- A clean uncluttered home sells
- Homes priced right sell
- Selling a home is inconvenient
- Repairs left undone will cost you more money than the repair itself
- Overpricing your home will help to sell your neighbor’s home
- Buyers love to grill sellers that are present for home showings
- Smelly homes sell for less money
- Cash is not always king
- Well maintained homes sell for more money
•Remove the clutter – put small things away
•Brighten areas up with light – open drapes and blinds, add lighting
•Re-purpose rooms – add some new furniture and paint
•Vary wall hangings – try different groupings
•Bring nature inside – add plants and fresh cut flowers
•Group in threes – odd numbers are preferred when grouping accessories
•Give areas a face lift – add new counter tops or cabinet doors if dated
•Add some color – paint with warm tans, honeys and soft blue-greens
•Beware of layout – pay close attention to the traffic flow of each room
•Clean – this is the cheapest and easiest way to improve the look of your home
• Having a good place to raise children and provide them a good education.
• Having a physical structure where you and your family can feel safe.
• It allows you to have more space for your family.
• It give you more control over what you do with your living space.
• Owning a home is a good way to build wealth that can be passed along to your family.
Source: Keeping Current Matters
At Ferguson Realtors our agents average 20.65 years of experience. That experience benefits buyers and sellers, as well as, fellow associates. Every real estate transaction offers its own set of unique challenges and it’s good to have other experienced folks surrounding you that you can call on for advise.
If you are looking to buy or sell real estate, or are someone newly licensed or looking to move your license, then call upon Ferguson Realtors at (865) 690-1300.
In addition to being a poor investment, these projects will often hurt the future sale of your home:
- Turning a bedroom into another type of space
- Installing an above ground pool
- Not keeping paint colors neutral
- Installing a hot tub
- Creating themed children’s bedrooms
When making changes or improvements to your home, always ask the question; how will this affect my home’s value and marketability when it’s time to sell?
What does your future home look like? Where is it located? As you hunt down your dream home, consult this list to evaluate properties and keep your priorities top of mind.
What neighborhoods do you prefer?
What school systems do you want to be near?
How close must the home be to these amenities:
- Public transportation
- Neighborhood shopping
- What architectural style(s) of homes do you prefer?
- Do you want to buy a home, condominium, or townhome?
- Would you like a one-story or two-story home?
- How many bedrooms must your new home have?
- How many bathrooms must your new home have?
- Do you prefer a new home or an existing home?
- If you’re looking for an existing home, how old of a home would you consider?
- How much repair or renovation would you be willing to do?
- Do you have special needs that your home must meet?
Please circle one of the choices: Must Have, Would Like, Willing to Compromise, Not Important
|Front Yard||Must Have||Would Like||Willing to Compromise||Not Important|
|Back yard||Must Have||Would Like||Willing to Compromise||Not Important|
|Garage ( __ cars)||Must Have||Would Like||Willing to Compromise||Not Important|
|Patio/Deck||Must Have||Would Like||Willing to Compromise||Not Important|
|Pool||Must Have||Would Like||Willing to Compromise||Not Important|
|Family room||Must Have||Would Like||Willing to Compromise||Not Important|
|Formal living room||Must Have||Would Like||Willing to Compromise||Not Important|
|Formal dining room||Must Have||Would Like||Willing to Compromise||Not Important|
|Eat-in kitchen||Must Have||Would Like||Willing to Compromise||Not Important|
|Laundry room||Must Have||Would Like||Willing to Compromise||Not Important|
|Finished basement||Must Have||Would Like||Willing to Compromise||Not Important|
|Attic||Must Have||Would Like||Willing to Compromise||Not Important|
|Fireplace||Must Have||Would Like||Willing to Compromise||Not Important|
|Spa in bath||Must Have||Would Like||Willing to Compromise||Not Important|
|Air conditioning||Must Have||Would Like||Willing to Compromise||Not Important|
|Wall-to-wall carpet||Must Have||Would Like||Willing to Compromise||Not Important|
|Wood floors||Must Have||Would Like||Willing to Compromise||Not Important|
|Great view||Must Have||Would Like||Willing to Compromise||Not Important|
Source: National Association of REALTOR®
The first step is to shop around; quotes on the same home can vary significantly from company to company.
Review the Comprehensive Loss Underwriting Exchange report.
CLUE reports detail the property’s claims history for the last five years, which insurers may use to deny coverage. Make the sale contingent on a home inspection to ensure that problems identified in the CLUE report have been resolved.
Seek insurance coverage as soon as your offer is approved.
You must obtain insurance in order to buy your home. And you don’t want to find out at closing time that the insurer has denied you coverage.
Maintain good credit.
Insurers often use credit-based insurance scores to determine premiums.
Buy your homeowner’s and auto policies from the same company.
Companies will often offer a bundling discount. But make sure the discount really yields the lowest price.
Raise your deductible.
If you can afford to pay more toward a loss that occurs, your premiums will be lower. Also, avoid making claims for losses of less than $1,000.
Ask about other discounts.
For example, retirees who tend to be home more than full-time workers may qualify for a discount on theft insurance. You also may be able to obtain discounts for having smoke detectors, a security system, and high-quality locks.
Seek group discounts.
If you belong to any associations or alumni organizations, check to see if they offer deals on coverage.
Conduct an annual review.
Take a look at your policy limits and the value of your home and possessions every year. Some items depreciate and may not need as much coverage.
Investigate a government-backed insurance plan.
In some high-risk areas, the federal or state government may back plans to lower rates. Ask your agent what’s available.
Insure your house for the correct amount.
Remember, you’re covering replacement cost, not market value.
Source: National Association of REALTORS®