Real Estate Tips for Buyers and Sellers

 

Real Estate Advisor: March 2016
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Real Estate Tips for Buyers and Sellers
Thinking about starting a home search or selling your home soon? The 2016 real estate season is upon us, and if you are anticipating a home search, or selling a property, here are some top tips to help you navigate the real estate market in your area this spring and summer.

For Buyers

Don’t go overboard with an offer

While you might be inclined to get into a bidding war over your dream home (the market is pretty competitive), don’t overspend to the point where if the market stabilizes your home will have an overly inflated price and make it difficult to resell in the future. If you plan on living in the property for a long time, paying a high price isn’t a bad thing, but it’s a good idea to set a limit on how high you’re willing to bid for a home.

Start your search ready

If you’re already looking into purchasing a home or property, and you know you’ll need a mortgage, you should already be shopping for a loan. Buyers with a mortgage pre-approval are a step above those that haven’t even looked into loans. You can also help your purchase game by having fewer contingencies or conditions that affect the purchase. If you can start your home search with some of your bases covered, and the ability to be flexible, you’ll already be far ahead of those just entering the real estate race.

New doesn’t mean pristine

While we all dream of buying a brand new home, complete with absolutely no projects, it’s quite common for brand new construction to have issues. The reality is that builders can and do cut corners, and the last thing you want is to invest your money into a brand new home only to find out that certain things were not completed 100 percent. If you’re looking to buy new construction, it’s not a bad idea to hire an independent inspector to make sure your new home is up to all current building codes and standards.

Beware of hidden costs

While you might find a home that is the perfect price for your budget, beware of the hidden costs that come along with buying a property. You may or may not have a mortgage, but you will have yearly property taxes that will either be monthly payments or a large payment once a year. If you do need a mortgage, you can expect an origination fee, and depending on the amount of your down payment or you credit rating, you can also expect to pay private mortgage insurance. You can also expect fees by way of the home inspection, appraisal, and in some communities there will be monthly HOA fees.

Don’t be afraid to go outside your comfort zone

Many buyers have a specific neighborhood, town or city picked out before they begin their property search. With the U.S. real estate market being as competitive as it is for buyers, don’t be afraid to look into areas that are developing when you look for your new home or property. Homes and property prices might likely be lower in developing areas, and if you can find an area where new businesses are being introduced and other amenities will be available, home values may significantly increase over the coming years.

For Sellers

Play to your advantages

The U.S real estate market is being called a seller’s market, meaning there are more people trying to buy houses and properties than there are actual properties to buy. Because of this, as a seller, you can play to your advantages: you can likely get away with not paying closing costs; you can dictate the terms of the sale and any contingencies a buyer might have; you can entertain multiple offers and choose the best one for you. But in all of this, don’t try to price your property outside of your area — you want to sell your home, not keep it on the market forever.

Know the best areas of your property

If you’re considering selling your property, there are two room updates almost every buyer appreciates: kitchens and bathrooms. If you have the time and money to invest in updating these two areas of your home, try a basic face lift (you don’t need to go overboard!). Add some fresh paint, clean up the cabinets, and install new lighting or hardware. Make the kitchen and bathrooms pop: buyers always react best to a fresh, clean and clutter free kitchen and bathroom.

Do you have a replacement property picked?

You might be considering selling your home or property — have you started your property search yet? With the market being as competitive as it is, it’s a good idea to start your property search when you put your own property on the market, and sometimes even before. You don’t want your home to sell before you have a place picked out. If you do find yourself in a bind, you can always work with your agent to make the closing period longer. Whatever you decide to do, make sure you start your property search as soon as possible.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Mountain Shadows Neighborhood in Colorado Springs

Mountain Shadows is a neighborhood located in the Northwest part of Colorado Springs. It is a large neighborhood with just over 6,000 people who live there. 82% of the people who are living there are the homeowners. The top interests of the neighbors are hiking, family, dogs, reading, camping, music and movies.

To view homes for sale in Mountain Shadows area click the following link: Mountain Shadows

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs Real Estate Weekly Report

Colorado Springs Real Estate Weekly Report

weekly report 05092016

 

Houses are flying off of the market these days. I was literally writing an offer on a house and before I finished the house went under contract! Now is a great time to be selling, give me a call if you are thinking of it.

 

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs Weekly Real Estate Report

Colorado Springs Weekly Real Estate Report

 

weekly report 05012016

 

The weekly report shows that the market is doing better although houses are still going super fast. 361 sold in the last 7 days! I keep saying, if you are even thinking of selling now or in the future, give me a call I would love to talk to you about buying or selling a house.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs Real Estate Weekly Report

The Colorado Springs Real Estate Weekly Report

April-17-2016-Colorado-Springs-Weekly-Real-Estate-Market-Report

 

The weekly report shows that the market is still doing well. Houses are not lasting long at all and our inventory is still on the low side. I know I am sounding like a broken record, but if you or someone you know is even thinking of selling, give me a call.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs Weekly Real Estate Report

weekly report 4102016 weekly report 4102016

 

The Colorado Springs weekly Real Estate report shows the market is still doing well.  Houses are flying off of the market and not lasting long at all! If you are thinking of selling or buying or if you have any questions give me a call, I would love to talk with you!

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

 

 

Knob Hill Colorado Springs

The neighborhood of Knob Hill is located just northeast of downtown Colorado Springs. It is largely populated with a population of 3688. The average age living in this neighborhood is 46 years old.  About 35% are homeowners.  Top neighbor interests are music, gardening, travel, dogs, cooking, reading, food and baking. The things that make Knob Hill great are how quite and peaceful the streets are, the friendliness of the neighbors, and how convenient it is to shopping. The Colorado School for the Deaf and Blind and the Union Printers Home are both located in this neighborhood.

To view homes for sale in this neighborhood click here Knob Hill

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs weekly Real Estate Report

weekly report 432016

 

The Colorado Springs weekly Real Estate report shows the market is still doing well. Although we do still need more houses on the market, we are still pretty low in that area. Houses are not lasting long at all! If you are thinking of selling or buying give me a call, I would love to talk with you!

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

 

 

Bonnyville Colorado Springs

Bonnyville is part of the Downtown/ Central location in Colorado Springs. It is a fairly small neighborhood with about 513 residents. The average age in this neighborhood is 48 years old. About 62% are homeowners. The top neighbor interests are history, food, music, reading, family, camping, cooking, dogs, and genealogy. The neighbors love Bonnyville because it is dog friendly, family oriented, mature, friendly, and walkable. 

The link below has a list of the homes for sale in Bonnyville.

http://www.wyniarealty.com/bonnyville-homes-for-sale-colorado-springs.aspx

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs Weekly Realtor Report

2016-30-3--16-06-07

The Colorado Springs weekly realtor report for March 27 2016. Inventory is still low compared to last year. But the market is still doing pretty well.  If you are interested in buying or selling your home I would love to talk with you, please feel free to contact me.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!