Buyers: Resolve to Get Your Financial House in Order
One of the first things you should consider when planning purchasing a home is meeting with a mortgage professional. Look up your credit score and perceive what your financial situation may look like to a lender. Identify any credit issues you may have and take the necessary steps to fix them. It can take time to see your FICO score move up to your desired number but it is worth the wait. With a better FICO score you can get a better mortgage rate which will save you money. Your real estate agent can suggest a local mortgage professional. Being able to meet with your mortgage professional in person can be very helpful because many real estate deals are made on relationships.
Sellers: Resolve to Think of Your Home as a Product
When you are ready to sell, your home becomes another product on the market. Competing properties in the area will be compared to your home. Homes that are priced and show well will sell the quickest so it is important to put your best foot forward. Pricing can be determined once you are ready to sell but in the mean time you can get your home to its best showing potential. Getting rid of clutter and making things up to date can make your home show better. Consider getting a storage unit to store items that you don’t plan on using in the near to distant future. If your home needs to be painted it is good to start getting bids from painters now to stay ahead of the game. Sprucing up your home before you plan to sell it can help you spread the cost of repairs over several months.
Buyers: Resolve to Start Feeling Out the Market Early
Learn the market ahead of time because it takes some time. Understanding home values and average prices in neighborhoods can help you take a step in the right direction. All of this can be learned by going to open houses and it can even help you find an agent that best fits you.Once you find an agent, it may take several offers before you get into the home that best fits you. Having your agent help you compare and contrast homes you have visited to what you truly want so they can best help you find your dream home.
Sellers: Resolve to Understand Your Timing and Exit Strategy
Planning a purchase and a sale at the same time can be very difficult. Your real estate agent can help you make a decision on the best course of action to take to fit your budget and timeline. Whether you can afford to close on your new home before selling your current one can be difficult decision. Buying and selling at the same time can be very stressful in more than one way but planning ahead can help save you some stress.
Buyers and Sellers: Resolve to Engage an Abbitt Real Estate Agent Now
Finding and engaging a real estate agent with Abbitt Realty early in the process of purchasing or selling a home allows you to have an expert whenever you need them as you make decisions. Your Abbitt Realty agent should do more than just show and sell homes; they can be your strategic advisor long before a sale or purchase. Sellers should us our Abbitt Realty agents to get your home and listing in order. For buyers our Abbitt Realty agents’ experience and knowledge can ultimately save time and money as well as advise you through the process all the way to closing.