Buying and Selling Tips

Selling Property

Why Use a Real Estate Professional?

Most likely, the purchase or sale of real estate will be the biggest financial transaction a person will handle in their life. Most deals run upwards of $100,000. With such a large transaction it is important that you have someone on your side with experience, training and knowledge. At Crary Real Estate we understand the importance of selling your home and property and are dedicated to using our professional skills to complete that task.

As a general rule, sellers who work with an agent realize a selling price of 7-20% higher than if they had just sold it by themselves. That’s right, up to 20%! In addition to giving expert advice on each aspect of the sale of your property, your agent will take care of all the advertising, paperwork, open houses, negotiations, and closing arrangements. What’s more, they will ensure that only qualified buyers are brought to your door.

At Crary Real Estate, our agents are happy to provide this essential service to you. Call or stop by for a visit to talk about the sale of your home or property.

Buying Property

What’s the Condition?

They say that the three most important words in real estate are location, location, and location. Well, when buying a home this is true, but even more so are these three words: condition, condition, and condition. In other words, what is the exact condition of the home you are buying?

You’ll want to consider a number of factors regarding a homes’ condition and functionality:

  • Age: Many older homes are very well built. But make note of what needs to be updated.
  • Type and state of foundation: Minor cracks can be expected.
  • Siding: Does it need to be painted? Is it cracking or warped?
  • Roofing: How old are the shingles? Most shingles need to be replaced after 30 years.
  • Windows: Do they seal tight? Are they fogged or have condensation? Good windows can help save on heating and cooling costs.
  • Flooring: Check the carpets for hidden stains. Hardwood can add value if well maintained.
  • Heating and ventilation systems: This can be a key expense if they are in need of major repair or soon replacement.
  • Condition of all mechanical systems (Water heater, sump pumps etc.)
  • Check for previous flooding or water problems
  • Driveway, sidewalk, and steps: Make note if they are severely cracked or heaving.
  • Access: Need handicap access? What about steps? Are the cabinets within reach?
  • Updates or remodeling. Think a bit about what the place needs to make it your home!

These and other factors you need to keep in mind, all the while remember that no home is perfect!

What’s the Price?

Okay, you like the house, but what about price? A house that costs a bit more may actually be cheaper to own and a better investment than one that is less in price. There are other factors beyond purchase price. Is it in a good location? What are the property taxes or special assessments for that home? What repairs or upgrades does the home need? How energy efficient is it?

Buyer Agent

And now the big question, how much should you offer? If you offer too low a price you may lose out on the property; too high and you may end up paying more than necessary. As a buyer agent, your Crary agent will use their market experience to advise you on how to make your offer appealing to the seller, and they will present it in a timely manner in order to ensure you have the best chance to buy the property you like.

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