Posts with tag 'Selling your home'

Never underestimate the power of a fresh coat of paint in your home. Adding a coat of paint is an affordable and accessible way to make your home extra enticing to potential buyers.

If you're planning on selling your home in 2020, you might want to consider getting your paintbrush ready. 

Our real estate agents have seven cost-effective painting projects to help you sell your home in 2020.

1. Understand Neutrals
   Grandma's turquoise farmhouse might be the talk of the neighborhood, but it won't be the top choice for new family offers. Stick with a neutral palette when repainting your interior or exterior. Bright colors are most often a personal choice, and it will be unlikely to find a shopper with the same taste in orange as yourself. A neutral color offers potential buyers a blank canvas they can make their own. 

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Whether you're listing your first home, or if you're a seasoned pro at flipping houses, there are many real estate terms you'll hear. If you're considering listing your property among other Augusta homes for sale, you will need to become familiar with this terminology to make the process easier for you. Acquainting yourself with some of the verbiage discussed below will make your home-listing experience more enjoyable.

Terms You Should Know When Listing Your Home

Once you familiarize yourself with even some of the basic definitions, the process will become easier for you. If you need help clarifying some of the more complex terms, our REALTORS® can help you better understand what they mean for you as a buyer or seller.

One of the first terms to acquaint yourself with is the combination of a buyer's agent and listing agent. A buyer's agent will represent you in the sale of your home while finding potential buyers. While a listing agent will handle the marketing and prepping of your home throughout the process. Principal refers to the amount owed to the lender, which the buyer pays with interest, and using a certified REALTOR® will ensure ethical standards are upheld during the listing.

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When it comes to Augusta homes for sale, savvy buyers are investing in a home inspection on a more regular basis. Our real estate agents recommend getting a home inspection when there is no inspection on file, or the most recent inspection is more than a year old.

Many lenders require a home inspection before providing funds, especially when they are extending a loan to first-time buyers. Even if this is not a requirement, however, having an inspection done will protect your interests. 

Although you can negotiate for the seller to pay for an inspection, it benefits the buyer most of all. During this process, a qualified home inspector will look at every aspect of the structure. Every issue, big or small, will be documented.

Many would-be buyers terminate a sale if there are serious issues:

• Roof leaks or attic problems
• Mold or mildew in the home
• Unreliable electrical wiring
• Sewer or septic system issues
• Termites or other vermin

If the home is not considered safe for human habitation as a result of the findings, then your lender might withhold funding. In general, though, the decision to proceed is up to you.

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Congratulations! You've found yourself in a position most sellers dream of — having multiple offers on your home. While this is a positive development, some sellers may be unsure of how to proceed. Should you choose the buyer with the highest offer or consider other options? There is no black and white answer — the best solution will be the one that fits your needs appropriately.

Our real estate agents have spent years negotiating Augusta homes for sale and have plenty of experience helping a seller manage multiple bids. We know this may seem overwhelming! However, this is a fantastic opportunity for you to ensure your needs are met and that you conduct a mutually beneficial real estate transaction with a deserving buyer.

Before you make a decision, we encourage you to consider these helpful tips:

1. Look for Offers that Stand Out
   Before you sort your offers into categories based on price, funding, contingencies, and preapprovals, we suggest taking a moment to acknowledge the offers that stand out. You can separate them into two piles: ordinary offers and extraordinary offers. Examples of exceptional offers are those with a personalized letter, those offering to cover closing costs and those having added an escalation clause. These small details can make a significant difference later on in the process.

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Whether you're buying or selling a home, you must understand how some aspects of the house may impact the sale of the property. For many prospective home buyers and homesellers, a strong focus is placed on aspects like curb appeal, remodeled kitchens and bathrooms, and new paint throughout the house. Each of these features can influence the price of a home. However, they aren't alone in impacting the success of a real estate transaction. The age of these five things could affect a home sale.

1. Roof
   The roof is one of the most important and expensive elements of a home, so it should be no surprise that its age may impact the sale. The average roof has a lifespan between 20 and 30 years. Depending on the age of the roof, the seller may consider replacing it to maximize their potential selling price. Although the buyer may negotiate the cost of the home based on the old age of the roof, they may have trouble securing homeowners insurance until it's replaced. There's a possibility that an insurer will deny a policy renewal on homes with roofs over 20 years old without first passing an inspection.

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