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Home inspection

Mountains, Molehills & Buyer’s Inspections

Hoist by Their Inspector’s Petard Smart home buyers carefully inspect the home they’re about to buy to make sure that it’s in the condition they (and the Seller) think it is. Perhaps counter-intuitively, a thorough inspection isn’t just in the Buyer’s interest, it’s in the Seller’s, too. I remember one deal where, almost exactly *two...
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Cautionary Inspection Story

Foreclosure Minefield #37 At a lunchtime training class today, the presenter — a very seasoned appraiser — relayed a story I’d never heard before in connection with foreclosures (and I’ve now heard — and seen — plenty). When the appraiser arrived at the house, the water was turned off — a common occurrence with foreclosures...
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Closing Deals in a Soft Market: Understanding Buyer Psychology

What’s the difference between a good real estate agent and a great one? A good agent thinks that their job is to attract a well-qualified buyer willing to pay the seller’s asking price. A great agent thinks their job is to find . . . three or four of those buyers. Especially in a buyer’s...
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