All posts categorized under ‘For Home Buyers’

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Home Warranty

Posted on November 2nd, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

One of the things that I almost always recommend that  Buyer ask for when they make an offer on a home is for the Seller to provide a Home Warranty. Unless the home is just newly built and therefore covered by the builder or manufacturers warranties for major components, then it makes sense to have a home warranty policy to provide peace of mind and protection against a costly repair. A Home Warranty

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The Sky Is Not Falling

Posted on September 15th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

It shouldn’t surprise me by now but it still does. The power of suggestion coupled with the choke-hold that the media has on the public collective consciousness. This rings true on just about any topic…but of course I’m a little more focused on real estate than other areas of discussion. The sky is NOT falling. I’m wondering what it will take to convince some people of that? The market is OK and getting

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Buying a Home…Emotion or Logic?

Posted on September 1st, 2009 by Richard. Categories: For Home Buyers.

I’ve been showing homes to two different buyer-clients lately who are looking for a home in the same general price range. The homes description and areas they are looking in are different. But what’s most interesting to me though is the way they proceed in the looking process. Both have a totally different mindset and they couldn’t be more different in their approach.

One is all about the emotional elements that a home provides. One that gives them the feeling

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Mistaken Identity

Posted on August 27th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers, Real Estate Perspective.

I’ve been showing homes to a buyer-client lately. We looked at about everything available now on the market through the BLC (Broker Listing Cooperative) that was a close match to what they were looking for. And still they just can’t find the right home yet. So I suggested that if there were any homes For Sale By Owner in the area they were interested in, we shouldn’t overlook those as possibilities.

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Mortgage Survey

Posted on August 22nd, 2009 by Richard. Categories: For Home Buyers, Real Estate Perspective.

One of first things that a Buyer should do when they begin looking for a home is make sure that they are pre-qualified for a loan. This gives them an idea of the price range to concentrate on when looking given the payment level they feel comfortable with. During the pre-qualification process they should also receive a Good Faith Estimate from the lender which itemizes the costs they should expect to run into

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Sellers Disclosure

Posted on August 3rd, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

When a property is being listed, there are several documents and forms that the owner signs and fills out in order to get the home on the market. The main document is the Listing Contract, but no less important is the Sellers Residential Real Estate Disclosure. That’s really a mouthful to say…so when speaking about it, I usually refer to it as the Sellers Disclosure. Indiana state law requires that the owner

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Final Closing…Time to Relax

Posted on July 7th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

The sale of one of my listings closed today. What I hope for at final closing is that everything goes smoothly, that the mood is positive and everyone goes away happy. That’s exactly what happened today. It’s an important time in the lives of the Seller and Buyer. Both are ending a chapter and beginning another one, so you want things to begin or end on a happy note. The key