Lynn D'Avolio
J. Barrett & Company | 801-597-2857 | lynn1@soldbylynn.com


Posted by Lynn D'Avolio on 3/31/2020

Putting an offer on a home is an exciting event. You don’t want to get so excited that you overlook the important factors that go into buying a home. Follow the tips below before you put an offer on a property.  


Research


In order to come up with a price to offer on a home, you need to do some research. You should have a general understanding of the local market. Although your realtor will have a good grasp on this, it’s always a good idea to be an informed buyer. You can work with your realtor to find the right price. You don’t want to blurt out a number that is completely out of line for the neighborhood or market conditions. 


A good place to start is by taking a look at what the homes in the the neighborhood are selling for. You can also look at what homes in the area have recently sold for. The advantage to hiring a realtor is that they have easy access to all of this research and information. Be sure that the properties that you look at are comparable to the one that you hope to put an offer on. You can even do this ahead of time if you have an idea of what kind of property you’re looking to buy. 


Another useful tool in the research part of making a offer is the history of the property. When did the seller purchase the property? At what price? If the seller has moved in more recently, you may have some wiggle room for negotiations.


Get Pre-approved


Getting pre-approved gives you some buying power. First, you’ll know how much house you can afford. Next, you’ll know that a lender is dedicated to lending you that amount to buy a home. Your offer will be taken more seriously if you have been pre-approved because the seller will know that you can get the funds to purchase the home. 


Get The Help Of A Realtor


When you hire a realtor, you’re getting the agent along with the team of people that they work with. Realtors can recommend you to everyone from home inspectors real estate attorneys. An attorney is an especially helpful advocate in the process of buying a home because they can check to be sure that your offer meets the legal requirements within your state and protect your interests as a buyer. 


The attorney will also look at the purchase agreement for the home. This will include all of the details of the property transaction:


  • The date of the offer
  • The address and property description
  • Amount offered for the home
  • Loan details including the down payment amount
  • The closing date
  • Any contingencies

These will all be very important to you as a buyer and a lawyer make sure that everything is legally sound will be a great protection for you.


Now, you’ll be ready to seal the deal!       


 





Posted by Lynn D'Avolio on 3/24/2020

You might want to believe that the home selling journey will be fast and simple, but high-pressure situations may arise that cause you to panic. However, there is no need to let high-pressure home selling situations get the best of you. Because if you know how to handle these situations, you can boost the likelihood of enjoying a quick, profitable house selling experience.

Now, let's take a look at three tips to help you handle high-pressure home selling situations.

1. Use Data

A high-pressure situation may lead you to make a decision that causes you to miss out on an opportunity to achieve your desired home selling results. Fortunately, if you take a step back from a high-pressure situation, you can assess data to make the best-possible decision.

Typically, a data-driven approach to selling a house is ideal. If you analyze home prices in your city or town and other housing market data, you can determine if a buyer's offer to purchase is "fair" based on the current state of the real estate sector.

2. Analyze the Buyer's Perspective

There are two sides to every situation, and if you review the buyer's perspective, you may be able to successfully negotiate with this individual. And as a result, you and a buyer may be able to come to terms on a home sale agreement that meets the needs of both sides.

Although you may be tempted to walk away from a home sale if a buyer makes exorbitant demands, you should try to negotiate with this individual. If you assess the buyer's perspective, you may be able to gain unique insights into the property selling journey. Then, you can use these insights to negotiate with a buyer and boost the likelihood of finding common ground with this individual.

3. Consult with a Real Estate Agent

Let's face it – selling a home can be stressful and exhausting, regardless of whether you are a first-time or experienced property seller. Lucky for you, real estate agents are available in cities and towns nationwide, and these housing market professionals can help you stay calm, cool and collected in high-pressure situations.

Oftentimes, a real estate agent will work with you to craft a custom house selling strategy. He or she next will put this plan into action and collaborate with you throughout the home selling journey. By doing so, you can receive expert support as you navigate the home selling journey and achieve the optimal results as quickly as possible.

Let's not forget about the negotiation assistance that a real estate agent can provide, either. A real estate agent is happy to negotiate with a homebuyer on your behalf. Thus, he or she can help you get the best price for your house.

As you get set to navigate the home selling journey, it helps to understand what to expect after you list your residence. Thanks to the aforementioned tips, you can remain patient in high-pressure home selling situations and work diligently to maximize your house sale earnings.




Categories: Uncategorized  


Posted by Lynn D'Avolio on 3/17/2020

Photo by Ricarda Mölck via Pixabay

Moving to a new neighborhood brings with it, well, the new neighbors. Although you may be an exceptionally private person — others, by nature, are naturally curious. They want to know who’s moved in next door. This is particularly true when your house is just a few feet or a few inches away from their house. Sometimes, your window looks right out on their window — and vice versa. When it comes to nosy neighbors, follow these tips.

Be Proactive

Introduce yourself and satisfy their curiosity about your basic information. Without getting too personal, let them know who is living in the house with you and if you moved into the neighborhood for a specific reason.

Be Prepared

Many neighborhoods have a neighborhood watch. If this is the case, meet the people that look out for strangers so that they know who you are. Ask them questions too so that you know what kinds of things trigger a response from the watch or from other neighbors. If your neighborhood has an association, ask about it and meet the officers.

Be Courteous

People that live in one place for an exceptionally long time may fear change. Let them know you hope to love the neighborhood as much as they do. If their questions bother you, deflect and redirect the conversation.

Be Inventive

Builders don’t always pay attention to how one house aligns with another. If your neighbor’s dining room overlooks your bathroom, cover your bathroom windows with a frosted or stained-glass overlay. It’s a simple fix that lets daylight shine in your bathroom without the neighbors peering in, even accidentally. If it’s a bedroom window, cellular blinds let light in but give full coverage.

Be Friendly

When the opportunity arises, invite your neighbor for a cup of tea or simply to share a conversation while you weed the flowerbed. Friendliness goes a long way toward increasing everyone’s comfort level as new neighbors. Moving into a new neighborhood is a time of adjustment for both the old neighbors and the new. 

If you’re proactive, prepared, courteous, inventive and friendly, you’ll soon move from being merely neighbors to being friends. Your real estate professional is a great resource on learning about your neighborhood too, so ask them what they know.




Tags: neighbors   community  
Categories: Uncategorized  


Posted by Lynn D'Avolio on 3/10/2020

If you plan to attend an open house, it usually pays to be prepared. That way, you'll know exactly which questions to ask during an open house and can ensure that you can gain the insights that you need to determine whether a residence is right for you.

Now, let's take a look at three key questions to ask a listing agent during an open house.

1. Why is this home for sale?

Although a home listing provides plenty of information about a residence, it is unlikely to explain why a homeowner is selling his or her house. Thus, you should use an open house to find out exactly why a home is for sale.

In many instances, a listing agent will be honest and forthright about why a homeowner has decided to add his or her residence to the real estate market. Once you receive an answer to your query, you can better understand whether a house matches your expectations.

On the other hand, if a listing agent hesitates or shies away from your question, you should be skeptical. At this point, you should continue to dig for more information about a residence to learn about any potential flaws.

2. Are there any home problems that I need to know about?

An open house enables you to get an up-close look at a residence. Furthermore, the event allows you to find out about a residence's pros and cons from a listing agent.

Ask a listing agent about any home problems – you'll be glad you did. The listing agent should be able to provide you with plenty of insights into a home's condition, ensuring you can make an informed decision about whether to submit an offer.

A listing agent is likely to be honest with you about any problems with a house. By doing so, this agent will reduce the risk of a homebuyer later rescinding an offer after a home inspection.

3. Have there been any offers on the house?

It is important to find out if there is any competition for a house, especially if you discover your dream residence. Thus, during an open house, you should ask a listing agent if any offers have been submitted on a residence.

If a listing agent responds "Yes" to your query, you may want to act fast to submit a competitive offer on a house. Because if you wait too long to make an offer on your dream residence, you risk losing this house to a rival homebuyer.

Lastly, if you need help getting ready for an open house, you should collaborate with a real estate agent. This housing market professional can provide deep insights into a residence before you attend an open house. Therefore, a real estate agent will help you take the guesswork out of getting the most out of any open house, at any time.

Want to optimize the value of an open house? Ask the aforementioned questions, and you can get the information that you need to fully evaluate a residence.




Categories: Uncategorized  


Posted by Lynn D'Avolio on 3/3/2020

After you accept an offer on a home, you likely will only have a few weeks to pack up your belongings and vacate the premises. As such, there are many questions that home sellers need to consider at this point, including:

1. Where am I going to live?

If you haven't figured out where you're going to live after your home closing, there is no need to panic. Consider all of your potential living options now, and you can plan accordingly.

Oftentimes, friends and family members may be willing to provide you with a temporary place to live. These loved ones may enable you to stay in their houses until you buy a new residence. Or, in some instances, you may be able to permanently move in with friends and family members.

On the other hand, if you enjoy being a homeowner, you may want to kick off a home search right away. This will enable you to find a new place to live in the city or town of your choice. Also, if you work quickly, you may be able to finalize your home purchase around the same time that you sell your current house.

2. What is the homebuyer's next step?

In most cases, a homebuyer will have a set amount of time to schedule a home inspection after you accept his or her offer. Once the home inspection is complete, the buyer will receive a report that provides insights into the condition of your house.

For home sellers, a home inspection can be stressful. If a property inspector discovers problems with a residence, a buyer may choose to walk away from a home purchase or ask a seller to complete various home renovations.

When it comes to selling a house, it pays to be honest. If you provide honest responses to a homebuyer's questions about your residence, you can help the buyer make an informed purchase decision. Plus, with this approach, you can minimize the risk that a home inspection may lead a buyer to rescind his or her offer.

3. What will I need to do to finalize the home sale?

The time between accepting a home offer and reaching the closing date may seem endless. However, a patient home seller will be able to stay calm, cool and collected, even if challenges arise along the way.

As a home seller, you should try to do everything you can to reach the finish line of a property sale. If you maintain consistent communication with a real estate agent, you can seamlessly navigate all stages of the home selling cycle.

A real estate agent works on a home seller's behalf and will do everything possible to minimize potential pitfalls. Thus, this housing market professional is happy to respond to a home seller's questions to ensure this individual is fully supported in the weeks and days leading up to a home closing.

Collaborate with a real estate agent, and you can receive plenty of support throughout the home selling journey.




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