Home > Blogs > Michelle Green's Blog
26,521 views

Michelle Green's Blog

By Michelle Green | Agent in Parma, OH
  • Selling Your Parma OH Home by real estate expert Michelle Green

    Posted Under: General Area in Parma, Home Buying in Parma, Home Selling in Parma  |  April 2, 2012 11:01 AM  |  1,722 views  |  No comments

    When it comes to putting your home on the market for sale, there are many different considerations to make. In fact, it can be a frustrating and challenging time as you prepare to get your home in shape to go on the market. No one knows this better than local real estate agent Michelle Green.

    There is no question that the real estate market all over the country has been challenging for the last couple of years. Michelle Green says that this is why it is more important than ever to make sure that your home is in proper condition to be put on the market for sale.

    Sometimes, sellers can be emotionally attached to their home in such a way that they might not see what needs to be repaired or replaced before listing a home for sale. This is where a professional and experienced real estate agent becomes a necessity.

    What home sellers don't often understand about Parma OH real estate agents is that they are on the ground each and every day looking at homes and assessing the competition. In other words, they regularly see who your competition is on the market and can help you make your home look as good as possible to give it the best chance of selling.

    In fact, real estate agents have a list of qualities that the home should have to make it the most salable. They may be able to give you tips and tricks on ways that you can stage your home to create the appearance of more space, for instance. These tips can be invaluable for a home seller who needs to get their home sold quickly.

    There is a lot of great free information available to you about buying, investing or selling in Parma OH real estate. For more information about the Parma OH real estate market, visit the website that provides information on current homes for sale, property values and more at MichelleWillSell.com. You may also feel free to contact me with all of your real estate or mortgage related questions at 440-342-0269.

  • The Number One "Trigger" to Quickly Get a Buyer to Make an Offer on Your Parma OH Real Estate

    Posted Under: General Area in Parma, Home Buying in Parma, Home Selling in Parma  |  April 2, 2012 10:57 AM  |  1,712 views  |  No comments

    The Number One "Trigger" to Quickly Get a Buyer to Make an Offer on Your Parma OH Real Estate

    What is it exactly that sells Parma OH real estate? Is it the price? Is it design? Is it the kitchen, bedroom, or the bathroom? In reality, it's none of these. What really sells Parma OH real estate are the buyer's emotions. In order to sell your condo quickly, it's very important to learn to trigger your buyer's emotions. Based on years of experience in the Parma OH real estate market, here I'll share with you some of the best ways I know to get an emotional response from a buyer.

    Appealing to Emotions - The First Impression
    The first impression of your home will most likely be the most powerful impression you'll make on your buyer.

    The first impression isn't a conscious, rational decision. When a buyer first sets eyes on your home or sets foot in your home, your buyer will immediately have a reaction. That reaction could be a "Wow!" reaction, or a "There's nothing special here" reaction.
    To get that "Wow!" impression, it's important to create the best impression possible.

    Creating the Best First Impression Inside the Home
    Needless to say, once your buyer is inside everything should be in spectacular condition. The tiles should be clean, the home should be well lit and anything that needs to be repaired should be repaired.

    It also helps a lot to have a focal point. For example, an unusually beautiful ceiling. Or perhaps an amazing balcony. If there isn't naturally a focal point, you could drastically increase your chances of a sale by creating one.

    There is a lot of free information available to you about buying, selling or investing in Parma OH real estate. For complete information about the Parma OH real estate market including current homes for sale, values, and more please visit the most complete website online dedicated to everything Parma OH real estate at MichelleWillSell.com. Contact Michelle Green with any of your real estate or mortgage related questions at 440-342-0269.

  • Practical House Selling Tips for Houses in Parma OH

    Posted Under: General Area in Parma, Home Buying in Parma, Home Selling in Parma  |  March 27, 2012 1:20 PM  |  301 views  |  No comments

    As an experienced real estate agent in Parma OH, I’ve helped many clients buy and sell many houses. In this article, I’m going to reveal some of the top practical tips I’ve found to help you sell any house in the Parma OH real estate market. By the end of this article, you’ll have a very concrete idea of how you can sell your house quickly, with little to no stress.

    Stage Your House One secret that real estate agents don’t like to share is how much better a staged home does than a home that isn’t staged. Staging a home may seem like a daunting task for someone who’s never done is before, but it’s really just a process that takes a few simple steps.

    1.Making repairs. Any repairs that need to be done on any part of the house, the floor, the fixtures or the appliances should be done before showing the house.

    2.Clean out your stuff. Put anything that doesn’t belong into storage.

    3.Make your house really sparkle. Make the front yard beautiful, have the carpets steam washes, have the windows wiped every day.

    Price it Right Choosing the right price is very important. If you price it too low, you’ll make too little from the sale. However, the big downfall of most sellers is pricing too high. The logic behind pricing high is that “If it doesn’t sell, we can always take a lower offer.” However, a price that’s too high often just scares away potential buyers instead. Pricing your house correctly is very important.

    Choosing a Great Real Estate Agent Working with a good real estate agent will make your home selling experience much smoother and much faster. Furthermore, you’ll save on average 16% over selling to FSBO, which more than recoups for the commission. Choosing a good real estate agent can be tricky. You want to find an agent who’s experienced in the Parma OH area. You want to find an agent you can trust. You want to find an agent who can both market and sell. If you haven’t found an agent in Parma OH who meets your needs, why not give me a call for a free consultation? I can be reached at 440-342-0269.

  • Important Tips on Buying Your First Foreclosed Property in Parma OH by Real Estate & Investing Expert Michelle Green

    Posted Under: General Area in Parma, Home Buying in Parma, Home Selling in Parma  |  March 27, 2012 1:15 PM  |  299 views  |  No comments

    Buying foreclosed properties is getting more popular and more profitable every day. There are dozens of foreclosed properties hitting the Parma OH market every day. These properties can be both gold mines and land mines. In this article, we'll go over several simple tips to help ensure that your first foreclosure purchase is a successful one.

    Opt for a Low-Repair Property for Your First Deal
    We've all heard about people who make thousands of dollars buying fixer foreclosures and fixing them. The reality is, however, that doing such a deal requires a high degree of expertise.

    Do you know how to fix a broken roof? Can you estimate how much it would cost to replace an entire shed? Can you estimate how much the repairs will cost and compare it to your selling price in the end?

    Although you can make a lot of money doing fixers, you can also make a lot of money just by buying foreclosed properties, doing minor cosmetic repairs and selling them again. For your first foreclosure deal, look for houses that don't require much work so you can get some experience under your belt.

    Research the Nearby Market
    There are generally three reasons you'd buy a foreclosure: To rent out, to sell or to live in. If you're buying to repair and rent out or sell, then market research is absolutely essential.
    If you're buying to rent, it's important to know what other properties in the nearby area are renting for. It's also important to know what the vacancy rates are. Based on these numbers, you can accurately predict what your cashflow will be like.

    If you're buying to sell, it's important to know what you can expect to sell your property for once your repairs are completed.

    You should know these numbers before you make your purchase. Remember that with any real estate investment, the profit is made on the buy end, not the sell end. You must know how much your property is worth or how much you can rent it out for before you can make a profitable investment.

    These tips will help you avoid some of the biggest pitfalls beginning investors tend to fall into with their first investments. Foreclosures can be a very lucrative business, but it also has its dangers.

    There is a lot of free information available to you about buying, selling or investing in Parma OH real estate. For complete information about the Parma OH real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Parma OH real estate at MichelleWillSell.com. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 440-342-0269.

  • Which House Is The Right House? Tips From Parma OH Real Estate Expert Michelle Green

    Posted Under: General Area in Parma, Home Buying in Parma, Home Selling in Parma  |  March 20, 2012 12:32 PM  |  211 views  |  No comments

    Which House Is The Right House? Tips From Parma OH Real Estate Expert Michelle Green

    When you are looking to buy a home in there are certain things that you are looking for. For instance, it may need to have a large kitchen or a yard big enough for the kids. So what happens when you find more than one home with everything you want?

    First, you have to understand that you will find the right house in good time. You cannot rush it or you may suffer the possibility that you chose in haste. You just have to remember when you find it you will know. As soon as you walk in the front door it will have your full attention and you won't want to leave. If you have to talk yourself into a home then it is the wrong one.

    You have to weigh all of the features of a home in order for it to be in the running. Location should have been determined before you even looked so it is going to come down to features. You have to be able to see yourself turning into the driveway every night. So how do you eliminate some of the choices?

    The best way to do this is take out a piece of paper and write the good and bad qualities of each home. Having good notes and pictures helps considerably. This may take awhile and you want the input of everyone that will be living there. Some people notice features that others may have overlooked.

    You may have to see several of the Parma OH homes again to compare, but that's okay. This is a very important decision and one that cannot be taken lightly. In fact, it will help you look for more details that may have been missed before.

    Schools are a big deciding factor as are neighborhoods. You have to think of resale value and both of these are key issues. The last item that may decide for you, if it is that close, is the commute. A farther drive may actually be worth it in the end if a house really is "the one".

    To find the next perfect home for you, contact Parma OH real estate professional Michelle Green at 440-342-0269.

  • Which Mortgage Do I Choose When Buying a Home in Parma OH?

    Posted Under: Home Buying in Parma, Home Selling in Parma, Financing in Parma  |  March 20, 2012 12:28 PM  |  314 views  |  No comments

    Key Questions to Ask Yourself and Lenders When Shopping for a Mortgage in Parma OH!

    Traditional Fixed Rate Mortgage? Graduated-Payment Mortgage? Adjustable Rate Mortgage? FHA Mortgage? Two-Step Mortgage? You are wondering which kind of mortgage is best.

    The answer: There is no one correct answer. Deciding which type of mortgage will best fulfill your needs can be difficult. There are so many types of loans and different term lengths in Parma OH. Your choice is extremely important and can take some time and effort to research.

    While often neglected by home-buyers when looking in Parma OH, a little research before choosing your mortgage can save you thousands of dollars in the long run.
    There are several elements of a loan that should be analyzed. While one of these elements may suggest one type of loan, another may call for a different type. You must weigh each ingredient separately and collectively.

    You will find that your answers to the questions below will ultimately determine the type of mortgage in Parma OH that best fit your needs. How long do you plan to stay in your Parma OH home? Five years? Ten years? Thirty years?

    The length of time you will be in the home will certainly play a part in determining which loan to apply for. If you only plan to be in the home for 5–7 years or less, you should seriously consider an adjustable rate loan. If you intend on staying 20–30 years, a fixed rate mortgage may be right for you.

    How much risk are you willing to accept?-If you are the type of buyer that needs to know exactly what you will be paying each month for the term of the mortgage, a fixed rate mortgage will fulfill this need. The fixed rate loan, however, will also net a higher interest rate.

    If you are willing to take some risk of fluctuations in the interest rate, may receive a lower interest rate. What are your income expectations?-Plan for the future. Do you anticipate a gradual or dramatic increase in your income in the next few years? If you expect a big increase, a graduated payment mortgage may be best for you.

    How much cash do you have available for up-front costs?-If you have the resources, you may want to make a larger down payment to lower your monthly payment. By keeping a higher monthly payment however, you might be able to shorten the term of the loan to a 15-year loan in order to pay it off quicker.

    Keep in mind that you’ll have closing costs and fees to pay in addition to your down payment. If you don’t have much cash saved for your up-front costs, don’t despair. You may be forced to accept a higher monthly payment or could even lower your monthly obligation by choosing an adjustable rate mortgage.

    In addition to choosing a type of loan, you must also consider which lender to use. Once again, several factors of a loan will influence your decision.

    Annual Percentage Rate (APR)-This most likely is the best way to make an "apples-to-apples" comparison of lenders. The APR reflects the cost of credit on a yearly rate and includes any points and fees in addition to the interest rate.

    Interest Rate-Find out the rate the lender will commit and how long the lender will guarantee it. Get any commitments in writing. As with any transaction, if it isn’t in writing it doesn’t exist.

    Points and fees-These factors will vary greatly. Look out for hidden fees. Make sure the lenders disclose all fees; ask what they charge and what is included and what is not.

    Loan Approval-Both approval and funding time should be considered. You don’t want to lose a prospective home because your lender takes weeks to fund your loan. A lender should be able to fund the loan within ten days.

    There is a lot of free information available to you about buying, selling or investing in Parma OH real estate. For complete information about the Parma OH real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Parma OH real estate at MichelleWillSell.com. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer your queries. Call me on my cell at 440-342-0269.

  • Is it Necessary to Use a Realtor to Sell Your Home in Parma OH?

    Posted Under: General Area in Parma, Home Buying in Parma, Home Selling in Parma  |  March 13, 2012 10:06 AM  |  241 views  |  No comments

    Can a Realtor really help you sell your house in Parma OH more quickly. Is it worth paying the commission to have a Realtor sell your home in Parma OH? If you decide to use a Realtor how do you decide on the best one for you? Find out in this special report.

    SPECIAL REPORT:
    Michelle Green Discuses Whether it is Necessary to Use a Realtor to Sell Your Home Parma OH?

    Selling your home in Parma OH can be one of the most profitable sales you ever make in your life. But one of the most important decisions can be deciding whether to sell the house yourself or to use a Realtors service in Parma OH to help sell it for you.

    First let’s take a look the main benefit of selling your house in Parma OH yourself. The main benefit is that you don’t have to pay a Realtor’s commission which is usually between 6-8% of the sale price.

    This can be a huge chunk of money. On a $200,000 sale that comes out to $14,000 that will come out of your sale to the Realtor(s) in a sale with a 7% commission rate.
    In most home transactions with a Realtor you are actually splitting the commission between two Realtors. Seller’s agents actually list the property and get a little more than half the commission for being the listing agent on the sale.

    Buyer’s agents are Realtors that work directly with the home buyer in helping them to find a property in Parma OH and they will get a little less than half of the Realtor commission for finding the buyer for the property and helping them through the purchase process.
    The thing is that the seller of the property is actually paying both of these commissions out of the proceeds of the sale.

    Now keep in mind that most home buyers in Parma OH are working with a buyers agent, so in a lot of cases you can still end up paying 3-4% of the sale price to a Buyer’s Realtor even if you are selling the house yourself without a listing agent.

    Decide how much free time you have to show the property, market the property and answer phone calls. You may enjoy the home selling process and want to take care of the sale yourself, but if you don’t have the time and energy to put into the sale of your home in Parma OH and you aren’t particularly knowledgeable about selling houses you may want to consider listing the house with a Realtor.

    The main benefit that you get from listing your house with a Realtor is that it goes straight into the multiple listing service. The “multiple” is the resource that every Realtor in the nation uses to look at properties for sale that are listed. You can see how the listings work online for the consumer at Realtor.com.

    Once a property is listed in the multiple, every buyers agent in your town has access to it. Most Buyers agents with clients are going to the multiple listings at least once a day or more to keep current on the latest properties that may fit their client’s needs.

    Any Realtor can look up whatever specifics they want on a property search. If they are looking for a 3 bedroom 2 bathroom house with a fireplace in Central neighborhood the computer will bring up every property that is for sale that fit those criteria.

    Another benefit that you may want to consider in whether to list your property or sell it yourself is that a good real estate agent may have much better negotiating skills when it comes to selling your house in Parma OH for you.

    They can bring up points that you may not think up your self that will help to increase the desirability of your house in Parma OH or some easy ways to increase the value before you actually list it.

    Now if you decide to use a Parma OH Realtor there are some important questions to ask when interviewing them for the job. Remember that although they are the real estate professional, you are still the one hiring them for the job. So make sure you get all your questions answered to your satisfaction before signing on the dotted line.

    Ask how many houses in Parma OH they have sold in the past 12 months. Right off the bat you will know how serious they are about their business.

    Find out how long they have been an agent. There are many agents that come in and out of the business. Turn over can be pretty great in the real estate business. You want to make sure you are working with a total professional, if you are going to sell your house in a timely manner.

    Find out what they generally charge for commission. Some agents go for a lower listing commission to try and get your business selling the fact that you will save money using them. The fact is that a higher commission will many times gain the interest of other buyers agents and they will be more inclined to show these houses first to their prospective clients.

    In weighing the decision to sell your home in Parma OH you may want to consider putting the property up on the market by yourself for awhile. You can always list it later if it does not sell initially.

    Take into account that you could drop your price 3-8% for a quicker sale if you need to sell quickly. Then you raise the price later if you list the property with a Realtor. Many times the reason a house will not sell for sale by owner in Parma OH is simply because they don’t have the marketing available that Realtors do.

    The decision is up to you. Weigh the pros and cons. Decide on what outcome is most important to you in selling your property in Parma OH and how much time you have to devote to selling your house yourself as opposed to having a Realtor do the work for you.
    There is a lot of free information available to you about buying, selling or investing in Parma OH real estate. For complete information about the Parma OH real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Parma OH real estate at MichelleWillSell.com. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer your questions. Call me on my cell at 440-342-0269 or email me at michellegreenrealtor@gmail.com

« Read older posts
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer