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Shea Cook
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    CNE: Certified Negotiation Expert

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Archive for October 2009

Selling Your House in Rexburg ID: Tip #2

Saturday, October 31st, 2009

One key element of selling your house is having it smell good.  Seems like such a small thing but it is huge!  Here are some options to have your home smelling great:

1. By far the easiest is to light a candle.  Just be careful what scent you light.  Stick with food scents… spices in the cooler months and fruit scents in the warmer months are great.  Stay away from flowery scents (not all people like them).

2. Bake a fresh batch of cookies just before the showing.  It makes your house smell sooooooo good, and you could leave them out for the prospective buyers as a yummy treat :)   This is pretty easy to do.  You could buy pre-made cookie dough, or make a huge batch and keep cookie dough balls on hand in your freezer to use at a moments notice.

3. Nothing smells as good as a freshly cleaned house!  An easy fix is to go through your house and quickly dust everything and to wipe down all the doors and trim.  This, along with vacuuming, and your house will smell ‘spic and span’!

Using all the above options would be perfect, but not all of us have the time.  One, two or all three will do the trick.  With a little effort, your home will show well.  Let me know of any tips you have used when showing your home.

First-Time Home Buyer Tax Credit Extention Rexburg ID

Thursday, October 29th, 2009

ATTENTION ALL HOME BUYERS!!!Senators in Washington agreed Wednesday, October 28, 2009, to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some repeat buyers. 

The tax credit provides up to $8,000 to first-time home buyers but is set to expire at the end of November 2009. Senators agreed to extend the existing tax credit for first-time home buyers while offering a reduced credit of up to $6,500 to repeat buyers who have owned their current homes for at least five years. The tax credits would be available to homebuyers who sign sales agreements by the end of April 2010. They would have until the end of June 2010, to close on their new homes, according to a summary of the legislation being circulated among lawmakers.

However, there is also information that the extension of the $8,000 tax credit may be REDUCED up to 10%.  There is still time to qualify for the full and current $8,000 first-time home buyers tax credit.  A loan in Southeast Idaho can take up to 30 days to close, but there are some lending institutions that can close a loan much sooner.  First-time home buyers, call or email me today and let’s get to work!!

Looking for a Realtor in Rexburg ID

Wednesday, October 28th, 2009

Ready to buy a home in Southeastern Idaho??? Whether you arelooking in Rexburg or in Idaho Falls, or in any of the areas in between, I can definitely help you out!!!  Having been born and raised, and raising my own family in Southeastern Idaho, I have truly grown to know and love the area so much!

I am a full service realtor who thoroughly enjoys working with clients to help them find a new home.  Not only do I search the MLS over, but I also have many “special” homes that are sold to direct clients.  With so many homes available, in so many different areas, it is almost impossible to know just where to start.  Let me help you to simplify your search.  First item on the agenda is to let me know exactly what you are looking for in a home, and most importantly what you are not looking for.  Just a simple phone call, email or text is all it takes and I will quickly get back to you a list of possible properties.  It is just that easy!  Soon, you can be well on your way to owning a new home :)

Selling Your House in Rexburg ID: Tip #1

Tuesday, October 27th, 2009

Not too long ago I took some clients to go look at houses.  There were these two homes that were very similar in floor plans and square footage.  Both houses were super cute!  But one house had closets that were stuffed, cluttered counter tops, an tons of pictures & decorations on the walls.  Not only did it seem that there was not very much storage, but my buyers could not take their eyes off of all the decorations and in the end, they could not picture their ‘stuff’ in the house at all.  The other house had very few decorations and pictures, and the closets were thinned out and neatly organized.  My buyers thought that the second house was so much bigger than the first (which totally cracked me up because they were almost the exact same in square footage!)

When you are selling your home, “decluttering” is a must!  Here are a few tips that may help you out:

1. Go through all your kitchen and bathroom cabinets.  Throw away anything expired.  And box up anything that you do not use very often.

2. Go through all of the bedroom closets.  Box up any non-seasonal items, for example:  If it is summer, box up all your winter clothes, coats, boots and shoes.  If it is winter, box up all your summer shoes and clothing. 

3. If you have an office, now is a great time to organize paperwork and files.  Again throwing away what you don’t need (like those tax returns and electricity bills from 10 years ago! hee hee!) 

4. Organize book shelves.  Box up any books that you, or anyone in your house, are not going to be reading in the time that your house is on the market. 

5. Take a minute (maybe get a friend or neighbor to help with this) and really look at your walls.  A nice decoration or two, or three can be very flattering to a wall, but are your walls overloaded??  Just remember, less is more. 

6. Don’t neglect the garage when you are “decluttering”.  Let’s face it, those guys really like their space in the garage!  So make sure everything has a place.

Remember that the whole idea to “decluttering” your home is to make it look like there is plenty of space in your house.  If you are fortunate enough to have a place to put all these boxes of extra items somewhere in your home, just make sure that you label, in detail, what is in each box.  And also that the boxes are put away neatly.  If you just don’t have the extra storage space (which is basically most of us!), then you may want to rent a storage space.  You could even store them at a close friends, or relatives home.

Let me know of any other ideas you have for “decluttering”, and good luck with the sale of your home!!

Is Now a Good Time to Sell Your Home in Rexburg ID???

Saturday, October 24th, 2009

Timing is everything!  I have heard that phrase all of my life.  And never does it ring so true as it does in the real estate market.  From Rexburg to Idaho Falls, and in all the areas around and in between, sellers are asking themselves the same question…. “Is now a good time to sell?”

Well…. why not!?!  

When a pilot is getting ready to fly an airplane, he doesn’t just climb into the cockpit, start the engine and take off!   He must first go over a series of checklists to make sure that everything on the the airplane is in working order.  He double checks his flight patterns, and he is in direct contact with the tower throughout the whole process.  After his pre-flight list has been checked off, and he gets clearance from the tower, then he can safely fly off into the wild blue yonder.  What a process!

Selling a home is much like an airplane pilot.  You must not only have patience, but you must also be thoroughly prepared.  Among many things, you need to have a good knowledge of the housing market in your area,  have your home in top working condition and have a real estate professional to help you along the way (I know a great real estate agent!! hee hee)  Basically, you need to go over a ‘Salability Checklist’ to make sure you are prepared to sell your home.  The more checkmarks you have, the better the odds for you to sell. 

Selling your home for less is also something you need to be prepared for.  It is true that if your home was worth $250,000  a few years ago, that the value may have gone down.  It is not fun to sell for less.  Many sellers feel like they are loosing money.  However, if you look at both sides of the coin, you will see that if you are selling for less then you can turn around and buy for less.  The same would be true if the housing market was a seller’s market: You would be able to sell your home at a higher price, but then you would have to turn around and buy at a higher price.   

So… Go for it!!!  With a little patience and some adequate preparation, you can definately sell your house!!!

Tax Credit for First Time Home Buyers in Rexburg, ID

Friday, October 23rd, 2009

What a great opportunity for first time home buyers to purchase a home!!!  Those of you who are wanting to qualify for the $8,000.00 tax credit need to be aware that your deadline, of November 30, 2009, is quickly approaching.  Not many first time home buyers realize the time frame that is involved in buying a house.  The lending process (depending on your lender) can take on average from 21 days to 30 days, or more, to complete.  So make sure to visit with a lender before you go look at houses.  That way you will know three important things:

1. You will know how much you can spend on a home.

2. You will have a good estimate of the number of days needed to close your loan.

3. Your lender will then have the needed documents to quickly start the process of your loan approval.

You also need to keep in mind that after all the closing documents are signed, your home purchase still needs to fund and record before your purchase is considered closed.  Funding and recording can take up to 24 hours or more to occur.  This is the tricky part!!  You will want to try to sign all the closing paperwork no later than Friday, November 27, 2009 in order for your transaction to be considered closed by November 30, 2009.

With all that said, and to be on the safe side, you would want to have an accepted offer on a home no later than November 2, 2009 .  Whoa!!  That is not too far away!  So, be sure to double check your time frame with your lender, and feel free to call or email me with any questions that you might have with the purchase of your new home :)

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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