The Clock is Ticking

A User’s Guide to Meeting the 14 Deadlines in the Agreement of Sale

When a property goes under agreement, Buyers and Sellers typically breathe a collective sigh of relief.  Real estate agents on the other hand know that the true work is just beginning.

If a standard PAR (Pennsylvania Association of REALTORS®) agreement of sale is used in a transaction, there are 14 deadlines that must be met in order for the parties to be in compliance with the terms of the agreement.  Missing any one of these deadlines can have dire consequences to the party that fails to live up to their end of the bargain. Continue reading

The Home Selling Process

What does it take to get your home SOLD in this market?  Click on the infographic to follow the process.

the-home-selling-process-infographic

All the best!

So You Want to Buy a Home?

Let’s face it, if you’ve never bought a home, the process can seem a bit daunting.  And even those home buyers who have been through the process a couple of times will find that it has become more time-consuming and complicated.  So for the benefit of those who are thinking about buying a home, I present you with the top 10 most frequently asked questions posed by buyers who are totally confused.

1.  WHERE DO I BEGIN?

ANSWER:  Meet with a lender.
I know, I know – you want to look at homes.  And lots of them.  Meeting with the numbers guy or gal is not high on your priority list.  But do yourself a favor; get pre-approved for a loan first.  It costs nothing, takes only a couple of minutes, and you’ll be better equipped to make a solid offer on a home that is backed up by a pre-approval letter.  If you overlook this initial step, you run the risk of wasting lots of time looking at the wrong priced properties not to mention, making offers on properties that you’ll never be able to purchase.    Continue reading

How to Deal With a Low Ball Offer

You just found out from your real estate agent that she’s coming over to your house this evening to present you with an offer.  The offer is from a buyer that had been to your house three times over the last several days.  With each showing you got more and more excited and made sure your home was staged properly.  You start thinking about that condo along the eastern seaboard where you’ll be soaking up the sun as soon as you sell your home.  You can almost feel the sand between your toes as you soak up the sun.

Then your worst nightmare becomes a reality – – – the offer turns out to be $25,000 less than your asking price!  Ugh! Continue reading