Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. All of this demand means buyers are going to ever-greater lengths to make their offer stand out. All of this demand means buyers are going to ever-greater lengths to make their offer stand out. Home inspection. Mold remediation.

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Housing Wire

MARCH 18, 2021

The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver. Housing professionals need to find ways to better meet buyer needs.

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Lamacchia Realty

JUNE 19, 2021

AT A FLORIDA HOME INSPECTION. During the buying and selling process, a home has to undergo a home inspection. Home inspections are used to identify any issues in the home so that the buyer knows exactly what they’re getting into and the seller isn’t selling a home that’s unsafe. Contact Lamacchia Realty to Learn More.

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CA Realty Training

MARCH 22, 2021

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. In this case, the Buyer Inspection Advisory is for the buyer.

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Lamacchia Realty

JULY 10, 2023

With this in mind, buyers need to be thorough and diligent in protecting themselves. The best way you can protect yourself as a buyer is by conducting a thorough inspection of the property. What Buyers Should Do if Defective Drywall is Found Defective drywall continues to be a problem that potential homebuyers face.

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Lamacchia Realty

MARCH 12, 2024

With an expert in their corner, buyers will have a highly skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war. Some buyers send that message with a heartfelt letter showing how much they love the home. Appeal to their emotions.

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Lamacchia Realty

MAY 25, 2021

HOME INSPECTION FINDINGS. So, keep on reading to see some of the most common Florida home inspection findings that you should keep your eyes on, especially if you are going on a home hunt without a home inspector. Bad electrical installations are among the common Florida home inspection findings. . COMMON FLORIDA. Damaged Roofs.

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Lamacchia Realty

JANUARY 13, 2022

WARNING: SCAMMERS TAKING THOUSANDS FROM HOME BUYERS! Over the year, more and more instances have occurred in the real estate industry where buyers have wired funds, either for a purchase and sale deposit or closing funds to a hacker, and have had their hard-earned money vanish into thin air. How does this scam work?

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Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. Time : Unless you plan to take a lot of time off from work, people simply don’t have enough time to do everything necessary to market the property to prospective buyers.

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Lamacchia Realty

JANUARY 23, 2023

Step 2: Check your credit score In addition to a down payment, a first-time home buyer must have a decent credit score. Another important first-time home buyer step is seeking pre-approval from a lender for a home loan. Contact us at any of our Lamacchia Realty offices for assistance; we can help you from start to finish.

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Lamacchia Realty

DECEMBER 10, 2021

IMPORTANT THINGS BUYERS SHOULD KNOW ABOUT THE CLOSING PROCESS. Decide who you want to work with for your inspections, attorneys , and lender, to name a few. Buyer Resources. The post Important Things Buyers Should Know About the Closing Process appeared first on Lamacchia Realty. Additional Resources. Read More ».

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Lamacchia Realty

MAY 9, 2023

One of the most common questions that we are asked is how much money a prospective home buyer needs to have on hand before buying a home. The actual down payment can vary anywhere from 3% down up to 20% or more depending on what program or type of mortgage loan the buyer chooses.

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Housing Wire

APRIL 25, 2024

I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We Buyers are really struggling.” But rising prices are not the only financial challenge buyers are having to contend with right now. We couldn’t even see it. It is not going to slow down.

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Lamacchia Realty

JUNE 28, 2023

Assess The Overall Condition of the House When buying a house , buyers naturally hold certain expectations regarding the condition and overall state of the property. If any of these conditions are not up to the agreed standard, the home buyer can withhold payment from the seller until the issues are rectified.

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Lamacchia Realty

JUNE 8, 2021

A home inspection is a part of the selling process, but you can get your own inspection prior to listing. Get the quote in writing and hold onto it for future buyers. You might think you need to sell your home as-is to a cash buyer to make any money, but that isn’t the case. Negotiate with Buyers. Buyer Resources.

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Lamacchia Realty

AUGUST 20, 2021

It may seem like an uphill battle to compete against an all-cash buyer but that doesn’t mean you should give up. That way you can be ready to win a bidding war by being the most prepared buyer out there! If timing is an issue for the sellers, this is a great option for buyers. Buyer Resources. Additional Resources.

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CA Realty Training

JULY 5, 2021

A buyer can back out of the deal at any given time for many reasons. Here are some of the most common reasons buyers back out of real estate transactions: Buyer’s Cold Feet. One of the most common reasons a buyer backs out is they get cold feet. Home Inspection Calls for Improvements. A Fresh Pair of Eyes.

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Lamacchia Realty

JANUARY 18, 2022

Home Inspection When you’re considering purchasing a home, you’ll need to get a home inspection done. This inspection will check things like the roof, plumbing, electrical, and structural integrity of the home. The escrow process provides a safety net for the buyer to ensure they know everything they need to know about the home.

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Lamacchia Realty

AUGUST 25, 2022

If you’re unfamiliar with seller credits, seller credits are when the seller offers the buyer money at closing to sweeten the deal. Buyers love seller credits because they go towards their closing costs, resulting in less money the buyer has to spend. After a home inspection, there might be some damage that needs to be repaired.

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Lamacchia Realty

JANUARY 6, 2023

Lamacchia Realty's Best Blog Posts of 2022. That’s why Lamacchia Realty’s blog is a valuable resource for agents and clients alike. Lamacchia Realty Offers Mortgage Assumptions. We can now connect sellers who have low-rate assumable mortgages with active buyers! There Is No Pass or Fail with Home Inspections.

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Lamacchia Realty

FEBRUARY 2, 2023

Document Review & Preparation Both a Offer to Purchase and a Purchase and Sales agreement are binding contracts that determines what the buyers and sellers are expected to do as well as important dates that occur during the transaction. Deed Preparation Your real estate attorney will prepare your deed to transfer to the buyer at closing.

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CA Realty Training

SEPTEMBER 6, 2021

All contingencies are designed to protect the buyer in the event that their conditions are not met. Let’s say you have a house listed at $1,000,000 and you have an interested buyer. So, the buyer offers the full list price of $1,000,000 – great! In this case, the buyer can cancel the deal and get their deposit back.

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Lamacchia Realty

JUNE 14, 2023

Additionally, be sure to regularly inspect and reseal any areas that may develop leaks or gaps over time. All of the factors mentioned above can play a huge role in a potential buyer’s first impression of the property, even more so on a hot summer day of home showings.

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Housing Wire

MARCH 8, 2024

At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools. There is nothing to show.”

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Lamacchia Realty

JULY 21, 2021

The best way to protect yourself as a buyer is by having an inspection. Many homes that had this drywall have been remediated, and that information would be relayed to the buyer or agent, so public notes may be available. What Should Buyers do if Defective Drywall is Found? Contact us today to get started. .

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Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate.

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Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits are a great tool to help buyers pay their closing costs and have more money after closing. This enables the buyers to bring less money to closing.

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Raleigh Realty

FEBRUARY 24, 2022

"Under contract" is one of them, which is exactly what it sounds like: a prospective seller and a buyer have entered into a process where they've agreed to not only the terms of the contract but other important factors like the sale price, the closing date, contingencies and more.

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Lamacchia Realty

OCTOBER 5, 2022

Many buyers will ask for a radon test to be done before they buy a house, so it is important to have your house tested before moving forward in the buying/selling process. Buyers may ask the seller for a test to be conducted by a qualified radon tester, even if the seller has had a test in the past. Buyer Resources. No Comments.

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Raleigh Realty

MARCH 31, 2021

A contingency clause doesn't necessarily mean all hope is lost for prospective buyers. In every market though, things happen where homes that are under the contract may not reach the closing table and the contingency clause usually protects the buyer and sometimes the seller in the event the parties decide to terminate.

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CA Realty Training

JULY 26, 2021

When the deal closes, the buyer has a house they love, without the added need for repairs. Get a Home Inspection to Find Every Defect. Buyers should request repairs after a home inspection. . Surface-level blemishes are easy to spot, but buyers need a professional to see the real problems.

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Lamacchia Realty

OCTOBER 6, 2021

Many home buyers ask us what their options are if they want to buy a house with knob and tube wiring. If home buyers can’t take it out, or are unable to do it within a certain time frame, or if it is active, they can still get insurance through the Massachusetts Property Insurance Underwriting Association (MPIUA). Buyer Resources.

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Lamacchia Realty

JUNE 7, 2022

million condo units, with 28,000 condo associations across the state, and nearly a year after the Champlain Tower collapse in Surfside, Florida, stricter condo regulations have been put in place to mandate more frequent condo inspections. There will be two phases of inspections for recertification. Buyer Resources. Read More ».

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McKissock

JANUARY 18, 2022

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. How far will their budget truly go? Answer Questions.

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Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller.

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Raleigh Realty

FEBRUARY 19, 2022

One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don't consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction.

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Lamacchia Realty

JANUARY 10, 2022

In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available. Then buyers will have a highly-skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war. Consider Waiving Inspection.

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