Wilson Wolfe Real Estate



Posted by Wilson Wolfe Real Estate on 7/15/2018

In some instances, it may be beneficial to reject an offer to purchase your home. Because if a homebuying proposal fails to meet your expectations, you may want to wait for another offer to come your way.

Reviewing a homebuying proposal and determining whether to reject this offer can be tricky. But we're here to help you evaluate an offer to purchase so you can decide the best course of action and feel confident about your choice.

Now, let's take a look at three tips to help you assess an offer to purchase and determine whether to decline.

1. Review the Local Housing Market

The housing market in your city or town is a major factor in the property selling journey. If you're selling your residence in a buyer's market, you likely face steep competition to sell your house and maximize its value. Comparatively, if you're operating in a seller's market, there may be an abundance of buyers and a shortage of sellers in place.

Take a look at the prices of recently sold residences and how long these properties were listed before they sold. You may want to consider the prices of currently available houses in your area that are similar to your residence too. With this housing market data in hand, you can differentiate a buyer's market from a seller's one and take a data-driven approach to decide how to proceed with an offer to purchase.

2. Weigh Your Home's Strengths and Weaknesses

You believe your home is great, but you also realize that your residence is far from perfect. As such, it often helps to weigh your residence's strengths and weaknesses relative to an offer to purchase and proceed accordingly.

For example, if a homebuyer submits a competitive offer to purchase your home in spite of its exterior damage, you may want to accept this proposal. On the other hand, if a buyer submits a "lowball" offer on your recently upgraded house, you may want to decline this proposal.

3. Consult with a Real Estate Agent

If you're unsure about whether to reject an offer to purchase, there is no need to worry. You can always hire a real estate agent, and this housing market professional can provide comprehensive support throughout the property selling journey.

A real estate agent is ready to help you in any way possible. If you need help listing your residence and promoting it to prospective buyers, a real estate agent can assist you. Or, if you want to find innovative ways to enhance your residence's curb appeal, a real estate agent can provide home exterior upgrade recommendations.

Of course, a real estate agent will work with you to review any offer to purchase your house. You and your real estate agent together can discuss the pros and cons of a homebuying proposal and make a decision that corresponds to your house selling goals.

Take the guesswork out of reviewing an offer to purchase Ė use the aforementioned tips, and you can decide whether rejecting a homebuying proposal is the best option.





Posted by Wilson Wolfe Real Estate on 7/8/2018

Whether we like it or not one of the rooms in our home we spend the most time in is the bathroom. And, perhaps in part of the mindfulness movement, people are catching on and turning their bathrooms into a relaxing sanctuary. A room that was once at the bottom of the renovation list has quickly found itself climbing the ranks.

Looking at the overall trends one theme has certainly emerged: A spa-like bathroom.

And why not?

Take the time to slow down and pamper yourself in a luxurious new bathroom to unwind after a particularly long day. Or just to treat yourself, because hey you deserve it!

So where to start?  

Anyone can create a spa-like atmosphere with these five details (which can each be done for around or under $100 by the way).

Cedarwood bath mats have quickly become popular. They are certainly more appealing than the matching sets of fluffy carpets complete with that one that wraps around the toilet. They add a touch of Norwegian style aka hygge. But theyíre also functional in that each time they become wet they emit their wonderful cedar smell throughout the room. For those worried about how it holds up to moisture over time, cedar is known for its resistance to mold and mildew and is. Which is exactly why cedar chests were/are so popular!  

Another popular way to bring in aromatic elements of nature is via dried eucalyptus and lavender bunches. More than just beautiful to look at when in a steamy room they fill the room with their calming scent. If you donít have a vendor at your local farmerís market offering these as bunches shops like West Elm, Williams-Sonoma and Etsy will all deliver them right to your door.

An element that makes a spa so peaceful that not everyone might think to add to their own bathrooms is spa music. Give your vocal chords a break from shower karaoke and instead look for spa or meditation-themed music on apps like Spotify and Pandora. It will change the entire atmosphere of the room.

A heated towel bar seems super luxe and it is! But that doesnít make it unattainable or completely out of the budget. Chic, stylish electric models can be found for around just $100. Treat yourself to the gift of warm cozy towels after every bathing experience.  

Speaking of towels keep luxe towels on hand and easily within reach. Rolling them up to put on display on a shelf doesnít just add a more spa-like element to your home, itís also just really convenient! Just fold towels in thirds length-wise aka the long way and then roll them up. Itís easy, classy and looks like you put in way more effort than you did.





Posted by Wilson Wolfe Real Estate on 7/1/2018

Thereís few things in life that are more exciting than closing on your first house. All of the money that you saved and the paperwork that you have filled out has finally come together so that you can now say youíre a proud homeowner. 


Before you start planning your housewarming party, thereís a few things that you need to do with your new home and its contents.


Copy The Closing Paperwork


Undoubtedly, there were dozens of pieces of paper that were handed to you during the closing on your new home. You should have an extra copy of everything that was signed. While the local registrar of deeds probably has a copy of everything filed there as well, itís always a good idea to have extra copies of these papers.


Lock The Doors With New Keys


Youíll need to change the locks when you move into a new home as soon as possible. Many different people had the keys to the home while it was still on the market. Also, before the home was even put up for sale, family members could have passed sets of keys amongst family and friends. The lock category also includes securing sliding doors, electrical boxes, and windows accordingly. 


Put Your Name On It


Youíll need to place your name on a variety of things including your mailbox, the trashcans, the buzzer, and anything else that is property of you and your new home. If it wonít pose a privacy issue for you, itís better to claim whatís rightfully yours early on to ease confusion. 



Put Up Curtains Or Cover The Windows


Thereís probably 1,000 other things that you would rather do when you move into a new home than put up some curtains. Yet, this is so important to your privacy. Without curtains or window treatments, all of your home and its contents are exposed for the outside world to see. Until you have a chance to settle in, you can even use boxes or towels to cover the windows. This is used initially for a security measure to deter thieves and nosy neighbors.


Meet The New Neighbors


ItĎs a good idea to know who is living around you. For one, youíll be aware of any suspicious activity thatís happening in case you see strange people hanging around the area. Itís good to know who you live next to and what you might have in common with them. At the very least, youíll have a new friend. They might even water your plants while youíre away on your next vacation. 


Donít forget to change your addresses as well. Thatís always one of the biggest hassles about moving. Take the right measures for safety and comfort when you move into your new home for a smooth transition




Categories: Uncategorized  


Posted by Wilson Wolfe Real Estate on 6/24/2018

What Is The Disclosure Statement?


Disclosure statements are used in many of lifeís situations. This is the place where the buyer is able to learn about the ins and outs of the property that they are about the buy. Examples of items that would be on a sellerís disclosure are:


  • Water in the basement
  • Updates made to the home
  • Known pests
  • Paranormal activity
  • Death on the property
  • Past fires
  • Nearby major construction projects
  • Title 5 sewerage issues 


Disclosures Serves As Protections


The disclosure statement serves as a protection for both the buyer and the seller. From a buyerís perspective, through this information, they are able to understand a bit more about the property that they are potentially buying. 


On the sellerís side of things, the disclosure statement serves a s legal protection of sorts. The seller is obliged to reveal anything about the property that could potentially affect the value or affect the living conditions.


How Does The Seller Make The Disclosure


Each state and even each city within a state varies in the way a disclosure is conducted.  The statement can be composed of dozens of documents that need to be signed by the seller. Other states have disclosure document forms that consist of a series of yes or no questions about the home. Sellers may also be required o present communications between neighbors, owners, and agents. In some states, the disclosure statement is valid for up to 10 years, allowing buyers to collect damages if something wasnít properly presented on the statement.  


How Do Sellers Know What To Disclose?


The basic rule of thumb is that if you know something about your property, you should disclose it. If you try to hide something, it could come back to meet you in the form of a lawsuit, even years later. Many states have legal requirements as to what should be revealed on these documents.  


Whatís Disclosed To Buyers?


The disclosure doesnít have to be all bad. This document is also an opportunity for sellers to present any of the improvements that they have made to the home. Make sure that you include all of the upgrades, renovations, and improvements that you have made to the home that youíre selling. This can help to impress buyers as to how well you have taken care of the property.


Itís easy as the buyer to check some of these improvements as you can find out if the work was done with or without permits by checking with the cityís zoning reports. Work that was done without a permit may have not been completed according to code. This could pose some serious health and safety risks to you and your family. 


Problems that youíll want to disclose as a seller include pest problems, property line disputes, disturbances in the neighborhood, liens on the property, and appliance malfunctions. 


Remember that the disclosure doesnít substitute the buyerís right to a professional inspection of the property. Itís important for buyers to know as much about a property as they can in order to be sure theyíre making a good investment.





Posted by Wilson Wolfe Real Estate on 6/17/2018

When many homeowners set out to declutter their home, they arenít quite sure of what theyíre getting into. Decluttering is a big job that requires some planning and an understanding of your end goals.

Some homeowners are setting out to declutter their home because theyíre moving in the near future and want to simplify their move or make their home more appealing to potential buyers. Others have just noticed the junk piling up in their drawers and on their countertops and are fed up.

Regardless of your situation, if you want to declutter youíve come to the right place.

In todayís post, weíre going to talk about one of the best ways to set out on your mission of decluttering your home.

Why room by room?

Decluttering a home can take a lot of time and can be demotivating if you arenít seeing a lot of progress. One way to break this process down into more manageable pieces is to declutter your home one room at a time.

This method also helps you manage the time you plan on spending decluttering. If your goal is to declutter one room per week until you move, then make sure you have 4 or 5 weeks to complete your cleaning and decluttering.

Bathroom

Weíll start with one of the smaller and easier rooms in your home, the bathroom. A good way to start is by going through your closet and cabinet and getting rid of old supplies and medicines.

Have a first aid kit that you havenít touched in five years? Thereís a good chance most things in it are expired anyway.

Once youíre done throwing out expired items, see if you can reorganize whatís left. A good way to take advantage of the space in a small bathroom is to use door hangers on the inside of your bathroom closet for hanging brooms, dustpans, mops, etc.

Does your bathroom also have messy stacks of assorted towels? One good solution is to roll up your hand towels and store them vertically in a basket that will be kept in your closet. This prevents your stacks of towels from tumbling over, never to be straightened again.

Kitchen

Itís amazing how kitchen utensils and appliances can add up over the years. Do you have a garlic clove grinder thatís been sitting in your drawer for years? Chances are you can toss it out.

Once youíve made some space in your kitchen drawers and cabinets, bring some order to whatís left by using compartments and stackable organizers. This will help keep you on track by giving each item in your kitchen a ďhome.Ē

Bedrooms

You probably already guessed it, but the most disorganized area in most bedrooms is the closet. A good rule of thumb when cleaning out clothes is to ask yourself if youíve worn the item since this time last year. If not, thereís a good chance you can safely donate it to a thrift store.

Have a tendency of throwing dirty clothes in piles on the floor? Make things easier on yourself by keeping a clothing bin nearby that you can toss all of your dirty clothes into and worry about sorting them later.







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