Why it pays to make repairs - 01/30/09 12:29 PM
Did you know that every dollar you spend in home repairs today can help increase your profit when you decide to sell? One of the best ways to maximize your selling price is to make needed repairs before your house goes on the market.
Most buyers tend to overestimate the cost of repairs and may use that perception to significantly reduce their offer on your home. Before you list, look at your home as if you were a prospective buyer to identify repairs that should be made. Roofs and gutters are the first place people look and a fresh coat of … (0 comments)

How do inspections and appraisals differ? - 01/17/09 05:18 PM
One of the most common questions posed by prospective home buyers concerns the difference between a property inspection and a property appraisal.
During an inspection, a qualified professional assesses the systems and structural integrity of the property. Obtaining an inspection is usually a condition of the sale and included in the Purchase and Sale Agreement. The buyer usually pays for an inspection to uncover any hidden problems before the deal is finalized.
An appraisal is a formal assessment of the value of the property in the current real estate market. Lenders usually require a written appraisal to confirm that the amount … (0 comments)