IN West County Summer 2016 | Page 18

S P E C I A L S E C T I O N : R e a l E s tat e Real Estate Tips from the Local Pros faster. Most importantly, find an agent who will work on your behalf. Ask friends and family for references of agents they’ve used in the past. Look up their current listings to see if they align with the type of home you want to buy or sell. This will also indicate their knowledge of the market. 7 BUYING/SELLING: Get a second opinion. When you have lived in your home for years, it’s easy to overlook problems that potential buyers may spot right away. Have a relative or trusted friend come over to spot any small fixes that you can make prior to putting your home on the market to make sure it’s in optimal condition prior to selling. When considering “If you are selling your home, declutter and have the home freshly painted. Impeccable pictures online showing as much of the walls and flooring make the home show as big as it really is. Buyers make a decision based on pictures online to call their realtor for a showing!” “If you are looking to buy, try to find folks to work with (realtors, lenders, inspectors, attorneys, contractors) communicate well and frequently. There will be bumps in the process but most can be overcome if communicated early and often.” — Fred Amendola, Howard Hanna • • • • • • • • • “When selecting the builder for your new home, be sure to ask a few key questions: Will they guarantee a timeframe for building? Do they offer materials specs you can see in advance? Do they do on-site walk-throughs? What is their warranty program? Are their homes energy-efficient? Finding the right builder will help ensure long-term happiness with your new home.” — Natalie Washburn, Broker/Owner, Maleno Development • • • • • • • • • “Sellers should watch a couple episodes of any of the shows on HGTV and understand that this is today’s market. The buyer will pay top dollar for a home that is in great condition. Have the home professionally inspected and take care of all repairs before it goes on the market and for heaven’s sake clean and paint the areas that need it. You will sell it faster and for more money. A few dollars spent will bring a huge return.” — Mark Eller, Howard Hanna • • • • • • • • • buying a home, it’s also helpful to have someone who is not buying the home go with you to take a look. He/she will be able to point out potential issues that you may not see when trying to make such an important decision. 8 SELLING: Ignore the housing market. Don’t waste your time watching the housing market for the best time to sell. According to Investopedia, “it doesn’t matter what your home is worth at any given moment except the moment when you sell it. Being able to choose when you sell your home, rather than being forced to sell it due to job relocation or financial distress, will be the biggest determinant of whether you will see a solid profit from your investment.” 9 SELLING: Will renovating always increase my resale value? Make conscious decisions when renovating your home. While newer will entice potential buyers, be cognizant of what rooms you update and how you do it. While updated kitchens will increase the value of your home, be sure to appeal to a wide range of tastes. A good place to start is with the appliances. Realtor.com states that homes with stainless steel appliances Continued on page 18 ➢ 16 724.942.0940 to advertise | West County “It’s best to use a local lender and an accessible loan officer that you can speak with that will help you through the borrowing process, especially with the recent, immense changes in the lending industry as new federal laws and regulations have gone into place to protect borrowers and their money. Personnel in the residential lending arena are trying to sort out and come to terms with these sweeping changes, while borrowers may have to wait and comply with lengthy and burdensome requirements. “We in the residential lending industry are all working our best towards making the process as easy as possible for borrowers in a climate where it is not clear what is or will be deemed satisfactory or unsatisfactory. Remember to be patient with all facets of the residential home borrowing Industry; it is in our best interest to keep you happy and we are all striving wholeheartedly to do so.” — C. James Vendetti, Esquire, Vendetti & Vendetti • • • • • • • • • “Home sellers can create an inviting atmosphere beginning with the first thing buyers see, the front of the property. Keep the lawn mowed and tidy. Keep bushes and trees trimmed. Sweep the walkway and entryway. Address any small repairs to the outside of the home. You can also plant flowers or small plants, add solar lights, or add a fresh coat of paint to the front door to greatly enhance the exterior of the home. “Home buyers need to be prepared and patient. Get pre-approved and begin working with an agent who knows the area well, listens to your needs and genuinely cares about you and the process you are embarking on. When the right home does come along, you’ll be a step ahead of the crowd.” — Michele Jones, Howard Hanna Realtor