#Home Selling Process

[brianwilder]

From Sold to New: Planning Your Next Steps After Selling Your Home

If you're thinking about selling your house and moving, you’ve probably noticed the shortage of available homes. Here’s some good news: this year, the supply of homes for sale—including newly built ones has increased in many markets.

So, how do you decide between buying an existing home or a brand-new one? It all comes down to what matters most to you.

Benefits of Buying a Newly Built Home

Here’s why opting for a newly built home might be the right choice for you:

Everything’s Brand New: Enjoy fresh appliances and materials that have never been used before.

Energy Efficiency: Take advantage of modern, energy-efficient options to save money and reduce your environmental impact.

Fewer Repairs: New homes typically require less maintenance and come with builder warranties for added peace of mind.

Builder Concessions: Builders often offer incentives and are more open to negotiations to close a sale, which can improve affordability.

Many builders are currently focusing on selling their existing inventory before starting new projects. As a result, they’re offering concessions and being more flexible in negotiations. Additionally, since many builders are focusing on smaller, more affordable homes, you might find that the median price for a newly built home is actually lower than that of an existing home—a rare scenario in today’s market. As Ralph McLaughlin, Senior Economist at Realtor.com, explains:

“Homebuyers who are looking for that ‘new-home smell’ may be in a relatively friendlier market than times past when new homes were considerably more expensive than used ones.” 

Perks of Buying an Existing Home

Let’s weigh the benefits of purchasing an existing home:

Established Neighborhoods: Move into a neighborhood with an established vibe and get a feel for the area before committing.

Variety of Styles: Choose from a wide range of floorplans and architectural styles that may not be available in new constructions.

Lived-In Charm: Enjoy the unique character and charm that only an older home can offer.

Mature Landscaping: Benefit from the privacy and curb appeal of mature trees and well-developed landscaping.

In addition to these lifestyle advantages, buying an existing home offers strategic value. You can always upgrade the property over time to incorporate the latest features, giving you the charm of an older home with the benefits of modern elements. This approach not only provides you with the best of both worlds but can also increase the home's value. As LendingTree highlights:

“they can personalize it and possibly increase its potential resale value with cosmetic upgrades . . . Plus, if a home comes with physical details or stories that add charm, in some cases, these elements are attractive enough to add to a home’s resale value”

Interested in exploring your options? Reach out to your real estate agent to view the available homes in your area and find one that suits your needs.

Bottom Line

There are a lot of factors that go into deciding whether to buy an existing home or a newly built one after you sell, but it’s essential in today’s market to understand the opportunities you can find in both. Let’s connect so you have expert guidance as you explore the options in our area.

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[collettemcdonald-property]

Relocation - Listing Your Home

Brought to you by eXp Realty, LLC, Office: 888-959-9461 & Collette McDonald, Direct: 770-500-8400. For more information or to contact us, please visit us at: http://www.collettemcdonald.com/

[365frederick]

How to Sell A Home: Essential Step-by-Step Guide to Success

Selling a home is a significant undertaking, one that involves numerous steps and decisions along the way. It’s a process that can be both exciting and daunting, especially if you’re unsure of where to begin. Just like any journey, having a clear roadmap of how to sell a home can make all the difference in ensuring a successful and smooth transition from homeowner to seller. … Navigating the…

[jollycryptid]

My student visa got approved!! I GET TO SEE MY FAMILY AGAIN!!!

[thebirdandhersong]

Lol. Lol. Lol.

[cosmikirby]

Happy Mad Rat Monday!!!❤️🐀🎩‼️‼️

This week i drew the official pin designs for good luck in actually trying to buy them🎉🎉 (and because I've always wanted to redraw them anyway haha)

[queerdraws]

I'M IN LOVE WITH YOUR ART, will you ever sell the last ones for the playlist in pdf or something like that? I'm from Brazil so is easy for me in those formats, and i would love to buy one. ❤💚❤💚

Thank youuu!! pdf? like I sell the fullsize image digitally & you'd print them off yourself? I hadn't thought abt that! I'd still need to redraw them at a larger size for print tho Here's the current sizing issue:

I genuinely wasn't expecting people to want merch lmaoo, I'm just drawing for my own sake (these were a fun lil side project) But esp since this is the third time someone's asked abt merch of these, I'm considering it! (gonna use these to fund my vitamin d tablet & multivitamin supply 😏) 🥲 i'm really glad my art is resonating w people so much ❤️

I know it's less of a "thing" these days but as w any of my art, u (and all my followers) have my permission to print out the tiny versions i've posted to tumblr [just for personal use, not for profit] & put them up on your wall or w/e. like those old-school anime collages.

If I do ever make a better print-size version, and u still want it, u can always buy it whenever that happens :)

[champstorymedia]

Fast Track Your Property Sale: Proven Methods for a Speedy Transaction

Introduction Are you looking to sell your property quickly and efficiently? In today’s fast-paced real estate market, time is of the essence when it comes to selling your property. From staging your home to pricing it right, there are proven methods that can help you fast-track your property sale. In this comprehensive guide, we will explore some strategies and tips to ensure a speedy…

[trashbaget]

tell me your failed/embarrassing flirting stories to make me feel better, i’ll go first: today i said “get out of my way” forgot to say “i’m kidding” then immediately said “bye”

[applejarjar]

Shitstorm of a day

[alloutshirt]

disclaimer : this is a personal life vent look away

shouldn’t be sharing this but i need to take it off my brain (wow reading it back it really sounds like i lost my mind but unfortunately it’s all true and not all of it fits in 30 tags lmaooo)

[sprestigeservicesllc]

When it comes to selling your property, trusting the right professionals can make all the difference. Many people underestimate the complexities of real estate transactions, often leading to costly mistakes.

[inkskinned]

the tradwife movement is the same as it has always been - back in the kitchen, back to breeding - it just has better branding.

when i was younger, i hated pink. i was not like other girls. this is now something i'm embarrassed of - this was not me being a "girl's girl."

but it was expressing something many of us felt at the time: i literally wasn't what girlhood was supposed to be. this is a hard thing to explain, but you know when you're not performing girlhood correctly. it isn't as easy as "i liked x when girls liked y" - because there were other girls that liked x, too - but i never figured out exactly the correct way to like x, or to be interested in y.

now there is the divine feminine. this is the same rhetoric it has always been: women are biologically driven to like pink and ribbons and submitting to our husbands.

the problem is that the patriarchy found a better PR team. because yes, actually, i want every woman to have the choice to be a homemaker. i also want her taken seriously for her legitimate home-making labor. i want her to be recognized as also having a job, just unpaid. i want men to have this opportunity, too.

but it is no longer "i made this choice and I love it." instead it is a sixteen-paragraph rant about how selfish it is that my generation isn't having kids. instead it's long videos about how if you feed your children processed foods, you're going to kill them. instead it is "this is what womanhood is supposed to be. i feel bad for any other choices you're making."

the shame spiral is just prettier. it is large houses devoid of personality. it is the implication: if you don't have this, you aren't happy. the solid, everlasting assurance: women are actually supposed to be submitting. this is the default. this is the natural state of things. all other attempts inflict suffering.

but you can no longer say i'm not like other girls. you can no longer reject this image completely. you cannot find it revolting, even if you know that the underbelly is toxic and festering. sure, it is the same repackaged patriarchy. but the internet does not have shades of grey. you should support and reward other women! your disgust is actually internalized misogyny. not because you are seeing a vision of yourself the way they're trying to train you to be. not because you feel her ghost pass within an inch of your earlobe. not because your father will eventually ask you - why can't you be like her?

because they figured out how to make it beautiful: women will sell other women on this idea, and we will find the singular loophole in feminism. sure, she's shaming you in most of her videos. sure, she implies that a different life is obscene. but she just wants you to be happy! you'd be happier if you were listening!

and the whole time you're sitting there thinking: i'd actually just be happier if i had that kind of money.

[asherbrien]

How Is The Selling Process Different With A Cash Offer?

The selling process for a home differs significantly when a cash offer is involved, compared to traditional financed purchases. Here are the key distinctions:

Initial Offer and Acceptance

In a cash transaction, the buyer presents an offer stating they intend to purchase the home without the need for mortgage financing. This often makes the offer more attractive to sellers due to the speed and certainty it brings. Once the offer is accepted, the process moves forward quickly since there are fewer contingencies and less paperwork involved.

Simplified Paperwork

Cash offers entail less paperwork than financed purchases. There are no mortgage applications, lender disclosures, or financing contingencies to manage. This streamlined paperwork process reduces the administrative burden and speeds up the transaction significantly.

No Financing Contingencies

Traditional home sales often include financing contingencies, which allow the buyer to back out if they cannot secure a mortgage. With cash offers, this contingency is eliminated, reducing the risk of the sale falling through. This certainty can be a major advantage for sellers, particularly those who need to sell quickly.

Faster Closing Process

Without the need to wait for mortgage approval, the closing process for cash sales is much quicker. While a financed purchase can take 30-60 days to close, cash transactions can often be completed in as little as one to two weeks. This expedited timeline is especially beneficial for sellers in a hurry to move or who are facing financial pressures.

No Appraisal Requirement

In a financed purchase, the lender requires an appraisal to ensure the home is worth the loan amount. If the appraisal is lower than the agreed price, it can complicate the sale. Cash buyers typically do not require an appraisal, which eliminates this potential hurdle and simplifies the transaction.

Fewer Inspections and Contingencies

Cash buyers are often willing to waive certain inspections and contingencies, further speeding up the process. While it is still common for buyers to conduct a home inspection, they may be more willing to accept the property “as-is,” meaning the seller is not obligated to make repairs or adjustments.

Title and Escrow Process

The title and escrow process is more straightforward in a cash sale. The title company conducts a title search to ensure there are no liens or legal issues with the property. Once the title is clear, and both parties have fulfilled their obligations, the sale can close. The escrow process, which involves holding funds and documents until all conditions are met, is typically quicker since there are fewer contingencies.

Reduced Costs

Without the need for a mortgage, there are no lender fees, mortgage insurance, or other financing-related costs. This can reduce the overall closing costs for both the buyer and the seller. Sellers may also save on holding costs, such as property taxes, utilities, and maintenance, by completing the sale more quickly.

Conclusion

Selling your house for a cash offer simplifies and expedites the process significantly compared to traditional financed transactions. With fewer contingencies, no need for mortgage approval, and a faster closing timeline, cash offers provide sellers with a level of certainty and efficiency that is highly desirable. Understanding these differences allows sellers to appreciate the advantages of cash offers and make informed decisions that align with their selling goals and timelines.

[maresident]

Home Buyers: Navigating the New Landscape for Home Buyers: What You Need to Know

Starting August 17, 2024, home buyers will encounter some significant changes in how they work with realtors. Here’s a guide to help you understand what to expect and how to navigate this new landscape effectively. Since this is an evolving change, you will have to ask many questions of your Realtor. Buyer Agreements and Realtor Compensation Gone are the days of just clicking the “Request A…