Is that home in contract already?!

If you live in Ohio, than I’m sure that you’ve heard about the “booming” housing market. Home sale statistics have been reported thoroughly on the news, social media, and in the papers. March home sales were reportedly the best they’ve EVER been, according to the Ohio Association of Realtors.

We get calls almost daily from buyers who have seen our listings on sites like: Zillow, Trulia, or Homefinder. Unfortunately, by the time you as the consumer see them populate on these consumer sites, you’ve already lost out, and missed your opportunity to a buyer that is working with a Realtor.

How do you avoid finding these homes that are already in contract or sold? The answer is simple. Work with a Realtor, work with us. In this seller’s market, it benefits ALL buyers to get all of the help and counsel that they can. If you have an experienced real estate team on your side, you have a much better chance at getting the home that you really want. In Ohio, over 99.9% of the time, buyers do not even pay for their real estate agent, the seller does. So why would you not have an agent advocating for you? The fact is, in this seller’s market, you need to be what we call “offer-ready”.  Working with us, The Detty Group, will save you a ton of stress and time, as we know all of the ins and outs of the process.

We urge buyers to come to us with any questions. We have lenders who are well versed in loan options that can help you save as much money as possible in this market with financing options such as: OFHA, USDA, and $0 origination fees for VA loans.

If you’re ready to buy a home, and haven’t been working with a Realtor, it’s time to give us a call/email and get us to be your home buying gladiators!

Kayla Staup, Realtor
The Detty Group- HER Realtors
TheDettyGroup@Gmail.com
Kayla’s Cell: 740-361-4207

 

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4 Signs It’s Time To Sell Your Home!

Hello Readers!

It may be only mid- January, but Spring buyers are out in full force! Have you heard the saying, “If you’re not early you’re late?” This rule applies to both buyers and sellers in Real Estate. If any of these apply to you, we’d love to hear from you! If you can think of a friend, family member, or perhaps co-worker who may be going through any of these situations… let us know, and pass our information along to them!

1. You’re feeling cramped, and you can’t add on
   Your family might not be growing, but that doesn’t mean your lifestyle still fits in your current house. If you’ve started working from home, for example, or you’ve adopted an extended family of indoor cats—or maybe you’ve just never gotten over your dream of having a sewing room—your house might be too small. Another option might be to finish an attic or basement, add another room, or even add a whole story to your home. But, of course, that won’t work for everyone.

   There’s never been a better time to be a “move up” buyer. The cost of owning a    home larger than your current, with interest rates at an all time low, may not even add much to your current mortgage.

2. You have too much space
   On the other hand, perhaps you’re feeling overwhelmed by vacant rooms and silence. (Hello, empty nesters!) In this case, it no longer makes sense to have, say, four bedrooms and a basement. Saying goodbye to a family home can be difficult, but you should consider how feasible it is to stay. If yard work and house upkeep are getting to be a little too much, or soaring utility bills are cramping your style, it might make more sense to move.
   
   There are many families out there looking for your home! Let us get you downsized, and in a home better suited for you!

• You’re over the neighborhood
  Maybe you can no longer deal with the rigid rules of your homeowners association, or perhaps your neighbors turned their house into a rental for frat guys. Whatever the reason, neighborhood dynamics can change dramatically over time. Sometimes, you are the one  who has changed, or your family dynamic.. Maybe the 35-minute commute to work didn’t seem like such a big deal the first few years, but now you’re dreading it every day. Or your kids are getting older, which can be a big problem if you’re not in the right location.

  As the saying goes, “You’re not a tree… you can move.” Let us help you get from where you live… to where you’ll love!

• Remodeling won’t offer a return on your investment
  Giving your kitchen or bathroom a face-lift can make your house feel like new again, which might be all you need to decide you want to stay put for years. But that doesn’t mean it’s a financially sound decision.

  Before making significant improvements, you should give us a call to do the numbers for you and know the highest price point of your neighborhood. If your home is already similar in style and condition of some of the priciest homes in the neighborhood, remodeling might be a bad idea, and you should consider selling instead.

  Give us a call to go over the numbers for you, and make sure you’re not over improving your home, and that you won’t be able to recoup your money!

If any of these sound like you… give us a call today to get started on your home selling story! If you’re not early… you’re already late! Spring buyers are already out in full force! Getting your home on the market now gives you less competition with other sellers, and also puts you at the front of the line for buyers!

Contact us today to get started on your home sale!
Visit our website by clicking HERE – and get your instant preliminary home value sent directly to your email!

Kayla Staup & Josh Detty
HER Realtors
740-361-4207
kayla.staup@herrealtors.com

USDA/RD Home Loans

Have you thought about purchasing a home, but you were concerned about how much money that you would have to bring to a closing. Would you like to live in Morrow, Marion, Delaware, or Richland County?  These counties are USDA/RD Loan eligible.

What is a USDA/Rural Development (RD) loan? For eligible suburban and rural home buyers, it’s a 100%, no-money down mortgage loan backed by the U.S. Department of Agriculture (USDA). If you’ve never heard of this option, you’re like most U.S. consumers because the USDA loan program wasn’t launched until the 1990s. Using a USDA loan, buyers can finance 100% of a home’s purchase price while getting access to better-than-average mortgage rates. This is because USDA mortgage rates are discounted as compared to rates with other low-downpayment loans.

What does this mean for you as a buyer who’s looking to purchase a home in a rural area? You could bring little to no money at all to the table when looking to purchase a home. If this is something you are interested in, and would like to speak with us about – don’t wait… contact us today! Click HERE to read our article on why Winter is such a great time to purchase a home!

We are bringing an HER Realtors’ office straight to our clients. Look for us in Mt. Gilead, Ohio soon!

Kayla Staup, HER Realtor
740-361-4207
kayla.staup@herrealtors.com

 

Save Money And Buy A Home Now!

Here in Central Ohio… the temperatures are definitely freezing this time of year! You may think that the housing market will do the same, cool down. You’d be surprised to know that right now, in the winter… may be the best time for you to buy a home…EVER!  Read these reasons why you should buy now… and not wait until Spring!

1. Prices Will Continue to Rise
The latest reports from the Columbus Board of Realtors is that home prices have appreciated by 6.3% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year. The market is only going to continue to rise for home prices. You’re going to pay more for a home, the longer you have to wait. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates are Projected to Increase
Your monthly housing cost is as much related to the price you pay for your home as it is to the mortgage interest rate you secure. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by this time next year. An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way You’re Paying a Mortgage
There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either yours or your landlord’s. As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity. Your landlord is the one pocketing the money you could be putting into the savings account that is your home, not theirs! Stop making your landlord rich. Own your home for the price you pay in rent!

 

4. It’s Time to Move on with Your Life
The cost of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.But what if they weren’t? Would you wait?Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.

If you’re already paying more than $600-750 per/ month in rent… it’s time to make the move from renter to homeowner! Call us today to find out if you could be in a good position to buy. If you’re not in a good position, let us guide you to what you need to know to get you there!

Contact us anytime:
Kayla Staup, Realtor
740-361-4207
wesellohiohomes@gmail.com

Josh and Kayla are multi-million dollar producers!

Advantages Of Selling Your Home In The Winter

We are a little over a week into December, and winter has officially arrived here in Central Ohio. We are still listing homes, and getting them into contract in under a week – at full price! We want you to know all the advantages of selling your home this winter, and to set you up for a successful home sale!

There is a popular misconception that winter is the off season for real estate. Most people decide they are going to list their home for sale in the spring verses the winter. Sellers with their homes already listed often take their house off the market as soon as the cold hits and plan to re-list in the spring. Contrary to popular belief, experienced realtors know that there are many advantages to selling your home in the winter. It is actually a great time to sell. Here are just a few reasons why.

Motivated Buyers
Not only are there actually buyers out looking in the winter, but they are typically extremely motivated. People willing to brave the cold weather and snow are serious about finding a home. You will probably have less showings, but the people who come through will be more qualified. This is the ideal situation.

Less Competition
There are less homes listed for sale in the winter, and because of this, you have less competition. Other sellers are missing out on the best time to sell their homes. With less inventory on the market, sellers have more control.

Better Price For Your Home
Because there is less inventory, if you market your home right you have the potential to get top dollar. Sellers definitely have the upper hand in a winter transaction. In the summer months, buyers might have 30 homes to choose from. But in the winter, there may only be 10 that fit the same criteria. You have a much greater chance of someone submitting an offer on your home in the winter.

You Won’t Have To Move Until AFTER The New Year!
We meet with a lot of sellers this time of year that are hesitant to list their homes for sale in December with the thought that they would have to move before Christmas. The average real estate transaction takes 30-45 days to complete. This means if we listed your home today, got it in contract tomorrow… you wouldn’t be moving until 2017!

If you’re looking to get an advantage over other sellers in this crazy real estate market… the time to list your home may be now! You’d be taking advantage of motivated buyers, less competition, possibly netting a higher price, and you won’t have to move until after the holidays!

If you would like an instant preliminary home value sent directly to your email visit our home value website by clicking HERE!

If you’ve been thinking of selling your home, buying a home, or want more information on a neighborhood… contact us anytime!

Kayla Staup, Realtor
740-361-4207
wesellohiohomes@gmail.com

 

2016 Real Estate Trends

As 2016 is quickly approaching it’s end, I wanted to take a moment to talk about trends that we saw this year in Real Estate… and what we might come to expect for 2017.

Real Estate is just one big roller coaster. There are big upward swings, and there are low barrel rolls. For the last 2-3 years, we’ve been on one of Real Estate’s biggest upward swings since the founding of the housing market. Like all good things, the housing market high can only sustain these levels for so long before we are looking towards that gruesome low.

In 2012 we saw prices of homes raise 8%, in 2013 we saw an 11% raise, in 2014 we saw a 5% raise, and jump forward from 2015 & 2016 we saw increases fluctuate between 2-4%. What this tells us is that the housing market is starting to reach a plateau. This is a tale-tell sign of a housing market that is ready to take a dip.

This year what we found is that the pool of buyers is younger than before. Buyers between the ages of 25-34 have made up the majority of home sales, and to put things into a greater perspective – over 68% of these were 1st time home buyers. While many of these buyers had intentions of using the properties that they bought as their primary living homes, we did see a large surge in first time home buyer investors.

What 2016 brought to Real Estate, as well as politics — is the ever growing love of consumer technology. As a Realtor, being at the forefront of every social media outlet and posting site gives you a strong advantage over your competitors. More than 90% of home searches are started online. The first place a buyer falls in love with a home is online. Gone are the days of flipping through newspaper ads and looking at a grainy black and white picture of a property and hoping to attract a buyer. The internet has been around for a few decades now, and it has been ever evolving. To keep your home at the front of the line for buyers to preview… you’ll need a tech savvy agent to lead the way.

So… what can we expect to see in 2017? Be on the lookout for: Slowly rising mortgage rates, housing prices to level out, and for more people to make a move before the housing market takes it’s next roller coaster move!!

To get a preliminary home value sent directly to your email click HERE.
If you’ve been thinking of selling or buying a home, contact us anytime!
Kayla Staup, HER Realtors
740-361-4207
kayla.staup@herrealtors.com