Earnest Money – How Much and When Is it Cashed? - If you’re a first-time home buyer and have a lot of questions, please do not feel embarrassed! If we bought homes OFTEN, we wouldn’t have 1st-time buyers! Probably the question I am most often asked is “How much earnest ... Continue Reading » about Earnest Money – How Much and When Is it Cashed?
Buyers
Don’t Let Cold Feet Cost You $8,000 on Your Prairieville Home
This Louisianna Realtor brings up some great points about whether or not to purchase now and speaks to the deadline for the $8,000 stimulus package. I am however, suggesting that 1st-time home buyers be under contract by mid to late September. I think so many buyers will wait until the last minute ... Continue Reading » about Don’t Let Cold Feet Cost You $8,000 on Your Prairieville Home
So, you want to buy a NEW house?
So, you want to buy a NEW house? Then, why did you put an offer on my house built in 1949? It's SIXTY years old and has survived the test of time. Yeah, I know your inspector would advise that you have all new electrical wiring and R-38 insulation, but guess what? IF we had put in all new electrical ... Continue Reading » about So, you want to buy a NEW house?
Do Tulsa Homebuyers know what they’re looking for?
Do Tulsa homebuyers know what they’re looking for in a home? I often like to compare the list of the Buyer’s search criteria from the beginning of our home-shopping process to the house that they finally choose. Often, many items they felt strongly about when they began their search are ... Continue Reading » about Do Tulsa Homebuyers know what they’re looking for?
Inspections, Appraisals & Reviews – oh my! What a buyers agent can do to help ease the process and the stress in purchasing your home.
Kris from Macomb County, Michigan wrote an excellent article that I would like to share with you. ALL of this information is applicable in Tulsa, Oklahoma! LoriVia Kris Wales-Macomb County MI real estate -Ask me about buyers agency in Michigan (Keller Williams Realty - Lakeside Market ... Continue Reading » about Inspections, Appraisals & Reviews – oh my! What a buyers agent can do to help ease the process and the stress in purchasing your home.
Don’t Wait-Only 138 Days to Claim Your Share of the Tax Credit
This Realtor has done an excellent job of breaking down the timeline of what needs to happen in order to close in time to qualify for the tax credit. Lenders are swamped with refinances and the appraisal laws have changed, often requiring more than one appraisal. So, if you're sitting on the fence, ... Continue Reading » about Don’t Wait-Only 138 Days to Claim Your Share of the Tax Credit
Repairs – how much should Buyers ask the Seller to pay for when writing a contract?
By the time you and your Realtor select a property and sit down to write the sales contract, your Realtor has probably been pointing out some areas of caution, such as wood rot or a hot water heater that needs to be raised. In the sales contract, we ask for a dollar amount for repairs, replacement ... Continue Reading » about Repairs – how much should Buyers ask the Seller to pay for when writing a contract?
8000 Reasons Get Your Butt In Gear: Deadline for First Time Homebuyer Tax Credit Looms
This article was written by a Realtor in California. Although our timelines are a little different, the concept is the same. Beware of the Lenders getting bogged down, and let's get to work!Via Janet Guilbault California Mortgage Banker/Broker:First time home buyers: Are you still at the computer, ... Continue Reading » about 8000 Reasons Get Your Butt In Gear: Deadline for First Time Homebuyer Tax Credit Looms
Homebuyers – which inspections should you do?
After you and the Seller are in agreement of the major components of a real estate contract (sales price, amount of earnest money, closing date, etc.), you will want to perform inspections on the property you intend to purchase. Typical inspections include structural, termite and EMP (electrical, ... Continue Reading » about Homebuyers – which inspections should you do?