Ar_home_b_search
 



fsbo: For Sale By Owners: New home buyer beware... part 1! - 11/18/08 04:39 PM
Buying/Selling a home is a complicated transaction that includes many legal forms required to comply with the law. 
Real Estate Professionals spend hours in class to keep up-to-date on the changes so they can provide the best service and protect their Buyers and Sellers.  
Even with all the information on-line it is difficult for  non-professionals to completely understand and comply with all the required documents for selling a home.  
I have seen many Buyers disappointed when they purchased a home from a for-sale-by-owner.  
I hope that this series will help you avoid many pitfalls and give you a quick reference to some of the required documents.
… (15 comments)

fsbo: For Sale By Owners: New home buyer beware... part 2! - 11/18/08 04:34 PM
Pricing a home to sell is one of the toughest jobs... to decide on the correct price you must know the current and local market.
Many home owners put years of hard work and money into their homes; it is very difficult for them to be objective when setting a sales price. Home improvements do not always have a dollar for dollar return... Pricing a home for sale depends on what has sold recently and what is similar to the home being sold.
Sellers normally do not have the data to make a good sound decision. Many times a for-sale-by-owner will disagree with a Realtor and price … (2 comments)

fsbo: For Sale By Owners: New home buyer beware... part 3! - 11/18/08 04:23 PM
The condition of the property is one of the most important factors deciding ... did you get a good deal!
Buying a home is so exciting but many buyers get caught up in the cosmetic appearance of a home. It is the bones of the home that will determine how much it will cost you to maintain your home.
In Tennessee a Seller is required by law to fill out a "Property Condition Form". Many Sellers do not know this is required by law and many For-Sale-By-Owners do not meet this requirement.
This form is the seller telling you about any defects in … (4 comments)

fsbo: For Sale By Owners: New home buyer beware... part 4! - 11/18/08 04:20 PM
The terms of the contract is what will determine how much you will pay for your new home, when you will close and who will pay for what services.     
Each area of the country has different normal terms for real estate deals. Some areas the Seller pays everything; other areas the Seller pay for nothing. The type of loan you are getting also determines who can pay for what and often restricts or limits what can be charged and who is paying.
This is where you need to do your homework and find out what is normal for your area. Why agree … (2 comments)

fsbo: For Sale By Owners: New home buyer beware... part 5! - 11/18/08 04:16 PM
The contract is the heart of the real estate deal! 
The contract will state the closing information such as date, where and with whom, sales price, type of loan, what the buyer & seller will be paying for plus much more.
The contract will also give you an out (if it has the proper contingencies) for things such as: you do not qualify for a loan, that you find the house with a serious defects or the property appraises lower than the sales price.
The contract also will give you options for remedies if thing do not go as planned. (again if it has the proper … (7 comments)

 
Brenda_gray Rainmaker_large

Brenda Tressler

Clarksville, TN

More about me…

Crye-Leike Realtors

Address: 2204 D Madison St, Clarksville, TN, 37043

Office Phone: (931) 648-2112

Cell Phone: (931) 206-1907

Email Me

Real Estate & Mortgage information in Tennessee. Local information for Ft. Campbell, Clarksville, Dickson & Nashville areas. Current credit, real estate & home loan information that may apply to you as a home buyer or seller


Listings

Links

Archives

RSS 2.0 Feed for this blog