The Savvy Realtor with Angie Cole

The Good News For Homebuying Right Now

While there are a lot of hard things we’re all dealing with right now, what are some of the positive things we can find amidst all this? In this episode we’ll look at the silver lining and hear some ways you can still have a positive experience while buying or selling a home.
 
Read more and get additional resources here: https://www.acolerealty.com/blog/the-good-news-for-homebuying-right-now/ 
 
See our listings here: https://www.acolerealty.com/
 
Today's show schedule: 
0:38 - What’s a silver lining right now with current homebuyers?
3:03 - Almost a quarter of buyers are comfortable with buying a home without seeing it in person.
5:17 - March numbers revealed a dip in home sales, but the median home price was up nationally.
7:10 - Home prices in the Triangle are still appreciating.
7:55 - What does it look like to sell a home right now, during coronavirus? 

How the Triangle Compares to National Real Estate Statistics

We have a number of interesting real estate statistics to share with you this week, but how do they compare to the real estate market in the Triangle? What does Angie have to say regarding some of these nationwide numbers and data?
 
Read more and get additional resources here: https://www.acolerealty.com/blog/how-the-triangle-compares-to-national-real-estate-statistics/ 
 
See our listings here: https://www.acolerealty.com/ 
 
Today's show schedule: 
1:31 - What are some relevant statistics when it comes to buying and selling a home?
2:03 - 12 percent of homebuyers in the last week made a purchase without seeing the home in person.
4:57 - 1 in 4 Americans plan to use their stimulus check on housing, rent, and utilities.
7:07 - A Freddie Mac study said the real estate market was short 3.3 million homes.
10:38 - The number of single homeowners is at a record high.
12:44 - Before coronavirus, what were the top worries for homeowners in 2020?
 

Mailbag: Coronavirus Edition

Thinking about buying or selling a home this year but now reevaluating due to the coronavirus? How quick could you get your home on the market right now? Angie answers four questions from the mailbag, all related to real estate in times of coronavirus.
 
Read more and get additional resources here: https://www.acolerealty.com/blog/mailbag-coronavirus-edition/
 
See our listings here: http://acolerealty.com
 
Today's show rundown: 
0:42 - Mailbag: Is it still worth investing in rental properties?
1:34 - Rental rates are rising.
2:34 - Mailbag: How quickly can your team get our house on the market?
6:02 - Mailbag: Will homebuying costs change due to coronavirus?
8:14 - Mailbag: Will the housing market collapse? 

Stay Safe While House Hunting During COVID-19

Are you about to begin house hunting? Wonder how you can do so while still staying safe and healthy? Angie shares strategies and ways the real estate world has shifted during coronavirus.
 
Read more and get additional resources here: https://www.acolerealty.com/blog/stay-safe-while-house-hunting-during-covid-19/
 
Today's rundown: 
0:38 - How is Angie holding up?
4:05 - Stay safe: find an agent that values keeping you safe.
5:53 - Use virtual or video home tours.
8:20 - Can you still check out “the one” in person?
9:07 - Get a remote mortgage through remote pre-qualification and approval.
10:02 - Home inspections have more rules to limit exposure.
13:14 - Remote appraisals are starting to occur based on available data.
14:53 - Are remote home closings possible?
16:50 - Hire a cleaning crew (if you can find one). 

Buy Now or Wait Until Coronavirus Is Over?

When considering buying a home, there are a lot of variables to consider. One of the bigger variables right now is coronavirus. It might be causing you to hesitate or motivating you to find a better space to meet your needs sooner.
 
Read more and get additional resources here: https://www.acolerealty.com/blog/buy-now-or-wait-until-coronavirus-is-over/
 
See our listings: https://www.acolerealty.com/ 
 
Today's show rundown: 
0:37 - Mailbag: When should you do a traditional sale and when should you do an instant offer?
3:26 - Does Angie and her team still offer instant offers?
4:31 - Mailbag: How fast can you move right now during coronavirus stay-at-home orders?
8:00 - Mailbag: Should you buy the home that fits your situation now or one you anticipate a few years from now?
13:29 - Mailbag: Is it worth waiting a few months until after the coronavirus in hopes of home prices dropping?
16:21 - Let Angie know how her team can be of service to you, especially in these trying times. 

Coronavirus: Selling A Home During Shelter-in-Place

With the new safety concerns and government orders, what is possible when it comes to real estate? Can you still buy or sell a home during these times? Let's get the latest from Angie Cole. 
 
Read more and get additional resources here: https://www.acolerealty.com/blog/coronavirus-selling-a-home-during-shelter-in-place/ 
 
Today's rundown: 
0:43 - New rules due to coronavirus such as shelter-in-place are changing things, how does that impact Angie’s business?
5:15 - What changes have Angie’s team made?
7:03 - Can you still sell your home when in shelter-in-place?
9:36 - Several businesses are adapting to still be operational during social distancing.
11:49 - Mortgage appraisal requirements are being eased to accommodate coronavirus restrictions.
14:06 - National Association of Realtors is urging Congress to allow remote notarization.
15:22 - Real estate website analyzed search data on google to find out which home styles draw the most attention.

What’s the Impact of Coronavirus on the Real Estate Market?

How has the coronavirus changed things with real estate? Should you jump on the lower interest rates? We'll those and other mailbag questions on this episode.
 
Read more and get additional resources here: https://www.acolerealty.com/blog/whats-the-impact-of-coronavirus-on-the-real-estate-market/ 
 
See our listings: http://acolerealty.com 
 
Today's rundown: 
0:47 - Mailbag: Will buyers tour homes virtually now due to coronavirus?
2:28 - How might the impact of coronavirus change businesses for the better in the future?
5:46 - Mailbag: How long will it take to hear back from a mortgage person?
9:52 - Mailbag: Where in Raleigh can a new homeowner find a home that can fit a lower budget?

How Much Due Diligence Money Should You Put Down?

When buying a home in North Carolina, often it is expected to put down due diligence money with the offer. How much money should you put down? How does this impact the home buying process?  We’ll explain due diligence on today’s episode.
 
Read more here: https://www.acolerealty.com/blog/how-much-due-diligence-money-should-you-put-down/ 
 
See our listings: http://acolerealty.com  
 
Today's rundown: 
0:37 - Mailbag: When should red flags on a home stop you from making an offer?
3:42 - Seldom does a deal come apart due to what happened in inspection.
5:08 - Mailbag: How much should you set aside for due diligence and earnest money?
6:17 - If you are in a bidding war, putting more in your due diligence money can help you win the offer.
8:00 - There are creative ways to write the offer and terms to give a delayed due diligence.

Learning Real Estate Lingo

In the home buying process, there are all sorts of new terms that get tossed around. Do you understand what all of these terms mean and how it pertains to your home purchase? Angie is going to help you with the lingo you often hear in real estate.
 
Read more and get additional resources here: https://www.acolerealty.com/blog/learning-real-estate-lingo/ 
 
Today's rundown: 
0:38 - What are important real estate terms to know?
1:41 - What is an appraisal?
6:02 - What is an ARM vs. a fixed mortgage?
8:31 - What are closing costs?
10:10 - Is “as is” a bad term?
12:24 - What does DOM and CDOM mean?

Deciding Between Renting vs. Selling Your Home

Are you considering renting your home and turning it into an investment property? Or would it be wiser to sell it as you prepare to buy a new home?  We weigh the pros and cons on today's show. 
 
Read more on the topic and get additional resources here: https://www.acolerealty.com/blog/deciding-between-renting-vs-selling-your-home/ 
 
Today's show rundown: 
0:44 - Mailbag: Should we sell our home or rent it out?
3:05 - Mailbag: How do you know what to offer on a home?
5:20 - Your realtor can help you determine how much to offer, but ultimately it’s up to you as the buyer.
6:48 - Mailbag: Why has our home had the contract fall through when trying to sell?