Duarte/Downey Real Estate Agency, Inc



Posted by Duarte/Downey Real Estate Agency, Inc on 12/17/2017

A nightmare home selling experience is something that every home seller wants to avoid. Fortunately, we're here to teach you the ins and outs of selling a house so that you can minimize the risk of problems that could lead to a nightmare home selling experience.

Now, let's take a look at three tips to help you avoid a nightmare home selling experience.

1. Study the Real Estate Market Closely

You don't need to be a real estate market expert to find ways to maximize the profits from your home sale. Instead, you can study the real estate market closely and gain the insights that you need to price your house competitively.

Remember, a home seller's goal is to optimize the value of his or her house. To accomplish this goal, it is paramount to establish the right home price from day one. Otherwise, a home seller risks alienating buyers with a price that is too high, or missing out on profits due to a price that is too low.

Take a look at the prices of available houses in your area that are similar to your own. This housing market data will enable you to see how your residence stacks up against the competition so that you can price your house accordingly.

2. Conduct a Home Inspection

A home inspection usually is completed after a home seller accepts a buyer's offer. However, a home seller who conducts an inspection before listing his or her residence can increase the likelihood of a profitable home sale. Perhaps best of all, this home seller can avoid the danger of a buyer requesting home repairs or a price reduction later in the home selling cycle.

During a home inspection, a property expert will evaluate your residence both inside and out. This property expert then will provide a comprehensive report that details his or her findings.

Examine a home inspection report. That way, you can find out about your house's strengths and weaknesses and take the necessary steps to transform various weaknesses into strengths.

3. Hire an Experienced Real Estate Agent

An experienced real estate agent understands exactly what it takes to sell a home, regardless of the current housing market's conditions. As such, this real estate agent can serve as a guide throughout the home selling journey and help you immediately identify and resolve any potential home selling hurdles.

For example, an experienced real estate agent can provide you with a wealth of housing market data before you list your residence. This housing market professional will help you make sense of assorted real estate data and ensure that you can establish a competitive price for your house. He or she also will promote your house to the right groups of buyers and help you enjoy a quick, seamless home sale.

When it comes to selling your home, there is no need to leave anything to chance. Take advantage of the aforementioned tips, and you can avoid a nightmare home selling experience.




Categories: Uncategorized  


Posted by Duarte/Downey Real Estate Agency, Inc on 12/10/2017

Although your real estate agent will do the lion's share of the work involved in selling your home, there are several things you, the homeowner, can do to help move things along.

By making sure your home is always ready to be shown at a moments notice to prospective buyers, you will be helping to "tip the scales" in the direction of a faster sale. Since making a great first impression is crucial to the sales process, it's important that your home always looks its best -- both inside and out. Here are a few tips to keep in mind when you decide to put your home on the market.

Order versus chaos: Every time your real estate agent sets up a showing of your house, it's an opportunity to attract and engage potential buyers. When your house and property look organized, clean, and well cared for, it sends a series of positive messages to prospects.

Admittedly, it can be a little bit of a hassle to keep your house looking (and smelling) immaculate all the time, but doing so can definitely work in your favor when it comes to making a great impression and getting your house sold faster.

To the extent that it's possible, try to eliminate or significantly reduce anything that could be described as "clutter." Clutter can include anything from excessive furniture and wall hangings to knick-knacks on your shelves and too many containers on kitchen countertops.

The ultimate effect you want to achieve is one of spaciousness, tastefulness, and organization. Anything which detracts from those desirable qualities could potentially work against you. As the classic 1980s TV commercial for a well-known dandruff shampoo reminds us: "You never get a second chance to make a first impression!"

Remember curb appeal: Actually the real first impression happens before prospective buyers even enter your home or step on your property. In many cases, it occurs before they even get out of their cars!

Making sure your house and property look as impeccable as possible from the street can help attract potential buyers and put them in a more receptive state of mind. Maintaining a manicured, clutter-free lawn, highlighted by a few splashes of floral color, can be an effective way to create eye-appeal and make a positive first impression.

One thing home sellers are either unaware of or forget about is the fact that prospective buyers sometimes do a preliminary "drive by" before picking up the phone and calling your (or their) real estate agent to schedule a showing. If they do not like what they see from their car, they probably are not going to take the next step and arrange a full tour of your home.

When you come to the realization that every person who drives by or visits your home is a potential buyer, you'll be more motivated to take care of the many details that either attract of send away prospective buyers.





Posted by Duarte/Downey Real Estate Agency, Inc on 12/3/2017

The thought of trying to declutter your home could stress you out. If you put off the act of organizing, however, you could end up even more stressed out. Clutter in the home is proven to be a cause of stress. Not being able to find what you need can cause you to feel that you’re living in chaos. There’s a few tips that you can take into consideration to help you declutter, destress, and get organized for good! 


When Planning Storage Solutions, Measure First


If you shop for containers and other storage organization tools first, you’ll never know what will fit properly. Taking the time to measure things out and get the right size containers can help you to avoid creating more clutter for yourself. Measuring spaces helps you to come up with a plan for what your vision is for that space.


Declutter For Less


You don’t need to go into a huge debt to declutter your home. You can shop at the local dollar store to find containers, hooks, and bins to help you stay organized. Organization doesn’t need a lot of fancy tools. 


For Kids, More Is Better


When it comes to finding containers and bins for a child’s room, more is definitely better.  Having many separate compartments really helps the kids to stay organized and find what they’re looking for when they want it. 


A Junk Drawer Is Actually A Good Thing


You can actually keep that junk drawer or bin that you have in the house. A junk drawer is a great place for collecting items. Just learn to keep it organized. If you have a bin, make sure that you clean it out from time to time so that tons of things don’t end up building up there in a pile. If you have a junk drawer, try to compartmentalize it with categories and separators for a “lost and found” or “things that need to be put away.”


Every Door Is An Opportunity


In your home, think of each and every door, cabinet door, or closet door as an opportunity to create more storage. You can hang things on the backs of these doors including spice racks, shoe racks, hooks for coats, and so much more. Don’t miss out on a simple yet very effective space saver.


  

Create Zones


In each room, there’s places where the same activity is done over and over again. Creating zones helps to reduce clutter and increase organization. In the kitchen, for example, you probably have a dedicated prep space along with a clean up station. In bedrooms, there’s a place where you get dressed, throw your dirty clothes, and get ready for the day. Have everything that you’ll need in each “station” or “zone” so that you can stay on top of being tidy.




Categories: Uncategorized  


Posted by Duarte/Downey Real Estate Agency, Inc on 11/26/2017

The process of buying a home is anything but cut and dry. There will undoubtedly be some twists and turns along the way. First, you need to be pre-approved for a mortgage. Then, you’ll need to find a home that fits both your needs and your budget. Finally, you’ll put in an offer on a place and hope for the best throughout the rest of the process.


There are plenty of things that you can do as a buyer to make buying a home both easier and more streamlined. Below, you’ll find some of the best tips that are specifically for those seeking to buy a home. 


Give Them An Offer They Can’t Refuse


When there is a low quantity of homes and a high number of buyers, competition can get fierce. When the market is like this, you’re not guaranteed to get a property that you put an offer on. It may take making several offers on homes in order for you to finally get the keys to your dream house. 


You never want your offer to be too low. A low offer could be insulting to sellers and instead of being countered, could just be outright refused. Make an offer too high and you still have a problem. A high offer may be accepted, however, it’s not going to be approved by your mortgage company for you to borrow that much for the purchase. If an offer is accepted and a home appraises for less, you may be left with thousands of dollars that you need to pay on the spot in order to secure the home. 


The best way to present an attractive offer is to work with an expert realtor who can do the appropriate research and let you know what a good offer on the home would be.           


Know Your Contingencies


After an offer on a home has been accepted, you need to get to work on the contingencies that you’re going to want on the home. Your realtor will also be a huge advocate in this area. Contingencies will include things like the right to do a home inspection, the appraisal contingency, and the contingency that you’ll only be able to move forward with buying the home if you have appropriate financing. These protect you as a buyer so that if something falls through, you’ll be able to back out of the deal without a penalty.


Don’t Go Credit Happy


Once your offer is accepted and your financing is in place, don’t head out to buy tons of new furniture and appliances for your new home. Your credit matters until you get the keys to the house. Opening new credit cards or adding significant debt can affect your credit score negatively, possibly putting a damper on your home purchase. Hold off on making purchases until after you move into the house.    





Tags: Buying a home  
Categories: Uncategorized  


Posted by Duarte/Downey Real Estate Agency, Inc on 11/19/2017

You have finally found what you believe to be the perfect home. Then, something rings off in your gut. Maybe it was poor communication with the seller. Maybe a big change happened in your own life in a short period of time. All you know is that you really want to back out of the deal. You might have a lot of questions. Is this possible? Are there consequences? 


The short answers to these questions are yes, and yes. There is a possibility that you could be sued by your backing out of a deal. It’s rare that buyers are actually mandated to buy a home that they don’t actually want to buy. Sellers will, however, be able to keep any money that has already been paid as a deposit after a certain point in the dealings on a home sale. Sellers may also be awarded damages in some cases. 


Legally Backing Out Of The Contract


There are a few circumstances where buyers may have a legitimate right to back out of a contract on a home. If certain contingencies weren’t met, as a buyer, you’re free and clear to walk away. These circumstances include:


  • Financing falls through
  • You couldn’t sell your former home
  • Flaws in the home have not been disclosed
  • Property boundary line issues exist
  • Liens are against a home’s title
  • The seller does not meet the terms for improvement
  • Undisclosed uses exist for the land such as a pathway


If none of these reasons apply to you and you still have reservations about buying the home, you may need to sacrifice a huge chunk of money. The way that you exit the deal will all depend upon the contracts that were signed previously.


Other Buyers Are Waiting For The Home


If you are in a tight market and decide to back out of buying a home, you could be in luck. Often, if there’s a backup offer, it’s enough to satisfy a seller that at least the home will be sold promptly. However, don’t hold you breath when it comes to getting your deposits back. If you have already “promised” to buy a home, you can kiss the deposit goodbye, unfortunately. 


Always Hire A Real Estate Attorney


Whether your state requires it or not, you should always hire a real estate attorney. These professionals can help you to read each and every line of the contracts that you’re signing when buying a home. They will make suggestions as to how you can protect yourself through the process along the way. It’s a good investment to hire a lawyer when you’re buying a home.