Coldwell Banker Murray Real Estate, Inc



Posted by Coldwell Banker Murray Real Estate, Inc on 9/12/2017

A yard sale offers a valuable opportunity to get rid of items before you sell your house. As such, it is important to promote your yard sale effectively; otherwise, you may miss out on a chance to declutter and earn extra cash at the same time.

Ultimately, there are many quick, easy ways to stir up interest in your yard sale, such as:

1. Post flyers in your city or town

Old-fashioned flyers can help you promote your yard sale to large groups of people in your city or town. That way, you can create a buzz around your event and increase the likelihood of selling your stuff.

If you use flyers to promote your yard sale, be sure to include essential information like the location, date and time of your event. Also, using bright, vibrant paper and colorful markers may help your flyers stand out.

Ensure that all of your yard sale flyers are legible, accurate and easy to understand. This will help minimize the risk of miscommunication with potential event attendees.

Of course, it never hurts to ask business owners for permission to post flyers at local companies, either. The more flyers that you post, the more likely it becomes that your yard sale will be a resounding success.

2. Create an online posting

An online posting makes it simple for you to provide details about your yard sale to large groups of people.

Putting an online posting on Craigslist or local community websites may prove to be worthwhile. And in some instances, you may even be able to include photos of items that you plan to sell at your yard sale.

In addition, invite friends on Facebook and other social networks to attend your upcoming yard sale. By doing so, you can boost your chances of stirring up substantial interest in the days leading up to your event.

3. Select the right date and time

Oftentimes, Saturdays and Sundays are the best days to host a yard sale, and for good reason. Many people don't have to work on weekends, and as a result, may have free time to attend your yard sale.

After you know which day of the week that you want to host your yard sale, consider the date and time of your event closely.

Take a look at the holiday calendar, and you should have no trouble selecting a yard sale date that works well for most people in your area.

Think about the time of your yard sale too. And remember, if you host a yard sale that coincides with local community events, it may be difficult for some people to attend.

Lastly, if you need extra help stirring up interest in your yard sale, don't hesitate to reach out to your real estate agent. This housing market professional may be able to share details about your upcoming yard sale with clients and colleagues.

Generating buzz in a yard sale can be easy, and with the aforementioned tips, you can stir up plenty of interest in your event.




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Posted by Coldwell Banker Murray Real Estate, Inc on 9/5/2017

Want to transform your ordinary bedroom into a fabulous living space that grabs homebuyers' attention instantly? Stage it before your next home showing. By doing so, you'll be able to accentuate the positives of your bedroom and increase your chances of selling your home. Staging a bedroom can be fast and simple – here are three tips you can use to stage your bedroom effectively: 1. Clean up and organize your bedroom. Your bedroom represents a sanctuary from the outside world, a room where you can rest, relax and get the Zzz's you need to remain productive and efficient day after day. Home sellers who hope to pass on these feelings to prospective homebuyers, meanwhile, will need to organize their respective bedrooms immediately. A messy bed and dirty floors certainly will give a bedroom a lived-in look and feel but will do more harm than good as you try to sell your residence. Instead, clean every inch of your bedroom and ensure the space looks immaculate. And if you encounter clutter, be sure to get rid of unnecessary blankets, clothing and other items or find storage units for these items that won't take up too much space. 2. Use neutral colors. When it comes to your bedroom's décor, neutral colors will serve you well. Adding a fresh coat of neutral-colored paint to your bedroom's walls may help make your bedroom appear larger and brighter. And ultimately, neutral colors could help your bedroom make a long-lasting impression on prospective homebuyers. Remember, when it comes to promoting your bedroom, you'll want to do whatever you can to leave a distinct impression on homebuyers. And with the use of neutral colors, you can give homebuyers the opportunity to envision what life could be like if your bedroom was a part of their new home. Incorporate neutral colors into your bedroom's décor, and you may find that many homebuyers will view your bedroom as a positive feature that helps differentiate your residence from others that are available. 3. Avoid the temptation to overfill. As a home seller, there may be a natural inclination to try to make your bedroom appealing to as many prospective homebuyers as possible. However, you'll want to do everything you can to avoid overfilling your bedroom in the hopes of generating significant interest in your residence. Ideally, your bedroom should be able to speak for itself, creating a wonderful first impression that makes it an attractive option for homebuyers. And if you can avoid the temptation to overfill, you'll be able to show homebuyers that your bedroom can serve as a superb oasis from the outside world. Staging your bedroom might seem difficult, but the aforementioned tips can help you keep things simple as you prepare to showcase your bedroom to prospective homebuyers. Plus, keep in mind that your bedroom is merely one room in your house, and other factors likely will influence homebuyers' decisions as well. With the right staging process, you'll be able to show homebuyers exactly what your bedroom is all about. As a result, you can use staging to your advantage and improve your chances of a quick sale.





Posted by Coldwell Banker Murray Real Estate, Inc on 8/29/2017

If you’re in the market to buy a home, you want to find the perfect place for you and your family. In a seller’s market, the competition can be fierce. As a buyer, you may be under the impression that you need to make the highest offer in order to secure the home of your dreams. The problem is, you may never know what price other people have offered for the same home.


Know Your Budget


First, you should know what kind of a budget you have to work with to buy a home. You probably have done an online search to see what’s out there and what price range the homes you like fall into. You’ll want to go beyond the online search and actually see some of your favorite houses in person because pictures can be deceiving. 


Next, you’ll want to do is speak with a lender. This can help you before you even hit the ground running on your home search. A lender can pre-qualify you then work you through the process of pre-approval. This will give you a definitive number to work with when searching for a home. With this number, you’ll know how much you can offer comfortably when you find that house you fall in love with.


Make A List Of Priorities


Finding the “perfect” house usually requires that you make a few compromises along the way. It’s very unlikely that you’ll find one house that gives you everything you want in one place without a bit of imagination. Jot down all of the things about a home that are the most important to you. These items could include:


  • The neighborhood
  • Big backyard
  • Open floor plan
  • Number of bedrooms
  • Hardwood floors
  • The size of the rooms
  • Style of the house
  • Granite countertops


Whatever is important to you should be on the list. Next, go through the list and see what can be compromised on. There are probably a few luxuries on the list that you could stand to give up in lieu of something else.  


The Offer


Once you find that home you know that you absolutely want to live in, you’re going to want to make an offer. Let your realtor know immediately that you’re interested in the home and they can get to work. Your realtor can help you to make an offer that’s reasonable based on the asking price and your budget. Your offer doesn’t have to be thousands of dollars over the asking price for you to win the bid. There are a couple of strategies that can help you to land the right home even if you’re not stretching your budget to the max.


Showing You’re Serious


Taking steps like being pre-approved and having all of your finances in order can help to give you the upper hand in the house hunt. Sellers don’t want to deal with a buyer who is ultimately going to have issues where the deal will fall through.


The Offer Letter


Writing a letter along with your offer is a great personal touch to help you land the home of your dreams. If a seller knows that the home they have lived in and loved will go to another owner who is going to appreciate and take the same great care of the home, they will be more likely to go with you as a buyer. First, tell the seller a bit about yourself and why you love the home so much. Compliment the landscaping. Tell the seller just how much your kids are going to appreciate living in the home. Don’t be afraid to get too personal when it comes to writing an offer letter to the sellers. They will appreciate honesty and a candid approach in the sometimes all too serious matter of buying a home.





Posted by Coldwell Banker Murray Real Estate, Inc on 8/22/2017

Renting a house is a stress free way to really find out how much you like a property. When you rent a house, you can find out how well you gel with neighbors. You can also discover how much your spouse or children like the home.

Renting a house offers unique safeguards

There are other advantages to renting versus buying a house. Above all, you won't have to take on ongoing debt that's inherent in a mortgage to learn:

  • That bedroom and bathroom layouts are not conducive to your children's school or sports preparation activities
  • Neighborhood pets are too aggressive for you to be comfortable letting your young children play outside without you constantly being right by their side. If it's not your neighbors' pets, it's stray dogs and cats that you're concerned about.
  • Noise coming from your neighbors' homes keeps you up at night even if you shut your windows
  • The master bedroom at the house is too close to a street light, causing you to struggle to get and stay asleep
  • Trash pickup is a headache. Despite how many times you call the local garbage company, large boxes and bags of trash remain at the edge of your front walkway or alley for one to two days longer than they should
  • Traffic on the street is too busy or moves too quickly for your comfort, even if you live alone
  • Entertainment, restaurants and shops are too faraway
  • It takes you too long to commute to and from work, even if you take public transportation

When one or more of these situations occurs, it might be best to vacate the property at the end of your rental agreement. In most cases, you'd have nothing to lose after you vacate the rental home.

House renting and buying come with unique pros and cons

You could even rent two to three house for six months before you decide on a house to buy. Renting two or more houses could make it more clear to you which specific amenities you want. For example, you might learn that having a separate bathroom for each of your children is important.

Other things that you might learn from renting two or more houses are that you want to be within five or fewer miles of a reliable form of public transportation and that you don't want to live close to a school. Living in a community that's growing,an area that's bringing in more companies, might also be key for you.

After you rent a house, you might be surprised to learn that you don't want to live close to neighbors. Having a finished basement, covered parking or two car garage might turn into "must haves" as well. Had you not rented a house, you might have convinced yourself that you could enjoy living in a house without these amenities, and mistakenly bought a house that you would never be happy with.

The chance to step away from a lease agreement within a year or less is a benefit that you generally won't get if you buy a house. This single lack of certainty keep some people renting instead of trusting that they could love living in the same house for years. After all, despite the number of times that you walk through a house, it's not the same as actually living at a property.





Posted by Coldwell Banker Murray Real Estate, Inc on 8/15/2017

Major corporations aren’t the only entities that save big on taxes each year. As someone who works from home, there are deductions that you can take that could save you lots of tax dollars. Home office tax deductions change. For this reason, it’s important to stay current on allowable deductions. It’s also important to keep detailed records and receipts.

See if you qualify for these home office deductions

Your greatest tax savings will probably come if you are a sole proprietor, meaning that you operate your own business out of your house. Following are general deductions that you could be eligible for:

Usage of part of your home - To take this home deduction, you must use a portion of your home solely to conduct business out of. You could also be eligible for the deduction if you meet with customers at a place in your home. Examples of this include operating a daycare or a hair salon out of your house. A room that's attached to your house could also qualify as a deduction if this room is used for business.

Maximum home deduction - Your home deduction generally cannot exceed the amount of income that you generated through your home based business. If your deductions exceed the amount of annual revenues that your business generated, you may have to reduce the amount of deductions that you file.

Forms - The Schedule C and Form 8829 are two documents that are used to file home deductions. Form 8829 is used for regular home deductions.

Office supplies - In addition to taking a deduction for using a portion of your house to conduct business, you could deduct office supplies like the cost of a printer, computer, office desk, chair, filing cabinets and ink and paper. Mailing envelopes and file folders are other types of office supplies that you may be able to use as a deduction.

Travel - Flights to meet with clients and prospects or to speak at business conferences could qualify as a deduction. As a safeguard, keep a copy of the event brochure or itinerary with your flight, hotel and meal receipts. Additionally, you might be able to deduct mileage costs. Again, the travel needs to be used to conduct business.

Marketing - Keep receipts of money that you spend to market your business. These expenses could be deducted from your home business revenues. Included in marketing deductions is the cost of postage stamps. Consider working with a reputable tax preparer to review deductions before you take them.

As with any tax deductions, check with the IRS to confirm that you are eligible for a home office tax deduction before you take the deduction. Make sure that you have a record that confirms a purchase you made before you list it on your tax return. Also, ensure that you use the proper tax forms. For example, if you were paid to perform services for a client, you may need to file a 1099 Form. You also make need to file a Schedule C to list out your home office deductions.







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