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Auburn, AL Real Estate News

By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Win in Real Estate Negotiation with Leverage and ConfidenceWhen it comes to winning in a real estate negotiation, two essential factors will set you apart: leverage and the ability and willingness to walk away. As a realtor, I’ve seen firsthand how emotionally attached some people get to a home, and while this is understandable, it can cost you in the negotiation process.Leverage is Key:Leverage can come in many forms: Time: If you aren’t in a rush but the other party is, they may be willing to compromise in your favor. Options: Having more than one property to consider can give you a stronger position. Purchase Size: Buying in bulk or making a higher offer can give you more sway in negotiations. Keep Your Emotions in Check:Many buyers become emotionally invested in a home before the de...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Does a seller really have to replace an old appliance just because the buyer asks? If that appliance is over 10 years old but still working, should you draw the line or agree to make changes?When selling a home, you’ll likely face requests from buyers to replace or repair certain things. The question is: where do you draw the line? If an appliance is old but fully functional, sellers are not obligated to replace it just because the buyer asks. However, sellers need to weigh the request carefully, as it could impact the deal.For example, let’s say the buyer requests a new roof on a home where the current one is only six years old. After receiving differing opinions from roofers, you could choose to offer a credit of around $5,000, meeting the buyer halfway to finalize the deal.The key is...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
How Hybrid Work is Shaping Housing DemandThe rise of hybrid and remote work is dramatically reshaping the housing market. With fewer people tied to offices in big cities, many are opting to live in more affordable or scenic areas. Homes with dedicated office spaces, larger square footage, and proximity to outdoor activities are becoming more desirable.Why It Matters: Buyers are prioritizing space and lifestyle over proximity to offices. Markets that were previously overlooked, like smaller towns, are seeing increased demand. What You Can Do: If you work remotely, now is the time to rethink where you want to live. I can help you find a home that supports your lifestyle and work-life balance.“Working from home? Why not live where you’ve always wanted?”“Let’s find a home that suits your ne...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Struggling to Afford a Home? Here’s What You Need to Know!In today’s market, the classic “30% rule” for housing costs just doesn’t cut it anymore. Home prices are soaring, making it nearly impossible for many first-time buyers to stay within that guideline. With the average home price at $439,000, potential monthly costs can easily eat up nearly half of your income!Why Are Homes So Expensive? It’s not just about high interest rates; the real issue is a severe shortage of available homes. This supply crunch, which started before the pandemic, keeps pushing prices up. Even if rates drop, inventory is unlikely to surge, so affordability challenges will remain.New Rules for Buying in 2024? For some, spending 50% of their income on housing is becoming the new normal. But is it realistic? Mos...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Sustainable Landscaping: Boost Your Home’s Value and Curb AppealDid you know that eco-friendly landscaping can increase your home’s value and make it more appealing to buyers? According to a 2023 NAR report, homeowners enjoy a “joy score” of 9.7 after upgrading their outdoor spaces. Plus, 92% of REALTORS® recommend boosting curb appeal when selling, and sustainable landscaping is a growing trend that delivers beauty and benefits for years to come!Why Go Green?Sustainable landscaping not only improves curb appeal but also reduces water usage, cuts maintenance time, and attracts eco-conscious buyers. Imagine a gorgeous, low-maintenance yard that boosts resale value while being kinder to the environment. That’s a win for everyone!Top 5 Eco-Friendly Landscaping Ideas Drought-Tolerant Plants...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
What Needs to Stay When Selling Your Home: A Guide to Fixtures and MoreWhen selling your home, it’s important to know what stays with the property and what can be taken with you. One key area to understand is fixtures—these are items permanently attached to the home, such as built-in shelves, light fixtures, ceiling fans, and window blinds. Generally, if it’s bolted, nailed, or mounted to the walls, it’s considered a fixture and stays with the house.But fixtures aren’t the only thing to be aware of! Some appliances, like ovens and dishwashers, may also be included in the sale, depending on the terms of the contract. Make sure to carefully review your contract to see what is agreed upon to avoid any last-minute surprises.What Shouldn’t Be Left Behind? Items that are specifically excluded...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Should You Move Out Before Selling Your Home? Pros and Cons to Consider!When selling your home, one of the biggest questions you might face is whether to move out before it sells. It’s a decision that can impact the entire selling process, from showings to your final sale price. Have you considered which option is best for you?When I sold my home, I had to weigh this decision myself. Here’s what I found: moving out before your home sells has its advantages and disadvantages, and it all depends on your situation.Advantages of Moving Out Before Selling: Easier Showings: Without you or your family in the house, potential buyers can come by for a showing at any time. This flexibility can help your home sell faster, as buyers don’t have to work around your schedule. Staging Flexibility: With...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Are Zillow Home Prices Accurate? Here’s What You Need to Know!   Zillow can be a helpful tool for home buyers and sellers, but it’s important to understand that the home prices listed are often just estimates—they may not always reflect the true value of a property. Zillow uses algorithms based on comparable sales, but it doesn’t always account for differences like recent updates, added rooms, or unique features. For example, a home with a brand-new kitchen or extra bedroom may be worth more than a similar-sized house without those upgrades. To get an accurate estimate of your home’s value, it’s best to have a professional appraiser or an experienced realtor (like me!) come and take a look in person. When you’re ready to buy or sell, working with a local expert who knows the ins and out...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Preparing Your Home to Sell for Top Dollar: Quick Fixes That Pay OffThinking of selling your home and want to get the best price? Before you list it, take a step back and assess its condition. Even minor wear and tear can turn off potential buyers, so making a few key repairs and upgrades can help your home stand out from the competition. Here’s how to get your home in top shape before hitting the market.Check the Age of Key FeaturesBuyers will want to know how old major items are—like your roof, HVAC system, and water heater. If you have maintenance records, gather them to show buyers your home is well cared for.Do a Room-by-Room WalkthroughTake a thorough walk through your home, inspecting for damage or issues that could lower its value. Look for wood rot, water stains, leaks, or any ...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
The Latest in Home Security: Smart Cameras & DoorbellsAs technology advances, home security is becoming more accessible and essential for homeowners. Smart security cameras and doorbells are game-changers, offering real-time monitoring, motion detection, and integration with other smart devices.Why Hardwired Cameras are BestWhile battery-powered cameras are easy to install, hardwired options provide better video quality, immediate motion detection, and 24/7 monitoring without the hassle of recharging. Brands like Ring and Reolink offer top-tier hardwired cameras and doorbells that enhance home security.Cloud vs. Local StorageHomeowners can choose between cloud storage or local solutions. Cloud options from companies like Ring or Nest offer easy access to past footage, but they come with...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Don’t Miss Out: Why Home Sellers Should Consider All Types of FinancingAre you thinking of selling your home? You may have heard advice to only accept cash or conventional offers, but turning down FHA, VA, and other types of loans could mean missing out on a huge opportunity! Here’s why: Wider Buyer Pool: By limiting yourself to only cash or conventional offers, you’re shrinking your potential buyer pool. FHA and VA loans, for example, cater to first-time homebuyers and veterans who are eager and qualified to purchase, but may not have a large down payment. These buyers are serious, and their financing is secure. Fast Closings with VA Loans: VA loans are backed by the government, meaning less risk for sellers. Plus, VA buyers are often ready to close quickly since there’s no need for mo...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
How to Protect Your Home from Online Burglary ThreatsWith real estate listings going digital, criminals are increasingly using platforms like Zillow, Redfin, and Google Street View to plan burglaries from the comfort of their own homes. These “burglary tourists” can view detailed interior photos, spot security systems, and identify access points—all without ever stepping foot in your neighborhood.To protect yourself, limit what you showcase in online listings. Avoid posting detailed videos or nighttime photos that could reveal security camera locations or entry points. Always blur your home on Google Maps, and claim your listing on Zillow to remove sensitive photos once the home is sold.When selling, it’s vital to balance great marketing with safety. Ensure valuable items are removed fr...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
The Rise of Secondary Markets: Affordable Alternatives to Major CitiesSecondary markets, or smaller cities and towns outside major metropolitan areas, are seeing an influx of buyers. With home prices in major cities becoming increasingly unaffordable, buyers are looking to secondary markets like Auburn, AL, for more affordable options without sacrificing quality of life. These areas are often less competitive but still offer job growth and development.Why It Matters: Home prices in secondary markets can be significantly lower than in major cities. You can often find larger homes and more property for your money. These markets are growing, meaning potential for future home value appreciation. What You Can Do: If you’ve been priced out of larger cities, consider looking at homes in second...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
First-Time Homebuyer Programs: Your Key to Affordable HomeownershipBuying your first home can be daunting, but there are a number of loan programs and assistance options that make the process easier by lowering costs and reducing barriers to entry. Whether you’re concerned about down payments, interest rates, or closing costs, several government-backed programs are designed to help first-time buyers achieve homeownership.FHA Loans (Federal Housing Administration)FHA loans are one of the most popular programs for first-time homebuyers. They allow buyers to qualify with a credit score as low as 580 and offer down payments as low as 3.5%. If your credit score falls between 500-579, you can still qualify, but you’ll need to make a 10% down payment. FHA loans are ideal if you’re just startin...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Thinking about buying a condo? Condos can be a fantastic option for many homebuyers, but like any real estate decision, it’s important to weigh the pros and cons to make sure it’s the right fit for you.The Pros and Cons of Buying a Condo: Is It the Right Choice for You?When you’re in the market for a new home, condos offer a unique lifestyle that can be perfect for many buyers. With over 35 years of experience in banking and real estate, I’ve helped countless clients navigate the condo market and make informed decisions. To help you decide if a condo is right for you, here’s a breakdown of the pros and cons.Pros of Buying a Condo: Lower Maintenance: One of the biggest perks of condo living is that exterior maintenance, like landscaping and roof repairs, is often handled by the condo ass...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Could There Be a Lien on Your Property Without You Knowing?Did you know there could be a lien on your property that you aren’t even aware of? Many homeowners are caught off guard when they find out about unexpected liens during the home selling process, which can complicate the sale. How Does This Happen?Liens can be placed on a property for various reasons, sometimes without the owner’s knowledge. Common types include: Tax Liens: If property taxes are unpaid, the government can place a lien. Contractor Liens: If a contractor claims unpaid work, they can file a lien, even if you weren’t aware of the dispute. Child Support Liens: Unpaid child support can lead to a lien being placed on your property. Mistaken Liens: Errors in documentation or old, satisfied debts can sometimes result in l...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Moving Out After Selling Your Home: Essential Tips for a Smooth TransitionCongratulations! You’ve navigated the challenges of selling your home, and now it’s time for the final step—moving out. While this part is usually the easiest, there are still a few things you need to do right to ensure a smooth transition. Here’s how to move out without a hitch.Move Out on TimeOnce the paperwork is signed at closing, the buyers officially own the house. That means your belongings need to be out, or you risk potential issues. While most buyers are flexible, it’s best to have your exit strategy set and communicate any delays well before closing.Decide What to Leave BehindDouble-check your closing documents to see what the buyer is expecting to stay. A general rule? Anything bolted down, like blinds...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
How to Buy a House: Your Top Questions AnsweredThinking about buying a home? You’re not alone—many people ask me the same questions: How do I save for a deposit? How much can I borrow? When is the right time to buy? Let’s break it down. Saving for a Deposit: Start by setting a clear savings goal. Most lenders require at least 3-5% down, but putting 20% down can save you on mortgage insurance. Consider automating your savings or cutting back on non-essentials to build your deposit faster. How Much to Borrow: Before house-hunting, get pre-approved for a mortgage. This helps you understand what you can afford and keeps your budget in check. Aim to spend no more than 30% of your income on mortgage payments. When to Buy: Timing the market is tough, so the best time to buy is when you’re fina...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
AI in Real Estate: Predictive Analytics and Smarter Buying DecisionsArtificial intelligence is playing a growing role in real estate. From predicting market trends to determining the best time to buy or sell, AI tools are helping realtors and their clients make smarter decisions.Why It Matters: AI can help forecast property values and potential market shifts. Buyers and sellers can benefit from data-driven decisions, making the process more efficient. What You Can Do: Use these tools to make informed decisions about buying or selling property. As your realtor, I leverage the latest tech to give my clients the advantage.What if you could predict the future of your home investment?Let me show you how AI can help us make smarter real estate decisions.#AIinRealEstate #bhhs #SmartInvesting #...
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By Laura Sellers, www.AuburnOpelikaALRealEstate.com
(Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com)
Mastering the Art of Real Estate Negotiation: How to Secure a Deal That Makes You HappySelling your home is exciting, but the negotiation process can be nerve-wracking. Will you get multiple offers, or will silence fill the air? And if you only get one or two offers below your expectations, what should you do? Don’t worry—I’m here to help you navigate this process smoothly and land a deal you’ll be thrilled with!Get Those Offers InIf you’re not in a rush to sell, it might make sense to see what offers come in over time. But if you want a quicker sale, setting a deadline can create urgency. By pricing your home competitively and setting a deadline, you increase your chances of getting multiple offers—potentially above your asking price.Understand the OfferWhen an offer comes in, don’t ju...
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