A Friend In The Business
Hiring An Expert:
When you hire me as your Sellers agent, I am fully committed to finding someone to buy your home as fast and smooth as possible, as I represent your interests to the fullest.
As a broker I make all my income based on my clients being successful and nothing less! This means I will do everything in my legal boundaries to sell your home, professionally and Ethically.
Also you SAVE! Listing with me you will receive home photography included with your listing agreement.
Let me join you in this journey and help make it a wonderful experience!
Home Seller Glossary
Agent – A person who works for a seller, buyer, or both during a real estate transaction
Appraisal — An estimate of the market value of a property based on comparable recent sales of homes nearby. It is done by a licensed appraiser for a lender. .
Closing costs — The expenses and fees associated with the purchase and sale of a home, such as taxes, title insurance, appraisal fees and lender fees.
Closing— Settlement of Transaction.
Closing Disclosure — A final statement of loan terms and closing costs. The buyer must receive it three business days before closing. Replaced the old HUD-1 form.
Commission — A fee charged by a real estate agent for his services. In many cases, the seller pays the commission to his agent as well as the buyer’s agent.
Comparable Market Analysis —An evaluation of similar, recently sold homes (called comparable) that are near a home intended to be bought or sold. It establishes a price estimate based on current market activity that can be used as a guide for pricing a home. Buyers, sellers, and real estate agents perform a CMA when they are preparing to buy or sell a home.
Contingency — A condition that must be met before a sale can close. Common contingencies include home inspection, financing and home appraisal.
Counter offer— An offer made in response to a previous offer. Example: after the buyers presents their first offer, the seller may make a counter-offer with a slightly higher sale price.
Earnest money deposit — A partial payment by a buyer when submitting a contract that demonstrates the buyer’s commitment to the deal. The money, which is held in an escrow account, goes toward closing costs.
Escrow — A neutral or third party who handles the exchange of money and documents on behalf of two other parties before the closing of a sale.
Home Inspection—A professional inspection of a home to determine the condition of the property. The inspection should include an evolution of plumping, heating and cooling systems, roof, wiring, foundation and pest infestation.
Inspection— A thorough inspection of a home by a licensed inspector to discover any issues or repairs that need to be made before buying the home.
Title insurance — Compensates the buyer or lender if title defects, liens or competing claims of ownership on a property arise after closing. Under contract — A seller has accepted the buyer’s offer, but any contingencies have yet to be met.