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Top 10 Tips When Selling a Home In West Chester, Liberty Twp Or Mason Ohio

September 19, 2011 by Eric Lowry Leave a Comment

Top 10 Tips When Selling a Home In West Chester, Liberty Twp Or Mason Ohio

Top Tips For Selling A Home In Today's MarketSelling a home in a down economy can be a challenging thing to do.  Use the following 10 tips when selling your West Chester, Liberty Township or Mason OH home to get your home sold for the highest possible price in the least amount of time.

Home Selling Tip #1:  Hire an experienced and reputable real estate agent. Selling a home can be stressful, and you want an experienced and reliable real estate agent you can count on and trust to guide you through the selling of your home.

Home Selling Tip #2: Give your home curb appeal. When selling a home, you need to keep your home looking its best. If a buyer is turned off by what your home looks like from the street, you will never get him or her inside to look around. Clean up your lawn, patch brown spots in the grass, clear sidewalks, and keep leaves and other debris picked up. Potential homeTop Tips For Selling A Home In Today's Market buyers also notice things like chipped paint and dirty siding, so pressure-wash your home and repaint before putting it on the market if needed. Do whatever you need to do to show buyers that you’re serious about your home’s maintenance.

Home Selling Tip #3: Make minor repairs to your home. Don’t give potential home buyers an opportunity to start nitpicking at the value of your home by leaving minor repairs unfixed. Replace cracked floor or counter tiles. Patch holes in walls. Fix leaky faucets. Fix doors that don’t close properly and kitchen drawers that jam. Consider painting your walls neutral colors, especially if you have grown accustomed to purple or pink walls. Replace burned-out light bulbs.

Preparing Your Home For Sale In Today's MarketHome Selling Tip #4: Stage your home. Once you have a potential home buyer inside, it’s important that your home has been spruced up and has been staged for the market. Think of your home as a product for sale, and imagine walking through it from the buyer’s perspective. Depersonalize it by packing up family heirlooms and photos. You want buyers to imagine themselves living in the home and they won’t do that if they can’t see past your stuff. Rent a storage unit and clear out the junk. De-clutter. Remove unused pieces of furniture and window coverings and light fixtures you are going to take with you. Each room should be left with just enough furniture to showcase it as the perfect room for its purpose. Remove books, knickknacks, and anything that seems deeply personal. Clear out closets and neatly arrange your dishes in the kitchen cupboards.

Home Selling Tip #5: Clean your home! Wash windows inside and out. Clean out cobwebs from corners, ceiling fan blades and light fixtures. Re-caulk tubs, showers and sinks. Polish chrome faucets and mirrors. Clean out the refrigerator. Vacuum daily.  Remove or replace worn rugs. Hang up fresh towels in the bathroom. Eliminate any musty odors.

Home Selling Tip #6: Price your home right. Of all of the 10 tips for selling a home, this one is the most important. You need to price your home competitively, perhaps slightly lower than comparable homes in your neighborhood. Unfortunately, many sellers choose the real estate agent who suggests the highest listing price, but this can come back to haunt you. Pricing your home to sell involves looking at similar properties, making adjustments for the differences between them, tracking market movements and considering present inventory to arrive at a realistic value for the price of your home. Setting your listing price just right could lead to a bidding war, resulting in a higher sales price for you. Be sure that you and your Realtor work together to price your home correctly.

Home Selling Tip #7: Capture initial excitement. Don’t put your home on the market before your home and you are completely ready. Make sure you have taken all of the steps above before placing your home on the market. When selling a home, you need to get the most out of the initial excitement that a new home listing creates in potential home buyers. Home buyers will feel like they have discovered a great find if they snatch up a home just as it comes on the market. Once it’s been listed for a few weeks, however, home buyers will conclude that it’s not such a great value. Therefore, when selling a home, make sure you’ve done everything you can to make your home attractive to potential home buyers.

Home Selling Tip #8: Don’t get in over your head. Put your home on the market well in advance of looking for a new home. Don’t place an offer on your next home until you have solid offers on the one you have to sell now. The last thing you want to do is juggle two mortgage payments.

Home Selling Tip #9: Only divulge information on a need-to-know basis. Don’t do anything to create a perception that you will lower your potential selling price. For example, if you are moving due to job relocation, don’t offer up that information. Don’t let the potential home buyers think there is any urgency on your part in selling the home. If you are asked why you’re selling, simply say that you’re ready to trade up. You have a legal obligation to disclose information about the condition of the home and property, but you are not obligated to disclose your personal situation.

Home Selling Tip #10: Be flexible. Be willing to work with potential home buyers to help your chances of making a quick sale. Offer to pay for closing costs or repairs, and be adaptable when it comes to showing your home. If you really need to sell, you need to accommodate buyers’ busy schedules. This might mean opening your home for showings on weeknights and weekends. Using these 10 tips when selling a home can help you sell your home fast and for a good price.

Wondering what your home’s current market value is??

Get your own >> Personal Real Estate Market Update

Other articles that you may find of interest:

The Top Reasons Your Home Didn’t Sell

How To Sell Your West Chester, Liberty Twp or Mason OH Home Now

Looking To Sell Your Home?  Use the contact form below and we will get back to you as quickly as possible!

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    Filed Under: Eric Lowry's Articles, Preparing Your Home For Sale Tagged With: Determining the price of your home, Eric Lowry, Keller Williams Realty, LowryTeam.com, preparing your home for sale, Preparing Your Home For The Market, Pricing your home for sale, Selling A Home, Staging a home for sale, Top Real Estate Agent, Top Selling Realtor, VIPHomeFinder.com

    5253 Larkspur Lane Mason OH Home For Sale

    September 12, 2011 by Eric Lowry Leave a Comment

    Mason OH Home For Sale:

    5253 Larkspur Lane, Mason, Ohio 45040

     5253 Larkspur Lane Mason OH Home For Sale Crooked Tree Subdivison

    Beautiful Ashville Floor Plan. 5253 Larkspur Lane, Mason OH. This Home Features A 2 Story Great Room, Island Kitch w/42″ Cherry Cabinets & Hardwood Floors, Formal Living & Dining Rooms w/Hardwood Floors, 1st Floor Study w/ French Doors, Finished Lower Level w/Large Rec Room, Craft Room & Full Bath, Cathedral Master w/Luxury Bath & Two Closets, 2nd Floor Bonus Room, Front & Rearl Staircases. Terrific Paver Patio Is Perfect For Entertaining. Fenced Rear Yard Features Mature Landscaping. Three Car Garage.  One Year Home Warranty!  Don’t Wait To See This Beautiful Mason OH Home For Sale!

    Property Details


    [property_details details=”1″]

    Property Photos


    5253 Larkspur Lane Mason OH Home For Sale Crooked Tree Subdivison
    Foyer 5253 Larkspur Lane Mason OH Home For Sale
    Kitchen 5253 Larkspur Lane Mason OH Home For Sale
    Kitchen 5253 Larkspur Lane Mason OH Home For Sale
    Family Room 5253 Larkspur Lane Mason OH Home For Sale
    View From Above 5253 Larkspur Lane Mason OH Home For Sale
    Study 5253 Larkspur Lane Mason OH Home For Sale
    Finished Lower Level 5253 Larkspur Lane Mason OH Home For Sale
    Rear Yard 5253 Larkspur Lane Mason OH Home For Sale
    Rear Patio 5253 Larkspur Lane Mason OH Home For Sale

    For more information and plenty more photographs visit our webpage: 5253 Larkspur Lane Mason Ohio 45040

    Property Map



    View Larger Map

    For more information about this home or to schedule a time to see it, please complete the contact form below and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

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      Filed Under: Mason Ohio Homes For Sale Tagged With: Cincinnati, Crooked Tree Subdivision, Eric Lowry, Homes For Sale, Keller Williams Realty, LowryTeam.com, Mason Ohio Homes For Sale, Mason Ohio Real Estate, Mason Real Estate Agent, Moving To Mason, New Listings, Ohio, Relocating To Cincinnati, Relocating To Mason, Search Homes For Sale, Search The MLS, VIPHomeFinder.com

      8201 Lakeshore Drive West Chester OH – Home For Sale

      August 25, 2011 by Eric Lowry Leave a Comment

      West Chester OH Home For Sale:

      8201 Lakeshore Drive, West Chester, Ohio 45069

      8201 Lakeshore Drive West Chester Ohio 45069

      Beautiful Lake Front Setting! 8201 Lakeshore Drive, West Chester, Ohio 45069. This 1990 Sq. Ft. Ranch Home Is A Must See! Features Brand New Granite Kitchen Countertops, New Carpet, Newer Roof, Windows & Furnace, Formal Living & Dining Rooms. Master Bedroom w/ Adjoining Bath.  First Floor Laundry.  Large Paver Patio Is Perfect For Entertaining! Close To Schools, Shopping, Dining & Expressways.  Don’t Wait To See This Terrific West Chester OH Home For Sale!

      Property Details


      [property_details details=”1″]

      Property Photos


      8201 Lakeshore Drive West Chester Ohio 45069
      Lake View

      For more information and plenty more photographs visit our webpage: 8201 Lakeshore DriveWest Chester Ohio 45069

      Property Map



      View Larger Map

      For more information about this home or to schedule a time to see it, please complete the contact form below and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

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        Filed Under: West Chester Ohio Homes For Sale Tagged With: Cincinnati, Eric Lowry, Home On Lake, Homes For Sale, Keller Williams Realty, Lake View Home, LowryTeam.com, New Listings, Ohio, Search Homes For Sale, Search The MLS, VIPHomeFinder.com, West Chester Homes For Sale, West Chester Real Estate

        West Chester & Mason OH Real Estate: How To Buy A House Before Your House Sells

        August 24, 2011 by Eric Lowry Leave a Comment

        West Chester & Mason OH Real Estate:

        How to Buy a House Before Your Other House Sells

        In the buyer’s market that we are currently experiencing, the inventory of homes for sale can be astounding. Deciding on a home to buy is difficult enough, but what happens when you have one to sell beforehand? Many times, especially in a soft real estate market, a buyer may get into a situation where they find a new house before their current house sells. Acting as a buyer and a seller in separate transactions can be tricky business, especially if you need the equity from your current home to pay for the new home. Luckily there are some best practices that can help show you how to buy a house In West Chester or Mason OH before your other house sells.

        >>Search West Chester & Mason OH Real Estate Here<<

        Consider a Bridge or Home Equity Loan. There are many financing options available when it comes to home buying, and bridge loans can be an easy way to finance a new home sale before your existing home closes. A bridge loan is one that is used to provide funds needed for a short period until another source of funds becomes available. Sometimes called a “swing” loan, it allows a homebuyer who needs the equity in his old home to pay for the new one to close on the new home purchase before closing on the old home sale. The interest rates on these loans are typically high. However, because the loan will be paid off in a short period of time, this should not be a huge problem for buyers. In a similar vein, you might consider a home equity loan on the house you already own. This is a bit riskier, but provides the same benefits.

        Rent your current home. If you can find short-term or month-to-month tenants who are willing to rent your current home until it sells, you can avoid having to worry about the house sitting vacant while you are moving into the new home. This can help you avoid having to winterize or de-winterize the property and stage the home for showings. You will also be able to apply the rental income to your existing mortgage on the house, to alleviate the financial burden of paying two mortgages.  If you pursue this strategy be careful that you don’t end up with a renter that will make showing and selling your home more difficult.

        Work with the Seller. In a soft market where buyers are limited, sellers are often willing to work with the buyer on a purchase agreement that works for both parties. If you’ve already found the house you want to buy, but haven’t yet sold your existing home, it may be possible that the seller will allow you to make a down payment with a signed contract that permits you to extend the actual closing of your new home by a couple of months until your old house sells.

        Should I Buy a New House Before I Sell the Old One?

        Buying a new house In West Chester or Mason Ohio before your current house sells is not an ideal situation, but there ways to get through it that can alleviate the risk and financial burden. If you’ve considered the options above and are still unable to find a solution that works, an alternative and less attractive choice may be to hold off on buying a new home until your existing home is the final stages of closing. As disappointing as this can be for sellers who are anxious to move, it is a more desirable situation than being stuck with two mortgages and no remaining credit for other daily or emergency needs.

        Your real estate questions are always welcome.  Please fill out the form below and we will get back to you as soon as possible.

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          Filed Under: Buyers, Eric Lowry's Articles, Financing, Real Estate News Tagged With: Buyers market, Buying A Home, Cincinnati, Eric Lowry, Interest Rates, Keller Williams Realty, low interest rates, LowryTeam.com, Mason Ohio Real Estate, mortgage lenders, Mortgage Preapprovals, Ohio, Selling A Home, Top Real Estate Agent, VIPHomeFinder.com, West Chester Ohio Real Estate

          LowryTeam.com Real Estate Trends Report – August 2011

          August 23, 2011 by Eric Lowry Leave a Comment

          Here is the newest edition of our LowryTeam.com Monthly Real Estate Trends Report covering sales for July 2011. This report, published monthly, provides a look back at the last six months worth of real estate data for West Chester, Beckett Ridgeand Liberty Township, Ohio. It is a local trends report and makes no attempt to draw overall conclusions or make predictions for the larger real estate market. In fact we believe that anyone that makes an attempt to predict future, national real estate market conditions or draws conclusions on recent historical data nationally is just out of touch with reality. There is no such thing as a national weather forecast and there is no such thing as a real estate one either. ALL real estate is local!

          The source of our data is the Greater Cincinnati Multiple Listing Service. By seeking out and understanding the trends in our market place we are better able to forecast the upcoming market conditions and counsel our clients on pricing strategies to get their home sold for the highest possible price. Any thoughts and insight into what may occur in the future are solely our opinions and forecasts.

          The first thing we look at is unit sales for the last six months (February – July):

          West Chester & Liberty Twp OH Real Estate Sales

          It’s all about the sales numbers right now:

          As we move towards the end of August and look back at this most recent six months of data, the trend that we are watching for right now is to see if there will be a continued softening in unit sales as we saw in 2010. The graph for this year’s sales show very little of what we typically call the spring market. Sales in July of 2011 finally were up over the sales numbers for July of 2010. The sales in July 2010 really dropped off after the expiration of the Homebuyer Tax Credits that were in place last year.  These tax credits had really propped up the home sales in the first half of 2010.

          Everyone was excited to see the increase of unit sales over the same month in the previous year.  This was the first time we had seen this happen since January.  What does this really mean though?  First, based on the very low comparisions for the rest of the year vs. 2010, this is a trend that we are likely to see continue for a number of months in a row.  And secondly, a look at how these July sales numbers stacked up against the July sales numbers for previous years is perhaps a better place to draw some perspective.

          West Chester & Liberty Township Ohio Real Estate Sales

          While the sales figures for July (2011 vs 2010) were up, the July 2011 sales were the second lowest in the past decade for the West Chester & Liberty Township Ohio real estate market for the month of July.

          When considering the health of the housing market, everything hinges right now on home sales. Home prices will not be able to show any stability in the foreseeable future with the amount of inventory (homes for sale) that we currently have on the market vs. the number of homes that are actually selling. We have a large oversupply of homes for sale in West Chester and Liberty Township and this only puts further pressure on listing and sale prices. We believe that home values will continue to fall. For homeowners needing to sell, the best chance to get the highest price for their home is to get the home sold in the very near term. It truly is all about the home sales numbers right now!

          Average sale price for the last six months (February – July) is next:

          West Chester & Liberty Twp Avg Sales Price

          In this graph you can see the movement of the average sale price for West Chester and Liberty Township, Ohio real estate sales from January 2010 through July of 2011. The trend line continues to show you a gradual decline for average home sale prices. Average sale price gets quite a bit of attention in the media with reports that quote “home prices fell” or “home prices rose” in this particular quarter or month or whatever. The average sale price is nothing more than what it’s called – an average price of all of the homes sold in a particular time frame.

          However, just to be clear here, homes are not worth more now than they were at the beginning of the year. Any increase or decrease in the average sale price is reflective of the activity of that time frame not the exact value of any one home. Falling home values do clearly effect the average sale price, but that is not the whole story. The mix of homes and their values definitely play a part in this fluctuation, ie., many more lower priced homes selling than in the luxury market.

          List to sale price ratio:

          West Chester & Liberty Twp List To Sale Price Ratio

          The List to Sale Price ratio is calculated by dividing the final sale price into the list price to find the percentage of the list price that a given home sells for. The West Chester and Liberty Township Ohio List to Sale Price Ratio was 96.91% for July 2011. As you can see the monthly List to Sale Price Ratio has seen some big swings up and down in the last year. The swings up and down are an indicator of the lack of stability in the West Chester and Liberty Township real estate market right now. The highlighted center area of the graph shows what appears to be the middle ground right now for the market.

          Summary:

          As we have stated previously in the LowryTeam.com: West Chester, Beckett Ridge and Liberty Township real estate market update, our market remains challenging, yet full of opportunity. Clearly the value of homesin the area has fallen over the past couple of years and frankly, the values are likely to fall farther. The primary threats or obstacles to the second half of 2011 real estate market and any potential recovery are continued high unemployment, a considerable oversupply of homes for sale and the potential loss of the mortgage interest tax deduction. Interest rates have settled back down and are at historical low levels around 4.25% which provide a great environment for buying a new home.

          Wondering what the value of your home currently is?  We would be happy to provide you with a detailed market value analysis of the value of your home. You can request your Market Value Analysis here

          Your comments and questions are always welcome!

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            Other related posts you may be interested in:

            What Are Mortgage Interest Rates In West Chester & Liberty Township OH?

            West Chester & Liberty Township OH Real Estate Market Breakdown – July 2011

            Filed Under: Eric Lowry's Articles, LowryTeam.com Real Estate Market Trends Report, Real Estate Information, Real Estate Market Reports Tagged With: Average Home Sale Prices In West Chester Ohio, Eric Lowry, Home Sales, Liberty Township Real Estate, LowryTeam.com, Market Trends Report, Ohio, Top Real Estate Agent, VIPHomeFinder.com, West Chester Real Estate

            7653 Tylers Reserve Drive West Chester OH – Tylers Reserve Subdivision

            August 19, 2011 by Eric Lowry Leave a Comment

            7653 Tylers Reserve, West Chester, Ohio 45069

             7653 Tylers Reserve Drive West Chester OH Tylers Reserve Subdivison

            Beautiful 5 Bedroom Zicka Resale Home in Tylers Reserve! Terrific Wooded Lot! Features Include A Gourmet Kitchen w/ 42 Cabinets & Granite Countertops, Hardwood Floors, 1st Floor Study, Formal Dining Room w/ Recessed Ceiling, Finished Lower LeveL w/ Wet Bar & Gas Fireplace(Perfect For Entertaining), Cathedral Master w/ Luxury Bath, Three Car Garage, Stamped Concrete Patio, Sprinkler System, Pool Community. One Year Home Warranty!

            Property Details


            [property_details details=”1″]

            Property Photos


            7653 Tylers Reserve Drive West Chester OH Tylers Reserve Subdivison

            For more information and plenty more photographs visit our webpage: 7653 Tylers Reserve DriveWest Chester Ohio 45069

            Property Map



            View Larger Map

            For more information about this home or to schedule a time to see it, please complete the contact form below and we will get back to you as quickly as we can. You may also reach us by phone at 513-874-1830.

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              Filed Under: West Chester Ohio Homes For Sale Tagged With: Eric Lowry, Homes For Sale, Keller Williams Realty, LowryTeam.com, Pool Community, Search Homes For Sale, Top Real Estate Agent, Tylers Reserve Subdivision, VIPHomeFinder.com, West Chester Ohio Homes For Sale, West Chester Real Estate

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