Lisa Bradley - Re/Max Vision



Posted by Lisa Bradley on 8/13/2019

If you’re looking to increase the value of your home before you sell, there are certain things that you can do to attract buyers and get a high return on your investment in your home. There’s only so much time and money that you have to invest in your home. You will be purchasing a new place most likely and will need some capital for that. Read on for some tips on how to cheaply and efficiently make some quick improvements to your home. 


Stage Your Home 


You don’t have to create a significant expense to make changes to your home. If there’s one thing you should know about selling your home, you should make an appearance. Clear out the clutter in your home. Then, take some time to stage it. No one who is touring your home should see your personal papers, children’s toys, and celebrity shrines. Think minimalistic when it comes to the things that need to be in your home when it’s put on the market. Having a clean house can make all the difference in selling your home.


First Impressions Are Everything


A mess never makes a good first impression. If things appear in disarray around the property, it’s going to deter interest in the home. Make sure the yard looks presentable. Add some plants to the outside of the house. A simple clean up can make a big difference in the property. 


The Kitchen And The Bathroom Are Points Of Interest


People pay particular attention to the kitchen and bathrooms of a home. One reason for this is that these rooms are particularly expensive to renovate. At the very least make sure that these rooms are clean. If you have the time and funds to replace tiles, or replace the sink, definitely complete these projects. 


Don’t Try To Take On Projects Yourself


It’s important to recognize what you can and can’t do. Hiring a professional to complete your projects can make a big difference. If you don’t have a grasp on home renovation procedures, an improvement can turn into a nightmare. It could end up costing you more money and time in the long run. 


Hire A Real Estate Agent


Hire a real estate agent to help you sell your home. Real estate agents understand how to price and market a home for an optimal sale. Fees for seller’s agents are very reasonable and worth it if you want a good price for your home.  


As you can see, there are many simple ways you can get more value out of your home when you head to sell it.            





Categories: Uncategorized  


Posted by Lisa Bradley on 8/6/2019


 

Are you familiar with “green” home builders? They are contractors who construct homes from sustainable or renewable products. These green home builders use durable materials in building all kinds of homes ranging from individual bungalows to expansive, real estate developments. Just like traditional builders, they handle diverse types of construction but build in a way that minimizes waste.


Green homes have gained recent popularity due to their energy efficiency, water efficiency and minimal impact on the environment. Apart from their environmental impact, green homes are known to boost the quality of living for the occupants. Moreover, a green home can enhance their overall well-being.


While searching for a suitable, green home builder, you must examine aspects of their past work like their building strategies, experience, quality of work and expertise. A green home builder must be actively involved in all phases of your home construction; they should be a part of the process from the time of design inception to the completion of the home.


Here are things to consider before employing the services of a green home builder:


License


Just like other businesses, it is essential for real estate builders to have a license that permits them to construct green homes. These licenses are issued by the state, federally, or via local city council. It is proof that a particular contractor has a permit to build a sustainable house. Therefore, you must ensure that a green home builder has a license before employing his/her services.


Experience/ Expertise


Experience is a quality that a green home builder must have. In addition to a license, builders may seek the designation "Certified Green Professional" (CGP), which is an industry determination requiring them to pass specific coursework to obtain and maintain. In addition to certification, to choose a reliable and experienced green home builder, you should endeavor to ask your prospective green home builders to show some similar projects that they have done in the past.


Green builders who believe in the quality of their work may refer you to their past customers. When meeting these customers, ask questions that will give you an idea of the builder’s level of expertise, and how living in a green home enhances their lives.


Knowledge is power, so don't be afraid to ask the tough and necessary questions to ensure you're getting the most value and efficiency for your money. To find a green home in your area, seek the advice of your real estate professional today.





Posted by Lisa Bradley on 7/30/2019

If spending money to make money on your property seems counter-intuitive, you might attempt to sell your home “as-is” and keep your money for the new place. After all, most of those homes featured on renovation reality shows are in worse condition than yours; and those buyers intended to gut the place for a complete makeover anyway.

Just know that the offers you receive will reflect the needs of the buyer, so you won’t get top dollar unless the property is in an extremely desirable area. Still, it might make sense to sell as-is for a discount if your situation is difficult or you’re strapped for cash. Conversely, selling a home that isn’t up to code reduces your buying pool. FHA and VA loans require a home to meet minimum property standards to secure the loan.

Another consideration is how much you still owe on the property. Unless the investment for repairs and upgrades is more than your remaining mortgage, it is probably worth spending to bring your property up to code. A qualified real estate professional can help you prioritize your repairs to those necessary to get it sold, or market it to buyers looking to renovate to raze the home.

So, who buys as-is?
Investors often purchase property intending to “flip” it; that is, to renovate a distressed property and quickly resell it to recoup expenses and make a profit. Typically, investors want the “bones” of the property to be sound, so foundation and structural issues are less appealing to them.

Another type of investor wants the property for its proximity to business or industry. Their goal is to have the property rezoned for commercial purposes or to build multi-family structures on it instead. If the area around your home is transitioning to commercial or multi-family dwellings, your professional real estate agent can guide you to this type of investor.

Less common is the buyer that wants a project or fixer-upper on which to put their own stamp. Some fixer-uppers buy for nostalgia (they lived in the home/area as a child) and others for what they know the area can become. Their goal is to restore the home to its former glory while adding newer amenities. As opposed to flippers, these buyers often intend to live in the home while working on it, or once the work is complete.

If you determine that selling as-is is the best option for your situation, discuss the issue with your agent. She can warn you about what to expect for offers with your home in its current condition and help you set a fair asking price based on its location and the market trends in your area.





Posted by Lisa Bradley on 7/23/2019

Shopping for a house is a high-stakes game. If you’re a first-time buyer, it can be difficult to gauge the value of various components and features of a home. Appraisals are designed for just this reason.

However, an appraisal is a subjective tool to determine a rough estimate. Furthermore, there are a number of things you can’t learn from an appraisal--such as how convenient the home would be for your work commute.

In this article, we’re going to help you, the homebuyer, determine the true value of a home as it would mean to you in your everyday life. Read on for tips on finding out the value of that home you’ve been dreaming of and deciding whether it’s really the best home for your budget.  

Appraisals are a baseline

When lenders are in the process of approving your home loan, they’ll want to decide whether the home you’re buying is worth the amount you’re paying. To achieve this, they’ll typically hire a third-party appraiser.

Find out from your lender which appraiser they use and read their online reviews. This will ensure that they’re a trustworthy source of information. Also be sure to check that the appraiser is certified and that they work with a diverse range of clientele (not just your lender!).

Since you’ll likely be paying the appraisal fee as part of your closing costs, make sure you’re happy with the appraisal and appraiser.

Key appraisal factors

After the appraisal, consider getting a second opinion or inspection of any of the key components of your home that may impact the appraisal. Some of these factors include:

  • The roof, HVAC system, and septic systems

  • The energy-efficiency of the home

  • The current market value in the area

  • The general upkeep of the home--a few cosmetic problems shouldn’t affect the home value much, but serious neglect can cause long-lasting and expensive issues like mold, water damage, pest invasion, and more

What an appraisal can’t tell you

Now that we’ve discussed the nuts and bolts of home value, we have to venture into what value means to you and your family. You’ll need to ask yourself a series of questions, and some of them won’t have a cut-and-dry answer.

First, how well does this home fit into the work life of you and your spouse? Will it mean a shorter commute, and therefore lower transportation costs and more free time? Putting a dollar value on an extra thirty minutes not spent in traffic can be difficult, but it’s a worthwhile exercise to take part in.

Furthermore, does the house have features that will make it a better asset in years to come? Energy-efficiency, proximity to in-demand schools, businesses, etc., can all be selling points for future buyers that are willing to pay more for your home.


Using a combination of a certified appraisal and some introspection, you should be able to come to a confident conclusion as to the value of the home as it means to you and your family.




Categories: Uncategorized  


Posted by Lisa Bradley on 7/16/2019

Once you’re a homeowner, you know that excellent finances are a necessity. You need to budget smartly and be aware of where your money is going. There are so many little things that drain our money that aren’t so obvious. Read on to see some places where your money is going right out the window and what you can do to control it.


Food Spending And Consumption


Not only do most people admit to overspending on food, they admit to wasting food as well. It’s a smart idea to have a weekly meal plan. Do you cherish pizza night? Write that into the plan. Set a week- or even a month of menus ahead of time depending on how motivated you’re feeling. Make sure you’ll have everything you need in the house to make these meals. Try not to stock up on too many items. The simple act of knowing what you’re eating can save you hundreds, if not thousands of dollars over the course of a year. 


Financial Fees


Are bank fees and credit card late payment fees getting you down? All of those extra costs add up over time. Each time you overdraft your bank account costs you somewhere in the neighborhood of $25-$35. Every time you miss a credit card payment costs you another $25 or more. Make sure you’re enrolled in overdraft protection. You should also get alerts from your credit card as to when bills or due. If auto-pay is convenient, you can also consider that option to help you not miss payments. 


Utility Costs


Utilities can cost a significant amount of money, but these bills don’t have to be astronomical. Make sure you’re not wasting energy. Keep the thermostat either higher or lower depending on the season when you’re not home. A few degrees can make a big difference in your bill. Old appliances can also be energy suckers. When you leave the room, shut off televisions and lights to save even more on your utility costs.     


Monthly Memberships


Do you have a gym membership and never use it? That’s money going right out the window. If you subscribe to online services that you don’t frequently use, only keep the subscriptions that you need and use. You can save hundreds of dollars just by keeping track of where your money is going and if you use the products. Take a look at your credit card statements and notice any monthly charges that look unfamiliar.        




Categories: Uncategorized