Granbury Texas - Elevate Realty Group Real Estate News and InformationRecently posted or modified blog postshttps://www.elevaterealtygroup.com/blog/Copyright ElevateRealtyGroup.com2024-02-19T12:54:57-07:00tag:elevaterealtygroup.com,2012-09-20:235397 Steps to Selling Your Home<img src="https://assets.site-static.com/userfiles/528/image/7_Steps_to_Selling_Your_Home.jpg" width="1500" height="900" alt="7 Steps to Selling Your Home" title="7 Steps to Selling Your Home" />
Selling your home is a significant milestone, often marked by a mix of excitement and apprehension. Whether you're upgrading, downsizing, or simply looking for a change, the journey from deciding to sell to handing over the keys can be complex. Understanding the steps involved is crucial to navigating the process smoothly and ensuring a successful sale.
This guide aims to demystify the home-selling process, providing you with a clear roadmap from start to finish. By breaking down each step, from the initial decision to sell to closing the deal, we equip you with the knowledge and confidence needed to embark on this journey. Let's dive into the steps to <a href="https://www.elevaterealtygroup.com/sellers/">selling your home</a>, ensuring you're well-prepared for what lies ahead.
Step 1: Decide to Sell
Before diving into the real estate market, it’s vital to solidify your decision to sell. This initial step is more than just making up your mind; it involves a thorough assessment of the market conditions and your personal circumstances. Consider why you want to sell: Is it the right time for you financially? Are you relocating for a job? Or is your family outgrowing your current space? Understanding your motivation will help steer the process in the right direction.
A financial assessment is also crucial. Evaluate your equity in the home, any outstanding mortgage, and potential costs associated with selling, such as repairs, renovations, and real estate agent fees. This step lays the foundation for a successful sale, aligning your personal goals with the realities of the market.
Step 2: Choose a Real Estate Agent
Selecting the right real estate agent is pivotal in the home-selling process. An experienced agent can offer invaluable advice, market your home effectively, and navigate negotiations to ensure a favorable sale. Begin by seeking recommendations from friends and family or researching local agents online. Look for someone with a strong track record in your area, specializing in homes similar to yours.
When you've shortlisted potential agents, interview them to understand their approach and evaluate their compatibility with your selling goals. Discuss their marketing strategy, communication style, and commission rates. It's essential to <a href="https://www.elevaterealtygroup.com/blog/ten-reasons-to-use-a-realtor-to-sell-your-home/">choose a real estate agent</a> who is not only knowledgeable but also aligns with your expectations and comfort level.
A good real estate agent will provide a comprehensive market analysis to price your home accurately, suggest improvements to enhance its appeal, and implement a robust marketing plan. Their negotiation skills can make a significant difference in the final sale price and terms of the deal.
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Step 3: Price Your Home
<a href="https://www.elevaterealtygroup.com/blog/pricing-your-home-to-sell/">Correctly pricing your home</a> is a critical step that can determine the speed and success of your sale. Set the price too high, and your home may languish on the market; too low, and you might not achieve its full value. This is where a well-informed strategy comes into play, blending market analysis, your home's condition, and your financial goals.
Your real estate agent will conduct a Comparative Market Analysis (CMA) to establish a competitive price for your home. This analysis compares your property with similar homes in the area that have recently sold, are currently on the market, or were listed but didn’t sell. Adjustments are made for differences in size, condition, location, and amenities to pinpoint where your home stands in the current market landscape.
Consider also the timing of your sale and how quickly you need to sell. If you're not in a rush, you might price your home slightly higher, allowing room for negotiation. However, if a swift sale is necessary, a more aggressive pricing strategy might be warranted. Remember, the initial listing price is not set in stone; it can be adjusted based on market feedback and interest levels from potential buyers.
Step 4: Prepare Your Home for Sale
<a href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">Preparing your home for sale</a> is about showcasing its best features to potential buyers. This step goes beyond basic cleaning and repairs; it's about creating a welcoming environment that buyers can envision as their own.
Declutter and Depersonalize
Start by decluttering each room, removing excess furniture, and personal items like family photos and memorabilia. A decluttered home appears more spacious and allows buyers to imagine their lives in the space. Don’t forget to tidy up outdoor areas as well, as <a href="https://www.elevaterealtygroup.com/blog/10-easy-ways-to-add-curb-appeal/">curb appeal is crucial</a> in making a strong first impression.
Minor Repairs and Possible Renovations
Address any minor repairs that could deter buyers or suggest the home hasn’t been well-maintained. This includes fixing leaky faucets, replacing burnt-out light bulbs, and patching up holes in walls. Consider also making small updates, such as painting walls in neutral colors or updating cabinet hardware, to enhance your home's appeal without significant investment. Although, there may also be certain <a href="https://www.elevaterealtygroup.com/blog/upgrades-for-your-home-that-make-sense-for-selling/">home upgrades that could be done before selling</a>.
Staging for Appeal
<a href="https://www.elevaterealtygroup.com/blog/secret-staging-tips/">Home staging</a> involves arranging furniture and decor to highlight your home’s features and functionality. You can hire a professional stager or undertake the task yourself, focusing on creating a warm and inviting atmosphere. Key areas like the living room, kitchen, and master bedroom should receive special attention, as they play a significant role in buyers’ decision-making processes.
Deep Cleaning
A thorough cleaning is essential for making a positive impression. This includes washing windows, shampooing carpets, and ensuring kitchens and bathrooms are spotless. Consider professional cleaning services for the best results.
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Step 5: Market Your Home
Effectively marketing your home is crucial to attracting potential buyers and securing a successful sale. This step utilizes a mix of traditional and digital marketing strategies to showcase your property to the widest audience possible.
High-Quality Photographs and Virtual Tours
In today’s digital age, the first impression of your home is often made online. High-quality photographs are essential to capture the beauty and unique features of your property. Consider hiring a professional photographer who specializes in real estate to ensure your home looks its best. <a href="https://www.linkedin.com/pulse/should-you-choose-virtual-tour-when-selling-your-home-alex-yankee">Virtual tours</a> have also become a popular tool, allowing prospective buyers to explore your home remotely, providing a 360-degree view of the property.
Listing on Multiple Platforms
Your real estate agent will list your home on the Multiple Listing Service (MLS), which is the primary database real estate agents use to find properties for their clients. However, expanding your reach through additional platforms can be beneficial. This includes real estate websites, social media platforms, and online classifieds. Each listing should include detailed information about your home, highlighting its unique features and selling points.
Traditional Marketing Methods
While digital marketing is essential, traditional methods still play a vital role. Yard signs, <a href="https://www.elevaterealtygroup.com/blog/do-open-houses-work/">open houses</a>, and local newspaper ads can attract buyers who are actively exploring the area.
Leverage Your Real Estate Agent’s Network
An experienced real estate agent has a network of contacts and can directly market your home to other agents who may have interested clients. They can also use their experience to identify the most effective marketing strategies for your home’s specific market and demographic.
Step 6: Receive and Negotiate Offers
Once your home is on the market and attracting interest, the next step is receiving and negotiating offers. This phase requires a balanced approach to evaluate each offer carefully and negotiate terms that align with your priorities and financial goals.
Evaluating Offers
Offers can vary greatly, not just in price but in terms and conditions as well. Beyond the offered amount, consider factors such as the buyer’s financing, contingencies (like the sale depending on a home inspection, <a href="https://www.elevaterealtygroup.com/blog/appraisal-comes-in-low/">appraisal</a>, or the sale of their current home), and proposed closing dates. Sometimes, a lower offer with fewer contingencies and a flexible closing date might be more appealing than a higher offer with more demands.
Negotiation Strategies
Negotiating the sale of your home is a delicate process that can benefit greatly from the expertise of your real estate agent. Here are some strategies to consider:
Prioritize Your Goals: Decide what is most important to you in the sale, whether it’s the sale price, closing timeline, or minimizing contingencies.
Be Prepared to Compromise: A successful negotiation often involves give-and-take from both parties. Determine in advance what aspects you’re willing to compromise on.
Respond Promptly: Keep the momentum going by responding quickly to offers. Delays can result in lost interest or alternative opportunities for the buyer.
Counteroffer Effectively: If an offer is close to what you’re looking for but not quite there, a counteroffer can bring the buyer up to your desired terms. Be clear about what changes you’re requesting, whether it’s a higher price, adjusted contingencies, or a different closing date.
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Step 7: Close the Sale
Closing the sale of your home is the final step in the transaction process, marking the <a href="https://www.homelight.com/blog/property-title-transfer/">transfer of property from you to the buyer</a>. This stage involves several key components, including legal paperwork, final inspections, and the settlement of financial transactions.
Final Inspections and Appraisal
Before the closing, the buyer will likely conduct a final walk-through of the property to ensure all agreed-upon repairs have been made and that the home is in the expected condition. Additionally, if the buyer is financing the purchase, their lender will require a home appraisal to confirm the property's value supports the loan amount.
Reviewing and Signing Legal Documents
The closing process involves reviewing and signing a variety of legal documents, which may include the deed of sale, mortgage paperwork (for the buyer), and settlement statements detailing the financial transactions involved. It's important to thoroughly review these documents and understand their contents.
Closing Costs
Both sellers and buyers <a href="https://www.elevaterealtygroup.com/blog/who-pays-closing-costs/">incur closing costs</a>, which can include real estate agent commissions, title insurance, and prorated property taxes, among others. As the seller, you should have a clear understanding of these costs ahead of time, as they will affect the net proceeds from the sale of your home.
Transferring Ownership
Once all paperwork is signed and financial transactions are completed, ownership of the property officially transfers to the buyer. The keys are handed over, and you will receive the proceeds from the sale, minus any outstanding mortgage balance and closing costs.
Post-Closing Responsibilities
After the sale closes, you may have agreed-upon responsibilities, such as vacating the property by a certain date or completing additional repairs. Fulfilling these obligations is crucial to a successful conclusion of the home-selling process.
Steps to Selling Your Home Conclusion
Selling your home is a comprehensive process that involves careful planning, preparation, and execution. By following the steps outlined in this guide, you can navigate the complexities of the real estate market with confidence. Each stage plays a crucial role in achieving a successful sale.
Remember, the key to a smooth home-selling experience lies in being well-informed and prepared. Lean on the expertise of professionals, such as your real estate agent and legal advisor, to guide you through each step. Stay flexible and open to negotiation, always keeping your ultimate goals in sight.2024-02-17T12:42:00-07:002024-02-19T12:54:57-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4251Things to Do in Granbury TX<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="homes for sale in Granbury TX"><img src="https://assets.site-static.com/userfiles/528/image/blog_photos/things_to_do_in_granbury.jpg" width="1200" height="628" alt="things to do in Granbury" title="things to do in Granbury" /></a>
11 Things to do in Granbury
Welcome to the heart of Texas charm and history! Granbury, a hidden gem nestled in the Texas landscape, beckons travelers and adventure-seekers alike to explore its unique blend of culture, history, and natural beauty. From the quaint cobblestone streets of the historic town square to the serene waves of Lake Granbury, this enchanting town offers a plethora of activities and sights that cater to every interest. Whether you are just visiting or <a href="https://www.elevaterealtygroup.com/blog/reasons-to-move-to-granbury-texas/">moving to Granbury</a>, the community here is ready to welcome you.
In this blog, we'll cover the most captivating spots in Granbury, each with its own story and allure. So, buckle up and let's uncover the many reasons why this town is a must-visit destination in Texas. Prepare to be enchanted, inspired, and thoroughly entertained as we delve into the best things to do in Granbury!
Granbury Opera House
Nestled in the heart of historic Granbury, the <a href="http://granburytheatrecompany.org/">Granbury Opera House</a> stands as a beacon of cultural heritage and entertainment. Established in the late 19th century, this architectural gem, with its Victorian flair and elegantly restored interior, offers a unique glimpse into the past.
Today, the Opera House is a hub of activity, showcasing a diverse array of performances ranging from classic Broadway musicals to contemporary plays and concerts. Visitors are consistently awed by the intimate ambiance and exceptional acoustics, making every show a memorable experience. Whether you're a theater aficionado or simply seeking a delightful evening out, a visit to the Granbury Opera House is an unmissable addition to your Granbury itinerary.
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Granbury Town Square
Step into the heart of Granbury and you'll find yourself in the enchanting <a href="http://www.granburysquare.com/">Granbury Town Square</a>, a place where history and modern charm blend seamlessly. Celebrated as one of the most beautiful town squares in Texas, this picturesque area is steeped in rich history, with its well-preserved 19th-century buildings. Stroll along the quaint streets, and you'll discover an array of boutiques, cafes, and dining establishments, each offering a unique taste of local culture.
The Town Square isn't just a shopping destination; it's a community hub where festivals, live music, and parades bring the spirit of Granbury to life throughout the year. The welcoming atmosphere and friendly locals make every visit a pleasure. Whether you're seeking a leisurely shopping experience, a taste of local cuisine, or a glimpse into Granbury's past, the Town Square is a must-visit destination that promises memorable moments for every traveler.
Revolver Brewery
Discover a haven for craft beer enthusiasts at <a href="http://www.revolverbrewing.com/">Revolver Brewery</a>, a must-visit destination in Granbury's vibrant scene. Renowned for its innovative brewing techniques and a wide range of distinct flavors, Revolver Brewery stands out with its signature brews like the "Blood and Honey," an American ale infused with blood orange zest and Texas honey. The atmosphere here is as inviting as the beer is enticing, offering a perfect blend of rustic charm and a lively, friendly vibe.
Visitors can enjoy guided tours, learning about the brewing process while sampling a variety of their exceptional creations. Regular events, including live music and food pairings, add to the brewery's appeal, making it a popular spot for both locals and tourists.
Lake Granbury Marina
Immerse yourself in the tranquil beauty and recreational joy at <a href="http://www.lakegranburymarinainc.com/">Lake Granbury Marina</a>, a crown jewel of Granbury's outdoor attractions. This marina is a paradise for water enthusiasts, offering an array of activities from boating and fishing to jet skiing and paddleboarding. The clear, calm waters of Lake Granbury create the perfect setting for both adventure and relaxation.
Visitors can take advantage of the well-equipped facilities, including boat rentals and docking services, ensuring a hassle-free experience. The marina is not just about water sports; its picturesque surroundings provide a serene backdrop for picnics or simply soaking in the stunning lakeside views. Don't miss the chance to add this delightful spot to your Granbury itinerary.
The New Granbury Live
Step into the world of entertainment at <a href="http://thenewgranburylive.com/">The New Granbury Live</a>, a cornerstone of Granbury's cultural scene. Known for its diverse array of live performances, this venue brings the best of music, comedy, and theater to the heart of Granbury. From country and rock concerts to hilarious stand-up comedy and captivating theatrical productions, there's always something thrilling on stage.
The intimate setting of the theater, with its cozy seats and excellent acoustics, ensures a memorable experience for every attendee. With its dynamic lineup and welcoming atmosphere, it's the perfect place for a night out with friends or a special evening with loved ones. Experience the pulse of Granbury's artistic community at The New Granbury Live, where every show promises to be an unforgettable part of your visit.
Granbury Visitor Center
Begin your adventure in Granbury with a visit to the <a href="http://www.granburytx.com/">Granbury Visitor Center</a>, the perfect starting point to uncover all that this charming town has to offer. Staffed with friendly locals brimming with insider knowledge, the Visitor Center provides a wealth of resources to help you plan your stay. From maps and brochures to expert recommendations on dining, lodging, and must-see attractions, you'll find everything you need to make the most of your visit. The welcoming staff are not just guides, but storytellers, ready to share the rich history and hidden gems of Granbury. Make the Granbury Visitor Center your first stop on your Granbury trip!
Hood County Jail and Historical Museum
Step back in time at the <a href="https://hctxhs.org/Museums/jail.htm">Hood County Jail and Historical Museum</a>, a captivating destination for history buffs and curious visitors alike in Granbury. This historic jail, dating back to 1885, offers a unique glimpse into the past with its original limestone walls and authentic jail cells, transporting you to a bygone era. The museum showcases a fascinating collection of artifacts, photographs, and exhibits that tell the story of Hood County's rich history and heritage.
The museum not only preserves the past but also provides valuable insights into the historical context of law and order in the late 19th century. A visit to the Hood County Jail and Historical Museum is more than just a tour; it's an immersive journey into the heart of Granbury's historical narrative.
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Granbury Hike & Bike Trail
Embrace the beauty of nature on the <a href="https://www.granbury.org/741/Moments-In-Time-Hike-Bike-Trail">Granbury Hike & Bike Trail</a>, a serene getaway for outdoor enthusiasts and families alike. This picturesque trail, winding along the scenic Lake Granbury, offers a refreshing blend of natural beauty and recreational fun. Along the way, immerse yourself in the lush landscapes, with opportunities to spot local wildlife and enjoy panoramic views of the lake. For those seeking a tranquil escape or an active adventure, the Granbury Hike & Bike Trail is a must-visit destination.
Granbury Theatre Company
Experience the magic of live theater at the <a href="http://granburytheatrecompany.org/">Granbury Theatre Company</a>, a cornerstone of Granbury's arts scene. Nestled in the historic Granbury Square, this company is renowned for its high-quality productions that range from classic plays and musicals to modern theatrical works. The intimate setting of the theater, combined with state-of-the-art lighting and sound, ensures an immersive experience for every audience member.
Attending a show here is more than just an evening out; it's an opportunity to be part of Granbury's rich cultural tapestry. Whether you're a theater aficionado or a newcomer to the arts, a visit to the Granbury Theatre Company promises an unforgettable experience that resonates long after the final curtain call.
Granbury City Beach
Escape to the shores of <a href="https://www.granbury.org/744/City-Beach-Park">Granbury City Beach</a>, a delightful oasis that offers a slice of coastal charm right in the heart of Texas. This family-friendly beach is a perfect spot for visitors of all ages to unwind and indulge in a variety of activities.
With its soft sandy beach, crystal-clear waters, and scenic views, it's an ideal destination for sunbathing, swimming, and building sandcastles. The beach also features convenient amenities like picnic areas, volleyball courts, and public restrooms, ensuring a comfortable and enjoyable day out for everyone. Whether you're looking to cool off in the water, soak up some sun, or simply enjoy a peaceful day by the lake, Granbury City Beach is a must-visit spot.
Shanley Park
Find a peaceful retreat amidst the bustling life of Granbury at <a href="https://www.granbury.org/740/Shanley-Park">Shanley Park</a>, a picturesque haven that offers a serene escape into nature. This beautifully landscaped park, adorned with winding paths, lush greenery, and colorful flower beds, is a visual treat and a perfect spot for leisurely strolls or quiet contemplation. The gentle sound of the creek meandering through the park adds to its tranquil ambiance.
Visitors can relax on the benches under the shade of mature trees, enjoy a family picnic, or simply admire the charming stone bridges and scenic surroundings. Whether you're an avid nature lover or just need a moment of peace, Shanley Park is a hidden gem in Granbury, waiting to be discovered and cherished.
Conclusion
As you can see, Granbury isn't just a destination; it's a storybook of Texas history, culture, and natural beauty waiting to be read. From the historic allure of the Granbury Opera House to the peaceful trails of Shanley Park, each location we've explored paints a unique stroke in the portrait of this charming town.
We hope this blog has inspired you to pack your bags, set your sights on Granbury, and create your own adventure in this Texan treasure. Until you walk its historic streets, feel its lake breezes, and experience its inviting culture firsthand, Granbury's heart beats in anticipation of your visit.
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// ]]>2024-01-30T18:11:00-07:002024-02-19T11:44:47-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:12449 Advantages of Buying a Home vs Renting<img src="https://assets.site-static.com/userfiles/528/image/The_Advantages_of_Buying_a_Home_vs_Renting.jpg" width="1500" height="900" alt="The Advantages of Buying a Home vs Renting" title="The Advantages of Buying a Home vs Renting" />
A lot of people have been paying rent their entire lives, but are willing to take the step in acquiring their own home. Homeownership has many benefits but there are important factors to take into consideration before making such a decision.
The Advantages of Buying vs Renting
In some instances, the thought of becoming a <a href="https://www.elevaterealtygroup.com/blog/5-tips-for-first-time-homebuyers/">first time homeowner</a> can be overwhelming. Homeownership can be a very rewarding thing financially as well as for your personal state of well being.
Here are 9 benefits of buying a home instead of renting:
1. The Payment of mortgage builds equity
We’ve probably heard that paying rent is a wasted expense that never supports our financial wellness. We pay rent to the home owner as an exchange for the use of their house or apartment. You do not have total control over the property. However, when you <a href="https://www.elevaterealtygroup.com/buyers/">purchase a new home</a>, your mortgage payment is put towards principal and interest in the form of a home mortgage. The principal paid on your home is the portion of the payment that directly reduces what you owe. Your equity is what is gained as the principle gets paid down and is considered an asset. Once you have paid your mortgage over the term of the loan, the property is 100% yours with full ownership. The interest, on the other hand, is the money that you pay for the financing of the home. Although these funds don’t get applied to paying down your mortgage, they are tax deductible and can substantially decrease your year end taxes.
2. Rents continue to rise
Rents have risen at an alarming rate across the entire country. The trend is expected to continue. According to research by the Urban Institute, rents in many markets have grown faster than median earnings. Rent is so high that monthly mortgage payments are often cheaper or on par with renting a house. You don't believe us? Check it out yourself. Zillow's <a href="https://www.zillow.com/rent-vs-buy-calculator/">Buy vs Rent Calculator</a> will show you the number of years before buying costs equal renting - also known as the break-even point.
3. Homeownership makes a better investment over the long term
Renting a home means you'll be paying rent to your landlord, but nothing will come of it next month. Home ownership is an excellent investment, as it forces you to save. If you purchase a house with a mortgage for 30 years and pay monthly, you'll own the home at the end. Renting a house for 30 years will not allow you to get back any of the monthly payments.
4. Full Right To Make Any Improvement
In paying rent, any improvement on the home belongs to the owner. You only enjoy them while you continue to rent. But as the owner of your house, all the benefits of the improvements you make belong to you and can potentially increase your home's value.
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5. You can pay as little as 0 dollars as a down payment
Sounds too good to be real? It's not. There are government programs and loan programs that allow qualified homebuyers to purchase a home for no money down. Keep in mind that closing costs are not included. The programs vary from lender to lender, and the borrower must meet certain criteria. If you want to buy a house with no down payment, consider a <a href="https://www.va.gov/housing-assistance/home-loans/eligibility/">VA loan</a> (for veterans, active military and military spouses) or a <a href="https://www.nerdwallet.com/article/mortgages/usda-loan">USDA loan</a>.
6. Monthly payments that are predictable
Rent is rising and you're tired of it? Are you tired of your rent increasing? This will never happen when you own a house and use a fixed rate mortgage. The amount you pay each month and each year will always be the same. You won't be evicted by a landlord who wants to sell your home. You want to know what you can expect? Calculate your monthly mortgage payments for a new loan using our calculator. Enter the home price, down payment and loan term you want to calculate your estimated monthly payments.
7. You benefit when it comes to taxes
There are also tax benefits that come with buying a home as opposed to leasing a home. The benefits occur both at the point of your home purchase and also as time goes on. The first advantage comes the year you made the purchase; if a discount point is allocated to you on your loan, irrespective of who paid them, that is a deduction on your taxes. The discount points are prepaid interest which can reduce your total mortgage payment and are tax deductible. For each point you purchase, you have a reduction in your <a href="https://www.elevaterealtygroup.com/blog/how-do-mortgage-rates-affect-real-estate/">mortgage interest rate</a> by 0.25%. In many instances the tax benefit of owning your own home is so substantial, that you can adjust the amount of taxes that your employer takes out from your paycheck and actually give yourself a raise!
8. Stable living Condition
There is also an unusual feeling of liberty and freedom when you buy your home. The home belongs to you. There is no fear of a lease expiration, or your leased property being sold. You can move within your premises as you like
9. Rent a room to earn extra money
Renting out a space is a great way to make extra money as a homeowner. You can rent your basement to a long-term resident or look for short-term tenants on Airbnb . You are the homeowner and you decide everything -- what you charge, when you rent out your home, etc. No roommate or landlord needs to be convinced.
<img src="https://assets.site-static.com/userfiles/528/image/Sold_home.jpg" width="800" height="400" alt="Sold home" title="Sold home" />
The disadvantages of Purchasing a Home
However, we must not forget that owning a house is a big responsibility. Although there are not many disadvantages, to be fair we will list some
Repairs and Maintenance:
Unlike in renting, in which the homeowner takes responsibility for repairs and maintenance, if you own the home you are responsible for them. The thought of this could be discouraging. Therefore, it is recommended you create a small monthly savings to cater for such occurrences. One other commonly used option for taking care of unexpected home repairs and maintenance is obtaining a Home Warranty. A home warranty can be purchased in full upon the purchase of your new home and will cover many home repairs with a small deductible. In many instances, you may even get the seller to pay for your new home warranty for the first year.
Property taxes are your responsibility
You have the responsibility of handling the property taxes on your new home. You can calculate the amount you’ll pay in property taxes by taking your property’s assessment and multiplying it by the property tax rate, which is based on your jurisdiction or location. In many instances, your taxes can be included in your mortgage payment – that is called an Escrow Account. If your mortgage includes an escrow account, your mortgage company will pay your property taxes and in many instances your home insurance for you. One nice thing about property taxes is in most instances, they are fully tax deductible and can reduce your taxes at the end of the year.
Buying vs renting recap
Buying a home is surely a new responsibility. Home ownership can be a very profitable, sound investment and ultimately is the #1 way that people gain wealth. For assistance in purchasing a new home, you can start by searching for <a href="https://www.elevaterealtygroup.com/hood-county/">homes in Hood county</a>. If you have any immediate questions you can <a href="https://www.elevaterealtygroup.com/contact/">contact a licensed real estate agent.</a>
If you are relocating to Hood County, feel free to read our <a href="https://www.elevaterealtygroup.com/hood-county/relocation-guide/">Relocation Guide</a>.2023-12-28T13:19:00-07:002023-12-29T12:05:01-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:610914 Upgrades for Your Home That Make Sense Before Selling<img src="https://assets.site-static.com/userfiles/528/image/Upgrades_for_Your_Home_That_Make_Sense_Before_Selling.jpg" width="1500" height="900" alt="Upgrades for Your Home That Make Sense Before Selling" title="Upgrades for Your Home That Make Sense Before Selling" />
Are you looking to sell your current home, but are unsure what, if any, upgrades should be done before listing? Well, we’re here to help. It’s true that anytime you consider <a href="https://www.elevaterealtygroup.com/sellers/">selling a house</a>, you should take a quick ”inventory” of problem areas and things that need fixing in order to get the best selling price possible.
But what can be difficult is deciding which things need to be done and which things will actually net you a positive return on your investment. After all, some things are easy and will help your home sell for more, and are more challenging and may or may not help your home sell for more.
In this article, we will cover 14 different things you could do to upgrade your home before listing it for sale in hopes of it fetching a higher price.
What should you focus on?
When it comes down to it, you probably address every little issue the home has. So you need to focus on the things that are most important to the majority of buyers. Here are a few things to keep in mind.
Maintenance is number one
No matter the age of a home, buyers want fresh, clean houses. That means you need to make sure the house is clean and the paint is in good condition. Small knicks on the walls and trim should be addressed.
While some people prefer a fixer-upper, the majority of purchasers are seeking properties with space, little work, and unique characteristics. Everything from the garage to the yard and the attic need some attention.
Replacing older windows and doors is usually cost prohibitive and you won’t see all your money back. You can however make sure that the seals are good and they are visually ok.
You want potential buyers to perceive the <a href="https://www.elevaterealtygroup.com/blog/home-maintenance-that-saves-money/">home as “well-maintained”</a>. This will give them more confidence when it comes time to make an offer.
Know what people like
The best way to find out what local buyers want is to go to open houses nearby and see what is available. Are there new kitchens and bathrooms in the homes? Do the properties have new decks, patios, or yard items that boost the curb appeal? Is there a garage with special features or a basement with extra living space?
All of these things may be part of what buyers in your area are looking for. While you can’t change the homes’ location or general layout, you can highlight the features that home buyers find attractive.
Don’t use bold colors or unusual styling
Sure, it’s your home and you want to express yourself. However, this isn’t the time to do that. Although your style is probably amazing and interesting, your goal right now is to appeal to as many people as possible.
You can’t appeal to a large number of people if your home is so unique that they can't picture themselves in it! Go generic with features and neutral with colors.
Don’t fix things that don’t need fixing
To get the most money out of a house for sale, only replace what is ready to go. Replacing a 15 year old roof might be a nice thing to mention to potential buyers, but you are unlikely to recoup that cost in the sales price of the home. Only do so if the roof is leaking or has other issues that require replacement. If you do need a new roof, <a href="https://www.elevaterealtygroup.com/blog/ten-reasons-to-use-a-realtor-to-sell-your-home/">your Realtor</a> will usually have a list of contractors that they can recommend.
<a href="https://www.elevaterealtygroup.com/sellers/"><img src="https://assets.site-static.com/userfiles/528/image/CTAs/Elevate_Buy_a_home_CTA.jpg" width="1200" height="480" alt="buy a home CTA" title="buy a home CTA" /></a>
Upgrades to consider before listing your home for sale
Now that you’re in the right mindset, let’s talk about things that can be done affordably and get you the most bang for your buck. Here are the 20 home upgrades that might make sense before you list your home for sale.
1. Paint your home's exterior.
As mentioned before, paint is one of the easiest and cheapest ways to make your home feel like new. You can give the house a new look and feel by painting the interior. You can also repaint the exterior of your house to increase its value.
2. Update your cabinets
New cabinets are expensive, regardless of whether they're recouped. However, you could tweak your current cabinets rather than replacing them and totally refresh the look of your kitchen or bathroom. Even something as simple and inexpensive as changing the cabinet hardware could modernize your kitchen. You can repaint your cabinets to give them a facelift for a fraction the cost of buying new ones.
<img src="https://assets.site-static.com/userfiles/528/image/updated_bathroom_hardware.jpg" width="800" height="400" alt="updated bathroom hardware" title="updated bathroom hardware" />
3. Replace bath hardware
A bathroom that is outdated usually requires a complete renovation. This takes a lot of time and money. To add value to the bathroom without doing a complete makeover, you can change the hardware on the cabinets or the fixtures. The room can be given a new look by switching from chrome to antique gold. Replace the faucet in the shower to instantly give the bathroom a spa feel.
4. Swap window treatments
Curtains can have a big impact on your home, both visually and in terms of energy efficiency. That's why new windows are a great selling point. This will require a large investment, perhaps several thousand dollars. If you have windows that are still in good shape and don't want to spend the money to replace them, then the next best option is to upgrade your window treatments.
You can transform your home with a variety of modern blinds, shades and curtains. These include sheers and patterns as well as blackout curtains. If your shutters are damaged or faded on the exterior of your house, consider replacing them.
5. Upgrade lighting
You may have never thought of this home improvement idea. Lighting your home. Even something as simple as replacing all your old light bulbs with LEDs can have a significant impact on the energy efficiency and illumination of your home. It's possible that the fixtures themselves are also to blame for your home looking old. Fortunately, you can replace them relatively cheaply.
Don't just focus on improving your interior lighting. Also, consider updating outdoor lighting fixtures around your house, such as chipped fixtures for your porch and patio. If that still adds up too much, some light futures can be spray painted to give them a fresh look.
6. Installing built-in bookcases
What is the one thing that homebuyers always look for? Storage space! <a href="https://www.youtube.com/watch?v=5B8Ti4L4z28">Built-in shelves</a> are a great way to create a focal point for a home room. A detached bookshelf will do the job, but a built-in bookshelf is much more valuable.
You can use them to add elegance and beauty to any room. They are especially useful when placed around a fireplace. There are many cool ways to construct bookshelves for your home, whether you choose to do-it-yourself or hire an expert.
7. Custom Storage Areas
Like bookcases, other storage areas are highly sought after and can add storage to various parts of your house. These areas allow you to store seasonal items, like holiday decorations and blankets. Turn the area under your stairs into customized storage areas.
A seating option that includes a storage compartment is another choice. This seating is ideal if your home has a bay-window. This space could be used as additional storage or a place to relax and enjoy the sun. You may need to add custom shelving to your garage if you want more space but also need to store things.
8. Upgrade the trim and add crown molding
You can add character to your rooms by adding wood crown molding or new trim. Paint the crown molding and trim before you install it for the best results. You may not want wood crown molding in a bathroom, as it can cause moisture problems. PVC crown molding is the better choice in such situations. If you're looking for crown molding that has more style and pizzazz in your bedroom or living room, plaster may be the best option. Other crown molding materials are available including MDF fibreboard, rubber and polystyrene.
9. Revitalize flooring
New flooring can be expensive, especially if your area is large. But you can refresh your existing floors! You can invest in shampooing your carpet if you have it. This could cost several hundred dollars. Consider refinishing wood, or reglazing tiles instead of replacing your floors. In bathrooms, <a href="https://www.homedepot.com/c/ah/how-to-paint-tiles/9ba683603be9fa5395fab90142305776">painted tiles are in style</a> right now, so that might be an option too.
<img src="https://assets.site-static.com/userfiles/528/image/updated_landscaping.jpg" width="800" height="400" alt="updated landscaping" title="updated landscaping" />
10. Improve Landscaping
One of the best and most obvious upgrades you can do before your <a href="https://www.elevaterealtygroup.com/blog/do-open-houses-work/">open house</a> is to freshen up your curb appeal. Upgrades to your landscaping will give you some of the highest ROI on this list. Installing landscape lighting, power washing walkways, adding flowers, adding mulch and building a fireplace are all simple ways to improve the appearance of your yard.
Plant flowers around your home in the spring. You can plant them along the walkway or at the entrance to the house. Do not underestimate the power that pruning trees and bushes can have on your yard. This type of maintenance will transform a yard into something more manicured, and increase the value of your house. And it’s the first thing people see when they arrive!
11. Refinish your home's beautiful wood door
If your home has a solid wood door, you’re in luck. These can be refinished on a very small budget. Many wood entry doors are ruined by the same things, and end up being thrown away and replaced with low-maintenance metal or fiberglass substitutes. You can give your old door a new lease of life with some inexpensive supplies. You can either clean and sand the door before repainting it, or you can strip it down completely and restain it. Either way, <a href="https://www.youtube.com/watch?v=I3RKen3ymNk">refinishing your front door</a> can do miracles for your curb appeal.
12. Install a New Bead Of Bathroom Caulk
We have all seen the signs of aging caulk. It started with a brown tint around the edges. Its once smooth, supple, and elastic skin is now brittle, cracked, and vulnerable to mildew colonies. Water can also seep in and make wallboard and framing soggy. It doesn't matter if it is around the sink, in between the tile and tub surround or on your shower stall joints.
Caulk is inexpensive and <a href="https://www.bobvila.com/articles/how-to-caulk-a-shower/">easy to apply</a>. You only need an hour and a few tools that you can find at any hardware shop. Just keep in mind that even though it's easy, it must be done correctly or will have to be done again very soon.
13. Install Low-Cost Flooring for Laundries and Mudrooms
Before the invention of resilient sheet flooring, there was vinyl tile. Vinyl tile was originally produced as a linoleum alternative. It became popular because it is colorful, easy-to-clean, and crack resistant. These 12x12-inch vinyl tiles are available in dozens or colors, patterns and textures. They can be used to create checkerboard floors and borders with contrast. These can be done easily and cheaply. If you want a higher-end look, you can opt to lay vinyl plank flooring that looks like wood.
14. Ceiling fans for summer (and winter) savings
Ceiling fans are gaining in popularity as homeowners realize the dramatic energy savings they can achieve all year round. Ceiling fans reduce air conditioning costs by creating cooling breezes in summer. They circulate heated air in winter to keep the room comfortable.
It is easy to install a ceiling fan, particularly if you have access to the attic. Even if it's not possible, you can still do the job. Like replacing other lighting fixtures, this is an easy and affordable way to give a room a facelift that buyers will appreciate.
Final thought on home upgrades
Just remember, you are trying to appeal to a large swath of people when doing these home upgrades. So stick to fixing things that are obvious and might cause a potential buyer to think twice about buying your house.
Using the ideas on this list should help you produce a great result and do so on a much smaller budget than otherwise possible.
If you need more advice or help with selling your home, contact us and our experienced <a href="https://www.elevaterealtygroup.com/">Granbury Realtors</a> will be glad to help.2023-11-29T09:37:00-07:002023-12-01T08:38:57-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:20311Exploring Granbury’s Premier Golf Communities<img src="https://assets.site-static.com/userfiles/528/image/Exploring_Granburys_Premier_Golf_Communities.jpg" width="1500" height="900" />
Amidst the picturesque landscapes of North Texas, Granbury has carved a niche for itself in the hearts of golf enthusiasts. This quaint town finds its true essence reflected in the lush greens of its premier golf communities. Meticulously designed, Granbury golf courses make the town a coveted destination for those seeking sport and serenity.
The gentle breeze, sunlight on the fairways, and birds chirping create a tranquil backdrop for golf lovers. Residents and visitors alike feel the unique blend of tranquility and thrill that only Granbury's golf communities can offer.
Granbury's charm doesn't end at the greens. Its golf communities are ensconced in serene neighborhoods, where the pace of life takes a gentle pause. Here, the love for golf is a shared sentiment, making every game a community affair.
Let's take a look at the golf communities of Granbury and discover the essence of greenside living.
DeCordova Bend Estates: A Golfer’s Paradise
On the banks of beautiful Lake Granbury, <a href="https://www.decordovabendestates.org/">DeCordova Bend Estates</a> encapsulates the spirit of golf-centric community living.
The Golf Course
The crown jewel of DeCordova Bend Estates is its immaculate golf course. The course boasts a design that challenges golfers of all skill levels. The sweeping fairways, strategic bunkering, and pristine greens make each game a delightful exploration. As players navigate through the course, they're accompanied by a gentle breeze and panoramic vistas.
Living in DeCordova Bend Estates
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/decordova-bend-estates/">DeCordova Bend Estates real estate</a> ranges from cozy homes to sprawling estates, each offering tranquility coupled with modern amenities.
Residents revel in a lifestyle that blends leisure, community, and the joy of golfing. The Estates house a lively community of avid golfers. Besides golf, residents have access to a plethora of amenities including a clubhouse, tennis courts, and a fitness center. The social calendar here is bustling with events that foster a sense of community and everlasting friendships.
Pecan Plantation: Where Green Fairways Meet Cozy Homes
In the heart of Granbury lies <a href="https://www.ppoaweb.com/">Pecan Plantation</a>. A haven where the love for golf melds seamlessly with a warm, inviting community.
The Golf Course
The allure of Pecan Plantation undeniably stems from its captivating golf course. With a fine balance of aesthetics and challenge, the design ensures a rewarding experience for both novices and seasoned golfers. Its well-manicured fairways are bordered by towering pecan trees.
Living in Pecan Plantation
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/pecan-plantation/">Pecan Plantation real estate</a> is varied, offering an array of homes that cater to diverse preferences. From quaint cottages to expansive homes, the residences here are designed to provide a cozy abode amid the lush green vistas.
Life in Pecan Plantation is about being part of a close-knit community that shares a love for the outdoors. Besides golf, the community is adorned with a host of amenities including a club house, tennis courts, and equestrian facilities.
Harbor Lakes: Luxurious Fairways Await
<a href="https://harborlakes.com/">Harbor Lakes</a> is a name synonymous with elegance and a sublime golfing experience in Granbury. The community, with its sprawling golf course, beckons to those who crave a blend of leisure and luxury. The breathtaking views from the fairways and the camaraderie among golf enthusiasts make Harbor Lakes an enchanting place to reside.
The Golf Course
At the heart of Harbor Lakes lies a golf course that is as visually stunning as it is challenging. The meticulously designed greens and fairways provide an invigorating challenge to golfers of all skill levels. Each hole presents a unique test, with water hazards and bunkers waiting to engage the players in a playful duel. The course's scenic backdrop of shimmering lakes and mature trees adds to the exquisite golfing experience.
Harbor Lakes Living
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/harbor-lakes/">Harbor Lakes real estate</a> exudes elegance, with homes that are architecturally pleasing and nestled in peaceful locales. The properties range from stylish single-family homes to luxurious estates, all providing a serene retreat with scenic views.
The lifestyle in Harbor Lakes is enriched by a community that values camaraderie and shared interests. Beyond golf, residents enjoy a spectrum of amenities including a clubhouse, swimming pools, and fitness centers.
Conclusion
Golf communities in Granbury aren't just about the sport. They’re about embracing a lifestyle surrounded by scenic beauty and like-minded neighbors. The charm of Granbury’s golf communities lies in their ability to offer a serene yet engaging lifestyle.
Whether it's DeCordova Bend Estates, Pecan Plantation, or Harbor Lakes, there’s a blend of community, natural beauty, and splendid golfing. It’s inviting for any golf enthusiast looking to settle somewhere that cherishes the sport as much as they do.
<a href="https://www.elevaterealtygroup.com/">Elevate Realty Group</a> is well-positioned to guide you through finding the perfect home in these idyllic golf communities.
How Elevate Realty Group Paves Your Way to Greenside Living
Finding the perfect home in Granbury's esteemed golf communities is a pursuit filled with excitement and promise. Elevate Realty Group is here to ensure this pursuit is as smooth and rewarding as possible. With a deep understanding of Granbury, <a href="https://www.elevaterealtygroup.com/about/agents/">our team</a> is adept at matching your desires with the right community and home.
Our personalized approach ensures that we understand your preferences, lifestyle aspirations, and the golf community vibe that resonates with you. We treasure the opportunity to assist you in finding a home where the fairway becomes your backyard.
With <a href="https://maps.app.goo.gl/FxByVx8x1S95hJQu9">Elevate Realty Group</a> by your side, the dream of greenside living in Granbury is well within reach. Our expertise is your compass in navigating the inviting options Granbury’s golf communities offer. We’ll bring you a step closer to finding a place you'd be proud to call home.2023-09-24T20:07:48-07:002023-09-24T20:24:36-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:1429510 Reasons You Should Move to Granbury Texas<img src="https://assets.site-static.com/userfiles/528/image/10_Reasons_You_Should_Move_to_Granbury_Texas.jpg" width="1500" height="900" />
Have you ever asked yourself, “Is Granbury, TX a good place to live?”. If so, we can assure you that you’re not alone.
Just about an hour from Dallas-Fort Worth, Granbury has seen a 40% increase in population since the last census. This is the highest rate of growth among Texas towns and in the United States! What is it that makes Granbury so attractive?
Granbury is rich with historic landmarks and full of Southern hospitality. As a matter of fact, it was named <a href="https://10best.usatoday.com/awards/travel/best-historic-small-town-2021/">USA Today's best historic small town</a> for 2019, 2020, and 2021. Granbury offers tons of activities, from the historic square to the water sports on Lake Granbury.
Reasons to move to Granbury
Granbury truly has a lot to offer both its visitors and residence. Here are ten great reasons to live in Granbury, Texas.
1. Lake Granbury
We're right on Lake Granbury, which people sometimes mistakenly think is the Brazos River. This lake, which was created in 1969, is one of three lakes created when the Brazos River was dammed. It is contained within the DeCordova Bend Dam. The Brazos River Authority manages and controls 103 miles of shoreline that surrounds this narrow, long lake.
There are many recreational and fishing opportunities at the lake. Largemouth bass, white bass and flathead catfish are all possible catches. The leg is also stocked annually with catfish and bass.
People can boat, wakeboard and waterski around the lake for recreation. There are also many recreational parks such as Hunter Park and City Park.
2. Granbury offers affordable home prices
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/">Homes for sale in Granbury TX</a> are affordable. There's something for everyone. Homes start at $120,000, with luxury homes in high-end neighborhoods like <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/pecan-plantation/">Pecan Plantation</a> going up to $800,000.
The average home cost is $372,000. You’ll find beautiful waterfront communities, gated neighborhoods and homes in the city.
If you’re thinking of moving to Granbury, or just want more information about the area, <a href="https://www.elevaterealtygroup.com/idx/search-form/">start your search right here</a>. We’re experts in this area and can help you find the right home for you in Granbury.
3. The weather in Granbury
On top of everything else, Granbury has great weather. Winters here are mild with highs rarely dipping below 60 degrees. Yes, we do have some pretty hot summers. But that’s just another reason to head down to the lake, or catch some shade at Granbury City Park.
Our hottest months are from June to September, with December through March being our coolest. There are so many wonderful days, and temperatures can range from 50 to 85 degrees. This is great for outdoor activities, as well as the lake.
4. Granbury is a tight-knit community
Granbury's small-town feel is one of the best things about living there. Granbury's small community means that nearly everybody knows everybody. If you get to know a few people, they'll be able to recommend activities to partake in and people to meet.
This makes it easy to connect to the wider community quickly. It's easy to meet others in the town and make friends.
<img src="https://assets.site-static.com/userfiles/528/image/Elevate_-_Granbury_town_square.png" width="1200" height="600" alt="Granbury town square" title="Granbury historic town square" />
5. Granbury is a wonderful place to live in peace and quiet
The quiet life is something to be cherished. Granbury, as mentioned above, is a small community which is peaceful and quiet. A quick visit to Granbury might be a good idea if you've never had the chance to see it in person. There are many things here in Granbury that big cities simply can't offer, like all of the peaceful <a href="https://www.elevaterealtygroup.com/blog/granbury-subdivisions/">Granbury subdivisions</a>.
6. Granbury is rich in Texas history
Granbury history is extensive and interesting, even if you’re not a historian. Visit the Ghosts and Legends tour or the Hood County Jail Museum or the courthouse at the historic square. Take in a live performance at the <a href="https://www.visitgranbury.com/listing/granbury-opera-house/6141/">Granbury Opera House</a>, built in 1886. Also, you can visit the Doll House Museum where over 6000 dolls are on display.
7. Granbury is a foodie’s paradise
Although Granbury isn’t as large as Fort Worth and Dallas, it has some amazing restaurants. Granbury has a variety of restaurants, including great downtown dining, wine and spirits on Lake Granbury, delicious seafood, and romantic spots.
You want to be a little fancy? <a href="https://www.restaurantanise.com/">Restaurant Anise</a> has some great fine dining options. Things like pan roasted amberjack, fried soft shell crab, and even an antelope chop.
But this isn’t your only choice. Granbury has more than a dozen restaurants, cafes, and dessert shops.
8. Fantastic fishing opportunities
Although I know that I have already mentioned fishing, it’s so vital that it deserves to be repeated. You can find public boat ramps and fishing platforms at five locations around Lake Granbury. To plan your chances of catching a variety of fish, you should follow the <a href="https://tpwd.texas.gov/fishboat/fish/action/reptform2.php?lake=GRANBURY&archive=latest&yearcat=current&Submit=Go">local fishing reports</a>.
9. Convenient location
Granbury is located about <a href="https://www.google.com/maps/dir/Granbury,+Texas/Fort+Worth,+Texas/@32.5969765,-97.8957522,10z/data=!3m1!4b1!4m14!4m13!1m5!1m1!1s0x864e2140da16022b:0x733b81cd6d438eb0!2m2!1d-97.7905758!2d32.4488736!1m5!1m1!1s0x864e6e122dc807ad:0xa4af8bf8dd69acbd!2m2!1d-97.3307658!2d32.7554883!3e0?entry=ttu">45 minutes southwest of Fort Worth</a> and a little over an hour to Dallas.
You can still enjoy the Texas Hill Country and Lake Granbury, even though the city is only 40 miles away. It is possible to own farmland or acreage. However, you are still only an hour from major metropolitan areas.
Are you a fan of Chip and Joanna Gaines? Waco Texas is less than two hours away. The <a href="https://magnolia.com/silos/">Magnolia Market at Silos</a> is a great day trip for anyone who just needs a little more shiplap in their life.
<img src="https://assets.site-static.com/userfiles/528/image/Elevate_-_Lake_Granbury.png" width="1200" height="600" alt="Lake Granbury" title="Lake Granbury" />
10. Granbury is close to nature
Granbury is a special place. While you can be near nature in many towns across the country, there’s something unique about Granbury. Take a look at the Granbury Hike & Bike Trail and other local trails.
This concrete trail, which measures 8 feet wide, runs almost 2 1/2 miles between the Granbury Regional Airport and Shanley Park on Houston Street. It was built in 2006. This is a wonderful way to enjoy the local sights, sounds and atmosphere.
The Crockett Butterfly Trail and the William Travis Nature Trail, which includes the butterfly garden, are all within a short distance of each other. Granbury is a great place to take a break from the hustle and bustle of life and connect with nature.
Granbury is a great place to live
We hope you found this article helpful. It outlines some of the greatest advantages that you can expect to enjoy after moving to Granbury. It will be a lot of work, no matter where you are moving to.
You should choose a place you feel is worth the effort. Let us know if our expert <a href="https://www.elevaterealtygroup.com/">Granbury Realtors</a> can help you and your family find your dream home in our beautiful town.2023-09-24T18:00:00-07:002023-09-24T18:13:54-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:19560The Best Subdivisions in Granbury, TX<img src="https://assets.site-static.com/userfiles/528/image/The_Best_Subdivisions_of_Granbury_TX.jpg" width="1500" height="900" />
At <a href="https://www.elevaterealtygroup.com/">Elevate Realty Group</a>, we're more than just real estate agents. We're your neighbors, your friends, and your advocates in navigating the exciting world of real estate. Led by our owner and broker, Randall Luna, we're on a mission to transform your property dreams into reality. Let's get started, shall we?
Granbury, TX: A Real Estate Haven
Nestled in the heart of Texas, you'll find Granbury - a real gem. It's not just a town; it's a community rich with history, culture, and charm. But that's not all. Granbury is also a haven for real estate, offering unique opportunities for buyers and sellers alike.
The Charm of Granbury Subdivisions
Peek into Granbury and you'll quickly see its charm. <a href="https://www.elevaterealtygroup.com/blog/granbury-subdivisions/">Granbury's subdivisions</a> are not just rows of houses; they're a collection of homes teeming with character. From cozy cottages to sprawling estates, there's a home for everyone.
Each neighborhood offers something unique, a testament to Granbury's rich tapestry of life. It's the kind of place where you'll instantly feel at home.
Abe's Landing: A Piece of History Reimagined
Granbury is rich with history, and Abe's Landing stands as a shining example. It's more than a subdivision; it's a tribute to the past, reimagined for today's living.
The Story of Abe's Landing
The story of Abe's Landing runs deep. With a nod to our city's roots, this subdivision embodies Granbury's charm, blended with modern amenities. Here, you'll find a unique balance of history and contemporary lifestyle, making it the perfect place to call home.
Housing Options in Abe's Landing
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/abes-landing/">Homes in Abe’s Landing</a> offer a variety of options to fit your needs. Whether you're looking for a cozy starter home or a spacious family retreat, you'll find it here. The community's design has families in mind, offering space, comfort, and a sense of belonging. Home is waiting for you in Abe's Landing.
Canyon Creek: A Rustic Waterfront Community
Canyon Creek, with its rustic charm and waterfront views, holds a special place in Granbury's real estate scene. It's a community where life slows down, and nature's beauty takes center stage.
Unique Attributes of Canyon Creek
What sets Canyon Creek apart? It's all about location and lifestyle. Nestled by the lake, this community brings you closer to nature.
Plus, there's an undeniable sense of community here. Neighbors become friends, sharing in the laid-back, lakeside lifestyle that Canyon Creek offers.
Real Estate in Canyon Creek
When it comes to <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/canyon-creek/">real estate in Canyon Creek</a>, expect variety and value. From modest homes to spacious estates, there's something for everyone.
And the best part? Each property offers a taste of lakeside living that's hard to find elsewhere. Discover your dream home in Canyon Creek.
DeCordova Bend Estates: Where Diversity Meets Scenic Views
Welcome to DeCordova Bend Estates, a unique blend of scenic views and diverse housing options. It's a place where residents enjoy the best of Granbury living.
History of DeCordova Bend Estates
DeCordova Bend Estates has a rich history. It started as a dream – a vision of a community that balances natural beauty and modern convenience. Today, it's a reality and a beloved part of Granbury.
Housing Types in DeCordova Bend Estates
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/decordova-bend-estates/">Homes in DeCordova Bend Estates</a> offer a wide range of styles. Whether you're a first-time buyer or looking to upgrade, there's a home for you here. Enjoy everything from cozy cottages to lavish residences.
Amenities at DeCordova Bend Estates
Living in DeCordova Bend Estates means enjoying top-notch amenities. Picture this: golf courses, tennis courts, swimming pools, and a marina – all within your reach. It's not just a home, it's a lifestyle.
Harbor Lakes: A Blend of Luxury and Tranquility
Say hello to Harbor Lakes, where luxury meets tranquility. It's an exceptional community offering residents a life of comfort and peacefulness.
Variety of Homes in Harbor Lakes
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/harbor-lakes/">Homes in Harbor Lakes</a> are as diverse as they are beautiful. From elegant single-story homes to majestic multi-level houses, the variety is sure to appeal to everyone. It's a place where your dream home awaits.
Nearby Attractions in Harbor Lakes
What makes Harbor Lakes special isn't just the homes. It's also the nearby attractions. Think relaxing spas, fun-filled parks, exquisite restaurants, and more. Life at Harbor Lakes means always having something exciting to do.
Mallard Pointe: A Nature-Filled Living Experience
Welcome to Mallard Pointe, a haven that lets you fully embrace nature. Imagine the beauty of wildlife, and the serenity of trees right at your doorstep. It's not just living; it's an experience.
Embracing Nature in Mallard Pointe
In Mallard Pointe, it's all about being one with nature. The community is nestled amidst lush greenery, offering breathtaking views at every turn. It's a joy to wake up to the sound of chirping birds or to take a stroll under the trees.
Real Estate in Mallard Pointe
The <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/mallard-pointe/">homes in Mallard Pointe</a> echo the beauty of nature. With spacious interiors, thoughtful architecture, and abundant natural light, each house is designed to blend seamlessly with the environment. It's the perfect place for those seeking a balance of comfort and nature.
Bentwater on Lake Granbury: Stunning Views and More
Bentwater on Lake Granbury. Just hearing its name stirs images of stunning landscapes. It's a real estate paradise with a lot more than just great views to offer.
Why Bentwater on Lake Granbury Stands Out
What sets Bentwater apart? It's a mix of tranquil beauty, warm community spirit, and high-quality homes. Plus, the breathtaking views of Lake Granbury. It's hard to find a blend like that anywhere else.
Property Types in Bentwater on Lake Granbury
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/bentwater-on-lake-granbury/">Bentwater homes</a> cater to a wide variety of preferences. From charming single-family homes to large luxurious estates, it offers an array of options. Whether you're a first-time home buyer or looking for a peaceful retirement spot, Bentwater has something just for you.
Let Elevate Realty Group Help Find Your Granbury Dream Home
We've taken a journey through Granbury's fantastic subdivisions, each with its unique charm.
What's not to love? It's a perfect blend of history, community, and natural beauty.
Each subdivision offers its unique experience and charm. No matter your lifestyle or your home preferences, Granbury, TX, has a place that's just right for you. Finding the perfect home isn't just about the house. It's about the community, the landscape, the lifestyle.
At <a href="https://goo.gl/maps/uwn8JNEV5amsfTnx6">Elevate Realty Group</a>, we understand that. We're here to guide you through the journey, helping you explore the options and find the home that fits your dreams. Ready to start the adventure? Let's talk today!2023-08-08T19:55:11-07:002023-08-08T21:03:40-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:18380Do Open Houses Still Work?<img src="https://assets.site-static.com/userfiles/528/image/Do_Open_Houses_Still_Work.jpg" width="1500" height="900" />
If you're thinking of selling your home, you've probably thought about holding an open house. Open houses are a popular way for real estate agents to promote properties to potential buyers. However, the question remains: do open houses work?
In this article, we'll examine the effectiveness of open houses as a sales strategy. We'll weigh the pros and cons, evaluate their success rates, and offer alternative options. Furthermore, we'll share our experiences and provide valuable insights.
Whether a homeowner or an agent, this article will help you determine if open houses are an effective tool for you.
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What is an open house?
An <a href="https://www.elevaterealtygroup.com/buyers/open/">open house</a> is a type of showing that opens a property to the public for viewing. Unlike traditional showings, they’re designed to attract a larger audience and can be an effective marketing tool.
The process typically involves three steps:
Preparation: The real estate agent collaborates with the homeowner to get the property ready for viewing. This may involve cleaning, decluttering, and <a href="https://www.elevaterealtygroup.com/blog/staging-your-home-for-sale/" style="font-size: 13px; background-color: transparent;">staging the home</a> to make it more appealing to potential buyers.
Promotion: The agent will then advertise the open house using various channels. This includes social media, flyers, and signage to generate interest and attract visitors.
Execution: During the open house, the agent will be present at the property. They’ll welcome visitors, answer questions, and provide information about the home and the surrounding area.
While open houses are a popular strategy in real estate marketing, they are not without their critics. Some argue that they can attract non-qualified buyers. Others contend that they simply serve as a way for agents to promote themselves rather than sell the property. Nonetheless, open houses remain a common way for real estate agents to showcase homes to potential buyers.
Benefits and potential drawbacks
Open houses are a marketing strategy for selling homes that can have advantages and drawbacks. Here are some of each:
Advantages
Increased Exposure: Open houses can generate more interest and exposure for a listing by opening the property to the public. This can lead to more potential buyers seeing the property and making an offer.
Convenience for Buyers: Buyers can easily view the property without having to schedule an appointment or work around the seller's schedule.
Higher Sale Price: Multiple offers resulting from increased interest in a property can drive up the sale price.
Drawbacks
Security Risks: Opening a property to the public can pose security risks. Since it's challenging to control who comes and goes, it can lead to theft or other safety concerns.
<a href="https://www.pandadoc.com/blog/remember-these-red-flags-to-help-identify-tire-kickers/" target="_blank">Tire-Kickers</a>: Some visitors attend open houses out of curiosity without any intention of buying. This can waste valuable time for the seller and agent.
Low Attendance: Despite the potential benefits, open houses can sometimes have low attendance. This might be a discouraging experience for the seller and agent.
Various statistics and examples support both sides of the open house debate. For instance, according to the <a href="https://www.nar.realtor/about-nar" target="_blank">National Association of Realtors</a>, open houses are responsible for 4% of home sales.
Although studies have shown that buyers prefer private showings, anecdotes from real estate agents and homeowners vary widely. While some have had success with open houses, others find them to be a waste of time.
Ultimately, whether open houses are effective for selling homes depends on several factors, such as location, price range, and property condition. The marketing strategy and expertise of the real estate agent are equally important in determining success.
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Alternatives
When it comes to selling homes, there are a variety of alternative options to consider in addition to open houses. These options may provide a more effective way to reach potential buyers.
Here are some alternative strategies to consider:
Private Showings: With private showings, potential buyers can view a property at a time that is convenient for them. Real estate agents can work with buyers to schedule personalized tours and answer any questions they may have.
Virtual Tours: Virtual tours offer a convenient way for buyers to view a property without physically being there. These tours can include 3D photos, drone footage, or pre-recorded video tours.
Online Listings: In today's digital age, online listings are essential for any home selling strategy. High-quality photos, detailed descriptions, and accurate pricing information can help attract potential buyers.
Networking: Real estate agents can leverage their professional networks to connect with potential buyers and other agents. These agents may have clients looking for a property similar to the one you’re selling.
While open houses may not always be the most effective marketing strategy, there may be situations in which they are useful. For example, open houses can generate buzz for a new property or showcase unique features of a home.
Ultimately, homeowners and agents should consider a variety of marketing strategies. They should tailor their approach to the property and target audience. By doing so, they can increase their chances of selling a home quickly and for the best price possible.
Our approach
At <a href="https://www.elevaterealtygroup.com/">Elevate Realty Group</a>, we understand the value of open houses as a marketing tool. Our approach is designed to maximize their effectiveness for our clients.
Here are some tips we offer based on our experience:
Timing is important: We consider local events, holidays, and weather when scheduling open houses to ensure maximum attendance and interest.
Personalized attention: We provide personalized tours and answer questions from potential buyers to build a personal connection.
Follow-up: Following up with visitors after the open house can help gauge interest and provide valuable feedbac
Consider alternatives: While open houses can be effective, we also recommend private showings and networking as alternative approaches.
<a href="https://www.elevaterealtygroup.com/about/agents/">Our team</a> is dedicated to tailoring our approach to the unique needs of each client and property. We strive to provide exceptional service and innovative marketing strategies to help our clients achieve their real estate goals.
We want to help!
At <a href="https://www.elevaterealtygroup.com/about/">Elevate Realty Group</a>, we understand that selling a home can be a complex process. And that’s why we're here to help every step of the way.
While open houses can be a valuable tool in marketing your property, they are not always the best option. Our experienced agents can provide personalized advice on the most effective strategies for your specific situation.
<a href="https://www.elevaterealtygroup.com/sellers/">We offer a range of services</a>, from private showings and virtual tours to online listings and networking with other agents. Our goal is to help you sell your home quickly and at the best possible price.
If you're considering selling your home, contact us today to learn more.
2023-06-01T13:00:00-07:002023-05-20T13:29:00-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:18379What Happens if Your Appraisal Comes in Low?<img src="https://assets.site-static.com/userfiles/528/image/Appraisal_Comes_in_Low.jpg" width="1500" height="900" />
Selling your house can be an exciting but nerve-wracking experience. Naturally, you want to get the most money possible for your home. But what if the appraisal comes back lower than expected?
This is a common concern that can cause headaches for both the seller and buyer. It could potentially delay the closing or even cause the sale to fall through.
However, a low appraisal doesn't have to be a dealbreaker. In fact, it happens more often than you might think. That's why it's crucial to be prepared if you're selling your house.
So we'll cover the basics of home appraisals and the factors that can impact the value of your property. We'll also delve into some of the common reasons appraisals come in low and offer tips on how to prevent it.
By the end, you'll have a better understanding of the appraisal process, and the confidence to navigate your home sale successfully.
What are home appraisals?
If you're <a href="https://www.elevaterealtygroup.com/sellers/">selling your home</a>, one important step in the process is getting it appraised. An appraisal is an evaluation of your property's value conducted by a licensed appraiser. The appraiser takes into account a variety of factors to determine your home's <a href="https://www.rocketmortgage.com/learn/fair-market-value#:~:text=Fair%20Market%20Value%20(FMV)%20Meaning,about%20the%20property%20in%20question." target="_blank">fair market value</a>.
During the appraisal process, the appraiser will conduct a thorough inspection of your home. This includes both inside and out, as well as the surrounding neighborhood. They'll use this information to compare your property to recently sold homes in the area, and consider current market trends.
Several factors can impact the appraisal value of your home, including condition, size, layout, and upgrades or improvements you've made. Other factors that can affect appraisal value include the location, neighborhood, and proximity to amenities like schools and shopping centers.
The appraiser plays a critical role in the home selling process. Their appraisal report is used by lenders to determine how much they're willing to lend to potential buyers. A low appraisal can make it challenging for buyers to secure financing, potentially derailing the sale of your home.
To ensure a fair and accurate appraisal, it's crucial to work with a reputable appraiser. One who has experience appraising homes in your area. This will help you get the best possible price for your home when it comes time to sell.
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What can cause a low appraisal?
While homeowners aim for a high appraisal value, there are several reasons why a home appraisal might come in low. Understanding these reasons can help you prepare for the appraisal and take steps to mitigate any potential issues.
One common reason for a low appraisal is the condition of the home. If your property is in poor condition or requires significant repairs, the appraiser may lower the appraisal value. The same is true for outdated features or design elements that may make the home less appealing to potential buyers.
Market conditions and location can also significantly impact the appraisal value. If your home is located in a high-inventory, low-demand area, the appraiser may lower the value. Similarly, if your home is in an area with high crime rates, this can negatively affect the appraisal.
Inaccurate property information or incorrect comparables used in the valuation process can also result in a low appraisal. It's essential to carefully review the appraisal report and address any inaccuracies or discrepancies with the appraiser. That's why it's critical to work with an experienced appraiser.
What can you do if you receive a low appraisal?
It can be frustrating to receive a low home appraisal. But there are several steps you can take to address the situation.
The first step is to carefully review the appraisal report to ensure there are no errors or omissions. If you believe there is an issue, you can request a reconsideration or appeal the appraisal. But keep in mind these processes can be time-consuming and not always successful.
If you are unable to dispute the appraisal, you still have options. One option is to work with your real estate agent to negotiate with the buyer or their lender. Depending on the situation, the buyer may be willing to pay the <a href="https://www.bankrate.com/real-estate/what-is-an-appraisal-gap/" target="_blank">appraisal gap</a> out of pocket. Or, in some cases, the lender may be willing to approve a higher loan amount.
Another option is to consider making improvements to your home to increase its value. This could include repairing or upgrading the property, such as replacing outdated features or addressing any maintenance issues. However, keep in mind that these improvements can be costly. They also may not result in a significant increase in the appraisal value.
Finally, you may need to consider lowering your asking price or walking away from the sale. Sure, these options may not be ideal. But it's important to remember that selling your home at a fair price is ultimately in your best interest. Your real estate agent can help guide you through these options and help you make the best decision for your situation.
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Keep this in mind
It's important to remember that the buyer was interested in your home before the appraisal. Unless major issues were uncovered during the appraisal, it's likely that they're still interested.
Things like outdated design or a lack of amenities weren’t an issue for the buyer before. They shouldn’t be a deal breaker now. In many cases, buyers may be willing to pay the offer price or negotiate to come to a mutually beneficial agreement.
A low appraisal is not the end of the world. There are steps you can take to address it and keep the sale on track. Keep a level head, <a href="https://www.elevaterealtygroup.com/about/agents/">work with an experienced, trusted agent</a>, and explore all options before making any major decisions.
Tips to prevent a low appraisal
Let’s face it, some factors that affect your home appraisal are beyond your control. But there are actions you can take to improve your chances of receiving a fair and accurate valuation. Consider these tips to help prevent a low appraisal:
Research the <a href="https://www.elevaterealtygroup.com/hood-county/market-statistics/" style="font-size: 13px; background-color: transparent;">market statistics</a> in your area before listing your home to set a realistic asking price.
Make necessary repairs and upgrades to improve the condition and value of your home.
Declutter, clean, and <a href="https://www.elevaterealtygroup.com/blog/staging-your-home-for-sale/" style="font-size: 13px; background-color: transparent;">stage your home</a> to make a good impression on the appraiser.
Keep records of any repairs or upgrades you've made to your home, including receipts and invoices.
Be present during the appraisal to provide additional information about your home.
Provide the appraiser with recent sales of comparable homes in your area to ensure they use accurate data in their valuation.
Avoid overpricing your home by working with your real estate agent to set a realistic asking price.
Implementing these tips can boost the likelihood of getting a just and precise home appraisal. Working with a good agent and readying your home for the appraisal can enhance the possibility of a successful sale.
The bottom line
As a homeowner, receiving a low home appraisal can be frustrating and stressful. However, it's important to remember that there are steps you can take to address the situation.
At <a href="https://www.elevaterealtygroup.com/">Elevate Realty Group</a>, we are here to support you through every step achieving your real estate goals. Whether it’s time to sell, or <a href="https://www.elevaterealtygroup.com/idx/results/?searchtype=2&searchid=28377">buy a Granbury home</a>. Our experienced agents can help you navigate the appraisal process and ensure a successful sale at a fair price.2023-05-20T12:34:00-07:002023-05-20T12:51:44-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:17717Ten Reasons to Use a Realtor to Sell Your Home<img src="https://assets.site-static.com/userfiles/528/image/Ten_Reasons_to_Use_a_Realtor_to_Sell_Your_Home.jpg" width="1500" height="900" />
Ten Reasons to Use a Realtor to Sell Your Home
There are many options available to you when selling your home. The first step of the home-selling process involves choosing the best option for you. To sell your home, you don't necessarily need to hire a realtor. This is often the first question homeowners ask.
For sale by owner (FSBO), is a popular option for sellers because they can save thousands on their realtor fees. It's great to save money, but you might not be able to sell your house if you don't have the time or you haven’t sold it before.
The seller must avoid falling for common real-estate pitfalls. A seller should conduct extensive research about the market and manage all paperwork, negotiations and timelines. A single mistake can cost you a lot.
If you're new to home selling, it's a good idea to partner with a realtor. Realtors are licensed professionals who hold membership in The National Association of Realtors. These professionals may be able help you:
Real estate agent
Real estate broker
Broker-associate
Managing broker
While some agents may be able to help customers buy or sell property, they are not members of the NAR. They do not have to meet the NAR's educational and ethical requirements. This is important because it could mean that a realty agent won't work out.
No matter their NAR status, all licensed real estate professionals must complete 30 to 90 hours training annually. This is something that you can use to your advantage if you have a licensed professional to help you sell your most valuable asset.
When you choose a Realtor to represent your interests, they will have more training than non-NAR members.
You can sell your home yourself, so why use a realtor? These are 10 top reasons.
1. You've never sold a house before
If you've never sold a house before, there is a steep learning curve. You know all the education requirements?
People who decide to do FSBO underestimate how much work and experience it takes. Your first step in the home selling process is to learn the skills and knowledge necessary to achieve the best results. You need to be able to sell a house quickly and effectively.
Know your local real estate market
Negotiation skills
Marketing skills
Expert communication skills
Legal knowledge
These skills are the most essential. These skills can be difficult to master if you've never sold a home before.
Learning is only the beginning of your journey. Next, prepare to sell your home. Next, determine the market value of your house. You will lose money if you price your home too low and you'll be losing any money you might have saved by using a realtor. Most FSBO homes <a href="https://collateralanalytics.com/saving-real-estate-commissions-at-any-price/">sell for a lower price</a> that homes sold by a realtor.
You will also need to invest a lot. Flat fee MLS services cost $300-500. To list your house on multiple listing service (MLS), you will need to pay. Although there are FSBO listing sites, the MLS is by far the most popular. 9 out of 10 sellers list their properties on the MLS. To draft and review the purchase and sale agreement, you will need to consult a real estate lawyer. This document is legally binding.
It's easy to lose your way when trying to sell your house FSBO. It doesn't mean that your house will be sold, even if you do everything right.
It is worth hiring an agent if you have never sold a house before. To schedule an interview, contact a real estate agent. Ask questions to get an idea of the process and determine how you would like to proceed.
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2. You are far too busy
Selling a house can be a tedious task. Selling a house is a full-time job in many aspects. Selling your house involves more than just posting a sign outside your home.
If you work full-time, selling a home alone will only add stress to your already stressful day. Here are some questions to ask before you list your house FSBO.
Are you able to answer all the questions of potential buyers?
Do I have the time and energy to sell my house while I work?
Are you willing to seize every opportunity to sell your house?
Do I think I can complete the entire selling process with the required time and energy?
If you answered no to any of these questions, FSBO might not be the best way to sell your house. The process doesn't stop there. You will need to organize an open house and decide where to place your property online. Potential buyers will also want to see your house.
Good realtors will work full-time to sell your house. It doesn't take much time to stage your home, make calls, evaluate potential buyers, or list your property. All of these tasks are part of their job. Realtors have all the tools necessary to successfully and efficiently sell your house.
It can be difficult to be your own agent. Consider how long it will take to sell your house FSBO before you make a decision.
3. Real estate marketing is not something you know.
Selling your house is only possible if you market it well. <a href="https://www.elevaterealtygroup.com/blog/home-maintenance-that-saves-money/">Your home</a> could be on the market for many months if it is not properly marketed. Your house will be marketed by a realtor.
A realtor should have the MLS as a tool in their arsenal. A FSBO seller might list their home on Zillow or Facebook. A realtor will be able to maximize the MLS. You can also list your property on other websites such as:
Realtor.com
Zillow
Trulia
A FSBO seller might pay a realtor to list their property on the MLS FSBO. The real property commission is not part of the listing agent's fees. A MLS listing will make your home available to other realtors as well as potential buyers. NAR's code states that Realtors must form cooperative relationships for the benefit of their clients. It is common to use cooperative sales. A realtor may have connections that could make it possible to sell your house. This alone can make the sale worthwhile.
A realtor can also help you determine the best places to advertise your home and which are most effective in your local area. A realtor will help you evaluate <a href="https://www.elevaterealtygroup.com/blog/upgrades-for-your-home-that-make-sense-for-selling/">which upgrades need to be done</a>, how to stage your house, and can also hire a professional photographer for high-quality photos. A realtor can also assist you in writing a description for your home. Open houses are also possible to show your home to potential buyers to highlight the features that appeal to them.
4. Access to professional tools and apps is not available to you
The average FSBO seller doesn't have the same tools as realtors. We have already discussed the advantages of having MLS access for your home. Let's now examine MLS and other tools realtors use to sell homes.
MLS is a restricted database which only licensed agents or brokers have access to. Realtors upload all details about a property to the MLS database, including photos, square footage and number of bedrooms. All realtors have access to this information and it can be shared with their clients. MLS is one of the most powerful tools a realtor has.
ShowingTime is an extremely popular tool that agents use these days. ShowingTime is an app realtors use to track and confirm showings. It makes it easy for you to sell your house. They receive feedback from potential buyers and share it with sellers to keep them informed throughout the home-selling process.
Another tool realtors use is the Supra lockbox to protect their keys. The property's front is where you will find an automated lockbox. You can either use a code to open it or have it synced with your phone. It allows realtors to easily show your house at any time. Lockboxes offer security for home sellers because all access is granted and authorized.
Yard signs are an important part of a realtor's home-selling plan. A well-designed sign placed in the yard has helped many homes sell and be discovered by passing traffic. It is important to remember the power of a yard sign that has a waiting agent eager to meet potential buyers.
5. Your security is a concern
Realtors have several ways to protect you and your home when dealing with potential buyers. One way is to pre-screen potential buyers. Their mortgage company has already approved pre-approved buyers. A pre-approval means that the mortgage company has already done these things.
Verify the income of your buyer
Check the credit history of your buyer
Other financial and personal details verified
What does preapproval mean for safety? Pre-approval is a sign that the buyer is serious about purchasing a home. This indicates that the lender has conducted extensive research on the buyer, including their employment history, social security number, and other relevant information. Most FSBO sellers won't have access to preapproval letters before they can show their homes.
You can have your house marketed by a realtor. They will also be able to show you the property if they have completed all background checks. A realtor can also handle open houses. As we discussed, they can also access lockboxes to track showings with tools such as ShowingTime and Supra lockboxes.
6. Negotiating is not an easy task.
Excellent negotiation skills are a must for any realtor. Negative negotiation skills could result in you losing thousands of dollars when you sell your house. Buyers might walk away with a better offer. If you're not confident, it's best to avoid trying to negotiate a deal.
Your realtor must comply with <a href="https://www.investopedia.com/terms/f/fiduciary.asp">fiduciary obligation</a> in order to get the best price possible for your home. A skilled negotiator is also a realtor, which means they are well-versed in the nuances of closing real estate deals. They can help you navigate the process and negotiate on your behalf so that you don't make bad decisions.
Because <a href="https://www.elevaterealtygroup.com/">realtors</a> assess the offer objectively, your position will not be compromised. The outcome is not affected by realtors. This allows them to remain independent and help you sell your home quickly. Another reason to consider this is: Why hire a realtor when your home can be sold yourself?
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7. It is not easy to understand real estate contracts
Without formal training, it is difficult to understand the details of real estate contracts. There are many laws that regulate home sales. These laws can vary from one state or the next. A realtor can help you navigate these legal documents and keep you within the law.
A real estate purchase agreement can include many terms. Understanding the legal implications of every addendum, contingency and rider that may affect your home sale is crucial.
A key part of any realty contract is the seller disclosures. All material facts that may affect the value or desireability of the home must be disclosed by the seller to the buyer. Inadvertent failure to disclose can lead to liability for fraud or breaching contract, negligence, and/or both.
Your realtor is an expert in this area and can help to avoid being sued when you are selling your house. Real estate agents are also aware of any legal changes that may affect real estate contracts. If you fail to disclose negative information about your property, a buyer can sue. Realtors can also make mistakes, but they are required to have business liability insurance in the event of an issue.
An FSBO seller should be able understand all laws and regulations. It can be difficult to comprehend the legal jargon and understand how binding and non-binding contracts differ. When you hire a Realtor, you are making a hiring decision to become an expert in real-estate transactions.
8. It can be difficult to accurately price your home
Experts in the pricing of your house for sale are realtors. A variety of tools are available to assist them in accurately pricing your house so you get the best deal. One method they use to determine the value of your home is a comparative market analysis (CMA). CMA uses comparable sales to estimate the value of your house.
These tools and methods can be used by realtors to value your home when they conduct a CMA.
They also consider the current market properties
Home appraisals
Market Conditions
Your home's size and usable area
These factors are crucial in determining the value of your home by a realtor to ensure it sells at the highest price. A realtor can also help you make your house more attractive by suggesting ways to improve its value, such as making cosmetic repairs or improving its value.
Realtors are always up to date on the market for home values. Realtors are always on the lookout for changes in the market that could affect your home's value. They will ensure that your home is priced correctly to attract buyers and allow you sell at the highest possible price.
Sellers who attempt to sell their homes on their own risk undervaluing or overvaluing them. Sellers who try to sell their home on their own risk having an emotional attachment that makes objective viewing difficult. A competent realtor can help you avoid these pitfalls.
9. You may not be familiar with the escrow process.
Escrow is the time between when a buyer offers to buy your home and the closing date. Escrow starts when you sign the purchase agreement with the buyer and ends when the funds are disbursed at closing. An escrow account is a place where you can deposit funds and receive guidance from a realtor.
The escrow officer ensures that all essential items are kept safe until the deal is finalized and the property passes to the new owner. Escrow protects all parties to a real estate transaction by making sure that money doesn't change hands until all conditions are met. These are the tasks required for Escrow:
Home inspections A home inspector inspects your house to identify any problems, hazards, or defects.
Repairs - The buyer can negotiate repairs prior to closing following the home inspection.
Appraisal - To protect its financial interests, the buyer’s lender will order an appraisement of the property.
Mortgage approval Buyers must wait for approval from the bank before they can obtain financing and at what <a href="https://www.elevaterealtygroup.com/blog/how-do-mortgage-rates-affect-real-estate/" style="font-size: 13px; background-color: transparent;">mortgage rate</a>.
Both the buyer and seller have the right to negotiate terms during every stage of the escrow process. Remember the importance of negotiation skills? If a realtor does not represent you, your best interests may be overlooked.
It can be hard to navigate the escrow process with FSBO sellers. However, it is not impossible. It is important to seek professional assistance if you are not confident in your abilities.
10. You need someone to be there for closing
Closing a home is a difficult and emotional process. A realtor can be of great assistance. You will get their complete attention. It is a comfort to know that someone is familiar with closing your home. Legally, realtors have to look out for your best interests at all times, even closing.
Realtors are familiar with the complexities involved in closing paperwork. They are also available to help you coordinate with your attorney or title company. It can be difficult to understand disclosures and contracts. There are also many options available for last-minute items. Your realtor will ensure that you are informed about all unforeseen issues so that closing goes smoothly.
A good agent will represent your interests and advocate for you during closing. You'll be able to celebrate the closing with someone you love!2023-04-05T10:47:25-07:002023-11-29T16:14:42-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:18378Closing Costs and Who Pays Them<img src="https://assets.site-static.com/userfiles/528/image/Closing_Costs_and_Who_Pays_Them.jpg" width="1500" height="900" />
Buying or selling a home involves a lot of costs. The big expenses like down payments and repairs may be the more obvious ones. However, there are other expenses that need to be taken care of before the deal is done. These costs are known as closing costs, and they can be a bit confusing, especially for first-time home buyers.
So, who pays for these closing costs? The answer is both the buyer and the seller, but the specific fees and amounts they pay will vary.
With that in mind, we’ll explain who pays for what when it comes to closing costs. Additionally, we’ll answer a few more questions along the way.
<img src="https://assets.site-static.com/userfiles/528/image/Closing_Costs_and_Who_Pays_Them_5.png" width="600" height="300" style="display: block; margin-left: auto; margin-right: auto;" />
What are closing costs?
Closing costs are the expenses linked to the conclusion of a real estate transaction. The types of fees can differ based on the property's location and type.
Let's delve into the usual closing costs associated with any home sale, who typically pays them, and how they're paid.
Buyer costs
Buyers are usually responsible for paying the following expenses at closing, many of which are related to obtaining a home loan. It's essential to note that these costs are typically paid out of pocket.
Here are some of the most common buyer costs associated with closing a home sale:
Attorney costs: Real estate attorneys can help with reviewing contracts, titles, and closing documents. They usually charge by the hour, but some tasks may have a set fee.
Home inspection fee: As a buyer, you should always have a home inspection to evaluate the property's condition. You'll be responsible for paying the inspector's fee at closing.
Appraisal fee: If you're applying for a mortgage, the bank will require an appraisal to estimate the property's value.
Underwriting/credit reporting fees: The lender may charge fees for running a credit check and other tasks associated with your loan.
Prepaid interest: This is the interest accumulated between the closing date and the first mortgage payment.
Homeowners insurance: Lenders may require a homeowners insurance policy with the first premium payment due at closing.
Title search fee and insurance: Title insurance covers any future claims or issues with the property title. Lender's title insurance is typically mandatory, but buyers can also opt for owner's title insurance for additional protection.
Seller costs
The seller is usually responsible for paying the following closing costs, which are typically deducted from sale of the home:
Realtor commissions: Both the buyer's and seller's agents are paid a commission for their role in the home sale. Typically, sellers pay a percentage of the final purchase price for both commissions.
Title fees: These fees are associated with transferring the home's title from the seller to the new buyer.
Homeowners association fees: If the home is in a community with an HOA, any outstanding HOA fees are paid at closing.
Property taxes: If there are any unpaid property taxes, they are paid at closing to bring them current.
Although the list of fees that buyers pay may seem longer, they usually pay less in closing costs overall. It's important to note that these are strictly the closing costs and don't include any <a href="https://www.elevaterealtygroup.com/blog/down-payment-assistance-for-granbury-homebuyers/">down payment</a>, which is separate.
How much are closing costs?
Closing costs for a home sale can vary depending on the location and type of property being sold. Generally, sellers can expect to pay anywhere from 6% to 10% of the home's purchase price at closing. For buyers, they can expect to pay between 2% to 5% of the sale price.
For example, if a property is being sold for $250,000, a buyer's closing costs would likely range from $5,000 to $12,500. Sellers can expect to pay anywhere from $15,000 to $25,000.
Unfortunately, buyers often don't receive a clear picture of their closing costs until just a few days before closing. Sellers may have a more advanced understanding of their costs through a <a href="https://www.bankrate.com/real-estate/what-is-seller-net-sheet/" target="_blank">seller's net sheet</a>.
The loan type makes a difference for buyers
As previously mentioned, closing costs for a buyer are typically around 2% to 5% of a home’s purchase price. However, this is assuming they’re obtaining a conventional loan. The type of mortgage a buyer chooses can significantly impact the closing costs they will incur.
In cases where buyers make a small down payment, lenders may require additional fees in case of default or delinquency. These fees are usually paid at closing.
For government-backed loans, like VA and USDA loans, borrowers may have to pay one-time funding or upfront fees, respectively. FHA loans, on the other hand, come with a mortgage insurance premium (MIP). This equals 1.75% of the total loan amount due at closing, as well as annual premiums going forward.
If borrowing from a private lender with less than 20% down, they’ll be responsible for <a href="https://www.bankrate.com/mortgages/basics-of-private-mortgage-insurance-pmi/#what-is" target="_blank">private mortgage insurance (PMI)</a>. Some lenders may ask for an upfront payment for PMI at closing. In this case, it requires the entire year’s premium to be paid in one lump sum.
<img src="https://assets.site-static.com/userfiles/528/image/Closing_Costs_and_Who_Pays_Them_6.png" width="600" height="300" style="display: block; margin-left: auto; margin-right: auto;" />
Tips for saving on closing costs
As you may have noticed, closing costs can quickly add up. Luckily, there are some strategies that can help reduce the total amount that buyers have to pay. Here are some tips for saving on closing costs:
Negotiate seller concessions: Buyers can negotiate with sellers to pay some or all of their closing costs. This can be in place of making home repairs or lowering the asking price. For example, in some states, sellers are expected to pay for title insurance policies for new owners. These seller concessions are usually included in the initial purchase agreement but can be added later.
Consider lender credits: Lenders may be willing to pay a portion or all of the buyer’s closing costs. This is in exchange for a higher interest rate on the loan. While it may mean paying more over time, it can save a lot of upfront costs.
Look into closing cost assistance programs: There are programs available for low-to-moderate income or <a href="https://www.elevaterealtygroup.com/blog/first-time-home-buyers-guide-the-basics-of-a-mortgage/" style="font-size: 13px; background-color: transparent;">first-time homebuyers</a>. They provide grants or loans to help cover closing costs. These programs can vary by state, so it's best to do some research and see if you qualify.
Conclusion
No matter whether you're the buyer or the seller, it's important to be aware of closing costs and budget accordingly. Keep in mind that the division of these costs is negotiable between both parties. Additionally, buyers should consider the type of loan they choose, as it can impact the closing costs they'll pay.
Closing costs are a necessary aspect of the home buying or selling journey, but there are ways to save money. By following the tips we’ve outlined, you can potentially reduce your closing costs and keep more money in your pocket.
If you're looking to sell a property, <a href="https://www.elevaterealtygroup.com/idx/results/?searchtype=2&searchid=28377">buy a home in Granbury</a>, or are interested in <a href="https://www.elevaterealtygroup.com/idx/results/?searchtype=2&searchid=28380">Stephenville homes</a>, we’re here to help. At <a href="https://www.elevaterealtygroup.com/">Elevate Realty Group</a>, our experienced local experts can guide you through the entire process.2023-03-20T11:32:00-07:002023-05-20T12:58:14-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:17081Home Maintenance Tasks That Save You Money<img src="https://assets.site-static.com/userfiles/528/image/home_maintenance_tasks_that_will_save_you_money.jpg" width="1500" height="900" alt="home maintenance tasks that save you money" title="home maintenance tasks that save you money" />
Many homeowners dream of making amazing changes to their homes, such as adding rooms or beautifying their grounds. These dream projects might not be financially feasible.
You shouldn't let this stop you from taking care of your home. You can save money by focusing on small repairs and avoiding costly fixes that could affect your home's value.
So after you stop worrying about <a href="https://www.elevaterealtygroup.com/blog/how-do-mortgage-rates-affect-real-estate/">interest rates</a>, here are some simple tasks you can do to reduce household expenses.
1. Replace HVAC filters
The furnace and air conditioner filters trap allergens and dust in the air so you can breathe cleaner air. The furnace and air conditioner filters should be changed every few months. Regularly changing filters can also help lower utility bills. HVAC systems that are dirty use more energy and run harder.
2. Leakage in faucets can be fixed
Dripping faucets can literally lead to money going down the drain. According to the U.S. Geological Survey's fun drip calculator , a faucet that drips only once per minute is a waste of 34 gallons of water per year.
Stop the leakage as soon as possible.
3. Caulk the bathtub and shower
A tube of caulk can be purchased for a few dollars. Repairing mold-infested bathroom tiles and drywall can be costly.
Keep water out of walls and floors by sealing seams around tubs, showers, and fixtures with caulk.
Silicone caulk can be applied more quickly than latex, but it lasts much longer. Some products combine both.
<a href="https://www.lowes.com/n/buying-guide/caulk-buying-guide?searchTerm=caulk%20buying%20guide">Lowe's Caulk Buying Guide</a> explains all about different types of caulk. To prevent mold growth, you can use a product that contains fungicides in bathrooms.
You should practice using a bead caulk before you begin to tackle your bathroom. It takes only a few minutes to master the use of a caulk gun, and to apply caulk properly.
4. Examine the sump pump
Installing a sump pump in a low area like your crawl space or basement will keep water out of your home. It prevents water damage from destroying your home and causing costly cleanup.
If your pump is not starting, check it regularly and have it replaced immediately.
<img src="https://assets.site-static.com/userfiles/528/image/install_a_new_thermostat.jpg" width="600" height="300" alt="install a new programmable thermostat" title="install a new thermostat" />
5. Install a programmable thermostat
Another simple <a href="https://www.elevaterealtygroup.com/blog/upgrades-for-your-home-that-make-sense-for-selling/">upgrade for your home</a> is a new thermostat. Programmable thermostats (or smart thermostats) can help you save money. They allow you to set and maintain a comfortable temperature at home and a lower temperature while you're away.
According to Consumer Reports' <a href="https://www.consumerreports.org/cro/thermostats/buying-guide.htm">thermostat Buying Guide</a>, programming thermostats can help you save $50 per year on energy costs. You can save the most money by choosing a simple device that you can easily install.
6. Check the cords and outlets of electrical appliances
An electrical fire hazard can be created by faulty wiring. To inspect your home for light switches, cords, and outlets, take a tour.
These are signs of danger
Exposed wire
Connected with electrical tape, spliced wire
Multiplier extension cords and overloaded power strips
If you are experiencing flickering lights or warm fixtures, or outlets that don't always work, hire a licensed electrician.
7. Replace smoke detector batteries
Smoke detectors can save lives.
Batteries and detectors are inexpensive so you just need to remember to test your detectors every month and replace the batteries every six months.
8. Make sure your toilets are working properly
Running toilets waste water which can increase your water bill and cause damage to precious resources. Running toilets can be fixed easily.
The simple mechanism that regulates water flow can be faulty and cause many problems. The tank's lid can be removed and the problem will be easily identified by flushing the tank a few times, then watching.
Take a picture of the internal parts of your toilet. Bring the photo and the damaged part to the hardware store for replacements. Ask the store specialist for assistance in ensuring you are purchasing the right replacement part.
9. Wrap the water heater
Energy.gov estimates that wrapping your hot water heater with an insulating blanket will save you between 7% and 16% on water heating costs. Blankets and jackets that are pre-cut start at $20
Ready-made insulating water heater jackets are available at Home Depot and Amazon.
Older tanks may be already insulated. However, make sure to check that the insulation is adequate. Energy.gov recommends that you look for an R-value at least 24.
10. Leakage in doors and windows should be sealed
Your expensive heated or cooled air can be sucked into the great outdoors by tiny cracks at windows and doors.
To check for any leaks in your home's interior, inspect it. Bring along:
Notes on areas that you will need to return to with a pencil and paper
Caulk tube for filling cracks
Spray insulation foam sealer can be used to fill larger gaps
A digital thermometer and a candle
To check for temperature variations that indicate a leak, use the thermometer. Hold the candle lit up to the windows and doors with your hands. Air leaks will be identified by the flame's flicker.
Check for leaks around appliance vents, hoses and plumbing fixtures that meet outside walls.
11. Turn off the water heater
Water heaters can become clogged with sediment. It is important to give it an annual clean in order to keep it running smoothly. You can also hire someone to do it.
12. Insulate your attic
This job should offer a high return on investment, with lower fuel bills and increased comfort. According to Energystar.gov , attic insulation has the greatest potential for energy savings.
Tip: Before you begin insulation, make sure that there are no air leaks.
<img src="https://assets.site-static.com/userfiles/528/image/install_weather_stripping.jpg" width="600" height="300" alt="install weather stripping" title="install weather stripping" />
13. Weatherstripping can be installed
Weatherstripping is a way to seal air leaks around doors. There are many options for weatherstripping, from foam and felt to foam. Attach door sweeps at the bottom edge of doors. Energy.gov's <a href="http://energy.gov/energysaver/weatherstripping">Weatherstripping Guide</a> explains the best way to select and apply products.
Weatherstripping that is not yet installed should be checked for cracks or brittleness. It may need to be replaced from time to time.
14. A clothesline can be strung
Another way to cut down on fuel consumption is to set up a clothesline in your yard to dry your laundry. This will be both good for your wallet and the environment.
A basement clothesline can be an option if you are unable to run a clothesline outside.
15. Take a tour of your home's perimeter twice
You can take a second look at your home from the outside. Do this two times. Look out for plants that touch or brush against the foundation or house during the second round. Cut them down and remove any soil or mulch that touches siding. It could be carrying moisture or insects into your house.
Wait until after a heavy downpour to schedule your next tour. You should inspect your lawn and garden for areas that channel water towards your home or trap water at the foundation. These areas can be fixed by simply grabbing a shovel, or by reshaping the ground. You may also need to make landscaping repairs and install drainage.
Make sure that gutters and downspouts drain water away from structures.
16. Your siding needs some tender loving care
An annual cleaning will brighten the siding of your home and protect it from damage. HouseLogic recommends cleaning the exterior of your house with warm soapy water and a quarter cup of trisodium phosphate (TSP). Use a soft-bristled brush with a long handle.
You can also clean your siding to identify any problems, such as cracks, mildew and crumbling mortar.
If you need a Realtor in <a href="https://www.elevaterealtygroup.com/blog/reasons-to-move-to-granbury-texas/">Granbury, Tx</a> that will look out for your best interests, call <a href="https://www.elevaterealtygroup.com/">Elevate Realty</a>.
2023-02-16T08:11:15-07:002023-02-16T08:50:26-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:1259How Do Mortgage Rates Affect Real Estate?<img src="https://assets.site-static.com/userfiles/528/image/Elevate_-_How_Do_Interest_Rates_Affect_The_Real_Estate_Market.jpg" width="1500" height="900" alt="How Do Interest Rates Affect The Real Estate Market" />
Most people are aware that mortgage interest rates affect the real estate market. Most people are not, however, aware of how much they affect the process of buying a home or selling a home.
Interest rates can single handedly be the most important factor in the viability of the real estate market. We will discuss how <a href="https://www.elevaterealtygroup.com/blog/mortgage-lending-real-estate-market/">mortgage rates</a> affect the home buying process which in turn affects the ability to sell a home.
The Affordability of a Home
Many people who <a href="https://www.elevaterealtygroup.com/buyers/">buy a home</a> look at the price they paid for that home as the single most important factor in the home's overall affordability. However, this is not always the case.
When looking to purchase a home, there are many factors that affect its total cost to you and your family:
Price Paid For The Home
Homeowners Insurance Cost
Flood Insurance Cost
Maintenance and Upkeep
Interest Paid on the Mortgage
All of the above factors have an effect on the total price of home ownership.
The chart above is the current interest rate for mortgages over the last few months.
How much does the interest rate matter?
Many people, when looking to purchase a new home, will walk away from a particular house over $5,000 that couldn’t be negotiated. At the end of the day, the rate that you receive on your new home mortgage has a much larger effect on what you will ultimately pay for your home than exceeding your budget slightly. The interest rate paid is a major portion of the overall cost of homeownership. But exactly how much does it affect your payments? Let’s provide some examples:
We will use the following example to show how the change in your interest rate affects your cost of home ownership. Please keep in mind that these are only rough estimates. Please contact your local real estate agent to discuss specifics and how they pertain to you.
The median price of a <a href="https://www.elevaterealtygroup.com/hood-county/">home currently listed in Hood County</a> (as of October 2022) is $389,000. Let’s just say that the median average sales price is $375,000.
If you were to purchase a new home in Hood County for $375,000 and you were to acquire a new, 30 year fixed mortgage after putting down 20%. That has you financing $300,000 for your new home.
At the interest rate of 4.1%, your principal and interest monthly mortgage payment would be about: $1,450
At the interest rate of 5.1%, your principal and interest monthly mortgage payment would be about: $1,630
That is almost $180 per month to own the exact same home! Over the course of 30 years, you would end up paying approximately $65,000 more to live in the exact same home.
If home interest rates were to spike ( as they are right now) and you were to purchase the same home, but at a rate of 6.5% your principal and interest would be almost $1,900 per month! That is $450 more EVERY SINGLE MONTH and an overall cost (over 30 years) of over $160,000!!!! It doesn’t make much sense to walk away from the home that you really want over $5,000 anymore does it.
To put the above example into perspective, that $5,000 in additional cost of the home would add less than $25 to your principal and interest payment.
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Granbury_Tx_Real_Estate_Statistics.jpg" width="625" height="417" alt="mortgage interest rates rise and fall" style="display: block; margin-left: auto; margin-right: auto;" />
How are interest rates determined?
The interest rate is an additional amount that a lender charges to a borrower in exchange for assets being used. A number of factors affect the interest rate charged by banks, including the economic state. The interest rate is set by the central bank of a country. Each bank then determines the range of annual percent rates (APRs) they offer.
Higher <a href="https://www.investopedia.com/terms/i/inflation.asp">inflation</a> causes central banks to raise interest rates. This is because higher interest rates lead to lower borrowing costs and slow down consumer demand.
Which factors affect how interest rates for mortgages are set?
There are many factors that influence the cost of mortgages. The general cost of borrowing in an economy will be considered by lenders first. This is determined by the state of the economy as well as government monetary policies. To determine the cost of a mortgage to purchase a house, personal factors such as credit history and income will be taken into consideration.
The federal funds and 10-year bond rates
The Federal Funds Rate is a benchmark interest rate that is set by the United States Federal Reserve. This is the interest rate banks charge for overnight loans to each other.
It is called a benchmark rate because it serves as a benchmark for other interest rates. All interest rates, from savings accounts to credit cards are partly based on changes made by the federal funds rate.
The federal funds rate also influences interest rates on bonds, such as the <a href="https://ycharts.com/indicators/10_year_treasury_rate">US 10-year government bond</a>.
The <a href="https://www.nerdwallet.com/mortgages/mortgage-rates">30-year interest rate for mortgages</a> has historically moved with the 10-year Treasury bond rates. Mortgage rates rise as the 10-year Treasury bond rate increases. Rate decreases are also common.
Higher interest rates can mean higher monthly mortgage payments, which can make it more difficult for some people to purchase a home.
<img src="https://assets.site-static.com/userfiles/528/image/rising_interest_rates_lower_home_prices.jpg" width="1000" height="500" alt="rising interest rates lower home prices" />
How Does Mortgage Interest Affect Home Sellers?
If you are selling your home and not looking to reinvest into another home, you may feel insulated from the effects of interest rates. That is simply not the case. For every home seller there must be a home buyer. Every <a href="https://www.elevaterealtygroup.com/buyers/">home buyer</a> has a budget and a level of expectation of what they will receive in their new home. If interest rates rise, a home purchaser now has less to spend on the price of their new home (since more money is being spent on interest). When interest rates move up or down it puts potential home buyers in different categories of <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/">homes for sale</a>. If rates were to go up substantially, it’s very possible that you will now have fewer potential homebuyers that can afford the home you are putting on the market. This in turn forces you to lower the price of your home in order to get it sold.
What's the next step, given current circumstances?
Even experts can't predict the future of real estate markets. Nobody truly knows what the future holds.
On the one hand, interest rates are on the rise and the Fed has not made any effort to slow it down. Housing prices have risen by over 30% in the last few years and are only now beginning to slow down.
Some people believe rising interest rates and an economic slowdown can cause prices to fall. Some others believe that rising rates and a decrease in housing supply due to a slowdown of new construction and institutional investors buying inventory, will result in prices remaining steady.
What Should I Take From This?
All of this is simply said to put things into perspective when purchasing a new home. As we have discussed, small changes in the price for which you agree to buy a house has a smaller effect on your overall cost than the interest rate of your mortgage.
When negotiating offers to purchase, don’t lose the home of your dreams for $5,000 (or even $10,000) unless you are paying extremely close attention to the interest rate of your new mortgage. Make sure you have a credible mortgage broker. A good real estate agent will help put you with the best local loan originator or bank to insure that you get the best rate possible. In many instances, successful<a href="https://www.elevaterealtygroup.com/about/agents/"> real estate agents</a> work with hundreds of loan people and know who the best are for your situation.
If you are in the market to buy or sell a property, pay extremely close attention to the average mortgage rates as they have a major influence over your real estate transaction.
Right now, the interest rates are still relatively low (<a href="https://www.freddiemac.com/pmms/pmms30">historically speaking</a>). But experts are expecting mortgage rates to continue to rise. Many very smart people expect that rates will rise in the immediate future. If you have any plans on buying a new home or even <a href="https://www.elevaterealtygroup.com/sellers/">selling a home in Hood County</a>, it is strongly recommended that you use the low mortgage costs to your advantage!
Use this <a href="https://www.elevaterealtygroup.com/buyers/mortgage-calculator/">mortgage calculator</a> to see the difference that interest rates make in your mortgage payment.
2022-10-15T10:47:00-07:002023-02-16T08:48:50-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:126347 Tips When Selling Your Home in a Seller’s Market<img src="https://assets.site-static.com/userfiles/528/image/Elevate_-_7_Tips_When_Selling_Your_Home_in_a_Sellers_Market.png" width="1200" height="628" />
One could not have predicted that a global pandemic might be the catalyst for one the largest upswings in real estate history. And yet, we find ourselves in possibly the biggest seller’s market of our lifetime.
Many Americans saw the need for changes at home as their houses transformed into offices, classrooms, and sanctuaries. This hyper-focus, combined with <a href="http://www.freddiemac.com/pmms/">record low mortgage</a> rates, inspired many buyers to enter the market -- far more than the inventory of homes.
Even with the rising demand for homes, sellers in a seller's marketplace should still do their research to ensure that they <a href="https://www.elevaterealtygroup.com/sellers/">sell their home</a> at the highest possible price. We'll be sharing seven tips with a top-selling agent to help you make the most of today’s hot selling market.
1. Reduce your budget for renovations and staging
Many sellers overinvest in their homes to make them "market-ready." But with fewer homes to choose from, buyers are more likely to overlook cosmetic and outdated issues in seller's markets than in buyer's markets where there are plenty of beautiful homes.
Most Realtors will say, "Don't waste the money." If you insist on updating, you should consider carpeting and painting. They are the cheapest repairs that you can make to get the <a href="https://www.elevaterealtygroup.com/blog/upgrades-for-your-home-that-make-sense-for-selling/">best value for your money</a>. You won't increase your sales price by $10,000 if you install a new kitchen.
These are quick and easy ways you can make your home more welcoming without spending too much money.
The main living areas should be painted in a neutral gray or beige.
Place a few pots with colorful flowers near your front door.
Keep loose items organized in decorative bins.
Keep electrical wires and cords hidden from view.
Put photographs, mementos, and other personal items in storage.
2. Plan your move before you decide to sell
Homeowners are often surprised by how fast their property sells in a seller's market. NAR reports that properties were on the market for just 22 days in April of 2021, compared with 35 days the previous year.
Preparing for your next move is an important part of making plans to <a href="https://www.elevaterealtygroup.com/blog/the-top-5-reasons-to-sell-your-home-now/">sell your home</a>. You can pack everything you need to move to your new home and then donate, sell or toss the rest. You will make your space appear larger and more open by clearing out clutter.
It is important to start looking for your next home as soon you are ready to sell. You should have a backup plan in case your current home sells quickly.
Renting for a while may be a good option to allow you to take your time in finding the right property. A seller can negotiate rent-back to allow you to remain in your home as renter even after it is sold.
3. To encourage multiple offers, price your home strategically
You need to have a well-thought out pricing strategy in order to sell your house for the highest price, even in a seller's marketplace where there are often bidding wars.
It's tempting to go after the stars by listing your home at a high price . However, this could cause informed buyers to pass on your property, keeping your home sitting on the market. Even if buyers agree to a high price, it's possible that they won't be able close the deal if the home appraisal comes in too low. Lenders are unlikely to approve loans larger than the property's appraised worth.
On the other hand, listing your property too low may cause you to miss out on getting a higher price for the home, even in a hot market.
How to price your home
The ultimate goal is to find the "sweet spot", a price that accurately reflects a home’s fair market value, based on its size, condition, and floor plan. To determine the value of your home in today's market, your real estate agent will compile comparable homes (or "comps") from recently sold properties.
If the market is moving fast, it's important to find out what homes are being sold for. It could be higher than the recent comps. For information, your agent can contact the agents who manage these home sales to get insight. They can then include sales prices for pending sales in their CMA.
<img src="https://assets.site-static.com/userfiles/528/image/Elevate_-_bidding_war_in_a_sellers_market.png" width="1200" height="600" />
Bidding war
A common strategy to generate bidding wars in a seller's marketplace is to list a home for around $10,000 to $15,000 under its fair market value. This strategy is a great way to get lots of offers and sell quickly at or above the listed price.
Buyers feel they are getting a great deal and may be willing to put in a competitive offer, especially in a market with fewer choices. Just don’t list any lower than you would be willing to accept incase this strategy doen’t pan out as planned.
4. Benefit from a bidding war
In a seller's marketplace, bidding wars are quite common. Buyers flock to properties that meet their criteria, as there are fewer choices. To get the best deal, sellers must carefully evaluate their offers and respond to them.
The National Association of Realtors (NAR), outlines <a href="https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/a-buyers-and-sellers-guide-to-multiple-offer-negotiations">three methods to deal with multiple offers</a>.
Accept the best offer. When an offer is superior to the rest, this works. Imagine that you get a cash offer significantly higher than any other offers the buyer is interested in financing. This buyer's offer is not only more attractive, but it is also more likely that the transaction will close without the involvement of a lender.
Inform buyers about the competition to encourage them to make stronger offers. Real estate agents don't usually disclose how much an offer is to buyers who are not their clients. They will inform buyers of other offers and encourage them submit their best offer by a deadline. Buyers may add an escalation clause to their second offer. This indicates that they will automatically raise their price above the highest competing offer. These clauses usually specify the increments at which the price will increase and the maximum buyer is willing to pay.
Respond to only one offer by making a counteroffer and then putting the other offers aside until the buyer replies. If a seller receives an excellent offer, but isn't ready to turn down other offers, they may choose this strategy. You might get an offer at a great price but your moving date is not in line with your plans. Before you agree to the deal, it's a good idea to counter the offer to find out if the buyer is willing to compromise.
Fortunately, you don't have to make that decision on your own. Your real estate agent is there to help. Part of an agents job is to find out how far along the buyer is in the process, when they want to close, and more. This will make these decisions easier.
5. The highest offer may not be the best offer
Sellers tend to gravitate towards the highest offers. A good agent will warn their clients, however, that not all offers are the best. These are the key components of a strong offer:
Cash offer
A cash offer can be as good as a higher-priced offer for several reasons. A buyer can pay cash without having to prove the value of the home to a lender. This takes the appraisal out of the equation. In a market where <a href="http://www.keithandkinsey.com/real-estate/appraisals-sellers-market/">home prices are increasing faster than appraisers will recognize</a>, skipping this step can be very beneficial. You don't have to worry about a low appraisal potentially threatening your deal.
The sale can also be accelerated by a cash offer. Ellie Mae estimates that it takes 46 days to close a home loan. You can speed up your closing date by selling to a cash buyer.
Large down payment
NAR and Experian found that the average homebuyer down payment was 12% to finance a home between July 2018 and June 2019. The average down payment for <a href="https://www.elevaterealtygroup.com/blog/first-time-home-buyers-guide-the-basics-of-a-mortgage/">first-time homebuyers</a> was 6%. The down payment of a buyer is a key determinant for a seller. A buyer who has a high down payment must borrow less to reduce the chance of them not being approved for a loan.
Few to no contingencies
A contingency in real estate is a condition that the seller must meet to allow the sale to close. When a buyers contingency isn’t met, the buyer can cancel the contract and get all of their earnest money back. You want a low number of contingencies as a seller to speed up the sale and make it difficult for buyers to walk away.
These are the most frequent contingencies:
Appraisal contingency: The buyer must offer a comparable or higher price for the home to be sold.
Financing contingency: If the buyer is unable to obtain financing, they can cancel the deal.
Home sale contingency: Buyers can only proceed with the purchase of the property if they sell their current home.
Inspection contingency: Buyer requires a home inspection. If the seller refuses to do the necessary repairs or complete them, the buyer may cancel the sale.
A deal with fewer contingencies will be more likely to make it through the entire process, which makes it more attractive. Buyers are more likely to avoid adding unnecessary contingencies in a seller's market, particularly if they know that they will be up against competing offers.
Buyer concessions
In a highly competitive market, buyers may offer concessions or incentives to sellers in order to get them to accept their offer. The buyer might offer to pay closing costs that the seller would normally pay.
<img src="https://assets.site-static.com/userfiles/528/image/Elevate_-_selling_and_moving.png" width="1200" height="600" />
Flexible move date
Sellers may be able to sell their home quicker than they can buy the next house in a seller's marketplace. This is where flexibility in moving dates or renting back can be very helpful. Buyers who are willing to compromise on this point, and allow the seller to hunt for a house, may be able to push their offer to the front of the line.
6. If you accept a high offer, be prepared for appraisal problems
When asked about the common problems that can arise when selling in a seller’s market, most real estate agents quickly mention home appraisals. It's fine to price a home higher than other market comps, but the home must appraise at the same or higher value as the buyer's offer for the lender to approve the loan.
There are several options available to fix the gap between the property's appraised value and its sale price if it appraises below the asking prices:
The buyer can pay the extra funds out of his own pocket. To help the buyer cover the difference, a seller might offer to pay some closing costs.
The seller can lower the sales price to match the appraised value.
Both the buyer and seller can cancel the sale, and the seller puts it back on the market.
Buyer and seller contest the appraisal by requesting a Reconsideration of Value.
7. Hire a real estate agent who has experience in a seller’s market
When selling your home in a seller's marketplace, the best decision you can make is to choose the right agent. Although any real estate agent can help you sell your house, only the top agents can get you the highest price.
The top 5% of agents in real estate sell homes for as much as 10% more than the average agent. The top agents are more competitive than their peers in market research, pricing strategies, and bidding war negotiations. These essential elements will maximize your selling potential.
They will fight for your property's value. They are able to communicate with appraisers and get the property value needed to close a deal.
Are you waiting for the right moment to sell? There's no better time than now
Seller's market conditions are ideal because of low inventory and high buyer demand. Sellers can achieve the best possible deal for their property by being prepared and guided by an agent. This market won’t last forever. The Fed is already raising interest rates, which wil inevitably cause home prices to come down.2022-04-12T23:59:00-07:002022-04-13T00:14:52-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:8521<span style='font-weight: 500 !important;'>The Top 5 Reasons To Sell Your Home Now</span>2020 was a year for the books, and while we are working to get back to normal in 2021, it can be a difficult decision to buy or sell a home in these uncertain times. If you were reluctant to become a homeowner before, you are likely even more so now. If you wanted to sell your home, you may have even decided to wait.
Despite the times, it may still be a great time to purchase or sell your home! Here’s why.
There’s not as much competition.
If you were planning on selling your home last year, you might have reconsidered due to the pandemic. If you took the plunge and put your house on the market, you likely experienced a seller’s market.
Due to low home inventory, buyers had bidding wars on homes they love, which is fantastic for sellers.
<img src="https://assets.site-static.com/userfiles/528/image/top-5-reasons-img-1.jpg" />
Sellers can make a massive profit on their homes and have a quick sale. Before 2020, it took an average of 31 days to sell a home, and now offers are typically accepted within two weeks.
Interest Rates are low.
Banks and mortgage brokers have lowered their interest rates to help keep the economy afloat. Many American’s have been significantly impacted financially by the pandemic, and this is a way for them to become homeowners during a difficult time.
Rates are at an all-time low, so first-time homebuyers who are still employed can get into the market.
<img src="https://assets.site-static.com/userfiles/528/image/top-5-reasons-img-2.jpg" />
Lower interest rates have plenty of perks, such as lowered mortgage payments, increasing your home’s value, and encouraging home sales. Now is the time to get into your dream home and become a homeowner.
<a href="http://elevategranbury.com/" target="_blank">What is your home worth? Find out today!</a>
Virtual tours are convenient and safe.
Like many workplaces, we’ve had to adapt to social distancing and stay-at-home measures. While open houses are essential to really see what your potential new home looks like in person, travelling around to several in an afternoon is no longer safe.
Virtual tours mean you can stay safe in the comfort of your home while actively looking for your dream home.
<img src="https://assets.site-static.com/userfiles/528/image/top-5-reasons-img-3.jpg" />
Many sellers are putting plenty of photos, 360-degree tours and video tours on their listings, and many are offering FaceTime and Zoom tours for interested buyers.
When you find a home you’re definitely interested in, an in-person tour can be done with extra safety precautions. All doors need to be left open to avoid touchpoints, and sanitizer needs to be available at the entrance to the home.
Beyond tours being virtual, most of the paperwork, meetings with lawyers and realtors are also being done virtually. Things may look a little different, but the job is still getting done correctly, so we can assure you’re getting into your new home safely.
The seasons aren’t impacting sales like they usually would.
In an ordinary world, it’s always been known that there is a right time to sell your home. While you can’t time the market, historically, spring and summer are the best times to sell your home.
No one wants to move in the winter unless they absolutely have to! With lowered interest rates, now is the right time, and sellers should take advantage of the market.
<img src="https://assets.site-static.com/userfiles/528/image/top-5-reasons-img-4.jpg" />
There are plenty of interested buyers who are trying to get into their new home for the right price.
As a seller, you no longer need to wait until the warmer months. If you’ve been considering a sale, definitely jump in now. Many people are likely thinking similarly, and that will only increase your competition come spring and summer.
Since we’ve been told to stay home, many of us are working from home, trying to fashion our own personal home gyms. Many people feel the need to upgrade their spaces to fit this new lifestyle. Your home could be the perfect option for an eager buyer.
Interested in listing your home?
<a href="tel:(817)736-5757">Let's chat!</a>
We’re seeing record-breaking sales numbers.
In March of 2020, we were faced with a lot of uncertainty. Many people lost their jobs, and the economy took a massive hit, leaving the real estate market in an unknown place.
Most people predicted that it would be one of the industries most impacted by the <a href="https://www.elevaterealtygroup.com/blog/properties-perfect-for-escaping-pandemic/">pandemic</a>, which is true, but not in the way you may think.
<img src="https://assets.site-static.com/userfiles/528/image/top-5-reasons-img-5.jpg" />
In October last year, it was the strongest year for housing prices since 1996, and prices rose almost eight percent, which is the fastest that’s happened in over ten years.
Purchasing or selling your home in a pandemic feels like it’s the wrong time, but it’s a win for both buyers and sellers. Buyers greatly benefit from the lowered interest rates available, and sellers have control of the current market.
Many of us working traditional nine to five jobs never considered working from home full-time, so many American’s are left without the proper space to have a home office environment, and many employers are making this switch permanently. There is a big desire to upgrade, especially living in small quarters with others.
Still trying to decide whether or not to sell your home in 2021? The answer is yes - the time is now! It can be a big decision to put your house on the market during standard times, let alone during a pandemic, but working with a team of experts can help ease your mind.
We know every situation is different, and if you’re still on the fence, contact Elevate Realty Group. We can help guide you through your fears and ease your concerns. We value our client relationships, and we’ll provide our expert advice when you need it.
If You’re Ready To Sell Your Home Or Purchase Your Dream Home,<a style="color: #fff !important; text-decoration: none !important;" href="https://www.elevaterealtygroup.com/"> Contact Elevate Realty Group Today!</a>
Our team of experts has the expertise, qualifications, and determination to help you get into your dream home. Your business is why we are in business! Buying your new home is a significant process, so take it on with a team of people who are on your side.
<a href="tel:(817)736-5757">Call Today!</a>2021-03-22T11:20:00-07:002021-03-22T11:24:17-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:7394Properties Perfect for Escaping a Pandemic<img src="https://assets.site-static.com/userfiles/528/image/ERG_-_Pandemic_Property_Blog.png" width="800" height="1200" />
The current pandemic has a lot of people questioning a lot of things. One item at the top of that list is living conditions. Crowded cities, cramped apartments or homes they were already growing out of, living too far away from family, needing more room for home offices and home schooling—these are just some of the reasons that people are considering moving to the country, or upgrading their current home for one with more rooms and amenities.
Some people have already made the move to smaller towns, and it’s for certain that more searches for small town and away-from-it-all living has increased. Real estate company Redfin said page views of homes in small towns <a href="https://www.washingtonpost.com/technology/2020/06/01/city-relocate-pandemic/" target="_blank">more than doubled during the last week of April compared with last year</a>.
For anyone looking to move to the country, get away from it all, or maybe just have enough room for everyone to spread out, Elevate Realty Group currently has two properties available with land and extra features that would be ideal for a change of pace and lifestyle.
<a href="https://looksee.it/Kf8oS">101 S. Bear Creek | Cresson, TX</a>
This beautiful home located on three well manicured country acres, yet is only a short drive away from Fort Worth.
Want extra features? How about a backyard complete with pool with water slide and water fall that is perfect for entertaining. The home also has space for all family members to spread out with its three spacious spare bedrooms and a huge master with custom en suite. Soaring ceilings with massive wood beams, an open concept kitchen-living-dining, and modern farm house finishes make this home feel open, bright, and airy.
Have a hobby? The property is fenced on three sides with room left to build a work shop. It’s also built for efficiency: private well, reverse osmosis system, SS energy star appliances, and double pane windows all provide massive savings on utilities.
<a href="https://looksee.it/hGU8W">419 County Rd 2545 | Meridian, TX</a>
The epitome of getting away from it all, this beautiful Bosque County ranch has approximately a mile of Bosque river frontage.
Beyond the river is fertile river bottom land in cultivation. For livestock use, there is plenty of pasture for grazing, stock tanks, and working pens. Enjoy the great outdoors while fishing, camping, hiking, or hunting the various species of wildlife including deer and hogs. Beautiful mature Oaks also abound and County Road 2545 frontage.
The home itself features four bedrooms with a sunroom and wood burning fireplace. It also has a large workshop with electric, two overhead doors, and a walk through door. This ranch is great for cattle, cultivation, or hunting, and is a perfect place to quarantine in peace.
Don't Miss New Homes As They Come on the Market
So if you want to get away from the city, want more space, or have a hankering for your very own ranch, either of these homes can fill all your needs and wants. But those aren't all. You can <a href="https://www.elevaterealtygroup.com/idx/search-form/">search on our site</a> for homes with your exact specifications, and you can even <a href="https://www.elevaterealtygroup.com/idx/property-tracker/">register to get updates</a> anytime any new homes that come on the market with your search parameters in mind.
Want to see more homes? We also have a complete search for specific type of property you’re looking for, like <a href="https://www.elevaterealtygroup.com/idx/results/?searchid=311142">homes with land</a>, <a href="https://www.elevaterealtygroup.com/idx/results/?searchid=311143">pool homes</a>, <a href="https://www.elevaterealtygroup.com/hood-county/golf-course-homes/">golf course homes</a>, or homes in <a href="https://www.elevaterealtygroup.com/hood-county/subdivisions/">specific subdivisions</a>.
Questions? Call us anytime at (817) 736-5757.2020-08-18T14:52:00-07:002021-03-11T17:06:23-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:7320The Best Way to Get Your Hood County Home Sold<img src="https://assets.site-static.com/userfiles/528/image/Best_Way_to_Get_Hood_County_Home_Sold.png" width="800" height="1200" alt="Beautiful home in Hood County, TX" title="Get Your Hood County Home Sold" />
Real estate is a big deal. Literally. Buying or selling a home is one of the biggest transactions in a person’s life. That’s why you need to choose an agent and a brokerage who is going to be on your side throughout the entire transaction, who will make the process as hassle free as possible, who gets your home seen by the most potential buyers, and who will get you the most money for your sale.
At Elevate, we work hard every day on doing just that, and there’s a lot involved, more than you might think. But it’s all worth it, because our customers are worth it.
And apparently that philosophy is working. Since 2013, Elevate Realty Group’s market share has increased year-over-year, more than any other company, and we are the fastest growing real estate firm in Hood County (ask us to show you the statistics; we are very proud of how fast our company has taken off)!
But back to what’s involved. Below are just a few of the BIG things that we do to put our customers first, and to get their homes sold faster than anywhere else. And we do this every single time, for every single property, and every single customer.
Excellent Customer Service
Elevate was founded on the basis of doing and being better, with the core of that being providing excellent customer service, and it’s part of everything we do. In fact, we even hand select our agents and choose ones who are the most committed to helping their clients in every way possible.
Our relationships with our clients are genuine. They have to be. We live, play, and serve in our local communities, so exceeding expectations matters! <a href="https://www.elevaterealtygroup.com/about/testimonials/">Our client testimonials</a> are truly testaments to that fact and reflect our passion and drive to exceed their expectations.
Superior Technology
So other than great customer service, how have we become such a driving force in <a href="https://www.elevaterealtygroup.com/">Hood County Real Estate</a>? Unlike other real estate agencies, our company was built with a laser focus on changing and challenging the processes that have been around for years.
Just listing your home in the MLS and putting a sign in your front yard is not enough to sell your home. You need a myriad of things to happen to put your home in the best light. And, while some agents may offer a few of these things, no one in this market offers all that we do or does as much as we do to get your home noticed and sold. Our systems have to be state of the art so we can better provide the stellar service that our customers deserve. Which is why we sell so many homes each year.
State-of-the-Art Website
Our custom-built, state-of-the-art website ranks first among all other Granbury real estate websites and is the go-to online location for homebuyers throughout Hood County. If you’re in Hood County and want to sell your home, then you definitely want your home featured on the dominating Elevate Realty Group website.
Aggressive Marketing
It takes an aggressive marketing plan to attract visitors to a website and to then take the next step of asking questions about that home or asking to see it. We utilize the most current and trending technology to market your home and get it sold—not just slapping it on the MLS and hoping it will sell!
Below are just a <a href="https://www.elevaterealtygroup.com/sellers/">few of the ways</a> that we highlight your home and leverage the web to get your home sold fast and for the highest fair market price!
Google search results on page 1
Social retargeting
Social ads
Organic SEO
HDR imaging photography
Google ads
Single property websites
Incredible drone video
Expansive Internet Presence
We invest thousands of hours into enhancing and expanding our online presence, which is vital to getting your home noticed and sold fast! Chances are, if you "Google" an address of a home for sale in <a href="https://www.elevaterealtygroup.com/granbury/" style="font-size: 13px; font-family: Arial, Helvetica, sans-serif;">Granbury</a> or surrounding areas, you will see one of our listings at the top. That doesn’t happen by chance—it takes a lot of time, knowledge, and money. But it’s one of the things that makes Elevate Realty Group the top choice for your brokerage.
Additionally, we market on over 500 websites, including major real estate sites like <a href="https://www.zillow.com/">Zillow</a>, <a href="https://www.trulia.com/">Trulia</a>, <a href="https://www.realtor.com/">Realtor.com</a>, etc.
Advanced Knowledge & Experience
As important as technology is, the passion to serve clients is just as important, as is being able to trust that you have one of the most knowledgeable and experienced teams in the area.
Our <a href="https://www.elevaterealtygroup.com/about/agents/" target="_blank">team of agents</a> has the experience and the qualifications to guide you as hassle free as possible through the process of locating a property and getting you through to closing. We also have an incomparable track record of comparable sales. Our agents close an incredibly high volume of sales because they are so good at what they do.
Additionally, most of the Elevate team lives either on the lake or on acreage, so we have the answers to any questions that you might have from building a boat dock on that perfect lot to erecting a barn or shop on that great piece of property.
We Want Your Business
Elevate Realty Group is the fastest growing brokerage in Hood County because everything we do is for the benefit of our customers. We get your home sold quickly, and we treat you like a person, not a property, while doing it. We value customer relationships, are expert negotiators, and we look forward to providing you with the best customer service possible in Hood County. Give us a call today at (817) 736-5757 to get your home sold!2020-07-22T13:08:00-07:002020-07-23T12:34:38-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5948Six Things Investors Should Avoid to Be Successful in Real Estate<img src="https://assets.site-static.com/userfiles/528/image/6_Things_Investors_Should_Avoid_to_Be_Successful_in_Real_Estate.jpg" width="1200" height="628" />
Becoming a home investor means adapting strategies and <a href="https://www.elevaterealtygroup.com/hood-county/market-statistics/" target="_blank">gaining a deep understanding</a> of the local market. Each area is different from the next, and one set of challenges might not even be a big deal in another area. How does a new investor know what to do and what not to do? We talk about six of the top things a venture capitalist wants to dodge to become a thriving investor in this blog.
Failing to Plan and Research
This section refers to the market, the house, <a href="https://www.elevaterealtygroup.com/blog/6-tips-home-buyers/" target="_blank">potential buyers</a>, inspections, repairs, and every other aspect of<a href="https://www.forbes.com/sites/forbesrealestatecouncil/2017/09/11/seven-things-to-consider-when-buying-an-investment-rental-property/#a3dadf96dadf" target="_blank"> securing a property and managing it</a>. Gaining knowledge gives the owner insight into things like whether the property has issues with drainage, why the person wants to sell in the first place, whether there are economic problems in the community like a lack of work, and if the there are foundation issues. Knowing what needs fixing and how much money the property will likely take to get it ready to put up for sale are important. Before signing on the dotted line, expert investors suggest finalizing an action plan and working from it to get the best results.
Buying the First Property on the List
Most people take the time to research a vehicle or pet before getting their first one. The same principle should go with house hunting. As an investor, it is necessary to look at several properties. Then, creating a pros and cons list for each one can help <a href="https://www.elevaterealtygroup.com/buyers/" target="_blank">narrow down the selection</a>. If a person just looks at one house before buying, then there is no way to know if the property makes the most financial sense. To be a successful investor takes a ton of work and note-taking to make sure one picks the best property.
Thinking that Owning Real Estate is a Way to Get Rich Fast
Many people watch the DIY and house flipping shows on television and think that it is <a href="https://www.investopedia.com/articles/mortgages-real-estate/08/house-flip.asp" target="_blank">a better way to get rich</a> than working a regular job. Some may think they can do investing as a part-time job, but the pay may be higher with full focus on the project. There are tons of hours that go into rehabbing a house and getting it ready to go on the market. Even then, a house can sit for months <a href="https://www.hgtv.com/design/real-estate/finding-good-renters-for-your-home" target="_blank">waiting for the right renter</a> or buyer. Sometimes, investors barely break even. If a renovation uncovers termites or structural issues, then the budget can go out the window. It may take several investments to get ahead or begin building a financial cushion. Investors must always have other ideas or a way to cover things financially until the profits come in.
<img src="https://assets.site-static.com/userfiles/528/image/Six_Things_Investors_Should_Avoid_to_Be_Successful_in_Real_Estate.jpg" width="1200" height="1024" />
Not Negotiating Loans
New borrowers may feel they have to take what the bank or lender offers when securing funds for a property. The truth is, investors can negotiate the terms of the contract. Whether the goal is to get payments to a more affordable level or to pay off the loan in a particular time frame, lenders are willing to work with the right credit or collateral.
Lack of Alternative Plans
One of the biggest mistakes investors make is to quit paying attention to the loan after securing it. If rates go up, then it is possible to refinance to get a better payment structure. An important piece of advice is to make sure there is enough wiggle room to pay a higher monthly payment should interest rates change.
Choosing Renters by Popularity
Renting an investment property does not mean the owner must like the people who want to rent out the building. In fact, many people get themselves into a tight spot by trying to lease out properties to those whom they connect with emotionally. While it is good to know the basic information about renters, it is important to keep some distance so that investors can deal with non-compliant tenants and people who damage the property. It is <a href="https://www.cbsnews.com/news/when-renting-property-to-relatives-know-the-tax-rules/" target="_blank">much easier to evict a tenan</a>t when it is not a family member or close friend. If an owner goes to court, then being neutral can help them avoid caving to unnecessary concessions.
Raising the rent every year can scare off tenants, so investors should choose a predictable schedule and give as much advance notice as possible to keep properties full. If one takes on a partner, then due diligence is extremely important to ensure both parties are happy and the team thrives. Another important tip is to write a list of expenses for the house or business. Knowing the overhead up front is crucial to planning a budget for the property. Staying clear of these mistakes can help investors create a thriving and profitable brand.
<a href="https://www.elevaterealtygroup.com/contact/" target="_blank">Contact a realtor</a> if you're looking at buying an investment property.
2019-07-23T15:33:00-07:002020-01-03T23:06:28-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5757Professional Carpet Cleaners<img src="https://assets.site-static.com/userfiles/528/image/PROFESSIONAL_CLEANING_SERVICE.jpg" alt="Using professional carpet cleaners" title="Using professional carpet cleaners" style="margin: 3px;" />
Using Professional Carpet Cleaners
A beautiful carpet or rug isn’t so beautiful anymore when it gets dirty and soiled. While all other types of flooring can be easily swept or mopped for an almost instant shine and clean, carpets need more than just a weekly vacuum to display their beauty.
You might have tried every product there is to get stains out of your carpet and to bring back its luster and color, but to no avail. This is when you need pros to get the job done. There are so many reasons why having a professional carpet cleaning crew handling your carpets year round is going to make your life so much easier and consequently, happier!
Here are several reasons why you should get your carpets cleaned by professionals, and each reason is just as important and just as helpful as the other.
Prolongs carpet life
Your carpet should be viewed as an investment and not as an expense. That means you want it to last as long as possible, and regular care and carpet cleaning does that for you. As dirt and dust build up in the fibers, it causes the fibers to become matted, which makes the carpet look
old and worn as well as feel rough and flat. Routine maintenance, plus regularly scheduled professional care will protect your investment.
Improves indoor air quality
Despite feeling comfy under our feet and adding attraction to almost any room, carpets are notoriously known to be a magnet and a trap for dust and other airborne pollutants and become allergens. People already allergic to something or have trouble breathing are especially prone for their ailment to increase.
While regular vacuuming does help to rid of dust mites and bacteria, neither you or your vacuum cleaner can do the same job as the professionals can, since most companies will either use special solutions and perform steam cleaning, also called ‘deep cleaning’ on your rug.
The popularity of professional cleaners around the world is picking up quite considerably. The trend has become especially popular in countries such as the UK, where<a href="https://www.cleanercleaner.co.uk/carpet-cleaning/"> professional carpet cleaners</a> have built up the reputation of being the best and most reliable- and are known to be the best go to solution when it comes to carpet cleaning for both businesses and households.
These types of cleaning can give you up to a 97% of thorough cleaning of dust and bacteria trapped in carpets. It’s important to understand that the techniques and methods used by professionals are strong but safe for you, your family, pet and of course, your carpets.
Removes spots and stains
Trying to remove spots and stains is a common complaint. Most on-the-shelf<a href="https://www.rd.com/home/cleaning-organizing/homemade-carpet-stain-removers/"> cleaning products</a> do much less than what they promise. The problem with stains isn’t only in just ruining the entire look of your carpet, but can also attract more soiling, causing a buildup.
Saves time
There’s nothing wrong with trying to clean your own carpet, but it’s going to take you an awful lot of time. No matter how small your house or office is, cleaning the carpets takes a lot of elbow grease, plus too much time that most of us don’t have to spare. It makes perfect sense to hire others specialized to do the job for you.
Refresh your home or office
A carpet is perhaps the main item in your furnishing that takes the most and hardest daily poundings. Being at the lowest point of a room, all the dirt, debris, and dust fall onto it. Besides the reasons already mentioned, an unclean carpet can make the area smelly too.<a href="http://www.theapthorp.com/5-factors-to-consider-when-hiring-a-carpet-cleaning-company/"> Hiring a professional crew to do the cleaning</a> with high cleaning technology and solutions is your best and only solution for clean, fresh and beautiful carpets.
2019-05-29T16:45:00-07:002020-01-03T23:44:05-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5737Shifting Winds Are Changing Housing Markets<img src="https://assets.site-static.com/userfiles/528/image/Shifting_Winds_Are_Changing_Housing_Markets.jpg" width="1200" height="628" alt="Shifting Winds Are Changing Housing Markets" title="Shifting Winds Are Changing Housing Markets" />
The Winds Are Shifting In Real Estate
National home sales have historically peaked in spring. This peak has mostly been driven by families with children wanting to settle before the next school season. However, the current state of our nation is far from following traditional or historical patterns.
The ongoing government shutdown, recent natural disasters, and extreme weather patterns are all playing <a href="https://www.elevaterealtygroup.com/blog/how-climate-change-is-affecting-real-estate/" title="Shifting Winds Are Changing Housing Markets" class="attribution">a crucial role in the shifting real estate market</a>. Mortgage rates fell for the first time since February 2018.
Home loan applications surged in the second week of January 2019 according to a <a href="https://www.bankrate.com/">Bankrate</a> survey as homebuyers take advantage of lower rates. Home sellers should get ready now to take full advantage of the market if it continues to shift. Here are a few <a href="https://www.elevaterealtygroup.com/blog/prepare-your-house-and-make-it-sell-fast/" title="Shifting Winds Are Changing Housing Markets" class="attribution">tips to help sellers stand out</a>.
Standing Out In A Crowded Real Estate Market
Real Estate experts are predicting a better housing market for homebuyers in 2019 with increasing new and resale home inventory. Those trying to <a href="https://www.elevaterealtygroup.com/sellers/" title="Shifting Winds Are Changing Housing Markets" class="attribution">sell a home</a> may find themselves with competition as more options for homebuyers enter the market.
Most homebuyers <a href="https://www.elevaterealtygroup.com/stephenville/" title="Stephenville homes for sale">in Stevensville</a> and Granbury want a finished product so upgrades or fixer-upper projects should be started now. Homes could be overlooked if not in good condition and move-in ready for buyers. Upgrades and improvements don’t have to be expensive or labor intensive. There are many simple things that a homeowner can do to be ready for potential buyers.
Curb Appeal
Curb appeal can be a make or break a deal when trying to get potential buyers in the front door. How a home looks from the street can cause someone to drive-by or stop and come inside.
Curb Appeal To-Do List
Mow the lawn, prune bushes, plant flowers.
Pick up trash and clutter
Clean gutters; pressure wash siding, walkways, driveway
Replace broken windows
Clean windows
Paint the front door
Replace faded house numbers
Repair and paint the mailbox
Add a new welcome mat
<img src="https://assets.site-static.com/userfiles/528/image/First_Impressions_Matter.jpg" width="383" height="321" alt="Shifting Winds Are Changing Housing Markets" title="Shifting Winds Are Changing Housing Markets" />
First Impressions Matter
Bad smells in the house can turn away potential buyers. Homeowners may not even realize there is a bad smell because they get used to it. There are some easy ways to <a href="https://www.realtor.com/advice/home-improvement/odor-removal-home-buyers/">make sure that the house smells inviting and ready for new owners</a>.
Good Smells To-Do List
Remove litter boxes and animals
Spray an air neutralizer
Use an air cleaning unit
Put out fresh flowers
Bake a batch of cookies (this gives a wonderful “welcome home” feel)
Make it Theirs
When a potential buyer is looking at a new home they want to be able to see themselves in it. They want to be able to envision their things on the walls, shelves, and counters.
Make it Their To-Do List
Remove family pictures
Pack non-essential items
Rent a storage unit for extra furniture
Declutter closets to show their potential
Clean out drawers and clear the countertops
Organize kitchen cabinets and linen closets
Everything Should Be Fresh and Clean
Simple repairs and a good dusting may be enough to prepare for a home for sale but, sometimes a room needs a little more than cleaning. <a href="https://www.consumerreports.org/interior-paints/hottest-interior-paint-colors-of-the-year/">Paint can give a room a fresh look</a> and neutral colors appeal to a larger audience.
Fresh and Clean To-Do List
Repair any wall damage
Add a fresh coat of paint
Fix broken closet doors
Dust and clean ceiling fans
Clean carpets and rugs
Dust hanging pictures
Wash curtains and dust window blinds
Housing Market Update
For more information about <a href="https://www.elevaterealtygroup.com/blog/secret-staging-tips/" title="Shifting Winds Are Changing Housing Markets" class="attribution">staging tips</a>, maintenance, buying or selling a home, <a href="https://www.google.com/search?q=elevate+realty+group+granbury+tx+realtor&rlz=1C1CHBF_enUS721US721&oq=elevate+realty+group+granbury+tx+realtor&aqs=chrome..69i57.18997j0j9&sourceid=chrome&ie=UTF-8" title="Shifting Winds Are Changing Housing Markets" class="attribution">contact your local real estate agent</a>.2019-05-17T14:16:00-07:002020-01-03T22:56:39-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5711Is A Reverse Mortgage Right For You?<img src="https://assets.site-static.com/userfiles/528/image/Is_A_Reverse_Mortgage_Right_For_You_.jpg" width="1200" height="628" alt="Is A Reverse Mortgage Right For You?" title="Is A Reverse Mortgage Right For You?" />
Will A Reverse Mortgage Work For You?
Reverse <a href="https://www.elevaterealtygroup.com/blog/qualify-for-self-employed-mortgages/" title="Is A Reverse Mortgage Right For You?" class="attribution">mortgage options</a> have been around for years, however, there is still a lot of confusion about them. The programs tend to be complicated and are not necessarily right for everyone so it’s important to understand what a reverse mortgage is before making a decision.
How a Reverse Mortgage Works
Homeowners who are 62 years old can supplement their retirement years income in with a reverse mortgage loan if they live in the home and have a certain amount of home equity.
How Much Does a Reverse Mortgage Pay?
The amount of money borrowed on a reverse mortgage depends on <a href="https://www.mortgageloan.com/calculator/home-equity-line-of-credit-calculator">how much home equity</a> is available. Typically no more than 80% of a home’s equity can be used. The maximum amount anyone can receive from a reverse mortgage is $680,000, however, most loans are much less. The amount the loan from a reverse mortgage lender will pay depends on several factors, including age, <a href="http://elevatehomevalue.com/" title="Is A Reverse Mortgage Right For You?" class="attribution">current home value</a>, and interest rate. This chart shows how these factors determine the amount of equity available:
Interest rate: 4% 5% 6%
65 year old borrower: 49% 43% 38%
90 year old borrower: 69% 65% 62%
<img src="https://assets.site-static.com/userfiles/528/image/Different_Types_of_Loan_Payout_Options.jpg" width="423" height="355" alt="Is A Reverse Mortgage Right For You?" title="Is A Reverse Mortgage Right For You?" />
Different Types of Loan Payout Options
A homeowner can choose how the life of the loan amount is paid out and can either receive monthly payments or they can get it all in one payout. Other variations include a hybrid option, which is an upfront lump sum and monthly payments; opening a line of credit, where money is withdrawn as needed, usually with limits.
What Are the Costs of A Reverse Mortgage?
A reverse mortgage is like any other loan and has various closing costs associated with it including interest, an origination fee, and set aside fees. <a href="https://budgeting.thenest.com/set-aside-mortgage-32690.html">Set aside fees</a> include home appraisals and any repairs necessary to get approved for the loan.
Home appraisal costs vary from $250 to $1,000 and depend on the size of the home and accounts for any problems that might come up during the appraisal process. Current <a href="https://www.elevaterealtygroup.com/blog/first-time-home-buyers-guide-the-basics-of-a-mortgage/" title="Is A Reverse Mortgage Right For You?" class="attribution">existing mortgage rates</a> determine the amount the homeowner is charged against the loan balance every year. This amount is assessed at the end of the loan term or when the home is sold.
Lenders charge an origination fee to cover their cost of processing the loan application. This fee is typically assessed at 2% on the first $200k of a home’s value and 1% on the remaining amount, with a max of $6k. If the home’s value is 125k or less, the origination fee cannot exceed $2,500.
As an example, a home valued at $350k can expect to pay:
$200,000 x 2% = $4,000
$150,000 x 1% = $1,500
TOTAL: $5,500
Is it Worth It?
Understanding how a reverse mortgage works and the associated costs can help a homeowner make an informed decision and allow them to move forward with their loan process with confidence that this is the right choice for them.
Although a reverse mortgage program is not right for every homeowner, by doing the homework you can make an informed decision. <a href="https://www.cnbc.com/2018/04/30/heres-how-to-tap-your-home-equity-safely.html">Tapping into your home’s equity</a> can bring new life to a home with renovations or maybe you just want to take that crazy vacation you’ve been talking about. However you spend the money make sure that you are getting the best loan for you.
For more information about reverse mortgages, buying or selling a home, contact your <a href="https://www.google.com/search?rlz=1C1CHBF_enUS721US721&ei=XhXXXP2uCsKwtQXHy7e4Cg&q=elevate+realty+group+granbury+tx+realtor&oq=elevate+realty+group+granbury+tx+realtor&gs_l=psy-ab.3...5499.6368..6847...0.0..0.130.542.5j1......0....1..gws-wiz.......0i71.4s4HZxW4NVY" title="Is A Reverse Mortgage Right For You?" class="attribution">local real estate agent</a>.2019-05-11T12:41:00-07:002020-01-03T22:44:19-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5631Tips On Home Security When On Vacation<img src="https://assets.site-static.com/userfiles/528/image/Tips_On_Home_Security_When_On_Vacation-01.jpg" width="5000" height="2617" alt="Tips On Home Security When On Vacation" title="Tips On Home Security When On Vacation" />
Making Your Home Secure During Vacation
Spring has officially arrived, and with it, thoughts of weekend camping trips, days at the beach and Spring Break vacations. Unfortunately, this is also the season known for the highest percentage of day-time residential break-ins.
A report by the <a href="https://www.bjs.gov/content/pub/pdf/spcvt.pdf">U.S. Department of Justice</a> showed the highest percentage of burglaries occur during the spring and summer and in the daylight hours. The report stated that ice and snow were a significant deterrent with the lowest number of burglaries happening in February.
Homes that do not have security camera systems are 300% more likely to be broken into. A professionally monitored home security system is a smart addition to a home’s defenses, but it isn’t necessarily step one.
Here are a few tips on making your home safe or <a href="https://www.elevaterealtygroup.com/blog/first-time-home-buyers-guide-the-basics-of-a-mortgage/" title="Tips On Home Security When On Vacation" class="attribution">things to keep in mind when buying a home</a>:
<img src="https://assets.site-static.com/userfiles/528/image/Making_Your_Home_Secure_During_Vacation.jpg" width="940" height="788" alt="Tips On Home Security When On Vacation" title="Tips On Home Security When On Vacation" />
Security Check
Do a security check. Walk around the perimeter of the house and check for anything that might allow burglar access through a window or door.
1. Maintain The Outside
Burglars are looking for an easy target and some place to hide. A front door or walkway obscured by shrubbery gives the perfect cover needed for unauthorized access to break through a door or window. To improve security around the home, trim the shrubs to help widen the front walks and clear the windows.
2. Install Motion Detector Lighting.
Install <a href="https://www.familyhandyman.com/electrical/outdoor-lighting/how-to-choose-and-install-motion-detector-lighting/">motion-activated lighting</a> all around the house and property, not just the front. Simple motion-activated flood lights are less than $50, and they are very easy to install as a DIY project or have a company do a professional installation.
3. Secure Valuables
Thieves are looking for anything easy-to-grab such as electronics, cash, and jewelry. According to <a href="https://www.safewise.com/blog/8-surprising-home-burglary-statistics/">Safewise.com</a> most burglars start in the master bedroom looking for spare cash, jewelry, even guns. Move valuables to a safe deposit box and/or install a home safe. Costs for a home safe range from around $150 to $500. They can be bolted to a wall or slab and are a secure way to ensure that valuables are safe.
4. Data Security: A Sign of the Times
Personal sensitive <a href="https://en.wikipedia.org/wiki/Data_security">data security</a> is as important as securing your home with door and windows sensors. Take time to back up any sensitive information in case of theft or a personal data breach. Always keep a password protect on the login screen, and shut down the computer when you are not going to be home.
5. Be Prepared
Keep a photo or video inventory of valuable items. Keep the file in an online cloud account, in a home safe or safe deposit box. Whether you are a homeowner or a renter, valuable items should be insured for theft. Policies can be added as riders to an existing policy or carried alone. They are minimal in cost especially when compared to the loss suffered should a burglary occur.
12 Ways to Protect Your Home While You’re Away
Here are 10 home burglary stats from <a href="https://www.safewise.com/">Safewise.com</a>:
Burglars tend to avoid a home with a home security company sign.
Most burglaries take place between 10:00 a.m. and 3:00 p.m.
The majority of break-ins are committed by burglars who live nearby.
Most criminals can burglarize a home in less than ten minutes.
Almost 30% of burglars enter a home through an unlocked door or window.
An astonishing 34% of burglars enter through the front door.
Burglars usually go to the master bedroom first.
The average property dollar loss per burglary is a staggering $2,251.
Someone is home during nearly three out of every ten burglaries.
Only 13.6% of burglaries in 2014 resulted in arrests.
For more information about security, buying, or <a href="https://www.elevaterealtygroup.com/sellers/" title="Tips On Home Security When On Vacation" class="attribution">selling a home</a>, <a href="https://www.google.com/search?q=elevate+real+estate+granbury+tx+realtor&rlz=1C1CHBF_enUS721US721&oq=elevate+real+estate+granbury+tx+realtor&aqs=chrome..69i57.16900j0j4&sourceid=chrome&ie=UTF-8" title="Tips On Home Security When On Vacation" class="attribution">contact your local real estate agent</a>.2019-04-16T15:16:00-07:002020-01-03T23:33:28-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5587Qualify For Self-Employed Mortgages<img src="https://assets.site-static.com/userfiles/528/image/Qualify_For_Self-Employed_Mortgages.jpg" width="1200" height="628" alt="Qualify For Self-Employed Mortgages" title="Qualify For Self-Employed Mortgages" />
Technology Allows The Self-Employed To Qualify For Mortgages
Just about one in every ten people in the United States workforce are self-employed. Being self-employed has notoriously made it hard to <a href="https://www.elevaterealtygroup.com/blog/first-time-home-buyers-guide-the-basics-of-a-mortgage/" title="Qualify For Self-Employed Mortgages" class="attribution">obtain a mortgage loan</a>. The times are changing, lending giants <a href="http://www.fanniemae.com/portal/index.html">Fannie Mae</a> and <a href="http://www.freddiemac.com/">Freddie Mac</a> have put in place a new system that will make this process easier for the self-employed.
Automated Underwriting
When a self-employed person wanted to buy a home, they had many hoops to jump through first. Unless they were going to sell a home that they owned, and planned to bankroll that money to buy a home. They had to provide years of tax documentation with physical receipts and all kinds of other documentation that would take banks weeks and months to comb through. As they say, nothing is ever easy!
Realtors were always happy to bring these people to see <a href="https://www.elevaterealtygroup.com/" title="Qualify For Self-Employed Mortgages" class="attribution">new real estate listings</a>, but they knew that it would take some time to get through the mortgage process. Fannie Mae and Freddie Mac have decided to change the process for small business owners. They have acquired new technology that will allow them to get all of the background searching done in a matter of days rather than weeks. The technology is referred to as electronic underwriting.
This is great news since one out of every ten Americans can now feel much more confident about buying their own home and Realtors won't have to feel bad when a client's favorite listing goes under contract while they are waiting for endless seas of paperwork to be processed.
Not only that but small business owners will no longer have to endure extra fees charged by banks because of the additional paperwork or the inconsistency of their income. This automation also works to underwrite people that have side income as well.
Sometimes people that work on a small business outside of the workplace can have a hard time proving that income, but now all of that is changed. People can use all of their income to qualify for their dream home.
<img src="https://assets.site-static.com/userfiles/528/image/Self-Employed_Mortgages.jpg" width="940" height="788" alt="Qualify For Self-Employed Mortgages" title="Qualify For Self-Employed Mortgages" />
Automated Or Manual Underwriting
There is some debate about manual and electronic underwriting. The argument is that if people have complicated pay histories, electronic underwriting may not work for them. That depends entirely on the system being used. Many online and brick and mortar mortgage sites use <a href="https://veri-tax.com/your-mortgage-application-underwriting-and-loan-approval/">electronic underwriting for pre-approval</a>.
These programs are much more simple than what Fannie and Freddie have implemented. The online programs mainly just check credit scores, credit reports, and scan over a W-2 to make an initial offer.
Let's not forget that initial offers can always change as the mortgage process progresses. Because of this, it may be a good idea to not disclose the full amount of your pre-approval to your Realtor. Especially if you have student loans that the offering back does not know about.
If you are rejected using one of these simple pre-approval programs you may want to go down to your bank and sit down with a loan officer to discuss other options. <a href="https://www.elevaterealtygroup.com/buyers/" title="Qualify For Self-Employed Mortgages" class="attribution">Buying a home</a> is part of the American dream. Now Fannie Mae and Freddie Mac are making it easier for more American's to have their own homes with new and innovative technology.
For more information about how you can get a loan for your next home, contact your <a href="https://www.google.com/search?q=elevate+realty+group+granbury+tx&rlz=1C1CHBF_enUS721US721&oq=elevate+rea&aqs=chrome.0.69i59j69i60l2j69i61j0j69i57.2342j0j7&sourceid=chrome&ie=UTF-8" title="Qualify For Self-Employed Mortgages" class="attribution">local Real Estate agent</a>.2019-04-03T11:02:00-07:002020-01-03T22:50:08-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5549Decluttering Guide For Recovering Hoarders<img src="https://assets.site-static.com/userfiles/528/image/Decluttering_Guide_For_Recovering_Hoarders.jpg" width="1200" height="628" alt="Decluttering Guide For Recovering Hoarders" title="Decluttering Guide For Recovering Hoarders" />
Recovering Hoarders Guide To Decluttering
Decluttering a home before putting it on the market will <a href="https://www.elevaterealtygroup.com/blog/secret-staging-tips/">make staging faster</a> and selling it much easier and less costly. <a href="https://www.elevaterealtygroup.com/">Real estate professionals</a> all agree that the best time to <a href="https://www.elevaterealtygroup.com/sellers/">sell a home</a> is fast approaching and homeowners thinking of selling are already starting to think about spring cleaning and what they are going to do with all the stuff they’ve accumulated over the years.
The thought of cleaning out an attic or a garage can seem so overwhelming to some that they begin to wonder if they are really ready to tackle the job. Here we’ve put together a toolbox of solutions to help get rid of unnecessary stuff that may be keeping you from putting that for sale sign in the yard.
Start Small
Focus on a single room, closet, or even a drawer if that’s all you can handle or have time for. Even the smallest of accomplishments will offer immediate gratification when finished.
Be Methodical
Tackling a whole room requires a more methodical approach. Start in a corner and finish that area before moving on. Move around the room is everything is decluttered and what is left has a home there. Working through a whole room might take several hours or several days. Keep at it focusing on one area at a time. In the end, there will be a real sense of elation and will offer motivation.
Pay It Forward
Keep a box, bag or bin in a convenient place and add items that can be donated to a <a href="https://www.missiongranbury.org/">local thrift store or homeless shelter</a>. Once the box or bag is filled, call a local donation center to schedule a pickup. Also, remember to go through your linen closet for your local animal shelter. They are always in need of used towels and bedding.
Find out what different charities will accept and when, and which ones will pick up donations, saving time and hassle. Some charities won’t take mattresses, box springs or linens. While others won’t pick up furniture. Remember, “One person’s trash is another’s treasure.” Ask your children or grandchildren if they’d like to have anything to keep from their childhood.
Keep any receipts of donations as you may be able to secure a tax donation from the IRS if you’ve contributed to a qualified tax-exempt organization. Consult a tax adviser for the exact percentages that are allowed for write off.
<img src="https://assets.site-static.com/userfiles/528/image/RECOVERING_HOARDERS_GUIDE_TO_DECLUTTERING.jpg" width="940" height="788" />
Wear It Or Throw It Out
If you haven't worn something in a year or two, it’s time to give it away. If it’s vintage or valuable, consider an estate sale or auction or even a local consignment shop. If you are feeling overwhelmed at the thought of clearing out an entire closet, start with one category.
Go through the shoes and purge those that need repair, aren’t in style or that you haven’t worn in a year or more. Once the shoes are done do the same thing with belts, scarves, socks, and ties. When you get to the clothes categorize them by summer, then by tops and bottoms.
If It's Broken Don’t Fix It
Don’t keep broken stuff that you’ve been promising to repair. If it’s broken, torn, or missing parts, it’s time to get rid of it.
Sell Everything
It’s a good idea to have a list of estate sales specialists and consignment shops in the area. Try to get recommendations for those that are known for fair dealing. Be mindful of the rates. Some of these services take a big cut, sometimes up to half the sales price.
Try eBay for the best prices, if you are selling items yourself. However, if you don’t want to ship items, it would be better to post goods on local online sites, such as Facebook Marketplace or other local online marketplaces like Craigslist. The “Nextdoor” and “Neighbors” are both apps connecting people by Zip Codes or neighborhoods and are a great way to find local buyers for unwanted items.
Toss It Or Give It Away
Some may find it harder than others to throw away unwanted items depending on city codes. If you have a lot of stuff to put on the curb or need to take to the landfill, take time to contact the right authorities to make sure things go out on the right day and that the trash company will pick up the items.
If it’s something that they won’t pick up, try contacting a local trash-hauling company or <a href="https://www.1800gotjunk.com/us_en">1-800-GOT-JUNK</a>, which operates nationwide. It’s important to be aware of laws governing trash. Some cities will allow a homeowner to put stuff on the curb with a “Free” sign, while others levy fines for this activity.
Whichever of these tactics you choose, turn the music on and get in the groove with some upbeat music. It can really help to get the job done. For more information about buying, selling, or decluttering your home, <a href="https://www.google.com/search?q=elevate+real+estate+group+granbury+tx+realtor&rlz=1C1CHBF_enUS721US721&oq=elevate+real+estate+group+granbury+tx+realtor&aqs=chrome..69i57.21207j0j9&sourceid=chrome&ie=UTF-8">contact your local Realtor</a>.2019-03-18T11:45:00-07:002020-01-03T20:28:47-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5486The Most Profitable Types Of Commercial Real Estate Investments<img src="https://assets.site-static.com/userfiles/528/image/The_Most_Profitable_Types_Of_Commercial_Real_Estate_Investments.jpg" width="1200" height="628" alt="The Most Profitable Types Of Commercial Real Estate Investments" title="The Most Profitable Types Of Commercial Real Estate Investments" />
Investments In Commercial Real Estate
Although the idea of investing, in general, has been a popular trend among the majority of individuals lately, one specific sector has become increasingly popular for a number of reasons; commercial real estate.
Commercial properties are different from <a href="https://www.elevaterealtygroup.com/hood-county/subdivisions/" title="The Most Profitable Types Of Commercial Real Estate Investments" class="attribution">residential subdivision properties</a>, as the term commercial refers to <a href="https://www.elevaterealtygroup.com/hood-county/homes-with-land/" title="The Most Profitable Types Of Commercial Real Estate Investments" class="attribution">land for sale</a> or buildings intended to generate a profit for an investor or owner. There are two ways in which commercial estate can generate profit, either through capital gain or rental income.
Some examples of commercial properties include hotels, shopping malls, office buildings, retail stores, medical offices, warehouses, multi-family housing buildings, garages, and even farmland. Essentially, commercial properties are exclusively for business-related purposes where they provide a workspace rather than a space to live.
As an investor or an owner of a commercial building, you are provided with numerous advantages that other sectors of the industry simply do not have.
Longer Leasing Terms
As the investor, you typically own the building and rent it out, ultimately collecting rent checks for each month that the building is occupied.
Additionally, most commercial building leases range anywhere from 1 to 10 years, while residential building leases generally range from a much lower duration. The annual leases for commercial buildings are regularly quoted per square foot per year. In the majority of cases, the bigger the building the longer the lease term. Some investors manage their property leases themselves, while others hire a property manager to handle the oversight of the property.
Steady Income
Perhaps the greatest advantage offered by commercial property is that they simply produce income. Since you as an investor are not required to actually sell the asset or property in order to generate income, you will be constantly obtaining cash flow even through difficult times such as recessions.
This is not the case when it comes to <a href="https://www.dummies.com/personal-finance/investing/stocks-trading/the-importance-of-highs-and-lows-in-stock-tables/">investing in stocks</a> for an example, as they do not pay out dividends or regular cash distributions. With a stock, the only way to profit from it is by selling the stock. With commercial property, a steady income is achieved and sustained through the cash flow of a property, even if you do not <a href="https://www.elevaterealtygroup.com/sellers/" title="The Most Profitable Types Of Commercial Real Estate Investments" class="attribution">sell a home</a>.
This vital trait alone is enough for numerous investors to realize the significance of investing in commercial properties. Furthermore, a traditional property investor who buys a home, fixes and flips it, only makes a profit when they sell that home, unlike a commercial property. Lastly, commercial properties have been known to return the most amount of money on the investment, according to statistics.
<img src="https://assets.site-static.com/userfiles/528/image/Investments_In_Commercial_Real_Estate.jpg" width="940" height="788" alt="INVESTMENTS IN COMMERCIAL REAL ESTATE" title="INVESTMENTS IN COMMERCIAL REAL ESTATE" />
Their Demand is Increasing
Although many individuals believe that brick and mortar stores are a thing of the past, some industries are only able to operate through those physical type stores. Additionally, with the increasing <a href="https://www.forbes.com/sites/allbusiness/2015/09/08/how-to-start-a-small-business-for-less-than-1000/">accessibility and affordability of starting a small business</a>, those future business owners will need a physical place to operate.
Consequently, the demand for leasing spaces or properties has increased since 2010. This provides another significant advantage for commercial property investors, as they can set their own leasing prices in association with the rising demand.
Capital Appreciation
Depending on the popularity of a particular location, the value of commercial property can significantly increase over time. Statistically, commercial properties have shown the greatest amount of inflation out of all investment options.
Essentially, if the rent for a commercial property doubles, then the value of that property will also double. Furthermore, inflation can also be influenced by the cost of building a new property. Consequently, the values of pre-existing properties also increase in order to match the new properties.
This is a substantial factor and advantage that only a few savvy commercial property investors are aware of. The commercial real estate market has been deemed as the most profitable form of property investing ever since the founding of the United States.
The reasons as to why commercial property investing are so attractive is contributed to the fact that they simply have a track record of impressive success, offer greater security, as well as higher returns. Additionally, it is no surprise that over 48% of American millionaires have made their fortune from investing in properties, especially commercial properties.
For more information about buying an investment property, <a href="https://www.google.com/search?q=elevate+realty+group+granbury+tx+realtor&rlz=1C1CHBF_enUS721US721&oq=elevate+realty+group+granbury+tx+realtor&aqs=chrome..69i57.35784j0j7&sourceid=chrome&ie=UTF-8" title="The Most Profitable Types Of Commercial Real Estate Investments" class="attribution">contact a local trusted Realtor</a> for assistance. 2019-02-27T13:30:00-07:002020-01-03T23:18:25-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5397The Role Of Blockchain In The Real Estate Industry<img src="https://assets.site-static.com/userfiles/528/image/The_Role_Of_Blockchain_In_The_Real_Estate_Industry.jpg" width="1200" height="628" alt="The Role Of Blockchain In The Real Estate Industry" title="The Role Of Blockchain In The Real Estate Industry" />
Blockchain Technology In The Real Estate Industry
Over the last few years, there has been talks about cryptocurrency in both mainstream media and on social platforms. You are likely to have heard of terms such as bitcoin, litecoin, dogecoin, ripple, and ethereum, among others.
You might have been wondering what they are talking about and what it has to do with real estate. Cryptocurrencies are becoming more commonly used around the world today.
What is Bitcoin?
Bitcoin is a digital currency that is used to facilitate transactions from one person to another online. One can purchase goods or services using bitcoin while the seller can accept another cryptocurrency such as litecoin for the services or products offered.
What makes this digital currency unique is that it is not controlled by fiscal policies implemented by the government and major banks in the country. However, the currency is gaining attention from regulatory bodies due to its increased popularity and lack of regulation worldwide.
Cryptocurrencies are limited in supply which makes them have skyrocketing value when compared to the common currency. Users develop a private key to authorize transactions. Bitcoins are generated through <a href="https://www.forbes.com/sites/jasonevangelho/2018/03/13/mining-101-what-exactly-is-cryptocurrency-mining/">cryptocurrency mining</a>, which is the name given for the process of validating crypto-transactions, and they adopt blockchain technology to assist in record-keeping.
Blockchain public ledger is a platform that records all the transactions in different computers and cannot be altered or manipulated.
The Relationship Between Blockchain And Real Estate
As people get more <a href="https://www.elevaterealtygroup.com/blog/blockchain-coming-soon-to-real-estate/" title="The Role Of Blockchain In The Real Estate Industry" class="attribution">information about blockchain</a> technology, it may be used more frequently in real estate transactions, as cryptocurrency appears more secure than the traditional cash transactions that people have been using for decades. There’s no doubt, it’s a value-exchange transaction like any other, but it has proven to be more encrypted and secure.
The use of cryptocurrencies such as litecoin and ethereum has gathered pace with other digital currencies and can even be used to purchase goods and services in certain online and brick-and-mortar stores.
The real estate industry has not been left behind, with a large number of real estate owners allowing their assets to be exchanged with bitcoins and other cryptocurrencies. A billionaire, <a href="https://www.dailymail.co.uk/news/article-5348261/Michael-Komaransky-sold-Miami-mansion-Bitcoin.html">Mike Komaransky</a>, based in Miami, Florida, indicated that he was ready to accept bitcoin for his property worth more than $6.4 million.
This a clear indication that digital currency through blockchain technology is playing a pivotal role in the real estate industry. However, a person who wants to buy a home from the real estate agent seems to be trending with much caution due to the volatility and general lack of knowledge of these digital currencies. Since there are limited amounts of cryptocurrency, the value can increase or decrease greatly, depending on the current supply and demand.
<img src="https://assets.site-static.com/userfiles/528/image/Blockchain_Technology_In_The_Real_Estate_Industry.jpg" width="940" height="788" alt="Blockchain Technology In The Real Estate Industry" title="Blockchain Technology In The Real Estate Industry" />
Role Of Blockchain Technology In Real Estate Sales
Providing New Sales Platforms
The traditional real estate market involves a <a href="https://www.google.com/search?q=elevate+realty+group+granbury+tx+realtor&rlz=1C1CHBF_enUS721US721&oq=elevate+realty+group+granbury+tx+realtor&aqs=chrome..69i57.16729j0j7&sourceid=chrome&ie=UTF-8" title="The Role Of Blockchain In The Real Estate Industry" class="attribution">local real estate agent</a> and a property buyer who work together to negotiate the price of a particular property. However, the process is highly controlled by middlemen, which can make the process slower and more expensive.
The new real estate technology will develop platforms where people can buy or sell their properties in real time. This means that all the middlemen can be excluded from the process, making it cheaper and less time-consuming. Blockchain technology has also developed a technology where an individual can tokenize his property so that it can be sold in parts.
Increase Transparency
Transparency has been an issue in the real estate due to the occasional lack of trust between a buyer and a seller. Additionally, verifying the real ownership and clear chain of title to a property has also been a big issue throughout time.
Blockchain technology provides a very transparent process that can easily be trusted by all the stakeholders involved in the process. In case you are looking for <a href="https://www.elevaterealtygroup.com/" title="The Role Of Blockchain In The Real Estate Industry" class="attribution">homes for sale in Granbury</a>, it may be worth your time to consider paying through blockchain technology because it will help you reduce some of the red tape that is often involved in the selling and buying process.
Moreover, blockchain security measures ensure that both the buyer and seller store their information in a secure platform that can easily be verified. Blockchain technology is also implementing measures through which all the properties will have a digital identification such that their ownership can be tested using a common interface. A digital title is open to all people, and they can easily verify the ownership of the property before selling or buying.
Increase Investments
Blockchain can be used in increasing investments in the real estate industry. By eradicating intermediaries, banks, and legal practitioners who usually take a considerable chunk of money for any person selling or buying a property, there will more usable income that can be used towards other purposes.
The developments of blockchain technology in real estate will ensure that the ownership of property can easily be verified and the transfer of ownership can easily be traced. This will reduce the chances of fraudsters taking other people’s property and giving more people the confidence to invest.
The second strategy that will enhance real estate investment is the <a href="https://www.forbes.com/sites/rachelwolfson/2018/10/03/a-first-for-manhattan-30m-real-estate-property-tokenized-with-blockchain/#5e7b81a54895">tokenization of property</a>. Tokenizing allows a buyer to acquire a fraction of a property. This will be similar to what happens in the stock market where investors can buy different amounts of ownership, or stock, in a company.
Investors may be able to purchase “shares” of real estate, and not have to fork out such large chunks of cash to invest in real estate. Similar to how a company divides out shares of ownership into individual certificates of stock, real estate investors will be able to purchase “tokens” of real estate, instead of having to buy the whole house.
Although blockchain technology is still at infancy levels, it has demonstrated the ability to grow and replace the current cash transaction that is prone to manipulation and alteration by fraudsters. This technology offers a more secure method of transferring large sums of money during the purchase of high dollar real estate and the ownership of property can easily be traced and verified.
Buyers should not shy away from cryptocurrrency, and should be encouraged to learn more about the pro’s and con’s of such transactions. Relying on an experienced real estate agent who has knowledge of blockchain technology may be a difficult ask at this current moment in time, but in the years to come, more and more real estate agents will be able to assist you and help you navigate the confusing world of this new and upcoming technology.2019-02-11T13:22:00-07:002020-01-03T23:23:09-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5347First-Time Home Buyers Guide: The Basics Of A Mortgage<img src="https://assets.site-static.com/userfiles/528/image/First-time_home_buyers_guide_.jpg" width="1200" height="628" alt="First-Time Home Buyers Guide: The Basics Of A Mortgage" title="First-Time Home Buyers Guide: The Basics Of A Mortgage" />
Nine Mortgage Terms Explained, From ARMs To Points
Are you considering <a href="https://www.elevaterealtygroup.com/buyers/making-an-offer/">buying a home</a>? Will you need a loan? Do you understand the home loan process and how a mortgage works? Knowing basic home mortgage terminology, including loan types and points, can help first-time buyers learn the things they need to know so they can make their best informed decision. Let’s look at these nine basic terms that may <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/6-tips-home-buyers/" title="First-Time Home Buyers Guide: The Basics Of A Mortgage" class="attribution">help new buyers gain the confidence to move forward</a> with their new home loan.
Down Payment
Realtor says that this money is typically <a style="color: #0000ff;" href="https://www.consumerfinance.gov/about-us/blog/how-decide-how-much-spend-your-down-payment/">20 percent of the total cost of the home</a>. For example, a house that is for sale for $100,000 would typically require a $20,000 down payment to secure the loan.
This payment means that the buyer needs this money up-front before the sale is complete. This percentage is just an average. In areas where homes go quickly, it may take as much as 40 percent to get the home loan.
No-money-down and low-percentage down payments are available. However, these mortgages come with steep interest payments and penalties for defaulting.
Principal
Many mortgages last for 30 years. Buyers can apply for five and fifteen-year loans as well, but the most common is three decades long. The balance left over after paying the mortgage each month is the principal. This figure is the cost of the home minus payments and interest.
Interest
Every lender charges a percentage of the principal as the fee the bank or mortgage provider receives for lending someone the money to buy a house. Realtor says that right now this figure is hovering around four percent.
This average is for a fixed-rate mortgage which we will learn about in a moment. Interest rates can vary with fluctuations in the market. The interest a buyer will pay for an ARM loan can change every year or even every month depending on the lender, but a fixed rate will remain consistent.
Rate Lock
This phrase means that you can <a style="color: #0000ff;" href="https://www.nerdwallet.com/blog/mortgages/what-is-a-rate-lock/">request that the bank lock your interest rate</a> until you close on a house. The problem with this request is that it has an expiration date. Since most closings happen in 60 days or less, this quote is only good for that length of time.
After the time limit, this figure can change. Sometimes expired rate-locks can be re-extended for a fee, but each situation is unique and there’s no guarantee once a lock is expired.
Closing Costs
When a property sale takes place, there is usually a neutral third party that settles the agreements between the buyer and the seller. In some states, this might be an escrow company, and in other states, there may be a real estate attorney, but there will be title insurance fees everywhere.
In a closing settlement, there are certain things the buyer agrees to pay for and certain things the seller may agree to pay for (much of this will be spelled out in the original sales and purchase agreement), as well as “title insurance for the buyer, and the buyer’s lender.
A buyer in a real estate transaction has different fees than a seller would, and depending on the agreement, the fees for each may differ greatly. <a href="https://www.elevaterealtygroup.com/buyers/what-are-closing-costs/">Closing costs</a> are generally due “at closing” and are paid directly out of the sales proceeds.
Sometimes, buyers will ask sellers to cover some or all of their closing costs, to assist the buyer in being able to complete the transaction. Paying a buyer’s closing costs isn’t all that bad, because it’s generally considered an expense of sale, and can be tax deductible.
Points
<a style="color: #0000ff;" href="https://bettermoneyhabits.bankofamerica.com/en/home-ownership/buying-mortgage-points-lower-rate">Points are a way lenders figure up closing costs</a>. Each point represents a one percent fee that relates to the interest rate on your loan. While you want to keep these numbers down, securing your dream home is worth every penny if you can afford it.
Lenders can explain these points, and their cost, in more detail when you apply for a loan. Keeping a list of questions to ask the bank is an excellent way to get the answers you need before signing on the dotted line.
<img src="https://assets.site-static.com/userfiles/528/image/mortgage.jpg" width="940" height="788" alt="Nine Mortgage Terms Explained, From ARMs To Points" title="Nine Mortgage Terms Explained, From ARMs To Points" />
Fixed-Rate Mortgage
Fixed rates are secure from interest hikes, but they also work the opposite way. When the rates drop, the buyer will still pay the same interest on the loan.
The appeal of these mortgages is that the mortgage payment is predictable, versus variable rate loans which change with interest rates and market conditions.
ARM Loan
ARM stands for adjustable rate mortgage. These variable rate loans go up and down often. Most of these transactions begin with a fixed interest rate for a set period of time, often a year or two, then adjust according to <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/where-is-the-housing-market-going/" title="First-Time Home Buyers Guide: The Basics Of A Mortgage" class="attribution">the current market conditions and rates of the day</a>.
Adjustable rate mortgages have a useful place in the lineup of choices, but recall, this is also the same type of mortgage that caused many people to lose their home in the Great Recession. If rates go up and the loan resets, your payment could possibly skyrocket.
Consider this loan with cautious deliberation. Adjustments can happen annually, bi-annually, or even monthly depending on the terms of the loan.
Loan Caps
Buyers can protect themselves from high-interest rates on ARMs by asking for a rate cap. Realtor says that this inclusion will be costly. Buyers can ask the bank or mortgage lender to limit the interest rate to a set amount when negotiating the loan.
Researching these terms and the available loan types are fantastic ways to ensure that you are taking out a loan that is affordable now and in the future. Buyers can negotiate everything from the length of the loan to how much and who pays the closing costs when taking on a mortgage.
<a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/buyers/" title="First-Time Home Buyers Guide: The Basics Of A Mortgage" class="attribution">First-time homebuyers</a> may want to heavily consider fixed rate mortgages or asking for an ARM cap to keep monthly costs predictable. Realtor says that 72 hours after getting a loan that the lender must provide an estimate of costs so that you have time to look over the terms before signing on the dotted line.
For more information about loans, and understanding the home-buying process, <a style="color: #0000ff;" href="https://www.google.com/search?q=elevate+realty+group+granbury+tx+realtor&rlz=1C1CHBF_enUS721US721&oq=elevate+realty+group+granbury+tx+realtor&aqs=chrome..69i57.29970j0j7&sourceid=chrome&ie=UTF-8" title="First-Time Home Buyers Guide: The Basics Of A Mortgage" class="attribution">contact your local trusted Realtor today</a>.2019-01-25T12:20:00-07:002021-03-11T17:05:53-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5279How Climate Change Is Affecting Real Estate<img src="https://assets.site-static.com/userfiles/528/image/climate_change_and.jpg" width="1200" height="628" alt="How Climate Change Is Affecting Real Estate" title="How Climate Change Is Affecting Real Estate" />
Climate Change Is Affecting The Real Estate Industry
The latest climate change report has many homeowners asking questions about the effect it will have on their <a href="https://www.elevaterealtygroup.com/sellers/pricing-your-home/">home values</a>. People want to know if <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/where-is-the-housing-market-going/" title="How Climate Change Is Affecting Real Estate" class="attribution">real estate markets</a> will be affected by the physical impacts of global warming. And if so, how will the insurance industry change its models and rates to adjust?
Most economists and real estate experts agree that this is an extremely important economic issue! We have experienced rising sea levels, stronger and more frequent <a style="color: #0000ff;" href="https://www.e-education.psu.edu/earth107/node/1519">storms that are affecting coastlines</a>, and increased drought and forest fires threatening mountainous areas. These climate changes have already affected real estate values and insurance rates just about everywhere.
The Risks To The Real Estate Industry Are Real
Two UC Berkeley researchers did a study in 2008 that revealed the biggest economic threat associated with climate change, is California’s real estate and insurance industries. The story is the same in many states across the country.
Lower lying coastal areas, like those along the Gulf Coast, are particularly vulnerable to sea-level changes and susceptible to stronger storms. Those risks reflect heavily on rising insurance premiums. Experts have projected that factors such as weather patterns, higher sea levels, coastal erosion, massive flooding, and wildfires will cause between $300 million to $3.9 billion in California real estate losses annually.
The wide range is due to uncertainty in climate models and that uncertainty makes the insurance industry very nervous and wondering how to prepare. What is known is that California alone has estimated <a style="color: #0000ff;" href="https://www.mercurynews.com/2008/11/13/california-gets-dire-warning-on-global-warming/">$2.5 trillion in real estate assets are at risk</a> due to climate change damage.
<img src="https://assets.site-static.com/userfiles/528/image/Untitled_design.jpg" width="940" height="788" alt="How Climate Change Is Affecting Real Estate" title="How Climate Change Is Affecting Real Estate" />
The Risks For Homeowners Are Just As Real
<a style="color: #0000ff;" href="https://www.insurance.com/home-and-renters-insurance/coverage/homeowners-insurance-cancelled">Insurers are canceling homeowners’ policies in high-risk areas</a> and raising insurance premiums in areas with the potential to be impacted. Allstate dropped 320,000 policies in Florida and is no longer writing any new policies there.
They also dropped close to 40,000 coastal homeowners in New York. The continued uncertainty about global warming predictions has made some people skeptical. But skepticism aside, real estate and insurance professionals are increasingly convinced and making steps to ensure they don’t go down with the disappearing coastline.
The bad news for consumers is they will pay the price for global warming whether real or not and even if they are not directly affected. In response to cancellations like Allstate, some states have stepped in to provide insurance as a last resort. These state plans provide coverage at below risk premium rates. However, states are betting against major climate change impacts. Which in effect means taxpayers will be held responsible for subsidizing the riskiest properties in their state if the floodwaters to rise.
Believe It Or Not!
No matter what you believe, the effects of climate change are expected to be widespread, varied and unpredictable. Although real estate markets and insurance rates may seem trivial if compared to failed crops and spreading disease, also attributed to climate change.
The ongoing mortgage crisis in our country makes it painfully clear how crucial real estate values are to our economy. For more information about real estate in your area <a style="color: #0000ff;" href="https://www.google.com/search?q=elevate+realty+group+ganbury+tx&rlz=1C1CHBF_enUS721US721&oq=elevate+realty+group+ganbury+tx&aqs=chrome..69i57j0l2.13255j0j7&sourceid=chrome&ie=UTF-8" title="How Climate Change Is Affecting Real Estate" class="attribution">contact your local realtor</a>.2019-01-10T15:46:00-07:002020-01-03T22:06:17-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5240Prepare Your House And Make It Sell Fast<img src="https://assets.site-static.com/userfiles/528/image/Prepare_Your_House_And_Make_It_Sell_Fast_1.jpg" width="1200" height="628" alt="Prepare Your House And Make It Sell Fast" title="Prepare Your House And Make It Sell Fast" />
Make Your Home Sell Fast
Spending $10,000 or more on a <a href="https://allentxremodeling.com/kitchen.html">kitchen remodel</a> is easy when you want a granite slab, new appliances or a brand-new island. Homeowners don't have to spend their entire life savings on the kitchen, however.
There are clever updates for substantially less money that can make a huge difference in the property's value, especially <a href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">when it comes time to sell</a>. Explore these ideas for your next “project day”. Trying to sell a home becomes much easier when you’re not trying to do everything at once.
Paint The Cabinets<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Painted-Cabinets.jpg" width="616" height="462" style="color: #2d2d2d; font-size: 13px; font-family: Arial, Helvetica, sans-serif;" />
One of the most common suggestions for a kitchen makeover is <a style="color: #0000ff;" href="https://www.pinterest.com/pin/275423333439701349/?lp=true">painting the cabinet faces</a>. While this idea is still viable, you want a more quality appearance. All too often, the exteriors of cabinets are improved, while the inside wears out and begins to look unappealing.
Take care of your cabinets, not only on the outside, but on the inside too. Many homes have drab, particle board as the cabinets' interiors. Paint the interior white, and add a shelf liner for a focal point. From the moment that visitors walk into the home, they'll see a unique feature that most properties don't have.
Add Stainless Steel
Behind your stove-oven range is often a blank wall that takes the brunt of the household's cooking. Splatters of liquids over the years will take their toll on the wall paint. Add a basic sheet of stainless steel to the wall that's reminiscent of a chef's kitchen.
It adds <a style="color: #0000ff;" href="https://www.southernliving.com/home-garden/decorating/kitchen-inspiration">a distinct look to the space that matches nearly any decor</a> choices. It wipes down with ease too. The kitchen may be busy, but it can't look messy while visitors consider their options to buy a home.
Line The Countertop
Pulling the old countertop and replacing it is a difficult and expensive job. Think about lining an older, laminate countertop with new materials. Today's adhesive films are more beautiful than ever before.
Simply clean off the counter and apply the sheets according to the directions. Smooth out any bubbles as the sheets go down. Your perfectly functional countertop now has a brand-new appearance for a quick sale.
Swap Out The Faucet
It's your real-estate agent's job to sell the home at top-dollar. Showing off the kitchen's features will always include the sink and hardware. If your faucet hardware is outdated, consider replacing it with something new. Touches like this give a modern appearance to a kitchen, even if other features are a few years old. Visitors will focus on the slick handle or pull-down nozzle.
Trade Out The Lighting
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Kitchen_Lighting.jpg" width="710" height="474" />
An agent might walk through your property and hint at the dated decor. Updating the light fixture in the kitchen is a great way to refresh a space. Add in track or recessed lighting. Pull those old fluorescent bulbs from the ceiling.
Select fixtures and bulbs that give the cooks a good view of their creations. The kitchen may be a selling point, but it must also be functional. Lights over the sink and stove are always welcome.
Look Out The Window
Dirty blinds or curtains will mar the kitchen's appearance, so either get some good deep cleaning done in and around the window, or consider entirely new window treatments. Your agent may want you to highlight a tree or other view outside a particular window.
If you have a spectacular view, try curtains that can be pulled open as wide as possible to maximize the panorama. Consider shutters or shades when privacy is a concern. Always clean the windows before selling too. Enthusiastic cooking and dish washing can produce grease or water spots on windows, and may be an eyesore.
Stick ‘Em Up
If you're tired of that old backsplash, change it out with tiles that have adhesive qualities. They look just like tiles, but without the spacers and alignment woes. Ask your <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/">real estate agent</a> about his or her opinion of the "tile stickers." A professional might be hard pressed to pinpoint the difference between a traditional tiling and stickers.
This feature can improve the appearance of a kitchen dramatically, at a surprisingly low cost. Always consider the neighborhood's pricing as you choose options and materials. A home in a middle-class neighborhood doesn't need marble flooring, for example.
Real estate sells at prices that are a reflection of the surrounding neighborhood. Choose your updates carefully and a solid profit is possible.
For more information about how to improve your home to sell, consult with your <a style="color: #0000ff;" href="https://www.google.com/search?q=elevate+realty+group&rlz=1C1CHBF_enUS737US737&oq=elevate+realty+group&aqs=chrome..69i57j69i61l2j69i60j0l2.10440j0j7&sourceid=chrome&ie=UTF-8">local professional Realtor</a>. Their experience can not only eliminate stress, but can potentially save you thousands of dollars or more.2018-12-28T17:52:00-07:002020-07-29T20:33:25-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5178What's A Real Estate Trust<img src="https://assets.site-static.com/userfiles/528/image/Whats_A_Real_Estate_Trust_.jpg" width="1200" height="629" alt="What's A Real Estate Trust?" title="What's A Real Estate Trust?" />
What Is A Real Estate Trust? Should You Have One?
Buying a home can be an incredible experience. It is both an investment and an important step. However, people are many times confused when considering the pros and cons of creating a trust agreement when purchasing a home.
Here we will go deeper, covering the most important aspects of a legal trust, and simplifying them in a way everyone can understand. Learn how a trust works, and some ideas on how it can protect your real estate investments.
What Is A Trust?
Most people who want to <a href="https://www.elevaterealtygroup.com/hood-county/subdivisions/">buy a home in Granbury Subdivisions</a> or acquire assets ask this question. A trust is a legal agreement between three parties—the trust founder, trustee, and the beneficiaries, and often drafted by an estate planning attorney or qualified financial advisor.
In this agreement, the trust founder hands over his or her properties to the trustee so the trustee can manage the assets for the benefit of the beneficiaries. In most cases, the recipients are usually the kids of the trust founder. Some founders add other beneficiaries such as schools and communities.
Most people fear putting their properties on a <a style="color: #0000ff;" href="https://www.thebalance.com/how-to-fund-real-estate-into-a-trust-3505275">real estate trust</a> because they feel the paperwork and tax can be expensive. It can be expensive to maintain tax for two entities—the asset and the trust. However, it can also be ideal if you plan to acquire more assets in your life. They can all be managed under one roof.
Before buying a home via a trust, it would be ideal to get a financial advisor to explain the legal processes. He or she will also inform you what you need to know about a trust deed, what you should do to set it up, and the rules the deed defines for the trust.
The following information is general knowledge and should not be considered actual legal advice. When in doubt, always consult an attorney.
Two Types Of Trusts:
<a style="color: #0000ff;" href="https://www.investopedia.com/terms/t/testamentarytrust.asp">A Testamentary trust</a>—it is created after the death of the grantor using a will. Usually, it must go through a probate process. This trust comes into effect after the death of a grantor; thus, his beneficiaries cannot access his or her properties until he is dead.
<a style="color: #0000ff;" href="https://www.dummies.com/personal-finance/estate-planning/what-is-a-living-trust/">A Living trust</a>—it is created by the grantor while is still alive. The grantor can amend a living trust anytime. It is also revocable. It is flexible because even young people can have it. They can add beneficiaries as they are born.
What Are The Benefits Of Having A Trust?
There are many benefits of having a trust when buying your home. It can also be beneficial when you want to <a href="https://www.elevaterealtygroup.com/sellers/">sell a home</a>. One of the most significant advantages is that your beneficiaries can access your assets in case of incapacitation or death.
Taking a trust on your properties saves your beneficiaries the stress of having to ask the court for a guardian for your properties if you are unable to manage your assets. It also protects your heirs from probate processes.
When we talk of avoiding probate, it means that the court has no opinion on who should take over after the death of a grantor. This applies to a living trust. When buying a home or any property, you enjoy the privilege of protecting the privacy of your heir and yours too because the name of the title will be that of the trustee.
This protects one's identities from creditors. A trust also lets you decide on how your assets should be shared or distributed after your death. Your assets can be shared among your beneficiaries at no extra cost.
What Are The Disadvantages Of A Trust?
Even though there are benefits, after establishing the trust, you will also need to maintain it. If you acquire additional assets, you will need to add them to your trust. You have to remove those that are no longer yours.
This can attract legal costs. After the death of a grantor, the assets of a grantor will incur additional expenses because there will be the need for the trust to file returns.Whether you choose to go the trust way or not, the time to acquire property is today. Waiting is not currently advised when it comes to real estate.
Buy now and hold for a few years to increase your return on investment. For more information, contact your <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/">trusted local Realtor</a>.2018-12-10T15:53:00-07:002020-01-03T23:55:34-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5122Secret Staging Tips<img src="https://assets.site-static.com/userfiles/528/image/Secret_Staging_Tips_1_1.jpg" width="1200" height="629" alt="Secret Staging Tips" title="Secret Staging Tips" />
Secret Staging Tips Buyers Will Love
Do you want all the people who come to the open house to feel like your space is the right size for his or her family? Of course, you do. Knowing the best ways to stage the most popular room for gathering and having long conversations can help you get top bids for your <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="Granbury homes for sale">homes for sale</a>.
Center your seating area in the room
Sofas and chairs do not have to sit along the wall. While open floor space is excellent for opening up a room, it is not always functional for times when your family wants to have a talk, divvy up chores, or play a board game. By putting couches, chairs, and loveseats in the middle, you can use a rug, decorations, and multi-purpose furniture to keep travel paths open.
Use symmetrical designs
Better Homes and Gardens says using pairs of items makes your room have a <a style="color: #0000ff;" href="https://www.bhg.com/decorating/storage/organization-basics/room-organization-tips/">sense of organization</a>. To accomplish this task, it works well when you pick a focal point.
Face furniture towards similar pieces to create a natural conversation zone. Then, use matching tables, decorations, and curtains to balance the design.
Use items with backs and seats only
Forbes says that tight spaces are easy to open up with couches and chairs with no arms. Picking furniture that is open gives larger families the room to climb over each other to get to a favorite spot, tickle younger members, or find room to stretch out during a long movie. Using these styles can make any room look and feel welcome at the showing.
Bring in the light
Opening the curtains is a simple and no-cost solution to creating a sense of spaciousness in your living room when staging. Additional light brightens up the room and makes it more inviting. If you have the <a style="color: #0000ff;" href="https://www.houselogic.com/remodel/windows-doors-and-floors/skylight-installation-costs-tips/">funds to add a skylight</a> in dark rooms, then you can create a more welcoming area that draws buyers into the room, and wanting to place a bid.
<img src="https://assets.site-static.com/userfiles/528/image/AdobeStock_95673818_opt_1.jpg" width="1200" height="750" />
Put footstools with L-shaped couches
Pairing an ottoman with a sofa that fits your space can appeal to families who want to envision themselves kicking back and watching a movie together. These footstools also provide additional seating. When you add these small seats to larger sofas, your open house guests can see a comfortable place to enjoy and relax.
Use furniture on the diagonal
Architectural Digest says to get creative with your staging. When you want the buyer to love a space, think about the way a hotel or spa might furnish the room. Putting couches and chairs on an angle breaks up awkward areas. Use the prime features of the room or home to create a feature. Place your sofa and decorations in a way that enhances these aesthetics to help buyers envision making their own life there.
Open tables make the room look bigger
When your room is really narrow, then tables with storage make little sense. In these cases, a stand with a tabletop and legs can make the room feel bigger. Minimal furniture in the center of the room can let light get through easier.
Homeowners can see that there is plenty of space to navigate the furniture and get comfy with a minimalist design. Glass tables, smaller items, and furniture placement can enhance skinny rooms. For instance, a set of end tables on each side of a loveseat might be better for a tiny living room than a massive coffee table in front of a long sofa.
Use tall, skinny furniture items
To <a style="color: #0000ff;" href="https://www.worldmarket.com/blog/style-and-function-in-small-multipurpose-space/">combine functionality and storage</a>, you can use the walls to free up floor space. A big bookcase can serve as CD space, and baskets can corral the endless remotes in your living space. Tall cabinets show off your favorite memorabilia without crowding the room.
Use your sofa to invite potential buyers to feel comfortable, and the rest of the furniture can double as storage. Wall-mounted televisions, electronics storage, and music or movie collections can easily fit in a shelving unit that fits on your wall.
You can even go floor to ceiling with this furniture if you want the seating area to get the most attention. Staging your homes for sale does not have to be difficult when you have a small living room.
Narrow spaces have a few challenges, but nothing using fewer creative furniture pieces cannot solve. When you want to <a style="color: #0000ff;" href="https://www.heathermurphygroup.com/sellers/8-steps-to-selling-your-home/" title="tips for selling">sell your home fast</a>, then staging can help you show off the best features in a way that is appealing, functional, and fitting for the space.
You can borrow or rent furniture instead of using your own. We hope our tips for staging a small living room helps you sell your property fast.
For more information about buying or selling a home in the Granbury, Tx area <a href="https://www.elevaterealtygroup.com/">contact your local Realtor</a>.2018-11-26T14:57:00-07:002020-01-03T22:54:22-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:51216 Tips For Home Buyers<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/home_buying_tips.jpg" width="900" height="576" style="display: block; margin-left: auto; margin-right: auto;" alt="real estate buying tips" title="real estate buying tips" />
6 Home Buying Tips for This Real Estate Market
While the prospect of becoming a <a href="https://www.durhamregionpropertysearch.com/blog/questions-buying-home/" target="_blank">homeowner</a> is exciting, navigating the current real estate market can be challenging. Even if you have purchased a home in the past, changes in the market quickly come and go. What may have worked in the past may not work in today's market. .
While the increase in home sales may seem promising for housing market investors, the news may not be quite as ideal for prospective buyers with modest means. With homes becoming harder and harder to find due to the booming sellers' market, the already difficult home-buying experience may be getting more demanding. However, that does not mean you should give up on your dream of owning a home. Stay ahead of the curve with the following tips about purchasing a new home in this real estate market.
Find a Trustworthy Real Estate agent
You do not have to go through the purchasing process on your own. An <a href="https://www.elevaterealtygroup.com/about/agents/" title="experienced real estate agents">experienced real estate agent</a> will be able to help you navigate the housing market and hone in on the homes that might be the best fit for your needs and requirements. Finding a reliable REALTOR® does not have to be a complicated ordeal.
During your first consultation with a prospective agent, do not hesitate to ask about his or her professional awards, current listings, years of experience, and knowledge about the local area. You can also ask for a list of <a href="https://www.elevaterealtygroup.com/about/testimonials/" title="realtor testimonials">references</a> from recent clients.
Be Realistic About Your Expectations
In a rising real estate market, properties that are listed have most likely been thoroughly picked over. If you are looking to <a href="https://www.cbsnews.com/media/how-to-find-hidden-gems-in-real-estate/" title="finding a hidden real estate gem">find a hidden gem</a> or an unbeatable bargain, you may end up feeling disappointed. Be open to investing in a fixer-upper or in a property that does not meet all of your current requirements. You'll always have time in the future to make the changes you want, and any upgrades you make may pay off big-time if you decide to place your house on the market later on.
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/getting_your_home_sold.jpg" width="499" height="373" style="display: block; margin-left: auto; margin-right: auto;" alt="getting your home sold" title="getting your home sold" />
Purchase When the Market Slows
During off-peak seasons, a seller's market tends to become more of a buyer's market. Consider purchasing a new home in the wintertime rather than the spring, which generally has <a href="https://www.elevaterealtygroup.com/blog/housing-demands-biggest-drop-in-2-years/" title="less demand for real estate">less demand</a>. Sellers may be more willing to negotiate with you, and you may be able to avoid stressful bidding wars with other prospects. Understanding <a href="https://www.elevaterealtygroup.com/blog/where-is-the-housing-market-going/" title="where is the real estate market going?">where the real estate market is going</a>, is extreemly important.
Invest in a Community with a Low Profile
Rather than attempting to purchase a new house in major metropolitan area, consider properties that are located in nearby communities with lower profiles. Smaller towns, such as <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="Granbury homes for sale">Granbury</a>, often have less housing market competition, and home prices tend to be lower because not as many potential buyers are coming through.
Get Pre-Approval for a Mortgage
Increase your likelihood of becoming a new homeowner by getting pre-approved for a mortgage loan. If you are pre-approved, you will have the backing of a lender expressing that you are qualified to borrow a certain amount of money at a designated interest rate.
With a pre-approval, you will more than likely get the home you want because of your credit-worthiness. Before beginning the pre-approval process, check your credit score and credit reports so you can address any problems that may influence the amount you qualify for in a loan.
Get Savvy About What you Read Online
It may be convenient to research <a href="https://www.movemeto.com/real-estate-for-sale.html" title="listings for sale">real estate listings for sale</a> on your laptop or cellphone, but do not assume that everything you see online is accurate. While there are plenty of reputable apps and sites that showcase current real estate listings, exercise caution whenever you stumble across information from an unknown source. In the same way you would be careful when making an online purchase from a site you have never heard of before, you should be skeptical of real estate "offers" that could be hidden scams.
Protect your wallet and your identity by avoiding these classic red flags:
• Listings asking for your personal information such as your birthday, Social Security Number or credit card.
• Offers that seem too urgent (e.g., "this price is only available for a limited time!”).
• Offers or listings from sellers or real estate agents who haven't provided valid contact information or are currently unavailable.
No matter what type of home you are in the market to purchase, use these tips to make the experience more productive and less complicated. With patience and persistence, your home purchasing journey can be a tremendous success.
2018-11-23T08:21:00-07:002021-08-11T08:46:06-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:5096Has Real Estate Blogging Gone Too Far?<img src="https://assets.site-static.com/userfiles/528/image/Has_Real_Estate_Blogging_Gone_Too_Far_.jpg" width="1200" height="629" alt="Has Real Estate Blogging Gone Too Far?" title="Has Real Estate Blogging Gone Too Far?" />
Blogging in Real estate
The real estate game has shifted and morphed over the years, heated and always moving. The unpredictability of the game can be largely attributed to the <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/how-self-driving-cars-will-affect-real-estate/">technological leaps and bounds</a> achieved in the last few decades.
These days, anyone that wishes to have a voice can get their word out with a few strokes of the keyboard and a click of the mouse. In 2018, information is plentiful and readily available. Unfortunately, it would appear that the surge in quantity has allow the writing quality as a whole to languish.
Saturation in real estate blogging has become a real problem, to the point that its long term effects have been felt in the market at large.
WHY IS IT LIKE THIS?
1. IT'S A FREE FOR ALL
The saturation in the <a style="color: #0000ff;" href="https://www.forbes.com/sites/robertadams/2017/03/09/is-this-the-future-of-real-estate-marketing/#536429a23782">real estate blogging market</a> is partially in part due to the fact that anyone and everyone can stick their digital foot in the door of this fine establishment. While it is great to know that accessibility is on the rise for this growing institution, it is an unfortunate fact that more and more articles written by people have little to no understanding of the intricacies of the field.
2. NOT ONLY THAT, NO ONE FACT CHECKS
As a further example of the consequences of the internet and online sphere being such a double-edged sword, there has been a disturbing lack of fact-checking and conformity to facts. This general disregard for well-researched information is supplemented by the propensity of the average consumer to seek literature that caters to their own inherent biases.
For example, an individual looking to <a href="https://www.elevaterealtygroup.com/sellers/">sell their home</a> for the first time may sift through thousands of well-founded articles advising temperance, only to act on the very first article of their liking that proves otherwise.
3. APATHY PART ONE: THOSE THAT WRITE
Another negative contribution to the saturation of the real estate blogging market as a whole is the presence of article mills. Article mills consist of rotating pools of clients and authors. Authors, a.k.a. “Those That Write”, may find the completion of the article more important than the content of it, being that time is money.
In a job where <a style="color: #0000ff;" href="https://www.smartpassiveincome.com/the-truth-about-quantity-vs-quality/">the quantity, as opposed to the quality</a>, is what garners the most profit in the shortest amount of time, facets of news such as the truth tend to fall to the wayside.
4. APATHY PART TWO: THOSE THAT WANT IT WRITTEN
One would think that any unsavory or uninformative content would be rejected by the clients. Unfortunately, this is not so. Most clients who request articles from freelance writers do so to fill quotas in their <a style="color: #0000ff;" href="https://en.wikipedia.org/wiki/Search_engine_optimization">SEO marketing</a> operatives.
While some clients to take pride in the content of each individual article, most are satisfied merely by taking a barely intelligible article with little more than key search words haphazardly thrown into the mix.
SO WHAT CAN BE DONE?
So why is a real estate agent eager to get his or her feet wet, to play a game filled with such an abundance of repetitive content and inaccuracies? The key to differentiating between the scum and the cream, the information and the fluff, lies within specification. It is a given that the average person visiting a real estate company's resources wants to buy a home or sell a home, but the reason they arrive in the first place requires a blind leap into the specifics.
A specific, informative article title will do wonders for increasing traffic and conversion to any real estate blog. For those completely in the dark, the following article titles are great examples of what NOT to use, and should be avoided at all costs.
1. HOW TO SELL A HOME
This is the first in a two-part of "hows". This first How has the potential to come off as offensive to both potential buyers and sellers. Even the most green and naive potential seller may take this article title as a mild affront, as the fact that they are looking for <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">house-selling advice</a> should not need to be said at this juncture. Veteran real estate agents may take a vague title like this as an insult to their intelligence, as well as an indicator that not enough time has been put into this article to make it of use.
2. HOW TO BUY A HOME
This How is a little more forgiving due to the target market audience in question, but should still be clarified to increase traffic and turnover. Articles such as these give casual readers the idea that the article within will be generalized and not as informative as they (especially if they're <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/buyers/">first time home buyers</a>) would like. It is a tall order to fit all of the logistics behind buying a home into one article. those like it should only be reserved for those most lacking in fundamental knowledge of the real estate game.
3. HOW TO DECORATE A HOUSE FOR SALES
Interior decorating can be a finicky science, one that is subject to many variables and calculations. While there is a considerably smaller amount of information to digest when it comes to <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/10-easy-ways-to-add-curb-appeal/">renovating a house for potential clients</a>, it is still not a matter that should be painted with a broad-brushed solution. As with any other facet of the real estate game, blogs about interior decoration should be catered to niches and subsets of society as best they can, so as to gain traction in the target market.
4. DON'T TALK TOO MUCH ABOUT THE REAL ESTATE AGENT
As an agent, it is one's goal to be personable and warm, something of a living extension of the house itself. However, one must be careful not to make the blog completely about the agent. This detracts from the point, reducing interest in readers. If you have questions, try talking to your local trusted real estate agent… and don’t believe everything you read.2018-11-12T12:50:00-07:002020-01-03T21:41:10-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4962Housing Demands Biggest Drop In 2 Years<img src="https://assets.site-static.com/userfiles/528/image/My_Post_82.jpg" width="1200" height="629" alt="Housing Demands Biggest Drop In 2 Years" title="Housing Demands Biggest Drop In 2 Years" />
Housing Demand Sees The Biggest Decline In 2 Years
The U.S. housing market has been a puzzle these last few years. Many urban centers, particularly metropolitan areas on both the East and West Coast, have seen drastic demand increases and tight supply, leading to <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/where-is-the-housing-market-going/">housing markets</a> as overheated as the housing bubble that predated The Great Recession.
Other urban areas, particularly in the Midwest, have seen small price increases, while smaller cities and rural areas outside the huge growth zones have been flat. The unevenness of the post-recession recovery seems to indicate that location has become a more primary driver of home prices than before.
Just comparing housing costs in high-flying places like San Francisco and Boston to low flyers like Atlanta bear out this hypothesis. Jobs and desirability play a role. Cities like Boston, Seattle, and San Francisco are uber popular and offer high-paying jobs. They also have limited room to grow. Cities like <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/hood-county/subdivisions/">Granbury's subdivisions</a> and Atlanta's subdivisions have bigger housing supplies and room to spread. They are also not the hotspots of the Millennial generation.
Housing Prices Rise Despite Market Headwinds
Still, the massive increases in housing costs in many urban areas defies logic. In hot markets, many a real estate agent have grown accustomed to seeing 10 to 15 offers on a single property. <a style="color: #0000ff;" href="https://www.daveramsey.com/blog/choose-the-best-offer-in-bidding-war">Bidding wars</a> are common in major metropolitan cities all across the nation.
All of this mania has been set against the backdrop of some serious housing headwinds. Many experts have long argued that the current home-price surge was bound to be curtailed by lack of affordability, rising mortgage rates, a lack of entry-level homes on the market, and rising student-loan debt. According to a <a href="https://www.cnbc.com/2018/08/01/housing-demand-sees-biggest-drop-in-more-than-2-years.html">recent report by CNBC</a>, they may just have been proven right.
Demand Falling in Overheated Areas
Data from Redfin shows that <a style="color: #0000ff;" href="http://press.redfin.com/news-releases/news-release-details/redfin-housing-demand-index-flattens-may-june?ID=2361277&c=252734&p=irol-newsArticle">housing demand fell</a> by 9.6 percent in a June, 2018 to June, 2017 comparison. This is the largest drop in demand since April, 2016. In the 15 major metropolitan areas covered in Redfin's index, requests for showings fell by 6.1 percent, while the number of offers per home fell by 15 percent.
With summer being the hottest time of year for real estate, these numbers indicate a weakness in demand for the year; however, prices continue to increase, so there is no indication of a market drop. Experts point to a strong economy and growing employment as support for the housing market. The declines in demand have been primarily concentrated in the overheated urban areas.
Other parts of the country are still seeing a rise in demand, even in urban areas.. Still, if you're trying to buy <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/with-land/">homes and land</a> in one of the hotter markets, you are still likely to encounter a bidding war. This is great news for those who are <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/blog/where-is-the-housing-market-going/">looking to sell a home</a>, though they may see the gains washed away if they want to buy another place in the same region.
According to Redfin, four of the six cities where buyers are most likely to encounter a bidding war are in California: Oakland, San Francisco, Fremont, and San Jose. The other two, Aurora, Colorado, and Seattle, Washington, are also greatly <a style="color: #0000ff;" href="https://www.forbes.com/sites/forbestechcouncil/2018/06/19/10-tech-trends-likely-to-have-a-major-impact-on-consumer-markets/#5054dd881f80">influenced by the Tech industry</a>. Aurora is known as the Silicon Valley of Colorado. Seattle is the long time home to Microsoft, and more recently, Amazon.
The Technology Housing Market: It's Complicated
Real estate in Technology markets have seen some of the most intense price increases in real estate history. Since 2016, average prices in these areas have increased a whopping 45 percent. Though much of this rise is driven by U.S. homebuyer demand and the city's tech sector and popularity, in some cases, foreign homebuyers have had a hand in this incredible market surge.
Many well-to-do overseas investors are buying U.S. real estate, partly because of a desire to send their children to U.S. universities. Seattle, which has a strong Asian culture, has also been the beneficiary of a 2016 Vancouver, BC policy.
The Canadian government slapped a <a style="color: #0000ff;" href="https://www.theguardian.com/world/2017/apr/20/toronto-foreign-tax-homes-housing-market-canada">15% tax on foreign real estate buyers</a> in Vancouver in an attempt to cool the city's overheating real estate market. Chinese buyers responded by buying in Seattle instead.
The U.S. real estate market's surge has been driven by many factors, including demand, the tech sector, and foreign buyers. Though demand is slacking off, prices remain high in many areas.
Experts debate whether this means a pause in an ongoing trend or the end of an unsustainable mania.
For more information about housing prices in your area, <a style="color: #0000ff;" href="https://www.elevaterealtygroup.com/about/agents/">contact a local real estate agent</a>.
An experienced Realtor can provide you with information on where the best buys are, and if you’re in the market for one, where the highest priced homes in town can be found.2018-10-22T12:20:00-07:002020-01-03T21:56:55-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4886Where Is The Housing Market Going?<img src="https://assets.site-static.com/userfiles/528/image/My_Post_69.jpg" width="1200" height="629" />
Housing Demand Sees Biggest Drop in 2 Years
The U.S. housing market has been a puzzle these last few years. Many urban centers, particularly metropolitan areas on both the East and West Coast, have seen drastic demand increases and tight supply, leading to housing markets as overheated as the housing bubble that predated The Great Recession.
Other urban areas, particularly in the Midwest, <a href="https://northendhomesearch.com/" title="Boise NorthEnd">such as Boise </a>have seen small price increases, while smaller cities and rural areas outside the huge growth zones have been flat. The unevenness of the post-recession recovery seems to indicate that location has become a more primary driver of home prices than before.
Just comparing housing costs in high-flying places like San Francisco and Boston to low flyers like Atlanta bear out this hypothesis. Jobs and desirability play a role. Cities like Boston, Seattle, and San Francisco are uber-popular and offer high-paying jobs. They also have limited room to grow. Cities like <a href="https://www.elevaterealtygroup.com/blog/things-to-do-in-granbury-tx/">Granbury, Texas</a> and Atlanta, Georgia have bigger housing supplies and room to spread.
Housing Prices Rise Despite Market Headwinds
Still, the massive increases in housing costs in many urban areas defies logic. In hot markets, many a real estate agent have grown accustomed to seeing 10 to 15 offers on a single property. <a href="https://www.cnbc.com/2018/04/10/house-hunting-heres-how-to-win-a-bidding-war.html">Bidding wars</a> are common in major metropolitan cities all across the nation.
All of this mania has been set against the backdrop of some serious housing headwinds. Many experts have long argued that the current home-price surge was bound to be curtailed by lack of affordability, rising mortgage rates, a lack of entry-level homes on the market, and rising student-loan debt.
According to a recent <a href="https://www.curbed.com/2018/8/2/17632180/housing-market-slowing-down-2018">report by CNBC</a>, they may just have been proven right.
Demand Falling in Overheated Areas
Data from Redfin shows that housing demand fell by 9.6 percent in a June, 2018 to June, 2017 comparison. This is the largest drop in demand since April, 2016. In the 15 major metropolitan areas covered in Redfin's index, requests for showings fell by 6.1 percent, while the number of offers per home fell by 15 percent.
With summer being the <a href="https://www.redfin.com/blog/2016/09/demand-strenthened-again-in-august-putting-some-wind-in-the-markets-sail-heading-into-fall.html">hottest time of year for real estate</a>, these numbers indicate a weakness in demand for the year; however, prices continue to increase, so there is no indication of a market drop. Experts point to a strong economy and growing employment as support for the housing market.
The declines in demand have been primarily concentrated in the overheated urban areas. Other parts of the country are still seeing a rise in demand, even in urban areas.. Still, if you try to buy a home in one of the hotter markets, you are still likely to encounter a bidding war.
This is great news for those who <a href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">want to sell a home</a>, though they may see the gains washed away if they want to buy another place in the same region. According to Redfin, four of the six cities where buyers are most likely to encounter a bidding war are in California: Oakland, San Francisco, Fremont, and San Jose.
The other two, Aurora, Colorado, and Seattle, Washington, are also greatly <a href="https://www.elevaterealtygroup.com/blog/how-self-driving-cars-will-affect-real-estate/">affected by the Tech industry</a>. Aurora is known as the Silicon Valley of Colorado. Seattle is the long time home to Microsoft, and more recently, Amazon.
The Technology Housing Market: It's Complicated
Real estate in Technology markets have seen some of the most intense price increases in real estate history. Since 2016, average prices in these areas have increased a whopping 45 percent. Though much of this rise is driven by U.S. homebuyer demand and the city's tech sector and popularity, in some cases, foreign homebuyers have had a hand in this incredible market surge.
Many well-to-do overseas <a href="https://www.forbes.com/sites/forbesrealestatecouncil/2018/05/30/why-foreign-investors-love-u-s-commercial-real-estate-and-why-more-will-follow/#555ccb573509">investors are buying U.S. real estate</a>, partly because of a desire to send their children to U.S. universities. Seattle, which has a strong Asian culture, has also been the beneficiary of a 2016 Vancouver, BC policy.
The Canadian government slapped a 25 percent tax on foreign real estate buyers in Vancouver in an attempt to cool the city's overheating real estate market. Chinese buyers responded by buying in Seattle instead.
The U.S. real estate market's surge has been driven by many factors, including demand, <a href="https://www.elevaterealtygroup.com/blog/blockchain-coming-soon-to-real-estate/">blockchain technology</a>, and foreign buyers. Though demand is slacking off, prices remain high in many areas. Experts debate whether this means a pause in an ongoing trend or the end of an unsustainable mania.
For more information about housing prices in your area, get in touch with a local trusted real estate professional.
An <a href="https://www.elevaterealtygroup.com/">experienced local Realtor</a> can provide you with information on where the best buys are, and if you’re in the market for one, where the highest priced homes in town can be found.2018-10-05T16:53:00-07:002020-01-03T23:58:02-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4811Bathroom Tile Designs of 2018<img src="https://assets.site-static.com/userfiles/528/image/My_Post_57.jpg" width="1200" height="629" />
Popular Tile Designs of 2018
Do you have a home you’re <a href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">thinking of selling</a>? Are you an investor who buys properties and remodels them to provide better options for homebuyers? One way that you can make sure that your home is attractive to potential buyers is to add a fashionable design in the bathroom or kitchen.
Since the kitchen is more expensive to renovate, it makes more sense to upgrade the bathroom when you are planning to resell the property. We found five trending bathroom styles that you may want to consider using to boost interest and possibly spark a bidding war for your next home for sale.
Antique Bathrooms Create Appeal For All Ages
To figure out the tile that will work the best in your bathroom, you may want to consider the fixtures and accessories that you will put in the design. For instance, if you plan to add a cast iron tub, then you want something that will complement the main feature.
Since the tub is a solid color, you can choose a bold tile pattern like a bright, daisy mosaic on the floor to give the room great appeal. Thin, horizontal accent tiles that line the shower are a popular retro choice. Any handmade tile is especially useful in vintage designs because each piece looks worn and old even though it is new.
<a href="https://www.bhg.com/bathroom/decorating/bathrooms-with-vintage-style/?slideId=slide_c4fd6d60-caf0-43e9-bc56-413ad2e3a326#slide_c4fd6d60-caf0-43e9-bc56-413ad2e3a326">Subway tile</a> is a classic choice that will work whether you want a white or black grout. For a more refined look, you can go with a beveled tile. To create a dramatic effect, you can use a dark gray or black subway tile and go with light trim.
Rustic Is A Favorite Style In Homes
Buyers appreciate the time and care that a property owner puts into shabby chic bathroom designs. Your <a href="https://www.elevaterealtygroup.com">local Realtor</a> can give you pointers for choosing the best accessories. Some of the most popular elements include wood, <a href="https://www.bhg.com/bathroom/decorating/rustic-bathroom-ideas/">rough textures</a>, and natural materials like bamboo and cork.
Stone is another item that will add rustic charm to your home for sale. You can choose to use live edge design with an uncut vanity top to create a focal point that will ensure open house guests remember your home. A unique <a href="https://www.elevaterealtygroup.com/blog/looking-back-100-years/">a</a><a href="https://www.elevaterealtygroup.com/blog/looking-back-100-years/">rchitecture & </a><a href="https://www.elevaterealtygroup.com/blog/looking-back-100-years/">design</a> may be the feature that sells your property for the full asking price.
Suave Gray Tones Look Beautiful In Homes
All real estate agents can tell you how well a sophisticated bathroom design goes over during a home showing. When you want to keep a neutral style, but you still want your bathroom to wow potential buyers, then going with gray will not steer you wrong.
You can mix and match dark and light tones to frame out the room, add some extra character, or define a particular space. We know that this <a href="https://www.houzz.com/ideabooks/111042187?utm_source=Houzz&utm_campaign=u8459&utm_medium=email&utm_content=gallery0&newsletterId=8459">Carrera marble tile</a> is a bit much for a resale, but you can get an idea of how striking you can make a bathroom with a beautiful design feature.
By placing the tile in a herringbone or Chevron pattern, you can create appeal with any flooring material. Little differences like these can be what gets buyers to put in an offer on your home and not on other homes for sale.
A Spa Makeover Can Help You Create A Stunning Design
If you have a multi family home that you want to use for rental units, then creating a soothing and welcoming area for relaxation can help you appeal to your target audience. For instance, a large soaking bath, a community hot tub, or a luxurious sauna can be an enticing feature that makes your units the most appealing in the neighborhood.
In a home for sale with a master bath, you could install a massive shower head, a beautiful bench in the bathroom, huge vanity with a mosaic tile backsplash, or even a waterproof radio or television. Little perks can turn into huge incentives when you are working in a competitive property market.
Any upgrade that helps a buyer feel like your home has a space where he or she can relax and unwind at the end of the day will be a bonus on home shopper's lists.
How To Stay Within Your Budget
It is super easy to go overboard when you are looking at upgrades to add to the homes you are selling. One way to minimize costs and make the bathroom look clean and fresh is to add a fresh coat of paint and a new bead of caulk around all the fixtures. Adding a double vanity is a huge incentive for buyers because two people can get ready at the same time.
When you have a busy family that all get ready together, dual sinks in the master bedroom are a big time saver. Plus, everyone will get going on the right foot because no one had to rush and fight to get ready on time. Consider heated floors when you want to wow potential buyers.
<a href="http://time.com/money/4672413/bathroom-remodel-budget-renovation/">Time</a> says that you can add this upgrade for somewhere between $500 and $1,000. Who does not want to wake up and find a nice, warm floor when getting into or out of the shower on a chilly morning? Plus, heated floors often make the room warmer allowing new buyers to keep the temperature down saving money overall.
When you choose common paint colors, you are likely to find these items at the lowest price. Custom hues are more expensive, harder to find, and limit the audience your home reaches. Neutral tones are the best option except when you are looking at your feature. For instance, mosaic tiles are often black or bright colors with blues, greens, or reds.
When you use these options as accents, then you get the most appeal without spending a fortune. You can use a few tiles to fill in a shelf or to make a border on the floor of the shower. By using a single color with these accents, you can save money and create a stunning feature that appeals to buyers of all ages.
We hope that these five bathroom styles will give you tons of ideas for transforming your next home sale. The goal is to make your home more appealing than the other guy’s. Spending a little extra on the accents will offer more bang for the buyer's buck.2018-09-20T12:46:00-07:002020-01-03T17:14:52-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4768Maintenance Tips Before Winter Hits<img src="https://assets.site-static.com/userfiles/528/image/My_Post_44.jpg" width="1200" height="629" />
Before Winter: Home Maintenance Tips
When you own a home, you know that there is a certain amount of work that you will do during the year to keep the property in shape and safe. Whether you replace a frozen water pipe, fix a leaky roof, or replace broken siding, everything you do will help you keep the current value of your property.
Staying in your house or <a href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">prepping your home to sell</a> will not affect your maintenance schedule. We talk about six of the most critical home checks and repair tips you may want to add to your home maintenance to-do list
Check and repair your sprinkler system
This should be at the top of your list for maintenance before winter arrives. Walk the yard and check any visible part of the system making sure that the valve heads are upright, free of debris, and without damage.
Then, <a href="http://www.waterwisesb.org/sprinkler.wwsb">inspect your watering mechanisms</a> by using the manual valves to turn on the sprinkler heads one by one. Brush out any sprinkler that has a clog. Check the timers and be sure that the water is reaching the areas you want it to get.
For issues like ponding or problems with even pressure, you may need to contact your sprinkler installer to check for underground damage.
Block out the heat to reduce energy costs
Since the summer months can get extremely expensive when you count in water charges to fill the pool, run the sprinklers, and cool the house, it is important to seal up everything you can. For example, windows and doors may need new weatherstripping, especially if you had a harsh winter or extremely wet spring.
Blackout curtains are incredible for keeping the sun from heating up your house. Dual-lined drapes with the white vinyl are other excellent options for holding out the heat and reflecting the sunlight.
Inspect and spray for pests
Before the first winter freeze, most insects are still out and about. If you have any issues with pests, they may already have your attention, but there are a host of pest problems that can’t be properly identified without going on a thorough search.
Do you have a grasp on any potential bug issues such as hibernating insects or burrowing pests? Unless you are an expert at finding pests like termites, you might want to <a href="https://www.angieslist.com/articles/how-much-does-pest-control-service-cost.htm">consider hiring a bug control expert</a> to check your home to make sure there are no problems.
It is better to know early, before these tiny critters cause major damage to your home or property. With a regular pest prevention routine, your exterminator can help you ward off any problems with insects and invasive pests before they try to enter your home.
An ounce of prevention is worth every penny of the price when it comes to keeping mice, roaches, termites, and spiders out of your house.
Fix all roof and gutter issues to keep your house dry
Even when your <a href="https://www.elevaterealtygroup.com/blog/looking-back-100-years/">families home</a> is in top shape, a small leak can become disastrous for your foundation. When your gutter has a crack or a shingle is loose, water can get into the home.
Puddles against the foundation can cause slab leaks and trouble with mold and mildew. A tiny crack in the protective barrier under your shingles can let condensation reach the sheeting and beams that hold up your roof.
Moisture control is always a top maintenance concern when owning a home. Some signs of wetness issues include sticking doors, sagging walls or ceilings, visible staining, flaking or peeling paint, stair-step cracks in the basement, uneven cabinets, and visible mold.
When you see any of these signs, it is vital to <a href="https://www.familyhandyman.com/roof/hints-for-fixing-roof-and-gutter-issues/view-all/">find the source of the problem and remedy the situation</a> quickly to prevent the issue from spreading and becoming a bigger problem. When moisture is left unchecked, it can quickly turn into a disaster that can be much more extensive and expensive to fix.
Weed, mow, trim, and remove excess plant debris
<a href="https://www.elevaterealtygroup.com/blog/10-easy-ways-to-add-curb-appeal/">Curb appeal is more than a tool</a> to sell family homes. Upgrading and keeping your yard free of weeds not only looks good, but it helps to prevent water from pooling in your yard, insects spawning in wet areas, and tree roots away from encroaching on your slab.
June Bugs lay their eggs in the lawn, and their larvae are voracious eaters of your grass roots. If you notice thinning grass, you may not only want to consider standard lawn fertilizer, but also a lawn pesticide to prevent an infestation from happening.
By covering or removing exposed tree roots, you can reduce trip hazards that you may not notice in the winter, particularly if you live in an area that gets snow. Remove any overgrowth and clear paths to and around your house.
Fix any issues with concrete, siding, and fences to maintain safety
Speaking of security, it’s always a good idea to inspect your pathways and the boundaries of your property. If your fence needs securing, then summer or fall is the best time to take care of these repairs.
If your driveway is cracked, cold winter temperatures can cause shifting and trip hazards. By fixing these issues in the warmer months, you can avoid making repairs in the winter, and potentially deter a disaster.
Your siding can let ice get to the insulation and other layers of your house if it has cracks or holes. If you have pieces of leftover siding, you can use a pair of tin snips to trim a replacement slat to size. Work from the bottom up for the best results.
With regular care, you can minimize damage to your property and home contents. Maintenance is a crucial chore that you can outsource or save yourself the money and do the work, but it is a necessary part of home ownership and keeping equity in your property.
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// ]]>2018-09-05T17:05:00-07:002020-01-03T22:47:22-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4684Looking Back 100 Years<img src="https://assets.site-static.com/userfiles/528/image/My_Post_27.jpg" width="1200" height="629" />
Architecture & Design Of Single Family Housing
Single family home ownership has been part of the American heritage for over 100 years. Prior to the early 1900s, it was not unusual to find multiple families living under one roof. But, as America began to flourish, the ability to buy a home, the need for comfort and individuality brought a host of new home designs for one family housing.
46.5% of Americans owned their own homes in 1900. This number had risen to 53% by 1950. Today, it is estimated that nearly 63% of all Americans are homeowners. This percent when continue to rise as new real estate technology allows for more modern, efficient, and affordable homes with <a href="https://www.elevaterealtygroup.com/blog/blockchain-coming-soon-to-real-estate/">new ways of purchasing</a> them. Here is a snapshot of how the architecture and design of homes has evolved in the past 100 years.
1900-1920
By the beginning of the 20th century, Americans had started to create their own designs of single family housing, apart from the imported Greek, Roman and other historical styles with their rectangular shape, gabled roofs and columns. Craftsman style bungalows with large front porches, dormers and low pitched roofs that covered 1-1 1/2 stories.
Simple bungalows lacked the exterior exposed wood and were not as defined in detail, but became popular as low-cost quality housing. There were still plenty of Victorian homes going up, mostly in southern states. Areas like Savannah, Georgia and Birmingham, Alabama were still being built, but on a much smaller scale than before. Farmhouses in rural areas often borrowed <a href="https://en.wikipedia.org/wiki/Victorian_architecture">architecture from the Victorian era</a>, but were more subdued in design.
1920-1940
Colonial Revival designs started appearing in the 1920s with a mixture of styles. The roof forms no longer resembled the Victorian-style, but had different unique all-American designs. Gabled, hipped, and gambrel styles were featured and gave each home a distinct architectural design of its own. Spanish Colonials were also common to see in the 1930s with stucco exteriors and limited exterior ornaments.
The Cape Cod design became quite popular during World War II and offered an affordable and attractive alternative to starter families. Entire streets could be lined with this design that featured windows flanking the front door, dormer windows up top and cedar shingles. Tudor Revivals were also seen in various sizes. It is believed that many of the Revival designs formulated from the 1893 Chicago World's Fair exhibitions where different European styles were explored and interpreted in creative ways.
1940-1960
While Cape Cods and mini Tudors continued to be a hot item in housing, the era of Modern and Ranch Style structures became popular. The great depression was over and recipients of the GI bill from returning World War II made housing available for the taking to veterans. Simple single family homes were being placed on large tracts of ground in a circle.
This new concept came to be known as suburbia and featured ranch-style and two-story colonial types. First time home-buyers of the Baby Boomer area ate up this concept with housing that offered 3 bedrooms and 1 1/2-2 baths for a growing family. The one level design was modern and sleek and represented the fast-rising economic boom.
Architects that were recovering from the poor building times were working overtime in coming up with unique plans that could produce a new trend. A-Frames, Dome Homes and pre-fab modern homes were tried, most of which never took off. <a href="https://franklloydwright.org/">Frank Lloyd Wright</a> designed the Usonian house based on his Prairie-style model. Low, one story and long, the idea was popular among couples looking for unique and ultra-modern. However, the flat roofs and high cost to build, left many looking at less expensive options.
1960-1980
Contemporary styles and split-level homes were part of the growing <a href="http://businesswest.com/blog/open-space-sustainability-among-the-top-trends-in-house-design/">trend of open spaces</a> and geometric designs during this pop-culture era. Ranches were still among the most popular, but there were new twists in features to highlight the exterior. Mixed brick and siding, more plate glass, and build-on carports added a little extra dimension to these homes. L-shaped ranch houses began popping up as well as mid-century modern models with little or no roof slant.
Log homes started making a comeback from the 17th century, only with full insulation and drywall for comfort. Townhouses with 2 stories were extremely popular in urban areas as we neared the 1980s. Retirees that had been in larger homes while raising families, found that the casual style with no yard work was very appealing. Young couples also found this option attractive, freeing up time for sports, concerts and having fun after work.
1980-2000
Grand-looking brick mini mansions with multiple roof peaks and distinctive columns made most trendy ranches look tired and boring. However, these homes were not cheap to build and they were mainly built by the wealthy.
Square footage depended on the amount needed and countless amenities, like indoor pools or a solarium made each one custom and expensive. A real estate agent that worked with customers in the $200,000 price range was usually contacted for these type of listings.
This time period was also representative of different types of new building materials that were used in making a plain modern or ranch home look more costly. Sometimes a mixture of 2 different styles would be used to create a different look.
2000 to present
Green building began to be on everyone's mind and extreme craftsmanship followed close behind. Many of the past designs have continued to be favorites among builders. All types of Colonial, ranch, farmhouse and bungalow are among the different designs that homeowners are seeking.
Cabin type and Adobe are also popular, especially in the Western states. With hundreds of products to choose from for exterior materials, almost any color or custom work can be done. While simple and green are the passions of today, there are still those that appreciate a lavish look with French Country or bold European.
Over the next 100 years we will see an amazing amount of new styles, technology, designs, and trends that will <a href="https://www.elevaterealtygroup.com/blog/how-self-driving-cars-will-affect-real-estate/">affect the world we live in</a>. The past 100 years has given us much variety in design and style. We have the ability to create almost anything from looking at how our ancestors lived.
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// ]]>2018-08-20T13:32:00-07:002020-01-03T22:45:14-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4659Blockchain: Coming Soon To Real Estate<img src="https://assets.site-static.com/userfiles/528/image/My_Post_12.jpg" width="1200" height="629" />
Coming Soon to Real Estate Near You: Blockchain!
Blockchain technology is one of the hottest topics in the business world today. While many consumers are familiar with cryptocurrency, they may be less familiar with blockchain's other applications. As a distributed, secure, and open ledger, blockchain can change the way we do business in any industry. Blockchain has several features that make it a particularly strong fit for the real estate industry, especially regarding title examination and recording.
TITLE EXAMINATION
When you buy a home, <a href="https://www.elevaterealtygroup.com">your Realtor </a>will work with a title company to ensure that you receive a clear title. The first step in this is a title examination. The title company will search the county <a href="https://en.wikipedia.org/wiki/Recorder_of_deeds">Recorder of Deeds</a>' records for records pertinent to the property you're purchasing. They will verify that the current owner has a clear title, and will identify any existing liens (such as mortgages, HOA dues, or property taxes) that need to be satisfied before a clear title can be transferred to the new owner, as well as identifying rights of third parties to the property (such as easements for utility lines). This is a time-consuming process, with a large potential for costly errors. The records are often incorrectly indexed, and often require use of a patchwork of various databases. Documents can go missing or copies can be destroyed. Fraud is a common problem; the FBI has referred to mortgage fraud as one of the fastest growing sectors of white collar crime. Real estate technology, particularly in the area of title examination, has certainly come a long way in the information age, but ultimately, real property records are maintained the same way today as they were in the colonial era.
BLOCKCHAIN TITLE TRANSFERS
Blockchain presents a great opportunity to revolutionize this area of real estate technology. Blockchain transactions are transparent; the ledger is distributed so that any transaction can be validated. This could be a boon to title companies. Misindexed or missing recorded documents, for example, could easily be identified via the blockchain's distributed ledger. The same transparency also provides an insurance against fraud—if anyone claims to hold a clear title to a piece of property, this can be accurately validated in moments, rather than requiring someone to conduct a lengthy title examination. In addition to transparency and security, blockchain allows for smart contracts. These are contracts embedded in the code of the blockchain, which execute automatically when their conditions are fulfilled. This has the potential to greatly reduce errors in recording and examination of titles. For example, when you buy a home and finish paying off your mortgage, the bank is required to send a satisfaction of the mortgage to the county Recorder of Deeds, so that the lien will no longer appear on the title to your property. Sometimes these satisfactions are not sent, or are sent and improperly recorded, meaning that the lien remains on title. This can cause headaches for the buyer, seller, and <a href="https://www.google.com/maps/place/Elevate+Realty+Group/@32.4539414,-97.7340128,15z/data=!4m5!3m4!1s0x0:0x1883cc123c984737!8m2!3d32.4539414!4d-97.7340128">real estate agent</a> alike at the time of sale, since the issue must be corrected before the property can change hands. Smart contracts can eliminate this problem. There will be no need for the lender to send a satisfaction; the contract will automatically execute the satisfaction upon fulfilment of the last payment. The same could be used to transfer a property to a buyer who's purchasing a home under a rent-to-own or other installment payment as well. The technology could even be used to distribute property to heirs of an estate.
REAL WORLD EXAMPLES
There have been several pilot programs for this real estate technology. The government of Sweden, for example, has been experimenting with blockchain for real estate title transfers, and has found it to be successful. <a href="https://qz.com/947064/sweden-is-turning-a-blockchain-powered-land-registry-into-a-reality/">Sweden's real estate title registry</a>, the Lantmäteriet, has estimated that it can save over $106 million annually by converting to a paperless blockchain registry. Here in the US, the first pilot program for blockchain title transfers was conducted in Cook County, Illinois, over an eight-month period in 2016 and 2017. The results were a success; they've established that blockchain can be used to record real estate title transfers accurately, safely, and in compliance with applicable laws. The pilot program also demonstrated that using blockchain rather than paper deeds reduces the possibility of fraud, because the evidence of the property title transfer can be embedded in the transaction record.
THE FUTURE
The use of <a href="https://www.forbes.com/sites/forbesagencycouncil/2018/04/05/what-is-blockchain-and-what-can-businesses-benefit-from-it/#76120e39675f">blockchain for real estate</a> title examinations may make it easier for individuals to buy and sell fractional interests in a piece of property. If a large group of people purchase a piece of property together and convey their interests separately, the examination of these records can be quite cumbersome and very prone to errors. This is one reason lenders are generally hesitant to make a loan against a fractional interest in a property; the confusing chains of title make defects more likely. With <a href="https://en.wikipedia.org/wiki/Blockchain">blockchain technology</a>, this problem becomes trivial. This may lead lenders to be more willing to loan against fractional interests in a property, due to a reduction of risk. Because the Cook County experiment has been successful, other county governments will likely begin similar trial programs. Blockchain will likely become a common technology, along with may <a href="https://www.elevaterealtygroup.com/blog/how-self-driving-cars-will-affect-real-estate/">other technology's affecting real estate</a>.
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// ]]>2018-08-03T13:01:00-07:002020-01-03T17:15:40-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4599How Self Driving Cars Will Affect Real Estate<img src="https://assets.site-static.com/userfiles/528/image/AdobeStock_162993175_opt.jpg" width="942" height="628" />
The future of real estate and what self driving cars have to do with it
Everyone is affected by the real estate market in one way or another. It’s something we all should understand. Everyone needs a place to live. Many people will buy a home. Others will invest in real estate as part of their fiscal portfolio. Some people may specialize in commercial real estate while others focus on the residential real estate market. In any case, most people pay close attention to the real estate market. Understanding the factors that may be influencing the housing and commercial real estate markets at any given moment, as a real estate agent can tell you, is crucial. People need to know housing values in case they need to move and need to <a href="https://www.elevaterealtygroup.com/blog/six-tips-for-preparing-to-sell-your-home/">prepare to sell their home</a> quickly. Investors also need to know what factors may influence the housing markets as they rent properties, <a href="https://www.elevaterealtygroup.com/buyers/">buy a home</a> or make improvements to their existing portfolio of properties.
Location Has Been Highly Important
Traditionally, many factors have influenced the price and desirability of any given piece of property. In general, the most important factor of all is that of the property's location. Real estate agents tell clients that everything can be changed <a href="https://www.thebalance.com/what-location-means-in-real-estate-1798766">but the property's location</a>. The location has been traditionally the single most important factor when it comes to setting a price. A good location is usually located in an upscale neighborhood with lots of amenities. The good location will typically include easy access to many transport networks, public parks and an area with a low crime rate. A less than desirable location is usually one that has certain kinds of drawbacks. The location may be adjacent to a busy city, located in a relatively high crime area or be one that does not have good schools or scenic views as a real estate agent can tell their clients.
The Dawn of Driverless Cars
While location has been the driving force in the real estate market, people believe this may be changing. One of the newest factors that may influence the price and desirability of any <a href="https://www.elevaterealtygroup.com/weatherford/">houses for sale</a> may that of the <a href="https://economictimes.indiatimes.com/industry/auto/cars-uvs/from-prototypes-to-mishaps-heres-all-you-should-know-about-driverless-cars/articleshow/63445045.cms">potential for driverless cars</a>. Driverless cars have long been a dream of tech buffs. This new real estate technology holds great promise in many ways. Such cars offer many advantages of conventional cars. They will probably be safer than standard automobiles and easier to use. Such cars are very much in development today. Prototypes have shown great promise. These cars can help reduce traffic, decrease commuting times and avoid accidents. Relying on computer technology has the potential to vastly revolutionize the entire automotive industry. While these cars may affect many areas of life in the world, they have the potential to entirely reshape the entire real estate market.
Changing the Real Estate Markets
Over time, certain places have emerged as centers of commercial and industry. Cities like <a href="https://www.newscientist.com/article/mg23030732-600-london-to-see-fleet-of-driverless-cars-on-public-roads-this-year/">London could be set</a> for driverless cars and are highly sought after destinations. People have lived here for centuries. In the modern era, they've also made their homes in the area surrounding London. Many in the greater London area have learned to endure long commutes to the center of the city in order to enjoy high paying jobs and better educational and economic opportunities for themselves and their children. Like so many other cities, the prices of real estate in London have continued to climb. Places where people want to live and work are places that traditionally have high real estate costs. However, this new development may change all that. It may not only change the real estate markets in London and other big cities but in much of the United Kingdom and other highly developed, modern day countries that have relied on the car as a method of transport. These new cars may profoundly change the way people view the desirability of a London location.
Getting in and Going
For many residents of the suburbs, one of the chief advantages of living in suburbia is that such places are close to many areas. In many instances, all people need to do to head to work is walk to a subway station. Areas within a quick commute to London and a metro station have traditionally been highly valued in the real estate market. These areas tend to have housing and other real estate that sells at a premium. The new cars mean that anyone can now simply hop in and not worry about traffic. No need to head for the nearest public transport. No need to spend hours behind other cars each day. The new cars make it possible for people to locate the best route to their destination and use it. They also make it possible for people to relax in the car without the need to spend hours paying attention to the road. Consequently, this may decrease the value of a home near a local subway station. It may also decrease the value of homes in the center of the city. As people have more access to easy transport, the value of homes that allow for a shorter commute may dissipate.
Changing Landscape In Other Areas
Many large retailers have set up hubs in a specific area. The goal is make it possible to easily transport goods from a single location of the rest of the region. This means that cars and trucks are no longer subject to the need for a break. Instead, they can go for longer periods. This means that large retailers may have the option of spreading out their central locations. Companies could choose to build up areas that are much less expensive. <a href="https://www.google.com/maps/place/Elevate+Realty+Group/@32.4539414,-97.7340128,15z/data=!4m5!3m4!1s0x0:0x1883cc123c984737!8m2!3d32.4539414!4d-97.7340128">Real estate agents</a> look to the United States and see that many towns have devoted facilities to feeding and caring for long distance drivers. This could change if trucks are driven by machines rather than people. Machines have no need to visit a fast food food restaurant. They're certainly not interested in local scenery and other attractions. Locations that were part of this network of service may fare poorly as driverless cars continue to emerge.
Other Types of Transformation
In areas where the pedestrian has traditionally been king, this may also change as driverless cars come on the market and become increasingly affordable and more widely used. Streets will be safer and the sidewalk may finally fade. It's clear that the full effects of the driverless cars industry are not yet apparent. As real estate technology continues to evolve and improve, many areas of modern life will be affected.
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// ]]>2018-07-12T18:30:00-07:002020-01-03T22:30:41-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:4499Six Tips For Preparing To Sell Your Home<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/6_simple_tips.png" width="1200" height="628" alt="6 tips for preparing your home to sell" title="6 tips for preparing your home to sell" />
Six Simple Tips for Preparing to Sell Your Home
We've all seen the Real Estate TV shows with potential buyers walking through picture-perfect <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/">homes for sale</a>, critiquing every corner. This isn't just scripted TV episodes -- nowadays with HGTV and Pinterest lingering in the back of their minds, buyers really do expect a home to meet their standards in every sense of the word. Preparing for your house to be sold can seem like an insurmountable task, but if you tackle each goal one by one, you'll have a show-ready home in no time flat!
Remove Clutter
The first step to preparing your home to put on the Real Estate market is cleaning up and decluttering. Now is the time to purge if you plan on doing so. Making boxes for donations is a great way to clear your house of unwanted items.
If you don't plan to purge, consider getting an <a href="https://www.silverstonestoragellc.com/" title="mini storage ">off-site storage unit</a> to store unneeded items while you're showing your house. If you have kids, this part can be tough since kids, especially babies and toddlers, have a lot of big toys and equipment. Make smart decisions on what to store, donate, and keep out.
It may be best to do this while your children are away from the home with a sitter or at school. Be sure to keep their absolute favorites, though. Buyers are usually understanding when they realize that kids live in the home.
Don't forget to clean all countertops off in the kitchen and the bathrooms. If you have various items that you use frequently, like toothbrushes and toothpaste, make a basket to go underneath the sink that you can store neatly when your home is showing. The less clutter in your home during showings, the better.
Remember Decor
Having nice furniture and decor goes a long way. You may think that buyers can look beyond possessions in the home, but the truth is, buyers get a <a href="https://www.realtor.com/advice/sell/make-fantastic-first-impression-selling-home/">first impression</a> as soon as they walk through the door. Inviting, updated decor gives a feeling of cleanliness and upkeep. If you don't have nice decor and you're on a budget, consider going to a discount store and buying inexpensive throw pillows, faux greenery, simple table centerpieces, and other small items to make your home seem more inviting. If you already have beautiful decor, just use what you've got! Another option is <a href="https://www.elevaterealtygroup.com/blog/staging-your-home-for-sale/">home staging</a>. These companies come in and stage your home with their furniture and decor for a price. Typically, these <a href="http://www.realestatestagingassociation.com/content.aspx?page_id=1770">staging companies</a> hire designers or decorators to make your home look as appealing as possible. Home staging is worth looking into if your furniture and decor are outdated, or if you plan on moving out before you list.
Clean, Clean, Clean!
Selling a house requires a lot of cleaning. The biggest mistake a seller can make is to show a dirty home. You'll want to deep clean your house from top to bottom before you're ready to sell. That means cleaning baseboards, the inside of the pantry, window sills, fan blades, the insides of drawers, scrubbing grimy bathtubs, and more. Try to choose cleaners that smell fresh, but not overbearing. It is often a wise choice to hire a cleaning service for this task. It is often a wise choice to hire a professional <a href="https://prohousekeepers.com/city/austin/">cleaning service</a> for this chore.
Remove Pets
As sad as this sounds, Fido may need to find temporary housing with a friend or relative while you're preparing your home to be sold. Dogs, cats, and birds are wonderful -- but not when you're selling a house. Pet odors and fur are hard to get rid of without removing the pet temporarily. If this isn't an option, be sure to bathe your pet and keep his area as clean as possible, and consider blocking an area off just for your pet.
If it's Broken, Fix it
Buyers who notice small issues and may begin to wonder if there are larger issues lurking, even if that is not true. If you know something is broken, fix it preemptively before a buyer tries to negotiate off of the sales price due to something minor. Touch up any chipped paint in or outside of the home, fix cracked windows, fix any broken appliances, and address anything else that may become a problem after you list your home.
Smells are Important
Smells can make or break a deal. Some <a href="https://www.elevaterealtygroup.com/blog/buyers-turn-their-nose-up-at-smelly-houses/" title="how smells affect you not selling your house">homes smell like pets</a>, smoke, or may even just have a distinctive lived-in odor. You'll want to eliminate all smells in the home by cleaning and removing old items from the home -- you'd be surprised at the odors old things can hold onto. To continue keep the clean smell, clean regularly, and consider wax melts or air fresheners throughout the home. If you're into more natural options, diffusing essential oils are a great way to make your home smell lovely without harsh chemicals.
Don't Forget About Curb Appeal
After working so hard on the interior of your home, you may be ready to go ahead and list, but don't forget that the exterior is <a href="https://www.elevaterealtygroup.com/blog/10-easy-ways-to-add-curb-appeal/">the first thing home buyers see</a> when they walk up to your home! Pressure washing, decorating the front with a new welcome mat, and adding some colorful flowers to pots outside of your door are great ways to welcome potential buyers. If you have already-existing flower bed, spruce them up with new mulch and colorful annuals. Don't forget to clean your porches and windows! By working through these steps one-by-one, your home will be ready to show in just a few short days. Happy selling!
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// ]]>2018-06-11T12:38:00-07:002020-03-30T09:43:16-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:385210 Easy Ways to Add Curb Appeal<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Easy_Ways_to_Add_Curb_Appeal.png" />
Adding Curb Appeal
According to <a href="https://www.realtor.com/realestateagency/Elevate-Realty-Group_Granbury_TX_1791942_482979202">Realtor</a>, <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/">homes for sale</a> in Granbury TX are averaging a median listing price of just over $240,000 for a single family home. To make sure that you get as much as you can out of your listing, we recommend beautifying your yard and upgrading the design to give your home a charming style and welcome feel. Visitors to your open house will appreciate a fresh design that invites them inside. Many of the tips cost less than a hundred dollars too!
New house numbers
You want to go big and eye-catching with your new address, says Houzz. You can use a wide range of media to find a design that matches the style of your house. For instance, industrial items like metal pipes and copper numbers work great for a modern home where hand-carved numbers with a nice coat of paint or stain would be better for a cottage or ranch style home.
Plant a shade tree
<a href="https://www.diynetwork.com/how-to/outdoors/outdoor-spaces/instant-curb-appeal-for-less-than-100-pictures">DIY</a> says that planting a tree or two is a fast way to make your home look stunning. A large tree is an excellent source of shade in the summer months helping to keep your home cool. Consider planting two trees to create a symmetric design or to frame your home.
Paint, paint, and paint
While you are updating your home and painting the exterior trim and porch, you may want to add some personality with a surprising or bold color choice, says BHG. If you are not ready to commit to painting, then you can always use shingles to accent an awning or porch roof. Experts suggest painting the front door a bright color to boost curb appeal and draw the eye to the home. Add potted plants to each side of the door for more impact. You can also buy new hardware like a brass knocker.
Get a new mailbox
A new mailbox is a fast and cheap way to make your yard and home look better. You can go with a fun shape, paint it a vibrant color, or choose an architectural design that enhances matches the house. Adding a brick surround around the pole will make your mailbox look more stately.
Add low-maintenance plants
One way to make your yard work for you is to get rid of some of the grass with a rock garden, sculptures, or flower beds. The first thing is to get your yard neat and organized before switching plants. HGTV says that if you do not want to do the work of cleaning up your yard before you upgrade, then you can have a professional landscaping company do the work of tearing out overgrown shrubs and gardens for between $200 and $400. Choose plants that need little water or stand up well in soil with clay and dry conditions.
Replace porch lights
Instead of scraping and cleaning old porch lights, you can replace them at a small cost. You get an instant change in minutes, and you can update the fixture to a more modern style if it is outdated. You improve the security of your home with new lights too. Consider adding a motion detecting light to the garage to keep insurance premiums low.
Use bright pops of color
Plant bright flowers next to your walk. Use accent pillows and new furniture with fun designs to make your home appealing. Planters, columns, window trim, shutters, and other areas where you can use color to make your home beautiful. You can also add color to your fence, with sculptures, and by adding colored mulch and rocks to your flower beds.
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Add_Pops_Of_Color.jpg" width="800" height="533" />
Repair broken and cracked walks
Your home looks the best and is worth the most value when everything is in good repair. This fact goes for the property around the home too. Your house will be worth more when there are no trip hazards or unsightly cracks in your sidewalks and driveways.
Place window boxes
A fabulous window box with some bright flowers is always an excellent way to add massive curb appeal. Be careful to direct water flow from the box to the gutter or yard making sure to keep water from pooling around the foundation of your home. A little gravel or some soil grading is all you need to redirect moisture. You could also put low maintenance plants here too.
Put in a fountain
A quick way to add appeal is to create a new focal point in your yard. A nice water fountain will draw the eye to the area you want to showcase. Your fountain can be handcrafted or one you buy from the garden center. They have a variety of sizes, shapes, and designs you can choose from to match your style.
Bonus idea - security lights have multiple purposes
Motion detectors help keep burglars at bay at night. Some <a href="https://www.fassbenderinsurance.com/" title="Insurance Carriers">insurance carriers</a> give discounts to homeowners that use security items like motion detecting lights on the property. Having a light that comes on automatically is a great help when you have your hands full of groceries, or you are fumbling with the lock in the middle of the night.
Bonus idea number two - create a marvelous entrance
Placing an arch or arbor at your gate is an incredible way to add major curb appeal to your home. Welcome your guests with a rose covered entry, or some other fragrant flower. You can go with a simple arch or get creative and choose an architectural piece with a layered design. Consumer Reports says that most yard improvements boost the value of <a href="http://ellisonrealestateteam.com/" title="real estate ">residential real estate</a> between three and five percent. You can maximize the impact by choosing several ideas from our list to use in your yard. Placing corbels or adding crown molding to your porch is another way to add appeal. When buying a <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="homes in Granbury">home in Granbury TX,</a> a nice swing is always a great way to improve the lot and make your house inviting.
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// ]]>2018-03-16T08:18:00-07:002020-01-03T17:00:36-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:2759Can You Be-Leaf It's Gutter Maintenance Time Again?Standing under the giant gold umbrella of foliage that covered your majestic shade tree this fall was like wandering into a painting, but now that the leaves have all fallen and the stately guardian is beginning its winter rest, it’s time to consider the clean up. You’ve already mulched the leaves on the lawn, but that’s only the beginning. Your gutters were also gracious receptacle of those golden flags — they’re going to need a good cleaning to keep working like they should.
Getting the Muck Out
There’s no easy way to say this, so I’m just going to come out with it. All that gross, grimey stuff in your gutters has to go and there’s not really a hands-off way to do this that’s both safe and reliable. The very best way to clean your gutters is still to don some work gloves, mount a ladder and use a garden trowel to scrape out all the detris that’s accumulated since the last time you or the former owner of your home did this vile task.
Try very hard to not push any of that debris down into the downspouts. Once inside the downspout, that mess of rotting leaf matter can turn into the most epic clog you can imagine, requiring a Herculean effort to extract. That is not what you want to spend doing this weekend. Instead, start at the downspout and work toward the middle of the gutter, and then repeat on the other side if it also has a downspout.
You can toss the mess into a bucket you’ve carefully hung from your nifty ladder, lay a tarp down to catch whatever you toss on it or have a friend on the ground who gets to be the unlucky bearer of the compost pail. Just try to get most of the muck in the container or he won’t come back to help you fix that chimney cap.
Once all the muck’s cleaned out, you should then run a hose to rinse the silty deposits out of the bottom of the gutters until they shine. This will also show you if there are any leaks or sagging spots that need to be addressed right away. Your gutters should always move on a downward slope toward the downspout, without any places that can allow for puddles to accumulate unless you’re interested in breeding mosquitoes.
Gutter Care and Maintenance
With your gutters nice and clean, you can see exactly what needs to be done, if anything. Because many gutters are neglected for years and years, they often are found in quite a shape by the time anyone bothers to clean them or give them any attention. There are three common problems you may encounter:
Loose gutter nails. The most common offense, by far, is going to be loose gutter nails. You might as well just buy a bunch of new nails and grab a hammer before you even start your clean-out. Unless your gutters are brand new, they’ve had time for the sheer weight of water, wet leaves and who knows what else to work those nails out bit by bit. Remove any nails that are bent, broken or have separated from the house and put a shiny new one in its place.
Dried out caulk. Caulk helps keep the contents of your gutters from seeping behind them and encouraging nasty rot and mold colonies on the fascia of your home. When the caulk starts to go missing or is dried out and loses its ability to really resist water, sun and heat, it’s time to grab a putty knife, remove it all and start again. Putting down a caulk bead is no big deal. The real trick behind the quality of seal you get at the end of this project is in the prep work. Make sure the area is free of chipping paint and that it’s clean, it’s dry and it’s totally ready to rock and roll before you even open the caulk tube.
Rusted or broken seams. These days most gutters are aluminum or plastic, and many are of the seamless variety, so this may not apply to your home. But you should take a good long look at any joints in your gutters to ensure that they’re working as they should and are in good shape anyway. Aluminum will corrode to a white powder, so if your aluminum joints look deformed or powdery, it could still be a good idea to swap them out.
A Note on Gutter Guards
Gutter guards are not a way to get out of ever having to clean the gutters ever again, especially if you live on a lovely tree-lined street. They will, however, delay the inevitable, provided you choose high quality gutter guards that will continue to allow water to flow freely while stopping debris. The last thing you want is your gutter guards to cause water to backup and damage your roof or walls.
There are plenty of gutter guard designs, some are easier to install than others and some work better than others under different conditions. Ask the sales rep for help choosing one based on your particular needs, but don’t leave the store with gutter guards that are going to be overly difficult or cumbersome to remove because eventually you’re going to have to clean those gutters again.
It’s Just One of Many Ways to Spend a Sunday
Cleaning your gutters is a labor of love, there’s absolutely no doubt. It’s one of those chores that you know you have to do to keep your house in the best health possible, but it’s also not a lot of fun, requires that you balance on a ladder while dealing with some potentially awful and slimy stuff and frankly, not a really job you even have to do if you don’t want to.
Did you know there are lots of people you can hire to do things like this waiting for you in HomeKeepr? All you have to do is open it and look them up, a quick email or telephone call will have a gutter professional at your home in no time. Instead of potentially ruining a friendship by dropping muck on your best pal, invite your buddy over for the big game and let the pros handle your gutter problem. You can relax, safe in the knowledge that next fall that big, glorious tree won’t create a giant pain in your home maintenance checklist.
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// ]]>2017-12-12T09:37:00-07:002020-01-03T20:14:15-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:2757Getting Your Garden and Landscape Ready for WinterThere’s nothing quite as solemn as watching the garden and landscape start to wind down for a long winter’s rest. It’s part of the never-ending cycle of nature — and landscaping chores — that you’ll find yourself participating in as a homeowner. Shed a small tear for the beauty of the cycle, then head out to the garage because you’ve got a lot of work to do to get your garden and landscape ready for winter.
Ready? Here we go!
Begin at the Beginning
Every landscape and garden is different, but it can be generally agreed upon that your landscape consists of some kind of turf (grass), some shrubs or small trees, maybe a large tree, annuals, perennials, bulbs, a garden spot and potted plants. Give or take. All of these guys are competing with you for attention as fall turns to winter — they’re screaming your name, in fact. But you can’t tend them all at the same time, which is why you need to make a plan of attack before you ever start.
Things that absolutely have to be done before it frosts for the first time include:
Bringing tender potted plants indoors.
Covering tender outdoor plants.
Mulching everything you’d like to see next year.
Saying good-bye to the rest.
You can wait until there’s a freeze warning in effect to handle chores like:
Digging bulbs.
Turning over the vegetable garden.
Trimming away dead material from trees and shrubs.
Mowing the grass one last time.
Although we’d never advocate that you wait until the last minute to do any of these chores, we also know you’re probably pretty busy, so it makes more sense to let you know what the deadlines really are. With this information in hand, you can start planning your attack.
Mulching 101
One of the most important things you’ll do when you’re putting your landscape to bed is applying mulch to it. “How hard can this be?” I can hear you through the computer screen. It’s not hard, but it is specific, which means it deserves an explanation so you’ll do it right. So here we go.
There are lots of different kinds of mulch out there, anything from bark to pine needles and shredded bits of wood and even those rubbery bits that used to be tires. Basically anything that can hold on to moisture and isn’t a rock will work. Largely, it’s an aesthetic choice, but do keep in mind that as your mulch breaks down, it will contribute to the soil composition. So if you need to increase the acidity, choose more acidic materials, and so forth.
It’s not so much what you apply, but how you apply it. When you lay down winter mulch, it should be in a thick layer, two to four inches deep. Get a tape measure because this can literally mean life or death for your plants. Don’t let the mulch touch the plant, not anywhere. Instead, make your mulch into a sort of tube cake around the base of your plant, where the plant is in the hole. Piling mulch up against the trunk can encourage disease and that’s not a thing you want. Space it one to two inches off the plant, just enough that no mulch touches any part of the plant.
See, it wasn’t hard. Just specific. If you have bulbs that you’re leaving in place for the winter (plenty will survive this way), make sure to mow down any dead plant matter, then mulch them just as deeply, but instead cover the whole plant. This will ensure it survives the winter, protected from the cold.
Bright Ideas for Bulbs and Plant Divisions
For some reason, people are often incredibly intimidated by the idea of digging up bulbs and dividing plants in the fall. This is a no big deal situation, much like the mulching. You just need to learn how to do it right.
When you dig up bulbs, the one thing to keep in mind is that they should be kept in conditions that allow them to be just moist, never wet, and certainly not bone dry. Most experienced gardeners will keep uprooted bulbs in pots of damp sand in a dark corner of the garage. This way they’re still cool and won’t get confused about the season, but they’re protected from frost. Water when the sand feels dry. And whatever you do, don’t leave them in standing water!
As for dividing plants, it’s actually kind of a similar thing. The trick is to keep them moist. If you’re going to move the newly divided plants to another area in your landscape, prep that first. Have it totally ready and watered and everything. Then you can just run them over and they won’t have a chance to dry out. When you divide them, there’s no hard and fast rule about how to do it. You just break the plants in half or quarters or whatever suits you, then quickly replant the pieces. It’s really that easy.
Not everything can be divided like this, but the plants that can are really obnoxiously good at surviving despite what you may do to them. Examples include iris, peony, hosta, shasta daisy — basically any perennial with a clumping root ball, rhizomes or bulbs.
Turning Over a New Leaf in the Garden
Now we’ve come to the vegetable garden, or maybe yours is an herb garden, or some combination. It’s a place you need to take special care because you’re likely to eat something out of it and we want to make sure it’s all it can be. Fall or early winter is the very best time to get your garden spot ready for spring.
It sounds like overkill, but when you’re working with organic matter, you have to consider that it takes some time for all of that stuff to break down. Compost, on average, needs about three months to become helpful. If you wait until April to incorporate your organic stuff, it’s not going to really be available to your plants until half way through the growing season. That’s just not an efficient use of your energy.
Instead, let’s do it now and have everything ready to go in April instead!
First of all, you’re going to need a soil test. Do that before you do anything else. This will help inform what you incorporate. If your garden’s short on nitrogen, for example, you can take care of that at the same time you work your compost in. Compost alone likely won’t contain enough nitrogen to cure a deficiency, but it will improve the quality of the soil itself, making it less likely to compact, help it hold on to just the right amount of moisture and drain away the excess. It’s pretty amazing stuff for something that’s essentially garbage.
When you’re working with compost, remember that you don’t want to work in more than what would be equivalent to 25 percent of the depth of your garden spot. So, if you generally till down to 10 inches, don’t put in more than 2.5 inches of compost this year. Easy peasy.
If your soil test shows you’ve got other issues, you should consult with your local university extension office for advice. There are a lot of local variables involved that would make this blog a novel if I went into it all. They can recommend an organic or traditional treatment to work in along with the compost. Kill two birds with one stone that way. Wait the full three months to recheck your soil, then adjust again if necessary.
You may have heard of something called a green manure that some gardeners use in their plots. These are generally legumes like clovers or soybeans that are used to help improve the soil and help hold it in place. If you want to try one, it’s very important that you choose a legume because they can actually increase nitrogen levels in the soil instead of depleting them. Just till the plants under before they bloom and you’re golden.
Saying Goodnight Doesn’t Mean Saying Goodbye
You’ve mulched your daylilies, you’ve pulled up your dahlias, your daisies are divided and you’ve prepped your garden spot for next year. It seems like you’re ready to take a well-deserved winter’s break. Next spring, your plants will be back, bigger and stronger than ever before thanks to your dedication and care.
If you’re not sure that you’re up to the task this year, or you just need an extra hand with some of the garden chores, take a look at the gardeners and landscape experts available through HomeKeepr. Our recommended experts have years of experience working with all kinds of plants in your area and can show you exactly how to properly put every member of your landscape to bed for the winter.
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"description": "There’s nothing quite as solemn as watching the garden and landscape start to wind down for a long winter’s rest. It’s part of the never-ending cycle of nature — and landscaping chores — that you’ll find yourself participating in as a homeowner. Shed a small tear for the beauty of the cycle, then head out to the garage because you’ve got a lot of work to do to get your garden and landscape ready for winter.",
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// ]]>2017-12-12T09:33:00-07:002020-01-03T21:09:12-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:2343What You Should Know About FLOOD INSURANCE<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/flood_insurance_for_granbury.jpg" width="800" height="533" />
Why Should You Get Flood Insurance in Granbury?
In the United States, the average price of flood insurance, nation-wide, is around $600 per year. There are major differences in those prices depending on the state and flood zone in which you live. And there are even certain areas and flood plains where, in order to get a mortgage, you are likely going to be required to purchase flood insurance.
Flood Insurance for a Mortgage
Many areas within Texas are Flood Zone A. Flood Zone A means that your mortgage company will require flood insurance on your new home. When purchasing your home, your <a href="https://www.elevaterealtygroup.com/about/agents/" title="REALTOR">REALTOR</a> will let you know if flood insurance is required. Your <a href="http://greatamericanhomeschoolconferences.com/mortgage-education/becomeing-mortgage-broker-for-you/" title="mortgage broker">mortgage broker</a> will be required to include your first year of flood insurance on your closing statement.
But what if you aren’t required to have flood insurance?
Should you spend that extra money every year to have that insurance? What if the area you have lived in has never flooded?
What if you do take out a flood insurance policy and live in your home for 35 years, and it never floods?
What if, what if, what if?
Homeowners Insurance
These are all questions to consider. It’s pretty much guaranteed that you’re going to have to have a <a href="https://www.fassbenderinsurance.com/homeowners-insurance/" title="homeowners insurance">Homeowner’s Insurance plan</a>, which unfortunately is not going to cover water damage from a flood. And even more, unfortunately, flood damage can cost tens of thousands of dollars, and possibly more depending on the level of destruction. How much water, how long was it in the house, etc?
Damage From Flooding
In order to answer your questions, you’re going to need to weigh the options—any place that has never flooded in recorded history can still flood (just look at many areas of Louisiana and Houston recently), and a flooded home can cost you a whole lot of money (that you may not have) to get back in your home, even if it only had an inch of water. Or, you could pay a minimal (in comparison to the potential) fee every year and be protected, plus have the peace of mind that you’re protected should the time ever come.
FEMA Flood Maps
It is important to understand, too, that flood plain maps can also change—the land around you is constantly changing and one day you could be in a historically non-flood area and the next day your home could be in a flood zone. Flooding is considered the nation’s common natural disaster and it can happen to anyone.
<a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="Homes for sale in Granbury Tx"><img src="https://assets.site-static.com/userfiles/528/image/blog_photos/buying%20a%20home%20-%20obtaining%20a%20mortgage.jpg" width="600" height="407" style="display: block; margin: 5px;" alt="buying a home in granbury" title="buying a home in Granbury TX" /></a>
Include Flood Insurance When You Purchase
There are many expenses when buying a new home in Granbury. If you are not required by your mortgage company to have flood insurance, you may think this is one of the areas you can save some money. Truth is if you live in a Flood Zone C or X - where flood insurance IS NOT required by your mortgage company -- you annual flood insurance premium will be VERY inexpensive. It becomes a no-brainer to have to protect yourself from a massive financial disaster.
What Is NFIP?
Since flood insurance is implemented by the Federal Government, of course, they have an acronym to refer to it. The acronym for "flood insurance" is NFIP - which stand for the <a href="https://www.fema.gov/national-flood-insurance-program" title="NFIP">National Flood Insurance Program. </a> Although the NFIP is underwritten by the Federal Government, it is locally written by a <a href="http://bit.ly/2BNeRHN" title="local insurance agency">local insurance agent</a>.
What Does NFIP Cover?
What do you get out of your flood insurance? Flood insurance covers both the structure and the contents of a home. Many plans cap out at certain amounts and are dependent on the amount of damage, but you can also purchase supplemental plans. If you have anything that is particularly valuable, it may be best to take out a separate insurance policy.
Also important to note is that not all water damage is created equal. In other words, Flood insurance is going to cover water damage if your area floods. However, if your water heater leaks or your roof caves in during a storm, your regular Homeowner’s insurance will cover that.
How Much Does Flood Insurance Cost?
How much is flood insurance going to cost you? Again, this is dependent on where you live, and what type of flood zone you’re in. There are no-flood zones, low, moderate, and high-risk zones. Premiums can start as low as $150 a year to cover contents and home. They can also reach as high as $750 for high-risk flood areas.
If you live in a Flood Zone A - where flood insurance IS required by your lender, then you will need an elevation certificate. An <a href="http://www.granbury.org/DocumentCenter/View/923" title="elevation certificate">elevation certificate</a> (not to be confused with<a href="https://www.elevaterealtygroup.com" title="Elevate Realty Group"> Elevate Realty Group</a> :-) will show the hight of your home and compare it to the recommended elevation as set forth by FEMA. If you are below the requirement, your flood premium will be higher than par -- if you are higher than the requirement, then your premium will be lower than par. If your <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="Granbury homes">Granbury home</a> sits right at the recommended height, then you will be AT par. Most of the nightmare flood insurance rates you hear about are homes that are multiple feet BELOW what FEMA has determined to be par.
What Are The Chances?
According to one statistic, there is a 26% chance that you will experience a flood in your lifetime.
So, ultimately, the question still lies with you—to get flood insurance, or to not? Are you someone who is willing to take the risk and save the cash, or would you rather pay for the peace of mind and potential help should the need arise?
As someone who has spent their life working in <a href="https://www.elevaterealtygroup.com/" title="real estate ">real estate</a> - we strongly recomend getting flood insurance EVEN if you are not requried to by your lender. Especially since if you are NOT required to have flood insurance, your premium will be very inexpensive and can save you from financial disaster.
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// ]]>2017-10-20T07:29:00-07:002020-01-03T23:55:05-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:2216Mice Can Affect Home SalesDONT LET MICE DERAIL SELLING YOUR HOME
<img src="https://assets.site-static.com/userfiles/528/image/mice_can_affect_home_sales.jpg" width="850" height="724" alt="mice can affect home sales" title="mice can affect granbury home sales" />
<a href="https://www.elevaterealtygroup.com/sellers/" title="selling a home">Selling a home</a> infested with mice is not a pleasant experience for anyone, well besides the mice. Imagine the perfect, approved Buyer comes in and a couple of mice scurry past, deal off! Also, if found during an inspection a costly remedy will be required, and a financial burden on the seller.
MICE, MICE, Oh My!
Homeowners experience an increase in mice as unwelcome house guests during the Fall and Winter, but here in Granbury it can be a year-round occurrence. <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="homes in Granbury">Homes in Granbury</a> have a much higher chance of infestation than homes in other parts of the country. In fact many homeowners do not even know the little critters have set up house until it is too late for a simple mouse trap to do the trick.
Just during the winter months alone, mice and their other rodent counter-parts will share a home with an estimated 21 million homeowners in the United States. Typically, mice are looking for food, shelter from the elements (hot & cold), and water. The extreme summer heat in Texas will send the mice into homes thirsty, hungry and looking for a cool place to nest. Mice populations increase at an alarming rate, especially when they are nice and cozy inside a homes walls and/or attic space.
Mice Will Find A Way
If you have ever noticed mice droppings on top of things, and thought to yourself “how in the world did they get up there?” well, you would be surprised. They are able to crawl up brick walls, into openings smaller that 1/4 inch and can jump a foot or so in the air! They can even swim. This means any small crack, weep hole, or doorway without tight weather stripping is an open door for these little pests. They climb pipes, utility poles, trees, anything they can get their tiny rodent feet around.
What Goes In, Must Come Out
So, here’s some distressing facts if you have found you have a family of mice taking up residence:
Mice are tiny little rodents with very large appetites. They eat up to 20 times a day. Since they eat so often, they love to find a home with food sources readily available. Once they realize the menu is better inside than out, they will make permanent reservations at your house. Pantry’s are often the first clue to the problem.
The house mouse loves cereals, grains, meats & seeds. Exposed bread and sweet treats are exceptionally vulnerable to the nocturnal nibller.
You may begin to notice tiny droppings in storage rooms, and the number of droppings will increase rapidly. One house mouse can leave up to 100 droppings a day. Now, take that number times a small mouse family of 4, or 6, or 8. They also leave little, tiny drops of urine as they move around your home. This can kill <a href="https://www.elevaterealtygroup.com/sellers/" title="selling your Granbury home">selling your Granbuy home</a>. Being nocturnal, you will not even be aware of which surfaces they have “left their mark” on, counter tops, floors, tubs, any place they travel in your home.
A Short Life, But A Prolific One
Mice that are living outside in the wild will typically survive about 6 months, eventually they will succumb to predators such as cats, bats, hawks, snakes and foxes. Mice have shown that when in a lab setting they can live up to two years or longer. Keep that in mind, if they are inside, away from predators & harsh elements, they can be result in permanent house guests, unwanted house guests indeed.
The short life span for the outdoorsy type of mouse, does not keep them from making hay while the sun is shining! These pesky little rodents love to breed. One female mouse can start popping out mice babies as early as 2 months into her life. She can have offspring of up to 150 babies in a single year, possibly a dozen babies every month. If you see just one mouse in your home, you can safely assume if there are not lots more already, there soon will be.
Nasty Lil Mice
Mice carry more germs that people realize, and are responsible for the spread of many diseases & illnesses such as:
HANTAVIRUS
LYMPHOCYTIC CHORIOMENINGITIS (LCM)
THE PLAGUE
TULAREMIA
SALMANOLLA
LYME DISEASE, AND THE LIST GOES ON…
That coupled with the droppings and urine from just one mouse, can cause any potential <a href="https://www.elevaterealtygroup.com/buyers/" title="home buyer">Home Buyer</a> to run! The destruction they cause from chewing through wires, walls, fabric & boxes, coupled with the diseases and germs they carry warrant acting swift and harsh if you notice any sign of a mouse inside your home.
An Ounce of Prevention is Worth a Pound of Cure
Keeping mice from entering a home is always the best solution to a mice infestation. Use silicone caulk to seal any openings on the exterior, be sure to check from top to bottom. Keep in mind, mice can climb & jump.
Homes with brick exteriors that contain weep holes will need to have a wire mesh or metal grate to keep the mice from entering through these abundant, mice height entry ways. If you do find yourself with evidence of a house mouse, contact a licensed <a href="https://truenaturepestcontrol.com/rat-mouse-control-northshore/" title="rat and mouse control">pest control professional</a> before it gets out of control. If you don't know one, as your <a href="https://www.elevaterealtygroup.com/about/agents/" title="REALTOR">REALTOR</a> for recomendations. Many people are not comfortable with certain inhumane methods of eradication, no worries, there are quite a few no kill options available.
Looking For Granbury Homes For Sale?
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// ]]><br /><br />Looking to Sell Your Home In Granbury?
Just fill out the form below and one of our top agents will get back to you immediatly!2017-07-20T14:35:00-07:002022-04-16T18:07:47-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:2092Buyers Turn Their Nose Up At Smelly Houses<img src="https://www.newhealthguide.org/images/1HN00542/bad-smell-stinks-640.jpg" width="620" height="350" alt="bad smells deter home sales" title="bad smells deter home sales" style="margin: 5px; vertical-align: middle;" />
Take a Whiff Before You List
If you are planning to put your <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="homes in Granbury">home in Granbury</a> on the market, you have most likely looked around for things in your home that need cleaned and repaired. You have freshened up your landscaping and added color to your curb appeal. As diligent as you have been in getting your home ready, be sure you did not overlook the smells that linger in your home just from your day to day living.
Odors that buyer’s find most offensive:
Pets
Litter boxes
Strong Air Fresheners/Candles
Lingering Smells Of Certain Foods With Strong Spice Odors
Mildew/Dampness
Tobacco Smoke
Garbage Not Removed From The Home
Gym Equipment Left Out
Dirty Laundry
High Efficiency Washers That Begin To Smell
How Can You Eliminate These Odors:
Pets
You should consider having pets kenneled or at the least, removed from the home during showing appointments. Keeping dogs bathed and carpets cleaned to remove the smell of your furry friends. Move litterboxes to an exterior area, but if you cannot do that, then change the litter daily. Consider using a more expensive type of litter and litter box that ensures to control odor from your felines elimination.trong Air Fresheners/Candles
Just do not use them. Home buyers can tell when a strong scent of these air fresheners is present and assume it is to cover up an offensive odor. Some people are just very sensitive to perfumes and candles, and will be turned away by these smells.
7 WAYS TO MAKE YOUR HOUSE SMELL CLEAN
Lingering Smells Of Certain Foods
Many ethnic dishes have very strong spice smells. After many meals being prepared using spices that waif through a home, it begins to seep into the walls and furnishings. Do a thorough cleaning of carpets, floors and furniture. Wipe down the walls using a long handled cleaning tool that you can put a cloth dampened with two parts water and one part vinegar. The smell of the vinegar will leave, and you will be left with a clean, fresh smelling home. Do not overlook wiping down ceiling fans and blinds with this same water/vinegar solution.Mildew/Dampness
If you suspect an odor of mildew/dampness in your home, ask a friend or neighbor to do a “smell check” for you. As you live in your home, you may become desensitized to the odor. If you do find that your home has a “damp smell”, first try and find the source of the dampness. It could be a leaky faucet under a cabinet, roof leak or a host of other things, including simply a piece of used furniture you brought in. Place a product such as Damp Rid in each room to absorb any moisture in the air. Use the above water/vinegar solution and wiping down everything, including walls and ceilings.Tobacco Smoke
<img src="https://www.onegoodthingbyjillee.com/wp-content/uploads/2015/06/Bad-smells-1.jpg" width="359" height="226" alt="bad smells in house" title="bad smells in house" style="float: left; margin: 5px;" />The best defense, is offense. Just never smoke in your home, but if you have, stop now and start working to remove the smell left behind. Cigarettes, ECigs, and Cigars can leave behind a strong odor that only fresh paint and deep cleaning can eliminate. If you have carpet, cleaning it may not be enough to remove tobacco odors, replacing it may be the only solution.rbage Not Removed From The Home
Take out the days trash every evening. Clean the trash cans and do not overlook bedrooms, offices and bathroom trash cans. Pour a little bit of baking soda in each can liner when you change it to keep the odors at bay.Gym Equipment Left Out & Dirty Laundry
With people become more and more into fitness, comes more and more sweaty fitness bags, equipment and clothing. Store your fitness equipment in an out building whenever possible. Be sure to wash gym clothes and bags with vinegar. The vinegar will remove the musty odor of your hard work at the gym, and freshen the laundry room at the same time.igh Efficiency Washing Machines That Begin To Smell
When HE Washing Machines hit the market, consumers dashed out to buy them. After a short time of use it was realized that these HE washing machines, specifically the front loaders begin to have a musty smell to them. This smell can fill not only the laundry room, but seep out to the rest of the home. People have also found this smell can transfer onto the clean clothes washed in these machines. The remedy is available now on your local grocery store. Washing machine cleaner tablets used monthly will remedy the odor. Another option is to clean the washing machine with a <a href="https://www.clorox.com">bleach and water mixture</a>, be sure to wipe down all components.
Set, Sniff, Sell
Once you have identified and remedied any offensive odors in your <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="homes for sale">home for sale</a>, you will find that feedback from buyers will be minus the “house showed well, but smelled bad”. A stinky house, no matter how beautifully staged and advertised, will sit on the market a lot longer without an offer. If you are using a Professional Realtor to market your home, ask their advice on getting your home ready to sell. The Realtor will be able to point out any odors that they find in your home that you may not notice. <a href="https://www.elevaterealtygroup.com/about/agents/" title="realtors">Professional Realtors</a> have probably encountered the problem smells listed here, and can offer solutions.
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// ]]>2017-04-27T16:13:00-07:002020-01-03T19:59:22-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:1930Texas Comes In At Number One For Largest Growth<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/texas_ranks_number_one.jpg" width="800" height="533" alt="texas real estate ranks number one" title="texas real estate ranks number one" />
Nationwide Study Ranks Texas #1
According to <a href="https://www.uhaul.com/Articles/About/9806/Texas-Tops-U-Haul-Migration-Rankings-As-No-1-Growth-State-Of-2016/" title="U-Haul Ranks Texas number one" target="_blank">U-Haul migration trends reports</a>, Texas is the #1 growth state for 2016. With U-Haul being the company that provides transportation for people moving and relocating, they have an undeniable interest in understanding the trends for where people are moving to. This is great news for Texas Real Estate with a spotlight on Granbury homes.
Big Moves for Texas
The state of Texas has become much more popular destination since 2015 when they ranked number 39 on the same U-Haul report. When looking at year over year U-Haul truck rentals coming into Texas they have risen 4% since 2015. What makes the statistic even stronger is the fact that departures leaving Texas stood steady; showing a pretty dramatic influx of new homeowners into Texas.
How U-Haul Calculates
The states that make it to the top of the list are the ones that show the largest net gain of one way truck rentals in the state, as opposed to leaving the state. These statistics are gathered from at least 1.5 million one way truck rental transactions yearly. It is acknowledged that the migration statistics may not directly correlate to population growth, but is utilized as a very effective metric of how well cities are attracting new homeowners.
Texas Cities That Moved The Needle
Thanks to areas such as <a href="http://www.austintexas.gov/" title="Austin tx" target="_blank">Austin</a>, <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/" title="Granbury Homes">Granbury</a>, McKinney, Richardson, Temple and New Braunfels, TX, U Haul has seen a huge bump in the arrivals at 50.8% outpacing the departures at 49.2% for 2016.
Zane Rowland, the president of the U-Haul Company of North East Dallas says:
<br class="kix-line-break" />“Everything in Texas is growing exponentially”. Many large companies are moving to Texas to take advantage of the corporate tax breaks and low cost of living for their employees. Texas remains a state postured to have the ability for people to start their own businesses, and a large corporations like Toyota, Apple and Amazon plan to increase employment opportunities in Texas. Toyota relocated to Plano and offered 2,000 positions to people living in Texas.”
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Texas_Real_Estate.jpg" width="300" height="171" alt="texas real estate" title="texas real estate" style="float: left; margin: 5px;" />
The Governor Greg Abbot of Texas responded to this report from U-Haul with a pride in being the state of choice for those looking to have expanded economic opportunities. He promises to work hard to promote a state of growth and even more prosperous, giving way to more Texans to thrive.
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U-Haul has been the authority on the migration trends thanks to the amount of their network that span over the 50 states, and Canada. U-Haul tracks these statistics very closely as it directly affects their bottom line.
Real Estate Trends
Seeing U-Hauls report, the response from Texas leaders, only solidifies the solid real estate markets such as <a href="https://www.elevaterealtygroup.com" title="Granbury Real Estate">Granbury real estate</a>, being a great place to call “home”. Property values are still very reasonable for people to relocate. New home builds are up. Tech jobs are bringing people in from all over the country. “San Antonio has grown tremendously. The economy is great. The oil industry is recovering in Texas
Here is a list of U-Hauls top 10, 2016 Growth States
1. Texas
2. Florida
3. Minnesota
4. Wisconsin
5. Missouri
6. Maine
7. Idaho
8. Louisiana
9. Vermont
10. Arkansas
Current Granbury Homes For Sale
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// ]]>2017-02-24T09:08:00-07:002018-09-20T12:32:53-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:18195 Tips For First Time Homebuyers<img src="https://assets.site-static.com/userfiles/528/image/tips_for_buying_your_first_home.png" width="900" height="600" />
Here are 5 Tips For First Time Homebuyers
Possibly one of the biggest decisions you will make in your life is buying your first home. It can be daunting, and you may feel like home buying is in an entirely different language. Escrow, interest rates, down payments, <a href="https://www.chadmiller.com/blog/condo-docs-what-to-review-before-buying-condominium/" title="condo docs" class="attribution">condo docs</a>, HOAs, credit scores, pre-approvals… It can be a bit overwhelming. But fear not, you’re going to go in to this process prepared. Let’s assume that you clicked on this article because you have made the decision to <a href="https://www.elevaterealtygroup.com/buyers/">purchase a home</a>—that’s obviously the first step. But now what? Here are 5 tips you should consider before you purchase your first home.
1. Work on your credit score.
There are plenty of websites nowadays that will tell you your credit score for free. Take a look at it preferably a year before you want to purchase a home, so that you have plenty of time if things need improving. Most lenders want to see your credit score above 700, so definitely aim for that. And remember, the better your credit score, the more likely you are to get a much lower interest rate. And who doesn’t want to save tens of thousands of dollars?
Helpful tip: If you feel like your credit score is good enough to being looking for your perfect home, it’s a great idea to get a lender to pre-approve you before you start shopping—this will both let the realtors and sellers know you’re serious, and give you a general idea of what the bank thinks you can afford. To get pre-approved, lenders will verify your employment, income, and credit.
2. Know what you can afford.
Remember how I recommended you to get pre-approved? Well the bank is going to figure out how much you can afford based on what you earn and how many other debts you have. But, be warned: they don’t take into account any other expenses. The bank may pre-approve you for a $400,000 home, but if you were to actually get a home that expensive, you couldn’t afford electricity, water, cable and internet, your car note, groceries… see where I’m going with this? Take the time to sit down and look at your finances. Figure out what you can afford to spend, and figure out what you’re comfortable spending. Don’t be shy about this number. You may see <a href="https://www.elevaterealtygroup.com/about/agents/">real estate agents</a> on TV showing prospective buyers houses way out their price range—actual agents won’t do this if you tell them your top price. They want to make a sale just as much as you want to buy. And in the long run, you’re the one paying so you have to be comfortable.
3. Know what you want.
Here’s a big piece of the process. I’m sure you’ve pictured things you’d like out of a house. And let’s be realistic, remember that number you calculated that you’re happy with spending? You can’t <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/">find a house</a> with every little thing you want for half the price you want to spend. It’s good to make lists. Write down what you like about all of the places you have lived. Now write down all the things you really don’t like. So—what are your must have’s and your must not have’s? You may decide that you don’t want to even tour a home that doesn’t have at least 2 full bathrooms. That’s fine, adding a bathroom is a big expense and a big project. But always keep an open mind about things like paint colors, fixtures, furniture arrangements, or ugly carpeting. Those are all easily changeable, and you’re unlikely to find a place that has exactly your style or tastes already installed.
Remember: You can change almost anything you want about a house, but you cannot change a location!
4. Don’t go open 3 credit cards.
Once you’re pre-approved, don’t do anything too drastic in your financial life. Don’t buy a new car or open a bunch or credit cards. Don’t apply for other loans or change your job. Your pre-approval is based on your financial situation at the time of application and any changes can get your loan denied when you try to purchase a home.
5. Set up a property search.
You will want to look for a local, broker owned real estate website to set up a property search. Many of the large real estate portals do not have all of the active listings in your area, but real estate brokers who are members of the local MLS will. For instance, if you want to see all of the <a href="https://www.elevaterealtygroup.com/granbury-homes-for-sale/">homes for sale in Granbury Tx</a>, from ALL real estate brokers, you can click <a href="https://www.elevaterealtygroup.com/idx/search-form/">HERE</a>.
Remember...Buying a Home is a BIG DECISION
Don’t go in to the process of buying a home and think that you’ll be moved in to your new place in a month. Once you’re pre-approved for a loan, and after you contact a real estate agent to start viewing homes, you may not see anything you fall in love with right off the bat. And considering how much money you’re going to spend, you had better be more than okay with your purchase. It’s never a good idea to settle and assume that you’ll grow to love the house. You probably won’t. People often don’t think of what happens after you pick the home, put in an offer, and have your offer accepted. There’s inspections and appraisals, you actually now have to be approved for the loan, there’s paperwork and a ton of documents you have to have—you might not get those keys for over a month. Buying a home is a big step in your life—make sure you have considered how big of a decision and expense this is going to be, and make sure that you are getting what you want.
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// ]]>2016-12-27T14:24:00-07:002020-01-03T20:56:33-07:00Randall Lunatag:elevaterealtygroup.com,2012-09-20:1782Things NOT To Say When Selling Your Homewhat NOT To Say When Putting your home up for sale
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/Do_I_Need_Title_Insurace.jpg" width="800" height="517" alt="selling your home" title="selling your home" style="margin: 5px;" />
Everyone who is trying to <a href="https://www.elevaterealtygroup.com/sellers/" title="sell a home">sell a home</a> is typically wants to do it as quickly as possible. As a seller, you and/or your qualified <a href="https://www.elevaterealtygroup.com/about/agents/" title="real estate agents">real estate agent</a> should be aware of all of the items required by law that must be disclosed to buyers. These things, depending on the state you’re in, can include your flood zone, whether the house has lead paint, previous improvements or renovations, termite problems, and more. But what you should also know, is what not to disclose.
“We love this house, but…”
Stop right there! No matter what you insert into the end of that sentence, your potential buyers don’t need to hear it. This statement puts doubt into their minds, makes them see problems that they might not have noticed before. Bottom line, it can be detrimental to that sale. What might you say here that is not good?
Go ahead, just fill it in: -We love this house, but there’s just not enough storage space.
We love this house, but our family has outgrown it/we’re getting a divorce/my spouse died.
We love this house, but it isn’t close enough to good schools/the city/work/shopping/etc.
We love this house, but we always wanted to change the layout/the size/the closet space/the kitchen/etc.
We love this house, but… See?
Whatever you say here is not going to help to sell your house, and is likely going to hurt it. You are going to point out things to the buyers that they might not like, and they know that changing things means more money—or in the case of the location, something that they can’t change at all.
Market Time
How long has your house been on the market?
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/How_To_Mess_Up_Buying_Your_Dream_Home.jpg" width="270" height="216" alt="selling your home" title="selling your home" style="margin: 5px; float: left;" />No matter the answer, it could hurt. Potential buyers might think if your house has only been on the market for a few days, that they have plenty of time to look around at other things. On the flip side, if your house has been on the market for months, that can be a red flag that there might be things wrong with the house. At the end of the day, this question does not need to be answered as the time on the market is usually in the home listings.
“You’re our ninth showing…today!”
You should probably avoid this, too. Telling the buyer how many people have (or haven’t) viewed your home can also be detrimental. It’s more information than they need, because you never know what message it might send. Too many viewers can mean there is something wrong with the house; too few can mean that you’re asking too much money or it’s not in a good area.
“We spent $10,000 renovating the…”
Woah there. Hold that thought. Just because you spent half a fortune and several months renovating the new bathroom, doesn’t mean that your potential buyer: 1) cares; 2) is willing to spend more because you think it’s worth more; 3) needs to know.
The buyer is (likely under the direction of their reputable real estate agent) going to offer you what they think the house is worth, based on the comparable area and their overall feeling of the house.
Another issue with spouting out costs to a potential buyer is letting them know what you didn’t fix. You may go on and on about the money you spent and improvements you made to the state-of-the art kitchen, but you could be informing the buyers that you have ignored and put no money into the bathrooms. You may feel that the brand new kitchen means you can ask a bit more on the price, when all they’re seeing is the bathroom that needs more renovations, which means you should lower the price.
“Oh, you’ll really love the…”
Do you know the potential buyers well? Likely, the answer is no and you should stop right there before saying more. There are probably lots of reasons that made you purchase your home and that you love about it. But before you say anything about it, make sure you know that the buyer is going to love it, too.
Again, just fill in the blank: -Oh, you’ll really love the neighborhood, it’s so family-friendly.
Oh, you’ll really love the area, there’s a huge mall just around the corner.
Oh, you’ll really love the area, there are tons of churches to go to!
Oh, you’ll really love the neighbors, they’re so lively and fun, and always invite you to their parties.
<img src="https://assets.site-static.com/userfiles/528/image/blog_photos/buying_a_home_in_2016.jpg" width="250" height="167" alt="getting your home sold" title="getting your home sold" style="margin: 5px; float: left;" />Here it is again: things that you love about your home may not be things that potential buyers want or like. They may not be religious, they might not want to live where lots of kids may be running around, they may not want loud parties next door every weekend. Unless you really know your buyers well, it’s easiest to just keep quiet on the subject. Aside from the things that you must legally disclose as a seller, and past what you have posted in your home’s listings, it is best to not give much more adage. And honestly, it is really best that you are not present during showings at all—many potential buyers feel awkward about looking into closets or cabinets, or behind closed doors when the owner is standing right there. And if that person doesn’t grasp the full potential of your home, they might not make an offer.
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// ]]>2016-12-07T13:19:00-07:002020-01-03T23:29:53-07:00Randall Luna