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DIY Home Prep: Organizing and Reselling

(Published on - 12/14/2024 7:11:14 PM)

A nice and tidy home is an instant mood booster. It becomes a space you enjoy living in, spending time with your loved ones, and creating memories.

Organizing and decluttering a home and all its contents is not an easy task. Most only get around to it before selling a home, but with a little bit of innovation and DIY effort, your home organization can look like something out of a magazine shoot.

How does home staging help?

If you are planning to sell your home, it would be ideal to stage it. This creates the perception that the home is lived in without being too personal. This allows home buyers to gain insight into how to use the space provided.

The idea of home staging can be a base for you to start organizing around your home, freeing up space, and getting rid of unwanted goods you held on to for a little too long.

This will be a big project, so start with one room at a time, and make your way around the house, inside and out.

Cleaning up the home and decluttering

Step one is cleaning and decluttering. You will need a few essentials. Cardboard boxes, waste bags, labels, markers, and form sheets or bubble wrap.

Now you can tackle each storage space in the room. Separate everything into three piles: keep, rehome, and toss.

Place the things you want to give away or sell in the rehome box, and everything you want to throw away can be tossed into the waste bags. Clearly mark each bag so that everything is easily identifiable.

DIY Projects for the Home

After organizing the contents of the home, you can take steps to improve the home itself. If you are planning to sell your home, this can improve the market value of your home, if not, it will make your home a more enjoyable space to be in.

Interior Projects

Some of the ways that you can improve the different rooms in your home consist of small tasks that require some effort.

For each individual room, you want to clean up the walls and lighting fixtures. You can consider giving each room a new coat of paint or wallpaper to refresh the aesthetic and feeling of the room. You can also fix up or upgrade any cabinets, faucets, and lighting fixtures that are problematic or outdated.

The furniture you no longer need can be moved into a spare room for the interim, or you can repurpose these pieces by painting them, reupholstering, or retrimming them for a more updated look. DIY upcycling projects can be a fun way to find new uses for old furniture. Pinterest and blogs have many ideas that you can experiment with and try out for yourself.

Exterior Projects

When you start working on the exterior of your home, you will have to tackle the aesthetics, the storage units, and the garage.

Some focal points of your efforts should be to repaint the outside of your home. This includes the walls, all the external facing doors, and the fences. You can also fix up any holes in your fencing, clear out downspouts and gutters, clean the chimney, and fix up the roof.

Also give some attention to the outside lighting fixtures. Make sure that they are all in working order and clearly illuminate the spaces they occupy at night.

Landscaping efforts

If you want to give a little more love to your yard, you can create a few projects and tackle them one at a time. A DIY garden is an excellent project that can turn into a frequent hobby, and you will be able to grow produce and flowers to use in your home.

If you are someone who loves entertaining, you can consider installing a fire pit or a gazebo in the middle of your garden. A poolside bar and grill area could be a perfect entertainment spot for family and friends to mingle and have fun together.

Curb appeal

This is a phrase that is often used when selling a home. It is when you beautify the outside of your home so that it looks appealing to people coming in to view the house. It gives a great first impression of the property. Curb appeal efforts can also be used to make minor changes to the look of your home.

Some efforts include trimming the grass regularly, pruning trees and shrubs, getting rid of weeds and dead plants, and cleaning up any debris and stains on your driveway or pathway.

What to do with your rehome boxes?

Now that the home has been organized and is aesthetically pleasing, what are you going to do with the boxes that you filled up with items you no longer want anymore? There are two main options: donating them or selling them.

Selling unwanted items

If you have pieces of designer clothing, jewellery, or electronics that are no longer used by your family, you can sell them. There are many online platforms that help you list these items according to their top categories, and you can make a sufficient amount of money from them. There are also options like a social media marketplace, or you can host a garage sale in your front yard. Online sales, however, give you more control of how you sell your items.

Donating unwanted items

If you have a nearby charity, you can donate items like basic clothing, books, and trinkets that they can sell in their thrift stores to generate funds for the charity. This is a fulfilling option, as these items will find homes with new people.

Conclusion

Organizing your home and rehoming unwanted items can feel cathartic. Taking on DIY projects to upgrade your home can feel fulfilling, and it will make the spaces you create more enjoyable for you and your loved ones. This process will take work and time, but with determination, you can give your home a new lease on life.

Source: Realty Executives

Realty Executives Midwest

1310 Plainfield Rd. Ste 2 | Darien, IL 60561

Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


Should You Sell Your House As-Is or Make Repairs?

(Published on - 12/7/2024 4:28:37 PM)

Should You Sell Your House As-Is or Make Repairs?

recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell as-is instead (see chart below):

a pie chart with text on itIf you’re feeling stressed because you don’t have the time, budget, or resources to tackle any repairs or updates, you may be tempted to sell your house as-is, too. But before you decide to go this route, here’s what you need to know.

What Does Selling As-Is Really Mean?

Selling as-is means you won’t make any repairs before the sale, and you won’t negotiate fixes after a buyer’s inspection. And this sends a signal to potential buyers that what they see is what they get.

If you’re eager to sell but money or time is tight, this can be a relief because it’s that much less you’ll have to worry about. But there are a few trade-offs you’ll have to be willing to make. This visual breaks down some of the pros and cons:

a screenshot of a blue and white screenTypically, a home that’s updated sells for more because buyers are often willing to pay a premium for something that’s move-in ready. That’s why you may find not as many buyers will look at your house if you sell it in its current condition. And less interest from buyers could mean fewer offers, taking longer to sell, and ultimately, a lower price. Basically, while it’s easier for you, the final sale price might be less than you’d get if you invested in repairs and upgrades.

That doesn’t mean your house won’t sell – it just means it may not sell for as much as it would in top condition.

Here’s the good news though. In today’s market, as many as 56% of buyers surveyed would be willing to buy a home that needs some work. That’s because affordability is still a challenge, and while there are more homes for sale right now, inventory is lower than the norm. So, you might find there are a few more buyers who may be willing to take on the work themselves.

How an Agent Can Help

So, how do you make sure you’re making the right decision for your move? The key is working with a pro.

good agent will help you weigh your options by showing you what comparable homes in your area have sold for, what updates your neighbors are making, and guide you in setting a fair price no matter what you decide. That helps you anticipate what your house may sell for either way – and that can be a key factor in your final decision.

Once you’ve picked which route you’re going to go and the asking price is set, your agent will market your house to maximize its appeal. And if you decide to sell as-is, they’ll call attention to the best features, like the location, size, and more, so it’s easy for buyers to see the potential, not just projects.

Bottom Line

Selling a home without making any repairs is possible in today’s market, but it does have some trade-offs. To make sure you’re considering all your options and making the best choice possible, have a conversation with a local agent. 

Source: Keeping Current Matters

Realty Executives Midwest

1310 Plainfield Rd. Ste 2 | Darien, IL 60561

Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


Last Minute Holiday Recipes to Save the Day

(Published on - 11/23/2024 5:55:37 PM)

The holidays are a time for family, friends, and of course, delicious food. If you’re like most people, you might be scrambling at the last minute to come up with some new recipe ideas. Never fear – we’ve got you covered!

In this article, we will share 25 recipes that will save your holiday feast. From sweet treats to savory dishes, there is something for everyone. So, relax and enjoy the holidays – let us take care of the brainstorming!

A group of friends celebrating the holiday season with food.

Sweet Treats

The holidays are a time for family, friends, and of course, delicious food. A lot of people like to have sweet things at their holiday feast. That’s why we’re starting with recipes for sweet treats.

1. Cranberry-Pistachio Biscotti: A festive twist on a classic Italian cookie, these biscotti are perfect for dipping in your morning coffee or tea.  Set some aside as small gifts for unexpected visitors.

2. Chocolate-Dipped Shortbread Cookies: These simple yet delicious cookies are a holiday staple in many households. Shape them into festive shapes for added decor.

3. Gingerbread Men: A holiday favorite, these gingerbread cookies are perfect for decorating with the kids. If you are short on time, you can purchase them instead of baking them in advance.

4. Peppermint Bark: A festive and easy-to-make treat, peppermint bark is perfect for gifting or enjoying yourself! Consider grabbing some decorative tins to help turn the bark into a sweet gift.

5. Spiced Hot Cocoa: This rich and creamy hot cocoa will warm you up on a cold winter day. Add a little extra holiday cheer with a shot of rum or brandy.

6. Pumpkin Pie: A classic Thanksgiving dessert, pumpkin pie is always a hit- even on other holidays. Serve it with a dollop of whipped cream for an extra special treat.

7. Apple Crisp: This comforting dessert is perfect for using up any leftover apples from your holiday baking. There are few ingredients in a crisp, so it is a great recipe for those who are short on time or supplies at home.

8. Pecan Pie: A Southern favorite, pecan pie is a must-have at any holiday gathering. Not up for making a full pie? Try pecan pie muffins instead or brownies for a fresh spin. You can also make this dessert in advance and freeze it until needed.

9. Chocolate Chip Cookies: A classic cookie that is always a hit, chocolate chip cookies are perfect for sharing with friends and family. Add nuts, pretzels, or other treats to boost the flavor.

10. Sugar Cookies: Another classic cookie, sugar cookies are perfect for decorating with the kids. Use different shapes of cookie cutters to maximize the fun.

11. Fruitcake: Love it or hate it, fruitcake is a holiday tradition in many households. Give it a try this year! Make sure to set aside plenty of time. With a multitude of ingredients, this recipe takes well over two hours from start to finish.

12. Eggnog: A holiday favorite, eggnog is rich and creamy and perfect for sipping by the fire. Make it even more special by adding a shot of rum or brandy. There are plenty of eggnog options at the local grocery but making it at home will allow you to put your special spin on it.

13. Pumpkin Spice Latte: This popular fall drink can also be enjoyed during the holidays! Best of all, you can make a big slow cooker version for easy serving.

Savory Snacks

Savory snacks are perfect for satisfying your hunger between meals, and they come in all shapes and sizes. From chips and crackers to dips and spreads, there is sure to be a savory snack that fits your taste buds.

1. Cheese Ball: A holiday party classic, cheese balls are always a hit. Serve with a variety of crackers or crudités for dipping. This is one of the most versatile savory options on our list- ingredients range from onion and bacon to cranberry and almond.

2. Deviled Eggs: A delicious and easy-to-make appetizer, deviled eggs are perfect for any holiday gathering. You can make variations with ingredients like sriracha, cheese, chives, and more.

3. Sausage Balls: A tasty and kid-friendly snack, sausage balls are great for munching on during the holidays. Plus, serving them is as simple as putting a toothpick in them for guests to grab easily.

4. Pigs in a Blanket: Another crowd-favorite, pigs in a blanket are perfect for snacking on during holiday movies or gatherings.  This is one of the easiest recipes to put together- crescent rolls and any kind of sausage will work.

5. Holiday Crackers: A festive twist on regular crackers, these are perfect for enjoying with cheese or dips.

6. Candied Bacon: A delicious and unique appetizer, candied bacon is perfect for any holiday party. If the oven is occupied with other holiday dishes, try cooking this in the air fryer.

7. Mini Quiche: A bite-sized version of a classic brunch dish, mini quiches are perfect for any holiday gathering. Choose your favorite mix-ins (bonus points for meat and veggie options) and whip up something special.

8. Spinach Artichoke Dip: A creamy and flavorful dip, spinach artichoke dip is perfect for enjoying with crackers or crudités. In the unlikely event that there are leftovers, use the dip as a stuffing for chicken.  It’s an indulgent dinner you won’t forget!

9. Guacamole: A party favorite, guacamole is perfect for any holiday gathering. Serve with chips or use it as a condiment for tacos or burritos.

10. Chicken Wings: A favorite party food, chicken wings are perfect for any holiday gathering. There are all types of marinades, dry rubs, and sauces for those who want to switch it up from the classic buffalo wing. You can also bake, fry, and grill the wings, depending on the recipe. Remember to serve the wings with a variety of sauces for dipping.

11. Vegetable Tray: A healthy and festive option, vegetable trays are perfect for any holiday party. Arrange the veggies on the plate to minimize empty space and emphasize the gorgeous colors. Serve with a variety of dips or hummus.

12. Hummus: A delicious and healthy dip, hummus is perfect for any holiday party. Serve with a variety of vegetables, crackers, and pita for maximum flavor.  Consider adding in garlic, olives, roasted red pepper, and more to create delicious variations.

With all these ideas for holiday food, the most difficult part will be deciding what to serve.  Grab those ingredients early so you have them on hand and enjoy spending time with family and friends this holiday season.

Source: Realty Executives

Realty Executives Midwest

1310 Plainfield Rd. Ste 2 | Darien, IL 60561

Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


What’s Motivating Homeowners To Move Right Now

(Published on - 11/16/2024 5:32:12 PM)

What’s Motivating Homeowners To Move Right Now

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so low for so long.

But a growing number of homeowners are deciding they just can’t wait any longer. Often, it’s because of personal or lifestyle change. As Redfin explains:

“Some homeowners are opting to bite the bullet and give up their low rate in order to move. Many are selling because a major life event like a job change, or divorce . . .”

If you’re weighing the decision to move, take a look at some of the top reasons others are choosing to sell. You might find those are reason enough for you to move now, too.

It’s Time for a Change

A new job in a different city, a desire to be closer to family, or simply wanting a change of scenery can all spark the need to sell.

Let’s say you’ve landed a great job offer that requires relocating, listing your current home quickly may be the next logical step.

There’s Just Not Enough Space in Your Current House

Sometimes, your current home just doesn’t fit your lifestyle anymore. A growing family, the need for a home office, or more room for entertaining can all drive the decision to upgrade to a larger space.

As an example, if you live in a condo and have a baby on the way, selling might be the next best move so you can find a larger home that suits your needs.

Retirement or Wanting To Downsize

On the flip side, some homeowners are ready to downsize. This could be due to children moving out, retirement, or simply wanting less to maintain.

If you’re newly retired and dreaming of a simpler lifestyle, downsizing to a smaller home could free up both time and resources to enjoy this new chapter of life.

Changes in Relationship Status

Big changes like divorce, separation, or marriage often lead to a need for new living arrangements.

If you just went through a divorce, selling the house you once shared may allow both of you to move forward and find a living situation that works better for you now.

Health and Mobility Needs

Health concerns, especially those that affect mobility, can also drive the decision to sell. A home that once worked well might no longer suit your needs.

If this sounds like your experience right now, selling your current home to move into a more accessible space, or even using the proceeds for assisted living, could significantly improve your quality of life.

Bottom Line

Selling your home isn’t just about market conditions or mortgage rates—it’s also about making the best decision for your lifestyle and future. As Bankrate says:

 

“Deciding whether it’s the right time to sell your home is a very personal choice. There are numerous important questions to consider, both financial and lifestyle-based . . . Your future plans and goals should be a significant part of the equation.”

 

If a major life change has you thinking about moving, now might still be the right time to sell. Work with a trusted real estate professional to help you navigate the process.

Source: Keeping Current Matters

Realty Executives Midwest

1310 Plainfield Rd. Ste 2 | Darien, IL 60561

Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


Renting vs. Buying: The Net Worth Gap You Need To See

(Published on - 11/9/2024 7:03:44 PM)

Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth.

Every three years, the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how much wealth homeowners and renters have – and the difference is significant.

On average, a homeowner’s net worth is nearly 40 times higher than a renter’s. Check out the graph below to see the difference for yourself:

Why Homeowner Wealth Is So High

In the previous version of that report, the average homeowner’s net worth was about $255,000, while the average renter’s was just $6,300. That’s still a big gap. But in the most recent update, the spread got even bigger as homeowner wealth grew even more (see graph below):

a graph with green line and orange lineAs the SCF report says:

“. . . the 2019-2022 growth in median net worth was the largest three-year increase over the history of the modern SCF, more than double the next-largest one on record.”

One big reason why homeowner wealth shot up is home equity.

Equity is the difference between your home’s value and what you owe on your mortgage. You gain equity by paying down your mortgage and when your home’s value goes up.

Over the past few years, home prices have gone up a lot. That’s because there weren’t enough available homes for all the people who wanted one. This supply-demand imbalance pushed home prices up – and that translated into faster equity gains and even more net worth for homeowners.

If you’re still torn between whether to rent or buy, here’s what you should know. While inventory has grown this year, in most places, there’s still not enough to go around. That’s why expert forecasts show prices are expected to go up again next year nationally. It’ll just be at a more moderate pace.

While that’s not the sky-high appreciation we saw during the pandemic, it still means potential equity gains for you if you buy now. As Ksenia Potapov, Economist at First Americanexplains:

“Despite the risk of volatility in the housing market, homeownership remains an important driver of wealth accumulation and the largest source of total wealth among most households.”

But prices and inventory are going to vary by area. So, lean on a local real estate agent. They’ll be able to give you the local trends and speak to the other financial and lifestyle benefits that come with owning a home. That crucial information will help you decide the best move for you right now. As Bankrate explains:

“Deciding between renting and buying a home isn’t just about cost — the decision also involves long-term financial strategies and personal circumstances. If you’re on the fence about which is right for you, it may be helpful to speak with a local real estate agent who knows your market well. An experienced agent can help you weigh your options and make a more informed decision.

Bottom Line

If you’re not sure if you should rent or buy, keep in mind that if you can make the numbers work, owning a home can really grow your wealth over time.

And if homeownership feels out of reach, connect with a local real estate agent and lender. They can help you explore programs that may make buying possible.

 

Source: Keeping Current Matters

Realty Executives Midwest

1310 Plainfield Rd. Ste 2 | Darien, IL 60561

Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


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