Here is a collection of Frequently Asked Questions that I have put together to help you in buying or selling a home. If you have any other questions, not listed here, feel free to contact me.
Do I need an agent if I buy new construction?
When buying real estate, you may find it beneficial to have a real estate agent represent you. It is important for you to know whether an agent is working for you as your Buyer's agent or simply working with you while acting as an agent of the other party. My many years of experience with new construction can benefit you in representing you as your Buyer's agent.
Do I need to have the home I buy inspected?
Having your future home inspected by a licensed inspector sets the record straight on what you are buying -- What is normal wear and tear, what is minor, what is major, what is maintenance, what needs repair? I can recommend Home Inspectors that are licensed and qualified to give the home an evaluation from top to bottom.
How important is a Home Warranty and how can I get one?
Knowing that you are protected against unexpected repair or replacement costs can give you peace of mind. A home warranty can protect you from the high cost of a home repair within the first year in your new home. If the seller is not providing one, a request that they do so can be incorporated into the terms of the offer. I have access to several Home Warranty Programs for your review.
Why should I use a real estate agent?
A real estate agent is more than just a sales person. A real estate agent may act on your behalf, providing you with advice and guidance when buying or selling a home. Due to the constant changing of the market, the information available on listings is not always 100% accurate. There are times when you need the most current information about what has sold or is for sale, and the only way to get that is with a real estate agent.
If you are in the market to buy, it would be advisable to use a Buyer's Agent. They can make recommendations on what terms and price to offer as well as negotiating a deal with your best interest in mind.
How should I price my home?
You must take into account the prevailing state of the real estate market and especially local market conditions. The real estate market continually changes, and market fluctuations affect property values. So it is critical to determine your listing price based on the most recent comparable sales in your neighborhood.
It would be a good idea to get a Home Value Request, or CMA, also known as Comparable Market Analysis.
Should I ask a higher price than Fair Market value?
A new listing should be correctly priced on the first day. A brand new listing is shown more, and generally sells for a higher price than older listings. A property attracts the most excitement and interest from the real estate community and potential buyers from the very beginning. Don't miss your prime marketing period by setting a price higher than justified by the CMA. You risk the possibility of selling it for even less later.
What do I need to do around my house before I put it on the market?
In order to sell your house at the best possible price, in the least amount of time, your house needs to be staged to appeal to the most buyers possible. It doesn't need to be an expensive or overly time-consuming process. I am very experienced at looking at a house through a buyer's eyes, and I can make suggestions that will guarantee results!
What is a CMA?
A Comparative Market Analysis uses recently sold properties in your neighborhood that closely match your property's characteristics to determine a Fair Market Value, which will help you decide the proper Listing Price for your home. I can provide you with a written CMA using detailed information on the most comparable recent sales in your area.