Claudia Torres Real Estate
Real Estate of The Valleys
Purchasing a home is a huge step and the beginning of home ownership. To help guide you in your journey of finding the perfect home here are some steps you want to consider to prepare yourself.
1. Find a professional Loan Officer to help you get qualified. The professional Loan Officer can help you find your affortability at a comfortable level and will guide you with the best program that fits your finances. You want to get this done first to avoid any offer declines because the sales price is too high, the competition, and not knowing if you quality to purchase a home at this time.
2. Work with a professional Realtor. You can always check with the Bureau of Real Estate (BRE) to verify the Broker / Agent's credibility and status. Their website is: http://www.dre.ca.gov/licensees/ . The Realtor will help you with a strategic plan to help you find the home of your dreams.
3. Find out how much you'll likely pay in closing costs. The upfront cost of settling on your home shouldn't be overlooked. Closing costs include origination fees charged by the lender, title and settlement fees, taxes and prepaid items such as homeowners insurance or homeowners association fees.
4. Submit your highest and best offer upfront. In markets that are doing relatively well, prime properties often receive multiple offers. Make sure it's a realistic offer and submit it with a list of comparable sales to support it.
Even after you are done purchasing your new home, my relationship and assistance is not over. I want to help you with the transition and give you as much help as I possibly can. For example, if you need a moving company, or you need shop around for a gardener, or need to know how to get a hold of your local home owner insurance representative. My relationship does not end, I'm here to assist you with any future needs and wants and I'll do my very best to help you.
Selling a home can be stressful and have an emotional tide with the property. There are many reasons why we decide to sell a home. It could be because you are moving out of town, divorce, tired of being a landlord, need senior assistance or want to downsize.
Here are a few steps to consider to help you prepare to sell your home.
1. Are You Ready? Ask yourself: If you were buying this home what would you want to see? The goal is to show a home which looks good, maximizes space and attracts as many buyers -- and as much demand -- as possible.While part of the "getting ready" phase relates to repairs, painting and other home improvements, this is also a good time to ask why you really want to sell.Selling a home is an important matter and there should be a good reason to sell -- perhaps a job change to a new community or the need for more space. Your reason for selling can impact the negotiating process so it's important to discuss your needs and wants in private with the professional REALTOR® who can list your home.
2. Do you know what your property will sell for? Have your REALTOR® do a Comparable Market Analysis which is a evaluation of similar properties in a geographical area also known as comparables. This will give you an approximate idea of what price you start selling your home. It will also show you what is listed on the market and what has been recently sold.
3. Are you home during the Open House? There are a couple of reasons why you should consider leaving your home during your open house. First it allows the REALTOR® to greet and meet new potential buyers. Put yourself in the buyers shoes. They want to see everything is being taken care of by a professional who knows more than being a home owner and they will feel more comfortable coming in to see the home. Second. If you’re at the open house chatting with buyers, you may inadvertently reveal too much about your home or personal situation, putting you at a disadvantage when it comes time to negotiate. Best rule is to let the REALTOR® take care of it for you.
These are just a few things to keep in mind when selling your home. There several other things that I can help you to minimize the stress and help you understand the process of selling your house. My responsibility is to make sure that I create a strategic plan that will create a win/win situation so that you can sell your home and get the best possible price.