Posted by Annalisa Burgos | August 16, 2009
Everyone is so focused on home value these days that we forget that buying a home is really an emotional experience.
Sure staging and price play huge factors in whether we like a place, but house hunting is really about finding a house that fits your current lifestyle and aspirations. What really makes a homebuyer ultimately make an offer is feeling a personal connection to the place, not necessarily its price tag.
Ladies, think of it this way. They say when you’re shopping for a wedding dress, you’ll know when you find the one. It just fits. (And since 90 percent of real estate decisions are made by women, I figure you’d understand the analogy.)
This week, I talked to Eileen Imada and Walter Dixon, who just bought their first house in Newton, a suburb of Boston. After three years of looking for their “perfect” home, they learned a valuable lesson in determining home value and have a great tip for all you first-time buyers. Tune in for their full video on the FrontDoor Unlocked Vlog — coming soon!
Buying a home? Try these resources from FrontDoor.com:
Posted by Annalisa Burgos | August 6, 2009
Our FrontDoor family is growing! Now readers of some of the biggest newspapers in the country — the Boston Globe, Atlanta Journal-Constitution, Minneapolis Star Tribune, Denver Post and more — will get FrontDoor’s valuable expert tips, advice and videos and browse our 4 million listings.
FrontDoor.com is partnering with 250 newspapers across the country to enhance their Web sites, allowing homebuyers and sellers to browse local listings and real estate content.
In fact, the San Francisco Chronicle’s SFGate.com just launched this enhanced content, while the FrontDoor team attends Inman News‘ Real Estate Connect conference in San Francisco this week. We hope all you Bay Area folks enjoy it!
Partners include Cox Newspapers, Freedom Newspapers, Journal Register Co. and Southern Newspaper Group.
If you recall, we announced a similar partnership with local television stations to enhance their Web content.
So look out for FrontDoor in a local newspaper near you!
Posted by Annalisa Burgos | August 6, 2009
I hear so many real estate agent horror stories from homebuyers and sellers (and have experienced my own nightmare situations) that you’d think “agent bashing” is some sort of national pastime.
While there are some bad apples out there (as there are in any profession), that shouldn’t reflect poorly on the industry as a whole. In fact, I know many people who rave about their real estate agents and consider them part of the family.
Finding an agent is easy. In any given area, hundreds of professionals are vying for your business. Finding the right agent for you is the hard part.
You’re trusting someone to help through one of the biggest purchases in your life, so it’s important to do your research.
Check out FrontDoor’s Top 10 Strategies for Choosing the Right Real Estate Agent.
Posted by Annalisa Burgos | July 17, 2009
In this week’s vlog, we hear from San Diego real estate broker and blogger Kris Berg about her tips for buying and selling a home in today’s market.
Homebuying and selling resources on FrontDoor:
Posted by Annalisa Burgos | July 14, 2009
What makes a city or town a “best place to live”?
It varies so greatly from person to person and yet we see these types of lists all the time. Heck, FrontDoor.com is coming up with one too — stay tuned for it!
Not sure if Money Magazine’s new list of Best 100 Small Towns to Live will spur a homebuying spree in the named places, most of which are in middle America.
According to Money, these are the places that ranked highest in terms of factors we value, including a strong local economy, housing affordability, income, education and job growth.
The top spot went to Louisville, CO, which is where we found this 3,200-square-foot, 4-bed, 3.5-bath house listed for $469,500.
Here’s the top 10 and if Money’s list has you longing to move to these places, click on the link and browse homes for sale in that town:
1. Louisville, CO
2. Chanhassen, MN
3. Papillion, NE
4. Middleton, WI
5. Milton, MA
6. Warren, NJ
7. Keller, TX
8. Peachtree City, GA
9. Lake St. Louis, MO
10. Mukilteo, WA
Posted by Annalisa Burgos | July 2, 2009
In this week’s vlog, find out why it’s important to get a pre-approval before you go house hunting. Some curious homebuyers will check out an open house or two before actually evaluating their financial situation, but this is actually one of the top 10 homebuying mistakes that can cost you.
Plus… Backyard. Outdoor kitchen. Outdoor living room. Pool. Deck. Find out which summer season home updates pay off when you sell.
Posted by Annalisa Burgos | July 1, 2009
With the flood of first-time buyers and bargain hunters in today’s real estate market, your friends at FrontDoor.com want to remind ALL homebuyers out there to do your due diligence.
Don’t get so caught up with finding a steal that you forget the basics!
In this month’s Top 10, we break down the 10 most costly mistakes buyers commonly make and offer some valuable tips.
Check it out:
Top 10 Home Buying Mistakes That Can Cost You
www.frontdoor.com/top10
Buying a home is a big deal, but it should also be a fun experience. By making smart decisions, your buyer’s thrill won’t become buyer’s remorse.
Happy house hunting!
Posted by Annalisa Burgos | June 25, 2009
Here at FrontDoor.com, nuestra casa es su casa.
And today, we’re happy to welcome millions of new members to the FrontDoor family — more than 60 local TV station affiliates throughout the country and their viewers!
Now you can get real estate listings and valuable homebuying and selling tips and advice from HGTV’s FrontDoor.com on some of your favorite local stations’ Web sites. This is just another example of how FrontDoor is reaching out to consumers in their local markets.
So, for example, Atlantans who tune in to WSB-TV and Denverites who watch KMGH, the Denver Channel can go to these stations’ Web sites and search for homes in the area and get great articles and videos from FrontDoor.com.
We’re bringing the tools you need for your home search and sale at a hyperlocal level. How awesome is that! Pretty awesome.
For more details, check out the news release.
Posted by Annalisa Burgos | June 24, 2009
Real estate auction company REDC (Real Estate Disposition Corp.) works with lenders to sell thousands of foreclosure properties at auctions throughout the country. And in this market, lenders need all the help they can get to unload this excess inventory, quickly and efficiently. Note: REDC auctions are for bank-owned homes or REOs, and are not the same as the public auction, which takes place at the local courthouse.
On June 7, more than 1,200 bargain hunters attended an REDC auction in New York City, where 113 bank-owned houses in the tri-state area were sold for a total of $10 million in sales.
Watch the video to see what it’s like to buy a bank-owned home at an auction.
AUCTION TIPS:
1) Research. Before you buy at a foreclosure auction, do your research. Print out the auction brochure (if there is one), note the open house dates for the properties you’re interested in and see them in person. You more than likely will have to buy “as-is” and you won’t be able to get a home inspection done. When you visit the homes, look out for these 10 red flags for homebuyers.
2) Crunch the numbers. Estimate how much you expect to spend on home improvements on top of the purchase price, which includes a premium the auction company charges each buyer. If you’re an investor, subtract those expenses from the income you expect to generate from the home (rent) and decide if it’s a smart investment.
3) Register and be prepared. Each auction has different requirements, but all of them require you to register and bring a cashier’s check or cash for the required earnest money deposit. Many transactions are cash-only, but some auctions will allow you to finance the purchase through a lender, so get pre-approved beforehand so you know what your maximum bid will be.
For more tips on how to buy a foreclosure, go to www.frontdoor.com/foreclosures.
Posted by Annalisa Burgos | June 12, 2009
With so much drama in the world, there’s no better time than now to step back and take a breath. It’s easy to get caught up with the stress and emotion of buying and selling a home. That’s why FrontDoor Insider Tara-Nicholle Nelson is sharing her solutions and strategies to deal with today’s frustrating real estate situations, like getting rejected for a mortgage or facing foreclosure after losing a job. It’s all in Tara’s Drama-Free Real Estate Guide at www.frontdoor.com/dramafree.
To spread the word about these great tips and advice, Tara and the FrontDoor team took it to the media — with the important message that now is not the time for consumers to panic (and it’s easy to with all the negative headlines), but rather they should be proactive.
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