Buyers, sellers, investors, and anyone
involved in the real estate process has questions in mind. Whether this is your
first time or your tenth time around, it’s never too late to learn something
new.
Keep reading to see the most common real
estate questions people in Ruby Hill Pleasanton CA ask all the time!
Should I talk to a bank before looking for homes for sale?
The answer is definitely! Talking to a bank
early on will let you know how much you can actually afford. This way, you can
immediately rule out homes that cost $300,000 and above if your budget does not
allow it.
What is the difference between a pre-approval and pre-qualification?
Not many people have hundreds of thousands of
dollars lying around, thus the need to take a loan when buying. A
pre-qualification can be thought of as the first step in the mortgage process,
while a pre-approval is the second step.
Most experts would say that a pre-approval is
what really matters, and that a pre-qualification doesn’t really matter much.
The pre-approval actually tells what you will be able to loan, giving you an
edge over other buyers in a contested home for sale.
What renovations should I do before selling my home?
This is a great question, and it’s one I hear
all the time.
If you have the budget, and if you’re really
passionate about something, there’s nothing to stop you from going over the top
and completely renovating the house. However, most people consider home repairs
to increase the property’s value and potentially make a larger profit.
You can ask your Realtor for advice on which
parts of the home need immediate attention. Your Realtor would know which
repairs are absolutely necessary to get your Ruby Hill home sold and avoid it
going stale on the market.
A ton of videos can be found on the internet
that are fun to watch and demonstrate how a meager budget of $50, $100, $200,
or $500 can make various upgrades in the living room, bathroom, kitchen, or
exterior.
Do I really need a Realtor when buying or selling a home?
Selling a home by yourself or FSBO (For Sale
By Owner) is usually done to save money. However, if you believe that time is
gold and gold is money, you are actually losing money because unless you are a
trained professional, there’s no way you can sell your home as fast as an
experienced Realtor can.
Buying without a Realtor on your side is
equally dangerous as well. Without a Realtor, you wouldn’t have anybody on your
side to guide you through the intricacies of the buying process. You also risk
falling prey to poor decisions, and are left to negotiate prices and other
matters all on your own with no one watching your back.
I hope you learned something after reading
this list of top real estate questions asked by people buying or selling homes!
If you’re trying to buy or sell a home in
Ruby Hill Pleasanton CA, give me a call and I can answer all your other
questions! You can reach us at (925) 621-0680. Look for Doug Buenz and the 680
Group, the best real estate agents in Pleasanton CA!
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