Buyer Tips: Save Everyone Time – Get Pre-Qualified First!

Buyer Tips: Save Everyone Time – Get Pre-Qualified First!

If you are contemplating a real estate purchase within the next 3 -12 months be sure to get pre-qualified first! This simply means contacting a professional loan officer at a bank, credit union, mortgage lending institution to review your financial status and provide you a pre-qualification letter for you and your Realtor. When you do so the loan officer will examine your assets and liabilities, which includes your income and debt, to determine if you qualify, or meet the risk guidelines to obtain a mortgage loan. This inquiry is FREE and does not obligate you to use the source for the pre-qualification letter. In fact, after you are pre-quailified for a mortgage loan you may find it’s in your favor to compare loan programs and interest rates in order to receive the most cost-effective loan.

If you are uncertain of who to contact you can always call a local Realtor for guidance. Regardless of who you contact, once you are pre-qualified you can then approach the search for a new home with a clear understanding of what you can afford.  You will also enjoy the peace of mind of knowing you have the ability to move forward, and thus transact real estate!

So save yourself time, build confidence in the understanding of what you can afford, and avoid frustration from the start with a pre-quailification lender letter!

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Seller Tip: How to Market Alternative Use Spaces

Seller Tip: How to Market Alternative Use Spaces

From a home staging point of view I think everyone will agree that it is important to define the use of space within a house to show purpose. Simply put, a bedroom should look like a bedroom and a dining room should look like a dining room.

So what does a seller do when the defined space has been altered or re-purposed such that a living room is an office or a dining room is a play room? You need to CONVERT the space back to it’s original planned use! A potential buyer needs to see the house as it was originally planned. Let them decide how they want to live in the space and not how you hope they will accept it.

And remember:  Don’t give a buyer a reason to say no!

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What is Home Staging?

What is Home Staging?

Home staging is an investment! It is the process of using the principals of space, color, and interior decorating to accentuate a home’s architectural features while depersonalizing the space. Staging makes it easier for the buyer to visualize living in the space and provides the seller top dollar returns.

An Accredited Home Staging Professional (ASP), such as Belinda Jacobson-Loehle, will identify focal points, the best traffic patterns, optimal lighting and coordinate the space using the furnishings and accessories you already have! It’s a “win-win” investment for everyone.

Home staging includes but is not limited to: Interior color and lighting coordination, identification of focal points and traffic flow, clutter reduction and organization, furniture and accessory rearrangement or removal, and prop additions.  Exteriorpaint color selection, landscape improvements, garage and storage organization, suggestions for driveway and sidewalk repair, and cosmetic upgrades.

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Prepare to Sell: Low-Cost Ways to Enhance your Home’s Exterior

Prepare to Sell: Low-Cost Ways to Enhance your Home’s Exterior

You don’t need thousands of dollars to showcase the exterior look of your home. With a little time, effort, and “some” money you can improve your homes curb appeal and get buyers to the front door!

Consider the following ideas:

  1. Install new doorknobs on your front door
  2. Upgrade your outside light
  3. Buy a new mailbox
  4. Clean windows inside and outside
  5. Polish or replace your house numbers
  6. Buy a new doormat for the outside of your front door.
  7. Trim and maintain existing trees, scrubs and lawn
  8. Power wash siding to remove mold and mildew
Take the time to make these changes now to help sell your home tomorrow.

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