Thursday, September 13, 2018

Questions To Ask Before Buying A Home In A Hurricane Prone Area

Several homebuyers are drawn to the distinctive culture possessed by beach towns. But what if the beach town where you are considering buying a home you like is also a hurricane zone? Your home will definitely be at higher risk of getting seriously damaged. So how will you know if the property that’s located in a hurricane zone, is worth buying? Here are a few questions that you need to ask yourself.
How much will you pay for insurance?
Whether a hurricane hits or not, you have to pay for insurance. Insurance rates run the gamut. According to the numbers provided by the Insurance Information Institute, in 2012, Idaho had the lowest premiums at $528 while Florida had the highest at about $2,084 per year. What does this mean? Before you begin searching for a house, talk to an insurance agent first. Although it may seem as if you are doing this backward, meeting with an insurance agent will give you an estimate of the insurance cost you need to cover every year.
Should I Buy A Property On The Beach Or A Few Blocks Away?
The location of the property that you wish to purchase will have a significant impact on your risk and premiums, even if you go with a house that is located just a couple of miles inland. It will all be based on the flood hazard locations defined by the National Flood Insurance Program’s Flood Insurance Rate Map. The spots that were considered as Special Flood Hazard Areas are places with the highest risk. They have a minimum of 1 out of 4 chance of flooding throughout a 30-year mortgage.
Keep in mind that you do not need to be close to the water to be considered in a flood hazard area, like the communities in Oklahoma and central Texas. So if you are house hunting together with your Myrtle Beach real estate agent, you need to take into account where each property falls on the map and their flood zone designation.
What Kind Of House Should You Buy?
According to the experts from Full Potential Real Estate, the house type you wish to purchase will also make a big difference since there are a few homes that were made to specifically stand up against hurricanes. Some of these houses are dome-shaped, which lessens the wind damage, while a few are built on stilts to lower risks of flooding. These houses might also obtain a much better rating from your chosen insurance company.
Don’t forget to ask your real estate agent to show you all the houses that were designed to withstand wind and water or if you prefer a conventional home, be sure to hire a reputable home inspector who can help set realistic expectations regarding the home’s capability to withstand a hurricane before you make an offer.
You may have lower insurance costs if the house you wish to purchase was built to code and can stand up against any hurricane or storm. In case the house is not up to code, you need to work with a contractor who can make improvements on the property. However, don’t forget to calculate the costs before you make any commitment. In case the insurance savings are not bigger compared to the cost to remodel, then the house may not be worth it.
In Case Damages Do Not Happen, What Will Be My Deductible?
Regardless of where you live, your homeowner’s policy will cover hurricanes. However, these policies are different depending on your financial responsibility in case you need to file a claim that is hurricane related. Although you might not be able to get yourself out of a hurricane deductible, you can still manage to cut costs by shopping around. Insurance companies offer different costs so be sure to obtain a minimum of three estimates before you finally choose a carrier.
Should I Also Have Flood Insurance?
You need more than a regular homeowner’s insurance if you live in a coastal region. Generally speaking, damages associated with high powered winds of tropical storms and hurricanes are covered by homeowners insurance. However, it does not include one major problem, flooding. You need to keep yourself protected by getting a flood policy. It will be issued by the National Flood Insurance Program. The policy will cover property damages if the toppled levees, as well as the heavy rains, have caused flooding to your house. Ask the insurance agent to explain everything about your insurance in detail. Be sure to ask questions if there is anything that you do not understand. If you don’t want to have any regrets, be sure to get a flood insurance.

Call Full Potential Real Estate, LLC if you want to know more about homes located in hurricane zones. 

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577

Monday, August 13, 2018

Buyer’s Agent: Your Trusted Guide To Buying Your Dream Home

Are you prepared to go house hunting? You will be dealing with a lot of things like taking care of the paperwork, competing with other buyers, and dealing with other challenges that may come your way. So you need to be ready if you want to get your hands on the keys to the house of your dreams. The whole process can be stressful and quite complex and that is why hiring a professional can make a huge difference. You might have heard about listing agents, seller’s agents, buyer’s agents, and so on. You are a buyer so you need a buyer’s agent who can help you in every step of the way. Buyer’s agents can also save home buyers tons of cash and time as they go on their way to homeownership.

Why Hire A Buyer’s Agent?

A buyer’s agent Myrtle Beach can guide you all throughout the home purchasing transaction and they will address all of your concerns or questions. Hiring them offers other advantages like:

Finding the right property – after figuring out what clients are searching for and what their budget is, the agent will then set up an appointment to tour houses that fit their needs and preferences. The agent will also explain everything about the many different properties and neighborhoods to assist buyers to decide which house is the best for them by letting them know about the benefits and disadvantages of different options.

Negotiating the offer – the buyer’s agent will also inform their clients about the most suitable price to offer and present to the seller’s agent. The agent will then negotiate on behalf of their clients as well as write up the needed contracts. In this aspect, the experience of the buyer’s agent when it comes to negotiating deals can help save money and prevent buyers from coming across potentially expensive and irreversible mistakes.

Recommending other professionals – a buyer’s agent from Full Potential Real Estate will also refer clients to reputable real estate lawyers, mortgage brokers, movers, home inspectors, and so on. This could also be helpful when it comes to expediting every step of the home buying process and guide you through a successful home sell quickly.

Helping in overcoming setbacks – In case new issues are brought to life after a home inspection or an appraisal, your buyer’s agent will offer recommendations as to how you should proceed. The agent will also act as a buffer between the seller or the seller’s agent and you, the buyer. In case negotiations turn hostile, it is very helpful to have an experienced buyer’s agent who can stay calm and offer effective solutions.

If you wish to ease your way to homeownership, you need to have a good buyer’s agent. Hiring a bad one can easily turn your house hunting experience into a nightmare. Don’t just choose any buyer’s agent. You need to interview at least three buyer’s agent and don’t forget to ask questions. These questions include: What kind of neighborhoods they specialize? What are their availability and schedule? How long have you been in working in the real estate industry? These questions will help you choose a reliable and reputable buyer’s agent Myrtle Beach who can help you buy your dream home.

Call Full Potential Real Estate if you are looking for a good buyer’s agent.

Full Potential Real Estate, LLC
Myrtle Beach, SC 29577

Tuesday, June 21, 2016

What Smart Homeowners Look For In Myrtle Beach Homes For Sale

Myrtle Beach Homes For SaleWhen checking out Myrtle Beach homes for sale, there are certain things homebuyers are looking for. And although homeowners are different and they may have different tastes and needs, they are looking for different things and features in a home. On the other hand, if you are targeting a certain group of homebuyers, it will be easy for you to determine what they are looking for.

Generally, however, all homebuyers are looking for something special and eye catching in every home they visit. And these include the following:

Up-to-date kitchen

According to experts, the kitchen is often the first room that homebuyers want to look at when they visit Myrtle Beach homes for sale. And for many homebuyers, the kitchen is what makes or breaks their decision to buy the house. This is why, if you are planning to sell your home, you need to make the kitchen up-to-date. You can do this by repainting the walls and replacing worn out counters and cabinets. You should also consider replacing some of your kitchen equipment and appliances with ones that are sleeker and more modern.

A welcoming and relaxing first impression

Some homeowners will start assessing the house the minute they see it from inside their cars. Some do not even have to get out of the car to assess whether or not a house suits their needs and tastes. Considering this, you need to make sure that the house you are selling makes the right impression at first sight. And to do this, you could repaint your sidings, have your yard landscaped, or add plants on the front door.

Modern bathrooms

Aside from the kitchens, another room that homebuyers look at is the bathroom. Real estate professionals believe that most homebuyers do not only want a clean and sanitized bathroom. They also want a bathroom with modern features such as advanced sinks, vanity cabinets and toilets. You do not have to spend a lot of money on this. You can simply replace cabinet handles, towel bars, shower heads and faucets with ones that offer a more recent design. Other ideas that you might want to consider is an open floor plan and water-conserving fixtures for the bathroom.

Neutral colors

According to recent reports, Myrtle Beach homes for sale that have more neutral colors sell more quickly than those with bolder colors. The reason for this is because neutral colors cater to a wider range of homeowners. More specifically, it allows homeowners to be able to see or imagine how they will decorate the house. They will also be able to easily plan how they will decorate the room. Moreover, if they decide they want a different color fir their walls. They can just paint over the walls.

Aside from these, an important thing to remember when selling homes is that the house you are selling should be clean, neat and tidy. Organize your stuff and make sure there are less of your personal belongings on display. Need professional assistance looking for Myrtle Beach homes for sale? Call Cheryl Woodward now.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577


Monday, June 13, 2016

Preparing Myrtle Beach Homes For Sale Through Proper Staging

Myrtle Beach Homes For SaleAccording to many real estate experts, the best and easiest way to quickly sell Myrtle Beach homes is through proper staging. Aside from being able to sell quickly, proper staging also helps to improve the value of a home.

There are different ways of staging a home. Some requires you to spend money such as renovations and home improvements. Others, on the other hand, require your time and effort. Keep in mind that you do not have to spend a lot of money in staging the house that you are selling. Sometimes, you only need to do some cleaning and organizing. Simply rearranging the furniture and adding or removing decor can effectively stage your home.

Below are some staging tips that you can consider for your Myrtle Beach homes for sale.

1. Get rid of all the clutter. Clutter not only means the dirt inside the house. Clutter can also be your unused tools, the pile of mail and letters, all those extra utensils and other unnecessary items that no one is using. According to experts, one of the primary causes of clutter is having too much furniture. To get rid of clutter, you can start with reducing the furniture inside the house.

Start with the ones that you are no longer using. If you are having difficulty deciding which ones to remove, think of the things and items in the house that you can live without.  Remember that the primary goal of staging is to make the house look bigger and more spacious and you can do this by removing some of the items that you no longer use and need.

2. Repurpose furniture. You do not have to get rid of all extra furniture. Try placing them in a different room. For example, that extra armchair may cause the living room to look crowded but it could make your bedroom look more comfortable. Also, that old dining table can be repurposed to a writing desk or library table that you can place in your home office or study room. You can add lamps and other decorations on it so people will know its purpose.

3. Transform all space into useful rooms. If you have closets that are not being used and is only accumulating junk, dust and debris, it is time to transform it into a beautiful and useful space. Keep in mind that many home buyers will be looking at all spaces in the house, including that forgotten closet, the basement and inside the cabinets when they come in for a visit. Thus, transforming all spaces into useful rooms will help sellers better prepare their Myrtle Beach homes for sale.

First, clean the unused room and use your imagination on how best to use that room. For example, you can transform that unused closet into a mini library or a reading nook. Or you can also make it into an extension of the kids' room where they can stash their toys. The basement, if cleaned and decorated, can be transformed into various types of rooms: an entertainment room, yoga or workout studio or playroom. Really, all it takes is your imagination and creativity.

4. Ensure proper lighting. Do not forget that proper lighting is what makes a house look comfortable and welcoming. Thus, make sure that you have at least 100 watts of lighting for every 50 square feet of space in your home. Also, use more than one or two lighting fixtures in each room. Combining different types of lighting fixture, such as task lighting, ambient and accent lighting, will provide each room with more warm and inviting effect.

For more staging tips to help you sell Myrtle Beach homes for sale quickly and in a higher value, call Cheryl Woodward today.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577


Thursday, May 19, 2016

Common Real Estate Myths Every Buyer And Seller Should Know

Myrtle Beach Real Estate AgentAccording to industry experts, everyone makes a real estate investment at least once in their lifetime. Some even do it more than once while others actually make a living out of the industry. Regardless of how rarely or frequently some people make a housing investment, many think they know how the industry works. Most of their knowledge, however, is based on myths and hearsay.

These myths can cost you money. Thus, it is important that you know which are myths so you can do better when buying or selling a house. Below are some of the most common myths that many home buyers and sellers encounter.

A High Price For Myrtle Beach Real Estate Results in High Profit

What this will only do is that it will make your house sit on the listing for a longer period of time because Myrtle Beach real estate agents and buyers often pay little attention to houses that are priced above the average market value. As a result, you will be prompted to lower the value of the house, thinking this will bring in prospective home buyers. In reality, however, this will make buyers even more suspicious of the house that you are selling.

What you should do instead is conduct a comprehensive research of the current market value of other similar houses in the same area. Set your asking price in that range. And when you receive offers and proposals, negotiate the price so you will get the price that you want for your house.

Buyers Need To Pay For Myrtle Beach Real Estate Agents To Help Them Get The Best Deal


It is actually because of this many buyers opt to go through the entire home buying process without professional assistance. As a result, they end up wasting a lot of money and getting stressed along the way. Keep in mind, however, that when houses are listed with realty agents, the total sales commission is already included in the price. Thus, buyers no longer have to spend money to pay for the agent's services.

Selling a House On Your Own Will Save Money


While it is true that some home sellers are successfully able to sell their homes, they still need sufficient knowledge, skills and the right connections to expedite the process. If you are looking to sell your house quickly at the right price range, be sure to hire professionals. Cheryl Woodward with Full Potential Real Estate will help you sell your house without any difficulties, ensuring you a quick, efficient and legit process.

Doing High End Renovations Will Help You Sell Your House

Many home sellers opt to renovate their kitchen and bathroom before listing the house. It is true that this will indeed help increase the value of the house. On the other hand, you should consider whether or not you will be able to get back the money you spent in the renovations after you have sold the house. If you plan on doing these renovations, make sure you do not spend a lot of money on them and that they will indeed make the house sell quickly at a higher rate. Discuss your options with your real estate agent to ensure you are making the right decision.

Cheryl Woodward with Full Potential Real Estate is here to help you with your decisions. She can show you affordable houses in Myrtle Beach that will fit into your investment plan. Call Cheryl today and schedule a time to meet.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577



Thursday, May 12, 2016

Myrtle Beach Real Estate Investing – 5 Essential Tips To Be Successful

Myrtle Beach Real EstateHave you ever thought about investing in real estate in Myrtle Beach, SC and felt that it might not be for you?  The fact is, it is something which many people would like to get involved in. Even though it might seem to be quite easy to get involved, if you want to be successful you need to know what you are exactly doing.

In terms of becoming successful as an investor in this real estate game, listed here are five essential tips that will come in handy:

  1. Focus on a certain area

Saying that you are ready for purchasing a house in any area of the state is a huge mistake. You really need to concentrate on a specific area, mastering the particulars of that area before paying attention to the remaining parts of the state.

  1. Have a budget

Like most of the people who are relatively new to investing, it is imperative for you to pay lots of attention on the monetary details. It isn't really something you might be great at; however, with patience together with the right attitude you are going to soon end up being successful.

  1. Have a strategy

There's nothing worse than making an investment in Myrtle Beach real estate without a proper plan. This may lead to many issues, such as spending significantly more than you intend to or purchasing the wrong type of home. With the correct plan, you are doing the right thing for helping you avoid problems.

  1. Prepare yourself to adapt in the long run

If you're seriously interested in Myrtle Beach real estate investing, you need to be willing to change in the fly. As you may already know, the marketplace is often in a state of instability. Will you manage to improve your ways as the days go by? Or is it a fact that being obsessed with one particular way of doing things will make you hold yourself back from attaining success?

  1. Ensure that it stays as simple as possible

It isn't really something you may always be able to perform, nevertheless when it comes to buying Myrtle Beach real estate you need to give your best effort in order to “get to the level” and maintain your purchases as simple as you are able to.

Combined with these above-mentioned 5 tips, do not hesitate to acquire the assistance of those individuals who will help you to realize your objectives. For instance, you will require making some friends in the finance industry. This is definitely going to be very useful when you need a home loan. In addition to this, do not be shy about networking along with the other Myrtle Beach real estate investors. This might be a wonderful way to learn from those people who are performing what you are actually dreaming of.

You may also take the help of a real estate company or a real estate agent in Myrtle Beach. In fact, there are quite a few real estate agents in Myrtle Beach who deal with the real estate transactions.

You should be on your way to understanding what you ought to do next with this essential information on Myrtle Beach real estate investing. Sure, things are likely to show up as you go along between both you and success; however you need to continue forward.

Like the other things, the greater time you devote in Myrtle Beach real estate investing the more you are likely to learn. And in addition to this knowledge comes the capability to make great decisions that will benefit you in several ways in the long run.

Cheryl Woodward with Full Potential Real Estate is here to help you with your decisions. She can show you affordable houses in Myrtle Beach that will fit into your investment plan. Call Cheryl today and schedule a time to meet.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577



Saturday, May 7, 2016

Top Real Estate Mistakes

Real Estate Agent Myrtle BeachAside from not working with a real estate agent, there are other mistakes that most homebuyers commit when buying real estate. Unfortunately, these mistakes often cost a lot and cause homebuyers to waste money, time and effort. Keep in mind that a real estate investment is one of the biggest forms of investment an individual makes in his entire life. Thus, homebuyers cannot afford to make the following mistakes.

Not working with a Myrtle Beach real estate agent

The importance of working with a real estate professional when buying a house cannot be stressed enough. Despite what homebuyers do, the success of a real estate purchase depends greatly on the professional assistance provided by realty agents. Yes, it is true that some home buyers are better negotiators than real estate professionals, but it cannot be ignored that these professionals know the ins and outs of the real estate industry.

  • Real estate professionals know the most cost-efficient locations to buy a house.

  • They can obtain access to useful information about the neighborhood where homebuyers are looking to buy.

  • They know who to talk to in order to speed up the process of your mortgage loan application.

  • And they know how to persuade sellers and their agents.

There are a lot of things that realty professionals can do to help homebuyers purchase their dream homes without difficulty and financial stress. Those homebuyers who opt to work alone could buy their dream homes, but they will not likely have the luxury of buying it in the terms and budget that they are comfortable with.

Pursuing a house because of its décor

Keep in mind that the decorations inside the house are there to complement or highlight the layout, structure and style of the house; thus, effectively persuading homebuyers to buy the house. On the other hand, homebuyers should understand that decorations are not always included in the deal unless declared by the seller or owner of the house.

Relying home buying decisions in the décor and interior design of the house is never a good idea because these decorations can be replaced. And the design of the house can always be changed by the homeowner. Thus, homebuyers will be able to make better home buying decisions if they look at the current condition and overall layout and structure of the house.

Learning more about the neighborhood

Homebuyers should understand that they are not only buying a house when making a real estate investment. The neighborhood where the house they are looking to buy is located plays a huge role in ensuring their comfort and security while living in the house. This is especially true if homebuyers have kids. They would want their kids to live in a safe and peaceful neighborhood.

This is why it is extremely important for homebuyers to learn more about the neighborhood where they are buying before making a home buying decision. They should conduct research about the neighborhood and check to confirm whether everything they need is accessible, such as parks and entertainment centers for the kids, a good school and many others. Homebuyers can seek assistance from a real estate agent to obtain necessary information about the neighborhood.

Choosing an expensive house

Even if homebuyers have the money, they should hold off in buying the most expensive house in the neighborhood. This is especially true if they are looking to resell the house after several years. The primary reason for this is because the home values often change over time. An expensive house now may depreciate after several years. If looking to profit from a real estate investment, industry experts recommend buying an average house and making necessary improvements and repairs to increase its value.

Looking for a professional and experienced Myrtle Beach real estate agent to work with? Call Full Potential now.

Full Potential Real Estate, LLC

Myrtle Beach, SC 29577