What Is A Counter-Offer?

by | Jan 13, 2014 | Sales Process:

  The video puts this in more visual terms, but basically, a seller can respond to a buyer’s offer with changes – a “counter” – that improves the terms. You need to put yourself in their shoes and construct a modified offer that you think they might...

How Do I Evaluate An Offer?

by | Jan 13, 2014 | Sales Process:

  Well, as this story shows, there’s more to an offer than the price tag. Factors you should consider: Is this offer at, near or above my asking price? Are there clauses and additions in their offer that change the terms and final price substantially? How long...

Why Use A REALTOR®

by | Jan 13, 2014 | Starting:

  A state license is required to sell real estate. But roughly half of those licensed take the additional step of becoming a REALTOR®. As we show you in this video, only members of the National Association of Realtors – NAR – are entitled to use that...

How Can I Improve My Home’s Value?

by | Jan 13, 2014 | Sales Process:

  Buyers generally seek the least expensive home in the best neighborhood they can handle. Like the guy in the video says, you want to present a home that fits in the neighborhood but doesn’t stand out too much. For example if neighbors are all 4 bedrooms, 3...

What Is Mortgage Insurance?

by | Jan 13, 2014 | Mortgages:

  Like the video shows, mortgage insurance is a policy that protects lenders against some or most of the losses that result from defaults on home mortgages. Like home or auto insurance, mortgage insurance requires payment of a premium, is for protection against...

What Is RESPA?

by | Jan 13, 2014 | Financing:

  RESPA stands for the Federal Real Estate Settlement Procedures Act. This video tells you about it all. RESPA requires lenders to disclose information to potential customers throughout the mortgage process. By doing so, it protects borrowers from abuses by...