Pamela Madore
Keller Williams Realty
806-290-1920
Ramblings
The transaction was a mess. Everything that you could think of and some things that you have never even heard of went wrong. Even after closing there were problems as soon as the next day. Would this nightmare ever end!
This is not a normal event but sometimes you just can't control everything. Sometimes everything goes wrong not matter how hard you try.
Who is your advocate? Who is standing with you? Was there anyone standing with you at the last day, at the last moment? Was there someone "passing the buck" or someone "in the trenches" with you. That is the difference between a good Realtor and a Great Realtor. I want to add, also, that a Great Realtor will stand with you if you are buying a $50,000 house or a $500,000 house. It makes no difference (at least to me).
Let's talk about some things that can happen to really mess things up.
- Financing. Of course, I always recommend getting pre-qualified way before looking at houses.
- Inspections--The house is condemned
- Title Insurance. This is taken care of by the title insurance company
- Appraisal--Came in to low
- Survey--your garage is half on your neighbors lot
- Closing--What are all these papers.
Let's sort these out a bit.
Financing is probably the most mis-understood but the most important part of a real estate transaction whether you are buying or selling. If you can't get the loan then you can't buy the house. Plain and simple.
When you apply for a loan and tell the lender certain things either over the phone or online, they may not see the same thing that you are seeing. Without knowing underwriting guidelines, you probably will not know how an underwriter is going to see differently than how you see it.
I will stand with you. At the same time I have an arsenal of help in my pocket to get you qualified. It may not be today but it will be.
Inspections are a series of opinions put together by a series of people that should come together to make some sort of sense. With that said, the actual inspector that you hire has a liability against him if he makes a mistake or misses something. And because of that, inspectors will find things that can't be seen with the naked eye.
There is now a balance between 1) how many things or not important to you 2) how many thing would make you not want the house and 3) how many things are the seller willing to fix. At this point we are negotiating again just like we did at the beginning for price. This can be a very difficult time in the transaction. Blatant things like the HVAC doesn't work we will surely ask for. But how many little things should we ask for? At point are you willing to walk away.
I will stand with you. I have a lot of experience with inspections and what affect they have on us all.
Title Insurance is something that is provided by the title company. Most times all is well. However, not always. I have had to track down relatives of relatives all over the United States to get an affidavit signed. I have knocked on doors to convince people that could care less how important it is to go to the title company and sign one piece of paper. Most times these things have to do with wills and probates.
A Visit To Lawyer's Title, Title Plant
I will stand with you. Don't get in my way when I need to find John Smith who has moved 5 times in the last 5 years.
I will stand with you. I have had to go find different comparables that an appraiser didn't use because they have never been in the MLS. I have had to argue condition of property. When I am on a mission.........
Surveys are where the lines of the property are. Generally there are no
problems with surveys. However, there an be. Fences may be misaligned. Uncle Jack thought he sold that extra 10 feet 10years ago. My garage may be slightly over onto your property.
Many of those things can be sorted up by title companies that can insure those sort of things. Hopefully all of them. There are exceptions, of course. You could get that cantankerous old man who doesn't want you on his land.
I will stand with you. I have been known to woo even cantankerous old men. shhhhh
I will stand with you. I have had to argue over $20 here and $20 there just to be sure all of the numbers are in the right columns.
When I help either a buyer or seller, I will stand with you to the very end and after if need be. Sometimes we do have to take care of things afterward but that is a different story.
Let me be your advocate.
Call me. Text me. Email me.
806-290-1920
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