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Thinking of building a new home or complex? Will you use an architect
or a building designer? Both are involved in the design of buildings –
their appearance, layout, structure, and so on. But what’s the
difference? The simplest difference is a legal one. To be called an “architect” in
NSW, you have to be registered with the Board of Architects of NSW. The
title “building designer” can be used by anyone designing buildings.
Follow a few simple guidelines, and marketing your own home can be easy. And it will save you thousands. The recent property boom has a lot of people thinking of selling.
Unfortunately, the costs of selling can really eat into your profit.
There’s nothing we can do about stamp duty, but one cost we can avoid
is real estate agent fees. By selling your house yourself rather than
paying a real estate agent, you can save you around $20,000 on a
$500,000 sale.
Whether you are selling a house, townhouse, condo or apartment, there
are universal tips that will help it sell. Primary among those tips are
making sure your home “shows well.”
What can go wrong? About a gazillion things, but this is true if you’re
working with a broker, too. A broker is probably more experienced than
you, and may well have confronted and solved your problem on a previous
home sale. If you can stay calm and think under stressful conditions,
you can be your own problem solver without the need for a broker. Plus,
there is no guarantee the broker will get it right.
How do you decide whether to sell your home (or land, farm, ranch,
etc.) on your own or use a real estate broker? There are pluses and
minuses to each approach. Let’s look at some of the key ups and downs.
Only you can decide which approach has the most pluses in your
situation.
So, you’re selling your home (house, townhouse, condo, apartment, land,
lot, farm, ranch, etc.), what can go wrong? The sad fact is that a lot
of things can go wrong. However, don’t despair, there are almost as
many solutions as problems. In this article, we look at problems
related to pricing and a buyer’s inability to get a loan.
If you’re selling your home, there are going to be difficulties at some
point in the transaction. Some problems can’t be fixed. It’s important
to figure out whether yours are fixable or not. Then you can either fix
them or move on and find another buyer. If it’s priced appropriately,
there’s a buyer out there for virtually every property.
When you’re selling your own property, whether it’s a house, townhouse,
condo, apartment, a finished lot, raw land, a farm, a ranch, or
whatever, the first thing to get right is the price you ask for it. If
you work with a broker, the legwork is done for you. When you work as a
FSBO (for sale by owner), you need to figure it out yourself. Let’s
look at how to do just that.
You’re ready to put your home or land (house, townhouse, condo,
apartment, farm, ranch, finished lot, raw land, etc.) on the market as
a FSBO (for sale by owner). You’ve priced your property appropriately
and gotten it ready to show. How are you going to market it so that it
gets exposure to enough potential buyers to actually sell?
It’s amazing how important the sense of smell is to many people. If
you’re selling your home, and this applies across the board to houses,
townhouses, condos, apartments, or whatever, you need to be aware of
the power of odors. An odor like cigarette smoke can cause potential
buyers to leave quickly without ever really considering purchasing your
home. On the other hand, an odor like that of bread baking can conjure
up all sorts of homey feelings and cause the same potential buyer to
linger.
Most people who set out to buy a home, be it house, townhouse, condo,
apartment, or mansion on a hill, know they need to have a lender letter
in hand saying they are qualified for a loan. What most “civilians”
(people not in the real estate business) don’t realize is how much the
value of a lender letter varies.
When house hunting, many buyers make the mistake of waiting to contact
a lender until after they have located their dream home. As a buyer,
you will be in a much stronger position with a seller if you are
pre-approved.
Any Sally and Sam Homebuyer can look at a home and decide whether it is
attractive. They might notice it is freshly painted in pleasing colors,
has the requisite number of rooms, a cook’s kitchen and is located in a
location with top schools. But what about less obvious parts of the
house?
To avoid “buying a pig in a poke,” buyers have long demanded the
closing on a home purchase be contingent upon a satisfactory inspection
by a home inspection firm. In many parts of our country, we’re now
experiencing a strong sellers’ real estate market and sellers often
receive more than one purchase offer on the same day for their home. In
this environment, buyers are rethinking the home inspection
requirement. Is this a good idea?
The home selling and buying process can be confusing, particularly when
it comes to figuring out what items stay with the home. This is
especially true when it is a FSBO (for sale by owner) operation. It’s
even tougher when neither the seller nor the buyer is in the real
estate business. This article sorts out what personal property stays
with the home when it is sold.
When buying a home, it can be easy to overlook year-around weather
issues. You may think you are purchasing a home in a sunny area, but
come to find there is always a heavy cloud cover. This is just one of a
number of weather issues to consider when selecting your dream home.
Renters are often in a quandary as to whether it makes sense to
continue renting or buy a home. Buying a home makes more sense,
particularly when taking a long-term view. Yes, even in the current hot
real estate market.
You’ve found the perfect home, closed escrow and just finished moving
in. As you happily fall asleep, all seems well in the world. An hour
later, you bolt up in bed to an ear splitting sound. All is no longer
well in the world.
Title to a property is a record detailing the owners of the property
and rights associated with the ownership. Title typically shows a
progression of ownership from the first owner to the current one. Title
is a fairly simple concept, but when it goes wrong it is a nightmare.
That is where title insurance comes in.
If you are in the market to purchase a home, it can be easy to fall in
love at first sight. Do so at your own risk. While the overall
appearance of a home is important, the quality is in the details. In
this article, I provide a checklist of window issues you should
consider when viewing a home.
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