The great thing about living in Western North Carolina since 1976, is that I have developed connections with many local business owners who have agreed to offer exclusive discounts for my clients, potentially saving them hundreds of dollars. Enjoy!
My job is to do the work so you can relax and focus on getting to your goal quicker, with less stress. I would love to talk to you about my marketing strategy to put you on the fast track to where you want to be.
I can help with that too! Sometimes it takes someone who is intimately acquainted with the area to help you find exactly the right spot to suit your needs. As a born a raised "local", if I don't know the answer I am sure to know someone who does. I can even customize emails to let you know the second a home that meets your needs hits the market.
Simply put, due diligence funds are a sum of money that a buyer offers a seller in exchange for having time to thoroughly investigate the house. The due diligence money goes directly to the seller and is submitted at the time the offer is made. During this due diligence period, the buyer may choose to back out for any or no reason (but the seller gets to keep the due diligence money if the buyer backs out). If the deal continues to closing, the amount of money given in due diligence is credited towards the buyer. With some loans buyers can receive their due diligence money back. The bottom line is that buyers stand to lose this money if they back out and sellers like a high due diligence amount so this can be a make or break factor in whether or not an offer is accepted. Buyers typically want a long period of due diligence, where sellers would prefer a shorter due diligence period.
Earnest money checks are also written at the time the offer is made, but this money goes to an "escrow agent" such as the closing attorney or real estate brokerage and is held in a trust account until closing. The purpose of this check is to show how serious you are about buying the property.
When a brokerage firm represents both the buyer and seller, dual agency exists. As a seller, if you wanted your home to be exposed to the largest amount of buyers possible, you would want to authorize dual agency.
This is an agreement between an agent and a buyer that the agent will be loyal to you and represent you and your interests. Agents in NC must have a written agency agreement before they can prepare an offer on your behalf.
This is an agreement between a seller and a brokerage firm, that the firm and its agents would represent you. This agreement is required before any marketing of your property may begin.
A CMA stands for Comparative Market Analysis. A competent agent can research your local market and compare your property to similar homes in the area based on a variety of factors. By looking at both houses that have and haven't closed, an agent can give you a good idea of what price is just right vs. what price is too high/won't sell. CMAs should not be confused with appraisals.
An appraisal is performed by a licensed appraiser, not a real estate agent (unless they are also a licensed appraiser). Typically, a lender (bank) requires a buyer to pay for an appraisal to prove what the home is worth before funding a loan. If there is a difference between the appraised value and the sales price on the contract, buyers may have to pay the difference out of pocket.
Not everyone understands the intricacies of buying and selling a home. That is why the best realtor has the heart of a teacher and can explain the process in understandable ways. My background includes over 23 years of teaching experience in economics, personal finance and history. Prior to teaching, my job was to run credit for a housing company (so I have learned a few things about how to help increase credit scores).
I grew up watching and learning from my father, R.F. Saltz, who was a local builder. Not only have I been at building sites since I could walk, he has guided me through renovating and remodeling several of my own houses. Through this "how to" knowledge and hard work, my husband Kyle & I have taken a home that many people would turn down and have renovated it to make it our dream home.
I have had personal experience as a landlord as well as purchasing a home through online auction. With an eye for investment opportunities, I can spot a diamond in the rough for those who are interested in this type of property.
No matter what your dream is, my promise to you is that I will bring you the best results every time. You will not find an agent that will outwork me, or care for your interests more than I will.
I would be happy to have the opportunity to earn your business. Please let me know what I can do to help you meet your real estate goals.