Buying, Selling, Closing Resources
Things to do
Buying and selling real estate is a process. You need a professional to put you There are some important things to consider before you start!!! Below are a few things that I feel you’ll need to think about before you proceed forward.
Before you buy
1) How much can you afford? Buyers regret!!! Do not let someone push you into a loan you cannot handle!! There are many loan products that can approve you, but it doesn’t mean that’s the amount you can afford. It’s important to have a clear plan before you buy. Going over your finances with an accountant or mortgage professional is vital to determine the amount that’s best for you.
2) Do your homework!! What do you want from your home?? (Schools, accessible to work/downtown, shopping areas, etc) What are your requirements?? Make a list!! You’d be surprised how many people have no idea about what they’re looking for, the cost of their wish list, insurance cost, or what a good deal might be. It is vital that you have an experienced agent that will help you identify those things. So do some research before you set out on this exciting journey!!
3) Learn the area you are interested in No matter where you live, it makes sense to learn about the area. What areas are in line with your immediate and long term goals?? The neighborhood, street, HOA, schools, etc of wherever you choose can make all the difference in how you feel about the area.
4) Get outside opinions!! Whether it’s a trusted friend with experience in the area, family member, or your realtor, let someone take a thorough look through the house before you buy. There might be things you are not noticing because your so excited to buy!! You might be trying to convince yourself that this is the one!!! Get someone else's eyes on it to help you choose the right home.
Before you sell
1) Get your home evaluated Have a professional do a thorough assessment of your home’s value. Use a realtor team if you can. They’ll take into account your area, what other homes have gone for in your neighborhood (comps), what you might need to fix to increase its value and other things that will help you get a fair price for your home.
2) Make sure you are doing the right repairs If you have questions on what needs to be fixed, bring a real estate agent in to evaluate. We can help guide you on what needs to be done. Fix whatever you can yourself and if necessary, hire a professional for the bigger items. You’ll sell your home for more as a result.
3) Have your documents ready What happens when a potential buyer is interested in your home, but you can’t come up with the proper documentation before they’ve moved on? They’ll move on. Make sure you have all the necessary paperwork on hand before you put your home on the market. Contact me if you’re not sure what those documents are and we’ll help you get them together.
4) Price it to sell This is where your agent’s expertise really comes in handy. Piggybacking off your evaluation, one of our agents will be able to come up with a price that entices potential buyers and gets you the most money. When you call, tell us about your home and we’ll be able to give you a better idea of what you can expect to get.
5) Get your house ready to sell!! Not a major overhaul!! Do some simple things... Cleaning your carpets, touching up your walls, simple landscaping, clutter picked up, beds made, etc can dramatically improve the way someone sees your house.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from March 17th, 2018 at 9:45pm EDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.