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Malloy Home Team Blog

Wednesday, November 18, 2015   /   by Dawn Malloy

How to Get the Most Money from the Sale of Your Home

Every homeowner wants to make sure they maximize the financial reward when selling their home. But, how do you guarantee that you receive maximum value for your house? Here are two keys to insuring you get the highest price possible.
 
1. Price it a LITTLE LOW
This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house. (see chart)

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so demand for the home is maximized. In that way, the seller will not be fighting with a buyer over the price but instead will have multiple buyers fighting with each other over the house.
In a recent article on realtor.com, they gave this advice:

“Aim to price your property at or just slightly below the going . ...

Thursday, November 5, 2015   /   by Daniel Malloy

Why Waiting Until After the Holidays Isn't a Smart Idea

Every year at this time, many homeowners decide to wait until after the holidays to put their home on the market for the first time. Others who already have their home on the market decide to take it off the market until after the holidays. Here are six great reasons not to wait:
 
1. Relocation buyers are out there. Companies are not concerned with holiday time and if the buyers have kids, they want them to get into school after the holidays.
2. Purchasers that are looking for a home during the holidays are serious buyers and are ready to buy.
3. You can restrict the showings on your home to the times you want it shown. You will remain in control.
4. Homes show better when decorated for the holidays.
5. There is less competition for you as a seller right now. Let’s take a look at listing inventory as compared to the same time last year:

6. The supply of listings increases substantially after the holidays. Also, in many parts of the cou. ...

Tuesday, October 27, 2015   /   by Daniel Malloy

Why You Should Hire a Professional When Buying a Home

Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional!
 
You Need an Expert Guide if you are Traveling a Dangerous Path
The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and ready for you to move in to can be tricky. An agent listens to your wants and needs, and can sift out the homes that do not fit within the parameters of your “dream home”.
A great agent will also have relationships with mortgage professionals and other experts that you will need in securing your dream home.
You Need a Skilled Negotiator
In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the o; ...

Tuesday, October 20, 2015   /   by Daniel Malloy

Buying a Home Remains 35% Less Expensive Than Renting

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States.
 
The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in Sarasota (FL), and 35% Nationwide!
The other interesting findings in the report include:

Interest rates have remained low and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation. “In the past year, these two trends have made homeownership even more affordable compared with renting.”
Some markets might tip in favor of renting if home prices increase at a greater rate than rents and if – as most economists expect – mortgage rates rise, due to the strengthening economy.
Nationally, rates would have to rise to 10.6% for renting to be ch. ...

Thursday, August 7, 2014   /   by Dawn Malloy

Just Listed 164 Evergrene Parkway, Palm Beach Gardens Florida 33410

Just Listed in the sought after community of Evergrene. 164 Evergrene Parkway, Palm Beach Gardens Florida 33410. 3 bedroom, 2.5 bathroom and a 2 car garage with fabulous views of Evergrene's 36 acre lake. Evergrene is known for its resort styly amenities inclusive of live music on Friday nights at the tiki bar, steel drum bands poolside on the weekends and movie nights on the beach. This townhome is offered at $274,500. Open House this Sunday from 2-4pm. Call Dawn at 561-876-8135 for details.