Annie Hart Cool - Sotheby's International Realty ®



Posted by Annie Hart Cool on 3/6/2019

Buying a home is one of those things in life that requires you to take a certain order of steps to complete the process. First, you’ll need to save up some money for a down payment and all of the other costs that go along with buying a home. Next, you’ll take a look at what you can afford and perhaps get pre-qualified. Then, you’ll hire a realtor and begin searching for properties. Finally, you’ll make an offer, sign for the mortgage and close on the home. After that, you’ll probably buy some furniture and paint the walls to make yourself feel at home. 


Would you ever dream of making that big home purchase without actually seeing the property first? One of the most time-consuming parts of the home buying process is that of viewing homes and visiting property after property. 


There are actually many reasons that a buyer might buy a property without seeing it first. With the Internet, it’s fairly easy to get an idea of what a house might be like. Too, if you’re an investor, it’s sometimes worth the gamble to scoop up a property at the right price in order to score a great deal. 


It’s also usually not detrimental to buyers who are trying to get a home in a high competition market to go after places they really love immediately. The early bird does get the worm, right?


Foreclosed Properties 


Properties in distress may be in poor condition, but for the right buyer can be a great deal. Banks want to get rid of these places as soon as possible due to the expenses incurred by keeping them. 


Pre-Construction Properties


Not all properties that are bought sight unseen are fixer uppers. Some properties can be bought in the pre-construction phase. These homes haven’t been built but are already on the market available for purchase. Many times, buying properties this way can be cheaper than buying the new construction home after it’s built. 


The Risks


There are obviously many risks to buying a home sight unseen. First, pictures can be deceiving. You never really know what you’re walking into until you see it. Photographs can easily hide major damage. Until a home is physically inspected, you may not know what the costs will be to repair it. 


The same risks apply to new construction homes. The layout of the home may not be what you’re looking for, or the home may not include the features that you want.


When you do decide to buy a home sight unseen you need to weigh the risk versus the reward in the transaction. It can be a valuable decision, in the long run, to take a chance on buying a home that you haven’t been able to physically inspect.       

 





Categories: buying tips  


Posted by Annie Hart Cool on 2/27/2019

With 24 hours before you finalize your home purchase, you might feel a mix of anxiety and excitement.

What will it be like to finally own a home? How will the home closing process go? And what will I need to do to ensure everything goes seamlessly as you wrap up your home purchase? These are just some of the common questions that homebuyers consider in the hours leading up to a home closing.

It is important to prepare as much as possible before you complete a home purchase. Lucky for you, we're here to help you do just that.

Let's take a look at three tips that you can use to get ready to finish a home purchase.

1. Get Your Paperwork in Order

You may need multiple forms of identification and other essential documents when you close on a home. Thus, you should put together a folder of any must-have documents at least a day in advance.

If you find that documents are missing, retrieve them as quickly as possible. Also, try to get multiple copies of important documents if you can.

When it comes to getting ready for a home closing, it usually is better to over-prepare. Therefore, if you plan ahead as much as you can, you'll have all of the documents you need to complete the home closing process without delay.

2. Finish Any Last-Minute Packing

After you finalize a home purchase, you'll be ready to move in to your new home. As such, you should ensure that all of your belongings are packed up and ready to go.

If you're vacating an apartment, ensure that you've notified your landlord and provided sufficient notice about your upcoming move. That way, you'll be able to finish your rental agreement on good terms with your landlord.

Also, if you need extra help for your move, be sure to reach out to a moving company or family members and friends. And if you require a moving truck, don't forget to rent one in the days leading up to your move.

3. Consult with Your Real Estate Agent

The day before a home closing can be stressful, particularly for first-time homebuyers. If you have any concerns about the home closing process, be sure to consult with your real estate agent.

Your real estate agent likely has been a life-saver throughout the homebuying process thus far and will continue to assist you in any way possible. If you have questions about the home closing cycle, your real estate agent will respond to your queries immediately.

In addition, your real estate agent can teach you the ins and outs about what will happen before, during and after a home closing. He or she will explain what to look for during a final home walk-through, what home closing forms that you'll need to sign and what to expect after a home purchase.

Streamline the home closing process – use these tips, and you can get take the guesswork out of finalizing a home purchase.




Categories: Buying a Home   buying tips  


Posted by Annie Hart Cool on 1/30/2019

If you plan to pursue a house, you likely want to enjoy a seamless homebuying experience. Although you may take extra steps to err on the side of caution as you explore myriad homes, there may be times when it helps to be an aggressive homebuyer.

Ultimately, there are many reasons why you may want to be aggressive and try to accelerate the homebuying journey, such as:

1. You're facing a tight deadline.

If you have only a certain amount of time to buy a house, it may be a good idea to be aggressive. That way, you can accelerate the homebuying journey and acquire your ideal residence before time runs out.

For those who are facing a tight deadline, you may want to stay on top of new houses as soon as they become available. Fortunately, if you work with an expert real estate agent, you can do just that.

An expert real estate agent can keep you up to date about houses that fall within your price range and are located in your preferred cities and towns. As a result, this housing market professional can help you secure your dream house faster than ever before.

2. You discover your dream home and don't want to risk losing it to a rival homebuyer.

If you find a house that fulfills all of your homebuying criteria, there is no need to wait to submit an offer. In fact, if you hesitate, you risk losing your ideal residence to a rival homebuyer.

Of course, when submitting an offer on a house, it pays to be realistic. If you analyze the housing market closely, you can understand a house's current value and submit a competitive proposal right away. As such, you can boost the likelihood of receiving an instant "Yes" from a seller, as well as improve your chances of enjoying a successful homebuying experience.

3. You possess the homebuying confidence and expertise that you need to succeed.

An informed homebuyer should have no trouble assessing the housing market and finding a residence that matches or exceeds his or her expectations. Thus, this homebuyer may be more likely than others to quickly discover a terrific house at a budget-friendly price.

To build your homebuying confidence and expertise, it may be beneficial to collaborate with a real estate agent. This housing market professional can teach you everything that you need to know about purchasing a house. By doing so, a real estate agent will ensure that you can achieve the best-possible results throughout the homebuying journey.

Let's not forget about the housing market insights that a real estate agent can provide, either. A real estate agent can help you differentiate between a buyer's and seller's market, submit a competitive offer on a home and much more. Therefore, with this housing market professional at your side, you can go from homebuyer to homeowner in no time at all.

Ready to start your search for your dream house? Become an informed homebuyer, and you can speed up the homebuying journey.




Categories: Buying a Home   buying tips  


Posted by Annie Hart Cool on 1/23/2019

As a homebuyer, it is important to do everything you can to find your dream residence. Once you discover your ideal house, you should be ready to submit a competitive offer to purchase this home.

Ultimately, there are several factors to consider as you try to put together a competitive offer to purchase your dream house. These factors include:

1. A Home's Age and Condition

Examine a house closely before you craft an offer to purchase – you will be glad you did. Because if you leave no stone unturned in your quest to learn about a residence, you can create an offer to purchase that accounts for a house's age and condition.

If you have questions about a house, you should reach out to a seller's agent. That way, you can address these questions before you submit an offer to purchase.

Also, it is important to remember that there is no such thing as a "bad" question to ask about a house. A home purchase may be one of the biggest transactions you will complete in your lifetime. And if you devote time and energy to learn about all aspects of a house, you can ensure you are ready to purchase this home. Perhaps best of all, you can identify potential home problems that otherwise may prove to be costly and time-intensive down the line.

2. The Current State of the Housing Market

Differentiating between a buyer's market and seller's market is key, particularly for those who are ready to submit an offer to purchase a house. If you assess the local housing sector, you can find out whether a buyer's or seller's market is in place and submit an appropriate offer to purchase your dream residence.

In a buyer's market, homes may remain available for many weeks or months after they are listed. Thus, a seller may be willing to accept an offer to purchase, even if it falls below his or her initial home asking price.

Comparatively, in a seller's market, there is a shortage of quality houses available. And in this market, the best houses sell quickly, which means you likely will need to submit a competitive offer to purchase to secure your ideal home.

To determine if a buyer's or seller's market is in effect, take a look at how quickly houses are selling in your city or town. You also should find out if homes are selling at or above their initial asking prices. With this information in hand, you will be better equipped than ever before to submit a competitive offer to purchase your dream house.

3. Your Homebuying Budget

There is no need to overspend to buy your ideal house. Therefore, you should try to submit an offer to purchase that accounts for your homebuying budget.

Oftentimes, it helps to meet with banks and credit unions before you embark on a home search. This will allow you to get pre-approved for a mortgage and enter the homebuying journey with a budget at your disposal.

As you navigate the homebuying journey, you may want to hire a real estate agent, too. Because if you have a real estate agent at your side, you should have no trouble crafting a competitive offer to acquire your dream residence.





Posted by Annie Hart Cool on 12/12/2018

If you own lots of items and plan to buy a house in the foreseeable future, now may be a good time to list any unwanted items online. That way, you can simultaneously eliminate clutter and earn extra cash for your excess items.

Ultimately, selling items online before you pursue a home can be simple – here are three tips to help you showcase your unwanted items online to dozens of potential buyers.

1. Provide Relevant Information in Your Item Listings

Find out as much as you can about any items you decide to list online. Because the more information you can provide to prospective buyers, the easier it becomes for a buyer to determine whether a particular item is the right choice.

There is no need to stretch the truth in your online item listings, either. If you provide accurate, relevant information, you can help a buyer make an informed decision.

2. Add High-Quality Photos

A picture is worth a thousand words, particularly for those who list items online. Thus, if you add high-quality photos to complement your online listings, you can instantly show off your items to large groups of prospective buyers.

You don't need to be an expert photographer to take high-quality photographs of your items. If you use a smartphone, tablet or digital camera, you should have no trouble capturing top-notch images that you can upload onto a computer without delay. Then, you can add these photos to your item listings and help buyers see exactly what you have to offer.

3. Be Ready to Respond to Concerns and Questions

If a buyer has a concern or question about an online item listing, you should be ready to quickly connect with this individual and provide him or her with the requested information. By doing so, you may be able to speed up the process of getting rid of unwanted items.

As you start selling items online and get ready to search for a house, you may want to find a real estate agent as well. If you hire a real estate agent, you can receive expert housing market assistance as you prepare to pursue your dream residence.

A real estate agent is happy to guide you along each stage of the homebuying journey. First, he or she will help you craft an effective homebuying strategy. A real estate agent next will keep you up to date about houses that fall within your price range and meet your desired criteria. Furthermore, if you find a home you want to buy, a real estate agent will help you craft a competitive offer to purchase. And if your offer is approved, a real estate agent will do everything possible to ensure you can finalize your home purchase as soon as possible.

Don't wait to get started on the homebuying journey – reach out to a real estate agent today, and you can begin your quest for your dream house.




Categories: Buying a Home   sell online  




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