February 26th, 2015 at 2:00 pm
Most buyers and sellers know a home appraisal is required as part of a real estate transaction. Not all of them realize, however, that the appraisal’s results pretty much run the show. The only exception is an all-cash deal.
An appraisal is an unbiased professional opinion of a home’s worth. In all 50 states, home appraisers are required by law to be licensed or certified. Each appraisal encompasses a variety of factors. Typical data for a single-family home include recent sale prices of similar properties nearby, amenities, square footage, number of bedrooms and bathrooms, floorplans, and condition of the property’s interior and exterior. Proximity to transportation and the community’s school district might even be factored in. Appraisers consider these and other information to determine the home’s fair-market value.
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February 5th, 2015 at 2:00 pm
When it comes to selling your house, everyone hopes they’ll receive an offer they simply can’t refuse. However, the reality for most sellers is that the process requires a bit more negotiating. As a seller, you may receive some offers that just don’t meet your requirements, but there may be other offers that you can eventually accept with a bit more negotiation.
So how do you choose the best offer?
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October 21st, 2014 at 12:00 pm
If you’re in the market to sell your home, you may have heard some talk of seller financing. Although this is a less common selling method, if you meet the criteria it could be a great opportunity. Seller financing takes place when an owner-financed deal is offered to the buyer. Terms of the loan can vary because it is an agreement between the buyer and the seller. Both the buyer and the seller should consult with legal representation before the sale is finalized to ensure both parties’ interests are protected. If you think seller financing may be for you, read our brief overview of pros and cons below.
Qualifications
Pros
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September 24th, 2014 at 10:00 am
While there are many opinions about the state of the housing industry, one thing we know is that prices are on the rise in Southern California. According to DataQuick, spring 2014 saw housing in California jump to its highest level since 2008. Just a year ago, buyers looking to purchase in Southern California could get a good deal. Those levels are starting to even out, but if the trend continues and housing costs rise, buyers thinking about moving toCalifornia should look to make their move soon.
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September 22nd, 2014 at 12:00 pm
If your listing expired recently, you might be disappointed in the service you received from the listing agent. You might even be bombarded by other real estate agents contacting you to re-list your home. To figure out what your best move is, start by reviewing your listing agreement. Make sure the relationship with your agent is terminated and you are not contractually involved with the agent or his/her company.
Next, consider your options and ask yourself these questions:
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