Fall Perspectives 2018: Our Pledge To You

Posted in Perspectives by Jill Jacobi Wood, OB Jacobi & Geoff Wood

Change is afoot. We suppose it always is, but doesn’t it all seem to come at us so much faster in today’s world? We see change all around us. Just consider, for a moment, how much technology has changed our lives thanks to innovators like Uber, Google, and Apple, to name a few. Technology has also changed the way we do real estate.

The real estate world is a complex environment that most of us only travel once every 10 years. This infrequency, coupled with the ever-changing laws and emotional toll, makes it very hard for most of us to navigate. That’s why we rely on a professional. Even those of us who live and breathe real estate every day use a Windermere agent to conduct our personal transactions.

Thanks to technology, certain aspects of the real estate process that were once difficult are now very easy, like searching for a home. Within minutes of a property being listed, it’s fed to websites all over the world for potential buyers to see. Information about neighborhoods, schools, and home values are also readily available online to help buyers make smart decisions.

There’s no doubt that real estate will continue to benefit from technology, but we’re concerned about the companies that are beginning to look at consumers less as people and more as data that can be generated and shared for monetary gain.

At Windermere, our agents don’t treat their clients like data points being fed into an algorithm; they know them on a personal level. They help buyers make one of the biggest financial and emotional decisions of their lives. They help sellers understand the nuances of the market so they can get top dollar for their home. They are experts in neighborhoods, market trends, contracts, and negotiations. They treat their clients with respect and compassion. And they care deeply about their local community.

As the saying goes, the more things change, the more they stay the same. Real estate is the perfect example of that. Technology will continue to change and improve how people buy and sell homes, but our pledge to you is that it will never replace what has always mattered most to us: relationships.

– OB JACOBI, JILL JACOBI WOOD, AND GEOFF WOOD

Posted on October 15, 2018 at 12:35 pm
Windermere Evergreen | Category: Buying & Selling, Colorado Real Estate, Conifer Real Estate, Evergreen Real Estate, Kittredge Real Estate, Lakewood Real Estate, Market News, Morrison Real Estate, Mountain Living, Pine Real Estate | Tagged , , ,

Outdoor Living Trends

Summer is just around the corner and there is no better way to prepare than indulging in some exciting backyard inspiration. Your outdoor living space can be more than just a place to spend time with family and friends; it can be your sanctuary as well. This year is the time to turn your backyard into your own personal vacation spot.

Sunken hot tub

If you don’t have a tub already, consider adding a sunken hot tub into your backyard with a deck of natural stone, tall grasses, and outdoor curtains for privacy.  Include pillar candles and some twinkling lights for ambiance.

Modern outdoor kitchen

If you entertain a lot, a kitchen is the ideal outdoor space for summer entertaining. Bring out your inner Bobby Flay with a cooking station that includes a high-end grill, refrigerator, wine chiller, and elegant washbasin. Round this all out with a concrete counter, bluestone tile floor, and stainless steel.

Outdoor theater

Nothing says summer like outdoor movies and your own personal drive-in. All you need is a projector to watch your favorite movie, some dangling lights in the trees, blankets, and pillows. You could also watch it from a hanging bench or my personal favorite, a floating bed.

Vegetable and fruit gardens

Gardening can go beyond being a relaxing pastime; consider growing your favorite foods and join the “farm to table” movement. In 2012, people spent $1.2 billion more dollars on food gardening than they did flower gardening. An easy way to incorporate this is to use blueberries as foundation plants or other fruits, such as raspberries. If you already have flowers planted, tuck a pepper plant or basil in between your flowers.

Reading nook

A reading nook outdoors is the perfect way to get lost in your favorite book or magazine. You can convert a small shed into a private reading spot, an arbor with a bench surrounded by clematis, or a relaxing hammock. These hideaway spots are what turn your home into a staycation resort.

Fire pits

Is your ideal summer situated by a campfire? Build a fire pit and enjoy s’mores in the comfort of your backyard. Use an old wine barrel, bricks, stones, or a concrete bowl. A lowered fire pit is great if you want to use sand for a beachy atmosphere. On a warm summer night a campfire sets just the right mood for outdoor fun.

Water features

Having a water feature in your backyard instantly creates a Zen space.  They can deflect unwanted attention by drowning out unwelcome sounds. Add a fountain, pondless waterfall, or small stream to complete the vibe.  If you want a smaller commitment, a shallow recirculating foundation will also do the trick. All you need is a simple foundation and recirculating pump.

To enhance your space with little to no cost, add dangling vines or twinkling lights as a finishing touch to create your backyard haven. Time is something there never seems to be enough of, but these low-maintenance enhancements will enable you to spend that time in your very own outdoor living space.

For more outdoor living ideas, follow our Pinterest board.

For more information on Windermere Evergreen, please contact us here.

Posted on March 4, 2018 at 12:58 pm
Windermere Evergreen | Category: Living | Tagged , , , , , , , , , ,

Decorating Your Home in Ultra Violet: Pantone Color of The Year 2018

Each year, design pros eagerly await the Color of the Year announcement from the experts at Pantone®. No matter what the hue, it’s always sure to make a splash—and home goods are no exception. From appliances and décor to tile and paint, manufacturers will start rolling out options to match (and complement) the Pantone Color of the Year.

Pantone® Ultra Violet is the pick for 2018. This is no shrinking violet: It’s a deep blue-purple that isn’t for the shy. No wonder that the Pantone announcement referenced icons known for showmanship like David Bowie, Prince and Jimi Hendrix.

Embracing a color this bold into your home might seem like a giant leap, but it could make a big mood difference in your home during the long, grey days of Seattle winters. We have assembled a few ways to incorporate Ultra Violet into your home – some large and some small.

Make an Entrance

Painting your front door adds instant curb appeal. Red’s a classic hue and teal is an up-and-comer, but this entry’s regal purple is a real knockout.

Set the Scene

Funny thing about purple: Though we tend to think of it as a scene-stealer, cooler shades in the blue-gray range can work almost like neutrals. Here, purple walls marry an eclectic mix of midcentury-inspired décor.

Look Around

You’ve seen the accent wall. How about the accent ceiling? A rich grape hue adds an unexpected twist to this bedroom’s gray walls and white trim. It gets extra punch from the peek of red seen through the doorway.

Consider Texture and Sheen

One secret to pulling off a jewel tone like these royal purple walls: Choose a matte finish. Shine plus color can be hard to pull off, but a flatter finish is, well, flattering.

Add Statement Furniture

If you’re planning on using Ultra Violet in a bedroom or living area, consider incorporating it in a piece of statement furniture. In this case, the piece will act as the focal point of the room, since it will undoubtedly capture plenty of attention. With that in mind, bed frames, ottomans and reading chairs are excellent options to fill this role.

Opt for Accessories

For those who are a bit nervous about jumping into a design full of intense shades, keep in mind that you can always incorporate Ultra Violet into your accessories. These are a great starting point because they generally include lower-cost items that can easily be replaced when your tastes change or if you decide you’re not a big fan of the look.

For more information on Windermere Evergreen, please contact us here.

Posted on February 13, 2018 at 9:41 am
Windermere Evergreen | Category: Living | Tagged , , , , , , ,

Indoor Air Quality Basics

Most of us tend to think of air pollution as something that occurs outdoors where car exhaust and factory fumes proliferate, but there’s such a thing as indoor air pollution, too.  Since the 1950s, the number of synthetic chemicals used in products for the home has increased drastically, while at the same time, homes have become much tighter and better insulated. As a result, the EPA estimates that indoor pollutants today are anywhere from five to 70 times higher than pollutants in outside air.

Luckily, there are many ways to reduce indoor air pollution. We all know that buying organic and natural home materials and cleaning supplies can improve the air quality in our homes, but there are several other measures you can take as well.

How pollutants get into our homes

Potentially toxic ingredients are found in many materials throughout the home, and they leach out into the air as Volatile Organic Compounds, or VOCs. If you open a can of paint, you can probably smell those VOCs. The “new car smell” is another example of this. The smell seems to dissipate after a while, but VOCs can actually “off-gas” for a long time, even after a noticeable smell is gone.

We all know to use paint and glue in a well-ventilated room, but there are many other materials that don’t come with that warning. For instance, there are chemicals, such as formaldehyde, in the resin used to make most cabinets and plywood particle board. It’s also in wall paneling and closet shelves, and in certain wood finishes used on cabinets and furniture. The problems aren’t just with wood, either. Fabrics—everything from draperies to upholstery, bedding, and carpets—are a potent source of VOCs.

The good news about VOCs is that they do dissipate with time. For that reason, the highest levels of VOCs are usually found in new homes or remodels. If you are concerned about VOCs, there are several products you can buy that are either low- or no-VOC. You can also have your home professionally tested.

How to reduce VOCs in your home

Make smart choices in building materials.

  • For floors, use tile or solid wood—hardwood, bamboo, or cork – instead of composites.
  • Instead of using pressed particle board or indoor plywood, choose solid wood or outdoor-quality plywood that uses a less toxic form of formaldehyde.
  • Choose low-VOC or VOC-free paints and finishes.

Purify the air that’s there.

  • Make sure your rooms have adequate ventilation, and air out newly renovated or refurnished areas for at least a week, if possible.
  • Clean ductwork and furnace filters regularly.
  • Install air cleaners if needed.
  • Use only environmentally responsible cleaning chemicals.
  • Plants can help clean the air: good nonpoisonous options include bamboo palm, lady palm, parlor palm, and moth orchids.
  • Air out freshly dry-cleaned clothes or choose a “green” cleaner.

Fight the carpet demons.

  • Choose “Green Label” carpeting or a natural fiber such as wool or sisal.
  • Use nails instead of glue to secure carpet.
  • Install carpet LAST after completing painting, wall coverings and other high-VOC processes.
  • Air out newly carpeted areas before using.
  • Use a HEPA vacuum or a central vac system that vents outdoors.

Prevent Mold.

  • Clean up water leaks fast.
  • Use dehumidifiers, if necessary, to keep humidity below 60 percent.
  • Don’t carpet rooms that stay damp.
  • Insulate pipes, crawl spaces, and windows to eliminate condensation.
  • Kill mold before it gets a grip with one-half cup of bleach per gallon of water.

We hope this information is helpful. If you would like to learn more about VOCs and indoor air quality, please visit: http://www.epa.gov/iaq/

For more information on Windermere Evergreen please contact us here.

Posted on February 9, 2018 at 9:56 am
Windermere Evergreen | Category: Living | Tagged , , , , , , , , , ,

New Year, Bold Home

“New year, new me” is so 2017. We thought we would change things up a bit because frankly, 2018 deserves better and so do you. This is the year to be bold. In fact, if there was a color named “bold” we would recommend it for your kitchen remodel. Once a month we will be showing you a different way to go bold with your home. These will be easy, inexpensive changes to add character and life to various rooms and spaces.

Our first? Colorful, crafty storage. Many New Year’s Resolutions include decluttering your life. Not only is this great for your house, but it can also be very therapeutic. However, instead of putting the same old containers or storage back on your shelves, opt for a modification. For those of you who are more DIY, try painting the lids of mason jars your favorite bright color. If you are more of an online shopper than DIY queen, we found some storage options that are cute and simple: These are the perfect solution to keeping your kids playroom tidy, while still feeling fun friendly. Try these for your office space that feels a little dull and in need of inspiration. If you’d rather do something more permanent, paint the back wall of your storage shelves, it adds dimension and character. If you don’t want to permanently color your bookcases, try fabric or wallpaper. If you choose wallpaper, tie in the color with the items that are filling the shelves (hint: match to your mason jars).

We’ve mandated that 2018 is the year to be bold, but to also have fun. So start by adding some color to otherwise boring old storage spaces! If you go bold with your home each month this year, you can bet that the ending of 2018 will be sweeter than last.

For more information on Windermere Evergreen and our team, please contact us here.

Posted on February 2, 2018 at 9:09 pm
Windermere Evergreen | Category: Living | Tagged , , , , , , , ,

New Home Construction Trends to Watch Out For

So what’s in?

  • Bringing the outdoors inside. Do this with larger glass windows or folding glass doors.
  • Minerals as hardware.
  • Large geometric tiles on floors.
  • Mixing metals, such as brass and gold.

Interior paint color – Grey still has a heavy influence, but it is warming up a bit and getting softened with a stone color. Of course, the Pantone colors of the year are playing a big part with light blues and soft pinks.

Wallpaper – Always a great place to get a little crazy. Textural, geometric patterns are so in.

Carpet – 2016 is about modernizing the traditional themes. People are doing geometric shapes and soft grays. However, hardwood floors continue to be on trend. It’s not uncommon for someone to do hardwood floors throughout the whole home, others are even putting wood on the walls. Fun fact: When the economy is good, floor color tends to lighten up, and when economy is bad, floors tend to darken.

Tile– Geometry, 3D textures, and extra extra extra-large tiles. Marble counter tops are still big and concrete is becoming more common in custom homes.

Cabinets – Many are painting them white with muted tones or contrasting wood tones. Mix and match. Get venturesome, but not reckless.

Lighting – Gold has come back in (don’t worry, not the gold of the 80’s). These are different from the pendants of last year; they’re brass and gold statement pieces. Remember: lighting is the jewelry of the home.

Plumbing – Plumbing is functional art. Brass, soft gold, and black (faucet) statement pieces are where it’s at.

We also learned that home owners are going bonkers for statement dining rooms. They love having a bold, fun place to entertain their guests. These are tying into a theme, which is: Nature luxe. Like we said earlier, it’s all about bringing the outside in. Yes, we’re seeing a lot of brave ideas and statement pieces going on, but it’s important to be subtle and do it in a tasteful way.

Gelotte Hommas Architecture kept the trend going with outdoor living. Seattleites think our climate is not the greatest for outdoor spaces, but according to Gelotte, with our mild winters and not-too-hot summers, we actually have the ideal climate for outdoor living… who knew! The most important thing to know about outdoor living is that it needs to flow from the inside to the outside. The space doesn’t need to be huge; a good rule of thumb is having your outdoor space roughly the size of your kitchen.

What’s being built? Modern, contemporary homes are still very much in demand. However, contextualizing a home into a neighborhood is really important so it doesn’t stand out too much. It’s about appropriate scale and size.

Multi-gen living is on the rise. Homes are being built to accommodate extended family which usually involves having an in-law suite. Also, bonus rooms are being made into living spaces.

When it comes to thinking green, most custom home clients are concerned with energy consumption, so they opt to get solar panels or geothermal heating.

That’s a wrap for the latest trends! How are you going to incorporate them in your home?

For more information on Windermere Evergreen and our team, please contact us here.

Posted on January 28, 2018 at 9:38 am
Windermere Evergreen | Category: Living | Tagged , , , , , ,

Selling your home: A step-by-step approach

Whether you’re starting a family, moving for your job, getting ready to retire or embarking on a new chapter in your life, when your home no longer suits your current situation, it’s time to think about selling it. Although this can be a bit complicated, with the help of your agent, you can minimize the hassles, get the best possible price, and shorten the distance between “For Sale” and “Sold”.

Price it right

If you want to get the best possible price for your home and minimize the time it stays on market, you need to price it correctly from the beginning. Your agent can give you a clear picture of your particular market and can provide you with a comparative market analysis (CMA). A CMA contains detailed information on comparable homes in your area, including square footage, date built, number of bedrooms, lot size and more. It lists pending sales and houses sold in your area in the past six months, along with their actual sale prices.

By comparing your home to similar homes in your neighborhood and reviewing their list prices and actual selling prices, your agent can help you arrive at a fact-based assessment of your home’s market price.

Prepping your house for sale

You want to make a positive first impression when you list your home for sale. Here are some tips on how to enhance your home’s best features:

Work on your curb appeal

Get rid of moss on your roof. Power wash your front walk, porch, deck and patio. Mow the lawn, trim the hedges, weed the flowerbeds and add spots of color with container plants. Clean all the windows inside and out and repair them if they don’t open and close easily.

Refresh, repair and repaint

This goes for interiors and exteriors. If you see peeling paint, add a fresh coat. If your living room is bright lime green, consider painting it a more neutral shade. Make necessary repairs. You don’t want to turn off a buyer with a dripping faucet, a broken doorbell, a clogged downspout or a cracked windowpane.

Deep-clean, from floor to ceiling

Clean rugs, drapes and blinds and steam-clean carpeting. Get rid of any stains or odors. Make sure kitchen appliances, cupboards and counters are spotless and that bathrooms shine.

Declutter and depersonalize

Clean, light-filled, expansive rooms sell houses. So be sure to downsize clutter everywhere in your home, including cupboards, closets and counters. You might also consider storing some furniture or personal items to make rooms look more spacious. Take advantage of views and natural light by keeping drapes and blinds open.

Make an impact on the market

If you want to sell your home, you need to go where the buyers are, and today they’re on the Internet. According to the National Association of REALTORS®, in 2012 90 percent of homebuyers used the Internet as an information source, and for 41 percent of homebuyers it was the first step in the home-buying process.

By working with your agent, you can list your home on Windermere.com and other relevant websites. He or she will put together a listing with attractive photos, an appealing description and all the information a potential buyer needs. Your agent will also market your house, which may include advertising, direct mail and open houses.

Show your house

After you’ve taken care of all the repairs and cleaning tasks outlined above, your home is ready for its close-up: an open house. It’s actually best for you and your family to leave when potential buyers are present so they can ask your agent questions. But before you go, you might want to:

·         Take your pets with you

·         Open the shades and turn on the lights

·         Light a fire in the gas fireplace

·         Bake cookies

·         Keep money, valuables and prescription drugs out of sight

Be flexible in negotiating

If you get offers below your asking price, there are a number of strategies you can try in your counteroffer. You could ask for full price and throw in major appliances that were not originally included in the asking price, offer to pay some of the buyer’s fees, or pay for the inspection. You could also counter with a lower price and not include the appliances. If you receive multiple offers, you can simply make a full-price counter.

Your agent can suggest other strategies as well and help you negotiate the final price.

If your house doesn’t sell or you’ve received only lowball offers, ask your agent to find out what these prospective buyers are saying about your house. It might reveal something you can consider changing to make your house more appealing in the future.

Breeze through your inspection

When a buyer makes an offer on your home, it’s usually contingent on a professional inspection. A standard inspection includes heating and cooling, interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; and the foundation, basement and visible structure. The inspector will be looking for cracks in cement walls, water stains and wood rot.

You can always opt for having an inspection done prior to putting your house on the market, so you can address any potential problems in advance. Your agent can give you several recommendations for qualified inspectors in your area.

Close with confidence

Whether this is your first time or your tenth, your agent can help guide you though the complex process of selling a home. Moreover, he or she can answer any questions you may have about legal documents, settlement costs and the status of your sale.

Your agent’s expertise, resources and extensive network also work for you when you’re buying your next house. Even if you’re moving out of the area, your agent can refer you to a professional agent in your new community.

If you have questions about the buying or selling process, or are looking for an agent in your area, we have professionals that can help you. Contact us here.

 

Posted on December 11, 2017 at 9:06 am
Windermere Evergreen | Category: Buying & Selling | Tagged , , , , , , , , , ,

Personalize Your Home with Christmas Tree Centerpieces

December is a busy month with Christmas around the corner, so I try to do as many tasks in advance as I can — if not my shopping, at least my decorating!

In November, I decide on my decorating theme for the season. I like to introduce a few new decorations every year — this year, I chose an abundance of artificial trees.

Artificial trees come in a variety of sizes and color options. Choose from natural shades of green to frosted white to whimsical pink and silver. I used a trio of 15-inch snowy pines “planted” in galvanized tins, but you can opt for larger trees depending on the size of your table and room. If you have a large dining table and high ceilings, trees as large as two or three feet add a dramatic look that’s perfect for holiday parties. If you choose pre-decorated trees, you’re already halfway done!

I added two more trees to complete the table: a large 18-inch pine and a matching mini version. Having similar items of varying heights makes any display more interesting. I used vintage books with faded red covers to add height to the arrangement, then finished with red and white ornaments, snowflakes and a red table runner to make everything more festive.

I decorated the mini tree simply, with just a gingham ribbon and used a piece of quilt batting as the “snow” surrounding each tree. A Christmas scene wouldn’t be complete without candlelight, so I made candle rings from a decorative red and white garland twisted around petite candle tapers.

If you want to extend your tablescape, try these other centerpiece ideas:

  • Light up the room with battery-powered lights strung on each tree.
  • Decorate artificial trees in a color scheme that matches your room’s decor. It may be Christmas, but that doesn’t mean everything has to be red and green!
  • Have a small decorated tree at each place setting at your dining room table. Host a dinner party and have your guests take the trees home as party favors.

It doesn’t take much to create a “tree-mendous” centerpiece that you and your guests will love.

For more information on Windermere please contact us here.

Posted on November 29, 2017 at 10:12 pm
Windermere Evergreen | Category: Living | Tagged , , , , , , ,

Make Your Move

Moving is stressful, whether it is across town or cross-country.  Once you have closed on your house, the reality of packing, moving, and setting up a new home can become overwhelming. While no list can make a move “stress-free”, planning ahead and staying organized can help make your move a little smoother.  Here is our list of tips:

Getting started:

· Once you know your prospective move date set up a quick timeline to make sure you can get all the important tasks done and ready in time for your move.

· Consider how much stuff you have by doing a home inventory. This can help you decide whether you need to hire movers to help you or if you will be managing your move on your own. Many moving companies supply inventory lists to help you assess the size of truck you will need.  You can use your list as double duty for insurance purposes later.

· As soon as you decide how you will be moving, make your reservations. In general, moving companies and truck rental services are over-booked at the beginning and very end of the month.  If you are planning on hiring a moving company, contact a few in your area for a price quote. To find companies ask your real estate agent, family, or friends, and consult online reviews.  It is also a good idea to request a quote and compare companies.

Preparing for your move:

· Moving is a great opportunity to get rid of clutter, junk, or outdated items. Set aside some time to sort through your closets, storage spaces, files, drawers, and more.  Go through cluttered areas and organize items by “keepers”, “give-aways” and “garbage”. You will have less to pack and an opportunity to update after you move. Contact a local nonprofit organization for your donations; some will arrange to pick up larger donations like furniture. If you have items of value, eBay or craigslist are good options.

· Changing your address is one of the more tedious tasks in the moving process. You will need to change your address with the United States Post Office. You can find the online form here: https://moversguide.usps.com/icoa/icoa-main-flow.do?execution=e1s1.

· You will also need to change your address with each account you have. Here is a list to get your started:

· Employers

· Bank(s)

· Utilities (Electric, Water/Sewage, Oil/Gas)

· Cable/ Telephone

· Cell phone service

· Credit Cards

· Magazine subscriptions

· Insurance companies (auto, home/renters, health, dental, vision, etc.)

· Pharmacy

· Other personal services

Let the packing begin:

· Before you start packing, it may help to visualize where everything you have will go. Perhaps furniture will fit better in a different room? Consider the floor plan of your new home and figure out what will go where. This will aid in packing and labeling as you box everything up.

· Use a tool like floorplanner.com to plan where furniture and items will go.

· When it comes to packing you have some options. You can work with a service that provides reusable boxes for moving or you can reuse or purchase cardboard boxes.  Make sure you have enough boxes, packing tape, dark markers, and packing paper.

· Pack rooms according to your floor plan. Label boxes with contents and room. This will make it easier to unpack your home, knowing where everything is going.

· Real Simple magazine has some great tips on packing for your move.

· If you have to disassemble any of your furniture, make sure you keep all the parts and directions together.

· Make sure you set aside your necessities for the day you move. Being tired and unable to take a shower or make your bed can be hard at the end of a long moving day. Here are some ideas of what you may like to pack in your “day-of-move” boxes.

· Clean linens for the beds, pillows and blankets

· Clean towels

· Shower curtain, liner and hooks

· Toiletries, hand soap, tooth brush, etc.

· Disposable utensils, cups, napkins, etc

· Rolls of toilet paper

· Snacks and water

· Change of clothes

· Tools for reassembling furniture, installing hardware, and hanging photos

Making your move

· Come up with a game plan with your family, so everyone has a role and a part to play

· Once the house is empty, do a once over on your old place to make sure it is clean for the next owners/occupants. Here is a useful checklist for cleaning.

Warming your new home

· Once you have settled into your new home, warm it up by inviting friends and family over to celebrate. Here is a great infographic about housewarming traditions and symbolism.

· Announce your move to far-away friends and family through moving announcements to make sure you stay on the holiday card mailing list.

If you are looking for a qualified Real Estate Agent please contact us here.

Posted on November 17, 2017 at 10:05 pm
Windermere Evergreen | Category: Buying & Selling | Tagged , , , , ,

How to Avoid the Most Common Buying/Selling Mistakes

There’s nothing more exciting, rewarding, and fulfilling than buying a home. However, it’s a complex transaction, and there are a number of steps along the path that can confuse, betwixt, and befuddle even the most seasoned buyers and sellers.

How can you avoid those potential pitfalls and common mistakes? Look to your real estate professional for advice and keep these guidelines in mind:

BUYERS:

#1 Review your credit reports ahead of time

Review your credit report a few months before you begin your house hunt, and you’ll have time to ensure the facts are correct, and be able to dispute mistakes before a mortgage lender checks your credit. Get a copy of your credit report from Experian, Equifax, and TransUnion. Why all three? Because, if the scores differ, the bank will typically use the lowest one. Alert the credit bureaus if you see any mistakes, fix any problems you discover, and don’t apply for any new credit until after your home loan closes.

#2 Get pre-approved

Before getting serious about your hunt for a new house, you’ll want to choose a lender and get pre-approved for a mortgage (not just pre-qualified—which is a cursory review of your finances—but pre-approved for a loan of a specific amount). Pre-approval lets sellers know you’re serious. Most importantly, pre-approval will help you determine exactly how much you can comfortably afford to spend.

#3 Know what you want

You and your real estate agent should both be clear about the house you want to buy. Put it in writing. First, make a list of all the features and amenities you really want. Then, number each item and prioritize them. Now, divide the list into must-haves and really-wants. A good place to start is the “HUD Wish List,” which is available online.

#4 Account for hidden costs

In addition to the purchase price of the home, there are additional costs you need to take into consideration, such as closing costs, appraisal fees, and escrow fees. Once you find a prospective home, you’ll want to:

  • Get estimates for any repairs or remodeling it may need.
  • Estimate how much it will cost to maintain (gas, electric, utilities, etc.).
  • Determine how much you’ll pay in taxes monthly and/or annually.
  • Learn whether there are any homeowner or development dues associated with the property.

#5 Get an inspection

Buying a home is emotionally charged—which can make it difficult for buyers to see the house for what it truly is. That’s why you need impartial third parties who can help you logically analyze the condition of the property. Your agent is there to advise you, but you also need a home inspector to assess any hidden flaws, structural damage or faulty systems.

#6 Evaluate the neighborhood and location

When house hunting, it’s easy to become overly focused on the number of bedrooms and bathrooms, the condition of the home and its amenities while overlooking the subtleties of the surrounding neighborhood. Take time to check crime reports, school options, churches and shopping. If schools are a key factor, do more than simply research the statistics; speak with the principal(s) and chat with the parents waiting outside.

SELLERS:

#1 Avoid becoming emotional or sentimental about the sale

Once you decide to sell your house, it’s time to strip out the emotion and look at it as a commodity in a business transaction. If you start reminiscing about all the good times you had and the hard work you invested, it will only make it that much harder to successfully price, prepare, and market the home.

#2 Fix problems (or price accordingly)

Homes with deferred maintenance and repair issues can take far longer to sell and can be subject to last-minute sale-cancellations. These homes also often sell for less than their legitimate market value. If you simply can’t afford to address critical issues, be prepared to work with your agent to price and market your home accordingly.

#3 Don’t overprice your home (and/or refuse to negotiate)

Getting top dollar is the dream of every seller. But it’s essential that you let the market dictate that price, not your emotions or financial situation. Allow your agent to research and prepare a market analysis that factors in the value of similar homes in the area, and trust those results.

#4 Use quality photos

The vast majority of prospective buyers today search for homes online first. In order to make a good first impression, you need a wealth of high-quality photos of your home and surrounding grounds. You may also need to consider professional staging in order to position your home in the best possible light for prospective buyers.

The process of buying or selling a home can have plenty of twists and turns, but with some smart decision making, you can avoid the most common mistakes and pitfalls. Windermere Evergreen is here to help!

Posted on October 29, 2017 at 8:14 am
Windermere Evergreen | Category: Buying & Selling | Tagged , , , , , , , , , , , ,