Welcome! Find Great Information About Asheboro Real Estate!
This site is filled with information and easy ways to contact me for one on one expert help and advice. I’ve summarized much of what is important about the Asheboro real estate market.
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Buying and selling a home is one of the biggest events in your life. As a top local real estate agent with many years of experience, I will represent you with the expertise and professionalism you are looking for.
Vickie Gallimore
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Home of the North Carolina Zoo  |
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Photography by Noel
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Here is a scenario for sellers to avoid. You contact a real estate agent to list your home and the agent suggests that you might get more for your house than comparable homes on the market. The agent assures you that it only takes finding one person who is willing to pay your price!
Some agents approach a listing appointment as if they are bidding for your home. The unfortunate result is that you start out with an unrealistic opinion of your home's value. There is often a strong temptation to work with a person who says what you want to hear. An experienced, reputable real estate agent will back up their opinion of your home's value with hard data. The agent should give you information about the listing price of homes that are currently on the market, and recent selling prices of similar properties in your immediate area.
Even the most heroic marketing efforts won't work on a property that is obviously overpriced, (except in the most exaggerated of seller's markets.) Even if you find a buyer who is willing to pay more than your home is worth, the sale could fall apart when the appraisal comes in lower than the agreed-upon price. Listen to everything, but be careful!
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What is a Balloon Mortgage?
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A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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