Real Estate Archives - Lori Blank & Associates

08

Aug

Real Estate

A Tactical Plan to Go From Renter to Owner in One Year

For many renters, the idea of homeownership feels just out of reach. Rising home prices, limited inventory, and financial uncertainty can make the process seem overwhelming. But with a clear plan, the right guidance, and a one-year commitment, you can move from renter to homeowner, and take control of your financial future. Here is a practical, month-by-month roadmap to help make it happen. Month 1: Assess Your Finances and Set a Goal Start by reviewing your income, expenses, and debt. Use a simple budget worksheet to understand where your money is going. Pull your credit report from all three bureaus…

07

Aug

By Lori Blank

Real Estate

Eco-Friendly Features That Actually Add Value

Eco-friendly living is more than just a trend, it is becoming a priority for today’s homebuyers. While solar panels often get the spotlight, there are many other green features that not only reduce your environmental footprint but also boost your home’s resale value. If you are thinking of making upgrades before selling, or you are a buyer looking for long-term savings, these sustainable features deserve a closer look. Energy-Efficient Windows and Insulation Replacing old, drafty windows with double- or triple-pane energy-efficient models can significantly reduce energy costs and improve comfort. Paired with upgraded insulation in attics and walls, these improvements…

06

Aug

By Lori Blank

Real Estate

Understanding the Process of Selling a Home As-Is

Selling a home as-is can be a practical option for homeowners who want to avoid making repairs before listing. However, understanding what it means to sell as-is, and how it affects the process, is essential for a smooth transaction. This approach can attract certain buyers, but it also requires clear communication and realistic expectations. What Does Selling As-Is Really Mean? When a home is sold as-is, the seller is stating upfront that they will not make any repairs or improvements before the sale. The home is offered in its current condition, and the buyer agrees to accept it that way.…

05

Aug

By Lori Blank

Real Estate

The Importance of a Home Inspection Before Purchasing

Buying a home is one of the biggest financial commitments most people make in their lifetime. While the process can be exciting, it is also full of important steps that protect your investment. One of the most critical yet sometimes overlooked steps is the home inspection. Uncovering Hidden Issues A home may look perfect on the surface, but only a thorough inspection can reveal what is going on behind the walls, under the roof, or in the foundation. A certified home inspector checks the major systems of the home, including electrical, plumbing, HVAC, and structural components. These findings help you…

31

Jul

By Lori Blank

Real Estate

How to Buy a Home Before Selling Your Current One

Buying a new home before selling your current one can feel like walking a financial tightrope. While it allows for a smoother transition and avoids the need for temporary housing, it also requires thoughtful planning and the right strategy. If you are considering making a move without selling first, here are key factors to understand and steps to take to make the process work for you. Assess Your Financial PositionThe first and most important step is to review your financial situation in detail. Can you afford to carry two mortgages, even for a short time? Speak with a lender to…

11

Jun

By Lori Blank

Real Estate

Why Some Sellers Leave Fake Family Photos in Their Homes

Walk into an open house and you might expect fresh flowers, cozy furnishings, and soft lighting. But occasionally, you will also spot something more unexpected family portraits in frames that do not match the owner. That’s because some sellers purposely leave behind staged or even fake family photos. While it may sound odd at first, this tactic is rooted in buyer psychology and strategic marketing. Family photos, even staged ones, can stir feelings of warmth, happiness, and emotional connection. Buyers don’t just shop for square footage or granite countertops, they shop for a feeling. A framed photo of a smiling…

06

Jun

By Lori Blank

Real Estate

What is a Pocket Listing?

A pocket listing is a property that is for sale, but not publicly advertised. It is not listed on major real estate websites or even MLS. Instead, the agent keeps the listing "in their pocket," only sharing it with trusted colleagues, buyers, or clients they know are serious. These homes are still for sale, but they are sold more quietly, behind the scenes. Why Would a Seller Choose a Pocket Listing? Privacy: They may not want a lot of people walking through their home, especially if they are still living in it. Testing the Market: Some sellers want to test…

11

Apr

By Lori Blank

Real Estate

Why It’s a Bad Idea to Skip a Home Inspection (Even in a Hot Market)

In a competitive real estate market, buyers may feel pressured to make their offers more attractive by waiving contingencies—especially the home inspection. While skipping a home inspection might seem like a way to speed up the buying process or make an offer stand out, it can be a costly mistake with long-term consequences. Here’s why a home inspection should always be part of your home-buying process, no matter how competitive the market is. 1. Hidden Issues Could Cost You Thousands A home may look perfect on the surface, but underlying problems can go unnoticed without a professional inspection. Structural issues,…

10

Apr

By Lori Blank

Real Estate

The One Feature That Can Make a Home Hard to Sell

Why Location is Everything in Selling a Home When it comes to selling a home, certain features can turn off potential buyers, but one issue stands out as a dealbreaker: a poor location. While many factors influence a home's marketability, location is the one thing that cannot be changed, making it the single most important aspect that can render a home nearly impossible to sell. Why Location is Everything A home can be renovated, remodeled, or upgraded, but its location is permanent. Buyers consider location not just in terms of prestige but also in terms of convenience, safety, and long-term…

01

Apr

By Lori Blank

Real Estate

How Will A Short Sale Affect Your Ability To Buy Another House In The Future?

A short sale is a real estate transaction in which a homeowner sells their property for less than the outstanding mortgage balance. While this option can provide relief to homeowners facing financial hardships, it also comes with consequences that may affect their ability to buy another house in the future. We will explore the impact of a short sale on your credit, eligibility for a new mortgage, and the steps you can take to mitigate these effects. The Short Sale and Your CreditOne of the most immediate consequences of a short sale is its impact on your credit score. When…