All posts categorized under ‘For Home Sellers’

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Short Sales

Posted on February 27th, 2010 by Richard. Categories: For Home Buyers, For Home Sellers.

Everyone has probably heard the term “Short Sale” in the last few years. You’d think that those kind of sales are commonplace, but that type of transaction is probably one of the toughest deals to put together if you want to buy or sell a home. Unlike a REO or bank owned property which is a property that has actually gone through foreclosure with the bank emerging as the actual

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Earnest Money

Posted on December 8th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

When an offer is made by a Buyer on a property, it may take a counter offer or two or more sometimes before the Buyer and Seller agree on all terms of the Purchase Agreement. But upon acceptance, the Buyer must deliver an earnest money check from them immediately, usually by their agent, made payable to the Broker who has the home listed. The purpose of earnest money is just what the name

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Home Buyer’s Tax Credit

Posted on November 23rd, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

There was a lot of speculation as to whether the First Time Home Buyer’s Tax Credit initiated this year would be extended. It took a while for Congress to make up it’s mind, but the credit is not only extended, it is expanded now to include current homeowners as well who are looking to buy another home. There are of course some conditions and prerequisites in order to qualify, but the vast

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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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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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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