Spring is a perfect time to get some home maintenance done. As the weather warms up, the break in winter weather will give you a chance to inspect the outside of your home, repair any damage, and prep for spring rains, new growth, and the heat of the summer months. Here is a quick checklist of tasks our real estate agents recommend doing to maintain your home and yard this spring.
The man-made scenery in Northern New England is nearly as eye-catching as the natural landscape. Whether you're a history buff or just appreciative of beautiful designs, the area's range of architectural styles is endlessly fascinating. Our real estate agents take a look at some of the more popular home styles and what makes them so compelling.
Maine's covered bridges have been a subject of affection for countless photographers, artists, visitors, and outdoor enthusiasts for many decades, thanks to their quaint, historic charm. There are a total of 8 covered bridges dotting the gorgeous natural landscapes of Maine, each with its own unique character, construction, and story. Planning a trip to see Maine's covered bridges is a great way to get to know the state, and our real estate agents have some interesting facts to shed light on the history of each of the 8 bridges.
Studies continue to report that potential homebuyers are seeking homes with technology that makes their lives and their ability to run their households easier and more convenient.
Our real estate agents know that a home with updated technology is often more appealing to prospective buyers. Even if you don't anticipate selling your home in the future, adding a few new high-tech options can help you customize your home to your needs.
The past few years have been one of the hottest real estate markets in recent memory! While it might seem like the perfect time to sell a home, the fact is, selling your home is a big deal. Whether it's your first time selling or the fifth, a lot goes into listing and selling your home.
Selling a home is a major life choice that involves your most valuable asset. Knowing when to sell to maximize your return is a bit of an art. Unlike buying or selling stocks or bonds, your home carries a lot of emotional baggage. It's about much more than buying low and selling high.
Knowing that you are ready to sell is about more than waking up and making a decision. It's never going to be the perfect time to sell and move on. Deciding to sell isn't a market-driven issue, it is a lifestyle choice. However, there are several ways to recognize if it is a good decision for you, your family, and your financial health.
In this post, we will identify some signs that it might be a good time to sell, regardless of market conditions.
While there are signs that it might be a good time to sell, the fact is most of us are emotionally connected to our homes. To know if it is the right time to sell, you should first consider the answers to these questions:
Having a plan in place is crucial. You will want to consider several potential outcomes and what-if scenarios to be prepared. Including having a post-sale plan. If you are selling, you are probably also buying so the economics need to make sense. Are some what-ifs to consider:
• What if you can't find a buyer?
Have a plan so, for example, if you can't find a buyer, you'll either need to find a new realtor or decide to rent your home out.
• What if the inspection comes back with issues?
Are you prepared for a home inspection? It may make sense to have your home inspected before a buyer makes an offer and you go under contract. Taking a proactive approach can give you extra ammunition before negotiations begin.
• You have a decent offer on the first day. What do you do?
Having a plan can help you decide if it's the right offer. Maybe you want to wait a day or two before responding. A good realtor will determine the fair market value and can help you handle this situation.
• What if you have multiple offers?
Having multiple offers is a good thing that can go bad if not handled properly. First, make sure that everyone understands that there are multiple offers. Then set a time deadline for all best and final offers. Focus on communication, or it may come back to hurt you. A good agent will not only generate great offers but will also follow through.
All real estate is local. When selling your home, knowledge is your best friend! Study your local market to understand the climate. Look at similar properties, how long they were on the market, and the prices realized. Understanding local market conditions can help you to make an informed decision.
Consider these five factors:
This information will help you determine if it's the right time to sell. Once you've looked at the factors outside of your control, it's time to look at the factors you control.
If you have owned your home for a while, you probably have equity built up. Maybe you were a first-time buyer, and you're ready to upgrade, or maybe, an empty nester looking to downsize.
Having a handle on your finances will help you understand if it's the right time to sell. It also helps to have a post-sale plan for what's next. Knowing your net will help you understand what you can afford. Talk to your realtor and ask them for a home seller net sheet. This can help you understand the financial impact of selling.
A change of scenery can be a good thing. There are many reasons you may want or need to change location. Maybe you've outgrown your current place or need to relocate for a new job opportunity. People in the United States move on average every five to seven years for many different reasons.
If you're simply looking for a change of scenery, make sure you're committed to the change before listing your home. If you're on the fence, it's probably not the best time to sell. Sometimes, you have no choice, for example, relocating for work. If this is the case, make sure you have a plan, are financially ready, and are not emotionally attached to your home or neighborhood.
It can be tough dealing with an emotionally invested seller. While you don't have to remove the sentimental value to sell, just don't allow it to influence your decision-making process. If you can't control your emotions, it might not be the best idea to sell.
Before beginning the sales process, you must be 100% committed to your decision. Once you close, there's no turning back. Your home is no longer yours it belongs to someone else. Make sure you can handle that and are ready to move on to another chapter in your life. Most importantly, be open and upfront with your realtor!
Outgrowing your home is common for first-time homebuyers or young families. This can be the perfect time to sell and find a new place with more room to grow. However, outgrowing your home doesn't necessarily mean it's the right time to sell. Have a post-sale plan, and make sure you are financially ready to transition to a new bigger house.
A lot goes into reaching the decision to sell your family home. You want to make sure you have the time, knowledge, finances, and a plan of attack. If you're not 100% committed or worried that it might not be the right time to sell, you're probably right.
You'll know when it's time. Consult with a local real estate expert who can help. They will tell explain all of your options. Speak with several professionals before choosing the right person to work with.
There are a lot of realtors in the world, and they are not all the same! Ask them about their marketing, understand their selling process, and ask them how they will generate buyer leads for your property.
Selling a home requires you to work with a realtor that you trust. The goal should be to get the most money for your home and set the stage so that buyers who view your property will fall in love. While you remain emotionally detached when selling a home, your goal is to create an environment that buyers can envision living in.
Paint your home with neutral colors, remove personal items, and declutter to create more room in your home for buyers to visualize. Here are some additional tips to help make the process go smoothly:
• Settle any financial obligations
• Deep clean
• Talk with a lender
Chatting with a lender can help you know whether or not you'll be able to secure a new mortgage as well as where your credit score stands.
Selling your home is a highly personal decision. The better prepared you are, and the more questions you've answered, the easier it will be to make the decision to sell. If you're still unsure, talk to a local realtor to better understand the trends in the local market and all of your options!