Tag Archives: Selling
As the name suggests, seller property disclosure statements are designed to disclose any known material defects to the buyer. These are important to fill out carefully so you do not unintentionally forget something that may have occurred in the past.
“Would you consider countering the offer? The market has been slow for several months and very few homes are selling. There are three other homes within a block of yours that are for sale, and your home is currently the highest price on the market.” “And mine is also the nicest,” she countered. “Those homes are priced low because they have to sell. I do not, and let me explain something.
Example: Carol is a successful attorney in Pennsylvania who tried marketing her stone-front townhome for sale by owner. She had experience in successfully completing negotiations and transactions for other clients, and handled settlements at her office, so she saw no need to pay a salesperson 6% of her home’s value.
Most buyers search on the Internet prior to calling on any advertisement. Buyers elect to work with Realtors in order to have access to the most listings possible and because they want someone to guide them through the purchasing process including mortgage applications, real estate contracts, negotiations, and even title insurance.
Second, you should be concerned about any buyer’s ability to finance your home. I cannot tell you the number of times a home seller has called me and said they had their home under agreement “by owner” for several months, only to find that the buyer really did not qualify for the mortgage.