“Life is Inspections are like a box of chocolates. You never know what you’re gonna get.” –Forest Gump (paraphrased) Why waste $300 or $400 inspecting a condo that doesn’t have a foundation, roof, or other structural elements? Why not just apply roughly the same amount towards a home warranty, that will protect the Buyer in...Read More
Hurry Up and Wait Every day you see one more card You take it on faith, you take it to the heart The waiting is the hardest part —”The Waiting“; Tom Petty, lyrics In my original post, “The Waiting (is the Hardest Part),” I discussed the various kinds of waiting that people frequently have to...Read More
If a company is out of business, does that mean that all the products it ever made and sold — and may still be in use — were defective? Hardly. At this very moment, I can think of any number of local basements storing black-and-white TV’s made by RCA, Zenith and other defunct brands that...Read More
Gap Between Last Ask, Sold Price One clue that a just-sold home had major inspection issues is when the sales price represents a big discount from the last asking price. So, for example, a house that was listed at $500k, was “Pending” on MLS for six weeks (give or take), then closed for . . ....Read More
Pro’s and Con’s It’s difficult advice to give a Buyer, but I ran into another agent recently who recommends that would-be Buyers in a short sale go ahead and deliver their earnest money check and perform their inspection — before the bank signals its OK. Many (all?) Buyers are hesitant to do that, because if the bank does not agree...Read More
Advice to Home Buyers The first thing I tell my Buyer clients when the subject of post-sale legal recourse comes up is, “if you have a bad vibe about this home or this Seller . . . move on.” Period. With that out of the way, I generally provide this counsel when the subject of...Read More
