OFFICIAL LOCAL NEWSLETTER OF YOUR LOCAL REAL ESTATE NEIGHBORHOOD
SELLING IN THE HOLIDAYS
NEWS INSIDE:
HIDDEN COSTS OF HOMEOWNERSHIP
Looking at the most common hidden costs
LOCAL AREA MARKET UPDATE
Taking a look back at last months statistics
HOSTING A THANKSGIVING?
Staging your home for buyers and visitors
THANKSGIVING COULD BE THE PERFECT TIME!
While most people wait for spring to sell their home, Thanksgiving can actually be a great opportunity Here’s why:
SERIOUS BUYERS
Buyers during the holiday season are often more motivated to make a purchase They may want to move before the end of the year, meaning quicker transactions and less window-shopping
LESS COMPETITION
Fewer homes are on the market during Thanksgiving, giving your property a better chance to stand out to serious buyers.
YEAR-END BONUSES
Many people receive year end bonuses, making November a great time to attract those looking to invest in a new home
Hidden costs of HOMEOWNERSHIP
Renting can feel like wasting money, and if you ’ ve saved a down payment, you may feel ready to buy. But are you fully aware of the other costs you will need to pay when you own a home? Here is a look at the unexpected expenses that come with homeownership:
INSURANCE COSTS
If you have a mortgage, the lender requires you to have a homeowners insurance policy Typically, the annual payments for homeowners insurance are divided and added to the mortgage payments.
PROPERTY TAXES
When you own a house, you must pay the property taxes due for the location based on your homes assessed value. Usually, property taxes are added to mortgage payments and go into an escrow account to be paid annually.
HOME MAINTENANCE COSTS
When buying a home you need to set aside some money to account for any home maintenance costs that might happen. The most common areas are; plumbing, heating, electrical system and exterior.
SETTING A BUDGET
When searching for a home, you need to set a budget and stick to it If you overspend, your monthly payments might become more of a struggle than you are comfortable with
HOMEOWNERS’ ASSOCIATION FEES
To serve all of your real estate needs! The thanksgiving gobble up all the opportunities to buy or sell your home! WE ARE THANKFUL
If your home is in a community managed by a homeowners’ association (HOA), you may have to pay their fees. This fee might be due monthly or less frequently.
November
MAINTENANCE
Check for leaks in plumbing fixtures and repair if needed
Deep clean carpets to remove dust and allergens before winter
Check windows and doors for drafts and add weatherstripping
Ensure snow removal tools like shovels are ready for use
Hosting Thanksgiving? HOW TO STAGE YOUR HOME
With Thanksgiving just around the corner, many homeowners are juggling family gatherings with the possibility of selling their home. Here’s how to get your home ready for holiday visitors while keeping it staged for potential buyers:
DECLUTTER
Clear out any unnecessary items to make the space feel larger and cleaner If you're hosting, keep personal items to a minimum to make your home feel more welcoming
MAXIMIZE YOUR SPACE
Rearrange furniture to create open pathways for guests and potential buyers Show off your home’s best features by minimizing crowding in rooms
Scent plays a big role in creating a warm and inviting environment Use fall scents like cinnamon, pumpkin, or apple cider to make your home feel comforting SET THE MOOD WITH SEASONAL SCENTS
If your home is on the market, opt for tasteful fall-themed décor that complements your home’s color palette without distracting buyers EMBRACE NEUTRAL THANKSGIVING DÉCOR
SHOWCASE KEY ROOMS
Focus on staging key rooms like the kitchen and dining room, as they are central to both Thanksgiving gatherings and buyer interest. Keep countertops clear, add simple, seasonal décor, to help buyers envision hosting their own holiday dinners.
You are invited to at The Barn 05:00 PM - 07:30 PM THE SERENITY BARN 512 STATE HWY M73 IN IRON RIVER, MI 49935 Friday 06 December
Join us for a fun-filled evening with Mr. & Mrs. Claus and do a little holiday shopping with our amazing vendors. Bring your friends and family and enjoy some hot chocolate, take a stroll though our tree farm. There will be plenty of fun and surprises in store for everyone!
