Hat tip to bode for sending this in, and noting the importance of #3! http://www.trulia.com/blog/mistakes-buyers-make-in-sellers-market/ The real estate market fluctuates often, making it tough to predict whether the market will favor buyers or sellers when it’s your...
The Red team reported that of the potential home buyers they surveyed, the biggest concern was competition from other buyers. There is an easy fix - work with a good agent who has experience with winning a bidding war.
The finer points about disclosures. An excerpt: When preparing the Transfer Disclosure Statement, the seller sets forth any property defects they know or suspect to exist. Defects to be disclosed in the TDS include any conditions known to the seller which might...
A few real-life occurrences this month - and it's only February! It happens regularly that out-of-staters will call me after arriving for a preliminary visit. They are respectful about being very early in the process, and really just want to drive around by themselves...
If you look at the recent averages of home sales, big discounts off list prices are rare – buyers are lucky to get 5% off.
With inventory scarce and buyers aplenty, there really shouldn't be any reason a house doesn't sell these days. Yet, they're not all selling. In 2009 and 2010, buyers couldn't go wrong - all you needed was guts. But as our market hits a maturing stage, the risks are...
Wonder what it is like being a home buyer these days? It takes more than just finding a suitable house:
Have you seen the remark, "Back on market, no fault of property"? Well then........whose fault was it? The agents. Somebody allowed the buyers and sellers to believe they had a deal. Rarely is it intentional - and almost always it's due to a condition that could have...
Thanks to daytrip for sending in this article: http://www.bloomberg.com/news/articles/2015-09-16/would-you-buy-this-house-sight-unseen- An excerpt: One in five Americans who bought a home in the past two years said they had made an offer on a home they had never...
We can talk, can't we? Houses that have been on the market for more than 60 days (which includes 507/1,079 = 47% of NSDCC active listings) missed the hot season. Buyers presume, "If it hasn't sold by now, something is wrong with the house, or the price." Some people...
