Our Real Estate Blog
If you're an allergy sufferer, you probably have a love-hate relationship with carpeting. On one hand, you may love the way soft carpeting feels on your bare feet when you step out of bed first thing in the morning. On the other hand, you probably hate the allergy symptoms it triggers and the cleaning problems it creates.
There's no denying that wall-to-wall carpeting can be a nuisance to clean and maintain. Once you've spilled something on carpeting, it's often tough to get that stain out. For households with children, pets, or "spill-prone" adults, the problem of dealing with carpet stains is unrelenting!
Issues For House SellersThe fact that many people have both a physical and mental aversion to carpeting is an important thing to keep in mind if you're considering putting your house on the market. Although it can be relatively simple and inexpensive for new homeowners to remove carpeting, some prospective buyers can't look past it. It can be a "deal breaker." When staging a house for sale, it might be worthwhile to remove old carpet or -- at the very least -- point out to prospects that there are hardwood floors or other desirable flooring material underneath the carpet. Loosening up a corner of the carpeting so that it can be easily pulled away to show the underlying flooring material can help deflect objections about the carpeting being there.
Partial Solutions For Dirty Carpets
Newer carpets that haven't been subjected to the wear and tear of daily use can temporarily look good and complement the décor of a room. However, it doesn't take long for carpet fibers to collect and harbor a host of undesirable household allergens -- ranging from dust mites and mold spores to pet dander and bacteria.
Regular vacuuming and steam-cleaning can help reduce the problem, but it's more of a "Band-Aid" approach than a long-term solution. If you don't have the right kind of vacuum cleaner, it could even make the problem worse. Unless your vacuum cleaner has a HEPA (high-efficiency particular air) filter, it may actually redistribute dust mite proteins back into the room, according to the National Institute of Allergy and Infectious Diseases. Carpet manufacturers often recommend that carpets be professionally cleaned at least once a year, but the benefits of that can wear off quickly.
There are a variety of products on the market for cleaning carpet stains, but they sometimes tend to do too good of a job. Not only do they get rid of the stain, but they also can cause the color of your carpet to fade in the treated area! Some carpet spot cleaners also contain toxic chemicals, so you have to be careful when using them.
One way to slow down the problem of dirty carpets in your home is to ask family members and visitors to take their shoes off when entering the house. Although you probably are not going to get 100% compliance -- especially with kids -- it will be step in the right direction!
As a home seller, you likely will search for fast, simple home improvement projects to enhance your house's appearance. However, in many instances, performing home repairs could prove to be costly and time-consuming. And in some cases, completing home renovation tasks may be more trouble than it's worth, especially for those who lack the necessary home repair skills and expertise.
Fortunately, your home's basement represents a valuable home renovation opportunity, one that should not be taken lightly. With hard work and dedication, you can revamp your basement's appearance and make it a valuable asset that could help your residence stand out in the eyes of homebuyers.
What does it take to renovate a basement? Here are three tips to help you simplify the process of transforming your basement into a sleek, stylish and comfortable living space.
1. Choose Practical Flooring.
Basement floors may wear down over the years, and how these floors look could impact your ability to sell your residence. Lucky for you, there are many practical flooring options available that ensure you can revamp your basement floors without breaking your budget.
Carpet, laminate and vinyl floors often look and perform great in basements. These floor types will maintain their quality for an extended period of time and are sure to make a great first impression on homebuyers when they visit your residence.
Also, wood floors frequently serve as sub-par choices in basements. These floors may shrink or expand over time, creating gaps or warping. Thus, you may want to avoid wood floors in your basement.
2. Illuminate Your Living Space.
Many terrific lighting options are available to brighten up a basement. Plus, these lighting choices usually are easy to install and can help you transform an ordinary basement into an unparalleled living space in no time at all.
Recessed lighting represents a top choice in basements and makes it easy to illuminate big and small spaces. Or, you may want to consider track or pendant lighting to eliminate shadows on basement surfaces.
Of course, don't forget about table and desk lamps as well. These lamps will brighten up your basement and allow you to show off your distinct sense of style at the same time.
3. Get Organized.
There is no reason for your basement to be filled with clutter. Therefore, you may want to pick up a bookcase, shelving unit or other storage options that enable you to organize your basement belongings quickly and effortlessly.
Getting organized will enable you to show homebuyers just how much space is available in your basement. Furthermore, de-cluttering now may help you save time after your home sells, and you won't have to worry about scrambling to get rid of junk at the last minute when you move out.
Working with a real estate agent may help you determine the best ways to enhance your basement too. This professional will work with you to prioritize home improvement projects and ensure you can maximize the time and resources at your disposal. As a result, a real estate agent may be able to help you revamp your basement and boost your chances of selling your home quickly.
Buying a home should be a problem-free experience. Yet issues may arise that make it tough to acquire the perfect house at an affordable price.
Common problems that come up during the homebuying journey include:
1. Lack of Home Financing
Before you search for a home, it generally is a good idea to get pre-approved for a mortgage. That way, you can kick off a house search with a budget in hand.
To get pre-approved for a mortgage, you should meet with banks and credit unions. These financial institutions can teach you about a variety of mortgage options and help you get approved for home financing in no time at all.
Of course, if you have questions as you pursue a mortgage, don't hesitate to ask a lender for assistance. Lenders employ courteous, knowledgeable mortgage specialists who are happy to respond to your queries without delay.
2. Temptation to Submit a Lowball Offer to Purchase
Once you find your ideal residence, you may be tempted to submit an offer to purchase at or below a house seller's initial asking price. But doing so may be problematic, particularly for a homebuyer who wants to acquire his or her dream residence as quickly as possible.
If you submit a lowball offer to purchase a house, a seller likely will reject the proposal. Worst of all, a rival homebuyer may swoop in with a competitive offer to purchase this residence – something that may cause you to miss out on the opportunity to buy your ideal home.
Ultimately, it is beneficial to submit a competitive homebuying proposal. If you allocate time and resources to learn about a home's condition and how a residence stacks up against comparable houses in the same city or town, you can craft a competitive offer to purchase. And as a result, a competitive offer to purchase may receive an instant "Yes" from a home seller, leading to a fast, successful homebuying experience.
3. Failure to Identify Problems During a Home Inspection
A home inspection is paramount because it gives you the opportunity to walk through a residence with a property expert and learn about any underlying house issues. Then, if you discover major problems with a house, you can ask a seller to complete property repairs, reduce your initial offer to purchase or walk away from a residence altogether.
Hire a home inspector who possesses comprehensive expertise – you'll be glad you did. With the right house inspector at your side, you can get the help you need to identify problems during a property inspection.
Lastly, as you get ready to search for a house, you may want to hire a real estate agent as well. This housing market professional can provide extensive guidance throughout the property buying journey and ensure you can mitigate homebuying problems before they escalate.
Reach out to a real estate agent today, and you can receive plenty of support as you navigate the homebuying journey.
Believe it or not, the costs associated with selling a house can add up quickly. If a home seller fails to budget accordingly, he or she risks costly, time-intensive home repairs following a property inspection. Perhaps worst of all, this scenario may force a home seller to miss out on an opportunity to get the best price for his or her residence.
With a home selling budget in place, you can increase the likelihood of a profitable home selling experience. If you know what it takes to set up a home selling budget, you may be better equipped than ever before to streamline the home selling process.
Now, let's take a look at three tips to help you establish a home selling budget.
1. Assess the Condition of Your House
Before you list your house, it helps to perform a comprehensive home assessment. That way, you can identify potential upgrades both inside and outside your house and evaluate the costs associated with these home improvements.
Typically, a home inspection enables you to learn about your house's strengths and weaknesses. This inspection requires a property expert to assess your house and may take several hours to complete. Then, once the inspection is finished, you'll receive an inspection report that you can use to determine which home improvement projects that you may need to complete sooner rather than later.
2. Establish Home Improvement Priorities
Although you might want to give your residence a complete overhaul, there may be only limited time and resources at your disposal. Thus, you'll want to establish home improvement priorities to ensure you can maximize your time and resources.
Think about which home improvement projects are necessary. These projects should rank at the top of your list of home improvement priorities, as failure to complete them may prevent you from optimizing the value of your house.
As you establish home improvement priorities, don't forget to assess the costs associated with various home upgrades. This will help you achieve the best-possible home improvement results without spending beyond your means.
3. Consult with a Real Estate Agent
A real estate agent understands exactly what it takes to sell a home, regardless of the current housing market's conditions. In fact, this housing market professional can make it easy to map out a successful home selling budget and ensure you can quickly and effortlessly navigate the home selling process.
With a real estate agent at your side, you'll receive expert support throughout the home selling journey. A real estate agent will learn about your home and help you identify ways to enhance your residence. Plus, a real estate agent will offer recommendations to ensure you can upgrade your house on a budget.
If you're getting ready to sell your house, it helps to collaborate with a real estate agent. Reach out to local real estate agents in your area, and you can get the support that you need to establish a home selling budget.
There are a lot of ways a real estate agent can help you find the best home for your needs. However, the final decision always rests squarely on your shoulders.
The challenge for many home buyers -- especially first-timers -- is to keep everything in perspective and avoid sacrificing features that are especially important to you.
Developing a carefully thought-out priority list, consisting of both necessities and "wish list" items, is an essential starting point for getting what you want in a new home. Even though house hunting can potentially wear you down, it's important to hang in there and stay true to your priorities.
While everyone has different expectations, lifestyle needs, and personal requirements, some things are bound to create issues down the road.
- Being too close to neighbors: Depending on your need for privacy, this may or may not be a problem for you. However, if you don't want your life to feel like a reality show (with your neighbors being the audience), then it would probably pay to maintain a comfortable distance between houses. Unfortunately, that's not always possible. For example, if you're in the market for a home in an urban environment or a townhouse setting, then close proximity "comes with the territory". If living in suburbia is your objective, though, it's often feasible and desirable to keep some breathing room between neighbors.
- Basement laundry: Having to go up and down an extra flight of stairs every time you do your laundry is not the worst thing in the world, but it can make laundry day more of a hassle. The inconvenience of a basement laundry is multiplied if you have to do several loads of laundry every week. To make that chore even more unpleasant, unfinished basements are often dank, musty smelling, and not much to look at! Regardless of the condition of the basement, though, having a first-floor laundry does make life a lot easier!
- A tiny yard: A spacious yard is not a feature all house hunters require, but if you have dogs, kids, and the occasional backyard barbecue, then you'd probably find a good-sized yard to be more satisfying. On the other hand, if your short-term plan includes moving in a few years, then yard size might not be a major issue.
- Being too far from conveniences: Do you have your heart set on a rural setting for your next home? If so, you may have to sacrifice being close to shopping, entertainment, friends, and work. It is a potential trade-off that you and your family will need to consider carefully. Reaching a consensus on what you must have versus what you'd like to have in a home will hopefully help ensure a decision you'll all be satisfied with.