Your offer is a written proposal, designed to cover all aspects of the purchase agreement. Once accepted, it becomes a binding contract. The offer details the property’s address, sale price and closing date. It must include provisions for any required and requested inspections and clearly state all financial obligations regarding mortage, deposits and taxes. Call me, my job is to know the changing laws and requirements.
Before deciding on a house, first decide which area is most suitable for you. Consider the following: What is the crime rate? How important is traffic and proximity to schools, shopping and other activities? Have property value been increasing? Call me, my job is to know these important neighborhood characteristics.
Is a fixer-upper right for you? Good deals can be found, but make sure that it will not cost you more in the long run. A home inspection can help identify both major and minor problems. Work the repairs into a budget and create a timeline of how and when you want to complete them. Calculate additonal financing for problems found along the way. Call me, I can help you find the potential in less than perfect house.
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Finances may be tight, but don’t let your biggest investment take a hit. The U.S. Census Bureau estimates that improvements and maintenance normally cost about $3,300 a year for the average house. Prevent small problems from becoming big headaches by keeping up with regular maintenance. Call me for suggestions on low-cost, high-return improvement ideas.
The question of where or not a “fixture” stays is a common question for buyers and sellers. A fixture is any item of value that is permanently attached to the real estate. This includes things such as light fixtures, wall-to-wall carpeting, landscaping and so on. Kitchen appliances are not always included. Be safe by ensuring that any item in question is clearly described in the contract. Call me with your questions.
A clean house is more than clean, it tells a potential buyer that you have taken care of the house. Add a coat of fresh paint, patch the hole in the wall and clean every inch. Open up a room by removing the clutter. A buyer wants reassurance that the house has property maintained and that there are no hidden problems. Call me, I can help you bring out the best in your home.
