If you are planning on selling your home, there are some simple things that you can do to drastically increase the amount of money you will receive from it. Remember that most people that will look at your home will also look at comparable homes in your neighborhood. Top real estate value can only be achieved for your home if it stands out from all the rest of the similar homes in the neighborhood.

Real Estate Value – The 60 Second And 60% Rule

A home has 60 seconds to make a lasting impression on the potential buyer, so make it a positive one. Experts agree that 40% of the buying decision is determined when the potential buyer first drives up and gets a glimpse of the house from the curb. Another 20% of the buying decision is made when the potential buyer first enters the house; in other words 60% of the decision to buy or not to buy the house has been made right after the prospective buyer enters the house. That should tell you that 60% of your time preparing the house for sale should be concentrated in the front of the house and in the area as you just enter the house

Most potential buyers are looking to get excellent value for real estate they invest in and are looking for an uncluttered home with a free-flowing floor plan, and bright, clean interior.

Real Estate Value – Tip Top Condition

Make sure you pay special attention to the front yard: cut and trim the grass, trim trees and shrubs, plant colorful flowers, and paint the exterior of the house, if needed.

Real Estate Value – Remove Clutter

It is recommended that you open up all tight traffic areas and remove some furniture from the home to make it look larger. Change the light bulbs to the maximum wattage allowed, and open all drapes, shutters, and shades. If you are going to repaint the interior of the house then use white, this gives the potential buyer a canvas to work with.

Real Estate Value – Appeal To The Buyer’s Senses

You must make sure there are no offensive odors in the house because nothing turns off a potential buyer like a bad smell. If you are going to have an open house, then turn off the TV, turn on some soft music, and make some fresh smelling cookies or bread.

Real Estate Value – Exposure

Pure mathematics suggest that, the more potential buyers that tour your home the better chance you have to sell it at top dollar. Make sure your marketing plan includes listing your home on the internet both locally and worldwide. Professional flyers and brochures distributed in the neighborhood is another excellent way to give your home exposure.

Real Estate Value – Don’t List Too Long

If your home has not sold in a reasonable length of time, then take it off the market. A house that stays on the market to long, goes stale, and then will sell for a lower price. It is better to let the market correct itself, then relist.

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The advantages of buying a Sacramento home versus  an apartment rental

For most people, living in the Sacramento apartment will be a good decision as they accumulate the money for a proper down payment or if they simply intend to move in the short term future.  What kind of calculations should you do in order to determine if you’re financially secure enough to purchase your dream Sacramento property?

Magnifying your monthly rental payments by 200 will give you good estimate if the home market is affordable.  Paying $1000 a month in rent would mean that the Sacramento home you are looking at should cost under $200,000.

By following this basic rule of thumb, you can easily calculate whether it is time for you to obtain a Sacramento mortgage.

Another factor to take into consideration is inflation, and 30 years from now your rent payments will be much higher, experiencing rises of around 5% annually.    The simple conclusion that this leads one to is that it doesn’t take many years before apartment costs will go through the roof.  On the other hand, in 20 years a $2000 monthly mortgage payment will seem paltry compared to rental rates.

Since most rental tenants are limited in their abilities to redesign their apartment, a Sacramento home offers the opportunity to decorate your own house as you please instead of being limited by the owner.

Other people have much more general problems with their landlords, and after buying a home you will no longer have these problems.  The flip side of this argument is that you will also have more responsibilities and you’re no longer have a landlord to repair a bad roof, for example.

Another advantage of the Sacramento home buying process is that an individual will accumulate massive amounts of wealth and home equity over time.  In addition, once sufficient equity is built, it is possible to tap into a home equity line of credit in order to avoid financial ruin.

Another pro in favor of homebuying is that most apartment owners are not allowed to own the animals that they desire.  Apartments will usually have a very small yard if they have any at all, so for those people who love gardening, having a home can be a good choice.

The amount of space that is available in an apartment is a major consideration when deciding on whether to buy.  It is also difficult to have a sufficient amount of privacy and a Sacramento apartment when you’re surrounded by many other tenants with many different interests.

The decision is difficult and you should be sure not to rush it, as it is important to make the decision that is right for you as opposed to write for others, such as a realtor trying to sell you a property.  Sacramento real estate will be around forever, and prices will fluctuate depending on a particular economic climate such as a recession or depression.

Remember that purchasing a Sacramento mortgage is a fairly permanent decision, as you’ll be paying off over the next 30 years, so this is not a process with which to tread lightly.  Instead, you should do much proper research before coming to a decision.  

To discover additional info about Sacramento Mortgage check out my Sacramento Home Inspector web page

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Thinking about buying a new home? Here’s an opportunity to save more money. Everyone likes to compare the best value when shopping, and take advantage of specials in order to save money, why pay more when you buy a new home?

Home builders may offer what is called a broker co-op, which is a sales commission offered to a real estate agent as an incentive to show clients their new homes. The real estate sales commission may range from 3% to 4% of the home sales price.

Many real estate agents are now offering to share their commission with their home buyer clients. A buyer can hire an agent to represent them, in exchange for a share of the commission paid by the home builder.

The amount of money a buyer can save depends on the share of the commission, which is negotiable with the agent, and the sales price of the home. For example, buying a new home with a sales price of $500,000, with a 1 1/2% share, would save the buyer $7,500.

The buyer can receive a check at the close of escrow, or the money may be applied to the down payment or closing costs, providing there are no restrictions from the mortgage lender, or state laws that regulate real estate transactions.

Most new home builders don’t usually advertise a broker co-op offering, so the buyer, or the buyer’s agent would have to ask. The home builder may have a requirement for the buyer’s agent to be with them when visiting the office, or signing paperwork to buy a new home, so be sure to clarify the rules. A little time spent on research could mean a lot of money saved on your real estate transaction.

Home Mortgage rates and home loans, plus information on new homes San Diego

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