Buyers and sellers always have a lot of questions this time of year: Is now a good time to buy or sell a home? Where are prices headed? And what are the local trends that will impact my home search or sale?
@properties co-founders Thad Wong and Mike Golden share their insights on these questions and more in @/The Market, our 2019 Market Outlook – the first of four quarterly updates to keep you informed.
When it comes to generating maximum interest and top dollar for your home, setting the right listing price (the first time) is crucial. Why?
An overpriced home can scare off buyers, so it’s essential to set the right price during that critical “New Listing” period in which the largest pool of potential buyers will see your property.
When negotiating to buy the house of your dreams, it is your real estate agent’s job to introduce you to the many tools available to keep your investment secure and protected throughout the home-buying process.
One such tool to protect your interests in a residential real estate transaction, whether you are the buyer or the seller, is an escrow account.
According to NAR, 77% of buyers’ agents indicated staging a home made it easier for a buyer to visualize the property as a future home. Before you list your home, follow this list of staging preparations to highlight a home that sells.
Taxes may be the last thing on your mind as you advance through the homebuying process. Yet, there are important tax considerations that need to be worked out before you get to the closing table. One of those considerations is property tax proration.
Property tax proration is a way to split property taxes fairly to ensure that each side is paying for the specific time that they were owners of the property. Since Illinois property taxes are paid in arrears, tax proration ensures that the buyer is fairly compensated for the tax bills they will receive after the closing, for the period in time in which the seller still owned the property.
Your real estate broker can help you better understand what tax proration is, how it works, and how it is calculated. Once you have a home under contract, your real estate attorney will work with the seller’s attorney to determine the exact amount due to you during the attorney review process.
Unofficially, the spring selling season begins after Super Bowl Sunday. This means there is still time to transform your home into a house in which a potential buyer could envision themselves living. Preparing your home to sell can quickly become an overwhelming hurdle if you don’t approach it as a series of small steps. Follow this week-by-week checklist to have your home ready to list by the peak selling season.
What makes a house a home? It depends on who you ask.
For some of us, it’s shiny new appliances and a full slate of amenities that serve as an extension of the home. For others, it might be a home with vintage charm or an established neighborhood with a quaint downtown.
When it comes down to a decision to buy new construction or an existing home, it’s important to determine what’s best for you based on your lifestyle, and your needs and wants. Here are some of the unique advantages of both:
From money-saving gadgets to devices that provide an extra level of security, it’s easy to see why smart-home technology is becoming more and more popular. In fact, it can even increase the appeal of your home to potential buyers should you plan to sell.
Sam Cusentino was born to sell Chicago real estate, literally. As a Chicago native, born and raised in Lincoln Park, Sam is equipped with the unbeatable local knowledge needed to guide his clients into the home of their dreams. Pair that with 10 years experience in customer service and management for a match made in Chicago real estate heaven.
Sam’s revealing how he likes to live local– sharing his favorite tacos in the city, the organization at which he rescued his beloved pup, how growing up in Chicago has shaped his career, and much more in this weeks Agent Spotlight.