Our Real Estate Blog
After you accept a homebuyer's offer on your residence, he or she likely will complete a home inspection. Then, the homebuyer may choose to move forward with the home purchase, rescind or modify his or her offer or ask the home seller to complete home improvements.
Ultimately, a home seller is likely to have many questions following a home inspection, including:
1. What did the homebuyer discover during the home inspection?
As a home seller, it is important to do everything possible to enhance your residence before you add it to the real estate market. By doing so, you can boost your chances of generating substantial interest in your house. Plus, when a homebuyer performs a home inspection, he or she is unlikely to find any problems that may slow down the home selling process.
An informed home seller may conduct a home appraisal prior to listing his or her house on the real estate market. This appraisal enables a home seller to identify potential trouble areas within a residence and explore ways to address such problems.
If you failed to perform a home appraisal, there is no need to worry. For home sellers, it is important to see a home inspection as a learning opportunity. And if a homebuyer identifies problems with your residence during a home inspection, you should try to work with him or her to resolve these issues.
2. Should I stand my ground after a home inspection?
Be realistic after a home inspection, and you'll be able to make the best decision about how to proceed.
For example, a home seller who goes above and beyond the call of duty may address major home problems prior to listing his or her house on the real estate market. This home seller will dedicate the necessary time and resources to correct home problems and ensure a homebuyer is able to purchase a top-notch residence.
But what happens if a homebuyer identifies problems during a home inspection, despite the fact that a home seller already tried to correct various home issues?
A home seller should consider the homebuyer's inspection report findings closely. If minor home repairs are needed, he or she may be able to fix these problems to move forward with a home sale. Or, if a homebuyer is making exorbitant demands, a home seller may feel comfortable allowing the homebuyer to walk away from a home sale.
3. How should I proceed after a home inspection?
A home inspection can be stressful for both a home seller and a homebuyer. After the home inspection is completed, both parties will be better equipped than ever before to make informed decisions.
If a homebuyer encounters many problems with a residence, he or she will let the home seller know about these issues. Then, a home seller can complete assorted home repairs, offer a discounted price on a home or refuse to perform the requested home maintenance.
Working with a real estate agent is ideal for a home seller, particularly when it comes to home inspections. A real estate agent will negotiate with a homebuyer on your behalf and ensure you streamline the home selling process.
AI (artificial intelligence) is moving in on the homefront. And at the head of the pack is Amazon’s Echo with its assistant, Alexa. Echo comes in 3 options: a minimal hockey-puck-shaped device, a sleek tube in fashionable shades that make it a natural addition to your home decor, and a square-shaped device with a video screen, camera and mic capabilities.
Many are eager to bring home Alexa and make it the newest addition to their home but are left wondering what exactly does it do?
First, you need to teach Alexa which commands to recognize and perform. These commands are called “skills” And there is a whole library jam-packed with them. So where to start?
Create a Flash Briefing. Create your own daily update feed with the Flash Briefing option. You choose which sources you want Alexa to pull from and which time to report in. Get the weather, news and other updated while you get ready every day.
Use as an alarm in the morning - wake up to music, a radio station, the news, etc. If it’s available via Amazon Music it’s fair game.
Order a ride via Lyft or Uber. You can ask how much the trip will be and have it automatically billed to your account. Speed up getting ready to go out by coordinating your ride while you put on your final touches.
With multiple devices, you can sync music to play throughout your house. The app allows you to group all of your devices together into one cohesive house-wide system. Whether you want to listen to music, the news, a podcast or an audible book you can hear it no matter where you go - perfect for cleaning days.
Order pizza from Domino’s or Pizza Hut. Who doesn’t want pizza to arrive at their beck and call?
Tune your guitar. With this skill, Alexa plays a song for you to match and listens in until you match up perfectly. Which means you don’t need another device, app or website to keep track of.
Sync up to your Fitbit to ask for updates on your latest activity and step progress for the day. In fact, you can even get more steps in while you ask since you don’t have to sit down at the computer.
With a Wemo Smart Plug, you can enable Alexa to turn devices on and off with a simple voice command. And with their light switches, you can turn lights on, off and change the brightness to match your mood.
If you have a Hyundai, Mercedes or Ford with the right capabilities you can have Alexa start your car for you. Giving you five more minutes to grab breakfast for once.
Meditate with the Stop, Breathe, & Think meditation skill for Alexa. Just say how long you want to meditate for and settle in to clear your mind. Who said technology keeps us distracted?
And then there is always the option to ask Alexa which skills to enable. So meta!
For home sellers, renting a storage unit may prove to be a great idea, and perhaps it is easy to understand why.
A storage unit will make it simple to keep personal belongings like artwork and photographs out of sight while you sell your house. Plus, a storage unit offers a secure space for your personal belongings, one that you can quickly and effortlessly access at any time.
Although there are many wonderful reasons to rent a storage unit, choosing the right-size unit can be difficult, particularly for a first-time home seller. Lucky for you, we're here to help take the guesswork out of selecting a storage unit that suits you perfectly.
Now, let's take a look at three tips to help a home seller choose the right-size storage unit.
1. Take a Look at the Items That You Need to Store
A home seller must do everything possible to remove clutter before listing a house. And with a storage unit at your disposal, you should have no trouble keeping excess items outside your residence.
Ultimately, it is important to make a list of the items that you want to place in storage before you rent a storage unit. This will help you determine exactly how much space you'll need based on the items on your list.
For example, if you need to store a bicycle, treadmill or other large items, you may want to choose a 10' x 15' storage unit. Or, if you need to store boxes of kitchen utensils, bathroom supplies and various small items, a 5' x 5' storage unit may prove to be the ideal choice.
2. Consider How Long You'll Need a Storage Unit
With the right-size storage unit, you can protect various personal belongings until a homebuyer purchases your residence.
As you explore your storage unit options, it often helps to create a budget. That way, you can ensure that you'll have sufficient finances available to cover the costs of a storage unit for an extended period of time.
If you are unsure about your long-term finances, you may want to rent a small storage unit, thereby resulting in affordable monthly storage unit rental costs. On the other hand, if you feel comfortable with your financial situation, you may be better equipped than others to select a large storage unit.
3. Consult with a Real Estate Agent
Determining how much space you'll need in a storage unit can challenge even the most diligent home seller. Thankfully, a real estate agent can help you prepare your residence for the housing market as well as make it easy to decide how much storage space you'll need.
A real estate agent can put you in touch with storage unit providers in your city or town. In addition, he or she can offer home decluttering tips and help you get excess items into the right-size storage unit in no time at all.
Ready to rent a storage unit? With the aforementioned tips, you can select the right-size storage unit to safeguard myriad personal belongings while you sell your house.
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