Monday, May 20, 2019 / by Amber Felton
The excitement all started a couple of months ago when you made the decision to buy a house. You were pre-approved with a lender then on your way to meet with your realtor for a buyer consult to find the perfect new home! You saw a few houses you liked, but after weeks of searching you just couldn’t find “the right one.” So now you’ve given up hope, figured it just isn’t meant to be, and you’ve decided to wait a little longer before buying.
You’re thinking maybe 6 months, maybe a year? You think with time, you’ll have a better idea of what you’re looking for and more inventory will be available to choose from this time next year. Or maybe you’ll try to save a little more, thinking the higher down payment will help you with your buying power to afford a home in a slightly more expensive price point.
In the long run, your decision to wait to buy may not produce the results you’re looking for. You’re not considering ...
Tuesday, May 14, 2019 / by Amber Felton
The Real Estate market is filled with potential buyers seeking the perfect place to call home. While finding the "perfect" home holds a different meaning for each buyer, there are certain things that put your home at risk of being undesirable to all buyers. We've gathered a list of the top 10 reasons why your home has not sold yet...
1.) Your Photos Are Terrible!
A first impression is a lasting impression! Your home's photos are often the "first impression" as the majority of home buyers begin their search on the Internet. Think of these photos as a "virtual showing". The goal is to capture potential buyers from the "virtual showing" and have them move on towards an in person showing.
Tip: Hiring a Realtor that uses a professional photographer gives your home a competitive advantage in a competitive market!
2.) It's Overpriced!
Let's face it...properties that are priced too high are less likely to get lookers and bidders. Your Realtor will help you determine the bes ...
Friday, May 03, 2019 / by Amber Felton
Spring is well underway here in Savannah, and as always, there’s no shortage of excellent events taking place in our local area this May. Here are 3 of the best that we think you should be penciling in your calendar this month.
1.) The Tybee Island Tour Of Homes
Saturday, May 4th
The Tybee Island Tour Of Homes has become one of the must-see events in Savannah over the years. On May 4th the 22nd annual incarnation of this wonderful day out takes place, and if you’re a fan of fantastic décor, interesting design, or historic homes – it’s something that you’re not going to want to miss.
The tour is a way for local residents of Tybee Island to open their doors and share their fantastic homes with locals and visitors alike. There will be 8 stunning homes on display this year, including amazing historic cottages, architecturally impressive new builds, and jaw-dropping unique renovation projects.
As you can imagine, we’re in the real estate bus ...
Wednesday, May 01, 2019 / by Amber Felton
So you're thinking about purchasing a home? Whether you are a seasoned homebuyer or new to the process, there are things that we recommend you to know before you buy. Take a look at this list of 10 things that you should know prior to buying a home: the mortgage edition.
1.) Length of Process
The length of the process varies depending on the borrower and the amount of information needed to make a decision.
Tip: Staying in constant communication with your mortgage banker will help you remain informed of anything that could delay the application process.
2.) Budget Vs. Affordability
Just because you qualify for a certain amount of financing does not mean you necessarily need to spend that amount on a home. Unexpected bills, a loss in income or a change in family status all affect your ability to make your monthly mortgage payment in the future. You will also want to have savings and extra cash for vacations and unexpected expenses.
Tip: Budgeting for less th ...
Monday, April 08, 2019 / by Amber Felton
It’s all too easy for real estate investors to focus mainly on the property they are considering purchasing without putting the same amount of effort into properly researching the area it is in. Needless to say, this is a mistake, and it’s one that can be easily avoided by working with an experienced real estate agent who knows the best (and worst) local areas for investment.
As you can imagine, the research you’re going to be conducting when purchasing a property that is purely for investment purposes is very different from what you’d do for your own home. It’s possible to overlook excellent investment opportunities that are simply not on your radar because their location is very different from what you and your family prefer.
There are two different categories of factors that need to be taken into account when investing. The macro scale considerations (the bigger picture), and smaller localized micro considerations. Each is a topic worthy of its own po ...