Buyer & Seller Resources
Buyers & Sellers
Whether you’re a first-time buyer or looking for a space better fit for your needs and desires, it’s natural for you to have some questions about the process. Here are some tips that might help you get a better grasp on what to consider before buying a home.
First, Talk With Your Bank
For all homebuyers but especially for first-timers, it’s incredibly important to talk with a bank before you even begin looking at homes. A mortgage professional will help you understand everything you need to know about budgeting and financing, and they’ll help you figure out how much you can actually afford when buying your home. Do not skip this step!
Renting vs. Buying
Not sure if you should buy or rent? This decision is unique for everyone, and while buying a home may be a wise decision in some circumstances, renting may be equally worthwhile in others. For instance, if you’re only planning to stay in a home for a short period of time, renting is a good option with low commitment. When you rent, you also don’t have to worry about handling home repairs and maintenance.
However, buying a home is often a great financial decision. You benefit from equity and tax breaks while taking pride in being an accomplished homeowner! What’s better than living in a space that’s completely your own and able to be improved however you see fit?
The Best Time to Buy a Home
It can be difficult to decide when the right time is to take the plunge on a new home. Sometimes, there’s no clear answer and you just have to take the leap. But, there are some things to keep in mind before you commit to your home.
Before you buy a home, ensure your income is steady and reliable and that you’ve saved enough money to secure a down payment. Likewise, it would be worth your while to work on improving your credit score and creating a financially-sound budget.
If you’re ready to sell your home, making sure you’ve done your research will help smooth out and expedite the process with the greatest return. Check out the tips below and let us know (link to Contact Us) when you’re ready to start selling!
The Best Time to Sell Your Home
Similar to deciding the right time to buy a home, figuring out the right time to sell your home can be tricky, what with the fickle nature of the real estate market. Generally speaking, the spring months are the best, most popular times to sell your home. However, in some instances it might be better to wait until the fall or winter. It all depends on competition and buyer proliferation. When in doubt, call our office at 336-978-9357 (click to call) and we’ll help you make a sound decision!
Preparing Your Home to Be Sold
Before you list your home for sale, there are a few things you need to square away. You want to ensure your home is shown in its best possible light so you have the greatest chance at closing on a sale. Whether it’s installing new flooring, painting rooms, keeping it clean and pristine, or stocking up on some fragrant air fresheners, you want to make sure your home is attractive and inviting.
What to Disclose to Potential Buyers
When you’re selling your home, it’s helpful to think about what you would like to know as a homebuyer interested in a prospective property. You certainly don’t want to ignore any flaws within your home that could be deal breakers to potential buyers. If you’re aware of any issues that you can remedy before you put your home on the market, that is the best case scenario. But if you can’t, make sure you let the buyers know before problems arise down the road.