Bill Bein's (wbein) Blog

Myth #3: Overpriced property can sell-if it's heavily advertised. Truth: There is huge power to the MLS and online advertising, but print advertising has diminished in importance, and advertising alone doesn't sell anything. Properties priced over their fair market value will not attract as many ...

Myth #2: There are many ways of guides to an asking price. Truth: Similar, nearby, recent, closed sales are the only truthful guide to follow. Your buyer won't accept: a. What your Neighbor Saysb. What Another Agent Saysc. What you Spent On Upgradesd. What it Costs To Build Todaye. What you Spent...

Myth #1:  You should always price your home high and negotiate down. Truth: Starting out too high rarely is the best way for a seller to go. If you list too high, you'll miss out on buyers looking in the price range where your home should be.  Offers may not even come, because they are scared off...

An escrow account is a neutral depository held by your lender for funds that will be used to pay expenses incurred by the property, such as taxes, assessments, property insurance, or mortgage insurance premiums which fall due in the future.  You will pay one-twelfth of the annual amount of these ...

If you are purchasing a resale property, we highly recommend that you have a professional home inspector conduct a thorough inspection.  The seller may be willing to negotiate completion of repairs or a credit for completion of repairs, or you may decide that the home will take too much work and ...

If you are purchasing a resale property, we highly recommend that you have a professional home inspector conduct a thorough inspection.  Your home cannot "pass or fail" an inspection, and your inspector will not tell you whether he/she thinks the home is worth the money you are offering.  The ins...

If you are purchasing a resale property, we highly recommend that you have a professional home inspector conduct a thorough inspection.  The inspection is not designed to criticize every minor problem or defect in the home.  It is intended to report on major damage or serious problems that requir...

If you are purchasing a resale property, we highly recommend that you have a professional home inspector conduct a thorough inspection.  The inspection will include the following:   Appliances Plumbing Electrical Air conditioning and heating Ventilation Roof and Attic Foundation General Structure...

When you purchase a resale home, you can purchase warranties that will protect you against most ordinary flaws and breakdowns for at least the first year of occupancy.  The warranty may be offered by either the Seller, as part of the overall package, or by the agent.  Even with a warranty, you sh...

When you purchase a newly built home, the builder usually offers some sort of full or limited warranty on things such as the quality of design, materials, and workmanship.  These warranties are usually for a period of one-year from the purchase of the home. At closing, the builder will assign to ...