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Home Buyer's and Real Estate Seller's Tips for Monday, 08 February, 2010
Seller's Tip:
Keeping the House Tidy and Neat
Not everyone makes his or her bed every day, but when selling a home it is recommended that you develop the habit. Pick up papers, do not leave empty glasses in the family room, keep everything freshly dusted and vacuumed. Try your best to have it look like a model home – a home with furniture but nobody really lives there.
Buyer's Tip:
Cash Offers
If you are one of those rare individuals making a cash offer to buy a home, it makes sense to provide some documentation with your offer that shows you have the funds available. A bank statement would be fine. If you have to liquidate stock or some other asset, your offer should give a timetable on when you will provide proof you have converted the asset to cash.
For more information, please visit our complete
Tips and Information section.
An important Real Estate term:
Guarantee mortgage, or Insured mortgage - A mortgage that is guaranteed against default by a third party (such as the FHA), and for which the borrower must pay an insurance premium