Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale A lot of times, consumers will see a list price for a home, and think that the expenses end there. Unfortunately, you’re not going to pay $200,000 for a $200,000 home. You’re going to pay a little more than that. Don’t forget about the costs of inspections, insurance, title research, maintenance, home warranties, property taxes, and more. Think about the long-term costs of maintenance. What if your roof falls apart or you need to install a new furnace? Could you pay those costs down the road? It’s important not to overextend yourself financially. You need to find a home that you can comfortably afford each month. If you’d like to find a home that’s right for you, please don’t hesitate to contact me and we can set up a consultation to jump start the home buying process for you!

Want to sell your home? Get a FREE home value reportWant to buy a home? Search all homes for sale Today we want to speak to you about the difference between buying a new home and a resale property. Both have their pros and cons, and we want you to be informed about them.A newly-constructed home is advantageous in the fact that you have control over the design and layout. You can build it just like you want, so long as you have the funds. You can reflect your own style, and not someone else's tastes. New homes often come with warranties that cover mechanical devices for two years and structural items for ten years.New homes are often vastly more efficient when it comes to energy and insulation. Although they cost more upfront, you will see some energy savings over the long run as opposed to an older home. However, this is not to say that older homes and resale properties aren't worth purchasing. They are often more affordable, but you don't have an input on the design. You can change the interior to a degree, but not like a newly constructed home.Resale properties are often in more desirable locations, like the inner city. Newly-built homes are often located in suburban areas where more land is available. When it comes to architecture, nothing beats the charm of an old home. It's simply too expensive to build new homes replicating a Victorian or medieval revival style, so if you like unique homes you may want a resale property.If you're having trouble making a decision on this, please don't hesitate to contact me.

Want to sell your home? Get a FREE home value report Want to buy a home? Search all homes for sale Typically in a real estate deal, the seller will help to pay for some of the buyer's closing costs. However, there is no rule set in stone that says anything like this has to happen. Often, these things can be negotiated. So, what's up with closing costs? To start, lets lay down the fact that the seller pays full commission for the buyer's agent and the seller's agent. Buyers will usually have to pay for the appraisal and the survey, as well as the costs associated with the inspection and the lending fees. All of these fees can run upwards of $4,000 to $6,000. As a buyer, you'll also have to pay title fees, insurance fees, and attorney fees. This is a hefty price, and often the seller is asked to pay for part of these costs. As a seller, you can expect to pay a commission that's about 5-6% of the purchase price. You'll also have to pay the state excise tax, which is your sale price divided by 500. You may also have to help the buyer pay the closing costs, but that's subject to negotiation. Repairs can also tack on a little extra near the end of the sale. As you can see, selling a home does cost money and you need to be prepared to pay these fees when you sell. This can significantly affect your affordability, so please consult with me before committing to a property.  If you need help buying or selling a home in Charlotte, please don't hesitate to contact me!