Tammy Stone
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Articles Tagged "selling a home in michigan"

Should I Sell My House Home

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Buying A Home | 4 Posts
DIY | 3 Posts
Selling A Home | 10 Posts
Support Local | 1 Posts
July
27

July
14

April
7

WHERE TO UPDATE YOUR HOME TO INCREASE HOME VALUE

 Sometimes people have the funds to update their home before they sell it, in order to increase the overall value.

 The question usually asked is, "How much money should I put into my renovation and where should I spend it?"

 The SINGULAR room in your home that will get you the most bang for your buck is the KITCHEN.

No matter what your budget or home goals, there's one simple and cost-effective update that can get you the most money when you sell: updating your kitchen. Whether it's a total gut job or just adding some more efficient appliances, kitchens are consistently one of the biggest sellers in any real estate market. Here are some ways you can update your kitchen - from the full remodel to less expensive options in updating a kitchen.

 

A NEW KITCHEN - FULL REMODEL

A new kitchen and bathroom are big ticket items, but they're also some of the most valuable improvements you can make to your home. From replacing appliances to new cabinets, adding granite countertops, and installing a backsplash, these updates have a long-lasting effect on your home value.

Changing Out the Countertops

If you're looking to sell your home for top dollar, you should consider replacing outdated countertops. Replacing outdated countertops will make a huge difference in your house's resale value.

Paint

Picking a fresh color or painting a room is one of the easiest ways to make a home feel like it has new life. When you paint, your walls may look new and bright again, and even your old furniture can look modern with a coat of paint on it. Choosing paint colors that are popular for houses in your area will help you get more money when you sell because buyers don't have to worry about stepping outside their comfort zone if they like what they see at first glance.

Bonus - Stainless Steel Appliances

Stainless steel appliances can add over $15,000 to your home's value. If you're planning on selling your home anytime soon, it might be time to upgrade your appliances to stainless steel. Stainless steel appliances will often make buyers think of high-end kitchens and may prompt them to offer more money than if they were seeing a kitchen with more traditional materials like laminate or granite countertops.

November
22

7 REAL ESTATE FACTS YOU NEED TO KNOW

  1. Property taxes are ASSESSED every year - this means your taxes will probably go up after you purchase your home.
  2. HOA Dues DO matter - the amount and frequency of the HOA dues in a community could make or break your financing.
  3. Real Estate Websites aren't ALWAYS accurate - some real estate websites feed from multiple sources, aren't regularly updated or can be updated by just anyone. Information that you find on the web regarding a specific house may not always be correct depending on how quickly the website updates its listings.
  4. Home Value Estimates are NOT always ACCURATE - these online estimates are calculated by a computer and not an experienced realtor which leaves out a lot of important factors used to price a home.
  5. Seller's PAY the commission - sellers pay the entire real estate commission for the sale of the home, half of the commission goes to the listing agent and half to the buyers agent. This means that if you are buying a home, then it is virtually free for you to use a real estate agent.
  6. Going directly to the Listing Agent DOES NOT SAVE money - some buyers believe they will save money going directly to the listing agent instead of hiring a buyers agent. This isn't true because the commission is always paid by the seller. It's also not recommended because the listing agent won't have a buyers best interests in mind.
  7. Not All Types of Properties QUALIFY for financing - not all financing programs accept all property types and not all sellers accept all types of financing. This is why it's recommended to explore available financing options before searching for a home.

February
22

You've made the decision to sell, now what?  What needs to be done?

First Impressions Count

Here's a few things to think about:

  • You need to take an honest look at everything in your house. The exterior, interior, kitchen space etc… from a fresh set of eyes.  You HAVE to see this from a buyer's point of you and what they would like and not like about your abode.  What would you want if you were the buyer looking at your home for the first time?  If you are unable to see this with clear eyes, have a friend come over and have them give you an honest opinion of your home and what "they see."
  • Take out the emotion. Selling a home is an emotional experience because you have memories tied to it.  When your home goes up for sale, you will receive feedback comments from a buyer's showing experience.  Sometimes, these comments are hard to digest.  It's ok.  That's normal.  As you're getting ready to sell, and looking at items that need to be fixed, try to remove the emotion from that process.
  • Buyers want to be able to move right in and not have to do any repairs or cosmetic changes. Knowing this information, will help you decide what projects need to be a priority to get top dollar.  If you need more advice on whether or not to tackle a project, I'm here to help.

Repair, Repair, Repair

If you know the gutters are falling down and need to be tightened up, Do it!  First impressions count and Curb Appeal is the first impression that someone has of your house.  Take a good hard look at the exterior of the house and see what loose ends need to be fixed.

Let's just make this easy… Fix everything that needs to be fixed in order to sell.  If you are questioning this or money is tight, let's chat.  I'll come over and tell you what has to be done.  FYI, if some items are not repaired, it may have to be reflected in your listing price.

Declutter

You knew I was going to say this!

September
15

Ok, so that was just a tease because I am a great Realtor and I do hope you use me to help your sell home.  What I will do, is say it like it is, give you all the information you need, and lead you through all the steps.

How much time do we have?

Let's face it, all you care about is that your home gets sold for top dollar, in your time frame, and with the least amount of hassle.  Correct?

First Question… What is your time frame for selling?  If you need to be at a new job in 60 days out of state, and once you receive an offer on your house (typical time frame is 45 days from start to finish), then there's not much time to do much of anything but put your home on the market.

Few things to remember:

  • Your home selling price is determined by the sold homes in your neighborhood and like qualities. Apples to apples.  A Ranch home with 3 bedrooms compared to another ranch home with similar features that sold within the last six months in the area.
  • Buyers want to purchase a move-in ready home. The condition of your home will be reflected in your selling price.
  • What is the time for selling in your neighborhood?

 

If you truly want to sell for top dollar

  1. You need to have a plan!
  2. How are you going to find a buyer?
  3. What are the buyers looking for?
  4. What should you fix?
  5. Should you put money into repairs?
  6. How are you going to determine a price?
  7. What about the paperwork?
  8. Who's going to negotiate with the buyers?

Here's where a good Realtor comes into the picture.  They should be able to answer the typical time frame for selling in your neighborhood, the best marketing strategy for selling, how the listing price will be determined, what the staging process looks like, the hurdles in selling your home, the best way to stay in contact with you.  Their job is to take care of you their client and handle all these things that you may not have time to deal with.

If you would like some help, you have my number and email. :)

 

September
1

So, you've been thinking about selling your home but are questioning if NOW is the time to sell?  How's the market?  Is it a buyer's market, seller's market?  Will my home sell quickly?  Do I have enough equity? If I do sell, what's next? 

It Always Comes Back to Your Why

First things first, the home selling process begins with the decision to sell.  Here's what's funny.  As a Realtor, we tend to forget how this process goes until we actually have to go through the home selling process ourselves.  And while I know the ropes inside and out, it was still stressful, it was emotional, and it was a lot of work to get the home ready to sell BUT…

It was also worth it!  I knew what I wanted. 

I sold my home three years ago after making the decision that it was too much work for me to maintain.  I went through a divorce a few years back and held onto the house, for a secure place for my kids to come HOME to.  Once, they graduated from high school and were heading off to college, I knew it was time for me to move on. It was my opportunity to pursue what I really wanted, which was a home on an all-sports lake.  I have so many fond memories of going to my grandparent's cottage and spending time on the lake, that I know this is my dream home. My lifestyle changed.  My kids moved out of the house.  Now, it was time for me to pursue my dream home.  

You can't time the market or your life… but you can make a plan (Be sure to check out LifeHack below).

 Start planning ahead…

  • In the next year… what does your family need? Do you need more space?  Would you like a bigger kitchen? 
  • Is your family getting bigger? Is there a possibility that parents/grandparents may have to live with you?  Will you be an empty nester soon and want to think about a smaller home?
  • Do you want a better lifestyle? Do you like the hustle and bustle of city life?  Love suburbia?  Prefer the woods and no neighbors?  Love the peace and enjoyment with lakefront living?

 One of my Favorite Life Hacks I use this life hack every year when I reset my goals.  I absolutely love it!  Thanks to Dean Grazoisi and his book Millionaire Success Habits.) Check it out…

If you could fast forward a year and then look back and it was the BEST YEAR of YOUR LIFE, what does that Best Year look like?

  • How much money are you making? How much money do you have saved?
  • Where do you work? From home or in the office?
  • Are you taking your company to the next level? Do you own your own business?
  • How does your significant other look at you in the morning after a long day?
  • How is your relationship with your family, kids, and friends?

Sometimes, we need to look at the bigger picture of life, and then make a plan to get there. I have the plan to get you where you want to go and lead you through the process!

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