Selling during a hot market is a seller's dream! High home prices, possible bidding wars, and quick sales are more common during a seller's market. However, some sellers make critical mistakes and fail to take advantage of this market. Below are 5 seller mistakes to avoid in a hot market. 1. Pricing Too High Home prices are high,...well higher than they were before. However, this doesn't mean that you can select any price point. Sellers still need to consider the competition and look at what homes are selling for in the area. Outpricing the market will result in less buyer ...
Seller Mistakes to Avoid in a Hot Market
July 20, 2017
10 Steps for Preparing to Buy a Home in Apopka Florida
July 18, 2017
As a first time home buyer, it's rare that you would spontaneously decide to buy a home and be in the position to quickly do so. If there's any possibility of home buying in your future, whether it be in a few months or a few years, it's a good idea to begin the steps for preparing to buy a home in Apopka Florida now. Step 1 - Review Your Credit Report Credit reports are commonly full of errors, which can take time to resolve. Pull a copy of your report now and review each entry. You will see notations on late ...
Avoid Home Closing Delays in Apopka Florida
July 5, 2017
It's normal for home buyers to get anxious when it comes to waiting for closing day. So much is planned for the big day, including packing and moving preparations. A closing delay can really put a wrench in those plans and create a tremendous amount of stress for all involved. Buyers play a big role in the ability to close on time, so we thought it would be helpful to share some tips for avoiding home closing delays in Apopka Florida. Promptly Respond to Lender Requests It's common for lenders to request additional information from buyers as they start to ...
5 Tech Gadgets for a Smart Apopka Florida Home
June 27, 2017
Tech gadgets are the latest trend when it comes to home improvement. We're so connected to everything else in our lives that it makes sense to be connected to our homes as well. If you're not sure where to start, here are a few gadgets for a smart Apopka Florida home. 1. WiFi Enabled Thermostats Electronic thermostats have been around for a long time, but they now can be WiFi enabled and allow you to access them from anywhere! Here's how it works. After you install your WiFi enabled thermostat, you must sign up for an account with the manufacturer and ...
Renovations that Increase Market Values for Apopka Florida Homes
June 20, 2017
At this time of year, many homeowners start thinking about renovations. The key to a successful renovation is to not only focus on your own use of the renovated space but to also ensure that the money you are spending will increase your home's market value. Although you may not be looking to sell your home right now, you will likely do so in the future. Performing renovations that increase market values for Apopka Florida homes will give you the best return on your investment. Focus on Quality Not all renovations are created equal or result in equal market value ...
Reasons Why Mortgages Get Denied
June 13, 2017
The mortgage process can be stressful for homebuyers as they respond to lender requests and anxiously wait for final approval. The review and approval process typically takes 3 or more weeks to complete. A variety of issues can arise. Here are 4 common reasons why mortgages get denied. Knowing this information can be helpful to homebuyers in the Apopka, Florida area. 1. Appraisal Issues Appraisals are ordered to verify the value of an Apopka, Florida home. Lenders use it to determine lending amounts, so the value needs to be equal to or greater than the purchase price. For example, if you ...
3 Inspection Negotiation Strategies that Ruin Buyer-Seller Relationships
May 31, 2017
The real estate process includes many interactions between buyers and sellers, although typically through their agents. Buyers will gain the most from negotiations when they maintain good relationships with sellers. Some buyers will unintentionally jeopardize otherwise strong relationships by taking the wrong approach to inspection results. Here are 5 common inspection negotiation strategies that ruin buyer-seller relationships. 1. Negotiating Known Issues Known issues with a property are often disclosed by sellers in advance. Buyers should take them into account when submitting an offer. Negotiating them after an inspection is considered poor home buyer etiquette. Buyers are almost never successful in doing ...
Should You Pay Points on Apopka Florida Mortgages
May 19, 2017
There are many mortgage products available on the market, each with its own pros and cons. In addition to the type of mortgage, you may be presented with other options, such as paying points. It's important to understand the full impact of such options before you make a decision. When deciding whether you should pay points on Apopka Florida mortgages, consider the following... What are Points Points allow you to obtain a lower interest rate over the life of your loan. One point equals one percent of your loan amount. It's pre-paid interest, so essentially, you're paying interest up-front in exchange ...
Selling and Buying a Home in Apopka Florida
May 11, 2017
In many cases, if you have a home to sell, you are also looking to buy a new home. Selling and buying a home in Apopka Florida simultaneously can be a bit complicated. Proper planning is extremely important to ensure a smooth transition. Here are a few considerations if you plan to both buy and sell. Timing is Everything What of the most important decisions is which you should do first. Do you find a new home before marketing the old home for sale? Or do you find a buyer for your existing home before you start looking for a ...
Importance of Pre-approvals for Apopka Florida Home Purchases
May 3, 2017
If you are looking to purchase a home and are wondering if you should obtain a pre-approval first, the answer is "YES." Pre-approvals are extremely important for several reasons. Here's what you should know about the importance of pre-approvals for Apopka Florida home purchases. Pre-viewing the Right Homes Given the many changes in the mortgage industry over the years, it's difficult to know what programs you may qualify for and how much you may be approved for. Without obtaining an actual pre-approval, any figures that you have in mind are pure guesses. If you're out there viewing properties without a ...