If you are receiving PCS orders arriving or departing Tinker AFB, and need to buy or sell a home. Here is some useful information for you.
Tips for Buying or Selling a Home in Any Market
Today's consumers face a real estate market that's drastically different from the housing boom of just a few years ago. But while the go-go days of soaring prices, bidding wars and fast transactions may be over, that doesn't mean there aren't good options for buyers and sellers. If you are planning to buy or sell a house soon, you still can develop a winning strategy and master the housing game. It starts with preparation, do your homework. It's best to know the lay of the land before you go in.
If You're Buying
Get pre-approved. Learn all you can about the different mortgaged in your area, and get pre-approved for a loan that fits your financial situation. With credit being so tight in today's market, it's important to know what your credit rating is and what lenders are looking to lend based on those ratings.
Research the market and location. Even though there are national trends, every market and every area is different. Narrowing your choices to specific neighborhoods and getting to know them. Commuting time and cost is a big factor . Most people want their homes to be convenient to work and schools, so look for proximity to the things that matter to you. Spend within your means. Know what you can afford and stick to that budget. A general guideline for a monthly mortgage payment — including principal, interest, taxes and insurance — is 28% of your gross monthly income.
Keep emotions at bay. Don't get too attached to a specific property. Be willing to walk away from a potential "dream home." Having choices can help you take a more disciplined approach and keep you from overspending. Remember: There's a house out there that fit needs as well as your pocketbook
If You're Selling
Avoid sentimentality. Emotionally detaching from your home when you begin contemplating selling. You want to be logical about what you're doing so you can part with your home more easily. More often than not, sellers price their homes base on sentimental values than true market values. Be realistic about pricing. Don’t over price it. There are a lot of choices out there, and you don't want buyers to cast your home aside right away because of the price.
Think like a salesperson. Market where the people are: real estate and social networking websites. Be aware that potential buyers are judging your home from the street or from photos on the Web long before they get a closer look. You want to have good curb appeal and no clutter. Make your home look inviting. Compare it to the competition — the other homes for sale in your area — and do what you can to make it better than the other homes the buyers are seeing. Be flexible. Be willing to offer incentives, such as paying for closing costs, moving expenses, new appliances or upgrades.
Please don't hesitate to call or email me. I can help easing some burden of your family during the transition in the military. Believe me I can empathize with your family. My husband was in the military for many years. I understand the circumstances that you are in.