OWA Spells “FUN!”

OWA Opening

 

Living in Baldwin County has been an incredible experience, and it comes with so many exciting opportunities to enjoy living on the coast. My family is always looking for activities to make the most of being able to enjoy being outdoors, and OWA will not disappoint! Along with the amusement park, sports complex, restaurants, hotels, etc., this development brings with it excitement! How fun will it be to have a place to make the memories with our families and friends we will be able to make?

 

I grew up in north central Alabama and every Summer we would travel to the Gulf Coast for vacation. Some of my favorite memories are jumping the waves with my Nanny or watching my little sister jump in the pool with her floaties on at under 2 years old. She was a little fish! But along with those memories are those of the rides, games, and fun at Miracle Strip in Panama City Beach. I loved riding the cars with my cousin, playing games and eating way too many snacks.

 

936414_10200860535748283_1739818778_n

 

One of my favorite pictures of my grandfather, my Papa, is the one above and it was taken at Miracle Strip when I was around 3 years old. I treasure this photo and the memory that comes to mind every single time I see it – he was making that popping sound by putting his finger in the side of his mouth and popping it out – no clue how else to explain it. In my 3 year old mind, it was magic!

 

As the time comes for the opportunity to make these memories with my own husband and daughter, I get more and more excited! I know it means more traffic, and I know it means growth in our small towns, but how amazing is it that we get to watch it happen, Baldwin County? We get to watch more people move to the area that we all love and experience the life that we get to live every day.

 

There’s plenty of room for all of us! And if you need help moving to or away from the growing areas, then by all means let me know! I look forward to seeing you at OWA and helping you find your home near the shores!

Debunking 5 Home Buying Myths

Untitled design (2)Finally ready to make the transition into home ownership? That’s awesome, and in this exciting time you can be turning to friends and family for an insight into the process. However, there seems to be a circulation of misinformation spreading around, so we’re here to clear up a few myths.

 

  1. THE FIRST STEP IS SEARCHING FOR A HOME

You know the saying, “Don’t put the cart before the horse,” well that’s important to remember when it comes to buying a home. You don’t want to start looking for a house until you have gotten to sit down with a lender and discuss what the bank will qualify you for. If you fall in love with a house that’s $250,000 and come to find out you’re only qualified for $200,000 you can get your hopes crushed and waste a lot of time. Don’t start the process on the wrong foot and make sure the numbers line up.

  1. YOU DON’T NEED A REAL ESTATE AGENT

For starts, when buying a home, 99% of the time the buyer’s agent gets paid by the sellers. That random 1% can be for odd circumstances. So you’re getting to use the services of a real estate agent for free. Having a real estate agent on your side means you’ll get to see homes that aren’t as readily available on public searches, you avoid outdated listings and scammers (there are lots of them), and you have protection when it comes to navigating the legalities of contracts and buying a home. Why wouldn’t you want an awesome negotiator working to ensure you get the best from the transaction? For FREE!

  1. YOU CAN’T BUY A HOME WITH BAD CREDIT

Fortunately for some, this is a myth. Lenders and banks come by the hundreds of thousands and all though there are a few loan options, a lot of lenders can work with credit scores down to the low to mid 500’s. Get in touch with an agent to help you connect with the right lender who can help you potentially approved. There is a lot of factors that go into approvals, but your credit doesn’t have to be a sore thumb during the process. However, you will be doing yourself a favor if you connect with a credit repair specialist to at least get those numbers in the 600’s. A better score will lower you interest rate.

  1. YOUR DOWN PAYMENT HAS TO BE 20%

Think you have to sell an arm and a leg to buy a home? Not at all! An FHA loan only requires 3.5% while a conventional only requires 5%. There are a lot of programs that can potentially help you with down payment assistance or be 0% down mortgage. USDA and VA loans are the most popular 0% down programs. If you qualify, this can take a big chunk off the amount of cash you have to bring to the closing table.

  1. DOWN PAYMENTS ARE THE ONLY UPFRONT COST

This is one of the biggest misconceptions. There is a lot of cost that goes into buying a home, and that includes upfront costs. One of the mandatory ones are a termite and appraisal. If you are getting a mortgage, the home will have to appraise and get a letter stating there are no termites in the home. Termite can range between $25-$75 dollars. An appraisal can range from $300-$700 dollars. Aside from your down payment, you then have to pay for closing costs. And NO, they are not the same thing. Closing costs can range anywhere between 3-6% of the purchase price. In certain markets, this can be negotiated for sellers to cover by rolling into the offer price, but whether that decision is smart to do or not when it comes to landing your dream home will need to be discussed with your agent.

Now that you have some knowledge to get the process started, contact contact me so I can help you get through the process as smoothly as possible.

 

Welcome!

keysAt Selling Alabama’s Shores my goal is to provide a seamless Elite customer service experience for each and every client. I strive to provide superior customer service, utmost professionalism while not compromising personal attention, and unparallelled satisfaction with each real estate transaction that I am hired to perform.

From the time you contact me until the day you complete the sale or purchase of your home, my goal is to make you feel appreciated and heard. I work hard so that you are able to achieve success in either obtaining the premium price for your home sale, the highest return on your investment property, or the perfect fit for your needs for your new home.

Please follow me here for the latest in area news and information, industry recommendations and trends, and my take on all that life on Alabama’s shores has to offer.

I sincerely appreciate your visit to my blog, and welcome to our beautiful area!