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What You Need to Know About Selling a Home When Divorcing

by The Hat Team


Moving is one of the top five most stressful life events. Divorce ranks in the top five as well.   Put those two together and you have a meltdown in the making.  If you and your spouse own a home together and you are divorcing, you are going to have to figure out what you’re going to do about the house.  This can be challenging under the most amicable of situations and can be devastating when there is bitterness and fighting.

Since your home is likely the greatest asset that you share, selling it is often necessary when parting ways.  Sentimental value may entice one or the other of you to want to keep the home, but financial implications may keep you from doing so.  Understanding how divorce affects the sale of a home is crucial.  The emotional aspect of splitting up your family can sometimes impair your judgement but making a poor decision regarding your home can have lasting ramifications, long after the divorce is finalized. 

Whether one spouse wants to buy out the other and keep the home or both want to sell and split the equity, selling a house while getting divorced is a rocky road that needs to be navigated intelligently.  When two people are willing to deal with each other in a peaceful, respectful way, it certainly makes the whole process easier. But often this is not the case in these situations.  Division of a home is not simple. 

When each spouse contributed to purchase the home - even if one paid more than the other - you are both going to want your fair share out of it.  Ideally, you will be able to work with an attorney or mediator to come to an agreement out of court, but if you can’t, a judge will decide for you.  This can be a very unpleasant experience for all parties involved.  If both your incomes were factored in the purchase of the house, chances are when you split that in half, neither of you can afford it on your own. If that is the case, the best solution is to sell the home and divide the assets.  There are also tax implications that should be considered when you are trying to decide if you should sell before you divorce or after. Capital Gains Tax and Divorce: How to Preserve Your Biggest Home Sale Tax Break

Should one of you decide to stay in the home, there are a couple of different ways to make that happen.  First, if you have the financial means to do so, you can take over the mortgage by refinancing.  This means you must qualify for the loan and be able to make the monthly payments on your own.  Your ex-spouse will be completely out of the picture.  Another way is to continue co-owning the property.  Perhaps you have children and want to keep them in their home. While this is the least disruptive option, it is precarious and requires a lot of trust.  It would have to be a very civil and friendly divorce for this to work because both parties will be responsible for the mortgage and upkeep of the house.  The bottom line is that if you plan to stay in the home, you better be sure you can afford it.  It would be prudent to work out a budget before you make the decision. 5 Simple Steps to Create a Successful Budget

With all the financial and emotional issues that get wrapped up in the sale of a home during divorce, it’s crucial that you know what you want prior to meeting with your Realtor. It is best for you to meet with your attorneys for them to guide you through the process of deciding how to split the equity. Once you have that done, seek out an experienced Realtor like Sandra Nickel, who will gently guide you through the process with as little stress as possible.

Photo Credit: quickhomeoffers.com

5 Tips for Selling a Home Out of State

by The Hat Team


Best case scenario – you sell your old home and buy your new one at the same time. Unfortunately, things don’t always work out that way. Chances are you might find yourself in your new dream home while still having a house several states away that needs to be sold.  Selling a house from out of state has its challenges, especially when you are unpacking a new home, settling into a new job and establishing your routine in a new place.  But making a successful sale is not impossible.  Here are 5 tips to help you sell your home from out of state:

  1. HIRE A PROFESSIONAL REALTOR WHO IS EXPERIENCED WITH OUT OF STATE SALES

When hiring a Realtor to handle the sale of your home in your former city, you will want to find someone who has experience with out of state sales.The right listing agent will be experienced in communicating with clients remotely and will be able sell your home quickly.You are going to want to find someone that will keep you up to date with what is going on with your property; someone you can rely on to respond to your phone calls and emails in a timely manner.

  1. FIND A PROFESSIONAL TO STAGE YOUR HOME TO SELL IT FASTER

Since you have already emptied out your former home for your move, staging your home will need to be left in the hands of someone in your previous city.Hiring a professional stager (your Realtor can recommend one) will go a long way toward getting your house sold for the best possible price. Per a study conducted by the National Association of Realtors (NAR), homes that are staged sell faster and at higher prices than those that are not staged. Staged Homes Sell Faster

  1. BE SURE THAT CLOSING FROM OUT OF STATE IS AN OPTION

Before you move, take the time to think about how you are going to close on your current house from out of state.Many attorneys require you to be at the closing table in person, so it’s important that you seek one who is willing be more flexible.The cost and inconvenience of having to go back to your previous city for a closing can be avoided if you find someone who will allow youto sign the closing documentsin your new city with a local notary present.

  1. BE THE LIASON FOR YOUR TEAM MEMBERS

Unnecessary back and forth between the people involved in the sale of your house can be avoided by making sure your team has all the documents/paperwork they need throughout the process.You will also want to provide contacts for all your team members so that they can communicate without you as the go-between.

  1. LET YOUR TEAM DO THE WORK

Now it is time to hand over control to your Realtor and the rest of the team so they can handle the sale for you.Some people may find it difficult to relinquish control, but when you are in your new home in another state, you need to place trust in your team to get the job done! 4 Signs You Can Trust Your Agent to Sell Your Home

If you are moving away from the Montgomery area and need a trustworthy, experienced Realtor to sell your home, let Sandra Nickel and her Hat Team of Professionals do the work for you!  Give them a call today at 334-834-1500!

Listing Your House for Sale? Fix it Up First!

by The Hat Team


If you want the best price for your house, you may have to do some repairs before selling it. Potential buyers will be willing to spend more for a home that doesn’t need a lot of work.  Here are 5 important things to fix before selling:

  1. Exterior - When was the last time the exterior of your house was painted?  Is the paint faded and chipping?  Is wood rotting around the windows?  Is your front door dingy?  First impressions matter when it comes to selling your home and buyers will get their first impression when they see the outside of your house, whether in pictures or in person.  Don’t forget the landscaping.  A well-kept lawn and simple, but clean flower beds will go a long way toward creating an enticing aesthetic for your property. The Importance of the First Impression of a Home
     
  2. Interior Paint - If the walls are looking a bit shabby and the trim a bit grimy, painting is a quick and easy fix.  The same applies if you went through a crazy color phase a few years back and decorated with hues that might not appeal to everyone.  Choose neutral colors that will allow buyers to focus on the spaces without being distracted. Paint Colors that Sell Houses Faster in 2019
     
  3. Kitchen - The kitchen is one of the most important rooms people focus on when looking at a house.  So, if yours is looking run-down you will want to update it.  It will be worth the investment to replace appliances that are on their last legs or putting in a new granite counter.  Or it might be as simple as repainting cabinets and adding shiny, new handles.
     
  4. Bathroom - Nothing turns buyers off faster than an unsightly bathroom.  Sparkling, clean fixtures and a fresh coat of paint will go a long way toward impressing someone searching for their dream home.  Inexpensive touches like a decorative mirror or a lovely picture on the wall will add to the ambiance without breaking the bank.
     
  5. Flooring - If your carpets are stained or thread bare, it is worth your while to replace them. The same applies if your vinyl floors are in bad shape.  Hardwoods are always popular, but you may want to consider getting them refinished if they are looking old and scruffy.

It may seem counter intuitive to spend money on repairing or fixing up a house you are getting ready to sell, but at the end of the day, it will not only help you sell your house faster, but you will get a better price for it too!

If you are in the market to buy or sell a home, let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs!  Call them today at 334-834-1500!

Photo Credit: realsimple.com

Staging Your Home on a Budget

by The Hat Team


Chances are, if you are getting ready to sell your home, you are also preparing to purchase a new home. So, the last thing you want to do is spend more money on your current property.  However, you certainly want to get the best price possible when selling it, and per the National Association of Realtors, for every $100 invested in staging, the potential return is $400. As you can see, it will pay off in the end to stage your home to entice potential buyers.

Some people will hire a certified staging professional to get the job done.  While it might seem easier than doing it yourself, it is not the only way to get that SOLD sign planted in your front yard.  There are some simple, yet effective home-staging hacks that won’t break the bank:

  • Roll Out a Welcome Mat - Sounds simple, right?  It is!  First impressions mean everything when selling your home.  Also, prospective buyers tend to linger by the front door before the real estate agent opens the home for viewing, so an inviting entrance is crucial. A new welcome mat can cost as little as $15.  Purchase a modern mat that compliments the style of your home.  To further enhance the entryway, add a little green with some fresh plants.  An enticing entrance will make buyers want to see more!
     
  • Mount Mirrors in Strategic Spots - Every home has spaces like a dim hallway or small space that lacks natural light.  To spruce up these areas, hang a few mirrors.  They add extra light to rooms that look dark, and create an illusion of space. They will pack an extra punch if placed next to or directly across from a window because they will pull in more sun.  For a more decorative look, create a collage of several mini mirrors in different shapes and sizes rather than just slapping one large mirror on the wall. You can find inexpensive mirrors at craft stores and discount home stores. How to Use Mirrors to Create More Space
     
  • Set Tables and Serving Areas for Entertaining - A home filled with friends, food and laughter is a happy one!  Paint a picture of what entertaining in your home will be like for potential buyers.  Keep it simple, but aesthetically pleasing.  Lay out cloth napkins, wine glasses and solid plates in the dining room. Use matching mugs and bowls in the kitchen to produce the feel of family meals.
     
  • Replace Personal Photos with Art Work - Over the years, you have turned your house into a home by decorating with family portraits and personal mementos.  But potential buyers are going to want to be able to envision themselves living there and that is hard to do with your family members present in the form of pictures in every room.  So, get a head start on packing up your house by putting your pictures away and replacing them with art work that compliments the style of the home.  You can find inexpensive art at discount stores or you can print beautiful landscape photos to put in frames.
     
  • Make the Bathroom Look Elegant with White Linens - Spruce up your bathroom with crisp, fresh, all-white linens.  White towels, bath mats, and shower curtains give the room an instant update.  They inspire the feeling of a luxury spa without spending a lot of money.  Take it a step further by including some "spa like" displays. Simple additions like an orchid, candles and special soaps will go a long way. Spa-Like Bathrooms
     
  • Arrange Decorative Scenes - Decorative displays can give a cozy, lived-in ambience to a house.  Assembling classy vignettes of colorful vases, lanterns, books, plants, baskets, and other items atop dressers, counters and bookshelves will make a house feel more like a home. Group items in odd numbers and in varying heights and shapes while keeping them in the same color family. You will be amazed at what you can find to use in your house, but if you need to buy some things, you can mix in inexpensive pieces from craft and discount stores.  Done properly, these displays will have people feeling like they are looking at rooms right out of home décor magazines…and that is a sure way to impress prospective buyers. Staging Your Home with Inexpensive Decor

If you are in the market to buy or sell a home, let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs!  Call them today at 334-834-1500!

Photo Credit: realtor.com

A Guide to Selling with Children in the House

by The Hat Team


Selling a home can be challenging.  There are so many things to consider. Between scheduling last minute showings and keeping your house in "staged-perfect condition" at all times, the stress can be overwhelming.  Now toss in a kid…or two…or three. Summer is almost here and that means kids won’t be in school, which makes keeping your home in pristine, “show-ready” shape is all the more difficult.  So, how do you cope with it all?  First, take a deep, cleansing breath.  Now…follow the advice of people who have been there, done that.  You CAN do this!

  • Make packing and moving an adventure! Once your house is on the market you know you are going to be preparing for a move eventually, so start right away.  Give your children little projects to complete to keep them busy and to make them feel like they are part of the process.  You would be amazed at how much help they can be if given the chance.
  • Have a “go-and-show” plan.  You want to take every opportunity possible to show your house, so prepare and be ready to head out the door if you get that last-minute call from your Realtor.  Have a list of “things to do” in mind so that you aren’t just killing time while you wait.
  • Remember that less is more.  One of the jobs you can give to your children is to choose the toys and other items that are most special to them to keep in their rooms while preparing to move.  The rest should be packed and stored out of the way.  Remember that visitors will likely look in closets and open drawers, so make sure you have smart storage solutions. 25 Super Smart Storage Ideas That Will Organize Your Entire House
  • Don’t forget to flush!  We all know that children, especially younger ones, can be a little absent minded when it comes to their toileting habits.  Assign someone to be in charge of checking all the bathrooms prior to leaving the house just to be sure everything has been flushed away!
  • Do a sniff test.  Let’s face it…kids can stink sometimes.  Summertime is a prime time for sweaty, smelly children who might not be as concerned with personal hygiene as they should be.  The odors emanating from them are NOT the first impression you want to make on potential buyers.  So be hyper aware of how your home, and especially their rooms, smells.
  • Stay neutral. If you have decorated your little ones’ rooms with bright colors and specific themes, you may want to change it up to appeal to buyers.  Remember that they want to be able to picture the house as their own, and that is easier to do with rooms that have neutral colors and simple décor. The Best Paint Colors for Painting a House in 2019
  • Relax.  I know…easier said than done.  But your house does not have to be perfect every second.  Try to keep up with clutter and cleanliness a little each day so that you don’t become overwhelmed when you find out someone is coming to see your house.  And remember to let your children help!

If you are in the market to sell or buy a home, let Sandra Nickel and her Hat Team of Professionals assist you with all your real estate needs!  Call them today at 334-834-1500!

Photo Credit: nearsay.com

Your Guide to a Successful Home Showing

by The Hat Team


When your home is for sale and potential buyers are coming to see it, it’s vital that they not only feel comfortable in the home, but that they can envision it as their own. Here are some tips for showing your house that will help engage buyers emotionally and leave them feeling like they have found their future home.

  1. Make them feel WELCOME!

      The buyer may be a guest in your home, but don’t make them feel like an intruder.The idea is for them to be able to imagine it as their own.Leave the house while they are looking so that they can speak freely and comfortably about what they are seeing.Let them take their time. If they feel rushed they won’t have a positive experience.Leave a bowl of candy or small treats near the front door with a short note thanking them for coming to see your home.

  1. Check the temperature.

      If it is hot outside, turn on the AC. Set the temperature a couple of degrees cooler than usual so that it runs consistently and isn’t kicking on and off while people are looking.Sometimes HVAC systems can be loud.The same applies with heat when it is cold outside (set temp a couple of degrees warmer than usual).You want them to be comfortable in your house so that they will linger as long as possible.

  1. Create a mood.

     You want potential buyers to get good vibes from your house the minute they walk through the door.When weather appropriate, light a fire in the fireplace.Set your dining table in a way that is appealing.Have soft music playing.Create and ambiance that is irresistible!

  1. Be careful with scents.

      Some people are very sensitive to certain smells, so don’t spray the air or use plug in deodorizers.Avoid burning strongly scented candles for the same reason.If weather permits, open the windows (unless it is too noisy outdoors).Most people enjoy the smell of freshly baked cookies, but if you are going to bake, make sure you leave some treats out for the visitors so they aren’t disappointed! How to Make Your Home Smell Great During an Open House

  1. Make it visually pleasing.

      Open window coverings to let in natural light.Display appealing seasonal photos in prominent      places. If your yard isn’t looking so fabulous, keep window blinds partially closed so that buyers aren’t distracted by what’s outside while looking at the interior of the home.

  1. Light it up!

Turn on every light in the house…even the closet lights. Brighten dark rooms with extra lighting.  A spot light on the floor behind a piece of furniture is a great idea for brightening up a room with few windows.  Lighting Tips to Help Sell Your Home

  1. Encourage touching.

Drape lush fabrics such as velvet or silk throws over chair arms.  Leave doors slightly ajar so that visitors feel welcome but must open the door to enter the room.  If a room is carpeted, vacuum it in one direction.

  1. Finish off with food.

Encourage buyers to stick around and notice even more details about your home by offering them food.  You don’t need to have a catered lunch; finger sandwiches, cookies, tea, water and desserts will all suffice. Be sure to have serving utensils, plates, cups and silverware available along with a waste basket in plain sight.

  1. Encourage feedback.

Have a guestbook or a short pre-printed questionnaire and some pens next to the food.  Feeding the buyers will allow them time to give you some feedback.  This will provide invaluable information to you. Allow buyer anonymity. 6 Feedback Questions Every Listing Agent Should Ask

If you are in the market to buy or sell a home, let Sandra Nickel and her Hat Team of professionals assist you with all your real estate needs!  Call them today at 334-834-1500!

Things to Hide When Selling Your Home

by The Hat Team

 

If you are currently trying to sell your home, you need to make sure you are doing all that you can do to make the sale a priority.  There are many things that people tend to leave out during a home showing that should definitely not ever be seen by a prospective buyer.  Below is a list of a few things you should totally hide when in the process of selling your home

  1. Taxidermy is awesome to avid hunters and their wives but when someone is coming to view your home, you don’t want to leave it out.  Dead animals hanging on the walls of your home are not what folks typically have in mind when coming to look at a potential home.  You don’t have to get rid of your taxidermy obviously but perhaps take it off of your walls and gently place them in the closet until after the showing.
  2. Another thing that you should likely hide when folks come over to your home to take a tour of it in the hopes of buying it from you is your shotguns and other weapons that you may use.  This type of thing being displayed throughout the house is likely to scare any potential buyers away in a hurry.  Do your part by placing these items out of sight during a showing. 
  3. If you collect dolls or anything that can be seen as creepy in any way, put them away until after the showing.  Better yet, put them away until after your house sells.  Collections may not only be creepy to others but they tend to collect dust as well and don’t look nice during a showing. 
  4. If you have political signs in your yard, especially right now and you want to sell your house, by all means take them down!  This election was a big one and folks have very big opinions about who should be elected.  Seeing a sign in your yard for the opposite candidate that your potential buyer wants may actually lose you an offer even before the folks make in inside of your house to look around. 
  5. If you have a ton of family photos around your house, you may want to hide them during a showing as well if selling your house is your top priority.   Folks want to picture themselves in your house and having your family pictures all over the place can make that task more difficult.  

 

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.   

What to Renovate When Selling Your Home

by The Hat Team

Renovate your home to sell.

It can be hard to set a budget and stick to it when it comes to renovating your home. If you are planning on selling your home soon, you should go ahead and do a few renovations that may need to be done but do the ones that don’t cost a lot of money. Of course if your home has some issues and you feel you can get a lot more money out of your home if you make those renovations now, you may want to go ahead and do so. Below are a few tips on what exactly you should consider when renovating your home to prepare it for sale.

  • One of the best ways to prepare your home to sell is by renovating your walls and floors.  You can add paint to the walls of your home for a quick “pick me up” that will help your home appear newer than it is.  Refinishing hardwood floors or pulling up carpet to reveal hardwoods is also a great way to spruce things up around your home.  Be sure if you are painting to do so with neutral colors that will be pleasing to everyone’s pallet.  Likewise if you are putting down carpet, be sure to choose a neutral color.  If you are refinishing hardwoods, be sure to stay away from any dark stains that may turn some buyers away.  Stick with the natural light wood floors that seem to be so popular these days. ​
     
  • Doors are another place you may want to consider during your home renovations.  Replacing your front door with a steel door adds a great deal of value to your home.  Adding some new garage doors may help to add value as well.   Keep in mind you don’t have to spend a ton on these types of things, just replacing old with new will likely be enough.
     
  • If you don’t have the money to redo your entire kitchen, try upgrading by replacing old worn out drawer pulls or cabinet knobs.  You may also want to put a little paint on your old cabinets to lighten and brighten things up a bit.  Keep in mind if money is not an issue that kitchen renovations  can sometimes make or break the sale of your home.  If you need to” bling it out” and you have the funds to do it, go for it. 

Any and all renovations you do to your home in an effort to get more money out if it during a potential sale is a good thing.  Don’t go crazy spending a lot of money for cosmetic fixes but ‘DO’ do your best to make your home look like a shiny new penny!

Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.

5 Tips for Selling Your Home This Spring

by The Hat Team

Selling your home can be as easy as one, two, three!  Here we are going to give you a few tips and ideas to make selling your home a bit easier this spring.  If you are willing to take these tips and tricks to heart and do your part to do them to the best of your ability, you will likely reap the rewards of doing so.  Get ready to sell your home this year and move on to your dream home!

  1. sold signMake sure that you have done your part to make the outside of your home look nice.   A fresh coat of paint can make a huge difference in the curb appeal of your home.   You can do this yourself or you can hire a professional painter to speed the painting process along. Choose a color that will make your home stand out but also be sure that you choose a color that is neutral and that most people are going to like. 
     
  2. Take the plunge and purchase new carpet for your house. If selling your home is important to you, you are going to do what it takes to get it sold for the price you want sold for.  If you are blessed enough to live in an older home that has beautiful hardwoods under the old carpet, you might be able to just pull the old carpet up and expose the nice hardwoods.  It may take a bit of work to get the hardwoods up to par, but this kind of flooring can be a huge plus towards selling your home if you happen to already have it under your carpet.
     
  3. Wallpaper is outdated so keep that in mind when you are getting ready to sell your home.  Go ahead and take down all the wallpaper so that you can paint with a nice neutral color that will be pleasing to anyone’s eye. 
     
  4. If you have pets in your home, do your best to remove all of their belongings before a showing.  People do not want to see the home as yours, they want to see and envision themselves living in the house and having your pet’s belongings all over the house will not help them to achieve that goal.   If your buyer can see themselves living in your house they are more likely to purchase it.
     
  5. Replace all of your lights with high wattage bulbs.  The brighter the better when you are trying to sell your home!  You want your home to pop and grab folk’s attention and this little trick will do just that for you! 

As I said, if you are willing to put forth a bit of extra effort with the above tips and ideas when it comes to selling your house, you will soon find that your house may sell before all the others in your neighborhood! 

Information courtesy of Montgomery Realtor Sandra Nickel.

6 Tips For a Quick Home Sale

by The Hat Team

If you're looking to sell your Montgomery AL home in today’s real estate market, you have most likely already read numerous articles advising you to set a realistic price, pay attention to curb appeal, thoroughly clean and de-clutter, remove large pieces of furniture, repaint in neutral colors, remove personal mementos, and the like.  All of this information is valid and useful, but there are other, less-publicized ways to appeal to potential buyers.  Read on for some creative tips on how to generate interest and get the best price possible.

  1. house soldArrange for a pre-listing home inspection.  In addition to facilitating the sale of your home by reassuring potential buyers, an inspection helps you comply with full-disclosure real estate laws.  You can also have a termite inspection done.
     
  2. Use online venues and your personal networks to market your house.  Put an ad on Craigslist, use sites like Zillow.com or Trulia.com, get your own URL with the house’s address, promote the house through social media like Facebook and Twitter, and send out a copy of your listing to people on your email list.  Sometimes word of mouth is one of the best ways to market a house.
     
  3. Replace all brass fixtures.  Today’s buyers dislike this “cheap” look that may have been fashionable a couple of decades ago, but it has to go if it’s in your home today.  Switch out each light fixture, switch plate, door hinge, knob, and faucet with for ones with a modern oil-rubbed bronze or nickel finish.
     
  4. Add power outlets with USB ports in rooms that lack them, especially in the kitchen, bathrooms, and bedrooms where they’re most needed.  Also, find a place for a wireless router for use with the Internet and flat-screen TVs.
     
  5. Offer more unusual incentives.  Paying a buyer’s closing costs, taking care of HOA fees for the first year,  giving a “redecorating” credit, or providing a home warranty for a set time period have become almost expected perks, but you can consider landscaping services, personalized gift certificates (home supply store or a plant nursery, e.g.) or a flexible closing date.
     
  6. For equally effective, but more expensive buyer magnets, look into outfitting closets for extra storage (top contenders are an entry closet, a kitchen pantry, and a linen closet) or removing much-maligned “popcorn” ceilings.  Click here for DIY instructions or get estimates from a professional.

Selling this spring? Click here for Questions To Ask Before Listing!

Sandra Nickel and the Hat Team have distinguished themselves as leaders in the Montgomery AL real estate market. Sandra assists buyers looking for Montgomery real estate for sale and aggressively markets Montgomery AL homes for sale. Sandra is also an expert in helping families avoid foreclosure through short sales and is committed to helping families in financial hardship find options. For more information you can visit AvoidForeclosureMontgomery.com.

Interested in buying a bank-owned home? Get bank-owned listings alerts FREE!

You can reach Sandra by filling out the online contact form below or give her a call anytime.

 

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