Space Coast Real Estate Blog

Is Your Home Haunted?

Mon, 13 Apr 2026 17:36:34 GMT

Is Your Home Haunted? What Florida Sellers and Buyers Need to Know ��

Yes… This Is Actually a Thing in Real Estate

“Who are you gonna call? Ghostbusters.”

Okay, but seriously—what happens if a home is haunted?

If you’re buying or selling real estate in Florida, this question might be more relevant than you think. Whether you believe in ghosts or not, there are real conversations, real concerns, and yes—even real disclosures that can come into play.

Let’s talk about it.

Do Haunted Houses Exist in Florida?

Believe it or not… yes.

There are homes across Titusville (and throughout the state) that are rumored—or even registered—as historically haunted properties. Some are part of local lore, while others show up on haunted house registries.

Now, whether you believe in spirits or not, perception matters in real estate.

Because if a buyer thinks a home is haunted… that can impact value, interest, and how quickly a home sells.

Do You Have to Disclose a Haunted House in Florida?

Here’s where it gets interesting.

In Florida, sellers are required to disclose material facts that could affect the value of a property.

But is a ghost a “material fact”?

That’s where things get a little gray.

Florida law does not specifically require you to disclose paranormal activity
BUT if a property has a known reputation (especially publicly documented), it can become a factor
And if a buyer asks directly… honesty is always the best policy

Bottom line: when in doubt, disclose. It protects you and keeps deals from falling apart later.

Red Flags Buyers Look For ��

(Whether They Admit It or Not)

Now let’s get into the fun part…

If you’re a buyer touring homes, here are some “unofficial” red flags people often talk about when it comes to haunted houses:

Covered Mirrors

If mirrors are draped with cloths or covered up, it raises questions.

Why hide the mirrors?

Sudden Cold Spots

You walk into a room… and it’s noticeably colder for no clear reason.

HVAC issue? Maybe.
Something else? ��

Objects Moving or Falling

A glass falls off a shelf.
Something shifts.
And no one is near it.

That’ll get your attention real quick.

Locked Rooms That Make No Sense

This one is a big one.

You’re touring a home and suddenly—there’s a room you can’t access.

Why is it locked?

If you’re selling your home, let me just say this loud and clear:

Buyers want to see the entire house.
Don’t keep anything “mysteriously” off-limits.

(And yes… that includes your “ghost room.”)

Strange or Unexplained Smells

If a room smells off and there’s no visible cause, buyers notice.

It may be something simple—but perception matters.

Seller Tip: Don’t Create Suspicion

Even if your home is 100% not haunted…

Little things can make buyers uneasy:

Closed-off rooms
Odd staging choices
Poor lighting
Unexplained smells

When buyers feel uncomfortable, they don’t make offers.

Buyer Tip: Stay Logical (But Trust Your Gut)

Look—most of the time, there’s a perfectly reasonable explanation:

Cold room? HVAC imbalance
Smell? Moisture or ventilation issue
Locked door? Storage or personal items

But if something feels off… ask questions.

That’s what your Realtor (hi, it’s me ��) is there for.

The Real Truth About “Haunted” Homes

At the end of the day, real estate is emotional.

A home has to feel right.

Whether it’s layout, location, price—or yes, even “vibes”—buyers are making one of the biggest decisions of their lives.

If something doesn’t sit right, they’ll walk.

And if it does feel right?

Well… that’s when the magic happens (no ghosts required ��).

Final Thoughts ��

Are there haunted houses in Titusville?

Maybe.

Do buyers think about it?

Absolutely.

Should sellers be mindful of how their home feels during a showing? 100%.

Because in real estate, perception is everything.

Edna Wilson, your hometown Realtor — as hometown as apple pie!

What Do Buyers Say Behind Your Back?

Mon, 06 Apr 2026 17:45:54 GMT

What Do Buyers Say After They Leave Your House?

The Honest Truth Sellers Need to Hear

If you are selling your home, there is something you need to know: buyers absolutely talk after they leave your house.

And sometimes… they say it while they are still inside .

These days, with doorbell cameras, interior security cameras, and smart devices everywhere, it is not unusual to hear real buyer feedback straight from the source. As a Realtor, I get a front-row seat to what buyers are really thinking during showings, and let me tell you, it can be eye-opening, frustrating, and sometimes downright funny.

If you are preparing to sell your home, understanding what buyers say behind your back can help you avoid common mistakes and see your property the way buyers do.

Buyers Often Walk In Without Being on the Same Page

One of the most common things I hear sounds something like this:

The wife loves it. The husband hates it. Or the husband is ready to make an offer, and the wife is completely unconvinced. This happens all the time.

Before buyers ever step foot inside a house, they really should have a clear list of what matters most to them. Price, location, layout, style, condition, yard size, updates, school zones, and commute time should all be discussed ahead of time.

When buyers are not aligned, it makes the showing process messy and confusing. And for sellers, it can mean your home gets ruled out for reasons that have nothing to do with the house itself.

Yes, Buyers Really Bring Outside Decision-Makers Into the Process

Another classic comment I hear is this:

“My mother-in-law actually makes the decisions, and she is not here, so we are just looking around.”

I cannot help but wonder: if the mother-in-law is making the decision, why is she not at the showing?

It may sound funny, but it is more common than you think. Buyers often involve parents, adult children, contractors, or friends in the decision-making process. That means the person touring your home may not even be the final voice.

For sellers, this is important because it means interest during a showing does not always lead to action. Sometimes buyers are just gathering information to report back to someone else.

Buyers Will Pick Your House Apart

This one can be hard for sellers to hear.

Buyers will notice everything.

They will comment on the old faucet.
They will point out rust.
They will complain about paint colors.
They will mention windows, fixtures, flooring, landscaping, and little cosmetic details you have not thought about in years.

And yes, sometimes the complaints are about things that are incredibly easy to fix.

They do not like black paint? Paint it.

They do not love a dated faucet? Replace it.

They are bothered by something minor? That is often less about the issue itself and more about how buyers process responsibility.

When buyers walk through your home, they are not viewing it with your emotional connection. They are evaluating cost, effort, maintenance, and future projects. Even small flaws can feel bigger to them because they are mentally adding up everything they may need to do after closing.

Why Sellers Should Not Watch Buyer Camera Footage

I say this with love: do not watch the cameras .

Seriously.

It can hurt your feelings.

You love your house. You have memories there. You know the charm, the upgrades, the way the light comes in during the afternoon, and the little things that make it feel special. But buyers do not walk in with your history. They walk in with a checklist.

That means they are often seeing your home through a completely different lens.

You see love.
They see responsibility.

And that difference matters.

A buyer may criticize a home they ultimately end up loving. First reactions are not always final decisions. Sometimes buyers need time to process what they saw and imagine themselves living there.

The Goal Is to Find the Right Match

At the end of the day, selling a home is a lot like matchmaking.

The right buyer is not just looking for four walls and a roof. They are looking for a place that feels right. A place they can picture themselves loving one day the way you do now. That is the goal.

Our hope is that a buyer starts out seeing responsibility, but eventually begins to see possibility, comfort, and home. When that happens, everything clicks.

Tips for Sellers Preparing for Showings

If you are getting ready to list your home, here are a few important reminders:

1. Expect buyers to notice small things

Minor repairs, rust, chipped paint, and outdated fixtures can stand out more than you think.

2. Neutral updates can help

Fresh paint, clean spaces, and simple cosmetic improvements can go a long way.

3. Do not take buyer comments personally

Buyers are evaluating a purchase, not judging your life.

4. Focus on presentation

A clean, well-maintained home helps buyers picture themselves living there.

5. Trust the process

Not every showing leads to an offer, but every showing is part of finding the right buyer.

Final Thoughts: What Buyers Say Matters, But It Is Not the Whole Story

Yes, buyers talk behind your back.

Yes, some of their comments can be ridiculous.

Yes, they may complain about things that are easy to change.

But none of that means your home will not sell.

It just means buyers are being buyers.

Selling a home can be emotional, but it helps to remember that buyers and sellers are often looking at the same house from two very different perspectives. The key is getting the right people through the door and helping them move from criticism to connection.

And when that happens, it is a match made in heaven.

Edna Wilson, your hometown Realtor — as hometown as apple pie.

Avoid These Mistakes In Your Home

Mon, 16 Mar 2026 17:30:19 GMT

Avoid These Homeowner Mistakes That Could Hurt Your Home

If you’ve ever walked through homes for sale, you’d be amazed at some of the things you see. As a realtor here on Florida’s Space Coast, I walk through a lot of houses—and some of the things homeowners do should honestly be illegal!

From carpet in bathrooms to extension cords used as permanent wiring, these common mistakes can hurt your home’s value, create safety hazards, and make buyers run the other way.

Let’s talk about a few of the biggest home improvement mistakes homeowners should avoid.

1. Carpet in Bathrooms (Just…No)

One of the strangest things I still see in homes is carpet in bathrooms .

Bathrooms are wet spaces. Between showers, humidity, and the occasional splash, carpet becomes a magnet for:

Mold
Mildew
Odors
Bacteria

It’s nearly impossible to keep clean long-term. Imagine trying to remove spilled shampoo, makeup, or worse from carpet. Not fun.

Better option:
Install waterproof flooring like tile, luxury vinyl plank, or waterproof laminate. These materials are much easier to maintain and far more appealing to buyers.

2. Carpet in Kitchens

Believe it or not, I’ve also seen carpet in kitchens .

Let’s be honest… how are you going to get mayonnaise, cooking oil, or tomato sauce out of carpet? The kitchen is one of the busiest areas in the house. Spills happen constantly, and carpet traps everything.

Better option:
Use flooring that’s designed for high-traffic areas like:

Tile
Vinyl plank
Engineered hardwood

These options are durable and easy to clean.

3. Using Extension Cords as Permanent Wiring

This one is more than just odd—it’s dangerous .

Recently I saw an extension cord running from a utility room, through a block wall, and all the way out to a carport just to power a light, no joke.

Extension cords are meant for temporary use , not as a permanent electrical solution. Using them long-term can lead to:

Electrical fires
Overloaded circuits
Code violations
Insurance issues

Better option:
Hire a licensed electrician and install a proper outlet.

It’s safer, cleaner, and protects your home.

4. DIY Plumbing Disasters

I completely understand wanting to save money with DIY projects. But plumbing is one area where mistakes can become very expensive very quickly .

Just recently I saw a sink where:

The pipes were bent incorrectly
The P-trap was upside down
The whole setup was leaking

The plumber who inspected it said none of it was even close to code .

Bad plumbing can lead to:

Water damage
Mold
Higher repair costs
Problems during a home inspection

Bottom line: If you’re not confident with plumbing, it’s best to call a professional.

5. Painting Over Light Switches and Outlets

This one is my biggest pet peeve .

When people paint a room and just paint right over the light switches and outlet covers, it creates a mess.

Later, when the room needs repainting, you’re stuck with two options:

Paint over the already painted outlet again
Replace the switch plates completely

And replacing them throughout the house adds up.

The easy solution:
Take the outlet and switch covers off before painting. It takes maybe two minutes and gives the room a clean, professional look.

Why These Mistakes Matter When Selling Your Home

When buyers walk through a house, little things matter.

Small issues like painted outlets or strange flooring choices can make buyers wonder:

What else wasn’t done correctly?
Are there hidden problems?
Will this fail inspection?

Avoiding these mistakes helps your home:

✔ Show better
✔ Pass inspections easier
✔ Maintain higher value

Final Thoughts

After seeing hundreds of homes, I have quite a list of things that make me shake my head.

Trust me… there are more where these came from.

If you’re thinking about selling, buying, or just want advice on what improvements actually add value to your home, I’m always happy to help.

That’s the scoop, Edna Wilson- Your Hometown Realtor, As Hometown as Apple Pie

5 Things You Should Know Before Moving to Florida

Mon, 09 Mar 2026 17:28:31 GMT

What Newcomers to the Space Coast Need to Know Before Relocating

So, you’re moving to Florida. First of all — congratulations. If you’re headed to the Space Coast or Central Florida , you’re about to live in one of the most unique and exciting places in the country.

From sunshine and palm trees to rocket launches and waterfront living, there’s a lot to love here.

But before you pack up and head south, there are a few things many people don’t realize about living in Florida — especially if you’re moving to Titusville or anywhere along the Space Coast .

Here are five things you should know before moving to Florida.

1. Florida Mosquitoes Aren’t the Only Bugs You Need to Worry About

You may think mosquitoes are the worst part of Florida bug life… but let me introduce you to no-see-ums .

These tiny pests are notorious on the Space Coast, and the name says it all — you can barely see them, but you will definitely feel them. They can come right through some screens, and their bites can be incredibly irritating.

If you’re moving to Central Florida, especially near the water, be prepared for:

Mosquitoes
No-see-ums
Seasonal bug activity
A serious need for bug spray

Florida living is beautiful, but pest control is part of the lifestyle.

2. Salt Air Corrosion Is Real — Even If You Don’t Live on the Ocean

A lot of people assume salt air corrosion is only a problem for oceanfront homes.

Not true.

Even in places like Titusville , where you may be near the river rather than directly on the beach, salt air can still affect outdoor items . Over time, it can corrode metal, cause rust, and wear down anything left outside.

That means homeowners in the Space Coast should keep an eye on things like:

Patio furniture
Outdoor light fixtures
Door hardware
Fencing and gates
Vehicles
Exterior AC components

If you’re moving to Florida, maintenance looks a little different here than it might in other states.

3. If It’s a Body of Water in Florida, Assume There’s an Alligator in It

This one may sound dramatic, but locals know the rule:

If it’s a body of water in Florida, there’s probably an alligator in it.

That doesn’t mean you need to panic. In general, alligators are not out chasing people around. If you leave them alone, they usually leave you alone.

Still, it’s smart to be cautious.

A few common-sense Florida safety tips:

Don’t swim in canals, ponds, retention areas, or random bodies of water
Keep pets away from the water’s edge
Stay alert around lakes and marshy areas
Always check before jumping into any outdoor water

Honestly, even with swimming pools, many Florida residents do a quick check before getting in — because snakes and other wildlife are just part of life here.

Welcome to Florida.

4. Love Bug Season Is a Real Thing

If nobody has warned you about love bugs , let me be the first.

In Florida, love bug season usually shows up twice a year , commonly around spring and fall . They’re messy, annoying, and if they splatter across your car, you’ll want to clean them off quickly.

Why? Because they can be tough on your vehicle’s finish if they sit there too long.

If you drive often between the Space Coast and Orlando during love bug season, your car may end up covered in them fast. Love bugs are one of those weird Florida things that sounds fake until you experience it for yourself- and once you do, you never forget it.

5. Rocket Launches Are Amazing… Until They Wake You Up

One of the coolest parts of living on the Space Coast is being close to rocket launches.

It’s exciting. It’s unique. It’s something most people only experience on vacation — but here, it’s part of everyday life.

You can feel the rumble, hear the power, and watch launches light up the sky.

But here’s the part newcomers may not expect:

Sometimes launches happen late at night or very early in the morning, and yes — they can wake you up.

At first, it feels magical every single time. And honestly, it is magical.

But after enough launches, you may find yourself saying, “That’s amazing… but I would also like a full night of sleep.”

The funny thing is, most locals eventually get used to it and sleep right through it.

Final Thoughts on Moving to the Space Coast

Living in Florida — especially on the Space Coast — is an adventure.

Yes, there are bugs.
Yes, there’s corrosion.
Yes, there are gators.
And yes, rocket launches may shake your windows at odd hours.

But there’s also sunshine, waterfront beauty, an incredible community, and a lifestyle that so many people absolutely fall in love with.

If you’re thinking about moving to Titusville , relocating to the Space Coast , or buying a home in Central Florida , it helps to know the fun surprises before you get here.

And that’s the scoop.

Edna Wilson- Your Hometown Realtor, as hometown as apple pie.

Would You Be Prepared For a Hurricane?

Mon, 02 Mar 2026 18:58:38 GMT

Hurricane Preparation on Florida’s Space Coast

Would You Be Ready If a Storm Hit Florida?

If you’re moving to Florida — especially the Space Coast — hurricane season can feel intimidating.

One of the most common questions I hear from newcomers is:

“Would I survive a hurricane?”

The good news: Titusville and the Space coast have historically been spared direct hits from the eye of a hurricane. Local weather patterns and jet stream movement often shift storms away from Brevard County.

But here’s the truth:

�� You still need to prepare.
�� Wind, rain, and flying debris cause most damage.
�� Preparation makes all the difference.

Let’s talk about how to protect your home and your family.

��️ Space Coast Hurricane Reality Check

Even without a direct hit:

Strong winds can damage roofs and structures
Flying debris can shatter windows
Wind-driven rain can flood homes
Power outages can last days

Locals have a saying:

“If it flies, it buys your neighbor a new roof.”

In other words — secure everything.

�� Secure Outdoor Furniture & Loose Items

Outdoor items become dangerous projectiles in high winds.

✔ What to do:

Bring patio furniture inside
Store grills and decor in the garage
Secure trash cans
Bring potted plants indoors

�� Pro Tip:

If you have a pool, throw patio furniture into the pool .

✔ Prevents wind lift
✔ Won’t damage furniture
✔ Keeps items contained

�� Don’t Forget Exterior Cameras & Electronics

Many homes now have:

Ring cameras
floodlight cameras
outdoor speakers
decorative lighting

These devices may not withstand hurricane-force winds and rain.

✔ Remove and store if possible
✔ Protect wiring and mounts
✔ Reinstall after the storm

�� Pool Cage & Screen Enclosure Risks

Pool enclosures are beautiful — but vulnerable.

High winds can:

tear screens
damage framing
create pressure stress

Some homeowners remove splines to allow screens to flap during storms to reduce resistance.

⚠️ After the storm:

Inspect screens carefully
Check structural integrity
Repair immediately to prevent further damage

�� Invest in Quality Hurricane Shutters

When it comes to shutters, quality matters.

Cheap or poorly fitted shutters may fail when you need them most.

Why shutters matter:

✔ Protect windows from debris impact
✔ Prevent water intrusion
✔ Reduce internal pressure damage
✔ Protect against wind-driven rain

Wind-driven rain is serious — it can penetrate small openings and even travel through block construction.

I have seen homes flood from rain forced through exterior walls.

Proper protection is essential.

��️ Protect Against Wind-Driven Rain

Even without flooding, wind-driven rain can:

soak insulation
damage drywall
cause mold growth
ruin flooring

Make sure:

✔ windows are sealed
✔ shutters are secure
✔ door thresholds are protected
✔ garage doors are reinforced

✔ Quick Hurricane Prep Checklist

Outside:

✅ Bring in furniture & decor
✅ Secure trash cans & plants
✅ Protect or remove cameras
✅ Inspect pool enclosure

Home Protection:

✅ Install quality shutters
✅ Seal windows & doors
✅ Reinforce garage door

Safety:

✅ Stock emergency supplies
✅ Charge devices
✅ Have flashlights & batteries

Final Thoughts from Your Hometown Realtor

Hurricanes are part of life in Florida — but they don’t have to be scary.

Preparation protects:

✔ your home
✔ your family
✔ your peace of mind

If you’re relocating to Titusville or the Space Coast, I’m always happy to help you understand what to expect and how to prepare.

Edna Wilson
Your Hometown Realtor
As hometown as apple pie.

What is a Lady Bird Deed?

Mon, 23 Feb 2026 18:55:48 GMT

Avoid Probate & Protect Your Home for Your Children

If you own a home in Florida and want to pass it on to your children without probate, legal headaches, or unintended taxes , you may have heard about something called a Lady Bird Deed .

Before we dive in, a quick disclaimer: I am not an attorney or title expert. However, after years in real estate, I have watched families make costly mistakes when trying to transfer property to their children. The good news? There is a simple solution many Florida homeowners overlook.

Let’s break it down.

�� Why You Should NOT Add Your Children to Your Deed

Many homeowners think adding their children to the deed is the easiest way to transfer ownership.

Unfortunately, this can create serious financial and legal problems.

❌ Capital Gains Tax Problems

Florida offers significant tax advantages when real estate is inherited .

When children inherit property, they receive a step-up in basis , meaning they may avoid large capital gains taxes when they sell.

However:

If your children are added to the deed now, they are co-owners , not heirs.
When the home sells, they could owe capital gains tax on appreciation.

This mistake can cost families thousands.

❌ Divorce & Creditor Risk

Adding a child to your deed exposes your home to risks you may not anticipate.

If your child:

Gets divorced
Faces lawsuits
Has creditor issues
Files bankruptcy

�� Your home could be considered part of their assets.

Yes — even if you still live there.

✅ What Is a Lady Bird Deed?

A Lady Bird Deed (also called an Enhanced Life Estate Deed ) is a legal document that allows you to:

✔ Keep full control of your home during your lifetime
✔ Name who inherits the property upon your death
✔ Avoid probate
✔ Preserve tax advantages for heirs
✔ Protect the property from your children’s creditors during your lifetime

It is one of the most powerful estate planning tools available to Florida homeowners.

How a Lady Bird Deed Works

With a Lady Bird Deed:

You remain the owner.
You can sell, refinance, or change beneficiaries at any time.
Upon your death, the property automatically transfers to your named beneficiary.
No probate court involvement is required.

Simple. Clean. Effective.

Why Florida Homeowners Love Lady Bird Deeds

✔ Avoid Probate

Probate can be time-consuming and expensive. A Lady Bird Deed allows property to transfer immediately.

✔ Maintain Control

Unlike adding someone to the deed, you retain full ownership rights.

✔ Protect Your Home

Because your children do not own the property during your lifetime, it is shielded from their legal and financial issues.

✔ Preserve Tax Benefits

Heirs may benefit from stepped-up basis advantages when selling.

Is a Lady Bird Deed Right for You?

This option is commonly used by:

Retirees planning estate transfers
Parents wanting to simplify inheritance
Florida homeowners seeking probate avoidance
Families wanting to protect generational wealth

Every situation is unique, so professional guidance is important.

How to Set One Up

Creating a Lady Bird Deed is typically straightforward.

Step 1:

Consult a Florida real estate attorney or title company

Step 2:

Draft and record the enhanced life estate deed

Step 3:

Relax knowing your property transfer plan is secure

Final Thoughts from Your Hometown Realtor

I have seen too many families unintentionally create financial and legal problems by adding children to their deed.

A Lady Bird Deed offers a simple, effective way to:

✔ protect your home
✔ protect your heirs
✔ avoid probate
✔ preserve tax advantages

Be sure to consult a qualified attorney or title professional to determine what is best for your situation.

Edna Wilson
Your Hometown Realtor ��
As hometown as apple pie.

What is a Deed?

Mon, 09 Feb 2026 17:59:51 GMT

Understanding the Document That Proves You Own Your Home

If you own a home — or are thinking about buying one — you’ve probably heard the word deed tossed around a lot. But what is a deed, really, and why does it matter so much?

Let’s break it down.

What Is a Deed?

A deed is the legal document that proves you own a piece of real estate.

The easiest way to think about it is this:

A car title proves you own a car
A deed proves you own a house

Without a properly executed deed, ownership does not legally transfer — no matter how much money changed hands.

Why Deeds Matter More Than You Think

A deed doesn’t just say who owns the property. It also determines:

The quality of ownership you’re receiving
What rights transfer to you
Whether past ownership issues could come back to haunt you

This is why understanding the type of deed is just as important as understanding the purchase price.

The Two Most Common Types of Deeds

When writing a real estate contract, one of the most important questions is:

Will the seller provide a statutory warranty deed or a special warranty deed?

Let’s talk about the difference — because it’s a big one.

Statutory Warranty Deed (The One You Want)

A statutory warranty deed is the gold standard for buyers.

This type of deed guarantees that:

The seller has full legal ownership
The title is clean
There are no undisclosed claims, liens, or ownership issues
The property’s ownership is protected from the beginning of time

In other words, if someone from decades ago suddenly pops up claiming ownership, you’re protected .

This protection is backed by title insurance , which warrants the deed for the life of your ownership.

Think of it like this:

If land was transferred back in 1905 and something went wrong, no one can come knocking on your door today saying, “That old transfer didn’t count.”

Special Warranty Deed (Not So Special)

Despite the name, a special warranty deed is not special in a good way.

This type of deed only guarantees that the seller didn’t mess anything up during the time they owned the property

That’s it.

If the seller owned the property for seven years, you’re only protected for those seven years. Anything that happened before that? You’re on your own.

Even worse:

You generally cannot get full title insurance protection with a special warranty deed
Buyers take on significantly more risk

This is why most residential buyers should avoid special warranty deeds whenever possible .

Why Title Insurance Is So Important

Title insurance works hand-in-hand with a statutory warranty deed.

It ensures that:

Ownership transfers correctly
Past defects are covered
Your rights are protected long after closing

It’s your safety net — and one you don’t want to skip.

The Bottom Line

Not all deeds are created equal.

✔ A statutory warranty deed protects you from the beginning of time
✖ A special warranty deed only protects you during the seller’s ownership

If you’re buying a home, you want the right kind of deed , not the “special” one.

Final Thoughts

Deeds may not be the most exciting part of real estate — but they are one of the most important.

Understanding what type of deed you’re receiving can mean the difference between peace of mind and a major legal headache.

Edna Wilson
Your Hometown Realtor — as Hometown as Apple Pie

�� Watch the full video on YouTube below!

Your Address Doesn't Define Your Property

Wed, 04 Feb 2026 17:09:51 GMT

Why the Legal Description Matters

Most homeowners assume their street address is what defines their property.

Surprise — it’s not.

In real estate, your legal description is what truly defines your property, not the address on your mailbox. Understanding this difference can save you from serious (and costly) mistakes.

What Actually Defines Your Property?

Your legal description is the official, legally recognized way your property is identified. It’s the description used by:

Title companies
County property appraisers
Tax collectors
Lenders
Courts

Your address is really just for convenience — mail delivery, GPS, and everyday use. The legal description is what determines ownership.

What Is a Legal Description?

A legal description is a precise, written description of your property’s boundaries . It’s often long, technical, and not very user-friendly.

For example, it may look something like:

Royal Oak Villa, Part Block 27, Lot 22, according to the plat thereof as recorded in the public records…

Not exactly something you memorize — and that’s okay. What is important is knowing where to find it and understanding why it matters .

Why the Legal Description Is More Important Than the Address

Here’s a real-world example:

I once sold a home that had the wrong street address listed — but the legal description was correct .

Because the legal description matched the correct parcel, the sale was valid and everything went through just fine .

Had it been the other way around — correct address, wrong legal description — it would have been a very different (and very messy) situation.

Think of It Like a Social Security Number

Here’s the easiest way to understand it:

The IRS doesn’t rely on your name — they rely on your Social Security number
The county doesn’t rely on your address — they rely on your legal description and tax ID

Names and addresses can change.

Legal descriptions and parcel IDs are what uniquely identify the property.

Common Situations Where This Matters

Understanding legal descriptions is especially important when:

Buying or selling a home
Reviewing a deed
Correcting title issues
Dealing with inherited property
Reviewing tax records
Subdividing land

One small error in a legal description can cause title delays, closing issues, or ownership disputes .

What Homeowners Should Do

Before signing anything related to your property:

✔ Double-check the legal description on the deed
✔ Make sure it matches county records
✔ Confirm it matches the survey and tax ID
✔ Ask your realtor or title company if something looks off

If there’s ever a conflict between the address and the legal description, the legal description wins .

Final Takeaway

Your address helps people find your house.

Your legal description is what proves it’s yours.

If you’ve never looked at your legal description before, this is your sign to do it — or at least know where it lives in your paperwork.

Edna Wilson
Your hometown realtor — as hometown as apple pie ��

�� Watch the full video on YouTube!

Easements & Ownership

Mon, 26 Jan 2026 18:22:10 GMT

Understanding Deeds, Surveys, and Easements in Florida

When you buy a home, you’re handed a deed and told, “Congratulations — you own the property.” But here’s a truth that surprises many Florida homeowners:

You can own a property and still not have full rights to every part of it.

In this article, we’ll break down what a deed really means, how surveys come into play, and why easements can limit what you can (and can’t) do with your land. If you’re a homeowner, buyer, or investor in Florida, this is critical information you don’t want to miss.

What Is a Deed, Really?

Think of a deed like the title to your car — but instead of a vehicle, it proves ownership of your house and land. The deed determines:

Who owns the property
How the property is owned (vesting)
What rights transfer when the property is sold

But here’s where things get tricky: owning the deed does not automatically mean you have unrestricted use of every inch of the property.

Why a Survey Matters More Than You Think

A survey is performed by a licensed surveyor who locates physical markers (yes, pins in the ground!) to define your property’s boundary lines.

Inside those boundary lines, many homeowners assume they have total freedom — but that’s rarely the case.

Almost every property has easements , and those easements can seriously impact how you use your land.

What Is an Easement?

An easement gives another party the legal right to use a portion of your property for a specific purpose.

Common easements in Florida include:

Utility easements (power, water, sewer, gas)
Drainage easements
Shared driveway easements
Access easements (flag lots)

Even though the land may technically belong to you, the easement holder has legal rights that override yours in that specific area.

Utility Easements: The Most Common Limitation

Utility easements are everywhere — and they come with strict rules.

For example:

You cannot build a shed inside a utility easement
You cannot block access to utility lines
Utility companies may dig, repair, or access the area when needed

This means part of your yard may be completely off-limits for permanent structures, even though it’s on your property.

Shared Driveways & Flag Lots: A Real-Life Example

Let’s talk about a situation that causes major confusion.

I once handled a property on Highway 46 where five homes shared a single driveway . Although the driveway ran through one owner’s land, he did not have the right to:

Fence it off
Install a gate
Block access in any way

Why? Because there was a recorded operating agreement allowing all neighboring owners to use that driveway.

Even though the land was technically his, his rights were limited .

When Things Get Complicated

To make matters worse, there was a massive oak tree in the middle of the driveway. Cars had been driving around it for years to avoid cutting it down.

Over time, that created an encroachment issue , triggering a serious title problem. We had to work closely with the title company to ensure legal access — without removing the protected tree.

This is exactly why understanding easements before buying is so important.

Just Because You Own It… Doesn’t Mean You Can Use It

Here’s the key takeaway:

Owning land does not always mean having full control over it.

Easements, surveys, and access agreements can limit:

Fencing
Gates
Driveways
Sheds
Landscaping
Future development

If you don’t understand these restrictions upfront, you could end up with costly surprises later.

What Homebuyers and Sellers Should Do

Before buying or selling a home in Florida, make sure you:

✔ Review the survey carefully
✔ Ask about recorded easements
✔ Confirm driveway and access rights
✔ Talk to your title company or real estate professional

These steps can save you thousands of dollars — and a whole lot of stress.

Final Thoughts

Deeds, surveys, and easements aren’t the most exciting topics — but they are some of the most important.

If you’ve ever thought, “It’s my land, I can do whatever I want with it,” this is your reminder that real estate law doesn’t always work that way.

Knowledge is power, and understanding your deed is a big part of protecting your investment.

Edna Wilson

Your hometown realtor — because hometown is apple pie ��

�� Watch the full video on YouTube for more real-world examples and explanations.

When Do You Actually "Own" the House? (And When Can You Still Back Out?)

Mon, 19 Jan 2026 18:54:22 GMT

When Do You Actually Own Your Home?

If you are a first-time home buyer, the process of purchasing real estate can feel like a whirlwind. I was working with a client this week who felt exactly that way. Even though we did a full buyer consultation, once the document after document after document started flying at her, she felt completely overwhelmed.

She stopped me and asked a question that I think is on a lot of buyers' minds: "When do I know I really, really bought the house? When is it actually done?"

The short answer? It’s not done until you have the keys in your hand.

However, there is a lot of time between your offer being accepted and getting those keys. It’s important to know that you aren't trapped the second you sign a contract. There are specific "exit ramps" where you can stop, back up, and get your escrow money back.

Here is the scoop on the two main times you can back out of a real estate deal.

1. The Inspection Period (The "Any Reason" Phase)

The first major milestone in your contract is the inspection period. Right now in Brevard County, this is typically a 7 to 10-day window immediately after your offer is accepted.

Think of this as your "get out of jail free" card.

During these 7 to 10 days, you can back out of the contract for any reason you want.

Did the roof inspection come back bad? You can back out.

Did you decide the bedroom is too small? You can back out.

Did you just decide you hate the paint color? (I wouldn't recommend losing a house over paint, but strictly speaking...) You can back out.

Does it cost you money? Yes and no. You will not get the money back that you paid the home inspector (that is a service fee for their time). However, you will get your full escrow deposit back with no questions asked.

2. The Financing Contingency (When the Bank Says No)

Once the inspection period is over, you are more locked in, but there is still one major safety net: the financing contingency.

We always want to make sure your financing is solid before we make an offer, but sometimes life happens. If your financing falls through—meaning the bank refuses to give you the loan—you can usually terminate the contract and still get your escrow deposit returned.

What causes financing to fall through?

Job loss.
Unexpected debt.
A sudden drop in credit score.

A cautionary tale: I once had a deal fall apart because a buyer let a tiny $19 hospital bill go into collections during the closing process. That $19 bill plummeted their credit score by 100 points. They no longer qualified for the loan, and we lost the house. The silver lining? Because it was a financing issue, they did get their escrow money back.

The Bottom Line

Buying a home is a massive commitment, but the contract is designed to protect you, too. You have the inspection period to check the condition of the home, and the financing contingency to protect your wallet if the loan fails.

It is a lot to think about, which is why you shouldn't do it alone. If you are feeling overwhelmed by the paperwork, let’s sit down for a buyer consult. I can walk you through the ins and outs so you feel confident when you finally get those keys.

Edna Wilson, your hometown realtor—as hometown as apple pie.

Open Houses- Are They Worth It?

Mon, 12 Jan 2026 18:06:47 GMT

Are Open Houses Still Worth It?

Let’s be real for a minute. There is one specific part of my job that I absolutely dread.

Putting up open house signs.

It’s repetitive. Drive a little, stick a sign in the ground, drive a little more, stick another sign. By the time I’m done planting 50 signs around the neighborhood—especially in the dead heat of summer—I am usually a sweaty mess before I even unlock the front door.

So, why on earth do I keep doing it? Why go through the hassle every weekend?

There is only one reason: It works.

The "Old-Fashioned" Myth

I am constantly surprised when new clients list their homes with me and say things like, "Oh, don't bother with an open house. My last agent said they don't work anymore." Or they'll ask, "Isn't that a bit old-fashioned?

"Doesn't everyone just look online now?"

I’m here to tell you that is simply not true.

While professional online photos and virtual tours are incredibly important, they cannot replace the physical experience of a home. I have sold countless houses specifically because someone decided to stop by an open house on a whim.

If They Walk It, They Love It

If you need proof that open houses still work, just look at who does them more than anyone else in the world: New Construction Builders.

New builds have open houses model homes open seven days a week. Why would multi-million dollar companies invest in staffing those homes every single day?

Because they know a fundamental truth about real estate: if you can get people to physically walk through the house, they have a chance to "fall in love" with it. You can’t fall in love with a JPEG on a screen the same way you can when you walk into a living room and imagine your family there.

That emotional connection makes things happen.

Not All Open Houses Are Created Equal

There is a caveat here. Putting one dinky sign at the end of the street and sitting on the couch playing on your phone for two hours is not an effective open house strategy.

We don't do "average" open houses. We have secrets to ensure ours are successful traffic-drivers:

Massive Signage : Yes, I hate doing it, but I put up 50 signs to flood the zone and ensure everyone driving by knows exactly where to go.
Active Marketing: We mail out postcards announcing the event.
Neighbor Invitations : We specifically invite the neighbors. Why? Because they usually know friends or family members who are trying to move into the area.
Make it an Event : Sometimes we even turn it into a party to make it welcoming and high-energy.

The Bottom Line on Traffic

At the end of the day, I can’t sell your house if we don't have traffic.

You need eyes on the property and bodies in the doorway. A strategically planned, well-marketed open house is still one of the best ways to drive that traffic.

It might mean a sweaty afternoon for me putting up signs, but it means a "SOLD" sign for you.

Your Home Doesn’t Need Repairs

Tue, 06 Jan 2026 18:05:19 GMT

Your Home Doesn’t Need Repairs (At Least, Not the Ones You Think)

So often, I’ll walk through a house with a seller who is buzzing with nervous energy. They’ll say, "Edna, we’re almost ready to list! We just have twenty more repairs to finish first."

Whenever I hear that, I want to scream, "Stop!"

Before you head to the hardware store or drain your savings account, let’s talk about why "more work" doesn't always mean "more money."

The "Fancy Baseboard" Trap

I recently had a client who spent thousands of dollars replacing all their baseboards. They weren't broken or rotting; the seller just wanted the bigger, fancier style.

The kicker? Their AC unit was 22 years old. In the eyes of a buyer, those fancy baseboards are "nice to have," but an ancient AC unit is a "scary expense." They spent their budget on aesthetics while leaving a major functional red flag wide open. When you spend money on things that don't need repairing, you’re essentially gifting your money to the next owner without seeing a dime of it back in your sale price.

The "Walk-Through" Strategy

The biggest mistake you can make is guessing what a buyer wants. Every neighborhood is different. In some areas, a modernized kitchen is a must; in others, buyers are looking for a "fixer-upper" price point and don't want you to touch a thing.

Before you start a single project, have a walk-through with your realtor. We see dozens of homes every week. We know exactly what causes a buyer to walk away and what makes them write an over-ask offer.

Your Pre-Listing Checklist

Instead of jumping into major renovations, focus on these "low-cost, high-impact" moves:

Declutter: Make the rooms look bigger for free.

Deep Clean: A sparkling home looks well-maintained, even if it's older.

Light Bulbs: Ensure every fixture has matching, bright bulbs to open up the space.

The "Edna" Rule: If it isn't broken, don't "upgrade" it until you talk to me first!

The Bottom Line

Selling your home is stressful enough—don't add unnecessary construction to the mix. Let’s figure out what adds real value and what is just a waste of your hard-earned cash.

I’m Edna Wilson, your hometown realtor. As hometown as apple pie. Ready to see what your home is actually worth in today's market? Let's chat!

Short-term vs. Long-term Mortgages: Which is Best for You?

Mon, 22 Dec 2025 18:18:04 GMT

Short-Term vs. Long-Term Mortgages: Which Is Right for You?

If you’ve been watching the housing market lately, you know that mortgage rates have been a bit of a rollercoaster. They jump up, they drop down, and just when the Fed hints at lowering them, they seem to spike again. It can feel like a whirlwind.

But while everyone is focused on the rate, fewer people stop to think about the length of their mortgage. And that single decision can make a massive difference in your financial future.

Have You Considered a Shorter Term?

Most buyers default to the standard 30-year fixed mortgage, but have you ever considered a 15-year or 20-year term instead?

It might sound intimidating, but believe it or not, the monthly payments on a shorter-term loan often aren’t as high as people expect. In exchange for that slightly higher payment, you are cutting 10 to 15 years off your debt. That is a decade or more of payments you simply won’t have to make.

Two Strategies to Pay Off Your Home Faster

There are generally two ways to achieve a mortgage-free life sooner:

1. Lock in a Shorter Term

When you officially sign up for a 15-year or 20-year mortgage, you don’t just finish paying sooner—you usually get a better interest rate. Lenders view shorter loans as less risky, so a 15-year mortgage typically comes with a lower rate than its 30-year counterpart.

2. The DIY Approach (Prepayment)

If you are worried about committing to a higher monthly payment, you can take a 30-year mortgage but treat it like a 15-year one. By paying a little extra toward your principal every month, you can knock years off your loan term without being contractually obligated to the higher payment. This offers flexibility: if money gets tight, you can revert to the standard payment; if you have extra cash, you pay it down faster.

Which Path Is Best?

I’ve done it all—15-year, 20-year, and 30-year mortgages. The "right" answer depends entirely on your specific scenario and your long-term plans for the house.

This is why working with a professional mortgage broker is so valuable. They can run the numbers for you, show you the different paths, and help you decide what makes the most sense for your budget.

If you are confused about the rates or unsure which term is right for you, let’s sit down and have a chat. I’d love to help guide you through it!

How to Buy and Sell a House at the Same Time

Mon, 08 Dec 2025 18:14:50 GMT

�� The Homeowner's Dilemma: Buy First, Sell First, or Both?

Selling your current home and buying a new one simultaneously is one of the most complex challenges in real estate. The timing is everything, and the scenarios can feel overwhelming!

Sell Too Fast: You sell your house quickly, but your new home isn't ready. Where do you go?
Sell Too Slow: You find the perfect dream home, but you haven't sold your existing property yet, potentially causing you to lose the new house.

This tightrope walk of timing can be stressful, but the good news is that there are strategies professionals use to navigate these waters!

�� Two Smart Strategies for Seamless Transitions

Instead of worrying about the timing, focus on these proven solutions that can make your move a complete reality:

1. The Bridge Loan Solution

This is one of the best tools for homeowners who want to secure their new house before letting go of their old one.

What it is: A bridge loan temporarily allows you to hold on to your original house while providing you access to its equity.
How it works: You use the equity from your current home as a down payment for the new house. This means you can purchase, move into your new home, and then sell your first house without the pressure of having to rush the sale.

While it sounds complicated, it's a very effective strategy that many homeowners successfully use for a smooth transition.

2. The Short-Term Rental Strategy

If a bridge loan isn't the right fit, or you need more flexibility, moving into a temporary rental can simplify the process significantly.

What it is: Selling your house first and then moving into an Airbnb or a short-term rental.
How it works: This strategy gives you cash in hand from the sale of your first house, making you a more attractive cash buyer for your next home. It removes the stress of needing to coordinate two closings back-to-back. You can take your time to find the house you truly love without feeling rushed by a closing deadline.

�� Next Steps: Sit Down with a Pro

There are many different ways and patterns we can use to make this work for you. The key is to sit down with an experienced real estate professional to start sorting it out. We can look at your specific financial situation and housing goals to determine the best path forward and make your dream home a complete reality!

Ready to explore your options and find the smoothest path to your new home?

Is it Still Worth it to Buy a House in Late-2025?

Mon, 24 Nov 2025 18:10:45 GMT

Is It Still Worth Buying a House in Late 2025?

If you’ve typed “should I buy a house right now” into ChatGPT or Google recently, you aren’t alone. It is hands-down the number one question I’m hearing from buyers today: Is this the right time to buy, or should I wait?

It’s a valid question. The housing market has been a rollercoaster, and trying to time it perfectly feels a lot like trying to catch a falling knife. But as we settle into late 2025, the answer isn’t just about percentages and spreadsheets—it’s about your life.

The “Rate Drop” Reality Check

Let’s look at the numbers first. Recently, we saw what felt like a pseudo-rate drop from the Feds, sparking a little hope that mortgage rates would tumble. But if you look at what the financial experts are forecasting now, the picture is a bit more stubborn.

Many reliable forecasts suggest we might not see significant rate drops until the end of 2026. That is a full year away.

If you sit on the sidelines waiting for that perfect number, you are putting your life on hold for 12 months—potentially longer. And here is the hard truth: no one, not even the top economists, can tell you with 100% certainty if today is the "perfect" financial moment to buy. Markets fluctuate. Predictions change. But there is one thing that doesn't change: your need for a home that fits your life.

The Cost of Waiting vs. The Value of Living

While we obsess over interest rates, we often forget the other side of the equation. Your home is not just a line item on an investment portfolio.

It’s your refuge: It is the one place you can escape to when the world feels crazy.
It’s your gathering place: It is where you host holiday dinners and watch your family grow.
It’s your heartbeat: It is the backdrop for your daily life, from your morning coffee to your goodnight routine.

If you are currently living somewhere that makes you unhappy—whether it’s too small, too far from work, or just doesn't feel like "you"—then waiting a year for a hypothetical rate drop is a high price to pay.

Life Still Needs to Move On

Here is my take: If it’s time to move, it’s time to move.

Rates will go up, and rates will go down. But you can't get back the years you spent living in a house that didn't serve your family's needs. If you find a home that you love and can afford today, that value often outweighs the gamble of waiting for a market shift that may or may not happen on schedule.

Let’s Chat About Your Options

I know it’s a lot to consider. It’s a big decision involving a lot of moving parts. But you don't have to figure it out alone.

I would love to sit down with you and have a real chat about what buying looks like for you in this current market. We can look at the reality of your budget, explore neighborhoods, and figure out how to get you into a home where you can start making memories right now.

Ready to make a move? Let's talk.

Edna Wilson Your Hometown Realtor "As Hometown as Apple Pie"

Are You Overpaying?

Mon, 17 Nov 2025 21:23:15 GMT

Why The Time to Buy is Always Now!

Whenever I'm working with buyers, I hear the same questions again and again: Am I overpaying for this house? Is now the right time to buy? Are interest rates too high?

The confusion is understandable. With constantly changing markets, rates, and headlines, it's easy to get caught up in trying to time the perfect moment. But let's dive into the biggest concern: the fear of "overpaying."

The Market Moves Together

The first thing to understand is that the real estate market doesn't just go up and down for buyers—it goes up and down for sellers, too.

Market adjustments are synchronized. Consider this: If a seller pays $400,000 for a house, but then decides to sell it to buy a new $500,000 house, the market is adjusting together. When prices rise, both buyers and sellers are affected simultaneously. When prices cool, they come down together.

Because of this, obsessing over short-term market timing is often less productive than you might think.

History is on Your Side: The Best Time to Buy

The key takeaway is this: When you look at the long-term trend, the time to buy is always now.

In fact, you should have bought yesterday! The historical trend of real estate is consistent: prices consistently go up. Even with market fluctuations, real estate is a powerful long-term asset.

The Inevitable Recovery

Yes, we see down markets—those "big dips" or "droughts." We might be seeing a dip right now, but the market always rebounds. This is a fundamental principle of real estate history:

Every drought ends in recovery. Every drought ends in recovery.

We are always going to recover from these market dips because that is what happens. That is history. When you look at hundreds and hundreds of years of house buying, that is the clear, unwavering history. When there's a drought, we always recover.

Don't let the fear of overpaying or the noise of short-term market movements paralyze your decision. Focus on the long-term, historical consistency of real estate growth.

If you have any questions, I'd love to sit down and talk to you. That's the scoop.

Edna Wilson, your hometown realtor. As hometown as apple pie.

Should You Just Rent?

Mon, 13 Oct 2025 18:06:18 GMT

Should You Just Rent? A Real Talk About Today’s Housing Market

The question came up at my house the other night — should we just sell everything and rent? It’s a thought a lot of people are having right now. When a “normal” house costs around $400,000 and the monthly payments climb to $3,500 or more , it’s no wonder so many of us are scratching our heads and asking: is homeownership still worth it?

The Reality of Today’s Market

It’s not just the home prices. Property taxes, insurance premiums, and — let’s be honest — sky-high interest rates have made the idea of buying feel intimidating. Many families who could once comfortably buy a home now find themselves calculating and recalculating whether renting might actually make more sense.

When Renting Might Make More Sense

There are definitely cases where renting can be the smarter move — especially in unstable markets . Take condos , for instance. The condo market has been unpredictable lately, and prices in some areas haven’t fully settled. If you’re not sure whether a property’s value has bottomed out, it might make sense to rent for a while. Renting gives you flexibility — the ability to wait, watch, and decide when the market feels steady again.

But Owning Still Builds Wealth

Even though buying might mean a higher monthly payment, it also means something rent never will: equity . Every payment you make builds a little more ownership. As home values rise — and historically, they always have — that equity becomes real wealth.

There’s a reason real estate has created more millionaires than almost any other investment. When your property value goes up, you’re effectively earning money every month without lifting a finger. Rent, on the other hand, is money that never comes back.

The Emotional Side of Ownership

Beyond the numbers, owning a home gives you a sense of stability — something to call your own. You can paint the walls, plant a garden, or knock down a wall if you want to. It’s your space, your investment, your future.

Renting can offer freedom, but ownership offers roots. And for many people, that feeling of security and permanence is priceless.

The Bottom Line

So, should you sell everything and rent? Maybe. Maybe not. It depends on your goals , your finances , and your local market . There isn’t a one-size-fits-all answer.

Renting might make sense if you value flexibility or if you’re waiting for the market to calm down. But if you’re thinking long-term — about building wealth, stability, and a legacy — buying still has powerful advantages.

Let’s talk about what makes the most sense for you. Every situation is unique, and I’d love to help you explore whether renting or buying fits your goals right now.

How to Navigate the World of a Buyer's Market in 2025

Mon, 08 Sep 2025 16:49:39 GMT

How to Navigate the World of a Buyer's Market in 2025

There’s a quiet little secret floating around in today’s housing market—and if you're looking to buy a home in 2025, you’ll want to hear this loud and clear.

Yes, we’re in a buyer’s market… but it’s not what you think.

�� What Is a Buyer’s Market Anyway?

In Titusville, Florida, we are officially in a buyer’s market.

How do we know? One big indicator: inventory levels .

When homes stay on the market longer—typically more than 6 months —buyers start to gain leverage.

That’s great news for you, right?

Well… sort of.

�� Buyers Are Picky—And Strategic

In today’s market, buyers are stepping in with confidence. But they’re also being ultra-strategic :

Making offers $50K–$80K under asking
Expecting move-in ready homes
Walking away from fixer-uppers due to rising interest rates

If you’re paying $2,700/month for your mortgage, you probably don’t have the extra cash to update a roof, fix plumbing, or replace appliances. So naturally, today’s buyers are searching for homes that are already polished and finished.

�� But Wait — Buyers Don’t Hold All the Power

Here’s the twist:
Even in a buyer’s market, buyers don’t have unlimited control.

You still need to:

Be strategic with your inspection requests
Focus on the big four :
�� Electrical
�� Plumbing
❄️ HVAC
�� Roof

These are the core components that determine your long-term costs and your ability to insure the property. If one of them isn’t up to par, negotiate for it —don’t just walk away or get distracted by cosmetic issues.

⏳ Why NOW Might Be the Smartest Time to Buy

Here’s another thing “they” won’t tell you:
2025 might be your sweet spot .

�� Rates are expected to drop soon —and when that happens, the buyer’s market could vanish overnight.

When interest rates go down, demand typically skyrockets. That means:

Prices may rise again quickly
You’ll face more competition
We could see another frenzied market like 2021–2022

So if you’re on the fence, this is your sign:
Buy now while you have room to negotiate —and refinance later when rates fall.

�� Let’s Make a Smart Move, Together

The 2025 market is filled with hidden opportunities— if you know where to look . As a local expert right here in Titusville, I’m here to help you find those gems, negotiate with clarity, and buy smart in this evolving market.

There’s the scoop — Edna Wilson, your hometown realtor. As hometown as apple pie. ��

Transform Your Home in 5 Weeks!

Tue, 02 Sep 2025 17:19:51 GMT

5 Value-Boosting Projects You Can Start Now

Looking to boost the value of your home but short on time (and patience)? Good news: you don’t need a massive remodel or a six-month renovation. With just five weekends and a little elbow grease, you can make meaningful improvements that not only make your home look amazing — but actually increase its value, too.

Here’s your week-by-week guide to transforming your home in just 5 weekends.

�� Weekend 1: Curb Appeal is King

Start with the first thing every buyer sees — the front yard . A little effort here makes a massive first impression.

✅ Pull weeds
✅ Lay fresh mulch
✅ Add colorful flowers or potted plants
✅ Create a clear, inviting path to the front door
✅ Hang a welcome sign or wreath

�� Don’t underestimate this step — I’ve had buyers refuse to even walk inside a home because the exterior looked neglected. First impressions matter!

�� Weekend 2: Clean, Clean, Clean

This one may sound simple, but it packs a powerful punch: clean like a pro.

Deep clean kitchens, bathrooms, and baseboards
Organize closets and pantries
Eliminate odors and dust
Keep it smelling fresh and looking spotless

�� A clean home sends the message that it's well-maintained , which makes buyers feel more confident — and willing to pay more.

��️ Weekend 3: Refresh the Kitchen

No need for a full remodel — strategic updates can do wonders.

Paint or reface outdated cabinets
Upgrade countertops to quartz or a solid surface
Install a new appliance package
Replace hardware for a modern touch

�� Buyers love stylish kitchens, and this is often one of the biggest value-boosters in the whole house.

�� Weekend 4: Paint Like a Pro

Fresh paint works like magic — and it doesn’t cost much!

Patch holes and scuffs
Paint walls in neutral tones (think soft grays, beiges, or warm whites)
Avoid bold or overly personalized colors
Don’t forget trim and doors

��️ New paint gives a sense of cleanliness and move-in readiness — and makes the whole house feel new again.

�� Weekend 5: Boost the Bathrooms

Focus on small changes that make a big difference:

Replace the vanity (many start around $300–400)
Swap in new faucets and knobs
Add fresh mirrors, towel bars, or lighting
Update cabinet hardware

✨ Even if you don’t touch the shower or flooring, simple upgrades give the entire bathroom a facelift — and a better resale value.

✅ The Bottom Line: It’s All About Perception (and Profit)

Some of these improvements are about actual value. Others are about perceived value — which is just as important when it comes to what buyers are willing to pay .

You now have 5 weekends of smart, strategic projects to boost your home’s value. Whether you’re selling next month or just want to invest in your space, these tips deliver real impact.

When you’re ready to ask, “What’s my house worth now?” — give me a call. I’d love to help you take the next step.

There’s the scoop — Edna Wilson, your hometown realtor. As hometown as apple pie. ��

Making a Difference, One Step at a Time: Our 2025 Kicks for Kids Success Story

Tue, 19 Aug 2025 00:16:28 GMT

As a lifelong resident of Brevard County, I've always believed in the power of community to lift up our neighbors. This year, I'm incredibly proud to share the success of our Kicks for Kids initiative, where we partnered with two amazing local organizations to make a real difference in the lives of children throughout our area.

A Partnership Born from Purpose

When the opportunity arose to join forces with The Grove Church and Titusville Chiropractic & Injury Center for this year's Kicks for Kids campaign, I knew we had the potential to create something truly special. Each organization brought unique strengths to the table, and together, we were able to accomplish far more than any of us could have achieved alone.

The Grove Church's heart for community outreach, combined with Titusville Chiropractic & Injury Center's commitment to family wellness, created the perfect foundation for this initiative. As someone deeply rooted in Brevard County, I was honored to be part of bringing these organizations together for such an important cause.

The Numbers Tell the Story

The results exceeded our wildest expectations: over 1,200 pairs of sneakers distributed to disadvantaged children throughout Brevard County. But behind each number is a child who will start the school year with confidence, comfort, and the knowledge that their community cares about them.

Research consistently shows that proper-fitting shoes don't just protect children's feet – they protect their self-esteem, their ability to participate in activities, and their overall school experience. When a child has to worry about worn-out or ill-fitting shoes, it affects far more than just their comfort.

Why This Matters to Our Community

Growing up in Brevard County, I've seen firsthand how small acts of kindness can create ripple effects throughout our community. The families we reached through Kicks for Kids represent the heart of what makes our area special – hardworking parents who sometimes need a helping hand, and children who deserve every opportunity to succeed.

The timing couldn't have been more important. With the new school year approaching and back-to-school expenses mounting for families, this initiative provided crucial support exactly when it was needed most. No child should have to start the school year worried about their shoes, and thanks to our partnership, over 1,200 children won't have to.

Community Recognition

We're grateful that Florida Today recognized our efforts, highlighting how local organizations are coming together to support families during the back-to-school season. This coverage helps shine a light on the incredible work being done throughout Brevard County to support our most vulnerable residents.

The media attention also helps spread awareness about ongoing needs in our community and the various ways local organizations are stepping up to meet those needs.

Looking Forward

While we celebrate this year's success, we know the need continues year-round. The partnership we've built between our organizations has created a foundation for future collaboration, and we're already exploring ways to expand our impact in the coming year.

As a real estate professional, I see families moving to Brevard County every day, drawn by our beautiful location, strong communities, and caring neighbors. Initiatives like Kicks for Kids are part of what makes our area truly special – they demonstrate that we're not just a place to live, but a place where people genuinely care about each other.

Getting Involved

For those inspired to get involved in future community initiatives, there are always opportunities to make a difference. Whether through volunteering, donations, or simply spreading awareness about important causes, every contribution matters.

The success of this year's Kicks for Kids proves that when we work together, we can accomplish incredible things for our community. Here's to continuing that spirit of collaboration and service throughout Brevard County.

You NEED an Agent..

Mon, 18 Aug 2025 17:10:18 GMT

Why You Absolutely Need a Real Estate Agent (Even in a Hot Market)

This week, I got the kind of phone call no one in real estate wants to receive.

A friend of mine—well-intentioned but unfortunately misinformed—had just bought a home that seemed like a “too good to be true” deal . It was. And what followed after the closing was a mess of costly consequences.

They didn’t use a real estate agent , and they didn’t go through a title company . What happened next should be a warning to anyone thinking about skipping professional help in the biggest purchase of your life.

�� The Problem: A Roof with No Permit

Shortly after closing, their insurance company did a deep dive into the property.
That’s when it came out: the roof was never permitted.

Because of that:

The insurance company refused coverage
The buyer was suddenly uninsured
The mortgage lender stepped in and force-placed insurance —at a huge cost

Let me break that down for you...

�� Force-Placed Insurance Is Not Your Friend

When your lender has to place insurance on your behalf because you can’t get coverage:

It can cost you $10,000 per year or more
It only protects the lender , not you or your belongings
You still pay for it—but get none of the benefits

So not only was my friend uninsured, they were paying double for coverage that didn’t even protect their home.

All of this could have been avoided.

�� What a Real Estate Agent (and Title Company) Would’ve Done

If they had used a real estate agent—and worked with a reputable title company— the missing roof permit would have been flagged right away .

We would have:

Reviewed the permit history
Helped them negotiate repairs or walk away before closing
Made sure insurance was lined up before signing anything

✅ The Lesson: It Matters Who You Work With

Yes, using a real estate agent costs money.
But not using one can cost you a lot more —in headaches, legal issues, surprise costs, and lost protection.

Buying a home isn’t just emotional, it’s legal. And financial. And risky when you don’t know what to look for.

That’s why having a professional by your side isn’t just helpful—it’s essential.

�� Let’s Keep You Protected

If you're thinking about buying or selling, please don’t do it alone . I'm here to make sure you’re protected, informed, and not stuck in a nightmare scenario like my friend.

There’s the scoop — Edna Wilson, your hometown realtor, as hometown as apple pie.

A Week-by-Week Look at the Homebuying Process.

Tue, 05 Aug 2025 17:01:28 GMT

What Happens After You Go Under Contract?

You found the perfect house.
You made the offer.
It was accepted (cue the happy dance)!
But now what?

Let’s walk through what happens next, week by week , so you feel confident and in control from contract to closing.

��️ Week 1: Paperwork, Deposits & Inspections

Once your offer is accepted, the first week is all about preparation .

Here’s what happens:

✅ Finalize your pre-approval with your lender.
�� Sign the contracts and submit all required paperwork.
�� Deliver your escrow deposit to the title company. This is your "good faith" money.
�� Schedule your home inspections — this includes general inspection, termite, roof, HVAC, etc.

This is a busy but exciting week where we get everything officially underway!

��️ Weeks 2–3: Repairs, Insurance & Lending

Now it’s time to get into the nitty-gritty:

��️ We’ll negotiate any repairs based on your inspection reports.
��️ You’ll secure homeowners insurance .
�� You’ll work closely with your lender to make sure all documents are in and verified.

�� Bonus Tip:
If you’re a first-time homebuyer , this is also when we’ll work on grant applications if you're eligible — and there are some great ones out there right now!

��️ Week 4: Appraisal, Closing Details & Pie

This is the home stretch!

�� The appraisal is ordered by your lender to ensure the home’s value matches the loan amount.
�� We’ll schedule your closing date .
�� And yes… if you're one of my customers, this is when you pick your closing pie flavor . (Apple’s always a winner!)

�� Final Walkthrough & Closing Day

Before we sign anything, we’ll do a final walkthrough to make sure:

All the agreed-upon items are still there (yes, even the ceiling fans and blinds).
The house is in the condition promised in the contract.

Then…
✍️ We head to the closing table , sign all the paperwork, and you get your keys — and your pie.

�� You’re a Homeowner!

It may feel like a whirlwind, but you’re never alone in the process. I’ll be right there guiding you through every step — from contracts to keys (and yes, pie too ��).

There’s the scoop — Edna Wilson, your hometown realtor. As hometown as apple pie.

What Can You Buy in Titusville in 2025?

edna@ednawilson.com (Edna Wilson) — Mon, 21 Jul 2025 17:17:37 GMT

The State of Titusville's Market in 2025

With rising interest rates, national market jitters, and sensational headlines, it’s easy to feel overwhelmed when thinking about buying a home. But let’s cut through the noise for a moment and talk about what’s really happening right here in Titusville, Florida — because there are still incredible opportunities, especially if you’re shopping with a budget under $300,000.

Yes, You Can Still Find a Great Home in Titusville

Right now, I’ve got a 4-bedroom, 2-bath home listed at just $250,000 in a beautiful, well-established neighborhood . That’s a ton of space and value for the price — especially in a town as charming and well-located as Titusville.

Looking for something a little more modern? I’ve also got a 3-bed, 2-bath home with a fully remodeled kitchen for just $299,000 . Move-in ready, stylish, and affordable.

Payments Are Still Reasonable

If you’re wondering about monthly costs, the good news is that with many lenders offering flexible programs, the payments on homes in this price range can still be very manageable — especially when you consider how much more you're getting for your money here on the Space Coast.

Why Titusville Is a Smart Place to Start

Historically, real estate has always appreciated over time. Yes, we all remember the downturn of 2008 — but here’s the thing: anyone who bought a home during that dip is now sitting on a pile of equity. Real estate rebounds. It always has.

Titusville is one of those special places where your investment has room to grow. It’s still affordable , under-the-radar , and rich with potential — especially for first-time buyers or those looking for value close to the coast.

The Best-Kept Secret in Brevard County

Let me say this loud and clear: Titusville is the best-kept secret on the Space Coast.

Where else can you buy a home in a quiet neighborhood and watch rockets launch right from your backyard? Whether you're relocating, downsizing, or finally making the leap into homeownership,

Titusville has something special to offer — without breaking the bank .

If you're curious about homes under $300,000 in 2025, or want to see what’s available in your budget, I’d love to help you explore your options.

There’s the scoop — Edna Wilson, your hometown realtor, as hometown as apple pie.

Do You Have What it Takes to Become a Realtor?

edna@ednawilson.com (Edna Wilson) — Mon, 30 Jun 2025 16:31:02 GMT

The Honest Truth About Being a Real Estate Agent

All right, let’s get a little real for a moment. People often ask me what it takes to become a real estate agent. And I’ll tell you straight: becoming one is the easy part. Yes, real estate school can be challenging, but getting the license is just the first step.

Where it really gets hard? That’s in being a real estate agent day after day.

A lot of people have this dreamy idea of the job:

“You can make your own schedule!”
“You just get to show beautiful houses all day!”

Sounds lovely, right? But here’s the truth:

Early Mornings, Late Nights

My workday usually starts around 6:00 a.m. and doesn’t wrap up until 8:00 p.m. —and that’s on a normal day. It’s an all day, every day kind of commitment.

Sure, I try to keep Sundays off. But you know what? Real estate doesn’t always respect weekends. Emergencies happen, deals need saving, clients need answers.

You’re the One in the Hot Seat

Another tough truth? If something goes wrong, the blame often lands squarely on your shoulders. You have to be the problem-solver, the negotiator, the therapist. It’s a lot—and yes, it can be draining .

Dealing With... Everyone

Let’s be honest: people can be a little crazy sometimes. Emotions run high during moves, and agents are on the front lines of that stress.

The Highs Make It Worth It

But here’s the thing that keeps me coming back every day:
When you hand the keys to that first-time homebuyer? There’s no better feeling in the world.

When you help a widow who’s terrified about selling the family home so she can move closer to her kids—and you’re the one who says, “I know exactly what to do. Let me help you.”—there’s nothing more rewarding.

A Commission-Based Life

This job means waking up “unemployed” every single day, knowing you don’t get paid unless you close deals. It’s stressful. It’s risky. But it’s also incredibly fulfilling.

Honestly? I can’t imagine doing anything else for the rest of my life.

It’s hard work. But it’s amazing work.

That’s the scoop.

Edna Wilson—Your Hometown Realtor, as Hometown as Apple Pie.

How NOT to De-Value Your Home

edna@ednawilson.com (Edna Wilson) — Mon, 16 Jun 2025 17:10:29 GMT

What NOT To Do Before Selling Your Home

When homeowners start thinking about selling, one of the first questions I often hear is:

"What should we do to get the house ready to sell?"
or
"We might sell in a couple of years—what projects should we start?"

Surprisingly, my answer is usually very simple:
Clean and declutter. That’s it.

It may sound counterintuitive, but many of the projects homeowners believe will add value often don’t — and some may actually hurt your resale value. Let’s take a closer look at a few common mistakes sellers make:

Garage Conversions: A Common Pitfall

Converting a garage into a living space or in-law suite rarely adds value to a home. In fact, it often does the opposite. While it may serve a personal need in the short term, most buyers want a functioning garage. Losing that space can turn away potential buyers and may require costly reconversion down the road.

Overpersonalization: Keep It Simple

It’s great to make your home reflect your personality — while you live there. But if you're thinking about resale, avoid overly personalized décor. I once toured a home that had a full-blown cow theme — cow wallpaper, cow figurines, cow prints everywhere. The extreme theme actually detracted from the home's appeal. Remember: buyers want to envision their style in the space, not yours.

DIY Disasters: Hire the Pros

Some homeowners tackle do-it-yourself projects with the best intentions — but poor workmanship can make things worse. I’ve seen everything from 2x4s used as baseboards to botched tile work that ultimately needed to be ripped out and redone professionally. Sloppy DIY jobs create more work (and cost) for future buyers, and that’s a red flag.

Luxury Upgrades: Think Twice Before You Splurge

High-end upgrades may look gorgeous, but they often fail to yield a return on investment. I personally faced this temptation when selecting tile for a bathroom remodel. The tile I loved was $35 per square foot — before installation — and would have cost around $7,000 just for materials. Beautiful? Yes. Worth it for resale? Not at all. If you’re doing upgrades purely for your enjoyment, go for it. But don’t expect luxury finishes to translate into higher offers when you sell.

The Bottom Line:
Before listing your home, focus on what really matters: clean, decluttered spaces that allow buyers to envision themselves living there. Avoid unnecessary projects that won’t increase your home’s value — and may even hurt it.

When in doubt, reach out to a local expert (like me!). I’m always happy to walk through your home and help you make smart, simple decisions that get you the best return.

You Bought a New House—But When Can You Move In?

edna@ednawilson.com (Edna Wilson) — Mon, 19 May 2025 17:39:44 GMT

You Bought a New House—But When Can You Move In?

Congratulations! You’ve found the house you love, you’re picturing where the furniture goes, imagining cozy mornings in your new kitchen... but hold up—when can you actually move in?

Let’s break it down in real-world terms so you know exactly what to expect after that offer gets accepted.

The Typical Timeline: 4 to 6 Weeks

In most cases, closing on a home and getting the keys takes around 4 to 6 weeks. Why? Because a lot happens between signing the contract and moving your boxes in.

Here’s what those weeks generally look like:

Week 1: Deposit & Due Diligence

✅ You’ll submit your escrow deposit (your earnest money to show you're serious).

�� You’ll schedule your home inspection and maybe even additional inspections (like for pests, roofs, or pools).

�� You’ll be checking timelines and beginning to coordinate with your real estate agent and lender.

Yes, there are some upfront costs here—but it's all part of protecting your investment.

Weeks 2–4: The Loan Hustle

This is the time your lender goes into high gear. Expect to send over:

- W-2s or 1099s

- Tax returns

- Recent pay stubs

- Bank statements

- Employment verification

- A few other odds and ends

It may feel like you’re sending them your life story—but it’s all to make sure you’re clear to close. Hang in there, this part is vital!

Final Week: Wrapping Things Up

Now the finish line is in sight! During the last week before closing, you’ll:

- Do a final walkthrough of the property

- Review your closing disclosures

- Meet with the title company

- Sign documents (a lot of them!)

- Get your keys! ��

If all goes smoothly, you could be officially moving in just a month or so after your offer is accepted.

What If You’re Paying Cash?

Paying cash? Great! That typically means a faster closing process.

�� Cash, No HOA: You might be able to close in 8 to 10 business days.

�� Cash, With HOA: The timeline could extend slightly—not because of financing, but because of something called an estoppel letter.

Wait—What’s an Estoppel Letter?

An estoppel is a document your Homeowners Association (HOA) provides to the title company.

It confirms:

- You (or the seller) are in good standing

- There are no unpaid dues

- There are no liens or pending violations

- This is a crucial step in any transaction involving an HOA. The speed at which the HOA returns that estoppel letter can impact how quickly you close. Some associations are fast. Others... not so much. ⏳

So, When Do You Move In?

To sum it up:

With a loan: Expect 4 to 6 weeks

Cash purchase: As fast as 8–10 business days, unless there’s an HOA involved

Of course, every situation is different—delays can happen due to inspections, appraisals, or paperwork hiccups. But with a great team (like me on your side!), we do everything we can to keep the process on track.

Final Thoughts

Buying a home is exciting, and it's easy to get swept up in the emotion of it all. But understanding the timeline gives you a huge advantage. It lets you plan, pack, and prepare with confidence.

If you’re ready to buy—or even just thinking about it—let’s chat! I’d love to walk you through the process and help you get those keys in your hand as smoothly and quickly as possible.

Because once you're in, that's when the real fun begins. ��

This New Tool Will Help Us!

edna@ednawilson.com (Edna Wilson) — Mon, 28 Apr 2025 17:11:30 GMT

Big News: Next-Level Exposure for Your Home Listings!

Okay, I don't know if you're going to be as excited about this as I am, but I am over the moon thrilled to announce something brand new for my clients! I’ve officially signed up for a powerful new service that’s going to completely transform the way I market real estate listings—and it’s called retargeting .

You might not know the term, but I guarantee you’ve experienced it. Let’s talk about what retargeting really means:
You know how you browse online for a pair of shoes and then suddenly, those exact shoes seem to follow you everywhere you go online? You hop onto Facebook, there they are. You’re checking the weather—there they are again. That’s retargeting. And now, I can do the exact same thing for your home listing!

How Retargeting Works for Real Estate Listings

When I market a property now, your home won’t just appear on real estate websites. Instead, it will be seen on major platforms like:

CNN
Fox News
NBC
CBS
The Washington Post
And dozens of other high-traffic sites

When someone clicks on an ad featuring your property, it will start following them across the internet. Whether they’re checking the news, reading recipes, or planning their next vacation, your home will stay front and center in their mind. It keeps your listing top-of-mind and dramatically increases the chances of a buyer falling in love with your home.

Why This Matters for You

Here’s the exciting part:
Before implementing this new retargeting system, a typical home listing might generate around 800 views . Not bad, right?

But now? Listings are reaching numbers like 45,000 views and climbing!

And we know exactly what more views mean:

More attention on your home
More showings
More offers
More money in your pocket
Faster closings

Exposure is everything in today’s market. The more buyers we can put your home in front of, the faster we create competition and excitement—which leads to stronger offers and quicker sales.

Why Now Is the Perfect Time

The real estate market is constantly evolving, and staying ahead of the curve is key to success. If you haven’t partnered with me yet, now is truly the best time. With this new technology behind your listing, we’re not just keeping pace with the competition—we’re outpacing them.

Your home deserves maximum exposure, strategic marketing, and an agent who's always looking for the next big advantage. That's exactly what I’m bringing to the table.

Ready to Get Started?

If you're thinking about selling, let’s talk! I'd love to show you how retargeting can help get your home sold faster and for top dollar. Your house could be the one that buyers see everywhere—and that kind of visibility can make all the difference.

�� Contact me today and let's get your home the attention it deserves!
Because the next "Sold" sign could be yours!

3 Secrets Every Homebuyer Should Know Before Making an Offer

edna@ednawilson.com (Edna Wilson) — Mon, 14 Apr 2025 17:14:26 GMT

The Secrets to House Hunting!

So, you’re ready to buy a house. That’s exciting—but let’s be honest, it can also be a little overwhelming. Whether it’s your first time or your fifth, house hunting is a big deal. And while finding “the one” can feel magical, I always remind my buyers that falling in love with a home is just the beginning. Before you sign on the dotted line, I have a few tried-and-true secrets I share with every client—because sometimes the things you don’t see on a listing are the most important.

Talk to the Neighbors

Yes, seriously. If you see someone out walking their dog, getting the mail, or doing yardwork—stop and chat! A simple, friendly, “Hey, how do you like the neighborhood?” can go a long way.

Ask them:

What do you like about living here?
Is it quiet at night?
Any issues with the HOA?
Who lives next door to the house we’re looking at?

Neighbors are often a vault of useful (and honest) information. They’ll tell you what it’s really like to live on that street—things like how busy traffic gets, if a certain neighbor throws wild parties, or if there's a sweet community group that gathers weekly. You’ll never get that kind of insight from a home tour.

Walk the Streets

Don’t just drive by the house—get out and walk. Take a stroll up and down the street, both during the day and in the evening. That’s when the neighborhood’s true personality comes out.

I once did this with my husband while we were house hunting. Everything about the house seemed perfect—until we walked the block and realized how close it was to the interstate. We hadn’t noticed it during the showing, but when we stopped and listened, the road noise was hard to ignore. It was a dealbreaker for us, and I was so thankful we took the time to truly explore the area.

Walking gives you a feel for the pace of life, noise levels, and even subtle things like lighting and safety after dark.

Pay Attention to the Cars

This might sound odd, but hear me out: the cars parked around a neighborhood can tell you a lot.

Are they clean and well-kept? Mostly family vans and sedans? Or are there broken-down vehicles, cars up on blocks, or dozens of bumper stickers screaming political messages? You might notice things that align—or clash—with your lifestyle or comfort level.

The condition, type, and even quantity of cars can give clues about how your neighbors live, how much pride they take in their homes, and even how active the street is day-to-day.

This isn’t about judging people—it’s about making sure the environment fits your expectations and values.

Bonus Tips: A Few More Things to Look For

Listen for Sounds : Train tracks, barking dogs, or frequent overhead flights—these things might not show up in photos but can impact your quality of life.
Check Lighting : Are there street lights? Is the home well-lit at night? This can affect both safety and comfort.
Visit at Different Times : Morning and evening energy can be very different. That peaceful street during the day may turn into a nightly parking lot when everyone’s home from work.
Check Your Cell Signal : If you work from home or stream a lot, make sure you’ve got good service in and around the home.
Drive Your Commute : Map apps are great, but nothing beats doing the actual drive to see how long it really takes to get to work, school, or your favorite spots.

Final Thoughts

Buying a home is one of the biggest investments you’ll make—and while it’s easy to focus on countertops, paint colors, and layouts, don’t forget the bigger picture: the lifestyle that comes with the house.

These extra steps might seem small, but they can help you avoid major regrets down the road. So slow down, dig deeper, and give yourself the time to truly know the home and the neighborhood. You’re not just buying a house—you’re buying into a community, a street, and a lifestyle.

And I’m here to help every step of the way.

55+ Communities are Great, but Not for Everyone?

edna@ednawilson.com (Edna Wilson) — Mon, 07 Apr 2025 17:34:22 GMT

Living in a 55+ Community: The Real Pros and Cons

So, you’re considering life in a 55+ community—or maybe you’re already there and weighing how it fits your lifestyle. These age-restricted communities can be an amazing option for many people in their retirement years, offering peace, convenience, and a sense of belonging. But just like any living situation, there are some trade-offs.

Let’s break down the pros and cons of living in a 55+ community so you can decide if it's the right fit for you or a loved one.

The Positives of 55+ Community Living

1. Like-Minded Neighbors
One of the biggest perks of a 55+ community is that you’re surrounded by people who are generally in the same phase of life. Whether retired, semi-retired, or just enjoying the freedom of the "empty nest" years, it’s refreshing to be around folks who understand your rhythm of life. There's a built-in sense of camaraderie and connection—people are often looking for friendships, shared activities, and simply enjoying life.

2. Peace and Quiet
If you’ve spent decades raising kids, living in bustling neighborhoods, or enduring the sound of midnight lawnmowers and revving engines—welcome to the quiet life. These communities are typically calm and serene, free from noisy neighbors, late-night parties, or the unpredictable energy that comes with younger households.

3. Amenities Galore
Most 55+ communities are packed with amenities like clubhouses, swimming pools, fitness centers, shuffleboard courts, walking trails, and activity calendars filled with things like yoga, painting, or bingo nights. Whether you’re the social butterfly or prefer your peace and solitude, there's usually something for everyone.

4. Low Maintenance Living
Another major benefit? You’re not responsible for most of the yard work or exterior maintenance. After a storm, you won't be out there picking up branches or worrying about the roof—there’s usually a management team handling all that for you. This is especially appealing if you're looking to simplify and spend more time enjoying life and less time managing a household.

The Drawbacks to Keep in Mind

1. No Young Residents Allowed
While you might love your grandkids, they usually can’t move in with you. Most 55+ communities have strict age requirements for residents, which can make it hard if you were hoping to have a younger family member live with you temporarily—or even long-term.

2. HOA Fees and Control
Living in a managed community often comes with homeowners association (HOA) fees. These can be substantial, especially in communities with lots of amenities or condominium-style units. And you don’t have control over these fees—they can increase over time, so it’s important to budget accordingly and ensure your finances are in order.

3. Lack of Age Diversity
While being around peers can be comforting, there’s a trade-off in terms of generational diversity. You might miss the simple joy of children riding bikes down the street, the laughter of young families playing outside, or the fresh energy that comes from a more mixed-age environment.

4. Resale Limitations
Because 55+ communities serve a specific demographic, resale can sometimes be challenging. The buyer pool is smaller, and depending on the housing market, it could take longer to sell your home when the time comes.

5. Lots of Rules
HOAs typically come with a long list of rules and regulations, and 55+ communities are no exception. If you're someone who values freedom and flexibility—whether it's about decorations, landscaping choices, or pet policies—you may find these rules a bit restrictive. Make sure to read the community’s bylaws and HOA guidelines carefully before committing.

Final Thoughts

Living in a 55+ community can offer a beautiful, simplified lifestyle filled with friendship, comfort, and convenience—but it’s not for everyone. It really comes down to your personal preferences, lifestyle goals, and financial situation.

If you crave peace, simplicity, and an active adult community that feels like a built-in social circle, it might be a perfect fit. But if you're looking for a bit more freedom, flexibility, or a multi-generational atmosphere, you might want to explore other options.

As always, do your homework. Visit the community, talk to residents, read the HOA documents, and think about how you want your life to look in the next 5, 10, or 20 years. Because at the end of the day, this next chapter should feel just right.

Laundry in the Kitchen? The Surprising New Home Trend That’s Actually Working

edna@ednawilson.com (Edna Wilson) — Thu, 27 Mar 2025 17:54:05 GMT

Laundry in the Kitchen

There’s a new trend I’ve been seeing pop up in homes lately, and I have to admit—it caught me off guard at first: laundry in the kitchen.

Now, we’ve seen laundry rooms in all sorts of places. In the bedroom? Sure, that can be clever—especially if it’s just for the primary suite. In the shed? I’ve seen it. And of course, in the traditional laundry room—tried and true. But laundry in the kitchen? That one took me a minute to wrap my head around.

But the more I’ve seen it, the more it’s grown on me. When done right, laundry in the kitchen can actually be a smart, space-saving solution that doesn’t compromise style or functionality.

When It Works, It Really Works

One home I visited had their washer and dryer stacked neatly inside a custom cabinet, hidden behind beautiful doors that matched the kitchen cabinetry. Unless you walked around the corner, you wouldn’t even know the laundry setup was there. It was clean, discreet, and incredibly efficient. That’s the kind of design that makes you stop and say, “Okay, I see it now.”

Kitchens are already utility-heavy spaces, so adding laundry—if planned thoughtfully—can actually enhance the function of the home. For homeowners with limited square footage, this can be a game changer.

When It Doesn’t Work… It Really Doesn’t

Let me be clear, though: if you plop a washer and dryer in the middle of your kitchen without any sort of cover, cabinetry, or design strategy—it’s going to look out of place, cluttered, and a little chaotic. Function is important, but so is flow and visual appeal. That’s why execution is everything.

If you're thinking about incorporating this trend into your own home, here are a few tips to keep it functional and beautiful:

Conceal It : Use custom cabinetry, sliding panels, or bi-fold doors to keep appliances hidden when not in use.
Insulate Sound : Washing machines can be loud, especially during spin cycles. Make sure there's soundproofing or padding around the enclosure.
Consider Ventilation : Proper airflow is key—especially in a space where you're already cooking and creating heat.
Keep Aesthetic Consistent : Blend the design with your kitchen’s look. Matching cabinet doors or complementary finishes go a long way.

Why It’s Gaining Popularity

People are looking for smarter ways to use the space they have. With the rise in minimalism, downsizing, and multi-functional living, creative layouts are becoming the new norm. And truthfully, we’re seeing more people who want convenience and efficiency in their day-to-day routines.

It might not be for everyone, but for those who value functionality and clever design, kitchen laundry can be a surprisingly elegant solution.

Final Thoughts

I’m genuinely excited to see how this trend continues to evolve. Designers and homeowners are pushing boundaries in smart, stylish ways—and this is just one example. If you’re considering something unconventional like this, just remember: the details matter. Done well, it can be a highlight of your home. Done poorly, it can turn buyers away.

So, if you’re remodeling, renovating, or even just dreaming about your next project—don’t overlook the creative possibilities. Laundry in the kitchen might just be the next big thing.

Don't forget to check out my YouTube video on the matter below!

Are Closets That Important When You're Selling a House?

edna@ednawilson.com (Edna Wilson) — Mon, 17 Mar 2025 16:57:54 GMT

Are Closets Important When Selling a Home?

I have a question for you—how important do you think closets are when it comes to selling a house? If you were buying a home, would closet space be a deciding factor for you?

Let me tell you a quick story. I once bought a house in Windover Farms in South Titusville. It was fantastic—spacious, a four-car garage, plenty of bedrooms. Everything seemed perfect. But it wasn’t until after I moved in that I realized something important was missing: closet space! Sure, each bedroom had a closet, but beyond that, storage was seriously lacking. Suddenly, I found myself wondering where I was supposed to put everything—seasonal decorations, cleaning supplies, extra linens, all the little things you accumulate over the years.

That experience made me think. If I, as a homeowner, had overlooked closet space when purchasing a house, how many other buyers had done the same? More importantly, how many potential buyers actively notice and value closet space during a home search? The answer? A lot more than you might think!

Closet Space Matters More Than You Realize

Closet space isn’t just an afterthought—it’s a major selling point. Buyers today are looking for homes that can accommodate their lifestyle, and storage plays a big role in that. Every time I turn around, I see another storage unit being built in Brevard County. Why? Because people don’t have enough storage in their homes! That’s why closets and built-in storage solutions can add significant value to a property.

Think about it—where do buyers put their extra clothes, holiday decorations, cleaning supplies, or sentimental items? If a home doesn’t have sufficient storage, buyers are more likely to hesitate or start mentally calculating the cost of adding more. And that hesitation can be the difference between a sale and a pass.

How to Make Your Closets More Appealing to Buyers

If you're selling your home, don’t underestimate the impact of a well-presented closet. Here are a few simple but effective ways to make sure your home’s storage space is a selling point rather than a drawback:

I. Declutter and Organize – Buyers will open closets during a showing. If they see stuffed, overflowing spaces, they’ll assume the home lacks adequate storage. Cleaning out and organizing closets can make them appear larger and more functional.

2. Showcase the Space – The more space buyers can see, the better. Remove unnecessary items and leave shelves or racks partially empty to create an airy, spacious feel.

3. Upgrade If Possible – If your home lacks sufficient storage, consider adding built-in shelves or extra closet space if feasible. Even small investments like better closet organizers or additional shelving can make a big difference in how buyers perceive storage capacity.

4. Maximize Functionality – Walk-in closets, custom shelving, or well-designed storage systems can make a lasting impression. Even small closets can be transformed with smart organization solutions like double-hanging rods, pull-out bins, or labeled storage compartments.

5. Make It Look Inviting – Just like staging a room, a clean, organized closet can feel like a luxury. Matching hangers, neatly folded linens, and well-lit interiors can elevate the look of your closet space.

The Bottom Line

Closets might not be the first thing that comes to mind when selling a home, but they are definitely something buyers pay attention to. The more storage your home offers—or appears to offer—the more appealing it will be. If you’re planning to list your home, take the time to make your closets look as spacious and organized as possible. It’s a simple but effective way to make your home stand out and attract more buyers.

So, next time you’re thinking about what buyers are looking for, don’t forget about the power of a great closet!

Check out my new YouTube video on the matter below!

Pricing in This Market is Tough, Let me Help.

edna@ednawilson.com (Edna Wilson) — Mon, 03 Mar 2025 18:48:53 GMT

How to Price Your Home in Today’s Market

For the past five years, we’ve been talking about how crazy the real estate market is—and for good reason! The truth is, it’s constantly shifting based on factors like interest rates, inventory levels, buyer demand, and even global events. Pricing a home correctly in this kind of environment isn’t as simple as looking at a few online estimates and calling it a day.

Why Online Estimates Aren’t Enough

Websites like Zillow, Redfin, and even my own can provide valuable data, but they don’t tell the full story. These platforms rely on algorithms that often miss key details about your home’s condition, upgrades, location-specific demand, and current competition. While they can give you a general idea, they lack the human element—a deep understanding of what buyers in your area are actually willing to pay.

That’s where having a real estate professional with boots on the ground makes all the difference. A good agent takes the time to personally evaluate your home, analyze local trends, and strategize pricing based on three key factors:

Attracting Buyers

The first step in pricing is making sure your home gets noticed. Buyers today have access to more listings than ever, and if your home isn’t positioned competitively, it could sit on the market longer than necessary. A well-priced home will generate immediate interest, attract more showings, and, in some cases, even spark multiple offers.

Competing with Other Sellers

Your home isn’t the only one for sale—so it has to stand out. That means we need to look at what similar homes in your area are listed for and, more importantly, what they’re actually selling for. Pricing too high could push buyers toward a comparable home that’s more reasonably priced. On the flip side, pricing too low could mean leaving money on the table. Finding that sweet spot is an art, and it requires understanding buyer behavior, seasonal trends, and even the psychology behind pricing strategies.

Appraisal Considerations

Even if a buyer is willing to pay top dollar for your home, the appraisal has to support the price. Lenders require appraisals to justify loan amounts, and if the appraisal comes in too low, it can derail the entire transaction. That’s why pricing correctly from the start is so important. We aim to set a price that not only appeals to buyers but also aligns with what an appraiser will determine based on comparable sales and market conditions.

My Pricing Philosophy

I believe in pricing aggressively—not to the point where we scare buyers away, but in a way that ensures you walk away with the most money possible. The goal isn’t just to sell your home; it’s to maximize your return while minimizing time on the market.

A well-priced home creates urgency. Buyers don’t want to miss out on a great deal, and when they see a home priced right, they act fast. That can lead to strong offers, better negotiating power, and ultimately, a smoother closing process.

The Bottom Line

Pricing isn’t about guesswork—it’s about strategy. Every home is unique, and every market is different. That’s why working with an experienced real estate professional is key to ensuring you price it right from the start.

If you're thinking about selling, let’s chat. I’ll help you analyze the market, assess your home’s value, and create a pricing strategy that gets you the best possible outcome. Because in today’s market, the right price is everything.

Check out my new YouTube video below for more info.

Everyone Has an Origin, What's Mine?

edna@ednawilson.com (Edna Wilson) — Mon, 10 Feb 2025 17:50:48 GMT

My Journey Before Real Estate: From Nonprofit to Top Agent

When you’re a top real estate agent in Titusville, Florida, one of the most interesting things you discover is the variety of backgrounds among fellow agents. Real estate isn’t usually a first career for most, and every agent brings a unique story. That got me thinking—should I share my own journey? I’ve touched on it before, but here’s the full story of how I found my way into real estate.

Before stepping into this industry, I was actually in nonprofit management. In fact, I hold a degree in philanthropy and nonprofit management. My passion has always been about bringing people together to accomplish something greater than what any one person could do alone. The power of collaboration and community impact was what drove me in the nonprofit world, and it was an incredibly fulfilling experience.

However, when I discovered real estate, something clicked. It ignited a fire in me that I never expected. It allowed me to continue helping people—but in a different way. I found that I could guide individuals and families through some of the most challenging transitions of their lives.

Whether they were dealing with a difficult financial situation, moving on from a significant life event, or simply looking for the perfect home, I could be there to make what seemed insurmountable feel achievable.

What’s even more fascinating is that many agents have similarly unexpected backgrounds. I’ve worked alongside former florists, teachers, business owners, and people from all kinds of industries. Their past experiences shape the way they serve their clients, and it adds so much depth to the profession. Next time you meet a realtor, ask about their background—you might be surprised by their journey. It could even solidify your confidence in choosing the right agent, or at the very least, make for a great conversation.

For me, real estate isn’t just a job—it’s a way to continue making a meaningful difference in people’s lives. While my journey started in the nonprofit world, I’ve found that the principles of service, empathy, and community support translate seamlessly into real estate. And I wouldn’t have it any other way.

Living off the Grid is Possible, but is it Practical?

edna@ednawilson.com (Edna Wilson) — Mon, 27 Jan 2025 18:19:57 GMT

The Truth About Buying Land to Live Off the Grid in an RV

A question I get quite often is: "Hey Edna, I have this great idea—I want to buy a piece of land, park an RV on it, and live off the grid!" While it sounds appealing and adventurous, let me be honest with you: this is not as straightforward as it seems.

First and foremost, most cities and counties will not allow you to simply park an RV on a piece of land and call it home. There are zoning regulations and rules in place to ensure that properties are being used appropriately. The local government has specific requirements regarding sewage, plumbing, power, water, and other utilities. Without these essential services, you won’t meet the legal criteria for residential living.

The Reality of Off-Grid Living

Let’s break it down a bit more. If you’re thinking of putting an RV on a $5,000 acre of land, you’re likely going to face several challenges. For one, at that price, the property is probably not easily accessible. It might even require crossing someone else’s property just to get there, which could lead to disputes.

Then there’s the matter of making the land livable.

Septic system : You’ll need to install a septic tank for waste management.
Water : Access to clean water is critical, whether you drill a well or connect to a municipal source.
Power : While solar energy might be an option, it requires significant upfront investment and proper setup.
Permits : Even if you’re off-grid, you’re not off the hook for permits and inspections.

Without addressing these essentials, you’re at risk of violating local laws and potentially losing your property investment.

What Should You Do Instead?

If you’re serious about this idea, your first step should be to visit the planning and zoning department in your area. For instance, here in Brevard County, you can head to the Planning and Development Office in Viera. Talk to them about the specific piece of land you’re considering, and they’ll guide you through the rules and requirements. This step will save you a lot of headaches and help you make an informed decision.

Closing Thoughts

Living off the grid in an RV might sound like a dream, but it’s crucial to approach it with realistic expectations and thorough planning. Don’t let excitement lead you into a situation that could cost you time, money, and peace of mind. Instead, do your homework, consult with the proper authorities, and ensure that your dream aligns with local laws and regulations. With the right preparation, you can find a solution that works for you without the risk of losing everything you’ve worked hard for.

If You Sign With an Agent, Are You Stuck?

edna@ednawilson.com (Edna Wilson) — Mon, 13 Jan 2025 20:40:06 GMT

Are You Stuck with an Agent Once You Sign? Here’s What You Need to Know

This week, I had a conversation with a customer that I thought was worth sharing. She’d visited a listing and interacted with an agent she didn’t like. Although no paperwork had been signed with that agent, she was worried that the interaction might bind her in some way. When she called me, her main concern was whether she could still hire me to represent her instead.

This situation isn’t uncommon, and it raises an important question: If you sign with an agent, are you stuck with them? Let’s break it down.

The Truth About Signing with an Agent

The short answer is no, signing with an agent doesn’t mean you’re stuck with them forever. While signing a representation agreement does establish a professional relationship, there is always a way to end it if you’re unhappy.

Here’s how it works:

1. Read the Fine Print

Before signing anything with an agent, it’s essential to read the contract carefully. Some agreements include a cancellation fee if you decide to terminate the relationship, so it’s important to understand any potential costs upfront.

2. Terminating the Agreement

If you decide you no longer want to work with your agent, the process is fairly straightforward. All you need to do is:

-Write an email to the agent stating that you no longer wish to be represented by them.

-Copy their broker on the email to ensure proper communication and documentation.

In most cases, that’s all it takes to break the agreement. While it’s preferable to sign a formal cancellation document, the email alone will suffice in making your intent clear.

What Happens When You Hire a New Agent?

When you start working with a new agent, they’ll likely ask you to sign a representation agreement as well. This is standard practice across the real estate industry and is designed to protect both you and the agent.

The agreement lays out the boundaries and expectations of your working relationship, ensuring that both parties are on the same page. While signing the agreement is important, it doesn’t mean you’re permanently tied to that agent. As mentioned earlier, there’s always a way to exit the agreement if needed.

Why These Agreements Matter

Representation agreements aren’t meant to trap you — they’re meant to protect you. By formalizing the relationship, you gain:

Clear communication: The agreement outlines what you can expect from your agent.

Dedicated representation: It ensures your agent is fully committed to advocating for your best interests.

These documents are there to serve you, not restrict you, so don’t be afraid to ask questions or voice concerns before signing.

Final Thoughts

If you’re ever in a situation where you feel stuck with an agent you don’t want to work with, remember: you have options. Signing with an agent doesn’t mean you’re tied to them forever. As long as you follow the proper steps — like sending an email and copying their broker — you can move forward with someone else who’s a better fit for you.

At the end of the day, working with a real estate agent is about trust, communication, and feeling confident in the person representing you. If you have questions or concerns about signing with an agent or switching representation, I’m here to help. Just give me a call — let’s talk it through.

Because when it comes to your real estate journey, you deserve an agent who truly has your back.

2024 Has Been Insane!

edna@ednawilson.com (Edna Wilson) — Tue, 17 Dec 2024 19:12:06 GMT

Wrapping Up 2024: A Year of Change, Challenges, and Big Decisions

As 2024 comes to a close, I can’t help but look back and say — this year has been absolutely crazy. On a personal level, it’s been full of challenges, unexpected twists, and some big decisions that turned out to change my life for the better. I wanted to share this story with you because maybe, just maybe, it will inspire you to take a step forward in your own life.

The Condo We Loved (and Why We Left)

At the start of the year, my family and I were living in a beautiful condo on the river, and let me tell you — we loved that place. The views, the lifestyle, the location… it all felt perfect. But as I’ve talked about in some of my other blogs and videos, the writing was on the wall when it came to condos here in Florida.

With new regulations, rising costs, and mounting maintenance issues in the condo market, I could just feel it in my heart: it was time to go.

We made a bold decision. We bought a fixer-upper in Royal Oak, thinking it would be a great move and a fun project. Well, let me tell you, “fun project” is a massive understatement.

The Fixer-Upper Adventure (aka “Should We Burn It Down?”)

When we walked through the Royal Oak house for the first time, we thought it was a gem — full of potential, ready for a little love. We were excited about what it could become. But reality hit fast and hard.

From the moment we moved in, the challenges started piling up:

Water rising to the front door after heavy rain.

A full-on termite invasion that we had to battle.

Foundation issues so bad that at one point, we honestly joked about burning the place down and starting over.

It was an adventure, to say the least. I’ve seen some tough houses in real estate, but living in one? That was a whole different experience.

Why It Was Worth It

Despite the chaos, the repairs, and the tears, it was worth every moment. When all was said and done, this move turned out to be one of the best financial decisions we’ve ever made.

Here’s what it gave us:

Debt-free living: We paid off our house, which is life-changing.

A stable home: After fixing all the issues, we had a solid roof over our heads that we could truly call our own.

Financial peace of mind: No more big mortgage payments, no more stress.

At the end of the day, this house became everything we dreamed it could be.

What This Means for You

I share this story because I know many of you are facing decisions about your own homes. Maybe you’re living somewhere you love, but you feel that pull to make a move. Maybe you’re staring at a fixer-upper and wondering if it’s worth the risk.

Let me tell you: Sometimes the craziest decisions can lead to the greatest rewards.

If you’re thinking about making a move, downsizing, upsizing, or tackling a fixer-upper, I’d love to sit down and talk with you. Let’s strategize, look at the numbers, and make a plan that makes sense for your future. Because this year taught me that the right move — even if it’s challenging — can completely change your life.

Final Thoughts

2024 has been a rollercoaster, but it’s been worth it. We took a risk, overcame some major challenges, and came out stronger on the other side. If you’re standing at a crossroads in your life, wondering whether to take that leap, let’s talk.

Big changes can be scary, but they can also be the start of something incredible. Let’s work together to make your next move the one that sets you up for a brighter, more secure future.

Here’s to taking bold steps, building dreams, and wrapping up 2024 stronger than ever. Let’s make 2025 your year to thrive.

Full video below on the blog!

Building Trust is Building Success

edna@ednawilson.com (Edna Wilson) — Mon, 09 Dec 2024 18:34:46 GMT

Building Trust, Building Success: The Heart of My Business

In real estate, success is often measured by numbers — how many homes sold, how quickly they sold, and for how much. But for me, real success is about something much deeper: trust . It’s about being there for people during some of the most emotional and transformative moments of their lives. Let me share a story about one of my favorite clients, Kathy, to show you exactly what I mean.

A Journey of Trust and Transition

Kathy came to me during one of the hardest times in her life. Her husband had recently passed away, and she was living in a home that they had built a life together in. While the house was filled with memories, it had become overwhelming — too much space, too much maintenance, and too many emotions tied to it.

When Kathy called, it wasn’t just about selling a house; it was about starting over. We sat together, and we talked. We cried. We shared stories about her husband and the life they built. It was one of those moments that reminded me why I do what I do.

Through the process, there were challenges. The house needed some work, and the market presented its own hurdles. But together, we tackled them one by one. Ultimately, we sold her home for top dollar , allowing her to move forward into the next chapter of her life. To this day, Kathy still tells me that I’m the best — and honestly, those words mean more to me than any number on a sales report.

It’s About More Than Just Transactions

When I think about clients like Kathy, I’m reminded that this work isn’t just about buying and selling homes. It’s about building relationships and being a support system for people when they need it most. Helping Kathy transition from one chapter of her life to the next wasn’t just about the sale — it was about making the process as smooth and easy as possible for her.

Real estate is a business built on trust. People trust me with their homes, their dreams, and often some of the most difficult moments in their lives. My goal is to honor that trust by showing up, listening, and doing everything I can to make their journey easier.

Why Trust Equals Success

In my experience, trust is the foundation of success. When clients feel heard, understood, and supported, they’re not just clients — they become lifelong friends. And when that happens, the work becomes less about business and more about serving people in a way that matters.

Success in real estate, and in any business, isn’t just about closing deals. It’s about leaving people better than you found them. It’s about creating bonds that last long after the paperwork is signed. And it’s about knowing that you’ve helped someone take the next step in their journey with confidence and ease.

Final Thoughts

The story of Kathy is one of many, but it’s a reminder of why I love what I do. Every day, I get to build trust with incredible people and help them through some of life’s biggest transitions. And when I see the relief, joy, or gratitude on their faces, I know I’ve done my job.

If you’re looking for someone to help you through your next adventure — whether it’s buying, selling, or starting over — I’d be honored to be that person for you. Because at the end of the day, building trust is building success , and that’s what it’s all about.

Check out my latest YouTube video below on the matter!

My Predictions For the Market in 2025

edna@ednawilson.com (Edna Wilson) — Mon, 02 Dec 2024 18:11:19 GMT

Real Estate Market Predictions for 2025: What’s on the Horizon?

As we approach 2025, I want to share some insights into where I think the real estate market is heading. While real estate trends can vary from region to region, there are some clear indicators that we’ll see significant shifts in the market—particularly here in Florida, and even more so in Brevard County and Titusville.

A Return of Foreclosures and Short Sales

For the first time in years, I predict that foreclosures and short sales will start making a comeback. This will be especially evident in the condo market , which has been struggling to meet Florida’s new and more stringent regulations for safety and structural compliance. These challenges, combined with rising costs, have made it harder for condo owners to sell, leading to mounting financial pressure.

The housing market is also set to see similar struggles. Many people bought homes during the market peak, often overpaying. Now, with the need to relocate—whether for work, family, or other reasons—these homeowners are finding themselves unable to sell their properties for what they owe.

The Reality of Overpaying for Homes

I’m already witnessing these issues firsthand. One of my clients, a military family, had to relocate for work, but their home’s market value simply doesn’t match what they paid during the boom. It’s a heartbreaking scenario, and it’s not unique.

In this case, we’re heading into a short sale , which involves negotiating with the bank to accept less than what’s owed on the property. Short sales are a long and frustrating process for everyone involved. Buyers, in particular, face long waits—sometimes up to 30 days just to get an answer from the bank on an offer.

For buyers, this kind of delay can be maddening. It’s a slow-moving process, but it’s the reality of the market we’re moving into.

Getting Ready for the Shift

The return of short sales and foreclosures isn’t just a prediction—it’s something I’m already preparing for. I’ve been educating myself and diving into the intricacies of these transactions to ensure I’m ready to help my clients navigate them.

Brevard County, and Titusville specifically, will see its fair share of these challenges. As the market shifts, having an agent who understands how to handle these situations is going to be crucial. Whether you’re buying or selling, it’s important to work with someone who’s equipped to guide you through this complicated process.

What This Means for Buyers and Sellers in 2025

For buyers , the return of foreclosures and short sales could mean opportunities to purchase properties at a lower cost, though the process will require patience and persistence.

For sellers , it’s a reminder to be mindful of the market’s current conditions. If you bought at the peak, now is the time to evaluate your options carefully and consult with a real estate professional who can help you make the best decisions for your unique situation.

Final Thoughts

While the challenges of foreclosures and short sales may sound daunting, they are a natural part of the real estate cycle. The key to navigating this market is preparation, education, and patience. As we head into 2025, I’m committed to staying ahead of these trends and ensuring that my clients are equipped to handle whatever the market brings.

If you’re concerned about your home’s value or are interested in buying during this shift, let’s talk. Whether you’re navigating a short sale or exploring opportunities, I’m here to guide you every step of the way. Together, we can make the most of what the 2025 real estate market has to offer.

Check out my YouTube video below on the matter!

What's Up With The Pies?

edna@ednawilson.com (Edna Wilson) — Mon, 18 Nov 2024 18:40:15 GMT

What's the Deal with the Pies? The Story Behind My Real Estate Slogan

If you’ve worked with me, seen my marketing, or even just driven by one of my park benches, you might be wondering: “What’s the deal with the pies?” Well, sit back, grab a slice of pie (or some popcorn), and let me tell you the story of how a simple idea turned into my signature real estate brand.

It All Started on July 4th, 2017

My journey into real estate began on Independence Day in 2017. It was my first year as a real estate agent, and Titusville was buzzing with excitement for a downtown street party. The theme of the event was “Red, White, and Pie,” and I decided to show up with pies to hand out, figuring, “Hey, if the theme is pie, people should get pie!”

Little did I know, this seemingly small gesture would spark something much bigger. As I handed out pies, people kept asking, “Why pie?” At first, I gave playful, off-the-cuff answers. But then, almost as if by divine inspiration, I replied:

“Because I’m as hometown as apple pie!”

And just like that, a brand was born.

Why “As Hometown as Apple Pie”?

The phrase stuck with me because it captured exactly who I am and what I aim to bring to my clients. Real estate isn’t just about buying and selling houses; it’s about creating a sense of home, comfort, and community. To me, apple pie embodies that warmth and familiarity — the same feelings I want my clients to have when working with me.

From that day on, I’ve used the slogan “As Hometown as Apple Pie” across everything I do. It’s on my park benches, my social media, my YouTube channel, and even in the way I connect with my clients. It’s a reminder of my commitment to providing a welcoming, neighborly experience.

Pies for Every Closing

One of my favorite traditions tied to this brand is my Pie Giveaway. Every time one of my clients closes on a house, they receive a free pie to celebrate. It’s not just any pie, though — I source them from Village Inn, a fantastic restaurant known for its incredible pies. If you’ve never tried one, I highly recommend stopping by if you have a location nearby.

The pie is my way of saying “thank you” for trusting me with such an important milestone in your life. It’s a sweet reminder of the joy and celebration that comes with finding your perfect home or selling one to start your next chapter.

Why It Matters

To me, the pies are more than just a gimmick. They represent my values:

* Community: I’m proud to be part of the Titusville community and to offer the kind of service that makes people feel like they’re working with a trusted neighbor.

* Hospitality: Like Aunt Bee from The Andy Griffith Show, my goal is to make every client feel welcome, cared for, and at ease.

* Celebration: Every real estate transaction is a reason to celebrate, and what better way to do that than with pie?

The Tradition Continues

Seven years later, I’m still handing out pies, and my slogan is more alive than ever. Whether you’re buying your first home, upgrading to your dream house, or selling a property, I want your experience to feel personal and special. Because at the end of the day, real estate is about more than just transactions — it’s about people, community, and the joy of finding your perfect place.

So, the next time you see one of my ads or hear someone ask, “What’s the deal with the pies?” you’ll know the story. And who knows? Maybe you’ll be the next person to close on a house and take home a Village Inn pie of your own.

Because with me, it’s not just real estate — it’s hometown real estate, as sweet as apple pie.

Check out the full YouTube video below!

How to Find your Perfect Agent

edna@ednawilson.com (Edna Wilson) — Mon, 04 Nov 2024 18:11:19 GMT

Choosing the Right Real Estate Agent: Why It Matters and How to Decide

So, you’ve decided it’s time to buy a house. Congratulations! But if you’re like most people, one big question is probably looming: “Who do I turn to for help?” It might be tempting to just pick an agent from an online search or go with someone a friend recommended, but I’ll tell you upfront — choosing the right real estate agent can make a huge difference in your experience and outcome.

Not all agents are created equal, and not every agent will be the right fit for you. Here are some crucial things to consider to make sure you’re in the best possible hands.

Not All Agents Have the Same Level of Experience

Real estate agents come with varying levels of experience, and it’s essential to know what you’re getting. Some agents work part-time or only close a handful of deals each year. Then there are those of us who handle a high volume of transactions, like myself, completing around 100 deals a year. That level of experience means I’ve encountered countless situations and challenges, and I know how to handle them efficiently.

Why does this matter to you? The more deals an agent completes, the more expertise they bring to the table. High-volume agents are often better equipped to negotiate deals, spot potential red flags, and move quickly when time is of the essence. An experienced agent can mean the difference between securing your dream home and missing out.

Local Knowledge is Key

A good real estate agent isn’t just about sales numbers; they need to know the area. When you’re looking for a home, it’s vital that your agent understands the neighborhoods, market trends, schools, and local amenities. This is why I emphasize working with someone who knows your target area well.

One way to check this is by asking questions like:

“How many years have you worked in this area?”
“What neighborhoods do you specialize in?”

For example, if an agent claims to cover a vast stretch of land, like from Mims to Sebastian (a 70-mile range!), I would question their depth of knowledge in each individual neighborhood. How can one agent possibly be an expert across so many different areas? It’s unlikely, and a more focused, local agent might be a better fit.

Why does this matter to you? When your agent has local expertise, they can better assess home values, point out hidden gems, and steer you clear of problematic properties. They’ll know if a neighborhood is up-and-coming, if there are plans for new developments, or if a certain area’s home values are on the rise.

Don’t Be Afraid to Ask Questions

When it comes to choosing an agent, asking questions is not only encouraged but essential. Real estate is a significant investment, and you want to feel confident that your agent is genuinely qualified to meet your needs. Here are a few key questions to ask:

“How many deals do you close each year?”
“How well do you know this neighborhood?”
“What is your process for finding the right property?”

The answers to these questions will tell you a lot about the agent’s commitment, expertise, and ability to deliver. Remember, a knowledgeable agent should be open to these questions and happy to discuss their experience.

Why does this matter to you? Transparency builds trust. By asking questions, you gain insights into the agent’s track record and approach, helping you make an informed decision.

The Bottom Line

Buying a home is a major milestone, and the right real estate agent can make the process smoother, more enjoyable, and more successful. Take the time to vet potential agents — ask questions, check their local knowledge, and consider their level of experience. The right agent is someone who not only knows the area and the market but is also dedicated to helping you make the best decision.

Remember, you deserve an agent who is there to support and guide you through every step of this journey. So, don’t settle — make sure you’re working with someone who will be a true partner in your home-buying process.

Be sure to check out my latest YouTube video on the matter below!

Is AI Really Our Friend in Real Estate?

edna@ednawilson.com (Edna Wilson) — Mon, 28 Oct 2024 16:16:30 GMT

How We Use AI in Real Estate

AI-Enhanced Property Descriptions with SEO

Writing compelling property descriptions is no easy feat, especially when you need them to stand out online. AI helps us generate optimized descriptions that align with Search Engine Optimization (SEO) best practices. SEO is all about ensuring that the words we use match what buyers search for on Google and other search engines. The better our descriptions are optimized, the more visible your property becomes to potential buyers. AI makes sure your listing rises to the top and isn’t buried under thousands of others.

Virtual Staging Made Easy

Staging a home with real furniture can be expensive, time-consuming, and doesn’t always produce the desired look. That’s where AI comes in! With virtual staging, our photographers and editors can use AI to add furniture digitally to photos of the home, showcasing what the space could look like. It saves time, money, and hassle while giving potential buyers an inspiring vision of what could be. Virtual staging is also easy to update, so we can make quick adjustments based on feedback or preferences.

AI Insights into Market Trends

The real estate market is always fluctuating, and with the presidential election on the horizon, things are more unpredictable than ever. AI helps us stay ahead by analyzing market trends and converting complex data into actionable insights. These insights are valuable for buyers and sellers alike, offering a clearer understanding of the market landscape. With AI breaking down the numbers, we can provide accurate advice to help you make informed decisions, even when the market feels chaotic.

Smarter Lead Generation to Connect Buyers and Sellers

AI plays a crucial role in lead generation, which is essential for matching buyers with the right properties and sellers with motivated buyers. With AI, we can pinpoint leads with precision, targeting people who are actively thinking about buying or selling. If you’re looking for a specific property — like a 3-bed, 2-bath home in Titusville — AI sifts through endless data to identify properties that match your needs and potential sellers who might be ready to move. It can even flag homeowners who have lived in their houses for a long time and may soon be looking to sell based on statistical patterns.

AI in Real Estate: Transforming the Customer Experience

At the heart of all these AI tools is one goal: making the real estate experience smoother and more personalized for you. Whether it’s using SEO to increase your home’s visibility, virtual staging to showcase possibilities, tracking market trends, or finding the perfect buyer or seller, AI is helping us work smarter and faster. This ultimately means better service and results for you, whether you're buying, selling, or just exploring your options.

Embracing the Future of Real Estate with Confidence

AI might seem intimidating at first, but in real estate, it’s a game-changer that benefits everyone involved. The technology isn’t here to replace human connections — it’s here to enhance them. With AI handling the heavy lifting, I have more time to focus on what truly matters: helping you achieve your real estate goals.

So, next time you hear about AI, think of it as a helpful assistant working behind the scenes to make your home buying or selling journey more efficient, insightful, and stress-free. I’m here to guide you through every step of the way, with the power of AI supporting us both.

If you have questions or want to learn more about how AI can help you navigate the real estate market, I’m just a call or message away! Let’s embrace this new era in real estate — together.

Check out my new YouTube video on this below!

The Elections Affect Real Estate, but How?

edna@ednawilson.com (Edna Wilson) — Mon, 21 Oct 2024 17:32:10 GMT

How Presidential Elections Impact the Real Estate Market: What You Need to Know

Can you believe it? Presidential elections are right around the corner! While most people are focused on politics during election season, one area that often flies under the radar is how elections affect the real estate market. But believe it or not, the real estate market experiences some interesting changes during election years — particularly between November and January. If you're planning to buy or sell property soon, understanding these shifts can help you navigate the market effectively.

What Happens to the Real Estate Market During Elections?

Historically, we see a 14% drop in real estate transactions during national elections. This lull typically stretches from November through January, covering the period when uncertainty is at its peak until the newly elected or returning president officially takes office.

Why the dip? It’s simple — people tend to hold off on major financial decisions, like buying or selling a house, when the future feels uncertain. Potential buyers and sellers often adopt a “wait and see” approach, which slows down activity across the board.

What Buyers Should Know

If you’re in the market to buy a home, this could actually be an ideal time. With fewer buyers active, competition dwindles, meaning you might find yourself in a stronger negotiating position. The chance to snag a great property — even at a lower price — increases because there are fewer bidding wars and more motivated sellers. Essentially, the field clears out a bit, giving you the perfect window to “steal” a house at a better deal.

Advice for Sellers: No Need to Panic

If you’re selling during election season, there’s no need to worry. While the market might feel slow, it almost always rebounds quickly after the elections. In fact, January often brings a surge in activity, with buyers re-entering the market once the political uncertainty settles.

In my experience, the market typically bounces back stronger in January than it was in November. Of course, market dynamics can vary depending on the outcome of the election and how people feel about the result. But in general, real estate is resilient — so don’t panic if things slow down during these months.

A Balanced Perspective: Markets Recover, No Matter What

Remember that elections are temporary. Real estate cycles are influenced by many factors, from interest rates to job growth and consumer confidence. While politics may cause short-term hesitation, the underlying fundamentals of the housing market remain solid. Sellers can trust that activity will return soon, and buyers can seize a rare opportunity for less competition.

Final Thoughts

Election season may feel uncertain, but the real estate market has weathered many elections before, and it will again. So, my advice? Get out and vote! Exercise your right to shape the future — and know that the real estate market will stabilize come January. Whether you’re buying or selling, understanding these trends allows you to make the most of the season.

If you need help navigating the market during this time, I’d be happy to guide you through the process. Let’s make sure your real estate goals stay on track, election season or not!

Check out my YouTube video on this matter below!

How to Switch Agents in Real Estate!

edna@ednawilson.com (Edna Wilson) — Mon, 07 Oct 2024 16:57:49 GMT

"Help! I Signed with a Real Estate Agent I Dislike—What Do I Do?"

I get this all the time. Picture it: I'm hosting an open house, and someone walks in and says, "Edna, I hate my real estate agent, but I already signed paperwork with them. What do I do?" If you’ve ever found yourself in a similar predicament, you’re definitely not alone. Let's talk about what happens next.

New Rules: Understanding What You Signed

This situation has become more common lately, especially since the National Association of Realtors introduced new rules just this past summer. Now, before you can even tour a home, you’re required to sign a form stating that you understand a Realtor makes money if you decide to purchase a home or property with their help. This paperwork is intended to make the commission process transparent, which is great, but it also ties you to a specific agent—at least temporarily.

The bottom line is, this form indicates that you’ve chosen this Realtor for that particular transaction. But what if things go wrong? What if your agent doesn't communicate well, or you get the "heebie-jeebies" about how they operate? What can you do if the relationship doesn’t feel right?

Breaking Up with Your Real Estate Agent

Here's the good news: it's not as hard as it might seem to switch Realtors. All you really need to do is send an email saying something like, "I no longer wish for you to be my real estate agent." That’s it. Just that simple email can nullify the agreement and end your relationship with the agent.

Now, for those of us in the industry, we always prefer something a bit more formal—if you can get a signature confirming that your contract is now null and void, that’s ideal. But I understand that it’s not always possible, especially if your agent isn’t responsive. The important thing is that the email serves as a written record of your intentions, and that’s enough to protect you.

Pro Tip: Loop in the Broker

It’s also a really good idea to include the agent’s broker in this email. The broker oversees the agents working under them and can help ensure things get resolved properly. Remember, the broker has a responsibility to make sure clients are happy and that everything is handled ethically, so keeping them in the loop is to your benefit.

How to Choose Your Next Agent

Once you've sent that email, you’re free to hire another agent. The process is straightforward: just sign a new piece of paper that states, "You are now my agent," and you’re back on track. One very important thing to note here—please do everything in order. Do not sign with a new agent while still technically tied to your old one. Double agreements can get messy, and the last thing you want is to have both agents demanding commission if you purchase a home. Finish one step before starting the next, and you’ll be fine.

A Few Tips for Finding the Right Fit

If you’ve had a negative experience, you’re probably a bit nervous about jumping back into a relationship with a new Realtor. That’s totally understandable. Here are a few tips to help make sure your next agent is a better fit:

Do Your Research: Ask around for recommendations. Friends and family often have great referrals, and a personal recommendation can be reassuring.

2. Interview Multiple Agents: You’re allowed to talk to several agents before making a decision. Get a feel for their personality, their style of communication, and their approach to real estate. This isn’t just a business transaction; it's a partnership.

3. Trust Your Gut: If anything feels off, don’t be afraid to keep looking. A good real estate agent will be patient and answer all of your questions without pressuring you.

4. Communication is Key: Make sure your agent is easy to get in touch with and willing to communicate in the way that works best for you. If you prefer texting over phone calls, make sure they’re okay with that.

Why Your Agent Matters So Much

At the end of the day, your real estate agent is your partner in what is likely one of the biggest purchases or sales of your life. It’s crucial that you feel comfortable, heard, and respected throughout the process. An agent who’s a good fit will understand your needs, advocate for you, and help reduce the stress that inevitably comes with buying or selling a home.

If you’re currently working with an agent who isn’t delivering on these things, know that you’re not stuck. The power is ultimately in your hands, and finding someone who truly supports you is worth the extra effort.

Closing Thoughts

Switching real estate agents might feel awkward, but it’s actually more common than you think, and there are structures in place to make it a straightforward process. Real estate is all about relationships, and the right relationship with your agent can make all the difference in your experience. If you’re feeling unsure or unhappy, don’t settle—there’s an agent out there who’s the right match for you, ready to make the journey of buying or selling your home a positive experience.

Check out my latest YouTube video on the matter below!

Is the Condo Life for You?

edna@ednawilson.com (Edna Wilson) — Mon, 30 Sep 2024 19:49:20 GMT

The Good, the Bad, and the Ugly

Condo living isn’t for everyone, and figuring out whether it’s the right fit can be tricky. I want to share our experience to help you weigh the pros and cons, and see if condo life might suit your lifestyle. We’ve got a little bit of everything here: the good, the bad, and even the ugly truths about condo living.

The Dog Dilemma: A Condo Challenge

We recently moved out of our condo, and looking back, one of our biggest stressors was our dog. Living in a high-rise, we were often confronted with the challenge of taking the elevator down multiple times a day just so she could use the bathroom. As convenient as condo life can be, this aspect made it challenging. It wasn't just the ride itself—our dog also had to navigate the constant presence of other dogs. The confined shared spaces, the sounds, and the frequent dog encounters made it an overwhelming environment for her, and consequently for us, too.

The Good Side of Condo Living: Community and Convenience

That being said, it wasn’t all stress. In fact, we loved many aspects of our time in the condo. One of the biggest perks of condo life is the instant community. Living in a building full of neighbors provides a sense of connection that can be hard to find elsewhere. There are always events and activities to get involved in, and that social aspect can make a world of difference.

Then there are the amenities. Let’s face it: having a pool, gym, spa, and sauna all within an elevator ride’s reach is fantastic. We loved being able to head to the pool on a hot day or to the sauna after a long day at work. These perks brought a lot of value to our day-to-day lives and made our lifestyle feel more convenient and, honestly, more fun. You just don’t get that kind of luxury in a typical single-family home.

The Ugly Side of Condo Living: Upcoming Changes

But it’s not all sunshine and saunas in the world of condos. The "ugly" side of condo living is actually coming up quite soon: December 31, 2024, to be exact. New laws are set to come into effect that require many condos to be brought up to code, especially older buildings or those above a certain height. It’s not all condos, but the changes will affect a good number of buildings—so if you’re considering condo life, this is definitely something to look into.

And the major issue? Insurance. With the new laws, insurance rates are expected to skyrocket. Condo insurance is already known for being unpredictable, but these new regulations are likely to make things even more volatile. This uncertainty around rising costs is leading to a lot of people reconsidering their commitment to condo living.

In fact, a recent search I did showed there are 64 condos listed on the market right now between Garden Street and Highway 50 in Titusville. That's quite a lot, and it's possible this increased inventory is partly due to owners trying to leave the condo life before these new rules—and the potentially higher insurance costs—kick in.

A Changing Landscape: Weighing Your Options

So, is condo life right for you? Like any living situation, it depends on what you’re looking for. If you love the convenience of community amenities, social activities, and the lifestyle that comes with high-rise living, a condo could be perfect for you. But if you have a dog who’s stressed by close quarters or you're nervous about upcoming changes in insurance and building regulations, it might be worth considering other options.

In this changing landscape, it’s important to weigh the pros and cons—and maybe even get ahead of potential cost increases if condo living has been on your mind. There are opportunities on the market now, but understanding the implications of future laws and insurance changes will be crucial in making the best decision for yourself.

Ultimately, condo life has its perks and its pitfalls, and knowing your own priorities is key. If amenities, social interaction, and a lock-and-leave lifestyle are what you crave, then the good could far outweigh the bad. But with the upcoming regulations on the horizon, doing your homework could save you a lot of headaches later on. The best advice? Whether you’re buying, selling, or just considering, staying informed will keep you ahead of the game.

Pricing Strategies || Sell Your Home Faster!

edna@ednawilson.com (Edna Wilson) — Mon, 26 Aug 2024 19:22:41 GMT

Navigating the Changing Real Estate Market: The Importance of a Solid Pricing Strategy

If you've been paying attention to the real estate market lately, you've probably noticed that a lot is changing. With these shifts, it's crucial for sellers to adapt and ensure their property meets the expectations of today's buyers. The very first and most important step in this process? Your pricing strategy.

The Balancing Act of Pricing

When it comes to pricing your home, you want to make sure you're getting every bang for your buck. This means pricing your property high enough to maximize your return, but not so high that it becomes a deterrent. Overpricing can scare off potential buyers before they even step foot on your property. It's a delicate balance, and sometimes, especially with unique properties, it can feel like a bit of a guessing game.

For example, I have a property in Mims right now that is unlike anything else on the market. It’s so unique that we’ve had a hard time determining the right price point. Despite what the property may actually comp out at, the market simply wouldn’t bear it, leading us to make some significant price adjustments. This experience highlights the importance of understanding the current market dynamics and being flexible with your pricing strategy.

The Role of a Knowledgeable Real Estate Agent

This is where the expertise of a busy, experienced real estate agent comes into play. Only someone who is actively engaged in the market, who has been inside a variety of homes and understands the nuances of what buyers are looking for, can accurately assess what the market will bear for your property.

An agent who is constantly in the trenches of the real estate world can provide invaluable insights. They can tell you what buyers are paying for properties similar to yours, what features are in demand, and what price points are realistic. They can also help you avoid the pitfalls of overpricing, which can lead to a prolonged time on the market and ultimately, a lower final sale price.

The Impact of Market Dynamics

The real estate market is not static. It changes frequently due to a variety of factors, including economic conditions, interest rates, and local market trends. As a seller, it’s important to recognize that your property’s value isn’t just about what you think it’s worth, or even what it appraises for—it’s about what the market is willing to pay.

In a rapidly changing market, what worked yesterday might not work today. This is why it's essential to have a pricing strategy that is not only well-researched but also flexible. A good agent will continuously monitor the market and make adjustments as needed to ensure your property remains competitive.

Conclusion: Why You Need the Right Agent by Your Side

Selling a home is one of the most significant financial transactions most people will ever make, and it’s not something to take lightly. Pricing your home correctly is crucial, and it’s not something you want to leave to chance. You need an agent who understands the market inside and out, someone who is actively working in the field and knows how to navigate the ever-changing real estate landscape.

So, before you set your price, make sure you have a knowledgeable, experienced agent by your side. Someone who can help you strike that perfect balance, ensuring your home is priced to attract buyers and sell for the best possible price. In this market, having the right agent can make all the difference.

Check out my new YouTube video on this blog below!

STOP Using Your iPhone for Real Estate!

edna@ednawilson.com (Edna Wilson) — Mon, 19 Aug 2024 17:21:05 GMT

Why You Need to Stop Using Your iPhone for Real Estate Photos

You know there are some agents out there who actually use their phone to take pictures of houses they’re selling? Can you imagine that? You’ve invested half a million dollars in your home, and some agent walks in with their iPhone to snap a few quick pictures. What does that say about how they do their business?

Let me tell you—one of the things that set us apart at the Celebrate Team is that we always use a professional photographer. We understand the importance of first impressions, and that’s why we don’t cut corners when it comes to showcasing your home.

The Power of Professional Photography

When potential buyers are scrolling through Zillow or other real estate platforms, the photos they see are often their first interaction with your home. They’re making decisions about whether or not to visit your property based on these images. If the photos don’t do your home justice, you could lose out on a sale before the buyer even steps foot in the door.

That’s why we use professional photography—because we know that high-quality images make a huge difference. Professional photographers have the skills, equipment, and eye for detail that can truly capture the beauty and uniqueness of your home. They know how to use lighting, angles, and composition to create images that not only attract potential buyers but also tell a story about the lifestyle your home offers.

Going Beyond Just Photos

But we don’t stop at just professional photos. We also offer aerial photography, virtual tours, and more to ensure that your home stands out from the rest. Aerial photos can give potential buyers a sense of the property’s layout and surrounding area, while virtual tours allow them to explore your home from the comfort of their own.

These tools are not just add-ons; they are essential in today’s digital age where buyers often make decisions online before they ever visit a property in person. By using these advanced techniques, we ensure that your home gets the attention it deserves.

The Problem with Phone Photography

Now, let’s talk about what happens when an agent uses their phone to take photos of your property. Phone cameras, while convenient, simply don’t have the capability to capture the same level of detail and quality as professional cameras. The result? Grainy, poorly lit, and unflattering images that don’t reflect the true value of your home.

What message does that send to potential buyers? It says that the agent isn’t willing to invest in showcasing your property properly. It suggests a lack of professionalism and care, which can extend to other aspects of the sale process.

Why You Should Choose Us

At the Celebrate Team, we take pride in every aspect of selling your home, from the initial listing to the final closing. We believe that every home deserves to be presented in the best possible light, and that starts with high-quality, professional photography.

So, please, don’t hire a real estate agent who uses their phone to take pictures. Well—you know what—just hire us, and problem solved! We’ll make sure your home gets the attention it deserves, helping you get the best possible outcome from your sale.

Remember, when it comes to selling your home, first impressions matter. Make sure yours is unforgettable.

Check out my YouTube video on this matter below!

Your Agent Should be Your Stress Ball!

edna@ednawilson.com (Edna Wilson) — Tue, 13 Aug 2024 17:59:29 GMT

Your Agent Should Be Your Stress Ball.

What is a "Stress Shammy"?

Let me tell you, I’ve been called many things in my life, but recently, I was called a "stress shammy." Now, you might be wondering, what on earth is a stress shammy? Well, let me explain.

A recent client of mine was ecstatic after their transaction. They told me that even though there was so much going on, they had no idea what was happening behind the scenes. The reason? I absorbed all of their stress before it could even touch them, like a shammy soaking up a spill. But what does that mean for you when choosing a real estate agent?

The Importance of an Agent Who Handles the Stress

This client had no clue about the lender wanting to back out, the uncooperative seller, or the deadlines that were on the verge of being pushed back. But guess what? I handled it all quietly and effectively, without them needing to worry.

This is exactly what you need in a great real estate agent. You need someone who takes care of every little detail until the deal is done. You shouldn’t even realize just how much work is going on behind the scenes. Why? Because you’ve got enough on your plate already—packing up your life, keeping your pets safe, and coordinating the big move. The last thing you need is the added stress of a complicated real estate transaction.

Choosing the Right Agent: Your Stress Absorber

When you’re choosing an agent, it’s crucial to find someone who knows what they’re doing. Otherwise, their problems quickly become your problems. And that’s not how it should be. Remember, you are not their sounding board; they are yours.

A truly great agent will manage all the unexpected hiccups, tough negotiations, and tight deadlines without dragging you into the chaos. They serve as a buffer, ensuring your experience is as smooth and stress-free as possible.

The Difference a Great Agent Makes

Imagine the difference between two scenarios: one where you’re bombarded with every little issue, feeling overwhelmed and anxious, and another where your agent handles everything seamlessly, giving you peace of mind and the ability to focus on what really matters—your new home and the exciting journey ahead.

Conclusion: Find an Agent Who Will Be Your Stress Ball

So, the next time you’re in the market for an agent, look for someone who will be your stress ball. Someone who will absorb all the stress and make your transaction feel effortless. Moving should be an exciting new chapter in your life, not a source of unnecessary stress. Choose an agent who will let you enjoy the process and handle the rest.
Check out my full video on this on YouTube!

The Customer is NOT Always Right!

edna@ednawilson.com (Edna Wilson) — Mon, 29 Jul 2024 18:02:06 GMT

The Truth About Real Estate Transactions

"The customer is not always right." What? I know that seems counterintuitive, but the truth is, when you're dealing with big money (and you sometimes deal with BIG money!), purchasing a home is a big deal. We've got to be honest with each other...

We have to make sure that our feelings don't get hurt because this is just a transaction in some respects. But in others, I get it, it's your home, or sometimes it's your mom's home or your dad's home, or whatever it may be. It's a sweet, sweet memory to a lot of individuals! It is hard to let go of it, but at the end of the day, my job is to be objective, step back, and say, "Listen, we have problems here; there's termites in the attic," whatever it may be. Be honest! Shoot straight and don't just pat yourself on the back and say that it will be okay.

Problems need to be faced, and you need to be transparent with the customer. We do a lot of hugging and crying in this business; it's alright! Every house has its issues, and that's okay! I've got your back, and I'm going to get your home sold, just after some real communication and some real talk.

Honesty is Key

When it comes to buying or selling a home, honesty is paramount. As a real estate professional, my primary responsibility is to provide clear, unbiased information. This means addressing issues head-on, whether it's a termite problem in the attic, outdated plumbing, or any other potential deal-breakers. Sugarcoating or ignoring these problems does a disservice to everyone involved. By being upfront, we ensure that buyers and sellers can make informed decisions, leading to smoother transactions and fewer surprises down the road.

Balancing Objectivity and Emotion

Real estate transactions often come with a heavy emotional component. Homes are more than just buildings; they are repositories of memories, milestones, and personal histories. A seller might be saying goodbye to the home where their children grew up, while a buyer might be envisioning their future in a new space. As a real estate agent, it’s crucial to acknowledge and respect these emotions while also maintaining a level of objectivity. This balance helps facilitate a fair and transparent process for both parties.

Transparent Communication

Transparent communication is the cornerstone of successful real estate transactions. This means keeping clients informed at every step of the process, from initial consultations to final negotiations. It involves not only highlighting the positives but also addressing the negatives candidly. For example, if a home inspection reveals significant issues, it’s essential to discuss these openly rather than downplaying them. By fostering open dialogue, we build trust and ensure that clients feel supported and informed throughout the transaction.

Real Talk and Real Support

In the world of real estate, "real talk" is not just a catchphrase; it's a necessity. It involves having honest conversations about a property's strengths and weaknesses, market conditions, pricing strategies, and more. Real talk can sometimes be tough, but it’s also where the most significant progress happens. This approach ensures that clients have realistic expectations and are prepared for any challenges that may arise.

At the same time, real talk is accompanied by real support.

This means being there for clients through the emotional ups and downs of buying or selling a home. It means offering a shoulder to cry on, celebrating successes, and providing reassurance during stressful moments. By combining honesty with empathy, we create a supportive environment where clients feel valued and understood.

Closing Thoughts

The notion that "the customer is always right" doesn’t always hold true in real estate. In this field, the emphasis is on honesty, transparency, and open communication. By facing issues head-on and maintaining a balance between objectivity and empathy, we can navigate the complexities of real estate transactions effectively. Remember, every house has its issues, and that's okay. With real talk and genuine support, we can tackle any challenges and achieve successful outcomes for everyone involved.

If you’re considering buying or selling a home, know that I’ve got your back. Together, we’ll navigate the process with clear communication and a commitment to finding the best solution for your unique situation. Let’s embrace the journey with honesty and support, ensuring that every step leads us closer to your real estate goals.

Check out the FULL YouTube video on this blog below!

Why Titusville? The Ins and Outs of our Amazing City!

Mon, 22 Jul 2024 17:35:08 GMT

Discovering Titusville: A Gateway to Space and Nature

Nestled along Florida's Space Coast, Titusville is a charming city with a rich history and a vibrant present. With a population of over 43,000 residents spread across more than 30 square miles, Titusville offers a unique blend of natural beauty, historical significance, and modern attractions. This city is an ideal destination for those seeking adventure, relaxation, and a taste of Florida's finest offerings.

A Hub of Natural Beauty

Titusville is bordered to the west by the St. Johns River and to the east by the Indian River Lagoon, providing access to some of Florida's most treasured natural sites. The city is a gateway to the Merritt Island National Wildlife Refuge, Canaveral National Seashore, and the iconic Kennedy Space Center. These locations offer countless opportunities for outdoor activities, including bird watching, hiking, and exploring unspoiled landscapes.

The Indian River Lagoon, in particular, is a haven for wildlife enthusiasts and outdoor adventurers. From surfing and kiteboarding on the waves to world-class fishing in both fresh and saltwater, Titusville's diverse ecosystems provide endless entertainment. Thrill-seekers can also enjoy skydiving and exhilarating airboat rides, while golf enthusiasts can take advantage of year-round golfing in the city's numerous courses.

The Best Place to View Rocket Launches

Titusville is renowned as the best place on the East Coast to view rocket launches. Its proximity to the Kennedy Space Center means residents and visitors alike can witness the awe-inspiring spectacle of rockets launching into space. The Kennedy Space Center Visitor Complex is a must-visit, featuring exhibits, films on space exploration, and a replica space shuttle. The U.S. Astronaut Hall of Fame further enriches the city's space heritage, celebrating the achievements of America's space pioneers.

Rich History and Cultural Attractions

Historically, Titusville served as a transportation and business hub for the region, exporting lumber, fish, and oranges to cities along the East Coast. Today, it continues to thrive with a dynamic economy dominated by tourism and the aerospace industry. The Valiant Air Command Warbird Museum showcases an impressive collection of military aircraft memorabilia, offering a fascinating glimpse into aviation history.

Exploring Downtown Titusville

Downtown Titusville exudes a nostalgic charm, with quirky shops, diverse dining options, and accommodations to suit every budget. Visitors can indulge in the local delicacy, rock shrimp, at one of the many restaurants that dot the city. The friendly, small-town atmosphere makes exploring downtown a delightful experience.

Environmental Challenges

Despite its many attractions, Titusville faces environmental challenges, particularly related to the aging infrastructure that has led to sewage spills in the Indian River Lagoon. These issues underscore the importance of ongoing conservation efforts and infrastructure improvements to preserve the city's natural beauty for future generations.

Convenient Accessibility

Titusville's central location offers easy access to a range of attractions beyond its borders. It's a short drive to the Daytona International Speedway, Port Canaveral, and all the entertainment options in Orlando. With four international airports nearby, getting to and from Titusville is convenient for both domestic and international travelers.

Conclusion

Titusville, Florida, is a city that beautifully balances its historical roots with modern attractions and natural wonders. Whether you're here to watch a rocket launch, explore the great outdoors, or enjoy the local culture, Titusville offers something for everyone. As the city continues to grow and evolve, it remains a shining example of Florida's unique charm and enduring spirit. Come and discover all that Titusville has to offer – a gateway to space, nature, and adventure.

Kicks for Kids!

edna@ednawilson.com (Edna Wilson) — Mon, 15 Jul 2024 17:57:01 GMT

A Joyful Journey of Giving

Giving away is one of the greatest privileges of this job. I know that might sound unusual, but it truly is an honor. Today, I am thrilled to announce our fourth annual "Kicks for Kids" shoe drive. This event is not only a community favorite but also a deeply meaningful project that brings immense joy and support to children in need.

What is "Kicks for Kids"?

"Kicks for Kids" is an incredible initiative where we essentially take over Rack-Room Shoes for two days. During this time, we bring over 600 children into the store and let them pick out whatever shoes they want. It’s the most fun and crazy event that we do! The excitement and happiness on the kids’ faces are indescribable.

The Magic of Giving

We aim to raise about $30,000 for this event, partnering with a local church to help us reach our goal. This collaboration allows us to provide a memorable shopping experience for the kids. Let me share a couple of heartwarming stories that truly capture the spirit of "Kicks for Kids."

A few years ago, a little boy named Billy came into the store. With wide eyes and a curious expression, he approached me and asked, "Excuse me, ma'am, what is my budget?" I smiled and replied, "Well, you have no budget. You can pick anything in the whole store." His eyes lit up with disbelief and joy as he exclaimed, "Anything in the WHOLE store?!" The excitement and gratitude in his voice were palpable, and it’s moments like these that make all the hard work worthwhile.

Another unforgettable memory is of a mother of seven who was in tears as all her children were able to get new shoes for the first time. She shared that times were tough and getting shoes for everyone had been impossible. Seeing the relief and happiness on her face was incredibly moving.

Why "Kicks for Kids" Matters

I believe in this project because we know that these kids need help. Providing them with new shoes is more than just fulfilling a basic need; it’s about giving them confidence, comfort, and a sense of belonging. It’s about showing them that their community cares and is here to support them.

How You Can Help

We’re putting a link in this blog where you can donate to help the cause right here in North Brevard. Every contribution, no matter the size, makes a significant impact. Your support will help us continue this amazing tradition and bring smiles to even more children’s faces.

Join Us on August 4th

Mark your calendars for August 4th and be a part of this incredible journey. Whether you donate, volunteer, or simply spread the word, your involvement is invaluable. Together, we can make a difference, one pair of shoes at a time.

Closing Thoughts

Nothing makes me prouder than being part of this amazing charity. "Kicks for Kids" is not just an event; it’s a celebration of community, generosity, and the boundless joy of giving. Thank you for your support, and I look forward to seeing the magic we can create together this year.

Let’s continue to make a positive impact and provide these kids with the confidence and happiness they deserve. Thank you for being a part of "Kicks for Kids" and for helping us make a difference in North Brevard.

[ Donate to Kicks for Kids Here ]

Together, we can walk a mile in their shoes and make the journey brighter.
Check out my new YouTube video on this topic!

Moving 101 || Bring Your Stress from a 10 to a 1

edna@ednawilson.com (Edna Wilson) — Mon, 08 Jul 2024 17:05:29 GMT

Bringing Your Moving Day Stress from a Ten to a One

It’s moving day! You’ve sold your house, packed up your belongings, and you’re ready to embark on the next chapter of your life. However, moving is notoriously one of the top three stressors in the United States, right up there with divorce and death. It’s no wonder that this day can feel overwhelming. But fear not, because with a few strategic tips, you can transform your moving day stress from a 10 to a 1.

Arrange Care for Your Pet

One of the often-overlooked stressors on moving day is your pet. As much as we love our furry friends, they can add to the chaos. Consider taking your dog to a doggy daycare or leaving them with a trusted friend or neighbor. It might seem obvious, but many people don’t think about this option. By ensuring your pet is safe and cared for, you can focus entirely on the move without worrying about them getting underfoot or stressed out.

Label Everything

Organization is your best friend on moving day. Clearly label all your boxes with the rooms they belong to: Living Room, Primary Bedroom, Bedroom 1, Bedroom 2, etc. This simple step can significantly reduce stress during both the move and the unpacking process. When you arrive at your new home, you can immediately place boxes in their designated areas, making the entire process smoother and more efficient.

Carry Your Valuables

Certain items, like your iPad, computer monitor, or TV, require special care. Instead of packing these valuables with the rest of your belongings, transport them in your own car. This way, you can ensure they are handled with the utmost care and avoid any damage or loss. Knowing that your most precious items are safe can bring a significant sense of relief.

Direct Traffic at the Door

As each item and box enters your new home, have someone stationed at the door to direct traffic. This person can tell movers where to place each box and piece of furniture, ensuring everything ends up in the right room. Since you know your new home layout better than anyone, this role is crucial. It saves time and reduces confusion, making the unpacking process far less daunting.

Additional Tips to Ease Your Move

Start Early: Begin packing well in advance of your moving date. This prevents the last-minute rush and allows you to pack more thoughtfully.

Declutter: Use this opportunity to get rid of items you no longer need. Donate, sell, or throw away anything that won’t serve a purpose in your new home.

Create a Moving Checklist: A detailed checklist can help you stay organized and ensure you don’t forget any important tasks.

Hire Professional Movers: If your budget allows, hiring professionals can significantly reduce your physical and mental load. They are experienced in handling all aspects of a move efficiently.

Stay Hydrated and Take Breaks: Moving is physically demanding. Remember to drink plenty of water and take breaks to avoid exhaustion.

Closing Thoughts

Moving doesn’t have to be an overwhelming experience. By planning ahead and implementing these tips, you can significantly reduce your stress levels and make your moving day as smooth as possible. Remember, the key is organization, delegation, and taking care of both your valuables and your pet. With these strategies in place, you’ll be able to enjoy the excitement of your new home without the accompanying stress.

If you have any questions or need further advice on making your move easier, feel free to reach out. Happy moving everybody!
If you haven't already, check out my YouTube video on this below!

The Heart of a Landlord || Is it Right for You?

edna@ednawilson.com (Edna Wilson) — Mon, 01 Jul 2024 18:43:25 GMT

This Isn't Easy, Let's Talk!

So, you're ready to buy your first investment property? Congratulations! Investing in real estate can be a rewarding venture, offering both financial returns and personal satisfaction. However, before you dive in, I want to share a story that underscores the emotional complexities of being a landlord.

This morning, I heard a tale from a very sophisticated landlord I know. He owns around 23 properties here in Titusville, and recently, he’s been dealing with a particularly challenging tenant. This tenant hasn’t paid rent since October, and after numerous attempts to reach him, the landlord finally got through this morning. On the other end of the line was a man in tears, begging not to be kicked out, confessing that he was on the verge of homelessness and simply didn't have the money.

Faced with this heart-wrenching plea, my landlord friend found himself in an incredibly difficult position. Despite his business acumen and experience, he couldn’t bring himself to evict the tenant. This situation struck me deeply, and I thought to myself, “Dang, this is such a difficult situation; it isn’t for the faint of heart!” Truthfully, I would have a hard time doing it as well.

The Emotional and Financial Realities of Being a Landlord

This story highlights a critical aspect of being a landlord that often goes unmentioned: the emotional toll. When considering becoming a landlord, it's essential to ask yourself if you can handle the emotional weight of these situations. Are you prepared to make tough decisions that can significantly impact someone’s life?

Furthermore, there’s the financial side to consider. If your emotions get the best of you, can you afford the potential financial repercussions? Owning rental properties isn't just about collecting rent checks; it’s about navigating the complex human situations that come with them.

Counting the Costs

Before you invest in your first property, it’s crucial to count the costs—both financial and emotional. Here are a few key considerations:

Financial Stability: Ensure you have a financial cushion to handle missed payments and unexpected expenses. This includes maintenance, repairs, and periods of vacancy.

2. Legal Knowledge : Familiarize yourself with tenant laws and regulations in your area. Understanding your rights and responsibilities can help you manage difficult situations more effectively.

3. Emotional Resilience : Reflect on your capacity to handle emotionally charged situations. Can you maintain professionalism while dealing with tenants' personal hardships?

4. Support System : Consider building a support system, including legal advisors, property managers, and fellow landlords. Having a network to lean on can make challenging situations more manageable.

Seeking Advice and Support

If you're still interested in becoming a landlord and have questions, don’t hesitate to reach out. I own a few properties myself and would be happy to share my experiences and offer advice. Let’s talk about whether this is the right fit for you, and how you can prepare for the responsibilities that come with it.

Being a landlord can be incredibly rewarding, but it’s not for everyone. It requires a blend of financial savvy, legal knowledge, and emotional resilience. By considering these factors and seeking advice, you can make a well-informed decision about whether this path is right for you.

Remember , it’s not just about investing in properties; it’s about investing in people’s lives. And that takes heart. Feel free to give me a call, and we can discuss your journey to becoming a landlord. Let’s see if this path aligns with your goals and capabilities, ensuring you’re well-prepared for the challenges and rewards ahead.

Check out my latest YouTube video below about having the heart to be a landlord!

Solar Panels May Not be the Blessing that You Think They Are!

edna@ednawilson.com (Edna Wilson) — Mon, 24 Jun 2024 16:46:09 GMT

The Hidden Costs of Solar Panels: What Homeowners Need to Know

In recent years, solar panels have become synonymous with clean energy and sustainability.

Many homeowners are jumping on the bandwagon, hoping to reduce their electricity bills and carbon footprints. However, there's a darker side to this green revolution that you might not be aware of. As someone who's seen many homeowners face financial hardships due to solar panels, I'm here to share some crucial insights.

The Real Cost of Solar Panels

I've encountered numerous customers devastated by the financial burden of their solar panel investments. Typically, homeowners spend between $20,000 to $30,000 on solar panels. Shockingly, one customer shelled out a staggering $70,000 ! Solar panel companies often promise that new buyers will take over the payments, but this rarely happens.

Sure, in a cash deal, it’s possible, but let’s be real – how many homebuyers pay in cash? The vast majority finance their purchases, and convincing them to take on your solar panel debt is a tough sell. They see the panels as part of the house, not a separate asset. Consequently, when you sell, you'll likely need to pay off the remaining balance, which can severely cut into your home equity.

Impact on Roof Warranties

Another significant issue that many homeowners overlook is how solar panels affect roof warranties. Most roofing companies will void your warranty if solar panels are installed. Their stance is pretty straightforward: "You drilled through our shingles; it’s not our problem anymore." This means if you encounter any roof issues, you’re on your own. The cost of roof repairs can be substantial, adding another layer of financial strain.

Is the Investment Worth It?

Given these potential pitfalls, it's essential to ask yourself: Are solar panels worth the investment? I’m a big advocate for clean energy, but it’s crucial to consider the long-term implications for your home and finances. Before making a decision, do the math. Evaluate how long you plan to stay in your home and whether you’re willing to risk potential financial setbacks.

Things to Consider Before Installing Solar Panels

Financial Viability: Assess your financial situation and determine if you can handle the upfront costs and potential future expenses.
Home Equity : Consider how taking on a solar panel loan will impact your home’s equity, especially if you plan to sell in the near future.
Roof Condition: Ensure your roof is in good condition before installing solar panels, and understand that the installation may void your warranty.
Market Appeal: Recognize that not all buyers will see the value in solar panels, making it harder to sell your home.

Making an Informed Decision

Solar panels undoubtedly offer environmental benefits and can reduce your energy bills. However, they also come with significant financial and practical considerations. Before committing to solar panels, weigh the pros and cons carefully. Consult with financial advisors, real estate experts, and roofing professionals to ensure you’re making the best decision for your home and future.

Remember, while clean energy is a noble goal, it’s essential to protect your financial health and home value. Making an informed choice now can save you from unexpected hardships down the line.

For more insights on home investments and sustainability, check out these resources:

Thank you for reading! Check out my video on YouTube below on this subject!

How to Buy While Trying to Sell!

edna@ednawilson.com (Edna Wilson) — Mon, 10 Jun 2024 18:27:23 GMT

How to Buy a House While Selling your Current One

One of the most common questions I get is, "Edna, I found a house that I love but I don't know what to do because I haven't sold my current house. I don't owe anything on it, but I need to buy the new house because I don't want to lose it. How do we go about this?" Well the answer is simpler than you might think!

Qualifying for the Second House

Since you don't have a loan on your current house, or maybe just a little debt, you might already be in a good position. The first step is to see if you can qualify for a mortgage on the second house. Because you don't have much or any debt on your current home, qualifying might be easier than you think . Here's what you can do:

Get Pre-Approved: Start by getting pre-approved for a mortgage on the new house. This will give you a clear idea of how much you can afford and the loan terms.
Finance Smartly: Once pre-approved, go ahead and purchase the new house. You might consider not putting a lot of money down and financing the bulk of the purchase price.
List Your Current Home: After securing your new home, put your current house on the market.

Recasting Your Loan

You might not be familiar with recasting, but it's a fantastic tool in this scenario. Recasting is when you use the proceeds from selling your old home to pay down the mortgage on your new home, and then the lender recalculates your loan payments based on the new, lower balance. Here's how it works:

Sell Your Current Home: Once your old home sells, take the proceeds and apply them to the new mortgage.
Recast the Loan: Let's say your new mortgage is $500,000, and you sell your old home for $400,000. You then apply the $400,000 to your new loan, reducing the balance to $100,000. The lender will recalculate your monthly payments based on this new balance.
Benefit: This approach allows you to significantly reduce your monthly payments without having to go through the hassle of refinancing.

Bridge Loans

Another option to consider is a bridge loan. This type of loan can help you bridge the gap between buying your new home and selling your current one. Here’s how a bridge loan works:

Take Out a Bridge Loan: You take out a mortgage on your current home to finance the purchase of the new home.
Pay Off the Bridge Loan: Once your old home sells, you use the proceeds to pay off the bridge loan.
Flexibility: This option can provide the flexibility you need, but it depends on the specific numbers and your financial situation.

Let's Discuss Your Options

Every situation is unique, and what works best for one person might not work for another. That’s why it’s important to discuss your specific needs and options. There are many great lenders out there who can help you navigate this process and find the best solution for your circumstances.

If you need assistance or have any questions, give me a call. Let's have a conversation and find the best strategy for you to buy a new home while selling your current one. Thanks for reading!

Check out my latest YouTube video based on this blog!

Something is Stopping Your Home from Selling. Let's Fix it.

edna@ednawilson.com (Edna Wilson) — Tue, 28 May 2024 19:39:59 GMT

What's Stopping Your Home from Selling?

Selling a home can be a complex and emotional journey. Many factors can influence whether your home attracts potential buyers or sits on the market for an extended period. Understanding these factors and addressing them can significantly improve your chances of making a successful sale. Let's explore some common issues that might be stopping your home from selling and what you can do about them.

Neighborhood Issues

One of the first things potential buyers notice is the neighborhood. If your neighbors aren't maintaining their properties, it can create a negative impression of the entire area. For example, if there are junk cars or overgrown lawns next door, it might deter buyers from even considering your home. While you can't control your neighbors, being aware of this issue can help you set realistic expectations and adjust your selling strategy accordingly.

Curb Appeal

First impressions matter , and the exterior of your home is the first thing buyers see. If your lawn has dead patches of grass due to lack of rain or your garden looks neglected, it can turn potential buyers away before they even step inside. Simple maintenance tasks like mowing the lawn, planting some flowers, and ensuring your pool is clean can make a significant difference in attracting buyers.

Interior Clutter

Clutter inside the home can be a major deterrent for buyers. It makes spaces feel smaller and more chaotic. A clutter-free home appears larger and more inviting. Consider renting a storage unit for a month to store excess items. This small investment can make your home feel more spacious and appealing.

Structural Issues

Bigger underlying issues, such as foundation problems, can be a major red flag for buyers. People can often tell if the foundation is bad simply by walking around the house and feeling unstable or uneven floors. Addressing these issues upfront, either by making repairs or being transparent about them in the listing, can help prevent surprises during inspections and negotiations.

Garage Size

The size of the garage can also influence buyers' decisions. If your home has a one-car garage instead of a two-car garage, it might not meet the needs of buyers who have multiple vehicles or need additional storage space. While you can't change the size of your garage, you can highlight other positive aspects of your home to offset this drawback.

Location

Location is a critical factor in real estate. If your home is on a busy street, potential buyers might be concerned about safety for their children or pets. Additionally, some buyers might avoid certain locations due to noise levels or traffic congestion. In such cases, pricing your home competitively based on its location is essential. Be realistic about what the market will bear and adjust your asking price accordingly.

Pricing

At the end of the day, price is often the biggest factor in whether a home sells. If your home isn't selling, it might be priced too high for the current market conditions. Work with a real estate agent to determine a fair and competitive price for your home. Sometimes, a small price adjustment can make a big difference in attracting buyers.

Additional Tips

Staging: Consider hiring a professional stager to make your home look its best. Staging can help buyers envision themselves living in the space.
Marketing: Ensure your home is being marketed effectively. High-quality photos, virtual tours, and a strong online presence can attract more potential buyers.
Open Houses: Hosting open houses can increase exposure and give buyers a chance to see your home in person.

Selling a home involves many factors, and addressing these common issues can improve your chances of a successful sale. If you have any questions or need assistance with selling your home, feel free to call me. Let's have a conversation and find the best strategy to sell your home quickly and at the right price. Thanks for reading!

Discovering Titusville || Titusville Playhouse's History!

edna@ednawilson.com (Edna Wilson) — Mon, 13 May 2024 17:35:06 GMT

Discover the Magic of Titusville Playhouse

If you've never visited the Titusville Playhouse in Florida, you're truly missing out on a gem hidden in plain sight in downtown Titusville. Imagine stepping into a building steeped in history, originally constructed in 1905. This place wasn't just any building —it was a silent movie theater, a concept that seems almost otherworldly in today's digital age. One can only imagine the enchantment of watching flickering images in complete silence, the audience captivated by the story unfolding before their eyes. Truly, it must have been a sight to behold.

But the evolution of this historic site didn't stop there. Over the years, the building transformed from a silent movie theater to a hotel, then to a saloon, among other things. It's a place that has worn many hats, adapting and changing with the times. However, a significant transformation occurred on August 29, 1965 , when a group of visionaries saw its potential and purchased the building. From that day forward, it became known as the Emma Parish Theater and eventually evolved into what we now celebrate as the Titusville Playhouse.

History Continues

Today, the Titusville Playhouse isn't just a local theater; it's a cultural powerhouse that draws talent from across the nation. The plays and performances here are nothing short of spectacular , with actors coming from New York and various parts of the country just to entertain and inspire us. It’s a testament to the quality and allure of the productions that grace this stage. For anyone who hasn't experienced the magic of this playhouse, take it from those who have: there is hardly a better theater to be found anywhere in the vicinity.

But that's not all—Titusville Playhouse is on the brink of an exciting new chapter. Amidst a vibrant capital campaign, plans are underway to break ground on a new 500-seat theater. This isn't just any theater; it promises to be a state-of-the-art facility, a place that will further enhance the arts and culture scene in Titusville and provide even more opportunities for top-notch theatrical productions.

This is where you come in. As the playhouse embarks on this ambitious project, support from the community and theater lovers everywhere is crucial. Consider contributing to the capital campaign, helping to turn this dream into a reality . And while you're at it, make sure to grab some tickets for this season's shows. It's an opportunity to not only enjoy phenomenal performances but also to be part of the legacy of the Titusville Playhouse.

Florida's Best Theater

If you're looking for an exceptional theater experience, look no further. The Titusville Playhouse is ready to welcome you with open arms and unforgettable performances . Be part of the story, and witness firsthand the ongoing evolution of this historic venue. Whether you're a seasoned theater-goer or a newcomer eager to explore the arts, the Titusville Playhouse is a destination worth visiting again and again.

Check out my new YouTube Video on this blog below!

Titusville Origins || How our Lovely Hometown Got its Name!

edna@ednawilson.com (Edna Wilson) — Mon, 29 Apr 2024 18:40:49 GMT

Discovering Titusville: A Hidden Gem in the Heart of the Sunshine State

Titusville, Florida, my beloved hometown, is a place where dreams soar as high as the rockets launching into the cosmos from nearby Kennedy Space Center. Here, wildlife thrives—from dolphins dancing in the waves to manatees grazing in the tranquil waters and alligators sunbathing along the marshy banks. Situated in the heart of Florida’s Space Coast, Titusville offers not just a front-row seat to breathtaking space launches but also an incredibly diverse natural environment.

A Hub of Natural and Man-Made Wonders

Living in Titusville means being surrounded by nature’s wonders and close to some of Florida’s most famous attractions. Imagine living only 45 minutes from the bustling Daytona Beach, or just an hour’s drive from the magical world of Disney. Plus, our own natural beaches are just a five-minute journey from home. Whether it’s enjoying a sunny day at the beach or watching a rocket pierce the sky, there’s never a dull moment.

A Rich History: From Sandpoint to Titusville

But did you know that long before it became the gateway to space exploration, Titusville was known as Sandpoint? The name change to Titusville is a tale of local lore and spirited competition. It dates back to a picturesque day in downtown Sandpoint in 1873, where a high-stakes game of dominoes was played between Captain Rice and Colonel Titus. The stakes were high, as the winner would earn the right to rename the town. Colonel Titus emerged victorious, and thus, our town was rechristened Titusville, a name that has stood the test of 150 years.

Wacky Titusville Trivia!

A Community United by History and Innovation

This blend of historical charm and modern innovation defines our community. Titusville embodies the spirit of both preservation and progress, where historical sites like the Pritchard House stand in contrast to the cutting-edge technological advancements taking place at the Kennedy Space Center. This juxtaposition makes Titusville not just a place to live, but a place to experience a unique slice of American history and future.

Celebrating Life on the Space Coast

As residents of Titusville, we celebrate our unique position on the map every day. From the annual Space Coast Birding and Wildlife Festival that attracts nature enthusiasts from across the globe to the TICO Warbird Airshow that showcases vintage aircraft, the community finds numerous ways to celebrate its rich heritage and natural beauty.

An Inviting Future

For those considering a move to Florida, Titusville offers an inviting blend of adventure, history, and community spirit. It's a city where every launch brings us together, reminding us of the limitless possibilities that the future holds. Whether you're a space enthusiast, a nature lover, or someone who appreciates the quieter side of Florida life away from the tourist hotspots, Titusville is a place where you can find your new home.

So, come and discover the charm of Titusville, where history, nature, and the future meet. It’s not just my hometown; it’s a vibrant community waiting to welcome you into its arms. Don't forget to check out my YouTube video based on this blog below!

Are You Using the Right Resources When Looking for a Home?

edna@ednawilson.com (Edna Wilson) — Mon, 22 Apr 2024 17:16:50 GMT

Are You Using the Right Resources to Find Your New Home?

Hello there! If you've ever found yourself scouring the internet for properties, you're not alone. I've been there, spending hours on various websites. While there are many options available, not all of them are helpful or accurate. Today, I’m here to guide you on how to streamline your search and use the best resources available to find your dream home.

Choosing the Right Websites

When looking for properties online, it’s crucial to access the most up-to-date and accurate information. Websites like Realtor.com or directly navigating to established realty sites like my own ( Ednawilson.com ) connect you directly with the Multiple Listing Service (MLS). The MLS is the most reliable source used by real estate professionals nationally, and it updates faster than most third-party sites.

Third-party websites can often present outdated or inaccurate information. They might be appealing at first glance due to their user-friendly interfaces and additional features, but they can sometimes mislead you about the real status of a property.

Setting Search Parameters Wisely

Expanding your search parameters slightly beyond what you think you need can also lead to better results. For example, a house listed as having a "Jack and Jill" bathroom typically appears as having one and a half baths. However, it actually includes two separate sinks and toilets that share a common shower - which might be a compromise you are willing to make. This minor adjustment in how you view listings can open up more potential homes that could meet your needs.

Furthermore, if you’re pre-approved for a mortgage up to $250k, why not look at homes priced between $200k and $300k? Markets fluctuate, and sellers often reduce prices or become more negotiable, especially if they are eager to sell. This strategy increases your chances of finding a great deal, potentially getting more home for your money.

Using Reliable Resources

My biggest tip? Set your search parameters broadly but use reliable sources. Websites directly linked to the MLS, like Realtor.com , Ednawilson.com , or professional realty websites are your best bet. They provide the most current status on properties, including new listings and price reductions that third-party sites might delay reporting.

Avoid websites that don’t update their statuses quickly or accurately. It's frustrating and time-consuming to fall in love with a house only to discover it’s already under contract or, even worse, sold. Relying on trusted sites ensures that you are looking at real, available properties.

Conclusion

Navigating the world of online home shopping can be daunting, but with the right tools and a smart approach, you can make it much more manageable. Remember, using reputable sources and setting your search parameters a little wider can dramatically improve your home buying experience. Thank you for reading, and happy house hunting! Here’s to finding your perfect home with efficiency and ease. ��

Check out my new YouTube video on the matter below!

So You Wanna Be a Landlord? 🤔

edna@ednawilson.com (Edna Wilson) — Mon, 15 Apr 2024 16:53:03 GMT

So You Want to Be a Landlord? Here’s What You Need to Know

Becoming a landlord is not for the faint of heart. It requires a special set of skills and a thorough understanding of your responsibilities and rights. If you’re considering this path, let's dive into what it truly entails.

Understanding the Paperwork

First and foremost, let’s talk paperwork. As a landlord, your lease agreements are your first line of defense. In tenant-friendly states like Florida, tenants have substantial rights, which can sometimes supersede those of the landlord. That's why our leases are meticulously detailed, often extending to 32 pages. These documents are comprehensive to ensure that both you and your tenants are fully protected under the law.

Choosing the Right Property

Choosing the right property to rent out is crucial. If you possess a family home steeped in history and sentimental value, think twice before renting it out. Tenants may not share your emotional connection to the property, which can lead to significant wear and tear. Similarly, properties governed by Homeowners Associations (HOAs) come with their own set of challenges. HOA violations caused by tenants can lead to fines and headaches, making condos and other such properties less desirable for potential landlords.

Evaluating Your Risk Tolerance

Your personal disposition plays a significant role in your success as a landlord. If you find yourself overly sympathetic to the point where it interferes with timely rent collection, this role might not suit you. Every tenant has a story, but as a landlord, your ability to enforce lease terms respectfully and consistently will be key to maintaining your revenue stream.

The Path to Wealth Through Real Estate

Real estate remains a powerful tool for building wealth. To minimize risks and maximize returns, thorough tenant screening is imperative. Our company supports landlords by ensuring potential tenants meet strict criteria: a minimum income of three times the rent, a credit score of at least 640, and reliable references from past landlords and employers. These measures are crucial in securing reliable tenants who respect both their financial obligations and your property.

Closing Thoughts

In conclusion, while the allure of real estate investment is strong, it demands a clear-headed approach and meticulous planning. Being a landlord is not merely about collecting rent; it’s about managing relationships and maintaining properties in a way that is respectful to both the tenant and the community. If you’re ready to take on the challenges and reap the rewards, ensure you start on solid ground with the right knowledge and tools at your disposal. Here’s to building success in real estate, one property at a time!

Check out my new YouTube video below on the matter as I discuss in detail what this blog covers!

10 Facts About Titusville!

edna@ednawilson.com (Edna Wilson) — Mon, 08 Apr 2024 17:33:02 GMT

Diving Into the Fascinating World of Titusville

Nestled in the heart of the Sunshine State, Titusville, Florida, is a gem waiting to be discovered. While it may seem like just another dot on the map, this city is bursting with character, growth, and potential. From its burgeoning population to its pivotal role in Florida’s Rails to Trails bike trail, Titusville is anything but ordinary. Let's embark on a journey through 10 cool facts that not only define this vibrant city but also mark it as a hotspot for residents and visitors alike.

1- Population Growth:

In 1993, Titusville was home to 40,000 residents. Fast forward to today, and the city is on the brink of welcoming its 50,000th resident. This significant growth speaks volumes about the city's appeal and the quality of life it offers.

2- Sprawling City Limits:

Covering an area of 34.25 square miles, Titusville offers ample space for exploration, living, and growth. Its vast landscape is a testament to the city's sprawling nature and diverse ecosystem.

3- Water Supply Wonder:

Serving 22,587 water meters, Titusville's water department is a cornerstone of the city's infrastructure, supporting both residential and commercial needs with unwavering efficiency.

4- A Cyclist’s Paradise:

Part of Florida’s extensive Rails to Trails bike trail, Titusville offers 252 miles of picturesque pathways stretching all the way to St. Petersburg. Whether you're a cycling enthusiast or a casual rider, this trail is a must-try.

5- A Culinary Hub:

With 111 restaurants within city limits, Titusville is a foodie's paradise. The only dilemma? Deciding where to eat first!

6- Hospitality Boom:

The city currently hosts 17 hotels, with more on the way. This boom reflects Titusville's growing appeal as a tourist destination and a business hub.

7- Construction and Growth:

Over 2,800 new construction permits have been pulled recently, a significant increase from 1,900 in 2021. This surge highlights the city's dynamic growth and the increasing interest in its real estate.

8- Innovation at Its Finest:

With 56 businesses seeking permits for new ventures, compared to only 9 a few years back, Titusville is fast becoming a hotbed for innovation and entrepreneurship.

9- Business-Friendly Environment:

Home to 274 businesses that actively contribute to the local economy through their annual business tax receipts, Titusville is proving to be a thriving environment for businesses of all sizes.

10- Paving the Way Forward:

With a commitment to pave seven miles of highways annually, Titusville ensures that every 20 years, residents and visitors alike can enjoy fresh and smooth roadways, enhancing the overall driving experience in the city.

Wrapping Up:

Titusville, Florida, is clearly a city on the move. From its rapid growth and expansive infrastructure to its bustling culinary scene and commitment to innovation, Titusville is crafting a narrative of success and appeal. These 10 cool facts are just the tip of the iceberg, inviting everyone to delve deeper into what makes Titusville not just a place to visit, but a place to call home.

Check out the first YouTube Short on this below!

Moving with Pets 101!

edna@ednawilson.com (Edna Wilson) — Mon, 01 Apr 2024 17:22:37 GMT

Making the Move: A Pet Owner's Playbook

The excitement of moving to a new home often comes with a whirlwind of tasks and emotions. For those of us with pets, the complexity of planning and executing a move doubles, as we worry about the comfort and safety of our non-human family members. "How do you move with a pet?" It's a common query, reflecting the anxiety many feel about ensuring their pets' well-being during this tumultuous time. Drawing on personal stories and expert advice, this guide aims to ease your concerns, offering practical tips for moving with pets, be they chickens, cats, or a big old German shepherd.

Traveling Together:

For many, the thought of leaving their pets behind during a move is unthinkable. Whether you're driving across town or across the country, having your pet with you can ease their anxiety and make the transition smoother for both of you. One pet owner shared their story of moving to Ohio with their German shepherd, turning what could have been a stressful journey into a bonding experience. The key is preparation: ensure you have a comfortable, secure space for your pet in the vehicle, along with plenty of water, snacks, and breaks for stretching and relieving themselves.

Temporary Housing:

Sometimes, the timing of your move may leave you in a lurch, with your new home not quite ready to accommodate your pet. In such cases, consider asking the new homeowners if they’d allow your pet to stay in the property while waiting for the official move-in date. This arrangement can provide your pet with a quiet, safe space to acclimate to their new environment, even before your boxes are unpacked.

The Old Home Strategy:

If your new residence isn't ready to welcome your pet, another option might be to leave them at your old home temporarily. This works best if the property is still in your possession and vacant. Leaving pets in a familiar space, even if it's empty, can be less stressful than dragging them through the chaos of moving day. Just make sure to provide ample food, water, toys, and, if possible, have someone check on them regularly until you can reunite.

Prioritizing Their Comfort:

Regardless of how you choose to handle the physical aspect of moving with pets, their emotional well-being should be a top priority. The experience, from their perspective, is fraught with confusion and anxiety. They don’t understand the changes happening around them. To ease their stress, maintain as much of their routine as possible. Keep feeding and walk times consistent, and ensure they have familiar items like blankets, toys, and dishes. Recognize that it’s normal for pets to be stressed during this time, and patience will be your best tool in helping them adjust.

Conclusion: Home Sweet (New) Home

Moving with pets requires extra planning, patience, and care, but it’s entirely possible to transition your animal companions to their new home without undue stress. By considering their needs and maintaining a sense of normalcy, you can help mitigate the anxiety associated with moving. Remember, it’s not just about getting them physically from point A to point B; it’s about ensuring they feel safe, secure, and loved throughout the process. With these tips and a little preparation, you and your pets will be ready to start this exciting new chapter together.

Moving with pets doesn't have to be a tale of woe. Armed with the right strategies and a compassionate approach, you can ensure the move is a positive experience for every member of your family, pets included. So, here's to new beginnings, for you and your furry (or feathered) friends!

Check out my new YouTube video on this blog below!

Fight the Floreclsure

edna@ednawilson.com (Edna Wilson) — Mon, 25 Mar 2024 18:11:29 GMT

Winning the Fight Against Foreclosure: Strategies and Stories

Foreclosure. The word alone can send shivers down the spine of any homeowner. It's a daunting process where you're not just fighting to keep your home but also struggling to maintain your peace of mind. Yet, among this trouble, there are stories of resilience, strategic battles won, and paths less traveled that led to unexpected victories. Through personal experience and a deep dive into the foreclosure process, this blog aims to arm you with the knowledge and strategies to stand your ground and fight foreclosure. Let's navigate the stormy waters of foreclosure together, exploring options like short sales, deeds-in-lieu, and how to leverage the current market to your advantage.

The Harsh Reality of Foreclosure
Foreclosure isn't just a legal process; it's a personal ordeal. When you fall behind on your mortgage payments, the bank's looming message of "it's time to hand over the keys" can feel like a death knell for your homeownership dreams. But what if I told you that foreclosure isn't the end? That there are paths carved by those who've tread this road before you, offering a glimmer of hope in a seemingly dark tunnel.

Short Sale: The Lesser-Known Lifeline
A short sale might sound like jargon, but it's actually a beacon of hope for many. In essence, it's about putting your house on the market, hoping to find a buyer willing to pay a bit less than what you owe. The bank, in many cases, agrees to this arrangement, writing off the difference as a loss. This option not only prevents a full-blown foreclosure but can also minimize damage to your credit score.

Deed-in-Lieu of Foreclosure: A Graceful Exit
Sometimes, the best move is to know when to walk away. A deed-in-lieu of foreclosure is a dignified surrender, where you hand over the keys to the bank, saying, "I've done my best, but it's time to part ways." It's a tough decision, but it can close a chapter with fewer legal battles and less stress.

Facing the Goliath: Navigating Foreclosure Proceedings
Then there's the big one—the full foreclosure process, complete with court dates, judges, and a lot of legalities. It's the scenario we all dread, but understanding that even in this dire situation, there are strategies and legal rights at your disposal can make all the difference.

Leveraging Equity and the Current Market
The silver lining for many facing foreclosure today is the potential equity in their homes. In a market where most homeowners have equity, selling your home quickly can be a viable strategy to avoid foreclosure altogether. I've witnessed firsthand how setting the right price can attract buyers swiftly, allowing homeowners not just to avoid foreclosure but to actually profit from the sale.

Navigating Market Fluctuations
However, the market is fickle, and there are no guarantees. High interest rates and market downturns can make it challenging to find a buyer in time. Yet, the current trend suggests a hopeful outlook, with foreclosure rates expected to remain low, primarily due to the widespread equity homeowners have in their properties.

A Call to Action Before It's Too Late
Foreclosure can strike due to various unforeseen circumstances, but early intervention is key. Before the waves of anxiety and fear become overwhelming, reaching out for help can pave the way to a solution. Whether it's strategizing a sale or exploring alternative foreclosure options, taking action sooner rather than later can make all the difference.

Conclusion: Light at the End of the Tunnel
Foreclosure is undoubtedly a challenging ordeal, but it's not insurmountable. With the right strategies, informed decisions, and sometimes a helping hand, navigating through this storm and emerging unscathed is possible. If you're facing the threat of foreclosure, remember, you're not alone. Stories of resilience, strategic victories, and the possibility of a fresh start can be your reality too.

Click below to check out my new video based on this blog!

Buying and Selling at the Same Time Doesn't Have to be A Struggle!

edna@ednawilson.com (Edna Wilson) — Mon, 18 Mar 2024 19:19:09 GMT

Navigating the Waters of Buying and Selling Your Home Simultaneously

There comes a time in many families' lives when the realization hits that the dream home they’ve chosen isn’t quite the perfect fit. This tale is not just any story, but a real journey of a young family who faced just such a revelation. They had bought a brand new build, captivated by its charm and the sprawling acreage it sat on. However, the 1,000 square foot space quickly felt cramped as their family grew. In their quest for more room, they reached out to me, and thus began a venture that many find daunting: buying and selling a home simultaneously.

The family's plea was simple yet complex, “Edna, we need a bigger house, we need places to go—how do we maneuver that?” It was a question that sparked a lightbulb moment for me, highlighting a common predicament many homeowners face and the perfect topic to share with my audience.

The Strategy

Our approach was strategic and straightforward. First, we put their current house on the market, simultaneously diving into the search for their new dream home. This dual-action plan allowed us to make the most of our time, preparing for the moment when a buyer would step forward.

When that moment arrived, our focus sharpened. Transitioning from sellers to buyers, the family zeroed in on what they truly desired in their next home. Luck, it seemed, was on our side. They found their ideal home right in town and embarked on the final leg of their journey.

The beauty of our strategy lay in its simplicity and efficiency. We pre-signed the listing documents for their current home and aligned the purchase documents for the new home with the actual closing date. This meticulous planning meant the family had to attend only one closing session. They arrived at their new home with a moving truck in tow, fresh from the home they were leaving behind. After signing all the necessary paperwork, they stepped into the next chapter of their lives.

The Sweet Perk of Moving Day

While the process of buying and selling on the same day may seem daunting, it comes with its rewards—quite literally. In my service, I like to add a personal touch: if you hire me, your moving day will be sweetened with a pie of your choice, a gesture to celebrate the beginning of your new adventure. Though if you do more than 1 transaction with me, you get another! The family in this story had gotten 2 pies of their choice!

Conclusion

The journey of the young family from a cramped space to their ideal home, all within the span of a single closing day, exemplifies that buying and selling your home simultaneously doesn’t have to be a struggle. With careful planning, a clear focus on what you want, and the right guidance, it’s more than possible to make a seamless transition.

For anyone standing at the crossroads of needing more space but dreading the process, let this story be your guide and reassurance. And remember, the right help can make all the difference—plus, you might just get some delicious pies out of the deal.

Thank you for reading, and here's to your next home adventure, may it be as smooth and rewarding as pie.

Check out my new video below where I tell this story and more!

Mindset Matters, Don't Slack!

edna@ednawilson.com (Edna Wilson) — Mon, 11 Mar 2024 19:54:10 GMT

How Mindset Matters in Every Aspect of Your Life

In the whirlwind of life's constant challenges and opportunities, there's a proverbial phrase that echoes through the halls of personal and professional development: "If you're not learning, you're dying." While this might sound a bit dramatic, it encapsulates a powerful truth about the importance of maintaining a growth-oriented mindset. Whether you're navigating the waters of entrepreneurship, leading a team, or climbing the ladder as an employee, the significance of mindset cannot be overstated.

The Power of Continuous Learning

One of the cornerstone practices that have profoundly impacted my approach to personal and professional growth is attending conferences. These gatherings are more than just networking events; they are crucibles for challenging existing perspectives, discovering new ideas, and expanding the horizons of what we believe is possible. They serve as a vibrant arena where I actively engage my mind, deepen my understanding of my industry, and explore innovative ways to serve my customers better.

But the benefits extend beyond mere knowledge acquisition. Conferences are where I learn about the latest technological advancements that streamline processes, enhance efficiency, and ultimately, improve how we sell houses. This continual quest for knowledge and improvement isn't just about staying current; it's about adopting a proactive stance in a world that's constantly evolving.

The Buffalo Mentality

A recent conference led by Dave Ramsey introduced me to an intriguing fact about buffalos that perfectly illustrates the essence of a resilient mindset. Buffalos, unlike other creatures, choose to run towards an approaching storm rather than away from it. This counterintuitive strategy allows them to pass through the storm quicker, minimizing their time in discomfort and danger. This bold, efficient approach to challenges is something we can all learn from.

This "buffalo mentality" teaches us that it's not the obstacles life throws our way that define us, but how we choose to confront those obstacles. Running towards the storm - facing problems head-on with courage and determination - can lead us through difficulties more swiftly and emerge stronger on the other side.

Embracing a Growth Mindset

Adopting a mindset that embraces challenges, seeks out learning opportunities, and is open to change is crucial. It's about recognizing that every interaction, setback, or success is a stepping stone to personal and professional growth. By cultivating a mindset that views challenges as opportunities for growth, we equip ourselves with the resilience, adaptability, and courage necessary to thrive in an ever-changing world.

The principles of continuous learning and the buffalo mentality can be transformative. They remind us that our mindset is a powerful tool in navigating life's storms. By choosing to face challenges head-on, remain lifelong learners, and embrace change with open arms, we set ourselves up for success in any endeavor.

Overall, mindset matters. It's the foundation upon which we build our lives, careers, and relationships. By fostering a growth-oriented mindset, we not only enhance our own lives but also inspire those around us to pursue their paths with courage, determination, and an unwavering commitment to growth.

Check out my new YouTube video below on the matter!

The Ins and Outs of Title Companies

edna@ednawilson.com (Edna Wilson) — Mon, 26 Feb 2024 18:34:31 GMT

Navigating the World of Title Companies: Your Guide to a Smooth Property Transaction

When diving into the realm of buying or selling property, one of the critical players in ensuring a smooth transaction is the title company. Their role, often shrouded in mystery, is vital in the real estate process, handling the heavy lifting of paperwork and legal verifications to ensure you get to the closing table without a hitch. Let's demystify the ins and outs of title companies and understand why choosing the right one matters.

The Role of Title Companies: Beyond Paperwork

At first glance, the work of title companies seems to be engulfed in endless paperwork. However, their responsibilities extend far beyond. Title companies are the unsung heroes who conduct due diligence to ensure the property you're buying is free of legal encumbrances, or what they term as "clouds," that could jeopardize your ownership.

Clearing the Clouds: Ensuring Clean Ownership

Imagine buying your dream home, only to find out that there's a claim against the property from a distant relative or a previously undisclosed lien. That's where title companies shine. They perform comprehensive title searches, sifting through court records, past deeds, and financial claims to ensure the property's title is clear. This meticulous process is crucial in preventing potential legal battles over ownership.

The Insurance Guarantee: Your Safety Net

Perhaps one of the most significant aspects of a title company's role is issuing title insurance. This policy is your safeguard against future claims or legal issues that might arise, ensuring that your ownership remains protected. Title insurance provides peace of mind, knowing that should any unforeseen claim surface, you're covered.

Choosing the Right Title Company: Why It Matters

Not all title companies are created equal. The efficiency, thoroughness, and customer service of the title company you choose can significantly impact your transaction's smoothness. A reputable title company will not only efficiently handle all the paperwork but also keep you informed throughout the process, ensuring transparency and trust.

The Closing Process: The Final Frontier

The title company plays a pivotal role in the closing process, coordinating between buyers, sellers, and lenders to finalize the transaction. They ensure all financial obligations are met, necessary documents are signed, and ultimately, that the property title is officially transferred to the buyer. This final step is crucial in marking the successful completion of the real estate transaction.

Final Thoughts

Title companies are integral to the real estate buying and selling process, ensuring that the property's title is clear and that you're protected against future claims. Their work, while complex, is crucial in ensuring that the property you invest in is truly yours. When entering a real estate transaction, understanding the role and importance of a good title company can be the key to a seamless and secure property purchase.

As you embark on your next real estate adventure, remember the critical role of the title company and choose wisely. The right title company will not only guide you to a successful closing but also ensure your peace of mind in your new property ownership.

Check out my new video below on this blog!

Seller's Disclosures want to know if you've found Dinosaurs? 🤔

edna@ednawilson.com (Edna Wilson) — Mon, 19 Feb 2024 19:13:55 GMT

Navigating Seller's Disclosures: A Buyer's Guide

When stepping into the world of real estate transactions, one term you'll frequently encounter is "seller's disclosure." But what exactly is it, and why does it matter so much to both buyers and sellers? Let's dive into the details and uncover the significance of this crucial document.

Understanding Seller's Disclosures

At its core, a seller's disclosure is a document that sellers provide to potential buyers, detailing key information about the property's condition and history. This could include details about the age of the roof, any past termite problems, and a myriad of other factors that could influence a buyer's decision. It's essentially a way for sellers to communicate known issues or characteristics of the home, reducing the risk of future disputes about the property's condition.

The Quirks and Questions of Disclosures

Seller's disclosures can sometimes venture into quirky territory with questions that might seem unusual at first glance. For example, being asked if your backyard is an archaeological dig site or if you've ever struck oil on your property might raise a few eyebrows. However, these questions serve a purpose, revealing unique or significant aspects of the property that could affect its value or appeal.

Interestingly, disclosures can also touch on less tangible aspects, such as air rights, which might be sold for purposes like advertising. This highlights the wide range of factors that can play into the valuation and use of a property, extending well beyond the physical land and structures.

The Importance of Thorough Review

For buyers, thoroughly reviewing the seller's disclosure is a critical step in the buying process. It provides a foundation for understanding what you're getting into, potentially saving you from unwelcome surprises down the line. It's also an opportunity to ask targeted questions based on the disclosed information, allowing for a more informed decision-making process.

Complementing Inspections

It's essential to note that while seller's disclosures offer valuable insights, they do not replace the need for professional inspections. In states like Florida, the law requires sellers to disclose known issues, but an inspection can uncover problems that the seller may not be aware of. This dual approach of reviewing disclosures and conducting inspections ensures a comprehensive understanding of the property's condition.

The Legal and Ethical Significance

Beyond the practical aspects, seller's disclosures also have legal and ethical implications. They serve as a transparency mechanism, fostering trust in the transaction by ensuring that all parties are adequately informed. For sellers, accurately completing the disclosure is not just about legal compliance; it's about upholding a commitment to honesty and integrity in the sale.

Final Thoughts

Seller's disclosures are a fundamental element of real estate transactions, offering a snapshot of the property's past and present condition. For buyers, they are an invaluable resource for making informed decisions. For sellers, they represent an opportunity to transparently communicate with potential buyers, setting the stage for a fair and smooth transaction.

As you navigate your next real estate journey, remember the importance of these disclosures. Take the time to review them thoroughly, ask questions, and conduct due diligence through inspections. By doing so, you'll be better equipped to make decisions that lead to a happy home and peace of mind.

Check out my new video below! It's based on this blog and has more info on the topic!

You want Peace? Come and get it!

edna@ednawilson.com (Edna Wilson) — Mon, 12 Feb 2024 18:12:13 GMT

Titusville, Florida: Your Sanctuary for Inner Peace

In our fast-paced world, finding a haven of tranquility and peace is invaluable. If you're searching for a place that offers an escape to serenity, look no further than Titusville, Florida. This hidden gem on Florida's Space Coast is more than just a gateway to the stars; it's a sanctuary where you can reconnect with nature and discover your inner calm.

The Unspoiled Beauty of Playalinda Beach

At the heart of Titusville's peaceful allure is Playalinda Beach. Unlike many commercialized beaches, Playalinda remains a testament to nature's untouched beauty. With miles of pristine sands and the rhythmic sound of crashing waves, it's a perfect backdrop for introspection and relaxation. Here, surrounded by the natural world as it was meant to be, you can find a profound sense of peace.

Wildlife Refuges: A Journey Through Nature

Titusville is also home to breathtaking wildlife refuges, offering miles of unspoiled nature waiting to be explored. Places like Gator Creek, Biolab Road, and Blackpoint Wildlife Drive invite you on a journey through lush landscapes, where the only companions are the sounds of nature and the occasional wildlife sighting. These refuges are not just about observing nature; they're about becoming a part of it.

The Serenity of the Indian River

The Indian River provides another tranquil retreat. Sitting by the river's edge, watching the sun dance across the water, is an experience of pure bliss. It's here, in these moments of quiet reflection, that the hustle and bustle of everyday life seem to melt away. This simple pleasure is a reminder of the joy found in life's quieter moments.

Titusville: A Haven for Peace-Seekers

Titusville's charm lies not only in its natural beauty but in its ability to offer a reprieve from the chaos of modern living. Whether it's the solitude of a beach, the adventure of a wildlife refuge, or the tranquility of a river, Titusville provides countless opportunities to find peace.

Embracing the Slow Life

In Titusville, the pace of life slows down, allowing you to savor each moment. The town itself, with its friendly locals and laid-back atmosphere, embodies the spirit of relaxation. Here, the emphasis is on living well rather than living fast. It's a place where you can unwind, recharge, and find joy in the simple things.

Final Thoughts

If you're on a quest for inner peace, Titusville, Florida, offers a unique blend of natural beauty, serene landscapes, and a peaceful way of life that's hard to find elsewhere. It's a reminder that sometimes, the best way to find peace is to immerse yourself in the natural world and let its tranquility seep into your soul.

Titusville isn't just a destination; it's a journey to finding peace within yourself and rediscovering the beauty of the world around you. So, when the noise of life becomes too loud, remember: Titusville awaits, ready to offer you the sanctuary of peace you've been searching for.

This blog is based on my new video below! If you'd like to check it out then please be my guest! Come to me with any questions you may have, thank you.

The Art of the Offer: Finding the Sweet Spot in House Pricing

edna@ednawilson.com (Edna Wilson) — Mon, 05 Feb 2024 18:21:59 GMT

Bid Right or Pay the Price!

In the world of real estate, making an offer on a house is as much an art as it is a science. It's a delicate balance between valuing a property correctly and making an offer that's both attractive to the seller and sensible for the buyer. Let's dive into why offering the right price for a house matters more than ever.

Understanding the Seller's Perspective

Imagine a house listed for $500,000. It's common to think, "Maybe I could offer $400,000. Surely, they’d consider it, right?" This mindset, however, is where many potential deals fall apart. Offering significantly less than the asking price not only diminishes your chances of securing the home but can also prevent any form of negotiation. Sellers, having put time, effort, and emotion into their home, might feel insulted by a lowball offer and choose not to respond at all.

The Emotional Value of a Home

It's essential to recognize that selling a home is not just a financial transaction for many sellers. It involves letting go of a space filled with memories and emotions. A low offer can feel like a disregard for the value and care the sellers have invested in their home. This emotional aspect is why offers far below the asking price are often met with silence or a flat-out rejection.

Making a Competitive Offer

In today's market, winning a home means making a competitive offer. If a house is priced correctly and in line with comparative market analyses (CMAs), then your offer should reflect that. Offering substantially less than the asking price in hopes of a bargain can backfire, especially in markets with high demand and low inventory. To truly stand out and be taken seriously, your offer needs to be well thought out and reasonably close to what the seller is asking.

The Importance of Research

Before making an offer, thorough research is crucial. Understand the local market, recent sale prices of comparable homes, and the current demand. This information will arm you with the knowledge to make an informed offer that respects the value of the home and is competitive enough to be considered seriously by the sellers.

Negotiation is Key

Remember, the goal is not to 'win' by paying the lowest possible price, but to reach an agreement that feels fair to both parties. Negotiation is a two-way street, and a respectful, well-informed offer is more likely to open the door to fruitful discussions. It's about finding that sweet spot where both the buyer's and seller's expectations meet.

Final Thoughts

Securing your dream home requires more than just the desire to purchase; it demands a strategic approach to offering. To hold the trophy of a new house in your hands, bidding right is non-negotiable. The right offer respects the seller's efforts, reflects market realities, and aligns with your financial boundaries. In the end, a well-considered offer is your best bet in transforming a house on the market into a place you can call home.

Click below to view my video that this blog is based on!

Housing Market - Asking for Extra Could Hurt!

edna@ednawilson.com (Edna Wilson) — Tue, 30 Jan 2024 20:52:58 GMT

The Price is Right: Navigating the Pitfalls of Overpricing in Today's Housing Market

Hello, Homeowners and Future Sellers!

A question I frequently encounter in the realm of real estate is: "Can't we price the house just a little bit higher than what the comps suggest?" While the temptation to add a bit extra to your asking price is understandable, it's crucial to consider the savvy nature of today’s buyers. They are well-informed and cautious about overpaying for a home.

Understanding Buyer Psychology

In the current market, unlike the frenzied environment of 2021, buyers are more discerning and less willing to engage in bidding wars or pay inflated prices. We can no longer add an arbitrary $20,000 to our asking price, hoping the market’s momentum will justify it. Today's buyers have access to a wealth of information and are likely to know when a house is overpriced.

The Importance of Accurate Pricing

The key to selling your home effectively and promptly lies in accurate pricing. Overpricing can lead to a longer stay on the market, eventually necessitating price reductions, which can give buyers the impression that something is amiss with the property. A home priced correctly from the start is more likely to attract serious inquiries and offers.

The Impact of Overpricing

Overpricing can have several unintended consequences:

Reduced Buyer Interest : An overpriced home may deter potential buyers from even viewing the property.

Prolonged Market Time : Homes priced above market value tend to stay unsold for longer periods,

leading to a stale listing.

Lower Final Sale Price : Ironically, overpricing often results in a lower final sale price compared to homes priced correctly from the outset.

The Role of Comparative Market Analysis (CMA)

A well-conducted Comparative Market Analysis (CMA) is invaluable. It considers recently sold properties, current listings, and market trends to arrive at a competitive and fair market value for your home. This is not just about finding a price that buyers will pay; it’s about understanding the true value of your property in the current market.

Final Thoughts

In conclusion, while it’s tempting to aim high, the smarter approach in today's more balanced market is to price your home accurately. This strategy not only respects the intelligence of the buyer but also positions your property for a quicker and potentially more profitable sale.

Remember, the right price is a powerful tool in selling your home. It’s not just about the listing price; it's about making a strategic decision that aligns with market realities and buyer expectations.

Click Below to watch this blog's video!

Does the Cleanliness of My Home Matter?

edna@ednawilson.com (Edna Wilson) — Mon, 22 Jan 2024 17:56:24 GMT

The Sparkling Secret to Selling Your Home: Why Cleanliness Counts

Hello, Home Sellers!

Today, let’s talk about a crucial, yet often overlooked aspect of home selling – cleanliness. Is it really important to clean your house before listing it? The answer is a resounding yes, and here’s why:

The First Impression Matters

When it comes to selling your home, first impressions are everything. I always tell my clients, "You need to clean the windows, floors, everything!" While dirt might not be too visible in photos, it will definitely be noticed during showings.

Let There Be Light: The Magic of Clean Windows

Specifically, let’s talk about windows. Cleaning your windows is essential because it allows natural sunlight to flood in. Crystal clear windows not only brighten up your space but also symbolize the clear possibility of your house being sold. It’s not just about visibility; it’s about the feeling of freshness and openness that a well-lit room provides.

Declutter for a Picture-Perfect Home

Decluttering is another key step, especially before taking photos for your listing. Clutter can make even the most beautiful spaces look cramped and uninviting. By clearing out unnecessary items, you allow potential buyers to imagine themselves and their belongings in the space, which is a powerful selling point.

Deep Clean: Beyond the Surface

Go beyond the regular cleaning routine. Consider a deep clean that includes steam cleaning carpets, polishing hardwood floors, and giving your kitchen and bathrooms an extra scrub. These efforts can make your home feel almost new, significantly enhancing its appeal.

Don’t Forget the Outdoors

The exterior of your home is just as important. Ensure the lawn is mowed, the garden is tidy, and any outdoor living spaces are clean and welcoming. First impressions start the moment a potential buyer sees your home from the outside.

The Psychological Impact

A clean home not only looks good but also feels good. It sends a message that the home has been well cared for, which can be a huge psychological boost for buyers. It makes them feel confident about their potential investment.

Closing Thoughts

In conclusion, never underestimate the power of a clean and decluttered home when it comes to selling. These efforts, though seemingly small, can make a significant difference in how quickly your home sells and even in the price you fetch for it. Remember, in the world of real estate, cleanliness isn't just next to godliness; it's next to a successful sale!

Check out my new video based on this blog below!

Market Update - January 2024!

edna@ednawilson.com (Edna Wilson) — Mon, 15 Jan 2024 21:20:01 GMT

The 2024 Housing Market Revival: Navigating Rising Interest Rates and Buyer Competition!

Hello, Home Buyers and Sellers!

As we step into 2024, the housing market is presenting a unique set of challenges and opportunities, especially in the aftermath of the turbulent fall of 2023. Let’s dive into the current state of the market and what we can expect in the coming months.

The Fall of 2023: A Season of High Interest Rates

Last fall, we witnessed interest rates soaring to a little over 8%. This significant hike resulted in a noticeable slowdown in the market. Buyers became more cautious, and as a real estate professional, I observed a substantial decrease in showings. It was a period marked by uncertainty and hesitation among potential homebuyers.

A Silver Lining: Dropping Interest Rates

However, there’s always light at the end of the tunnel. Recently, we've seen interest rates start to drop, currently hovering around 6% for FHA and VA loans. This decrease, though modest, is a significant improvement from the 8% rates we saw just a few months ago.

A Surge in Buyer Activity

This reduction in interest rates has acted like a springboard for the market. Buyers who were hesitant last fall are now actively looking to purchase homes. The result? A dramatic increase in showing requests, indicating a revived interest and readiness among potential buyers.

The Ripple Effect: Rising House Prices

As more buyers jump back into the market, we're beginning to see the familiar signs of increased competition. This resurgence in buyer activity is likely to drive up house prices, rekindling the competitive environment we've seen in past years.

Summer Predictions: Interest Rates and Market Activity

Looking ahead to the summer, I predict that interest rates might dip further to around 5%. If this holds true, it could lead to an even more dynamic market. For those of you contemplating buying or selling, my advice is to start preparing now. The market is heating up, and it’s crucial to be well-positioned before it gets too competitive.

Final Thoughts

In summary, the 2024 housing market is shaping up to be a year of renewed activity and vigorous competition. The drop in interest rates has reignited buyer interest, and if trends continue, we may see a busy and competitive summer ahead. For those considering entering the market, now is the time to strategize and act. Whether you're looking to sell your home or step into homeownership, staying ahead of these shifts in the market is key to making the most of your investment.

Remember, the real estate market is ever-changing, and staying informed is crucial. Keep an eye on interest rate trends, and don't hesitate to reach out to a real estate professional for personalized advice and insights.

Here's to a promising and prosperous year in real estate!

Happy House Hunting and Selling!

Click below to watch my video based on the blog!

Cozy Charm: How a Fireplace Can Elevate Your Florida Home's Appeal

edna@ednawilson.com (Edna Wilson) — Thu, 04 Jan 2024 18:39:53 GMT

Fireplace Elegance: Enhancing Your Florida Home with a Touch of Cozy Luxury

Hello, Home Enthusiasts!

As someone who recently moved homes in Florida, I've had a unique experience with one particular feature in houses that often sparks a lot of debate – fireplaces. Do they really affect the value of your home in a state known for its sunny and warm climate? Let’s dive into this hot topic and explore the pros and cons.

The Surprising Affordability of Fireplace Mantels

One of the first things that surprised me in my journey was the cost of fireplace mantels. Contrary to what many might think, they are quite affordable. I was able to purchase a beautiful new mantel for less than $400. It was a simple three-piece set up, and voilà – a stunning transformation!

Transforming Your Living Room with a Mantel Makeover

The living room gets a complete facelift when a new mantel is introduced. A fireplace often becomes the focal point – what I like to call 'the money shot'. It's that awe-inspiring feature that catches your eye the moment you enter the room. And you don’t have to break the bank; sometimes, it’s as simple as giving the mantel a fresh coat of paint or revamping the surrounding stone or brick. The process of getting a new mantel is surprisingly straightforward and can significantly enhance the room’s aesthetics.

Easy and Cozy Fireplace Decor

Even in Florida, where the fireplace might not be used frequently for warmth, it still adds a cozy element to the room. You don’t need a roaring fire to create this effect – a few candles or some decorative fake wood can make any fireplace look inviting and homey.

The Focal Point: Making Your Fireplace Stand Out

In any living space, especially in Florida homes where fireplaces aren't common, having a well-decorated fireplace can be a major draw. It should be the prettiest and most attention-grabbing element in the room. The good news is that making your fireplace stand out is super easy and doesn’t require extensive remodeling.

Pros and Cons

Pros:

Adds an aesthetic focal point to the room.
Can increase the home's appeal to potential buyers.
Affordable upgrades can significantly enhance its look.

Cons:

Not always functional in Florida’s climate.
Requires some maintenance, even if not used frequently.

Final Thoughts

While fireplaces in Florida might not add substantial monetary value due to the warm climate, they certainly add an aesthetic value that can’t be overlooked. A beautifully designed fireplace and mantel can turn an ordinary room into a picturesque space, potentially making your home more attractive to buyers who are looking for that unique feature.

So, if you’re contemplating adding or upgrading a fireplace in your Florida home, remember: it's an investment not just in your home’s value, but also in its charm and character!

Happy Decorating!

Click Below to Watch this Blog's Video!

Is Christmas REALLY a Good Time to Sell your Home?

edna@ednawilson.com (Edna Wilson) — Mon, 18 Dec 2023 18:31:44 GMT

Santa Sells!

Hello, Homeowners and Future Buyers!

Today, let’s unwrap a topic that might seem a bit unconventional at first: Is Christmas really a good time to sell your house? The holiday season, with its festive cheer and busy schedules, might not immediately come to mind as the ideal time for real estate transactions. But, let me share some reasons why selling your house during Christmas could be one of the smartest decisions you make.

The Magic of Christmas in Home Selling

The holiday season is inherently emotional and nostalgic, and this can play a significant role in home buying decisions. When potential buyers walk into a home that's adorned with festive decorations, they're instantly greeted with a warm, welcoming atmosphere. It's easy to imagine building a life in a home that already exudes such a strong sense of family and joy. In fact, many of my clients have remarked, "The Christmas tree is going right there!" – everyone is looking for that Hallmark movie feeling, and what better time than Christmas to showcase it?

Less Competition, More Attention

An often-overlooked advantage of selling during Christmas is the reduced competition. Many sellers avoid this time of the year, not wanting the hassle of showings and open houses during the holidays. However, this means less inventory on the market, giving your property a better chance to stand out. Although there might be fewer buyers, those who are house hunting during this period are often very serious about making a purchase.

Timing is Everything: The Convenience of Christmas Break

Let’s not forget the practical aspects. Christmas break is a period when many people have time off from work and school. This makes it a convenient time for moving. Buyers looking to settle into a new home find this timing perfect, as it allows for a smoother transition without the stress of juggling work or school commitments.

Wrapping It Up

In conclusion, while selling your home over the Christmas season might seem counterintuitive, it can actually be a strategic move. The emotional appeal of a festively decorated home, coupled with less market competition and convenient timing for buyers, can create the perfect environment for a successful sale. So, if you’re considering putting your house on the market, don’t overlook the potential of the holiday season!

Happy Holidays and Happy Home Selling!

Are the Tiles you Choose for your House Actually Important?

edna@ednawilson.com (Edna Wilson) — Mon, 11 Dec 2023 17:56:29 GMT

The Timeless Charm of Tiles: How to Enhance Your Home’s Value

Hello, Home Enthusiasts!

In my recent video, we explored a question that often pops up when we’re browsing through home decor magazines or scrolling through Pinterest: how do our choices in kitchen and bathroom tiles impact our home's value? After all, we all yearn for that classic touch in our homes, but nobody wants to pick a style that might fall out of fashion and diminish the value of their precious abode.

The 15-Year Rule: A Surprise for Many Homeowners

One of the most eye-opening revelations from industry experts is the '15-Year Rule'. Yes, you heard that right – every 15 years, it’s recommended to update your kitchen or bathroom. This advice isn't just about keeping up with trends; it's a practical guideline to ensure your home stays current and maintains its market appeal.

Embracing the Inevitable: Love Your Home's Style

Here’s the thing – no matter how timeless you think your design choices are, they will inevitably become dated. That’s the cycle of home fashion! So, what should you do? My advice: dive into your personal style. Choose tiles that speak to you. Be fun, be unique! Remember, these elements will likely be updated down the line, so why not enjoy your personal taste to the fullest in the meantime?

Kitchens and Baths: The Real Game Changers in Home Sales

A crucial point to remember is that kitchens and bathrooms are often the key selling points of a home. When these areas are updated and appealing, they significantly boost the home’s marketability. This doesn’t mean you need to remodel every few years, but a well-maintained and stylish kitchen or bathroom can be a deciding factor for potential buyers.

Final Thoughts

In conclusion, while it’s important to consider how your choices might affect your home's value, it's equally important to create a space that you love and enjoy. Your home is your sanctuary, and its design should reflect your personality and style. So, next time you’re choosing tiles for your kitchen or bathroom, remember: it’s not just about following trends, it's about making choices that make your home truly yours.

Happy Decorating!

Importance of

House Tile Style

Is it actually important?
Click here to check out my new video!

Battling the Florida Heat: Addressing Drywall Tape Issues

edna@ednawilson.com (Edna Wilson) — Mon, 04 Dec 2023 18:40:55 GMT

Florida is Hot and that's no Lie, read below if your house is feeling the heat!

Living in Florida comes with its unique set of challenges, especially for homeowners. The relentless Florida heat doesn’t just affect us; it impacts every part of our homes, from the windows to the doors, and most significantly, the drywall. In my recent video, I dive into how the intense Florida climate can specifically affect your drywall and tape joints, and what you can do about it.

Understanding Drywall Tape and Its Importance

Drywall tape is an essential component in home construction, playing a vital role in creating a smooth, seamless surface on walls and ceilings. It’s typically applied over joints between sheets of drywall to prevent cracks and ensure a uniform, continuous surface. Proper application of drywall tape involves laying it along the seam and then covering it with joint compound, which is then sanded down once dry. This process is crucial for both aesthetic appeal and structural integrity.

How the Florida Heat Affects Drywall Tape

In Florida's humid and hot environment, one of the most common issues I've observed is drywall tape peeling or "rolling down." Areas like garages and patios, which are more exposed to moisture, are particularly vulnerable. However, this issue isn’t confined to these areas alone; I've witnessed it inside homes as well. The combination of high temperatures and humidity can compromise the adhesive properties of the tape, leading to peeling or bubbling.

Simple Solutions to a Common Problem

Encountering peeling drywall tape can be distressing, but it's often not indicative of a severe problem. More than a sign of bad structural design, it's a testament to the demanding Florida climate. The good news is that it's relatively easy to fix. The process involves having a professional drywall company come in to re-tape the affected areas, followed by retexturing and repainting. This simple repair can restore the walls to their original condition.

Conclusion

Living in Florida means learning to adapt to its climate, not just for ourselves but for our homes too. Drywall tape peeling is a common issue here, but understanding its causes and knowing that it’s a straightforward fix can provide peace of mind. It’s a reminder that sometimes, home maintenance in Florida is about adapting to the environment and addressing issues as they arise with the right knowledge and resources.

Click here for Video!

Home Improvements and Trivial Issues 🏠

edna@ednawilson.com (Edna Wilson) — Mon, 27 Nov 2023 18:37:18 GMT

Clearing the Fog: A Guide to Addressing Common Home Issues

When it comes to the comfort and aesthetics of our homes, windows play a crucial role. However, in my recent video, I tackle a common issue that can cloud the clarity of your view—foggy windows. Let's explore the reasons behind this pesky problem and delve into effective solutions to ensure your windows stay crystal clear.

1. Understanding the Fog: The Double Pane Dilemma

The frustration of endlessly cleaning foggy windows often stems from a lesser-known culprit—the double pane window. Double pane windows feature two layers of glass with a seal covering the edges. When this seal breaks, air infiltrates the space between the panes, leading to fogging that no amount of cleaning can remedy.

Expanding on the Double Pane Dilemma:

- How It Happens: The video emphasizes the role of a compromised seal in allowing moisture-laden air to penetrate the window space. This moisture condenses between the glass layers, creating the persistent foggy appearance.

- Isolating the Issue: One of the advantages is that the problem is often isolated to a single window. Homeowners can find relief in knowing that a foggy window doesn't necessitate replacing all windows in the house, only the affected one.

2. The Solution: Precision in Glass Replacement

While the news of a broken seal causing foggy windows may sound disheartening, I assure you that the solution is within reach. The only effective remedy for this issue is to replace the glass affected by the compromised seal. The silver lining? It doesn't demand a wholesale replacement of all windows; targeted intervention is all that's required.

Expanding on Glass Replacement:

- Cost-Effective Approach: My video explores the cost-effectiveness of replacing a single pane of glass compared to the potential expense of replacing an entire window. This insight empowers homeowners to address the issue with precision and financial prudence.

- Professional Assistance: Recognizing the intricacies involved in glass replacement, I do want to emphasize the value of seeking professional assistance. Skilled technicians can assess the extent of the issue and execute the replacement with precision.

3. Preventive Measures: Preserving Window Clarity

From routine maintenance to proactive strategies, viewers gain insights into how to safeguard their windows from fogging issues in the first place.

Expanding on Preventive Measures:

- Regular Inspection: Routine checks for signs of seal degradation can be a proactive measure. Identifying and addressing potential issues early can prevent extensive fogging concerns down the line.

- Humidity Control: My video touches on the role of indoor humidity in exacerbating window fogging. Managing indoor humidity levels through proper ventilation and climate control emerges as a crucial preventive strategy.

Watch the Full Video by Clicking Here!

Open Permits 101: What Every Florida Homebuyer Should Know

edna@ednawilson.com (Edna Wilson) — Wed, 22 Nov 2023 17:54:06 GMT

Dealing with open permits in the real estate market can be a bit of a concern for both buyers and sellers, but don't worry, we're here to help you navigate through it! When a property has open permits, it simply means there are some unfinished construction or renovation projects hanging around. Let's take a look at how these open permits might affect your property sale, but remember, there's a solution for each of these challenges:

Legal Compliance:

Open permits are often linked to not meeting local building codes and regulations, which could lead to some legal hiccups if left unattended.

Property Value:

Properties with open permits may seem like a headache to buyers, and this might affect the property's market value. But don't fret; there are ways to address this.

Financing Challenges:

Getting financing for a property with open permits can be a bit tricky, but we've got some strategies to help you out.

Time and Cost:

Sellers may need to invest some time and money in resolving open permits before closing a sale, including hiring contractors, inspections, and possibly paying some fines. It's not as daunting as it sounds!

Disclosure Requirements:

In Florida, it's essential to be transparent about any known defects or issues with a property, including open permits. We'll guide you on how to handle this to avoid any legal trouble.

Here's a step-by-step plan to address open permits:

Identify and List: First, let's identify all the open permits associated with your property.
Contact the Local Building Department: It's easy to reach out to the local building department to understand what needs to be done to close these permits properly.
Licensed Contractors: Working with licensed contractors to complete any required work and get those inspections done is sometimes the best route.
Fees and Fines: If there are any outstanding fees or fines related to the permits, please make sure to take care of them.

Final Sign-off:

Make sure to handle all the paperwork and procedures to obtain the final sign-off from the building department and officially close those permits.

If you have any questions or need assistance with open permits in Florida real estate, please don't hesitate to get in touch with Edna Wilson. She's a knowledgeable professional who can provide expert guidance and support throughout the process. You can contact Edna here or give her a call at (321) 536-7185 . She's here to make this process as smooth and friendly as possible! ��

Resell Value and Buying a House

edna@ednawilson.com (Edna Wilson) — Mon, 20 Nov 2023 19:41:13 GMT

Unlocking the Significance of Resale Value in Homeownership

When it comes to making one of the most significant financial decisions of your life—buying a house—the concept of resale value takes center stage. In our latest video, we explore the critical role that resale value plays in the home-buying process. Let's delve into the nuances and insights discussed in this eye-opening exploration.

1. Resale Value as a Long-Term Investment

Understanding the resale value of a house goes beyond the immediate purchase—it's a strategic consideration for your long-term investment. In the video, we discuss how the decisions you make during the purchase can impact the property's value over time. This includes factors like location, property condition, and market trends.

Expanding on Long-Term Investment:

- Location Matters: The significance of location in determining resale value cannot be overstated. Proximity to amenities, school districts, and neighborhood development can influence the property's appeal to future buyers.

- Property Condition: Maintaining and enhancing the condition of your property is an investment in its resale value. Regular maintenance, renovations, and improvements contribute to a higher perceived value in the market

2. Anticipating Market Trends and Demand

Our video delves into the importance of anticipating market trends and understanding the demand for certain features in a home. This knowledge empowers homebuyers to make informed decisions that align with the preferences of potential future buyers, ultimately influencing resale value.

Expanding on Market Trends and Demand:

- Adaptable Features: Features that stand the test of time contribute positively to resale value. In the video, we discuss how adaptable features and timeless design choices can make a property appealing to a broad range of buyers.

- Emerging Trends: Staying informed about emerging trends in the real estate market allows homeowners to proactively address potential shifts in buyer preferences. This adaptability can positively impact resale value

3. Balancing Personal Preferences and Resale Considerations

While personal preferences are integral to making a house a home, our video emphasizes the importance of striking a balance between personalization and resale considerations. It explores how certain choices, such as unique decor or extensive renovations, may influence resale potential.

Expanding on Personal Preferences:

- Personal Touches: The video delves into how personal touches can add character to a home. It emphasizes the importance of balancing these touches with broader market expectations to maximize resale value.

- Renovations with ROI: Certain renovations offer a high return on investment (ROI). The video provides insights into prioritizing renovations that not only enhance your living experience but also contribute positively to resale value.

Click here for YouTube Short!

Why you need commitment to buy a house

edna@ednawilson.com (Edna Wilson) — Mon, 13 Nov 2023 19:43:59 GMT

Buying a House: Unveiling the True Commitment

Commitment—a simple word that carries profound weight. In our latest YouTube short, we delve into the undeniable connection between buying a house and the commitment it entails. Let's explore this journey further and uncover the layers of dedication that come with homeownership.

1. The Weight of Commitment

Commitment is a concept that can be challenging for many. It involves a steadfast dedication to a cause or a course of action. When it comes to buying a house, the weight of this commitment is tangible. It's not just a transaction; it's a pledge to a property, a future, and a lifestyle.

Expanding on Commitment:

- Emotional Investment: Buying a house involves more than financial transactions; it's an emotional investment in a space that will become a home. The commitment extends beyond the physical structure, encompassing the memories, experiences, and emotions tied to the property.

- Financial Responsibility: Committing to homeownership means taking on financial responsibilities. Making mortgage payments, budgeting for maintenance, and handling unexpected repairs are integral parts of the commitment. It's a journey that requires financial discipline and planning.

2. The Everyday Commitment

Owning a home means embracing a series of everyday commitments. From mowing the lawn to fixing leaky faucets, each task is a testament to the commitment you've made. These routine responsibilities contribute to the overall well-being and maintenance of your property.

Expanding on Everyday Commitment:

- Home Maintenance: Regular maintenance is a commitment to preserving the value and functionality of your home. It involves tasks like cleaning gutters, inspecting the roof, and ensuring the HVAC system runs efficiently. A proactive approach to maintenance reflects a commitment to the long-term health of your property.

- Cultivating a Living Space: Commitment extends to the aesthetics and ambiance of your living space. From interior decoration choices to landscaping decisions, creating a home that aligns with your vision requires ongoing dedication. It's a commitment to curating an environment that reflects your personality and values.

3. Financial Commitment

Making mortgage payments is a significant financial commitment that comes with homeownership. It's a pledge to fulfill your financial obligations to secure and maintain your property. Understanding and managing this commitment is key to a successful and sustainable homeownership journey.

Expanding on Financial Commitment:

- Long-Term Financial Planning: Homeownership involves a long-term financial commitment. It necessitates strategic financial planning, including budgeting for mortgage payments, property taxes, and homeowners insurance. Planning for the long term ensures that you can meet your financial commitments without compromising your overall financial well-being.

- Building Equity: The financial commitment to homeownership goes beyond monthly payments. It includes building equity over time, which can serve as a valuable asset. Understanding the financial benefits of homeownership adds depth to the commitment, as it contributes to your overall financial portfolio.

In conclusion, buying a house is more than a transaction; it's a profound commitment. It involves emotional investment, everyday responsibilities, and financial pledges. Embracing and understanding the layers of commitment that come with homeownership ensures a fulfilling and successful journey on the path to creating a home. Watch our YouTube short to dive deeper into the nuances of commitment in the realm of real estate.

Watch the YouTube Short here!

Long Term Intent in Buying a House

edna@ednawilson.com (Edna Wilson) — Mon, 06 Nov 2023 18:06:36 GMT

Do you Have what it Takes to Buy a House?

When it comes to real estate, it's not just about buying and selling properties—it's about envisioning your future and making a long-term commitment. In our latest video, we explore the concept of "Long-Term Intent" in real estate. Let's delve into this important topic and highlight a few key points.

1. Real Estate as a Long-Term Investment

Buying a property with long-term intent means viewing it as an investment in your future. It's not merely a transaction; it's a strategic decision to secure a place you can call home for years to come. Long-term intent aligns your real estate choices with your broader life goals.

2. Building Equity Over Time

One of the significant advantages of a long-term real estate approach is the accumulation of equity. As you make mortgage payments and your property appreciates, you're gradually building wealth. This equity can be leveraged for future opportunities, such as home improvements or even a second property.

3. Stability and Community

Long-term intent often involves putting down roots in a community. It means more than just having a place to live; it's about becoming a part of a neighborhood, contributing to its growth, and reaping the benefits of a stable and supportive environment.

4. Realizing Your Vision

Having long-term intent allows you to turn your property into a reflection of your dreams. You can make changes, renovations, and improvements over time to create the perfect living space. Whether it's designing your ideal home or expanding your real estate portfolio, long-term intent provides the canvas for your vision.

5. Preparing for the Future

When you commit to long-term intent in real estate, you're also preparing for the future. This includes planning for retirement, ensuring housing stability, and building a legacy that can benefit your family and loved ones.

Watch the YouTube Short on YouTube: https://www.youtube.com/shorts/BY4mnUc0cUk

Emergency Funds, do you need them?

edna@ednawilson.com (Edna Wilson) — Mon, 06 Nov 2023 17:59:24 GMT

Let's talk: Emergency Funds.

Life is unpredictable, and unexpected expenses can arise when you least expect them. That's where an emergency fund comes into play. In this blog, we'll explore the importance of having an emergency fund, what it is, and how it can provide you with financial security in times of need.

What Is an Emergency Fund?

An emergency fund is a savings account specifically set aside for unexpected financial emergencies. These can include medical bills, car repairs, home maintenance, sudden job loss, or any other unanticipated expenses that life throws your way. The primary purpose of an emergency fund is to provide you with a financial cushion, so you don't have to rely on credit cards, loans, or other forms of debt when facing unexpected financial challenges.

The Importance of Emergency Funds

Financial Security: Having an emergency fund provides peace of mind, knowing that you have a safety net in place to handle unforeseen expenses. This can reduce stress and anxiety during difficult times.

Avoiding Debt: When unexpected expenses occur, relying on credit cards or loans can lead to high-interest debt that may take years to repay. An emergency fund helps you avoid falling into this financial trap.

Maintaining Financial Goals: Without an emergency fund, you may need to divert funds from your long-term financial goals, such as retirement savings or education funds, to cover immediate expenses. An emergency fund ensures that your goals remain on track.

Building an Emergency Fund

Start Small: If you're new to saving, begin with a small, manageable goal, like $500 or $1,000. Over time, work toward building your fund to cover three to six months' worth of living expenses.

Consistent Contributions: Allocate a portion of your monthly income to your emergency fund. Set up automatic transfers to ensure regular contributions, no matter how small.

Separate Account: Open a separate savings account specifically for your emergency fund. This separation helps prevent the temptation of dipping into these funds for non-emergencies.

When Do You Need an Emergency Fund?

The need for an emergency fund can arise at any time. Life's unexpected challenges, such as medical emergencies, car breakdowns, or sudden job loss, can strain your finances. Having an emergency fund ensures you can cover these expenses without causing financial turmoil.

In conclusion, an emergency fund is your financial safety net—a crucial component of a sound financial plan. It provides security, peace of mind, and a sense of control over your financial future. Whether you're just starting to save or looking to expand your fund, the key is to start and stay consistent. Your emergency fund is your shield against life's financial storms, ensuring that you're always prepared for whatever comes your way.

Do You Have What it Takes to Buy a House?

edna@ednawilson.com (Edna Wilson) — Mon, 23 Oct 2023 17:57:52 GMT

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The dream of homeownership is one that many cherish, but it's essential to ask, "Do you have what it takes to buy a house?" In this blog, we'll delve into the critical factors that can shape your path to becoming a homeowner, while also offering a sneak peek at our YouTube video where we explore this topic in depth.

1. Down Payments Are Important

One of the first steps in your homeownership journey is understanding the significance of down payments. Saving for a down payment is crucial, as it impacts your mortgage terms and monthly payments. The larger your down payment, the more favorable your loan terms are likely to be.

2. Debt-to-Income Ratio

Your debt-to-income ratio is a vital financial metric that lenders evaluate when you apply for a mortgage. It's important to manage your debts, as a lower ratio improves your chances of securing a home loan with favorable terms.

3. Having a Good Credit Score

Your credit score plays a significant role in your ability to buy a house. A strong credit score can lead to better interest rates and more mortgage options. Managing and improving your credit is an essential part of the home-buying process.

4. Understanding Closing Costs

Closing costs are expenses associated with finalizing your home purchase. It's essential to have a clear understanding of these costs, which can include appraisal fees, title insurance, and legal fees. Budgeting for these expenses is a must.

5. Building an Emergency Fund

Homeownership comes with unexpected expenses. Having an emergency fund ensures you're financially prepared for the unexpected, from a leaky roof to a malfunctioning HVAC system. It's an essential safety net for homeowners.

6. Job Security

Stable employment and job security are critical when considering homeownership. Lenders often look for a consistent employment history when evaluating your mortgage application. Ensuring your job stability can boost your chances of loan approval.

7. Long-Term Intent to Live Somewhere

Buying a home is a long-term commitment. You should have a clear intent to live in the area for an extended period. It's essential to assess your future plans, as buying a house is an investment in your long-term lifestyle.

To Watch the Full Discussion on YouTube, Click Here

A Day in the Life of a Realtor 🏠

edna@ednawilson.com (Edna Wilson) — Mon, 16 Oct 2023 17:02:15 GMT

Unveiling the Daily Hustle

Ever wondered what a typical day in the life of a real estate agent looks like? In this blog, we're pulling back the curtain to give you an inside look at the daily hustle, routines, and adventures that make up a realtor's world.

The Morning Kickstart

Many people often inquire about a real estate agent's daily routine, and I'm here to shed some light on it. My day usually begins early, with me in the office between 7 am and 8 am. One of the first things on my agenda is to check the "hot sheet" to discover what exciting new listings have hit the market. It's a thrilling way to start the day, filled with the promise of new opportunities.

Before diving into the day's tasks, I take a moment for affirmations and mindset preparation. Real estate is a dynamic and competitive field, so getting into the right headspace is essential to meet the challenges and opportunities that lie ahead.

Navigating Contracts and Client Connections

With my mindset in gear, I move on to reviewing contracts and paperwork to ensure everything is in compliance. The meticulous attention to detail is a cornerstone of success in real estate. Afterward, I dedicate time to reaching out to customers, especially if I have an exciting new listing preparing to hit the market. Clear and prompt communication is the key to fostering trust and building lasting client relationships.

Balancing Appointments and Showings

Throughout the day, my schedule is typically packed with various tasks, from showing houses to taking listing appointments. It's a dynamic, ever-changing role that keeps me on my toes. By the time the clock strikes 5 pm, I've often been on the move, ensuring clients find the perfect place to call home. But the day isn't over just yet.

Community and Beyond

As a real estate agent, I'm not just about buying and selling properties. I also believe in giving back to the community and nurturing meaningful connections. This sometimes means hosting community events to gather more business and, at other times, simply to bless the community I'm a part of. Beyond that, I often collaborate with individuals who work off-hours to accommodate their unique needs.

The Workweek Reality

It's essential to understand that being a real estate agent often means working long hours. In this field, the workweek spans from Monday through Saturday. However, here's a little secret: when you choose to work with me, we like to take Sundays off. Everyone deserves a day of rest and relaxation.

In conclusion, a day in the life of a realtor is an exhilarating journey filled with variety, opportunities, and a genuine commitment to serving both clients and the community. It's more than just buying and selling homes; it's about making dreams come true and leaving a positive mark on the world of real estate.

Looking For a House is Like Dating (..right?)

edna@ednawilson.com (Edna Wilson) — Mon, 09 Oct 2023 17:12:40 GMT

Date the House, Marry the Home

House hunting and dating might not seem like they have much in common at first glance, but when you dive into the world of real estate, you'll quickly realize that the two share more similarities than you might think. In this blog, we'll explore how searching for a house is akin to dating, with its ups, downs, and the quest for that elusive "forever relationship."

Seeking the Forever Relationship

In both house hunting and dating, the ultimate goal is to find that forever relationship. Just as you seek a life partner with whom you can build a future, you're also looking for a house that can be your long-term home—a place to create lasting memories and find comfort for years to come. It's about envisioning your life in that space and feeling a deep connection.

Investing Time and Resources

Much like a dinner date where you invest time and money, house hunting involves financial investments, too. You spend on inspections, appraisals, and potentially more to explore the potential of a property. Yet, just as in dating, sometimes, despite the investment, you realize that "this isn't the one." It's an essential part of the process, and it's okay to move on.

The Art of Moving On

In dating, when a connection fizzles, you put that experience behind you and move on to the next potential match. Similarly, in house hunting, if a property doesn't meet your expectations or doesn't feel right, you set it aside and continue your search. It's about understanding that not every encounter, be it with a person or a house, is meant to be.

A Spiritual Journey

Perhaps the most intriguing similarity between house hunting and dating is the spiritual aspect. Just as in dating, where you may feel a deep, unexplainable connection with someone, a house can call out to you. You walk through the door, and something clicks—it feels like home even before you've moved in. That's when you know you've found "the one." It's a profound and almost spiritual experience that makes the house hunt all the more rewarding.

In conclusion, house hunting isn't just about bricks and mortar; it's a journey filled with emotions and connections, much like dating. It's about seeking that forever relationship, investing time and resources, gracefully moving on when it doesn't work out, and allowing the process to be a spiritual one. So, as you continue your quest for the perfect home, remember that finding "the one" in real estate can be as exciting and fulfilling as finding your soulmate.

Before You Choose a Realtor, Should you Interview Them?

edna@ednawilson.com (Edna Wilson) — Tue, 03 Oct 2023 18:30:21 GMT

Interview your Realtor Before Choosing!

Choosing the right realtor is a pivotal step in your home-buying journey. To ensure you find the perfect match, consider interviewing potential agents. In this blog, we'll discuss why interviewing your realtor is essential and explore some key questions to help you make an informed decision.

Why Interviewing Your Realtor Matters

Interviewing your realtor is like a job interview for them, where you are the employer. It's your opportunity to gauge their qualifications, experience, and how they align with your needs. Don't settle for the first agent you come across; take the time to find someone who truly understands your goals and can guide you through the complex process of buying a home.

Key Questions to Ask Your Realtor

* How Will You Present My Offer to the Seller?

When you're ready to make an offer on a home, it's crucial that your agent presents it effectively. Ask your potential realtor about their approach. Ensure they can strike the right balance between conciseness and completeness. Your offer should be compelling and informative, providing the seller with all the necessary details while being easy to digest.

* How Would You Help Me Navigate a Potential Bidding War?

In competitive real estate markets, bidding wars are not uncommon. Your realtor's ability to navigate these situations can be a game-changer. Ask about their strategies for securing a property when multiple offers are on the table. A skilled realtor should have tactics to help you stand out while staying within your budget.

Additional Questions to Consider

While the above questions are essential, don't hesitate to delve deeper into your realtor's qualifications and approach:

* Can You Share Some Recent Success Stories?

Requesting examples of successful transactions they've handled can provide insight into their track record and expertise. It also gives you a sense of their negotiation skills and ability to overcome challenges.

* How Well Do You Know the Local Market?

A realtor who understands the local market trends, neighborhoods, and property values can provide invaluable guidance. They should be well-versed in the areas you're interested in and have a pulse on current market conditions.

* What's Your Communication Style?

Clear and frequent communication is key during a real estate transaction. Ask your realtor how they prefer to communicate and inquire about their availability. Ensure their communication style aligns with your expectations.

* What Services Do You Offer Beyond Buying a Home?

Your relationship with your realtor doesn't end when you close on a property. Some realtors offer additional services, such as post-purchase support, referrals to trusted vendors, or insights into the local community.

In conclusion, interviewing your realtor is a crucial step in finding the perfect partner for your home-buying journey. Don't hesitate to ask probing questions that go beyond the basics. By delving into their qualifications, approach to negotiation, and understanding of the local market, you can make an informed decision and ensure a smooth and successful home-buying experience.

Unlocking the Secrets of Home Staging 🏠💵

edna@ednawilson.com (Edna Wilson) — Mon, 25 Sep 2023 18:37:27 GMT

To State or Not to Stage?

When it comes to selling your home, one question often lingers: should you stage it or not? In this blog, we'll unravel the mystery behind home staging and explore the techniques that can transform your space, making it more appealing to potential buyers. Contrary to popular belief, staging doesn't always involve bringing in furniture and rearranging rooms. Often, it's the little things that make the biggest difference.

To Stage or Not to Stage: That Is the Question

The decision to stage your home is a pivotal one. Some sellers wonder if it's truly necessary, while others are convinced of its merits. The truth is, staging can significantly impact how potential buyers perceive your property. It helps them visualize their life in your space, making it easier for them to connect with the idea of living there. So, should you stage? The answer is usually a resounding yes.

Small Touches, Big Impact

Contrary to popular belief, staging doesn't always entail the extravagant task of hiring professionals to bring in furniture and revamp your entire living room. Often, it's about the subtle art of creating the right ambiance. Stagers often bring along a selection of strategically chosen items, such as fake plants and inexpensive home decor. These affordable touches can instantly breathe life into your home, giving it a warm and inviting feel.

Freshen Up the Scent of Your Space

Smell plays a crucial role in a potential buyer's impression of your home. It's essential to ensure that your space smells pleasant and neutral. If you've had pets, take proactive steps to eliminate any lingering odors. During open houses, consider relocating your animals to ensure a clean and odor-free environment. Quick tip: boil some vinegar and let it cool. This natural remedy works wonders in absorbing odors and leaving your home smelling fresh.

A Clean Canvas for Buyers

Remember, buyers want to envision their lives in your home, and that's easier to do when your space is clean and clutter-free. While staging helps create an inviting atmosphere, maintaining a spotless and organized home is equally essential. Invest in a thorough cleaning before showings or open houses, and don't forget to tidy up after your pets.

In conclusion, home staging is a powerful tool in the real estate market. It transforms your home into a welcoming canvas that potential buyers can picture themselves living in. Even simple, budget-friendly touches like fake plants and fresh scents can make a significant impact. So, when the question arises - should you stage? The answer is a resounding yes. With these staging secrets in mind, you'll be well on your way to enhancing your home's appeal and increasing its marketability.

Selling Your House Like a Pro: Tips for a Seamless Sale!

edna@ednawilson.com (Edna Wilson) — Mon, 18 Sep 2023 17:42:26 GMT

Mastering Home Sales: Tips for Success!

When it comes to selling your house, making a lasting impression often boils down to one key principle: less is more. The art of successful home selling involves creating a space that feels inviting and spacious to potential buyers. Here are some essential tips to help you declutter, depersonalize, and simplify your home-selling journey.

1. Declutter with Passion

The first step to selling your house more effectively is to declutter every nook and cranny. When prospective buyers walk through your home, they should feel like there's so much space that they can't help but envision their own life within those walls. Start by emptying your countertops, whether in the kitchen or bathroom. Clear out any unnecessary items, and remember, simplicity is key.

Next, venture into your pantry and do a thorough audit. Discard expired goods and items you no longer use. A well-organized pantry not only looks appealing but also conveys the message that your home is cared for and ready to move into.

Don't forget about your closet spaces. Take a good look at your wardrobe and part ways with clothing and accessories you haven't used in ages. Those twin sheets for a bed you no longer own? It's time to bid them farewell. Decluttering your closet not only makes space but also gives the impression of ample storage, a valuable selling point.

2. The Whole-House Approach

While decluttering is crucial, it's not limited to a single room. Go through your entire house, room by room, and scrutinize every corner. Take note of items that look worn, outdated, or out of place. If it doesn't serve a purpose or contribute to the aesthetics, consider letting it go.

A great way to part with items you no longer need is by donating them to a charity or a local organization. Knowing that your belongings are going to a good cause can make the process of decluttering feel even more rewarding.

3. The Personal Touch

While many experts recommend removing personal family photos when selling a home, it's not a universal rule. Leaving a few family photos strategically placed can actually help potential buyers envision their future in your space. These photos add a sense of warmth and lived-in charm, making it easier for buyers to see themselves building memories in their new home.

In the end, it's all about striking the right balance. Keep some personal touches that enhance the ambiance while minimizing clutter and distractions.

Selling your house better isn't just about presenting a picture-perfect space; it's about creating an atmosphere that allows potential buyers to see themselves thriving in their new home. By decluttering, simplifying, and preserving a hint of personal charm, you'll be well on your way to a successful home sale that leaves everyone smiling.

There's the Scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Prepping Your Home for a Successful Open Market Sale!

edna@ednawilson.com (Edna Wilson) — Mon, 11 Sep 2023 17:31:27 GMT

Get Ready to Sell: Your Must-Fix Checklist for a Successful Open Market Sale!

Selling your home is an exciting journey, but it's crucial to ensure that your property is in its best possible shape to attract potential buyers. To help you get started, we've compiled a handy checklist of must-fix items that can make a world of difference in the eyes of prospective homeowners.

1. Shedding Light on the Details

One often-overlooked aspect of home preparation is lighting. Make sure all your lightbulbs are not only functional but also emit the right color temperature. Proper lighting can significantly impact the ambiance of your space, creating a warm and inviting atmosphere for visitors.

2. Cabinet Care

Buyers appreciate a sense of security and sturdiness when it comes to their potential new home. Check your cabinets for any signs of wear and tear. Ensure they are not falling apart, and that handles and knobs are in good condition. A well-maintained kitchen can leave a lasting positive impression.

3. Carpet Concerns

Is your carpet all tucked in neatly, or are there visible wrinkles and creases? Straightening out your carpet can give your home a more polished appearance. Additionally, check for any stains or blemishes. Addressing these issues can make your space feel fresh and well-cared for.

4. Walls That Wow

Scuff marks on walls can detract from your home's overall appeal. Fortunately, there are easy solutions. A fresh coat of paint can work wonders, instantly revitalizing your space. For smaller blemishes, consider using a magic eraser to remove those unsightly marks. Smooth, clean walls can help buyers envision their future in your home.

5. Patching Up Perfection

Before listing your property, it's a good idea to minimize the number of holes in your walls. Those tiny holes from picture frames and shelves can be distracting. Fill them in with putty and touch up with paint to create a clean, seamless finish. It's a small detail that can make a big difference in how your home is perceived.

By addressing these essential details, you can set the stage for a successful open market sale. A well-prepared home not only attracts potential buyers but also helps them envision their life within its walls. Taking the time to attend to these small but significant details can pay off handsomely when it comes time to make the sale. So, roll up your sleeves and get ready to present your home in its best light—it's a step toward a brighter future!

Thank you for reading, check out my YouTube video on this subject below!
https://www.youtube.com/watch?v=LUDGzmFPhZU

Why you NEED to Change Wall Colors! 🖌️🎨

edna@ednawilson.com (Edna Wilson) — Wed, 06 Sep 2023 18:31:33 GMT

The Power of Neutral Colors in Selling Your Home

When it comes to selling a house, there are countless factors to consider – from curb appeal to staging the interior. One often underestimated aspect that can significantly impact your home's marketability is the color palette you choose for its interior. Believe it or not, the choice of colors can influence potential buyers' perceptions and ultimately affect your chances of a successful sale. In this blog, we'll delve into why neutral colors play a crucial role in the selling process.

1. Neutral Colors Sell Houses Better

It's a well-established fact in the real estate industry that neutral colors have a broad appeal. Shades like soft whites, light grays, and beige are known for their versatility and ability to create a welcoming atmosphere. When you're trying to sell your home, you want to appeal to as many potential buyers as possible. Neutral colors provide a blank canvas that allows prospective homeowners to envision their own décor and style in the space.

2. The Allure of Vanilla Plain

Neutral colors often get referred to as "vanilla plain," but this simplicity is precisely their strength. These colors create a serene and calming environment that doesn't overwhelm the senses. When people walk into a home with neutral interiors, they're more likely to focus on the architectural features, the layout, and the potential of the space rather than being distracted by bold or polarizing colors.

3. Helping Buyers Envision Their Future

One of the primary goals when selling a house is to help potential buyers see themselves living in the space. Neutral colors make this process easier. Buyers can more easily imagine their furniture, artwork, and personal touches in a neutral backdrop. This mental visualization is crucial for fostering an emotional connection with the property, which can lead to quicker and more competitive offers.

4. Overcoming Color Biases

It's surprising how much personal taste can influence a potential buyer's decision. Some people simply cannot look past the paint on the walls. While you might adore your bright blue or pink accent walls, not everyone shares your enthusiasm. Choosing neutral colors eliminates the risk of clashing with a buyer's preferences and ensures your home appeals to a broader range of tastes.

5. Personal Expression with a Purpose

If you're a fan of bold and vibrant colors in your living spaces, that's perfectly fine – as long as you're prepared to make changes before putting your house on the market. Bold colors can be captivating, but they might not resonate with everyone. If your wall is adorned with a striking hue, it's advisable to repaint it in a neutral tone before listing your property. This small adjustment can make a significant difference in attracting potential buyers.

In conclusion, the role of color in selling a home should not be underestimated. Neutral colors create a canvas of possibilities for buyers, helping them visualize their life in your home. While personal expression through bold colors is perfectly acceptable, it's crucial to recognize that when selling, neutral tones are your best allies in making a lasting impression on potential buyers. Remember, a well-painted neutral interior can be the key to unlocking a successful sale.

Everything you Need to Know about a Seller's Disclosure!

edna@ednawilson.com (Edna Wilson) — Mon, 28 Aug 2023 19:10:06 GMT

Seller's Disclosures 101!

The purpose of a seller's disclosure is to make sure everyone is disclosing what you need to disclose about the house. The seller's disclosure is so important, if you're a seller and you've never occupied the property, you're not going to fill one of those out, you're going to fill out a disclosure that says that you have never lived there. Though, if you have lived in that house, it is your obligation to disclose everything about that building- whether water has come in from outside by things like a flood or rain, or the ground holds water if the A/C keeps breaking, and you have to disclose all of that.
Issues with water, issues with the city, if you're fighting one of your neighbors in a lawsuit, all those things and many many more have to be disclosed to the new buyer. It is for your protection so you do not get sued after the fact and it is for the buyer's information, it is just the right thing to do. Well, there's the scoop, Edna Wilson, Your Hometown Realtor, as Hometown as Apple Pie.

Click here to view YouTube Video

Could a Home Warranty be a Negotiation Tool?

edna@ednawilson.com (Edna Wilson) — Mon, 21 Aug 2023 19:25:01 GMT

Home Warranties - Could they be negotiation tools?

Home warranties, are they worth it? Well, it depends- what we see in today's market is that more and more buyers are asking for home warranties because they want to make sure the house they are buying has some sort of guarantee to it, and sellers definitely will pay for it from time to time. If you are a seller- one of the strategies is offering a home warranty in today's market, they cost about $600 and they cover your air conditioning and plumbing, and like appliances, and they cover a variety of things that help the buyer feel more comfortable, especially buying an older home. Now it is definitely a negotiation tool that we can use in the buying or selling process and that's great, anything we can use to either negotiate or make the buyer feel more comfortable from a seller's perspective is an amazing tool and will help you get the most money for your house. Well, there's the Scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Click Here for YouTube Video

When Should you do your Repairs?

edna@ednawilson.com (Edna Wilson) — Mon, 14 Aug 2023 17:38:11 GMT

When Should you do your Repairs?

When do we have to do repairs? The contract says as is- "Edna, I don't understand." I get that question all the time, so I thought it'd be a great video so we can explain why we do repairs when everything in the state of Florida says "As Is Contract" the reason it is an "As Is Contract" is because at the closing table we're signing off that we accept the house as is, but that does not mean there is not negotiations to be had between the time that we put it under contract and the time that we close- and that first seven or ten days we have the inspection period and the buyer is going to come through or if you're the buyer and you do an examination of the house to make sure it is exactly what they think- that they're buying.
So there may be times that we do repairs, I will tell you, my customers typically only do repairs that are part of the four-point inspection, we've talked about that before- the four-point inspection includes the A/C, the electrical, the roof, and the plumbing. The reason those are important is because that's what the insurance company looks at to make sure the house is insurable, so those things (as a seller) are probably going to have to be fixed because we want to make sure the new buyer is able to get insurance on the property. So remember that "as is" is talking about the closing table, not the duration between the time of contract to the time of closing. There's the scoop! Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Click Here for YouTube Video!

How to Know of Home Equity Loans are Right for You 🏠

edna@ednawilson.com (Edna Wilson) — Mon, 07 Aug 2023 18:09:26 GMT

Home Equity Loans - Are they right for you?

So, I got a call this week saying "Edna, should we get a home equity loan to repair our house or to do some upgrades?" and that's a great question! You know there's different schools of thoughts on that, Dave Ramsey would tell you "Don't go in debt no matter what, save the money, remodel, do what you need to do." Robert Kiyosaki- Rich Dad, Poor Dad, would tell you use other people's money, there's no harm in it, though honestly that's really kind of a personal decision, but I will tell you if you put the money back into the home it's usually a pretty good deal, right? Since now you're able to put money back into your home, live with your Renovations and then sell it for more than you put into it but the bad side of that is- what if the market crashes? What if the prices of houses start dropping? Though we don't foresee that in the near future, but it's still a gamble. It is always a "what if", so at the end of the day whatever you're comfortable with- if you can make the payments and you are comfortable living with that and you are willing to wait for the market to bounce back up- if something happens absolutely go for it, but if it's too much of a risk for you then you should probably steer clear and save the money and do the renovations. There's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie!

Are you in Danger if you Move Houses?

edna@ednawilson.com (Edna Wilson) — Tue, 01 Aug 2023 17:22:50 GMT

Danger could be around the corner when you move, find out how to know!

I was just at an event this weekend with our amazing Sheriff Ivy and he was talking about this; since he's taken office, crime has diminished by 50% here in Brevard County, which is amazing, but the truth is crime is kind of specific to neighborhoods and people always want to know what kind of crime is in a specific neighborhood, I've got some great tools to help you figure that out. First of all, always always always, I always tell my buyers to call the police department or the sheriff's department, they'll tell you the crime report for that street, they'll tell you exactly what kind of crimes occur and you have to make the judgement call based on that, there are also several services and apps that could help you, use Google or any search engine to see what crime is related to the neighborhood you're looking at. They're great resources for you as a buyer because they keep you and your family safe. Another idea is that you always to walk the streets- not drive, but walk the streets in the neighborhood that you're looking to buy. I want you going up and down just looking and hearing, I had a family once who had something where they did not want to hear the interstate, some people it doesn't matter, but this particular one- they did, and once they started walking they could hear the interstate and they didn't even realize it until they got out of their car and started walking the neighborhood. Very important, I'd tell you to also come back at night just to do the same thing because things are different during the night time, don't rely on that first five or ten minutes that you spent during the day walking around, come back in the evening and even just slowly drive it, you'll learn a lot- that is a promise. Thank you for reading, I am Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Homeowner's Insurance is Skyrocketing!

edna@ednawilson.com (Edna Wilson) — Mon, 24 Jul 2023 16:50:27 GMT

Homeowner's Insurance is Skyrocketing, are you in Danger?

Homeowners insurance is no joke. If you live in the state of Florida, you probably are very much aware that homeowners insurance is skyrocketing!

How to Advertise like a Pro!

edna@ednawilson.com (Edna Wilson) — Mon, 17 Jul 2023 17:32:35 GMT

Advertise like a Pro!

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How is the Market Doing? (Mid 2023 Update)

edna@ednawilson.com (Edna Wilson) — Thu, 13 Jul 2023 17:00:00 GMT

The Market Could be Crashing! Read below to see for yourself how we're doing!

So, here we are, June 2023, and people are asking me "How is the market doing?" that's always the question people ask, let me tell you what we have seen in the past year, as you know, 2020, 2021, 2022, all crazy. Interest rates were on an insane low, we had buyers everywhere, everyone was buying a house, and then of course the Federal Reserve raised the interest rates which really did slow down the Buyer's Market. Though being here on the Space Coast in Titusville, we have seen such an uptick again in buyer demand and it's because people are moving here for jobs so the people are not just trading out what they already have, they're moving for real jobs, they need housing and right now we have a shortage of it, still it is a seller's market here in Titusville, Florida, I'm telling you if you have a house to sell you can still get top dollar for it, and don't be afraid of interest rates, Dave Ramsey always says "Date the interest rate, marry the house." That's my advice to you, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to NOT sell your Fridge on Accident!

edna@ednawilson.com (Edna Wilson) — Mon, 10 Jul 2023 16:56:52 GMT

How to NOT Sell your Fridge on Accident!

I know this is a crazy topic to talk about, but let's say you want to sell your house and you are in love with your refrigerator, but you now know that you can easily lose it when you sell your home- let's talk about that! Basically what needs to happen is if you really want to take your refrigerator with you and you've done all the economics of leaving it versus taking it- having to move a fridge isn't a big deal, you just have to make sure you exclude it from the contract which means that when it comes to page one, I think it's line five, you have to say that the refrigerator is excluded. Otherwise when you sign that contract, all your appliances that you didn't specify whether or not you are taking them have to stay at the home, not forgetting anything that is attached to the wall, anything mounted to the wall has to stay now (anything that is not decorations). Let's even say for instance that you have a TV mount on the wall, it has to stay- if you have curtains you better hope they are down before showing that house to anyone if you want to take them with you! If you are in love with your fridge it better be on the contract and is excluded from the purchase of the house- now honest to goodness I had a customer who after the contract was down- decided to take all the appliances out of the house and sell them! You can't do that, it is in the contract, so the poor seller had to go back out and purchase those appliances and put them back into the house, listen- there is a lot of ins and outs when you sell or buy a house, that's why you need a professional on your side (that would be me!) Thank you for reading, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Walkthroughs Keep You Safe!

edna@ednawilson.com (Edna Wilson) — Mon, 03 Jul 2023 17:40:30 GMT

Walkthroughs Keep You Safe!

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Are Appraisals Worth it?

edna@ednawilson.com (Edna Wilson) — Mon, 19 Jun 2023 17:37:06 GMT

Are Appraisals Worth It?

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How to Know if the Condo Life is Right for You! 🏠

edna@ednawilson.com (Edna Wilson) — Mon, 05 Jun 2023 16:48:49 GMT

Is the Condo Life Right for You?

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Everything You Need to Know About Assumables!

edna@ednawilson.com (Edna Wilson) — Tue, 30 May 2023 17:01:29 GMT

This is everything YOU need to know about Assumables!

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You Need Better Curb Appeal!

edna@ednawilson.com (Edna Wilson) — Mon, 22 May 2023 17:21:32 GMT

You Need Better Curb Appeal!

Curb Appeal is everything! I had a customer just yesterday say to me "Edna, I'm hiring someone to pull all of this landscaping out", I was like "What??? Don't pull it all out!" It was just a little overgrown, if you're looking for curb appeal maybe just pull the shrubs down if you really don't know how to maintain plants, this is NOT a learning place, do not try if you are inexperienced, instead- if you cannot maintain everything and all of your plants are dead, pull out the dead stuff and throw some mulch down, put a big o'le pot over them, some little flowers, anything easy to maintain! Just don't try to go all in and become Mr. or Mrs. HGTV plant Guru because it's not going to

Buyer's Myth BUSTED!

edna@ednawilson.com (Edna Wilson) — Mon, 08 May 2023 16:50:35 GMT

Buyer's Myth BUSTED!

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Why YOU Should get a Loan Shark!

edna@ednawilson.com (Edna Wilson) — Mon, 01 May 2023 18:30:53 GMT

Why YOU Should Get a Loan Shark

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Incorrect Tax Records???

edna@ednawilson.com (Edna Wilson) — Mon, 24 Apr 2023 16:53:43 GMT

Are your tax records wrong?

Alright guys, I get this question all the time- "Edna, why is my square footage off in the tax records?" Well let me tell you, there's tons of reasons for that, one reason is that it could be maybe you just have an unpermitted back room or something along those lines, or maybe when they originally did the tax records, your square footage wasn't recorded correctly, and let me tell you that's not actually a bad thing usually! So as real estate agents, we look at the whole plot, we can look at your different square footage in your house and that's what we're going to listen to to prove that the square footage is correct, then we have to list with the tax records list and so that could hurt you, you pay on your property value based on your square footage, based on the value that the county gives you, and so if your tax rolls are wrong, is it such a bad thing? I don't know you you may pay more taxes or less taxes depending on that square footage, and if it is wrong, you can actually go to the county and get it corrected if you want to, but some of the reasons why tax rolls are wrong is because like I said someone has recorded it incorrectly at the very beginning, what really matters though is what the appraiser measures, and they are going to make absolutely sure that the square footage is 100% correct, because as I always say, it always comes down to the appraisal. Well! There's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What is a Loan Pre-Approval?

edna@ednawilson.com (Edna Wilson) — Mon, 10 Apr 2023 16:54:27 GMT

Do you have any idea what a Loan Pre-Approval is?

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How NOT to Look like a Drug Dealer to your Lenders

edna@ednawilson.com (Edna Wilson) — Mon, 03 Apr 2023 16:50:31 GMT

How to NOT look like a drug dealer to your Lenders!

How not to look like a drug dealer to your lenders! I kno w it's hard to do, but these are tips and tricks that you need to know, especially if you're in the service industry or if you get cash for anything that you do, you need to know that cash does not count unless it's deposited in the bank and sat there for 60 or more days. So you better make sure that you're not holding on to a whole lot of cash stuffed underneath your mattress, instead you need to make sure that you're depositing to the bank to make the money appear as real and non-suspicious, that way your money can count in your bank statement, don't hold onto the cash if you're trying to get qualified for a house! There's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

STOP RENTING! ?

Mon, 27 Mar 2023 15:17:00 GMT

Ring ring ring! "Hey Edna, I am so tired of renting, I want to buy a house!" That's my favorite phone call to get, you know why? Because rent keeps going up, you have no control over how much they're going to charge you for rent, and you're paying someone else's mortgage. The first thing you want to do is talk to a lender, we have a lot of local lenders that we partner with because a local lender can tell you exactly about neighborhoods and what qualifies for what different programs- by the way, we have tons of different programs. The second thing you want to do is after you know how much you qualify for, I'm going to start sending you lists. "Here's some lists of some houses you can go see." Third, we go out and we start looking at houses. Four, you fall in love- then step five, we buy it! It's that simple. Well, if you have any questions, I'm your girl, give me a call! I'd love to help because who you work with matters! Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How is the Market Doing?

Tue, 21 Mar 2023 01:52:43 GMT

How is the market? If I've heard it once, I've heard it 10 times a day. Everyone wants to know, "How is the market doing?" Well, here's the quick and long of how you can tell how it's going.

Yes, interest rates are up, and yes, buyer demands are down, but inventory is still low, so we still have a very strong buyer's market. The very definition of whether we're in a buyer's market or a seller's market is determined by these two things:

Number one, do we have a low inventory? Yes. Do we have buyer demand? Yes. Do we have six months' worth of houses? Well, the truth is, no, we have only three months' worth of houses. If no one listed their house and every house was bought, the assumption rate would only be three months' worth. In some areas, it's even less than that, so that truly would put us in a seller's market.

Now, once we get over that six-month mark, that is what puts us into a buyer's market. So there you go - a seller's market is under six months of absorption rate, and a buyer's market is over six months of absorption rate. I know this may be a lot for some of you, so if you have any questions, don't hesitate to reach out. Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How is the Market Doing?

Mon, 20 Mar 2023 15:13:00 GMT

How is the market? If I've heard it once, I've heard it 10 times a day. Everyone wants to know "How is the market doing?" Well here's the quick and long of how you can tell how it's going. Yes- interest rates are up, yes buyer demands are down, but inventory is still low, so we still have a very strong buyer's market. The very definition of if we're in a buyer's market or a seller's market is these two things: number one, do we have a low inventory? Yes, do we have buyer demand? Yes, do we have six months worth of houses? Well, the truth is, no, we have only three months worth of houses if no one listed their house, and every house was bought the assumption rate would only be three months worth, in some areas less than that, so that truly would put us in a seller's market. Now once we get over that six month mark, that is what puts us into a buyer's market. So there you go- seller's market is under six months of absorption rate, buyer's market over six months of absorption rate, I know this may be a lot to some of you, so if you have any questions don't hesitate to reach out, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What is an Open Permit?

Mon, 13 Mar 2023 18:24:25 GMT

All right, you're under contract, everything is going just as planned, and you get a call from the title company - ring ring - you have an open permit on your property. What? What the heck is an open permit on my property?

Well, back in 1998, when you put up that new fence - which isn't a new fence anymore, I guess - but when you put the new fence up, you never closed the permit because you pulled it by yourself. It happens all the time. Roofers forget to close out permits, A/C guys forget to close out permits. Well, guess what? You now have an open permit on your property. That's a problem.

You cannot close a property with an open permit without a serious amount of waivers, so here's what we do. Your trustee real estate agent gets on the phone, either calls the city or the county or whoever the permit's with, and you find out how to close it. In some cases, you got to pull a new permit and then close that one out - that's the whole crazy thing - or we get the contractor to just send in a request. So, they have done their work, City of Titusville comes out, or your County comes out, signs off on the work, closes it out.

I had this happen once, and it was within 24 hours of our closing date. We kicked butt trying to get it closed, but we did it because who you work with matters. Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What is an Open Permit?

Mon, 13 Mar 2023 15:19:00 GMT

All right, you're under contract, everything is going just as planned and you get a call from the title company- ring ring, you have an open permit on your property, what? What the heck is an open permit on my property? Well back in 1998 when you put up that new fence which isn't a new fence anymore I guess- but when you put the new fence up, you never closed the permit because you pulled it by yourself. It happens all the time, roofers forget to close out permits, A/C guys forget to close out permits, well guess what, you now have an open permit on your property, that's a problem. You cannot close a property with an open permit without a serious amount of waivers, so here's what we do. Your trustee real estate agent gets on the phone, either calls the city or the county or whoever the permit's with, and you find out how to close it. In some cases, you got to pull a new permit and then close that one out, that's the whole crazy thing, or we get the contractor to just send in a request, so they have done their work, city of Titusville comes out or your County comes out, signs off on the work, closes it out. I had this happen once and it was within 24 hours of our closing date, we kicked butt trying to get it closed, but we did it because who you work with matters. Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why YOU want a Busy Agent!

Mon, 06 Mar 2023 19:14:50 GMT

Okay, so everyone's always telling me, "Edna, you're so busy all the time!" Well, I've actually had people not call me before because they said that I just seem too busy. Let me tell you, you WANT a busy agent to work with and here's why.

One - we know the market like nobody else because we're in and out of every home here in this town. We know what's for sale and what is not for sale, what neighborhoods you should scope the pipes for, which neighborhoods are fine, which neighborhoods have PVC piping - we know it all since we're in and out of houses all the time.

Second - you want to work with a busy agent because we constantly have new listings come in the market that you can take advantage of before anybody else gets to see them. It is always to your favor to work with someone who's super busy as long as they communicate with you. We have a seven-step program that does not fail at communicating with our buyers and sellers, and that's what you should be looking for. So remember, when you're trying to pick a real estate agent, you always want to pick the busy ones!

Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why YOU want a Busy Agent!

Mon, 06 Mar 2023 16:11:00 GMT

Okay, so everyone's always telling me "Edna, you're so busy all the time!" Well I've actually had people not call me before because they said that I just seem too busy, let me tell you, you WANT a busy agent to work with and here's why. One- we know the market like nobody else because we're in and out of every home here in this town and we know what's for sale and what is not for sale, what neighborhoods you scope the pipes for, which neighborhoods are fine, which neighborhoods have PVC piping like- we know it all since we're in and out of houses all the time. Second- you want to work with a busy agent because we constantly have new listings come in the market that you can take advantage of before anybody else gets to see them. It is always to your favor to work with someone who's super busy as long as they communicate with you. We have a seven step program that does not fail at communicating with our buyers and sellers, and that's what you should be looking for, so remember when you're trying to pick a real estate agent, you always want to pick the busy ones! Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What is PMI?

Mon, 27 Feb 2023 18:37:33 GMT

What is PMI? This is a question I get all the time. PMI is Private Mortgage Insurance. What that is, is insurance policies that protect the lender, not you. But guess who has to pay the premium? You! I know, that is ridiculous, but it's what happens when you don't put 20% down on a house. So, if you put 5% down, 10% down, 3.5% of your FHA, you will pay PMI.

Now, sometimes when you pay PMI, the interest rate becomes smaller, and so your payment actually balances out. So, sometimes it's to your monthly advantage to pay PMI. Where it becomes difficult, though, is that it never goes away on an FHA. You're always going to pay that PMI. If you have a conventional loan, a loan not backed by the way that the government does it with the FHA, once you hit that 80% to 20% loan-to-value, where you owe 80% and you have 20% equity, they take the PMI off. So, your payment goes substantially down, $100-$200 a month typically.

So, you want to make sure you ask the question "Is the PMI in there forever?" "Is it in my favor?" and "Who does it protect?" Well, there's the scoop! Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie!

What is PMI?

Mon, 27 Feb 2023 17:16:00 GMT

What is PMI? This is a question I get all the time, so PMI is Private Mortgage Insurance. What that is is insurance policies that protect the lender, not you, but guess who has to pay the premium, you! I know, that is ridiculous, but it's what happens when you don't put 20 down on a house, so if you put five percent down, ten percent down, three and a half percent of your FHA you will pay PMI. Now sometimes when you pay PMI, the interest rate becomes smaller, and so your payment actually balances out, so sometimes it's to your monthly advantage to pay PMI, where it becomes difficult though is that it never goes away on an FHA, you're always going to pay that PMI where if you have a conventional loan, loan not backed by the way that the government does it with the FHA, what happens then is once you hit that 80% to 20% low value so you owe 80% and you have 20% equity, they take the PMI off, so your payment goes substantially down, $100-$200 a month typically, so you want to make sure you ask the question "Is the PMI in there forever?" "Is it in my favor?" and "Who does it protect?". Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie!

Sell your Home Faster!

Mon, 20 Feb 2023 18:32:00 GMT

Sell your Home Faster!

Mon, 20 Feb 2023 18:30:29 GMT

What is preventing your home from selling? It's been sitting on the market for 90 days, what the heck?

Well, one - as we talked about, the market has definitely slowed down. That is a problem right now in our market, so don't have your expectations too high. So, it might not be your price. It might be other factors, right?

So, what if your fence is falling down, and people are like, "Oh, I don't want to repair a fence." Dude, go repair your own fence! Get it up and running, right?

What if the yard needs to be cut? What if the pool is green? What if the carpet is green? Yikes! These are things that buyers are looking at. Buyers are becoming extremely picky in today's market, so your house needs to be perfect when it hits the market.

I know that sounds harsh, but it's just a reality of where we live. The competition's higher, listings are going for less and less every time. I just had a house that listed for $400,000, and next week we're going to close it at $300,000. That's a $100,000 hit, mostly because the seller went to overprice the house, and it wasn't up to date. So, I was able to sell it finally after putting paint and carpet into the whole house and getting it up and running. It's crazy, but that's the market that we live in right now. So, there's a large amount of things that might be preventing your house from selling. Take a look, bring in friends that are not active in the market, and see what they think about your house because there will always be things that you need to be told that you need to take a look at.

Well, there's the scoop. Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What Does it Mean to Wholesale Houses?

Tue, 14 Feb 2023 17:47:08 GMT

Have you heard of the term "Wholesaling Houses"? What does that even mean?

Well, what that means is that someone's going to come in and make you an offer on your house. Typically, these are off-market houses. So it might be, for instance, Grandma's house right down the street, and she has tons of equity in it. Then let's say Grandma's house is worth $300,000, and as investors come in and say, "Listen, I'm going to buy your house in cash for $210,000," and Grandma thinks "Great!" because she doesn't even know that her house is worth $300,000.

Well, the investigator gives himself usually around 60 days to then go out and find another buyer who will buy it at an increase of maybe like $270,000. And so the original buyer doesn't ever take possession of the house; they just reassign the contract to the new buyer, but they walk away with a difference, which is what, $60,000? And they didn't do anything but find the second buyer. It sounds kind of shady, but it's very much legal.

My concern is that Grandma is the one that loses because the truth is, we should put it on the open market for $300,000, so the only person that loses is the seller in this particular situation. So think about that if you ever hear the words like "You should get into wholesaling houses." There are real people behind these houses; they're not just vague money-making monopolies, right? These are real people who are trying to sell their house, who probably need that equity to retire on, so it's not a sandbox I play in.

If you have any questions, be sure to give me a call, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What Does it Mean to Wholesale Houses?

Mon, 13 Feb 2023 17:18:00 GMT

Have you heard of the term "Wholesaling Houses"? What does that even mean? Well what that means is that someone's going to come in and make you an offer on your house, typically these are off-market houses, so it might be for instance Grandma's house right down the street and she has tons of equity in it, then let's say Grandma's house is worth $300,000 and as investors comes in and says "Listen, I'm going to buy your house in cash for $210,000", and Grandma thinks "Great!" because she doesn't even know that her house is worth $300,000. Well the investigator gives himself usually around 60 days to then go out and find another buyer who will buy it at an increase of maybe like $270,000. And so the original buyer doesn't ever take possession of the house, they just reassign the contract to the new buyer, but they walk away with a difference which is what, $60,000? And they didn't do anything but find the second buyer, it sounds kind of shady, but it's very much legal. My concern is that Grandma is the one that loses because the truth is, we should put on the open market for $300,00 so the only person that loses is the seller in this particular situation, so think about that if you ever hear the words like "You should get into wholesaling houses", there's real people behind these houses, they're not just vague money making monopolies right? These are real people who are trying to sell their house who probably need that equity to retire on, so it's not a sandbox I play in. If you have any questions, be sure to give me a call, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

RECASTING- WHAT IS IT? | Edna Wilson's Real Estate Blog

Mon, 06 Feb 2023 18:51:30 GMT

What is recasting? Well, it's not a fishing term, I'll tell you that. But I have lots of customers, especially right now, that have tons of equity in their house, and when they go to buy the other house, they might not have sold the first house yet. And so there's this thing called recasting. So let me break this down for you.

What happens is you go ahead and purchase the other house, you might have, I don't know, three percent down what you have because you don't have a lot of money yet because you haven't sold the first house, right? You go ahead and get that first mortgage, then when you pay off the original house, you suddenly have $200,000, let's say. Well, you can actually call your mortgage company and say, "I want to recast my loan." So what that does is, it doesn't change your interest rate, it doesn't change many of the terms, but what it does change is the principal amount your payments are based on.

So in my case, I just recently did this for myself. My payments went from, let's say, $2,000 a month to like $1,400 a month because I was able to put this big chunk down on the house. It really makes a difference, and it's a way for you to get lower payments long term simply by just using the word "recast."

If you have any more questions, be sure to reach out to me, Edna Wilson, your Hometown Realtor. As hometown as apple pie.

Recasting- What is it?

Mon, 06 Feb 2023 17:16:00 GMT

What is recasting? Well, it's not a fishing term, I'll tell you that- but I have lots of customers especially right now that have tons of equity in their house, and when they go to buy the other house, they might not have sold the first house yet, and so there's this thing called recasting- so let me break this down for you. What happens is you go ahead and purchase the other house you might have I don't know three percent down what you have because you don't have a lot of money yet because you haven't sold the first house, right? You go ahead and get that first mortgage, then when you pay off the original house, you suddenly have $200,000 let's say- well you can actually call your mortgage company and say "I want to recast my loan" so what that does is it doesn't change your interest rate, it doesn't change many of the terms, but what it does change is the principal amount your payments are based on, so in my case I just recently did this for myself, my payments went from let's say $2,000 a month to like $1,400 a month because I was able to put this big chunk down on the house, it really makes a difference and it's a way for you to get lower payments long term simply by just using the word "recast". If you have any more questions, be sure to reach out to me, Edna Wilson, your Hometown Realtor, as Hometown as Apple pie.

Be Realistic if You want Results

Mon, 23 Jan 2023 16:12:00 GMT

What is up with this market? Oh my goodness one day you make an offer and there's 18 other offers that you're competing with, then the next day a house sits on the market for a month, what is going on? Well, here we sit at the beginning of 2023 and the market has changed for sure, there's some reasons as to why the market switched up on us, the majority of it is interest rates going up from being about two and a half percent to like six and a half percent. If you don't understand what that means- it's just a difference in your payments, but what I'm seeing in the market right now is that sellers, you guys need to set realistic expectations on what your house is going to bring in, because a buyer that could afford $350k a year ago can maybe only probably afford $275k this year. Sellers, you gotta be realistic about your prices- buyers, you gotta be realistic about what you can afford, and so we're going to make sure that we're looking at houses within your price range, and that's where the lender really helps. So the market is actually in some ways I think better because right now you are actually able to buy a house if you're a buyer, you're not competing with 50 other offers. Sometimes it's just your the only offer so there's some leverage for buyers, now sellers, don't panic, we are NOT in a buyer's market yet, we're probably headed there, but there's still opportunity to sell your house for a really nice profit because of the way that the market has gone, so I know this is a lot of complex, complicated craziness, but I'd love to sit down and talk with you about what this all actually means, well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Be Realistic if you Want Results

Mon, 23 Jan 2023 14:59:40 GMT

What is up with this market? Oh, my goodness! One day, you make an offer and there are 18 other offers that you're competing with. Then, the next day, a house sits on the market for a month. What is going on?

Well, here we sit at the beginning of 2023, and the market has changed for sure. There are some reasons as to why the market switched up on us, the majority of which is due to interest rates going up from being about 2.5 percent to around 6.5 percent. If you don't understand what that means, it's just a difference in your payments.

But what I'm seeing in the market right now is that sellers need to set realistic expectations on what their house is going to bring in. A buyer who could afford $350,000 a year ago may only be able to afford $275,000 this year. Sellers, you've got to be realistic about your prices. Buyers, you've got to be realistic about what you can afford. And so, we're going to make sure that we're looking at houses within your price range, and that's where the lender really helps.

So, the market is actually in some ways better, because right now, if you're a buyer, you're actually able to buy a house. You're not competing with 50 other offers. Sometimes, you're the only offer, so there's some leverage for buyers. Now, sellers, don't panic! We are not in a buyer's market yet, but we're probably headed there. There's still opportunity to sell your house for a really nice profit because of the way that the market has gone.

I know this is a lot of complex, complicated craziness, but I'd love to sit down and talk with you about what this all actually means. Well, there's the scoop! Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Appraisal - What is it?

Mon, 16 Jan 2023 16:44:00 GMT

Appraisal, what a weird word, right? Like think about that word, what does it even mean? Well it's funny because in the industry we have all different types of appraisers, so an appraiser is someone much like a certified inspector, they've been through apprenticeship, they are good on the topic, they know exactly what that house is worth, or do they? So in this field we definitely have had some bad appraisals and good appraisals, and so it's just an opinion of what one person thinks that house is worth, and it really doesn't matter if it's VA, FHA, or just conventional, it doesn't really matter, it's not his or her opinion about what the house is worth, well some appraisers start nitpicking, oh my goodness I had one appraiser, he was out of his frame of what he needed to be looking at, he was going to drive me up a wall on this house he just kept it, it was a conventional loan so really conventional loans are just yes or no, does it meet value, all of that, it's not much more than that. Though he was so concerned over like wood rot and things like if a shingle was crooked, it was crazy, but when you look at appraisers, their job is to find out if this house meets the criteria for what kind of condition it is in, and does it equal the other houses in the neighborhood. It's really a yes or no question but the truth is, it's a necessary evil in our industry and we have to play by their rules so if you get a bad appraisal, don't fret, not all is lost, there are ways we can challenge appraisals, there are also ways we could ask for another appraisal, so there's things your lender can do to help us get through this if we get an appraisal that's just too crazy. Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Appraisal - What is it?

Mon, 16 Jan 2023 14:49:58 GMT

Appraisal. What a weird word, right? Like, think about that word. What does it even mean? Well, it's funny because in the industry we have all different types of appraisers. So, an appraiser is someone much like a certified inspector. They've been through apprenticeship and they are good on the topic. They know exactly what that house is worth...or do they?

So in this field, we definitely have had some bad appraisals and good appraisals. And so it's just an opinion of what one person thinks that house is worth. And it really doesn't matter if it's VA, FHA, or just conventional. It doesn't really matter. It's not his or her opinion about what the house is worth.

Well, some appraisers start nit-picking. Oh my goodness! I had one appraiser. He was out of his frame of what he needed to be looking at. He was going to drive me up a wall on this house. He just kept it. It was a conventional loan, so really, conventional loans are just yes or no. Does it meet value? All of that. It's not much more than that.

Though, he was so concerned over wood rot and things like if a shingle was crooked. It was crazy. But when you look at appraisers, their job is to find out if this house meets the criteria for what kind of condition it is in, and does it equal the other houses in the neighborhood. It's really a yes or no question.

But the truth is, it's a necessary evil in our industry and we have to play by their rules. So, if you get a bad appraisal, don't fret. Not all is lost. There are ways we can challenge appraisals. There are also ways we could ask for another appraisal. So, there are things your lender can do to help us get through this if we get an appraisal that's just too crazy.

Well, there's the scoop. Edna Wilson, your Hometown Realtor. As Hometown as Apple Pie.

What is a Walkthrough?

Mon, 09 Jan 2023 18:24:00 GMT

Woohoo! It's closing day and it's time to do your walkthrough, what does that even mean though? A walkthrough is that final time where you get to go through the house and actually look at it, let me tell you I've had some crazy walkthroughs, so let's first talk about what you need to look at. So it's simply a 5 minute walkthrough to make sure that what is in the contract is actually in the house, so like that they haven't torn out the light fixtures, they haven't torn out blinds, they haven't torn out ceiling fans, you want to make sure that all that stuff is in the house but you also want to make sure the house is in good condition. The worst one I've probably ever had is we walked into a house for the final walkthrough and it had flooded, their hose line to their toilet bursted and the entire house was flooded, we had to call off the closing right? We can't close on a flooded house, and who's insurance even pays for all of that damage, right? So we want to make sure that the house is in the exact condition that the contract says it is. This is not where you measure to see if your couch will fit, this is an in and out five minute process right before closing to make sure the house is exactly what the doctor ordered, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

What is a Walkthrough?

Mon, 09 Jan 2023 16:32:56 GMT

The worst one I've probably ever had is we walked into a house for the final walkthrough and it had flooded, their hose line to their toilet bursted and the entire house was flooded, we had to call off the closing right? We can't close on a flooded house, and who's insurance even pays for all of that damage, right? So we want to make sure that the house is in the exact condition that the contract says it is. This is not where you measure to see if your couch will fit, this is an in and out five minute process right before closing to make sure the house is exactly what the doctor ordered.

There's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why you Should Lock your Rates

Tue, 03 Jan 2023 21:09:35 GMT

Why does this make a difference? Because it changes your payment, just a one percent increase in the interest rates can make a significant difference in your payments depending on how much you're financing, but with this craziness of the market, the lenders have gotten very creative and they've allowed you to actually lock your rates. Though what does that mean? That means that you actually get to lock and then in some cases shop for a whole year at that locked rate, well the Federal Reserve is talking about rates that are going to continue to go up, that's a really attractive thing to you.

Typically there's a little but of money you have to pay up front, but they usually reimburse you that at the closing table, so it doesn't really cost you anything in the end and it can save you hundreds of dollars, hundreds every month on your loan payments, so if you have not talked to your lender about locking your rates, you really need to, and if you don't have a lender you're already talking to, hit me up, I have tons I can refer to you, but this is overall what you want to 100% do in this crazy market, talk to your lender about locking your rates.

Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why you Should Lock your Rates

Tue, 03 Jan 2023 17:06:00 GMT

Lock your rates, what does that even mean? Well when it comes to mortgage rates, if you've been paying any attention to the market, rates have been all over the map, we have seen them all the way up to seven all the way down to three, they've been all over the map. Why does this make a difference? Because it changes your payment, just a one percent increase in the interest rates can make a significant difference in your payments depending on how much you're financing, but with this craziness of the market, the lenders have gotten very creative and they've allowed you to actually lock your rates. Though what does that mean? That means that you actually get to lock and then in some cases shop for a whole year at that locked rate, well the Federal Reserve is talking about rates that are going to continue to go up, that's a really attractive thing to you. Typically there's a little but of money you have to pay up front, but they usually reimburse you that at the closing table, so it doesn't really cost you anything in the end and it can save you hundreds of dollars, hundreds every month on your loan payments, so if you have not talked to your lender about locking your rates, you really need to, and if you don't have a lender you're already talking to, hit me up, I have tons I can refer to you, but this is overall what you want to 100% do in this crazy market, talk to your lender about locking your rates. Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

WE MERGED WITH RE/MAX!

Mon, 19 Dec 2022 16:07:00 GMT

So I've been asked this question over and over again: "What is this rumor I hear about you joining RE/MAX?" Well, let me tell you the story. So Celebrate has been in business now over over two years and we have loved every single second of it, and we're going to continue, but in today's technology world, the tech costs so much money that I was beginning to realize, we couldn't bring the value to our customers that I wanted to bring. So I reached out to the best, RE/MAX, and I asked what they could do for us. Come to find out, you can run a brokerage inside of a brokerage. Basically, and so the Celebrate team is alive and well, we're still going to operate just like we always have, we are moving location to Garden Street because I live on Garden Street now and it's super close to my place, super excited about that! Then we're just going to be operating as normal, so if you see like a little confusion, I didn't want you to be lost, I want you to know that RE/MAX is the most powerful name in the real estate game, which is why we wanted to partner with them, but Celebrate is not going anywhere, we have you covered because we're still your hometown realtor, as Hometown as Apple Pie. We're just inside a bigger brokerage, no need to worry.

Why to Sell your House Right Before Christmas

Mon, 12 Dec 2022 19:45:00 GMT

It's the holidays! I know, I'm tired, I have my family here, why in the world would I want to put my house on the market? I get that a lot, but let me tell you something I've learned, it's the most amazing trick in the book. You want to list your house right before Christmas, and here's why. People have time to look around, people are looking during Christmas because they're not at work, and the true buyers are just for some reason wanting to look at houses during Christmas. Did you know that I once sold a house on Christmas Eve? No lie, it was crazy because that's when people are out, they're off work, they're ready to look for houses. They're also like I said before the tire kickers kind of drop out of the market so the people who are coming through your house are actual buyers, now let me tell you- this is the best part about that is that Christmas is an emotional time for most people, and houses sell on emotions, you've heard me say that before, so make sure your house is beautiful for Christmas, make it desirable to be there, make me walk in and go "Oh I see Christmas here for myself and my family". That is when you sell your house and you'll get the offer. Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why to Sell your House Right Before Christmas

Mon, 12 Dec 2022 15:25:33 GMT

People have time to look around, people are looking during Christmas because they're not at work, and the true buyers are just for some reason wanting to look at houses during Christmas. Did you know that I once sold a house on Christmas Eve? No lie, it was crazy because that's when people are out, they're off work, they're ready to look for houses.

They're also like I said before the tire kickers kind of drop out of the market so the people who are coming through your house are actual buyers, now let me tell you- this is the best part about that is that Christmas is an emotional time for most people, and houses sell on emotions, you've heard me say that before, so make sure your house is beautiful for Christmas, make it desirable to be there, make me walk in and go "Oh I see Christmas here for myself and my family". That is when you sell your house and you'll get the offer.

Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why The Election Will Effect Your House

Mon, 05 Dec 2022 21:15:14 GMT

It's election day! I know, can you believe it?

Elections are right around the corner and let me tell you, there are tons and tons and tons to choose from this time, well let me ask you this. Do elections affect real estate? The truth is they do, and here's why elections are so important to the way that our economy comes and goes, it affects the stock market it affects the real estate market, it affects you, so we see a real slow down this week in particular, leading up to the elections because people are just not sure what's going to happen, who's going to control the house: the Republicans or the Democrats, what's going to happen?

It gets a little crazy right around election time, so if you have a house listed right now, don't fret, we don't expect to see a lot of showings this week but we do know that once elections are over with, we typically see a skyrocket again as we lead into the Thanksgiving holiday, so don't worry, you got this and go vote.

Well, that was the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why the Election Will Effect Your House

Mon, 05 Dec 2022 16:27:00 GMT

It's election day! I know, can you believe it? Elections are right around the corner and let me tell you, there are tons and tons and tons to choose from this time, well let me ask you this. Do elections affect real estate? The truth is they do, and here's why elections are so important to the way that our economy comes and goes, it affects the stock market it affects the real estate market, it affects you, so we see a real slow down this week in particular, leading up to the elections because people are just not sure what's going to happen, who's going to control the house: the republicans or the democrats, what's going to happen? It gets a little crazy right around election time, so if you have a house listed right now, don't fret, we don't expect to see a lot of showings this week but we do know that once elections are over with, we typically see a skyrocket again as we lead into the thanksgiving holiday, so don't worry, you got this and go vote. Well, that was the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Break the News

Mon, 28 Nov 2022 16:06:00 GMT

How do I tell my neighbors that I'm listing my house? Guys, I get this question all the time, people love their neighbors and it's really difficult, really really difficult to tell your neighbors sometimes. Let me tell you though, it's time to tell them. So we could do a couple of things, right? You could just let the sign go up and there they go, they know about it, I don't suggest that, I think it's a little rude to do, just call them or knock on their door and basically let them know, or bring them a box of cookies, I always bring cookies. Just knock and let them know "Hey it's been great living here but we found this place we really love, I'm so sorry, I'm gonna miss you, can't wait to see you soon." Whatever that looks like, right? Make sure you tell your neighbors, you never want it to be a surprise, it just doesn't fare well when it's a surprise and a shock that you've listed your house. You also might want to consider making sure you tell your family and your friends, by the way- sometimes they can bring in buyers that are really good leads, so don't be afraid to get it all out there, you want to be helpful in getting the word out. I know it feels a little bit like invasion of privacy, but at this point your house has become a commodity, it is not your house anymore, I know, that's hard to believe, it's truly a commodity, no different than anything you buy off the shelf at Target, and we have to make it that way so you start detaching, because you know what I'm gonna sell it. Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Seven Tips for Selling Your Home During the Holiday Season

Mon, 21 Nov 2022 21:04:37 GMT

Listing your house during the holidays is a great time to do so. You’ll get the house in great shape, and you’ll be able to do some decorating while you're at it.

Use these seven tips to help you sell your home during the holiday season.

The thing you have to do is you have to stage your home. You need to stage it for the holidays, put up a Christmas tree, put up the decorations, bake the cookies, make it feel like Christmas, or Thanksgiving, or whatever holiday you're around. People connect emotionally with houses and they feel like this is a feeling of family, they're going to connect with your house- and by the way, I know that a buyer is all the way in when they start looking for where they're going to put the Christmas tree, so help them out, show them where they put the Christmas tree.
Price your home to sell, in this market you cannot be greedy, you got a price to sell, get it right the first time right out the gates.
Make curb appeal your top priority, I'm talking inflatables, don't go crazy with it, but get out the snowman, get out your reindeer, make it beautiful and attractive right from the road.
Keep your property safe for the home buyers, don't go overboard on your decorations, right? If it's Halloween time, don't put overly crazy decorations with spider webs that little kids might pull and get caught in, or at Christmas make sure that you understand that there's going to be little kids probably looking through the house and you don't want things broken, so make sure it is safe for everyone!
Turn on all the Holiday lights, why not? That's super fun and it makes your home look more attractive for the season!
Take professional Real Estate photos, they really make all the difference, we want to make sure that people are looking at your house in a professional light long before they see it in person.
Think about looking at your house the way Santa does from his sleigh, make sure you get aerial photos looking down a the property so that it's an amazing view of the yard and how it's all laid out and even.

Well, there's my seven tips for how to sell your house during the Holiday season. Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Should you Keep or Sell your House?

Mon, 14 Nov 2022 16:10:00 GMT

"I need to get rid of my house", "maybe I should keep it", "I need to put a tenant in it", "I don't know, I don't know" Guys, I hear this all the time "Should I keep the house or should I sell the house?" Well there's a couple things to consider on both sides of the can, because as an investor, your best bet is to keep that house because the market always goes up regardless even in our big dip in 2008, we're way back past where we were during that whole thing. So here's a couple things to think about, though if you're going to keep your house, remember you still have to maintain it, you have to be the landlord, you will deal with tenants which can be crazy, you are going to have to be in charge of that house. Another thing to consider is if you need the equity from that house to then purchase the next house, because a lot of times, well, most of the time where the equity comes from for the next house to be purchased is from the original house, so do you need the equity? A couple of things to consider is if it is best to keep the house and let the appreciation take its course, are you willing to pay the price that it takes to maintain that house- put a new roof on it, new A/C, and so on. Only you can answer that. There's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Should you Keep or Sell your House?

Mon, 14 Nov 2022 15:17:56 GMT

Well- it was red white and pie so I thought 'Okay, I need to give away pie because it's red white and pie'. So I bought a whole bunch of apple pies at Village Inn, went downtown, handed them out, gave pieces of pie, but people kept looking at me like "Why is a realtor giving away pie?" Like they just couldn't put their heads around it, well I'm thinking it's red white and pie, but out of my mouth as one of the customers asked me why, I said "because I'm as hometown as apple pie!", and I thought "Oh that's good", and so I kept it and it has become my slogan ever since, and so with every closing that we have, whether you're a seller or buyer, we give away a pie of your choice from Village Inn.

Last year I bought 102 pies from Village Inn, but nevertheless it became my thing that I'm now known as the Pie Realtor, everything I do has pies on it because I'm as hometown as apple pie!

Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How I Became as Hometown as Apple Pie

Mon, 07 Nov 2022 16:29:00 GMT

If you follow me on social media at all, you know they call me the Pie Realtor. Well, I thought I might tell a little story of how that became a thing because it's kind of a fun story. So five years ago, this past July, I got my real estate license, I was so excited and I wanted to do the street party down in Titusville, so I did! Well- it was red white and pie so I thought 'Okay, I need to give away pie because it's red white and pie'. So I bought a whole bunch of apple pies at Village Inn, went downtown, handed them out, gave pieces of pie, but people kept looking at me like "Why is a realtor giving away pie?" Like they just couldn't put their heads around it, well I'm thinking it's red white and pie, but out of my mouth as one of the customers asked me why, I said "because I'm as hometown as apple pie!", and I thought "Oh that's good", and so I kept it and it has become my slogan ever since, and so with every closing that we have, whether you're a seller or buyer, we give away a pie of your choice from Village Inn. Last year I bought 102 pies from Village Inn, but nevertheless it became my thing that I'm now known as the Pie Realtor, everything I do has pies on it because I'm as hometown as apple pie! Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How I Became as Hometown as Apple Pie

Mon, 07 Nov 2022 15:08:53 GMT

Last year I bought 102 pies from Village Inn, but nevertheless it became my thing that I'm now known as the Pie Realtor, everything I do has pies on it because I'm as hometown as apple pie!

Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

The Future of Real Estate

Mon, 31 Oct 2022 16:29:00 GMT

I can see the future. The future of real estate, what is the future of real estate? The market is going all over the place, I've heard so many different stories, prices are coming down, interest rates are going up, buyers are jumping out of the market, now buyers are jumping in the market, sellers are asking too much- oh my goodness, who knows? But I will tell you this one thing- the future of real estate is in the small brokerages, the mom and pop, the boutique brokerages that give great customer service and serve you as a customer. Well I know it's tempting to look at these big companies who come in, they make you an offer and you just write a check for your house and that's all fine and good, except you leave a lot of money on the table and the stories I hear is stories of frustration and aggravation because you're dealing with a big company like Walmart, you're not dealing with a small brokerage or a small company like celebrate, that's why I'm committed to keep my broker small and to serve my community well because I want to be where you feel like you can walk in at any moment and be greeted and be part of our family because Celebrate Real Estate will say "It's where you belong", well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

The Future of Real Estate

Mon, 31 Oct 2022 13:53:03 GMT

Well I know it's tempting to look at these big companies who come in, they make you an offer and you just write a check for your house and that's all fine and good, except you leave a lot of money on the table and the stories I hear is stories of frustration and aggravation because you're dealing with a big company like Walmart, you're not dealing with a small brokerage or a small company like celebrate, that's why I'm committed to keep my broker small and to serve my community well because I want to be where you feel like you can walk in at any moment and be greeted and be part of our family because Celebrate Real Estate will say "It's where you belong".

Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Boost your Credit

Mon, 24 Oct 2022 15:18:00 GMT

Credit consolidation. 1-800 Fix Your Credit Now, is that the right thing to do? Let's talk about it a little, so when you're looking to purchase a major purchase whether it's a house, a car, or what have you, your credit definitely needs to be in order. Now the great thing- right now you can get an FHA loan here in the state of Florida with a credit score of around 540. We've talked about this in other videos that not all credit scores are the same. So look for that, but I want to talk about a few things you could do to fix your credit score- that's right, you can do it. So a couple things you might want to consider doing if you have a low credit score is to get one of those prepaid cards, they report every month's payments just like a regular credit card. So it's building your credit, it's important to start doing that. Secondly, don't go and open an account that's really big, and don't close an account- you think "Well I paid everything off I'm going to close it, that'll improve my credit score" It doesn't. It actually drops your credit score by closing an account anytime you have major things. They're looking for longevity, so if you're thinking about buying a house in the next two three four five years, do it now. Get the longevity going so that you have credit history, which actually weighs a lot in your credit score, so I believe a perfect credit score is somewhere around 820, so we want to make sure that we're boosting you way over the 500 mark. I actually saw a credit score once in the 200's, I didn't even know that was possible! The last thing that I'll tell you is if you're under contract or if you're ready to buy a house or anything like that, you don't do anything to your credit, don't go buy a new truck, don't let something go to collections, don't do it. The saddest story I ever had is that we had a family, it was Christmas, it was such a great time of the year to buy a house, they were so excited to about getting into the new house for Christmas the week of closing- I kid you not, they had a $20 bill from the hospital go into collections, they didn't pay- dropped their credit score by a hundred points, they lost the house, it was literally one of the saddest things I've ever seen, there was no way to recover from it and there was no way for them to get a mortgage. Twenty dollars to collections- that's all it took to drop by 100 points. Stay on top of your bills. If you have questions, reach out to me, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Boost your Credit

Sun, 23 Oct 2022 16:50:12 GMT

We've talked about this in other videos that not all credit scores are the same. So look for that, but I want to talk about a few things you could do to fix your credit score- that's right, you can do it. So a couple things you might want to consider doing if you have a low credit score is to get one of those prepaid cards, they report every month's payments just like a regular credit card. So it's building your credit, it's important to start doing that.

Secondly, don't go and open an account that's really big, and don't close an account- you think "Well I paid everything off I'm going to close it, that'll improve my credit score" It doesn't. It actually drops your credit score by closing an account anytime you have major things. They're looking for longevity, so if you're thinking about buying a house in the next two three four five years, do it now. Get the longevity going so that you have credit history, which actually weighs a lot in your credit score, so I believe a perfect credit score is somewhere around 820, so we want to make sure that we're boosting you way over the 500 mark. I actually saw a credit score once in the 200's, I didn't even know that was possible!

The last thing that I'll tell you is if you're under contract or if you're ready to buy a house or anything like that, you don't do anything to your credit, don't go buy a new truck, don't let something go to collections, don't do it. The saddest story I ever had is that we had a family, it was Christmas, it was such a great time of the year to buy a house, they were so excited to about getting into the new house for Christmas the week of closing- I kid you not, they had a $20 bill from the hospital go into collections, they didn't pay- dropped their credit score by a hundred points, they lost the house, it was literally one of the saddest things I've ever seen, there was no way to recover from it and there was no way for them to get a mortgage. Twenty dollars to collections- that's all it took to drop by 100 points. Stay on top of your bills.

If you have questions, reach out to me, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Interest Rates are RISING!

Mon, 17 Oct 2022 15:13:00 GMT

So I was just looking at interest rates and mortgage rates are on the rise yet again, it's actually predicted that by the end of the year they're gonna be up even more than they are right now which is kind of a scary thing if you're a buyer, because as you know interest rates make a huge difference in how much you're able to afford to buy a house just a slight tweak in the interest rates can mean a difference of 10, 20, even 100 payment in your monthly payments, and so let's talk about that for a minute: so we have some builders who are offering some amazing incentives on interest rates that we can definitely introduce you to. DR Horton's one of our favorites, they have amazing programs right now to get you into a brand new home with a rate lock but there's a brand new product out that the lenders have put together that completely address this whole rate increase ordeal we're going through right now, and basically what you can do, you can pay just a few hundred dollars, lock your rate now and you can have up to a year to shop to find the houses that you want and then you get that money back once you buy the house. Sounds like a pretty good deal to me, because we know rates are going up and so let's lock those rates at the low rates they are today knowing full well that you'll then have a year or so to shop for the perfect home for you and your family, it's a bargain let me tell you. If you have interest in this, just give us a call and we can definitely hook you up with one of our local lenders who actually has a program so that you can have peace of mind that the rates are not going to jump on you. Well, there's the scoop- Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Interest Rates are RISING!

Sat, 15 Oct 2022 15:01:01 GMT

DR Horton's one of our favorites, they have amazing programs right now to get you into a brand new home with a rate lock but there's a brand new product out that the lenders have put together that completely address this whole rate increase ordeal we're going through right now, and basically what you can do, you can pay just a few hundred dollars, lock your rate now and you can have up to a year to shop to find the houses that you want and then you get that money back once you buy the house.

Sounds like a pretty good deal to me, because we know rates are going up and so let's lock those rates at the low rates they are today knowing full well that you'll then have a year or so to shop for the perfect home for you and your family, it's a bargain let me tell you. If you have interest in this, just give us a call and we can definitely hook you up with one of our local lenders who actually has a program so that you can have peace of mind that the rates are not going to jump on you.

Well, there's the scoop- Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Guarantee Coverage on Your Property

Tue, 11 Oct 2022 15:45:00 GMT

So you're renting a house, you love your house, it's amazing, but you have things of your house that have value to them that your landlord's homeowner's insurance would not cover if they were damaged. For instance: tablets, laptops, TV's, computers, you name it, you probably have it in your home. Well the other day, my son was talking to his new insurance company and they actually were telling us about rental insurance, and I thought "Oh, I need to tell my audience about this" because I was really surprised to learn that for a hundred dollar deductible, you can have renter's insurance that literally covers you if you have a theft incident, damage of these items from a hurricane, or something that damages your stuff, you have coverage if someone breaks into your house and steals your stuff, you have coverage if there's a fire, you have coverage if you take your tablet into your car and it's stolen. Your renter's insurance will cover it, it's crazy. Here's the best part, the policy he got was like 20-25 dollars a month, it wasn't that much money, and boy- the peace of mind and coverage. So even if you're at the right place right now where you're renting a home, I would really advise you to consider looking into renter's insurance because it really is an amazing policy, and not expensive, you won't regret it! Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Guarantee Coverage on Your Property

Sat, 08 Oct 2022 14:48:16 GMT

Well the other day, my son was talking to his new insurance company and they actually were telling us about rental insurance, and I thought "Oh, I need to tell my audience about this" because I was really surprised to learn that for a hundred dollar deductible, you can have renter's insurance that literally covers you if you have a theft incident, damage of these items from a hurricane, or something that damages your stuff, you have coverage if someone breaks into your house and steals your stuff, you have coverage if there's a fire, you have coverage if you take your tablet into your car and it's stolen.

Your renter's insurance will cover it, it's crazy. Here's the best part, the policy he got was like 20-25 dollars a month, it wasn't that much money, and boy- the peace of mind and coverage. So even if you're at the right place right now where you're renting a home, I would really advise you to consider looking into renter's insurance because it really is an amazing policy, and not expensive, you won't regret it!

Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Does Fall Hurt the Value of my House?

Mon, 03 Oct 2022 16:38:39 GMT

Happy Fall, y'all! That's what they say down here in the South, let me tell you, the Fall is a great time to put your house on the market and let me tell you why, because these leaves- these amazing leaves, what do they feel like? Home, right?

And so buying a house is so emotional that things like fall decorations or even Christmas decorations make you fall in love with a house, they make you fall in love with the idea that one day your family might actually come in and celebrate fall here, and so think about this as a time of the year that's highly emotional. We added things like apple cinnamon candles, right? Cinnamon brooms, who doesn't love a good cinnamon broom from Publix?

They're the best, right, and so all of these things add value to the house, not necessarily the value the appraiser is going to give you because they're just black and white, but the value that someone looking for a house is gonna love, so if they walk through and your house is beautifully decorated for the fall, but it's pretty similar to the house across the street that is not decorated, guess what, they're probably gonna pick yours for the simple fact that it feels like home, and you know as Dorothy said, there's no place like home.

Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How Your Neighborhood Affects YOU!

Tue, 27 Sep 2022 16:24:07 GMT

I once took this listing, it was so scary, the house itself was amazing, but next door.. it was definitely a hoarder house, it was crazy, so I mean the trees were grown up and over growing on top of the house, there were abandoned cars in the driveway, I can't even imagine what the inside of the house looked like, it was obvious that there was no power to the house. My guess would be that there was no running water, but there was actually people living there and my sellers were so concerned and I thought "They're right to be concerned, this affects the value of your house", and so you know what I did?

I got on the phone with the city and I said "Dude, we have some violations over here" and I tell you what, code enforcement was amazing, they came over and made sure that the house got cleaned up- it didn't get cleaned up all the way, but it was much better than before! All I could think about was the rats that were running back and forth, it sounded awful.

Let me tell you, neighborhood matters. I have a really good friend who is like the mayor of her street, she makes sure everything is done by code enforcement- by the way, did you know that we have put laws down about how you can't have cars on the street overnight, that your grass has to be under a certain length, your trash receptacles can't sit at the road- we have laws, and you are allowed to call the city of Titusville and say "Hey, my neighbor hasn't done X, it's true, tons of codes that we need to follow as citizens because it does affect the value of your house and that is so important when it comes to selling and making sure your value stays as high as we possibly can, and trust me buyers, they drive neighborhoods, they want to make sure they're in a safe neighborhood that actually has people who care, who keep up their yard.

So stay on top of it, Titusville, you're doing a great job!

Well there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Inevitable Taxes

Mon, 19 Sep 2022 16:19:03 GMT

Taxes, as predictable as death, right? Well what is the market value of your house? What does that have to do with your taxes?

I've had so many people come in and they have their tax things, you should be getting them pretty soon- about that time of the year where you get your tax things and the millage rate and all for your taxes for 2022. By the way, before our accountant, we pay our taxes in the rear so you're just now getting your predictions for 2023, but you're getting your tax bills for 2022.

I see this all the time, Brevard County says my house is only worth 75,000, but I know it's worth 225,000. Count yourself blessed when you look at those tax rolls, you really want your market value to be low because that's your taxable value. Now that changes when you buy and sell a house, it automatically corrects itself, but the great news here is in Brevard County, you can only have an increase of three percent a year, and so if you bought the house in 1962, for seventeen thousand dollars, three percent a year, it's little tiny increments right?

And so your market values may be very low on your tax records, but that doesn't represent what the market will bear for your house what we would list your house for, in fact we don't even look at that because it really has no bearing on the true market value that you need to do a full CMA comparable market analysis that allows us to look at what other houses are selling for around you and what an appraiser would actually give you for your house that gives you the value, but don't be fooled and don't get angry, say thank you instead.

Well- there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Inevitable Taxes

Mon, 19 Sep 2022 16:02:00 GMT

Taxes, as predictable as death, right? Well what is the market value of your house? What does that have to do with your taxes? I've had so many people come in and they have their tax things, you should be getting them pretty soon- about that time of the year where you get your tax things and the millage rate and all for your taxes for 2022. By the way, before our accountant, we pay our taxes in the rear so you're just now getting your predictions for 2023, but you're getting your tax bills for 2022. I see this all the time, Brevard county says my house is only worth 75,000, but I know it's worth 225,000. Count yourself blessed when you look at those tax rolls, you really want your market value to be low because that's your taxable value. Now that changes when you buy and sell a house, it automatically corrects itself, but the great news here is in Brevard county, you can only have an increase of three percent a year, and so if you bought the house in 1962, for seventeen thousand dollars, three percent a year, it's little tiny increments right? And so your market values may be very low on your tax records, but that doesn't represent what the market will bear for your house what we would list your house for, in fact we don't even look at that because it really has no bearing on the true market value that you need to do a full CMA comparable market analysis that allows us to look at what other houses are selling for around you and what an appraiser would actually give you for your house that gives you the value, but don't be fooled and don't get angry, say thank you instead. Well- there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Grow in Real Estate (and What to Do)

Mon, 12 Sep 2022 16:19:00 GMT

Hey, so it might not be a surprise that I actually do okay in real estate, who knew? When I started real estate just five years ago, I thought "I don't even know what I'm doing" but the truth is I have learned how to get leads in such a way that has really been kind of awe-inspiring. I'm really grateful for just all the leads that I get and let me tell you, if you're another agent watching this, leads are kind of easy to come by, but you just have to work them, and so it's all about being mayor of your town, right? Well, I should say the unofficial mayor of your town, because I don't want to be a mayor, but I've made myself get to know this place, I know what buildings are going up, I'm part of the chamber of commerce, I know exactly where the different things are happening, I have the community events, like all these things kind of make you the mayor of your town and people reach out to you and want to know like "Hey, what do you recommend for a painter?" "Who do you recommend for a hair stylist?" I've had it all, "Who do you recommend as a pediatrician?" It's crazy, but it's because I've got to know my town, I go to the council meetings, I make sure that I show up for things, I know who the players are, and I've done that on purpose, it was not on accident, and so if you're looking for another way to maybe get leads for your business, I'm telling you to get involved in your community, it is the most important thing, and guess what? Giving back to your community is high up there too. Just be kind, just reach out, one of our schools needed pool noodles this week, so I went on amazon and got some for like $30 and had them shipped to the school and guess what? Now the school thinks I'm some sort of hero. It was super easy and it's my responsibility to give back to my community. Go find some new leads for whatever your business is, bring them in, and love on them. Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

How to Grow in Real Estate (and What to Do)

Sun, 11 Sep 2022 16:09:01 GMT

Well, I should say the unofficial mayor of your town, because I don't want to be a mayor, but I've made myself get to know this place, I know what buildings are going up, I'm part of the chamber of commerce, I know exactly where the different things are happening, I have the community events, like all these things kind of make you the mayor of your town and people reach out to you and want to know like "Hey, what do you recommend for a painter?" "Who do you recommend for a hair stylist?" I've had it all, "Who do you recommend as a pediatrician?"

It's crazy, but it's because I've got to know my town, I go to the council meetings, I make sure that I show up for things, I know who the players are, and I've done that on purpose, it was not on accident, and so if you're looking for another way to maybe get leads for your business, I'm telling you to get involved in your community, it is the most important thing, and guess what? Giving back to your community is high up there too.

Just be kind, just reach out, one of our schools needed pool noodles this week, so I went on amazon and got some for like $30 and had them shipped to the school and guess what? Now the school thinks I'm some sort of hero. It was super easy and it's my responsibility to give back to my community. Go find some new leads for whatever your business is, bring them in, and love on them.

Well, there's the scoop, Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Are Home Warranties Really Worth It?

Tue, 06 Sep 2022 15:22:00 GMT

So what the heck is a home warranty? You've heard all the hype, you've gotta get a home warranty, but what does that mean? There's a lot of different types of home warranties that are out there, and lots of companies that do them. For instance, did you know that as a seller, you could actually get a home warranty that would warrant everything in your house during the selling process? So let's say your dishwasher breaks, you would pay a simple deductible for like a hundred dollars, and they would come out and they would fix your dishwasher, that's a pretty good deal, right? It's a possibility if that's something you're interested in, if you are a buyer, this is where we see the majority of our home warranties. They run between six and seven hundred dollars depending on the company and depending on what you get with it, that will cover the house from top to bottom for a year, now this is for usually your major appliances, so refrigerators, A/C unit, water heater- things like that, so if you're buying a house and you don't want a lot of expenses that first year, a home warranty might be the way to go. There's two different ways to do it, you can buy it as the buyer to protect yourself, or you can ask the seller to buy it for you, we're seeing a little bit more of that as the market has begun to shift and the sellers have less and less power and the buyers are getting a little bit more power back to be able to make some negotiations when it comes to buying a home. Now there's actually a third category with home warranties, and I know an investor who does this, they put a home warranty every year on every house that they own, and that way if there's something that happens, if the dishwasher breaks for them, the tenant simply pays $100 and they come out and fix it and they have no maintenance on any of their homes, it's an interesting concept. Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Are Home Warranties Really Worth it?

Sun, 04 Sep 2022 15:15:07 GMT

For instance, did you know that as a seller, you could actually get a home warranty that would warrant everything in your house during the selling process? So let's say your dishwasher breaks, you would pay a simple deductible for like a hundred dollars, and they would come out and they would fix your dishwasher, that's a pretty good deal, right?

It's a possibility if that's something you're interested in, if you are a buyer, this is where we see the majority of our home warranties. They run between six and seven hundred dollars depending on the company and depending on what you get with it, that will cover the house from top to bottom for a year, now this is for usually your major appliances, so refrigerators, A/C unit, water heater- things like that, so if you're buying a house and you don't want a lot of expenses that first year, a home warranty might be the way to go.

There's two different ways to do it, you can buy it as the buyer to protect yourself, or you can ask the seller to buy it for you, we're seeing a little bit more of that as the market has begun to shift and the sellers have less and less power and the buyers are getting a little bit more power back to be able to make some negotiations when it comes to buying a home.

Now there's actually a third category with home warranties, and I know an investor who does this, they put a home warranty every year on every house that they own, and that way if there's something that happens, if the dishwasher breaks for them, the tenant simply pays $100 and they come out and fix it and they have no maintenance on any of their homes, it's an interesting concept.

Edna Wilson, your Hometown Realtor, as Hometown as Apple Pie.

Why YOU Need an Agent

Mon, 15 Aug 2022 15:11:00 GMT

Imagine the day that you get keys to a brand new house, you're the first person to ever even walk on that carpet, how amazing is that? Do you need an agent though? Really? I mean like can't you just walk in and sign the paperwork and just be done? Well, you could, but the truth is you need an agent when it comes to buying new construction, you do, because here's what happens, you walk in, you sign the paperwork, no one's looking it over (unless you're a real estate attorney or you have a lot of real estate experience) like you probably don't know what you're signing, right? You don't know the things to look for, you don't know that you could actually have an inspection on new construction and make sure you get warranty items fixed, you don't know about the different things behind the scene that they might not tell you, like the fact that a lot of builders offer incentives for you to buy, it could literally cost you money to not have an agent, but at the end of the day, who's representing you? I can guarantee you that the agent working for that builder is not representing you, you really really really should have an agent when you go into new construction, and by the way, the seller pays that cost, not you. It doesn't even cost you anything. Welp, there's the scoop, Edna Wilson your Titusville Hometown Realtor, as Hometown as Apple Pie.

Why YOU need an agent

Fri, 12 Aug 2022 17:04:36 GMT

Well, you could, but the truth is you need an agent when it comes to buying new construction, you do, because here's what happens, you walk in, you sign the paperwork, no one's looking it over (unless you're a real estate attorney or you have a lot of real estate experience) like you probably don't know what you're signing, right?

You don't know the things to look for, you don't know that you could actually have an inspection on new construction and make sure you get warranty items fixed, you don't know about the different things behind the scene that they might not tell you, like the fact that a lot of builders offer incentives for you to buy, it could literally cost you money to not have an agent, but at the end of the day, who's representing you?

I can guarantee you that the agent working for that builder is not representing you, you really really really should have an agent when you go into new construction, and by the way, the seller pays that cost, not you. It doesn't even cost you anything.

Well, there's the scoop, Edna Wilson your Titusville Hometown Realtor, as Hometown as Apple Pie.

How to Buy a House in a Seller's Market

Mon, 08 Aug 2022 17:05:26 GMT

How to buy a house in a seller's market, it is possible, well, believe it or not, here we are more than halfway through 2022, and it is still a seller's market, and it's going to be that way for a while.

So what does that mean to you if you're looking to buy a house? Well you have to know exactly what the seller wants in order to make sure that your offer stands out above all the other offers, and so there's a way to do that- well, a couple different ways.

One, have your agent talk to the other agent to find out what's important to the seller because we just don't know until we ask, and it could be a closing date or it could be that we want more cash down, or that "Hey, we want house cleaning services on our new house that we're about to buy."

These things are real, this happens, I literally had a lady request six months off the meal prep that you get in the mail, you know what I'm talking about, SIX months of meals, and guess what- we did it. We did it because that's what the seller wanted, that's what you do, that is how you buy a house in a seller's market, you don't go below asking price, you stand strong, and you find out what the seller wants because that's what is important in this market.

Well, there's the scoop, Edna Wilson your Hometown Realtor, as Hometown as Apple Pie.

How to Buy a House in a Seller's Market

Mon, 08 Aug 2022 15:05:00 GMT

How to buy a house in a seller's market, it is possible, well believe it or not, here we are more than halfway through 2022, and it is still a seller's market, and it's going to be that way for a while. So what does that mean to you if you're looking to buy a house? Well you have to know exactly what the seller wants in order to make sure that your offer stands out above all the other offers, and so there's a way to do that- well, a couple different ways. One, have your agent talk to the other agent to find out what's important to the seller because we just don't know until we ask, and it could be a closing date or it could be that we want more cash down, or that "Hey, we want house cleaning services on our new house that we're about to buy." These things are real, this happens, I literally had a lady request six months off the meal prep that you get in the mail, you know what I'm talking about, SIX months of meals, and guess what- we did it. We did it because that's what the seller wanted, that's what you do, that is how you buy a house in a seller's market, you don't go below asking price, you stand strong, and you find out what the seller wants because that's what is important in this market. Well, there's the scoop, Edna Wilson your Hometown Realtor, as Hometown as Apple Pie.

How To Know if Your House is Ready

Mon, 01 Aug 2022 17:06:00 GMT

Your house is ready to show, everything's ready. Well- wait, you think it's ready but then what if it's not ready? So how do you know when your house is ready to show?

Well there's definitely two trains of thought, one is to get it like a model, right? No family pictures, make it super clean, nothing anywhere, but that's only one school of thought.

The other school of thought is a little different, and here's what I think, I think a house calls an emotional response, right?

You walk into a house and it just feels like home, that's what we want to create, well, it doesn't feel like home to me if you're looking at nothing, nothing but just white walls and nothing on the cabinets, and that just does not feel like home.

So, I coach my clients to say "Listen, let's go ahead and leave up the family pictures, let's leave up the Kitchen-Aid on the counter, let's do little things like wipe the refrigerator of all the magnets because it just looks neater, right? Let's put away toothbrushes and toothpaste and get the shampoo bottles out of the bathroom, but let's make it feel like home." Another big trick I do is burn the wax and candles, the smell of home is so important and it's what you want to create.

Let's throw the throws over the bed, let's throw the pillows around, make it feel like a home, and a buyer will definitely fall in love.

How to Know if Your House is Ready

Mon, 01 Aug 2022 16:16:00 GMT

Your house is ready to show, everything's ready. Well- wait, you think it's ready but then what if it's not ready? So how do you know when your house is ready to show? Well there's definitely two trains of thought, one is to get it like a model, right? No family pictures, make it super clean, nothing anywhere, but that's only one school of thought. The other school of thought is a little different, and here's what I think, I think a house calls an emotional response, right? You walk into a house and it just feels like home, that's what we want to create, well, it doesn't feel like home to me if you're looking at nothing, nothing but just white walls and nothing on the cabinets, and that just does not feel like home. So, I coach my clients to say "Listen, let's go ahead and leave up the family pictures, let's leave up the kitchenaid on the counter, let's do little things like wipe the refrigerator of all the magnets because it just looks neater, right? Let's put away toothbrushes and toothpaste and get the shampoo bottles out of the bathroom, but let's make it feel like home." Another big trick I do is burn the wax and candles, the smell of home is so important and it's what you want to create. Let's throw the throws over the bed, let's throw the pillows around, make it feel like a home, and a buyer will definitely fall in love.

Home Warranty

Mon, 25 Jul 2022 15:29:00 GMT

So what the heck is a home warranty? You've heard all the hype, you've gotta get a home warranty, but what does that mean? There's lots of different types of home warranties that are out there and lots of companies that do them, for instance did you know that as a seller you could actually get a home warranty that would warrant everything in your house during the selling process? So let's say your dishwasher breaks, you would pay a simple deductible for like a hundred dollars, and they would come out, they would fix your dishwasher, that's a pretty good thing, right? If you are a buyer, this is where we see the majority of our home warranties, they run between six and seven hundred dollars depending on the company and depending on what you get with it. That will cover your entire house from top to bottom for a year, now this is for usually your major appliances, so refrigerators, A/C unit, water heater, things like that, so if you're buying a house and you don't want a lot of expenses that first year, a home warranty may be the way to go. There's two different ways to do it, you can buy it as the buyer to protect yourself or you can ask the seller to buy it for you, we're seeing a little bit more of that as the market has begun to shift and the sellers have less and less power and the buyres are getting a little bit of power back to be able to make some negotiations when it comes to buying a home now. There's actually a third category with home warranties and I know an investor who does this, they put a home warranty every year on every house that they own and that way if there's something that happens, if the dishwasher breaks for them, the tenant simply pays $100 and they come to fix the dishwasher, they have no maintenance on any of their homes, it's an interesting concept. This is Edna Wilson, your hometown realtor, as Hometown as Apple Pie.

Home Warranty

Sun, 24 Jul 2022 17:06:26 GMT

So let's say your dishwasher breaks, you would pay a simple deductible for like a hundred dollars, and they would come out, they would fix your dishwasher, that's a pretty good thing, right? If you are a buyer, this is where we see the majority of our home warranties, they run between six and seven hundred dollars depending on the company and depending on what you get with it.

That will cover your entire house from top to bottom for a year, now this is for usually your major appliances, so refrigerators, A/C unit, water heater, things like that, so if you're buying a house and you don't want a lot of expenses that first year, a home warranty may be the way to go.

There's two different ways to do it, you can buy it as the buyer to protect yourself or you can ask the seller to buy it for you, we're seeing a little bit more of that as the market has begun to shift and the sellers have less and less power and the buyers are getting a little bit of power back to be able to make some negotiations when it comes to buying a home now.

There's actually a third category with home warranties and I know an investor who does this, they put a home warranty every year on every house that they own and that way if there's something that happens, if the dishwasher breaks for them, the tenant simply pays $100 and they come to fix the dishwasher, they have no maintenance on any of their homes, it's an interesting concept.

This is Edna Wilson, your hometown realtor, as Hometown as Apple Pie.

Getting an Appraisal

Mon, 18 Jul 2022 17:07:05 GMT

So you've been told it's time to get an appraisal, now what? What even is an appraisal?

So an appraisal is funny- - it is someone's opinion about what your house is worth, that's really all it is.

I know it sounds scary and it sounds official, and it is official, and it can be scary but you know part of what they say, back in the crisis of 2008 was that part of the problem was that appraisers were just rubber stamping houses and saying "Yep, that's worth $400,000." "Yep that's worth $300,000", well that's gone away and one of the ways it has gone away is that mortgage companies now just kind of put out a pool and say "Hey we have an appraisal" and then an appraiser grabs it and goes and does the appraisal, so it's always almost like a lottery system of who's going to do the appraisal.

Now if you were my customer, one of the things that I would tell you to do is to make sure that you're there with the appraisers there to talk to the appraiser about what upgrades you've done and you're super nice to them. I joke about it all the time, the appraiser plays god in this situation right?

They determine the value of the house, so we want to make sure that we show the value, especially in a crazy market like we are in right now, we're trying to justify a lot of these values because even though you have closings around you, it's hard to price a house right now- we've talked about that in other videos.

It is so hard for the appraisers as well, so we want to make sure that the appraiser has all the equipment that he or she needs to go in, and to figure out the value of that home, and all of that comes from you the seller because the appraiser might not know that you just put in (give or take) $5,000 of new insulation up in the attic, right?

They might now know that those hurricane impact windows you just put in are only a month old, it makes a difference and you get value from that, and that's going to help us get your purchase price to match the loan price of the person buying the house. Now someone's buying your house with cash, guess what, they hardly ever get an appraisal, there's no need to, who cares, it's what the market will bear right?

Thank you for reading, if you have any other questions, be sure to contact me !

Getting an Appraisal

Mon, 18 Jul 2022 15:04:00 GMT

So you've been told it's time to get an appraisal, now what? What even is an appraisal? So an appraisal is funny- - it is someone's opinion about what your house is worth, that's really all it is. I know it sounds scary and it sounds official, and it is official, and it can be scary but you know part of what they say, back in the crisis of 2008 was that part of the problem was that appraisers were just rubber stamping houses and saying "Yep, that's worth $400,000." "Yep that's worth $300,000", well that's gone away and one of the ways it has gone away is that mortgage companies now just kind of put out a pool and say "Hey we have an appraisal" and then an appraiser grabs it and goes and does the appraisal, so it's always almost like a lottery system of who's going to do the appraisal. Now if you were my customer, one of the things that I would tell you to do is to make sure that you're there with the appraisers there to talk to the appraiser about what upgrades you've done and you're super nice to them. I joke about it all the time, the appraiser plays god in this situation right? They determine the value of the house, so we want to make sure that we show the value, especially in a crazy market like we are in right now, we're trying to justify a lot of these values because even though you have closings around you, it's hard to price a house right now- we've talked about that in other videos. It is so hard for the appraisers as well, so we want to make sure that the appraiser has all the equipment that he or she needs to go in, and to figure out the value of that home, and all of that comes from you the seller because the appraiser might not know that you just put in (give or take) $5,000 of new insulation up in the attic, right? They might now know that those hurricane impact windows you just put in are only a month old, it makes a difference and you get value from that, and that's going to help us get your purchase price to match the loan price of the person buying the house. Now someone's buying your house with cash, guess what, they hardly ever get an appraisal, there's no need to, who cares, it's what the market will bear right? Thank you for reading, if you have any other questions, be sure to contact me!

Closing Day!

Wed, 13 Jul 2022 18:35:00 GMT

It's closing day! Now around here we call that pie day, what can you expect? Let's talk about it! So closing day is the most fun day right? It's the day you hand over the keys, or you get the keys (depends on what side of the table you're on). Since Covid we no longer close all together, buyers sign, the sellers sign, sellers hand the buyers the key. That's basically it, so the paperwork you're signing loan docs, the deed, you're signing all these types of things, the mortgage satisfaction notice, telling them how to wire your funds to you, it's just a great day of celebration. Now in the state of Florida, we're not an attorney state which means that we actually go to title companies for the most part, we call a title company an escrow agent, you might have heard that too. We actually act kind of like an attorney in this situation, we handle all the research, all the paperwork, make sure the titles are clean, make sure the permits are closed out. We do a lot of good work, but make sure you have a good title company that doesn't charge you a lot of crazy fees.
(Watch on YouTube: https://www.youtube.com/watch?v=A3Jb_eoKnYo )

The Changing Market

Tue, 05 Jul 2022 18:24:00 GMT

So if you have been paying attention, you would know that the market has turned, well- sort of. There's been a definite difference in the market, we're feeling it, showings have slowed down, buyers have slowed down, and that's due to a lot of different reasons, interest rates have gone up, but you know what you don't know is that it's not going to stop there, it's such true demand for housing and lending is still super strict,, so it's good, I'm not going to create that bubble that we saw in 2008. nope, we're going to continue to go on and we're going to continue to have housing price increase but not the level we've seen before, so we talked about this on here before, but what I wanted to tell you was watch new builders, new builders especially, one's like DR Horton and some of these other great builders, they're actually probably going to start doing a sentence again because I've noticed that they started calling me and asking me if I do have buyers to bring. I tell you what, six months ago, you couldn't even get close to buying a brand new house, but now interest rates are a little bit higher, things are a little bit tighter, gas is ridiculous, and so people are actually pulling back, which gives you the opportunity, because six months ago it might have been impossible for you to buy a house, especially if you had to finance it, well the doors are opening and that's great for you as a buyer, so watch what happens when all these great homes come in and they start doing incentives again, because I have a feeling it's about to happen, and that's the perfect time to buy a new build, and by the way, make sure you have a real estate agent who represents you in that transaction.

Different Agents

Mon, 27 Jun 2022 15:12:00 GMT

What the heck is a buyer's agent? Showing agent, real-time agent, I don't know! There are so many different types of agents, how do you even know who does what. Let me tell you, what I do here at my practice at Celebrate Real Estate is being a transaction broker, which means that I can work any type of transaction, buyer or seller, it doesn't matter, that's the way the state of Florida needs it, but I realized real soon that there was only one of me and there's a lot of you, and so I needed to kind of expand myself some way, and so I opted to have a buyer's agent, so while many of you have worked with me, you've met Marjie, she is my buyer's agent, she is my partner in crime, she helps me show you houses faster. It's really a great thing because if you see a house in the market and I'm not available, she can run and open the door for you, in fact her whole job description is open doors, love on people, that's her whole job, I still step in to do the hard negotiation to mitigate any problems, but that truly is her entire job, and that is what a buyer's agent does, open doors, love on people.

What is Your Home Worth?

Mon, 20 Jun 2022 15:20:00 GMT

What is your home worth? Who the heck knows, right? All of us check these automated estimators online, your mortgage company sometimes will have an automatic estimator, let me tell you, we've talked about it before- they're not always right. Though, they're not always wrong either, so the only way that real estate agents really totally know what your home's value is, is we take a home tour, we walk through it, we look around, we know what appraisers are going to look for because we look at appraisals all the time, so we know what the appraiser will give for a pool- by the way do you know any ground pool- the screen is only worth about fifteen thousand dollars, crazy right? I know you it costed you $120,000 and you're only gonna get fifteen thousand. That's a whole other video about what a good investment with your money is, but at the end of the day, we know that these things are truly what helps in getting pricing points, but truthfully the market is super hot. What do you want for your house? What is it worth for you to sell? Those are the questions your real estate agent should be asking you.

Moving Day!

Mon, 13 Jun 2022 15:28:00 GMT

Moving tips, it's moving day, you are ready to move but what the heck am I doing? That's what most of my customers say, like this is so stressful, it doesn't have to be stressful, my goal for you is to start at least seven days before moving and you just take a room a day and just unpack it, it's super organized, simply label the boxes, my big tip for you is use your towels as packaging, I know, it's a weird idea, but it really works and it really helps. This is much better than paper, and it's much more eco-friendly because you know, save the planet, but you want to make sure that you are wrapping things, that you're doing it room to room, and you can level on your boxes "long term" and "short term", and the reason I do that for myself, I'll sometimes put just an S, or an L, I just know that the short term stuff has to be unpacked right now, my toothbrush, the frying pans, coffee maker, the things I need soon, I put an S on it. Now that I'm a little older, I just say hire a mover and let them do it all for you, but sometimes movers are just too expensive, but if not, there you go, those are some easy tips that can help you get through moving!

How to Find the Perfect Tenant

Tue, 07 Jun 2022 12:23:00 GMT

How to find the perfect tenant, okay, you've been the decision, you've jumped in, you finally have your amazing rental property, you put it out there, but how do you find a tenant for it? What do you even look for? Well let me tell you what I look for when I help homeowners find tenants, the first thing is I always look at criminal history, we want to make sure we don't have someone that has constant drug usage, or violence, or anything dangerous. So number one, look at criminal history, we look at credit score. I personally look at it a little loosely on credit score, because it happens right? You might have a medical bill, just look for the reasons, make sure they don't have bad credit score because of something small. The next important thing is that I look at income, at celebrate real estate we want to make sure they have triple the income every month coming in of what their monthly mortgages or monthly rental payment is, and so if your rental is 2,000 a month, they've got to make at least 6,000 a month, that's just a good rule of thumb to make sure that they have enough money so you don't end up with a tenant who doesn't pay.

What is the Purpose of an Open House?

Tue, 31 May 2022 15:18:00 GMT

Hey, so have you noticed that there's been a lot more open houses lately? I've been noticing it. It seems like there's signs everywhere you turn, but what is the purpose of an open house? I get that question a lot, so there's actually two purposes of an open house, and this is kind of an inside secret that you might want to listen close to. The first purpose is of course to promote your house to bring people in, to invite all your neighbors so they tell other people who tell other people, get the word out, it's partly marketing, but the inside secret that you might not know is that open houses are mostly for the real estate agent, it's one of our best resources to finding new buyers and new sellers who might want to enter the market, and they walk into an open house and then we get to have a conversation with them, so little secret, it does benefit the seller a lot, and it benefits the real estate agent a lot too.

What You Should Know Before Selling

Mon, 23 May 2022 15:22:00 GMT

Okay, you see the market is crazy, all these different brokerages that have these automatic estimators on their site tell you that your house is now worth twice what you paid for it four years ago, it's probably true, your house is probably worth twice what you paid for it five years ago. So you're ready to sell, well, what does that look like? There's a few things you should know before you put your house on the market, first of all, renovations, not all renovations are needed. Don't start renovating things that you "think" a potential buyer might like, you don't want to do that. You want to look for safety issues, so the way the market sits right now, we're looking more for safety issues like if the roof is at the end of its life, the A/C is at the end, water heater, electrical panel box. Those are all things that buyers are looking for, and more than buyers, buyers' insurance companies are looking for that as well. I know it seems a little impossible, but it is true unless you get a clean four point and those things are up to date. They might not be able to get insurance which is a reason they could not buy the house or potentially no one can buy your house, that is definitely a problem, but that said, if you're ready to put your house on the market, I would ask you to look around, make sure it's clean, decluttered, and that you look like there's so much room in this house.

How to Make Moving Easier

Mon, 16 May 2022 15:21:00 GMT

Moving is a pain in the butt, there's just no other way around. I just recently moved and I will tell you, it's painful, and we did it the easy way, we hired movers, so I can't imagine what it feels like- - well, I can, because I've done it. Moving does suck though, but there's some easy ways to think about how this is happening. So one thing I say is always focus on where you're going, think about the happy place, think about the new adventure you're about to embark on, and all the perks of moving to the new place, right? You've got to stay with your mindset there or else you get super bogged down. I also try to unpack a room a day, when you move, you just unpack a room a day, right? Probably bedrooms and kitchen first, them get to the living room, do not rush it all in one day, there's no time limit on when you have to unpack right? Then I also say purge before you go, you need to purge that other house, don't pack and move stuff that you don't need, stuff that you haven't touched in six month: out it goes. If you don't love an item, get rid of it. Keep your eyes and mind on a goal and it'll make it so much easier.

Your House Could Be Worth More!

Mon, 09 May 2022 16:23:00 GMT

Mr and Mrs seller, your house is worth half a million dollars. That is my conversation almost daily, as you walk into someone's house and they think "Oh my house is worth two hundred thousand" I'm like going no look at the numbers, it's worth like five hundred thousand, but you know just recently I was talking to an out-of-town agent who was going to list a property here in Titusville even though they're from elsewhere, and it was crazy because he told me the price of the house and I'm like "I'll buy it for that price" He didn't know the area, he didn't know the comps, he didn't know what he was talking about to be honest. It's super important to go hyper local when looking for an agent, and I see this when I talk to people and they're just blown away at the house pricing, and it makes all the difference in the world, you could potentially lose 20, 30, 50, 100 thousand dollars if you're not listing with a local agent who knows the market and knows the trends, and by the way it's no longer that we can just look at the past comps, that's good and all and that's what appraisers look at, but we got to be looking forward, follow me on this, Brevard County has jumped 19% in value since January first, now think about that so if your house is worth a hundred thousand dollars, that means your house is now worth $119,00 four months later, can't make that out of one job can you? So multiply that by two, three, five hundred thousand and you can imagine the amount of equity you have just since January. The market is moving so fast and you've got to be hyper local to know exactly what's happening.

When is it Better to Rent?

Mon, 02 May 2022 17:40:00 GMT

Don't buy your own home, I know, real estate is saying "Dont buy your own home" That's a crazy thing. Though did you know there are actually times where it is better to rent? When I was quiet young in my journey through adulthood, I remember listening to Larry Roquette, who was the predecessor to Dave Ramsey, and Larry used to say "There are times that you do not want to buy a house, especially if maybe you're a single mom, or if you're just coming off some big traumatic financial situation that happened to you, and there's some sure advantages to renting, so let's talk about that for a minute because you'll probably never hear that on a real estate post, right? Though sometimes when you rent, the nice thing is if something breaks, you don't fix it, if something goes wrong, you're not responsible, you're not carrying insurance if you haven't kept up with insurance right now in the state of Florida, insurance has gone mad, most policies have doubled if not tripled in price, and so it's a little bit of a crisis right now with insurance. Now I suspect that people who are renting houses, the landlords will eventually pass that cost on to the tenants, but there's some true maintenance costs when you own a home and so consider that as you're looking at your overall financial income and what works for you,

How to Get Your Offer Accepted

Mon, 25 Apr 2022 17:11:00 GMT

Snickers are very satisfying, this is the way you get your offer accepted. Well- - you kind of bribe them a little bit, but you offer these sellers things that they want, so you need to find out from the listing agent: "What does the seller want? Do they want a quick closing date? Do they want snicker bars? Do they want Hello Fresh delivered for six months? Do they want the house to be left with furniture?" I don't know what they want, there's all sort of crazy things sellers want, sellers typically have three motivations, either because they're buying their house or because they're emotionally connected to it too. They have basically been looking for the bottom line right?

The Truth About Your Shingles

Mon, 18 Apr 2022 17:14:00 GMT

Do you have a 30-year guarantee on your shingles? You probably do, but the truth is, it has nothing to do with the reality, there is no real guarantee on your shingles in the state of Florida. Your shingles don't last more than maybe 17 to 20 years tops, and right now with the way homeowners insurance is, they're really cracking down on that, so here's what your shingles have to do with your insurance policy. We are seeing more and more insurance companies send adjusters out into the field to just inspect your home, if they feel like your roof is too old, trust me they will ask you to replace it, and they will not be nice about it. They'll typically give you 30 to 60 days to say "New roof, now". So be very careful about 1, what roof contractor you picked, we always have a list if you need it, and make sure you don't get scammed, there are definitely ways to get a new roof at either a competitive price, or maybe even your insurance company will cover it, it just depends on if there's been damage in your area or not, but just know, your roof does have direct contact with how much your insurance policy is and how much you need to pay, so if you have any further questions, don''t hesitate to reach out to me.

Why You Should Wait

Mon, 11 Apr 2022 15:48:00 GMT

Hey, don't pack your bags just yet if you're under contract, there's a lot of things that can happen with this contract and let me tell you about it. So inspections could go terribly wrong, that would be awful, but it happens somtimes. Buying a house is a lot like dating and even though you're ready ot buy the wedding dress, sometimes they're not the one. So you're going to have to wait, don't pack your bags just yet, let's get through inspections, let's make sure we get that septic tank inspected, if it's an older home, you want to make sure those pipes are good underneath the house, that's a 20,000 dollar repair all day long, so you get that done, then you make sure you get loan approvals, don't do something crazy like buy a truck in the middle of buying a house, it will throw down your credit score, it'll throw up your debt ratio, don't do it! Things happen and then on the seller's side, you just never know. A contract is a contract, but it's not a done deal until everyone signs and money exchanges hands, that's when you should pack your bags.

Cameras and Audio

Mon, 04 Apr 2022 15:22:00 GMT

"Oh my gosh, can you believe they just said that?" Hey, so did you know that when you're looking at houses, the seller is watching you on their ring doorbell? I promise you they're listening to everything you say, so here's what I want you to know, don't give away your price point, don't talk about how much you love the house, in fact you can do a little reverse psychology, I'm like "oh this house is awful" knowing deep inside that you love it, let me tell you this, make sure you know that where you see it or not, assume you're on camera, and assume the seller is listening to you at every time that you walk through a house, because it happens, you'll give away all your secrets.

House Searching Dress Code

Mon, 28 Mar 2022 17:35:00 GMT

Dress code for looking at houses, I get asked all the time, what should I wear? Well let me tell you, you don't want to wear high heel shoes, and you don't want to wear dresses, because it is a lot of work looking at houses, so I tell you what, I take my hair, I put it up like this, then we go hunting. What we're doing is hunting, we're looking at tons of houses, some have construction, so wear close toed shoes, not sandals. It is a lot of walking, an average buyer will look at between 10 and 15 homes in their search, that's a lot of houses. Make sure you bring a bottle of water, have a quick little snack, and that you are ready to go. By the way, leave the kids with grandma, there is no reason to bring kids on showing if you can help it, leave them at home.

Pool Value

Mon, 21 Mar 2022 15:00:00 GMT

Hey! Edna Wilson here, your hometown realtor, as hometown as apple pie! Do you love to swim? I do! You know what; in-ground pools have great value when it comes to reselling a house, but did you know that above ground pools can have good value too? Now I'm not talking about the Walmart pools for $299, no, those do not count, not the ones where you just pop up the little PVC rods together, that has no value. Now some buyers really like those, and so therefore, they have attraction, but they have no value, but some above ground pools really have value, if the above ground pool is sturdy, it's high-end, it's all metal, it has this great pump system, with it, it has this in-ground wiring and plumbing and maybe some pavers or decking all the way around it, it actually does have value. Not as much as an underground traditional concrete or fiberglass pool, but it definitely brings value to the property, and it also brings a lot of value to simply desirability, right? So I recently saw a pool that was 24 by 24, it was a huge in-ground pool that they had actually sunk into the ground and put pavers around it, it was gorgeously landscaped and everything and sure enough you know the appraiser gave them value for that, so don't discount above ground pools, especially if you make them super pretty.

It Doesn't Have to Work Out

Mon, 14 Mar 2022 15:25:00 GMT

Hey! Edna Wilson here, your hometown realtor, as hometown as apple pie! Well as you know I've been doing this whole real estate thing here for a couple of years now, and it's been an amazing ride, but let me tell you, every once in a while, it doesn't work out. I know, shocking, but I want to tell you two stories, one positive, one not so positive, every once in a while you just can't sell a listing and it just doesn't work out, and for some reason, you do all the marketing you know how to do, you do all the promoting you know how to do, yet it's just not working out. And I hadn't come to the realization that it's almost better for the customer sometimes to transfer agents, so I did this recently, how to transfer a listing, I had to get another agent because I just couldn't get any buyers on it, and sure enough it sold. You know, what's funny is that the same thing happened to me, I had a listing not too long ago that was on the market for six months, couldn't sell, transferred it to me, and it sold the first day. It's funny how things just happen like that some times. It's not a reflection of the agent, it's a reflection of the market and what the market's used to seeing, it just makes a difference in how people come and go and how they look and how they search and I don't get all the analytics to it, but I know that sometimes it just happens.

Equity

Mon, 07 Mar 2022 18:52:00 GMT

Hey! Edna Wilson here, your hometown realtor, as hometown as apple pie! Today we're going to be talking about equity. If you bought a house in the past, you probably have equity in your house. The market is booming and that is so good for all of you buyers and sellers. I cannot tell you how much fun it is, but let's think about this. So if you trade up, right? If you buy another house, and I hear this all the time "Oh I'd love to sell my house but where am I going to go, I can't afford anything." Well the truth is, you probably can, because all you're doing is swapping equity. So follow me on this one, if you find a house for $250,000 and now the same house is worth even $450-500,000 you can buy a $500,000 house, have the same mortgage amount, pretty much the same payments, and you're just swapping equity. You're just taking equity from house 1 to house 2. Your payments don't change, your loan balance doesn't change, and if the market crashes, my biggest question for you is: where do you want to be?Watch the rest of this video here: https://www.youtube.com/watch?v=p3eUbqsO1UY

The History of Titusville

matt@advancify.com (Matt Agnini) — Tue, 22 Feb 2022 00:09:40 GMT

How to Price Your House

Tue, 15 Feb 2022 00:17:29 GMT

Hey! Edna Wilson here, your hometown realtor: as hometown as apple pie! Today we're going to be talking about how to price your house in this explosive real estate market, it is so important that you don't look at past data like too far back, right? You have to be current, you have to be looking at when you list your house, how many people are viewing, how many people are saving like all that information, it's so important because in this type of market we have to be nimble. I'm always going to push the limit to get you the most money for your home. Always. But we have to be realistic in what the market is telling us. I always say the market is a woman, she's very fickle and she'll tell you exactly what she thinks, bu twe have to be able to read those signs, so as your real estate agent, I am always online, I'm always looking at how many people are saving, how many people are sharing, how many people are favoriting, and how many people are talking to their real estate agents, and you should too.

Watch Full Video on YouTube:

https://www.youtube.com/watch?v=S0NkBRAvY0w

Escrow in Florida

Tue, 08 Feb 2022 00:35:53 GMT

Hey! Edna Wilson here, your hometown realtor. This week we're going to talk about escrow money in the state of Florida. Escrow in Florida is that good faith money, it's money that you're going to put in with the title company to hold that house for you. Now let me tell you, in the due diligence period of your inspection period which is typically 7-10 days, you can back out of that contract for any reason. Like you don't like the house actually, or you buy another house, your dog dies, you break your leg, whatever it is, you can back out in those first few days of the inspection period, but after the inspection period is over, you're committed, you go all the way through the entire thing. The only reason you would get that money back is if something happened with the financing and you couldn't get financed. Now as a seller, think about this in the state of Florida, we typically see a thousand dollar escrow deposits typically. Well if you come all the way up and Billy and Bob decide not to buy the house three days before closing, guess what, you're out a lot more than a thousand dollars. You're already packed and ready to move and you have the movers ready to come and now the house isn't closing. Always think long and hard before you take a small escrow deposit.

The Truth About Zillow

Mon, 31 Jan 2022 00:47:47 GMT

Hey! Edna Wilson here, your hometown realtor, as hometown as apple pie. Let's talk Zillow one more time (NOT), we're going to talk about it a lot more. It drives me crazy when I hear people say "Zillow has nothing to do with the sale of my house or the value of my house or the buy-" What makes you think Zillow has nothing to do with your house? First, let's talk zestimates, now we've talked about this before because they are typically wrong, they cannot determine what updates have been done to a house they can't determine if it's a condo, a house, a townhouse, or a trailer, it just sees the price per square foot, and throws it all together. So zestimates definitely affect your buying power or your selling power because the buyer doesn't want to pay over zestimate, and sometimes you sellers want to go with zestimate when assessment's not right.

Finish Video on YouTube:

https://www.youtube.com/watch?v=EBryDGtbZSk

The Hallmark Bug

Tue, 25 Jan 2022 01:02:57 GMT

Hey! Edna Wilson here. Alright guys, you've seen HDTV right? You've watched fixer upper and all the craziness that goes on, you watch all that stuff right? Well let me tell you, on TV when they have a fifty thousand dollar house, they put twelve thousand dollars a shiplock in it and they turn around and sell it for $500,000, that's fantasy. Just like if I was on the beach and having some guy kiss me and my hair's all perfect, fantasy right? That's the way the Hallmark movies go right? My hair's perfect- - no, the truth is if I had some guy kissing me on the beach, I got crabs biting my toes and I got sand flees coming up my legs, I'm just telling you, that's the way it really is. So remember, there is no magic Hallmark moment when it comes to buying a house super cheap, throwing a bit of lipstick on it, and selling it for $500,000, that doesn't exist. You've been bit by the Hallmark bug if you think that's correct.

So You Wanna be a Realtor?

Tue, 18 Jan 2022 01:11:38 GMT

Hey! Edna Wilson here. So you wanna be a realtor? Alright guys, it's the truth about what a realtor actually does, I can't tell you how many phone calls, emails, and messages I get saying "Hey I'm thinking about getting my Real Estate license." That's fantastic news! Well let me tell you first some of the things you need to know. You do not get to set your own schedule, in theory, your clients set your schedule they're the ones that tell you "Hey this house just came on the market I want to see it today." And if you don't go see it today, guess what, you've lost the sale. Next, you can't work part-time hours and earn full-time money. So many people think that they can work part-time and earn $100,000 a year, it's just not possible. It's also not as easy as just filling out the blanks, you've got to know (start to finish) what you're doing, these are legal documents that you're putting together. Lastly, every friend that you have is NOT obligated to buy or sell a house through you. When people get their license, they think "All my friend will use me." That is NOT how it goes.

FSBO - What is it?

Tue, 11 Jan 2022 01:15:53 GMT

Hey! Edna Wilson here, your hometown realtor, as Hometown as Apple Pie. Today we're going to be talking about "For Sale By Owner". That big phrase you might see all the time, FSBO. What does that mean? That means that someone wants to sell their house but doesn't really want to work with a realtor because they feel like they can do it themselves, and some people CAN do it themselves, but most cannot. But, be a good cheer all you buyers out there. A lot of the time, these for sale by owners will list them on things like Zillow, or other websites like Trulia, and the great thing is, many times they will cooperate and let you as a buyer be represented by an agent. That's where I come in, so basically you and I would go and we would talk to the seller and we would say "Mr. or Mrs. seller, would you let me represent this buyer at this transaction?" They usually pay for that, then I just work the transaction like I would for any other transaction, I would go through the same proccess as every other.

Holidays (And What You Should Do)

Mon, 20 Dec 2021 01:21:54 GMT

Hey! Edna Wilson here, and today we'll talk about if it is time to list your house. I know, it's the holidays and that can get a little crazy, but let me tell you the truth, holidays are one of the best times to either buy or sell a house, and here's why. Number one, the buyers who are on the market right now are always serious buyers, so if you're a buyer, that's good news for you. That means that there is less competition, we're not seeing five or ten offers on properties right now, we're seeing less. For sellers, now is also a good time because people who are buying are actually serious this time around and they really want to buy a house. Whether you're a buyer or a seller, now is a good time to do either. One more thing, holidays bring out a lot of emotions in people, and people buy houses on emotions, not logic. All that being said, I think holidays are one of the best times to be either buying or selling houses.

5 Things I Love About Titusville

Mon, 13 Dec 2021 01:29:05 GMT

5 Things I love about Titusville! Let me tell you, we have such crazy things here. Over the next year, I will be sharing some of my favorite things, but right now I thought I should share my top 5 with you today. Number one, black point wildlife refuge. Always my favorite, me and my kids always used to go out and look for alligators and other wildlife that lives there! My second favorite thing in town is probably Dogs 'R' Us, I love supporting local restaurants, and the first weekend of every month, they have a roll-in of all of these amazing cars. Another thing I love about Titusville is the Fox Lake craft shows! All these local artists come in and you can buy from them and appreciate their work and it just makes me want to spend too much money, I love it. Another thing I love is the downtown street parties held here, tons of venders come in and share their crafts, talents, and food, and it's just a wonderful time. Number 5 on my list is definitely the Titusville Playhouse, if you haven't gone to the Titusville Playhouse, you are missing out, I have no idea where they find all this talent from but let me tell you, you have got to get tickets to a show this year., and that concludes only 5 of the many things I love about Titusville.

Dangers of Real Estate

Mon, 06 Dec 2021 01:35:27 GMT

Danger, danger, danger! I'm going to tell you about my most dangerous listing that I've ever been on. So this house that I had the listing for had been sitting pretty vacant for a few years and it was not finished, it wasn't dried in, so it was kind of rough in a lot of ways, the seller gave me the key, but the key only fit through the back door, so I had my customers wait for me at the front door and I actually had to climb up this hill, it was crazy. I go through the back door, get all the way to the front door, I put the key in, but before I could unlock it, the floorboard gave away and I fell right through the floor! So here I am, stuck in the floor, I can't get out, I can't reach the door handle, the customers heard me fall and came to help but couldn't get in, they could only see me through the window. Luckily they found a window and got through to help me out, they pulled me out, I was scratched from head to toe. All I could think of by the way was "Was there a snake or an alligator underneath my feet" as my feet were dangling beneath the floorboard. In conclusion, if you think being a realtor is a safe, easy job, I have news for you.

Where I Would be Without Real Estate

Mon, 22 Nov 2021 01:46:19 GMT

Hey, somebody recently asked me, "What would you do if you weren't selling real estate?" And it's funny because as hot as the market's been in the last two years, it's been a hard couple of years, it's just non-stop. There are no breaks at all, it's just going, go, go, go, go. So that gets tiring on a person after a while, and so I thought I might give you a glimpse into where my heart is. You know before I sold real estate, I actually went to Rollins and received a degree in non-profit management and philanthropy, and you might have known this about me because that's my heart- - to give, and to help people who are less fortunate than I am. The crazy thing is, is that real estate has enabled me to take that passion for helping, and turn it into real estate, and it's given me the money to actually give back to the community, and do things like the shoe drive that we just hosted, and now Christmas is coming up and I don't know what we're going to do yet for Christmas but I can't wait to show you all because this is going to be spectacular. So what would I do without real estate? Most likely go back to non-profit work.

Building Relationships in Real Estate

Thu, 18 Nov 2021 01:49:54 GMT

I have a story for you, I know you love my story times (Well, I hope you do at least). Let me tell you about a customer that I met that- it was the darndest thing. So I'm showing a house to another customer, and I was right here on Winchester just down the street, Cathedral Pines, and these people drove by and they stopped their car, and they waved and I waved and I was like "Who are these people?" but come to find out they were just driving through neighborhoods and I had my real estate sticker on my car and so they said, "Hey we're interested in seeing this house." So I showed it to them right away which I often do, and it was crazy because we just connected. Well they ended up buying a house right away, but their mom was moving, so I sold their mom a house, but there was a hurricane that year, so I helped take care of mom because they were back in Tennessee, well then the following year we found them such a great little house. Then this week they called me, their mom had passed away, so I had the opportunity to sell the house. When you connect with people through real estate, you just become friends and part of their life, and I got to help them through yet another hard part of their life, and it just touches my heart. It shouldn't be about the transaction, it should be about the people.

Deed in Lieu

Mon, 15 Nov 2021 01:54:14 GMT

Deed in Lieu, what the heck is a deed in lieu? Well, there are actually lots of terms, so, we're going to be probably seeing more foreclosures hit the market not super fast, but probably in the next five years, and there are different things you can do with foreclosures, one would be deed in lieu. So basically what that is is you tell the bank "Hey, listen. Here are the keys to my house, here's the deed, please don't foreclose on me." It's an option, it wrecks your credit pretty bad, but it is an option so you don't have to go through the pain of the foreclosure process. Another option would be to short-sell your house. This means that if the market turns- which right now this isn't happening to anybody. But if the market were to turn, then you could actually sell your house for less than what you owe on it, and that's called a short sale. So we're selling the house shorter than what we owe and the bank takes the loss and you get off the hook. Again, it wrecks your credit and then there's the big F. Foreclosure.

Hottest Decorating Trends

Mon, 08 Nov 2021 01:57:56 GMT

What are the hottest decorating trends? Well, I just had the opportunity to sit down with one of our premier designers here in Titusville. She was telling me that gray is out, I know! You have to re-paint your whole house. Grey's definitely out, the softer browns, those soft tans, are coming back in, but, here's the good news. White trim is still in, but barn doors are out (although they're kind of fun). Another trend I'm kind a seeing that I'm kind a liking a little bit is instead of doing closet doors, people are doing curtains which is really nice. It makes the closet easier to get in and out of, so that's definitely something I'm seeing more and more of. On top of that, we're definitely seeing granite still remaining to be the trend for kitchens. My customers are wanting granite. Concrete blocks are definitely the number one structure support around here, even though we have a lot of wood-framed houses still being sold. Swimming pools are also at an all-time high, though there is about an eighteen-month wait on getting a pool into your house, you should still consider getting one.

Can You Fire a Real Estate Agent?

Tue, 26 Oct 2021 02:01:09 GMT

Hey! Thanks for joining, it's Edna Wilson here. Can you fire a real estate agent? That's something to think about right there. So you have two different types of agents, right? You have someone who's gonna help you sell a house, and you have someone who will help you buy a house, or maybe the city beach that helps you sell a house to buy another house, that exists too. Can you fire them? And how do you do that? So the question is "Why are you firing them?" Are you firing them because the market's tough and they can't get a contract done? Are you firing them because they're just lackadaisical and they don't actually send you listings? Or ever even call you? It happens. Or maybe they're selling your house and the timeline's taking longer than you think it is because they're not holding open houses and they're not doing the things marketing-wise that you need to do. Well according to our standard far bar contracts, when you sign a listing agreement or a buyer's agreement, you can't actually let go of your agent. The way you do that is you just send their broker an email or letter that just says "I no longer wish to continue this relationship with so-and-so." That is all unless you're under a contract.

Pricing Your House Too High

Wed, 20 Oct 2021 02:07:21 GMT

This week I want to tell you a story about a customer who priced their house too high. It happens, we all get excited about the market being so crazy and I'm not an expert when it comes to pricing houses right now let me tell you because it's just crazy, the market is crazy. I think a house should maybe go for 350, next thing you know we have an offer for 390, right? It's just a crazy market, but that's okay because we still have to look at the comparable, right? We have to look at what the appraiser is going to look at, so we told this customer without a doubt that their house would not sell for more than $190,000, I had a gut feeling about it, well, the customer really wanted to price it high, so they priced it $250,000, and I thought ugh, we're gonna be in trouble, and sure enough, the house just sat even in this crazy market, the house just sat. Very few showings and very little activity. The sellers got really discouraged, it hurt their hearts because it was just so hard to come and just sit every day while everybody else's houses around them were selling, that's hard.

The Time I Got Fired

Mon, 18 Oct 2021 02:11:02 GMT

Hey! I want to tell you today about a time I got fired. What? It's true! So. not too long ago, I took a listing, it wasn't a good fit from the very beginning. I knew that it was not a good fit, too, but I wanted to help these people, so I thought "I'm gonna do it". So, I told the gentleman "Yes I'm all in" got the pictures taken, spent my money, got everything done, went live, and got a contract (offer), but he wouldn't take the offer because now he wanted more money than what they offered what our asking price was which was already ridiculous, and can I tell you, it just spun out of control. It really spun out of control, but you know what? Here's my thing, I think you should trust your gut. I knew from the first time I sat and talked to him it was not a good fit for me, but I didn't trust my gut, I pushed through, I got to be honest with you, it cost me hundreds and hundreds of dollars, because I eat all of that money when a listing doesn't happen, right? If I list your house and I do the photography and I do all the media stuff I do, and do things like this for your house, it comes out of my pocket, and I don't get paid until we close. It was a good lesson: Trust Your Gut.

Realtor Payment

Mon, 11 Oct 2021 02:13:56 GMT

So, it might be a little bit of a mystery to you, but I've been asked "How do you get paid?" "How does a realtor get paid?" That's a great question because it might just be a tad bit confusing. So it changes state to state, but in the state of Florida, typically, the seller pays the realtor fees. So typically realtor fees can range anywhere from 2 1/2% to 5% per realtor per side. So every side typically has two realtors. At the closing table after the whole transaction's done, after I've showed you 100 houses, we listed your house, then the title company will cut a check to the owner who sells the house, and everyone gets paid. Although, when a realtor DOES get paid, it doesn't belong to them, it actually belongs to their broker. That money goes back to the brokerage, and the broker takes some of it, the U.S. government takes some of it, and then the realtor is left.

Can I Still Buy With No Money Down?

Mon, 04 Oct 2021 02:23:57 GMT

So I've been asked quite a bit lately if people can still buy a house with no money down. Granted it's a little more difficult now than it was in 2019 because there were a lot of programs then, but we do have a lender that we work with every day right here in Titusville that actually still has bond money, so you have to qualify for the bond money. So what does that do for you? Well, it's pretty simple. What it does for you is it allows you to have around $75,000 to pay for your down payment. Down payments are typically three to five percent of the cost of the house. Then on top of that, we would have to get the seller to agree to pay some of the prepaid and closing costs. Remember we've talked about other videos that prepay and closing costs are those things you have to pay upfront, so it could be lender fees, it could be homeowner's insurance, it could be your survey, there's lots of things you pay for upfront. Then you consider that prepaid are closing costs. So that is what we would help get the seller to pay for us.

Does Time Still Matter?

Mon, 04 Oct 2021 02:19:20 GMT

I'm a seller, I go on Zillow, and that house has been on the market for forty-five days. Does that really matter? Well, the truth is, it could! Some buyers feel like those days on the market mean the house has been sitting too long, what if something's wrong with the house? A smart buyer would know that maybe there was some price adjustment made at the beginning, or maybe someone just backed out for no reason and it's back on the market. Maybe for some odd crazy reason, the deal just fell apart. So it's back on the market now and has accumulated some days on the market. Y'know, don't tell anyone, but the first thing I do in the morning is I look for those properties on the market that have been there for quite a long time because usually, that's where the good deal is. But I will tell you, every seller has their days, and sometimes sellers panic, and the house is still on the market too long, but if you're a smart seller, you will know that the market really doesn't matter, it's just a matter of how long we can wait till we take the buyer.

Housing Boom is Over

Tue, 28 Sep 2021 02:55:29 GMT

Okay, guys, you've been waiting for it, here is the big headline. Are you ready? Housing Boom is Over! But We Are in No Way Going to a Bust! No, the market is not failing, but it's definitely stabilizing, which is exactly what we want it to do and exactly what we've been predicting it to do. It's no surprise that once the kids get back to school, the market slows down a little bit. Nobody wants to move when they've just put their kids in school, but that's just normal. But I will tell you, don't listen to the headlines. Because headlines do more to terrify than they do to clarify, those are words to live by. So make sure you're paying attention to people who know, people in your local cities, that these things are happening but they're predicted and they're normal and we're still way above where we were this time last year. In fact, the average household in America, the whole country, is a national average. The average house has actually increased by thirty-three thousand eight hundred dollars since January first. Those are some crazy statistics!

Truth About Foreclosure

Tue, 28 Sep 2021 02:42:32 GMT

So it has occurred to me that there's a lot of buzz around town about "I'll wait 'till there are foreclosures." "I'll wait until the forbearance is over with" "I'll w-" Listen, here's the truth about foreclosure. Believe it or not, there's only seventeen percent of the market who's in forbearance right now who will actually ever even see foreclosure and that number is way lower than what we normally have in the foreclosure rate. That's mostly because everyone just about has equity in their house just like we've talked about in the last video. The average American has over two hundred thousand dollars in equity in their homes. So there would be no reason to foreclose. Also, I don't really even participate in short sales right now because a short sale is basically when you sell your house for less than what you owe the bank. That doesn't exist right now, so there won't be short sales, and there won't be foreclosures coming to the market. And even of the few foreclosures that do come to the market, here's what we're going to see: the banks are going to list at current value.

Closing Costs

Mon, 20 Sep 2021 03:07:31 GMT

Today we're going to talk about closing costs. You know I hear so much about "What exactly are closing costs?" Well, there are actually prepaid and closing costs and I have other videos to talk about the buckets of buying a house. I want to kind of exlpore who pays what closing costs. So right on the contract, in the middle, it talks about all the closing costs that are there. So the seller and the buyer have closing costs. Now here in the state of Florida, typically the seller pays their real estate commissions which usually make the selling closing costs a litle higher than the buyer's closing costs. Now sometimes just to get the deal done, the seller will actually pay some of the buyers closing costs, which is fine if that's what the agreement is. So for intance, if the house is listed at $300,000 and the buyer asks you to pay $5,000 of their closing costs, the offer is really only $295,000. That's kind of the way that works. If you do not know what the closing cost is, you need to contact someone right away.

The Market

Mon, 20 Sep 2021 03:02:25 GMT

Time for a little market update! So right now we are sitting in mid-September, and I have to tell you the last two weeks we have definitely seen the steadying of the market. Now don't panic, this is actually good, this is what we predicted from the very beginning. We would start having a correction in the market, that does not mean house prices are dropping, but it does mean we have more inventory, things are sitting on the market a little longer so if you currently have your house on the market, don't panic, this is typical for this time of the year. It just hasn't happened in a while because the market's been so crazy. We totally expect the market to bounce back and we actually expect to have a very very strong October and November. So, no panicking, this is actually good. Now if you're a buyer, this might be the week to go put a contract on something. And I say that because I think for the first time in a long time, buyers have a little more power because sellers are beginning to panic and they're like "Why can't I sell my house in three hours like everybody else?" It's just the market adjusting, and that's not bad.

Why Not to Wait

Wed, 15 Sep 2021 03:12:02 GMT

Just heard today from a potential seller "We're going to wait a few days to see how the offers come in." Well, not always a good thing to do, typically we find that your first offer is usually your strongest offer on a property. Why? I don't really know, but I do know that sometimes that buyer who's been waiting and waiting for the exact match of that property to come on the market sees your listing and they go "That's it!" and they make a really nice, strong offer. I find people who wait typically don't give the best offer and they usually regret not taking the first offer that came in. Now remember when you have an offer, there's always a timeline for when you have to accept that offer. I know that's crazy, but it'll say it right on page one, right at the bottom "This offer is only good through _____ to ______". So that said when you do get an offer on a home you're selling, I would seriously encourage you to take the first offer if it's a good and reasonable offer.

New Construction vs. Existing Home

Mon, 13 Sep 2021 03:20:20 GMT

Today we're going to talk about new construction versus already existing homes. What's the difference? What are the benefits? What are the negatives? Let's talk about it. So whenever you buy an already existing home, there' are a lot of perks to that, so typically things like there's usually a fence already up or there's blinds in the windows, or it's already been nicely painted. Things like that have a great appeal to a home, especially a home that's been well maintained, and it's kind of "broken in" right? So there are a lot of advantages to that, also you don't have to wait for construction, it can just move in which is kind of nice. New construction is a little bit of a different animal, typically a new construction house takes anywhere from 6 to 12 months to complete. You kind of have more input into the process, it can be actually quite stressful to figure out things like "what kind of tile do I want?" or "what kind of bathtub do I want?". But all that said, there are so many things in a new construction that can be more stressful. The benefit is that you're at a brand new house, and your homeowner's insurance is a lot less on a brand new construction because everything's up to the current hurricane code.

Emotions and Buying

Tue, 07 Sep 2021 03:35:22 GMT

So can I tell you about the time that I lost $9,000? What! Yes, and guess what. I tried to sell my own house, and I was a realtor, and I STILL lost the $9,000, so let me tell you this story because it's crazy. So I put my house on the market because I found another house that I loved. Yeah, it had a four-car garage, what do you do, you say yes to your husband, right? So I had to buy it. So I put my house on the market, and then, we get a contract. Actually, we got many offers, it was amazing, and I was like so stupidly excited. So then I went ahead and started negotiating the contract, well this is where everything fell apart because one, I was too emotional, two, I wanted the other house so badly that I didn't care anymore, I just wanted to make sure that I navigated through the first contract so we can get to closing, right? For some reason, I agreed to close on Christmas Eve, what a stupid thing to do, not even the title company was open, and I don't wanna move on Christmas Eve. The buyer's agent comes back and says "Listen, the fence is falling over, we want a $6,000 credit, oh and by the way, this thing is happening in the bathroom we want $3,000 for that." Now I got so emotional that I just said yes, and I began to think (after paying $9,000) "that fence isn't even ours, that belongs to the neighbors." Don't let your emotions get to you, that is so important.

Easement

Tue, 07 Sep 2021 03:31:41 GMT

So I want to tell you a story about what's happening today, we are all the way to closing this fabulous guy's buying this amazing house, we are appraised, everything is perfect, and the inspection's great. We get all the way to closing day, which is today, and when the title company looked at the survey, there's like an outbuilding on the property, and it's in the easement. So what is an easement? It is a place part of the property that the city has determined that they need access to. So even though it's your property, it's actually kind of weird because you can put a shed on it if you want to, but just know the city has the right to move the shed, or to tell you to move the shed or the city has the right to destroy whatever is on that property if for some reason they need to put an electrical pole or a drainage easement or something like that. So it's a part of your property that you'll see in a survey that actually says easement on it. Well, this one we get all the way to the closing table, and there is that outbuilding in the easement, so it has been just the craziest, craziest day today.

Refi

Mon, 30 Aug 2021 03:44:34 GMT

Refi! What the heck is a refi? Let's talk about refinancing your home, so many of you who have all this extra equity in your home probably want to consider a refi. So what does that mean? That means we're going to actually take your existing mortgage, turn it into a new mortgage, at a lower interest rate. So if you have anything worth 4%, you want to talk to my lender, because interest rates are still at an all time low. Now not only can you pull down your payments because your interest rates lower. Even 1% interest rate can make a huge change on your payment. You could cash out some of the money as well! You want to make sure that you're pulling out that money that your investing back into your home. Let's talk about things that are good investments for money, by the way, swimming pools are a terrible investment, but they're so much fun. So, make sure you're talking about "What's the best way to use this money", if you don't cash out, if you just do a refi, your lender can actually talk to you and say "Okay, if you can keep that house another seven years, that saves you (this amount of money)", "If you keep the house another five years you save (this amount of money)". If you're planning on selling in the next year or two, not a good idea to refi.

Title Insurance

Mon, 30 Aug 2021 03:40:03 GMT

Have you ever heard the words "Title Insurance"? What is title insurance? Well, let me tell you about it. It isn't that fancy, but you need it. So title insurance basically is an insurance policy much like your auto or home. It actually covers the title of your house, so why is that important? Well, it is super important so when you buy a house, especially something that's already pre-owned. A pre-owned, basically what this policy does for you is it allows you to make sure that you have no clouds on the title. What's a cloud? Well think of it as a dark cloud, something that makes the property not sellable, so let me give you a scenario. You buy a house, the title company thinks it's free and clear, and you get your title insurance policy, yay! Well, six months later this guy comes up and says his name's Bill and he owns your property. You're like "Excuse me? I own this property, I have the deed." Well, Mr. Bill over here has a will that made that house his and the title company didn't find it because it was never filed in the right place or spot. Well now guess what, it's Bill's house. But oh! You have title insurance, so now it is not Bill's house, because the title company is going to pay Bill off for that house. That's how insurance works, it makes sure that no one can come between you and your house.

Contingencies

Wed, 25 Aug 2021 04:15:22 GMT

Let's talk about contingencies! What the heck is a contingency? What's the difference between pending versus contingent versus backups, what is all that about when you see that on Zillow and Redfin and all those different sites? Let's talk about it. So there's two different categories, contingencies are basically things that have to cleared before we're ready to close, so whether that's financing, inspections, maybe it's the appraisal, depending on what has to happen, those are all called contingencies, so when you see something in Zillow or Redfin or what have you that's marked contingent, that means that there's still things that have to process through until we're ready to close versus a lender or anything of the sorts, appraisals, surveys, all that good stuff. Now when you see that it's just marked pending, that's supposed to mean it's a cash deal and there shouldn't be any contingencies on it, that just means we're waiting for the title company to get the title work done. Now we're ready to close.

HOA's

Wed, 25 Aug 2021 04:11:55 GMT

Today we're going to be talking about those three crazy letters: H O A. What the heck is an HOA? Well, it's a homeowner's association, and what that means is basically there's a governing board of some sort whether it's in a condominium complex (Condo) HOA, or condo board or is in a subdivision. So here in Titusville let's take La Cita for example, they have several HOA's that are happening inside of La Cita. So La Cita itself just to live in the subdivision called La Cita, has an HOA I believe is running around 97 a year, it's not expensive, and it really doesn't have (what I call) teeth to it. It's a low HOA, they're not gonna come through and measure your grass, and like you know- - your mailbox has to be black, it's not crazy like that. Though let's say you live in evergreen which is inside La Cita then there could be more HOA's, so there are more layers of HOA, so if you live in Florencia which is inside La Cita, now that's its own HOA, now they still pay the big HOA all of that 97 dollars a year, but they pay us bigger HOA's a couple of hundred dollars a month for what's inside that subdivision, now that can be used for anything.

Buyer Incentives

Wed, 25 Aug 2021 03:58:50 GMT

Buyer Incentives, what the heck is a buyer incentive? Isn't getting the housing incentive enough? Well sometimes yes, mostly where we see that terminology especially in a market like today because today we're living in a seller's market, is you see that sometimes with your builder, they'll do a buyer incentive. Especially big builders, let's take DR Horton for example. Huge around the nation! They'll have buyer incentives. What that looks like is they're going to pay some of your closing costs or your prepaid. So for example right now DR Horton I believe the last time I checked into had about $5,000 buyer incentives, so basically at closing they're going to give you $5,000 in credit towards your closing cost so that's less money out of your pocket. Sometimes there are buyer incentives where you have to put less down, sometimes they come with a cleaning service for a year, it doesn't really matter, just always make sure you ask the question "What is the buyer incentive?" or "Is there one?"

Mortgages

Wed, 25 Aug 2021 03:48:31 GMT

Let's talk about mortgages. What?! I know, they're not fun to talk about, but you know me, I'm a Dave Ramsey girl, love to follow Dave Ramsey, and I'm going to tell you that you need to pay off your house. There' are a couple of ways for you to do that, you've heard of the old saying "Oh make an extra payment a year, you'll pay off your house, and that's true, on a 30 year mortgage that typically pulls seven to ten years off your mortgage. Now the crazy thing is we've had such low interest rates lately but that's not becoming so much the norm anymore. So my interest rate right now (Don't hate me), is only 1.99%, well, I'm only paying 2% of that money. Does that make sense to pay off early? So then it depends on your goals, you know, I'm getting a little older now, kind of want to retire one day, so I want to have that house paid off before I retire. So for me, it's not about the percentage I saved, it's about the goal of paying off the house for when I retire. It depends on your goals overall, this is why it's super important to sit down with a financial advisor and figure out "What is my goal?".

Reverse Mortgages

Mon, 26 Jul 2021 04:26:33 GMT

You know I get asked a lot "What is a Reverse Mortgage? What are the pros and cons of a reverse mortgage?" So I Googled a little bit and when I kinda got down into the weeds of what reverse mortgages are actually all about. And so Forbes actually says it has about five pros and five cons, we're going to run through this. So one of the pros is that it actually helps you save your retirement. The second benefit is that you can stay in your home. You can pay off your existing home to pay off your reverse mortgage. Know that the IRS will not consider it a tax liability when you start taking the monthly payments out. You're also protected if the home exceeds its value. Some of the cons include the possibility that your heirs lose their inheritance, and it is not free, there is a monthly fee on reverse mortgages. Another con is that it could affect other benefits, so like social security or VA benefit, they're all able to be affected. Lastly, reverse mortgages are very complicated, make sure to get help with these.

Should I Stage My Home?

Mon, 26 Jul 2021 04:20:18 GMT

So I get asked a lot "How should I stage my home to sell it?" or "Should I stage my home to sell it?" So there are a couple of schools of thought on that, I have heard and I have read through all of the many articles that I find is that staging homes actually produce about three times the money you spend on the staging you get back in return on the sale of the home. So if you put a thousand dollars into staging, you would get a three thousand dollar return on that. So worth investing in? Probably. But you know it's funny because, in today's market, things are just flying off the shelves so fast that it's almost not worth the hassle of it, but it does make the house a lot more attractive. Now it depends on what price point your house is also in. So it depends on if you're looking at a million-dollar house or just a hundred-thousand dollar house. It's just different buyers, so the million-dollar house- you might want to consider staging.

Hard Transactions

Mon, 19 Jul 2021 04:30:15 GMT

You know recently I was asked, "Do you ever have hard transactions?" And I had to kind of giggle a little bit because oh my goodness do I? Of course, I do, I've had nightmare ones! I thought I'd take this afternoon to talk a little about one of the situations I've had that was insane, and maybe if you're going through a really hard transaction, this might help! So I had this seller, she had this beautiful home, and we had a buyer who- I gotta be honest with you was kind of squirrely at the beginning, but it was a full price offer, a good contract, and so we took it. Then everything kinda went to Crazyville, so he wanted $50,000 off the price of the home after inspections even though there was nothing wrong with the house. Last minute he bailed on us and got his escrow money back. Afterwards we lost another offer, and then one final time, and it finally was bought by a grandmother and her granddaughter. I just want to encourage you to not sweat it, these things work out.

How Do I Get So Much Business?

Mon, 12 Jul 2021 04:40:00 GMT

You know I'm asked all the time across the nation by other real estate agents "How do you get so much business? It's not normal to list 50, 60, 70 houses in a year." Somehow I've been so blessed and I believe it is because of you! Because of the people who refer to me between my network, between marketing, and just loving on this community. And I know that Titusville is not the biggest city in all of Brevard, but I love this town and I love it ferociously. There's not a better town to be from, where else can you watch manatees swim, dolphins jump, get to see rockets going to space, it's just the most amazing place. Do you know we have a sky diving school and a helicopter school? Totally in love with this town, which I think is also why I get so many referrals, because so many people know that I really do love this place.

Is this Still a Good Time to List My House?

Mon, 12 Jul 2021 04:36:24 GMT

The market is definitely slowing, so I'm having sellers ask me "Is this still a good time to list my house?" Well, that depends. What I see when the market begins to slow or even in a normal summer market, is that a lot of times this is when you really want to put your home on the market, and here's why. A little but less competition because not everyone's listing their house, right? Secondly, we also see that the buyers that are coming through the houses are much more serious. They're not your run-the-mill buyers, right? They're not people who are just like "Eh I have nothing else to do on a Saturday, let me look at houses." They are actually super interested in your home. Also, it's a great opportunity with lots of sunlight and lots of extra daytime to make sure we show your home to more potential buyers, and when I say that, if you don't get off 'till 5 or 5:30, it's probably hard to look at houses during the week because by six it's dark, so in the summertime, we have all the extra daylight and that actually brings us some more buyers as well. Sellers: now is your time.

Carbon Monoxide Detectors

Tue, 06 Jul 2021 04:49:48 GMT

So I get the question a lot: "Do you have to have carbon monoxide detectors in your home?", well the state of Florida does not require that, and actually unless you have a natural gas product inside of your home, you probably do not want them. Where Carbon Monoxide detectors come in handy is closer to the garage where maybe a car was left running and some of that gets into the house, or something along those lines, but if you have natural gas it is definitely required. But in the state of Florida, you're not required to have it regardless. Is it a good idea? Absolutely. Definitely not the law though. Another thing we get asked a lot is about radon gas detectors, and so that's another type of gas. Well here in the state of Florida we do not even have radon gas, that's more of a mountain thing, it actually gets through the bedrock and kind of creeps up into the houses. We do not have that here because let's be honest, we're just sand and coquina, right? So don't worry about getting that tested when it comes to home inspections.

The Slowing Market

Tue, 06 Jul 2021 04:46:24 GMT

Buyers, I have great news! The market is slowing! It's true, these past few weeks we've been seeing a definite slow in the market. I just last week listed four homes and it took days, not minutes nor hours to get offers on those homes. So we're definitely seeing a slowdown in the market, which is nice because buyers, I know you've tried, I know it's been a long journey, I know it's hard and it seems like you can't win but this is good news. Now in summer we always see it slow down anyhow, so we're hoping this is not just a summer thing, but this is actually the way the market's balancing, so inventory's up a little bit, and when I say up a little bit, in Brevard County, we went from 900 listings to 1200 listings, not huge, 300, but if you're one of those 300 people looking for a house and buys that house, 300 is huge, right? So buyers hang in there, the market is changing.

10 Tips for the Perfect Open House

Mon, 28 Jun 2021 04:54:15 GMT

Hey so you've heard all the buzz around open houses, and what creates a great open house? Here are 10 tips to help you and your agent have the perfect open house.

So here at Celebrate Real Estate, we do things called Mega open houses which is a whole other level of open houses. There are 10 basics that you have to do no matter what type of open house you are doing.

1.) Always make sure your lights are on.

2.) Always make sure your blinds are open.

3.) Make sure there's a good smell in your house.

4.) Turn the A/C way down. (68-70 degrees F)

5.) Advertise.

6.) Print out at least 30 signs.

7.) Make sure to smile.

8.) Make sure everyone signs in (For security).

9.) Keep pets out & Leave the property.

10.) Make sure to have fun with it.

By the way, your neighbors are the best word of mouth!

Strategy on Selling your Home

Mon, 21 Jun 2021 05:06:11 GMT

You know it's funny how anybody can sell a house in this market, it's bananas! Anyone can sell it but tell me if your real estate agent doesn't have a very specific strategy on how to sell your home, it's not going to get the highest and best, and that's what we're after right? We never take the first offer right now in this market unless it's just bananas like- - I don't know, 100,000 over asking, I might take that offer, but the truth is we want strategy you know? It's kind of like an Oreo, you can have a big fat Oreo like this if you put the cream on the outside, but it doesn't work, I mean I guess it will still taste like an Oreo, but the truth is you got to have a cookie and then cream, and then cookie again.

That's what makes the perfect Oreo, just like selling your house, we have to have a strategy, we have to have professional pictures, then we have to get bi-folds and then make sure we get to market as a coming soon, I mean there's a whole strategy to lighting up to going live on the market, you don't just throw it on the market. That's crazy to do that because otherwise it just looks like everybody else's, our marketing photos always make sure we have something different to make sure that we stand out from the market, we don't look like everybody else because the whole point is to stand out. We make sure we have open houses. Remember, Oreo, do you have a strategy, or are you just throwing it on the market and hoping for the best?

Why the Pies?

Fri, 18 Jun 2021 05:09:21 GMT

Hey! I'm asked all the time, "Edna, what's up with all the pies?" "Why do you give pies at all the closings?" Well, it's a funny story I thought I might share. My very first month in Real Estate was July many many moons ago, and I was doing the downtown street party here in Titusville and it was red, white, and pie. So I thought in my little marketing it'd be a great idea to give away pies because it's red white and pie, right?

So I'm at the downtown street party and the people were coming up and they're like "Why is a realtor giving away pies? That makes no sense to me." And I just sat there, and I don't know where it came from I just said "Because I'm as hometown as apple pie!" And I thought, "Oooh, that's good, I should remember that." And so I did remember that and started putting it on my marketing slogans and literally yesterday I walk into an office and a guy came around the corner, never met him before, "It's the pie lady!" So the marketing worked I guess. So, my challenge to you is, to make sure that if you have some crazy idea, follow through with it because you want to be different in today's market no matter what you're selling.

Why I Do Real Estate | Edna Wilson's Real Estate Blog

Fri, 11 Jun 2021 05:18:07 GMT

Hey! Edna Wilson here, your hometown Realtor, “As Hometown as Apple Pie” with this week’s Education Corner.

Someone recently asked me “Why do you sell Real Estate? I had to think about it for a minute and I thought about this one deal. It was a townhouse and I had a hard time selling it, a really hard time selling it. The appraisal came in low, it just had all these challenges to it. Nothing to do with the unit, just one of those things that happen. It is what it is, right? Just kept falling apart, and in the meantime, I knew that this particular seller had a lot of rental properties, but not for this one. This one he wanted to sell but we just couldn’t sell it, and at the same time I had this family whose house had burned to the ground and they were having a hard time finding housing I was able to talk to the seller about possibly renting to this little couple and their family and three kids.

Just to give them a safe place to recover from the fire and he agreed, and after a month of helping this couple just not being able to find anything, I was able to hand them keys to this amazing four-bedroom townhome and they were just elated, and I thought “That was one of my favorite moments in Real Estate”, and the funny thing is, I made no money on it, but, man, to hand them the keys, to give them a place to recover, it’s just amazing. Absolutely amazing, and I realized, that’s why I sell Real Estate, it’s because I get to change people’s lives through either selling or buying or renting or giving someone shelter. Amazing feeling. Anyhow, I just thought I’d share my story today of one of my favorite transactions I’ve ever done, and I hope that inspires you to go out and help somebody else today.

Have a great day, this is Edna Wilson, your hometown Realtor, As Hometown as Apple Pie, have a great day.

Foreclosure

Fri, 04 Jun 2021 05:24:54 GMT

Hey! Edna Wilson here your Hometown Realtor as Hometown as Apple Pie, with this week’s Education Corner. Today We’re talking about Foreclosure, Foreclosure, Foreclosure, For Sale, and Foreclosure.

The sky is falling, everyone’s getting foreclosure, well, let’s look at the facts because the facts are what keep us balanced correct? Right now we have 7.1 million people who actually filed for forbearance, that was back in April, right? So we’re coming up to the end of the 18-month forbearance span, so things have to change, right? They either have to be caught up with their payments or they have to go into some type of repayment. Now the government is making it very hard on banks to just foreclose on people, they’re not allowing that, and I don’t see that happening any time soon because everyone’s still kind of gun-shy from the collapse of 2008, correct? So banks don’t want to make that mistake again so the banks don’t want your house honestly so what we know is that 160,000 of those homeowners have already exited the program just because they were high risk, they weren’t really going to do the forbearance stuff anyhow. That’s a very small percentage of the 7.1 million, right? They’re just like “we’re out”. So out of that, that just leaves just shy of seven million people, most of them have already caught up.

More than 50% of them have already caught up on their back payments, or they’re in a very strict repayment plan and actively doing that. So that brings us down to like 3.5 million that are still in forbearance that is still working through it, and out of that, most of them have a tremendous amount of equity in their home, so they’re not leaving them, they’re not just abandoning their home as they did in 2008, there just wasn’t enough equity, so they had to walk away. This time they had equity to sell, so all the predictions are for the national board of realtors that there is not going to be a foreclosure pandemic exit thing again. It’s going to be taken care of and we’re not going to see that big foreclosure spread across the nation which is actually very healthy for the market, we don’t want that. All right, hope that explains a little bit more about foreclosures, I’m Edna Wilson, your hometown Realtor, as Hometown as Apple Pie.

What is a Broker

Tue, 01 Jun 2021 05:28:15 GMT

Hey, Edna Wilson here your hometown realtor as hometown as apple pie with today’s topic!

You know recently I just became a real estate broker and I’ve had people ask me “what does that mean.” Do I do loans now? Let me explain a little about it because its really not that much different from being a realtor, except that I’m kind of the boss.

When you become a real estate broker that means we were able to open our own real estate firm. It also means you’re responsible to have agents underneath you and it’s just another destination designation to be a realtor. So, you have to have so much time underneath your belt. You have to go through another set of classes, and you have to pass the state exam again. You have to get new background checks… It’s a big deal.

That doesn’t mean that brokers don’t do real estate though, they do real estate just like a real estate agent does. They’re just more experienced and they have a little it more responsibility when it comes to the board of realtors, and what they require from you.

So I hope that clears that up. The difference between a realtor and a broker. Again I’m Edna Wilson your Titusville hometown realtor as hometown as apple pie!!

Always Trust your Gut

Mon, 24 May 2021 05:37:30 GMT

Hello, Edna Wilson, your hometown realtor as hometown as apple pie here! In today's blog, I will be talking about why you should trust your gut and a past experience I had that I wish I had trusted my gut. If you liked this content, be sure to check out my other blogs!

I wanted to share one of my failures with you today. I took a listing and I thought this is going to be a great listing but in my gut, I knew it wasn’t going to go well. I just knew from the things the gentleman was saying, it wasn’t going to go well, I did not listen to my gut which is a bad business decision. I listened to my pocketbook and I thought “oh this is a great listing I should take it”

The truth is at the end of the day the whole thing fell apart and I lost a whole bunch of money. So I think my inspiration for you today is to just remind you to trust your gut always and don’t necessarily always jump for money, but trust yourself that there’s always something bigger and better. The problem is when you take a deal that you know is going to be just really time-consuming and really bad, it pulls you off deals that are ready to serve or to be served to people who really need your help. Instead, I'm out there spinning my wheels on a listing I’m never going to sell because the seller is just being too unrealistic. He only wanted a full-price cash offer, which closed in 2 weeks, and that’s just not happening in a luxury market. It was a luxury home.

You know I really messed up and I should’ve listened to my gut and just walked away and just wished him the best, but I didn’t, so my inspiration for you today is to think about where you are saying your yesses and you're no’s because sometimes the best no could open doors to lots of yesses.

Titusville

Fri, 21 May 2021 05:43:11 GMT

Hey everyone Edna Wilson, your hometown realtor as hometown as apple pie. Today we’re going to be talking about Titusville.

I've been asked a lot, what are the best neighborhoods in Titusville, and I don’t know if there is a best vs worst. It depends on what you are looking for. Which is why it is a huge advantage when you have someone from Titusville, like me, who was born and raised here. I grew up in every back road I learned to drive down Grissom parkway because there was nothing else. I also learned to drive down Rainey before there was any La Cita country club, because it was just dirt roads. That’s where my dad used to take me. But let me tell you, each subdivision is so different.

You have Sherwood, which is known for their amazing Christmas décor, they are kinda crazy out there. They do Christmas lights like crazy! They do Halloween like crazy. They are just known for their community togetherness.

Now some people (like my husband) hate all that and so he wants to live in Windover which is where we actually do live. Everyone has at least an acre. No one really sees each other, which drives me crazy but he loves it. So that’s a different type of living.

Then we have Hickory Hills. It is just a quiet, wonderful subdivision where everybody kind of just looks out for each other. You see a lot of people running and walking in the mornings.

We have Royal Oak. I grew up most of my life in Royal Oak. Its just this quiet nice little community where they have lots of garage sales and neighborhood block parties and things like that.

Then you have other subdivisions like whispering hills behind the old Kmart. The houses are very affordable, and the neighbors really look out for one another. Its just quiet and nice and ou can let your kids run down the street and really not worry too much about it.

So those are just some of the ideas of neighborhoods, but it depends on what you’re looking for. If you’re looking for something with an HOA, I’d recommend La City, who really looks out for their people. Your grass is cut every week and every house is being taken care of. To some people that’s a big deal. I want to make sure that you get that type of subdivision.

So there are a lot of different subdivisions around Titusville, each one carrying their own unique ideas of what should be and what shouldn’t be in a neighborhood but that’s why it’s very important to have a hometown realtor, such as myself, to take you around to all these different subdivisions so that you know exactly which subdivisions would fit your lifestyle.

What kills your home value?

Wed, 12 May 2021 05:50:41 GMT

Hey! Edna Wilson here with today’s topic. What kills your home value…

So there are definitely a few things you need to be aware of when you’re thinking about remodeling your home, for potentially selling it at a later date. Here is my list…

Number one; flooring. My daughter often says “This house has a flooring crisis” which is so true, so a lot of times we like to go find bargains at lowes. It's like “hey here’s 200 square feet of this tile on sale for a dollar a square foot”. That’s great and all but if you start piecing it together where this flooring is different than this flooring this creates confusion and actually makes your house look much, much smaller than it really is. So really opt to have a house that’s full of the same flooring. It really makes a huge difference.

The next is converting the garage. People want garages! Don’t convert your garage, especially without a permit. I find it very difficult to sell a house that had a garage that has been converted. People don’t like it and even though you have all this extra square footage you don’t get the same value for it because it's just converted space and it doesn’t make sense to most buyers.

Next up is remodeling but leaving the existing floor plan. So there’s a thing in real estate called functionally. That basically means that the house no longer functions as today's family likes. So if you’re going to redo a kitchen take down a wall. I you’re going to redo a family room take out the sliding glass doors. If it's an extension don’t leave the house where it's all chopped. You’re going to want to take down wall after wall after wall. I promise you, you’ll get your money back on that one. But then you know at the same time people will also take a four-bedroom and turn it into a two-bedroom because they want to take that bedroom and make it a part of a larger living room. So you want to make sure you’re taking down the right walls when you take down the walls. Don’t decrease the number of bedrooms you have. Four-bedroom houses are REALLY difficult to find. Keep your rooms!!

Also, don’t forget when you’re doing this to also leave your yard. Don’t put so many sheds in your backyard to where there's no more yard. Don’t put play structures or gazebos where there's no yard to play in. This actually will hurt the value of your home TREMENDOUSLY.

So think about those things as you start to remodel. Please call me before you start a big remodeling project and let's talk about your home value and what would get you the most bang for your buck when you’re ready to sell.

Again my name is Edna Wilson, Your hometown realtor right here in Beautiful Titusville Florida!

How to choose the right offer

Mon, 10 May 2021 05:54:54 GMT

Hi everyone. Edna Wilson here your hometown realtor as hometown as apple pie with your education corner. Today we will be discussing how to choose the right offer. So, you put your house on the market and you have multiple offers, which is happening right now. How do you choose the right one not all offers are created equally. That’s right. Lets talk a little more about that.

Just recently I was in a situation where we had nine offers. Nine offers!! That’s absolutely crazy. So, we had to go through and dissect which offers made the most sense for my sellers. It was kind of difficult how we processed through that. First we went through and saw who was the highest offers, because that’s what we want right? We’re here to make money. BUT just because it’s the highest offer doesn’t mean it’s the BEST offer. We went through and gathered and we picked the top 3 that we felt like were really good solid offers. The way we determined that was the price that they were offering to the terms and conditions. Are they going conventional? Are they cash? Is it a VA loan

Each of these present different problems or different benefits. The second thing is the ones that we looked at were contingent on financing which means that were getting a loan. We had to really look at who the lender was because not all lenders are created equal. We wanted to make sure it was a local lender who really got the job done who has a good reputation here in town. That made a difference on how we went about choosing that. And by the way, your agent should call those lenders and make sure they’re qualified. You’d be shocked that you can find out if you call the buyers agent of the buyers mortgage agent and just say hey so tell me about this lender or tell me about this buyer, and they’ll tell you it right there in the contract. They’re allowed to do that. That’s crazy but you didn’t know that.

Lastly, remember its your house. You’re in control. You pick the closing date. You pick the terms. You’re going to pick the offer and the amount that we’re asking for. You get to pick it all. That’s what you need to remember most and forefront is that you’re in control, because its your house.

Well I hope that was educational and helpful. If you have any questions please reach out and call me!

Inspections

Fri, 07 May 2021 06:00:23 GMT

Hello everyone, Edna Wilson here, your hometown realtor as hometown as apple pie, with this week's new blog. That is right. This week we will actually be talking about some really interesting things. As far as what to look for during an inspection.

So, when you buy a house, you are going to have a home inspection. Basically, an inspector is going to go through the house. They are going to look at all the things. And this report is usually around 50 pages long, even on new construction. Their job is to find every little teensy tiny detail that is wrong with that house whether it is a cracked light switch or an outlet that’s not grounded correctly. Literally, anything that is wrong with the house. Now as a buyer, you might want everything fixed but in the state of Florida, we use as-is contracts which mean you’re buying the house as is so whether the house is 50 years old we really don’t want to go through and nitpick the poor seller to death. All we're doing is looking for the big things. So, what are the big things? Basically, the four points are plumbing, electrical, roof, and ac/heat. Those are the four things that really, we have to pay attention to. The question now is why?

Why the four things, well believe it or not it comes down to if it's insurable or not. So, your insurance company wants to see your four-point inspection which basically will tell them how they will insure your house. Now with that said, we want to make sure that the big things are taken care of so if the ac is at the end of its life we might have to go back to the seller and ask them to fix it, or if the roof has less than 3 years of life left on it probably not insurable.

Those are the things we have to watch out for and those are the things that we look for in the inspection we are not going to go back and ask the seller to make sure that they fix the cracked light switch cover like its 39 cents, go buy your own at Lowe’s.

So, in conclusion, it is really important to have a good real estate agent on your side who understands what to look for in an inspection because every time you open up a negotiation there is an opportunity for you to lose a house that you have fallen for. So, you want to make sure you are only looking for those big things in your inspection report.

Thank you for reading! Again, my name is Edna Wilson.

Dont make this $25,000 mistake!

Mon, 26 Apr 2021 06:04:56 GMT

Hey guys it’s Edna Wilson, your hometown realtor as hometown as apple pie. Today we are going to be talking about the 25,000 mistakes you can make. There is 3 of them if you’re looking to sell a house.

Number 1, for sale by owner. I know you think “I’ll save a lot of money if I don’t use a real estate agent”, but statistically you will actually sell your house seven to ten percent under value. Especially in today’s market, you need a lot of buyers to create a lot of craziness. That brings you the most bang for your buck. In fact I just sold a house just today at 25000 over asking. The market is insane.

Number 2, staging. You might not understand exactly what the things are you need to do, to bring the most buyers, to get you the most money for your house. That’s right we’re not talking about a full staging, but were talking about things like landscaping and how to declutter and things like that, that would bring buyers and say this house has a lot of value.

Lastly making sure you can read the offers. It could be a big, big money difference, You don’t really understand how to read the offers you’re getting on your property. That said, we look at a lot more than just the price. We look at who the lender is because that’s going to determine how quickly we get to the closing table and what type of strength that buyer has. Also what type of financing they do. When they’re doing FHA, VA, USDA, conventional, a 1031 exchange, all that makes a difference. Then were also looking at things like how much they’re putting in escrow. How good are they for the money and how much are they going to be able to meet any appraisal. Different things like that. All those things make a difference.

So don’t make a $25000 mistake and not listen to your house with a realtor. I know it sounds a little self promoting but hey its just the truth.

I hope you have a great day and please call me if you’re looking for a realtor!

Process of Buying a House

Wed, 21 Apr 2021 00:07:36 GMT

Hey everyone, Edna Wilson here, your hometown realtor as hometown as apple pie. In today's blog, I will be going over the process of buying a house! It’s a little crazy but I listed what we’re going to be talking about.

Looking for a dream home
Contract
Escrow
Applying for a mortgage
Inspection
Appraisal
Walkthrough and close

Its super important to have a great buyers agent to help you through the process. So let's get started.

First things first what is your dream home? Do you want a 3 car garage? Do you want a 2 car garage? Do you want a carport? How many bathrooms? Bedrooms? There area so many questions but we will sit down together and we figure out what it is you actually want. Then when its time to actually go ahead and buy the house we put in an offer.

Sometimes the offer can take 24-48 hours to hear back. Whether they accept your offer, sometimes you can play a little bit of a game of tennis, where its like no 265 , no 259. Its crazy. So we go back and fourth a few times until everyone settles on the price and on the terms of the contract.

After we agree you’ll typically have 3 days to get that money. That good faith money we’ve talked about, into the title company. Typically that’s around a thousand, unless there’s just something weird with the contract.

Then you’ll have 5 days. Only 5 days. To apply for a mortgage with your favorite lender. This is a great time and you should take those 5 days to shop around and find the best rates, find the best fees and make sure you have a great lender whos going to work hard for you. I highly suggest you use local lenders, as they’re so much easier to work with and they know the local economy

Then we’re going to hire an inspector. Well, when I say we I really mean you. You are going to hire an inspector to go out to the property and look at the four big thing which I have posted about in a pervious blog. Once we get the inspection report back there might be something that has to be fixed. Now we’re only looking for things that have safety issues to them. Not things that are just cosmetic. So, we’re looking at is there working smoke detectors, does a door have wood rot, is the roof actively leaking, these are the things that we would go back and ask the seller, listen we need these things fixed and that’s actually another round of negotiations the we have to go though. Typically your buyers agent will help you get through that very seamlessly and get the issues resolved.

After all of that is settled, your lender hires an appraiser. They go out to the property and make sure that if you are paying 235 for that house, that it is truly worth 235. Sometimes the appraisals come in high sometimes they come in low and so we kind of work through the negotiations. If they come In low then we’re going to solve that.

Lastly is pie day! That’s right, we go to the closing table. You get to pick out what kind of pie you want and you’re going to pick up your keys. Its just that simple, and we all celebrate. If you have any questions I put together a book and its called “The ultimate homebuyers guide” I can either mail this to you or send you the pdf. Just give me a call and I will make sure you get a copy, because it really is chock full of great information.

Well, that's it for how to buy a house. Its super simple, and when you’re ready please give me a call.

The Foreclosure Market

Fri, 16 Apr 2021 00:15:51 GMT

Hello everyone Edna Wilson here, your hometown realtor as hometown as apple pie. The sky is falling! The sky is falling! Go and tell the king!! That’s what I’m hearing, even today at lunch I heard the table next to me talking about the foreclosure market. What is the foreclosure market? It's March 2021 there’s no foreclosure market. I have to be honest with you it is nothing like 2006/2005. Nothing. Everybody’s saying it is but it's really not, and here’s why. The proof is in the pudding. We always watch the rental market when we're looking for economic moves in the market because the rental market moves very quickly. That’s because it adjusts very quickly to the comings and goings of the demand on the market. Where the sample size of the market doesn’t adjust so quickly. It’s a little bit bigger ship.

Right now rentals are going crazy there’s such high demand for rentals high, high, high demand for rentals. That means we have a demand for housing. Therefore our prices keep going up and up. But this whole foreclosure thing it’s a myth. Believe it or not when you compare this time to 2007/2008 the biggest difference is most Americans still have over 30% equity in their home. They’re not walking away from that kind of money. Secondly, the market hasn’t turned. We’re not upside down. They can easily sell it if they need to get out

Only 10% of the market did forbearance and out of that 10% half did not need to do forbearance. They continued making payments even after the forbearance. So, you compare that to 2007/2008 it was a much larger number. Much, much larger. So, the average amount of foreclosures we have in America is about 250000 per year. That’s just the average. We take a look at these numbers now we’re right there were not anymore more than normal even with the process that has started.

Now we know that there’s forbearance in place, and that’s going to be a little bit longer, but trust me, we are not in a bubble again. We just aren’t. If you want to have a bigger discussion about that I would love to do that with you.

Again my name is Edna Wilson, your hometown realtor as hometown as apple pie.

Is Now the Time to Buy?

Mon, 05 Apr 2021 00:22:45 GMT

Hi everyone, Edna Wilson here, your hometown realtor as hometown as apple pie, with this week's education corner. Today we’re going to be talking about a really fun question that I get a lot. Is now the time to buy?! So we’re sitting here at the end of March and the beginning of April 2021 and I've never seen the market like this. It is insane out there! Every house I put on the market is getting 7, 9, and 11, offers on the house. Yesterday just went for 20,000 OVER asking and this wasn’t like a super expensive house, just an average one! The house was priced at 185,000 and sold for 205,000!!! Never seen a market like this, so the question is; Is now the right time to buy?

Well, I’ll be very honest with you if you don’t have to move this second you might want to wait and just let the market cool off just a little bit because it is crazy. Now if you are interested in selling, now’s DEFINITELY the time to sell because of the market. I’ve never seen it like this before, its absolutely crazy hot so definitely time to sell definitely still a strong sellers’ market but if you have to buy we have some tricks up our sleeves that will help you buy at the right price, with the right money in place and the way we do that is very simple.

First of all, I've talked about this in other blogs and videos on my YouTube channel, come to a busy agent who can bring you a house that’s off-market before it even goes on the market. That’s a huge plus for you. Second, you might want to think about making concessions like “hey sellers we’ll buy the house but you don’t have to clean before you leave ill clean it” Not a big deal but it might be the tip that gets you to win the bid.

Lots of tricks up my sleeve like that but in conclusion; now is not the best time to buy if you don’t have to but you have to buy make sure you're with a good agent who can help you navigate these choppy waters.

Thank you so much for reading this week's blog. Again I'm Edna Wilson.

Feel free to call me to talk about any questions you may have!

How to Win an Offer

Mon, 29 Mar 2021 00:32:39 GMT

Hey everybody Edna Wilson here, your hometown realtor as hometown as apple pie with this week's first topic. Today we're going to be talking about some fun things. The biggest thing is how the heck do you win an offer in this market?! It's crazy! Well, I definitely have some surefire ways to win. I don’t know if you’ve been out there trying right now but most houses are going 710 offers and they’re going anywhere from five to twenty thousand OVER the asking price. It’s a really crazy market.

I heard someone recently say it's a little bit of a housing crisis. Not the way that 07 happened but in a new way in the fact that we have lots of buyers who need housing and no houses for them to have. In fact, they started tracking inventory in 1982, and since they’ve been tracking we are at 42 lower in inventory than at any other time in history! That means there are no houses for our buyers. It's crazy!! But what I will tell you is this one thing: it really pays to have a very busy real estate agent in the midst of this housing crisis. Here's how and here’s why.

One is you want to work with someone who’s taking lots of listings. In fact just this weekend I put 2 homes under the mark, under a contract. They never really hit the market. I already had the buyer for them. A seller comes to me and says “Hey I want to sell” and I’m like “Hey I know a buyer.” It never even hits the market. That’s about the only way to win right now. It’s a little crazy out there.

The other way to win from what we’re seeing in some trends when going over the asking price is to go with a really low inspection period. So normally inspection periods are 15 days. We’re going with maybe like 7 days. That’s very attractive to sellers because that way if you’re going to back out you’ll do it quickly, if for some reason maybe the roof is bad or something.

Lastly, cash is king. If there’s any way to get cash to buy right now cash is king. That’s the way you definitely want to buy that’s always going to win in this crazy market.

Those are some tips for how to win a bid right now in this crazy real estate market. If you have any questions about that don’t hesitate to reach out to me!

Solo Agents vs. Team

Mon, 22 Mar 2021 00:35:58 GMT

Hey, Edna Wilson here, your hometown realtor, as hometown apple pie, with this week's story:

Today, were going to be talking about the difference between a solo agent and a team. You might have heard before that a lot of people are having teams, and actually, I myself have a team. There’s a huge difference between a solo agent and a team.

A solo agent is someone that does everything. Right? They are the cook, the bottle, the washer, everything. They do everything on the transaction from start to finish.

In a team setting you have different people who specialize in different things. For instance, in my team I’m the lead agent I do all the listings and negotiations. Then we have a buyers agent who specializes n just taking buyers out to homes. That’s all she does because that’s what she’s really good at. Then we have a transaction coordinator who, is the person who takes all the transactions from start to finish she makes sure all the paperwork Is in great working order. Then we have a customer care specialist. Her entire job is to do nothing but make sure that you are well informed as a customer and that you know exactly what’s happening with you transaction at all times. That is her complete job.

Then we also have a marketing team and some other people who help get the word out on exactly what we’re doing right now, but that is the biggest difference between a team and a solo agent. Its just the amount of people working on your transactions and there’s benefits to both

Id like to have a deeper conversation about that.

Again my name is Edna Wilson, Your hometown realtor as hometown as apple pie!

Real estate loans and what they mean

Fri, 19 Mar 2021 00:39:33 GMT

Hey! Edna Wilson here your hometown realtor as hometown apple pie. I wanted to talk about real estate terms and what they mean? What is FHA anyhow or VA?! What does it all mean. It can be so confusing especially if you’re talking to a mortgage lender ready to apply for a mortgage or whether you’re a seller ready to accept a contract. What is the difference?!

Well here’s basically the difference.

Conventional, which is what you hear a lot of, is for someone who has a little bit of extra money to put down. Typically we see it between five and twenty percent to put down on a home. Now that’s twenty percent of the purchase price. The reason you always hear twenty percent down is once you put it down you no longer have to pay PMI which is short for private mortgage insurance. I know, crazy, you have to pay every month to make sure that if you default, that lender gets their money back. It's insurance just like you have on your house. If you put more than twenty down though you don’t have to pay that PMI every month. So that’s a big deal.

So next is FHA or VA. So what those are, are government-backed loans for people who either need to get to housing with a little bit down or who have served our country through the veterans association. So first FHA.

FHA is a federal housing authority. That’s what that stands for and that is a government-backed loan which means the insurance through the government, and you can put as little as three and a half percent down. Now some of that money can be gifted, some of it can be first-time home buyer bonds, and some of it can be money you’ve saved. By the way, never save money in a drawer underneath your mattress. Always make sure you put it in a savings account. But you want to make sure that you have FHA’s for someone who has pretty good credit, but only has a little bit of money to put down.

Now VA is for our men and women who have served our country. It is also a government-backed loan that the government says we guarantee this loan because they’re a veteran. So with the VA, you don’t put anything down except remember your closing costs that’s a different bucket. As far as a down payment, there is no down payment.

Now one other type of loan that you might not have heard about is called USDA. USDA is urban development, so it's something that’s out in the country so maybe up in Mims or some part of Port St John qualify and that’s also zero percent down. There are very strict qualifications you have to have a certain credit score and a certain income. It's another type of loan we have.

Those are just four of probably the fifty different types of loans that are out there. But I hope that at least clarifies a little about of the most common loans we see.

Again Edna Wilson, your hometown realtor as hometown as apple pie!!

Bond Money is Back!

Mon, 15 Mar 2021 00:48:38 GMT

Hey, This is Edna Wilson, with this week's education corner. So big, big, big news. Are you ready? Are you ready? The first time home money is back. I that know post-COVID, we finally have our first-time homebuyer bonds back. So I want to unpack that a little bit of day and talk about why they went away. And what we can

do to qualify for one. All right, here we go.

So after COVID hit, mortgage companies had tons of investors, and what they invest in and what they end up buying mortgages basically. That's how they earn their money. Just like buying stocks or buying bonds, they buy mortgages. Well, when COVID and everything went so upside down and forbearance became a thing and all that, all the investors pulled out. Maybe not all, but a good chunk of them pulled out. And anything that was a little bit hefty, they were done. So you had to have the perfect credit score, the perfect income, with the perfect job history. That was about the only way to get a loan during the first few months of COVID.

Well, now that we're almost at a year, I can't believe it, we have seen that it has loosened up. People are back in the game. The foreclosure thing was not a big deal like they thought it was going to be. And our investors are back. So with that comes our bond money, that first-time homeowner bond money. Now it's a little deceiving when it says first time homebuyer because it’s really not. What it is, is if you have not owned a home for the last three years, you get to qualify for bond money.

Now there are some restrictions. You have to make a certain income. You can't make more than a certain income. You have to have a certain credit score. So there' are a lot of different restrictions on it that you have to qualify for. But the majority of people can qualify. It is not that difficult. There are lots of different bond programs out there! But my favorite is a $7500 bond program through embrace home loan.

And the reason why I like it so much is that it's given to you, it sits on your mortgage as a second mortgage on your home as a second mortgage. And that is paid off at the very end of the loan. And so whether you sell the home or whether you pay it off, it gets you into the house with very little money out of pocket.

Now, what can you use the bond money for? I know that's what you're asking. That's a great question. So you can use the bond money for your down payment, for one bucket. Remember, we talked about the other bucket that's actually your closing cost, but you can't use it for your earnest money or your inspections. So two to three buckets, you can use it one bucket for your closing costs, one bucket for your down payment. And if you're really smart and have a great realtor, then you can actually get the seller to pay some of the closing costs and you can use the bond money for your down payment. You could come out buying a house for about $1500. It's crazy.

So give me a ring if you have more questions about that. I know it's a little confusing, but the great news is bond money is back and is ready to be used. Have a great day. And then come see your hometown realtor in Titusville Florida!!

3 Questions to Ask If You Want to Buy Your Dream Home

Thu, 27 Feb 2020 00:53:45 GMT

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask yourself the following 3 questions to help determine if now is a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This is truly the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

For example, a survey by Braun showed that over 75% of parents say “their child’s education is an important part of the search for a new home.”

This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the top four reasons Americans buy a home have nothing to do with money. They are:

A good place to raise children and for them to get a good education
A place where you and your family feel safe
More space for you and your family
Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the median price of homes sold in December (the latest data available) was $232,200, up 4.0% from last year. This increase also marks the 58th consecutive month with year-over-year gains.

If we look at the numbers year over year, CoreLogic forecasted a rise of 4.7% from December 2016 to December 2017. On a home that costs $250,000 today, that same home will cost you an additional $11,750 if you wait until next year.

What does that mean to you?

Simply put, with prices increasing each month, it might cost you more if you wait until next year to buy. Your down payment will also need to be higher in order to account for the higher price of the home you wish to buy.

3. Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long-term cost’ of a home can be dramatically impacted by even a small increase in mortgage rates.

Bottom Line

Only you and your family will know for certain if now is the right time to purchase a home. Answering these questions will help you make that decision.

Entry-Level Homeowners Are in the Driver’s Seat

Wed, 26 Feb 2020 01:06:32 GMT

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and project prices will rise 5.2% by December 2020.

Why is this good news for homeowners?

When prices appreciate, homeowners gain equity . In addition, those planning to sell this year, especially in the entry-level market, can potentially earn a substantial profit.

Dr. Frank Nothaft, Chief Economist at CoreLogic, says:

“Moderately priced homes are in high demand and short supply, pushing up values…Homes that sold for 25% or more below the local median price experienced a 5.9% price gain in 2019, compared with a 3.7% gain for homes that sold for 25% or more above the median .”

As Dr. Nothaft indicates, the lack of inventory continues to drive home price growth. This means there’s a high demand for homes in this tier of the market, making it a great time to consider using your equity to move up to a bigger or more premium home.

When you upgrade your home, you may be able to find the amenities or features you’ve dreamed of – such as a yard to plant or garden in with your family this spring, or more outdoor space for entertaining this summer. Maybe it’s the master bath you’ve always hoped for, or a garage to finally park your car inside.

Whatever you choose, if you’re moving out of an entry-level house, you’re likely going to be in the driver’s seat as a seller.

Bottom Line

If you’d like to own a bigger home, let’s get together to discuss your situation. You may be surprised by the current value of your home and the equity you’ve gained.

Opportunity in the Luxury Market This Year

Mon, 24 Feb 2020 01:13:48 GMT

Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment. According to the January Luxury Report from the Institute for Luxury Home Marketing (ILHM):

“In a snapshot of 2019, despite pessimism at the start of the year, the last quarter showcased a strengthening, with an upswing in the luxury market for sales in both the single family and condo markets.”

Momentum is growing, and those looking to enter the luxury market are poised for success in 2020 as well. With more inventory available at the upper end, historically low-interest rates, and increasing average wages, the stage is set for buyers with an interest in this tier to embrace the perfect move-up opportunity. The report highlights the increase in buyer activity in this segment, resulting in growing sales toward the end of 2019:

“According to reports from many luxury real estate professionals, the significant increase in number of properties bought at the end of 2019 versus 2018 is reflective of an early 2019 holding pattern. Many of early 2019’s prospective luxury buyers held off while waiting to see how prices would react to new tax regulations and other policy changes. Buyer confidence returned in late spring and compared to 2018, above average sales were reported in the final quarter of 2019.”

With evidence of strong buyer confidence, this is great news, as more homeowners are building equity and growing their net worth throughout the country:

“Many homeowners are now diversifying their wealth, owning several properties rather than a single mega mansion. In addition, there have been an increase number of home purchases taking place in smaller cities, reflecting the rising number of people relocating from major metropolises. Their property equity wealth or ability to pay high rental costs have afforded them the opportunity to purchase luxury properties in…secondary cities throughout North America.”

With a strong economy and a backdrop set for moving up this year, it’s a great time to explore the luxury market. Keep in mind, luxury can mean different things to different people, too. To one person, luxury is a secluded home with plenty of property and privacy. To another, it is a penthouse at the center of a bustling city. Knowing what characteristics mean by luxury to you will help your agent understand what you’re after as you define the scope and location for the home of your dreams.

Bottom Line

If you’re thinking about upgrading your current house to a luxury home, or adding an additional property to your portfolio, let’s get together to determine if you’re ready to make your move.

4 REAL Reasons Why We Buy A Home!

Fri, 21 Feb 2020 01:17:13 GMT

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.

No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own homes are typically more important to us than the financial ones.

1. Owning your home offers you the stability to start and raise a family

Between the best neighborhoods and the best school districts, even buyers without children at the time of purchase may have these things in mind as major reasons for choosing the locations of the homes that they purchase.

2. There’s no place like home

Owning your own home offers you not only safety and security, but also a comfortable place that allows you to relax after a long day!

3. You have more space for you and your family

Whether your family is expanding, an older family member is moving in, or you need to have a large backyard for your pets, you can take this all into consideration when buying your dream home!

4. You have control over renovations, updates, and style

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Tired of paying an additional pet deposit in your apartment building? Or maybe you want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t do just that in your own home?

Bottom Line

Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a home.

The #1 Misconception in the Homebuying Process

Thu, 20 Feb 2020 01:22:10 GMT

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article :

“A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a short-lived mirage as buyers came back into the market and more than erased the inventory gains. As a natural reaction, the recent slowdown in home values looks like it’s set to reverse back.”

CoreLogic, in their January 2020 Market Pulse Report , agrees with Olsen, projecting home value appreciation in all fifty states this year. Here’s the breakdown:

21 states appreciating 5% or more
26 states appreciating between 3-5%
Only 3 states appreciating less than 3%

The Misconception

Many believe when real estate values are increasing, owning a home becomes less affordable. That misconception is not necessarily true.

In most cases, homes are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by almost a full percentage point since this time last year.

Another major piece of the equation is a buyer’s income. The median family income has risen by 5% over the last year, contributing to the affordability factor.

Black Knight, in their latest Mortgage Monitor , addressed this exact issue:

“Despite the average home price increasing by nearly $13,000 from just over a year ago, the monthly mortgage payment required to buy that same home has actually dropped by 10% over that same span due to falling interest rates…

Put another way, prospective homebuyers can now purchase a $48K more expensive home than a year ago while still paying the same in principal and interest, a 16% increase in buying power.”

Bottom Line

If you’re thinking about purchasing a home, realize that homes are still affordable even though prices are increasing. As the Black Knight report concluded:

“Even with home price growth accelerating, today’s low-interest-rate environment has made home affordability the best it’s been since early 2018.”

The Many Benefits of Aging in a Community

Wed, 19 Feb 2020 01:29:39 GMT

There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens. Whether it’s proudly talking about grandchildren or lamenting the fact that our eyes aren’t as good as they used to be, it helps to be around people who not only understand what we’re saying but actually feel the same joys and concerns as well.

That’s why many boomers are deciding to move into an active adult community. In the latest 55places National Housing Survey, they were described by one out of three seniors as an “outgoing, social community of like-minded people.”

Bill Ness, Chief Executive Officer and Founder of 55places.com , explain:

“Baby boomers are now reaching the age when moving to an active adult community is the ideal opportunity for them…Many boomers now want to downsize, experience a maintenance-free lifestyle, and pursue more social opportunities. It’s exciting that there are so many choices for baby boomers.”

There’s still a desire, however, among many seniors to “age in place.” According to the Senior Resource Guide, aging in place means:

“…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.”

The challenge is, many seniors live in suburban or rural areas, and that often necessitates driving significant distances to see friends or attend other social engagements. A recent report from the Joint Center for Housing Studies of Harvard University (JCHS) titled Housing America’s Older Adults addressed this exact concern:

“The growing concentration of older households in outlying communities presents major challenges for residents and service providers alike. Single-family homes make up most of the housing stock in low-density areas, and residents typically need to be able to drive to do errands, see doctors, and socialize.”

The Kiplinger report also chimed in on this subject:

“While most seniors say they want to age in place, a much smaller percentage of them actually manage to accomplish it, studies show. Transportation is often a problem; when you can no longer drive, you can’t get to medical appointments or to other outings.”

Driving may not be a challenge right now, but think about what it may be like to drive 10, 20, or 30 years down the road.

There are also health challenges brought on by a possible lack of socialization when living at home versus a community of seniors. Sarah J. Stevenson is an author who writes about seniors. In a recent blog post for A Place for Mom , she explains:

“Social contacts tend to decrease as we age for reasons such as retirement, the death of friends and family, or lack of mobility.”

Thankfully, research from the same article suggests if you’re spending time with others in a community, thus reducing the impact of loneliness and isolation, there’s less of a risk of developing high blood pressure, obesity, heart disease, a weakened immune system, depression, anxiety, cognitive decline, Alzheimer’s disease, and early death.

Though the familiarity of our current home may bring a feeling of warmth, comfort, and convenience, it’s important to understand that staying there may mean missing out on crucial socialization opportunities. Living with adult children, joining a retirement community, or moving to an assisted living facility can help us continue to be with people we enjoy every day.

Bottom Line

“Aging-in-place” definitely has its advantages, but it could mean getting “stuck in place” too. There are many health benefits derived from socialization with a community of people that shares common interests. It’s important to take the need for human interaction into consideration when making a decision about where to spend the later years of life.

How Trusted Professionals Make Homebuying Easier to Understand

Tue, 18 Feb 2020 01:34:20 GMT

In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand.

A recent survey conducted by Ipson and Freddie Mac reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process.

Between the home buying process and the mortgage process , there are 230 possible steps in the transaction. With trusted professionals on your side, you certainly don’t have to know them all to have a successful experience.

There are many reasons why these steps can change as you move through each one. Depending on your personal circumstances, the term or your mortgage, and the type of loan you use, the path you take may need to vary. That’s why guidance and support from the experts are key.

In addition to the process itself, respondents in the survey definitely expressed concerns about understanding the types of loans available . Here are just a few of the basic loans to consider. Be sure to speak with your lender about the specifics of what will work best for you:

FHA: Loans guaranteed by the Federal Housing Administration for first-time buyers. They generally enable qualified borrowers to enter the housing market with a lower down payment.
Conventional: Loans that usually require a larger down payment . Repeat buyers usually use these types of loans since they have an established credit history as well as more money from the sale of their previous home (called equity) for a bigger down payment.
VA: Loans available for Veterans of the U.S. Armed Forces and their spouses. They are guaranteed by the Department of Veteran Affairs .
USDA: Loans for those living in rural and suburban areas. A qualified lender can issue a USDA home loan, and they are guaranteed by the United States Department of Agriculture (USDA).

Interest rates also popped up as a common area of confusion among Gen Z and Millennial respondents in the survey. With today’s rates hovering at near historic lows, it’s a fantastic time for buyers to get more houses for their money in the current market. Why? When mortgage rates are this low and wages are increasing as they are today, overall affordability increases, enabling home buyers to stretch their mortgage dollars further. It’s just another area where a trusted professional can help simplify the process and give guidance along the way.

Bottom Line

There are many possible steps in a real estate transaction, but they don’t have to be confusing. To understand your best course of action, let’s get together today to ensure you have a trusted advisor who will help you feel confident and informed at every turn.

The Overlooked Financial Advantages of Homeownership

Mon, 17 Feb 2020 01:40:06 GMT

There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater stability, savings, and predictability.

1. You Won’t Always Have a Monthly Housing Payment

According to a recent article by the National Association of Realtors (NAR):

“If you’ve been a lifelong renter, this may sound like a foreign concept, but believe it or not, one day you won’t have a monthly housing payment. Unlike renting, you will eventually pay off your mortgage and your monthly payments will be funding other (possibly more fun) things.”

As a homeowner, someday you can eliminate the monthly payment you make on your house. That’s a huge win and a big factor in how homeownership can drive stability and savings in your life. As soon as you buy a home, your monthly housing costs will begin to work for you as forced savings, coming in the form of equity . As you build equity and grow your net worth, you can continue to reinvest those savings into your future, maybe even by buying that next dream home. The possibilities are truly endless.

2. Homeownership Is a Tax Break

One thing people who have never owned a home don’t always think about is the tax advantages of homeownership. The same piece states:

“Both the interest and property tax portion of your mortgage is a tax deduction. As long as the balance of your mortgage is less than the total price of your home, the interest is 100% deductible on your tax return.”

Whether you’re living in your first home or your fifth, it’s a huge financial advantage to have some tax relief tied to the interest you pay each year. It’s one thing you definitely don’t get when you’re renting. Be sure to work with a tax professional to get the best possible benefits on your annual return.

3. Monthly Housing Costs Are Predictable

A third item noted in the article is how monthly costs become more predictable with homeownership:

“As a homeowner, your monthly costs are most likely based on a fixed-rate mortgage, which allows you to budget your finances over a long period of time, unlike the unpredictability of renting.”

With a mortgage, you can keep your monthly housing costs steady and predictable. Rental prices have been skyrocketing since 2012, and with today’s low mortgage rates, it’s a great time to get more for your money when purchasing a home. If you want to lock-in your monthly payment at a low rate and have a solid understanding of what you’re going to spend in your mortgage payment each month, buying a home may be your best bet.

Bottom Line

If you’re ready to start feeling the benefits of stability, savings, and predictability that come with owning a home, let’s get together to determine if buying a home sooner rather than later is right for you.

The #1 Reason to Put Your House on The Market TODAY!

Fri, 14 Feb 2020 01:45:24 GMT

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that home sales declined 0.6% to a seasonally adjusted annual rate of 5.38 million in June from 5.41 million in May, and are 2.2% below a year ago. Some may look at these numbers and think that now is a bad time to sell their house, but in fact, the opposite is true.

The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! In fact, the inventory of homes for sale had fallen year-over-year for 36 consecutive months before posting a modest 0.5% gain last month and has had an upward impact on home prices.

NAR’s Chief Economist Lawrence Yun had this to say,

“It’s important to note that despite the modest year-over-year rise in inventory, the current level is far from what’s needed to satisfy demand levels. Furthermore, it remains to be seen if this modest increase will stick, given the fact that the robust economy is bringing more interested buyers into the market, and new home construction is failing to keep up.”

The few houses that are on the market are selling fast! According to NAR’s Realtors Confidence Index , properties were typically on the market for 26 days.

Bottom Line

If you are one of the many homeowners who are debating listing your house for sale this year, the time is now! Let’s get together to discuss the specifics of our market!

How the Housing Market Benefits with Uncertainty in the World

Thu, 13 Feb 2020 01:48:49 GMT

It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020 , the fund explains,

“Slowing global growth and elevated uncertainty create a fragile backdrop for markets in 2020 and beyond.”

Is there a silver lining to this cloud of doubt?

Some worry this could cause concern for the U.S. housing market. The uncertainty, however, may actually mean good news for real estate.

Mark Fleming, Chief Economist at First American, discussed the situation in a recent report ,

“Global events and uncertainty…impact the U.S. economy, and more specifically, the U.S. housing market…U.S. bonds, backed by the full faith and credit of the U.S. government, are widely considered the safest investments in the world. When global investors sense increased uncertainty, there is a ‘flight to safety’ in U.S. Treasury bonds, which causes their price to go up, and their yield to go down.”

Last week, in a HousingWire article , Kathleen Howley reaffirmed Fleming’s point,

“The death toll from the coronavirus already has passed Severe Acute Respiratory Syndrome, or SARS, that bruised the world’s economy in 2003…That’s making investors around the world anxious, and when they get anxious, they tend to sell off stocks and seek the safe haven of U.S. bonds. An increase in competition for bonds means investors, including the people who buy mortgage-backed bonds, have to take lower yields. That translates into lower mortgage rates.”

The yield from treasury bonds is the rate investors receive when they purchase the bond. Historically, when the treasury rate moves up or down, the 30-year mortgage rate follows.

How might concerns about global challenges impact the housing market in 2020? Fleming explains,

“Even a small change in the 10-year Treasury due to increased uncertainty, let’s say a slight drop to 1.6 percent, would imply a 30-year, fixed mortgage rate as low as 3.3 percent. Assuming no change in household income, that would mean a house-buying power gain of $21,000, a five percent increase.”

Bottom Line

For a multitude of reasons, 2020 could be a challenging year. It seems, however, real estate will do just fine. As Fleming concluded in his report:

“Amid uncertainty, the house-buying power of U.S. consumers can benefit significantly.”

The #1 Reason to List Your House Right Now

Wed, 12 Feb 2020 01:51:24 GMT

The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident there are two big stories impacting this year’s residential real estate market:

1. Buyer demand is already extremely strong
2. Housing supply is at a historically low level

Demand

ShowingTime is a firm that compiles data from property showings scheduled across the country. The latest ShowingTime Showing Index reveals how showings have increased in each of the country’s four regions for five months in a row.

Supply

Move.com also just released information indicating that the number of homes currently for sale has declined rapidly and now sits at the lowest level in almost a decade. They explained,

“National housing inventory declined 13.6 percent in January, the steepest year-over-year decrease in more than 4 years, pushing the supply of for sale homes in the U.S. to its lowest level since realtor.com began tracking the data in 2012.”

In response to these numbers, Danielle Hale, Chief Economist at realtor.com, said,

“Homebuyers took advantage of low mortgage rates and stable listing prices to drive sales higher at the end of 2019, further depleting the already limited inventory of homes for sale. With fewer homes coming up for sale, we’ve hit another new low of for sale-listings in January.”

Bottom Line

Since there’s a historic shortage of homes for sale, putting your home on the market today could drive an excellent price and give you additional negotiating leverage when selling your house. Let’s get together to determine if listing your house now is your best move.

Don’t Be Surprised by Closing Costs!

Tue, 11 Feb 2020 00:50:04 GMT

Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?

By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs.

But what are closing costs anyway?

According to Trulia :

“Closing costs are lender and third-party fees paid at the closing of a real estate transaction, and they can be financed as part of the deal or be paid upfront. They range from 2% to 5% of the purchase price of a home. (For those who buy a $150,000 home, for example, that would amount to between $3,000 and $7,500 in closing fees.)”

Keep in mind that if you are in the market for a home above this price range, your costs could be significantly greater. As mentioned before,

Closing costs are typically between 2% and 5% of your purchase price.

Trulia continues to give great advice, saying:

“…understanding and educating yourself about these costs before settlement day arrives might help you avoid any headaches at the end of the deal.”

Bottom Line

Speak with your lender and agent early and often to determine how much you’ll be responsible for at closing. Finding out that you’ll need to come up with thousands of dollars right before closing is not a surprise anyone is ever looking forward to.

Great News for Renters Who Want to Buy a Home

Fri, 07 Feb 2020 00:57:37 GMT

Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of their current income to put toward the purchase of a home.

Just last week the Joint Center of Housing Studies of Harvard University released the America’s Rental Housing 2020 Report . The results explain the financial challenges renters are experiencing today,

“Despite slowing demand and the continued strength of new construction, rental markets in the U.S. remain extremely tight. Vacancy rates are at decades-long lows, pushing up rents far faster than incomes. Both the number and share of cost-burdened renters are again on the rise, especially among middle-income households.”

Is Good News Coming?

There seems, however, to be some good news on the horizon. Four of the major rent indices are all reporting that rents are finally beginning to stabilize in all rental categories:

1. The Zillow Rent Index, linked above, only rose 2.6% over the last year.

2. RENTCafé’s research team also analyzes rent data across the 260 largest cities in the United States. The data on average rents comes directly from competitively rented, large-scale, multi-family properties (50+ units in size). Their 2019 Year-End Rent Report shows only a 3% increase in rents from last year, the slowest annual rise over the past 17 months.

3. The CoreLogic Single Family Rent Index reports on single-family only rental listing data in the Multiple Listing Service. Their latest index shows how overall year-over-year rent price increases have slowed since February 2016, when they peaked at 4.2%. They have stabilized around 3% since early 2019.

4. The Apartment List National Rent Report uses median rent statistics for recent movers taken from the Census Bureau American Community Survey. The 2020 report reveals that the year-over-year growth rate of 1.6% matches the rate at this time last year; it is just ahead of the 1.5% rate from January 2016. They also explain how “the past five years also saw stretches of notably faster rent growth. Year-over-year rent growth stood at 2.6% in January 2018, and in January 2016 it was 3.3%, more than double the current rate.”

It seems tenants are getting a breather from the rapid rent increases that have plagued them for almost a decade.

Bottom Line

Rental expenses are beginning to moderate, and at the same time, average wages are increasing. That power combination may allow renters who dream of buying a home of their own an opportunity to save more money to put toward a down payment. That’s sensational news!

Millennials Are Skipping Starter Homes for Their Dream Homesi

Wed, 05 Feb 2020 01:06:28 GMT

A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes.

What’s a Starter Home?

According to the National Association of Realtors (NAR), simply put, a starter home is a one or two-bedroom home (sometimes even a small, three-bedroom). “Prices vary widely by market but starters on average cost $150,000 to $250,000 while trade-up and premium homes cost upwards of $300,000.”

Finding Their Forever Homes Now

A recent CNBC article revealed that there are many factors that delayed older millennials (ages 25-35) from buying a home earlier in their lives. The aftereffects of the Great Recession teaming up with larger education costs forced many to either remain living in their parent’s homes or to rent.

With the economy continuing to improve, many millennials have been able to break into better-paying jobs which has helped spur down payment savings. As the dream of homeownership comes closer to reality, many millennials are saving for their forever homes.

According to the latest statistics from NAR, 30% of millennials bought homes for $300,000 or more this year (up from 14% in 2013). Diane Swonk, Chief Economist at Grant Thornton weighed in saying, “They rented for longer. Now they’re going to where they want to stay.”

More and more millennials are settling down, getting married, and starting families, which is a huge factor driving them to look for larger homes.

Increased competition in the starter home market has also been a driving force in waiting to afford their dream homes. Inventory in the starter home market is down 14.2% from last year, according to research from Trulia. This has driven prices up and has led to bidding wars.

Many first-time buyers who were originally looking for starter homes are realizing that for just a little bit more of an investment, they could afford trade-up or premium homes instead.

Bottom Line

If you plan on purchasing your first home this year, let’s get together to determine how much house you can afford. You may be pleasantly surprised.

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

Mon, 03 Feb 2020 01:29:47 GMT

When the number of buyers in the housing market outnumbers the number of homes for sale , it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd. Here are three reasons why pre-approval should be your first step in the home-buying process.

1. Gain a Competitive Advantage

Low inventory , like we have today, means homebuyers need every advantage they can get to make a strong impression and close the deal. One of the best ways to get one step ahead of other buyers is to get pre-approved for a mortgage before you make an offer. For one, it shows the sellers you’re serious about buying a home, which is always a plus in your corner.

2. Accelerate the Homebuying Process

Pre-approval can also speed up the homebuying process, so you can move faster when you’re ready to make an offer. In a competitive arena like we have today, being ready to put your best foot forward when the time comes may be the leg-up you need to cross the finish line first and land the home of your dreams.

3. Know What You Can Borrow and Afford

Here’s the other thing: if you’re pre-approved, you also have a better sense of your budget, what you can afford , and ultimately how much you’re eligible to borrow for your mortgage. This way, you’re less apt to fall in love with a home that may be out of your reach.

Freddie Mac sets out the advantages of pre-approval in the My Home section of their website:

“It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how much home you can afford and can help you move faster, and with greater confidence, in competitive markets.”

Local real estate professionals also have relationships with lenders who can help you through this process, so partnering with a trusted advisor will be key for that introduction. Once you select a lender, you’ll need to fill out their loan application and provide them with important information regarding “your credit, debt, work history, down payment and residential history.”

Freddie Mac also describes the ‘4 Cs’ that help determine the amount you’ll be qualified to borrow:

Capacity: Your current and future ability to make your payments
Capital or Cash Reserves: The money, savings, and investments you have that can be sold quickly for cash
Collateral: The home, or type of home, that you would like to purchase
Credit: Your history of paying bills and other debts on time

While there are still many additional steps you’ll need to take in the home-buying process, it’s clear why pre-approval is always the best place to begin. It’s your chance to gain the competitive edge you may need if you’re serious about owning a home.

Bottom Line

Getting started with pre-approval is a great way to begin the homebuying journey. Let’s get together today to make sure you’re on the fastest path to homeownership.

Selling Your Home? Make Sure the Price is Right!

Sun, 02 Feb 2020 01:23:28 GMT

If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price.

In today’s shifting real estate market, where more inventory is coming to market and home values are projected to appreciate at lower rates, homeowners will not be able to price their homes as aggressively as they were able to just last year.

They will have to employ the same strategy: be the closest without going over!

As we have explained before , pricing your home at or slightly below market value actually increases the number of buyers who will see your home in their search!

Over the last six months, more inventory has come to market while the months’ supply of inventory available has dropped. This means that the demand for homes to buy is still very strong throughout the country!

Homeowners who make the mistake of overpricing their homes will eventually have to drop the price. This leaves buyers wondering if the price drop was caused by something wrong with the homes when in reality nothing was wrong, the price was just too high!

Bottom Line

If you are thinking about listing your home for sale this year, let’s get together to properly price your home from the start!

Selling Your House: Here’s Why You Need A Pro In Your Corner!

Fri, 31 Jan 2020 01:37:20 GMT

With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional.

Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they get the best deal for themselves and their families.

Here is a list of just some of the people with whom the seller must be prepared to negotiate if they decide to For Sale by Owner (FSBO):

The buyer, who wants the best deal possible
The buyer’s agent, who solely represents the best interests of the buyer
The buyer’s attorney (in some parts of the country)
The home inspection companies, which work for the buyer will almost always find some problems with the house
The termite company, if there are challenges
The buyer’s lender, if the structure of the mortgage requires the sellers’ participation
The appraiser, if there is a question of value
The title company, if there are challenges with certificates of occupancy (CO) or other permits
The town or municipality, if you need to get the CO permits mentioned above
The buyer’s buyer, in case there are challenges with the house your buyer is selling

Bottom Line

The percentage of sellers who have hired real estate agents to sell their homes has increased steadily over the last 20 years. Let’s get together to discuss all that we can do to make the process of selling your house easier for you.

One More Time… You Do Not Need 20% Down To Buy NOW

Thu, 30 Jan 2020 01:44:58 GMT

A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.

1. Down Payment

The survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 36% think a 20% down payment is always required. In actuality, there are many loans written with a down payment of 3% or less.

Many renters may actually be able to enter the housing market sooner than they ever imagined with new programs that have emerged allowing less cash out of pocket.

2. FICO Scores

The survey also reported that two-thirds of the respondents believe they need a very good credit score to buy a home, with 45 percent thinking a “good credit score” is over 780. In actuality, the average FICO scores of approved conventional and FHA mortgages are much lower.

The average conventional loan closed in March had a credit score of 753, while FHA mortgages closed with a 685 score. The average across all loans closed in March was 722. The graph below shows how the average FICO Score required has come down over the last 12 months and has stayed around 722 for the last six months.

Bottom Line

If you are a prospective buyer who is ‘ready’ and ‘willing’ to act now but are not sure if you are ‘able’ to, sit down with a professional who can help you understand your true options.

Where Have All the Houses Disappeared To?

Wed, 29 Jan 2020 01:54:44 GMT

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 10.8% from the same time last year. That exceeds expectations and is great news.

The troubling news from the report is that the sold inventory is not being replaced. As NAR explained,

“Total housing inventory at the end of December totaled 1.40 million units, down 14.6% from November and 8.5% from one year ago. Unsold inventory sits at a 3.0-month supply at the current sales pace, down from the 3.7-month figure recorded in both November and December 2018. Unsold inventory totals have dropped for seven consecutive months from year-ago levels, taking a toll on home sales.”

The situation was also addressed in a recent Zillow article stating,

“The number of for-sale homes in the U.S. is at its lowest point in at least seven years, and the shortage appears poised to get worse before it gets better.”

Bill McBride of Calculated Risk further noted,

“Inventory always decreases sharply in December as people take their homes off the market for the holidays. However, based on the data I’ve collected, this was the lowest level for inventory in at least three decades (the previous low was 1.43 million in December 1993).”

Why is inventory falling so dramatically? I thought the housing market had softened.

A year ago, that was the case – but the market shifted again. Skylar Olsen, Director of Economic Research at Zillow , explains,

“A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a short-lived mirage as buyers came back into the market and more than erased the inventory gains. As a natural reaction, the recent slowdown in home values looks like it’s set to reverse back to accelerating growth right as we head into home shopping season with demand outpacing supply.”

What does this mean if you’re a homeowner thinking of selling?

Now is a great time to consider putting your home on the market. The competition (number of houses on the market) has not been this low in decades. It’s best not to wait for the inventory (both existing homes and new construction) to increase in the spring, as it always does.

Bottom Line

The supply of homes for sale is at a historic low. Buyer demand is surprisingly strong. Now would be a great time to sell.

First-Time Buyers Are Searching for Existing Homes This Year

Mon, 27 Jan 2020 02:02:56 GMT

In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 2019.

The results revealed ,

“Millennials are the most likely generation to be making plans to purchase a home within a year (19%), followed by Gen Z (13%) and Gen X (12%)…Prospective buyers in the youngest two generations are primarily first-time buyers: 88% of Gen Z buyers and 78% of Millennial buyers are reaching out to homeownership for the first time in their lives.”

With high demand from first-time homebuyers and a shortage of inventory in the current market, selling your existing home this year might be your best move. Why? Because when homebuyers begin their search, they’re not all looking for new construction. Many are eager to find a little charm and character in a place to call home – possibly yours.

In fact, according to the same study, there is a significant demand for existing homes:

“In terms of the type of home these prospective home buyers are interested in, 40% are looking to buy an existing home and 19% a newly-built home. The remaining 41% would buy either a new or existing home.”

With showing activity up among buyers and more new construction coming to market , as a homeowner, you have the opportunity to sell your existing house now and move up into a new one, or downsize into a home that better fits your current and ever-changing needs.

Bottom Line

Not all buyers are looking for a newly built house. If you’re ready to take advantage of low mortgage rates and high demand for your existing home, let’s get together to determine how we will market the charming details of your current house to potential buyers.

Harvard: 5 Reasons Why Owning A Home Makes Sense Financially

Fri, 24 Jan 2020 02:09:38 GMT

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own a home differ for each buyer, but there are many basic similarities.

Eric Belsky is the Managing Director of the Joint Center of Housing Studies (JCHS) at Harvard University. He authored a paper on homeownership titled – The Dream Lives On: The Future of Homeownership in America. In his paper, Belsky reveals five financial reasons why people should consider buying a home.

Here are the five reasons, each followed by an excerpt from the study:

1) Housing is typically the one leveraged investment available.

“Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point rise in the value of the home is a 5 percent return on their equity. With many buyers putting 10 percent or less down, their leverage factor is 10 or more.”

2) You’re paying for housing whether you own or rent.

“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.”

3) Owning is usually a form of “forced savings.”

“Since many people have trouble saving and have to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings to another day.”

4) There are substantial tax benefits to owning.

“Homeowners are able to deduct mortgage interest and property taxes from income…On top of all this, capital gains up to $250,000 are excluded from income for single filers and up to $500,000 for married couples if they sell their homes for a gain.”

5) Owning is a hedge against inflation.

“Housing costs and rents have tended over most time periods to go up at or higher than the rate of inflation, making owning an attractive proposition.

Bottom Line

We realize that homeownership makes sense for many Americans for an assortment of social and family reasons. It also makes sense financially. If you are considering a purchase this year, let’s get together and evaluate your ability to do so.

4 Reasons to Move Up to Your Dream Home This Spring

Thu, 23 Jan 2020 02:17:12 GMT

Spring is almost here. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting.

1. Buyer Demand is High & Inventory is Low

Recent numbers show that buyer demand is at the highest peak experienced in years, and inventory for sale is at a 4.5-month supply, which is still markedly lower than the 6 months needed for a historically normal market.

Demand in many markets is far exceeding the supply, and more properties in March sold in less than 30 days (42%) than in any month since last July.

Listing your home today can greatly increase exposure to buyers who are out in force and ready to act.

2. Prices Will Continue to Rise

CoreLogic recently released their latest Home Price Index in which they predict that national home values will appreciate by 5.3% by this time next year.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting for your current home’s value to increase before selling could price you out of your new home if you aren’t careful.

3. Mortgage Interest Rates Are Still Near Record Lows

Interest rates have remained below 4% for some time now and are substantially lower than the rate previous generations paid when getting a mortgage.

The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison projecting that rates will rise over the next 12 months.

An increase in rates will impact YOUR monthly mortgage payment. Even an increase of half a percentage point can put a dent in your family’s net worth. Whether you are moving up or buying your first home, your housing expense will be more than a year from now if a mortgage is necessary to purchase your home.

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But, what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide whether it is worth waiting for. Have you always wanted to live in a certain neighborhood? Would climate change be just what the doctor ordered? Would you like to be closer to your family?

Bottom Line

If the right thing for you and your family is to move up to the home of your dreams this year, buying sooner rather than later could lead to substantial savings.

How Buyers Can Win By Downsizing in 2020

Wed, 22 Jan 2020 02:26:44 GMT

Home values have been increasing for 93 consecutive months , according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.

Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at an average of 3.8% for a 30-year fixed-rate loan.

The combination of leveraging your growing equity and capitalizing on low rates could make a big difference in your housing plans this year.

How to Use Your Home Equity

For move-up buyers , the typical pattern for building financial stability and wealth through homeownership works this way: you buy a house and gain equity over several years of mortgage payments and price appreciation. You then take that equity from the sale of your house to make a down payment on your next home and repeat the process.

For homeowners ready to downsize, home equity can work in a slightly different way. What you choose to do depends in part upon your goals.

According to HousingWire.com , for some, the desire to downsize may be related to retirement plans or children aging out of the home. Others may be choosing to live in a smaller home to save money or simplify their lifestyle in a space that’s easier to clean and declutter. The reasons can vary greatly and by generation .

Those who choose to put their equity toward a new home have the opportunity to make a substantial down payment or maybe even buy their next home in cash. This is incredibly valuable if your goal is to have a minimal mortgage payment or none at all.

A local real estate professional can help you evaluate your equity and how to use it wisely. If you’re planning to downsize, keep in mind that home prices are anticipated to continue rising in 2020, which could influence your choices.

The Impact of Low Mortgage Rates

Low mortgage rates can offset price hikes, so locking in while rates are low will be key. For many downsizing homeowners, a loan with a shorter term is ideal, so the balance can be reduced more quickly.

Interest rates on 10, 15, and 20-year loans are lower than the rates on a 30-year fixed-rate loan. If you’re downsizing your housing costs, you may prefer a shorter-term loan to pay off your home faster. This way, you can save thousands in interest payments over time.

Bottom Line

If you’re planning a transition into a smaller home, the twin trends of low mortgage rates and rising home equity can kickstart or boost your plans, especially if you’re anticipating retirement soon or just want to live in a smaller home that’s easier to maintain. Let’s get together today to explore your options.

The 2 Surprising Things Homebuyers Really Want

Tue, 21 Jan 2020 02:35:11 GMT

In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Here’s a look at the two surprising things buyers seem to be searching for in today’s market, and how they’re impacting new home builds.

Homebuyers Are Not Giving Up Their Garages

The National Association of Home Builders (NAHB) recently released an article showing the percentage of new single-family homes completed in 2018. The data reveals,

64% of new homes offer a 2-car garage
21% have a garage large enough to hold 3 or more cars
7% have a 1-car garage
7% do not include a garage or carport
1% have a carport

Evidently, a garage is something homebuyers are looking for in their searches, but that’s not all.

Homebuyers Are Not Giving Up Their Patios

Patios are on the radar for buyers as well. Community areas are often common amenities in new neighborhoods, but as it turns out, private outdoor spaces are quite desirable too. NAHB also found that,

“Of the roughly 876,000 single-family homes started in 2018, 59.4% came with patios…This is the highest the number has been since NAHB began tracking the series in 2005.”

The number of new homes built with patios has been increasing for the past 9 years. Clearly, they’re a desirable feature for new homeowners too.

Bottom Line

Homebuyers are looking for garage space and outdoor patio living. If you’re a homeowner thinking of selling a house with these amenities, it appears buyers are willing to spring for those key features. Let’s get together today to determine the current value and demand for your home.

Make the Dream of Homeownership a Reality in 2020

Mon, 20 Jan 2020 02:44:34 GMT

In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “ I Have a Dream ” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where our families can grow and flourish.

If you’re dreaming of buying a home this year, the best way to start the process is to connect with a Real Estate professional to understand what goes into buying a home. Once you have that covered, then you can answer the questions below to make the best decision for you and your family.

1. How Can I Better Understand the Process, and How Much Can I Afford?

The process of buying a home is not one to enter lightly. You need to decide on key things like how long you plan on living in an area, the school districts you prefer, what kind of commute works for you, and how much you can afford to spend.

Keep in mind, before you start the process to purchase a home, you’ll also need to apply for a mortgage . Lenders will evaluate several factors connected to your financial track record, one of which is your credit history. They’ll want to see how well you’ve been able to minimize past debts, so make sure you’ve been paying your student loans, credit cards, and car loans on time. Most agents have loan officers they trust that they can refer you to.

According to ConsumerReports.org ,

“Financial planners recommend limiting the amount you spend on housing to 25 percent of your monthly budget.”

2. How Much Do I Need for a Down Payment?

In addition to knowing how much you can afford on a monthly mortgage payment, understanding how much you’ll need for a down payment is another critical step. Thankfully, there are many different options and resources in the market to potentially reduce the amount you may think you need to put down upfront.

If you’re concerned about saving for a down payment, start small and be consistent. A little bit each month goes a long way. Jumpstart your savings by automatically adding a portion of your monthly paycheck into a separate savings account or house fund. AmericaSaves.org says ,

“Over time, these automatic deposits add up. For example, $50 a month accumulates to $600 a year and $3,000 after five years, plus interest that has compounded.”

Before you know it, you’ll have enough for a down payment if you’re disciplined and thoughtful about your process.

3. Saving Takes Time: Practice Living on a Budget

As tempting as it is to settle in each morning with a fancy cup of coffee from your favorite local shop, putting that daily spend toward your down payment will help accelerate your path to homeownership. It’s the little things that count, so start trying to live on a slightly tighter budget if you aren’t doing so already. A budget will allow you to save more for your down payment and help you pay down other debts to improve your credit score. A survey of Millennial spending shows,

“70 percent of would-be first-time homebuyers will cut spending on spa days, shopping and going to the movies in exchange for purchasing a home within the next year.”

While you don’t need to cut all of the fun out of your current lifestyle, making smarter choices and limiting your spending in areas where you can slim down will make a big difference.

Bottom Line

If homeownership is on your dream list this year, take a good look at what you can prioritize to help you get there. Let’s get together today to discuss the best steps you can take to start the process.

Buying a Home? 4 Demands to Make on Your Real Estate Agent

Fri, 17 Jan 2020 02:53:57 GMT

Are you thinking of buying a home? Are you dreading having to walk through strangers’ houses? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of buying. A great agent is always worth more than the commission they charge, just like a great doctor or great accountant.

You want to deal with one of the best agents in your marketplace. To do this, you must be able to distinguish an average agent from a great one.

Here are the top 4 demands to make of your real estate agent when buying a home:

1. Tell the Truth About the Price

When making an offer on the home you want to buy, make sure that your agent walks you through their plan for getting both the seller – and the bank – to accept that price. Too many agents will just take the offer that you suggest and then try to ‘work’ both you and the seller in the negotiating phase later. In a competitive market, you need an agent who is going to help you make the best ‘initial offer’ so that you stand out from the crowd. Every house in today’s market must be sold twice – first to you and then to your bank.

The second sale may be more difficult than the first. When prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed recently) to defend the selling price when performing the appraisal for the bank. A red flag should be raised if your agent is not discussing this with you at the time of the original offer.

2. Understand the Timetable with Which Your Family is Dealing

You will be moving your family into a new home. Whether the move revolves around the start of the new school year or a new job, you will be trying to put the move to a plan.

This can be very emotionally draining. Demand from your agent an appreciation for the timetables you are setting. Your agent cannot pick the exact date of your move, but they should exert any influence they can to make it work.

3. Remove as Many of the Challenges as Possible

It is imperative that your agent knows how to handle the challenges that will arise. An agent’s ability to negotiate is critical in this market.

Remember: If you have an agent who was weak negotiating with you on parts of the purchase offer, don’t expect them to turn into a superhero when they are negotiating with the seller for you and your family.

4. Find the Right HOUSE!

There is a reason you are putting yourself and your family through the process of moving.

You are moving on with your life in some way. The reason is important or you wouldn’t be dealing with the headaches and challenges that come along with buying. Do not allow your agent to forget these motivations. Make sure that they don’t worry about your feelings more than they worry about your family; if they discover something needs to be done in order to attain your goal, insist that they have the courage to inform you.

Good agents know how to deliver good news. Great agents know how to deliver tough news. In today’s market, YOU NEED A GREAT AGENT!

4 Tips for Effectively Making an Offer

Thu, 16 Jan 2020 03:04:20 GMT

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

Freddie Mac covered “4 Tips for Making an Offer” in their latest Executive Perspective. Here are the 4 tips they covered along with some additional information for your consideration:

1. Understand How Much You Can Afford

“While it’s not nearly as fun as house hunting, fully understanding your finances is critical in making an offer.”

This ‘tip’ or ‘step’ should really take place before you start your home search process.

As we’ve mentioned before , getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and will allow you to make your offer with the confidence of knowing that you have already been approved for a mortgage for that amount. You will also need to know if you are prepared to make any repairs that may need to be made to the house (ex: new roof, new furnace).

2. Act Fast

“Even though there are fewer investors, the inventory of homes for sale is also low and competition for housing continues to heat up in many parts of the country.”

According to the latest Existing Home Sales Report , the inventory of homes for sale is currently at a 3.7-month supply; this is well below the 6-month supply that is needed for a ‘normal’ market . Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as soon as possible.

3. Make a Solid Offer

Freddie Mac offers this advice to help make your offer the strongest it can be:

“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”

Talk with your agent to find out if there are any ways that you can make your offer stand out in this competitive market!

4. Be Prepared to Negotiate

“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.

Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”

If your offer is approved, Freddie Mac urges you to “ always get an independent home inspection, so you know the true condition of the home.” If the inspector uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller, or cancel the contract.

Bottom Line

Whether you’re buying your first home or your fifth, having a local professional on your side who is an expert in their market is your best bet in making sure the process goes smoothly. Happy House Hunting!

When a House Becomes a Happy Home

Wed, 15 Jan 2020 03:12:38 GMT

We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership.

No matter the size or shape of a living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the feel-good connections to our own homes are typically more important to us than the financial ones. Here are some of the reasons why:

1. Owning your home offers stability to start and raise a family

From the best neighborhoods to the top school districts, even those without children at the time of purchase may have this in the back of their minds as a major reason for choosing the location of the home they purchase.

2. There’s no place like home

Owning your own home offers not only safety and security but also a comfortable place where you can simply relax and kick back after a long day. Sometimes, that’s just what we need to feel recharged and truly content.

3. You have more space for you and your family

Whether your family is expanding, an older family member is moving in, or you need to have a large backyard for your pets, you can take all this into consideration when buying your dream home, so the space truly works for you.

4. You have control over renovations, updates, and style

Looking to actually try one of those complicated wall treatments you saw on Pinterest? Tired of paying an additional pet deposit for your apartment building? Maybe you want to finally adopt that fur-baby puppy or kitten you’ve been hoping for. Who’s to say you can’t do all of these things in your own home?

Bottom Line

Whether you’re a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a great time to reflect on the intangible factors that make a house a happy home.

2020 Luxury Market Forecast

Tue, 14 Jan 2020 03:24:08 GMT

By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look at the forecast for the 2020 luxury market.

Three Things to Think About in the 2020 Luxury Housing Market

1. Prices

The U.S. economy is strong today, with buying opportunities throughout the luxury end of the market. Thomas Veraguth, Strategist at UBS Global Wealth Management, says in Barrons.com,

“There’s a good link between luxury real estate prices and [economic] growth.”

Available inventory is a key element that can impact home prices. At the upper range, the inventory is greater in comparison to the entry-level market, making moving up to a luxury home a growing reality for many buyers right now.

2. Activity in the Market

With more buying opportunities at the higher end, we should start to see an increase in activity. The same article states,

“Affluent homebuyers will start to come out of the woodwork as they find rising luxury rents less appealing and sellers get even more negotiable on price.”

Buyers looking in the luxury market are taking the opportunity to negotiate on price in a segment where there are more choices, too. According to the Luxury Market Report , homes sold for an average of 96.94% of the list price in December.

Buyers are also getting more for their money with greater purchasing power due to the current low interest rates .

3. Buyers Are Coming Back

Keep in mind, buyers are often sellers too, especially those looking to move up. Homeowners with an entry-level home can take advantage of the inventory shortage at the lower end of the market, thus driving higher sales prices for their current homes. Combined with growing equity in the homes they’re listing, it’s a great time for those who are ready to make a luxury move.

The extra equity and greater purchasing power are bringing many buyers back to the market. The same article mentioned that,

“We’ve already seen buyers who’ve been on the sidelines for two years tread back into the market.”

Bottom Line

If you’re considering entering the luxury market, 2020 is shaping up to be a great year for those who are ready to make that move. Let’s get together to set your real estate plan for the year.

Access: An Important Factor in Getting Your House SOLD!

Mon, 13 Jan 2020 03:31:08 GMT

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers.

There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access that you can provide to your agent so that he or she can show your home.

Here are five levels of access that you can give to buyers, along with a brief description:

Lockbox on the Door – this allows buyers the ability to see the home as soon as they are aware of the listing, or at their convenience.
Providing a Key to the Home – although the buyer’s agent may need to stop by an office to pick up the key, there is little delay in being able to show the home.
Open Access with a Phone Call – the seller allows showings with just a phone call’s notice.
By Appointment Only (example: 48-Hour Notice) – Many buyers who are relocating for a new career or promotion start working in that area prior to purchasing their home. They often like to take advantage of free time during business hours (such as their lunch break) to view potential homes. Because of this, they may not be able to plan their availability far in advance or may be unable to wait 48 hours to see the house.
Limited Access (for example the home is only available on Mondays or Tuesdays at 2pm or for only a couple of hours a day) – This is the most difficult way to be able to show your house to potential buyers.

With May proving to be the best month to sell your home, access can make or break your ability to get the price you are looking for, or even sell your house at all.

Is This the Year to Move Up to Your Dream Home? If So, Do it Early

Fri, 10 Jan 2020 03:40:36 GMT

It appears that Americans are regaining faith in the U.S. economy.

It usually means good news for the housing market when the country sees an optimistic future. People begin to dream again about the home their family has always wanted, and some make plans to finally make that dream come true.

If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are some predictions on where rates will be by the end of the year:

HSH.com:

“We think that conforming 30-year fixed rates probably make it into the 4.625 percent to 4.75 percent range at some point during 2017 as a peak.”

Svenja Gudell, Zillow’s Chief Economist:

“I wouldn’t be surprised if the 30-year fixed mortgage rate hits 4.75 percent.”

Mark Fleming, the Chief Economist at First American:

“[I see] mortgage rates getting much closer to 5 percent at the end of next year.”

Lawrence Yun, NAR Chief Economist:

“By this time next year, expect the 30-year fixed rate to likely be in the 4.5 percent to 5 percent range.”

Bottom Line

If you are feeling good about your family’s economic future and are considering making a move to your dream home, doing it sooner rather than later makes the most sense.

There’s a Long Line of Buyers Waiting for Your House

Thu, 09 Jan 2020 03:49:57 GMT

If you’re following what’s happening in the housing market right now , you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted,

“Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.”

However, a recent report by ShowingTime reveals how this year is different. Buyer activity is way up compared to the same time last year. The report explains,

“The nation’s 12.6% growth in home showings compared to 2018 was the most significant jump in buyer traffic during the current four-month streak of year-over-year increases. The West Region saw the greatest growth in activity, with a 23.1% jump – the region’s greatest in the history of the Showing Index.”

Bottom Line

Waiting for the “spring buyers’ market” may be a mistake this year. It seems the purchasers are already out and looking to buy.

The New Spring Real Estate Market is Here. Are You Ready?

Wed, 08 Jan 2020 03:55:47 GMT

Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April. Not anymore. According to new research , January 2019 was only 1% behind February for the most monthly views per listing on realtor.com.

So, what does that mean? The busiest season in real estate has just begun.

The same research indicates,

“Historically, April launched the kickoff of the home shopping season as buyers would come out of their winter hibernation looking for their new home. However, the spring shopping season now starts in January for many of the nation’s largest markets.”

With the reality of fewer homes on the market in the winter, and that supply naturally increases as we head to the spring market, waiting for more competition to list in your neighborhood this year might put you behind the curve. Perhaps now is the time to jump into the market.

George Ratiu, Senior Economist at realtor.com says,

“As shoppers modify their strategies for navigating a housing market that has become more competitive due to rising prices and low inventory, the search for a home is beginning earlier and earlier.”

There is a lot of speculation in the market about why the search for a home is shifting to an earlier start. The one thing we do know is if you’re thinking about buying or selling a home this year, the earlier you get started, the better.

Reminder: When should you sell something? When there is less of that item for sale and the greatest number of buyers are in the market. That’s exactly what is happening in real estate right now.

Bottom Line

The new spring market for real estate is underway. If you’re considering buying or selling, let’s connect, so you have the advantage in this competitive market.

Big Demand for Small Homes

Tue, 07 Jan 2020 04:04:20 GMT

Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different.

Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances . This is not projected to change as we continue into the beginning of the year.

“We expect this downsizing trend to continue in 2020, driven by a confluence of economic and demographic trends.”

Why are smaller homes trending now?

As noted in the article, there are a few main reasons for this demand:

“Many of today’s younger, millennial home buyers have expressed a preference for denser, more urban homes that are more walkable to shared amenities.”
“Today’s older homeowners are expressing a desire for smaller, less maintenance-heavy and more accessible (read: less stairs) homes as they age and move into newer homes.”

With these two demographic groups surging through the market, the demand for this type of home is rising. If you’re a homeowner with a smaller-scale house, now may be a great time to sell, as the demand for this end of the market is surely on the rise.

Bottom Line

The demand for smaller houses will continue to rise throughout 2020. Let’s get together to discuss what the housing inventory looks like in your neighborhood. It might be time for you to take advantage of this trend!

3 Benefits to Buying Your Dream Home This Year

Mon, 06 Jan 2020 04:10:23 GMT

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.

1. Buying a Home is a Great Investment

Several reports indicate that real estate is a good investment , topping other options such as gold, stocks, bonds, and savings. Why? Real estate helps build equity, a form of investing for you and your family. According to CoreLogic’s Equity Report ,

“U.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.”

This means the average homeowner gained approximately $5,300 in equity over the past year. If you want to start building your equity, put your housing costs to work for you through homeownership this year.

2. Mortgage Interest Rates Are Low

The Primary Mortgage Market Survey from Freddie Mac indicates that interest rates for a 30-year mortgage have fallen since November 2018 when they hit 4.94%. In their latest forecast , Freddie Mac expects rates to remain low, leveling out to a yearly average of 3.8% in 2020.

When you purchase a home at a low mortgage rate, it will impact your monthly mortgage payment, giving you the opportunity to buy more houses for your money.

3. Investing in Your Family is a Win

There are some renters who haven’t purchased a home yet because they’re uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you’re living rent-free with your parents, you’re paying a mortgage – either yours or that of your landlord.

Today, rental prices continue to increase, and when you’re paying your landlord’s mortgage instead of your own, you’re not the one earning the equity. As an owner, your mortgage payment is a form of ‘forced savings’ you can use later in life to reinvest in your family. You can use it for a variety of opportunities, such as saving for your children’s education, moving up to a bigger home, or starting your own business. As a renter, it can be more challenging to achieve those types of dreams without home equity work for you.

Bottom Line

Buying a home sooner rather than later could lead to substantial savings and long-term financial growth for you and your family. Let’s get together to determine if homeownership is the right choice for you this year.

Why You Shouldn’t “For Sale By Owner”

Thu, 02 Jan 2020 04:15:50 GMT

Rising home prices coupled with the current inventory in today’s market may cause some homeowners to consider selling their homes on their own (known in the industry as a For Sale By Owner ). However, an FSBO might be hard to execute well for the vast majority of sellers.

Here are the top 5 reasons not to FSBO:

1. Online Strategy for Prospective Purchasers

Studies have shown that 93% of buyers search online for a home. That’s a pretty staggering number! Most real estate agents have an Internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

According to NAR , here’s where buyers found the homes they actually purchased:

55% on the Internet
28% from a Real Estate Agent
10% Other
6% from a Yard Sign
1% from Newspapers

The days of selling your house by putting up a sign in your yard or placing an ad in the paper are long gone. Having a strong Internet strategy is crucial.

3. There Are Too Many People to Negotiate With

Here’s a list of some of the people with whom you must be prepared to negotiate if you decide to FSBO:

The buyer, who wants the best deal possible
The buyer’s agent, who solely represents the best interest of the buyer
The buyer’s attorney (in some parts of the country)
The home inspection companies, which work for the buyer will almost always find some problems with the house
The appraiser, if there is a question of value

4. FSBOing Has Become Increasingly Difficult

The paperwork involved in buying or selling a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.

5. You Net More Money When Using an Agent

Many homeowners believe they’ll save the real estate commission by selling on their own, but the seller and buyer can’t both save the commission.

A report by Zillow revealed that FSBOs are inclined to do so because they believe it will save money (46 percent cite this among their top three reasons), but they don’t actually save anything, and eventually end up listing with an agent.

The same report revealed that,

“While 36% of sellers that (at first) attempted to sell their homes on their own, only 11 percent of sellers—in other words, less than a third…actually sold without an agent.”

It appears working with a real estate professional is the best answer.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, let’s get together to discuss your needs.

Expert Insights on the 2020 Housing Market

Tue, 31 Dec 2019 04:26:07 GMT

When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues , we expect interest rates to stay low and appreciation to continue.

Here’s what three experts are saying we’ll likely see in 2020:

Danielle Hale, Chief Economist at realtor.com

“I think the biggest surprise from the forecast is how long the market is staying in this low inventory environment, especially as Millennials are in a major home-buying phase…sellers will contend with flattening price growth and slowing activity with existing home sales down 1.8%. Nationwide you can look to flat home prices with an increase of less than 1%.”

Mike Fratantoni, Chief Economist at Mortgage Banker Association (MBA)

“Interest rates will, on average, remain lower…These lower rates will in turn support both purchase and refinance origination volume in 2020.”

Skylar Olsen, Director of Economic Research at Zillow

“If current trends hold, then slower means healthier and smaller means more affordable. Yes, we expect a slower market than we’ve become accustomed to the last few years…consumers will continue to absorb available inventory and the market will remain competitive in much of the country.”

As we can see, we’re still going to have a healthy market. It is forecasted to be a more moderate (or normal) market than the last few years, but strong enough for Americans to continue to believe in homeownership and to capitalize on the opportunities that come with low interest rates.

Bottom Line

If you’re wondering what’s happening in our local market, let’s get together today.

Selling Your Home? Is Your Listing ‘Pet-Friendly’?

Fri, 20 Dec 2019 08:18:45 GMT

One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers rather than alienate the 61% of American households that have a pet!

If you are one of the many homeowners looking to list your home for sale, how do you stand out to the millions of pet parents searching for their dream homes?

Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they consider their animal to be family. When finding a home, 95% of animal owners believe it is important that a housing community allows animals.

A recent study by the National Association of Realtors (NAR) revealed that there are many aspects of the home buying, selling, and owning experience that has been greatly impacted by Americans' love for their pets.

This should come as no surprise as $66.75 billion was spent on pets in the U.S. in 2016, with $70 billion projected for 2017. NAR’s President William E. Brown shed some light on the impact of pet owners and their home search,

“In 2016, 61 percent of U.S. households either have a pet or plan to get one in the future, so it is important to understand the unique needs and wants of animal owners when it comes to homeownership.

REALTORS® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet owners, and they will enthusiastically agree that their animals are part of their family.”

The Power of Pets When Choosing the Right Home

89% of pet owners say they would not give up their pet due to a housing restriction
81% of Americans say their pets play a role in their housing situation
31% of animal owners have refused to put in an offer on a home because it wasn’t a good fit for their animals
19% of Americans say they would consider moving for their pet
12% percent have moved for their pet

New home builders have actually begun installing retractable pet gates that tuck away neatly inside door jams as a highly requested feature in new homes to attract pet-parents, according to Builder.com.

So, if you are a homeowner looking to sell in today’s pet-friendly environment, point out the features of your home that will attract pet owners:

Fully fenced-in backyard – (91% of pet owners ranked this as the most important feature of a home to accommodate their pet)
Locations of dog parks/walking paths/pet-friendly beaches in the area (71% ranked this as the top feature of any neighborhood they would consider)
Proximity to veterinarians/groomers/pet supply stores (31%)

Bottom Line

Americans love their pets and will look for pet-friendly features in the home they wish to buy, so take advantage of this knowledge by pointing out your home’s ability to meet their needs.

5,300 Reasons to Be Happy You’re a Homeowner

Thu, 19 Dec 2019 08:22:41 GMT

Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value.

CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights Report . The report revealed that:

“U.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.”

The equity in a property is determined by comparing the current value of the property against the outstanding mortgage debt. As prices rise, the equity in a home increases.

The report went on to explain that the average homeowner gain in equity over the last twelve months was $5,300.

Since the housing crash in 2008, many homeowners have felt trapped in their current houses, as they didn’t have enough equity to sell. The gains in equity over the past few years may have freed some homeowners who have the desire to move.

Bottom Line

If you’re curious about your home’s equity, let’s get together to do a market analysis on the current value of your house. You may be pleasantly surprised.

The Biggest Issue Facing Housing Next Year

Wed, 18 Dec 2019 08:27:48 GMT

This coming year the housing market will be defined by 3 things- inventory, interest rates , and appreciation . But the biggest issue the housing market will face in 2020 is an inventory shortage. There aren’t enough homes on the market for buyers, especially on the lower end of the market. This is a topic that has come up frequently within the past several months.

Based on what is forecasted, we know that interest rates are projected to remain low and that appreciation is expected to continue as we move into 2020. Additionally, the upcoming election will provoke many unique perspectives on the health of the US housing market. The challenge will be understanding what is actually happening and how you can best position yourself if you are thinking of buying or selling your home.

Here are several perspectives to consider on the inventory issue facing housing next year:

According to realtor.com :

“Despite increases in new construction, next year will once again fail to bring a solution to the inventory shortage that has plagued the housing market since 2015. Inventory could reach a historic low as a steady flow of demand, especially for entry level homes, and declining seller sentiment combine to keep a lid on sales transactions.”

Diana Olick at CNBC :

“Inventory has been falling annually for five straight months, after it recovered slightly toward the end of last year, due to a spike in mortgage rates. Rates began falling again by spring of this year. Homebuilders have been increasing production slowly, but it’s not enough to meet the increasingly strong demand.”

George Ratiu, Senior Economist with realtor.com

“As millennials — the largest cohort of buyers in U.S. history — embrace homeownership and take advantage of this year’s unexpectedly low mortgage rates, demand is outstripping supply, causing inventory to vanish. The housing shortage is felt acutely at the entry-level of the market, where most millennials are looking to break into the market for their first home.”

Bottom Line

The most important thing you can do is understand what is happening in your local market. You may not be able to avoid some of the issues brought on by low inventory, but you can be educated and prepared. Let’s connect and discuss the options that make the most sense for you and your family.

Buying A Home Is More Affordable Than Renting In 54% Of US Counties

Tue, 17 Dec 2019 08:33:02 GMT

According to ATTOM Data Solutions’ 2018 Rental Affordability Report , “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”

For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department of Labor and Statistics to determine the percentage of income that a family would have to spend on their monthly housing cost (rent or mortgage payments).

Daren Blomquist, Senior Vice President of ATTOM Data Solutions had this to say:

“Although buying is still more affordable than renting in the majority of U.S. housing markets, the majority is shrinking as home price appreciation continues to outpace rental growth in most areas.”

However, the report also shows that the average fair market r ent rose faster than average weekly wages in 60% of the counties analyzed in the report (266 of 447 counties). With rents rising, many renters should consider buying a home soon.

Bottom Line

Rents will continue to rise, and mortgage interest rates are still at historic lows. Before you sign or renew your next lease, let’s get together to help you determine if you are able to buy a home of your own and lock in your monthly housing expense.

Home Inspections: What to Expect

Mon, 16 Dec 2019 08:36:58 GMT

So you made an offer , it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection.

This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some cases, walk away. Your agent can advise you on the best course of action once the report is filed.

How to Choose an Inspector

Your agent will most likely have a short list of inspectors that they have worked with in the past that they can recommend to you. HGTV recommends that you consider the following 5 areas when choosing the right home inspector for you:

Qualifications – find out what’s included in your inspection and if the age or location of your home may warrant specific certifications or specialties.
Sample Reports – ask for a sample inspection report so you can review how thoroughly they will be inspecting your dream home. The more detailed the report, the better in most cases.
References – do your homework – ask for phone numbers and names of past clients who you can call to ask about their experiences.
Memberships – Not all inspectors belong to a national or state association of home inspectors, and membership in one of these groups should not be the only way to evaluate your choice. Membership in one of these organizations often means that continued training and education are provided.
Errors & Omission Insurance – Find out what the liability of the inspector or inspection company is once the inspection is over. The inspector is only human after all, and it is possible that they might miss something they should have seen.

Ask your inspector if it’s okay for you to tag along during the inspection, that way they can point out anything that should be addressed or fixed.

Don’t be surprised to see your inspector climbing on the roof or crawling around in the attic and on the floors. The job of the inspector is to protect your investment and find any issues with the home, including but not limited to the roof, plumbing, electrical components, appliances, heating & air conditioning systems, ventilation, windows, the fireplace and chimney, the foundation, and so much more!

Bottom Line

They say ‘ignorance is bliss,’ but not when investing your hard-earned money into a home of your own. Work with a professional who you can trust to give you the most information possible about your new home so that you can make the most educated decision about your purchase.

Get Your House Ready To Sell This Winter

Fri, 13 Dec 2019 08:39:36 GMT

Some Highlights

Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market.

Waiting for warmer weather when more competition is on the market will only put your house up against many more choices for buyers.

Get your house ready to sell now with quick and easy fixes that make a big impact.

Holiday Gifts Are Not the Only Hot Things Right Now

Thu, 12 Dec 2019 08:43:14 GMT

Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer.

Each month, ShowingTime releases its Showing Index , which tracks the average number of appointments received on active U.S. house listings. The latest index revealed:

“Traffic was more active once again compared to 2018, as the nation saw its third straight month of higher year-over-year showing activity…The 5.5% increase in showings nationwide was the largest jump in activity during the now three-month streak of year-over-year increases vs. 2018.”

The same report indicates showings increased in every region of the country:

The South increased by 10.8%
The West increased by 8.6%
The Northeast increased by 3.8%
The Midwest increased by 1.5%

Why is the traffic more active?

One of the main reasons buyer traffic has increased year-over-year is that mortgage rates have fallen dramatically. According to Freddie Mac, the average mortgage rate last December was 4.64% . Today, the rate is almost a full percentage point lower!

Bottom Line

There are first-time, move-up, and move-down buyers actively looking for the home of their dreams this winter. If you’re thinking of selling your house in 2020, you don’t need to wait until the spring to do it. Your potential buyer may be searching for a home in your neighborhood right now.

Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

Wed, 11 Dec 2019 08:47:18 GMT

There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

As Entrepreneur Magazine , a premier source for small business, explained in their article, “ 12 Practical Steps to Getting Rich,”

“While renting on a temporary basis isn’t terrible, you should most certainly own the roof over your head if you’re serious about your finances. It won’t make you rich overnight, but by renting, you’re paying someone else’s mortgage. In effect, you’re making someone else rich.”

Christina Boyle, Senior Vice President and head of the Single-Family Sales & Relationship Management organization at Freddie Mac , explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

As an owner, your mortgage payment is a form of ‘forced savings’ which allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person with that equity.

Interest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home. Freddie Mac’s latest report shows that rates across the country were at 3.94% last week.

Bottom Line

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy.

Have You Budgeted for Closing Costs?

Tue, 10 Dec 2019 08:56:04 GMT

Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage.

What Are Closing Costs?

According to Trulia ,

“When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home, and can include title insurance, origination fees, underwriting fees, document preparation fees, and more.”

For those who buy a $250,000 home, for example, that amount could be between $5,000 and $12,500 in closing fees. Keep in mind, if you’re in the market for a home above this price range, your costs could be significantly greater. As mentioned before,

Closing costs are typically between 2% and 5% of your purchase price.

Trulia gives more great advice, saying,

“There will be lots of paperwork in front of you on closing day, and not enough time to read them all. Work closely with your real estate agent, lender, and attorney, if you have one, to get all the documents you need ahead of time.

The most important thing to read is the closing disclosure, which shows your loan terms, final closing costs, and any outstanding fees. You’ll get this form about three days before closing since, once you (the borrower) sign it, there’s a three-day waiting period before you can sign the mortgage loan docs. If you have any questions about the numbers or what any of the mortgage terms mean, this is the time to ask—your real estate agent is a great resource for getting you all the answers you need.”

Bottom Line

Let’s get together to discuss the homebuying process, to be sure your plan includes budgeting for what you need to purchase your dream home – without any surprises!

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!

Mon, 09 Dec 2019 09:04:51 GMT

According to CoreLogic , from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.”

According to the 2019 Home Buyer Report from NerdWallet ,

“Thirteen percent of Americans have lost a home due to a financial event such as foreclosure in the past 10 years. More than 6 in 10 of them (61%) have not bought a home since, and 20% of those who haven’t repurchased say they never plan to again.”

This makes sense. They don’t want to go through the same pain again. As a cornerstone of the American dream, nobody wants to lose homeownership. But let’s illustrate this simply: Recall learning to ride your first bike during your childhood. Did you stop riding it because you fell on the ground and scraped your knees? Or did you get back on and try again until you were able to ride without falling?

Purchasing a home is not as simple as learning to ride a bike, but the concept is the same! There are many things necessary to learn that affect the ability to get the financing needed to purchase a home. Past occurrences can determine if there is a waiting period. In other words, you need to let your knees heal before you try again!

As we’ve mentioned in the past, homeownership has many financial and non-financial benefits . Each person needs to go over the pros and cons, taking the time to figure out what is best for their family. Should they continue renting , or should they try to buy again?

The good news is that some “ boomerang buyers ” are getting back into the market. They’re getting back on their bike!

“Of 2.8 million former homeowners whose foreclosures, short sales or bankruptcies dropped off their credit reports from January 2016 to November 2018, 11.5% have obtained a new mortgage, according to a study by credit rating agency Experian for USA Today.”

NerdWallet’s report also mentioned:

6% plan to buy a house this year.
39% intend to buy over the next 3 years.
58% say they will purchase within 5 years.

Bottom Line

If you lost a home due to a financial event but would like to review your options, let’s get together to help you create a plan to obtain a home in the future!

5 Easy Steps to Avoid Overwhelm from Media Overload

Fri, 06 Dec 2019 00:45:16 GMT

When someone is thinking about buying or selling a home, they want to be well informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market.

Today, there is an abundance of information available. It is often conflicting news. It can easily lead to confusion and concern, perhaps even causing a potential buyer or seller to cancel their plans to move altogether. Instead, the best things to do are sit down and take a deep breath.

In a recent article , Jeff Davidson, a recognized speaker on the subject of productivity, explained:

“The pace at which new information arrives will accelerate every day…Too often, the reflex to take action only exacerbates your time-pressure problems. Do not bite off more than you can chew, and acknowledge that often, the wisest response to too much competition for your time and attention is to simply slow down to assess the best way to proceed.”

To that point, here is an easy five-step process to follow if all of this information seems overwhelming:

Calm Down – Don’t let the confusion lead to concern or panic.
Slow Down – As Davidson suggests, just “slow down to assess.”
Think – Remember the reasons you wanted to move in the first place. Are they still important?
Plan – Determine whether or not the new information should change anything. If you need further clarification on some points, reach out to a real estate professional in your area for a better understanding.
Act – After thorough consideration, feel good about your decision, whether you decide to move or not.

Bottom Line

Don’t let the plethora of seemingly conflicting information on the housing market stop you from moving forward with your life. Let’s get together to ensure you get the valuable counsel you need so you can make the right decision for you and your family.

Is A Bigger House Within Your Budget?

Thu, 05 Dec 2019 00:48:29 GMT

At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming of a larger space to call home?

You may have enough equity in your current home to move up.

According to the Q3 2019 U.S. Home Equity & Underwater Report by ATTOM Data Solutions,

“14.4 million residential properties in the United States were considered equity rich, meaning that the combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value.”

This means that one in four of the 54 million mortgaged homes in the U.S. has at least 50% equity. If these homeowners decide to sell, they can use their equity to put toward the purchase of a new home. Maybe you’ll be one of them.

NAR recently released their 2019 Profile of Home Buyers and Sellers showing that,

“This year, home sellers cited that they sold their homes for a median of $60,000 more than they purchased it, up from $55,500 the year prior. This accounted for a 31 percent price gain, up from 29 percent the year before.”

Bottom Line

If you’re one of the many homeowners with big dreams of owning a larger home, let’s get together. Working with a trusted advisor to find out how much equity you have is a great first step in putting your move-up plan in motion.

Tips to Sell Your Home Faster

Wed, 04 Dec 2019 00:54:47 GMT

When selling your house, there are a few key things you can prioritize to have the greatest impact for a faster sale:

1. Make Buyers Feel at Home

Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make buyers feel like they belong in the house. According to the 2019 Profile of Home Staging by the National Association of Realtors, “83% of buyer's agents said staging a home made it easier for a buyer to visualize the property as a future home.”

Not only will your house spend less time on the market, but the same report mentioned that, “One-quarter of buyers’ agents said that staging a home increased the dollar value offered between 1 – 5%, compared to other similar homes on the market that were not staged.”

2. Keep It Organized

Since you took the time to declutter, keep it organized. Before buyers arrive, pick up toys, make the bed, and put away clean dishes. According to the same report, the kitchen is one of the most important rooms to stage in order to attract more buyers. Put out a scented candle or some cookies fresh from the oven. Buyers will remember the smell of your home.

3. Price It Right

More inventory coming into the market guarantees there will be some competition. You want to make sure your home is noticed. A key to selling your house is ensuring it is Priced to Sell Immediately (PTSI) . This means you’ll be driving more traffic to your property, and ultimately creating more interest in your home.

4. Give Buyers Full Access

One of the top four elements when selling your home is access . If your home is available anytime, that opens up more opportunity to find a buyer right away. Some buyers, especially those relocating, don’t have much time available. If they cannot get into the house, they will move on to the next one.

Bottom Line

If you want to sell your home in the least amount of time at the best price with as little hassle as possible, a local real estate professional is a useful guide. Let’s connect today to determine what you need to do to sell your home as quickly as possible.

It’s ‘National Roof Over Your Head’ Day!

Tue, 03 Dec 2019 00:58:39 GMT

Did you know that each year in the United States, we celebrate “ National Roof Over Your Head Day ” on December 3rd?

As noted on the National Calendar , it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many things that we have that we take for granted and do not stop to appreciate how fortunate we are for having them.”

From bungalows to cottages, and farmhouses to treehouses, today we show our appreciation and gratitude for the places we call home. Owning the roof that shelters us is something many renters still aspire to, knowing there are so many financial and non-financial benefits to homeownership.

According to the 2019 State of the Nation’s Housing from the Joint Center for Housing Studies of Harvard University,

“Cost-burdened renters now outnumber cost-burdened homeowners by more than 3.0 million. In addition, renters make up 10.8 million of the 18.2 million severely burdened households that pay more than half their incomes for housing.”

Homeownership drives many benefits, including providing families with a place to feel secure. It also helps promote confidence that they are investing proactively in themselves and their communities. That is why there are 77.7 million owner-occupied housing units in the United States.

Bottom Line

Today we pause to appreciate the places we call home, and all of the other reasons we have to be truly thankful. For those who don’t own yet and would like to, it’s a wonderful time to start identifying the steps to take toward homeownership. Let’s connect today to begin creating your plan.

5 Reasons to Sell This Winter

Mon, 02 Dec 2019 01:02:34 GMT

Below are five compelling reasons to list your house this winter.

1. Demand Is Strong

The latest Buyer Traffic Report from the N ational Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Inventory is still under the 6-month supply needed for a normal housing market. This means in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.

Historically, a homeowner would stay an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

Many homeowners were reluctant to list their homes over the last couple of years, for fear they would not find a home to move into. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you decide to sell.

3. Buyers Are Serious at This Time of Year

Traditionally, homeowners think about spring as a great time to list their homes, when more buyer traffic may be out there actively searching. In the winter, however, the buyers who are seeking a home – whether for relocation or otherwise – are serious ones. They’re ready to make offers and they’re eager to move, often quickly. Your house may be exactly what they’re looking for, so listing when other potential sellers are holding off may be your best opportunity to shine.

4. There Will Never Be a Better Time to Move Up

If your next move will be into the premium or luxury market, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’ll be able to do that now. Demand for your entry-level home is high, and inventory in the luxury or premium market is too.

According to CoreLogic , prices are projected to appreciate by 5.6% over the next year. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in the down payment and in your mortgage) if you wait.

5. It’s Time to Move On With Your Life

Look at the reason you decided to sell in the first place and determine whether it’s worth waiting. Is money more important than being with family? Are you ready to go on with your life the way you think you should?

Only you know the answers to these questions. You have the power to take control of the situation by putting your home on the market this winter. Perhaps the time has come for you and your family to move on and start living the life you desire.

The True Cost of Not Owning Your Home

Tue, 26 Nov 2019 01:06:16 GMT

There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream.

Realtor.com reported that:

“Buying remains the more attractive option in the long term – that remains the American dream, and it’s true in many markets where renting has become really the shortsighted option…a s people get more savings in their pockets, buying becomes the better option.”

Why is owning a home financially better than renting?

Here are the top 5 financial benefits of homeownership:

Homeownership is a form of forced savings.
Homeownership provides tax savings.
Homeownership allows you to lock in your monthly housing cost.
Buying a home is less expensive than renting.
No other investment lets you live inside of it.

Studies have also shown that a homeowner’s net worth is 44x greater than that of a renter.

A family that purchased a median-priced home at the start of 2019 would build more than
$37,750 in family wealth over the next five years with projected price appreciation alone.

Some argue that renting eliminates the cost of taxes and home repairs, but every potential renter must realize that all the expenses the landlord incurs are already baked into the rent payment – along with a profit margin!

Bottom Line

Owning a home has many social and financial benefits that cannot be achieved by renting. Let’s connect to determine if buying a home is your best move.

7 Reasons to List Your House This Holiday Season

Mon, 25 Nov 2019 01:13:06 GMT

Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make.

Here are seven great reasons not to wait:

Relocation buyers are out there now. Many companies are still hiring throughout the holidays, and they need their new employees to start as soon as possible.
Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now .
You can restrict the showings on your home to days and times that are most convenient for you. You will remain in control.
Homes show better when decorated for the holidays.
There is minimal competition for you as a seller right now.
The desire to own a home doesn’t stop during the holidays. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching, and your home may be the answer.
Late fall and early winter make up the “ sweet spot ” for sellers. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights in 2020, which will lessen the demand for your house next year.

Bottom Line

It may make the most sense to list your home this holiday season. Let’s get together to determine if selling now is your best move

Cost Across Time

Fri, 22 Nov 2019 01:19:10 GMT

Some Highlights:

With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low!
According to Freddie Mac , rates are projected to increase to 3.9% by this time next year.
The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year and $7,200 over the life of your loan.
Maybe it’s time to lock in now, while rates are still historically low.

iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

Thu, 21 Nov 2019 01:24:00 GMT

When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer?

According to Jovio, the definition is:

“A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It allows sellers to close on a property quickly. Once sold, the company then turns around and resells the home for a profit.”

Today, there are many iBuyer companies such as OfferPad, Zillow Offers, Knock, Opendoor, and Perch. Even some more traditional companies offer the same or similar services ( ex. Keller Williams, Redfin, Realogy ). Ivy Zelman reported in her ‘Z’ Report that some traditional brokers are partnering with some of the larger iBuyers too:

“Keller Williams announced a partnership with Offerpad, aligning the largest franchise-based brokerage brand in the U.S. with the five-year-old iBuyer. The move follows Realogy’s partnership with Home Partners of America last year as an established brokerage player more directly providing an iBuyer alternative…

Likewise, in early July, Redfin and Opendoor announced a partnership, starting in Phoenix and Atlanta – aligning interests of the 13-year old, tech-enabled and value-focused brokerage with the largest and longest-standing iBuyer. Outside of these larger scale alliances, Zillow’s strategy has been to work with local brokerages as partners on a market-by-market basis.”

Does it make sense to sell your home to an iBuyer?

It depends. Collateral Analytics recently released a study that revealed the advantages and disadvantages of using an iBuyer. According to the study, if the homeowner is looking for the convenience of a quick sale with less uncertainty, using an iBuyer may make sense.

“iBuyers offer quicker closings for sellers who would like to avoid the uncertainty of knowing when and if their home will sell. For motivated sellers who want a predictable sale date and need to move, perhaps a long distance from the current location, there is no question that iBuyers have provided a welcome alternative to traditional brokerage.”

The study, however, also showed there is a cost for that convenience . Collateral Analytics explained:

“Traditional brokers fees generally range from 5% to 7% of the sales price…In addition to this cost, buyers typically pay some closing costs including lender related charges in the range of 1% to 3%.”

In contrast:

“iBuyers charge sellers a ‘convenience fee’ of 6% to 9.5%, some also charge the seller for fees typically paid by buyers at closing adding another 1% or more. Most iBuyers will inspect the home, assess a generous home repair allowance and negotiate a (an additional) credit to handle such repairs…Overall the total direct costs, ignoring repair credits, will run 7% to 10% for an iBuyer, versus the typical 5% to 9% combined seller and buyer costs with a traditional broker. Yet, that is not the end of the story or comparison.”

The study went on to explain how iBuyers need to charge even more because they have additional expenses beyond that of the traditional broker. They include:

Carrying costs involving significant amounts of capital – The iBuyer must pay the expenses of the house between the time they purchase it and the time they sell it to a new buyer.
Safeguarding the home risks – A home with an iBuyer ‘For Sale Sign’ alerts anyone passing that the house is vacant. The study suggests that these homes could become targets for vagrants and criminals.
Adverse selection risks – The study explains that since iBuyers use computer models to determine their offer, they may be unaware of certain challenges in the neighborhood that could adversely impact the value.
Potential home price declines – As the survey states:

“A downturn in home prices, not forecast by the iBuyer market analysts could be devastating as they ramp up their business platforms, particularly if the cost of capital increases. At the same time, downturns are precisely when the most sellers would want this option.”

Bottom Line

After taking a thorough look at the iBuyer platform, the study concludes that using an iBuyer is more expensive for the homeowner than the traditional brokerage model, but for some sellers, it may still make sense:

“These preliminary empirical results suggest that sellers are paying not just the difference in fees of 2% to 5% more than with traditional agencies, and a generous repair allowance, but another 3% to 5% or more to compensate the iBuyer for liquidity risks and carrying costs. In all, the typical cost to a seller appears to be in the range of 13% to 15% depending on the iBuyer vendor. For some sellers, needing to move or requiring quick extraction of equity, this is certainly worthwhile, but what percentage of the market will want this service remains to be seen.”

With Rates & Prices on the Rise, Do You Know the True Cost of Waiting?

Wed, 20 Nov 2019 01:28:44 GMT

There is a great opportunity that exists now for Millennials who are willing and able to purchase a home NOW… Here are a couple of other ways to look at the cost of waiting.

Let’s say you’re 30 and your dream house costs $250,000 today, at 4.41% your monthly Mortgage Payment with Interest would be $1,253.38.

But you’re busy, you like your apartment, moving is such a hassle…You decide to wait till the end of next year to buy and all of a sudden, you’re 31, that same house is $270,000 , at 5.7% . Your new payment per month is $1,567.08.

The difference in payment is $313.70 PER MONTH!

That’s like taking a $10 bill and tossing it out the window EVERY DAY!

Or you could look at it this way:

That’s your morning coffee everyday on the way to work (Average $2) with $12 left for lunch!
There goes Friday Sushi Night! ($80 x 4)
Stressed Out? How about 3 deep tissue massages with tip!
Need a new car? You could get a brand new $22,000 car for $313.00 per month.

Let’s look at that number annually! Over the course of your new mortgage at 5.7%, your annual additional cost would be $3,764.40!

Had your eye on a vacation in the Caribbean? How about a 2-week trip through Europe? Or maybe your new house could really use a deck for entertaining. We could come up with 100’s of ways to spend $3,764, and we’re sure you could too!

Over the course of your 30 year loan, now at age 61, hopefully you are ready to retire soon, you would have spent an additional $112,932 , all because when you were 30 you thought moving in 2014 was such a hassle or loved your apartment too much to leave yet.

Or maybe there wasn’t an agent out there who educated you on the true cost of waiting a year. Maybe they thought you wouldn’t be ready, but if they showed you that you could save $112,932 , you’d at least listen to what they had to say.

They say hindsight is 20/20, we’d like to think that 30 years from now when you are 60, looking back, you would say to buy now…

Expert Advice: 3 Benefits to Owning a Home

Tue, 19 Nov 2019 01:34:07 GMT

Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor have certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate:

1. Real estate diversifies your income

“While it is certainly important to be properly diversified with your investments, it is even more important to be diversified with your income. This is because the largest financial risk for most of you is the loss of your primary source of income, which is typically in the form of a day job.”

The article highlights how having multiple sources of income, such as those derived from real estate investments, can eventually lead to relying less and less on a day job. Sound dreamy? It can be. When done well, real estate investments may eventually open up your time and the financial freedom to explore other things, like travel and other aspirations you may have for the future, particularly in the golden years of retirement .

2. Real estate produces near-immediate results

“You can achieve and feel the results almost immediately. Property improvements are visible and tangible. You can cash, spend, and invest rent payments. Today! Not 30 years in the future.”

Currently, home prices are appreciating in all price ranges, and just last week CoreLogic announced their 12-month home value projection at 5.6%, an increase from 4.5% noted earlier this summer. With that in mind, real estate today is definitely driving immediate results!

3. Passive income can help you become financially independent sooner

“If you need $40,000 a year to live, you could alternatively invest in assets that generate an 8% cash-on-cash return. This is a very reasonable assumption. And it means you would only need to save a total of $500,000 (instead of $1 million). Yet, your investments would still meet your annual household living needs.

While returns, taxes, and inflation can, of course, affect your timeline, cash-flowing real-estate is a clear asset.”

Homeownership is a form of ‘ forced savings .’ Every time you pay your mortgage, you’re contributing to your net worth by increasing the equity in your home, bringing you one step closer to true financial independence.

Bottom Line

If you want to increase your savings and overall net worth, real estate is a great way to go. To learn how you can make it happen, let’s get together to discuss the process.

Who is Brent Sutherland?

Sutherland was 35 when he bought his first single home to rent out for income, less than five years later, he owns eight additional properties and is part of a commercial real estate project.

Who Says Millennials Are Not Buying Houses?

Fri, 15 Nov 2019 01:44:59 GMT

We have often gone against the grain to promote the fact that Millennials have a stronger belief in homeownership than previous generations. Some have strongly disagreed. Well, a new study from the National Association of Realtors (NAR) found Millennials now account for the greatest market share of recent home purchases.

NAR’s Home Buyer and Seller Generational Trends Study for 2014 , revealed that Millennials comprised 31 percent of recent purchases, leading all other age groups. Here are the percentages for other generations:

30% – Generation X
30% – Boomer Generation
9% – Silent Generation

NAR chief economist Lawrence Yun explained:

“Given that Millennials are the largest generation in history after the baby boomers, it means there is a potential for strong underlying demand. Moreover, their aspiration and the long-term investment aspect to owning a home remain solid among young people.”

Other findings from the report:

87% of recent buyers age 33 and younger said they consider their home purchase a “good financial investment”
Millennials were most likely to have a simple desire to own a home of their own as their motive for purchasing
The median age of recent Millennial buyers was 29
The median income was $73,600.
87% purchased an existing home, and they plan to stay in their homes for a median of 10 years.
Younger buyers relied more heavily than older groups on real estate agents on to help them navigate the process.

Bottom Line

Millennials are in the market and recognize the importance of using a real estate professional to guide them to the closing table.

Should I Rent My House if I Can’t Sell It?

Tue, 12 Nov 2019 01:50:28 GMT

There has been a lot written about how buying a home is less expensive than renting one in most parts of the country. Rents are skyrocketing and homes are still at great prices. These two situations are also causing some sellers to consider renting their home instead of selling it. After all, a homeowner can get great rental income now and perhaps wait until house values increase even further before selling.

This logic makes sense in some cases. There is a strong belief that residential real estate is a great investment right now. However, if you have no desire to actually become an educated investor in this sector, you may be headed for more trouble than you were looking for.

Before renting your home, you should answer the following questions to make sure this is the right course of action for you and your family.

10 Questions to ask BEFORE renting your home

How will you respond if your tenant says they can’t afford to pay the rent this month because of more pressing obligations? (This happens most often during the holiday season and back-to-school time when families with children have extra expenses).
Because of the economy, many homeowners cannot make their mortgage payments. What percentage of tenants do you think cannot afford to pay their rent?
Have you interviewed experienced eviction attorneys in case a challenge does arise?
Have you talked to your insurance company about a possible increase in premiums as liability is greater in a non-owner-occupied home?
Will you allow pets? Cats? Dogs? How big is a dog?
How will you actually collect the rent? By mail? In-person?
Repairs are part of being a landlord. Who will take tenant calls when necessary repairs come up?
Do you have a list of craftspeople readily available to handle these repairs?
How often will you do a physical inspection of the property?
Will you alert your current neighbors that you are renting the house?

Bottom Line

Again, renting out residential real estate is historically a great investment. However, it is not without its challenges. Make sure you have decided to rent the house because you want to be an investor, not because you are hoping to get a few extra dollars by postponing a sale.

4 Tips for Making a Competitive Offer

Fri, 08 Nov 2019 01:55:25 GMT

So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true!

Below are 4 steps provided by Freddie Mac to help buyers make offers, along with some additional information for your consideration:

1. Determine Your Price

“You’ve found the perfect home and you’re ready to buy. Now what? Your real estate agent will be by your side, helping you determine an offer price that is fair.”

Based on your agent’s experience and key considerations (like similar homes recently sold in the same neighborhood or the condition of the house and what you can afford), your agent will help you to determine the offer that you are going to present.

Getting pre-approved will not only show home sellers that you are serious about buying, but it will also allow you to make your offer with confidence because you’ll know that you have already been approved for a mortgage in that amount.

2. Submit an Offer

“Once you’ve determined your price, your agent will draw up an offer, or purchase agreement, to submit to the seller’s real estate agent. This offer will include the purchase price and terms and conditions of the purchase.”

Talk with your agent to find out if there are any ways in which you can make your offer stand out in this competitive market! A licensed real estate agent who is active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer.

3. Negotiate the Offer

“Oftentimes, the seller will counter the offer, typically asking for a higher purchase price or to adjust the closing date. In these cases, the seller’s agent will submit a counteroffer to your agent, detailing their desired changes, at this time, you can either accept the offer or decide if you want to counter.

Each time changes are made through a counteroffer, you or the seller have the option to accept, reject or counter it again. The contract is considered final when both parties sign the written offer.”

If your offer is approved, Freddie Mac urges you to “always get an independent home inspection , so you know the true condition of the home.” If the inspector uncovers undisclosed problems or issues, you can discuss any repairs that may need to be made with the seller or even cancel the contract altogether.

4. Act Fast

The inventory of homes listed for sale has remained well below the 6-month supply that is needed for a ‘ normal ’ market. Buyer demand has continued to outpace the supply of homes for sale, causing buyers to compete with each other for their dream homes.

Make sure that as soon as you decide that you want to make an offer, you work with your agent to present it as quickly as possible.

Bottom Line

Whether buying your first home or your fifth, having a local real estate professional who is an expert in his or her market on your side is your best bet in making sure the process goes smoothly. Let’s talk about how we can make your dream of homeownership a reality!

5 Real Estate Reality TV Myths Explained

Thu, 07 Nov 2019 02:05:14 GMT

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “ Property Brothers,” “Fixer Upper, ” and “Love It or List It,” all in one sitting.

When you’re in the middle of your real estate-themed TV show marathon, you might start to think everything you see on the screen must be how it works in real life. However, you may need a reality check.

Reality TV Show Myths vs. Real Life:

Myth #1: Buyers look at 3 homes and decide to purchase one of them.
Truth: There may be buyers who fall in love and buy the first home they see, but according to the National Association of Realtors, the average homebuyer tours 10 homes as a part of their search.

Myth #2: The houses the buyers are touring are still for sale.
Truth: Everything is staged for TV. Many of the homes shown are already sold and are off the market.

Myth #3: The buyers haven’t made a purchase decision yet.
Truth: Since there is no way to show the entire buying process in a 30-minute show, TV producers often choose buyers who are further along in the process and have already chosen a home to buy.

Myth #4: If you list your home for sale, it will ALWAYS sell at the open house.
Truth: Of course, this would be great! Open houses are important to guarantee the most exposure to buyers in your area, but they are only one piece of the overall marketing of your home. Keep in mind, many homes are sold during regular showing appointments as well.

Myth #5: Homeowners decide to sell their homes after a 5-minute conversation.
Truth: Similar to the buyers portrayed on the shows, many of the sellers have already spent hours deliberating the decision to list their homes and move on with their lives and goals.

Bottom Line

Having an experienced professional on your side while navigating the real estate market is the best way to guarantee you can make the home of your dreams a true reality.

How to Determine If You Can Afford to Buy a Home

Wed, 06 Nov 2019 02:09:08 GMT

The gap between the increase in personal income and residential real estate prices havebeen used to defend the concept that we are experiencing an affordability crisis in housing today.

It is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to that equation: mortgage interest rates .

Mortgage interest rates have fallen by more than a full percentage point from this time last year. Today’s rate is 3.75%; it was 4.86% at this time last year. This has dramatically increased a purchaser’s ability to afford a home.

Here are three reports validating that purchasing a home is in fact more affordable today than it was a year ago:

CoreLogic’s Typical Mortgage Payment

“Falling mortgage rates and slower home-price growth mean that many buyers this year are committing to lower mortgage payments than they would have faced for the same home last year. After rising at a double-digit annual pace in 2018, the principal-and-interest payment on the nation’s median-priced home – what we call the “typical mortgage payment”– fell year-over-year again.”

The National Association of Realtors Affordability Index

“At the national level, housing affordability is up from last month and up from a year ago…All four regions saw an increase in affordability from a year ago…Payment as a percentage of income was down from a year ago.”

First American’s Real House Price Index (RHPI)

“In 2019, the dynamic duo of lower mortgage rates and rising incomes overcame the negative impact of rising house price appreciation on affordability. Indeed, affordability reached its highest point since January 2018. Focusing on nominal house price changes alone as an indication of changing affordability, or even the relationship between nominal house price growth and income growth, overlooks what matters more to potential buyers – surging house-buying power driven by the dynamic duo of mortgage rates and income growth. And, we all know from experience, you buy what you can afford to pay per month.”

Though the price of homes may still be rising, the cost of purchasing a home is actually falling. If you’re thinking of buying your first home or moving up to your dream home, let’s connect so you can better understand the difference between the two.

Planning on Buying a Home? Be Sure You Know Your Options

Tue, 05 Nov 2019 02:17:33 GMT

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building the home of their dreams.

According to Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB),

“The second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months.”

This is great news for homebuyers because it means there is additional inventory coming to the market, giving buyers more choices. The most recent data from NAHB shows,

“The inventory of new homes for sale was 321,000 in September, representing a 5.5 months’ supply. The median sales price was $299,400. The median price of a new home sale a year earlier was $328,300.”

Another added bonus is that builders are very aware of buyer demand in this segment, so they’re now building in a price range where there are more interested buyers ($299,400 instead of $328,300). With reduced sales prices and low-interest rates, today’s buyers have strong purchasing power .

Bottom Line

If you’re thinking of buying a home, you may want to consider a new building to meet your family’s needs. Let’s get together to discuss the process and review what’s available in our area.

Taking the Fear Out of the Mortgage Process

Mon, 04 Nov 2019 02:24:58 GMT

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage.

For many, the mortgage process can be scary, but it doesn’t have to be!

In order to qualify in today’s market, you’ll need a down payment (the average down payment on all loans last year was 5%, with many buyers putting down 3% or less), a stable income, and a good credit history.

Once you’re ready to apply, here are 5 easy steps Freddie Mac suggests to follow:

Find out your current credit history and credit score – Even if you don’t have perfect credit, you may already qualify for a loan. The average FICO Score® for all closed loans in September was 737, according to Ellie Mae.
Start gathering all of your documentation – This includes income verification (such as W-2 forms or tax returns), credit history, and assets (such as bank statements to verify your savings).
Contact a professional – Your real estate agent will be able to recommend a loan officer who can help you develop a spending plan, as well as help you determine how much home you can afford.
Consult with your lender – He or she will review your income, expenses, and financial goals in order to determine the type and amount of mortgage you qualify for.
Talk to your lender about pre-approval – A pre-approval letter provides an estimate of what you might be able to borrow (provided your financial status doesn’t change) and demonstrates to home sellers that you’re serious about buying.

Bottom Line

Do your research, reach out to professionals, stick to your budget, and be sure you’re ready to take on the financial responsibilities of becoming a homeowner.

Having a Professional on Your Side Makes All the Difference!

Fri, 01 Nov 2019 02:30:15 GMT

In today’s fast-paced world where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, the addition of more information causes more confusion.

Shows like Property Brothers, Fixer Upper, and dozens more on HGTV have given many a false sense of what it’s like to buy and sell a home.

Now more than ever, you need an expert on your side who is going to guide you toward your dreams and not let anything get in the way of achieving them. Buying and/or selling a home is definitely not something you want to DIY (Do It Yourself)!

Here are just some of the reasons you need a real estate professional in your corner:

There’s more to real estate than finding a house you like online!

There are over 230 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to ensure you achieve your dream?

You Need a Skilled Negotiator

In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the original offer to the possible renegotiation of that offer after a home inspection to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.

What is the home you’re buying or selling worth in today’s market?

There is so much information on the news and on the Internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru , advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

Today’s real estate market is highly competitive. Having a professional who’s been there before to guide you through the process is a simple step that will give you a huge advantage!

4 Tips to Sell Your Home Faster

Thu, 31 Oct 2019 02:36:24 GMT

Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their homes. For those with children, they may want to be in their new home for the beginning of the school year.

If you are one of those sellers, you may find these 4 tips helpful in getting your home sold more quickly.

1. Make buyers feel at home

Declutter your home! Pack away all personal items like pictures, awards, and sentimental belongings. Make them feel like they belong in this house! According to the Profile of Home Staging by the National Association of Realtors,

“83% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.”

Not only will your house spend less time on the market, but the same report mentioned that,

“One-quarter of buyers’ agents said that staging a home increased the dollar value offered between 1 – 5%, compared to other similar homes on the market that were not staged.”

2. Keep it organized

Since you took the time to declutter, keep it organized! Before the buyers show up, pick up toys, make the bed, and put away clean dishes. It is also a good idea to put out some cookies fresh from the oven or a scented candle. Buyers will remember the smell of your home! According to the same report, the kitchen is one of the most important rooms to stage in order to attract more buyers.

3. Give buyers full access

One of the top four elements when selling your home is access ! If your home is available anytime, that opens up more opportunity to find a buyer right away. Some buyers, especially those relocating, don’t have much time available. If they cannot get into the house, they will move on to the next one.

4. Price it right

As we mentioned at the beginning, more inventory coming into the market guarantees there will be some competition. You want to make sure your home is noticed. The key to selling your house in 2019 is ensuring it is Priced to Sell Immediately (PTSI ). That way, your home will be seen by the greatest amount of buyers and will sell at a great price before more competition comes to market!

Bottom Line

If you want to sell your house in the least amount of time at the best price with as little hassle as possible, a local real estate professional is a useful guide. Call them today to find out what you need to do to sell your home more quickly.

Should I Refinance My Home?

Wed, 30 Oct 2019 02:44:46 GMT

With the recent lower interest rates, many homeowners are wondering if they should refinance.

To decide if refinancing is the best option for your family, start by asking yourself these questions:

Why do you want to refinance?

There are many reasons to refinance, but here are three of the most common ones:

Lower your interest rate and payment – This is the most popular reason. If you have a 5% interest rate or higher, it might be worth seeing if you can take advantage of the current lower interest rates, hovering below 4%, to reduce your monthly payment and the overall cost of the loan.
Shorten the term of your loan – If you have a 30-year loan, it may be advantageous to change it to a 15 or 20-year loan to pay off your mortgage sooner.
Cash-out refinances – With home prices increasing, you might have enough equity to cash out and invest in something else, like your children’s education, a vacation home, or a new business.

Once you know why you might want to refinance, ask yourself the next question:

How much is it going to cost?

There are fees and closing costs involved in refinancing, and Lenders Network explains :

“If you were to refinance that loan into a new loan, total closing costs will run between 2%-4% of the loan amount.”

They also explain that there are options for no-cost refinance loans, but be on the lookout:

“A no-cost refinance loan is when the lender pays the closing costs for the borrower. However, you should be aware that the lender makes up this money from other aspects of the mortgage. Usually pay charging a slightly higher interest rate so they can make the money back.”

If you’re comfortable with the costs of refinancing, then ask yourself one more question:

Is it worth it?

To answer this one, we’ll use an example. Let’s assume you have a $200,000 home loan. A 4% refinance cost will be $10,000. If you want to lower your interest rate from 6% to 4% , then refinancing is going to save you $244 per month. To break even ($10,000/$244), you need to continue owning your home for over 40 months.

Now that you know how the math shakes out, think about how much longer you’d like to own your current home. If you plan to stay for more than 3 years, then maybe it is advantageous for you to refinance.

If, however, your current home does not fulfill your present needs, you might want to consider using your potential refinance costs for a down payment on a new move-up home. You will still get a lower interest rate than the one you have on your current house, and with the equity you’ve already built, you can finally purchase the home of your dreams.

Bottom Line

There are many opportunities for growth in the current real estate market. To find out what’s right for your family, let’s get together to help you understand your options and guide you toward the best decision.

Top Priorities When Moving with Kids

Tue, 29 Oct 2019 02:49:37 GMT

According to the Pew Research Center , around 37% of U.S. students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes to finding the right size, location, school district, and more.

Recently, the 2019 Moving with Kids Report from the National Association of Realtors®(NAR) studied “the different purchasing habits as well as seller preferences during the home buying and selling process.” This is what they found:

When Purchasing a Home

The major difference between the homebuyers who have children and those who do not is the importance of the neighborhood. In fact, 53% said the quality of the school district is an important factor when purchasing a home, and 50% select neighborhoods by the convenience to the schools.

Buyers with children also purchase larger, detached single-family homes with 4 bedrooms and 2 full bathrooms at approximately 2,110 square feet.

Furthermore, 26% noted how childcare expenses delayed the home-buying process and forced additional compromises: 31% in the size of the home, 24% in the price, and 18% in the distance from work.

When Selling a Home

Of those polled, 23% of buyers with children sold their home “very urgently,” and 46% indicated “somewhat urgently, within a reasonable time frame.” Selling with urgency can pressure sellers to accept offers that are not in their favor. Lawrence Yun, Chief Economist at NAR explains ,

“When buying or selling a home, exercising patience is beneficial, but in some cases – such as facing an upcoming school year or the outgrowing of a home – sellers find themselves rushed and forced to accept a less than ideal offer.”

For sellers with children, 21% want a real estate professional to help them sell the home within a specific time frame, 20% at a competitive price, and 19% to market their home to potential buyers.

Bottom Line

Buying or selling a home can be driven by different priorities when you are also raising a family. If you’re a seller with children and looking to relocate, let’s get together to navigate the process in the most reasonable time frame for you and your family.

4 Reasons to Buy a Home This Fall

Mon, 28 Oct 2019 02:53:47 GMT

Here are four great reasons to consider buying a home today, instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate of 5.8% over the next year.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase Next Year

The Primary Mortgage Market Survey from Freddie Mac indicates that interest rates for a 30-year mortgage have recently hovered just above 3.5%. This is great news for buyers in the market right now because low-interest rates increase your purchasing power – but don’t wait! Most experts predict rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, and the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

An increase in rates will impact your monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is needed to buy your next home.

3. Either Way, You Are Paying a Mortgage

There are some renters who haven’t purchased a home yet because they’re uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you’re living rent-free with your parents, you are paying a mortgage – either yours or that of your landlord.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing costs to work for you?

4. It’s Time to Move on With Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you’re buying and decide if it is worth waiting for. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over custom renovations, maybe now is the time to buy.

Bottom Line

Buying a home sooner rather than later could lead to substantial savings. Let’s get together to determine if homeownership is the right choice for you and your family this fall.

The Role Access Plays in Getting Your House Sold

Fri, 25 Oct 2019 03:03:44 GMT

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and you’ve been asked what level of access you want to provide to potential buyers.

There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access you can provide to your agent to be able to show your home.

Here are five levels of access you can provide to a buyer, each with a brief description:

Lockbox on the Door – This allows buyers the ability to see the home as soon as they are aware of the listing, or at their convenience.
Providing a Key to the Home – Although the buyer’s agent may need to stop by an office to pick up the key, there is little delay in being able to show the home.
Open Access with a Phone Call – The seller allows showing with just a phone call’s notice.
By Appointment Only – Example: 48-hour notice. Many buyers who are relocating for a new career or promotion start working in that area prior to purchasing their home. They often like to take advantage of free time during business hours (such as their lunch break) to view potential homes. Because of this, they may not be able to plan their availability far in advance or may be unable to wait 48 hours to see the house.
Limited Access – Example: the home is only available for a couple of hours a day. This is the most difficult way to be able to show your house to potential buyers.

In a competitive marketplace, access can make or break your ability to get the price you are looking for, or even sell your house at.

Depending on the Price, You’re Going to Need Advice

Thu, 24 Oct 2019 03:07:05 GMT

To understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons than you may think.

In real estate today, there are essentially three different price points in the market: the starter-home market, the middle-home market, and the premium or luxury market. Each one is unique, and depending on the city, the price point in these categories will vary. For example, a starter or lower-end home in San Francisco, California is much more expensive than almost any other part of the country. Let’s explore what you need to know about each of these tiers.

Starter-Home Market: This market varies by price, and these homes are typically purchased by first-time home buyers or investors looking to flip them for a profit. Across the country, homes in this space currently have less than 6 months of inventory for sale. That means there aren’t enough homes on the lower end of the market for the number of people who want to buy them. A low supply like this generally increases competition, drives bidding wars, and sets up an environment where homes sell above the listing price.

According to data from the National Association of Realtors (NAR) on realtor.com ,

“The desire for affordability continues to push down the inventory for homes listed for less than $200,000.00.”

Middle-Home Market: This segment is often thought of as the move-up market. Typically, the buyer in this market is moving up to a larger, more custom home with more features, all coming at a higher price. Across the country, this market is looking more balanced than the lower end of the market, meaning it has closer to a 6-month supply of inventory for sale. This market is more neutral but leans towards a seller’s market .

Premium & Luxury Home Market: This is the top end of the market with larger homes that have even more custom features and upgrades. Nationwide, this market is growing in the number of homes for sale. In the same realtor.com article, we can see that the year-over-year inventory of homes in this tier has grown by 4.7%.

Today, there are more homes available in the premium and luxury space, leading to more of a buyer’s market at this end.

Bottom Line

Depending on the segment of the market and the price point you’re looking at, you’re going to need the advice of a true local market expert. Let’s get together to help you navigate the home-buying or selling process in your market.

3 Reasons to Use a Real Estate Pro in a Complex Digital World

Wed, 23 Oct 2019 03:14:00 GMT

If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to start the home-buying process, and the truth on why it should never be your only go-to resource when it comes to making such an important decision.

According to the National Association of Realtors (NAR), the three most popular information sources home buyers use in the home search are:

Online website (93%)
Real estate agent (86%)
Mobile/tablet website or app (73%)

Clearly, you’re not alone if you’re starting your search online; 93% of home buyers are right there with you. The even better news: 86% of buyers are also getting their information from a real estate agent at the same time.

Here are 3 top reasons why using a real estate professional in addition to a digital search is key:

1. There’s More to Real Estate Than Finding a Home Online. It’s a lonely and complicated trek around the web if you don’t have a real estate professional to also help you through the 230 possible steps you’ll face as you navigate through a real estate transaction. That’s a pretty staggering number! Determining your price, submitting an offer, and successful negotiation are just a few of these key steps in the sequence. You’ll definitely want someone who has been there before to help you through it.

2. You Need a Skilled Negotiator. In today’s market, hiring a talented negotiator could save you thousands, maybe even tens of thousands of dollars. From the original offer to the appraisal and the inspection, many of the intricate steps can get complicated and confusing. You need someone who can keep the deal together until it closes.

3. It Is Crucial to Make a Competitive and Compelling Offer. There is so much information out there in the news and on the Internet about home sales, prices, and mortgage rates. How do you know what’s specifically going on in your area? How do you know what to offer on your dream home without paying too much or offending the seller with a lowball offer?

Dave Ramsey, the financial guru , advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring a real estate professional who has his or her finger on the pulse of the market will make your buying experience an informed and educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

If you’re ready to start your search online, let’s get together. You’ll want someone who is educated and informed at your side who can answer your questions and guide you through a process that can be complex and confusing if you go at it with the Internet alone.

3 Reasons This is NOT the 2008 Real Estate Market

Tue, 22 Oct 2019 03:17:48 GMT

No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t hold up.

SUPPOSITION #1

A critical warning sign last time was the surging gap between the growth in home prices and household income. Today, home values have also outpaced wage gains. As in 2006, a lack of affordability will kill the market.

Counterpoint

The “gap” between wages and home price growth has existed since 2012. If that is a sign of a recession, why didn’t we have one sometime in the last seven years? Also, a buyer’s purchasing power is MUCH GREATER today than it was thirteen years ago. The equation to determine affordability has three elements: home prices, wages, AND MORTGAGE INTEREST RATES. Today, the mortgage rate is about 3.5% versus 6.41% in 2006.

SUPPOSITION #2

In 2018, as in 2005, housing-price growth began slowing, with significant price drops occurring in some major markets. Look at Manhattan where home prices are in a “near free-fall.”

Counterpoint

The only major market showing true depreciation is Seattle, and it looks like home values in that city are about to reverse and start appreciating again. CoreLogic is projecting home price appreciation to reaccelerate across the country over the next twelve months.

Regarding Manhattan, home prices are dropping because the city’s new “mansion tax” is sapping demand. Additionally, the new federal tax code that went into effect last year continues to impact the market, capping deductions for state and local taxes, known as SALT, at $10,000. That had the effect of making it more expensive to own homes in states like New York.

SUPPOSITION #3

Prices will crash because that is what happened during the last recession.

Counterpoint

It is true that home values sank by almost 20% during the 2008 recession. However, it is also true that in the four previous recessions, home values depreciated only once (by less than 2%). In the other three, residential real estate values increased by 3.5%, 6.1%, and 6.6%.

Price is determined by supply and demand. In 2008, there was an overabundance of housing inventory (a 9-month supply). Today, housing inventory is less than half of that (a 4-month supply).

Bottom Line

We need to realize that today’s real estate market is nothing like the 2008 market. Therefore, when a recession occurs, it won’t resemble the last one.

5 Tips for Starting Your Home Search

Mon, 21 Oct 2019 03:23:02 GMT

In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from realtor.com’s article , “How to Find Your Dream Home—Without Losing Your Mind.”

1. Get Pre-Approved for a Mortgage Before You Start Your Search

One way to show you’re serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage. Even if you’re in a market that is not as competitive, understanding your budget will give you the confidence of knowing whether or not your dream home is within your reach. This will help you avoid the disappointment of falling in love with a home well outside your price range.

2. Know the Difference Between Your ‘Must-Haves’ and ‘Would-Like-To-Haves’

Do you really need that farmhouse sink in the kitchen to be happy with your home choice? Would a two-car garage be a convenience or a necessity? Before you start your search, list all the features of a home you would like. Qualify them as ‘must-haves’, ‘should-haves’, or ‘absolute-wish list’ items. This will help you stay focused on what’s most important.

3. Research and Choose a Neighborhood Where You Want to Live

Every neighborhood has a unique charm. Before you commit to a home based solely on the house itself, take a test drive of the area. Make sure it meets your needs for “a menities, commute, school district , etc., and then spend a weekend exploring before you commit.”

4. Pick a House Style You Love and Stick to It

Evaluate your family’s needs and settle on a style of home that will best serve those needs. Just because you’ve narrowed your search to a zip code doesn’t mean you need to tour every listing in that vicinity. An example from the article says, “ if you have several younger kids and don’t want your bedroom on a different level, steer clear of Cape Cod–style homes, which typically feature two or more bedrooms on the upper level and the master on the main.”

5. Document Your Home Visits

Once you start touring homes, the features of each individual home will start to blur together. The article suggests keeping your camera handy and making notes on the listing sheet to document what you love and doesn’t love about each property you visit.

Bottom Line

In a high-paced, competitive environment, any advantage you can give yourself will help you on your path to buying your dream home.

Things to Avoid After Applying for a Mortgage

Fri, 18 Oct 2019 03:28:53 GMT

Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how your decisions will impact your home loan.

Below is a list of Things You Shouldn’t Do After Applying for a Mortgage. Some may seem obvious, but some may not.

1. Don’t Change Jobs or the Way You Are Paid at Your Job. Your loan officer must be able to track the source and amount of your annual income. If possible, you’ll want to avoid changing from salary to commission or becoming self-employed during this time as well.

2. Don’t Deposit Cash into Your Bank Accounts . Lenders need to source your money, and cash is not really traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer.

3. Don’t Make Any Large Purchases Like a New Car or Furniture for Your New Home. New debt comes with it, including new monthly obligations. New obligations create new qualifications. People with new debt have a higher-debt-to income ratios…higher ratios make for riskier loans…and sometimes qualified borrowers no longer qualify.

4. Don’t Co-Sign Other Loans for Anyone. When you co-sign, you are obligated. As we mentioned, with that obligation comes higher ratios as well. Even if you swear you will not be the one making the payments, your lender will have to count the payments against you.

5. Don’t Change Bank Accounts. Remember, lenders need to source and track assets. That task is significantly easier when there is consistency among your accounts. Before you even transfer any money, talk to your loan officer.

6. Don’t Apply for New Credit. It doesn’t matter whether it’s a new credit card or a new car. When you have your credit report run by organizations in multiple financial channels ( mortgage, credit card, auto, etc. ), your FICO® score will be affected. Lower credit scores can determine your interest rate and maybe even your eligibility for approval.

7. Don’t Close Any Credit Accounts. Many clients erroneously believe that having less available credit makes them less risky and more likely to be approved. Wrong. A major component of your score is your length and depth of credit history (as opposed to just your payment history) and your total usage of credit as a percentage of available credit. Closing accounts has a negative impact on both of those determinants in your score.

Bottom Line

Any blip in income, assets, or credit should be reviewed and executed in a way that ensures your home loan can still be approved. The best advice is to fully disclose and discuss your plans with your loan officer before you do anything financial in nature. They are there to guide you through the process.

What Buyers Need to Know About HOAs

Thu, 17 Oct 2019 03:33:27 GMT

When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you.

According to a recent article on realtor.com ,

“In a nutshell, an HOA helps ensure that your community looks its best and functions smoothly…The number of Americans living in homes with HOAs is on the rise, growing from a mere 1% in 1970 to 25% today, according to the Foundation for Community Association Research.”

An HOA is governed by a board nominated by those living in the neighborhood. It is designed to make sure the residents have a support structure to maintain the value of the community while abiding by a set of guidelines called Common Restrictive Covenants (CC&R),

“Simply put, CC&Rs are just the rules you’ll have to follow if you live in that community. Unlike zoning regulations, which are government-imposed requirements on how land can be used, restrictive covenants are established by HOAs to maintain the attractiveness and value of the property.”

It’s important for homeowners to understand that each HOA is a little different, and they usually have monthly or quarterly fees required for homeowners. These fees can vary based on the property size, number of residents, amenities, and more. There may be additional fees charged to homeowners if the reserve fund for the HOA cannot cover a major or unexpected cost, like severe storm damage.

The fees, however, also help maintain common areas such as swimming pools, tennis courts, elevators (for high-rise buildings), and regular wear and tear. Although they are an added cost to the homeowner, an HOA can be a major benefit when it comes to maintaining the value of your neighborhood and your property.

The same article continues to say,

“After your offer to buy a home is accepted, you are legally entitled to receive and review the community’s CC&Rs over a certain number of days (typically between three and 10)…If you spot anything in the restrictive covenants you absolutely can’t live with, you can bring it up with the HOA board or just back out of your contract completely (and keep your deposit).”

Most lenders will factor your HOA fees into your loan package, ensuring the amount of the loan is appropriate for what you can truly afford.

There are some great benefits to having an HOA oversee your neighborhood, and it’s important to understand what fees, structures, and regulations will come into play if there is an HOA where you’d like to live.

Bottom Line

When you’re looking at a potential property to buy, let’s get together so you have a professional who can help you understand the neighborhood’s HOA structure and fees. This way, you’ll feel confident and fully informed when buying a home.

Be on the Lookout for Gen Z: The Next Generation of Homebuyers

Wed, 16 Oct 2019 03:37:14 GMT

You’ve likely heard a ton about Millennials, but what about Gen Z? In the next 5 years, this generation will be between the ages of 23 and 28, and they’re eager to become homeowners faster than you may think.

According to realtor.com , “Nearly 80 percent of Generation Z members say they want to own a home before age 30,” and Concentrix Analytics said, “52% of prospective Gen Z buyers are already saving to buy a home.”

Wikipedia defines Generation Z (Gen Z) as “ the demographic cohort after the Millennials. Demographers and researchers typically use the mid-1990s to mid-2000s as starting birth years.”

The report from Concentrix goes a little deeper on Gen Z, identifying the main reasons this cohort wants to own homes:

55% want to own a home because they want to start a family
47% want to build wealth over time
33% want to make their family proud

Although they’re eager to buy, this generation also perceives a few challenges ahead:

66% believe saving for a down payment and closing costs will be challenging
58% feel covering the monthly costs of owning may be difficult
52% perceive a lack of knowledge about where to start

It is also interesting to note that 21% of Gen Zers think their parents will provide financial help, 17% will use a down payment assistance program, and 15% believe other family members will help them. One of the highlights of the report mentioned,

“More than half of Gen Zers who think they’ll receive help also think they will need to pay their parents back, compa red to 40 percent of millennials.”

Bottom Line

It is never too early to start saving for your own home, whether you are part of Gen Z or a different generation. If you would like to know where to start and how much you need to save to reach your goal of buying a home, let’s get together so you can better understand the process.

Existing-Home Sales Report Indicates Now Is a Great Time to Sell

Tue, 15 Oct 2019 03:41:28 GMT

The best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing-Home Sales Report released by the National Association of Realtors (NAR), reveals that demand for housing continues to be strong, but the supply is struggling to keep pace. With this trend likely continuing throughout 2020, now is a great time to sell your house.

THE EXISTING-HOME SALES REPORT

The most important data revealed in this report was not actually sales. In reality, it was the inventory of homes for sale (supply). The report explained:

Total housing inventory at the end of August decreased 2.6% to 1.86 million homes available for sale.
Unsold inventory is lower than the 4.3-month figure recorded in August 2018.
This represents a 1-month supply at the current sales pace.

According to Lawrence Yun, Chief Economist at NAR,

“Sales are up, but inventory numbers remain low and are thereby pushing up
home prices.”

In real estate, there is a simple guideline that often applies here. Essentially, when there is less than a 6-month supply of inventory available, we are in a seller’s market and we will see greater appreciation. Between a 6 to 7-month supply is a neutral market, where prices will increase at the rate of inflation. More than a 7-month supply means we are in a buyer’s market and can expect depreciation in home values.

As we mentioned before, there is currently a 4.1-month supply of homes on the market, and houses are going under contract fast. The Existing Home Sales Report also shows that 49% of properties were on the market for less than a month when they were sold. In August, properties sold nationally were typically on the market for 31 days . As Yun notes, this should continue,

“As expected, buyers are finding it hard to resist the current rates…The desire to take advantage of these promising conditions is leading more buyers to the market.”

Takeaway: Inventory of homes for sale is still well below the 6-month supply needed for a normal market, and supply will fail to catch up with demand if a sizable supply does not enter the market.

Bottom Line

If you are going to sell, now may be the time to take advantage of the ready, willing, and able buyers who are out there searching for your house to become their dream home.

Should You Fix Your House Up or Sell Now?

Fri, 11 Oct 2019 03:45:30 GMT

With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves empty nesters for the first time. The question inevitably arises: is it finally time to downsize ?

If you’re pondering that thought, you may also be wondering if you should fix-up your house before you sell it, or go straight to the market as-is, allowing a potential buyer to do the updates and remodeling. If you’re one of the many homeowners this camp, here are a few tips to help you decide which way to go.

1. Analyze Your Market

A real estate professional can help you to understand your market and the potential level of buyer interest and demand for your home. Are you in a seller’s market or a buyer’s market? This can change based on the price range of your home, too. A professional can also give you some insight on what you can change or remodel , and how to declutter your house to make it attractive to buyers in your area.

2. Get an Inspector

Right now, the average length of time a family stays in a home is between 9-10 years. That’s a little longer than the historical average , so if you’ve been living in your home for a while, it might be time to make some significant improvements. Think: electrical system, HVAC units, roof, siding, etc. An inspector can give you a better idea of the condition of your home, if it is up to current code standards, and recommendations on how to have your house ready before you put it on the market.

3. Decide If You Need to Remodel

You may also be thinking about driving buyer appeal with something like a kitchen or a bathroom remodel. If so, first dig into the market value of your home, and compare it to the actual cost of the remodel. A local real estate professional can help you determine your home’s market value, and you’ll want to get a few quotes from contractors on the potential remodel pricing as well. Once you have those two factors narrowed down, you can to decide if a remodel will give you a return on your investment when you sell. Oftentimes, it is actually more advantageous to price your house to sell , list it competitively, and then let the buyer pick the colors they want for their bathroom tiles and the type of countertop they prefer. The 2 019 Cost vs. Value Report in Remodeling Magazine compares the average cost for remodeling projects with the value those projects typically retain at resale.

Bottom Line

Nationwide, inventory is low, meaning there is less than the 6-month housing supply needed for a normal market. This drives buyer demand, creating a perfect time to sell . If you’re considering selling your house, let’s get together to help you confidently determine what will be the best choice for you and your family.

5 Powerful Reasons to Own Instead of Rent

Thu, 10 Oct 2019 03:49:35 GMT

Owning a home has great financial benefits.

In a recent research paper, Homeownership and the American Dream , Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:

“Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ savings with mortgage amortization and nominally fixed payments, and the potential to lower home maintenance costs through sweat equity.”

Let’s break down 5 major financial benefits of homeownership:

1. Housing is typically the one leveraged investment available

Homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. A 20% down payment results in a leverage factor of five, meaning every percentage point rise in the value of your home is a 5% return on your equity. If you put down 10%, your leverage factor is 10.

Example: Let’s assume you purchased a $300,000 home and put down $60,000 (20%). If the house appreciates by $30,000, that is only a 10% increase in value but a 50% increase in equity.

2. You’re paying for housing whether you own or rent

Some argue that renting eliminates the cost of property taxes and home repairs. Every potential renter must realize that all the expenses the landlord incurs (property taxes, repairs, insurance, etc.) are baked into the rent payment already – along with a profit margin!!

3. Owning is usually a form of “forced savings”

Studies have shown that homeowners have a net worth that is 44X greater than that of a renter. As a matter of fact, it was recently estimated that a family buying an average-priced home this past January could build more than $42,000 in family wealth over the next five years.

4. Owning is a hedge against inflation

House values and rents tend to go up at or higher than the rate of inflation. When you own, your home’s value will protect you from that inflation.

5. There are still substantial tax benefits to owning

We know that the new tax reform bill puts limits on some deductions on certain homes. However, in the research paper referenced above, the authors explain:

“…the mortgage interest deduction is not the main source of these gains; even if it were removed, homeowners would continue to benefit from a lack of taxation of imputed rent and capital gains.”

Bottom Line

From a financial standpoint, owning a home has always been and will always be better than renting.

Space Coast Real Estate Blog

Is Your Home Haunted?

Is Your Home Haunted? What Florida Sellers and Buyers Need to Know ��

Yes… This Is Actually a Thing in Real Estate

Do Haunted Houses Exist in Florida?

Do You Have to Disclose a Haunted House in Florida?

Red Flags Buyers Look For ��

(Whether They Admit It or Not)

Covered Mirrors

Sudden Cold Spots

Objects Moving or Falling

Locked Rooms That Make No Sense

Strange or Unexplained Smells

Seller Tip: Don’t Create Suspicion

Buyer Tip: Stay Logical (But Trust Your Gut)

The Real Truth About “Haunted” Homes

Final Thoughts ��

What Do Buyers Say Behind Your Back?

What Do Buyers Say After They Leave Your House?

The Honest Truth Sellers Need to Hear

Buyers Often Walk In Without Being on the Same Page

Yes, Buyers Really Bring Outside Decision-Makers Into the Process

Buyers Will Pick Your House Apart

Why Sellers Should Not Watch Buyer Camera Footage

The Goal Is to Find the Right Match

Tips for Sellers Preparing for Showings

1. Expect buyers to notice small things

2. Neutral updates can help

3. Do not take buyer comments personally

4. Focus on presentation

5. Trust the process

Final Thoughts: What Buyers Say Matters, But It Is Not the Whole Story

Avoid These Mistakes In Your Home

Avoid These Homeowner Mistakes That Could Hurt Your Home

1. Carpet in Bathrooms (Just…No)

2. Carpet in Kitchens

3. Using Extension Cords as Permanent Wiring

4. DIY Plumbing Disasters

5. Painting Over Light Switches and Outlets

Why These Mistakes Matter When Selling Your Home

Final Thoughts

5 Things You Should Know Before Moving to Florida

What Newcomers to the Space Coast Need to Know Before Relocating

1. Florida Mosquitoes Aren’t the Only Bugs You Need to Worry About

2. Salt Air Corrosion Is Real — Even If You Don’t Live on the Ocean

3. If It’s a Body of Water in Florida, Assume There’s an Alligator in It

A few common-sense Florida safety tips:

4. Love Bug Season Is a Real Thing

5. Rocket Launches Are Amazing… Until They Wake You Up

Final Thoughts on Moving to the Space Coast

Would You Be Prepared For a Hurricane?

Hurricane Preparation on Florida’s Space Coast ﻿

Would You Be Ready If a Storm Hit Florida?

��️ Space Coast Hurricane Reality Check

�� Secure Outdoor Furniture & Loose Items

✔ What to do:

�� Pro Tip:

�� Don’t Forget Exterior Cameras & Electronics

�� Pool Cage & Screen Enclosure Risks

�� Invest in Quality Hurricane Shutters

Why shutters matter:

��️ Protect Against Wind-Driven Rain

✔ Quick Hurricane Prep Checklist

Outside:

Home Protection:

Safety:

Final Thoughts from Your Hometown Realtor

What is a Lady Bird Deed?

Avoid Probate & Protect Your Home for Your Children

�� Why You Should NOT Add Your Children to Your Deed

❌ Capital Gains Tax Problems

❌ Divorce & Creditor Risk

✅ What Is a Lady Bird Deed?

How a Lady Bird Deed Works

Why Florida Homeowners Love Lady Bird Deeds

✔ Avoid Probate

✔ Maintain Control

✔ Protect Your Home

✔ Preserve Tax Benefits

Is a Lady Bird Deed Right for You?

Hurricane Preparation on Florida’s Space Coast

�� The Homeowner's Dilemma: Buy First, Sell First, or Both?