Name: IS THE PRICE RIGHT?
Ingredients: PRICE TO SELL

Price To Sell

Posted on November 4, 2019November 5, 2019 by Arona A.

This can be one of the most difficult part of the selling process for most homeowners. This is the home that you may have raised your family in and with that comes all the memories. How can you put a price tag on that? If you are selling by owner then it’s up to you to figure out what will be a fair price.

Take a look at your home and realistically write down the square footage of the home, number of bathrooms and bedrooms, any updates, example maybe you added a new roof, new kitchen or bathroom remodel. These things will be important when comparing your home to ones that have sold in your area. If your price is too high you may find that your home will sit on the market for months and if it’s too low, then you end up losing money.

IS THE PRICE RIGHT?

Category: buying real estate, for sale by owner, real estate, selling real estate

PRICING YOUR HOME TO SELL. ARONA MCGINLEY -REAL ESTATE AGENT IN TAMPA FLORIDA

PRICE TO SELL

So you've decided to sell your home? Now what? When working with a real estate agent, they do all the leg work for you. The real estate agent actually do all the research on all the comps in your area and do all the dirty work of helping you get to your list price. This can be very challenging for home owners when selling their own home. Hopefully after reading this you can get a better idea of how to come up with a fair price for your home.

1. Not all homes are the same even though their square footage is the same and the floor plan maybe the same. You have to take into consideration updates that other home owners may have done to their home. Certain improvements may add more value to your home than others. So keep that in mind when thinking of doing any remodeling.

2. Go www.zillow.com and type in your home address. You will get tons of listings that pop up. Try to focus on the homes that are within 1/2 mile from your home. See how those homes compare to yours and what they are priced at. Pay attention to remodels, square footage comparisons, compare bedrooms and bathrooms, pool and outdoor patio.

3. Go to the recent home sales on www.zillow.com. You can access homes that was recently sold in your area. Check out sales that are 5 months or less and that compares to your home.

4. You can also contact a real estate agent for a CMA. Most agents would love to help you.

5. Check out some open houses in your area and see what kind of homes are being sold and what it's being sold for. It's a great way to scope out the competition. Plus you can get some ideas for your own open house.

Notes

For more information on pricing your home please contact Arona McGinley Cell: 727-422-9340 or email arona.mcginley@gmail.com.

http://realestatebitz.com/pricing-to-sell/

WHAT IS MY HOME WORTH IN TODAY’S MARKET?

Home Ownership for 1st Time Home Buyers Tips

Posted on September 3, 2019September 3, 2019 by Arona A.

Are you a first time home buyer?

When you are ready to buy your home a lender will basically evaluate your overall financial picture as well as other financial factors to see if you qualify for a mortgage. Here are some tips to help you get your loan.

Do not quit your job while you are in the process of getting a mortgage, nor change jobs or decide that this is a great time to become self employed.
Don’t go out and spend money on huge ticket items like a new car that you would need financing for. If you do this it will increase your debt to income ratio and this then decreases your chances of getting approved for your loan.
Do not go on a shopping spree for new furniture to decorate your new home before you close on your home. You maybe tempted if you found the perfect furniture but please hold off on buying any major purchase until after the closing.
Do not ….do not lie on your loan application. Do not omit any debts, if you do this it is considered to be fraud to lie on your loan application and you will be denied the loan.
Don’t use your credit cards excessively during the process. And please do not forget to pay your bill. Any changes to your spending habits may just prevent you from getting your loan.
Put aside money for your closing costs. You can contact the closing company to find out what your closing costs will be.
Do not go out and co-sign loans for anyone. This means that you are assuming debt, even if it is someone else that is making the payments. This will also increase your debt to income ratio.
Do not make large deposits into your bank account. You may have had an estate sale to get rid of things in your home before you move and made a good chunk of change. Talk to your lender before you deposit that money into your account or any large deposits while you are in the process of getting a loan.
Do not change bank accounts during the process of getting a loan. The lenders are looking at your financial stability.

If you are unsure about anything please discuss it with your loan officer

What is a Pre-Approval letter

Posted on September 3, 2019September 3, 2019 by Arona A.

Why should home buyers have a pre-approval letter before they start searching for homes?

A pre-approval letter is basically a document from a lender that indicates how much the lender would be willing to lend you to buy a home. By having this letter a seller will view you as being more of a serious buyer when you place an offer on their home.

Why you should move to Florida

Posted on March 27, 2019March 27, 2019 by Arona A.

Well, Let’s see! Florida is always warm, it’s got the most amazing beaches and is filled with fun things to do every day. You wake up each morning in Florida and you feel energized and ready for a perfect day. Of course Florida has its pros and cons, but we’ve got the sunshine all year round and that’s a win, win in my book.

For me Florida is the perfect place to live. Keep in mind there is no state income tax! It’s pretty affordable to live in Florida and if you’re looking for different types of food and people, then you’re in luck, because Florida is very cosmopolitan. You can never be bored in Florida. It literally costs you nothing to jump in your car and drive to the beach to look at our amazing sunset.

So some of the bad stuff would include, it being very humid, Florida can get really hot in those summer months. We do have to deal with hurricanes and bugs. Some solutions …If you’re hot then hang out in a great restaurant with air condition that is over looking the beach. Wear a hat and sunscreen when you’re outdoors. Sweating is great for getting rid of toxins in your body. Use bug spray to keep away the bugs. Hurricanes can be destructive but every state has it’s good and bad. Florida has mostly the good stuff. Get hurricane rated windows and doors and pack up and leave if you know a hurricane is coming.

If you are thinking of moving to Florida, or you just want to be here for a couple of months out of the year, this is the best time to purchase a home in Florida. Spring is a great time to start looking for a home. Think of using a Realtor when purchasing a home. Realtors have access to there largest database of available home on the market. There is no cost to you to hire a Buyers Agent.

You may think renting can be an option for you if you plan on moving to Florida. Think again! It maybe cheaper for you to buy. Yes, that’s what I said! Instead of paying your landlords mortgage why not take the money you’re going to pay renting and pay your own mortgage. Your home can be an investment and you can get tax deductions for your mortgage interest, get equity in your home. You have the freedom to have your pets in your own home versus having to ask permission if renting. Your home can be sold if you want to move and you can make a profit from owning your own home. Start looking for home now in Pinellas County Florida.

Bottom line, I love that it’s beautiful all year round in Florida. The people are great, the schools are great and the lifestyle is what you can only dream of living, but if you move to Florida, then it can be your reality.

WHY YOU SHOULD STOP RENTING

Posted on March 13, 2019March 14, 2019 by Arona A.

GET MORE INFORMATION ON BUYING A HOME IN FLORIDA
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Renting versus Selling your home

Posted on February 25, 2019March 3, 2019 by Arona A.

SELL VS RENT

There comes a time when your perfect dream home may no longer suit your family needs. How do you decide whether you should sell or rent your home? In some cases renting will make more sense and in others maybe selling will be in your best interest.Here are some simple ways to figure out what will be the best option for you.

What are the market conditions for rental homes in your area? Right now in Pinellas County rentals per month have increased. Can you make more money selling this home versus renting it right now in today’s market.
Can you afford to rent the home if you need to buy another home for your family. Do you need money from the sale of your existing home to buy your new home? Would the rent from your home cover the mortgage payments of your new home.
Are you cut out to be a landlord? Dealing with tenants may not be something that you have the time and energy to deal with.
What are some of the taxes on selling vs renting this home?
Consider additional costs of renting this home, such as insurance, upkeep of the home such as repairs, hassle of dealing with deadbeat renters. Are you willing to evict tenants that do not pay the rent.
Do you think if you waited a couple of years to sell the home that you can sell it for more than if you sold it today.
Do you think that your needs may change in the future and you may want to move back to this home.

Once you make a list of pros and cons your will eventually come up with the right decision for you and your family.For more information on Pinellas County Market, in Florida, call Arona McGinley Realtor® at 727-422-9340.