Buyers Beware: 3 Points to Ponder About a Home’s Location

December 19, 2014

When buyers are on the hunt for a new home, they’re usually very focused on one thing: the house. Blinders can get even worse if they fall in love with one, and the thought process becomes akin to one of those romantic photos with fuzzy edges—the only thing in focus is the house.

What those fuzzy edges obscure, however, is just as important as what’s in focus. So, be sure to identify the impractical features of a home you love—not only for your own comfort and enjoyment, but for the home’s future value as well.

 

What Counts as a Comp for Your Home?

December 12, 2014

From replacing a rusted out bathroom sink to laying laminate flooring, Americans are hooked on the DIY craze. Some things, however, are better left to professionals. Establishing your home’s current market value before putting it on the selling block or pursuing a refinance is one of those things.

To determine its value, appraisers and real estate agents will compare your home (the “subject property”) to those that have recently sold in the area (known as “comps”). They will adjust the comps’ prices up or down, according to how similar each home is to yours.

Read on to learn how a home qualifies as a comp for yours.

 

Should You Sell Your Home Before You Buy—or Wait?

December 5, 2014

If you are a current homeowner that wants to purchase a new home, you’re most likely asking yourself a question common to folks in your situation: Should I sell before I buy?

The answer to that question depends on several factors.

Reuse, Refurbish and Recycle: How to Go Eco-Friendly With Your Home Design

November 28, 2014

Furnishing, decorating or redecorating a home can be expensive, tedious and sometimes a bit frustrating. We must try to keep up with the latest, ever-changing fashion trends while also attempting to carefully balance expenses with the social responsibility of not creating additional landfill waste. We live in a crowded world where the unnecessary dumping of bulky furniture items or interior finishes that are still in good shape shouldn’t be tolerated.