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Camas and SW
Washington Properties
James
Kimball has been selling homes in Camas and SW Washington for over 15
years. He is recognized as Top 1% All Agents Nationwide and is
the SW Washington Area's Premier Choice for High-Quality Real Estate
Service.
Selling properties in
all area cities including Camas,
Vancouver,
Washougal,
Ridgefield,
La
Center, Woodland,
Battle
Ground, Amboy
and Yacolt
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Selling
Your Home
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Sometimes,
life just hands us the inevitable: just when
everything seems right with your home, something
happens and you have to sell your dwelling. No
matter what your reasons are for selling, remember
that now is no time to dawdle, the process of
preparing a home for sale can take a month or more.
So, here's how to start:
1. Take
a Fresh Look at Your Home
Your
home looks great to you, but a buyer wants to see it
since he and his family will be living in it -- so
take fresh look at your dwelling. Hop in your car,
drive around the block, and then scrutinize your
home as a prospective buyer will see it for the
first time. First, consider what's called
"street appeal;" does it need washing or
painting? Does the driveway need repair work? Is the
landscaping in good shape? Remember, be very
critical; your buyer will be.
Next, pull into the driveway and take a good, hard
look. Is the yard neat and trimmed? What about the
view from the front yard? Then, walk inside and size
up the interior as though seeing it for the first
time. Take a tour and imagine what your real estate
agent might say about each room, look into cabinets,
open doors, check out the bathroom.
Then, make a mental note of the things that might
put off potential buyers, along with another list of
the things that first attracted you to the dwelling.
Remember, the home's become a great place for you,
but a new buyer will see things that you don't.
2. Clean
Out the Clutter Before You Start to Sell
Before
putting your home on the market, get rid of clutter
in every area -- closets, attic storage, kitchen
cabinets, drawers, bath vanities, and shelves --
everywhere. Remember, this is no time to be
sentimental: if you don't use it, lose it. Potential
buyers are seriously put off by clutter, and most of
us drag a lot more things through life than we
really need.
Also, don't forget the furniture and fixtures when
getting rid of clutter -- most of us put too much in
too little space, which makes a buying prospect,
think your home is too small.
Then, have a great moving sale with all the stuff
you've collected and use the proceeds for paint or
whatever other materials you need for repair
projects. If you just can't bear to part with some
possessions, store them in the attic or some other
place that's out of sight to a potential buyer.
3. To
Sell, Sell, Sell -- Clean, Clean, Clean
After
you've cleared out the clutter, it's time to really
clean. Have the carpets professionally cleaned,
strip and polish the floors, scour the bathrooms, go
over the laundry room, polish the furniture, scour
out the cabinets, wash the windows and window
coverings, and spiff up the ceiling fans and kitchen
appliances. In short, clean everything.
Don't forget the exterior; paint or power-wash
everything that needs the work. Remember, this is a
ceiling-to-floor, roof-to-foundation clean-up
project.
4. Get
More for Your Home: Repairs Pay Off
After
you've cleaned the place to within an inch of its
life, the next project is making all the repairs
necessary to attract a buyer.
So, patch up the roof, touch up all the paint,
repair the screens, spruce up the porch framing, and
make your entry area really shine. Don't forget to
water the lawn and landscape beds, and take the time
to trim, mow, edge and get rid of sick or dying
plants. Inside, fix the grout in the bathrooms and
on tile floors, adjust any doors that need it, fix
any scratches on the walls, cover any stains, and be
sure to fix any plumbing problems. Remember, do what
your home needs before the first buyer appears at
your door.
Also, it's a good idea to get all this done before
getting the real estate broker to make the first
listing -- a good agent will advise you on what
needs to be done. Also, if you have friends willing
to be brutally honest about what your home needs to
sell, invite them to assess the fix-up needs.
There is, however, an alternative to the sweat
equity you get from a total fix-up --but it carries
a price. An "as-is" sale keeps you from
doing all this work, but a buyer will assess about
twice the price you would have paid for the repairs.
Then, the buyer will deduct that amount from your
asking price before making an offer.
5. Putting
Your Home on the Market: Show It to Sell It
After
you have cleaned, shined, mowed, and generally
whipped your property into shape, it's time to
attract a buyer.
Regardless of who markets your home, you or a
broker, there are other, small things you must do to
attract buyers. For example, even if it's bright
daylight, open the blinds and turn on the lights.
Also, open all the interior doors to make the home
appear roomier. Be sure to remove all your kids and
pets -- they're cute, but a prospect wants to see
your home, not your pride and joy. In addition, make
sure your pet's litter pan is clean so the home
smells clean and fresh, not like air freshener.
Remember, you need to make sure your home is
available to be seen by a prospective buyer with as
little notice as possible. That means less than an
hour, or even five minutes, if possible.
6. Get
a Sense of the Market
Before
you put your home on the market, take a weekend day
to check out the competition: homes with similar
prices and in similar neighborhoods. Remember, you
don't have to go out and buy new furniture just to
look like that beautiful new model in the new
development -- what you want is the feel of that new
model -- clean, uncluttered, and fresh.
Remember, after location, the most important item to
a buyer is a well maintained home. Many flaws can be
overlooked if the buyer knows he can move in without
a lot of trouble and expense.
1)
Plan ahead -- From the moment you think about buying a
home, start planning. Home buying is a time-consuming
and demanding process, and it behooves you to utilize
your management skills early on.
Start by requesting a copy of your credit report.
Carefully examine it for errors, and clean it up
before you talk to a lender. Are you currently
renting? Check your lease for an early release clause.
If you'll be subject to penalties, try to time your
closing with the expiration of the lease.
During this planning phase, consider your life over
the next five to seven years. Do you plan to start or
grow a family? Will an in-law eventually move in with
you? Will you be working from home? The number and
layout of the rooms you require will depend on your
answers.
If you qualify for financing based on a dual income,
will you be able to survive on one salary in order to
fulfill a long-range plan, such as one parent staying
home to raise a child? Once you've answered these
questions, establish a plan. Then direct the process
with reference to the plan. Don't let the process
dictate to you.
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| 2)
Understand the home buying process. Homebuyers need to
ask questions. Lots of questions. So choose a real
estate agent who has experience and is willing to
explain the entire home buying process-from viewing
homes to negotiating, to financing, to escrow and
closing-in detail. |
3) Stay
within your budget when searching for a home. What can
you do to avoid becoming enamored with homes that are
out of your price range? Monitor your expenses for a
couple of months. Then, based on your findings,
develop a budget that truly reflects your lifestyle.
Talk to a real estate agent who can provide insight
into new home expenses and taxes. Then revise your
budget.
It's smart to ask your lender to pre-approve, rather
than pre-qualify, you for a mortgage.
Pre-qualification only tells how much you can afford.
Pre-approval goes a step further. Your lender will
thoroughly evaluate your application-including
verifying employment information and financial
disposition-then clear you for a loan of a determined
amount. Having your loan pre-approved gives you a
sizeable advantage: Your new status as a cash buyer
makes you more attractive to the seller.
Once you learn how much of a home you can afford, stay
within your budget. Just because you've been approved
for a certain amount, doesn't mean you'll feel
comfortable with monthly payments at the high end of
the range. Ask yourself if you can live with these
payments. Do they fit your established budget? If not,
rethink your spending limit. Your new home should give
you great pleasure, not hold you hostage.
When you relay your price range to a real estate
agent, ask to view properties within that range only.
By restricting yourself, you'll avoid disappointment
later on. |
4) During
the home search think with your head, not your heart.
Curb appeal can be a powerful force. It's the buyer's
kryptonite. By disengaging the mental faculties, it
leaves the homebuyer emotionally vulnerable. To
counter its effect, you must be objective. Brutally
objective.
Look at many homes, including an assortment of types
of homes. When you view a property, list the positives
and the negatives. Make certain your furniture will
comfortably fit into the space. Visit at various times
of day to see how much natural light floods the rooms
and check for changes in traffic patterns, especially
at local rush hours. Have an inspector or engineer
pick apart the property. And recruit a friend to view
the home and provide you with objective feedback. Ask
if he or she can picture your family living there and
discuss the whys and why nots. Jot down the points for
later review.
Also, think about how long you plan to own the house.
Would it be difficult to resell? List the negatives.
Could you eliminate or reduce them? |
| 5)
Investigate the area in which you are thinking of
buying. Don't stop your inspection at the property
line. Examine the surrounding area. Is it safe, well
maintained and moderately quiet? Is it convenient to
work, schools and shops? Ask about zoning and that
lovely forest of vacant land across the street. Could
the highway nearby be widened in a couple of years?
How far is the train? Within ear shot? If you're not
familiar with the area, ask friends and colleagues
about it. Do your research. |
6)
Understand the financing. Here's where it helps to be
a quick study. Homebuyers have to contend with an
assortment of mortgage types and the associated
jargon. Your real estate agent can be a great
resource.
Get every detail in writing, in particular, the
lock-in rate, points and fees. And request a copy for
your file. You should also request an estimate of your
closing costs, which generally run between 3% and 6%
of your loan. Inquire about prepayment penalties. Have
the lender attach an addendum to your contract that
specifies that no penalties will be imposed for
prepaying the loan. This step could save you a good
deal of money.
Before you get to the table, read all the documents
related to the purchase of the property, and have a
professional review them. You're signing a binding,
legal document. Make certain you understand the
conditions of the loan.
Most of all, remember to call me at 360-910-1570 as
a resource. Ask me to explain anything you aren't
clear on. I'm here to educate & guide you, and
protect your interests.
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