Buying A Brand New Home In A New Subdivision Is Risky

Homebuilders and decorators make it very alluring; there is no doubt about it.   But yes, buying a brand new home in a new subdivision is risky.  Some homeowners have certainly found themselves in an uphill battle when the time comes to sell.  Competing with homebuilders, still actively building in the subdivision, when the unexpected or a relocation arises, can be tough.   The uphill battle will last as long as new construction continues in the neighborhood.  Builders will usually start discounting in order to complete one subdivision as they start building in another location.

A pre-owned home will always be a safer choice if there is any possibility of moving in less than 5-7 years. Continue reading

Factors Why Your Home Is Not Selling

The factors below will help determine the reasons for your home not selling.  If your home has been listed longer than 4 months (or longer than average DOM / days on market for the area),  Buyers already perceive your home as a stale listing.    Right now is the time to do some damage control! Continue reading

Baby Boomers Downsize Homes To Age In Place

As we get older we need to consider where we want to ‘age in place’.  Remaining in our home may be just too much to handle, especially if it’s too large or in need of repairs.  A large two story home certainly doesn’t meet our needs any longer.  We question ourselves if we should sell and downsize to smaller home or invest our equity and just lease.  Or, would it be better to hire someone to make modifications in order to remain where we are. Continue reading

Atypical Home Pitfall In Relocation Guaranteed Buyout Program

A Corporate Relocation Package can include some nice employee benefits when their employee is relocated to another city. The range of benefits vary, depending on the transferee tier level and whether you are buying or selling a home, or both.  One of the most desirable benefits, not offered to all employees who need to sell a home, is the Guaranteed Buyout Program.  This is a benefit where the employer buys the transferee’s home, after being actively marketed by a real estate agent for a specified period of time.  Due to the employer assuming the risk of ownership, for the employee, the company can restrict certain types and atypical homes from the buyout benefit. Continue reading

Why Hiring the ‘Neighborhood Agent’ Could be a Big Mistake

You might want to re-evaluate automatically hiring the self proclaimed “Neighborhood Agent” to sell your home.  Just because they live in the neighborhood isn’t reason enough to hire them, as they would have you to believe, and most certainly doesn’t mean they are your best choice. Here’s why. Continue reading

Why Choosing the Right Real Estate Agent Is Critical

Why choosing the right real estate agent is critical

Whether you have decided to sell your current home, or if you are in the market for your dream house, it is essential to find the right real estate agent to help you. The question then becomes, “How do you choose?” Continue reading