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Top Renovations to Complete Before Listing Your Home
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- Brokerocity
- 2024-06-14T11:11:00Z
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Thinking of listing your house for sale on a real estate website?
Don’t get into it hastily. You must consider a few things before you put it out there for sale. The idea of selling a house might come with a rush of emotions. Starting with experiencing a little nostalgia to feel the rush to close the deal; all these emotions are quite normal, but if you miss out on certain renovations, you might end up on an offer price much less than your property deserves.
When sellers move too fast in the selling process, they miss spotting the required renovations in their houses that can boost the price of the property. This blog will discuss the small and big repairs and renovations that can raise your home’s value.
Give Your Yard a Makeover
When it comes to houses, potential buyers usually go by the cover. That’s why the exterior of your house can make or break a deal. One of the easiest ways to add weight to the home value is to your front yard the once-over. You can hire professionals to edge the lawn or do some creative garden work. Otherwise, you can clean up the details yourself too. A little work on your porch can turn out to be a great investment. Here are a few things you can change to give your front yard a makeover.
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Update the outdoor furniture
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Change the welcome mat
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Put some beautiful plant pots
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Add pathway lights
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Trim overgrown trees
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Install a new mailbox
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Add a decorative fence
Give Some Love to Hardwood
Old school carpeting might turn away a good buyer with a handsome deal. It’s best to get rid of it before putting your house on sale. Dirty old carpets downgrade your property’s value and might cost you a good offer.
Good carpeting isn’t a luxury anymore. Even if you have a vibrant living room with the best lighting, potential buyers might turn away the property due to smelly old carpeting. You can get professional help to charge the flooring, or else you can do it yourself. If you decide not to change the flooring, at least ensure you clean it well and bring it to the most presentable state before opening the doors for potential buyer visits.
Repair Windows and Doors
If your house is old, it must have a few or more broken windows or doors. Even if you’ve spent time and money on continuous maintenance, there can still be some work to do. Don’t put out your house for sale without repairing these small details. These small, overlooked problems can drastically reduce the value of your home.
If you think these broken details are a buyer's headache, you are wrong here. It will only irritate the potential buyer, which can further lead to an offer devaluation.
Paint the Walls
A minimalist is the best way to go about painting when you don’t know your future homebuyer. If there are any dark-colored paints in your house, it’s better to coat them with some light-colored paint. Neutral walls make rooms look larger, cleaner, and more appealing.
Even if you have neutral colors in place already, years of living in the house may make the paint dull and worn off. A newcomer who has come to visit your house with the intention of buying it might see it as a turn-off. So, it’s best to paint the walls before listing your house for sale.
Light it Up in the Best Light
Lighting can totally control the way a potential buyer will see your home. Before listing your house for sale, check if your home lighting is dated and lights up the space well. The lighting can pretty much go out of fashion and make your house look old-fashioned. Finding the latest lights within your budget can be tricky, but it’s a great investment.
Go for Expert Opinion
To execute these renovation ideas, first you need an expert who can guide you to what needs to be renovated in your house. Brokerocity can provide you with expert consultation on how to get the best market value for your house by adopting some simple renovation hacks. Our agents offer genuine tips on how to enhance the value of your home and can guide you throughout the home selling journey.
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Illinois's Top Neighborhoods for Young Professionals
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- Brokerocity
- 2024-06-14T11:07:00Z
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Are you looking for a happening neighborhood in Illinois? Easy access to the best restaurants, parks, galleries, and other recreational activities; the young professionals in Illinois are on the lookout for unwinding experiences and easy living. If you’re straight out of college, areas like River North and West Loop are great neighborhoods to call home.
As young professionals start to settle down, they might look for properties in more culturally rich areas that offer a sense of community and a diverse array of amenities. Whether you're drawn to the artistic vibe of Wicker Park, the historic charm of Logan Square, or the lakeside beauty of Edgewater, these neighborhoods have their own unique appeal.
Let’s find out what the most happening areas are to live in Illinois.
West Loop
The culinary capital of Chicago, West Loop, is known to offer the comfort a young professional seeks. Food lovers would love this neighborhood, as there are plenty of dining options. The vibrant nightlife with rooftop bars like Candy’s and cocktail spots like Moneygun, with their laid-back vibe, makes it an ideal option for youngsters who want a mix of relaxation and social life.
River North
If you’re looking for a bustling neighborhood with vibrant nightlife, art galleries, and party places, River North is for you. The energetic aura of the city makes it ideal for young professionals who want to party after a hectic work week. With many bars, clubs, and restaurants, you are in for fun if you live in this neighborhood. River North is not far away from the business district.
Bucktown and Wicker Park
If you’re an art lover and love bustling street life, Bucktown and Wicker Park are for you. It offers a delicate balance of art and fun. Known for their artistic galleries, these neighborhoods offer a bohemian vibe with good options for bars and coffee shops. If you want to explore local culture, there is the popular Six Corners area.
Logan Square
Another thriving neighborhood for Illinois professionals is Logan Square. It’s thriving with multi-cultural communities and plenty of art organizations, music venues, and local shops. The creative energy and urban vibe make it an ideal location to live if you are an art enthusiast, a foodie, or someone who loves lively surroundings. It’s a perfect place for young professionals who want the best of both worlds.
Old Town
If you’re a history buff and want a mix of urban and historic charm, Old Town is an ideal neighborhood for you. On weekends, you can grab some barbecue ribs at Twin Anchors and enjoy the nostalgic charm. If you are an old wine lover, you can visit the House of Glunz for a glass of wine. It’s Chicago’s oldest wine merchant. Old Town’s proximity to downtown and Lincoln Park makes it even more lucrative.
Ukrainian Village
If unique architecture fascinates you and you want to experience a tight-knit community, this neighborhood offers compelling real estate opportunities due to its rich cultural heritage, central location, and relatively affordable housing options compared to nearby areas.
It’s close to downtown and vibrant local businesses, making it an ideal place to live for young professionals. Real estate appreciation also promises long-term investment prospects. Ukrainian Village combines affordability, convenience, and growth prospects, making it an excellent choice for real estate buyers.
Find the Best Properties in Illinois
If you’re looking for a cozy, comfortable, and vibrant place to live in Illinois, Brokerocity can help you find your dream place. There are many neighborhoods in Illinois to call home, yet we map you with the most suitable options at your ease and convenience. You can check out our latest listings to have a close look at interior features, terms of sale, due diligence, and much more. We understand the importance of your time. Hence, we offer a virtual tour option to offer the best convenience.
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Best Affordable Places to Live in the USA
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- Brokerocity
- 2024-05-24T02:30:00Z
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Looking for the most affordable property to purchase in the US?
One of the most important factors behind the purchase of a home in the United States is its price. Finding a safe and affordable neighborhood might look like a far-away dream to potential buyers, but there are areas that are a perfect example of value for money.
While finalizing a home, you must keep in mind that expensive suburbs don’t mean great neighborhoods. There are many factors that make a property worth its price.
This blog will discuss the best affordable neighborhoods to live in in the US and why they are the best places to live.
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Park Forest, Chicago
If you are looking for a home in Chicago, there’s no better option than Park Forest, which has affordable properties and a low cost of living. This Chicago suburb is away from the hustle-bustle of the city and lives up to its name. With 2,000 acres of parks and recreation facilities to explore, this Chicago suburb has outdoor swimming pools and playgrounds.
Park Forest has an affordability ratio of 1.9 and a cost of living of around 98, which is quite below the Chicago average of 116. The median home value is around $90,100.
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Tinley Park, Chicago
Tinley is one of the best small cities in the USA. With a cost-of-living index of 102, the town offers excellent public schools and a variety of recreational facilities, including numerous parks. It's quite near Chicago and offers its residents plenty of job opportunities and convenient transportation options.
Tinley Park is a happening place and known for organizing community events and festivals, fostering a strong sense of community. Additionally, Tinley Park has a relatively affordable cost of living and access to quality healthcare services.
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Lake in the Hills
With an affordability ratio of 2.5, Lake in the Hills is a community of 30,000 residents. As compared to the rest of the state, this area is affordable. Though the cost of living is higher as compared to Illinois, with a decent median income, it’s quite affordable and worth the price.
The suburban feel makes the homebuying experience worthwhile. The area has many parks, making it an ideal option for families and professionals. The public schools in Lake in the Hills are highly rated. In short, this neighborhood is a perfect blend of affordable yet lavish living.
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Riverdale
Riverdale’s cost of living is even lower than the Illinois average of 99. With a median home price of $97,700, you would want to move here before the prices start to increase. With the recently redeveloped downtown, the community is getting a revamp, making it a more lucrative option.
Riverdale is a vibrant community of quality bars and parks, offering great opportunities for recreation and socializing. The amenities and community atmosphere make Riverdale a dynamic and welcoming community.
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Richton Park
Richton Park is a promising suburb of Chicago with a population of 12,721. If you are looking for a neighborhood with a mix of urban and suburban feel, Richton Park is the perfect place to buy a new home. This place has proximity to employment opportunities, and residents can easily access the amenities of Chicago. The diversity and inclusive atmosphere will make you feel at home in no time.
Start Your Buying Journey with Brokerocity
Having someone by your side during your homebuying journey can make things easy and enjoyable. As a first-time homebuyer, you deserve to enjoy every step of your homebuying journey without having to worry about spending too much or exceeding your budget. We at Brokerocity pay special attention to your cost-related requirements and shortlist the most promising properties within your budget.
Our agents at Brokerocity offer genuine consultation regarding your cost-efficiency and link you to the best yet most affordable properties. If you’re a new homebuyer looking for an affordable yet great house, give us a call today.
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First-Time Homebuyer Essentials
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- Brokerocity
- 2024-05-16T15:38:00Z
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You don’t buy a home every day, and that’s why it’s normal to have jitters and doubts as a first-time home buyer.
How expensive a house can I afford?
What will my monthly mortgage payment be?
What credit score do I need to buy a house?
How can I improve my credit score before applying for a mortgage?
How do I find the right neighborhood?
Many such questions may flood your mind when you make up your mind to buy your first house. This blog will address many such doubts and ease your home buying journey.
Ask Yourself If You’re Ready
It’s not only a financial decision but an emotional one too. You must sit with yourself and assess if you are making the right decision. There’s always an opportunity cost associated with an investment. Ask yourself if
Am I financially ready to buy a house?
Is this the right location to settle in?
Is my partner ready to share the financial burden of a mortgage?
Is my job stable enough to pay the mortgage?
These questions will allow you much-needed introspection before making up your mind.
Check Your Financial Readiness
No matter how ready you feel to buy your first home, you must not jump into it without checking your financial readiness. You must assess your decision on two parameters: affordability and credit score. Evaluate your income, savings, and investments to see your financial standing. Do you feel you have enough funds to pay the down payment? If yes, would you be able to bear your other expenses and contingencies? If not, you must rethink your decision to buy the house.
The next thing is evaluating your credibility in the eyes of lenders. Your credit score is an indicator of your trustworthiness as a home loan applicant.
Get Preapproved for Home Loan
Once you've got a clear picture of your financial readiness, it’s time to get pre-approved for a mortgage. The process involves applying with the lender and getting reviewed for your financial standing. Once you’ve completed the process successfully, you will get a pre-approval letter. You know your budget now because a pre-approval letter reveals how much you can afford to pay. This is where a real estate agent/broker pitches in and helps you find your dream home within your budget.
Find the Right Real Estate Agent
A real estate agent is the catalyst in the home buying process. Knowing your budget, they will show you the most suitable properties with credible details. They help you with house-hunting, schedule tours, negotiate offers, and close deals. They also assist you with essential paperwork and legalities. With real estate transactions going digital, many buyers look for a trusted agent online. You can check reviews, ratings, and client stories to learn more about a real estate agent.
If you are looking for properties in Algonquin, our agents at Brokerocity can take you one step closer to your dream house.
Check Out the Properties
When you look for your dream home online, your agent offers you the facility to tour the houses virtually. It saves time and helps you get a better picture of a property before planning a physical tour. When considering a property, you must consider the following details:
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Price
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Square footage
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Home condition and the possible need for repairs
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Access to public transportation
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Number of bedrooms
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Backyard/swimming pool
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Local entertainment options
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Local school district ranking
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Property value trends
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Property/real estate taxes
You can check out the top properties in Arlington Heights here.
Make an Offer
It’s time to make an offer. Once you have selected a home, you must express your intent to buy it. Typically, buyers show their intent by submitting an offer letter. In the digital age, you can submit your offer online as well. If the seller accepts your offer, you move on to the next step. If they reject, you may revise the offer or move to the next-best property.
Get Home Inspection and Appraisal Done
Once your offer is accepted, you must get the home inspection done. It’s not mandatory but recommended to assess the property’s structure, utilities, safety, and appliances. You can ask the seller to fix the minor and major concerns revealed in the inspection report.
After that, it’s crucial to get a home appraisal, where the current value of the home will be determined. This report will help you get the right mortgage amount from the lender.
Have a Final View
You’re almost done. It’s time to take the final tour and walkthrough of the property, documentation, and compliance. Check if the repairs required are done and if nothing is left behind by the previous owners.
Close the Deal
It’s time to call the house your new home. Your lender will issue a closing disclosure, which you must present at the closing meeting. Sign the settlement statement, pay the down payment and closing costs, sign the mortgage note, and close the deal.
Congratulations! You are a homeowner.
As a first-time home buyer, you can always trust our agents at Brokerocity for credible properties in Barrington, Algonquin, and Arlington Heights. We practice the utmost transparency in our real estate dealings, making your first-time home buying journey smooth and secure.
Connect with us today to find your dream house.
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