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What to know about the housing market
If you’re looking for exclusive buying or selling tips, new local places to visit, or just curious to learn more about the Savannah area, you’re in the right place!
Myths about what affects your home’s value
Myths about what affects your home’s value Selling a home is a big decision that involves many factors and considerations. One of the
Attracting Premiere Home Buyers: Crucial Characteristics
The top 7 things buyers look for in a home. When you’re preparing to sell your home and want to know what buyers want, this information is invaluable.
Bring some Rest and Relaxation into your home
Your home is your oasis. A place to kick back and relax from your day. Check out the tips below to help you achieve ultimate bliss!
6 Ways to get down payment money to buy a house
Six ways people get together enough money to make a down payment on a first home.
Avoiding Pitfalls: 11 Questions Before Choosing a Realtor
Are you ready to buy or sell a home? Choosing the right real estate agent is an important decision that can save you time, money, and stress during the selling process. But how do you know which real estate agent is best for your needs?
Frequently Asked Questions
The short answer: yes you can. However, it can be a problem when you have to sell your house as a condition for the loan to purchase your next house. Most sellers won’t be interested in accepting an offer that has this contingency. As long as you have the cash available for the down payment and/or the financing secure, you can buy a home without selling your existing one, and sell it after you sign the sales agreement.
On average, many buyers find a home within a few months of when they begin their search. The buyers who are able to find homes in this market are the ones who are decisive and prepared. They’ve made their wish list and know their deal breakers. That way when a home hits the market – they don’t hesitate.
Only 28% of homes purchased last quarter were all cash offers. The majority of consumers finance the home. In fact, the average down payment is 12%. You don’t need an all-cash offer to win. You just need a great offer.
Unless a natural disaster or an act of God, we DON’T think the Savannah Area Real Estate Market will crash. It’s not 2008. The previous housing crash was caused by a mortgage crisis. There were too many people, and too many banks lending money to people who couldn’t afford the homes. As a result, when home values began to decline, the consumer had no ability to repay the mortgage and so then couldn’t sell the home and had to foreclose. Today, the housing market is built on stable and consistent lending standards and therefore is unlikely to experience any type of crash due to nefarious lending.
Buying a home you love – when the time is right … is possible
So let’s talk through what you’re looking for in your next home, find out if we’d be a good fit, and make sure you’re prepared.