
Frequently asked questions.
How do I determine the value of my property?
The best way to determine the value of your property is through a professional appraisal or a Comparative Market Analysis (CMA) by a licensed real estate agent. This process compares your property to similar recently sold properties in your area, taking into account factors like size, location, amenities, and condition. Contact us today for your FREE CMA!
When is the best time to sell my property?
While real estate trends can vary, traditionally, spring and summer are considered peak seasons. However, various factors, including local market conditions, interest rates, and economic trends, can influence the best time to sell. Contact us today for tailored advice.
How long will it take to sell my home?
The time it takes to sell a home can vary based on factors like pricing, location, condition, and current market conditions. While some homes sell within days, others may take months. A Legacy Homes agent can give you an estimate based on current market trends.
What is the difference between list price and sale price?
The list price is the price a seller asks for their property. The sale price is the price a buyer actually pays. It might be higher, lower, or the same as the list price, depending on market conditions and negotiations.
Should I make repairs before listing my home?
While not always necessary, making certain repairs may increase the appeal of your property, leading to faster sales and higher offers. It's advisable to discuss potential repairs with a Legacy Homes agent, who can provide insights on which repairs might offer the best return on investment.
What is the difference between a fixed-rate and an adjustable-rate mortgage?
A fixed-rate mortgage has a constant interest rate and monthly payments that never change. An adjustable-rate mortgage (ARM) has an interest rate that can change periodically based on changes in a corresponding financial index. Contact us today for all of your mortgage options.
Can I buy a home even if I have bad credit?
Yes! Buying a home with bad credit might be possible, but it can be more challenging. You may face higher interest rates or need a larger down payment. Some lenders offer programs tailored to buyers with less-than-perfect credit.