Why Is Stan Different?
So You Have Made The Decision To Sell
Initial Contact with Stan
Gather The Following Information
CMA, The Complete Market Analysis and
Appraisal
Prepare Your Home For The Second Visit
Final Meeting, Securing Legal Documents
Sellers Homework And Responsibilities
Home Enhancement For “The Showing”
Preview Booklet And Agent Fliers
Sample Preview Booklet
Marketing Of Your Home
Finding The Right Buyer For Your Home
Open Houses And Agent Showings
Progress Reports
Presentation Of Offers
Counteroffers And Procedures
Accepting An Offer
Attorney Review
Contract Facts
Sales Pending What's Next?
Monitoring All Activity And Progress
Home Inspection
The Waiting Begins
The Buyers Final Walk Thru
The Long Awaited Closing
Helping You After The Sale
Why Is Stan Different
Regardless of who the agent is and how close the Realtors
office is to your home, every agent will do the same 3 basic
steps when marketing and listing your home. The agent will
enter your home in the MLS, notify all agents in their office
that your home is available, and have a for sale sign installed
in your yard. What makes me different is that I will provide
you with more than just these 3 steps. These 3 steps are
typical of most agents and the part time Realtor. But I
will provide you with superior service. Click
Here for an overview, and keep reading.
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So You Have Made The Decision
To Sell
Thank you for taking the time to read this information and
visiting my website. Now that you have made the decision
to sell your home, all you need to do is make one simple
phone call to me to take you to the next step. Simply contact
me any time or day to begin the process. My goal is to provide
you with 5 Star Professional service by promoting your home
and bringing you the best possible and attainable selling
price. Did you know that by using a Licensed Professional
Real Estate Agent you have a better chance of Obtaining
a higher price then if you were to Sell by Owner.
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Initial Contact with Stan
Generally, I schedule 2 appointments to meet with you. The
first visit is a fact finding visit as well as an opportunity
for us to meet. I will gather information about your home
in order to better understand it’s potential value. I will
also determine your needs from the sale. You will have the
opportunity to meet with me and for us to get better acquainted.
Feel free to ask me any questions you may have. This initial
fact finding visit begins with a few questions that I will
ask you over the telephone. You will be asked questions
regarding your home. These include:
How long have you lived in your current home
What type of Major Capital Improvements have you made
to your home
What is your Lot Size or Acreage Size
What is the Age of your home
Number of Bedrooms and Bathrooms in your home
If you have a Garage, how large is it
Do you have a Basement and if so, is it finished
Do you have a certain time frame in which you would
like to sell your home by
What is your reason for selling
Will you be purchasing a replacement home
These questions are necessary, because they will assist
me in determining not only your homes value, but your needs.
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Gather The Following Information
At our initial telephone consultation, you will be asked
to gather certain pieces of information. Please have ready
the following information:
Copy of your Homes Plat of Survey
Recent Mortgage Statement to determine your full payoff
amount
Equity Loans: recent statement to determine payoff amount
Most Current Property Tax Bill
Checklist of Any Questions that you may have
List of all Major Improvements/Capital Improvements,
Including cost of improvements
Any other pertinent Information
Please note that all information given to me will remain
confidential. The reason that I will need your mortgage
information and equity loan payoff amounts are to calculate
your Seller Net Proceeds Sheet. Another words, I will calculate
for you what you will make after all expenses are paid.
In order for me to calculate this amount, all this information
will be necessary. You are not obligated to provide this
information, nor is it necessary in order to sell your home.
Please do keep in mind, however; that property taxes are
public knowledge, as well as sales price history of a home.
This information is simple to obtain, since it is public
record.
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CMA, The Complete Market
Analysis and Appraisal
Upon my first visit to your home, I will conduct a thorough
research to determine your homes fair market value. You
will be asked numerous questions, some of which were mentioned
earlier. Together, We will walk through your home and gather
information which will be used to accurately price your
home. Keep in mind that irrespective of what my report states
or produces, you have final say over what the asking price
will be. After all, “You Are the Boss”. This initial visit
will take about 1 hour. Once I obtain the information and
facts I need, I will take a day or two to research your
home against Comparable Comp Properties found in the sales
archives of the MLS (Multiple Listing Service). It is this
Internet service site (Available to Licensed Real Estate
Agents) that will provide me with the largest resource to
accurately determine the market value of your home. Your
home will be compared to others. Items to be compared will
include the following; Subdivision Sales History, Your Specific
Towns Real Estate Value/Sales History, Comparing your Home
to Similar Types of Models or Style of Homes, Lot Size,
Potential Land Value, Square Footage of your Home, Number
of Bedrooms, Total Rooms and Bathrooms, Garage Capacity,
Basement type, Age of your home, Sales History of Homes
on your block, as well as Surrounding Area Comparison reports,
And Much Much More. Once the CMA is complete, I will contact
you and schedule a visit to go over the facts and prepare
your home for the market place. All necessary paperwork
will be completed at the next visit.
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Prepare Your Home For The
Second Visit
As the seller, you will need to complete the following items
in preparation for my second visit. These items will be
explained to you in more detail before my visit.
Key to Front Door and or Garage
Completed Residential Disclosure
Completed Lead Based Paint Disclosure/Information Form
All Homeowners Need be present for all Legal Documents
to be Signed
Copy of your Homeowners Association By Laws, if you
live in a Townhouse or Condo
Have your Home Cleaned and Set up as you would like
it to appear for Pictures. I will take numerous pictures
of your Home Both Inside and Outside. Have All lights
on, window blinds/screens open to allow more light in.
Be prepared to give me Showing Instructions for your
home. What time is best for you ? What time will you be
at work. Including weekend instructions.
If you have pets, Will they be caged or away during
showings.
Have a list of any additional questions you may have
for me.
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Final Meeting, Securing Legal
Documents
At this visit, which will take from 1-2 hours, I will explain
to you in great deal all the analysis and research that
was conducted to determine the value of your home. I will
also leave you an extensive copy of the CMA reports for
your records. At this time we determine what you think is
a Fair Asking Price. We will also discuss important topics,
including;
Explanation of Real Estate Commissions and how they
are broken down and shared among other Agents
Discuss the Net Proceeds Sheet, What you will receive
after all expenses are paid.
Do you have an Attorney ?
How I will Market your Home to Ensure a Sale
Explanation of the types of Progress Reports You will
receive.
What will happen when Agents show your home
A Discussion on Contracts and Offers
My Goals and Objectives in meeting your needs
What happens after the closing/sale
Much, Much, More
Once our visit is concluded. I will process the paperwork
and enter your home in the Multiple Listing Service of Northern
Illinois(MLS). Within 24-72 Hours of this visit, you will
have a Yard Sign, SUPRA Lock Box on the front door and your
home will be Ready to be visited by Perspective Buyers.
The SUPRA Lock Box will contain the key to gain entry to
your home. Only a Licensed Realtor will have a Key pad that
allows excess into this lock box. The lock box is only active
during certain working hours. It Generally allows entry
between the hours of 8 Am. and 10 p.m. daily. It will also
record the history of all Agents entering the home or activity
in the Lock Box. If at any time you want a printout of all
those accessing the SUPRA Lock Box, simply contact me and
I will provide you with a detailed report.
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Sellers Homework And Responsibilities
During the time that your home is marketed for sale, there
are several things you must remember. Keep in mind that
there will be many people in and out of your home. Even
though they will be accompanied by a Licensed Real Estate
Agent, they are strangers none the less. With this in mind
it is suggested that you put away and hide items of value
as; expensive jewelry, collectibles, money and other items
that may be fragile (break easily as figures or porcelain
treasures) or valuable.
Most important is the way your home “Shows” or is presented
to Potential Buyer’s
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Home Enhancement For “The
Showing”
FIRST IMPRESSION:
Very often a Buyer will make his or her First Impression
of your Home within a few moments of entering. Because
of this, First Impressions are critical and important.
I am not asking you to hire an interior decorator. But
step outside of your home for one moment, then walk right
in. What is your first impression ? I will help you with
minor suggestions, decorating changes or simply ask you
to keep things as they are !
THE EXTERIOR OF THE HOME: Often
called “Curb Appeal”, it is important to consider the
way your home looks from the outside. After all, if a
Buyer does not like the home on the outside, chances are
they won’t go in. Keep in mind that a picture of your
home will be taken for the MLS and All Advertising. Take
the time to walk around your home and remove any litter,
debris or weeds. You may wish to make minor landscaping
adjustments as planting a few colorful or bright flowers
to catch ones eye (during season) or simply mow your lawn
ever 5 days instead of 7. You may wish to take the time
to sweep or hose down your sidewalk, freshly paint your
fence or even your mailbox. If your driveway is stained
or cracked you may want to consider having it resealed.
Trim your shrubs and bushes. Any cracked windows may need
to be replaced. Your doorway should be a focal point,
replace house numbers or an old door knob if necessary.
All these little items add up to the grand overall impression
of your home. Also pay particular attention to the season.
If it is Fall then make sure your yard is raked. You can
even lightly decorate the entry of your home to suit the
Holiday or Season. But don’t over do your yard or entry.
Excessive Halloween or Christmas decorations may seem
like clutter and a distraction to a Prospective Buyer.
TRY TO ATTRACT THEIR SENSES: Color,
Sight, Sound and Smell are All Equally Important. A Basic
rule of selling your home is to Keep the Colors Neutral
and Light. White, Beige, and Gray are the most Popular
Exterior Colors. White, Off-White and Light Pastels are
considered Safe or Common Indoor Colors. Try and Avoid
Patterned Wallpaper. Wallpaper patterns are an Individual
Taste. Because of this, you may limit the number of buyers
that may be interested. Each day, when you leave your
home, remember to leave the radio on to light music. You
may want to clean your kitchen with a lemon oil or wax
to create a lasting scent of freshness. If using incense,
make sure that it is a common aroma and not pungent or
causes the eye irritation.
THE HEART IS THE KITCHEN: Your
Kitchen can have a tremendous impact on the potential
sale of your home. Make sure that the kitchen is exceptionally
clean and smells fresh. You can spruce up cabinets by
replacing all the knobs. Or, simply clean the exterior.
Buyers have a tendency to open and close cabinets and
doors, because of this you may want to consider re-organizing
the contents. Try not to leave many small appliances on
top of countertops. This will allow your kitchen to seem
less cluttered and more spacious. Wipe down the outside
of all your major appliances. Especially if they are Black
on Black color or made of Stainless Steel.
THE BATHROOM: Today, most
people look for Full Spacious Baths. To help you attain
this look, consider removing any clutter from sink tops
or extra decor. Consider replacing any old seat covers.
You may Freshen the room with potpourri or light air freshness
products. Make sure the shower doors are shiny. Fix any
leaking faucets. And shine that faucet. Lighter colors
or brightened window treatments may enhance the room.
GENERAL MAKEOVER: You may
want to go through the home and do a general cleaning.
Make sure you pay particular care with windows, mirrors,
fixing squeaky doors or draws, always make sure your bed
is done, organize any closets or cupboards, never leave
dirty dishes in the sink, check ceilings for spider webs.
Vacuuming alone makes a tremendous difference. BEFORE
YOU LEAVE: Consider leaving the radio on to soft background
music, or leaving behind a nice fragrance or scent, always
make sure the home is vacuumed, put away any items of
value, leave any fans and lights on, leave blinds up to
allow more light in, and finally, leave any information
about your home on the kitchen table or in the entry way
for buyers to pickup. Especially a Previews Booklet.
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Preview Booklet And Agent
Fliers
Promotion is Everything. Your home will be professionally
marketed to find the right buyer. The first thing I will
do is create a previews booklet for your home. These booklets
are important because often times a buyer will preview several
homes a day. It will be difficult for them to remember all
the homes that they visited. By giving them a Custom And
Specially Previews Booklet, they will remember your home
and be able to compare it to other homes. Many Agents do
not take the time to create a Previews Booklet. I will also
prepare Fliers to distribute weekly to hundreds of Real
Estate Agents in Offices in your Surrounding Area And Others.
Agents will receive a flier detailing your home. I personally
stop by and visit numerous offices on a weekly basis and
distribute fliers on all my listings. Few agents take the
time to do this. I continue the flier distribution until
your home is Sold.
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Sample Preview Booklet
5N077 Wood Dale Road
525 Maple Street
Misc Fliers/Agent Handouts
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Marketing Of Your Home
I have numerous Advertising and Skills when marketing your
Home. Keep in mind that I will Market your home - not sell
it. Another Agent will have a Buyer for your home and sell
it. It is rare for the same agent to represent both sides
of the transaction. An Agent that represents both the Buyer
and Seller in a transaction is called a Dual Agent and must
receive written consent from both parties involved prior
to being able to serve as a Dual Agent. My goal is to market
your home so that we find the right Buyer. What type of
marketing plans do I have ? Here are a Few of the Common
Marketing Approaches I will provide you with. Keep in mind
that I cannot list all my skills and approaches here, as
some are confidential and will be mentioned at our initial
consultation. After all, The Fast Food Industry does not
disclose it’s secret recipes ! I challenge any Agent to
provide you with just half the services I will provide you.
The following is a list of Marketing Plans as well as the
Services that I provide to my clients. They are not necessarily
in order:
UNMATCHED FULL TIME SERVICE
AND 24 HR.YEAR ROUND AVAILABILITY
CALL ME NOW ! I ANSWER
95% OF MY CALLS PERSONALLY
MINIMUM OF ONE PROGRESS
REPORT A WEEK
YARD SIGN INSTALLATION
SUPRA-LOCK BOX INSTALLATION
YOUR HOME ADVERTISED
ON A MINIMUM OF 7 POPULAR INTERNET WEBSITES
HUNDREDS OF FLIERS DISTRIBUTED
WEEKLY TO ALL AREA REALTORS
AN OPEN HOUSE CONDUCTED
EVERY 2 WEEKS UNTIL YOUR HOUSE IS SOLD
24 HOMEFAX SERVICE, EVERY
CALL AND INQUIRY IS TRACKED: SIMILAR TO CALLER ID
IN HOUSE PROMOTION OF
YOUR HOME TO CO-AGENTS
A PRIVATE BROKERS TOUR
WILL BE CONDUCTED (LUNCH SERVED AT MY EXPENSE).
DIRECT MARKETING VIA
MAIL AND INTERNET
ADVERTISING IN COLDWELL
BANKER ADS, AND EVERY “BUYERS GUIDE” ISSUE
ACCURATE AND DETAILED
MLS INPUT/ENTRY
UP TO 5 ADDITIONAL PHOTOS
OF YOUR HOME POSTED ON REALTOR.COM
UNLIMITED PHOTOGRAPHS
POSTED ON MY WEBSITE : STANSERVICES.COM
UNLIMITED SUPPLY OF PREVIEW
BOOKLETS CREATED FOR YOUR HOME
UNLIMITED AMOUNT OF FLIERS
DISTRIBUTED TO COMMUNITY AND OTHER AGENTS
FREE FEDERAL AND STATE
TAX ADVISE ON CAPITAL GAINS OR ANY TAX RELATED MATTER
SPEAK POLISH FLUENTLY,
MEANS MORE LEADS- HAVE HUNDREDS OF FORMER CLIENTS
MOBILE SERVICES, I TRAVEL
TO BUYERS AND SELLERS
PORTABLE TAP TOP COMPUTER
ALLOWS ME TO SHOW YOUR HOME TO ANYONE ANYTIME
I CAN SHOW YOUR HOME
ANYTIME, EVEN IF THE BUYER’S AGENT CAN’T FIND THE TIME
COMPETITIVE COMMISSION
RATES: CONTACT ME FOR COMPLETE DETAILS
UPON CONTRACT ACCEPTANCE,
COMPLETE AND THOROUGH FOLLOW THROUGH
24 HOUR EXCESS TO VOICE
MAIL RECORDS OF AGENTS SHOWING YOUR HOME
EXCESS TO A LIST OF DATES,
TIMES AND NAMES OF ALL AGENTS SHOWING YOUR HOME
ADVERTISING IN LOCAL
NEWSPAPERS, PUBLICATIONS AND TRADE FLIERS/BROCHURES
REVERSE PROSPECTING CONDUCTED
EVERY 5 DAYS TO FIND A BUYER
FLIER DISPENSER TO BE
PLACED ON YARD SIGN
BI-WEEKLY EVALUATION
OF YOUR HOMES PRESENTATION
SHORT TERM MARKETING
COMMITMENTS FROM 3-4 MONTHS.
OFFICE DISPLAY OF YOUR
HOME FOR PUBLIC TO SEE
PRINTOUT OF ALL SUPRA
LOCK BOX ACTIVITY
COLDWELL BANKERS TELEVISION
PROMOTION OF THE COMPANIES NAME/REPUTATION
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Finding The Right Buyer
For Your Home
Again, my goal is to Market the home in order to find a
Qualified Buyer. Another Agent will actually Sell your home.
As many buyers will preview your home, it will be my priority
to make sure that they are Qualified Buyers. A Qualified
Buyer is one that has a true mortgage commitment. A Pre
qualification is not a full mortgage approval, but rather
an estimate of what one can afford. But A Pre Approval is
stronger. I will do my best to provide you with Pre Approved
Buyers.
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Open Houses And Agent Showings
At your discretion, I can conduct an open house at least
once every two weeks until your home is sold. Open houses
often times attract neighbors and curious “drive-by's”.
But occasionally, they do attract that buyer.
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Progress Reports
I am committed in providing my Clients with Five Star Service.
I challenge you to find another Agent that offers weekly
Progress Reports. Even Immediate progress reports if you
call me. You will receive various progress reports on a
weekly basis. These reports are essential in keeping you
up to date on showing history and market trends in your
area. Common reports I send will include:
Showing History Reports:
Showing you who visited your home and When
24Hr.Home Fax System
Tracker Results of Callers and Any Inquires
Recent Sales and New
Homes on the Market in Your Area (Our Competition)
Details of the Number
of Visitors and Buyers Viewing Your Home on Realtor.com
Internet Site
Market Trends and CMA
Adjustments for the Long term
Agent Feed Back Results
from Agents Showing your Home
Suggestions, Ideas and
Comments about our Progress
Copies of Advertisements
in Which your Home was Published in
Copy of Buyers Guides
in which your Home was Advertised
Copy of All Internet
Websites Your Home is on w/Samples
Voice Mail Recording
of Agents Leaving Messages to Show your Home. You will
receive A Voice Mail Pin #.
Many Surprise Reports
with Confidential Information regarding our Progress
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Presentation Of Offers
Once a Buyer is interested in purchasing your home, the
Buyer’s Agent will contact me. I will provide them with
instructions on where to deliver the Offer or Contract.
This is often done by Facsimile. I will attempt to ascertain
some initial information regarding the Contract. Once I
receive a Full Valid Contract, I will contact the Agent
with any questions I may have. Once I fully understand the
Offer and clear any errors or questions I will notify you
immediately. At that time I will go over the Contract with
you in great detail over the phone. Generally, I will meet
you in person and go over a contract when we are accepting
a Contract as Final. At this point it will be necessary
to meet in person because It is preferred to obtain original
signatures. While going over the contract I will take notes
of all your likes and dislikes. For example, The buyer would
like to keep the Washer/Dryer, but you did not originally
list it as part of the sale. The buyer also is offering
$ 205,000. When you listed your home for $250,000. I will
give you my opinions and advise you on concerns and potential
issues the Buyer may have. But you ultimately make any final
decision. Keep in mind that we are Agents and not Attorneys.
We cannot provide you with legal advise. If you do not accept
the contract as written, then the next step is to make a
Counteroffer. By making a counteroffer, you are basically
Voiding the First Contract and Creating a New Offer or Contract.
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Counteroffers And Procedures
Counteroffers are commonly conducted over the telephone.
The reason is quite simple, if we go back and forth with
constant changes on the Original Contract, it will eventually
be an Indecipherable Mess. I will contact the Buyer’s Agent
and go over our changes or alterations to their Offer. At
this point the Agent will notify his Buyer and then contact
me again with Acceptance of the new terms or with a New
Counteroffer. This will continue on for several hours or
even days. But once both side reach a mutual agreement.
Any changes will be made on the Original Offer and I will
make arrangements to meet with you to go over the Contract
one final time and to Obtain All Signatures of All Sellers.
At this point we have a Valid Legally Binding Contract.
As Real Estate Agents, we can no longer change any portion
of this contract. It will be forwarded to your Attorney
and the Buyer will do the same. The Attorneys will take
over from this point. They can negotiate, re-negotiate or
try to change any part of this contract (For Example; Negotiate
a new closing date, or request a Mortgage Contingency Deadline
Extension....)But they cannot change the Excepted and agreed
upon Price. This is very important to remember. For your
safety and protection your Attorney will review the Contract.
S/he will even examine it for omissions, as even agents
are not infallible. But you will need to consult your attorney
once a contract is Accepted and signed by both sides.
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Accepting An Offer
Once you the seller sign, and the Buyer signs the Final
Contract, we have a Valid Legally Binding Contract, Your
selected Attorney will represent you and guide you from
this moment forward. It is his or her responsibility to
review the contract and prepare you for the closing
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Attorney Review
Fact: the respective attorneys for the parties may
approve, disapprove or make modifications to the contract,
other than stated purchase price, within 5 business days
after the date of acceptance. Must be in writing. If within
10 business days after date of acceptance written agreement
on proposed modification(s) cannot be reached by the Parties,
Contract is null and void.
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Contract Facts
Click Contract
Facts for a brief overview of contract facts and details.
Please note that not all of these items may be covered here
or apply to your situation. These are however the most common
components of the contract which are valid.
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Sales Pending, What's Next?
?
At this Junction you will be consulting with your attorney.
Once your attorney reviews the contract s/he will notify
you with any concerns or comments. Please continue to have
your home available for showings until the expiration of
the 5 day Attorney Approval and Home Inspection. It is these
5 days that are critical to a Contacts survival. An attorney
can Void a contract for any Valid reason during this period.
Not just your attorney, but the Buyers attorney as well.
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Monitoring All Activity
And Progress
During this process and even past the closing, my duty is
to Monitor and Observe all activity. This is done in order
to ensure a smooth transition. I will constantly be in touch
with You, Your Attorney, the Buyers Agent, Buyer’s Attorney,
Home Inspectors, Loan Officer or Broker, Closing Coordinator
and many others, to ensure a smooth Closing.
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Home Inspection
Once a Buyer orders an Inspection date, I will be contacted
by the Inspector and schedule a time that is accommodating
to both you and the Inspector. The main purpose of the inspection
is to search for major defects that need to be repaired
or addressed. Fact :The Buyer may at own expense, conduct
a home, radon, lead-based paint and/or wood insect infestation
inspection(s). Buyer shall serve written notice upon Seller
or Sellers attorney of any defects disclosed by the inspection(s)
which are unacceptable to the Buyer, with a copy within
5 business days. (10 for lead based paint). If within 10
days after date of acceptance written agreement cannot be
reached by parties w/respect to resolution of inspection
issues, either party may terminate the contract by written
notice. The Buyer has 5 Business days from the time
the contract has been accepted in order to conduct a home
Inspection. Your Attorney should contact you with the results
of the home inspection. The Buyer may still conduct a Home
Inspection after this time, However; s/he may not be able
to use its findings as a way to Void the Contract.
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The Waiting Begins
After all inspections are done and attorney reviews have
been completed, we wait ! We wait for the closing. Your
attorney should contact you several days or even weeks prior
with the location and time of your closing. Until that Time,
I will continue to monitor the Buyers Loan Process. Generally
at this point, the only way the contract would fall apart
is if the Buyer did not receive financing. The contract
stipulates this. Fact: Contract is contingent upon Buyer
obtaining an unconditional mortgage commitment by the date
specified. Buyer shall make written application within 7
calendar days after the Date of acceptance. Failure to do
so shall constitute an act of default under the Contract.
If Buyer having applied for the loan specified, is unable
to obtain a loan commitment and serves written notice to
Seller within the time specified, the Contract shall be
null and void and earnest money refunded to Buyer upon written
direction of the Parties to Escrowee.
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The Buyers Final Walk Thru
Several days prior to closing, the Buyer’s Agent will contact
me and schedule a Final Walk thru. This is conducted to
ensure that the property is in the same condition as it
was when it was agreed to purchase. Fact: Buyer shall
have the right to inspect the Real Estate, fixtures, and
personal property within 72 hours prior to closing to verify
that all is in substantially the same condition as of the
date of acceptance. If there are any issues at this
point, the Attorneys will contact each other and then your
attorney will notify you of the results. You may even try
to request a copy of this report from your attorney. If,
for Example, there is a leak in the basement and the carpet
is stained, you may be asked to either clean/replace it
or allow a credit (reduction of purchase price) to satisfy
the buyer. If a credit will not be issued, the buyer may
again schedule a Second Final walk thru to ensure that it
was fixed to their satisfaction. Closing dates may be postponed
if things are not to the satisfaction of a Buyer. This is
more common than you might think.
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The Long Awaited Closing
Unlike many Agents, I do my best to attend each and every
closing. Your Attorney should contact you far in advance
of your closing date. Once I obtain the closing information,
I to will contact you with the information. You will also
receive a Closing Information Letter from me with the closing
details. Your attorney will notify you of anything you need
to bring to closing. The closing generally will take place
at a time and location previously agreed upon by both Attorneys.
The Closing will be conducted by a Title Company. Their
duty is to act as a type of Coordinator for proper distribution
of all funds. They will ensure that funds are distributed
according to Agreement. For Example, they will make out
all the checks and pay the Attorneys their fees, the Real
Estate Agents their Commissions, The State their Tax, The
Bank the Credit Report Fees, etc......... Closings can take
45 minutes to All Day. Sometimes they run into a second
day. There may be a few obstacles that occur at a closing.
Please be prepared so that you are not worried or stressed
out. A common problem is that Banks may wait till the last
minute to disburse the funds to the Title Company. If the
bank does not disperse the proper funds to the proper escrow
account, this to can slow down the closing. I have been
in a situation where a bank sent the funds to the wrong
Escrow account. As a result, the closing was postponed a
day to correct the problem. If the Title company does not
receive the funds, then a closing Without the funds cannot
take place.
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Helping You After The sale
Once the closing is complete my services still continue.
Should you ever need anything, please do not hesitate to
contact me. If you are looking for a replacement home, I
will now help you find your new home. Visit Buyer
Services for complete details. Often times if you are
Selling your home and Buying another, the closings are set
up on the same day or a few days apart.
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