Stay tuned for more tips and insights!
1. Having a buyer's agent is FREE to the buyer. Some people think they can save money by not using a buyer's agent. In most cases, this is simply not true; and in fact, it is usually just the opposite. In residential real estate, the commission is usually paid by the seller whether or not a buyer's agent is involved. Where else can you employ the services and receive the benefits of a trained and experience professional on your side for free! Read entire article..
What is the difference between a Pre-Approval and a Pre-Qualification Letter for a Purchase of Sale Agreement?
The estimation of your borrowing power from a lender can be accomplished with a simple phone call.
The pre-qualification is based on:
1. Income and debt levels that you provide to a lender.
2. Possibly (but not always) a credit check.
A pre-qualification is a determination on whether the prospective loan applicant would likely qualify for credit under a lender's programs and standards, or a determination on the amount of credit the prospective applicant would likely qualify. Read entire article..
Insight into Jacksonville, FL Real Estate
by Ron Schiappa, PA
Home values tend to adjust constantly in a local market due to many factors. Failing to correctly gauge a market’s direction can lead to incorrectly assessing a home’s current value. This can lead to selling a home for less than market value or overpricing it, leading to languishing on instead of selling. Knowledge of your neighborhood, not just a zip code or general area, is crucial when selling a home. This is why I take the time to deliver real time activity information about what is most important to you; what is taking place right next door. I do this for a few reasons. Read entire article..
This month's Newsletter has a whopping 21 tips to guide you easily thru the process!
Lesson #1: Always use a Buyer’s agent. The seller pays his/her commission.
Lesson #2: Decide location versus space before searching for a home.
Lesson #3: Don’t commit before you’re ready.
Lesson #4: Sweat equity can save thousands.
Lesson #5: Save, as a down payment is never a bad investment. Read entire article..
In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.
Here are five of those reasons: Read entire article...
This month’s Newsletter will detail what you can expect when considering your options.
When you are making considerations about selling your house there are a few defining questions to ask yourself before you put up the for sale sign. One of the questions to ask yourself is whether you should make repairs to your home or whether to sell your home “as is”. This is a very important question to consider because the buyers will be different, your marketing strategy will be different, and the prices that you will be able to command will also not be the same. Read entire article..
This issue tells all from an insiders view.
1: Pricing it right:
Find out what your home is worth, then shave 10 to 15 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price over what it’s worth. It takes real courage and most sellers just don’t want to risk it, but it’s the single best strategy to sell a home in today’s market. Read entire article...
When it comes to a real estate transaction, whether you're a buyer or a seller, everything is negotiable. For many couples and individuals, a house or property will likely be the largest asset they ever own, which is why when it comes to the actual transaction, negotiating is incredibly important. Negotiating in real estate is more than just deciding on the sale price of a property or who will cover closing costs, and some negotiations will probably happen after the sale agreement is signed. Every aspect of a property can be negotiated, and it will be important to come to the negotiation table ready for anything. Read entire article