Wednesday, May 26, 2021 / by Flr Team
It’s a great time to be a home seller. Homes are selling fast and for a premium but that doesn’t mean you can just jump into the market without being prepared. Knowing what to expect can position you to make the most out of this seller’s market.
This current market is playing a role in how many people are deciding to list their home. In fact, 45% of those planning to sell in the next 18 months say recent changes to the housing market have spurred them to sell earlier than planned. If you are one of the homeowners getting ready to be on the side of this strong seller’s market, here is what you need to know.
You Might Be Able to Skip Pre Sale Home Improvements
More than 4 in 5 homeowners who want to sell in the next 18 months say they plan to spend money on major repairs or renovations to make their home more appealing to potential buyers prior to selling. Home buyers are stalking real estate listings and jumping on those that even get close to ch; ...
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Monday, May 10, 2021 / by Flr Team
Are you one of the many people eager to list your house for sale to purchase your next dream home? If you are nodding yes, then read on to find out why right now is the best time to secure a low mortgage rate that will be great for you.
Mortgage rates this year have started to slowly climb above the recent record-breaking lows. Most homeowners who are planning to move, may have felt like they missed the chance to score a great rate on their next mortgage but honestly, there is still time to secure a good rate below the historic norm.
Here’s why:
With rates taking a slight dip over the past two weeks and inventory of homes for sale remaining low, homeowners today are sitting in the optimal seat to sell. What’s the advantage of selling your home now? Securing a low mortgage rate on your next home. While also having a huge market full of home buyers. A lot of buyers are trying to secure the lowest rate possible, but it's important to remember that today&2 ...
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Monday, May 3, 2021 / by Flr Team
With the housing inventory incredibly low, homeowners are in a great position to sell today because it gives them leverage to sell for the best possible terms, and it fuels a steady rise in home prices.
According to the National Association of Realtors (NAR) , homes are typically on the market for just 18 short days. Despite the fact that the market has it’s advantages to sellers, there are still steps you can take to prepare your house to shine so you get the greatest possible return.
Keep it Clean
In addition to decluttering, it is important that you keep your house neat and tidy. Prior to a buyer coming to view your home, be sure to pick up toys, make the bed, and wash the dishes. Also, ensure your home smells fresh and clean. Buyers will remember the smell of your house and according to a NAR report, the kitchen is one of the most important rooms of the house to focus on to attract more buyers.
Make Buyers Feel at Home
A way to make buyers feel at ...
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Wednesday, April 21, 2021 / by Flr Team
While pondering whether to rent or own a home, we have some insight that may help you decide on what the best route is for you.
One of the biggest benefits to home ownership is the equity you build with each mortgage payment instead of putting money into your landlord’s pocket. But it also doesn’t mean that buying is the best choice for you. As a renter, you enjoy more flexibility and avoid costs that come with ownership.
Some questions to ask yourself is:
Will you qualify for a mortgage?
Unless you have enough money in the bank to buy a house with cash, you will need to get a mortgage. First thing you will want to do is reach out to a lender to see what you qualify for. This is determined by the debt-to-income ratio. Debt-to-income ratio is the percentage of a consumer’s monthly gross income that goes toward paying debts.
Can you afford closing costs?
You have to be sure you have enough money to cover the closing costs. With a six-figure pri; ...
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Wednesday, April 14, 2021 / by Flr Team
What is an iBuyer? In a nutshell, it’s a new trendy way to buy or sell homes in the real estate world. If you’re a home seller who wants to sell your home fast with minimal fuss, selling to an iBuyer might be an option for some. However, I am here to tell you it’s not all rainbows and butterflies going that route.
Traditionally when you sell a home, there are necessary steps to take including making repairs, staging your home, holding open houses, soliciting offers, negotiating with home buyers, and signing the purchase agreement. You may also have to overcome any roadblocks that may come into play along the way. AReal Estate Agent will take care of all of this and will navigate the entire process for you.
When you go through the process of selling Real Estate through an iBuyer, it can be more of a streamlined transaction- plug in the address and fill out a questionnaire about your home. Within 24 hours, you will receive a cash offer. The ‘; ...
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