Olear Team

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Neighborhood Absorption Rate: A Must-Know if You’re Selling Your Home

When selling your home, it’s crucial to consider various factors, and one term you might not be familiar with is the “absorption rate.” Understanding this rate for your property before listing is essential, and here’s why. According to the National Association of Realtors (NAR), a balanced market, where supply meets demand, typically has a six-month […]

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Sewer-Related Inspection Required in the Town of Amherst, NY

It’s important for residents of the Town of Amherst who are considering selling or downsizing their homes to be aware of a new code related to sewer use. On June 19, the Amherst Town Board passed an amendment to its local sewer use law, requiring a time-of-sale inspection for residential properties constructed before 1975 within

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What Happens When an Executor Doesn’t Distribute an Estate

If an executor fails to distribute the estate as required, it can create frustration and concern among the beneficiaries. Here are some steps and considerations to keep in mind if you find yourself in a situation where the executor is not fulfilling their duties: Communicate Clearly: Initiate communication with the executor and express your concerns

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Choosing an Executor: What You Need to Know

Appointing an executor of an estate is a crucial decision in the estate planning process, and it involves selecting an individual to carry out the responsibilities outlined in the last will and testament. Here are key points regarding the responsibilities and considerations when appointing an executor: Responsibilities of an Executor: The executor is tasked with

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Homebuying Programs for Senior Citizens

Senior citizens may apply for mortgages for various reasons, and there are specific considerations and programs tailored to their needs. Here are key points related to senior citizen homebuying programs: Diverse Reasons for Applying: Seniors may seek mortgages for downsizing to homes in senior communities, relocating closer to friends or family, or even for investment

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Key Home Features Millennials Look For in the Real Estate Market

As the largest segment of home buyers, millennials significantly influence real estate trends and demand, making it essential to understand their preferences. Here are key aspects that millennials are searching for in a home: 1. Open Floor Plans: Millennials, representing the largest buyer segment, seek homes with open floor plans to maximize space, especially in

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Selling the Family Home: How to Talk to Your Parents About the Next Step

Having a conversation about moving from a long-time family home can be sensitive, but it’s an important discussion to have as parents or loved ones age. Here are some considerations and tips for approaching this conversation: Start Early: It’s ideal to start the conversation early, before health issues or safety concerns become critical. This allows

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Effective Tips for Selling Your Home Quickly

Selling a house quickly involves strategic planning and effective marketing. Here are some detailed suggestions to help sell your house fast: Preparing Your Home: Declutter: Remove unnecessary items and consider renting a storage unit for temporary storage. Staging: Ask your realtor for help with staging or hire a professional stager. High-quality photos are essential for

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