Tina Bilazarian
Tina Bilazarian Daily Emails Tina Bilazarian reviews


Posted by Tina Bilazarian, Broker on 3/26/2020

Every home seller wants to enjoy a positive property selling experience. Yet ensuring your home selling strategy goes according to plan may be difficult, particularly for a seller who lacks property selling expertise. Lucky for you, we're here to provide the help you need to achieve the optimal results at each stage of the home selling journey.

Now, let's take a look at three tips to help you reap the benefits of a positive home selling experience.

1. Set an Aggressive Initial Home Asking Price

How you price your home will have a significant impact on how quickly your residence sells. If you establish an aggressive initial home asking price, you should have no trouble stirring up plenty of interest in your residence as soon as your home becomes available.

Check out the prices of available houses in your area that are similar to your own residence. Then, you can establish a price range for homes in your area and price your house accordingly.

Furthermore, it often helps to evaluate the prices of recently sold houses in your city or town. With this housing market data at your disposal, you can find out whether you're getting ready to sell your home in a buyer's or seller's market.

2. Remove Clutter

Clutter is problematic, particularly for a home seller who wants to streamline the property selling cycle. Fortunately, home sellers who identify clutter now can eliminate this problem before they list their houses.

Antiques, paintings and other excess items inside your home should be removed. You can always rent a storage unit, which will enable you to keep these items safe until you sell your house. Or, you can host a yard sale or sell excess items online prior to listing your residence.

Don't forget to remove lawn decorations and other clutter from outside your house as well. By doing so, you can instantly improve your house's curb appeal and increase the likelihood of a fast, profitable home sale.

3. Consult with a Real Estate Agent

A real estate agent is prepared to do everything possible to ensure you can enjoy a positive house selling experience. In fact, this housing market professional will offer plenty of support at each stage of the home selling journey.

Usually, a real estate agent will meet with you before you list your house. He or she then will craft a home selling strategy designed to help you accomplish your home selling goals. Next, a real estate agent will promote your house to dozens of potential buyers, set up home showings and open house events and keep you up to date about any offers to purchase your residence. And if you decide to accept an homebuying proposal, a real estate agent will guide you through the home closing process.

Ready to reap the benefits of a positive home selling experience? Take advantage of the aforementioned tips, and you can seamlessly navigate the home selling journey.




Categories: Uncategorized  


Posted by Tina Bilazarian, Broker on 3/19/2020

For a home seller, hosting an open house can be a double-edged sword.

On the one hand, an open house provides an opportunity to showcase your residence to large groups of prospective homebuyers. Conversely, hosting an open house also requires lots of preparation, and getting ready for an open house may prove to be overwhelming, time-consuming and costly.

Lucky for you, we're here to help host an unforgettable open house.

Now, let's take a look at three factors that a home seller needs to consider before an open house.

1. The Current Condition of Your Home

Although you might believe that your home is currently open house-ready, it may need some work. Fortunately, there are many ways to learn about the strengths and weaknesses of your residence and plan your open house accordingly.

For example, a home appraisal may prove to be exceedingly valuable. This appraisal enables a home inspector to review your residence both inside and out. Then, he or she can offer home improvement recommendations so that you can upgrade your residence as needed.

Take a home appraisal report seriously. By doing so, a home seller can transform an ordinary residence into one that matches or exceeds homebuyers' expectations during an open house.

2. The Home's Interior or Exterior

Homebuyers are drawn to residences that feature dazzling gardens, clutter-free interiors and other stunning features. Thus, a home seller who dedicates the necessary time and resources to bolster a house's interior and exterior can increase the likelihood of hosting a successful open house.

To improve a home's interior, a home seller can scrub the floors, clean the walls and ceilings and perform assorted home interior maintenance and improvements. In addition, a home seller should depersonalize and declutter a home's interior as much as possible.

Comparatively, to enhance a house's exterior, a home seller should mow the front lawn, clear debris and dust from exterior walkways and ensure the house looks great to passers-by. With simple home exterior improvements, a home seller can boost a house's curb appeal and help a home stand out from other available residences.

3. Your Real Estate Agent

Let's face it – prepping for an open house can be stressful. However, a real estate agent can help a home seller get ready for the best- and worst-case scenarios.

A real estate agent will help a home seller prepare his or her residence for an open house. Next, he or she will promote the open house to potential homebuyers and collect feedback from them throughout the event.

After an open house reaches its conclusion, a real estate agent will offer honest, unbiased insights into the event. He or she also will keep you up to date about any potential home offers and ensure you can make informed home selling decisions.

Take the guesswork out of preparing for an open house. Consider the aforementioned factors, and you can get your residence ready for an open house in no time at all.




Categories: Uncategorized  


Posted by Tina Bilazarian, Broker on 3/12/2020

Photo by Acharaporn Kamornboonyarush from Pexels

In a nutshell, if you have owned a home for five years and lived in it for at least two out of five years, or if you’ve owned the house for two years and lived in it the entire time, a single person has a $250,000 tax exemption. If you are married, as a couple, you have a $500,000 exemption. Any gains over those amounts are taxable. You should always discuss the sale of your home with a tax attorney, especially if you used the house for business or rented it out, as you may not be able to take the exemption on homes used for business or as a rental.

Figuring the Tax

Before you can estimate how much tax you might owe, you need to calculate the cost basis for the property. Figure the tax by completing these steps:

Figure the Cost Basis

Add the price you paid for the property to the cost of any significant improvements. Subtract any casualty and theft losses, closing costs you paid when you bought the house and allowable depreciation. You might be able to subtract some closing costs. If you inherited the property, the initial investment is the fair market value on the date of the death of the person who willed the house to you.

For gifted properties, if there is a gain, you use the donor’s adjusted basis in the cost basis equation. If there is a loss, the cost basis is the fair market value on the date you received the property as a gift or the donor’s adjusted basis, whichever is less.

Figure the Capital Gain

Once you have the cost basis, subtract it from the sale price of the house. For example, if you paid $500,000 for your home and you are now selling it for $1,000,000, you have a capital gain of $500,000. If you are single, you will pay tax on $250,000. If you are married, the exclusion is $500,000, which wipes out the $500,000 profit.

Reducing the Tax Owed

You may be able to use the Section 1031 exchange if you are selling a home used for business or that was rented out as long as you buy another house for business or to rent out. The new purchase cannot be for personal use and the exchange must be for “like-kind.”

The regulations for a Section 1031 exchange are limited and may be confusing. Always retain a tax lawyer or accountant to help you with your taxes, especially if you are buying and selling an investment property. If you are selling a million dollar plus home and you use it as your personal residence, you should still contact a tax lawyer. Depending on your finances, the tax lawyer may be able to help you avoid some of the tax.




Categories: Uncategorized  


Posted by Tina Bilazarian, Broker on 3/5/2020


 Photo by rawpixel via Pixabay

Did you know buyers are willing to pay nearly 3.5 percent more for a home that features green or high-performance features? And while that may not sound like a lot, it factors out to be a whopping $8,750 for every $250,000. The key to getting the most for your green upgrades, however, lies in knowing exactly which ones tilt the scale in your favor. Here's a list of best green improvements homeowners should make this year to get the most ROI:

1. Replace Your Front Door

The reasons for replacing a dated and drafty front door are many:

  • It improves your home's energy efficiency.
  • It improves your home's security.
  • It increases your home's curb appeal. 

As far as green upgrades go, a new, Energy-Star Certified door can shave up to 10 percent off your utility bill. And if you opt for steel door replacement, you may see as much as a 101-percent ROI when it comes time to sell

2. Replace Your Garage Door

Replacing your existing garage door with a new garage door can earn you an ROI of up to 97.5 percent, says HomeAdvisor. Opt for one that's energy efficient and features double-layer doors with extra insulation to get the best return on your investment. 

3. Upgrade Your Windows

Energy-efficient replacement windows can net you an ROI of between 77 and 79 percent. And you'll get bonus points for using real wood. Window replacement has all the same benefits of door replacement -- keeping your family cozy and comfortable while lowering the costs of heating and cooling your home. Oh, and they look nice to prospective buyers, too. 

4. Replace Your Roof

If your roof functions well or is relatively new, replacing it won't help your ROI. But if you've spotted the telltale signs of roof failure, such as missing shingles or water stains on your interior ceiling, you'll want to replace that before listing your home for sale. Roof replacement that's both efficient and aesthetic carries an ROI of up to 80 percent. And while your contractor is up there, opt for a roofing material that's going to increase your home's energy efficiency, such as cool metal. Metal reflects the rays of the sun instead of absorbing them, and can increase your home's energy efficiency by leaps and bounds. 

If you're thinking of selling your home in the near future, consider boosting its efficiency before the day. You'll be able to list at a higher price point, and you'll be able to choose from a bigger pool of buyers than comparable homeowners in the area who haven't made the effort. 





Posted by Tina Bilazarian, Broker on 2/27/2020


 Photo by ?????? ???????? on Unsplash

A transitional bathroom is a popular design trend that is a cross between modern and traditional. What are the key features of a transitional bathroom?

  • A combination of two styles: A transitional bathroom can have different meanings to different people. Usually, it is a mixture of a recent era with the current era. It boasts of clean lines, with a warm and comfortable design.

  • Easy to access: A transitional bathroom also refers to a design that gives homeowners safety and accessibility. Grab bars installed near the bathtub or shower are installed as much for style as they are for safety. Handheld shower sprays and bench seats are common additions as well as mirrors and other fixtures placed low for use from a seating position or a wheelchair.

  • Safe but stylish: A transitional bathroom is visually appealing and can make you feel safe and comfortable regardless of your physical ability or age. The grabs bars in a transitional bathroom are decorative and at the same time can prevent a fall. A built-in bench within a shower stall can serve as a seat if you are unable to stand due to injury or a foot prop for shaving your legs. Also, the handheld showers will come handy if you wish to bathe seated, wash your pet, or clean the shower.

  • Sleek design: The sheer beauty of a transitional bathroom is one reason it is so popular. They offer luxurious space where you can relax and unwind without the expense or inconvenience of leaving your home.

  • Storage and workspace: The vanity and cabinets in transitional bathrooms are distinctive. They are free-standing or built-in, with recessed panels and several drawers. The transitional bathroom incorporates painted wood with decorative hardware.

  • Countertops and sinks: In a transitional bathroom, the countertop, sinks, and faucet tend to be granite, marble, quartz, or quartzite. A transitional bathroom uses the newest faucet design trend like motion and touch-control. Popular finishes for transitional bathrooms include matte, polished, and satin.

  • Colors and flooring: Flooring options for transitional bathrooms might be stone tile, ceramic, porcelain, luxury vinyl, marble, or wood. On colors, transitional bathrooms have a light and soft feel: whites, grays, beiges, blues, and silvers are the most common color choices. 

If you looking to incorporate transitional style into your bathroom, contact your local interior designer for more ideas and cost estimates. If you’re looking to sell, ask your realtor if upgrading to a transitional bath is a potential selling point.