Should I Take my Home off the Market during the Holidays?

When the end of September rolls around, you might be tempted to exhale a sigh of relief. The kids are back at school, work is back to being routine and it’s time to start thinking about the holidays.

Most people think that they will just be too busy to sell their house during the holidays. Even if you did put your home on the market, you probably think that no one else is interested in buying a home. They’re probably too busy with work, family and holiday obligations too!

In fact, the opposite turns out to be true. Putting your home on the market during the holidays is perfect as many couples take time off at the same time (never an easy feat) during the holidays giving them more time to look at places together. Most agents like the holidays because the buyers have a lot more time to look around at places and mull their options as a couple.

While buying activity may slow down somewhat, the buyers who are actively looking during the holiday seasons are generally more serious about purchasing. Many people shopping for a home in the spring or summer might wait, mulling their options over as different places come on the market. With the end of the year near, buyers begin to look for places that they are more likely to purchase.

Many agents also disagree with the idea that buyers don’t necessary buy during the holiday season. If this were true, the housing market would shut down all the time in favor of other family centric activities such as; graduations, summer vacations and back-to-school activities.

People buy a home for many reasons. Whether they’re looking to upgrade, get more room, or simply need to move for work, they will always be buyers out there for you to pursue. For example, there will always be workers who move because of work. If they find out they’ve gotten a new job in November, most families want to get their kids transferred into the new schools before the January semester begins, thus, giving them a shortened schedule to buy (this sort of scenario makes the buyer very serious about purchasing).

As a staging opportunity, the holidays really can’t be beat. When people are looking to buy a home, they generally want a place they can picture doing things like celebrating the holidays. The holidays give you a unique opportunity to make your place as inviting and comfortable as possible helping to put potential buyers into the mindset of what it would be like to live there. If it looks good enough for your family and friends, it should look good enough for the strangers coming in to tour your home. This gives you an opportunity to show them how easy it is to build memories that last a lifetime there.

In fact, during the holidays, you may find that you’re busier than ever scheduling showings with serious buyers. Work with them as much as possible, but keep the contract on your terms.

Keeping your home on the market during the holidays might seem risky at first, but, as you can see, it’s the perfect opportunity to sell!

Curb Appeal Matters When Selling Real Estate

First impressions matter most. This is one concept that many homeowners trying to sell their homes and first time property investors trying to sell or rent property fail to understand. Curb appeal is the first impression when it comes to a house. This is the place that you as an investor or seller want those driving buy to think of as home. For this reason you should pay careful attention and spend some degree of time and effort making the outside of the home inviting and appealing to potential buyers or renters.

One of the first things that people will notice is crumbling paint and bland or tired and faded colors on the exterior. Vinyl siding is often inviting because it is easily cleaned and reinvigorated. It also happens to be fairly low maintenance, which often appeals to buyers and renters alike. There are those however who will argue that siding detracts from the potential personality of a home. To each his or her own in this as it is a personal decision on behalf of the buyer and the seller. Regardless a clean and crisp paint job or siding makes a much better impression than an apparent state of disrepair.

Remember those first impressions are important. If the outside of the home is rather unimpressive potential buyers are quite likely to discover the diamond that is the inside of your home. Another thing you can do to add curb appeal is to plant low maintenance flowers and plants around the exterior of your home. You do not want to invest in plants that require constant care nor do you want to seriously invest in plants that are going to grow out of control and look unwieldy. At least you do not want to plant these around the exterior of your home that is facing the road. Bushes and climbing vines do well in many cases along fences that surround the property however or as a dividing privacy line between your property and neighboring properties.

If you live in an area that is too shady to grown green grass you may want to consider some sort of hybrid that can thrive with less sun  or choose some form of landscaping that doesn’t rely on large open patches of grass in order to be beautiful such as xeriscaping then that is quite probably a wise idea. The point is to make the house as attractive on the outside as you hope those viewing the property will find the inside.

Another thing to keep in mind when making the upgrades is to clean the sidewalks and driveway if it is concrete. It is amazing what a high power pressure washer can do to your sidewalks, driveway, and/or front porch. Don’t stop there however; take the time to make sure your doors and windows are clean as well. These little things often make the biggest impression. If you care properly for the exterior of your home and keep it nice and shiny chances are (in the buyer’s mind) that you will have taken the same care of the inside of the home that they are quite possibly now considering.

Taking the extra time to insure that the outside of your home is attractive to buyers can translate into higher and quicker offers than neglecting the essential real estate between the front door and the curb. Do not overlook this powerful piece of advice and you should enjoy a little more success in your efforts to sell your home or investment property.

Does Staging Help You Sell Your Home?

There is something to be said about a neat and tidy house when you are sorting through house after house looking for the perfect home for you and your family. This is something that should be kept in mind when selling either a personal home or an investment property. There are a few other things you should keep in mind when it comes to selling real estate. One of those things is that staging sells homes.

Seriously, there is something cold about an empty house. It could be painted impeccably and meet every possible standard a family has and yet feel cold and anything but homey when walking through the home for a real estate tour or inspection. This can be easily overcome by contacting a local furniture rental store and picking out furniture that will match at least the primary rooms of the home in order to make the home appear leaved in and homelike.

The primary rooms that you will want to appear ‘lived in’ are the living room, dining room, master bedroom, and all bathrooms. These are the rooms that essentially sell homes and it is important to make them appear neat, orderly, and well cared for. If you have the funds for every room in the home then by all means do so. It is a huge selling point, particularly for those who are trying to sell homes quickly. If the home doesn’t sell after the first two weeks or month (you decide the time limit) then you may want to remove the ‘staging’ furniture in order to eliminate the expense. I would strongly encourage you to keep this furniture as long as the home is being shown fairly regularly though.

You will want to do so much more than simply putting furniture in the property you are trying to sell. You want to create an atmosphere or warmth and comfort. This means you want to have prints on the walls, mirrors, plants, and pillows. You do not have to purchase items particularly for this process. You can use things from your own home in order to establish this atmosphere of homelike comfort. Be sure not to use sentimental favorites or very valuable pieces, as not all people who will view the property being sold are honest. It’s a sad reality but something to consider all the same.

Other things that may help an empty home sell are scents. There is nothing quite like the smell of cookies in the oven or flowers in bloom to make a home feel ‘homey’. These scents can be easily accomplished with well-placed scented candles, potpourri warmers, dry potpourri, fresh-cut flowers, and electric room air fresheners. There are few things that will turn off potential buyers more quickly than an overpowering fragrance, however, so keep this in mind when selecting the method of fragrance & one use 1 scent. Having some fragrance in the home also eliminates the problem of an empty house taking on the ’empty house’ scent that so many do over time. In other words, this is yet another part of the staging process that works for many trying to sell homes.

The short answer to the question of whether or not staging sells real estate is “yes”. Staging a home can absolutely lead to a higher offer and a quicker sell.

What To Do When Your Home Isn’t Selling

When you sell your home, the process is almost like going to a job interview.  Selling a home involves presentation, which is one of the key factors that determine the outcome.  Although this may sound a bit weird, presentation is a way of life in the world of real estate.  Buyers in today’s market look for good presentation – many basing their final decisions on it.

If the property you are selling comes with a garage, you’ll need to go through your garage before you sell your home.  Chances are that you store things in your garage, which can easily pile up over time before you realize it.  If your garage is in a messy condition, you’ll obviously want to clean it up.  Buyers look for homes that are in perfect condition, and anything less than perfect will look bad in the eyes of the buyer.

Most homes have some truly outstanding features inside of them.  You should always do your best to highlight the best features of your home, instead of just hoping that the buyer understands what they are.  The ideal way to bring out the best features of your home is to use the proper lighting.  If your home is clean, you can use lighting to bring out the best features in your home, and ensure that they stand out to the buyer.

When a potential buyer first pulls up to your home; the first thing he will see is your lawn.  If your lawn is trimmed and well taken care of, he will get a good impression right off the bat. If your lawn is a wreck, he may immediately pull away.  To give the best impression to the buyer, you should put some thought into how things look.  You can always plant flowers around the walkway and throughout the yard, which will look great to a potential buyer.

You should also make sure that the entrance into your home is a positive as well.  The front door should be in great shape, as well as the entry area into the home.  You can add some plants, paintings, and rugs to ensure that your buyer gets a good impression.  When the buyer walks through the entry way into your home, you should make sure that the view he or she takes in is a good on.  Your biggest goal when showing your home is to ensure that the buyer is pleased.

Keep in mind that it may take some time to sell your home.  These days, homes depending on price and condition, can sit on the market for months at a time before they actually sell.  If you are having trouble selling your home and want a second opinion, we would be happy to speak with you about how we get homes sold.

Selling a House at a Loss

Humans tend to think that they’re due for a run of good luck if only they hold on and keep trying. It’s similar to the mentality a gambler gets when he’s losing at the table, just one hand could turn everything around. But, the smart card player knows when to get up from the table. The same can be said when it’s time to sell your house at a loss. It’s perfectly understandable why you’d want to wait for better days to sell, but staying paralyzed on the issue is going to cost you money every month you push off the decision on what you want to do.

In a bad real estate market, sometimes you have little choice to do anything but sell your house at a loss. Simply put, you paid more money than the house is currently worth, or are able to get in a tight real estate market. The good news is that there are many ways to minimize the pain and find a buyer quickly to help you untangle your current financial situation.

The best thing you can do when you find that your house is no longer worth what you paid for is to see if you qualify for any refinancing of your home loan. Many banks are able to give you favorable rates as a way to manage your debt load until you’re able to unload the house and pay off the mortgage.

Examine your situation and needs. Depending on your situation, you have many avenues when it comes to selling your house at a loss. The first is to contact your local realtor and ask them questions about the neighborhood and what they might be able to do for you. Realtors know the local market better than anyone else, and local real estate news about your particular neighborhood can be hard to come by online.

Make sure you understand what money you would have to refund to your institution and pay after selling your house at a loss. Several years ago, the Federal Government offered an $8,000 tax credit for new homebuyers. If you took advantage of that credit, you may have to repay the difference depending on how long you stayed in your home. You’ll want to contact the IRS and ask them for a  schedule of “Repayment Triggers” to get more information on that.

See if you are qualified for a short sale. Short sales are great instruments for those people who need to move their homes immediately. Unfortunately, simply owing more money on your home isn’t always enough to qualify, but that doesn’t mean you shouldn’t look into it. Several different factors affect the decision on whether or not a home is eligible for a short sale and it is a very handy instrument for those who need to get out of debt fast. Be warned, by going through a short sale, you will have to wait a couple of years until you will be able to qualify for another mortgage. Short sales do affect your credit score, so short sales should only be used if you understand the consequences that come along with it. Weigh the pros and cons of each path and see which will be more expensive for you and your life plan.

Selling your house at a loss can be a complicated process, but with a well-qualified Real Estate agent at your side and people you trust handling the finances, you can successfully navigate it and save yourself more money than you would have otherwise. If you need an expert opinion – call Mark at 404.886.8789 and get your FREE / NO OBLIGATION assessment of your situation.

Atlanta Real Estate Market Update – Sept 2012

As we head into Fall 2012, we are seeing the typical slow down as we traditionally expect in the fall for both sales and rentals.

Atlanta Area Homes Sale

Since this is an election year, we expect that people are in a holding pattern until the election results are in before people make a purchasing decision. Due to the effects of the “robo-signing” for foreclosures, there was a significant drop off in the foreclosure market. However, a couple of weeks ago, all the fall out has been completed and we expect to see a huge increase in foreclosure filings. August saw 19% increase in advertised foreclosures from July to August. So this will also impact the available home inventory. Currently the home inventory is pretty low, approximately 45,000 active homes on the market today. It will take time for the advertised foreclosure homes to be foreclosed and be introduced into the market. One reputable source estimates that we will see 10,000 advertised Atlanta foreclosures by the end of 2012.

Here are some 2012 Atlanta Real Estate Trends:

We are seeing a huge increase of buyers paying cash for homes. Most of these purchases are real estate investors, but there are several home owner occupied buyers as well.

Banks are listing properties below market value, creating a frenzy, then pitting buyers against each other for highest and best. So in essence, the banks are creating a reverse auction. While this is netting higher returns for the banks, it is creating confusion, frustration and insecurity among buyers.

Another strategy that banks are using is fixing up the foreclosed homes and getting them in buying condition. This leaves real estate investors less inventory that they can purchase, rehab, & make money on. Since traditionally foreclosed homes were not able to qualify for FHA financing, the only ones who would be able to purchase were investors who would then fix them up for profit and then sell them to traditional home buyers.

Banks are not filing the Deeds Under Power. So what does that mean? It means that it is taking a much longer time to close. While we started seeing this trend late last year, it is becoming more prevalent. You can read more about this & the impact it has at New Registration Law.

So what do we have to look forward to in 4th quarter 2012 & into 2013? We believe it will be more of the same until we get some consumer confidence. Want to know what is going on in the Atlanta Rental Market? Click here for information on Atlanta Area Homes for Rent.

 

Homes for Sale | Spalding Corners

Spalding Corners subdivision, Peachtree Corners, GA. is conveniently located in Gwinnett County near I-285 and Peachtree Parkway.  The neighborhood is only minutes away from fine shopping and dining at the Forum Shops.

Spalding Corners is very close to outstanding amenities like Simpsonwood Methodist Retreat Center, Jones Bridge Park, Historic Norcross, post office, and Library. Spalding Corners is Peachtree Corners largest subdivision with over 500 homes is comprised of mostly brick traditional homes established from the 1980’s thru 1990’s and is a very desirable neighborhood.

The outstanding local schools that serve are Peachtree Elementary, Pickneyville Middle, andNorcrossHigh School.  The school buses make stops throughout the neighborhood.

Homes in Spalding Cornersare typically priced from the $250’s  to $350’s so there really are homes in a choice of price ranges for any Norcross or Gwinnett County home buyer.

CALL ROBIN LANESE FOR UP TO DATE INFORMATION REGARDING HOMES IN PEACHTREE CORNERS AT 678-231-1412.

SEE AVAILABLE HOMES IN SPALDING CORNERS:

  1. 6 beds, 4 baths
    Home size: 3,248 sq ft
    Year built: 1979
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See all Real Estate in the Spalding Corners tract.
(all data current as of 12/17/2017)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 FMLS.
Data last updated: 12/17/17 9:13 PM PST.

Walk Score provided by walkscore.com.

Homes for Sale | River Colony

River Colony subdivision, Lawrenceville,GA. is conveniently located inGwinnettCountynear I-85 and Duluth Highway.  The neighborhood is only minutes away from fine shopping and dining at Discover Mills.

River Colony is very close to outstanding amenities like the Gwinnett Civic Center, Collins Hills Sports Park, Sugarloaf Country Club, Gwinnett Technical College, post office, and library. River Colony has several different phases is a very family oriented Subdivision. The neighbors enjoy their lovely amenity center with adult and children’s pool, 8 lite tennis courts, children’s fenced play area, full club house and all  beautifully landscaped.

The outstanding local schools that serve are McKendree Elementary, Creekland Middle, and Collins Hill High School.  The school buses make stops throughout the neighborhood.

Homes in River Colony homes are typically priced from the $120’s to $225’s so there really are homes in a choice of price ranges for any Lawrenceville or Gwinnett County home buyer.

CALL ROBIN LANESE FOR UP TO DATE INFORMATION REGARDING HOMES IN PEACHTREE CORNERS AT 678-231-1412.

SEE AVAILABLE HOMES IN RIVER COLONY:

  1. 3 beds, 2 baths
    Home size: 1,734 sq ft
    Year built: 1986
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  2. 4 beds, 3 baths
    Home size: 3,400 sq ft
    Year built: 1987
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  3. 3 beds, 2 baths
    Home size: 1,982 sq ft
    Year built: 1996
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See all Real Estate in the River Colony tract.
(all data current as of 12/17/2017)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 FMLS.
Data last updated: 12/17/17 9:19 PM PST.

Walk Score provided by walkscore.com.

Homes for Sale | Peachtree Station

Peachtree Station subdivision, Peachtree Corners, GA. is conveniently located in Gwinnett County near I-285 and Peachtree Parkway.  The neighborhood is only minutes away from fine shopping and dining at the Forum Shops.

Peachtree Station is very close to outstanding amenities like Simpsonwood Methodist Retreat Center, Jones Bridge Park, Historic Norcross, post office, and Library. Peachtree Station is Peachtree Corners largest subdivision with over 500 homes is comprised of mostly 3 and 4 sided brick traditional and tudor style homes established from the mid 1980’s to early 2000’s is considered by most a very desirable neighborhoods.

The outstanding local schools that serve are Peachtree Elementary, Pickneyville Middle, and Norcross High School.  The school buses make stops throughout the neighborhood.

Homes in Peachtree Station are typically priced from the $350’s  to $450’s so there really are homes in a choice of price ranges for any Norcross or Gwinnett County home buyer.

CALL ROBIN LANESE FOR UP TO DATE INFORMATION REGARDING HOMES IN PEACHTREE CORNERS AT 678-231-1412.

SEE AVAILABLE HOMES IN PEACHTREE STATION:

  1. 5 beds, 4 baths
    Home size: 4,437 sq ft
    Year built: 1980
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  2. 4 beds, 4 baths
    Home size: 2,914 sq ft
    Year built: 1981
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  3. 5 beds, 3 baths
    Home size: 2,729 sq ft
    Year built: 1980
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  4. 4 beds, 4 baths
    Home size: 3,948 sq ft
    Year built: 1982
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See all Real Estate in the Peachtree Station tract.
(all data current as of 12/17/2017)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 FMLS.
Data last updated: 12/17/17 9:15 PM PST.

Walk Score provided by walkscore.com.

Homes for Sale | Neely Farm

Neely Farm subdivision, Peachtree Corners, GA. is conveniently located in Gwinnett County near I-285 and Holcomb Bridge.  The neighborhood is only minutes away from fine shopping and dining at the Forum Shops.

Neely Farm is very close to outstanding amenities like Simpsonwood Methodist Retreat Center, Jones Bridge Park, Historic Norcross, post office, and Library. Neely Farm is comprised of mostly custom homes a most established and desirable neighborhoods.

The outstanding local schools that serve are Peachtree Elementary, Pickneyville Middle, and Norcross High School.  The school buses make stops throughout the neighborhood.

Homes in Neely Farm are typically priced from the $500’s to a million  so there really are homes in a choice of price ranges for any Norcross or Gwinnett County home buyer.

CALL MARK LACKEY FOR UP TO DATE INFORMATION REGARDING HOMES FOR SALE IN NEELY FARM OR OTHER HOMES IN PEACHTREE CORNERS AT 404.886.8789

SEE AVAILABLE HOMES IN NEELY FARM:

  1. 5 beds, 5 baths
    Home size: 4,620 sq ft
    Lot size: 17,424 sqft
    Year built: 1988
    Days on market: 9
  2. 5 beds, 5 baths
    Home size: 4,620 sq ft
    Year built: 1988
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  3. 4 beds, 5 baths
    Home size: 5,800 sq ft
    Year built: 1989
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  4. 4 beds, 5 baths
    Home size: 7,130 sq ft
    Lot size: 16,988 sqft
    Year built: 1989
    Days on market: 32
  5. 5 beds, 7 baths
    Home size: 6,935 sq ft
    Lot size: 3.36 ac
    Year built: 1993
    Days on market: 81
  6. 5 beds, 7 baths
    Home size: 6,935 sq ft
    Year built: 1993
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  7. 6 beds, 5 baths
    Home size: 5,301 sq ft
    Lot size: 22,215 sqft
    Year built: 1989
    Days on market: 150

See all Real Estate in the Neely Farm tract.
(all data current as of 12/17/2017)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 FMLS.
Data last updated: 12/17/17 9:19 PM PST.

Walk Score provided by walkscore.com.

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of GAMLS. All real estate listings are marked with the GAMLS Broker ReciprocitySM thumbnail logo and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2017 GAMLS. All rights reserved.

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