Colleen Griffin - RE/MAX Vision



Posted by Colleen Griffin on 7/30/2018

What Is The Disclosure Statement?


Disclosure statements are used in many of lifeís situations. This is the place where the buyer is able to learn about the ins and outs of the property that they are about the buy. Examples of items that would be on a sellerís disclosure are:


  • Water in the basement
  • Updates made to the home
  • Known pests
  • Paranormal activity
  • Death on the property
  • Past fires
  • Nearby major construction projects
  • Title 5 sewerage issues 


Disclosures Serves As Protections


The disclosure statement serves as a protection for both the buyer and the seller. From a buyerís perspective, through this information, they are able to understand a bit more about the property that they are potentially buying. 


On the sellerís side of things, the disclosure statement serves a s legal protection of sorts. The seller is obliged to reveal anything about the property that could potentially affect the value or affect the living conditions.


How Does The Seller Make The Disclosure


Each state and even each city within a state varies in the way a disclosure is conducted.  The statement can be composed of dozens of documents that need to be signed by the seller. Other states have disclosure document forms that consist of a series of yes or no questions about the home. Sellers may also be required o present communications between neighbors, owners, and agents. In some states, the disclosure statement is valid for up to 10 years, allowing buyers to collect damages if something wasnít properly presented on the statement.  


How Do Sellers Know What To Disclose?


The basic rule of thumb is that if you know something about your property, you should disclose it. If you try to hide something, it could come back to meet you in the form of a lawsuit, even years later. Many states have legal requirements as to what should be revealed on these documents.  


Whatís Disclosed To Buyers?


The disclosure doesnít have to be all bad. This document is also an opportunity for sellers to present any of the improvements that they have made to the home. Make sure that you include all of the upgrades, renovations, and improvements that you have made to the home that youíre selling. This can help to impress buyers as to how well you have taken care of the property.


Itís easy as the buyer to check some of these improvements as you can find out if the work was done with or without permits by checking with the cityís zoning reports. Work that was done without a permit may have not been completed according to code. This could pose some serious health and safety risks to you and your family. 


Problems that youíll want to disclose as a seller include pest problems, property line disputes, disturbances in the neighborhood, liens on the property, and appliance malfunctions. 


Remember that the disclosure doesnít substitute the buyerís right to a professional inspection of the property. Itís important for buyers to know as much about a property as they can in order to be sure theyíre making a good investment.





Posted by Colleen Griffin on 7/16/2018

Looking to sell a house for the first time? Ultimately, your home's curb appeal may dictate how quickly you can proceed along the home selling journey.

Typically, a house with an awe-inspiring exterior will make a great first impression on homebuyers. This means homebuyers may become more likely to pay attention to this home over others and submit an offer that matches or exceeds a home seller's expectations.

On the other hand, a home that has a messy, uncut front lawn, cracked and chipped exterior paint and other exterior problems is unlikely to generate substantial interest from the right groups of homebuyers. As such, this home may remain on the housing market for an extended period of time.

Lucky for you, we're here to help you upgrade your house's curb appeal before you add your residence to the real estate market.

Now, let's take a look at three tips to help you bolster your home's curb appeal and increase your chances of a fast, profitable home sale.

1. Take an Objective Look at Your Home's Exterior

For first-time home sellers, it is important to do everything possible to guarantee that a residence stands out from the competition. And with a few simple home exterior improvements, a home seller can improve a house's curb appeal quickly.

Home exterior maintenance like mowing the front lawn, clearing debris from walkways and trimming the hedges can make a world of difference in the eyes of homebuyers.

Also, if you want extra help with home exterior tasks, don't hesitate to reach out to landscaping companies or other home exterior maintenance professionals. These home exterior experts should have no trouble helping you transform an ordinary home exterior into a dazzling one.

2. Conduct a Home Appraisal

A home appraisal offers a wonderful opportunity for a first-time home seller to identify potential home exterior issues and address such problems without delay.

During a home appraisal, a property inspector will assess a house both inside and out. He or she likely will spend several hours analyzing a house's strengths and weaknesses. Then, when the property inspector's evaluation is complete, he or she will provide a report that details the assessment findings.

A first-time home seller should analyze a home appraisal report closely. By doing so, this home seller can find out what it takes to upgrade a house's exterior and map out assorted home improvements accordingly.

3. Consult with a Real Estate Agent

If a first-time home seller is unsure about how to improve a house's curb appeal, consulting with a real estate agent is ideal. This housing market professional can offer honest, unbiased home exterior improvement recommendations to help a home seller bolster a house's curb appeal.

Furthermore, a real estate agent is happy to respond to a home seller's concerns and questions throughout the home selling process. He or she will serve as a home selling guide and do everything possible to help a home seller achieve the optimal results.

Take the guesswork out of boosting a home's curb appeal Ė first-time home sellers can use the aforementioned tips to enhance a house's curb appeal in no time at all.





Posted by Colleen Griffin on 7/9/2018

Whether you plan on selling your house in the next few years, or if you just want to make some much needed updates to your home, renovations can be a great way to increase the value of your property.

However, not all updates will pay for themselves. Some upgrades that we want for personal reasons, such as building an addition for more space, could come back to haunt you if it isnít to the taste of potential homebuyers in the future.

So, in this article, weíre going to talk about five simple updates to your home that have the best chance of increasing its selling price. That way, when you do finally decide to move on from your home, you can sell for the price you know your home is worth.

Improve your lighting

You donít have to be a carpenter to increase the value of your home. When a potential buyer enters your home for the first time, two of the first things theyíll notice are the lighting and the spaciousness of the room.

Since lighting is an essential part of creating spaciousness, increasing the former will also increase the latter.

So, what are some ways you can increase lighting?

  • Add recessed lights to the ceilings of your home. It will open up space in the ceiling and allow for a greater number of lights overall.

  • Add lighting under the cabinets in your kitchen

  • Use large mirrors for decoration to increase lighting and create the illusion of spaciousness in smaller rooms

Painting for the modern homeowner

Home decor trends come and go. Not long ago, wallpaper was the go-to choice. However, the surest way to increase the value of your home is to use bright and neutral colors since, statistically, these appeal to the largest number of people.

Fresh paint and good lighting work together to make your home seem more polished and modern. And, for just a few hundred dollars, you can paint your whole home.

Remember, however, that it is easy to scuff up the walls in your home. So, itís a good idea to paint closer to the date you think youíll be trying to sell.

Low maintenance landscaping

While there are people who enjoy mowing the lawn on Saturday morning, those people tend to be few and far between. One thing potential buyers will consider when viewing your home is how difficult it will be to take care of the yard.

Adding an irrigation system, removing unnecessary obstacles, and planting hardy bushes and plants will woo potential buyers.

Upgrade the most outdated room in your home

If your home is in need of serious upgrades, itís best to start with the room that needs it the most, especially if that room is a bathroom or kitchen. Replacing an old vanity or putting new tile down can be simple ways to spruce up a bathroom thatís looking dated.

Fix the little things

If you have a couple of years before you plan to sell, that gives you time to fix the small issues that youíve noticed and will continue to notice. Maintaining your home now will give you less to worry about when the time comes to sell, and you donít want to be dealing with leaking faucets when that day arrives.





Posted by Colleen Griffin on 7/2/2018

If you receive an offer to purchase your house, determining how to proceed with this proposal sometimes can be difficult. Ultimately, a home seller needs to weigh the pros and cons of accepting an offer to purchase. And if the pros outweigh the cons, it probably is a good idea to accept the homebuying proposal.

When it comes to reviewing an offer to purchase, there are many reasons why a seller should accept this proposal, and these include:

1. An offer to purchase matches or exceeds a home seller's expectations.

If a home seller receives an offer to purchase at or above the initial asking price for his or her house, accepting the proposal likely is a no-brainer. In fact, a seller may want to provide an instant "Yes" to this offer so he or she can quickly move on to the next step of the property selling journey.

Of course, it helps to establish realistic home selling expectations before listing a residence. If a seller sets a competitive initial asking price that corresponds to his or her home selling expectations, then this individual may be better equipped than others to enjoy a seamless property selling experience.

2. An offer to purchase falls in line with the current housing market's conditions.

If you're selling a home in a buyer's market, you may pounce at the opportunity to accept any offer to purchase that comes your way. Comparatively, if you list your house in a seller's market, you may need to consider all of your options closely before you accept an offer to purchase.

As a home seller, you should evaluate the current state of the real estate market. If you allocate time and resources to learn about the housing market, you can gain real estate market insights to help you determine whether to accept an offer to purchase.

3. An offer to purchase enables a home seller to speed up the property selling process.

If you're operating on a tight home selling timeline, you may be more inclined than ever before to accept an offer to purchase, even if it falls below your initial expectations. Conversely, if you plan ahead for the home selling journey, you may reduce the risk of facing a time crunch to sell your house.

For home sellers, hiring a real estate agent is key. This housing market professional can help a seller prepare for the real estate market and ensure that a seller sets a competitive price for his or her house. Plus, a real estate agent will set up home showings and open house events to showcase a residence to prospective buyers. And if a seller receives an offer to purchase, a real estate agent can provide a recommendation about the best way to respond to this homebuying proposal.

Ready to add your house to the real estate market? Collaborate with a real estate agent, and you can boost the likelihood of getting an offer to purchase your home that allows you to maximize the value of your property.





Posted by Colleen Griffin on 5/14/2018

If you intend to sell your house, it pays to learn about the home selling process. By doing so, you can understand exactly what it takes to enjoy a seamless home selling experience.

Ultimately, there are three steps to sell your house:

1. Prep Your Residence

Take some time to learn about your residence's strengths and weaknesses. That way, you can identify any problem areas in your house and allocate the necessary time and resources to mitigate any issues that otherwise could slow down your home sale.

In many instances, it is helpful to schedule a home appraisal. During a home appraisal, a property expert will examine your residence both inside and out, as well as evaluate your home in relation to comparable houses in your city or town. Following a home appraisal, you will receive a property valuation that can help you establish a competitive initial asking price for your house.

Also, scrub the floors, clean the kitchen countertops and perform extensive home interior cleaning. And don't forget to mow the front lawn, trim the hedges and complete various home exterior maintenance and upgrades as well.

2. List Your House

Adding your house to the real estate market can be simple, especially if you work with a top-notch real estate agent.

Typically, a real estate agent will meet with you and learn about your home selling goals. He or she then will help you get your house ready for the real estate market, thereby increasing the likelihood that your residence will generate lots of interest from potential buyers.

A real estate agent is a must-have during the home selling journey. This housing market professional is unafraid to provide you with honest, unbiased home selling recommendations as you proceed along the home selling cycle. As a result, a real estate agent can help you optimize the value of your residence, regardless of the housing market's conditions.

3. Negotiate and Accept an Offer

Oftentimes, home showings and open houses will be held to showcase your residence to prospective buyers. If buyers like what they see, it may be only a matter of time before you receive multiple offers on your residence.

If you receive a home offer, you probably will have a short amount of time to decide whether to accept, reject or counter this proposal. Consider your options closely, and if you are not satisfied with an offer, you should not hesitate to walk away from the proposal.

On the other hand, if you receive an offer that you like, you can accept it. At this point, a buyer may perform a home inspection to further assess the condition of your house. And if the inspection goes well, it may be only a few weeks before all of the necessary paperwork is finalized and your closing date arrives.

The home selling cycle may seem like a long, arduous process at first. Fortunately, if you follow the aforementioned steps, you can reap the benefits of a fast, profitable home selling experience.







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