Posts with tag 'Homeselling tips'

Sprague & Curtis Real Estate Blog

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November
11

Selling During a Divorce

Navigating the stress and emotional pain of a divorce is a lot. Throw in the added stress of trying to sell your home, and you're bound to be in a bit over your head! Our REALTORS® have helped many families navigate this process and have compiled a list of helpful tips to streamline the process of selling a home during a divorce.  

  1. Determine Timing of the Sale
    A home can be sold before, during, or after a divorce. Each point has its pros and cons relating to property division, taxes, and other financial considerations. Consult your attorney to decide which is the optimum choice for your situation.

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October
14

Home Inspection Next Steps

When it comes to Augusta homes for sale, savvy buyers are investing in a home inspection on a more regular basis. Our real estate agents recommend getting a home inspection when there is no inspection on file, or the most recent inspection is more than a year old.

Many lenders require a home inspection before providing funds, especially when they are extending a loan to first-time buyers. Even if this is not a requirement, however, having an inspection done will protect your interests. 

Although you can negotiate for the seller to pay for an inspection, it benefits the buyer most of all. During this process, a qualified home inspector will look at every aspect of the structure. Every issue, big or small, will be documented.

Many would-be buyers terminate a sale if there are serious issues:

  • Roof leaks or attic problems
  • Mold or mildew in the home
  • Unreliable electrical wiring
  • Sewer or septic system issues
  • Termites or other vermin

If the home is not considered safe for human habitation as a result of the findings, then your lender might withhold funding. In general, though, the decision to proceed is up to you.

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September
16

Multiple Offers on Home - Sprague & Curtis

Congratulations! You've found yourself in a position most sellers dream of — having multiple offers on your home. While this is a positive development, some sellers may be unsure of how to proceed. Should you choose the buyer with the highest offer or consider other options? There is no black and white answer — the best solution will be the one that fits your needs appropriately.

Our real estate agents have spent years negotiating Augusta homes for sale and have plenty of experience helping a seller manage multiple bids. We know this may seem overwhelming! However, this is a fantastic opportunity for you to ensure your needs are met and that you conduct a mutually beneficial real estate transaction with a deserving buyer.

Before you make a decision, we encourage you to consider these helpful tips:

  1. Look for Offers that Stand Out
    Before you sort your offers into categories based on price, funding, contingencies, and preapprovals, we suggest taking a moment to acknowledge the offers that stand out. You can separate them into two piles: ordinary offers and extraordinary offers. Examples of exceptional offers are those with a personalized letter, those offering to cover closing costs and those having added an escalation clause. These small details can make a significant difference later on in the process.

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August
26

Age Impacting Home Sale - Sprague & Curtis

Whether you're buying or selling a home, you must understand how some aspects of the house may impact the sale of the property. For many prospective home buyers and homesellers, a strong focus is placed on aspects like curb appeal, remodeled kitchens and bathrooms, and new paint throughout the house. Each of these features can influence the price of a home. However, they aren't alone in impacting the success of a real estate transaction. The age of these five things could affect a home sale.

  1. Roof
    The roof is one of the most important and expensive elements of a home, so it should be no surprise that its age may impact the sale. The average roof has a lifespan between 20 and 30 years. Depending on the age of the roof, the seller may consider replacing it to maximize their potential selling price. Although the buyer may negotiate the cost of the home based on the old age of the roof, they may have trouble securing homeowners insurance until it's replaced. There's a possibility that an insurer will deny a policy renewal on homes with roofs over 20 years old without first passing an inspection.

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July
22

Move or Improve - Sprague & Curtis Real Estate

To move or to improve—that is the question. Don't worry—plenty of homeowners are faced with the same dilemma when considering purchasing new Augusta homes for sale.

Our real estate agents believe that if buying your first home is the biggest real estate decision of your life, then deciding whether to remodel or sell your home is the second-biggest real estate decision you'll make. If you're like many homeowners, you've been struggling to make a choice. On the one hand, a new home is an exciting thought. A new space in a new area—now may be the perfect time to move. On the other hand, although you're no longer in love with your home, you still have a coveted attachment to it. Why not give it a second life by remodeling a few rooms, upgrading some appliances or even adding an extension on for more space?

If you're wondering whether it's time to move or improve, consider these questions:

  • Why do you want to move?
    This question is the most important: Why are you considering changing homes? Perhaps you've become disinterested in your neighborhood, maybe you don't want to contend with the seasonal weather changes. You could simply be unhappy with work or school and believe that moving with help resolve these feelings. Whatever the reason might be, it's important that you identify it and discuss it openly with your household.

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