hey buyers, what are you waiting for?

If you are a first-time home buyer, this truly is a great time to buy. The combination of historically low interest rates, prices, and government action has created a buying environment like none other. You may already know that the $8,000 tax credit for first-time buyers has been extended into 2010. And now, current homeowners can also qualify for up to a $6,500 tax credit when buying a new home. For an insider view of the housing market in Grand Rapids, and the implications of the expanded American Recovery and Reinvestment Act, download Greenridge Realty's free report, 2010: Year of the Move-up or Downsizing Buyer.

what buyers want

When purchasing a home, buyers have a number of decisions to make - financing options, location, and possibly the most essential, what features the home offers. While certain preferences are related to the buyers age and income, the National Association of Realtors has identified specific features that are desired by buyers of all ages. How do you think your home stacks up?

The most desired feature? Central air conditioning. Across the board, nearly 75% of all buyers ranked this number one. An oversized garage, (with two or more stalls), walk-in closet in the master bedroom, and a backyard or play area also rated as "very important".

Depending on the age of your home and size of your lot, some of these "must haves" may present a challenge for you. But you can turn a potential negative into a positive. For instance, if you have an older home with limited closet space, adding additional racks and shelves helps buyers see that there is indeed ample storage in a small space. If you don't have central air, promote the fact that the purchase price includes all window or wall units.

With the number of homes for sale in the Grand Rapids area, it's important that your home stands out. Anything you can do to accentuate the positive and eliminate the negative will propel you to the front of the pack!

how's your curb appeal?

First impressions really do make a difference. And considering that curb appeal ranks high on a buyer's wish list, it is important to pay close attention to your exterior when you have a home to sell.

To start, walk across the street from your house and take a good, critical look at what you see. What jumps out at you - both good and bad. Is there anything that needs to be fixed, added, or removed? What kind of condition is your front door in? How about the walkway and driveway? Do your outside lights work? As the days get shorter, it is important that buyers can not only see your house, but see where they are going as they explore.

Also at this time of year, be diligent in raking leaves and showcasing your lawn and gardens in the best possible light. Try adding some mums, or other cold-hardy plants around your front door (or any door buyers will use) for instant autumn flair.

Here's an example I like. This entryway is so warm and welcoming with natural textures and a punch of fall color.

Finally, make sure windows and screens are sparkling clean. If possible, remove and store screens. You want to ensure your home shows in the best light - so make sure the light shines in!