I recently sold a home, and the buyer didn’t have enough money for closing costs. They asked me to sign papers that raised the purchase price $5,000. I want to know because the buyer got $1,000 of my hard-earned money. On the day of the closing, I hadn’t cleaned everything, so I told his lawyer I needed another day to finish up. They agreed, but I thought it was midnight the next day, and it was noontime. I made a mistake, so legally, they can do that. I want to recoup my money the same way they took it from me.
Our home has been on the market for one month. We started at $698,500 and reduced it to $685,000 after two weeks. The house is 3,564 square feet in a desirable older neighborhood. We’ve had two showings and much positive feedback. The only negative is that we have no backyard. Our agent now is recommending we lower the price again. We are not in a hurry to move as we have no other place in mind. Do we lower the price or take it off the market and relist it when we are ready?
First time or frequent buyer, here is advice to heighten your home-buying experience. “When buying a home, buyers often have many questions running through their mind,” wrote Joey Marino, president of Stark County Association of Realtors last year when he posted an article about “Security Tips for Homebuyers” at the association’s website.
“What’s that horrible moldy smell in my bathroom? Eek!” Yes, I confess: I am terrified of mold. Sometimes I fear that having written so much about mold, mildew and fungus, I imagine them lurking everywhere. However, this was no fantasy—that “unwashed socks” odor was very real. Now I had to track down the cause … and get rid of it.
Is your dishwasher not starting, filling or draining? Perhaps it’s just plain leaking. In any of these cases, friends and family may tell you, “Calling a dishwasher repairman isn’t worth it; better just buy a new one.” Feel free to ignore this not-so-sound advice.
With events canceled, vacations postponed and most gatherings on hold, it looks like we’ll be spending lots of time at home this summer. But staying nearby doesn’t mean spending the day inside. If you’ve got an outdoor space, now is the perfect time for a family patio party.
How can I find the best mortgage loan? Monty’s Answer: I answered this question several years ago, but it bears repeating. Comparing the cost of mortgage loans is a challenge for most mortgage shoppers. Do this before you look for your home. The most helpful lender may also have the best preapproval letter. Here are 10 facts to help you find the right loan.
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