Why Spring Is A Great Time To Sell Your Home

The market is hot, and it is a great time to be a seller in Clark County. Potential homebuyers are out and about and are ready to put down roots in a new home. Spring is usually the most popular season for buying and selling a home and here’s why.

#1: Inventory is tight, and demand remains high.
Home inventory in Clark County is still relatively low, which means that many buyers are clamoring to get in the real estate game and find the home of their dreams. This means that there is more competition out there, so buyers and sellers should be prepared for multiple offer situations, which requires patience and plenty of discussion with your experienced real estate broker.

#2: The weather is great.
Garden flowers are starting to bloom, the grass is green and inviting, and the weather is getting warmer. Not to mention, the days are getting longer, and we have more daylight to work with, so that boosts the amount of people that can see the home during the day. The springtime brings buyers out of winter hibernation and they are generally excited and more energetic when it comes to looking at homes in person, with the goal of getting settled in before the summer heat starts.

#3: Kids can remain in school.
Moving in the middle of the year is a hassle for kids and parents alike. Spring is a great time to sell because kids can finish out the school year and you’ll be able to move, register for a new school district if needed, and have everything in place before autumn starts and the new school year begins.

If you’re ready to list your home this spring, or if you’re ready to buy and want to start looking, my two decades of experience as a Realtor® can help! I love working with buyers and sellers around Clark County and am happy to help you with the information you need to start your adventure in buying or selling a home.

Posted on May 8, 2018 at 5:25 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , , , ,

How A Real Estate Broker Can Change Your Life

Considering buying or selling a home? Real estate transactions are very detailed and sometimes stressful. Each buying and selling experience is unique and working with a qualified and experienced Realtor® can help make the process go smoother, which means it will be less nerve-wracking for you! Here are some ways that working with a real estate broker will make your life easier.

#1: They can help save you money.
Working with an experienced real estate broker can help you save money because they are experienced in the negotiating process and can help you look for any potential snares or issues during the transaction that could cost you big bucks.

#2:  They can help with your perspective.
Not sure what you want in your next home? Or, maybe you think you know what you want. Perhaps you know exactly what you want to get out of the home selling process, but you haven’t thought about what comes next. After listening well, your Realtor® should be able to offer a unique perspective into your specific situation and help you think of things that you might not have initially considered.

#3: They’ll go the extra mile.
The buying and selling process is a big job in and of itself, but a great Realtor® will go the extra mile for you and recommend contractors, offer tips on redesign or remodeling that could help increase the value of the home, and will help answer questions that come up along the way. A quality Realtor® will be happy to share their information and wealth of knowledge with clients to help ease any anxiety that may be there.

#4: They’ll save you time.
One of the best parts of working with a qualified real estate broker is the amount of time they’ll save you. They will prepare papers for you, do all the marketing for your property, and help prepare you for any anticipated issues that could arise. A great Realtor® is a problem solver and this translates to less stress and less wasted time for you!

#5: They become someone you can count on.
The real estate transaction process can get complicated and when it does, a good Realtor® is someone that will go to bat for you when it’s needed. You should be able to depend on them when it gets hard – whether it’s negotiating, explaining all the lingo when you don’t understand it, or working through inspection obstacles, a great Realtor® will have your back, no matter what!

I’ve been proud to work with clients of all kinds throughout my two decades of experience as a Realtor®.  I love meeting and working with people to help them buy or sell a home in Clark County. Contact me today for information on what it will take to start your adventure in buying or selling a house.

Posted on April 16, 2018 at 8:55 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , ,

How does my credit score impact my purchasing ability?

If you’ve decided to buy a home this year, you may have some questions about how your credit score will impact your purchase ability. This is a common question for many potential homebuyers, so here, I will discuss some of the primary things that you’ll need to know once you start the homebuying process.

Credit scores and credit reports will affect a borrower’s ability to purchase a home in a few different ways. Credit reports are a footprint that allow banks to review a borrower’s credit history. The information found in these reports will give them the information they need to determine the level or risk they’re taking by loaning money to this person. The higher the credit rating, the lower the risk for the bank. The lower the credit score, the higher the risk for the bank. In addition, remember that your credit score will affect the interest rate of the loan you obtain.

Here are some helpful tips on how to bolster your credit score and secure a good loan on the home of your dreams.

  • Make on-time payments on all borrower accounts
    • Missed or late payments will negatively affect your credit score
  • Satisfy unpaid collections, judgements and tax liens (even if these are medical in nature, it’s ideal to pay them off or settle prior to purchasing a home)
  • Establish a credit history by opening a credit line. We are often taught that credit cards are bad. However, they’re essential for establishing a solid credit rating to borrow future funds. The key is to keep the balance below 30% of the allowed limit, always. It’s ideal to pay the balance off each month as well.
  • Minimize credit iniquities. Too many inquiries can cause credit scores to drop.
  • Don’t close existing revolving trade lines if they’re in good standing. When you close a credit card you lose the on-time payment history which influences your credit rating. (1)

The specific details as to what credit scores are needed to obtain a specific home loan:

– Conventional Mortgage: credit score of 620
– FHA Mortgage: credit score of 580
– Veteran Affairs (VA) Mortgage: While the VA does not have a minimum credit score requirement, Quicken Loans requires a 620 credit score on all VA loans. (2)

The bottom line: the better your credit score, the easier it will be to get a loan for your home. Contact me today for information on what it will take to embark on your journey in buying or selling a home.

 

  1. Information courtesy of: Aaron Hicks, Mortgage Consultant with Homestreet Bank
  2. Information courtesy of: Jevon Domench of Academy Mortgage Corporation
Posted on February 20, 2018 at 5:04 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

3 Things To Do Before Listing Your House

for-sale-sign-on-post

Have you thought about listing your home for sale but you’re not sure where to start when it comes to getting it ready to list? Sometimes, getting your home ready to sell isn’t as hard as you might think. Homeowners oftentimes have big to-do lists of items to complete before they put the house on the market, but in all actuality, they may not be that important at all. Here are some helpful tips that can get you started.

Tip #1: Talk to your real estate agent first.
Your real estate agent will look around your home with you and figure out what repairs you might need to do and which ones are not necessary. After walking through your home together, you’ll be able to prioritize which things need to be done right away and which ones can wait.

Tip #2: Make the repairs.
Depending on what repairs need to be done, you’ll either need to start working on them yourself or find a company or contractor to do them for you. Pay attention to the details and be sure that you get the repairs done right, otherwise you may have a hard time finding a buyer or you may end up having to pay for another repair down the road when it comes time to close on the sale of the home.  In addition, this is a good time to touch up paint, brighten up the trim inside, clean your windows, and dust in those hard to reach places.

Tip #3: De-clutter your home.
This one might take a little time, but de-cluttering will make all the difference when it comes to showing your home. In addition, clearing out unnecessary “stuff” by donating it, throwing it away, or just boxing it up for storage will make your home look and feel bigger. If you have items that you want to keep handy, find decorative storage boxes to store them inside. That way you will reduce the clutter a bit but your home will still look aesthetically pleasing.

Not sure where to begin? I’m glad to walk you through the process of getting your home ready to sell. Inventory in Vancouver is still low and homes are selling quickly. Now is a great time to list your home for a quick sale! Contact me today for details.

Tips Provided by Nancy Johns
Blog Written by Brooke Strickland (brookestrickland.org)

Posted on February 9, 2016 at 5:31 pm
Nancy Johns | Category: Selling Your Home | Tagged , , , , , , , , , , , , , , ,