Here are the top 5
reasons an owner occupied home will benefit from staging by getting a higher offer and a quicker sale.
Not exact matches
The lowest interest rates in the history of capitalism have done nothing to alter the decade - long decline in
owner -
occupied housing, so we have no
reason to believe that even lower rates will alter this trend.
Insurers figure that covering a rental unit is riskier than covering an
owner -
occupied home for a variety of
reasons.
The
reason for this is that as single - family homes age, they are more likely to transition from the
owner -
occupied to the rental housing stock.
Specifically for that
reason, the full article on which the blog post is based (http://www.nahb.org/generic.aspx?sectionID=734&genericContentID=176691&channelID=311) provides a table with all 384 metro areas listed alphabetically, and for each shows • population • #
owner -
occupied units • home - ownership rate • homeowner vacancy rate • % single - family detached • median home value • median income of home
owners • increase in
owner -
occupied units • % built recently The table also shows where a metro ranks according to each one of these measures.
One
reason Louisiana has such low property taxes for homeowners is the state's generous homestead exemption, which reduces the taxable value of
owner -
occupied properties by $ 7,500 in assessed value.
Since you are going to be an
owner occupied Buyer for your first one, there is absolutely NO
reason why you shouldn't take advantage of anything and everything you can to put you ahead for the next one.
With today's tools, there's no
reason for any buyer, or real estate agent helping a buyer, to get surprised by a credit turn - down when applying for a mortgage to buy an
owner -
occupied home.
Part of the
reason taxes are so low is that
owner -
occupied residences get the benefit of a lower assessment rate than commercial and second residences.
5
Reasons why an
Owner Occupied Home can benefit with Home Staging.