July 2018

Whether an owner is updating a home to enjoy it more or whether upgrades are being done in order to better “flip” it, homeowners want to get their best return on investment (ROI). Of course, improvements make a home easier to sell as well, but the more one can anticipate getting back from their home improvement investment, the easier it is to spend the money improving it.

While some homeowners may anticipate getting everything they put into their home back someday, every home improvement has its own likely ROI. Some are higher than others. Which are the ones that historically bring back higher returns upon resale?

Landscaping

Various professional organizations place landscaping at the top of the home improvement ROI list including the

A drone can be an effective marketing tool in real estate when used correctly. The video drones capture can inspire more buyers to come to an open house or set up a private showing. While drones have been used in the past to sell luxury homes with acreage, the technology is beginning to look more promising for other types of real estate. There are many ways a home seller can use a drone to their marketing advantage.

The Legalities of Drones

While drones have been the subject of many debates, the FAA declared that they were allowed to be used by real estate agents in 2016. However, there are some restrictions placed on drone use though that sellers must adhere to. For example, the drone can only fly during daylight hours and it cannot fly more

While the bathroom is one of most of the most vital parts of the home, it is has often been overlooked concerning ambiance and decor. However, when it comes to renovation projects, bathroom remodeling is second only to kitchen upgrades these days—and for good reasons. Not only can current owners enjoy this updated space, but certain bathroom improvements including those discussed here can offer a high return on investment (ROI) when the time to sell arrives. According to expert's research, smart midrange and upscale bathroom remodels can allow sellers to see an average ROI of 62 percent of their investment costs.

Invest in Timeless Flooring

There are many types of flooring for homes, though some work better for bathrooms and kitchens due to

Selling a home for less than what is owed is called a short sale. While homeowners may choose to sell their homes underprice for a variety of reasons, there are a number of restrictions and considerations to keep in mind before selling a short sale. With this information, sellers will understand what a short sale means and what to expect from one.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Why Do People Choose a Short Sale?

Sometimes, homeowners need to sell a home, but they owe more on the mortgage loan than what the home can sell for. Selling a home for less than what is owed on the loan is called a short sale.

Although homes tend to

While some may see the restrictions when living in a Homeowner Association (an HOA) community, others often appreciate the advantages of an HOA community. There are many reasons people choose to live in a community governed by a specific set of rules. Home buyers often choose a home located in an HOA community when first looking for a home or when looking to downsize from a larger home.

It's important for home buyers to understand and learn about an HOA's health before buying a home. Not all HOAs are alike, with some being poorly managed by board members while others are very strong. HOAs can have effects on a homes property values, as well as offer homeowners within the HOA amenities other neighborhoods may not have.

HOAs and A Homes