Selling Your Lake Havasu City Area Home?
Why use Derek Selman to represent you in the home selling process?
Experienced: I have years of real estate experience from new home builder sales to resale.
Connected: Full-time agent in the local real estate community with a vast network of buyers and sellers.
Service with Results: Step-by-step assistance, helping you sell your property for the highest possible price and under the best terms.
Knowledgeable: Expert area knowledge. Local resident realtor in Lake Havasu City
Getting Started
The first time we meet, we will discuss what your selling objectives are. This is a good time to ask questions, and I will give you an idea of what to expect during the selling process. We will discuss preliminary ideas for pricing and house preparations. I will provide you with a complete Comparative Marketing Analysis (CMA) for your property.
You're ready to Sell Your Home
Once you decide you are ready, I will review and sign a standard Listing Agreement. I will also complete all of the mandatory disclosure forms. I will arrange for any necessary inspections.
Preparing Home/Property
Before putting your home on the market, I want to ensure it is most attractive to potential buyers. Knowing how to showcase and accentuate the best features of your home, without incurring unnecessary expense, is at the core of what I do. I will provide you with a detailed Home Preparation Consultation and a Selling Tips Sheet. As we walk through your property, we will discuss minor repairs, curb appeal tips, staging, and making your property feel welcoming to potential buyers. If staging is necessary, I will share some options based on your property.
Determining List Price
Pricing your home competitively, at the start, will create more activity among brokers and buyers and lead to a more successful sale.
Establishing the value and list price for your property involves researching and comparing similar properties and weighing factors including location, condition, amenities, and market conditions. We will arrive at a competitive price aimed at generating strong buyer activity.
Marketing Your Home
Understanding where buyers come from allows me to market your property competitively. Creating excitement in the marketplace through consistent and aggressive marketing efforts and integrating online and offline efforts is key to a successful sale. My maximum exposure marketing plan includes: Comprehensive Internet marketing through our site, Realtor.com, Zillow.com, Trulia.com, Yahoo.com and dozens others.
Also, public open houses & brokers tours, yard signage, and property feature sheet; local newspaper ads; sales agent network; and customized property marketing. I will remain in constant communication with you and give you progress reports on showings and all activity.
Processing the Sale & Closing
The complexities of processing transactional documents will be made very easy for you through my continuous guidance and communication. I will review all offers and terms of each offer with you and negotiate on your behalf so that you obtain the highest possible price for your home while limiting your exposure and protecting your bests interests.
Once your home is in escrow I will prepare all seller required disclosures and reports, attend appraisal with recent comparables to support your purchase price, and make sure all contingencies and repair requests are removed in a timely manner per the contract. Communication between us is imperative and I can assure you that you will be informed every step of the way.
Close of Escrow
Congratulations, you have now sold your home! I will provide you with helpful moving hints and also be there to answer any questions. I am always available to help you should a question arise after the close of escrow and I want to ensure that you are 100% satisfied.
Steps to Buying a Lake Havasu Home
Step 1: Check Your Credit Report & Score
Before getting a mortgage or any kind of loan, you should always check your credit. According to the law, you're allowed to receive one free copy of your credit report per year. You can do this by visiting Annualcreditreport.com. Scores range from approximately 300 to 850; generally, the higher your score, the better loan you'll qualify for. Don't forget to check your report for errors. If there are any, dispute them. It may help your credit score. You can also check your credit score for free at www.creditkarma.com.
Step 2: Figure out How Much You Can Afford
You can calculate how much you can afford by starting online. There are several online mortgage calculators that will help you calculate an affordable monthly mortgage payment. Don't forget to factor in money you'll need for a down payment, closing costs, fees (such as fees for an attorney, appraisal, inspection, etc.) and the costs of remodeling or furniture. Remember that you don't always have to put down 20 percent as your parents once did. There are loans available with little to no down payment. An experienced home loan expert can help you understand all your loan options, closing costs and other fees.
Step 3: Find the Right Lender and Real Estate Agent
To find the right mortgage lender it’s best to shop around. Get recommendations from your friends and family and check with the Better Business Bureau. Talk to at least three or four mortgage lenders. Ask lots of questions and make sure they have answers that satisfy you. Make sure to find someone that you are comfortable with and who makes you feel at ease.
Once you have the right mortgage lender, make sure you at least get a pre-approval. Qualifications are only a guess based on what you tell the lender and are no guarantee, whereas a pre-approval will give you a better idea of how big a loan you qualify for. The lender will actually pull your credit and get more information about you. However, you could even take it one step further by getting an actual approval before you start home shopping. That way, when you're ready to make an offer, it will make the sale go much quicker. Besides, your offer will look more appealing than other buyers since your financing is guaranteed.
Step 4: Look for the Right Home
Make a list of the things you'll need to have in the house. Ask yourself how many bedrooms and bathrooms you'll need and get an idea of how much space you desire. How big do you want the kitchen to be? Do you need lots of closets and cabinet space? Do you need a big yard for your kids and/or pets to play in?
Once you've made a list of your must-have's, don't forget to think about the kind of neighborhood you want, types of schools in the area, the length of your commute to and from work, and the convenience of local shopping. Take into account your safety concerns as well as how good the rate of home appreciation is in the area.
Step 5: Make an Offer on the Home
Now that you've found the home you want, you have to make an offer. Most sellers price their homes a bit high, expecting that there will be some haggling involved. A decent place to start is about five percent below the asking price. You can also get a list from your real estate agent to find out how much comparable have sold for. Once you've made your offer, don't think it's final. The seller may make a counter-offer to which you can also counter-offer. But you don't want to go back and forth too much. Somewhere, you have to meet in the middle. Once you've agreed on a price, you'll make an earnest, which is money that goes in escrow to give the seller a sign of good faith.
Step 6: Get the Right Mortgage for Your Situation
There are many different types of mortgage programs out there, but as a first-time home buyer, you should be aware of the three basics: adjustable rate, fixed rate and interest-only.
Adjustable rate mortgages (ARMs) are short-term mortgages that offer an interest rate that is fixed for a short period of time, usually between one to seven years. After that, the interest rate can adjust every year up or down, depending on the market. These are good for people who don't plan on living in their home very long and/or are looking for a lower interest rate and payment.
Fixed-rate mortgages are more traditional and offer a fixed interest rate (and thus a fixed monthly payment) for a longer period of time, usually 15 or 30 years, though they're available in 20 or 25 year terms. These are good for people who like a predictable payment and plan on living in their home for a long time.
Both fixed and adjustable rate mortgages can have an interest-only payment. What this means is that for a certain amount of time during the loan term, you're allowed to pay only enough to cover the interest portion of your payment. You can still pay principal when you wish, but don't have to if your budget is tight. There is a myth that with interest-only mortgages, you don't build equity. This is not necessarily true, since you can build equity through home appreciation. The benefit to interest-only mortgages is that you increase your cash flow by not paying principal.
Remember to ask your mortgage lender or mortgage banker lots of questions about which mortgage is right for you and your situation.
Step 7: Close on Your Home
Make sure you get a home inspection before you close. It will be well-worth the money spent since it ensures the property's structural soundness and good condition.
Setting the closing date that is convenient to both parties may be tricky, but can certainly be done. Remember that you may have to wait until your rental agreement runs out and the seller may have to wait until they close on their new house.
Be sure you talk to your mortgage banker to understand all the costs that will be involved with the closing so there are no surprises. Closing costs will likely include (but are not limited to) your down payment, title fees, appraisal fees, attorney fees, inspection fees, and points you may have bought to buy down your interest rate.
Step 8: Move In!
You've got your mortgage, closed the deal and now it's time to move in! Whether you use a mover or not is up to you, depending on your financial situation and how much stuff you have to move; perhaps also, whether you have a lot of friends willing to help you move. Either way, you're done with the home buying process! Just start unpacking and start enjoying your first home! Buying a home for the first time doesn't have to be a hassle if you're prepared and you know what to do and when to do it. Choose an experienced home loan lender and a friendly, knowledgeable real estate agent-they are the key to helping you have a smooth home buying experience!
Your Top Lake Havasu Listing Real Estate Agents
We know Lake Havasu and all the developments better than any other agents in the area. Rely on our expertise to guide you through the entire home buying or selling journey — everything from pre-approvals, home searching, staging, negotiation, photography, pre-marketing, inspections, and much more. We are here to help you confidently and swiftly make the best decisions. Contact us today!
Recent Lake Havasu Homes for Sale
Welcome to 1841 Walnut Drive! If you are looking for a property with a spectacular LOCATION that is close to the Lake Havasu Golf Club, the lake, stores and restaurants, ...
- 3 Beds
- 3 Baths
- 1032172 MLS
Welcome to your dream home nestled in the heart of Lake Havasu City! This beautiful 3-bedroom, 2-bath residence offers an expansive 2,591 square feet of thoughtfully desi...
- 3 Beds
- 2 Baths
- 1032197 MLS
This is the Ideal Havasu Home! Enjoy endless Fun at this fantastic pool home, featuring a boat-deep 3-car garage and an impressive 14x81' covered side parking! The home o...
- 3 Beds
- 2 Baths
- 1032196 MLS
This immaculate home is priced extremely well and is located in a gated community, on the island in Lake Havasu. The location inside the community is even better, backing...
- 3 Beds
- 3 Baths
- 1032181 MLS
Rare Lake Havasu 4 bedroom, 3 bath home. Recently renovated with new tile flooring, new kitchen and bathrooms. This is a must see home ready for a new owner.
- 4 Beds
- 3 Baths
- 1032193 MLS
50 ft. deep, 26' 4' ft. wide unit with 20 ft. wide and 14 ft. high door., plus 3 ft. man door. Exterior walls, ceiling & door insulated. 50 Amp. independent service. Comm...
- 1032190 MLS
On leased land. Welcome to this cozy retreat in the sought after Sam's Beachcomber community. This 1 bedroom, 1 bath fully furnished retreat. Rebuilt deck in 2021 has uno...
- 1 Beds
- 1 Baths
- 1032188 MLS
Very nice and bright 3 bedroom, 2 bath, 2 car 27' deep garage home. Split bedroom floorplan, spacious rear kitchen, tile floors throughout, 8-10' wide side parking and ...
- 3 Beds
- 2 Baths
- 1032187 MLS
Welcome to 3620 Beechwood Dr. This beautiful two-bedroom, 3-bathroom SOLAR OWNED home was remodeled in 2019 - 2022. New AC was installed in 2022. In the kitchen you'll fi...
- 2 Beds
- 3 Baths
- 1032186 MLS
Experience the peace and tranquility of life on Arizona's only inhabited island in the gated community of Malibu. This 3 bedroom, 2 bedroom house is maintained like new a...
- 3 Beds
- 2 Baths
- 1032183 MLS
Welcome to your new sanctuary! This charming 3-bedroom, 2-bath home is designed for both comfort and convenience. This property boasts a split floor plan that ensures pri...
- 3 Beds
- 2 Baths
- 1032184 MLS
Beautiful Santa Fe-style custom LAKE VIEW home located on the coveted Lakeside of the Highway! This single-story property offers nearly 2,400 sq. ft. of living space with...
- 3 Beds
- 2 Baths
- 1032140 MLS
This stunning property offers everything you could wish for in a home. Enjoy picturesque landscapes and breathtaking views. Dive into relaxation in your sparkling pool & ...
- 4 Beds
- 4 Baths
- 1032179 MLS
TONS OF ROOM FOR ALL YOUR TOYS! .32 concreted lot. 2 separate driveways to each individual garage gives this house a huge advantage for investment. The main garage gives ...
- 2 Beds
- 2 Baths
- 1032178 MLS
Level to the street with spectacular views of the lake and golf course. Desirable neighborhood close to town.
- 1032177 MLS
No expense spared in this Top Quality Villa at the Gated Refuge Golf Course- 3 BDRM 3 BATH Home - BACKS TO OPEN GOLF COURSE VIEWS - 2 A/C units and opens to enormous G...
- 3 Beds
- 3 Baths
- 1032176 MLS
Beautifully landscaped home in a great neighborhood. Newer laminate flooring in the main areas, new carpet in bedrooms, newer paint inside and out with upgraded granite c...
- 3 Beds
- 2 Baths
- 1032175 MLS
This is a nice 2 bedroom, 2 bath house with a 2 car garage. The house was built in 1987 and has 1319 square feet. The lot is .25 acre and offers plenty of room for si...
- 2 Beds
- 2 Baths
- 1032174 MLS
Imagine a prime piece of real estate that's ready for you to build your dream home or investment property. This lot is ideally situated in a desirable neighborhood, offer...
- 1032171 MLS
Hard to find Li property, New price
- 1032170 MLS
Discover this location for your dream home in this northside neighborhood with newer homes. This expansive 12,000 sq ft lot, measuring 100 x 120, offers a panoramic front...
- 1032167 MLS
YES, I'm a GROUND FLOOR CORNER UNIT!! Situated in a well-maintained complex near downtown, this studio condo provides the perfect blend of convenience and comfort. Take a...
- 1 Baths
- 1032148 MLS
This spacious 1713 square foot home boasts two bedrooms, two bathrooms, and an additional flexible room ideal for a family room, den, or office. The primary bedroom is sp...
- 2 Beds
- 2 Baths
- 1032166 MLS
Riverbound Custom Storage & RV Park offers a boat load of amenities such as a general store, laundromat, pull-through wash station, propane and fuel station. Each RV Park...
- 1032165 MLS
Riverbound Custom Storage & RV Park offers a boat load of amenities such as a general store, laundromat, pull-through wash station, propane and fuel station. Each RV Park...
- 1032164 MLS
Luxurious. Exclusive. Unparalleled. Welcome to The Enclaves, positioned perfectly on the rim of the desert, offers luxurious and exclusive living at the highest level. Ta...
- 1032162 MLS
Luxurious. Exclusive. Unparalleled. Welcome to The Enclaves, positioned perfectly on the rim of the desert, offers luxurious and exclusive living at the highest level. Th...
- 1032161 MLS
Welcome to 2580 Anita Ave! This charming 1,960 square foot manufactured home has been beautifully updated and is MOVE-IN READY! Fresh interior paint, new vinyl flooring, ...
- 3 Beds
- 2 Baths
- 1032157 MLS
**Charming Move-In Ready 2 Bed, 2 Bath Home on your own land and no HOA - Perfect for Lake Lovers!** Welcome to your new home! This delightful 840 sq. ft. residence is re...
- 2 Beds
- 2 Baths
- 019607 MLS
**Charming Move-In Ready 2 Bed, 2 Bath Home on your own land and HOA - Perfect for Lake Lovers!** Welcome to your new home! This delightful 840 sq. ft. residence is ready...
- 2 Beds
- 2 Baths
- 1032145 MLS
Beautiful Santa Fe style home with solar power and newer A/C system for low utility bills. Enjoy lake and mountain views from front yard. Many upgrades; solid surface cou...
- 2 Beds
- 2 Baths
- 019602 MLS
Beautifully refreshed 3 bedroom/2 Bath home on the Northside of Lake Havasu. Perfect home for first time homebuyers or Winter retreat. New plank flooring and paint thro...
- 3 Beds
- 2 Baths
- 1032144 MLS
Grapes N Grains - Beer and Wine Bar with Series 7 Liquor License and Full Kitchen Located in downtown Lake Havasu City, Grapes N Grains is a beer and wine bar featurin...
- 1032143 MLS
**Leased Land** Owner Occupants Only, No Rentals, Cash Sale. Check out this cozy single-wide manufactured home in Valley Manor Park. This 2 bed, 2 bath home offers appro...
- 2 Beds
- 2 Baths
- 1032142 MLS
**Welcome to 1096 Thunderbolt Ave, Lake Havasu City!** This charming **2-bedroom, 2-bathroom** home is your perfect desert retreat and a Lake Havasu GEM. This beauti...
- 2 Beds
- 2 Baths
- 019584 MLS
Great corner lot location, Pool Home with Gated Side RV Parking and a BONUS 4th Bedroom/Craft room! 3 Car Boat deep garage with built in cabinets for all the extra storag...
- 4 Beds
- 2 Baths
- 019582 MLS
Welcome to your desert oasis! This stunning home offers a perfect blend of comfort and spaciousness, with a range of features that will captivate you. Enjoy breathtaking,...
- 3 Beds
- 3 Baths
- 1032136 MLS
One of a kind custom home w/level land to build more garages, a casita, swimming pool, pickle ball court, etc. Built in 2023 this 2,927 SQ.FT. custom home offers a gener...
- 3 Beds
- 4 Baths
- 1032134 MLS
Take a look at this SPACIOUS home with 5+ bedrooms, 4 bathrooms, 3191 square feet! Great covered front porch. The main level boasts a huge open family room and updated ki...
- 5 Beds
- 4 Baths
- 1032130 MLS
Discover your perfect winter retreat in this beautifully remodeled 2-bedroom, 2-bathroom home, where both bedrooms are spacious master suites. This gem boasts a 2-car gar...
- 2 Beds
- 2 Baths
- 1032133 MLS
Well Maintained Duplex, Beautiful Lake & Mountain Views From the Back Yards, Get 2 Homes For The Price of 1! Great Floorplans, Unit 2 Has a Fenced Yard, Long Term Renters...
- 1032132 MLS
Great Northside Location! Well Maintained Duplex, Very Large Lot, Get 2 Homes For The Price of 1! Great Floorplans, Nice Covered Patios Per Unit, Fenced Backyards, Lake &...
- 1032131 MLS
Great Southside Location! Well Maintained Duplex, Very Large Lot, Room For a Pool on 1 Unit, Get 2 Homes For The Price of 1! Great Floorplans, Nice Covered Patios Per Uni...
- 1032129 MLS
Great Southside Location! Get 2 Homes For The Price of 1! Great Floorplans, Nice Covered Patios Per Unit, Long Term Renters, 2 Bedroom 2 Baths, Laundry Hook Ups, Vaulted ...
- 1032128 MLS
This freshly remodeled and updated condo is a true gem, offering breathtaking mountain and lake views that will leave you in awe every single day. Step inside and be gree...
- 2 Beds
- 2 Baths
- 1032126 MLS
Unlock the potential of this exceptional light industrial vacant lot located on the highly trafficked Kiowa Blvd in Lake Havasu. This strategically positioned 0.53-acre p...
- 1032125 MLS
GOLF COURSE LIVING. Located on the fairway with beautiful green grass fairways on both sides of the condo. Enjoy the view of the lake and mountains. 1589 sq. ft. with 4 b...
- 4 Beds
- 2 Baths
- 1032124 MLS
Are you in search of a home with breathtaking sunset views? Look no further! This modern residence features a spacious living area that seamlessly connects to the kitchen...
- 3 Beds
- 2 Baths
- 1032119 MLS
Looking for a home that has it all? Look no further! Located on the coveted Island in Lake Havasu, this exquisite 3-bedroom, 3-bathroom residence seamlessly blends luxury...
- 3 Beds
- 3 Baths
- 1032122 MLS
Welcome to 1250 Palmas Dr! This exceptional home features stunning front lake views visible through expansive picture windows, offering picturesque scenes from the kitche...
- 3 Beds
- 2 Baths
- 1032120 MLS
Copyright 2024 WARDEX Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable, but not guaranteed. This data is provided by the Western Arizona REALTOR Data Exchange, Inc.