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10 Best Kept Secrets for Selling Your Home

Whether you live in Westerchester, Putnam or anywhere else for that matter the ten best kept secrets for selling your home are very simple steps. If you are thinking of selling in this hot market then I would suggest you read and follow them. You won't believe how easy it is to get more money for your property

Selling Secret #10: Pricing It Right

 

 

Find out what your Westchester or Putnam County home is worth, then shave 10 to 15 percent off the price! If that scares you...listen up! You will be stampeded by buyers with multiple bids, EVEN IN THE WORST MARKETS! You can rest assured they will bid up the price over what the comps showed. It takes REAL courage and most sellers don't want to risk it, however it is the best strategy for selling a home in todays market


 

Selling Secret #9: Half Empty Closets

 

 

Whether it be Westchester County or anywhere else, storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then organize whatever is left. Buyers will snoop so make certain to keep all your closets neat and clean 

Selling Secret #8: Lights On

Maximize the lights in your home. After location, good lighting is the one thing that every buyer says they want in a home. Remove drapes, clean the windows, change lamp shades and increase the wattage of your light bulbs. Remove or cut down bushes the are in front of the windows to let in sunlight. These few suggestions make a great deal of difference.

Selling Secret #7: Play The Agent Field

A real sale killer is having the wrong agent. No matter where you live, whether it be Westchester, Putnam or anywhere else you need to have the right broker. Often sellers hire friends and more often it doesn't work out and the friendship is over! Find a broker who is tech-savvy. He or she has many more tools than one who is not up on the most recent technology.

Selling Secret #6: Conceal The Critters

You might think a cuddley dog would warm the hearts of potential buyers. Think again! Not everyone is a dog or cat lover. Buyers don't want to walk into your home to see an unsightly or smelly kitty litter box nor do they want to see a dog bowl with kibble on the floor. It will give buyers the idea that your home is not clean. When your Realtor plans an open house send the pets to a pet hotel or to a friend for a day. It will be well worth it!

Selling Secret #5: Don't Do Upgrade or Over-Kill

In Westchester and Putnam Counties quick fixes do the trick! Mammoth makeovers, not so much. You are less likely to get your money back from huge improvement projects. Instead do updates that will bring a greater return. A fresh coat of paint, clean windows, new door handles, new cabinet hardware fix leaky faucets and clean grout are but a few inexpensive ways of getting you top dollar.

Selling Secret #4: Take The Home Out Of Your House

One of the most important things to do when selling your property is to "de-personalize" it. Remove at least one-third of your stuff and put it in storage. This includes family photos, memorabilia, collections and personal keepsakes. Consider hiring a homestager to maximize the full potential of your home. Staging simply means arranging your furniture to best showcase the floor plan and miximize the use of space.

Selling Secret #3 The Kitchen comes First

You are not selling your home, you are selling your kitchen - that's how important it is! The benefits of an updated kitchen are endless and the best part is you will probably get an 85% return on the money spent. The fastest, most inexpensive kitchen updates include painting, and new cabinet hardware. Use a neutral color to paint the kitchen as buyers will view it as a blank canvas where they can envision their own style. If you don't have a lot of money to spend, buy one stainless steel appliance. Why one? When people see one high-end appliance they think all the res are high-end also and it updates the kitchen.

Selling Secret #2: Always Be Ready To Show

Your house needs to be "show-ready" at all times. You never know when a buyer will want to see it. Don't leave dishes in the sink or the dishwasher. Be sure the bathrooms are sparkling and that there are NO dust bunnies in the corners. It might be a bit inconvenient, however it will help to get your house SOLD!

Selling Secret #1: First Impression Is Last Impression

No matter how pristine your home is on the inside, if the outside is a disaster a buyer will, more than likely, not want to see the inside. You will never have a second chance to make a first impression. Spruce up your home's exterior. Trim bushes or buy new in expensive ones and plant lots of brightly colored flowers. Annuals will work best. Often you can get a 100 perscent return on the money you put into your home's curb appeal. Entryways are also important. Make it welcoming by putting a bench there if possible, some flowers and even a plate of cookies. 

 

Mortgage News Daily

  • Permit to Completion - Builder Timeline Depends on Where and Why

    Posted To: MND NewsWire

    Despite complaints about labor, lot, and material shortages, builders needed no more time to build a home last year than they did in 2016. The time did increase compared to 2015 by about two weeks. Using data from the Census Bureau's Survey of Construction (SOC), the National Association of Home Builders (NAHB) concludes that the average time to build a single-family house was 7.5 months. The actual building time was about 6.5 months following a typical delay of around 30 days after the permit was authorized. Data from the 2015 survey showed the time from permit to completion at 7 months. The range however is wide, from less than a month to more than 6 years. Much depends on who is building the house, for what purpose, and where. , writing in NAHB's Eye on Housing Blog, says that houses built...(read more)

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  • MBS RECAP: Bonds Gain Despite Data Surprise and Stock Rally

    Posted To: MBS Commentary

    Before any discussion about market movement in July, we have to set the stage with some disclaimer about "slow summertime trading." That was the subject of this morning's commentary ( read it here , if you like). With that out of the way, we're equipped to pay the appropriate amount of attention to today's seemingly interesting events. First up, we had a reasonably strong move in European bonds overnight help set a mildly positive tone for the start of domestic trading. The biggest volume spike of the early morning came at 8:30am in response to the Import Price data, which came in much lower than expected. Bond yields/prices, themselves, only moved a bit, however--a fact that likely reflects the nearness of yields to the lower end of their prevailing range. The other notable...(read more)

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  • Lowest Rates Since May, But There's a Catch

    Posted To: Mortgage Rate Watch

    Mortgage rates fell by an observable amount today-- one of the few times they've done so in recent weeks. Technically, today's average lender is offering the best we've seen since May 31st. That sounds pretty great, right?! Unfortunately, there's a fairly big catch. While today's rates are indeed the best in a month and a half, the range during that time has been so excruciatingly narrow that most prospective mortgage borrowers will find the distinction fairly meaningless. In almost all cases, the actual NOTE rate at the top of your loan quote will be the same as it has been for weeks. The only change in lenders' rate sheets is in the upfront cost associated with that rate. In other words, if you'd seen a quote of 4.75% with 0 points yesterday, today's quote would be more like 4.75% with a...(read more)

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  • MBS Day Ahead: Get Used to Coconuts, Probably

    Posted To: MBS Commentary

    I know I made a Looney Tunes reference last week, but another one is in order. For those that aren't familiar, Yosemite Sam is stranded on a desert island and sits down to a smorgasbord of coconuts, prepared in various ways: "tossed coconut salad, fresh coconut milk, New England boiled coconut," he says, feigning excitement just before breaking down and proclaiming "oooh I hate coconuts!!!!" Yosemite Sam's coconut menu plan is akin to trying to find a way to make something new and interesting out of summertime bond market movement. The fact is that at some point in June or July, almost every year, bonds end up either pausing or reversing, and volumes generally begin declining in July, finally bottoming out in September, almost like clockwork. In the chart above,...(read more)

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  • Construction, Warehouse Products; Free LO Comp Webinar; Shifting UW Criteria

    Posted To: Pipeline Press

    Events and Training Don't miss out on the Lenders One 2018 Summer Conference in Salt Lake City, Utah, August 5-8, at The Grand America. In an age of disruption, it's never been more important to learn from peers and industry leaders. Keynote speakers Alison Levine and David Robertson will share ways to get ahead in a tough market, and attendees will be able to select from 16 curated education sessions led by industry experts. Topics include: improving margins, generating business through MarTech, rethinking your compliance strategy and five Secondary Market panels. Touted as the most valuable part of conference, Lenders One has expanded networking opportunities for members to connect with peers and explore best practices. Reserve your spot by this Friday, July 13, or contact Lauren Ketchum...(read more)

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  • Mortgage Rates Still Can't Find Inspiration

    Posted To: Mortgage Rate Watch

    Mortgage rates stood a very decent chance to experience the highest volatility of the week today thanks to the most important economic data of the week being released this morning. The Consumer Price Index (CPI) is the most widely-followed inflation metric in the U.S. and inflation is a big deal for the bonds that underlie rates (including mortgages). On numerous occasions over the past 2 years, we've witnessed clear connections between variations in CPI data and subsequent volatility in rates. But not today... The biggest issue today was that CPI ended up being pretty boring. In other words, the actual numbers were very close to the forecast. Bonds (and thus, interest rates) didn't have much of a reaction. Even then, we may well wonder how big of a reaction we would have seen if the data was...(read more)

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  • MBS RECAP: Bonds Hold Steady Despite Big Ticket Events

    Posted To: MBS Commentary

    Welcome to summertime in the bond market, where each day is narrower than the last! The same can be said for the past 2 weeks and the past several months, for that matter. By a wide margin, the 3-day trading range surrounding the apex of the Italian political drama easily contains every minute of trading since then. To put that in perspective, that 3-day range was 2.78-3.01% in 10yr yields. Today's range was 2.84-2.87%. The only interesting thing that can be said for bonds during that time is that they've generally moved lower in yield and generally been willing to remain near those lows. Today didn't do anything to change the summertime tone. We even had the week's most anticipated economic data (at least for the bond market) in the form of CPI. Unfortunately for those hoping...(read more)

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  • Inflation Data Shows Deceleration in Housing Costs

    Posted To: MND NewsWire

    While the Labor Department's Employment Situation Report for June showed wages plodding along at a 2.7 percent annual increase, unchanged from May, it is still being outstripped by rising costs, especially for housing. Today's Consumer Price Index (CPI) report shows consumer costs overall were up 2.9 percent with the shelter portion rising 3.4 percent over the last 12 months. Shelter is one of the categories in the CPI's "market basket," the goods and services that the Bureau of Labor Statistics (BLS) considers necessary for day-to-day living. The CPI does not include housing units which it views as capital or investment rather than consumption items. Shelter is viewed as a "service" provided by that investment and is thus a consumption item. The cost of shelter is broken down into two components...(read more)

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  • New Home Sales Need More Trees and Contractors

    Posted To: MND NewsWire

    The Mortgage Bankers Association (MBA) is projecting a decline in new home sales for June, putting them significantly behind those in June 2017. MBA's Builder Applications Survey (BAS) shows mortgage applications for the purchase of newly constructed homes were down 12 percent from May and 8.8 percent year-over-year. The survey's results are not adjusted to reflect seasonal patterns. "Applications for new home purchases fell in June, both compared to last year at this time and relative to May, which fits the seasonal pattern. So far this year, new home applications are up 2.5 percent relative to the first 6 months of 2017. Our sense is that builders remain constrained by the tight job market for construction labor and rising input costs, particularly lumber costs ," said Mike Fratantoni, MBA...(read more)

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  • Full Radio Interview With Fed Chair Powell

    Posted To: MBS Commentary

    In a fairly rare turn of events, Fed Chair Powell gave a rather lengthy radio interview with Marketplace's Kai Ryssdal. Here's a rather lengthy transcript. Note: This is far from "required reading" given that there's been essentially no market reaction, but it is nonetheless useful insight for those who like to dissect every communication from the Fed Chair (not a bad habit for anyone who cares about big picture market themes. Dissecting all of Bernanke's communications helped us get ahead of what was happening during the taper tantrum, for instance). Here's the interview: Kai Ryssdal : So this is a weird way to start this interview. But the thing is that Fed chairmen don't do a whole lot of interviews. And this is, I think your first broadcast interview, right...(read more)

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Bonnie Koff  |  Licensed Associate Real Estate Broker  |  William Raveis Legends Realty Group  | Tarrytown Office 
914-332-6300  |  37 Main Street, Tarrytown, New York 10591  |  Email