Monday, March 18, 2013

Your Home Search


NARROWING THE SEARCH 
 
“If you don’t know where you’re going ... you’ll probablyend up somewhere else.” Taken from a book title, this quote conveys a very simple message:To achieve an objective, create a plan!
If you plan to buy a home soon, you will need to know “where you are going.” For a most enjoyable home-buying experience, first build a road map to your new home, a list of priorities that will lead you to your objective—a newhome! 
The first priority is time frame. Write down the date by which you would like to move in to your new home. Keep in mind that it may take 30-90 days (or more) to locate the right home, secure financing, and complete the home-buying process. The next priority is to develop a detailed description of the home you hope to find. Your Realtor will be happy to go over the Home Search Criteria form to help you distinguish between “Need
to Have” features and “Want to Have” features. Be specific. Include architectural style, number of bedrooms and baths, location, lot size, and other special requirements. 
Number your preferences in order of greatest importance to you. This form, along with the information you share during your initial consultation, will enable your real estate agent to
narrow your home search. He or she will take this information and enter your requirements into the Multiple Listing Service (MLS) system, and then use personal market knowledge to come up with a list of homes that best meet your needs and wants.
During the home search, your real estate agent will: 
  • Discuss the benefits and drawbacks of each home in relation to your specific needs. 
  • Keep you informed on a regular basis. 
  • Check the MLS database and talk with other brokers regularly for new listings.
  • Prepare a list of all homes that best meet your needs and wants.
  • Keep you up to date on changing financial conditions that may affect the housing marketing.
  • Be available to answer your questions or offer assistance regarding your home purchase.
  • Discuss market trends and values relative to properties that interest you. 

Happy Home Buying... Your Friendly neighbor Real Estate Dre'

Andre Breaux
DRE# 01927537
916-335-8050
Keller Williams Realty

Wednesday, March 13, 2013

Know Your Home Value




As you may have noticed, more and more homes are flying off the market before they are even listed. Yes folks Sacramento and its surrounding counties has returned back to a all too familiar site before the economic downturn rocked the United States into financial complacency. 

Just in case you are wondering what i am referring to, I am talking about that good ole Sellers market.  The characteristics are all there.

  • High Demand
  • Low Inventory (Less than six months)
  • Homes selling for above asking price
  • Increasing median sales prices
  • For Sale signs are replaced with pending or sold signs within a few days. 
What does this mean for you the homeowner? What this means to you is if you were to list For Sale today especially in a highly desirable area, the negotiating power is in your favor and there is a good chance that you will create a bidding war between hungry buyers whose only desire is to own their own home. Another perk is that in the midst of all of the buyers who are financed through a financial institution you may even be approached by a cash buyer who offers the potential advantage of expeditious closing time.  

So with this being said its safe to conclude that due to possible sales in your neighborhood, It would be wise to look into the value of your home. The competition is as fierce as it has ever been in the Capital region. So to all homeowners who have been curious about how much they can possibly get on the market, I offer this simple gesture ....... Welcome to Life in a Sellers Market.

Blessings to all
Your Friendly neighbor...  Real Estate Dre.....

Interested in finding out your value or if you know of anyone looking to sell, Contact me today to schedule a listing presentation.


Andre Breaux
DRE# 01927537
916-335-8050
Keller Williams Realty