A Comparative Market Analysis is a comprehensive report we provide to clients who are thinking about selling, detailing the recent area market activity using the most up to date statistics. It provides the basis for an accurate suggested listing price designed to sell your home for the best price the market will bear.

FAQs Archive - Advantage Realty Group

Q: What is Private Mortgage Insurance (PMI) and how does it benefit me?

PMI or Private Mortgage Insurance is provided by a private company to protect the mortgage lender against losses that might be incurred if a loan defaults. It can make a big difference in how quickly your mortgage loan is approved and how much money you spend on a down payment. It is required if the loan amount is more than 80% of the home’s value. This insurance benefits lenders and investor, but it also helps homebuyers too. Without mortgage insurance, we would need to require a down payment of at least 20% of the loan amount. We understand that even if you have enough money for a large down payment, you may prefer to use it for other purposes.

Q: Should I stage my home before putting it on the market?

It makes sense to have your home looking good as possible when you are looking to sell. An agent will be gladly assist you with recommendations of fixes or repairs that will make your home more saleable. You will also want to do common-sense prep such as de-cluttering and cleaning. Hiring a professional staging company isn't necessary in most cases, however, if you wish to use a staging service to sell your home, we can point you in the right direction.

Q: What are the first steps in selling a home?

Selling your home is a big decision! To assist you with all aspects of selling your home, we highly recommend that you hire a real estate agent who will provide you with a home valuation and a comprehensive marketing strategy to get your home sold as quickly as possible.

Q: Do I need an agent to purchase a house?

It is highly recommended that you work with a real estate agent when purchasing a new home. With the many variables of the home buying process, you want someone to work with you and for you. The benefits of working with an agent are many, but here are just a few: Save time - Agents are very familiar with the market and will work for you to help you find the perfect home in your price range, with the preferences you desire. Information and help with negotiations - Good agents will have multiple resources that will help you through the decision making and purchasing process. In addition, they will handle alot of complex paperwork on your behalf. Buyers fees are low if not free - In most cases, agent fees are paid by the seller of the house.