Posts for Syndication

Busting the Top Real Estate Myths: What Buyers and Sellers Need to Know

By Myreen Alcober

Busting the Top Real Estate Myths: What Buyers and Sellers Need to KnowWhen it comes to real estate, there are many misconceptions that can mislead buyers, sellers, and investors. Whether you’re purchasing your first home or selling a property, it’s important to separate fact from fiction to make sound decisions. In this blog post, we’ll bust some of the most common real estate myths, so you can make informed choices and avoid costly mistakes.

Myth #1: “You need a 20% down payment to buy a home.”

Many first-time buyers believe they need a hefty 20% down payment to secure a home loan, but that’s not necessarily true. There are plenty of mortgage options available with much lower down payments, some as low as 3% or even 0% for eligible buyers. FHA loans, VA loans, and other government-backed programs can help reduce the upfront costs, making homeownership more accessible.

Myth #2: “The asking price is non-negotiable.”

It’s easy to assume that the asking price is set in stone, but this is one of the biggest real estate myths. While many sellers list their properties at a price they hope to receive, there’s usually room for negotiation, especially if the property has been on the market for a while or there are other competing offers. Working with an experienced real estate agent can help you negotiate effectively and potentially lower the price.

Myth #3: “The market is always a seller’s market or always a buyer’s market.”

Real estate markets are constantly fluctuating based on factors like interest rates, inventory levels, and the local economy. While certain conditions may favor sellers in one period, it can easily shift to favor buyers in another. It’s important to understand the current state of the market and adjust your strategies accordingly. A knowledgeable agent can provide insights into whether it’s a good time to buy or sell in your area.

Myth #4: “Renovations always increase your home’s value.”

While renovations can make a home more appealing and functional, they don’t always translate to a higher resale value. Some home improvements may not recoup their costs when you sell. It’s crucial to consider the types of renovations that are most likely to add value in your market and avoid overspending on upgrades that don’t provide a strong return on investment.

Myth #5: “You’ll always get more money if you sell your home yourself.”

For sale by owner (FSBO) homes may seem like a way to avoid paying real estate commissions, but statistics show that homes sold by agents typically fetch higher prices. Real estate professionals bring expertise, marketing power, and negotiation skills to the table that can help sell your home for top dollar. Plus, they handle the complex paperwork, ensuring the transaction goes smoothly.

Myth #6: “You can’t buy a home with bad credit.”

Having a low credit score can make it more challenging to secure a mortgage, but it doesn’t automatically rule out homeownership. There are programs available for buyers with less-than-perfect credit, such as FHA loans, which have more lenient requirements. It’s also possible to get approved for a mortgage with a larger down payment or by working with a lender that specializes in subprime loans.

Myth #7: “Open houses are the best way to sell your home.”

While open houses can be a useful marketing tool, they aren’t always the most effective way to sell your home. Many buyers prefer to schedule private showings, allowing them to tour the property without feeling rushed. Open houses can also attract curious onlookers or people who aren’t serious buyers. Instead, a targeted marketing strategy that includes online listings and professional photography may be a better approach.

Myth #8: “You can’t back out of a real estate deal once you’ve signed a contract.”

Once you sign a real estate contract, it may feel like you’re locked in for good. However, there are certain circumstances under which you can back out of a deal, such as if the home inspection reveals serious issues or if the buyer can’t secure financing. It’s important to understand the contingencies in your contract and consult with a real estate agent or attorney if you need to back out of a deal.

Final Thoughts:

Real estate is full of myths that can cloud your judgment and affect your decisions. By busting these common misconceptions, you’ll be better prepared to navigate the buying or selling process with confidence. Whether you’re a first-time buyer, seasoned investor, or looking to sell your home, the key to success is working with professionals who can guide you through the complexities of the market. Knowledge is power, so take the time to do your research and make informed decisions that will set you up for success.

Compliments of Virtual Results

Is a Fixer-Upper Right for You? Key Considerations Before You Buy

By Myreen Alcober

Is a Fixer-Upper Right for You? Key Considerations Before You BuyBuying a fixer-upper can be an exciting opportunity, but it’s not for everyone. Whether you’re drawn to the charm of a historic home, a budget-friendly option, or simply love the idea of transforming a space into your own vision, there are several important factors to weigh before jumping in.

Here’s what you need to know before committing to a fixer-upper.

  1. Assess the True Cost of Renovations

    Renovating a home sounds like a fun project, but the costs can quickly add up. While the purchase price of a fixer-upper is often lower than a move-in-ready home, the repairs may be more expensive than you think.

    To start, you’ll need to get a clear picture of the scope of the work. Consider hiring a contractor to help assess the condition of the property, and get quotes for major repairs, such as plumbing, electrical, or structural issues. Don’t forget to factor in unexpected expenses, which are common in renovation projects.

  2. Evaluate the Structural Integrity

    One of the most important aspects of any fixer-upper is the foundation and structure. While cosmetic issues like outdated paint or flooring are relatively easy to fix, structural issues can be a significant headache and costly to repair. Make sure to thoroughly inspect the foundation, roof, and load-bearing walls.

    Hiring a professional home inspector is crucial, as they can spot potential problems that you might overlook. Don’t shy away from asking questions and getting clarity on what repairs are essential.

  3. Know Your Renovation Limitations

    Are you prepared for the amount of time and energy that a fixer-upper demands? Renovations can be long-term projects that require patience and flexibility. If you’re planning to live in the home during renovations, be prepared for the inconvenience that comes with construction.

    Additionally, some local zoning laws and building codes may affect the scope of your renovation. Check with your local government to make sure that your plans are feasible and legal. You don’t want to invest a lot of money into a project that you can’t complete as you envisioned.

  4. Consider Future Resale Value

    When buying a fixer-upper, it’s important to consider not just how much work you’re willing to do, but also how the final result will impact the home’s value. Will the area’s property values support the investment you’re putting into the home? Will renovations improve the home’s resale potential, or will they limit it?

    Talk to a real estate agent or appraiser to get a sense of the local market and make sure your investment will pay off in the long run. You don’t want to over-improve a property in a neighborhood that won’t support those changes.

  5. Make Sure You Have the Right Team

    DIY renovations can be a great way to save money, but some projects require professional help. Whether it’s electrical work, plumbing, or structural changes, certain tasks need licensed contractors. Be sure to assemble a reliable team to help execute your vision and ensure that everything is done to code.

    Also, keep in mind that having the right team is critical for managing timelines, staying on budget, and ensuring that all work is done properly. A trusted general contractor can help oversee the entire renovation process.

  6. Be Realistic About Your Skills and Time Commitment

    Renovating a fixer-upper isn’t just about budget and contractors. It’s also about your ability to take on some of the work, especially if you plan to do it yourself. Are you handy with tools? Do you have the time and skills to tackle smaller projects like painting, tiling, or landscaping?

    Being realistic about what you can handle yourself and what needs to be left to the professionals will help you manage expectations and avoid unnecessary stress.

Conclusion

Purchasing a fixer-upper can be a rewarding and cost-effective way to own a home, but it’s not a decision to take lightly. By understanding the costs, timeline, and potential challenges, you can make an informed decision that will lead to a successful renovation project. Make sure to evaluate the property’s structural integrity, have a team in place, and remain realistic about the effort required.

If you’re ready for the challenge, a fixer-upper can provide the opportunity to create your dream home. But remember, it’s not just about fixing up a house—it’s about finding the right one for you!

Compliments of Virtual Results

Building Equity: A Simple Guide to Understanding and Growing Your Real Estate Investment

By Myreen Alcober

Building Equity: A Simple Guide to Understanding and Growing Your Real Estate InvestmentWhen it comes to real estate, one of the most powerful ways to build wealth is by accumulating equity. Whether you’re a first-time homebuyer or a seasoned investor, understanding equity and how to build it is crucial for making the most of your real estate investment. In this post, we’ll break down what equity is, why it matters, and how you can increase it over time.

What is Equity?

In the simplest terms, equity is the difference between what you owe on your property (the mortgage balance) and the current market value of your property. If your home is worth $300,000 and you owe $200,000, your equity would be $100,000.

Equity is important because it represents your ownership stake in the property. As you build equity, you increase your wealth, which can be used for other financial goals, like taking out a home equity loan, upgrading to a larger property, or leveraging your equity for additional investments.

How to Build Equity

  1. Make Regular Mortgage Payments: Each time you make a mortgage payment, a portion goes toward paying down the principal (the amount you borrowed) while the rest covers the interest. Over time, as you continue to pay down your loan, you’ll gradually increase your equity.
  2. Increase Your Property’s Value: One of the most effective ways to build equity is by increasing the value of your property. Renovations, upgrades, and regular maintenance can all help boost your home’s market value. From a new coat of paint to adding a bathroom or renovating the kitchen, any improvement can increase the property’s value and, therefore, your equity.
  3. Wait for Market Appreciation: Another way to build equity is through the natural appreciation of your property’s value. Real estate generally appreciates over time, especially in desirable neighborhoods or areas with strong economic growth. Although you can’t control market conditions, holding onto your property for several years can help you take advantage of these increases in value.
  4. Make Extra Payments: Toward the Principal While paying your mortgage on time is essential, making extra payments directly toward the principal balance can significantly accelerate the process of building equity. Whether you make bi-weekly payments or add a lump sum to your monthly payment, paying down the loan faster will help you build equity more quickly.
  5. Refinance to a Shorter-Term: Loan Refinancing your mortgage to a shorter loan term, such as switching from a 30-year mortgage to a 15-year mortgage, can also help you build equity faster. While your monthly payments may increase, a shorter loan term will allow you to pay off your principal faster, which means more of your payments are going toward building equity instead of paying off interest.

Why Building Equity is Important

Equity is an essential component of financial growth. Not only does it provide a safety net if you need to sell or borrow against your property, but it also plays a key role in securing better financing terms, like lower interest rates on home equity loans or refinancing options. Additionally, equity is a tangible asset that contributes to your overall net worth, providing you with greater financial flexibility.

Conclusion

Building equity in real estate is a long-term strategy, but the rewards are worth it. By understanding how equity works and taking proactive steps to build it, you can secure your financial future, grow your wealth, and have greater flexibility when it comes to real estate decisions. Whether you’re looking to buy your first home or expand your investment portfolio, focusing on building equity is a smart move for anyone in the real estate market.

Ready to get started? Reach out to a real estate professional to discuss the best strategies for building equity with your next property!

Compliments of Virtual Results

5 Reasons Your Zestimate Might Be Off and How to Get an Accurate Home Value

By Myreen Alcober

5 Reasons Your Zestimate Might Be Off and How to Get an Accurate Home ValueIn today’s digital age, the Zestimate has become a popular starting point for homeowners and potential buyers to gauge a property’s value. However, while Zillow’s algorithm is sophisticated, it’s not infallible. You might find that your Zestimate is higher or lower than expected, and that’s because there are various factors that the algorithm simply cannot fully account for. Here are five common reasons why your Zestimate might be inaccurate and how you can get a better idea of your home’s true value.

  • Zestimate Doesn’t Account for Home Condition

    Zillow’s Zestimate is based on a variety of data points, but one of the most important factors it might overlook is your home’s condition. If you’ve recently renovated or made significant repairs, this can increase your home’s value, but Zillow’s algorithm may not automatically reflect those improvements unless they’re listed in public records. On the flip side, if your home is in need of repairs, the Zestimate might not reflect the necessary depreciation.

    How to Improve Accuracy: Consider submitting updates on your home’s condition, renovations, and repairs through Zillow’s platform to give their algorithm more current data.

  • The Zestimate Uses Data That Might Be Outdated

    Real estate is constantly changing, and Zestimate data often lags behind the market. If you’re in a neighborhood with fluctuating prices or if there has been a recent spike in nearby sales, the Zestimate might not accurately reflect those trends. Additionally, the Zestimate is based on publicly available data, which can be months old.

    How to Improve Accuracy: Stay up to date with your local real estate market trends and compare your home’s Zestimate to recent nearby home sales to see if it aligns with what’s happening in your area.

  • Zestimate Doesn’t Factor in Unique Features

    Every home has unique features that can make it more valuable or less valuable than others. If your home has features like an extra bathroom, a pool, a premium kitchen, or special landscaping, those elements might not be fully considered by Zillow’s algorithm. Conversely, if your property is in a more desirable location, that too might not be properly captured by the Zestimate.

    How to Improve Accuracy: Highlight your property’s unique features and consider working with a real estate agent to provide an accurate and up-to-date valuation that includes those details.

  • Zestimate Doesn’t Account for Market Sentiment

    The Zestimate doesn’t take into account the current emotions or sentiments in the market. In a seller’s market, home prices may be artificially inflated because buyers are willing to pay more. In a buyer’s market, home prices may be undervalued because buyers are more hesitant. Zillow’s algorithm doesn’t factor in these subtle yet crucial dynamics.

    How to Improve Accuracy: To better gauge your home’s market value, speak with a local agent who understands the current market sentiment and can help you adjust for local demand.

  • Zestimate Relies on Algorithms, Not Human Intuition

    While Zillow uses algorithms to predict home values, it’s not the same as a human agent with intimate knowledge of a local market. Algorithms can’t take into account human factors like the neighborhood’s charm or the lifestyle benefits of living in a certain area. This lack of nuance can lead to discrepancies between a Zestimate and the true market value.

    How to Improve Accuracy: A real estate agent can provide a comparative market analysis (CMA), which is based on a deeper understanding of your home’s characteristics and current market conditions.

Conclusion: A Zestimate Is a Good Starting Point, but It’s Not Perfect

While Zillow’s Zestimate can be a helpful tool for gauging the value of your home, it’s important to remember that it has its limitations. By understanding the reasons your Zestimate might be off and supplementing it with additional research, such as professional appraisals or guidance from a real estate agent, you can get a much clearer picture of your home’s true value.

Compliments of Virtual Results

Beyond the Mortgage: Creative Financing Options for First-Time Homebuyers

By Myreen Alcober

Beyond the Mortgage: Creative Financing Options for First-Time HomebuyersIf you’re a first-time homebuyer, you’ve probably realized that saving for a down payment, qualifying for a mortgage, and navigating closing costs can feel like an uphill battle. The good news? You’re not limited to traditional financing. There are several creative ways to make buying your first home more affordable and realistic—even if you’re working with a tight budget or less-than-perfect credit.

Here are some creative financing options that could open the door to homeownership sooner than you think:

1. Rent-to-Own Agreements

This option allows you to rent a home with the opportunity to buy it later—often at a pre-agreed price. A portion of your monthly rent may go toward your future down payment. It’s a great way to lock in a price while giving yourself time to improve your credit or save more.

2. Seller Financing

In this arrangement, the seller acts as the lender. Instead of getting a mortgage from a bank, you agree to make payments directly to the seller over time. This can be ideal if you’re having trouble qualifying for traditional financing, but be sure to work with a real estate attorney to ensure the terms are clear and fair.

3. Government Assistance Programs

There are many state and federal programs designed specifically for first-time buyers. These may include:

~ FHA Loans with low down payments
~ VA Loans for veterans and active-duty military
~ USDA Loans for rural properties with no down payment

First-time buyer grants or down payment assistance from your city or state

These programs can significantly lower your upfront costs or make monthly payments more manageable.

4. Shared Equity or Co-Buying

You might consider purchasing a home with a friend, family member, or even an investor. This strategy allows you to share the cost of the down payment and monthly expenses. Some companies also offer shared equity models where they help fund your purchase in exchange for a percentage of the home’s future value.

5. Assumable Mortgages

In some cases, you can “take over” the seller’s existing mortgage if it has a low interest rate. This is known as an assumable mortgage and can save you a lot over the life of the loan, especially when interest rates are rising.

6. Crowdfunding Your Down Payment

Some buyers are turning to friends, family, or even online platforms to crowdsource funds for a down payment. There are specific platforms designed just for this, especially for life events like weddings that double as home-buying milestones.

Final Thoughts

Don’t let traditional lending barriers keep you from owning your first home. With a little creativity—and the right guidance—you can explore alternative paths to make homeownership a reality. Every buyer’s journey is unique, so be sure to work with a knowledgeable real estate agent or financial advisor to explore the best options for your situation.

Compliments of Virtual Results

Making an Offer on a Home: What’s Inside and Why It Matters

By Myreen Alcober

Making an Offer on a Home: What’s Inside and Why It MattersSo, you’ve found the perfect house. You’ve envisioned your furniture in the living room, checked out the neighborhood, and maybe even started dreaming about paint colors. Now it’s time to make it official—but what exactly is in an offer?

Let’s break it down, piece by piece.

1. The Offer Price

This is the big one. Your offer price tells the seller what you’re willing to pay for the home. It might match the asking price, come in under if the market allows it, or go over in competitive situations. Just remember—it’s not always about the highest offer. Terms matter, too.

2. Financing Details

Here, you’ll indicate whether you’re paying with cash or securing a mortgage. If you’re financing, sellers want to see that you’re pre-approved (not just pre-qualified). This reassures them that you’re serious and capable of closing the deal.

3. Earnest Money Deposit

Think of this as a “good faith” deposit. It shows you’re committed and gives the seller some security. This money is usually held in escrow and applied to your closing costs or down payment.

4. Contingencies

Contingencies protect you as the buyer. Common ones include:

  • Inspection contingency: Allows you to negotiate or back out if major issues are found.
  • Financing contingency: Gives you an out if your loan falls through.
  • Appraisal contingency: Ensures the home appraises for at least the offer amount.

Waiving contingencies can make your offer more attractive—but it also adds risk. Talk with your real estate agent about what’s safe for your situation.

5. Closing Date

This is when you’d like to officially take ownership of the home. It’s often 30 to 45 days from the accepted offer, but can be adjusted to fit the needs of both parties.

6. Inclusions and Exclusions

This is where you clarify what stays with the home—appliances, light fixtures, window treatments, etc. If there’s something specific you want (like that beautiful dining room chandelier), put it in writing.

7. Expiration Date

Offers don’t last forever. Including an expiration date keeps things moving and encourages a timely response from the seller.

Final Thoughts

Making an offer is more than just choosing a number—it’s about presenting a complete package that makes the seller say yes. With the right preparation, guidance from your real estate agent, and a clear understanding of what goes into an offer, you’ll be one step closer to unlocking the front door of your new home.

Compliments of Virtual Results

Small Space, Big Impression: How to Make a Tiny Home Feel Spacious for Buyers

By Myreen Alcober

Small Space, Big Impression: How to Make a Tiny Home Feel Spacious for BuyersWhen it comes to selling a home, size matters—but perception matters even more. If you’re working with a small space, there’s good news: with the right strategies, you can make your home feel much larger than it actually is. It’s all about maximizing space, minimizing clutter, and using visual tricks that leave a lasting impression.

Here are some tried-and-true tips to help small homes feel big and bright to potential buyers:

  1. Declutter Ruthlessly

    The first step to opening up any space is getting rid of the excess. That means removing unnecessary furniture, personal items, and anything that makes the room feel cramped. Go for a minimalist vibe—less is definitely more.

  2. Use Light Colors and Natural Light

    Bright, neutral paint colors like whites, creams, and soft grays make a space feel open and airy. Dark shades can shrink a room, while light reflects more natural light, making everything feel more expansive. Maximize natural light by keeping window treatments simple or sheer.

  3. Mirrors Are Magic

    Strategically placed mirrors can double the visual size of a room. Hang a large mirror opposite a window to reflect light and create the illusion of depth. It’s an easy and affordable way to add brightness and space.

  4. Furniture That Fits (and Floats)

    Scale matters. Choose furniture that suits the size of the room—oversized couches and bulky pieces can overwhelm a small space. And don’t be afraid to float furniture away from walls; giving pieces some breathing room can actually make the room feel larger.

  5. Create Clear Zones

    Open-concept layouts are popular, but undefined spaces can feel chaotic. Use rugs, lighting, and furniture placement to define distinct areas (like dining, relaxing, or working). When buyers can see how every inch of space can be used, the home feels more functional and spacious.

  6. Keep It Cohesive

    A unified color scheme throughout the home helps create flow, which visually expands the space. Avoid jarring transitions between rooms—opt for similar tones and materials to maintain a harmonious feel.

  7. Go Vertical

    Use vertical space to your advantage. Tall bookcases, vertical storage solutions, and wall-mounted shelves draw the eye upward, giving the impression of higher ceilings and more volume.

  8. Stage for Lifestyle

    Help buyers envision themselves living in the space. A cozy reading nook, a tidy home office corner, or a well-organized kitchen setup can help them see that small doesn’t mean sacrificing comfort or style.

Final Thoughts

Even the smallest home can make a big impact when staged correctly. By making smart design choices and highlighting the home’s strengths, you can create a space that feels welcoming, open, and full of potential—no square footage required.

Compliments of Virtual Results

The Price is Right: How to Sell Your Home Fast and Maximize Profit

By Myreen Alcober

The Price is Right: How to Sell Your Home Fast and Maximize ProfitWhen it comes to selling your home, pricing can feel like a guessing game. Price too high and your home may linger on the market; price too low and you risk leaving money on the table. So how do you strike the perfect balance between a quick sale and a solid return?

The answer lies in understanding your market, timing, and buyer psychology—and using all that insight to craft a pricing strategy that works.

Why Overpricing Can Backfire

It’s tempting to shoot for the stars with your asking price, especially if you’ve poured time, energy, and love into your home. But today’s buyers are savvy. They’ve done their homework, and they’re likely to skip over listings that seem overpriced.

An overpriced home often sits on the market longer, which can lead to multiple price drops and, ironically, a lower final sale price than if it had been priced competitively from the start.

Why Underpricing Isn’t Always a Bad Thing

On the flip side, some sellers opt to list slightly under market value to generate buzz and attract multiple offers. In hot markets, this strategy can create a bidding war, potentially pushing the final sale price above asking. But it’s a fine line to walk—and one that requires expert guidance.

Know Your Local Market

The best pricing strategy depends on your local market conditions. Is it a buyer’s market or a seller’s market? Are homes selling quickly in your area? Are buyers looking for move-in ready properties or fixer-uppers?

An experienced real estate agent can help you analyze recent sales (called “comps”), look at days on market, and determine what pricing strategy is most likely to achieve your goals.

Think Like a Buyer

When setting your price, consider how buyers search online. Many people use price filters (e.g., homes under $500k or between $500k–$600k), so pricing your home at $499,000 instead of $505,000 might reach more eyes.

Round numbers are easy to remember, but small adjustments can make a big difference in visibility and perceived value.

The Sweet Spot: Strategic Pricing

Ultimately, the right price is a strategic mix of timing, competition, and market demand. Your goal is to price your home attractively enough to generate interest quickly, but not so low that you sacrifice your bottom line.

Sometimes that means being bold. Sometimes it means being patient. But always, it means being informed.

Final Thought

Your home’s price tag isn’t just a number—it’s a marketing tool. Getting it right from the beginning can mean the difference between a stressful, drawn-out sale and a smooth, profitable transaction.

Compliments of Virtual Results

What It Really Costs to Sell Your Home—And How to Keep More in Your Pocket

By Myreen Alcober

What It Really Costs to Sell Your Home—And How to Keep More in Your PocketSelling your home can be exciting—especially if you’re upgrading, downsizing, or relocating for a new adventure. But before you mentally cash that check, it’s important to get a clear picture of what it actually costs to sell a house. Spoiler alert: it’s more than just the agent’s commission.

Here’s a breakdown of the most common costs sellers face—and tips to help you minimize those expenses and avoid getting blindsided.

1. Agent Commissions (5–6% of Sale Price)

This is usually the biggest cost, with most sellers paying both the buyer’s and seller’s agent fees. On a $400,000 home, that’s $20,000–$24,000 right off the top.

Money-Saving Tip: Some agents offer tiered or flexible commission rates. Or, if you’re comfortable with the process, a flat-fee or discount brokerage could save you thousands.

2. Home Repairs and Improvements

Whether it’s repainting, replacing carpet, or fixing that leaky faucet, most buyers expect a move-in-ready home. Pre-sale repairs can add up quickly—sometimes to several thousand dollars.

Money-Saving Tip: Focus on high-impact, low-cost improvements like curb appeal, lighting, and deep cleaning. And consider a pre-inspection so you’re not surprised later.

3. Staging and Photography

Professional staging and photography can help your home sell faster and for more—but they’re not always cheap. Staging alone can run from $500 to $2,000+.

Money-Saving Tip: Declutter and rearrange furniture yourself for a “DIY stage,” and hire a photographer with a real estate background—many bundle services for less.

4. Closing Costs (1–3% of Sale Price)

Yes, sellers have closing costs too. These often include title insurance, escrow fees, transfer taxes, and even prorated property taxes.

Money-Saving Tip: Negotiate what fees you’ll cover. In a hot market, buyers may be more willing to shoulder some of the costs to secure the deal.

5. Concessions and Incentives

Buyers may ask for help with their closing costs, a home warranty, or credits for repairs. While these help close deals, they eat into your net profits.

Money-Saving Tip: Anticipate common requests and build wiggle room into your pricing strategy so you don’t end up short.

6. Capital Gains Taxes (Sometimes)

If you’ve lived in your home for at least two of the last five years, you can exclude up to $250,000 (or $500,000 if married) in profit from taxes. But if you don’t meet that requirement, you could owe.

Money-Saving Tip: Talk to a tax pro before you sell. There might be deductions or exemptions that apply to your situation.

Bottom Line

Selling your home comes with costs—some predictable, some not-so-obvious. The good news? With a little planning and the right advice, you can avoid surprises and walk away with more in your pocket.

Thinking about selling soon? Reach out—I’m happy to help you navigate the process and make the most of your home’s value.

Compliments of Virtual Results

Hopping Into Spring: Easter Tips for Homeowners and House Hunters

By Myreen Alcober

Hopping Into Spring: Easter Tips for Homeowners and House HuntersSpring has officially sprung, and with it comes the joy, color, and renewal that Easter brings! Whether you’re settling into a new home, preparing to sell, or just soaking up the springtime vibes, Easter is the perfect time to refresh your space and your mindset. Here are a few ways to celebrate the season—real estate style!

1. Spring Curb Appeal: First Impressions Matter

Easter is a great reminder that first impressions count—just like curb appeal when you’re buying or selling a home. Freshen up the front yard with bright flowers, a new welcome mat, or even a pastel-colored wreath to create a cheerful entryway. It’s amazing how a few touches can make a home feel warm and inviting!

2. Easter Decor That’s Real Estate Friendly

If you’re staging a home during the Easter season, a few subtle nods to the holiday can help make it feel cozy. Think fresh tulips in a vase, a bowl of pastel eggs on the kitchen counter, or even a spring-scented candle. Just keep it minimal—clean and seasonal sells best!

3. House Hunting? Use the Long Weekend Wisely

Easter weekend often gives people a little extra time off—perfect for house hunting! If you’re in the market, take advantage of the slower pace to explore open houses, neighborhoods, or plan some virtual tours. Spring is one of the busiest real estate seasons, so it’s a great time to jump in.

4. Hosting Easter in Your New Home?

If you’ve recently moved in, hosting Easter can be a beautiful way to celebrate your fresh start. Whether it’s a backyard egg hunt or a small brunch with loved ones, making memories in your new space is what turning a house into a home is all about.

5. Looking Ahead: Why Spring is Prime Time to List

If you’re thinking about selling, now is the moment. Buyers are motivated, daylight lasts longer, and homes just show better with natural light and blooming landscapes. Easter is all about new beginnings—maybe it’s time to start yours with a new address.

Happy Easter from all of us!

Whether you’re decorating eggs or drafting contracts, may this season bring you joy, fresh starts, and maybe even your dream home.

Compliments of Virtual Results