Cash in your pocket and equity in your Thomasville Georgia home? If you’ve been thinking about making changes to your house but thought you couldn’t afford a remodel, it’s time to rethink the possibilities. The payback on renovations in cost versus higher home value, should you decide to sell your house later, can be better than you thought.

Reason #1: Lower bids from the contractors. The home renovation business is falling with the current housing market, leading to lower bids for the homeowner’s remodeling project. In addition, most contractors are willing to negotiate with you for a better price, leaving you with a beautiful remodel for an excellent price.

Reason #2: Higher number of contractors to choose from. Although homeowners are still making repairs and working on their houses, the number of bigger additions and fancy remodels is going down. More contractors are competing against each other for your project.

Reason #3: Lower financing costs. If you have good credit and a steady economic foundation, you can get lower financing costs. This, in turn, makes the project that much more affordable.

Reason #4: Lower cost of materials. Because the number of major remodels is dropping, the demand for materials (and thus the cost) is also dropping.

Reason #5: Less waiting time for a top-rated remodeling contractor. With a lower number of people wanting to remodel their Thomasville Georgia home, even top-rated professionals have a shorter waiting list.

Reason #6: Better service. With more competition, contractors are definitely giving “service with a smile.” Calls are being returned faster; jobs are starting on time (or before!).

If you looked into remodeling your Thomasville Georgia home more than a year ago, now is definitely the time to do something about it. However, even in this sweet time for remodeling, be aware of shady companies and shoddy work. Do your research before accepting any contractor.

Want more tips like this? Subscribe to the First Thomasville Realty blog. It's easy, fast and free.

If you are thinking about buying Thomasville GA real estate in the near future, there are three activities you should avoid. These are normal things we all do from time to time, but are unwise when contemplating a new mortgage application.

1. Change careers: This is different than just changing jobs. If you have recently gotten a new job in the same field, at the same or better pay, and your past history shows long, solid employment, all should be fine. Changing careers entirely is more of an issue. You have no history of steady employment and income in the new field. Since you're new to the field, you may be bringing in less income than in your previous career. That's why a recent career change makes your mortgage application less appealing to a loan officer.

2. Open new bank accounts: When you apply for a loan for Thomasville GA real estate you need to provide bank statements for several months. Although your money is still in your possession, moving it to new bank accounts generates a series of big withdrawals and deposits which gives an image of instability. If you have withdrawn large amounts of money and not redeposited it, that looks even worse. Even if you invested the money in something solid, you no longer have the cash and thus appear less solvent.

3. Buy Big Ticket Items: The reason for this is simple. When reviewing a loan application for Thomasville GA real estate one of the biggest things a lender takes into consideration is your debt-to-income ratio. Purchasing expensive items on credit can negatively impact your debt-to-income ratio. Wait until after you've closed on your home to buy new furniture or appliances.

Thinking of buying a home? First Thomasville Realty can help you get financing and buy the home of your dreams. Give us a call today at 229-226-6515 or email us at info@FTRealty.com .

Buying a Thomasville home can be a challenging process. Along the way you will experience a wide range of emotions. No matter how strongly you feel that you are alone, rest assured that most buyers feel the same way. Here’s a peek at what you can expect when…

1. Looking for a Thomasville home. Creating a wish list for a house that fits within your budget can cause the initial signs of stress. Once that list is created, a new panic may settle in as you wonder if you will find the right home for you within that budget. Expect this panic to increase as you look at more homes.

2. Presenting an offer. No one wants to be rejected, even if it’s about property. Remind yourself that it is perfectly normal to worry about getting an accepted offer and that the sellers are also experiencing a similar feeling of woe at this point. Both sides want the same thing: a signed contract.

3. Signing the contract. Once the contract is signed, a new panic may set in. You may wonder if you got a fair price or if you chose the right property for you. From this point until closing day, you will think about this decision and about all the changes before you. Moving means finding new stores and restaurants and new roads to work. This is called buyer’s remorse. Just remember, it’s a common phenomenon that you’ll get through it.

4. Closing. Once the papers are signed and the check has been turned over to the title company, a sense of finality takes over. You know that there is no turning back at this point and may still wonder if you made the right decision. Again this is perfectly normal and happens to almost everyone.

Don’t navigate the waters home buying on your own. Let us help you find the Thomasville home for you. Call First Thomasville Realty today at 229-226-6515 or email us at info@FTRealty.com