Where Should I look for Financing for my home?

Shop… Shop… Shop… Intrest Rates are very competitive be sure to check with banks, financial institutions, and even the internet.The rates are the lowest in 41 years.

Is it better to list your home slightly above, below, or right at the expected sale price?

It is better to list your home right at the price level you expect to receive. Pricing too low will short-change you and pricing it too high could lengthen the time it takes to sell.

How do you determine a listing price?

The value of any property is the amount an informed buyer will pay for it. The amount the buyers will pay can be determined by comparing sale prices of similar properties and understanding market conditions: A. Use “comparables”:sale prices of homes in your neighborhood comparable to your own B.Find out whether it’s a buyer’s or seller’s market C. Check the amount of time it has taken to sell homes similar to yours in the same price range

What is a home inspection?

There are numerous types of inspections. An inspection is meant to evaluate, at minimum, the structural and mechanical condition of a property. It is not the same as an appraisal which evaluates the market value of a property. Those involved in real estate transactions need unbiased information about the physical condition of property they plan to buy or sell and your contract should include a contingency that you obtain a satisfactory inspection report. Talk with your agent about the types of inspections available.

Is it better to find a new house before listing your old one for sale?

No. It is better to list your home for sale first. It is not a good idea to put yourself in a must-sell posture, which is what would happen if you committed yourself to a new home before your old one is sold.

What is Title Insurance and why do I need it?

Basically, title insurance assures that you have clear title to the home you’re purchasing. A title search is the primary component of “due diligence,” a process that will be started either by your attorney, if you are using one, or by the title company you choose. The title search determines whether the seller actually owns the property and if there are any claims against it.

To Build Or Buy?

Owning your own home is the epitome of the American Dream. Most homeowners start out buying an older “starter home”, then graduate up the residential scale with eventually building their own home being the ultimate dream. Unless you have a burning desire to build a brand new home, you may wish to consider buying a home that is just a few years old. You will still get many of the benefits of new construction: newer floor plans, newer floor covering styles, more opulent baths, high ceilings and energy efficiency.

Can I afford a new home?

The Investment in a new home can be quite high. and can include other cost such as appliances, furnishings, and maintenance. You will want to add your own touches to your new home. Purchasing a new home is one of the single most important investments you will make. Your agent can advice you each step of the way.

Is now the time to buy?

The market may never be better than it is right now. It can go up and down depending on the area. Your agent may be able to advice you regarding the market in your area.