Quad Cities Real Estate Blog
We often speak about the importance of cleaning before showing a home to be sold. While it isn’t the most glamorous of tasks, and while it can sometimes feel frustrating to spend effort tidying up a space that you are preparing to leave, a clean home is increasingly important to the selling process.
COVID-19 seems like it’s not going anywhere anytime soon, so we think it’s a good idea to go over some important considerations about how to manage public safety while working on selling a home. These concepts are not entirely new to this blog, but it is worthwhile to revisit and make ourselves familiar once more with practices that can greatly reduce the possibility for contracting or spreading the deadly illness.
The Quad Cities are truly a unique place within the country. Once a hub of manufacturing and industry, these cities straddle two states as well as the largest river in America, the Mississippi. To say that there is beauty here is a vast understatement. To say that there is culture, history, and heritage are all similarly impoverished sentiments.
We live in a time without modern precedent. The rise and proliferation of the coronavirus disrupted most of our lives, and the bungled and confused response from the government has left us in a state of perpetual uncertainty. What is safe? Who can we see? How do we live our lives in a manner that is both fulfilling while also not placing ourselves and our communities at risk?
As promised, we’re moving forward today with our series on what exactly closing on a home means, and how to best prepare. In today’s post, we are going to look at some specific pieces of closing and how to complete them.
Today marks the beginning of an exciting adventure! Throughout the next numerous posts, we are going to be exploring the various details relating to closing on a house. While you might only be in the beginning stages of homebuying, having a clear idea of the road ahead is useful when it comes to preparing – especially when this preparation concerns your budget.
Making an offer is sort of like hurling a stone into a void and waiting to hear if it makes a splash. While different areas certainly afford different perspectives on just what the market will do, a fairly consistent trend within the country over the past decade has been that sellers are in the driver’s seat as far as negotiations are concerned. This means that the real estate market has seen more and more instances where a home is selling above its listed price, sometimes by tens of thousands of dollars.
When buying a home, one of the primary things a person needs to consider is debt. Because of the economic system in which we live, debt will in all likelihood play a large role in your life, if it doesn’t already. Having some idea on how much debt you possess now will greatly aid you when it comes to your home buying prospects, even if the conversation is not exactly fun.
We talk about money on this blog a lot. Truth be told, we probably don’t talk about it enough. There are very few, if any, financial decisions made by most people to rival that of buying their first home. If you’re a working class person, buying a home can result in a lot of anxiety due to financial concerns and uncertainties. Even if you’re fully employed and doing fine today, the world has proven all too clearly that the situation could change overnight. For this reason, only a small handful of people have the luxury of being able to buy a home without incurring worrisome debt.
The question of money and finances that surround buying a home is a challenging one. Specifically, how much money do I need? There is, of course, the money required to buy the home itself, but even here it gets complicated. The list price, after all, is not a hard number. Depending on the market conditions, the cover letter, the mood of the seller, the aggressiveness of the purchaser this number can rise up or down.