Tuesday, August 13, 2019 / by Paul Wolfert
Are you a homeowner that’s looking to buy a new property but feel stuck because you have to sell the one you’re in first? If you’re in a position where you need to buy and sell at the same time, I’m going to show you exactly how to do it—and it’s easier than you think. In this video, I’ll let you in on 2 secret strategies to find the best deal before someone else does, all while avoiding scary situations that could leave you homeless. Because careful planning and precision timing here are key, and I’m also going to give you a 7-step checklist that will help you transition from your current home into a brand-new property.
Step 1: What Do You Qualify For?
Before you dive into selling your home while you’re trying to buy, be sure to get in touch with your mortgage lender to see if you actually need to sell in order to obtain financing. If you’re able to qualify to purchase a new home without ...
Thursday, February 22, 2018 / by Paul Wolfert
By: Paul Wolfert - "The Move-Up Expert"
Many older homes have lower values when they go up for sale because they have outdated materials and a design that is no longer contemporary.
Fortunately, there are many different ways to boost the resale value of any property and attract buyers. If you want to improve the quality and the appeal of your house, here are a few tips to follow.
Allow for More Light
Dim and dark interior settings can feel depressing and can reduce the value of older homes. Allow more light in by installing a skylight or a sun tube, which will use less energy and will create a well-lit environment. Sun tubes are popular options because they're affordable to install and can be used in smaller areas of the building.
You can also install sheer curtains on the window and remove blackout curtains to prevent natural light from being blocked during the day.
Install New Cabinetry
The cabinets are one of the most important features throughout the ...
Monday, March 27, 2017 / by Paul Wolfert
By: Paul Wolfert
When it comes to the reality of pricing a home in Michigan, it’s natural that buyer’s and seller’s points of view reflect their different roles and objective.
In a way, they’re mirror images of each other.
From the seller’s point of view, pricing their Michigan home starts out from the reality check of the “comps”—the prices registered in recent comparable neighborhood sales. From there, the pricing decision revolves around the tradeoff between maximum asking price versus the desire for a speedy sale.
Even if there's no time pressure at all, serious sellers will still set the asking price below a level that indicates disregard for current market realities. Rather than communicating “this place is worth more than what people are willing to pay,” overpricing only serves to needlessly put off buyers and their agents.
If time pressure is an issue, experienced sellers will peg t ...
Friday, March 24, 2017 / by Paul Wolfert
By: Paul Wolfert
The attachment we build to the places we live in is an easy-to-understand human emotion.
Almost everyone who has ever moved away from or sold a family home has experienced a sense of loss that can be overwhelming.
Those places are jam-packed with memories. Good, and bad.
But that’s only one of the emotional connections that come into play where real estate is involved.
Even though we tend to think of such important decisions as buying and selling Michigan real estate in more hard-headed terms, a host of complicated human factors can play an important role.
One of them is becoming more prominent—and is likely to grow more so as we move into Michigan’s peak spring and summer real estate selling season...the hard-to-pin-down factor of general well-being: the fuzzy—but real—sense of optimism or pessimism that’s shared by just about everyone.
It’s undeniable that when people feel good about the ...
Thursday, March 16, 2017 / by Paul Wolfert
By: Paul Wolfert
What time is it?
Time to move! Maybe.
The timing for when to buy or sell a home in Michigan can be a decision that pretty much makes itself.
Sometimes family demands call for a move to larger or smaller pad; sometimes a change in career demands or a schooling decision requires a residential switcheroo.
But there are other times when an eventual move is in the cards—but timing is flexible.
That’s a situation where the whole decision can sometimes be based on guesses about the future of Michigan home prices.
This is when people ask me “how much do you think that house will cost next year?” or "Do you think my house will go up/down in value?"
Nobody likes to be taken by surprise—especially if the surprises were predictable.
As we venture into the peak real estate selling season here in Michigan, it would be nice to know the direction home prices are headed.
Right now, it looks as i ...