Saturday, April 27, 2019 / by Connie Tracy
During the home-buying process, you will collaborate with and speak with your real estate agent more than any other party involved. This person will be your right hand, support system, and, in some cases, your eyes and ears. Most importantly, they will be the expert throughout the home search or home selling process. Find an agent that fits your needs and they'll work for you to find the ideal home at the price point you can afford.
Not every agent is the same. Take a look at their history of homes sold in the past 6 months to a year. If they have just a few, then you know that this not their number one priority. They may work another job, which may not be in the best interest for you.
There are typically two agents involved in a transaction. The agents are the buyer's agent who represents the buyer and buyer only. There is also the seller's agent who represents the seller and their property. Both agents work on a commission averaging 3% for each agent. This cos ...
Thursday, March 14, 2019 / by Elizabeth Sorensen
Picture yourself out for a drive one weekend. You see a sign that says:
New Construction Homes!
Models Starting At $XXX,XXX
Maybe you’re actively looking for a house, or maybe it’s just a spur of the moment urge, but you follow the signs to the model home.
You walk into the model home.
The builder’s sales rep asks you to please sign in.
You sign in.
Ouch. You may have just made a costly mistake…
"It’s Not Like I’m Buying One…"
Most people don’t think twice about signing in when they visit a model home. They figure, what’s the harm? It isn’t like I’m signing something to actually buy one. I just want to take a look, and it’s not like they’re asking me to sign my life away.
But sometimes you do end up buying one.
You get the bug. You fall in love. You picture yourself in this lifestyle. Next thing you know, you’re making an offer on the spot.
Or, maybe you leave ...
Wednesday, March 6, 2019 / by Dixie Simon
Contracts – For Sale of Real Estate
As the seller of home and property, there will be two sets of paperwork. 1st you will have listing documents that you sign with your agreement with the Realtor and Broker, Disclosure Statements, etc.
We are going to visit briefly about the Purchase and Sale agreement. There are basically three stages to the conventional transfer of real estate ownership.
First: The negotiating period is just that. Buyers and Sellers offer and counter-offer to agree to the property transfer terms that will appear in the contract. The buyer offers to buy an identified property and the seller agrees to sell under the terms and conditions they have negotiated and mutually agreed to. This becomes what is called a Signed Around Contract or reaching Mutual Agreement. Both parties have signed. There is mutual acceptance to the terms of the offer.
Second: When we have reached mutual agreement, the offer becomes a legal and binding contract an ...