Buying a home is a major investment. If it is your first time, you should always get in touch with your real estate agent for useful insights. It is quite easy to make mistakes especially if you’ve never had any experience in buying a property. The services of a real estate agent may just be the key to sealing a nice deal. Of course, there are some pre-requisites in buying a home. One of them is having a home inspection done before you sign anything on paper. This is for your own good and for your money.
Reasons why you should have a home inspection before buying a home
You get to have a way out
Any real estate agent Myrtle Beachwould advise you on having a home inspection done before you come to a final agreement with the seller. Why? The answer is simple. You get to have a way out in case the current state of the home does not match with the seller’s asking price. A home inspection will let you in on the current state of the home. In case you are not satisfied with the inspection report, you can always back out of the deal since there’s no contract holding you back just yet.
An inspection is not that expensive
When you put it into perspective, getting a home inspection is not as expensive as buying a home that comes with a lot of repair costs. Depending on the size of the house, the inspection price may vary. However, the results will pay for the costs. If the reports come positive, you can proceed with the deal and back out otherwise.
Uncover potential safety issues
After the inspection results come in, you can determine whether there are safety issues inside the house that makes it not worth purchasing. Buying a home without an inspection is like driving a car with a blindfold on. You really can’t see what’s coming until it hits you hard. A general rule for purchasing any real estate is to make sure you invest in the right place and that’s done through checks like a home inspection.
Uncover structural issues
Structural issues are something that you generally want to avoid. The problem with it, though, is that you really can’t see it without an in-depth inspection. It’s only through an inspection that you can get a full sense of what the house is made of and how it was constructed. Forget about all the cosmetics. What’s really important is how sturdy the house is. Your real estate investment will go down the drain if you fail to do these checks before buying.
There are more safety measures that will keep you on the right track. You should be working with Full Potential Real Estate, LLC if you want to buy a home that’s worth your money. Don’t scrimp on such services as it will be vital in your real estate investment and your future home.
Looking for a good place in Myrtle Beach? Hire Full Potential Real Estate and find your dream house in no time!
To buy real estate is the largest single purchase most people will make in their lifetime. When you commit to buy real estate in Myrtle Beach, you should be as educated about the process as possible. It pays to be cautious, yet proactive. A single mistake in the process to buy real estate can cost thousands, if not hundreds of thousands of dollars.
One of the best things you can do when you buy Myrtle Beach real estateis to select a good real estate agent. A real estate agent will not cost you any money upfront, as he or she is paid by the seller out of the proceeds of the sale. The services that a good real estate agent provides are priceless. It would be a mistake to try to purchase a home by yourself without representation. To try to save a 4% commission and use it to save 4% on the purchase price of a house is a foolish strategy some people play. If you have little or no experience in the real estate field, the results can be catastrophic. Purchasing a home involves a lot of complicated rules, contracts, disclosures, and other minutiae that the average person just doesn’t have the time or experience to navigate.
Better yet, find a good buyer’s agent, like Cheryl Woodward with Full Potential Real Estate, when looking to buy real estate. An exclusive buyer’s agent represents only buyers and never the seller. By selecting an exclusive buyer’s agent, he or she will make sure that your interests are protected. When purchasing a home, you can expect the process to have a hiccup somewhere down the line. To have a smooth purchasing experience from beginning to end is the exception rather than the norm. An exclusive buyer’s agent will help you get through these problems, as well as dispense advice so that you can make a good decision when the process takes a bad turn.
When you have your agent selected, you should select a good mortgage company before you buy real estate. Select a mortgage company separately from your real estate agent. Some agencies have in-house mortgage companies and other related services. Be wary. The best financing terms to buy real estate can be found on your own without the help of your agent or his brokerage. Shop around for a mortgage company and pay special attention to the fees being charged, not just the interest rate. The best mortgage will have the most advantageous combination of rates and fees, coupled with good service throughout the life of the loan. Before you make an offer to buy real estate, have a pre-approval in-hand. Not only will you gain leverage for negotiating the terms of the purchase, but you will also shorten the lending process dramatically by handling many of the details up-front.
7 MISTAKES MILLENNIALS MAKE WHEN BUYING A HOME
Millennials– they’re the generation between 18 and 35; the new young experts; the current grads, and they’re also entering into the real estate market in droves. Typically, they’re newbie property buyers, which means that they have the prospective to make mistakes in the home-purchasing process.
Here are the leading seven blunders millennials make when they acquire a new home.
It doesn’t matter if you are a part of this generation or you simply want to make your home search successful, these suggestions will help you to obtain your dream home.
Blunder # 1: Not Getting Pre-Approved
Your search for a new home should never start with searching for listings online. If you’re serious about purchasing a new home, start by meeting with a mortgage provider. Although that appears in reverse to several newbie homebuyers (“Why would I speak to someone concerning getting money for a house I have not located yet?!”) it will help you in the future.
When you get pre-approved for a home loan, it implies you have actually met a lender and also showed them your credit report, financial debt, income, and possessions in order to offer an image of your finances. With that information, they will prepare a pre-approval letter– something that tells you what you potentially qualified for, however, isn’t an assurance of a loan. Myrtle Beach buyers agent looks for a pre-approval letter when working with you since it shows you’ve done your homework and you recognize your spending range. Sellers take into consideration a pre-approval letter with every offer because they recognize there’s a much better chance of you actually getting the home loan to buy the residence.
Blunder # 2: Not Working with A Real estate agent
In the age where you can acquire virtually anything on-line, lots of millennials think that they could acquire a house through an on-line listing company. They look at Zillow, Realtors.com, and Trulia, discover the perfect residence and also call the listing agent.
Stop right there. This isn’t to insinuate that looking online isn’t a wonderful suggestion to see exactly what sort of residences are listed in your price range. Actually, it’s a superb method to be prepared to seek the sort of home that’s in your spending plan, consisting of size and location. Nevertheless, if you think you can do all your house buying by yourself with the internet, think again.
When shopping for houses online, you’re not truly obtaining the full image or bottom line price. The house may have smells, creaks, or sights that you’re not seeing while taking a look at the images on the listing. Not only that, if you’re interested in a residence and connect to the listing agent, but they’re also not going to have your best interests in mind. They’re legitimately bound to the seller, so you could not get the very best deal. That’s why it’s very important to first talk to a home loan lender to see just how much you could manage, and afterward collaborate with a real estate professional, like Full Potential Real Estate, who can help you avoid paying lavish amounts of cash and also walk you through different choices of residences that are within your price range.
Error # 3: Getting Even more Home Than You Could Manage
While looking online for a home, another blunder millennials make is checking out the projected home loan repayment as well as thinking, “Hey, I could pay for that!”
A lot of times, the monthly home mortgage price on the listing does not take into consideration insurance coverage, taxes, HOA costs, Personal Home mortgage Insurance policy if your deposit is less than 20%, or other energies and also upkeep expenses. Getting a house price is a lot more than the dollar amount detailed there– it’s costly as well as if you wind up buying more residence than you can manage, you run the risk of coming to be “house poor” swiftly. That indicates you pay even more cash month-to-month for a house compared to you could fairly afford.
Lots of mortgage lending institutions will pre-approve you for a home loan that’s much more than you really can pay for on a month-to-month basis. You can’t rely upon them to give you an accurate quantity of money that you’ll be spending every month on your residence. You need to do the research on your own. Take a look at just how much cash you spend on food as well as transport. After that, take a look at just how much you’d be investing in an insurance policy, tax obligations, closing costs, and maintenance. Include a bit for financial savings, just in case, and you have a better image of your spending plan each month. If you could pay for everything that enters into a home, you’re ready to acquire. If not, you may start taking a look at homes in a lower price range.
Error # 4: Not Looking for A Home loan
When you find a home, make an offer, and start the closing process, you should look around for a home mortgage. Numerous newbie property buyers think that they need to go with the lender that gave them their pre-approval letter. Not so! You could shop around for the best rate of interest and also terms that fit with you as well as your budget. In fact, not shopping around for a mortgage can end up costing you countless dollars in interest.
Error # 5: Not Attending A Residence Assessment
This is one of the greatest blunders you can make when purchasing a house. If there’s one point you taken from this short article, let it be this: participate in the home evaluation. Do not let your real estate professional go without you to evaluate the assessment. Do not send your mother or brother or second cousin on the home assessment. Take the time and walk through the home with the house inspector. Actually, make certain you’re involved with the entire process, including employing your very own personally vetted assessor, walking through the residence with the inspector, asking them inquiries about the state of the house, as well as lastly reading the assessment report.
Why is this such a sticking point? A home’s worth isn’t almost the property it sits on– it’s also the state of the appliances, systems, as well as the foundation that makes up the home. If the roofing is failing, you’re most likely to end up spending significant amounts of cash on it earlier rather than later on. If the heat pump does not work properly, you’re going to have to shell out a great deal of money to change that. You need to be informed regarding just what you’re getting yourself into when you buy a house; just what prices you can expect in the future and exactly what components of the residence should be repaired or changed by the seller (or the price reduced) prior to you go through with a sale.
As a side-note, if your real estate agent informs you a house guarantee will cover most of the issues in the house assessment, they are misinformed. A lot of home warranty companies will not fix or change broken-down systems that we’re falling short in-home evaluation. If there’s something incorrect, get it repaired prior to you acquire!
Error # 6: Not Obtaining A Residence Warranty
That being said, you’re not likely to discover a residence in absolutely excellent condition, specifically if it’s not a recently constructed home. Homes wear out as well as break down. Make sure to request a residence warranty throughout closing. Although it isn’t likely to cover every item, it can supply significant financial savings for new individuals when something falls short from typical wear and tear, and it will. Some home warranties cover for lack of maintenance, corrosion, or debris in the hot water heater– all traits that might not be located with a house inspection yet could create systems problems and home appliances to fail. This is when you will be glad you had a home guarantee– you don’t need to spend hard-earned money to replace something when the seller didn’t maintain the system appropriately. It’s a good fail-safe.
Error # 7: Not Factoring In Resale Value
Ultimately, when you acquire a home, think about the resale value. Unless you are a millennial who has a whole lot more money compared to the rest of us and can afford to get your dream residence in the initial go-around, the chances are that you’ll be listing it sooner rather than later. Look for something that can increase equity (you could obtain new carpets, wood floors, or granite countertops) and that will certainly appreciate in time (the area is up and also coming brand-new stores, and also dining establishments are appearing around it). Guarantee that when you get, the cost will rise over time, so you could sell it for a greater profit than the amount you purchased.
There you have it, seven errors you could currently combat as you purchase a home for the very first time. Use these tips to guarantee your home-buying encounter goes as efficiently as possible!
Always consult with a Myrtle Beach Real Estate agent before making an offer on a new home. You can save thousands of dollars down the road. Contact Full Potential Real Estate for a no-obligation consultation.
When you’re selling your home or other real estate property, you don’t have to know everything about the process. It does help to have practical knowledge of the terms that come up during the process. Keep in mind, these aren’t intended as “be-all, end-all, penultimate” definitions. They’re working definitions for pragmatic folks. Let’s go…
Myrtle Beach Real Estate Terms
1) Acceptance – A legal term referring to the acceptance of a buyer’s offer by the seller. Acceptance is often preceded by a number of counteroffers between the parties.
2) Appraisal – a professional opinion of the value of the real property. A real estate agent can provide you with an approximate but it will be the job of the appraiser to put the right value. Most jurisdictions have careful rules defining who may call themselves an appraiser, and most lenders have a “stable” of approved appraisers whom they use regularly. Typically, the lender making the new mortgage loan will require that the property appraises for at least as much as the purchase price. Occasionally, a buyer will require the same thing in an all-cash transaction.
3) Bridge Loan – Short term loans used to “bridge” any time gap between the sale of a home and purchase of the next one. These loans can be valuable when escrow is delayed on the sale of a home and the seller has committed to the purchase of another home. Bridge loans are also known as “panic loans”, but can be a lifesaver. Should you need help with purchasing a home, you can always count on Full Potential Real Estate.
4) Coinciding Settlements – when a buyer needs the funds from the sale of his prior home (which is under contract to be sold) in order to purchase his next home, he may well make settlement under his sale a contingency for settling on the home he is purchasing. In reality, the sales don’t usually coincide. They usually take place back to back. Funds from the first are often wire transferred to the second.
5) Closing – Depending upon the state you live in, Closing can have different meanings. Generally, the closing of a Myrtle Beach real estate transaction refers to the exchange of necessary documents, execution of the same, and transfer of money.
6) Comps – This term refers to the sales prices of similar properties in the area of a house in question. Comps are used to help determine the fair market value of a property.
7) Conditions – any conditions which must be met before the sale can be consummated. Some typical conditions include things like the property’s appraising for the purchase price or more, the property’s being in good condition when a home inspection is done, the buyer’s loan is approved.
As you can imagine, there are many real estate terms for which you have a general understanding.
Buying or selling a home can be confusing. Call Full Potential Real Estate before you make any final decisions. Having an experienced Myrtle Beach Real Estate Agent on your side can make all the difference.
An expert real estate agent in Myrtle Beach will agree that the key to quickly selling a home is proper staging. When a home is properly presented to its target buyers, it will receive lots of purchase proposals. And the seller’s problem will be deciding which proposal to accept.
Remember that each buyer is looking for something specific in each house they look at buying. On the other hand, if you know who your target buyers are, you will find something in common among them and you will be able to effectively stage the house so that what they are looking for is highlighted and focused; thus, enticing them more to make that offer.
There are certain important things you need to remember when staging a house that you are selling.
Increase the curb appeal – Keep in mind the saying, “First impressions last”. This applies to houses as well and buyers make their first impressions the minute they step out of their cars and set foot on the driveway. The first thing they will see is your lawn; thus, you want to make sure that they will like what they see.
According to your local Myrtle Beach real estate agent, you don’t have to do a major renovation or spend a fortune on your landscaping. Simply tidying up your flower beds, mowing your lawn, and cleaning up fallen leaves and debris will do the trick. Just keep in mind that your front yard should be as presentable as the rest of the house. Also, do not forget about the repairs that need to be done. Some buyers not only look at the lawn, but some also spend time to check whether the sprinklers are actually working or not.
Keep the house clean and tidy – A listing agent can only do so much to help you out. Selling a home that is clean and organized is easier than selling ones that seem to be forgotten and untended. Of course, buyers will want to buy a house that they can easily continue to maintain and take care of. They are not looking for a house that will take them days or weeks to tidy up. Plus, all the debris and clutter are covering the true beauty of your home. No one appreciates a dirty house. This is why it is important that you keep the house clean and tidy at all times. Keep in mind that some buyers come unannounced, so you want to make sure that the house is in tip-top shape at all times.
Do not just focus on cleaning floors and cabinets. Make sure there are no stains on the carpet and there are no unpleasant odors throughout the house. Making the windows shine as well as the kitchen and toilet fixtures sparkle also adds to the natural beauty of the house. These home staging methods will make the house seem newly built and; thus, more buyers will want to make an offer.
Avoid doing major renovations – These will only cost you a lot of money that you are not sure you can recover after selling the house. Keep in mind that what seems beautiful and appealing to you may not be the same with your target buyers. They have their own style and design that they want to do with the real estate they are buying. If you are keen on doing renovations, focus on more important ones such as replacing worn-out flooring and damaged fixtures, repainting, making repairs.
Refrain from buying furniture – A home rarely sells because of the furniture in it, unless the furniture is included in the deal. According to Full Potential Real Estate, when selling a home, you should focus on highlighting the best feature of the house. Such as the fireplace or the spacious family room. Furniture and decorations are there to complement the space. Adding too much of it may divert your potential buyers’ attention from the real and natural beauty of the house. And you want them to see that because that is the primary reason they are looking to buy a house. Furniture and decorations, they can always go out and buy them after moving in.
For more staging tips to help you in selling a home, call Full Potential Real Estate, LLC today.
Whether you are working with a trained and skilled real estate agent in Myrtle Beach or not, you should still take your time when buying real estate property. The home buying process can be complicated so you will need to dedicate sufficient time and effort to proceed with it and achieve success.
Considering this, it is important for all homebuyers to take their time in the home purchase process. Here are some of the top reasons why.
Mortgage rates are constantly changing.
Before rushing to get your mortgage approval in preparation for your home buying process, you might want to slow down and spend some time studying and learning about the current mortgage rate trend. Do not forget that in the world of real estate, mortgage rates are constantly changing and you want to get your approval when they are low. Work with a real estate agent in Myrtle Beach to help you determine the right time to apply for mortgage approval.
You need to be hands-on.
Although you are working with your real estate agent, it is essential that you are hands-on and present in all aspects of the entire home purchase process. You will have to make all the decisions and the job of your real estate agent is to guide you and provide you with all the information and documents that you need in order to make a smart home purchase decision. This is why you will need to take your time in reviewing all the necessary documents and contracts. You may seek the opinion and recommendations of your real estate agent but the decision will come from you alone.
There are lots of potential houses and homes for sale to choose from.
One of the most tiring aspects of the home purchase process is house hunting. There are lots of available homes for sale in the area where you are planning to buy and you want to take your time looking at each potential house to make sure it will suit you and your family needs. Do not rush the entire process by randomly choosing a house that seems beautiful, convenient, and economical. Remember that there are lots of factors that you need to consider when choosing a home for your family. So do not base your decision solely on price or the style of the house.
You need to check out other nearby neighborhoods.
Your real estate agent in Myrtle Beach will provide you with a list of neighborhoods that you can buy from aside from the one you are currently looking in. It does not hurt to have other options that you can check out and consider. This way, you can be sure to find the most appropriate house for you and your family. As a result, you will not have to settle for something that is just right for your budget but is not compatible with you and your family’s needs.
A home purchase is one of the huge and critical financial investments that you will make. So be sure you spend lots of time considering all the available options for you. A huge amount of money is at stake, so you want to be sure you are making the best decision for you and your family.
Things to consider before investing in real estate
Many Myrtle Beach buyers agent highly recommend conducting research on the neighborhood where you are looking to purchase a property before you make an offer. Keep in mind that this is where you will be living in for the coming years and it is important that you ensure you will have a peaceful and comfortable life in the neighborhood.
This becomes even more important if you have children in the household. You want to ensure their safety and consider their needs are met in the neighborhood. Is their appropriate security in the neighborhood? Is it located near parks and other recreational areas? Is there a nearby daycare center where you can leave your smaller kids while you go to work?
Home buying is a huge financial investment that you make and you need to be entirely sure about the house that you are buying and the neighborhood that you are buying in before you sign the contract.
Researching the neighborhood not only entails searching through Google or browsing through the neighborhood’s website, if they have one. There are other simple things that you can do in order to learn more about the neighborhood before you make a real estate purchase.
Strike up a conversation with other homeowners in the neighborhood
Where else can you get first-hand information about the neighborhood than from its residents, right? So, the next time you visit, strike up a conversation with one of the resident homeowners. Introduce yourself and let them know you are planning to buy a home nearby and that you would like to learn about living in the neighborhood.
Inquire about any potential problems or issues that the neighborhood may have. There are lots of things you can ask them about. You can ask about any recent robberies (you can also check this out on your local news station website), garbage collection schedule, the best utilities to use, and even their recommended plumber or handyman to work with. Just remember to not be intrusive when asking your questions. Remember that you are seeking information and asking for their opinion.
Visit multiple times a day and on different days of the week
This is your best chance to get a feel for the neighborhood. This will help you determine whether or not you will feel comfortable and secure living in the neighborhood. Plus, this will help you adjust better and more easily when you move in should you proceed with buying in the neighborhood. You could ask Full Potential Real Estate to fill you in on the area.
When you visit, the things you are looking for are the activities in the neighborhood at different times of the day and different days of the week. You want to know when the noisiest part of the day is and when the busiest day of the week is.
Take a peek at the local neighborhood newsletter
You will know from your Myrtle Beach buyers agentwhether or not the neighborhood has its own local newsletter. If it does, ask for the most recent copy. You are basically looking at the crime news and statistics in the neighborhood. This is particularly helpful if you have kids in the household. You want to ensure their safety and that they are going to grow up in a peaceful community.
Researching about the neighborhood before making a purchase is just part of the process you need to take in order to ensure that you are making the right buying decision. Work with a trained and licensed realty professional to help you obtain all other information that you need to learn more about the property that you are buying and the neighborhood you are buying from.
For all of your real estate needs in the Myrtle Beach area, call Full Potential Real Estate for the best services around.
According to many real estate experts, the best and easiest way to quickly sell Myrtle Beach homes is through proper staging. Aside from being able to sell quickly, the proper staging also helps to improve the value of a home. There are different ways of staging a home. Some require you to spend money such as renovations and home improvements. Others, on the other hand, require your time and effort. Keep in mind that you do not have to spend a lot of money on staging the house that you are selling. Sometimes, you only need to do some cleaning and organizing. Simply rearranging the furniture and adding or removing decor can effectively stage your home.
Below are some staging tips that you can consider for your Myrtle Beach homes for sale.
Get rid of all the clutter. Clutter not only means the dirt inside the house. Clutter can also be your unused tools, the pile of mail and letters, all those extra utensils, and other unnecessary items that no one is using. According to expert real estate agents, one of the primary causes of clutter is having too much furniture. To get rid of clutter, you can start with reducing the furniture inside the house.
Start with the ones that you are no longer using. If you are having difficulty deciding which ones to remove, think of the things and items in the house that you can live without. Remember that the primary goal of staging is to make the house look bigger and more spacious and you can do this by removing some of the items that you no longer use and need.
Repurpose furniture. You do not have to get rid of all the extra furniture. Try placing them in a different room. For example, that extra armchair may cause the living room to look crowded but it could make your bedroom look more comfortable. Also, that old dining table can be repurposed to a writing desk or library table that you can place in your home office or study room. You can add lamps and other decorations on it so people will know its purpose.
Transform all space into useful rooms. If you have closets that are not being used and are only accumulating junk, dust, and debris, it is time to transform it into a beautiful and useful space. Keep in mind that many homebuyers will be looking at all spaces in the house, including that forgotten closet, the basement, and inside the cabinets when they come in for a visit. Thus, transforming all spaces into useful rooms will help sellers better prepare their Myrtle Beach homes for sale.
First, clean the unused room and use your imagination on how best to use that room. For example, you can transform that unused closet into a mini library or a reading nook. Or you can also make it into an extension of the kids’ room where they can stash their toys. The basement, if cleaned and decorated, can be transformed into various types of rooms: an entertainment room, yoga or workout studio or playroom. Really, all it takes is your imagination and creativity.
Ensure proper lighting. Do not forget that proper lighting is what makes a house look comfortable and welcoming. Thus, make sure that you have at least 100 watts of lighting for every 50 square feet of space in your home. Also, use more than one or two lighting fixtures in each room. Combining different types of lighting fixtures, such as task lighting, ambient, and accent lighting will provide each room with a more warm and inviting effect.
Staging options to consider when selling a home
The first thing your Myrtle Beach real estate agent will tell you when you are selling a home is to properly stage the house. The primary reason for this is because staging has been proven through the years to help easily and quickly sell a house, regardless of its location and age. With proper staging, any house will look appealing and attractive to its target buyers so that it will sell faster and at a higher price.
Unfortunately, many home sellers think twice about staging their homes. Quite often, a Myrtle Beach listing agent would advise you to prep your home before selling. Most of them associate staging with spending money on major renovations. In reality, however, staging does not cost a lot. In fact, there are homes that are staged appropriately without requiring a single dime from the seller. Keep in mind that the goal of staging is to showcase its beauty and make it irresistible to home buyers. This can be easily achieved without spending a lot of money.
Below are some staging options that you can consider when selling a home in Myrtle Beach. These do not cost a lot of money. On the other hand, only one will fit your needs and budget.
Professional consultation – A professional stager knows how to efficiently stage a home so that it will effectively attract its target buyers. At first look, they can tell you what your home needs such as a new paint job, landscaping, or organizing of your furniture and other stuff. If you have a professional look around the house, they can also suggest converting a room into an office or guest room depending on your target market.
Remember that the key to successfully staging a home is to keep the needs and wants of your target buyers in mind. You are staging the house for them, to attract them. That is why it is necessary that you focus on their needs. If you are targeting small families, you will have to make the house look child-friendly. There should be enough rooms for all the members of the family.
Partial staging – This includes a little bit of staging work on the home and is highly recommended for homes that are still in tip-top shape. If your house is just a few years old and is relatively new, you do not need a lot to do to be able to make it presentable to home buyers. But because you are targeting specific home buyers, you need to make the house appeal to their needs.
Partial staging basically includes converting one bedroom into a home office if you are targeting young professionals or vice versa if you are targeting small families. It can also include removing or replacing some furniture to make the house more presentable and attractive. Other times, a house only needs a thorough cleaning and some organization.
Full staging – This type of staging is recommended for homes that need some repairs and renovations before being listed on the market. In addition to this, investing in new furniture is also necessary before selling a home. When doing a full staging, on the other hand, many listing agent would recommend focusing on the kitchen and bathrooms as these are the rooms that most home buyers will primarily look at. And oftentimes, these rooms are the decision-makers for the home buyers. How they see the kitchen and bathroom will make or break their decision to buy the house. For all your needs when selling a home, hire experts like Full Potential Real Estate, LLC.
However you choose to stage your home, it helps if you work with a professional. Call Full Potential Real Estate, LLC now for professional assistance in staging and selling a home.
Walking through Myrtle Beach homes for sale is not sufficient for buyers to see all the flaws the house has. Although you as a buyer are already aware that the house you are buying is not perfect, you still want to have it inspected by a professional home inspector to be sure which areas need repairs and replacement. Any real estate agent would recommend you to do so.
Although the results of a home inspection can help you to possibly lower the final price of the house or obtain discounts from the seller, a home inspection is also a way for you to get to know your future home better. Because having Myrtle Beach homes for sale professionally inspected is an additional expense in a real estate purchase, you only want to do this when you are very sure about your choice of house.
To maximize the benefits of a home inspection, here are some tips that you can consider the following.
Hire a licensed and trained inspector – Make sure the inspector that you will hire is licensed and trained. If you do not know where to look, you can ask for recommendations from your real estate agent. You should hire an inspector that has experience with the same type of house as to the one you are buying. Moreover, the inspector should provide you with objective observations on the house and should not make you worry about the results of the inspection. Full Potential Real Estate recommends hiring a reputable inspector for the task.
Write down your questions and concerns – As you go through the house for the first time, you will surely have a lot of questions, which an inspector can help you answer. Write down your questions on a piece of paper and bring it with you when you meet with the inspector. It helps if you discuss these with the inspector before the actual inspection so the inspector knows what he specifically needs to focus on when he goes through the house. You could ask your buyers agent to help you find a reliable inspector if you haven’t already found one.
Ask if you can go along in the inspection – There are inspectors who prefer to work alone but there are also others who will allow the home buyers to go with them in the inspection. Your Myrtle Beach real estate agent would also advise you to go along with the inspector if you have the time. Ask your inspector politely if you can go with him in the inspection. This makes it easier for both of you to discuss the results of the inspection since you were there to witness it firsthand. Plus, coming along with the inspection gives you the opportunity to learn more about the Myrtle Beach homes for sale that you are considering buying. Thus, you know where to go or what to do should there be an emergency.
Create a maintenance plan – There is another good use for the results of the inspection other than lowering the price of the house. After the inspection, the report that you will receive from the inspector can help you to create a maintenance plan for the house.
Keep in mind that certain parts of a house can easily break down or wear out when no one is using and maintaining them. Some of the necessary maintenance tasks that an average home needs include replacing or cleaning plumbing valves, changing the filter in the HVAC system, and monitoring leaks.
Depending on the results of the inspection, you will know which areas need regular maintenance and what your home will need to ensure its efficiency in the future. More specifically, you will know what you need to in the coming months to keep your home in the utmost condition. Knowing this now will also allow you to prepare for it financially.
Need professional assistance looking for Myrtle Beach homes for sale? Call Full Potential Real Estate today!
There are lots of homes for sale that you can buy and flip to earn extra money. Even though it is currently a buyer’s market and considering the market has stabilized, many experts believe real estate investors can still make profit from buying and selling houses. The key to successfully buying and selling homes regardless of the state of the market or the price range of similar houses in the same area is being extra careful and vigilant.
It also helps to learn and follow some useful tips in buying and selling Myrtle Beach homes. If you are considering entering the real estate industry and start to buy and sell homes to make extra profit, here are some tips that can help you succeed.
Invest in repair tools and equipment. If you see yourself buying and selling homes for a long time, you should consider investing in home repair tools and equipment as well as learning basic home repair skills. This will help you save money on contractor costs, especially if you plan on buying fixer-uppers. With the right tools and necessary skills, you can buy an affordable house and make some repairs to bring up the price and make it look more appealing to your target buyers on your own. As a result, you can quickly sell the house at a higher price and instantly get your profits.
Spend a lot of time on research. Many real estate experts believe that it is extremely important to learn everything about available homes for sale. If you know the house you are planning to buy, you are more likely to sell it quickly and more effectively. Moreover, before buying a house regardless of whether through a short sale or not, it is important that you know the house inside and out so you know who to market it to. Targeting the right buyers is also one of the keys in effective buying and selling of real estate properties.
Opt for a house in foreclosure or short sale. If you want to earn more, you should opt to buy and sell a house that is in foreclosure or offered via a short sale. In today’s market there are fewer foreclosures and short sales but they are still available. The only thing you have to worry about is how you can make the home buying process easier and faster. You can do so by working with a real estate agent in Myrtle Beach. Make sure that you work with a real estate agent who has years of experience in this specific type of real estate transaction. Full Potential Real Estate has years of experience buying and selling homes in foreclosure as well as in short sale transactions.
Always think that home prices will not easily increase in a couple of months. Most often, home prices do not easily or quickly increase from the time you bought a house by the time you put it back in the market. Thus, if you want to quickly sell the house as soon as you bought it, do not expect to receive high profit if you are not going to make some improvements to the house. Think of the money you spent improving the house as part of your investment. If you target the right buyers, you will be able to easily sell the house at a higher price and earn your profits.
Call Cheryl Woodward today if you are looking to work with a reputable and experienced real estate agent in the Myrtle Beach area.
Considering the wide and easy access to listing information and historical data about homes for sale via the internet, you might not think about working with a real estate agent. You can easily get a hold of all the information that you need about the house you are considering buying by simply searching through the internet.
Despite this, you still need to work with a realtor. Here are the top reasons why.
You do not know what to do next. If this is your first time buying a home, it is even more important for you to consider working with a real estate agent. Even if you have researched about the house you are thinking of buying and have introduced yourself to the seller, you have no idea what to do next to best secure and close the deal. If you work with a Myrtle Beach Real Estate Agent, they will assist you in the following steps toward buying and owning the house.
Keep in mind that realtors belong to a professional network that makes it easy for them to secure certifications and referrals, get quick approval on loans and mortgages and obtain the necessary information to help entice the seller to sell the house to you. These connections, skills, and knowledge have been obtained by an agent who has gone through extensive years of training and experience in helping buyers purchase their dream homes.
The house you want to buy looks too good to be true. If you have found the house that you want to buy but you think it looks too good to be true, you definitely need professional assistance from a realtor like Full Potential Real Estate. An example of a house that looks too good to be true is one that is appropriately priced considering the neighborhood but has been in the listings for months now. If you think to talk to the listing agent will clarify your qualms about the house, you need to think again. Do not forget that the listing agent is the seller’s agent. Thus, he will only tell you details and information that will further prompt you into buying the house.
The only way for you to be sure there are no hidden flaws in the house you are considering buying, you need the assistance of a buyers agent. Most of the time, the listing agent or the seller’s agent will hold back information about the house especially if it will make you think twice about proceeding with the purchase. Your realtor will provide you with all the information that you need to confirm that the house is indeed a great deal. Do not forget that realtors belong to a network where they can easily access information about homes for sale.
You are currently in a financial crisis. If you unexpectedly found yourself in a financial crisis while you are in the middle of your purchase process, a realtor can help you accelerate the purchase process so that you can move away from your old house and start a new with your new dream home. The skills and connections of a realtor especially help in quickly obtaining necessary and helpful information about the house as well as approvals for licenses and loans, where applicable. Working with a realtor, you no longer need to spend hours studying the market and scouring website after website to look for information that can help you get a better and more informed decision about the home purchase.
Call Cheryl Woodward today if you are looking to work with a reputable and experienced real estate agent in the Myrtle Beach area.
A lot of U.S. states have implemented social distancing guidelines which makes it harder for the normal real estate practices to resume. Selling or buying a house isn’t like what it was a few months back. Nowadays, most real estate agent and sellers are have innovated, making full use of the internet and platforms that provide a gateway for both parties to continue the business. However, not everyone is aware of how to fully exploit online home selling.
Here are ways you can sell your home online:
Find a reliable real estate agent that you can trust
Establishing this first step is essential. You must take into account the fact that you can’t do everything on your own. Micromanaging is fine but it won’t make selling your home any faster. You need to find a helping hand that you can rely on. Of course, don’t just hire any Myrtle Beach real estate agent, you should hire the best. Since COVID-19 has disrupted the real estate market, here are a bunch of factors to consider when hiring a real estate agent:
They must have experience in selling property virtually.
They must use specialized software.
A solid market plan is necessary
A clear line of communication between you, them, and the buyers.
List your home online
Nowadays, conventional house viewing will no longer suffice. You might need to hire a professional photographer to take pictures and videos of your property. You then have them edited and listed online. It will also be useful to host online meetings via Skype, Zoom, Google Hangouts, or any other conferencing platform. This will help you and potential buyers to reach a deal without even leaving the front door.
Keep your home presentable
Even though the listing will be done online, it is imperative that the house be cleaned and made presentable at all times. This is to ensure that any online conferencing be done in the best way possible. Taking live videos of your home would also be more enticing to buyers if it was clean and everything is in place.
Have your home inspected
You will still need to have your home checked by a home inspector. However, it won’t be the same as usual. You could opt to have your home inspected without you being there. Also, social distancing and other health safety protocols must be applied. If the inspector does not have any protocols in place, give them yours.
Assessing home value
The Federal Housing Finance Agency has allowed for home appraisals beyond what is normally used. Alternative appraisals are not used. Even the home inspector’s report can be used to gauge the value of your property. You could hire the Full Potential Real Estate, LLC to help you with this part of the process.
Filtering potential buyers
According to the National Association of Realtors, a listing agent may limit showings to pre-qualified buyers. However, this will only be possible through the proper procedures which are to ask buyers for a pre-qualification letter.
Need professional assistance looking for Myrtle Beach homes for sale? Call Cheryl Woodward now.