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Furnishing Your House on a Budge

Here are some steps and tips to furnishing your house on a budget:

 

  1. Look for auctions! You can find these in newspapers or free shopper papers. You can find anything from small knick knacks to major appliances. This is a great way to find just about anything for a reasonable, cheap price.
  2. Also try looking at classified ad listings. You can find many low cost items here. Most of the time you can find “bigger” items such as furniture and appliances in the classified sections of the newspapers.
  3. Yard sales and garage sales are also great places to find deals on furniture and other household items. Check your local newspapers for information on garage sales. Sometimes, you can find entire neighborhoods that are having garage sales.
  4. Antique stores are also great places to find items. Some people are afraid to try antique stores because they think they are too expensive. But really, you can find some great deals. Also, don’t be afraid to bargain with the salesperson. This is how business is done!
  5. Keep an eye out for vintage buildings. During renovation, fixtures and other items may often be sold for a cheap price.
  6. Try a fresh coat of paint. This is often a great way to spruce up a room. Also, you can find in-store specials on paint.

Tips for Negotiating the Purchase of Your Dream Home

  1. To start off, offer close to the asking price. This is a good idea because you will not offend the seller by bringing an offer too low. The seller may either accept the offer or counter for a slightly higher offer.
  2. Don’t fall in love. It’s important to not love the house so much that you end up paying way more than you can afford due to a bidding war. Prepare yourself to walk away when the counter offers are not coming down enough. There are other fish in the sea!
  3. In a slow market, it is a good idea to offer as much as you can afford. Sellers are usually unmotivated in a slow market so give them your best offer so that they don’t get offended and refuse to work with you.
  4. Try some bargaining tactics. If the seller seems highly motivated, use some terms such as repairs to bargain with them. If this happens, the seller may accept a lower offer if you say that you will make some of the repairs.
  5. If you do fall in love with a home that you feel is overpriced, offer a low amount but be prepared to go higher. You may find yourself with a desperate seller that will just counter a little higher than your offer, and you could get the house for less than you imagined you could.
  6. Research the neighborhood. Check out what other, similar houses have sold for. Also consider how long the house has been on the market. If the house has been on the market for a while, you may want to bid low because the seller may just accept it.
  7. Keep in mind that a lot of sellers are advised not to accept the first offer, so don’t be too firm! Be prepared to accept more than your original offer.
  8. Don’t get caught up in the emotion! Be prepared to walk away from the deal if you have to. This is a good way to make sure that you don’t pay too much for your home.
  9. Always do your negotiating in writing and NEVER accept verbal offers.

The negotiation process can get very tricky sometimes. Make sure that you are prepared. If this seems overwhelming, don’t worry. A real estate agent is the best person to help you negotiate. They’ve done it many times on either side of the table and they sometimes can guess what the seller is thinking. They will be able to give you advice on what to do during the entire process. But don’t feel like you have to listen to everything your real estate agent says. In the end it is 100% your decision!

 

If you need any help finding a home, please don’t hesitate to contact me! I would be happy to help you negotiate!

What is flipping a house?

The key to making money in real estate is learning how to flip a house. Any experienced or inexperienced person can flip a house. You don’t even need help from anyone else! Here are the key steps towards flipping a house.

 

Begin by buying a HUD repo which allows you to buy a house with no money down. Now, you can begin working on flipping this house. Make all of the updates and upgrades. Then put the house on the market, preferably with a Realtor. Once this house is sold, you can go straight into buying another fixer-upper. This time you can buy the house with all cash. Work on flipping this house, put it on the market, and once it sells you will have even more money collected and can buy another house to flip.

 

One of the key things that makes this formula work is buying the right house. The key is to buy a house that needs only cosmetic repairs, not structural changes. Cosmetic repairs include painting, updating lighting fixtures and plumbing fixtures, and installing new carpeting and flooring.

 

If you use this formula to your advantage, you can make as much profit as $100,000 a month! The key is getting started. Don’t believe others when they say that in order to successfully flip houses, you need a lot of starting money. You can a buy a house with no money down and the sellers can often help you with closing costs.

 

If you have any questions about flipping a house or would like to start flipping houses, feel free to contact me. I can help you find the best houses to flip and can also help you sell them with maximum exposure once they are flipped. You can email me at luhring@bex.net or call me at 419-460-5587.

Victoria Luhring is an ASP (Accredited Staging Professional)

Victoria Luhring has been certified as an official ASP, or Accredited Staging Professional. She has taken the two day class that taught her many techniques important in staging a home for a quick sale. ASP real estate agents are true professionals who have been trained under strict guidelines that have been developed for over 30 years.

 

Here are some simple home projects that could greatly increase your chances for a quick sale of your house:

 

 

93% of ASP staged homes sell in one month or less, compared to the average market time of 160 days for non-ASP staged homes. This is why it is important to have a professional like Victoria on your side.

 

Click Here to go to the official ASP (Accredited Staging Professional) Website

Opportunity is Callin You!

Markets across the country have larger inventories to choose from, and a many great homes are available at very reasonable and affordable prices. This means there is a large variety of houses to choose from with very affordable prices! Factor in the recent interest rates drop over the last several months, and we have one of the best buyers markets in recent history. Since many experts believe that interest rates will rise over the next and upcoming years, now is a great time to lock in today's low interest rates and save on your next purchase. Home buyers who take advantage of these low rates can save tens of thousands of dollars over the life of their loan! The time to buy is now!

If you have any desires to look at some houses in the Northwest Ohio area, I can help. I can put you on a search of the entire Toledo MLS that will email you properties in your search criteria as often as you would like. This means you will get the listings as soon as they come on the market. Please contact me if you would like to be set up on an email search of the Toledo MLS. I would be glad to help!

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Victoria Luhring is Expert with Luxury Home Marketing!

Victoria has just completed the Institute of Luxury Home Marketing course in Washington D.C. There, she met many other real estate agents working in the luxury home market worldwide. Victoria now has the CLHMS (Certified Luxury Home Marketing Specialist) designation. This means she has documented performance in the top 10% of the market. After completing this course, Victoria has furthered her expertise in luxury home marketing.

 

For more information, Click Here to go to the official Institute of Luxury Home Marketing website.

Contact Information

Photo of Victoria Luhring's Executive Home Team Real Estate to Luxury Homes in Toledo
Victoria Luhring's Executive Home Team
The Danberry Co. Realtors
3555 Briarfield
Maumee OH 43537
Cell : 419-460-5587