Are you familiar with the term “escrow”? It has several meanings in real estate, but the most simplistic definition is that an escrow account is set up for you by your lender to pay for homeowner’s insurance and property taxes when home ownership costs are due during the course of any given year.
Basically, escrow is when an impartial third party holds on to something of value during a transaction, and in the case of real estate, buyers write an earnest money check when making an offer that is then placed in escrow. The impartial third party holds on to the check until the buyer and the seller negotiates a contract to hopefully close the deal. When in escrow, the buyer and the seller can’t touch the money. It’s in a sort of “real estate limbo”.
The reason the check is handled by a third party is to protect both parties involved. If you put down earnest money and that money goes directly to the seller, what if the seller decides to hold the earnest money as a way to negotiate? When the money is in escrow, you know that everyone involved in the transaction is treated fairly and gets what is due at the same time.
When talking with your mortgage lender, the term escrow will come up again. Terms like escrow, impound or reserves may come up. All terms mean the same thing: they are funds held by the lender to make payments for your homeowner’s insurance and property taxes. Another term, prepaids, is money collected in advance for bills to make sure there’s enough money on hand to pay when due.
What’s escrow and closing mean?
When the agreement has been made and the purchase is complete, the term “closing of escrow” will be used. Closing officers or escrow officers will sit with you and oversee the final paperwork and make sure the transfer of funds happens smoothly. During the closing, the officer wants to make sure the recording of deeds, money disbursement and all paperwork has been properly signed and recorded. The closing process does take a little bit of time, but it’s important that all conditions are met to make sure the transaction is accurate and complete.
When does a hold-back of funds happen?
Sales can still be completed with a transfer of ownership when funds are still in escrow. One example of this is if you’ve made an agreement with the seller to stay in the house for an agreed upon amount of time while their new home is completed. When participating in this “rent back” agreement, a real estate agent will advise you to have the escrow agent hold back some of the seller’s proceeds until vacating the premises entirely. The reasoning? Your new home should be left in the condition specified in your real estate contract with no damage, etc.
Sometimes during a final walk-through of the new home buyers find something wrong. Also in some cases, work cannot be done prior to the move-out date. If this happens, it’s a good idea to keep money in escrow to help with the expense. Hold-back of funds is also used in new construction, keeping money in escrow until work is completed and the paperwork is signed.
After escrow is closed and all funds have been distributed, the buyer and seller will receive a final closing statement and completed documents in the mail. Make sure the statement is reviewed carefully and if you see anything incorrect or have a question, contact the closing agent as soon as possible. Next, file the statement with all of your other important papers. When tax time comes, you’ll need to have the documents easily accessible for income tax return season.
Let me help you with your next home adventure! As a licensed Realtor® it’s my goal to help make your real estate dreams come true, sharing my knowledge of our local market as well as offering recommendations during the home buying or selling process. Looking for a new home in 2018? Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Navigating the housing market can be difficult, but most people have a tool in their pocket that they don’t realize can help get them through this stressful time: their smartphone! These powerful tools have come a long way from just making phone calls or sending text messages. Check out these seven apps that can make preparing to sell your home a breeze!
Imagine you’re walking down the sidewalk of your hometown main street and a bluebird catches your eye. That bluebird is the most perfect shade of light blue – a shade that would look exquisite on the walls of your guest room. Luckily you have the ColorSnap app by Sherwin-Williams. With a simple snapshot, this app can match your photo to find paint colors. You can then see how that particular color looks in sample scenes, in day or night lighting. ColorSnap makes painting your home even easier with its paint calculator. Simply enter your room dimensions, and it will estimate how much paint you need.
This free app allows you to take high-quality, 360-degree panorama pictures and videos for free. Do not underestimate the power of panoramas, especially in the housing market. Capture the essence and personality of your home with a panorama picture or video, and let the home speak for itself.
Good for both home buyers and sellers, Homesnap allows users to see home value estimates, taxes, lot boundaries, school zones, interior photos and more just by taking a picture. This can be used to the seller’s advantage by scoping out the competition. Based on your findings, you can adjust your selling price, increase your promotion efforts, or even up your interior design game.
Houzz is an app favorite for designers, home owners, and renovators. Its genius lies in the technology that allows you to see what furniture and products look like in your actual home. Browse through over 5 million trending products and materials, then simply use the “View in My Room” feature to see what they look like in your space. Read hundreds of articles written by design experts, and get professional advice on your home project in the “Advice” section. Houzz also has a vast database of active home improvement professionals for you to find, hire, and collaborate with.
Measuring room spaces and dimensions are probably one of the biggest hassles of home selling. MagicPlan makes this process a breeze: no need for measuring tapes, no need to move furniture, no need for expertise. It measures the space and draws floor plans by simply taking pictures. The app itself is free, but if you want to download your floorplan in PDF, JPG, SVG, DXF, CSV, or PNG formats, there is a one property plan purchase for $2.99.
Okay, of course everyone who isn’t living under a rock has heard of Pinterest. But did you know you can use their app to browse for design inspiration? If you are selling your home, your interior design should be stylish, trendy, and organized. Pinterest can help create the space of your dreams! Not only does it give inspiration, but you can search for furniture and products based on your needs. If you are more of a Do-It-Yourself person, there are many projects with step-by-step instructions on how to upgrade your home.
After spending hours on Pinterest (or is that just me?) you may be ready to start furnishing and staging your house. Ikea not only has affordable prices, but their sleek, modern style looks great in almost every space. Get inspired with their catalog, browse through furniture, optimize your space with every organizational device made on earth, and do it all while sitting in bed. Does it get any easier than that?
The time has come and gone where a home seller has to sit and worry about whether their houses will sell. Take matters into your own hands (literally) and try out one of these cool apps! If you need an extra set of eyes, a professional opinion, or help with staging your house I can help with that, too. As a licensed Realtor, it’s my goal to help you feel comfortable and confident in the selling process, so give me a call at (618) 978-2384 or email me at Sandie@SandieLaMantia.com
Selling your home can be an exciting yet (sometimes) emotional time. If you’ve been in your home for a while, every part of the house tells a story. Strolling from room to room, you can vividly remember rocking your baby to sleep in the rocker in the bedroom’s corner, your first puppy’s favorite sleeping spot in front of the fireplace, and your daughter’s Sweet 16 party in the backyard pool. So many wonderful memories have happened over so many years! With those years and memories made, you’ve also accumulated a lot of “stuff” and perhaps some spots in your home that need to be freshened up. Because it’s impossible to sell those memories with your home, it’s important to rely on staging strategies to entice the new homeowner with images that can be completely their own.
I recommend to clients that it’s best to de-clutter and thoroughly clean the home prior to placing any home on the market. It’s okay to leave a few family photos up, but best to remove most of them because when selling your home, you want to make sure the potential buyer visualizes where his or her photographs will be displayed. Straighten closets; pack up unused items and scattered toys or accessories. Today’s buyers prefer neutral colors, walls and floors, so if you have time and money in the budget to paint, it’s not a bad idea to spruce up the main living spaces.
Why is staging important? A properly staged home creates something called “lifestyle vignettes” (RealtorMag.com) for interested homebuyers. When buyers walk through a home and see a chessboard on a comfortable ottoman, placed directly in front of the stone fireplace with drinks on the end table, they begin to see themselves in the scene. As a Realtor® in the Metro-East, I know which trends are working depending on local demographics. I can help you work with current trends, letting you know which ones are working locally, so you can create a buyer’s dream house. Depending on the home, it may only require organization and some fresh paint.
When you set the stage for potential buyers to see a home filled with fun and friends, it usually also involves food. Many stagers recommend setting the tables and the bar areas with nice plates, cloth napkins and drinking glasses, using a lovely centerpiece to tie it all together. The set up doesn’t have to be overly fancy, either. Simply use matching tableware to create a home that appears perfect for entertaining, whether it’s a family breakfast or a larger gathering with friends and family in the dining room.
Simple staging techniques don’t have to cost a lot of money, either. If you want to entice buyers to walk through that front door, it’s best to stage your entryway with a nice, new welcome mat, colorful flowers or greenery and a clean, welcoming entrance. Potential homeowners often drive by homes even before they schedule a walk-through, so it makes sense that you spend some time and energy on sprucing up the front of your home, helping to make a positive first impression.
Have a dark hallway or a wall that needs a new look? Maybe you’ve taken down some family photos and need something to replace the wall decor? Mounting mirrors in strategic places of the home can do a number of wonderful things. Mirrors enlarge spaces, add modern touches to the home, and light up hallways that lack natural lighting. Mirrors hung directly across from a window or placed next to one add even more lighting to the home, pulling in more sunshine. Many stores even sell mirrors in multi-packs and sizes, creating an impressive collage display that anyone can create.
Other staging tricks that work include outfitting a bathroom with white linens, fresh new shower curtains and some spa-like accessories. After you de-clutter the bathroom, it’s easy to update any bathroom with items that turn your outdated bath into a luxury spa. To set the stage, you can roll and stack new bath towels, place special soaps in a dish on the counter, and even add an orchid or other flower next to the sink.
Staging your home may require a little bit of forethought and some financial investment, but sellers will be happy to know that most staged homes sell faster than homes without staging methods. Look at photos online or in magazines, pay attention to displays at furniture stores, and think about items in your home that you can use (and items that may need to be placed in storage) to create a cozy, lived-in ambiance in your home that’s picture-perfect. Colorful vases, lanterns, books and plants can all be used to produce those “lifestyle vignettes” buyers are looking for in a new home.
As a licensed Realtor®, it is my goal to help individuals and families sell their home with confidence. I want the process to be pleasurable and profitable. If you aren’t sure why your home hasn’t sold yet or want tips on staging your home, I can help. Contact me for all of your real estate needs at (618) 978-2384 or email me at Sandie@SandieLaMantia.com.
Have you ever stepped foot in a home during the home search process and fell in love instantly with it? Some styles and house plans simply impress us more than others. The type of home you tend to prefer may also be different depending on your stage of life. Just had a baby? You probably want the bedrooms on the same floor. Have an aging parent living with you? Two master suites would be ideal. Individual preferences and styles may change over time, but the following trends have been popular and gaining traction for many new home seekers in 2017.
Outdoor living continues to impress people looking to buy a new home. Whether seeking manicured yards in a simplified living community or finding a home that backs up to secluded woods, homeowners are taking advantage of their outdoor spaces. This trend is reminiscent of “resort-style” amenities for families wanting to enjoy their homes more than ever before. Why go on vacation when you can bring the vacation home? Pools, outdoor kitchens, and big front porches for catching up with neighbors are just some features that really enhance outdoor living. Other trends like landscaped courtyards and four-season rooms also turn a home into a retreat you may never want to leave!
The use of glass is also a popular element in homes that take advantage of outdoor living. Large, floor-to-ceiling windows are just another way to “bring the outdoors in” and enjoy the views. Living areas, even smaller ones, will benefit from added glass to make them feel larger. Some designers even incorporate sliding walls of glass and screens leading to outdoor spaces (like a pool or hot tub). More glass or easy access to the yard is just another way to take advantage of the home’s neighborhood, amenities and green space. If you live in a lovely setting, why not enjoy the beautiful view by adding more windows or French doors?
Although not surprising, the basements of today aren’t being built simply as places to store your overflow items. Nine-foot ceilings in basements continue to be quite popular, even if the homeowner isn’t planning on finishing the basement in the short term. Homes are being built with taller basement ceilings because not only does it add resale value to the home but also makes the basement more inviting and livable when planning for additional living space. Another trend has surfaced and 9-foot and 10-foot ceilings are preferable features for buyers today with a decreased interest in vaulted ceilings.
Homes today are often being built as forever homes, with “aging-in-place” accommodations still being very popular. This is a newer trend and one that has really made an impact on how people are buying and building homes. With people living longer, it makes sense to live in a home that will be comfortable for years to come. Features like main floor master suites, easy access to every part of the home (with little or no stairs) and taller bathroom counters, comfort-height toilets and walk in showers, the aging in place home can come in all sizes and styles to better suit the homeowner.
There are many trends that are popular today, going beyond just wall colors and flooring styles. Builders are also still focused on energy-efficient homes with high-tech tools to help manage the home’s heating and cooling with the intention of using no more energy than the home creates. Whether it’s an energy-saving fireplace or water efficient fixtures and appliances, the energy efficient home will continue to develop with technology.
Trends are fun to talk about, but the most important feature when looking for a new home is defining YOUR lifestyle. Your house should be the place you feel the most at ease, and as a licensed Realtor®, I have helped families find the best home for their personalized style. Whether you are selling your existing home or looking for a more suitable home to reflect your current lifestyle, I can help. Contact me for all of your real estate needs at (618) 978-2384 or email me at email@example.com.
Depending on your lifestyle and your desire for outdoor living, you may have different reasons for purchasing a home for its outdoor spaces. Some of us would prefer to have limited weekend warrior duties, preferring a small backyard or simplified living neighborhood. Others, with growing families and a love of the outdoors, may seek a home with a large yard that backs up to a wooded tree line. If beautiful outdoor living spaces make your heart skip a beat, there are wonderful home features and add-ons to enhance your outdoor living for years to come.
Outdoor rooms, a trend that has been emerging for years, is one of the best ways to fulfill your love of the outdoors. Outdoor rooms can be created by the use of architectural devices such as columns, walls, and ceilings, offering transitional spaces that extend your living spaces out into the crisp, fresh air.
Years ago, patio furniture was quite simple; functional, with not a lot of style and comfort. Outdoor furniture had a distinctive look and it definitely didn’t look like furniture that you would want to spend hours upon hours sitting on. But today’s outdoor furniture has mimicked the furniture in our living rooms, with colorful cushions, pillows, end tables and rugs, all made to withstand the elements of the outdoors (within reason) and bringing your guests outdoors, too.
Privacy is important when homeowners are looking for an outdoor room. Usually this can be accomplished with a tree line, fence or decorative wall. By creating some seclusion for your outdoor living space, not only does it offer the privacy we all crave but adds to the intimacy of your space. Not every dinner party should be interrupted by the curiosity of your next-door neighbor!
Outdoor kitchens, once deemed home features of only the rich and famous, are now achievable options for the aspiring homeowner. Outdoor kitchens can include structurally integrated fire-pits and fireplaces, TVs and custom counters built around the “grill-masters” favorite Weber grill. With comfortable seating and even a beverage refrigerator, this extension will rival many indoor kitchens. The addition of an outdoor space, like a kitchen, supports multiple functions for the homeowner. It will likely also deter guests from always entering the home if you own a pool and instead offer a defined living space for the whole family when entertaining outdoors.
Porches and decks are wonderful outdoor living spaces that have also been modernized. Porches are now being built out of composite materials, extending their life and requiring little maintenance. Screens and enclosed patio walls have turned standard decks off the great room into spaces that can even be used year-round. Offering you shelter from the sun and the elements, even when it’s raining you can still enjoy those 360° views of your backyard’s garden that you’ve worked so hard to cultivate. By adding a ceiling fan, furniture and other comfort items, your outdoor living space will be your favorite gathering spot.
Another option for shade is the Pergola. Pergolas can be added to outdoor spaces that may not have existing ceilings or overhangs, offering a way to cool off in the midday summer heat. In a variety of sizes or custom made, pergolas are also a nice decorative touch to your deck or porch. It’s a lighter, more permeable way to enhance outdoor living, but yet very effective. Adding just a little shade to an otherwise sunny spot will also mean you can decorate your patio with flowers and furniture that might not be able to tolerate the heat otherwise.
There are several outdoor living features homeowners may look for in a new home, depending on personal style preferences and interests. With my assistance, I can help you find that perfect home with incredible outdoor living spaces that suit you and your family. I know the local real estate market and have first hand experience about neighborhoods with the best green space available. If you are looking for a new place to call home, it’s time to give me a call at 618-978-2384 or contact me here so that I can help turn your dreams into reality. Happy summer!
If you have ever watched “Tiny House” shows on HGTV, you’ve probably talked about the downsizing pro’s and con’s of a smaller home. In some cases, the homes are so tiny it seems almost unrealistic to believe the families can live comfortably on top of each other every day! Even though tiny houses aren’t for everyone, there are some real benefits to downsizing your living space but it really does depend on your lifestyle.
Discussions about downsizing can begin to happen when the oldest child registers for college courses on a campus two states away. Or, if you’re lucky, you have retirement plans to escape a few months each year to a golf course community on a beach somewhere. Why keep that 3,000 square foot home when you’re only living in it part time? Whether you are tired of your oversized current home or are just in the mood for a change, downsizing might be the ideal scenario for you.
Less of a house also means less upkeep and many empty-nesters (or soon to be empty-nesters) like the freedom that a smaller sized home allows. Let’s face it, when your children get older they begin to spend less time at home. As young adults begin to leave home and venture out into the world for their education and careers, the home begins to become more tranquil with less cleaning and picking up constantly after everyone. Soon, that larger home that was filled to the brim with kid’s belongings becomes less clustered and tidier. Is it really necessary to have those empty bedrooms and closets that are barely filled anymore?
Sacrificing size does not mean you have to sacrifice amenities. There are many areas in the Edwardsville, Glen Carbon and surrounding communities that offer beautiful options for couples or smaller families wanting to downsize. Many clients still want the luxury in their smaller homes, just with less square footage. Big islands, high-end appliances and countertops with outdoor living space is still considered important to clients wanting to downsize. You may have to sacrifice smaller second bedrooms and storage spaces, but the trade-off will be worth it to get nicer amenities without too much sacrifice. Brookshire Hamlet, The Enclave at Augusta Greens, and Villas in Bethalto are just a few of many communities now focused on big living but in a smaller home footprint.
Many simplified living communities, like @ Cloverdale, are built with the empty-nesters in mind. For example, the @Cloverdale community boasts modern and functional amenities, like first floor master bedrooms, open floor plans, and spacious front porches, all within easy walking distance from downtown Edwardsville. In the @Cloverdale community, the front porch functions as an extension of the home and is the perfect place for friends to gather and make memories happen. Both @Cloverdale and Brookshire Hamlet, another simple living community, take care of the outdoor maintenance so you don’t have to.
There are many reasons homeowners decide to downsize. The good news is downsizing size doesn’t mean you have to downscale your new home’s craftsmanship. Builders today acknowledge and appreciate the fact that people are living longer, having healthier lifestyles and seeking the convenience of smaller homes as they age. The empty-nesters trend is here to stay, which means more options and variety when looking to downsize.
Take advantage of my expertise on the many wonderful communities in Edwardsville, Glen Carbon and beyond. Whether you need a larger home for a family of 8 or are looking to downsize, it’s easy to find the perfect place to call “home” in the Metro-east. I make it my priority to know the local market and have first hand experience about the many benefits living here has to offer. Ready for a change? Then it’s time to give me a call at 618-978-2384 so I can answer your questions and find you the home of your dreams, sized just right.
Spring is here and it’s time to start thinking about things to do as a family, particularly if you have younger kids spending the entire summer at home. If you are lucky to take some time off from work during the summer break, or if you have a babysitter or nanny helping out while the kids are home, there are numerous local day trip options and summer camp activities that will keep your children busy with things-to-do, education and fun.
There’s no better place for “monkeying around” than the St. Louis Zoo. Recently voted America’s Top Free Attraction, this summer playground offers enough variety for kids of all ages. Open 9am-5pm daily, there are over 15,000 animals being cared for at the zoo. Their website is perfect for planning your visit, making it easy to hit all of your favorite spots. Check it out at https://www.stlzoo.org/.
Another great day trip to St. Louis is the City Museum. But be warned: there are many nooks and crannies at the museum and keeping track of the youngest of children is not an easy task! It’s recommended that you include your cell phone number on their wristbands, and for every six kids sixteen and under, at least one adult is required. There are some age restrictions on activities and slides, so it’s best to “know before you go” and visit their website at http://www.citymuseum.org/visit/policies-and-restrictions/. Whether you love the idea of indoor “Enchanted Caves” or a 10-story Spiral Slide, the City Museum is an amazing venue filled with adventure.
If you like water parks, living in Edwardsville is a perfect place to “stay cool” when it’s hot. There are several options for splashing around, including Raging Rivers in Alton, Illinois. Water slides galore; it’s only a thirty-minute drive for a full day of fun. If you want something a little closer to home, Collinsville, Illinois offers Splash City Water Park with a lazy river, toddler area, pools, slides and more. Of course there’s also the recently built Leon Corlew Park and Splash Pad in Edwardsville, a free activity for splashing around, enjoying a picnic lunch, and soaking in the sunshine.
A local Edwardsville treasure is the Edwardsville Children’s Museum, a wonderful place for younger children to play and learn. With a number of summer programs to enjoy as well, your child will love the wonderful classes available, and you’ll love the affordability! Playgroups, crafts and more will certainly be ideal for combating your little one’s boredom this summer. Visit their website at http://edwardsvillechildrensmuseum.org/ for a complete list of museum activities and programs.
Southern Illinois University – Edwardsville is a wonderful asset for those of us living in the Glen Carbon and Edwardsville community. This university offers a variety of classes for kids during the summer months, making it easy to find something perfect for your child. Their long-running Writing Camp, for kids 8-18, is ideal for children who wish to combine learning with recreation. Children receive practical development in writing skills combined with full and vigorous activities like hiking, swimming and sports. Student to teacher ratio is 1 to 12 and children are grouped by age. Their Art Camps for kids K-12 are ideal for different ages and abilities. Want to learn more? Visit their summer camp link at http://www.siue.edu/summer/camps/index.shtml. Additional art classes are also offered year-round at the Edwardsville Arts Center (EAC) with additional options for summer camps. If you haven’t visited, you are missing out! Pottery-wheel classes, painting, and more can be found at the EAC.
Lewis and Clark Community College also offers College for Kids over the summer, providing yet another option for learning and fun. The Edwardsville N.O. Nelson Campus is host to many of the classes as well. More than 20,000 young people have participated in hands-on learning in math, science, creative arts, technology and languages since the program’s inception in 1989. Their online catalog can be found at http://www.lc.edu/c4k/.
Summertime is the perfect time to take advantage of the wonderful things to do in the Edwardsville and Glen Carbon communities. Downtown St. Louis is only a short drive away, offering so many additional options it will be easy to satisfy the entire family with summer activities. I know the local market and have first hand experience about the many benefits living here has to offer. If you are looking for a new place to call home, it’s time to give me a call at 618-978-2384 or contact me here so I can answer your questions and find you the home of your dreams.
Selling your home in the winter months can be tricky. With back- to-back holidays and usually a lot of entertaining, finding time to do it all can seem overwhelming. It’s also not the most ideal time to put a home on the market because the home, no matter how stunning, may not show as well when it’s cold, rainy, snowy and miserable outside. Plus, if there’s sleet or a snowstorm, it’s hard to get buyers to that Open House on Sunday! Guess what? There are still many things you can do to make your home look welcoming and ready for that perfect “new home shopper” this winter. People still are looking for homes and generally, there’s less competition because of a lower inventory.
Easy access. During the cold, winter months, it’s important to have a safe path to your home that is snow and ice-free. Don’t forget any side walkways or access from your driveway. This is important no matter what time of year it is, but especially important when the path to your home can be difficult to navigate due to snow and ice. When visitors pull up to the home and see you’ve made a hospitable path to the front door, they will notice.
Let there be light! I’ve said it before, but lighting is so important when trying to sell your home. Strategically open up those blinds to give off a pleasing amount of light in the home. If you want to set more of a cozy mood, utilize holiday lights on the mantel and candles at an open house. Today, there are so many variations of wickless candles and battery-powered candles it’s hard to tell which ones are real! Display the lighting properly and it will transform your room. Also, because it can be a bit more dreary outside in the winter, make sure to brighten darker rooms with open blinds and lamps in corners. Use a pop of color with pillows and throws. After all, it’s the holiday season! Take advantage of using tasteful lighting and décor.
Holiday decorations. When trying to sell your home over the holidays, it may not make sense to cover every corner of the home, every open space on the wall, with decorations. It’s best to limit the holiday décor so the potential buyer can still see the “bones” of the home. Too many holiday decorations may detract from the home itself. If you aren’t sure what may be considered “too much”, I’m happy to offer suggestions. There are also many online resources you can use for decorating ideas.
Making sense of scents. When showing our homes off, we tend to want to deodorize it with sprays, candles and oils…especially if we have pets. At some point our noses become immune to all of the smells! For guests, the smells can become overwhelming. Make sure that you keep the scents to a minimum when opening up your home for buyers, especially during this time of year because there are more good smelling, seasonal options available. Another tip is if you burn a sugar cookie candle in the entryway, it’s also a smart plan to offer cookies in the kitchen so as not to disappoint! A clean, well-kept home will always impress the eyes AND the nose. It’s fine to add a holiday scent to the mix, just don’t overdo it.
It’s all in the mood you create. With the winter weather, you have the perfect environment for bringing buyers into your cozy, warm home. Especially during the holidays, most of us relish the time we spend enjoying family, friends, and entertaining. The stage is set! Now is your chance to showcase your home to its best potential. Hang those fluffy robes in the master bath, use fresh pine in the entryway, hang wreaths and place dried, winter flowers around the home. When you sell your home, you are also selling a vision of things to come and memories made within it.
It’s a bustling time of year; so don’t add undue stress to it. There are small things you can do to show off your home’s beauty and potential, without having to start a big remodeling project this holiday season. Adding less stress to this already busy time will let you focus on your family and the year ahead. Want more expert advice? Contact me at 618-978-2384 or by email. I’m sure I can find you the perfect home, making 2017 the best year yet. Happy Holidays!
Did I get your attention? Good! I’ve been a Realtor for some time now, and one of the most common questions clients ask me is “what should I be doing to get my home ready for sale?” We all know that people searching for that new, perfect home have different decorating tastes, style preferences, likes and dislikes. If someone absolutely needs a dining room for entertaining and your house has a small eat-in kitchen, your home probably is not going to make that “final cut.” Structural and design elements aside, there are things sellers can do when preparing their homes for sale. And, it has nothing to do with wall colors!
Working in real estate, I have a solid understanding of local neighborhoods and market pricing. If you aren’t exactly sure of your home’s asking price, I am happy to help. If your aunt in St. Louis tells you she read an article that the market “is very active” and “inventory is low”, suggesting you should sell your home for more than its market value, don’t get too excited. Just because inventory may be low doesn’t make it a “seller’s market”. There are several things to consider when pricing your home, and it’s important to rely on a skilled realtor that has experience selling homes in your neighborhood. An accurate listing price is an important step in the right direction when selling your home.
Just because you don’t have a large yard or front porch reminiscent of a Southern Living magazine cover, doesn’t mean you can’t impress buyers with snazzy curb appeal. Take advantage of the spring/summer sunshine and blooming plants and flowers to add color to your entryway. A little work on the outside of your home truly attracts buyers, making them want to stop the car and take a peek inside. I also recommend a new coat of paint to the front door, fresh mulch to the landscaping and trimmed bushes. A little power washing of the driveway and sidewalks also go a long way when wanting to attract new homebuyers.
De-cluttering the home.
This tip probably surprises no one, but you’d be surprised how many homes go on the market with too much clutter. Too much clutter really distracts buyers from the home itself. Last month I wrote about home staging to entice buyers, and removing clutter from the home is an important way sellers make buyers feel comfortable as their home’s prospective new occupants. Too many knick-knacks have the opposite effect of what proper home staging can do. You want buyers to focus on the house itself and not notice the furniture crammed into one room, or disorganized personalized items scattered around, including too many family photos. When de-cluttering, focus on your home and the space it provides, decorating with minimal items.
The garage is living space, too.
The garage, much like an unfinished basement, sometimes gets neglected when it’s time to clean and de-clutter before an open house or walk-through. Prospective buyers do look at the overall condition of a home, and that includes a garage. Many families need bike storage to go along with scooters, camping equipment and a place to store their children’s sports equipment. Quite often, these items end up in a garage and potential homeowners will want to see if your garage has the storage they need. Before preparing for your house to go on the market, make sure you sweep, dust the cobwebs, and organize the toys into their proper spots. No one wants to see oil drips on the floor, either.
Smell…one of the 5 tips (and senses) that get overlooked.
We live in our homes every day, and sometimes we stop smelling the odors that others may notice right away. Own several animals? It’s likely there’s a smell to that cat litter box you may not realize is there. Have a baby still in diapers? Even the “new and improved” Diaper Genie can’t mask the diaper smell! When getting your house ready to sell, clean the rugs, empty the trash cans, use freshly fragranced cleaning supplies to dust and mop, and clean fingerprints off of those stainless steel appliances. Believe it or not, buyers often open the refrigerator and oven doors so make sure they are clean and ready to be seen (and sniffed)!
As a licensed Realtor, I know the local market and what homes are selling for in your area. If you are planning on selling your home, I have the experience and knowledge you want. Contact me at 618-978-2384 for your real estate needs and realistic tips for selling your home, making the process a pleasurable one. I look forward to working with you; selling your home and helping you find the new home of your dreams.
We’ve all seen the shows on HGTV that can remarkably take a fixer-upper and turn it into a home that not only looks completely different, but has the “wow factor” that people want when staging their home for resale. Not only are the remodeled homes structurally updated in many cases, they are also beautifully staged with on trend lighting, furniture, pops of color, greenery and appealing home décor. Most experts agree that a home with furniture helps sell a house, and properly staging that same home allows the seller to appeal to the pickiest of buyers. A well-staged home will stand out from the pack! Here are some of the latest trends based on an article from the National Association of Realtors.
Know your market. A big part of staging is creating a lifestyle in the home for sale that appeals to the demographic. For example, if your home is on the outskirts of town in the country, using a modern, city-loft appeal for décor is less likely to be effective. It’s important to research the distinct neighborhood characteristics and incorporate that into staging your home.
Get glam! Believe it or not, a current trend is adding a little bit of sparkle to décor. Whether it’s a decorative pillow stitched in shiny silver thread or a sparkly picture frame, adding silver is the trendier version of the popular shades of gray. Smaller doses of golden glimmer are also being used in staging, accommodating more of a “vintage” vibe. Both trends work well with modern, glass-top tables, mirrors and the incorporation of metallic bedding, throws, and fabrics.
Color pop. Today’s walls are more neutral, while pops of color are being combined in different ways with home décor. The article refers to this recent trend as “movable color”. The benefit of using accent colors in your pillows, vases, and area rugs is simple: it’s easier to change things up a bit, moving colors from room to room or simply changing the entire “feel” of a room with a few, personalized items. Popular colors forecasted for this year are navy, purples, and blue accent colors.
Outdoor spaces. More and more of us are retreating to the home for entertaining. Whether it’s a small gathering with friends or a loved one’s birthday celebration, there’s been a recent resurgence in home entertainment with a focus on comfortable outdoor spaces. Outdoor dining, kitchens and water features top the list of enhancing those exterior spaces. Throw in a comfy all-weather couch and a walkway leading to the backyard garden, and you will certainly impress buyers with a little piece of outdoor living at its best.
Get in the mood! Mood lighting is always something to consider when staging your home. The power of using the correct lights in certain spaces can really add to the way buyers perceive your home. Ambient lighting is being used more and more to enhance living spaces. Wrought iron lamps, colorful lampshades and metallic lamp bases will all convey very different feelings, textures and sense of space. If your small sitting room seems to be missing some pizzazz, perhaps it’s time to add some mood lighting! You’ll be amazed how a certain lamp can transform the room.
Go green. The “going green” buzzword is a popular one in home building, real estate and home decorating. Repurposing old furniture, using twigs from outside as filler for a vase and displaying your antique storage chest as a coffee table are all variations of popular techniques used in home staging. Bringing the outdoors in, whether with barn wood or weathered antiques, gives any home that “lived in appeal”, adding a personalized touch.
When staging your home, it’s okay to add a little bit of your own taste into your living spaces. However, it’s important to remember that you are trying to appeal to a new potential buyer, which means de-clutter, re-organization and strategic staging is key. In a market with unsold inventory and empty homes, staging will perk up your property and separate it from the cold, vacant listings that lack appeal and a sense of warmth and personality.
As a licensed Realtor, I know the local market and have first hand experience in what potential buyers look for in our area. If you are planning on buying a new home, or selling your existing home, I have the experience and knowledge you want. Contact me at 618-978-2384 for your real estate needs and staging recommendations while the mortgage rates are still low. I look forward to helping find you and your family an ideal home for making new memories!