| Seller Resources | |
I've prepared some information that may be helpful to you & answer some frequently asked questions! Call me if you have additional concerns: Sheri Lang (509)979-9999 or 1-866-HMS-SOLD. |
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Table of Contents: |
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- Preparing your Home through the eyes of a buyer - Repairing & Cleaning Checklist - Possible Work Orders |
- While your house is being shown - Answers to frequently Asked Questions - Home Inspections |
Preparing Your Home Through the Eyes of a Buyer |
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The effort put into repairing and cleaning your property is likely to be returned in a fast sale at an attractive price. |
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Often, while waiting to be let in, the first thing a buyer looks at closely is the front door. |
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The kitchen is often the most important room in the house. Make it bright and attractive. |
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It is important that bathrooms are clean, bright and smell fresh. |
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The living room... |
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Repair & Cleaning Checklist |
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Front Door:
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Family Room:
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Possible work orders... |
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The following is a list of some possible work orders. The work orders must be completed prior to closing and the seller is responsible for having them done. Check with your local authorities for specific requirements. |
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The following conditions may require a work order: |
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You might have to: |
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Other items to remember: |
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*Check with local authorities for specific requirements. |
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While your house is being shown... |
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Before Your House Is Shown... |
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While Your House Is Being Shown... |
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Answers to frequently asked questions by Sellers... |
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What is title insurance? |
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| Title insurance protects the named insured against loss because of defects, liens, encumbrances, adverse claims or other matters not shown or disclosed to the new owner that attach before date of policy. | |
What is a wood-destroying organism inspection report? |
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| A wood-destroying organism inspection report is a written opinion by a qualified state licensed structural pest control inspector based upon what was visible and evident at the time of inspection. The inspection report does not in any way represent or guarantee the structure to be free from wood-destroying organisms or their damage, nor does it represent or guarantee that the total damage or infestation is limited to that disclosed in the report. Wood-destroying organisms include subterranean termites, dampwood termites, carpenter ants, wood boring beetles and wood decay fungus. | |
What are the hazards of lead-based paint? |
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| All buyers and sellers are required by law to receive and read a pamphlet outlining the hazards of lead-based paint for homes built before 1978. Be sure to ask your real estate agent for a copy. | |
What are closing costs? |
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| Closing costs are an accumulation of charges paid to different entities associated with the buying and selling of real estate. For sellers, they are usually about 9.0-10% of the total sales price of a property. Some of the closing costs you might encounter are: discount points, escrow fee, documentation fee, homeowners' association fees, pest/rot inspection, real estate commission and title insurance premium. | |
What is the difference between "pre-qualified" and "pre-approved"? |
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| If a buyer is "pre-qualified" they have been determined, with a loan officer, what price they can afford based on the down payment, debts, income and the amount the mortgage company will approve for the mortgage. Being "pre-qualified" is only a determination of probable credit. If "pre-approved", a Buyer's credit, employment verifications, deposit verifications, appraisal, and funds have been approved by the lender. | |
What property details are usually included by Listing Services? |
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Usually, properties listed will include the following details: |
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What pages are generally included in the Purchase and Sales Agreement? |
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What is the difference between a REALTOR & Real Estate Agent? |
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| REALTOR identifies real estate professionals who are members of the National Association of REALTORS and subscribe to its strict Code of Ethics. Not every real estate agent is a REALTOR. A REALTOR may be an appraiser, property manager or involved in some other aspect of the real estate business. | |
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Home Inspections... |
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What is an inspection? |
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| There are numerous types of inspections. An inspection is meant to evaluate, at minimum, the structural and mechanical condition of a property. It is not the same as an appraisal which evaluates the market value of a property. Persons involved in real estate transactions need unbiased information about the physical condition of property they plan to buy or sell and your contract should include a contingency that you obtain a satisfactory inspection report. Talk with your agent about the types of inspections available. | |
Home Inspectors vs. Engineers |
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Home Inspector: A person who examines any component of a building, through visual means and through normal user controls, without the use of mathematical sciences. Engineers: A person who analyzes or designs work requiring extensive preparation and experience in the use of mathematics, physics, chemistry and the engineering sciences. |
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Finding a qualified Inspector |
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Ask if she/he is a member of the American Society of Home Inspectors (ASHI). The ASHI has established standards of practice which include the specific services, limitations and exclusions that can be expected from private home inspectors. |
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What should a home inspection include? Every inspection should include, but not be limited to, an evaluation of the following: 1. Foundations 2. Roof 3. Heating and air conditioning systems 4. Ventilation 5. Common areas (for condominiums) 6. Septic tanks, wells or sewer lines* 7. Insulation 8. Plumbing and electrical systems 9. Ceiling, walls and floors 10. Doors 11. Hazardous materials concerns* *There may be an additional fee for this. |
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