Contract to Closing

Contract to Closing

It’s both exciting and stressful negotiating a real estate purchase contract. Once it’s signed by the sellers, buyers can relax a bit, but Michael Parico can’t. There are still more negotiations, document deliveries, inspections, title details and mortgage tasks to be...
Proper Listing Price

Proper Listing Price

What would an upward or lower price adjustment look like based on the current market CMA? Well, let’s look at an example. Let’s say that the CMA of previously and recently sold similar homes shows that the listing price should be around $235,000. However, those sales...
Setting the Listing Price

Setting the Listing Price

In setting the list price for your home, you should be aware of a buyer’s frame of mind. Based on a list of houses for sale in your neighborhood (which can be in the form of a printed list from us, or online search results that you’ve found yourself), buyers will...
Short Sale Myths

Short Sale Myths

A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it...
Using Comparable Sales

Using Comparable Sales

No matter how attractive and polished your house is, buyers will be comparing its price with everything else on the market. Your best guide is a record of what the buying public has been willing to pay in the past few months for property in your neighborhood like...
The Lowdown on Closing Costs

The Lowdown on Closing Costs

When you get a mortgage, you will need to pay closing costs, which are fees – charged by lenders and third parties — related to the purchase of the home. So, in addition to owing the lender the down payment on the home and the principal and interest related to the...