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Seller Tips Category

Time to sell your house in East Cobb!

If you have been thinking about selling, now is the time.  Inventory levels are low all across Atlanta, but especially low in East Cobb.  Buyers are looking now to take advantage of the low interest rates and I do believe they are starting to realize that the market is in transition and in the sought after areas of East Cobb in the Walton, Pope and Lassiter High School districts, there are not enough homes on the market in these areas any more to be considered a buyers market.  Now is the best time to sell in years, and I am not exactly sure if this is here to stay or not. So take advantage of this time, if banks release more foreclosures in the coming months, we may be right back where we started.  For now the grass is greener in the real estate market. Don’t miss out on this.   It’s time, call me today at 770-354-0243 to get your home on the market today!

Great Secret in the heart of East Cobb

There is a great hike right in the middle of East Cobb off of Lower Roswell Rd across from the Ashforde Subdivision and many people don’t even realize it is there.  Take a look and call me today for other great tips about living in East Cobb! 770-354-0243

 

Sell before buying or buy before selling?

When it comes to buying and selling real estate, timing is of the utmost importance. Unfortunately, it’s also a topic few people truly understand. The following are some tips to keep in mind when making your decision.

Sell before buying or buy before selling? It’s an age-old question, but asking a few strategic questions might enable you to narrow your decision down to the right choice for your individual situation.

Is selling or buying a necessity or do you have some flexibility? Job relocation, change of marital status or other life situations often require a relocation within a specified period of time. Equally important are the needs of the other party. I will work with you to help you understand the opportunities and limitations of both sides in order to create a win-win situation.
Buying before selling typically benefits those who simply must move or relocate within a specified period of time and who are unable or unwilling to lease or rent. It is also a popular option for those seeking an exchange of property under Section 1031 of the U.S. Internal Revenue Code or for those who are attempting to minimize taxation via other deals. Can you obtain financing or afford to carry both mortgages for any period of time? If so, you may have a little more flexibility at your disposal.  We can discuss leaseback or other temporary terms.  It’s often possible to use these when negotiating terms.
Selling before buying can benefit those who are unable to obtain financing with an existing mortgage in place or who wish to use cash proceeds from the prior sale to fund repairs, renovations or an entire purchase.
In many instances, it is possible to arrange a simultaneous closing for both the home purchased and the home sold with contingencies that reflect this situation on both transactions. Call me today at 770-354-0243 to discuss your next move or email me! I look forward to hearing from you!

When your selling your home, have it at its best for showings

Sellers, this is for you.

Have your home in perfect showing condition if you want to sell it.   I was out this past weekend with a buyer and we went into at least two listings where the seller’s home looked as if they had no idea we were coming to view it.   The bed was unmade, cat and pet hair everywhere, dishes in the sink,  paperwork left all over kitchen counter… and on and on.  I am really astonished when I walk into these homes and wonder what the seller is thinking, or better put, what the seller is NOT thinking.  You are selling your home and it is now a product, a product in the marketplace competing against other homes. You want a buyer to buy your house but you don’t even make up your bed?!

Buyers are spending 100’s of thousands of dollars on their home and they want it to feel good when they walk in, they want it to look good, be clean, smell good.  They really want a “model ”  home feel in a resale home.  If you are thinking of selling, call me today, I will let you know what you need to do to get your home ready for market,  and beat out the competition to sell yours first, for the highest and best price.  And yes, I will ask you to make your bed 🙂  Call me today at 770-354-0243 or email me to get your home on the market today!

Inventory levels are down! If you want to sell, do it now!

If you have been thinking of selling, now is the time.  The summer is here, people  move now before fall when the kids go back to school.

There is a lot of talk that the banks have been holding back foreclosures not to flood the market with too many at once and drive prices down, right now foreclosure inventory is only 16% of the market, this is much lower than this time last year.  It was around 25% of the market at this time last year.

What does this mean to you as a home seller?   Get your home on market now, let’s get it sold before the banks release the back logged foreclosures on their books, you never know there may be one in your neighborhood that could bring your value down when it sells, so now is the time!

Call me today at 770-354-0243 to find out what your home may be worth and for your free neighborhood report of activity that is happening on your street and community.

Memorial Day Weekend, Kids out of School, Time to put your house up for sale!

This weekend is always nice, it is the sign that summer is starting, kids out of school, beach trip awaits and…..it’s time to put your house on the market for sale.

If you have been thinking of selling and think that you have missed the spring selling window, I have news for you.  This is an awesome time to sell.  Many folks don’t even think about moving until the kids are out of school, graduation has happened etc.   Families like to move in the summer because it is good timing for their kids and their lifestyle. This summer is especially good time because interest rates are so low and inventory levels have dropped 30% from last  year at this time.  If you have a shining star of  a home and need or want to move.  Don’t wait!  We can have your house sold and and have you moved into  your new home BEFORE school starts in the fall.

Call me today at 770-354-0243 or email me to discuss what your home may be worth and selling it this summer!

The Stats are in, We are in a Changing Market!

The 1st quarter in real estate was the best quarter in 4 years.  The numbers are showing that it looks as if we hit the bottom of the market in January 2010.

Inventory levels are down 30 % over this time last year!  Less homes for sale creates more demand and homes are selling faster.  In one price point –under $200,000  in all areas of metro Atlanta we are officially in a sellers market! This means that we have less than 4 months of inventory on the market and buyers are actually competing for homes!

There are pockets of Atlanta such as the Walton High School district that is in a sellers market from  under $500, 000

Another interesting stat is that short sales now make up 26%  of the market and foreclosures are down and represent 16% of the market.  Distressed homes represent 42% of the market overall, this is across all areas of metro Atlanta.

What does all this mean to  you?  If you have been thinking about selling, now very well be the time.  And if you are a buyer, there is going to still be  a window of opportunity to get some great prices and interest rates are at an all time low.  However this window will be closing, buyers have been on the fence for a long time and it will not last.  This market is in transition and then it will seem a slow one at first and then before you know it, buyers will be COMPETING  for houses.  So don’t wait, get into this market today.  Call me at 770-354-0243 if you are thinking of buying or selling, we can discuss your goals and see if this is the right time for you to sell or buy!

Don’t wait, Warren Buffett  says In the business world, the rearview mirror is always clearer than the windshield 🙂

Does Verbal Count in a Real Estate Contract?

The resounding answer is NO, if it is not in writing and signed by all parties then it does not exist.  Of course verbal conversations are an important part of the negotiating process between all parties, the buyer with their agent, the seller with their agent , the two agents working to bring two parties together while representing the clients best interest.

Also when things are only negotiated verbally, mis-understandings happen and what the buyer or seller thought was the agreement may not be at all what the other party thought, that is why it is so important to clearly state all objectives, and consequences if the party does not adhere to the contract.    This is a big transaction and it is super important that all time lines are met and that the written contract is clear and concise.

If you are thinking of buying or selling, call me at 770-354-0243, I promise to work in your best interest and make sure the contract is clear, and you understand what you are signing 🙂

What is Due Diligence Anyway?

Real estate contracts change every year and one question that many sellers and buyers don’t understand it the “due diligence” part of the GAR (Georgia Association of Realtors) contract.  The contract states “Contract is an Option Contract”  Subject to a Due Diligence period of _____ days –the blank is negotiated between the buyer and the seller.  Buyers like longer periods of due diligence and sellers like shorter periods of due diligence.  This is the time when the buyer performs all his inspections, surveys, radon tests, termite inspection and any other items that they want to know about the neighborhood.  I suggest to buyers to drive through the neighborhood at different times of the day, make the drive to their work to see how long the commute is.  Poke around and talk to the neighbors, they are a great source of information.    The contract is an option contract during the due diligence period , the buyer can terminate without penalty at any time for any reason during the due diligence period.  The seller really should not feel they are on their way to being sold until they are through that period of due diligence.  The buyers and sellers have to negotiate and agree on all inspection items during this time frame.

If you are looking for an agent who works in YOUR best interest and who understands the contract, hire me! I am here to guide you through this process making sure you completely understand what you are agreeing to, this is a big transaction, make sure you have someone knowledgable to help you make the best informed decision!  Call me today at 770-354-0243 and I’ll be happy to discuss with you how I might be able to help you.

 

Be # 1 like Bubba Watson

I love watching The Masters, it is almost always exciting and especially when someone who has never won it  before wins!  Even if you  are not a golf fan, it would be hard to not be moved by the level of emotion that he had when he knew he had it won after the playoff!

Buying or Selling a home can be the height of emotion as well. It is one of the most expensive and emotional transactions most people go through in their lifetime.  It is important to have someone by your side who is knowledgeable and can help you through all the many processes that happen to get the transaction closed.  I would like to be that person, a solid and clear headed agent who will work in your best interest so that you can know on the day of closing that you are #1 and that you have accomplished your dreams!

Call me today at 770-354-0243 or email me to get started today on your hopes and dreams of selling or buying a home, or both!