Selling Your Home Quickly

by c21commonweath_ldowling 27. February 2019 11:01

Time is money, and the longer your home sits on the market, the more money you'll waste. Instead of squandering away these valuable resources, learn to sell your home quickly. With a fast sale and more money in your pocket, you can invest more energy in designing and decorating your new place.

Use Virtual Staging

Hiring a professional stager decreases the amount of time it takes to sell a home. By strategically decorating the place, you’ll sell your home 88% faster than one without any furniture or cozy décor—but staging is expensive. Expect to shovel out between $300 to $600 for a consultation and an additional $500 for each room per month. To make matters more expensive, most professional stagers require three-month contracts, and you may be spending money on staging long after your house has been sold. The solution? Consider visual staging.

Visual staging uses digital images to ‘stage’ your online listings with photo-editing software. Barren rooms appear tastefully furnished with fitted couches, beds, and tables. You don’t have to use any actual furniture to make your house appear eloquent and cozy, and the service only costs around $100 per month.

Pay Attention to the Front Yard

Creating curb appeal matters, as your front lawn, driveway, and entryway are the first things prospective buyers see before entering the home. Improving the look and functionality of the front of your home can even increase its value by up to 17%. To cost-effectively invest in the front of your home, consider the following home-improvement projects.

Buy standard lawn care at your local nursery or hardware store. Fertilizer and weed control are affordable options compared to professional landscapers and make your front lawn look tidy. Of course, you can also perform a bit of lawn maintenance yourself by rolling up your sleeves and doing the gardening yourself. Get out there and enjoy the sunshine. It will pay off when prospective buyers are in awe of the beautiful landscaping you did yourself. 

Use Social Media

Don’t waste time and money by sending your listings out by mail. Instead, use social media to advertise your home across a variety of platforms for free. Post your ad to Facebook, Twitter, and Instagram, including plenty of beautiful pictures and videos of your home’s best features. Online communities won’t be able to resist scrolling through professional pictures of your prized piece of real estate.

Another way to generate buzz before the house goes on the market is by posting about the sale beforehand. Spend time, too, knocking on neighbors' doors and sending out mass emails to your network of family, friends, and acquaintances.

Aim for Energy-Efficiency

A lot of money is wasted on air leaks and drafts, which is reflected in expensive energy bills. Homebuyers don’t want to invest more than is necessary when they could be saving money with energy-efficient upgrades. Make your home more energy efficient by insulating the attic, installing a thermostat, and using Energy Star appliances.

Get Ready for a Fast Sale

With these strategies in place, you'll sell your home quickly and without much hassle. Making the right upgrades matters, so invest wisely. You’ll walk away with more money in your pocket and with ample time to settle into your new place.

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Buying a Pet-Friendly Home

by c21commonweath_ldowling 25. February 2019 17:18

Who Let the Dogs Out?

Millennials. They love their dogs—a lot. According to a survey by SunTrust, 33% of millennial-aged individuals in the U.S. report wanting a home equipped with pet-friendly features. If you’re a dog or cat lover, here’s what you need to know about purchasing a pet-friendly home in a different town, city, or state. 

Local Animal Codes Vary

State laws allow local governments to create rules regarding the ownership of animals and pets. Municipal codes can be stricter than state laws, so it’s important to research local ordinances before purchasing a home in a neighborhood that doesn’t’ allow your breed of dog or number of cats. Get an introduction to animal ordinances here to understand how they work, ensuring your pet legally moves into your new home with you.

After researching local animal codes, get the scoop on pet rules in your complex. Homeowners associations sometimes have strict policies about the kind of pets allowed in apartments or condos. If pets aren’t outright banned from the complex, certain breed and weight restrictions may apply. Rules can also force your dog to be on a leash while in common spaces or prohibit breeding. Do your research ahead of time to avoid getting you and your pet in trouble!

Pet-Friendly Neighborhoods 

Investigate your neighborhood of choice to see just how pet-friendly it is or isn’t. If you can, take a drive around the block to see if other homeowners are walking their dogs or if cats are lazily sprawled out in driveways. The community’s attitude towards pets becomes clear after touring its streets and parks. Lastly, make sure plenty of space is available in the neighborhood for long walks and games of catch to keep your pet happy for years to come.

Avoid Pet Hazards

Consider potential pet hazards while on the hunt for the perfect house. If a home is built on a busy street, find ways to keep your dog or cat away from harm’s way. This may require building a fence. The same goes for pools, ponds, broken window screens, and poisonous plants and paints. Pets are curious, so you’ll need to pet-proof the place with the appropriate fencing and repairs before letting your dog or cat roam free.

Pet-Friendly Features

There are many pet-friendly features inside the home that make everyday pet care easy. Hardwood floors and tile are two such features. They’re easy to clean and don’t require busting out the carpet cleaner to get rid of stains and dirt, and if you have a cat, you won’t have to worry about the carpet being shredded to pieces. Large tubs are also helpful for bathing your pet and contain water when your dog or cat gets a little rambunctious. Stairs with carpet are also handy for helping your furry friend walk upstairs. Lastly, consider if vets and pet supply stores are nearby for added security and convenience.

The Ultimate Pet Home

Now that you know what pet-friendly, and not-so-friendly, features to look for, you’re well on your way to creating a safe and fun home for your furry friend. Do your research, consider hazardous obstacles, and look for fun amenities to create the ultimate home for you and your pets.

 

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Traits of Successful Home Sellers

by c21commonweath_ldowling 20. February 2019 10:51

While there’s no secret to success when it comes to selling your home, there are some qualities that make an expert home seller. How your house looks is a crucial part of having your home sell quickly. This is why the best sellers all have something in common, a habit of making their house look amazing. Find out which traits you can adopt to maintain a beautiful house before and during the selling process.

Clean Up Frequently

The best sellers all know the importance of a tidy and neat house. This is why successful home sellers make a habit of cleaning up frequently to avoid a huge project later on. During the selling process, it’s important to have your home ready for a showing at any time. Make sure you’re prepared for this by cleaning up daily. Create a checklist of what you should tidy up quickly before leaving the house for the day, so your home is looking picture perfect when that last-minute showing is scheduled. Similarly, it can be helpful to do a deep clean of your home once a week while it’s on the market to keep the daily maintenance tasks to a minimum. Be proud to show your home at any time by spending a few minutes a day cleaning up.

Respond to Potential Buyers

If you want someone to buy your house, it’s important to be responding to offers quickly. To be a great home seller, make responsiveness a new trait of yours by responding to potential buyers daily. Be prepared beforehand by discussing what offers you will and won’t accept. This will make it easier to respond to offers with a clear idea of a limit you are not willing to negotiate. It’s imperative that your potential buyers feel important and it's likely the will begin to doubt or feel unsure with each minute that passes. Have a strategic plan ahead of time so you know how to respond to each eager offer that you receive.

Market Your Move

The more people that know your house is for sale, the more people that are likely to buy it or assist in getting it sold. Great home sellers are usually great marketers, creating a buzz about their house and getting the word out that it’s for sale. Make it your mission to spread the word that your house is on the market. Create intrigue that makes people want to live there. When communicating it’s for sale, talk about some of the great benefits of your home such as location, neighbors, school district, and other deciding factors that could sway potential buyers’ minds. You are free to sell your home in whatever way possible, but we recommend word-of-mouth and social media as an essential step in selling quickly.

Repair and Revamp

A smart first step when your house goes on the market is to get a presale home inspection. This will allow you to take care of any drastic repairs before it’s too late and will keep the negotiation power in your hands later on. Fixing the little things along the way should become a habit of yours. Establish a routine of maintaining the upkeep of both the interior and exterior of your home. Freshen up chipped paint, replace outdoor light bulbs, and sweep the front porch to create beautiful curb appeal. Doing little thing each day will help you be prepared to sell the moment your buyer walks in the door.

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Selling Myths to Avoid

by c21commonweath_ldowling 18. February 2019 12:42

There are many different aspects that come with selling your house, especially if it’s your first time participating in the selling process. If selling your house is an intimidating task, you’re likely to turn to someone who’s been through the process before to ask for advice. However, the housing market changes all the time, meaning what worked for them might not necessarily work for you. We’ve compiled our list of outdated selling myths you may be better off avoiding during the selling process.

Price Your Home High

A common piece of advice given during the selling process is to price your home over the market value. While this isn’t always a bad tip, today’s housing market is different than it once was. In the past, the market was a prime seller’s market, meaning that competition for housing outweighed the price and almost guaranteed a sale above market value. However, today sellers might not be as lucky. Now, there is a trend of houses being on the market longer, for less money, and with less intrigue of new listings. In this type of market, it’s important to be realistic in your listing price and to adjust the price of your home accordingly for it to sell quickly.

Sell as Is

A few years ago, selling your house as is was a common piece of advice. The motivation behind this selling myth is that you shouldn’t invest too much time and money remodeling because the buyers will want to customize the home themselves. Well, as the market changes, the buyers do too, and this motto probably won’t get you very far today. A new generation of buyers is looking for homes that are ready to be lived in from the first day, requiring little renovation or repairs. The shift towards buying houses that are move-in ready is growing and you should take this into account when deciding to make renovations during the selling process.

You Don’t Need Professional Photos of Your Home

If you haven’t sold a home before, you probably don’t realize the effect professional pictures have on your homes ability to sell quickly. Especially in today's digital world, pictures of your house online can be the difference between your house selling and not. How your house is photographed and viewed online has a direct impact on the number of buyers who will be interested in it. Think of photographs as the first impression you give to potential buyers. This is why we recommend hiring a professional to take pictures of your house for the online listing to show your home in the best light possible. Put your best foot forward with beautiful pictures of your house online to spark interest and prove its potential.

Selling your home is an exciting time. Keep these outdated words of wisdom in mind and be sure to evaluate the market and the buyers when making your selling decisions. Keep your eye on changing market trends, make the repairs necessary, and take professional pictures of your home to be on the way to selling quickly.

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The Benefits of Curb Appeal

by c21commonweath_ldowling 13. February 2019 11:49

Maintaining a beautiful front exterior matters when selling your home. The front of your home, the front yard, and your driveway are the first things buyers see before entering your house. This is when first impressions are made – we’re here to make sure they’re good ones!

To ensure prospective buyers know you love and respect your home, follow these feng shui principles for a fast sale.

Focus on the Entryway

The front door, according to feng shui experts, is where all energy from the outside world enters your home. Your entryway should be welcoming so energy and opportunity can swiftly pass through, reaching all who reside within. If your front door is difficult to see from the curb, find ways to make it visible again: trim overbearing foliage, paint the door red, or create a walkway that flows straight to your entrance. These design tips will allow passersby to find your front door with ease – and delight!

Take Good Care of Plants, Flowers, and Lawns

A lush, vibrant garden is an expression of positive energy. We recommend planting plenty of pretty flowers, shrubs, and trees in the front yard for all to see. If plants aren’t in season, grow bushes and grasses instead and place colorful pots near the front of the home.

Other handy landscaping tips include investing in low-maintenance, drought-tolerant plants, purchasing plants in bulk, and hiring a landscaper for free through a local garden center.

Lastly, lawn care is key. Keeping up your lawn and ensuring it stays freshly cut communicates to buyers that you care about your home. According to feng shui principles, if your lawn becomes unkempt, your home may cultivate bad energy. Get out your weeders and lawnmower to create a pristine lawn for potential buyers.

Upkeep Your Home’s Exterior Features

The same principles apply to your home’s exterior features, and everything should be in tip-top shape to maintain cleanliness, order, and good energy. You can start by ensuring exterior paint isn’t crumbling or eroding off the face of the house. Next, move on to hardware. Are your doorknobs and hinges rusty or wobbly? If so, repair or replace them to keep your house looking sharp.

Let’s not forget about windows, either, which let energy from the outside world filter into your home. Try to get a good window cleaning in before welcoming prospective buyers to see the place. They’ll be happy to stand before clear, clean windows and gaze at the beautiful front yard.

Declutter Your Garage

It’s easy to leave things piled up in the garage, especially when you can simply switch off the light, go back inside, and pretend like there isn’t a mountain of boxes and miscellaneous items stacked up in the dark. Just know that buyers won’t like the look of a busy garage, which may make or break their purchasing decision.

Do the Work that Pays Off

Buyers will notice if you’ve let your home deteriorate over time, and they could easily move on if they sense you’ve neglected the place. Put in the work beforehand to show others you’re serious about your home and respect all that it’s given you over the years. You’ll be satisfied knowing prospective buyers are interested and that you’ve given your home what it deserves: a bit of tender loving care.

 

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Signs You Should Buy in a Different Neighborhood

by c21commonweath_ldowling 11. February 2019 13:23

Buyers want the best deals on homes that are in great shape and have value, but they should also consider the state of the neighborhood in which they’re buying. After all, a community affects the value of a home, so think twice before purchasing a dream house in a not-so-hot neighborhood. Here are some sure signs you should shop for a home in a different part of town.

A Lot of Homes on the Market
If a lot of homes are for sale on the same street, be wary. Older residents could be downsizing, the area may be undergoing gentrification, or crime rates could be increasing. Trust us on this one – you’ll want to know why so many homes are for sale at once before buying into the neighborhood.

All Homes Look the Same
If all homes in the neighborhood look identical, yours will probably follow suit. Homeowners associations sometimes have strict rules about landscaping, painting, and decorating, so take a close look at the homes in the neighborhood to see if strict rules may apply to you.

Homes Are in Decay
Be careful about buying a nice home in a run-down neighborhood. While it may seem beneficial to own the best-looking property on the block, neighbors who don’t maintain their homes bring down the whole neighborhood’s value – your home included. Be sure to consider the amount of effort your neighbors put into the community’s appearance and well-being. If the folks next door don’t care about their home’s appearance, the value of your own home will likely depreciate.

Also, take note that housing issues in the neighborhood may be signs of other troubles. Problems with electricity or water pipes can manifest themselves in many homes on the same block. Flickering lights and pools of water may indicate larger problems are at play, and your home may already have visible or unseen damages.

Industry and School Issues
Living near industrial areas and schools with low enrollment pose problems too. Gas stations and industrial plants can be a cause for health problems, and car dealerships and auto body shops attract plenty of traffic. Schools with decreased enrollment rates may have poor management, causing students to relocate to other districts. These may be important things to consider while raising a family.

No Room for Your Car
If vehicles are your main mode of transportation, make sure there’s plenty of parking space available for all drivers in the household. Don’t forget visitors, either--a one-car garage may suffice for you but fail to accommodate your friends and family. We recommend visiting an open house on the weekend to investigate your home’s parking situation. No one wants to compete for a spot.

Choose Wisely
We all want to find the house of our dreams, but we want to live in neighborhoods that support our families, friends, and our own well-being too. Next time you’re on the prowl for the perfect house, take a good look at the neighborhood and surrounding communities to ensure you’re making a wise investment.

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Transform Your Home Office into an Inspiring Space

by c21commonweath_ldowling 6. February 2019 10:49

Your home office should be a space where productivity and creativity flow freely. Whether you have just a corner desk in a closet-sized space or you have a luxurious spacious workspace, your home office can be functional and fashionable no matter your square footage. Luckily, with just some simple office furniture and a can-do attitude, you are on the way to creating your dream home office. Use these tips and tricks to transform your home office space into a workspace that inspires you to do your best work.

Choose a Cozy Space

If your home office space isn’t already selected, try to find a place in your house that is quiet and well lit. Consider the purpose of your office to find out how much space you will need to accomplish these goals. Plan if you will use the space as just a place to put your laptop or if you need a whole creative corner with lots of cabinet space. Knowing your needs ahead of time will help you budget accordingly. Natural light is great in an office space as it has a way of naturally brightening the room and elevating the mood. If that isn’t an option, don’t worry, get a few decorative lamps to illuminate your office. Choose a space that you feel comfortable and confident in to get work done.

Functional Office Furniture

If you don’t have a desk for your office yet, you don’t have to break the bank finding one. Consider shopping at your local antique market or resale shop before heading to the furniture store. Many old tables and desks can be repurposed and add character to your space with their unique style. Find something that speaks to you and that functions in the space you have for it. Get yourself an office chair that will be comfortable and practical for the long hours potentially spent there. Buy the basics and find furniture that is functional while still incorporating your own style.

Organization and Order

Buying organizational supplies and accent pieces for your office space is an important step. You want this to be a place where you feel organized to get things accomplished, so consider assigning everything a designated spot. Decorate the wall space available with helpful tools such as hanging shelves, storage files, cork squares, or a large calendar. Free up as much space as possible on your actual desk so you have room to do your work. Buy whatever office supplies that makes you feel productive. If colored pens and highlighters spark your inspiration, get some extra colors and get to work. Your office space should be decorated with supplies and tools that help you accomplish your goals.

Consider What Inspires You

One of the most important aspects of designing any space is to include your own taste and sense of style. Decorating with intentional style will help your newly improved office feel authentically and uniquely yours. Take time to think about what inspires you and lights the fire inside of you to pursue your biggest dreams and goals. If pictures of your kids and family ignite your passion, hang portraits and memories along the wall your desk is facing. If daydreaming about vacations or lavish getaways is more of your motivation, find little décor that reminds you of your favorite place or future travel plans. Whatever it might be, add something to your home office that inspires you and gives you the extra encouragement to succeed at anything when in this space.

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The Secret Behind the Tiny House Movement

by c21commonweath_ldowling 4. February 2019 11:48

It’s no secret that Americans like big homes. In fact, houses in America are typically double the standard size home in Britain, Italy, and Japan. Therefore, the rising trend of tiny house living being embraced by many Americans can be shocking to hear and hard to understand. Find out what tiny houses are and the movement behind living in a space less than one-quarter the size of the average new house in America.  

What Is a Tiny House?

The typical American home is around 2,500 square feet, while a tiny home is defined as a home with between 100 and 500 square feet. While the difference in square footage between the two is shocking, an enormous amount of people have embraced the tiny house lifestyle. This growing shift towards minimalist living has inspired a social movement of people looking to downsize in order to live more simply. People are ditching the traditional oversized American homes and deciding to take on the tiny house philosophy in order to gain more freedom, simplicity, and stress-free living.

Building Tiny Homes

There are a variety of different options when it comes to the design and structure of tiny homes. Tiny homes can be both rented or owned, and you can choose to have your little house on wheels or set on a foundation. Majority of tiny houses are independent structures, parked on a plot of land. Building a tiny house can be done by the homeowner themselves or purchased from the growing number of tiny home builders, adapted from trailers, or built from a tiny house building kit. Tiny houses come in a wide range of shapes, sizes, and designs but all have the goal of enabling simple living in a small, efficient space.

Benefits of Tiny Living – More Joy with Less Things

To those who haven’t tried it yet, the idea of living in 500 square feet can seem like a daunting task. However, there are actually many benefits as to why people are ditching their spacious homes for the tiny house movement. People live in tiny homes for many reasons, but the most popular reasons why include financial savings, environmental consciousness, and the desire for more mobility, time, and freedom. The financial freedom tiny houses bring may be their biggest attraction as 70% of Americans are trapped in debt, with most dedicating over half of their income to paying for the roof over their heads. With buying a home usually translating to at least 15 years of working to pay for it or living paycheck to paycheck, tiny homes offer a sound fiscal plan for saving.

Tiny homes allow for a life with no mortgage, easier maintenance, the option to move anywhere, and a simpler life focused on enjoying experiences rather than things. Learning to live with less is part of the process and opens up the opportunity for more adventure with less materialistic things and more meaning to life.

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How to Emotionally Handle a Move

by c21commonweath_ldowling 30. January 2019 12:56

Selling your beloved home can be an emotional process. Sometimes, moves are motivated by big life changes and make saying bye to family memories and neighborhood friends more difficult than you originally anticipated. We’re here to say we fully understand – and we hope to make the process a bit easier by offering advice on what to expect and how to mentally prepare yourself during the selling process.

It’s All About Buyer Behavior

When selling your home, you’re ultimately appealing to the buyer, and it’s important to remember to not take normal parts of the selling process personally. This means accepting realistic offers, preparing properly for a sale, engaging with prospective buyers, and negotiating.

For starters, you’ll want to decide on a realistic price point to avoid prolonging the process. While your home may have more value to you in the form of memories, you still need to decide on a realistic price point based on your home's measurable attributes. Understand, too, that not everyone will appreciate everything about your home that you did in years past. By pricing your home appropriately, you’re more likely to appeal to buyers who agree with the attached price tag.

It’s also a good idea to give yourself extra time to prep and gather your belongings before welcoming prospective buyers into your home for a tour.  This way you can reflect on what feels necessary in the space and remove personal items that may cause unexpected emotional responses.  By making your home feel less personal during the selling process, you allow prospective buyers to envision a life in your home – the ultimate goal of an open house.

Engaging with prospective buyers helps with this process. Instead of being offended when you hear potential buyers discuss plans to change certain parts of your house, appreciate and accept their vision for a new home. While you may be moving under difficult circumstances, the reality is that individuals, couples, families, and groups of friends all have their own unique needs. Accepting this reality may make the process easier for you – and you can be happy knowing new residents will love their new home just as much as you did.

Lastly, expect delays. Deals fall through and people change their minds. This is a normal part of the process, so it’s important to expect the unexpected. It could take weeks or months for a deal to close, so sit tight and take comfort in knowing this is just a part of the process.

Here’s How to Deal

Knowing what to expect while selling a home helps homeowners safeguard themselves from unwanted emotional breakdowns. By harnessing an awareness of your emotions during the process, you can better accept them for what they are – and move on. For advice on how to best mentally prepare yourself while selling your home, continue reading below.

Accept your feelings

Sometimes, the best way to maintain peace of mind is to accept your feelings. Understand difficulties may arise, and this is a normal part of the process. Buyers back out and inspections may go awry, but by processing your feelings, you’ll better equip yourself to approach problems carefully and thoughtfully.

Try to think logically

It’s likely you have an idea of whom you want to move into your home, but don’t allow yourself to get stuck in your own dreamworld. Try to be logical about sealing the deal, making an offer to a buyer who’s willing to pay the most money and not who merely fits an image of your ideal homeowner.

Understand things take time

Practicing patience is key. Sometimes, transactions take two to three times as long as you thought they would due to issues arising from appraisals or mortgage lenders. Be prepared to sit tight as everything works itself out.

Look Towards the Future

Whether or not you’re moving under difficult circumstances, something new is ahead of you – and it will be great with a little work and a positive attitude. Take comfort in knowing that someone else is bound to enjoy your home just as much as you once did, too. By knowing what to expect during the selling process and thoughtfully dealing with your emotional responses, you'll proactively take charge of the situation. You’ll thank yourself when your sale is easy and drama-free.

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Things to Consider Before Selling Your Home

by c21commonweath_ldowling 28. January 2019 14:50

Many factors come into play when making the decision to put your house on the market. Traditionally, homeowners are told the best time to sell is in the spring and summer months before the school year begins – but our friends at Opendoor have something different to say. Selling your home is a highly personal decision requiring homeowners to consider far more than the “seasonality of the housing market”. When placing your house on the market, take into consideration these five important things.

Personal Finances

The state of your finances can make or break a sale and a subsequent move into your dream house. Taking a hard look at your finances, then, is necessary before deciding on a move.

If you’ve lived in your home for several years, you may have equity that can be used for a future down payment on a house, for retirement, or to pay for other costs associated with a move. Having occupied a place for a bit of time (specifically two years) also helps. As Opendoor mentions from their research through MarketWatch, you won’t have to pay capital gains tax on the first $250,000 or $500,000 on the profit of a sale (single and married owners respectively) if you’ve lived in your primary place of residence for two of the past five years.

Of course, possessing the funds for a down payment, mortgage insurance, and closing costs is necessary. Learn about the basic fiscal requirements for closing on a deal here.  

Lastly, you’ll need enough money to cover the cost of home repairs and enough for making the move itself. Depending on the state of your home, home repairs may be necessary. Repairs often include purchasing new furnishings, appliances, as well as installing new floors and painting walls. Intrastate versus interstate-moves also vary in price, and you’ll need to do your research before putting a ‘for sale’ sign in your front yard and calling the movers.

If your numbers don’t add up and you’re not in the right financial position to move, don’t fret – there are some key things you can do to build equity and make your move a reality, including: talking to a lender about modifying a loan, applying for a refinance from another lender, or starting a government refinance program. Renting out the place is another option, and while it may require a bit more work, you’ll get help making mortgage payments from renters while simultaneously building equity.

Big Life Moments

Life is full of surprises, and you don't always have time to prolong the moving process. New jobs, aging parents, medical conditions, and school districts may require that you move quickly. In these circumstances, you may want to forget about making any repairs and leave the house in its current state. Moving suddenly is stressful enough, so consider nixing home improvement projects for a fast, less stressful move.

Life changes also impact your decision to upgrade a home or downsize. If you’re a growing family or staring a home business, investing in a place with more space is necessary for comfortably carrying out everyday activities. Contrarily, if you never use certain rooms or your home requires too much maintenance like heavy yard work, moving into a smaller home may be best – but keep in mind that upgrading and downsizing both come with a price tag.

Other Housing Factors

Depending on the location of your home, seasonal changes in the market will affect housing prices. We suggest taking advantage of peak months to secure a better deal on the sale of your home. Traditionally, home sales begin to rise in spring and peak in winter – but this largely depends on your place of residency. Cities that have a warmer climate year-round like Phoenix generally maintain peak sales throughout the winter months. Trends like these, as well as the inventory of houses for sale in your neighborhood and mortgage interest rates, largely determine the outcome of a sale. Do the appropriate market research before signing any papers to help ensure a profitable outcome.

Everything Considered

Finding a home you love and that suits your unique needs and circumstances may take time. If you have time to spare, do your research to receive the best return on your sale. It will pay off when you find yourself in a new house you adore with a bit of extra money in your pocket. 

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