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5 Smart Home Buying Tips!

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Five Smart Home Buying Tips!

1. Buy a house priced no more than 2.5 times your annual salary. This is a realistic guideline to ensure that you are not overextending yourself on your mortgage.

2. Buy a house in an excellent school district, even if you don’t have children. This will increase your resale value, as many home buyers do have children.

3. Before you buy, hire your own home inspector to detect any potential problems. This report could be a negotiating factor on the price of the house.

4. Getting a pre-approval on a mortgage will give you more negotiating power with the seller, as you are a “sure thing” and not a gamble.

5. Get a realistic view of the neighborhood before you buy. Drive from your potential home to work and shops during the appropriate times to evaluate traffic.

7 Reasons To Use A Real Estate Agent!

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7 Reasons Quick Pic.

 

Our Take On 7 Reasons To Use a Real Estate Agent!

 

Tip #1: List At The Right Place – Reasons To Use

A Real Estate Agent

Realtors understand the market better and can typically list the house at the correct price.  This gives home owners an advantage over listing the property themselves.  Zillow and other methods of getting a home estimate online are rarely accurate. In Kansas City, a Zillow estimate is only correct 10% of the time. Realtors insure better pricing.

 

Tip #2: Better Home Presentations – Reasons To Use A Real Estate Agent

Presenting a home matters now more than ever.  Realtors make sure that these presentations go smoothly. They also have tons of experience in staging homes. In today’s market, it really matters how a home is presented.

 

Tip #3: Get More Buyer Exposure – Reasons To Use A Real Estate Agent

Buyers often contact a real estate agent before looking at properties. This means there are many buyers in every market that will only be looking at homes listed by an agent. Your home will get more showings and offers by listing with an agent. Agents are crucial to accessing these buyers who are shopping with other agents.

 

Tip #4: Higher Offers From Buyers – Reasons To Use A Real Estate Agent

Higher offers come in when you list with an agent. An agent help to make sure your property is seen by more people. They also make sure that all aspects of the buying process is handled in a professional manner. Having an experienced real estate agent can dramatically impact the offers you receive from buyers.

 

Tip #5: Negotiates Inspection Results – Reasons To Use A Real Estate Agent

Inspections can impact the sale of your house. Having a real estate agent gives you an expert in your corner as you handle this aspect of the sale.

 

Tip #6: Speeds Up Time To Close – Reasons To Use A Real Estate Agent

There is a lot of paperwork that has to transpire throughout the closing process. An agent handles all this paperwork daily so they know how to speed up the process.

 

Tip #7: Home Sells At Top Value – Reasons To Use A Real Estate Agent

Ultimately, you can sell your home for more money when you list with an agent! If you liked these ideas, you’ll love this. We’ve compile a list of 200 Real Estate Marketing ideas. These ideas are a great way to stay ahead of the competition.

First-Time Home Buyers Are Waiting Longer to Purchase

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According to an article published by CNBC on August 17, 2015, first-time home buyers are waiting longer than ever before to purchase their first home. Based off of new analysis from the real estate firm, Zillow, the average first-time home buyer is renting for 6 years, which is more than doubled from previously 2.6 years in the 1970s. A generation ago, the average age of a first-time home buyer was 30 and is now up to 33 years of age.

Experts say that the wait is due to financial challenges and that for renters, saving money for a down payment is a barrier.  Most first-time home buyers are relying on person savings for part of their down payments, but with the increase of rental prices it’s making it more difficult to put money aside for savings. Nationwide, rental prices have increased about twice the pace of average hourly wage growth. An astounding 46 percent of rents, ages 24 to 34, are spending upwards of 30 percent of their incomes on rent, according to a report by Harvard University’s Joint Center of Housing Studies.

Housing specialists note that surveys still show a strong interest to buy among the young Americans, but that their timelines for purchasing depend on achieving more stability in their careers. It appears that job security is a vast factor according to a study by The Money Source. After examining over five thousand home buyer applications, the buyers averaged about 4.5 years in their field of work and help their current job for at least three years. The outcomes of the study prove how acute job stability has become for a generation that entered the workforce during the Great Recession and its slow-growth recovery.

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130 N. Belair Rd
Evans, GA 30809

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