Monthly Archives: March 2015

Real Estate Secrets for Selling Your Home


Selling your home? The real estate experience can be daunting and stressful, but there are a number of strategies you can employ that will mitigate stress and ensure that you receive the greatest return on your investment.

Don’t Skimp On Your Listing

Real estate listings that go into greater detail tend to perform better than those that do not. Don’t cut any corners. Be sure to use words like “luxurious” and avoid words with any negative connotations or unclear meanings such as “potential.”


Research suggests that a bathroom remodel will yield the greatest return of all home renovations. If you invest $3,000 into a bathroom remodel in the mid-range, you’ll receive roughly $1.71 back for every $1.00 you spent. That’s some serious return on investment. Oh, and be sure to avoid kitchen remodels. The return on such remodels is poor and will likely put you at an overall financial loss.

The Power of the Number Nine

It is also suggested that you should use the number nine in your listing as opposed to rounding up your price. Prices with nine included in the number perform better and may sell up to a full week faster than those that do not include the number nine. For example, attempt to sell at $249,000 as opposed to $250,000.

Timing is Everything

The season and even the week that you attempt to sell your home will significantly impact both how quickly the home is acquired on the open market and how much it goes for. Homes sell far faster in the spring than in the winter. Also, avoid the second week of December specifically, when you can expect your home to sell for as much as three percent lower than the average.

Embrace Seasonal Flair

Speaking of the seasons, you shouldn’t be afraid to have your home reflect the time of the year. Add wreaths during applicable holidays. Make sure your fireplace is highlighted during the winter months and that screened-in porches and the like are particularly tended to during the spring months. Match colors to seasonal moods, too. If you’re selling in the fall, decorate your home with more muted colors than you would the spring or summer. Such color cues and decorations have a psychological effect on buyers that can result in a better real estate offer.

Sometimes It’s the Little Things

Focus on the details. That cannot be stressed enough. Dust window sills, clean all your glass surfaces thoroughly, trim the bushes along your sidewalk, and generally attend to all the little things. These will all make a difference to the buyer. Oh, and when you’re done cleaning, hide away all your cleaning supplies! You don’t want your prospective buyer to be thinking about having to clean your house before they even purchase it.

What Are the Types of Home Loans?


Buying a home is not easy especially in today’s expensive market scenario. After all, homes are not cheap and you may not always have the cash handy to buy the property that you desire. Given this situation, home loans are an excellent option. Additionally, paying rent or paying an EMI comes with the same amount of financial stress. However, the end result is different. When you are paying an EMI, you end up becoming owners of the home. This is what makes home loans a preferable choice for thousands of aspiring couples as well as bachelors.

But, before you apply for a home loan, you need to familiarize yourself with the different types of home loans. Usually, this information can be procured from bank or financial institution’s representative. In fact, if you are feeling lazy enough to make the call or walk in to the nearest branch, the internet is always there to bail you out. Do a simple search and you will be able to get a rough idea.

Meanwhile, here is a brief preview to help you understand it better:

Fixed rate home loans: Every loan comes with a rate of interest. However, when customers opt for a fixed rate home loan, it means that during the tenure of the loan, the rate of interests will not change irrespective of the external economic scenario. This could be advantageous in cases when the economic turbulence could lead to interest rates peaking. But in cases where the interest rates are going to drop considerably, opting for a fixed rate home loan could prove to be heavy on your pockets.

Variable rate home loans: This is the ideal option for people who have an excellent foresight and are able to predict the economic scenarios with surprising accuracy. As part of the terms of this loan, the applicant is charged according to a changing rate of interest. This change is dependent on the prevalent market scenario.

Land purchase loans: If you are buying a plot for constructing a new house, the land purchase loan works well. Most banks are willing to provide up to 85% of the amount as loan.

Flexible tenure plan: As part of this option, the bank will lend you the amount and allow you to choose the preferred repayment tenure. In some cases, the bank also offers option where the repayment starts after a certain period like six months or one year.