At Finding Your Perfect Home Brokered by eXp, we specialize in providing exceptional seller services to homeowners. With a wealth of experience and an in-depth knowledge of the local real estate market, our team is dedicated to guiding homeowners through the entire process of preparing, listing, and successfully selling their properties.
Our journey with homeowners commences with a comprehensive consultation. We invest time in understanding your unique needs and aspirations while providing valuable insights into the current real estate market dynamics and local trends. During this initial discussion, we will outline the meticulous process of listing and marketing your property and provide a transparent overview of the associated costs and fees involved in selling a home.
Once we have a clear understanding of your requirements, we embark on preparing your property for sale. This may involve recommending necessary improvements or repairs and suggesting staging techniques that enhance your property's appeal to potential buyers. We professionally photograph your property and craft a meticulously detailed listing that showcases its size, location, and distinctive features.
Our marketing strategies harness the latest technology, including the dynamic reach of social media and premier real estate listing websites, to ensure maximum visibility to a broad audience. Additionally, we create and distribute captivating property flyers and conduct open houses to attract potential buyers.
As interest from prospective buyers materializes, our team excels in negotiations. We collaboratively determine an appropriate asking price and effectively communicate this information to interested buyers. We adeptly guide you through the intricate offer and counteroffer process, working seamlessly with the buyer's realtor to facilitate a smooth transaction.
Upon acceptance of an offer, we orchestrate the various tasks essential for progressing towards the closing. This involves arranging inspections, acquiring necessary approvals and paperwork, and maintaining clear communication with all parties involved in the transaction.
At Finding Your Perfect Home Brokered by eXp, we recognize that selling a home can be a multifaceted and emotionally charged journey. With our wealth of experience and expertise, we serve as your trusted navigators, helping you realize your objectives. Our services encompass expert advice, result-driven marketing, and adept handling of negotiations and closing procedures, ensuring that you sell your home swiftly and at the best possible price.
Our team is committed to providing exceptional service while fostering long-lasting client relationships. As a collective of dedicated professionals, we steadfastly offer guidance and support throughout every process phase, ensuring you remain informed and comfortable.
In conclusion, Finding Your Perfect Home Brokered by eXp is the ultimate partner for homeowners seeking to sell their properties. With our extensive expertise, technological prowess, and unwavering dedication to excellence, we streamline the home-selling process, making it as seamless and stress-free as possible. With our assistance, you can quickly sell your home and achieve the optimal price, propelling you toward your next exciting adventure.
Please explore the additional offerings on the right for a comprehensive overview of our services.
The experience of purchasing your first home should be a source of joy and fulfillment, leaving you with cherished memories to cherish in the years to come.
If you are contemplating selling your home in the near future, it's crucial to understand that today's housing market is truly exceptional and distinct from anything we've seen before.
When buying or selling a home, there are so many options…which can also present a lot of obstacles. Laws change, forms change, and practices change all the time in the real estate industry. Because it’s our job to stay on top of those things, hiring a realtor reduces risk, and can also save you a lot of money in the long run.
When you work with me as your Realtor, you’re getting an expert who knows the area; knows how to skillfully guide your experience as a seller or buyer; can easily spot the difference between a good deal and a great deal. My job is to translate your dream into a real estate reality, and I work hard to earn and keep my business. This also means earning your trust: When you work with me, you’ll be working with a realtor who looks out for your best interests and is invested in your goals.
There are two different types of loans conventional loans and government-backed loans. The main difference is who insures these loans:
1 - Government-backed loans (FHA, VA and USDA):
(a) - Are, unsurprisingly, backed by the government.
(b) - Include FHA loans, VA loans, and USDA loans.
(c) - Make up less than 40 percent of the home loans generated in the U.S. each year.
2 - Conventional loans:
(a) - Are not backed by the government.
(b) - Include conforming and non-conforming loans (such as jumbo loans).
(c) - Make up more than 60 percent of the loans generated in the U.S. each year.
1 - FHA LOANS:
FHA loans, which are insured by the Federal Housing Administration, are typically designed to meet the needs of first-time homebuyers with low or moderate incomes. FHA loans can be approved with a down payment of as little as 3.5 percent and a credit score as low as 580.
FHA loans are often called “helper loans,” because they give a leg up to potential borrowers who may not be able to secure one otherwise. For this reason, FHA loans have maximum lending limits, which are determined based on housing values for the county where the for-sale home is located.
Because the agency is taking on more risk by insuring FHA loans, the borrower is expected to pay mortgage insurance both at the time of closing and on a monthly basis, and the property must be owner-occupied.
2 - VA LOANS:
VA loans are backed by the Department of Veterans Affairs and they are guaranteed to qualified veterans and active-duty personnel and their spouses. VA loans can be approved with 100 percent financing, meaning VA borrowers are not required to make a down payment.
Unlike FHA loans, borrowers do not have to pay mortgage insurance on VA loans.
3 - USDA LOANS:
You may also hear about USDA loans, which are backed by the United States Department of Agriculture mortgage program. USDA loans are intended to support homeowners who purchase homes in rural and some suburban areas. USDA loans do not require a down payment and may offer lower interest rates; borrowers may have to pay a small mortgage insurance premium in order to offset the lender’s risk.
Buyers who have a more established credit history and a larger down payment may prefer to apply for a conventional loan. These loans may offer a lower interest rate and only require the home buyer to purchase monthly mortgage insurance while the loan-to-value ratio is above a certain percentage, so a conventional loan borrower can typically save money in the long run.
Conventional loans are divided into two types: Conforming loans and non-conforming loans.
1 - CONFORMING LOANS:
Conforming loans are those that meet (or conform to) predetermined standards set by Fannie Mae and Freddie Mac — two government-sponsored institutions that buy and sell mortgages on the secondary market. By selling the loans to "Fannie and Freddie," lenders can free up their capital and return to issue more mortgages than if they had to personally back every loan that they approve.
The main standard for conforming loans is that the amount borrowed must be under a certain amount; in Alaska, a single-family home loan must be under $647,200 in order to be considered conforming.
Properties with more than one unit have higher limits.
2 - NON-CONFORMING (JUMBO) LOANS:
But what happens if a borrower wants to borrow more than the Freddie- and Fannie-approved loan amount? In this case, they would have to apply for a “jumbo loan,” which is the most common type of non-conforming loan.
Because the lender cannot resell the jumbo loan (or any non-conforming loan) to Freddie Mac or Fannie Mae, jumbo loans are considered to be riskier than a conforming loan. To protect against this risk, the bank will typically require a higher down payment; the interest rate on a jumbo loan may also be higher than if the same borrower applied for a conforming loan.
Rate types: Fixed-rate vs. adjustable-rate mortgages.
In addition to the loan type you choose, you’ll also have to determine if you want a fixed-rate mortgage or an adjustable-rate mortgage (ARM). A fixed-rate mortgage has an interest rate that does not change for the life of the loan, so it provides predictable monthly payments of principal and interest.
An adjustable-rate mortgage typically offers an initial introductory period with a low-interest rate. Once this period is over, the interest rate adjusts periodically, based on the market index. The initial interest rate on an ARM can sometimes be locked in for different periods, such as one, three, five, seven, or 10 years. Once the introductory period is over, the interest rate typically readjusts annually.