Posted by Peggy Farber on 8/14/2019

Believe it or not, home sellers may encounter many expenses after they list their residences. These costs include:

1. Home Cleaning and Maintenance Costs

Before you start showing your residence to prospective buyers, it often is beneficial to clean your house. As such, you may need to purchase assorted cleaning supplies. Or, you can always hire a professional home cleaning company to help you enhance your house's overall appearance.

Don't forget about home maintenance expenses too. Remember, you'll want to do everything possible to improve your house's curb appeal to ensure your residence stands out to potential buyers. And if you budget for the costs associated with fixing damaged home siding or performing lawn care tasks, you may be better equipped than ever before to find cost-effective ways to bolster your home's curb appeal.

2. Home Repair Costs

After you accept a buyer's offer to purchase your home, the buyer likely will request a property inspection. And if an inspection reveals myriad home repairs are necessary, you may be required to spend money to complete these repairs. Otherwise, you could put your home sale in jeopardy.

Oftentimes, it is helpful to conduct a property inspection before you list your residence. This will enable you to assess your home with a professional inspector and identify any problems. Then, you can perform home repairs prior to listing your residence and reduce the risk of possible home selling delays down the line.

3. Moving Costs

Once you sell your home, you will need to relocate your belongings from your current address to a new location. Thus, you should consider the costs associated with moving boxes and packing supplies and budget accordingly.

Furthermore, you may want to hire a professional moving company to help you transport your belongings from Point A to Point B. If you review the prices of local moving companies, you can find an affordable option that matches your budget.

There are many costs that you may encounter as you proceed along the home selling journey. But if you work with a real estate agent, you can receive comprehensive property selling support. And as a result, you may be able to cut down on potential costs throughout the home selling cycle.

A real estate agent is committed to doing everything possible to help a seller achieve the best-possible results. Therefore, a real estate agent will learn about your home selling goals and create a personalized property selling strategy for you.

Plus, a real estate agent is happy to respond to any home selling concerns or questions. This housing market professional will go the extra mile to guarantee you can enjoy a seamless property selling experience. With assistance from a real estate agent, you can handle any potential problems that may arise during the house selling journey.

For home sellers, it usually is a good idea to budget for potential property selling expenses. If you put together a budget, you could boost the likelihood of enjoying a fast, profitable property selling experience.




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Posted by Peggy Farber on 8/7/2019

There is a lot that goes into the buying and selling of a home Not only are there many steps to take but it can feel like there is a report for everything. It’s easy to forget what they are or why they are necessary.

Three processes that seem similar to home buyers are the home inspection, comparative market analysis, and the appraisal.

Here’s what each them is and how they are different:

First, let’s look at the home inspection.

The home inspection

What it is:

This is probably the one you are most familiar with and have heard the most about. During a home inspection, an inspector is paid to come and test all of the appliances, outlets, plumbing as well as the heating and cooling system.

What this information is for:  

This information is for you the buyer, It is to help make a well-informed decision as to whether the investment you are making is worth the current state of the home. Whether there be repairs that will have to be made or replacements that will need to happen down the line.

The custom market analysis or CMA

What it is:

A sales report your real estate compiles using data they have exclusive access to. This data is compiled into a database used solely by other real estate agents.

What this information is for:

A CMA is used by you and your agent to determine if an asking/selling price is fair. You’ll be able to compare the pricing to other listings and conclude whether it is higher, lower or on par with other offers. This is incredibly useful no matter which end of the spectrum you plan on selling or buying.

An appraisal

What it is: A licensed appraiser comes to visit the home and inspect it solely for value. This is determined by the location, state of and surroundings of the home. Your potential home will be compared to other similar properties in the area to come to a conclusive value.

What this information is for:

The final approval of your mortgage terms by your lender. If the determined value is much lower than your offering price you can be declined a mortgage.

As you can see, each of these processes has varying impact on the final purchase of your home. The information obtained from a home inspection is up to solely your discretion. That gathered from the CMA helps you to determine where the asking price of a home is sitting in comparison to others on the market. And in turn, whether you’ve got a really great deal on your hands or an inflated price. And lastly, perhaps the most important is the appraisal. The information gathered from this process is what your lender uses to determined whether or not to lend you the requested amount.




Tags: home inspection   appraisal   cma  
Categories: Uncategorized  


Posted by Peggy Farber on 7/31/2019

Moving can be fun, stressful, or both. If you and your family are moving soon, your mind might be racing with all of the preparations you need to make before the big day.

The best course of action is to start organizing and planning now so that you can rest easy the night before your move knowing that everything is accounted for.

In this article, we’ll show you how to do just that. We’ll talk about how to get the whole family involved in moving day, what to do with pets, and how to ensure the smoothest move possible so your family can look back on their first day in their new home with fond memories.

Getting organized

There are two key resources that you’ll need to make and refer back to as you prepare for moving day. You’ll need a calendar and a well-organised to-do list.

If you’re prone to depending on your smartphone, then it could be a good idea to add these items to your existing calendars and to-do list apps and sync them with your spouse and children. Most apps have this capability, making it easy to all stay on the same page.

Alternatively, you can use a physical calendar that it hung up in a highly visible area, such as on the refrigerator. Keep your to-do list next to it so you can cross off tasks as they’re accomplished.

On the calendar will be dates like calling your moving company for an appointment, closing on your new home, inspections, and confirming appointments with the movers and real estate agents. You’ll also want to pick a day close to your move to call and set up an appointment for utilities to be installed at your new home.

Getting the family involved

Every team needs a leader. If you’re leading your family through the moving process, it’s your responsibility to keep them in the loop. There may seem like an overwhelming number of tasks to achieve, but your family is there to help. Pick days to have your kids help you make boxes and pack the non-necessities.

You can make moving fun by “camping” inside your home for the last few nights. Since most of your belongings will be in boxes, it’s a fun excuse to set up a tent in the living room and take out the flashlights.

During the last day in your old house, make sure everyone has a survival kit filled with the items they’ll need when arriving at the new house. This includes toothbrushes, medication, phones and chargers, and other essentials.

Moving with pets

Moving can be even scarier for our pets than it is for us. There’s no way to explain to them what’s going on, and they’ll be looking to you for cues that everything is okay.

If you have a friend or relative who can take your pet to their home during the move it will make the moving process much easier--keeping track of a pet while you’re trying to carry boxes is no easy feat.

To ease your pet into their new home, take them to visit before the move if possible. Put some of their favorite toys or their bed and blanket in the new home so they’ll have some comforts for their first impression.


If you follow these tips you’ll be on your way to a fun, and mostly stress-free move into your new home with your family.




Tags: moving tips   family   pets   moving day  
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Posted by Peggy Farber on 7/24/2019

Refinancing your home can have many benefits. First, you’ll be able to take out money to address immediate needs in your home like improvement projects. These things can only benefit your home’s value in the long term. Before you take the leap to refinance your home, you should be sure that you’re actually ready to take this step. Knowing what you’re in for allows the entire process to go more smoothly. Read on for tip to understand more about the refinancing process and what you’ll need.


Know Your Finances


Just like when you initially purchase a home, refinancing your home will require you to have your finances in order. Take a look at your budget and needs and determine if it makes sense for you to refinance your home. For example, your employment status or distance from life goals like retirement could have a factor on the term of the loan you’re willing to take out. A 15-year mortgage may make more sense than a 30-year mortgage, but your monthly payments will also be a bit higher. You need to take all of this into consideration before you refinance. 


Your credit score will also be a factor in refinancing your home just as it was when you initially bought your house. Check your score and see if any red flags pop up. Getting these corrected earlier rather than later can help you to get a better rate on the loan. There are plenty of free services that exist online that allow you to check your credit score.   


Know The Value Of Your Home


If you know the value of your home and understand how much equity you’ve built up in the house, it will give you a better idea of your refinancing options. You can’t get more than 70% of what your home is currently worth as a cash-out refinance. If you owe more than your home is worth, you might be in a tighter financial situation than you realize. You can do plenty of things to increase the value of your home; it will just take some time. You may even consider selling your house, making a move, and starting from scratch. Financially, this could be the best option, and you could also end up with a better interest rate.


Getting your finances in order and the simple act of preparing for a home refinance could give you some insight into your financial picture after being a homeowner for some time.


Stay out of debt. Don’t open new accounts. Pay down any debt you may have. That is the standard advice for people who are trying to get in good financial standing before buying a home or refinancing a home. 


Do some research and find the best home loan refinance rates around. Then, look into your own finances and decide what’s best for you regarding refinancing your home loan.      





Tags: Mortgage   refinancing  
Categories: Uncategorized  


Posted by Peggy Farber on 7/17/2019

When moving one of the room most families dread packing the most is their child’s. Overflowing toy boxes, stuff crammed under the beds, and who know’s what in the closet. It’s an epic task to take on, usually with just as much cleaning needed as packing. But with a move comes a new room and a clean slate. 

Here are my top tips to keeping an organized child’s room (and for longer than 2 hours):

The most important step is to downscale the amount of stuff your child has. Toys are usually the number one culprit when it comes to a child’s clutter. Plan a day to have a massive clean sweep with your child where you work together what toys stay and which need to go. The more you can clean out the less you’ll have to move and the easier it will be to organize at the new house.

As you decide what stays think about the different categories the remaining toys fall into it. Which does your child reach for the most? Do they like to play with trains and action figures at the same time but just legos by themselves? Asking yourself these questions will help you to create organizational categories that make sense to your child.

Once you have some categories decided on, think about how to organize them. What systems do you already have in place and how do they work for your child? One of the biggest stumbling blocks families face in maintaining an organized home with children is a lack of understanding for how much a child can handle.

Keeping things simple with baskets and buckets toys can be placed in can make a huge difference in how tidy a room stays. Zippered, closed, sectioned or stacked containers, especially for young children, are harder to manage. Paired with piles of toys a child can become quickly overwhelmed at cleanup time.

By cutting down on the number of toys your child has, organizing them in a way that makes sense to how your child plays with them and opting for open containers sets your child up for cleaning success. The simpler you can make it the easier it is for them to take on the task. Pairing this setup with learning habits like cleaning up one set of toys before moving on to another will keep your child’s room tidy for months, and even years, to come.

And the biggest secret to avoid clutter from building up again? Before each birthday, holiday or gift receiving event go through your child’s toy collection and clean out what they no longer use to make room for new toys. If you want to go even further, encourage friends and family to gift your child experiences instead of material goods for celebrations.




Tags: playroom   child   organize  
Categories: Uncategorized