davenport real estate – Page 2

Staging Secrets To Get Top Dollar Offers.

Posted on September 22, 2014

Most sellers have tunnel vision when it comes to getting their home ready for sale. It’s important to view your home as a potential buyer would. That paint chip you hardly notice or that collection of family photos running all the way up your staircase will jump out as negatives to buyers. To get top dollar, focus on making your home appealing to potential buyers, instead of appealing to yourself.

Start by removing any clutter around the house. This will help buyers envision themselves living in your home. Although less is more, it is still important to leave the essentials in your rooms. This will give a frame of reference for how much space really is in the room and how furniture can be placed. If the room is completely empty, it may appear to be smaller than it really is. Also, remove anything that is personal in the house such as family photos, religious symbols and everything on the refrigerator.

Next you should focus on all of the things you may have ignored for the past few months. Does your front door have some paint chips? How about that leaky faucet? Quick fixes can get you higher offers.

If you have walls that are painted bright colors, or may come off as taste-specific, consider getting a fresh can of a neutral color and diffuse the bold walls. Although your child may love her fuchsia walls, someone who is just moving in would most likely appreciate a more neutral color. Taking the time to paint the room is an important step when trying to stage the home because it lets someone else see a blank canvas that they can paint their dreams on.

Mel Foster Co. has several agents who are certified in the staging of your property to attract potential buyers. Accredited Staging Professionals^® (ASP) are highly skilled and certified in creating just the right atmosphere that will appeal to all five senses of every buyer.

How To Find A Family-Friendly Neighborhood.

Posted on September 10, 2014

It’s time to find a neighborhood full of families, to give your kids opportunities to build friendships and memories. Your best resource for locating these family-friendly neighborhoods is your agent.

If you’ve located a possible neighborhood, and wonder if there are lots of kids, take a look around. Look for swing sets, bicycles, basketball hoops or chalk drawings on the driveways or sidewalks. These are signs of a family-friendly neighborhood.

Also check the surrounding area for parks, playgrounds or pools. These amenities are an indication that families are most likely close by. These locations may also boost your sense of community if you frequent them with other families from your neighborhood.

Once you’ve settled on a neighborhood, you’ll need to know what homes are for sale in the area. Search by address or define an area on an interactive map on the Mel Foster Co. website. Another great search tool is the Mel Foster Co. app. It’s free and you simply launch the app in the neighborhood you desire and all homes for sale pop up on your screen with the Foster Finder. The app shows all homes for sale, not just Mel Foster Co. listings.

Looking for a family friendly neighborhood?

Why You Need A Real Estate Guru.

Posted on August 18, 2014

Are you in the market to buy or sell a home? It is important that you consider working with a licensed Real Estate Professional in order to save yourself time, money, and hassle. There can be a lot of confusion and guesswork when you are out there navigating the market on your own. Here are a few reasons why it’s in your best interest to work with a Real Estate Professional.

Negotiations

From the appraiser, to the home inspector, to the buyer, there are nearly a dozen people that you will have to answer to while selling your home. Let an agent do this busywork for you. Negotiating effectively can mean thousands more saved or earned.

Paperwork

Let an agent with experience navigate and prepare the documents needed when closing on a transaction. Missing something here or there can cost you time and money. Also, each state has different regulations surrounding the purchase or sale of a home. A Real Estate Professional has the experience needed to guide you through.

What Is Your Home Worth?

Pricing your home correctly will attract the right buyer and make sure it isn’t on the market for too long. However, you need the eyes of someone not emotionally attached to your home, to ensure the true value is assessed. The National Association of REALTORS found that, “the typical FSBO home sold for $184,000 compared to $230,000 among agent-assisted home sales.”

3 Tips To Consider When Buying A Home.

Posted on August 1, 2014

Tip #1: Keep Your Money Where It Is.

One thing that you want to avoid before purchasing a new home is making any other large purchases. You don’t want anything to negatively impact your credit score before buying a home. This includes opening new credit cards, or taking on new debt. Lenders want to feel confident in your ability to be financially responsible, especially when they’re considering you for a loan. In short, don’t take any risks with your credit score if you’re planning on investing in a new home.

Tip #2: Bigger Isn’t Always Better.

When you’re buying a house, you may gravitate towards the biggest home on the block. It’s important to consider what your potential resale value will look like. If you have the most expensive home on the block, it will only go up in value as much as the homes surrounding it. The largest house only appeals to a few people. If you’re planning on reselling, you want to have the largest number of potential buyers possible. Instead of searching for the best house on the block, you should search for the house that best fits your needs.

Tip #3: Survey the Neighborhood.

People often fall in love with their homes, but they often fail to consider the neighborhood. If you’re planning on having children, you need to determine what school district the home is in. Even if you aren’t planning on children, you still should research what schools are nearby because it may impact the resale value of the home. It’s also not a bad idea to try your morning commute from the house, to determine if that would impact your decision. Don’t be afraid to drive through the neighborhood during different times of the day to really get a lay of the land.

Exterior Home Shot — 3 Tips When Buying a House

Space Saving Ideas For Your Home.

Posted on July 9, 2014

Making your home interior more efficient and attractive on a day-to-day basis doesn’t need to be an expensive or time-consuming endeavor. With the summer months upon us, keeping things orderly, yet functional, will help you and your busy family stay on top of things this season. Consider these space saving ideas and how they might just make your life a little easier this summer.

Pull Out Drawers And Cabinets

Installing a set of pull out bins under a stairwell in the entryway, or a pull out cabinet in the short hallway between rooms, can mean tons of extra storage space for your family. Consider getting pool toys out of sight and out of mind with a pull out closet in the garage.

Hidden Outlets

Are hairdryers and curling irons monopolizing all of your bathroom counter space? Consider installing outlets in the drawers those appliances are meant to be stored in. Never having to remove them from their hiding spot means more space for other things.

Turn Bunk Beds Into Murphy Beds

Need more floor space, or wishing you had a playroom for the kids? Installing Murphy Beds (the beds that pull down from a recess in the wall) could be just what you need. Suddenly there are feet and feet of extra floor space. So much more room for activities!

You Can’t Go Wrong With An Extra Cabinet

Something as simple as a small extra cabinet in the kitchen to store cleaning supplies can make your life a whole lot easier. Suddenly there is free space under the sink and a small extra storage space. Also, a small cabinet with a high shelf means keeping dangerous cleaning products out of kids’ reach.

Why You Can’t Afford NOT To Use A REALTOR®

Posted on June 25, 2014

Why us a REALTOR®? — When a REALTOR® to important.

Have you ever wondered, “is hiring a Realtor really necessary?” The answer to this important question is absolutely YES! In today’s strictly regulated market, there are several ways an experienced Realtor can be invaluable to you during the home buying or selling process.

Market Conditions

There is so much information out there when it comes to housing and market conditions can change quickly. A Realtor can help you weed out what is truth and fiction, and help you understand current market conditions including data on inventory and comparable sales prices.

Negotiations

Negotiating the purchase of a property can be stressful. A licensed Realtor will act as your middleman, managing expectations of the parties on either side of the deal, ensuring a smoother transaction for you.

Pricing

A Realtor understands the value of real estate in different markets, conditions, and types. The improper pricing of your property can leave your listing dead in the water, costing you much more in the long run.

Paperwork

There is a mountain of paperwork for real estate transactions. Missing a disclosure or piece of necessary paperwork could spell disaster if you are navigating a buy or sale without a Realtor. A Realtor is experienced and aware of all of the various regulations you may face, and can ensure nothing is overlooked when it comes time to close the sale.

Color The Quads Raises $60,000 For Local Charities

Posted on June 20, 2014

Mel Foster Co.’s Color the Quads raised $60,000 for local charities during its second annual colorful run on May 31 in Bettendorf, Iowa. One hundred percent of the proceeds from the second Color the Quads event went to Child Abuse Council, March of Dimes of the Mississippi Valley and Rick’s House of Hope. Each organization will receive $20,000, thanks to the generosity of over 2,000 participants, 300 children racers and sponsors.

“With one in nine babies born premature in the Quad City area, The March of Dimes of Mississippi Valley wants to thank Mel Foster Co. employees for choosing us a charity of Choice for this year’s Color Run. The money raised will help us get closer to the day when all babies are born healthy,” stated Deena Bradford, Mississippi Valley Division Director of March of Dimes

“The Child Abuse Council was proud to be a charity partner for the Mel Foster Color the Quads. It was a fun and exciting experience for us. It gave our board members, staff and volunteers an unique and energetic way to be engaged in an event; and we valued the increased awareness it brought to child abuse prevention,” mentioned Rondi Doyle, Director of Communications/Special Events.

“Rick’s House of Hope is honored to be part of a fun, colorful event and grateful to be named as a charity recipient. We thank Mel Foster, Co., the sponsors, runners and volunteers, who make this race great. The funds received make our mission possible, to ensure the needs of grieving and traumatized children are not overlooked,” said Emily Gordon, Executive Director of Rick’s House of Hope

The event’s Color Extraordinaire, Color Party, Kid’s Color Dash, Color Explosion and Color Burst sponsors include; Mel Foster Co., XPAC, Tri-City Electric, Eye Surgeons Associates, Orthopaedic Specialists, Gomez May LLP, Vollertsen, Britt & Gorsline P.C., Smart Toyota of the Quad Cities, Active Endeavors, Build To Suit, Enviromark, Hawkeye Paving Corp., Hy-Vee, KISS-FM, KWQC, Mickle Communications, Pear Advertising, Pella Windows & Doors, Quad-City Times, Radon Solutions, Russell, TMI – Total Maintenance Inc., Tyson Fresh Meats Inc., and Victorystore.com.

“We were thrilled once again at the support of our sponsors and this community. The only way to pull an event like this off is because of a collaborative effort by local businesses and individual race participants who see the value in giving back to the community we live and work in,” said Lynsey Engels, President, Real Estate Brokerage for Mel Foster Co.

Mel Foster Co. plans to hold Color the Quads again in 2015 on May 30. For future event updates, go to www.colorthequads.com or Facebook at https://www.facebook.com/ColorTheQuads.

About Mel Foster Co. Inc.

Mel Foster Co. is a recognized leader for real estate and insurance. Mel Foster Co. Real Estate specializes in residential sales and offers services for a broader spectrum of property transactions including commercial, farm and land, land development and management, relocation and new construction. Founded in 1921, it is one of Iowa’s largest independently owned real estate companies. Mel Foster Insurance was founded in 1932 and represents over 25 insurance carriers and offers coverage for residential and commercial clients. Visit www.melfosterco.com for more information.

About Child Abuse Council

The Child Abuse Council is a regional, non-profit agency with over 36 years experience providing child abuse prevention, education and treatment programs for children and families in the bi-state metropolitan area and surrounding communities. Our goals for every child served are (1) a safe and nurturing home; (2) a secure parent-child relationship; and (3) an environment supporting successful growth and development. For more information about the Child Abuse Council, visit www.childabuseqc.org.

About March of Dimes – Mississippi Valley Division

Founded in 1938, the March of Dimes funds programs of research, community services, education, and advocacy to save babies and in 2003 launched a campaign to address the increasing rate of premature birth. March of Dimes of the Mississippi Valley is the local division of March of Dimes which is a voluntary health agency whose mission is to improve the health of babies by preventing birth defects, premature birth and infant mortality. For more information, visit the March of Dimes Web site at marchofdimes.com or its Spanish language Web site at nacersano.org.

About Rick’s House of Hope
Rick’s House of Hope serves children and their families in the Quad Cities who are coping with trauma or loss from the death of a loved one, divorce or other changes in the family. Children participate in age appropriate and developmentally appropriate groups with other children in similar situations combining recreation, play and art as they work through difficult issues. They served over 500 children last year.

Three Reasons to List Your House Today.

Posted on May 15, 2014

With the welcome change in the weather, now is the time to put your home on the market. As a potential seller, you may have several reservations keeping you from taking the plunge. There are a few very compelling reasons why you should consider selling your home this spring rather than waiting.

1. Now is the time for an upgrade

If you are considering an upgrade to a larger or more expensive home, now is the perfect time to make your move. Prices are forecasted to appreciate by 4% by the end of this year, and nearly double that by the end of 2015. If you wait, your move could end up costing you more. Making a move this spring is going to get you more home for your money.

2. Competition

Housing inventory always grows steadily starting in spring and through the summer. Homeowners are also starting to see a return to positive equity in their homes as prices rise. Over time that is only going to increase, meaning more homes will be coming to market. Putting your home up for sale this spring will give you a jump-start and help you stand out to early bird buyers.

3. Demand

Buyers know that more homes become available during the spring and summer months. Nobody likes to move in the winter and parents don’t like to disrupt their children’s school year. Buyers wanting to move this summer are looking for a new home now! Don’t miss out on a potential buyer by waiting too long to list your home. Strike while the iron is hot and reap the benefits of listing your home this spring when most buyers are on the house hunt.

Renting vs. Owning

Posted on April 30, 2014

The decision to rent or buy a home depends on a number of factors. The speed at which home prices and rents rise and the length of time you anticipate remaining in your home or rental are key considerations. Costs are also something to strongly consider when making the decision to rent or buy. Read about the four types of costs you should take into consideration and what they mean.

Purchase costs

When buying a home, these costs are the costs you incur when closing. These include the down payment and closing costs, which can go toward the principle balance you owe on your home. When renting, these costs can be the deposit and/or broker’s fees, which you may or may not ever see again.

Yearly costs

As a homeowner, these include mortgage payments, association fees, renovations, maintenance, taxes and insurance. For a renter, these include rent and insurance. Although the yearly costs of homeownership can be substantially higher, these costs could be considered an investment, as the money you put in to your home could potentially be returned to you, or even grow, upon a sale.

Lost opportunity costs

For the homeowner, these are tracked for the yearly costs and the initial purchase costs. The latter can give the homeowner insight into how much could have been made had the down payment been invested instead of used towards the purchase of the home.

Selling costs

For the homeowner, these costs are incurred once the closing process begins. This includes fees and brokers’ commissions, as well as the remaining principal balance still owed. For the renter, these do not come into play, although there is no guarantee that all earnest deposit money will be returned.

Four Things To Tell Your Agent

Posted on April 13, 2014

Selling your home can be a complex process. How will you get the correct paperwork taken care of? Who will handle showings to potential buyers? A professional real estate agent can help ease your burden, and solve the majority of challenges you might face. However, when hiring an agent, it is important that you find a good match, and work with someone who will fit best with your unique situation. As a good rule of thumb, the following are four things you should feel comfortable expressing to your agent.

Negotiations

It is extremely important that your agent be equipped to handle any and all challenges that may come your way. The ability to negotiate is crucial. Let your agent know that you expect he or she to be aggressive and firm when negotiating with potential buyers or their agents.

Relocation

Your agent should be able and willing to help you with the moving process. Being without a roof over your head is not acceptable, and paying two mortgages may not be either. Ensuring that your agent can coordinate the closing of your current home with the closing of your new home simultaneously is key. Mel Foster Co. has an award-winning relocation department that can support your agent and provide you with the tools to make a smooth transition to your new city.

Timetable

Will your move into a new home revolve around the start of a new job or school year? Planning a move this structured can be mentally and emotionally draining. It is imperative your agent understands your time constraints and can work within your needed parameters. Be up front about your timing concerns and share this information with your agent before you agree to go under contract.

Sell My House!

You hired your agent to sell your home so you can focus on the changes you are undergoing, which prompted your move in the first place. It is ok to remind your agent of these motivations. Set your expectations with your agent appropriately and this could be one of the best working relationships you will ever encounter.