Arterra Realty - Real Estate Blog

When looking through property listings and the term “as is” appears, some people see it as a warning. Others see it as an opportunity. That might get you wondering, what exactly does “as is” mean?

Technically, the term means the owner is selling the home in its current condition, and will make no repairs or improvements (or give the buyer any credits to fund these fix-its).

The term “as is” is rarely tacked on a property that’s perfect and move-in ready. On the contrary, “as is” homes are often in disrepair, because the sellers can’t afford to fix these flaws (which would help them sell the home for a higher price). Or else, the house may have been through foreclosure and is now owned by a bank, or the seller died and left the house to

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Home Inspector New Homes

When you buy an old house worn down by time and climate, it’s a no-brainer to hire a home inspector to check what shape it’s in—before you commit to your purchase. But should you hire a home inspector for a new house, even if it hasn’t been finished yet?

As odd as it may seem, the answer is yes. Here’s why new houses should get inspected, too, and the best way to go about it.

New homes can have problems, too

Sure, a new home may look flawless, but that’s because no one has lived in it to see if anything’s amiss. Ever notice how new products can be riddled with flaws that are caught only after they’ve been tried out by consumers? (We’re looking at you, Samsung Galaxy Note7!)

Well, the same is true for homes. Buy a new one, and you’re

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1. Tax Benefits 

The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home.

 

2. Appreciation 

Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS®. The recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 years, which included quite a few very bad years for housing, values are still up 7.0 percent on a cumulative basis. In addition, the number of U.S. households is expected to rise 10 to15 percent over

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I read a very interesting article today on paying if forward. The person who was being interviewed said that she looks for opportunities everyday to pay it forward. She went on to say that everyday she wakes up thinking about how she can help someone else.  Right now we are right in the middle of the Thanksgiving and Christmas season and these are great times to pay if forward.  People are sometimes more accepting during the holiday season. So why not look for an opportunity to pay it forward. Buy someone's groceries, purchase a gift and take it to a nursing facility or give toys to a charity. How about adopt a family.

I met a young brother and sister who recently lost their mom and I feel honored to help them find a new house.  They have a sad story

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Thanksgiving is a great time of the year to reflect on what is really important to you. I have a daily habit that I do with a young friend.  My friend is married with three children a house, 2 cars and a dog.  In June of 2015 she was told that she needed to undergo surgery because a lump was found. Well immediately my heart went out to her and her young family.  We decided that it was just not her time and that we would find something  positive to focus on and something to be thankful for everyday.  Well it's now November 2015 my friend does not have cancer, and we are still at it. Each day there is a simple text or an occasional phone call which just says "today I am thankful for....." try it you will smile

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Living in a small space poses many challenges from an interior design perspective. Too much furniture and your home feels small and cluttered. Too little and you lack the functionality you need for day-to-day living.

From furniture placement to controlling clutter, maximizing what you have is a must if you want to get more from less space. Here are some tried-and-true tips for maximizing your small abode.

Divide and Conquer -- Instead of breaking up your floor plan into individual rooms, consider an open layout that uses strategically placed furniture to divide the space.

Go for Light and Bright -- Use lighting to create a sense of spaciousness. Start by allowing in as much natural light as possible, keeping window coverings to a minimum and

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5 Tips Bid War

How to Give Your Offer an Edge

Looking to buy in a hot market? It's possible that you could end up in a bidding war for the property you want. In addition to offering more than the asking price, here are a few tips to give your offer a competitive edge.

Be Ready -- Have everything you need in place. Get pre-approved for financing and set aside your down payment. If you have to sell a home, consider waiting until after your home sells before making any offers.

View and Inspect -- Try to write an offer with as few conditions as possible. One strategy is to have a home inspector accompany you on subsequent viewings of the home you are considering so a home inspection may be excluded from the conditions.

Be Flexible -- Let the sellers know

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