Do you think the hard part is over once the sales contract is signed?...Think again?

Service begins when the P& S is signed. It doesn’t matter what type of property you are working on, you are the expert…don’t leave your client's to care to chance.

 

It’s a slipper slope those words have many different meanings. When it comes to selling land it can mean outside vendors want to get their job done as easily as possible. The buyers envision the home in a particular location which would require the excavator doing a test pit 200 feet off the road. It would have been much easier to do the pit 50 feet off the road. The contract would have been valid, once finding a place that supports a septic system. But when the house gets designed a new test would be required in the area the leach field must be located in …for a gravity fed (down hill system).

 So no we are not doing it the easy way we are doing the work the way that doesn’t require it to be done twice at the buyer’s expense (which is the right way).

 I had to stand over a test pit with a soil scientist and an excavator operator while it snowed today.

 

I’m not trying to run rough shot over the deal, but let me see the good faith estimate…before the closing (when there is time to work with a lender on fees). Let me get you a second quote for repairs that come up in the inspection, these are some of the items a real estate expert can help you with.

Locating the best place for your septic system can be the all important in preserving the view you fell in love with.

 

 

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                                                                                                                                                             Your-White Mountain New Hampshire real Estate Expert

     steve@alpinelakes.com toll free 800-926-5653 /cell 603-381-7898

          MLS search and Realtor web site: www.alpinelakes.com

           My outside Blog: www.steveswhitemountainblog.com

         Lincoln NH &  Local interest site: www.localism.com/nh/lincoln

 

 
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16 Comments on Septic to settlement statements is service after the sales contract is signed

NOV
06
Outside Blog

Steve, You are so right, good faith estimates and placement of Septic tanks and systems, very important....your clients are lucky to have such a great agent, no stick the sign in the ground, sign the papers and disappear kind of agent!!

5:10pm • #1
303,092 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router

Debbie...The deal isn't over even after its closed, these buyer clients are your seller listing someday.

5:52pm • #2
1 Featured Post

Right on, Steve! Im always amazed when upon securing an accepted contract my client says thanks for the hard work. Say what? The work is just beginning for me/us! Great point.

7:01pm • #3
303,092 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router

Randy....When I ask an agent how the deal is going and they say my part is done, I say great so its closed?, No then your part of the deal is not done.

7:19pm • #4
1 Featured Post

Exactamundo, Steve! Tell me this  >>>  how in the world does a real estate agent ever get the idea that their job is done BEFORE closing/recording?!?!?

7:39pm • #5
401,027 Points 3 Featured Posts Outside Blog

Interesting Steve.  We do soil borings here.  simple and easy to do many for a cost of usually under $500.  When I remodled, I knew I needed a new septic.  The inspector tested 4 sites for just under $400 and that was 3 years ago.

Very important any way it is done.

7:43pm • #6

And VERY Expensive if it's done wrong or even just in the wrong place.  Glad to see you stand by your clients LONG after the closing.

Here's a link that may help those who have to deal with septic systems.

EPA Homeonwer's Guide to Septic Systems.  It's a PDF file of about 2 MB.  There's also a Spainish version available.

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9:48pm • #7
NOV
07
183,690 Points Outside Blog

Very few clients understand the details invloved in any transaction!

5:10am • #8

But that lack of understanding allows YOU to make a living.

That's kind of how our society works.  I can't fix my car so I pay someone else to do it.  They can't balance a checkbook so they hire an accountant.  The accountant can't do anything but numbers, so he hires a cook.  The cook doesn't know anything about real estate so they hire you!

What comes around, goes around.

-

6:03am • #9
303,092 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router

Erby... Thanks for the site and the words of encouragement, This business that we chose to be in can be tough but doing it right will grow your professional reputation...which in turn has the potential to earn you new clients...added incentive to do it right. Thanks Again, Steve

6:29am • #10
4 Featured Posts

good luck with the new gfe's

if it's a direct lender all fees will be those of the lender, but yeild spread will still not be disclosed.

a broker will need to include all fees, theirs and the direct lenders into the origination fee, this could/will be a bigger number than what you are use to. 

8:49am • #11

Thanks for the excellent information.

9:32am • #12
303,092 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router

Jay...We are moving towards a full disclosure (transparent) transaction, and I believe it put the honest professionals on an equal footing with the folks that were prone to bait and switch.

11:54am • #13
NOV
08
195,099 Points

What a great Real Estate Agent you are.  Hand holding and support work are so needed in this industry.  If you don't do it, someone else will.

10:58am • #14
NOV
09

I find, lke you, that doing what's best for my client is the same as doing what's best for ME in the long run, even though the short term may hurt a bit.

Gotta love those personal referrals.

-

9:16am • #15
NOV
13
543,763 Points 10 Featured Posts Outside Blog

What's that bulldozer doing messing up that nice little hardwood forest? :( LOL

Best wishes!

3:55am • #16

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Steve Loynd/ 800-926-5653, White Mountains NH

Lincoln, NH

More about me…

Steve Loynd, Alpine Lakes Real Estate Inc., Loon Mt, NH.

Address: 7 Linwood Plaza, Box 1135, Lincoln, NH, 03251

Office Phone: (800) 926-5653 x 11

Cell Phone: (603) 381-7898

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