Kirsten Hawkins's Articles in Real Estate

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Expert Author Kirsten Hawkins's Articles in Real Estate

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The Money Pit A dark legend in the world of real estate, the monster in the closet, the secret fear of all investors. Why do we do it? Why do we pour time and money, blood, sweat and tears, into a home renovation when the house turns out to be the equivalent of a lemon on the car lot? Staging A Home For Sale So your house is up for sale. It's a good house, well-priced for the neighborhood, and in decent repair. But nobody's buying. What's wrong? Sprucing Up Your Yard And Garden To Sell If you are thinking of selling your home, the best way to raise the value of your property is to fix the place up! Whether it be new landscaping, a new front door, remodeling the kitchen or bathroom, or building a fence, every dollar that you put into your home to make it better for the person who is going to purchase the home in the future. While you are in the process of fixing things up, putting dollars into your home may seem a futile effort. The Final Walk Through So you've bought a house. The paperwork is signed and in order, and all that remains is your final walk through. Wait! Your job isn't over. Small Is Beautiful Remember the studio apartment you had in college? That one room apartment served as bedroom, living room, kitchen and den; it probably held a daybed, a television, a coffee table, and maybe even the stove and refrigerator along one wall. Moving into a real home after experiencing such a cramped way of living can be a huge relief. So it comes as a surprise to some that home owners today are deliberately building smaller. Reversible Negatives When Buying A House So it's time to buy a house. Whether you're shopping on a budget or searching for your dream home no matter what the cost, there are a few things you should keep in mind when you go to view potential properties. Remodeling For Resale Value Home owners who remodel their homes or make improvements to their property naturally hope to recoup any costs when it comes time to refinance or put their home up for sale. However, when it comes to financing and the real estate market, some remodeling jobs are more valuable than others. If your main goal in doing a remodel is to raise the sticker value of your home, you might want to do some research on which remodels give you more bang for your buck. Renting Out Your Basement Some homeowners consider their basement a wasted space. It's used for storage, they say, and maybe during tornado watches, but for the most part, it can be a vast unused area just dying for some renovation. With property values on the rise, many homeowners toy with the idea of turning that space into a rental property. Owning vs. Renting In the recipe known as the American Dream, it’s one of the main ingredients: Owning your own home. With the real estate market of America in constant flux, it’s not as simple as it sounds to obtain. For those who are just starting out in the credit world, newly graduated with jobs, degrees, kids, or credit cards, the steps towards making this milestone purchase are getting steeper and steeper. Open Houses: Are They Worth It? Many home sellers who wish to expose their property to a larger market make the decision to hold an open house, and schedule a date and time during which they invite people to come and explore the property. Is it worthwhile for potential sellers to go through the hassle of an open house? Is it more risk than reward? Simple Tips For Showing Your Home If your home is on the market, it should be available at all times for showing to potential buyers. After all, how else do you expect to sell it? During the time your house is on the market, try to keep it prepared for a showing whenever possible. When you get prior notice that someone is coming to view your home, there are a few simple things you can do to ensure their viewing is a pleasant one. Owning Rental Property Many people today are intrigued with the idea of owning investment real estate. It sound like an awfully simple way to make money: Owning property, renting it out to tenants, and collecting rent payments. The truth is, it can be an extremely profitable venture, or it can be a train wreck. One Repair You Must Make There are many brave buyers are willing to purchase a home that needs renovation or repair. But there's one problem that will most likely send them all screaming. As the seller, it's in your best interests to tackle this problem head-on before ever considering putting your home on the market. The problem is mold. Out Of Date Real Estate As with any other possession, whether it's clothing or cars, there are trends in real estate that come and go. These trends eventually make their way down through the levels of home ownership, and mark a property as "clearly hot" or "clearly not." If you're planning on selling or buying, it might be wise to take a look at current "out" trends such as these. Nudge Up Your Property Value First impressions make a big difference, and selling your home is no exception. Sometimes big repairs and major renovations just aren't in the budget, but when it comes time to sell your home, you naturally want to get the best price possible. There are a few quick, affordable things you can do around your house to kick up your property value and leave potential buyers with a good feeling. And that good feeling might just lead to a good sale.

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