What is a Real Estate Review?
A real estate review is a property check-up on your investment. It gives you an opportunity to evaluate your current situation to make sure your investment is working for you. Knowledge is power and that power turns into options to make the most of your investment.
Who Should Schedule a Real Estate Review?
The typical real estate review would be for a current homeowner. Just like going for an annual exam with your doctor, this would be an annual check-up for your home.
It is important to keep a pulse on the current market situation, keep up with a strong list of vendors to help you maintain your property and protect your investment, and stay in the know of interest rates for possible refinancing or equity line options.
What is Done at a Real Estate Review?
The beauty of the review is that it is customizable to you and your property! Every property is unique in how it has been cared for, features that may have been added, and even how it is decorated. As your local real estate expert, I would be able to share current trends, marketability, how your equity is growing, resources for refinancing, remodeling resources, and so much more.
When Should I Schedule and How Often?
It is important to schedule a review when you are considering making big decisions or changes to the property, considering a move, or a refinance option. However, in order to keep up with the market changes and planning, I would recommend once a year to stay in touch with the local market. The media tends to share what is going on at a national level. However, be advised real estate is location specific. The local market many times is not reflective of the national market. Let your local real estate expert keep you informed.
Why Should I Schedule a Real Estate Review?
There are too many times homeowners do their homework on neighborhood values and pricing before they purchase or before they get ready to list their home, but then assume the market will take care of the rest. Being proactive in your understanding of the local market is key. While these practices at these times are important in the process, this may not be the only time knowing your property value and how your investment is working for you.
