Sold On Charleston

April 4, 2022

What Questions Should You Ask a Real Estate Attorney?

Whether you’re buying a house, or selling one, it’s crucial to have a reliable real estate attorney by your side. It doesn’t matter if you're a first-time homebuyer or a professional house flipper; the services of a reputable real estate attorney will make things a lot easier and safer on your end. Real estate law can be very complicated, and the real estate industry can be difficult so whenever you are dealing with real estate transactions, professional legal advice is the smartest choice you can invest in. But, how do you choose the best real estate attorney for you? We know the pivotal questions to ask to help you decide!

 

How long have you been practicing real estate law?

Obviously, an attorney’s years of experience in the business cannot dictate how well he or she can handle the job but, experience is the best teacher. Someone who has been practicing for a longer duration than others is more likely to know of a more efficient way or solution to provide you with the results you are looking to accomplish.

 

Can you describe what your experience in the field has been like?

Real estate law has a wide variety of focuses. Just because the plaque on their desk says “Real Estate Attorney” doesn’t mean the person you're talking to can adequately address your concerns. Look for an attorney who specializes in the goals or matters at hand.

 

Will you be working on my case directly?

If the attorney you’re talking to is a part of a law firm, there may be a chance that one or more of the junior attorneys will assist your lawyer as he or she works on your case. If some of your projects or inquiries are being assigned to any assistants, it is important that you know who they are so you can have a direct relationship with them, so that you feel the most comfortable moving forward.

 

How will my case be handled?

This is an imperative question to ask because it helps you gauge the knowledge and expertise of the law firm you are going to hire. Remember that you’re looking for a highly skilled attorney who also has the ability to communicate and make you understand the complexities of real estate law. If an attorney’s answer to this question sounds like gibberish to you, or they cannot explain their response clearly to you, it might be best to continue your search and move on to the next candidate.

 

How much do you charge for your services?

The fees are always an essential part of the discussion. Inquire how much their legal services cost and what their closing fees are. Some attorneys charge a flat rate while others have hourly fees. Being aware of these things at the onset will save you from any financial issues going forward.

 

Start Your Real-Estate Transactions with Team Lail-Chambers?

As they say, research is the key but if you take the time, you're bound to find the right one. The staff here at Team Lail-Chambers, led by Bob Chambers and Pheobe Lail-Chambers, are well-acquainted with Charleston and the Lowcountry, and are happy to help you decide on the best neighborhood and real estate decision for you and your family. We work hard to match you with a home you'll love. Contact us today! We are ready and waiting to help you find your perfect Charleston, SC home

 

Posted in Home Owners
March 24, 2022

Are You Wondering, ”Can I Buy a House With Student Debt?”

 

If you are looking to purchase a home, you may wonder if your student loan debt could burden or delay those plans. You may find yourself asking questions such as, “will my debt prevent me from being qualified for a home loan?” Or, “should I wait to start searching for houses until my student loans are paid off?” While everyone’s situation is different and unique, your goal to become a homeowner may be easier than you think! Many other buyers with student loan debt are already achieving their homeownership dreams. So, here is how you can take the next step toward making yours a reality!

 

Check All of Your Options

There are many mortgage plans available that can help you purchase a home without a 20% down payment. Many lenders offer mortgages with down payments as low as 3% if you have a credit score of 650 or higher. So, it is essential that you check your options, the ratings, and what will work best for you and your monthly income. But, if you are having a hard time finding even a little money to save toward a down payment each month, some state and local government agencies and nonprofit organizations offer down payment assistance programs. These programs are designed for low- to moderate-income families and can provide some or all the cash you need to satisfy a lender’s requirements. Depending on the program, the money can be an extra loan or a grant. If it’s the latter, you may need to meet specific requirements to avoid needing to repay the money. Check with your state and local governments to find out if there are assistance options for you.

 

Pay Down Your Debt

Buying a home with student loans is possible. In fact, nearly 40% of homeowners have student loan debt. But, if you have other debts with lower balances, such as credit cards or an auto loan, paying off those debts can reduce your DTI (debt to income) and improve your cash flow situation. Paying down credit card debt will also lower your credit utilization rate (your card balances divided by their credit limits) which will also improve your credit score.

 

Refinance Your Student Loans

If you have good credit and stable income, the biggest advantage of refinancing your student loans happens when you qualify for a lower interest rate that can either help you pay off the principal faster and/or decrease how much you pay each month. For example, if you have a student loan that has an interest rate of 6.8%, you could have this rate reduced to a fixed interest rate of 2.95%. With a lower rate, you could save thousands of dollars over the length of the loan.

 

Purchase a Starter Home

You don’t have to splurge on an expensive house! As the name suggests, a starter home is usually a house that needs some TLC. However, the great thing about starter homes is that they are ordinarily more affordable, and they allow you to get your foot in the door of homeownership. Plus, when you are ready to purchase your forever home, you can either sell or rent your starter home out which can turn the home into an additional income supply.

 

Buy Your First House With Team Lail-Chambers!

If you’re planning to be a homeowner one day in Charleston, SC, the best thing you can do is start preparing now. Call Team Lail-Chambers today and determine if now is the time for you to buy! The staff here at Team Lail-Chambers, led by Bob Chambers and Pheobe Lail-Chambers, are well-acquainted with Charleston and the Lowcountry and are happy to help you decide on the best neighborhood for you and your family. We work hard to match you with a home you'll love. Contact us today! We are ready and waiting to help you find your perfect Charleston home!

 

Posted in Home Owners
March 5, 2022

We Know Where to Find the Hidden Gems Near Charleston, SC!

Charleston is a wonderful city that is becoming a more popular place to live year after year. But, it is not the only incredible city our Lowcountry has to offer! There are several great areas to live here — places that offer all the conveniences you want, while also being fulfilling and safe, so you can raise a family. If you’re looking to live in Charleston, or nearby, here are a few hidden gems only a short distance away from the Holy City!

 

Summerville, SC

Located just past North Charleston, this wholesome and growing town is quickly becoming a “second Charleston” as described by the locals. Here, residents can still enjoy fine dining, amazing shopping, as well as a fun nightlife. Of course, it’s still close enough that you can visit downtown Charleston for a day trip or a night out. It’s also very close to the Charleston International Airport, has access to some of the best schools, family activities and its historic district is still one of the most beautiful areas in the state. It’s a town whose popularity is on the rise, and it’s a great place to move to. 

 

Moncks Corner, SC

Moncks Corner, located in Berkeley County, is a charming town with an old-fashioned atmosphere and that small-town, homegrown, know your neighbors feel. Here you will find low traffic levels, excellent schools, and great recreation options. There is a lot to see and do here, especially if you love the outdoors or want to spend a leisurely day at Lake Moultrie. You’ll get a whole lot more bang for your buck in this historic town and young professionals will find a range of affordable starter homes and single-family houses. So, take a drive, grab some southern comfort food at the infamous Howard’s Restaurant or at the lovely Barony House, and check it out today! 

 

Goose Creek, SC

Goose Creek, SC is a beautiful suburb of Charleston that has all the benefits of a great Lowcountry community. With wonderful recreational opportunities, an amazing golf course, and an inspiring plan for the future, Goose Creek, South Carolina is an appealing option for people moving to the Charleston area. It is a community that has transformed itself from a rural setting to one of South Carolina’s largest cities! Goose Creek is also recognized as a great location to start a business, that is why you will find so many local eateries, and it is only a short drive from companies such as Volvo and Boeing. This city has been recognized as one of the best places to live near Charleston, SC and it is known for its affordability factor for single-family homes and condos.

 

Call Team Lail-Chambers to Get Great Deals on Houses in Any of These Areas!

When you’re looking for a new home in Charleston, SC make sure to give a call to Team Lail-Chambers! Our team of experts, led by Bob Chambers and Pheobe Lail-Chambers, are some of the most professional agents you’ll encounter and they will give you the easiest home-buying experience imaginable. We can help you determine your top priorities and find a place that accommodates both your tastes and your budget. Our staff knows the Lowcountry well and is acquainted with all of the facilities, resources, and services available in each community. We’ll make sure to fit you with a home you’ll love!

 

Feb. 27, 2022

Where Should You Retire in Charleston, SC?

If you have been saving and looking forward to retirement, your thoughts might have wandered on where you should live once the big day arrives. From the weather to the attractions, Charleston, SC is a peaceful place to retire and has been ranked one of the best cities in the United States to retire in, as well. No matter what your interests may be, the city’s community, site seeing, and recreational opportunities will surely have something to offer you! But which part of Charleston should you reside in? We have a few options and suggestions that we believe would be perfect for you!

 

Mount Pleasant

South Carolina is one of the most beautiful states in the country, and Mount Pleasant is no exception! Located just over the Ravenel Bridge, only a few minutes from downtown Charleston, you will find miles of coastline along the Charleston Harbor, boating expeditions, numerous attractions, and a tight-knit community. Take a beautiful morning walk up the Arthur Ravenel Bridge and gaze out at the Cooper River, join a tennis or social club, or enjoy a day at one of the town’s many luxurious spas. Mount Pleasant has numerous senior living facilities to choose from, or visit inner Mount Pleasant, located south of the IOP (Isle of Palms) connector. This area is still close to downtown Charleston, and is most liked by retirees as they appreciate the close proximity to shopping as well as the beaches!

 

Daniel Island

Daniel Island is a charming island town located just a short drive from Mount Pleasant and downtown Charleston. The island offers various walking paths, as well as rivers and streams to stroll by. They also have a marina for boating excursions, and a vibrant town center filled with grocery stores, shops, and restaurants. But, it doesn’t stop there! The Daniel Island Club offers memberships to those who are interested in participating in golf, tennis, and clubhouse events. We recommend that you explore the Wellmore of Daniel Island - the area’s most luxurious senior living community. Or Codner’s Ferry Park and Barfield Park, as these two neighborhoods are known for their serene and peaceful settings and would be a nature lover’s dream!

 

Sullivan’s Island

Sullivan’s Island is great for those looking to get away from it all. It’s perfect for people who want to live in serenity and it is famous for its long stretches of sandy beach. So, if you’re a fan of the ocean, this could be the retirement destination for you. The island is beloved for its coastal town vibe, quaint boutique shops, and delicious restaurant options! Because it is a smaller beach town, Sullivan’s Island does not have known neighborhood sections. Instead, it is broken down into three areas known as the Downtown Area near the shops and restaurants, the Northern End near the Marshall Reservation, and the Southern End which is the most historic of the island. All three areas are perfect for any retiree dependent on your wants and needs!

 

James Island

James Island offers so much to the newly retired! It’s an easy-going community that has a small-town feel with friendly neighbors. This town provides the conveniences of grocery stores, an abundance of dining options, plenty of businesses (both local and chain), as well as a few shopping boutiques! Go see a movie at the Terrace Theater or head to James Island County Park to enjoy the biking paths, kayaking, and large dog park! Make sure to check out some of the premier neighborhoods such as Lawton Bluff, Seaside Plantation, Stiles Point Plantation, or Stonefield. All are sure to amaze!

 

Are You Ready to Explore Your Options with Team Lail-Chambers?

If you have recently retired and your housing needs are changing, you’re not alone and now may be the time to explore your options. The staff here at Team Lail-Chambers, led by Bob Chambers and Pheobe Lail-Chambers, are well-acquainted with Charleston and the Lowcountry, and are happy to help you decide on the best neighborhood for you and your family. We work hard to match you with a home you'll love. Contact us today! We are ready and waiting to help you find your perfect Charleston, SC home!

 

Feb. 13, 2022

The Best Beach Towns to Live In if You Aren’t a Fan of the Cold

Are you interested in moving to Charleston, SC, or more importantly, are you interested in living on one of our beautiful islands? Charleston has warm weather almost all year long, so wouldn’t it be nice to just open your back door & walk onto the beach? Lots of people think so — & you could be one of them! There are a lot of great options to choose from whenever it comes to our coastal shores: Seabrook Island, Kiawah Island, Isle of Palms, Sullivan’s Island & Folly Beach are our top five! Each of these locations offers quaint, urban communities with a small-town feel, relaxation, ocean tides & sea breezes, as well as beautiful views to remove the stress of everyday life! But, if you need any more convincing, here are some reasons why people love to live on these little islands of paradise:

 

Isle of Palms

Isle of Palms, SC is a shining example of the peaceful island life just minutes from one of the most sought-after destination cities in the world. It has all the glamour of Charleston set to the rhythm of a beach town. Many of the residents even make a point to drive golf carts or other low-speed vehicles on residential streets — a telling sign of the town’s relaxed atmosphere & slower pace. It’s a wonderful place to visit with the family & it's an even better place to live & become a part of this amazing community.

 

Sullivan’s Island

Sullivan’s Island is great for those looking to get away from it all. It’s perfect for people who want to live in serenity. One can really relax in the peace & quiet of these island-based homes. Of course, one of the best attractions of living on the island is its close proximity to the beach! This island also offers kayaking, sailing, fishing, kiteboarding, & paddle boarding. Hungry afterward? Sullivan’s Island has some of the best restaurant options in the lowcountry so make sure to stop by Poe’s Tavern & try one of their infamous burgers! 

 

Folly Beach

Folly Beach, SC is one of the best, & most relaxed, communities in the Charleston, SC area. 

This beach town is often referred to as “The Edge of America” & is home to the East Coast’s largest fishing pier. It is a draw for surfers, fishermen & overall beach lovers! Here you can enjoy sailing, surfing, paddleboarding, & jet skiing. It has amazing nightlife during the summer months & with restaurants, bars, family-friendly festivals, & the Atlantic Ocean just steps away, it provides the complete package for someone looking for a classic Southern coastal experience.

 

Seabrook Island

When it comes to laid-back coastal living, it doesn’t get any better than here. Located next door to Kiawah Island you will find Seabrook Island, another upscale beach residence. With a phenomenal year-round climate, miles of undisturbed beaches, & year-round activities, this is an ideal location to find your forever home. So, find a spot on the shoreline, get comfortable in your beach chair, & soak up the natural & serene sounds of this nautical dream!

 

Kiawah Island

Located a little less than 30 miles away from downtown Charleston, you will find Kiawah Island, also known as the “The Hamptons” of South Carolina. This is a leisure community with access to beautiful ocean views & regular dolphin sightings! It also offers fishing, boating, golfing, dining & high-end shopping! It is the perfect spot to live if you desire to live a life of tranquil luxury.

 

Live the Island Life All Year Long With Team Lail-Chambers!

When you’re ready to move into a great home on one of our barrier islands, make sure to call Team Lail-Chambers. Our team of experts, led by Bob Chambers & Pheobe Lail-Chambers, are some of the most professional agents you’ll encounter, & will give you the easiest home-buying experience imaginable. We can help you determine your top priorities & find a place that accommodates both your tastes & your budget. Our staff knows the Lowcountry well & is acquainted with all of the facilities, resources, & services available in each community. We’ll make sure to fit you with a home you’ll love!

 

Feb. 5, 2022

Can Homeownership Create Long-Term Wealth?

Did you know that purchasing a home is one of the simplest ways to accumulate wealth? Homeownership tends to force most people to save money & re-evaluate their finances. As you pay your mortgage each month, you pay down the principle of the loan, which builds equity, & home appreciation! Over a period of time, your house could increase in value which leads to you selling it for more than you originally purchased it for, earning you more income! So, what other ways can buying real estate help you secure your financial future?

 

Purchase a Starter Home!

Now that you know you can build wealth through homeownership, you might think you have to splurge on an expensive house in order to receive the return on investment (ROI) that you are looking for. But, the good news is you can actually break into the housing market with a starter home. As the name suggests, a starter home is usually a house that needs some TLC. However, the great thing about starter homes is that they are ordinarily more affordable, & they allow you to get your foot in the door of homeownership. Plus, when you are ready to purchase your forever home, you can either sell or rent it out which can turn the home into an additional income supply.

 

Are You Ready to Earn Equity?

As we mentioned earlier, homeowners earn equity with each monthly payment that they make, & right now, the future looks bright according to home appreciation forecasts. Homeowners will likely see an increase in their funds by more than a couple of thousand dollars by the end of their first year of owning. Therefore, if you want to gain financial freedom or build wealth, homeownership is a no-brainer. Ultimately, buying a home is one of the smartest things you can do to become wealthier in the future. So, what are you waiting for? Right now is the perfect time to begin your path to financial freedom!

 

Renting Can Be a Financial Burden

Mortgage rates are often fixed whereas rental prices can fluctuate drastically due to increased property values. Having confidence in the stability of your housing costs may allow you more financial peace.

 

Do You Have Questions About Home Loans or How You Can Get Approved?

The staff here at Team Lail-Chambers, led by Bob Chambers & Pheobe Lail-Chambers, are well-acquainted with Charleston, SC & the Lowcountry. We are happy to help you decide on the best neighborhood for you & your family, as well as the most cost-effective! We work hard to match you with a home you will truly love, so contact us today. We are ready & waiting to help you find the perfect Charleston home!

 

Posted in Home Owners
Feb. 2, 2022

Things to Avoid After You Apply for a Home Loan!

Picture this… you find your dream home, you put in an offer, & it is accepted by the seller. Exciting, right? But, now what? Now it’s time to apply for a mortgage & close the deal! But, before you do, there are a few key things that you will want to keep in mind. Closing on a house can be very exciting & naturally your brain will start to plan how you should decorate the house, what type of furniture you would like to buy, & more. But, before you make any large purchases, make sure that none of your upcoming, or desired, shopping will impact the loan on your new home. Here are some decisions that you should think twice about:

 

Hold Off on the Furniture Shopping

Although interior decorating can be very thrilling for some (we’re looking at you Pinterest-ers), it can cause a dent in your finances. If your new furniture is paid through a credit card, this will create new debt, causing you to have a higher debt-to-income ratio. This will now cause you to look more like a risk to the lender which in return could cause your mortgage & interest rates to be higher, or could even disqualify you for a loan. This also applies to any other large purchases such as a new car.

 

Don’t Apply for Any New Credit

Whenever closing on a new home, hold off on your credit score being run by any organization. This includes applying for a small loan, a new credit card, co-signing a loan for someone else, or anything that will require someone to check your credit score. The reason why is that this will impact your score, & lower credit scores can determine whether you are approved for a mortgage loan or not.

 

Don’t Close Any Open Credit Accounts

Many people believe that having less available credit will make them appear to be more responsible in the eyes of a mortgage lender, however, it is quite the opposite! A major game player of your credit score is the length & depth of your credit history. Allow a lender to see the total usage of your credit, as well as your available credit.

 

Don’t Move Around Too Much Money

Mortgage lenders need to be able to trace your money, & spending habits, as easily as possible. This task becomes more simple for the lender if they are able to see all of your money in one place, & this helps showcase how consistent you are as well!

 

Ensure Your Home Loan Will Be Approved With Team Lail-Chambers!

If you are looking to buy a home, call our team today to execute your money well! The staff here at Team Lail-Chambers, led by Bob Chambers & Pheobe Lail-Chambers, are well-acquainted with Charleston, SC & the Lowcountry. We are happy to help you decide on the best neighborhood for you & your family, as well as the most cost-effective! We work hard to match you with a home you will truly love, so contact us today. We are ready & waiting to help you find the perfect Charleston home!

 

Posted in Home Owners
Jan. 18, 2022

Should You Put 20% Down on Your New Home?

If you are thinking of purchasing a new home in today’s Charleston, SC market, you are probably wondering if a 20% down payment is really necessary. Although there are other options & programs available to put down less than 20%, it is prudent to understand the benefits at hand if you choose the former. Here are some reasons why putting 20% down may be the smarter option if you have the available funds to do so:

 

You Will Experience Greater Purchasing Power

In today’s competitive real estate market, many buyers are chasing after the same home, & sellers are ecstatic to see offers come in with larger down payments. This provides a level of confidence that other interested buyers may not be able to provide, & in most cases, the stronger offer is the one to most likely be approved. Therefore, your dream house is more likely to become yours in the midst of a bidding war. Also, if you are a current home seller yourself, & are looking to upgrade to a larger or more expensive home, you are able to take the equity you earn from the sale of your current house to put 20% down on your new home.

 

You Will Avoid PMIs

PMIs (Private Mortgage Insurance) policies are added to your cost if you are unable to provide a 20% down payment. This is an added monthly fee attached to your mortgage payment & exists in the event that you are unable to pay your mortgage in the future. Once you have built equity of 20% or more, you can ask for this fee to be removed from your monthly payment. But wouldn’t you rather save that money now?

 

You Will Have Lower Interest Rates

When a 20% down payment is offered, this will show the lender that you are more financially stable & that you will not potentially become a risk in the future. In these scenarios, accompanied by a good credit score, as well, the lender is more likely (& willing) to offer you a lower interest rate on your mortgage.

 

You Will Pay Less for Your Home Over Time

The larger your down payment, the smaller your loan amount will be as you will only be paying interest on the 80% of the loan remaining. This means lower monthly mortgage payments, lower mortgage rates, & less interest paid over the long haul.

 

Are You Ready to Explore Your Options with Team Lail-Chambers?

If you are looking to buy a home, call our team today to learn the benefits of 20% down versus a smaller down payment. The staff here at Team Lail-Chambers, led by Bob Chambers & Pheobe Lail-Chambers, are well-acquainted with Charleston, SC & the Lowcountry. We are happy to help you decide on the best neighborhood for you & your family, as well as the most cost-effective! We work hard to match you with a home you will truly love, so contact us today. We are ready & waiting to help you find the perfect Charleston home!

 

Posted in Home Owners
Jan. 11, 2022

Can You Purchase a House Without a Large Down Payment?

Saving for a down payment on a home can feel intimidating, especially if you are a first-time homebuyer. If a traditional 20% down payment sounds out of grasp for you, you will be happy to know that some mortgage lenders will allow you to put down as little as 3.5% of the desired home’s purchase price. However, putting down less will mean that you will need to borrow more & in return, you will receive higher monthly mortgage payments. So, how do you decide if putting less or more is best for you? 

 

Understand the Process

Providing a down payment of less than 20% will result in higher monthly payments because you will need to purchase customized mortgage insurance to secure the loan. Private mortgage insurance typically costs nearly 1%-2% of the loan, depending on your credit score. The premium does not elapse until 20% or more of the home equity is paid off. However, if you put down less than 10%, there is a higher chance that you will continue to pay this premium for the duration of your loan. There is also an annual fee, as well. So, for those who are already tight on cash, this can be more stressful. If you cannot afford to put down 10%, you may want to consider pausing your home search to allow yourself more time to save up.

 

Break Down the Costs

If you can afford a house with a lower down payment, there are other expenses to consider too. In addition to mortgage payments, you will also need to pay for homeowners insurance, property taxes, & maintenance fees &/or HOA (Home Owner Association) fees. As a rule of thumb, you will not want the total of these payments to exceed 35% of your pre-tax income.

 

Check All of Your Options

There are many mortgage plans available that can help you purchase a home without a 20% down payment. One of the most well-known programs is provided by the Federal Housing Administration (FHA). This loan, extremely popular with first-time homebuyers, allows the buyer to put down as little as 3.5%. You will need a credit score of 580 or higher to qualify, & you can even apply if you have experienced foreclosure or bankruptcy in the past. Other lenders also offer mortgages with 3% down payments. So, it is essential that you check your options, the ratings, & what will work best for you & your monthly income.

 

Are You Ready to Explore Your Options with Team Lail-Chambers?

If you are ready to begin your home buying process, now may be the time to explore your best options. The staff here at Team Lail-Chambers, led by Bob Chambers & Pheobe Lail-Chambers, are well-acquainted with Charleston, SC & the Lowcountry. We are happy to help you decide on the best neighborhood for you & your family, as well as the most cost-effective! We work hard to match you with a home you will truly love, so contact us today. We are ready & waiting to help you find the perfect Charleston home!

 

Posted in Home Owners
Jan. 6, 2022

8 Reasons You Should Hire a Real Estate Agent

Whenever it comes to selling your house, with so much information readily available online on how to do it yourself, a lot of people question, "why should I hire a real estate agent?" They wonder if they could sell their home on their own through marketing online, or on internet websites designed to help FSBO (for sale by owner) situations. And, though some are successful in taking this route, many others struggle. So, here are some reasons why you should consider hiring a professional real estate agent over the stress of trying to sell on your own.

1. Experience Required

It’s a tough task to learn how to sell your house on your own. You can attempt to do it alone thinking you will save money, however, agents can create more exposure for your property, help you negotiate a better deal, dedicate more time to your sale & prevent your emotions from sabotaging it. An agent brings a level of professionalism to a complex transaction. Thus, in the end, generating more income & a more pleasant experience for you. 

2. Many Realtors Will Not Show a "For Sale By Owner" Home

In an FSBO deal, the buyer’s agent knows there won’t be a certified or trained colleague on the other end of the transaction. Even if a client insists on seeing your home, the agent may discourage their buyers from making an offer, citing the hassles & risks of trying to close the deal without a professional representing the seller. It’s also awkward for the buyers to have the seller present, rather than the seller’s agent when they’re touring the home.

3. Naming Your Price

Contrary to what some people believe, agents do not select prices for sellers or buyers. However, an agent will help guide clients to make smart choices for themselves. Even if you have sales experience, you don’t have specialized experience negotiating a home sale. The buyer’s agent will, so they are more likely to succeed in the negotiation, meaning less money in your pocket.

4. Neighborhood Knowledge

 

Agents either possess profound knowledge of your neighborhood or they know where & how to find their information. They can identify comparable sales & hand these facts to you, in addition to pointing you in the direction where you can find more details on schools, crime & demographics.

 

5. Weeding Out Unqualified Buyers

 

An agent can find out whether someone who wants to view your house is really a qualified buyer or just a dreamer. It’s a lot of work & a major interruption every time you have to put your life on hold, make your house look perfect, & show your home. You want to limit those hassles to the showings most likely to result in a sale. 

 

6. Real Estate Is a Full-Time Job

 

Can you rush home from work every time someone wants to see your home? Can you excuse yourself from a meeting every time your phone rings with a potential buyer? At the end of a long workday, do you have the energy to take advantage of every possible opportunity to market your home? 

 

7. Handling Volumes of Paperwork

 

Today's purchase agreements run 10 pages or more whenever closing on a house, & most real estate files average thicknesses from one to three inches of paper. One tiny mistake or omission could land you in court or cost you thousands. However, in most states, lawyers handle the disclosures, thank goodness!

 

8. Answer Questions After Closing

 

Even the smoothest transactions that close without complications can come back to haunt. Many questions can pop up that were overlooked in the excitement of closing. Good agents stand by ready to assist even after the closing. 

 

Are You Ready to Explore Your Options With Team Lail-Chambers?

Negotiate a better deal, dedicate more time to your sale, & prevent your emotions from sabotaging it with Team Lail-Chambers! Bob Chambers & Pheobe Lail-Chambers are well-acquainted with Charleston & the Lowcountry, & are happy to help you decide on the best selling processes for you & your family. Contact us today! We are ready & waiting to help you find (& sell) your perfect Charleston, SC home!

 

Posted in Home Owners