November 19, 2013
When preparing your home to be shown to prospective buyers, think of how you would want it to look if viewing it for the first time. You are used to all the features and accents, to every aspect of your home that made you want to buy it. Prospective buyers, on the other hand, may see it in a completely different way. It’s safe to say everyone will come away with something different in their heads. This could be a particular feature or characteristic that served as an attention grabber. The same goes for the little things you took the time to do or those you didn’t do. As Dean Graziosi points out in a post on this topic, you should create a pleasant atmosphere that will be helpful to buyers.
Declutter the outside as well as the inside. Buyers will see the outside first. If they don’t like what’s there, they will probably never make it into the house itself. That is why the yard, garage, and all surrounding areas should be free of clutter. Remove all items that are taking up space and can be stored elsewhere. Free space looks better and allows prospective buyers to form their own picture about how the space should be used. As stated in an article in Forbes, you should think long-term.
Decluttering the inside will have the same effect, but will also make the rooms seem larger. This can go a long way toward helping buyers figure out the best ways to use the space. Remember, you are showing them the space, not how to use it. Let them be imaginative and give them the perfect atmosphere for figuring out how they would do that.
Do maintenance where necessary. If something needs repairs, make sure they are completed before your home is ever shown. Even the smallest of details can make a huge difference. For example, a wall badly in need of a little paint or new wallpaper can create the wrong vibe and change the way in which a buyer sees your home.
Appeal to the senses. If conducting an open house, consider playing soft music rather than the type you might usually listen to while driving to work in the morning. The same is true when choosing a scent to make your home smell clean and fresh. Avoid the harsh scents and make sure the ones you do choose aren’t overpowering. Dean Graziosi explains how to appeal to the senses in a post on his website.
Don’t go with any type of theme when showing your home. Certain color schemes or ideas might distract prospective buyers and make it difficult for them to focus on the actual features of the property itself.
Taking the right steps to prepare your home for buyers is important. You can visit Dean Graziosi’s site for information on this and other topics.
November 13, 2013
Foreclosure isn’t easy. It means you are unable to continue making payments on your home and are forced to choose another option. Once out of your home, what happens then? As Dean Graziosi noted, the past and current states of the economy have meant foreclosure for many homeowners. This means you are definitely not alone. The good news is there may be some alternatives that will help you avoid foreclosure, or get back on your feet if you find yourself faced with it. An article on MSN discusses how foreclosures are working these days and what it all means for homeowners.
Some solutions to foreclosure are temporary while others are more permanent. Just because you may be forced to foreclose on your home, that doesn’t mean you won’t be a homeowner again. In fact, for some, it is happening more quickly than they may have thought it would in the beginning.
One temporary solution to foreclosure is the advanced claim. This is for homeowners who are presently having difficulties that are expected to pass in the near future. Here, the insurer pays the delinquent amount to the servicer. In return, a promissory from the borrower will be received. The mortgage loan is then whole. Then, part or all of the borrower’s advance will be collected over a period of time.
A forbearance plan is another temporary solution. This is typically for keeping owners in their homes during short-term times of financial crisis such as temporary loss of or decrease in salary. Here, there are usually long-term prospects for income increases expected. These increases will need to cover mortgage obligations. In a case such as this, the specific circumstances of the borrower are taken into consideration. The borrower may then be permitted to make reduced monthly payments. Over time, the payments will increase in amount. This may be stipulated for a period of time ranging from six to 18 months or longer, depending on the specific circumstances involved.
A permanent alternative may be a loan modification. A homeowner who has experienced what is expected to be a permanent reduction in income may be able to take advantage of this solution. Here, the interest rate may be reduced, thus making the monthly payments easier to meet.
A deed in-lieu of foreclosure is another permanent alternative, but it is often a last resort. When this occurs, the borrower voluntarily gives up the property rights to the lending bank or “servicer.” While this may appear to be better than a foreclosure in terms of credit for the borrower, it may not be a good option. In a case such as this, it is best to seek professional advice and assistance to determine whether or not it should even be considered.
The thought of foreclosure is a daunting one. While there are options, sometimes it is inevitable. It is important to remember, however, that foreclosure doesn’t mean a homeowner can never own a property again. You can read more about the various options available by visiting Dean Graziosi’s website.
October 29, 2013
When many homeowners think of going green they envision large solar panels attached to their roof, while that is one way to go green, it is not the only way according to Dean Graziosi. If you are concerned with the environment and the carbon footprint that you are leaving you may be considering different ways in which you can go green without having to refinance your home. There are some inexpensive and relatively easy things you can do to go green on a budget, according to Dean Graziosi. Below you will find information on how
When it comes to going green many people lose interest because of the money and amount of time it may take to successfully turn your home green. However, there are some steps you can take that won’t put a huge demand on your available cash or free time after work, says Mr. Graziosi. One of the easiest ways that you can lessen the impact that you have on the planet is to have your furnace and faucets serviced and ensure that there are no problems. You change out all of your heating and cooling filters located in your home and weatherproof any doors and windows that may be allowing air to leak in or out of your home. Another easy step that you can take during this time is to change your shower head to low-flow designs which will lessen the amount of water that you waste every time you shower.you can accomplish a greener lifestyle on a budget.
Mr. Graziosi also states that by planting a vegetable garden or smaller kitchen garden you will be limiting the amount of trips that you take to the market, thereby using less fuel. If you do have to go to the grocery store, you might want to consider walking or riding your bike, not only is it good for the environment, it is also good for your health. When you decide to make green changes to your home and lifestyle, don’t forget to look into any grants that may be available from your state and federal government. There are also tax credits that you may qualify for if you make energy saving modifications to your home.
Going green doesn’t have to cost you a fortune; there are many small things that can reduce the amount of energy that you use on a daily basis. Even something that you may feel is insignificant can end up being a positive change for you and the environment. Don’t hesitate, take a minute or two and look around your home for any problem areas that may be causing you to lose heat or let in cold air. Both of these factors can have an impact on your monthly energy bill.
September 14, 2013
Real estate can be a quite lucrative endeavor. While you won’t
become a millionaire overnight, you can grow it like any other
business opportunity. The key is to take advantage of the great
opportunities that come your way. Dean Graziosi covers several
of these opportunities in his post entitled The Best Ways to
Become Wealthy In the Real Estate Market.
Rental properties make great investments. You may choose to begin by purchasing one house
at a time and using what you make in rent to pay the mortgage and save money for the
purchase of the next rental house. Small apartment buildings also make great investments. The
key is to begin small and work your way up to larger properties and real estate endeavors.
Flipping houses is another great way to make money in real estate. As Dean Graziosi points out,
this is something that appeals to many people, but it doesn’t always meet with success.
If you are considering flipping houses, you’ll need to go into it prepared to either do the work
yourself or pay to have it done for you. Either way, you’ll need both money and time. It won’t
cost you as much to actually complete the jobs on your own, but it will take longer. If you have
your own team of people to help out, you’ll need to pay them for their work. Again, you are
talking more money here.
If you are unable to do the work yourself, it will be necessary to hire someone to do it for you.
This will cost you quite a bit, but the projects most likely won’t take nearly as long to complete.
Before making any type of real estate purchase, do your homework. This means conducting
extensive research so you will choose the properties that will net you the best cash flow over
the long-term. Remember that any type of real estate investment requires dedication. Rental
properties will be a lot of hard work, but if maintained properly, can make you a lot of money
Another way to invest in real estate is to purchase land and develop it. This is probably the
most difficult to get into, especially at first, but many people have made a career out of it. If
choosing this option, you would want to begin by building smaller structures like houses and
gradually moving into larger residential and commercial buildings.
Before making any type of property purchase, you’ll want to carefully consider all that will be
involved. One of the best ways to obtain this type of information is to talk to someone who is
experienced in making money in real estate. As Dean Graziosi writes, “They can help you
prepare for and understand what is involved in the purchase of an investment property.”
It won’t be an easy endeavor, but it can be a very rewarding one if you’re willing to work
hard and stick it out.