Find Real Estate Investment Tips That Work for You

Four Tips For Selling A Home With An Unattractive Exterior

Posted by on September 16, 2016 in Uncategorized | Comments Off on Four Tips For Selling A Home With An Unattractive Exterior

Curb appeal is often touted as one of the essentials for selling a home. So what should you do when your home’s exterior is unattractive, but you don’t have thousands of dollars to spend on new siding, landscaping, and similar improvements? Selling your home may be a struggle because potential buyers won’t get that excellent first impression – but it is not impossible. Use the tips below to maximize your chances of success. Plant some fresh flowers. A pop of color from fresh flowers may do more for the exterior of your home than you’d imagine. Head to your local garden store, and buy some colorful annuals. Marigolds and pansies are always good choices since they bloom for a long time and do well even with little water. If your landscaping is not set up for planting flowers, then plant them in a few big pots or planters, and set the pots on either side of your front door. The flower displays may help draw attention away from the otherwise unimpressive exterior. Have a lot of open houses. Potential buyers who just drive by and look at the house on a whim may be turned off before they even come inside. But if you hold an open house, you stand a greater chance of actually getting people in the door so they can see your home’s upside: the interior. Make sure you work with a realtor who believes in holding a lot of open houses, and do all that you can to make those open houses spectacular. Clean the house impeccably, bake and serve cookies, and play soft music in the background. Include pictures of the interior on the sign. Some real estate agents have taken to including pictures of homes’ interiors on the “for sale” signs they place in front lawns. Definitely take advantage of this approach. This way, potential buyers who are driving by at least have a chance of seeing that the interior is in better shape than the exterior.  Select advertisement wording carefully. Your advertisements and home descriptions really need to emphasize how lovely the inside of the home is. Statements like “You have to see the gorgeous inside of this home!” and “The inside is wonderfully updated so you can focus your efforts on the outside!” should help draw potential buyers inside, rather than leaving them to assume that the inside of your home is as scrappy as the...

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Tips for Selling a Home in a Bad School District

Posted by on September 16, 2016 in Uncategorized | Comments Off on Tips for Selling a Home in a Bad School District

“In a good school district” seems to be at the top of most home buyers’ must-have lists—at least among those buyers who have children. Even those who don’t have children often seek homes in good school districts since they know these homes will be easier to sell later on. So, what should you do if you’re wanting to sell a home in a lousy school district? Are you going to be stuck with this home for decades until local test scores improve? Not if you approach selling the right way! Here are some tips for selling a home in a bad school district. Don’t mention families in your advertising copy. Your most likely buyers are not people with families. They’re young professionals who either do not want children or are not yet thinking about children. They may be older adults who have already had their children move out and are now looking for a new home. If you market your home to families, you’re just going to get discouraged as they show up to look but never make offers. To do a better job of marketing to young professionals and older adults, emphasize the following things.  That the home is in a quiet neighborhood. (Hopefully this is true!) Spaces like home offices and hobby rooms. Modern features like breakfast bars, updated cabinetry, and energy-efficient appliances. Don’t even mention the school district in your home description. If someone who is otherwise interested in your home sees the school district listed, this may turn them off. It’s better to just leave this information out of the ad entirely. Potential buyers can look it up or ask you if they want to know, but not having this information in the forefront minimizes the chance that a potential buyer will be turned off by it. Have a list of private schools in the area ready if anyone asks. There’s a chance that someone with the intention of sending their children to a private school may be interested in your home. To capitalize on this possibility, make sure you look up a list of the best private schools in the area. Ensure your realtor does the same. This way, you’re prepared to answer any buyer questions about private schools. Selling a home in a bad school district is not always easy, but with the tips above and the guidance of a good realtor, it can be done. Make sure you take the school district into account when setting your asking price for your real...

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Addressing Three Air Conditioning Inspection Questions

Posted by on September 9, 2016 in Uncategorized | Comments Off on Addressing Three Air Conditioning Inspection Questions

When you are preparing your home to be sold, it is important for you to take proactive steps to help address some of the concerns that potential buyers may have. In particular, the air conditioning system can be of particular concern for those looking to buy a home. However, many sellers may not be informed about the need to have the unit professional inspected prior to listing the home. By having these questions about air conditioning inspections addressed, you will be better prepared to address these concerns. Why Should You Have The Air Conditioning System Inspected? When someone is evaluating whether or not they should buy a house, they will likely be concerned about any needed repairs the property will require. Considering the importance of an air conditioning system for the comfort of a home’s interior as well as the expensive repair costs, it is easy to see why a buyer may be hesitant about investing in a home with an unproven air conditioning system. How  Long Will This Inspection Take? It can be a common concern for some homeowners to be worried about these inspections being inconvenient. Fortunately, an experienced air conditioning inspection expert will be able to complete this evaluation in a fairly short period of time. Additionally, you will not need to be home for this work as long as you leave any doors that the inspector may need to access unlocked. If you are worried about leaving doors unlocked, you may opt to leave a spare key for the inspector. Will The Inspector Repair The Problems That Are Discovered? There are many first-time sellers that may assume the air conditioning inspection expert will repair any problems that they discover. Rather, these professionals will simply prepare a report outlining the condition of the air conditioning system at the end of this inspection. Depending on the service you used, they may be able to repair the problems, but this will involve additional costs and other fees as it is considered a separate service. Having your air conditioning system inspected can be an important step for ensuring that your home is as attractive as possible to any potential buyers. By appreciating the importance of this simple task, that it will not be particularly inconvenient and that the inspector will not repair the problems that are discovered, you will be better prepared to know what to expect when you are needing to have your air conditioning system inspected. For more information, contact a business such as Home Inspection...

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3 Tips For Finding A New Apartment When You Have A Vicious Breed Of Dog

Posted by on August 31, 2016 in Uncategorized | Comments Off on 3 Tips For Finding A New Apartment When You Have A Vicious Breed Of Dog

If your dog is a breed that is considered to be vicious, you are probably already aware of how challenging it can be to find a landlord who is willing to allow you to rent an apartment. Since apartments so rarely come with private, fenced yards, it can be even more difficult to find an accommodating landlord since your pet will not have the space to run off its energy or become more complacent when you are away from home. Fortunately, the following tips will make it easier to find the perfect apartment that meets both your needs and those of your beloved canine. #1-Enroll Your Pet Or Show Proof Of Their Previous Completion In Obedience Classes It is not unusual for landlords to fear that excessive barking, chewing or other unpleasant habits of larger, restricted breeds could deter other renters from living nearby or cause damage to your apartment. In that instance, you may be able to offset their fears by showing proof of their training. If your dog has previously successfully completed any type of canine manners, training or obedience classes, this will be a good time to dig out those certificates. If that has not occurred yet, you may want to consider enrolling them in a class that meets frequently, so you can produce evidence of your dog’s good nature, manners, and training. #2-Offer Proof From Previous Landlords That Your Dog Has Not Caused Problems Since future landlords will not have the benefit of knowing you or your dog very well when you first meet, they are likely to use the information they do have. Unfortunately, that means that they are probably considering the many bad experiences that they are aware of with vicious breeds of dogs and irresponsible pet owners. Therefore, you should provide proof that you and your canine have previously been and will again be good tenants. Since your landlord will have access to the contact information of persons or apartments from whom you have previously rented as part of your application, it is a good idea to allow them to verify the information relating to your pet’s experience as well. You may find that verifying there were no complaints about Fido at your previous address, you may have a better chance of bringing him to your next home. #3-Be Flexible With Your Finances And Lease Terms If despite your best efforts, you have a Iandlord or property owner who is stiII concerned about aIIowing your pet, you may find that offering to Iimit their IiabiIity is helpful. Since you are sure of your dog’s future behavior and the person you would Iike to rent from is not, one option would be to offer to sign a shorter lease. By agreeing to stay in the unit for only three months or even on a month-to-month basis at first, the Iandlord knows that the damage or complaints your dog may accrue wiII be more limited. Thus, you might be a better risk. Another option could be paying a bigger pet deposit, which would also limit the amount of money your Iandlord could Iose if your pet damaged the rental property. However, it is a good idea to verify that any deposits you pay would be returned in fuII at the time you move out. That...

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Things All First-Time Home Buyers Need To Consider

Posted by on August 24, 2016 in Uncategorized | Comments Off on Things All First-Time Home Buyers Need To Consider

It’s completely normal for your to be excited about buying your first house. However, it’s also important that you don’t allow the excitement that you’re feeling to overshadow the importance of the decisions that you need to make. You probably already have a an idea of what you expect to have in a new home, but have you taken the time to think about your needs realistically? Before you start shopping for your first home, take time to consider these things. Long-Term Needs  Often, people who are buying their first home only think about what their current housing needs. This is why you see a lot of homes advertised as “starter homes.” People tend to purchase smaller houses because they don’t currently need a lot of room, anticipating that they will purchase a larger house when needed. However, if you purchase a home only expecting to live in it for the next few years, and you can’t purchase a larger home or build an addition onto your current home when you do need more room what will you do? When you’re purchasing your first home, you need to think long term. If your goal is to eventually use your first house as a rental to generate passive income for your family, purchasing a smaller “starter home” might be a good option. However, if you’re planning to raise a family in your new home, you should try to purchase a house that’s large enough to eventually house your growing family. Know Your Needs Unless you’re building a brand new home, there’s a good chance you’re going to have to make some compromises at some point during the buying process. So, before you start looking for a house to buy, you should make a list of the features that you’d like in your new home. Once you’ve listed all of your “wants,” take the time to prioritize your list. Use a highlighter to highlight all of the features that you’ve included on list that are your “must haves.” These are the home features that you absolutely can’t live without. Use the list you’ve made as a checklist when you tour potential houses so that you can keep track of which features are available in each home you see. This way, when you’re narrowing down your options, you’ll know exactly what each house has to offer, and you’ll be less likely to purchase a house that doesn’t have your must-have features because you thought it was beautiful. By knowing exactly what you need and what your long-term goals are before you start shopping for houses, you can relax and enjoy your first home-buying experience. After all, buying your first home is exciting and you should be able to enjoy...

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Seeking A Rental For The First Time? Should You Get A Real Estate Agent?

Posted by on August 6, 2016 in Uncategorized | Comments Off on Seeking A Rental For The First Time? Should You Get A Real Estate Agent?

Whether you’re going from a home you’ve owned to a rental property in another state, or are looking for your first solo living situation after college or graduate school, you may be perusing rental listings and wondering how you’ll ever be able to save several months’ rent for a deposit while paying moving expenses and your other costs of living. While you may associate real estate agents with the purchase and sale of homes, they can sometimes assist with rental transactions as well. Read on to learn more about the payment structure for real estate agents helping you find rental properties, as well as the factors you’ll want to consider when deciding whether to enlist the help of an agent to find your next rental. How are real estate agents paid for helping you find rental properties? When a real estate agent helps you find a home or condo for sale, he or she will usually receive a commission based on a percentage of the selling price. However, the payment arrangement for a real estate agent who assists with a rental transaction can vary from a percentage of the first month’s rent to the security deposit or other initial payment. You may also opt to pay your real estate agent a flat fee based on the number of hours he or she has spent in trying to find your perfect rental home or apartment. Should you get a real estate agent to help with your next rental transaction? Although it’s usually possible to rent a home or apartment without using a real estate agent of your own, there are some situations in which the use of a real estate agent can be beneficial. If you’re in a hot renter’s market where new properties are snapped up nearly instantly, you may want to cultivate a relationship with a seller’s agent so that he or she can send rental properties your way as soon as they hit the market, rather than making you compete against others who are constantly stalking the rental listings in your area. A real estate agent can also help you if you’re moving to an area you haven’t (or have only rarely) visited before, as he or she will be able to make a number of dinner, home improvement, and entertainment suggestions to help you and your family members begin to fit in among your new neighbors...

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Adding Safety Measures To Your Teen’s College Apartment

Posted by on August 6, 2016 in Uncategorized | Comments Off on Adding Safety Measures To Your Teen’s College Apartment

If your teen is getting ready to venture off to college this fall, aside from expenses, safety is likely heavily on your mind. For your new student, the thrill of independence along with the idea of socializing and inviting new friends over to study brings them joy, but you a little bit of concern. Staying safe means having multiple methods in place to keep your teen’s apartment secure around the clock. The best place to start is with a locksmith that you trust. Here are just a few examples of safety measures that he may recommend for you. Personal Safe There are many things that are priceless to you and your family. If your college student decides to bring keepsakes or other items along that valuable, it’s important to keep them secure, especially if your child has a roommate. A personal safe is the best way for them to hide and store items such as: Money Jewelry Expensive, small electronics Passwords and personal information Passport and travel ID cards Your local locksmith can come to you and help make your existing safe as secure as possible. He may also recommend a specific brand or size of personal safe that would meet your teenager’s needs. Door And Window Alarms If your child is moving into his own place, but the entire apartment seems too easily accessible, it may be beneficial to install door and window alarms. Your locksmith may install alarms himself or recommend someone that he trusts. A door or window alarm can be set up through a security company that will alert you, even remotely, that your teen’s apartment was accessed improperly or without his permission. This is an added safety measure that may ease your mind when it comes to safety. Additional Locking Systems Because an apartment is someone else’s property, be sure to ask permission from the apartment owner before installing any locks or safety devices. With permission, you can install specific door locks to help thwart intruders. Examples include: A door keypad system A door camera with an alert or doorbell Padlocks Deadbolts Lever-handled locks Your local locksmith will be able to install a locking system that will make it safe, understandable and easily accessible for your teen. Extra Key Sets It’s important for you to have an extra set of keys for your teen’s apartment. This will eliminate your child accidentally getting locked out for long lengths of time. Make sure that you have extra key sets so you can also drop by and gain access to your child’s living area if need be, in case of an emergency. Contacting a locksmith to make sure that your teen’s apartment is safe and not easily accessed by strangers will bring you the peace of mind that you need. For more information, consider contacting companies like Arapahoe County Security Center...

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What to Look for Before Making an Offer on Your First House

Posted by on July 28, 2016 in Uncategorized | Comments Off on What to Look for Before Making an Offer on Your First House

If you are working on buying the very first house you have ever bought, looking for a suitable property can be both exciting and terrifying. After all, you are about to spend a great deal of money over the course of more than a decade; you need to be sure that the house you choose is affordable, safe, and well-suited to you and your family. Here are some things you should be looking for before you make an offer on your first home. A Mortgage Many homebuyers make the mistake of looking at numerous houses and then trying to find a mortgage when they finally see one they like. This can be a mistake because you might not be able to get a mortgage for the amount of the house you’ve fallen in love with. To avoid problems and save time, instead look for a mortgage before you go forward. Your own personal bank is a great place to start looking for a mortgage, as they might offer you more favorable terms due to the relationship you already have with them. You can then consult other lenders in the neighborhood to find out if you can find more agreeable terms. A Community Newspaper You will need to have some idea of whether a certain house is in a good neighborhood and whether there will be a lot of things for you to do once you move in. A great place to find out this information is the local paper, so look for one before you put in an offer on a house. Many community newspapers have a copy of the police blotter, notices about arrests, and stories about crimes. They also tend to have social calendars, so you can use these community newspapers to see what kinds of activities the area offers for your family. Many small local papers can be found at the local library, so head there to get copies. The Police Station You might think that the police are too busy conducting important business to talk to you, but you should also look for the police station before you make an offer on a house. Of course, you want to notice how far away the station is, but more importantly, you want to spend a few moments with an officer to discuss how safe a particular street and neighborhood are. This can set you mind at ease so that you feel comfortable putting in an offer. After using the information laid out in this article, you should be better able to buy real estate. Ensure that you’re working with a great real-estate agent to avoid mistakes during this process so that you can soon enjoy your first...

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3 Places To Look For Water Damage And Mold After Having Leaks In Your Home Fixed

Posted by on July 24, 2016 in Uncategorized | Comments Off on 3 Places To Look For Water Damage And Mold After Having Leaks In Your Home Fixed

So, you had a leak on your roof fixed or addressed an issue with leaky pipes. This does not always mean that the problem is over. In addition to the leaks, there is a possibility that there may be mold growing in your home, or water damage to structural elements. When you have leaks fixed, you will also want to address any of these issues. Here are some of the places you will want to look for potential leak problems in your home: 1. Looking In The Attic For Signs Of Rot And Mold After Roof Leaks There are many areas of your home that can be rotted after a roof leak. When you have a roof leak repaired, follow the trail of water marks to see if any repairs are needed. This is easiest to see in an attic with a flashlight. Look for signs of rot and damage to rafters and ceiling joists. If you notice watermarks continue to walls, look inside your home for signs of damage on drywall on walls and ceilings. Sometimes, the problem may be hidden behind a wall and need repair. 2. Dealing With The Trail Of Water That Leaking Pipes Can Cause Leaking pipes are one of the most common causes of water damage in homes. You may have fixed a water line, but there can still be problems behind cabinets and in the walls of your home. Look where the leak was repaired for signs of mildew growth. If you see that there is mold, contact a mold removal service to inspect the extent of the damage. The problem can even cause moisture to be trapped in walls, allowing mold to grow and spread. 3. Issues With Condensation That Can Be A Returning Water Issue In Your Home Condensation is another problem that you may have in your home. This can come from areas that are not well sealed off, such as crawlspaces. Encapsulating these areas of your home can keep moisture out of your home. In addition, uninsulated pipes can be the source of moisture, so you want to make sure pipes and air conditioning ductwork have the appropriate insulation to prevent the moisture that causes mold to grow. These are some of the places that you will want to look for leak problems in your home. If you need help with finding mold and cleaning it, contact a home inspection service to help test for mold and recommend repairs and removal that may be needed.  Reach out to a service like Watson Inspections to learn...

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Four Things To Know Before You Buy Renter’s Insurance

Posted by on July 14, 2016 in Uncategorized | Comments Off on Four Things To Know Before You Buy Renter’s Insurance

Renter’s insurance is often overlooked by renters because they consider that it is unlikely to pay off in the long run. However, an accident that damages a resident’s possessions is just as likely in a home for rent as it is for a home that is bought outright by the resident. If you’re renting a property, you should be aware of the following four things. Being aware of these renter’s insurance factors will help you to get the coverage you need on the belongings you keep in your rental home: A landlord’s property insurance isn’t going to cover your belongings. A lot of renters make the assumption that their belongings will be covered by their landlord’s property insurance. While home insurance will typically cover a resident’s belongings if the resident owns the home, this is not usually true if the resident is renting. If you rent a home and you don’t have renter’s insurance, you will not be compensated if damage to the property destroys your belongings.  Having your possessions appraised is the best way to find the right renter’s insurance policy. It’s difficult to make an accurate estimate of what your belongings are worth unless you have them appraised. If you guess what the value of your belongings is, you may end up taking out a renter’s insurance policy that doesn’t have high enough coverage limits to compensate you for everything you own. Documentation of your appraisal can be presented to your insurance company to back up a claim so that you are able to be reimbursed the proper amount. You’ll want to take inventory every time you renew your policy. As time goes on, you’ll accumulate new belongings in your home. You need to have documentation of the purchase of these new belongings to get compensation for their destruction if you have to file a claim. This means that it’s important to repeatedly take inventory of the possessions you’re insuring every time you renew your policy.  Paying your premium in one lump sum can benefit you in the long run. Many insurance providers will offer you a lower overall premium if you pay upfront than if you pay monthly. Paying up front can also make it easier for you to budget for your renter’s insurance by taking care of the expense all at once. This way, renter’s insurance costs don’t continue to eat into your income over the entire life of your...

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