Learn About the Real Estate Process
Are you thinking about buying or selling a house or property? Welch Team has years of experience and knowledge helping both residential and commercial clients get the most for their investments with our deep understanding of the community and industry. Here are some of the most frequently asked questions about our process. For any other questions or if you’d like to schedule an appointment with one of our agents, give us a call. We look forward to working with you!
How long will it take to sell my home?
The average house spends less than 30 days on the market. This can all vary depending on the size of your home, location, amenities, community, and much more.
Is staging really important?
Staged homes tend to sell significantly faster. It gives prospective buyers a “stage” where they can envision themselves living in your home. This is shown to sell your home more efficiently with a welcoming and open vibe.
How much needs to be done to my house before putting it on the market?
While many sellers may have anxiety over selling their home with all the work involved, there is far less to do than you may think. Before spending time and money on upgrading your home, contact us first. We’ll be able to give you more in-depth information and guidance on how to best prepare your home for sale.
Should I be present when buyers view my house?
No. We strongly recommend not being in your house when trying to sell it. You tend to have a history and attachment to your home that can sway a potential buyer away. Additionally, it can make the buyers feel like they’re visiting someone in their home rather than viewing a potential house for them to move into.
Why would a person need a home appraisal?
There are plenty of reasons why someone would need a home appraisal. Most people get their homes appraised for real estate and mortgage transactions. However, there are other reasons as well. They include:
- Receiving a loan
- Reducing your tax burden
- Settling an estate
- Displaying the replacement cost of Primary Mortgage Insurance
- Protecting your rights in a condemnation case
- Contesting inflated property taxes
What is the difference between an appraisal and a home inspection?
A home inspection is purely to investigate the structural soundness of the home and foundation. It can include amenities, necessities, air conditioning, electrical functions, conduction of the plumbing system, attic structural capacity, visible insulation, ceilings, walls, windows, floors, and more. They do not use an opinion of value as appraisers do.
An appraisal deals with the direct value of a home instead of the physical condition of home. The appraisal will consider the property’s condition, location, characteristics, and the overall real estate market in this particular area and neighborhood.
Are you in the right place?
Finding your new home is all about location and what lifestyle matters most to you. For commercial property, your business’s success depends mainly on its location. Is your area attractive to renters and customers? Is it easy to access? We’ll help you consider all of these questions and more when deciding on where to buy.