You shop for a home. You find one you like. You make an offer — conditional on a satisfactory home inspection.

Okay so far.

Then the inspector discovers a problem with the home that may require an expensive repair or renovation. Perhaps the frame in the front door is cracked; or there’s a leak in the roof; or the furnace is due to be replaced.

What do you do?

You don’t want to pass up an opportunity to purchase what could be your dream home. On the other hand, you don’t want to have to deal with potentially costly repairs.

First, keep in mind that you did the right thing....

If you’re considering selling your house, you might be tempted to sink some money into home improvements. After all, gleaming new hardwood floors or a stunning wrap-around deck will make your property sell a lot faster, and for more money. And you’ll more than recover your investment with the higher selling price. Right?

Maybe not. While those types of upgrades will certainly make your house more attractive to potential buyers – and may nudge the selling price up a little – you may not recoup all of your costs.

That’s why major home improvements should be done for your...

Sniff, sniff. “What is that smell?”

That is definitely not the reaction you want a potential buyer to have when they view your house.

The problem with common household scents – from family pets, preferred cooking styles, smoking, or even hobbies such as model-making – is that we get accustomed to them. However, someone who enters the house for the first time will notice these aromas right away.

So, before a viewing appointment or open house, be sure household scents are under control. A good airing usually does the trick.

Selling a house can be a stressful process for the entire family. You need to keep the place clean and looking its best. You need to stay away during viewings. You may even need to look for a new home at the same time.

Although you won’t be able to eliminate all the anxiety, good advanced planning will certainly help reduce it.

First, talk to a REALTOR® well before you decide to put the property on the market. A good REALTOR® can help you determine whether any repairs, improvements, or minor touch-ups should be done, so that your home will sell faster and for the best price possible....

When it comes to “staging” your home for sale – which basically means ensuring it looks clean and uncluttered – you probably already know the basics: clean the counters, vacuum the floors, mow the lawn, etc.

But there are some home staging tips that are less obvious, yet can help to sell your property faster and for a higher price. For example…

The Kitchen

Obvious: The stove, sinks and countertops should be spotless.
Not-so-obvious: The contents of your cabinets and refrigerator should be facing face forward.

The Bathrooms

Obvious: They should be clean and uncluttered....

As you tour a potential new home, you notice that the carpeting in the living room is stained. “Don’t worry about that,” says the homeowner, who senses your disapproval. “We’re going to get the carpeting professionally cleaned before we move.”

Should you take their word for it?

Regardless of how honest a seller may seem, never rely on a verbal promise.

Will they move that abandoned car in the back yard? Will they fix the crack in the front steps? Is that expensive-looking ceiling fan included with the house?

Don’t assume. Get it written into the offer.

“Stuff” accumulates. It’s a timeless principle in every household. It accumulates. And accumulates!

Chances are, your basement, garage, and closets are filled with things you don’t want to have to pack and haul on moving day.

The solution? Have a “Moving Out” sale!

Expect a crowd. Bargain hunters love a “Moving Out” sale even more than a Garage Sale because they expect that prices will be lower.

Once you realize that you won’t have to deal with all that clutter on moving day, you’ll love it too.

“Can we afford it?” That’s the first thought that comes to mind when shopping for your next dream home. Fortunately it’s an easy question to answer if you consider your lifestyle, financial goals, expenses and mortgage eligibility.

Lifestyle

There’s more to life than just paying the mortgage and other living expenses. Hobbies, entertainment, vacations, family adventures, and charitable causes are also important. Don’t be house poor. Think of your “lifestyle” as another bill you must pay — to yourself.

Financial Goals

Your new home is not just...