Upfront Costs in Purchasing a Home

Money, money, money! When you first start the home buying process, a big concern can be the money and cashflow that you’ll need to pay upfront once you have an accepted contract. Payments can start adding up, so I always try to make sure that my buyers are aware of what checks they’ll be cutting from the beginning once their contract is accepted.

While closing costs are a big concern to buyers, those don’t really come to fruition until closing day (end of the deal). When it comes to upfront costs, you’re top costs will include your Option Period Fee, Earnest Money and paying for your Inspection. I’ve pulled the ranges and explanations for each below.

UPFRONT COSTS IN PURCHASING A HOME

Termination Option Fee: Typically ~$100

Your Termination Option OR Option Period is typically a time frame of 7-10 days where you complete your inspections, come in and get quotes/estimates on any repairs you’re needing and ensure that you’re ready to move forward on purchasing the home. This period starts the next day after the contract is executed.

The Termination Option Fee protects your Earnest Money so that if you back out of the contract within your 7 to 10 day period due to the seller not agreeing to repair certain items or the home not being quite up to par, you would get your Earnest Money back. After the 7 to 10 day Termination Option Period, your property will go UNDER CONTRACT.

This fee is written out the seller of the home as they’re giving you this time frame to complete any inspections, etc. You do not have to complete an inspection or have a Termination Option Period, but it is always recommended.  Your Termination Option Fee CAN BE credited to your closing and negotiated on price point and day period.

Earnest Money: 1% of home purchase price

Typically, your Earnest Money is 1% of the overall price of the home. For example, if you purchase a home for $200,000 then your Earnest Money check will be $2,000. That is 1% of the purchase price. Is the 1% fee negotiable? Yes! But the Earnest Money is seen as good faith that you’re ready to rock and roll as a buyer so most buyers and sellers stick to using the traditional 1% number. If you’re in a bidding war, you may put down more in Earnest Money. It all depends on the buyer and the seller.

This fee is written out to the title company that is handling this transaction. Your Earnest Money IS credited at closing to your costs and can be negotiated.

Inspection Fee:  Truly varies on square footage of home/company – ~$360-$600

Is this a required fee? Not necessarily, but some lenders do require an inspection and I ALWAYS recommend my buyers order one so that they know the ins and outs of the home from a licensed professional. The fee ranges by the company you use and the square footage of the home. The bigger the home, the higher the cost. In my opinion, this cost is WORTH IT! 

This fee is paid directly to the inspector or inspection company. This IS NOT credited to your closing and if you back out of the contract you will not receive a refund for the fee. Inspections are there to give you piece of mind and know what’s going on from plumbing to foundation to electricity. It’s beneficial on ALL fronts!

 

While there are some other upfront costs in purchasing a home, these are the main costs after you receive and accepted offer on a property. These are all fee to expect and later on pull money for your downpayment, lender (appraisal, etc.) and closing costs. This is used to help guide you at the very beginning stages after a contract is accepted.

Preparing Your Home During The Stormy Season

April showers were supposed to bring May flowers, right? But all we feel like we’re getting are scary tornado watch calls from Mark Scirto from our local news station.

WINDOWLESS INTERIOR

In the grand scheme of things, you truly need to worry about finding a small, windowless interior room in the home. Duh! But we also need to think about how you can protect your home during this stormy weather from hail damage and more. Here are a couple of things you can do to protect and prep your home.

Untitled Design

HERE’S WHAT YOU CAN DO

Trim those trees. Look at the limbs close to your roof, where you park your vehicle or near any lines. While I always recommend hiring a professional, if it looks like a smaller job these tree trimmers can help lighten the load and stress. This can help prevent much larger issues after storms.

Cover or move your outdoor items. Do an inventory of your outdoor items like patio furniture, planters, firewood, grills, etc. Either cover those items or bring  them inside to a garage or shop area. You can use patio furniture covers, grill covers and more to protect your outdoor favorites. Securing them to the ground is also very helpful.

Check those gutters and downspouts. Ensure that they’re not logged with leaves or full of miscellaneous items by using gutter cleaners. Clear them out to prepare for proper flow of water during the storms.

Follow local news. Be informed. Pay attention to the weather either on your local weather radars, sign up for texts, calls or email alerts from your local weather station to be in the know on upcoming weather.

Inspect your roof. Hail storms and high winds are not your roof’s best friend. Keep an eye on the condition of your roof and if you see any significant damage, be sure to get in touch with your insurance adjustor to see what they can help cover repair costs.

Do you have an emergency kit? Grab the basics: first aid kit (bandaids, ointments, etc.), food (water and non-perishable snacks – put in those granola bars), flashlight with extra batteries, radio and fully charged phones or portable chargers. Have those ready just in case. 

Lastly…

FIND THAT SAFE ROOM! Be prepared and have a cleared and clean windowless, interior room or area identified for storms.  Stay safe!

Stay safe out there, my friends.

Listing Your Home? Here’s What You Can Do Now

Making moves? Then it’s probably time you start thinking about putting your home on the market. Now it’s not as simple as one, two, three… but it’s not as scary as it seems. I’ve pulled together some simple steps to take care of before you put your home on the market.

Deep Clean

Do it yourself or hire a professional. From the baseboards to every corner in the home, dust should go POOF! One man’s trash is not another man’s treasure in this situation. Potential buyers are looking at EVERY corner of your home, so keep it clean.

Declutter

Clean out your shelves, pantry, countertops and the bottom of your closet! When people come in to look at your home, you want them to see the bare minimum. If it doesn’t add to the aesthetic of the home, it needs to go.

Move Those Family Photos

Yes, you’re proud of you family or significant other, but they need to go! You don’t want your family on display for your pictures on Realtor.com and you probably would prefer that the potential buyer isn’t concerned about who currently lives in the home instead of seeing the beauty of the home. Depersonalize!

Inspect Your Home

This is not a requirement, but it could show you potential hiccups or issues that could come up once you get an offer. An inspector can point out some big or small issues that you can fix before putting your home on the market.

Curb Appeal

Pull out those weeds, rake those leaves and sweep that front porch. Curb appeal is EVERYTHING! Does the outside of the home need some love? A good power wash could do the trick or even a fresh coat of paint on the trim or shutters. A lot of potential buyers will make their rounds to check the outside of the home before they asking their Realtor to show it to them.

Freshen Up That Paint

Keep it neutral and keep it cute. If you have the funds and the time, cover up that lime green or bubble gum pink room and paint over an spots or scratches and definitely think about replacing that wallpaper. This makes a bigger difference than you would imagine. A lot of potential buyers want move in ready and having a great, neutral paint color throughout the home can be just what they want.

Find Those Documents

Your Listing Agent is going to ask for any documents that you have involving the home. This includes any existing surveys, restrictions or manuals on an fixtures for the home (operating manuals for appliances, security system, etc.). If you can’t find everyone, no worries! Your Listing Agent can help you gather details from your local title company or other resources.

And finally….

Call Me!

Don’t blindly hire an agent. Let me help you list your home and market it to the right clientele. I specialize in social media and marketing, helping me direct your property to people in the area and outside of our area. I also happily meet with clients before listing to help guide with any updates needed in the home. I never recommend throwing a ton of money in updates unless it is NECESSARY, so consult an agent first.

Not in the East Texas area? I can refer you to the top agents in your area and ensure you’re listing with an agent that specializes in residential or land sales in your community. I refer friends and family to clients in large and small cities that help market and SELL properties!

Cyber Monday: Homeowner Edition

It’s the most wonderful time of the year! But I’m talking about Cyber Monday! This little holiday and shopping day is my speed because it’s all online and one click away! As you can guess, I am keeping all of my Cyber Monday finds specific for homeowners!!

For Cyber Monday: Homeowner Edition, it’s not just about vacuums and blenders. I’m pulling finds from Pottery Barn with my favorite bedding to Crate and Barrels wine glasses (yes, the one’s Olivia Pope uses in Scandal)! I will throw in some great tech and guest rooms finds as well. Cyber Monday is like Christmas everyday because all the packages keep showing up on your doorstep! Enjoy and click away!

Wordpress Featured Image- Cyber Monday


|| BATH & BODY WORKS||

40% OFF SITEWIDE PLUS FREE SHIPPING ON $40 PURCHASES

Your house will smell like Christmas in NO TIME! Time to stock up on candles, wallflowers, moisturizers and more! My house will personally be getting loads of Fresh Balsam and Vanilla Bean Noel to have my house smelling all festive and what not. Also thinking about grabbing plenty of wallflower plugs and fragrance refills for my real estate clients and their new homes! Sale starts online at 6AM.

USE THE CODE: SHOPCYBER

023845824  Wallflower Fragrance Refill  Vanilla Bean Noel 3-Wick Candle  023996166


|| POTTERY BARN||

25% OFF SITEWIDE PLUS FREE SHIPPING

Basically, anything goes. Want a new duvet? 25% off. Looking for some serving dishes? 25% off! I love anything and everything Pottery Barn. A couple of items I’m eyeing include the TENCEL™ Ruffel Duvet Cover & Sham. In love with the simplicity of the duvet and sham and think it adds a nice and clean look to a room.

All of the serving pieces you need for hosting parties or just a wine night can be found at Pottery Barn, too. I love the Everyday Pitcher that is perfect of lemon water or a sangria and the PB Classic Glass Drink Dispenser to help hydrate a crowd. Speaking of wine nights, Pottery Barn has a variety of cheese boards that are Insta-worthy. My favorite is the Chateau Wood Cheese Board.

USE THE CODE: CYBER

tencel-ruffle-duvet-cover-sham-white-o  PB CLASSIC GLASS DRINK DISPENSER  everyday-pitcher-o.jpg    chateau-wood-cheese-boards-o


||CRATE AND BARREL||

20% OFF SELECT FULL PRICE ITEMS

Entertaining pieces galore! My mother LOVES to buy their big white platters for cookies and snacks when she’s entertaining crowds. I am personally obsessed with their Camille Wine Glasses (yes, the ones Olivia Pope has in Scandal). They’re already discounted, so might as well throw it in your cart! As for using the 20% discount, I recommend piling up on their LeCreuset cookware, especially their signature round dutch oven.

Other discounts include 40% off of rugs and 20% off lighting. Sales prices are final and do not include the 20% off full price items.

Camille Red Wine 23oz  Rectangle Platter   LeCreuset Signature Round Dutch Over


|| BED BATH & BEYOND||

Talk about an organized shopping experience! Bed Bath & Beyond has all of their Cyber Monday deals separated into categories from kitchen to electronics to vacuums, so you’re sure to find something you NEED for your home.

Keep your house clean with vacuum savings that can be up to $120 with the newest Dyson V8 Vacuum on the market. You can equip your home as a smart house with the Nest Smoke and Carbon Monoxide Alarm ($20 in savings), as well as, the Nest Learning Thermostat for $179. My sister has been eyeing the Nespresso® by Breville® Coffee and Espresso Maker Bundle that $100 off for Cyber Monday. Honestly, I’m starting to eye that coffee and espresso maker, too. Talk about a steal!

Discounts for Cyber Monday items are already applied online when shopping.

Snip 2018-11-25 20.11.42  Snip 2018-11-25 20.21.33.png  Nest Learning Third Generation Thermostat  Snip 2018-11-25 20.30.11


|| AMAZON||

Amazon, the head honcho of Cyber Monday, has got the deals rolling in. I’m just going to cut to the chase here and give you all the sweet deals that are perfect for your home.

Amazon’s Echo Dot (3rd gen) is honestly a game changer and it’s even half off. Listen to your musics, the news or just get information. One of my friends even had her Smart Light Bulbs hooked up to her Echo Dot and would tell Alexa when to turn her lights on and off. NOW THAT’S COOL! You can also add an Amazon Smart Plug to any Echo device for $5. Schedule your lights, fans and appliances to shut off; yes, schedule that curling iron to turn OFF! Don’t miss out on saving 46% on this Dyson Pure Cool Link Air Purifier. It’s asthma and allergy friendly and could really be useful with the changing weather! Also, check out the Nespresso VertuoPlus Coffee and Espresso Maker. This version does not have the milk frother, but it does have the same capabilities as the other Nespresso Coffee and Espresso makers.

All-New Echo Dot (3rd Generation)  Amazon  Dyson Air Purifier 71aYbx0GxDL._SL1500_


||THE CONTAINER STORE||

CYBER WEEK: 20% OFF A DIFFERENT CATEGORY EACH DAY

Here’s to all the neat freaks! The Container Store is for all the organizing kings and queens of the world. Instead of just hosting a Cyber Monday they’re hosting a Cyber Week! For Cyber Monday, though, they are hosting 20% off on closet and bedroom essentials. This means shoe storage, jewelry holders and hangers are all 20% off! My favorite non-slip hangers keep my closet neat and tidy to where I can see ALL of my clothes and hold up all my off-the-shoulder tops. Keep all of your shoes dust free with the shoe box. I love that I can SEE the shoes but they’re not collecting dust either. I recommend buying the case! The acrylic jewelry stand are sitting on my dresser in my room perfectly displaying my bracelets. They’re simple and pretty and don’t clash with whatever style is going on in your room or closet. I’m also a BIG FAN of the Diamond Dazzle Stick. It cleans all my rings and jewelry to like NEW and it’s a great gift for friends that are newly engaged, so stock up!

Huggable Hangers  Acrylic Jewelry Stand  Diamond Dazzle Stick


||WILLIAMS SONOMA||

I LOVE shopping in Williams Sonoma. The place is in my kitchen dreams and has just about EVERYTHING you could need! Savings are up to 70% and the discounts are unbeatable here for Cyber Monday and it’s a one day deal! 

I’ve been on the hunt for a knife set and of course, William Sonoma has the best quality and brands. Their Wüsthof Gourmet 12 Piece Knife set has a savings of $349, like hello DONE! Their LeCreuset Cast Iron Dutch is over 50% off and their essentials bakeware collection with 6 pieces is priced at $79. All worth the buy!

Wusthof Gourmet 12 piece knife block set  Le Creuset Signature Cast Iron Round Dutch Oven, 2 3:4-Qt.  img46c


|| TARGET||

15% OFF SITEWIDE

Here’s what’s giving you more bang for your buck at Target for Cyber Monday: TVs and Vacuums. It’s fun growing up and have adult-like things on your wish list, right? Save $150 with the iRobot Roomba 890 Robotic Vacuum for $349.99. Roomba deals are everywhere, but the Target one is pretty sweet. As for TVs, save $120 for the Samsung 50″ Smart UHD TV for $329.99. I’ve also been going back and forth on this Luxury Mink Weighted Blanket; hoping it will make me toss and turn less at night.

iRobot Roomba 890 Robot Vacuum  SAMSUNG 55" Class 4K (2160P) UHD Smart LED TV UN55NU6900 (2018 Model) Luxury Mink Weighted Blanket


 

I hope that you find these Cyber Monday finds useful for your home! I’m excited to load up my shopping cart and get lots of goodies. Happy shopping! Please share all of your Cyber Monday finds!

Sneak Peak: Best of Black Friday Sales for Homeowners

Here’s my confession: Black Friday shopping SCARES me!! I have never been into Black Friday shopping. It’s overwhelms me with all of the people hustling and bustling everywhere I’m more of a Cyber Monday gal. But, I can’t blame people for loving Black Friday! With all of the deals you can get on clothes, household items and more, I see the appealing side of the ‘holiday’.

This year, I am excited to be participating in Black Friday to help find the perfect gift for homeowners. From vacuums to TVs, air fryers and more, you really can’t pass up the deals. Whether you’re shopping for yourself, a family member or a friend, here are some great finds for the homeowner in mind!

Wordpress Featured Image- Black Friday


|| TARGET ||

Target, or as I like to call it Tarjay, has some deals rolling through for Black Friday. I’ve found the perfect finds for your extended stay guests, technology gadgets to help you save on your monthly energy bill, and other home life-saving applicances! You can save $60 on a Serta Air Mattress for those last minute visitors and a 50% off THIS blow dryer for the guest bath. Show off your GREEN side by being energy efficient with the NEST Thermostat that’s $70 off the original price. Now the best find, in my opinion, is the KitchenAid mixer. I LOVE MINE. This is the bigger mixer – meaning more cookies and sweets can be made! Can’t beat getting a 5 Quart KitchenAid for a whopping $230 off sticker! Also a big fan of the $20 savings on the AirFryer.

Last, but certainly not least, is the kitchen appliance on my wish list: The Ninja Professional 1200W Kitchen System. It’s basically a four-in-one machine. All of the attachments can be used for making my yummy oreo balls, to a quick protein shake, or even margaritas. Done and DONE!

Target’s Black Friday shopping begins on Thanksgiving Day at 5PM and doors close at 1AM. They reopen at 7AM on Friday.

Serta 16  GUEST_93a7a6cf-aae3-48cf-9874-a8ba31d1d444  GUEST_bc122e75-f97d-4715-8635-cbe21b13ed82  GUEST_c9b74774-628c-48bc-8c6c-82c537c3c59c  GUEST_55b87cbe-a889-476b-b45d-e93abd41db53  AirFryer

 


|| SAM’S CLUB ||

Savings in BULK! Sam’s Club already has some of the lowest prices around, but Black Friday is where it’s at. At our house we LIVE FOR their towels and pillows. They’re basically luxe hotel quality and they’re CHEAP! Their 2018 Black Friday savings catalog has basically everything needed for any home gift.

Some of the savings I’m most excited about are the iRobot Roomba ($100 off), Arlo Pro Home Security System ($249.00), Jumbo-Sized Bamboo Pillows ($10.98) and Samsung 75″ TV with Xbox One X ($1,279.00). Walmart also has an Arlo 3-Pack for less, but it’s not the Arlo Pro, so it’s all about personal preference! Back to the pillows… I have these and one of my dearest friends has them and they’re like sleeping on a cloud! GET THEM!!

Sam’s Club Black Friday shopping begins online on Thanksgiving Day and their doors will open at 7 a.m. on Friday, Nov. 23.

iRobot Roomba e5 5134 Wi-Fi Connected Robot Vacuum  Arlo Pro Wire-Free HD Camera Security System (2-Camera Kit)  Samsung 75   Bamboo-Polyfill Pillows, Jumbo (2-pack)


|| WALMART ||

I look at Walmart as the HEAD HONCHO of Black Friday. That place is cray cray when Thanksgiving Day hits! To keep the search simple, here’s what I have my eye on for the Walmart Black Friday sale:

  • Instant Pot: BEST FIND! Here’s to making cooking easy! We love our Instant Pot and the quickness and ease it brings to our lives when making quick dinner. Walmart is selling the Instant Pot 8 Quart for $59 which is ~$40 less than what it would normally cost. PSSSST… $10 cheaper than Target!
  • SAMSUNG Smart TVS: I have one and LOVE IT! It’s so nice to use ONE remote for all of my Netflix, Hulu or Cable TV needs. Walmart is running deals on the 55″ and 60″ Smart TVs that will be hard to beat.
  • Roku: Don’t have a Smart TV? Don’t worry! There are two Roku deals – Roku Ultra for all you heavy, high definition, streamers (saving $51) and the Roku SE, still a high definition stream, ($20). These can easily be hooked up to your TV through the HDMI port and you can watch shows, movies or videos from all your favorite apps. My family loves theirs! Again, better deals than Target!
  • Arlo Security Cameras: This is my best find! A couple of different stores (Sam’s Club, etc.) are running deals on the Arlo Camera Systems, but Walmart has the BEST deal with a 3 camera bundle system; other stores are only including 2 cameras. My parents have these and LOVE THEM! They’re wireless and you can check the cameras from your phone on an app wherever you are; you can even set up alerts when there’s movement near the camera. Sam’s Club is selling the Arlo Pro which is different from just the Arlo.
  • Vacuums: We all could use a nice, new vacuum! From what I’ve seen, Walmart has some of the best and lowest Black Friday prices around. They have the Dyson vacuum at $159 for Black Friday. What a deal!

The Walmart Light Up Black Friday event begins on Thursday, Nov. 22 at 6PM in stores and Wednesday, Nov. 21 at 9PM CT online. 

fe9c913e-0524-4c27-8132-a357e71a2ab6_1.b5a550810f64f4eeba6e49aaac096fdba4aa8214-30ee-4fd0-b177-21828eeebbf0_1.07981d95fc037f64329d3ff996885549  fd4e1787-086f-42f8-baf6-acecfe3413cf_1.dd667895da5df9e7153673b8739b61a6    3e947f11-7286-411d-b027-a70ea46ae2a1_14.162aafaee79bbc284a68fa3843a12018-2 3b54f535-13ef-4f83-917d-4bc978153955_1.2953bfa0b8133944ed6fee47e2d98896


|| AMAZON||

Loud and proud Amazon Prime Member over here! Love that I can get quick shipping on just about anything and can find everything. Amazon is a little heavier on the Cyber Monday train, but they’re still throwing in some great deals on Black Friday.

So what does Amazon have to add to your home, you may ask? Well, the Ring Video Doorbell (saving $60) is a great start. Safety at it’s finest. I’m a scaredy cat when people are ringing on my door (even if it’s just the mailman), so it’s nice to see who is at your doorstep whether you’re home or away. They will also have all of their Echo products at a discount and their new Echo Plus reduced by $40. Other savings included are up to 35% off on mattresses, furniture and area rugs and up to 40% on select coffee makers.

Ring Video Doorbell 2  All-new Echo Plus (2nd Gen) - Premium sound with built-in smart home hub - Charcoal


|| BEST BUY||

Here’s where I look for all of the tech goodies and there are lots in the Best Buy Black Friday sale. What are you going to find? LOTS! Similar to Amazon, Best Buy has the Ring Video Doorbell 2 priced the same BUT they’re including an Echo with purchase…. so WIN WIN! This is also the hot spot for TVs on Black Friday. All brands, all sizes and big discounts! Samsung has great Smart TV options with savings of $200-300.

Let us not forget about the bigger appliances, too! From refrigerators to washer/dryer combos, this is the time to make the big splurge on those big items. There are  savings of up to $700 on the refrigerator and ~$250 on the washers and dryers along with a FREE Samsung POWERbot Vacuum (valued at $499.99) with the purchase!

Doors open on Thursday at 5PM for the Best Buy Black Friday Sale.

Ring Video Doorbell 2  6199827_sd.jpg;maxHeight=640;maxWidth=550  5580242_sd.jpg;maxHeight=640;maxWidth=550 Samsung - 4.5 Cu. Ft. 8-Cycle Front-Loading Washer - Fingerprint Resistant Black Stainless Steel


**Please note that the links will not show the discounted pricing until Thanksgiving Day!

Happy shopping! Would love to know what you’re shopping for or have your eye on this Black Friday! Share your finds!

Looking to buy a property? 5 Things to Do Before You Call A Real Estate Agent

Is buying a new property or home on your horizon? It’s the most exciting, stressful time and likely the biggest purchase of your life! There’s no doubt that the whole process of buying a home or property can be overwhelming. Luckily, real estate agents and brokers provide local expertise and are a great resource to help you find exactly what you are looking for.

Select an agent with the right credentials for your buy. While you may want to immediately pick up the phone and call me to help find your DREAM HOME, there is some groundwork that can be accomplished beforehand. Here are five things that you can do before calling a real estate agent:                                               

1. Get pre-qualified for your loan.

Hands down, this should be your first step as it is the most important! Getting pre-qualified means that a lender (your bank) has looked closely at employment history, credit reports, income, etc. The lender will then determine loan programs that you qualify for and find what works best for your financial situation. Basically, you can’t go spending more than your credit limit will let you!

Going through the pre-qualification process helps your real estate agent find a property that is in your price range. Most of the time clients get very eager and want to look at homes before speaking with a lender or bank, but I prefer not to show them homes without knowing their limits. You can really sour the house hunting process by showing a home out of a client’s price range, letting them fall in love, only to realize that they can’t afford it. Getting pre-qualified can be as simple as a phone call so it doesn’t have to take up your whole day. I do highly recommend meeting with the lender in person just to make the initial connection and help build a relationship.

If you don’t know where to start or who to call to get qualified, I can guide you in the right direction to help find a mortgage lender or bank that fits your needs.

2. Know the area that you want to purchase.

When it comes down to it, you need to know the location or area of where you plan to purchase a property. This decision can come down to the school districts, access to hospitals, or dining. Determining the location of the property helps the real estate agent zero in on where the buyer is focused on living or investing and eliminates questions about other locations. Real estate agents have great programs in the MLS systems that allow us to map out or search specifically by district.

Knowing the location you want to purchase a property in may take some time. I always recommend that my clients take a cruise in the areas they’re leaning toward in the morning and evening. It really helps you get a feel of the neighborhood. Wanting a neighborhood perfect for a growing family? Take a look and see if there are kids playing basketball outside or families going for walks in the evening. Looking for something quiet like a retirement community? Do a night drive by to see if the nightlife is popping in the neighborhoods you’re interested in. These little cruises can really cut down the house-hunting search. There’s nothing worse than when a real estate agent takes a client to a home they requested to see and the client pulling up and not even wanting to look inside the home (that you made clients leave so you could show) because they’re not a fan of the neighborhood. Yes, your agent is there and happy to help you in the elimination process, but help them out too!

3. Study the market.

Look at the economic situation that surrounds you. Research the market for homes in the area where you want to purchase. While a real estate agent can share the length of time homes have been on the market and estimated closing costs, research done ahead of time gives buyers expectations of costs in the location area of where they want to purchase a property. It can also help you see when the competitive times are in the market (typically in the spring/summer).

4. Know the usage of the property that you plan to purchase.

Typically, I’m searching for residential or luxury homes for my clients. So while is seems like an obvious answer that most clients want a subdivision, your real estate agent needs a little more information than that. Clarifying the usage of the property can narrow down the selection to more ‘prime’ choices. Do you want a minimum of five acres so you have room to breathe? Do you want a property where the Home Owner’s Association (HOA) takes care of the lawn? These little tid bits of information can really help narrow it down for your agent’s search.

Another potential deterrent can be deed restrictions on some properties. Some clients want to build a shop or add a pool to their backyard. Having those deed restrictions let’s you know what you’re allowed to build and add-on in neighborhoods. It can really make or break a decision.

5. Research your real estate agent.

Shopping for a real estate agent can be time-consuming, but knowing that you are using the right person for the type of property you want can help make the buying process a breeze. When looking to purchase a property, look at what your agent has listed or helped buyers purchase in the past. I’ve listed and helped as a buyer’s agent in luxury, residential, waterfront, commercial and other types of properties. Having an agent that has knowledge and a proven background in what you want to buy ensures a smooth process. It also doesn’t hurt to check out an agent’s Zillow or Facebook pages to see what properties and clientele they work with to find the right fit. Reviews can also be useful! But, trust me; I know I can help you find the PERFECT property!

 

Buying a property brings in a roller coaster of emotions. Doing homework ahead of time and keeping expectations clear between the buyer and the real estate agent can make this exciting journey a simpler one. These five simple steps to take care of before calling me to be your real estate agent helps set you, the buyer, up for success when looking for a property. Call Bethany Nolan with Murray Real Estate Services, LLC to get started on your house hunting today!