RE/MAX Executive Realty



Posted by RE/MAX Executive Realty on 11/11/2018

After you receive an offer to purchase your residence, determining the best course of action often can be difficult. Because if you make the wrong decision, you risk missing out on an opportunity to sell your house and maximize its value.

Ultimately, it may prove to be beneficial for a home seller to submit a counter-offer. There are many reasons why a seller may choose to provide a counter-proposal, and these include:

1. A homebuyer's initial offer to purchase fails to match your expectations.

Although a homebuyer's initial offer to purchase your residence fell below your expectations, you can always submit a counter-offer to find out if a buyer is negotiable. That way, you may be able to work with a buyer to find a common price that is suitable for all parties.

When it comes to selling a house, there is no harm in submitting a counter-offer. Remember, the worst response a home seller will receive to a counter-proposal is a simple "No." And even in the worst-case scenario, a seller can move forward with the property selling journey and await an offer to purchase that matches his or her expectations.

2. You are flexible about the price of your house.

As a home seller, you probably realize that what you originally paid for your house is unlikely to match your residence's current value. But even if you set a competitive initial asking price for your home, you may still want to negotiate a counter-offer if a buyer's initial proposal falls short.

The housing market constantly fluctuates, and a sector that favors sellers today may favor buyers tomorrow. Thus, if you are flexible about the price of your house, you can always negotiate a price with a buyer that accounts for the present state of the real estate sector.

3. You want to get the best-possible price for your residence.

The goal of the home selling journey is to obtain the best price for your home, regardless of the real estate market's conditions. Therefore, rather than accept or reject an offer to purchase, it may be beneficial to see if you can receive a better proposal from a buyer.

As you move along the home selling journey and review an offer to purchase, you should not hesitate to collaborate with a real estate agent. With a real estate agent at your side, you can receive plenty of guidance throughout the home selling journey.

Typically, a real estate agent will help you list your residence and promote it to prospective buyers. He or she will set up home showings and open house events and keep you up to date about any offers to purchase your residence. Then, when you receive an offer to purchase, you and your real estate agent can work together to determine how to proceed.

Hire a real estate agent – you'll be glad you did. By employing a real estate agent, you can get the help you need to fully analyze an offer to purchase your residence.





Posted by RE/MAX Executive Realty on 11/11/2018

Buying a house involves dozens of interrelated decisions, many of which could affect the quality of your life for years to come. No pressure, though!

Working with an experienced real estate agent with whom you feel comfortable is one strategy for successfully navigating many of those pivotal decisions. The ideal buyers' agent will be familiar with neighborhoods in your target area, and is trained to help you match your requirements with properties in your price range. They can assist you in developing a priority list of things you want and need in your next home.

In addition to noticing the features of each individual house you're considering, there's also the bigger picture of the character of the neighborhood in which homes are located. Here are a few things you may want to keep in mind as you visit different homes for sale.

  • Street traffic: There are several distinct disadvantages to living close to a busy street or highway. First of all, there's the noise factor, which is often a deal breaker for people who thrive on peace and quiet! If you have young children, a busy street can also be a potential safety hazard. When you have cars constantly driving by your house, privacy is another issue to consider.
  • Proximity of houses: Speaking of privacy and quiet, there's also the question of how physically close houses are situated next to each other. If they're only ten or twenty feet away, then you might end up knowing more about your neighbors than you really want to! (The reverse of that is also true.) In those instances, privacy hedges and tall fences can provide some benefits.
  • Appearance of the neighborhood: If nearby houses are in run-down condition or poorly maintained, that's generally a "red flag," in regard to the quality of the neighborhood. The same can usually be said about prospective neighbors who keep junk vehicles or construction debris on their property for any length of time. If you're considering a neighborhood with one or more abandoned houses on the street, proceed with caution. However, what you see, is not always what you get! Appearances can be misleading, and there may be plans underway, for example, to demolish a fire-damaged house and replace it with a new and improved home. Very often your real estate agent can find out more about the circumstances surrounding an abandoned or boarded-up house. They may also be able to help you research crime statistics for a particular neighborhood or street.
  • Convenience factors: All things being equal, it's nice to live within walking distance or a short drive from grocery stores, drug stores, banks, public parks, the post office, child care services, schools, doctors, dentists, hospitals, veterinarians, restaurants, and other amenities.
When you've narrowed down your house search to one or two possibilities, a lot of useful information can be gathered by scheduling a couple additional visits and/or walkthroughs -- especially at different times of the day or week. Second and third visits to homes you're considering can definitely shed additional light on factors such as noise level and other quality of life issues.





Posted by RE/MAX Executive Realty on 11/4/2018

Many buyers are searching for a home with an attached garage. It helps to keep cars out of the sun, rain, and snow. An attached garage allows you to walk directly from your vehicle into your home without worry. 


Garages used to be detached. These structures offered many benefits to homeowners that seem to be forgotten. As cars became more popular and larger, families began to own two cars at their properties. When this became common, so too di the attached garage.  


While an attached garage is seen as a luxury and often a necessity, the good points a detached garage have shouldn’t be overlooked. 


Attached garages can be converted into living spaces. This affords you as a homeowner much more room without the need to move. Homeowners can then build a detached garage for storage or the placement of a vehicle. 


Other Advantages To Detached Garages


A detached garage adds character to a home. Many buyers complain of tired suburban architecture, where the garage often becomes somewhat of a focal point for the front of the home. Detached garages can be more pleasing to look at.


You’ll also have a bit more wiggle room as to how you design your home. If you build a detached garage, it can be placed at an angle on the property. The garage can also be hidden in the backyard, or designed to look like a smaller version of the larger house. A path can even be built through the yard to the garage to bring a design to the entire yard. 


Another advantage to a detached garage is that toxic fumes from your vehicle won’t get into the house. Homes with detached garages can often receive green points for environmentally friendly building practices. There’s also less of a risk posed to you and your family for things like carbon monoxide poisoning. You can’t leave a vehicle running very long in an attached garage without that risk.   


A detached garage also affords the possibility of adding living space above the garage. It can be a great play space for kids or a game room for adults. You can even build a home office in the upstairs portion of the garage. The area will indeed be quiet if placed strategically. If the attached garage is new construction, you can run wild with it. The design is up to you and the possibilities are truly endless. 


While many buyers search for a home with an attached garage, detached garages can have many pros and allow great flexibility to you as a homeowner.           




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Posted by RE/MAX Executive Realty on 11/4/2018

Bolstering your house's curb appeal is paramount if you want to achieve the best-possible results during the property selling journey. In fact, there are many reasons why you may want to dedicate time and energy to enhance your home's curb appeal, and these include:

1. You can differentiate your home from the competition.

Your home only gets one chance to make a great first impression on potential buyers. If your home stands out to buyers, it may lead to many property showings. Meanwhile, these showings ultimately may result in one or several offers to purchase your residence in the near future.

If you are searching for ways to promote your residence to buyers, it often is beneficial to upgrade your house's curb appeal. Because if your home has a pristine front lawn and other amazing home exterior features, it may stand out to many buyers. And as a result, you may be able to distinguish your residence from comparable properties in your area.

2. You can speed up the house selling process.

The home selling process may prove to be long and difficult, particularly for a seller who is unsure about how to showcase his or her residence to the right groups of buyers. Fortunately, a home that has outstanding curb appeal may make it easy for a seller to speed up the house selling cycle.

Remember, a home's curb appeal enables a seller to make his or her residence an attractive option for potential buyers. And if a buyer falls in love with a home as soon as he or she sees it, this individual soon may be ready to purchase this residence.

3. You can maximize your home sale earnings.

The goal of a home seller is to generate lots of interest in his or her residence. That way, a seller can boost the likelihood of receiving multiple offers to purchase that are at or above his or her initial home asking price.

If you spend some time enhancing your house's curb appeal, you could make your residence an appealing option for buyers. Therefore, as buyers compete for your home, you may be able to reap the benefits of a profitable house selling experience.

As you prepare to sell your home and explore ways to upgrade your house's curb appeal, you may want to hire a real estate agent. This housing market professional can help you list your home and promote it to prospective buyers. Plus, he or she will help you establish an aggressive initial asking price for your residence, set up home showings and open house events and much more.

Devote time and energy to upgrade your home's curb appeal – you will be glad you did. It generally won't take long to improve a residence's curb appeal. And if you focus on your home's curb appeal, you likely won't need to wait long to generate interest in your house and receive a competitive offer to purchase your residence.





Posted by RE/MAX Executive Realty on 10/28/2018

For homebuyers, a home inspection is paramount. This inspection enables you to look closely at a house and identify any problem areas. It also may force you to rethink your decision to buy a house, particularly if you discover a wide range of problems during the inspection.

Ultimately, it pays to consider your options following a home inspection. In fact, if you take an in-depth approach to potential home repairs, you can determine whether to ask a seller to complete these repairs before you finalize a purchase agreement.

Before you ask a seller to perform home repairs, there are several questions that you should consider, and these are:

1. How much will it cost to complete assorted home repairs?

A damaged roof is much more expensive to repair than a defective light fixture. Fortunately, if you assess the costs of potential home repairs, you can differentiate major home repairs from minor ones and plan accordingly.

If a home requires thousands of dollars in repairs, it may be worthwhile to ask a seller to complete these repairs. Otherwise, you'll be responsible for allocating the necessary time and resources to perform costly home repairs after you finalize your house purchase.

On the other hand, minor home repairs may be easy to handle on your own. If you feel comfortable completing minor home repairs, you may want to avoid submitting a request to a seller to perform these repairs. Because if you ask a seller to complete myriad minor home repairs, he or she may walk away from a potential home sale.

2. Are there any required repairs that must be completed right away?

Required repairs, i.e. repairs that will address hazardous conditions in a house, sometimes will need to be completed following a home inspection. These repairs include water penetration issues and local code safety violations.

If required repairs go unaddressed, your lender is unlikely to provide you with the financing that you need to acquire a house. Thus, you should request a seller complete these repairs as soon as possible.

3. Is it worth my time to ask a seller to complete home repairs?

There is no right or wrong answer to the aforementioned question, as every homebuyer and home seller is different. If you are uncomfortable with a house following an inspection, you should examine the inspection report and determine the best course of action. And if you feel that asking a seller to perform home repairs is essential, it is important to do just that.

Lastly, if you need assistance throughout the homebuying journey, it helps to work with an expert real estate agent. This housing market professional usually will attend a home inspection and help you assess a house. Plus, an expert real estate agent is happy to provide recommendations and suggestions to ensure you can make an informed home purchase.

Take the guesswork out of evaluating a house following an inspection – consider the aforementioned questions, and you can determine whether to ask a seller to complete home repairs after an inspection.




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