Wednesday, December 11, 2019 / by Steven DiPeso
There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivations, you want to make sure that you’re timing it right.
If you sell when home prices are plummeting, you may end up losing on the deal. If you sell when home prices are highest, there may not be a lot of buyers looking to move. So how do you know when it’s a good time to sell?
A qualified agent can help you determine if the market puts you in a good place or not. But for your own personal situation, here are the signs telling you that now is the time to sell your home.
You’ve Outgrown Your Home
Whether you are expecting another child, caring for an aging parent, or have taken in your adult children, when you’ve outgrown your home, it may be time to sell your home. Consider the permanency of the change. Will the kids be there for a long time? How lon ...
Tuesday, September 17, 2019 / by Steven DiPeso
You've spent weeks and months with our team filtering thru properties on the market. After touring and inspecting those properties on your short list you've found "the one" that you would like to purchase. It's now time to draft the offer- but where is the beginning point on your first move? Well, like my go to answer in Econ 101- that depends.
The absolute first step to commencing negotiations (such as putting forth an offer) is to gather the facts. Is the home you intent to make an offer priced at market or is it above or below market; and if so, to what extent. Where are current inventory levels compared to prior periods? Has the property been on the market near the average days for sale as other similar properties or is below or above the average? Is anything excluded from the sale, or do we believe material repairs are required?
Similarly, what are the facts of our buying clients.... Do you need to include a conting ...
Wednesday, July 10, 2019 / by Steven DiPeso
Interested in bringing your Shore Home to a whole new level? Here are some tips that will help.
Whether you’re putting your rental apartment in the market or looking to fix things up for your tenants, every rental unit can use some extra TLC.
Making some upgrades can help in attracting amazing tenants, boosting your investment’s profitability, and elevating your position within the market. What’s more? These 6 special tips won’t hurt your wallet. They’re cost-effective, easy to do, and they work like a charm.
Replace the small things
The first step in fixing up your rental unit is to focus on details. Sink faucets, shower heads, doorknobs, light switches, electrical outlets – the list goes on. You wouldn’t believe what a big impression these can make on renters. Switching out old pieces and replacing them with new and stylish models will greatly boost the attractiveness level of your rental unit.
Repaint walls ...
Thursday, May 9, 2019 / by Steven DiPeso
There are two ways to think about remodeling projects that will boost your home’s value; you can get one or two major remodels done or opt for a bunch of small fixes. Depending on your budget and your timetable, one approach may be better for you than the other.
For instance, if you have an unfinished basement, maybe your dream when you first moved into your home was to refinish it. It never happened. But now that you are thinking about selling your home, you feel that a prospective buyer would really appreciate a full finished basement. Is that the remodeling project that you should do before selling?
On the other hand, you want to spend as little as possible to squeeze as much value out of your home. Maybe you would prefer to just spruce up the kitchen cabinets or repaint the house. Whichever camp you fall into here are some remodeling project ideas that usually add at least a few thousand dollars to the value of your home.
Depending on ...
Wednesday, November 21, 2018 / by Steven DiPeso
Before you start shopping for your property, it is a good idea to make some preparations.
Build Your Green File.
A green file contains all your important financial documents. You will need it to secure financing for your property. The typical green file should contain:
Recent pay stubs
Tax returns for two years
Copies of leases for investment properties
401K statements, life insurance, stocks, bonds, and mutual account information.
Check Your Credit Rating.
Your credit score will have a huge impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that we can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and Trans Union. We will be happy to recommend experienced, knowledgeable lenders in the residential, con ...