Hey there! I can't help but feel a little sheepish while talking financials with buyers. I mean, it's definitely a private and somewhat delicate subject. But, Preapproval is so very important while preparing to purchase a Home that it must be discussed! It seems as though folks are either proud to say they are preapproved, or really nervous because they aren't. I know it's awkward to have someone ask you about your financial situation, but trust me, being preapproved for a home loan is a huge step in the right direction.

Being preapproved ensures you are shopping within your price range, with confidence that you will be able to purchase the perfect home, in a timely manner. What I mean is, most seller agents ask for your preapproval along with your offer. If you do not have a current letter, you may be wasting prescious time on the phone with your lender, while others are submitting offers on the Home that was meant to be yours.  

What a preapproval says about you:

1. you are completely serious about buying a home
2. you are financially able to buy a home
3. you are prepared to act quickly if you find the right home

It is only a soft hit on your credit score, so don't sweat the small stuff. You are better off knowing what you can spend, shopping the correct price range, and aware of what you will need as a down payment. Your lender will be able to introduce you to the right loan, that fits your needs the best. After that, I am happy to take you along searching for the Home of your dreams!

Any other questions? Reach out, I always have time to talk Real Estate!

-LP  

Hey there! Ever wondered, when is the best time to sell your Home? Let's talk about this for a quick minute, I may have a few ideas that suggest FALL is a great time!

The general consensus is that Spring is the best time of year to sell a Home, and historically, this has been the trend. However, let's think outside the realm of the more traditional and predictable ways, let's talk about why these 3 reasons suggest Fall is also a great time to sell your Home!

Less Competition Buyers are still out there, and with fewer homes on the market, your Home will be in high demand! Buyers are wrapping up their vacations, children are back in school, Mother Nature is allowing us to get out from under the air conditioner with these cooler temperatures, and life seems normal again..best part, there isn't near as much competition as during the Spring and Summer months.

Buyers are acting quickly trying to get into their new Home before the Holidays! We all want to spend the Holidays with family and friends, so just think about how excited your buyer will be to celebrate in their new Home! If you time the listing of your Home for sale just right, this is a possibility, but one month to late could be critical to the timeline. Buyers aren't thrilled to be moving DURING the Holidays.

The Fall landscape is beautiful let's be honest, the East TN landscape is just as beautiful in Fall as it is in Spring, and I am not only talking about the landscaping around your Home. The drive on the way to view your Home could be enough to make a potential buyer want to stay! Colorful leaves and mums make for great curb appeal!

So, why wait if you already know you are going to sell, go for it, there's no reason to wait until Spring. Less competition is a HUGE bonus...

low supply = high demand, remember?

For other information on selling your Home, please reach out, I'm always ready to talk Real Estate!

-LP