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West Chester & Mason OH Real Estate This Month

December 7, 2011 by Eric Lowry Leave a Comment

This Month In Real Estate For West Chester, Liberty Township & Mason Ohio – December 2011

This month in real estate for December 2011 covers home sales and mortgage interest rates, which are holding steady in the 4.00 – 4.25% range.

Also discussed this month is what the Keller Williams Realty research says about the reasons that home owners are selling their homes in today’s market. These reasons include changes in family status such as retirement, divorce or having a new baby, job relocations and a desire to move up to a different home. If you are thinking of moving up to a larger or newer home, you can begin you search with one of the links below. You can search the MLS just like a Realtor using our real estate power search:

>>Search homes for sale in West Chester Ohio right here<<

>>Search homes for sale in Liberty Township Ohio right here<<

>>Search homes for sale in Mason Ohio right here<<

For more information on buying a home, local real estate market conditions and interest rates, please use the contact form below and we will get back to you as quickly as we can.

Other articles that you may be interested in:

What Are Home Mortgage Interest Rates In West Chester & Mason Ohio?

LowryTeam.com Real Estate Trends Report – December 2011 Home Sales

Selling A Home In West Chester & Mason Ohio In The Winter

November 10, 2011 by Eric Lowry Leave a Comment

Selling A Home In West Chester & Mason Ohio In The Winter

Selling a home in the wintertime can provide some challenges. Follow these steps in getting your West Chester, Liberty Township or Mason Ohio home sold and success will follow.

Price Your Home Competively – Get a detailed, thorough home value analysis (cma) from a Realtor that specializes in your neighborhood or area to help you determine the correct list price.

Professionally Stage Your Home – Having your home professionally staged will give you the advantage you need in selling your home in the West Chester, Liberty Township or Mason Ohio real estate market.

Allow Your Home To Be Shown – Seems obvious right?? Well it isn’t always obvious to all homeowners who want to sell their home. You cannot handpick the times your home is shown. When buyers call to see your home the answer needs to be yes. Your home can’t sell if buyers can’t see it.

Clean – (verb – to make clean: to rid of dirt, impurities, or extraneous matter) Your home needs to be spotless. I don’t need to say much more here do I??

Leave The Lights On – It’s dark and dreary alot this time of year. Leave every light in your home turned on for showings. Don’t forget the front porch light so the Realtor can see to get the lockbox open.

Plan Ahead – It’s going to snow soon (or freezing rain or sleet, you get the idea). Make arrangements to have the snow and ice cleared off of your driveway and sidewalks. Also put a mat or rug inside your front door for Realtors and homebuyers to wipe off their shoes.

Thinking of selling your West Chester, Liberty Township or Mason Ohio home? Request a Market Value Analysis of your home here

Other articles that you may find interesting:

Preparing your home for sale – Part 1

7 Steps To Get Your Expired Listing Sold

For more information on selling a home in West Chester, Liberty Township, Mason Ohio fill in the form below and we will get back to you as quickly as we can!

7 Steps To Get Your Expired Listing Sold

September 29, 2011 by Eric Lowry Leave a Comment

7 Steps To Get Your Expired Listing Sold

So your home has been on the market for quite a long time and it just won’t sell. The first thing you should know is that there is a problem somewhere. Homes for sale in West Chester, Liberty Twp & Mason Ohio that are priced right and are in great condition are selling, and are selling pretty quickly. Here are 7 steps for getting your home sold when it has been on the market too long or the listing has expired:

1. Consider re-listing your home for sale. Please understand, I don’t mean just re-list to get yourself a new MLS number. I mean really re-list your home. Change your price. Change your agent/broker. Change your photos. Change your mindset about selling.

2. Consider offering some incentives. Offer to pay the buyer’s closing costs. Offer to pay the buyer’s agent a higher commisson. Offer to put all brand new kitchen appliances in the home if yours are older.

3. Make your home available for showings at anytime. If you are serious about selling your home, don’t put limitations on when it can be shown. If you have pets that cause issues for showings, make arrangements for them to stay at a friend’s house or at a pet boarding center.

4. Be sure you have the best marketing. Do you have the maximum number of high quality photos, a virtual tour, a YouTube video, Craigslist advertising and exposure to all of the national as well as local internet websites? You better have, if you want your home sold!

5. Be sure you have the best photos. Yes, I am repeating this one. It is crucial that you have great photos and plenty of them. Keep in mind, if your home has been on the market for quite a while, your photos are old. They need to be current with the seasons. No pictures of homes with trees with no leaves and NO SNOW!

6. Be sure that you have the right list price. Get an updated Market Value Analysis of your home. Real estate market conditions change. Be sure you have the most current information.

7. Get your home professionally staged. I know you didn’t have it staged before you listed your home for sale the first time, because if you had done so, your home would already be sold.

So there is a good start. If your home was listed for sale for too long and you are frustrated take these tips to heart. If you are looking for solutions and want a second opinion give us a call. We can get your home sold. We specialize in homes that should have sold, but didn’t.

Just fill out the form below and we will contact you as quickly as we can.

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

Selling 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 home 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.

Home 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!

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.

West Chester & Liberty Township OH Real Estate: The Top Reasons Your Home Didn’t Sell

December 29, 2010 by Eric Lowry Leave a Comment

So your home was listed for sale and didn’t sell. No doubt you have tried to figure out why. Here are the top reasons that your home didn’t sell when you had it on the market listed for sale:

Reason #1: Your home is not staged!

As I have discussed in previous articles, preparing your home for sale is critical. In today’s real estate market hiring a professional stager is the surest step to success you can take. We have come to believe that staging a home for sale is so important that when you list your home for sale with the Lowry Team by January 31st, 2011 we’ll include a staging consultation at no additional cost to you.

Reason #2: Your home is not updated!

What does your home is not updated mean exactly? While this can be a little subjective, it means your home is freshly painted in modern, neutral colors, you have clean, newer, neutral carpet, stainless steel appliances, newer light fixtures and newer bath fixtures to start.

Reason #3: Your home is difficult to show!

What is difficult to show? If an agent is showing homes in West Chester, Liberty Township, Beckett Ridge and they call to set an appointment on your home, is the process quick and easy? Or is the agent told that they can only show your home on weekends or only after 5:00pm during the week. Can your home only be shown when you have time to run home and get the pets out of the house or clean the litter box? The only acceptable showing instructions that you should have, are that your home can be shown with very short notice, any time or day of the week. You cannot afford to miss a single showing. And by the way, please don’t suggest the agent come on a different day because it would be better for you. They aren’t coming back.

Reason #4: You have the wrong real estate agent!

Picking the right real estate agent is critical to your success in selling your home. You are relying on your agent to provide the very best pricing strategies. You are depending on your real estate agent to have the very best, cutting edge marketing plan. You are depending on your real estate agent to be sure that you have the very best photos of your home taken, to interpret the feedback from showings and to be available when it matters most. You are depending on your real estate agent to be able to negotiate the very best possible terms in the offer to purchase for you. Be sure that you have the right West Chester & Liberty Township real estate agent representing you in the sale of your home!

Wondering what your home is worth in today’s real estate market? Request a market analysis here!