7 New Year’s Pledges for Home Sellers

7 New Year's Pledges for Home Sellers

The New Year is a time for resolutions. If you're thinking about selling your home in 2015, here are some resolutions that could help boost your chances of a quick sale.

Repeat to yourself: "I pledge to…"

  1. "Avoid drastic design changes"
  2. "Stop neglecting the drippy faucet"
  3. "Price my home reasonably"
  4. "Make my home inviting"
  5. "Thin out the clutter"
  6. "Clean like I've never cleaned before"
  7. "Nail down my next step"

To see the complete story please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Staging Decisions – 8 Shockingly Bad ones

Staging 8 things you want to Avoid

Real estate is an intensely personal experience for many buyers and sellers. After all, a home, at its core, is a personal expression of a homeowner’s entire life wrapped inside four small (okay, sometimes not so small) walls

And while, ultimately, buyers should be more focused on the bones of the home—the things that will stay after the current owner has vacated—staging can often be the difference between a buyer bonanza and a dearth of hot offers. Don’t let your sellers suffer at the hands of poor staging.

It may be challenging, but a little tough love now, will make for a love fest post-sale—after the big offers come flying in. Here are 8 of the biggest staging sins sellers make and how agents can help their sellers avoid these pitfalls before it costs them a sweet deal.

1. Collection Overload
2. Echo-Chamber Staging

3. Failure to Edit

4. Silly Scenarios

5. The ‘Lived-in’ Look

6. Closet Cramming

7. Failing to Stage for All the Senses

8. Not Staging at All

To see the complete article please visit http://TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Small Bathroom 6 Ways to Make it Appear Larger

Small Bathroom 6 Ways to Make it Appear Larger

Small Bathroom 6 Ways to Make it Appear Larger

 

In nearly everyone's home there's one room in particular that is smaller than the rest, and that's the bathroom. There's a way around that though, or at least to make it appear to be larger than it is, and that's by using a little visual deception, and a lot of creativity. Here's a few ideas to get you started.

  1. Wall Color Is Key
  2. Mirror, Mirror on the Wall
  3. Transparency Is a Good Thing
  4. Be Less Vain
  5. Light It Up
  6. Be More Open

To see the complete article and more in depth explanation of these ways to make a Small Bathroom 6 Ways to Make it Appear Larger. Please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

What Goes Into Making an Offer Below Asking Price

What Goes Into Making an Offer Below Asking Price

What Goes Into Making an Offer Below Asking Price

You’ve found a house you love. It’s the perfect size, layout, condition and even has your must-haves. There's only one problem. The seller’s asking price is too high. It's time for the phase of home buying that most people dread and even fewer are skilled at: the art of negotiation.

Make no mistake, negotiation is part skill and part art form. An experienced buyer’s agent will know how to finesse the contract negotiations and save you a lot of hassle. Your gut might tell you that the asking price for the house is too much, but you'll have a better chance of getting a lower offer accepted if your agent can back it up with facts.

A few key elements:

  1. Comparables and Statistics
  2. Following a Process
  3. Seller Motivation
  4. Making Your Lower Offer Work for Them
  5. Making the Asking Price Work for You
  6. A Backup Plan
  7. The End Game

To see the complete story and more in depth explanation of these key elements please visit www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Tips for Getting a Mortgage on Your Second Home in the Tampa Bay Area

Tips for Getting a Mortgage on Your Second Home in the Tampa Bay Area 

Are you considering buying a Tampa Bay Area property as a second home or investment? Perhaps you are looking for a small cottage or apartment where you can escape for vacation, or maybe you want to have another home closer to family. Maybe you want to rent out your second property and make a steady income from your investment. Whatever the reason, a second piece of real estate can be a fantastic investment. However, sometimes getting a mortgage on your second home can be a challenge. That is why we wanted to share some tips for getting a mortgage on your second home in the Tampa Bay area to enable you to get a mortgage on your new second home.

                                                                                         Tips for Getting a Mortgage on Your Second Home in the Tampa Bay Area

Generally, a mortgage lender will have tougher standards for second home loans than primary home loans. This is because usually when you are buying a second home your finances will be stretched thinner and you will have less money to spare because you are already paying a mortgage on your primary home. This will mean that your second home mortgage can be harder to get and might have a higher interest rate.

Here are some tips to keep in mind that will help you to get the best mortgage on your second property:

  1. Build up savings
  2. Pay off Credit Card Debt
  3. Use First Mortgage as Reference

To see the complete article Tips for getting a Mortgage on your Second Home in the Tampa Bay Area please visit www.TampaHomesSold.com/Nick-Cindy-Davis/Blog.aspx

 

Home Inspector Questions to ask before Buying

Home Inspector Questions to ask before Buying

When you buy a Tampa Bay Area home, you need to know exactly what you’re buying. Imagine how frustrated you’d be to find out that the hot water heater wasn’t working—in the middle of a shower! This is why you should have a home inspection before you buy your home. A home inspection is an important part of buying your home. Before you hire a home inspector, ask candidates a few questions to make sure you hire a trustworthy inspector.

  1. What does your inspection cover?
  2. Are you licensed or certified?
  3. What kind of report will you give me?
  4. Will I be able to attend the home inspection?

We will go more in depth into each of the questions. Please visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

Refinancing your mortgage is it worth it?

Refinancing your mortgage is it worth it?

Refinancing your mortgage is it worth it

Refinancing your mortgage is it worth it

The interest rate pendulum has swung in favor of homeowners again.

A steady decline in recent weeks brought down the average rate for a 30-year fixed home loan below 4 percent to 3.92 percent this week, the lowest level in more than a year. As recently as January, the average was 4.53 percent, according to mortgage giant Freddie Mac.

That’s good news for homeowners who are locked in at a higher interest rate and weren’t able to refinance before rates began ticking up last year. The decline in mortgage rates has spurred a surge in mortgage refinancing. Applications reached their highest level since November 2013 last week, according to the Mortgage Bankers Association.

A reduction in your mortgage interest rate can translate into significant savings. The key is ensuring they aren’t outweighed by the charges and fees involved.

“You want to be careful to do the math and be sure you’re coming out ahead,” said Gary Kalman, executive vice president at the Center for Responsible Lending.

Here are some tips to help you determine whether refinancing your mortgage will pay off:

  1. UNDERSTAND THE FEES
  2. GET A LOW-ENOUGH RATE
  3. DO THE MATH
  4. DETERMINE WHEN YOU WILL BREAK EVEN
  5. SHOP AROUND

To see the complete story please visit our website at www.TampaHoemsSold.com/Nick-Cindy-Davis-Blog.aspx

Makeover Your Home for Fall-Six Easy Ways

Makeover Your Home for Fall-Six Easy Ways

Makeover Your Home for Fall-Six Easy Ways

Makeover Your Home for Fall-Six Easy Ways

 

A fall home makeover doesn’t require a total interior overhaul. Just a few decor updates can make a big impact when transitioning your home from the breezy days of summer to the crisp nights of fall. Replace your bright colors and linens with a blend of warm neutrals, lux fabrics, metals and soft lighting to create a warm retreat for the longer nights ahead. Below are a few low commitment tips to make each room of your house autumn ready.

  • Front porch
  • Entryway
  • Living Room
  • Kitchen
  • Bedroom
  • Backyard

To See the complete Article please visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

 

4 Steps to Get a Fair Deal When Buying a Flipped Home

4 Steps to Get a Fair Deal When Buying a Flipped Home

4 Steps to Get a Fair Deal When Buying a Flipped Home

 

4 Steps to Get a Fair Deal When Buying a Flipped Home

If you plan on buying a home in the near future, chances are you’ll come across a flip in your search.

2013 was a banner year for house flippers. They grossed an average of $90,200 per flipped home across major U.S. housing markets, according to Redfin research. This is not surprising since housing inventory was notoriously tight and demand led to unprecedented bidding wars in 2013.

In other words, flipping came easy.

As we enter the final months of 2014, however, there are more homes for sale and buyers have more leverage when it comes to getting a fair price. Here’s how to know if a home is a flip and to make sure you get your money’s worth if you are considering buying a flipped home.

To see the complete article please visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

 

 

Home Buying Myths

Home Buying Myths

 

Home Buying Myths Debunked

Home Buying Myths Debunked

 

A generation ago, buyers didn’t have the luxury of the Internet to research and investigate real estate. Today, of course, many enter the real estate market with statistics and information gathered online.

It’s important that real estate agents be prepared to watch for and potentially debunk a buyer’s myths about the home buying process. If myths go unchecked, buyers may hold back from negotiations or even the home purchase because of things they think are true—but aren’t.

Here are the home buyers myths that buyers bring with them to the process. 

 

Working directly with the listing agent will get the buyer a better deal

Buyers should never offer full price

Spring and fall are the best time to buy

Always leave room for negotiations after inspections

A buyer must put down 20 percent to get a loan

A buyer with a loan can’t compete with a cash buyer

Buying real estate guarantees appreciation

Educating the buyer is part of my job

To see the complete article visit our website at www.TampaHomesSold.com/Nick-Cindy-Davis-Blog.aspx

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