“Stick and Stones May Break . . . “ I knew my front desk’s first aid kit included a cross section of pain relievers, because I’ve availed myself now and then. However, rummaging through it today, I discovered Pepto-Bismol (makes sense), but also gauze and band-aid’s. I hope the latter items aren’t closing-related (and no, the incessant...Read More
Foundation Size: 1,000 AbvGrdFinSqFt: 1,000 Total Fin SqFt: 1,000 Suffice to say that I was dubious when I saw the above stat’s on a new MLS listing this morning. It’s not often that a house actually measures to such a round number, and that the foundation size, above ground square feet, and...Read More
For many “space-challenged” families, even the thought seems inconceivable: a home with too many bedrooms! How can such a thing be possible? Easy. Exhibit A: a two-story home with a 900 square foot foundation — and four (or five!) bedrooms on the upper level. When you see such a configuration, you know that: 1) the bedrooms...Read More
Great! A New Kind of Feedback Request to Ignore Once upon a time, “agent feedback” meant the Buyer’s agent letting the Listing agent know how the showing went. Now, apparently, it includes giving feedback on the agent who just handled the other side of a deal. I received the following email from the agent’s broker: Dear Ross,...Read More
(And Why it Matters) Preapproval subject to the Seller paying 3% toward the Buyer’s Closing Costs. –Lender Preapproval Letter Lawyers — and Realtors who used to be lawyers 🙂 — know that if a term isn’t included in a contract . . . it’s not in the contract. That’s because of something called an “integration clause” —...Read More
The Discount for “Stale?” A Lot. It’s only anecdotal, but it sure seems to me — and many other veteran Realtors — that “For Sale” homes today fall into one of two categories: 1) homes that hit the market well-prepped, well-priced, and with a lot of marketing fanfare — and sell in a few weeks; and...Read More
