REMAX of Paradise
Interest rates may have been rising, but they are still invitingly low. As a consequence, some area homeowners are looking to refinance their mortgages to lock in interest rates while they can. A key element in both refinancing and home sales is, of course, the formal appraisal. Most homeowners regard the appraisal process as a spectator activity: the appraiser comes, checks out the house, goes back to the office and writes up an appraisal. But, as with most of life’s...Continue Reading!
Even though Butte County property prices continue to recover, the current market can still present challenges. No one understands this better than homeowners who are re-listing this spring. For some of them, surrounding seas of “For Sale” signs created a less-than-appealing neighborhood setting. Others drew buyers who weren’t able to secure financing in the uncertain mortgage environment. Whatever the reason, it can be disheartening for anyone who has to re-list their property. Once you undertake a repeat attempt to sell your...Continue Reading!
Rushing to sell your home is never desirable — but circumstances sometimes require it. To sell your home in town quickly, the most important factor is finding the right price. Too high a price will dampen buyer interest — but of course you don’t want to set the price too low, either. Here’s one way to find the right price: First, complete all repairs. They’ll have to be addressed at some point, so getting them out of the way first clears...Continue Reading!
Imagine that you have just moved into your new Butte County property, and suddenly you are up against some serious flaw you knew nothing about. Added on top of the normal moving turmoil: now there’s this! You didn’t have a chance to fix things up before you moved in because you were totally in the dark concerning the problem. Imagine the frustration, disappointment, and anger… Enter: lawsuit. In other words, for you as a seller, there are some pretty convincing reasons...Continue Reading!
The signs are positive for those who will be putting their home on the local market this spring. Demand is there, mortgage rates are still low, and across the nation, prices are pointing higher. If you will be selling a home in town anytime soon, there are some extra steps you can take to strengthen your position. Clarify Your Finances Getting a home loan will be the concern of the buyer, not you. She or he will have to fill out the...Continue Reading!
Buying a home in town is hardly a do-it-yourself kind of project. Having confidence that the all the i’s are dotted and the t’s crossed requires the input of professionals whose daily dealings keeps them in touch with the current legal and financial arenas. Call them the “Fundamental Four” — the four groups of professionals you will want to have on your team when buying a home in town this Spring. First and foremost, you need to be sure the money factor...Continue Reading!
It can take years for local first-time buyers to save up for their first home’s down payment, but even after that hurdle has been cleared, it can take even more time to secure a mortgage -- if they have neglected the other part of the equation. Their credit rating. Before first-time buyers in town will be able to move forward with that initial home purchase, they need to ensure that their credit score does not raise the kind of questions that...Continue Reading!
Sometimes what you don’t say in your local real estate listing can be as important as what you do. Your marketing will necessarily include all sorts of numerical info your agent enters for our town’s MLS – but the main text itself is every bit as crucial. That paragraph has to be more than a summary of structure and land because it’s actually your most important ad. Your agent must accurately describe the home while simultaneously reaching out to appeal...Continue Reading!
As the economy continues to improve and more buyers commit to joining (or rejoining) the ranks of our area’s homeowners, access to reliable advice can be a vital difference-maker. If you’ve never worked with a Realtor® in town before, it’s important to understand the benefits they bring to the table — benefits that cause 84% of successful homebuyers to state that they would work with their Realtor again in the future. Understanding Your Buying Power A Realtor in town is trained...Continue Reading!
If there is one question that homeowners and prospective shoppers have in common as we enter the New Year, it’s about the direction of local real estate values in 2014. Small wonder: the financial market meltdown of the last decade had such a profound impact on all forms of real estate that it still has many people looking nervously over their shoulders. How likely is another tumble in the coming 12 months? Will real estate values in town continue to...Continue Reading!