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All Forum Posts by: Stacie Pearman

Stacie Pearman has started 1 posts and replied 12 times.

Originally posted by @Jeremy Roethle:

@Stacie Pearman

Gotcha what does that average annually to factor the numbers?

Side note also a vet, I think someone said it before, but I think there is away to use your VA loan again if you don't move the property. Reach out on VA lender just so you have a back up plan just in case.

 We pay $400 a year for flood insurance.

Originally posted by @Jeremy Roethle:

@Stacie Pearman

Could be a good investment property, does require hurricane insurance or anything out of the norm due to location?

We do not live in a high flood zone but I've carried flood insurance as long as I've been here because hurricanes do happen! 

Originally posted by @Jeremy Roethle:

@Stacie Pearmanstacy how is the rental market there? Is there a full rental season, tourist season, college or industry around to support rental market?

Thank you

Jeremy

 Rental area is pretty strong, we are very close to the beach. My neighborhood doesn't allow short term rentals like Airbnb. We get a lot of snowbirds that come for half of the year. We have Coastal Carolina University about 20 minutes away but where I live wouldnt be a strong market for college kids. Many younger families here rent, as they work in the resorts and typically can't/don't buy.

Originally posted by @Alexandre Marques dos Santos:

@Stacie Pearman

Why dont you put numbers here? If the numbers makes sense to an investor, you can find someone interested ...

1) price

2) closings

3) fair rental price

4) insurance

Etc

hi, I wasn't sure that was allowed!

Originally posted by @Kristin Kiddy:

First off, don't get upset at what I'm about to say.  I had a similar experience selling a home in Denver, CO a few years back that had a ton of showings and not a peep of an offer for a long time (in comparison to other homes and the hot market at the time).  The problem was that the house had too much wear and tear that didn't show up in the listing photos but was evident when buyers toured in person.  (It had been a rental for several years and we were attempting to sell it long distance so we relied on our real estate agent to get the home ready for sale.  She did her best to get it cleaned up for us, but what it really needed was an interior paint job).  

From studying your listing photos, it may be a similar situation.  Your appliances seem very "hazy" in the kitchen photo.  Also, you could improve the overall impression of your property with some decluttering and removing some furniture.  If you look at the comparable's photos and note how much furniture and decor is used in each room, it has significantly fewer pieces.  Specifically, I would remove the red chair in the living room entirely.  I would also attempt to reposition the bed in the bedroom out of the corner of the room.  When you push beds into corners, what you are telling buyers is there isn't enough space in the room to fit that size bed.  The bed coverings on the beds are a little rumpled as well and could use a freshening.  I like the overall theming of your decor, but I would remove all the smaller pieces and keep walls decorated with just the large pieces of art that you have.  I also noticed that your back deck/porch only has a table on it.  That should be staged with chairs so buyers are encouraged to sit down and look at that beautiful lake.  And your terrific 2 car garage is really not going to be seen as clearly with the clutter that is there.  For my most recent home I sold, I rented a storage unit and moved 90% of the "stuff" in my garage out to make it look incredibly spacious.  

Again.  Living in a home is very different that selling a home.  I am not critiquing your way of life.  When you stage a home for sale you make it almost "unlivable" for yourself in the hopes that buyers will be sold on how "livable" it looks.  You are selling a dream.  Hope this helps.  Good Luck.

 Very good advice, thank you!

Originally posted by @Joe Lewis:

@Stacie Pearman As a realtor, I’d seriously inquire all of the marketing/advertising he is doing and ask for the results for all of those methods. Also, with limited comps in the area, was the listing price towards the higher end of the market or towards the middle? I’m assuming your property is in great condition, but the numbers and his efforts must match to make it work. If he’s organized, it won’t take long for your realtor to produce this info. Hope this helps

Hes marketing it online through his marketing team and says that after a few weeks I'll start getting emails once a week with the traffic info on the property. 

Hi, we could rent but would rather free up our VA loan certificate to buy again. We are relocating to Delaware and the market is super hot there, need to jump on a house fast.

Great suggestions,  thanks all! I'll definitely follow up!

Originally posted by @Irene Nash:

Would you be able to post the Zillow links for the other two homes you mentioned? Their size and stats are important in reference to your question. Your photos are good and your home presents nicely online.

(Also just a heads up that some areas have rules against taking a house off market and popping it back on, depends on the regulations for your area's MLS.) Please tag me if you reply and I'll check back.

 Hi Irene,

https://www.zillow.com/homedet...

That is the home currently listed. Same square footage, but we have 4 bedrooms and they have 3. The other home that sold seems to have been a private sale as it never had a sign, not on zillow.