How to Save Money When You’re Moving House

Unless you’re a devout minimalist, moving to a new home can be exhausting and stress-inducing. It can be riddled with unexpected and chaotic twists and turns. Add to that, it can also be expensive. In fact, the American Moving and Storage Association revealed that the average cost of intrastate move is $2,300 while an interstate moving costs about $4,300.

How do you move all your possessions from your current home to your new place without spending a tone of money? Here are 4 ways to save money when you’re moving house.

Book moving services early

Book your moving services early. If possible, start your search as soon as you determine your moving date. This is important as it gives you more opportunity to find a moving company that will be able to cater to your needs and suits your budget. Also, moving companies get very busy. If you book a moving company at the last minutes, they are likely to charge more.

If you want to reduce your moving cost, we suggest that you plan moving house on a weekday. Moving companies charge more on weekends and holidays.

Compare quotes

There are a lot of moving companies out there. So before you hire one, we highly recommend that you get quotes from 3 to 5 companies. This way, you can compare their services and prices and get the best deal possible.

Do not base your decision on the price alone. You need to take into consideration the services they offer, so you can decide which company is the best fit for you and your budget.

Purge your possessions

Most moving companies would charge by weight and distance. That means, the overall weight of your shipment determines how much you’ll pay in the end.

Pack only the things you’ll use in the future. We recommend that you go over your stuff and get rid of those you do not wish to take with you. You can sell your unwanted items, give them to your family and friends or donate them.

Collect boxes

If you have a lot of stuff, chances are you’ll need a lot of boxes. Packaging materials like boxes and packaging tape are quite cheap, but the cost can add up. Start collecting boxes at least a month before your moving date. You can pick up boxes from local stores such as grocery stores or liquor stores. Most of these boxes are in good condition. The best part is, they’re free.

Questions-to-Ask-a-Listing-Agent-When-Buying-a-House

Questions to Ask a Listing Agent When Buying a House

Buying a house is one of the biggest purchases you will ever make. As you prepare for buying a home, there are several questions you might want to ask. The answers to these questions may scare you off, but they’ll help you make a more informed decision. You’ll feel more confident that you’re making the right decision.

Here are 4 questions to ask a listing agent when buying a house.

Can you tell me more about the house?

This question may seem vague, but it’s a great way to start a conversation. By asking this question, the agent is free to offer as much or as little information he/she knows. Take note of the first things the agent mentions. Also, take note of the things he/she left out. From the information the agent offered, you can learn about the property’s strengths and weaknesses.

What is the seller’s timeline?

It is important to ask this question if you are looking to move into your new house fast. Some sellers choose to delay the sale until the end of the school year. Are you willing to wait for a couple of months to close?

What issues does the house come with?

You want a house that is in pristine condition, so make sure that you ask the listing agent about the issues that are present in the house. Even if the agent doesn’t say so outright, you can gauge from his/her reaction whether or not he/she are trying to hide something.

Also, try to ask if the house has been inspected prior to listing. If so, then that would be a good sign. This will give you a good idea about the overall condition of the property. The last thing you want is to purchase a house with major issues that would cost you thousands of dollars on repair.

How long has the property been on the market?

There are a variety of reasons why properties linger on the market. Perhaps they received an offer from a buyer whose financing fell through. Or maybe they overpriced and buyers didn’t show interest in the property. Try to find out the reason why the property is still sitting on the market. Hopefully, it’s not because of major issues like foundation damage, mold infestation or electrical problems.

Quick Tips to Improve Your Credit Score

Unless you have a lot of money stashed in the bank, you’ll need to secure financing before you start looking at houses. Lenders will check your credit score, income, debt, and savings when making a decision whether or not to approve your home loan.

While it’s still possible to secure a mortgage with low credit score, it will be the basis on what loans you will qualify for and the interest rate you will pay. If you are in the market for a new home, you want to make sure that you have a good credit score.

There are things you can do to improve your credit score. Here are some of them.

Check your credit report

Just because you settle all your bills on time and use your credit card wisely, there is no guarantee that you’ll have a stellar credit score. Sometimes, errors end up on your credit report; thus, affecting your credit scores.

The credit bureau allows you to get a copy once a year for free. To ensure that your credit report is error-free, secure a copy of your credit report and check it thoroughly. In case you find some inaccurate information, report it to the credit bureau immediately.

Don’t close old, paid off accounts

Some people are tempted to close their old accounts after paying off debt, thinking it would negatively affect their credit score. But if you do, then the card issuer will no longer send an update to the credit bureau. Eventually, it will be erased from your history.

The fact that you have paid off old debts can be good for your credit score. If you try to close your old account and expunge the record off of your credit report, your average credit age will be shorter and your credit score will drop. Leave old debt on your report.

Manage your debt

Having too much debt will have an impact on your credit score. To maintain a good credit score, your credit card balance should be within 30% of your credit limit. Even if you subsequently pay your credit card balance when your billing statement comes, issuers will report the balance when you charge more than 30% of your credit limit. Try to keep your credit card balances low. The higher it is, the worse your credit score will be.

Pay bills on time

Certain bill doesn’t get reported to the credit bureau when you don’t pay on time. But that doesn’t mean that you can delay payments. In order to improve your credit score, we highly recommend that you pay all your bills on time. Good debt  is good for your credit.

How to Make a Home Offer That Can’t Be Refused

Summer is one of the busiest times of the year for the real estate market. People are hoping to move in to their new home before the school year starts once again. In the hopes of buying their dream house, a lot of homebuyers find themselves head to head with more experienced buyers who tend to be in a stronger position.

Here are some tips on how to make an offer that can’t be refused. These things can go a long way to making your offer standout.

Include an escalation clause  

As the real estate market starts to heat up, multiple offers become the norm. Before shopping for a house, you already have an idea how much you can afford. If you are serious about buying the property, let the seller know by including an escalation clause with your offer.

An escalation clause means you are willing to go over the highest offer up to a certain amount. In a hot market, this gives you a good opportunity to be the selected offer.

Make a larger down payment

Let’s say you’re the seller, and you received offers from 2 buyers. Both of them made an offer for $200,000 –  one with a 3.5% down payment while the other offered to increase the down payment to 15%. Which offer would you choose? Of course, you’d choose the latter.

If you can, try to make a larger down payment. The larger the cash component of your offer, the more attractive it is to the seller.

Offer above asking price

Let’s face it. One of the most common reasons why a house gets multiple offers is because it is priced low. If you find yourself in a multiple bidding situation and you try to offer a low price, chances are you won’t get the property. If you think you have found your dream house, then step up your game and offer above the asking price.

Write a letter to the sellers

Most sellers are emotionally attached to their homes. After all, they have lived in that house for several years, and have built a lot of memories there. Many of them are looking for buyers who would take good care of their home.

If you are serious about buying the house, then go ahead and write a letter to the buyers. Let them know how much you love it, and how you envision your family living in that house. They are likely to choose a buyer who would take good care of their most prized possession.

Pros and Cons of Buying a Fixer-Upper Home

With more and more homes in the market during this time of the year, potential buyers can choose from a vast selection of houses. Most buyers have an idea what they want in a home. They have already listed down some features they want and in need for their future home. But those who are on a tight budget are hoping to buy for a fixer-upper, get a great deal out of it and then transform it into their dream home.

If you are planning to buy a fixer-upper home, then this blog post is for you. In this blog post, we’ll talk about the pros and cons of buying a fixer-upper. We encourage you to read this post and weigh the pros and cons before making a final decision.

PROS

Blank canvas

A fixer-upper is an excellent choice for buyers who are looking to revamp the house into their heart’s content. You don’t have to settle in a house that reflects its previous owner. Here, you can call the shots as to how the house will eventually look.

Fewer competitors

Not everyone is willing to put on additional work. In fact, most buyers are looking for houses that are in move in-ready condition. If you have made up your mind about buying a fixer-upper house, then you are likely to have less competition. This provides a great opportunity to negotiate and snatch a bargain.

Lower price

Fixer-upper are properties that need some love. Since future owners will have to spend money to fix and improve the house, it is usually sold at a very low price.

CONS

Remodelling costs

If you think you can save money by buying a fixer-upper home, think again. In order to make the house liveable and up to your expectations, you’ll need to spend a huge sum of money and put in countless hours of work. You may have to redo the kitchen, upgrade the bathroom, remodel the rooms etc. This may take a few months to finish, so you need to consider your budget before you purchase a fixer-upper.

4 Things You Should Never Say When Buying a House

Buying a house is exciting and nerve-wracking at the same time. Sometimes, these emotions cause us to blurt out things we aren’t supposed to say. Later on, we end up regretting saying those things.

There are some things you should never say until you have signed on the dotted line. Here are some of them.

We’ll get pre-approved for a mortgage later

Sellers and real estate agents prefer to work with prospective buyers with pre-approval in hand. This is an assurance that you are serious about buying a house. Plus, it signals that you are a qualified buyer. A pre-approval gives you an idea how much you can afford. It also gives you a competitive advantage against other home buyers, especially in a multiple offer situation.

If you tell the seller or the seller’s agent that you still have no plans of getting pre-approved for a mortgage, then this is an indication that you are not a serious buyer. You also have to consider that it may take a while to get pre-approved. Once you find the home of your dreams, it might be too late.

I can afford to spend $XXX,XXX

When buying a house, a little mystery goes a long way. At this point, your goal is to have your offer accepted. There is no need to disclose how high or low you are willing to go. If the seller or seller’s agent knows about it, then your offer could be at a disadvantage.

When making an offer, just tell the agent how much your offer is and shut up. Don’t give away any more information. Let them decide whether or not it is a fair offer. If it’s not, then they’ll come back asking for more money. Until then, keep your mouth shut and stick to your offer.

I love this house!

Sometimes, potential buyers tend to get too excited when they find their dream house. But by expressing how excited you are to buy this property, you’re giving the sellers to a chance to snag more money. Try to keep your emotions in check while looking at properties. This will help you maintain a strong negotiating position. If you find a house you’re interested in, discuss it with your agent later on. These discussions should be done in private.

We’re not in a rush to buy

Real estate agents earn by commission. Unless they sell a house, they won’t get paid. We understand that some of you are still in the house hunting process, and you are still looking out for the right property. But if you utter these words, then you’ll be considered as a low priority client. Don’t expect the agent to show you around, knowing that he/she won’t get anything in return. After hearing these words, the agent has already lost interest.

 

4 Ways to Supercharge Your Home’s Online Listing

Today’s homebuyers start their search online. They would go online and look for their dream home at the comfort of their home. Given the number of sellers who decide to promote their property online, you need to make sure that your listing quality is good, especially if you want to sell your home fast. The better your listing looks, the faster it will be to sell your home.

Here are 4 ways to supercharge your home’s online listing. Use these tips to improve your listing quality and sell your property in the soonest possible time.

Upload good quality photos

In the age of the internet, listings with photos perform better than those without. Potential buyers use your listing photos to gauge whether or not they like your home. These photos will attract potential buyers; thus, making your listing more competitive. The key is to capture a set of attractive photos that will complement your online listing.

When selling your home, you want to make sure it looks its best. As such, we highly recommend that you stage the rooms before taking photos. Tidy up the room and make sure that everything is in order. Focus on the strengths of the property and skip rooms that detract from the overall impression you are trying to give. For best results, make sure you have a good quality camera. Any modern DSLR camera is recommended for this purpose.

Be descriptive

When selling a property, you want potential buyers to envision themselves in your home.  Tell people about all the great features of your home. Tell people about the lovely outdoor space, the newly renovated kitchen or the brick patio for BBQs. Make sure you’re actually providing value in your descriptions.

Sell them the dream neighborhood

The location is one of the most important things to consider when buying a house. Future owners can change certain features they don’t want in your home, but they can’t change the location and the neighborhood it is in.

If your home is located in a good neighborhood, we recommend that you mention it in your listing. Are there restaurants, boutiques, hospitals and schools nearby? Are there outdoor amenities like a community pool, bike paths or hiking trails near your home? Can you walk to public transportation? Let potential buyers know about it. Remember, you’re not just selling a house, you’re also selling a neighborhood.

Include your contact details

You created an online listing to reach potential buyers and to sell your property fast. But your listing will be of no use if buyers can’t get a hold of you.

When creating an online listing, make sure you include your contact details, your email address, as well as your availability. Make it easy for potential buyers to contact you.

Tips for Showing Your Home to Potential Buyers

You have cleaned every corner of the house, did some home improvement projects and tried your best to beautify your home. Now, you are finally ready to put that “for sale” sign up in the yard. Luckily, potential buyers have been showing interest in your home.

It’s time to welcome potential buyers to your home and show them why you fell in love in this house

Here are some helpful tips for showing your home to potential buyers.

Play up the visual

Buyers have shown interest in your home and wanted to see it personally. This is a good sign. When they come, they’ll scrutinize your property.

Prepare your home for a viewing by making sure it looks clean, organized and presentable. A few days before the showing, clean up every room in your home. On the day of the showing, do a walk through to ensure that everything is in order. Remember, making a first good impression is important when selling your home. Get your property looking at its best.

Check the temperature

No matter the time of the year, you need to make sure that the temperature in your home is set just right before opening the door to potential buyers.

Home buyers want to walk into your home and feel warm on a cold day. This winter, we suggest that you set the temperature a little higher than you’re used to. Sure, this may mean an increase on your energy bill, but this is not the time to worry about that. If your home is too hot or too cold, your house won’t seem as appealing. Set the temperature to 72 degrees to give them a reason to linger. It will be worth your money in the end.

Top it off with food

This may sound like a cliché, but baking some cookies or brewing fresh coffee before a showing is a great idea. This will fill your home with delicious aroma. Plus, you’ll have something to offer potential buyers by the end of the tour.

Detach yourself

Some sellers think that they’re being helpful by staying during the open house or showing. They would follow buyers around and point out features, which they think buyers should know about. But if you do this, you may risk losing buyers. Buyers would feel uncomfortable looking or giving their opinion about the house if you’re there. Please leave the house before they arrive.

Don’t forget to remove personal items such as family photos, trophies, medals and others. You want buyers to envision themselves living in that house. They can’t do that if these things displayed in different parts of the house.

Tips for Showing Your Home to Potential Buyers

You have cleaned every corner of the house, did some home improvement projects and tried your best to beautify your home. Now, you are finally ready to put that “for sale” sign up the yard. Luckily, potential buyers have been showing interest in your home.

It’s time to welcome potential buyers to your home and show them why you fell in love in this house

Here are some helpful tips for showing your home to potential buyers.

Play up the visual

Buyers have shown interest in your home and wanted to see it personally. This is a good sign. When they come, they’ll scrutinize your property.

Prepare your home for a viewing by making sure it looks clean, organized and presentable. A few days before the showing, clean up every room in your home. On the day of the showing, do a walk through to ensure that everything is in order. Remember, making a first good impression is important when selling your home. Get your property looking at its best.

Check the temperature

No matter the time of the year, you need to make sure that the temperature in your home is set just right before opening the door to potential buyers.

Home buyers want to walk into your home and feel warm on a cold day. This winter, we suggest that you set the temperature a little higher than you’re used to. Sure, this may mean an increase on your energy bill, but this is not the time to worry about that. If your home is too hot or too cold, your house won’t seem as appealing. Set the temperature to 72 degrees to give them a reason to linger. It will be worth your money in the end.

Top it off with food

This may sound like a cliché, but baking some cookies or brewing fresh coffee before a showing is a great idea. This will fill your home with delicious aromas. Plus, you’ll have something to offer potential buyers by the end of the tour.

Detach yourself

Some sellers think that they’re being helpful by staying during the open house or showing. They would follow buyers around and point out features, which they think buyers should know about. But if you do this, you may risk losing buyers. Buyers would feel uncomfortable looking at or giving their opinion about the house if you’re there. Please leave the house before they arrive.

Don’t forget to remove personal items such as family photos, trophies, medals and others. You want buyers to envision themselves living in that house. They can’t do that if these things displayed in different parts of the house.

How to Market Your Home for Maximum Exposure

When it comes to selling your home, you can’t just put a “for sale” sign on your front yard and wait for potential buyers to make an offer.  Rather, you want to put your home in front of the greatest number of potential buyers.

The way you advertise your home will have an impact on its final selling price and how fast it’s going to sell. Here at Denver Property Group, we want to help you sell your home in the shortest possible time and for top dollar.

Here are some tips on how to market your home for maximum exposure.

High-quality photos

Most buyers start their search online. They would look at several homes online before they decide to visit the property. As such, it is important to include high quality photos in your online listing. Otherwise, potential buyers aren’t going to be interested.

Make sure that you feature different areas of the house. For best results, use a good camera and take pictures using natural lighting. If budget permits, we recommend that you hire a professional to take photos of your home. Depending on who you hire, it may set you back by a few hundred dollars, but it’s actually worth the investment.

Write a great description for your property

Considering the amount of home listings online, you want yours to stand out. To do this, we recommend that you create a description that tells the unique story of the property.  Use keywords that paint a picture. You want to write a listing that will jump off the page and grab the buyer.

Share your listings on social media

Social media isn’t just for posting selfies or vacation photos, it’s also a great place to advertise. Get the word out and let people know that you’re selling your house. Who knows, someone on your list might be interested in buying it. It can be a friend, colleague, neighbour, former client, former classmate etc. Plus, there’s nothing to lose. So, go ahead and give it a try.