Senin, 31 Desember 2007

Best Money Spent

One of the most misunderstood concepts of purchasing a home is the contingency for a home inspection. Homes don't pass or fail inspection. Instead, inspectors simply document the conditions found at a home and then a buyer must decide if they can tolerate the findings of the inspection.In most cases, purchase contracts are written so that a buyer cannot cancel a contract based on the findings of

Jumat, 21 Desember 2007

A Holiday Gift For First Time Home Buyers

A recent client of mine was struggling with coming up with all the funds necessary to purchase his first home. He had a steady job, good credit but was short of money. To help him out, I put together a list of organizations that provide support to first time home buyers in Rochester and surrounding areas. He was so appreciative, that I thought this would make a good holiday gift for my

Selasa, 18 Desember 2007

Closing Costs Take 1!

Hi everyone! Today I'd like to take a moment to talk about a topic that can be confusing for first time home buyers. Many times home buyers will mistake the term "closing costs" with the "Total Money Required to Close". When in fact "Closing Costs" are just one of two or three components of whats required at closing. I say "two or three" because sometimes home buyers are not coming up with a "

Kamis, 13 Desember 2007

Home Staging Gets a Red Eye in Chicago

"You can rent movies. You can rent an apartment. If you live or work in a street-parking desert, you can even rent a space for your ride. So why not add luxury to that list?" This is what Kyra Kyles wrote the introduction to her cover story in last weeks Red Eye Newspaper. (For those of you that don't know what a "Red Eye" is... well it is the hip urban free daily newspaper published by the Tribune Corporation here in Chicago.)

The article, entitled "Rent An Image" looked at some of the interesting luxury items that are available to rent in Chicago-land. Well, I have to admit I never considered the props we have available as ubber LUXURY items, like the Austin Martin automobiles and the Prada handbags the article spoke of. But Kyra who interviewed Real Estaging for a side bar story entitled "Go ahead and rent that furniture", (Click on image on lwft to enlarge) pointed out the fact that props can be rented to help you sell your home for more money (Click on image at left to read it). Besides making homes look more appealing, staging has helped sellers make more money when they RAISED the asking price. as well as help to sell homes faster... and considering "time is money" staging a home should be a considered in this current market.

Most home seller's think that staging props are rented for use ONLY in and for vacant property sales. Seller's don't know that some home stager's can also rent just the right piece or pieces to finish off the look and appeal of their property as they live there while it on the market. The main advantage of renting is the fact that the seller need not spend the time to shop for decorative items or spend full retail prices to buy those items. The other VERY important advantage of using a stager's props is the fact that a stager knows to use pieces that are UNDERSTATED. When selling your home, your house needs to be the star, not the stuff in it. Experienced stagers know how to create a "put together look" with out our stuff ending up being a beautiful distraction.

So thanks Red Eye... your unique story angle helps to make another fine point about home staging.

Me


PS: If you would like to see an entire PDF sample of Chicago's Red Eye Newspaper... CLICK HERE.

Minggu, 09 Desember 2007

Rochester Public Market

"Location, Location, Location," is what it is all about when you are thinking about investing in real estate. Investors and want-to-be investors are often asking me what's the current "hot spot" for investing. Usually, once it is a "hot spot" property values have started going up and there are no real bargains to be found. So how do you find a hot spot before it's a hot spot? Generally, you need

Jumat, 07 Desember 2007

Three Things to Keep in Mind About Foreclosures

Lots of people are talking about foreclosures these days. There are those with variable interest rates on their mortgage that are worried about loosing their home to foreclosure and there are those who hope to buy foreclosures at a bargain price. I have a few pointers for those considering buying bank-owned and government owned foreclosed property.First off, budget for extra closing costs. In the

Rabu, 05 Desember 2007

Never Do This if Your House is on the Market!

A couple of weeks ago I was in the middle of showing a house when the phone rang. I continued to show the house, pointing out the deep closets and hardwoods in good condition, when the answering machine turned on."This is Joe. Leave a message," we all heard."This is a collect call from an inmate at the Monroe County Jail. Do you accept the charges?" was the message that was left!We all looked

Selasa, 04 Desember 2007

Hey Future Home Buyers, Easy on the Holiday Shopping!

I can't count the number of times I pre-approved people before the Holidays, only to see their credit scores have dropped by the time they find a home during the Spring market. The culprit you ask, why its excessive Holiday spending of course. Lets face it, we as red blooded Americans spend to much money, a lot of which is credit debt. This just in, revolving trade lines (i.e. credit cards) that

Buying Based on Property Taxes

"The biggest disparity between New York and the rest of the country is the property tax."That's what the front page of today's Democrat and Chronicle reported! No sh#%t!!! I talk to people all the time that are considering relocating to New York and once they get a peak at the property taxes, well, I need to bring out the smelling salts! Case in point, last week I got a call from Costa Rico

Minggu, 02 Desember 2007

WOW! THANKS... this Home Staging Blog is a "MUST READ"

The authors over at Future of Real Estate and Loans recently posted a list of blogs they feel are "MUST READS".

They write "there’s a ton of excellent mortgage and real estate blogs out there – way too many to list, in fact. But for a unique spin on the market as well as perspective that makes sense to anyone interested in real estate anywhere, there are some blogs that really are masters of their niche."

Home Staging Rants & Ravings is definitely in good company. To see the entire list, click here to read 11 Must Read Daily Real Estate Blogs.

THANKS GUYS! The recognition is appreciated.