Penny Palmer's Blog

Posted on 01/15/2021
Tips for Winning A Bidding War
Image by Amy Hirschi from Unsplash Situations arise where prospective buyers find themselves in a bidding war with another buyer over the house they desire. Circumstances like this occur in a seller’s market where the demand for property is higher than the market can provide. It’s not uncommon to see multiple buyers vying over the same property in...
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Posted on 01/08/2021
Tips for Buyers: Plan for a House Showing
A home showing is a key part of the property buying journey. As such, it helps to plan ahead for a house showing as much as possible. Because if you enter a home showing with a plan in place, you can use this event to help you determine whether a residence is right for you. Now, let's take a...
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Posted on 01/01/2021
Does Your Listing Stand Out to Homebuyers?
A home listing presents a valuable opportunity. If you allocate time and resources to craft an engaging and informative listing, you could differentiate your house from the competition. Perhaps most important, your listing could help you speed up the home selling process. There are many things you can do to help your house listing stand out to buyers, such...
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Posted on 12/25/2020
Types of Windbreaks for Your Terrace
Image by AlexandreZveiger from Shutterstock If you like the outdoors, spending time on the terrace or balcony at your home is a great way to enjoy the fresh air and spend time with family and friends. But sometimes windy weather or lack of privacy can create a challenge. Consider installing a windbreak to make your outdoor space more...
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Posted on 12/18/2020
Heating Options for Outdoor Spaces
Image by Alessandro Lonati from Shutterstock The benefits of having an outdoor heater cannot be over-emphasized as it significantly impacts the amount of time you spend enjoying your outdoor space during colder weather. There are critical factors to consider when choosing the right outdoor heater. The Location of The Outdoor Heater To determine which type of outdoor heating...
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Posted on 12/11/2020
Setting the Fair Market Value
Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...
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Posted on 12/04/2020
Creating Your Dream Flipping Team
Photo by TruthSeeker08 via Pixabay Want to flip a property? You need a team of rock stars on your side. This isn't a one-man show; in general, real estate investors only prosper when they've made connections with real estate agents, lenders, contractors, and other investors at the top of their game, and it's even more crucial when you're...
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Posted on 11/27/2020
Key Questions to Consider Before You Attend a Home Showing
A home showing represents a valuable opportunity for a property buyer. However, there may be instances in which a buyer is unsure about whether to attend a house showing. Lucky for you, we're here to help you weigh the pros and cons of scheduling a home showing. Now, let's take a look at three questions to consider before you...
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Posted on 11/20/2020
Home Staging as a Marketing Tool
Image by ErikaWittlieb from Pixabay Home staging used to be a novelty you watched on the HGTV network. At the end of the program, the hosts would show up with a truckload of furnishings and a bunch of landscaping plants, and presto — a home would be transformed before your eyes. Today, home staging is a thriving bicoastal...
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Posted on 11/13/2020
Reasons to Negotiate with a House Seller
If your initial offer to purchase a home is countered, there is no need to stress. In fact, there are lots of reasons why you should negotiate with a house seller, and these include: 1. You can speed up the homebuying journey. The homebuying journey may prove to be long and complicated. If you find a house you want...
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Posted on 11/06/2020
Tile vs. Concrete - Which is Better to Resurface Your Patio Table
Photo by OpenClipart-Vectors via Pixabay Give new life to outdoor tabletops using concrete or tile - and liven up one of the most important parts of your home, your porch or patio. It is surprisingly easy to make over an existing table; in some cases, the base of a table remains in excellent shape, while the horizontal surface...
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Posted on 10/30/2020
Understanding Debt to Income Ratios and Why They Matter
Image by Mimzy from Pixabay As you start your journey to home ownership, one of the terms you may hear from your mortgage lender is debt to income ratio. Many people have never heard this term before, but it is an important aspect of obtaining a mortgage. Your mortgage lender wants to make sure you are not going...
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