Getting Sellers to Pay Your Closing Costs

In more than half of the buyer transactions I represented last year, my buyer clients decided to ask the sellers to pay a portion or all of their closing costs. We’ve talked about Financing Closing Costs before. Some buyers ask sellers to cover these costs for them, as the buyer is trying to maximize their downpayment or conserve the amount of cash they will have left over after the transaction. Deciding to ask a seller

A View from the Field- Part 2

Today was session 2 of my 30 hour appraisal class. Back out to New Milford I went. One concept we talked about that I found particularly interesting was the highest and best use for a property. In order for an appraiser to determine a final value conclusion for their appraisal report, they must understand the optimum use to which land or improved property can be put. To do this, they’ll look at 4 tests: 1.

The Right Offer Price

I’ve been showing lots of houses lately because in many cases buyers have much to choose from and they’re a little bit more hesitant about the market. The current financial situation is freaking people out, and rightly so in some cases. When we do eventually find “the one,” there is much more hand wringing about what to initially offer than there used to be. Some of my buyers take a low ball strategy, no matter