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Mod Realty in OKC
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Calling all homeowners!
Burning question for you: what would you do differently if you could buy your first home all over again? Let us know in the comments!
Would you:
- worry more or less about budgeting?
- spend more time learning about the process?
- focus more on your needs vs your wants?
- look in a totally different area?
Drop your best tips in the comments!
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In case you missed it…
The challenges that you might be facing in the real estate market are paving the way for your growth and success!
It’s okay to feel discouraged or frustrated with the market–we’re only human after all! As long as you keep your end goal in mind and remember that challenges are necessary for growth.
Together, we can create the road to your real estate success through strategy and market experience.
As a result, the challenges you’re currently facing will turn into opportunities!
Drop a home emoji if you found this post helpful.
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#realestate101 #realestatetips #realestateterms #realestatevocab #realtortip #askyourrealtor #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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In our industry, sellers do a lot of good things and things that help them better sell their houses. But sometimes we also see some mistakes. Here are four of the more common ones to avoid:
- Being too taste specific.
- Neglecting the exterior factor.
- Starting with an above market price.
- Letting emotions lead the way.
#sellertips #sellertip #buyingandselling realestate #realestatemarket #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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Make-or-break advice for first-time homebuyers…
Finding the right first home that will set you up for financial success is a much easier way to get to your dream home.
Your first home is the stepping stone to your dream home! This means that your first home doesn’t have to be your forever home.
Instead, you can use your first home to provide you with a nice place to live while building equity. Rather than spending money you’ll never see again on rent, you’ll pay a monthly mortgage payment and build that equity.
Then, when you sell your first home down the line, you’ll get all that equity and appreciation back as a lump sum that you can use to buy your next home. Then repeat until you’ve made it to your dream home.
Don’t feel like you have to wait for years to save up a massive down payment for your dream, forever home. Instead, use your first home to fund your dream home!
The secret lies in starting with your first home.
Ready to get started? Send a DM!
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#realestateadvice #homebuyertip #buyeradvice #realestatequestions #askyourrealtor #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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Don’t skip this part!
It can be easy for buyers to fall into the trap of trying to time the market.
But unless you have a crystal ball, timing the housing market just isn’t possible because there are too many variables and unknowns.
So what are you supposed to do as a buyer if you can’t time the market? How do you know when the right time to buy is?
You focus on yourself and what kind of timing works for your unique situation rather than the market.
Here are a few things to consider while you’re trying to decide if now is the right time for you to buy a home:
- Whether or not you’re ready to live in one place for the next 3-5+ years
- What your finances look like–think your savings, credit score, and debt levels
- Your responsibility level and if you’re ready to manage a property
If you consider these factors and see that you’re ready to buy a home, then send a DM and let’s get started!
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#realestate101 #realestatetips #realestateterms #buyertips #realtortip #askyourrealtor #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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Future you will be SO glad you saved this.
The offer you choose might not be the highest offer.
It can be easy to feel like you have to take the highest offer with all that money on the table.
But there are other things you need to consider!
Whenever you receive an offer, ask the following questions:
- Are they asking for seller-paid closing costs?
- Are they requesting multiple warranties?
- Is there a slightly lower offer in cash and not a loan?
- Is the timeline to close extended?
- Is the pre-approval letter ready and attached to the offer?
Save this post if you’re selling your home this year!
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#homesellertip #selleradvice #realestatequestions #listwithme #sellyourhomefast #topdollar #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
#okclocal #okclocalbusiness
#modrealtyok#okcrealestate#okcrealtor#sellingokc#buyingandselling#buyingokc#oklahomarealestate#okcliving#okclife#wannabuyahouse
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This might surprise you!
While your ultimate goal as a homebuyer is to find the right home that fits your lifestyle and goals, your agent is there for so much more.
There is SO MUCH that goes on behind the scenes that a top real estate professional is handling on your behalf.
Let’s start with what your agent is doing before you ever show up to a house for a showing:
- Helping you find the right loan types and connecting you with lenders so you can get pre-approved and be ready to make a fast offer on a home
- Understanding your wants and needs so they can recommend the right homes for showings
- Researching the market to see what you can get in your budget and what offer strategies you can use
- Scheduling the showing and discussing with the seller’s agent
That’s just what happens before you even see a home for the first time. You might not even know that all of that work is happening.
The real value of a real estate agent is in the work that they handle on your behalf and the knowledge and expertise they provide so you can have a smooth, easy homebuying experience.
Drop a home emoji if you found this post helpful!
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#buyeragent #firsttimehomebuyer #homebuying #househunting #homebuyingprocess #homeshopping #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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You need to hear this!
For anyone out there thinking about buying a home, this is exactly what you’ve been waiting for.
Mortgage payments have gone DOWN 14% from October 2023.
If you’re a buyer who wants to save money, this is your sign to start considering buying a home in 2024.
As interest rates continue to drop, mortgage payments will follow, making 2024 a good year to buy a home.
Remember, if you buy a home this year with a good rate before home values appreciate more, you’ll be able to get a good deal on a house and have a mortgage payment you’ll be happy with!
Like this if you could see yourself buying a home this year!
Source: https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/#:~:text=%E2%80%9CFalling%20rates%20will%20bring%20both%20more%20buyers%20and,approximately%208%25%20by%20the%20end%20of%20the%20year.
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#mortgagetips #buyeragent #firsttimehomebuyer #homebuying #househunting #homebuyingprocess #homeshopping #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
#okclocal #okclocalbusiness
#modrealtyok#okcrealestate#okcrealtor#sellingokc#buyingandselling#buyingokc#oklahomarealestate#okclife#okcliving#wannabuyahouse
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It’s happening! Finally, it’s starting to feel more and more like spring.
With spring comes a freshness that makes you want to get out and DO things,
Buying flowers. Spending time with loved ones. Maybe even…
Finding the perfect house to take your life to the next level!
If you want to spend some time in April checking out the amazing homes on the market right now, you know what to do (send a DM!).
Tag your homebuying partner!
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#april #spring #springtime #springactivities #realestate #realestatemarket #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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Are you ready to select the best offer for your home?
Finding the best buyer for your home can often feel like an obstacle course. You’re getting offers all over the place, and it can be hard to choose the best offer that won’t waste your time while also making you the most money on the sale.
That’s where you need to ask these questions!
Swipe to see the questions you NEED to ask before accepting an offer!
Your agent will guide you through this process and help you ask additional questions that are specific to your situation.
P.S. Make sure to save this post so you have these questions handy when you’re evaluating offers.
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#sellertips #sellersagent #selleragent #listingagent #luxuryrealtor #thehelpfulagent #sellyourhome #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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#modrealtyok#okcrealestate#okcrealtor#sellingokc#buyingandselling#buyingokc#oklahomarealestate#okclife#okcliving#wannabuyahouse
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All first-time home buyers need to know these tricks!
Preparing to buy your first-ever home can often feel overwhelming–not to mention expensive!
These tips will help you save money as you embark on your journey to owning a home.
You’ll want to start by looking into mortgages and learning all you can about the different options you have to choose from. Getting your finances under control by improving your credit score will also help you get a better interest rate on your mortgage!
From there, you can look into different housing options. A smaller home or a less expensive home might be the perfect first step into real estate for you. You’ll also want to look for energy-efficient features to help you save on utilities after you close.
When it comes closing time, you’ll need a qualified home inspector, shop around for homeowner’s insurance, and negotiate on the purchase price.
Your agent will guide you through each of these steps so you can save the most money possible on your first home.
Save this if you’re home shopping!
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#buyeragent #firsttimehomebuyer #homebuying #househunting #homebuyingprocess #homeshopping #PDSA #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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This could save you thousands of dollars!
Sometimes sellers will start the process of getting their home ready for the market and they’ll want to renovate EVERYTHING.
But this could be a huge mistake and net you a low return on investment.
Instead of just jumping in blind, the best thing you can do is check what has been selling in your area–and how much it has been selling for.
The problem comes up with sellers improving their homes to their specific tastes, rather than looking at what’s actually selling.
You might love a dark, dramatic kitchen, but if buyers in your area are leaning towards light and bright eating spaces, you could be working against yourself.
Want to know what our market looks like and what improvements you should be making to get your home ready to sell? Send a DM!
Source: https://www.redfin.com/blog/how-to-boost-home-value/
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#homeupgrades #homediy #renovations #homeupdates #realestate101 #realestatetips #homevalue #renovationROI #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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No buyer should EVER do this: skip a home inspection!
Doing a home inspection during the closing process is one of the MOST important things you can do. It’s the main way that a buyer can protect themselves from a bad deal.
Home inspections are there for the buyer to make sure that the home doesn’t have any secret issues that are lurking in the walls, or the roof, or the plumbing, or the electrical… You get the idea.
If you skip a home inspection, you could end up with a home that looks great on the surface but has big issues that will cost you tens to hundreds of thousands of dollars to fix.
No matter how much you want the home and how quickly the deal is moving, never ever skip the home inspection. It might just save you tens of thousands of dollars!
Share with a friend buying a home!
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#homeinspection #buyeragent #firsttimehomebuyer #homebuying #househunting #homebuyingprocess #homeshopping #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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You don’t want to hear this but…
The real estate market doesn’t care about your feelings–or anyone else’s, for that matter.
You can wish and wish that things will change, but ultimately, the market is dependent on other factors, like the economy,
If you feel that prices and interest rates are unfair right now, how do you think you’ll feel in 10 years when you’ve only rented and have no equity to leverage?
Waiting around is not the solution because chances are that the real estate market will never feel fair.
Instead, the solution is to take action now and set yourself up for financial success with real estate.
If you’re ready to get started or want to talk more, send a DM and let’s chat!
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#realestate #realestatemarket #realestateturths #buyeragent #firsttimehomebuyer #homebuying #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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Hold up, renters and would-be homebuyers!
If you’re biding your time to buy your forever home, you might be making a big mistake.
Home prices are forecasted to RISE over the next 5 years. We aren’t likely to see any plateauing or decreasing list prices on the market in the near future.
That means that your “forever home” will just be that much more expensive in the future.
But there’s a way to work around this. Leave the idea of only buying one home behind so you can focus on building something that will benefit you more: forever wealth!
If you buy a home now that fits your current lifestyle, not only will you get into a place that you love, but you’ll also be able to start building equity (the secret to building wealth through real estate.
You can then leverage this equity in the future to sell the home and get into one that is even better.
Continue doing this until you get to your dream home–and you’ll have built wealth all along the way.
This is what makes real estate such a smart investment. Not only are you living in homes that work well for your life, but you’re building forever wealth that will help you leave a legacy for your loved ones.
Want to talk more about how you can use real estate to build your financial future? Send a DM and let’s chat!
Source: https://www.keepingcurrentmatters.com/2024/01/12/home-prices-forecast-to-climb-over-the-next-5-years-infographic
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#foreverhome #homequity #foreverwealth #realestateinvestment #homebuyingprocess #homeshopping #PDSA #modrealtyok #okcrealtor #okcrealestate #okcrealestateinvestors #oklahomarealestate #oklahomarealtor #edmondrealestate #edmondrealtor #nicholshillsrealestate #wannabuyahouse #buyingandselling #buyingokc #buyingoklahoma
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