Selling your home in MD or D.C. can be a stressful situation without a trusted real estate professional to guide you through the selling process. Now, more than ever there are more contract forms, changes in housing regulations, agency agreements, etc., that are required to protect your best interest. It seems that now, when selling your home a seller almost have to be a lawyer to keep up with the changes in the market. With the advent of the internet, HGTV, DIY network and other similar television programs, buyers are more educated as well as informed about the buying process. The majority of buyers start their search online via the different real estate websites or networks approximately 90% of the time before going out to preview homes. By this time, most buyers have already researched and analyzed the particular neighborhood statistics, school district and crime statistics. When selling your home, be mindful of these facts and price your home accordingly to attract qualified … [Read more...]
Top Renovation Projects 2013
We are sharing this list of the top renovation projects for 2013 in the Washington, D.C. and Maryland Areas. With the housing market recovering, spending on remodeling projects is rising. Homeowners spent 9% more on renovations in 2012 than the previous year, according to an April study by the Joint Center for Housing Studies at Harvard University. Whether you’re considering increasing the resale value of your home....or you simply want to make your surroundings more comfortable, renovation spending is expected to increase again this year, the study says. The top renovation projects for 2013 that homeowners will make, according to the latest American Housing Survey, are upgrading appliances and major equipment as well as flooring, paneling, ceilings, windows and doors. Adding a garage at a median price of $15,000 is the most expensive project. Kitchen remodeling, at a median price of $5,000, is the next most expensive followed by roofing at a median cost of $4,559. According to the … [Read more...]
When to consider a HAFA Short Sale?
Why wait on a foreclosure? Tax Rules Encourage Short Sales Sooner, Rather than Later When to consider a HAFA short sale? Tax rules that let you escape paying federal income tax after a short sale expire this year. Read Visit houselogic.com for more articles like this. Copyright 2013 NATIONAL ASSOCIATION OF REALTORS® … [Read more...]