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Auburn, AL Real Estate News

By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
The Crucial Final Walk-Through: Why It Matters Before Closing on Your HomeYou’ve found the perfect home, secured financing, and are ready to close the deal. But before you sign on the dotted line, there’s one last step you can’t afford to skip—the final walk-through.A final walk-through is more than just a formality; it’s your last chance to ensure that the property is in the agreed-upon condition before closing. During this critical inspection, you should verify that the home is in “broom-swept” condition, meaning it’s clean and free of any debris. This is also your opportunity to ensure that everything specified in the contract—such as appliances, fixtures, and any agreed-upon personal property—remains in place, while items that should be removed have been taken away.I strongly recomm...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Fixer-Upper vs. Move-In Ready: Would you choose a fixer-upper with lots of potentials or a move-in ready home? Fixer-Upper: Pros: Lower purchase price, customization potential, investment opportunity. Cons: High renovation costs, time-consuming, unexpected issues. Move-In Ready: Pros: Immediate occupancy, less stress, predictable costs. Cons: Higher purchase price, less opportunity to personalize, potentially paying for upgrades you don’t need. #bhhs #fixerupper #moveinready #dreamhome #house #home #homebuying #homeselling #bestrealtor #realestate
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
The Importance of Pricing Your Home Correctly from Day One Setting the right price for your home is crucial to a successful sale. As a realtor, I understand how critical this step is, and I make it a point to guide my clients through this process with precision. Why Correct Pricing Matters During a listing appointment, I show sellers what has sold in the last six months, what is currently under contract, and the active properties they will compete against. This comprehensive market analysis ensures that your home is priced to attract buyers immediately. The Golden Window: The First 7-14 Days The first 7-14 days of a new listing are when your property will generate the most excitement and interest. If your home is overpriced, even by a small margin, you risk missing out on good offers an...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Will Sellers Know the Buyer’s Appraisal Value? What You Need to KnowIn the world of real estate, the appraisal process can be a mystery for many sellers. One common question that arises is: Will the sellers know what the buyer’s appraisal came in as?Unveiling the Appraisal ProcessThe appraisal is a critical step in the home buying process, determining the property’s fair market value. This valuation can significantly impact the transaction, especially if it comes in lower than the agreed-upon purchase price.Will Buyers Disclose the Appraisal Value?Buyers are not obligated to disclose the appraisal value to the sellers. However, if the appraisal comes in lower than the purchase price, buyers might share this information as part of a negotiation strategy to lower the sale price. On the ot...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
The Value of Outdoor Spaces: How to Boost Your Home’s Curb AppealAs the warmer months roll in, outdoor spaces like gardens, decks, and pools take center stage in our homes. But beyond just aesthetics, these outdoor features can significantly impact your home’s value. A well-designed outdoor area that flows seamlessly with your indoor space not only enhances your lifestyle but also makes a strong first impression on potential buyers.Curb appeal matters. It’s the first thing buyers notice, and a beautiful exterior can set the stage for a successful sale. From lush gardens to inviting patios, outdoor spaces are in high demand, with features like decks and swimming pools adding value to homes nationwide.However, it’s crucial to plan your outdoor investments wisely. Not every feature will yi...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Discover the Perfect Low-Maintenance Living at The Villas at AuburnIf you’ve been dreaming of a home that offers comfort, convenience, and a low-maintenance lifestyle, look no further than The Villas at Auburn. Located in a serene neighborhood right here in Auburn, AL, these beautiful quadplexes are perfect for those seeking a peaceful, hassle-free living experience.Imagine driving through this charming community, where 1 to 1.5 level homes are designed with your ease in mind. With thoughtful layouts and modern amenities, these homes are ideal for anyone looking to downsize or simplify their life while staying close to everything Auburn has to offer.Whether you’re buying or selling a home in the Auburn area, having the right realtor by your side makes all the difference. As a seasoned r...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
How to Get Your PMI Canceled When you take out a conventional mortgage loan (not insured by the U.S. government), with a down payment of less than 20%, your lender will require that you pay monthly private mortgage insurance (PMI) which protects the lender in case you default. PMI costs can vary between 0.58% and 1.86% of the mortgage amount. According to Nerdwallet’s PMI calculator, if you buy a home for $350,000, put down $35,000 or 10% with a 6% interest rate on a 30-year note, and with a credit score of 620 to 639, you’ll pay 1.50% PMI, or $394 per month. It’ll take 7.40 years for your loan balance to get to 80% loan to value (LTV). The earliest you can get a PMI cancellation is two years of ownership and an LTV of 75%. You can ask your lender to remove PMI when your loan balance re...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
New Construction: Understanding Builder LimitationsThinking about buying a brand-new home? Imagine walking through a house with that new home smell, gleaming floors, and the excitement of being the first to make it your own. But before you dive in, there’s something you should know about new construction homes that aren’t custom-built.When buying new construction, especially from builders who aren’t custom builders, it’s crucial to understand that these homes come with specific design and construction limitations. Unlike custom builders, production builders follow a predetermined set of plans and specifications. While this approach can offer a streamlined building process and potentially lower costs, it also means that flexibility in making changes to the home’s design is limited.Exampl...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Realtor Quirks: The Things We Do That Drive Each Other CrazyBeing a realtor is an adventure filled with highs and lows, but nothing quite compares to the quirky habits of our fellow real estate agents. Let’s dive into some of the things we do that drive each other up the wall – with a touch of humor, of course!The Feedback Fiasco: You’ve shown a property, the sellers are anxiously awaiting feedback, and…crickets. Asking for feedback after a showing and getting nothing is like shouting into the void. We all know it’s crucial, so why do we treat it like it’s optional?The Question Game: Ever sent a basic question to another agent and received a response that feels like it was written in invisible ink? It’s like a game of 20 Questions, but with property details. How many bedrooms? Is the ga...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Should You Replace Your Roof Before Listing Your Home?As a homeowner gearing up to sell, you’re likely wondering about the best ways to boost your home’s value and attract buyers. One big question that might be on your mind: Should you replace your roof if it’s nearing the end of its life? Let’s dive into the pros and cons to help you make an informed decision.Pros of Replacing the Roof: Increased Home Value: A new roof can significantly boost your home’s market value. Potential buyers see it as one less thing to worry about, making your property more attractive. Enhanced Curb Appeal: A new roof improves your home’s exterior look, enhancing its curb appeal and making a great first impression on buyers. Faster Sale: Homes with new roofs often sell faster because buyers appreciate the add...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Turning Setbacks into Setups: How to Rise Above Confrontation in Real EstateEver felt like you’re dealing with a reality TV show character instead of a professional colleague? In the high-stakes world of real estate, handling difficult personalities can make or break a deal. Here’s how I turned a confrontational setback into a successful setup.Working with a young realtor who seemed to thrive on drama and confrontation was one of the most challenging experiences of my career. It felt like he was trying to mimic the confrontational tactics seen on reality TV, believing that aggression equated to toughness. In reality, this behavior came off as immature and unsophisticated, especially to seasoned agents who value professionalism and collaboration.Initially, his need for constant confronta...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Home Inspections: What Sellers Must Disclose to Future BuyersEver wondered what happens if a buyer opts out of repairing items found during a home inspection? As a home seller, it’s crucial to understand your responsibilities when it comes to disclosing this information to future buyers.The Reality of Home InspectionsLet’s say a buyer conducts a home inspection and discovers issues but decides not to ask for repairs. Does the seller have to disclose these findings to the next potential buyer? The short answer is yes. Sellers are required to disclose known issues or fix them before putting the home back on the market. Failing to do so can lead to legal troubles and lost trust.Big Ticket Items That Can Scare Buyers AwayHere are a few examples of significant issues that could cause a buyer...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Boost Your Credit Score: Your Key to Mortgage Pre-Approval Ready to unlock the door to your dream home? Your credit score is the key! Improving your credit score is a crucial step towards securing a mortgage loan pre-approval. Here’s how you can give your credit score a healthy boost: Check Your Credit Report: Start by obtaining a free copy of your credit report from major bureaus. Look for any errors and dispute them promptly. Pay Bills on Time: Your payment history significantly impacts your credit score. Set up automatic payments or reminders to ensure you never miss a due date. Reduce Debt: Lower your credit card balances and avoid taking on new debt. Aim to keep your credit utilization ratio below 30%. Avoid Opening New Accounts: Each new credit inquiry can lower your score slightl...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
USDA Loans: A Path to Affordable HomeownershipDreaming of owning a home in the countryside without breaking the bank? USDA loans might be your perfect match!USDA loans, backed by the United States Department of Agriculture, are designed to make homeownership more accessible and affordable, especially in rural and suburban areas. Here’s why a USDA loan could be a great option for you: No Down Payment Required: One of the most attractive features of USDA loans is that they don’t require a down payment, making homeownership accessible even if you haven’t saved a large sum of money. Competitive Interest Rates: USDA loans often come with lower interest rates compared to conventional loans, making your monthly payments more affordable. Lower Mortgage Insurance Costs: While you do need mortgag...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Sweet News in Auburn!  Hey Auburn friends! I had the pleasure of attending the ribbon cutting ceremony for Everything Sweet—your ultimate destination for all celebration needs! From unique and curated cakes to the tools and inspiration for creating beautiful, effortless events, Everything Sweet brings the party to you. Whether you’re celebrating with someone near or far, they’ve got everything you need to add life to your celebrations. As a Realtor who knows Auburn inside and out, I’m here to help make your home buying or selling experience just as sweet!  Follow me for the latest in Auburn real estate, and if you or anyone you know is looking to buy or sell a property, I’d be thrilled to assist you. Reach out today, and let’s make your real estate dreams come true! #AuburnRealtor #Eve...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Protect Your Legacy: Why Your Living Trust Needs to Be on Your Home Insurance PolicyWhen it comes to safeguarding your home and securing your estate, ensuring your living trust is notated on your home insurance policy is a crucial step that often gets overlooked. Trusts are commonly used in estate planning to manage and distribute assets efficiently, but failing to update your insurance policy can lead to serious pitfalls. Here’s why this simple addition is essential and how it can protect your legacy.The Overlooked Detail That Can Save Your HomeImagine this: you’ve meticulously planned your estate, creating a living trust to ensure your assets are managed according to your wishes. Your home, a significant part of this estate, is covered by a robust insurance policy. However, if your li...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Tuscany Hills model home ribbon cutting ceremony in Auburn, AL with Stone Martin Builders!Today, I’m thrilled to attend the ribbon-cutting ceremony for the stunning new model home by Stone Martin Builders in the Tuscany Hills neighborhood. Stone Martin Builders are renowned for their exceptional craftsmanship and attention to detail, creating homes that perfectly blend style, comfort, and functionality.  Tuscany Hills offers beautifully landscaped streets and a warm, welcoming community atmosphere.Stone Martin Builders have a stellar reputation for constructing high-quality homes that stand the test of time. Their innovative designs and commitment to excellence ensure that every home is not just a place to live but a place to thrive. Let’s Connect!  If you’re considering building a new ...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
What to Look for in a Home Stager When Selling Your HomePreparing to sell your home? The right staging can make all the difference in attracting potential buyers and securing top dollar for your property. But how do you choose the perfect home stager? Let’s explore the key factors to consider when looking for a professional to stage your home for sale.Key Points to Consider When Choosing a Home Stager: Experience and Portfolio:Look for a home stager with a solid track record and a diverse portfolio. Review their previous work to ensure their style and expertise align with your needs. Knowledge of the Market:An outstanding stager understands the local market trends and buyer preferences. They can tailor the staging to highlight features that will appeal to your target audience. Creativit...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
What Traits Make an Outstanding Mortgage Lender?In the ever-evolving real estate market, finding the right mortgage lender can make or break your home buying experience. But what sets the best apart from the rest? Let’s dive into the key traits that make a mortgage lender outstanding and why you should choose them for your next big investment.Key Traits of an Outstanding Mortgage Lender: Exceptional Communication Skills:Clear and timely communication is crucial. An outstanding lender keeps you informed every step of the way, answering your questions and addressing concerns promptly. The lenders I use respond usually no later than an hour and are available on weekends and on holidays. Transparency:A top-notch lender provides full disclosure on all costs, terms, and conditions. They ensur...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Do You Really Need a 20% Down Payment to Get a Mortgage?Are you holding off on buying a home because you think you need a 20% down payment? You might be pleasantly surprised!Many potential homebuyers believe that a hefty 20% down payment is a necessity to secure a mortgage. However, this isn’t always the case. There are various loan options with different down payment requirements, and some loans don’t even require a down payment at all. Let’s explore these options: Rural Property Loans: If you’re considering rural properties, certain loans, like USDA loans, are available that don’t require a down payment. These loans are designed to assist low-to-moderate income buyers in eligible rural areas. FHA Loans: The Federal Housing Administration (FHA) offers loans requiring as little as a 3.5...
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