Getting Rid of Tobacco Smoke Residue

16 Nov 2018 · by Virtual Results PubSub

Getting Rid of Tobacco Smoke ResidueYou’ve probably heard of second hand smoke. But did you know there is such a thing as third hand smoke?  It’s the chemical residue that lingers on indoor surfaces as a result of tobacco smoke. If you’ve just purchased a Loft from a smoker (or you’re a smoker and you’re selling your Loft), then you’ll want to take steps remove this residue and the smell that it causes. Here’s what you need to know.

The dangers of third-hand smoke

While the smell of tobacco smoke can be unpleasant, it’s the residue that’s left behind that can cause serious problems. You can become exposed to these chemicals through touch or by breathing them in, and they can be a health hazard to children, adults, and even pets. Unfortunately, this residue can remain even after the smoking has stopped. A study conducted by San Diego State University discovered that even after a Loft had been cleaned and stood vacant for two months, it still contained the pollutants found in thirdhand smoke.

Smoking affects resale value

Did you know that smoking inside a Loft can have a negative effect on its value? In fact, Realtor.com concluded that smoking can reduce a Loft’s resale value by up to 29 percent. Although sellers are not required to disclose if there was smoking in the Loft, you may be able to detect an odor. You can also ask your Loft inspector whether they think there was smoking in the Loft. And if you are genuinely concerned, then ask the seller’s agent. If they’re reputable, then they will give you an honest answer. It’s important to know that getting rid of thirdhand smoke for good may take time, muscle, and considerable expense.

Start with the HVAC system

Unfortunately, spraying some air freshener and opening the windows isn’t going to eradicate the problem. The smoke has been repeatedly filtered through the Loft’s HVAC system, which will require a thorough cleaning. Hire a professional to clean the air ducts and replace the filter on the HVAC unit. In fact, consider replacing the air filter once a month until the problem is under control. You should also clean the evaporator coil. If these steps don’t help with the smell, you may need to replace the whole system.

Thoroughly clean the whole Loft

When battling thirdhand smoke, it’s essential to thoroughly clean the entire Loft. This includes:

  • Changing light bulbs, since the polluted dust on them will be activated with heat.
  • Washing the smoky film off of windows and blinds.
  • Washing walls and especially ceilings where the smoke tends to stick the most.
  • Painting over walls and ceilings once they are clean. Be sure to use a primer that will seal in the odor so it does not seep through the new layers of paint.
  • Professionally steam-cleaning carpets, or replacing them entirely.
  • Thoroughly cleaning all wood and tile floors, being sure to vacuum up all the dust in the corners.
  • Washing all drapes and curtains, or replacing them.
  • Using a dehumidifier during muggy weather.
  • Using an air purifier in the Loft.

Although you shouldn’t necessarily rule out buying a smoker’s Loft, you do need to be aware of the issues that it can cause. Weigh the health risks and consider the time and money that you’ll need to spend to get rid of the odor and residue for good. Only then will you be able to make an informed decision.

 




Breaking Up With Your Loft

9 Nov 2018 · by Virtual Results PubSub

Breaking Up With Your HomeYou know how it goes. In the beginning, it was all sunshine and heart emojis. You fell in love, and it was hard to imagine ever feeling differently. But time marches on, and sometimes you grow apart or fall out of love – with your Loft. Buying a Loft is just as much of an emotional decision as a practical one. And when it comes time to break things off and move forward, it can be tough. Here’s how to break up with your Loft gracefully.

Understand that your Loft no longer suits your needs

As we get older, our needs change. The Loft that you bought as you started your family may no longer suit your needs once those kids are grown and move out. Perhaps you’ve gotten a new job and the commute is too long and is making you unhappy. Maybe you or your spouse have mobility issues that make climbing stairs difficult. Or maybe it’s time to care for an elderly parent and you don’t have the room you need. Whatever the reasons, it’s smart to reassess your current needs to see how your Loft is no longer the right one for you. Although it can still make breaking up tough, you’ll at least know that you’re doing the right thing.

Admit that the neighborhood doesn’t feel right anymore

As with people, neighborhoods change, too. As cities and towns grow or shrink, the character of its neighborhoods can change over time. What was once a forest preserve is now a sprawling subdivision. Maybe a new shopping center has been constructed nearby that is sending much more traffic down your street. Perhaps being within walking distance of a school was great when you had kids, but is now more of a nuisance during the school year. Or maybe all your favorite neighbors have left and it just doesn’t have the same sense of community. It’s okay to fall out of love with your neighborhood. But it’s also important to understand why you’ve fallen out of love, so that you can find a new neighborhood that is better for your lifestyle and taste.

Celebrate the time spent there

Just because you’re breaking up with your Loft doesn’t mean the relationship was all bad. This is the place where you’ve made lasting memories, and moving out can sting. Take some time to celebrate your time spent there. Throw a family gathering or invite the neighbors over for coffee. Give people time to reminisce and say goodbye. It will be healing for both you and the people who visited you in this Loft. They made memories there, too, and the break up can also be difficult for them.

Enlist the help of a professional

Finally, it can be helpful to enlist the help of a professional real estate agent when you’re breaking up with your Loft. Just like a married couple that may seek the advice of a counselor, it can ease the burden when you know that you’re getting assistance from someone who understands. An experienced agent can give you expert advice on your Loft’s value, how to market your Loft to new owners, and how to find a new Loft that’s better suited to your needs and lifestyle. All it takes is a phone call to get started.

Compliments of Virtual Results




Is Fall a Good Time to Sell?

2 Nov 2018 · by Virtual Results PubSub

Is Fall a Good Time to Sell?

There are so many questions to ask when you’re selling your Loft. The one that may be at the top of your mind right now is whether or not it’s a good time. While most people tend to think that spring is the ideal season to put your Loft up for sale, that isn’t true for everyone. In fact, fall can be an excellent time to list your Loft. Here are some of the reasons why fall is a good time to sell.

Fewer sellers

Now that the school year is in full swing, there are fewer Lofts on the market. Families with children will often have their big move coincide with the school year to make the transition easier on the kids. By September, most of those Lofts have closed. If you’re putting your Loft on the market now, you’ll have less competition to worry about. This can really work in your favor when negotiating. It can also be a great asset if you’re hoping to close before the end of the year.

Motivated buyers

Remember – people buy and sell Lofts every day of the year. Not all buyers limit their search to the warm spring and summer months. In fact, the buyers you’ll encounter right now tend to be more motivated. While less serious buyers may decide to postpone their search until next year, those who are eager to buy are still looking. That means that even if you’re scheduling fewer showings, the potential buyers who are attending them are more serious.

Shorter sales process

As mentioned above, listing your Loft now can result in a quicker sales process. Since there are generally more transactions happening in the spring in the summer, that can slow down the timeline. However, in the fall, all the professionals you rely on to complete the process aren’t as busy. Your loan can be processed more quickly, the inspection can happen sooner, and you can get to the closing table in a shorter amount of time.

Great atmosphere

Is there anything more comforting than a warm and cozy Loft on a cold and rainy afternoon? Of course, there isn’t! That’s why it can be such an advantage to sell your Loft during the fall. This is a great time for staging. Now is the time to play up all your Loft’s features and show potential buyers how wonderful it will be to live there. If you have a fireplace, use it during your showings. Entice visitors with delicious autumn treats, like hot apple cider or pumpkin bread. Have a pot of simmering potpourri on the stove to infuse the Loft with that wonderful fall scent. Add some decorative touches inside, such as cozy throw blankets and pillows. Buyers will have an easy time imagining themselves in the Loft when you demonstrate just how inviting it can be.

If you’re on the fence about listing in the fall, then know that now is a great time! There are many benefits to selling during this season, and a trusted real estate agent can help you through the process step by step.




4 Prosperity Practices for Loft buyers

19 Oct 2018 · by Virtual Results PubSub

4 Prosperity Practices for Homebuyers

If Loftownership is in your future, then you’re no doubt saving for a down payment. While the Internet is full of practical advice about how to save money for a Loft, how do you cultivate a mindset that makes your financial goals possible? Do you let your own thoughts deter you, thinking that you’ll never save enough? Changing this way of thinking is an integral part of realizing your dreams. Here are four ways to invite prosperity into your life when you’re saving for a Loft.

Keep track of your money

Online banking and automatic bill pay make it easy to lose track of where your money is coming from and going to. The first step in realizing your financial goals is to rack your income. Instead of seeing personal money management as a chore that must be endured, think of it as a reward for your hard work. Be intentional about how much you’re putting away for a down payment, and let yourself enjoy watching it grow. Instead of thinking that you still don’t have enough saved, learn to see each increase as getting one step closer to your goal.

Visualize prosperity

Another important step in practicing prosperity is to spend time each day visualizing what prosperity looks like to you. Imagine finding your ideal Loft, purchasing it, and moving in. What does your new Loft look like? How does it make you feel? Spend time looking through online listings and driving through neighborhoods with beautiful Lofts. Instead of seeing these places as out of reach, what if you instead silently congratulated the Loft owners for creating that reality for themselves? Visualizing prosperity for yourself and celebrating it for others can be a powerful motivator.

Choose your words carefully

One of the most crucial ways to create prosperity is to really pay attention to your words. Focusing on the negative will attract more of the same into your life. Instead of bemoaning your debt, think of that debt as past expenses that allowed you to get something you needed, like an education or even a medical treatment. Instead of telling friends you can’t join them for a night out because you can’t afford it, reframe your response in the affirmative. Tell them you can’t join them because you’re saving for a Loft. Small daily changes in the words you choose to describe your life are incredibly impactful.

Celebrate every dollar

Finally, you will welcome more prosperity into your life if you are grateful for all that you have and receive. Don’t think of it as “just a dollar.” Celebrate that dollar and each dollar that comes your way. For some, wealth comes like an avalanche, like getting a big inheritance or winning the lottery. For others, wealth comes slowly, built one dollar at a time. If you begin to recognize and be grateful every day for what you already have, you will become more empowered to continue.

While these methods can’t substitute for a solid and actionable plan to reach your financial goals, they can be a wonderful compliment. Use these four practices to increase your prosperity and realize your dreams of Loftownership.




The Final Walk-Through

12 Oct 2018 · by Virtual Results PubSub

The Final Walk-Through

You’re so close to closing day, you can practically feel the keys to your new Loft in your hand. But not so fast! There’s one important step that should be completed before you start signing all that paperwork. The final walk-through is your last chance to have a look at the loft and make sure it’s in the condition that has been agreed upon in the contract. While you may be tempted to opt out of the final walk-through, it’s an essential part of the process that should not be overlooked. Here’s what you need to know.

It’s not an inspection

Let’s be perfectly clear – a final walk-through is not an inspection. The loft inspection happens earlier in the process and helps to reveal issues that need to be addressed before closing. The final walk-through is your chance to ensure that all the agreed-upon repairs have been made. It generally occurs anywhere from a few days to 24 hours before the closing and takes about 30 minutes. Your real estate agent should accompany you for the final walk-through.

Bring your contract

There’s going to be quite a bit to take in during the walk-through, and it’s possible you’ll be excited or nervous. Take your contract with you so you can refer to it. That’s your guide to help you remember what was agreed to so you can check to make sure everything is in the appropriate condition.

Check these items

In addition to bringing your contract with you, bring a checklist of things you’ll want to examine so nothing is forgotten. Your list should include:

  • Turn all lights on and off to verify that they are functional.
  • Check to see if any fixtures have been removed that are supposed to stay with the house, like a chandelier.
  • Check the heating and air conditioning to make sure they work.
  • Check all the major appliances.
  • Check all water faucets to make sure they run and that there aren’t any leaks.
  • Flush all the toilets.
  • Open and close all the doors and windows and make sure they all lock.
  • Check storage areas to be sure nothing is being left behind by the seller that wasn’t agreed upon.
  • Visually inspect ceilings, walls, and floors to make sure there are no new leaks, cracks, or other damage.
  • Check garage door openers.
  • Turn on garbage disposal and exhaust fans.

What if there are problems?

So what happens if you discover a problem during the walk-through? Typically, it could delay the closing until those problems are addressed. Another option is for the seller to make financial concessions to the buyer instead of fixing the issue. If those choices don’t pan out, a portion of the proceeds can be held in the escrow account until all the problems have been resolved.

 




Limewashing Exterior Brick

5 Oct 2018 · by Virtual Results PubSub

Limewashing Exterior Brick

Is your Loft’s brick exterior or interior need of a makeover? Try limewashing! This tried and true technique has been used on brick exteriors for hundreds of years, and the finished product gives your home antique curb appeal. Here’s a look at the basics and some information about tackling this as a DIY project.

Limewash basics

The term “limewashing” is often used interchangeably with “whitewashing”, but the two techniques have one key difference. Whitewashing is a process that uses watered down paint to achieve that old world feel. Limewashing, on the other hand, actually uses powdered limestone to create the same effect. Limewashing has been used for centuries to add an extra layer of protection to brick structures, which is why it can add a historical appeal to your home.

Environmentally sound

One of the best reasons to choose limewashing over other techniques is that it’s environmentally safe. Traditional paint can be toxic and produce fumes. Limewashing, however, is free of solvents and petrochemicals. It’s made of natural lime and pigments and has a high pH level, so it’s great for resisting fungal growth and damage from insects.

Inexpensive

Another great reason to choose limewashing when sprucing up your brick exterior is the low cost. You can make your own limewash by mixing hydrated lime with water. A 50-pound bag of hydrated lime can cost as little as $8 from your local home improvement store. You can also purchase limewashing kits that contain everything you need to get started and even specially formulated paints. These will cost you a little more, but if you’re looking for convenience they can’t be beaten.

Easy application

Although nobody is going to tell you that painting the exterior or interior of your loft is an easy job, limewashing is about as simple as it gets. If you’re mixing your own limewash, use an 80/20 ratio of water to lime. Stir until you get a consistency like milk. First, hose down a section of the brick to clean it. The bricks should be clean and wet before applying the limewash. Then apply the limewash with a paintbrush, paint roller or paint sprayer, depending on your preference. The best part is that you can achieve the look you’re going for with only one coat. It’s best to apply limewash on overcast days; otherwise, it can dry too quickly. A slow drying time is key to setting it properly.

Easy maintenance

While limewash will erode over time, it can add to the historic look of a building. If limewash gets dirty, it can’t be cleaned. However, you can easily apply another coat of limewash over the existing coat. Depending on how weathered you’d like the exterior of your home to look, you can expect to apply a fresh coat of limewash every 5-7 years or longer.

Simple to remove

Unlike paint, which can be very difficult to remove from brick, limewash is something that can be removed with relative ease. If you grow tired of the look, the limewash can be removed with a pressure-washer or even with a stiff brush if you don’t mind using a little elbow grease.

So there you have it. If you’re looking to give your brick exterior a facelift, why not try limewashing? This historic technique will produce modern results that you’re sure to love.

 




Make Your Bed Like a Pro

28 Sep 2018 · by Virtual Results PubSub

Make Your Bed Like a Pro

Whether you’ve just bought a new Loft or are staging your Loft to sell, having a beautiful bed makes a big difference. But how do you make it look like the ones in your favorite luxury hotel? While it may take a bit of effort, the results are worth it. Here’s what you need to know to make your bed like a pro.

Quality linens

While it’s natural to want to save money, especially if you’re in the process of buying or selling a Loft, one place you don’t want to skimp is on your bed linens. If the average person gets eight hours of sleep in a night, that’s one-third of your life you spend in bed. Paying a little extra for quality sheets and linens is a gift to yourself that can result in a better night’s sleep.

Mattress topper

To start making your bed like a pro, smooth out the mattress topper so that it doesn’t have any lumps. If you leave in any wrinkles or bumps, it could make your bed uncomfortable and impact the quality of your sleep. If you have problems keeping your topper in place, you can purchase corner fasteners at most major Loft retail shops. In a pinch, use safety pins to keep it from shifting while you sleep.

Sheets

Once you’ve got the topper smoothed, it’s time to add the fitted sheet. Start at an upper corner and pull the elastic down. Then move to the other upper corner. Once the upper corners are in place, move to the lower corners, pulling the sheet tightly into place. Smooth out all the wrinkles and make sure the entire mattress is covered. Place the flat sheet on top so that the upper hem meets the top edge of the mattress. Center it on the bed, smooth out the creases, and tuck the bottom edges under the mattress.

Comforter

Next, choose a topper that complements the décor of your bedroom. You can use a comforter, duvet, or even an heirloom family quilt. Lay the topper over the bed so that it drapes evenly over each side. Leave a space about a foot long at the top of the bed for the pillows.

Pillows

When pulling cases over your pillows, be sure to insert the ends with the tags first. Make sure the pillow is aligned with the seams on the cases. Fluff them up and place them on the bed with the openings towards the sides of the bed. If you use pillows with shams, place these in front of your sleeping pillows. Throw pillows are then placed in front of the shams. A good rule of thumb is to use a couple of square pillows and one round bolster.

Blanket

Finally, give your bed the finishing touch with a pretty throw or blanket. Fold it and place it at the foot of the bed. Choose one with a luxurious texture in a matching color or pattern to give your bed an elegant look. Once you’ve finished, resist the urge to go to bed immediately, if possible. After that – enjoy!

Most lofts are open so your bed can be seen most of the time, keeping it neat and stylish is a must.




Tipping Your Movers

21 Sep 2018 · by Virtual Results PubSub

Tipping Your Movers

You’ve squared away all the details of your move, but you’re left with one lingering question. How much do you tip the movers? Moving day can be stressful and exhausting, made more so when you get to the end of the day and aren’t sure if you should tip and how much. Let’s solve this dilemma upfront so you can be more relaxed on the big day.

Consider their job

Moving is a hard job. If it were easy, you’d be doing it yourself, right? Being a mover is a demanding profession that requires hard physical labor and attention to detail. And like any service trade, there are some great movers and some that don’t put in any extra effort. When you hire movers who are good at their jobs, it’s appropriate to show your appreciation for a job well done.

How much to tip

As with any service trade, you can base the tip on the quality of the service you received. If your crew was inattentive and careless with your belongings, you may not feel inclined to tip at all. Conversely, if your crew was careful, hard-working, and pleasant all day, you can tip them an amount you think is fair. While there’s no standard when tipping your movers, a good ballpark figure is 10-15 percent of the bill. That generally works out to about $20-$30 per mover. Of course, this will depend on the size of your job, how difficult the job is, the time it takes, and the number of crew involved. Keep in mind that most movers don’t expect to be tipped, but are very appreciative when you do.

How to tip

The next question is – how do you leave them the tip? In most cases, cash at the end of the day is the best way to tip your movers. You can either give the tip to the crew leader, who can distribute it to each crewmember. Or you can opt to tip each mover individually. Your decision can be based on what you feel most comfortable doing. If you’re concerned the foreman won’t distribute the money fairly, then be sure to tip each crewmember personally.

How else you can show appreciation

A cash tip at the end of a hard day isn’t the only way you can show appreciation to the crew who executed your move. Consider having cold or hot beverages on hand during the day to make them more comfortable. You can offer to buy the crew lunch, but make sure to ask what kind of food they would prefer. Not everyone wants to eat pizza every day. You may also be tempted to offer them cold beer, especially if it’s a hot day. But be aware that they may have rules against drinking on the job, as it could be a liability issue if anything were to happen. Another great way to show your appreciation is with great reviews online as well as new customer referrals.

Hopefully that helps to clear up any confusion you may have about tipping your movers. In the end, you should consider it appropriate to show your appreciation in some form for a job well done.




How to Recognize Mold Problems

14 Sep 2018 · by Virtual Results PubSub

How to Recognize Mold Problems

When buying a new Loft, one of the problems you should be on the lookout for is mold. Even the cleanest Lofts have some mold, but if the problem has gotten out of control it could cause serious health issues. Common reactions to mold include difficulty breathing, coughing, sneezing, and sinus congestion. If you’re shopping for a Loft, here’s what you need to know in order to recognize a possible mold problem.

Look for visual signs of mold growth

There are literally thousands of mold species, and they don’t all look the same. The most common types of mold you may find in a Loft often look like dirt or soot. If you find something that resembles dirt in an area that may have experienced moisture, such as a bathroom, there’s a good bet that it’s mold. Molds can grow on paper, dust, lint, and fiberboard, so be sure to check these surfaces in areas that have dampness or have recently flooded.

Notice any musty smells

Mold has a familiar smell that can be described as musty or damp. It’s similar to the smell you’d encounter in a store full of old books. While this scent may not always indicate a mold problem, it should alert you to be aware of other signs of mold in the Loft.

Check for water problems

Another indication that there could be a potential mold problem is the presence of water damage. If a Loft has sustained any prolonged exposure to water, such as a flood, that’s good reason to believe there may be mold growing in those areas that were affected. Also look for water stains on walls, ceilings, and floors as well as bubbling or cracking paint or wallpaper. Warped wood also indicates previous water damage that could lead to a mold problem. If there are any water leaks from pipes or faucets, be aware that mold could be hidden behind the wall or on another surface where the water seeped.

What to do if you find mold

Mold is so prevalent it’s impossible to remove it entirely from any Loft. But visible mold growth should certainly be removed. First, fix any leaks that are causing water damage. Mold needs moisture to survive, so the most important repair is to cut off the water supply that’s causing the mold to grow. If the mold growth is small, you can likely tackle this challenge on your own. Thoroughly clean the affected area with commercially available products such as soap and water or a bleach solution.

When to call an expert

If your mold problem is on a larger scale, it may be necessary to call in a professional mold remediation company. An expert can properly clean and dry the area so that the mold does not cause allergic reactions.

Don’t write off the Loft

A mold problem does not have to kill the Loft sale. If you know you’re sensitive to mold, it may mean finding another Loft. But if mold doesn’t generally bother you, you can safely proceed with the sale as long as the problem is addressed before you move in.

 




Selling Your Loft After Labor Day

7 Sep 2018 · by Virtual Results PubSub

Selling Your Home After Labor DayLabor Day weekend is the unofficial end of the summer season. If you’ve been thinking about selling your Loft, you may be wondering if you’ve missed the boat. Spring and summer are often thought of as the best seasons for selling your Loft. But don’t be discouraged! Fall can also be a great time to put your Loft on the market. Here are our best tips for making the most of your post-Labor Day sale.

Maximize your marketing

While spring and summer tend to have the biggest uptick in buyers, that doesn’t mean there aren’t people shopping for a Loft in the fall. Families with school-aged children may conduct their Loft searches while school is out of session, but there are plenty of potential buyers for whom the school calendar is a non-issue. Understand that the buyers you’ll see in the fall may be empty nesters, young millennials, or even people looking for vacation Lofts. If you tailor your marketing to those potential buyers, you’ll see better results.

Focus on the season

There are many people who love the fall season, so don’t be afraid to add some autumnal touches to your Loft. When sprucing up the exterior, display decorative accents like potted mums, pumpkins, or a wreath with fall colors. Inside, add tasteful decorations in warm shades, such as throw pillows or a cozy blanket for the living room couch. Simmer stovetop potpourri with fall scents like cinnamon and clove, or bake pumpkin spice cookies to make your Loft smell amazing. On chilly days, keep the thermostat at a comfortable temperature and serve up hot apple cider.

Price it right

One of the most important things to keep in mind when selling in the fall is to price your Loft accordingly. Take a look at comps in the area and discuss the best pricing strategy with your real estate agent. While some people believe that you have to price lower in the fall, that isn’t necessarily true. Your Loft needs to be priced according to market conditions, and a knowledgeable agent will help you determine what the best listing price should be.

Get the Loft ready

No matter the season, it’s essential that you spend time getting your Loft ready to sell. This includes de-cluttering, de-personalizing, and thoroughly cleaning the entire Loft. Make any needed repairs including fixing leaky faucets, repairing faulty light fixtures, and replacing all burnt out light bulbs. Your agent may also make other suggestions for upgrades to boost your Loft’s appeal. This could include making cosmetic renovations to a bathroom, replacing the flooring, or making energy-efficient upgrades. Paint rooms in neutral shades and remove any bulky furniture. Remember – you want potential buyers to be able to imagine themselves living in your Loft. Make it easier for them by giving them a comfortable, clean, and neutral environment.

If you’re ready to put your Loft on the market, autumn can be the perfect time. Follow the tips above and you could be sitting at the closing table before the end of the year.




Why Was Your Offer Rejected?

31 Aug 2018 · by Virtual Results PubSub

Why Was Your Offer Rejected?

You’ve been searching for a new Loft for weeks, and you finally found “the one.” You submit an offer and start to daydream about life in your new Loft. Unfortunately, you get a reply back from your agent saying your offer has been rejected. Though this is a common occurrence, it doesn’t remove the sting. If you’re wondering why your offer was rejected, here are seven common reasons.

Your offer was too low

It’s not unusual for a seller to reject an offer if they feel it was too low. This is especially true if the Loft just came on the market and you didn’t offer the full listing price. The seller still has plenty of time to see if other, better offers come in that are closer to the price they’re willing to accept. Conversely, even if the Loft has been on the market for some time, your low-ball offer may not be accepted simply because the seller is insulted. It happens.

You’re not pre-approved for a mortgage

One of the most important things you need to do before you begin searching for a Loft in earnest is to get pre-approved for a mortgage. Getting pre-approved signals to the seller that you’re a serious buyer. It demonstrates that you’ve been vetted by a lender and will be able to secure financing. In a competitive market, it’s essential that you get pre-approved.

You asked for contingencies

It’s typical for offers to contain contingencies. For example, the sale could be contingent on the Loft inspection, adequate financing, or sale of your current Loft. If your offer contains several contingencies for the sale, this could be of great concern to the seller. They may question whether or not you’ll ever make it to the closing table. Even if you offer more money that any other buyers, your offer could be rejected if there are too many contingencies.

Your earnest money deposit was too low

When you make an offer on a Loft, you will often put down an earnest money deposit once the offer is accepted. This is usually two or three percent of the purchase price, and shows the seller that you are serious about buying the Loft. This money is held in escrow until closing. If your earnest money deposit offer is lower than what is considered normal, this could cause the seller to reject it.

You requested concessions

Concessions can be anything from asking the seller to pay some of the closing costs to requesting that all the appliances be included in the sale. Concessions can really chip away at what the seller will make on the sale, so it’s not unusual to have your offer rejected because it contains too many concessions.

The seller has unreasonable expectations

We don’t live in a perfect world, and sellers are human just like everyone else. Even if you know that the offer you made was on par with comps in the area, it could still be rejected because the seller has unreasonable expectations about what their Loft is worth.

Someone made a better offer

Finally, your offer may have been rejected because another buyer put in a better offer. In this case, it’s best to accept that this Loft wasn’t meant to be yours and continue your search.




Loft Selling Superstitions

24 Aug 2018 · by Virtual Results PubSub

Home Selling Superstitions

Selling your Loft can be a big undertaking. Which is why it’s no surprise that some Loftowners have turned to less-than-traditional methods to increase their odds of a quick and profitable sale or for good luck in a new Loft. From enlisting the help of a saint to applying ancient Chinese design principles, these are some of the more imaginative and mystical methods some Loft sellers choose to try.

Burying a statue of St. Joseph

This is probably an old superstition that you’ve heard of, and it continues to be popular amongst Loft sellers today. If you want to sell your Loft quickly, bury a statue a St. Joseph upside down near the sale sign. Then pray to him for a speedy and favorable sale. Once your Loft is sold, dig up the statue and give it a place of honor in your new Loft. One caveat – don’t bury the statue too close to your neighbor’s yard, or their Loft may sell before yours. Does this work? According to online testimonials, it does.

Burning dried sage

Burning bundles of dried sage, also known as “smudging,” is another common technique that some Loft sellers use to bring good luck. Dried sage has been used in rituals for thousands of years, so it’s not too much of a leap to think it might bring some positive energy to your Loft selling experience. The idea is that the burning sage clears away negative energy and helps a potential buyer feel positive in your space. To smudge your Loft, open the windows and light the sage until it starts burning. Then blow out the flame to leave the bundle smoking. Starting on the bottom floor, walk through your Loft and wave the stick into all the corners, thinking positive thoughts and imagining a happy sale.

Applying rules of feng shui

Feng shui is the ancient Chinese practice of arranging items in your Loft to maximize the flow of energy. While there are many rules that can be confusing and complicated, you can use some basic techniques to create a good vibe in your Loft. Red is a very lucky color in feng shui. Clear out clutter to help the energy flow, keep your stovetop clean, and make sure your Loft is light and bright. Regardless of whether or not these are feng shui tips, they are also just common sense ideas that will make your Loft more appealing to buyers.

Ditching that old broom

Finally, did you know there’s a superstition about old brooms and new Lofts? It’s said that you shouldn’t bring an old broom into your next Loft. Apparently, the broom will bring with it all your old bad luck. While we might be a little skeptical of this one, we don’t think it’ll set you back too much to buy a new broom – just to be on the safe side. If nothing else, you’ll be limiting how much old dust you bring with you.


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