What’s going on with my inspection?

The inspection process: generally speaking, this is an overall evaluation of a home’s condition.  If you’re not clear on how the process works, keep reading and I’ll lay out the general guidelines of what happens.

When the buyer gets the inspection done, the seller might not know what the results are for a few days. Once the buyer gets the results of the inspection, they need to get a copy of the report, digest it, and determine what they want the seller to fix, if anything. Most of the time, the buyer has 10 days to get any repair requests to the seller. In order to expedite things, the agent should help the buyer determine what is reasonable and what’s not.

Once the repair list is drafted, the seller has time to look at it and digest what’s on it. They can clarify what’s being asked for and they’re given some time to get bids and determine what items they should fix. An agent to help with this part of the process is crucial. An experienced agent will help provide information on what buyers generally ask for and what could be determined as “too much” or “over the top.” The seller will then respond and then the buyer will decide if they will accept this response.

The back-and-forth process can create a lot of dialogue and it’s very important that everyone understands each other. Whether it’s credits to the buyer or items that need to be completed before closing to meet buyer bank requirements, your agent has valuable experience in the negotiation process here. Take advantage of this experience and rely on your agent to help guide you along.

Buying and selling a home is full of many different steps and details. The inspection process can be complex, so if you have more questions about it, I’m happy to sit down and talk with you about it.

Posted on August 15, 2017 at 4:07 am
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , ,

Reduced commission vs full rate services

If you’re thinking about selling your home, you have a lot of different factors to consider. You’re thinking about where you’ll move and what it will cost, and finding a qualified Realtor is one of the biggest decisions. If one of your questions involves finding out more information regarding reduced commission versus full rate services, here I’ll cover what the three basic levels of fees and services include.

#1: Very Discounted Services: This will include access to the MLS only. The seller will input all information and will set the buyer’s agent fee. The seller pays for marketing and will negotiate elements of the contract. This can work for some situations, but being an unrepresented seller in today’s complex market can be risky and oftentimes results in a lower net price. Most buyers will have representation, so the fee you save is really only half of the full real estate fee.

#2: Cut-rate fees: This will again only save half of the real estate fee, as buyers are usually represented by an agent. With full service representation, you usually get more experienced and knowledgeable agents to work with you. This is the “secret sauce” that can save you big time in the end – especially in the areas of price negotiation, inspection negotiation, and other timing issues that can derail the overall transaction.

#3: Full-service: When using a full-service Realtor, you’ll get a fully developed and proven marketing plan. The Realtor will additionally help you develop a pricing strategy that will help get your home sold in a timely way. You’ll work together to address issues upfront that could cause a buyer to pass by your home. The key here is knowledge, knowledge, knowledge! An experienced Realtor has been part of numerous, varied transactions that can help benefit you throughout the process so you can get the best price for your home with the quickest closing date and the least hassle.

If you have decided that it’s time to make the jump to sell your home, now is a great time to do that. The information around fees can be a complex topic to consider, so if you have additional questions, I am happy to sit down and talk with you about what could work for you and your specific situation.

Posted on July 31, 2017 at 3:45 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , , ,

Take a break from buying and selling & enjoy some local summer activities!

Summer in the Pacific Northwest is amazing. The days are longer and warmer and the rain is gone so you can get outside and enjoy the great outdoors. If you’re in the midst of buying or selling a home and you feel like you’re overwhelmed with the details, don’t forget to take time for yourself and enjoy the beauty that Washington has to offer. Here are some great tips on activities that you can participate in locally this summer.

#1: Summer reading program through Fort Vancouver Library.
Kids, teens, and adults alike can sign up for the summer reading program through the Fort Vancouver Regional Library. Log days that you’ve read and you can earn rewards and prizes with the free program. The best part: it keeps your reading skills sharp throughout the summer.

#2: Summer concerts and movies in the park.
Every year, the City of Vancouver puts on a summer concert series in Esther Short Park. Each concert is free and family friendly. Enjoy a variety of talented local artists, including Vancouver Pops Orchestra, and enjoy food from local vendors, too. The city also puts on Friday night movie nights in parks around Vancouver in July.

#3: Dive in!
Jump in and cool off! Klineline Pond is a great spot to cool off and enjoy the warm summer weather. The pond is located in a large park setting with large water features/fountains for the little ones to run around and cool off in, too. Not to mention, there is a playground, plenty of picnic tables, and lots of green space to walk. If you want to stay indoors to swim, the pools at Jim Parsley Community Center, Propstra Aquatic Center, and Firstenburg Community Center are great places to swim.

#4: Hike or camp!
Living in the Northwest means that there are many beautiful hikes and walking trails. Hike Mount St. Helens, take a drive out through the Columbia Gorge and hike the Multnomah Falls, or enjoy some family time by setting up a tent and a mini-campground in your backyard for one night.

No matter what you decide to do this summer, take time to relax and enjoy the beautiful area we live in!

Posted on July 17, 2017 at 5:15 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home, Vancouver History | Tagged , , , , , , , , , , , , , , ,

Key items before closing on a home

The process of buying or selling a home is very detailed and requires a lot of moving parts. Once the end is in sight, you’ll need to prep for closing day. Planning for closing day can help make things run a little bit smoother. So whether you’re a buyer or a seller, here are some important must-knows on what you’ll need to have in place for closing day.

For the seller:

  • Repairs will need to be done and receipts obtained
    • Before closing can happen, all repairs that were requested during the selling process will need to be complete. Once everything has been done, be sure that all of that is documented well and that you have all receipts readily available.
  • Be ready for a buyer walkthrough
    • Once repairs have been completed, the buyer will likely want to do a walkthrough to make sure everything looks in order.
  • Arrange for your utilities to turn off
    • Call your utility companies, cable/Internet company, and any other services that will need to be turned off and transferred to your new residence. However, it’s important to note that you shouldn’t cancel your homeowner’s insurance on your current address until the final sale of the home has been recorded.
  • Gather all brochures, keys, garage door openers, etc.
    • If you have collected brochures/manuals on specific appliances in the home, or you have other important documents that need to be left for the new homeowner, make sure you have those readily available. In addition, you’ll need to leave them the keys to the home, mailbox, and any garage door openers you have.
  • Sign documents
    • This is the biggest step that transfers ownership and gets the process moving toward completion! It can happen several days before the “closing date.”

For the buyer:

  • Obtain receipts for completed repair work
    • If repairs were done in the home you’re purchasing, make sure you get all of the receipts and warranties associated with the work that was done. Keep these in your records in case you need to refer to them later or in case something goes wrong with the repair down the road.
  • Do a walkthrough
    • This is your chance to make sure that the repairs were done right and that things are good to go so you can move forward with signing closing papers.
  • Set up utilities
    • Call your utility company and schedule a time when you want water/electricity to come on. While you’re doing this, schedule a time for Internet/cable service to be hooked up, or any other services that you will need ready to go when you first move in.
  • Sign any last minute lender information
    • This is an important step! You will need to sign a closing disclosure that needs to be acknowledged to start a 3-day waiting period before you can sign final closing documents.
  • Sign documents at escrow
    • Here, you’ll sign papers that allow you to complete the home buying process. After the sale is recorded, you’ll get keys to your home and you’ll be able to start moving in!

If you’re confused about which step comes next, don’t worry! I will be there to walk you through the process. If you’re looking to buy or sell a home, contact me today for information on how I can help.

Posted on July 3, 2017 at 4:11 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , , , , , , ,

Client Story: The Strickland Family

I work with many individuals and families every year and each one has a different story. This story comes from the Strickland’s. They are Pacific Northwest natives and after living in their first home for nearly 12 years, it was time to make a change. Here’s their story.

My name is Brooke Strickland and my husband Bryan and I have been married almost 14 years and have two children. We both grew up in the Pacific Northwest and have made Vancouver, Washington our home. We bought our first, very small home (only 925 square feet!) in 2004 and we originally planned to live there for only 5 years. My husband had always wanted to be in the downtown area, so after almost 12 years (rather than our original 5 years), we decided to start exploring a move.

I loved our little home and was nervous that we wouldn’t find a home that was affordable in the area that we wanted. I stomped my feet and was hesitant, but we finally decided that it was time to expand. We knew Nancy’s experience was unmatched and I had full confidence that she would help us sell our house quickly and help find us a new one that we loved, and that wouldn’t make me cringe every time I opened up the bill to pay the mortgage every month.

We listed our home for sale in April of 2016 and within 18 hours, we had 3 offers on the table. We met with Nancy and she walked us through what the offers looked like and which one would be the best. Within days, we had gone from prepping to sell to having a sale pending sticker up on the sign. Things went very fast.

In the meantime, we were looking for another home. I looked obsessively online and found one that was perfect in every way, but it was priced too high for our budget. My husband (and Nancy) encouraged me to just look at it. We did and boy, did we fall in love. The house had been for sale for over a year and already had three previous offers that had all fallen through. Our family believed that it was “meant to be” and we entered negotiations with the sellers. In this market, we were nervous that there would be competition among other people trying to buy the home, but we didn’t have any. We literally wrote our offer and with only a bit of back-and-forth, our offer was accepted. And the best part? We came in UNDER the selling price. There were so many things that lined up during the process that told us that we were supposed to go forward with this home. With Nancy’s quick thinking and expert negotiation, she was able to help us buy our dream home. We just surpassed the one-year mark living in our dream home and almost weekly, we say “we can’t believe we live here!” This house is truly a gift and something we will treasure for many years. 

Nancy can tell you that I asked probably 5,000 questions during our time working together. She was more than patient with me and explained everything in a way that I could understand it. We highly recommend her to any of our friends or acquaintances that are looking for a Realtor in the area. There is no one like her and we credit much of our story to her willingness to walk alongside us while we explored and tested out our options. We are so thankful!

I love being part of the ‘story’ of different clients—moving from a condo to a house, moving from acreage to in-town, moving into the area, moving out.  Give me a call if you would like to talk to me about being part of your story.

** I conduct business in accordance with all federal, state, and local fair housing laws. It is our policy to provide housing opportunities to all persons regardless of race, color, religion, sex, familial status, handicap, national origin or sexual orientation. **

Posted on June 5, 2017 at 4:01 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , ,

What is the other agent looking for in a potential buyer/seller?

Buying and selling a home is a process that some people just do once or twice in a lifetime, so oftentimes it feels unfamiliar and awkward. Having an experienced real estate agent that can walk you through the various steps is so helpful. Listing agents want buyers to have specific things when it comes to purchasing a home. Buyers agents want sellers to have specific things, too. Here’s what they are:

Listing agents generally want the potential buyer to have the following:

  1. A competent agent.
    Listing agents generally want to work with a knowledgeable agent that is experienced in managing contingencies and is ethical throughout the process, especially when there are multiple offers on a property involved.
  2. A pre-approval letter.
    Going house shopping without a pre-approval letter showing what home price you’re qualified to shop for, is a time drain for everyone involved. Before shopping for a home, buyers should have a pre-approval letter from their lender that has credit, assets, and income verified. That gives agents parameters on what homes are within the buyer’s range.
  3. Reasonable expectations.
    Buyers have many ideas on what they want their next home to look like, but those expectations need to be realistic. In other words, buyers need to have reasonable expectations of house conditions based on the age of the home.

Buyers agents generally want the seller to have the following:

  1. A knowledgeable, competent agent.
    Working with another agent who has experience in using the right forms and standard processes is important, and working with another agent that is ethical is also key. In today’s market, there are often multiple offers on homes and working with someone who follows ethical guidelines in those situations especially is important.
  2. Empathy and realistic expectations.
    Sellers want to sell their home, but it’s important to keep in mind that buyers are facing a lot of stress in the process trying to find a home. Buyers agents appreciate sellers that have empathy for what buyers are facing in a low-inventory market. In addition, sellers that have realistic expectations of what types of repairs a buyer will ask for as a result of the home inspection is also important to making the selling process go smooth.
  3. Resources and information.
    Sellers should be proactive about finding reputable, licensed contractors to get repairs done quickly and efficiently, the first time. This will help the selling process go a lot smoother. In addition, sellers should stay informed about the closing process and stay on top of getting their paperwork in order so there are no unnecessary delays.

Buying a home or selling one can be an exciting, but overwhelming time in your life. No matter what position you’re in, you and your Realtor should be able to work well together on whatever steps are coming next. If you’re looking for a Realtor to help make your home sale or home purchase a reality, contact me today.

Posted on May 22, 2017 at 4:48 pm
Nancy Johns | Category: Home Buying Tips, Home Remodeling Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

How to Select A Realtor

Buying or selling a home is a one-of-a-kind adventure that is often filled with many unexpected twists and turns. Why hire a Realtor when you could figure out how to do the job yourself?  An experienced real estate broker can serve as an invaluable resource. Here’s are some tips on how to select a Realtor and what it can mean for you.

#1: Figure out how they work.
Working with a Realtor that knows you and your specific needs is key. For example, do they sit down and get to know what you’re looking for, such as schools, land, house features, or neighborhoods? This should be a personalized process that’s based on understanding and trust. Realtors offer a constructive and positive attitude during times that you may feel overwhelmed. You’re never left to figure things out on your own. And while you might want to do some leg work during the buying or selling process, your Realtor should do all of the heavy lifting for you.

#2: Ask about what kind of clients they work with.
Some Realtors work only with sellers and they’ll have assistants work with buyers. Others work strictly with buyers. Look for a Realtor that has a mix of both clients – some buyers and some sellers. This can provide the Realtor greater insight when it comes to making or receiving offers. Realtors will have a clear idea of what clients on the “other side” might be thinking and they’ll help you find ways to select the right offer or make one that the seller will find attractive.

#3: Look at their experience.
Experienced Realtors have negotiated hundreds and sometimes thousands of real estate deals and because of that, they can use their skill to get your house sold or to help secure the home you want to purchase. Your Realtor should be an ever-present mediator that is with you through the process. You don’t have to worry about stumbling through the steps in the dark, as they can leverage their experience to help get the job done efficiently.

#4: Understand their style.
Get to know the Realtor and their style. Are they quick to respond to your questions and when they do, are they thorough? Is the Realtor easy to get along with and how does their personality coincide with yours? Your Realtor’s style should be comfortable for you. Real estate is a very personal business and requires finding the right “match” – one that feels natural for you and your family.

Buying and selling your home can be an exciting time and throughout the process, your Realtor should keep you updated by providing market stats, information on how your home is performing while it is on the market, and they should also let you know when new listings come available if you’re looking to buy.  If you’re looking for a Realtor to help make your home sale or home purchase a reality, contact me today.

Posted on May 4, 2017 at 1:38 pm
Nancy Johns | Category: Home Buying Tips, Home Remodeling Tips, Selling Your Home | Tagged , , , , , , , , , , ,

How to Help Your Teenager Adjust to an Upcoming Move

Moving can be a challenging time for people of all ages, but as a teenager, it can be even more life-changing. Emotions and hormones are changing and developing and for a teen, it could feel like you’re changing everything about their life. They may feel uprooted or feel like you’ve taken the foundation out from underneath them – especially if the move is far away. Here are some helpful tips on how to help your teenager deal with an upcoming move.

Tip #1: Give them time to prepare.
Give your teen plenty of warning and time to process the move that’s coming up. Communicating about it well in advance will be helpful. It might be tempting to hold off on breaking the news to her/him, but in the end this could be detrimental, because they may feel like it’s been “sprung” on them with little time to contemplate what changes will need to happen. Keep communication open and let them know various details about the move and let them do some research on the new neighborhood or city so they can get an idea of what it will be like.

Tip #2: Give them some input.
Allowing your teen some input on the process will help them take ownership of it a little bit and it could also help them get excited about the prospect of change. Consider what your teen has to say about neighborhoods and schools, explore places in town that are popular, and make sure that their voice is heard. Allowing them to express their feelings about it will not only help them deal with the upcoming change that’s about to happen, but it will also help them contribute to decisions that may need to be made. Whether it’s decisions on neighborhood or just picking out the styles/designs in their new room, your teen wants to be heard.

Tip #3: Give them opportunities to stay in touch with old friends.
Goodbyes are not always easy. The teenage years are immersed in building friendships and one of the hardest parts of moving for your teen might be that you may not ever see your friends again. Encourage your teen to stay in touch through social media, phone calls and texts, or if you will still be within driving distance, let them know that you are committed to helping them stay in touch by driving them back to the area to visit.

Tip #4: Talk positively.
Your teen will pick up a lot about your feelings, stress, and attitude about the move, sometimes without you even knowing it. So if you want them to react as positively as possible, you’ll need to talk about the move in a positive and encouraging way.

Moving can be difficult, but communication throughout the process can help greatly. New memories are waiting to be made and a new chapter in your new home will be an exciting time.

Posted on February 20, 2017 at 4:44 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , ,

Reasons Why Fall Is a Good Time to Buy A House

9777

If you’ve been contemplating buying a new home, autumn is a good time to get out there and start shopping. Spring and summer are often busiest times to buy and sell a home, but fall is a great time to start house hunting for the perfect new house. Here are some reasons why autumn is a great time to start looking for a home.

Reason #1: The holidays are coming.
Before you know it, the holidays will be here in full swing. There will be Thanksgiving dinners to plan and prepare for, Christmas shopping to start, and holiday parties to attend. For some sellers, the upcoming holidays mean they are motivated to get the house sold so they can be out of their house before Thanksgiving and Christmas come rushing in. For home buyers, using this “pre-holiday” window of time could be an advantage, where you may be able to negotiate a deal and close quickly.

Reason #2: Home sellers are tired.
People who have had their homes on the market through the summer know that they may be losing their window of time to sell. Generally, sellers need to sell their home and if they’ve been sitting on the home sale for long, they could be more willing to negotiate, allowing you to get the home for the price you want. The longer the home sits on the market, the more room you have to negotiate.

Reason #3: Tax credits are available.
Every year, tax credits are available and closing on a new home by the end of the year could equal some great tax deductions. Some of these may include mortgage interest, property tax, or closing costs, which could counter balance your taxable earnings.

Even though the inventory of homes has been on the low side all year, there are still houses on the market right now. So if you’re interested in getting out there to find your new dream home, contact me for information! Still have questions on how to get started? I’ll help you work through all the details and before you know it, you’ll be settled into your new home.

Posted on October 2, 2016 at 11:14 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , ,

How much does it cost to move?

photo

Moving: it’s a huge job. It requires significant resources including time, money, and energy. If you’ve recently bought or sold your home, the thought of packing and moving may make you feel overwhelmed. If you have grown out of “do it yourself” moving style, that’s okay! There are some teams of professional movers out there that can help get you moved quickly and efficiently. Here are some helpful tips when it comes to hiring movers.

Tip #1: Find a company that has great ratings.
It’s definitely okay to look for the best price in town for movers, but your first priority is to find a company that has a solid reputation for efficiency, attention to detail, and responsive customer service. So, look for companies with good ratings online, then compare costs after that. Read reviews on Angie’s List, Yelp, or via their website. Ask for their insurance information to see what kind of liability coverage they have and have them explain any problems or situations that they have had in the past with customers and how they have corrected those. Moving companies should have no problem providing this type of information to you. And last but not least, talk to your friends, family, and your Realtor® about this. They will likely have some suggestions on reputable companies that you can use.

Tip #2: Get a price estimate.
Moving can be costly. Whether it’s paying upfront for a storage unit or eating out several times a week while your kitchen is being packed and unpacked, paying for the move is a big factor for people that have recently bought or sold their home. So, once you begin searching for a moving company, get a written price estimate that start comparing. These estimates should be as detailed as possible, describing services that will be offered. If you are moving locally, the American Moving & Storage Association says that the average move is a little over $1,100 and that usually includes a crew of four. (1)  If you just need help for a couple of hours for the heavy lifting, you can often have laborers come out for an hourly rate.

Tip #3: Ask the movers for a timeline.
Your moving company will offer specific services and you should get a timeline nailed down on how long they expect the move to take. This will not only help you project what the exact cost will be, but it will also help you solidify any other details such as when to get your personal belongings out of the new house and into the new one.

  1. Glordullo, Staci. “How Much Does It Cost To Hire Movers?” Angie’s List. June 17, 2015. Accessed online June 8, 2016. https://www.angieslist.com/articles/how-much-does-it-cost-hire-movers.htm
Posted on June 22, 2016 at 5:05 am
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , ,