Category: Buying

7 Dec 2017

Buying? Selling? You can do both successfully (Part 1)

It’s complicated. That’s a Facebook status someone may put on Facebook when between relationships, or getting ready to be. Something like when you put your house on the market while you look for a house. Or, buying a house before you put your house on the market. Or trying to make both happen at the same time. Want, or need to move to another house in the Carolinas, and wondering how to navigate the market successfully while you are selling and buying? I was, too, so I had a conversation with Phyllis Brookshire, President, Allen Tate Realtors, to get some answers. I started with the most obvious question, “Is it best to buy first or sell first or try to do both...
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7 Nov 2017

7 questions to ask during your listing presentation

Putting your home on the market is a great idea— but first things first, who will be your listing agent? Start asking friends, neighbors and family for their Realtor® recommendations, then check out their professional online presence. Narrow down your choices and pick the top three you’d like to schedule for a listing presentation. Next, be a savvy seller and know the questions to ask during their presentation. This will help you compare each agent fairly and select the one who fits you best. Get started with these 7 questions: 1) Can you tell me about your experience in residential real estate? Years of experience, number of listings and homes sold in a 12-month period, average days on the market and...
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26 Oct 2017

The lowdown on the pre-approval process

Just like a significant other will force you to DTR sooner or later, as a serious home buyer, you’ll need to get pre-approved before you take the relationship with your Realtor to the next level. Don’t let the term pre-approval give you cold feet: Yes, a pre-approval requires some effort on your part (just like a healthy relationship), but in the long run, getting pre-approved before you shop for homes works in your favor, trust me. Why get pre-approved A pre-approval scrutinizes every aspect of your creditworthiness and determines exactly how much you may borrow under a specific mortgage program. Not to mention the fact that it’s a great way to distinguish your offer in a highly competitive, low inventory market. What you’ll...
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12 Oct 2017

Everything you wanted to know about closing costs

When you’re buying a home there’s tons of new terms and processes you’ll be learning as you go, so it’s likely that upon hearing your Realtor utter the words “closing costs” for the first time, they went in one ear and out the other. And if that’s the case, don’t feel bad; suffice it to say, you’re not alone— a survey released last week found that over half of all first-time home buyers were surprised by the closing costs required to close on their soon-to-be home. Keep reading and you won’t be able to claim ignorance the next time these words find their way into a conversation. Closing costs: Explained I won’t waste any time beating around the bush here— closing...
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29 Aug 2017

5 tips for purchasing a home with ease

The struggle seems real enough. Friends and family, frustrated and stressed, meeting obstacles and jumping hurdles, all because they decided to go out and buy a house. But does it have to be painful? I talked to Allen Tate President Phyllis Brookshire to get the low down, and she offered these five tips for purchasing a home with ease. 1) Get smart before you even start Phyllis says the first thing you have to do is understand what you can afford to buy, how to get pre-approved, and how the mortgage process works. She says, “I strongly recommend that you get pre-approved. When you're preapproved for a mortgage, you will know how much you have to spend before you shop. Then, when...
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20 Jun 2017

How to avoid closing day surprises

Closing day, as in signing the papers and finalizing the sale of a house or property, isn’t always as cut and dry as it sounds.  Allen Tate President Phyllis Brookshire and I spent some time recently discussing closing day surprises and how to avoid them. She had just talked to some of the top Allen Tate agents about the subject, too, and had gathered some good information. Because who needs unpleasant surprises? Closing day has enough excitement going on all by itself. “Even if closing day truly is the simple transfer of a home from seller to buyer, the buyer and seller represented at the table may be filled with anxiety, relief, anticipation, and expectation Along with all those emotions, some...
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6 Jun 2017

What’s up with the real estate market?

Did you know that in years past, homeowners spent about 4 ½ to 6 years in a home, but now that average is closer to 8 to 10 years? Well, if you were at the recent Breakfast at Southpark event sponsored by The Charlotte Observer, you did hear that interesting fact and many more from Allen Tate President and CEO Pat Riley. Pat was there to speak to a sold-out crowd of invitees about Charlotte’s ever-changing real estate market, what is making it hot, and how long he expects it to continue based on current economic factors and trends. Believe me, this was MUCH more interesting than high school advanced econ, since now, as a homeowner in the Carolinas, the stats...
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20 Apr 2017

The best moments happen at home

If I close my eyes, I can still hear the familiar sound of the click-clack, clickity-clack my little red radio flyer made as it came hobbling down the road. Still day dreaming, I recall my favorite black converse sneakers covered in dust from the unsettled dirt road I walked upon each Saturday morning as I made my way to our neighborhood grocery store. Located just a few minutes from my childhood home, the trip to the grocers seemed at least a mile away to my small, ten-year old frame. Like clockwork, I would park my wagon outside A & P Grocery, and recognize the same, friendly faces that stopped by the store each week hoping to find something to please...
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7 Feb 2017

Why virtual reality will change the real estate industry

Some would say the future is here. And if you’ve used virtual reality headsets to play video games or, say, virtually explore a rainforest, you’ll know what we’re talking about. If you haven’t, read on. Because soon, home buyers might be able to put on a virtual reality headset and feel like they are touring a home, walking from room to room, and getting a feel for the place without ever leaving their Realtor’s® office. This means that if you are a buyer, you could “look at” a place in another part of your city, in another state, or even country. If you are a seller, buyers can tour your house no matter where they are standing. Many Realtors involved in the...
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