The world of real estate can be exciting yet daunting, filled with questions and important decisions.
Here at Liz Roch LLC, we're here to guide you through the process. In this FAQ series, Liz Roch, a realtor in New Buffalo with over 15 years of experience, shares some real estate insights.
Whether you're a seasoned investor or a first-time homebuyer venturing into uncharted territory, Liz has the answers you need.
Buying a Home:
· Q: I'm thinking about buying a home. What are the first steps I should take?
o A: Liz Roch: Excellent! Getting pre-approved for a mortgage is a crucial first step. This gives you a clear picture of your budget and strengthens your offer when you find the right home. We can also connect you with a lender who can guide you through the pre-approval process.
· Q: The market seems competitive. How can I stand out as a buyer?
o A: Liz Roch: Being prepared is key. Have a clear understanding of your needs and wants. Work with a realtor who understands the local market and can help you craft competitive offers. In a fast-paced market, speed and flexibility are also important.
Selling a Home:
· Q: I'm considering selling my home. How can I get the best price?
o A: Liz Roch: Pricing your home strategically is essential. We'll conduct a comparative market analysis (CMA) to determine a competitive listing price that reflects your home's value and attracts qualified buyers. Enhancing your home's curb appeal and decluttering the interior can also make a big difference.
· Q: What are some things I can do to prepare my home for selling?
o A: Liz Roch: First impressions matter! Spruce up your landscaping, make minor repairs, and give your home a deep clean. Staging your home can also help potential buyers envision themselves living in the space. We can provide guidance and recommendations throughout the process.
The Local Market:
· Q: What's the current market looking like in New Buffalo?
o A: Liz Roch: The New Buffalo market currently leans towards a seller's market. Buyer activity remains strong, particularly for move-in ready properties and those in desirable locations like the beachfront or walkable downtown area. Inventory levels are currently low, with homes receiving multiple offers and selling quickly. This can be especially true for unique properties or those priced competitively.
One unique aspect of the New Buffalo market is the seasonal fluctuation. Spring and summer often see a surge in buyer activity, drawn by the allure of lakefront living and summer activities. However, there's still an opportunity for buyers in the fall and winter. With fewer competing offers, you might find better deals on properties during the off-season.
Have more questions? Don't hesitate to ask!
Liz is here to provide real estate insights and help you navigate the journey with confidence. As one of the leading realtors in New Buffalo, Liz Roch has over 15 years of experience dealing with waterfront properties on Lake Michigan. Whether you’re looking for cottages for sale or want to sell your beachfront property, she can assist you throughout the process.