It's no secret that we're experiencing a seller's market. Sellers have much more leverage than buyers do in our current real estate market. Realtor Magazine recently published a very insightful article including data provided by Redfin.com that was gathered by surveying sellers. This post discusses some of the interests and concerns that those ready to sell their homes are facing and to what percentage they would agree. Remember me if you're interested in buying or selling residential, commercial or investment real estate in the Charleston, SC area!
Calculating your mortgage is a little bit more complex than just figuring out the principal and interest. Most shoppers do not figure their insurance and taxes into the equation when considering buying a property. The old acronym for your total monthly obligation is PITI (principal, interest, taxes and insurance). This blog post walks your through the process of how to figure out your entire monthly mortgage obligation (minus utilities, etc.). Remember me if you're interested in buying or selling residential, commercial or investment real estate in Charleston, SC!
Today's post is pretty straightforward. There are many things that can add value to your home. Some of these value-add characteristics are things that you can do yourself. Many of them can be somewhat out of your control, but they're still very important to be aware of. Aside from the home itself, the most desirable aspects of your home will likely be the location of the home. The old saying in real estate is "location, location, location," and that is certainly true when looking at things that can add value to your home. Proximity to parks, town centers, food and shopping are such things that will add value to your home. In this post, we will discuss 6 things that can add substantial value to your home. Remember me if you're interested in buying or selling residential, commercial or investment real estate in Charleston, SC!
Selling your home is difficult. I don't meant that it's hard. It's not hard at all if you have a great Realtor (like me!). It's difficult because it's stressful. This is where you've called home for some time and now you're selling it. You've had a bunch of strangers walking through your house. You've got to deal with fielding offers and negotiating contracts with the help of your Realtor. You've got to worry about inspections and appraisals. While all this is going on, you're preparing to move, as well. And that's not all! Luckily, there are a number of things you can do to increase the likelihood that you will sell your home quickly. Some of the most stressful moments are when the property is on the market with no offers coming in. This post explains 8 things that you can do as a seller to help sell your property quicker and with more success. Remember me if you're interested in buying or selling residential, commercial or investment real estate in Charleston, SC!
Zillow and Trulia are merging to be become one larger Zillow. Sites like these are fantastic tools for those who are thinking of buying or selling and would like to monitor their local market. Unfortunately, that is about all that these sites are really good for. These sites aggregate their data from local MLSs, which is the primary tool used by Realtors and real estate agents. Sites like Zillow and others are very slow to aggregate that data and are very often outdated. Furthermore, the data is often corrupted when it translates to their sites, which makes for a lot of confusion and misinformation. The final frustration with these sites is that their "zestimates" (estimated home values) are determined using blanketed data from national numbers and very rarely ever accurate. As a Realtor, I spend a lot of time explaining to my clients that their house is not actually worth X despite what Zillow says because these sites fail to valuate a home from a local market perspective. Again, I do think these are valuable tools for get a feel for the market and do your own casual shopping. However, there is no substitute for working with a local, real estate professional with access to real and accurate listings and data. Remember me if you're thinking of buying or selling residential or commercial real estate in Charleston!