Factors to Consider When Pricing Your Home to Sell

Do your research, choose your listing price, and watch the buyers line up. Unlike the cost of a gallon of milk or a flat-screen television, a home’s price can be hard to pin down. It’s complicated because each home is unique, and has its own story to tell. When it comes to setting the price of a house, the only thing to do is to look at the recent sales and active listings of similar homes in your area. Combine this research with the inside market knowledge of a local real estate agent, and you can confidently choose your list price. Here are some …

How to Get a Mortgage and Change Jobs at the Same Time

Relocating for a new job can be a challenge to navigate, especially when juggling a mortgage. Review the details that matter to your lender. It’s true that changing jobs can affect your loan approval, but, like most mortgage-related questions, the devil is in the details. So long as you are moving from one position to one with equal or higher income, and you are able to provide documentation of your work and income history, any changes to your loan approval chances should be minimal. The most important thing for lenders and their underwriters is ensuring you can repay the loan, …

Resources for Indian River Locals

The Sand & Land Real Estate Team list of top local resources.   City of Vero Beach   http://www.covb.org/ Area maps, calendar of events, road construction updates, and many of the current activities in and around Vero Beach. Also to start, stop, or change electric service.   Comcast Cable       http://www.comcast.com/customer-home/ Starting, stopping, changing cable service, reporting trouble, service questions.   Disaster Preparedness for Indian River County   http://www.irces.com/ This site provides information for hurricane and other emergency preparedness provided by Indian River County.   Florida Power and Light  https://www.fpl.com/ Starting, stopping, changing service, billing questions, reporting outages.   Indian River Chamber of Commerce   http://www.indianriverchamber.com/ This site provides …

10 Things You Need to Do When Buying A Home

A home is often the biggest financial investment you’ll make in your lifetime. In fact, a recent Zillow analysis reports that the typical American homeowner has 40 percent of their wealth tied up in their home. 1. Buy for the long run A home is a significant investment, not to mention a linchpin of stability. According to the Zillow Group Consumer Housing Trends Report 2017, the majority of Americans who sold their homes last year had lived in their home for at least a decade before selling. Some are even staying for the long haul. Almost half (46 percent) of all homeowners are …

When Selling a Home, the Neighbors Matter

Getting on the neighbors’ good side can be an essential part of your sales strategy. Few sellers consider their neighbor’s home when preparing to sell their own. Why would they? Their biggest concern is getting the soon-to-be-listed home painted, cleaned and landscaped for great curb appeal. But all that effort could be for nothing, if just one of your neighbors doesn’t care much for appearances. If you find the neighbor’s home unappealing, imagine your potential buyer’s first impression. The fact is, your neighbor’s unsightly property can diminish your own home’s curb appeal, no matter how much you’ve done to improve it. The …

7 Qualities of a Good Neighbor

Win and woo your next-door friends with a little neighborly know-how. If you want good neighbors, you’ll first have to become one yourself. Master these seven techniques, and even you (yes, you!) can win the approval of your entire neighborhood. 1. Good neighbors bring cookies Whether you’re new in town or haven’t kept in touch, a delivery of freshly baked goods is a perfect way to break the ice and let neighbors know that you’re thinking of them. If cookies can keep Santa returning year after year with a bag full of loot, then surely they can train your neighbors …

5 Expenses Homeowners Pay That Renters Don’t

Thinking about buying? Be sure to include these five items in your calculations. Homeownership may be a goal for some, but it’s not the right fit for many. Renters account for 37 percent of all households in America — or just over 43.7 million homes, up more than 6.9 million since 2005. Even still, more than half of millennial and Gen Z renters consider buying, with 18 percent seriously considering it. Both lifestyles afford their fair share of pros and cons. So before you meet with a real estate agent, consider these five costs homeowners pay that renters don’t — they could make you …

3 Things to Do When Your Neighbors List Their Home for Sale

The sign just went up next door. How does your neighbor’s impending sale affect you? Most people think their real estate concerns end once they’ve closed on and moved into their new homes. But when a neighbor’s house goes on the market, there can be some important implications for you. Here are some tips for staying real estate aware. 1. Document important disclosure items For the most part, good fences make good neighbors. But sometimes the folks on the other side of the fence don’t cooperate, and unresolved neighbor conflicts tend to arise when one of the homes goes on …

5 Mortgage Misconceptions Set Straight

Looking for a home loan? Get your facts straight so you can proceed with confidence. Getting a mortgage can be a breeze or a slog, depending on what you know about the process. To get organized and set your expectations properly, let’s debunk some common mortgage myths. 1. Lenders use your best credit scores If you’re applying for a mortgage jointly with a co-borrower, logic suggests that your lender would use the highest credit score between both of you. However, lenders take the middle of three credit scores (from Equifax, TransUnion and Experian) for each borrower, and then use the lowest …