Spokane Real Estate Blog

How Sellers can Prepare for a Home Inspection Some sellers spend a lot of time getting their homes ready for the real estate market. Cleaning, organizing, de-cluttering, and landscaping is hard work, but since these tasks usually pay off with a faster sale and higher offers, most homeowners are willing to do them. Unfortunately, some stop short of going the extra mile to make sure that their home will not only get the best possible offers from qualified buyers but will also have a better chance of sailing right through the dreaded buyer inspection process, where unknown or ignored condition issues can cost the sellers money or even the entire sale. 

Start With the Disclosures

Blank spaces and vague answers on a seller's disclosure document will likely just create unwarranted confusion on the

17 Views, 0 Comments.

How to Measure Rooms when Buying a House to Make Sure It's Right For You When you walk into an empty bedroom, it may seem a lot larger than it actually is, once the furniture has been brought in. Even staged rooms often use a number of tricks to make a small space look bigger than it is, so it's generally a wise practice to measure various rooms in a potential home to avoid buying a house too small for your needs or falling into common traps of home buying. When you consider these four different way to measure a bedroom, you can decide if it will work well for you.

Take All Dimensions

There is no substitute for actual numbers, so your best bet is to come into a home armed with a tape measure and possibly a stud finder to measure the bedroom space. You may not want to perform this process for every home or every room,

42 Views, 0 Comments.

Looking for Home Issues It’s sage advice that’s given to most people before they buy a home: get a home inspection! But what is the ultimate purpose of this expense and what can it do for you? In short, a home inspection is used to detect potential issues with the home before a final sale is made, and works to protect the buyer from purchasing a home that’s unsafe. Think of it as a test drive for a house; if a buyer doesn’t like what they see, they can walk away. It’s the difference between a good investment and a disaster.

What Are Inspectors Looking For?

A home inspector is a trained professional who has a specific list of items that he or she will scrutinize during their time in the home. While they can’t physically tear up floorboards or put holes in the walls, a home

56 Views, 0 Comments.

Fixing Plumbing After buying your first home, learning how to care for your pipes can help save you money on plumbing repair. With the right tools and a little basic knowledge, you can save yourself hundreds of dollars on plumbing repair every year. 

Clogged Drain

Slow drains are typically caused by a buildup of hair and other organic debris in the pipes. To fix a slow drain, there are a multitude of strategies which could be attempted. One method is to flush the drain with several cups of vinegar, then allow the vinegar to sit for several minutes. Once the vinegar has had time to clean the inside of the pipe, flush it with hot (not boiling) water.

If the drain is fully clogged, use a plumber's auger. Insert the screw-tip end of the cable into the pipe, then

38 Views, 0 Comments.

Putting Less Than 20 Down on Home Nearly everyone who buys a home needs to borrow money in the form of a mortgage in order to finance it. Lenders commonly require you to pay 20% of the price of the home upfront. In the case of a $200,000 home, that's $40,000, which is still an awful lot of money. When possible, many buyers strive to put the 20% down. However, if your finances simply cannot provide that much cash, there are alternatives.

Pay for Mortgage Insurance

Mortgage insurance protects the lender in the case of you defaulting on the loan. When you pay back the loan, you're gaining equity, but everything else you pay – like interest and insurance – is just money going into someone else's pockets.

And it's not a small amount of money. Mortgage insurance can cost hundreds

59 Views, 0 Comments.

Bank Owned Property Sale Buying a foreclosure has become a popular way for some home buyers to get a great deal on a home. But, unlike a standard, owner-occupied home buying experience, foreclosure buyers usually must accept the home in its current condition, which can be somewhat of a buyer-beware situation.

In addition, there are other very important things to know. 

Get Mortgage Pre Approval Before Looking

The best foreclosures are sometimes purchased within hours or even minutes of appearing on the market. Buyers who want to compete and win must be ready by having financing in hand before making their offer.

Most foreclosure sales utilize their own extensive purchase and disclosure documentation and must typically include a copy of the prospective buyer's

75 Views, 0 Comments.

House hunting in summer When you buy a home in summer, you get to take advantage of the increase in homes on the market, but you also have to deal with increased competition in closing on your dream home. There are a myriad of potential pitfalls in looking for a new home in a competitive market, so read on for some tips on how to get the home you want without getting stuck in a bidding war.

1. Understand This Year’s Competition

Real estate experts agree that spring and summer are the hottest times to buy a home. However, trends change from year to year with regard to what buyers are looking for. Unless the market in your area is busy across the board, you may be able to save some stress by studying your competition. By researching local buying trends, prospective

65 Views, 0 Comments.

Resolving Issues During Home Selling Selling a home successfully in today's competitive real estate landscape requires making sure that it looks its best along with the help of a skilled, experienced listing agent who can finesse the marketing process for maximum appeal.

Occasionally, however, the process of selling a home also requires knowing how to overcome serious hurdles, such as tax liens and title issues. 

What is a Tax Lien on a Home? 

Any taxing authority, including cities, counties, states, and the federal government can usually place a tax lien on a home. And in many states and locations, Home Owner Associations (HOAs) may also place a tax lien on a home when there are unpaid HOA fees.

Tax liens are filed with the county where the home is located and serve as a notice

87 Views, 0 Comments.

Home Repairs and Maintenance Home owners who plan to sell their home often wonder what they should do about making improvements before putting it on the market.

While most sellers already know that making relatively minor improvements, such as cosmetic updates like new paint and deep cleaning, are usually necessary before listing to better compete with other homes, many may feel unsure of whether or not they need to invest in more expensive upgrades, such as adding another bedroom, bathroom, or additional square footage for more living space.

Understanding the Cost vs. the Value of Home Improvements

According to recent information published by the National Association of Realtors®, large, expensive home improvement projects may not be the best way to a buyer's heart - or to

972 Views, 0 Comments.

Dog Owner Tips for Selling Home Selling a home when you own dogs can be a challenge. Odors, scratches, pet hair and other reminders of animals can lead to lower offers and can make selling your home take longer if you don't take action.

As a homeowner trying to sell a property, the best thing you can do is keep your dogs separated from the selling process by removing visible evidence of their existence. Here are a few tips to follow:

Repair Pet Damage

Dogs can do a lot of damage to your property over time. Holes and stains in the carpet, chew marks on the walls, scratches on hardwood and other problems with your home’s structure can build up over time.

Make a list of all the damage that you can find in your home and make what repairs you can. As you’re looking for damage,

316 Views, 0 Comments.
Keller Williams Logo