Tuesday, August 13, 2019 / by Paul Wolfert
Are you a homeowner that’s looking to buy a new property but feel stuck because you have to sell the one you’re in first? If you’re in a position where you need to buy and sell at the same time, I’m going to show you exactly how to do it—and it’s easier than you think. In this video, I’ll let you in on 2 secret strategies to find the best deal before someone else does, all while avoiding scary situations that could leave you homeless. Because careful planning and precision timing here are key, and I’m also going to give you a 7-step checklist that will help you transition from your current home into a brand-new property.
Step 1: What Do You Qualify For?
Before you dive into selling your home while you’re trying to buy, be sure to get in touch with your mortgage lender to see if you actually need to sell in order to obtain financing. If you’re able to qualify to purchase a new home without sellin; ...
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Thursday, February 22, 2018 / by Paul Wolfert
By: Paul Wolfert - "The Move-Up Expert"
Many older homes have lower values when they go up for sale because they have outdated materials and a design that is no longer contemporary.
Fortunately, there are many different ways to boost the resale value of any property and attract buyers. If you want to improve the quality and the appeal of your house, here are a few tips to follow.
Allow for More Light
Dim and dark interior settings can feel depressing and can reduce the value of older homes. Allow more light in by installing a skylight or a sun tube, which will use less energy and will create a well-lit environment. Sun tubes are popular options because they're affordable to install and can be used in smaller areas of the building.
You can also install sheer curtains on the window and remove blackout curtains to prevent natural light from being blocked during the day.
Install New Cabinetry
The cabinets are one of the most important features throughout the home an. ...
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Monday, June 5, 2017 / by Paul Wolfert
By: Paul Wolfert - "The Move-Up Expert"
From time to time it can be fun to scour the latest “Top Ten” lists of cost-conscious ways to increase the value of your Michigan home.
Some make more sense than others. Upgrading bathroom vanity cabinets appears on some of the house value lists, for instance—but those lists were probably whipped together in a hurry since the return on investment is admitted to be 66%. When an investment returns two-thirds of its cost, it’s hardly competitive. For Michigan homeowners preparing to sell, vanity cabinets don’t belong on the action list.
The best idea lists are the ones which show ROI: the return on investment. Here’s a new compilation, offered purely as food for thought (since the “return” number for any individual case can’t actually be verified)—
Yard improvement, AKA Landscaping. Return on investment registers at a hefty 303% according to the NAR® (and even 400%, per This O ...
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Wednesday, March 29, 2017 / by Paul Wolfert
By: Paul Wolfert
Michigan home sales do usually respond in the same seasonal pattern that’s common in most other areas.
Spring and summer lead the way for weather-related, financial, school scheduling and other family-related reasons. From now into well past July (and sometimes even August), home sales activity here in Michigan and beyond can be counted on to peak.
Those are the normal expectations.
But when any segment of U.S. house sales numbers quadruple expectations even before spring bulbs see daylight, that’s worthy of special attention.
That was the case last Thursday when the Commerce Department reported that in February, purchases of newly built homes rose by more than 6%. Since The Wall Street Journal’s panel of experts had forecast 1.4%, it drew headlines.
In fact, this was the second month in a row for sharp rises in U.S. new home sales—and what could be a bright sign for Michigan’s own prospects as the spring selling2 ...
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Friday, March 24, 2017 / by Paul Wolfert
By: Paul Wolfert
The attachment we build to the places we live in is an easy-to-understand human emotion.
Almost everyone who has ever moved away from or sold a family home has experienced a sense of loss that can be overwhelming.
Those places are jam-packed with memories. Good, and bad.
But that’s only one of the emotional connections that come into play where real estate is involved.
Even though we tend to think of such important decisions as buying and selling Michigan real estate in more hard-headed terms, a host of complicated human factors can play an important role.
One of them is becoming more prominent—and is likely to grow more so as we move into Michigan’s peak spring and summer real estate selling season...the hard-to-pin-down factor of general well-being: the fuzzy—but real—sense of optimism or pessimism that’s shared by just about everyone.
It’s undeniable that when people feel good about the way things are ...
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