Tina Bilazarian
Tina Bilazarian Daily Emails Tina Bilazarian reviews


Posted by Tina Bilazarian, Broker on 5/28/2020

Ready to add your residence to the real estate market? A home appraisal may prove to be a great first step.

With a home appraisal, you'll be able to understand the true value of your house. This comprehensive home assessment enables an expert home appraiser to evaluate every room in your home. Then, a home appraiser will provide details about your home's strengths and weaknesses.

Ultimately, there are many questions for a home seller to consider after a home appraisal is completed, including:

1. What did the home appraiser discover during the evaluation?

A home appraiser boasts in-depth home maintenance knowledge and insights. As such, this professional will do everything possible to identify problem areas with you home that you can repair before you add your residence to the housing market.

Consider the results of a home appraisal closely. By doing so, you can understand your home's strengths and weaknesses and search for ways to transform your house's weaknesses into strengths.

Also, it is important to establish realistic expectations for your residence after a home appraisal.

If a home appraiser discovers myriad problems with your residence, there is no need to worry. You can always repair these issues on your own or hire home maintenance professionals for extra help.

Or, if you decide not to complete home repairs following a home inspection, you should price your residence accordingly. That way, you can be honest with homebuyers about the pros and cons associated with your home and enable these homebuyers to make informed decisions about your residence.

2. Are there major or minor problems with my house?

What differentiates a major home problem from a minor one? The time and resources required to fix a problem often serve as key indicators about whether an issue can cause major headaches over an extended period of time.

For example, an oven light that has gone out can be replaced quickly and effortlessly. On the other hand, your home's obsolete, inefficient furnace may require thousands of dollars to replace.

Simple home improvements can make a world of difference in homebuyers' eyes. Following a home inspection, you may be able to find a variety of quick, easy and effective home improvement tasks that you can complete to enhance your home's appeal.

Be prepared to complete major home improvement projects as well. Remember, if you finish assorted home improvement tasks now, you may be able to help your residence stand out in a highly competitive real estate market down the line.

3. Which home repairs should I prioritize?

Home repairs should help you maximize the value of your residence. Therefore, you should prioritize home maintenance projects that will help you transform your ordinary residence into an exceptional one.

If you need help to determine which home repairs to prioritize, don't forget that a real estate agent may help you do just that. This real estate professional will work with you throughout the home selling process and ensure you can enhance your residence both inside and out.




Categories: Uncategorized  


Posted by Tina Bilazarian, Broker on 5/21/2020

Houseplants may seem like a strange thing to bring into your home. Plants belong outside, donít they? Plants and people actually have a relationship where they need one another. Plants produce much-needed oxygen for humans. Humans release carbon dioxide, which plants need to perform photosynthesis. Plants should be placed throughout the home, especially in bedrooms, to release fresh air throughout the night when sleeping. Essentially, the right plants in your home can help to improve your overall health and well-being. 


Increases Humidity


Many people complain of having dry air in their homes. Plants actually release about 97 percent of the water that they take in. This moisture is released back into the air and increase the humidity in the air. This means that putting several plants together can really help to increase the moisture levels in a room. Having a more moist room helps to keep respiratory symptoms from flaring up as well as decreases the number of colds, dry skin flare ups, and other ailments associated with dry air.     


Natural Air Purifiers


Plants are natural air purifiers. They remove toxins from the air and even get rid of a large percentage of volatile organic compounds (VOCs). These compounds can be found in everything from paint to newspapers and textbooks. VOCs are actually transformed into food for the plant. 


Just How Many Plants Should You Have?


To improve your health and the air quality in your home, youíll want to place plants about every 129 square feet. For air purification purposes, youíll want to place about 16-18 plants in an 1800 square foot space. This may sound like a lot, but if you consider spreading plants throughout your home, you'll fill the quota fairly quickly. Larger plants can also be used, placing one or two per room to fill this suggested requirement.  



Best Houseplant Choices:


  • Gerbera daisy
  • Spider plant
  • Boston fern
  • Philodendron
  • Snake plant
  • Peace lily


These plants all have different benefits but most are best known to purify the air, improve happiness, and increase well-being.

If you donít have a green thumb, you should definitely get one. Most houseplants are not that hard to take care of. Itís easy and fairly inexpensive to equip your home with a good number of houseplants. The greenery will also add to the ambiance and decor of your homeís overall theme. Every room, including the bathroom, can benefit from these plants. Think of houseplants like another member of the family- one that gives you oxygen and clean air to breathe!       


 





Tags: decorating   houseplants  
Categories: Uncategorized  


Posted by Tina Bilazarian, Broker on 5/14/2020

Image by Ryan R Fox from Shutterstock

It can be a stressful endeavor to purchase a home. As one of the most significant investments in life, it is important to understand the steps and fees you may encounter beyond the sale price. When you are searching for a property, keep the expense of closing in mind.

What Are Closing Costs? 

Closing costs are the various expenses and fees that are separate from the purchase price of your house. They apply to the end of the process. Charges include taxes, inspection, title insurance, and title search, as well as some upfront expenses such as homeownerís insurance.

Closing costs generally range from two to five percent of the purchase price. The final fee is dependent on your location. Most of the expenses are for state and local government, lenders, and legal processing. You can save on some of these by working with a mortgage broker who is experienced and knowledgable about local laws.

What Should You Expect? 

  • Appraisal: This fee goes towards making sure that the price of the home matches the actual worth of the property.

  • Escrow payment: When it comes to timely preparation of the documents, you can trust a good escrow company to take care of the paperwork on your behalf. Prompt preparation of your papers can make a significant difference as it can enable you to close on time.

  • Title/attorney fee: The title and attorney fees are put in place to ensure the transfer of the home's deed occurs without issue. To ensure that it all goes smoothly, work with a highly reputable title company. 

  • Lender fees: The lender fees may include a wide range of items like transfer fees or administrative fees. A broker commission may be part of the cost.

Other fees could include loan interest and loan insurance. Your realtor can help you to save money during your closing and prepare you for the process, work closely with them to determine the fees that may be negotiable.





Posted by Tina Bilazarian, Broker on 5/7/2020

ďShort salesĒ may have one of the most deceiving names in real estate. Any client who is undertaking the purchase of a short sale property will ask, ďWhy is this taking so long?Ē Short sales generally happen due to lapsed payments on a mortgage. In the short sale, the owners take a loss on the property, but it saves them from being foreclosed on by the bank. Many of these sales are circumstantial by divorce, or a sudden change in job. The seller asks the bank to take less money than the amount owed on the house in a short sale transaction. 


If Youíre Buying A Short Sale Property


If you have made an offer and the seller accepts it, your dealings are far from over in a short sale. The sellerís bank needs to approve the sale. Since the bank is losing money in the deal, this is where the hold up can be in the entire transaction.


The First Step


The sellerís bank must review the short sale package first. The seller needs to submit a complete picture of their finances to the lender. The sellerís credit score will also be reviewed. A bank would not approve a short sale if, letís say, the seller happened to have a lot of extra cash just sitting in a bank account. The lender needs to protect themselves.


The listing agent should be on top of all of the paperwork that should be done in order to have the transaction approved. As a buyer, youíll appreciate a good short sale listing agent. 


Make Sure Everything Is In Order


Thereís a lot of paperwork to sign in order to get a house. Thereís even more paperwork to sign in order to secure the purchase of a short sale. If just one page of the documents are missing or one signature is left unsigned, the entire process can be slowed down even more. As a buyer, you should confirm that all the required documents have been signed and received. 


Another problem that can occur is that documents quickly become outdated. Bank and other financial statements are a good example of this. By the time paperwork is ready to go through the lender, last monthís bank statement could be completely outdated. The lender will then need an updated statement, holding up the process even more. The seller and agent need to be ready for these circumstances. The faster the lender is responded to, the smoother the process will go.          

 

Remember Youíre Working With Two Banks


When youíre purchasing a home thatís a short sale, youíll need to deal with two banks- your lender and the bank handling the short sale. Be mindful of the timelines that each bank has. If you arenít, you could be approved hours too late to buy the property, leaving you and the seller to start from scratch. 


Buying a short sale is risky because there is always a greater chance the sale will fall through or succumb to foreclosure due to some kind of circumstances beyond the buyer or the sellerís control. If you have the right realtors on both sides of the table, the process of buying a short sale should go as smoothly as can be expected.      





Posted by Tina Bilazarian, Broker on 4/30/2020

Believe it or not, an inspection may make or break a home purchase. And if a homebuyer fails to allocate time and resources to perform a comprehensive inspection, the consequences could be severe.

Ultimately, there are many reasons to conduct an extensive inspection before you finalize a home purchase, and these include:

1. You can identify any underlying structural problems with a house.

A home inspection provides a valuable learning opportunity for a homebuyer. In fact, an inspection can help you identify any underlying structural problems with a house before you complete your purchase.

During a home inspection, a property expert will examine a residence both inside and out. When the property expert has completed his or her inspection, this professional will provide you with an inspection report.

As a homebuyer, it is important to review all inspection report results closely. With these home insights, you can decide whether to proceed with a house purchase or reenter the real estate market.

2. You can assess the costs associated with various home repairs.

A comprehensive home inspection enables you to learn about a wide range of home problems. After you receive a home inspection report, you can analyze the costs associated with various home repairs as well.

If you find that home repair costs could be substantial, you may want to ask a seller to complete assorted home improvements. Or, you can always request a reduced price for a home due to its condition.

Furthermore, if you are overwhelmed by potential home repairs, it is important to remember that you can still walk away from a home purchase. And at this point, you can restart your home search from square one.

3. You can determine whether a home is a viable long-term investment.

A home generally is a long-term investment, and as such, you should strive to optimize the value of your house purchase. Thanks to a comprehensive home inspection, you'll be in a great position to do just that.

With an in-depth home inspection, you can identify a house's strengths and weaknesses. And if you feel comfortable with a house after an inspection, you can finalize your home purchase and reap the benefits of a successful investment.

When it comes to conducting a home inspection, it helps to collaborate with a real estate agent. This housing market professional can put you in touch with the top local home inspectors to ensure you can receive expert support as you evaluate a residence.

Let's not forget about the assistance that a real estate agent can provide throughout the homebuying journey, either. A real estate agent can set up home showings, help you submit offers on houses and much more. As a result, a real estate agent will make it easy for you to enjoy a successful homebuying experience.

Ready to pursue your dream house? Consult with a real estate agent, and you can receive plenty of support as you proceed along the homebuying journey.




Categories: Uncategorized