5 Reasons Why You Should Use a REALTOR When Buying and Selling A Home
5 Reasons Why You Should Use a REALTOR When Buying and Selling A Home: Whether you’re buying or selling a home it can be quite an adventurous journey. This why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.
The 5 reasons you NEED a real estate professional in your corner haven’t changed. Rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.
1. What do you do with all this paperwork?
Each state has different regulations regarding the contracts required for a successful sale. These regulations are constantly changing. A true REALTOR® has the experience to guide you through the stacks of paperwork necessary to make your dream a reality.
2. Ok, so you found your dream house, now what?
There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before? Wouldn’t you like someone who knows what these actions are, to make sure that you achieve your dream?
3. Are you a good negotiator?
So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.
4. What is the home you’re buying/selling really worth?
It is important for your home to be priced correctly from the start to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to the National Association of REALTORS, “the typical FSBO home sold for $185,000 compared to $245,000 among agent-assisted home sales.”
Get the most out of your transaction by hiring a professional.
5. Do you know what’s really going on in the market?
There is so much information out there on the news and the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively, and correctly, price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?
5 Reasons Why You Should Use a REALTOR When Buying and Selling A Home
Dave Ramsey, the financial guru, advises:
“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”
Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.
Bottom Line
You wouldn’t replace the engine in your car without a trusted mechanic. Why would you make one of the most important financial decisions of your life without hiring a real estate professional?
[afview]
Senate Approves Fiscal Cliff and Includes Extension of the Mortgage Debt Tax Relief for Short Sales
Early this New Years morning, the Senate approved the budget to "avoid" the fiscal cliff that would have lead Americans into a financial tizzy. As long as the House votes this in, we're all good. Meaning? If you sell your home for less than what you owe, Short Sale,...
3 Government Programs That Help Distressed Homeowners
Housing Preservation Foundation The Housing Preservation Foundation has a website that provides information on the foreclosure process. Distressed homeowners can log into a 24-hour online chat session to connect with a housing counselor. The counselor can help the...
10 THINGS YOU SHOULD NEVER DO IF YOU FALL BEHIND ON A MORTGAGE PAYMENT
10 THINGS YOU SHOULD NEVER DO IF YOU FALL BEHIND ON A MORTGAGE PAYMENT If you are a homeowner having trouble paying your mortgage please know that you are not alone! There are tens of thousands of property owners across the United States who have missed their payments...
California Program Gives Money to Homeowners in Need During Short Sale Process
California Homeowners need money for moving after a short sale try “TAP”
Notre Dame BCS Ranked #1…Congratulations!
11 Straight Wins! A Little plug for the Alma Mater: With the losses of Oregon and Kansas State, mayhem has now ensued at the top of the BCS standings, and the national title picture is officially wide open. Notre Dame has the inside track to reach the national title...
Bank of America Closing More Short Sales to Fulfill Legal Woes
This just broke from USA Today... BofA admits that it is fulfilling it's obligation of Billions owed in legal penalties to the US Government and the families it damaged for its malfeasance in the collapse of the housing market. Read on... By Kris & Kim Darney...
Our Riverside Short Sale Nightmare…Press Enterprise’s Dan Bernstein Helps Out!
One of our listings in Riverside County has been under the scrutiny of the Riverside Press Enterprises Award Winning Columnist, Dan Bernstein. Our client has been the victim of State wide cuts in both area of employment (works for a local school district that made...
Fannie Mae Streamlines Short Sales Even More!
Announced today... Fannie Mae. the government agency that backs millions of home mortgages announced that it is delegating authority to it's mortgage backed servicers and banks to make quick decisions as it pertains to short sales and not having to seek Fannie Mae...
FREE California Short Sale Legal Advice
Free Online Short Sale Legal Assistance http://www.avvo.com Do you get what you pay for? That is yet to be determined. By Kris and Kim Darney
Short Sales Preferred over Foreclosure by California Homeowners
The latest results are in... California Association of Realtors states that Short Sales Reach and all time high in September 2012. number 24.3%. Real Estate Owned (Foreclosures) fell to 12.3% By Kris and Kim Darney READ THSI ARTICLE by DS News.com While distressed...
Housing Worse off Now Than in 2008…More Short Sales Needed?
We have seen a massive decline in home values resulting in the worse housing market on record. Signs from a recent report from RealtyTrac show that housing prices are stabilizing however, that many communities are struggling with high unemployment that is affecting...
We Can Accomplish Anything When We Want to…
Red Bull Stratos, MACH 1.24, Supersonic,FELIX BAUMGARTNER, 834 miles per hour
OCWEN Buys Homeward Residential Holdings and 422,000 Mortgage Loans
Ocwen Financial Corporation ($28.96 0%) will buy Homeward Residential Holdings from private equity firm WL Ross & Co. for around $750 million total. Homeward Residential Holdings is a mortgage servicing and origination business. The deal is equal to approximately...
Homeowners with 2nd’s with Bank of America May be eligible to Have Them Be Expunged!
Borrowers with second liens owned and serviced by Bank of America ($8.93 -0.03%) may qualify to get their subordinate debt extinguished entirely. The banking giant mailed 150,000 letters to pre-qualified homeowners who are eligible to have their Bank of America...
In-N-Out Heiress Lynsi Martinez Spends $17 Million on Bradbury Digs
Not sure if her parents would approve... Mz. Martinez, the ordained head of the best hamburger int he Free World, In-N-Out is blowing through her wad of cash buying lavish homes throughout the LA Basin...including 2 mansions in neighboring Glendora (my home town and...
California Home Prices Up! More Short Sales
Declining inventory helps explain why the statewide median price of an existing, single-family detached home rose to $343,820 in August, up 3 percent from July and up 15.5 percent from August 2011, according to C.A.R.
Home Prices Rise in August 16% Year over Year…More Short Sales
Existing home sales and home prices both improved in August, with sales rising 7.8 percent on a seasonally adjusted annual basis. According to information released this morning by the National Association of Realtors® (NAR) August was the sixth consecutive month for...
Fewer Mortgage Defaults For the 8th Straight Month
First mortgages defaulted at a 1.4% rate in August, down from 1.92% one year ago, according to S&P and Experian. Fewer borrowers defaulted on their first mortgage than for the eighth straight month, according to consumer credit data from Standard &...