What is the return on new versus previously owned homes? Buying into a new-home community may seem riskier than purchasing a house in an established neighborhood, but any increase in home value depends upon the same factors: quality of the neighborhood, growth in the local housing market and the state of the overall economy. One survey by the National Association of Realtors shows that resale homes do have an edge over new homes. The trade group's figures show the median price of resale homes increased4.3 percent between 1999 and 2000, compared to 2.8 percent for new homes in the same period.
When you choose a RE/MAX Sales Associate to sell your home or help you purchase a new one, you'll experience an exemplary level of service.
First, RE/MAX Associates are The Hometown Experts With a World of Experience®. Across the globe, they make their living in the same communities in which they live. They're the people next door, or just down the block.
Consummate professionals, RE/MAX Associates on average lead agents affiliated with competing brands in advanced real estate education and production. That's why they're known as The Real Estate Leaders® and why no one in the world sells more real estate than RE/MAX.
First impressions are not just for people, they are just as important when you are trying to sell your house. You want your potential buyer to walk away with a good impression. There are several easy, quick and low cost things you can do to increase your chances of getting your asking price and selling quickly. When people make an investment commitment as big as a house, they can be picky, and seek perfection. You can be proactive and make it an enjoyable experience by being ready.
Both buyer and seller deserve the assurance that no funds or property will change hands until all of the instructions in the Purchase Contract have been satisfied. Buyers and sellers submit signed documents and buyer’s deposit money to be held by an independent neutral third party (Escrow). After the conditions agreed upon by both buyer and seller (in the Purchase Contract) are satisfied, Escrow then distributes the documents and the funds. The escrow holder is an independent neutral third party; works for both the buyer and the seller, and is authorized to follow the specific written instructions provided by both parties. Escrow functions:
We've all heard stories about lucky homeowners placing a "for sale" sign in the yard, opening their front door on a Sunday afternoon and receiving a full-price offer at the end of the day.
If you're thinking of selling your home, you might be lured by these successful "for sale by owner" stories. After all, you reason, why pay commission to a REALTOR®, when you could keep the profits all to yourself? But the reality of FSBO listings is far less rosy than you might think:
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