yard and the home. A mobile home that looks nice will be easier to sell than a messy, cluttered one.

Once people have shown interest in buying your mobile home, you will want to start asking them questions. You will want to know how much of a down payment they are able to make on your home. You will also want to know what size monthly payments they are able to afford. Find out this information before any contracts are signed.

Sometimes people will like the mobile home, but not the neighborhood. You will have to determine if you want to sell the land and home separately or together. You need to decide who will pay for the home to be moved to its new location.

The Pitfalls of Selling Your Home Alone

Many homeowners think that selling home alone without the help of a Realtor will help simplify the process and will save them money in the end. The fact of the matter is that selling your home on your own isn’t easy work. In fact, you may actually lose a substantial amount of money when you try to sell your home alone because you aren’t well spoken in the language and business of real estate. A Realtor can not only save you money, they can save you time and stress so that you can make the transition from one house to the other as smoothly as possible.

Putting Your Home on the Market

Putting your home on the market requires more than a for sale by owner sign in your front yard. While this is a start, there is a lot more to it. Many homeowners learn about multiple listing services, which is basically an index of homes that are on the market and then pay about $750 to have their home listed. When calls don’t start flooding in inquiring about the home many sellers wonder what the problem is. The problem is that it takes more than a listing to get Realtors to visit your home with their clients. Realtors are loyal to other Realtors–that’s just the way it works. Also, when you work with a Realtor he or she may be able to network with others to be sure that your home is getting as much exposure as possible, all for the price of the sales commission. A Realtor will also have other avenues to explore with listing your home on the Internet and locally.

If you want to sell your home on your own you will have to not only keep your home in show condition, you will also have to be accessible for appointments when convenient for potential buyers. Showing your home can be exhausting and you may do the home an injustice if you cannot downplay the negative aspects of the home and accentuate the positive features.

The Value of Your Home

Many sellers lose money when they attempt to sell their home on their own because they do not know the market value of their home. A Realtor knows all of the current market values, whether they are rising and falling and can help you get the most for your home no matter what the market situation is. Many sellers unintentionally under price their home because they do not have a professional helping them, or overprice it, which keeps all of the serious buyers away! A Realtor can help you price your home so that it not only sells, but so you can make a profit.

Reputation

Most people that are in the market for a home go with a Realtor; in fact 80% of buyers work with a Realtor because the Realtor has a good reputation and they need help maneuvering the real estate market. If you put a sign in your yard, in the newspaper, or on bulletin boards in various areas buyers have no idea who they are dealing with. Though a buyer may be able to get a good deal on a home that is for sale by owner, they are leery of working with someone that they don’t know and may or may not have real estate experience.

Final Thought

As you can see, there is a lot of reason to work with a Realtor instead of trying to sell your home on your own. While a Realtor may take as much as 6% of the selling price, this is peanuts for all of the work and stress that they are saving you from. Legal paper work, home inspections, showing your home, and marketing with other Realtors to sell your home as quickly as possible for a reasonable price is what a Realtor does. When you try to take on all of these responsibilities on your own, unfortunately you have a good chance of failing or losing money.

Selling your home is difficult enough when you think about packing up and moving, but it doesn’t have to be overly stressful. A Realtor can do all of the dirty work associated with selling your home so that you can go about your every day life, and still sell your home in record time. Knowing the market, knowing the real estate business, and having connections in local real estate makes all of the difference, and these are not things that your average homeowner possesses, but a Realtor does.