With Me, You'll Get Results
Home is where the heart is and I will help you find a place to feel at home. Whether you are buying, selling or renting, you've come to the right place. It's not effortless in today’s market, but transactions do happen. Even the most desirable homes need an expert behind the deal. The right agent can make the selling and buying process as painless as possible. Providing you a first-class experience is my goal during every real estate transaction. You'll get the results you want with buying ,selling or renting with me as your real estate professional. I can help you make the decision that gets the results you want.
Why you should choose me to be your Buyer's AgentFor most families, choosing a new home is the biggest financial decision they will ever make. There are many complicated decisions involved in choosing your new home. To protect your interests and assure that you make the best possible decisions, it's important that you have an agent on your side who is an expert in the local real estate market.
As your agent, my focus is on getting you the best possible home at the best possible price. I will work hard not only in finding you potential new homes to see, but also in keeping you informed of everything that takes place. As your agent and an expert in the local market, I'll negotiate the best prices and terms for you and answer all of your questions as they arise. I'll be representing you, not the seller. This assures that my experience and expertise in the local market will be used in your best interests during the negotiation process. Check off these 6 items before Buying
1 - Strengthen your credit score
One old rule still applies: The higher your credit score, the lower your monthly payments. Below 660 or 680, you're either going to have to pay sizable fees or a higher down payment. On the other end, a score of 700 to 720 will get you a good deal and a 750 and higher will garner the best rates on the market. 2 - Figure out what you can afford There are various rules of thumb that will help you get an idea of how much home you can afford. If you're using FHA financing, as almost one-fifth of buyers get FHA-insured loans, your home payment can't exceed 31% of your monthly income. But with some mitigating factors, the FHA will let you go higher. For conventional loans, a safe formula is that home expenses should not exceed 28% of your gross monthly income 3 - Save for down payment, closing costs Depending on your credit and financing, you'll typically need to save enough money for a down payment, somewhere between 3% and 20% of the home's price. One exception are Veterans Affairs loans, which require no down payment. Another cash expense is closing costs. Whatever your loan source, you'll also need money to pay closing costs. For a $200,000 mortgage, closing costs run (depending on where you live) from $2,300 to $4,000. 4 - Build a healthy savings account Building your savings is something you should do over and above saving money for the down payment and closing. Your lender wants to see that you're not living paycheck to paycheck. If you have 3 to 5 months' worth of mortgage payments set aside, that makes you a much better loan candidate. And some lenders and backers, like the FHA, will give you a little more latitude on other factors if they see that you have a cash cushion. 5 - Get preapproved for a mortgage Before the real home shopping begins, you want to get financing in place. The preapproval process is much more extensive than it was a few years ago. That documentation around income and assets is very essential. 6 - Buy a house you like If you're buying today for yourself and your family, you want a home that will make you happy for many years. |
Reasons why homes don’t sellYour price is too high
No doubt about it, the most common reason for a home not selling is that the asking price has been set too high. The reasons for setting your price too high to begin with are many. Ranging from over enthusiastic listing agents to unrealistic seller expectations. Regardless of the reason though, if you’ve priced your home too high, you’ve set yourself up for a number of obstacles to selling your home. Even if you do get an offer for the overly high asking price, the deal may fall apart before closing because the buyer may have problems financing at too high a price. Look at other homes for sale, ones as similar and as close to yours as possible. If they are going for less than you are asking, you may be priced too high. The fact is, your home is competing against those other homes, and what buyers are willing to pay is what will determine final sales prices. The condition of your home There is a lot of competition out there to sell homes. Your home has to compete against other similar homes for sale, as well as competing against shiny brand new homes. The more you can do to make your home look appealing to a buyer, the better your chances for a quick sale. Look at your home with a critical eye – put yourself in the buyers position. A buyer doesn’t want to have to do anything except move in. Your best “bang for the buck” in improving the condition of your home are paint and flooring. Make sure that all of the paint is in great condition, both inside and out. Repainting doesn’t cost too much, and will usually make the biggest impact on buyers. Make sure all of the flooring looks good too. You may want to consider putting in new carpet. Again, it’s not that expensive but it sure does make an impact on buyers coming to look at your home. The market is slow You’ll hear it described as a slow market, or a buyers market, or maybe a cold market. But it all means the same thing. That home sales in the local area, or market, are slow. That there are too many homes for sale and not enough active buyers. There are several things you can do to combat a slow market. The most effective strategy is to sell at a lower price. Buyers are expecting to find bargains during a slow market. You can also help yourself by offering to pay some concessions to help a buyer that might not have a lot of cash. The ultimate way to beat a slow market is to simply wait it out. But that’s not always an option for many sellers. |