Valuable Information Before You Purchase
We’ve updated our Business Model to reflect all the changes regarding purchasing a home during the Covid-19 Pandemic. 1st. and foremost you can’t stop living and that includes putting your dreams of a new home for you and your family on hold. And we have developed ways to protect you and the Seller through the process. Know more than ever having ALL the information upfront so you can make the Best Decisions based on Facts! We’ve done just that for you and updated all of our Buying and Selling Guide’s, Tips, and Tools. If you’re looking to keep your eye on the Real Estate Market….we’ve provided the information below. We will cover everything from the Recession to Recovery. Scroll down to Eye on Real Estate.
This is my 3rd Recession in Real Estate so luckily I have a road map and the experience to assist you in achieving your goals. So, I researched in detail Recession to Recovery. It’s a little overwhelming I agree, and neccessary in order to make a great finacial decisions moving forward. Remember, we can always communicate through the Chat Bot lower right.
Home Buying Tips
We’ve updated the Home Buying Guide Fall 2020 to include all current data during. See who Really has the advantage, Buyer or Seller? Buying a new home is a dream for all of us. It’s an emotional and stressful process. It also involves the biggest financial transaction you probably will make in your lifetime. Your home buyers guide will let you buy your Ideal Home with confidence, and save thousands in the process.
Our goal is to save you thousands on your real estate transaction. It’s your money, so we need to put it to work for you. We have our favorite and best loan officer to assist you and answer all your questions. Unlike some other lenders, Keller Mortgage isn’t spending Millions on marketing and advertising. Therefore, we pass those savings on to you by offering no fees and a low rate. Ready to SAVE THOUSANDS? For Details 👇
New KW Mobile App
See What’s Trending! Million of homes in the Palm of Your Hand. Ready to make a move? You spend less time House Hunting and more time House Finding. My favorite is drawing on the interactive map and pulling all the homes for sale that meet your criteria. This is great for finding homes in the special neighbors you want to live in. You can save to your favorites and even request showings. Right now we are sending a video so you can determine if you should keep it in your favorites folder. Coming Soon, Artificial Intelligence to help you find your Dream Home! Watch the Video and Learn More…👇👇👇
Monthly Market Report Recession to Recovery
It’s important to protect your real estate investments, and to do so you need the facts. This month has been the craziest month ever and I’ve never worked so hard trying to keep up with all the data flooding in from Wall Street, Financial Institution, and Real Estate data sources. Holy Cow! I’m following this very closely and will have updates in most cases daily.
This report is a comprehensive walk-through of the most up-to-date information regarding the real estate industry. So what we knew January-March, well throw it out the window. At the beginning of March, we were talking about having a sensational year. It wound up that in January and February, we sold more houses in this country than any other January and February in more than a decade. So, we were in for a real prime, phenomenal year, and then, BAM! 💥Everything gets put on hold. So, let’s go over the questions that you’re going to be asked, and let’s go over the answers so that you have them. Get Your Report in a Safe Downloadable PDF 👇👇👇
Don’t Overpay…Price Vs. Value Driven
Price Driven Approach -When we start the process for your Price Driven Approach we start with the Multiple Listing Service (MLS). This is a vague report based on other homes in the area, your neighborhood based on square footage, finished basement, and garage size. This report will include Sold, Expired, Pending, and Active. We also request a report from RPR (Realtor Property Resource) which includes homes sold in the MLS and homes sold privately. This report relies on the data from your neighborhood and surrounding area. It will use algorithm analytics to determine the Price Range.
Lastly, we look at the Value-Driven Approach
Next, we need to filter what an appraiser’s opinion could be about value. Part of their mathematical modeling is a condition rating system. Depending on the condition and improvements will move the value up or down. The appraiser will review updates, features, and quality of materials used to determine Fair Market Value. Make sure you select a Realtor that knows how to use this approach. For Details 👇👇👇
What Are Your Buying Negotiation Strategies?
Gosh! Working through the negotiation strategies sometimes feels like you’re in a dual between logic vs chaos as you work through the process. The struggle between facts and emotions is frustrating if you don’t have a plan. Creating the Purchase Agreement is only the 1st step in the negotiating process. Once all parties sign the agreement, there are a few more steps that may come into play. There is a possibility you may have to work through negotiations when it comes to the home inspection and appraisal.
Now that your found your perfect home, what’s next?
Hopefully, you have worked through all your negotiations with your lender and are pre-approved. This should be step #1 before you even schedule appointments to view homes. After you find the perfect home you need to work through Price and Terms. Some terms could be; when do you close, how long after closing do you give the seller possession, how much per day in rent, to name a few. Next is the Inspection and negotiate any issues slowly and methodically. Okay, now we get the Lender involved and order the appraisal. What if something goes wrong along the way?
We’ve reviewed the Price and Value of the property before we put in an offer. If we think we may have an issue because the house is on the market higher than we think the appraisal will be, we negotiate that upfront and share our report with the agent with the offer. This also would be discussed with the Seller in advance. We would have a plan in place in advance if the appraisal came in lower than your offer. If a Seller has no interest in lowering the price to Appraised Value, we would have that discussion and a plan before we even moved forward with the inspection. Some Sellers will sell only if they get X and sometimes X just isn’t there. It will be up to you if you pay over the appraised value…that will take cash above the asking price. For Details regarding Your Buying Strategies… 👇👇👇
Know the Market Your In
Real Estate 3 year Trends by City & Price
Well, who would have thought we would start our Spring Real Estate Market with a Pandemic. The housing market started off hot in 2020. We were seeing multiple offers due to the low-interest rate, and 1st Time Home Buyers were entering the market. What is causing this recession is a Pandemic not a housing crisis like the “Crash of 08”. We will be keeping you updated in our Blog and Simplifying Real Estate on how the Stock Market, Treasury Bond, Interest Rates, and more could affect Real Estate.
Moving Forward ….Details are going to be Important
I’ve broken the market down by County, and City so it’s easy to scroll and find your city. It’s important to know What Market Your In and your Negotiation Power. Select the City your interested in and review your 3-year trends based on price and month supply on market. Find out if it’s a Seller’s market or if the needle tipping in the Buyer’s favor. The graph is interactive, just move your cursor for details. Our stats are going to be off starting in April. Our March Stats will show us where we left off. We are closing on transactions in April that went under contract in March, providing the buyers are still working. We may see an uptick in May as Buyers return to work. And yes, we are still scheduling Closing. Title companies fall under essential and are in the same class as banks. To know more about the Market Your In… 👇👇👇
Eye On Real Estate – Recession to Recovery
I’m finding valuable information on a daily basis from several different sources. So, I’m writing and updating my blog with important information Buying or Selling Real Estate. Experts are providing updates from Recession to Recovery. In return, I’m passing their knowledge on to you. So I’ll let you decide what information is important to you. I’ve broken it down to 3 Categories below. 👇👇👇
I’m hoping your finding the information valuable. If there is a topic or additional information please let me know. Do you need to Sell before you Buy? I’ve also provided updated information to help you through that process using Technology and High Tech Digital Marketing if your thinking on Selling. Check it out by… CLICKING HERE!
First and Foremost, Safety First!
As we move forward trying to navigate our way through our new surroundings. Putting your dream of a new a home on HOLD shouldn’t be one of them. If you have any questions contact us: Chatbot, in the bottom left. Contact me by Email or my Cell @ 248-343-2459. With all the doom and gloom of the virus, one thing history has shown us, this will NOT define us. Stay safe! Please share your thoughts below or what future article you would like to see in the future. This site is for you ❣
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