Real Estate: Making a Perfect Sell
by Rajinder Dogra
Each real estate agent or dealer comes up with salient options, prices and proposals. When you've decided to sell your home and have a fairly good idea of what you think it is worth. For selling home wisely, you schedule your meetings with few local listing agents. As you go on interviewing agents, you feel that they are much in line with your own anticipated value. You feel contented. But the other part of the story is that after you are over and done with the deal, you realize that your home could bring in more value as per the existing market value. The rosy picture gets damaged.
Most likely, the possibility is that the dealer whom you dealt with was either not well aware or quite doubtful that your home could actually sell at more price than that. In a nutshell, what can be concluded that there are many details that only the seller can resolve to assure a timely trouble free sale.
There are numerous ways that real estate dealers use like evaluating the true market value of your property. This service varies in cost depending on the price of the home. A comparative market analysis is an informal estimate of market value performed by a real estate agent based on similar sales and property attributes. There are many online real estate agents who can also get a comparable sales report for a fee.
There are tailor-made kinds of websites that are engineered that specialize in real estate data or list out comparable sales information and a seller can also query via online forms available on the websites. You can select from many beautiful design templates and then create the pages you want to highlight the things that make your property unique. It is swift and simple to upload pictures on most website builders, and entering information is a matter of typing the content into forms or special skills like programming are not required.
At PropertyVertical.com, an online property dealer, you get a selling advantage of best price options, Property Title Verifications, Liaison with Govt. Departments, and various other services. Also, the online selling guide features Analysis and Pricing, Full Broker Support, Worldwide Coverage through Internet, Weekly Updates and more.
Choosing the Right House for You AND Your Spouse
by Gary Allalouf
However, it is also helpful to be as objective as possible when looking at properties. Therefore, by keeping the following things in mind when looking for your dream home, you will be able to avoid falling in love with a totally unsuitable house, simply because the bedroom has a magnificent view. Create a Budget The first step is to create a budget. Figure out how much you can and want to spend on a down payment. Then determine how much you can afford in monthly mortgage payments. With these things established, your real estate agent can hone in on the homes within your price range, eliminating those homes you cannot reasonably afford. Determine the Layout Another key element your real estate agent needs to know is the desired layout for your home. How many bedrooms do you want? Do you need a study? What about a playroom? Can you simply not live without a view of the mountains or the ocean? Once you have decided on these things, your real estate agent can further narrow down the list of properties for you to consider. Location The final factor you need to consider is location. How much of a commute to and from work are you willing to have? Do you have children and want to be close to a park or school? Do you want to be within walking distance from your favorite bar or restaurant? Having a certain radius to look within will also help to narrow down the selection of homes that you and your partner will agree on. The Neighborhood Once you start actually looking at properties, you will have to start doing some more research, just to make sure that you're not buying the a great house in a bad place. Do you like the neighborhood your potential new house is located in? Are the neighboring houses nice? Are the roads maintained? Are the people friendly? The House How does your house compare to others in the neighborhood. Does it look out of place? Is it significantly larger or more expensive than others in the area? Despite being tempted to get the large house on the corner, real estate experts agree that it is better to have a smaller or mid-sized house when compared to others in the neighborhood. Also, don't be put off by cosmetic aspects of the house that can be easily changed once you move in. Always remember to look at the potential of the house, rather than what the current owners have done with the curtains or the paint. By following these steps, you and your spouse should find it much easier to agree on a home that fits both your needs and lifestyles!
Pre-Purchase Inspection
by Steve Gillman
Should you do your own pre-purchase inspection? Yes and no. Yes, you should inspect a house before you write an offer on it. Then you should put an inspection contingency clause in the offer, and hire a professional inspector. Why do both?
Doing your own inspection can help you get a better deal. Each cracked window or leaky toilet you can find is a negotiating point. You see, you could just make a low offer, but a seller is more likely to accept your offer if you have reasons for it being lower. In fact, you should attach a list of your concerns to the offer, as an explanation and justification for your price.
Use a list as you walk through the house. Using a home inspection checklist keeps you from forgetting things. You don't have to know the difference between 12-gauge and 14-gauge wiring, or become an expert on all the building trades, as useful as this would be. Just use what you do know, and make a note if something looks "odd" or "smells funny." Afterwards, you can have a professional inspector take a closer look.
Pay for a professional pre-purchase inspection. Unless you really know a lot, it can save your neck financially. An acquaintance of mine just discovered that the house he made an offer on was almost beyond hope, because their was so much termite and other damage. He backed out of the deal, and considering the tens of thousands of damage he hadn't planned on, I don't think he's regretting the $300 he spent on inspections.
Do a walk-through inspection yourself, by all means. Just also put that clause in the contract allowing you to have professional inspections too. Now, how do you choose the right person to do the inspections? Carefully.
Pre-Purchase Inspection - Choosing An Inspector
For specific inspections that are customary in your area, you can rely on most reputable companies. Termite inspections are the norm here in Tucson, for example, and it's cheap to get one done by a pest control company (they hope to get the job if there are termites to be eradicated). If the roof has obvious problems, you can get a roofer to take a look and give you an itemized quote.
For general pre-purchase inspections, though, it isn't as easy to hire the right person. In many states it is relatively easy to get licensed for general home inspection. What you really want, though, is not someone that read the right books and passed a test, but an inspector with real life experience. Ideally, you want a former builder or tradesman that has real experience with everything from electrical work to roofing to plumbing and more.
You want to know what is wrong, but you also want to know what it will cost to fix these problems. Not all inspectors will have that information for you. Ask if they can give you estimates for repairing any problem they find, even if only in the form of a range of the possible cost. You may be re-negotiating the price based on his findings. You could call in contractors to get quotes on big problems, but you need to at least know which are big problems, and a good inspector should be able to tell you.
To sum up: Do your own walk-through inspection, then hire a professional. Ask about their experience. Ask if they can note estimated costs next to problems found. If you want to learn more, ask if maybe you can tag along for the inspection. Do these things and you'll have a thorough pre-purchase inspection.
