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So you find a buyer who loves your house, but has another house to sell...What to do...What to do?Should you accept an offer from this buyer with such a contingency attached?Weigh the factors:1)  Are these buyers serious about selling their property and have they already enlisted the help of a lo...
So what is the difference between the Appraised Value vs the Market Value of my home?  A Real Estate Appraiser is licensed and trained to provide the estimated value of a home to determine its appraised value. The appraised value is based on comparable sales, the condition of the property, and se...
The following examples include details that would qualify as material facts that must be revealed by sellers about their homes:Damage from wood boring insectsMold or mildew in the homeLeaks in the roof or foundation wallsAmount of property taxes paid annuallyKnown problems with a well water syste...
Be patientKnow your home's worthAdopt a positive attitudeDo not let emotions-anger, pride, greed, or prejudice-get in the way of negotiating the best deal.Your home obviously means a lot to you, but you have already made the decision to move on, so begin to think of your home as "the house" or "t...
Although much of the housing market is in a slump, this is still a good time for most to buy a home. Even though many economists are predicting further drops in home values in most areas, today is still an excellent time for most of us to buy a home. The direction of area home values won't make m...
No one will contest that it is currently a Buyers Market, and with that being so, buyers are being pickier than ever.  Work that needs to be done on a home is a hard negotiating tool for present buyers.  If the seller is unwilling to make repairs or lower the price, buyers are going to walk, or r...
Can a home be sold for less than the mortgage balance due?  Yes, sometimes, but it is a complicated process and a lot will depend on the lender.The process is called a "short sale," which occurs when a lender agrees to write off the portion of a mortgage that's higher than the value of a home.  T...
Talk with your lender immediately. The lender may be able to arrange a repayment plan or the temporary reduction or suspension of your payment, particularly if your income has dropped substantially or expenses have shot up beyond your control. You also may be able to refinance the debt or extend ...
Blog PowerHighlights of Blogging!!Gain worldwide exposure.Enhance your search engine rankings.It can be free of charge or costs are very minimal.Requires only your committment and timeDevelop on-line relationships that turn into future business... Leads from serious buyers and sellers Become your...
If you are looking to buy a home now, it pays to take a closer look at your credit score.   It is sometimes called a FICO score.  It is based on the data in your credit file which shows your payment patterns with regards to loans.  The higher the score, the less risky you are for the banks and ot...

Ronald Stead

Your HomeTown Real Estate Professional
local_phone(540) 539-1200
smartphone(540) 539-1200
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