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Real Estate Question and Answer

Seller Options When The Appraisal Comes In Low

Seller Options When The Appraisal Comes In Low

Seller options when the appraisal comes in low Dear Phyllis, I have a sales contract but the buyer’s appraisal came back for $10,000 less than our agreed upon purchase price. After the buyer’s inspection, I agreed to credit $5,000...

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Winning the bidding wars

Why didn’t I receive a counter offer?

Why didn’t I receive a counter offer? Dear Phyllis, My fiancé and I made an offer on a house but due to the condition of the economy, our offer was low. Although we would have increased our offered price, we were never given the op...

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Winning the bidding wars

Can I sell my home if the roof isn’t permitted?

Can I sell my home if the roof isn’t permitted? Dear Phyllis, After I bought my home, I had the heater replaced and a put on a new roof. Although the work was done by local contractors it was suggested that to save money I not pull ...

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Winning the bidding wars

When is a good time to list your home for sale?

When is a good time to list your home for sale? Dear Phyllis, My aunt recently passed away and I am her executor. I am planning on having her home painted before selling. When is a good time to list your home for sale? Linda Dea...

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Winning the bidding wars

What happens when a cash buyer can’t pay cash?

What happens when a cash buyer can’t pay cash? Dear Phyllis, After four months on the market, we finally sold our home to an all cash buyer. Closing was to occur in thee weeks. Because there was no loan to worry about, we have been mo...

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Senior Planning a Move

Senior Planning a Move Dear Phyllis, My mother has begun to discuss selling her home and moving into a senior’s apartment complex. While I think this is a good idea, I think it is too soon for her to give up her home. But I do concu...

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Planning ahead

Planning ahead Dear Phyllis, We have lived in our home for thirty years. Over the last several years, we have spent almost $15,000 on the outside. We have a new driveway, fresh paint and new drought tolerant landscaping. Five years ag...

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Winning the bidding wars

Counter Offers not Required

Counter Offers not Required Dear Phyllis, I have been looking at homes for nine months. During that time we have written several offers which for various reasons weren’t accepted. The most recent offer my agent submitted was on a ho...

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Winning the bidding wars

Pricing to sell

Pricing to sell Dear Phyllis, Before listing my home I met with two Realtors. The first told me to price my home at $1,295,000 and expect to sell over the asking price. But he really couldn’t pinpoint how much higher, which made me ...

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