Selling your home or investment can be daunting. I will answer your questions, making sure you feel confident during every step.
Whatever type of home you are searching for, I will find it for you at a competitive price. TIC? Fixer-upper? Luxury? I can help with all of it. Call me today.
I'm here for the whole journey. While no home buying experience is stress free, my experienced guidance is here when you need it most.
Financial considerations are important when you think about selling your house. There are a lot of reasons why you may want to sell your home: move to a new location with more space, downsize or travel the world! But it’s important to price your home based on market research and not personal needs. Research homes which are similar in size, age, and amenities as your own home. This step will help you get realistic about your decision in selling your home. As part of the decision, you need to consider comparable properties in your area, current market conditions, as well as the cost of financing and its availability.
When you plan to sell your home, the way you market, advertise and present your home plays a huge role in selling your property instantly and at a good price. Weigh the pros and cons before making a decision. In the end, we all want the same thing; the best price with the least amount of hassle.
Selling a home can be a life-changing decision and knowing if it's the right time depends on many factors like:
First impressions are important! How you stage your home and take care of the little details goes a long way. It’s important to improve and repair your home before you invite prospective buyers into your house. You could easily lose a sale if it’s not in pristine condition. Few minor touch ups can go a long way in making a good impression on potential buyers and hopefully that would lead to clinching that deal. You don’t have to break the bank to make your home look appealing. Small changes like cleaning out the clutter, paying attention to smells, getting rid of personal items, making sure the room is well lit and bright, making minor repairs, all this can go a long way. This will help increase the home value and shorten the sales time. As much as the interior of your home is important, the exterior of our home plays a big role too. It is important to maximize curb appeal. Also, to show off your home’s best assets it’s key to have good and professional pictures taken. To help you stage your home, STONYBROOK REALTY outlined 4 basic stages of preparing:
Homes that are clean, well maintained, have great curb appeal, and have a neutral décor sell faster and for more money than homes that don't. Therefore it is important to get it in the best possible condition prior to offering it for sale. We’ll help you with Tips, ideas, advice, secrets and staging ideas on getting your house ready to sell:
Every homeowner / seller would like to sell their home as soon as possible for the best possible price. According to the National Association of Realtors, the median days on market for homes sold in September 2015 was only 49 days.
There are a number of factors that can speed up or slow down a sale:
Staging Specialist: Staging is a strategic marketing tool designed to show a property in its best possible light. Professional stagers believe in the power of this technique because they believe sellers can get top-dollar and a quicker sale by making the home appeal to the largest group of people. Nicholas Stefanelli also works with a professional stager and is able to provide a consultation if needed.
Appraisers: Nicholas Stefanelli works closely with
Owner, MDA Appraisals home appraisal is an unbiased estimate of how much your property is worth. The appraiser is looking at the value of the home. It is performed by a licensed appraiser, who takes into account the property features, the market conditions, and the data on sales of similar properties. Appraisals are normally done by buyers (or their banks), but there are a few benefits to getting one done upfront. An appraisal can help you figure out what a buyer’s bank will approve. This is important because a deal can fall through if the buyer’s bank appraises the house for less than the agreed price. Knowing this ahead of time can help you negotiate with the buyer and ensure that they have the funds to close.
Home Inspector: Once you have executed a sales contract with a buyer, the first thing the buyer is most likely going to do is hire a home inspector to inspect your house. It is the Seller’s responsibility to provide access to the property to the Buyer and the Inspector during the agreed timeframe. The inspection can be a deal killer if something is found that wasn’t disclosed.
Professional Organizer: When you are too busy, too confused, too tired, or too stressed to deal with your clutter, Professional Organizers come into the picture. Professional Organizers come to your home with all the advice, innovative products and solutions you need to turn your home into a place that is appealing for prospective buyers. Many stagers are also professional organizers.
The goal is to showcase your home in its best light and get maximum exposure when marketing your property.. A lot has changed over the past 10 years, online and mobile have changed the role of brokers and real estate agents. Today the internet is everyone’s first stop, since nearly every listing is posted online. These are the tools you should incorporate in your marketing strategy:
When you’re selling your home, the process of negotiating with prospective buyers often involves a volley of offers and counteroffers before both parties agree. An offer and subsequent negotiation is where the real action starts. As the seller, if you receive an offer that you don't like, counter offer the offer with terms that you feel are more acceptable. It's a time for rational thought, consultation and action where required, to hammer out a golden deal.
It is the last phase of the home selling process. But before you can breathe a sigh of relief there are few other steps to be completed before the deal is finally done. Once a buyer has decided to make an offer on your home, the buyer will most likely require an home inspection and appraisal to be performed. Depending on the results of the appraisal process, the buyer may attempt to renegotiate the purchase price. Nicholas Stefanelli can help you manage all the documents that need to be signed and sent to the buyer to make sure to keep you on track for an on time closing. Nicholas Stefanelli who is a licensed Title Insurance Officer, Insurance Broker and Loan Officer has all the Real Estate Expertise to guide you through the process and explain the steps along the way.
Buyers have to pay prepaid closing costs for their mortgage. Closing fees average around 2% to 5% of the purchase price of their home in closing fees. Nicholas Stefanelli at Stonybrook Realty will provides the laundry list of closing costs you should be aware of.
Closing costs are fees paid at the closing of a real estate transaction. Therefore at closing point, the title of the of the property is transferred from the seller to the buyer. This is in addition to the down payment made. Closing costs are incurred by either the buyer or seller.
As a rule, you can estimate that they typically total between 2% to 7% of the home’s purchase price. So on a $350,000 home, your closing costs would amount to anywhere from $7,000 to $24,500. Closing costs cover expenses such as settlement fees, lender fees, and title insurance. Both buyers and sellers typically pitch in on closing costs, but buyers shoulder the lion’s share of the load.
This calculator will help you get an estimate of what your closing costs will be to help you better prepare yourself financially for all the costs of your new home loan.
Home buyers typically pay between 2 to 5 percent of the purchase price of their home in closing fees. So that’s not exactly small change. When you’re negotiating a home sale, your lender will provide you with what’s called a Loan Estimate (mentioned above) detailing what your closing costs are likely to be. we have six tips for cutting those costs down to size: