Smart Moves for Seniors

An Open Resource and Meetingplace for Seniors Thinking About Moving On With Their Lives and provided by Lois Patton, Licensed Real Estate Salesperson and Certified Buyer Representative with Albany Realty Group, Albany, New York. Also visit us at www.albanyrealtygroup.com or call 518-459-4564.

Wednesday, December 13, 2006

The market is in transition, its clear. Its a challenge to price a house in a transitional market. Its also a challenge to make an offer on one when change is so much the order of the day. Shifting sands don't hold still. There are still plenty of buyers interest and plenty of sellers posting signs in their yards. Some sell quickly and others last longer. We may see the return of the old "rent with an option to buy" before long if sellers become more eager to move their house along. We do see a number of "for rent or sale" signs popping up. What to do during a transitional market? Make yourself aware of the movement and sale of houses in your neighborhood and be realistic about how your house compares with those which have sold. Be as realistic as you can about what your property is actually worth in a transitional market. Price the house at a reasonable level to encourage buyers to take a closer look. You want to leave the door open for as many buyers as possible, then they can determine the market value of your house through multiple offers, if you are fortunate. We can help give you the lowdown on your street and neighborhood. Give us a call. We'll work for you!

Have a great day!

Tuesday, November 28, 2006

Astonishing results can be obtained with a can of paint. If you do nothing else to prepare your house for showing and sale, apply fresh paint to brighten and improve everything from the outside to the inside of your house. Fresh paint generally makes a good impression on prospective buyers as they compare one house to another. They'll appreciate and recognize that you have made an effort to maintain and "spruce up" your house. Recognizing that an owner has taken some extra time and effort to make it more appealing will generally do just that. Stay away from loud or distinctive colors. More neutral colors provide more opportunity for a 0rospective new owner to decorate and plan the decor to their own interest and liking. A realtor can give you some suggestions. Give us a call or drop us an email. We'll work for you.

Have a great day!

Monday, November 27, 2006

Wonder what if you waited til Spring to buy or to sell? That seems to be the conventional thinking in the housing market. The notion that you can attract more desireable buyers and/or homes by waiting seems to put many into hibernation until the Spring Thaw. By Spring other externals which impact the market, such as the Stock Market,Mortgage Rates, regional market changes and/or shifts will also have taken place which may/and could impact the selling and buying environment, so there's no guarantee that you will "do better" by waiting. The season for selling and buying is whenever interest or need dictates. You determine the best time for either activity. As realtors, we are ready and able to work in your best interest at any time of year. Give us a call and ask us any other questions you may have. We'll work for you.

Have a great day!

Tuesday, November 21, 2006

While checking realtors'websites and the newspaper's classified advertising for new listings is helpful for staying in touch with the housing market, the most up-to-date and thorough listing of houses on the market and available is the MLS (multiple listing service), which is available by working with a licensed realtor. A realtor can alert you to houses on the market which may not be advertised or included on websites, but that are,perhaps, "just what you are looking for." He or she can let you know more details about the house and arrange a showing, if you are interested in seeing it. A realtor can seek out answers to additional questions you may have, and let you know of changes and conditions or concerns with the listing as well. Do all the research you can, but check with a realtor to know the most current developments and situations in the housing market in your area.

Give us a call. We'll work for you.

Happy Thanksgiving!

Monday, November 20, 2006

Making a shift to a new style of home (condo, apartment, townhouse or RV) or location (in the same neighborhood, across town, or out of state) takes some gumption. You have to give yourself some credit for making a change and allow some transition time to adjust to the change. Moving from a house filled with memories and memorabilia can be daunting enough, not to mention costly, but locating a new and "fresh" location can bring in some good energy and enthusiasm as well. Its a trade-off, as are most things in life. You have to open one door and close another in order to move ahead. We'd be glad to help you sort through the possibilties. Give us a call or drop us an email. We'll work with you.

Have a great day!

Monday, November 13, 2006

Watch your step! The front steps of your porch or house contribute to the first impression buyers receive as they enter your front door. Steps in poor and bad repair create the sense that the house is not well-cared for and the immediate impression may contribute to scepticism about the house regardless of how well you have landscaped and manicured the inside and outside of the property. Are the railings in good repair and adequate for easy and comfortable use? The front porch and the front steps of your house are the prelude to what could be a successful sale or a longer listing period. You can make a contribution to the outcome by making certain your front steps and porch are in great shape.

We can give you other suggestions on presenting your property. Give us a call or drop us a note. We'll work for you!

Have a great day!

Monday, November 06, 2006

Brr! The chill is in the air and the heat had better be on. When you are having an Open House, you may want to crank the heat up to a comfortable level so that visitors to the Open House will feel comfortable and so notice how well the heating system is working. Making prospective buyers physically comfortable and appealing to their senses is an indirect but powerful appeal to their potential interest in your house. More important than baking bread, or boiling spices on your stove, creature comfort dictates that buyers will take more time to look over and consider a house if they are not chilly or uncomfortable in it. If you have a fireplace, you might also consider having your agent or a friend stoke and maintain a fire in the fireplace while your Open House is going on. There are resources your house may have which you may be overlooking. Ask us what other suggestions might be worth your consideration to improve your houses's appeal. We'll work for you! Stay warm.

Have a great day!