Do you have real estate plans for 2021? Perhaps you are considering selling, buying, refinancing, or even reinsuring your home but not sure where to begin. Don’t fret, we are a team of real estate experts and we are here to help. We’ve put together some action steps and listed them below to help you tackle your home goals.
Selling Your Home: If you’re interested in putting your property on the market, now is a great time to sell. Our real estate agents are ready to guide you through the entire selling process.
Action Plan:
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Find a listing agent
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Find out how much your home is worth (your agent will provide you with a comparative market analyst report to determine an estimate on the property’s worth).
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If applicable, make necessary repairs and renovations
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Put the house up for sale
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Market and show the property
Click here for the 7 most Common Questions from Home Sellers.
Buying A Home: Is becoming a homeowner your goal this year? With so many steps, tasks, and requirements buying a home, especially as a first-timer, can be challenging. Don’t worry, you do not have to do this alone. We are here to help! Below is a list of steps to help you reach your goal as a homeowner.
Action Plan:
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Get pre-approved for a mortgage loan. Getting pre-approved first will let you know if you qualify for a loan and if so, for how much. You’ll need to do this first before teaming up with a buyer’s agent. Begin the first step by clicking here to fill out a pre-approval application.
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Find a buyer’s agent (Your agent will create a detailed checklist to help you get through each step).
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Shop for a home
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Make an offer
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Schedule your Inspection
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Close and move
Click here for the 7 Most Common Questions from First Time Homebuyers.
Refinancing: What are your goals for refinancing your home? Are you trying to lower your monthly expense? Maybe you want an alternative loan type or term. Whatever your goals are for refinancing, you and yourmortgage lender can put together a plan catered to your specific need.
Action Plan:
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Schedule a meeting with a mortgage loan expert and be sure to bring:
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Paystubs
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Tax Returns, W-2s and/or1099s
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Credit Report
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Statement of Debts/Assets
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Select a refinance plan (Your loan officer will consider your criteria and will put together a refinance plan based on your needs. Choose the loan type and term from the options provided that will work best for you.
Insurance: Considering shopping for a new homeowner’s insurance policy this year? If you are looking for more coverage or to lower your payments you may find a better offer by comparing your current policy with other companies.
Action Plan:
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Review your current insurance policy. If you are wanting to switch before the renewal date, make sure there aren’t any early cancellation fees or penalties.
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Discuss new policy options with an insurance agent to help you find the best deal.
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Contact your current insurance company to let them know when you will want the policy to end. (You want to make sure you do not have any time gaps between your old and new coverage).
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Alert your mortgage and escrow company of the change. This is an important step. If there is a lapse in your coverage your mortgage company may require you to buy an emergency coverage policy which can be costly. In addition, if something was to happen to your home during the lapse, you would be responsible for repairing the damage and it could cost thousands.
Click here to get a quote on homeowner’s insurance.
Blanchard and Calhoun Real Estate: 706.863.8953 or 706-868-1000
Augusta Mortgage: 706.860.4200
Blanchard and Calhoun Insurance: 706.650.6000