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Not long ago, real estate sales involved hammering a sign in the yard, placing newspaper ad’s and mailing post cards to neighbors.  Today, selling a home requires a huge amount of internet advertising and distribution…which means using great photographs, video’s and social media to boost your properties image and catch a buyer’s eye. 

If you are one of the thousands of  home sellers looking to capitalize on the real estate recovery and pocket maximum profit from your home sale, you have to embrace the internet.  Home buyers use Ipad, tablets, desktop computers and smart phones to shop online and compare hundreds of homes for sale.  Today’s buyers quickly scan through hundreds of listings on sites like Zillow and Realtor.com, looking for that one home that catches their eye. 

To maximize the sales price of your home, consider these 5 tech savvy tools and tips

  1. Use Professional Grade Photography.  A recent study revealed that professional property photo’s increase the perceived value of a home by 13 percent.  Considering that a 13% added value on a $250,000 home equals an increase in value of $32,500, it could well be worth your while to hire a pro.  Buyers are visually oriented, so selling your home has become a bit like a beauty pageant, of sorts.  To increase your sales price, provide the best possible pictures on the internet to grab the buyer’s attention and motivate them to schedule a home showing.
  2. Post a Video Tour on YouTube.  About 20% of buyers search online for home video’s.  Grab their attention by posting a video on InfoTube.net .  We will upload it to YouTube for you, or you can upload toYouTube.com by yourself.
  3. Include a Floor Plan of Your Home.   If possible, include an interactive floor plan that shows how rooms in your house relate to one another.  Interactive floor plans combine the floor plan with professional photo’s and create an exciting shopping experience for home shoppers.
  4. Get Rid of Clutter.  We have all heard this before, but it is amazing at the number of people who do not pay attention to this simple advice.  Buyers are not interested in buying furnishings; they are shopping for a home.  Your house will show much better if it is clean, organized and all personal items are removed.
  5. Advertise on the MLS.   The internet has made it possible for sellers to list property on the MLS and sell it By Owner.  The MLS is the national database of homes that are For Sale.  If your listing is not a part of the MLS, you are missing millions of home shoppers every month, who will never know your house is For Sale.  All MLS listings are distributed to every major search engine for real estate including Realtor.com, Zillow, Trulia, Google, Yahoo and many more.  These websites report buyer traffic in excess of 24 million home shoppers each month.  If you want to maximize your sales price and profit, you have to be on the MLS

Thank you for visiting InfoTube.net.  Please search our website for fantastic deals on thousands of homes for sale by owner, investor and builder.    For more great marketing tips and home improvement idea’s…then be sure to LIKE us on Facebook. 

10 Tips for Finding Your Perfect Home

Wednesday, July 10, 2013 posted by Tommi Crow

10 Tips for Finding the Perfect Home

Buying a home can be stressful and exciting all at the same time. It’s quite the adventure! We recently purchased our second home and I found a few tips very helpful while searching for the perfect home for my family.

1. Figure out what your ‘perfect home’ looks like. Write down on a piece of paper all of the things you must have in your new home, things that would be nice to have and things that don’t really matter.

2. Purchase a home that stays in budget. Make sure to get pre-approved for a loan before going out to look at houses. It will make the buying process much easier and you will know which houses to look at.

3. Bigger isn’t always better. While we all dream of having a huge mansion, it’s good to think about what will be best for your family. Figure out how many rooms you need to fit your family comfortably and look in that range.

4. Think about remodeling. Many homes you will look at may not be in the best condition, but think about the potential of the house. Would painting and new wood floors turn it into your dream house? How about a kitchen or bathroom remodel? There are many easy fix-ups such as adding new light fixtures and painting that can turn your house into the perfect home.

5. Location is important. Check the surrounding area of the home. Drive around the 2 mile radius to see what is around your home. Make sure it is in an area you feel comfortable with. Find out what school district you’ll be in. Even if you don’t have kids, you may want to think about the school district you live in for resale. You may also want to take the commute to your work and see how long it will take you.

6. Do your research. Research property values in the area. Stalk your neighborhood and find out what it’s like at all times of the day. Is it a family friendly neighborhood? You could even knock on the neighbors’ doors before buying.

7. Do a home inspection. The home inspector will look at everything in a home and give you a non-biased opinion. They will also tell you the true value of the home you are looking at. It’s better to spend a couple hundred dollars doing a home inspection than finding out the house had several problems.

8. Picture your family living in the house. When you walk into the home, can you picture your family living there? Does it have a good feeling? Picture your family living in each room and see you how feel.

9. Leave room to grow. Make sure your ‘perfect home’ has extra storage and gives you room to grow.

10. Don’t put your expectations to high. Realize that most houses aren’t perfect to begin with. Even if you are building your dream home, there are always things that could have been different. Be flexible. Once you move in and add your own style it will soon become your dream home.

InfoTube.net has thousands of Homes for Sale.  Please search our site for listings seen no where else on the web.  Thank you for reading our Blog and if you Love Real Estate…LIKE InfoTube for Real Estate on Facebook.  We post really cool things every day.

Housing Outlook for the Next 6 Months

Tuesday, June 25, 2013 posted by Tommi Crow

The real estate market was overheated during the first 6 months of 2013.  Low home inventory, record low interest rates and the lack of new construction were to blame for the unsustainable, rapid price increases and multiple bidding wars for properties. 

5 Reasons we do not feel the hyper-inflated housing market will, or should, continue. 

  1. Rising Interest Rates – Interest have risen sharply in the past few weeks and the trend continues up.  Current rates will slow the number of homebuyers and speculators that are coming into the market during the next 6 months.
  2. Marginal buyers have been priced out of the market due to bidding wars, rapid price increases and higher borrowing costs.
  3. Wall Street and large investment groups are curtailing their buying.  One-third of all homes purchased this year were Cash sales.  This translates to heavy investor buying, which will slow down going forward in 2013.
  4. Shocking run up in home prices are not sustainable.  In May, home prices were up 12.1% on average.  This brings home price levels to a 5 year high.  Pricing is now at a point that many of the short term gains have been realized, and the market will fall back to more normal levels.
  5. Realtors and builders report that inquiries and calls from new customers is down 11%, so far for June. 

Summary:  We feel that the housing market was under valued at the start of 2013, but a frenzied market chewed through much of the low hanging fruit.  With rising interest rates, and increasing inventory levels, we see a move to more sustainable and healthy growth moving forward.   It is still an excellent time to buy or sell.   Inventory levels will increase, but they will remain on the low side throughout the year.  Interest Rates are still at historic lows and price increases, although impressive, leave the average home price far below levels seen in 2006 and 2007.    

Thank you for visiting InfoTube.net

6 Reasons 2013 is a Home Sellers Market

Wednesday, January 23, 2013 posted by Tommi Crow

Prices for existing homes rose another 7.7% in the month of December.  For our customers who have been patiently waiting for the market to favor sellers, instead of buyers…the tables have finally turned. 

Why is the housing inventory so low in 2013?

The Wall Street Journal writes a good article on this, pointing to six reasons:

1. Many homeowners are underwater, and thus can’t sell.
2. Homeowners with equity in their home don’t have enough of it to “trade up” to buy a bigger and more expensive  home.
3. Everyone wants to buy at the bottom, but few want to sell when they feel their home will be worth more next year.
4. Investors – from mom and pop and corporate investors have come out and become landlords, taking property that normally would be on the market into the rental realm.
5. With the foreclosure fiasco, banks have been slower at foreclosing homes.
6. There’s been a lot less construction of new homes by home builders.

What does this mean for home sellers?

1.   Advertising your property on the MLS and Realtor.com has never been more crucial to reach qualified home buyers.  Realtors and homebuyers are searching for new listings, daily, because there is nothing on the market that fits their needs.  If your home does not appear in these real estate search engines, chances are that no one will ever know your home is for sale and you will miss your window of opportunity.

2.   Holding an Open House on the weekend is a great way to get people who see your listing online  into your home for an actual showing.

3.  Place a FREE listing on InfoTube.net.  InfoTube is visited by thousands of people daily who are looking for “by owner” property.

4.  The homes that are flying off the market are the properties in the best condition, location and they are priced right, ready to sell.  Homebuyers will not look at a house that is overpriced, hoping to negotiate back and forth.  They are buying homes that are reasonable to purchase and are ready to move into.

5.  Keep your InfoTubes and InfoBoxes full of flyers.  We receive calls from buyers everyday who want more information, but the container is empty.  Be sure to keep a back stock of brochures on hand in time of high traffic.

Home sellers should act quickly to take advantage of the present market conditions because they will not last.   Home inventory levels will increase as home builders react and start more new homes.  Banks will quickly work there way through millions of foreclosures that are still sitting in limbo.    And, home buyers are snapping up houses right now to lock in low interest rates and low home prices.   If you want to sell your home for the most money, in the least amount of time, you should act aggressively.  Time is of the essence.

Thank you for visiting InfoTube.net.   Post a free property listing on our website.  Search for thousands of homes for sale seen no where else.  Buy an InfoTube or InfoBox to market your property..nothing beats providing a brochure about your home, instantly to a prospective buyer.   Put your property information in front of millions of internet home shoppers and real estate agents with our low cost MLS and Realtor.com listing packages.   Whatever you need to sell your home….we have you covered since 1988.

2013 Marks Rebound in Housing Market

Monday, January 14, 2013 posted by Tommi Crow

    InfoTube is bullish on housing in 2013 and here are a few reasons why.

Home prices rose 7.5% last year, largest increase in six years.  Total number of  homes sold increased 6% last year, to 4.2 million, marking the first increase since 2005.  The same forces that helped propel prices last year will be in play this year, including improved housing demand fueled by good affordability, fewer foreclosed homes for sale and a low inventory of unsold homes.

Trends that will Boost Home Prices Again in 2013

  • The Fed feeds housing rebound in 2013.  Interest rates for mortgages are at historical lows, making monthly payments affordable than renting for millions of families. 
  • The rate of new foreclosures has fallen to normal, pre-bust levels. 
  • Banks have cleared a lot of bad debt off the books and rising home prices will loosen up their purse strings.  Expect loans to be easier to come by in 2013.
  • Stronger job growth will drive more housing demand as people living with friends and relatives move into their own homes.
  • Increasing rents and lack of desireable rental inventory will push many tenants out the door and into a home of their own.
  • Investors are snapping up distressed property, rehabbing and flipping it.  This means higher average home sales prices and fewer homes vacant or in disrepair.
  • Rising home prices will increase borrower equity in their homes.  This means that few people will be interested in walking away…or requesting a short sale.
  • The Fiscal Cliff settlement left housing tax benefits in tact.  Mortgage interest deduction, property taxes deductions, depreciation schedules and one time tax free home sales were left in tact, making real estate one of the few remaining tax havens for the average working American.
  • Rising home prices will allow more sellers to list their homes and sell near the asking price.
  • The supply of homes for sale fell to 4.8 months in November, the National Association of Realtors says.  That’s the lowest level in more than seven years.  Realtors consider a six-month supply to be a balanced market between buyers and sellers.
  • Market researcher, Corelogic, calculates that home prices will increase 6 percent in 2013.
  • According to a December survey of 105 real estate experts and economists by real estate company Zillow, home prices will rise 3.1% in 2013. 

All the evidence stacks up to make a good year for real estate in 2013, whether buying or selling.  If you have been waiting for the market to improve to sell your home, the time is now.  If you have always wanted to own a home of your own…the odds are stacked in your favor, too.  

Thank you for visiting InfoTube.net.  Place a Free Property listing, advertise your home on the MLS or Realtor.com, follow InfoTubes very popular Facebook page for up to the minute news and home improvement idea’s that you won’t see anywhere else.

Buyer Beware! DEA List of Known Meth Houses

Tuesday, October 2, 2012 posted by Tommi Crow

 

Meth House Nightmares –  Buyer BEWARE!!!

This post will hopefully educate you on some of the risks involved when purchasing a property that may have been used as a meth lab.   Single family homes are frequently used as a place where methamphetamine is manufactured.  

The dangers that go along with meth houses include exposure to cancer causing chemicals that can saturate walls, carpets and other building materials as well as all contents. Lead and mercury are common byproducts. Chemicals, such as solvents, may be disposed of in plumbing or simple poured on the ground. If not removed properly these can cause various health problems.

Meth Labs ~ Tell tale signs to look for…

• Yellow discoloration on walls, drains, sinks and showers

• Blue discoloration on valves of propane tanks and fire extinguishers

• Fire detectors that are removed or taped off

• Experiencing physical symptoms while inside the house, such as burning in your eyes or throat, itching, a metallic taste in your mouth and breathing problems

• Unusual strong odors that smell like materials from a garage, such as solvent and paint thinner, cat urine or ammonia

• The use of security cameras and surveillance equipment

When you enter a property take a deep breath.  A cat urine smell is often associated with meth. Other odors to be aware of are ammonia, vanilla, solvents or metallic smells.  These are warning signs.

Meth users sometimes become obsessive about objects.  They may dismantle things like remote controls, watches or electronic devices.  The objects can sometimes be found in a pile dismantled down to the smallest part.

Large amounts of household products are a tip off.  Common products are used to manufacture meth that can found in an average home, except in a meth lab large quantities of common items may be in odd places.  If you see multiple packages of lye, Heet, Coleman fuel, peroxide, pseudo-ephedrine or coffee filters in odd places, like stored in a bathroom, closet or kitchen, this is an indication that it may be wise to forget any involvement in the property.  The occupant may be a warehouse club shopper with no sense of organization, but he/she may not be.

Propane bottles, or fire extinguishers, that have been altered, or have a blue stain on the connector, may indicate that anhydrous ammonia has been stored in the container. Anhydrous ammonia can be explosive in the right circumstances. It reacts with the metal leaving the connector corroded.

Iodine may be used in meth manufacturing.  Iodine is a substance that goes from solid to gas state without becoming liquid. It sticks to everything and spreads on contact. Iodine stains walls and everything else. The stain may be red or yellow. It may be very noticeable if a photo, or other wall hanging is moved, revealing the contrast between stained and unstained.

Meth labs may be hidden behind false walls or other building alterations.  Alterations that make no sense should be suspect, such as: exhaust fans mounted where they have no logical use; bootlegged power supply; rooms that are unexplainably small.

Another thing all home buyers and Realtors should do before writing a contract on a home to purchase…is to check out the DEA Meth Laboratory Registry to see if the home has ever been used to manufacture drugs in the past.  The DEA link is http://www.justice.gov/dea/clan-lab/clan-lab.shtml .  Click on the state and scroll to the county where the property is located BEFORE you buy.

Thank you for visiting InfoTube.net.  Remember that you can’t always spot a meth house.  They are often nice homes located in nice area’s.  Check before you buy to avoid a nightmare that you may never recover from.

Proof the Real Estate Market Has Turned Around

Wednesday, September 12, 2012 posted by Tommi Crow

The cover story for the September 10th weekly magazine Barron’s is on the recent surge in real estate and how the rise in property prices is no fluke.  We agree with the many experts and professionals that believe the recovery is real…and that is will continue in the foreseeable future. 

First take a look at the chart below.  You can see that housing starts (crucial to rebuilding our economy) bottomed in 2009 and have been trading in a healthy base pattern for 2 years.  In February of 2011, we finally started moving up off the bottom and the trend is continuing.

We all know that real estate can not thrive in an environment where lenders will not lend money.  Tracking real estate loans is a good indicator for the future direction of housing.  As you can see in the chart below, there has been a dramatic increase in lending, which has pushed the housing market higher over the past year.  We believe this trend will continue and will improve as lenders work there way past non-performing assets and bad loans liablities.

Finally, we show a chart of home prices since 1991.  The chart shows that home prices are certainly on a sustainable upward trend, since the 2006 crash.

 

In conclusion, we believe conclusive evidence shows that there is immediate long-term opportunities for homebuyers and investors in the housing market.  InfoTube is BULLISH on housing and the stocks of home builders, some REIT’s and home improvement giants like Home Depot and Lowes Hardware.

Thank you for visiting InfoTube.net.  We are Made in the USA manufacturers of the InfoTube and InfoBox real estate marketing tools.  If you have a home to sell…you need this product.  Exposure is everything in this market!!!  Show and Sell! 

Thanks to Barrons and Seeking Alpha for giving us facts and charts for this story.

New Rules for Comparable Sales and Apprasial Info

Wednesday, August 29, 2012 posted by Tommi Crow

The real estate meltdown has changed many things about the way we think about real estate and property values.  

Recently, we watched 3 home sales close in the same neighborhood.  Typically, the price per square foot and price range for all 3 homes would be similar…given that the ranch style homes were of similar age, size and were located in the same small neighoborhood.    What we learned today was that the 3 homes sold in a range from $200,000-$400,000…or from $100-$200 a square foot.  

The vast difference in the prices tells us a story about why comps (or comparable sales data) is not the indicator of true value that is has been in the past.   Today, we have essentially 3 housing markets, thus 3 price ranges in every neighborhood. 

    First, we have the bank owned home that sold for $200,000.   This is the home that no one cares about.  The lawn is 2 foot tall…the air conditioner has been pilfered through for copper and spare parts, the appliances have been stolen and the home has been abandoned.     This property was purchased by a rehab company, who will put a lot of money into its restoration, then resell it for a profit, at an estimated $400,000.

   Second, is the home that sold for $300,000, but, far short of the loan balance owed against it.  This house was always lived in and had never been vandalized, but all maintenance had been deferred and no updating had taken place in years.  The seller knew they were losing the home and had no money available to properly maintain the residence.    This home was sold to a young couple who didn’t mind doing some cosmetic work in order to save money. 

The third home located right around the corner from the other two closed for $400,000.  This home was meticulously maintained.  The interior and exterior had been upgraded with high end finishes and colors.   The home was move in ready.     The only thing this move up buyer had to do was unpack their personal belongings and enjoy themselves. 

As these 3 properties illustrate, we have 3 different real estate markets developing across the USA.    Typically, homes in the same neighborhood were very similiar to one another, so sales data was easy to compare.  Today, there may be 3 distinct markets in every neighborhood, so beaware that price ranges can vary greatly.  

If you are attempting to value property today, you must look at the category your home is in…ranging from bank owned/abandoned to high end/move in condition to determine the average price per square foot in your neighborhood.   Eventually, all this upheavel will work itself out… and houses in a neighborhood will once again be more similiar than different…but until then, make sure that you compare apples to apples when buying or selling

Thank you for visiting InfoTube.net.  Visit our website to place a FREE home listing, view great deals on all types of property, place an MLS listing or feature your property on Realtor.com.

Is Your Property the Pinball Listing??

Thursday, August 23, 2012 posted by Tommi Crow

   What is a Pinball Listing?

A pinball listing is a house that is listed for an unrealistic asking price.  It pulls in a lot of showings by agents and home shoppers, but receives no offers.  Real estate agents, including the listing agent for the home, use the overpriced house as a negative example to sell similar homes that are listed for lower prices.

Any pinball listing is basically a set up.  Listing agents show clients these homes to make realistically price homes look like fantastic deals, which is why the traffic for pinballs is high…but no sale will ever take place until the price is drastically reduced. 

What Happens to the Pinball Listed Home?   Unless it is being used by Realtors as a set up…they stop showing it until the seller agrees to reprice it at a realistic number.

Is it Ethical for a Broker to Accept a Pinball Listing?   NO!  It is not ethical to list a property at a price that an agents knows it will not sell.  If they do, they are intentionally misleading the seller.  Do agents list unrealistically priced houses to use as a set up, anyway?  YES, all day long.

How to Protect Yourself?  Interview several real estate agents before signing any listing agreement.  Get as much information as you can about CLOSED sales prices of comparable homes in your neighborhood.   If you are inclined, you can always push a little on the listing price, but if you get greedy, or try to go overboard…you may unknowingly become the set up, pinball, out of touch with the competition listing…that everyone loves to visit, but no one will buy.

Thank you for visiting InfoTube.net.  Visit our site to place a FREE property listing, search for great deals, MLS and Realtor.com flat fee listing packages, InfoTubes, InfoBoxes and More.

                If you think that the world will not end in your lifetime, then this condominium project is probably not for you.   But, it is definitely an interesting project, nonetheless.

A score of billionaires have recently caused a run on condo units at the Survival Condominiums project based in Kansas.  The facility is built deep underground in an old, 1960′s nuclear missile silo, and is said to be self-sustaining in the event of a nuclear attack. 

A few of the Doomsday ammenities include:

This project offers is much more than just a “Survival Condo Unit”.   This “Package” includes mandatory training, a five-year per person food supply, fully furnished and custom designed interior, special equipment for registered members, computer access to condo systems, and much more. Only a portion of the total fee is for the actual Survival Condo Unit. 

Each Full-Floor $2 Million Dollar Unit Includes these Key Features:

  • Approx. 1820 sq. ft. of Living Space (accommodates 6 to 10 people)
  • High-end floor and trim packages of your choosing.
  • 3 Bedrooms, 2 Bathrooms, Kitchen, Dining room, and Great Room.
  • LED Big Screen TV in every unit.
  • State-of-the-art Kitchen: Stainless steel kitchen appliances include refrigerator, dishwasher, dual-fuel (electric & propane) professional range, wall oven, professional ventilation hood, wine cooler or beverage center. Granite or custom concrete countertops.
  • State-of-the-art energy efficient washer and dryer in each unit.
  • Built in recessed full spectrum LED lighting.
  • Kohler bath fixtures and jetted Jacuzzi tub in each master bath.
  • Digital HVAC controls.
  • State-of-the-Art Home Automation System with structured wiring throughout including closed circuit security system camera viewing, public address/intercom system, digital weather station access, smoke and carbon monoxide detectors, satellite TV feeds, public and private Internet access.                             
  • Outdoor “simulated view” window in each unit. Window simulates “Life-Like” outdoor views complete with varying light levels that reflect time of day, creating a normal living experience as if you were above ground.
  • Biometric Key locks (you won’t need to worry about losing a key).
  • Elevator and Stairwell Accessibility to all Units.
  • The $1 million units offer the same ammenity with the half the square footage and serve 3-4 people.

    The infrastructure also offers features and ammenities to shield owners from armageddon.  

  • The Missile Silo is capped by a type of monolithic dome known as a Torus. This dome is capable of withstanding winds in excess of 500 MPH, well beyond the winds of the most powerful F-5 Tornodos which produce winds up to 300 MPH.
  • The air supply for the entire facility is filtered by Nuclear, Biological, and Chemical (NBC) filters and the physical air intakes are protected by what are known as blast valves. Blast valves function to prevent an overpressure air wave created by a nearby explosion from entering the facility and killing those inside.
  • The facility has a military grade security system that includes visible spectrum cameras, infrared cameras, proximity sensors, microphones, trip sensors, passive detectors, as well as confidential defensive systems both automated and manually operated.
  • The facility has two floors of hydroponic gardens that will provide fresh produce as well as an aquaculture system designed to provide fish for food.
  • Additional amenities include a minor medical/surgery center, an indoor pool with waterfall, a workout room, a home theater, a classroom & library, pub & game room, bulk storage, walk-in freezer, elevator, security & communication control center, spare parts, machine shop, high-speed fiber optic network, both online and offline Internet and computer communications.
  • And, finally, there is a full-sized pool featuring a massive wall mural and curved ceiling to enhance the feeling of space and height.  
  • Of course, there will be plenty of guns and ammo, too.  

If you think that this project is just a dream of a crack pot…think, again.  The developer, Larry Hall, reported that every one of the $2 million full-floor units have been sold…and only a few of the $1 million, half floor units are still available.   Doomsday Prophets with an extra $1 million on hand may want to inquire today.  Evidentally, these units are selling like there is no tomorrow :)

Thank you for visiting InfoTube.net.  Visit our website to learn about all the marketing tools we offer to sell your home and save a ton of money.

Nearly 1 in 10 Homebuyers are Foreigners

Tuesday, June 12, 2012 posted by Tommi Crow

   The 6 year slide in U.S.  home prices and the dollar weakness against some currency are driving a property buying binge with Asians, Canadians, Europeans & Latin Americans eager to own a piece of America. 

Plowing money into real estate may sound like a risky venture to many Americans.  But to a growing number of foreigners, U.S.  housing has never seen a smarter investment. 

International buyers accounted for $82.5 billion, or 8.9%, of the $928 billion spent on residential real estate in the 12 month period ended in March, according to a survey released Monday by National Association of Realtors.   (Article by the Wall Street Journal)

How does this news impact your potential home sale and your marketing efforts?  

Simply, if you are not on the Multiple Listing Service (MLS) or Realtor.com, you miss out on 1 of every 10 homebuyers looking for property in your area.   International buyers primarily use these services to locate property and if you’re not listed there…they can’t find you.   

BONUS:   Foreign buyers also pay in CASH .  No Loan Qualifications.  No Apprasials.  No Delays and No Waiting.  CASH NOW!

The cost of listing your home on the MLS or Realtor. com is only a few hundred dollars for a 6 month listing.   The summer selling season is well underway.  Get your house on the MLS and Realtor.com today.  There is no other way to get your property in front of all the homebuyers in the marketplace….and Time is ticking!!!

Thank you for visiting InfoTube.net.  Homes are definitely moving this year.  Don’t miss the season or you may be sitting for a while.  Contact us for help with your MLS listing today.

Curb Appeal is the general attractiveness of a house or other piece of property from the sidewalk. 

Why is Curb Appeal so Important when Selling Your Home?  Curb Appeal is crucial  because it is what motivates a Buyer to look inside.  If the house turns them off at the curb…they won’t get out of the car and come in.  Thus, you have no chance to sell them on the property. 

Take this property for example…nothing about it stands out…nothing about it is welcoming…nothing about it motivates me to want to see more.

There are many things that can increase the curb appeal of a piece of property.   A new paint job, landscaping and siding can go a long way towards accomplishing this.   Though not as easily measured as something like square footage, curb appeal plays an important role in property valuation.  In the case of this home…the seller greatly improved the curb appeal by changing out a boring, unattractive garage door.

In this case…the seller greatly improved the appearance of this home by spraying mold off the roof.

Showings on this home nearly doubled after the seller painted the front door a contrasting color and added seasonal flowers in front flower bed. 
This homeowner did a fantastic job of covering up old ugly brick by adding wood slats..and magically made old dated windows look cool again with some trim paint. 
The real estate market has gotten hot from south Florida to California and all the stops in between.  If you aren’t getting showings, you need to step back and take a close look at the impression your home makes from the street.  Buyers will look inside a home that is slightly overpriced…but they will not consider a home that doesn’t speak to them.
Thank you for visiting InfoTube.net.  Check out our website for great deals on homes, flat fee MLS, Realtor.com listings and outdoor info dispensers.  
If you are replacing your American Flag this Memorial Day…make sure you buy one Made in the USA or don’t buy one at ALL.  Veterans Flags sells only Made in the USA flags.

How to Speed Up a Home Closing

Tuesday, May 8, 2012 posted by Tommi Crow

Some home-sale transactions close quickly, while others can take months. Two significant factors that affect most home sales are inspections of the property and financing the purchase.

Inspections should be done within the first couple of weeks after the offer is ratified, i.e., accepted by both buyer and seller. Usually, the day after ratification is day one of the contingency and closing time periods. This may vary from one location to the next.

When transactions fall apart soon after ratification, the cause is usually something discovered during the buyer’s inspections. It’s a good idea for sellers to get presale inspection reports so that the buyers have as much information about the property as possible before they make an offer.

Most home inspection reports make recommendations to consult other specialists such as a roofer, furnace contractor, drainage specialist or engineer. Few sellers have these additional inspections done. Even if they do, the buyers might want a second opinion.

Inspections are also somewhat subjective. One inspector might say a roof needs to be replaced; another might say it has a few years of life left as long as it is properly maintained. Transactions fall apart because the buyer and seller can’t come to an agreement on inspections, which means the sale doesn’t close, the house goes back on the market and the buyers renew their home search.

If the inspection issues are worked out satisfactorily, the next major hurdle that could delay your sale, or crater it, is the loan contingency. Cash buyers bypass this rigorous process; however, they do need to provide the sellers with evidence that they have sufficient liquid funds to close the sale.

All-cash deals can close whenever the buyers and sellers agree, after all inspection issues are resolved. Closing can occur in a week or two. Some all-cash buyers include an appraisal contingency in their contract to confirm that they’re not paying over market value.

In this case, it would take longer to close because an appraiser would need to visit the property and work up an appraisal report. If the property didn’t appraise for the purchase price, the buyer might be able to back out and have the deposit returned.

Both buyer and seller would start all over again. However, if they negotiated a resolution, the sale could close quickly and would take far less time than it does to close a sale involving a mortgage.

HOUSE HUNTING TIP: Purchase contracts include contingencies and time periods for them to be met. To avoid having to ask for extensions, make sure that the time periods you request are reasonable. An extension might not be granted if the seller has a backup offer for a higher price.

Buyers should get preapproved for the financing they need to close a home sale before their offer is accepted. This way, they are assured of what they can afford to pay. Preapproval can cut a few days off the loan approval process.

Loan approval can go relatively quickly if you present all required documentation promptly and your financial situation is not complicated. It can be more time consuming for buyers who are self-employed or are using other than W-2 income to qualify.

Part of loan approval involves an appraisal on the property by a licensed appraiser. This can slow the process down depending on the lender, how backlogged they are and the loan amount. A large loan amount can prompt the need for two appraisals, which adds more time to the approval process.

THE CLOSING: If you’re buying in an area where homes are selling quickly, it may take 35 to 45 days from contract acceptance for final loan approval and closing.

Dian Hymer, a real estate broker with more than 30 years’ experience, is a nationally syndicated real estate columnist and author of “House Hunting: The Take-Along Workbook for Home Buyers” and “Starting Out, The Complete Home Buyer’s Guide.”

Rising Rents Push Homebuyers Into the Market

Tuesday, April 10, 2012 posted by Tommi Crow

Sharply rising rents are pushing buyers into the real estate market this spring. 

Rising Rents Push Fence Sitting Homebuyers

Take a minute to watch this short video from the Wall Street Journal.   From now on…fence sitting will cost you!!

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Home Buyers Move Back to Basics

Thursday, February 23, 2012 posted by Tommi Crow

                                                    Home Sellers take note:

When it comes down to chosing a home, buyers are going back to the basics.  Today’s buyers consider new or updated kitchens and bathrooms, and a flexible, open floor plan as the most important features they are looking for in a home.

A recent survey of hundreds of real estate agents reveal what features appeal to the broadest cross sections of buyers in the marketplace.

  • 33% of those surveyed said that a new or updated kitchen is the most important feature they are looking for.
  • 14% of purchasers said that an open floorplan is a must have. 
  • 12% are looking for homes with new or updated bathrooms.
  • Only 1% of buyers feel that entertainment rooms or finished basements are important home features.

Thank you for visiting InfoTube.net.  When you advertise, photograph and show your home, don’t forget to emphasize the “hot buttons” area’s that buyers are telling you they are looking for.