Like many firsts, diving into real estate can be daunting. Whether you are buying or selling there are many processes to consider in order to get the best results. You are ready to make that big step into ownership and your wish list is ready! I would like to share these great tips for first-time home buyers and sellers along with some great questions to ask!
Advice for Buyers
- The very first thing you need to do in the home-buying process is to sit down with a lender and get pre-approved. This should be done before you start touring any homes.
- Prepare a list of must haves and stock with it!
- Remember that you are not just buying the house, but the neighborhood too. Spend some time in the area and see if it offers some of the lifestyle conveniences you’ll need.
- Don’t see to many houses in one day. You’ll feel overwhelmed and confused after touring several homes. As a practice, good real estate agents will normally limit you to four or five and then let those digest with you before reassessing the search.
- It’s a great idea to take detailed notes and even take a few photos to help you remember. Too many homes in a short period of time will run together in your mind and you may not remember which kitchen or which master bedroom belonged to which house.
- As tempted as you may be to max out your budget, try your best no to. Just because your bank approved you for a higher amount, doesn’t mean you have to spend it all. Why? Because you have to pay it all back. You don’t want to go into a first home maxed out.
Advice for Sellers
- List your home at the right price from the start. Homes that enter the market overpriced usually sit for a long time before receiving any offers. If you want to be competitive and sell quickly, a comparative analysis to determine the right price is essential.
- Be flexible! When you make homebuyers jump through the hoops to see your house, you’ll turn them off and they’ll move on to the next house. Try your best to accommodate every tour request. You never know which appointment will being an offer.
- Buyers tour homes with four out of five of their senses: sight, sound, smell and touch. Bad smells in a house can turn off buyers immediately. Be sure to neutralize your home of any bad pet or smoke odors before opening your doors to potential buyers. Even before viewings any strong cooking smells can affect your viewing.
- Staging your home is super important as well as removing clutter. I recommend removing two-thirds of your personal belongings and furniture for the best staging. Use your garage or storage facility to store your belongings for the time being. Open curtains or drapes to allow maximum natural light in. Move furniture out of walkways and away from windows so the room will feel larger. If your home has dark paint, it’s worthwhile to repaint with a light neutral paint color.
Questions to Ask
How much are the taxes?
What are the local schools in the area?
If buying a condo, how much are the fees? What do they include? How many parking spaces are included?
Does the home come with a warranty? Can you have this written into the offer?
If buying in a HOA subdivision, do they permit you to rent out your property?
How close is the nearest hospital, police station and firehouse?
How old is the roof and windows?
Can you see the homeowner and community disclosures prior to making an offer?
In the end, getting the right professional help when looking to buy or sell a home is so important. I consistently demonstrate a true commitment to my clients, making them my #1 priority. I consider Real Estate my lifestyle rather than just a career, and make myself available 7 days a week to all my clients. I am able to succeed in the industry so well because I have mastered the art of working hard, putting my clients first, always going above and beyond for others. Contact me anytime, I would love to hear from you!