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Realtor in Montrose, CA, Sees Pre-Listing Inspections Become Essential Tool as Home Inspection Issues Drive 70% of Deal Failures

Montrose, CA -- A growing trend in real estate is prompting savvy sellers to conduct pre-listing inspections before putting their homes on the market. With inspection-related issues accounting for a significant portion of failed transactions, proactive sellers are gaining a competitive advantage by identifying and addressing potential problems before buyers discover them. Vic Markarian, an experienced  Realtor agent in Montrose, CA , has witnessed firsthand how inspection surprises can derail deals and drastically reduce a seller's net proceeds. "Sellers need to be extremely careful about their home inspection processes and appraisals," Vic explains. "An unexpected issue discovered during a buyer's inspection can reduce the home price drastically, and the seller's net profit after all expenses can end up very low. Pre-listing inspections give sellers control over the narrative and time to make strategic repairs." “Most of the time, the home inspection be...

Things to do in Montrose, CA - Part 27

Montrose Library

Top Real Estate Agent in Montrose, CA, Reports Growing Number of First-Time Buyers Successfully Purchasing Homes Despite Student Loan Debt

Montrose, CA -- Student loan debt no longer has to be a barrier to homeownership. The Vic Markarian Realty Group is seeing a significant increase in first-time buyers successfully purchasing homes despite carrying substantial student loans, thanks to strategic planning and expert guidance that helps buyers navigate today's lending landscape. With over three decades of experience helping renters become homeowners, Vic Markarian, a respected  Realtor agent in Montrose, CA , has developed proven strategies to help buyers overcome financial obstacles. "We've worked with countless first-time buyers who thought student loans disqualified them from homeownership," Vic explains. "The truth is, with the right approach and proper debt-to-income calculations, many buyers discover they're in a better position than they realized." Markarian notes that today’s buyers often underestimate how powerful long-term homeownership can be—even when interest rates feel high. “W...

Things to do in Montrose, CA - Part 26

Spa Pura

Real Estate Listing Agent in Montrose, CA, Advises Clients That Waiting for Lower Mortgage Rates Could Cost Thousands More in Rising Home Prices

Montrose, CA -- As some prospective homebuyers across California still wait for mortgage rates to decline before entering the market, they may be overlooking a crucial factor: rising home prices could ultimately cost them far more than current interest rates. Market data shows that home values continue to appreciate, and delaying a purchase to wait for better rates could result in buyers paying tens of thousands more for the same property just months later. Vic Markarian, a seasoned  real estate agent in Montrose, CA , emphasizes the importance of looking at the complete financial picture. "Many buyers focus solely on interest rates, but they're missing the bigger story," says Vic Markarian. "When you factor in home appreciation, waiting for rates to drop by half a percent while prices climb five to ten percent doesn't make financial sense. You can refinance a rate, but you can't refinance the purchase price." Markarian speaks from experience. “When I pu...

Things to do in Montrose, CA - Part 25

Montrose Farmers Market