Posts with tag 'Home-selling tips'
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28
Buying and Selling a Home: How to Bridge the Gap
There may be a point when you're faced with a sudden transition and have to purchase a new property even before you sell your old one. In this scenario, you might wonder if you should apply for a bridge loan to span the gap between the sale and purchase. Our real estate agents explain how bridge loans can ease the transition from one house to another.
What Are Bridge Loans?
Also known as "gap financing," bridge loans are temporary loans used in residential and commercial real estate. They provide a lifeline for buyers who are eager to buy a new home before they've sold their current one. Unless you have enough cash for the down payment, it can be hard to qualify for a loan to finance a new home while you're still saddled with mortgage payments on your current home.
With a bridge loan, you'll use the loan amount as the down payment for your new home, which makes the process go more smoothly. And like home equity loans, HELOCs, and mortgages, your current home will serve as collateral. You can then move into your new home and start focusing on selling the old one.
23
Selling a Home: Must-Do Fall Maintenance
Fall is a time for change and selling your home is one of the biggest changes you can make. If you're eyeing an upcoming date to list your home, you want to make sure the entire property is ready for prospective buyers to view. Hopefully, you've been diligent with your seasonal maintenance tasks. As one of the most important responsibilities that come with homeownership, neglecting the many interior, exterior, and landscaping tasks around your property can lead to inconvenient and expensive problems down the road.
However, even if you have remained on-schedule with your monthly maintenance responsibilities, there are a few others you may want to focus on if you're hoping to list your home for sale in autumn. Our real estate agents share tips to help get your home ready.
26
Sellers: Does Your House Make the Smart Home Grade?
You've remodeled the bathrooms, upgraded the kitchen and put up a fresh coat of paint on every wall. Your landscape is lush, your garage door is brand new and your home's curb appeal is enough to catch the eye of any passerby. What more could a prospective buyer ask for when looking at South Bend homes for sale?
Although the traditional advice for home sellers preparing to list their property has always revolved around updating the kitchen, bathrooms, and exterior, today's real estate market is full of buyers who crave a contemporary upgrade that requires much more than new windows and doors.
Technology from Wall to Wall
Technology has been integrated into nearly every aspect of our lives, including our homes. Products small and large now come with Wi-Fi or Bluetooth capabilities. Appliances and devices are designed with complex computer systems that enable us to control these resources by voice, with a single touch, or even remotely from miles away. These innovations dramatically change the way we engage and interact with our homes.
29
Storage Unit to the Rescue: How to Declutter to Help Sell Your Home
It's difficult if not impossible to sell a cluttered home. When looking for South Bend homes for sale, a disorganized home can turn off prospective buyers. Many are unable to see past the surface clutter to the infinite possibilities of the space.
That's why most South Bend real estate agents recommend that before homeowners list their properties, they first declutter their living spaces and consider renting a storage unit to hold some of their household goods.
Decluttering to Sell
Everyone has different levels of tolerance for the amount of clutter they can live with, so it's important that you defer to your agent's expertise in this assessment. He or she has a vested interest in moving your property quickly and for the highest selling price, so if the agent suggests decluttering and storing household items, heed their advice.
Homes without clutter appear larger. Most industry leaders suggest that when staging a home for sale, about 30 percent of the furnishings and contents should disappear. Because family photos and pet items are so owner-specific, it's better to (temporarily) part with these so potential buyers can more easily picture themselves and their belongings in the home.
27
Home Sellers: These Are the 5 Exterior Features Buyers Want
If your home will soon be listed among South Bend homes for sale, you've probably already been busy updating its interior to make it appealing to home buyers. While making the interior of your home shine is certainly essential, your home's exterior needs some attention too, and overlooking it can be an expensive mistake. Getting your home sold quickly and at the right price means presenting a complete package to potential buyers, a home that is attractive and functional inside and out. So what can you do to make your home's exterior more appealing to buyers? Here are the 5 exterior features buyers want:
- Exterior lighting – Outdoor lighting is the top exterior feature buyers look for as they shop for a new home. Exterior lighting is attractive, increasing curb appeal, and it's also a key feature for home security purposes. Lighting to consider includes walkway lights, spotlights to highlight landscape features, and soft pendant lighting for porches or patios.
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