Tom Phelps

Tom Phelps

REALTOR® - Licensed in the state of Iowa

Languages Spoken:

  • English
  • 319-560-6606
  • 319-560-6606
  • 319-378-8767
  • 5408 Blairs Forest Way NE
    Cedar Rapids, IA 52402
Contact Me

Welcome to my website

Hello and thank you for visiting my website. I know that buying or selling a home is one of the most important things you will ever do and I want to help make that experience as smooth and successful as possible.

My extensive experience and expertise as REALTORS in the Cedar Rapids, Marion, Hiawatha and Robins real estate market will benefit you whether you are looking to buy or sell a home in the area.

Buying a home?  I will help you find the home of your dreams by taking the time to listen and understand your needs and desires. Once I know what you want, I will work tirelessly to find the right home for you, because no one should have to compromise when it comes to such a huge purchase.

Selling your home? My expertise in the Cedar Rapids, Marion, Hiawatha and Robins real estate market will help ensure that you get the best price for your property. My finely-tuned marketing program will make sure the right people see your home.

I hope that you find my website to be a great source of information and can visit often. Whether you are looking for homes for sale, moving resources, or even mortgage Information everything you need is right here.

I will always be available for personal service by phone or email, so feel free to contact me at 319-560-6606 or tomphelps@cbhrealty.com  with questions any time!

Sincerely,
Tom Phelps

Home Buyers Checklists

Buying a home is an exciting time in one's life. Making the smart move of choosing a REALTOR® is your first step to ensuring that your new home and community meets your needs. My services and experience range from financial aid to helping you find the home that best suits you and your family. For your convenience, I also provide listings by email. I pride myself on repeat business and hope you'll come to understand why.

As Your Agent, I Will:

  • Assure that you see all the properties in the area that meet your criteria.
  • Guide you through the entire home buying process, from finding homes to look at, to getting the best financing.
  • Make sure you don't pay too much for your new home and help you avoid costly mistakes.
  • Answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.

Before You Start Looking For Your New Home:

  • Check your credit rating. Straighten out any errors before its too late.
  • Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment.
  • Find a loan program that meets your needs and get pre-qualified (preferably pre-approved).
  • Choose a REALTOR® that you trust and who understands your needs.
  • Determine what neighborhood best matches your needs.
  • Identify important features you need your new home to have.

Closing Costs to Expect:

  • Lender fees include charges for loan processing, underwriting, preparation and establishing an escrow account.
  • Third-party fees include charges for insurance, title search, and other inspections such as termites.
  • Government fees include deed recording and state & local mortgage taxes.
  • Escrow and interest fees include homeowner's insurance, loan interest, real estate taxes, and occasionally private mortgage insurance.

Home Sellers Checklist

Selling your home shouldn't be a stressful ordeal. Making the smart move of choosing a REALTOR® is your first step to ensuring that your investment in your home pays off. My service and experience allows you to focus on your move while I manage your home sale from our initial consultation to the closing deal, and beyond. I pride myselve on repeat business and hope you'll come to understand why.

As Your Agent, I Will:

  • Complete a comparative market analysis that will compare your home's value to that of your neighbors.
  • Compile a comprehensive plan detailing all the efforts we will employ to sell your home, including Internet and local media.
  • Present your home to as many qualified buyers as possible getting your home maximum exposure.
  • Help you stage your home and generate curb appeal to ensure you get the highest price.
  • Assist with obtaining offers and help you in negotiating the best deal as smoothly as possible.
  • Help you find your next home and answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.

Recent Home Sales

What are homes selling for on your street? Use HomeRadar.com to find out what neighborhood homes are selling for, free of charge, or choose a more detailed analysis of the value of your home.

Getting the Highest Price for Your Home

Curb appeal is key and could make a difference whether people stop and take a flyer, or drive right by. Staging your home is important. Many buyers will stay in your home longer if it's staged appropriately. I can help with the staging of your home. 

Closing Costs to Expect:

  • Title insurance fees depend on the sales price of the home.
  • Broker's commission is a full-service fee and will cost anywhere between 5% to 7%.
  • Local property transfer tax, county transfer tax, state transfer tax, and state capital gains tax are the charges that you'll pay for the privilege of selling your home. Credit to the buyer of unpaid real estate taxes for the prior or current year are variable and depend on when you close and when your taxes are due.
  • FHA fees and costs are all fees are now negotiable between an FHA buyer and seller.
  • Home inspections fees are in some circumstances paid for by the seller and include pest, radon and other inspections.
  • Miscellaneous fees can accrue from correcting problems noticed during the home inspection.

Professional Background

Tom Phelps

  • Member - NAR - National Association of Realtors
  • Member - IAR - Iowa Association of Realtors
  • Member - CRAAR - Cedar Rapids Area Association of Realtors
  • Licensed in the state of Iowa
  • College - Mt. Mercy College - Bachelor of Science in Business
  • Retired Captain, Cedar Rapids Fire Department, 30 years

Designations

  • Realtor
  • Equal Housing Opportunity