buyer: Should I do a pre-listing home inspection?
- 09/05/12 09:33 AM
In the current market many sellers want to hold on to as much of their money as possible. The question is, does it pay to "invest" money in a pre-listing inspection? Based on my experience in real estate, I would say it absolutely does. There are a couple of reasons why I say this. First, you, not the buyer are in control of who inspects your home. Any agent who has been in this business any length of time knows there is no shortage of home inspectors who have no clue of what they're doing or who feel it's their responsibility to … (5 comments)
buyer: Should I use an individual real estate agent or a team?
- 08/15/12 01:46 AM
What is the best choice for a buyer or seller to make? I've been listing and selling real estate in Frederick, Washington, and Montgomery counties for over 23 years. For most of that time I was not in favor of using teams. Clearly my opinion has changed recently. About a year and a half ago I joined forces with a good friend, Darren Ahearn and became part of "The Ahearn Team". With all the technological advances, law changes and ever changing market scenarios I felt it was almost too much for one person to keep up with alone. Unfortunately, I've seen many … (2 comments)
buyer: Are foreclosures crushing the market?
- 06/17/09 03:08 AM
Anyone listing and selling real estate, whether agent or owner/buyer can tell that foreclosures are affecting property values. Certainly this begs the question, isn't it in the banks' best interest to get top dollar for their inventory? The answer may surprise you! Recently I was in contact with a local appraiser who expressed his frustration at what he referred to as two sets of data. The first is normal sales between a willing buyer purchasing from a willing seller and the other is bargain hunters buying up foreclosures. The problem is that, as foreclosures become a larger percentage of the market, … (2 comments)
buyer: FHA 203K Streamline - Perfect timing for this market
- 04/21/09 07:48 AM
Many of the foreclosure and short sale listings I have been showing recently are desperately in need of major cosmetic surgery. I must confess, I haven't done an FHA 203K loan in several years so I was operating under the assumption the rules were still the same. In fact they are, but for the 203K streamline they are much easier to work with. For one thing, you don't need a 203K inspector because the streamline loan is primarily for cosmetic work. I just showed a listing yesterday that needed about 10K in carpet, flooring, paint and drywall repair. This wouldn't normally … (2 comments)
In the current market many sellers want to hold on to as much of their money as possible.
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