Archive for the ‘How to increase value of my home?’ Category

Is there a difference between a house and a home?

April 23rd, 2008 by admin

A house can be a place where you eat, sleep, park your car, and keep all your “stuff” (including other family members). It is a material possession as well as an investment. A home is a place with a comfortable atmosphere, where you feel warm, safe, and protected.
A home is where you live. A house is something you buy logically. A home is typically an emotional purchase. When you buy a real estate you have to keep your emotional wants and your logical needs balanced, as there will surely be a time when the two conflict.

Example

For instance, you may dream about a house with a view, but the payment is higher than you can comfortably manage with on a 30-year fixed rate mortgage. What can you do?
Purchase the house anyway and plan your budget more thoroughly for the next couple of years? Buy the same house without the view for a lower price? Make a larger down payment by borrowing from your 401K or family members, so you get a lower payment? Get an adjustable rate mortgage with a smaller payment instead of a fixed rate loan? Or buy a smaller house and still get the view?
When buying the house, most people look emotionally and perceive it as a safe and comfortable home. Later, when making the offer or filling out a mortgage application, your logic may begin to kick in, instead.

Balancing Act

When buying a real estate you should consider all decisions from both a logical and an emotional point of view. In a situation when a trade-off is needed, decide on whether the conflict is huge or small. Logic should be in favor in the big conflicts, but emotion should always be taken into account.

Deal with the outside of your house and add value to it!

March 4th, 2008 by admin

You will often find yourself wondering how to add some value to your house, but it is usually associated with high expenses and lot of time devoted to renovation. Our hints will show you how to improve your house cheaply and with little effort. That a nifty touch here and a clever tweak there often add more value to your living space than the most extravagant additions or renovations.

  1. The interior of your home may be perfect, but if the outside sucks, let’s face it, people are just going to drive by. Start the cosmetic makeover by cleaning up your yard; throw away all the old junk scattered around, trim the hedges, mow your lawn, and rake up all the leaves.
  2. Paint the fence (or railing) that surrounds your home, and fix the broken boards and bars. The walls could do with a coat or two too.
  3. Spruce up your front door with a fresh coat of paint, a new knocker, or possibly a shiny knob – such things work wonders. And make sure your doorbell isn’t broken!
  4. Make sure the address number is in a readable, visible font. Stylized curves may not be those easiest on the eyes.
  5. Paint your mailbox; or even pull it out and place a new one.
  6. Recoat your driveway. Pull up growing weeds in the cracks between the tiles, and clean up the mold and mildew.
  7. Uproot all the dead and dying plants and shrubs.
  8. Add new vinyl and siding to replace those shoddy ones.
  9. Don’t just shake out not the dust from the welcome mat, but put in a new, bright one that says more than just welcome.
  10. Wash the windows – it’s hard to imagine how much of a difference one coat less of grime will make.
  11. Clean the roof – you should hire a professional to do it.
  12. Chop the tree branches that tempt entry through your house’s windows.

Accidents in Realtor Finding

February 17th, 2008 by admin

When you decide the time is right to sell your house, you usually interview a number Realtors from various companies to decide which of them is best for your needs. You’d want somebody who will be your representative as well as someone you think will do a good job at marketing your home.
However, when someone makes a decision to purchase a home, they often end up with their Realtor through sheer accident. Why don’t they do a home buyer search for a Realtor the same way that home sellers do?
Instead, homebuyers typically end up with a Realtor they picked up from an advertisement. The advert will provide a short summary of a home available for sale along with the price, but it doesn’t say a word about the Realtor.

So… does it really make a difference?

Bear in mind that there are two “parties” in every sale. The listing side and the selling side. Usually deals have an agent representing each of the sides, so there are normally two agents involved. The seller’s side is represented by the listing agent. The buyer’s side representative is the selling agent (also referred to as the buyer’s agent).
Agents can deal with both buyers and sellers, but the majority tend to focus their work on one or the other. Some can even exclusively handle only buyers or sellers.

So what should you do?

It is generally recommended that you hire a real estate agent with as much care as you would with any other kind of professional. Ask them questions about their education, experience, and focus. In the end, buying your future home is presumably the biggest and most important purchase you’ve ever made in your life. Does it seem more sensible to find your agent by accident…or by design?

9 easy steps to increase appeal and value of your home

February 17th, 2008 by admin

It’s more than simply a roof over your head, or a place you come when your work is over – your home is probably the most valuable thing you have. Therefore, it is perfectly sensible that you maintain, nurture and improve its looks, and make it into the perfect home. Below we present some basic hints and general guidelines that will allow you to enhance the appeal of your home quickly and easily.

There are 9 basic steps you should take when doing up your place:

  1. You can add appeal with improved storage space, it can be in the kitchen, bathroom or possibly the garage. A place for everything and everything in its place contributes to a tidier and better-looking home. Hanging wall storage systems is not going to make a significant impact on your budget.
  2. Change all those old, leaky faucets for some shiny new ones.
  3. Get rid of those old light fixtures, brighten up your place with new bulbs that can also reduce your power consumption.
  4. Spruce up your cabinets with a fresh layer of paint, or, if they’re dirty, use a brush and soap on them, remove those dirty fingerprints, and make them looking as good as new.
  5. Shake up and clean your carpet, they should look as good as new too.
  6. Check that all the latches and bolts work, that the hinges are well-oiled and creaky noises don’t come out of them.
  7. Replace the old blades in your fans, or simply clean them out.
  8. You can buy throws in colors that go well with the room to cover up worn sofa and chair upholstery.
  9. Call a plumber and electrician, they should check your wiring and pipes are in the right places and working just fine.