Keeping Our Clients Informed
Preparing You For Your Home Search or Sale
Stay confident during your home search or listing process with our experienced and knowledgeable team at RE/MAX Hometown in Pampa, TX. Our real estate agency is reputable throughout the area and takes pride in informing and guiding our clients through every transaction.
Whether you want to write an offer on a home or list your current one, our professional agents can walk you through each step. Our focus is ensuring our clients feel comfortable and confident throughout their real estate journey.
Tips for Selling a Home
Change Your Current Home Perspective
Take a look outside your home to assess if it needs any washing or a new paint job. Check if the driveway needs repair or the landscaping needs refreshment. Look around inside your home, open cabinets, examine doors, inspect the bathroom, and make notes of things that may turn a buyer away.
Declutter Before Listing
Don’t forget the furniture and fixtures when getting rid of clutter – most of us put too much in too little space, making a buying prospect think your home is too small. If you can’t bear to part with some possessions, store them in the attic or another spot out of sight.
Clean, Scrub, & Polish Your Home
You should even check behind your washer and dryer in the laundry room, polish the furniture, scour out the cabinets, wash the windows and coverings, and spiff up the ceiling fans and kitchen appliances. In short, you should ensure everything is spotless.
Invest in Home Repairs
Don’t forget to water the lawn and landscape beds, and take the time to trim, mow, and edge. A good agent will advise you on what needs to be done. An “as-is” sale keeps you from doing all this work, but a buyer assesses about twice the price you would have paid for repairs.
Stage Your Home for Showings
In addition, make sure to remove all your pet’s litter pan and clean it so the home smells clean and fresh, not like an air freshener. Remember, you need to make sure your home is available to be seen by prospective buyers with as little notice as possible. That means less than an hour or even five minutes.
Understand the Market
Remember, after the location, the most essential item to a buyer is a well-maintained home. Potential buyers can overlook many flaws if they know they can move in without a lot of trouble and expense. Elevate your home to get the most out of your sale.
Ready to List Your Home? Contact Us Today!
Tips for Buying a Home
Plan Ahead & Get Pre-Qualified
In approving your loan, a lender typically uses the 28% formula (your monthly mortgage can’t exceed 28% of your monthly income). Planning your actions and getting pre-qualified will keep you out of panic mode and allow you to take advantage of opportunities.
Know Your Search Value
If you buy with an eye towards improvement, you can customize the home to fit your needs. The saying, “make money buying a home, not selling one,” should keep you focused on the long-term importance of the purchasing price.
Create a List of Amenities
Establishing “your criteria” early on will save time shopping for inappropriate homes and may keep you from buying a home on a whim. Your top reason for buying a home should be the value you are getting. You should logically sacrifice some of your top 10 amenities.
Fixed VS Adjustable Rate Mortgages
Fixed-rate mortgages allow buyers to take out a long-term loan without worrying about changing interest rates or monthly payments, and most fixed-rate loans are offered in either 15 or 30-year terms.
A fixed-rate loan will well serve most buyers, but each situation is unique.
Whichever loan you choose, make sure to scrutinize all the closing costs. If you are required to have a mortgage escrow account and private mortgage insurance, make sure you understand the terms and cancellation procedures (your real estate agent has publications to assist you).
Get a Home Inspection
Paying for a qualified home inspection before you buy a home isn’t just spending “a little extra” for peace of mind; it’s absolutely essential for anyone who doesn’t want to spend thousands of dollars on repairs. We can miss things that an experienced home inspector won’t.
Research Home Protection Plans
This warranty can save the new homeowner lots of headaches and put the seller’s fears to rest. For example, if a water heater bursts and destroys a wall in your home, the warranty would repair the water heater, and your insurance would pay to fix the wall.