What you don’t know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call Tom Verhelst at 218-205-2604 | Karen Zell at 218-731-6836. to discuss how we can help sell your house.
When we look back at history, we’ll likely find our pandemic and post pandemic real estate market is highly unique. Industry experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace.
Mold infestations are one of the major concerns to homeowners and may be a deal breaker for buyers. It ranks close behind termite and roof damage in terms of turning off a potential sale. It is unsightly, has an unpleasant odor, and can be unhealthy to humans.
Your house has sold, and you have a new home to move into. Check that off your list. But that’s only part of the moving process. You can save money on the move and have extra cash for new accessories to make this home your own. Plan ahead and take advantages of freebies offered when moving to a new home.
Rising home prices are good news if you are planning to sell your home this year. Understanding why they are rising may help you realize the full benefit of this trend, including the increased equity in your home right now.
Are you looking to ramp up the curb appeal when selling your home, or just dreaming of dining beneath the stars this summer? Here are some affordable tips for sprucing up outdoor spaces to help you meet your end goal, and get some extra enjoyment out the summer before moving. The project doesn’t have to be big or expensive to be full of appeal.
When selling your home, you can expect the buyer to request a home inspection. It’s to the buyer’s benefit to identify any potential problems that owners have not already disclosed. You may get an extensive list of potential fixes suggested by the inspector and wonder how you will ever come out ahead if you fix them all. But rest assured, some fixes may not be necessary, especially in a seller’s market.
Real estate trends have been a bit unexpected, starting with the pandemic, and continuing through 2021. While there was early caution over COVID-19 slowing real estate activity, demand in many communities has risen. At the same time, economic uncertainty kept many homeowners in place, especially those that refinanced with historically low interest rates, creating a shortage in inventory. Supply chain woes slowed new construction. Yet, people continue to look for new homes, with high demand expected to continue, even as interest rates rise. Lets take a look at state and local data over the past year.
Sellers might be wondering if putting their home on the market in the winter will result in a sale. Though the snowy months are generally a slow time for home sales, this past year has been anything but typical. So, should you try to sell your home now?
Rising mortgage interest rates could be a curse or a blessing for prospective homebuyers, depending on a host of factors. With a housing shortage, builders unable to meet demand, and millennials wanting to become homeowners, rising interest rates are a new wrinkle in the home buying challenge.
Whether you are selling or just curious about its value, it’s crucial to know your property’s worth—and if your real estate investment has improved during your tenure. You can get some basic information online. Drilling down that magic number can help you decide if you should sell and what you might gain from doing so.
