Return To Alex Reedys Homepage

For Sale By Owner

Well it’s time, you’ve decided it’s time to sell. You’ve already been to home depot and bought a sign for the front yard, FOR SALE BY OWNER. That’s fine, but do you know what will keep you legal, safe, and successful in selling? Here are a few tips to sell your home on your own in Lancaster County Pa.

  1. Sellers Disclosure- Fill this out completely and honestly, it could come back to haunt you
  2. Lead based paint addendum-For homes built prior to 1976, this is a must have.
  3. Qualify your callers who want to see the home, don’t be a pop-tart seller, don’t jump for everything that moves or calls.
  4. When someone does make an offer, be sure to fill out the dates correctly. Misplacing or not filling out  these dates can cause some real heartache and trouble.
  5. Consider what the buyer needs to do to be able to buy your home. Do they need to sell first, do they have the money ready, are they pre-qualified, have they been employed long enough, who is their lender, and why are they buying?
These may seem elementary, but they will keep you somewhat on track.  This is the tip of the iceberg, there is a lot more detail to think of, if you would like a full picture of what to expect, call me. 717-538-3910
I love to talk real estate
Alex Reedy

How to Price a home in this market

I get the question a lot, how should we price our home in this market? Well this might be bitter tasting medicine, but this is not the time to price your home at a price that you could be fishing for someone in a different pond. I’m won’t tell you what to do when we price your home, but I will tell you what I think.

“People looking for  a size twelve don’t look in the size 8 shoe rack”

Price your home competitively, if your home has 10 similar competitors on the market, you should at least be in the top three if you would like to sell your home in a reasonable amount of time. When things really get under way in a few weeks, you don’t want to be left on the shore when the boat leaves.

This spring should be a great market, I’ve been running like crazy getting people ready to buy and sell in the coming months. Probably about double the amount I had this time last year. I’m confident this spring will start with a bang in our real estate market.

Unique Home Features – Lancaster City

Unique Features in a home can make a difference. Dress up that nook or cut out in the hallway, maybe turn it in to a built in desk or another closet with some additional organizers or shelves. Create something that makes sense and most of all is functional. Something anyone could make sense of, check out some of these videos to get some ideas. Create something that will make someone who views your home remember it by. Make it unique, practical, and functional.

It’s easy to buy a Home in Lancaster

Here are a few key steps and thoughts to finding the right home.

  • Call Alex Reedy 717-538-3910
  • Get Pre-approved from a local bank- I recommend finding out your max number allowed to borrow. Then once you know, work backwards from that to suit your budget, be conservative. Be sure to ask about utility costs, taxes and insurance.
  • Identify your needs, schools, kids, sidewalks, homeowners associations, maintenance free, old home, new home, etc. Think long about this, how long will you stay there, are you very active, do you travel, do you have the TIME?
  • Make an offer

Is that easy enough?

Read my next blog of how to make an offer!

Alex

Parade of Homes

Last year was an interesting year for new construction, with a down market and low demand, those of us in new developments all felt it. Although we have felt increased traffic and sales in our new developments, it’s still a mystery of what the future holds. It’ll be interesting to see what the builders in Lancaster Pa build this year and how extravagant or not they’ll be.  Or who may not build at all, let’s face it, some of the competition will not be in the running this year, or in business. I always look forward to the parade of homes, just to see what everyone is involved in and of course to get a glimpse of a few homes. The other factor that will change the pace of this years Parade, is the new building code. To my knowledge it’s not passed yet, but could increase overall costs and raise the standard for new builds in Pa. We have already been notifed that with the changes about to occur, costs will be rising for any new inventory.

If you have any questions feel free to ask, thanks for reading! 717-538-3910

Alex