Understanding Contingencies in a Real Estate Contract

Fri, Jul 16th 2021 9:00 am by Adrianne Anderson Buyer Tips

Financing Contingency
This is probably the most important contingency in a real estate transaction. If you are paying cash for your home, then this contingency does not apply to you. However, if you are getting a loan, then the lender must approve your loan and fund it in order for you to close on the house. If you're a buyer, its very important to have a pre-approval letter from a lender when making an offer. This demonstrates that you are ready to buy to a seller. If you are selling your home, as your listing agent, I'll screen each offer and ensure that each prospective buyer is pre-approved with a lender. If during the closing period, the financing falls through for reasons outside of ...



No comments

Horry County Map Your Move Tool

Fri, Jun 18th 2021 9:00 am by Adrianne Anderson Local Advice

As a local, I'm constantly sharing my first-hand experience with folks moving here from other areas. It is critical to be aware of local hazards like hurricanes, flooding and wildfires. The Map Your Move feature allows you to search any address to find evacuation zones, storm surge areas, stormwater easements and drainage areas, roadway closures from recent storm events, the current and proposed FEMA flood zones, and the proposed supplemental flood zone currently in review, which reflects flooding from Hurricane Florence, the highest flood of record in Horry County.

In addition to learning what hazards exist, this page also provides resources to help you mitigate those hazards and take t...



No comments

Hurricane Season Is Here!

Sun, May 23rd 2021 9:00 am by Adrianne Anderson Local Advice

Ana is the first named storm of the 2021 Hurricane Season and we are in the first week of this year's hurricane season. This also means 2021 is now the 7th straight year there has been pre-June 1 named storms develop. It’s important that you are prepared for the upcoming storm season.

Know Your Zone- if you don't know, please ask and I can help.

There's tons of tips I'd love to talk through with you: planning for your pets, what to include in your emergency kit and how I can help monitor your property if you are an out of town owner.

Most importantly- watch a LOCAL trusted news source!



No comments

Tips for Buying in Our Current Market

Wed, May 5th 2021 9:00 am by Adrianne Anderson Market Updates

According to April 2021 data from the Coastal Carolina Association of Realtors:
- Prices on all properties are up 10.4%
- The number of properties for sale is down 29%
- Average days on market has gone down every month since August 2020
- What does that mean? Prices are up, inventory is down and things have sped up.

The most important thing you can do is to have a trusted Realtor. Can you buy a property without one? Yes. Does it cost you any money to work with a buyer's agent? No. Commissions are negotiated with a listing agent before the property ever hits the market. Don't just work with any Realtor. Work with one that you trust and that truly has your best interest at heart.

After identi...



No comments

Our Market is Moving Fast!

Tue, Jan 19th 2021 9:00 am by Adrianne Anderson Market Updates

Our market is moving fast for a variety of reasons: low supply of properties, high demand as more people move to our area and historically low interest rates!

Availability of resale single family homes has dropped by almost 30% from last year
New construction single family homes inventory has dropped every month since last May
Mortgage interest rates are less than 3%. Some clients are qualifying for 15 year fixed rates less than 2.5%
If you are interested in buying or selling, please give me a call to discuss the current market and how I can best help you!



No comments

Top Tips for Buying a Home

Mon, Sep 28th 2020 9:00 am by Adrianne Anderson Buyer Tips

Buying a home is an important life decision. Make sure you consider these important tips before you buy:

 

1. Look at your finances and decide how much you can afford.

2. Make sure to physical inspect the home and property for potential fixes and hazards.

3. Tour the neighborhood at different hours to get a feel for the local atmosphere.

4. If you have children now or might in the future, check out the local schools.

5. Check the location of the nearest shopping, such as grocery stores, restaurants, and other stores you already frequent.



No comments

Prepping Your Home for Sale

Tue, Sep 22nd 2020 9:00 am by Adrianne Anderson Seller Tips

Follow these tips when preparing your home for sale:

- Stage each living area to help potential buyers imagine living in that space.
- Keep all rooms clean, including children rooms.
- Remove clutter and extra furniture to help the space feel clean and larger.



No comments