Most people dread the thought of moving, yet those same people love it when they move. Why? Most likely it’s emotional attachment and nostalgia for a beloved home. It’s understandable but yet a home that just doesn’t fit your needs any longer can make even the most loved home uncomfortable.
Buyers notice everything – good and bad. From the moment they walk in the front door, they are trying to determine if this is the right home for them and their family. If you have your home listed for sale, paying attention to what the buyers notice can mean the difference between an offer and a missed opportunity.
You probably instinctively realize that rising interest rates will affect home buyers. The interest rate you pay can make a big difference in the size of the home loan you will qualify for as well as the price of the home you’ll be able to buy. Mortgage brokers use the monthly mortgage payment to determine how much you can afford to pay. Of course the larger the payment, the harder it is to qualify.
One of the most important aspects of a nice living environment is the neighborhood itself. Home buyers can investigate the local schools, parks, and restaurants, but it’s harder to know if they have good neighbors or not until they are actually living in the home. Being a good neighbor is a great way to ensure that you fit into the area well and receive the same kind of respect in return.
Contingencies are commonplace in contracts of all kinds. A contingency allows for one party or another to legally back out of a contract in the event of some specific condition occurring. They are protection against the unknown.
Want to write an offer letter to your seller but don’t know what to say? These templates can help. Most sellers want top dollar and a quick sale on their home. But here’s a secret: They also often have a strong emotional attachment to their soon-to-be former homes.