March 3, 2022

Steps To Sell With A Real Estate Agent

Selling your Charleston or Summerville area house can be extremely stressful. There are a lot of steps that are taken to sell your house and the process involves a lot of legal documents. Where do you start and how can a real estate agent help you?

 

  1. Hire an agent that knows the area. This is extremely important because you do not want to work with an agent that does not know what is going on in the city you want to move to. You also want to make sure the agent you work with is insured and bonded in case a legal issue arises later in the process. You want an agent that knows how to negotiate and write a legal contract correctly. Make sure you interview your agent before you hire them. The agents at Coastal House Realty are all licensed and bonded and most of them have advanced real estate designations. 
  2. Set up a game plan and timeline for when you want to sell your house. This is extremely important in this market as there are more buyers than sellers right now. Before you sell your home you will want to make sure you know where you will move. Sometimes it is easier to find a home to move in before you sell. Your agent can help you find a new home prior to listing your current home. Do not assume you will be able to find a house after you sell your home. 
  3. Get a pre-sale home inspection. This is not always necessary however it can help you determine what a buyer might ask for when they hire their own inspector. You can also offer your home inspection to the buyers agent. This can speed up the inspection process or even get you higher offers during the bidding process. 
  4. It is a sellers market, do not do unnecessary upgrades. 2022 is one of the hottest times to list your property. Homes in Charleston are selling in less than 2 days. We would not suggest investing a lot of money into upgrades unless your ROI is significant. Ask your agent what upgrades would be valuable to do vs what would not be. 
  5. Declutter / Stage / Clean your home. These are all very important steps. Listen to your real estate agent about what should be moved to storage or the garage. Take items off of counter-tops and clean your closets and pantry. Make sure your house is clean and smells good. If your house smells like smoke or animals, buy a deodorizer or air neutralizer. Painting is also a good suggestion to make your house look its best. We suggest power washing the outside of your house and repairing paint or siding if possible. Make sure your landscaping is manicured 
Posted in selling your home
March 1, 2022

HIDDEN FEES TO BE AWARE OF WHEN PURCHASING A HOME

Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase then the price of the home. Here are 5 fees to keep in mind as you begin to budget.

1. Home inspection. This is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. Generally, you can expect to pay between $300 to $500 depending on the home and the location.

2. Title services. Title services encompass the transfer of the title from the seller and a thorough search of the property’s records to ensure to no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home.

3. Appraisal fee. Before getting a loan, you will likely be required to get an appraisal of the home to determine its estimated value. This will be conducted by a third-party company and the cost can land anywhere between $300 and $1,000, depending on the size of the home.

4. HOA fees. Many communities have a homeowners’ association that enforces monthly fees. This money is used for general maintenance and updates to areas like pools, parks, and more. Typical HOA fees are around $200 per month.

5. Taxes. The taxes each buyer pays at the closing table differ, but it is not uncommon for it to be up to two months’ worth of county and city property taxes. Additionally, there may be taxes for the transfer of the home title.

If you have questions or would like to speak with a real estate expert, do not hesitate to email info@coastalhouserealty.com or call 843-900-4099

Posted in Home buying
Feb. 28, 2022

Why South Carolina is the place to be!

What you’re looking for? We got it!

Within the last ten years, the state of South Carolina’s population has increased by over 10 percent. Whether you’re looking for the busy night life of Myrtle Beach, the beauty and industry of Charleston County,  or even just the relaxation of a home by the beach or in nature, South Carolina offers it all.

Between the oceanside, state parks, and historical sites, there is nothing this state can’t provide for those who love the outdoors. Some of the largest companies such as Boeing have entered the state and provide jobs and economic production to help fuel the state's economy and diversity of business.  With temperatures ranging from comfortable to hot year round, there’s little to no worry of freezing roads and being snowed in. Whether this sounds good for your daily life or as a yearly getaway, Coastal House Realty can help you buy the home of your dreams.

Most importantly, Why now?

Almost 70 percent of residents are homeowners, and for a good reason. Whether this will be your primary home, vacation home, or a rental property, there is unlimited investment potential in this growing market. We are approaching what researchers believe to be the best time to buy with some of the lowest market prices during the year.

The mortgage rates are at some of the lowest numbers recorded in history as well. With the fluctuating economy, no one is too sure how long these numbers will be around. The combination of low rates, and low market prices make an excellent combination for first time homebuyers or those interested in the South Carolina market. This is the perfect time to lock in a fixed rate. 

Final thoughts

If you are ready to discuss making the move to South Carolina, Coastal House Realty has you covered. We have the best Charleston real estate agents available to help you find your dream house today. Call 843-900-4099 today or email info@coastalhouserealty.com.

Posted in Home buying, Lowcountry
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates