Thursday, September 29, 2005

Get finances in order before looking for home

According to the Auburn Journal, an important early step in purchasing a home is to obtain a lender's "pre-qualification" for financing. Buyers will then know how much home they can afford before stepping foot into an open house. Another step to take before buyers talk to the lender about pre-approval is to get copies of their credit report and review them thoroughly. The article recommends homebuyers to get a copy of their credit report a couple months before they start looking at homes. Buyers need to verify thoroughly that the debts are correct and belong to them. Buyers will be amazed to see how many doors are opened for them with a clean credit report. [ Auburn Journal, September 16, 2005]

Wednesday, September 28, 2005

Didn't this house come with a washer & dryer?

The contract to purchase a home needs to say what stays and what goes. In this article from The Washington Times, attached items in a house are, indeed, personal property. Although they can be removed, they generally go along with the sale of the house to the purchaser. This property is defined as “chattel”, an item of personal property which is movable. As the purchaser fills out the contract, the buyer agent will check off the items seen in the house. The seller should check over this list very carefully, in order to make sure they agree with what the buyer believes he's getting with the house. The biggest thing about chattel is that everyone needs to know what's staying and what's being removed. [M. Anthony Carr, The Washington Times, September 16, 2005]

Saturday, September 24, 2005

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Classic Cape Cod with 3 bedrooms, 2 full baths, finished basement with Family Room. Recent updates ('03) include Kitchen, with New Cabinets, Counters, Sink and Appliances including Smooth Top Range, Built-In Microwave; Refrigerator with ice and water in-door; Both Full Baths; Carpet; Vinyl Floors; Ceramic Tile and more! Gorgeous Extra Large Fenced Yard with shed that backs to trees and open area in a quiet cul-de-sac location. Low Home Owner Association fees. Home Warranty included! Offered at $299,900

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How to sell your home during the second-best sales season

Robert Bruss: How to sell your home during the second-best sales season Fall is recognized among real estate professionals as the second-best season of the year to sell homes. Mentioned in this article from Naples Daily News, are various steps that need to be followed by the sellers when selling their home during the second-best sales season. The first step is to be sure that they really want to sell and have a strong motivation for doing so. The second step is to get their home prepared for sale. And the final step is to interview at least three successful real estate agents who sell homes in their vicinity. [Robert J. Bruss, Naples Daily News, September 18, 2005]