Wednesday, August 29, 2018 / by Jon Hazeltine
A home languishing on the real estate market is one of life’s more frustrating ordeals. Especially if you’ve owned the home for some time, there’s that emotional attachment that tells you, “Hey, this is an incredible house. It should sell really fast!”
If you’re under contract on another home or if you need to relocate there is also the need for speed.
There is no reason, at least not in the current market, that a home in good condition and in a desirable area shouldn’t sell. Homebuyers are clamoring for these homes.
There are several common reasons that homes don’t sell and one of these may just be the solution to your problem.
1. The home is overpriced
The most common reason a home sits on the market is because it’s overpriced. Asking too much for the home could be a result of you ignoring your real estate agent’s pricing advice, an error on the part of your real estate agent or because the market corrected and yo ...
Monday, August 20, 2018 / by Jon Hazeltine
As a homeowner you know that the best way to protect your home’s value is by maintaining it. And, when it comes time to sell it, you’ll find lots of ways to increase its value.
On the flip side, there are few folks willing to tell you how to wreck your home’s value. Until you met us, that is.
Use this list of tips as a cautionary tale – unless, of course, you really want a decrease in value.
1. Convert your garage
More than half of homebuyers want a 2-car garage and 86 percent want a garage with storage, according to a survey conducted the National Association of Homebuilders.
So, although you may think of yours as wasted space or just an oversized junk drawer, carefully consider what a garage conversion can do to your home’s value.
A Sacramento appraiser found that homebuyers paid between 6 and 10 percent less on homes with no garage, regardless of what replaced it.
On a $200,000 home, that’s a loss of between $15,000 ...
Friday, August 10, 2018 / by Jon Hazeltine
Real estate has three primary rules:
When something has to be repeated three times for it to sink in, you know it’s an important issue. And, when it comes to determining a home’s value – now and in the future – location is king.
When real estate agents, lenders and appraisers talk about location, however, they aren’t just referring to whether the home sits on a sandy beach. There are many aspects they take into account when determining how a home’s particular location impacts its value.
Studies in California show that the most expensive housing markets have the longest commute time.
In San Franc ...
Wednesday, August 8, 2018 / by Jon Hazeltine
Look at three or four resale homes during your house hunt and you’ll start getting the feeling that, should you purchase one of them, you will be buying someone else’s poor design ideas, lousy home maintenance and lack of cleanliness. Yuck.
It’s for this reason that many homebuyers choose a newly constructed home instead. Yes, they typically sell for more per square foot, but the extra money is worth the extras that come along with a new house. Let’s take a look at three reasons you may want to choose a new home over a resale.
1. Energy Efficiency
It’s a fact that energy efficient features lower your monthly utility bills. ...
Thursday, August 2, 2018 / by Jon Hazeltine
Selling a home looks so easy, doesn’t it? After all, what does a real estate agent do to get homes sold that you can’t do?
Russel Baze, the winningest jockey in thoroughbred horse racing, makes his job look like a snap. If you pleasure-ride, you wouldn’t be the first to think you may have what it takes to do what he does. But, we dare you to try it.
You must not only be fit enough to remain perched atop a nervous, high-strung horse but remain still as the horse accelerates down the track at speeds in excess of 30 miles-per-hour.
You’ll simultaneously need to fight the push-back that the acceleratio ...