HOW ARE YOU PAID FOR YOUR SERVICES? As a seller, you pay my brokerage a percentage of the sale at closing. This, along with customary closing costs for a seller to pay, i.e. title company fees, closing fees, search fees, are taken out of your proceeds at closing. My brokerage then pays me a […]
REAL ESTATE FAQ’S
What is a ‘lease purchase’? A lease purchase is a two-portion contract. You agree to buy the house after a period of time where you live in the property, agree on a purchase price, and deposits, with a secondary contract that addresses the terms of the ‘lease’ period. Is it a good way to buy? […]
REAL ESTATE FAQ’S
Why don’t all sellers have open houses? There are some homes that I see for sale that I want to see on an open house… Some sellers appreciate that they only want qualified buyers looking at their homes under the supervision of a licensed real estate broker. An open house is just that – open […]
REAL ESTATE FAQ’S
Will I need to pay for anything until I close on the house? Yes, be prepared to pay for inspections and maybe even the appraisal at the time of the inspection or service. While some of these items sometimes are negotiated for the seller to pay, a lot of sellers are requesting that the buyer […]
REAL ESTATE FAQ’S
CAN I WRITE AN OFFER AND THEN GET PREQUALIFIED? Simply – sure, but your offer won’t get anywhere. The seller will counter back “subject to reviewing proof of funds to close” and the offer will still be open. This means anyone else can buy the house before you get that project done. Then, disappointment all […]