Tuesday, March 29, 2016

5 real estate season tips for Keller homeowners



Spring is here! This season of new beginnings also marks the start of the year’s busiest real estate period. According to the Federal Home Loan Mortgage Corporation, the housing market in 2016 is set to be quite active with a 3 percent increase in total home sales compared to the previous year. If you’re planning to enter the housing market in Keller this year, buying or selling a home is a big decision and you can count on plenty of competition. To ensure you make the correct home buying or selling decisions, it’s important to do your research and arm yourself with valuable information.

Buying or selling a home is one of the most important transactions most consumers will make in their life. A home warranty not only helps protect a home's systems while it’s on the market, but also helps provide buyers with additional confidence in their purchase. For an already financially stretched homebuyer, it’s important to know that a home warranty covers what homeowners insurance doesn’t – the repair/replacement of home system appliances
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To help you make the most of the spring home season review these tips.

Sellers: improve curb appeal. First impressions matter. Take your home’s exterior from drab to fab. Trim shrubs, mow the lawn and remove all dirt/debris from around the outside. Make sure the house numbers, mailbox and lighting fixtures near the front door look inviting. Add plants and comfy furniture to the porch for a welcoming touch.

Sellers: optimize the space. Add the illusion of extra square footage by using the same paint in a lighter shade across rooms to create a seamless transition. Remove family photos and any customized decorations so the buyer can picture living in the home. Be sure to keep the master bedroom gender neutral. Lastly, have a professional cleaner shine the home, especially often-neglected areas like carpets, ceiling fans and baseboards to make a bigger impact.

Buyers: do your homework. Narrow your home search to particular areas and neighborhoods that appeal to you with regard to housing prices, school districts and work commuting times (i.e. Keller, Keller ISD). Determine your budget and stick to it. Familiarize yourself with the real estate market and your rights as a homebuyer. Know your credit score and take steps to improve it, if necessary.

Buyers: ask the right questions. Don’t be afraid to directly ask the seller “what’s wrong with the house?” Ask to see disclosure forms around any issues with the house and check the age/condition of major home systems, like heating, plumbing, electrical and air conditioning — this can cut your costs in the long run.  Additionally, an independent professional home inspection is highly recommended. This is an investment that can pay for itself many times over, especially if hidden defects are found.

 
Whether it's selling your home or finding a new one, we have designed this site so that you can quickly and easily locate the information you are looking for. The Grove Team's client-centered approach results in the best possible outcome for you. Please contact us now to begin the process of achieving your dreams in home ownership

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