Whether you’re a buyer or seller of a home, questions come up. That’s why I’ve compiled a list of common questions and answers to help you in your housing experience. 

  • Seller FAQ's
  • Buyer's FAQ's

Seller FAQ's

Ask me to do a Comparative Market Analysis (CMA).  I will make an appointment to tour your home. Then I will research recent sales of homes similar to yours. Here are a few things I consider: size, condition, location, and age. All of these have a huge effect on the price. Is the home updated, how modern is it, what is the landscaping like, is it in a great location?  How does your neighborhood compare to others? Are there any nuisances like power polls, heavy traffic, or anything else that could be considered undesirable? After completing research, I will give you a range of comparable prices and we will discuss an appropriate asking price that will make your home a desirable property for buyers.   I believe that one of the reasons my homes receive accepted offers 50% faster than the Sheboygan County average is that they are priced correctly.

I believe in the North Shore Homes Selling Philosophy–

We believe in an upfront no-nonsense approach to selling real estate. We will tell you if we or our company is not the best fit for your situation. We will be honest about what will make your property sell and the pricing of your property. The sale is not about us but we do ask that you respect our experience and expertise.

We believe in the importance of education. The more you know or understand, the more you can be an active participant in the sale. We take the time and energy to stay current with the market, financing and legal issues. If necessary, we will be your life coach to guide you through the process.

We believe the relationship between us is of utmost importance. To serve your needs, we need to get to know you.To gain your trust, you need to know us. Together, we can work toward a win-win sales solution.

Well, first you have to be willing to be very honest with yourself and look at your home like a buyer would.  When you walk up to your home does it have curb appeal? Fresh landscaping: mulch, fresh flowers, plants or trees, new trim and door paint, or possibly even a new paint job? Have you done the 3 D’s: decluttered, depersonalized and deep cleaned? And I mean, real deep cleaning, baseboards, scuff marks, cleaned up the landscape, changed out old light bulbs and more. Are the walls painted a neutral color? Have you patched holes, painted the front door and trim? Are the carpets and area rugs clean? Does it pass The Smell Test? Does it smell like your pets? Fried foods? Smoke?  All of these things matter to buyers. 

We are currently in a seller’s market because there is a low inventory of homes for sale.  That, coupled with a good economy and low mortgage interest rates, has driven the price of homes up.  It is a supply and demand situation.

Make your house smile:  Keep home clean and decluttered.

Fix things as they arise.

Like and comment on Facebook ads and/or Instagram posts of your house, along with friends and family.

Tell everyone you meet about selling your house.

Share flyers with co-workers or groups you are a member of.

Keep improving the house until it is sold.

Buyer FAQ's

I can help you determine your buying power.

I can guide financing options and refer you to those lenders best qualified to help you.

I have daily exposure to what is happening in the real estate world.

I can assist your selection process by providing objective information about the property.

I can research background information and sales data for the property.

I secure the property disclosures needed to make you an informed buyer.

I can help you negotiate the myriad factors, including but not limited to price, financing, terms,date of possession and often the inclusion or exclusion of repairs and furnishings or equipment, that come with buying a home.

I cannot give you legal advice but I do have the authority to complete sales contracts and the additional addendum to protect you as the buyer. These documents are all legally binding contracts.

I provide due diligence during the evaluation of the property, including finding qualified, responsible professionals to do inspections, testing, and even repairs.

I am your time keeper and organizer of documents during a transaction.

I am your voice of reason when concerns and questions arise.

I review inspection and testing reports to advise you on what needs to be addressed by the seller versus your responsibility as a buyer.

I communicate with the lender, title personnel and sellers during the process to make sure all tasks are complete and timely.

I review the title documents to verify we are good to close.

I guide you through the closing process to assure smooth sailing.

YES! Your very first step is to get Pre-Approved by a lender.  I can’t tell you how many times people who thought they were in no hurry, go look at homes and BAM! they find their dream home. Now they have to scramble to get a pre-approval letter to submit with their offer to purchase. This takes 24-48 hours and in this market…that might be too long. When getting this pre-approval there are two sets of numbers you need to know; what home price and monthly payment you qualify for; what home price and monthly payment you are comfortable paying.  You might be pre-approved for up to $250,000, but the monthly payments would keep you up at night. No one wants to be “house poor”. If you need guidance finding a lender, give me a call and I can recommend some amazing lenders who have helped my clients.

Earnest money (EM)  is basically a security deposit that a buyer puts down upfront to show good faith that they are serious about the home purchase. EM is usually 1% of the total purchase price of the home.  You have 3-5 business days upon acceptance of an offer to deliver your EM to escrow. Ultimately your EM becomes part of the down payment at closing. For example, if you write an offer on a $200,000 home and are putting 5% down, your down payment will be $10,000.  $2,000 of that is earnest money, paid at the time of an accepted offer. The balance of the down payment, or $8,000, is due upon closing.