Month: August 2017

Never Be In A Rush To Purchase Your First Home

If you are considering buying real estate, then these helpful tips and tricks will definitely make an impact on your buying decisions. Just by using these valuable resources can save you money and time. You will discover many secrets that real estate agents do not want you to know.

Purchasing a home is a big decision and a large investment. To make sure you know all there is to know, consider a course in home buying. Many local real estate offices offer these classes as ways to educate potential clients about the process from beginning to end.

Property

Before you make an offer on the home of your dreams make sure you have visited the property on several occasions to know what road traffic is typical for the area. Homes are most often shown when traffic is at a minimum; weekend open houses and midday showings are very popular, but do little to show a prospective buyer what might be normal for the area. Simply driving to the property and parking on the side of the road at various times during the day may seem like stalking, but can give you an excellent picture of what the future may hold as you count the cars and pay attention to other noises that you may find unacceptable to live with throughout the day and night.

Property For Sale

Find a great neighborhood and then investigate all potential properties. If you find an up and coming neighborhood where property values are on the rise, investigate every property for sale and consider purchasing the lowest priced one. The advantage is this: If you find that the two lowest priced properties in a neighborhood are priced at $150,000 and $170,000 ” buy the $150,000 property and you can place it immediately on the market for $165,000. This gives you an excellent short term investment that will require little to no work on your end, other than arranging the financing and finding a selling agent.

For Sale By Owner

If you’re an experienced investor, consider “for sale by owner” properties. For sale by owner properties often present an excellent investment opportunity for investors who are familiar with the purchase process, and who would prefer to save on agent commissions. There are many different ways to structure a FSBO deal; it’s a matter of finding the one that works best for you.

First time investors need to be aware of some challenges associated with properties that are listed as ‘for sale by owner’. Many times, investors have purchased these properties (or want to purchase additional properties in the area) and they are simply testing the market to see how much they are actually offered. Dealing with ‘for sale by owner, property may be complicated, and the process of settling on a contract can get fairly lengthy. Therefore, you might want to consider these properties down the road, after you are a more experienced investor.

Now that you have learned about using these tips to your advantage, you will be able to get a better real estate deal. No matter what type of real estate property you are looking at, just by using these tips will enhance your buying potential and help you to save money.

Creative Ways Your Savannah Realtor Helps Sell Your House

While you might think you can save a few dollars selling your home without a listing agent, when the buyers are few and far between, you will be glad you had a creative Savannah real estate brokerage marketing your house to get the highest cash offers. These are just some of the creative ways your real estate agents Savannah GA professionals are going to help promote your house to a targeted audience.

Enticing the Buyers with Incentives

The buyers in your region may have plenty of houses to choose from this month, and after a while, they all start to look the same. Your listing agent understands that in order to make your home more attractive to a potential buyer, they need a little in the way of incentives. If you are financially able, your agent may recommend selling for top dollar but helping the buyers in ways the other sellers might not be able to.

Your agent might suggest that you offer to buy a point to help the buyers get a lower interest rate, include many of the furnishings in the house with the purchase, or help to pay some of the closing costs. These are especially popular with first-time buyers.

Providing More Value in the House

There might be several houses in a small radius that look like your home, are priced like your home, and are all listed at the same time. In order to separate your listing from the others, your real estate broker might focus more on the things in your house that appeal to buyers. Perhaps you have a home warranty package that is still valid, your agent will promote that. Maybe you paid for new appliances that are staying in the house, something any buyer would certainly love in their new house.

If the house is under a termite or pest control contract, you had additional work done to the house or added something like a pool or furnished basement, your agent is going to focus on the value in those items the other houses are lacking.

Transforming the Appearance of the House

Remember what that model house looked like that you visited when you were house hunting? That is the feeling you want to give potential buyers to your house. Your listing agent will give you tips on the house to get all your belongings to storage to make the interior appear larger, paint the rooms in neutral decor to invite all buyers, and minimize personal effects to give buyers the feeling it is their home.

These little tricks all connect with a buyer emotionally and get them invested in your property, so they don’t forget it when they leave the showing.

By selling your house faster and for more money, you are going to make money using a local Savannah real estate agent. These are only a sampling of the countless techniques the real estate agent will use to get your house noticed by those buyers who are in the best position to make a purchase today.