October 2017 - BuyersHomeStore.com

Don’t assume that because we’re right in the middle of a seller’s market; your home will simply sell itself. Buyers are smarter today, have more tools to work with, and they’re not going to settle. They’ll happily move on to the next house knocking the dust off their feet along the way! But you have the power to display your home like the showcase it is.

Here are some simple things you can do right now to put your beautiful home at center stage!

List Your Home at the Right Price

Buyers aren’t very forgiving when it comes to homes that are grossly over-priced. Like I said, they’ll laugh and keep it moving. You need to price your home according to the market in your immediate neighborhood.

That means, pricing based on what has already sold recently in your neighborhood. If your home is listed 15k higher than any other home in your neighborhood; then there better be a reason that’s worth 15k more! And in almost every case, there isn’t. If your home does fall into that rare category; we always recommend getting an appraisal done on the front end. This way you can confidently show prospective buyers what your home is worth.

Make Sure Your Home Has Curb Appeal – Not Curb Repel

Just like we appreciate a beautiful presentation on our dinner plate, making us want to dive in fork first – the outside of a home is no different. Good curb appeal draws a potential buyer inside. Overgrown shrubs, dead grass, dull exterior paint on the walls and/or your front door, and a cracked or fading driveway are all indications to buyers that the inside might be worse.

Continue The Appeal Throughout Your Home

Now that you’ve set the bar high with your stellar curb appeal, don’t let your buyers down with the interior. Making simple updates to the interior of your home doesn’t have to be overwhelming or break the bank. Here are 3 simple ways to impress buyers to make an offer:

Make small but impactful updates like refreshing the interior paint and changing any outdated fixtures. These easy changes make a big difference to buyers. Remember, any sign of wear or neglect will give the impression to buyers that there may be more they can’t see.
De-clutter by removing any unnecessary or over-sized pieces of furniture that may hinder the flow of traffic in your home. Also, remove your family’s personal clutter such as mail and paper-work by placing out of sight. Get a jump start on your moving by packing away all unnecessary items (especially up high and down below) in all closets to allow buyers to see there’s more than enough room for all their stuff. And finally, pack away family photos and other memorabilia that keep buyers from seeing themselves in your home.
Stage each room carefully to show buyers how to use each room. For example, if you have an odd room that doesn’t flow with the rest of the house; stage it to visually tell buyers why that room is a great feature to the house. Also, if you currently use a room for an unusual purpose, you may want to stage that room to show the most common use.

Be Flexible with Showings

When you are selling your home, it increases your chances of getting a contract when you are open to showings as they are requested. This doesn’t mean you can’t have a life while you’re selling your home, but being open to last minute showings whenever possible prevents you from missing out on a possible offer.

To keep the stress down with showings, it helps to keep mess and clutter under control on a daily basis. Keeping mess hidden in nice, covered baskets such as a hamper for dirty clothes keeps the mess in the room but out of sight. This prevents the last minute clean up before showings.

If you’re ready to sell your home, there’s no greater time than a seller’s market! To get more information on how to sell your home and get the listing process started click here.

Becoming a first time home buyer and walking in the doors of your very own home has always been the American dream. It confirms inside yourself that you’ve reached a level of success in your life. You finally have the keys to open the door to your very first home!

But how do you know if you’re really ready to take the big step to become a first time home buyer There’s no need to worry. It’s pretty simple to tell if a person is ready to buy a home – or not ready for that matter.

Several years back during the housing crisis, many homeowners lost their homes to foreclosure. In the wake of that horrible season, we all learned some valuable lessons. One of which was that many of those who did lose their homes, simply weren’t ready to be homeowners in the first place. Sad but true.

Let’s learn from those mistakes and decide today to make better choices. And part of making better choices is self-evaluation. In order to get where you want to go; you need to first know where you are.

If you’re looking at a road map or even getting directions from your phone; you need to have a starting location or else you can’t possibly know which way to go.

Use the following signs as a means to find your starting location. These points will help you see if you’re in a good place for buying a home and certainly give you your starting point.

Find Your Starting Location

Sign #1: You have steady income and employment

In order to be ready for your monthly mortgage payments, taxes, insurance, and other expenses; you must have steady and reliable income. A lender will not have confidence in a person’s ability to pay back their loan if they aren’t able to show they’re responsible to get and keep a job for a significant length of time.

Sign #2: You will be living in your current city for the next few years

If you work in a profession that constantly requires you to be relocated to another city or state; home ownership may not be the best option for you until your living situation becomes more permanent.

Sign #3: You have an established and favorable credit record

Gone are the days of the low document home loans that don’t require extensive proof of income and credit documents. You must show that you are a reliable consumer who pays his bills every month and on time. If your credit is or has been an issue for you; it’s not too late to save it.

You need to start by pulling your credit report from all three bureaus. You can order one free tri-bureau report a year through annualcreditreport.com. Once you have your credit report in hand, you can see a true picture of not only your scores but the actual credit items on your report. You can begin making a plan to dispute any false or duplicate charges, and pay off those legitimate ones. It’s never too late to bring your credit back to life. Little by little, it will make a tremendous difference.

Sign #4: You have at least 3 months of income saved for the unexpected

Savings is essential for keeping a successful home. Dave Ramsey with Financial Peace University calls savings Murphy Repellent. When you have money ready for the unexpected; it seems like the unexpected rarely comes. Not only that, but when trouble or annoying issues do show up; you can take a loan from your own savings instead of a bank. Getting loans from the Bank of You is great because you always get approved and all loans are interest free! Just be sure to act with integrity by paying yourself back just like you would with a bank.

Sign #5: You live a budgeted life

You don’t need to live off an extremely restrictive budget, but you must have a clear understanding of where your money is going each and every month and are sure you always have enough in store. Having a plan for your money (a budget) means all your money has a place. It’s just like in your home. If everything has a place and it all goes to its place on a fairly regular basis; your home will flow and be more organized – instead of overrun by clutter. Budgeting keeps the clutter out of your finances and keeps things flowing.

Now, that you know where you are; you can make a wiser decision on where you need to go next.

If you are reading this and feel confident that you are in a good place to become a first time home buyer; contact us today! We are dedicated to helping first time home buyers get qualified to make home ownership a reality.

CALL TODAY: 813.235.4951

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