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Should Buyers Do Work on a Property Before Closing?Should Buyers Do Work on a Property Before Closing?Should Buyers Do Work on a Property Before Closing? Let's say you're buying a home that's showing signs of wear. Maybe the interior could use a coat of paint and the floors need refinishing. Through your agent, you discover that the sellers are moving out early. If you could gain access to the property after the sellers leave you could... |
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Should Seller Hold Out for a Higher Price?: Determining Market Value is Not an Exact ScienceShould Seller Hold Out for a Higher Price?: Determining Market Value is Not an Exact ScienceShould Seller Hold Out for a Higher Price?: Determining Market Value is Not an Exact Science Recently a seller received offers from three different buyers. All of the offers were for more than the asking price. The seller still felt that the offers weren't high enough, so he decided to wait for a better offer. Another seller was presented.. |
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Tips for Hot-Market Buyers: How You Can Beat Out the CompetitionTips for Hot-Market Buyers: How You Can Beat Out the CompetitionTips for Hot-Market Buyers: How You Can Beat Out the Competition Last year was a record year for home sales. This year, home sales are expected to drop by 8.7 percent, according to the National Association of Realtors. Even so, sales should remain high enough to make 2000 the third best year ever. Going along with this booming housing... |
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What Are Closing Costs and Who Pays for Them?What Are Closing Costs and Who Pays for Them?What Are Closing Costs and Who Pays for Them? The various fees associated with buying or selling a home are called closing costs. Buyers and sellers both pay closing costs but who pays what costs varies from area to area. For example, in Los Angeles, sellers usually pay for title insurance. In San Francisco, it's customarily paid for by.. |
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What Are Garbage Fees?What Are Garbage Fees?What Are Garbage Fees? No one likes a last minute surprise, particularly homebuyers who are stretching their budget in order to buy. Yet homebuyers are all too often surprised at the end of the deal when they discover they must pay new, unanticipated fees. Federal law requires lenders and mortgage brokers to disclose fees that will be. |
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What Are the Consequences of Backing Out of a Deal?What Are the Consequences of Backing Out of a Deal?What Are the Consequences of Backing Out of a Deal? Occasionally sellers have a change of heart and won't go through with a sale. Sometimes buyers back out of a transaction at the last minute. Just how serious are the consequences when some one backs out of a real estate deal? The answer depends largely on the terms of the purchase... |
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What Are the Different Ways to Hold Title?What Are the Different Ways to Hold Title?What Are the Different Ways to Hold Title? The way you hold title to property depends a lot on whether you are buying alone or with others. If you are buying alone, and you are unmarried, you will probably take title as the sole owner. This is called ownership in severalty. Holding title in a living trust is becoming more common due to the... |
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What Are the Pitfalls of Working with an Out-of-Area Agent?What Are the Pitfalls of Working with an Out-of-Area Agent?What Are the Pitfalls of Working with an Out-of-Area Agent? Maybe you've been looking at open houses for months, but you haven't hooked up with an agent yet because you're not sure you're really going to follow through and buy a home.Then one Sunday afternoon you find a home that changes your motivational level-it has everything you'd... |
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