Real Estate Information

Supporting Life's Major Moves in Augusta

Carey Miller

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Have you ever wondered what your real estate agent does when she isn't showing you homes or listing your property.....stay tuned to see.....the "wishful" life of a real estate agent!

Listing Process--This is how it works!

by Carey Miller


Staging Checklist--Do these before you List!

by Carey Miller

You find a House, You write a contract, now WHAT?

by Carey Miller

Preschools in the Augusta Area

by Carey Miller

The Augusta area has many options for Mothers Day Out and Preschool Programs. It is best to check with each of them to see who will have the availability that best fits your needs, their start and end times vary as well as the days of the week their programs are open. Their annual registration periods are normally in the late winter to early spring and do fill up quickly.

Abilene Baptist Church

First Baptist of Augusta

First Baptist of Evans

First Baptist of North Augusta

Grace Baptist

Redeemer Presbyterian

Open Door Preschool

Trinity of the Hill Methodist Church

Wesley United Methodist Church

You have a Contract, now what?

by Carey Miller

Let the fun begin!

Sellers--You thought the hard part was preparing the house to list, finalizing the list price with the listing agent, enduring endless showings while you drove the kids and dogs around the neighborhood, and then negotiating the offer.

Buyers--You thought the hard part was looking at Zillow and real estate websites until you were blind, looking at tons of homes with your agent, and then negotiating the offer.

Now the sleepless nights begin.....everyone has work to do now.  This is also the period where there will be a lot of questions from both sides and patience is a necessity. The MAIN RULE THAT EVERYONE NEEDS TO REMEMBER IS---you are trying to buy or sell your home, that is the end goal, you don't have to like the other party, you don't have to agree with them, and you will at times need to separate your emotions from the transaction. I as your agent will help with that portion. I am here to represent you as my client, it doesn't matter if you are on the buying or selling side, it is important for your agent to always be professional and help their clients work through the transaction. There will be discussions on when repairs are to be completed by, what time should the closing be to satisfy everyone's schedules, where did the seller purchase item X, in case the buyer needs to buy a replacement or by additional material, and discussions on who and how repairs will be completed.

The Buyers need to:

  • Schedule inspections, attend inspections (if possible), and negotiate repairs with the seller.
  • Work with their lender to get them all the necessary paperwork
  • Set up Homeowners Insurance for the new house
  • Set up utilities for the new home, change addresses on bills, and etc.
  • Schedule movers

The Sellers need to:

  • Negotiate repairs with the seller, this may require calling several contractors to get quotes and then scheduling work to be completed (electrician, plumber, handyman, window company, flooring company, landscaper, and etc.)
  • In some cases schedule termite inspections or HVAC inspections
  • Scheduling utilities to be turned off,
  • Scheduling movers
  • Coordinate moving and doing any agreed upon items such as carpet cleaning or having the home professionally cleaned.

The steps of Buying or Selling:

  1. Get an agreed upon contract
  2. Get through the Due Diligence Period
  3. Get through the Appraisal and Lending Process 
  4. Repairs are completed and verified/agreed to by buyer
  5. CLOSING!!!

 

I have signed the contract, DO I HAVE TO BUY THE HOUSE NOW?

by Carey Miller

You are not contractually obligated to purchase the house (yet) in the state of Georgia, every state and every contract is written differently. The Georgia Association of Realtors contracts allow for the buyer to stipulate how many days of Due Diligence they have. Due Diligence is the defined by Webster’s Dictionary as:

  1. the care that a reasonable person exercises to avoid harm to other persons or their property
  2. research and analysis of a company or organization done in preparation for a business transaction (as a corporate merger or purchase of securities)

If there is not a due diligence period, the home is being sold “As Is”. During the Due Diligence Period, the buyer determines if they want to go forward with the purchase or if they choose to not proceed with the purchase. Most contracts have a 10-14 day Due Diligence period that allows the buyer to do all their inspections and research. But at the end of the due diligence period, the home is sold As-Is subject to the terms of the agreement. This means that during the Due Diligence period a buyer can do their inspections and based on any needed repairs identified, they can negotiate with the seller during the Due Diligence period for the repairs they would like the seller to complete prior to closing. All parties have to have signed off on the agreed repairs by the end of the Due Diligence period for the repairs to be included in the terms of the agreement. The seller has until closing to get the repairs done, but it is in everyone’s best interest for the repairs to be completed about a week prior to closing so that the buyer can complete a walk-through of the property and be assured that the repairs were completed to their satisfaction.

 

August Georgia Area Market Data for 2500 sq. ft. home

by Carey Miller

Do I need a Home Warranty or Homeowners Insurance

by Carey Miller

When buying a home so many acronyms and terms are thrown at you by your lender and your real estate agent. You are supposed to know what the terms mean to you and your home purchase and you are asked to make decisions if you want or need these things! You may ask....What is a home inspection, home warranty, homeowners insurance, title insurance, termite bonds, due diligence, earnest money....we will look at the difference today between a Home Warranty and Homeowners' Insurance.

A Home Warranty and a Homeowner's Insurance policy are two different things.

A Home Warranty is normally purchased for one year and protects the new homebuyer from unexpected repairs or replacement of major systems. You can think of it as a policy that pays to repair appliances, HVACS, and etc. if they break. The warranty can be purchased by the buyer or the seller.  The warranty can be renewed by the buyer after the first year if they choose to continue coverage.  It is normally an item that is negotiated in the contract for the seller to buy for the buyer. The buyer can purchase it after closing, but it can sometimes be more expensive than if it were bought as part of the closing process.We normally think of these items as being if the refrigerator quits working properly, the dryer won't heat, or the HVAC won't cool then the new buyer calls their home warranty company who will then tell them who to call. The buyer is responsible for the Trade Call Fee which is normally $75 to $100. You may opt to not have the seller pay for this, the coverage can range from $450 to $700, you may opt to negotiate a lower purchase price or ask for a refrigerator, a piece of furniture or something else that you would like the seller to provide instead, especially if the HVAC or appliances are relatively new.

A Homeowner's Insurance policy protects your house and the contents of your house. If you have a fire and your house is destroyed, your homeowner's insurance will pay for the house to be rebuilt and you will be compensated for the possessions you lost in the fire. If you have a mortgage, your mortgage company will not let you close on a house until you have homeowner's insurance.

 

 

Importance of Listing Paperwork--To all Involved Parties!

by Carey Miller

There really isn't that much paperwork when you list a house, but they are all important. In Georgia, you are asked to fill out the Sellers Disclosure, Community Association Disclosure, and an Exclusive Seller Listing Agreement. None of it is scary or overwhelming, but Sellers should make every effort to fill it all out correctly. Below is a summary of what a Seller is asked to fill out. 

Sellers Disclosure--This is a six page document in Georgia that the seller fills out and answers questions about their home such as the age of the roof, HVAC units, is the home under a termite bond, and etc. Sample Sellers Disclosure

Community Association Disclosure (if applicable)--The seller provides contact information for the homeowner association, the annual HOA fee, and explains what the annual HOA fee covers (for instance, is pool membership included in the HOA fee). Sample Community Assoc. Disclosure

Exclusive Seller Listing--This is the contract between the Listing Broker and the Seller stating that the Broker is representing the Seller in the sale of their house. This document outlines the commission that will be paid. Sample Exclusive Seller Listing Disclosure

View my Facebook page post for an article about a Tampa, FL family that is facing up to 20 years in prison for not disclosing that there home sat on top of a sink hole and sold the home to a family with five kids.

 

Displaying blog entries 1-10 of 28

Contact Information

Photo of Carey Miller Real Estate
Carey Miller
Blanchard and Calhoun
1202 Town Park Lane, Suite 201
Evans GA 30809
Mobile: 706-993-7321
Office: 706-868-1000