Naveen Vadlamudi's blog

Do you have a Rental House (or) Rental Unit for Rent?  Here is the information need to know. 

From starting April 30th, 2018.  Landlords of most private residential rental units (from individual landlords to property management companies) must use the standard lease template for all new leases. 

What is the purpose of the standard lease? 

The Standard Lease uses easy-to-understand language to help landlords

And Tenant's better understand their rights and responsibilities. It will also reduce illegal terms in leases and misunderstandings caused by verbal tenancy agreements,...

Many seniors are reaching the stage in their lives when they are choosing to downsize their homes for lifestyle or financial reasons. Other seniors are faced with a more difficult decision. Health and/or mobility concerns may require them to either retrofit their existing home to meet their changing needs, or to seek a more accommodating home.
 
 

The decision can be difficult because many simply don’t want to move. In such cases, especially if mobility challenges are arising, wheelchair accessibility may be necessary, not just at the home’s entrance, but under counters, in bathrooms, and...

When you walk into a nice hotel room, what do you usually notice first? It may be the large, often beautiful picture hanging above the bed. You’ll probably find a smaller, equally attractive picture hanging in the bathroom. Often there will be at least two more adorning other walls.
 

Most real estate experts agree that being too emotionally attached to your home can lead to poor decision making, such as over-pricing the listing and making hasty choices based on feelings rather than facts.
 

Ideally, you want to be the only buyer who makes an offer on a particular property. That way, assuming your price is acceptable to the seller, you’re almost certain to close the deal.

But, it doesn’t always work out that way. In the case of highly desirable homes, it’s very common for there to be competing offers.

So, what do you do if there’s a competing offer on a home you really want?

First, don’t panic. Just because there are other buyers interested in the property doesn’t mean you won’t get it. There are many factors that influence a seller’s decision to choose one offer over...

There are several reasons why you may need to sell your home quickly. For example, a job change may require a speedy relocation to another city, or you may have purchased another property and don’t want to be stuck too long with two mortgages.
 

Here are some tips that can help get the sold sign on your front lawn sooner:

•       Be realistic with price. If you set the listing price higher than the current market value of your home, then you’re not going to get many, if any, viewers. You want the list price to be attractive, which means listing at the current market value.
•       Get things...

When you’re viewing a property that’s on the market, you’ll probably try to imagine how your furniture will fit and look in that space. Where will your desk go in the home office? How will you position the sofa and chairs in the living room?

First, it’s often larger furniture that creates the most concern. Make sure you have those measurements on hand when viewing a property. That way, you can use a measuring tape to get a clear idea of how that particular piece of furniture will fit in the room.

Second, there are many online tools you can use to plan and position furniture for a...

You’ve probably heard the expression, “You don’t get a second chance to make a first impression.” When it comes to selling your home, that is definitely true. In fact, a buyer will come to several conclusions about your property within the first few minutes of seeing it. That’s why it’s so important to make a good first impression.
 

How do you do that?

 One of the best techniques is to pretend you’re a buyer. Drive up to your home. Open the door. Step into the foyer. Take a quick look around. Then ask yourself, “What impressions am I getting from this property so far? What stands out?...