Question: What are the most common mistakes made by home sellers? Answer: We can think of three areas where sellers sometimes stumble. The first is pricing the property too high. The logic is, often, “Let’s price it high so that we have room to negotiate down.” We see that backfire all the time. It’s true
Question: What is an option fee? How is it different from earnest money? Answer: Earnest money is an amount agreed on in your home-purchase contract that you pay soon after the contract is signed by all parties. It is typically about one percent of the agreed-upon price, although it can be more if you want
Question: Our kids are grown and have moved away, and we no longer have any use for our backyard pool. We’d prefer to stop paying for its upkeep and get rid of it altogether. Do people do that? Answer: Yes, they do. But just filling the pool with a couple dump-truck loads of dirt is
Editor’s note: Do we get questions! Whether one is listing a home for sale or looking to buy a new home, everybody seems to have questions about the real estate process. Well, we’re here to answer your questions, assuage your worries and point you in the right direction. Introducing our new feature, Ask the Agents.