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Buying A Home? Ask These Questions To Your Buyer’s Agent

Buying A Home? Ask These Questions To Your Buyer’s Agent

There is a big difference between buying a home and putting it up for sale. The processes are different and you get a different feeling when you list your home for sale and actually buy a home. If you are thinking about buying a home, it is but natural to search for the best agent you can find. You can achieve this by working with a talented and professional buyer’s agent. But how can you be sure if you have the best? Truth is, there are no guarantees unless you actually talk with a buyer’s agent then you have a better possibility of employing the best. The procedure and questions you will ask a buyer’s agent are similar to a real estate agent but there are also some points that will be different. By following the series pointers we will be discussing in the next few blogs, you have a higher chance of finding a competent buyer’s agent. Questions You Need To Ask Your Buyer’s Agent When dealing with mortgage and financing, ask the agent if there is a need for a pre-qualification or pre-approval prior to taking a look at residences. When you are buying a home for the first time, the common topics are home loans and financing, and these topics are equally good to discuss with a buyer’s agent. Surely, the feedback you will be getting will differ from one person to another. Nevertheless, a reliable buyer’s agent will certainly address these concerns and answer you with a resounding, “yes.” You should understand that when acquiring a residence, a customer obtains pre-approved prior to considering residences. The reason behind this... read more
What You Need To Know About Real Estate Investments

What You Need To Know About Real Estate Investments

There’s more to the concept of property and real estate than just simply locating a house. There are various house categories as well as service buildings along with departments in the type of property that are readily available to others. If you intend to make some kind of financial investment in something that you recognize you could earn a profit from, then knowing the different types of real estate investment should help you. Investing in real estate start with two significant kinds: residential and business. Each of these has actually certain standards established which will certainly make a distinction in the features of the property. After you have identified exactly what kind of real estate you will be looking at, you would know just what type you will be investing in. Real Estate Investment Information Checking Out Residential Areas If you are checking out pure suburbs or residential properties, then you will notice that these properties are identified by the dimension or size of the home. Generally, this will certainly be called a solitary family member or multi-family house. If you are checking out a multi-family system, you could anticipate having next-door neighbors sharing the exact same wall surface as you, such as apartments or community houses. A solitary family members house will certainly be entirely independent and also will typically be formed in a different way due to the fact that the next-door neighbors cannot go across the backyard. Looking for Business Properties Business real estate is likewise separated right into a number of groups. These will certainly likewise commonly be described as business residential properties, and also will certainly vary from office complex to manufacturing sites. The distinction in between a service structure... read more
Be Wary of These Real Estate Scams

Be Wary of These Real Estate Scams

The evolution of the World Wide Web brought developments in various industries and the real estate industry is no exception. However, just as there are upsides to new technology, there come downsides where the homeowners suffer the consequences. Homeowners encountering repossession need to be alert regarding deceitful loan providers and also scammers. This does not mean that all loan providers and real estate agents are scammers, in fact, the majority of lending institutions and also companies are reliable and also legitimate. Nonetheless some loan providers, frequently bank loan providers use unethical practices just to acquire payment from homeowners. One of these techniques may include charging a huge amount in hopes that the debtor will certainly not have the ability to stay on par with the repayments, higher interest rate, factors or costs. Real Estate Scams You Should Know Equity Skim Property owners encountering repossession are usually targets of these fraudsters since they are looking for any kind of option feasible at the time. Among one of the most usual methods is an “equity skim“. This is when a buyer or buyers agent approaches you and also provides to obtain you from repossession buy settling the home loan or paying in cash when the residential or commercial property is offered. They will certainly commonly recommend you move out promptly and also authorize the deed over to them. With you thinking that the deal is closed, the fraudsters, on the other hand, are able to collect lease from the property but fail to pay the mortgage. Failure to pay mortgage means foreclosure. However, transferring the deed does not suggest you are no more obliged to pay home mortgage repayments. Phishing Scams Another scam that... read more

Real Estate Agent Tips on The Best Sources For Real Estate Listings

Now that you have identified your needs and fixed your budget, acquainted yourself with the real estate buying process and organized your finances, you are ready for the property hunt. The first step is to seek information on real estate listings from varied sources. When you search for real estate listings, you have to look at diverse sources, thus it is advisable to follow a systematic approach. When probing the market for real estate listings, check the list below. Where To Find The Best Sources For Real Estate Listings in Myrtle Beach Real Estate Agents These brokers provide an idea of the availability of real estate and their prices in locations of your preference. They also help you get the details of real estate listings recently launched by developers. These Myrtle Beach real estate agent also provide information on ready-to-move-in properties. Real Estate Companies You should get in touch with the builders to get updated on their current and forthcoming real estate listings. Interacting with the developers in Myrtle Beach will give you a good idea of the price you might have to pay for the property on the secondary market. The only problem is that for projects nearing completion, the developers may not have too many properties and these may not even be located to your preference. But it is also quite possible that you may get a better-located property at a lower price on the same project through a real estate agent in Myrtle Beach operating in the secondary market. Newspapers and periodicals Newspapers, especially real estate supplements, and other such publications are a great source for real estate listings. They also carry advertisement by builders... read more
Buyers Agent Myrtle Beach on What Home Buyers Want

Buyers Agent Myrtle Beach on What Home Buyers Want

From tiny houses to Smart and modern homes, today’s home buyers surely know what they want. In fact, according to the U.S. Census Bureau, houses constructed in 2012 were larger and also extra costly compared to residences that were built in the last couple of years. Even more so, home buyers today are extra mindful of environment friendly materials where they regard power efficiency and storage the most. Do you also have the same preferences when it comes to home buying? In a survey conducted by the National Association of Home Builders (NAHB) energy efficient homes was among the top choices by home buyers. Ninety-four percent of participants stated they desired energy Star-rated devices, while at least 91 percent preferred the entire house to be energy efficient. On the other hand, about 89 percent chose home windows to be energy efficient while 88 percent were content with just having ceiling fans installed. Home Buyer’s Preferences Each home buyer is unique and has a certain non-negotiable in mind. Perhaps buyers agent in Myrtle Beach should consider looking into. Below are some of the demands of today’s home buyers. Cost Savings VS. Energy Efficiency It must be a surprise how today’s generation of home buyers regard Eco-friendly homes in their choices. The truth is, it’s all about being cost efficient because the more energy efficient the home is, the more they save up on costly electric bills. Based on the same survey by NAHB, 67 percent of participants claimed they were worried regarding the house’s influence on the atmosphere, however, they would certainly not pay even more for it. Nevertheless, 73 percent concurred that future... read more
Myrtle Beach Real Estate Terms — From Home Inspections to Personal Property

Myrtle Beach Real Estate Terms — From Home Inspections to Personal Property

When buying or selling a residential or commercial property in Myrtle Beach, it always helps to have a basic understanding of realty terms. Home Inspections Myrtle Beach Real Estate Home Inspection — an examination of the condition of a home. They are done room by room, from roof to foundation, and include looking carefully at things like pipes, heating and air conditioning, bathroom and kitchen sinks, as well as tubs, and faucets, and any appliances which are included with the sale. The basic idea is that the home inspector is trained to spot issues that typical Myrtle Beach property owner or buyer is likely to miss. This inspection is not intended to point out repairs that the current homeowner can see for themselves and should have disclosed in the listing or things that should be obvious to a buyer such as the color of the paint or the conditioning of the carpets. Home Warranties Home Warranty Policy — insurance coverage which pays for repairs to the working systems (heat, cooling, plumbing, and so on) and home appliance repair during the very first year of home ownership. Policies will vary. Generally there is a deductible amount. They can be bought by the buyer or by the seller for the buyer. Power of Attorney Limited Power of Attorney — a document  which provides another person the legal capability to act for and sign papers for the buyer or seller in connection with the purchase and sale of a particular real estate. (An example of this occurred last summer when a friend of my kid’s offered his other half a minimal power... read more
Rules When Working With A Myrtle Beach Real Estate Agent

Rules When Working With A Myrtle Beach Real Estate Agent

To ensure a successful real estate transaction, you will need to be able to collaborate with the Myrtle Beach real estate agent. A strong and trustworthy working relationship with the realty professional will help ensure a successful real estate venture. To help you with this, below are some tips you should consider: Always show respect Even though they are technically working for you, it helps if you treat your Myrtle Beach real estate agent as your partner. Keep in mind that you may not be the only homebuyer the agent are working with. Thus, you should always show respect and common courtesy whenever dealing and meeting with the agent. If there are any changes with your schedule, always inform the agent ahead of time, especially if you are going to be late in or have to cancel one of your meetings. Always inform the agent so they can adjust their schedule for you or you can reschedule at a more convenient time for the both of you. Implement proper open house protocol When working with a real estate agent, there is a specific protocol that you should follow when attending open houses. Bear in mind that there are open houses where your real estate agent should go with you. There are other open houses that you can go to even without your real estate agent. When going to an open house without your real estate agent, make sure the agent hosting the open house knows that you are already working with an agent. You can easily do this by handing over your agent’s business card. It is always best... read more
Beware 5 Landscape Problems When Buying a Myrtle Beach Home in 2017

Beware 5 Landscape Problems When Buying a Myrtle Beach Home in 2017

Looking to purchase a Myrtle Beach home in 2017 and you’re overwhelmed by options? You’d like a location that includes a nice spacious yard … however beware! You may experience some unforeseen landscaping issues. Although they may not be offer breakers, the following landscape issues can effectively add to the cost of your Myrtle Beach home purchase price, along with adding a heaping helping of hassle. Big Gorgeous Trees In the Myrtle Beach area large oak trees are beautiful and charming. However, an extremely shady yard will make it hard to grow anything but trees. Turf, many flowers, veggies and such requirement sun in order to prosper. Even worse, a large tree implies an expansive root system which can cause problems to underground water and sewage pipes. In addition the roots can lift or crack driveways and sidewalks and contribute to foundation damage. As we experienced last fall with Hurricane Matthew, large trees can be uprooted and cause damage to roofs and crack windows. A Completely Flat Yard While a backyard that’s as flat as the proverbial pancake would make trimming the lawn a lot easier, this benefit typically comes at a cost. The soil surrounding your dream house structure will get filled during heavy rain unless the ground slopes gently downward away from the house, with a minimum drop of approximately 6 inches for every 10 horizontal feet of yard. When there is standing water it will seep into the concrete and can cause foundation fractures which can be a big expense. In most instances, insurance will not cover the cost. A Steeply Sloping Lawn The reverse of... read more
A To-Do List Before Buying A Home

A To-Do List Before Buying A Home

The process of buying a home is truly exciting for first time homeowners. Browsing through photos of all the different houses for sale, contacting the seller or owner and visiting the house are just some of the first things that come to mind after deciding you want to become homeowners. The most fun part for you in the process is imagining yourself in that new home you’re looking at….no doubt a great inspiration! There are a couple of things a homebuyer should do before browsing homes for sale, however, and these things primarily focus on preparing yourself financially. According to experts, mortgage loans today have become more complex with more restrictions and requirements. Homebuyers need to provide more proof that they can afford to buy a home. This does not only benefit lenders and home sellers–it’s also meant to benefit buyers, particularly to help protect them from bad lending practices. It’s so easy to get caught up in the moment and go into debt with a mortgage you can’t really afford. In the past, banks and lenders have not been very responsible in preventing this, which is ultimately what led to the housing market collapse in 2008. This is why it is important for most of today’s homebuyers to be able to secure their finances and prepare financially before jumping into the fray of the housing market. Here is a simple to-do list to help you be financially prepared: Finish tax filing Keep in mind that one of the things that a lender looks at is your most recent tax returns. The primary reason for this is because this... read more
Home Buyer Tips in a Sellers Market

Home Buyer Tips in a Sellers Market

Home buyers definitely want to get most out of their deal. But what happens if you decide to buy a home in a seller’s market. Each time you try to buy a home, it’s either already under contract or you lost in the bidding. Based on the National Association of Realtors statistics, the average price of homes increases about 5% each year. There are several ways you can still get a great deal in a seller’s market. You can either trust your real estate agent or make sure you’re always on the lookout for the next great deal. Here Are Tips From Other Home Buyers Who Got a Great Deal Cash is King.  If you’re up to buying a new home in a seller’s market prepare some cash. Dana admits she bought her very first home with cash. She says it’s the best deal she got so far. However, you also have to remember to keep your options open and stick with your budget. However, if paying in cash is not an option, try getting a loan approved by legitimate lenders. Sure you may not have the cash, but having an approved loan puts you in a better position as well. A Sense of Urgency. At this point in time, being aggressive and having a sense of urgency matters most. Do not set aside viewing a home and wait until the weekend. Who knows, that house you’ve been dreaming of may be sold by then. It is important to practice a sense of urgency, go ahead and view the seller’s home at once and make a good offer while you’re at it. Your offer will... read more