Articles Tagged "Homebuying Tips"

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Auction | 1 Posts
Buy a House | 14 Posts
Central Kansas | 2 Posts
Commercial | 3 Posts
Explore Kansas | 2 Posts
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Sell a Home | 12 Posts
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Wichita, KS | 46 Posts
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February
27

Next Steps After an Offer - J.P. Weigand & Sons

They say patience is a virtue, but you aren't feeling very virtuous at the moment. You saved and shopped, finally found the home you wanted, made an offer, and still have to wait. The journey isn't over yet, but your destination is getting closer.

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February
23

When looking for commercial space, there are many factors that need to be taken into account in order to ensure you find the right property. Location, price point, and size are all important considerations when selecting a commercial space. To make sure you find the perfect fit, here are some of the things you should consider before signing a lease or making an offer.

  • LOCATION
    The location of your property is one of the most important aspects to consider when looking for commercial space. You want to make sure that it's easily accessible for customers and employees alike. This means taking into account traffic patterns and potential parking availability. Additionally, take a look at what other businesses are located within the area—this can give you an idea of how popular the area is amongst customers and how easy it will be for them to find your business.

  • PRICE POINT
    Another key consideration is price point. Be sure to factor in all associated costs such as taxes and fees prior to signing any paperwork or making an offer on a property. It's also important to consider what amenities are included in the lease agreement as this can impact your bottom line as well. Make sure you review all documents carefully before agreeing to anything so that you have a clear understanding of what is being offered and expected from both parties involved in the transaction.
     
  • SIZE
    Finally, size matters when it comes to choosing commercial space! You want to choose a space that can accommodate the needs of your business without feeling too cramped or too large for its purpose. Additionally, think about any potential expansion plans when assessing size requirements—you don't want to have to move again in just a few months once your business starts growing!

Finding commercial space can be an overwhelming process but by keeping these three considerations in mind—location, price point, and size—you'll be well on your way toward finding the perfect fit for your business needs! With careful planning and research, you'll be able to find a suitable property that meets all of your expectations in no time. Contact us to get in touch with an experienced and local commercial agent to help you find the perfect commercial space.

February
16

When it comes to selling commercial or residential property, auctions can be a great way to move a property quickly and efficiently. An auction is an accelerated method of sale that draws many potential buyers, generates competition, and increases the likelihood of getting the best price for your property. Before deciding whether an auction is the right choice for you, there are some signs that indicate you should consider doing an auction.

  • QUICK SALE
    The first sign is if you want to sell quickly. Auctions greatly expedite property sales due to their competitive nature; often times buyers are willing to bid more than they may have with other methods of sale in order to secure the property. If speed is your main goal, then an auction may be the best way to go about it.
     
  • MAXIMUM MARKET EXPOSURE
    A second sign is if you're looking for maximum market exposure. During auctions, properties often receive attention from national, regional, and local markets; this allows more buyers to participate in the bidding process and can draw top dollar for your property. With traditional sales methods, you miss out on reaching potential buyers who are outside of your immediate area; with an auction, however, anyone may potentially take part in the bidding regardless of their location.

  • MULTIPLE PROPERTIES
    Another indication that an auction might be right for your situation is if you have multiple properties or large parcels of land that could benefit from a collective sale. Auctions allow you to "package" multiple items into one lot and draw more interest than each individual item would receive through traditional means; this could also generate higher bids from investors with specific interests in certain types of properties or geographic areas. Additionally, when multiple properties are being sold at once during an auction, it reduces paperwork and administrative costs associated with separate purchases over time; this gives sellers greater returns on investment when done properly.

  • "STALE" LISTING
    Finally, you should consider doing an auction for commercial or residential properties if the listing has been on market for too long without any real buyer interest or offers coming through—sometimes called "stale" listings by real estate agents—as this could signal potential problems such as title defects or overpricing issues that need addressing before any type of sale takes place. An auction provides fresh energy and excitement around sales while allowing more flexibility with terms regarding inspections and financing which can help bring out buyers otherwise hesitant due to those concerns.

In conclusion, there are numerous indications that point toward doing an auction when selling commercial or residential properties such as needing a quick sale, wanting maximum market exposure for your listing(s), having multiple units/parcels available together rather than individually listed, or having stale inventory from longer-than-usual marketing periods without substantial offers coming through regularly. If even one of these conditions applies to you then it might be worth considering giving auctions a chance as they offer considerable advantages over traditional selling methods while helping to get the most value out of what's being sold quickly and effectively. With decades of experience in helping sellers and buyers reach their goals, J.P. Weigand & Sons, Inc. have all the tools in their toolbox to create a successful sales strategy. J.P. Weigand's team of auction experts will work with you every step of the way to help ensure maximum exposure and deliver the highest bidding prices available. Contact J.P. Weigand today at 316-292-3971 to leverage the power of a real estate auction and get your property sold quickly and efficiently.

September
12

Preparing for a Home Purchase - J.P. Weigand & Sons, Inc.

Buying your first home can be intimidating, and our real estate agents are happy to help you navigate the process. But some things deserve your attention before you consult with them to ensure your readiness to buy. Here are a few important steps that will help you shop with confidence. 

  • Don't Ignore Your Credit Score
    Many people operate under some serious misunderstandings about how credit scores are calculated. They have no idea what their score is and how much it affects their loan opportunities. You have more control over that number than you think. You can run your credit report once each year free of charge at Annual Credit Report.com.

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August
23

Hiring a Home Inspector - Buyers - J.P. Weigand & Sons, Inc.

Getting a home inspection is an important part of buying your home, as it lets you know of any potential problems and allows you to back out or renegotiate the contract if the issues are substantial. With so much riding on this step, however, you shouldn't hire just anyone to inspect your home. Here are seven important questions our real estate agents recommend asking your home inspector.

  1. What are your qualifications?
    Kansas does not require any licensing or certification to become a home inspector, so you'll need to do the footwork to ensure your inspector is qualified to do the job. Look for an inspector with certifications from a reputable source, such as the American Society of Home Inspectors (ASHI).

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June
27

Downsizing Tips - Buy a Home - J.P. Weigand & Sons, Inc.

Our real estate agents know there is no one-size-fits-all solution for seniors who wish to downsize their homes. Each homebuyer is unique in both needs and desires. Nonetheless, several elements are common to most shoppers. Here are a few key issues they have identified that may be important to you:

  • Maintenance
    Many senior citizens dream of escaping from chores like cleaning gutters and replacing worn plumbing. They want newer homes with less likelihood of significant ongoing repairs or remodeling.

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November
8

VA Loans in 2021 - J.P. Weigand & Sons, Inc.

In honor of Veterans Day, we would like to thank all military veterans for their service. Additionally, our real estate agents would like to share some important information about VA loans — or Veterans Affairs loans — for homebuyers. These mortgages are available to qualified U.S. veterans, active-duty military members, and some surviving military spouses. Here is some crucial information to consider when deciding whether a VA loan is right for you.

  • How VA Loans Work
    Banks and credit unions issue VA loans. However, they are insured by the U.S. Department of Veterans Affairs (VA). This means that if you, the buyer, stop making your mortgage payments, the VA will step in and reimburse the bank. This lowers the risk for the bank, which makes them willing to lend money to buyers who may not otherwise qualify for a conventional mortgage.

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September
13

Buying a Flipped House - J.P. Weigand & Sons, Inc.

Recent surges in property prices make it very tempting for homebuyers to jump at what appears to be a great deal. But is it really? How can potential buyers know whether they are jumping headlong into a money pit or making a great investment? There are some lovely older homes among Wichita homes for sale that may require careful inspection. Our real estate agents have some suggestions to help you decide.

  • Question everything
    Quick cosmetic changes can make a house look really attractive, which, of course, we all want. But a fresh coat of paint won't correct ailing plumbing or a deteriorated roof. Ignore the sales pitch and investigate the history of the house. The county assessor's office keeps records of the property owners. If the house has had multiple owners in the last year, you can bet it was purchased by a flipper who only made cosmetic changes.

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June
14

Competitive Housing Market - Buy a Home - J.P. Weigand & Sons, Inc.

Today's housing market is a wild ride for buyers!

Our real estate agents are committed to helping every client make informed decisions about their real estate options. Even though demand for housing has outstripped supply, buyers can still find plenty of attractive Wichita homes for sale. To succeed, however, they'll need to remove roadblocks on the way to a purchase.

Here are some of the best ways to prepare for today's competitive housing market:

  • Find a Real Estate Agent You Can Trust
    Virtually no sellers enter the market these days without a real estate agent. As a buyer, you also need insight from an expert who represents your interests. On average, you'll end up finding a home you want faster and paying less than you would if you tried to do it all on your own.

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