Omaha Home for Sale
Like us on Facebook!

Setup a showing today:

CALL 402-706-2901

 

"I want to personally help you find your perfect, dream home!"

 cassidee-reeve

"I want to be part of your team, for all your real estate needs."
Cassidee

 

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...

Four Non-Traditional Homebuyer Options

Most people know the ordinary way to buy a house.

Generally, you look at listings online, select the homes that best fit your needs, tour them and make an offer on the home you want.

But there are other ways you might not know because they're uncommon.

Four non-traditional options

1. "Foreclosure is a process in which the estate becomes the absolute property of the lending institution," ForeclosureUniversity.com explains.

Foreclosure occurs when homeowners can't afford their mortgage payments and go into default after several months.

A big benefit to buying a foreclosed home is the "bank is motivated to get the property sold and will negotiate price, down payment, closing costs, escrow length, etc." HGTV.com says.

2. A short sale means, "that the property's sale price is less than the amount currently owed on the mortgage," according to geeksonfinance.com.

If you're unafraid to roll up your sleeves and fix things around your new home, you're likely to get a better price. That's because short-sale properties are often "fixer-uppers."

3. Ever consider eBay to get your next home? Homeguides suggests online auctions as another option.

"Certain auction websites allow property owners to list their homes for sale. The site takes a commission, but because fewer services are provided, the cost is generally less than what a real estate agent would charge," the website says.

But closing times may be shorter than in a traditional sale. Sometimes, the closing is set for as soon as a week after the auction.

4. Trading homes is popular enough to merit several sites, including: goswap.org, tradeahome.com, and besthouseswap.com. But it's not as simple as exchanging your front door key for theirs.

When you trade a house, you must "qualify for a loan, come up with a down payment and close, which involves selling your house and buying the other house as two separate transactions," Howstuffworks says.

Each owner pays off their current mortgage and takes out a new loan for the other's home. The biggest difference when you trade is both owners do that simultaneously. The closing dates are the same.

Ready to find your next home? Call Cassidee Reeve today to set up a consultation, 402-706-2901.

 

How to Add Value Without Heavy Investment

If you plan to sell your home in the not-too-distant future, any improvements you make should bring you the most bang for your buck.

Here are five lower-cost home improvements that offer extra value:

1. Moneycrashers.com suggests you look at color when you refresh your kitchen. "Fresh paint, in modern colors, can go a long way toward updating the look of your kitchen. Plus, paint is relatively cheap."

2. Head outside and plant shrubs or trees. Plant trees that slowly mature and offer a nice shady spot for the next owners, HGTV.com recommends.

As for shrubs, the website says to buy "plants that are native to your region or plants that are drought-tolerant. These require less water and maintenance, which means more savings."

3. Add lighting to your home. Experts at DIYNetwork.com say "canned or recessed lighting in the kitchen and bathrooms can brighten the place up."

Also, "simple touches like dimmer switches make a dramatic change to any room."

4. Give your appliances a facelift. "If your kitchen appliances don't match, order new doors or panels for them," Bankrate.com says.

Prospective homebuyers won't be drawn to a mix-and-match kitchen. If pieces are uniform, your kitchen looks fresh and organized.

5. Clean your bathroom. Give it a deep cleaning to make it really sparkle. You can also replace your old fixtures with more up to date ones that are more functional.

A new coat of paint and new towels on the towel racks are also easy ways to spruce up your bathroom.

Everyone wants to make the most they can from the sale of their home. Consult a professional to learn the best ways to invest your time and money.

Call Cassidee Reeve, a Top Producing Agent at NP Dodge, and set up your free consultation. 402.706.2901.

4 Home-Buying Tips When Your Credit’s Imperfect

Is homeownership a dream of yours?

Perhaps you've always wanted to buy, but you feared your less-than-stellar credit history would stop you.

Of course, if you had a perfect credit score and enough cash to put 20 percent down, people would rush to sell you their homes. And possible lenders would line up, too.

For many of us, that just isn't reality.

But take heart. Even if you don't have a perfect credit rating, it's likely you can still buy a home.

Suggestion 1:
Apply for a Federal Housing Administration loan, suggests Money.USNews.com. "You can likely get approved for an FHA loan with a credit score as low as 580, provided you have enough money saved for a 3.5 percent down payment."

Suggestion 2:
Focus on your income, not your credit score. Situations like divorce can drop your credit rating, but your income doesn't necessarily fall. If you lead with your income, it can make you a more attractive risk.

Suggestion 3:
Raise your credit score before you look for a house. How? The following steps will help you raise it, according to NerdWallet.com: "Making all of your credit card payments on time, paying off debts and keeping credit card accounts open even when they're paid off."

Suggestion 4:
Work to shore up your credit rating a full year before you intend to buy a home. This should include, "ordering your credit report, dealing with debt, and working on any credit scores that won't meet qualification minimums," realtytimes.com says.

Ready to buy a house? Contact Cassidee Reeve, a Top Producing agent at NP Dodge, at 402.706.2901.

Pros & Cons of Adjustable-Rate Mortgages

An adjustable-rate mortgage or ARM has, "an introductory interest rate that lasts a set period of time and adjust annually thereafter for the remaining time period," according to Zillow.com.

Once the initial time frame passes, your interest rate and monthly payment will change, too.

So if you have a 10/1 ARM on a 30-year mortgage, your interest rate remains static for 10 years and then "adjusts," usually to a higher rate, for the next 20 years.

The Case For ARMs:

  • Adjustable-rate mortgages generally offer low introductory interest rates.
  • Your monthly mortgage payments will be reduced for the initial time period.
  • If you know you'll move within a few years, an ARM may be the best mortgage for you.

 

The Case Against ARMs:

  • Once the introductory period ends, your interest rates could jump and increase your monthly payment.
  • If you get an ARM thinking your income will rise before the initial rate ends and it doesn't, you may be unable to afford the higher monthly payment.
  • Many ARMs have prepayment penalties attached. That means you can't fully pay off your loan for the number of years specified.
  • If interest rates jump while a prepayment penalty is in place, you can't refinance or sell your home without an added, usually large cost, realtor.com says.

 

Getting out of an ARM

Say you choose an adjustable-rate mortgage to keep initial payments manageable because you want a home sooner than later.

But you know it will be difficult or impossible to make higher payments once the ARM adjusts.

What can you do?

Realtor.com recommends you refinance before your loan adjusts if you can.

Have questions about what type of mortgage may be best for you?

Set up your free consult with Cassidee Reeve, a Top Producing agent with NP Dodge, at 402.706.2901.

Pros & cons for selling your home over the holidays

  • Instead of dreaming about a white Christmas, perhaps your thoughts run more to the green currency you hope to see added to your bank account.

Perhaps you've thought about selling your home. You hoped to sell in the late summer or early fall, but the household projects you had to do took longer than expected.

So here you are with the house ready and the holidays suddenly upon us.

Is winter a good time to sell your home?

Cassidee Reeve, a Top Producing agent at NP Dodge in Omaha, said she's asked this a lot. She said there are pros and cons to selling your home during the holiday season.

Pros:

  • Buyers who look during the holidays are often highly motivated and ready to buy.
  • If someone makes an appointment to view your home, it's likely they're serious buyers who need to make a move, not just out looking.
  • There is less competition during the holidays.

 

Most home sellers want to wait until after the holidays to put their homes on the market. This can mean higher sales prices as well and less time on market because there are not as many options for active buyers.

Cons:

  • Often homeowners are busy with holiday functions or have friends and family come to visit. They don't like or want the interruptions of showing the house.
  • Homeowners who like holiday decorations are urged to keep them to at a minimum or none at all.
  • Home buyers are often busy with the holidays and the purchase of a new home gets put on the back burner.
  • Available funds for a down payment are often affected by holiday spending. Buyers may need additional weeks or months to save up again.

 

Want to sell your house this holiday season? Contact Cassidee Reeve at 402.706.2901.

Web Boy Design Website Development by Web Boy Design, Inc