First-time home buyer class

Save the date! Come to my FREE first time home buyer class on Tuesday Dec 2nd from 7-8pm. Located at the Keller Williams office 7401 Metro Blvd East. There will be snacks! My team member and I will go over everything you need to know about the home buying process! You will go home with tons of valuable information.
Please RSVP and bring a couple friends. This will be a fun event!
www.MNfamilyhomes.com - Search for homes today! Feel free to dream!
RSVP to allisondeal@kw.com

Should I buy a house now or wait until summer?

This is a question that gets asked a lot in Minnesota! Who wants to move when its snowing outside?
The answer: First time home buyers! When sellers put their home on the market in winter, its because they have to buy. First time home buyers are usually either renting or living with family so they don't have to buy now. When a seller has to sell and a buyer can chose to buy or walk away then the buyer has the power during negotiations.
I enjoy working with first-time buyers. Its a fun and exciting process. I understand it can be stressful for first time home buyers so I take the time to explain the process. I don't tell them what to do to rush the process along. I suggest options and explain the why behind my various options. I educate the buyers on the pros and cons of each decision they need to make and my buyers always make the right decision for them.
When you need to find the right home for the right price, use www.MNfamilyhomes.com for an easy and up-to-date home search. Either I or one of my team members will be able to assist you in your home search.

What is a market analysis?

A market analysis is a tool used to determine the current market value of a home. This is useful for both buyers and sellers. Sellers can use it to determine what they should price their home at to sell it quickly. Buyers use it to determine what price they should pay for a home.
Real estate agents study the activity in the market within the last 30 days and compare homes to determine their current market value.
Are you curious what you home would sell for in todays market? Visit me at www.MNfamilyhomes.com and request your free market analysis today!

Are multiple offer situations bad for a buyer?

Multiple offer situations are not always bad for a buyer. Don't just walk away from a property just because its in multiple offers. Here are some great questions to ask your real estate agent.

1. Why is it in multiple offers?
Possible answer: Its a pricing strategy by the selling agent. Price the home under market value in hopes that several buyers will make offers. This gets a home sold quickly and it can sometimes drive the price up to market value or even above market value.

2. What is the market value of the property?
Possible answer: Have your agent do a market analysis on the property and determine the actual market value. Then offer below that, but above asking price and you can still get a great deal! Its always great to have instant equity in your new home!

3. What should my max offer price be?
Possible answer: Market value or below if its an investment property. If its your dream home and you have been looking at homes for months and this one is the only one that you love and can see living in for the long term....then go ahead and offer higher than market value. The home will still appreciate in value over the long run. Just stay within your budget!

4. When should I walk away from this property?
Possible answer: Walk away when the price goes over market value and look at other homes. As long as you keep an open mind and willing to compromise-you will find the right house for you at the right time.

Multiple offer situations are not always bad for a buyer. Think positive and use the strengths of your real estate agent.

Allison Deal
Keller Williams Realty Integrity
www.MNfamilyhomes.com
allisondeal@kw.com

Is it cheaper to rent or buy?

 

Here is the short answer! Its cheaper to rent if you are going to be living somewhere less than a year or two. Its cheaper to buy over the long run because rent prices go up each year while your mortgage payment stays the same. When you move out of a rental you don't get anything, but when you sell your house its a major PAY DAY! Imagine if you could get that rent money back when you moved out?
Search my website for homes you can buy today and feel free to contact me if you have any questions or need a great loan officer. If you don't live in the twin cities area I can refer an awesome agent to you through my agent referral network.
I specialize in working with first time home buyers. I make the process simple and fun! I'll even share some of my best real estate stories with you!
Think you can't afford a fancy real estate agent? Don't worry! You don't even have to pay me a commission!
Visit me today at www.MNfamilyhomes.com and I will answer all of your real estate questions!
Allison Deal
Keller Williams Realty Integrity
allisondeal@kw.com

What does a real estate agent do?

Each real estate agent is different in their approach so it is very important to find a real estate agent that matches your needs. I personally enjoy working with first-time home buyers because I enjoy walking them through the process and educating them each step of the way.
I am friendly and take care of my clients because its the right thing to do. Most of my clients are from referrals so I know that if I take care of my clients today, my clients will take care of me down the road.
I invite my clients to client appreciation events throughout the year and enjoy maintaining my relationship with them. When you work with me you become part of my family!
I recently took a class on contract negotiations and believe in investing in my continued education as a benefit to my clients. This has resulted in thousands of dollars worth of savings for my valued clients!
I take the time to listen to what my clients are looking for. I show homes in their price range and look through both online and offline listings that match their needs. I write solid contracts that get results for my clients. I offer suggestions on a competitive offer price and research similar homes that have recently sold in the area.
My clients get pre-approved before looking at homes. This greatly assists my clients when we put in their offer because the seller understands my buyers are serious and ready to purchase today. This has helped my buyers get accepted offers in multiple offer situations.
I will get you the best home you can afford within your time frame both here in the twin cities or anywhere throughout the United states and Canada through my strong referral network.
Please search for homes on my accurate home search website at www.MNfamilyhomes.com

Why do I need a home inspection?

 Buying a home could be the largest single investment you will ever make. To reduce expensive surprises and unexpected difficulties, you’ll want to learn as much as you can about your potential new home. Home inspections identify the need for major repairs, as well as the need for maintenance to keep it in good shape. After the home inspection, you will know whether to move forward with the deal, ask for a price reduction, or walk away.

Click www.MNfamilyhomes.com to search for your dream home today!

 

Easy Steps to Buy Your First Home

 

Steps To Buying Your First Home

 

1. Determine why you want to buy a home and what your motivation is.

 

2. Work with a loan officer to help determine what you can afford and to get pre-approved for a loan. Often realtors can refer you to a loan officer, but you can also find you own. Loan officers will go over several different loan options and can help you pick the best loan for you.

 

3. Find a realtor to help you find the right home. Make sure you use a realtor and not just a real estate agent. Realtors are members of the national association of realtors and they have full access to all homes listed on the multiple listing service (MLS). Realtors also have high ethical standards they must adhere to in order to maintain Realtor status.

Your realtor will save you time, money, and will negotiate on your behalf. Your Realtor works for you and is paid by the seller.

 

4. Give your realtor your pre-approval letter and let him/her know exactly what you are looking for and what area you want to live in. Your realtor will send you options within your price range and when you find some that you like your realtor will schedule a viewing. You can also find homes on your own at www.MNfamilyhomes.com

 

5. When you find the right home then its time to make an offer! You decide the terms of the offer, but listen to your realtor's feedback because they know the market. Realtors have access to tons of helpful market information and can help you determine an offer price that will be accepted while saving you money!

 

6. You will need to get a home inspection and your realtor can refer one to you or you can use your own. The inspector will look at the entire home and report any problems back to you. This process will give you peace of mind at the very least or could save you from making a financial mistake.

 

7. Once your offer is accepted you will have to close on your home. It takes some time to get to closing, because a lot of research is being completed behind the scenes to make sure your new home is free and clear. You will pay closing costs and your realtor can give you an estimate of how much this will cost you.

 

8. You get the keys and can move in! Congratulations!

 

Please go to www.MNfamilyhomes.com and find your next home!