Jane Cheetham - RE/MAX Acclaim



Posted by Jane Cheetham on 11/14/2017

There are countless reasons a homeowner might want to sell their home and buy another. Some want to move for a change of scenery or to relocate for work. Others are parents with a recently empty nest who want to downsize to something more affordable that meets their needs.

The good news for second time homebuyers is that you already have an idea of what to expect when buying a home. The research, paperwork, disappointments, and delays that come with buying a home can all be prepared for. However, if you have the burden of selling your old home, finding a temporary place to live, and then moving into a new one, your responsibilities can be doubled or tripled.

In this guide, weíll go over how to prepare for selling your old home and moving into the new one. Weíll cover some common mistakes and offer some advice to keep you sane throughout this daunting (but exciting!) process.

Buying or selling first

For most homeowners, selling first makes the most sense financially. Holding onto a second house often means having to make two mortgage payments at once. Similarly, selling first will give you a much clearer idea of your budget for your new home.

Depending on market conditions, your home may or may not sell for as much as you were hoping. Itís important to keep this in mind before signing onto a new mortgage.

Moving logistics

Once you sell your home, youíll have to work out living and storage arrangements until you are ready to move into your new home. It may seem easy at first--just rent for a couple months until your move-in date, right? It isnít always that simple, however, as deals can sometimes fall through and you can find yourself with a move-out date from your own home without having finalized a deal on your new home. Because of this, many homeowners elect to may their current mortgage for an extra month or two until they can move in to their new home. 

Research your options for short-term living and storage in your area. See if you can work with moving companies who will give you a discount for helping you move twice; once to the storage facility and again to your new home.

One way around this is to time your move out and move-in dates so that you donít have to worry about storage. Some homebuyers will even move into the new home before officially closing on the home (i.e., take possession before closing). While this may be convenient, it can also be dangerous for the buyer and the seller.

Plan meticulously

One of the best piece of advice we can give is to stick to your schedule and keep good records during your buying and selling processes. Make sure whoever buys your home is aware of your plans for moving out and that anything that could delay those plans (inspection issues, moving logistics) are taken care of.  

Keeping track of all this information can be difficult, so donít be afraid to keep a daily list or planner of the things you need to take care of, and never be afraid to reach out to your real estate agent who will often be able to advise you on the best way to make your move as smooth a process as possible.





Posted by Jane Cheetham on 9/26/2017

Selling your home can be stressful, particularly when the time arrives to negotiate with a homebuyer.

You'll want to ensure that both you and a homebuyer can find common ground during a negotiation. By doing so, both parties will be satisfied with the end results.

In some instances, however, a homebuyer may submit an offer for your residence that fails to meet your expectations. If this happens, you may need to submit a counterproposal to ensure you're able to agree to home selling terms that fulfill your needs.

Submitting a counteroffer can be tricky, particularly for a home seller who is looking to complete a home sale as quickly as possible. Fortunately, we're here to help you take the guesswork out of countering a homebuyer's offer.

Here are three tips to help you streamline the process of submitting a counterproposal to a homebuyer.

1. Consider Both Parties' Perspectives

Ultimately, a home selling agreement should meet the needs of a homebuyer and a home seller. As such, you'll want to consider both parties' perspectives before you submit a counterproposal and ensure that your counteroffer is fair to everyone involved.

Does a home selling agreement ensure that you will receive fair value for your home? And does this pact guarantee a homebuyer will receive fair value from his or her purchase as well? Consider both sides of a home selling agreement, and by doing so, you'll be better equipped to agree to terms that work well for both you and a homebuyer.

2. Try Not to Get Emotional

If you feel like a homebuyer submits an offer that is below your initial expectations, try not to get emotional. Instead, take a step back from the home selling process and consider all of your options before you proceed.

For home sellers, it often is easy to let stress and anxiety get the best of you, particularly during high-pressure negotiations with a homebuyer. Conversely, if you take a deep breath and review all of your options after you receive a homebuyer's offer, you can avoid making any rash decisions.

Remember, a homebuyer's first offer may not be his or her best offer for your residence. And if you submit a counterproposal, you can show a homebuyer that you are willing to work with him or her to reach a fair agreement.

3. Get Advice from Your Real Estate Agent

Your real estate agent can guide you along the home selling journey and will help you determine if you should accept, decline or counter a homebuyer's proposal. This professional also serves as a liaison between you and a homebuyer, which means your real estate agent can share your concerns about a homebuyer's offer directly with this individual.

With a trusted real estate agent at your disposal, you should have no trouble reviewing a home offer and submitting a counterproposal if necessary. In addition, your real estate agent is happy to provide tips and suggestions throughout the home selling process, ensuring you can maximize the value of your residence.

Take advantage of the aforementioned tips, and you can move one step closer to selling your home.




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Posted by Jane Cheetham on 8/22/2017

Dealing with a lot of stress as you try to sell your house? You're not alone. Fortunately, there are many great ways to minimize stress during the home selling process, including: 1. Prepare Before You List Your Home on the Real Estate Market A diligent home seller will prepare for the best and worst case scenarios, ensuring he or she is ready to deal with any challenges that may arise. For instance, you should conduct extensive research before you list your house on the real estate market. By doing so, you can determine a fair price for your residence and may be able to reduce the need for potentially stressful negotiations with prospective homebuyers. Don't forget to get your home appraised, too. A home appraisal will enable you to find out what your home is worth and discover ways to boost the value of your house as well. 2. Try to Focus on the Positives Unfortunately, when it comes to selling your home, it's often easy to see lots of negatives. From homebuyers who seemingly demand the world from you to the stress associated with keeping your home pristine in the event that you need to host a home showing on short notice, these negatives can add up quickly. And as such, they can cause a tremendous amount of stress. As a home seller, it's important to focus on the positives of your day-to-day life and use these positives to outweigh the negatives frequently associated with selling a home. Whether it's spending time with family members and friends or simply going for a walk on your own, there are many stress-relieving activities that you can enjoy any time you choose. Try to find stress-relieving activities that make you smile, and you should have no trouble maintaining a positive outlook as you try to sell your residence. 3. Work with a Dependable Real Estate Professional Why should you leave your home sale to chance? Instead, work with a reliable real estate agent, and you can minimize stress throughout the home selling process. Many real estate agents are available, and you should try to find one who will collaborate with you during every stage of the home selling journey. Ideally, the perfect real estate agent will possess extensive industry knowledge that makes him or her qualified to sell your residence. You also should strive to find a real estate professional who understands your wants and needs and will stand by your side in both good times and bad. Perhaps most important, your real estate agent should be ready to answer any concerns or questions that you may have at any time. Thus, this professional will be able to help you relieve stress and streamline the process of selling your house. There's no reason to let stress get the best of you as you try to generate interest in your home. But with the aforementioned tips, you'll be able to alleviate stress throughout the home selling process.





Posted by Jane Cheetham on 5/16/2017

Selling your home can be an expensive process if you're not careful. Fortunately, we're here to help you maximize the value of your home and ensure that you're able to avoid costly mistakes throughout the home selling process. Here's a closer look at three costly mistakes that every home seller needs to know about, along with ways to avoid such issues altogether: 1. Selling Your Home Before You Are Qualified to Buy a New One Although you had no trouble buying your current home, the same won't necessarily hold true when you look to purchase a new residence. For example, your financial circumstances may have changed between the time that you purchased your current home and now. This means that you may struggle to qualify for a home loan in the current economic climate. As such, you'll want to get pre-approved by a lender before you sell your current house. You also should conduct plenty of research into areas where you may want to live in the future; that way, you'll be better equipped to buy another house and relocate quickly if a homebuyer wants to purchase your current residence. 2. Guessing the Sale Price of Your Home It is unlikely that what you initially paid for your residence is what it's worth now. As a result, you'll want to understand the true value of your home before you add it to the real estate market to optimize the value of your residence. Getting a fair market appraisal will ensure that you can better understand what your home currently is worth. Furthermore, you should consider the upgrades that you've made across your home, as these improvements likely will boost your residence's value. When it comes to the sale price of your home, why should you be forced to leave anything to chance? Instead, do your homework so you can determine the optimal sale price, i.e. a sale price that highlights your home's true worth and will make your residence an attractive option for homebuyers. 3. Understanding the Stress Associated with the Home Selling Process A calm, cool and collected approach to selling your home often is ideal, particularly as the stresses commonly associated with the home selling process start to add up. For instance, a homebuyer may submit an offer and follow it up with a home inspection. But during the inspection, this homebuyer could find issues with your home that lead him or her to reconsider the initial offer and could put a potential home sale in jeopardy. Conversely, with the right real estate agent at your disposal, you'll be able to minimize many of the stresses of the home selling process. This professional will possess the necessary skills and know-how to guide you during the home selling process, and ultimately, improve your chances of a fast, successful home sale. Costly home selling mistakes can put a dent in your wallet or pocketbook and cause your stress levels to rise. But home sellers who work with a dedicated real estate agent can benefit from the support of an experienced professional who can simplify the home selling process.




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Posted by Jane Cheetham on 5/9/2017

The home selling journey can be long and time-consuming, particularly for those who are listing a residence for the first time. Lucky for you, there are many quick, easy ways to avoid the danger of becoming a "typical" home seller, i.e. someone who lacks the skills and know-how to generate plenty of interest in his or her property.

Now, let's take a look at three tips that you can use to become an expert home seller.

1. Review the Current State of the Housing Market

The housing market often fluctuates. As such, a buyer's market today may quickly morph into a seller's market tomorrow.

Ultimately, an expert home seller will allocate the necessary time and resources to learn about the current state of the real estate market. He or she will be able to identify housing market patterns and trends and collect extensive real estate market data to map out the home selling journey accordingly.

To learn about the housing market, take a look at some of the houses that are currently available in your city or town. Evaluating available houses in your area will allow you to find out how your residence stacks up against the competition.

Also, assess the prices of recently sold residences in your region. This may help you differentiate between a buyer's market and a seller's market.

2. Analyze Your House's Interior and Exterior

For a home seller, it is paramount that his or her residence makes a positive first impression on potential homebuyers. And if you enhance your house's interior and exterior, you may be able to boost your chances of a quick, seamless home sale.

A property appraisal usually represents a great starting point for home sellers. This appraisal involves a full evaluation of your house by a property inspector. Then, you'll receive a report that outlines your home's strengths and weaknesses and will help you plan any home improvement projects.

Also, it is important to remember that there are many simple ways to upgrade your home's exterior and interior.

Home exterior improvements like mowing the front lawn and clearing dirt and debris from walkways can make a world of difference in the eyes of homebuyers.

Removing clutter from your home offers multiple benefits as well. De-cluttering allows you to free up space inside your residence as well as get rid of unwanted items.

3. Collaborate with a Real Estate Agent

There is no need to navigate the home selling process on your own. Fortunately, you can hire a real estate agent to help you remove the guesswork as you proceed along the home selling journey.

A real estate agent understands what it takes to promote your residence to large groups of potential property buyers. In fact, he or she will set up property showings and open houses, offer honest, unbiased home selling suggestions and respond to your home selling queries at any time.

Don't settle for an "average" home selling experience. Instead, use the aforementioned tips, and you can become an expert home seller in no time at all.




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