Chris and Patty Clark
720-231-5200 BROKER/OWNERS Certified Residential Specialists Accredited Buyer Representative Graduate of the Real Estate Institute Master of Real Estate Certified Negotiations Expert Short Sale Foreclosure Resource BUYERS
Why you should not make any Major Credit Purchases*** Don't go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation. Every $100 you pay per month on a credit payment could cost you about $10,000 in home eligibility. For example, a car payment of $300/month could mean that you qualify for $30,000 less in a mortgage. Even if you have accumulated enough savings, you should consider not making any large purchases until after closing. The last thing you want is to know that you could have purchased a new home had you curbed the urge to spend. SELLERS Making a Good First Impression If you want buyers to be interested in your home, you need to show it in its best light. A good first impression can influence a buyer into making an offer; it influences a buyer emotionally and visually. In addition, what the buyer first sees is what they think of when they consider the asking price. A bad first impression can dissuade a potential buyer. Don't show your property until it's all fixed up. You do not want to give buyers the chance to use the negative first impression they have as means of negotiation. Ask around for the opinions others have of your home. Real estate agents who see houses everyday can give solid advice on what needs to be done. Consider what architects or landscape designers have to say. What you need are objective opinions, and it's sometimes hard to separate the personal and emotional ties you have for the home from the property itself. Typically, there are some general fix ups that need to be done both outside and on the inside. As a seller, you should consider the following: *Landscaping - Has the front yard been maintained? Are areas of the house visible to the street in good condition? *Cleaning or Redoing the driveway - Is your driveway cluttered with toys, tools, trash etc.? *Painting - Does both the exterior and the interior look like they have been well taken care of? *Carpeting - Does the carpet have stains? Or does the carpet look old and dirty? |
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