Real Estatin' the Facts

 

Selling a home is a complex and often stressful process that requires a lot of planning and preparation. However, by following a comprehensive checklist, you can simplify the process and ensure that you are well-prepared for every step along the way. In this blog post, we will discuss a detailed checklist to help you plan how to sell your home. 1. Determine your timeline   and goals: Before starting the selling process, you should first determine your timeline and goals. Are you in a hurry to sell your home, or do you have more time to wait for the right offer? What is your minimum acceptable price for the home, and what are your expectations for the final selling price? Answering these questions will help you create a roadmap for the selling process and set realistic expectations. 2. Hire a real estate agent:  One of the most important steps in selling your home is hiring a reputable real estate agent. A good agent will help you price your home correctly, market it effectively, and ne

  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. New industrial challenges as overseas jobs return home  The trend toward reshoring manufacturing jobs means identifying available land to build on or facilities suitable for retrofitting is paramount. Full Story:  REALTOR® Magazine  (3/22)  Prepare homeowners for possible flood damage   Spring showers may bring flowers, but they also might cause flooding in basements, crawl spaces and weakened foundations. Here's how to help prepare and prevent that. Full Story:  REALTOR® Magazine  (April 28, 2022)  Wave of foreclosures continues across US   ATTOM is tracking the rise in foreclosures that has gone on unabated since the end of government mandated homeowner protections enacted at the start of the coronavirus pandemic. New York, Chicago and Los Angeles topped the list of larger U.S. cities seeing the highest number of foreclosures. Full Story:  Los Angeles Daily News  (4/19) 

Estate planning is the process of preparing for the transfer of a person's wealth and assets after their death. While most people tend to think of estate planning as simply writing a will, there are many other important considerations to take into account when planning for the transfer of your estate. In this article, we will discuss some special considerations that you should keep in mind when planning your estate. 1. Special Needs Planning:  If you have a loved one with special needs, it is important to make special provisions in your estate plan to ensure that their needs are met after you are gone. This can include setting up a special needs trust, which can provide for their care without impacting their eligibility for government benefits. 2. Business Succession Planning:  If you own a business, it is important to consider what will happen to the business after you are gone. Business succession planning can help ensure that the business continues to thrive and that your employ

  Estate planning is an essential process that everyone should undertake to ensure that their assets are managed and distributed according to their wishes after their passing. Unfortunately, many people make mistakes during this process that can lead to unintended consequences and legal disputes. In this blog, we will discuss some of the most common estate planning pitfalls to avoid. 1. Failing to Plan:  The biggest mistake people make is not having an estate plan at all. Without a will or trust, the distribution of assets will be left to state laws and court decisions, which may not reflect the individual's wishes. A well-drafted estate plan ensures that the individual's assets are distributed according to their preferences. 2. Not Updating the Estate Plan:  Another common mistake is not updating the estate plan as life circumstances change. Major life events such as marriage, divorce, birth, or death in the family can impact the estate plan. It is essential to review and upda

  Weekends are the perfect time to tackle home improvement projects and spruce up your living space. Whether you're a DIY enthusiast or just looking for simple ways to enhance your home, here are some easy weekend home improvement projects that can make a big impact with minimal effort.   1. Freshen Up Your Walls with a New Coat of Paint:  Painting is one of the most cost-effective ways to transform a room and give it a fresh look. Pick a color that complements your existing decor or go bold with an accent wall. With some basic tools like brushes, rollers, and drop cloths, you can easily complete a room in a weekend. Don't forget to properly prepare the walls by cleaning and patching any holes before applying the paint for a professional finish. 2. Install a Backsplash in Your Kitchen:    A backsplash is not only functional, but it can also add a stylish element to your kitchen. There are various options to choose from, including tile, beadboard, or even peel-and-stick options.

  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. Where homeowners pay the lowest, highest property taxes  Real estate taxes have been on the rise over the last few years. Help home buyers avoid the sticker shock. Full Story:  REALTOR® Magazine  (4/14)  Mortgage rates move closer to 'sweet spot' for buyers   As NAR economists predict a fall below 6% by year's end, new data reveals the rate threshold at which the market would likely be flooded with buyers. Full Story:  REALTOR® Magazine  (4/14)  Federal agencies told to get more employees in the office   The White House Office of Management and Budget is directing federal agencies to revise workforce plans so there is an increase of in-person employees at offices. "The guidance we are releasing today directs agencies to refresh their Work Environment plans and policies, with the general expectation that agency headquarters will continue to substantially increas