21 Tips to Prep Your House For Sale

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I came across this article by Trulia, and I found it very interesting after showing some clients around this week. Of course, we saw homes which were owner-occupied- some with piles of ‘things’ all over and one in particular which had been staged by the owners so well. Now I don’t know the owners personally, but I can tell they did their research before listing their home. Their house made my clients, and me!, feel like it was home. The scents in each room were just like Fall, very little personal items were left out, all lights were on, shades were open and the home was c-l-e-a-n, clean! Needless to say, my clients made an offer on that house.

Be sure to check of EVERY item on this list if you’re thinking of putting your home on the market.

  1. Clean, clean, clean. Be sure to clean every nook and crannyDon’t forget overlooked areas, such as dusting the fireplace mantel and ceiling fan blades, polishing appliances and faucets, and washing the windows. If you’ve already moved out or if you’re too busy to do a thorough cleaning, consider hiring a cleaning service.
  2. Pay attention to smells. “Don’t cook bacon in your home the day of a showing,” advises Rachel Weinberg, a broker at Wright Kingdom Real Estate in Boulder, CO. “Although it might taste great, the smell is strong and lingers for a long time. You don’t want your home to smell like a fast-food restaurant!”
  3. Clear out the clutter. You want buyers to focus on how awesome your space is, not how messy it looks. Banish that pile of shoes from the entry, that stack of mail from the kitchen table, and anything else that detracts from your home’s gorgeous features.
  4. Repaint the walls in neutral colors. As much as you love your dramatic red dining room, it could turn off a good portion of your potential buyers. So repaint your rooms in neutral tones such as grays, tans, and whites that allow buyers to focus on the spaces, not the color of the walls.
  5. Keep the decor simple. To help buyers imagine themselves in your space, get rid of any statement art or decor that might turn people off. A classic landscape painting? Totally fine. Your zebra-print leather couch? Might want to slip-cover that for showings or rent a storage unit until you’re ready to move it into your new place.
  6. Get rid of personal items. Buyers want to be able to envision themselves in your home, so remove anything overly personal, such as the gallery wall of family photos or your kids’ artwork on the fridge.
  7. Let there be light! Open all the windows (especially in warmer months) to let in natural light and add floor or table lamps to illuminate areas that are dim. A bright, cheery room looks bigger and more inviting.
  8. Bring nature inside. Potted plants or a few pretty buds in a vase can help bring energy into a space, fill in empty corners, and even draw attention to features you want buyers to notice. Just make sure the plants are in good health (and bug-free!).
  9. Get rid of bulky furniture. Your furniture should fit the scale of the room, so get rid of any extra or oversized items that could make your space look smaller than it really is. For example, if you have a huge sectional in your family room, consider breaking it up and use just the main sofa portion.
  10. Organize your closets. Storage space is a huge selling point, and if your closets are stuffed to the brim, buyers will think you don’t have enough of it. Invest in some boxes, dividers, and other solutions that will help you organize your space, and remove items you don’t need (you can stow them away until you move).
  11. Tackle that honey-do list. All those little things you’ve been meaning to do but never got around to? Do them. Buyers will notice minor flaws, and they’ll detract from the value of your home. So set aside a weekend to tighten those loose doorknobs, fix that leaky faucet, and paint over the scuffs from when you first moved in your sofa.
  12. Do a faux renovation. Little tweaks can make a big difference in the overall feel of a room. Kitchen a bit outdated? Replace the fixtures, faucets, and hinges. Family-room furniture beaten up? Throw some slipcovers over it.
  13. Give each room a purpose. That spare room you’ve been using as an office/guest room/dumping ground won’t help sell your home unless you show buyers how they can use it themselves. So pick a use (office, guest room, crafts room) and clearly stage the space to showcase that purpose.
  14. Turn the bathroom into a spa. Create the feel of a relaxing, luxurious bath — for less than $30. Stack a few pretty washcloths tied with ribbon, add some candles and orchids, and buy bathmats and towels in coordinating tones such as light green, blue, and white.
  15. Lower the toilet seat. When it comes to both showing and photographing your home, this little trick can make a surprising difference.
  16. Turn the living room into conversation central. Practice the art of feng shui: Help buyers picture themselves relaxing with family and guests by grouping your furniture into arrangements that inspire conversation.
  17. Keep the flow going. The last thing you want is people bumping into furniture as they tour your home; it disrupts their focus and makes your space look cramped. Do a dry run as though you’re seeing your home for the first time and tweak anything that interrupts the “flow.”
  18. Make something yummy. Real estate agents don’t put out fresh cookies at open houses just to treat buyers. A “homey” smell such as cookies or muffins baking can help people connect with a kitchen. Not a baker? Fake it with a scented candle.
  19. Make it look lived in with vignettes. Help your buyers see themselves in your home by adding deliberate vignettes that showcase how your home can be lived in. An inviting armchair and a tray with a coffee cup and book on it can turn that empty corner into a reading nook. Pretty soaps in a decorative tray can make your tiny half bath more appealing.
  20. Highlight focal points. Draw buyers’ eyes toward any special features with bright colors or accents such as plants. A pop of red from a throw pillow can draw buyers’ attention to that lovely window seat. A striking fern on the mantel can show off your fireplace.
  21. Boost the curb appeal. Don’t spend all your time indoors. Buyers may decide to not enter a home based on its curb appeal, so make sure your home’s exterior looks excellent. Trim shrubs, weed flower beds, remove and refresh any peeling paint, and keep the walkway clear. Just adding a row of potted plants along the walkway or a cheerful wreath to your front door can make a big difference. Marilou Young recommends her clients focus on curb appeal first. If her clients are on a tight budget, she’ll advise that they at least spruce up the front entrance. That first impression goes a long way.

Checklist by: Paula Plant, Trulia

Just In: Qualified Buyers May Now Finance with 3% Down

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Quicken Loans, the biggest online lender in the U.S., has partnered with Freddie Mac to expand a loan program allowing qualified home-buyers to purchase for as little as 3% down.

An ongoing lawsuit between Quicken Loans and and the federal government over past underwriting on Federal Housing Administration(FHA)-backed loans are what prompted the partnership between the online lender and Freddie Mac. Quicken Loans, along with other lenders, have since reduced involvement in the FHA single-family program, which allows for as little as 3.5% down.

Quicken Loans, under its new agreement with Freddie Mac, will offer financing for loans with down payments as small as 3 percent – which is lower than the 3.5 percent for FHA loans.

Source: Bloomberg Business

Two Bedroom Condo Sold

Evergreen Real Estate Services has sold another condo in Oakwater Resort! This one was a two bedroom, two bathroom upstairs unit, sold fully furnished.

The space and location are ideal for the new owner who works nearby. The condo has an open floor-plan and includes a private screened-in patio, perfect for enjoying the wonderful breeze- like we have today!

The condo was sold for $125,000, which is marks the highest recorded sales-price for a two-bedroom in Oakwater since the community was built.

Take a look at photo’s of the unit…

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Post by: Alicea Salgado 

Pricing Your Home Correctly From the Start

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If you’re putting your home on the market, especially if you live in an area where prices are going up and buyers are competing for homes, you may be tempted to try listing it at a high price just to see if you can get it.

Don’t do it.

Experienced Realtors will tell you that pricing your home appropriately from the beginning is critical to getting it sold quickly and at the best price. Research shows that overpricing your home and then dropping the price several times while it languishes on the market usually leads to selling it at a much lower price than what you originally should have asked for it. The longer a home stays on the market, the deeper the discount is likely to be off the original price.

For example, according to McEnearney Associates, a McLean, VA, real estate company, homes that sold in August 2013 within their first week on the market sold for an average of 2.08 percent above list price. Homes that lingered on the market for four months sold for an average of 11.53 percent below their original price.

How to price your home correctly

Many homeowners want to set their list price based on what they paid for their home, the balance of their mortgage, or on the profit they want to make so they can move into another home. In reality, your home is worth only what the market will bear. If you price your home too high, some potential buyers won’t want to look at it at all, while others will simply walk away without making an offer.

If you’re interviewing several Realtors to choose a listing agent, you may be tempted to pick the sales professional who suggests the highest price for your property. But sellers, like buyers, need to beware. The Realtor who provides the best comparative market analysis and explanation of how your home should be priced will be more likely to sell your home quicker and for a higher price than someone who tells you only what you want to hear.

A comparative market analysis should include sales prices for similar nearby homes that sold in the last month or two. In addition, many Realtors include prices for homes currently on the market that will be your competition, as well as homes taken off the market because they didn’t sell. Other data Realtors can use to suggest a price range include how many days homes were on the market at various price points and the average difference between the list prices and sale prices on homes that have sold.

Your Realtor can help you estimate who might want to buy your house and what else those buyers are looking at so you can measure your price against the competition.

A knowledgeable Realtor can factor in all of these issues in the context of your local market conditions, including whether home prices are rising or falling and whether it’s a buyer’s or seller’s market.

Choose the right professional to help you with your home sale and then listen to your Realtor’s advice and your transaction is more likely to go through quickly and smoothly from the beginning.

Here’s a funny meme created by the Lighter Side of Real Estate.
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Cat Cafe Coming to Clermont Early 2016

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Calling all animal lovers!

Construction of the Orlando Cat Cafe is set to begin this week on October 16th at the Town Center at Cagans Crossing at 532 Cagan Park Ave. The cozy, kitty-friendly, cafe will serve premium coffee and house 12-15 cats, all roaming freely and available for adoption.

Owner, Sandra Cagan, is partnering with the South Lake Animal League and states “We have many residents and visitors who may not want their own pet; or work long hours and travel and do not want the responsibility of owning a pet. Now they have the opportunity to relax, visit with cats, and go about their day.”

The Orlando Cat Cafe is expected to open early 2016. See ya there!

Post by: Alicea Salgado

25-Year-Old with $70 Million Dollar Real Estate Portfolio

T. Swift of course!

Realtor.com recently put out an article breaking down Taylor Swifts real estate investments over the years. Ms. Swift’s real estate portfolio is reported to be wroth $70 Million Dollars. That is 7 followed by 7 zero’s.

First, let’s consider her old stomping grounds: Nashville, TN. Here, Swift has purchased two homes: a penthouse downtown for $2 million and a $2.5 million brick mansion out in the sticks (where her parents were rumored to live before she sold it in 2011).

Brick mansion in Nashville, TN
Taylor Swift's Nashville mansion

Next up? Beverly Hills. Swift plunked down nearly $4 million for a four-bedroom, four-bathroom country home with canyon views, tennis courts, and even a white picket fence.

Country-style home in Beverly Hills, CA
Taylor Swift's Beverly Hills home

From there, Swift moved on to Barnstable, MA. Why? Because she was dating Conor Kennedy at the time. She bought a home nearby: a 4,440-square-foot mansion overlooking Nantucket Sound. Even though the relationship didn’t last, the singer made a killing on the home, flipping it for almost $1 million in profit.

Then in 2013, Swift shelled out over $17 million for Watch Hill, a 12,000-square-foot megamansion by the sea in Westerly, RI.

Megamansion in Westerly, RI
Taylor Swift's Rhode Island mega-mansion

A year later, the country singer hit the Big Apple, coughing up $20 million for filmmaker Peter Jackson’s old penthouse in lower Manhattan. The duplex features nine bedrooms, 8.5 bathrooms, and 2,000 square feet of terraces.

Bottom line? If Swift ever wants to shake off her music career, she has a solid backup: managing her multimillion-dollar real estate portfolio.

Article by: Realtor.com

Enchanted Water Village in Holland

Giethoorn, Holland is a tiny picturesque village that looks straight out of a fairytale. The enchanted town is built on a network of narrow canals and is totally real….people actually live there.

The population of this enchanted village is only 2,600, with very little tourism, although it does feature a variety of bed and breakfasts. If you’re looking for tranquility, then Giethoorn is the place for you. The towns website states “the loudest sound you can normally hear is the quacking of a duck or the noise made by other birds.”

I’ve read this town is quite remote and accessible by car from Amsertdam. The postman reportedly delivers mail by a flat-bottomed, square-shaped boat, also known as a punt.

Take a look through the photos below as I plan my next vacation to Holland…

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Welcome to the World Liam Young!

This morning, Daniel and Rosie Young welcomed a baby boy and his name is Liam Young!

Liam was expected to make his grand entrance this Friday, but was eager to start selling real estate with Papa Young and decided to come this morning at 4:45am! Already an early-bird. Baby Liam weighed in at 7lbs, 14oz and is cute as can be.

Congratulations to Daniel and Rosie on their new baby boy and also to older siblings, Naya & Lucas, on becoming big brother and sister!

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Post by: Alicea Salgado