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Updated:
Wednesday, February 20, 2019
Important Things To Know About Home Inspections
Written By: Realty Times Staff
1. You can choose your home inspector.Your real estate professional can recommend an inspector, or you can find one on your own. Members of the National Association of Home Inspectors, Inc. NAHI, must complete an approved home inspector training program, demonstrate experience and competence as a home inspector, complete a written exam, and adhe...
Question continued This case has four homes sharing common walls between them and all under one continuous roof. The roof is at replacement age and should definitely be replaced within the next year as it shows heavy wear per a contractor that made minor repairs. The 4 owners involved were approached, 2 owners agree that it should be replaced, o...
Such volatility has been rare over the past year or so but thatrsquo;s how rates can be higher in the afternoon compared to earlier in the day. What consumers also may not know is that mortgage rate quotes mean little until yoursquo;re able to lock that rate in.Years ago, a borrower could call up multiple lenders over a period of time and not on...
Many private lenders may choose to fund a junior lien where the first mortgage is >In looking at a foreclosure, a lender has to strategize. In the case of the second mortgage, it is imperative that the first does not foreclose out the second as there is usually nothing left over from the foreclosure to pay the second. In California, the foreclos...
Lets start with Apple and Samsung. Apple distinguished its products by going white when other hardware producers had black or metallic casings. Samsung imitated the success of Apple products by copying their interfaces, then took the inside lane by creating a bigger viewing screen. So what does that have to do with selling a home? Here are three...
Modernize FixturesReplacing outlet covers can cost less than a dollar each, but if they have paint or other things on it, its a good change. While youre at it, consider updating the outlets themselves. For about 25-30 you can buy an outlet that also includes two USB charging ports. With all the smartphones, tablets and other electronic devices l...
License RequiredState licensing law requires anyone acting as a broker or salesperson to first obtain a real estate license this involves taking real estate >Common examples of violations would be a misrepresentation, false advertising, undisclosed dual agency, secret profits, and commingling of client monies.An agent is one who represents anoth...
Develop a communication system.A frequent complaint of members is not being kept informed. To draw out volunteers, itrsquo;s critical that they know whatrsquo;s going on. Also, some members develop a suspicious nature about board motives when kept in the dark. Suspicion breeds volunteer resistance. The board should strive to do business transpar...
Well therersquo;s an oversimplification. While we await a follow-up sometime NEVER saying the home has been sold, without a Realtor and for asking price, we thought it was a good time to examine again why itrsquo;s not a good idea to try to sell your own home. It just so happens that the National Association of Realtorsrsquo; NAR 2018 Profile of...
According to a US Census Bureau report, 12.6 percent of non-institutionalized Americans were living with a disability in 2015. While your situation is a unique one that requires special attention, you are certainly not alone. However, the average home might not be the right dwelling for you. Instead of staying in a place thatrsquo;s not suited t...
ldquo;The first thing most lenders look at when you want to buy a home is your credit history. Most people have traditional lines of credit such as credit cards, auto loans or a current mortgage that form a track record of how they manage debt,rdquo; said NerdWallet. ldquo;But if you have no credit history or whatrsquo;s sometimes called a nontr...
Yet just checking that box isnrsquo;t enough for a lender to verify the applicant is eligible for this special program. Instead, the lender contacts the VA directly the borrower can but it takes too much time and asks for eligibility. This eligibility is verified by receiving a copy of the applicantrsquo;s Certificate of Eligibility.The certific...
ldquo;The share of homebuyers in the U.S. who are single women has been steadily increasing over the last several decades and is now at an all-time high,rdquo; said WTOP. Ralph McLaughlin, chief economist at Veritas Urbis Economics, told WTOP that, ldquo;In the early 1980s, it was about 9 percent. Itrsquo;s about 19 percent now, so almost one-fi...
Our legal documents require our Board approve an expenditure before it is incurred. For this reason, I am asking you 1 Do you think that the board should proceed with a legal opinion of our procedure for hiring contractors to work on our Common Element? 2 Can you give us an estimate of the cost that we would incur for you to proceed with this ma...
When intent on delivering real estate services rated ldquo;excellent,rdquo; itrsquo;s not only what goes right that counts.How you explain what you do and what clients can expect from you is an essential and valuable part of excellence.What term do you use to describe and define your level of expertise and service delivery? If you donrsquo;t con...
According to studies, 26 of people view their home once before buying it, while 43 viewed the property twice, 21 three times and 11 four or more times, proving that most house buyers feel the need to go back multiple times to make sure the house is right for them.RubberBond have acknowledged how frustrating this can be, and have come up with a f...
The color scheme of your home, from the outside in, sets the tone. Its like going to see a theatre play and seeing an intricately crafted and appropriately painted set for the production. It can immediately intrigue youndash;before the play has begun and even if you know few details about the play.When it comes to color, be sure to consider the ...
For sellers within the residential and commercial real estate industries, clean, fresh smelling air translates into a positive first impression for potential buyers, and Air-Scent, a global leader within the ambient air-care industry, offers many odor control and commercial-grade air freshener solutions to help sellers and realtors transform the...
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