- Settlement Statement, HUD-1 Form (itemizes services provided and the fees charged; it is filled out by the closing agent and must be given to you at or before closing)
- Mortgage Note
- Mortgage or Deed of Trust
- Binding Sales Contract (prepared by the seller)
- Keys to your new home!
You’ll present your paid homeowner’s insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller (remainder of down payment, prepaid taxes, etc.) and then the money the seller owes you (unpaid taxes and prepaid rent, if applicable). The seller will provide proofs of any inspection, warranties, etc. Once you’re sure you understand all the documentation, you’ll sign the mortgage, agreeing that if you don’t make payments the lender is entitled to sell your property and apply the sale price against the amount you owe plus expenses. You’ll also sign a mortgage note, promising to repay the loan. The seller will give you the title to the house in the form of a signed deed.You’ll pay the lender’s agent all closing costs and, in turn he or she will provide you with a settlement statement of all the items for which you have paid. The deed and mortgage will then be recorded in the state Registry of Deeds, and you will be a homeowner.
There may be closing cost customary or unique to a certain locality, but closing cost are usually made up of the following:
- Attorney’s or escrow fees
- Property taxes (to cover period to date)
- Interest (paid from date of closing to 30 days before first monthly payment)
- Loan Origination fees
- Recoding Fees
- Survey Fee
- First premium of mortgage insurance (if applicable)
- Title Insurance
- Loan discount points
- First payment to escrow account for future real estate taxes and insurance
- Paid receipt of homeowner’s insurance policy
- Any documentation preparation fees
This will likely be the first opportunity to examine the house without furniture, giving you a clear view of everything. Check the walls and ceilings carefully, as well as any work the seller agreed to do in response to the inspection. Any problems discovered previously that you find uncorrected should be brought up prior to closing. It is the seller’s responsibility to fix them.
It usually takes a lender between 1-6 weeks to complete the evaluation of your application. Its not unusual for the lender to ask for more information once the application has been submitted. The sooner you can provide the information, the faster your application will be processed. Once all the information has been verified the lender will call you to let you know the outcome of your application. If the loan is approved, a closing date is set up and the lender will review the closing with you. And after closing, you’ll be able to move into your new home.
It’s an estimate that lists all fees paid before closing, all closing costs, and any escrow costs you will encounter when purchasing a home. The lender must supply it within three days of your application so that you can make accurate judgments when shopping for a loan.
Pre-qualification is an informal way to see how much you may be able to borrow. You can be ‘pre-qualified’ over the phone with no paperwork by telling a lender your income, your long-term debts, and how large a down payment you can afford. Without any obligation, this helps you arrive at a ballpark figure of the amount you may have available to spend on a house. Pre-approval is a lender’s actual commitment to lend to you. It involves assembling financial records and going through a preliminary approval process. Pre-approval gives you a definite idea of what you can afford and shows sellers that you are serious about buying.
Home warranties offer you protection for a specific period of time (e.g., one year) against potentially costly problems, like unexpected repairs on appliances or home systems, which are not covered by homeowner’s insurance. Warranties are becoming more popular because they offer protection during the time immediately following the purchase of a home, a time when many people find themselves cash-strapped.
Earnest money is money put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price (though the amount can vary with local customs and conditions). If your offer is accepted, the earnest money becomes part of your down payment or closing costs. If the offer is rejected, your money is returned to you. If you back out of a deal, you may forfeit the entire amount.
Listen to your real estate agent’s advice, but follow your own instincts on deciding a fair price. Calculating your offer should involve several factors: what homes sell for in the area, the home’s condition, how long it’s been on the market, financing terms, and the seller’s situation. By the time you’re ready to make an offer, you should have a good idea of what the home is worth and what you can afford. And, be prepared for give-and-take negotiation, which is very common when buying a home. The buyer and seller may often go back and forth until they can agree on a price.
Your real estate agent will assist you in making an offer, which will include the following information:
- Complete legal description of the property
- Amount of earnest money
- Down payment and financing details
- Proposed move-in date
- Price you are offering
- Proposed closing date
- Length of time the offer is valid
- Details of the deal
Remember that a sale commitment depends on negotiating a satisfactory contract with the seller, not just making an
It’s not required, but it’s a good idea. Following the inspection, the home inspector will be able to answer questions about the report and any problem areas. This is also an opportunity to hear an objective opinion on the home you’d like to purchase and it is a good time to ask general, maintenance questions.
An inspector checks the safety of your potential new home. Home Inspectors focus especially on the structure, construction, and mechanical systems of the house and will make you aware of only repairs that are needed. The Inspector does not evaluate whether or not you’re getting good value for your money. Generally, an inspector checks (and gives prices for repairs on): the electrical system, plumbing and waste disposal, the water heater, insulation and Ventilation, the HVAC system, water source and quality, the potential presence of pests, the foundation, doors, windows, ceilings, walls, floors, and roof. Be sure to hire a home inspector that is qualified and experienced.
It’s a good idea to have an inspection before you sign a written offer since, once the deal is closed, you’ve bought the house “as is.” Or, you may want to include an inspection clause in the offer when negotiating for a home. An inspection clause gives you an “out” on buying the house if serious problems are found or gives you the ability to renegotiate the purchase price if repairs are needed. An inspection clause can also specify that the seller must fix the problem(s) before you purchase the house.
There isn’t a set number of houses you should see before you decide. Visit as many as it takes to find the one you want. On average, homebuyers see 15 houses before choosing one. Just be sure to communicate often with your real estate agent about everything you’re looking for. It will help avoid wasting your time.
Many of your questions should focus on potential problems and maintenance issues. Does anything need to be replaced? What things require ongoing maintenance (e.g., paint, roof, HVAC, appliances, carpet)? Also ask about the house and neighborhood, focusing on quality of life issues. Be sure the seller’s or real estate agent’s answers are clear and complete. Ask questions until you understand all of the information they’ve given. Making a list of questions ahead of time will help you organize your thoughts and arrange all of the information you receive.
In addition to comparing the home to your minimum requirement and wish lists, you may want to consider the following:
- Is there enough room for both the present and the future?Are there enough bedrooms and bathrooms?
- Is the home structurally sound?
- Do the mechanical systems and appliances work?
- Is the yard big enough?
- Do you like the floor plan?
- Will your furniture fit in the space? Is there enough storage space?
- Imagine the home in good weather and bad – will you be happy with it year round?
- Take your time and think carefully about each house you see. Ask your real estate agent to point out the pros and cons of each home from a professional standpoint.
The lender considers your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child support. The lender also considers cash available for down payment and closing costs, credit history, etc. when determining your maximum loan amount.
Typically, the seller does not guarantee how the area surrounding the property will be used. Some purchase agreements ask the seller to warrant what the seller knows about surrounding property uses that might interfere with the use of the home, but many do not. If a buyer is concerned, he or she should contact the property appraiser or tax collector for the county in which the property is located and determine who owns the surrounding land, or speak to the zoning or planning department of your local municipality prior to purchasing the property to understand how surrounding uses may affect you. The title commitment only discloses information about the property being purchased and does not attempt to inform the buyer about surrounding uses. Sometimes a survey will identify the owners of any immediately adjacent parcels. The purchaser needs to take responsibility for finding out what uses may affect him or her. The buyer can ask the neighboring property owners if they know of plans to develop land surrounding the property. The buyer may also wish to talk with the building or zoning office of the local municipality to confirm the zoning of surrounding property so as to know what kinds of uses might be made in the future, although zoning can be changed.
1. Purpose of an Easement. An easement is an interest in land which is owned by a person who is not the owner of the whole parcel, such as the right to use or control a portion of the parcel, or an area above or below it, for a specific limited purpose (such as to cross it for access to a public road, to share a common drive with a neighboring property, or to install and maintain utility wires or lines). The land benefiting from an easement is called the dominant estate; the land burdened by an easement is called the servient estate. Unlike a lease or license, an easement may last forever, but it usually does not give the holder the right to exclusively possess, take from, improve, or sell the land. Some common easements may include: (i) a right-of-way; (ii) a right of entry; (iii) a right to the support of land and buildings; (iv) a right of light and air; or (v) a right to water. The owner of the servient estate is normally free to use his or her property as he or she chooses, provided that use does not impair the rights of the holder of the dominant estate to use the land covered by the easement.
2. Easements Benefiting the Land. You may have an easement over someone else’s property for several reasons. One of the most common reasons may be for access to a public right of way for a property which otherwise might be landlocked. Check your survey or ask your title company if you are unsure of the purpose of any identifiedeasement. Also, make sure that every easement benefiting your property over someone else’s property is reflected with the legal description included with Schedule A of your title insurance policy. One of the items insured by an owner’s policy of title insurance is legal access to the insured property.
3. Easements Burdening the Land. If someone else has a properly recorded easement over my property, what are my obligations and rights with respect to that easement? Your obligations to the party benefiting (dominant estate) from the easement over the property you are purchasing (servient estate) depend on the written agreement creating the easement. If the survey of the property reflects a path labeled “easement” but no document is of record creating the easement, you will want to inquire as to where the surveyor obtained the information about this easement. If the unrecorded easement is shown on the survey, the title company will likely list this unrecorded easement on your title policy as an exception to coverage. That means that if someone were to claim the right to use this easement, your title insurance would not pay to resolve this issue.
A survey is a drawing of the property which should show any improvements to the property (such as buildings, driveways and the like), the boundary lines of the property, and any encroachments affecting the property (whether items encroaching on the property by third parties or encroachments by the property against a neighboring property). What details are included in a survey depends entirely on what was required of the surveyor in the contract hiring the surveyor, and what is implied by the certification the surveyor gives on the face of the survey. Surveyors have the ability, if asked, to certify many things, such as:
(i) whether the improvements are all located within the boundary lines;
(ii)in which flood zone the property is located;
(iii) whether the structures are in compliance with applicable setback and height laws; or
(iv) whether the property has access to a public right of way. Encroachments on the property may include:
- utilities (such as water, cable, electricity, and telephone lines) and easements for them;
- another party’s right to enter upon your property (such as a common driveway that the property may share with a neighboring property); or
- structures not being conveyed with the purchase of the property that are on the property and should not be (such as the fence belonging to a neighboring property owner). Residential lenders usually require that a survey be obtained prior to closing, because a survey is the only document in a closing which confirms that the legal description in the deed matches the piece of property the buyer expects to receive with that deed. In some instances, if the current owner of the property has a recent survey of the property the lender will accept such survey (or perhaps a current recertification of the prior survey so long as there are no new substantial improvements to the property) and new survey costs may be reduced.
What is the difference between a General Warranty Deed, Special (Limited) Warranty Deed, and Quit Claim Deed?
1. General Warranty Deed. A general warranty deed guarantees the grantor’s good title before the conveyance, and
that warranty continues after the conveyance. The usual guarantees or warranties by the seller are: good title,
freedom from encumbrance other than as specifically identified, and right of possession to the buyer as against all
others. The warranty includes any claims arising during or prior to the grantor’s ownership.
2. Special (or Limited) Warranty Deed. A special warranty deed, sometimes referred to as a limited warranty deed
(and some states may have a different name for this form of deed), provides less extensive warranties than the
grantee receives from a general warranty deed. Under a special warranty deed, the grantor warrants only against
claims arising during the period of the grantor ownership but does not warrant against any claims arising prior to
the grantor’s ownership of the property.
3. Quit Claim Deed. A quit claim deed contains no warranties of any kind and conveys only the interest, if any, held by
the grantor (for example, if the grantor actually had no interest to convey, the quitclaim deed would not vest any
ownership in the grantee). The quit-claim deed is not typically used for residential real estate purchase
4. Sheriff’s Deed. A sheriff’s deed is a deed granted at the end of a mortgage foreclosure, in which the sheriff, under
the order of the court in the foreclosure case, grants ownership of the property to the successful bidder at thesheriff’s sale. These deeds are quitclaim deeds and carry no warranty because the bidder at the sheriff’s sale
takes title “subject to all legal encumbrances” including any flaws in the foreclosure procedure.
5. Fiduciary Deed. A fiduciary deed is a deed granted by a trustee or other fiduciary (often a court-appointed
individual or entity) who conveys title to property pursuant to that grantor’s authority under a trust agreement or as
the result of a court-supervised proceeding.
Make sure you carefully identify all parties taking title and how title is to be held. The following are examples of typical
methods of holding title:
1. Sole Owner. Under this approach, title is taken in the name of only one individual grantee and is freely transferable
or subject to encumbrance by that grantee, subject to dower and/or homestead rights described below.
John Doe, a single man, grantor, to Jane Smith, a single woman, grantee.
2. Joint Ownership with Right of Survivorship. Title can be taken in multiple names under this approach. Each joint
tenant owns an undivided interest in the entire property. The “survivorship” language means that if one joint tenant
dies, that person’s interest automatically is transferred to the remaining joint tenants. Any joint tenant may freely
transfer his or her fractional interest in the property during his or her lifetime, but any such transfer will terminate
the survivorship aspects of the joint survivorship tenancy to the extent of the interest transferred. Equal ownership
shares are presumed unless the deed states otherwise. For example, if there are two grantees, each grantee will
own a one-half interest unless the deed specifies otherwise.
A joint tenancy is created and exists only if four essential characteristics exist: (1) unity of joint ownership and
control; (2) the interests held must be the same; (3) the interests must originate in the same instrument; and (4) the
interests must commence at the same time. If all or any of these characteristics do not exist, the owners will own
the property as tenants in common.
Example: John Doe, a single man, grantor, to Able Smith, Jane Baker and Charles Jones as joint tenants with
right of survivorship.
3. Tenants by the Entirety. Title can be taken as tenants by the entireties only by a validly married husband and wife.
This form of ownership does not exist in all states. The words “husband and wife” in the grantee’s name makes this
choice. If a transfer of this type is attempted but the grantees are not validly married, or if they become divorced,
the title reverts to tenants in common. As tenants by the entirety, neither tenant may transfer his or her interest to
a third party or encumber the property without both parties joining in the deed or mortgage. Upon the death of one
party, the property automatically becomes the sole property of the surviving spouse. This is a common form of
ownership among married couples, except in community property states. In community property states, the
husband and wife presumptively acquire the property as community property and hold it as tenants in common or
as joint tenants with right of survivorship.Example:
John Doe, a single man, grantor, to John Jones and Jane Jones, husband and wife.
4. Tenants in Common. Title held as tenants in common, like joint tenants, allows title of the entire property to be held
in multiple names. Title is also freely transferable or subject to encumbrance (as to the transferring tenant’s own
interest) by each tenant. However, there is no right of survivorship in the surviving tenants upon one tenant’s
death. Also, note that equal percentage ownership is presumed unless the deed specifically states otherwise. For
example, unless the deed states otherwise, if there are three grantees, each grantee will own a one-third interest.
It is always best to state each co-owner’s percentage ownership interest in the deed to avoid any uncertainty or
John Doe, a single man, grantor, to Jane Smith, Sam Wilson and Tom Baker, in equal shares as
tenants in common .
Or John Doe, a single man, grantor, to Jane Smith as to 1⁄2 interest, Sam Wilson as to 1⁄4 interest and Tom Baker
as to 1⁄4 interest, as tenants in common.
5. Title Conveyed in Trust for the Benefit of the Purchasers. Under this approach, legal (record) title is transferred to a
trustee (for example, the grantee would be “John Doe, as trustee under agreement dated June 1, 2005”). Care
should be taken in using this approach since there are more complex concerns involved.
A title insurance policy insures the status of title in the name of the owner of the policy. Title insurance policies are
issued by title insurance companies. The title company contracts with the insured person named in the policy to protect
against financial loss related to the title, as well as the cost of defending the title in court. The title company searches and
examines documents related to the ownership of and items affecting the property prior to issuing a policy. It provides a
source of indemnification to the named insured if he or she is damaged by a negligent or bad title search or examination
and also from hidden defects that would not be discovered in a title search. For instance, a title defect resulting from a
forgery would not be revealed in a search or examination of the public records but would be covered by the title
Prior to issuance of the title insurance policy at closing, a title commitment will be prepared. You may or may not be
afforded the opportunity to see this document prior to closing, but you should make every effort to review it prior to
closing. You should make sure to have your attorney (if you have one) review it as well. While there are many
important parts to a title commitment, at a minimum you should be familiar with the following: (i) Schedule A identifies thetype of policy being issued, the names of the proposed insureds and the current owners, and the legal description of the property; and (ii) Schedule B contains a list of items that must be satisfied in order for the title company to issue the policy
of insurance and also contains a list of title matters (called “exceptions”) that will be excluded from coverage, such as
statutory real estate taxes and easements for utilities servicing the property unless deleted from the title commitment at
the time of closing. If there are objectionable items in the commitment, you need to try to have them removed by the title
insurance company before closing.
A title examination is a study of the records related to the ownership history of the property and sometimes of other
matters related to ownership interests in the property. An abstract of title is a collection of public records relating to the
ownership of a parcel of real estate. During the examination a title examiner reviews the applicable title information to
determine who owns the lands, whether there are any defects in or claims against the ownership and whether any action
is needed to make sure the purchaser obtains good record title to the property at closing.
Few people realize that the purchase contract is the most important step in purchasing a home. The details of this
agreement determine what you buy or sell and how you buy it or sell it. Before signing, read the agreement carefully and
consider the following (not a complete list of issues but intended to give the reader a good start on things to consider):
1. Is the purchase contingent on matters such as the availability of financing on acceptable terms or the sale of the
house which the buyer presently owns?
2. Exactly what land, buildings and furnishings are included in the offer? Are appliances, certain fixtures and other
personal property included in the purchase price?
3. When can the buyer take possession?
4. Is the seller required to provide good, marketable title? Marketable title is title that can be readily marketed (sold) to
a reasonably prudent purchaser aware of the facts and their legal meaning concerning liens and encumbrances.
5. Who pays for the examination of the title to the property in the event the offer is accepted? Who pays for the
abstract of title or title insurance?
6. Have utilities been installed if the property is new construction?
7. Who pays for the cost of the survey of the property? Does the lender require a survey as a condition of the loan
8. What inspections are required by the municipality? Which party will pay for the inspection? Will there be a home
warranty contract paid for by the seller? Should the purchaser conduct and pay for a separate home inspection?
What kinds of disclosures is a seller required to provide to a purchaser, and what happens if those disclosures are
9. If a mortgage is to be given, is there a tax or recording fee for the filing of the mortgage. If so, which party will pay
10. If a loan is to be obtained from an outside lender, who will pay the loan closing costs?
11. If termite damage is found, will the seller pay the cost of repairs?
12. Are there any restrictions on the use of the property?
13. If your offer is accepted, who bears the risk of loss if the property is damaged prior to closing?
14. What persons (such as husbands or wives) are required to sign and accept the offer?
15. Are any of the boundary lines in dispute?
16. What are the remedies if the buyer or seller defaults under the contract?
17. Are there Realtors® involved? If so, who pays the commission? Is the commission payable even if the sale
does not close?
18. Whose responsibility is it to pay for governmental special assessments that arise prior to closing?
19. What type of deed will be conveyed?
Even in a slow market, price and condition are the two most important factors in selling a home.
If a home is not getting the activity it needs in order to sell it is probably because it is overpriced for the market. The first
step is to lower the price. Then go through the house and see if there are cosmetic defects that you missed that can be
The second step is to make sure that the home is getting the exposure it deserves through open houses, broker open
houses, advertising, good signage and a listing on the multiple listing service and internet.
A third option is to remove the home from the market and wait for overall housing conditions to improve and catch up to
the price your asking.
That often depends on if you are in a buyer’s or a seller’s market, the condition of your home, the price you hope to get,
how motivated you are to sell, as well as the quality and quantity of the offers you are getting.
Any contingencies that are negotiated are written into your contract. Both the buyer and seller can place requirements on
the table during the negotiation phase.
A frequently seen contingency is regarding the sale and closing of the buyers home before they can purchase yours.
Whether this requirement is reasonable, or even achievable, depends on the individuals involved. Financial capabilities
usually play a major role in negotiations. Few people can afford to own two homes simultaneously, except for some all-
Yes, the two basic contingencies in a purchase contract are financing and inspections.
No, according to experts, sellers do not have to disclose the terms of other offers. You may disclose the existence of
other offers, so that all parties are aware that they should be submitting their best offer.
Items sellers often disclose include: homeowners association dues: whether or not work done on the house meets local
building codes and permits requirements; the presence of any neighborhood nuisances or noises which a prospective
buyer might not notice, such as any restrictions on the use of property, including but not limited to zoning ordinances or
It is wise to review the seller’s written disclosure prior to a home purchase and ask questions if it does not satisfy you
Minor repairs before putting the house on the market may lead to a better sales price. Buyers often include a contingency
“inspection clause” in the purchase contract which allows then to back out if numerous defects are found. Once the
problems are noted, buyers can attempt to negotiate repairs or lowering the price with the seller. Any known problems
that are not repaired must be revealed as a material defect. You do not have to repair the problem, only reveal it and the
house should be appropriately priced for that defect.
The way you live in a home and the way you sell a house are two different things. First and foremost, “declutter” counter
tops, walls and rooms. Too many “things” make it difficult for the buyer to see their possessions in your rooms or on your
walls, however don’t strip everything completely or it will appear stark and inhospitable. Then clean and make attractive
all rooms, furnishings, floors, walls and ceilings. It’s especially important that the bathroom and kitchen are spotless.
Organize closets. Make sure the basic appliances and fixtures work and get rid of leaky faucets and frayed cords. Make
sure the house smells good: from an apple pie, cookies baking or spaghetti sauce simmering on the stove. Hide the kitty
litter, and possibly put vases of fresh flowers throughout the house. Pleasant background music is also a nice touch.
The second important thing to consider is “curb appeal.” People driving by a property will judge it from outside
appearances and make a decision then as to whether or not they want to see the inside. Sweep the sidewalk, mow the
lawn, prune the bushes, weed the garden and clean debris from the yard. Clean the windows (both inside and out) and
make sure the paint is not chipped or flaking. Also make sure that the doorbell works.
For some quick results, you can try our Value Of My Home Is? page. This information is not intended to be viewed as an
Appraisal or Comparative Market Analysis.There are two methods many people use to determine their homes value, an appraisal and comparative market analysis.
Appraisals vary in cost and are defendable in court. They average about $600 for a single family luxury home. Appraisers
review numerous factors and base information on recent sales of similar properties, their location, square footage,
construction quality, excess land, views, water frontage and amenities such as garages, number of baths, etc.
A comparative market analysis on the other hand is an informal estimate of market value performed by a real estate
REALTOR® or broker. It is based on sales and listings that will compete with your property that are similar in size, style
and location. A range of values will be determined thus arriving at a probable market value. Many REALTORS® offer a free
analysis anticipating they will have a new client.
The analysis or opinion should be in writing and should involve professionally accepted appraisal practices.
Some individuals do their own cost comparison. It may take several hours of research at the county recorders office,
where there will be indexes to match street addresses and parcel numbers. Once matches have been chosen a tax card
can be used to find the assessed value, size, style, number of rooms, baths, etc.
The best approach is to price a home just within the market value range. This allows room for negotiation, without
sacrificing exposure. Make no mistake; we want you to get the best possible price for your property. However, when a
home is priced too high for the market this may:
Imply you aren’t motivated to sell
Reduce the number of showings
Help competitive listings look better
Ultimately force you to drop the price below market value in order to sell
When a property is overpriced, windows of opportunity are missed. Broker and buyer interest is at its highest when a
property is initially placed on the market. But if the property is priced above realistic market value, the excitement and number of showings are greatly reduced. Later, it may be necessary to adjust the price below market value to compete with new, competitively priced listings.
The two most important factors are price and condition in selling a home. The first step is to price it properly. Then, go through the house to see if there are any cosmetic defects that can be repaired.
A third factor is exposure. It is also important that the home gets the exposure it deserves through open houses, broker open houses, advertising, good signage and listing on the local multiple listing service, as well as the internet.
Choose the real estate REALTOR® that you believe will get the job done, not the one that quotes you the highest price sometimes just to buy your listing.
Property sells year round. It is mostly a function of supply and demand, as well as other economic factors. The time of year you choose to sell can make a difference in the amount of time it takes and the final selling price. Weather conditions are often a consideration in some states than in other parts of the country. Generally the real estate market picks up in the early spring.
After the summer slowdown, sales activity tends to pick up for a second, although less vigorous, season which usually lasts into November. The market then slows again as buyers, sellers and REALTORS® turn their attention to the holidays.The supply of homes on the market diminish because sellers often wonder whether or not they should take their homes off the market for the holidays. There are still buyers in the market place, but now those buyers have fewer homes to choose from. Those homes on the market at that time have considerably less competition. Generally speaking, you’ll have the best results if your house is available to show to prospective buyers continuously until it sells.
The materials on this website are provided for informational purposes only, do not constitute legal advice, and do not
necessarily reflect the opinions or views of SAL KADRI ATLANTA LUXURY HOMES REALTOR, the Section of Real Property,Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship between any attorney and any other person, group or entity. No representations or warranties whatsoever, express or implied, are given as to the accuracy or applicability of the information contained herein. No one should rely upon the information contained herein as constituting legal advice. The information may be modified or rendered incorrect by future legislative or judicial developments and may not be applicable to any individual reader’s facts and circumstances.