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Wednesday, June 26, 2013

Home Inspection


Representing Your Seller

As a listing agent and you have a homeowner still living in the home I personally think it is important for the listing agent to be present during the inspection. Sometime issues may arise during an inspection with the buyer and inspector walking through the house. The seller may be present and so therefore you would want to be present too. I’m not saying follow the inspector around like they represent you, but make sure everything is going smoothly with the inspection.

If there is a buyer that goes through the house and nick picks everything in the presents of the seller can be a problem. I can be the problem solver for any incident. We have to remember that sellers are normally emotionally attached to their home.  Even when I was selling my home and I have about two items they wrote up to repair and I was like, “No Way”. But I had to make the decision, “Will this make or break the deal”. Deal, that what a lot of people want and even want to believe they are getting. So a lot of times it works better if your seller is going to be present for the inspection, then you the representative should be present too.

I just believe its good to be present at least during the inspection to ensure everything runs smoothly with the inspection and there isn’t any buyer or seller issues.
http://www.youtube.com/watch?v=SSe6gGZ0_Js

Thursday, June 6, 2013

New Construction

                                  New Construction Issues

I was disappointed with one of our local builders. Closing was set for a certain day, but it didn’t happen because of the final appraisal report that was due before closing.  That’s fine and I have no problem with that because that’s out of every ones hands. What I do have a problem with or what I was happy about was we did our walk thru with the builder’s rep on a Monday and closing was scheduled for Thursday. So tell me why on our walk thru and hour before closing were the same existing issues still present. Ridiculous to say the lease…….touch up paint was still needed, door stoppers, jets with the Jacuzzi not working, etc. How easy is touch up paint and why not complete it.  The Builder’s Rep said well they weren’t closing when expected so we stopped everything (That’s the wrong answer).

I told the builder rep, you want my clients to sign and the repairs aren’t complete. On top of that it ended up being a Friday and if wasn’t funding today then we wouldn’t get the keys until Monday. Who wants to have this issue when they could just wait until Monday to sign. If we waited then they wouldn’t have a mortgage payment until August 2013.
 
http://jmorrison.killeen-homesearch.com/

Thursday, May 23, 2013

Why I Sell Marketable Houses


3610 Armstrong County Court, Killeen Tx for Sale

I love selling houses and what I like selling even more is marketable listings. I have a new listing that is gorgeous from the ceiling to the floor. 
This is one:
Hey potential Home Owners stop your car and bring your family and friends to this lovely three bedroom two bath home. This home shows remarkably well and is in a very desirable neighborhood. The home owner took great pride with the beautiful upgrades they completed. This home has Laminate Chestnut Hickory Wood Floors, Chair Railing throughout the living room, Ceramic Tile Floor and Backsplash, Marble Countertops in the Bathrooms, New dishwasher, Marvelous Cortes Sink, New Carpet in the Master, and Double Sink with a wonderful Mirror to match. The owner spared no expensive in remodeling, so New Construction needs to keep up with this home.

This home is ready to Sale.

Monday, May 20, 2013

Getting a VA Foreclosed Home Appraised

                                  Having Your Home Appraised

I just finished having a VA Home appraised and to my surprise it needed to be re-inspected for repairs. The house needed to be re-inspected by an appraiser because of the fence and outside paint. The inspector said the house needed to be completely re-painted on the outside. The house was already negotiated 20% below market value. VA wasn’t going to do the repairs unless the price on the house was going to be re-negotiated (increase the price). So the repairs needed to be negotiated outside of closing.

This seems as though this is becoming a trend and more and more foreclosed homes are having issues with the appraisal and foreclosed means the property is selling as is without any repairs.

Monday, May 6, 2013

Budgeting For a New Home

It’s important when you’re in the market to purchase a home that you’re shopping within your budget.  Your lender may qualify you for a big purchase amount, but it’s up to you to make sure that your future mortgage is an amount that you can handle due to unforeseen issues.
It’s important for any future home owner to watch their budget and ensure you can handle the electric, telephone, cable, water, gas, and etc. Also think about your resale amount for future sells as well.

Wednesday, April 24, 2013

Listing Your Home

Listing your home with tenants living in it isn’t easy. When you have your house for sale and there are tenants living there is harder to sale than the owner living there.

One reason it isn’t easy is because the tenant is required 24hr notice. Also the tenant may not care if the house sales or not. Another thing is you don’t know what the house will look like when it is shown.

Is the house clean, free of clutter what does the floor look like, the yard, the rooms, and the kitchen. Are there a lot of things that need to be repaired? If there are I guarantee the tenants will say what’s broken before they say what works. Sometimes the tenant may not want to show the property (as is the case when some owners live in the house).

In some cases you have tenants that will cooperate and do a very good job keeping the home clean and don’t mind showing the property which is excellent.

Tuesday, April 16, 2013

VA Offers and Contracts

This is my first time with VA taking 2 full weeks to agree on an offer.

OK, yes we under bid on the initial offer and went back and forth with VA about twice. Afterwards we said to VA this is our “Best and final offer”. So guess what happen after that. VA accepted everything. The second week it was back and forth with paperwork. The wife was on the offer and had to come off. I was missing one of the addendums. Next they added a new Lead base form and the house don’t require a lead base paint form.  Then it was the quality of ink that didn’t meet their percent rate. So I needed to track down my client to make it a little me convenience for them and hand carry the forms to the listing agent so that it didn’t take any longer than necessary.
 Killeenhomebuyer.com