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Latest News Blog

It's getting increasingly colder out there as we head into the heart of winter. And if you haven't taken a moment to winterize your home, there's no...
So you’re getting ready to buy a home and you have noticed there are a few things you would really like to have fixed before you move in. The question is,...
It is so tempting to use flowery language to sell your home to potential buyers. But did you know that there are certain words that actually hurt more...
We all have well-meaning friends who want to help when we consider buying or selling a house. But friendship doesn't mean you should take their...
Many of us fantasize about clearing all the junk from our homes, to de-clutter and simplify our lives. Some take that thought further and flirt with...

Some Home Repairs Can Become Deal Breakers

As you get ready to buy a home, a thorough home inspection should be part of your plans. But do you know just which repairs are the pricey ones?

 

There are four home repairs that could become deal breakers:

 

  1. 1. Foundation work is always an expensive fix. “If you have bowed basement walls, cracks in walls or floors or a tilting chimney, you may be aware that these are signs of a problem foundation,” Investopedia.com says.

 

Other signs? Problems opening and closing doors or windows because these can also signal foundation issues.

 

Cost to fix: Well over $10,000 depending on the problem’s extent.

 

  1. 2. Mold is another big issue according to ForTheBestRate.com. “Mold can occur within your home’s walls due to major water damage such as a flood, but could also be the result of hidden water damage, such as minor leaks in pipes or cracks in seals.”

 

Other signs? If your water bill suddenly jumps in size compared to normal.

 

Cost to fix: About $3,000 a wall.

 

  1. 3. “Generally, there’s no way to ignore or ‘live with’ a roof problem. Unrepaired issues will become worse and cause additional problems,” LemonHouses.com says.

 

“Shingles are the site of the most common roof problems. Age, harsh weather and improper installation can cause shingles to blow or tear off, leaving the wood beneath prone to rot and other damage.”

 

Other signs? Pooling water, chimneys that sag or buckle or overfull gutters.

 

Cost to fix? Repairing just a portion of your roof is about $700 to $1,000. To replace your entire roof, costs can range from $5,000 to $15,000 or more.

 

  1. 4. Sewer problems are another potentially huge expense. “As a homeowner, you may be responsible for the portion of your sewer line that runs from your home into the city. If this portion becomes damaged, it will probably fall on you to arrange for the necessary repairs.” ForTheBestRate.com says.

 

Homes in older neighborhoods may be more likely to have these kinds of issues. So if you want to avoid this altogether, check out newer construction during your house hunt.

 

Other signs? Slow, gurgling drains, frequent backups or sewage odors outside your home.

 

Cost to fix? Somewhere between $5,000 and $15,000.

 

Set up your free consultation with Cassidee Reeve, a Top Producing Agent at NP Dodge, to get all your questions answered! 402-706-2901.

Essential Questions to Ask When You Buy a Home

Buying a home is a major purchase. It’s often the biggest you’ll ever make.

 

That’s why it’s important to get every needed piece of information before you buy. Here are three questions you should ask your buyer’s agent before you commit:

 

  1. 1. “Every real estate agent should be able to give you a comparative market analysis (CMA), which is a listing of homes currently for sale and recently sold in the area,” HowStuffWorks.com says.

 

These analyses let you compare the home you consider with similar homes also for sale. You can compare prices, number of bedrooms and bathrooms, as well as square footage and other details. This is helpful when you put together an offer.

 

  1. 2. Bankrate.com advises you find out, “how long the property has been on the market. If it's been languishing for months with nary an offer, it could be slow market or it could be overpriced.”

 

  1. 3. According to HouseBeautiful.com, it’s important simply to ask how home buying works. “Sure, you've heard family and friends throw around words like ‘appraisal’ and ’closing costs,’ but do you truly understand the process?

 

Don't be afraid to ask questions, knowing what you're in for can help you make smart decisions along the way.”

 

And here are two questions to ask yourself before you buy:

 

  1. 1. What is my credit score? Before you can even shop for a new home, you should know what you qualify for in terms of financing.

 

  1. 2. What can I really afford to purchase? Per HouseBeautiful, that amount includes “a down payment, closing costs and all the other extra fees involved.”

 

For 21 more questions to ask before you buy a home, click here.

 

Ready to find your next home? Call Cassidee Reeve, a Top Producing agent at NP Dodge, for a consultation, 402.706.2901.

 

4 Problems You Must Disclose to Potential House Buyers

Nothing is more stressful when you sell your house than disclosure.

No one really wants to tell potential buyers about existing problems like a leaky roof, cracks in the foundation or that pesky ant infestation each spring.

Although there are many things you must disclose, there are some limits.

"Generally, you're responsible to disclose only what's in your personal knowledge," Nolo.com says. In other words, you don't usually need to hire inspectors to turn up problems you never knew existed.

Here are four problems you must disclose, even if you're unaware of them.

• If you have lead-based paint. "A federal disclosure is required for all transactions if the home was built before 1978. The disclosure also gives the buyer 10 days to conduct inspections for lead-based paint," according to Homebuying.About.com

• If you have natural hazards such as flood zones or earthquakes in your area. Realtor.com says you also have to tell a buyer about "other required disclosures including pollution issues, prospective zoning changes or the fact that a home is within a historic district."

• Some defects must always be disclosed. These include, "plumbing and sewage issues; water leakage of any type, including in basements; termites or other insect infestations; problems with the title to the property, among others." MoneyLawOffices.com says.

• If someone died in the house or it was the scene of a crime. "Sellers may not want to disclose this for fear of stigmatizing the property, but if the buyers find out later, they can sue if they believe the property's history will hurt its resale value," Realtor.com says.

The best thing to do is be up front with potential buyers. Honesty now could prevent a lot of heartache later.

Have questions about what you will have to disclose? Set up your free consult with Cassidee Reeve, a Top Producing agent at NP Dodge, today at 402.706.2901.

4 Important Questions to Ask Before You Buy a House

You finally found "the one." Your place. The home you always wanted.

It has the perfect ratio of bathrooms to bedrooms and even has that little reading nook you love. It's the house you've sought for months.

It's tempting to rush in with an offer because you fear other buyers. But once you know you want this particular house, take a step back, breathe deeply and start your research.

Here are four questions homebuyers should ask sellers before they make an offer:

1. From Bankrate.com, "What is this property worth in today's market?" Have your agent show you similar houses geographically close to the one you want. This gives you a better idea of what these comparable houses sell for currently.

2. HouseLogic.com recommends you ask about monthly utility costs. "Be sure to get an average cost -- not the lowest monthly bill – and ask when peak months are." This helps you know what your total monthly expenses will be, not just mortgage costs.

3. RealEstateFindLaw.com suggests you ask about the condition of your new home. This includes:


• The age of the roof – most last between 15-50 years.
• The type of foundation because access can save you money when repairs are needed.
• How much insulation there is in the walls and attic.

4. It's also important to find out about the neighborhood and the immediate area around your home. "Be sure to ask about schools (for people with kids, good schools = positive selling point), crime rate (find out how safe the neighborhood is) and lifestyle (is the house close to restaurants, recreational areas, shopping centers?) QuickenLoans.com urges.

This isn't an exhaustive list of questions, but it certainly gets you headed in the right direction: Toward your new home.

Need help finding your dream home? Call Cassidee Reeve, a Top Producing agent with NP Dodge, at 402.706.2901.

5 Essential Tips for a Successful Open House

You're ready to sell your home, but you need to attract potential buyers. One effective way is to hold an open house.

After all, unless people come see your home, you won't sell it.

Here are five great tips to ensure your open house is a hit:

1. First things first: Make sure you home is clean and smells fresh. Forget about baking something so your house smells homey. Not all buyers like the same smells. A clean smell is best. Always opt for deodorizers or candles that smell fresh and clean.

2. Bankrate.com recommends you advertise on every available real estate site, including Realtor.com, Trulia.com and Zillow.com. And don't forget to take and post quality pictures that represent your home's many selling points.

3. A Money.USNews.com article encourages "sellers to share their listings and open house dates through all social media channels. Friends, neighbors, colleagues and relatives could know someone who is looking, plus you never know who outside your direct network might stumble across your tweet or Facebook post."

4. "Start by letting the neighbors know about the event. This can either be done in person or by written invitation or a flyer stuck on their door," Marketleader.com advises.

5. Want to "increase foot traffic with serious buyers for about $7?" Bankrate.com shares this tip – buy an attachment for your "For Sale" sign that says "Open House." Put it atop your sign one week before your open house.

Need help to sell your home? Contact Cassidee Reeve, a Top Producing Agent at NP Dodge, today for your free consultation, 402.706.2901.

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