Junction Real Estate Group - Commercial, Residential, Farms, and Land

JunctionRealtyGroup.com
Professional Real Estate Brokerage Service
Servicing Mid Missouri Counties of Randolph, Audrain, and Boone

1809 Vandiver Dr. Ste. 101 Columbia MO 65202 Office: (573) 474-3700

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BUYING A HOME

Buying a home is probably one of the biggest investments you will make. with long-term financial ramifications. Good advice from a real estate professional will assist you in making wise and informed decisions.

What can a Real Estate Agent do to help you buy the right home for you?

· They will assist you determining how much home you can actually afford. They can suggest alternative financing methods. They can also introduce you to a mortgage counselor and arrange to have you "pre-approved" which can greatly improve your negotiating position when you find the home you wish to buy.

· They have access to a listing of all available homes in two Multiple Listing Systems and can evaluate them in terms of your needs and affordability. They can show you how to access websites so that you can view homes within your price range at your leisure so that you can help the agent choose homes that appeal to you in your price range.

· They can work for you as a buyer's agent and help negotiate the best price and terms for you. Or, they can serve as a transaction agent (or disclosed dual agent), acting as a liaison between you and the seller to present offers and counteroffers until an agreement is reached.

· They can often suggest simple, imaginative changes that could make a home more suitable for you and improve its utility and value.

· They can provide you with a list of qualified home inspectors, pest inspectors, surveyors, and help to coordinate inspection appointments.

· They can help familiarize you with the closing process and they will obtain closing figures in advance of closing for your review.

SELLING YOUR HOME

No matter what your reasons are for selling, remember that now is no time to delay. The process of preparing your home for sale can take a month or more. So, here's the best way to get the most for your property.

1. Take a Fresh Look at Your Home as though from a buyer's perspective.

Take a fresh look at your dwelling. Drive around the block, and then scrutinize your home as a prospective buyer will see it for the first time. First, does your home need washing or painting? Does the driveway need repair work? Is the landscaping in good shape? Remember, your buyer will be very critical. Next, pull into the driveway and take a good, hard look. Is the yard neat and trimmed? What about the view from the front yard? Then, walk inside and look at the interior as though seeing it for the first time. Imagine what your buyer might say about each room. Check out your cabinets. Are they organized & free of clutter. Check all your bathrooms making sure they are spotless and free of mildew. Are your closets organized and free of clutter? Then, make a list of all the things you need to do to make your home appealing to a new buyer.

2. Clean Out the Clutter and have a moving sale.

Before you put your home on the market, get rid of clutter in every area -- closets, attic storage, kitchen cabinets, drawers, bath vanities, and shelves -- everywhere. If you don't use it, lose it!!! Potential buyers are seriously put off by clutter, and have a hard time visualizing your home without the clutter removed. You may need to remove some of your furniture. Too much furniture in a room makes it appear small. Have a great moving sale with all the stuff you've collected and use the proceeds for paint or whatever other materials you need for repair projects. If you just can't bear to part with some possessions, store them in some other place that's out of sight to a potential buyer.

3. Clean your home thoroughly.

After you've cleared out the clutter, it's time to really clean. In short, clean everything.Have the carpets professionally cleaned, polish the floors, scour the bathrooms, go over the laundry room, polish the furniture, scour out the cabinets, wash the windows and window coverings, and clean the ceiling fans and kitchen appliances. Don't forget the exterior; paint or power-wash everything that needs the work.

4. Get More for Your Home: Repairs Pay Off

After you've cleaned the place to within an inch of its life, the next project is making all the repairs necessary to attract a buyer and get the most money for your efforts. Make your entry really shine. Repair screens, doors, & windows. Repair any plumbing problems. Touch up paint. Check the exterior for peeling paint. Update your landscaping. Trim, mow and edge your yard. Also, it's a good idea to get all this done before getting the real estate broker to make the first listing -- a good agent will advise you on what needs to be done. Should you decide you don't want to fix up your property and you want to sell "as is", you will be paying a price. Generally, a buyer will assess about twice the price you would have paid for repairs and deduct that amount from your asking price before making you an offer. before making an offer.

5. Showing your property to prospective buyers.

Even if it is daylight, open your blinds and turn on all lights and lamps. This will make your home look brighter and warmer to the buyer. Also open all interior doors so the home appears more spacious. Close closet doors. If you have pets, be sure litter boxes are clean and the home has no pet odor. Also, pets need to be confined before buyers look at your property. Clean off refrigerators and counter tops. Make your home available to be seen by prospective buyers with little notice required. It is important for you to arrange to be away from your home during showings. Buyers need time to get acquainted with your home without your presence.

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