Real Estate Roundup November 2021

Winter is upon us. Historically, real estate demand slows down around this time of year. However, the post-pandemic US housing market seems to be holding steady compared to the pre-pandemic trends. Homes are still selling faster and inventory is still low.  This implies that the real estate market continues to be competitive. Nevertheless, it may be a great time for buyers to search for houses. On the same note, there are plenty of resourceful articles put out in November to help sellers, as well as buyers and investors. Have a look!

 

Finding the right home when relocating

The planning that precedes your actual move is just as stressful as the actual move. Relocating to a new town, county or state makes things even more difficult.  There will be so much you don’t know. Finding the perfect house when you don’t know where to look is daunting. Even with enough money to pay for your dream home, there is no guarantee that you’ll find it. Danny Margagliano has written a comprehensive guide on finding the right house when relocating. Proper planning, strategizing, and taking your time in finding the right home is emphasized in this informative real estate article.

Do you know how your home value is determined?

You’ll want to know how much it is worth, even before listing your property. It’s natural to want to sell your property at the highest price possible. By knowing your house’s worth you’ll be able to price it accordingly. Pricing it right helps land a buyer quickly. Also, it helps you determine how much you’ll be left with after clearing the mortgage and closing costs. There is so much that is considered when determining a property value. Kevin Vitali has explained the various methods you can employ in determining the worth of your property. Some of the methods are simple and easy to follow even if it is your first time selling a property.

 

Is there a gas leak in your home?

Natural gas is one of the greatest inventions in modern society. However, that also means you have to be wary of gas leaks. If you suspect a gas leak you should vacate the premises immediately!

Even the slightest ignition can create a fire. One way to know when there is a gas leak is an unpleasant stench (rotten eggs smell). Natural gas is odorless.  So it would be difficult to pick out a leakage. That’s why gas suppliers add mercaptan, a sulfur-smelling chemical, for users to easily smell a leakage.

Bill Gassett has given helpful tips on how to check if you have a gas leak in your home. Whether it is a suspected or confirmed leakage you should call your local gas supplier immediately to have the problem checked. It’s better to be safe than sorry!

 

Selling your home in winter? 

No matter the season, there is always someone looking to buy or sell a property. However, the demand for real estate does go down in winter. An advantage, though, is having fewer homes on the market.  Plus, the buyers looking at homes during the winter are very serious about buying soon.

With just a few adjustments and home improvement projects, you can land a buyer easily. Since winter is quite cold, houses tend to look duller than normal. You need to make sure your house is given a fresh coat of paint to uplift its outlook before listing. This will attract more buyers than a house that looks gloomy and outdated. However, a paint job isn’t the only thing you can do to help your home sell faster in winter. Paul Sian’s tips for selling a home in winter will come in handy for anyone thinking of selling a property this season.

 

Important tips for doing due diligence before buying a house

The process of buying a home, especially if it is your first one, is quite complex. Knowing how to ensure you don’t end up making a mistake can save you a lot of pain and time. Realizing that the home isn’t quite what you were led to believe after you have put your money in it could be the start of long legal battles.  Especially if the seller won’t communicate or negotiate with you.  

In most cases, you will have one to two weeks to do your due diligence before purchasing the property. That’s why it’s helpful to be educated on how to do your due diligence extensively.  Especially since the time allotted for this is quite limited.  Sharon Paxson explains the important steps you should take when performing due diligence in real estate.

Why is your real estate closing taking so long?

Finding a buyer or the property of your dreams doesn’t have a timeline. The closing process should not be such a hassle. But at times it definitely can be. Knowing the reasons closing delays happen can help you effectively plan for the possibilities. Petra Norris has written an excellent article on the causes of closing delays when selling a home.

 

Thinking of installing solar panels?

No one is thrilled about spending a chunk of money on energy bills. That’s why the number of people opting for solar energy in the US is growing every day. However, it isn’t just a matter of waking up one morning and going with the flow. There are some things you need to bear in mind before switching to solar energy to avoid regrets later.

Vicki Moore has explained the important things before buying a solar system extensively. It is a must-read for everyone who is seriously considering having solar panels installed. It is not only expensive but also inconvenient to spend so much money buying and installing solar panels only to realize they won’t work for you.