Thursday, November 9, 2023 / by Ameil Gill
UNDERSTANDING THE MORTGAGE PROCESS.
Does the thought of finding a lender and applying for a mortgage overwhelm you? If you’re like most people, you scroll endlessly online looking at homes, dreaming of making a move, but haven’t taken the leap of actually getting pre-approved and talking with a professional to determine what you can afford. It may be because you’re trying to save more… or don’t want your credit pulled… or just because you don’t think you can afford to buy a house.
I’m here to tell you that you don’t need to be intimidated by the thought of getting pre-approved or obtaining a mortgage! “Buying made easy” should always be the goal, and the process can be simple and stress-free if you have the right lender and agent by your side.
It also helps to know what’s coming at each stage of the process so you can be prepared to ask the right questions. Here is a step-by-step of thl ...
Tuesday, October 31, 2023 / by Ameil Gill
IMPORTANCE OF A PRE-LISTING HOME INSPECTION
One of the main reasons that sales fall through once they are under contract is due to inspection issues. So instead of getting “spooked,” protect yourself from any fallout by having e a pre-listing home inspection done before your home goes on the market.
When it comes to selling your home, knowledge is power.
Regardless of how long you’ve lived in your home or how old it is, there could be unknown issues you are unaware of, and learning about them before you go on the market could save you thousands of dollars (or even a sale).
Here are the main advantages of having a pre-listing home inspection:
1. Sellers can understand the condition of their home and disclose any known defects that are uncovered (and better protect themselves)2. It allows the seller to make repairs in advance that may otherwise deter buyers (and get multiple quotes to find the best price for repairs)3. Sellers gain credibility and trust w! ...
Thursday, October 19, 2023 / by Ameil Gill
MY NUMBER ONE TIP WHEN SELLING WITH HIGH INTEREST RATES: STAGE IT
Firstly, what defines a “shifting market”? Simply put, this means any market that is different from the one we were previously experiencing (aka the “unicorn market” we’ve experienced these past 3 years). One crucial indicator of what kind of market we’ll head into next is how long homes sit on the market. In our local market, we’ve been seeing listings spend slightly more time on the market before selling, which suggests we’re emerging from a seller’s market, and are beginning to shift into a more balanced one.
Gone are the days of getting some professional photos and throwing your home on the market to sell in 2 days for 100k over asking!
So, what does this mean for sellers? It means it is crucial to get your home looking its best — and the best way to do this is through staging.
Staging your home will make it stand out from other homes on the mark! ...
Tuesday, October 17, 2023 / by Ameil Gill
WAYS I HELP MY BUYERS FIND HOMES IN A LOW INVENTORY MARKET.
It’s no secret that inventory levels are at record lows, and finding a home in our current market can be slightly challenging, however, there are still ways to find that dream house you’re looking for! The key? Teaming up with the right agent — one with the determination and creativity required to navigate these unique circumstances and employ unconventional methods to find inventory.
Here are just a few ways I help find my buyers their perfect home in this market:
If there’s a particular neighborhood you’d love to be in, I’ll go door to door to see if anyone has considered selling!
Similar to door knocking, I will send letters and postcards to a neighborhood (or a few) to see if anyone has thought about selling or knows of a neighbor who has.
Expired & Withdrawn Listings.
I comb through the expired and withdrawn listings on the MLS to see If anyt. ...
Monday, October 2, 2023 / by Ameil Gill
WHY PRICING YOUR HOME CORRECTLY IS CRUCIAL WHEN SELLING IN A SHIFTING MARKET.
In today’s housing market, setting the right price for your home from the beginning is not just a smart move — it’s absolutely essential. If your goal is to sell quickly and for top dollar, your home must be priced competitively right from the moment it hits the market.
There’s nothing wrong with listing your home on the higher side of market value, however, overpricing your home so that there is “room to negotiate” or just to “see what happens” can backfire badly. In fact, it may ultimately end up costing you more than if you had priced your home correctly from the start.
The more you overprice your home, the fewer buyers will come to see it. Today’s buyers are educated and know if a home is overpriced.
Very few buyers in today’s market will even make an offer on an overpriced home — they will wait for the price! ...