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About Me
Professionalism, excellence, and results are all things to which I am commited. It has been wonderful living in the Charleston area for over 18 years. Moving here from Virginia in 1989 ( the month before Hurricane Hugo!) was so exciting and I love to share that excitement and all that the Low Country has to offer with my clients. My goal is to give you the tools necessary for you to make your best decision about real estate here in Charleston. I have a BS in Nursing from Radford University and loved working in Cardiac Care. I am blessed with a wonderful husband of 23 years and we have three great sons now 21, 18 and 15 years of age. Our oldest son is currently serving in the United States Marine Corps, so I am proud to say that I am a Marine Mom. I was a stay-at-home mom for many years and decided to go into real estate about 4 years ago. We've moved 5 times in the 18 years we've lived here and I have to say that real estate has always been a passion for me. Whether you're relocating to the area or have been here a while, I would love to help you buy the perfect property for you. I am an Accredited Buyer's Representative (ABR) and look forward to putting my expertise to work for you!
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Marcia Wray's Answers (24)
Marcia Wray answered:
Hi Danielle,
First, I want to thank you for your service to our great country. My son is a Marine and I understand the sacrifices that you make day in and day out.
You are not too young to buy and you seem very aware of some of the necessary pieces of buying a home. I would recommend that you sit down with a mortgage lender and explore your options. They will be able to tell you what kind of mortgage programs are available and which ones you might qualify for. It might be worthwhile to talk to a couple of lenders - the bank you currently deal with is a good place to start. If your credit score ends up being a problem, ask them what you can do to boost your credit score. Don't be afraid to ask lots of questions. The more you know, the better prepared you'll be. When the time comes, I would recommend that you work with a Buyer's Agent to represent you and your interests in any real estate transaction. In most cases, Buyer's Agents are paid out of the seller's proceeds when the house closes, so you do not have to pay them out-of- pocket. Let me know if you have any other questions. I wish you the very best!
Marcia
First, I want to thank you for your service to our great country. My son is a Marine and I understand the sacrifices that you make day in and day out.
You are not too young to buy and you seem very aware of some of the necessary pieces of buying a home. I would recommend that you sit down with a mortgage lender and explore your options. They will be able to tell you what kind of mortgage programs are available and which ones you might qualify for. It might be worthwhile to talk to a couple of lenders - the bank you currently deal with is a good place to start. If your credit score ends up being a problem, ask them what you can do to boost your credit score. Don't be afraid to ask lots of questions. The more you know, the better prepared you'll be. When the time comes, I would recommend that you work with a Buyer's Agent to represent you and your interests in any real estate transaction. In most cases, Buyer's Agents are paid out of the seller's proceeds when the house closes, so you do not have to pay them out-of- pocket. Let me know if you have any other questions. I wish you the very best!
Marcia
Marcia Wray answered:
Christina,
If the sellers did not know, then the seller's real estate agent could not know unless she was privy to a septic inspection previously. A buyer has the option/responsibility to conduct any and all inspections of a property they choose to buy. Inspection results are usually shared with the selling agent and the seller, if necessary. How did this information become apparent at the closing, but not before? Usually, a closing is contingent on satisfactory inspections. Not sure how it got that far with no one knowing. Hope it all works out.
- Marcia -
If the sellers did not know, then the seller's real estate agent could not know unless she was privy to a septic inspection previously. A buyer has the option/responsibility to conduct any and all inspections of a property they choose to buy. Inspection results are usually shared with the selling agent and the seller, if necessary. How did this information become apparent at the closing, but not before? Usually, a closing is contingent on satisfactory inspections. Not sure how it got that far with no one knowing. Hope it all works out.
- Marcia -
Marcia Wray answered:
Dear Sm,
I would always recommend going through an agent whether buying or selling so that you have your own representation. If you are buying a FSBO, it is important for you to have buyer representation. Think of a real estate agent as your personal resource for issues relating to the purchase. You want to pay the right price, get the best inspection, and have a smooth closing, to mention just a few things a buyer's agent can help you with. The agent's commission can be paid by the seller or by the buyer, but in most cases the seller pays the agent at the closing. How the agent is paid should be determined ahead of time, so make sure you ask that question. Agents do not mind that question at all, so don't be afraid to ask. The agent can contact the FSBO to ask if they will pay a commission/fee to a buyer's agent. Many FSBO are willing to pay a commission if the agent has a buyer.
- Marcia -
I would always recommend going through an agent whether buying or selling so that you have your own representation. If you are buying a FSBO, it is important for you to have buyer representation. Think of a real estate agent as your personal resource for issues relating to the purchase. You want to pay the right price, get the best inspection, and have a smooth closing, to mention just a few things a buyer's agent can help you with. The agent's commission can be paid by the seller or by the buyer, but in most cases the seller pays the agent at the closing. How the agent is paid should be determined ahead of time, so make sure you ask that question. Agents do not mind that question at all, so don't be afraid to ask. The agent can contact the FSBO to ask if they will pay a commission/fee to a buyer's agent. Many FSBO are willing to pay a commission if the agent has a buyer.
- Marcia -
Marcia Wray answered:
Ellen,
I don't know of any websites, etc. that will tell you this information. Realtors can access sales records through local MLS statistics. The best thing to do is interview several realtors and compare their sales records if that is the most important thing to you. It sounds as if you want to sell something quickly so you might want to ask about how an agent will advertise your property - real estate book, newspaper, internet, flyers, etc. and how they will price your home. In this buyer's market (for most areas), pricing and advertising are key. If an agent knows the market, listens to your needs, communicates well, and has a good plan to market your home then they will do a good job for you regardless of sales record.
- Marcia -
I don't know of any websites, etc. that will tell you this information. Realtors can access sales records through local MLS statistics. The best thing to do is interview several realtors and compare their sales records if that is the most important thing to you. It sounds as if you want to sell something quickly so you might want to ask about how an agent will advertise your property - real estate book, newspaper, internet, flyers, etc. and how they will price your home. In this buyer's market (for most areas), pricing and advertising are key. If an agent knows the market, listens to your needs, communicates well, and has a good plan to market your home then they will do a good job for you regardless of sales record.
- Marcia -
Marcia Wray answered:
Hi Barbara & Joe,
This same thing is happening to a lot of people. Personally, it happened to me with an investment property. The basic choices are: to sell for a loss or hang on until things improve. Consult with your financial advisor to see which is best for you. Just as an aside, if you don't have a realtor, it might help to have the advice of a realtor as to some other reasons your home might not be selling. Maybe there are other things you could do to make your home more desirable to buyers such as staging, upgrades, buyer incentives, etc. We all hope that the projections are correct that resales start to improve by the fall of this year. I wish you the very best.
- Marcia -
This same thing is happening to a lot of people. Personally, it happened to me with an investment property. The basic choices are: to sell for a loss or hang on until things improve. Consult with your financial advisor to see which is best for you. Just as an aside, if you don't have a realtor, it might help to have the advice of a realtor as to some other reasons your home might not be selling. Maybe there are other things you could do to make your home more desirable to buyers such as staging, upgrades, buyer incentives, etc. We all hope that the projections are correct that resales start to improve by the fall of this year. I wish you the very best.
- Marcia -
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