Martha Erickson's Blog
If you’re searching for a home and are looking for a deal, you may turn to homes that are listed as “For Sale By Owner.” These homes tend to be a great deal for the sellers, but not necessarily the buyer. This makes it all the more important that you hire a buyer’s agent for yourself. Your agent can check a bit of the work that the owner is doing without hiring a real estate agent for himself. When buying a for sale by owner property you’ll want to do all of the same things that you would do if you were buying a property that was for sale through a realtor including:
- Check the asking price through comps
- Get a property inspection
- Make an offer and complete contract negotiations
- Check how long the home has been on the market
Just because a home is for sale by an owner, there’s no need to give up on the normal procedures that one goes through in buying a home. You have the right to have a buyer’s agent represent you in the transaction. Beware though as some for sale by owners are not willing to pay commission to any agents including buyers‘ agents. Be sure that the contracts are clear in this area so that you don’t fall in love with a home only to find out that you can’t use your agent in the transaction.
Other Points To Consider In A For Sale By Owner Transaction
You may need to hire an attorney, especially for an estate sale or short sale.
You still need a home inspection and have the right to back out of the sale if something isn’t satisfactory about the home. The home inspection is important because it can reveal serious problems with a home such as high levels of radon, issues with the furnace, or a possible plumbing disaster waiting to happen.
You may want a C.L.U.E. Report
This type of report tells you what kind, if any, insurance claims have been made on the property in the past 5 years. The report will detail the date of the claim, the cause (if a natural disaster) and the amount that was paid to fix the damage.
You should still get pre-approved
Getting pre-approved before buying a home is just something that should be automatic for buyers. It really lets the seller know that you’re serious about purchasing a property.
Buying a for sale by owner home is the same as purchasing any other property. You’ll just need to be an informed buyer through the process in order to make sure you’re doing what’s right for you.
Trying to choose colors for the inside and outside of your home can be awfully tricky. Finding which shades mix in order to decorate your rooms can seem dizzying. With a little confidence and some knowledge, you’ll be able to find colors that you’ll love for a long time to come. Here’s some tips to help you find the right mix for your home’s color scheme.
Look For Inspiration
Whether you’re in your friend’s living room and see a color combo that you really love, or are looking in a magazine and see something unique, make note of it for your own uses.
Find Colors That You Can Live With
While bright green and orange may look cool together, can you really live with these hues in a room? Discover what colors make you feel a certain way. If the room is meant to make you feel calm and collected, you’ll want to find colors that are soothing to you and your soul. If the room is meant to be more energizing, you’ll want to pick a more vibrant, energetic color. Keep in mind that the color in a room affects the mood of the room.
Get Plenty Of Samples
From sample color swatches to small cans of paint samples, there’s plenty of resources at your local hardware store to get you started on finding the perfect colors for a room. Be sure to hold the swatches up in different lighting and see how they look in the space by going around the room from wall to wall. This will help you to see how the color will look once it’s actually painted on the walls in different lighting.
The next question that you’ll have once you get your paint up is what kind of colors will go well in this room. It’s good to have a few ideas in mind. If you already own a sofa, for example, start by working with that color. If the sofa is brown, for example, you may not want brown walls as well. Work with what you have first. If you’re buying new furniture and accessories, you may want to work with what you’re hoping to put in the room. The task of choosing colors for the interior of your home involves thinking about both design and function.
Nature Has Some Answers For You
If you really love the beach, think of the colors that are present there. There’s tan colored sand along with blue skies, blue water, and touches of green from seagrass, trees, and other plants. Nature’s color palette is quite extensive and the good news is that all of the landscapes match! It you look around in nature, you can get a great idea for the beginnings of a fantastic color scheme for any room in your home.
When you’re looking to sell your home for a great price, there are a few things that you can do to give the sale an edge. All of the ideas you’ll find below are inexpensive yet effective for sprucing your home up fast.
Hide And Brighten What You Can
Do you have an old, lumpy sofa, an old, unsightly lamp, or a scratch on the wall? You can easily cover these things up without making any major changes. Use a slip cover, some touch-up paint, or even new bedding to help brighten any room or furnishing. You could even consider adding new window treatments or additional lighting to assist in giving your home a refreshed look. As a rule of thumb: If it looks old and you can’t remember when you last replaced the item, you should probably replace it.
Use Paint Strategically
With the right paint, you can accentuate or downplay the features of a room including fireplaces and windows. Portions of the room that would otherwise be lost can be highlighted with the right use of color.
Make The Room Seem Larger
Do you have low ceilings or small rooms? You can make the room seem larger just by making use of vertical lines or using the higher spaces in the rooms of your home. Easily mount shelves on your walls in order to store things to give the room the illusion of having more space.
Your home can look like a new place when you take the time to deep clean the area. Don’t miss out on any part of any room. Use a little elbow grease and pay attention to neglected areas like the pantry, laundry room, and refrigerator. Get rid of any odors in the home. Potential buyers will definitely notice if things don’t smell right upon entering the house. You can use natural cleaners made of baking soda, vinegar, and lemon juice in order to freshen up everything from rugs to toilets. This stage of the makeover process may take you some time, but it’s definitely worth it.
Don’t Forget The Little Touches
Adding in little things before an open house can also make a big difference. Put some fresh flowers on the table. Light some candles. Fluff the pillows. Take the time to remove unnecessary items from the counters and tables as well. The less cluttered the home looks, the better. Buyers like open spaces, but they also like to be able to see themselves in the space and you can help them to do just that.
Let's face it – selecting a real estate agent can be difficult, particularly for home sellers who are afraid to say "No."
As a home seller, it is your responsibility to find a real estate agent who can help you maximize the value of your residence. At the same time, it is important to hire a real estate agent who will respond to your home selling concerns and questions and do whatever it takes to streamline the process of selling your house.
Ultimately, there are three key traits to consider when you search for a real estate agent:
Your real estate agent should understand that no two homes are identical. Thus, this professional will be unafraid to think outside the box and consider a wide range of solutions to any problem.
Typically, a creative real estate agent will approach problems with an open mind. By doing so, this professional can consider every opportunity and offer a variety of recommendations to ensure you can find the right solution to any problem, at any time.
Ask a real estate agent how he or she has approached unforeseen challenges in the past. This will give you a glimpse into whether a real estate agent embraces challenges or shies away from them. Plus, you may be able to find out if a real estate agent will think creatively to resolve problems throughout the home selling process.
Ideally, you'll want to find a real estate agent who possesses the skills and know-how to sell your home in a buyer's or seller's market. If this professional boasts many years of experience, and as such, he or she likely has helped numerous home sellers get the best offers for their residences consistently.
Be sure to get references from a real estate agent. This will allow you to contact past clients and learn how a real estate agent helped them sell their residences.
Although many real estate agents may claim to be honest and forthright with clients, it is paramount to employ a real estate agent who will help you set realistic expectations for the home selling process.
For example, your real estate agent should be able to offer advice and suggestions to enhance your house's interior and exterior. And if your real estate agent notices a glaring problem with your residence that may damage its value, he or she should be ready to notify you about this issue right away.
Furthermore, your real estate agent should be able to keep you updated throughout each stage of the home selling process. He or she also will be prepared to share homebuyers' feedback about your home, regardless of whether this feedback is positive or negative.
With an honest real estate agent at your side, you'll be able to get the support you need to simplify the home selling cycle. As such, you should have no trouble navigating each stage of the home selling process.