Thiago Fornazier - 8z Real Estate

Thiago Fornazier - 8z Real Estate My passion for helping others sets the stage to ensure my clients will clearly understand every step of their Real Estate Transaction.

How do you know it's the right time to move on?Spending many hours with sellers over the years, I’ve learned the telltal...
03/28/2024

How do you know it's the right time to move on?

Spending many hours with sellers over the years, I’ve learned the telltale signs that it’s time for a change.

Here are a few questions to help you determine where you stand 👇

1️⃣ Has my home started to feel either too spacious or too snug? It's like a little kid outgrowing their favorite outfit – your needs might have outgrown your home.

2️⃣ How is my home equity? If it's standing strong, selling now could open the doors to a handsome profit, providing a solid foundation for your next purchase.

3️⃣ Is home maintenance starting to resemble a never-ending marathon I didn't sign up for? If the chores outweigh the joys, it might be time to find a home that demands less of your attention.

4️⃣ Have I recently been through a major life event? Many times it's one of the 'Five D's' - Be it diplomas, diapers, diamonds, divorce, or death, these major life shifts often call for a change in address.

If these questions have put your mind in motion, don't hesitate to reach out. I'm here to help you figure out your next move!

We typically think home buying is all about square footage and bed/bath count...And it is certainly a starting point! Bu...
03/26/2024

We typically think home buying is all about square footage and bed/bath count...

And it is certainly a starting point! But these days, I’m hearing from buyers who are in search of a few extras.

✔️ Home Office Spaces: The percentage of U.S. companies offering flexibility increased from 51% at the start of 2023 to 62% around November. With remote work still going strong, a dedicated (and quiet!) workspace is a must for many.

✔️ Outdoor escapes: Private yards, access to parks and trails, or even balconies for apartment dwellers are in high demand.

✔️ Energy efficient upgrades: Lower utility bills *and* kinder to the environment - sign buyers up! Energy-star appliances, solar panels, and high-efficiency windows are increasingly sought-after features.

✔️ Move-in ready condition: Minimizing upkeep and maintenance is a big plus — especially for younger families and empty nest buyers.

✔️ Open layout: No matter what they say, buyers still love those open floor plans with easy flow from kitchen to living rooms.

If you're thinking about selling, send me a message. I can help match your home's features to the wants of my buyers!

What's the secret to get the most offers on your home?List just below the market. In my experience, pricing too high can...
03/21/2024

What's the secret to get the most offers on your home?

List just below the market.

In my experience, pricing too high can dissuade potential buyers, but pricing just below the market value? It generates the buzz we’re looking for.

Buyers are drawn to what they see as a deal, leading to a spike in interest and oftentimes a bidding war.

But there's more...

Pricing is one key component of a larger strategy to garner interest and receive strong offers from multiple contenders.

In reality, many integral puzzle pieces come together to get your home sold for top dollar.

If you've been thinking about selling and would like to start making a gameplan, shoot me a message!

Don’t leave money on the table…Besides price, here’s what else should be on the table when making your life’s biggest pu...
03/19/2024

Don’t leave money on the table…

Besides price, here’s what else should be on the table when making your life’s biggest purchase...

💸 Closing Costs
Buyers and sellers can play around with closing cost credits. You can negotiate credits to help cover those loan-related expenses.

📉 Rate Buy-Downs
Looking for a lower interest rate? You can ask the seller to pay for points to "buy down" your rate.

🛠️ Home Repairs and Credits
Inspection issues? You can negotiate for the seller to make repairs or offer a credit toward your closing costs.

🏡 Contingencies
Need to sell your current home first? Ask for a sale contingency. Need a specific closing date? We'll put that in the offer, too.

💰 Leasebacks
Not ready to move yet? Request a lease-back agreement (where the seller pays you rent while they continue to live in your new house after closing).

📃 Warranties
We can negotiate with the seller to include a home warranty policy to cover potential repair costs during your first year as the owner. (This is common in new construction homes).

Ready to find your next home and put my negotiation skills to work? Shoot me a message!

Check out your monthly market stats from the Denver Metro. If you'd like to learn more about your specific neighborhood,...
03/14/2024

Check out your monthly market stats from the Denver Metro. If you'd like to learn more about your specific neighborhood, shoot me a message!

Beyond your curb appeal, interior updates, and professional photography, there's one thing you need to make sure you do ...
03/12/2024

Beyond your curb appeal, interior updates, and professional photography, there's one thing you need to make sure you do before listing your home on the market...

Check out our March Newsletter to learn more 👉 8z.com/newsletters 🔗

"That's a write off!"It's a phrase I commonly hear thrown around. But, not so fast... it turns out not all home improvem...
03/07/2024

"That's a write off!"

It's a phrase I commonly hear thrown around. But, not so fast... it turns out not all home improvements are treated equally from a tax perspective.

Let's break it down:

1️⃣ Home Office Deduction:
To claim a deduction, you must have a dedicated and exclusive workspace. Using your dining table unfortunately doesn’t qualify here.

2️⃣ Rental Properties:
When updating rental properties, you won’t be able to deduct the renovation costs. But, expenses like mortgage interest, property tax, operating costs, depreciation, and repairs are usually eligible deductions to take. Keep a running tally of these expenses.

3️⃣ Residential Medical Upgrades:
Expenses related to improving medical accessibility are deductible. This includes constructing entrance or exit ramps, widening doorways, installing railings or support bars, and making bathroom modifications.

4️⃣ Energy-Efficient Improvements:
Consider energy-efficient upgrades. Things like installing solar panels, solar water heaters, small wind energy turbines, geothermal heat pumps, fuel cells, and biomass fuel stoves qualify for various tax benefits.

5️⃣ Home Sellers Deduction:
If you make improvements to your home before selling it, they can increase your home's basis (purchase price + improvements), reducing capital gains and, in turn, lowering the taxes you'll owe. Keep a running spreadsheet of those improvements!

Make sure to collaborate with a tax pro to maximize your deductions.

If you want your home to stand out, the little things *are actually the BIG things.*Beyond professional photos & videos,...
03/05/2024

If you want your home to stand out, the little things *are actually the BIG things.*

Beyond professional photos & videos, staging and pricing your home right, here are some other items to check off your list:

✨ Home Prep Walkthrough
During this time, we’ll cover your home from top to bottom. This could look like repairing a leaky faucet, removing window treatments, or changing from cool to warmer lightbulbs.

✨ De-personalize
Sellers have the most success when their home is a clean slate. Less is more here!
Stow away any personal items, pet toys, mail & documents. Pretend you are seeing your own house for the first time.

✨ Showing ready
Your listing is live and it’s show time! Closing toilet seats, opening blinds to bring in natural light, sweeping off the front porch, cleaning windows - all little tweaks that will elevate your space!

If you want some more tips on prepping your home before you go to market, shoot me a message!

Before you reach for that sledgehammer...Let's talk about these tried and true, budget-friendly kitchen reno tips:👉 Don'...
02/29/2024

Before you reach for that sledgehammer...

Let's talk about these tried and true, budget-friendly kitchen reno tips:

👉 Don't ditch those cabinets! Painting or refacing can save you thousands compared to a full replacement.

👉 Elevate your walls with high-quality paint for a room transformation that won't break the bank.

👉 If your current kitchen layout works, stick with it to avoid pricey plumbing and electrical changes.

👉 Instead of hardwoods, consider copycat luxury vinyl for flooring that's durable, stylish, and wallet-friendly.

What are some affordable upgrades you’ve made to your kitchen? Comment below!

This proven pricing strategy might just surprise you…Instead of aiming for the highest listing price, consider setting i...
02/27/2024

This proven pricing strategy might just surprise you…

Instead of aiming for the highest listing price, consider setting it slightly lower than the market suggests. Why? Because it can create a buzz around your property, drawing in multiple offers and creating a competitive atmosphere.

And here's the kicker: When buyers sense that they might miss out on a great deal, they often push the final sale price above the initial listing. That means you could end up with more money in your pocket than you expected!

One more thing: Not only does this strategy help you get the best possible price in the current market, it means the property will sell quicker. This strategy leverages buyer competition and urgency to your advantage.

Curious to learn more about this strategy and other tips for a successful sale? Send me a message, I’d love to have a conversation with you!

The spring market is quickly approaching, and some areas are already experiencing the fast-paced activity that usually s...
02/20/2024

The spring market is quickly approaching, and some areas are already experiencing the fast-paced activity that usually starts in March or April.

The change in seasons will bring a higher level of demand which means more competition, and fewer concessions from sellers. See the potential impact of waiting to buy in the spring versus today in our February Newsletter 👉 8z.com/newsletters 🔗

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2809 Larimer Street
Denver, CO
80205

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