Profile picture for Damon Anderson

Damon Anderson

Agent

Professional Realtor

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Consulting

Advice

  • (9 Contributions,
  • 0 Best Answers,
  • 1 Helpful)

Contributions are sorted newest to oldest.

Where to start?

Answer

I would add that it is best to speak with lenders and get a preapproval before you look at homes with a realtor.  You need to know the costs involved and how much you are willing to spend.  Good luck.

  (0)
Whe will I find out my closing date?

Answer

The closing date is usually a part of the negotiation prior to an accepted offer.  Regardless it will be explicitly noted in the sales agreement.  If it is noted as 45 or 60 days after the accepted agreement you should nail down a specific date for your own convenience.  It is typically the buyers preference as is the closing location but can be negotiated.  A quick call to the buyer's agent will confirm. 

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Realtor lied

Answer

I agree with all of the responses.  The responsibility is the buyer's as the train noise is undefined and not a material feature of the property.  As a buyer you should be informed to investigate all features of the property especially those that are most important to you.The listing agent is selling the property and will only disclose what they know.  The information you should trust will come from your agent and your own evaluation.  For instance, I always tell people with a concern over water infiltration in the basement to view the property during or directly after a rain storm.I hope this helps and you find a suitable solution to your issue.  Best of luck.

  (0)
Agent selection

Answer

I agree that the activity of your property is based on price.   However several key factors influence traffic to your listing - internet marketing, email blasts, information on the listing including pictures and description, accessibility, and open houses.Consult with your agent, voice your concerns, and revamp your marketing strategy.  Read the listing contract between you and your agent and determine the right time frame and conditions if you decide on a switch.Hope this helps

  (0)
How to get the deposit money back from escrow?

Response

In PA.  Another escrow on a subject property cannot be opened until a deposit money dispute is settled.  Be sure you are working with an agent to advise you as to whether you are legally entitled to the deposit and all the proper paperwork is filed.Good luck.

  (0)
How to get the deposit money back from escrow?

Response

In PA.  Another escrow on a subject property cannot be opened until a deposit money dispute is settled.  Be sure you are working with an agent to advise you as to whether you are legally entitled to the deposit and all the proper paperwork is filed.Good luck.

  (0)
My husband is convinced we should have an appraiser BEFORE preparing our home for sale. Wrong?

Answer

Good question with many helpful responses.  I will offer my view.The appraisal is based on the location, lot size, square footage, improvements (additions and major upgrades) and importantly comparison with recently sold properties in your area.  In my area these are 3 comparables sold within the last 6 months.I believe an agent will provide a much more accurate idea of the market value of your home.  This will include a larger number of more precise comparables, a estimate of the rate of return for your upgrades/updates based on market data, and other items.That being said the property must appraise in order for the buyer to get mortgage financing, unless of course they are paying cash.In summary work with a great agent that will help you properly price your home.Best of luck

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Issues During Inspection

Answer

It is too bad to hear of the issues but these things do come up and this is why we ALWAYS insist on a home inspection.  There are several approaches to address your concerns.First, you should be working with a buyer's agent who can properly negotiate for you.  Remember the agent is working in your best interest and will have advice to guide you through.  The agent will prepare all the paperwork and will handle the communications as well.  My thoughts.  You should get quotes on the repairs.  This will help you in negotiating money for the needed repairs.  The concrete slab is a bit difficult be a certified contractor should be able to give you quotes for multiple types of fixes.In the case of the furnace, you may want to request that the seller provide a home warranty.  This will typically provide 1 year of protection in the case of a failure and most cover the core utilities.  Since this is a deferred cost there is no guarantee that the sellers will oblige but you can always ask.The fact that you made a full price offer gives solid negotiating space to address these issues.  It may be a different case if the property is priced to sell and/or there are multiple offers.  You agent will help you with this information.Best of luck and I hope this information helps.

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