Mike Morgan's (lyndamorgan2) Blog

Deciding on an asking price for your home is challenging enough these days, but you need specific pricing strategies for particular scenarios. This is especially true if you're under pressure to move quickly or your home isn’t selling after being on the market for several months. Here are suggest...

Sure, it’s a legitimate question: Can you sell your home without the representation of a professional real estate agent? The legitimate answer is, Of course you can – but that begs the next question of whether it makes sense to do so. One assumes that sellers want to obtain the highest price poss...

It may be an uncommon problem, but it’s one that can have an awful impact on your real estate listing: The Messy Neighbor. Your home could lose up to 20% of its market value if the property next door has been “neglected” – especially with buyers looking for any excuse to reduce their offer. Even ...

It not only takes planning and preparation to sell your home or to buy a home, but it’s also a good idea to put a lot of thought into Moving Day. Here are 5 ways to make the move less stressful and more productive. Get three in-home estimates from professional moving companies. A professional mov...

Lenders are an increasingly difficult crowd to please, so if you’re looking for the best deal on a home mortgage loan, you need to find a way to improve your credit score. Lenders use that number to determine your risk of default, and it may be the single most important factor in your loan applic...

Here’s the painful truth: home sellers who do not price their property competitively are the most likely targets of lowball offers. In soft markets, buyers are more prone to make low offers on real estate listings seen to be overpriced. Listings that don’t sell usually require price reductions. T...

When you buy a home, or just make an offer, you will encounter the term “escrow account”. Like making a friendly bet and asking a third party to hold the wager money, the “escrow agent” is the neutral party that holds funds in the interest of the mortgage lender and the borrower. When the terms o...

In an earlier blog article, we talked about the importance of sprucing up your home’s exterior when selling a house. If you’ve followed the advice given here, well done! Now let’s focus on the next item that potential home buyers will see - the front door and the interior. This is the time to do ...

There are two seemingly attractive options for home buyers scoping out a real estate deal. One type is the “short sale,” where sellers have made an agreement with their lender to sell the home for less than they still owe on the mortgage. The second type is the REO (bank-owned) home, which has fa...

Have you done your “spring cleaning” yet? If you’re selling your home, it’s essential to take care of the details, both inside and out. Since buyers first see your property from the street, there are steps you can take to pique their interest in seeing more.Obviously, color makes an impact. Empha...