Frequently Asked Questions

A COMPARATIVE MARKET ANALYSIS PUTS YOUR HOME SIDE-BYSIDE AGAINST OTHER RECENTLY SOLD PROPERTIES SIMILAR TO YOURS IN LOCATION, SIZE, AND CONDITION. THE STRATEGY HERE IS TO SET UP THE COMPETITION AND NAIL DOWN A PRICE RANGE FROM WHICH YOU CAN ADD OR SUBTRACT VALUE BASED ON YOUR HOME'S UNIQUE POSITIONING, FEATURES, AND UPGRADES.

YOU SHOULD KNOW YOUR TIME FRAME TO MOVE, YOU SHOULD HAVE A BUDGET FOR ANY PRE-LISTING HOME IMPROVEMENTS, YOU SHOULD KNOW THE MINIMUM SALES PRICE THAT YOU ARE WILLING TO ACCEPT, AND YOU SHOULD ALWAYS HAVE A PLAN A AND PLAN B AS TO WHERE YOU WILL MOVE NEXT.

A LISTING AGENT WILL KNOW HOW TO PRICE YOUR HOME COMPETITIVELY SO THAT IT WILL SELL QUICKLY IN ALL TYPES OF MARKETS.  A LISTING AGENT HAS THE EXPERTISE IN READING,  INTERPRETING, AND NEGOTIATING CONTRACTS SPECIFIC TO REAL ESTATE SALES AND TRANSFERS.  A LISTING AGENT WILL ALSO HANDLE SCHEDULE OF SHOWING, COMMUNICATIONS WITH TITLE COMPANIES, INSURANCE COMPANIES, AND LENDERS.  A LISTING AGENT WILL ALSO ENSURE THAT ALL DEADLINES ARE MET AND ASSIST WITH THE ENTIRE PROCESS.

WE WILL HIRE A PROFESSIONAL PHOTOGRAPHER THAT KNOWS EXACTLY HOW TO FEATURE YOUR PROPERTIES BEST QUALTIES, CREATE AN MLS LISTING WITH SYNDICATION TO ADDITIONAL WEBSITES WITH ACESS TO 1000'S OF AGENTS WHO HAVE CLIENTS LOOKING FOR PROPERTIES, AND CREATE CUTOM DESIGNED ONLINE CONTENT TO PROMOTE THE SALE OF YOUR HOME.

IT IS FREE!!!!  THERE IS NO COST TO YOU TO HIRE AND WORK WITH A BUYERS AGENT.

PRICE RANGE, APPROXIMATE SQUARE FOOTAGE, NUMBER OF BEDROOMS, NUMBER OF BATHROOMS, MUST HAVE AMENITIES, AND WHETHER YOU ARE LOOKING FOR SOMETHING MOVE-IN READY OR WILLING TO TAKE ON A FEW PROJECTS ON YOUR OWN

BEFORE YOU HEAD OUT TO LOOK AT HOMES, YOU WILL WANT TO KNOW EXACTLY HOW MUCH HOME YOU CAN AFFORD OR HOW MUCH YOU WANT TO SPEND ON A MONTHLY PAYMENT. THIS DEPENDS ON THE AMOUNT WHAT YOU ARE APPROVED FOR. YOU MAY THINK THAT YOU WANT TO SPEND $400,000 ON A NEW HOME, BUT A LENDER MAY THINK OTHERWISE. YOU MAY ALSO QUALIFY FOR $500,000, BUT NOT WANT TO MAKE THE HIGHER PAYMENT THAT COMES WITH BORROWING MORE MONEY.

A PRE-APPROVAL WILL GIVE YOU YOUR EXACT LOAN TERMS AND WILL BE REQUIRED WHEN MAKING AN OFFER. A PRE-APPROVAL WILL REQUIRE YOU TO COMPLETE A MORTGAGE APPLICATION WHERE THE LENDER WILL CHECK PAPERWORK SUCH AS YOUR W-2, PAYSTUBS, BANK STATEMENTS AND TAX RETURNS. THEY WILL ALSO CHECK YOUR CREDIT AND EMPLOYMENT HISTORY. ALL OF THIS WILL DETERMINE HOW MUCH A BANK WILL APPROVE YOU FOR AND AT WHAT INTEREST RATE.

WHILE 20% DOWN IS IDEAL TO AVOID ANY EXTRA FEES, SUCH AS PRIVATE MORTGAGE INSURANCE AND HIGHER INTEREST RATES, MANY FIRST TIME HOME BUYERS WILL QUALIFY FOR 3.5% DOWN OR EVEN 0% IF YOU QUALIFY FOR A VA OR USDA LOAN.

YOU WILL WANT TO SPEAK TO A MORTGAGE LENDER EARLY ON TO DECIDE WHAT LOAN TYPE YOU SHOULD SAVE FOR. WE ALWAYS SUGGEST TO "SHOP AROUND" FOR A LENDER AS DIFFERENT LENDERS WILL GIVE YOU DIFFERENT RATES AND HAVE DIFFERENT LOAN PRODUCT AVAILABLE.