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Spokane Real Estate | pricing Blog

Friday, July 26, 2019   /   by Dixie Simon

Listing Your Home

Perhaps you have expanded beyond your current living space, or you would like to move into a different-better neighborhood. Maybe you want to move closer to your work…whatever the reason, there are a few things to do before the “For Sale” sign goes live:


Determine Affordability


To begin with, you need to look at the principal balance on your current home. You must also figure in all costs associated with selling your home such as; repairs, your closing costs which can be average 8-10% of the sale price of your home and the expense of the move itself. 


Reviewing  Market Conditions


Evaluate your local market conditions. You are assessing the market to include the current inventory of homes for sale, the recent successful transactions, and housing prices in general. Are homes moving fast in your area? Are you prepared to move quickly should the opportunity present itself to do so? The most helpful tool in this step is to work with an Expe ...

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Monday, July 01, 2019   /   by Jody Lee

Long-distance house hunting

Regular house-hunting isn't always easy, but adding distance into the mix can present challenges you don't have when looking over a few neighborhoods for a new home. While it may not be a walk in the park to buy a home from far away, it is possible. If you find a great agent and follow these steps, you can take away some of the stress that comes with moving long-distance.
1. Start Your Research
Knowing what is in your neighborhood is something we tend to take for granted. You know where the best sushi place is and exactly what grocery store is closest to your home for those last-minute runs. When moving to a new neighborhood, especially in a new state, it is key to decide what is important to you when it comes to proximity. Does your new house need to be near a park for your kids? Do you need to be 5 minutes from the closest coffee shop? You'll also want to look into crime rates and school ratings if you have children. Researching your potential neighborhoods will help you feel bette ...

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Tuesday, June 11, 2019   /   by Dixie Simon

WHAT TO EXPECT AFTER YOU LIST YOUR HOME

After all of the preparation required to list your home, you are probably ready to relax and wait for offers to roll in. While most of the heavy lifting is completed, it is important to keep in mind things that you may run into during the sale process. As you begin to allow and welcome potential buyers into your home, here are a few things to expect now that your home is listed!


1. You might feel like you live in a museum. 
You may have spent a great deal of time cleaning and decluttering, but now you are going to need to maintain that cleanliness. Potential buyers are going to expect a home that was as neat as the listing photos they saw, so it is crucial to meet their expectations. Now that you have officially listed your home, maintenance is necessary. There may be showings where you don't have time to do a full deep-clean, so choosing to keep your home 'show-ready' will help reduce any stress about the appearance of your home for a showing.

2. There will be so ...

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Sunday, May 26, 2019   /   by Connie Tracy

What to Expect When You List Your Home...

Now that you have completed your TO-DO list to get your home ready for the market, you are probably ready to relax and wait for the offers to roll in. While most of the hard work is done, it is important to keep in mind things that you may run into during the sale process. 
Here are a few things to expect now that your home is listed!

1. You might feel like you live in a museum.

Great job decluttering and cleaning before you listed. NOW, you need to keep it that way. Potential buyers are going to expect a home that was as neat as the listing photos they saw while searching online, so it is important to meet their expectations. Now that you have listed your home, maintenance is necessary. There may be showings where you don't have time to do a full deep-clean, so choosing to keep your home "ready to show" will help reduce any stress or anxiety about the appearance of your home for a showing. 

2. There will be some inconveniences.

Now that you've realized you ...

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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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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201
509-590-4701

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIMLS The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Haven Real Estate Group are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haven Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Copyright 2019 of the Spokane Association of REALTORS® MLS. All rights reserved.