by maria | Sep 12, 2016 | Exclusive QA |
A: You can reject, accept or counter any offer that is presented to you. Most offers include contingencies, which protect the buyer in case something goes wrong. The two most common contingencies deal with financing, which makes the sale dependent on the buyer’s...
by maria | Sep 12, 2016 | Exclusive QA |
Be patient, know your home’s worth, adopt a positive attitude and do not let emotions—anger, pride, greed or prejudice—get in the way of negotiating the best deal. Your home obviously means a lot to you, but you have already made the decision to move on, so begin to...
by maria | Sep 12, 2016 | Exclusive QA |
The following examples often qualify as “material facts” that must be revealed by sellers about their homes: Damage from wood-boring insects Mold or mildew in the home Leaks in the roof or foundation walls Amount of property taxes paid annually Problems...
by maria | Sep 12, 2016 | Exclusive QA |
Disclosure could protect you from a lawsuit. Today, home sellers in most states must now fill out a form disclosing material facts about their homes, and in some cases have to pay a fee if they don’t. Material facts are details about the home’s condition or legal...
by maria | Sep 12, 2016 | Exclusive QA |
Yes. A comparative market analysis and an appraisal are the two most common and reliable ways to determine a home’s value. Your agent can provide a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood...
by maria | Sep 12, 2016 | Exclusive QA |
The short answer: A home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller’s market when demand for housing is high but the inventory of available homes for sale is low. During this time,...