What buyers look for, or look out for when purchasing a home.
By Emmett Smith | February 12, 2009
What should buyers look for, or look out for when purchasing a home in the Richmond, Midlothian, Chesterfield Virginia areas? This article will help sellers look into some important aspects of selling their home and what potential buyers look out for as well.
The way you live in your house is not the way to sell your house. So, what makes a house a home for sale on the market, and one that soon has a “SOLD” sign out on the front lawn? And what aspects are important to look at because potential buyers will ask the question, “How much work are we going to need to do prior to moving in and beyond?” The appearance and cleanliness of the home are significant. Always have your home ready to be shown at a moment’s notice with me, your agent, Emmett Smith because this is what buyers are looking for. And a tip- burned out lights need to be replaced; classy lighting and upgraded fixtures can ameliorate the value of a home. Also, buyers said they would be willing to pay more for a home with a renovated kitchen.
Here are some things a buyer will look out for when dealing with the purchase of a home. The buyer will consider the following:
- Exactly what property is included in the sale? Lighting fixtures, drapes or blinds, refrigerators, stoves, washing machines and dryers are often problem areas.
- Is the neighborhood quiet, friendly? Are the homes well kept?
- Are there any development plans that will affect the property?
- The inspection report - are there any substantial problems with the house?
- Real estate taxes - what are the current property taxes, and what impact will your purchase have on the taxes?
Another issue that raises concern regarding buyer appeal is that sellers often mistakenly think that viewing empty properties will give the buyers an accurate sense of the space available. On the contrary, it is more difficult to really judge the size of a room without furniture and other objects as reference points. An empty room even allows buyers to focus on negative details instead of getting a sense of the overall space and the flow of each room to the next. Buyers need to ask themselves the question, “Can I see myself in this home?” Therefore, staging really helps buyers envision themselves in the space.
The idea of “staging” a home to make it look alluring to buyers has become popular during the last decade, as manifested by the proliferation of numerous home staging companies offering advice about how to make the house more attractive to buyers. Check out next’s months article about “Staging a Home.”
When selling your home with myself, Emmett Smith, your agent keep in mind what buyers look for, or look out for before coming to look at your home in the Richmond, Midlothian, Chesterfield Virginia areas.
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New Year brings optimism for the 2009 Real Estate Market
By Emmett Smith | January 28, 2009
What better way to start the New Year, then to bring confidence to our 2009 Real Estate Market. Ringing in the New Year being hopeful and optimistic will allow us to decide what we can do to improve our way of thinking about what is currently going on in the market. The New Year begins with us having a positive outlook and is a promising time for those of us looking to buy a home in the Richmond, Midlothian, Chesterfield Virginia areas.
Here are a few reasons to make a real estate investment in 2009:
Lower Home Prices: Housing prices have fallen to more affordable levels, in some markets moving back to 2003 prices. Lower home prices expand the number of people able to afford to buy and own home, creating a greater demand in the 2009 Real Estate Market.
Historically low interest rates: 30 year fixed mortgage rates are nearing 5 percent and are expected to move to 4.5 percent or lower in the 2009 Real Estate Market. Compared to 6.25 percent rates seen earlier in 2008, a rate of 4.5 percent would mean a monthly savings of $218 on a $200,000 mortgage. Lower monthly costs will keep people in their homes, reduce the number of homes on the market and lead to a stabile housing market.
The New Year brings optimism for the 2009 Real Estate Market. It is already evident that the housing inventories and prices are beginning to stabilize. The combination of lower prices and historically low interest rates will lead to a very good housing recovery.
No one can predict a market bottom, however it appears the worst of the market turmoil is behind us. The drive to stabilize and improve the housing market should lead to an improved 2009 Real Estate Market.
Let us all take a good peek into our own personal outlook on the 2009 Real Estate Market. With the interest rates low and many homes available, there is no better time than the present especially if you are looking for a home in the Richmond, Midlothian, Chesterfield Virginia areas.
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Real Estate during the Holidays
By Emmett Smith | December 19, 2008
Now is still a really good time for Real Estate in Richmond, Midlothian, Chesterfield Virginia areas. Buyers can, and do, get serious during this busy time of year. Lots of sellers take their homes off the market during the holidays, assuming no one will be buying at this time. But with serious buyers still out there and a lower inventory of homes, your home has a good chance of standing out. With fewer homes for sale, competition is decreased. There are good reasons to sell your home during the holidays.
Buyers are more serious during the holidays. Anyone shopping for a home during the holidays probably has to buy before a certain deadline. Therefore some buyers may be looking to relocate before the new year. Investors may also want to close before the end of the year for tax reasons. If you live near a university, students and staff may be looking for homes between academic sessions, and if you live near a military base, servicemen and women may be moving to the area. Work with me, Emmett Smith, your agent to target these motivated buyers. Buyers have more time to house-hunt. Buyers who are looking at this time during the holidays are serious about making a purchase. Some buyers purposely wait until their families are together for holiday vacations to start looking for a home. Homes show better in the winter. Decked out in lights and garland, homes often look their best during the holiday months. Take advantage of the Holidays and spruce up your homes to make them more festive. Deck the halls, but don’t go overboard, just enough to make your prospects feel at home and your home still looking spacious.
Home sellers can’t always take a holiday from keeping their house on the market. Instead, they should consider ways to turn the holidays to their advantage. By holding a holiday-themed open house - maybe instead of the traditional Sunday afternoon open house; your home could be open in the evening to take advantage of a festive holiday light display. Keep in mind to not block or cover up important selling features such as fireplace mantels, stairs, stained-glass windows. Tone down the size of tree. In place of a 10-foot tree, try decorating a table-top, four-foot version. Set a plate of cookies on the counter, next to festive paper napkins for guests. Giving house hunters a place to escape from the cold is another excellent way to get them inside your home.
The holidays are stressful enough without having to think about staging and open houses, so if you’re not truly motivated to sell, it’s probably best to wait a few months. But if you absolutely have to sell, don’t be discouraged. A good agent like myself can take the burden off of your shoulders, giving you more time to enjoy the season.
With these tips in mind, it is possible to enjoy the holidays and still successfully feature a home for sale on the real estate market. Now is still a good time as ever in the Richmond, Midlothian, Chesterfield Virginia areas.
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Unclutter Your Home and Get It Ready to Sell in Richmond, Midlothian, Chesterfield Virginia
By Emmett Smith | November 22, 2008
It is very important to make a great first impression to the potential buyers of your home. Every seller wants their home to sell fast and bring top dollar. Does that sound good to you? Well, it’s not luck that makes that happen. It’s careful planning and knowing how to efficiently unclutter your home that will excite buyers. Here is how to prep a house and turn it into an appealing and marketable home.
Get rid of those items that have been sitting around for years without being used or even handled. This is the hardest thing for most people to do because they are emotionally attached to everything in the house. After years of living in the same home, clutter collects in such a way that may not be evident to the homeowner. However, it does affect the way buyers see the home, even if you do not realize it. Buyers and real estate agents should see your house in its best condition from the very first day it’s on the market.
Here are a few approaches to take to unclutter your home and get it ready to sell. Almost every home shows better with less furniture. Remove pieces of furniture that block or hamper paths and walkways and put them in storage. Since your bookcases are now empty, store them. Remove extra leaves from your dining room table to make the room appear larger. Leave just enough furniture in each room to showcase the room’s purpose and plenty of room to move around. You don’t want buyers scratching their heads and saying, “What is this room used for?”
Another way to unclutter your home and get it ready to sell is to make those minor repairs and best of all, make the house sparkle! Only do one room, or even one small area, at a time so you don’t feel overwhelmed. Your best friend is the trash bag; when in doubt, throw it out. Many find it easier to use boxes to sort items, so you don’t have to find a home for everything as you unclutter. Most important, be quick and decisive when sorting. Tell yourself:
- If you don’t need it, why not donate it or throw it away?
- Put essential items used daily in a small box that can be stored in a closet when not in use.
- Think of this process as a head-start on the packing you will eventually need to do anyway.
If you are getting your house ready to sell in the Richmond, Midlothian, Chesterfield Virginia areas, then take a step back and pretend you are a buyer. Let a friend help point out areas where you can unclutter your home and let myself, Emmett Smith, your agent help you to get your house ready to sell.
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The Value of Homeownership- Virginia
By Emmett Smith | October 27, 2008
Homeownership may be the most important asset-building strategy for individuals. The value of homeownership gives homeowners a feeling of control, a greater sense of security and stability.
Homeownership is typically given a lot of importance and homeowners are generally allowed to do whatever they wish in their homes. Homeowners have the right to make choices and decisions regarding changes to their homes that renters may not be able to make.
Homeownership is a financial goal most families share. There are significant community benefits to homeownership as well. Owning a home gives residents a stake in the community and a sense of “rootedness” in their neighborhoods. Enjoying the privacy that a home brings, making long lasting friendships with neighbors and best of all taking pride in your home. The pride you’ll feel in owning and improving your home is an emotional value that cannot be expressed in dollars and cents. The value of homeownership has been thought to pro-mote thrift, stability, and neighborliness.
Homeownership is thought to be an important element in achieving personal fulfillment. When asked to define the good life, polls have shown that many Americans value owning a home over such factors as an automobile, a happy marriage, an interesting or high-paying job, and good health. The value of homeownership is credited with increasing self-esteem, life satisfaction, and an overall feeling of worth. Owning a home embodies the promise of individual independence but there are also many responsibilities that come with owning a home. The value of homeownership has been thought to pro-mote thrift, stability, and neighborliness.
If you are looking to buy your own home in Richmond, Midlothian, Chesterfield Virginia areas, these are some points to consider when seeing the value of homeownership. Allow me, your Real Estate agent, Emmett Smith to help you see the value of homeownership.
Topics: Richmond Virginia real estate, Virginia Real Estate | No Comments »
Going Green in Virginia
By Emmett Smith | September 29, 2008
Have you heard the news! Green real estate is getting lots of buzz. More and more homebuyers are looking for ways to increase their green footprint. They are looking for that perfect home and yard that will give them eco-luxury. Going Green in Richmond, Midlothian, Chesterfield Virginia is happening as we know it.
Not only are we worried about our cleaning supplies being green, but now we want our homes to be green also. Homes with amenities like Gammpar floors, LEED-certified building materials, double-paned windows and even docking stations for electric cars! Also, homes that boast features like rainwater harvesting, passive air ventilation, reclaimed fixtures and recycled content tile and flooring.
This may all seem very over-whelming, but there are a lot of sites on the web that will help you fully understand just what finding a “green” home entails. It will be worth the research and will make your life more comfortable in the long run. Just “Google” the words “green real estate”, for starters. Enjoy the search and learn what makes a “green” home; a home that you want to be a part of. We all want to do our part and so let’s enjoy all of the eco-luxury that we can.
Just a side note - there’s no denying that the mortgage meltdown has meant tragedy for many home owners. But take a look around. You’ll see there’s very positive activity in many vibrant markets throughout the US especially in Richmond, Midlothian, Chesterfield Virginia areas. By focusing on the good news and passing the message around, we can help speed up the market recovery. Don’t panic, let’s all do our part!
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Real Estate – it’s not going away!
By Emmett Smith | August 26, 2008
The oldest use of the term “Real Estate” that has been preserved in historical records was in 1666. In other words, real estate has been around for a very long time. However, it is not going away! It will be around until the end of time. What a comfort that is. With the slump that is happening, it is a reassurance to know that even if the economy gets bad, real estate is here to stay.
Real Estate is a legal term, according to Wikipedia, that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. The word “fixed” is the keyword here, meaning unmovable. Real Estate is here to stay!
Wikipedia also states that it has been argued that the word Real is derived from “royal”. For hundreds of years the Royal family and/or King owned the land, and the peasants paid rent or property taxes to be on the Royal’s land. Today, just like hundreds of years in the past, we pay property taxes, or rent to be on the government’s land or the Royal Estate. Isn’t it great to know that even though we do have to pay property taxes our homes are owned by us and not a king or government or royal family!
This article has been a little bit about the history of Real Estate, but thankfully there is a great future for real estate. Make your own future and invest in “Real” estate.
If you are looking for a home or selling real estate in the Richmond, Midlothian, Chesterfield Virginia areas then we can help!
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Find your Dream Home in Virginia
By Emmett Smith | July 15, 2008
Is your dream home etched in your mind? Are you just waiting for the perfect time to bring it to reality? Now is the time! The market is slow at this time, which makes it a buyer’s market. With the interest rates low and many homes available, there is no better time than the present especially if you are looking for a home in the Richmond, Midlothian, Chesterfield Virginia areas.
Make a list of what you want your dream home to look and feel like. Involve the whole family in this project. After all, you want them to be happy too. Once you have this list, you have the advantage to take your time and look for that perfect home for you and your family. Then, when you start looking, don’t veer from the list. In other words, make sure that the homes that you are looking at have every quality that you have listed. Don’t settle for second best.
Use your senses: once you walk into a home you can feel the personality of that home. Here are some thoughts that should be going through your head:
- Does it fit your personality?
- Does the neighborhood feel right?
- Can you see your family enjoying many, many years of happiness in this home?
Another great idea would be to let me help you find your dream home. I have been inside many homes in the Richmond, Midlothian, Chesterfield Virginia area and will be able to help you narrow your search down until we find the perfect home for you and your family.
So head on over to my website at Findhousewithmouse.com and let me help you find your “Dream Home”!
Topics: Richmond Virginia real estate, Virginia Real Estate | No Comments »
Owning a Home: The American Dream
By Emmett Smith | June 10, 2008
Have you ever desired the house of your dreams whether it was in another state or right here in the Richmond, Midlothian, or Chesterfield Virginia area? We call it “The American Dream.”
Wikipedia describes the American Dream as a belief in freedom that allows all citizens and residents of the United States of America to achieve their goals in life through hard work. A part of that American Dream is to own our own home, you know, that proverbial house with the white picket fence and all.
Americans have a long tradition of a solid work ethic to reach our dreams. No doubt about it, it does take a lot of work to own your own home. Over the years, the American Dream has changed a bit in relation to finding that home. Years ago it was much simpler. You purchased a plot of land and built your house on it. Now, we spend hours and hours looking for the right area to live; the right schools for our children; and the perfect house with the perfect yard. We have to make sure that that house has the best of everything. This can be exhausting!!! Not to mention, do the neighbors have barking dogs?!
In spite of today’s complexities, the American Dream is still alive – dreaming of making a better life for ourselves and our families. We have high hopes and great expectations. Our goals are founded on those high hopes, and we will do anything to achieve them.
America is known as the land of plenty, the land of opportunity, and the land of destiny. Free enterprise is at the foundation of that dream. In relation to owning our own home, the possibilities are limitless in America. We have so many choices and are very fortunate. In America, owning your own home (private property) is a fundamental, Unalienable right. This American Dream is real, and it can be achieved.
The paradox is: some people say that we are working so hard to make the American Dream happen that we are not taking the time to enjoy the American Dream.
I am here to help you not only make your dreams come true but to help you enjoy the process of finding the home of your dreams in the Richmond, Midlothian, and Chesterfield Virginia areas.
So . . . live your dream, but enjoy the journey!
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Richmond, Midlothian, & Chesterfield Virginia Real Estate Market
By Emmett Smith | March 27, 2008
Welcome to RichmonVAHomeListings.com and hope you are enjoying the spring-like weather. It is time to “spring clean” your homes and get them ready to sell. You will be in the capable hands of Emmett Smith as you jump start your way into that new “dream home” you have been waiting for. It is the time of year that the failing economy can only be “springing” back! Take advantage of it and don’t miss the incredible deals that will be starting to happen within the next few weeks. RichmonVAHomeListings.com is all about great deals, get updates about the over-all state of the Real Estate maxim here. In reality, real estate can only get better. It is time to carefully monitor shifts in thinking, evaluate innovation and track existing real estate trends.
It seems that every decade or so a year comes by that really defines a period in our industry – only history will or will not view 2008 as such a year. However, as we stand here at the end of 2007 and the beginning of 2008, it seems we are in a period of time that is destined to be landmark years. So let HomesInRichmondVA.com and Emmett Smith help you achieve your goal and be the perfect stepping stone along your path!
As you consider buying a home in the state of Virginia, in areas such as Richmond, Midlothian, and Chesterfield, look at criteria such as location, design, size, and pricing. We are all different and have our own special needs.
You will also have many questions such as:
- Can I afford my “dream home“?
- Where will I get my mortgage?
- What is my credit like right now?
Each of these questions, and more, will be happily answered through knowledge of the market so that you can receive answers for all of your questions efficiently.
Now, if you are in need to sell your home in the Richmond VA, Midlothian, or Chesterfield Virginia area, it is obvious that you will want the best possible deal. You need help to decide what needs to be done to your home to get it in the best possible shape for it to sell and sell quickly.
Is it a buyers or sellers market in the Richmond VA area? The market conditions will play a crucial role in determining the asking price. Because market conditions change constantly, it is important that you get solid advice from an agent or Realtor who is familiar with Virginia and surrounding areas Real Estate market.
Knowledge and experience are the keys to look for in a successful real estate agents business. So, in order to provide you with the best, over-all experience, find someone who is committed 100% to your cause.
Choose a reliable agent or Realtor to help you with your Real Estate needs in Richmond, Midlothian, or Chesterfield Virginia area and make your home buying or selling a fulfilling experience. Take the stress out of the total real estate experience and let experience work for you.
If you would like to learn more about Emmett Smith and Richmond Virginia real estate simply visit HomesInRichmondVA.com.
Topics: Richmond Virginia real estate, Virginia Real Estate | No Comments »