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Move 'em on out! - 05/31/12 07:08 PM
When should the seller be completely out of the home I am purchasing?
Different Realtors answer this question in different ways but I am a strong believer that you do not close the transaction until the seller is out and you have done the pre-closing inspection. If you are closing at 10:00 in the morning do your inspection at 9:00 and be certain that all belongings and people are packed and gone.
Horror stories abound regarding sellers remaining in the house while they wait for their new home to close or they rent back the home … (5 comments)
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FAQ about Costs of Owning a Home - 05/30/12 11:22 AM
Besides the mortgage, what other monthly and annual expenses will I incur?
It is very important that you realize that your mortgage payment is not all you need to budget for. Other expenses include
· Homeowners insurance if not escrowed along with wind, storm and flood if needed
· Real estate taxes if not escrowed
· HOA or COA fees depending on the type of property you purchase
· Utilities which could include gas, cable, electric, sewer and water, trash pick-up
· Landscaping and snow removal if applicable
· Repairs and maintenance to … (1 comments)
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FAQ regarding Multiple offer situations – What do I do? - 05/29/12 06:22 PM
It seems hard to believe that we are actually experiencing multiple offer scenarios again but they are back! If you are faced with this situation and you really want the house above all the others you have looked at there are a few things you can do to make your offer stand out. In many cases cash does trump mortgage contingencies but not always, so make your first offer your best offer. There may not be a counter or an opportunity to raise your offer. You can make an offer at list or above list price but only if you can … (4 comments)
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Short Sale Processing Time cut in Half? Really? - 05/27/12 05:23 AM
Sorry, but I am not holding my breath for any true streamlining of the short sale process. Supposedly, beginning June 15, Fannie Mae and Freddie Mac are going to be required by the Federal Housing Finance Agency to speed up the interminable waits that purchasing short sale properties always include. They are now supposed to respond to offers within 30 days of receiving them and render a decision within 60 days. I will believe it when I experience it.
Pardon my disbelief but this is not going to happen. First of all, where is all the staff going to … (1 comments)
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Memorial Day - I Salute All The Troops - 05/26/12 06:45 PM
This is the weekend full of barbecues and boating and baseball. It is so important for all of us to remember the brave soldiers who have kept us safe, protected our freedom and provided us with the ability to sleep without fear. I thank each and every one of them who through the years have given their lives and those who have lived to finally have a life of their own. We are a great nation and the sight of our flag waving proudly is one of the most beautiful sights in the world. Happy Memorial Weekend to everyone and take … (1 comments)
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My Most Valuable Tool - 05/24/12 12:56 PM
My lead generation system with HOUSEHUNT is absolutely the best money I have ever spent. It has more than paid for itself each and every of the six years I have subscribed to it and several of the buyers and sellers who have found me on it have closed multiple transactions over the years. The ability to have every single prospect and client in one database is the most remarkable part of the system along with the ability to break them out into as many categories as I choose. I can send targeted groups information that is relative only to them as well … (0 comments)
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Prequalification and Preapproval? What is the difference? - 05/24/12 12:25 PM
What is the difference between Prequalification and Preapproval in the loan process?
A lender will spend some time determining an estimate of what you can afford to spend on a house but this Prequalification in no way a promise of your ability to get a loan. Prequalification is a free process by the lender.
A Preapproval is done using the factors of how much you earn, how much you owe and the value of your assets. If you appear to be a good credit risk, the lender will commit, in writing, to funding a loan for a certain amount. Of … (0 comments)
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SUMMER FUN CONTEST - ANY VACATION IS A WINNER FOR ME! - 05/23/12 08:07 PM
This is an entry for the Positive Attitude for the Weary Soul Group Contest! | Fun in the Sun While the Business Still Runs! Join in on the Challenge!
My husband and I have spent the last three months getting our boat ready for a wonderful vacation on the water. We are going to take one week, anchor out at our favorite sandbar and just chill. We looked at travel options and decided that getting anywhere was just not going to be worth the hassle and then realized we have the most convenient vehicle of all - … (2 comments)
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My Favorite Question from Buyers..... - 05/21/12 07:23 PM
A Question that many Buyers ask of a Realtor….
What is your fee to help me find a home to purchase? You are probably going to think that the answer to this question is just too good to be true. Not only do I charge you nothing but by utilizing my services instead of trying to negotiate a home purchase on your own I will save you money and ensure that you have all the assistance and information necessary to get the transaction closed. How can that be, you ask? I am paid from the proceeds of the sale of the … (2 comments)
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3rd most asked Question by Sellers - 05/20/12 01:57 PM
Third most FAQ from Sellers
Q. What is wrong with listing my home much higher than what you are recommending?
A. I did not pull the recommended listing price for your home out of a hat. I spent hours comparing recently sold homes, currently active homes and homes that died a slow death and expired from the MLS. The potential buyers of your home have access to much of the same information that I do and their realtor knows the value of your home and those homes around you. Would you pay more for a home just because the … (3 comments)
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2nd most asked question from sellers - 05/19/12 06:25 PM
"Why can't I stay in my house during showings?" There are countless answers to this question that is almost always asked by sellers of their realtor so I have chosen the answer that seems to put it on the line with the least amount of explanation. Remember the old war saying “Loose Lips Sink Ships?” It is the same with sharing information with a prospective buyer of your home. I am not talking about the honest disclosures that you need to own up to regarding repairs that are needed or have been done but instead, about ramblings that only give the buyer’s … (3 comments)
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Not all Neighborhoods treat you equally! - 05/18/12 07:58 PM
FAQ : What is the difference between a Home Owner’s Association and a Neighborhood Association?
A Home Owner’s Association is a group of property owners who have the legal authority to enforce rules and regulations that focus on restrictions and building and safety issues. HOA membership is usually mandatory and has fees that are paid quarterly or annually. They often own and maintain common property like recreational facilities, parks and roads within the community. The bylaws governing the community prohibit the homeowners from doing things that are deemed to be detrimental to the entire community such as parking on … (4 comments)
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Pony Express – Sort of…… - 05/17/12 07:15 PM
SELLER HAD NO POA WITH HER AT CLOSING
The Usual Suspects: Buyer, Seller, Closing Agent, Realtors and
The Unusual Suspect: Biker Mike
After a lengthy estate battle and an even longer time on the market, my seller’s family home was finally closing. The seller I was working with, a young woman who had patiently jumped through every hoop and followed directions to a “T” sat beside me at the closing table, ready to finally move on with her life and put the memories and property behind her. The title company had been a bear to work … (41 comments)
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Marnie Matarese - Sarasota Real Estate - J Wood Realty
Sarasota,
FL
More about me…
J Wood Realty
Address: 330 South Pineapple Avenue, Suite 113, Sarasota, Fl, 34236
Office Phone: (941) 922-7600
Cell Phone: (941) 809-8099
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