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Earl Krakower |
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Overview of the Buying Selling Process |
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9. Inspections 10. Title Search 11. Appraisal 12. Loan Approval |
14. Documents Recorded 15. Funds Available To Seller |
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Preparing your home through the eyes of a buyer... |
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The effort put into repairing and cleaning your property is likely
to be returned in a fast sale at an attractive price.
Often, while waiting to be let in, the first thing a buyer looks at closely is the front door.
The kitchen is often the most important room in the house. Make it bright and attractive.
It is important that bathrooms are clean, bright and smell fresh.
The living room...
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Repair Cleaning Checklist |
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While Your House Is Being Shown...
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What is title insurance? Title insurance protects the named insured against loss because of defects, liens, encumbrances, adverse claims or other matters not shown or disclosed to the new owner that attach before date of policy. What is a wood-destroying organism inspection report? A wood-destroying organism inspection report is a written opinion by a qualified state licensed structural pest control inspector based upon what was visible and evident at the time of inspection. The inspection report does not in any way represent or guarantee the structure to be free from wood-destroying organisms or their damage, nor does it represent or guarantee that the total damage or infestation is limited to that disclosed in the report. Wood-destroying organisms include subterranean termites, damp wood termites, carpenter ants, wood boring beetles and wood decay fungus. What are the hazards of lead-based paint? All buyers and sellers are required by law to receive and read a pamphlet outlining the hazards of lead-based paint for homes built before 1978. Be sure to ask your real estate agent for a copy. What are closing costs? Closing costs are an accumulation of charges paid to different entities associated with the buying and selling of real estate. For sellers, they are usually about 9.5-10% of the total sales price of a property. Some of the closing costs you might encounter are: discount points, escrow fee, documentation fee, homeowners' association fees, pest/rot inspection, real estate commission and title insurance premium. What is the difference between "pre-qualified" and "pre-approved"? If a buyer is "pre-qualified" it has been determined, with a loan officer, what price the buyer can afford based on the down payment, debts and the amount the mortgage company will approve for the mortgage. Being "pre-qualified" is only a determination of probable credit. If "pre-approved", credit, employment and funds have been approved by the lender. What should a home inspection include? Every inspection should include, but not be limited to, an evaluation of the following:
* There may be an additional fee for this. What property details are usually included by Listing Services? Usually, properties listed will include the following details:
What pages are generally included in the Purchase and Sales Agreement?
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Earl Krakower is licensed in New Your State-#63421. Earl's service area covers Monroe and Ontario Counties, Including Rochester, Brighton, Canandaigua, Fairport/Perinton, Greece, Henrietta, Mendon, Penfield, Pittsford. Webster and Victor.
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Krakower, all rights reserved
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Krakower Potter
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