Selling and Buying a Home at the Same Time- Lessening the Stress

lessen the stress when buying and selling a home at the same time

Ahhhh, to be a first time home buyer again, and only having to worry about buying a home.  Now as a move up buyer or a downsizer now you need to worry about selling and buying a home at the same time.  It certainly can be stressful to balance the two simultaneous real estate transactions. When you are selling and buying a home at the same time there is certainly a balancing act to be achieved.  Ideally it would be perfect to sell your home and move into your new home on the … Continue reading...

Should I Have an Open House to Sell My Home?

do open houses sell homes

Every home seller at some point wonders "do open houses sell homes"? For some sellers open houses are just an inconvenience.  The house needs to be cleaned, the kids and dog need to be packed up and they need to find something to do for a couple of hours for a few, potentially unqualified buyers to maybe come thru their home. For other home sellers, especially as their house sits on the market with few to no showings, it is the chance of selling their home and be able to move on to a … Continue reading...

I Need to Sell My Home But It Is Too Inconvenient To Show It

denying home shoings what is it costing you

Let's face it, showing your home to potential homeowners can be inconvenient.  You have to straighten up, pack up the family, take the dog and vacate your home.  And the longer your home is on the market, the more burdensome it becomes. Sometimes the timing is just plain bad. But think twice before denying showings of your home. Denying home showings is one of the big mistakes a homeowner can make when selling their home. I Need to Sell My Home But I Don't Want to Let You In to See … Continue reading...

How to Blow Up Your Home Sale in 7 Easy Steps

7 Common Mistakes the Home Sellers Make

You may laugh at the title, yet everyday home sellers will do something to blow up the sale of their home with one or more of the common mistakes home sellers make. The seller is the reason why the home didn't sell. Often times a seller is quick to blame the real estate agent for there home not selling where often it can be the seller sabotaging their own home sale.. As we hear news of the real estate market improving, I think it is important to note that in Essex County approximately 20% … Continue reading...

The Good the Bad and the Ugly of Handling Multiple Offers (Mostly Good)

The good the bad and the ugly of handling multiple offers

Recently I was in a multiple offer situation with a buyer looking to purchase a home in Chelmsford MA.  Which is what prompted me to write this article.  Current market conditions with low inventory and good homes moving quickly can see a Massachusetts home seller having multiple offers to review at the same time.  Following is a guide on how to handle multiple offers. The Givens When Handling Multiple Offers The first thing to remember when you are wondering how to deal with … Continue reading...

Staging Your Kitchen for Maximum Profits with Hot Insider Tips

Staging Your Kitchen

When it comes time to sell your home usually the kitchen is the room that gets the most scrutiny from home buyers.    Staging your kitchen can help you maximize your profits from the sale of your home. Think about it.  The kitchen will get so much attention from home buyers for two reasons.  First it is the most costly area of the home to remodel.  Secondly, for many, the kitchen is the heart of the home.  When buying a new home, buyers want to love their … Continue reading...

Escrow Monies- What Happens To Your Deposit in a Real Estate Transaction?

Escrow-Web

Deposit Money is a good faith deposit, or earnest money deposit that is tendered on the purchase of real estate which is then kept in an escrow account.  You will sometimes hear your deposit called escrow monies as well. The term escrow monies are used because most likely your deposit money will be kept in an escrow account. Massachusetts is a two contract state, typically a contract to purchase is signed (often called the offer) with a good faith deposit of typically $500 to a … Continue reading...

Overpricing Your Home- and The Disastrous Effects It Can Have

overpricing your home

When selling your home pricing it properly is 80% of marketing the home.  Overpricing your home has consequences. No amount of advertising, open houses or money will sell an overpriced home. Take a Hyundai Elantra and park it next to a Mercedes SL500.  On thesurface they both have a steering wheel, 4 tires a windshield and they are roughly the same size, yet there are two very different price tags.  You will never get a car buyer to pay the $110,000 price tag the Mercedes has … Continue reading...

We Will Buy Your House for Cash, Close in Two Weeks- Too good to be true?

We buy houses for cash

You see the bandit signs on the side of the road or ads on craigslist, "we will buy your house for cash, close in two weeks" or 'we buy ugly houses",  with the promise of a quick, hassle free home sale. There isn't a seller on the face of the earth who wouldn't want someone to pay cash and close in two weeks on their house and avoid taking the time to properly list and prepare their home for sale.  Wouldn't you?  Lets face it selling your home can be work and be quite … Continue reading...

Sell My Home As-is. The Home Buyer’s Perception

Sell my house as is

I often run into home sellers who state up front they want to sell my house as-is.  There is a time and place to sell your home as-is, but for most home sellers I don't believe that is their actual intention.  Keep in mind there is a legal definition to as-is and a buyer’s perception of as-is and you don't want to market your home as-is unless you need to. I like this concise definition of As-Is, excerpted from The Enforcibility of an As-Is Clause from Robert E Williams. Cited by … Continue reading...