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P1

Another Buyer Tip for you!
 
👉  What does “Pending” mean in real estate?
 
In real estate, pending means that a property’s seller has accepted a buyer’s purchase contract, but the home isn’t sold yet, because some conditions that must be met first. Pending is short for ‘sold pending conditions’ or ‘sale pending’.
 
The more you know!  🏠

P2

Here’s your latest and greatest market update 📈 from yours truly for the month of April 2022!  

 

P3

We’ve always learned that being independent is a good trait to have, but sometimes it’s okay to accept help! Taking the responsibility of selling your own home is not only exhausting but the return isn’t as much without a realtor by your side. 

Who would want to turn down money? Not me!

 As a realtor, I know what makes a great offer and can find the needle in the haystack (a.k.a. the best offer in the pile) 

P4

Let’s talk home owner’s insurance. It’s not something most homebuyers expect they need, but if you’re financing you are going to need to buckle down and find a company to go with. 

First things first, why do you need homeowner’s insurance? It’s there for when your home get’s damaged, personal items get stolen, or to protect you from liability. Your lender wants to make sure your home will be A-okay when disaster strikes, since they are lending you the money for the home. 

Regardless, you can end up saving more than you would think when it comes time to repair your home.

P5

We all love drinks, right?! Which is your type of drink? Are you a wine lover or coffee connoisseur? 💕 🏡.

P6

Buyer Tip Time! 

This may seem like an obvious tip but it is one that could make or break the deal on that house you have under contract. 🏡.

When you buy a home, you are going to start perusing new furniture to go in it, or maybe that stainless steel fridge at Home Depot that’s on sale, as well as all the other things that come with decorating and creating that cozy abode of yours.

However, before you head to that furniture store, be sure you make those purchases AFTER you close on your home, otherwise you could be left with a new living room set and no living room to put it in! 😳 

 

P7

Even though much of the US has seen record-breaking home price increases since the start of the pandemic, there is a golden rule of selling a home all seasoned real estate agents agree on: don’t overprice. 

P8

In most areas, the first two weeks of May are the best time to sell a home. Selling in spring helps you get ahead of a rush of competition that comes in the summer.

Here are a few tips for a successful spring open house:

1. Time It Right

2. Let Your Agent Take the Lead

3. Try Some Simple Staging

4. Clean Like Crazy

5. Do a Smell Check

6. Put Your Pictures (and Valuables) Away

7. Let the Light In

8. Give Your House Some Extra Curb Appeal

9. Draw Attention to Your Home’s Best Features

10. Serve Refreshments

Once you’ve done everything you can to make your house look and feel amazing to buyers — and your agent is on site to assume their hosting duties — the time during your open house is yours to enjoy.

Go to the park, get a three-course lunch, do whatever you like as long as you’re free to take calls in case your agent needs to get ahold of you or buyers have specific questions.

P9

Feeling a little cramped these days? Here are a few tips to make any room feel bigger.

Exaggerate vertical space with vertical panels

Whether you have a high ceiling in your space or not, you can make a small bedroom look bigger by exaggerating the room’s ceiling height with vertical panels or stripes. This is overt in this room – but even a vertically striped wallpaper will do the trick.

Place mirrors on walls that don’t get much natural light.

Hanging mirrors allows you to bounce light from windows and create the illusion of more square footage.

Use very light colors to give a room depth.

Medium shades can make a room appear smaller, but when you use bright white paint colors, it creates a feel of a larger space.

Use a few larger decorative accents instead of many small decorative items

Lots of small knick-knacks tend to feel like clutter and make a room look smaller. Use the triangle rule and symmetry when styling vignettes on coffee tables, nightstands, dresser tops, and dining tables and limit decor groupings to 3 or 5 items. But you don’t need decor accents on every single surface of your home. Let a room “breathe”.

P10

I have a few open appointments this week – anyone want to grab one of them?

P11

Credit score reports help lenders decide if they’ll give you credit or approve a loan.

These reports also help determine what interest rate they will charge you.

If you’re thinking about buying a home in the future, be sure to keep your credit in great shape. Otherwise, you could end up paying for it in the future – literally!

P12

These days, low-ball offers on move-in ready homes typically do not fly. When housing inventory is low and demand is sky-high, you will likely need to come in with a respectable and competitive offer.

Low offers can be insulting to sellers and are generally not a good way to open up a transaction.

If you really want the home and it is priced reasonably, offer close-to or at list price. In some markets, you may even want to offer over list price to secure the home of your dreams. This is where a great agent will help you come up with a winning offer-strategy. 

P13

Do you wake up every morning, walk into your kitchen, make your coffee and start thinking about how you’d love to just remodel every inch of your kitchen, but don’t want to deal with the dent in your pocket book it’ll make or the enormous mess it’ll create? 

Here are a few things you can do to give your kitchen a makeover that won’t break the bank or create a huge mess. 

P14

Now, I can’t tell you if this is actually true but I can tell you what is – 92% of the homes sold in the U.S. in 2021 were sold using an agent or a broker.  

P15

🛁 Design Your Own Bathroom 🛁 No interior decorating skills required! 😉
1️⃣. Choose your tile. ❇️
2️⃣. Choose your hardware.🚿
3️⃣. Choose your vanity.🚰
👇 What’s your combo?👇

P16

Short Answer: Yes, and they’re rising fast.

Just three months ago, housing experts expected rates for the benchmark 30-year fixed-rate mortgage to clock in between 3.1 percent and 3.4 percent by this time.

What a difference a few weeks make: Rates have ratcheted up quickly since the beginning of the year, surging near 4.75 percent for the 30-year mortgage and just below 3.9 percent for the 15-year mortgage loan, according to Bankrate’s national survey of lenders.

Unfortunately for prospective buyers and refinancers, this costlier rate climate is probably the new normal, and all markers indicate higher mortgage rates in the weeks and months ahead.

P17

Self-Employed and wanting to purchase a home? No worries! As long as you have these items, you’ll be good to go! 🏡📦🔑

P18

Did you know? 👉 Properties with an abundance of natural light have a higher resale value.👈

I have routinely seen bright listings sell for more money than dark listings. Why? I think brightness is more appealing to buyers than darkness. The more natural light a property gets the better! 

P19

Choosing the right mortgage lender is a critical part of the biggest financial decision of many people’s lives.

You want to find someone who will not just help you find what you think you need, but will also inform you about the options you didn’t even know existed.

You want a professional who will point out and translate all of the fine print, so you can make an informed decision and understand the tradeoffs.

That’s why shopping around, reading reviews, getting recommendations & asking lenders questions are just a few ways you can go about making that important decision.

P20

There are many reasons why it may be time to sell your home.

You may need more space to make room for a growing family or you need to downsize after your kids leave the nest.

Whatever your motivations, you want to make sure that you’re timing it right.

A qualified agent can help you determine if the market puts you in a good place or not. But for your own personal situation, here are a few signs if you’ve been considering selling your home. 

P21

Before you even start browsing homes on the web, you need to know what price range to look at. Are you approved for $300,000 or $500,000? There are many factors that go into a pre-approval. Knowing what your budget is ahead of time could save you the heart ache of finding your dream home and then realizing it’s out of your price range. That’s why it is so crucial to get pre-approved first. 

Home shopping is not only the start of the home buying process, but it can be the longest part of the journey. Why so long? Buyers have expressed that finding the right house was the most difficult step in the entire process.

Once you’re under contract, the lender will take it from there and in about 30-45 days, you’ll be receiving those keys to your new home!

P22

The next trend of 2022 is here to take over your walls! Wallpaper. 

If you still associate wallpaper with the 1980s, it’s time you get caught up to speed.

Wallpaper has been having a major resurgence in recent years, and many interior designers are adamant that it’s here to stay.

Wallpaper these days is not like the wallpaper that you saw on your grandmothers bathroom walls. These days, you’re able to apply and remove wallpaper without much effort and you can find it in almost any design you want! 

P23

What is something that you are letting fear hold you back from?

You miss out on 100% of the opportunities you do not take… 

P24

Now these are fancy outdoor set ups!

🔥  A stylish twist on a campfire, a fire pit creates an outdoor oasis right in your backyard. According to a survey of over 6,000 Realtors, a 10-foot in diameter natural stone, gas fire pit will yield on average 67% ROI. 

🥘  Outdoor kitchens and entertainment spaces became increasingly popular during the pandemic shutdown. Homeowners have found value and solace in creating a backyard oasis.🌅

Which would you choose?

P25

🚪 Knock! Knock! One of these doors is the door to your brand new home.

Which one do you choose and why?

P26

It’s spring time and that means blooming flowers, beautiful trees, and luscious lawns. Whether you’re looking to spruce up your landscaping for yourself or to get your home ready to put on the market – these tips are sure to take your landscaping to the next level without having to break the bank.

P27

Despite being touted as an absolute essential for years, the truth is that plenty of properties sell perfectly well without being bathed in a sea of magnolia. 

That being said, it’s important to remember that some interior paint colors will work better than others. So, if your living room is currently rocking lime green walls, it might still be time to get those paintbrushes out.

P28

✨ Stay positive, friends! ✨

P29

To calculate ‘how much house can I afford,’ a good rule of thumb is using the 28%/36% rule, which states that you shouldn’t spend more than 28% of your gross monthly income on home-related costs and 36% on total debts, including your mortgage, credit cards and other loans such as auto and student loans.

P30

🍹 Outdoor Bar or Outdoor Jacuzzi 💦 ? 

 

If your home has an in-ground hot tub, it will add value to your property, but not in the way you might expect. Chances are, your appraiser will consider it a landscaping project, taking the stone work and yard work into account, and that’s where some value may be calculated.

However, an estimated $14,000 outdoor kitchen/bar project can recoup about 71% at resale.

P31

Buying an investment property is an effective way to generate income.

⚠️ Proceed with caution though – there’s a lot to think about before pulling the trigger. ⚠️

Be sure you evaluate the expected income, expenses, returns, rewards, and all of the risks that come with purchasing an investment property. 

🏠

 

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