Jan. 14, 2019

The Cup Of Love

For my Wife on her Birthday…

As I cup my hands gently together,

and fill my hands with refreshing water,

to calm my thirst….

It reminds me of the love I have for you…

my beautiful wife…

Being older has made me wiser and now,

I see it clearly …

That the love I have for you is like,

holding water inside my hands.

If I never wanted to end…I have to keep refilling it with water.

The water symbolizes the love I have for you

I know it is a very delicate thing…

like holding water in the cup of your hand…

It will eventually drain out…unless I

keep refilling it everyday

This is why I promise to always give you

on a daily basis

love, comfort, respect, admiration and protection..

Not only I want to earn your love,

but I want to keep it forever…

I shall never stop refilling the water of the love I have for you.

…and I will do that

with my daily actions of appreciation

I’m so happy that you are by my side.

Happy Birthday Mi Amor!

Te Amo,

Fernando

 

Posted in Uncategorized
Jan. 8, 2019

Milestone Germantown MD | Buying A Vacation Property? Now Is A Good Time!

Milestone Germantown MD | Buying A Vacation Property? Now Is A Good Time!

 

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and whit type of houses they are looking for.     

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.      

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.      

Today I would like to talk to you about Buying A Vacation Property? Now Is A Good Time!

 

Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate.

For those homeowners staying at their first residence, AccuWeather warns:

“The late-week cold shot should fade next week, but this is a warning shot for winter’s return late in the month and early February.”

Given this, it’s time to go and stock up on winter weather supplies! However, if you’re tired of shoveling snow and dealing with the cold weather, maybe it’s time to consider obtaining a vacation home!

According to the Investment & Vacation Home Buyers 2018 Report by NAR:

“72% of vacation property owners and 71% of investment property owners believe now is a good time to buy.”

It’s time to take advantage of the equity in your home. As the latest Equity Report from ATTOM Data Solutions stated:

“Nearly 14.5 million U.S. properties (are) equity rich — where the combined estimated amount of loans secured by the property was 50 percent or less of the property’s estimated market value — up by more than 433,000 from a year ago to a new high as far back as data is available, Q4 2013.

The 14.5 million equity rich properties in Q3 2018 represented 25.7 percent of all properties with a mortgage.”

This means that over a quarter of Americans who have a mortgage would be able to use some of their home equity to make a significant down payment toward a vacation home, and many are doing just that! According to the same report by NAR:

“33% of vacation buyers purchased in a beach area, 21% purchased on a lakefront, and 15% purchased a vacation home in the country.”

Many homeowners who are close to retirement will use some of their equity to purchase vacation homes, which may eventually become their permanent homes post-retirement!

 

Bottom Line

If you are a homeowner looking to take advantage of your home equity by investing in a vacation home, let’s get together to discuss your options!

 

Source.. KCM Fernando Herboso Blog

 

To protect your interests and assure that you make the best possible decisions,  

it's important that you have a knowledgeable agent on your side who is an expert in the local real estate market.  

We are dedicated to keeping you on top of our local market. Rest assured that we will provide you with a well-informed,  

and the most updated strategic view for your home purchase in Germantown Maryland  

To reach us, please call 301-246-0001 

or send us an email  info@ReallyNiceHomes.com  

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system  

www.99SOLD.com - Call or text 240-426-5754 for more information

 

 

 

Posted in GERMANTOWN
Jan. 7, 2019

Sell My House in MD | Want to Get the Most Money from The Sale of Your Home? Use These 2 Tips!

Sell My House in MD | Want to Get the Most Money from The Sale of Your Home? Use These 2 Tips!

 

Most real estate brokers and agents don't really have all the tools needed to provide 100% selling services to sellers that need to sell their houses  quick, for cash and at a fair price.   

This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region.   

In order for most consumers to take advantage of the competition between these investors, we've created the perfect system. If you are in the market to sell you home and you are in need for a fair offer  right away... you've come to the right place.   

We can provide customised innovation towards all  your real estate needs if you are a home seller.  

Today, I would like to talk to you about Want to Get the Most Money from The Sale of Your Home? Use These 2 Tips!

 

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house?

Here are two keys to ensure that you get the highest price possible.

 

1. Price it a LITTLE LOW 

This may seem counterintuitive, but let’s look at this concept for a moment. Many homeowners think that pricing their homes a little OVER market value will leave them with room for negotiation. In actuality, this just dramatically lessens the demand for your house (see chart below).

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price but will instead have multiple buyers fighting with each other over the house.

HGTV gives this advice:

“First impressions are everything when selling your home. Studies have shown that the first two weeks on the market are the most crucial to your success. During these initial days, your home will be exposed to all active buyers.

If your price is perceived as too high, you will quickly lose this initial audience and find yourself relying only on the trickle of new buyers entering the market each day. Markets are dynamic, and your price has an expiration date. You have one chance to grab attention. Make sure your pricing helps you stand out on the shelf — in a positive way.”

 

2. Use a Real Estate Professional

This, too, may seem counterintuitive. The seller may believe that he or she will make more money without having to pay a real estate commission, but studies have shown that homes typically sell for more money when handled by a real estate professional.

Research by the National Association of Realtors in their 2018 Profile of Home Buyers and Sellers revealed that,

“the median selling price for all FSBO homes was $200,000 last year. However, homes that were sold with the assistance of an agent had a median selling price of $264,900 – nearly $65,000 more for the typical home sale.”

 

Bottom Line

Price your house at or slightly below the current market value and hire a professional. This will guarantee that you maximize the money you get for your house.

 

Source.. KCM Fernando Herboso Blog

 

To show my commitment to my clients, I will utilize the latest technology, know-how and information allowing me to bring you the best and highest offer for your house. 

To connect with me directly, 

Please call Fernando at 301-246-0001

Or via email:  Fernando@ReallyNiceHomes.com 

If you are thinking of selling your home in a more traditional way... Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information

 

 

 

 

Posted in Selling
Jan. 2, 2019

Villages of Urbana Homes For Sale | Excited About Buying A Home This Year? Here’s What to Watch

Villages of Urbana Homes For Sale | Excited About Buying A Home This Year? Here’s What to Watch

 

If you are looking for a home in the Villages of Urbana. Let us share a secret with you. When someone becomes a professional real estate agent, they make a commitment to their clients from the moment they first connect, whether it is, first-time homebuyer's, who are very excited to purchase their very own home.... or seasoned Investors who are trying to build equity with key purchases and increase their portfolios. What is important for you to know is that your main purpose is to find the right real estate professional that will dedicate time and energy to bring exactly what you are looking for. Take your time and pick the one that has that commitment deep in their hearts

To show this commitment to my clients, We bring the latest technology, know-how and information allowing me to bring the best possible outcome on every real estate transaction we perform.

Today, I would like to talk to you about Excited About Buying A Home This Year? Here’s What to Watch

 

As we kick off the new year, many families have made resolutions to enter the housing market in 2019. Whether you are thinking of finally ditching your landlord and buying your first home or selling your starter house to move into your forever home, there are two pieces of the real estate puzzle you need to watch carefully: interest rates & inventory.

 

Interest Rates

Mortgage interest rates had been on the rise for much of 2018, but they made a welcome reversal at the end of the year. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates climbed to 4.94% in November before falling to 4.62% for a 30-year fixed rate mortgage last week. Despite the recent drop, interest rates are projected to reach 5% in 2019.

The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.

Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford to buy will decrease if you plan to stay within a certain monthly housing budget.

The chart below shows the impact that rising interest rates would have if you planned to purchase a $400,000 home while keeping your principal and interest payments between $2,020-$2,050 a month.

With each quarter of a percent increase in interest rate, the value of the home you can afford decreases by 2.5% (in this example, $10,000).

 

Inventory

A ‘normal’ real estate market requires there to be a 6-month supply of homes for sale in order for prices to increase only with inflation. According to the National Association of Realtors (NAR), listing inventory is currently at a 3.9-month supply (still well below the 6-months needed), which has put upward pressure on home prices. Home prices have increased year-over-year for the last 81 straight months.

The inventory of homes for sale in the real estate market had been on a steady decline and experienced year-over-year drops for 36 straight months (from July 2015 to May 2018), but we are starting to see a shift in inventory over the last six months.

The chart below shows the change in housing supply over the last 12 months compared to the previous 12 months. As you can see, since June, inventory levels have started to increase as compared to the same time last year.

This is a trend to watch as we move further into the new year. If we continue to see an increase in homes for sale, we could start moving further away from a seller’s market and closer to a normal market.

 

Bottom Line

If you are planning to enter the housing market, either as a buyer or a seller, let’s get together to discuss the changes in mortgage interest rates and inventory and what they could mean for you.

 

Source.. KCM Fernando Herboso Blog

 

If you want to find the best house for the money in Villages of Urbana….

This is what we can do for you, 

We will prepare you a list of houses that fit your criteria and take the time to show all these houses to you, with no pressure and no hassle.

So please let us know when you are ready to get started

If you want to get started now, 

Please call us at 301-246-0001

Or text to: 240-426-5754

Email: Info@ReallyNiceHomes.com 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.

 

 

 

 

Posted in Urbana
Dec. 31, 2018

Crown Gaithersburg MD | Why You Should Not For Sale By Owner

Crown Gaithersburg MD | Why You Should Not For Sale By Owner

 

As Gaithersburg has developed over the years, many neighborhoods are now blended with one and another without any distinction or personalities. 

Not in CROW, the newest and most vibrant community in Gaithersburg MD   

Located next to Rio, this new and unique neighborhood is separate in four groups   

 

* Downtown Crown   

* Crown West   

* Crown Central    

* Crown East    

 

If you are looking for city-living style with a flair of urban village, The Crown community has everything to offer and more. 

There is even a direct Metro Shuttle between the community and Shady Grove Metro Station to connect you directly with Washington DC and its surroundings.   

Today, I would like to talk about Why You Should Not For Sale By Owner

 

In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most sellers.

Here are the top five reasons:

 

1. Exposure to Prospective Buyers

According to NAR’s 2018 Profile of Home Buyers and Sellers, 95% of buyers searched online for a home last year. That is in comparison to only 13% of buyers looking at print newspaper ads. Most real estate agents have an Internet strategy to promote the sale of your home, do you?

 

2. Results Come from the Internet

Where did buyers find the homes they actually purchased?

 

 * 50% on the Internet

 * 28% from a real estate agent

 * 7% from a yard sign

 * 1% from newspapers

 

The days of selling your house by putting out a lawn sign or putting an ad in the paper are long gone. Having a strong Internet strategy is crucial.

 

3. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale by Owner:

 

 * The buyer who wants the best deal possible

 * The buyer’s agent who solely represents the best interests of the buyer

 * The buyer’s attorney (in some parts of the country)

 * The home inspection companies, which work for the buyer and will almost always find some problems with    the house

 * The appraiser if there is a question of value

 

4. FSBOing Has Become More And More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 7% over the last 20+ years.

 

5. You Net More Money When Using an Agent

Many homeowners believe that they can save on the real estate commission by selling on their own, but they don’t realize that the main reason buyers look at FSBOs is because they also believe that they can save on the real estate agent’s commission. The seller and buyer can’t both save the commission.

 

A study by Collateral Analytics revealed that FSBOs don’t actually save anything, and in some cases may be costing themselves more, by not listing with an agent. One of the main reasons for the price difference at the time of sale is that,

“Properties listed with a broker that is a member of the local MLS will be listed online with all other participating broker websites, marketing the home to a much larger buyer population. And those MLS properties generally offer compensation to agents who represent buyers, incentivizing them to show and sell the property and again potentially enlarging the buyer pool.”

If more buyers see a home, the greater the chances are that there could be a bidding war for the property. The study showed that the difference in price between comparable homes of size and location is currently at an average of 6% this year.

Why would you choose to list on your own and manage the entire transaction when you can hire an agent and not have to pay anything more?

 

Bottom Line

Before you decide to take on the challenges of selling your house on your own, let’s get together to discuss your needs.

 

Source.. KCM Fernando Herboso Blog

 

If you have any questions about the Crown Plaza, Gaithersburg MD, the schools, amenities or the surrounding community, don't hesitate to give us a call at 301-246-0001 We will be happy to help you. We specialize in Gaithersburg MD and our agents also live here.  

To reach us, please call 301-246-0001

 

 

 

Posted in GAITHERSBURG
Dec. 27, 2018

Sell My House in MD | 24 Hours that Suddenly Improved the Market

Sell My House in MD | 24 Hours that Suddenly Improved the Market

 

Most real estate brokers and agents don't really have all the tools needed to provide 100% selling services to sellers that need to sell their houses  quick, for cash and at a fair price.   

This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region.   

In order for most consumers to take advantage of the competition between these investors, we've created the perfect system. If you are in the market to sell you home and you are in need for a fair offer  right away... you've come to the right place.   

We can provide customised innovation towards all  your real estate needs if you are a home seller.  

Today, I would like to talk to you about 24 Hours that Suddenly Improved the Market

 

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.

To many, the outlook heading into 2019 appeared dim… at best.

Then, in a 24-hour window last week, things seemed to change. On Wednesday, the National Association of Realtors’ (NAR) revealed in their Existing Homes Sales Report that home sales had INCREASED for the second consecutive month. The next day, NAR’s economic research team announced that the percentage of first-time buyers in the market was higher than last month and even higher than a year ago.

 

What happened to turn around the downward momentum in the market? 

You only needed to wait a few hours to find out. On the heels of NAR’s revelations, Zillow released their November Real Estate Market Report that explained:

“After nearly four years of annual declines in inventory, the number of homes for sale has now increased year-over-year for three straight months…”

Ending 2018, we now know two things:

 

 1.- Listing inventory increased over the last three months

 2.- Home sales increased over the last two months

 

Maybe a lack of inventory was the major challenge all along.

 

But, what about those pesky interest rates?

Last Thursday (the day after all of the above news), Freddie Mac announced that mortgage rates did not increase but instead decreased…again. From their release:

“The response to the recent decline in mortgage rates is already being felt in the housing market. After declining for six consecutive months, existing home sales finally rose in October and November and are essentially at the same level as during the summer months.

This modest rebound in sales indicates that homebuyers are very sensitive to mortgage rate changes – and given the further drop in rates we’ve seen this month, we expect to see a modest rebound in home sales as well.”

 

Bottom Line

Will 2019 start out better than many have predicted? Perhaps, but we’ll have to wait and see. Things do look much better today, though, than they did just a month ago.

 

Source.. KCM Fernando Herboso Blog

 

To show my commitment to my clients, I will utilize the latest technology, know-how and information allowing me to bring you the best and highest offer for your house. 

To connect with me directly, 

Please call Fernando at 301-246-0001

Or via email:  Fernando@ReallyNiceHomes.com 

If you are thinking of selling your home in a more traditional way... Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information

 

 

 

Posted in Selling
Dec. 26, 2018

Cabin Branch Clarksburg MD | How to Save Thousands of Dollars in Interest on Your Mortgage

Cabin Branch Clarksburg MD | How to Save Thousands of Dollars in Interest on Your Mortgage

 

If you are looking to buy a home in Cabin Branch Clarksburg. As a real estate agent, I want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. One of the methods I use is to research the current inventory almost on a daily basis, I want to know where are the best deals for my clients when it comes to purchasing a brand new home in the Cabin Branch area.   

Today, I would like to talk to you about How to Save Thousands of Dollars in Interest on Your Mortgage

 

One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of your loan.

Any additional payments to the principal amount (the original sum of money borrowed in a loan), helps to cut down the amount of interest that you will pay over the life of your loan and can also help to shave years off the loan as well.

When you make ‘extra’ payments toward your loan, the key is to let your lender/bank know that you want the extra funds to go toward your principal balance as they will not automatically do this for you.

You don’t have to double your mortgage payment to make a big difference either!

If you have a 30-year mortgage on a median-priced home ($250,000) with a 5% interest rate, you’ll be responsible for a $1,342.05 monthly principal and interest payment. Over the course of the loan, if you pay your exact monthly payment, you will have paid $233,133.89 in interest alone!

 

Paying a Little Extra Can Pay Off Big

1. Pay an additional 1/12th of your mortgage payment every month

Benefit: In the example above, adding $111.84 to your monthly mortgage payment might not seem like a lot, but each year you will have paid one extra month’s worth of payments which will shorten the term of your loan by 4 years and 8 months, all while saving you $42,000 in interest!

 

2. Pay an additional $50 per month towards your mortgage

Benefit: Fifty dollars might not seem like enough to make a difference on the term of your loan, but that small amount will save you over $21,000 in interest and will take over 2 years off the end of your loan. Twenty-eight years from now, you’ll be happy to pay off your loan that much sooner!

 

3. Make one-time lump sum payments when you can

Benefit: If you find yourself with a little extra money after a yearly bonus, a tax return, or from investment dividends, paying that money towards the principal can cut your costs. This option, however, is less predictable than the extra monthly payments.

If you have higher interest debts, like credit cards, consider using any extra funds you have to pay those debts down before applying that money towards your mortgage. Also, if you do not plan on staying in your home for more than 10 years, paying extra toward your mortgage might not make sense.

 

Bottom Line

If you’re wondering what strategies would work best for you to shorten the term of your loan, let’s get together to answer your questions.

 

Source.. KCM Fernando Herboso Blog

 

If you have any questions about Cabin Branch, the schools, the amenities or the surrounding community, don't hesitate to call on us at 301-246-0001 We will be happy to help you. We specialize in Clarksburg and our agents also live here.

To reach us, please call 301-246-0001

Or send us an email to: info@ReallyNiceHomes.com 

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 

 

 

Posted in Clarksburg
Dec. 24, 2018

Milestone Germantown MD | What Makes a House a Home For You?

Milestone Germantown MD | What Makes a House a Home For You?

 

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and whit type of houses they are looking for.     

Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.      

As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.      

Today I would like to talk to you about What Makes a House a Home For You?

 

We frequently talk about why it makes sense to buy a home financially, but more often than not the emotional reasons are the more powerful or compelling ones.

 

No matter what shape or size your living space is, the concept and feeling of a home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.

 

1. Owning your home offers stability to start and raise a family

From the best neighborhoods to the best school districts, even those without children at the time of purchase may have this in the back of their minds as a major reason for choosing the location of the home that they purchase.

 

2. There’s no place like home

Owning your own home offers you not only safety and security, but also a comfortable place that allows you to relax after a long day!

 

3. You have more space for you and your family

Whether your family is expanding, an older family member is moving in, or you need to have a large backyard for your pets, you can take all this into consideration when buying your dream home!

 

4. You have control over renovations, updates, and style

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Tired of paying an additional pet deposit for your apartment building? Or maybe you want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t do all of these things in your own home?

 

Bottom Line

Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a home.

 

Source.. KCM Fernando Herboso Blog

 

To protect your interests and assure that you make the best possible decisions,  

it's important that you have a knowledgeable agent on your side who is an expert in the local real estate market.  

We are dedicated to keeping you on top of our local market. Rest assured that we will provide you with a well-informed,  

and the most updated strategic view for your home purchase in Germantown Maryland  

To reach us, please call 301-246-0001 

or send us an email  info@ReallyNiceHomes.com  

Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system  

www.99SOLD.com - Call or text 240-426-5754 for more information

 

 

Posted in GERMANTOWN
Dec. 20, 2018

How To Sell Your Own Home | 23 Point Checklist to Sell Your House

How To Sell Your Own Home
23 Point Checklist  to Sell Your House
"The complete guide to sell your home for the most money on the timing that fits your plans”


The sale of your home isn’t quite as simple as sticking up a "for sale" sign and waiting for the buyers to come to you. Here is an overview of 50 things of the various steps involved in selling a property. You can use this list as a guide when selling a house or call a professional listing broker to take care of it for you.

I’ve included various marketing tips along the way that will be very helpful for you if you are selling your own home.

 

First, you need to learn about your motivation to sell, because this is the determining factor as to how you will approach the process.

Here's a list that will cover almost everything conceivable that may happen during the sale of a home. 

 

#1 The First Impression Counts! – What to do to sell your house


From the moment the prospective buyers drive up to your property, they are judging your home. I've seen personally when buyers don't even bother to come inside because they have already made up their mind at a first glance. Your front yard, your entrance and every single room or space in a home should be a “wow” of some sort, providing something that is beyond what’s expected to the prospective buyer. First impressions apply to each and every single room or space in a home as well.

 

#2 Appeal to everyone –  How to make buyers want your home! 

Try to appeal to everyone who might come through your property by using neutral designs throughout your house.. from the colors of the walls to furniture, even statues and paintings on the wall. You must remain neutral and not force a strong conviction that would only appeal to a smaller percentage of your visitors.

 

#3 You are selling a lifestyle..not a house –  Real Estate Selling Tips and Advice


From all my years of experience and talking to perhaps thousands of people about homes and real estate. I ascertained this concept which I found it to be true and factual over and over again. Most buyers are shopping for a new lifestyle...not a house. All your marketing materials should refer to this fact.

 

#4 Don't Take it Personal –  House Selling Strategies 


As soon as a house is in the market, it becomes a product and is all business from there. You can't avoid the emotional aspects of selling a home...but you better hide them well if you want to sell it for the most money at a timing that fit your plans.

 

#5 Be Committed To Getting Your Home Sold –  Tips For Selling Your Home


Selling a home with a "just testing the water" attitude will not lead you to a positive outcome. Specially when it comes to the pricing of the property. Every house has a reputation and you need to protect it. As you accumulate "Days On Market" your chances of getting your home sold for the highest amount it can bear is almost impossible. You will end up attracting only low-ball offers looking for a bargain as your home sits unsold with the appearance that "there must be something wrong with that property being in the market so loooong!". Commit to sell or wait until you are…

 

#6 Pricing Your Home To Sell – How To Determine The Price of a House


Know the facts and study it carefully . The pricing of your home should not be set on hope, automatic computerized CMA's and/or false homeowner illusions. The price of your home should be set by square foot comparisons, current local market conditions, major improvements or lack of , pending sales, sold comps and the number of similar active listings in the area. You need guidance, advice and direction from an experienced professional to set the right price to sell, follow their advice and don't look back.

 

#8 When To Sell and When to Fold – Best Time To Sell a House 


If timing is unimportant to you, selling it on the "right season" could bring you better results. In general, Spring marks the beginning of the busiest home-selling and home-buying season in most areas, followed by the Summer, Fall and Winter. If you are selling your home, finding the "optimal time to sell" should be considered, if you want to sell it for the most money. Beware that there are also other major factors involved on this. Competition numbers, local market conditions and local impact changes like a new plant or factory nearby...all or some may affect the timing when to put your home for sale. Your agent should advise you if you don't have any preferences, as they have their pulse in the local market and put your home for sale during the most optimal time.

 

 

#9 Curb Appeal Sells – How To Add Curb Appeal 

 

Potential home buyers form their first impression of a home from its curb appeal. Ideally you will want to get started cleaning up your yard a few weeks before you plan on showing your house. Plants and flowers need a little time to get them ready and give a good impression. You can't do this the day before your home comes in the market....really!

 

#10 Pressure Washing – Exterior House Cleaning 

 

The siding, the deck, sidewalks and even the driveway should be done carefully without damaging their surfaces and surrounding plants. Rent a power washer for a weekend and wash away!

 home sell


#11 Paint Front Porch & Front Door – Value of painting house before selling

 

Even if you don't have a front porch, at least you have a front door. Potential buyers congregate around this area while waiting for their agent to open the door. A "good feel fresh impression" in this area will put your house at the top of their list. Peeling paint and rotted wood? ..that will certainly put you at the bottom of that list.

 

#12 Pools, Hot Tubs and Garbage Cans – Does a pool add value to a home? 

 

If you have a pool, you need to stage it for fun and not stage it for endless work to the future buyer. Stage the pool area with clear water, lounge chairs and margarita glasses and NOT with vacuum hoses , nets and pool brushes thrown all around. Hide them all away! . If you purchased a Hot Tub for $5,000. . .NO you may NOT add $5,000 to the price of your house. .finally hide all garbage cans from view, they are not helping you if they are displayed all around the backyard. You are going for the "WOW" feeling...not the "YUCK" feeling.

 

#13 Impress Them With Easy To Read House Numbers – How To Increase Home Value 

 

Nice brand new polished brilliant numbers are around five bucks each at Home Depot. Not only your house will be easy to spot from outside but, you will be above 90% of your competition with your new house numbers looking spiffy and ready to attract buyers. I saw many beautiful houses before with broken or rusted numbers that were too hard to read. Avoid the urge to paint them over and finish the job in 5 minutes with the “amateur painting frame effect” around the numbers.

 

#14 Impress Them with a New Mailbox – What home improvements add value to your house? 

 

Mailboxes are so overlooked by many home sellers. Another simple and inexpensive way to make a good first impression. Old beat up rusted, mailboxes with broken hinges gives only one initial buyer sentiment , “the homeowner does not care. . wait to see what’s inside!”

quiz  

 

#15 Fresh Mulch and Grass Seeds – Sweat Equity To Increase Value 

 

This is more of sweat equity rather than monetary cost. One weekend of sweat labor could make a world of difference, Fresh mulch always is good advice when it comes to landscaping. Drop some grass seeds to those bald areas around your lawn and pull the weeds from your garden(s)

 

#16 Your Neighbor - Friend or Foe? – Neighbors sabotaging property sale? 

 

What if your neighbor still has Christmas lights hanging in the middle of July? or the grass gets cut only when one of their pets goes missing?. Curb appeal applies to your house and the houses around you, if you can control it...you or your agent must act upon it. Offer them to pay for handyman services and get it done or ignore it and risk losing thousands of dollars at the closing table when you finally sell...Your agent should be the one approaching them with this script: " I'm selling the house next door and I have in my budget money allocated to prepare the house to sell. ...By selling our listing for the most money, your equity will benefit tremendously as well. I have some money left over to clean the common areas and I would like to include your yard to this ...would it be OK to take care of it . at no cost to you?"

 

#17 Don’t Ignore Your Roof – Selling house with old or new roof? 

 

If your house is 20 /25 years old and the roof was never changed, you may have to offer a concession for a new roof despite it's condition. Asphalt shingle/composition roofs last an average of 20 to 30 years. You better off facing that fact prior to selling it rather than later after a home inspection surprises the home buyer. This is how we can control a negative aspect in a house and turn it around as a positive thing. Potential buyers will always appreciate honesty and candor.

 

#18 A New Welcoming Mat at the Front Door – Preparing House To Sell Checklist 

 

Placed at your home’s entrance, a door mat is very inexpensive but critical when you want to make a great first impression. Avoid strong colors or funny slogans or designs. Stay as neutral as possible. You want it fresh, welcoming and new.

 

#19 Paint or Repaint Exterior Wood Trim – What Should I Fix Before Selling House? 

 

This is another chance to make a good first impression. A fresh coat of paint and some caulking is the best and quickest way to make your house look better.

 

#20 Your Fence Tells a Story –  How To Get A House Ready To Sell?

 

Don’t let the fence tell a false story of how you have maintained the property during your ownership. Fix it, paint it and use it as an statement that you kept the house in good condition. A broken dilapidated and unpainted fence says a lot about the seller and that is not going to help you get the most money for your house when you sell it.

 

#21 Rotted Wood - Rotted Results – Tips To Get Your House Ready To Sell

 

This is another area I see many sellers fail. Rotted wood at the base of an outside door tells also the same story as the fence. Wood rot looks unsightly to all buyers and cause them to wonder. . what else might be in disrepair?

 

#22 Have all Windows Cleaned Inside and Out –  Things to do before selling house.

 

Buyers need a clear view and vision before making the commitment to buy. Help them with a bottle of Windex.

 

#23 The Front Door Knob and Key Lock – Important things to do before selling your  house 

 

Perhaps, you have use it thousands of times. If your door knob looks scratchy, old and you have to wiggle the key to the right or to the left to make it work. . perhaps it's time to update it!

Now for the bad news, 

We've only scratched the surface...these 23 point are for the exterior of the house...the checklist for the interior is here:

Read our complete selling guide here

 

About the author: This information is being provided by Fernando Herboso. He is currently a broker owner for Maxus Real Estate Group (Herboso & Associates) located in Montgomery County - Clarksburg Maryland.

Servicing MD, DC and VA

 

If you are thinking of selling your home in Maryland DC or Northern Virginia areas and you need to maximize your net while avoiding problems at a timing that satisfies your needs..then you should contact Fernando by phone: 301-246-0001 or by eMail Fernando@ReallyNiceHomes.com

 

Fernando has been in real estate since 1990 and has advised and helped sell nearly one thousand sellers from all walks of life.

Main website is www.ReallyNiceHomes.com

 

Read our complete selling guide here

 

 

ReallyNiceHomes.com/Selling 

301-246-0001

 

Dec. 20, 2018

Sell My House in MD | 4 Quick Reasons NOT to Fear a Housing Crash

Sell My House in MD | 4 Quick Reasons NOT to Fear a Housing Crash

 

Most real estate brokers and agents don't really have all the tools needed to provide 100% selling services to sellers that need to sell their houses  quick, for cash and at a fair price.   

This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region.   

In order for most consumers to take advantage of the competition between these investors, we've created the perfect system. If you are in the market to sell you home and you are in need for a fair offer  right away... you've come to the right place.   

We can provide customised innovation towards all  your real estate needs if you are a home seller.  

Today, I would like to talk to you about 4 Quick Reasons NOT to Fear a Housing Crash

 

There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago.

Here are four reasons why today’s market is much different:

 

1. There are fewer foreclosures now than there were in 2006

A major challenge in 2006 was the number of foreclosures. There will always be foreclosures, but they spiked by over 100% prior to the crash. Foreclosures sold at a discount and, in many cases, lowered the values of adjacent homes. We are ending 2018 with foreclosures at historic pre-crash numbers – much fewer foreclosures than we ended 2006 with.

2. Most homeowners have tremendous equity in their homes

Ten years ago, many homeowners irrationally converted much, if not all, of their equity into cash with a cash-out refinance. When foreclosures rose and prices fell, they found themselves in a negative equity situation where their homes were worth less than their mortgage amounts. Many just walked away from their houses which led to even more foreclosures entering the market. Today is different. Over forty-eight percent of homeowners have at least 50% equity in their homes and they are not extracting their equity at the same rates they did in 2006.

3. Lending standards are much tougher

One of the causes of the crash ten years ago was that lending standards were almost non-existent. NINJA loans (no income, no job, and no assets) no longer exist. ARMs (adjustable rate mortgages) still exist but only as a fraction of the number from a decade ago. Though mortgage standards have loosened somewhat during the last few years, we are nowhere near the standards that helped create the housing crisis ten years ago.

4. Affordability is better now than in 2006

Though it is difficult to afford a home for many Americans, data shows that it is more affordable to purchase a home now than it was from 1985 to 2000. And, it requires much less of a percentage of your income today than it did in 2006.

Bottom Line

The housing industry is facing some rough waters heading into 2019. However, the graphs above show that the market is much healthier than it was prior to the crash ten years ago.

 

Source.. KCM Fernando Herboso Blog

 

To show my commitment to my clients, I will utilize the latest technology, know-how and information allowing me to bring you the best and highest offer for your house. 

To connect with me directly, 

Please call Fernando at 301-246-0001

Or via email:  Fernando@ReallyNiceHomes.com 

If you are thinking of selling your home in a more traditional way... Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information

 

 

Posted in Selling