Can I sell my house with open permits or violations?
Of course. We will sell it using an As-Is contract.
Can I sell my house and purchase a new one simultaneously?
Definitely. The offer we write for your home purchase will include the wording "contingent on the sale of property _______."
What steps should I take to prepare my home for sale?
You don't need to make any major investments like remodeling the kitchen, etc. There are several minimal adjustments that will render big results, such as: removing and keeping clutter at a minimum, freshly painting rooms, and ensuring odors are non-existent. These are just a handful of things that can be done before listing your home for sale.
How do you determine how much my home is worth?
There are a handful of methods that Realtors use to determine the value of a home. The most common method to determining the value of a home is by completing a comparative market analysis. A comparative market analysis is an in-depth evaluation of recently sold “comparable” homes in the past 6-12 months. A comparative market analysis, also known as a “CMA,” isn’t a crystal ball that determines what a home will sell for, however, if performed by a top Realtor, it should greatly narrow the sale price range.
A professionally completed “CMA” will take into account many features of not only a home, but also the local area and neighborhood. Considerations that a professionally completed “CMA” include, but is not limited too:
Number of bedrooms
Number of bathrooms
Upgrades to kitchen
Location; primary or neighborhood street?
Style of residence
What is the lowest down payment I can make on a purchase?
3.5% - Everybody is allowed one FHA loan up to $345,000.
Do I need a Realtor to purchase a home?
There are many reasons why you should have a Realtor represent your best interests when buying a home. Keep in mind, as the buyer our services are at no cost to you.
How many homes should I look at before putting in a purchase offer?
There is no specific number of homes you should look at before buying a home. Don’t feel that if you were to purchase the first home you look at that you’re making a mistake. Same can be said if it takes you looking at 25 homes.
Should I get pre-approved before looking at homes?
Yes! There are many reasons why you should talk with a lender and get pre-approved before looking at homes. First and foremost, talking with a lender before looking at homes can help you understand exactly how much you can afford, by learning what your maximum loan amount can be. You'll also see detailed monthly mortgage costs on different downpayment scenarios, and get a pre-approval letter which will be our green light for submitting offers on the properties that you choose. Don't just choose any lender, ask for our advice first. (My favorite lender is Raul from PRMG 305.979.9323)