Preparing to sell

Sellers,

Your realtor will have a very good idea of what condition your home should be in to receive top dollar from the market. Also, your real estate professional will provide comparable sold properties to assist in pricing. Selling your home is a 2 way street. The agent markets your home to potential buyers, but the seller needs to follow the agents advice in home staging to get a fast, good price offer.

The better condition and price your home has will generate a much better response from potential buyers.

New Home starts worst in 18 months

Sorry Guys,

New home sales for October are worst in 18 months.

Winter Months

Hello one and all, Remember,

The winter months are still good for buyers as most home sellers are more anxious and tend to reduce price or negotiate a lower price more quickly in these winter moths to come. Also, good for sellers as the buyers are more serious during the winter time.

Do not forget to have vacant properties winterized for your and the pipes protection.

Todays Real Estate Market

We all are concerned with the current real estate market and will our home values ever recover?

The answer to this question is complex, but first and foremost job creation will stimulate a long lasting recovery. That is not temp or part-time positions, but a full time employment.

Current interest rates are very good and in fact as good as they were over 40 years ago. Yet homes are declining in value and market time is high. How do we remedy this?

Our total economy needs to be turned around first with job stability, job creation and a feeling from each and everyone of us that our job is secure. One does not venture out to get a bigger more expensive home, or purchase there first home unless they feel secure about our economy and their personal growth potential and value to their current employer.

Short sale vs Foreclosure

Which is better and why. The bank short sale generally is in better condition at least cosmetically as the owner still lives there. Also, please be sure to have the buyer pre approved as most banks will not even consider an offer without a pre-approval. Always have the buyer perform a Home Inspection. The buyer also should be aware that this process can take up to 60 days or longer to complete. If the bank has approved the short sale and communicates with all involved the process can be very rewarding for the buyer.

I just completed a 4 course training in the short sale-foreclosure process.

Mortgage Rates

Buyers should be out and buying. Mortgage rates are lowest in decades and home prices are down 5-15% or more depending on area of our country.. When the rates are low this also makes the ability to move up in home more affordable. So if you need a bigger home, downsizing or just need to refinance this is the perfect time.

The government is working on correcting the housing market and who knows how long the good pricing and rates will last. There is no better time to buy than now.

Give me a call at 614-296-1839 and lets make your house purchase dream a reality.

1st time Home Buyers

For the ist time homebuyer here is a list of things to do:

1. Get pre approved

2. Get a realtor (buyer Broker)

3. Find an area you want to live

4. Have real estate agent go over contract when making an offer so you understand

5. Get a Home Inspection and understand all the time frames in the contract

6. Get homeowners insurance for closing

7. Get an attorney to review the title company documents for correctness

8. Change mailing address

9. Change the locks