|  Financial, Purchasing a Home, Real Estate News, Resources to Hire Professionals

Transaction Documents for the Buyer

When you walk away from the closing table with a big stack of papers, know what to file away for future reference.

Loan estimate
Your lender is required to provide you with this three-page document within three business days of receiving your loan application. It will show estimates for your interest rate, monthly payment, closing costs, taxes, and insurance. You’ll also learn how your interest rate and payments could change in the future, and whether you’ll incur penalties for paying off the loan early (called “prepayment penalty”) or i...

Read More
 |  Company News, Financial, Home Maintenance, Purchasing a Home, Selling a Home

Trees Can Increase Your Property Value

You probably don’t think much about the trees on a home’s property unless they pose an immediate threat to the structure. But you may not be aware of how much value trees hold and how they can affect the price of your listing. John Palmer, an arborist who is certified by the International Society of Arboriculture, reveals the true benefits and liabilities of trees, what buyers should look for in home landscaping, and what sellers can do to protect the value of their trees.

Can trees actually affect the prope...

Read More
 |  Company News, Home Maintenance, Purchasing a Home, Real Estate News, Resources to Hire Professionals

Your Final Walk Through

Closing time is hectic, but you should always make time for a final walk-through to make sure
that your home is in the same condition you expected it would be. Here’s a detailed list of
what to check for on your final walk-through.

  • Basement, attic, and every room, closet, and crawl space have been checked.
  • Requested repairs have been made.
  • Copies of paid bills and warranties are in hand.
  • No major, unexpected changes have been made to the property since last viewed.
  • All items included in the sale price—draperies, lighting fixtu...
Read More
 |  Home Organization, Resources to Hire Professionals, Selling a Home

How to Prepare for the Photo Shoot

With the majority of buyers shopping for homes online, high-resolution slide shows and video tours are a must.  Here’s how to make your home shine on camera.

Understand the camera’s perspective
The camera’s eye is different from the human eye.  It magnifies clutter and poor furniture arrangement so that even a home that feels comfortable in person can look jumbled online.

Make it spotless
Cameras also tend to magnify grime.  Don’t forget floor coverings and walls; a spot on a rug might be overlooked during a regular home...

Read More
 |  Company News, Home Maintenance, Horticulture/Environment, Purchasing a Home, Real Estate News, Resources to Hire Professionals

Green Home Terms

Whether you’re building the home of your dreams or looking for an existing unit, there’s a lot of data involved in finding the right environmentally friendly dwelling. Here’s a breakdown of the different certification systems for energy-efficient homes.

RESNET
The Residential Energy Services Network is a not-for-profit corporation that develops industry-wide standards and rules for energy efficiency ratings and certification systems for buildings. In addition to overseeing the HERS index (see below), RESNET certifies contractors of all ty...

Read More
 |  Selling a Home

Transaction Terms for Sellers

Here are some terms to understand for documents as you sell your property.

Property Disclosure Form: This form requires you to reveal all known defects to your property. Your real estate agent will let you know if there is a special form required in your state.

Purchasers’ Access to Premises Agreement: This agreement sets conditions for permitting the buyer to enter your home for activities such as measuring for draperies before you move.

Sales Contract: This is the agreement between the buyer and seller, which outlin...

Read More
 |  Financial, Selling a Home

How to Improve the Odds of an Offer

Price it right.   Set a price at the lower end of your property’s realistic price range while considering –
• Comparable properties: A “comp” is what real estate professionals call home sales that can be reasonably used to help determine the price of your home. But just because you’re in the same neighborhood doesn’t mean that the houses will sell for the same amount. Your real estate professional will help you determine how to compare your home in terms of size, upkeep, and amenities.
• Competition: How many other houses are for sale in you...

Read More
 |  Community Events, Company News

Stutsman Realty is a Proud Sponsor of the 2017 Uptown Art Fair!

Stutsman Realty is a proud sponsor of the 2017 Uptown Art Fair!  Once again Stutsman Realty is partnering with the Uptown Association to bring you the Information Booth.  Please be sure to visit us this Friday, Saturday and Sunday at the Information Booth. We will be at the top of the Mall on Hennepin just north of the Walker Library. We are giving away tote bags again this year (people love them!), and we will be holding a daily drawing for a giveaway.  The Uptown Art Fair has won  numerous national and international awards.  It draws over 400,000 visitors every year making it the sec...

Read More
 |  Company News, Home Maintenance, Home Organization, Interior Design, Real Estate News, Resources to Hire Professionals, Selling a Home

How to Attract More Buyers

These tips will help you convince buyers your property offers top value for their dollar.

Amp up curb appeal.
Look at your home objectively from the street. Check the condition of the landscaping, paint, roof, shutters, front door, knocker, windows, and house number. Observe how your window treatments look from the outside. Something special—such as big flowerpots or an antique bench—can help your property stand out after a long day of house hunting.

Enrich with color.
Paint is cheap, but it can make a big impression. The shade doesn’t have to be white or bei...

Read More