Many potential homebuyers have it all wrong when it comes to the order of shopping for a home. Vero Beach mortgage shopping needs to start long before the home shopping process begins.
If you follow the five golden rules of Vero Beach mortgage shopping, life is a lot easier when it's time to start looking for that perfect home.
We have lots of tips and advice for Vero Beach mortgage shopping here at our website. You can easily find those other articles and news affecting Vero Beach mortgages by clicking on the Vero Beach Mortgage Info link to your right under Vero Beach Real Estate Categories.
If you can't find what you're looking for when it comes to Vero Beach area mortgage shopping, along with the right tips and advice for your individual situation, just call us and we'll direct you to a mortgage expert who can answer all of your questions for you.
When selling your Vero Beach home, there are a lot of things to think about and do, especially if it's your primary residence. Aside from all the normal things that go with moving, like packing, finding a mover, notifying everyone, etc., there are a lot of other details you need to devote your attention to.
Things to Consider Before Selling Your Vero Beach Home
Fixing Things – Before putting your house on the market or contacting an agent, you need to make sure your Vero Beach home is ready to sell. Repainting the house, fixing anything that's broken and replacing damaged fixtures inside and outside. Clean up and clear out clutter. Keep in mind that presentation is everything, so you need to get as much work and clearing out of clutter done before placing the property on the market.
Find an Agent – Make sure you hire a professional real estate agent to help you in selling your Vero Beach home. Someone who knows a lot when it comes to the delicate processes and legalities of selling your property. Whoever that person might be, make sure they have a proven track record. Since you will hire a professional for the job, expect there to be a lot of money involved. Real estate agents get a percentage of the selling price. That amount will be out of your pocket as soon as the process starts. Also, remember you will pay any sales taxes on the commission. Of course, you can always decide not to hire an agent to sell your property, but you need to prepare yourself to do all the legal work; and that could be very tricky if you don't know what you're doing.
Detach Yourself – It's easy to become emotionally involved in selling your Vero Beach home. This may even be at the top of the biggest challenges home sellers will face once they decide to sell. Once you make up your mind, know that it already becomes a commodity. People will be going in and out to check the property and you cannot get too emotional if they start criticizing your home. People may appreciate it or not, so be ready for those comments and take them constructively. You may or may not decide to make the improvements from those observations but don't let them get to you.
Consider Market Conditions – Don't be in a rush about selling your Vero Beach home. You need to study the market condition and see what options are available. Get someone who can give you an appraisal that's realistic and well documented according to market conditions. If you think your price is too high, you may want to consider selling at a lower price or offer. Whatever that price may be, make sure it's coming from a professional who's not ripping you off.
These are just a few of the things you need to consider when selling your Vero Beach home. For more tips on selling your Vero Beach home, check out our other articles and information at the Vero Beach Home Selling Tips link to your right under Vero Beach Real Estate Categories.
Summer means vacations and breaks for most of us, but Vero Beach scams never take a break, and some even get worse during summer months. Here are five Vero Beach scams that are common in the summer and steps you can take to avoid them, rather than opening up your wallet and giving to them.
Vero Beach Scams To Watch For
Home-Repair Scams. When the weather gets warm, homeowners are more likely to get a knock on the door from someone offering to do repair work at a low price. Usually, they'll claim they've done paving or roofing for someone else in the neighborhood and have extra materials they're willing to unload for cheap. These traveling repairmen typically aren't licensed and do shoddy work. When it comes to home improvement, you should always pick the contractor — don't let them pick you.
Rental Scams. With rental scams, con artists list properties that they don't own on Craigslist or other sites that don't vet posts. Then they take people's money and leave them without a place to stay. If the person listing a rental property will only communicate by e-mail, won't show you the property in advance or asks you to wire money, it's likely a scam.
Travel Scams. There are several travel-related scams, but two of the most common are free cruise and vacation rental scams. Victims of the cruise scam typically are contacted by phone, e-mail or text message and offered a free cruise that actually isn't free. People have to pay a variety of fees to book the cruise and, in the process, have to give up a lot of personal information — which is then sold. If you want to take a cruise, skip the free offers and call your travel agent instead.
Job scams. Vero Beach scams targeting job hunters pop up in the summer when many high school and college students are looking for temporary work. Many revolve around work-at-home jobs that are advertised on signs along the side of the road, in community papers, on Craigslist and on free online job-listing sites. Often the people or companies offering these opportunities will ask job seekers for a lot of personal information, including Social Security numbers, when they apply. Although employers do need this sort of information from new employees, they don't need it during the application process. Too often people are so eager to put themselves in the right light with a prospective employer that they walk right into a trap by providing information that can be used to steal their identities. To guard against job scams, do a search online using the company name or phone number and the word "scam" or "complaint." Also check with the Better Business Bureau to see if any complaints have been filed against the company.
Disaster Relief Scams. If a storm of any variety strikes, there's a good chance con artists will use it as an opportunity to take advantage of people. A variety of scams pop up after most major disasters. For example, after Superstorm Sandy hit the East Coast in 2012, fraudulent charities and relief efforts surfaced along with several other cons aimed at taking advantage of disaster victims. If this summer's storm season does result in disasters, don't give to charities that spring up to deal with them. Instead, check out CharityNavigator.org for a list of legitimate organizations that have experience providing disaster relief.
The Vero Beach housing recovery is continuing to move in a positive direction, but more work needs to be done to help the economy fully recover. The Obama administration said in its June housing scorecard, which is a comprehensive report on the nation's housing market prepared by U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury, that June's housing scorecard echoes the sentiments of the last two housing scorecards.
Positive Trends in the Vero Beach Housing Market
In May, the administration cited overall positive trends in the Vero Beach housing market, but cautioned that the harsh winter slowed growth overall across the country while the economy continues to recover from the Great Recession. In April, the administration also noted the tough winter as a challenge to the year's Vero Beach housing performance.
Even in areas not directly affected by winter weather, the overall nationwide economy and housing markets were affected.
According to June's scorecard, purchases of new homes surged 18.6% in May, indicating an improving market. New home sales rebounded to a seasonally adjusted annual rate of 504,000 in May, following sales of 425,000 in April. That's up 16.9% from one year ago.
In May, purchases of new homes rose by the biggest monthly gain in 22 years (since January 1992) and to the highest level since May 2008.
The scorecard also cited the rise in existing homes as a positive. Existing homes, which include single-family homes, townhomes, condos, and co-ops, sold at a seasonally adjusted annual rate of 4.89 million in May, which is up 4.9% from April. But that figure is still 5% below the 5.15 million pace of May 2013.
Although the Vero Beach housing market continues to improve, Treasury remains committed to helping homeowners who are still struggling to make their mortgage payments. The administration said that despite the encouraging news in the June scorecard, “there is a need to continue with recovery efforts to sustain home sales, help homeowners that are underwater, and reduce mortgage delinquency rates that remain elevated.”
Stay abreast of all the news affecting Vero Beach housing right here at our website. More articles regarding Vero Beach housing can be found in the Vero Beach Real Estate section, or the Vero Beach Real Estate News section, both to your right under Vero Beach Real Estate Categories.