April 2018

Found 4 blog entries for April 2018.

Your Realtor is your guide, in charge of helping you navigate around all the possible pitfalls and not-so-fun surprises that could cost you money when you're buying a new home. But your Realtor should also be taking into consideration the money you might be paying after closing day. We're talking about...homeowners insurance!
Before you even put an offer in on a home, your Realtor should be able to tell you how the age and location of the house will affect your insurance premiums. They ought to help you spot potential issues that would cause an insurance company to deny you coverage. If your Realtor isn't sharing these most important concerns regarding homeowners insurance with you as soon as you get serious about buying a house, then this video will help

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Our own Tiea Vincent is not your average property manager. Not only has Tiea earned her Residential Management Professional designation, she also earned the title of Master Property Manager. That's the highest designation given by the National Association of Residential Property Managers! There are currently less than 200 designated MPMs in the entire world!! (Are you starting to understand just how amazing she is?)

 

Even with people like Tiea in the world, there are still those who choose to try and manage their own properties. It can be stressful, sure. But what's worse than the stress is making small, simple mistakes you might not even know are mistakes. Tiea has watched home owners allow their beautiful investments to become bottomless money…
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Websites like Trulia, Realtor.com, and Zillow have made the market transparent; literally anyone can see when a house goes on the market and do their own research to determine if a home is fairly priced. Of course, these types of public websites aren’t as accurate or efficient as the Multiple Listing Service (MLS), a website that is only available to Realtors, but they do educate the general public in ways we’ve never seen before.

But now, these sites aren’t just offering you free information about the market: they’re getting into the business of buying and selling your homes. For example, Zillow’s “Instant Offers” program allows you to receive several offers on your house within a few days, and all you have to do is send details and a few photos.

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There are hundreds of intricate details that go in to buying a home. But did you know that the timing of your purchase agreement can play a huge role in how much money it costs you to purchase a home? An experienced Realtor can (and should) help you to write a contract according to the timeline that saves you the most money upfront. 


Here are three examples of how timelines can play into your purchase, and how your Realtor can step in to advocate for you:


1. Buyers must pay for the appraisal of the home they want to buy (meaning a determination of how much the home is actually worth). If the home does not appraise for the agreed-upon sales price, the buyer has the option of removing their purchase offer. BUT! The buyer has already agreed to put

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