With recent reports for the Kansas City area citing home inventory at just 4.8 months. This article might debunk some of the myths of home selling! If you've been on the fence contemplating whether to try to move this year, you might want to check this out!
6 Reasons Why This Winter Is a Great Time to Sell
Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts
Wednesday, January 23, 2013
Monday, May 17, 2010
Real Estate Corner - Answers To Your Questions!
Q. We have just bought our first brand new home, but we have a few issues that need to be completed by the builder. How should we go about getting those items addressed?
A. In order to schedule repairs, most builders require these items to be in writing. Use the following guidelines to make the most of the communication.
• Familiarize yourself with your home warranty coverage. Follow the procedure for making claims as stated in the written warranty. Some builders handle the warranty repairs themselves, while others contract with home warranty companies to handle all warranty claims. Some items, such as appliances, are usually covered by a manufacturer’s warranty, and are not the responsibility of the builder. If a problem develops after the express warranty has expired, the builder may not be required to respond under the terms of the written warranty. It is important to know what your builder's policy and procedures are before you enter into a contract to purchase a home built by them. Most builders have a timeline for you to follow giving you an opportunity to live in the home for a period of time. This allows you to discover any issues that need to be addressed that might not have been noticed at the time of your final walk-through. The builder will also want a list, also called a punch list, so they may take care of any items at the same time rather than coming out multiple times.
• Write your letter. Include the date of the request, your name, contact details, and the date you moved in. Include all relevant details. State exactly what you want done and how soon you expect it to be resolved. Include all relevant documents and photos regarding the problem, and send copies, not originals. Keep a copy of the letter for your files.
• After you alert your builder to the problem, provide them an opportunity to inspect and correct the problem within a reasonable period of time.
If you have any questions, or are in need of capable and trustworthy representation, please call us at 816-246-7500.
A. In order to schedule repairs, most builders require these items to be in writing. Use the following guidelines to make the most of the communication.
• Familiarize yourself with your home warranty coverage. Follow the procedure for making claims as stated in the written warranty. Some builders handle the warranty repairs themselves, while others contract with home warranty companies to handle all warranty claims. Some items, such as appliances, are usually covered by a manufacturer’s warranty, and are not the responsibility of the builder. If a problem develops after the express warranty has expired, the builder may not be required to respond under the terms of the written warranty. It is important to know what your builder's policy and procedures are before you enter into a contract to purchase a home built by them. Most builders have a timeline for you to follow giving you an opportunity to live in the home for a period of time. This allows you to discover any issues that need to be addressed that might not have been noticed at the time of your final walk-through. The builder will also want a list, also called a punch list, so they may take care of any items at the same time rather than coming out multiple times.
• Write your letter. Include the date of the request, your name, contact details, and the date you moved in. Include all relevant details. State exactly what you want done and how soon you expect it to be resolved. Include all relevant documents and photos regarding the problem, and send copies, not originals. Keep a copy of the letter for your files.
• After you alert your builder to the problem, provide them an opportunity to inspect and correct the problem within a reasonable period of time.
If you have any questions, or are in need of capable and trustworthy representation, please call us at 816-246-7500.
Friday, April 30, 2010
Homebuyer Tax Credit Expires TODAY!
No, this is not a last minute call to action. Personally, I am glad that it is over. I am happy for those that found homes they love and can benefit from the tax credit. I am, however, most happy for those buyers who disciplined themselves for their situation to not just buy any house to get a credit but to wait and find the home that best fit their needs! For some, it was easy to find a great house and reap the benefit of the tax credit. For others, not so easy. After all, it is one of the largest financial decisions you will make in your lifetime.
For now, I am ready for Sellers and Buyers to go back to a "normal" real estate market. When I figure out what a "normal" real estate market is I will be quick to let you know. In the meantime, we will work with our clients to best educate them for that important decision in "today's" market. Whatever that may be!
If you're looking for competent and caring representation, we are here to help. Give us a call at 816-246-7500.
For now, I am ready for Sellers and Buyers to go back to a "normal" real estate market. When I figure out what a "normal" real estate market is I will be quick to let you know. In the meantime, we will work with our clients to best educate them for that important decision in "today's" market. Whatever that may be!
If you're looking for competent and caring representation, we are here to help. Give us a call at 816-246-7500.
Thursday, February 12, 2009
To Buy or Not To Buy...Is it the Question?
To buy or not to buy? Do we or don't we? Have you ever looked back and thought, 'gee, I wish I would have bought that...look what it's worth today'? We think 2009 is posturing to be a great year to buy real estate. We are still at historically low interest rates, prices are low and the government is looking to offer a stimulous tax credit. We already have a $7,500.00 tax credit for first time home buyers who purchase a home before July 1st and are waiting to hear what the stimulous package will offer as well. The conditions to buy simply couldn't be much better. Contrary to popular belief, lenders are lending money. You do need steady employment, a reasonable credit rating and as little as 3.5% downpayment for FHA and 5% for Conventional financing. Don't look back wishing you would have...when we can show you how. Give us a call to see if the time is right for you 816-875-1661.
Friday, January 30, 2009
Value Range Pricing
January's Real Estate Corner Question:
Q. I’m looking for a larger house and will be selling my current home. I keep seeing “Value-Range Pricing.” I’m confused. What is Value-Range Pricing, and what should I know about it?
A. Value-Range Pricing is a relatively new pricing strategy that is popular in some parts of the country. Typically, most houses are sold when the seller lists their home with a fixed price based on an analysis of similar properties in the area.
Some real estate agents now use Value-Range Pricing as a marketing strategy when selling a home. Instead of a fixed price, a house is listed within a particular price range. For example, a range price of $260,000 to $290,000 would bring in more potential buyers (and potentially more offers) than a fixed price listing.
There are additional terms that can be negotiated beyond the price: closing dates, costs, home warranties, or title insurance. One word of caution: homes that are Value-Range Priced don’t necessarily sell more quickly, or at a higher price, than fixed priced homes.
If you are buying or selling a home and need competent and caring representation, please call me at 816-875-1661!
Q. I’m looking for a larger house and will be selling my current home. I keep seeing “Value-Range Pricing.” I’m confused. What is Value-Range Pricing, and what should I know about it?
A. Value-Range Pricing is a relatively new pricing strategy that is popular in some parts of the country. Typically, most houses are sold when the seller lists their home with a fixed price based on an analysis of similar properties in the area.
Some real estate agents now use Value-Range Pricing as a marketing strategy when selling a home. Instead of a fixed price, a house is listed within a particular price range. For example, a range price of $260,000 to $290,000 would bring in more potential buyers (and potentially more offers) than a fixed price listing.
There are additional terms that can be negotiated beyond the price: closing dates, costs, home warranties, or title insurance. One word of caution: homes that are Value-Range Priced don’t necessarily sell more quickly, or at a higher price, than fixed priced homes.
If you are buying or selling a home and need competent and caring representation, please call me at 816-875-1661!
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