Buying or Selling a home in the Brooklyn Real Estate market can be a complicated process. Truly it takes a village of people for the purpose of completing just one home sale. Wikipedia explains the phrase “It takes a village to raise a child” as an African proverb. It means an entire community of people must interact with children to experience and grow in a safe and healthy environment. The phrase “It Takes a Village” has been adapted over the years for other references. In fact, it is a great explanation of what the home buying and selling experience…
How to Ensure Your Home is Appraised for Maximum Value
Are you refinancing your home? If you are, the lender will require an appraisal. Also, did you know an appraised value difference of even a couple thousand dollars can make or break your loan approval? So what steps can you take to ensure your home is appraised for maximum value without getting denied for a loan? Here are a few tips to help know what to expect from a home appraisal and make sure your home comes out on top. Getting your Brooklyn home appraised for maximum value is important when you’re refinancing. What is an Appraisal? Opendoor.com defines a home appraisal as “the process by which a licensed …
10 Easy Steps to Follow When You Decide to Sell Your Home
Selling a home isn’t something we typically do very often. So when the time comes, and for whatever reason, you decide to sell your home, you may not know where to start. Here are ten easy steps to follow when you do make that decision to put your home up for sale. Follow these 10 steps when you decide to sell your home. Our present circumstances call for better planning and preparation a little more than usual. But this checklist will help guide you in the planning and preparation from beginning to “SOLD.” When You Decide to Sell Your Home, Hire a Real Estate Agent Right Away When you decide to sell your home, it’s time to start …
How Much Money Will You See From the Sale of Your Home?
Big question, “How much money will you actually see from the sale of your home?” It’s one of the first questions sellers ask when they put their home on the market. But there are a lot of factors that come into play when calculating your home sales profits. And sellers are often blindsided by the closing costs. Home seller, do you want to know how much money you’ll see from the sale of your home? Of course, you do! What are Closing Costs? In New York, real estate closings are very technical procedures. And when you close on a property, it involves costs. Closing costs are fees paid by the buyer and the seller when the title of the…
Does a Home Inspection Need to be Stressful?
A home inspection is beneficial to the seller as well as the buyer. No need to stress about home inspections. Your home is on the market. And things are progressing well. You’ve got a buyer! The offer, the terms, and the price are all agreed upon. What comes next? The home inspection. And most homeowners find a home inspection to be stressful. Why? What is a Home Inspection? Before you and the buyers actually go to contract (aka escrow), the buyers will pay for…
What Do You Need to Know About Rent Back Agreements?
Rent Back Agreements can be advantageous to both buyers and sellers providing they are utilized judiciously. Ever hear of rent back agreements? So what are they, and what are the advantages and disadvantages associated with this kind of real estate transaction? Rent Back Agreements Defined Wikpedia defines rent back agreements as “a form of property transaction involving the expeditious sale of an owner occupier’s residence to a landlord or property company and renting it back from the new owner.” They are also known as post-settlement occupancy agreements. This kind of transaction allows a home seller to buy himself extra time to stay in the home after closing. …
Should You Sell Your Home First?
Should you sell your home first or wait until it sells to buy a new one? If you’re moving soon, you might be questioning whether or not you should sell your home before buying a new one. There are a lot of factors involved in answering this question and making a decision. But hashed out below are the pros and cons of each. Now you can decide whether or not you should sell your home first before buying a one. And you can decide with confidence. Yes, …
When You Need to Sell Your House Now But It Isn’t Selling
Renting your home is a great option when you’ve been relocated and can’t sell your house. Are you relocating? If you took a new job in a new place, and you just can’t get your house sold, you’re probably feeling like you’re in a bit of a pickle. Whenever a home sells, it’s always our hope to close the sale within a certain amount of time. This is especially true when you’re relocating or need to sell your…
What are the Advantages of Virtual Home Staging?
Virtual home staging offers two advantages over traditional home staging: time and cost Home staging is nothing new. And staging your home for sale is remarkably beneficial. It’s also necessary if you want to sell your home quickly because today’s market is much more challenging than it used to be. You may already be aware of traditional home staging. But have you ever heard of virtual home staging? What is Traditional Home Staging? Wikipedia defines it as “the act of preparing a private residence for sale in the real estate marketplace. The goal of staging is to make a home appealing to the highest number of potential buyers, thereby selling a property more swiftly and for more …
It’s the Most Wonderful Time of the Year to Sell Your Home
Now is the best time of the year to sell your home thanks to some really great reasons that only the month of December provides. Is now a good time to be selling a home? When it comes to selling your home, there’s no time like Christmas! It’s true there are fewer buyers looking for a home at this time of the year. But the pros definitely outweigh the cons. So don’t let the holidays keep you from taking advantage of selling your home now. It’s the most wonderful time of …