Now you can search for homes just like Realtors do, using MLS.   If you are in the market for a home, or just curious as to what homes in your area are selling for or what features they have, simply text DINSMORETEAM to 678-929-2100 to receive this powerful, free tool.

With the new app, in a few taps of the screen users can:

• Download and enjoy it free of charge on your mobile phone or iPad.
• Instantly search by your current location, city, zip code, or draw your own search area on the map.
• Search by type of home desired, price, square footage, year built, # beds/baths, and much more!
• View all photos of the home saved to MLS.
• Quickly zoom and navigate neighborhoods with interactive “balloon view” maps.
• Generate turn-by-turn driving directions from your current location to properties that interest you.
• Save your favorite listings.
• Easily share properties for sale with friends and family.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com  | 770-712-7789

With the accessibility of today’s housing via the internet, many home shoppers may feel that they don’t need a buyer’s agent to help them find their dream property.   And for newly built homes, while you can do a lot of the legwork yourself, in the end you won’t be saving either money or time.

Plain and simple, even though the buyer’s agent works for you and not the seller, the seller is the one who will wind up paying for your agent upon closing.  Therefore, the first question you should be asking yourself is, “Why would I pass on a service that is in essence…FREE?”

In today’s market, most new homes are being built by national builders who employ salaried agents to sell their properties who don’t always have your best interest in their heart.  Generally, the first thing a seller’s agent will want to know about you is whether or not you have representation – if you don’t, the commission that they would normally have to split with your agent will go directly into their pocket.

With this, a selling agent is obviously interested in getting you to pay top-dollar for their property; however, a buyer’s agent will help counteract this by taking note of other similar sales in the area and making sure you aren’t paying too much.  In essence, your buyer’s agent is there to buffer you and negotiate on your behalf so that by the time you close, your house has not only been properly inspected, but has also been placed in perfect condition.

Similarly, when it comes to financing, a good agent will help you walk through the process of finding a solid mortgage company who can give you options which fit your lifestyle.  While the agent employed by the builder may also come ready with financing through a partnered company, it’s important to remember that they may not be looking to help you find the best solutions.

In short, when entering into a real estate transaction, it’s important to have someone in your corner who will make sure that you are taken care of throughout the entire process.   The Dinsmore Team can help you find the right mortgage lender, closing attorney and help you find your perfect home.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com  | 770-712-7789

Another very good article from Mary Thompson, Certified Appraiser, with Lanier Appraisal Service.  It’s important to know the facts regarding the appraisal process when valuing a home.  Although your  personal loan approval may be accomplished early in the loan process, the final loan commitment usually hinges on a satisfactory appraisal.

An experienced Realtor will be able to advise if you are listing your home too high for the market even before the final appraisal.  Having the right team on your side will help you get your home sold faster, and at the best market-price possible.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

***

Article courtesy of Mary Thompson with Lanier Appraisal Service.   Please see their website for additional information:   www.lanierappraisalservice.com

Myth: Assessed value should equate to market value.
Reality: While most states support the concept that assessed value approximate estimated market value, this often is not the case. Examples include when interior remodeling has occurred and the assessor is unaware of the improvements, or when properties in the vicinity have not been reassessed for an extended period.

2014 Lake Lanier Tax Assessments are out and your homeowners may need a Certified Appraisal for their Appeal. If so, call Lanier Appraisal Service ASAP. We are getting booked up quickly for Tax Appeal Appraisals as the DEADLINE is June 30th! 

 

Myth: The appraised value of a property will vary, depending upon whether the appraisal is conducted for the buyer or the seller.
Reality: The appraiser has no vested interest in the outcome of the appraisal and should render services with independence, objectivity and impartiality – no matter for whom the appraisal is conducted.

 

Myth: Market value should approximate replacement cost.
Reality: Market value is based on what a willing buyer likely would pay a willing seller for a particular property, with neither being under pressure to buy or sell. Replacement cost is the dollar amount required to reconstruct a property in-kind.

 

Myth: Appraisers use a formula, such as a specific price per square foot, to figure out the value of a home.
Reality: Appraisers make a detailed analysis of all factors pertaining to the value of a home including its location, condition, size, proximity to facilities and recent sale prices of comparable properties.

 

Myth: In a robust economy – when the sales prices of homes in a given area are reported to be rising by a particular percentage – the value of individual properties in the area can be expected to appreciate by that same percentage.
Reality: Value appreciation of a specific property must be determined on an individualized basis, factoring in data on comparable properties and other relevant considerations. This is true in good times as well as bad.

 

Myth: You generally can tell what a property is worth simply by looking at the outside.
Reality: Property value is determined by a number of factors, including location, condition, improvements, amenities, and market trends.

 

Myth: Because consumers pay for appraisals when applying for loans to purchase or refinance real estate, they own their appraisal.
Reality: The appraisal is, in fact, legally owned by the lender – unless the lender “releases its interest” in the document. However, consumers must be given a copy of the appraisal report, upon written request, under the Equal Credit Opportunity Act.

 

Myth: Consumers need not be concerned with what is in the appraisal document so long as it satisfies the needs of their lending institution.
Reality: Only if consumers read a copy of their appraisal can they double-check its accuracy and question the result. Also, it makes a valuable record for future reference, containing useful and often-revealing information – including the legal and physical description of the property, square footage measurements, list of comparable properties in the neighborhood, neighborhood description and a narrative of current real-estate activity and/or market trends in the vicinity.

 

Myth: Appraisers are hired only to estimate real estate property values in property sales involving mortgage-lending transactions.
Reality: Depending upon their qualifications and designations, appraisers can and do provide a variety of services, including advice for estate planning, dispute resolution, zoning and tax assessment review and cost/benefit analysis.

 

Myth: An Appraisal is the same as a home inspection.
Reality: An Appraisal does not serve the same purpose as an inspection. The Appraiser forms an opinion of value in the Appraisal process and resulting report. A home inspector determines the condition of the home and its major components and reports these findings.