Expert Real Estate Advice

Expert Real Estate Advice
by Christina Asad Edwards, REALTOR & Assoc Partner

Monday, November 19, 2007

Help the California Wildfire Victims

The National Association of Realtors donated $500,000 to the REALTORS® Relief Foundation for the victims of the California Wildfires, and they are urging you to do the same.
REALTORS® have a reputation for assisting to rebuild homes and communities when disaster strikes. The REALTORS® Relief Foundation was created to supply to victims of disasters and their families with housing support. The REALTORS® Relief Foundation provided provisions, volunteers, and millions of dollars for victims of several recent emergencies, including the September 11th terrorist attacks in 2001, hurricanes Katrina and Rita in 2005, and the South Asia Tsunami in 2004.

Please donate to the REALTORS® Relief Foundation today by visiting the website at https://www.realtor.org/RelFundTrack.nsf/Contribution?OpenForm

Buy or Rent?

There are several benefits to purchasing a home, including:

  • Purchaser's are often surprised that a monthly mortgage payment is actually LESS than the monthly rent payment. You may find a loan that is the same, or slightly more than, your monthly rent.
  • Owning a home can save you hundreds (even thousands) of dollars in taxes each year.
  • Unlike renting, buying your own home means steady monthly living expenses. To lock in your mortgage payment, secure a fixed-rate loan.
  • The last, but not least, benefit is having the freedom to make decisions about how you live. As a homeowner, YOU decide whether or not to have a pet; YOU decide whether the walls are red or yellow; and YOU decide whether or not to remodel.

To find a trusted, experienced mortgage professional to determine if you are ready for home ownership - ask a Realtor.

Wednesday, November 7, 2007

Difference Between Appraisal, Market Analysis, and Highest Price Analysis

An appraisal is a certified appraiser's opinion of the worth of a home at a specified time. The appraisal is based on the building size, the condition of the home and neighborhood, comparable local sales, historical information, and sales trends that predict future value.

A comparative market analysis is an estimate of market value, or the price the house will bring at a specified time. Several factors are used to determine market value including sales of comparable properties, location, building size, and lot size. The market analysis is completed by a real estate agent or broker.

A highest price analysis is a combination of two analyses - a comparative market analysis and a trendgraphics report. A highest price analysis is the best tool to have when pricing your home to be placed on the market.

I provide all my clients with a highest price analysis when placing their homes on the market, so if you would like the most definitive tool to price your home to sell please contact me today!

Christina Asad Edwards, REALTOR
2006 Sales Masters Top Agent
Christina.AsadEdwards@RealLiving.com
http://www.teamedwards.info/
mobile or text 937-205-4741
office 937-573-0082
fax 937-433-3561
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation

Thursday, October 11, 2007

There are benefits to both existing homes and new construction. I personally had a new home built and purchased two existing homes. I found that I prefer the character in older homes from the 1940's era, but my 1941 built home has higher energy bills than a newer home. Realtors can help weigh your options and assist in your decision of what is best for you. The benefits of both existing homes and new construction are numerous.

Benefits of an Existing Home -
Existing homes are typically in established neighborhoods and therefore offer more stability with school districts and laws. The resale value on an existing home is usually more than the resale value on a new home. Existing homes are often more cost effective. New construction homes may have unexpected costs such as backyard sod and there is generally not much room for negotiating allowances.

Benefits of New Construction -
One of the benefits of a new construction home is new facilities such as spa bathtubs and light fixtures. Standard safety devices such as ground fault interrupters and circuit breakers are also a benefit. Additionally, new homes are more energy-efficient due to the new materials used such as vinyl windows.

Christina Asad Edwards, Realtor and New Construction Specialist

Saturday, September 15, 2007

Buyer's or Seller's Market?

According to the law of supply and demand, we are experiencing a buyer's market. Currently, there are less buyers than property inventory. The good news - things are definitely picking up and showing signs of change to a seller's market.

HOWEVER, location is a HUGE factor!

Each neighborhood and community is unique and has their own style of homes. Buyers choose a home for many different reasons. That's what makes real estate challenging, and today's market so different.

In Centerville, Ohio, just a few blocks can make huge a difference. Several areas, such as Yankee Trace, have seen an increase in inventory but the homes are selling quickly. Successful Realtors have the tools to help home owners sell at a fair price, and buyers purchase at an affordable price. Interested in buying or selling in the near future, or have friends/family who are? Contact me today, and I'd be glad to help! I can provide more services than any other real estate agency and I can prove it!

Have a great weekend!
Christina Asad Edwards, REALTOR
2006 Sales Masters Top Agent
Christina.Asad@RealLiving.com
www.teamedwards.info
Mobile or Text 937-205-4741
Office 937-573-0082
Fax 937-433-3561

Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation

Sunday, September 2, 2007

Thinking about building a new home?

Today, 70 percent of home buyers want a new home.

WHY YOU NEED A REALTOR WHEN BUILDING A HOME

Even though a real estate degree might be helpful, you should still strongly consider hiring a Realtor because the cost to You is ZERO – the ultimate price of the home is not impacted by the Realtor’s income because the Builder regards it as a marketing fee and absorbs the cost.
Savings to You An experienced Realtor knows what you are entitled to both in quality and value, and what "extras" might be obtainable.
Resale...Appreciation & Profit A Realtor also knows questions pertaining to site location, builder, design, and decor are key for the best opportunity for appreciation at resale.
You Are Represented Your Realtor's experience, knowledge, skill, and character correspond to strength and leverage on your behalf.

Thinking about building a new home? I personally have experience in building a home, and I am a New Construction and Relocation Specialist. I have information on the area builders, a quality comparison of the builders, their floor plans, and a cost comparison. Feel free to contact me via email or by phone at anytime if you need assistance or have a question about building because I know it can be a confusing process. I'm never too busy to help!

Wednesday, August 29, 2007

Thinking About Investing in Real Estate?

Social Security and pension don't typically offer enough money to keep you in the style to which you've become familiarized. Like many Realtors, I offer my clients (especially those who are retiring) real estate investment advice. I teach people how to find the right property, how to make offers that are beneficial, and MOST IMPORTANTLY (along with my mortgage network partners) how to buy property with no money down. I personally own and rent out properties, I have experience with single family homes and duplexes, which gives me a positive cash flow each year. Want to learn how you too can make more money investing in real estate? Contact me today - I’d be more than happy to help!

-Christina Asad Edwards, Realtor
Christina.Asad@RealLiving.com or Mobile/Text 937-205-4741