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July 22, 2020

10 Steps to Purchasing a Home

What are the Steps to Purchasing a Home

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Buying a home can be a little confusing at first. There's a lot of steps involved and it's important that you don't put the cart before the horse or you could wind up wasting valuable time and energy. Even if you've purchased a home before it can be difficult to remember all the steps; especially if it's been a while. So let me help you win at purchasing a home! Here we go.

Step 1: Call a mortgage lender and get a pre-approval letter to insure what you can afford. This is now a legal requirement before any Agent shows a home and you HAVE to have it present an offer so go ahead and rip the bandaid off. Think about it. Even if it wasn't a legal requirement what if you looked at a home you really liked and found out you couldn't afford it? Or worse yet, lets say you could approve it but there's multiple offers on the table and you can't get pre-approved for up to 48hrs. So the seller accepts another contract because you didn't have a pre-approval letter. Bummer right? So let's get this done. Call me for an honest, reliable mortgage lender.

Step 2: Speak with me, a Realtor, such as myself to get a better idea of what you're looking for and your situation so I can best help.

Step 3: Schedule showings

Step 4: Write up an offer when you find the right home. The fun begins

Step 5: Negotiations. Word to the wise, listen to your Realtor not your opinion or Zestimate from Zillow. An Agent like myself will look up comps to determine if the home is overpriced and what other homes in the area are selling for and what Sellers are giving to buyers in closing costs. If there are multiple offers DO NOT low ball. Expect to go more than asking price; especially if you want closing costs. Your first offer, no matter what in the Greenville market, needs to be strong. Our market is "hot" and there's someone else waiting for your home. Don't let that happen beaus you want to play "games." You'll lose every time!

Step 6: Turn in your ratified contract to lender to start the mortgage lending process. The lending process will be the most stressful part at this time so be weary. But there are some tricks I can tell you to make it a little easier and effluence for you.

Step 8: Order your appraisal with the lender ASAP. 

Step 9: Schedule Home and Termite Inspections unless it's a new home

Step 10: Make a repair request with your Agent. There're only specific items you can ask for that the Seller has to complete so keep that in mind. I can review that with you in more details later.

Step 9: All docs during this time will be coordinated by your Agent

Step 10: If everything goes smoothly you close. Congratulations, you have a new home!!!

 

If you have any questions feel free to call me at 864-430-2451 or visit my website at www.buygreenvilleschomes.com

 

May 22, 2018

What to do when Buying a Home

When Purchasing a Home Make Sure You do the Following

1. Get prequalified:  I know you've probably encountered several agents who ask "Have you been prequalified?" and will not show you a house unless you do so.  The reason behind that is because we, as realtors, don't want to hurt your feelings.  You see, if we look at your dream home and then find out that you can't afford it then no other house will compare. You will constantly be thinking about "I wish I could have bought that house off 25th and 2nd."  So, to avoid disapointment get prequalified.  If you aren't too sure who to go to, give me a call and I'll direct you to someone.

2. Work with a Professional:  I say this because as a Realtor I will help you in taking care of all the paper work, negotiations, coordinating services with inspections (termite, home inspection and appraisal) and the lender and attorney. It's a lot to juggle! If you're doing this on your own without representation and just one of these processes gets placed out of order or delayed it could cost you money, time and legal fee's you didn't expect. And the good news is if you're a buyer you don't pay a Buyer's Agent, like myself. So why would you not use a professional to help you? Trust me, it is worth using a Realtor like myself because I've learned through experience, been taught, and trained to handle these matters quickly and efficiently. Let me help you.

3. Look for a home that fits your lifestyle: As a rule of thumb, you don't want the largest home in the smallest neighborhood, you want the smallest home in the largest neighborhood.  In addition to this make sure that the house fits your lifestyle.  Do you, or will you, travel a lot?  If so, you may want a condominium with lawn maintenance included.  Do you like a challenge?  Then maybe a fixer-upper is for you.  Don't be afraid of upgrading, it can add significant value to your home in the future.  Caution:  Don't personalize too much because it may not be personal to the next  buyer. You want your home to look as "model home like" as possible.

4. Look at the flow:  Before purchasing a home make sure that it fits the traffic in your life.  Do you have parties, get togethers, etc?  Choose the floor plan that works best for you.

May 21, 2018

Increase You Home Value

10 Ways to Boost Your Home's Value

 

  1. Create Space - Knock out a non-structural wall, or even remove that kitchen island. Anything that opens the space and creates a sense of flow in the house. Buyer’s want wide open floor plans right now

  2. Landscape - tend to that much needed garden, trees and shrubs

  3. Let the Light in - The number one item on the 2007 HomeGain survey, lighting—everything from a dimmer switch to the increasingly popular sun tubes—noticeably enhances a home's appeal

  4. Take care of routine maintenance - Insulate the attic, repair plumbing leaks, replace rusty rain gutters, replace or repair leaky windows, install storm doors

  5. Go Green - Research published by The Appraisal Journal estimates that energy savings add 20x’s the annual savings to the value of your property

  6. Make an Entrance - People make up their minds in the first seven seconds of entering a house so make sure the front door area looks appealing

  7. New Floors - Update floors or replace tarnished ones

  8. Bath Upgrades - Replace frosted glass for clear glass, clean the grout, remove rust stains, apply fresh caulk, update hardware and replace faucets

  9. Neutral Wall Colors - Beige, Tans and Grey’s are in

  10. Remove the Questions Marks from Your House -"What's that?" factor is the 1950s wallpaper, a broken front step, cracked threshold, green-and-blue vinyl flooring. Fx it or remove it. 

  11. ***Be Patient***

May 21, 2018

Price Your Home Right

Pricing Your Home Right

 

 

In today’s market it is imperative that you price your house correctly the first time.  If you don’t price your house right the first time you are subject to reducing the price in the future.  This isn’t always a bad thing, however, it can place a stigma on your house when a prospect comes to see it.  For example, the may ask “why did the reduce it?  Is there something wrong with it?  Are they desperate?  Can we ask ever more off the price?”  As you can see the prospect begins to talk themselves into a “lowballing perspective,“  which encourages them to negotiate in the same way.  This is not where you want to be.  Therefore, make sure you try and price it right the first time.  Websites like trulia do NOT present a reliable market value for your home.  So, do yourself a favor and have a Realtor do this for you or use and appraiser.  

Price your home by:

  1. Compare your house to similar houses in your neighborhood. If you don’t live in a neighborhood, find homes within your zip code.
  2. Only use comparisons that have similar square footage, floor layout, fences, pools, garages, acreage, etc.
  3. Use your county tax assessor to look at similar houses (these are not always the best comparisons) http://www.greenvillecounty.org/vrealpr24/clrealprop.asp 
  4. Consult a professional like myself
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates