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buyers: Home Warranty Saves the Day - 12/08/07 07:10 PM
I am a firm believer in home warranties. I have a client who flips. With each of his remodeled homes, I purchase a home warranty to go along with his listing. This is a special service I provide to all of my regular clients who are in this business. It is a great marketing tool. We closed on a home last month that he beautifully renovated. On the day that the new owners moved in, they went down stairs to find a soaked carpet. The water heater, even though it passed the home inspection, failed. And as a coincidence...The drain pipe in … (5 comments)
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buyers: Listing Agents, don't be afraid to check into potential buyers "pre-approval" letters - 08/30/07 03:47 PM
We as Realtors have all felt the blow of the lending situation and have run into some pit falls due to unqualified "pre approved" buyers. Delayed closings, and closings that are not happening, all due to the buyer not being as qualified as the letter his agent slaps on top of the offer.
We as listing agents owe it to our buyers to research the buyers before signing the dotted line on a Purchase adn Sale contract. Just having that letter is not enough. When you get that offer, call the lender and ask questions. Here is what I am asking all … (9 comments)
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buyers: It' ain't over until... - 08/23/07 10:52 PM
In the real estate world, it usually is pretty bleek if you write an offer, and find out soon after you are in a back up postion..not just 1st, but 2nd back up..UGH!!..
It's is not always a losing situation..I was recently involved in a transaction where my people were in 2nd back up. For those who are new to the world of real estate, 2nd back up is actually in 3rd place..You have an offer that is accepted, another offer that is in back up, and then your offer is backing up the backup offer...
The whole transaction was a rollercoaster ride … (4 comments)
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buyers: Cash Bonus, Hawiian getaways, and the kitchen sink too - 07/03/07 07:43 PM
With homes sales leveling off in the valley, I've noticed more and more incentives for Realtors, or their clients upon closing. There are cash bonuses to Realtors, there are cash bonuses for buyers, trips, etc..but do they actually sell the property? There are also bonuses offered to agents who bring a full price offer.
Federal rules require that cash perks be disclosed, but offerings like trips or other non-cash items do not. Non cash items should be disclosed to the client at the start just to avoid any uncomfortable situation later on..in fact it is suggested that any bonus received should go … (21 comments)
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buyers: Do you really need representation as a buyer? Read this and I think you will all agree on the answer. - 03/18/07 07:15 PM
Today I was setting next to a home owner who has really gotten herself in a pickle. She purchased her home last spring with her boyfriend from a home that was being sold without an agent. What a lot of us Realtors call FSBO's. They bought a spacious home in the Lewiston Orchards and moved in with their 5 children. Not long after the family moved in they had found out that the homes septic system was bad. I asked the homeowner about the disclosure? She said that there was nothing said about the septic system. The seller had told her … (3 comments)
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buyers: You've written an offer, now the fun begins--The Home Inspection - 01/20/07 12:56 AM
You did it, you put in an offer on a home, and it was accepted. Now comes the home inspection!!
If you are like most home buyers, you will hire a professional home inspector to go over every inch of your new home. The job of a home inspector is to give a full report of every defect that he or she finds while going through the home. Some of thesedefects are pretty important; the inspector may find a "live" electrical wire, defective plumbing, or even pests. Many of the findsare small, but notable for your information. When your inspector gives … (4 comments)
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Shari George
Lewiston,
ID
More about me…
Coldwell Banker Tomlinson
Address: 325 Main Street, Lewiston, Idaho, 83501
Office Phone: (208) 746-7400
Cell Phone: (208) 305-9514
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