Let’s face it, moving- whether it’s down the street or across the country, is one of the most stressful events people face. It alters not only your physical location but your daily routine, your immediate support network, and your social environment. Even more so, it can take a toll on your finances with the little expenses adding up. Still, 35 million Americans relocate every year, however there are many ways to minimize the impact on your finances. Here are 7 ways to save your hard earned cash when making a move.
Category Archives: Buyer Resources
As a full-time Realtor in Scottsdale, I get asked this question several times a day. Unlike many agents in the Valley, I typically ask the seller, “Tell me more about the house.” The reason for this is based on my observation that if the “pool of buyers” was like a pizza, 6 out of 8 slices (3/4’s of all retail buyers) cannot afford a “renovation project” from either a time or money standpoint. In other words, most interested home buyers either have just enough money for the down payment and closing costs or they simply don’t have the heart (or the stomach) for a long-enduring remodeling job or make-over project to sell their home. Depending on the area in which you live, you may be in the midst of dichotomy market which offers opportunities to both buyers and sellers.
To almost quote Dionne Warwick, ‘Wishing, Hoping, Needing, & Praying’ are words that make real estate agents crazy. When buyers and sellers apply fantasy wishes to the real estate process it is a recipe for frustration and ultimately, failure. Not only is it “fool hardy”, it can be incredibly costly to the buyer and seller. Listed below are scenarios where wishful thinking and not dealing with reality make for an unpleasant and unsuccessful real estate experience.
When you buy a property, the goal is to spend less than or equal to its market value. This is true whether you buy it move-in ready or buy a fixer-upper. How do you know whether or not you are sinking your money in a money pit or on a valuable fixer-upper?
One of the strongest arguments for getting out of the rental pool is the taxable benefits of owning a home. Instead of the rent you pay going right into the landlord’s pocket every month, a portion of every mortgage payment is credited towards interest and property taxes paid each year. A taxpayer can deduct the mortgage interest and property taxes paid on his/her primary residence against his/her taxable income. Here’s how it works.
Thinking about upgrading your flooring? When budgeting home renovations, flooring is typically the biggest expense, so it’s important to ensure your investment will generate the biggest return. You may be considering re-flooring so that you’ll enjoy the new floor yourself, but you should always consider the potential value for re-sale.
Moving is one of the most stressful things you can do—and yet, everyone has to do it at some point. Whether you’ve accepted a great new job offer across the country or are moving down the street to a cheaper apartment, the process is the same: get everything into boxes and out of the house before you lose your mind. Follow our four tips to take the extra stress out of moving and make it a day to remember:
When buying or selling a home, it is crucial to be fully aware of any structural or systemic concerns within the building. To find the true value of a home, and to help prevent home buyers from purchasing a “lemon,” a home is always inspected in the process of a real estate transaction. Inspectors will evaluate things like the plumbing and HVAC systems, electrical wiring, the foundation, and of course, the roof.
If you’re thinking about putting your home on the market, or if you’re having a hard time getting the price you want for your home, there are hundreds of things you can do to increase the value of your home before selling. While many of these projects cost more money than you might have during the selling process, there are plenty of inexpensive ways to help you get the most out of your home! Here are the eight best ways to do just that.