selling Archives - Preferred Properties of Texas Home & Ranch Properties Stephenville

Homeowners Can Benefit Financially and Emotionally by Remodeling Outdoor Features

March 22, 2023 by chorton Leave a Comment

Most Realtors (92%) recommend that sellers improve curb appeal before selling their home. The largest percentage of Realtors ^(r), suggested that sellers improve the curb appeal of their home before listing it for sale. These were also the most popular projects for which landscape professionals have seen increased demand in the past year. These and other findings are based on a report by the National Association of Realtors and National Association of Landscape Professionals.

Many homeowners have made their backyards their own, creating oases filled with plants, trees, and pools. If the homeowner wants to sell, these outdoor features can be embraced by him or her.

Landscape professionals were most in demand for outdoor projects such as an overall landscape update (61%), maintenance (58%), and a new patio (55%). They saw less demand for a wood deck (15%) or an in-ground swimming pool (25%) as well as tree care (29%).

It is not surprising that most Realtors ^(r/) and homeowners place high importance on a yard’s curb appeal. Green spaces and healthy outdoor living can improve the quality of life, enhance home value, make communities more attractive, and help people’s mental as well as physical health.

To-Do List For Selling Your House This Spring

March 17, 2023 by chorton Leave a Comment

Make It Inviting

Open blinds or curtains to let the light in
Check light bulbs and replace as needed
Take down personal photos or items
Fix anything that’s broken
Give every room a clear purpose

Show It’s Cared For

Clean your vents and baseboards
Vacuum, mop and sweep floors
Declutter throughout
Organize countertops, cabinets and closets
Touchup any scuffs on the wall

Boost Curb Appeal

Power wash outdoor surfaces
Clean the windows (inside and out)
Tidy up the landscaping
freshen up your entry
sweep patios, decks and walkways

Connect with one of our real estate agents at Preferred Properties of Texas so you have advice on what you may want to do to get your house ready to sell this season.

Original Blog:https://www.mountainroserealty.co/blog/checklist-for-selling-your-house-this-spring/

Living In A Show Ready Home

March 14, 2023 by chorton Leave a Comment

Your home looks amazing. You have cleaned, decluttered, cleaned again, and followed professional staging advice. How can you and your family live there without destroying it?

A place for your keys, mail, toothpaste, makeup and other items that often litter the horizontal surfaces of the house are essential. Place a Tupperware or basket in areas where clutter might re-emerge. You can either store the containers in a cabinet, or bring them along with you when you leave the home.

Are you a parent? Pets? You should designate a space that can be used as a normal living room. This is where the children can play with Legos and the cats can use the litter box. The mess will not be spread throughout the house when it’s time to show.

Make your beds. Good towels should be put out. The litter box should be empty. Place the litter boxes in the closet. To bring your property back to its original condition, write down the details every morning.

Our realtors here at Preferred Properties of Texas have experience listing houses for sale, so don’t hesitate to ask us for other suggestions to help your property keep looking its best.

Original Blog: https://www.texasrealestate.com/members/posts/how-to-live-in-a-show-ready-house/

Consider A Few Things Before Buying Something AS-IS

March 9, 2023 by chorton Leave a Comment

You might come across listings that advertise a property as-is if you are looking for a new house. It’s an option for sellers who want to sell quickly.

The homes are often less expensive than comparable properties for buyers.

There are many benefits to buying a home in its current condition, especially in this competitive housing market. However, it is important to fully understand the implications.

Sellers list their house as-is and will not make repairs or modifications before they close on the property. Sellers cannot guarantee that everything will be in good condition or working order. A Seller’s Disclosure is not required.

It’s your responsibility to repair any problems that you find after you purchase a property advertised as “as-is”.

A seller selling as-is must still meet minimum disclosure standards in each state and federal. These standards will inform you about lead paint conditions.

A home being listed as-is does not necessarily mean that it is inoperable. A home can still be listed as-is, even if it has minor or major problems.

This could happen when a seller is in financial distress or if they are in a hurry and don’t have time to wait for contractors to complete even minor cosmetic work.

It’s possible that the home is no longer livable in its current condition. Your lender might not be happy with you making the necessary repairs.

Certain livability requirements are required for many types of loans. These minimum property requirements are also known as MPRs. These MPRs will be assessed by appraisers.

Conventional loans are not guaranteed or insured by the federal government. Fannie Mae, Freddie Mac and many other conventional loans conform to these criteria. Fannie Mae or Freddie Mac homes can be bought if they have minor problems. The house must be safe and any structural problems should be normal wear and tear.

You might still be eligible for a conforming loan for as-is property if you have plumbing leaks, interior damage, or missing light fixtures.

The MPRs for government-backed loans like VA loans are more stringent than other types.

An inspection is required if you are interested in purchasing a home as it stands. An inspector will help you to understand the problems and let you know how much it might cost to fix them.

A inspection is not required for an appraisal.

A lender will usually require an appraisal to determine the property’s value. You might choose to have a home inspection.

Sellers can refuse to inspect a property as-is. This is a red flag.

A home being sold “as-is” does not necessarily mean that it is complete. A seller could list a property as is but refer to only certain parts. Broken pools and sheds are often partial features that can be added as-is.

Ask the seller what they mean by “as-is.”

You don’t have to waive your right for disclosures when buying an “as-is” home. You must be aware that the sellers are bound by federal and state regulations regarding disclosures about any issues in the house.

Each state has its own disclosure laws. Some states, for example, have water damage disclosure regulations.

You may be able sue a seller if they fail to inform you about a problem in your state.

Lead paint is the only federal disclosure requirement. The seller must disclose if the home was built prior to 1978.

If you are considering buying a home as is, a good agent can help. An agent who is knowledgeable about disclosure laws can help you understand what the implications are for buying as-is.

These can make you more confident about your purchase decision, or help you decide when it’s best to not buy.

Original Blog: https://realtytimes.com/consumeradvice/buyersadvice/item/1044463-what-does-as-is-mean-for-buyers?rtmpage=

Preparing Your Home To Sell

February 24, 2023 by chorton Leave a Comment

Are you ready to sell your home? To make your home more appealing to potential buyers, you’ll need to first do some things.

There is no way to predict how quickly your home will sell or how much it will fetch. You can increase your chances that everything will go smoothly, quickly and profitably by taking certain steps.

You can trust a professional real estate agent to guide you through the steps to prepare your home for sale. The sooner you get started, the better. You can also speed up the process by starting the process on your own. These are the top things you can do for your home to be ready to sell.

Before they can be put on the market, some homes will require more work than others. However, there are some things that homeowners need to remember when preparing for a sale. These are the most important.

Buyers should be able to envision themselves living there. This can be difficult if your stuff is everywhere. While you don’t have to empty the entire house, it is a good idea to go through each room and get rid of any clutter.

Keep a small box with everyday items that you will need to access while you house is up for sale. You can store items in a box so they are out of your way and not have to go into storage.

The exterior of your home is what buyers first see. It should be beautiful. Get out your mowing axes and start trimming bushes and grass. It’s a great time to clean your siding, the outside of your windows, and other less obvious features such as your front door and garage door.

A home that is clean and tidy will be more attractive to potential buyers. This shows buyers that you value the property and have taken care of it. Make sure to clean every room, as well as all the major features (walls, floors, appliances, fixtures). You can also tackle the little things that might be overlooked but are important to potential buyers, such as chipped paint and scuff marks.

Are you constantly running the toilet? Are the hinges of your kitchen cabinet falling off? These small issues can turn off buyers so make sure to address them before you sell. For larger repairs, consult your agent to determine if it is worth the effort to fix them now or waiting until after you have accepted an offer.

One final tip to make your home sale efficient: try to list in the spring , as that’s when there is the most demand. To maximize your listing and approach, you should keep up-to-date with market updates.

Original Blog: https://www.landhub.com/land-news/how-to-prepare-your-home-to-sell/

What You Should Know About Texas Property Inspections

February 13, 2023 by chorton Leave a Comment

Buyers may feel tempted to skip an inspection in a seller’s market or to hire an inspector to walk through their dream home and point out any problems.

Sellers might believe that a similar inspection will help them stand out in a buyer’s marketplace. They should disclose all information upfront so buyers know what to expect.

Consumers should be cautious when hiring inspectors that offer walkthroughs or abbreviated inspections. Inspectors must follow TREC’s Real Estate Inspector Standards of Practice and provide their findings to the client via the mandatory inspection form. These requirements are intended to give information to the consumer about the general condition of a home and to highlight any safety issues. These requirements are not followed in walkthrough inspections. In Texas, the Texas Real Estate Commission can discipline inspectors for performing walkthrough inspections.

These walkthroughs may not be acceptable inspection reports to settle disputes with home warranty companies, provide to certain lenders, and don’t show the whole picture of the property’s potential problems the same way as a standard inspection.

TREC rules require home inspectors who are licensed to conduct inspections in Texas to adhere to the Real Estate Inspector Standards of Practice. These SOPs outline the minimum requirements to perform a real estate inspection for a potential buyer or seller of a one-to four-family dwelling or most residential properties. Texas requires that all inspector license holders must provide Texas clients with a completed Property Inspector Report Form (REI7-6) initial. This report is independent of any other reports the inspector may provide.

These standards are in effect when a licensed professional inspector or real-estate inspector accepts work to inspect a property for a potential buyer or seller.

To narrow down your search for inspectors, use TREC’s License Holder Search. It is also possible to check if an inspector has a history of disciplinary violations and view recent educational courses.

Original Blog: https://www.trec.texas.gov/article/what-consumers-should-know-about-texas-property-inspections