Category: Selling

30 Sep 2016

Any Time Is a Good Time for an Open House #FlashbackFriday

If you are shopping for a home, or even before you start shopping for a home, consider attending some open houses. Open houses are a great way to get thinking like a home buyer. You can oohhh and aaahhh over the amenities you see and get a sense of what you want in your next home. They can also be great for getting decorating tips, as these homes typically have been staged to wow everyone. In addition, you can learn about what you don’t want. For example, you may realize while taking tours that certain floor plans are more accommodating to your lifestyle than others. Another benefit: If you don’t already have an agent, you may find one by attending an open house...
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5 Aug 2016

Let’s be factual

Many news outlets, as well as economists, are saying "Homeownership is dead." While homeownership is at 62.9 percent - the lowest in 25 years – it's not a cause for alarm. From World War II until 1995, homeownership hovered around 62 to 64 percent. We are simply getting "back to normal" after artificially stacking the deck with our "National Housing Policy," which drove homeownership by lowering the standards by which consumers could get a mortgage. We found out the hard way a few years ago, which was a disaster. What good is it to own a home if you can't pay the heat, light and repair bills? The lenders sold the mortgage paper, so they were off the hook, but the taxpayers...
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25 Jul 2016

Is your home ready for the red carpet?

When it comes to selling your home, imagine you’re directing a Broadway play, where setting the stage plays a critical role in the story’s impact. The right scene can make a big difference to potential buyers. Just how much of a difference? According to Porch.com, home staging increases showings, helps homes sell faster and in some cases, can boost the sale price. Barbara Corcoran – the real estate mogul who regularly appears on ABC’s Shark Tank –recently told the Real Estate Staging Association that staging is no longer an option; it’s essential. “Nine out of ten buyers start their search online and without home staging, they wouldn’t even come to see the house,” said Corcoran. According to the 2015 Profile of Home Staging by...
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1 Jul 2016

Permit Protection #FlashbackFriday

Have you been thinking about a remodeling project or considering significant upgrades to your home? If so, don’t forget to check into which building permits you’ll need. Generally, permits are required for the installation, extension, alteration or general repair of electrical, mechanical or plumbing systems. The cost of each permit will depend on the scope of the project and can range from hundreds to thousands of dollars. The permitting process will vary depending on your project and where you live. An in-ground swimming pool, for example, will have different requirements than a kitchen remodel. Simple cosmetic changes, such as switching out a faucet, likely won’t require a permit, but changing a sink might. Sometimes a municipality won’t require a permit if the amount...
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29 Jun 2016

Predicting the unpredictable

If you’ve ever heard a summer weather forecast – sunny, highs in the mid-80s, chance of late afternoon thundershowers – you might decide that it’s not too hard to be a meteorologist. But when it comes to predicting hurricanes, the process is highly scientific, utilizing analog data, statistical models, atmospheric conditions and ocean temperatures. According to the pros, Hurricane Season 2016 might be a big one. Each year, Duke Energy professionals study historical data and weather conditions to help crews prepare for potential power outages and destruction. Duke Energy meteorologists Max Thompson and Stanton Lanham predict that 2016 could bring 17 named storms, including eight hurricanes, with three of them major. That’s because warmer-than-average ocean temperatures in the Central Atlantic, caused...
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1 Jun 2016

Getting you to the finish line

Real estate laws vary from state to state. For home buyers and sellers who have moved here from elsewhere, that sometimes creates confusion and surprises. For example, in some states, real estate closings are not conducted by real estate attorneys. Rather, they may be done by a title insurance company or escrow agent. In North Carolina, closings are required to be conducted by attorneys who focus their practice on real estate law, and who are approved to do business with various independent title insurance companies. North Carolina has a somewhat unique system. Prior to closing, a real estate attorney conducts a title search on the property. This is to ensure the property title is “clean” – which means there are no liens or...
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6 May 2016

Selling a Home When You Have Pets #FlashbackFriday

A common question we receive from sellers is what to do with pets during a showing or open house. It’s a challenging situation. Sellers want to present the home at its best, but they also care about their pets and are anxious about their safety – and the disruption “strangers” in the home can cause their furry family. Here are five tips for keeping your pets happy while getting your house sold: 1) Animal awareness. Make sure your listing agent and anyone else involved in the sale of your home (repair people, inspectors, etc.) are aware you have pets in the home and where they are located. Introduce them to your pets, if practical, to minimize the “stranger danger” instinct in your animals. 2)...
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27 Apr 2016

How to Sell While Tenant Occupied

If you rented out a home you owned instead of selling it during the real estate downturn a few years ago, today’s seller’s market may have you re-thinking. However, if you have tenants, there are many considerations to make before putting up the for sale sign instead of the for rent sign. Some Realtors® suggest waiting, if possible, for the lease to end and tenants to vacate (although selling an empty house has its own set of issues). The question then becomes can your afford to have the house vacant for a few months during the transition? Not every landlord can. First things first. The first thing you should do if you want to sell your rental property is ask your tenants if they...
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15 Apr 2016

Is it time to downsize?

Ready to have some fun? Ready not to spend your weekends doing home maintenance and cleaning? Ready to pack away the princess’s playthings and have a grown-up guest room? Then you might be ready to downsize. The upsides to downsizing. Most of the time, we think of downsizing when the kids have grown-up and moved out, or when we’re looking at a more senior lifestyle. But today, choosing less space often has more to do with a desire to live simpler—whether you're retiring or just want a cozier, eco-friendly, low-maintenance home. According to BecomingMinilmalist.com, there are many different reasons you may decide you want to live larger by living smaller. Smaller is easier to maintain and clean. Going small can free your mind and your...
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15 Apr 2016

Is it time to downsize?

Ready to have some fun? Ready not to spend your weekends doing home maintenance and cleaning? Ready to pack away the princess’s playthings and have a grown-up guest room? Then you might be ready to downsize. The upsides to downsizing. Most of the time, we think of downsizing when the kids have grown-up and moved out, or when we’re looking at a more senior lifestyle. But today, choosing less space often has more to do with a desire to live simpler—whether you're retiring or just want a cozier, eco-friendly, low-maintenance home. According to BecomingMinilmalist.com, there are many different reasons you may decide you want to live larger by living smaller. Smaller is easier to maintain and clean. Going small can free your mind and your...
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