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Making Home Improvements Can Increase the Value of Your Home

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Is your goal to give your home that much needed facelift? Are you making improvements to increase its value so you can sell it? Either way, making some changes can increase your home’s value. Clean and De-clutter You can help boost the value of your home by decreasing the amount of “stuff” that’s in it. Cleaning and de-cluttering are inexpensive tasks, even if you own a larger home. Even if you hire someone to help you clean and de-clutter your home, the benefits are many. You’ll live in a healthier environment, you’ll probably enjoy your space a lot more, and it will increase the value of the home. You don’t even have to hire someone if you are willing to use a little elbow grease. Go through cabinets and closets and make donation piles. Clean out drawers and storage areas. Don’t keep anything you don’t need or want. If you…

Is Your Home Search Back On?

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If you put off your home search over the last couple years, it may be time to pick it back up. Recent data shows the supply of homes for sale is increasing, giving buyers more to choose from.  Keep in mind though, that while home inventory is better, it remains a seller’s market. Prices are still up, and mortgage rates have changed. Here is some advice if you are again ready to embark on finding your dream home. Mortgage Rates Impact What You Can Buy  Mortgage rates have increased this year and continue to fluctuate. You should stay up to date on what’s happening with mortgage rates and know just how they may impact your purchasing options. For instance, if your budget allows for your monthly mortgage payment to be $2000, then make sure that you know what that means for how much you can spend on a house. Remember, even…

Sell Your Home Faster with These Tips

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Preparing your home for potential buyers is important. Showing your home in its best light will help you sell your property faster. There’s also a very good chance that you’ll be able to sell it for a higher price! Declutter – but keep it homey Get rid of things that clutter your home. Put it in storage, sell it, give it away or put it in the garbage pile. After all, if you haven’t used it in over a year, chances are you never will. Remove big, bulky furniture that makes the room feel smaller than it actually is. Maybe you’ll replace it with smaller pieces, or just eliminate it altogether. Potential buyers should be able to envision what the home would look like if they were living in it. Make it as easy as possible for them to see themselves living there. Give it a coat of…

Is it a Housing Bubble?

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It does looks familiar… So, is it a housing bubble? Home prices are high, housing is in demand. Is the current real estate market too good to be true for sellers? Supply of Housing In 2021, home values appreciated an average of 15% across the United States. Even though this year’s growth is not expected to match that, buyers and sellers still worry that home prices are too high and that depreciation is likely. But, unlike the housing bubble in the mid-2000s, the major factor driving up home values is that we’re also in a large inventory shortage. A balanced real estate market’s inventory is about 6 months. Today’s current market is a little over 1.5 months- that means there is a historically low amount of homes for sale. From 2005 to 2007 housing inventory increased from 5 months to 11 months, an over-supply of homes that did not warrant…

5 Reasons Why You Should Hire a Realtor When You’re Ready To Buy a Home

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Are you thinking about buying a property in Southwest Florida? The market is tight. You’ll need a professional who can help you navigate through everything it takes to get the transaction completed smoothly, fairly, and with less stress. 1) A Realtor Will Give You Excellent Options – House hunting is overwhelming, especially in today’s tight market. A Realtor will get all the info they need from you as to what you want in a home, your desired location, and your budget, and then they will go to work to provide you with the best and closest options to your wants and needs. 2) A Realtor Will Guide You Through the Entire Process- There will always be industry jargon and skills that only your professional Realtor will know. Buying a home has lots of moving parts. There is also a lot of paperwork and scheduling. Your Realtor will examine contracts from the…

Now May Be the Time to Cash Out on Your Equity

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Do you own a home? If so, its value has gotten a big boost over the last year! That means your net worth also got a big boost because your equity (the current value of your home minus what you owe on your loan) has grown. In fact, if you own a home in Florida, the average increase in equity gains year over year is $90,000! Based on this recent home appreciation, your equity is more than meets the eye! Since there are more buyers looking for homes than there are homes for sale, supply and demand dictates how home prices rise. So, your home is worth more now because it is in high demand. And, because the value of your home has risen, the equity you have in it has also gone up considerably. Equity Rising Provides a Unique Opportunity When the equity in your home rises, it not…

How to Be Smart About Real Estate Investing

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If you’ve been thinking about investing in real estate, you’ve chosen a potentially great way to make extra money. Your monthly rental income can produce a healthy cash flow and your property most likely will increase in value over time. But, no investing strategy is as easy as it sounds, and if you’re just starting to invest in real estate there may be a learning curve. Keep these tips in mind: Start Small There’s no need to start out by buying an apartment building You should start small. Look to buy a condo or a single family home or duplex so you can get used to being a landlord. If you love it, you can make more real estate purchases over time. However, if you find that it really doesn’t suit you, it’s much better to find out after a single, smaller investment. Learn About the Different Types of Real…

Landscaping Trends That Can Increase Your Home’s Value

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Making sure that the outside of your home is as lovely as the inside is essential when selling a house. Curb appeal is still necessary to attract potential home buyers and justify your asking price. Updating your landscaping with modern ideas is another way that you can convey that your home is current and updated and help beat out the competition. Consider these landscaping trends to help increase the value of your home and help your home sell quickly. 1- THINK: MULTI-USE You can maximize your outdoor space in ways you couldn’t imagine! You could combine an area that has a vertical garden and outdoor dining. Add a water fountain and comfortable seating. Whatever you can do to make the exterior of your house as inviting as in the interior. 2- GO NATIVE Landscapes across the Nation have been embracing native plants that help the local environment and keep maintenance low….

What NOT Before You Plan to Buy a Home

Buying a home in SW Florida for the first time is one of the biggest decisions you’ll ever make in your life – one of the biggest investments of your life. Many first-time homebuyers are surprised to discover the many roadblocks on the way to homeownership. Not to mention, the way you can mess up your chances of being approved for a home purchase. To avoid messing up the transaction, you have to be extremely careful until the deal is done. Making mistakes is easy when you have never bought a home before. Many of these items are mortgage mistakes and easy to avoid. Use the following tips to protect your home purchase. These eight tips will help you make the right home buying decisions. 1- DON’T MISS ANY BILL PAYMENTS Many buyers believe that once a lender issues their loan commitment, they are good-to-go but this is not the…

5 of the Best Interior Upgrades to Add Value to Your Home

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If you’re thinking about selling your house, you probably want top-dollar. But does your home need any renovations? If you are able to take care of the renovations, you could fetch a good price on the sale. And, if you’re looking for inspiration for the best interior home renovation ideas that will increase your home’s value, this article is for you! Sellers are aware that most home buyers don’t want to do a bunch of renovations and work to a house they are going to buy. If you don’t do any renovations (if your house really needs it), you will have to sell “as-is” meaning that you most likely won’t be able to sell for top-dollar. If you do plan to sell soon, you could benefit from a remodel or doing just a few basic upgrades. If the housing market is too crazy at the moment, you might consider remodeling…

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