Selling a home can be a complicated process without the right help. You need to make sure your house is in the best condition and you receive a fair price for it. Whether you’re selling yourself or using an agent or broker, look here for more information about how to sell your house effectively.
Seller Pays Closing Costs
A homeowner who has put his home for sale says his real estate agent suggests that the homeowner pay closing costs. When you've got a home for sale there are many ways to differentiate the home for sale.
Who is Accountable for “New” Air Conditioning Unit Broken in Purchased Home?
A home buyer discovers his air conditioning unit that he thought was new is now broken and wants to hold the seller accountable for not disclosing it. If the buyer can prove the seller intentionally didn't disclose the age of the air conditioner, he may be able to sue the seller for damages. To win a seller disclosure case, you must prove that the seller knew, or should have known, about a particular problem.
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Seller Financing Mortgages
Seller financing mortgages are becoming increasingly popular. Home sellers who are desperate and anxious about selling might want to try seller financing to get their home off the market. Traditionally, seller financing is easier and cheaper than going through a conventional mortgage lender.
Seller May Cancel Sale Due to FHA Mortgage Requirement
When you buy a home with an FHA loan you have to follow their rules, including one where you can't close on a home if it was just sold 90 days earlier. If a seller is eager to sell he may not want to wait that long. Can the seller keep the buyer's deposit if the closing gets delayed or canceled?
Sellers’ Market Will Improve
The real estate market is operating in favor of buyers, so sellers have to be patient until the market improves. If you're a seller with property you're anxious to sell, waiting for the market to swing back will certainly pay off. But the caveat is that the market may come back stronger in some places than others.
Seller Financing Includes Deed Of Trust
A homeowner bought a seller financed home and the seller holds a deed of trust. She would like to transfer the seller financed home to her children, but the seller does not want to transfer the property to them. Ilyce surmises that the seller may be concerned about losing his interest on this investment property and discusses alternative ways of obtaining this property that started with seller financing.
Suing Home Seller 4 Years After Purchase
A homeowner bought a home that has a serious mold problem. He is wondering if he can sue the seller even though he purchased the home four years ago. He has to prove that the sellers knew, or should have known about this problem. That's the standard for most seller disclosure laws around the country. However, depending on the state, the time to sue may have run out, since it's four years later.