Preferred Real Estate Brokers Blog

Sunday, September 20, 2020   /   by Troy Bryant

HIDDEN FEES TO BE AWARE OF WHEN PURCHASING A HOME.

Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase then the price of the home. Here are 5 fees to keep in mind as you begin to budget.

Home inspection. This is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. Generally, you can expect to pay between $300 to $500 depending on the home and the location.
Title services. Title services encompass the transfer of the title from the seller and a thorough search of the property’s records to ensure to no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home.
Appraisal fee. Before getting a loan, you will likely be required to get an appraisal of the home to determine its estimated value. This will be conducted by a ...

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Tuesday, September 15, 2020   /   by Troy Bryant

Now is the perfect time to sell.

As the post-COVID recovery starts, buyers are back looking for homes and entering the housing market.
 
The housing market is experiencing a mini-boom that will last, perhaps, until the end of 2020. As a real estate professional, you need to take advantage of this demand.
 
According to Stuart Miller, executive chairman of Lennar, "while many parts of the economy are still waiting to open and rebound, the housing market has proven to be resilient in the current environment".
Here are some of the reasons why now is the best time for you to invest in your marketing and show homeowners that this is the best time to sell their homes. 
Inventory is Low and Home Price is Rising
The number of homes for sale is down 31% year over year. More buyers are competing for a limited supply of homes, prompting home prices to rise.
 
Prices for existing homes jumped 7.4% in April 2020 compared to a year earlier. All four major regions of the U.S. posted annual price gains. ...

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Tuesday, September 15, 2020   /   by Troy Bryant

What to repair before listing your property.

When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top four recommended repairs to make before selling your home.








Repaint walls.


Giving your home a fresh coat of paint is one of the most cost-effective ways to spruce it up, and generally, it can be a do-it-yourself project. Make sure cover any walls with scratches and chips and consider updating any accent walls with a more neutral coat.


Repair floors.


Hardwood floors are a very desirable feature in a home, so you want to ensure they look their best by fixing scratches or dull areas. If your carpet is worn or stained, consider replacing them. And don’t forget the tile in your kitchen or bathrooms. Re-grouting can go a long way in making dingy tile work look brand new!


Re ...

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Preferred Real Estate Brokers
2121 S Hiawassee Rd #100
Orlando, FL 32825

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