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Buying a House

What Real Estate Agents Should Do Before Listing a House

By | December 11th, 2008|

What should an agent do before listing your house? They should make multiple visits to the house and create a market analysis. Good agents will give tips on how to improve the marketability and enhance the house for sale. Real estate agents should discuss the location, condition and give other tips and recommendations. Watch this Expert Real Estate segment for more information on what real estate agents should do to prepare a house for sale.

Tips To Sell In Today’s Tough Real Estate Market

By | December 11th, 2008|

Selling a house in today's tough real estate market? Furniture, paint, clutter and repairs all impact the sale of a house. Is the price right? Maybe not! Watch this Expert Real Estate Tips segment for tips on how to sell your house from painting to repricing!

Characteristics Of A Great Real Estate Agent

By | December 10th, 2008|

What makes a good real estate agent? Trust, integrity, and good communication (phone and email)! Find an agent who is a good advocate, works hard and successfully buys and sells homes. Can your agent communicate the pros and cons to you and find great deals? Watch this Expert Real Estate Tips segment for more information on important characteristics in real estate agents.

Housing Market: Sell This House High And Buy Low

By | December 2nd, 2008|

With the mortgage crisis and shifting American economy you may wonder "when is the best time to sell a house?" You can't time the real estate or housing market to sell a house. One expert, a top real estate agent in Chicago, says you will likely never buy low and sell high unless you're moving to a different state. Learn about the best time to sell a house and buying and selling high and low.

Filing formal complaints against real estate agents

By | November 26th, 2008|

Know your rights if you have a complaint about your real estate agent. If your real estate agent has broken a law, you can file a complaint with your state's regulatory agency, the Better Business Bureau, and the National Association of Realtors. If your real estate agent has committed a criminal act against you, contact the police. But make sure you have a true complaint against your real estate agent and not just a minor disagreement or frustration because your property has not been sold.

At Closing, Include Another Home Inspection

By | November 26th, 2008|

When you buy a home you and a home inspector should do a final walkthrough before closing. While you may have had another home inspection along the way, the preclosing home inspection is important because by that point the sellers should have moved out of the home. You'll look for different things depending on whether you're buying new construction or an existing home.

Quit Claim Deeds And Mortgage Loan Cosigners

By | November 25th, 2008|

Can a quit claim deed be used to remove a cosigner on a mortgage? No, quit claim deeds affect property ownership interest only. Quit claim deeds will not take away responsibility for mortgage loan debt.

Maintain Property’s Market Value In Property Swap

By | November 21st, 2008|

When you buy property at a reduced cost, will you risk lowering the market value of the property? A home owner asks about buying a property for less than what it's worth and selling his own property for a lower price. It's a good idea to work with an attorney to complete a property swap.

Real Estate Market: Improvement Through Employment, Refinancing, And Avoiding Foreclosure

By | November 12th, 2008|

What steps can we take with the economy to improve the real estate market? Keeping people employed, changing refinancing rules and encouraging people to stay in their homes and avoid foreclosure are some possibilities to improve the real estate market. If you have suggestions for how to improve the real estate market, send Ilyce an email.

Earnest Money: Home Buyer Must Follow Home Contract

By | November 12th, 2008|

Can you as a home buyer get your earnest money back on the purchase of a home if the financial markets prevent you from getting a loan to buy the home? When you as a home buyer put earnest money down on a home you're bound by whatever the home purchase contract states. You can lose your earnest money if the contract allows the builder to keep it, regardless of whether the credit crisis affects the your ability to qualify for a mortgage loan.

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