Can a Buyer Back Out Of Purchasing My Home?

Can a buyer back out of a purchase for my home.

Often sellers think they are on easy street once an offer is signed and escrow money is in the bank. Simply put, it's not over till the fat lady sings!! There is always risk involved when a seller takes their home off the market for a buyer. While you have done everything possible to put a good transaction together, things happen that can prevent your buyer from closing. It is not over until the closing is complete and the deed is recorded. Can A Buyer Back Out of Purchasing … Continue reading...

Understanding Fair Market Value in Real Estate

understanding fari market value in real estate

At the crux of every real estate transaction underlies fair market value. Of course a buyer wants a great deal on a home, and of course a seller wants the most amount of money they can get for their home. But, att the end of the day most homes sold through the a real estate agent in the Multiple Listing Service will sell for fair market value. Definition of Fair Market Value in Real Estate Fair market value is defined as the most probable selling price for a specific property … Continue reading...

Interactive Floor Plans Help Get Your House SOLD!!

Interactive floor plans are just one of the tools I use to market a sellers home. Most of my moderately priced to expensive listings get an interactive floor plan to be used on the MLS, property websites and more.... as another virtual tool to help get your home sold in today's real estate market. What are the benefits of an Interactive Floor Plan Provides the potential home buyer with a true sense of the space that your home offers that cannot be felt from photos alone Links provided to … Continue reading...

Top 5 Showing Tips to Sell Your Home

I have put together a list of the top 5 showing tips to sell your home. It is important to make the most of every showing, every potential showing means a potential offer. You don't want a missed opportunity because you were unprepared. 1) Curb Appeal The first impression the home buyer gets of your home is usually the lasing impression. Don't turn them off before they hit the front door. Start from the street and enter like a buyer would if you can't be objective have a friend do it for … Continue reading...

Re-listing your home- THE DREADED EXPIRED LISTING!! Part 1

Re-listing Your Home! Avoid being an EXPIRED LISTING again!! It’s happened! Your listing is about to expire and your home hasn’t sold. The initial listing period agreed upon between you and your real estate agent has expired. As expected you are probably disappointed and frustrated because your home did not sell and you are wondering what to do next. Stay calm; it’s not the end of the world! There are strategies that can help you sell your home. For starters, don't panic. You … Continue reading...

What Makes a Successful Home Sale- Haverhill Massachusetts

I just closed on 3 Greenhill Farm Road in Haverhill. The sellers of this condominium unit approached me back in early March to discuss the sale of their condominium. One of the things that made this sale successful was that they contacted me months before they were ready to list their home for sale. At the first meeting we talked about a pricing strategy and what we needed to do to prepare their home for the market place. We spent hours over the next couple of months discussing the … Continue reading...

Control- Sellers What Can and Can’t You Control? Home Seller Advice

What can Massachusetts Home Sellers Control?

Are you a home seller getting ready to put your home on the market? It is important to know what you can and can't control during the home selling process. There are plenty of aspects of the home selling process you can control. But realize there are just as many that you can't. I recently had a home seller in Andover MA who had a hard time understanding that up to a certain point you have no control how a buyer perceives your home. There are … Continue reading...

How to Have a Successful Home Sale

Any home can sell in any market, if you line up what I call the 3P's of Home Selling. The 3P's consist of: Preparation- What are you prepared to do to your home to make it stand out from the crowd? Pricing- The most critical piece and must be looked at very carefully without pricing your home properly there is no amount of pricing or presenting that will sell your home. Presentation- What the agent does to put the most positive spin on your home and expose it to the most amount of home … Continue reading...

Sellers Be Prepared to Close on Time!!

I recently was involved last minute in a real estate closing for an agent that works for our office. Our agent called me at the closing table to say their was a problem with the closing. The home seller was not moved out and house was not cleaned to meet terms of the Massachusetts Purchase and Sale Agreement. This is an issue I run into once in awhile with home sellers, no matter how much I push, home sellers will occasionally leave junk behind, are still in the middle of moving or have … Continue reading...

The Move Up Home Buyer

One thought thrown around by home sellers is... I will wait until my home was worth 5 years ago before I purchase a new one. Seems to makes sense.... or does it? On the surface it probably seems to make sense for many Massachusetts homeowners that are looking to sell their home and buy a new one. I would like to show you why, you might want to reconsider. Selling your home in a down market or buyers market to purchase a larger more expensive home can make a lot of sense from a financial … Continue reading...