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Sam Gerardi

The Synergy Team at My Home Group Blog

Thursday, February 25, 2021   /   by Sam Gerardi

4 Good Reasons to Consider Selling your Home

Imagine this scenario...
You’re shopping for a new home. You drive to visit a recent listing. As you walk through the front door, you’re impressed. Every room looks fantastic. You see yourself relaxing on the spacious patio, cooking in the modern kitchen, and enjoying evenings with the family in the cozy living room.
Your emotions are on overdrive. This is your dream home!
Should you make an offer? Probably. In fact, you should make that decision quickly in case there are other interested buyers.
However, your decision shouldn’t be guided purely by emotion. You want to make sure you take practical matters into consideration too.
For example, you’ll want to consider:
• Is the property within your price range?
• Does it have everything you need?
• Do you like the neighborhood?
• How old is the property? Are there items, such as the furnace, that may need to be replaced soon?
• Will it need any major repairs or upgrades?
• What are the average monthly costs of carrying the homee ...

Thursday, February 25, 2021   /   by Sam Gerardi

2020 Air Conditioning Freon Ban

Why do people decide to move?
Unless it’s a requirement, such as a job relocation, the research tells us that you, like many homeowners, may decide to sell at some point for one or more of the following reasons:

Your home is no longer a good fit. You may have outgrown your current home and need something bigger, maybe with an additional bedroom. Or, you've become empty-nesters and want to downsize into something smaller. You may also want cash in the home equity you’ve built up to store that away for a rainy day.
You’ve got your eye on a different neighborhood. Have you ever driven through an area and thought, “I’d love to live here”? You may think that it’s out-of-reach for you at this time. Is it? You never know until you work the numbers. You might, in fact, qualify for a home in that neighborhood today!
You want to be closer... Many homeowners would love to live closer to work, family, favorite hobbies, the country, etc. Moving to a home that’s near to one of those “somethi. ...

Thursday, February 25, 2021   /   by Sam Gerardi

COVID-19 & The Return to Real Estate

2-10 Home Warranty explains the freon ban now in place...
On January 1, 2020, the Environmental Protection Agency’s (EPA) ban on Freon® went into full effect. This ban forbids the production or import of Freon (also called R-22) throughout the United States. Since many air conditioning units manufactured before 2010 use Freon, your Buyers and Sellers might wonder what the ban means for them. Here are some common questions you can help your Buyers and Sellers answer about the Freon ban.
Does the Freon ban require homeowners to have new air conditioning installations?
No, the ban does not require homeowners to have new air conditioning installations. If a homeowner’s current air conditioner uses Freon, they can still use that air conditioner. In fact, they can still have an air conditioning contractor recharge it with Freon.
However, finding an air conditioning contractor who works with Freon will be much more challenging. While the ban does not force HVAC technicians to stop using Freong ...

Thursday, February 25, 2021   /   by Sam Gerardi

Selling? Skip Remodelling

Governor Whitmer Eliminates Remaining Real Estate Limitations and Reopens Much of the State.
Today, Governor Gretchen Whitmer signed Executive Order 2020-110, rescinding her “Safer at Home” Order, and moving the entire state to phase four of the MI Safe Start Plan. This action removes most of the restrictions that real estate brokerages and clients have been operating under. As we reported last week, Michigan Realtors® was working with the Governor’s Office to remove the previously imposed real estate restrictions. Effective immediately, the following real estate activity is now permitted:

Private showings are no longer limited to 4 individuals on the property;
Open Houses are now permitted. However, as an enclosed public space rather than a private showing, masks should be required for those individuals participating. Participants should also adhere to existing 6-feet social distancing requirements;
Tenant-occupied property may now be shown subject to any requirements under the. ...

Thursday, February 25, 2021   /   by Sam Gerardi

6 Things That Turn Buyers Off

5 Nonlazy Reasons to Skip Remodeling Before You Sell
Home sellers often hear that if they ever hope to find a buyer, they must whip their house into perfect shape—fix this, paint that, overhaul your horribly outdated kitchen. But just looking at the list of renovations is exhausting!
This leads many to wonder: Do I really need to do all that just to sell my home?
If that's how you feel, here's some good news: There actually are some good reasons—meaning reasons other than sheer laziness or lack of budget—to not bother renovating before you sell. Really.

You can’t read your buyers’ minds

Talia McKinney, a licensed real estate salesperson for Nest Seekers International in Brooklyn, NY, once had a seller who updated her kitchen floors and countertops and splurged on high-end, stainless-steel appliances in the hopes of getting more money for her sale.
Unfortunately, “the buyer who got into contract wanted a different color floor, different countertops, and black matte appliances. Theyh ...