Tuesday, August 15, 2017 / by Leah Olivotti
No doubt that it is daunting; the thought of buying your first home. There are so many questions and concerns that it seems like a near impossible task.
Rising Home Prices and Competition
We have all watched the Greater Nashville Area become a booming metropolis and home values have skyrocketed accordingly. In a time where many listings become multiple offer situations, your professional agent should be there to guide you and help you make your offer competitive while ultimately respecting your boundaries and goals. It is also important to realize that a great agent will encourage you to move quickly to schedule a showing when you (or they) find a home that may be perfect for you. Try to manage expectations and not to get discouraged...if you lose in a multiple offer situation, move on and keep looking. That perfect home will come along eventually.
Down Payment Woes
In many circumstances, as the costs of rent are rising, purchasi ...
Wednesday, May 10, 2017 / by Leah Olivotti
It is probably not shocking that one of the most frequently asked questions I receive from a home seller is, “Leah, should I do ‘X,Y, and Z’ before putting my home on the market?” It is a great question, and I love discussing the possibilities with my clients.
There are many important matters to address with a seller before delving into renovations such as what one is looking to net from the sale, overall home condition, market conditions, etc. Weighing all matters, if a seller has extra funds to allot to upgrades, it is important to understand what upgrades make sense, if any. It’s a good idea to consult a professional prior as money spent does not equal money returned.
Remodeling: “I’d have to put in new cabinets and appliances. That’s another $5,000.” Frequently, I notice buyers mentally making upgrades as they walk through a home and then deduct it from what they would offer. Kitchens and bathrooms are ...