Archive for February, 2010
So what do you think? I’ve stepped off into a whole new….well everything really. I’ve got a great team behind me and we are going forward!
I want to thank you for taking the time to stop in and look things over. My goal is to provide a place where we can exchange information as well as laugh at some of the more….interesting aspects of real estate. (oh and there are plenty)
So post a comment and give me your thoughts
A standard pre-purchase property inspection covers a home’s major mechanical systems: Electrical, plumbing, heating and cooling and its construction from roof to foundation, exterior to interior.
These inspections usually do not cover soil, pools, wells, septic systems, building code violations or environmental hazards such as lead or radon.
The inspection contingency in your purchase contract will usually allow you up to two weeks to conduct an overall inspection plus any specialized inspections you (or your lender) require.
The cost of an inspection can range from one hundred to several hundred dollars. Specialized inspections usually involve an expert and can cost more.
Remember, repairs or remedies are negotiable; they also can derail a deal. It’s a good idea to meet the inspector immediately after the inspection is completed so they can explain what they inspected and what they found. Ask your inspector if you should have a specialist to further inspect any items.
Putting your home on the market for the right price is probably the most important factor in getting top dollar for your home.
In today’s market, there is very little room for pricing errors. Pricing just a little to high will cause buyers to simply purchase another home.
Many sellers take the approach that they need “negotiating room” and cause themselves more marketing time and over the long run a lower selling price.
Homes that are priced right when placed on the market sell quicker and many times for the full asking price.