When someone goes into contract to buy your home, they’ll have a “due diligence” period during which time they can and should investigate all aspects of the property. Preparing a full disclosure package for home buyers in advance, however, is time well spent. The seller is required to make certain disclosures to the buyer during that […]
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[M05/S03] Contents of a Real Estate Disclosure Package
A home owner selling their home is required to disclose any material facts he or she knows about the condition of the property. There are many standard disclosure forms that the law requires the seller to make available to the buyer, but these disclosures vary from state to state, and city by city. Your best […]
[M05/S04] Making Repairs to your Home prior to Selling It
Most homes out there could benefit from at least a few minor repairs – but is it always a good idea to make repairs to your home prior to selling it? Although it’s a generally accepted idea that doing repairs prior to putting a home up for sale usually expedites the process and increases a […]
[M05/S05] Required Retrofits of your Home
When real property is transferred in California, there may be some required retrofits of your home, if your home is not presently up to code in some respects. These are usually minor, and include installation of smoke and carbon monoxide detectors, and also that the water heater(s) be seismically strapped. Smoke and Carbon Monoxide detectors […]
[M05/S06] As-Is Real Estate Sales
What’s an “As-Is” sale? As-Is real estate sales are dominant in California – this means that the seller intends to sell the home in its present condition, without fixing anything more that needs fixing. In fact, the standard Realtor¨ California Residential Purchase Agreement contract is written such that the seller will not be obligated to […]
[M05/S07] Selling as a Certified Pre-Owned Home
Although the purchase agreement is typically for an as-is sale, a seller can turn that idea on its head and instead plan on selling as a certified pre-owned home, much as Mercedes Benz and other luxury carmakers market some of their second hand vehicles. There is considerable advantage to marketing a home as move-in ready. […]
[M05/S08] Preparing your Home for Sale
When it comes to preparing a home for sale, many Realtors will encourage their sellers to go overboard, installing new windows, cabinetry, countertops, flooring, etc. While these types of improvements do add value to your home, they do not necessarily add more value than they cost; that is to say, they are not cost effective. […]
[M05/S09] Enhance your Home’s Curb Appeal
The first item to look at when preparing your home for sale is the exterior. You see, most buyers form their first impression of your home before they even get out of their cars. “Curb appeal,” or the view from the curb, shapes the buyer’s initial impression of your home compared to others. It is […]