Frequently Asked Questions
FREQUENTLY ASKED QUESTIONS
Have real estate questions? Check out our helpful FAQs!
Real estate agents or brokers help buyers and sellers navigate the process of buying and selling properties. They provide expertise, market knowledge, and facilitate transactions.
The home-buying process typically begins with pre-approval for a mortgage, followed by working with a real estate agent to search for properties, making an offer, and closing the deal.
Buying involves a long-term investment in property ownership, while renting provides more flexibility but does not build equity. Your choice depends on your financial situation and goals.
You can get an estimate (not an appraisal) through online tools, but for a precise valuation, consult a local appraiser or a real estate agent.
Closing costs are fees associated with a real estate transaction. The buyer and seller typically share these costs, but the specifics can vary depending on the contract and local customs.
The process involves searching for a property, making an offer, inspections, financing, and closing. A real estate agent can guide you through each step.
A mortgage is a loan used to buy a property. You make monthly payments that include both principal and interest. The loan is secured by the property itself.
A pre-approval is a lender's commitment to provide you with a loan up to a certain amount based on your financial information. It helps you determine your budget and shows sellers you're a serious buyer.
Preparing your home includes decluttering, staging, and making necessary repairs. Your real estate agent can provide guidance on making your home more marketable.
Property taxes are taxes imposed by local governments. The amount is usually a percentage of your property's assessed value. Your local tax authority can provide specifics.
A home inspection is a thorough examination of a property's condition. It's highly recommended for buyers to identify any potential issues before closing.
Negotiating the price involves making an offer and counteroffers. Your real estate agent can advise you on the best strategy.
What are some common real estate terms I should know?
You should be familiar with terms like "closing costs," "escrow," "appraisal," "earnest money," and "contingencies." An agent can provide explanations as needed.
What does a real estate agent do?
A real estate agent helps buyers and sellers with the purchase or sale of properties. They offer expertise, negotiate on behalf of clients, and handle the transaction process.
What are the costs associated with selling a home?
Costs can include any repairs that need to be made, closing costs
Do I need a real estate agent to buy or sell a property?
While it's possible to buy or sell a property without an agent, having one can simplify the process, provide expertise, and often lead to better outcomes.
What are the benefits of working with a real estate agent?
Real estate agents provide market insights, handle negotiations, offer access to listings, and ensure all legal and paperwork requirements are met.
How do real estate agents get paid?
Real estate agents earn a commission from the sale of a property, which is usually a percentage of the property's sale price. The seller has historically paid this commission. Commission has been and always will be negotiable.
Can I work with a real estate agent to find a rental property?
We can refer you to property owners who have houses for rent. We deal mainly with home sales, not rentals.
What is a buyer's agent, and how does it differ from a seller's agent?
A buyer's agent represents the interests of the buyer, while a seller's agent represents the seller. They have different responsibilities and obligations.
What is a title search, and why is it necessary?
A title search is conducted to ensure the property's title is clear of any liens, disputes, or encumbrances. This is crucial to secure your ownership rights.
How can I determine the market value of my property?
Your agent can conduct a comparative market analysis (CMA) to help you understand your property's market value based on recent sales of similar properties in your area.
How long will it take to sell my home?
The time it takes to sell a home can vary based on market conditions, location, price, and the property's condition. We can provide a more accurate estimate.
Can a real estate agent help me with financing options?
While real estate agents are not lenders, we can connect you with reputable mortgage professionals who can help you explore financing options.
How can I stay updated on the progress of my real estate transaction?
As your agent, we will provide regular updates on the status of your transaction, including communication with other parties involved. Clients are encouraged to reach out to us if they have questions.
How can I contact you for more information or to schedule a consultation?
You can reach out to me through my website, email, or phone. Laura Hudson: 812-208-4964(call or text), [email protected].
I am here to assist with your real estate needs.
What is a down payment, and how much do I need for a home purchase?
A down payment is a portion of the property's purchase price paid upfront. In the past a typical down payment was 20% of the home's price.
Should I consider staging my home, and what does it involve?
Staging your home can make it more appealing to potential buyers. It may involve rearranging furniture, adding decor, and making your home look its best for showings.
How can I sell my home quickly and at the best price?
To sell quickly and at the best price, consider proper staging, repairs, and effective marketing strategies. Your real estate agent can provide guidance.
Can I negotiate the price of a property?
Yes, buyers can often negotiate the price of a property. Your real estate agent can help you formulate and present a compelling offer.
Laura was aggressive and ready to work at any time. She did a phenomenal job coordinating a very hectic, high volume showing schedule for a property that was in high demand at that time in the market which resulted in a fast sale Laura did a top notch job from start to finish.
What was your favorite thing about working with Laura? Attention to details, and willingness to do what it takes. Have Laura train new agents.
TESTIMONIALS
"...Laura is truly a gem! We’ve bought 8 homes in 13 years, and Laura has been our favorite. Both my husband and I agreed she’s the kindest, most hard-working realtor we’ve yet to have. She found us a home we love but if we ever move, Laura will be our first call. We appreciate her hard work beyond the closing day of the home. She genuinely cared for us and our happiness."
Davina and Matt - Home Buyers
"Laura was aggressive and ready to work at any time. She did a phenomenal job coordinating a very hectic, high volume showing schedule for a property that was in high demand at that time in the market which resulted in a fast sale..."
Jamie H. - Home Seller & Buyer
"Throughout the process, Laura was forthcoming and honest on all levels. I was confident that she always had my best interest as the priority. Laura will go the extra mile for her clients. It was a pleasure working with her on a professional level. She’s got what it takes and is going to be very successful!!"
Michelle N. - Home Seller
Q: "What was your favorite thing about working with Laura?" A: "Her genuine kindness, she is easy to talk to, and she’s always smiling! Knowledgeable, but wasn’t afraid to be humble. She told us she’d check on the information and get back to us. I respect that. She kept the communication going and was very thorough about the process. We were never left wondering. At times we were sporadic, and we would want to look at a house on the spot. She never hesitated!"
Davina and Matt - Home Buyers
Q: "Would you recommend Laura to a friend?" A: “Yes!”
Q: "What was your favorite thing about working with Laura?" A: "Laura was very professional, efficient, and caring."
Cheryl - Home Buyer & Seller
Q: "What was your favorite thing about working with Laura?" A: “Her attention to detail and willingness to do what it takes. Have Laura train new agents.”
Kameron B. - Real Estate Investor
“My parents are 84. Laura was fantastic- patient with their process and was very accommodating to both their physical limitations and lack of tech skills. Highly Recommend!”
Kristen W.
Daughter of Home Sellers
"I would recommend Laura to a friend. Thank you Laura for your dedication, we noticed all these wonderful attributes about you."
Davina and Matt - Home Buyers
Laura Hudson, REALTOR
Gibson Real Estate
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