Is Your Home Ready To Show? Here’s Some Quick Tips To Get It There!

While it might be your goal to keep your home show-ready at all times, that isn’t always possible. It is completely normal to have a home that feels lived in – especially if you are living in it! This isn’t a major issue, but something to be aware of if you are getting ready to list your home.

If your house is already for sale, you may have already experienced the stress of last minute showings. Of course you want your home to appeal to a potential buyer, but you also want to be able to maintain some normalcy while you are still living at home. Here are some tips to help you show your home in a way that potential buyers will love and you can actually manage!

Create Routine

Create an easy maintenance cleaning schedule for each member of your household. Rather than having to worry about cleaning the entire house all at once, this allows you to maintain order and cleanliness – making show-ready living easy to achieve!

Decide On The Necessities

Once you decide to put your home up for sale, you should do a walk-through of your entire house. Decide what items you’ll need and use while your home is on the market, and start to make a packing plan for the rest. If you have the room, store items in-house, or consider renting a storage unit. Either way, you will have much less to worry about packing when it is time to move!

Quick Fix Containers

Thankfully, decorative baskets and bins of all sorts are all the rage right now. If you don’t already use containers to organize and store toys, clothes, shoes, or other items – now is the best time to start! You will then be able to toss those items quickly into their storage space before a showing.

Advantage Real Estate can help you with selling your home with tips on having your home “show ready”. We’re here to assist you with all of your real estate needs in Randolph and surrounding counties. Contact us and speak to one of our knowledgeable & friendly agents today. 660-263-3393

Still Saving Your Tax Refund Or Stimulus Checks? Here’s How To Use Them!

If you’ve started researching the home buying process, or you’ve already purchased a home in the past, you probably know one of the first things you need to consider is the size of the downpayment you are going to need to cover on the home you discover. While that down payment can vary depending on what type of financing you qualify for, it is never a bad idea to start saving as much possible, as soon as possible.

If you qualified for any of the stimulus payments and have been keeping that money, or tax refund money, tucked away into savings – this would be the perfect opportunity to use that cash. With the average refund for this year around $3000, there is a good chance your tax refund, potentially paired with a stimulus, can put a major dent in your down payment.

With a competitive market that doesn’t seem to be cooling off anytime soon, now is the time to buy. Ensuring you have the proper funds to cover that downpayment once you find ‘the one’ can save you heartache in the future. Give me a call today and we can get you set up with a lender so you can get pre-approved and find out just how much you need to have saved!

Call our Advantage Real Estate office in Moberly MO to speak to one of our knowledgeable & friendly agents for information on lenders and home loan options. We’re here to serve you! 660-263-3393

Shopping For Homeowners Insurance? Here Are 6 Questions To Ask An Agent

If you are on the market for homeowners insurance, you are probably wondering what questions you need to be asking – especially if this is your first time buying a home. You may not know what constitutes the right type or amount of coverage you need for your home – and that’s okay. Experts in the field are there to help you, and these are some of the basic questions you should ask them.

1.     How much would it cost to rebuild my home in its current location in the event of a total loss?

Your homeowners insurance policy should cover the cost of building a new home completely from scratch. Your agent will have knowledge to accurately calculate this cost. Generally, homeowners policies cover partial or total damages caused by fire, hurricane, hail, lightning or any other disaster listed in your policy. Keep in mind that flood and earthquake-related losses must be insured separately, since both are excluded in standard homeowners insurance policies. 

2.     How much is the personal property in my home worth in the event of a total loss?

Your homeowners insurance policy should also cover the cost of replacing all personal property should it be stolen or destroyed by fire, hurricane or another disaster covered by your insurance. Typically, personal property coverage is equal to about 50-70% of the amount of insurance you have on the structure of your dwelling. So if you have $100,000 worth of dwelling protection, most insurers would recommend $50,000 to $70,000 worth of personal property coverage. The best way to determine if this recommendation is appropriate for your specific situation is to conduct a home inventory. To make creating your inventory as easy as possibleThe software includes secure online storage so you can access your inventory anywhere, anytime. If you have an iPhone, you can also download the new Know 

3.     How much liability protection do I need?

Liability covers you against lawsuits for bodily injury or property damage that you, or your family members, cause to other people. It also pays for damage caused by your pets. The liability portion of your policy pays for both the cost of defending you in court and any court awards—up to the limit of your policy. You are also covered not just in your home, but anywhere in the world. Liability limits generally start at about $100,000. Most insurance agents and company representatives recommend that you purchase at least $300,000 worth of liability protection. If you have significant assets and need more liability protection than is offered under the standard homeowners policy limits, ask your agent about umbrella liability.

4.     What level of additional living expense coverage do I need?

The Additional Living Expenses (ALE) provision is found in standard homeowners insurance policies. It pays for the costs of living away from home if you cannot reside there due to damage from an insured disaster. ALE covers hotel bills, meals and other expenses over and above your customary living expenses. ALE coverage differs from company to company. Many policies provide coverage equal to about 20 percent of your dwelling protection. For example, if the structure of your home is insured for $100,000, you would have $20,000 of ALE coverage. Some companies impose a time limitation, such as 12 to 24 months.

5.     Should I buy a separate flood and/or earthquake insurance policy?

There were numerous flooding events and earthquakes in the U.S. in 2011 but relatively few Americans had coverage for either type of natural disaster because these perils are excluded from standard homeowners insurance policies. Check with your insurance agent or insurance company representative to see whether you might need specialized coverage beyond your standard homeowners insurance policy. Flood coverage for homeowners is available from the federal government’s National Flood Insurance Program (NFIP) and from a few private insurers. Earthquake coverage is usually available in the form of a supplemental policy from your insurance company, or, in California, from the California Earthquake Authority. Fire and water damage due to burst gas and water pipes following an earthquake is covered under standard homeowners policies in most states.

 6.     Do I qualify for any discounts?

If you have smoke detectors, burglar alarms and/or dead-bolt locks in your home, you can often get a premium rate discount. Sophisticated sprinkler systems and alarms that ring at monitoring stations often reduce your homeowners insurance premium, too. Ask your agent or company representative about discounts available to you. If you are at least 55 years old and retired, for instance, you may qualify for a discount of up to 10 percent at some companies. If you have completely modernized your plumbing or electrical system recently, a few companies may provide a price break.

Shopping for homeowner’s insurance can be overwhelming. We can help guide you to insurance agents that can answer your questions, and provide you with the right coverage for your real estate needs. Call Advantage Real Estate in Moberly MO with questions you may have. 660-263-3393