Realty Executives Exceptional Realtors®
Serving NJ, Eastern PA & the Hudson Valley in NY
Realty Executives Exceptional Realtors®
In today’s real estate market, setting the right price for your house is one of the most valuable things you can do.
According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase 4.7% in 2020 and 4.1% in 2021. This means experts anticipate home values will continue climbing into next year. Today, low inventory is largely keeping prices from depreciating. Danielle Hale, Chief Economist at realtor.com, notes:
“Looking at the sheer number of buyers, low mortgage rates, and limited sellers, the strength of home prices–which are now growing at the highest pace since January 2018–makes sense.”
When it comes to pricing your home, the goal is to increase visibility and drive more buyers your way. Instead of trying to win the negotiation with one buyer, you should price your house so that demand is maximized and more buyers want to take a look.
How to Price Your Home
As a seller, you might be thinking about pricing your house on the high end while so many of today’s buyers are searching harder than ever just to find a home to purchase. You’re thinking, higher price, greater profit, right? But here’s the thing – a high price tag does not mean you’re going to cash in big on the sale. It’s actually more likely to deter buyers and have them looking at the houses your neighbors are selling instead.
Even today, when the advantage tips toward sellers because there are so few houses for sale, your house is more likely to sit on the market longer or require a price drop that can send buyers running in the other direction if it isn’t priced just right.
A Trusted Real Estate Professional Will Help
It’s important to make sure your house is priced correctly by working in partnership with a trusted real estate professional. When you price it competitively, you won’t be negotiating with one buyer over the price. Instead, you’ll have multiple buyers competing for the home, and that’s what ultimately increases the final sale price.
The key is making sure your house is priced to sell immediately. That way, it will be seen by the most buyers. More than one of them may be interested, and your house will be more likely to sell at a competitive price.
Bottom Line
If you're thinking about listing your house, let’s discuss how to price it right so you can maximize your exposure and your return. Call Realty Executives Exceptional Realtors® at (866) 742-5732 or email us at ClientCare@RealtyExecutives.com.
Many people dream of having a walk-in closet when they're shifting to a new place or getting renovations done. However, most of them don't realize how important managing such closets are. The only way to take full advantage of your walk-in closets is by organizing and cleaning them well. A well-managed closet usually has more room for storage and looks nice too.
Here are some of the easiest tips to organize your new walk-in closet. Following these will help you in the long run, especially if you've recently had a walk-in closet made.
Store Folded Items In Separate Boxes
Hanging everything in your closet isn't a practical idea. Many people choose to fold the items they don't need regularly or the ones that require no ironing. However, putting all the folded items together makes the closet messier.
A better idea is to use small-sized boxes to put all the folded items inside. You can put these boxes inside your drawers and on the shelves to compartmentalize the space. Try learning smart folding techniques to minimize your space usage. Once folded tightly, put similar items together in the boxes and place the boxes inside the closet neatly.
Stack Shoes On Shelves Instead Of Using Storage Boxes
Storing all of your shoes in separate boxes might keep them clean, but it will consume a lot of space. Try to get straight and wide shelves fitted over and below your hanging compartments. Align your shoes neatly over these shelves with minimal space separating one pair from another. It would be smart to put the right and left shoe on opposite shelves to save even more space.
Use Small Boxes And Trays For Accessory Storage
Putting all your jewelry on display in your walk-in closets isn't a practical idea. Use all the empty jars, boxes, and ice-cube trays in your kitchen for your benefit instead.
Storing your accessory items in smaller boxes protects them and makes room for more jewelry in your collection. You can use identification labels for each storage box so that you can easily find what you need.
Install Better Lighting And Mirrors
Bright lights and mirrors used in a walk-in closet make it look wider and cleaner. Try using warm lights and one of two tall mirrors in your closet to give an illusion of more space. A well-lit cabinet with mirrors will also make it easier for you to get ready. You can see how you're looking and can do your own makeup perfectly. We suggest going for a full-length mirror with vanity lights on its sides for a modern look.
Go For Hangers And Hooks
Hanging your clothing items keeps them wrinkle-free and saves a lot of your closet's space. Try to hang multiple belts and scarves on the same hanger to save space. Additionally, you can get hooks attached at your door's back and empty walls to hang your loungewear and other casual items.
If you are looking for your dream closet, consider contacting Realty Executives Exceptional Realtors® at (866) 742-5732 or email us at ClientCare@RealtyExecutives.com. We will be happy to you find what you are searching for.
The current ups and downs in the global economy are affecting almost everyone. Today, keeping one’s credit score high is harder than ever. However, the changing economic trends have led many to make significant financial decisions, such as applying for a mortgage.
More people are now realizing the need to own real estate because it ensures them of their secure future. As great as owning some property sounds, not everyone can afford to purchase a home for cash. Hence, many people choose to take out a mortgage - something that can affect their credit score.
If you’re worried about your mortgage application affecting your credit score negatively, keep reading to see what you can do!
What Is Mortgage Pre Approval?
Understanding mortgage pre approval is an essential step in learning how a mortgage application can affect one’s credit score. Applying for a mortgage requires the applicant to get their credit inquired from a credit bureau. Such an inquiry helps the lender decide if you are qualified get a mortgage or not.
Simply defined, a mortgage pre approval is a certification showing that the applicant’s credit and finances have been carefully looked at by a professional. Generally, people provide their income, assets, finance, debts, and other such details to a loan officer for inquiry. The officer looks at these details and determines the amount that the applicant can afford to pay each month and also determines the interest rate and the maximum amount that the bank is willing to lend the applicant.
This report is generally referred to as a mortgage pre approval.
How Mortgage Pre Approval Affects Your Credit
Undoubtedly, repeated credit checks and inquiries can be detrimental to your credit health. However, this is not the case with every inquiry. Many people think that getting a mortgage pre approval will always affect their score. The truth is, the kind of inquiry that is done by the loan office is what decides whether your credit is affected or not.
An inquiry about your credit can either be a hard inquiry or a soft one. Hard credit inquiries are only performed if you allow them. These are detailed and look at each of your financial aspects very closely. Such inquiries do affect your credit score negatively. On the other hand, soft inquiries are surface-level credit checks that can be done without your permission and don’t affect your score at all.
How to Get Your Credit Ready for a Mortgage
Getting your credit ready for mortgage pre approval is not difficult. Here’s what you can do:
All these steps will make your credit report better. This, in turn, will help you get mortgage approval easily.
For assistance with obtaining a pre approval or to determine your credit score, contact Realty Executives Exceptional Realtors® at (866) 742-5732 or email us at ClientCare@RealtyExecutives.com.
If you are on a tight budget after moving in your new home, there are plenty of ways to decorate on the cheap. How many bags of trash do you accumulate within a week? 1? 2? Maybe more?
As climate change accelerates, global movements have pushed people to reduce waste and adopt a more sustainable lifestyle. People may think that recycling their garbage and buying eco-friendly products is more than enough, but the truth is that it isn’t.
What everyone should be doing is reducing the number of products they’re throwing away. One way to do this is by purchasing reusable items, but if someone has non-reusable items that they don’t need anymore, what do they do?
This is where DIY comes in! There are a bunch of great DIY products that anyone can make using their trash. Some popular DIYs are listed down below. These will help reduce waste and create excellent items that can be used around the house.
1. Tin Can Plants
Tin cans are found in pretty much every house; some people will have old cans of paints while others will have empty tinned vegetable cans. All these tins can be repurposed as plant holders! Here’s how.
First, empty and wash the tins. After that, spray paint the tins a bright color. Once the paint is dry, some patterns could be created. Some people may draw geometrical designs; others may decorate the tins with colorful abstract drawings. Once the tin is painted, wait for it to dry and then fill it up with a lovely plant.
This DIY ‘tinned’ plant can be a nice piece of décor for both inside and outside the house. These tin-can plants can also complement the furniture if painted and designed accordingly!
2. Bottle Cap Map
Bottles are often repurposed as vases or item holders. However, what ends up in the trash are bottle caps. These small items are thought of as useless and often thrown away, but that’s not true! Bottle caps can be repurposed to create beautiful art pieces that will serve as a wonderful decoration for your house.
A bottle cap map is one such piece. To make a bottle cap map, one has to store any bottle caps that may otherwise be thrown out. Once a considerable amount of bottle caps have been collected, decide what map you’d like to make. A common one most people do is the US map.
Create a rough outline of the map and then begin to fill it with bottle caps. Most people use a wooden canvas and hot glue to create bottle cap maps. A pro tip is to use bottle caps of different colors and designs to make the map stand out.
3. Tic Tac Spice Containers
Anyone with many old tic tac containers lying around can use them to create spice containers. They’re very simple to make too. All one has to do is clean the containers thoroughly and fill them with your desired spice.
Ensure that the containers are labeled. One can do this by merely using some colored paper and marker! This is a great DIY product, and can be made with other small containers too – not just tic tac boxes!
These are just a few simple and easy ways to DIY in your new home when you are on a tight budget.
Keeping the house clean has never been more relevant, as good hygiene (and regular hand washing!) is more important than ever. Nobody likes a dirty house, but keeping your house clean can be a lot of work. Doing all the cleaning alone can be a tough job, especially if the person cleaning doesn't know how to clean. Here are five simple and effective tips that'll make cleaning the house much easier.
Avoid Zone Cleaning
Zone cleaning refers to completely cleaning a single part of the house, before moving onto another. A lot of people can get caught up in trying to make sure one area of the house is as presentable as possible. After putting all their efforts into making sure one area is clean, they lose motivation and do not have enough energy for the other rooms.
The pros recommend the habit of task cleaning. This means completing one chore around the entire house, such as sweeping or dusting, and then moving on to another chore. It will make cleaning go by much faster, and the extra steps makes this approach a better workout.
Arrange Cleaning Tools
One of the biggest mistakes that amateurs make is not keeping their cleaning tools together. It might seem like an over exaggeration, but knowing all your cleaning supplies are in one convenient location when you need them can be a blessing. Cleaners centralize all the supplies in a bucket or a tote bag for extra portability.
It would be terrible if you are starting to clean a room and you don’t have the right supplies. It'll be a waste of time, and gathering all the supplies from various closets and cupboards will make cleaning the house seem like a much tougher job. A well-arranged set of cleaning supplies can save you a lot of time and trouble.
Clearing out all clutter
The first priority when cleaning your house is to first clear out all the clutter - this is one of the most crucial tips. Go through the entire house and pick up any clutter that is visible, especially from surfaces you will later need to wipe down. While you’re at it, clear out all the garbage cans as well and it'll make the job much easier.
Vacuum basics
Ideally, before vacuuming the house, all fans should be turned off. This will stop dust from flying around everywhere while you are vacuuming. If there aren't a lot of carpets in the house, using a vacuum isn't necessary and isn't as effective as a broom or a mop. When vacuuming, make sure to vacuum in a grid pattern and cover all the nooks and crannies in the house.
Disinfection
Disinfecting the house is important now more than ever. Pour the disinfectant in a spray bottle, spray all the surfaces, and wipe down everything. Make sure to read the label on your disinfectants and rinse surfaces with a damp cloth if necessary. There are different recipes for home-made disinfectants online, but it's best to stay away from these. Buying a store-bought and approved disinfectant is the way to go to kill bacteria and protect against illness!
Conclusion
Everyone loves having a clean house but cleaning can be a drag. Following these various tips and tricks for household cleaning can make this dreaded chore go by much faster.
Realty Executives Exceptional Realtors® is here for all of your home needs. Call us at (866) 742-5732 or email us at ClientCare@RealtyExecutives.com.