Explore Maple Grove, MN

By Richard McDeid
(Our Home Real Estate)
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#16 Keep personal information to yourself Conversely, information could be used to your detriment. Information about your mortgage, size of down payment, move-in deadline, or circumstances for buying, could be negotiating factors. While you want your Realtor to know these details, don’t reveal a...

By Richard McDeid
(Our Home Real Estate)
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#15 Investigate the seller’s situation Knowing about the seller’s reasons for moving could work to your advantage during negotiations. For instance, a seller who has been transferred to another city, may be more motivated to sell rather than someone who is still shopping for a new home. A vacant...

By Richard McDeid
(Our Home Real Estate)
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#14 Ask for a written CMA A Comparative Market Analysis (CMA) is an analysis of comparable homes in the neighborhood. It shows you the sale prices of comparable homes in the neighborhood, along with asking prices of other homes in the area currently on the market. A Realtor can request this repo...

By Richard McDeid
(Our Home Real Estate)
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#13 Clarify relationships In any real estate transaction, be very clear about who is working for whom, and what the relationship represents. Many people believe that the agent they are working with automatically represents them and their interests. Yet, without specific disclosures this is not t...

By Richard McDeid
(Our Home Real Estate)
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#12a Consider your future needs Take a look at your lifestyle now and in the future. Will you need extra space for a home office, a child, or perhaps a child moving back home? Perhaps it may be easier and less expensive if you purchase a home that can meet these needs now, rather than moving up t...

By Richard McDeid
(Our Home Real Estate)
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#11 Proceed quickly When you’re ready to buy, move fairly quickly. That’s because good properties usually sell fast. This is especially true when there is a shortage of homes available. However, when you work with a Realtor, you have access to the most current technology. As part of the MLS netw...

By Our Home Team
(Our Home Real Estate)
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Are you ready to place your home on the market?Do you understand the process and details of selling a home? Be as informed as possible so you can make the absolute best business decisions. After all, the sale of your home is a business decision! Let me help you learn about this process. Visit my ...

By Our Home Team
(Our Home Real Estate)
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Mistake #9 - Choosing the Wrong Realtor® Selling your home could be the most important financial transaction in your lifetime. As a result, it is extremely important that you select the realtor that is best for you. Experienced real estate agents often cost as much as brand new agents. Chances a...

By Our Home Team
(Our Home Real Estate)
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Mistake #8 - Limiting the Marketing and Advertising of the Property There are two obvious marketing tools that nearly every seller uses: open houses and classified ads. Unfortunately, these two tools are rather ineffective. Less than 1% of homes are sold at open houses, and less than 3% are sold...

By Our Home Team
(Our Home Real Estate)
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Mistake #7 - Signing a Contract with No Escape Hopefully you will have taken the time to choose the best realtor for you. But sometimes, as we all know, circumstances change. Perhaps you misjudged your realtor, or perhaps the realtor has other priorities on his or her mind. In any case, you shou...

By Our Home Team
(Our Home Real Estate)
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Mistake #6 -- Being Ignorant of Your Rights & Responsibilities It is extremely important that you are well-informed of the details in your real estate contract. Real estate contracts are legally binding documents, and they can often be complex and confusing. Not being aware of the terms in your ...

By Our Home Team
(Our Home Real Estate)
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Mistake #5 - Trying to Sell to Lookers A prospective buyer who shows interest because of a "for sale" sign he saw may not really be interested in your property. Often buyers who do not come through a realtor are a good 6-9 months away from buying, and they are more interested in seeing what is o...

By Our Home Team
(Our Home Real Estate)
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Mistake #4 - Trying to "Hard Sell" While Showing Buying a house is always an emotional and difficult decision. As a result, you should try to allow prospective buyers to comfortably examine your property. Don't try haggling or forcefully selling. Instead, be friendly and hospitable. A good idea ...

By Our Home Team
(Our Home Real Estate)
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Mistake #3 -- Failing to "Showcase" In spite of how frequently this mistake is addressed and how simple it is to avoid, its prevalence is still widespread. When attempting to sell your home to prospective buyers, do not forget to make your home look as pleasant as possible. Make necessary repair...

By Our Home Team
(Our Home Real Estate)
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Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of...

By Our Home Team
(Our Home Real Estate)
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Mistake #1 -- Placing the Wrong Price on Your Property Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest ...

By Richard McDeid
(Our Home Real Estate)
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#10 Be cautious with fixer uppers Some people may be inclined towards purchasing a home that needs some work. This could be a challenge and an opportunity to make money. Sometimes, a fixer-upper can be purchased below market value, and sufficient repairs made to bring it to a good sale condition...

By Richard McDeid
(Our Home Real Estate)
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#9 Hiring a home inspector is a wise investment A home inspection is an inexpensive way to gain peace of mind, and guard your pocket book. A proper inspection will cover all areas of the house including foundation, electrical, heating, plumbing, floors, walls, ceilings, attic, roof, siding and t...

By Richard McDeid
(Our Home Real Estate)
Comments 0
#8 Pay attention to “red flags” When evaluating a home, be sure you know the difference between acceptable and unacceptable problems. Cosmetic items like peeling paint, worn carpeting, unattractive wallpaper can be easily remedied. You could use these as negotiating items, as there will be costs...

By Richard McDeid
(Our Home Real Estate)
Comments 0
#7 Check your emotions, and shop with your head When people purchase a home on emotion, without an objective view of the property, problems may develop later. Shopping for a home is an emotional process. It could be costly. Using your head, along with asking for an objective opinion (from your R...

Maple Grove, MN Real Estate Professionals