There is a big difference between buying a home and selling a home. They require tailored duties and services at each stage of the process. It's important that you work with a real estate professional that can find you the perfect home at the perfect price!
5 Quick Tips for Home BUYERS
1. Start Saving Now
Start saving, the earlier the better and every little bit counts. One of the biggest first time home buying mistakes is having insufficient down payment or closing costs. 5% down is the legal minimum plus 1.5% for closing costs is the general rule of thumb
2. Find and Work With a Qualified Real Estate Agent
A great agent will help you navigate the complex world of real estate transactions and provide you with personalized advice to help you reach your goals.
3. Get Pre-approved for a Mortgage
Luckily for you I am a 1-stop shop! I have over 10 years of mortgage experience and can easily pre-qualify you in under 5 minutes. Before you fall in love with a home, it's important to know if what you can afford. You can get an estimate by using my Affordability Calculator
4. Start House Hunting
Once you know what you can afford, you can start the fun part of the process: Looking for that dream home. You can start here on my MLS page
5. Make an Offer
I will work with you to align your finances, find your dream home, and work with you to make an offer. Once the offer is accepted, I will support you through the process and discuss the need for appraisals, inspections, mortgage and legal approval.
5 Quick Tips For Home SELLERS
1. Find and Work With a Qualified Real Estate Agent
Hopefully you have already done that! We can discuss how best to market your home and examine the tools to effectively determine its value
2. Determine How Much Equity You Have in Your Home
Like pre-qualification, it is vital to know how much money you have wrapped up in your home as this is the source of your down payment and will determine how much you can afford
3. Contact Your Current Lender
This is when you find out what penalties and fees are and decide if its financially sound to take a new mortgage or keep the current one. I can help you determine your best course of action
4. Determine if You Will Buy or Sell First
If it is a sellers market, then you can buy before you sell. If its a buyers market, you should sell before you buy. We will examine the market together and determine your best course of action
5. Acceptance of Offer
Once an offer is received, you can either accept or decline it. Assuming you accept, you will work with your agent, lawyer and other professionals to ensure a smooth move out of your home