Myth 10: If something appears on the inspection report, the seller has to fix it. - 12/24/08 09:26 AM
This is a continuation of a series: 10 Common Myths Shared by Homebuyers.* See myth #9 here.  
A buyer might assume that since the contract is contingent on the home inspection, it can be mistaken that the seller is to fix anything and everything that comes up on it.  South Carolina's Association of Realtor's contract specifically states that the seller is only responsible for repairs to make the roof free of leaks, the house structurally sound, and to address electrically, plumbing, and HVAC issues.  Many inspectors volunteer their subjective opinions rather than just reporting the facts based on their observations. The … (1 comments)

I'm GUILTY! I've been so busy in December but the KUDOS goes to... - 12/19/08 01:42 PM
I've been so busy in December that I have neglected my blog and twitter.  Not sure if it is the 70 degree weather we are having here in December or the just the drop in interest rates and amazing deals available out there that are encouraging buyers to start looking.  Today is the 1st day I've had off in December other than the time I left the state for 2 short mini weekend getaways.  I just want to give kudos to several groups of people out there contributing to this business!
SELLERS: You are doing a great job recognizing the importance pricing your property competitively and … (4 comments)

Myth #9 All mortgages are essentially the same. - 12/10/08 01:40 PM
This is a continuation of a series: 10 Common Myths Shared by Homebuyers.* See myth #8 here. 
It can be complex in choosing a mortgage since there are plenty of options. Your particular circumstances may dictate what options are available to you.  By assuming all mortgage are the same, a buyer might deprive themselves of making a fully informed decision.  When borrowers compare rates, you could make sure you are comparing apples to apples in the same season.  What I mean by "season" is that if you are shopping rates with different lenders, you should get a quote from all of … (0 comments)

Myth #8 Getting a mortgage should be quick and easy - 12/01/08 10:38 AM
This is a continuation of a series: 10 Common Myths Shared by Homebuyers.* See myth #7 here.
Many buyers resent the lending process and don't understand why they need to provide a pre-approval and start jumping hoops before they find a house they like.  In troubled mortgage markets, lenders take more precautions before lending money. Lenders must be certain that a borrower is creditworthy which requires quite lengthy application process and documentation verification.  Given the changing guidelines, it's important for a buyer to cross this hurdle first.  In the Charleston market, many of the lenders I'm working with are putting the … (3 comments)

 
Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team (Certified Staging Professional (CSP) Elite Instructor) Rainmaker_large

Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team

Summerville, SC

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Certified Staging Professional (CSP) Elite Instructor

Address: 628 Long Point Rd, Mt Pleasant, SC, 29464

Office Phone: (843) 814-6680

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Charleston SC real estate, Military Relocation Experts serving Goose Creek SC, Summerville, SC and surrounding areas. CSP Elite Instructor, How to Maximize Your Client's Equity Through Home Staging.



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