10 Reasons Why You Should Work With A Buyers Agent
Investing in real estate has been the prerogative of people around the world. This is one asset that will continue to appreciate at different levels depending on the market. Overall it’s an asset when sold can make you a great profit if not get your investment back for you.
The human factor of buying a short sale is very trying. In this particular case it is a divorce situation. The woman is living in this house with her children, her husband has moved out. She is no longer able to pay the mortgage. Her life seems destroyed. She and her children are forced to move back in with her parents at 40 years old. Since she is perceived as a deadbeat by her mortgage company and huis verkopen Meerssen, she is not given the proper respect a normal client would receive. For instance her real estate agent never notified her of the closing date; I happened to run into her boyfriend and told him we were closing in 6 days. Even a renter gets 15 days (sometimes 30 days) to vacate a property! This person’s mortgage company gave her 6 days.
If you don’t have an exclusive agency agreement, you’re not legally obligated to work only with him or her to find your next home. However, most people benefit from having an exclusive agreement. Talk to your prospective realtor to find out his or her particular services.
If you choose to sell by owner then you will have to advertise yourself. There are special magazines and websites that help timeshare buyers and sellers meet. If you choose to sell by owner you can save thousands in commissions and fees.
Since it took such a long time for the bank to accept our offer, we thought that we would not get the house for what we offered. We had to keep extended our purchase and sale agreement, re-applying for another mortgage and did multiple viewings of the property. We viewed many other homes in this price range, but nothing compared to the short sale house we placed our bid on.
Again, it comes back to demand. Online rental postings for studios run $1100 – $1200, while two bedrooms suites are $1700 – $1900. It seems tenants are willing to pay a good price per square foot so as not to put up with roommates that eat their food and don’t pay rent on time. The fact is, if they could afford almost $2000 a month themselves, they’d probably buy their own two bedroom condo.
It is estimated that between six and ten percent of homes in the USA are currently vacation homes. Desirable areas show an even larger proportion of second homes. For instance, thirty two percent of all homes in Cape Cod are seasonal.
There are a lot of people that go into handling the purchase and sale of a home. Any one of these parties can foul up the transaction. Get referrals to find good people to work with.