Chris Estrada

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One of the most important decisions you make when selling your home is setting the listing price. That can be tricky. After all, if you price your property too low, you leave money on the table — perhaps thousands of dollars. On the other hand, if you price your home too high, many buyers won’t even bother to see it, believing it is too expensive. Or they may have overlooker your home. 


Even with that reality, there are some sellers who contemplate setting a high listing price in the hopes of a windfall. They want, and hope some unsuspecting buyer to fall in love with the home and buy it — even though it’s overpriced.


 

Instead, the listing often languishes on the market because its listing price is conspicuously higher than its market value, or slightly over a buyers price range. 


Think about it. If two similar homes, side-by-side, are for sale, and one is priced $10,000 or $20,000 higher than the other, wouldn’t you wonder what was going on? That’s exactly what the market thinks. “Why is that home priced so high?”


Of course, many buyers, who might otherwise be interested in the property, won’t even consider seeing it, simply because it’s outside their price range.


It gets worse. When an overpriced home sits on the market with no offers for several weeks, the price will often need to be adjusted down. That helps the situation a little. However, you’ve lost the excitement created by a “new listing.” Yours is now an old listing struggling to get attention. Buyers will ask "how come it's not sold yet, why is it still on the market after 3 weeks" ? etc...... 


Here's a better way…


Setting your list price at or near the market value is much more likely to generate interest from qualified buyers and maximize how much you make on your home. This way, in todays market, you'll likely have competing offers, and actually get OVER market value. Yes...OVER market value. Some buyers hate to lose in a bidding war, and come over-the-top with a super high offer.  


That market value may even be higher than you think!


Interested in finding out how much your place is worth, in this market? Call me today. All the best,


C.



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Many homeowners think there’s not much they can do about telephone, heating, water and other utility expenses. Sure, you may grumble about a high heating bill one month, but what can you do about it?


Turns out, you can do plenty. There are several ways to reduce monthly utility costs that can save you tens or even hundreds of dollars. For example:



     

• Shop around for a better phone plan. Then contact your phone company. They might match the rates.


• Turn down the thermostat on your water heater. You likely don’t need tap water to be that hot.


• Clean the screen on your outside air conditioning unit regularly. (Gently with the water hose.) Dirt and leaves can build up on it, reducing the unit’s efficiency.


• Leverage the sun. Open curtains in the winter to gain heat. Block direct sunlight in summer to keep the cool air inside.


• Scrutinize your bill. There may be extras you’re paying for that you don’t need.


• Play with the thermostat. Experiment with setting the temperature a couple of degrees lower. You might not notice any difference





It’s worth paying attention to your utility costs. Just a few smart moves can save you some serious money, and it all adds up. 


C.

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How a Home Inspection Helps You
Whether you're considering buying a particular home, selling your current
property – or both – a home inspection can help.
A home inspection is an inspection by a qualified professional who takes a
close look at every aspect of a home – structure, wiring, plumbing, and
more – and identifies issues you may not have noticed yourself.
For example, a home inspection can reveal that a furnace will need to be
replaced soon, or that there is a water leak into the basement that needs to
be fixed.
You'll definitely want to get a professional home inspection before you buy a
particular property. That's why most offers to purchase a home are
conditional upon passing a home inspection. (The last thing you want is to
buy your dream home only to discover that the wiring needs to be updated!)
You may also want to get a home inspection on your own home before you
list it for sale. A certificate from a qualified professional that states that your
home passed inspection will make your property more attractive to buyers.
Many reputable home inspectors are members of a professional industry
association.