Maureen's Newsletter Updates

The ultimate fall checklist every homeowner can use! 

Over the years, I’ve learned the importance of preventative maintenance. My husband, David, and I are working to prepare our home for winter, and I always pass along helpful advice to my clients preparing their homes to list. For those thinking about selling a home in the coming months, these tips are critical to avoid unwanted surprises!

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Economic Development Talk with John D. Duncan

Want to know what's going on with development in Collierville? 
On October 17th, I attended an excellent presentation by John D. Duncan, Director of Economic Development for the Town of Collierville: "Navigating the Competitive Waters of Economic Development." Topics covered: residential, retail, industrial and office development in our Town (including a discussion about the proposal to bring Amazon to our area!). Read more about new restaurants and businesses coming to Collierville here: 

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Top 10 mortgage tips for potential buyers

Home buyers need to do a lot of homework! When I work with new buyers, I always suggest they prepare EVERYTHING needed for a mortgage lender, so they can get their pre-approval letter quickly! Learn more HERE in my newsletter! Questions? Let’s talk! 901-674-0954

Real estate is a lot like a major theater production

There are so many players involved! If you’ve attended the theater and seen a play where the lighting is off, or the actors miss their cues or the music is not timed perfectly, it’s just a mess. You cringe watching it all fall apart. Just trying your best and hoping it all works out is not enough in front of a live audience and it’s certainly not enough when it comes to one of the biggest financial decisions of your life. Theater work and real estate both take expert planning, timing and practice to make it all come together perfectly. Consider all the players and action!

Coordinating Possession

Moving Companies

Utilities

Inspectors

Bankers - Loan Officers

Repair and service work

It’s not easy making it LOOK easy, but when it works, there’s nothing more rewarding!  When the curtain falls, and the actors come out to applause and have tears of joy, that’s what I feel like at each closing. My clients and I are in this “big production” together, it’s one of the biggest moments of their lives. We’ve worked so hard on the journey to get to closing and it’s a huge moment! 

In all my experience, one closing stands out as the EPIC CLOSING OF ALL TIME. For me, that involved an amazing and complicated succession of events to make timing work out (4 clients + 4 agents + 4 real estate companies = 1 momentous closing date!)

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Maximizing the selling price of your home:

When it comes to listing your home for sale, it's critical to get the MOST out of your investment dollars. The best way to do that is selecting an agent with a high level of experience in negotiating to maximize the value of your home sale. Leveraging an agent's connections, unique knowledge, and track record of success will earn you a successful, smooth closing. The second way to boost your home’s value is by making smart home improvement choices. Whether you plan to list your home next month or next year, it’s wise to map out the best plan for getting it ready for market (and pick the best real estate sherpa for the journey!)

CLICK to read what to consider for realtor "Must Haves" (and where to invest your home improvement dollars for the best return!)

What you need to know about property condition disclosure & home inspections:

If you’re thinking about listing a home or buying a home, disclosure is more complicated and important than you may think. If buyers find unexpected problems, costly lawsuits could haunt a home sale years after closing.
There are so many critical questions you need to answer when listing a home. Have claims been filed? One of the biggest issues is water damage. If there’s been water intrusion and no mention of it in the seller’s disclosure, that’s a big problem!

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5 ways to avoid a closing fiasco!

Don’t go shopping for new furniture YET…

Many people think they’re in for smooth sailing once they’ve been approved by a mortgage lender. If you have the pre-approval letter in hand, keep in mind, you still need to focus on smart spending until closing is complete and you have your house key in hand!

Don’t start buying the new furniture for the house before closing! The lender will run ANOTHER credit check just before closing. 

Advice for homebuyers applying for mortgages:

1. Don't be late. 

2. Don't add to any existing credit card balances.

3. Don't apply for any new credit accounts.

4. Don't close unused accounts.

5. Don't dispute anything on your credit report.

CLICK to read full newsletter - How to get to closing smoothly...