FAQ

Well, you instinctively started correctly. I can answer a lot of your questions and guide you through the entire process. The first step we do is get you in touch with a very good lender with the ability to do multiple loan programs. There is a perfect fit of financing for every buyer, and it is the job of the lender to make sure you are getting the best program and the best rate at the least fees.  And it is my job to make sure you are in contact with good, honest and productive loan officers.

Zillow has improved greatly in their accuracy of information, but they aren't 100%. Some of the homes that are still on their site have already sold, or are not on the market yet but look like they might be. So the best way to search is on my website:  lauriecannon.net and enter your criteria.  That will give you the most up to the minute info on all active listings in our MLS.

That category is a relatively new category, and it is only seen in the MLS by Realtors.  It is so they can tell their clients that these "coming soon" listings will be available and when they are anticipated to hit the live market. So it makes it all the more important that I know what you want!  This way when I see that hit the "Hot sheet", I can send it to you and your are ahead of the game.  No more new listings selling before you can get in them!

Well, we have seen some Buyers have to look in a lower price range if they are very monthly payment driven.  Of course, a higher interest rate will make a difference in that and some Buyers; although qualified for higher, do not want to overextend. They are wise in that regard.  We are seeing some houses sit a little longer and also more reductions in our list prices than we have seen in the past couple of years.

Very good question and kudos to you for wanting to be at your best when you hit the market!  You will do better with certain things like a thorough cleaning inside and out, maybe some new carpet, or fresh paint... so before we list, I will preview the property with you and we will discuss what I think needs doing and then match that with your budget to maximize the "bang for your buck".

If you are able, it is always best to do any inspections before you list! If there is any chance there may be repairs needed, or a potential monetary consideration in lieu of repairs, better to know before you have committed to a sales price. And, it might make buyers more comfortable in making a higher offer if they know they won't have major post settlement repairs or replacements to do.

Absolutely. In the past few years with the competitive Buyers market, we haven't seen it as much, but it is definitely coming back.  VA loans are the best and if you are a Veteran (thank you for your service), that is a fabulous 100% loan (no down payment required) and you can ask the Seller for up to 6% help in closing costs!!  The next best is USDA which is also a 100% loan and 6% help, but it has higher fees  and there are other programs as well.  Make sure to have some cash on hand for some inspections though and for a good faith deposit. But you won't need much to actually pay a lesser monthly payment than rent now a days.

The answer is 'it depends' if your home has older components that are near the end of their life span but still working, it might be a good idea to offer it with the listing. However, if the buyer is going to switch out those old components as soon as they settle, then that money might not be worth coming out of negotiations right off the bat. Talk with your Realtor about the pros and cons and maybe letting it be known that you would do one with an acceptable offer.

No, if possible, vacate the home for showings. Buyers want to have the ability to walk and talk freely and it is in your best interest to let them have that time to explore with their Realtor.  Also, sometimes the Sellers; in trying to be helpful with information, can say too much and scare off a Buyer.  So please leave and if they do have any questions, they can ask their Realtor to ask your Realtor.

While it is all right to visit Open Houses and look around online, be aware that the homes you are seeing today will not likely be available when you are ready to purchase, and prices may change during that time.  Before you are ready to buy, you may want your agent to set you up with email alerts for listings in your price range that fit your criteria.  These handpicked listings will be better suited for you, and can help you get a better idea of the market for when you are ready to buy.  I'd love to help you get started, don't hesitate to reach out!