Sears Real Estate



Posted by Sears Real Estate on 12/11/2017

Selling a home may prove to be a long, arduous process. However, if you act as a reasonable home seller, you can identify home selling challenges and overcome such problems without delay.

Now, let's take a look at three tips that you can use to become a reasonable home seller.

1. Learn About the Housing Market

Real estate is complex, particularly for home sellers. Fortunately, many housing market resources are available to help you become a real estate expert.

For example, any home seller can perform an online search to evaluate the housing market in any city or town. Then, a home seller can use this real estate data to analyze the prices of houses that are similar to his or her own and price a residence appropriately.

Home sellers also should look at the prices of recently sold houses in nearby areas. That way, a home seller can find out whether he or she is preparing to enter a seller's or buyer's market and plan accordingly.

2. Try Not to Get Too Emotional

Let's face it – any home selling journey likely includes plenty of ups and downs. But a home seller who understands the best- and worst-case home selling scenarios may be better equipped than others to stay calm, cool and collected, even in the most challenging situations.

Although a home seller may expect his or her home to sell quickly, it is important to set realistic expectations before you list a residence. This will enable you to avoid potential pitfalls that otherwise can prevent you from achieving your home selling goals.

For example, a home seller who receives a home appraisal will have a good idea about the true value of his or her house. And if the home seller receives a home offer that falls well below the appraisal amount, he or she won't feel disappointed. Instead, this home seller should have no trouble politely declining or countering the proposal.

3. Consult with a Real Estate Agent

If you're unsure about how to price your home or promote your house to the right groups of homebuyers, it often pays to get expert help. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you make informed home selling decisions.

A real estate agent possesses comprehensive housing market expertise and is happy to share his or her home selling insights with you. This means if you ever have questions about what to include in a home listing, your real estate agent can help you out. Or, if you are uncertain about whether to upgrade your house's interior or exterior, your real estate agent is available to provide honest, unbiased home improvement recommendations.

Becoming a reasonable home seller can make a world of difference in any housing market, at any time. Take advantage of the aforementioned tips, and you can quickly and effortlessly navigate the home selling journey.




Categories: Uncategorized  


Posted by Sears Real Estate on 12/4/2017

The more you know about the process of buying a house, the better prepared you'll be for doing it successfully.

How might you define "success" when it comes to purchasing a home?

There are a lot of standards that could be applied to successfully navigating the home buying process, but here are a few that immediately come to mind:

  • Finding the house of your dreams: While very few people find a home that is absolutely perfect in every way, it is possible to come close to achieving that ideal. Although a certain amount of flexibility goes a long way, knowing what you want and prioritizing important features are among the main prerequisites to getting what you want. As baseball legend Yogi Berra once said, "If you don't know where you are going, you'll end up someplace else." Thanks to the variety of websites devoted to home ownership, home decorating, remodeling, and landscaping, it's easy to find pictures online that can help inspire your imagination and clarify exactly what the house of your dreams might look like.
  • Minimizing setbacks and frustrations: The process of house hunting is a journey that often involves bumpy roads, detours, and dead ends. One secret to getting through it successfully is to work with an experienced real estate agent who knows the ropes and can keep you on track. It also helps to approach house hunting with a sense of optimism, resourcefulness, and commitment. Although you probably have a lot of competing priorities in your life, finding a house that you and your family will be happy in for the next few years deserves a top spot on your list!
  • Avoiding unpleasant surprises: Knowing your credit score and understanding the impact it will have on getting loan approval and a favorable interest rate will help prepare you for the financial side of buying a house. The ability to get prequalified for a mortgage and come up with sufficient down payment will also set the stage for a successful home buying experience. On the plus side, a higher down payment can potentially result in a lower interest rate and not having to pay private mortgage insurance (A 20% down payment is necessary to avoid PMI.) Since many loan programs and lenders require at least a 3-5% down payment, that can be a stumbling block for first-time home buyers. To purchase a $200,000 home, for example, you'd need to come up with a cash outlay of between $6,000 to $10,000 -- not an easy feat for everyone!
If coming up with a sufficient down payment is an issue for you, your real estate agent or loan officer can work with you to brainstorm possible solutions and alternative strategies. For some first-time home buyers, the best plan is to postpone your house buying plans for a couple years until you can improve your credit score and set aside several thousand dollars for a down payment.





Posted by Sears Real Estate on 12/1/2017

 

2017 Sears Real Estate Pumpkinfest

As November comes to an end and we move into the Holiday Season, Sears Real Estate would like to take one last opportunity to say Thanks to all our Family, Clients, and Friends that made the 2017 Pumpkinfest the best one yet!!!


 


 


 


 


 


 


 





Categories: Family  


Posted by Sears Real Estate on 11/29/2017

 

The Sears Report


A new project at Sears Real Estate is a NEW Annual Sears Report, which is designed to give you more detailed information on the status of the housing market throughout the Pioneer Valley, Hampden County, and the cities and neighborhoods you live in.

2016 was the turning point for many communities in Western Mass as the "Number of Homes Sold" finally outnumbered the average number of sales for the past decade plus.  The median price continues to rise throughout the Valley and most communities are approaching the high water mark of median prices set before the housing bubble of 2006-2007.


the Sears Report (v 2016) by Brian Sears on Scribd


Keep an eye out this winter for the hot off the presses 2017 Sears Report, due out in February, 2018. 


I'll give you a hint, the market continues to be strong and is very close a full recovery!!!  The median price for Hampden County for 2017 (year to date) is currently at $190,000 – which is only $2,000 below the high median price level set in 2007!!!

Take a look at the 2016 Sears Report and give us some feedback, so we can make sure the 2017 Sears Report is even better.





Posted by Sears Real Estate on 11/29/2017

 

Proposed Tax Reform


(Kevin Sears, 2017 NAR VP of Government Affairs at the NAR Convention)

Congress is currently debating a Tax Proposal that will affect you and the taxes you pay!!!  The National Association of REALTORS® (NAR) has studied the proposals and are not in favor of the proposed Tax Reform (Tax Cuts and Jobs Bill).  While the current proposal “doubles” the standard deduction, it not only removes a number of items you could have itemized, but it also eliminates the personal exception.  The net is a loss for middle income home owners.

NAR estimated that under Tax Cuts and Jobs Bill, the average homeowner could see an increase in taxes of $815 while providing a tax cut to non-homeowners of $516.

We stand with the National Association of REALTORS® and oppose Tax Cuts and Jobs Bill – if you would like to make your voice heard in Washington DC, you can easily send your message to Members of Congress at the following site:


http://homeownershipmatters.realtor/taxreform/

Here is a copy of the letter that will be sent to your members of Congress by visiting the above link:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Dear Congress,

As your constituent, I urge you to oppose the Tax Cuts and Jobs Act. This bill is a direct threat to consumers and homeowners. Not only will millions of homeowners not benefit from the proposal, many will get a tax increase. Additionally,homeowners could lose substantial equity from the more than 10% drop in home values likely to result if the bill is enacted. The legislation will decimate the long-standing incentives for home ownership.

~ Increases the standard deduction, which puts home ownership tax incentives beyond the reach of 95% of American families.

~ Changes the exemption for capital gains tax from the sale of a primary residence.

~ Eliminates the deduction for state and local taxes.

~ Restricts the deduction for personal casualty losses to presidentially declared disasters.

~ Restricts the deduction for moving expenses to active duty military.

All this from a bill that is supposed to improve the current tax system. Not only is this legislation a clear and present danger to American home ownership, it will cost our children and grandchildren $1.5 trillion in new federal debt. Vote no on the Tax Cuts and Jobs Act. Do not turn America from a home-owning nation to a home-renting nation.

Sincerely,
[Your Name]
[Your Address]
[City, State ZIP]




Tags: home ownership   Taxes   Congress  
Categories: Uncategorized