Heidi Phong Real Estate Team Blog
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Heidi Phong's Real Estate Team writes often to update you on the latest in real estate in Greater Sacramento and on owning a home or property in the local area. We're the most innovative real estate team.
Heidi Phong Real Estate Team Blog
9M ago
The housing market is a complex and dynamic ecosystem that can often be influenced by prevailing myths and misconceptions. Unfortunately, these misconceptions can lead to confusion, missed opportunities, and unnecessary stress for buyers and sellers. In this article, we aim to debunk some of the most common housing market myths that are currently affecting today’s buyers and sellers, shedding light on the truths that will help them make more informed decisions and navigate the real estate market with confidence.
Myth: The Housing Market Always Goes Up, Guaranteeing Profits for Sellers
One o ..read more
Heidi Phong Real Estate Team Blog
1y ago
Selling a home can be an exciting but also nerve-wracking process. One of the key metrics to keep an eye on is the “Days on Market” (DOM), which refers to the number of days a property remains active on the market before it gets sold. Understanding the average timeline and factors that influence DOM can help sellers set realistic expectations and make informed decisions. In this week-by-week guide, we will explore what you can expect during each stage of the selling process.
Week 1: Preparation and Listing During the first week, you’ll focus on preparing your home for sale. This includes decl ..read more
Heidi Phong Real Estate Team Blog
1y ago
Buying a home is an exciting and life-changing decision. It is also a significant financial investment, which can put a strain on your budget. In today’s unpredictable market, where prices are rising, it can be challenging to save money when purchasing a home. However, with a little bit of planning and research, you can still find ways to save money and buy your dream home. In this article, we will discuss some tips on how to save money when buying a home in today’s market.
Research the market
Before starting your home search, research the market to get a better understanding of the current ..read more
Heidi Phong Real Estate Team Blog
1y ago
When buying or renting a home, it’s important to have a basic understanding of architectural styles. The style of a home can influence everything from its layout to its exterior appearance, and understanding the different styles can help you make a more informed decision when it comes to finding a home that meets your needs and preferences. In this article, we’ll take a closer look at some of the most common architectural styles of homes and define their key features and characteristics.
Colonial Colonial-style homes originated in the early 1600s and were heavily influenced by the styles of ..read more
Heidi Phong Real Estate Team Blog
1y ago
Renting an apartment can be a daunting task, especially when it comes to getting approved for one. With the high demand for rentals and the competitive nature of the market, it’s crucial to make your rental application stand out from the rest. Here are six tips to help you get approved for an apartment.
Prepare Your Documents Ahead of Time One of the biggest mistakes people make is waiting until the last minute to gather all the necessary documents for their rental application. This can cause delays and may even cost you the apartment if someone else is more prepared. Start gathering your do ..read more
Heidi Phong Real Estate Team Blog
1y ago
For most homeowners, selling their house is a major decision that requires careful consideration. Deciding when to list your property can be overwhelming, especially with the current real estate market’s ups and downs. While spring is traditionally considered the ideal time to sell a home, it’s not always the best option for everyone. In this article, we’ll explore seven great reasons to list your house this spring and three times when you might want to wait.
7 Great Reasons to List Your House This Spring
The Weather is Ideal for Showing Your Home
Spring weather is perfect for showing your ..read more
Heidi Phong Real Estate Team Blog
1y ago
Buying a dream home is an exciting and significant milestone in life, but sometimes the perfect home may be missing one essential feature: a garage. While this may seem like a deal-breaker for some, it is not impossible to add a garage to a home that does not have one. However, there are several factors to consider before building a garage.
First, it is crucial to understand the local building codes and regulations. These regulations differ from place to place, so it is essential to check with the local authorities before beginning any construction. It is also important to obtain the necessar ..read more
Heidi Phong Real Estate Team Blog
1y ago
Selling a home can be an exciting but stressful time, especially when it comes to taxes. Fortunately, there are several tax advantages available to home sellers that can help ease the burden of taxes. In this article, we’ll explore five tax advantages that home sellers should know about.
Capital Gains Exclusion
One of the most significant tax advantages available to home sellers is the capital gains exclusion. This exclusion allows home sellers to exclude up to $250,000 ($500,000 for married couples filing jointly) of capital gains from the sale of their primary residence if they have owned ..read more
Heidi Phong Real Estate Team Blog
1y ago
As we go through life, our needs and priorities change, and so do the spaces we live in. Downsizing your home can be a tough decision, but it can also be liberating and rewarding. If you’re considering downsizing, here are some tips to do it with absolutely zero regrets.
Start with a plan.
Before you start downsizing, it’s important to have a clear plan in place. Start by identifying what you truly need and what you can live without. Consider your lifestyle, hobbies, and daily routines, and think about how you want to use your space. Create a list of must-haves and nice-to-haves, and use it ..read more
Heidi Phong Real Estate Team Blog
1y ago
Buying a home is a major life decision, and it requires careful consideration of several factors, including location, affordability, and eligibility for a loan. One option that is often overlooked but can provide significant benefits for eligible buyers is a USDA loan.
The United States Department of Agriculture (USDA) offers a loan program designed to help homebuyers in rural and suburban areas. These loans are intended to improve the economic conditions of these areas by making homeownership more accessible and affordable. If you’re considering buying a home in a rural or suburban area, a U ..read more