Posts with tag 'Home Selling Tips'

If you're selling your home in Beavercreek, accept the fact that the space is no longer your own. Potential buyers will be examining every nook and cranny, including closets. Will they like what they see?

According to a survey from the National Association of Home Builders, storage space is one of the top features buyers consider in making a decision to purchase. Stand out above other Beavercreek homes for sale with these helpful organization tips.

• Do Some Ruthless Decluttering
  It's time to let go of all those things you've been holding on to "just in case." Organizing experts recommend a goal of reducing stored belongings by half. Anything that doesn't make the cut can be donated or sold for cash to boost your moving fund.

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Does conventional wisdom about slow home sales during the winter holidays make you fearful of putting your house on the market? Over the 12-month period from September 2018 through August 2019, 20 percent of home sale closings occurred between December and February.

What the winter buyer pool lacks in quantity, it makes up for in motivation. Make the holidays merry and bright with these helpful tips for marketing Beavercreek homes for sale.

1. Post Video Tours and High-Quality Photos
   When temperatures are low, people are less likely to spend a weekend touring homes and more likely to turn to online listings. An enticing video tour and beautiful photos designed to highlight your home's best features will create a desire to see it in person. It's generally worth the investment to hire a professional. If possible, use exterior photos taken in spring or summer.

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If you're thinking about selling your home soon, you'll definitely want to keep the millennial homebuyer in mind. Although this generation wasn't a major player in the real estate market in past years, research shows that there's been an uptick in millennials buying their first homes. 

Our REALTORS® have recently helped many millennials find the perfect Beavercreek homes for sale. What we've noticed is that the features that are important to these homebuyers are different than what other generations were looking for. Before you make any changes or upgrades to your home, take a look at these five desirable features, and three you really should skip. 

1. A Nice-Sized Yard
   If you're thinking about a home addition that creeps into yard space, you might want to reconsider. Surprisingly enough, the number one feature millennials want in a home is a nice-sized yard. Having enough room to add a garden and plenty of space for future kids to play were some of the reasons cited in research surveys. Millennials in general value the lifestyle that having outdoor space affords them. They also realize that you can always update the interior of a home, but you're stuck with your yard for life.

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Buying a new home when you own another one with a mortgage can be a complicated situation. Most lenders won't qualify you for a new loan until you have sold your current home. Unless you're comfortable with moving into a temporary living situation, you'll need a bridge loan. Our REALTORS® are happy to explain what bridge loans are, how they work, and why they're an attractive option for homeowners who are in fixed situations.

What is a Bridge Loan?

It's all in the name. A bridge loan is a type of financing that is meant to bridge the gap between closing on a new home and selling an existing home. Also called "gap financing" or a "wrap," bridge loans enable individuals to address current needs before securing a mortgage or long-term loan. Bridge loans are usually short-term and can be arranged with little documentation. If you urgently need to buy a new home but are still saddled with your current one, you can facilitate the purchase with a bridge loan. In this case, your existing property becomes the collateral for the loan.

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When you're selling your home, you're probably overwhelmed with just how much work goes into it between listing and closing. However, one area that our REALTORS® insist that you shouldn't neglect is your seller disclosure form. There are few things that can scuttle a sale quicker than a missing or inaccurate disclosure form, and failure to disclose everything required by law can come back to haunt you even if you complete the sale.

The Importance Of Full Disclosure

When adding your property to the inventory of Beavercreek homes for sale, you should take the first available opportunity to prepare your disclosure form. Virtually every home has something that must be disclosed to potential buyers. This not only ensures fair negotiation of the price but also provides transparency on the motivations behind the sale. The form protects not only the interests of the buyer but also the seller. The form will need to be signed by the buyer so they will not have grounds to pursue legal action based on any pre-existing condition of the property that is disclosed.

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