Selling Real Estate Now – Get Your Property Listed With Bruce Today!
If you have a home, farm, or vacant recreational parcel of land your first step is finding it’s real worth. You will also want to know what the selling process involves.
- What is a home warranty and how does it help me?
- What types of inspections are needed and what do they cost?
- How do you stage a home?
- Do I need title insurance and what are my closing costs?
- Who pays the closing costs? For vacant land surveys may be required.
- How do I find a surveyor and what does it cost?
Bruce Kilmer is a licensed real estate broker with over 25 years experience in all types of real estate and will help answer all your questions. Bruce works evenings, weekends, and makes house calls to help make the process easy for you. Please use the contact request boxes provided here and Bruce will be in touch with you shortly.
Home warranty’s are an insurance policy that provide security and peace of mind for the seller and buyer. Home warranty’s typically cover your furnace, air conditioner, water heater, electrical and plumbing mechanicals. Additional coverage can include coverage for appliances, swimming pools, garage door openers, and other miscellaneous items. Home warranties range in cost from $400 to over $600 depending on the level of coverage you select. You can tailor the policy to your needs and budget. Home warranties are a good investment. Consider one for your home.
A home inspection is always recommended for the buyer. The seller can also have the home pre-inspected and provide the buyer a copy when they view the home. The home inspection is designed to do two things, point out major defects in the property and provide a maintenance list for the buyer. For rural properties well, water, and septic inspections are always recommended. All tests and inspections must be incorporated in to the offer to purchase or the appropriate addendum and attached to the offer to purchase. All language involving tests and inspections must be in writing. Home inspections range in cost from $300 to $450 dollars. Well, water, and septic inspections will cost from $300 to $450. Always use licensed professionals for all your tests and inspections.
The purpose of staging a home is to make it feel warm and inviting inside and out. Start with the basics, replace burned out lights, fresh batteries in smoke detectors so they don’t chirp, replace broken or missing wall outlets and switch plates. Carpets should be clean and odor free. Fresh paint does wonders, use neutral colors. Windows, kitchen counters and sinks, and bath fixtures should sparkle. If you use furniture to stage your home less is more. Your rooms should appear spacious and uncluttered. Don’t forget about the basement, garage, and exterior. Use a shop vac to knock down those pesky cob webs and touch up those corners and hard to reach places. The exterior of your home provides the first impression your potential buyer will see when they pull up. The lawn, trees, and shrubbery should all be trimmed and well maintained. Gutters and downspouts should also be clean and attached. Ask your realtor for tips and suggestions.
Each real estate transaction is unique and terms are negotiable. There are certain items that are required in every transaction. Typically the seller will provide an owners title insurance policy and a deed and transfer return. The buyer will be required by their lender to provide a loan title insurance policy, pay for an appraisal, flood certification, and other loan and closing fees as the lenders policy requires. Ask your realtor about other fees such as gap endorsements, tests and inspections, and closing fees. All terms should be in writing and included in your offer to purchase and applicable addendums attached to your offer.
If there are questions on the location of property boundary lines or possible encroachments a professional survey is recommended. A survey will show the amount of acres, the location of buildings, streets, roads, sidewalks and other important landmarks. The survey will establish property corners and the lines in between. The survey and who pays for it is addressed in the offer to purchase or in an addendum to the offer. The terms of the survey must be in writing.
To find a surveyor you can ask the local county surveyor for a list of names of surveyors in the area. Also ask your realtor who they have used successfully in the past. The type of survey you need and who pays for it are negotiated in your offer to purchase and must be in writing. Before requesting bids and hiring a surveyor check with the local zoning officials on the type of survey required for your project. The two most common types of surveys are a plat of survey and a certified survey. The cost of each can vary greatly depending on the type of survey you need and how much work the surveyor must do to complete the project.