We are often asked questions regarding the processes of buying or selling your home so we wanted to share just a few of the most common:

1. What does a home inspection involve and should I have one?

A home inspection is a visual examination of the property to determine the overall condition of the home. In the process, the inspector should be checking all major components (roof, ceiling, walls, floors, foundations, attics, etc.) and systems (electrical, heating, plumbing, drainage, exterior weather proofing, etc.). The results of the inspection are provided to the purchaser in written form and are generally discussed in detail during a walk through once the inspection is completed.

The inspection may indicate only minor issues for you to address at some point or that the home needs major structural repairs which need to be factored into your buying decision and comfort level.  A pre-purchase home inspection helps you learn more about the property up front so you can proceed with greater confidence and peace of mind.

 

2. What is a pre-approved mortgage and should we have preapproval before we start looking for a home?

A pre-approved mortgage provides a set interest rate guarantee from a lender for a specified period of time and for a set amount of money. Your mortgage broker will help you determine what you can afford to pay for a home and explain the down payment requirements.  When you find the right house and it comes time to make an offer, you will be prepared to act. Keep in mind your pre-approval is based on your financial picture at that time and any significant changes in your life can affect that number.

Most REALTORS® will ask if you have a mortgage pre-approval in place before you start your search for a home. This is to ensure that they are showing you properties in your price range. You never want to fall in love with a house only to find that it does not fit within your budget. Pre-approval is one of the first steps you should take before beginning the buying process so you can shop with confidence!

3. How do I prepare to sell my home?      

  

The first step is being really ready to move on.  You need to detach yourself emotionally from your home and see it as a commodity you want to sell.  We know this can be difficult when your life is reflected in your home, however it is important to be honest about how your home looks and how it should look when it goes on the market.

Your home’s appearance and condition play a big role in the sale process more today than ever. With the internet and all of home renovation programs people have easy access to, it can set high buyer expectations.  Many buyers want a home they can move right into, especially if they are under short time constraints.

Selling price is determined by a number of factors including previous sales of comparable houses, how many other homes similar to yours are currently on the market, and the condition of your home compared to your competition. Some of these factors are out of your control but you can control how your home looks when it hits the market. You only get one shot at a first impression so now is a great time to

de-clutter and touch up that paint!  

When you decide to work with an agent you should choose someone you feel comfortable with and trust to have your best interests at heart.  We can answer your questions and concerns and provide referrals for staging, mortgage brokers, home inspectors, real estate attorneys, and pretty much anything else you may need in the purchase or sale of your home! We are your advocate and guide through the process.   

Happy House Shopping!!

Karin & Jen