Real Estate Information Archive

Many times when someone puts their house on the market they are so excited at the possibility of getting their home sold quickly that they lose their bearings a bit when they finally have a serious buyer.  You as the seller need to be sure not to say too much to your potential buyer so that you don’t end up losing the sale before you get it.  Below are a few things you shouldn’t say when selling your home. 

Things You Shouldn't Say When Selling

• Be careful not to tell your potential home buyer  that your house is in top shape and that there is absolutely nothing wrong with it.  You most likely don’t know if your house is in perfect shape and will only know for sure the shape that it is in when the inspector comes to do his or her job.  There is nothing wrong with verbally selling your home to a potential buyer but be careful not to say things unless you know for certain those things are true. 
• Another good thing to keep to yourself when it comes to talking to a potential buyer of your home is exactly how long your home has been on the market.  It is likely that the buyer already knows how long your home has been on the market and if you talk too much about that, they may try to get you to lower your price as a result.  Information about your house that is already in the system doesn’t need to be shared over and over again.  Let the house speak for itself. 
• There is also no need to talk to a potential buyer about how much you spent on remodeling different areas inside the home.  The buyer doesn’t really care how much you spent fixing “x,y,z” , they just want a good and fair price.
• If you talk to your potential buyers and you tell them that you are not willing to negotiate on the price from the start, it is likely that they buyer will shut down and won’t even make an offer.  Always be willing to negotiate and have a set lowest price in your mind and then don’t go below that price. 

Of course your number one priority when trying to sell your home is to sell it, however take a few of these  tips of what not to say to a potential buyer  to heart and you will likely end up with the result you are looking for. 

Courtesy of New Castle County DE Realtor Tucker Robbins.

Whether you are selling your home or you are looking to buy a home, there are a few things that you need to know to help your home inspection go as well as it possibly can.  Home buyers need to know that the house they are buying is in good shape and home sellers need to be on the up and up when selling their home. When it comes to home inspections there are a few tips that can help the inspection go smoothly and the process be as stress free as possible. 

• If you are selling your home and you have a home inspection on the schedule, do your part to make it easy on the inspector by getting your pets out of the house while he or she is doing the inspection.  Your home inspector may love and adore animals as much as you do but your pets being under their feet during the inspection will not make the job any easier. 
• During a home inspection, typically the potential buyers are inside alone with the inspector and they may want to look around to take one last look at things before making a final decision.  If you want to make a good impression on those potential buyers, you may want to clean up the clutter you have left laying around.  Believe it or not clutter can cause a potential home buyer to walk away without making an offer.
• As a home buyer don’t freak out if the home inspector comes up with a list of things that need to be taken care of in the house.  You need to realize that most houses have some sort of upkeep or maintenance that needs to be taken care of and that inspector’s are known for being nitpicky.   Realize too that most everything can be fixed.  Even the dreaded mold and radon.  Realize as well that home inspectors cannot predict the future and won’t be able to tell you how long something will last; they will just be able to tell you that it needs attention. 

Hopefully these tips will help you out the next time you have a home inspector coming to your home, whether you are selling or buying.  Remember that the home inspector is there to help you not to harm you or to ruin your dreams.

Courtesy of New Castle County Real Estate Expert Tucker Robbins.

Many Americans start the New Year by resolving to improve their lives by exercising more, losing weight or making other changes. Based on research findings, one in five should resolve to put their financial house in order.

Research by Mass Mutual shows that many Americans struggle with their personal finances, especially when it comes to making the most of their employee benefits:

• 22 percent of Americans admit they don’t understand their personal finances
• 22 percent don’t know which employee benefits such as healthcare coverage, life or disability insurance or retirement savings should be a priority
• 42 percent say they don’t know if they are on track to retire comfortably
• 64 percent don’t know the details of their life insurance

Many people muddle through personal financial decisions and simply hope for the best. Unfortunately, all too often people make the wrong choices and risk leaving themselves unprepared for life’s financial realities. Making the right choices can lead to greater peace of mind.

Financial planning is a discipline built on a hierarchy of needs. Psychologist Abraham Maslow first introduced the hierarchy in the form of a pyramid to explain human behavior, starting with basic needs such as food and shelter at the bottom or foundation. Other needs build from there, in order of priority, including safety, social connections, self-esteem and, at the top of the pyramid, growth.

According to Maslow’s theory, basic needs must be satisfied before higher needs can be addressed. Food, water and shelter take priority over other needs such as whether or not your car has heated seats or a sun roof.

The hierarchy of needs works well when establishing financial priorities and making financial decisions. The layers of the pyramid can be matched to financial planning choices and even benefits selections:

Be Safe

The foundation of the pyramid is safety. Most people and their families need financial protection from dying prematurely, suffering a long-term or even a short-term disability, or becoming seriously ill. That means most people should prioritize signing up for healthcare coverage, life and disability insurance.

Build Savings

Once financial protection is in place, many of us should address shorter-term goals such as accumulating personal savings, building up cash for emergencies, and eliminating short-term debts such as credit card balances and car loans. Purchasing critical illness coverage can help protect savings, potentially avoid future debts, or provide a financial cushion in the event you or someone in your family suffers a serious illness or injury.

Plan for Retirement

Next, most of us need to plan for the future, which means building wealth and reducing debt over the long term. Saving for retirement through an employer’s 401(k) or other retirement savings program is a good long-term priority. Other long-term goals should be saving for college if you have children and eliminating mortgage debt.

Pursue Dreams

Those who accomplish those goals and who are fortunate enough to have additional financial resources can then consider their financial dreams that fall into the esteem and growth categories. Travel, pursuing expensive hobbies, purchasing a vacation home and other goals should be pursued only after other needs are met.

We all have important financial needs, wants and dreams. The key is to understand the difference and to take care of your most basic protection needs first. Your employer’s benefit package should be a place to start. (BPT)

Moving into a new home is exciting — for the humans in the family. It can be less comfortable for pets who need time to adjust to a new environment, learn their way around and discover the best nap spots in their new home. As a loving pet parent, you want every member of your family to be as happy and comfortable as possible. Here are some tips to make your home more welcoming to your four-legged family members: 

Convenient Dining 

Your furry friend will need his own space for meals — unless you don’t mind him begging at the table when you eat! Make sure he has a bowl that is appropriate for his size and always clean it between meals.  

Vets recommend feeding pets only once or twice a day, so you’ll want to stow away bowls when they’re not in use.

Hang-out Space 

Dogs and cats spend a lot of their day napping and relaxing, so be sure to provide a variety of spaces for your pet to just hang out — with you or on his own.

Sun-rooms are also great for both pets and their humans to enjoy the feeling of al-fresco dining while remaining securely inside. Sun worshipping pets can also catch some rays while hanging out. 

Helpful Grooming Stations 

While many dogs enjoy a bath now and then, the process can be messy at home. Including a pet wash station with a hand-held hose in the mudroom ensures you’ll be able to clean up your dirty pup before he drags dirt through the house. Make sure you outfit your wash station with an ample supply of soft, absorbent towels, dog shampoo and all the grooming tools you’ll need to keep your pup looking great. 

Safe and Happy Outdoors 

Many pets enjoy a good romp outdoors, and you want your companion to be able to safely play in his outdoor environment. Start by adding a fence if you don’t already have one. Choose one with vertical slats or rails close enough together that a pet can’t slip through, and high enough that he or she can’t jump over it. Next, be sure your pet has plenty of shady spots where he can hide, nap or just chill. Consider adding an outdoor pet fountain so pets always have access to fresh water, and a pet door to allow your dog or cat to easily come and go from your backyard. 

Cosmetic Concerns 

Unless you have a rare hairless breed, you probably deal with pet hair daily. As you’re decorating your new home, remember choosing carpeting close in color to your pet’s coat will make shed hair less visible. You should also keep in mind the size of your dog as you’re choosing hard flooring. Sturdy laminates will hold up better if you have large dogs in the house, while smaller dogs and cats may have trouble getting traction on vinyl or hardwood floors. 

When you’re buying a home, it’s important that you consider every member of the family, and pets are a huge part of our families. (BPT)

Did you know that you are entitled to a free credit report once a year from all of the major credit reporting companies?  I don’t know about you but that is news to me!  If you are in the market to purchase a new home and have not had your credit report pulled lately you may be happy to find this news out!  By checking your credit report before you purchase a home or for any other reason for that matter you will be able to  see if there is anything on your credit report that is not accurate and remove it and you may also be able to find out if you have been the latest victim of identity theft.  The major credit reporting companies are Equifax, TransUnion, and Experian.  If you want to get your yearly free credit report  all you have to do is go to each of these sites and click on “Request Your Credit Reports”.  You can also send a letter to each of the three major credit reporting companies.   A few tips to follow are below.

• Be sure that if you get on a credit report website and are asked for money that you do not respond. There are many hackers out there trying to get your information and this is just one of the many ways in which they do it. 
• Do not give out your social security number unless you are on a site that you know is secure. 
• Check your credit report every four months or so to be sure that your account hasn’t been compromised. 
• There are credit monitoring companies you can hire to keep a watchful eye on your credit report if you feel it is necessary to do so. 

Again, be sure that you are not asked for any monies when trying to get your free credit report. Be assured that there are many companies out there that claim they will give you a free credit report only to ask you for your credit card information at the very last step.  Step away from those companies and continue with your search until you find one that lets you leave the page without asking for any form of payment.  Once you get your report you can then be on your way to making any changes needed to help improve your score.  When you get your credit where you want it and where it needs to be, the world will open up to you in ways you never thought possible. 

Courtesy of Wilmington DE Real Estate Expert Tucker Robbins.

If you are thinking of selling your home this spring why not get started on some home improvements so that you can get your house ready to put on the market!  Below are a few ways you can get started on home improvements both inside and out.

• A fresh coat of paint inside your home is a great way to improve the way your home looks and get it ready to put on the market.   Try to keep a neutral theme if you can when painting because you want others to be able to see themselves living in your home and not the other way around.  You will likely be amazed at just how much difference a fresh coat of paint will make to your home. 
• Panting your front door a color that pops is a great way to get awesome curb appeal.  Many folks will love your home simply because it has a red door and it stands out above all the others in the neighborhood.  Use a pop of color on your front door to your advantage when trying to sell your home!
• Pressure washing your home is a great way to make it shine if your home is vinyl siding.  You may have lived in your house so long that you forgot what color your siding actually is until you pressure wash it.  This is another way to have great curb appeal when you put your house on the market. 
• If your house has columns at the front it may be a good time to replace them or at least give them a fresh coat of paint.  Over the years columns tend to expand and crack and make the house look older than it actually is.  Give your home a facelift by taking care of issues like these before you put it on the market.
• Refinishing your hardwoods is another way to make your home look its best.  You can do this yourself or you may want to choose to hire someone to do it for you.  Either way, refinishing your hardwoods is a great home improvement idea!

Courtesy of New Castle County DE Real Estate Expert Tucker Robbins.