Signing documents has never been a favorite activity of most people. I think homework may even rank below signing documents. The 10 page, 21 section, 253 question Pennsylvania Seller Property Disclosure Statement offers home sellers the task of doing both. Picture the unwitting home seller in a dark smoky room with a bright … [Read more...] about Managing the Dreaded Seller Property Disclosure Statement
The dream of many a home seller is to receive multiple offers. The unfortunate part of a multiple offer situation is that there will likely be winners and losers. The outcome of these situations is important to all parties, and it is critical they understand the ethics and strategy of how to handle multiple offers. Your home … [Read more...] about Understanding how Multiple Offers on a Home Should be Handled
2016 is now history and it is time to see how Berks County home sales fared for the year and how things are shaping up for the next. So here is your Berks County Real Estate Roundup. Think 2016 went by fast? Like most years, it did, and it was a leap year so even had an extra day. Most new years bring hope for the coming and … [Read more...] about Berks County Real Estate Roundup for 2016
If you have not sold a home in the past 15 years, be aware that heating fuel is now assumed to be part of the real property. Today, the fuel will be included with the sale of the home at no charge to the buyer if there are no changes to the standard Agreement. When selling a home, there are times when it is not exactly clear … [Read more...] about Handling Heating Fuel in a Real Estate Transaction
We have all become very aware of how great real estate photos help when marketing a home for sale. Those same photos can also help keep a home sale moving in the right direction. The internet has certainly changed the way Realtors® market homes. The internet has had a tremendous impact on real estate photography. It was not … [Read more...] about Great Real Estate Photos Can Keep Your Home Sold
The mantra of real estate value has always been “Location ~ Location ~ Location”. While this is still true Declutter ~ Declutter ~ Declutter may now be running a close second. It is no mystery that people everywhere have more stuff than ever before. This is especially true in Berks County where we tend to keep things we know … [Read more...] about Declutter ~ Declutter ~ Declutter!
Many home sellers consider paying some or all of a home buyer’s closing costs a negative. Would it be better if the practice of paying closing costs did not exist? The answer may change your way of thinking about the practice. Spend any time in the real estate industry and you will hear the adage, home values are mainly a … [Read more...] about What Would Happen to Home Values if There was No Seller Credit
When listing a home for sale, there are obviously many things to consider. In the last installment of this series on Understanding the Listing Contract, I will touch on how the deposit money a seller receives is handled by the Broker. A good faith deposit is often given to the seller by the buyer in a real estate transaction. … [Read more...] about Understanding the Real Estate Listing Contract Part 5 ~ Deposit Money