Tony Nakhle
RE/MAX Landmark, Realtors | 781-589-5622 | tnakhle@landmarkweb.com


Posted by Tony Nakhle on 12/9/2018

Promoting a house to potential buyers sometimes can be difficult. Fortunately, there are lots of things that you can do to stir up interest in your residence.

Now, let's take a look at three tips to help you promote your residence to buyers.

1. Upgrade Your Home's Curb Appeal

Amazing curb appeal is essential, particularly for a seller who wants to differentiate his or her house from other available residences. If your house boasts outstanding curb appeal, it is likely to make a positive first impression on buyers. And as a result, buyers may be more likely to request showings to view your home in comparison to other available houses in your city or town.

To upgrade your house's curb appeal, you should mow the lawn, trim the hedges and remove dirt and debris from exterior walkways. Also, devote time and resources to repair any damaged home siding.

If you require assistance with home exterior enhancements, you can reach out to local contractors as well. In fact, these professionals can help you transform your home's exterior from drab to fab in no time at all.

2. Create an Engaging Home Listing

An engaging home listing makes it easy for buyers to learn about your home. It is clear and concise, and as such, enables buyers to determine if your home matches their expectations.

To craft an engaging home listing, it often helps to make a list of your home's features. If you include relevant information about your house in your listing, you can teach buyers about your residence.

In addition, you may want to include high-resolution images of your home in your listing. With high-resolution images, you can show off the true beauty of your house to potential buyers.

3. Use Social Media to Your Advantage

If you create a home listing, you can share this listing on Facebook, Twitter and other social networks. By doing so, you can make it simple for buyers to learn about your residence.

Don't forget to share your home listing with family members and friends as well. If loved ones can access your home listing, they can share it with others and help you promote your residence to as many potential buyers as possible.

For a seller who is worried about generating interest in his or her home, you may want to hire a real estate agent. If you employ a real estate agent, you can receive expert assistance as you navigate the house selling cycle.

A real estate agent understands what it takes to promote a house to buyers in any housing market, at any time. He or she will develop an in-depth plan to showcase your residence to prospective buyers. Plus, a real estate agent will help you analyze any offers to purchase your home and ensure you can optimize your house sale earnings.

Use the aforementioned tips, and you can promote your residence to potential buyers and speed up the home selling journey.




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Posted by Tony Nakhle on 12/2/2018

After a move, everything feels fresh and energizing. This is, of course, in part because of the energy that comes with a big change. But it also comes from having a neatly, organized home. In the jumble of packing and unpacking, junk gets tossed and items get new homes. Everything gets a new dedicated area where it belongs. Everything is tidy, as it should be.

So how then can you maintain this wonderful feeling and continue to keep things neat and tidy?

First, you need to make a daily habit of doing a quick clean sweep every day. Whether you do it in the morning, afternoon or before bed isnít important. What is important is that you do it every day.

Go through the house to make to corral up stray dishes, put items back into their dedicated places, and give homes to those who donít have one yet.

And if you canít think of somewhere to put it? Question its purpose and consider either donating or tossing it.

Aim to keep your surfaces clear of items. Allowing things to accumulate is one of the fastest for clutter to quickly take over. Stop it in its track by tidying up when youíre done using this ďstationĒ of your home.

Practice not being ďlazyĒ. If you bring your tea to sip on the couch when you leave the room take your mug with you straight to the dishwasher. If you finished the last of the chips put the clip away where it belongs instead of leaving it out on the counter. Put pens back away after using them to jot out notes. Recycle magazines when you're done reading them.

If you find things are building up as clutter quickly you might have too much stuff. Which is okay, it happens!

Decluttering isnít a one and done process. We need to consistently be assessing the things that collect in our homes and what benefit they are adding to your life. Sometimes we once used all the time have fallen out of favor or need to be repaired/replaced.

Make time once a month for a quick declutter session and once a season for a more detailed one.

And the best way to avoid clutter is to closely monitor what youíre allowing to come into your home in the first place. If you find you love to take things home just because they were free or on sale, itís important to take a step back and ask yourself why.

After all, the less stuff we have in our homes the less there is to manage. Which means more time spent doing what you enjoy doing, like spending time with your family, and less time organizing it all.

 





Posted by Tony Nakhle on 11/25/2018

Believe it or not, the process of buying a home can become long and complicated. And if you're not careful, you may encounter many hurdles that prevent you from acquiring your dream residence.

Lucky for you, we're here to teach you about the ins and outs of buying a house and help you simplify the process of going from homebuyer to homeowner.

Now, let's take a look at three common misconceptions associated with buying a home.

1. You will be able to acquire a house in a matter of days.

The process of locating your dream home is unlikely to happen overnight. Instead, a homebuyer usually will need to perform extensive housing market research to discover a residence that meets or exceeds his or her expectations.

Typically, a homebuyer will look at several houses before he or she can find the right residence. This homebuyer then will need to submit an offer on a house. And if a home seller accepts the homebuyer's proposal, a home inspection will need to be completed before a home purchase is finalized.

It is important to set realistic expectations for your home search. In most instances, it may take a few weeks or months to find your perfect residence. But with a diligent approach to your home search, you'll be able to discover a house that can serve you well for years to come.

2. You will be able to buy a home for less than a property's initial asking price.

Understanding the differences between a buyer's market and a seller's market is essential for a homebuyer.

In a buyer's market, many high-quality residences are available. This market usually favors homebuyers, and in many instances, enables property buyers to secure great houses at budget-friendly prices.

On the other hand, a seller's market features a shortage of first-rate properties. As a result, this market favors home sellers, and many homebuyers may compete with one another to secure the best houses.

Regardless of whether you're operating in a buyer's or seller's market, it is paramount to avoid the temptation to submit a "lowball" offer on a residence. By doing so, a homebuyer can minimize the risk of missing out on an opportunity to acquire his or her perfect residence.

3. You can find your dream home without help from a real estate agent.

When it comes to buying a house, the early bird catches the worm. Therefore, an informed, persistent homebuyer is more likely than others to locate a terrific home at an affordable price.

Ultimately, working with a real estate agent is ideal. With a real estate agent at your side, you can receive expert assistance throughout the homebuying journey.

A real estate agent will set up home showings, keep you up to date about new houses as they become available and much more. He or she also will respond to your homebuying questions and ensure you can acquire a stellar home in no time at all.

Take the guesswork out of buying a house Ė collaborate with a real estate agent, and you can make your homeownership dreams come true.




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Posted by Tony Nakhle on 11/18/2018

If you want to enjoy a fast, profitable home selling experience, it helps to prepare as much as possible. In fact, if you craft a home selling strategy, you should have no trouble achieving your home selling goals.

Now, let's take a look at three tips to help you create a successful home selling strategy.

1. Consider the Buyer's Perspective

Think about how a homebuyer may perceive your house. Then, you can prioritize assorted home improvement projects and incorporate them into your home selling strategy.

For example, if your home's front lawn is messy and cluttered, now may prove to be a good time to hire a professional landscaping company. With support from this company, you can transform a subpar front lawn into a stunning one and bolster your house's curb appeal.

On the other hand, if you find that your home interior needs to be updated, you should perform assorted home interior upgrades. By doing so, you can enhance your house's interior and make it easy for buyers to fall in love with your residence.

2. Assess Your House Both Inside and Out

Ultimately, a home seller's goal is to maximize the profits from his or her home sale. If you include a home inspection as part of your home selling strategy, you can take the necessary steps to upgrade your house prior to listing it.

During a home inspection, a property expert will analyze your residence both inside and out. When the home inspection is finished, the property expert will provide you with an inspection report that details his or her findings.

Review a home inspection report closely. This report contains valuable insights that you can use to enhance your home's exterior and interior. It also may help you discover innovative ways to improve your house's value.

3. Collaborate with a Real Estate Agent

When it comes to crafting a home selling strategy, there is no need to work alone. Luckily, you can hire a real estate agent who can help you put together a successful home selling strategy in no time at all.

A real estate agent will teach you about the real estate market and help you set realistic home selling expectations. In addition, this housing market professional is happy to provide you with expert home selling insights to ensure you can optimize the value of your house.

Moreover, a real estate agent can offer comprehensive support at each stage of the home selling journey. He or she can help you list your house and promote it to the right groups of buyers. Plus, a real estate agent can provide recommendations as you review a home offer and ensure you can make an informed decision about whether to accept, reject or counter a proposal.

If you want to get the best-possible results from the home selling journey, it helps to establish a home selling strategy. Use the aforementioned tips, and you can craft a successful plan to sell your house.




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Posted by Tony Nakhle on 11/11/2018

Youíve been paying off your mortgage for 10 years, building equity while making careful financial decisions to ensure that youíre on track to pay off your mortgage. So, all of those payments are essentially money in the bank for you, right?

Not quite. The equity youíve built toward is home isnít really accessible until you either fully pay off the home, sell your home and use your equity toward a down payment, or use it to take out a second mortgage.

In todayís article, weíre going to be talking about second mortgages--what they are, when to use them, and when you should seek out other options. Hopefully, by the end, youíll be able to make a more informed decision.

What is a second mortgage?

A second mortgage is somewhat deceptively named. The process of taking out a second mortgage revolves around using your equity as collateral toward a second loan. That loan amount doesnít have to be used toward a home, however. It can be spent pretty much at the discretion of the homeowner, as long as you stay within the spending limits of the loan terms.

Why take out a second mortgage?

Homeowners typically take out a second mortgage when an expense is tossed their way, whether foreseen or unforeseen. It could be a costly house or vehicle repair, a childís education, or any other large expense that you might not have been aptly prepared for.

Types of second mortgages

There are two main types of second mortgages that homeowners qualify for. First is a standard home equity loan. You receive a fixed-rate loan that usually paid off over a loan term of 15 or 30 years.

The other type of second mortgage is a home equity line of credit (HELOC, for short). A HELOC is similar to a credit card in that you are approved for a certain amount but donít need to spend the full amount.

Risks of home equity lines of credit

This type of loan is ideal for expenses that you maybe donít know the full cost of. However, there is an inherent risk in taking on an expense that might go over the credit limit of your HELOC.

Just like with credit cards, interest rates vary. However, the interest rate is linked to something called a ďbenchmark rate.Ē When interest rates for the benchmark increase, so do your HELOC rates.

Aside from the variable interest rates, HELOCs can also prove to be difficult to manage for people who are already in credit card debt. So, itís only recommended that you take out a HELOC if you are sure that you can stay on top of your monthly payments and are in good standing with other credit lenders.

Risks of home equity loans

Standard home equity loans arenít without their own risks. For one, youíre putting your house on the line when you take out a second mortgage. So, before taking out a home equity loan on a new expense, be sure that you can manage that expense or you could risk losing your home.

Having a second mortgage can also make it difficult to refinance your home loan, which could cost you in the long run if it would otherwise pay off to refinance.

Benefits of second mortgages

Second mortgages do have their time and place. Home equity loans, for example, can help you achieve a lower interest rate than a typical loan if you have a great deal of equity built in your home. This could make the most financial sense over the long term.

Similarly, a HELOC might be a better option than a credit card for homeowners who donít have a credit score high enough to land them a good interest rate.




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