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Buying And Selling A Home | pricing Blog

Sunday, May 26, 2019   /   by Connie Tracy

My Appraisal Came in Below the Negotiated Price! Now What?

You have been searching for a home for months and finally got an offer accepted and then....the house doesn't appraise for the negotiated price. 


Now what?

TAKE A DEEP BREATH

It can be heart wrenching for the buyer and seller if the deal falls apart because of the appraisal. Low appraisals happen more often than you might think, especially in rising markets. 
Sometimes there are not enough comparable sales applicable to the home you want, or maybe distressed sales have conflicted with the appraisal. 

Generally, lenders will only lend funds up to a certain percentage of the appraised value. If the appraisal is lower than your offer, you may need to come up with more cash.. but there are other options.

1. Look over the appraisal contingency in your contract.

The appraisal contingency clause built into the contract allows you to reevaluate the situation or renegotiate if needed. But sometimes, even with this clause, you may end up spending more or j ...

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Sunday, May 26, 2019   /   by Connie Tracy

Make Your Home Stand Out Amongst the Rest!

May is coming to an end, schools are almost out, and summer officially begins! That means one thing... home selling season is HERE! With the kids home from school and vacations are planned, both buyers and sellers are ready to enter the market as the weather heats up. So now that the season is here, what do you do to make your home stand out amongst the rest? Here are a few tips to make sure you catch the eye of potential buyers during the busy season!

1. Tour Other For-Sale Homes

Go ahead and check out other homes that are similar to yours. Open houses are the BEST way to see what the competition may be for your home. As you are preparing to list, use these tours to see what decor and design-types are attractive to you and potential buyers. If you see things that you do not like yourself, remove them from your own home if you have them. Sometimes stepping out of the box, or in your case, your own home, will allow you to look at your home through the eyes of a potential home ...

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Tuesday, April 30, 2019   /   by Connie Tracy

Home-Selling Timeline

You have decided to sell your home but aren't sure what you should do first... Here is a home-selling timeline to help you along the way and keep stress at bay. 

While you are making the most of your weekends by getting ready to sell, don't get overwhelmed and break your to-do list into manageable chunks... even better idea...  break it into bite-size-pieces.. so much easier to swallow. 

As soon as possible...

* Interview a real estate agent(s):

Take time to find an expert who has a great track record, good communication skills, and confidence!

* Make a plan:

Work with your agent to prioritize tasks. Focus on one at a time.

* Declutter:

What can you live without until you move? Pack it up and move it out!

2-3 months


* Hire a home inspector: 

Get a pre-inspection so you can identify issues or items that need repair. Work these into your budget in the beginning so it doesn't blow a deal later.

* Make the repairs:

Get some a ...

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Monday, April 29, 2019   /   by Christian Robinson

Checklist for Selling a Home!

There are a number of details that must be addressed between the signing of the final contract and the closing date. If you are using a real estate agent, the hassle of this process will be dramatically reduced. The following list will help you stay organized:

Seller Checklist

Immediately upon acceptance of the contract

Follow-up on any terms outlined in the contract (providing homeowner association paperwork, well documents, etc.)
Make any repairs agreed upon in accepted contract
Provide the current mortgage loan(s) information to your escrow agent

During the Home Inspection

You should not be present.
If possible, be accessible by phone to answer any questions
Provide the agent with keys to any areas (crawlspaces, attics, etc) that the inspector will need to access to.
If the property is vacant, ensure that the utilities are on beforehand.

One to Two Weeks Following the Acceptance Date of the Contract

Review any inspection amendment from the buyer with your a ...

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  selling home, home selling, spokane real estate, home seller tips, buying and selling a home, getting ready to sell, christian robinson

Monday, April 29, 2019   /   by Christian Robinson

The Reason Your Home's not Selling!

If your home sits idle in a seller’s market, it’s time to get to the root of the problem.





It’s a seller’s market, If your home isn’t getting offers, something could be wrong. There could be many reasons your house isn’t selling, though.





Possible reasons your home isn’t selling fast:





1. You think it will be a breeze.





Being in a seller’s market could very well mean that your home will be bought for top dollar, no matter its condition. That’s not a winning strategy though.





Solution: Be realistic from day one. Look, you may love your house and the decor that you have put up but prepare yourself that it may take while if your house is suited for a few select buyers.  No matter what market we happen to be in, it’s still important to stage and clean your home.





2. Over-Pricing your House





Everyone is keenly aware that when supply is low you may demand (or ...

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  selling home, home selling, spokane real estate, home seller tips, buying and selling a home, getting ready to sell, christian robinson

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