Buyers and sellers often wonder what happens if the buyer can’t get his mortgage approval, does the seller get to keep the buyer’s deposit. Especially when a buyer had a prequalification letter issued from a mortgage broker. Once the contract was signed the seller couldn’t sell to another so shouldn’t the buyer lose something for [...]
A contract of sale must contain a closing date. Once the date has passed and you want to close and the other side doesn’t what to an you do to get a closing date? If the contract allows have your attorney send a TIME OF THE ESSENCE letter to demand a closing. If the other [...]
HOW TO PREPARE FOR A HOME INSPECTION
Since a buyer will be doing the inspection anyway a prudent seller can save himself time, money and aggravation by putting his house in proper working order. The little items that he didn’t have time to fix will probably become an issue when a buyer’s engineer does his report. Besides painting, [...]
I TOLD THE BROKER I’M SELLING MY HOUSE “AS IS”
Homeowners want to sell their homes with the least amount of work possible. Since they live in the homes they do find troublesome many issues that a new buyer and her engineer will find objectionable. A seller will always try to sell their homes in AS [...]
Being friendly and helpful are important qualities, but experience coupled with industry knowledge and negotiating skills are of more importance. Your broker will help guide you in finding houses to view and to make a suitable offer. Select with care as she will assist you in making an expensive decisions. You must have confidence in [...]
5 Myths That Can Ruin the Purchase of Your Home
