How to Make a Competitive Offer Against All-Cash Home Buyers

Buyers who aren’t paying cash for a house aren’t necessarily out of luck. Here’s how you can gain an edge over cash buyers. Buyers making a cash offer on a house are active in many markets, and they can strike fear in new buyers who are bidding on a home. Cash home buyers can perform and close quickly and provide sellers with a sense of comfort. But does this mean a solid buyer putting down 20 percent or more shouldn’t attempt to compete with cash home buyers? Absolutely not. What if you can’t make a cash offer on a house? …

A 3-Step Plan for Finding and Buying Your Next Home

Ready to start your home search? Here’s where to begin. Chances are you’ve considered buying a home — maybe you even attended a couple of open houses and ran the numbers. But once you get serious, there are a few points you need to consider before signing a contract and heading to your closing. Buying a home takes more time and research than, say, buying a tablet or smartphone. Before diving in, it’s important to understand the process. Every home buyer’s journey happens on a slightly different timeline, but here are some steps every prospective buyer should take. 1. Search and discover The …

4 Surprising Things That May Increase How Much Your Home Is Worth

Does your home offer any of the perks some buyers will pay more for? For most Americans, their home is their most important financial asset. But in the past, homeowners only knew how much it was worth when they bought or sold their home. Zillow was founded to democratize this sort of information — starting with the Zestimate, Zillow’s estimated market valuation tool. To understand how much your home is worth, it’s important to understand the variety of factors that go into assessing the value, both existing (assessed and appraised) value, as well as potential real value on the market. The …

3 Weird Things You Can Ignore When Home Shopping

Ugly paint colors? Treadmill in the kitchen? Creepy family portraits in every room? Don’t let it bug you. In 15 years of real estate, I can honestly say that I’ve seen it all. Toilet seats up in listing photos, shag carpet covered with dog hair, bedrooms doubling as marijuana growing centers, and avocado green appliances from the ’70s. Sellers aren’t required to get their homes in their best condition before showing them — let alone cleaning their home before listing. But one seller’s laziness can spell a giant upside for the right buyer. Here are three sights that may be off-putting when you’re shopping for …

3 Reasons Why a Real Estate Agent Is a House Flipper’s Best Friend

Renovate your concept of flipping a home by teaming up with a real estate agent. Flipping houses isn’t just about visualizing how to change a home; it’s also about being able to actually sell the house when you’re done renovating. Whether it’s your first flip or your 30th, having an experienced real estate agent on your team can boost your likelihood of success significantly. Debbie Cederlind and Lora Lindberg — Seattle house-flipping pros and owners of Urban Squirrel — say their real estate agent, Jennifer Reyer, has played a huge role in their business. The three women met back in 2010 when Reyer was helping …

This Checklist Is the Key to Taking Care of Your Home (Without the Stress)

2018 is going to be your home’s cleanest, most organized year yet. Here’s an easy way to get on top of your home maintenance checklist in the new year: Take it one small chunk at a time! Little steps add up to big results. And if you dedicate some time to home maintenance — two hours a week, an afternoon per month and a couple of days a year — your home will remain in tiptop shape this year. Here’s our easy-to-follow checklist: Weekly home maintenance Your weekly home maintenance ritual will be largely determined by the features of your …

5 New Year’s Resolutions That Can Help You Buy a Home in 2018

New year, new home? Whip your financial resume into shape to improve your home-buying odds. Thinking of buying a home this year? We compiled five New Year’s resolutions that can help you keep your financial resume in tiptop shape. 1. Avoid job hopping Employment history and income are two of the biggest factors lenders look at when evaluating a mortgage application. A new job may be a good career move, but if you plan to buy a home in 2018, know that it can be a red flag to some underwriters — especially if you’re moving to a different industry. A …

5 Home Design Trends for 2018 (and 3 Fads That Need to Go)

Thought that all-white kitchen was timeless? Think again. Home design trends come and go — and in 2018, one look that’s on its way out could actually cause your home to sell for less. Here’s a look at five design trends you’ll be seeing more of in 2018, and three it’s time to kiss goodbye (especially if one of your New Year’s resolutions is to sell your home). Trending in 2018 Floral prints Interior design experts predict floral prints in bold, contrasting colors will make a big comeback in 2018, particularly on large billowing fabrics, like drapery, as well as chairs …

Home Price Predictions Get an Unexpected Bump: Is 2018 the Time to Sell?

Housing experts recently upped their predictions for the real estate market in 2018, predicting home prices to rise 4.1 percent as opposed to the originally anticipated 3 percent. The 2017 Q4 Zillow® Home Price Expectations Survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 housing experts, market strategists, and economists about their expectations for the U.S. housing market in 2018 and beyond. The revised pricing prediction is based largely on the ongoing inventory shortage. According to the quarterly survey, the number of homes for sale in the United States has fallen on an annual basis for …