Friday, November 29, 2019 / by Elizabeth Sorensen
What is a home warranty and who needs them? A home warranty is similar to insurance, as it covers some or all of the costs of replacements or repairs when a system in your home malfunctions or stops working altogether. They range in annual costs of $300-$900 and remove the middle man in the fixing process. Instead of finding someone to fix an issue, you will directly contact your warranty provider and they will set up the repair or replacement with the appropriate vendors. Your premium usually covers all costs, with the exception of a co-pay which is typically around $50.
If you’re wondering who should buy a warranty, they are usually recommended for first time home buyers who have rented up until that point. When you are used to having a landlord, a home warranty can fill that role in a different way. Home warranties are great for homes with both members in the work-force outside of the house or just busy family members who can’t always be home to wait for the r ...
Friday, November 22, 2019 / by Jody Lee
Deciding to sell your home and buy another one can be a stressful transition. Just making the decision that you need to downsize, upsize, relocate, or just want a different style of home can be difficult. Now the questions start to mound on how to make this happen, do you sell first, or do you buy first?
Finances are going to play a big role in determining how this will all play out. Can you pay cash for the new home while still living in the old one? Being able to buy your other home and having the convenience of staying in your home until it closes reduces a lot of stress, especially should a delay in closing happen. You also will not be leaving your home constantly for protentional buyers and keeping your home show-ready.
Have you spoke to your lender, and they say you will need the equity out of the first home sale to use to buy the new one? These are the types of questions that will need to be determined before even putting your first home on the market.
Get you home ready to ...
Thursday, November 21, 2019 / by Elizabeth Sorensen
Winter is quickly approaching and cold weather is coming right along with it. If you’re thinking of selling your home during the colder months, now is the time to take care of prepping your home for the winter season. Before the deep freeze hits, you’ll want to make sure you’ve done your seasonal maintenance. By preparing for the impending weather, you can address any issues that may get worse with colder temperatures or just keep your home in the best condition to make sure your property is in top shape no matter the season. Here is a great reference checklist to make sure you’re doing the basics to get your home ready for the cold- whether you plan to list your home or not!
1. Rake it up.
Everyone loves the changing leaves, except your grass. Leaving fallen leaves in your yard can kill you grass and prevent growth in the spring. Make sure you keep those leaves raked up!
2. Check your gutters.
Those same leaves that can kill your grass can also clog ...
Monday, November 18, 2019 / by Katrina Miller
Congrats you have made the move and you listed your home for whatever reason! But you are not seeing results and getting frustrated. I am sure all your friends and coworkers have an answer for you but I'm here to tell you exactly what you need to do to make your home sell. Buckle up and read on.
1. Your home is OVERPRICED!
Honestly, this is probably why your home is still sitting on the market. Today's consumers have every piece of information at their fingertips. They can see what every house on your block sold for and how long it was on the market. With this information, they can estimate what they think your home is worth and if it overpriced they might not even come take a look. Make sure your Realtor takes the time to explain to you what your home is really worth and try that price if you are in a rut. Make adjustments at $5,000 at a time and see if anyone bites.
"Staging" consists of decluttering, rearranging your furniture so it's appealing t ...
Saturday, November 16, 2019 / by Keri McCombs
It's that time again! Time for your weekly real estate market update for the Spokane County, WA area.
The cold and dreary weather is settling in nicely (not sure if nicely is the best word for this situation ha!) and daylight savings has now happened. Which means for our area, it's now getting dark at 4:30pm. Yikes! That will really cause people to settle into their warm, cozy homes after work and not want to go outside!
Contrary to what the weather is doing though, our market isn't seeing that much of a slowdown. Yes, there has been a decline in sales. Yes, there has been a decline in number of homes coming on the market. But remember, it's all relative. The number of buyers has also declined. So although sales have seen a drop by about 25%, we're still seeing a highly active market. In fact, this time of year is when many buyers actually start looking because they avoid the mad rush in the spring and summer and they have way less competition.