buying process

Wedding bells and house hunting

June is a traditional time to get married. I recall one year, I had the pleasure of attending three weddings in a single season. Only one of the couples was seriously discussing buying a house soon. At 4 Buyers Real Estate, we often get calls from prospective buyers that require the immediate response “Congratulations!” They

By |2019-06-09T19:32:45-04:00June 12th, 2019|Categories: buying process, House Hunting|Tags: , , |

You have an accepted offer. Will the deal close?

“Did you know that if a seller receives only one offer on your property, that the probability that it will close is 90 percent. If a seller gets multiple offers, the probability that it will close is only 50 percent….” I heard this statistic in a negotiating training run by Bernice L. Ross. I queried

By |2019-05-31T10:21:41-04:00June 5th, 2019|Categories: buying process, House Hunting|Tags: , , |

What’s happening in the spring market, 2019?

Spring real estate market Here's what we're seeing at 4 Buyers Real Estate. Our clients continue to buy properties, even against competition that is willing to waive their rights to a home inspection or a mortgage contingency. (That contingency allows buyers to get their deposits back if their mortgage is delayed or denied.

By |2019-05-31T10:03:29-04:00May 15th, 2019|Categories: About 4 Buyers RE, buying process, Market data and conditions|

An open letter to sellers’ agents

Sellers have the advantage in this market. My office and I work hard to do everything to keep our clients informed. We use every tactic we can find to give our client the best advantage over other buyers in a bidding war.   In order not to grossly overpay or buy without rights, our clients will

How to read the MLS and other real estate listing sites

Here’s a quick primer on how to read the Multiple Listing Service (MLS) and alternate real estate listing sites. Most of my clients “web around” to sites like Trulia and Zillow to look at images of properties for sale. We create customized searches with our database, but the raw data is out there for everyone

By |2019-04-11T10:18:34-04:00April 17th, 2019|Categories: buying process|Tags: , , , , , , |

What’s different about the spring house hunting market?

In real estate, not every year is the same, but there’s a pattern. By July, the number of new listings has declined, but demand also goes down. Then, in September – normally -- some more properties come up for sale because sellers try to sell in the fall, before the “dead” winter season. The spring

By |2019-04-11T10:06:56-04:00April 10th, 2019|Categories: buying process|

How is a house like a used car?

In the process of choosing a house or condo to buy, house-hunters find themselves in a lot of old houses with old and recent repairs. Every house has a component that is worn out, unless you are looking at something that just got a down-to-the-studs renovation. Like a car, a house will have something that

By |2019-04-03T08:17:33-04:00April 3rd, 2019|Categories: buying process|

Data You Need to Know, Data You Should Ignore

More data is not better data. I advise my clients to look for indications of negotiation points, like comparable sales, the seller buying another property, and neighborhood issues that are chasing the seller from their property (this is common if a building project is nearby or the taxes just went up… that kind of thing.)

By |2019-03-20T11:54:30-04:00March 27th, 2019|Categories: buying process, House Hunting, Market data and conditions|

Our clients get home inspections, because they matter.

Did your buyer's agent tell you to waive home inspection in order to be more competitive? We don't recommend that, ever! We want you to know what to expect, in terms of care and maintenance on this high-priced investment you are making. With average sales well over $600,000 in most areas we work in, we

By |2019-03-14T14:05:53-04:00March 20th, 2019|Categories: buying process|