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Showing posts from August, 2016

Lease with the Option to Buy!

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I'm often asked about Lease Purchase or Rent to Own. Because the cons often outweigh the pros, in the past, I didn't recommend it.  Until now...Meet Home Partners of America! How It Works Home Partners' Lease with a Right to Purchase Program allows you to find a home that you want to rent from them initially, but may also like to buy in the next three to five years. They believe that there are many households who may be thinking about buying a home but for whatever reason would like to rent at the current time. You can lease the home for three to five one-year terms, depending on the state, and you may purchase the home from them at any time at a predetermined price. 1) Apply and Get Approved Prospective residents start the process by filling out a Pre-Qualification Application that checks key issues. 2) Find A Home Prospective residents will work with a REALTOR ®  (that's ME! :-) to find a home in an approved community. 3) Home Partners Buys the Ho...

Pay Off Your Mortgage?

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Becoming debt free is as much a part of the American Dream as owning a home but there certainly can be conflicting circumstances that make the decision to pay off your mortgage early unclear. The advantages of paying off debt early is increased cash flow, less interest paid and a higher credit score. The disadvantages are lower cash flow available as discretionary funds for meals, entertainment and other things. If the ultimate goal is financial security, is it worth the intermediate sacrifice? Whether you pay off your mortgage early is a personal decision that may be right for one person and not for another. Consider the following before you get started: Reasons you should Peace of mind knowing that you don’t have a mortgage You’ll save interest regardless of how low your mortgage rate is Lowering your housing costs before you retire Reasons you shouldn’t You can invest at a higher rate than your mortgage You have other debt at a higher rate ...

Two Negotiations

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There are two negotiation periods in some home sales. The primary negotiation takes place when the contract is agreed upon that includes the price, closing and possession. Buyers and sellers alike feel relieved once this first round has resulted in an agreement but there may be more negotiations to come if there are contingencies for financing, inspections or other things. The purpose of an inspection is for the buyer to receive an objective evaluation about the condition of the home and its components to identify existing defects and potential problems. The expense for inspections can be several hundred dollars and it’s reasonable for buyers to not want to spend the money before they find out if they can come to terms with the seller. From a different perspective, sellers want to know quickly if the buyer is going to reject the home due to the inspections. Sometimes, buyers will expect sellers to make all of the repairs listed on the report and this is where the second r...

SOLDbyNat.com in Atlanta, GA - Investing in Multi-family Units

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CONGRATS to this young man for purchasing his 1st Duplex. While the road was bumpy at times, he made a great purchase that will later be a great investment.   Thinking about investing in real estate? Interested in multi-family homes? Check out this Quickstart Guide ! Also check out my Pinterest board for Investing . Looking to INVEST or SELL an investment property? Let's talk! 404-857-2508 www.SOLDbyNat.com ------------------------------------------------------------------------------------------------- Natasha Bazile  is a Realtor & Home Stager . She prides herself in being a guide to her clients and finds fulfillment in helping them achieve their goals. Direct Phone: (404) 857-2508  www.SoldbyNat.com -  Email - Facebook - Twitter - YouTube

SOLDbyNat.com in Lawrenceville, GA - Light Home Staging, To Do or Not To Do?

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  Another home SOLD and another client can move on to the next chapter in his life. He will be downsizing and moving closer to work and family.   For this house, I did light Home Staging. Why? For the following reasons: I have a small inventory that I make available to my sellers as a part of my marketing package.  No additional cost to my sellers. FYI - For larger projects, I bring in a designer. The list/market price, nor the DOM (days on market) for homes in the area, justified paying $1,000 a month, for a minimum of 3 months. I knew the house would sell even if I did nothing; however, I knew warming up the home would make for better pictures, attract more buyers, make buyers feel welcomed, and ultimately lead to a higher sales price.  Take a look below and you decide. The before pics are on top or to the left. While, it's not a dramatic change, the after photos are warmer. Do you agree?  * DISCLAIMER - I know full-time Home Stagers will ...

SOLDbyNat.com in Alpharetta, GA - Townhouses are back!

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While I have SOLD more detached properties, than I have attached, the interest for them is rising again in Georgia. And fast! Congrats to the buyer of this beautiful townhouse! It's in a great location, well maintained, a has a terrific layout (it feels like you're in a detached house). Thinking about a townhouse or a condo? Check out... What You Need to Know When You Buy a Townhouse courtesy of www.TheNest.com Looking to BUY or SELL a home (whether detached or attached :)?  Let's chat and see if we'll be a good fit for each other! 404-857-2508 www.SOLDbyNat.com Need to work on your Credit ? Let's talk about that too. ------------------------------------------------------------------------------------------------- Natasha Bazile  is a Realtor & Home Stager . She prides herself in being a guide to her clients and finds fulfillment in helping them achieve their goals. Direct Phone: (404) 857-2508  www.SoldbyNat.com -  Ema...

SOLDbyNat.com in Monroe, GA - Do You Really Want to be a Landlord?

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Congrats to this repeat client & friends (who throw the best get-togethers at their home)! After building and living in this home for many, many years, it was time to move. Instead of selling, they went the route of renting successfully for many years. Finally, the day came when they decided to sell the house (which was one of the nicest split foyer's I've ever seen!). After some patience, this beautiful home SOLD! I could write a post about "Making Sure You Pick the Right Lender" or "If the Lender starts acting sketchy, RUN!" , because the buyer's lender put everyone through an ordeal. Especially the buyers. For example: They were relocating from Florida. They made a trip down to close, only to find out closing would be delayed another week or so. The equaled a trip back to Florida and a trip back to Georgia for the actual closing. SMH... Instead, I'm going to dedicate this one to Homeowners who are thinking about becoming Landl...

Too Busy To Buy a Home Right Now? You Are Trippin!

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Let me start off by saying Congrats to the Buyer & Seller pictured here. In this transaction, I represented the seller; however, I was very moved by the buyer so I have to give her a special shout out! At the closing, I learned that this young lady endured the process of buying a home while taking care of family, going to nursing school full-time, and working full-time. Say What??? YES!  As if the process of buying a home isn't stressful enough (so many variables, so much going on, & so many different emotions), this young lady handled it all and is now a proud homeowner of a great house ! KUDOS! * Side note - If anyone tells you buying a home is a not stressful, they either have Jesus-like composure or they are lying (hahahaha!!!)! I work with people in the thick of the process daily and I recently did it myself. Despite all of the stress, it is SO WORTH IT!!! The benefits of Home Ownership are priceless. Just trust me or Google it ;-). If you think ...

SOLDbyNat.com in Lawrenceville, GA - Home Maintenance, Crawl Spaces, & Mold!

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First, let me give a huge CONGRATS to my seller and new friend. I am so happy she can now move on to the next chapter in her life! Have you even gone to someone's home and wondered how they kept it so clean??? This was the case with this house. Not only that... the seller did an excellent job with maintenance and regular upkeep! Most people only think of the financial responsibility of paying the mortgage and bills; however, there are other important responsibilities associated with Home Ownership like continual upkeep & maintenance. You can find a slue of tips, tricks, plans, & schedules online. Check out my Pinterest boards for starters. Pamper Thy Home Home Maintenance Checklists Whatever you do, DO NOT not keep putting repairs & maintenance off . If you do, they will pile up until you are too discouraged to do anything and the damage from long-term delay will cost you big time! To help with this, pre-schedule tasks like changing air filters, ...

VIRTUAL PROPERTIES REALTY IS VOTED... (drumroll please)

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Inc. 500 Magazine Unveils 35th Annual List of America’s Fastest-Growing Private Companies:  VIRTUAL PROPERTIES REALTY IS VOTED AS ONE OF AMERICA’S FASTEST GROWING PRIVATE COMPANIES BY Inc. 500 Magazine 2016  New York, August 17th, 2016 - Inc. 500 Magazine today ranked VIRTUAL PROPERTIES REALTY as one of the most prestigious, most successful companies within today’s American economy’s most dynamic segment— it’s independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well—known names gained their first national exposure as honorees of the same ranking that was bestowed upon Virtual Properties Realty today.  “A Heartfelt Thank You, to our wonderful Agents and Staff for helping us achieve this exciting, prestigious award and ranking. We could not have done this without you! Let’s take over the Real Estate World!” ~ Karen Burks and Steve Wagner, Owners, Virtual Properties Rea...

Ready for Retirement?

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It’s surprising to realize that most people spend more time planning their next vacation or cell phone purchase than they do on their own retirement. Let’s look at a hypothetical situation where you have $35,000 to invest for your retirement in 15 years. Have you compared where you might have the best opportunity? The safest place to put it might be a certificate of deposit because it’s insured but unfortunately, rates would be less than 2%. The value would grow to $47,233.26 at the end of the 15 year holding period. Investing in a mutual fund has more risk but also a greater opportunity to earn a higher rate of return. An estimated 7% return would project an accumulated value of $99,713.14. Using the $35,000 for a 20% down payment and closing costs on a $150,000 rental home could realize much higher proceeds. Using a familiar investment analysis spreadsheet, the $35,000 could grow to a future wealth position of $153,302. This analysis considers leverage, 3%...

Avoid Wasting Time

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Time is valuable and no one wants to waste their time (it's one thing you can't get back!). Most people can’t put their lives on-hold while they’re trying to buy or sell a home. Whether they have a family, a couple or single, life continues and the time constraints of moving can become burdensome. Your agent is committed to helping you save time while making the experience memorable. They know the process and the potential problem areas and can help you move through them. To preserve your time and your agent’s, please consider the following: If your plans to buy or sell change , let your agent know. Be on time for appointments or if it is necessary, cancel them with as much notice as possible. Get pre-approved through a trusted mortgage professional. Cooperate with your loan professional by providing all requested documentation. If you go into builder model homes or REALTOR® open houses without your agent, advise them you have an agent (you will still be ab...

Picture This!

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Listing photos may be one of the most important marketing efforts that lead to a potential buyer. Nearly, all buyers use the Internet during the home search process. They usually start looking at homes online before they contact an agent. It’s far more efficient to screen properties by looking at the pictures that have been posted than to make appointments with each homeowner, drive all over town and waste a lot of time looking at homes that would never meet a buyer’s criteria. There needs to be enough pictures of a property to adequately represent the home; most websites allow for at least 24 and more may be needed if it is a large home. Take horizontal shots to accommodate the format of most listing websites. The pictures should be well-lit so that it is easy to see all of the features of the room. Natural light is preferred over the limitations of flash. They should be taken with a wide-angle lens so that you can see the majority of the roo...