home buyer representation: Buyers: There was a Line to see the House! - 04/10/18 09:32 AM
I feel compelled to share a recent experience that I had as a buyer's agent in Cedar Rapids this past weekend.  This is the third instance of this practice that I have seen so far this spring in this price point.
 
The buyer that contacted me on Zillow was asking about a property that morning.  The problem was that they were out of town for the weekend and wondered if they might be able to see it this week.  After looking at the property on the MLS, reading the agent remarks that no showings would be allowed until the open house and … (2 comments)

home buyer representation: Buyer Question: What Does It Mean to be a "Backup Offer"? - 04/04/18 01:29 PM
Buyer Question: What Does It Mean to be a "Backup Offer"?
 
Buyer question: I called to see a home and was told that the seller is accepting backup offers.  What does this mean?
 
 
There are several reasons that a seller may be willing to continue to show their home after an offer is accepted. 
 
1.  The accepted offer is contingent on financing through FHA or VA.  This means that there could be additional inspections and repairs required of the seller in order for the buyers to obtain financing.  The seller may be thinking that they could get a conventional offer that will not have … (2 comments)

home buyer representation: Cedar Rapids Buyer Tip #1: A Home Buyer Guide and Checklist - 11/11/14 12:44 AM
 
Cedar Rapids Buyer Tip #1:  A Home Buyer Guide and Checklist
 
It is no accident that some buyers sail through the buying process.  It is like they almost know a secret that the average buyer doesn't.  

 
This is the most important purchase a person makes and it is not a time to fly by the seat of your pants.  Having a plan of action, a checklist to follow, will get you to where you want to be.  A sort of road map to entire home buying process.  
 
As a first time home buyer, this … (6 comments)

home buyer representation: What if a Better House comes on the Market AFTER I Make an Offer? - 07/02/14 01:08 PM
What if a Better House comes on the Market AFTER I Make an Offer?
 
It is bound to happen.  You looked for months for a home that checked all the boxes.  You got one that is REALLY close and you make an offer.  After a little back and forth, you are under contract.  
 
Then you check your email and there is a new listing that was emailed to you.  Because let's face it, a day or so after the accepted contract and your agent may still have your search notifications on for you.  And there it is....your DREAM … (27 comments)

home buyer representation: Losing Your Dream Home Really Stinks! - 01/28/14 12:14 PM
Losing Your Dream Home Really Stinks!
We have all been there.  
You look at dozens of homes, and finally, you find it..."the one"...that one house that checks every box on your list. Sometimes it is at the top of the price range.  And it is usually the house that just came on the market.
No matter how hard the buyer's agent tries, our price recommendation falls flat. The buyer wants to test the seller and see how firm they are on the price.  It doesn't matter that it has been on the market for less than a week and we saw the … (12 comments)

 
Karen Feltman, Relocation Specialist in Cedar Rapids, Iowa (Cedar Rapids/Iowa City, IA KW Legacy Group)

Karen Feltman

Relocation Specialist in Cedar Rapids, Iowa

Cedar Rapids, IA

More about me…

Cedar Rapids/Iowa City, IA KW Legacy Group

Address: 4850 Armar Drive SE, Ste B, Cedar Rapids, IA, 52403

Mobile: 319-521-0701

Office: 319-423-4139

Whether you are relocating from another state or you are moving within the market area, there is always some adjustments to be made! My focus is on the well-being and safety of your family. A house is very important, but making the Cedar Rapids area your home takes a little more effort. My clients call me long after the closing for advice on a veternarian for their new puppy or the best daycares in the area. Meeting new people is always fun for me and I love my job! Call me if you would like to know what your home is worth in the current market or if you think that you might want to move up to another home somewhere else. We will miss you, but I will happy to get you on your way to your next adventure as quickly as possible!


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