FAQ’s
Common questions home buyers and sellers ask:
HOME SELLERS
FAQ’s for Home Sellers
How should I prepare my house before selling it?
First impressions matter in life and especially in real estate. However, the critical thing to consider is whether repairs will make you more money. We don’t want to spend $1 and get 25 cents back in return. I like to tour a home and help you determine if selling it AS-IS will net you more money or if doing repairs and preparing the house for sale will net you more. Call me at (520) 488-2982 to set a no-obligation appointment to help you determine the right plan for selling your home in Oro Valley, Marana, and Tucson.
Should I order a pre-listing home inspection?
Getting a pre-sale home inspected is never a bad idea, especially to give you peace of mind. Some homebuyers will feel uncomfortable purchasing a house without getting their home inspections. The seller best answers this question.
How long will it take to sell my home?
Once the house is on the market, my average time frame for sale is eight days. Call me to discuss current market conditions for selling your home in Oro Valley, Marana, Oro Valley, and Tucson.
What is the selling price of my home?
The selling price of a house fluctuates depending on multiple factors. The most common ones are the neighborhood and what similar-sized homes are currently selling for. Also, look at the age and condition. Do significant repairs need to be done? If so, that might lower the property. And again, the market matters. Like everything else, home prices vary depending on supply and demand.
Do you have a referral network?
As an experienced listing agent, I can recommend other real professionals often found in the industry. These professionals might include an attorney who practices in real estate, a mortgage advisor, a general contractor or handyman, moving companies, painters, septic companies, professional home stagers, and cleaning services. I have an entire TEAM of people to help you.
Do you have a specialty in real estate?
Yes, I specialize in residential resale listings, probate and trust sales, and home buyers. Commercial property is not my specialty; however, I work with several top commercial agents and can help you pick the right one!
HOME BUYERS
FAQ’s for Home Buyers
What is the first step in buying a home?
The absolute first step is to get approved for a mortgage. Without being approved for a mortgage, it will be pretty tricky, if not impossible, to purchase a new home. I can recommend reputable mortgage lenders that you trust.
Should I sell my current property before buying a new one?
This is a tricky question, and the answer primarily depends on one’s funds and ability to find temporary housing. If you need more equity to purchase a new home or meet a mortgage plan, selling your current home before buying your next one is best. That being said, you will most likely need temporary housing with a friend or relatives or by arranging a short-term rental elsewhere.
Should I do a home inspection?
Yes, order a home inspection. A home inspection is one of the most vital steps when purchasing a property. A professional inspector has a keen eye for how well the house has been taken care of. The inspectors can comment on structural and cosmetic issues and any local code issues. Moreover, a home inspector will help you determine the home’s value better. I would give this advice to my family, close friends, and all buyers I represent.
Should I do a final walk-through?
A final walk-through is not required but is highly recommended. Final walk-throughs allow buyers to make sure nothing has changed since their initial inspection or previous visits. Also, if repairs were requested as part of the sale offer, a follow-up visit ensures all repairs are done according to the agreement and contract.
How does earnest money work?
Earnest money is similar to a deposit when renting a place. It is made in good faith to demonstrate to the seller that the buyer’s offer is legitimate. The amount is usually 1-2% of the selling price and essentially takes the property off the market. The money also gives the buyer extra time to conduct a title search, get an inspection and property appraisal, and financing.
What is a mortgage and how does it work?
A mortgage is a type of loan to finance a property. The majority of people are not wealthy enough to purchase a house in total. Thus, a mortgage is a secure loan with a fixed interest rate that gets paid off over 15 or 30 years.
What is the process of using an escrow entail?
Home Sellers FAQs also include escrow. An escrow is a term that refers to a neutral third party hired to handle the exchange of money, property transaction, and related documents. The escrow holds the money and documents in trust until all terms and conditions of the sale are satisfied. When depositing earnest money, it is wise to use an escrow account.
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Helping sell homes for over 16 years!
Oro Valley Realtor
Oro Valley Real Realtor, Ryan Comstock provides quality real estate services.
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Why does my Tucson Real Estate expertise stand out?
I have the expertise, experience, and know-how to sell property in Oro Valley and surrounding communities. With over a decade as a realtor and broker, I have a solid understanding of the local geography and demographics. Selling properties at the correct market value and quickly is my mission. For example, our listings sell on average at 102.1% of the list price; that's more dollars in our client's pockets! Also, property listings sell 20 days faster than the market average!
Read more of my real estate success stories.