Saturday, March 24, 2012

The Seller's Role: How Big Is Their Part?

By Al Heavens
RISMEDIA, Saturday, March 24, 2012— (MCT)—Spring arrived very early this year in much of the country, bringing what traditionally is the best time to buy and sell real estate, even through the downturn. 
Issues of tight credit linger, and median home prices continue to decline, though more slowly.
Yet there appear to be enough positive indicators to push once-reluctant sellers into the market.
Among those pluses: record-low fixed interest rates for mortgages and the highest affordability levels since record-keeping began in the 1970s.
For sellers, it is time for real estate theater. The house is the star. The cast includes agents and brokers, home inspectors, title people, mortgage companies, lenders, underwriters, and, obviously, buyers.
What is the seller’s role, and how big is their part?
Full Article/Source:

Good Morning to All on this beautiful, sunny, spring morn in the mountains! This article tells what I have told my sellers - the price has to be right and the home still has to look good. My Sellers follow that direction and make the improvements that appeal to the buyer whilst keeping the price competitive with foreclosures and short sales. BUT, my Sellers have CLEAR TITLES and WARRANTY DEEDS - most foreclosures do not. Buyers must ask themselves "why is this property so cheap?" If you don't see it with your eyes, better read the fine print. Most foreclosures come with an "insurable title" but not a "marketable title" - another reason to have an Agent who is representing your best interest - and that would not be the Bank or their Agent. 

This article is also good news for the buyers, because this will increase the inventory and thus, your options. IT'S A GREAT TIME TO BUY, but a rough time for approval with a bank - before you waste your time or an Agent's time, make sure you are pre-approved for a loan and how much. We have great local banks here that know the value of local property and the strength of the local economy - give them a chance to give you a good deal as well as your home bank.

I look forward to seeing you soon!!!

Thank you, MY SELLERS, you are the best Sellers out there!! Honest, fair, and reasonably priced!

Speaking of honest, I just have to tell you - I have a Seller who had someone contact them directly through the mail to purchase the home "when it expired" and my Seller told him that it will not expire and to contact me, that he would not go around me. The buyer then went to another agent and never made an offer on the home. BUT, I GOT TWO OFFERS ON THE HOME WITHIN TWO WEEKS OF THAT HONESTY AND INTEGRITY from my Seller!

Good still triumphs over evil in the mountains of Young Harris, Hiawassee, and Blairsville, Georgia and Hayesville, North Carolina!!!

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