If you’re thinking of buying a home, you are going to want to get the most home for your money. But how do you do that?
Just as in any business deal, negotiation is going to come into play when you put in an offer on a home. There are a few things that you can do as a buyer to help you have some negotiating power, and with your real estate agent guiding you, making some informed decisions and maneuvers can increase your odds of landing the home that you want at a price that you can afford.
You’d really have a hard time finding many folks who enjoy packing for a household move. Still, if you are moving, the packing part must be tackled — whether you do it yourself or hire a crew to do it.
“Packing is expensive, time-consuming and stressful,” said Denise Baron, a home and lifestyle expert in Philadelphia.
If you’re going the DIY route, here are nine tips to make the task simpler:
1. Clear out the junk
Get rid of items you don’t plan to move to your new place, said Lori Matzke, a home-staging expert and former home organizer in Minneapolis.
“If you? intend to give something away to a friend or family member, either deliver ?it to them promptly, or set a deadline for them to come and pick it up,” Matzke said.
For those items that aren’t being handed off to friends or relatives, consider selling them at a garage sale or donating them to charity, or simply toss them.
2. Collect free boxes
Rather than forking over money for boxes, check with local grocery, liquor and hardware stores to see whether they can give you leftover ones.
“Liquor store boxes are ideal for books and heavier items, as they are ?usually more compact, easier to handle and sturdy,” Matzke said.
Read More: http://www.zillow.com/blog/tips-for-packing-for-a-move-144121/
My husband and I just completed the negotiation process of the home inspection for the sale of our house. While we took pride in keeping our home up-to-standards, there were a few items the home inspector caught that the buyers wanted fixed. Here's how we negotiated to a fair deal for both parties:
Understand what you really want.
We already were under contract on our new home, so we wanted to make sure we didn't loss a great, qualified buyer. From our perspective, we had come to a fair sales price in the offer negotiation, and it was most important that we didn't loss a qualified buyer. While we didn't want to get nickeled and dimed for every little paint chip and dent in our home, we were willing to be realistic on what really needed to be fixed, verses what we could push back on.
Before you start countering a buyer's demands, determine how much the items they are asking for really cost. For example, the inspector found that we had a small crack in our fireplace fire box. We originally were very concerned that this would be a major masonry expense and would be a deal breaker for the buyer if we didn't get it fixed. We ended up calling a few certified companies in the area and received a quote for less than $200. If we had pushed back on the buyer and simply said no due to fear of the expense, we may have lost a qualified buyer for something that really only cost us $200.
Read More: http://voices.yahoo.com/four-tips-negotiate-through-home-inspection-12545164.html?cat=3
According to CoreLogic's Home Price Index (HPI), the 11 percent increase in December home prices represented the 22nd consecutive monthly year-over-year increase.
Freezing temperatures did little to cool the housing market in January. The Pending HPI forecasts home prices to have risen 10.2 percent higher than the year before.
Excluding distressed sales, including short sales and foreclosures, equity sales prices rose 9.9 percent in December and are expected to rise 9.7 percent in January year-over-year.
A slowdown in momentum is not necessarily a halt to brisk housing sales.
Leads, leads, leads.
I’m attending my local real estate investor’s club meeting tonight and getting ready to socialize with acquaintances and friends.
There is something special that I make sure to do at every real estate club meeting or group function I attend.
Seller leads come from advertising that you put out into the world, such as; bandit signs, postcards, letters, door knocking, calls to fsbos, car magnets, direct mail campaigns, etc.
On the other foot there is marketing which is branding yourself as a specific type of investor that is looking for a specific type of deal. One thing I make sure to do is to stand up and make a dignified-spectacle of myself at local club meetings.
The end result is that I get noticed and remembered. What I say is the same thing every time, and folks get used to hearing it.
In some ways, the buyer-real estate agent relationship is similar to a romantic one. In either situation, the relationship’s success or failure depends a lot on picking the “right” partner from the beginning. Chemistry and communications also play an important role.
Here’s how you can find the best real estate agent “match” and nurture that relationship to achieve your goal: buying your dream home.
Do your homework
Today, buyers start researching properties online well before they contact an agent. This early research period should also be the time to have your feelers out for a good agent. In fact, the best time to connect with an agent is when you’ve got some knowledge of your local market but need more input, a second opinion and a professional’s guidance.
Read More: http://www.zillow.com/blog/2014-02-11/how-to-find-best-agent/
Selling a home can be difficult — you probably want to sell in a certain time frame and for the maximum price. For most of us, it represents one of the biggest financial transactions of our lifetimes, and it can help to have expert guide us through the process. A knowledgeable and trustworthy real estate agent can be a huge asset — and you want to do a thorough screening to get the best match for you.
You’ll want to ask about commission, of course, but it doesn’t stop there. Here are five questions that you should ask your potential real estate agent.
1. What’s Your Experience Like?
This is an important question because it will tell you how long the agent has been selling homes and what kinds of of properties they usually deal with (condos or single-family homes, or in-town or suburban). It’s important to find someone who not only has years of experience, but someone who is familiar with the neighborhoods you’re interested in and often sells homes in your price range.
Read More: http://www.foxbusiness.com/personal-finance/2014/01/31/5-things-to-ask-your-real-estate-agent/
Every year, millions of us pack up our homes and head across town or across the country to new digs. While the thrill of living in a new place can be exhilarating, the prospect of sorting through belongings, packing boxes and loading trucks is considerably less exciting.
Here are eight things you can do to prepare your home for a smoother move:
1. De-clutter your home
Home design consultant DeAnna Radaj recommends asking yourself these three questions whensifting through your belongings: Do I love it? Do I use it? Do I need it? If you can’t answer “yes” to at least two of those questions for each item, then you should sell, toss or donate it, she said.
Consider holding a garage sale to get rid of unwanted stuff, said Brandon Morris, president of North Dallas Moving and Storage. “This can help you save on packing expenses, because ?why pay to pack things you do not want?” he said. “The money from the garage sale ?could also pay for your packing expenses on the things that you do want.”
Read More: http://www.zillow.com/blog/2014-01-28/prepare-home-for-move/
Sales of foreclosed and distressed homes made up 16.2% of all home sales last year, up from 14.5% in 2012, according to RealtyTrac. Overall, U.S. home sales were up 10% year-over-year.
And many deals were done in cold, hard cash. All-cash deals accounted for 29.1% of all home purchases last year, up significantly from 19.4% the year before, RealtyTrac said.
The surge in sales of distressed properties comes despite the fact that far fewer Americans lost their homes to foreclosure last year.