Friday, March 19, 2010

10 Staging Tips to Help Sell your Home!

Remember … “Decorating” is personalizing to your taste, while “Staging” is depersonalizing, to appeal to a larger percentage of the public.



1. Visit model homes and examine shelter magazines for inexpensive decorating ideas. Always keep in mind you are not decorating for yourself but for the general public.



2. Start with the outside. Give the house a fresh coat of paint, add shiny hardware to the front door and plant a few flowers to send a subliminal message the house is loved and well cared for.



3. Declutter every room to make it look larger. Get rid of family pictures, trophies and knickknacks. Closets and drawers should be no more than 30% full.



4. Invest in eco-friendly but bright lights. Open the drapes or remove them completely. “Light, bright rooms give the impression this is a happy place—and everyone wants to move into a happy place.”


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5. Feature only a few pieces of furniture with mainstream appeal. Pull pieces away from walls to make rooms look bigger.



6. Make sure a room’s primary use is obvious. A bedroom should look like a bedroom, not an office, hobby center or gym.



7. Bedrooms and kitchens are difficult to stage because they are in daily use, but make the effort. Clear everything off the counters and nightstands, roll up the rugs and hide the laundry hamper. Buff the cabinets with car wax and clean under the sinks. Invest in pristine white bed linens and towels.



8. Minimize the “pet effect.” Remove food bowls and litter boxes to the utility room. Deodorize thoroughly.



9. Organize the utility room and garage. Hang up the bicycles, roll up the hose. Renting a storage locker is worth the cost if it helps you sell faster and for a higher price.



10. Once your house is staged, invite your friends or Realtor over and walk them through to get an objective opinion.






Dianne Dunn and Team New Bern
Keller Williams Realty
New Bern, NC

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Monday, March 08, 2010

Need a Loan? Pre-Qualification Guidelines for FHA

You'll hear many people say that loans are not available during these recessionary times. That's not true!

Home loans are READILY available with certain criteria.

According to the Federal Housing Administration (FHA), their pre-qualification essentials include:

* Having a steady employment history, at least two years with the same employer.
* Consistent or increasing income over the past two years.
* Credit report should be in good standing with less than two thirty day late payments in the past two years.
* Any bankruptcy on record must be at least two years old with good credit for the two consecutive years.
* Any foreclosure must be at least three years old with good credit for the past three years.
* Mortgage payment qualified for must be approximately 30 percent of your total monthly gross income.

Other lenders' ideas regarding pre-qualification are all similar to those outlined above. A mortgage lender will look at your credit report, earnings, debts, and savings in order to see how much home you really can afford.

Why is this important? In recent years there has been a “mortgage crisis,” where the industry was rampant with fraud and with loans that put homeowners into situations they could not afford. As payments rose, homeowners found themselves unable to meet their monthly obligations. According to Realtytrac.com and their U.S. Foreclosure Market Report, in January 2010, one in every 409 households in the country had received a foreclosure filing.

Since pre-qualification for a home loan typically costs you nothing, but gives you both a goal of what homes are in your affordability range, as well as how much money you should look to have saved for a downpayment, you can hardly wait to take this step.

During the pre-qualification process, you will be expected to provide the following information:
** Your gross monthly income
** Your total monthly payments (car payments, credit cards minimums, child support payments, student loan payments, any other monthly debts)

The lender will be looking to see that your debt to income is below about 40 percent, and the lower the better. So, if you are looking to buy in the near future, be sure to get "Pre-Qualified".

Contact your local Realtor Professional, who can give you the names of lenders who have very competitive rates.

Dianne Dunn and Team New Bern
Keller Williams Realty
New Bern, NC

Email Dianne!
Visit our Website:

Search All Properties in the New Bern area.

Friday, March 05, 2010

Local New Bern News - Market Update

This column is customized each month so that I can share with you, the current monthly statistics. Please feel free to contact me if you have any questions! Or, visit my website at www.NewBernHomes.com.

HOMES SOLD (Closed), February 1 through February 28
(from NRRAR MLS Service)

Under $99,999 = 07
$100K-$139,999 = 13
$140K-$179,999 = 22
$180K-$219,999 = 07
$220K-$259,999 = 04
$260K-$299,999 = 02

$300K-$349,999 = 02
$350K-$399,999 = 00
$400K-$499,999 = 01
$500K-$999,999 = 02
Over $1,000,000 = 00

Total February 2010 = 60
Total February 2009 = 89
Total February 2008 = 125
Total February 2007 = 158

NEIGHBORHOOD PROPERTIES "SOLD", February 1 through February 28 (from NRRAR MLS Service)

NEIGHBORHOOD PROPERTIES "FOR SALE" (from NRRAR MLS Service)

For the BEST Internet Marketing, and the Most Responsive Service in New Bern, Contact DIANNE! Email Dianne (252) 636-3301 or Toll Free: (888) 781-8800

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