From the pros
Buyers - Theresa Mason, MIG Real Estate
Theresa Mason, MIG Real Estate[/caption]
“On Oct. 3, new laws governing lenders went into effect, which means some big changes for consumers and professionals in the real estate industry. The biggest change comes in the form of the documents that buyers will receive prior to closing and the amount of time these buyers will have to review the documents. The new guidelines are positive changes for buyers; however, as with all things new, adapting to the changes will take time. Buyers who will be using financing to purchase a home should expect the closing process to take about 45 days, instead of 30, as it has been in the past.”
Sellers - Diana Squires, Keller Williams Realty
Diana Squires, Keller Williams Realty[/caption]
“You only have one chance to make a first impression.’ [Those are] wise words and so very important in selling real estate. Homes that have been cleaned, decluttered, spruced up and properly staged are more likely to sell because the prospect can focus on the beautiful details of the home, such as room arrangement and flooring, instead of being distracted by a particular odor or piles of personal items left. So many buyers have no accurate idea of the cost involved in flooring changes and paint, which usually results in their overestimating the cost of those improvements. In their eyes, a dated and cluttered home may be overpriced for the current condition.”
Theresa Mason, MIG Real Estate[/caption]
“On Oct. 3, new laws governing lenders went into effect, which means some big changes for consumers and professionals in the real estate industry. The biggest change comes in the form of the documents that buyers will receive prior to closing and the amount of time these buyers will have to review the documents. The new guidelines are positive changes for buyers; however, as with all things new, adapting to the changes will take time. Buyers who will be using financing to purchase a home should expect the closing process to take about 45 days, instead of 30, as it has been in the past.”
Sellers - Diana Squires, Keller Williams Realty
Diana Squires, Keller Williams Realty[/caption]
“You only have one chance to make a first impression.’ [Those are] wise words and so very important in selling real estate. Homes that have been cleaned, decluttered, spruced up and properly staged are more likely to sell because the prospect can focus on the beautiful details of the home, such as room arrangement and flooring, instead of being distracted by a particular odor or piles of personal items left. So many buyers have no accurate idea of the cost involved in flooring changes and paint, which usually results in their overestimating the cost of those improvements. In their eyes, a dated and cluttered home may be overpriced for the current condition.”
