Ready to sell?
Selling your home doesn’t have to be complicated. I will guide you as quickly and successfully as possible. Even if you’re a first-time seller, I will be there for you.
Selling Your Home
I’m proud to be the real estate agent of choice for those who want a great experience selling their home. I take a “clients-first” approach, which means you’ll be working with a professional who truly listens to you, promotes your listing aggressively, and keeps working until your property is sold and closed.
Personal Consultation
To get started, I recommend we schedule a Personal Consultation. I’ll visit your home, do an assessment of your property, answer your questions, and give you my professional opinion as to how much your home may sell for and how long that may take. This consultation allows us to get to know one another and see if there’s a good fit.
Here are some legal mistakes to avoid
With so many legal issues to consider, your first step should be to seek out experienced professionals to help educate you and represent your best legal interests. Begin with an experienced real estate agent who can help guide you through the initial hoops. S/he should also be able to point you in the direction of a reputable local real estate lawyer to assist you in all legal matters involved in the purchase or sale of your house.
While countless legal details are involved in a real estate transaction, some seem to pose more significant problems than others.
We’ve outlined two legal clauses commonly misunderstood and may cost you money if not worded correctly. Handle these carefully, and you will be on track for a successful sale or purchase!
1. Watch Out for the Home Inspection Clause
Some real estate transactions have been sabotaged due to the wording of the home inspection clause. This clause initially allowed that the buyer has the right to withdraw their offer if the home inspection yielded any undesirable results. However, this allowance was known to backfire, as Buyers took advantage of it, using some non-issue stated in the inspection as an excuse for having changed their minds. Of course, this was unfair to the Sellers, as they’d poured time and money into what they believed was a sure deal. They might have missed out on other offers in the interim, but their house might also now be unfairly considered a “problem home.” Additionally, they’d currently have to shoulder the costs of continuing to market the property. All of this adds up.
In order to remedy this potential problem, the clause should indicate that the seller has the option of repairing any problems the home inspection might point to. With this slight change in the clause, both buyer and seller are protected.
To ensure this clause is fair from one side of the bargain to the other, work closely with a lawyer experienced in these transactions and all the nuances that may affect the outcome for you.
2. Check the Survey Clause
It is the right of a home buyer to add a survey clause to the real estate contract on the home they’d like to purchase. If you are on the selling end of the agreement, be aware.
If you have added an addition or a pool to your property since the last survey was produced, your survey will no longer be considered up-to-date, and the buyer may request that a new one be drawn up—the cost you will incur. The price of this process will run anywhere from $700 to $1000.
Your real estate agent is responsible for providing you with the most recent survey of your home. It is then the buyer’s right to decide if it is acceptable. An experienced agent should offer you reliable counsel, if you encounter an issue with this clause. Still, it is advisable to talk to your lawyer if you’re unsure of the potential ramifications. Remember, the wording of this clause could cost or save you thousands of dollars.
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Selling a home can be stressful. I am committed to answering all of your questions as soon as possible!