Archive for June, 2012

4 Reasons Why Homeownership is Still Worth It

Friday, June 29th, 2012

If you’re still renting, you’re missing out on the great advantages and savings of homeownership. Jeremy Walsh Real Estate is here to explain to you four reasons why becoming a homeowner is still a good idea.

Even in a down economy, owning a home is worth it. For one, you can receive a good deal on a home. The current market is definitely a buyer’s market. Prices have come down by 30% according to Standard & Poor’s Case Shiller Index. This index tracks home prices in 20 big cities.

Secondly, mortgages are very cheap. You can now get a 30-year loan for about 4.3 percent. These are one of the lowest rates the real estate market has seen in years. This drop in mortgage expenses will reduce your monthly repayment by a fifth of its normal payment plan.

Thirdly, you will save on taxes by deducting the mortgage interest from your income taxes while deducting your real estate taxes. This will help you get a tax break on any capital gains as well, if you ever decide to sell your home. Tax breaks can make the cost of owning a home less than renting.

Last but not least, you can be creative with your interior and exterior design because it will be yours. Have your dream kitchen and bathrooms created. Move walls. Paint your home your favorite colors. You have all the freedom in the world to enjoy what’s yours.

If you have any questions on buying a home or selling a home, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!

You can also follow me on FacebookTwitter and LinkedIn as well!

How To Prepare To Sell Your Home And Make A Profit

Friday, June 22nd, 2012

If you are planning on selling your house the next couple of months, you need to do more than stick a for sale sign outside. You must be prepared to sell your home. Jeremy Walsh Real Estate is here to help you sell your home and make a profit by providing you a few quick tips on how to prepare your house for sale.

All real estate sellers want to sell their home fast and bring in top dollars. Careful planning and stepping up the look of your home will help you find top customers who will buy your home at a price beneficial to you.

The following are ways you can make your home irresistible and marketable:

Break Ties With Your Home.

When you put your home up for sale, you have to have the mindset that this is no longer your home. It is a house, a product that needs to be sold. Have in your mind that it is a necessity for you to hand over your keys and appliance warranties to a new homeowner.

Depersonalize the Entire Home.

You should have all personal photographs and family heirlooms packed away immediately. Home Buyers don’t want to see memorable items from your home, they would rather picture how they could personalize and enjoy the home. Let them imagine their own photos on walls and start to think about decorative designs by having little to none of your items on display during open house times. You want potential home buyers to truly feel they can seem themselves living there.

Complete Minor Repairs.

There is no better way to sell a home than making repairs to things you wouldn’t want to see if you were on the market for buying a home. Replace cracked flooring. Patch up any holes in the walls. Fix any leaky faucets. Paint walls neutral. And don’t forget to replace burned-out light bulbs.

With these tips you will be on your way to successfully selling your home and making a profit.

If you have any questions on buying a home or selling a home, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!

You can also follow me on FacebookTwitter and LinkedIn as well!

Source: http://homebuying.about.com/od/sellingahouse/ht/homeprep.htm

How To Buy A Home In A Good Neighborhood

Friday, June 15th, 2012

If you are looking for your first home, one important question on your mind is probably “ How do I find a good neighborhood, that won’t make the value of my home drop?” Neighborhoods that will more than likely maintain or increase your home value usually have a few characteristics in common. Read now to learn about the traits of a good neighborhood community.

When you start looking for your home, always aim to purchase a home in a well-established neighborhood that’s not too far from a city. This home price should be a little above the median and in the neighborhood there should be few to none foreclosure homes. The homeowners in the neighborhood should be long-term ones that have lived in their homes for over 15 years. These homeowners are more likely to take care of their property and sell their property to homeowners likely to continue good maintenance on the home.

This neighborhood should not be too far from major highways or public transportation for easy commuting. The neighborhood should have amenities like parks, playgrounds, and be a gated community with security. The school district should be good as well and be consistently attractive to homebuyers. Usually these neighborhoods have low crime rates and homes are well maintained as well as the yards, streets, curbs and signs.

Last but not least, you know you have picked a good neighborhood when very few houses are for sale ever, homes sell quickly and the neighborhood is not located near apartments.

If you need to start your home search today, Jeremy Walsh Real Estate is here to help you find and buy the right home.

If you have any questions on buying a home or selling a home, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!

You can also follow me on FacebookTwitter and LinkedIn as well!

HomeBuyers: Finding Your Way Into The Right Home

Friday, June 8th, 2012

No matter if you’re a first-time homebuyer or simply a homeowner looking for a new property, there is no better feeling than finding the right home for your lifestyle. There are times where you will feel discouraged or feel restricted by price ranges but don’t let anyone make you think you can’t afford to be choosy. Your desires and needs matter and will help you find the home of your dreams.

Jeremy Walsh Real Estate is here to provide you useful tips for picking the right home for you. Utilize the following invaluable tips:

Search by Location And Neighborhood Preferences:

For starters, you should decide whether you want to live in an urban, suburb or country setting. If you decide to live in the suburbs or country, you may have to give yourself more time to tackle traffic if you need to drive into town for work on a regular basis. You will also be further away from entertainment options if you do not live within a city.

The pros about living in the suburbs or country are the likeliness of receiving more money value on your home in the long-term.

If you want to live in an urban setting be prepared for a noisier environment, higher crime rates and more expense in living.

The pros about living in an urban setting are that you will be closer to employers and in closer walking distance to theaters, restaurants, and schools.

Next Pick The Type Of Home You Want

There are four types of homes you can choose from: A Single Family Home. A Condo. A Townhome. Or Cooperatives.

Condos, townhomes and cooperatives are overall less expensive than Single Family Homes and usually need fewer repairs. You will not have to worry about yard or exterior maintenance. However, you have less privacy in these kinds of homes.

With any home choice make sure you decide the number of bedrooms, number of bathrooms and square footage you want for your home. If you need bonus rooms like a gym, den, study or playroom, take that into account in your home search.

If you need an attached Garage then look for that feature in your home as well.

Additional considerations you may need to do research on are school districts, special amenities, and the condition of available utilities.

If you need to start your home search today, Jeremy Walsh Real Estate is here to help you find and buy the right home.

If you have any questions on buying a home or selling a home, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!

You can also follow me on FacebookTwitter and LinkedIn as well!

How To Successfully Sell Your Home In A Down Market

Friday, June 1st, 2012

We are in a down market. The home next door is in foreclosure. The neighbor down the street just put up their house for sale at a very a huge discount. If you do not want to end up in this disaster scenario, Jeremy Walsh Real Estate is here to help you sell your home successfully in a down market. Read now.

There is one upside to selling a home in a down market – you can create your own bargain if you will be buying a home after selling your home.

Here are the best tips for selling your home in this down market:

Price Your Home Aggressively. Right now, 4% to 10% of homes sell in any given month. It may take up to 8 to 10 weeks to sell your home. Look at the local ratio of prices to give you an idea about the latest price trends and how much a seller came down from his or her original list price. About 96% of homes still have potential to sell at their original list price.

Keep Staging Professional

Yes, you may not be able to compete with the prices of homes in foreclosure or short sales (homes sold for less than it is owed on the mortgage) but you can outshine these sellers if your home is in top condition and appearance.

Get rid of the clutter in your home and rearrange the rooms to highlight your best features.

Promote Your Home Online

Last but not least, market your home on sale online. You can do this by posting photos of your home online to entice buyers to visit. Make sure all images are high-resolution photos. Some key areas you should take photos of are the kitchen, bathrooms, and backyard.

With these tips you are sure to attract buyers to your property, let Jeremy Walsh Real Estate help you sell your home.

If you have any questions on buying a home or selling a home, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for you!

You can also follow me on FacebookTwitter and LinkedIn as well

Source: http://www.usatoday.com/money/economy/housing/2011-07-02-home-sellers-down-market_n.htm