Are There Signs It’s Time to Sell?

You may have been thinking about it for a while, but it’s hard to decide when to put your home on the market. Mel Foster Co. offers this quick checklist to make the decision a little easier for you. 

1. Do you have enough space in your home?

If you have physically outgrown your space, it might be time to start looking for a new home. If your special someone has moved in or you’re starting a family, it might be time to sell. Even buying new furniture that you love, and feeling a little cramped once you move it in, might mean you’re needing a larger space. 

2. Are homes selling quickly in your neighborhood?

If you’re driving around the neighborhood and notice many for sale signs going up and homes selling fast, it could mean your area is popular and potentially selling above market value. This is a great time to call your real estate agent and find out more about selling your home. It might be worth more than you think.

3. Is caring for your home becoming too much of a burden?

If you’re no longer enjoying home improvement projects or renovations you might want to find a new home that is less labor intensive. If you’re planning on selling in the future, be aware lack of maintenance may decrease your home’s value. Be sure to act fast before you lose a valuable opportunity to show your home at its best.

Mel Foster Co. Marple elected for NAR officer

Don Marple, REALTOR®
Don Marple, REALTOR®

Lynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that Don Marple of their Davenport Kimberly Road office is on the list of 2017 Eligible Candidates as Regional Vice-President for Region 8 for NAR elected office per the Credentials and Campaign Rules Committee. The eligible candidates will be elected for office at the May 2016 NAR Board of Directors meeting in Washington, D.C.

Don has been a licensed Realtor® in Iowa for more than 38 years, and has worked at Mel Foster Co. in Davenport since 1995. He has been an active member of the IAR since 1980, serving on numerous committees, including past chair of the annual convention, and member of the education, consumers affairs, technology and member services committees. He served as IAR president in 2013, president-elect in 2011 and treasurer in 2010. He received the IAR President’s Special Recognition Award in 1995 and 2014 Iowa Realtor of the Year.  He has also been a member of the Realtor® Foundation of Iowa Board of Directors.

Marple is presently serving on the National Association of Realtors® (NAR) – Public Housing and MLS Policy Committees. Marple also served as a commissioner on the State of Iowa Real Estate Commission from 2004-2007.

Marple has also served in various leadership roles on his local board, the Quad Cities Area Realtors® Association, including 2002 president, secretary/treasurer, and as a member of several committees. He received Realtor® of the Year Award in 1998 and the Bert Frahm Award for Outstanding Dedication and Service to the Real Estate Industry and to the Community in 1995. He has earned several of real estate’s highest designations, including Graduate, Realtor® Institute (GRI), and Certified Residential Specialist (CRS).

Marple is very active in his community. He is currently a commissioner on the Scott County Condemnation Board. He has also served as past president for the Donahue Sportsman Club and was a founding member of the North Scott Soccer Club. He has been a Junior Achievement volunteer in the North Scott School District for the past 19 years, as well as a long-time volunteer with the Cub Scouts and Big Brothers/Big Sisters.

Eilers Nominated

Marty Eilers, REALTOR®
Marty Eilers, REALTOR®

MEL FOSTER CO. EILERS NOMINATED

Lynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that Marty Eilers of their Bettendorf office has been nominated for The Good Neighbor Award, which is sponsored by the REALTORS® Foundation of Iowa.  The Good Neighbor Award recognizes Realtor® members in Iowa that are making positive changes in their communities by helping others.  The award winners will be announced on Thursday, September 24th at the Awards Breakfast held at the IAR Annual Convention in Altoona, Iowa.

Marty is a member of the Quad City Area Association of REALTORS®, Iowa Association of REALTORS®, Illinois Association of REALTORS®, National Association of REALTORS®, and the Quad City Builders and Remodelers Association.  He was nominated for his involvement in the Building & Trades Project, Inc. which is a project giving high school students experience and exposure to the home building process from start to finish.

Getting Back Into the Home Buying Game

MF Getting Back into the Home Buying GameIf it’s been a while since you’ve bought or sold a house, you’ll be surprised how little actual paperwork there is now. The trend is paperless transactions, meaning documents are viewed on your computer and you may not have any hard copies. It can be a little intimidating, but your Mel Foster Co. agent can help you navigate your digital options. Here are a few things to discuss with your agent:

1. How will you communicate with me: by phone, e-mail or text? Let your agent know what you are most comfortable with and you will be accommodated.

2. Can you walk me through opening documents on my computer and how to sign digitally?

3. Can I get paper copies of everything if I don’t use a computer?

Don’t be afraid to ask your agent for help and don’t feel pressured into storing documents electronically if you would prefer to have them physically. Mel Foster Co. has several Senior Real Estate Specialists® that might be a good fit with your technology comfort level.

Check out Mel Foster Co.’s senior services. This link lists services Mel Foster Co. offers to help make it easier to get back into the home buying game.

Fix Up Your Home for Energy Savings

MF Fix Up Your Home for Energy SavingsNow that summer is here, home improvement projects are in full swing. Take advantage of the warmer temperatures to improve your home’s energy efficiency throughout the year.

Keep the cool air inside your house this summer by making siding repairs, checking for gaps or cracks and adding or replacing insulation. Repairing any damage will help your home be more energy efficient. You’ll save on heating and cooling costs in the long run.

Another popular project with year round utility savings is roofing. Not only will installing new shingles help keep your home dry during storms, it will also insulate your home and once again help you save on heating and cooling over time.

Lastly, cleaning your HVAC system is easy to do when your hose is hooked up for summer watering. Make sure any part with visible buildup or dust on it is cleaned. This will help extend the life of your cooling system and ensure it is running properly. Taking some time to clean it every summer may save you hundreds in potential repair bills.

Mel Foster Co. Nominated for Performance Awards

MF LOGO WITH LRE LOGOLynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. is pleased to announce that their Relocation Division, lead by Deb Boland, has been nominated by Leading Real Estate Companies of the World® for three Awards for production in 2014.  Mel Foster Co. is one of five real estate companies nominated for these awards in their size category. The three Awards of Excellence nominations include:

  • Sales Production – determined by the number of outgoing closed referrals
  • Referral Production – determined by the number of outgoing sent referrals
  • Incoming Conversion Rate – determined by the number of incoming closings with the number of incoming referrals

The awards will be presented during the Annual Performance Awards Dinner and Ceremony in Las Vegas later this month. For the past 20 years, Mel Foster Co.’s Relocation Division has been nominated for an award from Leading Real Estate Companies of the World®.

Leading Real Estate Companies of the World® is a global network of over 500 premier real estate firms.  Leading RE is comprised of select independent real estate companies who set the standard of quality service, while generating a highest volume of referral, relocation, and real estate business opportunities for its members.  Mel Foster Co. has been with the prestigious affiliation for over 20 years.

Search Listings From Your Warm Car.

Find homes with the Foster Finder
Mel Foster App

Searching for a home can be a real drag in the winter. It’s cold, snowy and just not fun. If you are looking to buy, you can use Mel Foster Co.’s free app, Foster Finder, to search with your smart phone without leaving your warm car. Your phone’s camera and GPS technology show all homes for sale around you. All you need to do is drive to the neighborhood where you to live. It goes without saying, you shouldn’t be the one driving while you’re using the cool app.

You can download the free app for either iPhone® or AndroidTM devices. Just go to your phone’s app store or find the links by clicking here. Install and launch the app. Click on Foster Finder at the bottom right of your screen and see all homes for sale, from every listing company, right on your screen.

The Foster Finder is a great mobile tool when you have a target neighborhood but aren’t sure what’s for sale. Just drive to your desired location and use the app to show you the listings. It’s cool and saves you a ton of time.

Want to be closer to your kid’s school? Head over there and use Foster Finder to uncover all of the listings. You can do the same from work or your favorite hang out or restaurant.

Using Foster Finder is the smart and easy way to search for homes in every season.

Where Gen Y Buyers Can Find A Diamond In The Rough.

Are you a Gen Y buyer?
Are you a Gen Y buyer?

When shopping for a home, check out transitional city neighborhoods that might just be on the verge of revitalization. You might find a great price or a really unique home that’s in the middle of the action. There are several reasons why you should consider all of your options when searching for your new home.

Urban neighborhoods are home to coffee shops and corner stores. Boutiques and other quirky shops can add the character you might be missing in a traditional suburban setting.

Young couples or singles, who aren’t ready to give up a thriving nightlife, are often drawn to downtown lofts, converted warehouse spaces or even upper floors of shops and restaurants. Living downtown may give you more opportunities to make friends who are your age.

Many times, living in an urban area gives you easier access to public transportation that could significantly reduce your annual transportation budget, if you’re fortunate enough to no longer need the use of a car.

Farmer’s markets and food co-ops are also becoming very popular in urban areas. With access to organic and farm fresh food, your health and wallet could be thanking you. Another point of consideration is that living in densely populated areas gives you the potential for exposure to other ethnic groups and cultures. New and interesting food and customs could become just another perk of your new neighborhood.

Downtown homes or lofts are often smaller than homes out in the burbs. This means less to clean, a smaller yard or maybe no yard to mow, and your utility bill may be smaller in a smaller home. You have your whole life to move out to the suburbs. Look around your downtown for the hot spots that fit your budget and style.

Count on a Mel Foster Co. agent to help you identify up and coming neighborhoods and the programs that may make homeownership more affordable to you. Find an agent at your local office.

Get Your Finances In Order.

Getting your finances in order
Getting your finances in order

One of the smartest things you can do before buying a home is getting yourself pre-qualified. By getting pre-qualified, you’ll get an idea of what your mortgage might cost, ahead of time. This can help you prepare your budget, set your expectations and strengthen your confidence to negotiate when you’re ready to make an offer.

What is pre-qualification?

Pre-qualification gives you an estimate of what you could potentially borrow. It is based on information you give on your income, assets and credit. Many times a pre-qualification can be done online and is offered by many lenders at little to no cost. It is however just an estimation, and not a guarantee of any type of loan.

Why get pre-qualified?

Once you know how much of a monthly payment you are able to afford, and you’ve figured out a budget for yourself, a pre-qualification will allow you to estimate a loan option to fit your needs. You’ll also have a better idea of which homes you can afford during your search.

What documentation do I need in order to get pre-qualified?

You will need proof of income, this could include recent pay stubs, or W-2 statements from the past two years. You should also bring a copy of your tax return for the past two years, as well as proof of any alimony or additional income. You’ll also want to bring proof of your assets, including bank account statements to show you have the money for a potential down payment. Don’t forget your driver’s license and social security card, as the lender will need these to access your credit report.

Pre-qualification can help you be fully prepared to purchase that home you’ve been eyeing. You can get a head start by using the mortgage calculators to determine your monthly payment, figure out how much home you can afford and make a decision about renting versus buying.


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