The time has come and you are ready to buy, but before you start searching for your next home review this checklist. This list helps you prepare your budget in advance and guide you to financial success in the future.
1. Reduce Debt & Increase Credit Score: Before you start looking for your next home you should request a credit report. This will give you a starting point on understanding your credit score before you request a loan. Your credit score will influence the interest rate of your loan.
2. Save Money to Set Yourself Up with a Large Down Payment: While it is possible to purchase a home without a 20% down payment it’s best to get as close as possible. This will allow you to have a smaller mortgage rate, Avoid PMI, and receive a better rate. If you do not have a 20% down payment you may qualify for a VA or FHA loan.
As you begin the process to find your next home checking these items off your list will provide you with a more successful home buying experience. Our team is here to help you! Let us know the area and/or neighborhood you are looking to live along with your top needs our team of professionals will assist with finding your next home.
Aloha! I am Marie L. Priola, dedicated REALTOR®, real estate investor, military wife, and mother. She has a Bachelor’s of Science degree from Chaminade University of Honolulu, Hawaii with some courses in business, marketing, and entrepreneur. Being a member of HRRA (Hampton Roads REALTOR® Association) this holds her to a higher standard of education, training, and a code of ethics. She is also a member of PREIA (VA Peninsula Real Estate Investors Association) since 2014 that introduces her to many investors, cash buyers, and vendors in the area to help sell your distressed property for cash NOW! She has a loving husband that is a service member in the United States Navy so she understand having to move from one state to another with little to no notice, so she is perfect agent to help put your home on the market, up for rent, or help you find a home to buy for you and your family. She stays involved with the community by attending local events, military events, festivals, etc. She also has over 10 years of customer service experience, years of real estate investing knowledge, college education and training. I have an amazing international company with EXIT Realty Central that donates to Habitat For Humanity International with a portion of each transaction, we work as a team to provide the best service for your needs, we have a marketing team with over 25 years of experience plus many awards for top producers, sales agents of the year, Outstanding Service, and many more.
Originally from the beautiful beaches of Hawaii Marie L. Priola has lived most of the time between Hawaii and California, and moved to Hampton Roads area where she fell in love with how family oriented it is here, with great military support systems, and the beauty of the area “especially during the fall!” She keeps herself busy by continuing her education and training in both real estate investing, marketing, and networking in local social events. Marie enjoys indoor and outdoor activities with her family such as camping, going to local events and festivals, rock climbing, indoor skydiving, scuba diving, visiting the local museums, spending summers on the beach, hiking, and traveling to new and exciting places. When she’s not working with clients she makes time for her daughter that is an active daisy girl scout, soccer player, cheerleader, gymnast, swimmer, t-ball player, and which ever new sport or activity she decides to try next! She is active with Fleet and Family events and assisting in their mentor programs and helping military spouses with potential careers in real estate.
Marie is ready to assist in finding you your dream home or sell your home so you can start your next adventure. She works all over Hampton Roads area (Poquoson, Yorktown, Hampton, Newport News, Williamsburg, Seaford, Norfolk, Virginia Beach, Chesapeake, Portsmouth, and Suffolk). Feel free to call, text, or email her at:
“Home Staging” is more than just preparing to sell your home by making it look the best it can. It’s really the art of first impressions. As a home seller, you may want to consider hiring a professional home stager to assist you. They work with the “flow” of a home, eliminate clutter, arrange furniture, and even assist in enhancing curb appeal. Or, if you’re more the do-it-yourself type, below are some tips on what you can do to improve your home’s “first impression.”
Start at the curb
Curb appeal is the first step to selling your home. No one wants to buy a previous owner’s dirty house. Power-wash the siding and wash windows until they shine. Trees, shrubs, and flowers should be neat and tidy, the garden weeded and the lawn mowed and edged. Once you’ve removed everything that isn’t necessary, add touches such as large, lush flower pots or hanging planters to welcome visitors.
Once you’ve created a promising exterior, you need to focus on the interior. The key to staging is to make it meaningful, set the tone and suggest countless possibilities. That means you need to remove everything that could distract the buyer’s attention. Keep only what you must to remain functional. If you don’t use something every day, pack it for the move. This is also very important. You want to remove anything personal such as family pictures and mementos.
Like the exterior, the inside needs to be neat and clean. Once the house is clean, stage your home with minimal furnishings. Arrange furniture to enhance the strengths of the room and facilitate traffic flow. If your furniture shows signs of age, consider borrowing pieces. If you need inspiration, visit some model homes to see how decorators have put rooms together. It’s not necessary for individual rooms to be used for their original purpose as long as the functions they represent are logical and show the space off well.
In home staging simplicity and comfort is your ultimate goal!
Need the opinion of a Realtor? Please call 757-466-1009 and let’s talk!
A CMA Contains Valuable Information On Recent Sales, Including:
How long each property stayed on the market.
How close the sale price was to the asking price.
Notes comparing each home to yours – number of bedrooms and baths, approximate square footage, sizes of major rooms, amenities such as fireplaces and pools, age of the home, property taxes and more.
To get an estimate of how much you should list your property for, you can request a Comparative Market Analysis (CMA). A CMA is an informal estimate of market value, based on sales of comparable properties in your area. It generally takes into account various aspects of your home, including size, features, and annual costs. Reviewing comparable homes that have sold within the past year, along with the listing or asking price on current homes for sale, should help you determine a fair sale price for your property.
CMAs can include homes that are currently for sale and those which have recently sold. They can cover areas as narrow as one or two streets surrounding your home, or as broad as an entire subdivision.
The CMA is an informative tool, but like any tool, it doesn’t work by itself. For this reason, the CMA will always need to be interpreted by a professional.
Remember, too, that Comparative Market Analysis is also used as a buying tool; real estate agents will typically share CMA reports with their clients as they consider buying homes in an area or neighborhood. Just as you can use the CMA to ask the highest possible price for your home, buyers can use it to roughly determine if your home is being listed at a fair market value.
Price It Right
When you’re ready to sell, don’t make the mistake of overpricing. It could prove costly if it slows down the sale or makes other homes look like a better value.
If you overprice your home, you could easily disappoint buyers who will compare your home to other homes within the same price range. Plus, you may eliminate a pool of potential buyers who are shopping for homes priced closer to your home’s true market value – causing you to lose customers during the crucial first weeks that your home is on the market. And the longer your home stays on the market, the more buyers may begin to reason that there is something wrong with the property.
Avoid a “price high then drop” strategy – you run into the risk of buyers believing that the home has flaws – or that you are desperate to sell. If you accept a bid at an inflated price, your buyer may face financing problems, because an overpriced house will not appraise for the selling price.
Consult with a real estate professional who can help you determine true market value based on a comparable market analysis. The key is to work with your professional to price right and create a strategic marketing plan that creates excitement from the start.
Sellers: Protect Yourself And Your Home
Never allow random house-hunters into your home unescorted. A serious buyer will be working with a real estate professional or should be willing to contact your agent to schedule an appointment. Also, always lock your valuables away before an open house. Many people will be walking through your house and it is impossible to monitor all of the areas of your home at the same time.
Talk with an agent about getting a CMA by calling 757-466-1009!
Solid house with a blank slate, great for an investor to come in and make it their own. Seller has already started demolition and has removed several interior walls for a open floorplan on the first floor. Previous owner installed new roof in 2016 and new water line in 2018. Previously approved for a section 8 tenant at $1100 a month. Sold AS-IS. Owner- Agent.
Spacious townhouse in Lakeside at Kiln Creek with an attached garage. Large updated kitchen with breakfast area in kitchen and a separate dining area. Brand new stainless steel appliances. Living room with fireplace. Large master suite with double closets, double vanity and garden tub. All baths have just been updated to include new vanities, lighting, plumbing, and lighting fixtures. Carpet is brand new and home has fresh paint throughout.
Look no further. Here’s the right home in the sought after colony pine neighborhood. Your new 3 bedrooms & 2.5 bath lovely home awaits your arrival. This spacious home can be enjoyed from every inch of this home. Starting from the front door to the large deck to the fenced backyard. Eat-in kitchen with nice size den area & living room for the family & guest enjoyment & entertainment. Upstairs offers 3 bedrooms with a hall bath and large linen closet as well as a large master bedroom suite. New designer shingle roofing, less than 1 year old. Easy access to i64 & many shopping areas, malls and various entertainment opportunities. This one won’t last long. Don’t let this be the one that got away!
HOT investors special with a view! This 4 bedroom 3 full bathrooms includes over 2K sq ft of living space and is ready for renovations. With love and elbow grease, this can be a gem of a home. Located in a quiet neighborhood. Sitting on 1.2 beautiful acres, the lot has deep water access, amazing waterfront views and mature trees. Detached two car garage ready for restoration too. Don’t miss the chance to buy or flip this diamond in the rough. Walk thru video available upon request.
Come see this beautifully remodeled 2 bedroom 1 bath home. This wonderful home features a spacious living room, a brand new remodeled bathroom and updated kitchen. To go with the all of the other updates there are brand new floors throughout and a new water heater.