10 DEADLY MISTAKES BUYERS MAKE WHEN PURCHASEING A HOME.
10 DEADLY MISTAKES BUYERS MAKE WHEN PURCHASING A HOME.
PROTECTING YOURSELF FROM THESE COMMON PITFALLS.....
When buying a home, emotions get mixed with financial limitations and ultimately move you in the direction of
making one of the 10 DEADLY Mistakes which are common among home buyers.
Use a Professional that knows the Market
HOME BUYERS MISTAKES #1
MAKING AN OFFER ON A HOME WITHOUT BEING PREQUALIFIED.
GETTING A GOOD LOCAL LENDER IS CRUCIAL. YOUR REALTOR SHOULD BE ABLE TO MAKE RECOMMENDATIONS
FROM LENDERS THEY HAVE USED IN THE PAST. A GOOD LENDER WILL MAKE SURE YOU GET THE RIGHT LOAN
HOME BUYERS MISTAKE #2
NOT HAVING A HOME INSPECTION
TRYING TO SAVE MONEY TODAY WILL COST YOU TOMORROW. YOU WANT AN INSPECTOR THAT WILL
SCRUTINIZE EVERY ASPECT OF YOUR HOME. YOUR REAL ESTATE AGENT KNOWS THE INDUSTRY AND CAN
RECOMMEND GOOD INSPECTORS. THIS COULD COST YOU BIG WITHOUT AN INSPECTION.
HOME BUYERS MISTAKE #3
NOT KNOWING TOTAL COSTS INVOLVED
EARLY IN THE BUYING PROCESS, ASK YOUR LENDER FOR AN ESTIMATE OF CLOSING COST OR A GOOD FA
ESTIMATED. PRE-PAY RESPONSIBLITIES, SUCH AS HOMEOWNER'S ASSOCIATION FEES AND INSURANCE,
MUST ALSO BE TAKEN INTO ACCOUNT. REMEMBER TO EXAMINE YOUR SETTLEMENT STATEMENT PRIOR TO
HOME BUYERS MISTAKE #4
THINKING THAT THERE IS ONLY ONE PERFECT HOME OUT THERE.
BUYING A HOME IS A PROCESS OF ELIMINATION, NOT SELECTION. ASK YOUR REAL ESTATE AGENT FOR A
COMPARATIVE MARKET ANALYSIS. THIS COMPARES SIMILAR HOMES THAT HAVE RECENTLY SOLD OR STILL
FOR SALE. THIS ALLOWS YOU TO NEGOTIATE A FAIR PRICE.
HOME BUYERS MISTAKE #5
LIMITING YOUR SEARCH TO OPEN HOUSES, ADS OR THE INTERNET
MANY HOMES LISTED IN MAGAZINES OR ON THE INTERNET HAVE ALREADY BEEN SOLD. YOUR BEST COURSE OF ACTION IS TO CONTACT A REALTOR. THEY HAVE UP-TO-DATE INFORMATION THAT IS UNAVAILABLE TO THE GENERAL PUBLIC AND ARE THE BEST RESOUCE TO HELP YOU FIND A HOME.
HOME BUYERS MISTAKE #6
NOT BUYING A HOME PROTECTION PLAN
THIS IS A MINI INSURANCE POLICY THAT USUALLY LAST FOR 1 YEAR FROM CLOSING DATE. IT COVERS REPAIRS YOU MAY ENCOUNTER IN YOUR FIRST YEAR. TALK TO YOUR AGENT TO HELP YOU FIND THE RIGHT PROPECTION PLAN THAT MEETS YOUR NEEDS.
HOME BUYERS MISTAKE # 7
NOT CONSIDERING LONG-TERMS NEEDS
IT IS IMPORTANT TO THINK AHEAD. WILL THE HOME MEET YOUR NEEDS 3-5 YEARS FROM NOW?
HOME BUYERS MISTAKE #8
DO GO BACK AND CHECK NEIGHBORHOOD
WHAT HAPPENS ON THE WEEKDAYS OR AFTER DARK? DOES THE STREET FILL UP WITH CARS? DO THE NEIGHBORS HAVE THEIR STEREOS BLARING? THEY ONLY WAY TO ANSWER THESE QUESTIONS IS BY CHECKING THE NEIGHBORHOOD AT VARIOUS TIMES.
HOME BUYERS MISTAKE #9
DO A FINAL WALKTHROUGH
BEFORE YOU CLOSE ON YOUR HOME, IF IS CRUCIAL TO DO A FINAL WALKTHROUGH. YOU NEED TO CHECK TO MAKE SURE ALL REQUESTED REPAIRS HAVE BEEN COMPLETED. MAKE SURE THERE IS NO DAMAGE YOU WERE UNAWARE OF AND THAT NOTHING ELSE HAS CHANGED. ANY PROBLEMS AFTER THE PURCHASE ARE YOURS.
HOME BUYERS MISTAKE #10
NOT BUYING AT ALL
IF YOU CAN AFFORD TO PURCHASE A HOME AND DON'T ACTUALLY PURCHASE A HOME, YOU WILL LOSE OUT ON TAX DEDUCTIONS, APPRECIATION IN THE VALUE OF YOUR HOME AND THE GENERATION OF HOME EQUITY. NOT BUYING, WHEN YOU CAN IS PERHAPS THE WORST MISTAKE OF ALL. CHOOSE A REALTOR WHO IS DEDICATED TO SERVING YOUR NEEDS AND WORKING FOR YOU -BEFORE, DURING AND AFTER THE SALE.
How To Spring Clean And Declutter Your Richmond Hill Home!
As your Richmond Hill real estate agent, Id like to help you out with some great spring cleaning and decluttering tips! These will help you get organized and prepare for whatever spring has in store for you. Plus, Richmond Hill offers one bulk item collection per year for residents during Georgia Cities Week, which is next week! Now is the perfect time to get rid of your clutter.
Its so easy to let paper build up, whether its old tax documents or expired coupons. The best solution is to gather all of it into one room and separate it into piles: action, like invitations and bills, keep for future, like tax documents, and toss. After you toss (or shred and recycle) all that you can, create a system that will keep paper organized, like a filing system. This Kiplinger article explains what you need to keep and what you can toss.
Unfortunately, you cant just toss electronics and appliances at leisure, but its very important to get rid of old televisions, radios, phones and appliances to create more space in your home! You can visit www.recylce-steel.org to see where you can recycle these types of products.
The City of Richmond Hill does not accept hazardous waste for disposal. However, to dispose of used motor oil, antifreeze or coolant, you can contact Advanced Auto. Savannah Tire will accept old tires. For everything else, visit www.Earth911.com to see where to dispose items.
If you miss the bulk item pickup, bulk items can be taken to the Bryan County Landfill during hours of operation. For more information, click here.
You can resell so many of your items to make a profit rather than tossing and losing valuable income. Old clothes, shoes, accessories, entertainment, toys, games, books, electronics, furniture and home dcor can be sold on eBay and Craigslist, at consignment stores or in a yard sale! Why not get money for the things you paid for? For tips on how to successfully host a yard sale, read this Bankrate article.
If you cant earn money from items youre getting rid of, why not give them away and feel good about it? Someone, somewhere, would be happy to accept your items, and it sure beats having them end up in a landfill! Plus, you can score tax deductions by doing so.
Goodwill and the Salvation Army will come to your door to pick up items and to give you a tax receipt. Or, you can take items into local locations. Veterans organizations have similar services, like Amvets or Purple Heart. Find local businesses or nonprofits that could use your items too, like veterinarians or womens shelters.
Spring Events to Look Forward To In Richmond Hill, GA!
As we transition from winter to spring here inRichmond Hill, GA, you can expect to enjoy more community events and activities! The weather warms up, trees bloom, kids get antsy to get out of school, and Richmond Hill residents get antsy tobuy orsell a home! If youve been waiting for thespring real estate market to arrive, its here! Contact me, yourRichmond Hill real estate agent, with questions or to get started toward your real estate goals and dreams.
Want to know whats going on aroundRichmond Hill? Hopefully you got to enjoy the St. Patricks Day parade that took place in our neighboring Savannah, GA this past weekend! Here are three more spring events to look forward to:
1. TheRichmond Hill Farmers Market is back! This market runs annually from April to October, and this years first market will be Tuesday, April 2 from 3 to 7 p.m. It takes place under a covered pavilion at J.F. Gregory Park and is held rain or shine! Not only can you purchase the freshest, most local produce and fresh foods, but this is also a great way to meet new people and mingle with neighbors. Local crafts, prepared food and live entertainment will also be provided, as well as special activities and events each week!
2. One of the great things about Richmond Hill, GAis its rich history. Luckily, the Richmond Hill Historical Society makes it easy for residents to get involved and learn more about this history! They host a free public lecture series each month, with new speakers each time. The next lecture will take place on April 4, with historian and professor of Armstrong University, Chris Hendricks, as the guest speaker. He will discuss Savannahs unique architecture. Thatll give you a great excuse to plan a day trip to Savannah after hearing the lecture!
3. Mark your calendars forGeorgia Cities Week, which begins on April 22 inRichmond Hill, GA! One week of each year honors all that our city officials do for us. So far, there is a business breakfast that starts the week off at Richmond Hill City Center. Then, there will be a large item trash pickup, which is a great way to spring clean and de-clutter your home! An art and essay contest will take place through Bryan County schools, and the week will end with a Fishing Derby at J.F. Gregory Park on April 27.
As a home seller, its important to realize that the first thing potential homebuyers see is the outside of your home. Whether its an online listing, a drive-by, a showing or an open house, they will see the front of the house. They will judge it, just like we judge books by their covers.
Lucky for you, a recent Cost vs. Value Reportshows that making exterior improvements yield the highest return-on-investments! So, as yourRichmond Hill real estate agent, Im here to tell you that if something needs updating on the outside of your home, do it. Its worth it!
Here are some ideas:
Replace the front door. A steel entry door topped the survey, with an estimated 85.6 percent of costs regained at the time of sale. If you cant afford to replace the door, at least give it a fresh coat of paint!
Upgrade the siding. This upgrade is going to cost a bit more, but it does yield a 79.3 percent return-on-investment, according to the survey. Cant afford it? Give your exterior a fresh, neutral-hued coat of paint! If your siding is rather new, just give it a good power washing.
Add a deck. Homebuyers really love a place to relax in the backyard, so if your yard doesn't have a place for this, a wooden deck would make a great addition, with a 77.3 percent return-on-investment. If you already have a deck, repaint and stain it.
Replace the garage door. This is another pricier option, but it yields a 75.2 percent return-on-investment. If your door is old, itd be ideal to replace this before listing your home. If its rather new, give it a fresh coat of paint and a power wash.
Replace the windows. This is where things really start to add up, with an expense averaging anywhere from $10,000 to $14,000, but with a 72 percent return-on-investment. Im sure you've guessed that if you cant afford to do this, a good washing will still make those windows sparkle!
Aside from these major improvement projects, there are simple changes you could make to your exterior, as a way to make current curb appeal come out from hiding!
You could weed and replace dead plants, flank your entryway with flower pots, mow and water your lawn, give your mailbox a fresh coat of paint, replace outdoor lighting with new bulbs and hang a welcoming front door sign.
Now that its 2013, real estate stats and predictions are in! Home sales were up 6 percent in 2012, which was the first time since 2005, and home pricesare predicted to increase this year by 6 percent.Mortgage rates are also forecast to increase as the housing market continues to recover. What that means is that if you want tobuy a Richmond Hill, GA home, now is the time to do it!
Richmond Hill, GAresides in Bryan County, which was founded back in 1793. The town houses around 14, 508 residents, with the beautiful Savannah, GA only 13 miles away. Savannah is a major tourist attraction and provides a whole slew of dining, shopping, entertainment, education and scenic opportunities!
Here in Richmond Hill, GA, our average temperature is an ideal 78 degrees, with winter highs in the 60s and summer highs in the 90s. These make perfect travel and living temperatures. Though more people come to visit Savannah,Richmond Hill has plenty of attractions all its own!
These include Fort McAllister State Park, Richmond Hill Historical Museum, the Mighty 8th Area Force Museum and J.F. Gregory Park, which is a 335-acre recreational area home to the Veterans Monument and the Great Ogeechee Seafood Festival. Salty Dawg Adventures is a charter service that helps you explore our local marshes, estuaries, creeks, rivers and more, where you can spot anything from birds to dolphins!
For recreation purposes, residents and visitors can enjoy the Green Creek Nature Trail, the Richmond Hill Recreation Center, the Teen Center, the YMCA, two public libraries and two public golf courses! Multiple marinas are available for boaters, including Ft. McAllister Marina, which is a full-service marina accommodating yachts up to 100 feet. Kilkenny Marina is more for the fishermen, with local creeks full of flounder, trout, crab, shrimp and more.
There are all kinds of annual events thatRichmond Hill, GA residents look forward to, such as the Annual Easter Extravaganza, OlTime Fashion Family Festival, Fourth of July, Annual Pumpkin Patch, annual Hometown Christmas Parade, Christmas on the Ogeechee Boat Parade and more!
For weekly entertainment, weve got "Move Nights Under the Stars" every Saturday evening, Kingdom Fitness programs every Monday evening and other miscellaneous events and activities throughout the month.
With that said, your new Richmond Hill home could make the perfect holiday gift this year! But what else should be on your wish list? You probably would like an upgraded kitchen, spacious bedrooms, a sturdy roof and ample storage. Perhaps youd like a large backyard, or you need a home office.
A neighborhood to fit into. As a homebuyer, you might be so focused on the Richmond Hill home of your dreams that you forget the neighborhood comes with it! Take a walk and scope it out. Are people out and about or do they keep to themselves? What are their age levels? Are there parks, a clubhouse, a pool or any other features? Is any entertainment or stores in walking distance? It might even be a good idea to talk to a couple neighbors, to get their feelings on the neighborhood.
A commute you can commit to. While the house might seem ideal, how far is your job from the house? Dont forget that if youre visiting on a weekend, your commute might be entirely different than during rush hour! Get up a few hours early one day to drive to work from the home you might buy. How long does it take? Drive to that house from work, too. If you take public transportation, see how long that takes and if the schedule coincides with your schedule.
Power and water for everyone in your family. Hopefully when you check out a potential home to purchase in Richmond Hill, you turn the lights on and check the water pressure. But even that isnt an accurate example of how much water or energy youll actually be using if there are more than one person living in the house! Turn on a few water sources at a time to see how well the pipes handle it. How is the pressure? Also, ask the home inspector how the electrical system will handle TVs, blow dryers, microwaves, coffee pots and computers all working at the same time.
To read the rest of the examples from this article, click here.
November Events To Look Forward To In Richmond Hill, GA!
In other places around the country, people are starting to crawl under blankets inside their homes with hot chocolate, fireplaces and movies. Luckily, while that is an option here inRichmond Hill, GA, it's also warm enough to still enjoy a plethora of activities! The holiday season is just beginning, and from here until the end of the year, it'll be nonstop fun in Richmond Hill!
As yourRichmond Hill real estate agent, I want to ensure that you're enjoying your homes surroundings as much as possible. So, I've gathered a list of upcoming events for you to look forward to.
Right before you indulge in your favorite Thanksgiving turkey, side dishes and dessert, take some time out of your Monday evening to focus on your physical health! Kingdom Fitness is led by Meredith Towne and focuses on making healthy changes to your health. Childcare is provided, so there is no excuse not to throw some sweats on and enjoy a rigorous workout tonight!
November is the last month for the 2012Richmond Hill farmers market, so don't miss it on Tuesdays these next couple of weeks! From 3 to 7 p.m., under the pavilion at J.F. Gregory Park, you can pick up fresh produce (perfect for Thanksgiving side dishes!) along with locally made crafts. All the while, enjoy entertainment and social time with fellow residents.
Take a break from the cleanup of one holiday and the shopping and preparations for the next! On Nov. 22, and every Saturday evening, head to the Ice Cream Stop inRichmond Hill for a free movie night under the stars. After the time change, movies now start around 6:45 p.m. It's free; all you need is lawn chairs or a blanket!
Nov. 30 kicks off Holly Days on the Hill inRichmond Hill, GA, the annual holiday festivity celebration you don't want to miss! Friday, you can enjoy a chili cook-off and holiday fun at J.F. Gregory Park from 6:30 to 9 p.m. Then on Dec. 1 is the Richmond Hill Hometown Holiday Parade from 10 a.m. to noon! Later that night is the Ogeechee Boat Parade at dusk, followed by a fireworks display! For a schedule of events, clickhere.
To view a full Richmond Hill calendar of events and details, visit the Richmond Hill Convention and Visitors Bureau website here.
Hopefully these events will keep you busy for the rest of November, aside from your personal plans for Thanksgiving, Black Friday and Christmas preparations.
You probably bought your Richmond Hill, GA home for many reasons. Maybe you new you enjoyed being in Richmond Hill, GA. for a while and wanted to live somewhere more permanently. Maybe you wanted a large place to raise a family. Whatever your reason, one component of buying a Richmond Hill, GA home probably had to do with financial investment. Buying property is a good way to invest your money. In order to best capitalize on that investment, it is important to keep your property well-maintained. Maintenance isn't terribly difficult, and as the old saying goes, an ounce of prevention is worth a pound of cure. By that I mean regular maintenance can save you costly repairs down the line. Here are seven maintenance tips to be mindful of each year:
Replace or repair exterior screens or window panes as needed. Check the seal around windows and doors to make sure air isn't escaping. This will also help with utility bills.
Pressure wash the siding of your home as well as any wooden decks or porches. Not only will this keep the place better-looking, it will help protect against rotting and will make the materials last longer.
Check the roof for loose, missing, or broken shingles. Repair or replace as necessary. Empty the gutters and make sure they are attached in all places and not rotting. Trim any branches touching the roof.
Clean out your chimney and fireplace, if you have one. Be sure to remove any leaves, dead animals, or other debris. Replace screens as needed.
Check faucets in the bathrooms, kitchen, utility room, and outdoors for leaks or other problems. Determine the cause of the leaks and repair them before they turn into something larger.
Each year, check all details of your air conditioning system (before summer) and heating system (before winter). Replace filters and small parts and make sure everything is working as it should be.
Check all smoke detectors and make sure they are working. Replace any dead batteries. Be sure to have a fire extinguisher on hand that is charged and in working order.
Great Ogeechee Seafood Festival in Richmond Hill, GA
Attention all Richmond Hill, GA home owners! There is a fun, delicious, family-friendly Richmond Hill, GA event that you do not want to miss coming up next month. One of the main reasons people want to buy a Richmond Hill, GA home is because of the strong community atmosphere and the wide variety of local events. This is one of the events that local residents look forward to each year. Do not miss it!
What is it?
The Great Ogeechee Seafood Festival. As you can probably already guess, food is a big part of this festival. There will be over 30 local restaurants represented here. In addition to food, there will be forty-five booths of local arts&crafts artists showing off their paintings, glasswork, wood carving, stitching, and more. Items will be for sale. Both local and national bands will provide entertainment on the local stage and main stage. There will be a carnival with games and rides for adults and children alike to enjoy. Finally, there will be booths for both businesses and non-profits to provide information and give out free items if they'd like.
There is plenty for everyone at this festival! Food, entertainment, a carnival, arts and crafts, and local businesses? How can you not attend?
When is it? The event takes place from Friday, October 19th to Sunday, October 21st.
Where is it?
The Great Ogeechee Seafood Festival takes place in Richmond Hill, GA. The exact location is JF Gregory Park, a 335-acre recreational area at the intersection of Cedar Street and Grove Court.
How much does it cost?
Adult prices are $5 on Friday and Saturday prior to 4 pm and all day Sunday. Adult prices after 4 pm on Friday and Saturday are $15. Admission for children age four to twelve is $3. Children under three are free.
Anything else I should know?
For the event website, click here. This is such a fun event that it has been going on for fourteen years! Be sure to come check it out, and don't forget to invite a friend.
If you have any questions about this or other Richmond Hill, GA community events, do not hesitate to contact me. Also, please get in touch if you have questions about or want professional help with local real estate.
Keeping emotions out of your Richmond Hill home sale
Selling your Richmond Hill home can be an emotional process. Although you've already decided it is time, there are probably many memories and feelings you have that are attached to the home. Selling your Richmond Hill home is really a business transaction, with the goal being to sell for as much as possible. Allowing emotions to creep into that process can delay your sale or reduce the total amount you end up making off of it. Here are tips for keeping emotions out of your Richmond Hill home sale.
Use data to remain objective One mistake home sellers often make is listing their house for too high of a price. Although you might want to take into consideration all of the money you spent on repairs over the years, and all of the time you spent on home improvements, that really does not matter when it comes to pricing. Look at data to see what similar houses in your area have sold for recently. That is the best, most realistic way to choose a price.
Refer to it as a house The words you choose have an effect on the thoughts you think and the way you feel. The word "home" has connotations of comfort, family, familiarity, etc., while the words "house" strictly refers to a physical structure. You are selling a house, not a home. Refer to what you are selling as a house and where you will be moving as your new home. That will make the truth feel more real.
Remove personalized belongings Pack up anything personal that you do not use on a regular basis and put it in storage. This will make it much easier to view what has been your home as a house that you are selling in a business transaction. Remove family photos, cherished mementos and decorations, books, DVDs, magazines, and more. This has an added benefit of making your house more attractive to potential buyers that view it. They want to imagine themselves living there, and that's easier to do if everything looks more neutral.
Avoid open houses At open houses and showings, potential buyers speak candidly about what they see. It might bother you to hear that they think your favorite, new, expensive carpet is ugly and would want to immediately rip it out. Staying away from open houses and showings is more comfortable for you and buyers. They don't want to feel like you're watching them.
Enlist a professional for negotiating Home owners are prone to take it personally when they receive a low ball offer. Low offers are not insults. The buyer is simply trying to test the waters and see how cheap they can possibly pay. Letting a professional handle negotiations can help you avoid becoming insulted or angry by low offers or stubborn buyers. A professional will not take these things personally and might be able to strike up a deal with a buyer a home owner would refuse to continue negotiating with.
Hopefully these tips help your Richmond Hill home sale go more smoothly. If you have any questions about buying or selling locally, or would like to enlist my professional help, do not hesitate to contact me!