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July 2017

Found 7 blog entries for July 2017.

We don't want to think of it happening... but for some looking back, being burglarized is a reality they wish they could erase. While you may never have it happen, it's still a good idea to be familiar with the process of what to do if you are--- which can help you in planning to secure your home. 

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What would you do if you came home and found your house was broken into and your property stolen? For millions of Americans every year, this nightmare is a reality. In 2010, there were 2,159,878 burglaries in the United States, equivalent to nearly 700 break-ins per 100,000 people, according to the Federal Bureau of Investigation.

Most victims in this situation find themselves totally unprepared and at a loss for what to do. Fortunately,

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Renting out your home or part of your home to travelers seems to be all the rage, lately.  Our friends over at Vector came up with this great list of tips that will help towards the goal of keeping your home safe if you choose to host unknown guests. 

 Renting a room

Airbnb® is an on online marketplace that allows homeowners to rent bedrooms or properties to travelers.

Many homeowners become Airbnb hosts to earn extra income. However, as travelers filter through, homeowners must equip their homes with the appropriate security devices to protect personal belongings and properties.

Below, we provide three safety tips to consider before listing your property on Airbnb.

1. Utilize Smart Locks and Access Control

Keep tabs on who enters or exits your home

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According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. 

84% of Americans Believe Buying a Home is a Good Financial Decision | MyKCM

Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:

  1. Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord
  2. Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire
  3. Homeownership is an investment opportunity that builds long-term wealth and increases net worth
  4. Homeownership means a stable and predictable monthly mortgage payment
  5. Homeownership
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Thinking of Selling? You Should Act NOW! | Simplifying The Market

Thinking of Selling? You Should Act NOW!

 

If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:

“Buyer interest is solid, but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.”

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Putting a price tag on a home you're trying to sell is a tricky thing. For one, it's your home, crammed full of memories, hopes, and dreams—and all that stuff can cloud your thinking and lead you toward the wrong price. There are consequences: Shoot too high, and your home could languish on the market for months and maybe not sell at all. Price it too low and you could bilk yourself out of a whole lot of dough.

That's why we're here to guide you through this tough but critical decision; read on to pinpoint a price that's just right.

Repeat after us: What you paid doesn't matter

You may have a dollar figure in mind—perhaps based on what you paid originally, plus a little extra. Because homes appreciate, right? Maybe yes, maybe

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Once you've decided to sell your home, you need a trusted guide by your side: a Realtor, of course! Here we'll teach you how to find an essential partner in pulling off this most important of all transactions. Because not all agents are created equal. (They're not even all Realtors.) Here's how to find a Realtor who's right for you:

 

Gather referrals, but take them with a grain of salt

There are a lot of agents out there. So how do you choose? Go ahead and ask your pals for referrals, but don't fall into the trap of picking an agent purely because of rave reviews. The old mantra of location, location, location applies to real estate agents as much as homes.

“You want a Realtor who is very familiar with your area—and not just

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If you're looking to sell your home during prime house-shopping season in spring, you'd better get cracking. After all, it's not as easy as slapping an ad on Craigslist; if you want your humble abode to stand out from the competition, that could take months to do right. So, here's how to whip your place into shape by fixing any problems and upgrading the eyesores. Because like it or not, your home has sustained some wear and tear over the years.

whip-house-into-shape

Here's how to assess the damage and find out which renovations will pay off down the road.

1. Tally the age of various items

No matter how great your home looks at first glance, any savvy buyer will point to various parts and pop the question: How old? And since guesstimates won't cut it, it's time to

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