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5 Steps Before Home Selling

House with a for sale sign

Don't even think about putting your home on the market before you've done your homework. Here are 5 steps to ensure a pain-free home selling process.

Home Buying / Selling Spotlight10

About Making an Offer Before Viewing the Home

Monday April 21, 2014
Don't laugh, there are buyers today who think it's all right to make an offer before viewing the home.

They are probably not aware of the risks because their agent has not informed them of any risks. It's not that agents are withholding information, it's that they don't know any better, either. Agents think they're doing the right thing because they've that heard that other agents practice real estate this way or because their client asked them to do it. Lots of agents just want to make their buyers happy and close the transaction. But it's pretty risky when a buyer writes an offer on a home that the buyer has not personally toured, and it compounds if the agent doesn't tell the truth about it.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

The Many Types of Real Estate Agents

Friday April 18, 2014
There are so many types of real estate agents that it's almost impossible to keep them all straight.

Where I work as an agent in California, we have about 80 or so agents in my office alone, and about 17 offices. Just looking through the titles of agents in my office is enough to make my head spin. If I were a buyer, I wouldn't have the first idea what kind of agent they were and whether I should care. Some of the titles they bestow upon themselves are confusing, as they are probably trying to set themselves apart from all of the others. But when it comes right down to it, we are all just real estate agents, regardless of what we call ourselves.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

How Clean to Leave the House Upon Sale

Wednesday April 16, 2014
Sellers often ask me how clean they have to clean the house upon sale.

I don't try to analyze why a seller would ask the question because that would be a waste of time. The fact is they ask it. They are worried, I guess, that they might not make the buyers happy or maybe they just don't want to do any extra work? While it's not necessary to scrub the house from top to bottom, there are common courtesy things a seller should do while cleaning the house for the new owners upon sale. Leaving a bottle of champagne in the refrigerator is a nice touch, too, but not required.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

Most Home Buyers Take Out a Home Mortgage

Monday April 14, 2014
Until you decide to buy a home, you probably have not thought much about a home loan nor wondered why it is called a mortgage.

Many people might not even consider a home loan to be a mortgage because it's an unfamiliar term. You get a loan to buy a car but you get a mortgage to buy a home. Is there a difference between the loans? Yes, there is a big difference, especially how the interest rate is calculated. Mortgages are generally amortized using a different set of rules. If you paid off a 30-year mortgage over the full 30 years, you will probably pay 3 times as much as you initially paid for the home. Maybe more.

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At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

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