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Advice for Homebuyers and Sellers

4 Jun

TODAY Chat: Advice for homebuyers and sellers

By Herb Weisbaum, TODAY contributor

Ilyce Glink

It’s a seller’s market in many parts of the country right now. That’s a big change from the past six or seven years. With buyers competing for the same property, home prices are going up. It’s a good thing mortgage interest rates are at historic lows.

“If you want to get the home of your dreams, you need to be really serious,” advises real estate expert Ilyce Glink, author of the book Buy, Close, Move In. “You’ve got to get pre-approved, not pre-qualified for your purchase. You have to know what you want and how much you feel comfortable spending (it may be less than what the bank suggests). If you know what you want and how much you want to spend, and you’ve spent a lot of time in your neighborhood of choice, when the right property comes up, you can pounce.”

During a TODAY Money web chat on Wednesday, Glink, shared some great advice.

TODAY: What do you say to all of the people who still find themselves underwater? Will they ever get back to the plus side again and have some equity in their home?

Ilyce Glink: We’re seeing tens of thousands of Americans get back to positive equity every month, as home prices rise. In some places, like Georgia, about 40 percent of all homeowners are underwater. But the national average is now 20 to 23 percent.

Those who bought in 2005 to 2007 might not go positive for the next 10 years, if they were in the hardest hit areas, but most other people will or they will do short sales and have the debt be forgiven.

We will get most of America right-side up again and probably by 2015.

TODAY: What’s the biggest mistake buyers make?

Ilyce Glink: Buyers often make the mistake of buying in the wrong location. The think they can live somewhere, but don’t really take the time to thoroughly investigate the neighborhood. They don’t walk by the school or visit local stores or dining establishments.

They might check out the school district for the age their kids are today, but not the schools they’d go into 5 years from now.

And, speaking of the future, buyers often forget that they’re supposed to live in this house for 5 to 10 years – they think they’ll flip it in 24 months and triple their money. NOT!

TODAY: And what’s the biggest mistake sellers make?

Ilyce Glink: Most folks think that their home is worth much more than it is – even if it is in great shape. It can really get in the way of selling your home.

When I tell people that homes values are rolled back to where they were in 2003, a full 10 years ago, they don’t fully comprehend what that means. But think back. Your home was probably worth 20% less than it is today – or even less.

Published in Today.com – 9 May, 2013, 1:44pm, EDT

How FSBO-KC Can Help:

Low Home Equity – FSBO-KC has the best FSBO programs available to help you market and sell your home with no commissions!

Buyers – Our FSBO-KC listings have an Interactive Neighborhood Map showing the surrounding amenities for each listing including enhanced Google Maps!

Sellers – We provide our listed clients with a FREE Comparative Market Analysis to make sure the home is priced right in todays market!

Give us a call or come visit us at The FSBO Store today!

The FSBO Store
NE Corner of I-435 & Roe
10635 Roe Avenue
Overland Park, KS  66207
Johnson County, Kansas

PH: (913) 498-3726
FAX: (913) 385-7230

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View Our Homes For Sale in the Greater Kansas City, Lawrence and Topeka Areas

18 May

Home of Kansas City’s BEST HOME VALUES online and in your neighborhood in the Greater Kansas City, Lawrence and Topeka Areas!

http://www.fsbo-kc.com/homesforsale.aspx

KC FSBO Store
10635 Roe Avenue
(NE Corner of I-435 & Roe)
Overland Park, KS 66207
Phone: (913) 498-FSBO (3726)
http://www.fsbo-kc.com

Visit our Facebook Page for the very latest Listing Posts and Updates!

Visit our Pinterest Boards for Great Home Design Features and Ideas!

Spring Cleaning Tips

3 Mar

Homeowners want to know what they can do to ensure that their homes bring top when they are ready to sell.

With Spring nearly here, why not tackle those projects that you have been putting off all Winter!

The list below offers a great start to keeping your home in great shape and at maximum value!

  • Remove and donate unwanted items
  • Reorganize and clean attic and garage
  • Power wash exterior walls, porch floors, deck, patio, driveway and sidewalk
  • Clean outdoor furniture, umbrellas and outdoor light fixtures
  • Clean out gutters
  • Clean our refrigerator and freezer, making sure to vacuum the grill
  • Reorganize closets
  • Wipe down baseboards, walls and ceiling fans
  • Steam clean carpets, area rugs and upholstery
  • Clean windows; inside and out
  • Reseal natural stone surfaces
  • Reseal and repair grout in bathtubs and showers
  • Clean window treatments, blinds and shutters
  • Remove all items from selves; dust and clean
  • Oil hinges

When you’re ready to know the value of your home, please give us a call!

The FSBO Store

913-498-3726

“Kansas City’s Trusted Leader in Private Home Sales Since 1996”

Time to List your Property with The FSBO Store at www.FSBO-KC.com

12 Jan

Time to List your Property with The FSBO Store

Snow covered house

View Our Homes For Sale in the Greater Kansas City and Lawrence Areas

9 Jan

Home of Kansas City’s BEST HOME VALUES online and in your neighborhood in the Greater Kansas City area!

http://www.fsbo-kc.com/homesforsale.aspx

KC FSBO Store
10635 Roe Avenue
(NE Corner of I-435 & Roe)
Overland Park, KS 66207
Phone: (913) 498-FSBO (3726)
http://www.fsbo-kc.com

Visit our Facebook Page for the very latest Listing Posts and Updates!

Visit our Pinterest Boards for Great Home Design Features and Ideas!

By Owner Homes For Sale in the Greater Kansas City and Lawrence Areas

24 Nov

Home of Kansas City’s BEST HOME VALUES online and in your neighborhood in the Greater Kansas City Area!

http://www.fsbo-kc.com/homesforsale.aspx

Selling Your Home by Owner – More Than Just a Sign in Your Yard!

KC FSBO Store
10635 Roe Avenue
(NE Corner of I-435 & Roe)
Overland Park, KS 66207
Phone: (913) 498-FSBO (3726)
http://www.fsbo-kc.com

Visit our Facebook Page for the very latest Listing Posts and Updates!

Visit our Pinterest Boards for Great Home Design Features and Ideas!

Visit our Open Houses this weekend!

20 Sep

Visit our Open Houses this weekend!

And for the very latest listing info…

Visit our Facebook Page for the very latest Listing Posts and Updates!

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