1.01.2008

FAQ

Following are some of the most commonly asked questions - and the answers!

Potential Home Buyers
What is my credit like?
When should I start improving my credit?
How do I improve my credit
What about agencies that offer to help?
How else can I plan ahead?
Where do I want to live?


Potential Home Sellers
What type of marketing will you do for my home?
What can I do to prepare my home for sale?
What things do buyers want most?
What are some of the benefits of listing with a realtor?
Should I sell my home myself?


Q: What is my credit like?
A: You can find the answer to that question for FREE! Simply go to www.annualcreditreport.com. You have access to your credit report from all three agencies once a year for free.

Q: When should I start improving my credit?
A: Time is money. And nowhere is this more true than with your credit. If you haven't already, get your free credit report and start working on improving your credit TODAY.

Q: How do I improve my credit?
A: There are many ways to improve your credit and some may not be what you think.
  1. Do not start closing out all your credit cards. This is one of the most misunderstood things about credit. The longer you have held an account, the better.
  2. Do pay off your balances.
  3. Dispute anything on your credit report that is not accurate.
  4. Do not be late on any payments. Sign up for electronic reminders if they are available and pay everything on time.
Q: What about agencies that offer to help?
A: Some of these agencies are very helpful but beware - there are MANY that are fraudulent. Do extensive research before signing up with any of them. Feel free to call me and I will help you find one that is legitimate.

Q: How else can I plan ahead?
A: In the past you could get a loan with no money down. The past is the past. Now, the smart thing to do is to plan ahead and budget money every month toward your future home purchase. There are some rural loans that will let you buy in certain areas with zero down, but even with those you will most likely have to pay for closing costs. Feel free to call me for additional information on those loans and how much to expect to pay at closing based on what you will be looking for.

Q: Where do I want to live?
A: That will be up to you! But I can help you gather information that will help you decide. There are many links in the sidebar that will give you additional information for the local towns. Also, drive around if possible to different areas and get a feel for them. That way you will also be able to tell how close or far away they are from where you drive regularly. I can also email you listings from different areas of town that will give you a feel for price. Bring a notebook with you and start to compile information on your likes and dislikes. I look forward to working with you in finding your new home!

Q: What type of marketing will you do for my home?
A: There has been a pyridine shift in how buyers look for homes. Ten years ago buyers would look at the paper real estate section and then drive to open houses. Now, as you can imagine, things are quite different. Today's buyers are very actively searching on the internet and a strong internet presence is essential to sell today. That is exactly the type of marketing I offer. You will not only be on the MLS, but on multiple high volume real estate search engines. I will also keep you posted on the kind of traffic that your home has been having online.

In addition to the above I have had professional experience in the fields of photography and graphic design. You will have light, crisp and appealing photos both on the web and on eye catching color flyers at your home.

Q: What can I do to prepare my home for sale?
A: In the buyer's market that we find ourselves in currently, this is a very important question. Sprucing up your home's curb appeal and continuing the appeal inside is essential. If you are even thinking of selling, the first thing you need to do is start de-cluttering. Take one room at a time, and start donating anything that you really don't need. Deep cleaning one room at a time is also important. Do you have little maintenance projects you have been putting off? A buyer will not feel good about a home that is in disrepair. Make a list and start getting them done. I will help you look at your home through a buyer's eyes and help you make it as appealing and welcoming to your perspective buyers as possible!

Q: What things do buyers want most?
A: The three most important things are LOCATION, PRICE and QUALITY. We'll discuss how to accentuate the best of those three things with your property.

Q: What are some of the benefits of listing with a realtor?
A: Here are just a few of the benefits you will receive when you have a licensed broker list your home and work with you to get it sold.
  1. You will have a professional looking out for your best interests, in what could be one of the biggest transactions in your life.
  2. You will be provided with the legal disclosures and documentation needed in order to sell your home.
  3. You will have help in negotiating favorable price and terms, just as your buyer will surely be having their own professional, on their side, doing the same for them.
  4. You will have professional help in preparing your home and marketing it to a large source of buyers.
  5. You will have the peace of mind in knowing that you don't have to worry about scheduling and attending showings, and the professionals that will be showing your home will be screened to confirm that they really are real estate agents.
  6. You will be provided with detailed feedback to make any adjustments to further the successful sale of your home.
  7. You will have help in working out any problems that come up with a 'notice to inspect' or other issues.
Q: Should I sell my home myself?
A: That is something that a lot of people want to try (including myself, before I entered real estate). If you want to try, by all means go right ahead - if you have time. Be aware that over 80% of all For Sale By Owner listings do eventually list with a realtor after they have tried it themselves. And remember that if you do a FSBO, to get other agents with buyers to show your home or direct buyers to your home, you will need to pay the customary coop fee. That fee is usually around 3%. So you will be paying 3% and be doing all the work yourself. If you do list with a realtor, you will typically pay 6% and have all the benefits listed above and more. So you should look at the numbers and decide if it is worth it to you or not to save that other 3%.