Real estate blog entries tagged with property by Vicky Carlton, Auctioneer,CES,CVS - Cincinnati (Ohio Real Estate Auctions LLC)

Home : Blogs : Vicky Carlton, Auctioneer,CES,CVS - Cincinnati : Cincinnati Real Estate Realtor~Auctioneer~Ohio Real Estate Auctions LLC ~All Done Auction : Tag "property"

property: Pre-qualified vs Pre-approved, What's the difference? - 04/29/07 07:27 PM

A pre-qualification is an estimate of how much you can afford provided by a mortgage lender. It is based on information you provided. Final loan approval is based on further investigation such as credit report and income/expense verification.
A pre-approved is a firmer commitment on behalf of the mortgage company base on … (0 comments)

property: FAQ - Auction - Part III - 04/12/07 09:45 PM

What is the Buyer's Premium? The buyer's premium is a service charge that is added to the high bid for our public auctions. A 10% Buyer Premium is normal additional to the winning bid. In this regard, buyers pay our fee not the sellers. Sheriff's auctions or foreclosure auctions generally do … (2 comments)

property: Auction - F A Q - Part 1 - Definitions - 04/11/07 09:53 PM

FAQ
What is a real estate auction?A Real Estate Auction is a method of buying and selling real estate. It is an intense and accelerated real estate marketing process that involves the public sale of property through open, competitive bidding.
What is an absolute auction? An absolute auction is a public auction … (7 comments)

property: Seller Benefits from selling real estate at auction! - 04/10/07 08:23 PM

Seller Benefits from selling real estate at auction!
Auction is an aggressive, advance marketing program that increases buyer's interest in, an awareness of a property and maximizes the selling price. Accelerates sales. Reduces the time the property is on the market. Auction brings interested buyers to a point of decision; they … (4 comments)

property: Buyer Benefits from buying real estate at auction - 04/10/07 07:19 PM

Purchase property at fair market value in open competition. Buyers set their own purchase price. Buyers know sellers sell at lowest price possible. Eliminate long negotiation periods. Reduce time to purchase property. It takes the agent and the seller out of the negotiation.Do not have to worry about contingencies because purchasing and … (0 comments)

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