The Barefoot Broker Guide - Summer 2019 | Page 4

TIPS FOR BUYING & SELLING A HOME PARTNER WITH A PROFESSIONAL. Partners are important in any relationship, especially when you are buying or selling a home. A Broker/REALTOR® should be your number one partner in any real estate transaction. Characteristics of the right Broker/REALTOR®: • • • • • • Honesty Integrity Knowledge Responsiveness Communication skills Strong negotiation skills The right Broker/REALTOR® will provide you information on homes and neighborhoods in your local market that are not always accessible to the public. Buyer’s Checklist LENDERS, PREAPPROVAL & CREDIT SCORE mortgage rates from several lenders to see n Compare what package works best for you. questions! n Ask preapproved. When receiving offers, sellers will n Get often ask how qualified the buyer is to purchase. Having a preapproval letter can show that you are capable of purchasing the home. It can also be used to your advantage when competing with multiple offers. your credit score. Credit score is one of the Monitor n most important factors in qualifying for a loan. not apply for credit cards or make large purchases n Do during the home buying process. Your credit will be checked multiple times before settlement. SHOP FOR THE PERFECT HOME WANTS VS. NEEDS time by doing your homework and work with a n Save Broker/REALTOR®. your wants versus needs based on your budget. n Organize Broker/REALTOR® will arrange showings based on n Your your criteria. PERFORM INSPECTIONS n Inspections are a vital part of any real estate transaction. Types of inspections include home, septic, water, radon, chimney, wood destroying insect report and lot survey. These inspections will provide the buyer with any defects of the property. inspections, the buyer and seller can negotiate n After repairs, if necessary. FINAL WALK THROUGH, INSURANCE & CLOSING final walk through is arranged through your Broker/ n Your REALTOR®. The objective of the walk through is to ensure the condition of the property has not changed since your last visit. It will also confirm all agreed upon repairs have been completed. ers insurance and get the coverage Research n that works homeown best for you. for closing costs. n Budget buyer’s mortgage lender will provide the Closing n The Disclosure three business days before settlement for review. HAPPY CLOSING DAY! 4 | EMERALD ISLE REALT Y Seller’s Checklist REMOVE CLUTTER, DEPE RSONALIZE & ORGANIZE n Removing clutter can help buyers envision their belongings in your home. It can spacious appearance. This will also create a more help the buyer focus on the quality of the home. n Depersonalize by removing overly personal items such as family portraits, children’s sporting/exercising equipment artwork, knick-knacks, toys, counter contents. n Storage space is one of the most and important selling points. Organize your closets to app organized closet will present ear neat and tidy. An ample amount of storage space. Storage space is one of the most important selling points. ELIMINATE BAD ODOR CLEAN, CLEAN, CLEAN S & n Pay attention to smells. Pet and food odors are very offensive to buyers. n Fill the home with pleasing scents. Clean from ceiling fans to baseboards and rywhere in between. n Make your home sparkle eve ! WORK ON YOUR HONEY-D LIST n Remember all of those “little thin O gs” you have been meaning to fix? Focus on thin doorknobs, replacing broken gs such as tightening tiles, replacing dated fixtures, repairing leaky faucet s, patching nail holes and freshening wall paint. n Painting is one of the most inexpensive ways to refresh your home both inside out. n Repair any major defect and s such as broken windows or a leaky roof. n You want your home to be in the best condition possible. Think about investing in a pre -home inspection to determine any unknown defect s and make repairs before listing your home. CURB APPEAL = GOOD FIR ST IMPRESSION! n Make sure the exterior of the hom e is clean and well kept. An untidy appearanc make buyers think the inside e from the outside will s similar. n Painting can give the exterior look a clean, crisp look. n Make the entrance of the hom front door color, adding a wre e inviting by updating the ath and potted plants along the walkway. n Pressure washing the home, decking and any concrete can make a big differen the appearance. n Manicure the lawn, trim ce bus in hes and remove weeds.