Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. In our current seller’s market, the national inventory of active listings is down 43.1% All of this demand means buyers are going to ever-greater lengths to make their offer stand out. Home inspection. Mold remediation.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Lamacchia Realty

AUGUST 15, 2023

WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer? The main draw of cash home buyer is the ability to provide a transaction that is both fast and simple – even within just a few days! If the seller accepts, the rest of the process happens quite swiftly. In many cases, a home can be sold within days.

Buyers 56

Buyers Real Estate Agent Real Estate Realty 56

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. Who Pays for it?

Inspection 36

Inspection Real Estate Agent Realty Real Estate 36

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. Buyers Typically Avoid FSBO Properties : Buyers will often avoid putting an offer on FSBO homes altogether.

Realtors 71

Realtors Real Estate Agent Sellers Realty 71

Lamacchia Realty

MARCH 12, 2024

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. Some buyers send that message with a heartfelt letter showing how much they love the home.

Buyers 69

Buyers Inspection Sellers Real Estate 69

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.

Inspection 36

Inspection Real Estate Agent Real Estate Clients 36

Lamacchia Realty

JULY 10, 2023

So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Due to the potential financial implications, sellers may try to conceal the presence of defective drywall in their property in order to sell the home for a higher price.

Inspection 68

Inspection Realty Agents Sellers 68

Lamacchia Realty

FEBRUARY 2, 2023

WHY YOU SHOULD USE A REAL ESTATE ATTORNEY TO SELL YOUR HOME As a home seller you may think you are saving money by not hiring an attorney to guide you through the legal aspects of your sale but in actuality, it could end up costing you more not to! A seller’s attorney will work directly with the closing attorney.

Real Estate 77

Real Estate Sellers Legal Inspection 77

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?

Buyers 73

Buyers Real Estate Brokerage Realtors 73

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.

Sellers 61

Sellers Buyers Property Taxes Inspection 61

Lamacchia Realty

JANUARY 18, 2022

Contingent is the status you’ll see on a listing once a seller accepts a buyer’s offer. 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. Buyer Resources.

Inspection 73

Inspection Sellers Buyers Realty 73

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.

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

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.

Inspection 74

Inspection Sellers Buyers Realty 74

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.

Real Estate Agent 71

Real Estate Agent Inspection Realty Real Estate 71

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.

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

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.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

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. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

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! Buyer Resources. Seller Resources.

Realty 54

Realty Law Sellers Real Estate 54

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.

Inspection 63

Inspection Buyers Sellers Advertising 63

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.

Real Estate Agent 68

Real Estate Agent Inspection Realty Legal 68

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! So, the seller hopes that the appraised value is $1,000,000 or higher.

Real Estate 56

Real Estate Agents Inspection Real Estate Agent 56

Lamacchia Realty

JULY 21, 2021

So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Do Sellers Need to Disclose this Drywall? Homes with drywall often sell for a much lower price, so it wouldn’t be surprising if sellers tried to hide it. Contact us today to get started. .

Realty 68

Realty Sellers Inspection Real Estate Agent 68

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.

Sellers 67

Sellers Buyers Inspection Realty 67

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.

Real Estate Agent 51

Real Estate Agent Inspection Sellers Clients 51

Housing Wire

APRIL 25, 2024

When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I 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.”

Buyers 432

Buyers Marketing Inventory Investors 432

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.

Real Estate 37

Real Estate Buyers Real Estate Agent Inspection 37

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available. Consider Waiving Inspection.

Sellers 72

Sellers Buyers Inspection Bracketing 72

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.

Inspection 70

Inspection Buyers Sellers Investing 70

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.

Insurance 72

Insurance Inspection Buyers Modernization 72

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. Now it is a different conversation.

Housing Market 441

Housing Market Buyers Agents Marketing 441

Lamacchia Realty

FEBRUARY 22, 2023

Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market. This stalemate has maintained low inventory and competition among buyers for what is available on the market. The tricky part is figuring out how much over-asking price.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. That’s all hunky-dory in a buyer’s market. You want the house, and the seller doesn’t want any hiccups.

HOA 108

HOA Inspection Sellers Appraisal 108

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Housing Wire

MAY 14, 2024

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

Buyers 421

Buyers Inventory Landlords Real Estate 421

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 ».

HOA 36

HOA Inspection Law Property Management 36

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.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

Realtor

APRIL 7, 2021

Huggins Realty in Burtonsville, MD. This could end up costing the seller, he warns, as the taxing authority may come back and demand the property owner have the work inspected and permitted, or reverse the work and bring the home back to its original condition. What should you do if you notice square footage differences?

Appraisal 131

Appraisal Real Estate Agent Real Estate Agents 131