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Archive for the ‘Sellers’ Category
Latent Defect vs. Material Fact
What is a Latent Defect? A latent defect is anything that the homeowner knows is a defect in the house. They are things that wouldn’t show in a simple inspection and if someone were walking through the house, they wouldn’t necessarily know of this defect or be able to see it. Mold, previous fires, issues with the foundation or any kind of leaks are prime examples of latent defects. It’s important to disclose these defects because they could threaten a person’s health or safety. What is a Material Fact? A material fact is anything about the property that could affect…
4 Things Your Agent Should Be Asking You When Selling Your Home
When you’re looking for the right real estate agent to sell your home, you shouldn’t be the only one asking questions. If your agent is truly trying to maximize your situation so that the outcome is the best for you, here are four questions they should be asking. What do you love the most about your house? As agents, we see potential in a home and we have our opinion on why perspective buyers would love to live there. Until we ask you, the current owner, we cannot see the whole picture. When you live in the home, you experience…
A Day in the Life of a Realtor
As a realtor, I wear many different hats. Every day is different and I love it! Most times when people find out that I’m a realtor, they say things to me like, “I love decorating houses,” or “Looking at houses is so much fun. I want to become a real estate agent, too.” While those can be fun parts of my business, it’s those very conversations that have inspired me to tell you about a typical day for an agent and share with you what being a realtor is really all about. In a nutshell, real estate agents assist people…
Knowledge is Power: How Much Does it Cost to Sell a Home?
As life goes, the things that were once a perfect fit, aren’t so perfect after a while. This goes for homes as well, and now, you’ve made the decision that it’s time to move on. So, you’ve been talking with your real estate agent and you’re thinking about your sale price. Remember that the amount you owe on your home subtracted from the price you sell your home for does not equal the amount you pocket. Here are some of the areas to consider when placing your home on the market and the costs associated with them. Initial walk through….
4 Reasons For Sale By Owner Is Not A Good Idea
You’ve researched your home’s property value, you’ve posted it for sale and in five weeks, you found a buyer. So, you get the house under contract and think you’ve done a great job by selling your house yourself. Uh oh! You just realized that you misunderstood the information you found pertaining to the value of your home and it’s actually worth $80,000 more than you’re selling it for. You panic and want to cancel the contract only to find that it will cost you $20,000 to cancel. Now you recognize that you were that homeowner who thought you had everything…
Are You Trendy?
Trends, trends and more trends! Everything seems to come in trends – food, fashion, hairstyles, and more. Homes aren’t any different. Right now, there are several things that we, as Realtors, see trending. Here are a few: Smaller homes More and more, we are seeing sellers downsizing and buyers buying smaller homes. It seems that people are less interested in having a big home with the big bills. Today’s buyers are much more conservative with their spending whether they are first time home buyers or not. Solar panels You can drive almost anywhere in this area and see solar panels….