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Best Advice For A First Time Home Buyer

by Shakadoo Leave a Comment

14422371424_4294c333c9_zBuying your first home is a huge decision, and can be a very long and involved process. That’s why it’s important to thoroughly educate yourself before you even start to look at homes for sale. Learn about the home buying process, and examine your own finances before you decide that you’re ready. This will keep you from getting ripped off, or ripping yourself off by buying a home you can’t afford. Check out this infographic by Angela Duong at Mad Homes Utah for things that every first time buyer should know…before they even pick up the phone to call a Realtor!

-Know the amount you qualify for; head to a lender and get pre-approved for a mortgage.

-Do not call the agent on the listing sign- instead, hire your own buyer’s agent.

-Save for a down payment- this should be around 5% of the total home price.

-Don’t jump on the first home you see- view (in person) at least 5 homes before making a decision. Don’t let anyone pressure you, and make sure you know what you truly want in a home before committing.

Photo Credit: Gemma Stiles

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Friday Fun Video: Awesome Staging Tips For Sellers

by Shakadoo Leave a Comment

How to transform your home into a model home!

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Going Green For A Profit?

by Shakadoo Leave a Comment

2181673330_564c66ccdd_zA lot of people seem to think that switching to more environmentally friendly products is an expensive hassle, but they couldn’t be more wrong. A hybrid car means you pay less in gas money. Solar panels means less electricity use. Energy efficient light bulbs last way, way longer than traditional bulbs. Fruits and veggies are cheaper than processed, sugary, junk food. Walking or riding a bike to work is FREE! You may have to pay more up front for “green” products, but you will definitely save money in the long run.

With more and more people seeing the economic benefits of preserving our environment, green home upgrades are also seeing a boost. While it’s great for your personal benefit, can adding environmentally friendly upgrades actually improve the value of your home? Are buyers interested in them? Will they make you a profit when selling? Check out this article by Dave Hanson at the Dave Hanson Home Team Real Estate Blog for the answer:

A home with green features that fails to excite is unlikely to result in a buyer spending more money to purchase the property. But, if the home is equipped with green features that will save the owner money in the future or in the short term, potential buyers are likely to be more interested.

Photo Credit: Traci Todd

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Wordless Wednesday: Black and White Living Space

by Shakadoo Leave a Comment

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I LOVE the chair!

Photo from Planete-Deco 

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Competing With Cash: Standing Out As A Buyer

by Shakadoo Leave a Comment

6228420376_e44db1da35_zMost of the country is still smack-dab in the middle of a tight seller’s market. Houses are being snatched off the market within days of listing. While it can be the selling Realtor’s dream, it’s a buyer’s nightmare. How are you supposed to compete in bidding wars with real estate investors and other cash buyers? It may sound intimidating, but it can be done. Even if you’re not making a cash offer, you may win the bidding war if you stand out as a buyer. Check out this post by Blake Miller at the Trulia blog for tips:

-Submit your best offer first

-Be flexible and accommodating toward the seller, be willing to negotiate on closing costs, dates, etc.

-Show some personality- write a sincere letter to the seller, expressing your genuine love and interest towards their home.

-Be prepared to take the home “as is”.

Photo Credit: Steven Depolo

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For Realtors: Say This, Not That

by Shakadoo Leave a Comment

16456616592_7dcb98134d_zRealtors have to be incredibly good with people: you have to be a quick communicator, a master diplomat, and a pro negotiator. Plus, you have to know how to buy and sell homes! But, it all comes down to knowing how to talk to people. It’s important to be professional, knowledgeable, and to be able to voice you and your clients’ concerns without coming off as unpleasant or accusatory. That’s why I love this post by Lee Nelson at the Realtor Mag blog. Here’s what NOT to say to clients, and what you should say instead:

-Do NOT say: “Your house is filthy, cluttered, and has a bad smell. It will never sell like this.”

-DO say: “Homes that are staged properly sell faster. Here, I have the number of a professional who can take care of all that pesky deep cleaning for you.”

-Do NOT say: “Wow, that house was too old and small. Scratch that one off the list.”

-DO say: “What are your initial thoughts on the home?”

The whole article is filled with more awesome examples! If you are new to the real estate field, I suggest you read the entire thing as soon as possible.

Photo Credit: Didriks

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Friday Fun Video: Where Are The Cheapest Homes In America?

by Shakadoo Leave a Comment

I’m in the Detroit area this week for vacation, and it’s interesting to see each year how the city is rebuilding itself. Since the economic collapse, many housing markets are struggling to get back to normal. One of the worst-hit areas was Detroit, causing some of their properties to be sold at auction for a fraction of their worth.

Side note- this house will be gorgeous once she gets it in living condition!

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Smart Safety Tips For All Homeowners

by Shakadoo Leave a Comment

6958578902_7f2fd27364_zWhether it’s knowing how to do some basic repairs, or how to keep your home safe from burglars, there is a huge chunk of knowledge that many homeowners simply don’t possess. And that’s fine! As long as you are willing to learn. Knowing how to keep your home running safely is imperative if you don’t want to waste thousands of extra dollars on unnecessary repairs or damages. For some handy home tips, read this entire post by The Family Handyman:

-Lock your door and windows during the day- this is actually when most burglaries happen.

-A leaking water heater is a ticking time bomb- get it fixed as soon as you notice it.

-Replace your furnace filters regularly (every few months)

-Turn off your water before going on vacation

-Wear hearing protection when dealing with loud equipment- vacuums, leafblowers, lawn mowers.

Photo Credit: Bilal Kamoon

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Wordless Wednesday: Beautifully Overgrown Entrance

by Shakadoo Leave a Comment

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Photo from Red Bench Vintage Tumblr

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Buyer Beware: Things To Look Out For

by Shakadoo Leave a Comment

Red Flag DayIf a home has issues, it’s no secret that the seller will attempt to hide (or at least minimize) them. However, even though it’s a seller’s market, that doesn’t mean that you as a buyer has to turn a blind eye to flaws. While you can’t afford to be TOO picky, it’s important to keep a sharp eye out if the seller seems to be hiding things. Read this article by Dave Hanson at the Dave Hanson Home Team Blog for things to ask about with EVERY home you look at:

-Pests

-Mold

-Leaks

-Bad foundation

-Disclosure statements

Dave recommends that you ask specific questions over email (so you have a written record), and to get a home inspection before closing!

Photo Credit: Tuchodi

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