Sellers Responsible For Recalled Furnace In Sold Home?
Home sellers received a letter that the furnace in their sold home has been recalled. If a product is recalled, typically the company that manufactures it will repair or replace it. The contract will determine if the buyer or seller is responsible for getting the recalled furnace fixed.
Listing In MLS Without An Agent
A home seller is selling by owner but having trouble listing the home in the local multiple listing service (MLS). Several for sale by owner companies provide the option to be included in multiple listing services.
Selling a timeshare can be difficult and and stressful and may never happen. Try Internet resources to help sell your timeshare. You may have to discount the price drastically to sell your timeshare. Consider options like giving your timeshare to a charity instead of selling your timeshare.
Seller Disclosure: Buyer's New Home Has Broken Furnace
What is required under seller disclosure? A few months after buying a home, the new homeowners realize they need a new furnace. but seller disclosure didn't indicate that there was anything wrong with the furnace. Ilyce asks if the homeowners had a home inspection prior to closing, and takes them…
Seller Disclosure: Noisy Neighbor?
Does seller disclosure include telling your real estate agent about a noisy neighbor? Ilyce explains with seller disclosure, if you are asked about neighbors, you should answer honestly. But, seller disclosure does not mean that you have to voluntarily tell a buyer or real estate agent about the…
Personal Finance Information Disclosed To Real Estate Agent: What's Required?
What kind of personal and finance information is a seller required to disclose to their real estate agent? A seller wants to file a complaint about a real estate agent who has not been returning her calls. The seller says she did not tell the real estate agent that she was getting a divorce, but…
Selling a home is complicated. There are many issues to deal with when selling a home, some common and others not. Here are some obstacles sellers face when selling their home, along with solutions.
An ex-husband and ex-wife are selling a home they own together, but the ex-husband will not make the house presentable for sale.The ex-wife has a right to make sure the home is presentable for sale. But the ex-husband may try to make it difficult for her and the real estate agent to view the home…
Real Estate Agents: Offering Comparative Marketing Analysis Good Business
Most real estate agents offer comparative marketing analysis to potential clients for free. It's good business for real estate agents to offer a free comparative marketing analysis, because if a person is selling their home, they will be in the market to buy a home as well. By offering a free…
Buying A For Sale By Owner Home
When you're buying a home you want to get the best deal you can. Will buying a for sale by owner property save you money? What should you look for when buying a for sale by owner property? When you're buying a property that the owner is selling himself, you should make sure the property is priced…
Seller Disclosure: Landscaping Problems And Legal Dispute
What is the law on seller disclosure, if a homeowner discovers soil erosion problems with the landscaping after buying the home? A professional landscaper tells the new homeowner that the old home owner never fixed the initial problem of soil erosion with the landscaping, but never told the new…
Sell Your House Faster With New Paint
A new paint job is an easy, inexpensive way to give your house a facelift before placing it on the market. A fresh coat of paint in a room like a bathroom can help sell your home faster. Whether you do it yourself, or hire a handyman, a paint job will be quick, and give you a lot of value for your…
Home Buyer Incovenienced By Seller Living In Home Past Closing
Home buyers must make sure the seller has vacated the home by the closing and before money exchanges hands. Otherwise, the home buyer may be inconvenienced by a seller who does not act in good faith and may try to stay in the home past closing. Home buyers make themselves financially vulnerable if…
Seller Disclosure: Home Buyer Finds Flood Damage After Closing, Seller To Blame?
A home buyer discovers the home she bought has flood damage after closing and moving in, but nothing was indicated through seller disclosure. Now the home buyer is trying to determine if she can sue the seller for not disclosing the flood damage before closing. Ilyce explains that in order to sue…
Home Buyer's Decision To Buy House As Is If Home Seller Refuses To Pay For Home Repairs
A home seller refuses to pay for any repairs and did not accept an inspection contingency on the offer. The buyer wonders if the seller can be made to pay or if the real estate agent can kick in some cash for the home repairs. The buyer must decide if he wants to buy the house as is if seller…
Selling House With Lottery Leads To Fraud Risk
It's illegal to hold a lottery to sell a house, even though with the financial crisis it might seem like a good option. The reason it's illegal to use a lottery to sell a home is that it could lead to fraud -- it's hard to know who owns the home, who won the home, who has the right to give away the…
Professional Home Inspectors Save Home Buyers Future Grief
Home buyers should spend the money and hire a professional home inspector before buying a home. A professional home inspector have a better chance of finding flaws that the seller may omit on a seller disclosure form, leaving the home buyer with additional expenses in the future. Home buyers who…
Home Buyer Finances Property Bought For Sale By Owner Through Seller
A home buyer bought property for sale by owner and wants to know how much to expect the seller to charge for interest, and for financing. Ilyce suggests hiring a real estate attorney to make sure the sale by owner proceeds smoothly and the home buyer gets charged a fair price. Ilyce also suggests…
Staging Tops List of Home Seller New Year's Resolutions
If you're trying to sell your home in 2009 you may want to check out Ilyce's home seller resolutions for the new year. Ilyce's resolutions include pricing your home reasonably, get multiple comparative marketing analyses, groom your home for visitors and have some goals in mind for how soon you want…
Who's Responsible For Damage Between Inspection And Closing?
Home buyers recently purchased a home that has severe hail damage from a storm between their home inspection and closing. In many states, it is still buyer beware when it comes to buying the home and if the seller did not lie or hide damage to the home, the seller may be off the hook for damage…
Real Estate Agents Sell Homes In Fall, Spring, Summer Seasons
Selling homes is no longer a seasonal activity. Real estate agents now work around the clock nearly every day of the year to sell homes. Ilyce provides home selling tips including staging and home selling price suggestions in this story which discusses selling your home in fall, spring, summer or…
is a complex process. Some buyers are known to try to game the system, especially those selling their homes by owner. A great real estate attorney will help ensure your deal goes through when selling a home by owner.
A seller needs to sell their home fast and has no offers even though it is priced below market value. A comparative marketing analysis may be helpful in figuring out how long the average home in the neighborhood is sitting on the market. Looking at the real estate agent's performance might give some…
Home Buyers And Sellers Should Use Real Estate Attorney To Close Housing Deal
Why don't some states, including California use real estate attorneys to close housing deals, and expect real estate brokers to close the deal. Ilyce does not understand why residents in Georgia, Indiana, Ohio, California, and Arizona, to name a few no-attorney states, don't use real estate…
Home Inspector Influences Buyer's Home Purchase Decision
Can home buyers rely on a home inspector and a real estate agent to help a home buyer? Real estate agents and home inspectors work for the seller usually and rely on referrals for business. Home inspectors try to balance the needs of the real estate agent selling the property on behalf of the home…
