Showing posts with label sell a home. Show all posts
Showing posts with label sell a home. Show all posts

Monday, June 3, 2013

Creating Curb Appeal: 6 Ways to Improve Your Home's First Impression

You've probably heard the old saying, "You never get a second chance to make a first impression." That's true in life, and it's true in real estate. If you're in the process of selling your home, take a moment to walk across the street and look at your home with a critical eye. What are potential homebuyers seeing as they pull up? Is your home giving off a good first impression? Does it have good curb appeal?



Real estate agents and home staging services know how important curb appeal is to the home selling process. It only takes a couple of seconds for potential homebuyers to form an opinion of your home based on its curb appeal. Below are six ways to improve your home's first impression.

First Step: A Critical Review

Remember that trip across the street I mentioned above? Well, after living in your home for years, you may not be the best judge. Invite a friend or family member over to give your home a critique. What would they do to improve your home's curb appeal? If they can't make it over, take some photos and email them to some friends for their review. We tend to see things in photographs that we miss when we're casually looking at things. Print your pictures out on 8 ½-by-11-inch paper, draw on them, and make notes about what changes you want to make.

Give it a Fresh Coat of Paint

A fresh coat of paint can go a long way toward improving your home's curb appeal. If a potential homebuyer drives up and sees cracked and peeling paint, what impression will that leave? Not only will the homebuyer think you haven't maintained the exterior of your home, but he is going to wonder what other maintenance items have been neglected.
Make sure the colors you choose fit with the neighborhood and the character of the house. You want your home to have great curb appeal, but that doesn't mean it should stick out markedly from the rest of the houses on the block. If you're selling your home, neutral colors are the best because they will have broader appeal. However, a neutral paint color doesn't have to be boring. Add some pizzazz by painting your front door a more vibrant, complementary color.

Make it Welcoming

Whether it's a decorative wreath on the front door, some decorative pots with brightly colored flowers, or simply great porch lighting, make your front door visible and inviting. Don't overdo it. Keep things simple, but make it easy to spot your front door. If you have overgrown shrubs blocking the view to your home, it will feel less safe. Trim shrubs back to eliminate any areas where predators could lurk, and make sure your house number is clearly visible.

Get Rid of the Junk

"One man's trash is another man's treasure" applies to garage sales and antiquing. Improve your home's curb appeal by putting things away and storing items that don't enhance your home's first impression. The less clutter you have around your front door and in your front yard the better.

Maintain Your Lawn

If you have a home with a lawn, the best thing you can do to create great curb appeal is to keep it maintained. Mow your lawn to a height of about 2 inches. Many people believe that mowing a lawn shorter is better, but with a blade height of about 2 inches, the grass is long enough to provide some shade for the roots, which helps the roots retain moisture and promotes stronger root growth.
Manually remove weeds as soon as you see them to prevent them from going to seed and becoming a bigger problem. Weeds generally show up in areas where the lawn is weak or lacking in nutrients. Over-seed any areas where the grass is thin and use an organic fertilizer to provide nutrients and maintain healthy soil.
Near sidewalks, driveways, and planting beds, edge your lawn with a line trimmer or straight spade to maintain a nicely manicured edge. There is no need to buy plastic lawn edging. It rarely holds up over time. A spade and a little muscle can do the trick. However, if you find you really want a built edge to your lawn, use aluminum edging. It is far more durable than plastic and will cut down on some of the maintenance needed to maintain the shape and size of your planting beds.

Oh, the Pressure!

Maintaining concrete driveways, sidewalks, and patios is always important for providing safe walking surfaces. However, if you are selling your home, what is the one thing a potential homebuyer is going to do? They will walk up your sidewalk or driveway to your front door. If you want your home to make a great first impression, fix any major cracks and make sure your entry sidewalk is free of debris, moss, and uneven edges. Pressure-wash concrete surfaces to remove any built up dirt and moss.
As you can see, most of these tasks are things you are probably already doing, but when neglected, they can take away from your home's curb appeal. Creating great curb appeal really just comes down to maintaining your home. Performing these tasks on a regular basis means you'll never have to worry about your home making a great first impression.
Start your home search now or contact Katie Oakes by visiting WheatonHomes4Sale.com
Information and data provided by Katie Oakes with The Joe Champagne Team at Keller Williams Premiere Properties. 
The Joe Champagne Team is based in Wheaton and Glen Ellyn, has sold over 100 million dollars in real estate volume and ranks in the top 1% of DuPage County agents in Illinois.

Tuesday, November 20, 2012

Help Sell My Home Fast: Should I Sell My House and Carry the Contract?

In slow markets, when homes just don't seem to move as quickly as we'd like them to, offering seller financing may be the key to getting a home sold. With the sluggish real estate market of the last few years, seller financing has been dramatically increasing in popularity, but is it a smart move for you?

If you just can't bear to let your home go for a fraction of what you paid for it, or you really need to sell quickly, then it may be a great option for you. Offering to carry the contract makes it easier for interested buyers who simply can't get a home loan in today's tough lending environment. Owner financing could help you avoid the nasty consequences of a foreclosure or allow you to trade up and take advantage of a great deal on a better home while prices are low, without juggling two mortgage payments.
Offering any form of seller financing can instantly make your home more attractive and stand out in the sea of properties on the market. It can also allow you to set a far higher price than you could get if you sold it to a cash buyer today. Just make sure you are aware of all your options and how badly it could turn out if things go wrong.
First make sure you find out how much your home is worth by entering all your home's information here - Home For Sale - Price Evaluation

How Dangerous is It?

People have been selling their homes like this for decades, and real estate investors have used the process to make millions, so what it there to worry about?
There are three main threats to those who are considering offering some type of creative financing to prospective buyers.
Your Home Just got Demolished.
Until your contract or seller-held mortgage is paid off, any damage to the property could devalue it further, leaving you with a pile of rubble you can never sell. The last thing you want is someone smashing up the place or a hoarder getting your home condemned!
You Just Gave Away Your Home.
Depending on how you put your documents together, and your state laws, you could be giving up "equitable rights" to your property or creating a shared ownership arrangement. If your buyer defaults, this is going to make it even more of a mess to evict him or her. Get ready to take a number and step to the back of the line behind the banks waiting two years to foreclose on their deadbeats.
No, Those Aren't Pandora Bracelets the Nice Man in Uniform is Bringing You.
No, the sheriff didn't just get a part-time job as a jewelry delivery guy. If you are underwater on your mortgage, and you can't keep up on payments, selling and carrying the contract may be difficult. Obviously, you can't sell the home for less than you owe without your lender's approval, and if the incoming rent or mortgage payments aren't enough to cover your home loan, you could find yourself in big trouble. If your new resident gets a foreclosure notice, you can bet they will be contacting an attorney, the local news, and demanding a warrant put out for your arrest for defrauding them out of their money.
If this is you, get a loan modification or ask your lender about a short sale.

How do I Sell My House and Carry the Contract Safely?

Be extremely wary of signing any document that shady guy with the beat up truck and "We Buy Houses for Cash" magnet sign tries to shove in front of you.
There are a number of ways to offer seller financing, including:
Land contracts
Trust deeds
Seller held private first or second mortgages
Lease options
Rent-to-own
Each has its own pros and cons. What is right for you really depends on your local laws and current situation. All of these choices essentially allow you to demand a higher price tag than the current market would allow and can provide you income as well as a big cash payday later. However, seriously consider consulting an attorney for help drafting the agreement before signing away the deed to your home.
Tip: You may have an assumable mortgage, which a new buyer can simply take over, relieving you from the debt and accelerating the transaction while making your home far more attractive. VA loans closed before March 1, 1988 are typically assumable (lender approval is required for loans closed after that date), so check your loan paperwork carefully.

Know Someone Who Badly Needs to Sell His Home?

Finally, whether or not this is a good move for you, if you have any friends or family members wondering if they should sell their house and carry the contract, suggest that they take the time to vet any potential buyers carefully before entering into a contract, and of course seek the advice of an attorney.
Find out how much your home is worth by visiting "Wheaton Homes For Sale"

Service and information provided by Katie Oakes with Keller Williams Premiere Properties; your Wheaton, Glen Ellyn, and Winfield real estate expert.

Tuesday, November 6, 2012

Safety for Children: A Homebuyer's Guide to Kids' Rooms and Play Areas

Children alter how families look at homes during the home buying process. A family with children has to consider extra bedrooms, extra bathrooms, and safe places for children to learn and play. Indoor and outdoor recreation should be fun and comfortable, while safety should always remain the highest priority.


Kids' Rooms

Kids' rooms should be large enough for children to grow in. A tiny room may work for a 6-year-old, but could be terribly cramped for a teenager. Kid's rooms should include the following:
  • Room to grow
  • Accessibility
  • Storage space
  • A safe exit for emergencies
Families generally want kids' rooms on the same level of the house as the master bedroom. While a teenager might accept, or even want, a basement bedroom, small children's rooms should be close enough for you to access them quickly at night.
Consider the amenities you want in kids' rooms. Bookcases, closet organizers, and other storage space can be a real asset. Some solutions can be added after the home is purchased, but a house with built-in storage can be a plus.
Safety is also a consideration: In case of fire or similar emergency, you'll want to make sure that your children will be able to safely escape their bedrooms. Children's Hospital Boston reports that "over half of children ages five and under who die from home fires are asleep at the time of the fire," but also that "children in homes without working smoke alarms are at greater risk of fire-related death and injury in the event of a fire." This means that you should consider several fire escape routes when looking at the bedroom configuration in your prospective home, but you should also carefully assess the number, location, and condition of smoke detectors in your home no matter where the children will sleep.

Family Rooms and Dens

A home with a family room and a separate, more formal living room will let you relax while the kids are watching shows or host guests while your kids enjoy a minefield of Legos® on the floor in the adjacent room. When the children grow older, the toys can be picked up and the family room can become a place for study, arts and crafts, or hanging out with friends. A den can become a home fitness center, a library, or a guest room when your children fly the coop.

Play Sets and Play Areas

Outdoor playsets and play areas can be real bonuses when families with children go house hunting, but always keep safety in mind. Playgrounds and play areas are only an advantage if they are safe areas for children. While your kids may be delighted by a ramshackle tree house, your first thought should be whether or not it's safe.
Generally speaking, store-bought playsets are safer than DIY play areas slapped together by an inexperienced handyman. Having said that, some amateur-built jungle gyms are well thought-out, inventive, beautifully-constructed, and safe enough for children to use. The U.S. Consumer Product Safety Commission (CPSC) publishes a broad variety of safety information on playground construction, materials, and components.
When building or buying a play structure, think about its placement in relation to your home and the street. Constant supervision is important whenever children play, so make sure the space is visible from where you plan to spend time. The National Program for Playground Safety also recommends watching out for age-inappropriate equipment, hard surfaces, poorly-maintained equipment, and protuberances where children can become trapped.

Swimming Pools

At first glance, a swimming pool seems like a great idea for families with children - it sounds great to have pool parties or just cool off on a hot day. Take a step back, however, and consider swimming pool safety.
According to the U.S. Consumer Product Safety Commission, approximately 350 children under the age of five drown every year in swimming pools - more than three times as many as drown in all other areas of the home (like bathtubs, hot tubs, landscape ponds, and other water containers). A swimming pool safety cover is essential for a backyard pool, but it isn't enough. Many other precautions are recommended to make swimming pools safe places for children:
  • Constant parental supervision
  • Door alarms
  • Safety fences
  • Underwater motion detectors
Even all of these safety precautions don't completely guarantee your child's safety around swimming pools. Many parents decide the allure of a swimming pool isn't worth the safety issues. Those parents who do purchase a home with a swimming pool must commit to enclosing the pool securely and remaining vigilant as long as they have children in the home.

Safety, Comfort and Growing Room

Family homes should be safe and comfortable. While children do need practical and fun spaces to relax, play, and grow, parents should also consider safety when looking for the place that their children will call home. If you're shopping for a home for your young children, think ahead to what they'll need when they're in high school. If your family might grow, think about whether you need extra space now or whether you can plan for a future addition. Consider whether the pool, playground, or tree house you're looking at is more likely to enrich your children's lives or endanger them. When you look at potential homes with your kids in mind, you can choose a home that offers the promise of a safe and enjoyable childhood.

Visit WheatonHomes4Sale.com to view homes for sale in Wheaton and the greater Chicagoland area.

Information provided by Katie Oakes with Keller Williams Premiere Properties.