Buying into a building that is newly constructed offers someone a number of opportunities, one of them being the “hard hat tour.” If you have vision and imagination, purchasing a property that you have not yet seen can be thrilling. Imagine this, you walk into a sales office and are shown a floorplan; the finishes – appliances, cabinets, flooring, bathroom fixtures; and a simulated image of what your views may look like. But, until the building is substantially completed, you …
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I recently spoke to someone who had a real estate horror story experience. I thought I’d pass this story on and urge everyone to carefully select their real estate agent to avoid situations like this. A father of two decided along with his wife that moving from California to New Hampshire to a less expensive place outside a city would be beneficial for their family. With all of their savings, they decided to put an offer on a six unit …
In real estate, when buying or selling property, everything is done in anticipation of the finale, known as the “close” or “closing.” California closings are very different from closings back east. For people who move to the west coast expecting a closing like they have on the east coast, they are in for a bit of a surprise. On the east coast, this is the day 60 to 90 days after the contract is signed where a half dozen people …
It’s Not Just About the Price! The 10 Things You Need to Do To Prevail in a Multiple Offer Situation
What are the ten things a buyer and agent need to do to prevail in today’s competitive multiple offer market? Study what the most recent comps sold for, including properties that are “pending,” and make an offer higher than the closest comparable property, if you can. However, the highest price doesn’t always prevail. By following the next 9 steps, you may “win” without being the highest offer. If the buyer can pay in cash, do that. After, she closes, she …