Finding a House for Sale in Suffolk, VA

Imagine you view an online listing for a stunning house for sale in Suffolk, VA. It is your perfect dream home! The home for sale is under 100,000. You and your spouse become excited because you have always wanted to live in Suffolk, VA. Real estate in the area is exceptional and CNN Money Magazine touts Suffolk as one of the top 100 small cities in the United States. The site says it is in a beautiful location and the economy is thriving. New homes in Suffolk are being built, there are excellent schools, vibrant arts community, and low crime—everything one could ask for. Then, after a few clicks around the site, you come to realize that the dream home was sold eight months earlier. Disappointment kicks in.  No dream house for sale in Suffolk, VA.

Unfortunately, there are companies similar to Zillow and Trulia that lead consumers astray through outdated listings and inaccurate information. It is essentially “click-bait,” meant to draw consumers into contacting an agent. They list a house for sale in Suffolk, VA. but the property has long been off the market. Fortunately, there is a better way! We are Simonhouses.com, the premier real estate website for real estate in Suffolk, VA. SimonHouses.com is an Internet marketing dominator with more than 200 cutting-edge websites and counting. Our consistent sales over the $100 million mark, affords us to safely boast of unmatched client satisfaction.  Whether you are a first time buyer looking at homes for sale under 100,000 or new homes in a recent developed area, Simonhouses.com will help you to find the perfect home.

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The Perfect Home for Sale Under 100,000

Finding the right home for sale under 100,000 can be a challenge, but with the right Suffolk real estate agent on your side, it is possible. In fact, finding the right Suffolk real estate agent will ensure that your needs are addressed and your search a productive one. The agents who work with SimonHouses.com know ins and outs of the Suffolk real estate market. Our agents are caring and professional, having spent years building relationships within the community. Because you are important to them, SimonHouses.com only offers the most accurate and up to date information to our agents. It gives them a leg up from the competition when finding our clients a house for sale in Suffolk, VA. SimonHouses.com has the right Suffolk real estate agent who will help you find a home for sale under 100,000.

If you can’t find a home you like searching Suffolk real estate listings, you may have to re-adjust your game plan. You should prioritize which feature you absolutely need in a home, compared to the things that you might simply want. There are likely things that you positively must have in a home for sale under 100,000 like a certain number of bedrooms and bathrooms. Then, there are items which would be nice, but are not likely at that price point. Remember, you don’t have to settle on a home that doesn’t make you happy, but you should remain fairly flexible when looking at Suffolk real estate, especially if you are looking for homes for sale under 100,000.

Build a Game Plan when Searching for a Home

SimonHouses.com suggests that before you begin your search for Suffolk real estate, it’s best to have a set plan. Part of that plan is getting pre-approved for a loan and to know specifically how much is in your budget. If your budget is in the price range of homes that are for sale under 100,000, make sure you stay with homes within your price range. While it is good to keep an open mind, having a game plan helps in not becoming sidetracked in your search for your next home.

Now that you have your financial plan; and your wish list, the next step of the process is to communicate with your agent. The agents who work with SimonHouses.com offer years of experience when brokering houses for sale in Suffolk, VA. Our desire is to serve you, and communicating your needs enables the agent to find the right fit. It is important that you are clear with the agent so that they may whittle down the number of homes to only those that fit that your criteria. After fully assessing your plan, one of our agents will begin the exciting process of finding the right new home for you.

The Importance of Comparison Properties

Whether you are thinking of buying a house for sale in Suffolk, VA or a newer home in one of the surrounding areas, you will need to pay attention to the value of the comparison properties. When viewing houses for sale in Suffolk, VA., you may here one our agents use the term “comps” when describing a neighborhood. This is a real estate term referring to comparison properties which are used as indicators of fair market value. The housing market, for Suffolk real estate is like any other; it is governed by the rule of supply and demand. When there is a low inventory of homes and the demand is large, then prices rise. If the inventory is high, yet the demand is low, then the prices drop. This is the same with new homes in other areas as well.

This market flux is what may cause homes for sale which were under 100,000 to become overpriced. For example, you look at a house for sale in Suffolk, VA, which has recently come on the market, yet the price does not match other comparable homes in the area. It seems that the asking price is higher than other Suffolk real estate in the area. You immediately might think that the listing is overpriced. Your instincts would be as correct. So, why would a home be overpriced? For example, let’s say a seller recently renovates the kitchen and some minor landscaping on their home and then decides to list their house for sale in Suffolk, VA at an initially higher starting price of 155,000. Unexpectedly, their home sold quicker than they thought it would.

For the seller, this is great news but for the prospective buyer, this can pose a problem. Now, as a result, other owners of Suffolk real estate may want to sell their house for higher as well. This results in potentially overpriced homes. Now you might see several houses for sale in Suffolk, VA at a higher price.

Fortunately the agents who work with SimonHouses.com are reputable and will advise you if a house for sale in Suffolk, VA is overpriced. The agent will look up sales within the past three to six months in the Suffolk, VA area. A house for sale in the same neighborhood should be comparable to the subject property the buyer has their eyes on. They will look for other Suffolk real estate as close as possible in the neighborhood. If there have been no sales within that period or that direct neighborhood, they will go back further or extend the area. Ultimately, your agent will determine whether a price is at fair market value, before they make an offer.

The Importance of Accurate Information

The agents who work with SimonHouses.com will search for comparable Suffolk real estate sales using Multiple Listing Service (MLS) sales data which has the most current and the accurate information. Here are some of the determining factors an agent looks for:

• Size
• Location
• Upgrades
• Amenities (pool, parking, etc.)
• A comparison between sold properties and the subject property

After making those comparisons, the agent may adjust the asking price of the comparable property according to the plusses and minuses of those homes compared with the subject property. The reason for this would be to make an offer on the subject property that is closer to fair market value. For instance, if the comparable property has a swimming pool and the subject property, the house for sale in Suffolk, VA doesn't then the agent will come in at a lower asking price. The agent will also check for extenuating circumstances when researching comparable Suffolk real estate sales such as a short sale or foreclosure which are ;hardship sales and unfairly skew the prices.

SimonHouses.com wants to ensure that our clients receive the best fair market price for the home they desire. When comparing a house for sale in Suffolk, VA, the agent will not take into consideration current listings in the area of the subject property. They only look at comparable sales of Suffolk real estate. The listing price is an asking price, not the actual sale price. When looking at homes for sale that have a fair market value which are under 100,000 dollars, it is important to consider all the comps so that the client does not pay more than they should. With a savvy agent from SimonHouses.com on your side who knows the Suffolk real estate market, you will be in good hands.

The Benefit of Having a Real Estate Agent

Business entrepreneur Brian Tracy once said, The smartest business decision you can make is to hire qualified people. The great thing about buying a house for sale in Suffolk, VA is that you don't need to know everything about the real estate market because SimonHouses.com has a team of real professionals who do. Ouragents take the spam out of visits by showing you only homes that are the right fit. If you are looking at homes for sale that are under 100,000, our agents will guide you in that direction. If you're a buyer of new homes in a particular area, our agents will provide details regarding the housing development filling you in on its pluses and minuses. We offer intimate knowledge of Suffolk real estate and know where to find the industry buzz about your desired neighborhood.

In today's age of information, we recognize that our clients are inundated with outlets to gather information on homes for sale under 100,000. Simonhouse.com ensures that our innovative website is an accurate, relevant, and essential resource for you, the home buyer. Suffolk Real Estate has many desirable properties for the current buyer and it is important that choosing the right home is made as smooth and as efficient as possible. We take pride in serving the Hampton Roads, VA area and we can guide you through any real estate experience, whether you are buying your first home or relocating to or from the area, or putting your house on the market to sell it. SimonHouses.com values you and your family. There is a home that is right for you and your family. After viewing the site, set up an appointment with one of our agents and let them answer all your questions about what you need in a house for sale in Suffolk, VA.