Happy Thanksgiving 2014

Happy Thanksgiving 2014!

Holiday Card 2 Happy Thanksgiving 2014

Enjoy our annual Happy Thanksgiving greeting card!

From all of us at HouseHunt, may your home be the setting of many joyous new memories today.

 

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How to Compromise the Right Way

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Compromises are a perfectly normal part of any major transaction – 67% of home buyers had to make at least one significant sacrifice in their purchase for the sake of something more important. The trick is how to compromise without giving up what’s truly important!

Compromise How To How to Compromise the Right Way

Who Makes What Kind of Compromises?

Perhaps you’re not surprised to learn that older real estate customers are less likely to compromise on their expectations for a home purchase. No, it’s not because they’re grumpy and stubborn old folk! Since the average person only moves about twelve miles from their previous residence, seniors have the leverage to only move into a home that they really want – an upgrade worth the hassle of a move. Furthermore, older buyers typically have more established careers and bigger paychecks to spend on a house.

The younger the buyers, the more compromises they’re likely to make, according to a recent study by the National Association of Realtors. So what are the most common sacrifices people are likely to make?

The most common compromise buyers make is on the price of the home. 25% of first-time buyers compromise on price, compared to 21% of repeat buyers. The condition of the home and size of the lot are close runners up.

Quality of the neighborhood is very seldom compromised, and the same survey actually revealed it to be the number one deciding factor in purchasing a home. See the full list below.

compromises 2014 nar How to Compromise the Right Way

Compromise without Lowering Standards

The first thing you need to notice about the chart above is that 33% of buyers of made a purchase in 2014 without compromising any of their original standards. Your standards are important, so don’t mistake this article for saying you need to simply lower expectations.

Remember, a compromise means you sacrifice something to get something else instead. It doesn’t mean you’re simply tossing what is important. For example, if you compromise a short commute to work, it could mean you’re getting more square footage for the same price!

The first thing you should do is write out a list of everything you’re looking for in a home purchase. Dream big! How many bathrooms? Is there a pool? What is the lot size? Don’t hesitate to be honest about what you’d love to call your home.

Next, review that list and pick a few things you’re absolutely not going to compromise. Maybe you know you absolutely cannot go over your quarter million budget? Or you positively must stay in your current public school district? Remember those non-negotiables, because you may be tempted to fudge them down the road!

Only put a few items on that non-negotiable list, but then cling to them like they’re scripture.

Explain the items you cannot compromise on to your Realtor. Obviously they will want to hear everything you’re looking for in your next estate, but draw particular attention to the heavy hitter items. Why? Later down the road the agent may push for why something is worth the compromise. If you end up with buyer’s remorse because of a sacrifice you were talked into, you will only resent your agent.

NOTE: If your non-negotiables are genuinely unreasonable, your Realtor will be able to tell you that from the get-go, and you can work through them together before the high stress parts of the process.

Conclusion

67% of buyers make some kind of compromise during in their real estate purchase, but only 11% of buyers close on a home and feel unsatisfied. It’s definitely possible to make compromises and still be excited about your major investment!

 

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6 Home Turn-Offs You Should Avoid [Infographic]

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So your house is on the market, but is your home ready for an open house? Is it odor free? What about clutter? Here are 6 home turn-offs you should avoid to ensure that you attract your buyers!

Property turn offs 6 Home Turn Offs You Should Avoid [Infographic]

  Know Your Home Buyer’s Pet Peeves

  • 70% of home buyers are put off by damp patches, stained walls & ceilings.
  • 56% said they ‘re turned-off by odor.
  • 54% mentioned dull lighting is unattractive.
  • 25% found an outdated bathroom unappealing.
  • 15% are disappointed with a cluttered room.
  • 14% are not flattered by over the top decor.

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6 Ways to Warm up Your Home This Winter

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It’s that time of year again–The cold hits and our electric bill takes a hit! Why not save that money for holiday gifts instead? Here are 6 ways to warm up your home this winter without blasting the heat!

 

1. Buy or make a draft snake to block draft coming in from underneath the door. Drafts can waste 5% to 30% of your energy use.

2. Change your filters once a month to allow a good airflow. Keep your furnace clean and properly adjusted to avoid air restriction. You will save up to 5% of the heat cost.

3. Turn down your water heater. Most water heaters are set at 140 degrees, but they only need to be set to 120 degrees. This will reduce your water heating cost by 6%-10%.

PicMonkey Collage2 1024x341 6 Ways to Warm up Your Home This Winter 4. Consider getting your your windows insulated. The extra still air space gives your home the ability to hold heat.

5. Use caulking and weatherstripping to seal up gaps. Any leaks can sap home energy efficiency by 5% to 30% a year.

6. Invest in an energy monitor. This device measures your electrical usage and projecst your bill each month. You will save 15%-20% on each bill.

PicMonkey Collage3 1024x341 6 Ways to Warm up Your Home This Winter

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8 Holiday Decorations for Your Home

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Tis’ the season and it’s time to get your home holiday ready! Here are 8 holiday decorations for your home that will impress your guests, yet are easy on the wallet.

1. Frame Decor: Dress up your picture frames with some sprig and berries.

2. Eye Candy: Pull out your glass cups and put some peppermint candy for a beautiful centerpiece. Add a colored ribbon for the finishing touch.

3. Light the Way: Group votive candles on a silver tray and light them up. Guest will love this! It gives the room a warm and sultry feel.

4. White It out: Everyone loves a white Christmas so why not have a white Christmas tree? This monochromatic look against shimmery, silver ornaments is very captivating when it’s placed by fireplace.

Coll1 1024x1024 8 Holiday Decorations for Your Home 5. Berry Nice: Fill apothecary jars with cranberries and surround them with fruit and pine cones to give a warm glow to your home.

6. Game on: For a fun and clever element, bring out your Scrabble game board and use it as a holiday prop for the table. Display words that are holiday related to stick with the theme.

7. Beautiful in a Glass: Put your extra ornaments in glass jars and place them by the window for a high-impact display.

8. Winter in a Jar: Buy some mason jars with lids and make your own snow globes! All you need is a decorative piece, super glue, water and of course glitter.

Coll2 1024x1024 8 Holiday Decorations for Your Home

The holidays are the best time of the year, but we all know how expensive it can be. With these easy decoration ideas, you will give your home that “wow” factor without spending a lot! Happy Holidays!

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