Francine Jeffers C.B.R., S.R.E.S.,A.S.P.'s Blog
If you intend to sell your house, you may want to let your family know about your decision. In fact, there are many reasons why you should consult with family members before you add your house to the real estate market. These reasons include:
1. You can address any concerns or questions.
Family members may have concerns or questions about your decision to sell your home. Fortunately, you can address their concerns and questions before you list your residence.
Remember, family members care about your well-being. If you involve them in the home selling process, you may be able to avoid potential conflicts down the line. Perhaps best of all, if you share your decision to sell your residence with family members, you can help them get on board with your decision.
2. You can plan ahead for the home selling journey.
The home selling journey may prove to be long and difficult, particularly for an individual who initially tries to work alone. Luckily, family members can offer lots of assistance as you get ready to sell your house.
If you inform family members about your decision to sell your home, they can help you prep for all aspects of the property selling journey. For example, family members can help you clean your residence and ensure that it looks great both inside and outside. As a result, telling your family members about your decision to sell your house may enable you to speed up the process of selling your house.
3. You can receive home selling guidance and support.
Family members are ready to help you in any way they can. Thus, if family members sold houses in the past, they may be able to share their house selling experiences with you. And as such, you can learn from their past experience so you are better equipped than ever before to streamline the home selling journey.
Lastly, as you prepare to enter the housing market, you may want to collaborate with a real estate agent. This housing market professional is happy to help you break the news about your decision to sell your home to family members. Also, he or she will provide comprehensive support as you navigate each stage of the house selling process.
Typically, a real estate agent will craft a personalized home selling strategy based on you, your home and your house selling goals. He or she next will set up property showings and open house events to promote your residence to prospective buyers. If a buyer submits an offer to purchase your house, a real estate agent will help you review this proposal so you can determine whether to approve, reject or counter it.
For home sellers who want to enjoy a fast, profitable house selling experience, it often is beneficial to hire a real estate agent. If you have a real estate agent at your side, you can quickly stir up interest in your home and boost the likelihood of maximizing your property sale earnings.
Creating just the right amount of curb appeal can be a delicate balance, but one thing's for sure: Many real estate agents firmly believe that it is the most important factor affecting how long a property remains on the market. That being the case, it's a phase of preparing your home for sale that you don't want to neglect or put on "the back burner."
If your home and property is in reasonably good condition, it may be possible to give it some extra eye-appeal without going overboard on the cost. Here are a few curb-appeal basics to consider as you get your house ready for the real estate market.
Painting: If it's been more than a few years since the outside of your home has been painted, it may be time to either repaint the entire exterior (which won't be cheap) or do some extensive "touching up." Sometimes, simply repainting window trim, shutters, and the front door can help visibly improve the overall appearance of your property. In general, peeling or fading paint will negatively impact the marketability of your home, so it's an issue worth addressing early on.
Power washing: A professional power-washing service can remove unsightly stains, layers of dirt, and discoloration from concrete surfaces, fences, roofs, garages, garage doors, and your home's exterior. One cautionary note about power washing: Applying too much water pressure can potentially cause damage to materials like loose roof shingles, older painted surfaces, crumbling concrete, old slate flooring, untreated wood, and aging fences. Special instructions may need to be given to workers and their manager, regarding delicate surfaces and the need to adjust water pressure accordingly.
Front porch: There are a lot of nice touches you can add to a front porch to make it look more inviting and visually appealing. In addition to making sure floors, steps, railings, windows, and furniture are immaculate, inexpensive upgrades, such as a new welcome mat, mailbox, and house numbers can also make a noticeable difference in the impression you create. Weather permitting, colorful potted or hanging flower baskets will enhance the aesthetic appeal of your property. As is the case with interior home staging, strategically arranging furniture can help prospective buyers imagine themselves relaxing on your porch and elsewhere in your house. That can be a key step in triggering their interest.
Landscaping: When your house is on the market, it's crucial to keep your lawn and shrubs looking manicured at all times. Any hint of overgrowth, dying trees, or weeds can send the wrong message to potential buyers about the quality and desirability of your home. Edging for lawns, flower beds, and sidewalks can often be a relatively inexpensive way to enhance the eye appeal of your property.
A seasoned real estate agent can provide you with more cost-effective ideas on sprucing up the outside of your house to attract prospective buyers.
Unfortunately, selling a house sometimes can be a long, complicated process. And if you're not careful, you risk costly, time-consuming mistakes that may prevent you from achieving your home selling goals.
When it comes to selling a house, it helps to plan ahead as much as possible. Lucky for you, we're here to teach you about the home selling journey and ensure you can enjoy a fast, seamless home selling experience.
Now, let's take a look at three tips to simplify the home selling process.
1. Boost Your House's Curb Appeal
The first impression that your home makes on potential buyers can have far-flung effects on the home selling journey. If your house dazzles homebuyers, you may increase the likelihood of a quick, profitable home selling experience. On the other hand, if your home misses the mark with buyers, you may struggle to stir up interest in your house.
Perform home exterior upgrades to enhance your house's appearance. Mow the lawn, trim the hedges and clear debris from any walkways. Also, repair any cracked or damaged siding to further bolster your house's appearance and ensure homebuyers will fall in love with your house as soon as they see it.
2. Eliminate Clutter
Clutter may dominate your home's interior, and if you don't clear it out, you risk missing out on opportunities to sell your house.
Fortunately, there are many ways to eliminate clutter. For example, a yard sale is a quick, effective way to sell assorted items before you list your residence. Or, you can list items online or donate them to charity.
If there are various items you want to keep, you may want to rent a storage unit. With a storage unit at your disposal, you can keep a wide range of items safe and outside your home until your residence sells.
3. Collaborate with a Real Estate Agent
A real estate agent is a housing market expert who is committed to helping home sellers achieve the optimal results. He or she will work with you throughout the home selling journey and ensure you can enjoy a successful home selling experience.
Usually, a real estate agent will meet with you, learn about your home and craft a personalized home selling strategy. This housing market professional then will promote your residence to buyers and host open house events and home showings. Furthermore, if a homebuyer makes an offer to purchase your house, a real estate agent will help you review this proposal and determine whether to accept, reject or counter it.
A real estate agent also will respond to your home selling concerns or questions. Thus, if you are uncertain about how to navigate the home selling journey, a real estate agent is ready to offer guidance.
There is no need to stress as you get ready to list your residence. Take advantage of the aforementioned tips, and you can eliminate the guesswork commonly associated with selling a house.
House owners frequently remodel, upgrade, or otherwise make changes in their homes for which they do not secure a permit. While some changes do not require permitting, others do. The challenge comes when you attempt to sell the home. You may run into a problem when a buyer makes an offer on such a property, and their inspector discovers unpermitted changes. Their mortgage lender may be unwilling to give them a loan until you remedy the permit issue.
Additionally, since building codes often change from year to year and certainly from decade to decade, and the property may have changed hands more than once before it came to you. Even if the upgrade occurred before you purchased it, you might be the one responsible for fixing it with your municipality.
What can you do? When you believe your home has unpermitted construction, learn as much as you can about it:
When did installation take place? Before you took ownership of the house? After?
What is the construction? A pergola? A sunroom? That necessary second bathroom?
In the year or era of construction, was a permit required? Is there a permit in place of which you're not aware?
Can it be grandfathered?
What is “Grandfathering”?
The term “grandfather clause” refers to an exception to a code, restriction, or legal requirement. It allows anything already done legally “at the time” to continue even if a new limitation would not allow it. Regarding unpermitted home upgrades, if the construction was before the change in the code, check to see if the code requires retroactive compliance. In that case, exceptions typically pose a danger to anyone living in the home or on the property and need remediation. When code changes do not require retroactive compliance, knowing the date of the construction puts you in the clear.
When you discover retrofits, additions, upgrades, or renovations in your home, search city or county records for a permit. Ask for help to see if that type of work in the year(s) of its completion required one. If it needed a permit, and you do not find one in place, either request a retroactive authorization or plan to sell your home "as is" to a willing buyer. Municipalities often have methods in place to offer retroactive permits. Check to determine the total cost of the permitting process. In addition to the permit fee, you may have to pay fines, inspections, and other fees. Any modifications required because of the permitting process become your responsibility. When the total cost of obtaining retroactive permits and related fees and construction costs is higher than the return on your investment, consider the “as is” process.
Selling Your Home "As Is"
When you choose to sell your property "as is," you no longer need to disclose to the municipal building department that you may have unpermitted construction. Until you are sure you want to request a retroactive permit, do not disclose information when you communicate with building code offices that might trigger an inspection.
In the selling process, however, fully disclose to your real estate agent all items you know about for certain. That is, tell them about additions or upgrades you installed while in ownership. Make sure a sale is not delayed or falls through because a lender requires a permit. Have an appropriate "as is" clause written into the sales contract.
Confer with your real estate agent to determine if seeking a permit is in your best interested when selling with unpermitted additions.
An open house can have a significant impact on the property selling journey. As such, it is important for a property seller to allocate time and resources to prepare for an open house. If a seller plans for an open house, he or she may be able to boost the likelihood of a fast, profitable property selling experience.
Now, let's take a look at three things that every seller needs to know about open houses.
1. There is no shortage of open houses held on weekends in cities and towns nationwide.
Many open house events are held throughout the year in cities and towns across the country. These events commonly take place on weekends and enable sellers to showcase their residences to dozens of prospective buyers at the same time.
Ultimately, it is important to find ways to differentiate a home from the competition. If a seller can promote his or her residence to the right groups of potential buyers, this individual may be able to convince buyers to attend one open house over another.
2. An open house gives a seller a great opportunity to make a positive first impression on buyers.
As a seller, it is paramount to embrace the opportunity to connect with buyers. An open house allows a seller to do just that, as it ensures this individual can provide buyers with a stress-free opportunity to view his or her residence.
When it comes to getting ready for an open house, it generally is a good idea to clean both inside and out. Also, a seller should perform home repairs and remove home clutter. Because with a neat, tidy residence, a seller can make it easy for buyers to envision what life may be like if they decide to purchase a particular residence.
3. Every open house provides a seller with a valuable learning experience.
Regardless of how much a seller prepares for an open house, there is no telling how this event will turn out. However, a seller who sets realistic expectations for an open house can plan accordingly.
In the worst-case scenario, no buyers will attend an open house. If this happens, there is no need to worry. In fact, a seller can learn from the experience and use it to find new ways to promote his or her residence to prospective buyers going forward.
For those who need help selling a home, it may be beneficial to hire a real estate agent. In addition to helping you get your residence ready for an open house, a real estate agent will offer tips and guidance so you can achieve the optimal property selling results. Perhaps best of all, if you ever have concerns or questions during the home selling journey, a real estate agent is ready to address them at any time.
Streamline the home selling process – hire a real estate agent today, and you can receive comprehensive assistance as you navigate each stage of the property selling journey.