Empire Real Estate Group



Posted by Empire Real Estate Group on 3/29/2019

If you intend to list your residence in the near future, you may want to complete various property renovations. In fact, there are many reasons to perform home renovations before you add your house to the real estate market, and these reasons include:

1. You can revamp the look and feel of your home.

If your home has a drab interior or exterior, now may be the perfect time to update your residence. That way, you can reinvent your house and make it an attractive choice for homebuyers.

As you look for ways to renovate your house, it may be beneficial to conduct a home inspection too. A house inspection typically is requested by a homebuyer after a seller accepts an offer to purchase. However, performing an inspection before you list your residence may help you establish home renovation priorities.

During a home inspection, a property expert will assess a residence both inside and out. A homeowner then will receive an inspection report that provides insights into a house's strengths and weaknesses. And with this report in hand, a homeowner can allocate time and resources to prioritize home renovations and find ways to upgrade his or her residence before listing it.

2. You can increase the likelihood of a quick house sale.

A house that boasts outstanding curb appeal is likely to make a positive first impression on buyers. Thus, this home may be more likely than others to stir up lots of interest among buyers, which may lead to a quick house sale.

If you want to speed up the house selling process, you should perform home renovations. Because the sooner you update your residence, the sooner you may be able to accept a competitive offer to purchase your home.

3. You can boost your house's value.

Home renovations may help you bolster the value of your home. These renovations also can help you differentiate your residence from other available houses – something that is exceedingly important in a fierce real estate market.

When it comes to renovating your home, it may be helpful to work with a real estate agent. If you have a real estate agent at your side, you may be better equipped than ever before to plan ahead for home renovation projects.

A real estate agent may be able to put you in touch with the best home renovation experts in your city or town. For example, if you want to improve your home's interior, a real estate agent can offer interior decorator recommendations. Or, if you need to perform roof repairs, a real estate agent can help you find the top local roofing companies.

Before you list your home, complete home renovations – you'll be glad you did. If you perform myriad house renovations, you could help your residence stand out in a crowded real estate market. Best of all, home renovations could make it easy for you to enjoy a fast, profitable home selling experience.





Posted by Empire Real Estate Group on 1/11/2019

Contingencies on a contract to buy a home are there to protect both the buyer and the seller. The contingencies give the buyer the right to back out of the contract if any of these contingencies aren’t met. There are many reasons that buyers back out of deals including financial issues and problems with the home. Below, you’ll find a break down of some of the most common contingencies and what they mean for you as a buyer or a seller.   


Financing Contingency


Most home contracts come with what’s called a financing contingency. This gives you the ability to walk away from a deal if the financing falls through when trying to buy a home. Usually this is due to a credit reason or some other financial reason. You can’t rely on financial cracks to help you to back out of a deal on a home. Lenders will only deny a loan for real financial reasons. There’s no way to ask a lender to lie for you so you can get out of buying a home! This is why you need to make your decision about a home purchase wisely.   



Inspection Contingency


This gives the buyer the right to have an inspection on the home within a certain time frame which is usually 5-7 days. If something is really off with the inspection that you as a buyer don’t feel comfortable with, you have the right to back out of a deal without repercussions. While seller disclosures are important, the seller can’t disclose what they don’t know about. That’s why the home inspection is so important. The seller’s disclosure cannot protect you from hidden damages that may cost half of a home’s worth to repair.   


Appraisal Contingency


If homes are selling fast and you want some secure way to back out of a deal you should consider an appraisal contingency. If the home you want to purchase doesn’t appraise at a price high enough to meet your mortgage requirements, you have a legal way to back out of the deal. For example, if you put down 20 percent of the purchase price of a home and the home doesn't appraise for the value of that purchase price, you’d need to come up with the remainder of the money in cash. An appraisal contingency protects you from having to face this. You’ll still need to have a home inspection done on the home to search for any problems, but an appraisal contingency protects you from any problems with financing and your own disposable amount of cash that could arise due to a home appraising low. 


While contingencies aren’t necessary as a homebuyer, they’re highly recommended. Without contingencies, you could be left with a number of expenses such as damages that are extremely costly to fix.




Categories: Uncategorized  


Posted by Empire Real Estate Group on 11/2/2018

A seller's market provides many opportunities for those who plan to list a residence in the near future. If you know how to capitalize on a seller's market, you may be able to quickly and effortlessly sell your house and maximize your property sale earnings.

Now, let's take a look at three tips to help you get the most out of a seller's market.

1. Analyze Your Home's Strengths and Weaknesses

It may be beneficial to conduct an inspection prior to adding your house to a seller's market. With an inspection report in hand, you can assess your residence's strengths and weaknesses. Then, you can perform home repairs and upgrades and boost the likelihood of getting the best price for your residence.

In addition, you may want to complete a home appraisal. If you receive an appraisal report, you can analyze a property valuation and use this information to establish an aggressive initial asking price for your house.

2. Craft an Engaging Home Listing

A home listing typically plays a pivotal role in the house selling journey. If you devote time and resources to create an engaging home listing, you should have no trouble stirring up lots of interest in your home in a seller's market.

As you craft a home listing, it may be a good idea to evaluate the buyer's perspective. If you understand what separates your home from comparable residences in your city or town, you may be able to find innovative ways to differentiate your house listing from all others.

It often helps to include high-resolution images of your home in your listing too. You also should incorporate accurate details about your home into your listing to help buyers determine if your residence matches or exceeds their expectations.

3. Work with a Real Estate Agent

Selling a home sometimes is tricky, regardless of the current housing market's conditions. Lucky for you, real estate agents are available who can help you achieve the optimal results in a seller's market.

A real estate agent knows what it takes to sell a residence in any location, at any time. First, he or she will create a personalized home selling strategy designed to help you accomplish your desired goals. A real estate agent next will put this plan into action and promote your residence to potential buyers. If you receive an offer to purchase your house, a real estate agent will help you determine whether to accept, reject or counter this proposal.

Furthermore, a real estate agent will help you finalize a home sale. He or she will offer tips and recommendations to help you prepare for a home closing and respond to any of your concerns or questions. Plus, a real estate agent will keep in touch with you as your home closing date approaches to help you alleviate stress.

There are lots of things you can do to capitalize on a seller's market. Thanks to the aforementioned tips, you can take advantage of a seller's market and seamlessly navigate the home selling journey.




Categories: Uncategorized  


Posted by Empire Real Estate Group on 10/26/2018

If you plan to sell your house in the near future, now may be a great time to host a garage sale. That way, you can get rid of excess items, declutter your house and earn extra cash at the same time.

Ultimately, hosting a successful garage sale can be easy – here are three best practices to help you get ready for a garage sale.

1. Organize Your Inventory

A garage sale provides an excellent opportunity to sell a broad range of items – everything from kitchen appliances to gym equipment. As such, you'll want to sort through your belongings and separate must-keep items from those you can live without.

Organize belongings based on where they go in a home – you'll be glad you did. This will enable you to plan ahead for how you'll showcase various items during your garage sale.

Moreover, if you find some items are no longer usable, you should get rid of them altogether. Dispose of any damaged items, and you can immediately remove clutter from your residence.

2. Price Your Items Competitively

One person's junk is another person's treasure, and if you understand the true value of your belongings, you'll be able to price them competitively during a garage sale.

If you plan to sell electronics, jewelry or other high-end items at your garage sale, it often pays to perform research to learn about the true value of these items. Performing an online search of an item will help you see how various sellers around the globe are pricing the same item. Or, you can always contact local retailers directly for expert pricing insights as well.

In addition, consider the age and condition of an item before you price it. If an item looks brand new and performs great, you may be able to earn a significant profit from it. On the other hand, if an item shows signs of aging, you may want to lower your pricing expectations.

3. Promote Your Garage Sale to the Right Audience

Create flyers that you can post around your neighborhood to promote your garage sale. These flyers should include information about the date, time and location of your garage sale, thereby making it easy for those who see the flyers to find your event.

Don't forget to post details about your garage sale online too. Share information about your garage sale with family members and friends on social networks, and you should no trouble stirring up plenty of interest in your event.

Lastly, if you're planning to sell your house and need help getting your residence show-ready, you may want to consult with a real estate agent.

A real estate agent can offer expert tips to help you declutter your residence and ensure that your house is an attractive option to homebuyers. Furthermore, a real estate agent may even be able to help you prep for a garage sale, increasing the likelihood that you can make this event an instant success.




Categories: Uncategorized  


Posted by Empire Real Estate Group on 10/19/2018

There is no one-size-fits-all approach to craft an effective property listing. Instead, a seller needs to allocate the necessary time and resources to ensure a house listing hits the mark with buyers. In fact, failure to do so may make it tough for a seller to generate interest in his or her home. Perhaps even worse, an ineffective home listing may make it virtually impossible for a seller to enjoy a fast, profitable house selling experience.

Ultimately, there are many things a seller can do to create an effective home listing. These include:

1. Provide Accurate Information About Your Home

Include pertinent information about your home in your property listing – you'll be glad you did. If you can provide lots of relevant information about your home to prospective buyers, you may increase the likelihood that buyers will set up showings to view your residence in-person.

There is no need to stretch the truth in your home listing, either. Conversely, if you strive to include accurate information in your home listing, you can help a buyer make an informed decision to determine if your home meets his or her expectations.

2. Avoid Jargon

Although you want your home listing to capture buyers' attention, you should try to avoid jargon. Otherwise, a buyer may be turned off by your home listing shortly after he or she starts to read it.

When it comes to crafting an effective home listing, keeping things concise and precise is ideal. If you use your home listing to engage and inform buyers, you may be able to differentiate your listing from others.

3. Add High-Resolution Images

Including high-resolution images of your home's interior and exterior may make a world of difference in your listing. These images allow you to highlight the size and beauty of your residence. As a result, they may lead to many property showings in the near future.

Of course, before you take pictures of your home, you may want to clean both inside and outside. Remove clutter from inside your home and ensure each room looks pristine prior to taking photographs for a property listing. Meanwhile, you should take photographs that show off your house's dazzling front lawn, spacious driveway and other stunning exterior features too.

For those who want to craft a home listing that garners buyers' attention, you may want to collaborate with a real estate agent as well. This housing market professional can offer tips and recommendations to help you prepare an effective property listing. Plus, he or she can help you promote your residence to dozens of prospective buyers and ensure you can streamline the property selling journey. Best of all, a real estate agent is ready to respond to your house selling concerns and questions at any time.

Ready to create an effective home listing? Use the aforementioned tips, and you can craft a house listing that will help you distinguish your residence from the competition.




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