Home Inspection Tips Designed To Help You Sell

Quick And Profitable

Those wishing to sell their home in the near future should keep in mind that potential buyers will more than likely order a professional home inspection before making a final purchase decision. Keeping this simple fact in mind here are a few essential tips to help make sure that you have the best chance possible of selling your home in a quick and profitable way. For example, consider having an inspection performed before listing your home for sale.

Marketed As Pre-Inspected

This is important because you can then state in the listing that the home has been pre-inspected and repaired in accordance with the home inspection report. There is cost involved with a home inspection, but the simple fact that the home can be marketed as pre-inspected can make all the difference in enjoying a more successful sale. Statistically speaking, many homes ultimately fail to close because of complications associated with the home inspection. If these issues have been addressed and resolved prior to selling a home, it is more likely that the sale will proceed without delay.

Comments In The MLS

Including references to a pre-inspection in the multiple listing along with stating that all repairs have been made is an excellent marketing strategy that should never be overlooked. This is one more way to make a house truly turnkey and to make it as easy as possible for potential buyers to close on a home. Always ask your realtor to include comments in the MLS letting potential buyers know that a home inspection and any subsequent repairs have been completed. Further, it is a good idea to let prospective buyers know that all records related to all repairs can be made available upon request.

Convenient And Attractive

Finally, those wishing to sell their Oak Harbor home can also let buyers know that a home warranty is in effect and available and that it can be transferred to the buyer at closing. Best of all, most warranties available today will not need to be paid for until closing. The main goal is to always make it is easy, convenient and attractive as possible for buyers to fall in love with your home and ultimately make a purchase. As an added note, some sellers may wish to price their home above or below market value based upon any potential issues identified in the home inspection report. Contact Nicole Haun today to learn more about Oak Harbor real estate services that get results.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

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2017 is the Perfect Year to Buy a Home

Make An Investment

If you have been on the fence about buying a home, 2017 may be the ideal time to consider making a purchase. Many experts in the industry are saying that now is a better time than ever before to jump in and make an investment or to simply get out of the rent paying routine. This is especially true considering that rental rates have steadily increased across Washington State in recent months. The prediction is that rental rates will only continue to increase.

Price Appreciation

While it is true that inventories of homes have tightened, there is a growing number of homes being added to the mix as more and more homeowners look to capitalize on increased property values in 2017 by selling. This equates to a greater selection for potential home buyers. Price appreciation, while a two edged sword can indeed be a major driving force in the real estate industry ultimately spawning greatly increased activity in the market. This added to the fact that in 2017 there is expected to be ongoing growth in those who will hire contractors to build a home on a recently purchased lot.

Builders Are Also Speculating

With tight inventories 2017 continues to see more creative approaches to home ownership. If you can’t find the home of your dreams, simply find the perfect lot and then build a home to your exact specifications. Not a bad idea, especially in light of the fact that home choices have been somewhat limited in recent days. Builders are also speculating and building starter and middle-range homes for the same reason. This type activity serves to bolster inventory levels to some degree. Interest rates are another key metric in today’s unique real estate market.

Trending Toward A Steady Rise

Even though the Fed just raised benchmark rates again a few days ago, the overall interest rate that drives Anacortes mortgage rates is still considered invitingly low by historical standards. In short, consumers are still enjoying what are some of the lowest interest rates seen in a generation. While rates are trending toward steady rise, it is a slow process and as such potential homebuyers can expect good deals in this regard through the remainder of 2017 and into 2018. At the end of the day 2017 is truly a great time to buy a home in Anacortes or anywhere in Washington State.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

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How To Stage An Open House

Perfect Opportunity

Increasing the exposure on your home is one of the fastest ways to improve the chances of selling quickly. An open house is the perfect opportunity to do just that. So what exactly is the best way to get your home ready for an open house? The answer to this question may depend largely on the current condition of your home as well as a few other factors. Here are some simple and basic strategies on how to stage a home in preparation for an open house event.

Attracting The Interest Of Buyers

The first step is to simply plan for your open house in the right way. Before starting, consider talking with professionals in the industry such as home stagers and your realtor. Dressing up a home prior to an open house can greatly enhance the chances of attracting the interest of motivated buyers. Equally important is to identify the right target audience when planning this type of real estate event. Are you targeting families, business professionals or some other type of specific market?

Spotless And Attractive

Cleaning is another important aspect of having a successful open house. The home should be clean, spotless and attractive throughout. Dust all furniture, clean out all shower stalls and pay particular attention to the kitchen so that the presentation is indeed perfect. It is equally important to depersonalize the space and de-clutter wherever possible. Remove all personal items such as family photos and anything else that could distract a potential buyer. Closets should be cleaned out especially in light of the fact that an overcrowded closet could convey to buyers that a home is too small.

Add Stylish Accessories

When having an open house it may be a good idea to plant some new colorful flowers and keep the lawn freshly mowed. A fresh coat of paint wherever possible and replacing faded out house numbers can add the perfect touch. Pay particular attention to the kitchen by removing any photos or magnets from the refrigerator prior to showing the home. Clear off all countertops and add stylish accessories where possible. In the bathroom, everyday towels should be replaced with new fancy towels. Finally, consider putting out fresh cut flowers and even baking cookies to make your Oak Harbor home feel warm and inviting. Contact Nicole Haun today to learn more about Oak Harbor real estate opportunities.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

Read our latest Press Release

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Why Real Estate is Clearly a Smart Investment

Protection Against Runaway Inflation

Considered by many experts to be one of the surest and smartest investments available today, real estate investing is an ideal way of protecting and growing wealth. This is especially true considering that it offers excellent protection against runaway inflation. More people than ever before, as a result, are including residential or commercial real estate assets in their investment portfolio. Here are a few primary reasons why investing in income-producing real estate can protect and grow wealth year after year.

Buy More Assets Using Less Money

For example, this type of investment vehicle will provide for positive cash flow. Investing in real estate is a proven way of generating a regular income stream that is notably more robust than typical stock related dividend yields. Also keep in mind that when investing in commercial real estate it is often possible to buy more assets using less money. This is simply due to the fact that it is possible to place a greater amount of debt onto an asset that can be up to several multiples of the original equity.

Leveraged By Multiple Cash Flow Streams

In addition, increasing positive cash flow is possible by using positive leverage on any given real estate asset. This can be done by borrowing money at a lower cost to the borrower than what the property is capable of paying out. In essence, both residential and commercial real estate investing allows for low-cost debt to be leveraged by multiple cash flow streams. It is also an excellent hedge against inflation. Historically speaking, real estate investments as compared to other asset classes such as stocks and bonds provide the best inflation hedge available today.

Depreciation Acceleration

As an added advantage, Anacortes real estate investments of just about any variety are known for maximizing tax benefits in a very substantial way. Today's existing US tax codes are designed in such a way that they greatly benefit real estate owners. For example, investors are able to leverage unlimited mortgage interest deductions as well as depreciation acceleration. This helps to protect the positive cash flow that is routinely generated by real estate investors. Finally, asset value appreciation helps to secure the purchasing power of real estate investors. When properties are effectively managed, the end result can be impressive returns and remarkable asset value appreciation over the short and long-term. Contact Nicole Haun today to learn more about profitable investments in real estate in Oak Harbor Washington.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

Read our latest Press Release

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Smart Strategies For Investing In Real Estate

Modern Real Estate Opportunities

Few other investments in the world compare to those involving real estate. That said investing in this type of asset is often more complicated than investing in things like stocks or commodities. As such it is a good idea to first gain an education on the subject of investing in investment properties. Here are a few smart strategies for investing in today's modern real estate opportunities. For example, location should always be a prime concern. The old saying that location matters is just as true today as it was years ago.

Fixing Up And Selling A Home

Before handing over a huge down payment on an investment property, always make sure that you have carefully chosen the best location for a given area. Compare the worst and best houses on the street to help you determine if your investment is indeed sound. Obviously, choosing the least desirable house in an excellent neighborhood can be a smart move financially. Investing in fixing up and selling a home and by bringing it up to the standards of surrounding homes is typically a very profitable venture.

Available At A Deep Discount

In addition, smart real estate investing frequently involves finding and comparing wholesale properties. A savvy investor in real estate will typically avoid paying full price for an investment property. Focus on looking for wholesale properties that are available at a deep discount. Those that require major rehab or remodeling or foreclosure properties are just a few examples. Maximizing return on investment begins by making a smart purchase at the very outset. Equally important is to consider the tax benefits associated with investing in real estate.

Tax Benefit Of Depreciation

The tax credits and advantages associated with investing in real estate can be substantial and rewarding. Real estate investors can write off depreciation and take a wide range of other important tax deductions. Consulting with a tax advisor is the best strategy in this regard. One example of a depreciation related tax benefit is that of the depreciation write-off. This can be taken on a residential building and can last as much as 27 years. Conversely, an Oak Harbor commercial building investment can enjoy the tax benefit of depreciation for more than 39 years. Consider these simple yet important tips and strategies as a way to maximize your returns as a modern real estate investor. Contact Nicole Haun today to learn more about investing in Anacortes real estate as a profitable long-term venture.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

Read our latest Press Release

Twitter Hash Tag #RealEstateInAnacortes

Follow Nicole Haun on Twitter @HomesAnacortes

Tips on Being an Efficient and Effective Property Manager

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Today, more than ever before a growing number of people are choosing to manage their own properties as a way to increase rental income and revenue. That said here are some useful ways of being a more effective property manager regardless of whether the property is residential or commercial. Keep in mind that being a landlord can be challenging so be prepared by bringing to the table a wealth of research and knowledge.

Renting To The Right Tenants

A competent property manager requires investing time, effort and money into being one that is truly successful. One of the most important aspects of getting property management right from the very beginning is always screening tenants thoroughly. Renting to the right tenants can save a lot of time and trouble down the road. Do a comprehensive credit and rental history check to ensure that you are choosing the best applicant. In addition it is important to have the correct kind of lease or rental agreement in place.

Important To Fulfill All Obligations

It goes without saying that having a written lease agreement for any rental property is an absolute necessity. Downloading the first free online copy of an agreement that you come across is not recommended. It is better to hire an experienced real estate lawyer who can then write up an agreement that will ultimately save you money in the future. The right type of lease agreement will clearly state all rights and responsibilities as they relate to both parties. As a landlord it is important to fulfill all obligations. This includes properly maintaining a property, and providing other routine maintenance as necessary such as keeping the lawn mowed and performing routine repairs and upkeep.

Gift Card To A Local Restaurant

Equally important is to reward your tenants when possible. Being overly strict and excessively overbearing can deter long-term a lease with good tenants. Tenants who consistently pay rent on time and who never have issues or problems should be rewarded occasionally as a way to show appreciation. Whether it is a gift card to a local restaurant or some other type of similar gift, a small investment in a gift of appreciation is well worth the investment. Finally, always carry full rental insurance on any rental real estate in Anacortes as a way to protect your property at all times. One lawsuit or some other type of event such as a fire can result in devastating losses for property owners. Contact Nicole Haun today to learn more about Anacortes property management and real estate ownership.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

Read our latest Press Release

Twitter Hash Tag #RealEstateInAnacortes

Follow Nicole Haun on Twitter @HomesAnacortes

 

Secret Real Estate Tax Tips that can Save you Money

It is a proven fact that those who have accumulated substantial wealth are better able to maintain their wealth simply by taking advantage of tax credits and tax breaks. Tax benefits can be derived not only from smart general income tax preparation but also highly efficient real estate tax preparations and considerations. In many cases the most tax benefit can be gained by owning a second home or an investment property as opposed to a primary residence. Investing in Anacortes real estate is an excellent way of building wealth especially when real estate tax implications are considered and effectively maximized.

Safe Harbor Rules

The first example of a way to save money when it comes to real estate taxes is to take full advantage of all safe harbor rules. This suggests that if you are the owner of a second home, it may be worth renting out the property especially if it is not being used. Tax rules vary based on how long an owner uses their home in terms of total number of days per year. Talk with your tax professional to find out the specific rules as they apply to safe harbor. Depreciation of rental property is another key consideration that should never be overlooked. The IRS views a rental property as a business expense.

Depreciation Losses

As such tax rules allow a property owner to deduct depreciation losses for a specific time span. This is another case where talking with your tax professional can help you to determine how best to target depreciation write-offs to save money on a real estate investment. One important concept when it comes to depreciation is that houses typically appreciate in value as opposed to depreciate. This is a key idea in that as a property value increases depreciation actually never takes place. As a result, property owners save on taxes and profit on the value of their home as it's worth rises.

1031 Exchange Rule

Equally important is to take full advantage of what is known as the 1031 exchange. When a property owner sells a rental property they can avoid paying any capital gains by simply reinvesting the proceeds of the sale into the purchase of another property that is more expensive. This rule can be complicated and that is why is important as stated earlier to always consult with your tax professional. The 1031 exchange rule can help property owners maximize the value of their real estate investments while avoiding the danger of eroding capital by having to pay the IRS capital gains taxes. Consider these simple yet important tips on how to save money on taxes as a real estate investor. Contact Nicole Haun today to learn about more investing in real estate in Anacortes Washington.

About Nicole

Contact Nicole Haun today by visiting Realestateinanacortes.com and filling out our simple online contact form. We offer access to a wide range of Bow WA multiple listings as well as homes for sale in Mount Vernon Washington and many other surrounding communities.

Read our latest Press Release

Twitter Hash Tag #RealEstateInAnacortes

Follow Nicole Haun on Twitter @HomesAnacortes