Twila E. Palmer's Blog
26 Lewis Dr, Middleton, MA 01949
26 Lewis Dr, Middleton, MA 01949
Do you know home selling lingo? If not, miscommunications may arise that prevent you from maximizing the value of your house. Perhaps even worse, you risk making poor home selling decisions due to the fact that you don't fully understand the real estate terms included in a home sale agreement.
Fortunately, we're here to bring clarity to assorted home selling terms that you may encounter as you proceed along the home selling journey.
Let's take a look at three common home selling terms that every property seller needs to know.
Over time, the value of your home may deteriorate due to age, wear and tear and other problems. This is referred to as "depreciation," and depreciation ultimately may impact your ability to get the best price for your house.
To find out how much your house's value has depreciated, it may be worthwhile to conduct a home appraisal before you list your residence. That way, you can analyze your house's strengths and weaknesses. You also can uncover innovative ways to boost your home's appearance both inside and out, thereby ensuring you can set the optimal initial asking price for your residence.
2. House Closing
A house closing refers to the final transfer of ownership from home seller to homebuyer. Thus, once you and a homebuyer are ready to dot the I's and cross the T's on a home sale agreement, you'll complete the house closing process.
During a house closing, all terms of a contract between a home seller and homebuyer must be met. Moreover, the home deed will be recorded, and the house will finally be sold.
The house closing is a key part of the home selling cycle. At this point, a home seller will receive final payment for a house and transfer ownership of the property to the buyer.
3. Real Estate Agent
A real estate agent plays a pivotal role in the home selling process, and for good reason. If you hire an expert real estate agent, you should have no trouble navigating the home selling journey.
Typically, a real estate agent handles all of the tasks associated with listing and selling a house. This housing market professional will help you promote your residence to potential homebuyers, host open houses and home showings and even negotiate with homebuyers on your behalf. Plus, if you receive an offer on a home, a real estate agent can offer honest, unbiased recommendations about whether to accept or reject the proposal.
You don't need to look far to find a qualified real estate agent in your area, either.
Real estate agents are employed across the United States. In fact, if you interview multiple real estate agents in your area, you can find a real estate agent who makes you feel comfortable and confident about selling your house.
Allocate the necessary time and resources to learn various home selling terms. With a clear understanding of home selling terms, you can avoid potential pitfalls throughout the home selling journey.
Shopping trips, holiday parties and family gatherings make the season one of the most anticipated and enjoyable times of year, but it is also a prime time for thieves and safety hazards. Learning more about the typical risks a homeowner faces in the holiday season allows you to prepare – and enjoy a safe and secure holiday season.
3 Ways to Keep your Home Secure this Holiday Season
You know the standard tricks – putting the lights on timers, letting neighbors know you’ll be gone and stopping your mail, but incorporate these tips the next time you leave home during the holiday season.
Don’t Share Your Plans
If you are one of the millions of Americans hitting the roads this holiday season, your home will sit empty for days at a time. Prevent tempting thieves by keeping your travel plans private. In today’s busy social media climate, it is natural to share travel plans and pictures while you are on the road. A thief seeing your picture of the family at the beach or on a cruise ship will know you are not at home in your snowbound state. That image may be all they need to add your home to their list of targets.
If you leave home after the holidays, don’t put the boxes from gifts out at the curb. The box for that flat screen television, gaming console or laptop will let thieves know exactly what they will be able to find in your home. Hide boxes or wait to recycle until you are home, just in case. If you are expecting packages, try to be home for the delivery and bring them in promptly, to avoid tempting thieves.
The month of December is the most dangerous of the entire year when it comes to electrical fires. Lights, dried out trees and new (but unsafe) decorations can contribute to risk. Don’t leave lights burning if they are damaged or if you will be out of town. Be sure to use a fake tree or keep your live one hydrated to ensure your risk is minimized, as well. Turn lights out at night to cut your risk and keep your home secure.
You’ll get more enjoyment from the holiday season when you know your home is safe and secure from harm. Taking these simple steps can prevent damages and loss and allow you to have an amazing holiday season.