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A list of power tools that women should have in their toolbox for general home repair and emergencies
There's a running joke among my friends that the odd jobs never
get done around the house because the man of the house can't do
it without the right power tools - which he hasn't bought yet.
Most women, on the other hand, have never met a nail...
Basement Remodeling Starts With Permanent Waterproofing
Basement remodeling can add lots of extra living space to your home but beware; basement water leakage could put a real damper on your hopes if not properly corrected.
There are two conditions you must address for a dry basement, actual water...
Do-it-Yourself Roofing, Is it Advisable? Some Tips and Guidelines.
Many do-it-yourselfers pride themselves in their handiwork, you can just see their garages filled to the brim with tools for those all around jobs. But ask any of them, installing roofs or repairing them is an unexciting and trying job, but someone...
How to Winterize your Home
With the ice and snow reaching into the southern states this
winter, is your home protected?
In the winter months, freezing rain and snow may cause damage to
many homes across the country. With the high rise in cost for
heating this year,...
Save Money By Keeping Charge Your Personal Air Cooler Working Well
If like everyone else these days, you’re looking to reduce your fuel costs, check your charge air coolers. Also called an intercooler, this component of your engine is essential to keeping your engine fuel efficient. As part of the turbocharger...
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Selling Your Home - Don't Be A Victim
Selling your home can be a complex process. If you make mistakes, you may be unable to sell you home or have seller's remorse. There's no need for this if you keep in mind the following.
Overpricing Your Home
It's important to be realistic about the value of your home. Sellers should insist their realtors present them with objective criteria for pricing. Comparative information is most critical in getting a house priced properly. If you ask for too much, it's hard to ask for less later on in the process.
Not Displaying Curb Appeal
You don't have to invest thousands of dollars into redecorating your home. But there some basic steps you must take to present your house in the most positive light.
Overdoing Home Improvements
Don't go overboard staging your home. It should feel warm and inviting. Grass should be freshly cut, plant some flowers, organize the home's interior, rid the home of foul smells and apply new coats of paint to all walls and doors.
No Understanding The Buyer's Offer
Carefully reviewing and understanding the offer or purchase contract is imperative. Here are a few things to look for:
1. Has the buyer agreed to put down a significant deposit?
2. Has the buyer asked for some credits to cover loan costs?
3. Is the offer contingent upon the owner selling his or her present home? If so, how is the selling process transpiring?
Home Inspection
Have general inspections done in advance. Even though buyers will often have the house inspected again, it's best to prepare for any potential problems.
Withholding Information
While it is tempting to hide or fail to mention the snafus of a home for example, it’s a the hotel for cockroaches or located in an area that's prone to floods or earthquakes, canyon fires, it is best to give buyers full disclosure. This kind of information can greatly
affect the value or desirability of the property.
Be Objective:
While you may think your pink walls or roman columns are fabulous, it is best to keep that opinion to yourself.
Poor Realtor Communication
Sellers should take a pro-active approach to the selling process and not rely completely on the realtor. Sellers should insist upon regular updates about the house and never assume the realtor has taken care of everything. It is the seller's responsibility to ensure everything is running smoothly.
Investigate Buyers
Once you have an offer on the table, it is imperative to secure letters of prequalification or loan approval from the buyers. These letters should not only state that the buyers’ credit has been checked but also that it was acceptable to the lender. Also, it's important to ask buyers to complete a loan application and submit it to their lender within a few days after acceptance of the offer.
Closely Read Closing Statements
Cautiously review the closing statement, including the loan balance, repairs and other expenses detailed there to avoid last-minute surprises or errors. Make sure you get an estimated statement a few weeks prior to closing and compare the final statement to the estimated one.
If you follow these steps, you will go a long way towards avoiding being a victim in the home selling process.
About the Author: Dan Lewis is a mortgage broker with http://www.gwhomeloans.com - San Diego mortgage brokers providing home loans and refinances. Visit http://gwhomeloans.com/services.html to learn more about options for San Diego mortgages.
Source: www.isnare.com
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