Entries from August 2009
Lockport Foreclosure Properties
Are you looking for a Foreclosure property in Lockport? Here is what is currently available in the Lockport area according to the MLS as Forecloures:161 East Lockport, 14094 NY$ 84,200 3 Unit(s) Built in 1870 4196 …
WNY Foreclosure Properties August 2009 List
Every WNY foreclosure is a tragedy and an opportunity. A Western New York property enters foreclosure when the original mortgage holder can no longer pay or settle a debt to the lending institution. The property …
Niagara County REO/Foreclosures Market Report – August 2009
There is much interest in purchasing homes that are Bank Owned, are short sales or are foreclosures. Many times consumers think that they get the best deals purchasing homes in this status. There are no …
Categories: Buffalo NY · Real Estate Finance
Is this a good investment property?
Is this a good investment property? I hear that many times. Think about it. How many times have you seen a run down vacant property in Western New York and thought that would be a …
How Buffalonians can invest like Warren Buffet!
Residents of Buffalo are in a position to profit from the current state of the Western New York Real Estate market if they know what they are doing. That means that the savvy Buffalo Investor …
Commercial Real Estate Investment – What not to do!
When you have a losing deal don’t blame anyone but yourself. Ways to make money in Western New York commercial real estate: cash flow, appreciation, equity growth, and tax benefits. If you are not making money, …
Categories: Buffalo Real Estate · WNY Real Estate News
Tagged: commercial real estate
In a 2004 survey of Realtors®, almost two-thirds estimated that a staged home kept in show-to-sell condition sells for a price that is between 10% and 20% higher. You can hire a professional to stage your home, or you can do many things to improve the presentation of your home by yourself.
Why stage your home for sale
When you decide to sell you Buffalo home you need to stop thinking of it as your home. All the details that made it special for you, may not appeal to the Western New York buyers that can afford your home. You have a beautiful home that you decorated for your need and reflect your personal tastes. And in that lies the problem. It is deeply personal and it is your home.
Buyers may have difficulty making that transition to seeing it as their home. The more a buyer is able to focus on the possibilities of the home for them and less on your decorating the more likely you will get positive reaction to your home.
Things you can do yourself
- Clear the clutter — Less is more!
- Get rid of personal photographs
- Make sure the beds are made and rooms are tidy
- Run the vaccume cleaner
- Is your fridge an art gallery? Remove it.
- Think it should be moved? Move it out of the house.
Read Also: Don’t let last minute showings get you caught unprepared
Should you use a Professional Stager?
It is all in the presentation to the potential buyers. If you present a vacant house, buyers are often unable to visualize the empty space as a home. Even if the empty house sells, it is often for a price far below the list price. Many times buyers think they want to take advantage of desperate sellers.
Home Staging is Decorating for Others
That is where home staging of your Western New York home comes in. Home Staging is a set of specific and very efficient techniques that enable Western New York buyers to envision your home as their home.
So instead of personalizing, we actually depersonalize the home for sale!
And, another important point: its very difficult to be objective about your own home. As long as you look at it as a “home” and not as a real estate investment, you wont be able to present it at its best FOR SALE.
A professional WNY Home Stager will evaluate your home and will provide you with recommendations to make the property irresistible to Buffalo buyers. The assessment may show more or less changes to be made to the property but, is there really a perfect home?
Many times a staged home assists WNY Buyers to make that personal connection and help them purchase a home rather than a house.
Ready to sell your home? Call me today at (716) 743-5297!
Categories: About
There is much interest in purchasing homes that are Bank Owned, are short sales or are foreclosures. Many times consumers think that they get the best deals purchasing homes in this status. There are no guarantees and yes some people get some great deals, while others have many unexpected expenses.
Read Also: WNY Foreclosure Properties List
Erie County Foreclosure Market Report
August 2, 2009
- There are currently on the MLS 24 active listings that are considered Foreclosure/REO in Erie county with an average list price of $81,729 ranging from $8,000 to $349,500
- There are 6 pending sales and in the past 30 days there has been 12 closed sales with an average closed price of $$52,564 spending an average of 45 days ont he market
- Highest closed – $197,200 – 284 days on the market
- Lowest closed – $3,000 – zero days on the market
Select Erie County Foreclosure homes for sale
- 16 Banko Depew, 14043 NY
- $ 99,000
- Built in 1965 1890 sq. feet
- 4 Bedrooms, 2 Full Bath(s) , 0 Half Bath(s)
- MLS Number: 340025 (IDX)
Thinking of investing in a foreclosure home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Colleen Kulikowski at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home, just fill out the form below. View additional WNY Market Area Statistics here.
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2009 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.
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