Winston Salem | Turn Up the Heat on Offers When Selling Your Home.

 

Four Ways to attract buyers during the summer

✔️ Lower the A/C. It’s easy for a house to become stuffy and warm during the summer, especially with exterior doors frequently opening and closing, so make sure that you have the air conditioning running whenever you’re hosting potential buyers.

✔️ Update Curb Appeal. Your home’s curb appeal is its first impression, and the summer months can be harsh on your home’s front lawn. Frequent watering and adding seasonal plants can make a huge difference.

✔️ Showcase Outdoor Living. If your home has a pool, a large deck or an outdoor kitchen, summer is the perfect time to highlight them, and a Realtor® can advise you on the value these generally bring.

✔️ Embrace the Season. The housing market has been hot for a long time and now that summer is upon us, it’s time to turn up the heat if you’re serious about selling or buying a home. A Realtor® can help quench your thirst for homeownership or help cool down the pressure of selling and finding your next home.  Consult your Realtor® today for a refreshing approach to selling or buying a home.

For more ways to showcase your home to potential buyers during the summer, contact a local me for  a consultation with no obligation.

Winston Salem - 4 Ways to Negotiate Repairs After an Inspection - How to handle repairs and avoid disputes

 

Here is a great real estate video.   It is provided by: The Real Estate Lawyer Tiffany Webber is a real estate attorney in Mooresville, NC

If you have ever bought and sold real estate around Winston Salem, you know that the nervous time of the transaction, is during the Due Diligence period and inspections.   

It is my job as your Realtor to guide you through this but by watching the video,  you will get very good insights into the process.

If at any time, you need assistance, please do not hesitate to contact me to get your questions answered.  

C L U E Report - What is it and is it necessary

What does C.L.U.E stand for? Comprehensive Loss Underwriting Exchange

CLUE is a claims-information report generated by LexisNexis®, a consumer-reporting agency. The report generally contains up to seven years of personal-auto and personal-property claims history.  

How insurance companies use CLUE reports

An insurer may request a CLUE report when you apply for coverage or request a quote. The company uses your claims history, or the history of claims at a specific property, to decide if it'll offer you coverage and how much you'll pay. Insurance company studies show a relationship between past claims and claims you report in the future.

Why ask for a report?

For buyers and sellers of real estate, this is a good way to check the history of the property for previous claims/problems.   Sellers do not have to report issues that have been corrected but a buyer doing his due diligence, this is another layer for checking things out further.

You can check for inaccurate or unrelated information that could be making you pay higher premiums. If you find mistakes, contact LexisNexis Consumer Center at 888-497-0011. They'll verify your information with the reporting insurance company and notify you of the results within 30 days. You can also add an explanation to an item in the report that will show in all future reports.

Winston Salem - Is Due Diligence fee a SCAM?

 

What are Due Diligence Fees with regard to buying and selling real estate?  This video is courtesy of Tiffany Webber a real estate attorney and owner of Thomas & Webber, a real estate law firm in Mooresville, NC

Because here’s the thing:

In North Carolina, Due Diligence is non-refundable. It’s basically a “we’re serious” deposit to take the home off the market while you inspect, appraise, and second-guess everything.

Withing real estate transactions when writing an offer to purchase, there are 2 options for putting money 'down' while inspections completed and/or getting loan approval.  One is called due diligence and one is called earnest money deposit.  One is refundable to the buyer (earnest money) and one isn't ( due diligence).   These are negotiable with the seller.  It is common practice for buyers now to pay up front due diligence funds but they are no mandatory.  However, you will find that most sellers require some due diligence money depending on how long they are being asked to essentially take the property off the market while you do your 'due diligence'.    I hope this video helps and if you need assistance with this, as always, I am open to no obligation questions.