I need to sell my home before I can buy another, but I don’t want to have to move twice. What can I do to avoid this problem?

Most buyers are arranging a home equity loan to help them avoid moving twice. They can put their home on the market after they have identified the home they want to purchase. Contact your lender for specific information, or see us for a referral list. Usually, a buyer can use this tool to make a non contingent offer which improves their chances of having an offer accepted in our current market conditions.

How can I compete when there are multiple offers placed on a property?

It is common, especially in the most active price ranges, for there to be multiple offers on a property. For some buyers, the biggest hurdle is simply getting the offer accepted. Randy Jones is a seasoned professional with an excellent track record for getting offers accepted. The more you tell Randy about your particular situation, the better he can help you prepare an offer that will win out in a multiple offer situation.

What costs are associated with purchasing a property?

The seller carries the burden of paying most of the costs associated with the sale of a property. Typical buyer costs include any cost associated with their loan, their share of escrow expenses, title insurance and homeowner’s insurance, along with other miscellaneous fees. If the lender requires impound accounts, that money will be needed at closing also. The typical buyer costs vary depending on the buyer’s particular situation. Randy can consult you prior to making an offer to help you keep all buyer related costs as low as possible.

Who pays for the Realtor’s commission?

The typical Realtor is not paid a penny until escrow closes, which means the buyer and seller have completed the transaction and title passes from the seller to the buyer. At this time, the Realtors’ commissions are deducted from the seller’s proceeds and distributed according the Realtor’s contract with their individual Broker. Realtor’s are generally independent contractors and are responsible for paying all costs associated with assisting a buyer and are not typically reimbursed for expenses from their broker.