Anthony A. Fears' Blog
Selling a house should be a rewarding experience. Yet problems may arise that prevent you from quickly and effortlessly selling your house and maximizing its value.
Lucky for you, we're here to offer insights to ensure you can seamlessly navigate the home selling journey.
Now, let's take a look at three tips to help you enjoy a successful home selling experience.
1. Perform Home Upgrades
How your house looks to buyers is a factor that could impact how quickly your residence will sell. For example, a residence with a messy front lawn is unlikely to make a positive first impression on potential buyers. On the other hand, a residence that features a clean, pristine front lawn may generate lots of interest when prospective buyers see this house for the first time.
Allocate time and resources to upgrade your house's exterior. Mow the front lawn, trim the hedges, fix any damaged siding and perform home exterior maintenance and repairs. That way, your house's curb appeal will make it easy for potential buyers to fall in love with your residence as soon as they see it.
Also, don't forget to conduct home interior upgrades. If homebuyers like what they see when they enter your home, you may boost the likelihood of a fast, profitable home sale.
2. Remove Clutter
Antiques, decorations and various personal items may fill your house. Although these items may provide your house with a distinct look and feel, they are unlikely to do you any favors as you try to showcase your residence to buyers.
Ultimately, it helps to eliminate as much clutter as possible from your home. If you can show off the true size and beauty of your living space, homebuyers should have no trouble envisioning what life may be like if they purchase your residence.
3. Hire a Real Estate Agent
Selling a house can be challenging for first-time and experienced home sellers alike. Fortunately, if you hire a real estate agent, you can receive comprehensive assistance as you navigate the home selling journey.
A real estate agent will do everything possible to ensure you can enjoy a rewarding home selling experience. He or she will learn about you and your home selling goals and put together a personalized home selling strategy. Plus, a real estate agent will promote your residence to prospective buyers, set up home showings and open house events and respond to any buyer questions about your home.
In addition, if you receive an offer to purchase your residence, a real estate agent can help you evaluate this proposal. A real estate agent can provide home selling insights as you weigh the pros and cons of an offer to purchase. By doing so, he or she will enable you to make an informed decision.
Ready to take the guesswork out of selling your residence? Take advantage of the aforementioned tips, and you can benefit from a rewarding home selling experience.
Listing a home is a key step during the property selling journey. And if you fail to plan accordingly, you risk creating a home listing that misses the mark with prospective buyers.
Ultimately, there are several things you need to consider before you craft a home listing, and these include:
1. Your Home's Features
As a home seller, your goal is to stir up significant interest in your residence. Fortunately, an effective home listing can help you do just that, particularly if you use your house listing to highlight your residence's features to buyers.
Think about what makes your home unique. Then, you can incorporate information about your home's distinct features into your house listing.
Furthermore, you may want to include high-resolution images of your home in your listing. That way, you can show buyers exactly what your home has to offer and help them make an informed decision about whether to pursue your residence.
2. Your Initial Home Asking Price
How you price your home can have far-flung effects on your house selling experience. In fact, if you set an initial asking price that exceeds a buyer's budget, you may struggle to generate interest in your residence.
As you put together a home listing, evaluate your house's age and condition. You may want to conduct a home appraisal as well. Because if you conduct a home appraisal, you can receive a property valuation that you can use to set a competitive initial asking price for your house.
Also, spend some time reviewing the prices of available houses that are similar to your own in your city or town. This housing market data can help you see how your residence stacks up against the competition so you can price your house appropriately.
3. Your Home Selling Timeline
Your home only gets one chance to make a positive first impression on buyers, and a listing enables you to make the most of this opportunity. If you need to sell your house as quickly as possible, you should do everything you can to ensure your listing garners buyers' attention.
Generally, you should avoid jargon in your home listing. Use clear, concise terms and ensure the listing is easy to read.
Before you finalize your home listing, you may want to consult with a real estate agent, too. A real estate agent is happy to review your home listing and offer recommendations to help you improve it. Plus, a real estate agent can promote your residence to potential buyers and ensure you can enjoy a quick, profitable house selling experience.
For those who want to achieve the best-possible results during the home selling journey, it usually is a good idea to create an effective house listing. If you consider the aforementioned factors, you can boost the likelihood of crafting a home listing that captures buyers' interest. And as a result, you could accomplish your desired home selling results in no time at all.
We all know that buying a home is expensive. For first-time buyers who don’t have the luxury of equity for a down payment, it can be difficult to find a way to finance your home without taking on a huge interest rate and mortgage insurance.
Fortunately, loan programs like those offered by the U.S. Veterans Affairs can be a godsend. However, there is a great deal of confusion around who is eligible for VA loans and how to acquire them.
So, in today’s post, we’re going to cover some of the frequently asked questions of VA loans. That way, you can feel confident in knowing whether or not it’s a good financing option for you and your family.
VA Loans FAQ
Who is eligible for a VA Loan?
VA loans aren’t just for veterans. Most members of the military, including Reserve and National Guard members can apply. Additionally, spouses of service members who died from a service-related disability and those who died on active duty can apply as well.
How long do you have to service to be eligible?
The VA defines eligibility as having served no less than 90 days of service during wartime and 181 days of continuous service during peacetime.
Who are VA Loans offered by?
Like any other loan, VA loans are offered by private lenders. The difference is that VA loans are guaranteed by the government. That means that the federal government takes on some of the risk of lending to you, therefore making it possible to secure a loan with little or no down payment.
Should I make a down payment on a VA loan?
If you have the means, making a down payment will almost certainly save you money in the long run. If you can put down 10% of your total mortgage amount, you can also significantly reduce the VA Funding Fee.
Will I have to pay private mortgage insurance?
Private mortgage insurance (PMI) is something that borrowers pay on top of their mortgage payments and interest. This additional insurance helps borrowers buy a home with a small down payment. VA loans allow you to secure a mortgage without PMI.
Are VA loans different for active duty, National Guard, and Army Reserve members?
Each type of service member is eligible for a VA loan. However, there are some minor differences regarding the VA Funding Fee. With no down payment, an active duty member would pay 2.15% of the loan amount in fees. National Guard and Army Reserve members pay around 2.40% with no down payment.
What does my credit score need to be to get a VA loan?
The VA doesn’t have a set minimum credit score. However, the private lenders that offer the loan do. On average, the lowest credit score that you can secure a VA loan with is around 620. That being said, a higher score will secure you a lower interest rate, saving you money over the lifetime of your loan.
As a home seller, you'll likely want to do whatever you can to promote your house to the right groups of homebuyers. Thus, hosting an open house is a must, particularly for a seller who wants to enjoy a fast, profitable home selling experience.
Ultimately, there are many reasons to conduct an open house, and these include:
1. You can stir up interest in your house.
An open house enables you to provide homebuyers with an up-close look at your residence. It allows these buyers to look beyond a home listing, and as such, may lead to many potential offers on your home.
Of course, an open house empowers you to show off the true size and beauty of your home as well. If you allocate the necessary time and resources to clean your home prior to an open house, you may increase the likelihood of securing offers at the event's conclusion.
2. You can respond to homebuyers' questions.
Although a home listing may include details about your house's age and condition, it fails to provide homebuyers with a "feel" of what it's like to walk around inside and outside your residence. Fortunately, an open house allows buyers to get a first-hand look at your residence and determine whether your house matches or exceeds their expectations.
Furthermore, an open house provides homebuyers with the opportunity to ask questions about your house. And if you provide buyers with the information they request, you can make it easy for them to decide whether to submit an offer on your home.
3. You can analyze homebuyers' interest in your residence.
Believe it or not, an open house can help you gauge the effectiveness of your marketing efforts.
For instance, an open house that features dozens of potential buyers likely can be considered a resounding success. On the other hand, if no buyers attend your open house, you may need to reevaluate your home's initial asking price and other home selling factors.
When it comes to hosting an open house, there is a lot to consider. Luckily, you can work with a real estate agent to streamline the process of putting together a successful open house.
A real estate agent is a home selling guide who can offer expert tips and insights at each stage of the home selling journey. He or she will learn about your residence and help you map out a successful home selling plan. Perhaps best of all, a real estate agent will set up open houses, help you assess offers on your residence and ensure you can make the best-possible decisions throughout the home selling process.
If you're worried about hosting an open house, there is no need to stress. Hire a real estate agent today, and you'll be able to receive comprehensive home selling support. In fact, with a real estate agent at your disposal, you can seamlessly navigate the home selling cycle.
In a not-so-distant future, American homeowners may not have to worry about blackouts any longer. Tesla’s giant battery recently powered up Australia’s grid after a power outage in just milliseconds. And, with new, green technologies, constantly being pursued, it could be within reach to say goodbye to blackouts once and for all.
However, we’re not quite there yet. And, if you live in the colder areas of the country, you’re also at the beginning of the worst season for snow and ice that can wreak havoc on power lines.
So, to help get you prepared, I’ve written this list of things you can do to start preparing yourself, your family, and your home for your next power outage.
Read on for the list.
1. Emergency supplies list
It’s vital to have the supplies on hand before a power outage hits so that you don’t have to be wandering around your home in the dark fishing for things you might not even have.
To avoid this, it’s a good idea to keep a supplies bag packed and tucked away somewhere safe. It’s also important that your family knows where this bag is located in case you’re away when the power goes out.
Now, let’s make your list:
Flashlights and batteries - Two quality flashlights with batteries should be on everyone’s emergency list. Make sure your batteries were recently bought and that they are of high quality that won’t run out of juice in just a few minutes. Also, consider including a wind-up flashlight that doesn’t require batteries for use in case you forget to replace your old batteries.
Radio - Most of us keep our cell phones charged up, but we’ve all been guilty of letting them get too low on charge. In these situations, it’s good to have a battery-powered radio to listen to the news.
Power bank - Speaking of cell phones and their poor battery life, consider buying a power bank and keeping an extra charging cord in your bag. Make a note to charge up your power bank every few weeks to ensure it will be charged when you need it most.
Cash - If the blackout effects more than just your neighborhood, many stores’ ATM and credit card machines may be down. It’s a good idea to have a stash of cash for emergencies.
Optional: generator - while you don’t need to buy a generator for your average power outage, it can help if you live in an area that experiences them frequently.
2. Familiarize yourself with your home
Find out where the shutoff valves for water are, learn the layout of your circuit breaker, and learn how to use the manual release on your garage door.
If you have an electric stove, consider purchasing and learning how to use a small propane grill for emergencies.
3. Best practices during a blackout
If you have children, make sure they know what to do if the power goes out when you’re not home. Especially during the winter months, it gets dark out early enough that many parents haven’t even arrived home from work yet. So, be sure your kids know not to start lighting candles in dangerous places and keeping the refrigerator open for extended periods.
Finally, it’s a good idea to turn off power strips and unplug appliances that were turned on when the power went out. This can stop surges from damaging your appliances and save you money.