- What is the first step in buying a home?
Before you begin searching for a home, write down some of the things you want in your new home: new construction, fixer upper, bigger kitchen, 3 or 4 bedrooms, big yard for kids and pets,etc. What neighborhood do you want to live in? What about school districts? Begin working on your budget. Then find a realtor!
- What do I look for in choosing a Realtor?
People don't talk about it a lot, but finding the right Real Estate Agent can be the difference between a happy, stress free home buying or selling experience and an unhappy, stressful experience! Your Realtor is your advocate and counsel for the duration of the home buying cycle...from the home search to the financing to the close. When choosing an agent, you want someone who can market your home, get top dollar for your listing, and negotiate for you in the course of closing. You want an agent that will promote your listing as a top priority and make sure that your home gets the attention it deserves in all available venues. Renwick Realty can do that! Your house sells faster when you have a knowledgeable, trustworthy agent championing for you.
- How do I find the right Lender?
Getting your mortgage is just one part of a real estate transaction. Renwick Realty can help both new and experienced buyers alike in all areas of real estate. When purchasing a home, the mortgage loan application can be very exasperating for many people, but it doesn't have to be. We have close relationships with several mortgage lenders in the area and they can make the process of applying for a loan uncomplicated! Shop around...get recommendations from your Realtor, friends and family. Check with the Better Business Bureau. Once you have the right lender, make sure you get a pre-approval. A pre-approval will give you a better idea of how big a loan you will qualify for. You can actually go a step further and get an actual approval before you start home shopping! That way, when you are ready to make an offer, the sale will go much quicker. And as a bonus, your offer will look more appealing than other buyers, since your financing is guaranteed.
- Should I get a home inspection?
Yes. A professional home inspection will look at systems that make up building such as structural elements (foundation, framing); plumbing systems; roofing; electrical systems; cosmetic conditions (paint, siding, etc.). When buying a home, you need to know exactly what you are getting. A home inspection will reveal any hidden problems with the home, so that they may be addressed BEFORE the deal is closed.
- Why use a Realtor to sell my home?
Selling a house can be a complex process. A Realtor can help you at every stage...from setting a price to marketing the property to closing the sale. Real Estate agents are experts in marketing, educated in the sales process and know how to value a home. Realtors are experienced in marketing your home and getting the most money possible for the seller!
- Why is it important to value a home correctly?
If you price a home too low or overprice a home, it can cost you thousands of dollars! When a home first comes on the market is the best opportunity to sell a house, so it is vital that a home is priced right from the beginning. If the home is overpriced, a buyer may not even look at the home! It will then sit on the market for weeks, maybe months, until the price is lowered. When a home has been on the market for an extended period, buyers start to wonder if there is something wrong with the home. Even if the price is lowered to the right value after a few weeks, the home still may not sell for what it would have sold for if it had been valued correctly to begin with. Pricing a home too low can cost the seller just as much money as overpricing. When a home is under-price, you will most likely sell it very quickly, but there is a great chance you will sell it for less than what it is worth.
- Should I stage my home?
Staging your property to sell doesn't have to be another hurdle in getting your home sold. Begin with "curb appeal". Look at the outside of your home from a quick glance from the street. If your home's exterior isn't inviting, touch up with paint and some landscaping. Now for the interior: Table and counter tops should be clutter-free...souvenirs, family photos, kid's drawings should get stored away. Simplify the decor, so that your home feels more spacious. Stay neutral with paint and wall covers. Make sure everything is clean and there are no stains on the carpeting and floors. Air out the home before a showing and use air fresheners well before showings. Open the curtains and change the lightbulbs so the home has a bright and airy feel. We want buyers to feel like your home is their future home!