Believe it or not, when selling your home, no one makes more of an impact on a successful sale than you. A great Realtor will have a solid plan for attracting buyers, but without your cooperation, those showings won’t translate into offers written. Here are some important home showing tips that will contribute to a …
Whether you’re buying or selling real estate, how do you know what’s included in the sale of a house? Presumably, you’re buying or selling the house itself and the land on which it sits. But what about the fancy refrigerator, home theater, or smart thermostat? It depends. Typically, anything “permanently attached” should stay. However, it …
What’s An Escalation Clause? The greater Kansas City metro is still a seller’s market. Currently, it’s still very common for sellers to receive multiple offers on their house. When that happens, it’s common to see offers that include an Escalation Clause, also known as an Escalatory Addendum. Simply put, an escalation clause states a buyer …
What is a Home Warranty? A home warranty covers things that your standard homeowner’s insurance policy will not cover. Smart buyers and sellers can look to home warranties as a hedge against unexpected, and often expensive, repairs. A seller can purchase a 6-month warranty for $350-$500. When the house is sold (within that 6-month period) …
Contrary to popular believe, major remodeling projects are not always a good investment. That’s not to say making improvements won’t increase the value of your home. However, it’s important to know there is a difference between cost and value. This is one of the most common misunderstandings in real estate. People want believe that they’ll always …
Cost vs Value: Market Value When purchasing a home, it’s important to understand the difference between cost vs value in real estate. In other words, asking price doesn’t determine market value. The best way to illustrate my point is with an example like this: Buyer #1 pays $350,000 for a house that was listed for …
How Successful Are ‘For Sale By Owner’ Sellers? If you’re thinking about selling your house, you may ask yourself: “How successful are ‘For Sale By Owner’ Sellers? Could I sell my house myself and save the commission?” If that’s you, here’s some information you may find interesting: According to The National Association of Realtors’ annual …
First-Time Home Buyer Assistance…Available in Kansas If you’ve considered owning a home, but didn’t think you’d qualify…don’t assume you need a large down payment and ‘perfect’ credit to purchase a home. Many first-time home buyers assume they have to have a 15-20% down payment to purchase a home. This simply isn’t true! According to The …