Friday, March 17, 2023 / by Shane Kilby
These are the two main ways you can sell your home as fast as possible.
Do you need to sell your home ASAP? There are plenty of reasons why a homeowner might need to sell their home immediately, whether they changed jobs, need their equity, or just want to skip the hassle of a sale. Whatever your reason is, what can you do to spend as little time selling your house as possible?
Home sellers who need to move quickly have two main options: using an all-cash offer program or listing with an agent who knows how to sell fast.
All-cash offer programs have no strings attached; they’ll take your home off your hands before you can blink. You don’t have to worry about long waiting periods, inspections, showings, appraisals, or anything else that might gum up a sale. Around 87% of buyers finance their home purchases, and while there’s nothing wrong with that, it leaves a lot of room for things to go wrong. An all-cash offer lets you skip the hassle e ...
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real estate, home selling
Thursday, March 2, 2023 / by Shane Kilby
Answering three common questions about appraisals to prepare sellers.
Are you thinking about selling your home? If so, how exciting! This process means a fresh start and new beginnings. However, before you list your property, it is important that you completely understand appraisals. An appraisal is an opinion of value, where an expert appraiser will come to your house and estimate how much it is worth. They will provide a written report based on their inspection of pertinent information that determines your home’s value. This could greatly affect the success and price point of your sale, so it is crucial to be prepared. Here are three common appraisal questions and their answers:
1. What are appraisers looking for? They consider a wide variety of factors, like the floorplan, quality of construction, finishes, number of bedrooms, and square footage. They will compare your home to the listing to make sure the features are accurate. Also, they’ll take note of ...
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home selling
Friday, February 3, 2023 / by Shane Kilby
How to calculate the amount of money you’ll keep after your home sale.
The market has been changing lately, and many people have been wondering if it’s a good time to sell their homes. If that is you, one factor that will help you make that decision is knowing how much money you’ll get to keep after you sell. Too many people oversimplify this estimate and end up disappointed. I want to help you avoid that.
Start by using a home value estimate calculator. You can access mine here. This is a free tool that shows you an estimate of how much your home is worth. This is not a guarantee, so know that numbers will fluctuate. However, this will at least help you get a good ballpark figure to start with.
After that, figuring out how much of the money from your home sale that you’ll get to keep is about more than just subtracting your remaining mortgage loan balance from the sales price. Many homeowners have unrealistic expectations because they don’t k ...
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home selling
Friday, January 20, 2023 / by Shane Kilby
Should you sell your primary residence or turn it into a rental property?
If you’ve been paying attention to the news, you know that inflation is high and the cost of living is increasing almost everywhere. At the same time, home values are increasing, and property taxes are rising with them. If you want to make a wise real estate decision in this environment, what should you do?
There are two main ways for homeowners to get value out of their current properties. First, you can sell the home and get your equity out of it. However, a less conventional strategy is becoming more popular in our area: converting your primary residence into a rental.
How do you do that? First, you need to speak with your lender if you haven’t paid off your mortgage. You typically can’t use a primary residence loan for investment purposes, so you may have to change the terms of your mortgage or wait until it is paid in full. Also, you must have lived in your home for at least 12 ...
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real estate, home selling
Wednesday, October 5, 2022 / by Shane Kilby
This is why pricing your home correctly for the market is so important.
Overpricing your home could be a grave mistake in today's shifting housing market. Most sellers we work with want to maximize their sale price, minimize the hassles, and sell their homes as quickly as possible. While we’re still in a seller’s market, however, things have changed from just a few months ago. We need to consider how to best price your home based on where we are currently.
"Hitting the bullseye with the price is what our agents specialize in."
When you price a home at market value, you will help boost the interest in your home so that you can attract more buyers. By increasing the demand for that property, you will also help maximize your sale price. Plus, when your home's price is right, it will sell faster! A faster sale means less holding cost and more profit in your pocket.
That’s why you don’t want to overshoot your target price. If you price your h ...
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real estate, home selling