by closetrak.com | Apr 4, 2014 | Title and Closing
Like the video says – real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is...
by closetrak.com | Apr 4, 2014 | Mortgages:
The Prime Lending Rate – sometimes just called “Prime” - is the interest rate that banks charge each other for overnight loans. Some consumer rates – like ARMs – are set in relation to Prime. In the US, Prime is affected by the...
by closetrak.com | Apr 3, 2014 | Title and Closing
Purchasing a home is exciting. Once escrow begins, the excitement can change to frustration, particularly if you are not ready for the closing costs that quickly accumulate. Closing costs simply refer to the fees associated with various things...
by closetrak.com | Apr 3, 2014 | Title and Closing
What is title insurance and why should any buyer get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format your home purchase takes)? Doesn’t the attorney or settlement company handling the closing see to it...
by closetrak.com | Mar 28, 2014 | Sales Process:
Today, your first “showing” will be on the Internet – you’re watching this on the Internet, right? Your price, listing description and PHOTOS determine whether someone will visit in person. Consider professional staging advice...
by closetrak.com | Mar 28, 2014 | Sales Process:
Professional “staging” may include the exterior, but if you’re doing it all yourself, try the five things outlined in this video. 1 – Landscape & lawn. That’s the first impression; make it a good one. Mow, prune, edge and...
by closetrak.com | Mar 28, 2014 | Sales Process:
For many homes and markets, professional help from someone in “staging” makes good financial sense. Like this video say, check your staging options first. If you are doing it yourself, here are 5 key tips. One – Depersonalize. You...
by closetrak.com | Mar 28, 2014 | Going To Market:
Home size is one of the key figures used in comparisons. But you may have different measurements to choose from, as you’ll learn in this video, including builder, appraiser, tax records and possibly owner records. Which one is right, and which one is...
by closetrak.com | Mar 28, 2014 | Going To Market:
If you’re selling, don’t do these things – take some notes from the video! 1. Don’t Sell Before The House Is Ready. If it doesn’t present well, it won’t sell well. 2. Don’t Over-Improve People buy houses in neighborhoods. If...
by closetrak.com | Mar 28, 2014 | Financing:
Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller; their primary mission is actually to protect the lender who’s risking money against the...