Mac Chinsomboon - Coldwell Banker Residential Brokerage



Posted by Mac Chinsomboon on 5/20/2018

If you've lived in your home for more than a couple years, chances are you've grown rather attached to it. Whether you're selling your house because your family has outgrown it or your company has transferred you to another location, you're probably attaching a lot of sentimental value to the price tag. Unfortunately, sentimental value does not translate into dollars and cents in today's real estate market.

The emotions of prospective buyers will often play a role in their decision to make on offer on your house, but they're probably not going to pay more than the market value for your property -- unless there's a bidding war situation going on. One of the best ways to determine a fair and reasonable asking price for your home is to have it appraised by an experienced real estate agent. Their appraisal will be based on objective data, such as the selling price of comparable homes in your area. The location and condition of your home will have a bearing on pricing your home effectively, as will the prevailing market conditions and other factors. Although online estimates can sometimes give you a ballpark figure of what your house may be worth, a local appraisal is more accurate

A common misconception among homeowners is that a $10,000 home improvement expenditure should justify a $10,000 increase in the selling price of a home. Although that concept may seem logical, it unfortunately doesn't work that way in the real estate market. An updated kitchen, bathroom, or roof may make your house more appealing to prospective buyers and help it sell faster, but it probably won't have a dollar-for-dollar impact on the price buyers would be willing to pay. Since each selling situation is unique, however, your local real estate agent is the best person to consult regarding a fair asking price for your home.

Avoiding Home Seller Mistakes

In addition to overpricing their home, another mistake home sellers make involves three related activities: decorating, staging, and attempting to create curb appeal. In spite of a homeowner's best intentions, their decorating and home staging ideas may clash with those of the house-buying public. When you attempt to tackle home staging on your own, several things could go wrong.

  • You could either spend too much or too little on making repairs and sprucing up your home's appearance.
  • You could spend your time and money upgrading inconsequential features of your home, while overlooking the real important changes that need to be made.
In either case, you're missing the mark when it comes to maximizing the marketability of your home. That's why it pays to take advantage of the knowledge, expertise, and objectivity of a professional real estate agent. Their recommendations on pricing and home staging will be based on experience, best practices, objective criteria, and current market conditions.





Posted by Mac Chinsomboon on 5/13/2018

Whether you’re an empty nester, or just feel that you have too much “stuff” in your house, many people can stand to downsize. If you are planning on moving to a smaller home or if you want to get your family’s amount of “treasures” reduced, it’s not an easy task. We can promise that it will be a worthwhile one! 


Just how can you downsize when you have a houseful of stuff? There’s a few rules of thumb that you should follow in order to keep your downsizing process streamlined and stress-free.


Don’t Try To Do Everything At Once


The more stuff that you have, the more overwhelming your project will be. You may want to be very efficient and try to get everything cleaned out as soon as possible. It’s probably not feasible to get it all done at once. You’ll stress yourself out both physically and emotionally. Think of a realistic time table for you based on how much time you hope to clean over a certain period and how much stuff you actually have. It’s best if you plan to tackle one room and one area at a time.   


If You’re Helping Someone Else, Ask Yes Or No Questions


When you’re in the process of moving or even just getting rid of stuff, the people you’re helping will thank you if you’re direct. Ask yes or no questions about things as the whether it’s being donated, tossed, or saved. This will be especially helpful when working with children and older people.  



Presort Items


You can also expedite the process of cleaning things just by sorting them out. Keep piles of clothing, kitchen items, tools and toys separate. This process works best with items that are numerous like clothing. Once the items are separated, they may be much easier to tackle.               


Know How Much Space You Have


If your goal is to empty out one closet in your home, then you know that space will be unavailable for storage. If you’re moving from an 8 room house to 5 room condo, you may have a bit more purging to do! Just remember that there’s no point in hanging onto things that won’t be used or that have no place to be stored.


Don’t Have An Undecided Pile


Don’t start an undecided pile of stuff. It will just end up back in your pool of things that will need to be cleaned out at a later time. Make sure that you make a clear decision on what you’re doing with each item in the process of sorting. One exception to this rule is paperwork. If you need to sort through a lot of it, place it in a box to go through at another time, preferably once the rest of the house is settled. 


If you focus on sorting and seeing what your most used items are, downsizing should be a less overwhelming task. Once you clean, you can focus on more important things like moving!





Posted by Mac Chinsomboon on 5/6/2018

The homebuying journey should be fast and seamless, but problems may arise that prevent you from accomplishing your desired goals. For example, if a buyer with a poor credit score fails to get financing before submitting an offer to purchase a house, this individual may struggle to acquire his or her dream residence. Or, if a buyer fails to evaluate various housing market data, he or she may miss out on opportunities to purchase the right house at an affordable price.

There is no need to worry about homebuying crises. Lucky for you, we're here to guide you along the homebuying journey and ensure you can mitigate problems that otherwise may make it difficult for you to buy your dream house.

Avoid homebuying crises – here are three tips to help you minimize the risk of encountering problems during the homebuying journey.

1. Learn About the Local Housing Market

The housing market is complex, regardless of whether you are pursuing residences in small towns or big cities. Fortunately, plenty of housing market data is available to help you understand real estate patterns and trends. This information can help you map out your homebuying journey based on the current housing market's conditions.

Typically, it helps to look at the prices of recently sold houses in your preferred cities and towns. This information highlights whether house sellers are receiving offers at or above their initial asking prices and may help you differentiate a buyer's market from a seller's one.

You also should examine the prices of available houses that match your homebuying criteria. That way, you can hone your home search and accelerate the homebuying journey.

2. Get Pre-Approved for a Mortgage

Believe it or not, it usually does not take long for a homebuyer to get pre-approved for a mortgage. In fact, banks and credit unions can quickly teach you about different home financing options and ensure you can make an informed mortgage decision.

If you receive pre-approval for a mortgage, you can enter the housing market with a budget. Then, when you discover your dream house, you can submit an offer to purchase with home financing in hand.

3. Work with a Real Estate Agent

A real estate agent is a must-hire, especially if you want to limit the risk of potential crises during the homebuying journey. With a real estate agent at your side, you can identify homebuying problems and resolve these issues before they escalate.

Generally, a real estate agent will support you at each stage of the homebuying journey. He or she first will learn about you and your homebuying goals. Then, a real estate agent will create a personalized homebuying strategy to help you accomplish the optimal results. And if you have concerns or questions during the homebuying journey, a real estate agent is happy to respond to them.

Prevent homebuying crises – use the aforementioned tips, and you can increase the likelihood of a successful homebuying experience.




Categories: Uncategorized  


Posted by Mac Chinsomboon on 4/29/2018

A healthy lifestyle is a reflection of your personal values and the habits you cultivate on a daily basis. When you prioritize, in your own mind, the importance of taking care of your own health, as well as that of your family, you've laid the groundwork for a healthier home environment. One of the worst dietary habits that many families fall into is keeping the kitchen well stocked with ice cream, cookies, cheese, crackers, and potato chips. While the mantra "All things in moderation" is a good guideline to follow, many people -- especially children -- do not have the self discipline to put that idea into practice. As you may have discovered, motivating your kids to eat less junk food and more fruits and vegetables can sometimes feel like an exercise in futility -- and unfortunately, that's not the kind of exercise that burns calories! A Few Ideas For Healthier Eating Permanently purging your home of all signs of snack foods that contain "empty calories" is too extreme of a solution for most families! A more realistic alternative might be to buy snacks in limited amounts and opt for the "reduced fat" version, whenever possible. Then, by keeping a fresh supply of apples, bananas, and other fruit in the house, you're encouraging your family to make healthier eating choices. One way to present this alternative in a more appealing way is to make low-cal fruit smoothies for your kids, or teach them to do it themselves (if they're old enough). A proven method of helping to control portion size is to serve food on smaller plates. Not only does it create the illusion of a larger serving, but it helps to limit the size of second helpings. It doesn't work for everybody all the time, but it is worth a try! Offering ice water with meals, instead of sugary soda and fruit drinks, is another simple, but healthy habit for the family. A slice of lemon or lime can add to both the taste and visual appeal. There are literally dozens of other healthy food choices you can incorporate into your family's diet, but I'll leave those details to the nutritionists, dieticians, and medical professionals. There are also several authoritative websites online that can provide you with complete guidelines, recipes, healthy snacks, and meal plans. What About Exercise? As you've probably heard, a sedentary lifestyle is one of the leading causes of health problems in people of all ages. Fortunately, there are at least as many choices for staying physically active as there are excuses for avoiding it. Even if the idea of heading to the gym four times a week sounds about as appealing as being trapped in an elevator with a door-to-door salesman, there are plenty of other ways to stay in shape. Low-impact sports, such as golf, tennis, and swimming, can provide an array of benefits for both the mind and body. When all else fails, there's always the option of taking a family walk in the park or neighborhood. Sometimes adding a dog into the mix can provide an additional incentive to go out and "hit the pavement." While all exercise and dietary programs should be approved by your physician before getting started, there are quite a few common-sense approaches to improving health, such as portion control, junk food reduction, and age-appropriate physical activity (taking in account medical restrictions and personal safety.)





Posted by Mac Chinsomboon on 4/22/2018

If you plan to submit an offer to purchase a home, there is no need to leave anything to chance. And in most instances, it is a good idea to put your best foot forward with your offer to purchase. That way, you can boost the likelihood of receiving an instant "Yes" from a seller and moving one step closer to acquiring your ideal residence.

Now, let's take a look at three tips to help you put together a competitive homebuying proposal.

1. Study the Housing Market

The current state of the housing market may impact the definition of a competitive offer to purchase. For instance, if the housing market favors buyers, you may face limited competition to acquire your ideal residence and can craft your offer to purchase accordingly. On the other hand, if the housing market favors sellers, you may need to submit an offer to purchase at or above a seller's initial asking price to secure your dream home.

Take a close look at the housing market and analyze market data. Then, you can differentiate a buyer's market from a seller's market and determine how much to offer for a house.

2. Weigh a House's Pros and Cons

A home has its strengths and weaknesses, and as a property buyer, you should dedicate time and resources to learn about all aspects of a residence. By doing so, you can determine whether a residence is right for you and submit an offer to purchase based on a house's age and condition.

Consider any home repairs that may need to be completed as well. If you understand the costs of potential home improvements, you can craft an offer to purchase that accounts for these tasks.

3. Collaborate with a Real Estate Agent

Submitting a competitive offer to purchase sometimes can be difficult for experienced and first-time homebuyers alike. Fortunately, if you work with a real estate agent, you can get the help you need to create an aggressive offer to purchase.

A real estate agent understands the ins and outs of buying a house and can offer expert insights into the property buying journey. He or she will teach you about the real estate market and respond to your homebuying concerns or questions. In addition, a real estate agent will help you find your dream home, set up house showings and keep you informed about residences that become available and fit your homebuying criteria.

Furthermore, a real estate agent can provide in-depth housing market data and insights. He or she ultimately can help you take the guesswork out of crafting a competitive homebuying proposal. And as a result, a real estate agent will do everything possible to ensure your offer to purchase matches a seller's expectations.

Ready to submit an offer to purchase your dream residence? Take advantage of the aforementioned tips, and you can bolster your chances of acquiring your ideal residence in the foreseeable future.




Categories: Uncategorized