Selling houses, buying houses, looking for agents, advertising, marketing, research, decisions- all of this can get pretty hectic, stressful, and confusing. Let us take a moment to step away from all this and look at the house itself. If you are selling, there are still some easy and inexpensive ways to spruce up the house and make it more appealing. If you are buying, then there are some things you can look out for that will make your possible new purchase, better and homier.
Planting and gardening always softens a house and makes it more comfortable, more lived-in, more personalized. If the house you are selling or the house you are looking to buy is smaller and does not have space for a garden, then creating potted plant areas inside can add to its charm while looking for these areas can be the things that will convince you to buy. Not only id this simple and relatively inexpensive, it is also good for the planet.
So there are a lot of reasons why you should get a real estate broker if you are selling property. There are a lot of ways a real estate broker can make things much easier for you. He or she should be trained to do all the administrative work for starters. He or she will be the one to field calls, sift through inquiries for serious buyers, arrange for viewing schedules, go to the viewing and pitch your house in the best possible way. A real estate broker also has the network to market your home. But there is something you can do better than any broker and will not cost a cent.
A house is always marketed better when a prospective buyer can see a future in it. You can make the house a home. In this love month, for example, use bouquets and little gifts as personal items to make the house homier. These touches can only come from someone who has lived in the house. So when marketing your place, remember the things you can add to the pciture.
What type of insurance would cover a property that is both used for residential and business purposes? Is it the same product businesses get when their primary location is in the home of the owner? These are just some of the questions that may be going through the minds of businessmen who just happen to use their homes as their business address as well.
An ordinary home insurance is not fit for the purpose of the insured in this situation. Homeowners cum businessmen will find out that regular home insurance policies will not cover the specific needs of a property that is also used for business purposes. It would be ideal to look into all possible options such as those offered in http://homeownersinsurance.com/homeowners-insurance-quotes.php.
For an insurance policy to be useful, it needs to include coverage for risks that are specific to the nature of the use of the property. It is a common mistake among homeowners to presume that their businesses located in their homes will be covered by their existing home insurance policy. What the insured may not know is that he or she is actually violating the provisions of the policy by not declaring that a home also functions as a business area which could effectively void the policy.
For purposes of defining what constitutes doing business in a home in the eyes of insurance companies, a home business can be defined as any activity where money is accepted in return for goods or services rendered. Having a business name or a signage to indicate such business is not necessary to be categorized as a home business. The determination will be based on the actual use of the property.
If the existing homeowner policy does not cover a home business, it is necessary to find one which will. There are actually a number of ways to go about it. If the business is housed in a separate building from the residential home although located in the said property, homeowners can opt to get two separate policies that will cover each risk and need. Both forms of insurance will cover for the building, contents, and liability related to each. A business insurance may also provide coverage for business continuity.
Another option is to insure the home for a business insurance policy to also cover business property and liability coverage and then cover personal property trough a renter’s insurance. If an insurance company says a home insurance policy they are offering will still cover the building in spite of the fact that a business is being conducted in the same property, it is necessary for the insured to ensure that the inclusion is written in the policy or has been acknowledged in writing by the insurance company.
About the Author
Teresa is a researcher-writer who covers a wide range of informational topics.
Ok, you have a house you want to sell. You have been trying to do this for most of last year but you have had little success. In your mind, you put in your best effort to get the property moving. But you know that the more time a house for sale stays unsold in the market, the lower you may get in sales once the deal closes. And while you have been trying to cut back on costs by doing everything yourself, you realize you need help.
How do you choose the ‘best’ broker? Truth be told, the description ‘best’ is very subjective. Naturally, you want to go with someone who has experience and success in selling houses. But more than track record, you need to research. Ask your friends for references or get feedback about the person. Reputation is a huge thing in real estate so that is a good gauge of a person’s ability. Then talk to your options and choose the person who has a great record, great feedback, and who you feel really understands you and your house.
If you are in the market for a house, or you have decided to buy property, then there is a degree of research you need to do in order to put your plan into action. You need to look around for options, look at the market trend, get in touch with the sellers of these houses to have them schedule a time wherein you can see the houses, you have to discuss mortgage agreements, prices, discounts, interest rates, and the like. There is a lot to do, which is why there are also these individuals who are trained to help you. They are called realtors.
A realtor can do the scoping for you. You can sit and discuss what kind of house you are looking for, what your budget is, how flexible you are etc. and the realtor will do the leg work and the paper work for you. Getting a realtor may even increase the chances of you seeing houses you would otherwise not seen on your own. So if house hunting is something you are set on doing, consider getting a realtor.
There are tips many professionals will give you that can help you raise the value of your home without sacrificing too much in the way of budget and expense. In fact, it may surprise you that many real estate brokers and professionals will advise against any major remodeling repairs if this is done with the idea that the money spent here can be recovered after the sale of the house. Remodeling like adding a garden or a swimming pool may add to the value of your home but this is often not enough to recoup what was initially spent.
So here are a few tips a homeowner can do to add value to their home without taking away too much from his or her budget. A fresh repaint and re-varnish is the extent of major home work but simple things like proper maintenance, correct packaging, and some old-fashioned restyling can add a lot of value. Fixing small home repairs will take away more from the sale price of a house that it would to get the repair done so proper maintenance in general is always cheaper. You can reposition furniture, add small things like new air fresheners to greet prospective buyers, and add things that have a burst of color here and there. These are simple, inexpensive tips to add value and charm to your home.
Deciding on a piece of property to own is a big decision and something that deserves more than a cursory thought. If you are serious and planning to buy real estate, there are some steps you can take to make sure your decision is one you will not regret.
First, you need to make sure your budget can handle purchasing real estate. This doesn’t only mean the down payment on the property but the long-term commitment of the mortgage as well as other expenses like utility costs and taxes. After that, make sure that you know the kind of neighborhood you want to live in. Finally, look at getting a good Realtor. Realtors can help find you affordable options you would have a hard time getting on your own and can even help you haggle over the final price of the property. This way, deciding on that house or condo can be made from a set of good options to choose from.
The Governor of the Federal Reserve has spoken and reiterated that the problems the financial industry is undergoing may be too much for even the Federal Bank to fix and that recovery expectations should be lengthened. This is due to the many avenues of the financial market that began in Wall Street which suffered a lot when the bubble in the sub-prime lending market burst through the roof catching everybody off guard. The bubble’s bursting was so fast, people in the most affected industries didn’t get enough time to take shelter and they themselves have fallen victims to the instability in the various affected markets.
Moves for housing starts and construction permits continue to be down as the housing market enters a seemingly surreal state of non-movement. Excess supplies of homes with no buyers and almost no applications for the construction of new ones compared to other years. This solidifies the belief that most if not all people who are thinking of purchasing or buying new houses have moved to halt all plans in hopes of waiting for the smell of stability in the air. The expulsion of the HUD’s director signifies the dire need for more regulation, monitoring and control of most agencies that handle financial resources. Corruption has become commonplace that many do it yet never admit to it. Permits issuance in the Northeast and South were indeed positive while in the Midwest it was down a miserable 10.65 with the West faring worst at a decline of almost 20%.
Hardly for the instability is very much far from over with many financers declaring losses in the millions of dollars. Insurance firms reeling in resources from the housing insurance market and refocusing them on other areas which are more profitable such as in Florida where a major insurance firm is said to be leaving 50,000 home insurance policies waiting for them to expire and not offering to renew. The government has announced plans to provide safety measures to prevent further foreclosures but that might come a bit too late for it to make and impact. Even the re-funds that are being given to Americans may not be much to help them through the mortgage rut the industry is in.