Real Estate & Community News

Oct. 15, 2019

Olympia Just Sold!

Posted in Closed Homes
Oct. 8, 2019

11 Ways to Winterize Your Home on a Budget

 

 

Keep the cold out, the heat in, and your energy bill down with these cost-effective tips for winterizing your home.

https://www.bobvila.com/slideshow/11-ways-to-winterize-your-home-on-a-budget-10169#clean-gutters-before-winter

Posted in Homeownership Tips
Oct. 1, 2019

Ways to Improve Your Home’s Marketability TODAY

 

Here are a few easy things to do to improve the marketability of your home! Need additional ideas? Call us, we're happy to discuss some more easy ways without breaking the bank.

206-462-4444 info@bethghomes.com

 

#bethghomes #homeimprovement #seattlerealestate #tacomarealestate #gigharborrealestate #listingyourhome #sellingyourhome

 

https://blog.homekeepr.com/ways-to-improve-your-homes-marketability-today?sharedby=beth-grotelueschen&utm_source=ActiveCampaign&utm_medium=email&utm_content=Heating+Sources+Explained&utm_campaign=2019_10_01_Homeowner_Blog

Posted in Selling Your Home
Sept. 27, 2019

Should You Fix Your House Up or Sell Now?

Should You Fix Your House Up or Sell Now?

 

Should You Fix Your House Up or Sell Now?

With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the first time. The question inevitably arises: is it finally time to downsize?

If you’re pondering that thought, you may also be wondering if you should fix-up your house before you sell it, or go straight to the market as-is, allowing a potential buyer to do the updates and remodeling. If you’re one of the many homeowners this camp, here are a few tips to help you decide which way to go.

1. Analyze Your Market

A real estate professional can help you to understand your market and the potential level of buyer interest and demand for your home. Are you in a seller’s market or a buyer’s market? This can change based on the price range of your home, too. A professional can also give you some insight on what you can change or remodel, and how to declutter your house to make it attractive to buyers in your area.

2. Get an Inspector

Right now, the average length of time a family stays in a home is between 9-10 years. That’s a little longer than the historical average, so if you’ve been living in your home for a while, it might be time to make some significant improvements. Think: electrical system, HVAC units, roof, siding, etc. An inspector can give you a better idea of the condition of your home, if it is up to current code standards, and recommendations on how to have your house ready before you put it on the market.

3. Decide If You Need to Remodel

You may also be thinking about driving buyer appeal with something like a kitchen or a bathroom remodel. If so, first dig into the market value of your home, and compare it to the actual cost of the remodel. A local real estate professional can help you determine your home’s market value, and you’ll want to get a few quotes from contractors on the potential remodel pricing as well. Once you have those two factors narrowed down, you can to decide if a remodel will give you a return on your investment when you sell. Oftentimes, it is actually more advantageous to price your house to sell, list it competitively, and then let the buyer pick the colors they want for their bathroom tiles and the type of countertop they prefer. The 2019 Cost vs. Value Report in Remodeling Magazine compares the average cost for remodeling projects with the value those projects typically retain at resale.

Bottom Line

Nationwide, inventory is low, meaning there is less than the 6-month housing supply needed for a normal market. This drives buyer demand, creating a perfect time to sell. If you’re considering selling your house, sit down with a local real estate professional. Partner with someone who can help you confidently determine what will be the best choice for you and your family.

Posted in Selling Your Home
Sept. 24, 2019

Homebuyers’ Negotiation Tips: What to Do When the House Needs Work

This week's post comes from Natalie Jones. For more information please visit her website at HomeOwnerBliss.info or email her at natalie_jones@homeownerbliss.info 

 

Homebuyers’ Negotiation Tips: What to Do When the House Needs Work

 

You’ve found the listing for your dream home, and it’s in your budget! You set up a tour and inspection, and find that it’s beautiful, well-designed, the perfect size — and falling apart. What do you do when the house of your dreams needs serious work? Negotiate.

 

A fixer-upper can be a budget-homebuyers ticket into a much better home than they could afford otherwise. However, negotiations can be intimidating, especially when there’s plenty to discuss. Here are a few tips so you can go into money conversations with confidence.

 

Weigh Total and Monthly Expenses

 

When looking at the price of the house itself, remember that you’re not paying that number all at once. A higher price — interest included — naturally means you pay more in the long run. But the difference of a couple thousand dollars is only going to make a small impact on your monthly payments. It’s okay to prioritize overall cost over monthly payments or vice versa — just make sure you’re giving yourself the full picture so you can make that informed decision.

 

Also, be sure to factor in what repairs will cost you and when. There are some repairs that you could put off and save up for over time, such as a new front door (approximately $1,500) or new siding (approximately $15,000). Others, however, will need to be addressed immediately, either to make the house comfortable to live in or to prevent more damage over time. These fundamental problems — foundation issues, plumbing, leaky windows — can be pricey to fix. Anything that needs to be done right away should be factored into the initial costs. Make sure you actually have or can access the funds to have those repairs made.

 

Creative Negotiations

 

Buyers are more likely to lower the price of a home when you can justify the reasons, so consider what costs you’ll take on when you buy the home. For example, you may be able to ask homeowners to take on the costs of hiring the inspector; with average home inspections running between $278 and $390, the odds are decent they’ll be amiable to this if asked.

 

If there are repairs that would require you to live outside of the home for some time, get an estimate of the cost of staying in a hotel, renting a trailer, or getting a short-term apartment lease for this period. Then, use that figure to negotiate the price down further, or you can compare that to the cost of the seller fixing that issue before the sale. If it’s less to make the repair, they might be willing to take it on themselves.

 

There are two especially useful things about these kinds of negotiations. First, by providing evidence that this is a true cost of buying the home, you’re justified in asking for a reduction. This is less likely to turn a buyer off than a figure that isn’t backed up by anything. Second, if the buyer doesn’t budge, you’ve still done the work to recognize these costs yourself. This way, they won’t sneak up on you after you’d already purchased the home.

 

Be Prepared to Compromise — and Walk Away

 

Negotiations are a back and forth, so you need to be ready for what the seller brings to the table, as well. Before you send your offer in, decide what your deal breakers are. Will you go forward if the seller refuses to address the water damage in the basement or lower the price to offset the cost of repairing the back porch? Know your hard stops in advance so you’re not persuaded into a situation you’re not truly comfortable with.

 

If you can’t find an agreement that works for you and the seller, it’s okay to walk away from the offer. Don’t let the sunk cost fallacy convince you to compromise on the things that matter most. Remember: It’s better to have spent time considering the wrong home than it is to buy it anyway.

 

Photo Credit: Pexels

Posted in Beth G Homes News
Sept. 10, 2019

5 Reasons to Sell this Fall

 

 

Below are 5 compelling reasons listing your home for sale this fall makes sense.

#bethghomes  #seattlerealestate #tacomarealestate #homesellers #sellingyourhome #homeowner #homeownership #fallrealestate #westseattlerealestate

 

https://www.keepingcurrentmatters.com/2019/09/03/5-reasons-to-sell-this-fall-3/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-automated&utm_content=DailyBlogSubscription&utm_term=BlogPost

Posted in Selling Your Home
Sept. 3, 2019

Gorgeous, Mid-Century Modern, West Seattle Home Just Sold

Congratulations to our Seller Who Just Sold Their Mid-Century Modern Home in West Seattle!

Classic design & modern style surround this fabulous 1954 mid-century modern home. Perched on one of the most coveted cul-de-sacs in highly desirable Seaview with Puget Sound views from the upper level. The floorplan is brilliant for both entertaining and everyday living with space for everyone and everything. Serenely nestled in an idyllic setting with zen-like gardens and a greenbelt canvas, this home is perfect for a beautiful life.

Posted in Closed Homes
Sept. 3, 2019

Kent Condo Just Sold!

Congratulations to our Seller who just sold their gorgeous condo in Kent! 

23111 59th Pl S. Kent, WA 98032

Beautiful 2bd/2ba condo in Park-Like Setting. Open Concept Living with High Ceilings and Plenty of Natural Light. Large Kitchen with Breakfast Bar and Separate Eating Area. Master Bedroom with Soaking Tub & Large Walk-In Closet. Beautiful Patio Surrounded by Gorgeous Landscaping, Great for Entertaining. One Car Garage with Plenty of Storage Space. Great Community Close to Trails, Lakes, Shops & Restaurants. Easy Access to Seattle by Train, Bus, or Freeway. 

 

Posted in Closed Homes
Aug. 23, 2019

How Much Do You Know About Down Payments?

If buying a home is one of your long-term goals, you may be able to get there sooner than you think by tapping into one of the many down payment assistance programs available. For more information click the link below or contact us at 206-462-4444 info@bethghomes.com

#bethghomes #downpayments #downpaymentassistance #realestateadvisors #seattlerealestate #tacomarealestate #themoreyouknow #homebuyers #firsttimehomebuyers

https://www.keepingcurrentmatters.com/2019/08/06/how-much-do-you-know-about-down-payments/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-automated&utm_content=DailyBlogSubscription&utm_term=BlogPost

Posted in Buying a Home
Aug. 16, 2019

The Lingo of Buying a Home

Posted in Buying a Home