Date Archives: June 2021
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28
Should You Consider Making an Early Offer?
You've been browsing Mansfield and Ashland homes for sale for quite some time now and have finally found something perfect for you and your family's needs. You're ready to take the plunge and put in an offer on the house. But how long should you wait ?There's really no conventional answer to that question. But in a seller's market, when inventory is low and demand is high, you may have to go above and beyond to make sure you submit an early offer and that it stands out from the competition. Here's what you should know about making early offers along with strategies for making a winning one.
Potential Problems with Early Offers
Making an offer isn't as simple as knocking on the door and informing the seller you'll take the house. Your intentions trigger the start of an intricate process between you and the seller. Don't expect the seller to accept your offer just because it came in first. Sellers usually think they've priced their home too low when an offer comes in fast. So, they want the house to have the longest exposure possible on the open market and get bids from a large number of buyers. An early offer would need to be mighty attractive for the seller to accept it instead of waiting too long for better offers.
21
Retiring Soon? Why It's a Great Time to Consider Selling
Are you tired of mowing lawns and cleaning gutters? If you're approaching retirement, you may be one of the millions of Americans that are looking for ways to simplify their lives by selling the family home and moving to a townhouse or condominium. But is this the right time to make a move? Our REALTORS® will be happy to help you assess your personal situation to help you make that decision.
- Seller's Market
Property values have skyrocketed, and many homeowners are amazed at the prices commanded by homes similar to theirs. But change is hard, especially if you have lived in the same home for many years. Surely the trend will remain for quite some time, won't it? Experts would say "no." While houses may not lose a lot of value in the near future, optimal conditions for sale will decrease. At this time, inventories are low, generating bidding wars, which elevate selling prices. In the near future, approximately $13.5 trillion in additional properties will also come to market, altering the current trends.
14
Sellers: Don't Let the Grass Be Greener On the Other Side
A lush green lawn can be a great way to attract attention when you list your home among Mansfield or Ashland homes for sale. Green grass is a real eye-catcher, so you won't want to neglect nourishing the green in your lawn this summer.
So how do you get there, transforming your thin, sparse, weedy lawn to a perfect, uniform expanse of healthy-looking green? Follow the tips below, and you'll see some big improvements this summer.
Tips for Getting a Greener Lawn
- Improve your soil
A greener lawn starts with improving your soil. You can determine your soil's pH with a testing kit. Talk to a lawn care specialist about what amendments you'll need to bring your soil up to the right pH for the kind of grass you want to grow.
7
How to Be Prepared in a Competitive Housing Market
Real estate markets across the country are red hot. It is not uncommon for sellers to receive numerous offers within days of listing their property. Time and time again, our REALTORS® have seen homes sell for well above their listing price. If you have your eye on the perfect property for your next home, we recommend taking the time to get prepared before you jump into the pool of buyers eager to get their hands on your dream home.
- Preapproval
Start by getting preapproved for a loan. This is more rigorous than a prequalification process and shows you precisely where you stand and how much the lender will loan for your purchase. There are multiple advantages to this when searching for Mansfield or Ashland homes for sale. It helps narrow down your search to only those properties within your price range. This speeds up the process considerably. It also shows you how high you can go if a bidding war breaks out. Equally important, when multiple offers are submitted, sellers are more likely to accept offers from preapproved buyers than those who are merely pre-qualified.
In fact, be prepared to pay more than the listing price. This is especially true for well-maintained homes in desirable locations. It's not unheard of for homes to sell for 100-110% or more of the asking price. As you search, factor this into your calculations and search for homes that are 95% or less of your preapproval.
