contracts: When the Buyer Wants Out
- 05/07/19 09:49 AM
Sometimes it is tough to be the seller. Even when the market conditions seem to skew your way, getting your house under contract can be tough. I get it. I work with both buyers and sellers. I empathize with my seller when more than one buyer complains about the backyard...and there is really nothing we can do about that. I feel their pain when an interested party shows up and then disappears. When I work with my buyers, however, it is a different type of empathy. They are selecting a home that will house their lives moving forward. Whether this is … (3 comments)
contracts: A practical guide to navigating the POA Act in Virginia
- 09/19/17 12:29 PM
In Virginia, there is a law, The Property Owners' Association Act, that provides a prospective buyer with a framework and a time frame for reviewing the Property Owners Association (POA) Documents associated with a specific property. Upon receipt of these documents the buyer has three days from receipt of the Property Owners Association Documents to review, and if necessary void, the contract. This sounds very simple, but what exactly to buyers and sellers need to know about this when they have a contract to buy or sell a home in Virginia? There can be more than one Property Owners Association per home. In Reston, for … (0 comments)
contracts: What is the big rush to clear the contingencies?
- 04/12/11 11:51 PM
What is the big rush to clear the contingencies? Dear Holly, We got a contract last night on our home and this morning we signed. My Realtor is telling me that now we are 'ratified.' It has been such work to keep the house clean during the process and now my agent hits me with all of these other things we need to do: Let them in for the home inspection, have a radon test going in the basement for 3 days, allow the appraiser to get into the house, order property owners documents and get a septic system inspection. Frankly, I don't … (22 comments)
contracts: What if I Change My Mind? Can I get out of a Contract?
- 01/12/11 02:14 AM
Dear Holly, I have been working with a Buyer's Agent and feel like we are getting close to writing a contract for my first home. I am very nervous about writing a contract--so much could go wrong! My sister says not to worry, I will be able to get out if it if I change my mind. That doesn't sound right to me. How easy it to get out of a purchase contract for a home? Sincerely, First Time Buyer The contract to purchase a home varies from state to state. As a Realtor practicing in Virginia, my knowledge of contracts … (39 comments)
Sometimes it is tough to be the seller. Even when the market conditions seem to skew your way, getting your house under contract can be tough. I get it. I work with both buyers and sellers. I empathize with my seller when more than one buyer complains about the backyard...and there is really nothing we can do about that. I feel their pain when an interested party shows up and then disappears. When I work with my buyers, however, it is a different type of empathy. They are selecting a home that will house their lives moving forward. Whether this is … (3 comments)
;)
;)
;)
