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Real Estate News With a Gay Slant

Terry’s Blog: Sell Your Home Quickly And Lucratively

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Sell Your Home Quickly And Lucratively

Terry is a gay friendly realtor in Sioux Falls SD.  You may reach him at 605-351-1008 or terry@terrybornitz.com

Terry is a gay friendly realtor in Sioux Falls SD. You may reach him at 605-351-1008 or terry@terrybornitz.com


It takes a very knowledgeable person to sell real estate. A real estate salesperson must know the ins and outs of the real estate market. They must have the fortitude and knowledge to make snap business decisions about what property is marketable. If you would like to sell real estate, then read the following article for advice.

Be careful not to overprice your home. When figuring out an asking price for your home, do not only rely on what other homes are currently priced at. While this is valuable information and should be included, some of these homes may have been on the market and unsold for a long time. Get a listing of homes that have recently sold as well as the ones currently for sale for a more accurate estimate of value.

Staging your house can be one of the most effective tools for selling in a difficult market. Keep your house as neutral as possible, removing personal pictures and painting walls an ivory, light brown, or off white. This allows a potential buyer to picture themselves as the homeowner, rather than you.

When trying to figure out what price to sell your home for, look more at the prices that houses similar to yours sold for rather then houses that are currently on the market. When an appraisal is made for the sale of your home, the mortgage company will only approve a mortgage for the amount of the appraisal, even if both the buyer and seller agreed on a higher amount. Appraisers use previous sales as their guide. By doing this up front, you will keep yourself from having issues during the sale process.

As stated before in the article’s introduction, in order to sell real estate, you must be knowledgeable. Selling real estate requires that you know all about the real estate market and have the ability to make important decisions when buying real estate property. If you use the advice from this article, you can become knowledgeable enough to sell real estate.fbcoverTerryBornitz

Terry’s Blog: Making Wise Decisions About Selling Real Estate Requires Information

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Making Wise Decisions About Selling Real Estate Requires Information

Terry is a gay friendly realtor in Sioux Falls SD.  You may reach him at 605-351-1008 or terry@terrybornitz.com

Terry is a gay friendly realtor in Sioux Falls SD. You may reach him at 605-351-1008 or terry@terrybornitz.com


There are a lot of things you can do in order to improve your chances of selling your property quickly and for a nice profit. Information is power in the real estate industry, and this article will help shed some light on various tips and tactics you can use to make sure that you’re always acting as an empowered seller.

If your home has been on the market for a while, add a new photo of the residence that showcases the current season and weather. An older photo makes it obvious that your home has been listed for a while, making buyers more likely to put in a low offer.

When you’re ready to sell your house, pick an agent who gives you a lower estimate. It may feel like a blow to the gut, but that’s probably closer to a realistic sale price. Of course, you can still start high, but this way you’ll at least know what to expect!

Make sure to create the proper atmosphere for a showing. Turn on all the lights, have some relaxing music playing in the background, and light a few candles to make the home smell nice. You might also want to include a thank you note at one of the last rooms that they would look at. This will help the potential buyer enjoy looking at your home and make the buyer just feel more relaxed.

Preparing the lawn is just as important as preparing the home when you are putting it on the market. Having a patchy lawn that looks uncared for, takes away from the home’s curb appeal. This can also lead potential buyers to think that you have been lazy about the maintenance of the home as a whole.

Nobody in real estate lucks into profits. Everyone attempting to sell any type of property needs to realize that having the right knowledge of the marketplace is the only way to move property efficiently and to profit from it. Use what you’ve just learned in this article when you’re ready to sell your property.fbcoverTerryBornitz

5 Reasons to Sell Now

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Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? Can buyers qualify for a mortgage?  These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are 5 reasons to sell now.

1. DEMAND IS STRONG

There is currently a pent-up demand of purchasers as many home buyers pushed off their search this past winter & early spring because of extreme weather. According to the National Association of Realtors (NAR), the number of buyers in the market, which feel off dramatically in December, January and February, has begun to increase again over the last few months. These buyers are ready, willing and able to buy…and are in the market right now!

2. THERE IS LESS COMPETITION NOW

Housing supply is still under the historical number of 6 months’ supply. This means that, in many markets, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.
There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as prices increased over the last eighteen months. Many of these homes will be coming to the market in the near future. Also, new construction of single-family homes is again beginning to increase. A recent study by HarrisPoll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference).
The choices buyers have will continue to increase over the next few months. Don’t wait until all this other inventory of homes comes to market before you sell.

3. THE PROCESS WILL BE QUICKER

One of the biggest challenges of the 2014 housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. As the market heats up, banks will be inundated with loan inquiries causing closing timelines to lengthen.  Selling now will make theprocess quicker and simpler.

4. THERE WILL NEVER BE A BETTER TIME TO MOVE-UP

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 19% from now to 2018. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate in the low 4’s right now. Rates are projected to be over 5% by the end of next year.

5. IT’S TIME TO MOVE ON WITH YOURLIFE

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?
Only you know the answers to thequestions above. You have the power to take back control of the situation by putting your home on the market and pricing it so it sells. Perhaps, the time has come for you and your family to move on and start living the life you desire.
That is what is truly important.

Sell-your-house-fast-nutley

What Makes a City Gay Friendly?

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San Francisco City HallIn celebration of Pride Month, I’m taking a little excursion around the U.S., breezing through some old and new gay friendly places. This week, a general look-see at the country as a whole and then next, a close-up on our fair state of California. Let’s start with the criteria. What does it mean, exactly, to be gay-friendly?

Good old Wikipedia defines gay-friendly as a term describing places, people or institutions that are open and welcoming to gay people, including all members of the LGBTQ community. Ideally, a gay-friendly place is one that is “supportive of gay people and their relationships, respectful of all, treats all people equally and is non-judgmental.” Who doesn’t love that definition, and the fact it isn’t a universal standard is most perplexing, to say the least.

Anyway, several publications and Web sites have created their own criteria to rate the most gay-friendly places to live in the U.S. and a trip around the Web reveals some interesting measuring tools. Nerd Wallet, for instance, rating the 10 most gay-friendly cities uses three standards: 1) The Human Rights Campaign’s Municipal Equality Index to assess laws affecting LGBT residents vis-a-vis non-discrimination, employment practices, city services etc.; 2) Sheer numbers, i.e. the percentage of same-sex households according to the U.S. Census; 3) Safety criteria evaluated as the number of hate crimes for sexual orientation. Their results utilizing these three criteria are as follows. The most gay-friendly cities in the U.S. are: Palm Springs, San Francisco, Seattle, Long Beach, Cambridge, Mass., Los Angeles, Portland, Ore., Philadelphia, San Diego and finally, New York.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Del Phillips – See the Full Story at LGBT Weekly

Click here for gay realtors, mortgage lenders, and other real estate professionals.

If you have a gay real estate story that you’d like to share with us, contact us at info@gayrealtynetwork.com

Man Mortgages Home to Pay for Larger… Endowment

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PenisSometimes it’s the little things in life that get you down.

An Australian man with a “micro penis” mortgaged his home to come up with the $18,000 to $50,000 it will cost for surgeries to make his member more memorable, Australian 9News.com reports.

The 33-year-old man who is named “Mike” in the report, previously underwent unsuccessful penis extension surgery in 2013 to the tune of $45,000. According to Death and Taxes, Sydney-based reconstructive surgeon Dr. Peter Laniewski said the procedure involved stretching of the ligament, following by months of “scar stretching.” Laniewski says that this will only affect “the flaccid size.”

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

See the Full Story at Edge Boston

Click here for gay realtors, mortgage lenders, and other real estate professionals.

If you have a gay real estate story that you’d like to share with us, contact us at info@gayrealtynetwork.com

Featured Gay Friendly Realtor: Andrew D. Daily, Plymouth, Michigan

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Andrew D. Daily, Gay Real Estate Agent, Plymouth, MichiganPeriodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals.

Providing sellers technologically advanced property marketing services & advanced buyer tools to gain a competitive advantage in home/property purchases.

See Andrew’s Expanded Listing on Gay Realty Network Here

Gay Friendly Realtors and Real Estate Professionals in Michigan

Where is the Minneapolis Gayborhood?

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Minneapolis - Apple Maps

Minneapolis has no gayborhood.

Wait. Why is that a good thing? Because in Minneapolis, every neighborhood is a gayborhood.

Historically, the Gateway District in downtown Minneapolis (near the Gay 90s) was considered the first “gay ghetto.” Loring Park was considered the city’s gayborhood for decades, and Twin Cities Pride is still held there.

In the mid-2000s, there was a rumor that Mayor RT Rybak was looking at Central Avenue in Northeast Minneapolis as a new “gayborhood” as four new LGBT bars sprung up in the area. Many LGBT people call Northeast home with its microbreweries, thriving arts scene, and distinct Eastern European influences.

LGBT families have been lured to North Minneapolis by affordable housing prices and a thriving community has developed there. In 2009, Lavender Magazine labelled North Minneapolis as the city’s best gayborhood.

Minneapolis’ Uptown neighborhood has long been a haven for bohemians, punks, and hippies — and, of course, a large LGBT population.

South Minneapolis has been a great place for LGBT couples and families to buy homes and raise kids.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Andy Birkey – See the Full Story at The Colu.mn

Click here for gay realtors, mortgage lenders, and other real estate professionals in Minnesota.

If you have a gay real estate story that you’d like to share with us, contact us at info@gayrealtynetwork.com

Image via Aople Maps

Terry’s Blog: Thinking Of Selling Your Home? These Tips Can Really Help

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Thinking Of Selling Your Home? These Tips Can Really Help

Terry is a gay friendly realtor in Sioux Falls SD.  You may reach him at 605-351-1008 or terry@terrybornitz.com

Terry is a gay friendly realtor in Sioux Falls SD. You may reach him at 605-351-1008 or terry@terrybornitz.com


When selling real estate there is always a lot going on. There are so many balls to keep in the air that it can be overwhelming, or at least it can seem overwhelming. Here are some great tips that you can use for your next sale to ease the process.

If you find that your house has been on the market for longer than you would like, try to make a few changes that will appeal to the buyer. Consider updating the kitchen appliances, bathroom fixtures, build a fence or light up the outside of the house. These things will add a great appeal to many that are shopping for a new home.

Find out when your home’s buyer needs to close. Learning that they have a particular deadline to finish the deal can give you an advantage during negotiations. On the other hand, try to avoid providing your reasons for selling as it could put you at the disadvantage during the selling process.

You can give your home’s front door a nice outside lift by removing your old house numbers and replacing them with new metal ones. Choose elegant numbers with shiny gold or sophisticated black numbers to represent your address. Display them in a diagonal or horizontal fashion for a dramatic look.

A little effort invested in your home’s landscaping can reap big dividends in the overall value of your property. Lush, verdant greenery is always appealing to potential buyers. A landscaping plan that reflects thought and care will improve your property’s value and encourage potential buyers. By making small but constant improvements to the land around your home you can boost its selling price impressively.

If you dread the sale of your home because of all the work and stress related to it, then hopefully this article has put your mind at ease a bit. The information here has shown you that if you have the right advice, you can sell your home or property without so much stress and hassle.fbcoverTerryBornitz

Terry’s Blog: Excellent Advice About Home Mortgages That You Will Want To Read

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Excellent Advice About Home Mortgages That You Will Want To Read

Terry is a gay friendly realtor in Sioux Falls SD.  You may reach him at 605-351-1008 or terry@terrybornitz.com

Terry is a gay friendly realtor in Sioux Falls SD. You may reach him at 605-351-1008 or terry@terrybornitz.com


It takes dedication to gain the best in life. It is not simple to find a mortgage that fits your budget. You must be well informed and have patience in order to fully know what your options are. Take the helpful tips and use them to guide you along through the mortgage process.

When you get a quote for a home mortgage, make sure that the paperwork does not mention anything about PMI insurance. Sometimes a mortgage requires that you get PMI insurance in order to get a lower rate. However, the cost of the insurance can offset the break you get in the rate. So look over this carefully.

If you are considering quitting your job or accepting employment with a different company, delay the change until after the mortgage process has closed. Your mortgage loan has been approved based on the information originally submitted in your application. Any alteration can force a delay in closing or may even force your lender to overturn the decision to approve your loan.

Work with your bank to become pre-approved. Pre-approval helps give you an understanding of how much home you can really afford. It’ll keep you from wasting time looking at houses that are simply outside of your range. It’ll also protect you from overspending and putting yourself in a position where foreclosure could be in your future.

Check your credit report before applying for a mortgage. With today’s identity theft problems, there is a slight chance that your identity may have been compromised. By pulling a credit report, you can ensure that all of the information is correct. If you notice items on the credit report that are incorrect, seek assistance from a credit bureau.

Since you are undertaking a very important endeavor in your life, you need to fully understand all the tips here before completing the process. This takes time, energy and knowledge. This article can help. Use the principles you’ve gone over here to assist you.fbcoverTerryBornitz

Terry’s Blog: Get The Answers To Your Home Mortgage Questions

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Get The Answers To Your Home Mortgage Questions

Terry is a gay friendly realtor in Sioux Falls SD.  You may reach him at 605-351-1008 or terry@terrybornitz.com

Terry is a gay friendly realtor in Sioux Falls SD. You may reach him at 605-351-1008 or terry@terrybornitz.com


Home mortgages are complicated; most struggle with them simply from lack of knowledge. If you are looking for information on how you can get through the process, the information shared here can help. Continue reading to learn more about finding the ideal mortgage loan.

Check your credit report before applying for a mortgage. With today’s identity theft problems, there is a slight chance that your identity may have been compromised. By pulling a credit report, you can ensure that all of the information is correct. If you notice items on the credit report that are incorrect, seek assistance from a credit bureau.

Before applying for a mortgage, pay down your debts. Lenders use a debt to income ratio to verify that you are able to afford a mortgage. A general rule of thumb is 36 percent of your gross income should be available to pay all of your monthly expenses, including your mortgage payment.

Once you have chosen the right loan for your needs and begun the application process, make sure to get all of the required paperwork in quickly. Ask for deadlines in writing from you lender and submit your financial information on time. Not submitting your paperwork on time may mean the loss of a good interest rate.

When you see a loan with a low rate, be sure that you know how much the fees are. Usually, the lower the interest rate, the higher the points. These are fees that you have to pay out-of-pocket when you close your loan. So, be aware of that so you will not be caught be surprise.

As you just read, it’s normal to feel lost when beginning the mortgage process. It need not be tough as long as you heed great advice. Study the tips you learned here to be prepared as you start the process of obtaining a home mortgage.fbcoverTerryBornitz