Tara Padula Cassery's Blog
Listing a home may prove to be challenging, particularly for a first-time house seller. Fortunately, there are lots of things you can do to prepare for the housing market.
Now, let's take a look at three tips to help you get ready to list your home.
1. Upgrade Your Home's Curb Appeal
How your home looks to prospective buyers will have major ramifications on your house selling experience. If you allocate time and resources to enhance your residence's curb appeal, you could help your house stand out to potential buyers.
To boost your home's curb appeal, mow the lawn, trim the hedges and perform other home exterior upgrades. Also, you should repair any cracked or damaged home siding.
Don't forget to clean your home interior, too. If you mop the floors, wipe down countertops and perform other house cleaning, you can help buyers fall in love with your residence as soon as they walk through the front door.
2. Craft an Engaging Home Listing
Why should you be forced to settle for an "ordinary" home listing? Instead, explore ways to differentiate your home listing from all others.
To create an engaging home listing, you should highlight your home's strengths. If your residence provides convenient access to local parks and attractions, for instance, you may want to include this information in your listing. Or, if your residence boasts a beautiful swimming pool, you may want to include photos of your pool in your listing.
In addition, provide accurate information about your home in your listing. This ensures homebuyers can make an informed decision about whether your house matches or exceeds their expectations.
3. Hire a Real Estate Agent
When it comes to listing a home, there is no reason for a seller to work alone. If you hire a real estate agent, you can get the help you need to seamlessly navigate the house selling journey.
A real estate agent is happy to meet with you, evaluate your residence and help you determine if your house will generate significant interest from buyers. He or she can provide tips and recommendations to help you upgrade your house before you list it. Plus, a real estate agent will provide expert guidance at each stage of the house selling journey so you can optimize your home sale earnings.
Let's not forget about the assistance that a real estate agent provides after you receive an offer to purchase your home, either. At this point, a real estate agent can help you decide whether to accept, reject or counter this proposal. And if you accept the offer to purchase, your real estate agent then will help you finalize your house sale.
If you are preparing to list your home, it helps to plan ahead for the house selling journey. Thanks to the aforementioned tips, you can get your house ready for the real estate market. And as a result, you could boost the likelihood of enjoying a fast, profitable home selling experience.
If you’re hoping to buy a home in the near future there are several financial prerequisites that you should aim to meet. Ideally, you’ll want a sizable down payment, a verifiable income history, and a good credit score.
It takes time to build credit. For most people, it can be several months or even years before they see a double-digit change in their credit score. However, if you have a low credit score and want to give it a quick boost, there are ways you can make a big difference.
But first, why should you focus on your credit score?
Credit scores and mortgages
When you apply for a mortgage there are several factors that your lender will take into consideration. One of their top concerns will be your credit score. This score is like a snapshot of your financial reliability. It tells lenders how much risk is involved in lending to you.
As a result, lenders will increase your interest rate if you are high risk and lower it if you are lower risk. To be a low risk homeowner, you’ll want your score to be in the high range, (usually 700 or above).
Credit change potential
Depending on your financial history, it can be more difficult to raise your score in a shorter period of time. If you are young, don’t have a long credit history, or haven’t had many bills to pay in your lifetime, your score will be more malleable than someone who has had low credit for years due to late payments.
In the United States, you have to be eighteen to open up a credit card or take out a loan by yourself (this is different from getting a loan co-signed by a parent or guardian). You can also ask your parents or guardians to add you as an authorized user of their credit cards. This will let you build credit without having to settle for the high interest rate credit cards you would be eligible for.
If you happen to have a low score (anywhere between 300 - 600), the good news is you can achieve a larger change over a shorter amount of time than someone who already has a high score.
So, how do you achieve that change?
One of the easiest ways to quickly improve your score is to check for errors in your credit report. You can get a free report each year from the three main credit bureaus--Equifax, TransUnion, and Experian.
Look out for bills that have been mistakenly put under your name and for collections that shouldn’t be on your account.
Avoid new credit
One thing that can do short-term harm to your credit score is opening or attempting to open new lines of credit. That can be a store card, a loan, or getting your credit checked by a lender.
If you want to build credit quickly, making several inquiries could land you with a lower score than where you started.
Pay your regular expenses with credit
A good way to gain credit points in a few months is to pick a monthly expense to use your credit card for. Pay off your full balance at the end of each billing cycle to earn the most points while avoiding building up too much interest.
79 Ruggles Street, Westborough, MA 01581
6 Buron Terrace, Auburn, MA 01501
Major corporations can change nearly everything about their surrounding areas and their effect on residential real estate can be truly substantial. The concentration of wealth in areas like Silicon Valley and Seattle has influenced even the most basic properties, causing otherwise unremarkable homes to be worth over a million dollars based on their location alone. We'll look at the patterns of residential real estate from the past and the predictions of the future.
The Boom & Cool
Much like the stock market, there's a flurry of activity in the real estate market when anticipation is in the air. Just the announcements that Amazon's HQ2 would be in Long Island City caused a major influx in properties both in and around the area. But the long-term effects for real estate aren't quite as extreme.
Once Amazon switched their allegiance to Arlington, the value of the Long Island City cooled back down to its original levels. Even in the D.C. area, the effects have been moderate. After a year, Arlington saw some increases in value for homes near the future campus, but its mid-2030s arrival is causing some degree of hesitation for owners and developers.
The Steady Rise
The areas that see a steady climb are typically those that bring in a stream of businesses. These cities and towns attract diverse populations who contribute their talents and create a personality that others want to be a part of. Los Angeles made headlines for becoming its own haven for tech talent, creating the so-called Silicon Beach that spans through Santa Monica, Hermosa and Venice.
Google, YouTube, Snap, Inc. and Hulu are just a few corporations with offices in Silicon Beach. With San Francisco pricing even successful companies out of the market, the demand for luxury real estate in the LA area has increased due to the influx of well-paid engineers, developers and leaders.
A single industry, such as oil or tech, can quickly raise the average salary to epic proportions. In Gillette, WY, a city dominated by fossil fuels, the average cost of a home increased from $236,978 to $272,100 over the course of just 7 years. So while Arlington may not have seen the immediate jump they were looking for, it may only be a matter of time.
You can see prices being pushed up all over the country due to corporate investment. From Boston to Miami, it starts with the areas directly surrounding the area of the business before being pushed out to the suburbs and beyond.