Archive for November, 2007

Final walk through inspection (part 1)

Add comment November 9th, 2007

The california association of realtors has an as-is clause in the contract that states that the property shall be in the same condition “as-is” was on tne day the buyer viewed the property and wrote a contract. It is differant than the as-is clause that says a home seller will make no repairs. Most homebuyers will include a contingency in the contract that allows them to do a professional home inspection by the home inspector of their choice. This inspection typically happens right after the sales price has been agreed to, usually within a week or 10 days. If the home inspector finds anything wrong in the property or decides further inspections are called for the home buyer will be able to hire a speacailist to figure out if there is an insurmountable physical problem with the property. Assuming those inspections go well, the second opportunity to inspect the property is just before the property closes. What your looking for is not the same level as the initial profesional home inspection. In a pre closing inspection, you simply want to make sure the property is in the same condition it was on the day you agreed to buy it. for more information call “Team Elite” at 925 392-4131

Home (4 sale) for the Holidays

Add comment November 6th, 2007

Many home sellers wonder if they should continue to market their home through the holidays. Beleive it or not this can be a simple decision. One of the first things you must ask yourself is do I/we like to put out a lot of holiday decorations. If you are currently trying to sell your home your agent has probaly told you that to many “things” around the house can be a distraction to a potential home buyer. Home sellers must “de-clutter” so potential buyers can see the house not the stuff. With inventories remaining very high one of the market correcting factors right now would be a reduction in inventory. So if we can reduce inventory over the holidays therefore increaseing buyer pressure, this may lead to a better sellers condition in the spring after the holidays. The inverse of this is that if you keep your home on the market, most likely only serious home buyers are out looking this time of year so if you must sell your home keeping it on the market over the ho;lidays is recomended. for more information call “Team Elite” at 925 392-4131