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Monthly Archives

November 2020

0 In Home/ Style

Navigating home buying/selling process for the first time in awhile

  • Having lived in the Columbus, Ohio area 14 years. I have owned a few properties in Columbus, Dublin, and Galena, Ohio. Most recently; sold two houses in 2020 and purchased another.
Sold June 2020

  • I have partnered with Nth Degree on purchases and selling the properties. The are a lot of real estate agents and Nth Degree provides staging, amazing marketing, and personal connection that makes the difference in real estate transactions. Growing up in a family business of building houses and selling houses; I have been consistently blown away with Neal and Jeff (and their team) on transformation and advice on selling and buying.

Sold November 2020
  • In case you don’t know how sites like Zillow and Realtor.com work: Realtors pay (and pay BIG ) to get in the rotation for Zillow. They buy a portion of a zip code/s and in turn when you call Zillow to get information on a listing, they farm it out on rotation to one of the realtors who “owns” that zip code. If you already have a realtor that you are going to use or work with, please call them and not Zillow! The realtor who answers your call and potentially takes you out to look at a house, does so with the hope that you will buy something using them and therefore get a commission from the sale. That’s how it works. Zillow does not pay any realtor to answer Zillow calls or questions or show a house requested through Zillow. This kind of situation is high on the list of realtor frustrations! If you have a realtor, call them or a member of their team.
  • If you are buying a house, you do not want to talk to the listing agent! Why would you? The listing agent has a fiduciary duty to the Seller. A Buyer needs to have an advocate for them. It is a big challenge for an agent to put the needs of two clients with opposing agendas both first! This is called Dual Agency and it happens and some Realtors even encourage it because it is most likely financially beneficial to them, but if you have been brainwashed into thinking you only want to talk to the listing agent realtor, you need to de-program yourself and make the better decision to get yourself a good Buyers agent who will represent YOU and YOUR interests above their Seller whom they already have a contract with!
  • Writing a contract in 2020
    • If you are looking to buy a home today, there is a good chance that you are going to be in a bidding war. We used to say this only applied to a certain price points but not necessarily so anymore. Inventory is low and interest rates are the lowest they have ever been. At this point the old rule of supply and demand kicks in and causes multiple interests in many homes.
  • If you are going to write a contract, consider addressing these points:
  • Can you pay cash? Cash offers always take a priority with a Seller
  • Expect to pay more then the asking price. That’s just how it is! I recently had a great property that was fully updated in a nice neighborhood. There were 42 showings over 3 days and 20 offers!
  • Expect to react FAST. Be prepared. If you are financing this purchase, make sure you are pre-approved with a reputable lender. Many homes today are going into contract in less then 48 hours. You no longer have the pleasure of scheduling second or third showings and “thinking” about it. If you want it, you will need to react quickly!
  • Expect there to be multiple offers
    • Buying a property “As Is”. If it makes sense, you may consider writing a purchase contract “As Is”. You still will want to do an inspection. If the inspection results produce normal minor items to be repaired, you forgo that and absorb the cost yourself. If something is alarming or unexpected, you can still terminate the contract based on the inspection results but the Seller will know that they are not going to be asked to repair multiple items possibly totaling thousands of dollars.
    • Waiving the appraisal or a willingness to cover a shortage in an appraisal. If you are able to bring cash to the closing in case the home appraises for less then the purchase price, you may want to do this. In today’s bidding wars, there is a greater possibility that the home may not appraise for the contract purchase price. If that happens in a financed deal, you may need to cover the difference between the purchase price and the appraised number, re-negotiate the purchase price, or cancel the contract.
    • Escalation clauses are very popular these days. Some Realtors hate them and refuse to allow them. In an escalation clause, you write the contract for a certain price and then agree to offer an amount above the highest offer up to your max number. The Realtor has to be able to provide the competing offer that engaged the escalation. You will need to be comfortable paying the max price in case it goes all the way to that number which may be $20 – 30,000 or more then your original bid based on the number of competitive offers!
    • Home Warrantees. You can always get a home warranty but this may not be the time to ask the Seller to pay for one – you may need to absorb that cost yourself.
    • Offering some time after closing for the Seller to vacate. You may not be able to take possession at closing which has been common recently. This is a Sellers market so they are going to be calling most of the shots. It is more convenient for the Seller to have a few days after the closing and they have their money in hand to move out.

-Heidi

In collaboration with Nth Degree follow on instagram @nthdegreecompanies @nthdegree_nealhauschild @jeff.ramm

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0 In Shopping Guides

Holiday Gift Guide 2020

decorative christmas vehicle with fir tree on shelf

What should you get for the beloved but practical, eccentric, picky people in your life?

Sometimes we give gifts because we know our family and friends will love and appreciate them. Sometimes we give gifts because we feel obligated; choosing a gift from a registry; or perhaps scouring the gift shop for a souvenir as a form of a memory.

This first set are things I would like to have and made myself a deal that when I finish the blog article, I will start shopping 😉

Elemis Products 30% off

Elemis Products are amazing. For the woman who has everything – these skin products are great and brighten your skin and the presentation of lotion and face cleaner.

H&M Gift Ideas

H&M gift items are affordable and currently 30-50% off – thoughtful and sweet gifts that are budget friendly for him or her. These gifts are sure to impress.

Adidas Shoes 25% off

These Adidas shoes are currently 25% off and are currently in stock. They were recently restocked. The leopard design is extremely popular for the female who has everything!

Target Boots

Target Boots are between $29-$44 dollars and most are designer dupes for a fraction of the cost. These are a few of my favorite boots and own most of them!

Nordstrom Deals

Nordstrom always has some amazing finds. The Zella Leggings are a five year running favorite pair of leggings – high waisted – I order the size large. As for the shoes, all are true to size.

Designer Dupes

The Designer Dupe bags are an excellent deal and are ordered through Walmart. The wallet to the crossbody to the carryall bag – all ranging from $19-$59.

Holiday Glam

The Holiday Glam Dresses under $35 – whether you are shopping for Christmas, a night dressed up in, or a New Year’s Eve home gathering…these outfits are the perfect price!

Pottery Barn Finds

Pottery Barn has a variety of robes and slippers ranging from $17-$39 for slippers and $39-$59 for robes. These are on major sale right now and won’t last long. Definitely check them out- the quality is aaamazing!

Dyson Deals

Who doesn’t love Dyson…with up to $250 off a vacuum – you really cannot go wrong. I have the airwrap and love it…It dries and curls my hair and keeps me on point in less than 10 minutes. On sale for less than the $600 I spent 2 years ago. Definitely check out the options listed!

Abercrombie Style

Who does not love Sherpa’s, Vests, and Abercrombie Style? 40% off and what a great deal. I happen to own several of the packable jackets, the sherpas, the vest, and will be adding to the new Sherpa styles this evening. I typically go with a Women’s Large.

Target Deals

Target on Sale……amazing home items for anyone. The candles in store are $5.00 for the 11 oz and $10 for the 20oz. – the smell is incredible and presentation is darling. I am adding the air fryer to my cart right now and I have the other items in my house…all excellent options!

Abercrombie Stocking Stuffers

Stocking Stuffer Wins right here! Love! Love! Love!

Happy Shopping!

XOXO,

Heidi