The housing market predictions are in and 2016 is set to be an active real estate year with a 3 percent increase in total home sales over 2015.
Hoping to ease the home buying and selling process during this busy real estate time frame?
Sellers: Improve Curb Appeal – First impressions matter. Take your home’s exterior from drab to fab. Trim shrubs, mow the lawn and remove all dirt/debris from outside. Make sure the house numbers, mailbox and lighting fixtures near the front door look inviting. Add plants and comfy furniture to the porch for a welcoming touch.
Sellers: Optimize The Space – Add the illusion of extra square footage using the same paint in a lighter shade across rooms to create a seamless transition. Remove family photos and any customized decorations so the buyer can picture living in the home. Be sure to keep the master bedroom “gender neutral,” since you don’t know the gender of the buyer. Lastly, have a professional cleaner shine the home, especially often-neglected areas like carpets, ceiling fans and baseboards to make a bigger impact.
Buyers: Do Your Homework – Narrow your home search to particular areas and neighborhoods that appeal to you with regard to housing prices, school districts and work commuting times. Determine your budget and stick to it. Familiarize yourself with the real estate market and your rights as a homebuyer. Know your credit score and take steps to improve it, if necessary.
Buyers: Ask the Right Questions – Don’t be afraid to directly ask the seller “what’s wrong with the house?” Ask to see disclosure forms around any issues with the house and check the age/condition of major home systems, like heating, plumbing, electrical and air conditioning. This can save you costs in the long run. Additionally, an independent professional home inspection is highly recommended. This is an investment that can pay for itself many times over, especially if hidden defects are found.