Today’s flippers are more often professional investors with access to cash as banks tightened mortgage loan guidelines and available work crews. But now, “low inventory and many buyers’ eagerness for new construction and remodeled homes has caused some buyers not to do enough checking,” says Seth Captain, managing broker of Captain Realty in the Windy […]
Client Tip: Inspection Questions
Buyers may feel overwhelmed by flaws that might have come to light during a home inspection. That’s why it’s important to ask questions, so that they can move forward confidently in the transaction. A recent article at realtor.com® recommends home buyers ask their inspector clarifying questions. “I don’t understand this; what does it mean?” or […]
Oct. 29 – CVAR At A Glance
Featured Classes and Events Nov. 1 | Citrus Valley Caravan Nov. 1 | CVAR Commercial Forum – Free Nov. 1 | Contract College – Session 7 Nov. 2 | First Time Homebuyer – Lunch & Learn Nov. 5 | CRMLS Training – CVAR HQ Nov. 8 | Annuities, The Must-Knows – CVAR HQ Nov. 15 | Real Estate FORWARD – […]
Home Inspection: What Homebuyers Should Know
Some potential buyers tend to view home inspections as something that is not necessary or too expensive. But home inspections can save buyers time and money in the long run. Here’s what buyers should know: What is a home inspection? A home inspection is a visual examination of the physical structure and major interior […]
Help Your Client Find a Home Inspection Expert
There are about 30,000 home inspectors in the U.S., but not all are licensed. In fact, there are around 15 states, California included, where inspectors aren’t required to be licensed at all, according to the American Society of Home Inspectors. Others are Colorado, Georgia, Michigan, Missouri, and Ohio. Some states, such as Alabama, North Dakota, […]
Closing Delays On the Rise
Closing times are lengthening. The time-to-close averaged 40.5 days from November 2015 to November 2016 compared to 36.7 days the year before, according to data from the National Association of REALTORS®. NAR called the longer times in closing “unexpected” in a recent blog post. NAR began tracking closing delays following the implementation in 2015 of […]
Client Tips: 5 Home Buying Myths
Home buyers get a lot of advice from friends and family – some good, some bad. A lot of myths can pop up and negatively guide their home purchasing experience. Make sure your clients don’t fall for one of these common buying falsehoods. 1. The only upfront cost is the down payment. Buyers need to be […]
Home Inspector or Specialist?
February 2016 | Shannon Ensor Buyers may wonder why they should pay for a home inspection when they can get specialists to point out trouble spots for free. As a real estate professional, your duty is to educate. Recently, I noticed a post from a first-time home buyer in a Facebook group I’m a part […]