Selling Your Home? Be Informed of the Seller’s Disclosure!

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The seller’s disclosure form is an important form that must be completed by everyone selling a home.  The form is comprised of various questions about your home that you may not have considered since you purchased the property yourself.

As it is one of the documents that the buyer will most closely look at, all questions need to be answered to the best of your knowledge. If they are not, it may delay the closing process and prompt even further questions from the buyer.

Fortunately, there are a few ways to put your mind at ease while completing this very detailed, legally-binding document!

  • Research your home. If you have recently moved into your home then you likely have much of the necessary information accessible, as it was made available to you when you purchased the home. If it has been a decade or so, you may have to do some digging through old paperwork to find information such as the make, model, and age of various components of your home (HVAC system, water heater, etc.). Buyers will want to note this information to see what kind of money, if any, will need to be spent upon moving in.
  • Be as accurate as possible. You hopefully had an inspection done when you moved into the home, which should be able to give you information on the roof, plumbing, electrical, etc. While doing your research, try to be as accurate as possible rather than guessing when something may have been installed or replaced.
  • Honesty is the best policy. Answer all questions to the best of your ability. If there is information to which you do not have access or a question is not applicable to your property, note that in the seller’s disclosure form. You do not want to appear ill-informed about your home and want to offer up as much information to the buyer as possible.

Remember, the seller’s disclosure form is a legally binding document that is required of all home sellers; however there is no reason to be intimidated by it! Just make sure you are aware of what has been done in your home and which things potential buyers may take issue with. This will help both the home selling and buying process go smoother than you can imagine!

Contact Jean Groesbeck & Assoc. LLC daily for more information on what to take into consideration when buying or selling your home at (360) 941-3734 or Jean@JeanGroesbeck.com.

The Benefits of Staging Your Home to Sell

Kevin McManus Photography & Design, High Dynamic Range Photography, HDR Photography, Real Estate - Architectural Photography

As real estate brokers with home staging certifications, Old Town Anacortes-based Jean Groesbeck & Assoc. LLC sees the firsthand effect a well-staged home can have on the mind of a home buyer. If you are thinking about selling your home, we offer complimentary home staging services that might just make you fall in love with your home all over again!

Home Sellers Are Biased – Staging one’s own home is like asking them to be objective about their children. Unless you have truly hated your home since you bought it, it will be difficult for you to let go of your own decorating style and the emotions that have been cultivated since living there.

You Will Learn! – Have you ever looked at a home magazine or watched the DIY Network only to fantasize about being able to decorate the way they do? Now you can learn! Stagers work with you to properly display items in your home to bring out the best features possible. It might give you the chance to learn how you want to decorate your next space!

First Impressions Must Be the Best – Buyers will only get one first impression of your home – make it the best! You get a good feeling when you walk into a home that has been properly staged.  It isn’t fake, it isn’t dirty, and it allows potential buyers to develop their own sense of comfort and connection to the home.

Look Better than Other Homes – When a home isn’t properly staged, buyers are only driven further from your listing and closer to your competition. Keep your buyers connected with your property!

Appears Move-In Ready – Proper, neutral home dĂ©cor allows buyers to visualize living there. They will imagine their own possessions in each room, and how their family will fit into the space. It will also lessen the impact of any maintenance issues that may arise during inspection, as they are already pleased with the home’s overall aesthetics.

Looks Well-Maintained – Again, issues have the potential to arise in almost any inspection, and a home that appears to be well-maintained from the outside will help the buyer feel more comfortable with any “internal” work that may need to be done, rather than focusing on changing things like countertops or radical paint jobs.

Looks Better in Photos – These days, homes are typically first viewed on the internet. Well-done staging allows for better quality photos and allows a potential buyer to fall in love with the home before viewing it in person.

It’s Free! – Jean Grosbeck & Assoc. LLC offers free staging services from a certified professional to all who sign with us. Our staging professional is experienced in making a home comfortable for anyone who views it.

For more helpful staging tips or information on selling your home, reach out to Team Groesbeck today and be sure to check out our page that explains the staging process.

How to Cancel your Mortgage Insurance

Dean-Hayes

Content provided by Dean Hayes, Bay Equity Home Loans

Nearly 4 out of 10 people don’t know that you can buy a home with less than 15% down. When you do, you will be paying mortgage insurance – an insurance policy that protects the lender in case you don’t make your payments and default on your home loan.When-can-I-Cancel-my-Mortgage-Insurance

Many people believe mortgage insurance is a waste of money and want to get rid of it as soon as possible. Actually, I can show you the math where mortgage insurance is a very inexpensive alternative to the cost of waiting, but that’s another post.

If you have mortgage insurance on your home mortgage and want to get it removed, we have to first start by identifying the type of mortgage that you have.

Click here to view this blog in its entirety.

Why NOW is the Best Time to Sell Your Home

sell

Between there being little inventory available in Anacortes and its surrounding areas and rising prices and interest rates, buyers often waste little time looking and want to purchase a home fast.

A recent profile of home buyers and sellers by the National Association of Realtors (NAR) indicates that homes are selling in about four weeks and for roughly 98% of the listing price, despite prices being about 6% higher.

If you are considering selling your house in the near future, contact us today for a complimentary and no-obligation market analysis of your property.

Jean Groesbeck & Assoc. LLC proudly serves the counties of Skagit, Island, Whatcom and San Juan and Team Groesbeck is available daily at (360) 941-3734, Jean@JeanGroesbeck.com, or stop by our office is located in Old Town Anacortes at 809 7th St.

When is the Right Time to Sell Your Home?

timeisnow

Have you been interested in selling your home, but still wonder when the best time will be?

Here are a few reasons why NOW is the time to list your home for sale in Anacortes:

– SUPPLY AND DEMAND –

Inventory in Anacortes is low, but the demand remains high! Because of this, it is currently a sellers market. Homes listed for sale that are priced correctly are selling very quickly!

– FEWER CASH BUYERS – 

In the past few years, all-cash and investment buyers have maintained the real estate market. With fewer all-cash buyers, the price growth in the housing market will make for more stable and sustainable growth.

– INCREASE IN INTEREST RATES –

It is predicted that mortgage rates are going to rise in the near future; this will encourage buyers to make their move in purchasing sooner rather than later.

– RISING COST OF RENT –

As the price of rent increases, tenants become potential buyers and want to invest rent money towards owning a home.

Before you decide if now the right time to sell your home is, contact Team Groesbeck to discuss your options. Our team of honest and experience brokers will guide you every step of the way, beginning with a no obligation comparative market analysis (CMA) of your property, in addition to a complimentary staging consultation for our clients.

To schedule an appointment with us or for more information, we are available daily at (360) 941-3734 or by email at Jean@JeanGroesbeck.com. As the #1 seller of pre-owned properties in Skagit County, Jean Groesbeck & Assoc. are market experts and can assist with all of your real estate needs, providing you 5 Star Real Estate Services since 2002!

Should you sell your home now?

are-you-ready-to-sell-your-home

Selling your home is a huge decision that often causes extra (and unwanted) stress.  Deciding when to sell your home is not always only about the money, but a lifestyle change.

Anacortes-based Jean Groesbeck & Assoc. LLC is a team of experienced and professional real estate brokers who know the market in Anacortes, throughout Skagit County, and beyond.  Even if you are interested in seeing what your home is worth or interested in selling in a few months, contact us early to begin the process.  Allowing for ample time to get your home and finances in order will allow for a smoother process later.

Jean Groesbeck & Assoc. LLC doesn’t just list homes, we sell them.  We utilize our resources online, social media, throughout the area to promote your property ensuring that we will get you an offer that is best for you – and we will guide the process along the way.

Our team of dedicated and full-time brokers is the number one sellers of pre-owned properties in Skagit County.  Don’t wait; call us today at (360) 941-3734.

We look forward to working for you.

Competing with New Homes in Today’s Market

energy-hom

If you are selling a home in Anacortes or anywhere in Skagit County, it is important to look at your competition. If your home is in a price range that has new homes listed, it is even more important that your home is move-in ready.

Beyond the updated kitchen and bathrooms, buyers want homes that will not need maintenance within the next five years. Other things to consider are that the roof and gutters need to be cleaned, the furnace serviced, appliances working, fresh paint, stain free and clean carpet, cupboards clean and organized and no mildew on decks and patios.

Even if you do not have new homes in your area, 70 percent of Skagit County buyers want move-in ready homes. They expect the homes on the market to have spotless kitchens, fresh caulking in bathrooms and perfect windows.

Of course we can sell homes that are not in excellent condition, but sellers do not get top-dollar. Some sellers value time more than money so they are willing to have a lower selling price rather than having work done.

For most of us, we want top dollar for any real estate we sell. When you allow Jean Groesbeck & Assoc. LLC to market your home in Anacortes or anywhere in Skagit, Island and San Juan Counties, you will receive professional and complimentary staging services.

If you are thinking of remodeling and want to consider resale value of your home in Anacortes or anywhere in Skagit, Island and San Juan Counties, we are happy to discuss with you. Contact us at (360) 941-3734 or Jean@JeanGroesbeck.com today!

Winter Home Selling Tips

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There is no need to wait until spring to sell your home! Inventory is low and demand remains high in Anacortes and Skagit County.  Even if you are on the fence about selling, contact Jean Groesbeck & Assoc. LLC for a complimentary, no obligation comparative market analysis of your home.  It is not too early to begin the process to ensure things run smoothly later.

Here are some tips to get the most out of selling your home during the winter:

Price competitively – There is often less completion in the winter, but if your home is priced too high people will look elsewhere.  Price appropriately from the start to get the most attention!

Get professional photos – Studies have shown that homes listed using professional photos sell for more money.  Even if your lawn is covered in snow and the leaves have fallen off the trees, high quality photos taken with professional cameras look best.

Keep up with exterior maintenance – Make sure the “for sale” sign is free of debris and visible, snow and leaves are clear from the walkway, driveway, roof and deck or patio spaces.

Let light in – Keep your home inviting by allowing the light in, even when the winter months can be dark and gloomy.  Keeping the heat and lights on (indoors and outdoors) allow for the home to be properly seen at all hours of the day.

Stay tidy – Winter can be tricky to keep a home tidy with the holidays and visitors, but by keeping coats, boots, umbrellas and other items out of view and regular cleaning up kept, your home will always be ready to be shown.

Plan open houses accordingly – Knowing the schedule of the local football team and being aware of local events can ensure that people will be available to attend your open house, free of distraction.

Anacortes-based Jean Groesbeck & Assoc. LLC can assist with all of your real estate needs.  Proudly serving Anacortes, Skagit and San Juan counties and beyond, call us today at (360) 941-3734 or email to Jean@JeanGroesbeck.com.  We look forward to working with you!

The Importance of Home Inspections

Home Inspections
Many wonder why such an emphasis is placed on home inspections when they are not mandatory in the home buying or selling process.

The bottom line is: buying a home is already an expensive process- it is best to have a third party check for potential (unseen) problems before you are fully committed, rather than signing without knowing what you could be getting into.

One of the biggest indicators that the home inspection is important is that it can be used as a contingency in your purchase offer. This means that it can be used to back out the deal if certain significant defects are revealed by an inspection.

 

While inspectors may vary in thoroughness, there are certain key elements they should look at:

  • Whether or not the problems they find are safety issues, or major/minor defects.
  • Which items require replacement or servicing.
  • Which items should be monitored closely for possible repair/replacement in the future.

 

As a general rule, some of the items an inspector might look at include:

  • Foundation
  • Exterior Walls
  • Pest Problems
  • Roof Damage
  • Plumbing
  • Electrical Hazards
  • Heating, Ventilation, and Air Conditioning
  • Water Heater
  • Kitchen Appliances (provided any are staying with the home)
  • Laundry Room (proper ventilation)
  • Potential Fire Hazards
  • Bathrooms (proper ventilation, mold issues, water damage, etc.)

 

Potential safety concerns that should absolutely be addressed in the inspection are:

  • Radon
  • Carbon Monoxide
  • Mold

 

Inspections may not always identify everything wrong with a property, but they can point you in the right direction if something appears amiss and if anything, you will have the opinion of an “expert” to back you up.

If you have any questions about home inspections (how to schedule, why they are important, etc.) give us a call! We would be happy to walk you through everything you need to know about buying or selling your home.

What is the Seller’s Disclosure Form?

The seller’s disclosure form is one that must be completed by everyone selling a home; it is a document that will ask you questions about your home that you may not have considered since you purchased the property yourself.

As it is one of the documents that the buyer will most closely look at, all questions need to be answered to the best of your knowledge. If they are not, it may delay the closing process and prompt even further questions from the buyer.

Fortunately, there are a few ways to put your mind at ease while completing this very detailed, legally-binding document!

Research your home. If you have recently moved into your home then you likely have much of the necessary information accessible, as it was made available to you when you purchased the home. If it has been a decade or so, you may have to do some digging through old paperwork to find information such as the make, model, and age of various components of your home (HVAC system, water heater, etc.). Buyers will want to note this information to see what kind of money, if any, will need to be spent upon moving in.

Be as accurate as possible. You hopefully had an inspection done when you moved into the home, which should be able to give you information on the roof, plumbing, electrical, etc. While doing your research, try to be as accurate as possible rather than guessing when something may have been installed or replaced.

Honesty is the best policy. Really, answer all questions to the best of your ability. If there is information to which you do not have access or a question is not applicable to your property, note that in the seller’s disclosure form. You do not want to appear ill-informed about your home and want to offer up as much information to the buyer as possible, so as to avoid any delays or issues with closing.

Remember, the seller’s disclosure form is a legally binding document that is required of all home sellers. There isn’t, however, any reason to be intimidated by it! Just make sure you are aware of what has been done in your home and which things potential buyers may take issue with. This will help both the home selling and buying process go smoother than you can imagine!

Call us today for more information on what to take into consideration when buying or selling your home!