Kimberley Martin - Pelletier Realty Group



Posted by Kimberley Martin on 7/14/2019

Adding a residence to the real estate market can be stressful, particularly for a first-time home seller. Fortunately, we're here to help you maintain a positive outlook as you await offers on your house.

Now, let's take a look at three tips to help a first-time home seller remain calm, cool and collected after he or she lists a residence.

1. Set Realistic Expectations

Although a first-time home seller might expect dozens of offers in the days following a house's addition to the real estate market, it may take some time to stir up interest in a residence. However, a home seller who establishes realistic expectations from the get-go will know how to stay the course throughout the property selling journey.

A first-time home seller should understand both the best- and worst-case scenarios. That way, a home seller will know how to respond to any potential pitfalls that may arise.

Furthermore, a first-time home seller should have a plan in place for what will happen after a home offer is accepted. This will ensure a home seller is fully prepared to vacate a house as quickly as possible.

2. Learn About the Housing Market

The housing market is exceedingly complex, especially for those who are selling homes for the first time. Conversely, a first-time home seller who takes a diligent approach can gain the real estate market insights to make confident decisions.

For example, a first-time home seller should analyze the competition closely. By looking at the prices of similar houses that are available, this home seller can establish a competitive price for a house and increase his or her chances of a quick home sale.

A first-time home seller also should check out the prices of recently sold houses in his or her city or town. By doing so, this home seller can find out whether he or she is entering a buyer's or seller's market and plan accordingly.

3. Collaborate with a Real Estate Agent

Selling a home may seem like a simple process on paper, but challenges can quickly arise that prevent a first-time property seller from achieving his or her desired results. But with support from a real estate agent, a first-time home seller can get the assistance that he or she needs to remain confident at each stage of the property selling journey.

A real estate agent understands the challenges associated with selling a house and will help a property seller avoid such problems. In fact, a real estate agent is happy to provide expert guidance to help a first-time home seller operate like a home selling professional.

Perhaps best of all, a real estate agent will respond to a first-time home seller's concerns and queries. This guarantees a home seller can obtain unparalleled insights into how to set a competitive price for a residence, how to bolster a house's interior and exterior and much more.

Want to keep things positive as you proceed along the home selling journey for the first time? Use the aforementioned tips, and you can maintain a positive outlook as you navigate the home selling cycle.




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Posted by Kimberley Martin on 7/7/2019

There's a lot of excitement when buying a first home. One of the most important things to look into that doesn't necessarily come naturally to most, is knowing your neighbors. In today's society and culture, people are reluctant to form relationships. Technology has played a role in the detriment, but on the flip side, it has enhanced the interactions amongst a community. Knowing your neighbors can also serve as a security measure. If you are aware of those around you, you are more likely to feel safer in your new community. Here are some practical ways to navigate a new community and neighborhood.

First thing in the house buying process is knowing what type of neighborhood someone would be interested in. If the goal is to move into a community where your family could grow, then living in a family-oriented neighborhood is vital. Drive by the area to see if children are playing outside and if there's a school nearby. On the contrast, for someone who is heading into retirement, maybe living in a community with other retirees would be a better-suited community.

If it's a community that you've recently moved into, don't be afraid to strike up a conversation when you see someone outside walking their dog or mowing their lawn. Most people are curious to know who the new neighbor is when they look at moving trucks pull up to the house. Chances are they are ready to get to know you and they aren't sure how to go about it. If there is a garage sale going on, head over to introduce yourself. Score points by making a purchase or two. One man's trash can turn into someone else's treasure.

The third thing is to check out if the neighborhood has a community watch group or social media page already set up. Most areas have a neighborhood watch group that the residents can be a part of. There are apps such as Nextdoor and WelcomeWagon that allow users to keep up with activities in their neighborhood. These apps are geared specifically for people that live in a common residential area. 

Lastly, everyone loves a good party! House warming parties normally are for friends and family to stop in and check out the new home. This opportunity could be taken to invite those that live in the neighborhood as well. While leaving an invitation on a doorstep could pass as an acceptable invite, a personal touch would be to invite a neighbor face to face. Everyone on the block does not need an invitation, but a few houses on the same street or across the street should do.

The critical thing to remember is that moving into a new home means new faces to meet. Relationships can form over time that can become lifelong interactions. Knowing your neighbor is not just about socializing, but it's about establishing a community of support.




Tags: homebuyers   neighbors   community  
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Posted by Kimberley Martin on 6/30/2019

Curb appeal is a difference-maker during the home selling process. If you understand how to upgrade your residence's curb appeal, you may be better equipped than ever before to enjoy a fast, profitable house selling experience.

Now, let's take a look at three tips to help you improve your house's curb appeal.

1. Prioritize Lawn Care and Maintenance

If your lawn is covered in weeds and high grass, it may be overdue for a trim. Fortunately, you can mow the lawn, trim the hedges and perform assorted home lawn care and maintenance tasks to upgrade your residence's curb appeal in no time at all.

Of course, if you want expert lawn care assistance, you can always hire a home landscaping company. A typical home landscaping company employs friendly, knowledgeable lawn care specialists who can help you improve your lawn and bolster your house's curb appeal.

2. Eliminate Clutter

Lawn decorations may help you differentiate your home from others in your neighborhood. At the same time, these decorations may actually diminish the appearance of your home in the eyes of potential buyers. Also, lawn decorations may make it tough for buyers to envision what life may be like if they purchase your residence.

Remove lawn decorations, because if you have a clutter-free lawn, you can show buyers the true size and beauty of your lawn. And as a result, buyers may fall in love with your residence as soon as they see it.

3. Perform Home Exterior Repairs

If you notice cracked or chipped siding or other home exterior issues, don't wait to correct these problems. Because the longer you wait to perform home exterior repairs, the longer it may take to sell your residence.

For those who are uncomfortable about completing home exterior repairs on their own, it may be beneficial to hire a contractor. This professional will dedicate the necessary time and resources to ensure your home's exterior will impress buyers.

As you search for ways to improve your house's curb appeal, you may want to hire a real estate agent as well. In addition to offering recommendations about how to bolster your home's overall appearance, a real estate agent can serve as an expert guide along the property selling journey.

A real estate agent is happy to help you list your house, promote it to prospective buyers and host home showings and open house events. Plus, if you receive an offer to purchase your residence, a real estate agent can provide recommendations about whether to accept, reject or counter this proposal. A real estate agent will even negotiate with a buyer's agent on your behalf so you can maximize your house sale earnings.

Spend some time upgrading your residence's curb appeal Ė you'll be glad you did. If you can improve your home's curb appeal, you may be able to stir up lots of interest in your residence and reap the benefits of a quick, seamless house selling experience.





Posted by Kimberley Martin on 6/23/2019

Moving is an exciting time. Whether youíre moving across town, state or country you get to create a clean slate to build your home and life upon. But for children, this can be a confusing and scary time. Routine and familiarity are comforting for children and a move shakes up the very foundation they are used to.

But you donít have to leave your child in the dark. There are several things you can do to help better prepare your child for the big move. By taking the time to spend with your child discussing the changes ahead. As you start house hunting and throughout the moving process involve your child where possible.

Keep an open dialogue with your child. Ask them what they are excited for and what their fears may be. Collect books either from the library or for your family bookshelf on stories about moving. Reading stories helps children process their feelings and become more familiar with the process. Using storytime is a great way to create a natural conversation about moving with your child.

If possible bring your child to walk or ride their bike around the new neighborhood. Take note of any parks, playgrounds or schools in the area your child may be interested in. If they have a hobby such as dance or soccer look up information about the classes and teams. Talk about the similarities and differences they will experience.

Take the time to research information about the new school they will be attending. What will be the same? What will be different? Ask if your child has any specific questions for you to seek out answers while you do your research to help ease them into the transition. 

Assure your child they will be able to stay in touch with friends and family. Collect contact information from their friends as well as the form of communication their parents are comfortable with. Offer options like sending letters, scheduling video chats and visiting the area. 

Even if youíre child is especially excited about the move itís a good idea to keep things as similar as possible. Refrain from changing out furniture and bedding right away. And if possible maintain your usual schedule throughout the days and weeks ahead. Sticking to a familiar routine will be soothing for your child as they transition to their new environment.

Moving is a big change for children and often their first major life transition. And while they may feel confused or scared you can ensure they feel understood. By keeping an open conversation with them throughout the process you can cater to bother their excitement and fears. A new home can create both a clean slate and more importantly an opportunity to bring your family even closer together.




Tags: preparation   moving   children  
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Posted by Kimberley Martin on 6/16/2019

The process of closing on a home can seem lengthy and complex if itís your first time buying or selling a house. There are several costs and fees required to close on a home, and while itís up to the individuals to decide who covers what costs, there are some conventions to follow.

In this article, weíre going to talk about closing costs for selling a house and signing on a mortgage. Weíll discuss who pays what, and whether there is room for negotiation within the various fees and expenses.

But first, letís talk a little bit about what closing costs are and what to expect when you start the process of buying or selling a home.

Closing costs, simplified

If youíre just now entering the real estate market, the good news is you can often estimate your closing costs based on the value of the property in question. You can ask your real estate agent relatively early on in the process for a ballpark figure of your costs.

Closing costs will vary depending on the circumstances of your sale and the area you live in. In some cases, closing costs can be bundled into your mortgage, such as in ďNo Closing Cost Mortgages.Ē However, avoiding having to deal with closing costs often comes at the expense of a slightly higher interest rate.

If you are planning to buy a house and have recently applied for a mortgage, laws require that your lender sends you an estimate of your closing costs within a few days of your application.

Now that we know how closing costs work, letís take a look at who plays what.

Buyer closing costs

In terms of the sheer number of closing costs, buyers tend to have the most to deal with. Fortunately, your real estate agent will help you navigate these costs and simplify the process.

They can range from two to five percent of the cost of the sale price of the home. However, be sure to check with your lender for the closest estimate of your closing costs. Itís a good idea to shop around for mortgage lenders based on interest rates as well as closing costs charged by the lender.

Here are some of the costs you might be asked to pay as a home buyer:

  • Appraisal fees

  • Attorney fees

  • Origination fees

  • Prepaid interest or discount points

  • Home inspection fee

  • Insurance and Escrow deposits

  • Recording fees

  • Underwriting fees

Seller Closing Costs

While the seller pays a larger amount of closing costs, sellers still have obligations at closing that can be just as expensive. The biggest expense for sellers is to pay the real estate commission. Commission usually falls in the vicinity of 6% of the sale price of the home. This covers the commission of both the sellerís and the buyerís real estate agents. 


The main takeaway? Buyers and sellers both share the burden of closing costs. While the buyer has more expenses to take care of, the seller pays for the largest costs.







Kimberley Martin
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