Welcome to Heidi Herda Realtor® Keller Williams Classic Realty blog!
The home buying or selling process can sometimes seem overwhelming, but it doesn't have to be! Heidi Herda and The Herda Home Team have established helpful Real Estate FAQ's and have drilled down the home selling process and the home buying process for your to navigate with ease. Of course, having a professional, experienced Real Estate agent at your side makes all the difference! That's why Heidi Herda and The Herda Home Team are committed to giving you superb attention, communication, honesty and integrity while we help you through your home buying or home selling journey.
Regardless if this is your first home, or tenth home, or your last home we are happy to work the way you need us to work in order to achieve the best results possible. We have out of the box ideas on marketing, searching for listings and we negotiate on your behalf till the end! We're movers and shakers... well maybe not the actual 'moving' part... but we definitely have referrals for all the things you may need! Call, text, or email us to get started! 612.807.4858
As a professional Realtor, we know the first step most home buyers do is start looking for homes online. The more homes a potential buyer sees on the MLS (multiple listing service), usually the more excited they are about home buying! I'm sure you are no different! It's great to get an idea of the price of homes, the location and start to form an opinion of what styles of homes might appeal to your lifestyle... unfortunately, this really isn't the first step to buying a house.
The fist step is the bank pre-approval
Typically, not the first step potential home buyer's take, but it is a true step toward homeownership. A preapproval from a bank or credit union does several important things right off the bat. First, the bank you pick will verify your credit score, review your debt as it relates to repayment of the low and also an important piece they will review payment scenario's, review loan programs and once approved, they will give you an idea of the range of home pricing you should be looking at.
The second, very important part of having a preapproval first... seller's will know you're serious. You cannot ever write an offer on a home without being preapproved first. In a fast moving Real Estate market (which we're in) you need to be prepared, if not, you're likely to miss a chance at a house that might be perfect for you. (FULL ARTICLE HERE)
Well first, do you still want to sell it? Likely! If you're home was listed on the market without receiving an offer it's likely that your contract with your agent has expired.
The first and foremost reason why homes expire off the market is because they may have been incorrectly priced. Picking an agent that knows the local market and understands how to price your home competitively is very important. Pricing your home too high in the beginning may even have hurt your bottom line. A home that is high in price tends to sit on the market much longer than the ones that were accurately priced in the first place. Allowing your home to become market warn (sitting on the market for several months without selling) can give a potential buyer the impression that "something is wrong with it" or that they just can't afford it without even looking at it.
The second reason homes expire off the market is a lack of marketing. The days of posting a sign in the yard and waiting for another Real Estate agent to sell it are long gone! The way consumers search for items has changed and if your agent can't change with the times it's likely that your listing didn't get the most exposure possible. The agent that you pick should always be working for you and should have prepared a full comprehensive marketing strategy to create that urgency and get your home sold in a timely manner. There’s more… Get in touch with a Realtor willing to get you to the closing table without leaving money behind!!! 612.807.4858
I Want to Buy a House, But I don't Know Where to Start.
If you're thinking about buying a home that's awesome! There're many benefits to being a homeowner. You may begin your search by viewing the active listing on the MLS, but that's not actually the best way to start. In my opinion, the best way to start is to find a lender. I know, that's typically not the first thing a prospective home buyer wants to do. The reason why I suggest this is because determining what you can afford can eliminate some heartache. Speaking with a lender early on will help you determine your budget, your payment and they will review loan options that may be right for your situation. Plans vary and if you qualify there are programs out there that can help you save money. Establishing your monthly payment and what you're comfortable paying is also a very important step. Remember you will likely be responsible for your utilities, water bill, and trash bills so make sure you're not overextending yourself with your payments. When you know your budget it will be easy to narrow your search so you don't fall in love with a home you can't afford. REQUEST A SHOWING
There are many great reasons why home ownership should be at the top of your list, but the expense of home ownership keeps some people from taking the leap into home ownership. Read Full Posting...
So you have made the decision to sell your home and wondering what steps do I take next? Well, click the title link to find 7 Tips to Getting your Home Ready to Sell. Don't overlook the items I have listed in this section. As home owner's we "make due" or don't notice things that may need a little attention around the house. Remember, Real Estate agents look at your home from a buyers perspective so you can get an early offer with a higher sale price. Don't be offended when your agent makes suggestions as those can be the difference between a long market time and a short market time.
What Is a Home Appraisal?
A property appraisal is an estimate of a property’s value. The appraiser will look at the age of the home and how it was made. The air conditioning/heating, plumbing, and wiring will also come under inspection as will the aesthetics of the home. Features, such as number and size of bathrooms and closets will also be a factor in determining the home’s value. The presence or absence of a garage, attic and basement will also determine the value of your home. Read Full Posting...
Champlin, MN 55316 has had a large inventory of short sale properties in the last few years. Recently, the market has been flooded mainly with your typical residential home sellers which have shown improvements in pricing your Champlin home for a quick sale. The goods news to seeing the average distressed property (short sale or foreclosure) in the lower end ratios is that it doesn't have a lot of effect on pricing for a residential home. Read Full Posting...
How Much Home Can I Afford?
Typically, the first question would-be home buyers ask themselves is, "What can I afford?" There are many factors that determine what a reasonable mortgage payment should be for an individual, including annual income, existing debt payments, down payment (if any), as well as additional costs like homeowners insurance and housing association fees. Your local Credit Union provides a handy Loan Resources and Payment Calculator to help home buyers find a monthly payment that's comfortable for them. Keep in mind, the amount you are qualified for should not always be the amount you use to purchase your first home. A comfortable loan amount will equate to a comfortable monthly payment. Get a referral from The Herda Home Team 612.807.4858