Selling

Inheriting a property can be both a blessing and a challenge. Amid the emotional weight of losing a loved one, you are faced with decisions about what to do with the inherited property. Whether you plan to sell, rent, or keep it, obtaining a professional appraisal is a crucial first step. Here’s why getting an appraisal when you inherit a property is essential and how it can benefit you. Understanding the Importance of an Appraisal An appraisal provides an accurate and unbias

When someone inherits property or assets, there are primarily two common avenues for this process: through a trust or through probate court. Understanding the differences between these two methods is essential for navigating inheritance efficiently and effectively. Here’s an overview of each method and how to navigate them. 1. Inheriting Through a Trust What It Is: A trust is a legal arrangement where a trustee holds and manages assets on behalf of beneficiaries. When the pe

All cash offers from local investors Is it worth the repairs? It depends on what type of seller you are, and what type of home you have (Rate Your Home Here) . If you have a home rated C4-C-6, you might want to continue reading. If you have the time and resources to get top dollar, that is exactly what you should do. Here are a few good scenarios where selling as-is might be your best option: Active Liens Costly Repairs Job Relocation Foreclosure Pending or Upcoming You may b

The “Zestimate” Explained Determining the value of your home can be one Herculean task when it comes to selling a property. Price it too high and you will be stuck with the property for longer without finding a buyer. At the same time, when you price it too low, you risk making a considerable loss. There is a need to get an accurate estimate; this ensures that you sell your home within a reasonably shorter period and at the same time get the desired profit. There are a number

Before you take on selling one of your biggest investments, take a look at what you should know before doing so. How long will it take to sell? The goal is to sell in the quickest time for the highest possible price. In order to do this, you need to be realistic about the value of you home. In today’s market and when priced right, it should take no longer than 30 days to get a home under contract (less than a week in many markets!). After a contract is signed, it will take an

Did you know that the average home buyer visits 10 homes in a span of 10 weeks before purchasing? Take a look at more buyer characteristics that will help you understand your target audience. Buyers are Online According to the National Association of Realtors, 93% of buyers search online websites for homes. 4 out of 5 home buyers search for homes on Zillow. Buyers are Local Last year, 17% of buyers moved from the same neighborhood. While 35% of buyers moved from the same city

Whether you are months away from listing your home OR weeks away, these quick tips will improve your value and help you sell much faster! 1. Paint those Walls It’s likely that your home has some wear and tear over the years. A fresh coat of neutral-colored paint will give your home an updated look that buyers are looking for. Patch up nail holes and other dings in your walls. Use warm neutral colors such as tan ,  gray ,  beige , or  greige with white trim. 2. Light it Up It

Step 1 Go to Zillow.com Sign in or Create an Account (can also be connected to Gmail or Facebook) Step 2 You’re in! This is your “My Zillow” profile where you can manage your listing(s) and account info Hover your cursor over the “Sell” tab, and click “Post For Sale By Owner” Step 3 After confirming your address/location, you will be taken to edit the listing Set your price (you can change later) Scroll down to enter as many details & photos of your home as you can Step 4 Whe

Condition Rating Before coming up with a listing price, you need to grade the condition in which your home is in. What important updates/renovations have you made, if any? Has your home been well maintained over the years? How old is it? Are there any big ticket items ( see our article ) that need addressed? Real estate appraisers will rate the condition from C1-C6, so take a look at our guide below to see where your home falls. C1 New Construction and has not been previously

Pricing your home based on comparable homes sold After you’ve rated your home’s condition ( Using Our Guide ), the next step is to compare with sold homes that are similar to yours, then make positive and/or negative adjustments accordingly. These homes are what we in the industry like to call “comparables” or “comps”. What is a comparable home? The FIRST thing real estate appraisers and realtors will look at are the comparables. These comps should be: 1. Close in Distance –

It’s overpriced – Take a look at other homes for sale in your area as well as the homes that have sold. If yours is much higher than the comps, this is usually the reason. It’s poorly marketed – Whether you are a “For Sale By Owner” using just yard signs (and maybe Zillow) OR your realtor didn’t take great photos, sometimes unique properties sit longer than others.

REMEMBER: An offer is NOT valid until it is in writing and is signed by the buyer. A contract is NOT binding until BOTH buyer(s) & seller(s) have signed.  When you receive an offer, make sure that you understand special clauses or sale contingencies. This gives the buyer the right to walk away with their earnest money if these clauses/contingencies are not met. Common Sale Contingencies Inspection Most offers will be contingent upon a home inspection. If needed, the buyer (or