Home Selling 101: Sell the House, Not the “Home”

Out of all the home selling secrets you’ll find here on this site, this one seems to bring all of it together in a nice packaged present with a bow, like it’s a Christmas! Only it’s not…. We’re not quite there yet to see Santa Claus come down our chimneys, but we can dream, can’t we? Still, when you get that buyer making the perfect offer, and you sign off on escrow to reap the financial benefits as you move out and find your zero-down home with H.O.P.E. to Own, we can all celebrate the holidays (even though we’re just on the cusp of Spring here). How? By “de-personalizing” your space. Completely.

Did I Just Throw You a Major Home Selling Curve Ball?home selling curio cabinet

No. Stay with me, folks. This home selling stuff will all make sense.

The thing is buyers don’t want to buy your house. They’re not buying your memories, they’re not buying your beds, your TV, your KitchenAid mixer, or even the cute knickknacks in your bathroom. As beautiful as your curio cabinet may be, they’re really not even basing their decision on that. They don’t even care about your innovative outdoor living features, such as your built-in deck or hot tub.

Rather, buyers are simply interested in your house itself. It’s not YOUR house anymore (at least in an interested buyer’s mind). And, yes, that’s true, or else you wouldn’t be knee-deep in trying to sell the darn thing. Sure, legally the house is still yours until the deed passes over and you’re in escrow, but at the heart of it all, this dwelling where your shoes still sit in the closet is no longer your place at all. You have to have that mindset — or else you won’t sell at all.

Come On — That Seems Far-Fetched

No, not at all. So let me get down to the real details of this post about home selling and say that you need a home stager. Or learn how to effectively home stage all on your own by taking all of the “personal” clutter out of your house, make your home into sort of a model spectacle for all to see. Do you see what I mean? When they see just the property itself, they don’t see you living in it.

They see the space. They see the benefits. They see the cleanliness. They see every detail, and trust me — they’re loving it.

Effective home selling through home staging includes removing all family photos, memorabilia collections, keepsakes, and other things that would keep the dwelling way too personal and distracting for home buyers. Get all of that stored away somewhere. Out of sight. Out of mind. Let the buyers imagine the house being their home.

Then You Can Ensure a Big Bidding War!

Like Jack Bauer, you mean business in this war. Only not with terrorists. Enjoy the bidding. Because when all the dust settles and you’re signing on the dotted line, you’ll be well on your way.

7 Surprising Home Selling Secrets You Never Thought Would Work

This is the next artistic enterprise of the age with institutions teaching line, color, and the way of the paintbrush offering classes in something remarkably surprising: home selling secrets! Well, not really…. But they could! The strategy of selling a home can very well be its own art form when you think about it. And with the real estate trends evolving home selling secrets constantly, this is a discipline continually shaped seemingly every day, so the best gurus need to stay abreast in the industry and tailor their strategies to match the signs of the times, maximizing their top dollar goals.

Home Selling Secrets Are Crucial When New Ones Pop Up in Real Estate Society

Make no mistake about it. Like the knight said to Indiana Jones about choosing wisely, here are seven to keep tabs on as you sell your home with gusto:

It’s All About the Pricing — Sure, you want the most money. But this is a fickle industry, the real estate market is. Don’t price your home high; price it smart.real estate Indiana Jones home selling

Empty Your Closets — This isn’t a metaphor for anything, nor is it a clue to filing your 2015 tax returns correctly, or a Chapter 7 bankruptcy filing. Way off the mark. Take this literally as cleaning out the closets in the home you’re selling can make a big difference, believe it or not.

Open the Window Blinds and Curtains — Let the light into the home when showing the house, in other words. Why? Who doesn’t love sunshine? As far as home selling secrets go, this one offers the Vitamin D.

Real Estate Specialists Can Definitely Help! — Obviously. Even better, having a broker who’s knowledgeable in the industry from a technology standpoint might give you an edge.

Get Rid of the Pets — You don’t need to craigslist them or send them to the shelter, though. That would be cruel. Rather, have someone watch Fido and Tabby outside of the home when doing an open house.

Don’t Go Overboard on Renovations — Think about it, people. If you’re majorly overhauling your home, chances are you’ll probably want to stay in your dwelling. Keep your improvements minimal to ensure you get top dollar.

Lastly, It’s About the Home, Not the “House” — What does that mean? This is a fitting way to end this look at enterprising home selling secrets. At the end of it all, you’re not selling your home. You’re selling somebody else’s future home. For you, it’s just a house. It’s the stage you set for the prospective buyer. The buyer acts in the play and gets the flowers as the curtain drops.

You, the Home Seller, Have the Knowledge

Now you have the skills with these trade home selling secrets from H.O.P.E. to Own. Use them wisely. But you must not pass beyond the great seal. That is the boundary…. And the price of immortality.

Be Sure to Check and See How the Real Estate Market Is Measuring Up

The important thing to know is that you can measure what you’re up against by just researching the real estate market to see where your current house would be at in terms of sale — and likewise, for some to be more important, where you’re going to be at in terms of buying. It is a catch-22, but if you’re prepared for it, you most likely will get through it unscathed especially if you have the H.O.P.E. Program on your side for credit repair, getting approved with a lender to make a decent offer on a home that seems to fit your expectations. But why? Why is the real estate market such a pain?

Think of the Real Estate Market as a See-Sawreal estate see-saw

It’ll swing one way, and then the other way. There’s no balancing in the middle — or you’ll get kicked off the playground. You either sit on one end, or the other.

What that means, simply put, is that if your real estate market’s on a hot streak, houses selling like hot cakes, you’ll expect to get your home sold quicker than you can say “TAG!” out in the playground, and for top dollar as well. It’s what many real estate gurus would call the “seller’s market.”

This is where the catch-22 comes in, though. If you’re a seller, you’re also most likely a home buyer as well — and you’ll have lots of questions to ask about the prospect of buying a home. You’ll be on the other side of the playing field, having to deal with the higher prices and competition with other buyers in the area.

Likewise, if the real estate market’s dragging at a crawl, this “buyer’s” market will offer very low prices, hence you’ll have a hard time finding someone willing to pay enough money for your bottom line. Sure, you might have an easy time finding a great home at a low price — but you’ve got to get out of your home first, right?

Working With a Great Real Estate Broker and Lender

The real estate market is a tricky landscape. Having a suitable guide will help a ton, especially when your bottom line’s on the line. This is just one of many questions you should ask about when it’s a good time to move and buy a new home. Where’s the real estate market sitting? Find out. Ask now and get with one of the specialists at H.O.P.E. to Own for more information.

Outgrowing Your Home With No Chance for Renovation: What Can You Do?

For those families or individuals considering a move “up” in the real estate market, there’s the other option: renovation. It’s convenient, it’s creative, it offers options, and you develop a sense of accomplishment as you make a house into a home. Your home. However, sometimes situations can prevent you from ever doing anything even close to a lick of a paint can and roller on just one wall in your living room.

Why You Might Just Have to Consider a Move to a New Homerenovation real estate

Your rent-to-own home through the H.O.P.E. Program might have the option; make no mistake about that (because your landlord’s laid back, of course). Here’s the thing, though: perhaps your local ordinance won’t allow a renovation, adding new square footage. If that’s the case, what other option do you have?

Your other issue just might be all about the hassle. Think of the plastic wrap, dust, paint cans, ladders, and other non-specific “hazards” associated with a renovation, and if you’re the certain type of homeowner who doesn’t want to deal with all that — as well as shell out the costs from your valuable home equity loan — might want to consider a major move into a larger dwelling.

There’s the issue, too, of over-improving for your area. In the long run, if you’re maximizing sweat equity for your home, adding too much might be a disadvantage to you. Look at the comparables, for one thing — look around your neighborhood. You just might find that a renovation might put your home above the market, hence whenever the time’s right for you to sell and make some profit from all your investment, you could stand the chance of your home sitting there collecting dust while buyers pass you by. Might not be something you want to face!

A Renovation Might Not Be the Best Course of Action, But….

Every homeowner’s situation is different. You might be happy with your tiny Maine house. Who knows. That renovation might be the best idea, as long as your ordinance allows it. If not, though, pack up your stuff!

Building Your Home Equity and Improving Your Income

Who knew that simply living in your home would actually build something called home equity? That’s a good thing, by the way. What is “home equity” on your zero-down home from the H.O.P.E. Program, for instance?

Simply Put, Your “Home Equity” Is the Combined-Amount Market Value of Your Home Based on All the Interest You Invested in It

That could easily include anything from renovations to countless mortgage payments over time. So it’s true: you literally could increase the value of your home — simply by living in it, generally speaking.

You can’t ever know what your home’s value is, though, just by lying on your bed eating some Doritos,real estate Doritos though. You have to call your lender and get the figures from him/her. This isn’t an etched-in-stone situation either, as home equity largely does depend on the market itself around your neighborhood. If your real estate market’s hitting it big in your area, you might see that your property’s appreciating much more, increasing the home equity — or the real property value — a lot more substantially than you would think. Hence you might actually get approved for something called a “home equity loan.”

Since you put so much money already into the home — either through your mortgage payments or renovations — there’s some investment paid off to you in the long run in the event you want to sell the home and move out. Gives you a bit of a cushion and makes it a lot easier to answer any questions you may have about the possibility of upgrading to a new dwelling.

Additionally, Your Professional Life Might Also Progress

This can happen naturally. Perhaps you hit a big raise. Or a promotion. Maybe you changed jobs. Who knows. Regardless of home equity, your income somehow increased and you can actually afford a larger mortgage payment, covering all sorts of additional costs such as closing expenses and additional renovations to the new property, wherever it may be. Suddenly the prospect of moving out seems to be that much more plausible.

Things to Consider When Thinking About Moving Out of Your Current Home

You could ponder on a home equity loan with a line of credit to net you some funds for moving out. Or maybe your career has advanced so well that the idea of moving to a different home makes sense. Whatever the case, know that it’s all about finances. If you don’t have the dollars to do it, please don’t do it! If, however, you might be “rolling” in it to some degree, perhaps you can explore the possibility.

3 Questions You Should Ask as You Consider Moving “Up” in the Real Estate Market

If you’ve clicked on this, you’re probably asking the ultimate question of the universe for those individuals and families progressing toward the next step in life. Whether you’re knee-deep in the real estate market as a renter and seeking a prospect for new home ownership, or you’re currently a homeowner looking to upgrade for more square footage (more rooms, increased space, accommodating more family members), the fact is you’re at a crossroads: should you move forward? Should you move “up” in this real estate market? Yes or no? Should you contact H.O.P.E. to Own, seeing if you can get a lender’s approval for a home mortgage? (Yes)

Before You Even Ask That Question, Though, There Are Three More You Must Address….

Tricky real estate market you’ve got there…. You’re faced with a lot of planning issues, because the odd real estate highwaything about the real estate market is that it’s a lot like a 1-way highway with just one on-ramp and only a few exit ramps for the next thousand miles or so. Once you get on, you have a long time before you’re able to get off — and getting off will land you in the middle of nowhere. Not a fun place to be in the real estate market.

What I mean by that is that you can make a decision, find a better place — and realize that you’re in a much worse place than you were in before. There’s no going back. You might be caught in a money pit, shelling out dollars you don’t have to pay for repairs you don’t want, for instance. Or perhaps the relocation loses you on some amenities you once had. It’s such a risk: this question about moving “up” in the real estate market. You can be better prepared, though, if you ask (and then answer, of course) these three imperative questions:

  1. “Do I Have Good Enough Finances to Manage a Move With My Current Equity?” — Maybe, maybe not. Improving your income and home equity may be a must for the renter or homeowner seeking a move “up” in the real estate market.
  2. “Are there sufficient options out there in the market?” — The real estate market’s very much like an up-and-down wave, trends rising and falling regularly. Sometimes the supply of available homes are aplenty, and sometimes they’re not. Check and see how the real estate market looks before even considering a move.
  3. “Do I Have a Way to Renovate My Home and Add on to It?” — Who knows: you might not even need to move up at all! What happens, though, if you can’t renovate your home to increase your space? What then?

The Real Estate Market Is Tricky, Yes

You’ve got to be on point with that, and that’s just the start of it. Getting a realtor, touring homes, figuring out what your priorities are: these are all necessities, and it’s a big decision. So prepare yourself. You’ve got to start, though, at the very beginning and make sure you’re even thinking of making a move for the right reasons. If you don’t, you could be heading down the wrong highway off the on-ramp and would have to wait a few hundred miles before getting off…. Stay on the right path and SIGN UP RIGHT HERE TO REGISTER FOR YOUR NEW HOME.

Breaking Down 8 Rental Tips Every Tenant Needs to Know About

It’s a jungle out there! Seriously! Let’s say you’ve lived the dorm life in college, and you’ve had a taste of being out there on your own. You’re ready for the big time now: it’s called “renting a home.” This means you have an actual dwelling, complete with prospects for roof leaks, fridge breakdowns, theft, vandalism, rent payments, black mold, and so many other problems, too many to count, and guess what: you’re responsible for all of it! It’s a big deal. Being in a dorm room is one thing; renting an apartment or home is a totally different ballgame, hence we have these rental tips for you to focus on.

Are You Ready to Rent? Check Out These Rental Tips:

Rental tips are like quartzite nuggets for the drifter looking for some direction in life. After all, you’re just fresh out of college — or perhaps looking to upgrade from studio to 2-bedroom, to 3-bedroom, to 4-bedroom — and you need to make sure you’re on the right track. Treat this checklist like the bible of rental tips. This will be your rental real estate religion:

There you have it: eight rental tips. But be sure to follow the links to get more background on them. Trade secrets. Killer knowledge.

You’ll be an Expert at Renting Very Soon

Rental tips like these will ensure that no matter what situation, wherever you live, your opportunity  at a rent-to-own home or apartment won’t ever go sour as long as you always follow protocol, the necessary steps, legal guidelines, and advice to ensure that you not only cover your own bases, but provide the best possible dwelling for you or your family. Don’t get lax — there might be a quiz later!

Check them out at RTO Reviews for more info about what they can do for you right now.

Treating the Prospective Neighborhood Like a Shopping Day at the Mall

You know that timeless show “Clueless” with Alicia Silverstone? It paved the way for mallrats, Paul Blarts, segways, mannequins, food courts, and lots and lots of bubblegum, but who would’ve thought that there was even a shred of knowledge lending to the art of house hunting? Or in this case, renting? (For all intents and purposes, this even applies to home mortgage help with H.O.P.E. to Own!)

Like, Seriously, Shop Around Your Neighborhood for the Best PropertiesClueless Home Renter

You can’t beat this particular strategy out of all rental tips available. Not only do you get in on the trends for real estate in your neighborhood — everything from what’s selling, to what prices have dropped, to location, to safety issues — but you also get to research any specific laws in your area just to make sure you’re kosher (and the landlord would be kosher as well).

Perhaps a side street in the neighborhood doesn’t have any speed bumps, making it a hazard for little children. Or your particular apartment or rent-to-own home happens to be close to downtown Grand Rapids, Michigan, for ArtPrize. Consider easements, too. Municipal codes for parks and playgrounds. These are all relevant issues to consider when shopping around your neighborhood for rental prospects. As if….

This is especially true regarding apartment complexes. Feel free to peruse — like you’re shopping at the local Gap store for a new pair of khakis. You want to make sure the units (pants) are top notch and maintained regularly, complete with amenities. Visit the clubhouse. Maybe there’s an in-ground pool available as well. Is it maintained well? Consider that, for sure. Focus on your priorities. This is smart searching and buying (renting, actually), because you certainly don’t want to get stuck in a lease with a unit that makes your life miserable.

Who Knew Renting Would Be so Competitive?

Like we may be seeing soon with March Madness, competition will get wicked. Take advantage of that and shop smart. Selective. Particular. But in order to do that, you’ve got to follow this rental tip and SIGN UP RIGHT HERE TO REGISTER AND BUY YOUR FIRST HOME!

Why Researching Landlords Is a Lot Like Waiting in Line at the DMV

Patience, Daniel-San; Mr. Miyagi will teach you how to be a real estate guru. You said it best there! It’s all about patience. Paint the car, paint the house, paint the fence! Are you kidding me? It’s true, though; you have to be patient, thorough, and complete with your investigation of rental properties and apartment complexes, researching landlords to the hilt until you know what their favorite colors are! This isn’t a joke. This is the real deal.

Why Is Researching Landlords so Important?

For one thing, you’ll need a few items to ensure you’re following legal protocol and compliance. Landlord-tenant law’s very particular about a lot, so researching landlords will ensure you’re on the ball. Here’s a quick list:

  • Identificationlandlord real estate paperwork
  • Proof of Employment and Income
  • a Copy of Your Credit Report

That’s not to say you may face a landlord that’ll completely shut you out if you’re missing just one of these. This is where it’s not completely like the DMV, out of luck in renewing your driver’s license without a birth certificate, for example. These documents, though, will certainly help fast-track you toward signing your new lease on the day you view the property. This is crucial.

Why? Consider the tight rental market, for one thing. Real estate prices can get scary, right? All that searching for the right rental home even with all the updated rental tips you can get your hands on will amount to nothing, because your timeline for getting into some property runs dry, and you’re left to still searching. It’s smart to be as prepared as possible before even approaching a landlord.

While researching landlords, too, don’t forget to bring all sorts of supporting documentation regarding repairs, pre-emptives for move-in inspections and other forms. You not only go through the process a lot faster — but a lot smoother.

Take a Number

Trust me. You’ll thank me for it. All that time and effort reviewing and researching landlords left and right might be a hassle at the moment, but you can rest assured: it’ll pay off in the end. As in you’ll be living in a rental that’s kept well, maintained, and you’ll have your landlord wrapped around your fingers.

Why It’s Probably a Good Idea to Have a Real Estate Attorney

Think about how this might be relevant to you. You’re dealing with a landlord, for crying out loud! Ask a room full of fifty home renters if they ever had just one problem with their landlord, and chances are at least 50% of them will raise their hands. Maybe this is why homeowners sleep a lot after having coped with rentals in the past….

Seriously, Though — You Need That Real Estate Attorney on Your Side

It goes without saying that the lease, essentially a real estate contract, will have specific lingo that youreal estate law might want a specialist — a real estate attorney — to basically translate for you. Know the fine print. Understand the terms of your security deposit — and especially if its kosher legally, yet another reason why it’s smart to have a real estate attorney look it over.

Because this is basically contractual law, you have to stipulate that you get everything in writing. If you don’t, legally that landlord can do whatever he or she wants regardless of what the real estate attorney can do for you. Therefore, take note: if a landlord promises something to you (and every real estate attorney will tell you this) get it in writing. Period.

It’s important to discuss matters with your real estate attorney in the event that your privacy’s violated. Case in point: if the landlord or maintenance staff enters your rental beyond what’s stated in your rental agreement stipulating guidelines, you can safely say that it’s a sure bet your privacy rights have been infringed upon. Discuss that with your real estate attorney immediately. You then just might have a case in court for compensation.

Every Tenant Has Rights

It’s common to say that the landlord’s the ‘boss.’ That’s not true. In many ways, the tenant’s more of the boss. In truth, though, both the landlord and tenant are partners in agreement to maintain a business relationship. You pay rent; the landlord maintains the property for you. Plain and simple. Out of all rental tips, this has to be the simplest.

Just to ensure the relationship’s maintained well, you never know: that real estate attorney just might come in handy! For more answers to your questions, though, FEEL FREE TO CONTACT THE H.O.P.E. PROGRAM RIGHT NOW about rent-to-own homes in your area.