Monday, October 8, 2012
Monday, August 6, 2012
Sterling Heights
If you haven't heard that we've hit the bottom yet, the signs are very strong. If you know anyone who has been looking for a home in these last 60 days, they will tell you it's been difficult. Offers are appearing like wishes to sellers rubbing a magic lamp. However, when you are on the buying side it means multiple bids and competition. Every home on the market is being viewed by anxious buyers looking to call it their own and when they find it, they paying top dollar. What does this mean to you as a seller? It means... If your home is priced according to what a buyer is willing to pay, offers...YES, MULTIPLE OFFERS... appear within days of being listed. Listing your home correctly is one of the most important factors to getting your home sold in a challenging market like we have today. Ask me about a free market analysis in your area today!
Wednesday, July 18, 2012
2012 Detroit Lions Schedule
Very excited about the Lions this year! Ford Field will host the pre-season opener against the Cleveland Browns August 10th at 7:30 pm. Let me say up front, this 2012 Detroit Lions Schedule just smells of Division Champs! We have one of the toughest schedules I feel in the league this season. As you may have heard before "In order to BE the best...you have to BEAT the best." At the end of the calender year, after closing the season strong against the Chicago Bears at home, we will have our very own Detroit Lions crowned NFC North Champions. Clinching home field in the playoffs would just assure that the road to the trophy would be paved through the Motor City. Follow the Detroit Lions and Myself on Twitter.
Thursday, July 12, 2012
Coming Soon!!!
Take a look at what's coming to your neighborhood. It's a brand new Harbor Freight Tools located at 32670 John R. next to Toy "r" Us. If you are a do-it-yourself kind of person, Harbor Freight offers great tools at a great price. There are only three other locations in the Metro Detroit area so this one is very special to me to see the place I live continue to grow. Madison Heights is a very unique city with loads of potential and growth for the future.
If you're considering making a move to Madison Heights, contact me, a local Realtor who knows the local market.
If you're considering making a move to Madison Heights, contact me, a local Realtor who knows the local market.
Thursday, April 12, 2012
Eights tips to getting your home sold
Define your needs:
Make a list of all the reasons you want to sell your home. Is it a job opportunity, is the family growing, or would you just like to move up? How soon do you need to sell your home? These are important things that you should discuss with your realtor.
Set your price:
This can be a tough pill to swallow at times but if you take it, you will get better. Pricing your home correctly can be the difference in your home selling and sitting on the market. A “New” listing gets the most activity within the first two weeks of being on the market. What does that mean to you? It means that if you price your home correctly, showings will start immediately, and offers will follow. You will be able to set a price with your realtor by using recent comparable sales, understanding the current local market, and the overall condition of your property. Understanding your market can be the biggest obstacle to cover.
Staging:
The majority of us don't keep our homes in "showroom" condition. We tend to overlook clutter, doors or windows that stick, a leaky faucet, or squeaky floors. When it's time to sell you will have to break that mind-set and get your house in tip-top shape for buyers. Understand that there are other Madison Heights homes for sale on the market so you want to make the most of every picture on the web and every showing by a potential buyer. First impressions are very important and you want to show a potential buyer that you have cared for your place until the day they will take possession. Make the space feel usable so the buyer can picture moving their personal items in place of yours.
Market the home:
Now that you have listed the house with your realtor, it’s time to get the word out. Your agent will use multiple means of marketing the home including the internet, yard signs, open houses, social media websites, agent to agent, and direct mail such as “just listed” postcards in addition to putting your home in the MLS to find a qualified buyer.
Receive an offer:
Once an offer is received from a potential buyer, your real estate agent will first find out whether or not the individual is prequalified or preapproved to buy your home. If so, then you and your agent will review the proposed contract understand what is required of both parties to execute the transaction. The contract, not limited to this list, should include the following:
Follow @MrBelueMake a list of all the reasons you want to sell your home. Is it a job opportunity, is the family growing, or would you just like to move up? How soon do you need to sell your home? These are important things that you should discuss with your realtor.
Set your price:
This can be a tough pill to swallow at times but if you take it, you will get better. Pricing your home correctly can be the difference in your home selling and sitting on the market. A “New” listing gets the most activity within the first two weeks of being on the market. What does that mean to you? It means that if you price your home correctly, showings will start immediately, and offers will follow. You will be able to set a price with your realtor by using recent comparable sales, understanding the current local market, and the overall condition of your property. Understanding your market can be the biggest obstacle to cover.
Staging:
The majority of us don't keep our homes in "showroom" condition. We tend to overlook clutter, doors or windows that stick, a leaky faucet, or squeaky floors. When it's time to sell you will have to break that mind-set and get your house in tip-top shape for buyers. Understand that there are other Madison Heights homes for sale on the market so you want to make the most of every picture on the web and every showing by a potential buyer. First impressions are very important and you want to show a potential buyer that you have cared for your place until the day they will take possession. Make the space feel usable so the buyer can picture moving their personal items in place of yours.
Market the home:
Now that you have listed the house with your realtor, it’s time to get the word out. Your agent will use multiple means of marketing the home including the internet, yard signs, open houses, social media websites, agent to agent, and direct mail such as “just listed” postcards in addition to putting your home in the MLS to find a qualified buyer.
Receive an offer:
Once an offer is received from a potential buyer, your real estate agent will first find out whether or not the individual is prequalified or preapproved to buy your home. If so, then you and your agent will review the proposed contract understand what is required of both parties to execute the transaction. The contract, not limited to this list, should include the following:
- Legal description of the property
- Offer price
- Down payment
- Financing arrangements
- List of fees and who will pay them
- Deposit amount
- Inspection rights and possible repair allowances
- Method of conveying the title and who will handle the closing
- Appliances and furnishings that will stay with the home
- Settlement date
- Contingencies
At this point, you have three options: accept the contract as is, accept it with changes (a counteroffer), or reject it. Remember, once both parties have signed a written offer, the document becomes legally binding. If you have any questions or concerns, be certain to address them with your real estate agent right away.
Negotiate the sell:
Most offers to purchase your home will require some negotiating to come to a win-win agreement. Your realtor is well versed on the intricacies of the contracts used in your area and will protect your best interest throughout the bargaining. Your realtor also knows what each contract clause means, what you will net from the sale and what areas are easiest to negotiate.
Negotiate the sell:
Most offers to purchase your home will require some negotiating to come to a win-win agreement. Your realtor is well versed on the intricacies of the contracts used in your area and will protect your best interest throughout the bargaining. Your realtor also knows what each contract clause means, what you will net from the sale and what areas are easiest to negotiate.
- Some negotiable items:
- Price
- Financing
- Closing costs
- Repairs
- Appliances and fixtures
- Landscaping
- Painting
- Move-in date
Once both parties have agreed on the terms of the sale, your realtor will prepare a contract.
Prepare to close:
Once you’ve accepted an offer to sell your house, you will need to make a list of all the things you and your buyer need to do before closing. The property may need to be appraised, surveyed, inspected or repairs made. Your realtor can spearhead the effort and serve as your advocate when dealing with the buyer's agent and service providers. Depending on the written contract, you may pay for all, some or none of these items. If each procedure returns acceptable results as defined by the contract, then the sale may continue. If there are problems with the home, the terms set forth in the contract will dictate your next step. You or the buyer may decide to walk away, open a new round of negotiations or proceed to closing.
Close the deal:
"Closing" refers to the meeting where ownership of the property is legally transferred to the buyer. Your realtor will be present during the closing to guide you through the process and make sure everything goes as planned. By being present during the closing, he or she can mediate any last-minute issues that may arise. In some states, an attorney is required and you may wish to have one present. After the closing, you should make a "to do" list for turning the property over to the new owners.
Prepare to close:
Once you’ve accepted an offer to sell your house, you will need to make a list of all the things you and your buyer need to do before closing. The property may need to be appraised, surveyed, inspected or repairs made. Your realtor can spearhead the effort and serve as your advocate when dealing with the buyer's agent and service providers. Depending on the written contract, you may pay for all, some or none of these items. If each procedure returns acceptable results as defined by the contract, then the sale may continue. If there are problems with the home, the terms set forth in the contract will dictate your next step. You or the buyer may decide to walk away, open a new round of negotiations or proceed to closing.
Close the deal:
"Closing" refers to the meeting where ownership of the property is legally transferred to the buyer. Your realtor will be present during the closing to guide you through the process and make sure everything goes as planned. By being present during the closing, he or she can mediate any last-minute issues that may arise. In some states, an attorney is required and you may wish to have one present. After the closing, you should make a "to do" list for turning the property over to the new owners.
Here is a checklist to get you started:
- Cancel electricity, gas, lawn care, cable and other routine services.
- If the new owner is retaining any of the services, change the name on the account.
- Gather owner's manuals and warranties for all conveying appliances.
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